Who or what moron is buying dash at these prices

[dinofelis]

Evan is the big bad evil monster ?

No, he is a genius that knows perfectly well how to "mine the investors", and how central control is way way more efficient than decentralized consensus.

Then what the fuck is Risto / rpietila from Monero then ?

Is not a PoS coin, so this doesn't matter.  There is no centralized tumbler system in monero. There's no fake voting system in monero.  And yes, development is OPENLY centralized in monero: there's a hard fork every 6 months or so.  And there is tail emission.   And there wasn't such a huge premine. 

In monero, maybe devs have a big stash, but that's about it, and it will not come to proportions like Evan's at all.
They can dump once if they want to.  They don't keep on earning because of an initial monstruous premine. 

And when you look at most of these coins + schemes they are *ALL* controlled by 1 entity.
Wanna talk about keys Dino ?

What keys ?  In monero there is no PoS, there is no voting, and coding IS centralized for the moment, but can be taken out of the dev's hands (as has happened in the past !), just like with Bitcoin Core.

What about Github account passwords ?
And the fact that Github is FULLY 100% US govt compliant.

So ?  What stops you from downloading the code from github, reading it, modifying it and compiling your own node software ?

But you are talking about monero here, while the thread is about DASH.  DASH is not a scam.  It is a private fiat currency, mimicking as a crypto, and under full control of central bank Evan Inc.  And it can work very well to do payments until it reaches high volumes of the order of bitcoin, which is not the case atm: all volume is essentially on Poloniex at this time.

[20kevin20]

How do you prove that any subset of the masternodes are not controlled by the same person?

Epic fail. Can't tell him which masternode is his LOL

I don't see why that is a fail. He has a good point.

Indeed, the question is rather the opposite: as there is circumstantial evidence that at a certain point Evan Inc must have had a large fraction of the coins, and as this is amplified with the masternode PoS system, it would be rather natural that Evan Inc controls about half of the coins and an even larger percentage of masternodes (not all coins are in master nodes).  As such, he also has almost full certainty to have full control over the development voting system (and the 10% budget that it has).

In other words, simply accounting for the coins he must have, unless spent a lot, he must be in total control of the community, and of about half of the master nodes at least.

This is a bit like using a Tor-bis network of which all nodes are owned by the FBI.

The problem is that nobody knows when they can just sell all and drive the price back to what it was months ago, or maybe even under that amount.

There are many investors at the moment coming in and buying as much as they can. In case this happens and turns out for Dash to be an actual scam, it would be a disaster for a lot of people. We have to be very careful about it.. I have seen tweets from important people saying that were saying a dump is incoming, it's not about if but when.

[Minecache]

Evan is the big bad evil monster ?

No, he is a genius that knows perfectly well how to "mine the investors", and how central control is way way more efficient than decentralized consensus.

Then what the fuck is Risto / rpietila from Monero then ?

Is not a PoS coin, so this doesn't matter.  There is no centralized tumbler system in monero. There's no fake voting system in monero.  And yes, development is OPENLY centralized in monero: there's a hard fork every 6 months or so.  And there is tail emission.   And there wasn't such a huge premine. 

In monero, maybe devs have a big stash, but that's about it, and it will not come to proportions like Evan's at all.
They can dump once if they want to.  They don't keep on earning because of an initial monstruous premine. 

And when you look at most of these coins + schemes they are *ALL* controlled by 1 entity.
Wanna talk about keys Dino ?

What keys ?  In monero there is no PoS, there is no voting, and coding IS centralized for the moment, but can be taken out of the dev's hands (as has happened in the past !), just like with Bitcoin Core.

What about Github account passwords ?
And the fact that Github is FULLY 100% US govt compliant.

So ?  What stops you from downloading the code from github, reading it, modifying it and compiling your own node software ?

But you are talking about monero here, while the thread is about DASH.  DASH is not a scam.  It is a private fiat currency, mimicking as a crypto, and under full control of central bank Evan Inc.  And it can work very well to do payments until it reaches high volumes of the order of bitcoin, which is not the case atm: all volume is essentially on Poloniex at this time.

A genius who made an 'accidental' mistake instamining 2 million+ coins for himself upon launching his shitcoin.

[dinofelis]

A genius who made an 'accidental' mistake instamining 2 million+ coins for himself upon launching his shitcoin.

... and shoved it down a lot of people who pay a lot of money for it with which he buys propaganda for even more.  That's what makes him a genius.  Not many people can pull that off.

[Minecache]

A genius who made an 'accidental' mistake instamining 2 million+ coins for himself upon launching his shitcoin.

