It is a compelling argument. Miners like everyone are motivated by how to maximise their own profit. This is game theory. Large miners who can also afford to run masternodes will push out those miners who do not. I don't see any good counterargument to this
I am not interested in game theory, assumptions, opinions, i am interested in facts and evidence supporting those facts. There is simply no evidence of large miners also running masternodes. Just like there is no evidence that a miners/masternode combo is behind the Dash price decline. Provide evidence and we actually have something worthy to discuss further. |
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Here's a chart that totally supports thunderjet's assertions: (Though you get the same for LTC at this scale. Worth studying more).  Where is the evidence on that chart pointing to miners also being masternode operators and that the centralized miner/masternode combo is the driving force behind Dash price decline ? Where is the missing link ? This support nothing. |
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@qwizzie
I do not deny that there are affirmations supported (with greater or lesser success) ... but many others that are pure negative rhetoric to which - I will try - not to contribute. For me personally, it's like they don't exist ... as simple as that.
a greeting
Like these negative rhetorics from toknormal ? They are eating the capital value of the chain like a starving animal that starts to consume its own flesh to survive. I realise that masternode holders want holiday cruises, but f*k'm They all want out on the next pump.
No worries. I'll be joining them Use MN rewards as bottomless well of bribery payments in exchange for hodling, and it'll do the exact opposite. Demise as a competitive crypto asset when compared with its 100% mined contemporaries. Sometimes I don't think Dash investors realise what they bought or how to protect it. If you wanted to invest in utility (rather than a mobile, versatile commodity) you should have bought Mastercard shares, or some other type of blockchain security who's protocol is designed to host entire nation's worth of debt securities. Stock buyback economics.
Let the masternodes "suck" the Dash off the market. Lets get Dash back to an inspiring ideal rather than "how much free money can I get from my masternode", meanwhile the market is at liberty to simply trash that "free money" back to the dark ages in Satoshi or $USD value as it sees fit. Dump all kinds of negative rhetorics for months and months on this forum, and people can expect to get negative rhetorics back. Taking all these quotes out of context does not support any argument you are trying to make toknormal has engaged in very low level posting directed at masternode operators (of which he is one himself) for many months now, engaging in mostly negative rhetorics ever since his post to fork Dash. All in an effort to further advocate his own own market theory, i assume. I can provide his full quotes (which will most likely take a full page), but that would not change the nature of those posts, which is simply very negative rhetorics. |
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@qwizzie
I do not deny that there are affirmations supported (with greater or lesser success) ... but many others that are pure negative rhetoric to which - I will try - not to contribute. For me personally, it's like they don't exist ... as simple as that.
a greeting
Like these negative rhetorics from toknormal ? They are eating the capital value of the chain like a starving animal that starts to consume its own flesh to survive. I realise that masternode holders want holiday cruises, but f*k'm They all want out on the next pump.
No worries. I'll be joining them Use MN rewards as bottomless well of bribery payments in exchange for hodling, and it'll do the exact opposite. Demise as a competitive crypto asset when compared with its 100% mined contemporaries. Sometimes I don't think Dash investors realise what they bought or how to protect it. If you wanted to invest in utility (rather than a mobile, versatile commodity) you should have bought Mastercard shares, or some other type of blockchain security who's protocol is designed to host entire nation's worth of debt securities. Stock buyback economics.
Let the masternodes "suck" the Dash off the market. Lets get Dash back to an inspiring ideal rather than "how much free money can I get from my masternode", meanwhile the market is at liberty to simply trash that "free money" back to the dark ages in Satoshi or $USD value as it sees fit. Dump all kinds of negative rhetorics for months and months on this forum, and people can expect to get negative rhetorics back. |
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Here we go again. Instead of addressing arguments made in the latest couple of pages qwizzie goes months to dredge up things toknormal hasn't mentioned for a long time. What page did you find that fork quote on qwizzie ?
Interesting, so time has somehow an influence on how we should interpreted someone's post about a willingness to fork Dash as part of an experiment ? Do you think toknormal changed his view on this ? Anyways, i was just providing birdonthewire with some references. |
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Regarding the reallocation, you are in some kind of denial state, kicking and screaming, while the vote has already been counted and the results already implemented and just waiting to be fully switched on. Sound familiar? I wonder who will concede first? You or Trump? ____________________________________________________________________ I had the same thought  Looking at how toknormal has been behaving so far (willing to fork Dash, ... Too many ad hominems and attempts to ridicule and too many inaccuracies and fallacies presented as truth in your economic valuations of the measures that will presumably consolidate DASH as a store of value - and they will not, because they do not even point to it ... but we will get into it. that when the debate focuses on contributing and not disavowing, because that way we are not going anywhere ... positive, of course, that the rest is wasting time -. So many, that it would be more profitable to write a book than to answer them for free ... and also, it would be wasting energy and time in trolls, so I will not dedicate a second, sorry. Information intoxication in DASH is one of the first measures for the lousy imposed model to consolidate itself. -------------------------------------------------- ---------------------------- @Toknormal: Among your solutions, do you contemplate making a Fork of DASH as an option? ... Have you proposed it before something in this line? (I have not seen anything, sorry). I would appreciate a link to any info about it. Thanks. It isn't a "bear cycle" it's a death spiral https://bitcointalk.org/index.php?topic=421615.msg55538719#msg55538719Reject it all you like but the fact is it works because it preserves capital in the chain (both theoretically and demonstrably) rather than eating it away and it explains a lot of things that anecdotal observations of market cycles just don't. https://bitcointalk.org/index.php?topic=421615.msg55538719#msg55538719Fork it.
