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

[qwizzie]

This ANN thread is moving by so fast 
I forgot already what was posted in the previous page 

We must be in a bull market or something, don't you think?   

I sure hope so

[Pang.]

I just stop by, to say hello to the holders and @quizzie, a guy who never rests and always brings out the positive side of Dash.

The $ 100 looks very close, who knows if this time it will be the good one again?

Greetings and health to all.

[AzzAz]

I just hope certain people do not regret having sold most of their Dash at a very low Dash price. I think they call that seller's remorse  

... $100 range coming days / weeks ?

well I sold most of my DASH long ago - for BTC and ETH and can tell you that I do NOT regret. Even @ $100 DASH I can now buy 3 times more DASH than I had then, and guess what: I will not do that. As time pases I see less reason to do so.
     I remember Mangled Blue...He was one of the first MN owners, hosted my MN at the time. Then he stopped hosting, then after some time he sold his MN (s?)... then after some time he posted that he see no point of returning to MN owners club, he saw "things not going better" ...I didn't understand him than but saw him and many cool people are out from DASH since. I feel similar now, don't see reason to buy back.
   DASH had great community, great people. Few still here, but masternoders have overtaken DASH's previous mission.  Or I had wrong idea about its mission?  

[qwizzie]

I just stop by, to say hello to the holders and @quizzie, a guy who never rests and always brings out the positive side of Dash.

The $ 100 looks very close, who knows if this time it will be the good one again?

Greetings and health to all.

Thank you Pang



edit : oh shoot, eh .. i was not resting, honestly !!  

Greetings and health to you too.

[afbitcoins]

At this time Dash is leading the way in showing that masternode coins are not a winner.

At this time Bitcoin Cash is leading the way in showing that 100% mined coins can do even worse then masternode coins like Dash.


Source : messari.io

The difference is Dash is leading the way of masternode coins.
Bitcoin cash is not leading the way of 100% mined coins. Bitcoin is.

Bitcoin is not an Altcoin. Bitcoin Cash and Dash are. As are a lot of other coins.
We are talking about the performance between Altcoins.

And unless you have another Altcoin that can show us that 100% mined coins can do even worse then masternode coins like Dash,
Bitcoin Cash will do just fine as example. Bitcoin Cash is also a direct competitor to Dash, so that makes it even more interesting for comparison.

Note : due to today's price volatility, above picture is already outdated. Currently Bitcoin Cash is doing with regards to price performance a little bit better then Dash.
We will see in a few days, if that changes or not. These are volatile days for Altcoins.

Currently 1 Dash = $91.35 ($6 increase, volatile indeed)


 

Heres bitcoin and some other altcoins that you forgot



As you can see bitcoin is only 6.53% down from its all time high. The leading 100% proof of work coin. The leading 100% proof of work 'alt' coin is currently litecoin (not counting etherium). It is down 77.2% from its all time high. All these other notable competitors are doing much better against their own all time highs than Dash which is the leading masternode coin.

You might also note the real volume for dash does not look so good either. Also the lowest out of these competitors

So I kind of stand by what I said here ...

There lies the difference. As far as my judgement goes dash overpays its service layer. The service layer is great. But just not worth almost 50% of the entire supply to pay for it. Most masternode owners are in utter denial of this. At this time Dash is leading the way in showing that masternode coins are not a winner. As far as I know there isnt yet a masternode coin which restrains the masternode reward. All succumb to the temptation of rewarding too much free coins to the masternodes.

Having almost half the supply airdropped to a group of wealthy owners is killing dash.

maybe you missed this on the previous page. It is moving fast afterall.

[toknormal]

Putin is buying, Paypal is buying, MSTR is buying, Iran is buying..Hashrate never comes into consideration.

You have got this picture wrong.

I know it sounds plausible but it's wrong.

For a start, masternodes are not buying. They receive coins straight from the chain and don't have to "pay" for them. Requiring hashrate as payment for coins effectively puts a price on their issue to the first holder and it's not a small amount, it's HALF the entire supply we're talking about. When the protocol allows this to happen it has an effect on price. I realise that individual investors may not care whether the coin was hashed out of the chain or not, but it has an aggregate effect which can be measured if you're forced to account for it (as I was when I started accounting for everything on tax returns). That's when I realised how corrosive this practice was to the marketcap over a long period of time.

Sure we'll get pulled along by the tide for a while, but that isn't the same thing as having a competitive advantage in store-of-value performance.

[birdonthewire]

I just stop by, to say hello to the holders and @quizzie, a guy who never rests and always brings out the positive side of Dash.

