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

[ddink7]

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)

Also, if you can't afford a masternode, several highly reputable members offer partial MN services.

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[HinnomTX]

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)

Also, if you can't afford a masternode, several highly reputable members offer partial MN services.

And if you can afford a masternode, you can use your earnings to invest some risky ICOs, e.g. Lisk, Waves. When you pile risk on top of risk, eventually, something sticks.

[BrainShutdown]

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)

Agree 100% on the risk part but when it comes to returns any rate above 0,0328% on polo is better than masternode returns. It's a daily interest not annual.

[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)

Agree 100% on the risk part but when it comes to returns any rate above 0,0328% on polo is better than masternode returns. It's a daily interest not annual.

Yea, but in fairness to masternode returns, they compound weekly (ish) when payment is made.

Either way, I see loans all the time around that rate or lower, and that's in no way worth it when you factor in really high risk. Pretty much every major alt coin exchange has been hacked or exit scammed. It's not a matter of "if" but "when"

[toknormal]

Looks like Morono hired the Grand ole Duke of York to price in their GUI.

[Riseman]

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)

Agree 100% on the risk part but when it comes to returns any rate above 0,0328% on polo is better than masternode returns. It's a daily interest not annual.

Yea, but in fairness to masternode returns, they compound weekly (ish) when payment is made.

Either way, I see loans all the time around that rate or lower, and that's in no way worth it when you factor in really high risk. Pretty much every major alt coin exchange has been hacked or exit scammed. It's not a matter of "if" but "when"

Maybe these thousands of Dash are just a small part of these people's portfolio which they won't regret losing in case of an exchange scam. Also the rates usually surge up to 2% when the price spikes so maybe they want to earn at least anything during calm periods while waiting for higher rates.

[Gi01]

2% daily???

[toknormal]

"There's only a few times in history when things have been this out of whack".

Fantastic new commentary from Mike Baloney.

https://www.youtube.com/watch?v=Ne4YJYLm62g

[TaoOfSaatoshi]

Crossposting from the Public Dash Slack Channel:

"@dagrarian: Precisely. When you post in the progress thread and keep the message pro-Dash with no mention of Monero, that's creating an identity for Dash Nation that's open for all to see. People aren't stupid, after last night's troll debacle they know what's up. We are creating our own identity in that thread, that's what I want to bring into focus. Positivity to the Dash Project. Let's inspire people, and let the trolls frame themselves as petty. Please spread this message."

Appreciate any help you could give me, Dash Nation.

Thanks, Tao
https://bitcointalk.org/index.php?topic=1433982.0

[ddink7]

7K tx backlog on Bitcoin network and climbing...

[ddink7]

This is what I like to see:

0.01515065   1537.64519701   23.29632420
   
Buy2016-04-12 20:37:46

[TaoOfSaatoshi]

Crossposting from the Public Dash Slack Channel:

"@dagrarian: Precisely. When you post in the progress thread and keep the message pro-Dash with no mention of Monero, that's creating an identity for Dash Nation that's open for all to see. People aren't stupid, after last night's troll debacle they know what's up. We are creating our own identity in that thread, that's what I want to bring into focus. Positivity to the Dash Project. Let's inspire people, and let the trolls frame themselves as petty. Please spread this message."

Appreciate any help you could give me, Dash Nation.

Thanks, Tao
https://bitcointalk.org/index.php?topic=1433982.0

Sounds like our friends have moved their attack against DASH over to slack?

A zero-sum game for them.

They didn't come to Slack. That was a post by me, explaining the reasoning behind establishing that thread.The trolls have nothing. They know it. They will not continue to control the Dash discussion with spin and innuendo.

Taking back our identity here is important, as this site has thousands of lurkers.

Please, to you and all Dash Nation members, as this thread represents the image of our community, we can frame it through our posts. Dash is about optimism, progress and decentralization. Let's show that through our posts. We have every right to be positive and proud. We don't need to talk about competing coins. Let's inspire people, and let the trolls hang themselves.

[stan.distortion]

Speak for yourself, I reserve the right to fart in Ripples general direction

[TaoOfSaatoshi]

Speak for yourself, I reserve the right to fart in Ripples general direction

I think that's acceptable.   Thanks for your help in putting the kids to bed over there...

[stan.distortion]

Lol, sorry if I was ott with anything but it's hard to resist and not good manners in this thread, nice to give them back some of their own medicine though

[jiggytom]

7K tx backlog on Bitcoin network and climbing...

Spam attack or just over transacting?

[spatula]

Speculate market condition time!

So it looks like the alt coin markets are starting to reverse trends (outside of ETH and XMR). What does this mean for DASH? Are we still in a cooling off period from our last big run up?

Maybe someone who is good at TA could jump in and help a brother out?  


EDIT: It also looks like lending rates are lower than normal with record high DASH available. People don't seem to be taking out short positions at the moment.

[SiNeReiNZzz]

this is a nice time for DASH i see

[tungfa]

Dash and the Rise of True Decentralization
 
http://dashpaymagazine.com/index.php/2016/04/09/dash-rise-true-decentralization/?utm_content=buffer33350&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

[stan.distortion]

Dash and the Rise of True Decentralization
 
http://dashpaymagazine.com/index.php/2016/04/09/dash-rise-true-decentralization/?utm_content=buffer33350&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

Nice Small typo just above the X11 pic, "SHA-26".