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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9669003 times)
toknormal
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November 16, 2020, 10:02:16 AM
Last edit: November 16, 2020, 10:45:54 AM by toknormal


So, how can the difficulty be zero?

Because when you account for all of the above, the block reward is gained at effectively zero cost.

First of all, the miner takes a higher risk than the masternode holder because if they invest in $77,000 USD of mining equipment it will start depreciating immediately and lose most of its capital value over a couple of years. There's no upside there and it's the depreciation that counts as a cost against the mining reward, not the capital cost. So unless you plan for a constantly devaluing Dash, this is zero in the case of the masternode and near 100% in the case of the mining equipment.

Secondly, the masternode operating costs you cite of $5-$20 Per month against a $390 reward yields a $370 profit even at your upper range hosting cost (=95% profitability). None of that profit stays in the network.

Meanwhile mining incurs the cost of scarcity by paying for the coin they mine according to the prevailing difficulty level. In doing so it contributes further to that scarcity by raising the difficulty level.

Currency/opportunity risk are not accountable operating costs and are common to any economic activity.
 
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November 16, 2020, 10:44:45 AM
Last edit: November 17, 2020, 01:22:55 AM by thunderjet

Miners risks are much bigger. Miner has to pay off its expenses and equipment for a maximum of 1 year.Due to running equipment on almost constant 100% percent capacity,miners equipment cant last much as an ordinary computer.If it holds a year, it is a huge success.It is not coincidence that miners producers give just 6 months of guarantee.Plus new,much more efficent equipment will make it obsolete just after a year.


One example - If a miner is running the best DASH miner SPx36,which costs $7000 per unit,just to pay off its cost in a year,it needs to generate $19.18 of pure profit every day.Now if we add costs of electricity,saying it is using the cheapest available electricity of $0.05,it will cost him additional $5.28 per day.

So,to pay off costs of miner and electricity, just one miner SPx36 will need to make 19.18+5.28 = $24.46 of pure profit every single day !

Now,such miner generates loss of $0.96 every day,so miner with just one SPx36 will generate a loss of for a year of 365x0.96 + 7000 = $7350.4


This example clearly shows how mining DASH for ordinary miners which are not large masternode owners is extremely unprofitable.No ordinary miner will let himself to generate such massive losses. Ordinary miner wants to earn as much as possible with the lowest risk.That is a reason why they are mining only the most profitable coins like BTC and ETH,hugely disregarding others.

When people are talking of DASH masternode profits, talking about masternode today costs of $77000 and how its yearly profit is so low for such of investment is completely wrong. Historic charts clearly show that 4500(90%) of masternodes were established before previous bull run for a cost of max$15000. They were paid off for a many,many times ,so today ,they generates pure profit to its owners and every price above 0 is good for them.


  
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birdonthewire
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November 16, 2020, 11:23:50 AM
Last edit: November 16, 2020, 12:08:48 PM by birdonthewire




So,as you see ,it is not FUD.  You cant mine DASH and be profitable even with the best available miner on the market and with access to the cheapest electricity.




Splendid demonstration, thanks.  Wink And it is evident that it is not FUD, that is trolling and interested arguments from the parasitic and malicious hierarchy that is implanted in DASH ... which is the basis of the information corruption that floods the project. A couple of years ago, several modest Mnodes, possessing a device or little more, proclaimed their power, often exclusively and arrogantly on the DASH forums, with respect to members of the community who did not have them (a selfish attitude inappropriate for an exercise in decentralization against which they were acting unconsciously and irresponsibly because in thers of a decentralized colective estructure , a correct opinion  of any member of the community, even without Mnodes in property , should be a not just a real option, but a right and a healthy way to contribute to the project -) ... today, almost any modest Mnode is aware of the little REAL power it has in the decision-making process of this farce in the process of concentration of power (and that that, due to modesty or not revealing the manifest capacity for abuse beyond what is strictly necessary, votes by one hundred (s) are counted in the DASH voting processes).

