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Bitcoin might not be number 1 forever. It is too slow to adapt. However I think bitcoin will stay big and find its niche. There are alts worth looking at which are showing genuine innovation, amongst all the copycat shitcoins. Some of these may have huge futures ahead of them.
Having said that this is the time to be in bitcoin, alts usually bottom while bitcoin takes off but then they rise faster once they get going.
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Hyena, its a very early call but I have similar feelings in my guts. there will be a few shakeouts on the way however. The bull will try to shake people off.
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Didn't know window 7 has been patched to do similar? (although should have guessed) are there ways within windows 7 to switch that off or you have to use 3rd party tool. trouble with that spybot thing is how to know its not malware ? |
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Smooth. You say you own some Dash, then you must think there are good points. Care to name any?
I only own a small amount at the moment, so I wouldn't represent my holdings a serious investment position. Asking about good points is a fair question, though. In no particular order: Releases tend to, you know, get released. The last major release was a significant upgrade and seemed to have relatively few roll out problems. That speaks to the ability of the team to deliver. It has low inflation, so in a weak market (one driven more by supply considerations than consistent demand) on might expect less price weakness from dumping of new supply than otherwise. I'm not sure about this though, as one can look to something like Nxt which has zero inflation and has still performed terribly, and Dash hasn't retained value all that well either. Nxt lacks Dash's structural incentive to hold though so that may make a difference (you can stake, but the rewards are negligible). The InstantX system, while flawed, is like most "zero conf" systems in that is sufficient for casual transitions, and is deployed. If there were actually a lot of routine commerce going on with Dash that would be very nice. There isn't, but the feature being there means one obstacle has been removed. Likewise Darksend is also not perfect, but again for a degree of casual privacy it exists and mostly works. This could until recently be viewed as a clear improvement on Bitcoin, although JoinMarket has come on the scene and is probably about as good as Darksend (which is to say both are flawed, but the flaws are different), so I'm not sure this is true any more. Darksend is still a bit more mature, as JoinMarket hasn't been integrated into any wallets yet, though I do expect that to happen. In general, I don't like the idea of investing in what is basically a one-man asset, but as leaders go, Evan seems to do a good job and I would rate his day-to-day leadership as apparently favorable (I don't see everything "behind the scenes" of course so I can't say absolutely this is true). I think Dash would do well to develop a broader team of visible people with both leadership and technical skills though. The idea of (large) coin holders voting to allocate a budget is worth experimenting with. It has a high market cap ranking which has its own value in terms of visibility. As a hedge it may be mathematically worth owning some even if you don't think it will succeed (though you do need to believe there is at least some change it will appreciate in value, which I do). There aren't really any other vehicles with directly comparable properties. Thanks for sharing some positives smooth. I'd also add the new budget system and governance as things I like myself |
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I understand a dead cat bounce is the small rise after a huge sudden crash. This is nothing at all like a dead cat bounce
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Smooth. You say you own some Dash, then you must think there are good points. Care to name any?
I can see why people call you a troll you are constantly bringing the conversation to instamine and now the opening post which according to some wierd rule you have dreamt up it cannot be edited.
Its seems like you are not really here for conversation but intent on dragging this thread down.
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Hi Afrikoin, just noticed your old requests for gold and bitcoin on same chart. Sorry didn't spot that at the time, haven't been frequenting the speculation forums that much lately. Heres one, gold on top, bitcoin below if its still of interest for you..  It looks a bit like they went in inverse of each other for a while and now are kind of copying direction.  When you look at them as a ratio you see that bitcoins moves are much greater than gold, so that the ratio looks very similar to bitcion priced in $us Heres a ratio chart  Bitcoin trying to break up through a channel at the moment, relative to gold. To stay in the channel gold will have to rise too, or bitcoin rise to end somewhere here .. |
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I just wish they'd focus on their own project and leave us alone. I'd actually take an interest in Monero if the supposed "devs" (and once again, I'm using that term ever so loosely) actually focused on their work and quit trolling.
Yup I find the Monero presence in this thread to be very negative. Far from leading me to Monero these actions are putting me off. |
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Heres a look at a Dash chart from the Cryptowatch website using data from the Poloniex exchange. Chart is showing all Dash vs Bitcoin data available with 1 week candles.  https://cryptowat.ch/poloniex/dashbtcAt the moment selling volume appears to be growing and price is falling steeply. Could it be Dash is near capitulation for this bear move ? Although the technical picture looks quite grim with most uptrending lines now broken a falling wedge can be considered a bullish sign. Dash is looking oversold in relation to bollinger bands and RSI. Dash can remain bearish for a while yet but if bitcoin goes parabolic, dash (and other alts) may go like bitcoin on steroids. |
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Well this seems pretty solid   What caused that big dip in masternodes in Aug/Sept ? |
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Dash falling under high volume, looks like bottom might be near
Some people are desperate to get into bitcoin and maximise their fiat gains before the next dump. Stamp is nearly back at $300. Looks like a bit of panic buying going on - haven't seen liquidity get moped up so fast for a long time. What's going on ? Funny I'm considering going the other way and exchange some bitcoin for dash |
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Dash falling under high volume, looks like bottom might be near
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For first ever time I've put some people on ignore.. ah I have to say ... it really is better without icebreaker, yourmother and adamwhite.
smoothie I don't believe you troll but i do wonder why your obsession hanging around here tho, but its all good.
