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

[JollyGood]

Without doubt I agree with you and others in principle about the re-allocation of a higher percentage of block rewards away from miners - that would show miners they are not as valued in the whole process. I also think masternode operators do have a consolidation of power which might be way too unhealthy for the project in the long run but for now what is the alternative?

Is there a possibility of masternode operators such as yourself could form a coalition of the willing rather than have a simple vote system? If there are for example a large number of masternode operators all with one agenda working under one banner so to speak, then that in itself would surely be the way forward to change course. Has that been attempted yet?

Of course you are right, you and others have an equal right to voice concerns especially when you see something akin to an existing failure. If you see proposals that will exacerbate the situation then you should be more vocal, all those things I understand but the way forward to be heard is beyond the remit of this forum. You are in a better position than many because you are a masternode operator so what is stopping you approaching other masternode operators to try and form an alternative vision?

I assume you mean people who voice displeasure at Ryan's proposal to reallocate more of the block rewards away from miners? So far I never had a lack of faith in the dev team, they have been doing great work. But I do have a lack of faith in Ryan's direction.  

I can only speak for myself . I try to emphasise that Dash has fantastic technology and innovations, which lead me to Dash in the first place. I'm sure if you read all my posts you will see that written in more than one place. I am heavily invested in Dash and a masternode owner. So yes a disgruntled investor if thats how you wish to define it. I am happy with all aspects of Dash except the block allocation. I think it should reward miners more not less. Because I wish Dash to become a better store of value.

I am also entitled to express my viewpoint. Particularly when I see not only a failure to see an existing problem, but then a proposal which will make that problem worse. Of course I will express displeasure when I think my investment will suffer. I am trying to protect my investement just as you are with your fighting for the proposal. I can see Ryan/your side. I just disagree with it. However I sometimes think some of the proposal backers refuse to question their belief (or entertain in any way that it could have the wrong effect). By debates on here and on discord it is obvious people are not listening

[TaoOfSaatoshi]

Crypto in U.S. Banks, Coinsquare CEO Resigns in Scandal, Buy Anything with Dash ...and more! | CATV LIVE

In a sure sign of cryptocurrency acceptance by the mainstream financial sector, U.S. banks are now authorized to be custodians of crypto. A regulatory probe has revealed misdeeds by the management of Canadian digital currency exchange Coinsquare, leading to CEO Cole Diamond's resignation. After a partnership with Dingo Deliveries, Venezuelans in Caracas using Dash can now buy literally anything with it. All this and more on this weekend's episode of CATV LIVE.



Today at 4PM UTC. Thanks for watching and participating!

[Tungi17]

Dash Core Group to Release Next Update, to Launch Testnet By Yearend
https://cointelegraph.com/news/dash-core-group-to-release-next-update-to-launch-testnet-by-yearend

[TaoOfSaatoshi]

Dash Platform v0.14 Released on Evonet!

It's always an exciting time when a new Dash Platform version hits Evonet, because it's a reminder that the promise of it is right around the corner. Dash's smooth, fast, optionally-private network will soon pair with the accessibility and ease-of-use that comes with a decentralized API. On this episode of CATV, Christopher details this latest release by the hard-working Dash developers.



Thanks for watching!

[Pang.]

It is evident that all the technology that is supposed to be behind Dash does not serve to shade dad BTC.

At this point it is not worth looking for culprits, because it is evident that no one has forced us to trust this currency, especially in a wild and manipulated market.

The great economic loss that it has been to abandon BTC to have Dash for an investor I doubt that it will be reversed.

It should also be added that the cursed currency is not Dash, if not the whole general scenario, only it is pitiful to see BTC clones such as BSV BCH Litecoin, with such huge capitalizations compared to Dash.

We can say that the market is irrational, but for so many years irrational?

The holders are missing something, and it's not just the money invested.

a greeting

[JollyGood]

I would simplify it even further like this: regardless of the technology behind any crypto and regardless of the debates stating one crypto has various benefits over another, I think it is clear that those wanting to trade-for-profit (without looking at so-called moral values behind a crypto) will buy and sell at times that suit them.

The buying and selling should make no difference no matter which market capital various other crypto have.

[toknormal]

We can say that the market is irrational, but for so many years irrational?

The holders are missing something, and it's not just the money invested.

Perhaps they just buy the ones that are most valuable and sell the ones that are least valuable.

If, given 2 identical chains:

 • the entire supply of the first is subjected to competitive mining while
 • the supply of the other is inflated arbitrarily on a purely numerical basis

...then the market may favour the first as the more valuable.

No need to look further for philosophical answers.

[qwizzie]

I would simplify it even further like this: regardless of the technology behind any crypto and regardless of the debates stating one crypto has various benefits over another, I think it is clear that those wanting to trade-for-profit (without looking at so-called moral values behind a crypto) will buy and sell at times that suit them.

The buying and selling should make no difference no matter which market capital various other crypto have.

I would simplify it even further : The crypto market moves in a mysterious way. Distrust anyone claiming to fully understand the cryptomarket, as that person would already be beyond rich and would have no reason to
hang out on this forum  

[jdmcg]

Guys, BTC just broke $10.5K.... after a double top in Feb and Jun of this year... the macro trend for BTC since its ATH in Dec 2017 has broken to the upside and this means that cryptocurrency as a whole has just turned incredibly bullish. Yes, not just for BTC but for the entire asset class as BTC is just the flagship crypto and safest investment of the group.

Here's some advice, my opinion only, not financial advice...

