[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[qwizzie]

I was thinking how I could possibly get the people in my class to listen to a presentation on Bitcoin and Dash, and realized it wasn't going to work.  They're not... I mean, I might as well be trying to sell scientology

Lets convert them !!

edit : eh, how many members do they have again ? I say we start with Tom Cruise... maybe a bit of Dash use in Mission Impossible 6 ?

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[smoothie]

looks to me like support is going to break...unless a whale comes to the rescue...

WoooW a legendary FUDDER

How is it FUD if my call actually materialized in what 2 hours after I posted the image?

It has come to this where many users of this thread instantly claim "TROLL!" or "FUDSTER!" if anything goes against their financial interests or we someone merely disagrees with them.

Very sad community here. 

[smoothie]

Rumour has it there is a large whale who is making a stand at 2 USD / ~0.0084 XBT.  

Not a rumour, Otoh has placed the dollar order on Cryptsy of around 21,000 Dash(posted way back, about it)
He will be happy to mop up the dumpers, and has been known to keep topping the order up on previous occasions and always kept to his word, I dare you to dare him  

The problem with this is even if Otoh does do what you say, if he is the only large whale keeping up the price...he is also the likely the only large whale that is keeping the price from dumping.

One person can't keep the price up nor down.

Sorry but that isn't how markets work (free ones that is - where you can view the order book).

[dEBRUYNE]

Rumour has it there is a large whale who is making a stand at 2 USD / ~0.0084 XBT.  

Not a rumour, Otoh has placed the dollar order on Cryptsy of around 21,000 Dash(posted way back, about it)
He will be happy to mop up the dumpers, and has been known to keep topping the order up on previous occasions and always kept to his word, I dare you to dare him  

What I am wondering about is why he is putting up this wall on the DASH/USD market, whereas the DASH/BTC market has way more volume. DASH had a relatively high volume day today (aggregate of all exchanges), but there is only $77 volume on the Cryptsy DASH/USD pair. Furthermore, I think a wall in that particular market isn't really going to work, since most dumpers want BTC anyway. I imagine it's quite a hassle to get your USD out of Cryptsy as well. Just curious about the reasoning behind this move.

[toknormal]

Just curious about the reasoning behind this move.

Decoupling from BTC by force of arbitrage.
 

[toknormal]

if he is the only large whale keeping up the price...he is also the likely the only large whale that is keeping the price from dumping

With clever deductions like that you might make president one day.

[TanteStefana2]

I was thinking how I could possibly get the people in my class to listen to a presentation on Bitcoin and Dash, and realized it wasn't going to work.  They're not... I mean, I might as well be trying to sell scientology

Lets convert them !!

edit : eh, how many members do they have again ? I say we start with Tom Cruise... maybe a bit of Dash use in Mission Impossible 6 ?

LOL, you know, that's not a bad idea! (mission impossible that is)  It's a high tech monetary unit for a high tech movie

[smoothie]

Let's take a trip down memory lane...

I'm seeing all sorts of stuff happening in the charts all at once, which is a great sign when you see a bunch of bullish formations at once. This is how I used to day trade for my firm back in the day. The general idea here is you go from the shortest time period, then you walk out to the longest. If you see bullish or bearish signals in all of the charts at once, it's quite meaningful. Here's what I'm seeing:

On the really short term chart, there's a triple top:



Moving averages are crossing as we speak, so momentum is changing from negative to positive:


If you step out a bit, It looks like we're going to cross in a couple days, for a much more meaningful MA


If we break above 0.011, I believe this was a false breakdown


When trading, there's also a couple other things to consider:
- The order book on the buy side, which is quite nice.
- Then there's the fundamental side for the trade (https://www.youtube.com/watch?v=0GACaNvBlwc, The budget system and governance system? Plus everything we're about to do)
 
Away, that was fun.... back to coding

[Rio-Norte]

I mean, I might as well be trying to sell scientology

That is a more valid comparison than you think. 

