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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9606948 times)
NibiruHybrid
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May 20, 2018, 03:26:13 PM


Why Dash’s Greatest Innovation Is Its Biggest Weak Spot


Several friends at conferences recently have echoed a sentiment that I’ve held myself for a while, that the Dash community tends to hesitate on pushing mass adoption. This is because of the upcoming Evolution platform all the ease of use that it promises to deliver. At the risk of upsetting some people who may have espoused this approach, I feel strongly that the greatest innovation of Dash’s to date may have ended up being its biggest barrier to taking over the cryptoverse.


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espressodelisi
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May 20, 2018, 03:58:37 PM


Why Dash’s Greatest Innovation Is Its Biggest Weak Spot


Several friends at conferences recently have echoed a sentiment that I’ve held myself for a while, that the Dash community tends to hesitate on pushing mass adoption. This is because of the upcoming Evolution platform all the ease of use that it promises to deliver. At the risk of upsetting some people who may have espoused this approach, I feel strongly that the greatest innovation of Dash’s to date may have ended up being its biggest barrier to taking over the cryptoverse.



I agree. We are already the best crypto-currency, digital cas. We have usable core wallet, we have android wallet with instasend. Just need to push harder for adoption.

Whet keeps a small shop from accepting dash? Just install the android wallet on a cheap tablet and good to go. Enter the amount in fiat value, and it'll convert the amount to dash and shows the QR code to customer, customer than pay his coffee and cookie with his android phone using instasend. quicker than using credit cards. No middleman to get it's cut and easier to use.

DASH: Xh6P9GYFFGB4HYoSAud588opANYL4BGGgW
qwizzie
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May 20, 2018, 06:06:57 PM
Last edit: May 20, 2018, 06:39:59 PM by qwizzie


Why Dash’s Greatest Innovation Is Its Biggest Weak Spot


Several friends at conferences recently have echoed a sentiment that I’ve held myself for a while, that the Dash community tends to hesitate on pushing mass adoption. This is because of the upcoming Evolution platform all the ease of use that it promises to deliver. At the risk of upsetting some people who may have espoused this approach, I feel strongly that the greatest innovation of Dash’s to date may have ended up being its biggest barrier to taking over the cryptoverse.



Quote
From speaking personally to people who were caught up in this event I’m very confident that, had Dash pushed aggressively to be the top payments cryptocurrency two years ago, we would be on top by now.

I doubt that very much. Bitcoin would still have fractured through multiple hard forks (each fork attracting a lot of attention / speculation), ICO mania would still have happened and also the market cycles that drive each cryptocurrency into a bear or a bull market would still have had its effect.    

Besides, two years ago there were a lot of budget proposals from Dash Core-Team focussing on making Dash a top payment provider by enabling FIAT gateways and OTC markets (World of Coins for example), getting Dash pairs on new exchanges (Kraken and numerous other exchanges)
and forming strategic partnerships that helps Dash to strengthen its role as payment provider (Blockcypher for example). Frankly i dont see what the Dash Core-Team could have done differently at that time and with the resources back then at its disposal.

Other cryptoprojects like to hype their project to attract more speculation, Dash is not such a project. Hype a project too much and it becomes damaging to both the project and its community.

    

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yonton
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May 20, 2018, 08:38:41 PM

Personally, I think... What's holding Dash back? Regulation. Privacy coins in particular will obviously be put under more pressure than transparent blockchains. I do feel however, that from an economic standpoint, any time something is being suppressed by governments it makes it stronger. I'm willing to bet (literally) that privacy coins will outperform the market in the near future. Over 90% of the crypto market is Pixi dust but Privacy coins hold the the most important use case of all.
NibiruHybrid
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May 21, 2018, 01:27:50 PM


Australia Bans Cash Payments over $10,000 AUD


he government of Australia plans to make cash payments over $10,000 AUD ($7,500 USD) illegal starting on July 1 2019. Afterwards, all payments over that amount will have to be made via check or debit/credit card.

