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

[hashcash]

Sent.

[Lebubar]

Sent.

Answered

[TechSharesteam]

Anyone have a problem with wallet syncing?

[TanteStefana2]

Hi bigrcanada   , you are such troll on polo

I saw that too, and I'm certain that's not him, LOL

TechSharesteam, I know that for some reason the "superblocks" that pay the proposals in the budget tend to cause people trouble.  The blockchain hangs on them for some reason.  Anyway, there was something someone said to do, and I can't remember where I saw it.... I've been looking for a while now, and can't find it...  I'll keep looking

Oh, I just thought to do a google search, and found this thread: https://www.dash.org/forum/threads/mega-help-wallet-not-syncing-thread.653/page-6

[tulipbubble]

Will dash hit its ATH 0.028 2 years ago??    It may, and it is tike to redo that, we all wait for long time.

Yes it will, the good question is when?  

between now and then

In the mean time lets take a look at the longterm OBV indicator (a momentum indicator that measures positive and negative volume flow ) :

The chart looks like beautiful. Dash keeps top coin since 2014 pump, which is more stable than dogecoin, doge is not top 10 now.

[Porsche911]

Check out Invesd!

Dash's chance for an exclusive Review!

Vote & Share & Like us:

https://twitter.com/ProjectInvesd/status/766963374294904832

[Taylor05]

Proposal: Conference & Travel (Sept)

https://www.dash.org/forum/threads/proposal-conference-travel-sept.10303/

[alex-ru]

Philipp Grebenshchikov from RU-DASH-comminity has spoken at the Moscow Annual Conference CIF3 (https://cif.pirate-party.ru/index-en.html):
"Privacy of personal finances regarding cryptocurrency" (with an emphasis on DASH) Thanks to him, people were interested!
(Audience fit in only half of all those wishing to listen to, another half of them had to listen to from the next room)
It you want to support his efforts in promoting DASH in Russia - please send him donations directly to DASH: XxGUbQwHfbSRGyP6wMoKfMvhhVzVS9gPtz



https://www.youtube.com/watch?v=xZY2I1zfCO4

[toknormal]

Another one of those kinks has formed on the masternode adoption profile.

The last time it happened was around the 10th of April. It also coincided with a shallow correction, but no crash. The current "kink" appears to be following the same behaviour - slow correction but no crash.

Contrast that with the 50% devaluation during the month of June - but no nodecount kink. What gives ? How come a large apparent cash-out in masternode colleteral following a price rise (to be expected) results in only a minor price correction whereas no masternode depletion (month of June) results in a massive 50% crash ?

Need to think.

In the context of Dash's distinct markets, it seems that the supply for creating the big dips (like June's 'crash') comes from the currency sector, not the reserve sector. i.e. reserve market holders only sell when there are reserve market (masternode) buyers whereas currency market holders are far more short term in their trading priorities. This principle is borne out by the consistent nodecount growth and also the minimal price correction whenever one of those 'kinks' occurs in the masternode adoption profile. We must also bear in mind that any holding, however small, can now qualify for the reserve market so we may be observing the discovery of Dash as a genuine monetary asset and a haven for 'parked funds' of any size wanting to earn a return.

On the other hand, the currency market appears to create far larger price movements than large masternode cashouts do. This may be explained by leveraged trading, or it might just be low volume dumping that results in a temporary undervaluation since the reserve market is the one that's in long term demand and there isn't the liquidity available at the highly shorted end of the cycle to meet market requirements.

In summary, what it looks like to me is that the 0.020 level was the market rate - even back in early June. It then got heavily shorted and then bounced back due to lack of liquidity as the reserve market began to reassert itself.

Once back at current levels there is now some genuine exchange of masternode collateral going on (indicated by the recent 'kink' combined with only shallow price correction due to high market depth). Meanwhile, during June there was simply a 'hammering down' of the currency market (blue sector) that was always going to be temporary due to that sector's diminishing speculative authority.

It might be worth observing the correlation between these two indicators (market valuation and nodecount growth) in future to distinguish speculative trading from genuine asset transfers  

[toknormal]

To express the same observations from the coin supply dimension then the recent 'kink' observations imply that trading in the orange part of the supply does not crash the price since thats where the demand is.

