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

[Minotaur26]

Hi DASH community.

I have good news. Have a look at the histogram on the left:




The vast majority of AltCoins have massively more total sell orders than buy orders, sometimes even
with a factor of 5 and more (so then the left, green column is 5 times smaller than the red column) .
I think that is one of the reasons why most of altcoin trading is so risky: The slightest panic - and a
price can fall bottomless. I guess, many coins do not care enough about creating demand; plus
-looking at the whole market- somehow their price is much too high (same example: 5 times too high).


In DASH however, the total buy orders volume is impressively larger than the total sell orders.
During the past 2 months, while developing, I often checked out several coins, to get a feeling
for our new indicator. With DASH, the situation had been ~balanced during the whole course of
these 2 months. And recently, I even see an inverted ratio - 1.65 time more total buy order volume
than total sell orders.  In short: Congrats. Your whole DASH economy seems quite healthy ;-)


Disclaimer: This is not a buy suggestion! I am just talking about one -of many- viewpoints. And myself I am only mildly invested
in DASH (unfortunately ;-) ... some old coins from long ago. I reported this mainly due to tech fascination, and because you are a
notable exception, and because I want to read your own explanations ... for what we are seeing there, in this project (click preview).

This is very encouraging thanks for the analysis

[gusterdd]

ETH( DAO) looks like unstable.
Small investor would have big loss in gambling with eth,dao if he would not exit more earlier than whale.
But DASH have positive feedback loop. DASH would have some impact of ETH shock.
After Eth shock, DASH would survive finally.
God bless DASH holder !

[tungfa]

Study Reveals Dash Masternodes Yield 18% ROI

https://news.bitcoin.com/study-dash-masternode-18-roi/

[gusterdd]

Hi DASH community.

I have good news. Have a look at the histogram on the left:




The vast majority of AltCoins have massively more total sell orders than buy orders, sometimes even
with a factor of 5 and more (so then the left, green column is 5 times smaller than the red column) .
I think that is one of the reasons why most of altcoin trading is so risky: The slightest panic - and a
price can fall bottomless. I guess, many coins do not care enough about creating demand; plus
-looking at the whole market- somehow their price is much too high (same example: 5 times too high).


In DASH however, the total buy orders volume is impressively larger than the total sell orders.
During the past 2 months, while developing, I often checked out several coins, to get a feeling
for our new indicator. With DASH, the situation had been ~balanced during the whole course of
these 2 months. And recently, I even see an inverted ratio - 1.65 time more total buy order volume
than total sell orders.  In short: Congrats. Your whole DASH economy seems quite healthy ;-)


Disclaimer: This is not a buy suggestion! I am just talking about one -of many- viewpoints. And myself I am only mildly invested
in DASH (unfortunately ;-) ... some old coins from long ago. I reported this mainly due to tech fascination, and because you are a
notable exception, and because I want to read your own explanations ... for what we are seeing there, in this project (click preview).

This is very encouraging thanks for the analysis

Very good information.
The analysis sould have a range from current price. It is meaningless order more than +100% high from currnet price.  

[TanteStefana2]

Looks like not only ETH for coinbase.  LTC as well, no surprise there.

https://www.coinbase.com/litecoin?locale=en

What is next I wonder?

Really?  Does anyone actually use litecoin?  Is there a future in it?  Is anyone even upgrading the wallet to keep up with Bitcoin updates?  Just wondering???

[stealth923]

Study Reveals Dash Masternodes Yield 18% ROI

https://news.bitcoin.com/study-dash-masternode-18-roi/

Thats a great article and good exposure on bitcoin.com as well!

[Walter_S]

Hi DASH community.

I have good news. Have a look at the histogram on the left:




The vast majority of AltCoins have massively more total sell orders than buy orders, sometimes even
with a factor of 5 and more (so then the left, green column is 5 times smaller than the red column) .
I think that is one of the reasons why most of altcoin trading is so risky: The slightest panic - and a
price can fall bottomless. I guess, many coins do not care enough about creating demand; plus
-looking at the whole market- somehow their price is much too high (same example: 5 times too high).


In DASH however, the total buy orders volume is impressively larger than the total sell orders.
During the past 2 months, while developing, I often checked out several coins, to get a feeling
for our new indicator. With DASH, the situation had been ~balanced during the whole course of
these 2 months. And recently, I even see an inverted ratio - 1.65 time more total buy order volume
than total sell orders.  In short: Congrats. Your whole DASH economy seems quite healthy ;-)


Disclaimer: This is not a buy suggestion! I am just talking about one -of many- viewpoints. And myself I am only mildly invested
in DASH (unfortunately ;-) ... some old coins from long ago. I reported this mainly due to tech fascination, and because you are a
notable exception, and because I want to read your own explanations ... for what we are seeing there, in this project (click preview).