I think DCG should just fork the code. One at 30% mining reward and the other at 70%. Then let the miners & market discover which priority is more valuable. It would be an amazing experiment and worthwhile because it would empirically prove one or other priority as viable with market endorsement. https://bitcointalk.org/index.php?topic=421615.msg54776524#msg54776524What I find discomforting about this whole philosophy is that you all seem to be looking for an exit pump. Desperate to get out and not interested in the long term health and growth of the coin. https://bitcointalk.org/index.php?topic=421615.msg55584265#msg55584265 |
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Regarding the reallocation, you are in some kind of denial state, kicking and screaming, while the vote has already been counted and the results already implemented and just waiting to be fully switched on. Sound familiar? I wonder who will concede first? You or Trump?
I had the same thought Looking at how toknormal has been behaving so far (willing to fork Dash, claiming Dash is in a death spiral, constantly presenting his own assumptions as facts, accusing everyone who is still invested in Dash and being positive about Dash future, to be part of some orchestrated exit pump) and currently is still behaving, i think the chance is high that Trump concede first. Maybe this is all a side-effect of toknormal being on hunger strike  Not really a ringing endorsement is it. Two weeks stuck below 80% threshold and still not over it.
I'm one of the foot-draggers. I'm protesting. I'll let my node go off the network before upgrading. Hunger strike. By the way, it looks like that last tweet from the official Dash Twitter account towards masternode operators to update to v0.16.0.1 ASAP, has really helped :  Source : https://www.dashninja.pl/deterministic-masternodes.htmlI expect active masternodes on v0.16.0.1 to be at 80%, by tomorrow. The masternode operators just needed a little push. Spork 21 will be activated 17th of November 2020, three days to go. After spork 21 gets activated, masternodes on older versions will start to get PoSe scored and ultimately PoSe banned from the network. |
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It is not meant to change our emission schedule, it is meant to circumvent the side-effects of that emission schedule. Well since it involves signalling to the market that we no longer value mining there's about as much logic in that as taking the engine out of your car so it's lighter going uphill. Needs to be re-thought & reversed IMO. That is not going to happen, at some point you will have to come to terms with that. It has been discussed on all our public forums, voted upon in our governance system, approved and majority supported by what seems to be both miners and masternode operators. |
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This path is not meant to get us to a possible pump, it is meant to get us to a situation of less price volatility during future Dash bull markets and Dash bear markets. It has to do with Dash supply and Dash (still rather high) supply inflation percentage
coming from Dash emission rate schedule, and trying to circumvent the side-effects of that high supply inflation over a long period of time, by making masternodes more attractive to invest in, which will hopefully have an impact on Dash (still expanding) supply. Well it's a clueless strategy because is isn't going to change our emission schedule. It is not meant to change our emission schedule, it is meant to circumvent/dampen the negative side-effects of that emission schedule. Changing our emission schedule is like breaking a social contract with the Dash community. That is the last thing anyone should want. |
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I think it lasted only a day, then a completely different toknormal emerged. Can we please have the normal and nice toknormal back ?