... and shoved it down a lot of people who pay a lot of money for it with which he buys propaganda for even more.  That's what makes him a genius.  Not many people can pull that off.

No, it makes him a fraud, and his ponzi shitcoin a scam.

[dinofelis]

The problem is that nobody knows when they can just sell all and drive the price back to what it was months ago, or maybe even under that amount.

There are many investors at the moment coming in and buying as much as they can. In case this happens and turns out for Dash to be an actual scam, it would be a disaster for a lot of people. We have to be very careful about it.. I have seen tweets from important people saying that were saying a dump is incoming, it's not about if but when.

He's not crazy and crash the market.  I would very, very slowly dump small amounts of coins, but keep the price high enough for "young blood" to come in.  When he will be done, he can hire Bill Gates as butler.

[dinofelis]

No, it makes him a fraud, and his ponzi shitcoin a scam.

If it works out for him, he's a genius.  Nobody's obliged to buy what so ever any DASH.  He didn't sign any contract with anybody.  The facts are out there.  If he can still obtain your money, that's what I call a genius.  He's not promising anything.  People just come and buy his coin.  He sells it. 

[Minecache]

No, it makes him a fraud, and his ponzi shitcoin a scam.

If it works out for him, he's a genius.  Nobody's obliged to buy what so ever any DASH.  He didn't sign any contract with anybody.  The facts are out there.  If he can still obtain your money, that's what I call a genius.  He's not promising anything.  People just come and buy his coin.  He sells it. 

No, a genius is someone who uses their intellect to bring something to humanity. Not a crook who deceived for profit. Read up about Ponzi schemes because that's all Dash is.

Ps I've never touched your ponzi Dashit and never will.

[eid]

Out of the 4014 masternodes currently active .. can you tell me which one is mine ?

Can you prove to me that any subset of those masternodes are not controlled by the same person?

please answer my question

Sure, I'll answer (because I'm not trying to be evasive). No, I can't tell which masternode is yours. But I also cannot tell how many masternodes you own. For all I know, you own ALL the masternodes. Because with Dash masternodes are anonymous. Now I will ask my question again:

How do you prove that any subset of the masternodes are not controlled by the same person?

<crickets>

Epic fail. Can't tell him which masternode is his LOL

<whoosh>

[dinofelis]

Ps I've never touched your ponzi Dashit and never will.

I won't say that I never had DASH.  I bought a few DASH 2 years ago (less than 10 coins) and I couldn't use darkmix, so I sold them.  Now, I'm not touching it with a stick. 

[YourMother]

Dash added by BTC-e
Dash added by xBTCe
Dash added by Wall of Coins
Dash added by soft wallet providers like Myceleum, Jaxx, Coinomi, Exodus
Dash added by ATM providers like General Bytes, TigoCTM, Lamassu,
Dash getting 5 ASIC miners
Dash added by several hard wallet providers (KeepKey, Ledger Nano S, Trezor)
Dash added by Living Room of Satoshi (who dropped ETH, LTC, & DOGE by the way)
Dash created its own LocalBitcoin.com
Dash added back again by Bitfinex
Dash added as debitcard by Shakepay, Spectrocoin, Bitwala, Wirex, Uquid
Dash created its own BitPay service
Dash successfully hardforked into v12.1
Dash successfully surviving its first major DDoS attack on its masternode network
Dash accelerating its next major update named Dash Evolution, Alpha to be released in a few months (mid summer)

These are all telltale signs..

@qwizzie it seems obvious you're interested in promoting DASH. I'm curious to hear your view about this coin's history. Do you think the founder(s) instamined around 1.5 million coins or not? If so, don't you think that's a bad thing for the overall market?

Its a fact that Dash has an instamine history, this has never been denied. Official statements from Dash about the instamine go all the way back to 2014 but you have to realise that Dash
Founders were not the only people mining at the time and massive amounts of Dash were sold off on the markets early on as people did not see any value in it.

Here are some links that are dealing with the instamine history of Dash :

https://www.dash.org/forum/threads/the-birth-of-darkcoin.162/
https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification

With regards to your last question :

Was The Instamine A Positive Thing For Dash?
https://dashdot.io/alpha/?page_id=118

Its really up to the individual investor to decide if Dash instamine history from more then three years ago should still play a role or not.
Dash community has long long long ago moved on.
Dash instamine history has no influence on the market whatsoever (Dash has price and marketcap increase every single year, from its first year to its current year)

"realise that Dash  Founders were not the only people mining at the time" - 40 Amazon instances and 40 Microsoft ones instamining the shit out of it. The windows wallet was not available at the moment and neither the roadmap.

