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

[Otoh]

BTC instant ~30$ crash.
Any news why?

No idea, but it paid for lunch I found when I got back (3 times over)

post/pics

Nice tab bro!!!! Which Mersault did you have with dinner?

https://i.imgur.com/sXAA7jA.jpg



https://i.imgur.com/V1dIiOy.jpg



https://i.imgur.com/rtcHkeL.jpg

It was superb, as were the views on the bicycle ride back



https://i.imgur.com/hHCro7L.jpg



https://i.imgur.com/5qIz2BR.jpg

That was lunch & it looks like DASH is going to pick up the tab for dinner

More especially those who were shorting it, time to move the bid walls up a wee bit

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[Otoh]

Obviously I can but agree with you, but if bitcoin gets confidential transactions soft forked this year, then the market will decide which system is better or which it is happy to use.  The issue for Dash and xmr, etc, is the fist mover advantage of Bitcoin. A better product doesn't always win first prize.

First mover advantage doesn't always win.  Sometimes it's the "fast follower" aka second mover.  The initial first-mover advantage will last for a period of time, only to be replaced by the "Fast Follower".  Ford Motor Company was the first mass produced manufacturer of cars.  Within a short time, General Motors was outselling them by offering something Ford would not.  By following a strategy of innovation, combined with focusing on getting the word out, DASH has an excellent chance of succeeding in the Digital Cash realm.

--------------------------------

"First-movers are not always able to benefit from being first. Whereas firms who are the first to enter the market with a new product can gain substantial market share due to lack of competition, sometimes their efforts fail. Second-mover advantage occurs when a firm following the lead of the first-mover is actually able to capture greater market share, despite having entered late.

First-mover firms often face high research and development costs, and the marketing costs necessary to educate the public about a new type of product. A second-mover firm can learn from the experiences of the first mover firm, and may not face such high research and development costs, if it is able create its own version of a product using existing technology. A second-mover firm also does not face the marketing task of having to educate the public about the new project because the first-mover has already done so. As a result, the second-mover can use its resources to focus on making a superior product or out-marketing the first-mover."

https://en.wikipedia.org/wiki/First-mover_advantage#Second-mover_advantage

An historic word to the wise from back in January

[Rakete4]

Hello,

I am supporter of DASH since it was DARK Coin in the past.

So you missed the instamine. It was called Xcoin back then.

[tungfa]

August 2016 - Dash Core Team Monthly Report

https://www.dash.org/forum/threads/august-2016-dash-core-team-monthly-report.10626/#post-103772

[HinnomTX]

Hello,

I am supporter of DASH since it was DARK Coin in the past.

So you missed the instamine. It was called Xcoin back then.

I missed it too, and only by a few weeks. But I don't give a shit about the instamine because I know a working DAO when I see one. Dash is more like a decentralized autonomous bank, but not everyone is comfortable with that terminology yet. Better get ready though, because it's already here, and it's the first mover.

[Rakete4]

A thread with 6145 pages is not a working DAO. It's a crowd of people who have fallen for the marketing of scammers.

[BrainShutdown]

A thread with 6145 pages is not a working DAO. It's a crowd of people who have fallen for the marketing of scammers.

Why so sad? 

[bandidorl]

A thread with 6145 pages is not a working DAO. It's a crowd of people who have fallen for the marketing of scammers.

Another one on ignore, is there a limit of people I can have on ignore? 

[ddink7]

I've never understood why the trolls insist that DASH is a scam.

scam
skam/
nouninformal
noun: scam; plural noun: scams

    1.
    a dishonest scheme; a fraud.
    "an insurance scam"
    synonyms:   fraud, swindle, fraudulent scheme, racket, trick; More
    pharming;
    informalcon, hustle, flimflam, bunco, grift, gyp, shakedown
    "the scam involved a series of bogus investment deals"

verb
verb: scam; 3rd person present: scams; past tense: scammed; past participle: scammed; gerund or present participle: scamming

    1.
    swindle.
    "a guy that scams the elderly out of their savings"
    synonyms:   swindle, cheat, deceive, trick, dupe, hoodwink, double-cross, gull; More
    informalrip off, con, fleece, shaft, hose, sting, bilk, diddle, rook, gyp, finagle, bamboozle, flimflam, put one over on, pull a fast one on, sucker, stiff, shake down, hornswoggle
    "he was trying to scam residents with phony insurance policies"

Origin
1960s: of unknown origin.

Dash had an unexpectedly high emission rate during the first 24-48 hours, which was subsequently fixed. Those who were lucky enough to mine Dash during those couple of days ended up getting quite a lot of it. The amount of Dash that they own, however, in no way diminishes the value of the Dash I purchased a few months later.

Over the last two years, after a brief "spike," the price of Dash settled around $2-$3. Now it's settled around $11-$12. How is a 500-600% ROI in two years a scam?