The intoxicating quizzie has taken half a second to chorus and clap a nick with 4 messages whose main contribution is, of course, accusing the rest of the opinions of FUD. Curious reaction, when the intoxicating quizzie tried to disavow my opinion with fallacies for "having been on btctalk for two weeks". By the way, opinions that have done nothing more than expose their continuous and methodical attempt to corrupt the exchange of communication with the simple exposition of Graham's hierarchical pyramid - intoxicating practice that has directed EVERY opinion on the thread -. Now the intoxicant quizzie aligns himself with another intoxicant ... whose lies you expose with a single click of factual information. One and the other intoxicant will pass to another "collateral smoke", do not hesitate.

Of course, his next post admits the irrefutable of your argument (he has no choice, thanks to your suitable information) ... although that will not stop his trolling: They will only try to dump more confusion to the topic. They are here for what they are.

Now we will go on to a succession of irrelevant nuances so that finally, although it ends up discussing nonsense absolutely collateral to the topic ... but it is that Ryan Taylor's own approach to a hypothetical reinforcement of DASH as a store of value was ALSO a trolling executed in an open house that, at the time, highlighted another fundamental underlying issue that the corrupt hierarchy of DASH tried to hide: That Evolution - currently "DASH Plattform", another intoxicating attempt to make it look like something else, to justify added delays - entered in ANOTHER YEAR of parasitism without being delivered. Ryan Taylor, supported by these corrupt intoxicants, has capitalized on a debate that was going to revolve around an unacceptable five-year delay (January 1 enters the SIXTH year) ... but without addressing fundamentals for an improvement in DASH such as store of value. On the contrary, it tries to place this debate in mirages unrelated to it - as an unbalanced distribution of monetary issues that coincidentally benefits the group in which the corrupt are found, the Mnodes ... and with which they want to totally control the governance of the chain ... and of course, marginalizing the group of miners (whom, remember, he tried to bypass in a first exposition exposing the possibility of eliminating completely and turning DASH into a POS system -.

The official position of CORE and the corrupt parasites of the DAO like DASH NEWS (rightly marginalized by a community of Mnodes that still claims its governance power ... but that will be increasingly threatened as a "sum of decentralized perspectives" by the whales that concentrate control of DASH) has NEVER been to reinforce DASH as a store of value. On the contrary, his attempts at trolling before any implanting any stable resource to the DASH system, which was one of the few that does not contemplate them, have been dirty and totally constant and repeated ... with Joel Valenzuela as the main intoxicant laughing at the stable coins with which the rest of the chains have tried to preserve the wealth of their users and repeating in their midst of corrupt intoxication that they were "just a fad" - or inviting, with Mason, disguised in VaultOro clothes, to DRAIN wealth from a DASH for just over $ 40 and transfer it to VaulToro, which they claimed was stabilizing wealth in DASH - when it is the exact opposite -. Now, that by chance someone has accepted the "store of value" on the agenda - after ruining tens of thousands of holders for years of waste and parasitism -, Valenzuela opens his infumable videos claiming "stability" as an objective for DASH (by the way , with several stable coins topping DASH in the rankings and half a dozen more stalking him closely, as he was repeatedly warned against his trolling on DASH NEWS and automatically CENSORED with the worst resources).

On the other hand, and also curiously, Ryan Taylor himself dismissed any performance in the sense of strengthening DASH as a store of value FOR YEARS. His crazy theory was that the very use and adoption of DASH would stabilize its price ... something completely ridiculous in an OPEN currency continuously distorted by the large speculative capital of the sector. Just as it is ridiculous to expect that DASH will reaffirm itself as a store of value by reorganizing an internal distribution of issues - in + - 10% of costs of + - 7% of monetary issue, that is, in a rebalancing of less than 1% of the total cap. In a project that yields to speculative capital that manipulates it like a toy, volatility margins of ... 97% !!! (Although, well, we must not lose hope... NEVER !!! ... also, maybe the next Nobel Prize in medicine will be for curing cancer with an aspirin ... let's be positive!).

All those measures ... just like the irrelevant nuances with which the trolls of the group that parasitizes DASH and wants to have it in exclusive property intoxicate any reasonable discussion or perpetuate it to total saturation, they are pure smoke and fireworks. If RTaylor wanted to, DASH would long ago be strengthened as a store of value, since there are resources available much more elementary and egective than the fantastic story that has been taken from the hat. (In which, by criterion and capacity, it CANNOT, better nor do we go on to assess it).