The Aussie government cites criminal activity, tax evasion, and “encouraging the transition to a digital society” as reasons for its ban. Treasurer Scott Morrison, said “[t]his will be bad news for criminal gangs, terrorists and those who are just trying to cheat on their tax” and that “t’s a crime.” To enforce the ban, the government approved the creation of a $300 million Black Economy Standing Taskforce who is tasked with generating $3 billion of new tax revenue over the course of four years.



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afbitcoins
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May 21, 2018, 01:43:56 PM

Personally, I think... What's holding Dash back? Regulation. Privacy coins in particular will obviously be put under more pressure than transparent blockchains. I do feel however, that from an economic standpoint, any time something is being suppressed by governments it makes it stronger. I'm willing to bet (literally) that privacy coins will outperform the market in the near future. Over 90% of the crypto market is Pixi dust but Privacy coins hold the the most important use case of all.

You might be onto something. Maybe we will see more of this
in the future as governments continue to fight people's right to freedom and privacy.

I find it both scary and amusing the way governments are openly attacking our freedoms. Most sheeple still not aware. The bliss of not knowing you are a slave.
afbitcoins
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May 21, 2018, 02:00:18 PM

Thought I'd share my chart, this Dash v Bitcoin pair on log scale.



Dash is still correcting from the gigantic spike about a year ago, rangebound since. MACD and RSI indicators both look in oversold territory and hint might cross bullishly up in near future but might have to endure a final sell off first. Volume is potentially misleading a year ago polo was were nearly all Dash trading happened, it is much more diversified now.

My assessment is to aggressively buy  any steep dip if it materialises which might be a great chance to buy at cheap levels. Like a year ago I wonder if Dash will lead the charge on the next big crypto moves. Dash has great potential.

Obviously these thoughts are my own. Do your own dilligence.
Hindafing
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May 21, 2018, 02:04:51 PM

Is it true that some exchanges in asia will delist dash, monero and some more anonymous coins in the future? What will happen to the price of Dash, will it have a big effect?

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Lontonbit
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May 21, 2018, 02:22:14 PM

Is it true that some exchanges in asia will delist dash, monero and some more anonymous coins in the future? What will happen to the price of Dash, will it have a big effect?
This has already happened.
http://bitcoinist.com/monex-owned-coincheck-confirms-delisting-of-privacy-coins/

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qwizzie
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May 21, 2018, 02:55:25 PM
Last edit: May 21, 2018, 03:08:58 PM by qwizzie

Thought I'd share my chart, this Dash v Bitcoin pair on log scale.



Dash is still correcting from the gigantic spike about a year ago, rangebound since. MACD and RSI indicators both look in oversold territory and hint might cross bullishly up in near future but might have to endure a final sell off first. Volume is potentially misleading a year ago polo was were nearly all Dash trading happened, it is much more diversified now.

My assessment is to aggressively buy  any steep dip if it materialises which might be a great chance to buy at cheap levels. Like a year ago I wonder if Dash will lead the charge on the next big crypto moves. Dash has great potential.

Obviously these thoughts are my own. Do your own dilligence.


Yeah, i just checked the OBV on HitBTC.com (largest Dash volume) and it does indeed fluctuate a lot more there, in comparison with this static flat-lined OBV on Poloniex.
Which is good to know, if you want to take the OBV indicator into account.

Quote
OBV is a simple running total of up day (added) and down day (subtracted) volume. If OBV is moving with price it confirms the current trend. Divergences between OBV and price indicates the price may be due for a reversal.
Using trendlines can aid in spotting divergences and trading opportunities. OBV can also help forecast breakout directions in price. OBV is not without its faults though. Volume spikes can skew the indicator, making objective
analysis more difficult. Also, while it may appear that OBV often leads price, this is often simply a case of searching for evidence we wish to find.
Therefore, OBV is a tool to be used in addition to price analysis, but shouldn’t be relied on solely.

Link : https://traderhq.com/trading-indicators/understanding-on-balance-volume-and-how-to-use-it/




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NibiruHybrid
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May 21, 2018, 06:41:30 PM


Mining Pools Consider Donating to Bitcoin Cash Development in “Treasury” Model


Bitcoin Cash miners recently discussed using a portion of mining rewards to fund development in a “treasury” model similar to what Dash pioneered.

