Bitcoin Forum
January 22, 2021, 04:10:05 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 6848 6849 6850 6851 6852 6853 6854 6855 6856 6857 6858 6859 6860 6861 6862 6863 6864 6865 6866 6867 6868 6869 6870 6871 6872 6873 6874 6875 6876 6877 6878 6879 6880 6881 6882 6883 6884 6885 6886 6887 6888 6889 6890 6891 6892 6893 6894 6895 6896 6897 [6898] 6899 6900 6901 6902 6903 6904 6905 6906 6907 6908 6909 6910 6911 6912 6913 6914 6915 6916 6917 6918 6919 6920 6921 6922 6923 6924 6925 6926 6927 6928 6929 6930 6931 6932 6933 6934 6935 6936 6937 6938 6939 6940 6941 6942 6943 6944 6945 6946 6947 6948 ... 6970 »
  Print  
Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9669465 times)
qwizzie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1243



View Profile
October 22, 2020, 11:23:20 AM
Merited by aleix (1)

Every website out there is reporting 9,7 million Dash as Dash supply, not 60% of 9,7 Million Dash.

Could you please stop pretending I'm making an argument that I'm not making ?

It's nothing to do with the quantity of the supply, it's how it's valued by the market.

How so ? Because you think that the market value it that way ?
That is a very weak and personal assumption of how you think the market values things.
And you are not even providing any proof for that.

I guess we will just have to take your word for it, that you are the only one who totally understands what the market likes and not likes, values and not values.




The fastest way to lose money, is to listen to people that present their personal assumptions as facts
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
1611288605
Hero Member
*
Offline Offline

Posts: 1611288605

View Profile Personal Message (Offline)

Ignore
1611288605
Reply with quote  #2

1611288605
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1611288605
Hero Member
*
Offline Offline

Posts: 1611288605

View Profile Personal Message (Offline)

Ignore
1611288605
Reply with quote  #2

1611288605
Report to moderator
afbitcoins
Legendary
*
Offline Offline

Activity: 2061
Merit: 1055



View Profile WWW
October 22, 2020, 04:22:06 PM
Last edit: October 22, 2020, 05:37:45 PM by afbitcoins

The market shows me that proof of stake coins have not held value as well as proof of work. Dash is only 45% proof of work, soon to be lowered even further to only 40% proof of work. This is where most of its store of value comes from and is only 40% effective.  

ie 9 millions coins that are produced at 100% proof of work with competitive mining, I would expect to be valued more than 9 million coins produced with 40% proof of work which would be valued more than 9 million pure proof of stake produced coins. If all else is equal. You only need to look at the (store of value) market to see that preference.
TaoOfSaatoshi
Legendary
*
Offline Offline

Activity: 2030
Merit: 1014


Dash Nation Founder | CATV Host


View Profile WWW
October 22, 2020, 05:22:10 PM

Is DeFi the Next Step for Dash?



The world of DeFi has taken the cryptocurrency space by storm over the past few months, with activity on Ethereum booming as it took the spot as the hub of DeFi. DeFi is short for decentralised finance and is essentially a number of automated smart contracts that allow users to use traditional financial tools in an entirely decentralised manner. Everything from lending/borrowing, to exchanging tokens, to margin trading and even decentralised analytics. Many people jumped on this new scene and profited greatly from it by staking tokens, lending, trading and much more.

However, until not too long ago this was unfortunately only limited to Ethereum and any tokens built on it, so other cryptocurrencies were left out of this rush. However, multiple services appeared in order to “wrap” tokens for use on Ethereum and therefore in DeFi platforms. Wrapped tokens are basically a 1-to-1 backed token on Ethereum that is backed by 1 of the original currency that is locked back on its native chain. This started with Bitcoin with tokens such as WBTC, renBTC and sBTC introducing Bitcoin on Ethereum. Over time, more coins were available in a wrapped version, and soon Dash will become one of those...

