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

[gerhard]

Yup! MN over 3600 again.

http://178.254.18.153/~pub/masternode_count.png

3625 actually looks like we are in aproach of new ATH again

I guess play-time is over for all the Dash day-traders.

[1714787474]

1714787474

[1714787474]

1714787474

[toknormal]

I guess play-time is over for all the Dash day-traders.

You can see part of the collateral coin supply changing hands at that wee kink in the nodecount graph on the right hand end.

Wasn't Craig Wright supposed to be outing himself as Satoshi this week ?

[ddink7]

I guess play-time is over for all the Dash day-traders.

You can see part of the collateral coin supply changing hands at that wee kink in the nodecount graph on the right hand end.

Wasn't Craig Wright supposed to be outing himself as Satoshi this week ?

Yes, supposedly between the 7th and 14th.

Hypothetically, I wonder what that would do to the BTC price? Encouragement that Satoshi will help the community through the blocksize debate, or fear that he will sell his bitcoins now that the supposed contract with the co-creator is about to expire?

[pao_de_lo]

waiting for

1 Darkcoin (Dash) = $ 15,00

 

[spatula]

waiting for

1 Darkcoin (Dash) = $ 15,00

 

I think that's completely possible in the short term. We have been on an upward trend with consolidation being relatively near the top. I would say we need a bit more of a cooling off period and then we will re-start upward momentum.

BTC halving will have an impact on us, but I think DASH has proven to be a solid long-term hedge against BTC and most people do not let go of their masternodes lightly.

[toknormal]

Hypothetically, I wonder what that would do to the BTC price?

If Craig Wright were found to be Satoshi I can't see it doing anything other than utterly tanking the Bitconi price.

Myth exploded.

Satoshi is a 2nd rate security hack who can't spell. Apart from the fact that there's now $400 Million worth of BTC about to be potentially mobilised.

(Maybe that was the idea all along).

[ddink7]

Hypothetically, I wonder what that would do to the BTC price?

If Craig Wright was found to be Satoshi I can't see it doing anything other than utterly tanking the Bitconi price.

Myth exploded.

Satoshi is a 2nd rate security hack who can't spell. Apart from the fact that there's now $400 Million worth of BTC about to be potentially mobilised.

(Maybe that was the idea all along).

Good point. Further research suggests that all the news stories stem from the single FTalpha article. Combine that with the faked keys that Motherboard Vice reported on in December, and I can't imagine that he's actually Satoshi.

[pbleak]

I don't think there is much point to dwelling on Wright's claims.

[smooth]

Hypothetically, I wonder what that would do to the BTC price?

If Craig Wright were found to be Satoshi I can't see it doing anything other than utterly tanking the Bitconi price.

Myth exploded.

Satoshi is a 2nd rate security hack who can't spell. Apart from the fact that there's now $400 Million worth of BTC about to be potentially mobilised.

(Maybe that was the idea all along).

The Wright story originally claimed his satoshi BTC were locked in some sort of trust and couldn't be dumped. That was supposedly going to be good for the price, which may have been part of the reason for leaking the story in the first place (manipulation higher). Who knows.

[thevictimofuktyranny]

I did, originally, think the Block Halving on Bitcoin was going to be very good for Dash, because people would be transfer their Cash purchases of Bitcoin onto another crypto with similar net coin production size e.g. 20 million, rather than pump the Bitcoin price up sky high and get their finger burnt again relative to the next block halving on Bitcoin.

However, I would point out:

It is a little bit crazy for there to be ASIC X11 miners for Dash coin, its' total net value is $40 million.

The 1st batch of 50 X11 ASIC miners shipped last month at cost of $2100 each, or (total shipment value was $105,000).

Crypto Mining Blog ordered 1 and was show casing on the website.

http://cryptomining-blog.com/7548-ibelink-dm384m-x11-asic-availability-and-profitability/

Not, sure Dash would really reap the full benefits of the Bitcoin block halving, when it also dealing with a cost implications of a change from GPU mining to ASICs, which naturally leads to an increase in net outflows of liquidity from a major crypto.

[eduffield]

I did, originally, think the Block Halving on Bitcoin was going to be very good for Dash, because people would be transfer their Cash purchases of Bitcoin onto another crypto with similar net coin production size e.g. 20 million, rather than pump the Bitcoin price up sky high and get their finger burnt again relative to the next block halving on Bitcoin.

However, I would point out:

It is a little bit crazy for there to be ASIC X11 miners for Dash coin, its' total net value is $40 million.

The 1st batch of 50 X11 ASIC miners shipped last month at cost of $2100 each, or (total shipment value was $105,000).

Crypto Mining Blog ordered 1 and was show casing on the website.

http://cryptomining-blog.com/7548-ibelink-dm384m-x11-asic-availability-and-profitability/

Not, sure Dash would really reap the full benefits of the Bitcoin block halving, when it also dealing with a cost implications of a change from GPU mining to ASICs, which naturally leads to an increase in net outflows of liquidity from a major crypto.

Oddly enough, your comment inspired me to make a discovery. I know how to reverse engineer a model of our economy now. Thanks   Give me a few weeks and we'll see. I should be able to prove you wrong ( or right, who knows... I'll wait for the results of science before having an opinion ).

[Riseman]

It is a little bit crazy for there to be ASIC X11 miners for Dash coin, its' total net value is $40 million.

Not only Dash uses X11. It's just the 3rd most popular hashing algo so it makes perfect sense that dedicated hardware was developed eventually.

[tungfa]

IBELINK DM 384MH/s DASH MINER - X11
in action

https://www.youtube.com/watch?v=DcuewiDESyo&nohtml5=False

[jiggytom]

Poloniex down?

[thevictimofuktyranny]

I was thinking, when Dash coin hit $105 million net worth, when each Dash was worth $17, that ASIC miners would be fundable addition to network hashpower, in terms of BTC and Currency inflows versus outflows of BTC and Currency used to pay for the dedicated mining equipment, like ASICs.

But, I guess the ASIC manufacturers must be desperate at moment to recycle their technology and are trying to extract revenue from the Alts internalised reserves of BTC and Currency.

[Otoh]

Poloniex down?

Yep

[Otoh]

Poloniex down?

Yep

back Up now though

[Frogman]

Would somebody mind pm me gpu miner for dash and possibly a tutorial about it? the front page link is unavailable

[tungfa]

Would somebody mind pm me gpu miner for dash and possibly a tutorial about it? the front page link is unavailable

https://dashpay.atlassian.net/wiki/display/DOC/Reuben%27s+Guide+to+Mining+Dash+with+an+AMD+GPU+on+Windows
 

[spatula]

Why are people margin lending on polo for such low rates? Having your money sitting on a centralized exchange is already super high risk, and then you compound that risk by loaning the money to others. Especially the longer term loans, where you can't even get your low rate money to withdraw if the exchange gives any warning of a cryptsy/mt gox/mintpal/etc... type situation.

A masternode gets better returns than a lot of the loans I see on polo, AND there is no risk of losing your coins.

If you are gonna be risky as hell with your money, at least demand high interest rates (1% or more)