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

[tungfa]

Tao... That is NOT rival coin... ccc

 Not technically, but Polo is historically openly biased towards them and have the biggest pie of volume.

 Plus, anyone trading through their front end is really kicking themselves. Polo front-end is highly bugged and lagged. I talk from first hand experience, and I'm certainly not alone.

Agree that. Sadly DASH has nice volume there. And i.e. Dashcurex is also dash supportive and volume there is low

DASHCurrex is annoying exchange. You have to have dashcurrex and bitcurrex accounts and keep transferring coins between the two. I tried to use it, but its just so inconvenient, decided not to use them again.

i agree
way too complicated

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[bigrcanada1]

Would like to put out there a new discussion topic for some thoughts.  Its never really been brought up anywhere that I've seen, but the strong possibility that one or more of the exchanges in this space are being run by law enforcement or other "government" agencies for the purpose of tracking this ecosystem. 

The reason I bringing it up is I remember several years ago this exact thing being done by law enforcement in where they setup a fiat currency exchange store front for the sole purpose of ensnaring individuals involved in "money laundry" activities.  The store front was legitimate and was being used by all sorts of everyday people needing exchange services as well as those using it for nefarious purposes.

The point being...who's running the exchanges currently being used?  That to me...is the single biggest point of weakness in this whole space.

For a community, all crypto currencies, that pride themselves in creating or developing secure and private transactions...it seems to be a gapping hole and massive weak spot.

[Chronikka]

Would like to put out there a new discussion topic for some thoughts.  Its never really been brought up anywhere that I've seen, but the strong possibility that one or more of the exchanges in this space are being run by law enforcement or other "government" agencies for the purpose of tracking this ecosystem.  

The reason I bringing it up is I remember several years ago this exact thing being done by law enforcement in where they setup a fiat currency exchange store front for the sole purpose of ensnaring individuals involved in "money laundry" activities.  The store front was legitimate and was being used by all sorts of everyday people needing exchange services as well as those using it for nefarious purposes.

The point being...who's running the exchanges currently being used?  That to me...is the single biggest point of weakness in this whole space.

For a community, all crypto currencies, that pride themselves in creating or developing secure and private transactions...it seems to be a gapping hole and massive weak spot.

As long as people are relying on exchanges to do fiat <-> crypto conversions, this possibility will always exist (and its not specific to DASH). The only way to remove the possibility is to stop the dependency on exchanges. Essentially this means you need to do all your business in DASH, or any other crypto, without ever touching Fiat. You can place blame on the exchanges but they're just doing what they're supposed to do...exchange money. There are rules regarding businesses that exchange money, and the crypto based exchanges must follow them if they want to continue business.

[wozzek23]

Would like to put out there a new discussion topic for some thoughts.  Its never really been brought up anywhere that I've seen, but the strong possibility that one or more of the exchanges in this space are being run by law enforcement or other "government" agencies for the purpose of tracking this ecosystem. 

The reason I bringing it up is I remember several years ago this exact thing being done by law enforcement in where they setup a fiat currency exchange store front for the sole purpose of ensnaring individuals involved in "money laundry" activities.  The store front was legitimate and was being used by all sorts of everyday people needing exchange services as well as those using it for nefarious purposes.

The point being...who's running the exchanges currently being used?  That to me...is the single biggest point of weakness in this whole space.

For a community, all crypto currencies, that pride themselves in creating or developing secure and private transactions...it seems to be a gapping hole and massive weak spot.

Well, "The best way to control the opposition is to lead it ourselves," Lenin correctly said over a century ago. In Evan's thinking there's a germ of a solution to the problem you raised, something I've been thinking for a long time.

Alas, I am too busy with another proposal at the moment and, being a n00b have to wait for my programming genius to free-up some time and employ his mighty mind by focusing on the gaping hole...

[wozzek23]

As long as people are relying on exchanges to do fiat <-> crypto conversions, this possibility will always exist (and its not specific to DASH). The only way to remove the possibility is to stop the dependency on exchanges. Essentially this means you need to do all your business in DASH, or any other crypto, without ever touching Fiat. You can place blame on the exchanges but they're just doing what they're supposed to do...exchange money. There are rules regarding businesses that exchange money, and the crypto based exchanges must follow them if they want to continue business.

Ditto. Andreas M. Antonopoulos used to reply, when asked what would be the (ideal, maximum) value of 1 BTC with: 1 BTC. Businesses and transactions move toward the crypto and we all stop bothering with the current fascist system in which The Financial Crime Cartel writes their own laws and their media sells them thieving midgets as "masters of the Universe" etc.

Look at these idiots. In a just society all of them would be jailed for life, but no...

http://postimg.org/image/4o8n3d4od/

[alex-ru]

https://wallet.exmo.com/en/docs/fees

There are limits, yes

Answer of EXMO on Dashtalk is:

Page https://wallet.exmo.com/en/docs/fees only about limits in trade orders. Limits on deposit and withdraw you can see in your wallet https://wallet.exmo.com/en/
Dash have minimal limit on deposit (0,01 dash) and have no any maximum limits (both for deposit and withdraw).

