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

[maxpowerzz92]

Since DashHole cultists are deleting posts containing information contrary to their groupthink, here is an unmoderated Dash price thread.

Share & Enjoy!

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The Dash Scamassu ATM, Proton Mail, Mycelium, and Coinfirm fiascos aren't helping the price keep up with Bitcoin, much less Monero.

At least one Masternode owner (and Foundation Member) will "start offloading this month" if there is no substantial progress reported, because Dash core team proposals "keep asking for money but have zero responsibility and accountability to provide updates."

Is there enough volume and bid depth to absorb several Masternodes being liquidated?

I just noticed the DASH/XMR exchange ratio on Polo bottomed out when this thread was created, and has gone steadily up ever since.  Thanks Icey!!!

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[The Sceptical Chymist]

I've always liked Dash for some reason, probably its dark-net origins even though I don't partake in products thereof.  Unfortunately I sold all the Dash I had, and it's doing pretty damn good as of late.  It's at or near its ATH...not bad at all.

[gusterdd]

Litecoin and Monero compete now !!

Growing Monero threaten LTC.





But Monero is in a bad temper for following Dash.

[Monerobuyer]

Nothing more disheartening than watching this scamcoin go up up  up, while Monero gets punished by the huge supply available for shorting.

[qwizzie]

I've always liked Dash for some reason, probably its dark-net origins even though I don't partake in products thereof.  Unfortunately I sold all the Dash I had, and it's doing pretty damn good as of late.  It's at or near its ATH...not bad at all.

yep, i agree. not bad at all.

[Nathan047]

I can't help but feel DASH will just end up like LTC, XMR, & ETH as a somewhat popular altcoin but nothing special.

[qwizzie]

I can't help but feel DASH will just end up like LTC, XMR, & ETH as a somewhat popular altcoin but nothing special.

i think Dash next big update named Dash Evolution will be a gamechanger in a very fundamental way, which can not be as easily copied by other altcoins
due to Dash advantage with its first tier (miner), second tier (masternodes) and third tier (DAPI endusers) network.

This in combination with its decentralized governance and budget system, will allow Dash to grow and cultivate its own ecosystem of services and products
to users, merchants and third party's.  

ASIC availability for Dash miners also signals both a strong interest in Dash and a healthy future for Dash, making the network far more secure. Possible future side-effects of ASIC mining
can also be averted by its unique multi-tier setup. Well after Dash Evolution there will be a Proof of Work re-adjustment in the pipeline for Dash, i think they call it POW 2.0
  
At some point in the future (after Dash Evolution) i suspect there will be an ongoing snowball-effect, which will ultimately effect price, marketcap and name-regnonition.

[epitome]

@ qwizzie i am not familiar with dash mining,do you think it is profitable to mine at home.Is there a specific ASIC miner for dash mining,if so i would like to know about it.Apart from Zcash Dash has the biggest price tag and i am not sure why that is,is it because of the three tier system you are talking about.Is it more secure than Monero and Zcash.

[qwizzie]

@ qwizzie i am not familiar with dash mining,do you think it is profitable to mine at home.Is there a specific ASIC miner for dash mining,if so i would like to know about it.Apart from Zcash Dash has the biggest price tag and i am not sure why that is,is it because of the three tier system you are talking about.Is it more secure than Monero and Zcash.

https://dashpay.atlassian.net/wiki/display/DOC/Mining
https://www.dash.org/forum/topic/hardware-discussions-asic-gpu-cpu.101/

There are currently 5 ASIC Dash miners

With regards to security, Dash has a stronger network over Monero and Zcash due to both ASIC mining & much higher number of full active nodes.
Each full node (masternode) needs to be collateralized with 1000 Dash. We currently have 4411 masternodes running, giving us a combined masternode collateral
of 4,411,000 Dash (that is collateral that is currently not available on the market).

Available supply is then as follows : 7,105,729 DASH (coinmarketcap) - 4,411,000 Dash (combined masternode collateral) = 2,694,729 Dash currently available for trade on markets.
This low availability of Dash on markets (read as scarcity), will have an effect on price.

[iCEBREAKER]

There are currently 5 ASIC Dash miners

Not for long.

Coming Soon to Dash:

COLLATERALIZED MINING



Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network.

What a great way to create a huge disincentive for anyone to contribute their hashpower.

