qwizzie
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Activity: 2548
Merit: 1245
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February 06, 2016, 03:36:39 PM |
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So thats that then? The inaugural edition of the TokCast is confirmed? BRILLIANT!!  I'll tell my circle of internet buddies. Tao, you know what to do. you go. Just paste it all in there for instant results  i recommend using Chipmunk as voice 10 more MNs and we are back to ATH ! make that 8 |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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eduffield (OP)
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Activity: 1176
Merit: 1036
Dash Developer
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February 06, 2016, 05:18:35 PM |
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Hello! The budget system was finalized and at the time these three proposals were not established (All three were submitted too late). Budgets must be submitted at least 24 hours before the budget system in finalized. This means they must be submitted 3 days before the budgets are paid out. v12.1 Improvements: - I am going to add some warnings to v12.1 when you add a proposal to let the proposer know they should move the budget proposal to the next month if they're within that finalization period. - We also need to vote on if we want to support contracts in the new system, I'll put a proposal up before I begin work on that next week Sorry for the confusion, but it's not a bug, everything is working great |
Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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busterzzz
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February 06, 2016, 05:33:11 PM |
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Hello! The budget system was finalized and at the time these three proposals were not established (All three were submitted too late). Budgets must be submitted at least 24 hours before the budget system in finalized. This means they must be submitted 3 days before the budgets are paid out. v12.1 Improvements: - I am going to add some warnings to v12.1 when you add a proposal to let the proposer know they should move the budget proposal to the next month if they're within that finalization period. - We also need to vote on if we want to support contracts in the new system, I'll put a proposal up before I begin work on that next week Sorry for the confusion, but it's not a bug, everything is working great Thank you for the explanation. One more question. The Wifi Portal seems to have received 200 DASH. http://explorer.dashninja.pl/address/XmTZLAEJYWBbrKRxfosSzacVPpoaHaBNsU Does that mean it was funded then? I guess the lesson I learned here is not to trust all these websites that post this budget information. |
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afbitcoins
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Activity: 2101
Merit: 1061
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February 06, 2016, 05:51:36 PM |
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Good to see the soda machine guys getting some reward.
I'm still hung up on the volatility of exchange rates, for example Dash.org will be more than paid off by 'very' large amount if I'm not mistaken. Don't know what the answer is but it seems quite serious. How can we avoid paying far too much or underfunding far too much. We have to be honest Dash price is nowhere near stable
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Minotaur26
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Activity: 1092
Merit: 1000
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February 06, 2016, 06:05:28 PM
Last edit: February 06, 2016, 06:37:27 PM by Minotaur26 |
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Good to see the soda machine guys getting some reward.
I'm still hung up on the volatility of exchange rates, for example Dash.org will be more than paid off by 'very' large amount if I'm not mistaken. Don't know what the answer is but it seems quite serious. How can we avoid paying far too much or underfunding far too much. We have to be honest Dash price is nowhere near stable
I think the system works fine... if the price is going up we are all winning. For example I funded my part of the dash.org purchase with Dash money and I very much want my Dash back. The only reason why it was split up into a few payments is not to occupy the whole budget for that and leave space for other things. If you start punishing sponsors then no one would want to help with larger investments that come up every once in a while. Plus it was a very unique opportunity... Can you imagine going back to dashpay.io now? We have made so much progress on SEO for the "dash" keyword since we switched and is a way better domain for the project. |
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GhostPlayer
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Activity: 1092
Merit: 1000
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February 06, 2016, 06:10:33 PM |
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Good to see the soda machine guys getting some reward.
I'm still hung up on the volatility of exchange rates, for example Dash.org will be more than paid off by 'very' large amount if I'm not mistaken. Don't know what the answer is but it seems quite serious. How can we avoid paying far too much or underfunding far too much. We have to be honest Dash price is nowhere near stable
The simple answer is to burn the excess, if there is any. Because who on earth knows where the price will be in a month's time. |
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GhostPlayer
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Activity: 1092
Merit: 1000
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February 06, 2016, 06:53:54 PM |
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But then again, if it was pre-payed that is not fair either.