The $ 100 looks very close, who knows if this time it will be the good one again?

Greetings and health to all.

Giving shortened and / or biased information to keep scamming clueless newbies?

Or belittling the other opinion-makers and trying to inhibit free expression? Because that's what he did until 4 days ago, when his troll ass began to be spanked ... as a good representative of this corrupt mafia that kidnaps the DAO.

Those values ​​are what have made DASH a totally centralized shit project and no improvement solution in that regard, since modest Mnodes have no ability to change the rules. As long as their greed leads them to work for the "silent" whales (some show their paw in some vote, and decide three figures of votes in a single click, as happened last month to DASH Next), well they will continue like this, quiet. As long as everything unfolds in your interest, perfect ... why put yourself out there?

Let's not forget that Mnodes are not only the main diversion of system resources, but, much more important, they decide anything in DASH . I repeat: ANYTHING ... they can put anything to vote. As defund long-standing workgroups without even giving an opinion on why they are working ... or what they might be doing wrong (DASH Nexus, when its previous proposal was threatened with underfunding, was not complaining about it ... but about not be given the slightest feedback on a possible erroneous activity and thus be able to redirect it)

So sidelining entire groups in one fell swoop without the slightest blush is the "New Normal" in DASH. The miners have been the last ... before, any holder with less than 1000 DASH who expected Duffield's Shared Mnodes, possibly at very high prices ... for the particular benefit of these thieves. Nobody remembers Ryan Taylor a couple of years ago saying that "it was not the right time" to implement Shared Mnodes because he did not see "a receptive environment in the Mnodes community." "Well ... this start of the year, they got stand the table in the quarterly call of January ... to be buried among the rest of the conditions of the "Great Pact 2020".

Nobody remembers the corrupt intoxicant Valenzuela changing his historic "HODL" speech (he came to accompany some of his infumable nursery school articles with a libertarian fist aloft and other demagogic clownings) ... for messages that those DASH had to be spent...because "DASH is a chain of payments" ? The strategic and communication turn was resounding and evident around a year and half ago in the happily buried today informational trash can DASH NEWS. Well ... that certainty directly deprived the tokens of the holders without Mnode of value, surely the most humble part of the - old - real DASH community...... a trap worthy of true pride, yes sir. Many would probably think: "These coins bought at 4 figures for an annual return in the famous" DASH Accounts "of years ago ... now they are worth 90% less ... AND I HAVE TO SPEND THEM on any nonsense ... to that those who veto the right that they offered me and marginalize me at one stroke from the DASH structure (and with a profusion of media, videos, interviews, articles ... driven and funded by the DAO) continue to take their share of the cake. "

Now the profile of "investor" is high-flying...the sky is the limit ! They want new Mnodes that bring in fresh little money. Someone thinks that they are going to explain to those potential 6-figure investors ... that the Network of Mnodes, which is not even decentralized in dreams in 5000 points, can marginalize their community member profile ... as it has already done with several ? Who in DASH is going to guarantee these new Mnodes that He won't be the new outcast profile on the cake... the new guest to shove his super-treasure of tokens up his ass? those 4000 Mnodes who do not vote ... do not appear to deny him and the rest of Mnodes with one or two devices, in 3 clicks, their right to rewards or vote, for example. ..inviting him "to spend his tokens" like dirty Valenzuela did to the most humble DASH holders before?. Finantial Freedom and long-term investment "DASH Style" , in all its glory ... Mamma mia !!!...  

The same pigs that they celebrate happily on Discord channels because DASH drops to $ 5 for the benefit of their shenanigans, who laugh on those same channels when DAO-paid trolls marginalize logically outraged members of the "real community" - and that's when do not directly add to the vibe of insults and trolling, like the Canadian pig or xkcd - or that fill the internet with colorful rockets and bullish graphics every time DASH raises a measly dollar (when told about the 1600 drop it takes ... there already, they fill it all with drops of other currencies - many of them, pure shitty shitcoins, that not even with that fallacious resource match the word of DASH ... for which, in addition, and on top of the shamelessness and scam, they invite you to buy a THOUSAND !!! - or you will not be a "community", which is the point of enrichment in a DASH with a price and an S2F that are scary -) ... they are the ones that appear here with that friendly, positive and pro-DASHer mood that invites new infeli Cease to enter her thieving joke.

And look, let's be positive: In this endless environment of uncertainty, we already have a price discovery mechanism impartial and objective in DASH...at least, for a standard investment:
1000 tokens = 1 JOKE. ( although perhaps some investor - or some Mnodes of one or two devices - does not find it too funny ... well, there are very strange people. )
Really cheap for riding the new crypto "decentralized" revolution ... and such.

