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

[qwizzie]

Interesting, i did not know that. Why is s dash falling when the market is booming?!

The same reason every altcoin is falling currently, because they are all connected to and influenced by Bitcoin's price movements.
Bitcoin has dropped below $6500 which means it entered a bear market again.

https://www.coinranker.net
https://cointelegraph.com/news/crypto-markets-slump-following-sec-bitcoin-etf-delay

As you can see Bitcoin has only one value, the BTC-FIAT (USD / EURO etc) value. Altcoins have two values, the value against FIAT and the value against BTC.

This means when Bitcoin drops in value, the value of altcoins against FIAT will drop automatically with it. If certain altcoins are also performing badly against Bitcoin itself (against BTC value), you will see an even heavier decline.

Dash is performing pretty stable against BTC value but can't escape Bitcoin's price decline, so it gets dragged down in FIAT value.

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[NibiruHybrid]

Majority of Bitcoin Transactions Are Speculative, Dash Transactions Are Real World Usage

New analysis by Lilita Infante at the U.S. Drug Enforcement Administration has shown that the dynamic between illegal activities and speculation on the Bitcoin blockchain has flipped over the past five years from being predominantly illicit activities to now predominantly speculative activities.

“The volume has grown tremendously, the amount of transactions and the dollar value has grown tremendously over the years in criminal activity, but the ratio has decreased. The majority of transactions are used for price speculation.’’

The article discussed that when Infante first started Bitcoin cases around five years ago that “her analysis of blockchain data showed criminal activity was behind about 90 percent of transactions in the cryptocurrency”. Since then, “illegal activity has shrunk to about 10 percent and speculation has become the dominant driver”.

Read more: https://www.dashforcenews.com/majority-of-bitcoin-transactions-are-speculative-dash-transactions-are-real-world-usage/

[NibiruHybrid]

DEA Agent: Privacy Coins Lack Liquidity and There Are “Ways of Tracking Them”

According to an agent for the US Drug Enforcement Agency (DEA), Bitcoin is used more than its more private competitors due to its higher liquidity.

Speaking on the shift in the most common purpose of cryptocurrency transactions, DEA special agent Lilita Infante said that cryptocurrency has shifted from primarily used for illicit means to a majority speculative purpose. Additionally, according to Infante, the vast majority of illicit transactions are still done in Bitcoin, rather than coins such as Monero and Zcash with enhanced privacy features. This is reportedly because of significantly lower liquidity for these coins.

Read more: https://www.dashforcenews.com/dea-agent-privacy-coins-lack-liquidity-and-there-are-ways-of-tracking-them/

[goldart]

DEA Agent: Privacy Coins Lack Liquidity and There Are “Ways of Tracking Them”

According to an agent for the US Drug Enforcement Agency (DEA), Bitcoin is used more than its more private competitors due to its higher liquidity.

Speaking on the shift in the most common purpose of cryptocurrency transactions, DEA special agent Lilita Infante said that cryptocurrency has shifted from primarily used for illicit means to a majority speculative purpose. Additionally, according to Infante, the vast majority of illicit transactions are still done in Bitcoin, rather than coins such as Monero and Zcash with enhanced privacy features. This is reportedly because of significantly lower liquidity for these coins.

Read more: https://www.dashforcenews.com/dea-agent-privacy-coins-lack-liquidity-and-there-are-ways-of-tracking-them/

I really like this article, I think DASH has been actually much undervalued at the moment.
good information that show how powerful is Dash.

[qwizzie]

Dash isn't *that* private.

It actually is. Dash privacy has never been broken. Unlike Monero (https://www.wired.com/story/monero-privacy/)

Always be carefull around privacy-centric cryptocurrencies (like Monero) that run the risk of having security flaws that could be
applied retroactively to transactions that took place on their blockchain. It could allow observers to dig up
old skeletons buried in the currency's blockchain.



This specific risk does not apply to Dash, due to how Dash handles its privacy.

[iCEBREAKER]

With Dash under $180, 100% of the Treasury budget is required to pay big fat greedy pig Core Group Inc's dozens of generously compensated salaried employees, lawyers, and PR contractor schmucks, leaving nothing for KuvaCash, D-A-CH Embassy, Dash Venezuela, Dash Africa, etc.