According to Bitcoin.com, a meeting of many of Bitcoin Cash’s key industry players at the Coingeek converence included brainstorming on the topic of development funding by repurposing a part of the miners’ block reward, implementing a system for miners to vote on budget proposals:



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afbitcoins
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May 21, 2018, 10:05:37 PM

Qwizzie I'm not sure why I still have OBV indicator on my chart, I don't pay much attention to it.

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Mining Pools Consider Donating to Bitcoin Cash Development in “Treasury” Model

First they ignore you then they laugh at you then they copy your ideas
TheCrimsonFucker
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May 21, 2018, 10:33:42 PM

Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?
Lontonbit
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May 22, 2018, 02:55:20 AM

Dash is getting dumped friggin hard! Anyone know what’s goin on?

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Lontonbit
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May 22, 2018, 03:30:11 AM

Buyers remorse Sad how did I pick the worst performer in the entire market! Shit

It’s gold for nerds
qwizzie
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May 22, 2018, 08:05:18 AM
Last edit: May 22, 2018, 08:35:09 AM by qwizzie

Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?

I think you can consider Dash an elite currency in the sense that it has evolved (and still is evolving) from a mostly privacy focussed cryptocurrency to a multi-use crypto platform (privacy, instant transactions, dapi, useraccounts, decentralized apps).
The technology behind this (Dash Evolution) will make Dash more elite. Within Dash itself there are also elite elements : masternodes, asic miners, governance, budget, sentinel.

Dash vision however is clearly focussed on being used by the masses (meanstream adoption). With regards to Dash going to the moon by the end of this year (or as i prefer to say : reaching and passing its current ATH),
nobody knows the future and it pretty much depends on if you trust Dash core-team to deliver what they set out to do and if you have faith in Dash as a cryptocurrency to overcome a bear market in time.

Seems some have more faith then others  Roll Eyes


  

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May 22, 2018, 08:12:15 AM
Last edit: May 22, 2018, 08:29:45 AM by qwizzie

Buyers remorse Sad how did I pick the worst performer in the entire market! Shit

Please stop making false accusations, Dash is not the worst performer by a long shot and all this whining about the price
that only moved a few %,  comes across as very immature and clearly shows your insecurity.



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Lontonbit
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May 22, 2018, 11:49:54 AM

It’s the only one making new lows on the weekly:(

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qwizzie
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May 22, 2018, 12:20:43 PM

It’s the only one making new lows on the weekly:(

Incorrect !! Again !! There are at least 4 cryptocurrencies that are having worst weekly % then Dash (Bitcoin Cash, Stellar, IOTA and NEM)
(i suspect we can add Monero to that list pretty soon too)



Get you facts straight before posting please, it saves me the hassle of having to correct you all the time.
Thank you.



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
NibiruHybrid
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May 22, 2018, 12:22:27 PM


Operation Crypto-Sweep to Investigate Cryptocurrency Investments


More than 40 U.S. states and Canadian provinces comprise the North American Securities Administrators Association in charge of the recently launched investigation of “fraudulent Initial Coin Offerings (ICOs)” and other “cryptocurrency-related investment products”.

So far, the plan has purportedly started 70 investigations. President of the NASAA, Joe Borg, said that “the persistent exploitation of the crypto ecosystem by fraudsters is a significant threat to Main Street investors in the United States and Canada”. He also related the current investigation to the 1990s initiative to fight fraud in the internet stock sector during the dot-com bubble.

Joseph Rotunda, the director of enforcement at the Texas State Securities Board said that “the market for cryptocurrency investments is saturated with fraud, and our work is only revealing the tip of the iceberg”. His agency previously issued a warning letter to U.K.- based BTCrush that it was violating securities laws with its marketing. They also issued a cease and desist order to Bitconnect back in January. These recent events reveal that government regulators are starting to take action on investigating what they perceive as fraudulent ICOs and cryptocurrency activities.



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