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

[toknormal]

Directly invalidating your assumption about coins with '100% of its supply subjected to competitive mining' doing better then Dash.

How does "%age down from ATH" serve as a substitute for the capital value of the chain according to your warped logic ?

The broken clock analogy applies to your argument, not mine - and even then, only if we were to get some massive pump out of the blue that briefly spiked us past our competitors in terms of marketcap.

[Dahaa]

Moron, what are you not adding to bch bsv? Who is your vyser designed for

So by reducing the proportion of the supply that's subjected to competitive mining, all we're doing is reducing the aggregate"opening price" for all Dash from its optimal, compared to coin that has 100% of its supply subjected to competitive mining.

Dash           : -95,97% price down from ATH      
Zcash          : -93,41% price down from ATH
Bitcoin Cash : -94,23% price down from ATH
Source : messari.io

That is at least two PoW coins that have '100% of its supply subjected to competitive mining' and are not doing demonstratively better then Dash in this bear market.
Directly invalidating your assumption about coins with '100% of its supply subjected to competitive mining' doing better then Dash.

https://i.imgur.com/t59JuWD.jpg
Broken clock = Broken clock

I am starting to think you only post these kind assumptions in an effort to convince yourself. There is no need for that, it certainly looks like you managed to convince yourself pretty well.

 

[Dahaa]

You have forgotten xmr. Who is this shit for? Why aren't you blocked yet!

Moron, what are you not adding to bch bsv? Who is your vyser designed for

So by reducing the proportion of the supply that's subjected to competitive mining, all we're doing is reducing the aggregate"opening price" for all Dash from its optimal, compared to coin that has 100% of its supply subjected to competitive mining.

Dash           : -95,97% price down from ATH      
Zcash          : -93,41% price down from ATH
Bitcoin Cash : -94,23% price down from ATH
Source : messari.io

That is at least two PoW coins that have '100% of its supply subjected to competitive mining' and are not doing demonstratively better then Dash in this bear market.
Directly invalidating your assumption about coins with '100% of its supply subjected to competitive mining' doing better then Dash.

https://i.imgur.com/t59JuWD.jpg
Broken clock = Broken clock

I am starting to think you only post these kind assumptions in an effort to convince yourself. There is no need for that, it certainly looks like you managed to convince yourself pretty well.

 

[afbitcoins]

Dash v0.16 Migration Report — Week 2

https://blog.dash.org/v0-16-migration-report-week-2-3b420d3ac992

The threshold be passed as low as 60%. Hardly a convincing majority.

[toknormal]

The threshold be passed as low as 60%. Hardly a convincing majority.

So why not set the cost (price) of production to zero if it's so irrelevant ?

(Ah ! I just remembered. It's because it's still important to be the "masternode market leader" in hashrate. Cos even though we don't think we need it, the market still does so we need to have as little as possible....as long as it's more than anyone else....but only in our market sector so we can be the most expensive to produce there, but not anywhere else).

Our enemies are sure gonna have some fun with our new protocol priorities.

[qwizzie]

Bitcoin making a move towards $12,000
Hold onto your hats, this is going to be a bumpy ride




Source : https://cryptowat.ch/charts/BINANCE:DASH-BTC?period=30m

oh my, a bumpy ride indeed 

[aleix]

DASH Partners with StakeHound Enabling Ethereum DeFi Users to Earn Rewards with StakedDASH
https://newsroom.dash.org/112220-dash-partners-with-stakehound-enabling-ethereum-defi-users-to-earn-rewards-with-stakeddash

Payments-focused cryptocurrency Dash now has a bridge to DeFi
https://cointelegraph.com/news/payments-focused-cryptocurrency-dash-now-has-a-bridge-to-defi

[qwizzie]

Something tells me that people trying to short Dash today, are not going to have a very nice day today  

[toknormal]

Something tells me that people trying to short Dash today, are not going to have a very nice day today  

Something tells me they'll be having a very nice profit taking day thankyou-very-much after successfully trading us from $104 down to $64 during the last cycle.

How much easier for them when they've got 6 out of 10 of our newly minted coins from every block generated at zero-cost to their holders and flung onto order books with a profit at any price to keep growth suppressed

The last thing we need now is more de-fi sponsored masternodes on top of the 5000 we've already got, with their rewards raining down on order books instead of going towards keeping the block-price high.

Remember: as far as the new coin supply goes, a masternode is just a miner with zero mining cost. Good luck in getting the market investor to pay anything "above zero" to acquire them.

[qwizzie]

Don't mind me, i am just here eating some popcorn and watching the show.....

Dash : 0.00634 / $74.37

Link : https://cryptowat.ch/charts/BINANCE:DASH-BTC?period=30m




Source : https://coinmarketcap.com/coins/

[toknormal]

Don't mind me, i am just here eating some popcorn and watching the show.....

Maybe we should do this more often then.

Tank the price to set the bar ever-lower, then we can have more fun on the pumps. (More masternodes chucking zero cost-base coins on order books will help the cause).

[qwizzie]

Did someone mentioned masternodes ?  


Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (Count 7 Days)

Looks like number of active masternodes has been rising again (from 4,945 to 4,970 during the last 7 days).
ATH is at 4,988. Will it get broken ? Stay tuned....

[Pang.]

I hope that the bear market is definitely over for Dash, but I wish it not only because of all the Dash that I have in Hold for years, I wish it above all because @quizzie can give a great laugh to health of a few that everyone we know around here.


