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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723495 times)
afbitcoins
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July 14, 2020, 09:33:10 AM
Last edit: July 14, 2020, 11:04:26 AM by afbitcoins


Its a not much of a dilemma for the masternode owners


qwizzie
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July 14, 2020, 11:27:26 AM

With our annual blockreward allocation reduction of -7,1% those 'more Dash for me' becomes 'same Dash for me' pretty quickly.
This is not even about 'more Dash for me', it is about less circulating supply growth for all of us and less inflation for users.

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
afbitcoins
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July 14, 2020, 11:30:54 AM

I would welcome a fork. I don't think the idea deserves the hysterical response given by some on here. The days of fork fear meaning doomsday for a project should be past us now. Bitcoin hasn't suffered as many feared, it has had numerous forks by now.


Everyone must acknowledge Ryan's proposal has a real (not imagined) risk that it could be wrong. I am sure Ryan himself would admit this possibility even if he thinks it remote
  

In the event of a fork

Ryans idea of altering block rewards can be tested in BOTH directions, sliding the scale towards more proof of work and in the 'main' fork more proof of stake as per the current proposal
ALL dash investors would receive both types of Dash. You lose nothing.
ALL masternode owners get to run masternodes on both forks. You gain masternodes
ALL dash investors get a chance to 'vote' by exchanging  one type for the other if they wish
THE market can decide where the value flows
Valuable information learned about crypto/masternode economics
Lots of publicity.
afbitcoins
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July 14, 2020, 11:33:39 AM

With our annual blockreward allocation reduction of -7,1% those 'more Dash for me' becomes 'same Dash for me' pretty quickly.
This is not even about 'more Dash for me', it is about less circulating supply growth for all of us and less inflation for users.

Yes the supply is designed to decrease over time, we all know that I'm sure. That is nothing really to do with changing the block reward allocation. unless to make you feel better about voting yes
qwizzie
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July 14, 2020, 11:37:33 AM
Last edit: July 14, 2020, 11:56:12 AM by qwizzie

I would welcome a fork. I don't think the idea deserves the hysterical response given by some on here. The days of fork fear meaning doomsday for a project should be past us now. Bitcoin hasn't suffered as many feared, it has had numerous forks by now.


Everyone must acknowledge Ryan's proposal has a real (not imagined) risk that it could be wrong. I am sure Ryan himself would admit this possibility even if he thinks it remote
  

In the event of a fork

Ryans idea of altering block rewards can be tested in BOTH directions, sliding the scale towards more proof of work and in the 'main' fork more proof of stake as per the current proposal
ALL dash investors would receive both types of Dash. You lose nothing.
ALL masternode owners get to run masternodes on both forks. You gain masternodes
ALL dash investors get a chance to 'vote' by exchanging  one type for the other if they wish
THE market can decide where the value flows
Valuable information learned about crypto/masternode economics
Lots of publicity.


Good luck with entertaining those thoughts  Grin
Of course you are free to create a decision proposal for the network about this, though i doubt it will gather much support. I suspect most masternode operators will choose for project stability and will vote
against any kind of dramatic community-dividing hard fork idea.

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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July 14, 2020, 12:12:55 PM
Last edit: July 14, 2020, 03:05:55 PM by toknormal


With our annual blockreward allocation reduction of -7,1% those 'more Dash for me' becomes 'same Dash for me' pretty quickly.

That isn't a reason to increase the masternode block reward.

More Dash does not equate to more value, it just equals the same value redenominated into smaller units. For it to mean "more value" the marketcap needs to increase which it hasn't done for 2-3 straight years.

All this during a period where we've had a split reward when other mined coins haven't, a more ambitious "utility roadmap" when other mined coins haven't and arguably far more promotion that other's haven't.

The exchange rate against the "reference standard" store of value in crypto has been in a continual downtrend since the very first revaluation in April 2014 if you exclude the "pump & dump" in the middle which gave up all of its value & more and now looks as if it's at least as likely to break down out of the channel as up. I'm afraid tribal "Blackcoin" style blind allegiance isn't going to be enough to keep this afloat which is why if things continue on the current course, the best that can be hoped for IMO is a brief "exit pump".

There is no known mechanism by which exposing ever less of the primary coin supply to competitive mining leads to a higher coin value. There is plenty of evidence to the contrary including the fact that every single one of our mined long term competitors that have prevailed in the ranking war does.

We are currently trapped in a state of tribal comfort-zone denial about this. Getting out of denial would be bullish IMHO.

qwizzie
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July 14, 2020, 01:03:55 PM

I sense a Dash price breakout building up, will we pass 0.008160 and convert it into a support level ?
Stay tuned..


Source : https://cryptowat.ch/charts/HITBTC:DASH-BTC?period=30m

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
toknormal
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July 15, 2020, 02:36:24 AM


Wake up people.