Now the massive Dash-denominated Treasury allocation earmarked for paying off Core Group Inc's back taxes won't cover the USD amount due, so we may look forward to more demands that MNOs pony up Dash to be dumped for fiat and fed to the IRS beast of Babylon.

Is that failure-rewarding behavior Satoshi's Vision, or a centralized blockchain start-up with a massive burn rate exceeding its revenue and about to crash-and-burn by overshooting its runway?

[bigrcanada1]

Well...hello friend, see you've been busy on Discord and DASH Central.

 

[qwizzie]

Well...hello friend, see you've been busy on Discord and DASH Central.

  

Yeah, Icey has been busy lately :

* busy failing to drive a wedge between CEO of DashCoreGroup and Dash community on Dash Central through a polling proposal
* busy failing at trolling on this Bitcointalk forum for four years in a row now
* busy failing at trolling on the Reddit channel
* busy failing at trolling on the Discord channel
* busy failing at trolling on the Dash.org/forum
* busy failing at trolling in general

At this point Icey pretty much became an open book to us at the Dash community, an open book that is easy to read but is lacking
both a good narrative and interesting plots. You know .. one of those cheap books you buy for a few bucks in a store somewhere,
read halfway through it and then fall asleep and loose interest in it the next morning, wondering why you picked it up in the first place.

[bamsterdam]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

[qwizzie]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

Next quarterly summary call is scheduled for the 10th of august 2018, which should include the release of the new roadmap
Link : https://www.dash.org/forum/threads/dash-core-group-q2-2018-summary-call-10-august-2018.39895/

With regards to creating a buffer to use in future bear markets, DashCoreGroup started this recentely through a (recurring) budget proposal
Link : https://www.dashcentral.org/p/coreteamcomp0918

With regards to Bitcoin ETF, latest news is that the SEC will decide on 9 Bitcoin ETFs in the next two months. I'm hoping at least the VanEck/SolidX Bitcoin ETF will be approved (seems the most likely ETF to get approved as its coming from reliable exchange Cboe BZX).
Link : https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

Personally i think that Bitcoin will limit its fall to somewhere in the 5k range, if its bearmarket would intensify. At least i hope it does.
Shit will really hit the fan if it drops to 4k (mining getting unprofitable, severe blood in the street for altcoins etc).
 

[lesterdesa]

Thank GOD his alive i miss his JOKE posts .

[JollyGood]

What is new with DASH? Anything to updated? All prices falling in crypo market capital and DASH too but is there anything else?

[qwizzie]

What is new with DASH? Anything to updated? All prices falling in crypo market capital and DASH too but is there anything else?

For news about Dash i suggest you check the "This Week in Dash" articles on Dash Force News, they provide
a nice summary on a weekly basis.

Link :

https://www.dashforcenews.com/

Latest "This Week in Dash" article : https://www.dashforcenews.com/this-week-in-dash-july-30-august-4/

[NibiruHybrid]

TravelbyBit Expands Dash Usage in Australia

TravelbyBit, a digital currency payment processor that focuses on the travel and tourism industry and also “provides travel booking services for digital currency travelers” has been expanding Dash integration across Australia.

Dash Force News caught up with Caleb Yeo, co-founder and CEO, about their company, cryptocurrencies in Australia, and Dash integration. He discussed that they “have over 200 merchants now with new ones coming onboard every day”, and also “have merchants in every major city and state across Australia and they have just launched into New Zealand”. A major cryptocurrency hub has developed in Agnes Water & Town Of 1770, which recently received full Dash integration. Caleb told Dash Force News why their POS systems and Dash is so popular in these towns.

Read more: https://www.dashforcenews.com/travelbybit-expands-dash-usage-in-australia/

[bamsterdam]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

Next quarterly summary call is scheduled for the 10th of august 2018, which should include the release of the new roadmap
Link : https://www.dash.org/forum/threads/dash-core-group-q2-2018-summary-call-10-august-2018.39895/

With regards to creating a buffer to use in future bear markets, DashCoreGroup started this recentely through a (recurring) budget proposal
Link : https://www.dashcentral.org/p/coreteamcomp0918

With regards to Bitcoin ETF, latest news is that the SEC will decide on 9 Bitcoin ETFs in the next two months. I'm hoping at least the VanEck/SolidX Bitcoin ETF will be approved (seems the most likely ETF to get approved as its coming from reliable exchange Cboe BZX).
Link : https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

Personally i think that Bitcoin will limit its fall to somewhere in the 5k range, if its bearmarket would intensify. At least i hope it does.
Shit will really hit the fan if it drops to 4k (mining getting unprofitable, severe blood in the street for altcoins etc).
 