This is very encouraging thanks for the analysis

Dash is like a bottle of coke with a mentos in it... 

The pressure is building and it'll explode sooner or later. The current ride up to $50m market cap has been built on relatively low daily volumes, most trading days have seen volumes in the $100k to $250k range, compare this to the crazy $1m to $5m volumes we saw during the run up to the ATH in 2014 and you'll see what i mean...

This would suggest that demand is already far outstripping supply for Dash, even at the low daily volumes of $250k, which is less than 0.5% of current available supply based on today's market cap of $53m.

If we see even a modest uptick in daily volumes to between the $500k to $1m range then I expect Dash to rise significantly in price and smash its previous ATH.

All IMHO and as always do your own research! 

Walter

[WastedLTC]

Looks like not only ETH for coinbase.  LTC as well, no surprise there.

https://www.coinbase.com/litecoin?locale=en

What is next I wonder?

This is his personal coinbase url,   anyone can create one.  He just happened to name his Litecoin.   Been available for well over a year.

There are rumors about LTC getting added to the exchange soon after ETH (not the payment processor) but nothing concrete.

[dEBRUYNE]

Looks like not only ETH for coinbase.  LTC as well, no surprise there.

https://www.coinbase.com/litecoin?locale=en

What is next I wonder?

This is his personal coinbase url,   anyone can create one.  He just happened to name his Litecoin.   Been available for well over a year.

There are rumors about LTC getting added to the exchange soon after ETH (not the payment processor) but nothing concrete.

They will be adding LTC to the exchange too:

https://twitter.com/SatoshiLite/status/733531564852699136

[tombtc]

Anyone seen the new DASH fork, DNET? Focused on anonymous transactions and darknet?

[Honest Tim]

Anyone seen the new DASH fork, DNET? Focused on anonymous transactions and darknet?

Yes, I'm all in.

[altsheets]

Thanks!

Hi DASH community.

I have good news. Have a look at the histogram on the left:




The vast majority of AltCoins have massively more total sell orders than buy orders, sometimes even
with a factor of 5 and more (so then the left, green column is 5 times smaller than the red column) .
I think that is one of the reasons why most of altcoin trading is so risky: The slightest panic - and a
price can fall bottomless. I guess, many coins do not care enough about creating demand; plus
-looking at the whole market- somehow their price is much too high (same example: 5 times too high).


In DASH however, the total buy orders volume is impressively larger than the total sell orders.
During the past 2 months, while developing, I often checked out several coins, to get a feeling
for our new indicator. With DASH, the situation had been ~balanced during the whole course of
these 2 months. And recently, I even see an inverted ratio - 1.65 time more total buy order volume
than total sell orders.  In short: Congrats. Your whole DASH economy seems quite healthy ;-)


Disclaimer: This is not a buy suggestion! I am just talking about one -of many- viewpoints. And myself I am only mildly invested
in DASH (unfortunately ;-) ... some old coins from long ago. I reported this mainly due to tech fascination, and because you are a
notable exception, and because I want to read your own explanations ... for what we are seeing there, in this project (click preview).

This is very encouraging thanks for the analysis

Very good information.
The analysis sould have a range from current price. It is meaningless order more than +100% high from currnet price.  

Thanks for the input. I do understand your thinking. Apart from the question: "100% or 50% or 200%? Or 400%? Or 25%? What is the perfect range?" and the huge differences in volatility which would influence that -arbitrary- threshold ... it turns out that taking the whole data (where available, that is) seems even better.

Let me motivate the summing scheme:

Imagine what a buy order means: I am locking my BTC into the order - I cannot spend it anymore for ice cream, or helicopters. Even if I hope to get DASH at a really low price - my order-locked BTC is not only showing my "price hope" - but it is also showing the absolute amount of real money that I had been willing to lock into orders.

Same for sell orders: Transfering my DASH to an exchange is risky, I give up my property in exchange for an IOU. And I declare that I want to sell them. Might be at a really high price only - but I show my willingness to sell them, not using them to buy something, or fund projects, or save for my children - but by offering them in a sell order.

