Bridgewater
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 01:32:57 AM |
|
Cool article. Nice promotion for Dash in it, too! I think the only way they'll ever talk about cryptocurrency in that show is in a negative light, unfortunately. ***potential spoiler warning*** Almost every single show on TV today is pushing a socialistic agenda, and this show is certainly no different. The show creators do not want to risk exposing viewers to the harsh reality that significant endeavors can only be achieved through proper organization with leadership, infrastructure, and of course money. The so-called "A-ist" groups are usually portrayed on TV as impotent whiners who never actually succeed on their own at anything large-scale because they cannot do so without compromizing the integrity of their cause; the minute they start rallying behind a strong leader and getting funds together to purchase resources, they instantly transform into either "T-ists" or "C-ists" which are both bad guys. Since the anarchists are the altruistic protagonists of the show, they have to portray all capitalistic tendancies as "selling out" or compromising their principles. So Elliot's large-scale "help" (funding) only comes magically from an unknown Chinese group with unlimited resources, which of course has no agenda but anarchy, too. Socialistic agenda, psychobabble, drug glamorization, gratutitous homo stuff and mind-f*ckery aside, the show is certainly "edgy" and suspenseful, which does make for an entertaining (yet sickening) watch. It also has probably the most up-to-date technical consultants of any show out in existence (they name-drop pretty much every privacy or hacking thing you've heard about in recent years). I have no doubt they'll talk about crypto next season, but like i said, it won't be in a positive light, since crypto represents capitalistic ideals which I think run contrary to the show's intent.
|
|
|
|
Bridgewater
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 01:40:30 AM |
|
I think I may have come across that article before, but reading it again was well worth it -- it's spot-on about pretty much everything! Thanks a lot for sharing.
|
|
|
|
stealth923
Legendary
Offline
Activity: 1036
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 01:45:02 AM |
|
3381 Masternodes, new ATH......can we hit 3500 before the end of the year.....I think so!
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 02:29:53 AM |
|
3381 Masternodes, new ATH......can we hit 3500 before the end of the year.....I think so!
What is the point of essentially locking up the dash supply in masternodes? Side effect is price stays higher than if all coins were not locked up by masternodes system. Higher masternode count means what? If price of dash goes up then you create a bigger barrier to entry for new people. Currently there is a barrier to entry to participate with 1000 dash per masternode. Essentially a large holder of dash gets more masternodes in the long run with more payments than other smaller owners. Is this a case of the rich get richer? All honest questions. If my asking questions is trolling then perhaps another word needs to be used for actual trolling.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 02:51:20 AM |
|
3381 Masternodes, new ATH......can we hit 3500 before the end of the year.....I think so!
What is the point of essentially locking up the dash supply in masternodes? Side effect is price stays higher than if all coins were not locked up by masternodes system. Higher masternode count means what? If price of dash goes up then you create a bigger barrier to entry for new people. Currently there is a barrier to entry to participate with 1000 dash per masternode. Essentially a large holder of dash gets more masternodes in the long run with more payments than other smaller owners. Is this a case of the rich get richer? All honest questions. If my asking questions is trolling then perhaps another word needs to be used for actual trolling. Youre not trolling. Yes the rich get richer. Just like people that can afford massive mining farms. early adopter get rewarded, just like what happend to bitcoin holder who bought at early days...
|
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
|
|
|
Lebubar
Legendary
Offline
Activity: 1288
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 03:00:27 AM |
|
Rich get richer? Hmm, is this a new concept, created by Dash? Weird never saw this elsewhere... You are not a troll? Maybe, so you are just stupid. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
|
|
|
|
illodin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 07:35:11 AM |
|
Higher masternode count means what?
It means there is more active investment and support than if the count was lower. It means the system can scale to higher tx/s when the Evolution is deployed. It means the system is safer and more secure than if the count was lower. If price of dash goes up then you create a bigger barrier to entry for new people.