Any technology that enables personal freedom is ALWAYS hard to sell because:

a) Like DASH, scientology is only a tool, and requires hard work and dedication to actually better your situation.  Most people want to buy the means to be LAZY, not to be productive. Socialism and centralization are always easy to sell because people are afraid of personal responsibility and would rather get free stuff and let other people make decisions for them.

b) You're constantly fighting against propaganda.  The establishment sees these tools as a threat because they enable individuals to become more independantly strong, which lessens their power.  Thus, a freedom-oriented technology is always bombarded by a litany of establishment-funded nasty smear campaigns.  See stan.distortion's excellent post on this just a page or two back.   https://bitcointalk.org/index.php?topic=421615.msg12588945#msg12588945

The powers that be are well-served by keeping their populace unarmed, irresponsible and uder-educated about personal liberty.   If anything new comes up that threatens their well being, you can count on them demonizing it, making it pretty much impossible to sell. 

Pretty much all you can do is build the tool and make it readily accessible for free-thinking people who do their own research instead of dismissing it based on propaganda.  The number of bitcoin outsiders who think cryptocurrency is purely an evil tool for terrorists and drug dealers and pornographers is gradually shrinking, just as the number of scientologists is gradually growing.   

You can't effectively market to the masses because they've already drunk the uber-delicious establishment coolaid, but if you make your tool the best it can be so that when people actually try it with an open mind and see its benefit, the "follower" types will eventually get curious and learn for themselves.

[welcomeAboard]

I mean, I might as well be trying to sell scientology

That is a more valid comparison than you think. 

Any technology that enables personal freedom is ALWAYS hard to sell because:

a) Like DASH, scientology is only a tool, and requires hard work and dedication to actually better your situation.  Most people want to buy the means to be LAZY, not to be productive. Socialism and centralization are always easy to sell because people are afraid of personal responsibility and would rather get free stuff and let other people make decisions for them.

b) You're constantly fighting against propaganda.  The establishment sees these tools as a threat because they enable individuals to become more independantly strong, which lessens their power.  Thus, a freedom-oriented technology is always bombarded by a litany of establishment-funded nasty smear campaigns.  See stan.distortion's excellent post on this just a page or two back.   https://bitcointalk.org/index.php?topic=421615.msg12588945#msg12588945

The powers that be are well-served by keeping their populace unarmed, irresponsible and uder-educated about personal liberty.   If anything new comes up that threatens their well being, you can count on them demonizing it, making it pretty much impossible to sell. 

Pretty much all you can do is build the tool and make it readily accessible for free-thinking people who do their own research instead of dismissing it based on propaganda.  The number of bitcoin outsiders who think cryptocurrency is purely an evil tool for terrorists and drug dealers and pornographers is gradually shrinking, just as the number of scientologists is gradually growing.   

You can't effectively market to the masses because they've already drunk the uber-delicious establishment coolaid, but if you make your tool the best it can be so that when people actually try it with an open mind and see its benefit, the "follower" types will eventually get curious and learn for themselves.

Nice first post. Thanks!

[TanteStefana2]

Maybe I should have used door to door encyclopedias as my example

Anyway, it is always going to be a small section of the population that protects everyone from a run amok governing body.  And if that group of people don't step up to the plate, you have terrible things happen, such as Nazi Germany, Stalin, etc...  And once they have you, good luck getting your freedoms back. 

So even so we're here to improve the world, we can't expect everyone to care.  We just need to make sure enough people understand and care   I haven't given up on my class, but I realize I need to find a way to approach and slowly bring up the idea when it fits in.  Hopefully I'll figure it out ;P

[ArticMine]

Rumour has it there is a large whale who is making a stand at 2 USD / ~0.0084 XBT.  

Not a rumour, Otoh has placed the dollar order on Cryptsy of around 21,000 Dash(posted way back, about it)
He will be happy to mop up the dumpers, and has been known to keep topping the order up on previous occasions and always kept to his word, I dare you to dare him  

What I am wondering about is why he is putting up this wall on the DASH/USD market, whereas the DASH/BTC market has way more volume. DASH had a relatively high volume day today (aggregate of all exchanges), but there is only $77 volume on the Cryptsy DASH/USD pair. Furthermore, I think a wall in that particular market isn't really going to work, since most dumpers want BTC anyway. I imagine it's quite a hassle to get your USD out of Cryptsy as well. Just curious about the reasoning behind this move.

It comes down to not wishing an exposure to Bitcoin. If one considers the current situation with the blocksize debate and turmoil in the Bitcoin community it makes a lot of sense. It also has the advantage of decoupling Dash from Bitcoin, which also makes a lot of sense. Bitcoin in my opinion has two very serious issues:
1) There is no clear way for how a market for fees will develop after the emission runs out. This could actually be fatal.
2) There is no real solution to the blocksize issue that has been proposed. I suspect the reason for this is related to 1.
The question in my mind for Dash is: Will there be a solution for 1) and / or 2) above in the proposed announcement next Wednesday?

