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

[tombtc]

Does this even matter? 450 mln coins vs 6.5 mln coins. For me it would only be useful if every coin had the same amount of coins mined.
To overtake bitcoin dash would have to be worth over $1000. Does that mean if dash goes to $500 people will still be saying "dash is not number 1 in crypto?". LOL

Huh? The discussion you were referencing is talking about marketcap, not token price.

Yes I was talking about the market cap and how irrelevant it is to be 1st or 2nd or whatever on that list.

Marketcap represents the total value of the asset. Coin supply x price. It's simply a standard used by markets to measure how big a company is. You seem to have got the calculations wrong by the way.

The coin supply ratio - Bitcoin to Dash is 2.43. So that means Dash would "overtake" bitcoin in marketcap if it reached a coin price of $174.

How come 6 500 000 coins at $174 is the same as 15 000 000 coins at $400?

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[Lukas_Jackson]

Does this even matter? 450 mln coins vs 6.5 mln coins. For me it would only be useful if every coin had the same amount of coins mined.
To overtake bitcoin dash would have to be worth over $1000. Does that mean if dash goes to $500 people will still be saying "dash is not number 1 in crypto?". LOL

Huh? The discussion you were referencing is talking about marketcap, not token price.

Yes I was talking about the market cap and how irrelevant it is to be 1st or 2nd or whatever on that list.

...174...

174*5.85=1015 dollarz 

[LiteMine]

Huh?  $6,448,492,037 / 6,301,198 DASH = $1,023 per DASH

[spatula]

Does this even matter? 450 mln coins vs 6.5 mln coins. For me it would only be useful if every coin had the same amount of coins mined.
To overtake bitcoin dash would have to be worth over $1000. Does that mean if dash goes to $500 people will still be saying "dash is not number 1 in crypto?". LOL

Huh? The discussion you were referencing is talking about marketcap, not token price.

Yes I was talking about the market cap and how irrelevant it is to be 1st or 2nd or whatever on that list.

Marketcap represents the total value of the asset. Coin supply x price. It's simply a standard used by markets to measure how big a company is. You seem to have got the calculations wrong by the way.

The coin supply ratio - Bitcoin to Dash is 2.43. So that means Dash would "overtake" bitcoin in marketcap if it reached a coin price of $174.

You are supposed to multiply, not divide. BTC token price x Ratio (2.43) = dash token price with BTC marketcap.

[tombtc]

Hey tok I think you need to wake up. Go and have a fresh coffee.

[G.avinMcInnes]

Looks like dash is finding support at 0.0138 if we use data from March 15th until now.

It has tested below support a few times in the last hour so we'll see. I hope it goes lower so some of us can get back in  

Not sure where resistance is going to be going forward, it's currently 0.014 based on the last few hours, with a few tests above that going nowhere.

We're losing volume in small part to the falling price, but this looks like consolidation in the 0.013 - 0.014 range so the longer it holds in the range the more likely we're to break resistances and go higher.

We had a HUUGE amount of volume at 4pm UTC (5 minute bar), with 45 BTC being exchanged. For context the average volume per 5 minute is about 2-10 BTC. It looked like someone closing a short from higher up, likely a whale putting a short out at 0.015 and they closed it then.

[bigrcanada1]

.. vertoe debunked that self-serving community delusion when she quit being a Dash core dev...

Come on really?!?  Your using Vertoe, who is a "HE" by the way, as meter of some kind of moral light.  First he left DASH in a huff when he couldn't bully his was around with his agenda, then He proceeded to scam a bunch of people on CACHE coin that he tried to take on...and realised he couldnt do shit...and left the community hanging.  Vertoe is no piller you should be holding up as a ethical anything.  You know better...stop being a tool.

PS.  Sorry community.  I'm not in the business of quoting the trolls, but this BS with "princess" Vertoe is something I had to get off my chest.

[Riseman]

Many traders are expecting BTC to make another big jump soon. Any thoughts on how this can possibly affect Dash price this time?

[G.avinMcInnes]

PS.  Sorry community.  I'm not in the business of quoting the trolls, but this BS with "princess" Vertoe is something I had to get off my chest.

Contrary to popular opinion about ignoring trolls, I feel like you quoting choice pieces of text from them, and debunking their claims, highly useful. Keep up the good and thankless work!

[toknormal]

Hey tok I think you need to wake up. Go and have a fresh coffee.

LoL !!

Yeah. Sorry about that.

Had my head screwed on the wrong way round. Post deleted + apologies to you 

[G.avinMcInnes]

Many traders are expecting BTC to make another big jump soon. Any thoughts on how this can possibly affect Dash price this time?

