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

[XbladeX]

the fuck is happening to dash? lol it was 0.02 last week O_O 0.06 now!! crazy

I guess pump of the year this time DASH is winner I would say after that pump you should keep away from dash over next 2 years to get some real value.
Good i want whales more pump Dash to make BTC community jealous,  if they will price decline against DASH they will make needed changes faster.
Dash will slap BTC developers/miners in face hahaha... Those folks need to work and make solutions and that is possible with fear of losing ground

[raze182]

PS: From more moral reasons I would keep away from Dash (that instamine part)

Every cryptocurrency is "instamined". Even Bitcoin is 100% owned by less than .03% of the world's population (and that's making some very generous assumptions regarding distribution). Accusations of "instamine" may have some value in the insular world of crypto politics, but on the stage of global financial markets (on which even Bitcoin is still only a minuscule blip) it's completely meaningless. If "instamines" really are an issue from an economic standpoint, then every cryptocurrency seeking adoption on a global scale is in trouble.

[CryptoScientist]

Dash up & up, when almost $1000?))

[Rogerdale]

Short answer: 60% of all DASH is stored in masternodes which generate an 8.5 DASH per month dividend for their owners. Most of these masternode owners are long-term holders who really enjoy getting paid a 9% annual ROI for doing nothing but running a node.

More people want to buy DASH, but these masternode owners are not being enticed to sell their holdings, meaning you have more buyers competing for very few sellers. As the price rises, maybe owners of DASH will be enticed to sell their holdings. Considering that many of us think DASH is worth way more than $70 each, it could take awhile...

There is a small problem - all master node owners won't be able to redeem their Dash. Because if they try to do this, the price will dump to the bottom.

[iCEBREAKER]

PS: From more moral reasons I would keep away from Dash (that instamine part)

Every cryptocurrency is "instamined".

Are you lying on purpose or just not understand what an Instamine is?

Bitcoin's emission has never deviated from the underlying mathematical algorithm.  Ditto for LTC, XMR, and 99.9% of all coins.

Only Dash botched its launch with a "bug" and refused to do the right thing by relaunching after it was fixed.

The Masternode HYIP Ponzi compounds the centralization effect of Dash's Instamine, as does the ex post facto emission reduction.

I'm not the only one who thinks that provides near-certainty Evan The Instaminer did it on purpose.

I grant you it's not CERTAIN that Evan got a shitton of coins. It's still LIKELY given the circumstances.

What really made me WTF in your post is the "changing mind" thing about the emission schedule. That should not be changed lightly, if at all - you should know this.

[legati]

dash easy goes to 0.1 btc in per days

[XbladeX]

PS: From more moral reasons I would keep away from Dash (that instamine part)

Every cryptocurrency is "instamined". Even Bitcoin is 100% owned by less than .03% of the world's population (and that's making some very generous assumptions regarding distribution). Accusations of "instamine" may have some value in the insular world of crypto politics, but on the stage of global financial markets (on which even Bitcoin is still only a minuscule blip) it's completely meaningless. If "instamines" really are an issue from an economic standpoint, then every cryptocurrency seeking adoption on a global scale is in trouble.

But in Bitcoin even big disproportions don't give you to much power directly with Dash and mastednode system and voting it cause that instamine really matters. With Dash you have fear that few guys with biggest pockets will decide where money for development goes and stuff like that.
This is main reason of danger with Dash.
In my country i look to much how "friends" of government are overpaid for delivering shit

***
Bitcoin in that matter is much more fair only some of those population (.03%) have to put money from own biggest pocket to move BTC forward.
BTC don't tax small BTC holders for development biggest BTC holders have reasons to invest in bitcoin development.
And they have reasons to do it more efficient than DASH.
In Dash masternode system tax all Dash holders indirectly, here we have big difference between systems.

BTC system for me is more honest because I don't like community taxation this is more like in socialism.

[Thegodzilla]

Just sold for 2btc profit, I'm out. Thanks dash

[AzzAz]

Troll swarm! What to do?
 Ah yes, buy few DASH and prepare popcorn!

Hmm these trolls are so caring...cute

[AzzAz]

Just sold for 2btc profit, I'm out. Thanks dash

I've seen that same post so many many times...Not to mention price at those times.
Tell us when you buy will y'a?