[splawik21]

https://wallet.exmo.com/en/docs/fees

There are limits, yes

Answer of EXMO on Dashtalk is:

Page https://wallet.exmo.com/en/docs/fees only about limits in trade orders. Limits on deposit and withdraw you can see in your wallet https://wallet.exmo.com/en/
Dash have minimal limit on deposit (0,01 dash) and have no any maximum limits (both for deposit and withdraw).

I got a chat response yesterday that there is no limit BUT on their page on regarding the limits there are some...

DASH/BTC  min. deposit 0.001    max withdraw 500

[TaoOfSaatoshi]

Great to see all of this Exmo talk. Hopefully we can take some volume away from Moneroex. I just tried it yesterday, so satisfying to see Dash deposits instantly confirm. Dash can so take on VISA/MC in the retail space. We just need to get one retailer hooked, then another then another and get the ball rolling. One step at a time!

[alex-ru]

https://wallet.exmo.com/en/docs/fees

There are limits, yes

Answer of EXMO on Dashtalk is:

Page https://wallet.exmo.com/en/docs/fees only about limits in trade orders. Limits on deposit and withdraw you can see in your wallet https://wallet.exmo.com/en/
Dash have minimal limit on deposit (0,01 dash) and have no any maximum limits (both for deposit and withdraw).

I got a chat response yesterday that there is no limit BUT on their page on regarding the limits there are some...

DASH/BTC  min. deposit 0.001    max withdraw 500

If you are talking about https://wallet.exmo.com/en/docs/fees - there are not deposit/withdraw limits - those limits are for 1 (each) trading order.

Their "limit's page" is very unclear and confusing - I asked them if they can make it more clear...

[GhostPlayer]

Anyone can do me a quickie? How on earth does one make caption on by default on youtube so viewers don't have to click the button??

adding yt:cc=on to tags no longer seems to work, and google is no help!

[Lebubar]

Check!
1
2
Check!

-Hmm it seems to be working.  

[qwizzie]

Check!
1
2
Check!

-Hmm it seems to be working.  

checkmate ?    

Sorry GhostPlayer, i dont know the answer either.
so much for quickies

first time i see a helpless google though, its .. interesting.

[semajjames]

Has anyone used this https://bitcointalk.org/index.php?topic=1092682.0

[Wintermute]

...

Hash rate went up, price has effectively gone down given the emissions and sideways price.

DASH was billed as ASIC resistant. So that has to be taken into consideration.

Some people falsely believe that an increasing hashrate means a better security model. This is incorrect! In the concrete case of DASH one or two companies now could have complete control over DASH mining by mass-producing and deploying ASIC miners. The hashrate would dramatically increase pushing all the small GPU miners out of the competition. But this is not a better security model, but far worse and centralized.

The end-result can be seen when looking at Bitcoin. A few major hardware manufacturers are in control of Bitcoin mining. The whole mining world is very centralized leading to all sorts of problems.

One of DASH's major selling points was that it is ASIC resistant. We should keep it this way, to avoid centralization!

[raico]

Traders, if you care about Dash, please move your trading to https://exmo.com. They are supporting the technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.

Plus, the site is pretty slick!

Thanks,

Tao

I can leave P, finally. Won't go back there again. (Many my Chinese fellow will go to EXMO too.). It's sad and dangerous relying on the competitor's site, especiall more than 80% volum there, for now.
It's nice and satisfied on EXMO. I have a lot of patience and confidence to see the rise of volume here~.

[tungfa]

Has anyone used this https://bitcointalk.org/index.php?topic=1092682.0

you should do some research on the DN about that
i did not hear about them yet and that is what i would do
(as they down there know best/trustworthy or not)
maybe check on TheHub
(clever guys down there)

[tungfa]

Traders, if you care about Dash, please move your trading to https://exmo.com. They are supporting the technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.

Plus, the site is pretty slick!

Thanks,

Tao

I can leave P, finally. Won't go back there again. (Many my Chinese fellow will go to EXMO too.). It's sad and dangerous relying on the competitor's site, especiall more than 80% volum there, for now.
It's nice and satisfied on EXMO. I have a lot of patience and confidence to see the rise of volume here~.

so you guys can access them from china with no problem ??

[raico]

Traders, if you care about Dash, please move your trading to https://exmo.com. They are supporting the technology by enabling InstantX, and they are not a base for rival coins such as Monero on Poloniex.

Plus, the site is pretty slick!

Thanks,

Tao

I can leave P, finally. Won't go back there again. (Many my Chinese fellow will go to EXMO too.). It's sad and dangerous relying on the competitor's site, especiall more than 80% volum there, for now.
It's nice and satisfied on EXMO. I have a lot of patience and confidence to see the rise of volume here~.

so you guys can access them from china with no problem ??

Yep~
Not sure all of it. But as far as i know, it's ok.

[iCEBREAKER]

One of DASH's major selling points was that it is ASIC resistant. We should keep it this way, to avoid centralization!

Too late, X11 ASICs exist and are being put into production.

Who told you Dash is "ASIC resistant?"

When and where did that false rumor get started?

[TaoOfSaatoshi]

Tao asks: How can you avoid a Mt. Gox situation for your Dash?

http://youtu.be/40n6joIOkVg

The future is now. Use Exmo.