On the other hand, trading in the blue area can crash the price but only temporarily since its dominance is diminishing.

What does this tell us about market demand in general ? It would appear than demand is is attracted by:

A. a stable price, since we can see - from nodecount correlation with valuation profile - that Dash's reserve market is far more stable than the currency market in terms of supply/demand curve intersection

B. a premium on investment - i.e. investors want something a more reliable from their holdings than just speculative returns



P.S. Graphic labels are of course out of date. Reserve market coin supply is now well over 4 million Dash whereas non-reserve supply remains at its 2015 level of around 2.6 Million. Thats why the price elasticity is decreasing following significant volume trading in the reserve market.

[bigrcanada1]

Hi bigrcanada  , you are such troll on polo

LOL...hey...I was playing nice.  That being said I have some good friends on there Lordbeer, I got him in to crypto and lives 5 minutes from me, Oldmankid, Wolf, was in my wedding party.  and a few otthers on there.  I've been traveling alot lately so to kill time between lay overs I'm on there.  I've actually had the chance to connect with a couple of ok peeps on there. 

As always...have to keep it classy... right Ms T? 

[Jestah]

Hi bigrcanada   , you are such troll on polo

LOL...hey...I was playing nice.  That being said I have some good friends on there Lordbeer, I got him in to crypto and lives 5 minutes from me, Oldmankid, Wolf, was in my wedding party.   and a few otthers on there.  I've been traveling alot lately so to kill time between lay overs I'm on there.  I've actually had the chance to connect with a couple of ok peeps on there.  

As always...have to keep it classy... right Ms T?  

Ya, you're pretty cool on there.  I try to turn the BS into goodness for DASH and educate as much as I can on there.  Trolleros are everywhere.  Isn't it funny that they target DASH.....when there are so many others that are in DIRECT competition with them when we aren't and could care less wtf they are up to.  They troll the wrong coin. Idiots. lolz.

[UdjinM6]

Looks like we have some inconsistency in masternode winners right now.
If you are running a MN and haven't yet update to 0.12.0.58 please do asap https://www.dash.org/downloads/
Thank you.

[a1binos]

blockchain has splited.
bittrex block number is 523555
https://explorer.dash.org/chain/Dash is 523555
zpool 523564
https://chainz.cryptoid.info/dash/# 523555
https://explorer.dashninja.pl/chain/Dash 523606

[TanteStefana2]

Hi bigrcanada  , you are such troll on polo

LOL...hey...I was playing nice.  That being said I have some good friends on there Lordbeer, I got him in to crypto and lives 5 minutes from me, Oldmankid, Wolf, was in my wedding party.  and a few otthers on there.  I've been traveling alot lately so to kill time between lay overs I'm on there.  I've actually had the chance to connect with a couple of ok peeps on there. 

As always...have to keep it classy... right Ms T? 

LOL, so that WAS you!  I was certain someone was impersonating, LOL.  fun, I don't normally look at the troll box, but I did notice you just before I noticed ceti commented, LOL

I'm so rarely in the loop..........

[TanteStefana2]

Philipp Grebenshchikov from RU-DASH-comminity has spoken at the Moscow Annual Conference CIF3 (https://cif.pirate-party.ru/index-en.html):
"Privacy of personal finances regarding cryptocurrency" (with an emphasis on DASH) Thanks to him, people were interested!
(Audience fit in only half of all those wishing to listen to, another half of them had to listen to from the next room)
It you want to support his efforts in promoting DASH in Russia - please send him donations directly to DASH: XxGUbQwHfbSRGyP6wMoKfMvhhVzVS9gPtz



https://www.youtube.com/watch?v=xZY2I1zfCO4

That looks really awesome, will you be translating?

[TanteStefana2]

blockchain has splited.
bittrex block number is 523555
https://explorer.dash.org/chain/Dash is 523555
zpool 523564
https://chainz.cryptoid.info/dash/# 523555
https://explorer.dashninja.pl/chain/Dash 523606

That's really weird.  What could have caused this?  Is it correcting?  Hummm I guess not.  This isn't the first time chainz.cryptoid.info got hung up though...

