Dashcurex looks sweet, trying to start some volume over there. I'm currently selling 171 DASH for under market value in case anyone's interested. Let's start showing this Dash-only exchange some love... https://dashcurex.com/buysellview/?market=BTC |
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Something tells me this dip will be very short lived..
What dip? I don't watch the short term price when a project is as promising as this one...  |
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The system is working as designed. When a Masternode holder wishes to cash out, he may sell his/her coins on the open market. The buyer of those coins may set up a Masternode of their own and get a say in the DGBB. So, the masternodes are being sold to different individuals, but the total amount of Masternodes is remaining constant.
A very healthy sign, to be sure. This way, the project can be self sustainable, not relying on any one group of stewards to move forward. And volume picks up creating more liquidity for people who want to get into Dash.
With added demand from education and marketing, the price has nowhere to go but up. Private, fast Digital Cash will always be in demand around the world.
The price can move anywhere it wants, up or down, remember markets can remain irrational longer than one can remain solvent. The important thing is long term the project is taking firm steps forward, with a clear vision of what it wants to do and now with a mechanism that allows to actually act in the real world to get there. The team and the community are committed, I would say the team spirits have never been so positive as they are now. Evan is committed long term and the next round of innovation will take this project to the next level. Agreed. Exciting times. |
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Before you guys go any further with this, it WAS Otoh who placed that order: In case anyone feels like a few USD   |
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The system is working as designed. When a Masternode holder wishes to cash out, he may sell his/her coins on the open market. The buyer of those coins may set up a Masternode of their own and get a say in the DGBB. So, the masternodes are being sold to different individuals, but the total amount of Masternodes is remaining constant.
A very healthy sign, to be sure. This way, the project can be self sustainable, not relying on any one group of stewards to move forward. And volume picks up creating more liquidity for people who want to get into Dash.
With added demand from education and marketing, the price has nowhere to go but up. Private, fast Digital Cash will always be in demand around the world.
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Dash's NBT (Next Big Thing) will be revealed 7th of october 2015 and appearently consists of a juicy 50 pages of whitepaper.
Exciting times ahead...
Actually this paper is quite special and we're going to release this the correct way. This is going to be huge  I don't get it IceShitter, you call DASH a scam and you sir are quite clearly are a scammer yourself! Ironic don't you think?
The true irony is knowing about this project so early in it's life and not seeing what is right in front of you. That's going to sting in five years... Well said, oh captain my captain! |
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It appears, that according to the good folks at Bitcoinwisdom, DRK/DASH, the fifth largest marketcap in crypto, simply doesn't exist!
What a joke that website is.
I think, not sure, the Bitcoinwisdom webdev went AWOL. Since DRK changed to Dash, most API got changed and never updated, that's why the old links still exist, but are simply stalled.  |
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It appears, that according to the good folks at Bitcoinwisdom, DRK/DASH, the fifth largest marketcap in crypto, simply doesn't exist! What a joke that website is.  |
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Fine, I don't know which comment was yours, but I just barked. Doubt it helps.
I don't see myself as a hero because what I'm doing is self-interested: I don't want to live in a world where there's no privacy and therefore no room for intellectual exploration and creativity.
Edward Snowden
When ghetto living seems normal, you have no shame, no privacy.
Malcolm X
Relying on the government to protect your privacy is like asking a peeping tom to install your window blinds.
John Perry Barlow
You have to fight for your privacy or you lose it.
Eric Schmidt
Great quotes! https://twitter.com/taoofsatoshi/status/638650512167051264 |
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Some comparisons of DASH vs Bitcoin metrics for those interested. Thanks to Sub-Ether for the TAO ratios. Note that the two most meaningful numbers here are the blockchain growth and TAO as these affect usability and bandwidth.
I would bet the TAO ratio is more dependent on internet speed. The blockchain download speed of 1MB/S is about 8Mbps. That approaches the entry level 8Mbps or 10Mbps speed offered by ISPs and could be the limiting factor in updating.
