DASH Collapsing Monero UP

[Febo]

Any idea when Dash will be out of the top 10? I believe their development team have lost focus and now cannot catch up with Monero. They also shifted their strategy and want to become a legitimate payment platform. But how can they compete with the giant bitcoin?

No Idea, but DASH has far more functionality than BTC.

The Instamine will always show its ugly head from time to time and will be a hard thing for DASH to ever permanently brush away.

I think that its flawed however to think that its an advantage to be based on BTC code and even incorporate their updates into their wallet.
The whole "compatibility" thing is just a way to attract those who are into Bitcoin to look at a "quality" altcoin perhaps?

Either way, any blockchain technology can be made mainstream and used as a payment processor etc.

Always better to think outside the square and use fresh code.

The Dash got strong development team. One owner owns quite a lot of Dash, so he wants to see it succeed.

Yes but he also then owns masternodes, so he also owns the anonymity in DASH.

[1714853015]

1714853015

[1714853015]

1714853015

[1714853015]

1714853015

[bbc.reporter]

I have a question. Can the master nodes also be viewed as an internal mixer of Dash coins? Or is the function something more? I have always been curious about this.

[iCEBREAKER]

Hmm, it appears Evan's Gate cultists are reporting my posts warning of the fraud their community pushes on gullible noobs.

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

it seems my dash buddies have left bitcointalk 

anyway when dash price plummets and then realize they need bitcoin users again to fuel their shitcoin. they will come back here 

I love reading the tragicomic "Budget Proposal" threads at Dashtalk.   

Yes, yes good DashHoles; bicker over the Free Shit which Evan Scamfield's magical printing press drops from the heavens, as is proper for and expected from a cargo cult.

They make it clear nobody has any idea WTF Dash is supposed to be or trying to do.  Soda machines?  Over-entitled grifter buses?  LOOL!!!

As Dash flounders, such desperate flailing intensifies.  At least we no longer have to endure toknormal and tante making shit up to justify their clueless 'Hurr-durr Dash privacy is better than Monero's Because Muh Reasons!' blathering.

Fiat gateways?  LOL, so Evan can cash out his Instamine directly to USD without messing with BTC?  Oh sure, that'll be popular with bagholders.

Liquidity incentives, so Dash's hilariously atrocious multi-day mixing times will be less obvious to naive noobs?  OK, that'll pass easily.

TheDashGuy's DigitalTrash marketing scam?  Nope.  Only a liar and thief like TDG could bridge the animosity between the XMR and Dash communities, bringing them together to condemn his (mutually offending) assclown antics.

It's remarkable that BigR, after engaging for many months, decided to Ignore me around the time Monero's market cap exceeded Dash's.  I'm sure that's just a coincidence and no butthurt was involved...   

Too bad whining to the mods can't help Dash.  Now that Monero has RingCT and a GUI, it's pretty much over for that instamined shitcoin.

[andyste]

monero new rising beutiful coin
good community is big ,good volume transaction is high
i think can batle with ethereum and litecoin to second placed cypto coin under bitcoin

[iCEBREAKER]

monero new rising beutiful coin
good community is big ,good volume transaction is high
i think can batle with ethereum and litecoin to second placed cypto coin under bitcoin

Monero just passed Dash again.

I love it when that happens and savor each occasion, as we never know when it may be the last one!   

[nzminer]

When Dark Silk comes online, it will replace DASH's position.

Its going to be far more secure and make it alot more fair for those wanting a masternode. 

[Palider]

When Dark Silk comes online, it will replace DASH's position.

Its going to be far more secure and make it alot more fair for those wanting a masternode. 

How about the ZCash? That is also an anonymous coin and could be used in the dark net in the future.

[Febo]

When Dark Silk comes online, it will replace DASH's position.

Its going to be far more secure and make it alot more fair for those wanting a masternode. 

How about the ZCash? That is also an anonymous coin and could be used in the dark net in the future.

