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

[toknormal]

so you assert that the best way to test your theory is to exclude that part of the data which doesn't support it ?

  ~LOL~

No. I didn't do that.

Read the theory again.

[BiteMyShinyMetalAss]

....i.e. either side of the bitcoin rise.

so you assert that the best way to test your theory is to exclude that part of the data which doesn't support it ?

  ~LOL~

Destruction of capital does not support theory? Thery says when bitcoin raises, so does altcoin, additionally altcoin raises againts the bitcoin. Same goes true the other way round. So destruction of capital is not excluded what so ever... There is no destruction of capital, when bitcoin raises...

[tungfa]

Dash
Development Tools and Process Standardization Update
Ready !
 
JIRA - an industry leading tool - will be used for assisting the development and quality assurance by organizing to-dos and prioritizing issues. It will also be open up to the public so the community can easily help in bug testing/reporting.
JIRA Service Desk addon will handle community submissions to the teams working on Dash, whether they be bugs, ideas, or suggestions.
Confluence will be used for both internal and external documentation, with the intention of improving overall project documentation, and having a central place where community members can find information.
Confluence Questions will be used as a place where community members can ask and answer questions about Dash. It's like a community maintained FAQ, where both team and community members can contribute by answering the questions raised. Combined with the superb search functionality of Confluence this tool can be used as the central place for distributed knowledge related to Dash.
Bamboo will be used by the development team for automated tests and builds
Wiki
The entire platform is professionally hosted by Atlassian with multiple administrators on the team to provide redundancy

https://dashpay.atlassian.net

Tx to the team !!

[s1gs3gv]

so you assert that the best way to test your theory is to exclude that part of the data which doesn't support it ?

  ~LOL~

No. I didn't do that.

There have been ~ 750000 new bitcoins introduced into circulation since Nov. 2014. Unless you can demonstrate that miners are sitting on all these coins, they represent influx of new fiat into the bitcoin economy. BTC prices have subsequently fallen.

Please try harder toknormal. People obviously look to you for encouragement

[tungfa]

v12 TestNet !
https://dashtalk.org/threads/v12-testing-thread.5484/page-3#post-57026

 

[fernando]

I just published the first is a series of articles about Dash in a Spanish speaking Bitcoin site. This one is about what masternodes are and why they are so important. I would translate, but if feels very weird. Anyway, Google Translate does a decent job for those who don't speak Spanish.

Masternodes de Dash. Usos de los pilares de una red descentralizada



http://sobrebitcoin.com/masternodes-dash-usos-pilares-red-descentralizada/

[toknormal]

There have been ~ 750000 new bitcoins introduced into circulation since Nov...

ok, let me spell it out, cos I think you're trying to solve a completely different problem from me.

In the sense that all altcoins - with very few exceptions - are priced in BTC, that gives them a reserve value against fiat which is determined by Bitcoin's fiat value.

In other words, if Dash is at 0.012BTC and bitcoin rises 20% against fiat, Dash (Ltc, PPC and the rest) will also rise 20% against fiat without any market movements in altcoins needing to take place.

If there is an influx into crypto - like, say over 5 years bitcoin moves from $250 to $5000 per bitcoin, the question is, what is the net effect of diversification ?

The answer is that alts gain a premium from this because the bitcoin that changes hands does not end up back in fiat markets and therefore does not adversly impact the reserve element fof of the altcoin's price. It does, however increase the alt / btc ratio.

That doesn't mean to say that alts can't devalue against bitcion for other reasons - pure speculative trading against bitcoin - but for a given, new influx of fiat into bitcoin and no change in the alt's speculative trading value against bitcoin, it will gain a premium as long as there is a finite level of diversification by new holders (which there always is).

Clearly, if capital flows out of bitcoin it all goes into reverse, but we're intersted in long term projections - is it worth holding a reasonable alt over a time period where bitcoin capitalises by multiples. The last year is irrelevant data because bitcoin lost 80% of its marketcap. We want to know what happens when it gains (as is expected/hoped over the next several years).

[Minotaur26]

Dash
Development Tools and Process Standardization Update
Ready !
 
JIRA - an industry leading tool - will be used for assisting the development and quality assurance by organizing to-dos and prioritizing issues. It will also be open up to the public so the community can easily help in bug testing/reporting.
JIRA Service Desk addon will handle community submissions to the teams working on Dash, whether they be bugs, ideas, or suggestions.
Confluence will be used for both internal and external documentation, with the intention of improving overall project documentation, and having a central place where community members can find information.
Confluence Questions will be used as a place where community members can ask and answer questions about Dash. It's like a community maintained FAQ, where both team and community members can contribute by answering the questions raised. Combined with the superb search functionality of Confluence this tool can be used as the central place for distributed knowledge related to Dash.
Bamboo will be used by the development team for automated tests and builds
Wiki
The entire platform is professionally hosted by Atlassian with multiple administrators on the team to provide redundancy

https://dashpay.atlassian.net

Tx to the team !!

