Dash Instamine is a non-issue.

[Emoclaw]

Crypto-coin development is one of the 5 hardest dev jobs on Earth. Those include: operating-systems (Windows, Linux), virtualization (VMware, VirtualBox), 3D games, Artificial Intelligence (A.I) and crypto-coins.

What you said is wrong on so many levels.
Firstly you pulled the "5 hardest dev jobs" out of your ass.
You can't measure the difficulty of creating software because there are a lot of variables involved. The size of the project and what the developers want to achieve for one.
AI can boil down to a bunch of if-else statements that even a novice programmer can make.
Large projects such as VMware and OSes are collective efforts. Each person or team of people do programming tasks that they are perfectly capable of, and that's how everything goes smoothly.

[1715372633]

1715372633

[1715372633]

1715372633

[1715372633]

1715372633

[iamnotback]

Da shitnstamine is da shit

Simplify concepts.

[arielbit]

And why would pivx be better ? What makes their dev team better ? The fact that it is a clone proves the team is average tops and the project is vaporware.

because pivx was not instamined like dash, but dash was not actually instamined, darkcoin was instamined up to 5 million from the dev, and then they did the swap with the so called dash, but one is a pos and the other cna still be mined, even if dash is bad because instamined, i still like it more because you can mine

Just to be clear : there were only name changes involved.

Xcoin : conflict with another coin so a new name was needed
Darkcoin : needed a rebranding for mainstream adaption
Dash : final branding name

These name changes did not involve a change from proof of work (POW). Dash just put a second tier on top of the miners,
called it proof of service and gave the masternodes of that second tier rewards for providing services to the network.
(PrivateSend, InstantSend, Voting). Masternodes and miners each earn 45% of the blockrewards and 10% of the blockrewards
goes to the decentralized budget system.

There also exist a Dashcoin but that is a totally seperate cryptocurrency, not to be confused with Dash.

FYI

i never thought qwizzie was a comedian  

the irony hehe

Xcoin : conflict with another coin so a new name was needed
Darkcoin : needed a rebranding for mainstream adaption
Dash : final (or not so final-depends) branding name : entered another conflict with another coin so Darkcoin can have its cool name

FTFY

Just to be clear : there were only name changes involved.

after the instamine, the total supply was changed from 84 Million to about ~20 Million to make the instamine loot a lot more valuable...the masternode concept was also hidden from the public so insiders can accumulate more while people dump and/or didn't buy due to lack of information, people don't know that they will be able to POS their coins with masternodes and what is the masternodes role in the network.

[smooth]

So, how are things with Steemit .. smooth ? Maybe you can tell us a bit more about your ninja-mining
period with Steemit, so we can all learn from it.

The Steemit ninjamine, like the Dash instamine, was deceptive and I didn't support it. In fact I posted on their old thread about how I wasn't ever going to endorse the coin for this reason, and I haven't. Though, still, there are some differences: at least the Steemit devs were explicit about being deceptive and make absurd claims about it being an accident (oops!).

Crypto-coin development is one of the 5 hardest dev jobs on Earth. Those include: operating-systems (Windows, Linux), virtualization (VMware, VirtualBox), 3D games, Artificial Intelligence (A.I) and crypto-coins.

What you said is wrong on so many levels.
Firstly you pulled the "5 hardest dev jobs" out of your ass

Mostly true

There are some well understood metrics for difficulty of software development tasks and crypto coin dev is not extreme overall. It rates high on some difficulty metrics and low on others.

[NoiseBoy]

False analogy, every single example.

Bill Gates didn't premine Microsoft. He owned 100% of Microsoft, then he sold bits of it off. Extrapolate to all your examples. Then, examine your motivations.

[spartak_t]

Crypto-coin development is one of the 5 hardest dev jobs on Earth.

I kinda missed this... I'm not a dev, but with your logic my salary as VoIP (MVoIP, BVoIP, GVoIP, CVoIP - the whole alphabet) support at AT&T should be at least $10 million, because part of my job is to support 911 in the US. Nobody said its easy, but justify Dash approach this way is hilarious...

[ppc.pt]

I don't see any problem either. They premined... So what ?!? At that time the coin was probably worth shit.

Anyway if that really was a big issue the market would have decided. It clearly made its decision...

So the people criticising are probably the ones that normally don't get into these "boats", and just stay on the sidelines yelling for it to fall...