With regards to security, Dash has a stronger network over Monero and Zcash due to both ASIC mining & much higher number of full active nodes.

Not for long.

[qwizzie]

How to stay anonymous with Dash running a Masternode :

* Buy Dash on an exchange or locally somewehere
* Mix Dash 8 rounds and Privatesend 1000 Dash to a new Masternode wallet address

Lets say after a year you want to use the interest that the masternode accumulated for you in your cold wallet :

* Use coin-control to sent the accumulated Dash to a new Dash address
* Mix that accumulated Dash 8 rounds
* Privatesend it to an exchange for FIAT or Privatesend it somewhere in the cryptoscene  

Only the FIAT gateways (going in and out) form a weak link here, possibly requiring registration / know your customer rules / limit transaction amounts.
But thats the case for every cryptocurrency, once inside crypto you can use the mixing option of Dash to achieve above mentioned anonymity.

Will people / companies try to trace masternodes and their incoming and outgoing transactions ? Sure, but with above steps they will not be able to trace
masternodes back to their original owner.
 
  

[Lebubar]

Nothing more disheartening than watching this scamcoin go up up  up, while Monero gets punished by the huge supply available for shorting.

Ooooohh. Your heart is broken?
Wait because it's not finish 

[Monerobuyer]

I have come to a realization about Dash people....you're low information, low IQ people. You being you is punishment enough.

Furthermore once the altcoins graduate to the next level and big money starts evaluating them, they'll immediately disqualify the digital trash. It doesnt offer anything special. It does everything....poorly. What is its use case?

[smoothie]

I have come to a realization about Dash people....you're low information, low IQ people. You being you is punishment enough.

Furthermore once the altcoins graduate to the next level and big money starts evaluating them, they'll immediately disqualify the digital trash. It doesnt offer anything special. It does everything....poorly. What is its use case?

Didn't you know that xCoin/Darkcoin/DASH enriches Evan mostly?

It does serve that purpose.

[coinling]

Nothing more disheartening than watching this scamcoin go up up  up, while Monero gets punished by the huge supply available for shorting.

Your logic fails there imo.

Possible shorting just enables a more stable price shortterm. However longterm this doesn't have an effect at all on the price.

Dash will probably have more bigger moves up and down on their road but in the end the coin which has more real demand will win.

Probably even both will stay there for a long time.

I like Monero way better because of their ideological standpoint and i think Dash might be OK from a technological / investment standpoint but let's see how the people decide in the end.

Market is free and everyone can speak with his money.

I don't like this "manipulation" accusation all the time.

If a coin is really bad it will die in the end. Noone forces us to buy.
This is not like forcing us to use the USD to pay taxes...

[smoothie]

Nothing more disheartening than watching this scamcoin go up up  up, while Monero gets punished by the huge supply available for shorting.

Your logic fails there imo.

Possible shorting just enables a more stable price shortterm. However longterm this doesn't have an effect at all on the price.

Dash will probably have more bigger moves up and down on their road but in the end the coin which has more real demand will win.

Probably even both will stay there for a long time.

I like Monero way better because of their ideological standpoint and i think Dash might be OK from a technological / investment standpoint but let's see how the people decide in the end.

Market is free and everyone can speak with his money.

I don't like this "manipulation" accusation all the time.

If a coin is really bad it will die in the end. Noone forces us to buy.
This is not like forcing us to use the USD to pay taxes...

Yes no one forces you to buy.

Just like no one forced people to invest their money with Bernie Madeoff right? Oh wait...

That logic doesn't work when it comes to scams.

Scammers will and can con people into buying into their scams/HYIP/etc.

[qwizzie]

The only scammers are those scammers that shout scam, when there is no scam  

Talking about markets, Dash is indeed doing really well : basicly it is slowly and methodically continuing its long term uptrend.
Over a period of two months, Dash price increased from 0.0102 to 0.0198

[gusterdd]

Meet with litecoin, new fellow.

Wow, Crazy.

[qwizzie]

Meet with litecoin, new fellow.

Wow, Crazy.

Yeah, this is getting exciting. Dash is currently at 185.6 million.... will it move up a rank again in one night ?
Stay tuned....

[TaoOfSaatoshi]

Nice to see Dash moving up the charts. Only 4 more projects to go until Dash is the #1 cryptocurrency of choice for global finance.

We did try to tell you!