toknormal
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December 03, 2020, 09:16:10 AM |
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Actually DASH vs BTC is way more bullish than it was a month ago. You mean it's only descending at a 20 degree angle rather than a 70 degree one ?
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arielbit
Legendary

Activity: 3444
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December 03, 2020, 09:22:33 AM |
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property tax on my crypto
effective income tax because ..
LOL, you and your "anonymous" shitcoin with their "taxes" .. what a pathetic and hypocritical view  ...evan duffy dick and his side kicks was right bailing out on this shitcoin..you should too, this might be your last bull run ever 
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qwizzie
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December 03, 2020, 11:51:23 AM Last edit: December 03, 2020, 12:29:30 PM by qwizzie |
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Looks like Monero trolls are getting a bit worried about Dash turning bullish. It won't be long now that Dash price will be higher then Monero's price, just a matter of time. I hope you are not still all-in Monero, little mermaid. Oh look, another 100 Monero users ip addresses and their porn preference leaked : https://bitcointalk.org/index.php?topic=5286887.40  Hell, Monero devs can't even protect their own official website and got their binaries infected by malicious coin-stealing malware. Bye bye reputation. Source : https://arstechnica.com/information-technology/2019/11/official-monero-website-is-hacked-to-deliver-currency-stealing-malware/Who was responsible for that breach i wonder ? Which Monero 'developer' got careless with his access ? Most likely someone that is no longer part of the Monero team. Most likely a certain someone that took an advisory role. Which reminds me, whatever happend with fluffypony's closed-off Monero serverbox investigation by specialists into that breach, ariel ? There is an eerily silence on that specific topic. I just can't seem to get a straight answer on that (trust me, i tried).
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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
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birdonthewire
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December 03, 2020, 12:17:18 PM Last edit: December 03, 2020, 12:32:46 PM by birdonthewire |
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Looks like Monero trolls are getting a bit worried about Dash turning bullish.
Bullish ?  Do you think your makeup or your "granny gossip" activism fixes something ? Fuck Monero and her entire genealogical tree. This is a DASH thread. Just a fork fixes this garbage. The DAO kidnappers are a junkie with a noose around their neck throwing their final party ... but Duffield's self-financing structure (not outrageous bonuses to parasites) is perfect ... but distorted and used as shit. It must be decentralized and supported in good Reserves. Nothing to do with this game of chairs + phosphor game that is just a theater with an army of involved assuming their corrupt role. Mason will be uploading his umpteenth holiday rocket to tweeter, like every $ 5 pump ... while newbies' BTCs are stolen by the handful. By the way ... also the "humble" Mnodes are being plundered in their main asset, their patrimony. What they take away from miners or microholders is also bait, like fiat pumps dazzling novices. DASH can compete with BTC. Yes, with BTC. But just getting exposed to BTC beats Nakamoto's Cannibalism. Emissions for DAO are a tax on expansive movements ... and exposure to BTC, another to contractive ones : Crypto trap fixed and focus on work with the COLLECTIVE funds... and fuck Monero, BTC and the rest of the list! Financial freedom and steady progressive accumulation of Wealth.