I am a fan of anonymity and privacy and was naturally lead to the likes of Dash and Monero because of this. So far I view Dash as the best in this space. Innovation in Dash is exceptional I'm seeing things no other coin is doing. With Monero I have a few doubts, is it a clone of bytecoin or does it bring new stuff too? Anyway to me Monero seems a bit stuck, I couldn't even manage to run a node as it kept crashing my router and last time I looked the last binaries were very old. Compiling latest version didn't help me either. Maybe when it matures a bit it'll be a better prospect.
Anyway I don't want to start a flame war but since so many monero fans inhabit this forum thought it might be fun to have a comparison of the two.
Perhaps I'll buy some Monero when I finally know how to hold it off exchange. At the moment I'm thinking more along lines of buying more Dash though.
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People here know about the instamine, we know there were 500 coins per block at the launch. We know it is claimed this was a bug. We know there were 33% of the coins mined in the initial few days/weeks. It is good that this is in the open and this may quite rightly put some people off. But going back to this again and again and again and again in circles is just plain annoying.
Yes it was a huge instamine! Monero enthusiasts have very successfully highlighted that. Has it not occurred to them or can they not accept that most of the people interested in Dash have assimilated that knowledge and are ok with it? I wasn't there in the beginning reaping thousands of Dash yet here I am, happy to be involved, and happy to have a development team who have incentive and talent to continue amazing work with this very promising technology.
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Ah for a brief moment monero and dash speculators were united chatting about speculation, before the instamine trolling resumed.
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at least judging by the price.. Good qualification, because if you'd judged by volume you'd see that nobody is dumping. No, not at all. It's quite the buying frenzy out there. Yes... BUYING!!!! at low prices... I assume you've never taken any college level history or economic classes. When there is blood in the streets, buy buy buy, and let all the weak idiots lose their ass. Yes might be time to buy soon, as usual I'm already in too early, i'm waiting to see how low this bear move goes might go in more .. |
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Just been catching up with this thread, I see trolling is in overdrive again. Unlike some people I never block the trolls but at times it is very laborious going through that rubbish. I wonder if the monero forum is full of dash trolls ?
So you say Dash is a scam and instamined. Am I to believe you are here day after day out of the goodness of your hearts to save us from the scam?
I take the trolling as a kind of contrarian indicator, the more trolling the better the coin. Trolls wouldn't waste time on a coin which is doomed.
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Otah wtf! why you hold so much on cryptsy? Hope you get it back. but seriously take the lesson don't trust exchanges. withdraw straightaway, not when everyone is rushing for the exit
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Sure, but it is kind of strange how they all seem to support the same project. So whatever technological merits monero might have, they are (to my mind at least) cancelled out by the fact that the project seems to attract sociopaths in great numbers You're not the only one who's noticed that. The subtle common factor amongst many of them - either implicitly or explicitly - is a mindset that believes in the supremacy of technology over the human. Here's a backgrounder, straight from one of its own staff members: https://bitcointalk.org/index.php?topic=971275.0Why do you think they bang on about 'math' so much and dismiss the need for public accountability in blockchains. Worship of academic prowess over practical endeavour. Immunity to humour etc. It's a ( cult) mindset and it has infected this whole sector of bitcointalk. (It's also, by the way, what informs and fuels their hatred of the 'instamine' because that was a human failing - a kind of intolerable breach of a sacred technological 'rule'). Nowhere amongst all the technological sabre rattling is there ever any sober analysis of money a' la Antonopolis. i.e. as a sociological phenomenon. They think this is nothing more than a race for technological supremacy. In fact money is historically a low tech, sociological, messy, complex concept as I've been trying to express over a few hundred thread pages. Expecting acknowledgement of that fact from the 'techo-cult', though would be like asking Count Dracula to dine on a meal of baked garlic and shallots with aioli served up on a platter blessed by the Holy Father himself. As I say, I'm not accusing everyone of being consciously signed up 'cult' members, but the ones that aren't who we regularly run into sure are unconscious subscribers to that mindset as illustrated by deranged posts such as this. Funnily, in an interesting bit of "rabbit hole" trivia, there is a sci-fi culture/genre known as " Cyberpunk" which is loosely associated with transhumanism by many. One term originating in this genre (created by William Gibson in the Novel ' Neuromancer') to do with hacking into protected networks is " Intrusion Countermeasures Electronics" (ICE). In Neuromancer, a piece of software designed to break through such ICE's is known as, (surprise) an ICEbreaker.  In fact, a bit like what this bit of software does....  As it happens, the company that built and marketed that software was started by a certain personality, well known on BCT who would later go on to do even "greater" things at a company called "Hashfast". Just a co-incidence, of course.  If your post was about or even mentioned Dash it would be on-topic. But it does not, so it isn't. Why don't you help your cargo cult with Duff-splaining Dash's massive instamine, instead of discussing irrelevant personalities and biographies? This is very interesting topic, much more so than the constant instamine yammering |
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Thanks  |
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