TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 26, 2016, 08:00:23 AM |
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--- DASH TECH FEATURED AT EXMO, PLEASE MOVE YOUR TRADING FROM POLONIEX! ---https://exmo.comAn improved trading experience awaits Dash traders:http://youtu.be/40n6joIOkVgIf you care about Dash, please move your trading to https://exmo.com. They are supporting Dash technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.
Plus, the site is pretty slick!
Thanks and please bump,
Tao
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splawik21
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DASH is the future of crypto payments!
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February 26, 2016, 08:07:59 AM |
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--- DASH TECH FEATURED AT EXMO, PLEASE MOVE YOUR TRADING FROM POLONIEX! ---https://exmo.comAn improved trading experience awaits Dash traders:http://youtu.be/40n6joIOkVgIf you care about Dash, please move your trading to https://exmo.com. They are supporting Dash technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.
Plus, the site is pretty slick!
Thanks and please bump,
Tao 1st bump same page
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 26, 2016, 08:09:12 AM |
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Knew I could count on you, man!
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splawik21
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DASH is the future of crypto payments!
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February 26, 2016, 08:20:43 AM |
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Knew I could count on you, man! Always. I love to see the first exchange which uses the DASH features & I have the positive experience with them so far...
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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TanteStefana2
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February 26, 2016, 09:26:50 AM |
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I just want to remind Masternode owners (and community members) that there are currently 2 proposals that need your attention. The first is making a Dash to fiat service like coinbase in order to bring in merchants, and the other is a very complex to understand proposal that deserves deep thought, as it could possibly solve the difficulties of lending funds in a volatile marketplace. I can't say yet which way to vote, but certainly, these are serious proposals and they deserve serious thought. Thank you for looking and engaging: https://dashtalk.org/threads/budget-proposal-dash-to-fiat-payment-processor.8110/and https://dashtalk.org/threads/budget-proposal-proof-of-labour.8108/The second one is so hard for me to wrap my head around, and the language barrier isn't helping, however, it certainly seems very interesting and deserves deep thought. Thanks! Also see discussions on Dashwhale.com
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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patrolman
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February 26, 2016, 12:47:31 PM Last edit: February 26, 2016, 01:07:50 PM by patrolman |
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I forked a bitcoin QR code generator a while ago and modified it for Dash. It now has a dedicated domain name ( https://dashqr.org/) and I finally got around to uploading the site and getting an SSL certificate for the new domain yesterday. Everything seems to be working as it should, hopefully it can be of use to some of you. Donations are most welcome, the address can be found on the site.
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ddink7
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February 26, 2016, 02:01:17 PM |
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To double the nodes is impossible at this point (more coins than now exists) and don't you think something might happen to the price along the way? The rise in valuation would be insane and there's no liquidity in the markets anyway, both factors limiting what an attacker could buy.
And the benefits would be hard to see, beyond saying that it would be "broken" in that case, but no REAL damage to the network. Whether or not the previous probabilities are correct, the system has been designed to make sure that bad actors can't hurt Dash.
To add 3500 new nodes yes you're right there is not enough supply, as of right now. However some of that money could easily be used to buy off current MN owners instead of creating new ones, or the money could be used to bring down some of the ones already operating. And they would not all be added at once anyway. As I mentioned earlier this would be done over time, possibly years to create the illusion of a healthy network. Yes the price would go up but by how much? Even at $50 per Dash the costs are not prohibitive. And when the price goes up, the amount they receive in return from dumping their generated Dash would go up as well. Not to mention this creates sell pressure helping to keep the price down. I would also add that the low supply of Dash places a fundamental limit on the number of masternodes. Which means an attacker needs to acquire fewer MNs. I think this is something nobody has really considered. Earlier somebody made a comment about the Dash MN network being more decentralized over time. I think its going to be the complete opposite. It will be harder and harder for people to run their own MN over time simply because of scarcity, thus consolidating the network into a handful of people/entities. Its the centralized pool problem all over again. https://en.wikipedia.org/wiki/Nelson_Bunker_Hunt#Silver_manipulation
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toknormal
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February 26, 2016, 02:37:56 PM |
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That was a really interesting read thanks. I'd never heard of the Hunt brothers before, nor their silver adventures. b.t.w. this is quite an interesting commentary on the events: https://www.youtube.com/watch?v=FBhemJ_m0M0
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toknormal
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February 26, 2016, 03:53:37 PM Last edit: February 26, 2016, 04:45:49 PM by toknormal |
