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

[s1gs3gv]

Wall just appeared at 172

Hi Jiggy...which exchange are you viewing?

bid 3000 @ .01721750 @ cryptsy, now gone - got hit for ~ 600 then pulled it IIRC

[jiggytom]

Wall just appeared at 172

Hi Jiggy...which exchange are you viewing?

Looking at cryptsy. It was 3k Drk.. Someone sold into it a little and it looks like most of it was pulled.  Unless this is just botwork.

[Kienbui]

if monero is god of security and anonymity and have best developers so, why come here and say bullshit?
come to monero topic and collapsed monero on your ass and save this god of cryptocoin for ever.

Good questioning!

[bigrcanada]

Wall just appeared at 172

Hi Jiggy...which exchange are you viewing?

bid 3000 @ .01721750 @ cryptsy, now gone

holy smokes...thats fairly sizable chunk! Did it get filled?

[BiteMyShinyMetalAss]

Wall just appeared at 172

Hi Jiggy...which exchange are you viewing?

Looking at cryptsy. It was 3k Drk.. Someone sold into it a little and it looks like most of it was pulled.  Unless this is just botwork.

3k is not a wall...

[VeritasSapere]

I still like the name Darkcoin more. If someone forks Dash and calls it Darkcoin i would buy into that.

Then you really have no clue about investing in valuable assets. You buy the product not the name...but I am afraid you have no idea what I just wrote

Then you really have no clue about humor in valuable assets. I will continue to hold Dash even though I do not like the name lol.

[bluebit25]

Coins are constantly siphoned off for new masternodes and considering there are only about 2880 coins minted per day, and 1154 goto masternode holders who probably hold onto theirs to build more nodes, this only leaves 1728 per day spare.
http://178.254.18.153/~pub/masternode_count.png
So using Crowning's masternode data and selecting 2 points that fullfil recent gradient trend lines we have:

7th February = 2100 nodes
21st March = 2400 nodes

Time interval =42 days

So, nodes per day coming online = 300 / 42 = 7.143 masternodes
Coins needed for new nodes = 7143 Dash

subtracting the total coin mint per day to offset,
7143 - 2880 = 4266 coins required per day fresh into the market to maintain current masternode climb rate,

Conclusions

1) This is an unsustainable climb, at some point all the reclusive coins must be used up for new nodes
2) when the coins are used up, the incremental node gradient will taper off and masternodes will be harder to acquire due to shortage.

Speculations
When there is a shortage to further increase the masternode count, there will a 'Dash' run on the last few thousand available from bag holders resulting in a wild frenzy for whats left before the miners and node holders have almost complete control of any new coins to the market.

Yea, but 1 thing you left out. The price per Dash. As the price rises, it costs more to buy Dash. So if the masternode operators want to buy more Dash they would be increasing the price per Dash.

[alex-ru]

I still like the name Darkcoin more. If someone forks Dash and calls it Darkcoin i would buy into that.

How much are you ready to "invest"?
May be I will make a fork for you...
It will be a problem with calling it "darkcoin" (copyright problems). But I guess "mycooldarkcoin"  will be perfect for you?

[TheDasher]

I still like the name Darkcoin more. If someone forks Dash and calls it Darkcoin i would buy into that.

How much are you ready to "invest"?
May be I will make a fork for you...
It will be a problem with calling it "darkcoin" (copyright problems). But I guess "mycooldarkcoin"  will be perfect for you?

Whatever you guys will call it, DRK, DASH its still a CENTRALIZED INSTAMINED SCAM.  Run by the almighty DEV Evan.

[bluebit25]

Is there a graph showing masternode count from the beginning till now?

[VeritasSapere]

I still like the name Darkcoin more. If someone forks Dash and calls it Darkcoin i would buy into that.

How much are you ready to "invest"?
May be I will make a fork for you...
It will be a problem with calling it "darkcoin" (copyright problems). But I guess "mycooldarkcoin"  will be perfect for you?

I would probably not invest enough myself to make it worth your while. Though the name would have to be Darkcoin for me to invest, since that is the best name for an anonymous cryptocurrency after all.

[toknormal]

I still like the name Darkcoin more. If someone forks Dash and calls it Darkcoin i would buy into that.

Then you really have no clue about investing in valuable assets. You buy the product not the name...but I am afraid you have no idea what I just wrote

Then you really have no clue about humor in valuable assets. I will continue to hold Dash even though I do not like the name lol.

+1. I think VeritasSapere was making a light hearted observation.

All the trolling of late has everyone on a hair trigger.

[Sub-Ether]

Wow!!! just withdrew some from bitfinex and it took less than 1 minute in total, that is a record by far. There was no pending at all, it just went straight to a single POW. 

