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

[bigrcanada1]

wow...so original. The new "Cut'n Paste" BREAKER LOL

How is your accumulating of DASH going there Icey?   

Remember....we are now all on to you.  We know you are a DASH whale trying to pretend to be a troll and fuddster...when in fact you are one of us and are accumulating DASH. 
Keep cutting and pasting your old material....what I'd like to know is how many masternodes you actually have...   shhhhhhh.

Your secret is safe with all of us.  LOL

[iCEBREAKER]

Whether people like it or not the name change is the trigger for this... Whatever the tech, its all wrapped up in the brand, tech and community.. If google suddenly changed their name to wobble then it would cause some consternation, we are seeing the same...

If the new name does not work out, like other coins Dark will die.. I dont think that will happen, I subscribe to the more positive view, but the risks did just get greater and for some people those risks may not be ones they can tolerate.....

I dont think this is all down to traders....

Lets see what happens..

Oh I am loving this,  at these prices more people have access to creating masternodes. Below 3,000 dollars is great pricing I am getting ready to get a couple more MNs.  This way new interested investors can create their nodes and no one can say it was too expensive to invest, this is the chance for Average Joe to invest in nodes.

How much revenue does a masternode generate a month approx.?

I will answer you in terms of DASH ROI, the value in FIAT will of course depend on the price.

Requirements

In order to run a Masternode, an investor needs to buy 1000 DRK/DASH as collateral. These coins remain in control of the investor, but he needs to put them into one of his addresses and associate that address with the node.  The network checks that the node is running and that the funds are not moved, this classifies as a valid Masternode and then it is eligible to get paid.  With each mined block on the network a Masternode from the active Masternode list is selected and gets a payment, when all masternodes on the list are paid, the payment cycle starts again.
When there are updates in the software the Masternode operators have 7 days to update to the latest version, after that, they are dropped from the active Masternode list and stop getting paid until they update.

DASH ROI

You can estimate like this:

- Currently Masternodes get 40% of the block reward.

- The minimum block reward in DASH(DRK) is 4.65 DASH at this moment. I will assume difficulty is high enough so that we are dealing with the minimum reward for a worst case scenario situation, sometimes there are blocks with higher rewards. The minimum DASH block reward decreases by 7% annually to avoid abrupt block halvings, that already happened earlier this year so 4.65 DASH will be valid until next year.

- Average block-time in DASH is 2.5 min, so there are ~576 blocks per day. So 576*4.65DASH*40% = 1071.36 DASH alloted for the whole masternode network currently, we need to divide this by the 2300MN active masternodes. This gives us

 ~Monthly masternode income = 13.97 DASH
 ~Current Minimum DASH Annual ROI = 17%*

*This will change and go up throughout this year as the masternode network reward share will continue to increase each month to incentivize node creation following this schedule:



IMPORTANT:

-So in the end it will really be more than my estimation above as the reward share will continue to increase each month until it reaches 60% March 2016.  

-Having said that the number of Masternodes will also likely increase so I think it is safe to say tha the minimum annual return for a node in DASH should be around 20-25 %

-Now the return in FIAT could be a lot more if the coins appreciate in value year to year.

- Finally, and very important you always retain control of your 1000DASH and are able to liquidate them at any point you wish, you would then obviously just stop getting paid.

I really hopes this helps.

 

When advertising and soliciting sales for a HYIP, it is proper to disclose risks along with the potential rewards.

If you're going to offer financial advice at least try to be even-handed about it.  The pumper/shill/cheerleader thing isn't a good look.

A Ponzi Scheme is a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.  All Ponzi Schemes are destined to collapse.  Ponzi schemes and other financial crimes in Phoenix, Arizona can carry serious consequences. If you have been arrested for suspected involvement in an Arizona Ponzi scheme or pyramid scheme, you need a rigorous defense of your rights by a widely-recognized Phoenix law firm.  Similarly, if you believe you have been victimized by a Ponzi Scheme we are uniquely equipped to help.

We have a long history of success that has earned us a well-deserved reputation.

 

A pyramid scheme is also known as an "endless chain." It works like this. Someone offers you a quick way to "strike it rich" through their fraudulent business. You invest a certain amount of cash and get others (friends, relatives) to do the same. Your recruits get more people to join, and it continues like a chain letter. The problem is it can't really be "endless" because at some point you won't be able to find anyone else to join. The chain ends. The money stops coming in.

A Ponzi scheme is a variation of a Pyramid scam, but the difference is Frank Fraudster is only asking you to invest your money-not recruit anyone else.

But instead of paying investors with profits from actual investments, Frank Fraudster pays them with the cash given to him from new investors. When he runs out of new investors, again, everyone loses.

