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

[kointrend]

Guys, it's very exciting to see numbers like .0197 popping up, but remember that slow and steady wins the race. Rebranding is huge. Very huge. But it will take years to build the solid base that BTC has built.

The good news is that we have LOTS of room to grow.

Yes and no on this,sure BTC is much bigger than Darkcoin right now,but we are not in 2011 where market was a niche. There's enought people in crypto to grab Dash to 100$+++ in less than 3 month.  1b market is very possible soonly. Probability is on our side

I think probabilities in that timeframe are slim but I could see it in 2016, especially if BTC starts a new bull trend. I can't rule out anything though because afterall, LTC went from about 45M in market cap to about 1.1B in the span of 5-6 weeks when BTC rallied to its ATH. Just understand you are talking close to 80% parity (not quite) for DASH to be a $1B mc with BTC at these levels--roughly $191/coin given current supply.

EDIT: I do think there will be a mass influx when DASH overtakes LTC. No other POW coin has occupied the second place spot to BTC and it will certainly be newsworthy.

Yep! And before of that we'll have another newsworthy to come: "Darkcoin, the first altcoin to pass his previous ATH"

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[bigrcanada]

Alright people.  I know everyone is fired up.... But alot of us old timers here don't want to see dash get pumped.  We don't want this.  We want is slow gradual increase in evaluation due to increased adoption.

Another thing we pride our selfs on is not running around trashing other coins or individuals (other then the famous 5 resident trolls).

Please be professional... I know it's hard at times with some of the characters here.   We have a great professional dev team... We should in turn behave in kind.  Thanks.

[wickedindabed]

https://i.imgflip.com/j9dfb.jpg

[infovortice2013]

woot touching 0.02, good rally lets see what happen rebranding day. amazing Dark vs new Dash

[iCEBREAKER]

I was aiming for ~3000 masternodes by mid 2016 based on an return-on-investment bond model. The masternode networks fundamentals are pretty similar to that of the bond market, ROI being comparable to expected interest rates. Currently the expected interest rate of the network appears to be about 16%, as our fundamentals strengthen I would expect that expected rate to actually fall allowing more masternodes onto the network (if people feel less risk in having a masternode, they'll accept less return).

http://www.azleg.state.az.us/FormatDocument.asp?inDoc=/ars/44/01731.htm&Title=44&DocType=ARS

I obviously think you understand the difference but I will answer only once for lurkers. In the case of Masternodes you don't pay anyone, like when you buy a bond where you loose control of your money and you no longer have it available for spending.  You actually just keep your own coins as a collateral to avoid Sybil attacks on the network. The coins never leave the ownership of the person and are never paid to anyone. You can always just sell them.

The payments Masternodes receive are received from the services they provide to the network. It is called Proof of Service, they continually proof the servers are online, with their ports open and providing said services, like instant transactions, privacy etc. These services are available to end users and they benefit from them. Providing those services, masternode operators have costs and earn a fee for the services rendered, exactly like miners.

I am sure you already understand all of this, so this is not intended as a response to you, but maybe it can be beneficial to others.

Thanks for the response.

But you are wrong.  You do pay someone for a Masternode.

Specifically, you pay The Darkcoin Foundation to buy their insta-mined coins.

1000 minimum.

And there is no use for the coins except for making more Masternodes.

Mary Kay, Herbalife and Amway may be a pyramid schemes, but the fact they provide actual products makes them (sort-of-mostly) legit in the eyes of the law.

Masternodes don't distribute make-up, diet pills, or soap; they just claim to create suspiciously high ROI based on nothing other than new participants joining the pyramid.

[Icebucket]

There is a saying in trading, "the market will give you a second chance", that chance occurred Jan 15. Im really happy that the market took it down that much be course that allowed more people a second chance. Be course the first boom was really abrupt, but look at the volume from the ATH it reached May 23 2014  and compare the volume to this rise. There is a real shortage of sellers in this market atm.

One more thing, BTC is down 50% from DRK ATH so we are really more close to 0.04 if you like the back to the future trilogy, This BTC peg is confusing to most people .... I know  

Is there some site that has DASH/USD chart ? That would make things easier for some people.

[oblox]

I also don't think people understand the attractiveness of having a perpetuity of cash flow from a masternode... you always hear of people wanting a money tree, well, this seems to be the closest thing to it (coupled with the fact that at any time, you can spend those generated coins as well as the original if you no longer want to run a mn). Life is all about taking risks. You get in the car to go to work, there's always a chance you get into an accident and die. Don't be the shortsighted people thinking that arguing over a few dimes in the price per BTC back in 2011-2012 was about getting a better entry point when in the grand scheme of things, it meant you might have missed out on one of the greatest rallies ever. If you're a believer in crypto, then there's a massive amount of upside from here, especially if you start looking at the global economies and abused monetary policies.

