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

[mangox]

Funny, that's what I was thinking.  And then today, the price starts to go up again Tongue

a moment when the candle melts ACCEPT ETF for BTC

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[kointrend]

While the price of DASH could certainly "crash" or "correct" in a major way at any time, I would encourage people to think a little bit beyond the bubble paradigm.

Dash has:

a) InstantSend which allows transactions to be treated as fully confirmed in less than four seconds.

b) PrivateSend which allows for financial privacy, or not, as you see fit.

c) Governance model that doesn't rely on only miners, but instead focuses on holders of the currency (masternodes) whose interests are more aligned with the success of the currency. Our governance model allows for voting by owners of the currency so that consensus can be sought rapidly for changes or budget proposals.

d) Funding. At present, we have a $3.8 million annual budget that we can use to do anything that helps the currency. We can pay full time developers, project managers, marketing and public relations people; we can fund integrations with exchanges and other services, and so forth. The higher our price goes, the more funds we have to make our network more valuable, which means our price will go still higher...it's a positive feedback loop.

e) Working on Evolution, which will make cryptocurrency usable to ordinary people. Mass adoption, anyone? Babygiraffe posted a great article about PayPal One Touch in the dev slack. Features like that would really take Dash a long way.

It's possible (I think likely) that the recent price increase is a permanent revaluation of our currency. While we may give up some of our gains in the short term, I think it unlikely that we'll ever "return to the mean." Try not to fall victim to the anchoring heuristic, where you assume since something has had a certain price for so long, that must be the only price it can ever have.

At the same time, don't FOMO/hype buy.

At some point it's a natural fase, always happens so...



 

[TanteStefana2]

At some point it's a natural fase, always happens so...



 

Oh, is that otoh?  I KNEW IT!  otoh is the most interesting man in the world!

[forzendiablo]

DASH is great luckily i have been holding it
watch EXCL on Bittrex too - PoS clone of DASH, will pump like DASH soon.

2 best coins.

[Nausicaa]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

[jubalix]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

[jiggytom]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

[jubalix]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

Thats not really and explanation, nor does the semanticisation of premine cut it. It's more an exercise in apologetics

what it means is someone is sat with 15%~20% of supply. Who cares what it was called only the maths matters.

To try and follow up and say most dash was purchased on the open market, does nothign to say their is a a larger single holder.

[Lebubar]

Mining was open to everyone who wanted.

[jiggytom]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

Thats not really and explanation, nor does the semanticisation of premine cut it. It's more an exercise in apologetics

what it means is someone is sat with 15%~20% of supply. Who cares what it was called only the maths matters.

To try and follow up and say most dash was purchased on the open market, does nothign to say their is a a larger single holder.

Then nothing for you to see here, move on.

[bigrcanada1]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

BLAHBLAH BLAH.

wow...could it be possible that you could talk about more irrelevant OLD news from years ago?  probably not.  I don't remember seeing you here in the beginning mr. genius.  I was here...and I'm one of the community holders that voted on what to do about it, we didn't care about it then...and I still don't care about it now....so bugger off with your BS.

[kointrend]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

BLAHBLAH BLAH.

wow...could it be possible that you could talk about more irrelevant OLD news from years ago?  probably not.  I don't remember seeing you here in the beginning mr. genius.  I was here...and I'm one of the community holders that voted on what to do about it, we didn't care about it then...and I still don't care about it now....so bugger off with your BS.

Besides do you really think that after three years, various and considerables spikes in the price, at least a considerable stack of the supposed 10% 20% instamined holding it's not been fairly distributed? Sometimes including good ideas fall off and no one is secure about the future, more in crypto, so, if you really think the istamined coins are still in the originary hands because they was secure of the bright future of Dash, you think less of the necessary.

[bandidorl]

So that instamine thing again?, So boring...

[tungfa]

The Dash Network is Worthy of Attack! | DASH: Detailed

https://youtu.be/IkKKRJLeDBA

[MasterMined710]

New to the community, but have been lurking for too long. I have an Exodus wallet, with a couple of hundred dollars worth of bitcoin ready to put into an anonymous cryptocurrency. To me, it looks like bitcoin will never fulfill its promise as a p2p internet money. But if it fails, can Dash take over its space?

All those ATMs, slaved to bitcoin – could they be repurposed to dispense Dash? Do you see such a thing happening? I’d like to buy in, after a pullback in price, but see the possible failure of bitcoin as a dark swan pointing a bloody sword at Dash. Or am I off base here?

You have to wonder....my concern about dash is the "bug" that awarded someone 10~20% of supply?

Has been discussed many times, here is the official stance: https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/

Thats not really and explanation, nor does the semanticisation of premine cut it. It's more an exercise in apologetics

what it means is someone is sat with 15%~20% of supply. Who cares what it was called only the maths matters.

To try and follow up and say most dash was purchased on the open market, does nothign to say their is a a larger single holder.

More like 100's if not 1000's of people "sat with" 10% of the total coin supply.

Most of the coins in the top 20 have a 10-20% premine that went to only one person or very few people, obvious nobody has an issue with those or they would not be the majority of the top coins. Dash has way better distribution than all those coins.



Instamine FAQ
https://dashpay.atlassian.net/wiki/display/DOC/Legacy+FAQ#LegacyFAQ-WasDashInstamined?

My View: Dash’s Instamine Is Not A Problem
http://fintekneeks.com/my-view-dashs-pre-mine-is-not-a-problem/

Was The Instamine A Positive Thing For Dash? 
https://dashdot.io/alpha/?page_id=118

Deep technical analysis of the early mining and distribution
https://bitcointalk.org/index.php?topic=421615.msg15619552#msg15619552

Confessions of a Instaminer Hashman
https://bitcointalk.org/index.php?topic=421615.msg18041424#msg18041424

[tungfa]

Dash Core Team Q4 2016 Summary Call:

https://youtu.be/4te9Yydy8cc

 

[Macno]

I know the Instamine Meme has been very annoying since 2014, but I suggest we should be thankfull now. Otherwise there wouldn't be so many short sellers who keep up the lending rates at Polo way above MN return rates for several weeks now and the price rise would have been much more parabolic and disorderly without the relentless short selling.
Please keep fighting the "Instamine Scam" by short selling into the bull run dear crypto justice warriors!

[ddink7]

@jubalix: How do you like that Bitcoin instamine? One million coins all going to the same person...damn!

[mangox]

@jubalix: How do you like that Bitcoin instamine? One million coins all going to the same person...damn!

probably the greatest share has NSA

[Gi01]

Dash Core Team Q4 2016 Summary Call:

https://youtu.be/4te9Yydy8cc

 

Quite hard to find 2h to follow that

Are there cliffs somewhere?