And all this dead end  ... the ideal of financial freedom, decentralization , transparency and collective synergy of which some are proud - it is supposed -. Really vomiting.

[jdmcg]

It seems Dash is down to about 4854 masternodes now... all at the same time the price has gone up over 20% in the last week... perhaps the bottom vs BTC is in?

Are old masternodes being banned yet or are disgruntled masternode owners finally selling?

Either way, things are looking good and on schedule for 2021.

Now, where can I claim my tokcoins?

[qwizzie]

It seems Dash is down to about 4854 masternodes now... all at the same time the price has gone up over 20% in the last week... perhaps the bottom vs BTC is in?

Are old masternodes being banned yet or are disgruntled masternode owners finally selling?

Either way, things are looking good and on schedule for 2021.

Now, where can I claim my tokcoins?

Spork 21 has been activated some days ago which enabled a check on a minimum protocol version, so masternodes on older protocol versions started to receive PoSe scores. When those scores become too high,
they get PoSe banned and they disappear from the masternodes list, resulting in our number of active masternodes dropping.

Number of active masternodes : http://178.254.23.111/~pub/masternode_count.png

ATH : 5007
Currently : 4843

Number of masternodes with older protocol versions and at risk of getting PoSe banned : https://mnowatch.org/legacynodes/

Currently : 563 (was around 1000 when spork 21 got activated, if i remember correctly)
Masternodes with older protocol versions and spent collateral : 27 (some of these have moved to a new wallet address, as a 1000 Dash amount, so spent does not necessarily mean sold)

[qwizzie]

Putin is buying, Paypal is buying, MSTR is buying, Iran is buying..Hashrate never comes into consideration.

You have got this picture wrong.

I know it sounds plausible but it's wrong.

For a start, masternodes are not buying.

I bought... Remember ? Bought half a masternode @62 Euro Dash price a few months back.
Dash price currently 77 Euro. Buying can be very profitable if you have the patience.

And i have no intention to sell either. Actually i am looking for ways to make that half a masternode, whole. To add to my other masternodes.
What i find interesting is how people deal with bear markets and large price drops.

Bitcoin had like 3 or 4 very large price drops in its lifetimes, some of them as high as the price drop that hit Altcoins in 2018-2020 for the first time (90% / 96% down from ATH).
Bitcoin price recovered each time and went higher to establish new price ATH's.


Source : https://www.reddit.com/r/CryptoCurrency/comments/a0q0sr/historic_bitcoin_crashes_compared_with_our/

I have little doubt that will be the same for Altcoins, specially those Altcoins that have an use case and an active community. It just seems to take longer with Altcoins.

[toknormal]

I bought... Remember ?

I think you're actually the troll around here. The amount of sheer obfuscating nonsense you post designed to thwart and hamper open discussion is off the charts.

You know I was referring to the block reward itself, not exchanges order books.

[aleix]

I think you're actually the troll around here.

Sorry Tok but no. Your baseless obsession (which you are posting daily) is trolling. Baseless assumption with 0 proof btw.
I understand we are under semi - lockdown and under stress lately but please. Stop embarrasing yourself.

[xkcdd]

It seems Dash is down to about 4854 masternodes now... all at the same time the price has gone up over 20% in the last week... perhaps the bottom vs BTC is in?

Are old masternodes being banned yet or are disgruntled masternode owners finally selling?

Either way, things are looking good and on schedule for 2021.

Now, where can I claim my tokcoins?

Yeah you are right, a SPORK21 was activated last week which started banning Tok's nodes, he is having a hunger strike, his famine starts in 6 days, when the first reallocation occurs and his nodes are instantly forked off.  So far the network is sending out warning signals in the form of POSE scores to the old nodes, anyway, I am keeping an updated list of them here https://mnowatch.org/legacynodes/ you are welcome to check back from time to time to see how long the list is, who got banned, and who spent 1000 DASH.  Maybe they will stake ETH instead? 

[qwizzie]

I think you're actually the troll around here.

Sorry Tok but no. Your baseless obsession (which you are posting daily) is trolling. Baseless assumption with 0 proof btw.
I understand we are under semi - lockdown and under stress lately but please. Stop embarrasing yourself.

It certainly comes across as trolling at times. toknormal's habit of presenting his baseless assumptions as facts, does not help either.

[toknormal]

baseless assumptions as facts, does not help either.

