[DASH] Dash Price and Trade Discussion Thread [UNMODERATED]

[qwizzie]

http://coinmarketcap.com/currencies/dash/#markets


https://poloniex.com/exchange#XMR_DASH


Well guys, you may have paid a somewhat premium price to get into Dash ($13.04), but you made it !
Welcome to Dash and enjoy the ride  

[gusterdd]

Current Dash volume is large.
Some price event would occur to Dash.
But current price is too high. Then..    drop?      jump again?
 
volume : 4,000,000 usd

[coinling]

Seems like the volume was a lot of fake:
https://www.reddit.com/r/BitcoinMarkets/comments/5oe3r6/xbtce_blatantly_volumizing/

Coinmarket just removed the xBTCe volume.

[qwizzie]

Seems like the volume was a lot of fake:
https://www.reddit.com/r/BitcoinMarkets/comments/5oe3r6/xbtce_blatantly_volumizing/

Coinmarket just removed the xBTCe volume.

Actually coinmarket removed all volume of exchanges that have "no trading fees / other"

http://coinmarketcap.com/currencies/bitcoin/#markets

        


Removing exchanges like Huobi, BTCC and OKCoin in the process. Thats just crazy if you ask me.
Personally i think Coinmarketcap went overboard with this.

 

[coinling]

Seems like the volume was a lot of fake:
https://www.reddit.com/r/BitcoinMarkets/comments/5oe3r6/xbtce_blatantly_volumizing/

Coinmarket just removed the xBTCe volume.

Actually coinmarket removed all exchanges that have "no trading fees / other"

http://coinmarketcap.com/currencies/bitcoin/#markets

        


Removing exchanges like Huobi, BTCC and OKCoin in the process. Thats just crazy if you ask me.
Personally i think Coinmarketcap went overboard with this.

 

Thats old news. Chinese exchanges have never been under the "real" volume on coinmarketcap.

BUt xBTCe has just been removed today. And it seems like on this site is some suspicious action.

[qwizzie]

Thats old news. Chinese exchanges have never been under the "real" volume on coinmarketcap.

BUt xBTCe has just been removed today. And it seems like on this site is some suspicious action.

Well, that is new to me and it does make coinmarketcap more unreliable in my eyes if such large exchanges like Huobi, BTCC and OKCoin
get totally ignored with regards to volume. It makes it much more difficult to keep track on whats going on in China (where 85% of the Bitcoin trade occurs).

With regards to xBTCe, it is not just Dash that gets hit by this .. it also impacts all these markets as well in xBTCe, as they are all getting excluded now with their volume :

http://coinmarketcap.com/exchanges/xbtce/


It is an interesting development nonetheless.

[iCEBREAKER]

Seems like the volume was a lot of fake:
https://www.reddit.com/r/BitcoinMarkets/comments/5oe3r6/xbtce_blatantly_volumizing/

Coinmarket just removed the xBTCe volume.

LOL stupid DashHoles.  We tried to warn them it was (obviously, unless you drink Evan's Kool-Aid) fake volume; they refused to listen and called us trolls.  

[gusterdd]

Seems like the volume was a lot of fake:
https://www.reddit.com/r/BitcoinMarkets/comments/5oe3r6/xbtce_blatantly_volumizing/

Coinmarket just removed the xBTCe volume.

LOL stupid DashHoles.  We tried to warn them it was (obviously, unless you drink Evan's Kool-Aid) fake volume; they refused to listen and called up trolls.  

Dash volume is 1,500,000 USD
This is normal level.
4,000,000 USD was xBTCe fake contribution.  
Monero power up to 30$,3rd markek capitalization again and pull dash under LTC...  
Wake up Monero again.

[qwizzie]

And the rise continues ...

4H Time Interval


1W Time Interval


Dont you all just love it, i know i do

[gusterdd]

And the rise continues ...

4H Time Interval

1W Time Interval

Dont you all just love it, i know i do

Monero,Dash order
similar pattern
Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern

[jackshephard]

And the rise continues ...

4H Time Interval

1W Time Interval

Dont you all just love it, i know i do

Monero,Dash order
similar pattern
Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern

it's still rising though? Guess these include those selling at extremely high prices?