This is a great step forward and it can easily be overlooked. Thanks to the whole project management team I will try to contribute to the Community FAQ and the wiki. We should curate a very professional knowledge base for new interested parties, be that developers, investors, users, etc.  It is amazing to see so much progress in so little time.

[_javi_]

I just published the first is a series of articles about Dash in a Spanish speaking Bitcoin site. This one is about what masternodes are and why they are so important. I would translate, but if feels very weird. Anyway, Google Translate does a decent job for those who don't speak Spanish.

Masternodes de Dash. Usos de los pilares de una red descentralizada



http://sobrebitcoin.com/masternodes-dash-usos-pilares-red-descentralizada/

good one, Fernando.
already liked the facebook post on BTC Argentina group

[tungfa]

I just published the first is a series of articles about Dash in a Spanish speaking Bitcoin site. This one is about what masternodes are and why they are so important. I would translate, but if feels very weird. Anyway, Google Translate does a decent job for those who don't speak Spanish.

Masternodes de Dash. Usos de los pilares de una red descentralizada


http://sobrebitcoin.com/masternodes-dash-usos-pilares-red-descentralizada/

good one, Fernando.
already liked the facebook post on BTC Argentina group

Very cool
Gracias
i posted this around as well !

Edit:
https://bitcointalk.org/index.php?topic=1092231.0

[s1gs3gv]

There have been ~ 750000 new bitcoins introduced into circulation since Nov...

ok, let me spell it out, cos I think you're trying to solve a completely different problem from me.

In the sense that all altcoins - with very few exceptions - are priced in BTC, that gives them a reserve value against fiat which is determined by Bitcoin's fiat value.

In other words, if Dash is at 0.012BTC and bitcoin rises 20% against fiat, Dash (Ltc, PPC and the rest) will also rise 20% against fiat without any market movements in altcoins needing to take place.

If there is an influx into crypto - like, say over 5 years bitcoin moves from $250 to $5000 per bitcoin, the question is, what is the net effect of diversification ?

The answer is that alts gain a premium from this because the bitcoin that changes hands does not end up back in fiat markets and therefore does not adversly impact the reserve element fof of the altcoin's price. It does, however increase the alt / btc ratio.

That doesn't mean to say that alts can't devalue against bitcion for other reasons - pure speculative trading against bitcoin - but for a given, new influx of fiat into bitcoin and no change in the alt's speculative trading value against bitcoin, it will gain a premium as long as there is a finite level of diversification by new holders (which there always is).

Clearly, if capital flows out of bitcoin it all goes into reverse, but we're intersted in long term projections - is it worth holding a reasonable alt over a time period where bitcoin capitalises by multiples. The last year is irrelevant data because bitcoin lost 80% of its marketcap. We want to know what happens when it gains (as is expected/hoped over the next several years).

So to summarize then, if 1 DASH is worth .012BTC , and the value of BTC measured in fiat goes up, then the value of DASH measured in fiat goes up, providing the value of DASH measured in BTC stays constant. ~LOL~

Your theory is suddenly looking like a simplistic tautology and doesn't help us predict the value of DASH in fiat in the future.

[BrainShutdown]

Here we go 

http://www.zerohedge.com/news/2015-06-17/greek-debt-committee-just-declared-all-debt-illegal-illegitimate-and-odious

[klintay]

Here we go 

http://www.zerohedge.com/news/2015-06-17/greek-debt-committee-just-declared-all-debt-illegal-illegitimate-and-odious

How is it posible, that every country in the world is in debt?

You have the banker wankers to thank for that! 

That's why it is so important what we are doing here with crypto today...its time to take the power back!

[BiteMyShinyMetalAss]

Here we go  

http://www.zerohedge.com/news/2015-06-17/greek-debt-committee-just-declared-all-debt-illegal-illegitimate-and-odious

How is it posible, that every country in the world is in debt?

You have the banker wankers to thank for that!  

That's why it is so important what we are doing here with crypto today...its time to take the power back!

and it is unfair and illegal, for someone to pritn money out of thin air and for the other party to pay for it with blood and sweat!  but wait, Greece does not want cryptocurrency due it cointaining a deflatory nature... What???

[klintay]

Here we go  

http://www.zerohedge.com/news/2015-06-17/greek-debt-committee-just-declared-all-debt-illegal-illegitimate-and-odious

How is it posible, that every country in the world is in debt?

You have the banker wankers to thank for that!  