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The 12-hour chart Dash/BTC on balance volume has crossed to the upside of its moving average and is very slowly continuing to diverge. On top of that, there's no letup in the amount of supply going into reserve - a sustained trend for 15 months now. Further, Bitcoin looks to me poised for another revaluation up the way which will in turn favourably revalue the returns on a Dash reserve holding. Additionally, has anyone taken a look at Dashwhale lately ? The proposals don't stop arriving at the door of the decentralised blockchain development funding mechanism and they're of increasing levels of quality and ambition. Finally: There are 7 Billion people on this planet and sufficient collateral for a theoretical maximum of 6000 Dash masternodes. 3560 nodes worth - more than half the coin supply - of that collateral has been accounted for and the other (theoretical) half is going to be far more expensive than the first. There will come a point where it's beyond the reach of an individual. There is only one Dash and it's not going to be cloned, reproduced or otherwise mimicked to any degree of authenticity, instamine or none. The governance mechanism is only working to consolidate and evolve Dash's distinction amongst the crowd. Conclusion. If anyone is still after a full quota of holdings able to collateralise a masternode, be scared. Very scared
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gonedark
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February 26, 2016, 04:50:21 PM |
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--- DASH TECH FEATURED AT EXMO, PLEASE MOVE YOUR TRADING FROM POLONIEX! --- An improved trading experience awaits Dash traders:http://youtu.be/40n6joIOkVgTao, that was a really good video. Nice and easy to understand. Great camerawork too. Please consider doing more of these types of videos. I imagine there's a bunch of topics that you could tackle which would be very beneficial for newcomers
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BrainShutdown
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February 26, 2016, 04:52:15 PM |
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The 12-hour chart Dash/BTC on balance volume has crossed to the upside of its moving average and is very slowly continuing to diverge. On top of that, there's no letup in the amount of supply going into reserve - a sustained trend for 15 months now. Further, Bitcoin looks to me poised for another revaluation up the way which will in turn favourably revalue the returns on a Dash reserve holding. Additionally, has anyone taken a look at Dashwhale lately ? The proposals don't stop arriving at the door of the decentralised blockchain development funding mechanism and they're of increasing levels of quality and ambition. Finally: There are 7 Billion people on this planet and sufficient collateral for a theoretical maximum of 6000 Dash masternodes. 3560 nodes worth - more than half the coin supply - of that collateral has been accounted for and the other (theoretical) half is going to be far more expensive than the first. There will come a point where it's beyond the reach of an individual. There is only one Dash and it's not going to be cloned, reproduced or otherwise mimicked to any degree of authenticity, instamine or none. The governance mechanism is only working to consolidate and evolve Dash's distinction amongst the crowd. Conclusion. If anyone is still after a full quota of holdings able to collateralise a masternode, be scared. Very scared I don't see any upside to Bitcoin right now, quite the opposite! What's the bullish signal you're seeing? But agree with everything else
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Riseman
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February 26, 2016, 05:22:52 PM |
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There will come a point where it's beyond the reach of an individual.
Do you have any estimation when are you expecting such point? I mean, its months, years, decades, centuries? And before that happens, do you expect a discount season when masternodes will become much more affordable than today?
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toknormal
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February 26, 2016, 05:48:33 PM Last edit: February 26, 2016, 08:12:19 PM by toknormal |
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I don't see any upside to Bitcoin right now, quite the opposite! What's the bullish signal you're seeing?
Just lots of things. When you waste half the day peering at charts, reading blogs and trying to not lose your shirt in various hurricanes like the Ethereum market you start to get feeling in your bones about things and I've started to get one of those feelings. Re. bitcoin, I posted some of my observations in the wall observer thread here and here. I think we're experiencing the start of some new capitalisation of the whole crypto market - maybe fuelled by the jittery start to the year in worldwide asset markets, I don't know. There's also all this stuff about the blocksize debate which has had both a negative effect (cos of the technical issues and arguing) and a positive one (because of the publicity it's garnered and the fact that maybe people think something's going to get done about it). Regarding Dash I've recently become much more bullish than I was a month or two ago. I wasn't quite sure how things would go this spring because we're in a kind of transition zone of uncertainty and I thought that that combined with all the Bitcoin/Ethereum attention it might take a bit of a nosedive. However this hasn't happened. I've been following the charts for a couple of months and if anything it's held up very well and even consolidated. It isn't just the price, it's other things. Volume metrics, network growth, the total flourishing of the governance mechanism and the great input it's attracted from funding candidates. I think that from now on, any cross-crypto divestment from Dash is going to be way offset by inward flows, either from the diversification of new capital arriving into the Bitcoin 'space' or from consolidation of the market in general. The "team" seems to be very level headed and continues to make sound decisions. I thought, for example, that the policy to pause the roadmap work while they gave some attention to improving the current tech was great and really shows how committed they are to valuing what's produced - even though it may be being superseded by future versions. That last post about being "scared" was a bit of fun, but the numbers are there. You can see the mechanism is working and 18 months is an eternity in crypto. I do genuinely think we're in for a fantastic year.
