tuapoma (OP)
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August 10, 2018, 05:49:24 PM |
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Dash Core Group Inc. Q2 2018 Summary Call Dash Core Group Inc. quarterly call to present project progress made during Q2 2018, summarize Core Team activities and answer community questions. https://youtu.be/Nyz5JhUrkzU
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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August 14, 2018, 01:13:02 AM |
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Sorry but there's not enough Dash in the Treasury budget to cover Core Group Inc's massive monthly overhead (fancy offices, $6,000/month salary * 60 employees, fancy NYC PR schmuck contractors, lawyers paid to pretend the SEC likes Dash's Masternode HYIP Ponzi scheme, and of course HR for critical "culture mapping" duties). Please explain how you think this crappy (no milestones, laughably optimistic deadlines) roadmap is going to be paid for with Dash value and tx/day plummeting. Haven't you noticed the #DashCivilWar going on between Team Core Clique, Team Kuva, Team DACH, and the few MNOs honest enough to call out the endless scams and failures rubber-stamped by the Inner Circle's 100s of insta-mined Masternodes? Too bad the Dash Inner Circle is turning on each other as their favorite scams run out of funding, leaving them to fight over the scraps. Why do you only post cheerleader pump crap in the thread but never have the honesty and integrity to admit you've been wrongly predicting a Dash bull market for this entire year? How much does Dash pay you to shillflood BTCT and Reddit with endless Dash marketing? Are you going to stop when they stop paying you? Because that's going to happen soon. Better put in a resume at McDonalds and get ready to cry with the rest of the Wojak plebs... Dash Dash monthly USD request now exceeds 100% of available monthly dash
DCG requested $935k in USD funding for this month ($600k+$210k+$125k). Looking at dash price right now (~$150) means that had dash price been $150 when they submitted the proposals, they would have needed ~6,233 dash (101%) to fund those proposals in their entirety.
DCG has already said (noted in their current tax proposal) that if they come up short on tax funds, they will pull funds from legal, yet didnt include that caviet in the legal proposal for some reason. So if you are a MNO voting yes for legal and no for tax, you might want to read the fine print as that $125k for legal will just be used for taxes.
Also, at current dash price, DCG is not going to be able to meet full compensation funding for current round of funding. Where are they going to pull those funds from? How are they going to make up any liabilities that are created from borrowing funds from different areas? Can they pull funds from other areas without a MN vote? Is DCG going to continue to try to request $600k per month to create a compensation buffer?
The handling of the price decline has been handled extremely poorly. Who should bare responsibility? It does not look like anyone. That does not instill confidence in investors.
Also, what happens next month if dash is still at or below $150? Lets look at the numbers and what we know about DCG run rate and tax liabilities. DCG compensation for $455k is 3033 dash at $150. Tax liability of $90k is another 600 dash at $150. This means that the absolute minimum request from DCG for next month budget with dash at $150 will be 3633 dash, or 60% of budget with no buffer. If dash is at $100, DCG will need 5,450 dash or (89%).
Will Ryan directly addresses this? Probably not. He should have already come out and said that effective immediately he would be not taking salary until dash price recovers and/or expenses are under control with a solid forward looking operational plan. #rekt
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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tuapoma (OP)
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August 14, 2018, 01:51:47 AM |
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Hey iCEBREAKER, Ryan Taylor joined Dash Core Group in 2016 and has been CEO of the company since last year. Prior to Dash, he used to work as a hedge fund analyst at a $20 billion investment firm based in New York, which is why he has such insights into the traditional financial world. Rayan Taylor believes that uncertainty over regulatory sentiment is what holding back many business from either providing services or accepting payments in digital assets. “Regulators will eventually catch up and provide businesses with the guidance they need to gain comfort with it,” he said. hey ice, please do not forget; Mr. Ryan Taylor in an interview with Profit & Loss, explained why Dash, in a market that has over 2,000 cryptocurrencies, stands out. He said it has a long history of innovation and one that shaped the industry is the masternodes. He said: "We were also the first with instant transactions and the first to market with a privacy feature. Additionally, we introduced as part of the protocol governance, explicit governance on the basis of voting - not on the basis of someone's hash rate - from people who are staked in the coin," Taylor told P&L. "We also introduced self-funding, making us the first cryptocurrency that's wasn’t funded through an ICO. I believe we're also going to be the first to market with a truly, username-based system that can be logged into from anywhere," he added. iCEBREAKER, you have to be fair!! Dash was the pioneer in bringing payments industry's practices to the crypto industry which was otherwise dominated by mathematicians and computer science geeks.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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August 14, 2018, 02:00:58 AM |
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Get Ready For Take Off! 🚀🚀🚀 The @Dashpay roadmap is here! The #Dash Core team is pushing hard to deliver these awesome new additions! 2019 is going to be the year of $DASH. 🏆💪🤩 True financial freedom!