Read more: https://www.dashnation.com/media/news/is-defi-the-next-step-for-dash/

Thanks for reading!

qwizzie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1243



View Profile
October 22, 2020, 05:38:07 PM
Last edit: October 22, 2020, 05:54:09 PM by qwizzie

The market shows me that proof of stake coins have not held value as well as proof of work. Dash is only 45% proof of work, soon to be lowered even further to only 40% proof of work. This is where most of its store of value comes from and is only 40% effective.  

ie 9 millions coins that are produced at 100% proof of work competitive mining would be expected to be valued more than 9 million coins produced with 40% proof of work which would be valued more than 9 million pure proof of stake produced coins. After accounting for initial hype cycles and things like that

With you simply repeating toknormal, i may as well simply repeat myself : https://bitcointalk.org/index.php?topic=421615.msg55397118#msg55397118 (with some updated percentages)

Dash           : -95,3% price down from ATH      
Zcash          : -93,0% price down from ATH
Bitcoin Cash : -93,7% 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 price performance wise not doing demonstratively better then Dash in this bear market. Directly invalidating the assumption that coins with '100% of its supply subjected to competitive mining' is doing better then Dash.

And no, most of Dash value is not coming from PoW, but from speculation and from usability and perceived future usability. Our recent price pump is a good exampe of that :

DASH Price Explodes 18% After DeFi Announcement
https://cryptoticker.io/en/dash-price-explodes-18-after-defi-announcement/

I am also pretty sure Dash will get another price re-evalution, once Dash Platform hits Dash Mainnet next year and expands its number of use cases. None of that has to do with Proof of Work.

The fastest way to lose money, is to listen to people that present their personal assumptions as facts
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
aleix
Legendary
*
Offline Offline

Activity: 1722
Merit: 1084



View Profile
October 22, 2020, 05:43:29 PM



Amanda B. Johnson speaks with Albert Castellana, Founder and CEO of StakeHound

https://youtu.be/9_jSIJ6g0K8

             ▄██▄
   ▄██▄      ▀█▀▀     ▄██▄
   ▀██▀▄  ▄▄█████▄▄  ▐███▀
       ███████████████
      ████████▀▄▄▄▀████
 ▄▄  ▐███▀▄▀██▄▀▀▀▄█████  ▄▄
████▀█████▄███▀▀█████ ██▀████
 ▀▀  ▐███▄███ ██ ████ █▌  ▀▀
      ▀████▄██▄▄███▀▄█▀
    ▄▄ █▀██████▀▄▄▄█▀█ ▄▄
   ████▀   ▀▀▀█▀▀▀   ▐████
    ▀▀       ▄██▄      ▀▀
             ▀██▀
⟩ ⟩ ⟩             ▄▄▄
  ▄▄▄▄▄▄▄▄▄▄█   █▄
 █           ▀▀▀  █
 ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀
▄▀▀ ▄▄▄▄▄▄▄▄▄▄▄▄ ▀▀▄
█ ▄▀ ▄▄▄▄▄▄▄    ▀█ █
█ █ █       █    █ ▄
█ █ ▄▀▀▀▀▀▀▄▄    █ █
█ █ ▀▄▄▄▄▀▀▄▄▀▀▄ █ █
█ █ █   █  ██  █ █ █
█ █ ▄▀▀▀▀▄▄▀▀▄▄▀ █ █
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
⟩ ⟩ ⟩       ▄████▄  ▄████▄
      ████████████████
      ████████████████
       ██████████████
        ▀██████████▀
██        ▀██████▀        ██
██▌   ▄            ▄   ▐██
███  ███▄          ▄███  ███
▀███▄ ▀███▄      ▄███▀ ▄███▀
  ▀████████      ████████▀
     ▀████▀      ▀████▀
     ▄   ▄▄      ▄▄   ▄
     ▀█████      █████▀
afbitcoins
Legendary
*
Offline Offline

Activity: 2061
Merit: 1055



View Profile WWW
October 22, 2020, 05:48:56 PM

The market shows me that proof of stake coins have not held value as well as proof of work. Dash is only 45% proof of work, soon to be lowered even further to only 40% proof of work. This is where most of its store of value comes from and is only 40% effective.  

ie 9 millions coins that are produced at 100% proof of work competitive mining would be expected to be valued more than 9 million coins produced with 40% proof of work which would be valued more than 9 million pure proof of stake produced coins. After accounting for initial hype cycles and things like that

With you simply repeating toknormal, i may as well simply repeat myself : https://bitcointalk.org/index.php?topic=421615.msg55397118#msg55397118 (with some updated percentages)

Dash           : -95,3% price down from ATH      
Zcash          : -93,0% price down from ATH
Bitcoin Cash : -93,7% 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 price performance wise not doing demonstratively better then Dash in this bear market. Directly invalidating the assumption that coins with '100% of its supply subjected to competitive mining' is doing better then Dash.

