[DASH] Dash Price and Trade Discussion Thread

[ManualMiner]

How much do you guys make trading DASH?

[qwizzie]

How much do you guys make trading DASH?

i dont day-trade, i just buy Dash untill i have gathered enough collateral (1000 Dash) to setup another masternode.

http://178.254.18.153/~pub/Darkcoin/masternodes.html



edit : i also have a feeling i would suck at daytrading 

[qwizzie]

It has been awhile since i last posted a Dash chart, so here is one from Poloniex : https://cryptowat.ch/poloniex/dashbtc/4hr



Dash seems to be moving side-ways in the 0.0068 - 0.0071 range  

Market Depth at Poloniex : http://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

[gusterdd]

Dash trend  is downward now.
need several weeks to change upward.
Dash transation is very small camparing to bitcoin.
Marketing the DASH  is important   to increase the transation number
one method is air drop or discoint by dash coin at comercial site in buying some product.


http://imgur.com/BoYV6J8

[qwizzie]

Looks like Dash is now catching some upward wind after someone dumped some Dash, making it temp. drop to 0.0062

https://cryptowat.ch/poloniex/dashbtc/4hr


http://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1


Resistant little thing, isn't she ?  

The number of masternodes has reached a new ATH today by the way : 3409
(http://178.254.18.153/~pub/masternode_count)
This tells us that a lot of the Dash currently bought on the market are put directly in new masternodes.

Which brings us to an important question : what will happen when the block rewards for both miners and masternodes will get lower over time (as planned with Dash's yearly 7% cut on block rewards)
and by then most of the Dash is put aside as collateral ? (remember that 1000 Dash is needed as collateral to run a masternode)

Answer : scarcity

Scarcity (also called paucity) is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive resources to
fulfill all human wants and needs.

Next question : how will scarcity impact price ?


 

[DrkLvr_]

The number of masternodes has reached a new ATH today by the way : 3409
(http://178.254.18.153/~pub/masternode_count)
This tells us that a lot of the Dash currently bought on the market are put directly in new masternodes.


 

There are roughly 6 million DASH in current supply, yet only 3,409,000 in masternodes.

What makes you think "a lot of the Dash currently bought on the market are put directly in new masterndes" vs old supply going into masternodes?

Do you have any facts to back up your statement?

Resistant little thing, isn't she ?  

Not really. You call a 74% loss in BTC terms since March 2015 "resistant"? Congratulations on your incredible success at turning 1 BTC into 0.26 BTC  

Do you always try to polish turds or only when you stand to gain financially?  

[qwizzie]

Time for humans equals limited amount and is valuable.
Energy for humans equals limited amount and is valuable.

For me personally replying to known trolls (check their posting history), is wasting time and energy.
In general i dont like to waste my time and energy.

[qwizzie]

Dash volume traded on exchanges : https://www.cryptocompare.com/coins/dash/analysis/BTC



it is still a bit shocking to see Cryptsy ending up with such low Dash trades / volume, also i'm not sure if they still have Dash withdrawal
problems or if they (Cryptsy) fixed it.



low Dash traded volume these last few weeks in general ...

[iCEBREAKER]

https://www.coingecko.com/en



Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

[qwizzie]

https://www.coingecko.com/en

Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

I didn't know anyone is still using the coingecko site as point of reference, most use coinmarketcap these days
as that site shows a far more clear and objective picture. I actually deleted my shortcut to Coingecko a few months ago
as they have a pretty weird system of "points"   

http://coinmarketcap.com/


With regards to Dash github commits versus your own coin github commits, do you really want to go there ?
Maybe we should compare the Dash commits over this last year with your own coin ? We can do that if you want..

Results will be pretty predictable though as Dash has been heavily developed over this last year and is working this
last 4 weeks on the next large update named Evolution which is still in internal phase and therefore of course not visible
on github yet.

Nice try though..

 

[qwizzie]

Lets take a look at the top 10 cryptocurrencies on Coinmarketcap longterm and try to see what they all have in common :

http://imgur.com/a/1BoPH

The name-rebranding had no impact on our current marketcap position (Dash is still firmly settled at 5th / 6th position), its just when Bitcoin goes
down it pretty much drag all the altcoins down with it and when Bitcoin rises again it will at some level drain the altcoins too.

Key to escape this drag and drain is focussing on research and development of your own cryptocurrency, make its unique abilities strong or stronger
and try to set it apart from the rest of the altcoins.
 

  

[iCEBREAKER]

https://www.coingecko.com/en

Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

I didn't know anyone is still using the coingecko site as point of reference, most use coinmarketcap these days
as that site shows a far more clear and objective picture. I actually deleted my shortcut to Coingecko a few months ago
as they have a pretty weird system of "points"   

With regards to Dash github commits versus your own coin github commits, do you really want to go there ?
Maybe we should compare the Dash commits over this last year with your own coin ? We can do that if you want..