Usually people should buy when the price is low, but I don't give financial advice so scratch that. Instead I'll mention that if the price gets high and the network needs even more scaling, the requirement could be dropped to 500 in order to get more nodes online to achieve higher tx/s capacity. Currently there is a barrier to entry to participate with 1000 dash per masternode.
Yes, otherwise someone could launch million nodes for free making it impossible to keep paying a % of the block reward to the masternodes. And if the masternodes won't get paid, there would probably be 20 full nodes in the world. You can see this being the case with every existing coin. People can also pool their monies together to run a node, and that is already being done. Is this a case of the rich get richer?
Please show me an investment / speculative asset where the rich don't get richer but the poor instead and I'll buy that.
|
|
|
|
MasterMined710
Legendary
Offline
Activity: 1182
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 07:45:41 AM |
|
3381 Masternodes, new ATH......can we hit 3500 before the end of the year.....I think so!
What is the point of essentially locking up the dash supply in masternodes?
the coins are not locked up and can be sold at anytime just as easy as a normal wallet transaction. Higher masternode count means what?
more masternodes, less volatility. If price of dash goes up then you create a bigger barrier to entry for new people.
Currently there is a barrier to entry to participate with 1000 dash per masternode.
multiple people can share a node through trusted services and when the price goes up this will happen more and more. Essentially a large holder of dash gets more masternodes in the long run with more payments than other smaller owners.
Is this a case of the rich get richer?
yeah it's called capitalism. large mining farms get more coins than smaller ones, pretty cool huh. All honest questions.
If my asking questions is trolling then perhaps another word needs to be used for actual trolling.
you were trolling with those questions but that's cool because we love the bumps. it was getting slow here so i took you off ignore to reply and bump the thread. please respond with more concern trolling so we can keep this thread bumped. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 08:31:30 AM |
|
What is the point of essentially locking up the dash supply in masternodes? What is the point of essentially "locking up" the coins in your wallet when it could be providing a service to the network and earning you a return ? Hell - either put them to work or put them on an exchange orderbook but let them 'breathe' man ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFHpA2WH.png&t=665&c=owpj-PhLjdmLPQ)
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 08:36:06 AM |
|
If price of dash goes up then you create a bigger barrier to entry for new people. Actually, it's the other way around. Most people only invest in financial assets when liquidity (that means price) has reached a certain (massive) level. No one wanted bitcoins when they were cheap. Everyone wanted them when they were expensive.
|
|
|
|
Otoh
Donator
Legendary
Offline
Activity: 3052
Merit: 1110
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 10:30:16 AM |
|
... Well in the last eight days I've only been able to get 200 + 240 Dash out, instead of the $2,000 / day that I'm meant to be able to W/D, so while better than nothing it's still a complete joke. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhPMWLNg.png&t=665&c=cC20BRYJt87keQ) .... Now they are just cancelling my attempted withdrawals that had been pending for 3 & 4 days ago rather than processing them, 6 BTC & 755 Dash, I didn't ask them to and they don't let me know about it, unbelievable.
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 10:35:49 AM |
|
3381 Masternodes, new ATH......can we hit 3500 before the end of the year.....I think so!
What is the point of essentially locking up the dash supply in masternodes?
the coins are not locked up and can be sold at anytime just as easy as a normal wallet transaction. Higher masternode count means what?
more masternodes, less volatility. If price of dash goes up then you create a bigger barrier to entry for new people.
Currently there is a barrier to entry to participate with 1000 dash per masternode.
multiple people can share a node through trusted services and when the price goes up this will happen more and more. Essentially a large holder of dash gets more masternodes in the long run with more payments than other smaller owners.
Is this a case of the rich get richer?
yeah it's called capitalism. large mining farms get more coins than smaller ones, pretty cool huh. All honest questions.
