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

[Lukas_Jackson]

...

...

Legendary and still stupid as fuck  

Yes, monero has a use case like this heavy, slooow "Heavy Gustav" with one trick pony only, but that is an overkill. Yes it is a cryptocurrency like other shitcoins but can't be a digital cash, ever. You should understand that by now.

[toknormal]

"Great Gustav"

Out of curiosity, what is the "Great Gustav" ?

[Macno]

Happy birthday Dash!

One question I've been wondering about for a while:

Isn't holding a Masternode "too profitable" compared to mining? If one has 1000 Dash, who would ever put them in X11 hash power instead of just running a MN?

[Lukas_Jackson]

"Great Gustav"

Out of curiosity, what is the "Great Gustav" ?

https://en.wikipedia.org/wiki/Schwerer_Gustav
By the way, Heavy Gustav is a better name for it.

Happy birthday Dash!

One question I've been wondering about for a while:

Isn't holding a Masternode "too profitable" compared to mining? If one has 1000 Dash, who would ever put them in X11 hash power instead of just running a MN?

Buy a Masternode for $14000 or mine. Choose what's less risky to you

[K~Ehleyr]

I guess my point is, IF you have the money to invest, I personally wouldn't worry too much about getting the best price, as getting in.  Because the price today is nothing compared to the price it will be if we succeed.  IF we succeed.  There is still a LOT we have to do, and we have to do it right.  There is competition always at our heals. There is a ton of hard work ahead, and we need all our experts to guide us in the right direction.  Frankly, I've been impressed with every single person I've talked to in core.  They are truly a cohesive group, with a singular vision, it's fascinating to watch.  But it's still very risky

This is the problem for me, I don't have the money    I've been accumulating Dash since the beginning of 2015 and the average price I've paid per dash works out about €6.90 - which is great! - but I'm still a very long way off having enough for a masternode.  In the dip that followed last summer's peak, I was sorely tempted, and it would have been much cheaper then, but I was held back by the same fear I have now: I'm unemployed and the only cash I have is from my redundancy payout    In number terms I could stretch myself, but at the current price I'd have almost nothing left and I don't know how long it will be until I'm earning again or what it will cost me to get up and running once I start (the plan is to set myself up as self-employed withing the next 18 months).  So while investing in a masternode could well be the smartest thing to do right now and a life-changer in terms of my future financial security, and oh, the itch to do it is strong, I'd be investing money that I no way can afford to lose.... and that is not a smart risk to take  

So for now I guess I'm restricted to just keep accumulating a handful here and there and hoping there'll be more dips  

[Kruemmelmonster]

hi folks! is there a release date for Dash Evolution yet?

[balu]

@K~Ehleyr: don't go all in to any crypto. You made a good decision not to invest everything into Dash.

@Kruemmelmonster: I really really hope that there won't be A release date, but rather multiple smaller releases as we are improving the system.

[Gi01]

News or info from Miami?

[kointrend]

I guess my point is, IF you have the money to invest, I personally wouldn't worry too much about getting the best price, as getting in.  Because the price today is nothing compared to the price it will be if we succeed.  IF we succeed.  There is still a LOT we have to do, and we have to do it right.  There is competition always at our heals. There is a ton of hard work ahead, and we need all our experts to guide us in the right direction.  Frankly, I've been impressed with every single person I've talked to in core.  They are truly a cohesive group, with a singular vision, it's fascinating to watch.  But it's still very risky

This is the problem for me, I don't have the money    I've been accumulating Dash since the beginning of 2015 and the average price I've paid per dash works out about €6.90 - which is great! - but I'm still a very long way off having enough for a masternode.  In the dip that followed last summer's peak, I was sorely tempted, and it would have been much cheaper then, but I was held back by the same fear I have now: I'm unemployed and the only cash I have is from my redundancy payout    In number terms I could stretch myself, but at the current price I'd have almost nothing left and I don't know how long it will be until I'm earning again or what it will cost me to get up and running once I start (the plan is to set myself up as self-employed withing the next 18 months).  So while investing in a masternode could well be the smartest thing to do right now and a life-changer in terms of my future financial security, and oh, the itch to do it is strong, I'd be investing money that I no way can afford to lose.... and that is not a smart risk to take  

So for now I guess I'm restricted to just keep accumulating a handful here and there and hoping there'll be more dips  

Although you have not 1000 coins, you could earn some more just putting yours at work with one "shares service" offers in this page.
https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885
By time I hear are all good services, and personally I know the one offer by splawik21, a team member and really trustful guy.
https://www.dash.org/forum/threads/splawik-s-supershares-hosting-service.3195/

[megges]

From watching poloniexs buys / sells and the lending market, i would guess someone lend about 4k DASH and added that to the sellside between here and 0.02 -> i'm guessing that because last time looking at the lending page from polo there were 14k DASH to lend, its down to about 10k right now, and the sellorders between here and 0.02 went from about 20k to 24k DASH.

Because i'm bullish on DASH i hope the "shorter" will get eaten alive, when we go to that 0.02 with the next move, and hopefully higher after - But perhaps he will just pull that sells, or we go down - who knows.

[tungfa]

News or info from Miami?

https://www.dash.org/forum/threads/tnabc-conference-starting-today.12779/#post-111574

[Macno]

Happy birthday Dash!

One question I've been wondering about for a while:

Isn't holding a Masternode "too profitable" compared to mining? If one has 1000 Dash, who would ever put them in X11 hash power instead of just running a MN?

Buy a Masternode for $14000 or mine. Choose what's less risky to you

My question was: how could one choose the option "mine" and is it not a problem for the Dash network that the risk/reward is so much better for a MN? Or is my asumptiion wrong? I'd never sell a MN to mine instead but maybe I am missing something.

[toknormal]

Yes, monero has a use case like this heavy, slooow "Heavy Gustav"

A solitary sugar grain tells the story...


Bitcoin: Some traceable ‘lumpiness’.



Dash: Bootifully transparently fungible and not traceable.



Obscurity Tech: wtf ?! (Am I looking at a sugar bowl or a steaming plate of bat's p*ss with one floating grain that I'm allowed to see   ).

[bizzyb]

Dear Dash community

We are happy to announce the launch of our first app, Forex Trading, on our crypto portal www.MUEX.io

You can deposit DASH now and receive 100% bonus on your initial deposit to spot trade forex!

Please do check out our ANN here
https://bitcointalk.org/index.php?topic=1756784

Thanks & good luck

[TanteStefana2]

I guess my point is, IF you have the money to invest, I personally wouldn't worry too much about getting the best price, as getting in.  Because the price today is nothing compared to the price it will be if we succeed.  IF we succeed.  There is still a LOT we have to do, and we have to do it right.  There is competition always at our heals. There is a ton of hard work ahead, and we need all our experts to guide us in the right direction.  Frankly, I've been impressed with every single person I've talked to in core.  They are truly a cohesive group, with a singular vision, it's fascinating to watch.  But it's still very risky

This is the problem for me, I don't have the money    I've been accumulating Dash since the beginning of 2015 and the average price I've paid per dash works out about €6.90 - which is great! - but I'm still a very long way off having enough for a masternode.  In the dip that followed last summer's peak, I was sorely tempted, and it would have been much cheaper then, but I was held back by the same fear I have now: I'm unemployed and the only cash I have is from my redundancy payout    In number terms I could stretch myself, but at the current price I'd have almost nothing left and I don't know how long it will be until I'm earning again or what it will cost me to get up and running once I start (the plan is to set myself up as self-employed withing the next 18 months).  So while investing in a masternode could well be the smartest thing to do right now and a life-changer in terms of my future financial security, and oh, the itch to do it is strong, I'd be investing money that I no way can afford to lose.... and that is not a smart risk to take  

So for now I guess I'm restricted to just keep accumulating a handful here and there and hoping there'll be more dips  

Although you have not 1000 coins, you could earn some more just putting yours at work with one "shares service" offers in this page.
https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867885
By time I hear are all good services, and personally I know the one offer by splawik21, a team member and really trustful guy.
https://www.dash.org/forum/threads/splawik-s-supershares-hosting-service.3195/

This ^^^ is what I was going to come back with  

Happy 3rd Birthday Dash!  You adorable redheaded Toddler you!!!

[K~Ehleyr]

Thanks guys, my dash are already in masternode shares    That doesn't stop me wanting more though....

Happy Birthday Dash 

[Lukas_Jackson]

Happy birthday Dash!

One question I've been wondering about for a while:

Isn't holding a Masternode "too profitable" compared to mining? If one has 1000 Dash, who would ever put them in X11 hash power instead of just running a MN?

