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

[toknormal]

You are literally the only one who cares about that (competitiveness). The rest simply looks at how Dash is performing:

LoL. Are you trying to convince yourself ?

Performance = Competitiveness as well you know and have promoted over the years.

Cherry picking a shallow m.c. rise out of a catastrophic 3-year decline in BOTH marketcap AND ranking is is bit desperate.

[qwizzie]

Some people just don't have the stomach for long term investing in cryptocurrency i guess. They get obsessed over other cryptocurrencies outperforming
the cryptocurrency they are (over)invested in and fail to take into account that each cryptocurrency has it own cycle of long term up trends and long term down trends.

You will see them create irrational posts about coins like Dogecoin temporary outperforming Dash (due to a TikTok pump no less), in order to try to convince other people that Dash is failing them too.
And if Dogecoin a few weeks later is processing its dump, they switch to other coins like Ethereum Classic in a desperate move to still prove their point. Or they come up with Dash falling out of
top 10 mined cryptocurrencies as a complete disaster, pulling out their doomsday predictions again.

It is pointless to debate with such people, and frankly they come across as a bit pathetic.

  

[WastedLTC]

Chains with zero utility, no masternode rewards and 100% mining reward have consistently out-valued our marketcap.

Thousands of coins are underperforming Dash -- for gods sake.     At what point are you going to just let this play out and see where it takes Dash.  You made your point and your point doesn't have legs in this cycle of time.

[toknormal]

Thousands of coins are underperforming Dash -- for gods sake.     At what point are you going to just let this play out and see where it takes Dash.  You made your point and your point doesn't have legs in this cycle of time.

Unfortunately the market appears to be giving it legs, even if the community isn't. Expect that trend to continue if having "Thousands of coins underperforming Dash", is the best support that can be found for diluting the mined proportion of the coin supply.

[jdmcg]

Thousands of coins are underperforming Dash -- for gods sake.     At what point are you going to just let this play out and see where it takes Dash.  You made your point and your point doesn't have legs in this cycle of time.

Unfortunately the market appears to be giving it legs, even if the community isn't. Expect that trend to continue if having "Thousands of coins underperforming Dash", is the best support that can be found for diluting the mined proportion of the coin supply.

Well, DASH had a bit of a scary moment a couple hours ago as it looked like it might break support at 0.00757 BTC but no it bounced off it nicely and is continuing to try to break thru resistance at around 0.0079.

If it breaks thru that resistance good chance it jumps close to 0.0094 before retracing a bit. By Aug 8th or so, we might see the 50 DAY cross above the 100 DAY (called a golden cross).

I'm sure you've heard the saying 'the trend is your friend'? Sure, I might be calling it earlier than most, but I think once BTC passed $10.5 K after a double top and then again just recently testing it and holding it perfectly as support, that yes, the multi-year bear trend has been reversed. Note that the trend is largely dictated by BTC.

As I stated before, in a bear market, as coins in the same class tend to fall in price, they tend to collapse to similar values per coin. And now as the bull market just begins to take off, you'll start to see coins retrace to previous positions held during the last bull market. Coins like DASH, with low circulating supply, experience exaggerated price crashes and price booms compared to coins with largely supplies.

I would be absolutely stunned if DASH's marketcap did not pass XMR's again. I would think it's very likely DASH's marketcap will be double or even triple that of XMR's sometime during 2021. What would you say then?

[toknormal]

I would be absolutely stunned if DASH's marketcap did not pass XMR's again. I would think it's very likely DASH's marketcap will be double or even triple that of XMR's sometime during 2021. What would you say then?

I'd say use the opportunity to exit because the network aggregate masternode revenue at that price, given the current reward ratio, would be completely unsustainable.

[Co.In]

plz help i have 37k dash from 2014 but i loss my wallet how to get my coin plz help this my wallet XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh

Oh my gosh. Saw the post and shed a tear

Are you the owner of the XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh wallet, or is it not yours?