If one liquidates Dash when it was cheaper, you end up selling more Dash than you recoup later at a higher value. That is really unfair!
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Minotaur26
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Activity: 1092
Merit: 1000
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February 06, 2016, 07:02:53 PM |
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But then again, if it was pre-payed that is not fair either.
If one liquidates Dash when it was cheaper, you end up selling more Dash than you recoup later at a higher value. That is really unfair!
I think the key is to keep it in Dash and let the people take the volatility. I think we forget that for long periods of time last year Dash was in a downtrend. So for example it happened to me before that I would fund a certain initiative with X amount of Dash and then the price will go down and by the time I recover the exact same amount of Dash back the FIAT equivalent was less. So should I have gotten more Dash to match the FIAT equivalent of when I funded the DASH? My answer was no, I am happy with getting the same amount of DASH because I am long in the project. So I think the same applies the other way around people should get the same amount of Dash they initially agreed even if the price is going up. That creates network effects and everyone wins when the price goes up. For example, and this is just hypothetical lets say Coinbase requires a 10K DASH payment ahead of time to integrate Dash to their service. But we decide to split it up in 6 payments not to clutter the budget space. Then when the news is announced the price of Dash rallies. Does that mean that by the 4th month we are going to start saying we should not be paying Coinbase their full 10K because the price went up? Of course not, we need to pay our full agreement, that is how business works, and people making money with us is a good thing. After 6 months Coinbase would be paid, we kept our word and our reputation and we have a way larger budget to work with. That is just my opinion of course, but I feel strongly about it. |
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ddink7
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Activity: 1120
Merit: 1000
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February 06, 2016, 07:18:50 PM |
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Sorry. The core team extra fucked the wifi portal and anarchopolca, there was never any extra funds. Sucks that happened cause now all three didn't get paid.
Way to jump to conclusions... Thank you Evan for providing the correct answer! |
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GhostPlayer
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Activity: 1092
Merit: 1000
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February 06, 2016, 07:31:13 PM |
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I think the key is to keep it in Dash and let the people take the volatility. I think we forget that for long periods of time last year Dash was in a downtrend. So for example it happened to me before that I would fund a certain initiative with X amount of Dash and then the price will go down and by the time I recover the exact same amount of Dash back the FIAT equivalent was less. So should I have gotten more Dash to match the FIAT equivalent of when I funded the DASH? My answer was no, I am happy with getting the same amount of DASH because I am long in the project.
So I think the same applies the other way around people should get the same amount of Dash they initially agreed even if the price is going up. That creates network effects and everyone wins when the price goes up.
For example, and this is just hypothetical lets say Coinbase requires a 10K DASH payment ahead of time to integrate Dash to their service. But we decide to split it up in 6 payments not to clutter the budget space. Then when the news is announced the price of Dash rallies. Does that mean that by the 4th month we are going to start saying we should not be paying Coinbase their full 10K because the price went up? Of course not, we need to pay our full agreement, that is how business works, and people making money with us is a good thing. After 6 months Coinbase would be paid, we kept our word and our reputation and we have a way larger budget to work with. That is just my opinion of course, but I feel strongly about it.
Totally on the same page! I mean exactly the opposite. For example dash.org. Someone, or group, payed upfront 20k for the premium domain. My guess is probably some Dash were liquidated. So lets imagine you liquidated 5k USD @ 3,2 ... Months later, you get payed back 5k USD @4.2 ... totally unfair. |
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BusterNutBag
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Activity: 96
Merit: 10
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February 06, 2016, 07:45:02 PM |
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I think the key is to keep it in Dash and let the people take the volatility. I think we forget that for long periods of time last year Dash was in a downtrend. So for example it happened to me before that I would fund a certain initiative with X amount of Dash and then the price will go down and by the time I recover the exact same amount of Dash back the FIAT equivalent was less. So should I have gotten more Dash to match the FIAT equivalent of when I funded the DASH? My answer was no, I am happy with getting the same amount of DASH because I am long in the project.