Thanks for the links will check them out. I was 1 day to early for the new roadmap haha im excited to see what will be on there exactly.

Good to hear they created a proposal for it. Although this is something that should have been done already its good that they are working on it now. The dev team like most of us probably didnt expected such a deep bear market and with plenty of room in the budget the probably felt comfortable but the chance of not beeing able to fund the whole dev team should not happen again in the future.

In regards to all the ETF proposals the one we are all waiting for is the vanEck/solidX etf. The problem with is though that the sec can delay their decision on approval once more till feb 2019. I dont have a understanding of all ETF proposals but from what I read the solidx ETF has the most chance bc of Cboe, so if that one gets postponed to feb before being approved and in the mean time all other ETF's will be denied this could lead to some further down pressure coming months.

I would have agreed upon the 5k low for btc if we have had it already before the last uptrend we saw but now we already again at the 6k mark where we have only started our downtrend two weeks ago so if we do break to new lows and all etf's will get denied and the most promising postponed once again I think it can go to 4k. I hope not off course but like markets can be irrational in the upside we saw last year it can be on the down side as well. On the other hand if we can hold 6k zone that would be the 4th time btc would find a bottom in that area which would be pretty bullish imo and confirming we are at the consolidation fase where we are making the new base for the next bullmarket to come.

Either way its risky to sell or buy right now but one thing is certain the bear market will end. We have survived the 2014/15 bear market with much less to show for then we have now and not only dash but the whole crypto ecosystem its not a matter if we get another (this time institutional) bullrun but when it will happen and this for me is a big difference with the sentiment most people felt in the former bear market. Crypto wont die and with a bit of luck evolution will come out when sentiment is turned and dash will once again be market leader of the next bullrun like we did in 2017

[afbitcoins]

any news on the new roadmap? Should be any moment now right?

Markets are depressing I personally think in the worst case scenario for dash when we continue to have a full blown bear market with btc hitting at least 4k, dash will bottom out around $87-120 since that was the top of our first run up back in 2017 and two grand Fibonacci support lines so it would make sense to test that former top between those lines if we have a prolonged continuation of a bear market coming 6 months. We are already at the(normal) 0.882fib retracement line so measured from the beginning of our uptrend so maybe that will give some support as well if btc stays supportive around 6k. I bought some dash yesterday although it seems markets are not quite ready to bounce just yet so it may have been a bit to early.

Although there is a chance we see a prolonged bear market with btc hanging at the edge of the cliff and with the sec probably gonna delay their  decision about the cboe solidx etf till February 2019 we should not get too depressed since the whole marketcap has already declined around 80% from ath which gives me the idea that we are in or will be entering a bottoming fase. So although we can get a continuation of the bear market the most of the losses have already been lost. So its time to cautiously begin to be more optimistic coming weeks/ months and look for nice buy opportunities and not get caught in the capitulation fase by the whales when they want everybody to think crypto or in this case dash is dead.

I was wondering if the treasury of dash cant have something like a saving account build in for the dev team where in times like these in the future they wont have any funding problems during a bear market.

Next quarterly summary call is scheduled for the 10th of august 2018, which should include the release of the new roadmap
Link : https://www.dash.org/forum/threads/dash-core-group-q2-2018-summary-call-10-august-2018.39895/

With regards to creating a buffer to use in future bear markets, DashCoreGroup started this recentely through a (recurring) budget proposal
Link : https://www.dashcentral.org/p/coreteamcomp0918

With regards to Bitcoin ETF, latest news is that the SEC will decide on 9 Bitcoin ETFs in the next two months. I'm hoping at least the VanEck/SolidX Bitcoin ETF will be approved (seems the most likely ETF to get approved as its coming from reliable exchange Cboe BZX).
Link : https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/

Personally i think that Bitcoin will limit its fall to somewhere in the 5k range, if its bearmarket would intensify. At least i hope it does.
Shit will really hit the fan if it drops to 4k (mining getting unprofitable, severe blood in the street for altcoins etc).
 