Anyway that graph doesn't look good or sustainable, but otherwise DASH seems to be doing rather good on value these past few days.

[gusterdd]

And the rise continues ...

4H Time Interval

1W Time Interval

Dont you all just love it, i know i do

Monero,Dash order
similar pattern
Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern

it's still rising though? Guess these include those selling at extremely high prices?

Anyway that graph doesn't look good or sustainable, but otherwise DASH seems to be doing rather good on value these past few days.

Demand, Supply part include extremely low,high prices.
I suggested a method to weight that value, but newbium developer didn't adjust extreme prices.
But extreme order don't change for long time.

[OrangeP]

And the rise continues ...

4H Time Interval

1W Time Interval

Dont you all just love it, i know i do

Monero,Dash order
similar pattern
Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern

Beautiful chart. Yet it doesn't mean shit .
There is no pattern that predicts price movement given the order book data.

[gusterdd]

so thats great if your stash worth 10x or more from initial investment. however   your investment today would worth 50% more if you bought  Dash when the price was at par with monero.

i guess monero competition is not against the fiat money

heh... so monero is set to destroy other crypto at any cost ? because... "currency competition point of view"  

Some of my Moneros are worth more than 10 x from the initial purchase price, some significiantly less... I actually have bought some coins at 0.018-0.02 level as well. Not too many though.
Overall, the profit is hundreds of percents (average purchase price is sub 0.003).
That being said, bear in mind I do not own that many Moneros as some might think, my position is relatively small - I should have gone all-in Monero around 1 year ago, and prefertably leverage myself from toe to the teeth but that is just after math.

Monero competition is not against fiat - I agree. It is against Dark coin. Bitcoin is combatting against fiat money and it has done pretty good job recently. However, I am a bit against too trollish approach to Dark coin community because I bet no determined Dark bagholder will buy into Monero thanks to trolling... I might be wrong though. The correct approach would be perhaps more intelligent...?

Monero competition is not against fiat - I agree. It is against Dark coin. Bitcoin is combatting against fiat money and it has done pretty good job recently.

Monero has technical advantage comparing other coin.
Monero : competition to bitcoin and anonymous coins.

Dash is combatting with bitcoin and fiat money.
Monero and Dash is targeting other area now. Monero succeed in his aim.
Dark bagholder will buy more Monero,  If  monero technologiest make gentle troll.

He is keeping bumping dash, it is good side, he doesn't need to work because he got wealth from monero, i hope he will blow his monero money in one day, so he will not troll dash any more.

he doesn't need to work because he got wealth from monero, i hope he will blow his monero money in one day,
 <== My hope,___ this would be fact, because Monero big Pumpping.

[thepo1m]

The competition between Dash and Monero has been going for some time and I believe it is good for the space and development of each projects. For me it all depends on the tech and marketing side of each project, if they can find a balance and  any of this team is able to develop a suitable scaling solution for their project it will be great

[qwizzie]

The competition between Dash and Monero has been going for some time and I believe it is good for the space and development of each projects. For me it all depends on the tech and marketing side of each project, if they can find a balance and  any of this team is able to develop a suitable scaling solution for their project it will be great

For Dash the scaling solution has been the implementation of its second tier network some time ago, which is approaching maturity now :



First Tier : Proof of Work --> Miners
Second Tier : Proof of Service --> Masternodes

The second tier can be forced to have hardware upgrades if the network demands that. Say for example the masternodes need a better minimal cpu or more ram or more diskspace to handle
increased usage, they can be forced to comply.

With Dash Evolution (scheduled for end 2017), there will be a further scaling solution for Dash which makes it possible to handle large amounts of transactions per second.
It will introduce a third tier in the form of end-users that get connected to the Dash network through DAPI (decentralized api)



Note : there could be changes in above picture (which was used as a teaser to introduce Dash Evolution), as i remember zero-fee transactions could cause certain problems, so there could be a switch to
using small fees to cope with that.
 

[iCEBREAKER]

The competition between Dash and Monero has been going for some time and I believe it is good for the space and development of each projects. For me it all depends on the tech and marketing side of each project, if they can find a balance and  any of this team is able to develop a suitable scaling solution for their project it will be great

Many months ago, the Dash Masternode network 'blockchain democracy' voted to increase the max blocksize to 2MB, yet that change hasn't been made.