It's risen 3 dollars in the last 3 days, and dash has maintained steady since then at 0.0138 minus rallies. I could see a large increase affecting our price in a modest way, but like toknormal says:

Market now breaking out of its little cup & handle formation on the 4-Hour chart.

https://i.imgur.com/TPsY7Jv.png

Momentum indicators green on all chart ranges and diverging - no adverse harmonics.

All volume indicators now moved above their moving averages - the last one to do so was the 12-hour.

RSI's all buyable but high which means periodic corrections during the rise.

...and finally, what is most amazing about this: no masternodes precipitating as would be expected. The count is still at an all time high.

Get strapped in  

This is all still applicable. Everything below 0.0138 is a steal ACCORDING to long range charts and indicators. Also, non zero diversification means bitcoin rise equates to an alt coin rise, and for the last 2 months, the alt coins have gotten a larger net increase percentage wise.

A pretty fascinating set of bullish indicators - this could all reverse obviously. But the odds are still in the bulls favor.

[iCEBREAKER]

To be fair and accurate, Peter Todd and Greg Maxwell (who provided some of the most devastating anti-Dash "FUD") are BTC core devs, not "shills."

As for Dash being "respectable," vertoe debunked that self-serving community delusion when she quit being a Dash core dev.

I know it's easier to deflect criticism by attacking the motivations of the critics than actually defend/rationalize the instamine and bad crypto, but let's try to stay in fact-based reality.

Come on really?!?  Your using Vertoe, who is a "HE" by the way, as meter of some kind of moral light.  First he left DASH in a huff when he couldn't bully his was around with his agenda, then He proceeded to scam a bunch of people on CACHE coin that he tried to take on...and realised he couldnt do shit...and left the community hanging.  Vertoe is no piller you should be holding up as a ethical anything.  You know better...stop being a tool.

*deflecting criticism by attacking the motivations of the critics intensifies*

Doesn't matter if vertoe is as corrupt as Hillary Clinton.  A core dev like her/him is in the best position to know exactly how centralized and untransparent the Dash Incorporated project is.

And it was Duffield playing the bully with the Dash rebranding agenda.  All those Darkcoin supporters and volunteers (such as vertoe) were used to start Dash, then thrown away.

[maxpowerzz92]

Looks like dash is finding support at 0.0138 if we use data from March 15th until now.

You're welcome    I was scooping up any asking prices below .0139.   Buying some extra dash after I saw the drop from earlier today (last night?), so I can top off 1K for another masternode.

[G.avinMcInnes]

If anyone can call any whales into the party, now would be a good time. With volume increased and ETH looking ever more shaky, if we increase and sustain 0.015 again, we could see new interest and more volume.

Not only that, but like others have said, BTC may be on the verge of a rise, if we could increase the price of DASH, we could create another safe haven for 2nd tier crypto assets owners looking to diversify.

Meanwhile, as toknormal has mentioned recently, DASH and BTC are the two most amenable stores of value on the market right now. We need to take volume from ETH, and establish ourselves as the 2nd dominant alt coin in terms of volume, price, and other market indicators.

I doubt we'll surpass ETH market or LTC market caps anytime soon, but with a proper launch, into interesting times and markets, we could "steal" attention and market share away from 2nd tier crypto assets.

If anyone wants to shill right now for DASH, remember to share them this: https://dashtalk.org/threads/february-2016-dash-core-team-monthly-report.8328/

We're one moment away from blasting BTC out of the water in terms of functionality. We simply need more attention and investment like we deserve.

[TaoOfSaatoshi]

For people that insist on spreading the false narrative that the Dash project is centralized, explain why the Transform PR project, supported by King Duffield, was voted down, forcing him to personally cancel the contract. Had we not had a decentralized governance system in place, that contract would still be in force today. Evan gave up a lot of power introducing the DGBB, and Dash is better for it.

[ddink7]

For people that insist on spreading the false narrative that the Dash project is centralized, explain why the Transform PR project, supported by King Duffield, was voted down, forcing him to personally cancel the contract. Had we not had a decentralized governance system in place, that contract would still be in force today. Evan gave up a lot of power introducing the DGBB, and Dash is better for it.

I never thought of it that way, but that's a good point.

[G.avinMcInnes]

What a trend trader sees when looking at the 4hr ETH chart:

https://i.imgur.com/lIUBvdb.png

What a trend trader sees when looking at the 4hr DASH chart:

https://i.imgur.com/25rbJ56.png

What do you folks thinks going to happen in the next 3 days? My bet is ETH DOWN  /  DASH UP!