DASH Metrics DASH Bitcoin
Average Transaction Size 1 0.85 KB
Average Transactions per Day 1500 110000 Transactions/Day
Blockchain Size 1.4 47 GB
Blockchain Growth 1.5 93.5 MB/Day
Blockchain Update Speed/hr blocktime(TAO) 0.15 4.14 Sec/Hr
Blockchain Download Speed 0.417 0.941 MB/Sec
I agree there is a cut off point 'entry level' for ISP speed, the bitcoin one is much higher than Dash of course, but instantX negates a high bandwidth requirement altogether, as proved by me doing instantX transactions on an android phone that has a bandwidth of a dial up network equivalent (not a full client of course, but at ~1.2 gigabyte, it is still possible on a mobile) Actually whether you are using a solid state drive or magnetic makes quite a difference for bitcoin (not much for lightweight Dash, btw) as there is a hell a lot of data to be processed with big blocks and 47 gig total, and my HDD reference machine is down atm unfortunately to cross reference it (worn it out, mining, going to try some new capacitors on mobo, lol). For updating, I barely use 5% of a 100 meg bandwidth connection even for bitcoin, what is more likely the network and the seed nodes are too slow to keep up with the client, this is the reaction time and quality factor that I was trying to model with Tao. The usability and Tao ratio upto the maximum of 1 megabyte full blocks could be something like this, doesn't matter if its a 8 megabyte block either, as a full block always means a flat line, no more transactions can be sent! y = tanh(x)  My ratio gets more impressive by the day... |
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On checking one of my bitcoin addresses today on blockchain.info, I noticed a transaction where an address labelled as X-BITCOINS.com had deposited 0.0001 BTC in the address. Does anyone know what this is ? (The amount was transferred into my address, not out of). Is it some kind of spam advertising thing ? The transaction seems to have been triggered by me doing balance lookups on that address on web based block explorers. EDIT: I found this which seems to answer my question. https://www.reddit.com/r/BitcoinMarkets/comments/1yykgz/someone_sent_me_0001_btc_last_night_looking_at/Strange that, its not from rogue transaction charges or spurious change addresses from bitstamp somehow is it? You did give me an idea, as it had happened 4 times in 1 yr to someone it might all be worth collecting in a large bucket of receiving addresses. set the key pool > 1,000,000 and generate all the addresses (using a loop preferably) and then simply sit and wait for free spam payments to roll in, although be prepared to wait sometime before cashing out. LOL! If anyone would try that it would be you... Sorry to break up the OT, but it appears someone dropped six Masternodes onto Cryptsy and barely budged the price. Are people giving up on installing V12 and dumping? It's not that hard... |
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While updating the Tao ratio, I noticed the laws of physics are not being obeyed (i.e. size of blockchain has grown by 5 months but the download is quicker) 27th March,2015 : Total Dash blockchain (v0.11.2.10) = 42 minutes 28th August,2015 : Total Dash blockchain (0.12.0.49) = 35 minutes and 2 seconds Download time improvement from Dash (v0.11.2.10) to Dash (v0.12.0.49) = +16.6 % I just gotta redo the timings just to make sure the Tao ratio is what it appears to be, because hard to believe That's Dash, its efficiency kicking butt and taking names! Tweeted to my followers... https://twitter.com/taoofsatoshi/status/637576753465176064 |
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It would appear that someone with two Masternodes has cast their vote against Evan's proposal on Cryptsy.... |
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I've built an update script for 32/64bit linux masternode owners. It pulls and installs directly from dashpay.io distributed tarballs. I may support compiling at some point. First version, but it seems reasonably well behaved. Let me know if you run into any bugs and I'll push fixes.  https://github.com/moocowmoo/dashmanI'll add more utilities over time, this is just a starting point. Thank you so much for this! With this update script and SuperPutty, my MN updating schedule just got 90% freed up! Sweet.... |
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Chinese markets down 8%. Crypto a safe haven? |
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Can't shake the feeling were on the verge of something huge here - it won't happen overnight, but the fundamentals are shifting. I was thinking about this on the way home from a quick errand this evening. How does one quantify the impact of a self-funded monetary unit? This is some seriously groundbreaking stuff, I can't think of anything like it - ever. The best way I can wrap my head around it is (1.01)^x where 1 is the base value and the 0.01 is the added value from increased development. With a Market Cap around 20m the impact will be slow... with a Market Cap of 200m can you imagine the proposals that could be funded? Move this up to a bitcoin-level market cap and it's jaw dropping. Best is yet to come, can't wait to see how this develops  Great post. This is a guy who gets it (not to mention a good UI dev). The snowball, while initially slow, will grow exponentially with development. Blockchain funds ==> Development/Marketing ==> Higher MarketCap/Increased Blockchain funds ==> Increased development/Marketing... and so on and so on. The people here, other than the trolls, get it. Dash is so much more than a privacy oriented coin now. We are only in competition with ourselves, trying to create a better and better Digital Cash, out of government control and in the hands of the people. Enjoy the ride! |
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I initially ignored all trolling. Then I became annoyed with their constant immature badgering, and attempted to counter that with logic. How stupid of me. For these guys, it doesn't matter what the facts are, they are constantly trying to push buttons in an attempt to bring us down. But, they really are wasting their time here, and it's showing.
Now, I just enjoy the antics of the sideshow clowns. They really are good at what they do, I must say. Their target, this Dash ANN thread is just a hangout for enthusiasts, ideas and announcements from the team. They may succeed at swaying the opinion of the individuals who don't bother to do their due diligence reading their stupidity. Unfortunately for the sideshow clowns, the Dash community members who don't hang out here all the time such as myself are very good at what they do as well, talking and interacting with real investors who do do their due diligence and realize the value of what we are working on here. History will judge who is the better crypto, with real-world usage, not posts on a message board.
We have a group of uber-commited devs working on this project, and improving it all the time. We have a group of committed grassroots PR volunteers who are getting the word out there daily. When the Decentralized Governance by Blockchain (V12) comes online, there really is not going to be anything standing in our way to create the perfect Digital Cash, market it as such, and create new businesses on top of the Masternode network.
It really is entertaining to see the creativity of the sideshow clowns, but at the end of the day, it is just roadkill on the highway trying to block an 18 wheeler from getting by. Please, don't give these people any more satisfaction of riling you up. I suggest to unignore them, enjoy the creativity, and be secure in the knowledge that they are not making the slightest iota of difference to this project.
I now return you to your regularly scheduled trolling. Take it away, iCEBREAKER!
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