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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723729 times)
toknormal
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June 12, 2016, 01:07:08 PM


Alt markets enduring hurricane force gales.

Grab hold of anything bolted down.
megges
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June 12, 2016, 01:17:10 PM

poloniex spread between buy and sell orders is getting "big" ... i bought some, let's see if we can turn up a bit here :O

btw. it doesn't look like mr 0.015 waller is about to sell, at least he didn't moved his wall ... i still think it's just there to accumulate Tongue

tip me! Tongue XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa
BiteMyShinyMetalAss
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June 12, 2016, 01:30:33 PM

Whats the MN status, still 3800?

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UdjinM6
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June 12, 2016, 01:34:14 PM

Whats the MN status, still 3800?
http://178.254.23.111/~pub/Dash/masternode_payments_stats.html
http://178.254.23.111/~pub/masternode_count90.png
 Roll Eyes

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spatula
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June 12, 2016, 02:48:55 PM


Traders gonna trade.
Johnny00
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June 12, 2016, 02:53:23 PM

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more


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UdjinM6
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June 12, 2016, 03:16:02 PM

... and coders gonna code https://github.com/dashpay/dash/pulls
 Grin

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spatula
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June 12, 2016, 03:16:18 PM

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more

IMO, it's pretty risky to sell at this point. Surely the market is oversold by now. Dash has pretty low liquidity so while a short period of selling can make it crash easily (as we have just witnessed) it can also do the exact opposite whenever traders decide to buy back in. I almost always get burned trying to play with traders, so I think I'm just gonna ride this one out.

If you think its gonna go down, then margin short. Plenty of available dash for lending at low rates if your feeling lucky.
gusterdd
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June 12, 2016, 03:40:03 PM


thanks
dash team did good job for several years.
twitter gonna twitter not twit

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toknormal
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June 12, 2016, 04:49:57 PM


Seems shorters having a problem keeping the price under control.

Keeps blowing back up in their face at the end of each 1-minute chart wave.

megges
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June 12, 2016, 04:56:15 PM

Dash is dropping as but coin skyrocketing. Would you sell it and wait until bitcoin drops more

IMO, it's pretty risky to sell at this point. Surely the market is oversold by now. Dash has pretty low liquidity so while a short period of selling can make it crash easily (as we have just witnessed) it can also do the exact opposite whenever traders decide to buy back in. I almost always get burned trying to play with traders, so I think I'm just gonna ride this one out.

If you think its gonna go down, then margin short. Plenty of available dash for lending at low rates if your feeling lucky.

sell ? Cheesy i bought that dip almost perfect Smiley - lets see whats next

poloniex spread between buy and sell orders is getting "big" ... i bought some, let's see if we can turn up a bit here :O

btw. it doesn't look like mr 0.015 waller is about to sell, at least he didn't moved his wall ... i still think it's just there to accumulate Tongue


tip me! Tongue XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa
kointrend
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June 12, 2016, 07:14:01 PM

toknormal
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June 12, 2016, 07:36:14 PM


Sorry about that - posted in the wrong thread. That last one was targetted for the Bitcoin Wall Observer thread  Roll Eyes
ArticMine
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June 12, 2016, 08:35:26 PM

...

Doesn't that mean ASICs caused decentralization in our case? Wink (temporarily anyway... I don't think this will last forever. The incentives are prone to cause centralization in the end, we're working on that problem as well)

I am far from convinced that the kind of mining concentration in China that occurred in Bitcoin after the introduction of ASICS will repeat itself in Dash. This is because the latency introduced by the Great Firewall of China around 500 ms has a much greater impact on a coin with a 2.5 min blocktime than on a coin with a 10 min blocktime. Furthermore DASH has an effective blocksize 4x that of Bitcoin and the Chinese Bitcoin miners are fighting any significant increase in the Bitcoin blocksize because of the Great Firewall of China. The impact of ASICS on Dash have implications for many POW coins with block times in the 2 - 2.5 min range

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
UdjinM6
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June 12, 2016, 08:53:07 PM

Quick note:
I've seen few blocks recently with very high fee included in block reward and there are indeed some huge transactions (5-10Kb in size each) which are paying a lot (0.1-0.2 DASH). If you are the one who is making this or similar transactions (like collecting multiple mining/masternoding rewards for example) and you are not running 0.12.0.58 please consider updating to lower your fee.

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BiteMyShinyMetalAss
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June 12, 2016, 10:21:25 PM

Wau, DASH difficulty and hash rate, like doubled!

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splawik21
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June 12, 2016, 10:28:13 PM

Wau, DASH difficulty and hash rate, like doubled!
The peak was 11th of june and the diff was at 34443! Smiley

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
afreer
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June 12, 2016, 10:28:52 PM

...

Doesn't that mean ASICs caused decentralization in our case? Wink (temporarily anyway... I don't think this will last forever. The incentives are prone to cause centralization in the end, we're working on that problem as well)

I am far from convinced that the kind of mining concentration in China that occurred in Bitcoin after the introduction of ASICS will repeat itself in Dash. This is because the latency introduced by the Great Firewall of China around 500 ms has a much greater impact on a coin with a 2.5 min blocktime than on a coin with a 10 min blocktime. Furthermore DASH has an effective blocksize 4x that of Bitcoin and the Chinese Bitcoin miners are fighting any significant increase in the Bitcoin blocksize because of the Great Firewall of China. The impact of ASICS on Dash have implications for many POW coins with block times in the 2 - 2.5 min range

My understanding is it's packet loss and bandwidth that's the issue for data transmission with China not network latency so wouldn't it be block size and not block time that's the issue?  Plus the cause is bottlenecks on the Chinese backbone then bottlenecks in regions you have to cross to get into Asia Pac which also depends which direction you're coming from and isn't unique to China.  It's annoying that people in Bitcoin are using the term 'great firewall' as that refers to censorship hardware and not the infrastructure problems relevant to block propagation, it's also diverting from the fact that the same hardware is now appearing in 'western' countries too, UK and Australia have their own "great firewalls" but transmission throughput is fine.
Honest Tim
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June 12, 2016, 10:55:18 PM

Wau, DASH difficulty and hash rate, like doubled!

Hmmm, struggling to understand why that would happen in light of bitcoin's recent rise and alt's (dash's) downturn???
RenegadeMan
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June 12, 2016, 11:04:38 PM


Sorry about that - posted in the wrong thread. That last one was targetted for the Bitcoin Wall Observer thread  Roll Eyes


Have been enjoying your Wall Observer posts Tok (you two timing BCT whore who just sat back down at the wrong table in the wrong clothes. Ha!)


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