Results will be pretty predictable though as Dash has been heavily developed over this last year and is working this
last 4 weeks on the next large update named Evolution which is still in internal phase and therefore of course not visible
on github yet.

"Internal phase?"

Legit FOSS is done entirely on github.  What kind of shitty project is developed in secret?  I mean, besides XC and Dash?

Gecko's points are automatically assigned based on objective criteria, such as github commits.

The only reason you think they are "pretty weird" is your butthurt over Dash being ranked as inferior to Monero.

LOL, delete your bookmark; that'll show 'em!!!

[qwizzie]

https://www.coingecko.com/en

Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

I didn't know anyone is still using the coingecko site as point of reference, most use coinmarketcap these days
as that site shows a far more clear and objective picture. I actually deleted my shortcut to Coingecko a few months ago
as they have a pretty weird system of "points"  

With regards to Dash github commits versus your own coin github commits, do you really want to go there ?
Maybe we should compare the Dash commits over this last year with your own coin ? We can do that if you want..

Results will be pretty predictable though as Dash has been heavily developed over this last year and is working this
last 4 weeks on the next large update named Evolution which is still in internal phase and therefore of course not visible
on github yet.

"Internal phase?"

What kind of shitty project is developed in secret?  I mean, besides XC and Dash?

tjeez, i dont know .. uhm.. Google ? Apple ?  Microsoft ? Actually pretty much any company that is developing a product and are still in development stage and have competition to think about ...  

and with regards to coingecko, i think i deleted my shortcut after i found out that site gives Litecoin 74 developer points.... Litecoin of all coins.... unbelieveable.

Charlie Lee: “Litecoin Does Not Need Development Right Now”

Definetely a weird points system.

[POM]

Forgive me for my ignorance, but can someone guide me to a HOW TO guide on setting up a masternode?

Thanks 

[qwizzie]

Forgive me for my ignorance, but can someone guide me to a HOW TO guide on setting up a masternode?

Thanks  

https://dashtalk.org/forums/masternode-guides.66/

(i would go with Tao's guide first, lots of detailed explanation)

[POM]

Forgive me for my ignorance, but can someone guide me to a HOW TO guide on setting up a masternode?

Thanks  

https://dashtalk.org/forums/masternode-guides.66/

(i would go with Tao's guide first, lots of detailed explanation)

Thank you! exactly what i was looking for 

[iCEBREAKER]

https://www.coingecko.com/en

Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

I didn't know anyone is still using the coingecko site as point of reference, most use coinmarketcap these days
as that site shows a far more clear and objective picture. I actually deleted my shortcut to Coingecko a few months ago
as they have a pretty weird system of "points"  

With regards to Dash github commits versus your own coin github commits, do you really want to go there ?
Maybe we should compare the Dash commits over this last year with your own coin ? We can do that if you want..

Results will be pretty predictable though as Dash has been heavily developed over this last year and is working this
last 4 weeks on the next large update named Evolution which is still in internal phase and therefore of course not visible
on github yet.

"Internal phase?"

What kind of shitty project is developed in secret?  I mean, besides XC and Dash?

tjeez, i dont know .. uhm.. Google ? Apple ?  Microsoft ? Actually pretty much any company that is developing a product and are still in development stage and have competition to think about ...  

and with regards to coingecko, i think i deleted my shortcut after i found out that site gives Litecoin 74 developer points.... Litecoin of all coins.... unbelieveable.

Charlie Lee: “Litecoin Does Not Need Development Right Now”

Definetely a weird points system.

Hey fuckwit, Gecko doesn't "give" developer points.  Gecko's dev point scores are *EARNED* (NOT "GIVEN") based on objective measures:

Source Code Repository Activity

CoinGecko tracks the development activity of the coins via public source code repositories. The reason why we are looking at this is that some coins are no longer maintained by the developer thus those coins would appear very unlikely to progress over time. By looking at how much interest and effort goes around the development community, there is a chance that the coin will continue to innovate according to how the cryptocurrency market sees fit. (eg. Github, Bitbucket, etc.)

There is nothing "weird" or "unbelievable" about ^^that.

We know you are butthurt because Dash's Top Secret Closed Source BS doesn't count, no matter how much hand-wavey Evolusham code is supposedly being written.  And you are confusing companies (Google/Microsoft) with specific software projects.  If we wanted to trust closed source crap with our money, we'd use ApplePay.

Whining about coblee does nothing to make Dash look better, that's just more cheap deflection.

[qwizzie]

Your welcome POM


Some info that could explain why Dash took such nose-dive in price



The good thing of it all is that it seems to have actually excellerated the number of active masternodes and it will be interesting to
see how this continues price-wise, now that we know the cause and see immediate sell pressure has decreased.

http://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

[iCEBREAKER]

Another day, another drop for Dash:



#R3KT

[qwizzie]

Another day, another drop for Dash:


#R3KT

Thanks iCEY, someone did a poll recentely that showed that appearently all publicity is good publicity for Dash (61.5%)
so i appreciate your support in this thread.