ddink7
Legendary
 Offline
Activity: 1120
Merit: 1000
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June 23, 2016, 12:45:15 PM |
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I sold some DASH so i could margin sell ETH, in the end DASH went up and ETH went up leading to my order liquidation. Worst decision ever... and i told myself never trade on margin ever again, but fought this time its just too good of an opportunity to increase my DASH holding...  Damn! I think it's been a wild week for anyone trading. I lost a couple of hundred Ether at the bottom of the beartrap. It was basically a manual stop loss cos I thought it was heading for capitulation. Then the massive bounce came. Doesn't matter. I just put it into Dash which is now on the upstroke. What about BTC though. Just saw it now. w.t.f. !!!  Yes it has been! I think that there will eventually be a reckoning, but right now ETH just soars and soars, no matter what. I remember the last market that just kept going up, up, up and everybody said couldn't ever go down: housing in 2008. Anyway, the market can remain irrational far longer than I can remain solvent, so I just watch from afar. It really sucked to be one of those guys who bet against the housing market in 2006 or 2007. They were right, but their timing was wrong and the got rekt! P.S. On /r/bitcoinmarkets, people were getting moon fever. We hadn't had a big correction yet (no more than a $60 drop at any time during the rise) and it was obvious that one was due. I got out of my trades at $695 which means I missed the last leg up, which is too bad, but it also means I missed that drop down to $555. I was getting nervous...huge rise without a significant retrace, hockey stick on the 3D, and everybody saying "if you sell now you're a fool, we're going to $4,000"...the level of mania over there was extraordinary. It was real "new paradigm" stuff. Judging from sentiment, I doubt that the correction is over yet, either. Too many people "buying the dip" and not enough "blood in the streets" fear. |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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June 23, 2016, 07:32:48 PM |
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Great episode, Amanda explains it very well in easy to follow language. i'm looking forward to the Decentralized Masternode Shares episode.... edit ddink7 : congratz on Legendary status |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Minotaur26
Legendary
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Activity: 1092
Merit: 1000
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June 23, 2016, 07:37:46 PM |
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votes in the centralized, instamined coin? those votes are not worth a shit...what a grotesque form of democracy  Dash's DAO (Duffield's Anal Orgasm) Dash is not a democracy. Dash's governance system relies in its masternode operators which are the people running the collateralized nodes on the Dash network. The reason why this governance system works is because you are relying on people that are invested and have a stake on the network success but also are providing infrastructure and services to the network, so it is not only about stake but also about participation. By using this ingenious model Dash is able to remain pure Proof of Work for security where it matters but also drive the network decisions based on the risk and involvement of stakeholders. Is not only about owning some Dash, we will have many people that will invest in a little DASH or simply use it for its many advantages, instant confirmations etc, but not all users wish to or will get invested to the level of running infrastructure and participating in governance. Even more so in the future when we reach a more mainstream audience. So it is not a system in which everyone is equal that would be more akin to socialism which we dont support, it is really a system that fosters open free market participation and people can take as much risk as they are able to. This is why anyone that meets the requirements can become a masternode without needing permission, but it is not an intrinsic right that comes just from holding DASH it is more involved than that. In the future many users wont be involved in running the infrastructure and governing the network, they will just be users and enjoy the decentralized financial services the network offers. We are still at the early stages of the project so many people joining now are joining as investors, infrastructure suppliers and governance representatives but this will change over time specially when more user friendly services are released and more people will join just as standard users. |
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Limx Dev
Copper Member
Legendary
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Activity: 2324
Merit: 1348
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June 23, 2016, 07:49:06 PM |
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Thats the only explanation for MN to increase without follow up in the market. Nice, my masternode is also soon back. |
Bitcore BTX - a UTXO fork of Bitcoin - since 2017 |
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BrainShutdown
Legendary
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Activity: 1052
Merit: 1004
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June 23, 2016, 08:15:37 PM |
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Nice read https://petertodd.org/2016/ethereum-dao-bailout-voteput it up for a vote, one coin, one vote, and get cryptographic proof that you’ve actually got the support of the people who have invested their funds in Ethereum Hmmm I wonder who solved that problem ages ago... |
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splawik21
Legendary
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Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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June 24, 2016, 12:20:33 AM |
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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TanteStefana2
Legendary
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Activity: 1260
Merit: 1001
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June 24, 2016, 02:59:14 AM |
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A nice and concise run down of the last 10 months, and it's impressive! |
Another proud lifetime Dash Foundation member  My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d |
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bigrcanada1
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June 24, 2016, 03:42:24 AM |
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Hi guys. Anyone have luck in getting their account "unbanned" here on bitcointalk? I'd really love to have my original bigrcanada account up and running.
 sorry could not resist So funny, it made me  Oh come on guys! Lol There must be a way... It's been months. I have no idea why it was even banned, seriously. I've tried to reach out to the mods.... No dice....? |
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bigrcanada1
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June 24, 2016, 03:45:35 AM |
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A nice and concise run down of the last 10 months, and it's impressive! Just read it... It's a great read... Nice! |
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tungfa
Legendary
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Activity: 1834
Merit: 1023
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June 24, 2016, 05:03:45 AM |
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stealth923
Legendary
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Activity: 1036
Merit: 1000
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June 24, 2016, 06:09:16 AM |
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Bitcoin goes up, Dash goes down.
Bitcoin goes down, Dash goes down.
Love the logic of the markets lol
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Mrpumperitis
Legendary
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Activity: 2730
Merit: 1075
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June 24, 2016, 06:41:21 AM |
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Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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kokokoin
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June 24, 2016, 06:47:39 AM |
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Guys, what's wrong with DASH? When BTC started to dump i moved half of my funds to DASH but now it is lower than my enter.
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gerhard
Member
Offline
Activity: 78
Merit: 10
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June 24, 2016, 07:33:36 AM |
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Guys, what's wrong with DASH? When BTC started to dump i moved half of my funds to DASH but now it is lower than my enter.
People are panicking and moving into more established coins. I think Dash will move sideways until the dust settles from the Brexit thing. |
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kokokoin
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June 24, 2016, 07:39:58 AM |
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Guys, what's wrong with DASH? When BTC started to dump i moved half of my funds to DASH but now it is lower than my enter.
People are panicking and moving into more established coins. I think Dash will move sideways until the dust settles from the Brexit thing. But DASH has so frequent updates and spends much money for advertisement... I hope double bottom will hold. |
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gusterdd
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June 24, 2016, 07:57:03 AM |
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Bitcoin goes up, Dash goes down.
Bitcoin goes down, Dash goes down.
Love the logic of the markets lol
 When bitcoin goes down , dash goes up more less. : green line |
Interest : Mining Rig, Bitcoin, Litecoin, Ethereum, Monero, Dash, Bitshare
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kokokoin
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June 24, 2016, 08:41:05 AM |
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Now we forming Eve and Adam pattern. Back on 61% fib and long-term trendline. Looks bullish.
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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June 24, 2016, 08:47:41 AM |
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I've just found out there's a Brexit situation.
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Honest Tim
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June 24, 2016, 09:54:10 AM |
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I've just found out there's a Brexit situation.
Well, lets just see if TPTB think we made the right decision. As I understand it, the vote is non-binding and still needs parliamentary approval (no one told the animals on the farm that). I'm also expecting some other rabbit to be pulled out of the hat that would decide the vote was somehow 'illegal' and that it had to be done all over again. Of course, it's always wise to let things die down a little before you rudely inform people that their will counts for sh1t. I desperately hope I'm very, very wrong. |
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