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
birdonthewire
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November 16, 2020, 11:33:46 AM
Last edit: November 16, 2020, 12:11:29 PM by birdonthewire

Historic charts clearly show that 4500(90%) of masternodes were established before previous bull run for a cost of max$15000. They were paid off for a many,many times ,so today ,they generates pure profit to its owners and every price above 0 is good for them.


  

Exact ... and not only that: Add the ridiculous impact on its investment (more than amortized) for the whales that carried that moment that has an assault on absolute control of the current and future DASH ecosystem, through the expansion of their positions (the intoxicating qwizzie He will tell you that "there is no evidence that the whales are centralizing the project ... but curiously, he uses the Mnodes record as an" unequivocal proof of decentralization "of DASH. For that interested correlation, it does work for him; D) ... and the minimization of the voting power of the modest Mnodes (of the micro-holders marginalized from the system by the blockade of the Shared Mnodes that Duffield saw fundamental for the real decentralization of DASH, we better not even talk).

They went for the microholders ... they go for the miners ... and they will go to the modest Mnodes. And these may resist to a greater or lesser extent to last in the ecosystem and maintain their returns, ok ... but the decentralization of DASH is / will already be doomed.

Whoever believes that the project, as a COLLECTIVE example of financial independence, decentralization and resistance to censorship, gains something from that ... lives in a cloud ... like that of DASH Plattform.

"The decentralization of DASH ... is ALSO a cloud. A smoke´s cloud." Excellent slogan.  Grin (and a lot more realistic than Mason's poisonings ... although I don't think it will work among the most popular DAO hijackers marketing options, honestly)

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
birdonthewire
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November 16, 2020, 11:34:19 AM

................

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
qwizzie
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November 16, 2020, 12:46:03 PM
Last edit: November 16, 2020, 01:07:28 PM by qwizzie

I wonder about a person's motive to try to post as many separate posts as possible, one following the other and the last one ending with '............', instead of just bundling them all in one post.



 
I guess it is a form of trying to steer the discussions into one direction, trying to control the narrative so to speak.

I also wonder why certain people feel a need to make a lot of separate accounts on this Bitcointalk forum. They put all this time and energy into setting up these sock poppet accounts, and for what ?
To enforce a bearish view on things in this Dash forum ? I guess ? They often get exposed by neglecting to pay attention to the little things too.

What do you think of people who engage in that kind of activity on this Bitcointalk forum, toknormal ? Would you consider that healthy behavior ?
Which reminds me (slightly off topic) : how many accounts did you have on Dash Whale / Dash Central again ? DashWale, Roger, and i think you mentioned a few more ?  Undecided
(i have a hard time remembering them all)
  

 

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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
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November 16, 2020, 01:23:43 PM

Which reminds me (slightly off topic) : how many accounts did you have on Dash Whale / Dash Central again ? DashWale, Roger, and i think you mentioned a few more ?  Undecided
(i have a hard time remembering them all)

I've only ever had 1 Dashwhale account and 1 bitcointalk account.

Am I not vocal enough for you with those ?
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November 16, 2020, 01:45:44 PM

Which reminds me (slightly off topic) : how many accounts did you have on Dash Whale / Dash Central again ? DashWale, Roger, and i think you mentioned a few more ?  Undecided
(i have a hard time remembering them all)

I've only ever had 1 Dashwhale account and 1 bitcointalk account.

Am I not vocal enough for you with those ?

Only 1 Dashwhale / Dash Central account ?


So i just have to ask you, are you in fact a masternode operator ? A masternode operator with little interest in Dash governance system and more in it for the blockrewards ?

I've operated a node since God knows when - 2014 I think. I've also been fairly active on Dashcentral except for the last year or so (used to be dashwhale) and have participated in governance discussions for donkeys

I am curious, were you known as 'dashed' on Dash Central ?

No. "Roger".

Not as many accounts as i thought you mentioned, but not exactly 1 account either.
Or maybe i am misunderstanding something here ?

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
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November 16, 2020, 01:53:55 PM


Or maybe i am misunderstanding something here ?