I am nice and thought it only common courtesy to congratulate the proposers on it passing the vote even if I didn't agree with the policy. However, numbers are numbers. My issue isn't with DCG - they were given a job to do and are doing it. It's with the community who need to see that this path is folly, there can be no other way of putting it. Throwing half the supply down the toilet when other coins use it to strengthen their scarcity and therefore price is Kamikaze policy and we'll suffer for it. Sure we might get a pump but the higher it goes the less sustainable it will be and since we're already supporting 5000 nodes at enormous expense before it's even started I don't expect it to get anywhere near where it might do if we made more sensible use of the coin supply. This path is not meant to get us to a possible pump, it is meant to get us to a situation of less extreme price volatility during future Dash bull markets and Dash bear markets. It has to do with Dash supply and Dash still rather high supply inflation percentage (6.8%) coming from Dash emission rate schedule, and trying to circumvent the side-effects of that high supply inflation of 6.8% coming years, by making masternodes more attractive to invest in. Which will hopefully have an impact on Dash still expanding supply. Supply Inflation: Dash 6.79% (12 week inflation) Litecoin 4.00% (12 week inflation) Bitcoin Cash 1.74% (12 week inflation) Bitcoin 1.78% (12 week inflation) Monero 1.78% (it is actually lower then Bitcoin inflation, but i don't have an exact percentage --> https://ethereumworldnews.com/moneros-xmr-inflation-rate-bitcoins/) Source : https://terminal.bytetree.com/ |
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So far Ryan Taylor's plan to improve Dash Store of Value...seems to work as intended already. What planet are you living on ? you all seem to be looking for an exit pump. Desperate to get out and not interested in the long term health and growth of the coin I am living on a planet where miners and mining pools fully support Dash blockreward re-allocation change, where masternodes just established a new ATH and where the Dash price against fiat has been very stable for many many months, during a very strong Bitcoin bull market. I live on a planet where currently most Altcoins are pretty much in the same situation as Dash, they also got to deal with a price decline of Dash magnitude. They just seem to handle the price decline a lot better then some of us. Dash price (almost as stable as a stable coin  )  Source : tradingview.com Altcoins Price Performance (by comparing each Altcoin with their % down from ATH)  Source : messari.io The only one in here looking for an exit pump, seems to be you. You mentioned your intention to sell at first big pump a few times now. I agree with jdmcg, next time please take some profit or go sell at first big pump, i don't care anymore. I wonder what happened with this guy, he came across as so normal and nice : Congratulations to those who supported the DCG proposal for block reward re-allocation and to Ryan for getting his policy endorsed with such a wide margin.
I hope it delivers the objectives you anticipate.
I think it lasted only a day, then a completely different toknormal emerged. Can we please have the normal and nice toknormal back ? |
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No, just miners and mining pools most likely seeing the bigger picture. We have already seen an increase in our number of active masternodes, that recently led to a new ATH (5007). Link : http://178.254.23.111/~pub/masternode_count.pngThose new masternode operators most likely anticipated the upcoming change in Dash blockrewards (miners rewards -9% and masternodes rewards +9% over 4.5 years) and were responsible for buying up a part of Dash circulating supply, in order to setup these new masternodes. Which may have caused reduced sell pressure on the Dash market. So far Ryan Taylor's plan to improve Dash Store of Value by making masternodes more attractive to invest in, while at the same time addressing Dash expanding circulating supply problem (high supply inflation) for the next 5 years, seems to work as intended already. There is zero evidence of miners also setting up masternodes and zero evidence that a centralized masternode/miner combo is somehow responsible for the brutal 2 year long Dash bearmarket and the price decline that came with it. A brutal 2 year long bear market and price decline that of course not only hit Dash, but hit pretty much all the Altcoins. There is just a whole lot of assuming, blaming, wild accusations and opinions from certain people being thrown around in here, as usual. |
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i hold 20 dash from 2018 and i don't think in sell, but other week i have see Binance Earn, pay 7.39% yearly (for lend my dash for 30 days) and 9.11% for lend for 60 day.
Anybody use this service, i think is really a good opportunity to have at least a minimum profit from my dash
If you are talking about locked savings / lending, i feel confidant that the percentages could be worth it. I am not so sure about locked staking, i need to do some more research there. Locked Savings : https://www.binance.com/en/lending#lending-fixeddeposits --> https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcbLocked Staking : https://www.binance.com/en/pos --> https://academy.binance.com/en/articles/what-is-stakingBelow explains why certain duration options (or all duration options or even specific crypto coins) with locked savings / lending are unavailable sometimes : Subscriptions will close on a certain product once the maximum limit is reached.
Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management. Source : https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb-DASH-Added-to-Customizable-Locked-Savings-on-BinanceI have a feeling that the locked savings / lending option are at times less available to users, then the locked staking option. Also i am not totally sure anymore about the max amount to stake with locked staking. I thought i saw 50 Dash as max amount to stake with earlier, but more recent i saw 500 Dash as max amount to stake with. Maybe i saw it wrong before, or maybe Binance raised the max amount of Dash to stake with. Just be aware that having funds on an exchange for a long time poses risks. Although Binance is a very large internationally operating exchange, that should by now have good security against hackers. |
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toknormal : confuses his personal assumptions about competitive mining (which he often accompany with decorative pictures), for facts. They are not. They are just assumptions that have big holes in them.
I consider his assumptions invalid and going directly against everything this Dash crypto project stands for. He made a number of negative comments about Dash, with the latest that Dash price is in a death spiral
and not in a bear market.
thunderjet : his posts consists of nothing more then baseless assumptions, missing any evidence that points to miners somehow also being involved with masternodes. His posts are unsubstantiated and contain little value.
He made a number of negative comments about Dash (Dash coin wealth distribution would somehow be centralized without providing any evidence, just personal opinions and assumptions).
