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

[MoneyJ]

Dash seem holding its ground. Not been at least affected by the bear market. But still 90% down from its all time high. Nevertheless still lucrative by way of masternodes.

[yurez]

Exactly!  DASH is up 20% on the day when everything else is dumping, is DASH about to be enabled on webull? 

https://www.tradingview.com/x/yH9KQ4ab/

What happened to DASH? Why is it rising? Any news?

Today I reviewed the news on the official Dash channels and found absolutely nothing that could cause such an increase. Since the price quickly returned back, this may indicate that it was a regular pumping and dumping.

[xkcdd]

Today I reviewed the news on the official Dash channels and found absolutely nothing that could cause such an increase. Since the price quickly returned back, this may indicate that it was a regular pumping and dumping.

Starting to look that way, the news was thought to be dash opening for trading on Webull, but I have not seen confirmation on that.

Today I reviewed the news on the official Dash channels and found absolutely nothing that could cause such an increase. Since the price quickly returned back, this may indicate that it was a regular pumping and dumping.

Starting to look that way, the news was thought to be dash opening for trading on Webull, but I have not seen confirmation on that.

The Webull news has been confirmed!  DASH continues to make integrations and solidify its use case as the best payment coin available.

Source:  https://twitter.com/StayDashy/status/1417544823934959621

[moderator's note: consecutive posts merged]

[spirits]

Armchair Expert with Dax Shepard - Mila Kunis & Ashton Kutcher

Looks like @aplusk and Mila Kunis are paying attention to #Dash! Augen Mention starting at 12:28 of today's episode of the
@ArmchairExpPod

Two things are not true, Dash is not a new coin and Dash is not Proof of Stake, it is Proof of Work with a second Proof of Service (POS) (Masternodes) layer.

https://twitter.com/Dash_Community/status/1417295215300423682
https://www.youtube.com/watch?v=wlM0D9Ly1J8

[xkcdd]

Join us for the DASH CORE GROUP Quarterly Call!
Learn more about DASH and how it is changing the payments industry forever !
https://youtu.be/5YPjIGy37Kg

[hd49728]

Join us for the DASH CORE GROUP Quarterly Call!
Learn more about DASH and how it is changing the payments industry forever !
https://youtu.be/5YPjIGy37Kg

I joined the livestream too late after it began more than 100 minutes. Anyway thanks for sharing and I will watch the whole livestream later. Now it is moving to Q&A section.

DASH rallied very strongly in recent days and this livestream with given information can help DASH to maintain its recovery.

Many masternode owners did not upgrade and total masternodes on DASH network are still low

http://178.254.23.111/~pub/Dash/Dash_Info.html

[xkcdd]

Many masternode owners did not upgrade and total masternodes on DASH network are still low

They are and realistically that number keeps going down over time as the network optimises ROI to be competitive enough to cover the risk of running a MN and currently that risk is being priced in at 6.8%.

[toknormal]

They are and realistically that number keeps going down over time as the network optimises ROI to be competitive enough to cover the risk of running a MN and currently that risk is being priced in at 6.8%.

6.8% isn't the return on investment, it's the staking yield.

ROI is a metric that can be compared across different assets and takes account of capital gain/loss. It can be negative even if staking yield is positive.

Anyone that invested above $138 is currently at negative ROI (net of rewards) even though they are receiving their 6.8% staking yield. Conversely, only people who invested at under $138 are currently at positive ROI.




Because we are a mined, non-defi coin with no on-chain sink, there is a point of diminishing returns (PODR) on ROI by sacrificing mining for masternode reward. (Because masternodes do not have to "buy" their supply in a bidding war whereas miners do, therefore at nodecount equilibrium masternodes become net sellers of the new supply en-masse, thereby undermining the capital gain element of the ROI).

We are way past that point of diminishing returns which is why we're way down the rankings.

I think the relationship between ROI, Staking Yield and reward ratio therefore looks something like this:



(Beyond the PODR, the inverse relationship between ROI and staking yield is even further consolidated by the net reduction in masternode holdings. That's what we're seeing now).


[moderator's note: consecutive posts merged]

[OcTradism]

right now the price is over 150$ and if i invest right now then my ROI will be negative. and i bought over 150$ and stake then all of sudden market will fall then i also in loss both yield and in investments. but long hold and stake could give me a great reward but only if crypto will boom in 2023

Why did you not think altcoins will have another season in this year?

This year or next year, it does not matter if you are investor. Ethereum has to spend more than three years from 2018 All time high to reclaim it and double it to make a new all time high.

DASH is suffered too much from attacks and regulations on privacy coins. We know regulations don't last forever and DASH will have its time some day to shine up. 

[aleix]

DashDirect Enables Crypto Payments for Everyday Purchases at 155,000 U.S. Stores
https://www.newsweek.com/dashdirect-enables-crypto-payments-everyday-purchases-155000-us-stores-1613270

Dash launches retail consumer app for shopping in stores across America
https://cointelegraph.com/news/dash-launches-retail-consumer-app-for-shopping-in-stores-across-america

Dash Launches Groundbreaking DashDirect Consumer App Allowing for the Dash Cryptocurrency to be Accepted at Over 155,000 Retail Locations
https://newsroom.dash.org/149116-dash-launches-groundbreaking-dashdirect-consumer-app-allowing-for-the-dash-cryptocurrency-to-be-accepted-at-over-155000-retail-locations

Dash launches payment app with seven times more vendor locations than Bitcoin
https://finance.yahoo.com/news/dash-launches-payment-app-seven-070738748.html


https://twitter.com/Dashpay/status/1420069125494300675

[xkcdd]

Introducing Wall St. to DASH, the finest crypto payments network in the world.  The new valkyrie DASH Trust (similar to GBTC) https://trusts.valkyrieinvest.com/ is now open for Wall St. come in and join in on the action!  Thanks to the hard work of the DIF https://dashinvests.org/ the DASH network was able to secure its own trust and buy some equity in this innovative fin. serv. company that is set to challenge Silbert's Grayscale offering.

