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

[NibiruHybrid]

Dash Masternode, Merchant Counts Reach All-Time High Despite Bear Market

Dash’s masternode count, as well as its merchant adoption levels, have reached all-time highs in the midst of a cryptocurrency-wide bear market.

The cryptocurrency markets have experienced a sharp correction since the end of last year, falling from a combined valuation of $830 billion in early January to its present level of about $253 billion. This is under a third of its all-time high, yet still ranks higher than valuations before the end of November last year, and over double what it was one year ago. Dash has similarly experienced these valuation fluctuations, beginning last year at around $10 per coin, rising to over $1,500 by the end of the year, and presently valued at around $200.

Read more - https://www.dashforcenews.com/dash-masternode-merchant-counts-reach-all-time-high-despite-bear-market/

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[qwizzie]

To those who are wondering what Icey is up to : https://www.dashcentral.org/p/demote-ryan-taylor-to-an-advisory-role

This got to be the saddest case of trolling and most shallow attempt at trying to disrupt the Dash community, i have ever witnessed !!
(and trust me, i have witnessed a lot of sad trolls and shallow attempts at disruption in my lifetime).

Icey : you are loosing it !! Not just the five dash of your budget proposal, but apparentely also your sanity as the analytic part of your brain should have warned you that this was not gonna work. It is very much a very very

[visionary]

Looking at cryptocurrency exchange rate, we can see that dash coin rate has not dropped so much compared to bitcoin. The coin has long been well-established and holds the 15th position

[NibiruHybrid]

Coinbase Custody Explores Adding Dash

Coinbase announced via a Medium blog post that the Coinbase Custody division will be evaluating the addition of 37 more coins, including Dash.

Coinbase Custody was started this past July 2 to be “a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way.” The service includes “segregate[d] cold storage”, “financial and security controls”, “dedicated coverage”, “insurance”, and “multi-user accounts”, according to their website, to adapt to the requirements of institutional investors.

Their post did stress that this would be for “storage only” and that they “have not yet considered these assets for trading”. Coinbase added that they made the announcement internally and publicly at the “same time to remain transparent with our customers about support for future assets”. The post continued to highlight that this is still a developing process and that no commitments have yet been made.

Read more: https://www.dashforcenews.com/coinbase-custody-explores-adding-dash/

[Lukas_Jackson]

To those who are wondering what Icey is up to : https://www.dashcentral.org/p/demote-ryan-taylor-to-an-advisory-role

This got to be the saddest case of trolling and most shallow attempt at trying to disrupt the Dash community, i have ever witnessed !!
(and trust me, i have witnessed a lot of sad trolls and shallow attempts at disruption in my lifetime).

Icey : you are loosing it !! Not just the five dash of your budget proposal, but apparentely also your sanity as the analytic part of your brain should have warned you that this was not gonna work. It is very much a very very

 
The proposal even reads like it is him.
Newer people may not understand, but this attempt is so obvious to us. When you read the comments he made at dashcentral.org you can be sure it is icehole wanting to disrupt and delay the project. Also you can be sure that he is going to use the reaction from our veterans (who knows this despicable, bullshit troll) against us.
The funny thing is...a new ammo to waste another 4 years to troll Dash  

  Icebreaker

[vgk88]

I think that new modems for mining Dash has interested many miners. I think this will help Dash to grow in price.

[yonton]

$180 dash = Game over

[wangxiaoyan888666]

Dash this coin can be held for a long time, the technical content is still very high. Finally, the project team can manage some market activities to attract more investors to participate.

[smt_red]

Interesting, i did not know that. Why is s dash falling when the market is booming?!

[qwizzie]

Interesting, i did not know that. Why is s dash falling when the market is booming?!

The same reason every altcoin is falling currently, because they are all connected to and influenced by Bitcoin's price movements.
Bitcoin has dropped below $6500 which means it entered a bear market again.

https://www.coinranker.net
https://cointelegraph.com/news/crypto-markets-slump-following-sec-bitcoin-etf-delay

As you can see Bitcoin has only one value, the BTC-FIAT (USD / EURO etc) value. Altcoins have two values, the value against FIAT and the value against BTC.

This means when Bitcoin drops in value, the value of altcoins against FIAT will drop automatically with it. If certain altcoins are also performing badly against Bitcoin itself (against BTC value), you will see an even heavier decline.

Dash is performing pretty stable against BTC value but can't escape Bitcoin's price decline, so it gets dragged down in FIAT value.

[NibiruHybrid]

Majority of Bitcoin Transactions Are Speculative, Dash Transactions Are Real World Usage

New analysis by Lilita Infante at the U.S. Drug Enforcement Administration has shown that the dynamic between illegal activities and speculation on the Bitcoin blockchain has flipped over the past five years from being predominantly illicit activities to now predominantly speculative activities.

“The volume has grown tremendously, the amount of transactions and the dollar value has grown tremendously over the years in criminal activity, but the ratio has decreased. The majority of transactions are used for price speculation.’’