He is not even invested in Dash (80 Dash in 2017 and sold) and stated that the Dash price is getting dumped to oblivion, due to centralization.
The market is directly contradicting what these two persons assume about the Dash market and the Dash price. Whenever the Dash market is showing signs of moving out of the bear market, then just think of these two persons and how very wrong they really were with their market assumptions and opinions.
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Such overwhelming support from miners for v0.16.0 (which includes the blockreward allocation change to improve Dash Store of Value and address our problem with Dash Circulating Supply still having a relatively high inflation percentage coming years).  Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (V16.0 Adoption) 100% support, does that not just warm your heart ? It sure warms mine Also it does not happen that often, that miners update faster then masternode operators. Talking about masternode operators, we currently have 79.3% of the masternodes on latest version and the total number of active masternodes are still pretty close to ATH (4979 of 5007).  Source : https://www.dashninja.pl/deterministic-masternodes.htmlhttp://178.254.23.111/~pub/masternode_count.png Pretty soon we will be one, once more. Without any unintentional forks like with Ethereum today (which endangered user funds, took down a majority of DeFi applications and caused Binance to pause Ethereum trading) Link : https://www.coindesk.com/ethereums-hard-fork-disruptionSoft/Hard Forks vs. 'Sporks': Evan Duffield Explains How Dash is Different https://www.youtube.com/watch?v=rp-ebgbgK-MReleased Nov 2, 2016 (time sure flies by fast and a lot has changed since then, but the Dash sporks in essence have remained pretty much the same) |
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Crypto Exchange Platform ShapeShift Delists Privacy Coins Monero, Zcash and Dash to Reduce Regulatory Risk https://coincodex.com/article/9912/crypto-exchange-platform-shapeshift-delists-privacy-coins-monero-zcash-and-dash-to-reduce-regulatory-risk/* ShapeShift has delisted privacy coins Monero, Dash and Zcash
* According to the company's chief legal officer, the exchange is trying to reduce regulatory risk
* ShapeShift's move is unusual since US regulators haven't been cracking down on privacy coins Monero is available for trading on Kraken, while Coinbase and Gemini users have access to Zcash. Gemini even received approval from the NYDFS to offer shielded (private) Zcash withdrawals to its clients.
Dash, which is generally not perceived as a privacy coin in the crypto community, is listed on several platforms. This starts to feel like one step forward, two steps backward. |
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Looks like Dash price performance (95,41% price down from ATH) has become slightly better then IOTA (95,47% price down from ATH). Dash still has a lot of catching up to do with other crypto coins. Polkadot, Monero and Filecoin not doing so well. Polkadot got dumped ever since they implemented their redenomination, Monero turned bearish recentely and Filecoin is not having a good day i guess. Bitcoin close at breaking into the $16,000 range (currently at $15,920). I wonder when FOMO starts to kick-in with Bitcoin. My family already heard about Bitcoin price rise, so the hype is definitely spreading to regular news outlets.  Source : messari.io  Source : tradingview.com It isn't a "bear cycle" it's a death spiral
Yep, totally a death spiral, no question about it  toknormal and his 'statements' Looks like a trend change is occurring on the monthly MACD. Will it provide stronger positive momentum and a price turning point ? Stay tuned.... The moving average convergence divergence (MACD) indicator is one of the most common tools investors and traders use to try to spot trend changes—the holy grail of the markets.
The MACD measures a stock's momentum and can aid investors in spotting shifts in that momentum that may betray price turning points. Source : https://www.investopedia.com/articles/trading/09/spotting-trend-reversals-macd.asp |
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Too many baseless assumptions, too few facts.
One from a person who has a history of presenting his assumptions as facts, the other from a person making assumptions that just make no sense at all.
One from a person that thinks that the Dash price is in a death spiral, the other from a person that thinks that the Dash price will be dumped to oblivion.
One from a person still invested but regretting it and planning to sell during first big pump, the other from a person who sold his 80 Dash long long ago.
They sure provide good company to each other, with their Dash negativity.
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Monero "BADCACA" - XMR Tracking Project (with user's porn preferences) https://bitcointalk.org/index.php?topic=5286887.0I have been logging Monero transactions for over a year now. Main reason why I decided to go public are blatant lies that there is nothing to worry about Chiphertrace and that Monero is private.
If you are prepared to sit though an 8 hour lecture on how broken Monero is, you will see that even they admit it. However that's obviously a small percentage of people they sell Monero to. Monero was never a real privacy coin. Multiple problems that Ciphertrace is currently exploiting were reported to Monero project in 2016 and remain unfixed since. To draw attention to the issue
I will publish transactions, IP addresses and porn preferences of 100 "lucky" Monero users every day. Dahaa better check if he is not one of those 100 ''lucky'' Monero users |
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