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qwizzie
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December 03, 2020, 12:43:09 PM Last edit: December 03, 2020, 01:49:19 PM by qwizzie |
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Conclusion
Fundamentals suggest increasing and sustained on-chain activity over the past two years. While optional privacy features are not dominant on the network, these types of transactions have also increased year over year since inception. I like that conclusion  The DASH Improvement Proctol repo has largely been inactive over the past year (bottom, chart below). DASH Core v0.15 was released in February with improvements to the native UI, mempool syncing, and PrivateSend That is incorrect. We had v0.16 released in October 2020 --> https://www.dash.org/forum/threads/dash-core-v0-16-has-been-released.50752/ strange that bravenewcoin overlooked that. Also Dash Github development activity for Dash should be monitored here : https://github.com/dashpay/dash/commits/developUnfortunetely most companies that analyse Dash Github development activity overlook that and only focus on the master tree --> https://github.com/dashpay/dash/commits/master, which gives a very incomplete picture. Also bravenewcoin seems oblivious to development on Dash Platform, that had numerous updates (5?) this year alone on Evonet and will be launched on Dash testnet end of this month. Links : https://www.crowdfundinsider.com/2020/09/166347-dash-dash-or-digital-cash-devs-release-new-version-to-make-it-easier-to-test-new-features/https://cointelegraph.com/news/dash-is-evolving-into-a-decentralized-cloud-cryptocurrencyI blame above on a weakening of Dash marketing efforts. Hopefully Dash Core Group hires someone for the vacant CMO (Chief Marketing Officer) position soon. Obviously Dash Platform needs a lot more marketing then it is currently getting and we need to focus on getting the message across that Dash development activity on Github should be tracked from the developer tree, not just the master tree. Unlike other coins from the class of 2014, which have largely gone extinct, DASH has likely survived due to both the Master Node and treasury components. Master Nodes discourage a vast majority of the circulating supply to ever see the open market, and the treasury has continued to fund DASH related development and marketing to sustain the coin over the past six years. And there goes all of toknormal's assumptions. This is not exactly the first respectable company doing a detailed market analysis on Dash, that mentioned Dash survival likely being connected to both its masternodes model and its decentralized treasury. toknormal will not like that 
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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
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birdonthewire
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December 03, 2020, 12:49:29 PM |
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And there goes toknormal's assumptions. This is not exactly the first news outlet doing a detailed market analysis on Dash that mentioned Dash survival due to both masternodes and the treasury. toknormal will not like that  that you have dragged him to the level of pure survival, you mean? It's like marrying Miss Universe and bragging to your friends that she cleans dishes very well.
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qwizzie
Legendary

Activity: 2548
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December 03, 2020, 04:01:42 PM Last edit: December 03, 2020, 04:12:46 PM by qwizzie |
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Why it's not all about Bitcoin
Bitcoin's current dominance level of around 62.5% in the cryptocurrency complex is staggering, and I believe there are numerous blockchain enterprise projects that likely have a lot of catching up to do.
Top Coins to Transact With
As the coronavirus crisis unfolds, digital coins continue to become more popular and prominent around the world. Governments and central banks are devaluing their currencies around the globe. This is a key fundamental factor why digital assets can continue to take share in the decentralized global medium of exchange market.
Our Top 5 List
Zcash (ZEC-USD) Bitcoin Cash (BCH-USD) LiteCoin (LTC-USD) Dash (DASH-USD) Monero (XMR-USD)
These are our top five transactional coins of choice for the future, and market caps on these can probably go much higher. All of DASH coins in circulation account for about a total market cap of roughly $1 billion, Zcash, about $800 million. These are not particularly big numbers in the greater scene of things. Source : https://seekingalpha.com/article/4392760-bitcoin-this-time-really-is-differentBitcoin price seems to be making another attempt at breaking into the $20,000 range, will it succeed this time or will another sell-off from whales and miners cause a rejection near that range once more ? Link : https://cointelegraph.com/news/3-reasons-why-bitcoin-price-violently-rejected-near-20-000Stay tuned...
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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
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jdmcg
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Activity: 264
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December 03, 2020, 09:06:55 PM |
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Actually DASH vs BTC is way more bullish than it was a month ago. You mean it's only descending at a 20 degree angle rather than a 70 degree one ? Ha! Well, ok, like most, you probably thought Dash was still in a bull market back in April 2018 too...
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Nthelight
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December 03, 2020, 09:21:00 PM |
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DASH/USD- Bear trend seems over since 2020.
- Volume seems to have increased heavily since 2020. There has definitely been very significant buy support (accumulation) throughout 2020.
- Volume was very low end of 2019 and it seems price slid heavily on 'low volume'.
- Looks like $40 is a very solid bottom of the bear trend and seems completely out of reach now.
- Solid floor has potentially moved up to $60, as we haven't breached it since the covid crash took the whole crypto market down (March 2020) and only breached it for two months end of 2019.
- It's possible that $60 is a solid floor now and may also be out of reach, but too soon to call it.
- DASH/USD price is on the move, but it is too soon to clearly seen an uptrend. DASH/USD does seems more "stable", with a slightly positive trend building.
- When Bitcoin breaches $20K, hopefully DASH/USD follows along and makes a move towards the $120-$140 zone.
- The potential is there to see $100 becoming a solid floor in the coming year. It's possible that sub $100 coins will be considered dirt cheap by the end of 2021.
- A lot will depend on the upcoming release of Dash Platform / Dashpay in 2021 to support the bullish trend. Obviously the bullish trend will be much stronger if it's promoted and received well by end users and investors.