You have a encrypted wallet.dat and lost your password? I once had the same problem)

[Midas111]

Digital Currency Laboratories is building early smart contract functionality with dash. The first experiment will be a smart contract expansion oracle that seeks out onchain cross market price differences then automatically and autonomously closes the arbitrage gap then returns the proceeds minus fees to the DASH expansion oracle user.  This will be a 'safe' smart contract  experiment, initially only working for small volumes of Dash. The smart contract can be replicated manually by arbitraging price differentials on the waves network. The smart contract will send orders to operate when there is a net expansion of DASH inclusive of fees for the end user.

[jdmcg]

I would be absolutely stunned if DASH's marketcap did not pass XMR's again. I would think it's very likely DASH's marketcap will be double or even triple that of XMR's sometime during 2021. What would you say then?

I'd say use the opportunity to exit because the masternode revenue at that price, given the current reward ratio would be completely unsustainable.

Hmm... ok, but if that happened wouldn't it contradict your position that DASH is losing its competitive position vs other coins like XMR. In other words, if you're right with your theory it shouldn't be possible for DASH to pass XMR's marketcap again. So if it happens maybe you're wrong and you shouldn't completely exit?

Of course, I partially agree with you (but not for your overly repeated reasoning but just because that's how market cycles work), buy low, sell high. If 1 DASH = 8 XMR, then be careful because at some point if we don't hit mass adoption yet, we're very likely to see 1 DASH = 1 XMR all over again.

I'd say if you truly believe in your position you should exit as soon as you are break even or in decent profit. I'd imagine if your investment was in BTC, you'd look to sell your DASH at around 0.02 BTC. Who knows, it might hit that this year.

[toknormal]

Hmm... ok, but if that happened wouldn't it contradict your position

It hasn't happened.

Maybe you should be more concerned with what IS happening and why rather than what isn't. Try and stay ahead of Ether Classic before we start dreaming about Monero.

Also, if you really beleive the "happened before so it will happen again" paradigm is so powerful then at least swallow it whole. Dash pumps around 8 months ahead of Bitcoin, so it may well be that we already had ours and this was it...

[qwizzie]

plz help i have 37k dash from 2014 but i loss my wallet how to get my coin plz help this my wallet XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh

Oh my gosh. Saw the post and shed a tear

Are you the owner of the XbtvGzi2JgjYTbTqabUjSREWeovDxznoyh wallet, or is it not yours?

You have a encrypted wallet.dat and lost your password? I once had the same problem)

Always nice to see a newbie come in and read our dash ANN thread from the start. Since you are now reading posts from 2017 and are on page 6243,
you only have 625 pages to go.

If you are a bot : bad bot !

[qwizzie]

Digital Currency Laboratories is building early smart contract functionality with dash. The first experiment will be a smart contract expansion oracle that seeks out onchain cross market price differences then automatically and autonomously closes the arbitrage gap then returns the proceeds minus fees to the DASH expansion oracle user.  This will be a 'safe' smart contract  experiment, initially only working for small volumes of Dash. The smart contract can be replicated manually by arbitraging price differentials on the waves network. The smart contract will send orders to operate when there is a net expansion of DASH inclusive of fees for the end user.

Oh my, time travel huh ? Can't wait till you develop a Dapp for Dash that allows time travel  

Seriously though : thank you for the update about building early smart contract functionality with Dash.
That is exactly what Dash needs.

I guess you need InstantSend supported exchanges to close that arbitrage gap between exchanges, or can it work through any exchange ?
Would be interesting to experiment with a Dapp arbitrage-focused trading bot.  

[Midas111]

Digital Currency Laboratories is building early smart contract functionality with dash. The first experiment will be a smart contract expansion oracle that seeks out onchain cross market price differences then automatically and autonomously closes the arbitrage gap then returns the proceeds minus fees to the DASH expansion oracle user.  This will be a 'safe' smart contract  experiment, initially only working for small volumes of Dash. The smart contract can be replicated manually by arbitraging price differentials on the waves network. The smart contract will send orders to operate when there is a net expansion of DASH inclusive of fees for the end user.

Oh my, time travel huh ? Can't wait till you develop a Dapp for Dash that allows time travel  

Seriously though : thank you for the update about building early smart contract functionality with Dash.
That is exactly what Dash needs.

I guess you need InstantSend supported exchanges to close that arbitrage gap between exchanges, or can it work through any exchange  ?