And no, most of Dash value is not coming from PoW, but from speculation and from usability and perceived future usability. Our recent price pump is a good exampe of that : https://cryptoticker.io/en/dash-price-explodes-18-after-defi-announcement/

I am also pretty sure Dash will get another price re-evalution, once Dash Platform hits Dash Mainnet next year and expands its use case.
None of that has to do with Proof of Work.

Bitcoin innovator of proof of work. Peercoin innovator of proof of stake.
qwizzie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1243



View Profile
October 22, 2020, 06:00:57 PM
Last edit: October 22, 2020, 07:03:10 PM by qwizzie


Bitcoin innovator of proof of work. Peercoin innovator of proof of stake.

Dash innovator of Masternodes, ChainLocks (protection against 51% attacks), InstantSend, PrivateSend and soon Dash Platform with data-focused Dapps, Blockchain Identity, Blockchain Usernames,
Decentralized API, Blockchain Data Storage. Those features are also giving Dash value and differentiate Dash from other coins.

Proof of Work is just one of many factors that influence the value of a coin, it is most certainly not the sole all-driving factor.

The fastest way to lose money, is to listen to people that present their personal assumptions as facts
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
Dahaa
Newbie
*
Offline Offline

Activity: 145
Merit: 0


View Profile
October 22, 2020, 06:50:14 PM

The numbers at 0.0058 speak for themselves. They increase their reward and sit and wait for the coin to fly to the moon. Grin Mega scammers.
Dahaa
Newbie
*
Offline Offline

Activity: 145
Merit: 0


View Profile
October 22, 2020, 06:52:16 PM

BCH+BSV Grin
The market shows me that proof of stake coins have not held value as well as proof of work. Dash is only 45% proof of work, soon to be lowered even further to only 40% proof of work. This is where most of its store of value comes from and is only 40% effective.  

ie 9 millions coins that are produced at 100% proof of work competitive mining would be expected to be valued more than 9 million coins produced with 40% proof of work which would be valued more than 9 million pure proof of stake produced coins. After accounting for initial hype cycles and things like that

With you simply repeating toknormal, i may as well simply repeat myself : https://bitcointalk.org/index.php?topic=421615.msg55397118#msg55397118 (with some updated percentages)

Dash           : -95,3% price down from ATH      
Zcash          : -93,0% price down from ATH
Bitcoin Cash : -93,7% 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 price performance wise not doing demonstratively better then Dash in this bear market. Directly invalidating the assumption that coins with '100% of its supply subjected to competitive mining' is doing better then Dash.

And no, most of Dash value is not coming from PoW, but from speculation and from usability and perceived future usability. Our recent price pump is a good exampe of that :

DASH Price Explodes 18% After DeFi Announcement
https://cryptoticker.io/en/dash-price-explodes-18-after-defi-announcement/

I am also pretty sure Dash will get another price re-evalution, once Dash Platform hits Dash Mainnet next year and expands its number of use cases. None of that has to do with Proof of Work.
afbitcoins
Legendary
*
Offline Offline

Activity: 2061
Merit: 1055



View Profile WWW
October 22, 2020, 09:15:19 PM


Bitcoin innovator of proof of work. Peercoin innovator of proof of stake.

Dash innovator of Masternodes, ChainLocks (protection against 51% attacks), InstantSend, PrivateSend and soon Dash Platform with data-focused Dapps, Blockchain Identity, Blockchain Usernames,
Decentralized API, Blockchain Data Storage. Those features are also giving Dash value and differentiate Dash from other coins.

Proof of Work is just one of many factors that influence the value of a coin, it is most certainly not the sole all-driving factor.


Did you see the impact of those Dash innovations versus for example proof of work coins with much less innovation? Did you see the way the market reacted to the release of chainlocks?

Don't you question how Dash with all those features struggles even against coins with almost no innovation?