[toknormal]

PS: From more moral reasons I would keep away from Dash (that instamine part)

LoL !

I think I'll start "Churchcoin". Looks like there's a market. Could partner with "Democracy Coin" for those who think markets work like democracies

[mrmind]

冲击到月球，我们中国现在将交易冲刺

[HR]

the fuck is happening to dash? lol it was 0.02 last week O_O 0.06 now!! crazy

I guess pump of the year this time DASH is winner I would say after that pump you should keep away from dash over next 2 years to get some real value.
Good i want whales more pump Dash to make BTC community jealous,  if they will price decline against DASH they will make needed changes faster.
Dash will slap BTC developers/miners in face hahaha... Those folks need to work and make solutions and that is possible with fear of losing ground

Yes this is problably "the big one", if not for the year, certainly for Dash anyway (I think we'll see others this year that will dwarf the percentage gains seen here though).

As for any sort of rational explanation, by the looks of the limited exchange I've had with developers and holders, I'll have to stick with my initial executive summary from a few days back:

Shiny Happy People (holding hands). https://www.youtube.com/watch?v=YYOKMUTTDdA

The epitome of Dash to Trash? http://lmgtfy.com/?q=dash+to+trash

You know, they named it Dash for a reason, didn't they.  

[ddink7]

Short answer: 60% of all DASH is stored in masternodes which generate an 8.5 DASH per month dividend for their owners. Most of these masternode owners are long-term holders who really enjoy getting paid a 9% annual ROI for doing nothing but running a node.

More people want to buy DASH, but these masternode owners are not being enticed to sell their holdings, meaning you have more buyers competing for very few sellers. As the price rises, maybe owners of DASH will be enticed to sell their holdings. Considering that many of us think DASH is worth way more than $70 each, it could take awhile...

There is a small problem - all master node owners won't be able to redeem their Dash. Because if they try to do this, the price will dump to the bottom.

What about all holders of Apple stock? Could they all redeem their stock at the same time? If they tried to do that, would the price dump to the bottom?

Is AAPL worth less because you can't sell the entire marketcap all at once?

[Rogerdale]

Short answer: 60% of all DASH is stored in masternodes which generate an 8.5 DASH per month dividend for their owners. Most of these masternode owners are long-term holders who really enjoy getting paid a 9% annual ROI for doing nothing but running a node.

More people want to buy DASH, but these masternode owners are not being enticed to sell their holdings, meaning you have more buyers competing for very few sellers. As the price rises, maybe owners of DASH will be enticed to sell their holdings. Considering that many of us think DASH is worth way more than $70 each, it could take awhile...

There is a small problem - all master node owners won't be able to redeem their Dash. Because if they try to do this, the price will dump to the bottom.

What about all holders of Apple stock? Could they all redeem their stock at the same time? If they tried to do that, would the price dump to the bottom?

Is AAPL worth less because you can't sell the entire marketcap all at once?

You won't believe it, but yes they can. Anyone who has spare 500 billions can buy Apple as a whole by paying every holder their value.

Apple is a company, it gets profits, it has capital, it has trademark, it has cash on their accounts. What does Dash have of all of that? It just rises because of that ponzi scheme with master nodes. When a master node gets a good real value (equivalent to a house, for example), people will start selling them and a dump will happen. People won't wait for too long. It would be smart to turn your master node to a house while you can.

[ddink7]

Guys, I'm about to make a serious point here.

Do you know what's the best thing about Dash? It's that you haven't seen a single dev pop their head up and start crowing. Not one. The public Dash Nation slack has lots of cheering going on, as might be expected. Lots of community members on this thread are cheering. But you haven't seen one single core dev commenting. You haven't seen one Core Dev pumping. In fact, over on the dev slack, the price increase has been barely mentioned.

Why? Because they're busy working, making Dash better. Because they're busy putting together Evolution, which will be the real game changer. Because $70 is a vindication, but it's nothing in terms of where we're going. It may take one year or ten to get there, but we're headed there.

Cut through the noise and look at what the dev team is doing. I've never seen anything more professional.