The article discussed that when Infante first started Bitcoin cases around five years ago that “her analysis of blockchain data showed criminal activity was behind about 90 percent of transactions in the cryptocurrency”. Since then, “illegal activity has shrunk to about 10 percent and speculation has become the dominant driver”.

Read more: https://www.dashforcenews.com/majority-of-bitcoin-transactions-are-speculative-dash-transactions-are-real-world-usage/

[NibiruHybrid]

DEA Agent: Privacy Coins Lack Liquidity and There Are “Ways of Tracking Them”

According to an agent for the US Drug Enforcement Agency (DEA), Bitcoin is used more than its more private competitors due to its higher liquidity.

Speaking on the shift in the most common purpose of cryptocurrency transactions, DEA special agent Lilita Infante said that cryptocurrency has shifted from primarily used for illicit means to a majority speculative purpose. Additionally, according to Infante, the vast majority of illicit transactions are still done in Bitcoin, rather than coins such as Monero and Zcash with enhanced privacy features. This is reportedly because of significantly lower liquidity for these coins.

Read more: https://www.dashforcenews.com/dea-agent-privacy-coins-lack-liquidity-and-there-are-ways-of-tracking-them/

[goldart]

DEA Agent: Privacy Coins Lack Liquidity and There Are “Ways of Tracking Them”

According to an agent for the US Drug Enforcement Agency (DEA), Bitcoin is used more than its more private competitors due to its higher liquidity.

Speaking on the shift in the most common purpose of cryptocurrency transactions, DEA special agent Lilita Infante said that cryptocurrency has shifted from primarily used for illicit means to a majority speculative purpose. Additionally, according to Infante, the vast majority of illicit transactions are still done in Bitcoin, rather than coins such as Monero and Zcash with enhanced privacy features. This is reportedly because of significantly lower liquidity for these coins.

Read more: https://www.dashforcenews.com/dea-agent-privacy-coins-lack-liquidity-and-there-are-ways-of-tracking-them/

I really like this article, I think DASH has been actually much undervalued at the moment.
good information that show how powerful is Dash.

[qwizzie]

Dash isn't *that* private.

It actually is. Dash privacy has never been broken. Unlike Monero (https://www.wired.com/story/monero-privacy/)

Always be carefull around privacy-centric cryptocurrencies (like Monero) that run the risk of having security flaws that could be
applied retroactively to transactions that took place on their blockchain. It could allow observers to dig up
old skeletons buried in the currency's blockchain.



This specific risk does not apply to Dash, due to how Dash handles its privacy.

[iCEBREAKER]

With Dash under $180, 100% of the Treasury budget is required to pay big fat greedy pig Core Group Inc's dozens of generously compensated salaried employees, lawyers, and PR contractor schmucks, leaving nothing for KuvaCash, D-A-CH Embassy, Dash Venezuela, Dash Africa, etc.

Now the massive Dash-denominated Treasury allocation earmarked for paying off Core Group Inc's back taxes won't cover the USD amount due, so we may look forward to more demands that MNOs pony up Dash to be dumped for fiat and fed to the IRS beast of Babylon.

Is that failure-rewarding behavior Satoshi's Vision, or a centralized blockchain start-up with a massive burn rate exceeding its revenue and about to crash-and-burn by overshooting its runway?

[bigrcanada1]

Well...hello friend, see you've been busy on Discord and DASH Central.

 

[qwizzie]

Well...hello friend, see you've been busy on Discord and DASH Central.

  

Yeah, Icey has been busy lately :

* busy failing to drive a wedge between CEO of DashCoreGroup and Dash community on Dash Central through a polling proposal
* busy failing at trolling on this Bitcointalk forum for four years in a row now
* busy failing at trolling on the Reddit channel
* busy failing at trolling on the Discord channel
* busy failing at trolling on the Dash.org/forum
* busy failing at trolling in general

At this point Icey pretty much became an open book to us at the Dash community, an open book that is easy to read but is lacking
both a good narrative and interesting plots. You know .. one of those cheap books you buy for a few bucks in a store somewhere,
read halfway through it and then fall asleep and loose interest in it the next morning, wondering why you picked it up in the first place.

[bamsterdam]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

[qwizzie]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

Next quarterly summary call is scheduled for the 10th of august 2018, which should include the release of the new roadmap
Link : https://www.dash.org/forum/threads/dash-core-group-q2-2018-summary-call-10-august-2018.39895/

With regards to creating a buffer to use in future bear markets, DashCoreGroup started this recentely through a (recurring) budget proposal
Link : https://www.dashcentral.org/p/coreteamcomp0918

With regards to Bitcoin ETF, latest news is that the SEC will decide on 9 Bitcoin ETFs in the next two months. I'm hoping at least the VanEck/SolidX Bitcoin ETF will be approved (seems the most likely ETF to get approved as its coming from reliable exchange Cboe BZX).
Link : https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

Personally i think that Bitcoin will limit its fall to somewhere in the 5k range, if its bearmarket would intensify. At least i hope it does.
Shit will really hit the fan if it drops to 4k (mining getting unprofitable, severe blood in the street for altcoins etc).
 

[lesterdesa]

Thank GOD his alive i miss his JOKE posts .