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

[btc_zero_sum]

3 - Split them half and half, borrow on exchange half and put into one of the shared masternode service and see the diference.

this seems like a good solution but requires trust/faith in exchange AND masternode sharing service

@Minotaur26 there's no personal private key involved in lending

i now collected a bit of DASH, not enough for a masternode but also i'm not happy to keep them for months doing nothing on cold storage
i have to decide or to buy more dash and reach 1K (currently too expensive and i'm out of cash ready to go) or take the risk and put them on poloniex to lending for a few months

[Lebubar]

question to the community,
if you have ~1000 dash and a 6 month time span

do you think can be more profitable to setup a masternode or lend all the coins (for example on poloniex)?

I am not sure about the profitability comparison so maybe others could help you with that. The main difference for me is that in order to lend the coins for 6 months you have to send your private keys to the exchange and they will hold them during those 6 months so you have no control of the money and are running the risk of the exchanged being hacked, closed down, etc.

In the case of running a node you would be in control of your private keys the whole time, soon you will even be able to keep them in a hardware wallet (Trezor or Keepkey) and collect masternode payments during that period.  

So consider that risk factor too, lending makes more sense if you dont have the full 1000 DASH for the masternode, if you do then the return from lending should be a lot higher than the node returns to justify the extra risk. In my case I would not feel comfortable parking my coins in an exchange for an extended period of time. Just my 2 duffs.

Here the Maths:

MN return (approx to make calculation easier) is 12%/year so 1%/month:

The lending % in Polo is per day so the lending must be ~0.033 % to be equivalent to a 1% per month.

2 months ago it was more than this and even some time 1% per day.

Since 1 month it's not worth it lower than 0.01% (3 times less than MN return)  even around 0.005% lastly (6 times less than MN return).

I personally lend my Dash to reach next MN quicker =)

EDIT : not to mention that for lending you'll have to monitor it on a daily basis, which you don't have to do with MN (on a good VPS

[btc_zero_sum]

question to the community,
if you have ~1000 dash and a 6 month time span

do you think can be more profitable to setup a masternode or lend all the coins (for example on poloniex)?

I am not sure about the profitability comparison so maybe others could help you with that. The main difference for me is that in order to lend the coins for 6 months you have to send your private keys to the exchange and they will hold them during those 6 months so you have no control of the money and are running the risk of the exchanged being hacked, closed down, etc.

In the case of running a node you would be in control of your private keys the whole time, soon you will even be able to keep them in a hardware wallet (Trezor or Keepkey) and collect masternode payments during that period.  

So consider that risk factor too, lending makes more sense if you dont have the full 1000 DASH for the masternode, if you do then the return from lending should be a lot higher than the node returns to justify the extra risk. In my case I would not feel comfortable parking my coins in an exchange for an extended period of time. Just my 2 duffs.

Here the Maths:

MN return (approx to make calculation easier) is 12%/year so 1%/month:

The lending % in Polo is per day so the lending must be ~0.033 % to be equivalent to a 1% per month.

2 months ago it was more than this and even some time 1% per day.

Since 1 month it's not worth it lower than 0.01% (3 times less than MN return)  even around 0.005% lastly (6 times less than MN return).

I personally lend my Dash to reach next MN quicker =)

cool thanks for the math!
the current rate of some of my test lending is between 0.0048% - 0.0055% so waaay lower the MN reward

[adamvp]

But  setting node  up costs..  Server etc..

[Lebubar]

But  setting node  up costs..  Server etc..

5$/ month for vultr and digital ocean.
I found some at ~0.8$ per month (15$ per year and some 20$ per year)  (some are less stable, but some work just great)

[dafdaf]

5$/ month for vultr and digital ocean.
I found some at ~0.8$ per month (15$ per year and some 20$ per year)  (some are less stable, but some work just great)

Which are the stable ones?

[spatula]

5$/ month for vultr and digital ocean.
I found some at ~0.8$ per month (15$ per year and some 20$ per year)  (some are less stable, but some work just great)

Which are the stable ones?

I have had pretty good luck with OVH. Nice specs as well.

[fauceting.com]

Where to post-announce a service that accepts DASH? it is a faucets creator and advertisement platform

[Minotaur26]

Where to post-announce a service that accepts DASH? it is a faucets creator and advertisement platform

You should post about this on the forum section for this:

https://www.dash.org/forum/topic/merchant-directory.46/

You can ask there to be added to the merchant list. People there could also help you to find other places to list your service.



