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

[Lukas_Jackson]

...when he started he was allright...

Yep, my impressions as well.
He is now annoying and provocative as hell. Plus he's everywhere. I totally forgot in all this spam coming from him what he is all about  
I don't care about him now and he's so close to being ignored. He is already ignored by half of the community.
Spam more if your feel so important mr thedashguy and nobody will listen to you.

[Salkenex]

If you like charts, get the popcorn out and start munching to this lot from Mike Maloney.

So Toknormal, what's your take on what Maloney is saying? Clearly he believes something major is getting ready to happen but he doesn't know what it is nor does he suggest what anyone should do. Is this that sign to pull everything out of financial institutions (banks, stocks, etc) and hold precious metal or, in our case, hold Dash and/or Bitcoin?

[oaxaca]

WorldMap with Merchants accepting DASH

http://178.254.18.153/~pub/Dash/Merchants_Map.html



tx crowning, you rock

Edit:
Want to be a listed Dash Merchant ?
please post here:
https://dashtalk.org/forums/merchant-directory.46/
and you will be added to the listing
tx

Phone recharge company that is operating in poland, is shown to be in the middle of the ocean...

This is a common problem with mapping applications.  The data has zeros for latitude and longitude.  The map can only display what the data tells it to.  Computers are dumb frequently.

[tungfa]

Computers are dumb frequently.

Whaaat
they sold me mine as super smart !
I think i have to return that thing right away 

[oaxaca]

Computers are dumb frequently.

Whaaat
they sold me mine as super smart !
I think i have to return that thing right away 

You have an ithing, right?  Yes, you should return it.  This one runs a real operating system and is only $9 USD.

http://getchip.com/

[tungfa]

Computers are dumb frequently.

Whaaat
they sold me mine as super smart !
I think i have to return that thing right away  

You have an ithing, right?  Yes, you should return it.  This one runs a real operating system and is only $9 USD.

http://getchip.com/

god dammit
they never said i could get a banana do the same thing like my bloody Mac for 700 US$
 

[ddink7]

Computers are dumb frequently.

Whaaat
they sold me mine as super smart !
I think i have to return that thing right away 

You have an ithing, right?  Yes, you should return it.  This one runs a real operating system and is only $9 USD.

http://getchip.com/

I disagree. This: http://www.totalgeekdom.com/?p=3676

#winning

[Sub-Ether]

Cough mintpal splutter seperate investigation sneeze darkcoin ouch mullered scam Cough
http://www.dailydot.com/politics/dogecoin-moolah-alex-green-ryan-kennedy-rape-accusation/

[toknormal]

If you like charts, get the popcorn out and start munching to this lot from Mike Maloney.

So Toknormal, what's your take on what Maloney is saying? Clearly he believes something major is getting ready to happen but he doesn't know what it is nor does he suggest what anyone should do. Is this that sign to pull everything out of financial institutions (banks, stocks, etc) and hold precious metal or, in our case, hold Dash and/or Bitcoin?

I haven't had any significant money in a bank for a couple of years now. Just use them for transit.

As far as I can see, the essence of the problem is this:

[1] - most of the fiat money supply is backed by debt of one sort or another

[2] - much or most of that debt is secured over assets of various grades (for example, when the bank issues a mortgage, it creates new money which is backed by your promise to work your a*ss off for 25 years. However just in case you don't they secure it on the value of your property so they become the owners in case you fail to pay)

[3] - whats starting to happen in the world economy is that that asset base is beginning to shrink

Think of it like this. The Dash network has 3500 masternodes. Each of those needs 1000 Dash of collateral to stay on. If the Dash money supply started to magically "shrink" - i.e. 1 Dash overnight turned into 0.9 Dash in a kind of Cinderella hardfork, then the next morning all the masternodes would have gone and we'd have to quickly consolidate 10% of the money supply to get some of them back up and running. (Or Evan would have to do a quick rewrite of the rules to make it ok to only have 900 Dash instead of 1000 which would equate to a debt write off in my little analogy).

This is what's happening in the world economy. Debt is masternodes and asset prices are the collateral. Debt is staying the same but the asset values propping it up are shrinking. The equivalent of a worldwide margin call is then in effect but since there isn't enough collateral to go round defaults must ensue.

That's ok up to a point (which nobody knows where is) but if defaults get too prolific then confidence starts to crater. That's your Weimar scenario.

So the sequence is: Excess Debt --> Drag on Growth --> Deflation --> Defaults --> Loss of Confidence --> Hyper Inflation --> End

So I think Mike Maloney is right in principle. What nobody knows is is where we are in the "dance". He's alluding to the fact that there is something blowing up under the hood of the world economy - who knows. The thing about these things - as he points out - is that nobody knows about it until it's arrived because if "they" told us anything meaningful they'd just be bringing about a self fulfilling prophecy triggered by massive bank runs so no official pronouncements can ever afford to tell the truth.


