The danger I see with Dash

[K~Ehleyr]

1,000 dash is the required collateral for a masternode. It's set deliberately high to make it cost prohibitive and self-defeating to attempt a Sybil attack on the network.

[Searing]

1,000 dash is the required collateral for a masternode. It's set deliberately high to make it cost prohibitive and self-defeating to attempt a Sybil attack on the network.

thanks for the clarification...still a big ouch to get on thou....

[generalizethis]

I can tell you people will be burnt by this whole Dash thing, all of these Altcoin will wnat to have the problem Bitcoin is having now. Dash, this is a token that is not been used for any transaction, most of the volume are on exchanges. I can tell you if Dash has the amount of transaction Bitcoin has it will have Bitcoin problem. The token looks to me as a brand rather than Currency which is designed to be, another thing to consider is that most of the tokens are locked in Masternode, a POS token so their is price manipulation already

Proof of service, not proof of stake. The masternodes work just like miners do.

I heard you needed 4500 dash to put up a masternode however....is that incorrect? (damn tough mining) (I could have misread?)

1000 or ~$70,000 to do what Evan did for pennies and likely more than a 1000X.

[K~Ehleyr]

1,000 dash is the required collateral for a masternode. It's set deliberately high to make it cost prohibitive and self-defeating to attempt a Sybil attack on the network.

thanks for the clarification...still a big ouch to get on thou....

I had the opportunity to get a masternode for €8,000 last summer and I didn't take it.  Biggest regret of my life.  I'll still keep accumulating what I can though.

1000 or ~$70,000 to do what Evan did for pennies and likely more than a 1000X.

Funny thing how dedicated developers remain to the success of their projects when they have a real stake.  Evan does not have 1,000 masternodes, but however many he does have are well deserved.

[btctube]

I saw not too interesting for holding the DASH bag, I think everyone is afraid to see the prices come down drastically in the near future when they really reached the highest price point

Just what is the highest price point of dash if you know what you are talking?
I'm interested to know because I plan to hold mine for as long as I could. I consider this as a huge investment, later I will also be joining setting up masternodes with what I have. If the highest point mean $1000, its going to be excellente.

[generalizethis]

1000 or ~$70,000 to do what Evan did for pennies and likely more than a 1000X.

Funny thing how dedicated developers remain to the success of their projects when they have a real stake.  Evan does not have 1,000 masternodes, but however many he does have are well deserved.

You can't know this unless Evan provided proof or you are Evan--I doubt either.

[K~Ehleyr]

Just what is the highest price point of dash if you know what you are talking?
I'm interested to know because I plan to hold mine for as long as I could. I consider this as a huge investment, later I will also be joining setting up masternodes with what I have. If the highest point mean $1000, its going to be excellente.

What's the highest price point of bitcoin?  Once we know that we can start estimating the potential future price of Dash from there.

1000 or ~$70,000 to do what Evan did for pennies and likely more than a 1000X.

Funny thing how dedicated developers remain to the success of their projects when they have a real stake.  Evan does not have 1,000 masternodes, but however many he does have are well deserved.

You can't know this unless Evan provided proof or you are Evan--I doubt either.

True, I don't *know* but I am surmising using common sense and public knowledge.  It's said that Otoh held the highest number of masternodes at around 450, but he has since sold most of those.

[generalizethis]

Just what is the highest price point of dash if you know what you are talking?
I'm interested to know because I plan to hold mine for as long as I could. I consider this as a huge investment, later I will also be joining setting up masternodes with what I have. If the highest point mean $1000, its going to be excellente.

What's the highest price point of bitcoin?  Once we know that we can start estimating the potential future price of Dash from there.

1000 or ~$70,000 to do what Evan did for pennies and likely more than a 1000X.

Funny thing how dedicated developers remain to the success of their projects when they have a real stake.  Evan does not have 1,000 masternodes, but however many he does have are well deserved.

You can't know this unless Evan provided proof or you are Evan--I doubt either.

True, I don't *know* but I am surmising using common sense and public knowledge.  It's said that Otoh held the highest number of masternodes at around 450, but he has since sold most of those.

Common sense would be to sell when it is most profitable, so assuming Evan sold most of his masternodes, or didn't buy them when they were cheapest with his instamine stash, is what would defy common sense.

[K~Ehleyr]

So you don't *know* anything either then.  Everybody has had plenty of opportunities to buy masternodes while they were affordable, including me.  I missed that opportunity too but, unlike most of the moaners on this thread, I'm not getting all bitter and venomous about it.  I believe Dash is the future and I'm happy to be a part of it.

I clearly don't belong on this thread then so I'll leave you to it.  Please resume your butthurt bitching at your leisure.

[generalizethis]

So you don't *know* anything either then.  Everybody has had plenty of opportunities to buy masternodes while they were affordable, including me.  I missed that opportunity too but, unlike most of the moaners on this thread, I'm not getting all bitter and venomous about it.  I believe Dash is the future and I'm happy to be a part of it.

I clearly don't belong on this thread then so I'll leave you to it.  Please resume your butthurt bitching at your leisure.

This is a pretty common response when logic fails--so much so that I made an ad hoc post replying to it: https://bitcointalk.org/index.php?topic=1430839.0

[K~Ehleyr]

Good for you!  But no, I have no shortage of logic, I've just learned to recognise when it isn't appreciated.  "Pearls before swine" my friend calls it and it's the reason I don't post on Facebook.  Life is too short to spend time arguing with people on the internet just because they're wrong, so as soon as I realise that somebody's mind is already closed to my input I'm out of there.  It makes for a better quality of life.  Have a good day, Sir!

