DASH Collapsing Monero UP

[americanpegasus]

Short Dash, long Monero.    
  
The Dash bubble will burst sooner rather than later and it will be the peasants left holding the bag.  You'll know the early adopters are hard cashing out to move to Monero once some long and thick red candles start plaguing the Dash charts.  
  
Like in Agar.io, we will quickly assimilate the wealth in that universe and continue onward.  Unlike Agar.io, there are substantial rewards for those who defect first vs. Continue to cooperate with a technically inferior system.  
  
Come on over, Dash supporters.  You will be welcomed with open arms.

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[smooth]

Short Dash, long Monero.    
  
The Dash bubble will burst sooner rather than later

Hard to say. "The markets can remain irrational longer than you can remain solvent."

[boolberry]

Short Dash, long Monero.    
  
The Dash bubble will burst sooner rather than later

Hard to say. "The markets can remain irrational longer than you can remain solvent."

I agree that XMR has infinitely superior long term prospects than DASH, but I cannot recommend shorting the the reason Smooth stated. Timing and desperation are difficult to predict. Even if DASH fails long term a desperate but wealthy bagholder could place a huge buy order at any time and potentially force margin calls on many people who are selling short.

Experienced traders are free to make their own decisions, but I have never shorted DASH and would never recommend anyone else do something I am not prepared to do myself. I believe DASH will fail but the risks from shorting remain great.

[americanpegasus]

Sorry, I didn't mean to imply that anyone should actually go short on Dash. 
 
That would be very irresponsible as who knows what short-term hype can be drummed up.  As well, just like the previous two said - a whale can move the price however they want at the moment.

[iCEBREAKER]

Another day, another 1000BTC of market cap leaking from Dash into Monero.

Of all the coins people want to GTFO of today, in preference of Monero, none can top Dash.

It's a good thing Dash spends its Otoh-controlled budget on soda machines and overpriced marketing instead of market-rate bug bounties, otherwise the Bad Crypto of Darksend and InstantX would already be broken.

[Palider]

Another day, another 1000BTC of market cap leaking from Dash into Monero.

Of all the coins people want to GTFO of today, in preference of Monero, none can top Dash.

It's a good thing Dash spends its Otoh-controlled budget on soda machines and overpriced marketing instead of market-rate bug bounties, otherwise the Bad Crypto of Darksend and InstantX would already be broken.

I do not care too much about money moving away from one coin to another. If the Monero price is low, I will buy some.

[americanpegasus]

I'm really looking forward to the inevitable "Ethereum collapsing Monero UP" topic.  Shall we say.... when it crashes below $8?  And Monero goes above $2?

[lolikop]

I'm really looking forward to the inevitable "Ethereum collapsing Monero UP" topic.  Shall we say.... when it crashes below $8?  And Monero goes above $2?

Soonero

[languagehasmeaning]

Soonero

Soonero

I like that word!

[canth]

I'm really looking forward to the inevitable "Ethereum collapsing Monero UP" topic.  Shall we say.... when it crashes below $8?  And Monero goes above $2?

Soonero

Careful. I think Butterfly Labs has the exclusive trademark on that word.

[The Sceptical Chymist]

Love it.  I haven't been following dash that long but I was surprised to see the first chart there. It's like 0.013 as I write this or something.   Hasn't exactly collapsed but it's lower. 

[iCEBREAKER]

Today is not a good day to be a DashHole.   

First, their attempt to surpass Maid as the #1 scam in crypto failed.  Dash's market cap was higher than Maid for like an hour, then went right back down to number two.

Then they tried to blame "Monero shills" for their instamined coin's crappy performance.

Too bad it was vertoe (ex-Darkcoin core dev, not affiliated with Monero), Peter Todd, and Greg Maxwell (BTC core devs, also not affiliated with Monero) who provided the most potent ammunition to use against the Evan's Gate cargo cult.

No wonder they are so enraged.  Just look at the amount of Epic Butthurt in this post.

To be fair and accurate, Peter Todd and Greg Maxwell (who provided some of the most devastating anti-Dash "FUD") are BTC core devs, not "shills."

To be actually fair and accurate, Eduardo, Hashfast-Scammer, deCastro using PITA Turd and Faggory MaxSell to push your pathetic shitcoin agenda is beyond ridiculous because we can instantly prove beyond any reasonable doubt that those dingleberries are both BUTTHURT beyond compare because DASH robbed them from their opportunities to brag and shine about shitty/flawed ideas they had.

Here's the evidence:

Greg Maxwell hates Dash because:

<gmaxwell> I already have a port of the bytecoin signature system to bitcoind... so I assume someone will do that.
<gmaxwell> (I'm not releasing it right now because all releasing it will do is cause a bunch of additional silly altcoins... created by people who couldn't even do the couple hours of work.
<gmaxwell> )

Clearly referring to (back then) DarkCoin and its superior CoinJoin implementation by Evan Duffield. Maxwell is shaking his fist like an angry old man because Evan took his imperfect and flawed idea (CoinJoin) and improved it in such a way to be actually useful for anonymous transactions (DarkSend). Saying he won't release source code in an open source project to avoid "silly altcoins" is the lamest excuse imaginable to hide his anger and fear that someone might take his idea. Silly child, he is really.