[TanteStefana2]

It comes down to not wishing an exposure to Bitcoin. If one considers the current situation with the blocksize debate and turmoil in the Bitcoin community it makes a lot of sense. It also has the advantage of decoupling Dash from Bitcoin, which also makes a lot of sense. Bitcoin in my opinion has two very serious issues:
1) There is no clear way for how a market for fees will develop after the emission runs out. This could actually be fatal.
2) There is no real solution to the blocksize issue that has been proposed. I suspect the reason for this is related to 1.
The question in my mind for Dash is: Will there be a solution for 1) and / or 2) above in the proposed announcement next Wednesday?

Good question.  All I know is that Evan wanted to introduce and explain things, not all at once, so probably not everything at the Bitcoin Wednesday meetup.  He said he wants to go through everything before releasing the white papers.  I'm not sure why, but I'm guessing to have people follow his train of thought (and maybe he still wants some feedback?)  And finally, he has hinted that block size will not be an issue, and that we will be able to have all Dash anonymous without bloating the blockchain and that DarkSend will soon be obsolete.

This must, in my opinion, require an overhaul, but what do I know?  I'm dying to know the secrets though!   

[iCEBREAKER]

Now that the SEC is done with their preliminary actions against Gemcoin, I would hope they are competent enough to put Dash next in their sights.

Who wants to bet Evan Scamfield will do a Josh Garza style runner to Dubai, when he feels the heat around the corner?

Even for an accomplished snake oil salesman like Evan, painting such a rosy picture (based on mere homespun TA) for potential investors is beyond the Pale.

I can't wait until their stupid bamboo "Evolution" thingy is unveiled.  Short the rumor; short the news!   

Let's take a trip down memory lane...

I'm seeing all sorts of stuff happening in the charts all at once, which is a great sign when you see a bunch of bullish formations at once. This is how I used to day trade for my firm back in the day. The general idea here is you go from the shortest time period, then you walk out to the longest. If you see bullish or bearish signals in all of the charts at once, it's quite meaningful. Here's what I'm seeing:

On the really short term chart, there's a triple top:



Moving averages are crossing as we speak, so momentum is changing from negative to positive:


If you step out a bit, It looks like we're going to cross in a couple days, for a much more meaningful MA


If we break above 0.011, I believe this was a false breakdown


When trading, there's also a couple other things to consider:
- The order book on the buy side, which is quite nice.
- Then there's the fundamental side for the trade (https://www.youtube.com/watch?v=0GACaNvBlwc, The budget system and governance system? Plus everything we're about to do)
 
Away, that was fun.... back to coding

[Jestah]

Based on the FUD..... time to buy.

[iCEBREAKER]

Based on the FUD..... time to buy.

That's what your cult leader said 2 1/2 weeks ago.  How did that work out for you?   

But please, by all means keep the faith and increase your bag-holdings.

Soon enough, we'll see the sequel to the Gemcoins movie.

Here's a sneak preview of the script.

***WARNING***   ***SPOILERS***

"We allege that the defendants' false claims of riches that investors would realize from Dash's Masternode activity never materialized," SEC Los Angeles Regional Office director Michele Wein Layne said in announcing the charges on Friday.

"In reality, as alleged in the complaint, the defendants were operating a fraudulent pyramid scheme that left many investors with nothing."

The Dash site appears to have since been taken offline as all pages redirect to a "down for maintenance" screen.

The SEC has filed charges including unregistered sale of securities, fraud in the sale of securities, and fraud in connection with the purchase and sale of securities.

[flailing Junk]

When will we find out the content of the bitcoinwednesday thing?

[noobtrader]

another new fud

if within this year, your fud doesnt happen would you mind fudding other coin which is an actual scam coin by scam dev ?

because i never see you fudding real scam coin which now dead, why ? are you paid by them scam coin dev ?

[tungfa]

When will we find out the content of the bitcoinwednesday thing?

Wed ?!
 

[tungfa]

Olla Brazil

https://www.youtube.com/watch?v=3OECqdXbHgY&feature=youtu.be

+
What is Dash video
hit
10k views !!
https://www.youtube.com/watch?v=0GACaNvBlwc