So I think the same applies the other way around people should get the same amount of Dash they initially agreed even if the price is going up. That creates network effects and everyone wins when the price goes up.
For example, and this is just hypothetical lets say Coinbase requires a 10K DASH payment ahead of time to integrate Dash to their service. But we decide to split it up in 6 payments not to clutter the budget space. Then when the news is announced the price of Dash rallies. Does that mean that by the 4th month we are going to start saying we should not be paying Coinbase their full 10K because the price went up? Of course not, we need to pay our full agreement, that is how business works, and people making money with us is a good thing. After 6 months Coinbase would be paid, we kept our word and our reputation and we have a way larger budget to work with. That is just my opinion of course, but I feel strongly about it.
Totally on the same page! I mean exactly the opposite. For example dash.org. Someone, or group, payed upfront 20k for the premium domain. My guess is probably some Dash were liquidated. So lets imagine you liquidated 5k USD @ 3,2 ... Months later, you get payed back 5k USD @4.2 ... totally unfair. Totally NOT unfair... If you want to work in fiat - you might be in the wrong place. and I'm pretty sure you wouldn't be taking this point of view if it benefited you.... That person that made the DASH.ORG purchase took a HUGE risk......... |
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bertlebbert
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February 06, 2016, 07:47:10 PM |
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Totally on the same page! I mean exactly the opposite. For example dash.org. Someone, or group, payed upfront 20k for the premium domain. My guess is probably some Dash were liquidated. So lets imagine you liquidated 5k USD @ 3,2 ... Months later, you get payed back 5k USD @4.2 ... totally unfair. As I understand it, based on Dash price at time domain was acquired, the amount being reimbursed is 4 x 2100 coins... Edit: so it in this case, it works out fine for the proposal owner (who took the risk)... as it should  |
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Minotaur26
Legendary
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Activity: 1092
Merit: 1000
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February 06, 2016, 07:50:28 PM |
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I think the key is to keep it in Dash and let the people take the volatility. I think we forget that for long periods of time last year Dash was in a downtrend. So for example it happened to me before that I would fund a certain initiative with X amount of Dash and then the price will go down and by the time I recover the exact same amount of Dash back the FIAT equivalent was less. So should I have gotten more Dash to match the FIAT equivalent of when I funded the DASH? My answer was no, I am happy with getting the same amount of DASH because I am long in the project.
So I think the same applies the other way around people should get the same amount of Dash they initially agreed even if the price is going up. That creates network effects and everyone wins when the price goes up.
For example, and this is just hypothetical lets say Coinbase requires a 10K DASH payment ahead of time to integrate Dash to their service. But we decide to split it up in 6 payments not to clutter the budget space. Then when the news is announced the price of Dash rallies. Does that mean that by the 4th month we are going to start saying we should not be paying Coinbase their full 10K because the price went up? Of course not, we need to pay our full agreement, that is how business works, and people making money with us is a good thing. After 6 months Coinbase would be paid, we kept our word and our reputation and we have a way larger budget to work with. That is just my opinion of course, but I feel strongly about it.
Totally on the same page! I mean exactly the opposite. For example dash.org. Someone, or group, payed upfront 20k for the premium domain. My guess is probably some Dash were liquidated. So lets imagine you liquidated 5k USD @ 3,2 ... Months later, you get payed back 5k USD @4.2 ... totally unfair. Totally NOT unfair... If you want to work in fiat - you might be in the wrong place. and I'm pretty sure you wouldn't be taking this point of view if it benefited you.... That person that made the DASH.ORG purchase took a HUGE risk......... I think all 3 of us are making the same point. Ghostplayer means it would be unfair not to pay the same amount of Dash. |
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BusterNutBag
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Activity: 96
Merit: 10
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February 06, 2016, 08:09:32 PM |
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Yes - I am talking DASH for DASH
If I tell Ghost I'll pay him 5 DASH a month for 12 months - and he agrees - then it is what it is
5 DASH a month - no matter what the cost is to me....
$4 USD
$10 USD
or
$0.50 USD
That is my burden
Still gonna be 5 DASH per month
That is COMPLETELY FAIR!!