That's why it is so important what we are doing here with crypto today...its time to take the power back!

and it is unfair and illegal, for someone to pritn money out of thin air and for the other party to pay for it with blood and sweat!  but wait, Greece does not want cryptocurrency due it cointaining a deflatory nature... What???

yeah it is complicated...i am no economist but a bit of inflation is good because it is increases liquidity which promotes economic growth. That is why they are always targeting 2-3% inflation during a recession. sad thing is that bitcoin is dropping its pants as fast as it can to get into bed with the scumbags who have created this crisis. oh well...btc will be the Trojan we get into the system... then we will open it up and eat them alive

[Minotaur26]

Development Tools and Process Standardization Update

https://dashtalk.org/threads/development-tools-and-process-standardization-update.5488/#post-57034

Don't forget to pay a visit and get familiar with the tools, so you can participate by reporting bugs or giving ideas on Jira or help with the Wiki.  Thanks to the project management team for their hard work, Balu, kot, babbygiraffe and everyone involved.

[GhostPlayer]

 Spanish Voice Over artists needed!

 Si hay alguien a quien le gustaría ser una estrella internacional, aplaudido(a) en vários países y continentes, incluso sistemas solares más allá del nuestro...  pues venga! *cof cof*

Te necesitamos!  

 No hace falta que suenes sexy ni nada      No hace falta experiencia. Basta la voluntad de contribuir al proyecto. El único requisito es que tengas un micrófono (algo como un auricular skype/iphone etc) - nosotros te ayudamos a realizarlo.

 Necesitamos de una voz para algunos videos tutoriales sobre Dash.

 Venga, ayúdanos a conectar con todo el mundo latino!

https://dashtalk.org/threads/voiceover-spanish-for-dash-video-guides.5463/

[toknormal]

Your theory is suddenly looking like a simplistic tautology and doesn't help us predict the value of DASH in fiat in the future.

There's nothing "sudden" about it. If you care to look back a post I used the word "net effect". If you want to interpret that as "tautology" then fair enough. I just call it "net effect of diversification" which is one amongst many perspectives with which to assess the future of the market.

The significance of that analysis is that 18 months ago there was some genuine ambiguity surrounding the debate over bitcoin's susceptibility to being superseded by some technically superior alt coin.

Now that debate has a whole new set of priorities because hundreds of technologically viable candidates have since come and gone without significantly challenging it commercially. So the argument logically moves to the long term viability of an altcoin economy since the short term one was significantly based around prospects of a "decapitation".

Dash is currently sitting at 0.3% of Bitcoin's marketcap. That is a tiny proportion. So if there's a future for alts at all, it's reasonable to assume that it can improve on this given that it's practically the only functionally diversified cryptocurrency network going. One who's approach has been endorsed through successfully achieving all kinds of early design objectives and giving rise to many new ones. Capturing a mere 3%, for example, of Bitcoin's cap would be a 10-fold increase from here, even if you discount the prospect of chunking out genuine mainstream markets due to Dash's technological compatibility with bitcoin.

So the logical questions that present themselves in that respect would seem to be:

(a) why would anyone invest in alt currencies anyway ?

(b) what is the net effect on alt currencies of a massive increase in Bitcoin's marketcap+a small amount of diversifictaion ?

The answer to (a) is of course speculative, but two points at least don't seem unreasonable to me: 1. hedging 2. market sectors where bitcoin is uncompetitive. Make no mistake, if Bitcoin really goes mainstream in a few years, there will be huge areas it simply won't touch. Blockchain transactions will be expensive because all the commercial and retail traffic will be carried by payment channels. Likeways with anonymous transactions, which will probably be viable if you're transferring 5 figure sums but not small amounts.

Dash is one of the most mutually exclusive technologies there is relative to bitcoin (while still remaining technologically compatible) and whatever criticisms are made about its approach it remains one of the few (only ?) genuine compatible alternatives that works and is consolidating:

• it has native mixing while remaining a fully transparent public blockchain: Bitcoin will never support that

• it has native accelarated blockchain confirmations: Bitcoin is unlikely ever to have that

• it has a native, non-blocksize based true scaleability proposal on the cards: Bitcion will definitely not have that

• it has a self-sustaining decentralized business model for sustaining both inherent network services and 3rd party development services on a long term basis: Bitcoin will probably have the latter eventually due to its commercial ubiquity, but they will be proprietary to a large extent

Finally, the answer to (b) is academic and described in my previous posts - i.e. "tautology" in your terminology  

P.S. One last thing

Don't forget that the developer of this coin originally 'bet' on bitcoin being "the one". He didn't take the minority tech route. So what's happening now in the markets and in the commercial landscape is a vindication of that policy, not a threat to it. IMO, Dash could not be better placed right now to take advantage of both it's own unique technological potential and bitcoin's rising dominance in the commercial realm.

[Minotaur26]

Development Update

v12 Testing Has Begun! Come help out if you can

https://dashtalk.org/threads/v12-testing-thread.5484/

[s1gs3gv]

Your theory is suddenly looking like a simplistic tautology and doesn't help us predict the value of DASH in fiat in the future.

There's nothing "sudden" about it.

tautological theory of altcoin valuation => .012n/n == .012

Please apply your theory and tell us the USD value of 1 DASH on Sept. 1, 2015