"and massive amounts of Dash were sold off on the markets early" - That carrot looking motherfucker (Duffbar) never sold a Dash out of his >1M instamine. He knew exactly what he was doing, as seen in the masternode implementation that came shortly after. On top of the 45% that was/is taken by his instamine every day, the Carrot even had the cojones to ask for an additional 10% for development.

"Was The Instamine A Positive Thing For Dash?" - LMFAO

[catoshi]

Most likely victims who have yet to find out its a ponzi scheme,

learn more about dash
http://www.nasdaq.com/article/op-ed-a-closer-look-into-dash-part-1-cm760740
http://www.nasdaq.com/article/op-ed-a-closer-look-at-the-origins-of-dash-part-2-cm761072

[erk]

If the DASH people were serious, they should have taken the DRK code, and started a new coin from scratch, called it DASH without the Darkcoin instamine legacy.

[Piston Honda]

90% of trading is bots on these big boy coins.  it's messed cos they are so manipulated and controlled by those that have the most.

sadly a legit/fair coin like WBB with REAL work and business applications about to become real very soon see no $ into them. fucked.

[electronicash]

bitcoin price is already $1200 and yet people are still buying it.  DASH is less than 10% of its price. why not buy?

If the DASH people were serious, they should have taken the DRK code, and started a new coin from scratch, called it DASH without the Darkcoin instamine legacy.

where the hell is darkcoin now? if its better they should have more value today than dash. dev team always have the crappiest fud to spread when they know their coins has less value.

[BitcoinHodler]

at this point only those who are newbies and panic buyers are buying Dash after this much pump because the rest of us know very well how risky this is to buy it after the huge rise and when the price entered a bubble!

[dinofelis]

where the hell is darkcoin now? if its better they should have more value today than dash.

   Funny joke.

DASH is just the new name for darkcoin, when the promotion machine realized that the dark in darkcoin was going to push away potential "investors".  Darkcoin was to get it going, the new feature was automatic mixing.  But then, better anon cryptography came out (cryptonote and zerocoin) and their anon feature was clunky.  So they changed communication strategy, and changed names.

[electronicash]

where the hell is darkcoin now? if its better they should have more value today than dash.

   Funny joke.

DASH is just the new name for darkcoin, when the promotion machine realized that the dark in darkcoin was going to push away potential "investors".  Darkcoin was to get it going, the new feature was automatic mixing.  But then, better anon cryptography came out (cryptonote and zerocoin) and their anon feature was clunky.  So they changed communication strategy, and changed names.

ohhhh dashit! no wonder i couldn't find darkcoin on coinmarketcap. 
they decided to take dark away and potential investors moved into them, seem a fair analysis actually. i can see why the price rise. seem like their team always have the way to blend with the new  technology.  kinda like Metallica that dresses hiphop and raps.dash team seem to be pretty effective though price speaks.

[Coinster]

But hey.. let's just put our little Monero blinders on and rail on about Dash right ?

Not at all. If there is a complaint about Monero let's hear that too. I'll certainly be looking into the history. A lot of people are not familiar with many of these coin's history, but the price rise is drawing more scrutiny.

And when you look at most of these coins + schemes they are *ALL* controlled by 1 entity.

No, they're not. Who controls Bitcoin? The community can't even decide on a simple change to increase capacity. Even Litecoin founder Charlie Lee is apparently having problems getting miners to accept SegWit.

Wanna talk about keys Dino ?

What about Github account passwords ?
And the fact that Github is FULLY 100% US govt compliant.

What's that supposed to mean? The government created TOR too (Navy). In fact, the Internet itself is based off a government project (DARPA). There are limits on what the government can do. As long as it's known what the government can and cannot do people can operate safely/anonymously. Open-source software means anyone can review the code. There are literally thousands of pairs of eyes on Bitcoin's code. There is no way the government could change code to compromise user privacy in a way nobody would soon find out about.

You guys spend all your time dancing around spotlighting 1 coin etc when 90% are the same.
THEN you have the nerve to accuse me of doing that.. when all i am doing is posting what i said above.

This is a thread about DASH, due to the price rise. As I said, nobody is stopping anybody listing complaints on other coins. If other coins are also problematic then they will become more exposed as they gain market attention too. That's how it works.

[misterbigg]

...

Can you prove to me that any subset of those masternodes are not controlled by the same person?

Interesting how this question is yet to be answered

I also find it interesting that folks here jump all over Ripple calling it a centralized coin, even though node operators are free to choose any desired validators (which are not anonymous).

But these same people think that Dash is not centralized, but as a node operator you have no choice but to trust any masternode that has put up 1,000 Dash even when that masternode (and all other masternodes) are completely anonymous.

LOL!!!!