Cause I should really stay out of trading. It's not where I'm best suited to be helping the project. It will lead to people changing their behavior on my behalf. Seems negative? I'm just trying to figure out where I best fit in and stay out of the rest.

On the other side though, I feel like it's my duty to inform the world that it is insane to short a hyper deflationary currency/medium. This is not a stock, it's not a commodity. It's a system of commerce. Going long you risk only the capital you put up, if short, you have infinite risk. Infinite risk on a hyper DEFLATIONARY asset. Think about it, it's going to get people hurt eventually.

It's not funny either, I want to express the idea a bit better, I think it's important for people to grasp.

Wouldn't it be ironic if I answered that in my talk, at our open house... today... while you're short? Hmm

When I studied for my series 65, I came by some information about why trading sort term doesn't work long term. It's all based on internal bias, the people all eventually go broke (or more likely they tread water when you include the fees/taxation in the mix). I guess it's the governments that are the true beneficiaries of behavior like that long term. It's really difficult to do it correctly, it's much easier to find projects you agree with on a philosophical level, fundamental level, then just put your money on them. If your vision of the future is correct and you're aligned with the correct concepts you'll make money and the free market will work properly.

We need traders, but it's like we need miners. Neither make money on the network until they're expert level.

Further more, everyone is used to trading inflationary markets, or denominated markets (assets like stocks that have linear growth models, gold markets, silver markets, etc). We are a new type of medium that has a growth potential that is deflationary and exponential in nature. It's extremely dangerous for traditional minded traders to wrap their minds around to understand how dangerous that actually is. We have barely begun to start growing. A word of caution I think is in order.

Attention Mining Pools:

We're entering the final stages of 12.1 testing on testnet, as a matter of course we'll need to have some mining pools running. Getblocktemplate changed in this release, so we need to create a guide to help the mining pools update effectively.

If you run a pool on mainnet, or would like to learn more about the process of setting up a pool, you can help us by getting this setup on 12.1.

Please report how you were able to setup the pool with our new software here:

http://www.dash.org/forum/threads/12-1-testnet-testing-phase-two-ignition.10818/page-6#post-107649

Thanks,

Evan

My talk tomorrow is an update on Dash Evolution. There's other things I could point you to, but it'll be quite up to date   .

( )

Welcome back!  

Enforcement is on! (eta 10m)

There's also two new checkpoints, that signal the correct chain to hop on. We'll push out an update in a few hours, in the mean time, if you're running from source feel free to update (the most important nodes will be running source, so that should fix everything anyway).

https://github.com/dashpay/dash/commits/master

https://docs.google.com/spreadsheets/d/1BmfW0YGYrnWxRDsW3W3SQy2xdIqi2sArjP1hkiiuUsI/edit?usp=sharing

Each month we're gaining momentum, we started at about $13k/mo in October 2015 and currently next month we're going to have over $100k to spend. This is fantastic, it shows we can grow the ecosystem and as we do, we'll have more and more funding available for the next projects. The model is working, it's exciting. There's a definite relationship between making good investments for the network and the price appreciation, I believe they are causal.

Finally beat ETH for the top spot on polo  

Doesn't that mean ASICs caused decentralization in our case? (temporarily anyway... I don't think this will last forever. The incentives are prone to cause centralization in the end, we're working on that problem as well)

Actually, that was a bug. In fact, I think we fixed it in 12.1 already (thx Udjin!). Along with a really nasty bug that stops the budget system from syncing properly as well. The next version should have swimmingly fast syncing and privacy .

Ok, back to Terraria...

This could be really cool as a tool after 12.2, we can make all of the network data available to us in a database, then query locally using MYSQL.

https://www.periscopedata.com/ab?source=quantcast&ad=so-300x250

Imagine graphing stats like Payments Per hour, Account Creations Per Hour, etc. We can track the activities on the network pretty well with something like this.

Er, that's this project. I just decided to do like an open-source not-for-profit. I was going to run it like etherium when I first started and decided to decentralize it further ( e.g, no external/centralized funding, no centralized companies which own everything, etc)

Seriously and don't mix up amount and the "price per" either



https://www.reddit.com/r/Bitcoin/comments/3dq5to/what_just_happened_on_btce_bug/

Good idea -- I made a few charts. I was talking to someone the other day who would only learn visually, I guess it's important sometimes.

https://github.com/evan82/sentinel/blob/master/docs/tour.md

Someone was asking about the private server idea, here's some clarification: