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

[vlom]

Polo lending market last few mins about -2k DASH, ~ 1k - 1.5k DASH sold between 0.0168 and 0.0165 :O

Looks like we found a new shorter - only 11k DASH left to short - bids about 400 btc again - seems like someone is going to buy us up again after his short is going red - at least thats what i think/hope

gl all

can you explain this in plain english? i am not a trader and i don't understand what you mean.

found a new shorter

only 11k DASH left to short

seems like someone is going to buy us up again after his short is going red

 

[iCEBREAKER]

Bad news for Masternode owners (all 2 dozen of them).

Dutch Authorities Ramp Up Fight Against Bitcoin Money Laundering
Jan 20, 2017

the FIOD — the investigative arm of the Dutch tax authority — wants to lower the bar for prosecution of unlicensed bitcoin traders.

The FIOD will also try to have mixing services recognized as money-laundering operations.

Where is the Legal Research Dash paid to have done with regard to ATMs (IE unlicensed trading) and Masternodes (IE money-laundering operations)?

Is it really the case that insiders like Minotaur are going to keep that valuable information for themselves, despite it having been paid for collectively by the community?

This project was funded last September.  It's ridiculous there is nothing to show for it so many months later.

Even more asinine is the claim that the findings cannot be shared with the people who paid for them, because that would "breach attorney-client privilege."

Someone should inform Minotaur that attorney-client privilege may be waived.   

I'd tell him myself, but for some reason his project update threads are locked and do not allow replies.   

[qwizzie]

Since Icetroll did not included any link in his above post (which is totally understandable after reading the full article)
i thought to provide it to you guys .. being from The Netherlands myself.

http://www.nasdaq.com/article/dutch-authorities-ramp-up-fight-against-bitcoin-money-laundering-cm736269

Bitcoin's relative anonymity (sometimes referred to as pseudonymity) and censorship resistance have made the digital currency a popular means of exchange on darknet markets
like Alphabay and Silk Road. Interpol believes that more than 40 percent of online transactions for illegal ends is done with bitcoin.

Darknet market merchants typically do exchange their earned bitcoins for fiat currencies. While trading bitcoin for fiat is in and of itself not illegal, most exchanges apply strict anti-money
laundering (AML) and know your customer (KYC) standards. This is usually requested from the financial institutions and banks that they work with. Darknet merchants, therefore, often prefer
to exchange their bitcoins at what FD refers to as "bitcoincashers": exchanges and dealers that do not comply with such rules.

The FIOD is now attempting to make prosecution of these bitcoincashers much easier. The tax authority wants the Financial Intelligence Unit (FIU) to recognize illegal bitcoin trade as a type of
money laundering. That would allow detectives to start an investigation without first needing to prove reasonable cause. A spokesperson for the FIOD told FD that it expects such recognition to
be granted later this year.

Additionally, FD reports that the FIOD wants to have bitcoin mixers recognized as money laundering indicators as well, though it's unclear how far this regulation would reach. It would presumably
apply to centralized mixers like bitmixer.io , which exchange bitcoins for different bitcoins to break the path to any particular piece of currency. But trustless mixing services, like those hosting
ValueShuffle or TumbleBit servers, may become a target, too.

Well well well .. look at that, a renewed focus on battling darknet markets like Alphabay and Silkroad on European level (Interpol) .. how very surprising.
I dont think Dash has anything to worry about, but i do know a certain shady cryptocurrency with direct links to darknet markets that should be worried, very very worried.  

[MasterMined710]

Dutch Authorities Ramp Up Fight Against Bitcoin Money Laundering
Jan 20, 2017

the FIOD — the investigative arm of the Dutch tax authority — wants to lower the bar for prosecution of unlicensed bitcoin traders.

The FIOD will also try to have mixing services recognized as money-laundering operations.

that's gonna suck for darkmarket currencies who are mixed/anon by default. seems their whole blockchain is now illegal.
 i'm glad Dash has proactively has taken steps (coinfirm) to prevent getting caught up in stuff like this. i feel bad for other one trick pony cryptos who only focus on anon, at all cost, and are forced to use mixed transactions on a non transparent blockchain. not good news for them indeed!

[iCEBREAKER]

Dutch Authorities Ramp Up Fight Against Bitcoin Money Laundering
Jan 20, 2017

the FIOD — the investigative arm of the Dutch tax authority — wants to lower the bar for prosecution of unlicensed bitcoin traders.

The FIOD will also try to have mixing services recognized as money-laundering operations.

that's gonna suck for darkmarket currencies who are mixed/anon by default. seems their whole blockchain is now illegal.
 i'm glad Dash has proactively has taken steps (coinfirm) to prevent getting caught up in stuff like this. i feel bad for other one trick pony cryptos who only focus on anon, at all cost, and are forced to use mixed transactions on a non transparent blockchain. not good news for them indeed!

The Dutch authorities aren't going to be impressed, much less mollified, by some shady self-serving deal with nobodies such as Coinfirm.   

It sounds like you already know the unannounced results of the Legal Research that Minotaur is refusing to share with the people who funded it.

Do you really have any specialized insight into whether or not Masternodes will run afoul of these new Dutch laws against mixing services, or are you just talking out of your...whatever?

Isn't facilitating DarkSend and InstantX transactions the entire point of Masternodes?  How are those functions not prima facie examples of money-laundering operations and unlicensed money services?  

[MasterMined710]

Dutch Authorities Ramp Up Fight Against Bitcoin Money Laundering
Jan 20, 2017

the FIOD — the investigative arm of the Dutch tax authority — wants to lower the bar for prosecution of unlicensed bitcoin traders.

The FIOD will also try to have mixing services recognized as money-laundering operations.

that's gonna suck for darkmarket currencies who are mixed/anon by default. seems their whole blockchain is now illegal.
 i'm glad Dash has proactively has taken steps (coinfirm) to prevent getting caught up in stuff like this. i feel bad for other one trick pony cryptos who only focus on anon, at all cost, and are forced to use mixed transactions on a non transparent blockchain. not good news for them indeed!

Do you really have any specialized insight into whether or not Masternodes will run afoul of these new Dutch laws against mixing services, or are you just talking out of your...whatever?

Isn't facilitating DarkSend and InstantX transactions the entire point of Masternodes?  How are those functions not prima facie examples of money-laundering operations and unlicensed money services?  

regular bitcoin and dash users will be fine. but yes it does appear "all" the users of some of the other anon by default coins may be illegal now. 

masternodes don't technically ever take possession of the coins so no need to worry about money-laundering charges or unlicensed money services.  the law will probably treat masternodes similar to tor nodes.

[iCEBREAKER]

masternodes don't technically ever take possession of the coins so no need to worry about money-laundering charges or unlicensed money services.  the law will probably treat masternodes similar to tor nodes.

I'm not sure "technically" is enough to keep you out of Dutch jail for money laundering.

Dash buyers/holders paid a lot of money to have a real actual lawyer consider whether the law will treat Masternodes like tor nodes or like Bin Ladin's terror funding network .

It would be nice to know their professional researched conclusions, rather that what you feel about what will "probably" happen.

Of course that lawyer isn't specialized in Dutch law, and that potential risk should be disclosed to Masternode operators and Dash buyers.

Disclosing risks is what sets legitimate investments apart from blue sky rip-offs.

[MasterMined710]

masternodes don't technically ever take possession of the coins so no need to worry about money-laundering charges or unlicensed money services.  the law will probably treat masternodes similar to tor nodes.

I'm not sure "technically" is enough to keep you out of Dutch jail for money laundering.

It is for Dash, that's how our tech works.
Your coin on the other hand is now illegal unfortunately, sorry to hear about that bro.  

You can't win them all, BLNT icey.

[estenity]

How to change a watching only lite client to.a working one ?

I'm sorry, I don't understand the question?

My wallet contains some dash that i want to send , but sending does not work and i see thé mention
"Watching only "
How go get it operational ? Or functional ? Or efficient ?

If the only balance you see is "watching only", you probably used "importaddress" rpc cmd when you should've use "importprivkey". You can't spend watch only balance from such wallet, you need to import private key to be able to spend these coins.

thank you for your response
but i dont know how to do it

documentation on the site is not clear
there is only a video : https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=1867821
which is no usable for me, too difficult to understand
a tutorial would be helpful

[stealth923]

didnt take long before Monero was deemed an illegal blockchain - It was never going to go mainstream anyways, some people are just very naive - including IceBreakerTroll

So happy that Dash changed direction to aim for bigger goals rather than pin all your hopes on a one trick pony.

[MasterMined710]

didnt take long before Monero was deemed an illegal blockchain - It was never going to go mainstream anyways, some people are just very naive - including IceBreakerTroll

So happy that Dash changed direction to aim for bigger goals rather than pin all your hopes on a one trick pony.

They had a good run, too bad it all had to end like this. R.I.P. XMR 

Dash FTW!

[Terzo2]

didnt take long before Monero was deemed an illegal blockchain - It was never going to go mainstream anyways, some people are just very naive - including IceBreakerTroll

So happy that Dash changed direction to aim for bigger goals rather than pin all your hopes on a one trick pony.

They had a good run, too bad it all had to end like this. R.I.P. XMR 

Dash FTW!

 I guess It's time to short some XMR 

[estenity]

didnt take long before Monero was deemed an illegal blockchain - It was never going to go mainstream anyways, some people are just very naive - including IceBreakerTroll

So happy that Dash changed direction to aim for bigger goals rather than pin all your hopes on a one trick pony.

They had a good run, too bad it all had to end like this. R.I.P. XMR 

Dash FTW!

 I guess It's time to short some XMR 

source ? what is the entity deeming it illegal ?

[dafdaf]

and monero here? Right in the fartzone of crypto?

The shitcoin zone, actually?

[DARKHOLDER]

Polo lending market last few mins about -2k DASH, ~ 1k - 1.5k DASH sold between 0.0168 and 0.0165 :O

Looks like we found a new shorter - only 11k DASH left to short - bids about 400 btc again - seems like someone is going to buy us up again after his short is going red - at least thats what i think/hope

gl all
[/quote
There on polo is almost 33k to short...where you find 11k?

[balu]

https://poloniex.com/lending#DASH --> currently 11600

[Terzo2]

Guys....
Unfortunately there are no news or post or blogs about the upcoming DASH upgrade to 12.1.

[qwizzie]

Guys....
Unfortunately there are no news or post or blogs about the upcoming DASH upgrade to 12.1.

Are you sure ?

https://www.dash.org/forum/threads/12-1-announcement-finalized-date-project-update.12614/

Launch date v12.1 : February 5th, 2017.

Right now they are stress-testing the hell out of Testnet
Link : https://www.dash.org/forum/threads/12-1-testnet-testing-phase-two-ignition.10818/page-14#post-112051

Poor old Testnet deserves a nice long break after all this, but i doubt it will get that break  

[Terzo2]

Guys....
Unfortunately there are no news or post or blogs about the upcoming DASH upgrade to 12.1.

Are you sure ?

https://www.dash.org/forum/threads/12-1-announcement-finalized-date-project-update.12614/

Launch date v12.1 : February 5th, 2017.

Right now they are stress-testing the hell out of Testnet
Link : https://www.dash.org/forum/threads/12-1-testnet-testing-phase-two-ignition.10818/page-14#post-112051

Poor old Testnet deserves a nice long break after all this, but i doubt it will get that break  

Only the dash forum... And one blog named coinjurnal.

It's time for the big crypto media to step up. Someone should notify them.

[iCEBREAKER]

The shitcoin zone, actually?

very sad for a crypto with a nearly 170 Million Marketcap to rely on these 2 cryptoradio-trolls.  

Lighten up Francis!

Ten warning signs regarding people involved in/with a potentially unsafe group/leader.
https://culteducation.com/warningsigns.html

    Extreme obsessiveness regarding the group/leader resulting in the exclusion of almost every practical consideration.

["zomg Evan is the greatest Dev since Satoshi"]

    Individual identity, the group, the leader and/or God as distinct and separate categories of existence become increasingly blurred. Instead, in the follower's mind these identities become substantially and increasingly fused--as that person's involvement with the group/leader continues and deepens.

["zomg let's all come together as one Dash Nation"]

    Whenever the group/leader is criticized or questioned it is characterized as "persecution".

["zomg let's respond to ever criticism of Dash by calling the critic a Troll"]

    Uncharacteristically stilted and seemingly programmed conversation and mannerisms, cloning of the group/leader in personal behavior.

["zomg The Instamine has already been Duffplained away!  Believe our Duffsplanations!"]

    Dependency upon the group/leader for problem solving, solutions, and definitions without meaningful reflective thought. A seeming inability to think independently or analyze situations without group/leader involvement.

["zomg who cares about an overwhelming vote to increase Dash blocks to 2mb?  Evan knows best so Evolution is the priority!"]

    Hyperactivity centered on the group/leader agenda, which seems to supercede any personal goals or individual interests.

["zomg Evan is speaking about EvoluSham Vaporware at yet another conference.  This time it will result in legitimacy for Dash, for sure!"]

    A dramatic loss of spontaneity and sense of humor.

["zomg I can't believe Bitcoin Uncensored and Fluffy aren't a bunch of humorless prigs like me and my fellow Evan's Gate cult members!"