As you can tell I am pretty excited about this offering.  DASH in the just the past few weeks has delivered the following integrations.

• Webull integration to 750k daily traders.
• CrayPay's DASHDirect! accessing 155k existing merchants across America!
• valkyrie DASH Trust - Bringing DASH to Wall St.

[toknormal]

the finest crypto payments network in the world.

It was the "finest" crypto payments network while it was a "better bitcoin". i.e. support bitcoin's level of mining protocol while decoupling a service layer.

That would have given Dash a huge advantage in BOTH store of value terms AND in network service terms because the whole point of the Dash protocol is that you don't have to compromise one for the other.

Instead we went the other way and are now simply gifting half the coin supply to existing holders with no resulting monetary benefit. We are not benefiting from being commodity money as our market counterparts are (since you need 100% mining for that) nor are we benefiting from being a prolific retail payments platform (since you need to be a zero-mined stable coin for that).

Dash's unique opportunity was distributing scarcity as a payments medium.

That was the whole point of decoupling the service layer from the mining protocol -  to allow the mining layer to operate slowly and competitively. If you don't care about mining and only about payments then invest in the shares that back a stable coins such as Waves (Or why not Visa, which works fine. Faster than Dash. More merchants than Dash. More ubiquitous than Dash). Dash was about transmitting decentralised scaecity between people as easily as modern money. That means making the asset SCARCE as well as versatile and the only form of scarcity in electronic domains is allowing buyers compete for the primary supply which means......MINING.

So we are currently floundering around directionless, barely able to stay in the top 60.

There is no route back to competitiveness other than reflating our mining quota because we don't need to compromise services for that whereas all other mined coins do. At least 20 assets in the top 50 can out-do us by multiples on features. The only thing that Dash can NOT be outdone on is a highly scarce commodity asset combined with services.

[Otoh]

oh, fluffypony finally getting his karma for attacking & trolling the DASH project when I was the largest hodler, enjoy Robben Island mate 

https://cointelegraph.com/news/monero-s-former-maintainer-arrested-in-u-s-for-allegations-unrelated-to-cryptocurrency

[aleix]

[xkcdd]

This chart means nothing, a better one can be found on this website. https://mnowatch.org/dash-stats/

[toknormal]

but dash is a privacy coin this is the only thing that stop its price from increasing.

Monero is also a "privacy coin". At one point it was only 1/5th of Dash's marketcap. More regularly 1/3rd.

Being a "privacy coin" didn't seem to cause it any problems in growing to what it is now = nearly 3x Dash marketcap. They also do not have an on-chain governance system, nor instant transactions, nor chainlocks nor a high performance decentralised services layer. In fact they don't even have a capped supply.

They do however refrain from having the protocol set the opening price of half their supply to $zero dollars and donating it to a tiny bunch of existing hodlers.

[aleix]

Valkyrie Launches a Dash Trust That Includes Staking
https://www.coindesk.com/valkyrie-launches-a-dash-trust-that-includes-staking

Valkyrie Investments announces launch of the Valkyrie Dash Trust
https://newsroom.dash.org/150242-valkyrie-investments-announces-launch-of-the-valkyrie-dash-trust

[bigrcanada1]

the finest crypto payments network in the world.

Full Time DASH Troll.

Well...seems like we don't need monero dick heads here anymore to troll DASH...we have our own.  No one gives a rats shit about your proposition.   Watch as this project takes off and your left in ancient history.


The fact remains is Tok doesn't respect the vote of the majority, like myself that voted for the change. Tok wants to be Over Lord and the sole view of DASH.  Here's an update bro, we are going to push to lower mining rewards even lower and we'll probably eventually have that change.  So if I were you...I'd pack up and move on to another project you agree with. I know that sure to Trigger you!

[moderator's note: consecutive posts merged]

[toknormal]

Watch as this project takes off and your left in ancient history.

Really ?

I wonder on what basis you make that claim. More of the same ? I hope not because we've looked on for a year and a half now as Dash has lost out to every last one of its fully mined contemporaries. We've also seen the nodecount decouple from its long term projection and exhibit a chronic decline over that period. We dropped out of the top 30 rankings, then 40 then 50. Any marketcap growth we've scraped up has been proxying for bitcoin - piggy back style.

In other words exactly the reverse of the intended outcome of our "store of value" protocol measures who's re-appraisal you're so comfortable with dismissing. (And exactly as I predicted over a year ago).

Against that background, I admire your faith but be reminded that that's all it is..."blind faith".

[xkcdd]

We've also seen the nodecount decouple from its long term projection and exhibit a chronic decline over that period.

Tok, I've asked around about that trendline and no one has the same recollection as I do.  I seem to remember Evan saying that for some reason the node count in the network would maintain that percentage of the supply, I believe it was 60% forever, because of some reason, do you recall where that silly trendline came from the faulty reasoning behind it?