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

[LucD88]

...

+1 for that username!

[stan.distortion]

There seems to be no support for dash...  2MN and we go down to 0.003 :/

Good thing the MN count is rising then I'm surprised how solid the DRK/BTC rate is looking, many alts have broken away entirely. I'm more worried about the inevitable downside of this rise, not much depth on Dashs ask side and it'll dry up quickly, hopefully the MN count will stay as solid when that happens.

Ok, but do we know how many MN are controlled by exchange itself? If 60% of trade happens in Polionex, they can easily set up 50% in masternodes and just dump  the coins... Or am i paranoid?

I'd expect more fluctuations in that case but that's assuming speculators are smart enough to pull coins off an exchange after buying and that's not a safe assumption :/ It'd be smart for the exchanges to be running MNs but Polionex is only showing 14k on their ask depth and they'll be minting profits on fees atm so I wouldn't be surprised if they haven't gone to the trouble of setting up MNs to make an extra 10 Dash a day in revenue.

[Solarminer]

We see the BTC price going up, but the upside for DASH is exponentially better.  DASH is still up in fiat at $2.87/DASH. 

Assuming all mining/masternode rewards are cashed out, BTC needs to have $1.5 Million a day to be pumped in for the price to stay at $420.  DASH only needs $8,200/day to keep the price where it is at.  Even if 1% move from BTC to DASH, the DASH price will jump 3x.  Of course, miners can hold coins and price is more based on buyers interest.

[AzzAz]

Big waves @ stamp, 420 to 360 and up...

[Solarminer]

Speaking of moving users from BTC to DASH.  I was thinking we could address the bitcoin lack of nodes with an advertising campaign.  Would it be possible to run bitcoin nodes, but instead of just letting standard transactions go through it adds a transaction with a note?  Something like this.
DASH has Instantx - dashpay.io

Link for how to do it.  Maybe this isn't something a node can do without actually initiating a transaction.
http://bitcoin.stackexchange.com/questions/31972/how-to-add-additional-information-to-transaction

Or maybe add a banner to the bitcoin block explorers.  So those that keep checking if their transaction is confirmed will see DASH as the faster alternative.
Why wait 10 minutes for a block confirmation?  DASH has InstantX.

[italeffect]

There's no DASH left on Poloniex left to borrow to short. Someone needs to come in with a big buy and liquidate all those short positions.

[pille]

I hate the 12 confirmations for Dash deposits needed on Poloniex. Why?

[Sub-Ether]

I hate the 12 confirmations for Dash deposits needed on Poloniex. Why?

Forced parity with bitcoin in name of fairness?

3 confirmations * 10  = 30 min
12 confirmations * 2.5 =30 min

Damn it, I just got caught out trying to arbitrage an extra 5%, I bought back in at $400 then chased $420 at another exchange, bitcoin took soo long, that I missed the $420 top and had to sell at $385 in the panic dump, and now its gone back upto $396 

[qwizzie]

http://www.zerohedge.com/news/2015-11-03/bitcoin-surges-1-year-highs-100-china-capital-controls-august-lows

edit : oh darn, toknormal already referenced it.. oh well .. for those who overread his reference.

[volyova]

Hello. I have recently added "Dash" to my portfolio, and have bookmarked this thread. Good luck to all! V.

[qwizzie]

Hello. I have recently added "Dash" to my portfolio, and have bookmarked this thread. Good luck to all! V.

Welcome to our forum, if you are looking for more information about Dash or perhaps looking for guides to setup masternodes :

https://dashtalk.org/

[Solarminer]

I hate the 12 confirmations for Dash deposits needed on Poloniex. Why?

Forced parity with bitcoin in name of fairness?

3 confirmations * 10  = 30 min
12 confirmations * 2.5 =30 min

Damn it, I just got caught out trying to arbitrage an extra 5%, I bought back in at $400 then chased $420 at another exchange, bitcoin took soo long, that I missed the $420 top and had to sell at $385 in the panic dump, and now its gone back upto $396 

Bummer.  You probably need to have fiat and BTC on both exchanges for it to work.

[AzzAz]

Hello. I have recently added "Dash" to my portfolio, and have bookmarked this thread. Good luck to all! V.

Hello, welcome. Feel free to participate

[qwizzie]

Some handy information for newcomers  

Masternode Payment schedule :

per mined block :

45% goes to masternodes
45% goes to miners
10% goes to decentralised budget system

Number of masternodes 18th of januari 2015 : 2034



Number of masternodes 3th of november 2015 : 3308
https://dashninja.pl/masternodes.html



Masternode Geographic Loactions Worldwide  
(edit: the dashnodes site that provides that graph got offline so i can't provide an accurate map containing all 3308 masternodes)



Note : The dips in the graphs are related to Dash Updates (Masternode network updating)

Masternode current role :

The masternodes today have become even more important and also carry a lot more responsebility then before due to the
implementation of the decentralised budget system. The masternode owners essentially received voting power over
Dash's decentralised budget proposals.

Its a very flexible system where masternode owners can vote yes or no to any budget proposal to either get it accepted
or denied of blockchain funding. If a masternode owner first voted yes and it turns out the budget proposal does not work
as intended or is lacking results the masternode owner can then vote no and with enough no votes the budget proposal
disappears from the funded budget list.

https://www.dashwhale.org/budget
https://dashninja.pl/budgets.html

[coins101]

...

...

That looks pretty much centralized  

[qwizzie]

That looks pretty much centralized  

yeah i agree, thats why i'm all for colonizing our solar system and beyond...

Dash : Digital Intergalactic Cash 

[crowning]

Masternode Geographic Loactions Worldwide  
(edit: the dashnodes site that provides that graph got offline so i can't provide an accurate map containing all 3308 masternodes)

http://178.254.18.153/~pub/Dash/Masternodes_Map.html

[qwizzie]

Masternode Geographic Loactions Worldwide  
(edit: the dashnodes site that provides that graph got offline so i can't provide an accurate map containing all 3308 masternodes)

http://178.254.18.153/~pub/Dash/Masternodes_Map.html

cool, cool, cool !!

Thanks

edit : instant add to my favourites

[110110101]

Masternode Geographic Loactions Worldwide  
(edit: the dashnodes site that provides that graph got offline so i can't provide an accurate map containing all 3308 masternodes)

http://178.254.18.153/~pub/Dash/Masternodes_Map.html

Thanks for that info! Cool looking map indeed!
Funny how one node is located in the ocean outside of central Africa. Someone hosting a node on a ship?

[qwizzie]

Masternode Geographic Loactions Worldwide  
(edit: the dashnodes site that provides that graph got offline so i can't provide an accurate map containing all 3308 masternodes)

http://178.254.18.153/~pub/Dash/Masternodes_Map.html

Thanks for that info! Cool looking map indeed!
Funny how one node is located in the ocean outside of central Africa. Someone hosting a node on a ship?

I'm thinking... Atlantis ? Someone found it and started a masternode there ?