#DashShill #PaidPumper #AstroturfFaggot
Sorry but there's not enough Dash in the Treasury budget to cover Core Group Inc's massive monthly overhead (fancy offices, $6,000/month salary * 60 employees, fancy NYC PR schmuck contractors, lawyers paid to pretend the SEC likes Dash's Masternode HYIP Ponzi scheme, and of course HR for critical "culture mapping" duties). Please explain how you think this crappy (no milestones, laughably optimistic deadlines) roadmap is going to be paid for with Dash value and tx/day plummeting. #rektHey iCEBREAKER, Ryan Taylor joined Dash Core Group in 2016 and has been CEO of the company since last year. Prior to Dash, he used to work as a hedge fund analyst at a $20 billion investment firm based in New York, which is why he has such insights into the traditional financial world. Rayan Taylor believes that uncertainty over regulatory sentiment is what holding back many business from either providing services or accepting payments in digital assets. “Regulators will eventually catch up and provide businesses with the guidance they need to gain comfort with it,” he said. hey ice, please do not forget; Mr. Ryan Taylor in an interview with Profit & Loss, explained why Dash, in a market that has over 2,000 cryptocurrencies, stands out. He said it has a long history of innovation and one that shaped the industry is the masternodes. He said: "We were also the first with instant transactions and the first to market with a privacy feature. Additionally, we introduced as part of the protocol governance, explicit governance on the basis of voting - not on the basis of someone's hash rate - from people who are staked in the coin," Taylor told P&L. "We also introduced self-funding, making us the first cryptocurrency that's wasn’t funded through an ICO. I believe we're also going to be the first to market with a truly, username-based system that can be logged into from anywhere," he added. iCEBREAKER, you have to be fair!! Dash was the pioneer in bringing payments industry's practices to the crypto industry which was otherwise dominated by mathematicians and computer science geeks. You didn't answer the question of how to pay for following the new Dash Roadmap when Dash Core is in a budget shortfall and can't pay their taxes/bills/salaries/lawyers/contractors/rent/misc. overhead. Is Mr. Ryan Taylor going to stop taking a salary because he truly believes in the project with all his heart? Or is Mr. Ryan Taylor going to pull the money required to keep Core going and complete the roadmap out of his magical ass? Does Mr. Ryan Taylor have a golden donkey that shits Dash, or are you just avoiding the uncomfortable question of how Core's funding crisis effects the roadmap you posted about?"True financial freedom?" LOL Dash Core can't even pay its own bills and has no business making these BS promises to anyone else. Go be a shill somewhere else!
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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tuapoma (OP)
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August 14, 2018, 01:51:49 PM |
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hey iCE! There is no funding crisis in the DASH Roadmap!!!! Are you crazy!!??!!! Ryan Taylor joined Dash Core Group in 2016 when 1 DASH was worth less than 10$. The DASH community will never have a financial crisis, the Masternode idea is the great idea of the crypto business! The Masternode idea saved the crypto business! Hey iCE, please do not forget, Bitcoin, ETH, BCH, XRP, ADA, EOS, XML, LTC, XMR, iota, TRX... are not the best assets to live a crypto-ETF era. DASH is the best option!
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tuapoma (OP)
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August 16, 2018, 02:57:22 AM |
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tuapoma (OP)
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August 16, 2018, 11:50:41 AM |
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Wowzers! The @Dashpay Masternode count reached an all time high today 4908! Look at that jump up in volume! Like a rocket! 🚀 This is serious folks. Smart money is flowing in to $Dash Masternodes! (1 Masternode = 1000 #Dash) 🏆💪🚀 https://twitter.com/StayDashy/status/1030030822357823488
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lovemsngr
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August 20, 2018, 03:21:28 PM |
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How Does Dash's DAO Work? | DASH: Detailed What is a 'decentralized autonomous organization,' how does Dash's work, what does it do, and who can join? You might be surprised at the answers. Join Amanda B. Johnson on this second episode of DASH: Detailed. watch on youtube: https://youtu.be/b_hVTRoUrjwThank you for the video and all the other videos. In crypto, we should learn all the time and people like you help us swim and thrive in murky waters.
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tuapoma (OP)
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August 21, 2018, 04:12:15 PM |
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New merchants are added to DiscoverDash daily. The speed of Dash adoption in Venezuela in particular has been remarkable. Since start of August we've had 534 new merchants with 351 in Venezuela taking total listing count to 2,325! 🏆💪🚀 FinTech Cryptocurrency https://twitter.com/StayDashy/status/1031882438853713921
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tuapoma (OP)
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August 22, 2018, 01:16:59 PM |
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tuapoma (OP)
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August 23, 2018, 01:19:59 AM |
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Dash Nexus - The Future Of Dash Governance Demo! Video interview with Jeff and Yuri from Dash Nexus project. https://youtu.be/-o-tMBnD07w
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