Start thinking rather than following.
qwizzie
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July 15, 2020, 03:20:07 AM

Wake up people.

Way too early for me, i am going back to bed.



What Happens When We Don't Get Enough Sleep - Scary Effects of Sleep Deprivation (animated)
Link : https://www.youtube.com/watch?v=68722g3_Vpo



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
Tungi17
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July 15, 2020, 08:08:09 AM

Dash Electrum 3.3.8.6 released:

* PrivateSend: allow start mixing before llmq/protx ready,
stop mixing only if keep amount is available on ps balance
* Enhance "Detect Tor proxy on wallet startup" option behaviour/UI
* DIP3 masternodes: support collateral in ProRegTx output (p2sh addresses
support), other fixes
* Remove legacy masternodes commands from commands.py
* Add UI to handle Other PS coins
* Add separate ps_keystore for PrivateSend operation
* Other fixes

https://www.dash.org/downloads/

JollyGood
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July 15, 2020, 01:33:31 PM

 Grin

How many people here see Dash in their sleep and how many people stay awake because they cannot stop thinking about Dash?


Wake up people.

Way too early for me, i am going back to bed.



What Happens When We Don't Get Enough Sleep - Scary Effects of Sleep Deprivation (animated)
Link : https://www.youtube.com/watch?v=68722g3_Vpo




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BC.GAME
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..CASINO....SPORTS....RACING..


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TaoOfSaatoshi
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July 15, 2020, 02:15:58 PM

Stoking Passion for Dash with the Dash Nation Movement
 
It's so important to have an engaged, passionate community in all aspects of bringing a disruptive technology such as Dash to the global marketplace. Passionate people make the best teachers, relentlessly educating others about the benefits of digital currency. How is the newly-revived Dash Nation movement helping to provide a sense of belonging? Find out on this proud episode of CATV.

Dash Nation information and guide:
https://www.dashnation.com/guide



Thanks for watching!

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July 15, 2020, 03:07:13 PM


It looks like Hurricane ZCASH is coming after us ... a few days ago I talked about IOTA when it was 50 million less than us.

We talked months ago about the ETC biburcation that no one was betting a penny to keep it up there, the same for BSV which was claimed to be a scam fork ...

What remains for DASH not to lose the top 50 before the end of 2020?

I understand that many will see this possibility as impossible, but if we stick to what is happening in recent years, it is inevitable to get to this point.

I've been following the growth of Dash wallets for years, I mentioned it a long time ago, and we've been stuck at 1.3 million for many months ... where is that real use?

IF a token is used and changes hands, new wallets appear, but nothing appears here.

Do you know what the reason is?

I do know.

The reason is that Dash is not in fashion, nor will it be if the master nodes don't make a decision now.

There are people who expect to see a run bull that takes Dash to $ 1000 or so, but that will not happen ... unless BTC flies and drags us under its shadow, Dash will lose market value, and an increasing budget for grow up.


DCG will increasingly strangle that budget for its pockets, and will gradually close alternatives to make Dash great, promising us over and over a thousand things that do not come.

They promise us costly makeovers that are useless, active marketing that gets us nowhere, a platform that thousands of people will use to build on it ... no, no and no ...

Get big first by showing off what you already have, and then shop for pretty clothes and show off Central Park South.

If this were a basketball game we would be losing 50 points in the last quarter, and without good substitute players on the bench.

What we have is not working, that is the reality.

@Qwizzie will come and give his always positive opinion about Dash ... but he does not convince me, I am in Dash because I know him ... but almost no one knows him because money is wasted many aspects that do not reach the ordinary people.

It would be cruel now to talk about Chainlink, Atom, Tezos ... but who doesn't feel some envy?

We have a very good technology, it could be even the best, but deep down we know that only with a good play you don't win a game that you lose from 50, something else is needed.

I am not looking for culprits, since reality is going to hit them soon, I am just saying that 5000 master nodes should move their ass at once, and take the lead.

Evan left Dash in the hands of a team ... what has happened to Dash since then?

Good luck and greetings
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July 15, 2020, 03:46:07 PM
Last edit: July 15, 2020, 04:31:37 PM by qwizzie


Evan left Dash in the hands of a team ... what has happened to Dash since then?

Good luck and greetings

A lot has happened to Dash since then :



Note : each of these little text fields can be clicked on in the actual roadmap to provide more details. The actual roadmap also includes update v0.15, but that could not fit in my screenshot.
Link to actual Dash roadmap : https://www.dash.org/roadmap/

Evan never had to deal with a three year long Altcoins bear market, coming down on us all hard. Or had to deal with the corona virus outbreak spooking institutional investors, who started to classify
crypto assets in general as being too risky at the time, thereby prolonging and strengthening our Altcoins bear market. Evan also did not have to deal with an expanding Dash circulating supply growth
and the problems that come with that. Circulating supply growth problems that only really started to emerge after he left.