...because that is what the agreement was...
If we agreed on $5USD in DASH every month than he would get a fluctuating amount of DASH each month....
This isn't rocket science -
Make and agreement and stick to it - simple
If you don't like that the future could hold $10 DASH per coin - stop voting for proposal that are longer than you can see into the future...
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Lukas_Jackson
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February 06, 2016, 08:51:23 PM |
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[conspiracy] Maybe bigvern wanted to liquidate big amount of shitcoins in craptsy's possession. Went to China, hook up with btc38, faked volume and cashed out Happy days [\conspiracy] |
It is easier to be an aggressive victim than to be a free man.
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julian071
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February 06, 2016, 09:04:04 PM |
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Is the .onion site down or is it just me?
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=P
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Financisto
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February 06, 2016, 09:39:15 PM |
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I tried to run Electrum-dash installed on Debian (Tails OS) but I had no success with my tests.
I've downloaded the last binary "Electrum-DASH-2.4.1_Linux_x86_64-Installer.bin", I've installed it successfully though it doesn't run on Tails 2.0 (32-bit Debian/Linux).
I've also tried installing from master downloaded from Github repository. Nothing worked...
Does anyone here did it right and knew the way?
Electrum-BTC is now working in TAILS 2.0 .. it is out, not Beta. I did my best to encourage development of Electrum-Dash for TAILS, but got no traction from out devs - the guys are overworked anyways! Moocowmoo actually ran some quick tests but didn't get far. It was the TAILS guys who fixed Electrum-BTC to work for TAILS, so we're not really behind. We're on the most current Electrum branch 2.4 (I believe) TAILS 2 in now Debian Jessie based, so you'd need to compile from source and have all libs worked out. Look at me, it almost looks like I know what I'm talking about lool Electrum-BTC is working in Tails 2.0 as default Bitcoin wallet for that OS. I've also tested Electrum-LTC and it works fine too... All of them connecting through TOR without any problem. Only Dash version is left by now... |
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toknormal
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Activity: 3066
Merit: 1188
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February 06, 2016, 09:49:42 PM
Last edit: February 06, 2016, 10:13:43 PM by toknormal |
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For example, and this is just hypothetical lets say Coinbase requires a 10K DASH payment ahead of time to integrate Dash to their service. But we decide to split it up in 6 payments not to clutter the budget space. Then when the news is announced the price of Dash rallies. Does that mean that by the 4th month we are going to start saying we should not be paying Coinbase their full 10K because the price went up? Of course not Society has already met this problem - using risk assets as currency for medium term contracts in a dynamic economy - and discovered it didn't work (for the same reasons as Dash is finding it doesn't work). Why not just fast forward to the obvious solution that's already in use by the rest of the human race - Dash futures. That's what futures are for. No manufacturing company in existence (at least any that exports their products) would ever have survived without such derivatives. It's the price you have to pay for using a risk asset as money. (Or at least find some equivalent that's appropriate to the problem at hand). Surely the marketcap's big enough by now for it to be worthwhile for some 3rd party to deliver such a product. (Dare I say 'financial instrument' ?  ) All it needs is a party who can broker two sides - one that takes the long side and another that takes the short side. What comes out of the conjugate is a future derivative that can be issued to the blockchain budget applicant which has a stable value regardless of the volatility between Dash/BTC or Dash/USD. (P.S. in case anyone thinks that's an ambitious plan, it isn't. There are plenty of takers for both sides - just look at any order book on any Dash exchange). (P.P.S. Why do manufacturing companies [like car manufacturers] in particular use derivatives ? For the exact same reason that Dash budget is discovering: they budget based on current prices but it takes 6 months to get their product into the market. They need everything to come in on budget - even if the price of aluminium tanks or pumps during that time. So they fix ALL their prices, both selling and purchasing at the start of the contract cycle using derivatives. That way both contractors and customers are happy. Without derivatives there's always a loser).   |
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ra_pl
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Activity: 251
Merit: 10
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February 06, 2016, 10:12:43 PM |
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T-shirt Dash  |
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