NibiruHybrid
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January 20, 2019, 02:38:45 PM |
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Why Is the 5th Birthday So Important in Crypto? The radical new technology of cryptocurrency isn’t all that new, if you consider that Bitcoin is ten years old by now. However, most of the top coins aren’t nearly as old. A quick look through the market rankings over the years will see major projects come and go all the time, with very few lasting more than a couple of years. Dash just celebrated a fifth birthday, a rare milestone for this space. It’s a much more important one than many would realize.
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Revelations86
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For all those thinking of selling, it's important to clarify what's really going on behind the scenes when it comes to price and why you shouldn't panic sell and just continue to hold.
There has been a strong algorithmic price lock put in place between Dash (as well as all other major alts such as ETH, Monero,) and BTC for many months now. This "lock" is driving the price of Dash in the exact same direction as BTC in addition to forcing it into a continuously worsening Dash/BTC ratio. The lock was put in place by most likely the major exchanges such as Bitfinex and Binance or possibly some other big BTC whales with the intention of not destroying the alts, but to protect BTC dominance (all major alts have fallen almost exactly around 80% against BTC) AND to also prevent the alts from rallying while BTC is falling. This is irrespective to any fundamental achievements the alts make, no matter how great they are. They are all moving in exact lock step with BTC price, no matter what. This consistency of downward movement among all major alts in almost the exact same percentage is unnatural and not reflective of a real free market.
Unfortunately, this downward price action is creating a negative feedback loop which is causing more and more people to panic sell (erroneously thinking that the price decline has something to do with Dash when in reality it's being orchestrated on purpose) which leads to more Dash in the hands of exchanges which further strengthens their capability of reinforcing this lock and creating a stronger tie with BTC's price action. As evidence of this, you can see the "bart" patterns which are being done on BTC as shadow effects on the Dash's price charts. The way we can fight this is by stopping the sells and keeping less Dash in the hands of the exchanges. Right now, we still stand 5k + MN strong and we don't have a large circulating supply. All it takes is for one catalyst and the lock will begin to weaken.
I'm also a firm believer in fundamentals and right now, Dash and our community only continues to grow stronger than ever. We are technologically moving in the right direction and adoption continues to spread world wide. There is also a lot of pioneering and industry leading developments in the pipeline (i.e. Chainlocks) and many of us are volunteering our time to help spread Dash adoption in the real world. In my opinion, this lock to BTC can only hold us down for so long until Dash breaks free and can move in it's own path.
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mercedes321
Jr. Member
Offline
Activity: 504
Merit: 1
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January 21, 2019, 10:24:52 AM |
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dash TA looks good, only F. news needed to start reversal
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WastedLTC
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January 21, 2019, 10:25:47 AM |
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For all those thinking of selling, it's important to clarify what's really going on behind the scenes when it comes to price and why you shouldn't panic sell and just continue to hold.
There has been a strong algorithmic price lock put in place between Dash (as well as all other major alts such as ETH, Monero,) and BTC for many months now. This "lock" is driving the price of Dash in the exact same direction as BTC in addition to forcing it into a continuously worsening Dash/BTC ratio. The lock was put in place by most likely the major exchanges such as Bitfinex and Binance or possibly some other big BTC whales with the intention of not destroying the alts, but to protect BTC dominance (all major alts have fallen almost exactly around 80% against BTC) AND to also prevent the alts from rallying while BTC is falling. This is irrespective to any fundamental achievements the alts make, no matter how great they are. They are all moving in exact lock step with BTC price, no matter what. This consistency of downward movement among all major alts in almost the exact same percentage is unnatural and not reflective of a real free market.
Unfortunately, this downward price action is creating a negative feedback loop which is causing more and more people to panic sell (erroneously thinking that the price decline has something to do with Dash when in reality it's being orchestrated on purpose) which leads to more Dash in the hands of exchanges which further strengthens their capability of reinforcing this lock and creating a stronger tie with BTC's price action. As evidence of this, you can see the "bart" patterns which are being done on BTC as shadow effects on the Dash's price charts. The way we can fight this is by stopping the sells and keeping less Dash in the hands of the exchanges. Right now, we still stand 5k + MN strong and we don't have a large circulating supply. All it takes is for one catalyst and the lock will begin to weaken.
I'm also a firm believer in fundamentals and right now, Dash and our community only continues to grow stronger than ever. We are technologically moving in the right direction and adoption continues to spread world wide. There is also a lot of pioneering and industry leading developments in the pipeline (i.e. Chainlocks) and many of us are volunteering our time to help spread Dash adoption in the real world. In my opinion, this lock to BTC can only hold us down for so long until Dash breaks free and can move in it's own path.
agreed! 2018 was rough but still in for the long haul.