1) Buying BTC with alts now might be similar to buying alts with BTC in 2018
2) BTC will do well and will likely see $14K soon, but alts will likely have a greater % increase by then or shortly after and when BTC hits 20K again, alts will really shoot up
3) Buy severely depressed alts like DASH... buy low, sell high
4) Buy DASH when the price per coin is less than XMR (like now). It has always turned out very well for the DASH purchaser
5) When DASH breaks above 0.01 BTC it will explode to the upside

Enjoy this time... where it's now time to buy the dips.

[Tungi17]

Another Successful Dash Budget Cycle passed, 4419.69 Dash will be paid out across all voted in DAO projects in the next 24h
(see u next month)
https://www.dashcentral.org/budget
https://app.dashnexus.org/proposals/active

[toknormal]

Congratulations to those who supported the DCG proposal for block reward re-allocation and to Ryan for getting his policy endorsed with such a wide margin.

I hope it delivers the objectives you anticipate.

[JollyGood]

You said it...  I wish I could have articulated my point as clearly as you.

You are right, there are too many people in various forums claiming to be experts in their chosen fields and advising people when to take various forms of action (buy, sell, trade, etc) but as you rightly said they would be rich beyond their wildest expectations and would not even bother to post here.

If anybody managed to understand the mysterious ways in which the market moves they would probably make Bill Gates look like a pauper.

I would simplify it even further like this: regardless of the technology behind any crypto and regardless of the debates stating one crypto has various benefits over another, I think it is clear that those wanting to trade-for-profit (without looking at so-called moral values behind a crypto) will buy and sell at times that suit them.

The buying and selling should make no difference no matter which market capital various other crypto have.

I would simplify it even further : The crypto market moves in a mysterious way. Distrust anyone claiming to fully understand the cryptomarket, as that person would already be beyond rich and would have no reason to
hang out on this forum  

[toknormal]

If anybody managed to understand the mysterious ways in which the market moves they would probably make Bill Gates look like a pauper.

Interestingly, the DCG proposal that's just passed claims to do just that.

[TaoOfSaatoshi]

Buy Anything in Venezuela with Dash and Dingo!

Venezuelan Blue Hearts have a lot of reasons to hold Dash. They can hold it as a store of value from their crumbling national currency, as an easy means to exchange value, and now it's easier than ever to spend it! In this episode of CATV, we find out all about the newest integrations from Lorenzo Rey of Dash Text and Giorgio Marinetti of Dash Help.



Thanks for watching!

[toknormal]

What the market values right now, what it doesn't...and why.

[jdmcg]

....

Are you hoping if you repeat something enough times it becomes true?

https://en.wikipedia.org/wiki/Illusory_truth_effect

[toknormal]

Are you hoping it doesn't ? In vain it would seem 

[thunderjet]

It is evident that all the technology that is supposed to be behind Dash does not serve to shade dad BTC.

At this point it is not worth looking for culprits, because it is evident that no one has forced us to trust this currency, especially in a wild and manipulated market.

The great economic loss that it has been to abandon BTC to have Dash for an investor I doubt that it will be reversed.

It should also be added that the cursed currency is not Dash, if not the whole general scenario, only it is pitiful to see BTC clones such as BSV BCH Litecoin, with such huge capitalizations compared to Dash.

We can say that the market is irrational, but for so many years irrational?

The holders are missing something, and it's not just the money invested.

a greeting

As I said many times on this forum.It does not matter how project is good,how technology behind it is advanced,how many good news are about coin - for most of coins ,price of coin is influenced only by will of biggest holders.The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins.It is mercilessly trashed to oblivion ,because it is in hands of just few people.It needs entering of big institutional investors which have significant buying power,big enough to make pressure on other players,force them to pay much more and compete hard for every coin.Less competition on market,easier manipulation.Today, size of DASH buy/sell orders are ridiculously low.If someone will put order to buy lets say 500K of coins for just 0.01 BTC,you will see how big players become very nervous.

So,DASH market is not irrational - it is just heavily centralized to serve interests of few people.These people does not know to build market step by step and make money through it.Trashing coin is only way they know to make some money.Problem with such attitude is that after few trashing, coin dies in great pain,because no one will invest in it, no matter what price is it or how many positive news(false and true) are generated.Few die hard investors will dump remaining coins on first occasion and that is the end.Many coins died because of these reasons and many more will follow.For few years, we will have much less coins on market,more stablecoins and tokens issued by different projects.

[qwizzie]

Dash Wealth Distribution



Source : https://chainz.cryptoid.info/dash/#!rich

Litecoin Wealth Distribution



Source : https://chainz.cryptoid.info/ltc/#!rich


Conclusion : Dash wealth distribution is not that centralized as certain people claim it to be, Dash only has 5,9% in top 10 addresses. Litecoin has 12,3% in top 10 addresses
Even in the top 100 addresses, Dash is scoring pretty low with 17,5%. Litecoin has a much higher score there too (43,1%).
Same for top 1000 addresses where Dash is scoring 31,5% and Litecoin is scoring 64,9%.
Note : the higher the score in top 10 addresses / top 100 addresses  / top 1000 addresses, the higher the centralization.

Just looking at Dash wealth distribution, i suspect Dash is scoring pretty well with regards to healthy wealth distribution among all the crypto projects out there and has much higher
decentralization (less centralization among top 10 / top 100 / top 1000 addresses), then most people realize.    

[Tungi17]

Let’s talk Dash Dapps feat. Chrome Wallet (Ep 1) by readme

https://youtu.be/IjjsQNd3Zto