DASH/BTC- Bitcoin has seen enormous investment in the past year and has basically wrecked the bitcoin ratio of almost all altcoins.
- DASH/BTC trading around 0.005, the same level as 2014/2015. DASH/BTC's floor currently seems to be around the 0.005 level, but no clear trend and no clear sign that this level will be defended, as far as I can tell.
- Bitcoin sentiment is megabullish and continues to push towards the $20K level. With all the prominent Bitcoiners and investment firms in full shill mode, projecting prices of $250K no less, it is a reasonable assumption that there is a significant probability that this floor will not hold. When Bitcoin makes its next push I would not be surprised to see it dip below 0.005 and continuing its decent towards 0.001 levels. Possibly hitting lower ratios than 0.001, possibly entering the 0.000x ranges, when Bitcoin's price appreciation goes exponential.
- Unfortunately it means that there was no financial benefit buying Dash instead of Bitcoin, even when you got in reasonably early. This however applies to almost all altcoins.
- If 0.005 breaches it will have been a sub optimal ;-) move for most investors, so it would definitely be a great confidence booster to see DASH/BTC hold 0.005. If it does, while Bitcoin rises, then we are ready for our own bullish move.
- Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?
 Any TA specialists who would like to share their opinion on both charts?
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dafdaf
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December 03, 2020, 10:05:51 PM |
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It won't be long now that Dash price will be higher then Monero's price, just a matter of time. Comparing prices per coin is totally irrelevant. (Monero is totally irrelevant too —just a giant decryption accident waiting to happen—, but that is another topic.)
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dafdaf
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December 03, 2020, 10:12:52 PM |
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Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important? Good question! Do we have a history of DASH/BTC and DASH/USD volumes over time?
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jdmcg
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December 03, 2020, 10:59:53 PM |
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DASH/USD- Bear trend seems over since 2020.
- Volume seems to have increased heavily since 2020. There has definitely been very significant buy support (accumulation) throughout 2020.
- Volume was very low end of 2019 and it seems price slid heavily on 'low volume'.
- Looks like $40 is a very solid bottom of the bear trend and seems completely out of reach now.
- Solid floor has potentially moved up to $60, as we haven't breached it since the covid crash took the whole crypto market down (March 2020) and only breached it for two months end of 2019.
- It's possible that $60 is a solid floor now and may also be out of reach, but too soon to call it.
- DASH/USD price is on the move, but it is too soon to clearly seen an uptrend. DASH/USD does seems more "stable", with a slightly positive trend building.
- When Bitcoin breaches $20K, hopefully DASH/USD follows along and makes a move towards the $120-$140 zone.
- The potential is there to see $100 becoming a solid floor in the coming year. It's possible that sub $100 coins will be considered dirt cheap by the end of 2021.
- A lot will depend on the upcoming release of Dash Platform / Dashpay in 2021 to support the bullish trend. Obviously the bullish trend will be much stronger if it's promoted and received well by end users and investors.
I'll start by saying I'm not a TA specialist (or financial advisor) but I know some of the basics of TA. I suggest anyone getting into crypto at least learn the basics because TA has a good track record (when used and understood properly) when it comes to predicting the likelihood of price action based on human emotions. Crypto trading is largely still speculative and tied to fear and greed more than anything else. If a project is good technically/fundamentally enough and has enough network effect then it likely has enough visibility for the roller coaster ride that our emotions will bring. Now, regarding DASH/USD: DASH didn't really enter a bull market vs USD at the beginning of 2020. This is what would be called a fake out and was largely not sustainable because the big boss, BTC, was still in a bear market. So, we saw DASH enter what appeared to be a bull market around Feb 5th but it only latest for about 2 months... Another shorter/smaller fake out occurred around May 15th and lasted less than a month... Yet another fake out about Aug 20th which again ran out of steam in just over a month... Multiple fake outs in a row like this often suggest the price is settling down at a stable bottom (which IMO is about $65) DASH has most recently entered into a bull market vs USD on Nov 28th... is this a fake out? It's possible but the odds are that it's not. Some reasons for the optimism... 1) BTC is on the verge of breaking its previous ATH of around $20K (History tells us that has always been very good for alts) 2) Other alts are also showing strength against USD... DASH is not alone in its rising 3) Technical indicators for DASH (moving averages, RSI, even volume) are all showing bullish If DASH's price should dip right now, you'd see major support around the $80 level. DASH's pump back in Jan had weak market structure and could be identified as a pump and dump... From where DASH is today, the major resistance levels are about $135, $170, $220, $250, $300 and $500... after that the price could easily rip up to its previous ATH and beyond... DASH/BTC- Bitcoin has seen enormous investment in the past year and has basically wrecked the bitcoin ratio of almost all altcoins.