Doesn't that show Dash's governance model is ineffective at best and a fraud at worst?

[qwizzie]

The competition between Dash and Monero has been going for some time and I believe it is good for the space and development of each projects. For me it all depends on the tech and marketing side of each project, if they can find a balance and  any of this team is able to develop a suitable scaling solution for their project it will be great

Many months ago, the Dash Masternode network 'blockchain democracy' voted to increase the max blocksize to 2MB, yet that change hasn't been made.

Doesn't that show Dash's governance model is ineffective at best and a fraud at worst?

This all seems to be going a bit off-topic, but then again i dont mind answerring questions about Dash governance system.

The budget proposal in question was used as a polling system, to see if the masternodes would support it or not (an overwhelming majority did support it).
More about this polling proposal can be read here :

https://www.dash.org/forum/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/
https://www.dashcentral.org/p/2mb-blocksize

Most people complaining about this polling proposal not been implemented yet, seem to have overread the following :

If approved, a proper development, testing and deployment process would start before it reaches production. Let’s give Dash room to grow.

Currently Dash has two development groups, one group is working on the Dash v12.1 update (a very large update which is currently in its final stage and should hit Mainnet in feb 2017)
and another group of devs have been busy with outlining and coding Dash Evolution (which is currently in its first stage and should hit Dash Testnet in a few months).

As no specific date for implementation of the 2MB increase was ever set and the Dash devs have been focussing on update v12.1 and Dash Evolution, it is reasonable to believe it will
be implemented after update v12.1 and maybe even after Dash Evolution as there is currently no technical need for it.
Dash 1MB blocks are currently rarely full --> http://178.254.23.111/~pub/Dash/Dash_Info.html *block/trx info), but there could be a technical need for it after Dash Evolution.

[iCEBREAKER]

Many months ago, the Dash Masternode network 'blockchain democracy' voted to increase the max blocksize to 2MB, yet that change hasn't been made.

Doesn't that show Dash's governance model is ineffective at best and a fraud at worst?

This all seems to be going a bit off-topic, but then again i dont mind answerring questions about Dash governance system.

The budget proposal in question was used as a polling system, to see if the masternodes would support it or not (an overwhelming majority did support it).
More about this polling proposal can be read here :

https://www.dash.org/forum/threads/dash-birthday-trademark-resolution-blocksize-limitation.7696/
https://www.dashcentral.org/p/2mb-blocksize

Most people complaining about this polling proposal not been implemented yet, seem to have overread the following :

If approved, a proper development, testing and deployment process would start before it reaches production. Let’s give Dash room to grow.

Currently Dash has two development groups, one group is working on the Dash v12.1 update (a very large update which is currently in its final stage and should hit Mainnet in feb 2017)
and another group of devs have been busy with outlining and coding Dash Evolution (which is currently in its first stage and should hit Dash Testnet in a few months).

As no specific date for implementation of the 2MB increase was ever set and the Dash devs have been focussing on update v12.1 and Dash Evolution, it is reasonable to believe it will
be implemented after update v12.1 and maybe even after Dash Evolution as there is currently no technical need for it.
Dash 1MB blocks are currently rarely full --> http://178.254.23.111/~pub/Dash/Dash_Info.html *block/trx info), but there could be a technical need for it after Dash Evolution.

OK, thanks for the long-winded hand-waving Duffsplanation of why even an overwhelming vote is considered non-binding community guidance and easily ignored.

Since you strangely don't seem to see any fraud in all this distributed governance theater, I'll put you down for the first option, "Dash's governance model is ineffective."

[gusterdd]

Dash price is ATH
But No serious dumpping.

Dash could be 5~10% market capitalization of BTC.
The value is 741,000,000USD ~ 1,483,000,000USD
Current market cap is 103,000,000 USD.
So Dash cap may be multiplied by 7.2 ~ 14
Price is 108~200usd.

Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern
 
But if you are long time holder, dump now at ATH.
Today  decreased about 50 masternodes(4365 ->4315). (wise act !!)