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

[toknormal]

Uptrend still continuing?

The difference between daytrading Dash and a normal currency is:

NORMAL CURRENCY

[1] - Spike
[2] - You Sell
[3] - Everyone Sells
[4] - Price drops with plenty liquidity at lower levels
[5] - Buyback lower with increased holdings or take a BTC realised gain

DASH

[1] - Spike
[2] - You Sell
[3] - The guy you sold to says "thanks very much I really wanted that masternode"
[4] - Price drops a bit but the liquidity doesn't come back
[5] - Ouch. Hope you enjoy your BTC gain. Goodbye  

That's the principle. The practice is that they don't even need to buy a full masternode any more - it can go to reserve whatever the amount using these services  

[italeffect]

Huge amount of shorts taken (relative to normal) in the Dash Polo market right now. Dash lending is currently at 1.55% daily interest with about 5k coins available. Recently that's been about 10k coins available and the rate was closer to .02% daily. Good opportunity for a whale to come and force liquidate all those shorts... just saying'  

[Solarminer]

Uptrend still continuing?

The difference between daytrading Dash and a normal currency is:

NORMAL CURRENCY

[1] - Spike
[2] - You Sell
[3] - Everyone Sells
[4] - Price drops with plenty liquidity at lower levels
[5] - Buyback lower with increased holdings or take a BTC realised gain

DASH

[1] - Spike
[2] - You Sell
[3] - The guy you sold to says "thanks very much I really wanted that masternode"
[4] - Price drops a bit but the liquidity doesn't come back
[5] - Ouch. Hope you enjoy your BTC gain*. Goodbye  

That's the principle. The practice is that they don't even need to buy a full masternode any more - it can go to reserve whatever the amount using these services  

* or if you were shorting, BTC pain

Or a more simple idea....

Time for secure transaction:
Bitclones: 10+ minutes and could be hours when blocks fill up.
Dash: 1-4 seconds.

What's in your wallet?

[ddink7]

Uptrend still continuing?

The difference between daytrading Dash and a normal currency is:

NORMAL CURRENCY

[1] - Spike
[2] - You Sell
[3] - Everyone Sells
[4] - Price drops with plenty liquidity at lower levels
[5] - Buyback lower with increased holdings or take a BTC realised gain

DASH

[1] - Spike
[2] - You Sell
[3] - The guy you sold to says "thanks very much I really wanted that masternode"
[4] - Price drops a bit but the liquidity doesn't come back
[5] - Ouch. Hope you enjoy your BTC gain. Goodbye  

That's the principle. The practice is that they don't even need to buy a full masternode any more - it can go to reserve whatever the amount using these services  

Another great point is that this is the highest price (in USD) that we've seen since June/July 2014 (on the downslope of the huge pump), but we're not seeing any real decrease in the masternode count...still at 3609 near an all time high. Nobody is cashing out even at these prices...and those who are cashing out are being met by those who are buying in and setting up MNs.

The fact that:
a) Not many are cashing out MNs
OR IF THEY ARE:
b) Others are buying and setting up MNs

...means that the buyers coming in aren't speculators, yes? Why bother to enter the "reserve market" if they are going to liquidate in a day, week, or month?

[toknormal]

The fact that:
a) Not many are cashing out MNs
OR IF THEY ARE:
b) Others are buying and setting up MNs

...means that the buyers coming in aren't speculators, yes? Why bother to enter the "reserve market" if they are going to liquidate in a day, week, or month?

Absolutely. Thats what's happening.

BTC is suffering a collapse in value against the alts. (Not before time). People are jittery and now realising that genuine long term diversification is required.

[tombtc]

The bigger the price the more masternode owners will likely cash out?
or
The bigger the price the more people will be buying dash to set up a masternode to get a passive income?

[toknormal]

The bigger the price the more masternode owners will likely cash out?
or
The bigger the price the more people will be buying dash to set up a masternode to get a passive income?

It's cyclic.

Price rise --> Eventual cashout --> Node count goes down --> Price declines due to expanded currency supply --> Purchases --> Nodecount goes back up --> price stabilises --> Start again

But, each round trip of that circuit pushes the 'floor' to a higher level. We can see that from this graph which continues to climb despite many market cycles in price. It see-saw's its way up both in nodecount and valuation in this cyclical manner.

There's another 'stabilising' factor to the recipie: As the nodecount rises, the return per node (measured in Dash) declines, so less incentive to hold nodes. But then one of those cycles is triggered, base price rises, nodecount goes back, ending up with the same return (in Dash) but a higher return (in Dollars).

Thats what makes the model sustainable - the complimentary interaction between these two markets so that an increasing dollar return compensates for a decreasing Dash return on each node as the node population increases.

[ddink7]

The bigger the price the more masternode owners will likely cash out?
or
The bigger the price the more people will be buying dash to set up a masternode to get a passive income?

It's cyclic.

Price rise --> Eventual cashout --> Node count goes down --> Price declines due to expanded currency supply --> Purchases --> Nodecount goes back up --> price stabilises --> Start again

But, each round trip of that circuit pushes the 'floor' to a higher level. We can see that from this graph which continues to climb despite many market cycles in price. It see-saw's its way up both in nodecount and valuation in this cyclical manner.

There's another 'stabilising' factor to the recipie: As the nodecount rises, the return per node (measured in Dash) declines, so less incentive to hold nodes. But then one of those cycles is triggered, base price rises, nodecount goes back, ending up with the same return (in Dash) but this time a higher Dollar return.

Thats what makes the model sustainable - the complimentary interaction between these two markets so that an increasing dollar return compensates for a decreasing Dash return on each node as the node population increases.