[oblox]

I'm just here for the lulz.

[Jesse Livermore]

Coins are constantly siphoned off for new masternodes and considering there are only about 2880 coins minted per day, and 1154 goto masternode holders who probably hold onto theirs to build more nodes, this only leaves 1728 per day spare.
http://178.254.18.153/~pub/masternode_count.png
So using Crowning's masternode data and selecting 2 points that fullfil recent gradient trend lines we have:

7th February = 2100 nodes
21st March = 2400 nodes

Time interval =42 days

So, nodes per day coming online = 300 / 42 = 7.143 masternodes
Coins needed for new nodes = 7143 Dash

subtracting the total coin mint per day to offset,
7143 - 2880 = 4266 coins required per day fresh into the market to maintain current masternode climb rate,

Conclusions

1) This is an unsustainable climb, at some point all the reclusive coins must be used up for new nodes
2) when the coins are used up, the incremental node gradient will taper off and masternodes will be harder to acquire due to shortage.

Speculations
When there is a shortage to further increase the masternode count, there will a 'Dash' run on the last few thousand available from bag holders resulting in a wild frenzy for whats left before the miners and node holders have almost complete control of any new coins to the market.

Very interesting but how much of this was due to Otoh?

Also I suspect as price increases due to coin shortage you'll start to see mn's decrease as some sellout and take profits.
As far as I see it this is pretty much the main 'killer' hypothetical situation with Dash which could allow the NSA to deanonymize transactions, ie the NSA could continuously buy up coins, regardless of price, until enough masternode owners cash out (rich as f*ck) and the NSA then makes up the vast majority of mn's.

JL

[bigrcanada]

Wall just appeared at 172

Hi Jiggy...which exchange are you viewing?

Looking at cryptsy. It was 3k Drk.. Someone sold into it a little and it looks like most of it was pulled.  Unless this is just botwork.

3k is not a wall...

True...$12,000USD is not sizable in the big picture....I think at this level now is probably has to be upwards of 50K USD to start a wall formation.  Good point.

[TheDasher]

Is there a graph showing masternode count from the beginning till now?

The MadoffPonziNodes will keep increasing in number until all supply of coins is drained from the market.  This is great for a currencies liquidity isn't it?

[xxxgoodgirls]

Is there a graph showing masternode count from the beginning till now?

You can draw a graph from this list

MN deployed
1      may
2      june
24    july
54    aug
101  sept
72    oct
121  nov
496  dec 2014
347  jan
205  feb
109  mar

[Sub-Ether]

Coins are constantly siphoned off for new masternodes and considering there are only about 2880 coins minted per day, and 1154 goto masternode holders who probably hold onto theirs to build more nodes, this only leaves 1728 per day spare.
http://178.254.18.153/~pub/masternode_count.png
So using Crowning's masternode data and selecting 2 points that fullfil recent gradient trend lines we have:

7th February = 2100 nodes
21st March = 2400 nodes

Time interval =42 days

So, nodes per day coming online = 300 / 42 = 7.143 masternodes
Coins needed for new nodes = 7143 Dash

subtracting the total coin mint per day to offset,
7143 - 2880 = 4266 coins required per day fresh into the market to maintain current masternode climb rate,

Conclusions

1) This is an unsustainable climb, at some point all the reclusive coins must be used up for new nodes
2) when the coins are used up, the incremental node gradient will taper off and masternodes will be harder to acquire due to shortage.

Speculations
When there is a shortage to further increase the masternode count, there will a 'Dash' run on the last few thousand available from bag holders resulting in a wild frenzy for whats left before the miners and node holders have almost complete control of any new coins to the market.

Very interesting but how much of this was due to Otoh?

Also I suspect as price increases due to coin shortage you'll start to see mn's decrease as some sellout and take profits.
As far as I see it this is pretty much the main 'killer' hypothetical situation with Dash which could allow the NSA to deanonymize transactions, ie the NSA could continuously buy up coins, regardless of price, until enough masternode owners cash out (rich as f*ck) and the NSA then makes up the vast majority of mn's.

JL

the slope has maintained this gradient for over 3 months, so thats about 642 new masternodes, I doubt even Otoh is that bigger whale!!

[toknormal]

...allow the NSA to deanonymize transactions, ie the NSA could continuously buy up coins, regardless of price, until enough masternode owners cash out (rich as f*ck) and the NSA then makes up the vast majority of mn's.

JL

Why would they bother to run nodes ? That would just be providing service to the network.

For that matter, why wouldn't they just buy up the entire coin supply of any crypto including bitcoin and take it off the market  if it's only a question of having limitless budget ?