Yes, you're "misunderstanding something here" which is that - as stated above - I only ever had 1 Dashwhale account and 1 bitcointalk account your honour.

What else do you require to know till you accept that posts are being made in good faith and allow the thread to revert to discussing matters at hand ?
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November 16, 2020, 01:56:23 PM
Last edit: November 16, 2020, 02:13:05 PM by qwizzie

Or maybe i am misunderstanding something here ?

Yes, you're "misunderstanding something here" which is that - as stated above - I only ever had 1 Dashwhale account and 1 bitcointalk account your honour.

What else do you require to know till you accept that posts are being made in good faith ?

So what is that Dash Whale / Dash Central account exactly ? 'dashwhale' or 'Roger' ?
This is getting so confusing  Undecided

It almost feels like you are not being truthful about how many accounts you have on Dash Whale / Dash Central.
Which raises the question how truthful your answer of having only 1 bitcointalk forum account really is.

And if you are not being truthful about things like these, how truthful are you in other matters you are posting about ?

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
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November 16, 2020, 02:15:52 PM

When people are talking of DASH masternode profits, talking about masternode today costs of $77000 and how its yearly profit is so low for such of investment is completely wrong. Historic charts clearly show that 4500(90%) of masternodes were established before previous bull run for a cost of max$15000. They were paid off for a many,many times ,so today ,they generates pure profit to its owners and every price above 0 is good for them.
 

I agree with this statement, this is how the old hands are able to dump the price back to fair value, new hands however set the price and it is those that I am looking at most closely, it seems this year $65 has proven to be an attractive enough price for them.  Next year will be interesting.
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November 16, 2020, 02:20:17 PM


It almost feels like you are not being truthful with how many accounts you have on Dash Whale / Dash Central.

Well regardless of how it "feels" I only ever had one.

Maybe you've got too much time on your hands for cooking up toxic aspersions about people.

Try entertaining the idea that some posters may present their arguments in good faith because they've researched & reflected on them and not because they're covertly trying to undermine the discussion.
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November 16, 2020, 02:24:17 PM
Last edit: November 16, 2020, 02:40:59 PM by qwizzie


It almost feels like you are not being truthful with how many accounts you have on Dash Whale / Dash Central.

Well regardless of how it "feels" I only ever had one.

Maybe you've got too much time on your hands for cooking up toxic aspersions about people.

Try entertaining the idea that some posters may present their arguments in good faith because they've researched them and not because they're covertly trying to undermine the discussion.

I guess you leave me no other choice, but to conclude you are indeed not telling the truth (they call that lying), as you already posted to have at least two Dash Whale / Dash Central accounts.

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

So i just have to ask you, are you in fact a masternode operator ? A masternode operator with little interest in Dash governance system and more in it for the blockrewards ?

I've operated a node since God knows when - 2014 I think. I've also been fairly active on Dashcentral except for the last year or so (used to be dashwhale) and have participated in governance discussions for donkeys

I am curious, were you known as 'dashed' on Dash Central ?

No. "Roger".
********************************************************************************************************************************************************************************

I also highly suspect (my own personal assumption) you have at least three bitcointalk forum accounts, that you use to spread bearish sentiment on this forum.
With that out of the way, please by all means continue the discussions. Don't let poor little me distract you.


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
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November 16, 2020, 02:32:03 PM


you already posted to have at least two Dash Whale / Dash Central accounts

qwizzie you are treading on very thin ice by toxifying the discussion like this.

What, may I ask are the names of the accounts you claim to have been used as "sockpuppets" by me ?
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November 16, 2020, 02:34:44 PM


you already posted to have at least two Dash Whale / Dash Central accounts

qwizzie you are treading on very thin ice by toxifying the debate like this.

What, may I ask are the names of the accounts you claim to have been used as "sockpuppets" by me ?

Lets just say i am keeping that assumption to myself, until i have gathered some further evidence. I don't want to present my assumption as a fact after all.
By all means continue the discussions. I have said what i wanted to say, you have said you wanted to say. I consider this topic closed for now.

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
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November 16, 2020, 02:47:38 PM
Last edit: November 16, 2020, 02:58:33 PM by toknormal


until i have gathered some further evidence.