- DASH/BTC trading around 0.005, the same level as 2014/2015. DASH/BTC's floor currently seems to be around the 0.005 level, but no clear trend and no clear sign that this level will be defended, as far as I can tell.
- Bitcoin sentiment is megabullish and continues to push towards the $20K level. With all the prominent Bitcoiners and investment firms in full shill mode, projecting prices of $250K no less, it is a reasonable assumption that there is a significant probability that this floor will not hold. When Bitcoin makes its next push I would not be surprised to see it dip below 0.005 and continuing its decent towards 0.001 levels. Possibly hitting lower ratios than 0.001, possibly entering the 0.000x ranges, when Bitcoin's price appreciation goes exponential.
- Unfortunately it means that there was no financial benefit buying Dash instead of Bitcoin, even when you got in reasonably early. This however applies to almost all altcoins.
- If 0.005 breaches it will have been a sub optimal ;-) move for most investors, so it would definitely be a great confidence booster to see DASH/BTC hold 0.005. If it does, while Bitcoin rises, then we are ready for our own bullish move.
- Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?
Now, DASH vs BTC should always follow DASH vs USD. So, if DASH can remain in a bull market against USD (and not be yet another fake out), I'd expect DASH to enter into a bull market vs BTC sometime early January 2021. The pump from earlier this year in January saw DASH enter a bull market vs BTC Jan 31st... a clue this wasn't sustainable as DASH had not yet entered into a bull market vs USD... Now, there's a decent chance DASH saw its bottom vs BTC at around 0.0042 BTC about a month ago. But no guarantees. DASH needs to break above 0.0064 BTC and hold it as support to break the trend. DASH is currently trading above the 50 DAY SMA and successfully held it as support just the other day. At this point I see it as slim to no chance that DASH goes as low as 0.001 BTC. DASH has formed strong support at 0.0044 BTC and if it were to break that I'd expect it to dip to 0.0037 BTC before spiking back up. Now, the bullish case for DASH all hinges on BTC breaking its previous ATH around $20K. If BTC ultimately gets rejected at $20K, it will be ugly for all cryptos for quite some time. Once BTC holds above $20K, alts will outperform BTC by a good margin in the short term. It's just human nature. 2021 will be good for the patient but 2022 may be devastating for those that are too greedy...
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Nthelight
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December 03, 2020, 11:15:20 PM |
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 - The monthly transactions are based on recent averages of 25,000 daily transactions multiplied by 30,5.
- The Masternode revenue is taken from Crowning’s ROI estimation page. I don’t know if it includes cost per masternode, but VPS hosting cost is low and percentage wise it becomes smaller as price continues to increase, so the general calculation should still be accurate enough to show the problem.
- Such MN revenues can only be justified to some extent (or be sustainable) if the network usage increases accordingly, therefore the ideal dynamic block reward algorithm should take into account certain growth factors, such as the number of transactions.
- Even if the number of transactions increases drastically, the projected return for masternodes (block reward split) is far too high as the overall network cost is ultimately reflected in a hidden transaction cost, which is carried by (new) investors who ultimately buy the MN revenue coins whenever they are sold.
- If this analysis (point of view) is correct, then the issue will obviously become bigger as we gradually upscale the MN split towards 60%.
- Of course the hidden transaction cost is not $3 at the moment, as not all MN revenue is sold, it will be a fraction of that. It is the maximum hidden transaction cost if all MNOs would constantly sell their revenue.
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birdonthewire
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December 03, 2020, 11:29:20 PM Last edit: December 03, 2020, 11:55:21 PM by birdonthewire |
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- Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?