Why isn't this a Pyramid scheme? Because investors are unaware of what's happening and don't need to recruit new investors themselves. However, a Ponzi Scheme will fail for the same reason as a Pyramid Scheme.

Code Section    Penal Code §319-329, specifically §327 (California's Endless Chain Scheme)
What is Prohibited?    Contriving, preparing, setting up, proposing, or operating any endless chain scheme.
Type of Crime    Felony or Misdemeanor -- varies on nature of the crime.
Punishment    State Prison for 16 months, two or three years or up to one year in county jail, probation, fines, restitution, community service.

[bigrcanada1]

Impressive cut n paste skilz LOL

Hey...whatever it takes for you to justify your buying strategy...we're ok with that. 

[iCEBREAKER]

Isn't the first public beta of Evolution scheduled for summer of 2018?

https://github.com/evan82/dash-roadmap

That was written before the core team decided they could break up the pieces and send some out for bit.  There has already been money set aside in the budget system to hire C++ programmers, as well as Java, I think, etc...

and they hope to speed up that schedule a lot.

How's that "hope" working out for you? 

Not very well, since DashDrive is now 4 months past its original "March 2017" deadline AND STILL 100% VAPORWARE.

Even worse, the MIA "June 2016" vaporware of brain.py and classes.py are nowhere to be found.

I bet Duffield is going to steal SIA or STORJ's code, rebrand it to DuffDrive, then attack the original devs when they criticize his shitty broken implementation (because that is EXACTLY what happened with CoinJoin, PrivateSend, and gmax).

[bitcrypto10101]

6 Ways Dash Uses Economics to Solve Technical Problems - Dash Force News

Cryptocurrency, Dash included, is the technological marvel of the modern age, employing innovative approaches to build distributed, peer-to-peer, robust, efficient networks for the transmission of value. However, Dash has a particular advantage over many projects: its tech is balanced by using economic principles to maximize efficiency, not just technological improvements. Here are six ways Dash leverages economics to solve problems that would otherwise be technical.

(Each of these below points has its own article going into greater detail, click the title for the link)

1: Incentivized nodes to enable long-term scaling

Read more: https://www.dashforcenews.com/6-ways-dash-uses-economics-solve-technical-problems/

Interesting.I will watch.

[afbitcoins]

I'm waiting to see what Icey can cut and paste next. Usually its just a post from two pages back, but sometimes a whole year back. Lets see...

[bigrcanada1]

And our Masternode count keeps climbing.   

[alevlaslo]

Growing trends at the moment have only been ltc, dash and monero, everything else has long unfolded

[iCEBREAKER]

What the hell? I just got this from one of my masternodes on Vultr:

Abuse Team  Vultr Staff
2016-04-20 15:13:42
We have suspended your VPS due to information we have received indicating that your account is in violation of our Terms of Service/Acceptable Use Policies, the full text of which is available online at the following URLs for your convenience:

TOS - https://www.vultr.com/legal/tos.php
AUP - https://www.vultr.com/legal/use_policy.php
SPAM - https://www.vultr.com/legal/antispam_policy.php

Monitoring showed a large amount of outbound traffic matching an attack profile which triggered suspension.

Our services are self-managed and we do not provide assistance for analyzing your traffic. You can use utilities such as tcpdump to investigate traffic patterns/data.

Please respond as soon as possible with as much detail as you can provide regarding the activity in question and what you intend to do to ensure it does not occur in the future. If the VPS in question is compromised, you may launch a new one at any time.

Instance destruction may occur if we have not heard from you within the next 18 hours.

Thank you for your cooperation.

-- Complaint Response Team --

What the hell are they talking about?

Sorry, NOW YOU FUCKED UP  

set limitation for connections

configure a firewall and set 2 ruls

open dash used ports
close all port

I did all that! The crappy thing is I can't log in, since it's suspended, so I can't even try to check the debug.log or anything. Nor can I see my usage graph.

Qwizzie: 1000 GB per month. I've been running MNs for almost two years now with zero problems...it's really bizarre. Plus Vultr basically accuses me of launching an attack? WTF?

Running a Dash Masternode is a financial attack on unsophisticated investors (aka Ponzi scheme victims) and violates multiple laws and regulations.

Vultr is doing the legally and ethically responsible thing; they do not need/want the legal and PR liability of having illegal Money Service Businesses (including Money Laundering) running on their hardware.

All responsible VPS and colo providers should actively monitor their networks for (and ruthlessly suppress) Dash HYIP activity.