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TaoOfSaatoshi
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Dash Nation Founder | CATV Host
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February 26, 2016, 06:21:10 PM |
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--- DASH TECH FEATURED AT EXMO, PLEASE MOVE YOUR TRADING FROM POLONIEX! --- An improved trading experience awaits Dash traders:http://youtu.be/40n6joIOkVgTao, that was a really good video. Nice and easy to understand. Great camerawork too. Please consider doing more of these types of videos. I imagine there's a bunch of topics that you could tackle which would be very beneficial for newcomers Thanks! I most certainly will do more videos when I want to bark about something Dash related!
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Solarminer
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February 26, 2016, 07:01:22 PM |
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I forked a bitcoin QR code generator a while ago and modified it for Dash. It now has a dedicated domain name ( https://dashqr.org/) and I finally got around to uploading the site and getting an SSL certificate for the new domain yesterday. Everything seems to be working as it should, hopefully it can be of use to some of you. Donations are most welcome, the address can be found on the site. Looks great. Just a suggestion...Maybe you can add the amount, label, and message fields similar to how the wallet does it.
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drawingthemoon
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February 26, 2016, 07:08:32 PM |
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When you waste half the day peering at charts, reading blogs and trying to not loose your shirt
I've been following the charts for a couple of months and if anything it's held up very well and even consolidated.
Keep on trucking bro. Just another brainwashed cult with people with loose morals at the top of the pyramid.
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Am I spamming? Report me!
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qwizzie
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February 26, 2016, 07:36:23 PM |
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When you waste half the day peering at charts, reading blogs and trying to not loose your shirt
I've been following the charts for a couple of months and if anything it's held up very well and even consolidated.
Keep on trucking bro. Just another brainwashed cult with people with loose morals at the top of the pyramid. i sense a little AdamWhite in you, and no thats not a compliment. Jealousy is the fear or apprehension of superiority: envy our uneasiness under it. - William Shenstone Envy blinds men trolls and makes it impossible for them to think clearly. - Malcolm X
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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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splawik21
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DASH is the future of crypto payments!
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February 26, 2016, 08:11:35 PM |
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--- DASH TECH FEATURED AT EXMO, PLEASE MOVE YOUR TRADING FROM POLONIEX! ---https://exmo.comAn improved trading experience awaits Dash traders:http://youtu.be/40n6joIOkVgIf you care about Dash, please move your trading to https://exmo.com. They are supporting Dash technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.
Plus, the site is pretty slick!
Thanks and please bump,
Tao 2nd bump
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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bobby1776
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February 26, 2016, 08:16:22 PM |
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I don't see any upside to Bitcoin right now, quite the opposite! What's the bullish signal you're seeing?
Regarding Dash I've recently become much more bullish than I was a month or two ago. I wasn't quite sure how things would go this spring because we're in a kind of transition zone of uncertainty and I thought that that combined with all the Bitcoin/Ethereum attention it might take a bit of a nosedive. However this hasn't happened. I've been following the charts for a couple of months and if anything it's held up very well and even consolidated. It isn't just the price, it's other things. Volume metrics, network growth, the total flourishing of the governance mechanism and the great input it's attracted from funding candidates. I think that from now on, any cross-crypto divestment from Dash is going to be way offset by inward flows, either from the diversification of new capital arriving into the Bitcoin 'space' or from consolidation of the market in general. staying on top of the cloud seems like good indicator of strong support.. feels like pressure is building. I had my mouth watering when price dipped into the .0075's, but I'm sure many did - and the price has climbed back towards .009+. Think the cloud will hold? I made it back in and supporting the MN network again
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