If my asking questions is trolling then perhaps another word needs to be used for actual trolling.
you were trolling with those questions but that's cool because we love the bumps. it was getting slow here so i took you off ignore to reply and bump the thread. please respond with more concern trolling so we can keep this thread bumped. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yup of course to you asking any questions is "trolling". Typical. The part I dislike about dash the most aside from the obvious glaring issues that have been discuss at length is that by using masternodes for your "privacy" you are essentially trusting other people with your privacy.Not a good thing no matter how many masternodes you have. As far as "LESS VOLATILITY" as an accomplishment........ I would say that on that front DASH has failed. The price movements are no better than most other coins out there including bitcoin. But of course trollees like yourself, will spin stuff any which way much like has been done in the past. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 10:38:18 AM |
|
...
This is what happens when you use a shady exchange like cryptsy. Never cared for them even from 2 years ago. Good luck getting your funds out.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
aleix
Legendary
Offline
Activity: 1783
Merit: 1100
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 11:07:29 AM |
|
The part I dislike about dash the most aside from the obvious glaring issues that have been discuss at length is that by using masternodes for your "privacy" you are essentially trusting other people with your privacy.
Not a good thing no matter how many masternodes you have.
FYI https://github.com/dashpay/dash/wiki/Whitepaper#24-roles-and-proof-of-service
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 11:25:06 AM |
|
The part I dislike about dash the most aside from the obvious glaring issues that have been discuss at length is that by using masternodes for your "privacy" you are essentially trusting other people with your privacy. By your warped understanding of "trust", smoothie, every crypto has compromised privacy because "other people" run every node, miner and wallet on the entire network. Furthermore the least trustable and most compromised of all cryptocurrency blockchains in that respect are cryptonote ones which are a breeding ground for corruption being that they provide no way to publicly verify by inspection the integrity of its financial mechanics en masse. "I'm only asking question, I'm not trolling" Hey - I'm not trolling either. I'm just observing that everything you post is unmitigated b.s., for example confusing obscurity with fungibility, decentralisation with "trust", privacy with value and capital deployment with capital sequestration, all on the same page. Not bad going for someone who's parading themselves as an ethics crusader interested in privacy. Ever heard of "irony" ? You want to make the bold claim that the deployment of masternodes amounts to "trusting other people with your privacy" ? Be my guest and become that "third party". They are decentralised so you are free to show us how it's done. Don't worry, I won't be holding my breath because as everyone is aware it's yet another one of your b.s. pieces of fud along with the other three I cited above. Alternatively you could just try to solve this puzzle which you might find a bit easier: I added two numbers together to get 8. Which two were they ? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 11:58:56 AM Last edit: November 17, 2015, 12:29:46 PM by toknormal |
|
Dash and its community remind me of this video: Thats because we don't buy your "black is white", "decentralised is third party", "capital deployment is locked coins", "asking questions is not trolling" B.S. and you've no option but to start throwing your toys out the pram. The fact is this thread is unmoderated so your cult analogies are toast. Moreover you've been more indulged here than you would have been in an Ikea kids nursery so if it still isn't enough for you, p*ss off, stick your thumb in your mouth and grab hold of that "instamine" blanket for comfort instead ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
GhostPlayer
Legendary
Offline
Activity: 1092
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 12:27:59 PM |
|
I just absolutely find it endearing how troll don't understand how this constant badgering does nothing but promote us.
Intelligence of a doorbell, zero knowledge of how Dash actually works, just a bunch of ding-dongs...
|
|
|
|
DrkLvr_
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 12:43:25 PM |
|
Only 53 BTC of buy support on Poloniex. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 3500 masternodes, but only 60 can cash out at any price. That's not nearly enough to compete with Bitcoin. 53 BTC x $337 = $17,861. Not even enough buy support to pay for Dash.org DASH ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
|
|
|
|
dark-sailor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2015, 12:50:51 PM |
|
I just absolutely find it endearing how troll don't understand how this constant badgering does nothing but promote us.
Intelligence of a doorbell, zero knowledge of how Dash actually works, just a bunch of ding-dongs...
Trolls love dash hence why they are here..
|
|
|
|
|