Saying that a master node gets free rewards is like saying that an investor who receives dividends from a company does so for free.

Free is to receive something in exchange for nothing, if I receive an interest for having my money deposited in an asset, that money is the risk that I assume, just as a miner risks his money in electricity and hardware.

Greetings and good health to all of you.

[qwizzie]

A Technical Analysis on Dash for those that are interested :

https://www.youtube.com/watch?v=RijIAJJ4RSU

Timestamp 34:25

[toknormal]

Saying that a master node gets free rewards is like saying that an investor who receives dividends from a company does so for free.

Free is to receive something in exchange for nothing, if I receive an interest for having my money deposited in an asset, that money is the risk that I assume, just as a miner risks his money in electricity and hardware.

This just isn't true. It's a fairy tale many investors seem to believe.

If you invest your money in equity, you'll get zip dividends unless that share capital is put to work. That work has to deliver "measurable" returns - i.e. measurable enough to appear on a set of books. So you won't get anything for your "risk taking" unless the company trades successfully. If the dividends you receive simply come from splitting the share capital into ever smaller pieces and delivering it back to you, then all that will happen is you'll end up with a lot of shares - all worth nothing. (Absent a nearby friendly central bank).

And you don't get interest on a bank account just from having your money in the bank. You get it because the bank re-invested it in some economic activity that generated a return where cash flowed between real people out in the real economy. So saying that putting up 1000 Dash to secure a node is "worth" something isn't enough. The market has to agree it's enough, otherwise it will just devalue your capital (which it's been steadily doing for the last 2 years).

So with that in mind, you do in fact receive your masternodes rewards for nothing: zip bookkeeping cost above your hosting costs. The 1000 Dash and hardware costs don't qualify as a "cost" since they're both capital assets. (Perhaps the depreciation on your hardware does, so if you want to depreciate a $3000 PC over a year against $5000 revenue then be my guest. You might have a case. But if Dash goes to $500 there are no associated scaled costs with that price increase. It all goes in tax and profits which makes for ever diminishing returns for new investors as a decreasing proportion of their investment goes into the network and an increasing proportion gets p*ssed away in masternode profits that they never see returned to them).

************************************************

P.S. In writing that post I may have just stumbled upon an explanation for why Dash bottomed around $60. That was just about margin parity territory for mining-masternodes. (If you take the example of writing off $3-$4k of hardware costs over a year for hosting).

Now, if we kept those margins at parity as the price rose, we might actually give it sustainable buoyancy instead of having it run into terminal velocity and slide back down again with a crash as the margins between the two reward groups got unsustainably out of sync. Stretched to snapping point.

[vella85]

Did someone mentioned masternodes ?  


Source : http://178.254.23.111/~pub/Dash/Dash_Info.html (Count 7 Days)

Looks like number of active masternodes has been rising again (from 4,945 to 4,970 during the last 7 days).
ATH is at 4,988. Will it get broken ? Stay tuned....

I think it will be broken very soon as StakeCube has been starting a new masternode every 7 - 14 days on average as more people find that joining a shared masternode pool is much affordable for most as the minimum amount needed to join a pool is just 0.25 Dash. I actually think Dash is a steal at this price so I'll be buying more in the coming days.

[qwizzie]

I think it will be broken very soon as StakeCube has been starting a new masternode every 7 - 14 days on average as more people find that joining a shared masternode pool is much affordable for most as the minimum amount needed to join a pool is just 0.25 Dash. I actually think Dash is a steal at this price so I'll be buying more in the coming days.

Actually it has been broken already, 30 more masternodes were activated on the Dash network in just a few hours  
Welcome new ATH of 5000


Source : http://178.254.23.111/~pub/masternode_count.png

Which means that currently from Dash circulating supply of roughly 9,7 Million Dash (source : coinmarketcap),
5 Million Dash is serving as collateral for masternodes.
 
If people are looking for a way to get some interest on their Dash, they can also look into Binance.

DASH Added to Customizable Locked Savings on Binance
https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb

Just be aware this is a trusted service, not a trustless service. People will need to leave their Dash on Binance and
people will need to place trust in Binance.

[Tungi17]

DASH Partners with StakeHound Enabling Ethereum DeFi Users to Earn Rewards with StakedDASH StakeHound partners with DASH NEXT and Dash Core Group to offer DASH users access to DeFi applications while earning staking rewards.
https://newsroom.dash.org/112220-dash-partners-with-stakehound-enabling-ethereum-defi-users-to-earn-rewards-with-stakeddash

[kointrend]

I think it will be broken very soon as StakeCube has been starting a new masternode every 7 - 14 days on average as more people find that joining a shared masternode pool is much affordable for most as the minimum amount needed to join a pool is just 0.25 Dash. I actually think Dash is a steal at this price so I'll be buying more in the coming days.

Actually it has been broken already, 30 more masternodes were activated on the Dash network in just a few hours  
Welcome new ATH of 5000


Source : http://178.254.23.111/~pub/masternode_count.png

Which means that currently from Dash circulating supply of roughly 9,7 Million Dash (source : coinmarketcap),
5 Million Dash is serving as collateral for masternodes.
 
If people are looking for a way to get some interest on their Dash, they can also look into Binance.

DASH Added to Customizable Locked Savings on Binance
https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb

Just be aware this is a trusted service, not a trustless service. People will need to leave their Dash on Binance and
people will need to place trust in Binance.

That's nice! 

[toknormal]