In a context of hyper-impression of global fiat ... would anyone really believe that that could have any merit? Increase more the price of a can of peppers in any supermarket in the world ... and without the least effort or magic strategy. I think it was you who valued incorporating an economist into this project, a question on the table for years that I think is answered by itself ... and, by the way, ignored, if not directly trolled in the different channels and media of information intoxicated AND SUBSIDIZED by the DAO, including funding for the marginalization and trolling to dissidents. (Like any invitation to the debate to reinforce DASH as a store of value ... offered for YEARS until RTaylor did well to introduce it into her narrative - imo, more like her excuses -). The nonsense of treating a MONETARY project without regard to its own nature is of such caliber that it sounds excessive even in the midst of this mess of stupidity, neglect, parasitism and corruption. In front of your eyes, or in your own numbers, you have it.
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birdonthewire
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December 03, 2020, 11:50:20 PM |
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I'll start by saying I'm not a TA specialist (or financial advisor) but I know some of the basics of TA. I suggest anyone ...
Good post, thanks.
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Nthelight
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Activity: 112
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December 03, 2020, 11:58:00 PM |
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DASH/USD- Bear trend seems over since 2020.
- Volume seems to have increased heavily since 2020. There has definitely been very significant buy support (accumulation) throughout 2020.
- Volume was very low end of 2019 and it seems price slid heavily on 'low volume'.
- Looks like $40 is a very solid bottom of the bear trend and seems completely out of reach now.
- Solid floor has potentially moved up to $60, as we haven't breached it since the covid crash took the whole crypto market down (March 2020) and only breached it for two months end of 2019.
- It's possible that $60 is a solid floor now and may also be out of reach, but too soon to call it.
- DASH/USD price is on the move, but it is too soon to clearly seen an uptrend. DASH/USD does seems more "stable", with a slightly positive trend building.
- When Bitcoin breaches $20K, hopefully DASH/USD follows along and makes a move towards the $120-$140 zone.
- The potential is there to see $100 becoming a solid floor in the coming year. It's possible that sub $100 coins will be considered dirt cheap by the end of 2021.
- A lot will depend on the upcoming release of Dash Platform / Dashpay in 2021 to support the bullish trend. Obviously the bullish trend will be much stronger if it's promoted and received well by end users and investors.
DASH didn't really enter a bull market vs USD at the beginning of 2020. This is what would be called a fake out and was largely not sustainable because the big boss, BTC, was still in a bear market. So, we saw DASH enter what appeared to be a bull market around Feb 5th but it only latest for about 2 months... Another shorter/smaller fake out occurred around May 15th and lasted less than a month... Yet another fake out about Aug 20th which again ran out of steam in just over a month... Multiple fake outs in a row like this often suggest the price is settling down at a stable bottom (which IMO is about $65) DASH has most recently entered into a bull market vs USD on Nov 28th... is this a fake out? It's possible but the odds are that it's not. Some reasons for the optimism... 1) BTC is on the verge of breaking its previous ATH of around $20K (History tells us that has always been very good for alts) 2) Other alts are also showing strength against USD... DASH is not alone in its rising 3) Technical indicators for DASH (moving averages, RSI, even volume) are all showing bullish If DASH's price should dip right now, you'd see major support around the $80 level. DASH's pump back in Jan had weak market structure and could be identified as a pump and dump... From where DASH is today, the major resistance levels are about $135, $170, $220, $250, $300 and $500... after that the price could easily rip up to its previous ATH and beyond... I agree regarding DASH/USD. I'm well aware that the first move was a blatant pump and dump (ultradar). Didn't say we were in a bull market since 2020. That is obviously not the case. In retrospect it just seems that the bearish trend ended there and that 2020 was a year of trying to find an acceptable floor. As said the upwards move has only recently started and it is still too fresh to be 100% convinced, but it's looking good. Additionally I'm conservative on the numbers as I'm taking into account a potential downwards trend for Bitcoin (however unlikely that seems now) which would very quickly decimate our DASH/USD. It just looks like the $40 zone is absolutely out of reach no matter what Bitcoin does and it's possible that even the $60 zone is out of reach no matter what Bitcoin does. Bitcoin can dump to $4000 tomorrow and it will be very hard to get any Dash around $40. This is our hard baked bottom for 2020. If Bitcoin continues to move up then these zones will absolutely be out of reach and $80 will then effectively be reflected as a potential new hard floor, but that's not the case yet today, so I remain conservative. I would however say that it's reasonable to assume that getting any DASH between $40 and $60 is very very unlikely, even $65 seems out of reach. Anyone waiting for those prices is going to miss out. We may have a bit of a hard time pushing upwards though, as we will need get through some bears selling between $120-$200. Once those Dash bears are out, DASH/USD has the ability to go much higher provided there is decent demand. DASH/BTC- Bitcoin has seen enormous investment in the past year and has basically wrecked the bitcoin ratio of almost all altcoins.