Well remember to not offer me an apology when you fail to come up with any and just fabricate it instead. We wouldn't want to see your reputation for character assassination to go downhill.
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November 16, 2020, 02:54:43 PM

birdonthewire is @Purpelado#3256 I would recognise that hateful rambling anywhere.  I am not sure why he is so obsessed with this coin if he hates it so much, you'd think he'd have more productive things to do.
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November 16, 2020, 03:12:07 PM

I wonder about a person's motive to try to post as many separate posts as possible, one following the other and the last one ending with '............', instead of just bundling them all in one post.



 
I guess it is a form of trying to steer the discussions into one direction, trying to control the narrative so to speak.

I also wonder why certain people feel a need to make a lot of separate accounts on this Bitcointalk forum. They put all this time and energy into setting up these sock poppet accounts, and for what ?
To enforce a bearish view on things in this Dash forum ? I guess ? They often get exposed by neglecting to pay attention to the little things too.

What do you think of people who engage in that kind of activity on this Bitcointalk forum, toknormal ? Would you consider that healthy behavior ?
Which reminds me (slightly off topic) : how many accounts did you have on Dash Whale / Dash Central again ? DashWale, Roger, and i think you mentioned a few more ?  Undecided
(i have a hard time remembering them all)
  

 

LOL  Grin Grin Grin ... everything is much simpler, Sherlock, at least in my case. To begin with, these ellipses respond to the impossibility of eliminating messages - repeated in that case - imposed by btctalk until after 24 hours ... at least to users of my level and / or knowledge -)

(Although really, in yours it is also simple: as if someone appeared capable of arguing with criteria against your corrupt position of sucking asses towards the consolidation of a system that, from an already evident centralization, advances even more to an absolute concentration of the really influential supply of dash. Well, you paint five feet to the cat or you boast of ignoring it ... inviting other people to do the same and feed on toxic and interested information like yours and thus if they have ignored questions of enormous interest in DASH ... but above all you avoid countering any argument - also, with your arrogant troll ways, you would end up with broken teeth and you would have to throw away that nick to build the next one ... since it only serves to troll and confuse the newbies, see if you can continue the scam ... as soon as you confront someone with a critical and well-formed view of DASH, your carts fall apart like sugar, because the arguments that They show corruption in each of the extensions originally declared as fundamental in the project, they are ammunition to win a hundred battles ... but coincidentally and as I have already left It is clear in the first posts for a few days, my line of post and opinion will turn in around the optimization of decentralization, economic independence and resistance to censorship that DASH proclaims as the basis of its project ... and that, in practice, are absolutely manipulated and corrupted. points for particular benefits whose dynamics is also to centralize, concentrate and corrupt more, as in the game of chairs -).

In my case, and for general information, since I don't give a shit what an intoxicating troll thinks, as surely can suppose even a slow guy like you, I have a nick here, another in the forum ... and another in discord. ..and only the DASH forum I did ex-process for DASH, the three highs being very spaced in time. I don't have more than one nick IN ANY MEDIA. And, of course, I am not going to create any new ones because I do not have the slightest desire for prominence and less any personalistic intention: In crypto and blockchain, I am only interested in optimizing resources to create decentralized, independent and self-sufficient libertarian structures ... and that of DASH, and I am not surprised by the well-earned image of corruption that it has in the rest of the crypto sector, it is a case worthy of study (which, however, I take positively as something capable of being improved ... if not , my presence here would be useless and on the contrary, I like to enjoy my time, you see how capricious I am).

So. in search of some synergy in a project especially disappointing because of the enormous seduction that the Duffield principles activated in so many people - principles today totally corrupted by a parasitic structure that has created immense niches of particular interest that practically nullify the potential collective inertia of the project - and of any possibility of reorientation of a potential jewel like DASH - which unfortunately the corrupt ones sink in the mud -, I post here, smiling and happy (although I fully understand that intoxicants and manipulators like you do not like least).

A greeting, sweet heart.  Wink

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
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November 16, 2020, 03:22:33 PM

And now for something less bearish, it looks like Dash price recovery is progressing nicely :


Source :  https://cryptowat.ch/charts/BINANCE:DASH-USDT?period=3d

Will Dash hit $100 end of this year ? Stay tuned.....

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
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