Buy a Masternode for $14000 or mine. Choose what's less risky to you

My question was: how could one choose the option "mine" and is it not a problem for the Dash network that the risk/reward is so much better for a MN? Or is my asumptiion wrong? I'd never sell a MN to mine instead but maybe I am missing something.

How can you calculate risk/reward for a MN, assuming you're about to buy now? What price are you expecting to bail assuming the market won't listen to you?

If you have a MN already, one can probably want more and will be mining to increase his holdings, since mining rig will cost way less than MN.

Is MN to profitable? 9,5% per year for providing a service and risking a lot of money isn't much. And it was calculated to be not that much profitable in the future. If everything goes fine, than you will need your vps to be a beast costing like $100/month or even more. Who knows what price of Dash would be then.

[kointrend]

...
If everything goes fine, than you will need your vps to be a beast costing like $100/month or even more. Who knows what price of Dash would be then.
...

I noted as an electric shock on my back.

[Macno]

How can you calculate risk/reward for a MN, assuming you're about to buy now? What price are you expecting to bail assuming the market won't listen to you?

If you have a MN already, one can probably want more and will be mining to increase his holdings, since mining rig will cost way less than MN.

Is MN to profitable? 9,5% per year for providing a service and risking a lot of money isn't much. And it was calculated to be not that much profitable in the future. If everything goes fine, than you will need your vps to be a beast costing like $100/month or even more. Who knows what price of Dash would be then.

Ok, maybe I am really totally misunderstanding something, so please bare with me...

Let`s say I have around 15K USD and I like DASH. I could now decide to either buy 1 MN or X11 Hashing Power.
I'm no mining expert, but I know that the probability of ROI in DASH with cloud mining is low.
With the MN, I know my entry price and my return in DASH. I know I will never get below 1 K DASH (the collateral) and get X % reward.
With mining, I risk ending even below 1K DASH at the end. I might have a nice profit in USD if the DASH price in USD rises, but probably less than if I just had bought DASH instead of mining. It's similar in BTC, but there are no MNs with BTC.
If I am correct so far, I wonder who even mines DASH, because even if one has less USD than it takes for 1 MN, I'd still rather put that in MN shares with MooCowMoo or others than to mine.

I guess I am wrong, because people are actually mining DASH, but I don't understand why, when (at least to me), having a MN or fractions of it is so much better. MNs as an asset are imho the coolest thing in crypto currently, from an investment perspective.
So I was wondering, if there is a potential danger for the DASH network because Miners don't get rewarded enough compared to MN holders.

[Lukas_Jackson]

How can you calculate risk/reward for a MN, assuming you're about to buy now? What price are you expecting to bail assuming the market won't listen to you?

If you have a MN already, one can probably want more and will be mining to increase his holdings, since mining rig will cost way less than MN.

Is MN to profitable? 9,5% per year for providing a service and risking a lot of money isn't much. And it was calculated to be not that much profitable in the future. If everything goes fine, than you will need your vps to be a beast costing like $100/month or even more. Who knows what price of Dash would be then.

Ok, maybe I am really totally misunderstanding something, so please bare with me...

Let`s say I have around 15K USD and I like DASH. I could now decide to either buy 1 MN or X11 Hashing Power.
I'm no mining expert, but I know that the probability of ROI in DASH with cloud mining is low.
With the MN, I know my entry price and my return in DASH. I know I will never get below 1 K DASH (the collateral) and get X % reward.
With mining, I risk ending even below 1K DASH at the end. I might have a nice profit in USD if the DASH price in USD rises, but probably less than if I just had bought DASH instead of mining. It's similar in BTC, but there are no MNs with BTC.
If I am correct so far, I wonder who even mines DASH, because even if one has less USD than it takes for 1 MN, I'd still rather put that in MN shares with MooCowMoo or others than to mine.

I guess I am wrong, because people are actually mining DASH, but I don't understand why, when (at least to me), having a MN or fractions of it is so much better. MNs as an asset are imho the coolest thing in crypto currently, from an investment perspective.

Agree on that. But you seem to forget the risk of price going down. You don't know how much. What is your level of risk you can take? In fiat or btc.

With the fraction of the MN you still need to trust 3rd party with your shares. There are many like me who doesn't like additional risk of 3rd parties.