EDIT: Freaky !

A moment after posting that I get this:



Maybe Mike Malloney's onto something after all.   (Or maybe I just haven't paid my hosting bill    )

[GhostPlayer]

EDIT: Freaky !

A moment after posting that I get this:



Maybe Mike Malloney's onto something after all !   (Or maybe I just haven't paid my hosting bill    )

 hahahaha!!! That did made me laugh! 

 Good one tok, love reading your thoughts

[toknormal]

Mike Malony just posted another bunch of chart commentaries in the last couple of hours.

LoL ! Obama comes out to make statement on how great the economy's doing.....Nasdaq dumps to -3%.

Doesn't matter what they say or do any more. All compasses point south.

[toknormal]

Dash heading for another massive price rise.

[Honest Tim]

Dash heading for another massive price rise.

Do we get any more, or do we have to beg? 

[wozzek23]

Dash heading for another massive price rise.

Do we get any more, or do we have to beg?  

Beginning's working

[toknormal]

Dash heading for another massive price rise.

Do we get any more, or do we have to beg?  

I haven't got a crystal ball unfortunately. General wind direction.

 • All charts up to the the 1-day have worked through their momentum corrections.

 • The "big news" events all finished and we didn't get a dump.

 • On balance volume on longer term charts all subtly positive - even where the momentum has still to correct such as 1-day.

 • About 50,000 Dash has been moved from currency to reserve market in the last 10 days.

 • Despite that, static demand on exchanges is 3 times in relative terms what it was prior to the last jump from 0.06 to 0.01. In absolute terms it's 5-6 times. ("Relative means" that demand for Dash quantity at this high price is 3 times what it was at the low price. Actual demand in terms of BTC value is 5-6 times).

 • Community is hyperactive with actual grass roots strategic activity. Blockchain budget has no shortage of applicants and core development is ploughing into roadmap.

 • 1-day chart has squeezed the valuation into a nice symmetrical triangle, so could go up or down form here. But given the above I wouldn't be selling and judging by the growing reserve market, that isn't anyone else's idea either.

 • General wind direction.

Could be wrong. At least iCEBREAKER will have some new mockery-material to play with if I am  

....oops ! Forgot. and bitcoin's sold out to blockstream. So that leaves Dash as the only non-corporate, unified service & clearing, bitcoin compatible, pure currency investment alternative in the top 20. Bitcoin has vacated the space it was in and Dash is standing facing an open goal.

[Honest Tim]

Awesome sauce! Disappoint you do not.

Retweeted >> Dash Dachshund @Taooftok

[kointrend]

Dash heading for another massive price rise.

Do we get any more, or do we have to beg?  

I haven't got a crystal ball unfortunately. General wind direction.

 • All charts up to the the 1-day have worked through their momentum corrections.

 • The "big news" events all finished and we didn't get a dump.

 • On balance volume on longer term charts all subtly positive - even where the momentum has still to correct such as 1-day.

 • About 50,000 Dash has been moved from currency to reserve market in the last 10 days.

 • Despite that, static demand on exchanges is 3 times in relative terms what it was prior to the last jump from 0.06 to 0.01. In absolute terms it's 5-6 times. ("Relative means" that demand for Dash quantity at this high price is 3 times what it was at the low price. Actual demand in terms of BTC value is 5-6 times).

 • Community is hyperactive with actual grass roots strategic activity. Blockchain budget has no shortage of applicants and core development is ploughing into roadmap.

 • 1-day chart has squeezed the valuation into a nice symmetrical triangle, so could go up or down form here. But given the above I wouldn't be selling and judging by the growing reserve market, that isn't anyone else's idea either.

 • General wind direction.

Could be wrong. At least iCEBREAKER will have some new mockery-material to play with if I am  

....oops ! Forgot. and bitcoin's sold out to blockstream. So that leaves Dash as the only non-corporate, unified service & clearing, bitcoin compatible, pure currency investment alternative in the top 20. Bitcoin has vacated the space it was in and Dash is standing facing an open goal.

https://www.youtube.com/watch?v=n4RjJKxsamQ

[toknormal]

Awesome sauce! Disappoint you do not.

I think you'd better wait for the market to disappoint or otherwise. I can only report observations.  

[Salkenex]

Awesome sauce! Disappoint you do not.

I think you'd better wait for the market to disappoint or otherwise. I can only report observations.  

 

This may be showing my age, but...

I see toknormal as E.F. Hutton. And as the old commercial used to say "When E.F. Hutton talks, people listen"

https://www.youtube.com/watch?v=2MXqb1a3Apg

[bigrcanada1]

Ok...I might be repeating myself.  BUT i'm getting no where with getting hold of the mods on this forum.  Does anyone have any way of connecting with the mod team to unban my main account?  Any help would be much appreciated.   Thanks.

Richard