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

[helloge]

nice to see the development of DASH vs Zcash

[toknormal]

[MahaRamana]

careful...sell high, and be wary of riding this pump..

this is an easy pump..too many coins locked in masternodes (making an artificial increase in valuation), too few big holders of this coin(instamined), and too few in circulation..

just look at DASH btc-e and poloniex sell orders combined..just less than 20K? compare it at poloniex LTC ~150k,  ETH ~400k, XMR ~320k at sell orders...

remember DASH was once marked in coinmarketcap as a premined coin...until a very aggressive protest was done by DASH shills around here

People keep it in masternodes because masternodes offer value to the network and receive a compensation.
People keep dash in masternodes because they have a long term belief in the project.
This is not artificial, just smart design and smart vision.
Few big holders is not an issue for the network if these big holders are smart people with a long term vision, which it seems they are.
What do you think is better, premined network that creates value for the users and creates value to non-users of crypto by reaching out to them, or a non-premined network that is lacking in dynamism and innovation ?
Yes selling pressure will come from big holders, but they would be stupid to start selling now IMHO. They should wait for DASH to be at least at 0.1 BTC.
You think 0.1 BTC is too high ? Well, some of the big holders know they are going after the king bitcoin, their vision is to overtake BTC long term.

Now I agree that this ride is too fast and will correct, but it might bring DASH to another level in the short term so holding might be the best strategy if you are not a trader.

[ddink7]

The first "top" was about 3.57x the price when crossover occurred.
The second "top" was about 2.61x the price when crossover occurred.
The third "top" was about the price when crossover occurred.
 
This time we crossed at 0.016, meaning that:

A 3.57x rise would take us to .0571
A 2.61x rise would take us to .0418

That second time, the top was at only 73% of the previous multiple. If we followed that same pattern* this time, it would take us to 1.91x our crossover point.

A 1.91x rise would take us to .031

*Hardly a pattern when it's only happened twice, but what the hell.

(Tok has said all this before, I'm just regurgitating.)

[TheLazieR]

Is there another update incoming soon? 0.12.1.2 ?

Any info on flipping the switch ?

Minor Released for early update on github v0.12.1.2 : https://github.com/dashpay/dash/releases/tag/v0.12.1.2
Official website will be updated with this new released soon.
For Masternode please also update sentinel v1.0.1 : https://github.com/dashpay/sentinel

[skyline_king]

dam dash is on fire, will we see the 50$ mark soon? i think we will very soon

[aleix]

dam dash is on fire, will we see the 50$ mark soon? i think we will very soon

I don't think so. The value is now too high IMO. We are growing too fast.

We need to see the deployment of the Evolution project (with all the features included) for that. Even then.... i don't know for sure.

The problem is our competitors. In the alt world only Ethereum is a worthy rival.

[ddink7]

dam dash is on fire, will we see the 50$ mark soon? i think we will very soon

I don't think so. The value is now too high IMO. We are growing too fast.

We need to see the deployment of the Evolution project (with all the features included) for that. Even then.... i don't know for sure.

The problem is our competitors. In the alt world only Ethereum is a worthy rival.

X-posted from Dash Nation Slack:

I've seen several people in this slack who are worried about when the correction will come. This is very reasonable, and commendable even. Don't get caught up in the FOMO. I don't see a correction coming on the price of Dash (other than the typical oscillations, but nothing like going back to .017 or anything). It's important to remember that technically DASH is not worth $26 apiece. DASH is worth .022 BTC each, and BTC is worth 1160 each.

DASH's actual price (in Bitcoin terms) is at a reasonable level that we've seen several times before. As @toknormal  points out, there is every reason to believe that this price can and will climb in the coming weeks/months.

The second thing to remember is that the vast majority of our USD price gain comes from the BTC rise. We were at .0245 a year ago (or was it two?), but at that time our price was only $6, because BTC was sub-$300.  The reason we're seeing such high valuations right now is because we are increasing in price (in BTC terms) while BTC is increasing in price (in USD terms).

I fully expect a correction of BTC before the ETF news comes out, but of course I could be wrong. Also, a successful ETF throws all the charts and TA out the window.

Try not to think of it in terms of "Dash went from $8 to $26, so when is the bottom going to fall out?" Try to think of it in terms of "Dash went from .016 to .022, which is a reasonable increase over a couple month period." IMO of course...not investment advice, etc.

[Cryptorials]

Wow, Dash worth more than Litecoin! Well done, that's amazing.

[MahaRamana]

dam dash is on fire, will we see the 50$ mark soon? i think we will very soon

I don't think so. The value is now too high IMO. We are growing too fast.

We need to see the deployment of the Evolution project (with all the features included) for that. Even then.... i don't know for sure.

The problem is our competitors. In the alt world only Ethereum is a worthy rival.

Why are the competitors a problem ? Is there place for only two players ?

The whole crypto market weighs around 22 billion only. That's a drop in the bucket. It could easily go to 1 trillion in the next few years. That's up 50 times.

Also, Dash has the potential to grow beyond Ethereum.
Ethereum suffers from a very poor branding choice. Who will remember Ethereum in an elevator conversation ? Who wants to pronounce or write Ethereum ? I just wrote it 4 times but it was painful. Seriously, they could rebrand, but are they going to ? When are they going to realise that this name is TERRIBLE ? And the past fork making it being used twice makes the issue worse. Just for that reason, I don't see Ethereum being able to compete with Bitcoin.

But Dash, Dash, Dash ! It's a joy to write, to say and easy to remember. Dash is Digital Cash! Absolutely brilliant name and brilliant vision of the organisation.

[kointrend]

28.44$-202k mrk

Fuck, I can't do anything more than watching chart.

[FiniteByDesign]

Did you know that before it was named DASH, it was known as DRK?

This is the only physical representation in existence and only 100 were made or will ever be made. 3 - ten packs remain in inventory - get yours while they are still available.

http://finitebydesign.net/product/10-pack-darkcoin-proof/

1-70 Sold
Only 3 (10 packs) left

[tungfa]

Dash 0.12.1.2 is released
(Not Mandatory but encouraged to update)

https://www.dash.org/wallets/

Release Notes:
- Dash Core v0.12.1.2
https://github.com/dashpay/dash/releases/tag/v0.12.1.2
- Sentinel v1.0.1
(added internal Scheduler and bypass option)
https://github.com/dashpay/sentinel/tags

[qwizzie]

28.44$-202k mrk

Fuck, I can't do anything more than watching chart.

yeah, its addictive.. i know

[reffi]

Definitely going to $1000!

[kludzins]

28.44$-202k mrk

Fuck, I can't do anything more than watching chart.

yeah, its addictive.. i know

Agree, thought that run to 20usd maybe 25usd could be beautiful, but 30USD is out of box 

[qwizzie]

here is something to take your thoughts of those charts for a few minutes   

http://www.breakingbitcoin.com/notes/dash-passed-monero-in-market-cap-itll-eventually-be-3-behind-bitcoin-and-ethereum/

[kointrend]

here is something to take your thoughts of those charts for a few minutes   

http://www.breakingbitcoin.com/notes/dash-passed-monero-in-market-cap-itll-eventually-be-3-behind-bitcoin-and-ethereum/

Thanks, so lovely from you! 

[komdo]

Congratulations to DASH community & long term holders !!!

[qwizzie]

Congratulations to the Dash Dev Team, to its community and even to some of our trolls who been with us through this long and entertaining journey.

Sometimes it's the journey that teaches you a lot about your destination.
- Drake

Anyways, enough talking already from my side .. its party time !!