The role of masternodes as "zero difficulty miners" isn't baseless, it's fact. (Here it is quantified).

That this portion of the reward is used to fund a pure profit margin isn't an assumption, it's fact (again, see above).

That that the mining model uses hashrate to mediate competition for the primary supply and thereby put a price on it isn't an assumption, it's fact. (Even tax authorities see it that way).

The only "assumption" is that is made is that this level of reward ratio is sub-optimal and adversely affects Dash's competitivity. But this assumption isn't baseless. It's exactly what's predicted by the idea that the market simply reprices the uneconomic profit of masternodes. It also explains why our feature superiority has worked in reverse, putting us at such an enormous marketcap deficit compared to competitors which have none of these features. It also completely conflicts with what's argued here about hashrate "not being needed".

So keep posting that these are "not facts" or "baseless" but it would seem to me that that's just chaff because you don't really have any plausable counter arguments.

[birdonthewire]

It seems Dash is down to about 4854 masternodes now... all at the same time the price has gone up over 20% in the last week... perhaps the bottom vs BTC is in?

Are old masternodes being banned yet or are disgruntled masternode owners finally selling?

No. Just parasites that have changed the rules mid-game by buying and dumping. Ask in DashTROOLKdiscord to xkcd and the Pig of Canada ... they explain how to squeeze DASH and turn it into an inflatable doll for Trading at the expense of the money of the fools who are tricked into entering this "paradise of freedom where you are your own bank".( coincidentally, here they are all "altruistic decentralizers loyal to the libertarian collective project" ... and "nobody sells"   )

I bought... Remember ? Bought half a masternode @62 Euro Dash price a few months back.
Dash price currently 77 Euro. Buying can be very profitable if you have the patience.

And i have no intention to sell either.

"Active community", scammer?

Less than a thousand votes on average ( and really only a few hundred Mnode owners )  in each vote to decide the "presumably common" Treasury funds in a coin of 1,323,126 addresses?
Is that your "active community"?
Or rather the few hundred owners of ALL the Mnodes who share the monetary issues ... while preventing the Shared Mnodes that DO open DASH to a broad, decentralized and active community, as proposed by Duffield?



Take that photo with the feet crossed in a hammock thanked by the "spontaneous support" of multinicks created to prolong your scam.... and go to a poor neighborhood in Colombia or Venezuela to show it to people who have trusted the advertising created by your parasites and paid for by your DAO of "Accounts with return" (Shared Mnodes) to collect 4 coins with real sacrifice when DASH was $ 1600 ... you'll see the "peace" they give you back, you fucking thief. Go there and remind them how wonderful DASH is going up $ 15, go ...  

Well ... for now, with exposing your scam so you don't screw more people, enough ...

And Ah! ... and of course, we believe you that you do not want to sell ... and that you are not one of those who are going to dump tokens generously as soon as a juicy percentage rises. And that you eat breakfast on Saturn every morning, we believe you too. The bad thing is that xkcd and the pig of Canada, two "idealists" of decentralization and the "community" like you who come here to clean your ass and intoxicate when that "community" you adore turns against you and clearly exposes your scam to new ones who come to read and learn, ...vut "casually" they have been in discord for months claiming that DASH drops to $ 10 ... to load and dump at these prices.

Although surely not ... that now those do not overturn either ... DASH overturns are produced by "the wind" or "climate change".  



By the way ... we are still waiting for your arrogant tone  again  disavowing and slandering "comunity members" ... have you forgotten since I painted that scammer's face in colors? ... or did the cat eat your tongue?  

[qwizzie]

baseless assumptions as facts, does not help either.

The role of masternodes as "zero difficulty miners" isn't baseless, it's fact.

Pointing to a mining profit calculator and using that in a baseless assumption that the role of masternodes is somehow that of 'zero difficulty miners' is rather pathetic.
Masternodes validate blocks, support PrivateSend and InstantSend, ChainLocks and also have other tasks. Masternodes do this through Proof of Service, not through Proof of Work.
Masternodes do not mine blocks and can therefore not be considered miners. Nor is its role that of a miner.

Simply put, a masternode is a server with a full copy of the Dash blockchain, which guarantees a certain minimum level of performance and functionality to perform certain tasks related to block validation, as well as PrivateSend and InstantSend, as the privacy and instant transaction features in Dash are called. The masternodes are paid for this service, using a concept known as Proof of Service. This is in addition to the Proof of Work done by miners to secure the blockchain. Masternodes are also allowed to vote on governance and funding proposals, with each masternode receiving one vote (yes/no/abstain) on each proposal submitted to the system.