It can happen, but you already lost a big profit

[arielbit]

I don't see any problem either. They premined... So what ?!? At that time the coin was probably worth shit.

Anyway if that really was a big issue the market would have decided. It clearly made its decision...

So the people criticising are probably the ones that normally don't get into these "boats", and just stay on the sidelines yelling for it to fall...

It can happen, but you already lost a big profit

just look how qwizzie tried to make a different story of the past...that's where things get twisted and get called a "non-issue", they back it up by lies upon lies..

try to remove profit/value/worth/boat from the equation, you are just making the discussion murky...for me I'm just making the story straight and clean  

try to look at some critics accounts here...they've been here for quite a while, so if you're gonna make something up..expect a correction 

[ppc.pt]

try to remove profit/value/worth/boat from the equation, you are just making the discussion murky...for me I'm just making the story straight and clean  

Yes I try to remove "that"... And then I can remove all the rest I wrote...

[arielbit]

try to remove profit/value/worth/boat from the equation, you are just making the discussion murky...for me I'm just making the story straight and clean  

Yes I try to remove "that"... And then I can remove all the rest I wrote...

that is called STFU hehe..or looking at different angles.

go and buy DASH buddy..i prefer other boats 

[ppc.pt]

try to remove profit/value/worth/boat from the equation, you are just making the discussion murky...for me I'm just making the story straight and clean  

Yes I try to remove "that"... And then I can remove all the rest I wrote...

that is called STFU hehe..or looking at different angles.

go and buy DASH buddy..i prefer other boats 

Ah,ah,ah

[spartak_t]

Anyway if that really was a big issue the market would have decided. It clearly made its decision...

Dash is one of the most manipulated coins and its price has nothing to do with decisions made by the "free market". Its like telling to people that the "free market" has decided to multiply PinkCoin's market cap x8 in 4 days. Yeah, sure...

[ppc.pt]

Anyway if that really was a big issue the market would have decided. It clearly made its decision...

Dash is one of the most manipulated coins and its price has nothing to do with decisions made by the "free market". Its like telling to people that the "free market" has decided to multiply PinkCoin's market cap x8 in 4 days. Yeah, sure...

Ok it's not by the free market.. Then which government is intervening ?

[ahoenk]

the coin is several years old, the coin has big community and strong as well, instamine is just old issue, btw ottoh( one of bag holder of dark coin / dash ) become more rich now..hahahah

unfortunately i evwr get scammed with some one many dash i bought at $2

[smoothie]

Partial Instamine is a non-issue.

1. Bill Gates pre-mined Microsoft stocks.
2. Mark Zuckerberg pre-mined Facebook stocks.
3. Vitalik pre-mined Ethereum.
4. Crypto-coins are both digital gold and a stock.

I believe that creators need to have financial incentives to make their projects a success.

EDIT: Here a guy that wrote an article that Bitcoin is not a digital gold, but more like a company stock. Good read !
https://www.reddit.com/r/btc/comments/65ks6p/critical_misunderstanding_bitcoindigital_gold/

EDIT2: Even better would be, for the investors, is if creator pre-mines his coins, but uses a 5-year TIME LOCK transaction, so he can't dump it on the market. This will provide a long-term motivation to improve his creation. Pump-and-Dump out; Innovation in !

-Technologov

The big difference is that Evan claims Dash wasn't premined and also that he didn't mean to instamine it.

Bill Gates, Mark Z, etc all made it clear that what they would be selling would be "premined"

Evan didn't do that at the beginning...

he pretended it wasn't a problem...

if it isn't a problem then I guess that news will go away eventually right? 

It has been 3+ years so far...but eventually right ? lol

[Assman]

"Non-issue" 

Dude, you can't spell "scam" with D, A, S, and H

[Assman]

I think people forget Satoshi has 1mil BTC. Just 1/21 the entire total supply.

Satoshi's dead.  The supply is 1/21 smaller.

[pterodactyl]

The Dash instamine is partially responsible for the incredible rise of PIVX this past week and some of the other Dash Forks like Exclusive Coin. It definitely is not a "non-issue".

[dwgscale11]

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..

[dwgscale11]

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..

Tell my $1600 profit that and it would have been $3200 if I had waited to sell.

I never said you couldnt make money from the scam.. but the sell to greater fools is generally what is happening.  Some people win, most will lose.