And as both sides get totalled in the same way, we CAN actually compare them. Or rather: We DO compare them ;-)

My own scepticism got smashed when I did cross-comparisons of different coins. They do differ in this new WOB indicator, and they differ much. I suggest you start observing it over time, for 3 very different coins - and you might find out that it will help you to assess how "long-term realistic" the current price of a coin is, compared to our quotient of totals of the (most of the) biggest, available order books world-wide.

I am querying 30+ exchanges! With our current "bittrex bleutrade bter ccex exmo livecoin poloniex yobit" in BTC and 2 fiat currencies - am I sampling enough of your field?


Anecdote: When I tried my simple base calculation for the first time, about 1.5 years ago, and only with the orderbooks of poloniex ... I was surprised to see that LTC stayed totally OB-balanced over a very long period of time - and with varying current prices. As if the total order book volumes ("the whole market"), and the current marketprice ("the day traders") are well-coupled - at least for those "relaxed systems" with high volume, and long past - like Litecoin. (Right now, the situation of LTC looks less rosy, actually. But the better is the enemy of the good, I guess.)


Back to DASH -->

...this project (click preview).

This is very encouraging thanks for the analysis

Dash is like a bottle of coke with a mentos in it...  

The pressure is building and it'll explode sooner or later. The current ride up to $50m market cap has been built on relatively low daily volumes, most trading days have seen volumes in the $100k to $250k range, compare this to the crazy $1m to $5m volumes we saw during the run up to the ATH in 2014 and you'll see what i mean...

This would suggest that demand is already far outstripping supply for Dash, even at the low daily volumes of $250k, which is less than 0.5% of current available supply based on today's market cap of $53m.

If we see even a modest uptick in daily volumes to between the $500k to $1m range then I expect Dash to rise significantly in price and smash its previous ATH.

All IMHO and as always do your own research!  

Walter

Thanks a lot. I had hoped for such explanations. And reflection in bull times is good too.

My own thoughts were that
* locking away large amounts of currency into masternodes ... is a clever form of "creating demand" for DASH.
* your much-celebrated system of "budget proposals" and "taxing" the mining ... is evolving into a vibrant ecosystem - that other coins are not able to get to as easily. Kudos.


I am interested to see which other knowledge our newbies & pros will be compiling collectively - about all of the most advanced & really successful currencies ... once our 8-steps system is complete. Read the whitepaper & medium blog if you want to. And simply start using the beta already. May it help your trading!

And thanks again for the input!

[UdjinM6]

Anyone seen the new DASH fork, DNET? Focused on anonymous transactions and darknet?

Yes, I'm all in.

Hmm.. Code wise I see this https://github.com/dashpay/dash/compare/master...Darknet-Crypto:master i.e.:
1. PoW -> PoW/PoS, Quark algo, tweaked few chainparams
2. Replace Dash -> darknet and DASH -> DNET all over the place
3. Rebrand DS and IX to Obfuscation and SwiftTX respectively without any change to the protocol
4. there is no 4

And that's it for the "cutting edge" development of this "crytpocurrency" (that's how they call it https://github.com/Darknet-Crypto/Darknet/blob/master/README.md) since Jan 30, 2016 so far. This could be a "litecoin" to Dash but these times are gone forever imo. Or are there any insights/whitepaper/code that I'm missing?  

Btw I looked through many Dash clones searching for something we could adopt but the only good idea I "stole" so far is masternodes tab for 12.1. Funny enough that though this was implemented long time ago in some fork of Dash (with a middle finger in their roadmap I believe) and copied by others, the code was actually broken so I waited for some of them to fix it so that I could safely grab it and incorporate to Dash... because I'm lazy at doing things others can do   But this never happened and finally I had to rewrite/fix it myself, though visually it might look familiar.

[kointrend]

...
Btw I looked through many Dash clones searching for something we could adopt but the only good idea I "stole" so far is masternodes tab for 12.1. Funny enough that though this was implemented long time ago in some fork of Dash (with a middle finger in their roadmap I believe) and copied by others, the code was actually broken so I waited for some of them to fix it so that I could safely grab it and incorporate to Dash... because I'm lazy at doing things others can do   But this never happened and finally I had to rewrite/fix it myself, though visually it might look familiar.

Thanks for your work!

[fible1]

Anyone seen the new DASH fork, DNET? Focused on anonymous transactions and darknet?

Yes, I'm all in.