ZCash dont have masternodes as Dark Silk and DASH. Not sure if you read at all what you quoted.

[Fragbait]

Monero should start go UP Soon and DASH should start COLLAPSING Soon. Anytime now. I think.

[Fragbait]

Monero market cap falls below 100M. Where's the dev?

[RobinHoodster]

The fight for the no. 1 privacy coin is intriguing. Monero vs Dash. it would be very funny if a new coin like shadowcash would take off with he price.  Having said that both monero and dash are good coin and I hold them both.

[smoothie]

Monero market cap falls below 100M. Where's the dev?

Don't worry the dev will get on it soon to raise the marketcap.

He needs to write some code to accomplish this.

[ArticMine]

The fight for the no. 1 privacy coin is intriguing. Monero vs Dash. it would be very funny if a new coin like shadowcash would take off with he price.  Having said that both monero and dash are good coin and I hold them both.

Dash is partnering with a blockchain analytics company. Here are some links:

https://bitcointalk.org/index.php?topic=1634185.0
https://btcmanager.com/news/business/dash-partners-with-coinfirm-to-become-amlkyc-compliant/
https://btcmanager.com/news/coinfirm-delivers-regulatory-solutions-will-it-take-hold/
https://www.coinfirm.io/

I am posting this with no further comment.

Edit: Sample report from Coinfirm.io: https://www.coinfirm.io/bitcoin/aml/17Qn3TPZJ3MrpSg6qKaxZvqFCqiB99mKKE

Either Dash has done a radical u-turn here or something is really wrong. One possibility is Coinfirm is infringing on the Dash trademark by claiming a partnership that does not exist. In any case the kind of blockchain "analytics" that Coinfirm.io claims to do is for the most part useless from an AML/KNC perspective but can be very damaging to the fungibility, privacy and anonymity of legitimate crypto currency users that are engaged in perfectly legal activities. Kind of like testing US currency for say cocaine and then accusing the holder of said currency of drug trafficking etc.

I am very strong believer in innocent until proven guilty, so I have nothing but contempt for this kind of blockchain "analysis".  

[iCEBREAKER]

The fight for the no. 1 privacy coin is intriguing. Monero vs Dash. it would be very funny if a new coin like shadowcash would take off with he price.  Having said that both monero and dash are good coin and I hold them both.

Dash is partnering with a blockchain analytics company. Here are some links:

https://bitcointalk.org/index.php?topic=1634185.0
https://btcmanager.com/news/business/dash-partners-with-coinfirm-to-become-amlkyc-compliant/
https://btcmanager.com/news/coinfirm-delivers-regulatory-solutions-will-it-take-hold/
https://www.coinfirm.io/

I am posting this with no further comment.

Edit: Sample report from Coinfirm.io: https://www.coinfirm.io/bitcoin/aml/17Qn3TPZJ3MrpSg6qKaxZvqFCqiB99mKKE

Either Dash has done a radical u-turn here or something is really wrong. One possibility is Coinfirm is infringing on the Dash trademark by claiming a partnership that does not exist. In any case the kind of blockchain "analytics" that Coinfirm.io claims to do is for the most part useless from an AML/KNC perspective but can be very damaging to the fungibility, privacy and anonymity of legitimate crypto currency users that are engaged in perfectly legal activities. Kind of like testing US currency for say cocaine and then accusing the holder of said currency of drug trafficking etc.

I am very strong believer in innocent until proven guilty, so I have nothing but contempt for this kind of blockchain "analysis".  

LOL, who is going to break the bad news to the DickPillMill.com guys?   

I would imagine their customers might tend to desire privacy for their potentially embarrassing impotence remedies.

[ArticMine]

Ok here is a post confirming this partnership from the Dash side on Dash.org https://www.dash.org/news/dash-adds-full-support-for-amlkyc-compliance-with-coinfirm/

[iCEBREAKER]

Wow, Dash is really getting trashed these days, while Monero's future looks so bright I have to wear sunglasses.