Anyway I hope you are right qwizzie because my dash bags are heavy and I want a big dash pump to lighten them.

afbitcoins
Legendary
*
Offline Offline

Activity: 2061
Merit: 1055



View Profile WWW
October 22, 2020, 09:20:31 PM

Dash versus bitcoin

chart

So heres Dash versus bitcoin on log scale. Two long standing channels still engulfing all the Dash BTC price action. Dash in a bearish channel since 2017 still not close to trying to break up out of it. An even bigger channel has defined DashBTC for most of Dash history. Bottom of which is a very well tested (and should be solid) level, I've marked with green arrows. Last time Dash hit that bottom there was a big ultraradar inspired pump, after which he got out of dash. Lets hope someone steps in to pump dash again.
toknormal
Legendary
*
Offline Offline

Activity: 2394
Merit: 1177


View Profile
October 22, 2020, 11:03:10 PM
Last edit: October 22, 2020, 11:27:50 PM by toknormal


So heres Dash versus bitcoin on log scale. Two long standing channels still engulfing all the Dash BTC price action. Dash in a bearish channel since 2017 still not close to trying to break up out of it.

Note that sharp discontinuity in gradient in January 2018. That's when the dump starts and just doesn't stop. That discontinuity co-incides with when the masternode count got saturated and started to level off. The price can't be sustained unless the nodecount is growing. As soon as the nodecount hits a ceiling, the price crashes and keeps crashing till the mining/MN profitabilities get back to near parity. It's just normal, free market forces at work whittling away that excess margin (in dollar terms).

You can see that growth is steady and healthy up to a point at the end of 2017. After that it starts a descent and can't even get a breath. It's like something's suppressing it.

That "something" is the deadweight of masternode margins. They are not being spent on raising the block price the way they are in other coins. We need to get that weight off it's back to allow it to rise again and the way to do it is to set the mining/masternode margins at reasonable parity (IMO).
jdmcg
Member
**
Offline Offline

Activity: 216
Merit: 22


View Profile
October 22, 2020, 11:58:08 PM

Dash versus bitcoin

chart

So heres Dash versus bitcoin on log scale. Two long standing channels still engulfing all the Dash BTC price action. Dash in a bearish channel since 2017 still not close to trying to break up out of it. An even bigger channel has defined DashBTC for most of Dash history. Bottom of which is a very well tested (and should be solid) level, I've marked with green arrows. Last time Dash hit that bottom there was a big ultraradar inspired pump, after which he got out of dash. Lets hope someone steps in to pump dash again.

Yup, to me this is a very bullish setup. The channel you point out is running out of room and DASH is about to test major support again. Every time it has in the past it surged in price shortly after. Once DASH breaks out of this channel I believe its bull run can finally start. Probably not much longer now, maybe up to 3 months but could be much earlier.

Anyways, don't get so wrapped up in toknormal's doctrines. While he makes some valid points of how DASH has added selling pressure compared to POW coins he also overly states it to the point of absurdity. DASH is being tested right now. It's not the new shiny coin like so much of the new competition is and it has somewhat been forgotten. DASH doesn't just compete against POW coins. It has so much more to offer and it will be rediscovered in good time. Dash Platform is yet another huge innovation for the crypto space and the timing for its release couldn't be more perfect where it aligns in the chart.

Now, it seems to me, LTC, a pure POW coin, is in a similar bearish channel vs BTC (it just doesn't reach as high in 2017 as DASH). Both these coins seem ready to go on a run.
toknormal
Legendary
*
Offline Offline

Activity: 2394
Merit: 1177


View Profile
October 23, 2020, 12:21:02 AM


...toknormal's doctrines. While he makes some valid points of how DASH has added selling pressure compared to POW coins...