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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January 21, 2019, 10:42:04 AM |
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DASH is one of the initial coins added! --------------------------- Today, I am proud to announce the launch of http://gostake.com. Gostake is being launched by a project I am deeply, and passionately, involved with, and is the culmination of the vision of three long-term crypto enthusiasts (myself included). The vision was to create a tool that could address the gap many crypto investors and enthusiast alike face when trying to analyse profitability, income and general coin earning mechanics for coins that generate rewards (Masternodes, Supernodes, POS, etc) Gostake uses historic data to analyse and create projections (based on parameters) to predict future performance. It delivers this information in a summarised, advanced customisable view that incorporates a “What IF” calculator to create projections based on the pertinent variables. These projections can then be shared via a link (retaining the base parameters so they can continuously be tweaked) I would welcome any feedback to improve our product, and/or to incorporate more functionality that you would find useful! Please use the “Contact Us” webform on the website. https://www.gostake.com/-------------------------- here is a example of a view that show 90 days MN income of a true tracked DASH node: https://www.gostake.com/Home/Advance?cur=DASH&aType=MN&from=10/23/2018%2011:41:02%20AM&till=1/21/2019%2011:41:02%20AM&BaseCurrency=NC
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NibiruHybrid
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January 21, 2019, 02:44:20 PM |
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Salamantex POS System Integrates Dash, Makes Merchant Adoption Easier Dash Embassy D-A-CH has inked a deal with point-of-sales system, Salamantex, to integrate Dash into their devices.
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mercedes321
Jr. Member
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Activity: 504
Merit: 1
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January 21, 2019, 03:52:13 PM |
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i got 1 recomendation for dash team.
Each airdrop is pumped or halving or fork that reduced the reward for miners. For example:
ARN announced airdrop, pump happen TRX announced airdrop, pump happen NEO announced airdrop, pump happen BTC forked BCH, pump happen ETH fork, pump happen might rehappen fork postponed LTC halving, pump happen, soon 1 more halving, pump expected. Dash could also make reward decresed or airdrop or something, just a suggestion to not be left behind to much.
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NibiruHybrid
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January 21, 2019, 04:36:40 PM |
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Crypto Recap With the Crypto Lark and Naomi Brockwell – Cryptopia Hack, Grin Launch, and More The show was streamed live simultaneously on the YouTube channels of The Crypto Lark and Naomi Brockwell. We covered a wide variety of topics including Dash’s 5th birthday and 0.13 update, the Grin launch, Cryptopia’s hack, Ethereum Classic’s recent 51% attack, and more.
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NibiruHybrid
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January 21, 2019, 07:51:29 PM |
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Siacoin Lead Dev: 2019 Is the Year of the 51% Attack A recent post by the lead developer of Siacoin outlined the dangers facing proof-of-work mining and predicted that 2019 will be the year of the 51% attack.
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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January 21, 2019, 08:48:27 PM Last edit: January 22, 2019, 04:10:06 AM by qwizzie |
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i got 1 recomendation for dash team.
Each airdrop is pumped or halving or fork that reduced the reward for miners. For example:
ARN announced airdrop, pump happen TRX announced airdrop, pump happen NEO announced airdrop, pump happen BTC forked BCH, pump happen ETH fork, pump happen might rehappen fork postponed LTC halving, pump happen, soon 1 more halving, pump expected. Dash could also make reward decresed or airdrop or something, just a suggestion to not be left behind to much.
The goal of the Dash team is not to promote shortterm pumps, its to increase Dash adoption and strengthen Dash role as a decentralized, instant, low cost payment provider. Also bear markets have little to no effect on short term pump initiatives. Lastly Dash already has a -7% reduction in block rewards every year, next reduction will most likely happen in the next few months.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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mercedes321
Jr. Member
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Activity: 504
Merit: 1
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January 21, 2019, 09:35:35 PM |
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i didnt know that,...bnb also has burn tokens,...good to know, thx
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TaoOfSaatoshi
Legendary
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Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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January 21, 2019, 11:54:02 PM |
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Cash Alternative TV | State of Dash 2019 - Ryan Taylor Interview#DashNation #CashAlternativeTV
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NibiruHybrid
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January 22, 2019, 02:21:46 PM |
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Major Dash Wallet Upgrade for Android and iOS Prepares Users for v0.13 The iOS and Android version of the Dash Wallet gets a major upgrade with many new features including preparing users for version 0.13 and its enhanced benefits.
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TaoOfSaatoshi
Legendary
Offline
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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January 23, 2019, 09:37:50 AM |
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Hullo
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January 23, 2019, 10:46:09 AM |
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When all attention has shifted towards tow new launched privacy coins, it is time to look closer at Dash. At current price Dash is best investment instead of running after untested things. We see privacy coins demand if they have role then Dashcoin with so much adoption and many use cases will be my pick to bet on continuously. Hype and use cases are playing ultimate role in the end.
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NibiruHybrid
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January 23, 2019, 03:01:46 PM |
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First-of-its-Kind Cryptocurrency ATM in Venezuela Closes Merchant Loop Venezuela will be getting its first Cryptobuyer cryptocurrency ATM, which will help complete the merchant adoption loop and enable more financial freedom for Venezuelans.
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NibiruHybrid
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January 23, 2019, 08:09:57 PM |
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Gift Card Service eGifter Integrates Dash with Anypay Partnership A partnership with Anypay has enabled gift card service eGifter to integrate Dash payments.
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