- DASH/BTC trading around 0.005, the same level as 2014/2015. DASH/BTC's floor currently seems to be around the 0.005 level, but no clear trend and no clear sign that this level will be defended, as far as I can tell.
- Bitcoin sentiment is megabullish and continues to push towards the $20K level. With all the prominent Bitcoiners and investment firms in full shill mode, projecting prices of $250K no less, it is a reasonable assumption that there is a significant probability that this floor will not hold. When Bitcoin makes its next push I would not be surprised to see it dip below 0.005 and continuing its decent towards 0.001 levels. Possibly hitting lower ratios than 0.001, possibly entering the 0.000x ranges, when Bitcoin's price appreciation goes exponential.
- Unfortunately it means that there was no financial benefit buying Dash instead of Bitcoin, even when you got in reasonably early. This however applies to almost all altcoins.
- If 0.005 breaches it will have been a sub optimal ;-) move for most investors, so it would definitely be a great confidence booster to see DASH/BTC hold 0.005. If it does, while Bitcoin rises, then we are ready for our own bullish move.
- Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?
Now, DASH vs BTC should always follow DASH vs USD. So, if DASH can remain in a bull market against USD (and not be yet another fake out), I'd expect DASH to enter into a bull market vs BTC sometime early January 2021. The pump from earlier this year in January saw DASH enter a bull market vs BTC Jan 31st... a clue this wasn't sustainable as DASH had not yet entered into a bull market vs USD... Now, there's a decent chance DASH saw its bottom vs BTC at around 0.0042 BTC about a month ago. But no guarantees. DASH needs to break above 0.0064 BTC and hold it as support to break the trend. DASH is currently trading above the 50 DAY SMA and successfully held it as support just the other day. At this point I see it as slim to no chance that DASH goes as low as 0.001 BTC. DASH has formed strong support at 0.0044 BTC and if it were to break that I'd expect it to dip to 0.0037 BTC before spiking back up. Now, the bullish case for DASH all hinges on BTC breaking its previous ATH around $20K. If BTC ultimately gets rejected at $20K, it will be ugly for all cryptos for quite some time. Once BTC holds above $20K, alts will outperform BTC by a good margin in the short term. It's just human nature. 2021 will be good for the patient but 2022 may be devastating for those that are too greedy... Well, I certainly hope we're not ever touching the 0,005 DASH/BTC level ever again. Just too soon to say and I'm not convinced at all that there is strong support there. If Bitcoin/USD really explodes, it does not seem unreasonable to think that we will blast through several DASH/BTC support levels. If we do hold that level than we're set for a bull trend. Hoping for the best and that 2021 may bring a clear uptrend on both the DASH/USD and DASH/BTC pair.
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toknormal
Legendary

Activity: 3066
Merit: 1188
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December 04, 2020, 10:27:40 PM Last edit: December 05, 2020, 12:47:10 PM by toknormal |
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We're drifting once more against BTC. This should not be happening. Dash is a very powerful coin and it's getting destroyed by lack of thinking. The community must not congregate around a vote decision. It must think, review and continue to evolve around the decision. It must not allow itself to be gagged by a vote but rather use it as a platform to evolve and compete against other coins. Otherwise we'll just drown ourselves in our own governance mechanism. It was supposed to liberate thinking and make the coin more versatile, not castrate community thinking.  Dash has amazing prowess but underpowered due to its mining capacity being completely neutered by the protocol IMO. A bit like the most advanced Boeing that couldn't get off the ground because its engines were underpowered. When are we going to get our mining power restored so we can all get behind this coin again ? Why should Dash holders put up with strangulation of mining competitively just so that masternodes can earn holiday cruises ? Why can we not be aggressive, competitive and use our advantages to gain rankings against other mined coins ? Why do we have to put up with this silly narrative that "managing traffic to order books" is all Dash can do to save itself ? Other coins are happy to have high volume trading (and can afford it because being 100% mined, the fiat they draw does not get dumped in holiday cruises, instead it gets invested straight into upwards difficulty adjustments across their ENTIRE blockchain which is the definition of store of value in crypto. That's why they enjoy investor preference over us). We have a budget that is the blockchain supply. New supply is being created every day. To me that supply should be directed optimally and aggressively at the three targets that can grow Dash: 1. wealth preservation (mining) 2. forward investment (treasury) 3. service protocol (masternodes) The cheapest but most competitive of the lot. Spend least, gain most. We are wasting HALF of our entire supply on the 3rd target when investors are interested in the 1st target.