It will all be onchain through the waves network for high speed throughput and 100% auditability.  There is potential to use the eth network but tx speeds on eth make it slower to execute and reduce actual functionality. Theres alot of work to be done, but other on chain exchange protocols are most likely be integrated into the dash expansion oracle smart contract. speed is everything for this type of contract to make real world benefit to end users, and in this regard ride smart contract language vastly outperforms solidity.

[qwizzie]

Good luck with it, maybe i will be one of the end users one day, who knows.

[Midas111]

Digital Currency Laboratories is building early smart contract functionality with dash. The first experiment will be a smart contract expansion oracle that seeks out onchain cross market price differences then automatically and autonomously closes the arbitrage gap then returns the proceeds minus fees to the DASH expansion oracle user.  This will be a 'safe' smart contract  experiment, initially only working for small volumes of Dash. The smart contract can be replicated manually by arbitraging price differentials on the waves network. The smart contract will send orders to operate when there is a net expansion of DASH inclusive of fees for the end user.

Oh my, time travel huh ? Can't wait till you develop a Dapp for Dash that allows time travel  

Seriously though : thank you for the update about building early smart contract functionality with Dash.
That is exactly what Dash needs.

I guess you need InstantSend supported exchanges to close that arbitrage gap between exchanges, or can it work through any exchange ?
Would be interesting to experiment with a Dapp arbitrage-focused trading bot.  

'expand now' option checks for a net gain and if there is, will execute as fast as possible with no commitment of dash to the contract unless it can execute successfully. 'time travel' option will lock DASH and execute when it finds a differential that produces a net dash expansion. Users will be able to unlock at anytime if they get tired of waiting for the oracle to find a net differential

[Midas111]

Good luck with it, maybe i will be one of the end users one day, who knows.

Thanks. Its just an early smart contract experiment with DASH. The potential is much larger for other dash enabled smart contracts but everything is one step at a time.

[jdmcg]

Maybe you should be more concerned with what IS happening and why rather than what isn't. Try and stay ahead of Ether Classic before we start dreaming about Monero.

Well, I'm trying to tell you what IS happening as well as what will very likely happen shortly... technical analysis holds more weight than any theory you've proposed so far.

There's not much else to say, other than once DASH breaks above the 200 day MA (which currently sits at about 0.0094 BTC) it will be much freer to spike up especially as golden crosses occur.

Try to enjoy the ride and not be so concerned about being right.

PS: Hope you didn't sell back in Dec 2019... ouch.

[toknormal]

Try to enjoy the ride and not be so concerned about being right.

I've always "believed" in this coin because I could see the justification for its existence. I understood and could promote the mechanics of how it could be competitive against the likes of Bitcon, Litecoin, Monero et al.

Now you're asking me to believe...."because". (Or worse still..."technical analysis").

That for me is like religion. Believing in something when the numbers don't add up. Believing that just by owning an asset you can rake in $000's of dollars per week without doing anything for anybody or even putting your investment "to work".

It's Blackcoin & Cinnicoin reasoning. Making policy priorities that appeal to each other instead of appealing to the outside market. It's also why so many quality - though perhaps controversial - people from this community have left (and will continue to leave).

To regain buoyancy, Dash needs to stop collecting fiat beyond its mining cost other than what optimally enhances its capital value. Other mined coins don't do this at all which is why they're above us in marketcap. If that "collection" process makes the masternodes a profit - nice. Buy yourself an extra week of holidays. If not, be happy with capital growth and a highly competitive holding because without that at a minimum there's no revenue either, regardless of reward ratio. There would be if we were a stable coin but we're not, so lets not behave like one.

[qwizzie]

Talking about trying turning into not trying at all, in just one post  
To try or not to try, that is the question.  

Edit : oh no, toknormal removed the trying part. I guess he decided on not to try after all  

[samuraijin]

Try to enjoy the ride and not be so concerned about being right.

PS: Hope you didn't sell back in Dec 2019... ouch.

2019 is not only on DASH almost everyone sells a lot of crypto, the market is really bearish at that time, but enjoying again this year hopefully there will be another increase like last 2017, it will be good, keep enjoying this journey with DASH