Source : https://docs.dash.org/en/stable/masternodes/understanding.html

What it does show, is the length toknormal is willing to go with all his baseless assumptions.
How low can toknormal go ? Stay tuned...

[toknormal]

Pointing to a mining profit calculator and using that in a baseless assumption that the role of masternodes is somehow that of 'zero difficulty miners' is rather pathetic

It's not pathetic and principle isn't dependent on any particular mining profitability. Once again you're groping around in the dark for random aspersions to cast on a very solid principle - the fact that the reward is split between fixed cost operators and variable cost operators.

The mining calculator is irrelevant other than for illustrative purposes. Anyone who receives a masternode reward (yourself in particular) will know it's nearly all profit in the late 90's percentage. There's no speculation about that.

Masternodes do not mine blocks and can therefore not be considered miners.

True, they don't mine blocks because they don't need to. But in economic terms they CAN be considered zero-difficulty miners because the reward is not being used for anything else. So they can be modelled as such on an equivalent basis.

[qwizzie]

Apparently toknormal can go lower, i guess i will just have to lower the bar for him.



What is the point of discussing anything with a person, that just gives his own baseless definition to things ? Baseless definitions that are clashing directly with well-established definitions that are used both
within and outside the crypto space ? A person that just gives his own spin on things ? A person that seems to live in his own little world ?

It is pointless, a waste of time and energy. Which means from now on i will start focusing less on toknormal, and more on matters that matter.


 

[thunderjet]

Pointing to a mining profit calculator and using that in a baseless assumption that the role of masternodes is somehow that of 'zero difficulty miners' is rather pathetic

It's not pathetic and principle isn't dependent on any particular mining profitability. Once again you're groping around in the dark for random aspersions to cast on a very solid principle - the fact that the reward is split between fixed cost operators and variable cost operators.

The mining calculator is irrelevant other than for illustrative purposes. Anyone who receives a masternode reward (yourself in particular) will know it's nearly all profit in the late 90's percentage. There's no speculation about that.

Masternodes do not mine blocks and can therefore not be considered miners.

True, they don't mine blocks because they don't need to. But in economic terms they CAN be considered zero-difficulty miners because the reward is not being used for anything else. So they can be modelled as such on an equivalent basis.

Is it futile to talk with people which only goal is to defend present situation at any cost.Any meaningful discussion with them is impossible.Everything you said is assumption,everything they said is a truth by default.People which are trolling all the time, shamelessly accusing you that you are troll,not them.

So,it is obvious that present situation is not some mistake made by DASH team,but carefully constructed situation with longterm goals in the favour of one very small circle.All changes were made to support maximum wealth centralization.And it is going further in the same direction to the final big bang.

Talking that giving 50% of mined coins with 0 cost to masternode operators does not cause spiral of inflation is ridiculous beyond limits.If that was true ,every government will print money in endless quantities.

Comparing DASH with BCH,forked coin which after fork from BTC forked two more times is insult to the intelligence.

Despite it is obvious that mining of DASH is largely unprofitable for ordinary miners ,so call "defenders of DASH" keep talking that ordinary miners continue to mine it for months making huge losses in progress.Why would  ordinary miners keep mining DASH for months with obvious and big loss,they cant answer.

They are talking that DASH is one truly decentralized coin with almost perfect wealth decentralization.Fact is that 1000 DASH collateral for masternode operators is favouring investors with deep pockets.If goal was decentralization collateral would be 50 or 100 DASH.

Masternode operator monthy income is now about $425.For 5000 masternodes it is $2.125 millions per month.Masternode expenses are about $15 per month or $75000 for 5000 masternodes.Profit which goes monthly to masternode operators is 28.3x bigger than theirs expenses.Income vs expenses gives 96.5% profit margin.

Question is why DASH team gives generously 28x more money than it is really cost of maintaining DASH masternode network? No one will make such thing if it is not in its favour.It is pulling money from the coin like a giant vacuum cleaner. So call "DASH defenders" claim that it has not any profound effect on coin itself. My advice to them is to test it on themselves - to pay something 28x more than its price and see the effect on theirs budget.

Sure,it is possible to change such anomaly,but I think there are 0% will in DASH team for it.They will go in same direction as much as they can(as much as market will allow to them).

I think they are counting to piggyback on BTC and ETH rally,but this time it is different situation than it was in 2017.Then ,the rally was induced by huge number of retail investors,now institutional investors pave the way.Problem is that 99% of them are investing only in BTC and ETH.Will anyone really think they will put millions in DASH without thorough investigation and due diligence?