I've just always been baffled by that. Frankly, if anybody had the foresight or luck to check this forum in January 2014 and mine Dash instead of one of the other THOUSAND brand new cryptos that had just been launched, then more power to them. My Dash is worth more today than it was when I bought it, so if you call that a scam, then we need a whole lot more scams in this world!

[ddink7]

A thread with 6145 pages is not a working DAO. It's a crowd of people who have fallen for the marketing of scammers.

Another one on ignore, is there a limit of people I can have on ignore? 

If so, it's a really big number. I currently have the following on ignore:

skull88
smooth
iCEBREAKER
klee
bittick
smoothie
MegaHustlr
DubFX
humanitee
mah87
BitGoing
Slingshot
drawingthesun
bernard75
mmitech
Netnox
empoweoqwj
Wolf Rainer
dnaleor
reader31
binaryFate
ymer
metraX
Lauda
ThomasX
gross
faraway
r3wt
superresistant
oneway
Pitstop
Herp
phzi
bobmarley650
huadaonan
TKeenan
bitcoinhype
start the art
dreamspark
placebo
wpalczynski
oldmarsh
lalakies23
dotnetmin
etparle
arielbit
benthach
chesthing
fr4nkthetank
hasar
Bobsurplus
erok
Slipknot79
Saigonsmokes
nesco1805
reda
miramare
Sapereaude
stuhlman
KoinMaster
Bitye West
Coolstoryteller
crimi
Emule
LeoC
g4q34g4qg47ww
dbt1033
Kalizar
heskey
btell
KJO
youngmike
AdamWhite
Mwalshe89
PhattyBanks
bigc1984
nzminer
s1gs3gv
DRobert
sangoku
Toninho
installer
newb4now
Hollowman338
nextgencoin
herecoming
piyany
valentino007
josegger
Dusty11
mikemikemike
shojayxt
DavidR
minerjav
flipme
Terzo
darkota
buy4crypto
TTM
rentahash
scam_exposer
Liquid71
Sniggly
McHammer
slapper
Rakete4
ewqewwee
smoothdoger
DutchTrades
iphone66
solo20
GiftEncounter
shfc
Forceflow
Jacques de Molay
Febo
kewlya
stilgars
lawgicc
dirts
Denada129
ignitiondefect
therightmintality
ultradar
mrkavasaki
RW-Stott
YourMother
PoS
pratico
eeeee
maese123
Elmer Fud
BTCgraphics
mitchr4
CryptoChronic
StealthCoin1
LucyLovesCrypto
O_Omaha
volyova
Marica420
Morecoin Freeman
Terzo2
TheMightyKnight
kazuki49
Sumo
choZin
iqlimasyadiqa
X1235
wow!NotAgain
P3RS3US
AdamWìte
Department of
qvan
TheDasher
Hyperjacked
Dashcoin99
Swandeli
Blazin8888
dashgrimreaper
Johnny Bravo
first troll
AndJusticeForSome
b1007
sammycrypto
Cryptogenius
MasterscamBlinding
Gillette
8XMR
boolberry
EvanTheInstaminer.
kokonit
DrkLvr_
MyMother
emitkirby
dranster
TechorMarketing
DaveJones
FeelTheBern
LiskKing

[qwizzie]

I've never understood why the trolls insist that DASH is a scam.

scam
skam/
nouninformal
noun: scam; plural noun: scams

    1.
    a dishonest scheme; a fraud.
    "an insurance scam"
    synonyms:   fraud, swindle, fraudulent scheme, racket, trick; More
    pharming;
    informalcon, hustle, flimflam, bunco, grift, gyp, shakedown
    "the scam involved a series of bogus investment deals"

verb
verb: scam; 3rd person present: scams; past tense: scammed; past participle: scammed; gerund or present participle: scamming

    1.
    swindle.
    "a guy that scams the elderly out of their savings"
    synonyms:   swindle, cheat, deceive, trick, dupe, hoodwink, double-cross, gull; More
    informalrip off, con, fleece, shaft, hose, sting, bilk, diddle, rook, gyp, finagle, bamboozle, flimflam, put one over on, pull a fast one on, sucker, stiff, shake down, hornswoggle
    "he was trying to scam residents with phony insurance policies"

Origin
1960s: of unknown origin.

Dash had an unexpectedly high emission rate during the first 24-48 hours, which was subsequently fixed. Those who were lucky enough to mine Dash during those couple of days ended up getting quite a lot of it. The amount of Dash that they own, however, in no way diminishes the value of the Dash I purchased a few months later.

Over the last two years, after a brief "spike," the price of Dash settled around $2-$3. Now it's settled around $11-$12. How is a 500-600% ROI in two years a scam?

I've just always been baffled by that. Frankly, if anybody had the foresight or luck to check this forum in January 2014 and mine Dash instead of one of the other THOUSAND brand new cryptos that had just been launched, then more power to them. My Dash is worth more today than it was when I bought it, so if you call that a scam, then we need a whole lot more scams in this world!