Very kind. Always happy to pick up a scrap of concurrence where available Wink

(But be advised, while the principle I'm drawing attention to may be overstated at these low prices, it grows in significance in direct proportion to the price. So if we ever get back into even the mid hundreds with this many masternodes, it will become a huge problem. You cannot compare with early 2017 because the nodecount was still growing at that point).
Tungi17
Member
**
Offline Offline

Activity: 318
Merit: 29


View Profile
October 23, 2020, 12:51:37 AM

On today’s Dash Talk episode Amanda B. Johnson speaks with Albert Castellana, Founder and CEO of StakeHound.This informative interview explores the world of DeFi clearly explaining how users can benefit from Dash staking with stakedDash as well as earning additional DeFi rewards.Question timestamps included in video description.

https://www.youtube.com/watch?v=9_jSIJ6g0K8&feature=youtu.be

Dash Core Group Q3 Quarterly Call - 29.10.2020
https://www.dash.org/forum/threads/dash-core-group-q3-quarterly-call-29-10-2020.50832/
iHodler
Member
**
Offline Offline

Activity: 141
Merit: 21

Trust No One!


View Profile
October 23, 2020, 09:38:29 AM

I saw the StakeHound platform for Dash stacking and it looks pretty good to me in terms of interest.

What I like:
  • No lock period;
  • No minimum amount.

What I dislike:
  • You need to deposit your coins to a website.

From the history..., what will happen if the website gets hacked? What if the site owner/s run away with the coins?
Am I wrong asking this or you can delegate your Dash without the need to deposit the coins to the website and I misunderstood the staking process?
toknormal
Legendary
*
Offline Offline

Activity: 2394
Merit: 1177


View Profile
October 23, 2020, 10:13:04 AM
Last edit: October 23, 2020, 10:29:59 AM by toknormal


The supply is the result of our emission rate schedule. Since Dash is not messing with the emission rate schedule in any way, there is no inflating of the supply.

More than half of Dash's supply will be inflated on a purely numerical basis, without recourse to competitive mining. 6 blocks out of every 10.

Can you imagine how much bitcoin would be devalued if it did that ? Effectively counterfeit from many perspectives, in comparison to a fully mined chain. (At least that's how the "store-of-value" market sees it and it's how it values us currently).
qwizzie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1243



View Profile
October 23, 2020, 10:33:40 AM


The supply is the result of our emission rate schedule. Since Dash is not messing with the emission rate schedule in any way, there is no inflating of the supply.

More than half of Dash's supply will be inflated on a purely numerical basis without recourse to competitive mining,

Incorrect. But good luck trying to convince people 1+1=3
Maybe you can start your own little cult club. Not based on facts and reported supply numbers, but based on what you think the market likes and values.
A cult club based on unsupported opinions and focused on dumping everything on the first pump that comes along.

The fastest way to lose money, is to listen to people that present their personal assumptions as facts
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
toknormal
Legendary
*
Offline Offline

Activity: 2394
Merit: 1177


View Profile
October 23, 2020, 10:38:37 AM

Incorrect.

How so ?
qwizzie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1243



View Profile
October 23, 2020, 10:42:15 AM
Last edit: October 23, 2020, 10:53:05 AM by qwizzie


Because you have not provided any statistic or factual support for that little theory of yours.
It is nothing more then a personal opinion, that very few people in this Dash community place any value on.

Competitive mining does nothing to the emission rate schedule or the supply that gets generated because of that
emission rate schedule. There is simply no connection there.

So no, competitive mining does not inflate supply in any way. It is factual incorrect.
We could give miners 60% of the blockrewards and still end up with the exact same supply.
Same with masternodes getting 60% of the block rewards, no change in supply.

Zero change in supply. The only inflation comes from the supply inflation, that comes directly from the emission rate schedule.


The fastest way to lose money, is to listen to people that present their personal assumptions as facts
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
Pages: « 1 ... 6848 6849 6850 6851 6852 6853 6854 6855 6856 6857 6858 6859 6860 6861 6862 6863 6864 6865 6866 6867 6868 6869 6870 6871 6872 6873 6874 6875 6876 6877 6878 6879 6880 6881 6882 6883 6884 6885 6886 6887 6888 6889 6890 6891 6892 6893 6894 6895 6896 6897 [6898] 6899 6900 6901 6902 6903 6904 6905 6906 6907 6908 6909 6910 6911 6912 6913 6914 6915 6916 6917 6918 6919 6920 6921 6922 6923 6924 6925 6926 6927 6928 6929 6930 6931 6932 6933 6934 6935 6936 6937 6938 6939 6940 6941 6942 6943 6944 6945 6946 6947 6948 ... 6970 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!