[Macrochip]

To be fair and accurate, Peter Todd and Greg Maxwell (who provided some of the most devastating anti-Dash "FUD") are BTC core devs, not "shills."

To be actually fair and accurate, Eduardo, Hashfast-Scammer, deCastro using PITA Turd and Faggory MaxSell to push your pathetic shitcoin agenda is beyond ridiculous because we can instantly prove beyond any reasonable doubt that those dingleberries are both BUTTHURT beyond compare because DASH robbed them from their opportunities to brag and shine about shitty/flawed ideas they had.

Here's the evidence:

Greg Maxwell hates Dash because:

<gmaxwell> I already have a port of the bytecoin signature system to bitcoind... so I assume someone will do that.
<gmaxwell> (I'm not releasing it right now because all releasing it will do is cause a bunch of additional silly altcoins... created by people who couldn't even do the couple hours of work.
<gmaxwell> )

Clearly referring to (back then) DarkCoin and its superior CoinJoin implementation by Evan Duffield. Maxwell is shaking his fist like an angry old man because Evan took his imperfect and flawed idea (CoinJoin) and improved it in such a way to be actually useful for anonymous transactions (DarkSend). Saying he won't release source code in an open source project to avoid "silly altcoins" is the lamest excuse imaginable to hide his anger and fear that someone might take his idea. Silly child, he is really.

Peter Turd, the Hairy Potter faced villain of Bitcoin blocked me on Twitter (LOL) because I thanked him for his double spend attack on Coinbase because it was perfect marketing towards DASH's InstantX technology.
InstantX makes his retarded Replace-By-Fee rip-off scheme completely obsolete and that angers the shit out of him. That is why he called Dash snake oil without ever providing a single technical argument as to why.

As you can see, iCERAPER, your two toilet-seat icons here are the ones who are devastated. Not Dash.

Let's also not forget that these twats are among those choking Bitcoin to death by preventing a blocksize increase through manipulation, tyranny and censorship.

As for Dash being "respectable," vertoe debunked that self-serving community delusion when she quit being a Dash core dev.

HAHAHAHAHA! Vertoe? Still? The ridiculed CACHECOIN SCAMMER everyone despises? Are you in love with "her" because "she" is another scammer, like you?

Are you the retard who registered Dashclassic.org? Because whoever is running that site also believes vertoe is female. Don't bother changing it now, I made several screenshots already, including the "launch date" of Jan 27, 2016 where still nothing happened. What a failure you trolltards and FUDsturds are!
Oh btw where's that giant "dump to 0 dollars" you and your sockpuppets kept yapping about?

[qwizzie]

what an investor is seeing longterm : https://cryptowat.ch/poloniex/dashbtc/1w



 

As you can see Aroon is signalling a new trend since 18th of february 2016,
a bullish new trend.

[G.avinMcInnes]

Think about it people, DASH at ETH prices would help ALL DASH projects through DGbB and it would force the markets to acknowledge how great DASH is, which frankly has been long past due.

Not only are we the best deflationary currency around, but we offer an internal investment scheme, which benefits long positions.

Not only that, but we offer privacy and instant transactions. In other words, our developers knew what we wanted, and provided that first.

So what's next for DASH?

Well, with Evolution on the horizon we know that we're going to continue to focus of ease of use, and finally get the larger population of the world into cryptocurrency.

Ambitious, but DASH is up for the challenge.

https://i.imgur.com/jlvtkkj.png

This is the 1/wk chart. I like tracking trends, and what I see on this chart is a trend towards testing ATH. When? well who know with this crazy chart.

This goes all the way back to our ATH, and as you can see, we had the usual P&D all cryptocurrencies have at launch, followed by another pump, which did NOT have a dump, but sustained profit taking and consolidation lower.

Once we hit the low of 0.005 (a better low than the previous 0.003 and 0.004 we saw in 2014) in 2015, we have been on a steady trend upwards.

https://i.imgur.com/v1PVAOg.png

If we look at the 3/day chart we see the low of 2015, followed by this steady trend. Ultimately we need to avoid the previous rally low of 0.007 if we want to increase interest and participation in the coin, and reward early investment.

So what do we see in the 1 day up close?

https://i.imgur.com/RmhRz32.png

Well for one, proft taking today. But we do see a steady trend upwards.

Ideally if this is sustained, we can truly test whether or not the reserve market will liquidate itself at a given price point. We know we can always reduce collateral, but raising would be very hard.

So ideally we'd see a loss of some masternodes only at sustained price points.

At some point, we have to evolve into a less volatile currency, and we do that by bringing in investment through our price. If we sustain price gains, we can finally get the recognition we know we deserve by investing in the most worthy of cryptocurrencies.