Peter Turd, the Hairy Potter faced villain of Bitcoin blocked me on Twitter (LOL) because I thanked him for his double spend attack on Coinbase because it was perfect marketing towards DASH's InstantX technology.
InstantX makes his retarded Replace-By-Fee rip-off scheme completely obsolete and that angers the shit out of him. That is why he called Dash snake oil without ever providing a single technical argument as to why.

As you can see, iCERAPER, your two toilet-seat icons here are the ones who are devastated. Not Dash.

Let's also not forget that these twats are among those choking Bitcoin to death by preventing a blocksize increase through manipulation, tyranny and censorship.

As for Dash being "respectable," vertoe debunked that self-serving community delusion when she quit being a Dash core dev.

HAHAHAHAHA! Vertoe? Still? The ridiculed CACHECOIN SCAMMER everyone despises? Are you in love with "her" because "she" is another scammer, like you?

If only we could somehow capture the astronomical amounts of poutrage in Macro's post, it would supply the world with unlimited energy!   

And here is the cherry on top.   

[iCEBREAKER]

Now that Lightning is being tested on Segnet4, there is no future for Dash's silly attempt to scale Layer 1 using Masternodes (especially when InstantX lacks the malleability fixes segwit provides).

Exmo   
Dash   

[Febo]

From last 2 posts is lovely seen there are daily mined like 4 times more Moneros then Dash. Monero emission decreased drastically in last 2 years. But I wonder exactly when it will get even.

Is funny the price is also 1:4

Generally all alts went up lately including Dash. But Monero doubled that since was way undervalued at beginning of the year.

[iCEBREAKER]

What a terrible week for poor D-ASH.

Every day Bitcoin enjoys advances in development as it finishes Layer 1 and prepares to start building Layer 2.

Meanwhile, D-ASH stagnates, with no plans to add modern features like SEGWIT, Lightning, RBF, CLTV/CSV, and sidechains.

In this state of decay, D-ASH will never be able to match the next wave of crypto magic, such as MAST.

The bizarre thing is how Evan's Gate cargo cult members struggle to rationalize D-ASH's technological dead end.

They know SEGWIT will enable Schnorr signatures, which are crucial for scaling blockchains using CoinJoin/Shuffle.

But when pressed, they pretend to be pleased with D-ASH's commitment to stay stuck in 2014-era Bitcoin technology.

Dash can't support sidechains or Lightning

I think thats the whole point.

Monero now has (at least) 7 types of gorgeous physical coins available.

Cryptonic makes unfunded silver, silver plated, and copper ones.

Lealana (smoothie) makes funded silver rounds in three different color schemes.

luigi1111 made his out of pure gold.

Too bad Finite By Design got so horribly fucked over by Evan Duffield, when F*D's physical Darkcoins became obsolete the instant THE DARKCOIN FOUNDATION INC. decided to try escaping their shady past using a sudden rebrand/pivot to D-ASH.

[iamnotback]

Meanwhile, D-ASH stagnates, with no plans to add modern features like SEGWIT, Lightning, RBF, CLTV/CSV, and sidechains.

In this state of decay, D-ASH will never be able to match the next wave of crypto magic, such as MAST.

They know SEGWIT will enable Schnorr signatures, which are crucial for scaling blockchains using CoinJoin/Shuffle.

Blockstream's tech is not very good:

https://bitcointalk.org/index.php?topic=1465136.msg15121943#msg15121943

They are just leading us toward centralization and enslavement:

https://bitcointalk.org/index.php?topic=1505252.msg15144755#msg15144755

[iCEBREAKER]

Monero is gaining fresh GUI and RingCT code.  Dash is losing Armory wallet support.

Still "No Comment" from Duffield about if Dash will ever support versionbits, CLTV/CSV, SEGWIT, MAST, RBF, sidechains, Lightning/payment channels, etc.

We should start counting how many BIPs Dash has fallen behind...   


The predictable market reaction:

[iCEBREAKER]

[Raja_MBZ]

Monero could be the next target of GPU miners, after ethereum. GPU miners may turn to Monero after the difficulty of ethereum goes out of control of graphic cards resulting in more expensive electric bills than the mined ethereum. That'd definitely boost the cost of this coin even more.

[Febo]

Monero could be the next target of GPU miners, after ethereum. GPU miners may turn to Monero after the difficulty of ethereum goes out of control of graphic cards resulting in more expensive electric bills than the mined ethereum. That'd definitely boost the cost of this coin even more.

Not only GPU but also CPU miners.