p.s Don't worry your secret is still safe (that you hold Dash)  Shhhh |
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p.s Don't worry your secret is still safe (that you hold Dash) |
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Dash is more anonymous and private than Monero because with dash you see the coins mixed.
with Monero you see nothing Amen to that. One of the most succinctly stated distinctions between a store of value and a worthless payment rail I've seen. In blockchains: • transparency...is what makes them valuable • fungibility...is what makes them private That's why these two need to be decoupled so that they can be optimised independently of each other. It's also why Dash's privacy model constitutes a far more valuable token than one where you simply bury the entire blockchain under a layer of thick, syrupy encryption that gives cover to corruption and lets "wounds" go septic long before they're even known about. The "SSL" of crypto: Ok for momentary transfers but potentially toxic for storing value. Yes things like this can be happening an noone knows, or maybe some dev like fluffy pony might know know what I mean https://www.cryptocoinsnews.com/cryptonote-currency-bug-allowed-creation-unlimited-number-coins/Transparency is vital for trust, Monero has none. Look at the trust needed for genesis of zcash. Its the same. Big problem for privacy coins. |
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Heres my chart  Note this is log scale. I have marked a large bull channel and a more recent steeper bull channel. Neither of these is yet breached. Bitcoin may test the bottom of that steep channel at roughly $2.5K. That is the strongest area I'd look for confirmation the bull is still active. Although bitcoin could fall below that, and arguably still be in a wider bull mode while it stays above the lower trendline of the larger channel. As far as those rising channels go, bitcoin looks like it may just be correcting after too many steep rises. There is also a negative divergence on RSI and price marked with blue lines (not the vertical halving blue lines). This would normally be bearish sign. However this also happened at lower levels (blue dotted lines) and then price exploded higher instead of dropping (which caught me out) Negative divergence shows might be start of bearish trend. There is a lot of fake news and banker shilling, from like of Jamie Dimon and China, perhaps they are trying to turn the tide. I am sure if this was precious metals they would also be selling in huge volume naked shorts on the futures markets. Thanks to crypto they can't do that too. Hehe. As long as bankers continue to fear bitcoin, the happier I am. |
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But I am just criticizing it's privacy technology, which is very weak in my opinion.
Well, crack it and claim the bounty. Should be simple really. I can't. But just because I can't that doesnt mean that an adversary with sufficient resources can't. Somebody who taps all ISP's can easily deanonimize Dash, and it doesn't even have to be a Government. I can even be a 3rd party company that works with the ISP, who can then sell that data in the black market. Dash is not anonymous, I have done my research on it, you should too. Is this what you come up with after toknormals previous post? Oh dear. Yes I'm sure it is 'easy' to tap 'all' ISPs. And just as easy to then unscamble Dash coin mixing. Or if you are a 3rd party one ISP is enough? Almost trivial really. Thanks for your concern which I've noted. |
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Watching this drop is so painful. Do you guys recommend sell and buy back lower or hold?
i think it is too late to sell (do not fall in the trap and be felt behind) Yes when you get a strong feeling to sell its generally time to resist that urge or even buy. Similar when it is going up and you want to buy more. Thats when you should actually be selling. Easy to say, not easy to do sometimes though. |
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Yeah HODL
and maybe trade some on peaks and dips
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Compared to the days gone by when bitcoin was a lot cheaper 2000 is a lot. At one time you could spend thousands of bitcoin on a pizza. In the future, who knows?
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Sometimes when i take a step back and looks at things, it feels totally insane to buy an internet token over 4000 dollars  It feels totally insane to buy one Bitcoin for only 4000 Fed tokens! Fed tokens aren't what they used to be |
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When kwuckduck posts doom is that time to buy?
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But I am just criticizing it's privacy technology, which is very weak in my opinion.
Well, crack it and claim the bounty. Should be simple really. |
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Monero vs. Dash I have completed my analysis on Dash and Monero on the privacy aspect, basically the 2 only currencies that are even worth analysing, the others are really not even worth my time. I have wrote this lengthy, but throrough article about the subject, the Dash community might find it interesting: https://steemit.com/cryptocurrency/@profitgenerator/dash-vs-moneroI agreed with the article as far as zcash and bitcoin were concerned but struggled to go far into the Dash assessment and didn't reach the Monero part. Your 'research' entailed a chat with someone on this thread. That is no research at all. Frankly I have better things to do with my time. Maybe if I had persisted and managed to read more I might have found some real research, I'll never know. But I do know that noone has yet broken Dash coin mixing, as far as I know there is a significant bounty for someone who does. Like you I also tried Dash and Monero when I first got interested in anonymity. My experiences with Monero were extremely disappointing and I feel I gave it much more than a fair shot. The full node was flaky and I couldn't run it. There was not even a graphical wallet, only a website. Dash versus Monero is no contest. I have concluded that Monero offers nothing for me. This is in total contrast to my experience of Dash. |
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I see a lot of people on this thread like to hate on IOTA. I find it silly. I own all of iota, byteball and rayblocks and really hope all of them succeed in their own way. Let's all be friends!
How come IOTA has much bigger market cap than byteball ? |
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Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more
Well I took the plunge and put an order using the exchange bot (byte-BTC). I'd like to know a bit more about the inner workings, if anyone can provide a link or something would appreciate. In any case, to use is quite simple you put in a buy order and then it gives you a bitcoin address to fund. I assume it is trustworthy? Once that receives two confirmations your order is added to the book. I'm not sure why there is a limit of 0.2 BTC ? Sometimes might be nice to go higher than that. There doesn't appear to be much volume or liquidity to speak of but hopefully that might improve in time. In general I think bytecoin could do with being available on a few bigger exchanges, are there any plans in that regard? There appears to be NO volume on that exchange bot. At least nothing happening I can discern in 2 days that I've looked into it.  |
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i find it laughable some people dismissed the BCH fork pre-hardfork
but yet, continue to hold it till now anticipating higher prices
if you are one of these people and have the audacity to continue dismissing BCH, you are a fraud, a sellout. go look in the mirror
I think BCH will surprise us all! Bitcoin with Segwit can never be the original bitcoin.
BCH just needs a decent number of miners to spread out the mining distribution. thats it! it is more closer to the original bitcoin than Bitsegwit
ha ha!
Similar to my thoughts bro. I'm keeping my segwit coins not because segwit coins are the real bitcoin, but they will be pumped by powerful interests and have managed to hijack the bitcoin name. However even if Craig Wright is not Satoshi or part of team Satoshi. It is obvious which side of the fork is closer to Satoshis original intent. At no time did he ever mention going down second layer/ offchain route. |
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Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more
Well I took the plunge and put an order using the exchange bot (byte-BTC). I'd like to know a bit more about the inner workings, if anyone can provide a link or something would appreciate. In any case, to use is quite simple you put in a buy order and then it gives you a bitcoin address to fund. I assume it is trustworthy? Once that receives two confirmations your order is added to the book. I'm not sure why there is a limit of 0.2 BTC ? Sometimes might be nice to go higher than that. There doesn't appear to be much volume or liquidity to speak of but hopefully that might improve in time. In general I think bytecoin could do with being available on a few bigger exchanges, are there any plans in that regard? |
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Noobish question but how does the exchange bot work? Say I want to buy some gbyte with bitcoin. How do i 'deposit' my bitcoin into the bot? I'm not used to decentralised exchanges and would like to understand more
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What timescale do you look for crossover on?
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