Hmm.. Code wise I see this https://github.com/dashpay/dash/compare/master...Darknet-Crypto:master i.e.:
1. PoW -> PoW/PoS, Quark algo, tweaked few chainparams
2. Replace Dash -> darknet and DASH -> DNET all over the place
3. Rebrand DS and IX to Obfuscation and SwiftTX respectively without any change to the protocol
4. there is no 4

And that's it for the "cutting edge" development of this "crytpocurrency" (that's how they call it https://github.com/Darknet-Crypto/Darknet/blob/master/README.md) since Jan 30, 2016 so far. This could be a "litecoin" to Dash but these times are gone forever imo. Or are there any insights/whitepaper/code that I'm missing?  

Btw I looked through many Dash clones searching for socould safely grab it and incorporate to Dash... because I'm lazy at doing things others can do   But this never happened and finally I had to rewrite/fix it myself, though visually it might look familiar.

Thank you for chiming in @Udjinm6, I was looking for a review of the code. It's interesting they have an active community but no hint of what their road map is, already 6 months in, beyond "anonymous transactions". I agree that's a weakness in our implementation however, as coinjoin is slow and not that user friendly. On the other hand, your analysis clinches it for me and I will not be buying any DNET, at least until their plan is made public and proved sound. I am a big fan of Warren Buffet, who believes that it is better to miss out on the occasional great opportunity than to buy into a bunch of sucker bets trying to find one.

I'm curious as to what other Dash clones their are though, this is the first one I have come across and I sort of do this for a living . Granted I rarely pay attention to coins that don't make it past a certain stage.

Pablo.

[UdjinM6]

Anyone seen the new DASH fork, DNET? Focused on anonymous transactions and darknet?

Yes, I'm all in.

Hmm.. Code wise I see this https://github.com/dashpay/dash/compare/master...Darknet-Crypto:master i.e.:
1. PoW -> PoW/PoS, Quark algo, tweaked few chainparams
2. Replace Dash -> darknet and DASH -> DNET all over the place
3. Rebrand DS and IX to Obfuscation and SwiftTX respectively without any change to the protocol
4. there is no 4

And that's it for the "cutting edge" development of this "crytpocurrency" (that's how they call it https://github.com/Darknet-Crypto/Darknet/blob/master/README.md) since Jan 30, 2016 so far. This could be a "litecoin" to Dash but these times are gone forever imo. Or are there any insights/whitepaper/code that I'm missing?  

Btw I looked through many Dash clones searching for socould safely grab it and incorporate to Dash... because I'm lazy at doing things others can do   But this never happened and finally I had to rewrite/fix it myself, though visually it might look familiar.

Thank you for chiming in @Udjinm6, I was looking for a review of the code. It's interesting they have an active community but no hint of what their road map is, already 6 months in, beyond "anonymous transactions". I agree that's a weakness in our implementation however, as coinjoin is slow and not that user friendly. On the other hand, your analysis clinches it for me and I will not be buying any DNET, at least until their plan is made public and proved sound. I am a big fan of Warren Buffet, who believes that it is better to miss out on the occasional great opportunity than to buy into a bunch of sucker bets trying to find one.

I'm curious as to what other Dash clones their are though, this is the first one I have come across and I sort of do this for a living . Granted I rarely pay attention to coins that don't make it past a certain stage.

Pablo.

You are welcome
Btw the only thing I was interested there is code/ideas and found none so far. Note, I'm not saying either to buy smth or not - it still might be a good speculative asset but don't look for financial advices from me, I suck at trading 

[hashcash]

**Help Noob Please!!!**

So after receiving much needed assistance from TanteStefana2(Thanks!) on pulling up my wallet, I'm not seeing all my dash show up. I've checked my balance on the blockchain and it's all there but still not seeing the full balance.  I'm using Mac.  Anyone have this issue? Any solutions?

[TaoOfSaatoshi]

Reminder to all: The Dash Podcast with Daniel Diaz and Ira Miller discussing fiat gateways starts today at 4PM EST!

https://youtu.be/qzgUGU_RMGI

#DashNation #IoM

[qwizzie]

**Help Noob Please!!!**

So after receiving much needed assistance from TanteStefana2(Thanks!) on pulling up my wallet, I'm not seeing all my dash show up. I've checked my balance on the blockchain and it's all there but still not seeing the full balance.  I'm using Mac.  Anyone have this issue? Any solutions?

go to the repair options inside your wallet and press re-index wallet. This will restart your wallet with re-indexing mode.
that should make all your transactions visible again and should provide the correct balance.

[Riseman]

I'm curious as to what other Dash clones their are though, this is the first one I have come across and I sort of do this for a living . Granted I rarely pay attention to coins that don't make it past a certain stage.

Pablo.

There's one called SIB.