[s1gs3gv]

Here in civilization, we solve conflicts using our words.  That's why we are able to do stuff like go to the moon

w.t.f. Really ?

I think so called "modern civilisation" has killed, maimed and made homeless more people in 1 century than all previous civilisations known to man.

true, but we're just getting started … we'll be designing mutant soldiers soon … http://arstechnica.com/science/2015/03/new-dna-construct-can-set-off-a-mutagenic-chain-reaction/

[sangoku]

Here in civilization, we solve conflicts using our words.  That's why we are able to do stuff like go to the moon

w.t.f. Really ?

So called "modern civilisation" has killed, maimed and made homeless more people in 1 century than all previous civilisations known to man.

Yes, the advanced culture who-uses-words-to-solve-conflicts really went to the moon.  Although the brutish cavemen don't believe it, because they have no concept of science and progress.

Modern civilization has enabled a much higher global population to live longer, healthier, and happier lives than all previous civilizations known to man.

Take your self-hating neo-primitivist BS and shove it.  Fucking ingrate.  I swear, teenagers these days...   

https://www.youtube.com/watch?v=dOzAY38d4mI&t=2m41s

[qwizzie]

http://dcmagnates.com/darkcoin-continues-to-roll-hits-9-month-high/

[HinnomTX]

fuck you wincklevoss, fucking looser   They choose the wrong coin,doens't have a dime of vision  

For now, Cameron, for now.  We're coming for you too, Tyler.

[ddink7]

The crypto world is so bizarre. In any ordinary circumstance I'd be worried that the price has gone up too much too quickly and is due for a correction. Then there's the great crypto pump of Nov. 2013, or the original Darkcoin pump of May 2014. In both cases we saw values increase 20-50 fold in 4-6 weeks.

Sell some coins now and buy them back on the correction? Or sell some coins now and watch DASH shoot up to $30 per coin? Who the hell knows!

I think for the long-term holders, we are hoping for a more healthy, slow, gradual, steady increase. But I can say it's been an exciting few weeks!

P.S. I would like to point out one thing about masternodes that people tend to miss. Everybody is like "almost half the supply of DASH is locked up in MNs." That's true, but never forget that those DASH can be sold at any minute. Masternodes do not timelock the 1000 DASH, and if the price rises high enough, MN owners could always choose to sell some of those "locked away" coins.

[s1gs3gv]

the advanced culture who-uses-words-to-solve-conflicts

<snip>

Take your self-hating neo-primitivist BS and shove it.  Fucking ingrate.

where is HUH? when you need him ?

[Icebucket]

Why is Icebreaker still posting after being outed as one of the biggest scammers in crypto history dont get it. Your credibility is equal to a talking potato bud and everybody here knows it.

[CryptoChronic]

http://www.reddit.com/r/litecoin/comments/305d5t/its_replacing_you_all_as_we_speak/
Upvote

[s1gs3gv]

The crypto world is so bizarre. In any ordinary circumstance I'd be worried that the price has gone up too much too quickly and is due for a correction. Then there's the great crypto pump of Nov. 2013, or the original Darkcoin pump of May 2014. In both cases we saw values increase 20-50 fold in 4-6 weeks.

Sell some coins now and buy them back on the correction? Or sell some coins now and watch DASH shoot up to $30 per coin? Who the hell knows!

Indeed. Each of us needs to decide what level of risk/reward balance they are comfortable with.

[Scriptiee]

Dude, you're hilarious. I would really love to know what your problem is, and I know at least a dozen psychiatrists that would be interested too.

[alex-ru]

fuck you wincklevoss, fucking looser   They choose the wrong coin,doens't have a dime of vision  

Bitcoin's market cap is 135 times bigger than DASH's.

So with 0,4% of all Bitcoins it is possible to buy half of DASH supply (with theoretical current fixed prices).
For comparison, in the last day Bitcoin lost -8%

 

[drkman]

Funny.  Evan picked the name of the Kardashians clothing line.

http://www.shopdashonline.com/

[qwizzie]

Dude, you're hilarious. I would really love to know what your problem is, and I know at least a dozen psychiatrists that would be interested too.

his problem is that he got addicted to posting in this forum.