Also there is a recent initiative to compile places to spend Dash here:

http://spenddash.com/

You should look into listing there too.

[Taylor05]

Proposal: d10e Conference Travel & Lodging

https://www.dash.org/forum/threads/proposal-d10e-conference-travel-lodging.9153/

[AMPlified]

Fun blogpost from Node40:

Walmart Canada Says NO to Visa

[coin@coin]

If you guys remember the Spells of Genesis Dash Trading Card, it is now available for purchase by the public.
Check it out!

“KNIGHT OF DASH” ARRIVES AT THE PUBLIC MECHANT’S!

Announcement here: http://spellsofgenesis.tumblr.com/post/145856307945/knight-of-dash-arrives-at-the-public-mechants

[tungfa]

Dash Gives Latest Monthly Update, New Developments and Temporary Setbacks
( kot's report in the news)
http://allcoinsnews.com/2016/06/14/dash-gives-latest-monthly-update-new-developments-and-temporary-setbacks/

Edit
(fixed link)

[RenegadeMan]

Dash Gives Latest Monthly Update, New Developments and Temporary Setbacks
( kot's report in the news)
http://allcoinsnews.com/2016/06/14/...date-new-developments-and-temporary-setbacks/

You seem to have lost some characters from that link Tungfa (it's truncated), so it doesn't work.

Here's the working one:

http://allcoinsnews.com/2016/06/14/dash-gives-latest-monthly-update-new-developments-and-temporary-setbacks/

[tungfa]

Dash Gives Latest Monthly Update, New Developments and Temporary Setbacks
( kot's report in the news)
http://allcoinsnews.com/2016/06/14/...date-new-developments-and-temporary-setbacks/

You seem to have lost some characters from that link Tungfa (it's truncated), so it doesn't work.

Here's the working one:

http://allcoinsnews.com/2016/06/14/dash-gives-latest-monthly-update-new-developments-and-temporary-setbacks/

lol
tx man
same old tungi mistake (faster posting - than thinking    )

[gerhard]

Am I wrong, or is Dash is the same color as "The Little Engine that Could?"

[miningpros]

Good Afternoon,

Havent been here for a while, just 1 question, it has probably been on this post already, but lost 1100 DASH at Cryptsy , is there any way you can see where they went ? , you tech guys must be able to see all Dash that cryptsy had correct ??.

Thanks ! , and if any of you can relocate them to get them back I will offer 500 of them.

[Honest Tim]

Am I wrong, or is Dash is the same color as "The Little Engine that Could?"

It is. I also see that nobody is stopping to throw stones at that dog thats barking. 

[tungfa]

Good Afternoon,

Havent been here for a while, just 1 question, it has probably been on this post already, but lost 1100 DASH at Cryptsy , is there any way you can see where they went ? , you tech guys must be able to see all Dash that cryptsy had correct ??.

Thanks ! , and if any of you can relocate them to get them back I will offer 500 of them.

oh man , you are way late for that topic
as far as i remember that crypts owner opened a new exchange in china somewhere

any coins went probably through x amount of wallets by now and might even be sold off or whatnot
does not look good at all for u there
sorry
 

[WastedLTC]

Sometimes its tough to really appreciate how far Dash has come.   Yesterday I attempted to vote using my DAO tokens through the mist wallet and after some time I failed.   While the wallet is new and different, I can't really hold that against it but I ran into a number of other things that just made it feel difficult and very risky.   You have a wallet which may contain a large amount of funds and the warnings, messages, and actions give it a feel that you might risk doing something wrong and somehow lose your funds. 

I then swap back over to Dash and not only so I find the information to be much more clear,  proposals are in various places, and the voting process feels "safe".   I feel that the process is not where we want it to be in the future but its pretty damn amazing right now!     

To hold a vote in Dash is also more difficult (must have a MN) so the level of knowledge is higher than DAO.   For the DAO you just need to purchase some coins.   That's it.  That makes the group much larger and probably less technical (and in many cases, less vested). 

Not here to bash anyone,  just here to congratulate the Dash team and all the members of the forums that the steady pace of Dash shines bright.   I was torn when I sold two of my master nodes last month but in the end, I was able to get them back recently...