Yeah, i dont understand that myself. I bought my first Darkcoins at the very very top (0.025 & 0.026 range in May 2014), which are currently still not in the clear (i still have them) but buying the dips later on more
then made up for those early high range buys.

People should take responsebility for their own actions, if they sold at a lost then they should live with that decision. It is not like they are/were unaware how volatile cryptocurrencies can be, as pretty much every central bank issued warnings about it.
 

      

[qwizzie]

Underground to Base Command : The walls are moving!
i repeat, The walls are moving !



edit : i'm starting to like this whole "a wee bit" expression 

[ddink7]

LOL @ Monero:

http://arstechnica.com/security/2016/09/thousands-of-infected-ftp-servers-net-attackers-88k-in-cryptocurrency/

[bandidorl]

A thread with 6145 pages is not a working DAO. It's a crowd of people who have fallen for the marketing of scammers.

Another one on ignore, is there a limit of people I can have on ignore? 

Hello bandidorl - long time no talk/see
Good to see your still around :-D

Yeah, mostly lurking here and in DASH.org but holding my dash forever 

[aigeezer]

LOL @ Monero:

http://arstechnica.com/security/2016/09/thousands-of-infected-ftp-servers-net-attackers-88k-in-cryptocurrency/

I was intrigued that there has been a thread about this story in the Press section for over a day and the M-community didn't touch it. Neither the "normals" nor the trolls - just... crickets:

https://bitcointalk.org/index.php?topic=1614010.0

Dash users not affected, I assume. Could it happen here? Anything we should learn from their misfortune?

[ddink7]

LOL @ Monero:

http://arstechnica.com/security/2016/09/thousands-of-infected-ftp-servers-net-attackers-88k-in-cryptocurrency/

I was intrigued that there has been a thread about this story in the Press section for over a day and the M-community didn't touch it. Neither the "normals" nor the trolls - just... crickets:

https://bitcointalk.org/index.php?topic=1614010.0

Dash users not affected, I assume. Could it happen here? Anything we should learn from their misfortune?

Of course it could happen to us.
It could happen to any coin.

In theory, but with Dash ASICs and split block rewards between miners and MNs, I wouldn't think it'd be worth it.

[110110101]

I remember that Darkcoin had a few incidents back in the day where people were running cpu-miners and later on gpu miners on the victims machines. For instance see this reddit post about a cpu miner back in 2014: https://www.reddit.com/r/sysadmin/comments/28klfl/disguised_mining_process_using_up_99_cpu_on/

I made a really quick google search for malicious gpu mining on gaming rigs, but I did not find what I was looking for. Maybe others remember this. People were installing some popular game, but in the background, they were mining darkcoin at the same time on their beefy gaming rigs.

So yes, all coins have this "misfortune", but anyone can install a piece of software and start mining on a pool, it's not that hard really.
Today it might not happen with Dash due to asics and high difficulties, but still sometimes people come up with the clever idea of cpu-mining bitcoin so you never know....

[ddink7]

I remember that Darkcoin had a few incidents back in the day where people were running cpu-miners and later on gpu miners on the victims machines. For instance see this reddit post about a cpu miner back in 2014: https://www.reddit.com/r/sysadmin/comments/28klfl/disguised_mining_process_using_up_99_cpu_on/

I made a really quick google search for malicious gpu mining on gaming rigs, but I did not find what I was looking for. Maybe others remember this. People were installing some popular game, but in the background, they were mining darkcoin at the same time on their beefy gaming rigs.

So yes, all coins have this "misfortune", but anyone can install a piece of software and start mining on a pool, it's not that hard really.
Today it might not happen with Dash due to asics and high difficulties, but still sometimes people come up with the clever idea of cpu-mining bitcoin so you never know....

I think it was one of the GTA games? I'm not sure if that was ever proven or just a rumor. Can't remember.

[AzzAz]

I remember that Darkcoin had a few incidents back in the day where people were running cpu-miners and later on gpu miners on the victims machines. For instance see this reddit post about a cpu miner back in 2014: https://www.reddit.com/r/sysadmin/comments/28klfl/disguised_mining_process_using_up_99_cpu_on/

I made a really quick google search for malicious gpu mining on gaming rigs, but I did not find what I was looking for. Maybe others remember this. People were installing some popular game, but in the background, they were mining darkcoin at the same time on their beefy gaming rigs.

So yes, all coins have this "misfortune", but anyone can install a piece of software and start mining on a pool, it's not that hard really.
Today it might not happen with Dash due to asics and high difficulties, but still sometimes people come up with the clever idea of cpu-mining bitcoin so you never know....

I think it was one of the GTA games? I'm not sure if that was ever proven or just a rumor. Can't remember.

yes gta 5 nicely cracked with miner hidden

[Riseman]

Peculiar pattern. Probably doesn't mean anything.