Thanks for the links will check them out. I was 1 day to early for the new roadmap haha im excited to see what will be on there exactly.

Good to hear they created a proposal for it. Although this is something that should have been done already its good that they are working on it now. The dev team like most of us probably didnt expected such a deep bear market and with plenty of room in the budget the probably felt comfortable but the chance of not beeing able to fund the whole dev team should not happen again in the future.

In regards to all the ETF proposals the one we are all waiting for is the vanEck/solidX etf. The problem with is though that the sec can delay their decision on approval once more till feb 2019. I dont have a understanding of all ETF proposals but from what I read the solidx ETF has the most chance bc of Cboe, so if that one gets postponed to feb before being approved and in the mean time all other ETF's will be denied this could lead to some further down pressure coming months.

I would have agreed upon the 5k low for btc if we have had it already before the last uptrend we saw but now we already again at the 6k mark where we have only started our downtrend two weeks ago so if we do break to new lows and all etf's will get denied and the most promising postponed once again I think it can go to 4k. I hope not off course but like markets can be irrational in the upside we saw last year it can be on the down side as well. On the other hand if we can hold 6k zone that would be the 4th time btc would find a bottom in that area which would be pretty bullish imo and confirming we are at the consolidation fase where we are making the new base for the next bullmarket to come.

Either way its risky to sell or buy right now but one thing is certain the bear market will end. We have survived the 2014/15 bear market with much less to show for then we have now and not only dash but the whole crypto ecosystem its not a matter if we get another (this time institutional) bullrun but when it will happen and this for me is a big difference with the sentiment most people felt in the former bear market. Crypto wont die and with a bit of luck evolution will come out when sentiment is turned and dash will once again be market leader of the next bullrun like we did in 2017

Nice to see some non-trollish posting. Your feelings sound similar to mine regarding the ongoing bear market. I think its getting more risky to sell hoping to buy back cheaper, although could pay off, its not the way I'm playing it though. On weekly scale RSI, is into oversold territory. MACD also.  This tells me we are in an accumulation zone. Playing the longer term game, I've already bought and have buy orders waiting if price drops further. Maybe I'll share my chart later but Dash is getting close to what should be strong support (anything above 0.024 if I recall). I can wait as long as it takes

[afbitcoins]

Thank GOD his alive i miss his JOKE posts .

Oh are they jokes? I thought it was FUD and trolling. However lately iCEBREAKER is sounding more and more like a disgruntled Dash investor. Maybe I'm imagining things.

On the subject of his last post though. The payouts are in Dash, 1 Dash is still 1 Dash. Fiat exchange risk wether benefiting from it when price rises or otherwise when price falls is how its always been. Maybe futures markets can be used to mitigate these risks? But whatever this is not new and just the flip side of when Dash was riding high and there was almost too many riches to spend.

[JollyGood]

The whole market is down. Thinking short term investment on nearly all coins, tokens and ICOs is a mistake so DASH will not be an exception.

The price of DASH has been affected alongside almost all coins. Within a few months things will become clearer but those holding should keep holding because DASH will ultimately increase, hopefully.

[NibiruHybrid]

Fast Money vs. Slow Money, Dash Steadily Increases Adoption for Long-Term Growth

Mike Maples Jr, one of the founding partners of the venture capital firm Floodgate, recently came out with a short analysis between ‘Fast Money’ and ‘Slow Money’ and how they relate to the cryptocurrency market.

Maples described ‘Fast Money’ investors as “treat[ing] the market like it is a voting machine, a pulse of the current times” and ‘Slow Money’ investors as “treat[ing] the market like it is a weighing machine”. He continued to describe how liquidity is very important to ‘Fast Money’ investors since they will come and go from the market in days, weeks, or months, whereas ‘Slow Money’ investors do not really need liquidity since they will hold for years and maybe even decades.

He also pointed out that the terms not only apply to investors, but also startup founders and how they run their companies and seek investors.

Read more: https://www.dashforcenews.com/fast-money-vs-slow-money-dash-steadily-increases-adoption-for-long-term-growth/

[Robin,Hood]

The market (20 coins) as it grew over the years