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birdonthewire
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December 05, 2020, 12:06:09 AM Last edit: December 05, 2020, 03:10:47 AM by birdonthewire |
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Things must be reversed and only the community can do it.
There is no community in DASH. Not what any other project understands as a community. There is a distorted idea of community embedded as a trap. And apart from my own indignation, I emphasize it because beyond the embarrassing appropriation and kidnapping after taking advantage of the capital of hundreds of thousands of well-intentioned people and today totally marginalized from the project ... in the face of the public media - not those manipulated by Treasury hijackers - the project's own visible heads demagogically manipulate that concept, referring to the community as to all DASH users. They continually handle this ambiguity with interest ... because admitting that only a couple of hundred people decide EVERYTHING in this project and appropriate the funds generated by ALL the movement generated in the chain, is so shameful and indefensible in a sector philosophically presided over by decentralization that would simply leave its utter infamy and manipulation in utter clarity in the eyes of the entire sector and investors approaching crypto. It would be literally the laughing stock of crypto, giving more reason to the accusations that for so many years have been branded as defamations ... when all of them (many malicious ... but many others not) responded with total clarity to the evident manipulation and appropriation of the draft. Not even Instamine gossip would get such evidence of tampering alongside a CLEAR and SINCERE admission of DASH's operation. Duffield left a structure that was an excellent legacy ... corruption and incapacity is of your own making, even frontally corrupting several of the founder's libertarian approaches. The community OF MNODES to which you demand action ... are precisely the two or three hundred people who vote and strangle this project (two or three hundred people WORLDWIDE: or, and DASH "selling" decentralization for the planet:  . ..the fallacy is absolutely incredible and unsustainable! ). The plan, modeled after the most parasitic world political tipical model to the assault of the funds of a collective how much many of us have to suffer in the "free world" and drives us to try adventures as crypto , was to laugh in the face of everyone, ignoring them while the pocket was generously filled ... the accusations and abusive evidence would be worth it, always that they were paid at the price of Gold. Dignity had a price. But now it turns out that in addition to being rotten, the project is a ruin ... because in addition to being corrupt centralized and centralizers ... as a decision-making mass, you are idiots and / or incapable of creating a single action of value ... with a track record of proposals approved with which a book of anthological jokes could be made. Each of the performances has been more ridiculous than the last. Yesterday I was reading one of the most active and idealistic members of the forum, of course, absolutely passionate about the original spirit of DASH - and always keeping impeccable forms and respect -, complain bitterly that RTaylor and Core simply ignore him and do not They respond to your requests for information in the face of the extremely exaggerated rent of the offices that they continually charge to the DAO ... and that several members have apparently found empty in their personal visits. RTaylor does the same as you: Silence for an answer and to "put your hand". By the way, the commented rent for "the idealistic boy who left Wall Street for the minimum wage" is for absolutely ASTRONOMIC figures. So exaggerated, that since I don't remember them literally, nor do I expose them for fear of erroneously disturbing them. But a real outrage. And now you expect the "geniuses" "generous" "decentralized" to shed that rotten DNA on which they have freely and arrogantly performed as managers and as people ... and turn the project 180º? I understand the desperate claim ... but it totally lacks logic. Perhaps it will be more successful to call another international beer festival ... or another open house - in which images are only seen, pathetically, a few attendees and all of them members of the parasitic hierarchy of DASH ... because this old jewel, turned into pure shit no longer absolutely interests anyone -. Without decentralizing it, there is nothing to do. Another thing would be a fork. But that this band of immoral ... reset? That is dreaming out loud. p.d. By the way ... yesterday someone was talking about a possible network effect in DASH. Network effect is precisely what the DAO hijackers have amputated in DASH after turning the REAL COMMUNITY into mere dolls. The incredible thing is that you believe that hundreds of thousands of people will keep coming to fill your pockets while feeling marginalized as manipulable idiots. Drop money so that the cheaters who deny them bread and salt ... take it away by the handful. (Or not ... that now the scammed are despicable "little fish" and you think that it is the rich who are going to come to the project to put six figures in a Mnode that does not influence a shit in the centralized tide of DASH, full of whales with dozens, even hundreds and maybe some with thousands ... so that at any moment another "fantastic" vote will come out and send them to hell by cutting their rights as has been done before) Anyway ... A great idea ... pure inertia, yes sir. (in the historical and proven line of DASH, that's for sure ...)