It would be great if there was a version of that graph that excluded protocol changes, so that we could see the actual price-related changes over time.

(EDIT: With a price graph below it. Unfortunately I'm not good enough at that kind of stuff to create one!)

[ddink7]

Ok, this is a really crappy one that I did in Paint, but check it out when you exclude MNs dropping due to protocol changes:



Or for a little more clarity:

[toknormal]

Ok, this is a really crappy one that I did in Paint, but check it out when you exclude MNs dropping due to protocol changes:

LoL !  I don't think you're allowed to do that in science class 

I know it looks nice but a graph's supposed to tell the truth and the truth is that there weren't any nodes up during those changeovers. You could always stick a Photoshop curve on it and use it for your own personal viewing pleasure 

[ddink7]

Ok, this is a really crappy one that I did in Paint, but check it out when you exclude MNs dropping due to protocol changes:

LoL !  I don't think you're allowed to do that in science class 

I know it looks nice but a graph's supposed to tell the truth and the truth is that there weren't any nodes up during those changeovers. You could always stick a Photoshop curve on it and use it for your own personal viewing pleasure 

LOL yeah I was a history major...=)

You are allowed to exclude other variables though, yes? If I'm looking to find a correlation between price and masternode declines, then I can exclude protocol changes, right?

But yes, it's just for my own viewing pleasure. And I was bored lol.

[alex-ru]

What's the maximum daily dash or btc withdrawal on exmo? Without any verification.

No limitations (verification is needed only for fiat operations), as I know...
But big amount withdrawals require some verification time (up to 1 hour in my case).

[crowning]

If I'm looking to find a correlation between price and masternode declines, then I can exclude protocol changes, right?

I have statistics for almost everything:



Orange: DASH per day per Masternode
Blue: Dollar per day per Masternode
Grey: Number of Masternodes / 1000

(not 100% what you wanted, but still quite interesting)

[ddink7]

If I'm looking to find a correlation between price and masternode declines, then I can exclude protocol changes, right?

I have statistics for almost everything:



Orange: DASH per day per Masternode
Blue: Dollar per day per Masternode
Grey: Number of Masternodes / 1000

(not 100% what you wanted, but still quite interesting)

That's awesome!

[Taylor05]

We have more trading volume than Litecoin right now... that doesn't happen very often. I'm not sure that's ever happened actually.

EDIT: Went back and looked. Yes, way back in the May 2014 run, we did have higher trading volume than Litecoin. But this is the first time since then.

[afbitcoins]

Ah well, I've learned a harsh lesson. I sold a load of Dash hoping to buy in cheaper the other day. Which would have worked. I judged the time to sell spot on, But then why oh why? I stupidly bought a heap of etherium, GREED clouding my thinking, dreaming of buying back even more Dash! Then of course eth took huge price plunge. So here I am down on my Dash. Silly silly! Funny how greed can spoil your plan. My last few trades went so well. So back in Dash again nursing my loss.  

Dash to the moon!

 

[ddink7]

Ah well, I've learned a harsh lesson. I sold a load of Dash hoping to buy in cheaper the other day. Which would have worked. I judged the time to sell spot on, But then why oh why? I stupidly bought a heap of etherium, GREED clouding my thinking, dreaming of buying back even more Dash! Then of course eth took huge price plunge. So here I am down on my Dash. Silly silly! Funny how greed can spoil your plan. My last few trades went so well. So back in Dash again nursing my loss.  

Dash to the moon!

 

I couldn't agree more. My positron two years ago was reversed. I saw the potential in ethereum and waited for six months for the ICO. At the last minute I got greedy and bought darkroom near our ATH using all the money I was going to put in eth. I still put a little in, but not much.

Now I'm almost back to even on dash, but I missed a 45x gain in fist terms. I could have night a lot more dash if I had waited! It's VERY HARD to sleep knowing that your family would be a million dollars richer if you hadn't been greedy

[Lebubar]

Ah well, I've learned a harsh lesson. I sold a load of Dash hoping to buy in cheaper the other day. Which would have worked. I judged the time to sell spot on, But then why oh why? I stupidly bought a heap of etherium, GREED clouding my thinking, dreaming of buying back even more Dash! Then of course eth took huge price plunge. So here I am down on my Dash. Silly silly! Funny how greed can spoil your plan. My last few trades went so well. So back in Dash again nursing my loss.  

Dash to the moon!

 

I couldn't agree more. My positron two years ago was reversed. I saw the potential in ethereum and waited for six months for the ICO. At the last minute I got greedy and bought darkroom near our ATH using all the money I was going to put in eth. I still put a little in, but not much.

Now I'm almost back to even on dash, but I missed a 45x gain in fist terms. I could have night a lot more dash if I had waited! It's VERY HARD to sleep knowing that your family would be a million dollars richer if you hadn't been greedy

With Dash only one option: HODL!

[snakey]

6  Dash    $ 40,598,820    $ 6.44    6,299,508 DASH    $ 973,468    10.82 %

Guys I have some Dash waiting to be withdrawn from BTER, its been a while....

Is there issues with them at the moment?

[rentahash]

Ah well, I've learned a harsh lesson. I sold a load of Dash hoping to buy in cheaper the other day. Which would have worked. I judged the time to sell spot on, But then why oh why? I stupidly bought a heap of etherium, GREED clouding my thinking, dreaming of buying back even more Dash! Then of course eth took huge price plunge. So here I am down on my Dash. Silly silly! Funny how greed can spoil your plan. My last few trades went so well. So back in Dash again nursing my loss.  

Dash to the moon!

 

I am in the same boat!