[noobtrader]

I'm waiting to see what Icey can cut and paste next. Usually its just a post from two pages back, but sometimes a whole year back. Lets see...

i hope icetroll read this quote and reflect upon his action all these 3 years LOL

https://www.brainyquote.com/quotes/quotes/a/alberteins133991.html

[alevlaslo]

Dash has almost caught up with the price of eth and zec, the method is not important, but the result, respect to the team of dash 

[harmani21]

Dash back to familiar 0.065 !!
I dont see it this going anywhere higher it sims hype is over pump have been cut down because the bears are on market.
I dont see 0.1 anytime soon until evolution comes public.RIP DASH FOR NEXT 3 MONTHS

[NibiruHybrid]

"Crypto Bloodbath" Erases Over $10 Billion In a Day - Dash Force News

The cryptocurrency markets have taken a large hit, dropping over $10 billion at the beginning of the week, lead by Ethereum’s decline.

On Monday, the combined market cap of all cryptocurrencies was worth about $92 billion. Within a day, that number had dropped to about $77 billion, a $15 billion loss, now down to a “mere” $10 billion decline. The markets currently stand at around $84 billion, down from an all-time high last month of about $116 billion. Nearly every single major cryptocurrency shows significant 24-hour losses.

Read more: https://www.dashforcenews.com/crypto-bloodbath-erases-10-billion-day/

[MasterMined710]

Dash Force June-July Meetup Contest Winners

Main Meetup Winner:

Wikiwako from Monterrey, Mexico wins 2.2 Dash!

Blockchain Meetup Saturday July 1, 2017
“There were 41 present at the meet up including me and a few helping hands (helpers were students also interested in Dash + the wife). I was surprised at the enthusiasm of the people regarding cryptocurrencies. Specially Dash. No marketing was necessary. It was all word of mouth between friends. Prepared a Google Forms form for registration a week before and 3 days later we had a full room. I’m now getting requests for more talks.”



Wildcard Meetup Winner:

IronVape from Clearwater, FL wins .8 Dash!

Blockchain Meetup 6-21-2017 - Founded Aug 18, 2013
19 RSVPs - approx 22 attendees
Coastal Cantina & Grill
https://www.meetup.com/Blockchain-Enthusiasts/events/239933694



Read more...
https://www.dashforcenews.com/dash-force-june-july-meetup-contest-winners/

[crypto research]

Dash has almost caught up with the price of eth and zec, the method is not important, but the result, respect to the team of dash 

Of course.

[toknormal]

CryptoBud "gets it"

[preach god]

Build a new master node cost close to a dozen dollars, I can not afford to want to reduce the requirements of the master node to allow more people to participate in the main node construction

[NibiruHybrid]

Dash for Sale at 1,800+ Austrian Post Offices, Florida Adds New Dash-Branded ATM - Dash Force News

Dash will be available for purchase at thousands of post office locations across Austria, as well as at a ninth Dash ATM in Florida.

European cryptocurrency exchange Bitpanda, which integrated with Dash this spring, has partnered with over 1,800 post office branches in Austria. This partnership will allow customers to buy vouchers for Dash, Bitcoin, Ethereum, and Litecoin at participating branches. The vouchers can then be redeemed on the Bitpanda website for cryptocurrency. This will allow users to buy from the exchange quickly and in-person, and greatly expand access to digital currencies in Europe.

Read more: https://www.dashforcenews.com/dash-sale-1800-austrian-post-offices-florida-adds-new-dash-branded-atm/

[MasterMined710]

3 Steps to Crash-Proof Dash

The recent “crypto bloodbath” took out tens of billions of dollars in value from digital currency, and Dash was not spared, dropping from $1.5 billion to $1.2 billion over the early part of this week (now back past $1.3 billion). The crash had nothing to do with Dash in particular, but rather reverberations felt throughout the ecosystem as a result of happenings elsewhere in the space. Unfortunately, Dash is linked to the rest of its crypto brothers and sisters, and shares their fate. Fortunately, there’s a few things we can do about it....

https://www.dashforcenews.com/3-steps-crash-proof-dash/

[NibiruHybrid]

BitCart Announces Wearable Dash Wallet For Offline Payments At Festivals - Dash Force News

The Irish startup, which allows users to buy discounted Amazon gift cards with Dash, is developing the wristband wallet in order to solve the major issue of purchases at festivals. According to BitCart CEO Graham de Barra, this targets the younger generations and eliminates the need for carrying, and potentially losing, valuables:

“Festy’s multi-functional wristband is compatible with every Point-of-Sale system where Visa contactless is accepted, as well as on any mobile phone or computer with NFC tags and offline payments using QR codes. This versatility is adaptable to any environment including fields, beaches, camping sites as well as bars, restaurants and conferences. Festy is an affordable, scalable, and secure payment solution, particularly for millennials and Gen Z who don’t want to carry or worry about their wallet, handbag, cash or backpack at every moment during their social calendar.”

Read more: https://www.dashforcenews.com/bitcart-announces-wearable-dash-wallet-offline-payments-festivals/