[generalizethis]

Good for you!  But no, I have no shortage of logic, I've just learned to recognise when it isn't appreciated.  "Pearls before swine" my friend calls it and it's the reason I don't post on Facebook.  Life is too short to spend time arguing with people on the internet just because they're wrong, so as soon as I realise that somebody's mind is already closed to my input I'm out of there.  It makes for a better quality of life.  Have a good day, Sir!

[miayama]

I think with Dash can be similar story like with Pascal. It from now will go down every day on 20-30%

[johhnyUA]

Good for you!  But no, I have no shortage of logic, I've just learned to recognise when it isn't appreciated.  "Pearls before swine" my friend calls it and it's the reason I don't post on Facebook.  Life is too short to spend time arguing with people on the internet just because they're wrong, so as soon as I realise that somebody's mind is already closed to my input I'm out of there.  It makes for a better quality of life.  Have a good day, Sir!

Dude, Dash has very big instamine. 1.3 million of coins. It's around a 7 % of ALL coins which are being expected to be emmited. But it can be more than 10 % of all coins which exists for now.
i don't know what Ewan has done with this coins (holding, turn it to masternodes of something like that) but for me it's not a good fact. I'll sell all my Dash if (or when) price will rise to some value (which i expect)

[Fragbait]

Dash is the most fudded coin in the history of cryptocurrencies. Yet those who had the vision to hold all these years despite the massive fudding are now rich. Deal with it. No amount of fudding will do a damn thing. You're all free to spend your energy however you wish though, and I know being angry is an endless source of energy. The only thing that could make Dash crash and burn is if a massive flaw would be found, even a flaw in the anonymity wouldn't matter much if at all, it would have to be something akin to the InstantX or the whole network being stalled beyond repair.

[generalizethis]

Dash is the most fudded coin in the history of cryptocurrencies. Yet those who had the vision to hold all these years despite the massive fudding are now rich. Deal with it. No amount of fudding will do a damn thing. You're all free to spend your energy however you wish though, and I know being angry is an endless source of energy. The only thing that could make Dash crash and burn is if a massive flaw would be found, even a flaw in the anonymity wouldn't matter much if at all, it would have to be something akin to the InstantX or the whole network being stalled beyond repair.

Actually Bitcoin is the most FUDded coin in cryptocurrencies, and most of dash's criticisms are well earned technical issues, so do not count as FUD, just plain old criticism.

[Fragbait]

Dash is the most fudded coin in the history of cryptocurrencies. Yet those who had the vision to hold all these years despite the massive fudding are now rich. Deal with it. No amount of fudding will do a damn thing. You're all free to spend your energy however you wish though, and I know being angry is an endless source of energy. The only thing that could make Dash crash and burn is if a massive flaw would be found, even a flaw in the anonymity wouldn't matter much if at all, it would have to be something akin to the InstantX or the whole network being stalled beyond repair.

Actually Bitcoin is the most FUDded coin in cryptocurrencies, and most of dash's criticisms are well earned technical issues, so do not count as FUD, just plain old criticism.

Actually most of Dash's criticism is about the alleged distribution and what bad things that might cause i.e. FUD.

[generalizethis]

Dash is the most fudded coin in the history of cryptocurrencies. Yet those who had the vision to hold all these years despite the massive fudding are now rich. Deal with it. No amount of fudding will do a damn thing. You're all free to spend your energy however you wish though, and I know being angry is an endless source of energy. The only thing that could make Dash crash and burn is if a massive flaw would be found, even a flaw in the anonymity wouldn't matter much if at all, it would have to be something akin to the InstantX or the whole network being stalled beyond repair.

Actually Bitcoin is the most FUDded coin in cryptocurrencies, and most of dash's criticisms are well earned technical issues, so do not count as FUD, just plain old criticism.

Actually most of Dash's criticism is about the alleged distribution and what bad things that might cause i.e. FUD.

LOL! Right ?!? I mean there's no way that a instamine could create undo centralization on a staking system--that's cray-cray.

[Hellot]

Nah, journalists are too stupid to even understand what that means.  They even sell bitcoin as an anonymous coin.  DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ?  That propaganda works as hell.  People love to fall for this kind of stuff.  What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption.   Only a small and insignificant number of smart people know how fake it is, but they don't matter.

The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.

If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity.
(hence, not use DASH, with its fake anonymity )

https://www.sec.gov/about/offices/owb/owb-tips.shtml
 

[generalizethis]

Nah, journalists are too stupid to even understand what that means.  They even sell bitcoin as an anonymous coin.  DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ?  That propaganda works as hell.  People love to fall for this kind of stuff.  What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption.   Only a small and insignificant number of smart people know how fake it is, but they don't matter.

The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.

If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity.
(hence, not use DASH, with its fake anonymity )

https://www.sec.gov/about/offices/owb/owb-tips.shtml
  

Here's ammo. The form takes about 5 minutes to fill out, but requires a lawyer's contact info (but there is a reward for those that dashtards claim are butthurt). Evan Duffield is located in AZ, but couldn't find a street address. His email is evan@dash.org

What's bad for dash is they need to make evidence to gain more noobs--this cluster of shillocracy took about 10 minutes to gather. The ROI investment sheets are likely the most damning.

https://dash-news.de/dashtv/

https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=24019061

https://web.archive.org/web/20170312191741/https://www.node40.com/2016/05/19/dash-masternode-financial-reports-preview.html

https://web.archive.org/web/20160520195030/http://dashpaymagazine.com/index.php/2016/05/19/dash-masternodes-study-rising-crypto-bonds-future/

https://imgur.com/kHW81Vc

http://dashdetailed.com/2017/01/25/happy-birthday-mr-juggernaut/