I understand that these are troubling and emotional times to people who are monitoring Altcoins on price, marketcap and marketcap ranks, but just keep in mind all bearmarkets at some point will come to an end.
We had one hell of an Altcoins bull market in 2017 and the market re-balanced that by giving us all an even larger one hell of an Altcoins bear market.
Learn from this. Don't over invest next time. Build-up reserves. Have patience. And most importantly : don't let your emotions cloud your judgement during bear or bull markets.
 
These are difficult lessons to learn for sure, i am still learning them myself.


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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July 15, 2020, 04:47:15 PM


Evan left Dash in the hands of a team ... what has happened to Dash since then?

Good luck and greetings

A lot has happened to Dash since then :


Note : each of these little text fields can be clicked on in the actual roadmap to provide more details. The actual roadmap also includes update v0.15, but that could not fit in my screenshot.

Link to actual roadmap : https://www.dash.org/roadmap/

Evan never had to deal with a three year long Altcoins bear market, coming down on us all hard. Or had to deal with the corona virus outbreak spooking institutional investors, who started to classify
crypto assets in general as being too risky at the time, thereby prolonging and strengthening our Altcoins bear market. Evan also did not have to deal with an expanding Dash circulating supply growth
and the problems that come with that. Circulating supply growth problems that only really started to emerge after he left.

I understand that these are troubling and emotional times to people who are monitoring Altcoins on price, marketcap and marketcap ranks, but just keep in mind all bearmarkets at some point will come to an end.
We had one hell of an Altcoins bull market in 2017 and the market re-balanced that by giving us all an even larger one hell of an Altcoins bear market.
Learn from this. Don't over invest next time. Build-up reserves. Have patience. And most importantly : don't let your emotions cloud your judgement during bear or bull markets.
 
These are difficult lessons to learn for sure, i am still learning them myself.




Thank you for your always polite and reasoned responses.

I accept that yes, things have been done, but basically, I mean the economic cost of what DCG has done compared to the cost of what Evan achieved.

How much has DCG spent in total since they took over?

How much does Evan spend?

Good programmers are expensive, I know, but so much?

We have not announced before the super bowl, but the budget money has been "invested" in this relative progress.

I also accept your stance on a long-term bear market, but don't you think that if DCG had done as many awesome things as it gets, Dash would be on everyone's lips?

Nobody is perfect, I am not, but I think that if I manage the budget that DCG has managed in recent years, things would be very different.

DCG's policy was; first we create something good, then they will come.

Well, something has been created that seems very good ... or is it not as good as we think? ... I think it is, but perhaps I see it with the eyes of a fool in love.

I ask people on the street often, if they know what BTC is, and yes, they do.

I ask if they know what Ethereum is, and some do, or have heard it somewhere.

I ask about Dash, and the most I've managed to do is tell me that the Kardashians have a clothing store with that name.

I didn't invest significant money here, I just got in a good time, and traded well in a bull market that brought me a lot of free Dash.

Would I put the money I have here invested today?

Well, it's a difficult question, but I have doubts if I would ... maybe a part, but not all.

I'm on the Dash boat, and I don't want it to sink, so I'm critical.

Michael Jordan was not in the best team in history being benevolent with his teammates, he was a dictator, and very tough, and this led them to be better.

Here, you need a charismatic leader, and capable of being tough when necessary ... I only ask for that. And if not, that the big holders in master nodes present a new proposal ... it's that simple.
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July 15, 2020, 08:42:25 PM

well Monero goes away... Not Marketcap, but PRICE. As Talk says WAKE UP!
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July 15, 2020, 09:22:30 PM
Last edit: July 15, 2020, 10:04:13 PM by qwizzie

well Monero goes away... Not Marketcap, but PRICE. As Talk says WAKE UP!

Here is a chart which compares Dash price in USD (blue) with Monero price in USD (red) over time :


Source : Tradingview, 1W interval, Poloniex

Looking at the chart i think that Dash and Monero are following each other with regards to price pretty closely, ever since late 2019.
This has been going on a long time, not something to suddenly wake up about or stress about.
Price of both coins is basically going sideways.

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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July 16, 2020, 12:29:16 AM


Problem is that if you issue half your supply for free, like it popped out of a cornflakes packet instead of subjecting it to competitive mining then the market will just value that element at zero and average it over the rest of the supply.

1000 coins competitively mined where the mining consensus set the price at $100.
1000 coins delivered to holders at a price of $0.

 = total supply value of 2000 x $50.
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July 16, 2020, 08:21:28 AM

New hashrate ATH again. 7 P hash

https://bitinfocharts.com/comparison/dash-hashrate.html

Better health than ever in the Dash block chain.

Good luck
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July 16, 2020, 08:30:07 AM

Who would choose to invest in Monero over Dash?

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..CASINO....SPORTS....RACING..


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