If anyone is wondering why, here is a great explanation from a recovering Evan's Gate cultist:

I sold all my Dash. Here is why and my view on the state of Dash

The three killer features of Dash have issues:

1) Governance - This was an important idea and could have been very interesting. However, this governance model is unproven and thus far the results are lacking. It has been little more a grants system. The few large projects done with it have all been failures (PR, website design, ATM integration).

2) Fungibility / anonymity - Dash anonymity is severely flawed. People can just mix bitcoin if they want Dash-level anonymity. For people who want real anonymity they can use Monero, which is already has more network than Dash.

There is no market room for a transparent coin. The reason is because people who want public transactions can already use Fiat money. In fact, using a credit card they have protection in the case of not receiving goods, so there is negative incentive to use a crypto. For people who need to transact in a crypto and who also do not care about priivacy, they already have bitcoin.

3) InstantSend - This is a great feature, but other coins essentially have this feature due to lower block confirmation times or they outright have or are adding this feature. Dash has not gained from this feature nor will it because it has failed to gain network size before others implement the feature.

What about Evolution?

Evolution looks like an interesting concept. However, the development timeline is too far out. Look at how long 12.1 has taken to develop. It is far overdue according to timeline. The official Evolution timeline is about 18 months I believe. If that is the official timeline you have to imagine the actual timeline will be far longer. Let's say 2.5 years.

By that point I am not sure Dash will have any relevancy given the fast paced development of other coins.

The evolution white paper still has left the area blank that addresses better privacy / fungibility / anonymity. That is concerning.

Ouch.

[TechorMarketing]

As of today 1 DASH masternode (1000 DASH) can still be traded 1000 XMR.

Prediction:

After this month, there will never be another chance to exchange 1000 DASH for 1000 XMR. Quote me and laugh all you want. My reasoning is supported by recent GitHub activity of both DASH and XMR.

Can't read code? Join the next Monero developer meeting on IRC to hear the latest updates. Here are the logs from the last meeting.

[TechorMarketing]

Over the last month Monero has broken out over and held up at 0.003, while Darkcoin tested and failed to maintain 0.021.  

Since you started this thread, XMR has more than tripled in value which DASH has fallen nearly 50%. This trend is likely to continue based on:

1. Larger and more active XMR development team
2. Faster growth of XMR usage and trading volume
3. Extremely strong and always improving XMR protocol level privacy (as a default) based on sound cryptography

[Febo]

As of today 1 DASH masternode (1000 DASH) can still be traded 1000 XMR.

Prediction:

After this month, there will never be another chance to exchange 1000 DASH for 1000 XMR. Quote me and laugh all you want. My reasoning is supported by recent GitHub activity of both DASH and XMR.

Can't read code? Join the next Monero developer meeting on IRC to hear the latest updates. Here are the logs from the last meeting.

One month from now Mr.Fluffypony Chief Steward of Monero will be on vacations. So you think that will help the price?

[iCEBREAKER]

As of today 1 DASH masternode (1000 DASH) can still be traded 1000 XMR.

Prediction:

After this month, there will never be another chance to exchange 1000 DASH for 1000 XMR. Quote me and laugh all you want. My reasoning is supported by recent GitHub activity of both DASH and XMR.

Can't read code? Join the next Monero developer meeting on IRC to hear the latest updates. Here are the logs from the last meeting.

One month from now Mr.Fluffypony Chief Steward of Monero will be on vacations. So you think that will help the price?

As part of his vacation, Fluffy will be representing Monero at very high profile places/events like Coinbase, Bitcoin Wednesday, NABC, Satoshi Roundtable, etc.  That will help the price.

One month from now Monero should have RingCT and an Official GUI.  That will also help the price.

Meanwhile, the ancient BTC fork now called "Dash" grows increasingly obsolete as Bitcoin adds new features like RBF, segwit, Lightning, Rootstock, sidechains, MAST, etc.

The 18 month trend of Dash's market cap leaking into Monero's will continue and may even accelerate.