[a1binos]

All exchanges stuck at 523555 :
bittrex
c-cex
yobit

[110110101]

blockchain has splited.
bittrex block number is 523555
https://explorer.dash.org/chain/Dash is 523555
zpool 523564
https://chainz.cryptoid.info/dash/# 523555
https://explorer.dashninja.pl/chain/Dash 523606

You are right, there is something going on, not necessarily a fork but some of the nodes are reporting an "older chain" eg lesser blocks. I checked two masternodes and they are both on 523623

Code:

dashman version 0.1.19 (17-g18e1a15) - Sun Aug 21 02:57:25 EDT 2016
gathering info, please wait... DONE!

  hostname                   : x_x_x_x_x_
  host uptime/load average   : 19 days, 0.25 0.20 0.12
  dashd bind ip address      : 000.000.000.000
  dashd version              : 0.12.0.58
  dashd up-to-date           : YES
  dashd running              : YES
  dashd uptime               : 1 days, 20 hours, 17 mins, 24 secs
  dashd responding (rpc)     : YES
  dashd listening  (ip)      : YES
  dashd connecting (peers)   : YES
  dashd port open            : YES
  dashd connection count     : 22
  dashd blocks synced        : YES
  last block (local dashd)   : 523623
             (chainz)        : 523555
             (dash.org)      : /home/xxxxxxxxxxxx/dashman/lib/dashman_functions.sh: line 927: [: too many arguments
<html>
             (dashwhale)     : 523623
             (masternode.me) : 523555 - no forks detected
  dashd current difficulty   : 18449.20771835
  masternode started         : YES
  masternode visible (local) : YES
  masternode visible (ninja) : YES
  masternode address         : X-----------------------------------------------------
  masternode funding txn     : AbC---------------------------------------------AbC-1
  masternode queue/count     : 0000/3645
  masternode last payment    : 0.00000 in 00000 on 00/00/0000 00:00:00 (0 days, 0 hours ago) 
  masternode balance         : 1000.000000
Exiting.

[110110101]

Another one of those kinks has formed on the masternode adoption profile.

The last time it happened was around the 10th of April. It also coincided with a shallow correction, but no crash. The current "kink" appears to be following the same behaviour - slow correction but no crash.

Contrast that with the 50% devaluation during the month of June - but no nodecount kink. What gives ? How come a large apparent cash-out in masternode colleteral following a price rise (to be expected) results in only a minor price correction whereas no masternode depletion (month of June) results in a massive 50% crash ?

Need to think.

In the context of Dash's distinct markets, it seems that the supply for creating the big dips (like June's 'crash') comes from the currency sector, not the reserve sector. i.e. reserve market holders only sell when there are reserve market (masternode) buyers whereas currency market holders are far more short term in their trading priorities. This principle is borne out by the consistent nodecount growth and also the minimal price correction whenever one of those 'kinks' occurs in the masternode adoption profile. We must also bear in mind that any holding, however small, can now qualify for the reserve market so we may be observing the discovery of Dash as a genuine monetary asset and a haven for 'parked funds' of any size wanting to earn a return.

On the other hand, the currency market appears to create far larger price movements than large masternode cashouts do. This may be explained by leveraged trading, or it might just be low volume dumping that results in a temporary undervaluation since the reserve market is the one that's in long term demand and there isn't the liquidity available at the highly shorted end of the cycle to meet market requirements.

In summary, what it looks like to me is that the 0.020 level was the market rate - even back in early June. It then got heavily shorted and then bounced back due to lack of liquidity as the reserve market began to reassert itself.

Once back at current levels there is now some genuine exchange of masternode collateral going on (indicated by the recent 'kink' combined with only shallow price correction due to high market depth). Meanwhile, during June there was simply a 'hammering down' of the currency market (blue sector) that was always going to be temporary due to that sector's diminishing speculative authority.

It might be worth observing the correlation between these two indicators (market valuation and nodecount growth) in future to distinguish speculative trading from genuine asset transfers  

Thank you for writing such a great analysis Toknormal, I appreciate your insightful posts. They always make for great reading and afterthought!