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toknormal
Legendary

Activity: 3066
Merit: 1188
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December 05, 2020, 12:14:29 AM |
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There is no community in DASH. There is indeed a community (of investors). It just doesn't quite understand what it owns or what parts of it make it valuable in a formal enough way to not through the baby out with the bathwater.
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birdonthewire
Member


Activity: 274
Merit: 10
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December 05, 2020, 12:45:11 AM Last edit: December 05, 2020, 03:21:18 AM by birdonthewire |
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There is no community in DASH. There is indeed a community (of investors). It just doesn't quite understand what it owns or what parts of it make it valuable in a formal enough way to not through the baby out with the bathwater. ALL media paid directly by the DAO of DASH (funding in addition, continued later that demonstrates adherence to the supported editorial line) or relevant people such as RTaylor, Evan Duffield, Amanda B Johnsonn (who are not hesitant to stray from mainstream consensus on the project)... offered to receive "INVESTORS" to hundreds of thousands of users whose funds have been made available to them...the vast majority wasted on various stupidities and shenanigans.And of course, profit for those involved ... that is not lacking.  You have a thousand samples on the net ... several of them STILL offering STILL Shared Mnodes to DASH holders under a thousand tokens ON OFFICIAL DASH INFORMATION CHANNELS. Even with maximum dates included - "DASH Style" dates, of course ... and consequently, already unfulfilled -. DAO hijackers believe that any manipulation is possible ... and that they will all be free. The "communal empathy" and "libertarian and decentralized motivation" of the beneficiaries of this deception, paying advertising in boxers of unknown fifth-class or a thousand equally ridiculous ways ... to finish it off with misappropriating common funds for their own benefit (while the aspiring DASH "accounts with return", many of them, I suppose, suffering savers from precarious economies have seen their "investment" drop from thousands of dollars to a few tens) is known by anyone minimally related to crypto by now ... whether it's DASH related or not. Community ? : Two or three hundred voters ... in the "Decentralized Blockchain Revolution".  The rest, smoke and mirrors of people "too intelligent". The puzzling measures to, theoretically, strengthen DASH as a store of value push more to think that what is announced is not their main motivation than to trust them for what they supposedly defend. To suspect that their objective is not the one announced ... but what is evident is centralization, rather than simply "following the leader" as stated in a previous post (and, in any case, that specific focuses have the capacity to consolidate decisions and / or narratives - just look at the treatment of the essential "bleach" DASH NEWS , today happily deceased and his worlds of candy, rainbow and of course festive Treasure... respect to the unacceptable delay of Evolution after dozens of interviews with people directly involved that seemed more like a party of comrades than an information tool on a crucial element of the project -). ------------------------------------ By the way, I have found Depp Blue's complaint about the famous Core rental: "They are spending 55k  for office space which has been proven to be empty on every occasion a trusted member of the Dash community has visited their office. DCG Ryan Taylor and Glenn Austin have not answered my inquiries to this issue -remaining silent. We should not tolerate this type of waste of resource and we most definitely should not tolerate silence to valid questions asked on their spending. The 5th amendment rights are not applicable in decentralized funding I'm afraid. If you get money from the network you are accountable to the network and silence is not an acceptable response to valid inquiries. We need to stand up to this type of behavior from DCG who are the biggest spenders of the treasury funds. " You cannot fix this attitude of those who are comfortably installed in such a situation without greater doses of decentralization. How many votes can these people have behind them, if they need them? (impossible to know, ok ... but without any good perspective if what you are looking for is logic to prevail, right?). I understand your points and I align with them, more or less, ok ... but the first thing to fix DASH is to decentralize it. There are things to improve, and space for improvement ... although less every day. But certainly not from within.
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