P.S. About the price: Is this a bubble? Probably so. Bubbles do deflate, but not all of them burst. Ethereum soared in value from 0.002 BTC to 0.037 BTC before settling at around half its ATH, 0.018 BTC. (Recently it did go as low as 0.007, which is still 3x it's pre-bubble average price).

Our Monero friends soared from 0.003 to 0.0265 before settling around 0.01 (going as low as 0.07, which is still 2x it's pre-bubble price).

Where will DASH go in the short term? Depends on where the "bubble" caps out, but based on ETH and XMR, I'd guess that we'll settle around 40-50% of our ATH price. The good news is that even if $72 is our top and we don't go any higher, we should have a stable price in the $30 - $35 range with about a $227,000 monthly development budget. Not too bad, I'd say.

[bigrcanada1]

Short answer: 60% of all DASH is stored in masternodes which generate an 8.5 DASH per month dividend for their owners. Most of these masternode owners are long-term holders who really enjoy getting paid a 9% annual ROI for doing nothing but running a node.

More people want to buy DASH, but these masternode owners are not being enticed to sell their holdings, meaning you have more buyers competing for very few sellers. As the price rises, maybe owners of DASH will be enticed to sell their holdings. Considering that many of us think DASH is worth way more than $70 each, it could take awhile...

There is a small problem - all master node owners won't be able to redeem their Dash. Because if they try to do this, the price will dump to the bottom.

What about all holders of Apple stock? Could they all redeem their stock at the same time? If they tried to do that, would the price dump to the bottom?

Is AAPL worth less because you can't sell the entire marketcap all at once?

You won't believe it, but yes they can. Anyone who has spare 500 billions can buy Apple as a whole by paying every holder their value.

Apple is a company, it gets profits, it has capital, it has trademark, it has cash on their accounts. What does Dash have of all of that? It just rises because of that ponzi scheme with master nodes. When a master node gets a good real value (equivalent to a house, for example), people will start selling them and a dump will happen. People won't wait for too long. It would be smart to turn your master node to a house while you can.

Actually dipshit...we do have all that.  thanks for doing your research.  good grief!  Have your REALLY looked and researched what DASH is and is DOING?!?

[AzzAz]

Short answer: 60% of all DASH is stored in masternodes which generate an 8.5 DASH per month dividend for their owners. Most of these masternode owners are long-term holders who really enjoy getting paid a 9% annual ROI for doing nothing but running a node.

More people want to buy DASH, but these masternode owners are not being enticed to sell their holdings, meaning you have more buyers competing for very few sellers. As the price rises, maybe owners of DASH will be enticed to sell their holdings. Considering that many of us think DASH is worth way more than $70 each, it could take awhile...

There is a small problem - all master node owners won't be able to redeem their Dash. Because if they try to do this, the price will dump to the bottom.

What about all holders of Apple stock? Could they all redeem their stock at the same time? If they tried to do that, would the price dump to the bottom?

Is AAPL worth less because you can't sell the entire marketcap all at once?

You won't believe it, but yes they can. Anyone who has spare 500 billions can buy Apple as a whole by paying every holder their value.

Apple is a company, it gets profits, it has capital, it has trademark, it has cash on their accounts. What does Dash have of all of that? It just rises because of that ponzi scheme with master nodes. When a master node gets a good real value (equivalent to a house, for example), people will start selling them and a dump will happen. People won't wait for too long. It would be smart to turn your master node to a house while you can.

Wait, wait: What is ponzi there, explain please

[@Hakermania@]

what do you think dash will go over 100 dollars?

[Rogerdale]

You won't believe it, but yes they can. Anyone who has spare 500 billions can buy Apple as a whole by paying every holder their value.

Apple is a company, it gets profits, it has capital, it has trademark, it has cash on their accounts. What does Dash have of all of that? It just rises because of that ponzi scheme with master nodes. When a master node gets a good real value (equivalent to a house, for example), people will start selling them and a dump will happen. People won't wait for too long. It would be smart to turn your master node to a house while you can.

Wait, wait: What is ponzi there, explain please

Masternode holders get interest payments from newly generated Dash coins, and they are encouraged to hold their coins as long as possible to continue getting these interest payments. Isn't it enough?