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

[dishku]

Quick headsup :

Dash price : 0.008404 / $99,75
Price increase over the last 24 hrs : 6,39%

It seems $100 becoming a psychological barrier for this coin but it getting enough power to cross the boarder line to move further ahead. There is big space for this project to continue to the next level once it will get stable above 3 figures level than it will become more attractive for new investors and it will get explode very soon. Right time to accumulate while it is still very cheap.

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[JollyGood]

Something else comes to mind...

I Wandered Lonely as a Cloud....

This thread is getting crowded with poets  

[qwizzie]

ahh, those golden daffodils (https://www.youtube.com/watch?v=d5-KMRUxyug)

Something else comes to mind...

I Wandered Lonely as a Cloud....

This thread is getting crowded with poets  

[WastedLTC]

New video demonstrating community projects built on Dash EvoNet during phase 2 of the Dash Platform Incubator proposal. The prototype DApps and tools shown in video include: EvoWallet, Jembe, Checkout and InStore.

Wonderful video explaining the future of Dash.   

[Midas111]

Talking about coin wealth distribution via number of addresses with lot of coins in it is obsolete.In the beginning of crypto market it had some sense,but today not any more.

Then how do you personally analyze coin wealth distribution and base your centralization view on it, if not through addresses ?
An analysis that should be objective and supported with data / statistics.

The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins. It is mercilessly trashed to oblivion,
because it is in hands of just few people

That statement of yours just sounds very subjective, without any support of data or statistics. Which is why i made my original post in the first place.

Please explain why you think Dash coin wealth distribution is centralized, when addresses (where the coins are in) in fact show the opposite for Dash. Sure exchanges will have
large cold / hot wallets, but that counts for all crypto projects and is not a reason to dismiss coin wealth distribution through addresses for open blockchains.
Not to mention the fact that 68,5% of Dash coin wealth distribution is located outside top 10, top 100 and top 1000 addresses (with Litecoin that is only 35%).

I suspect you dismiss addresses as a means to analyze coin wealth distribution out of hand, because it clashes with your subjective view of Dash. Someone most likely stated on a forum somewhere
that Dash was centralized, which you read, agreed upon without questioning and from that point you started to associate Dash with centralization.

Please show us the evidence that Dash coin wealth distribution is centralized.

With regards to Ethereum investors : what do you think those investors will do with their investments, when they notice Ethereum's netwerk getting increasingly more congested, its gas fees getting increasingly
more expensive and its dapps getting negatively affected by all that ? Ethereum's network is already at 95% utilization thanks to DeFi (mainly due to massive Tether ERC-20 transactions traffic) and there is no short term
solution in sight.

Link : https://cryptoslate.com/vc-ethereum-has-negative-network-effects-needs-scaling-solutions-now/

ETH 2.0 update is launched in phases and its first phase (phase 0) will offer no scaling solution (it just focus on setting up a PoS sidechain and initializing validators). Phase 1 & 2 which focus on
sharding as scaling solution, are years away (ETH 2.0 is a multi-year 2020-2022 update). Even launch date end of 2020 for phase 0 in the ETH 2.0 update, is just a soft target launch date.

Because Iam carefully analizing moves in blockchains of few biggest and some smaller coins for years,I noticed shift during and after last big bull market in 2017.Every single coin was controlled by no more than few people/groups. By control of coins, I mean these people has enough coins in theirs possesion to do what they want on the market.Some of them are connected via different coins,some are not.During and after last bull market,I called them "superwhales" started to dilute theirs coins more and more.One particular "hyperwhale" sent 10000s of BTCs on exchanges 1-2 days before major ETH moves.One reason for that is that they noticed that theirs transactions is not even close so stealthy as they thought,the other is connected with security reasons - that was the time when more and more KYC and AML regulations started and different governments agencies started to show more and more interest in tracking transactions.So,when Iam talking that you cant talk about wealth distribution of coin via how much coins are concentrated in few biggest addresses  is not some mine subjective thinking based on thin air , it is just empirical result of mine experience of tracking coins through blockchains for years.You can find some articles about it on Internet from the people who do same thing as I. Today wealth distribution through addresses gives people only false impression about major decentralization.Nothing more.Iam not thinking that major wealth centralization is valid only for DASH,but more or less for all coins.

Though "superwhales" diluted theirs coins,their market behaviour stay the same.They are playing on market on the same way as before,one twist here and there,but one thing never changed - the more coin wealth distribution is centralized the harder pump/dump occure.Today, only way to know about real wealth distribution of coin is its market behaviour.When some coin supply is significantly decentralized, it is extremely hard to make some quick pump/dump.Without enough supply in the hands it is suicidal.Price rise or fall looks more like streched out sine wave.Good and bad news and coin developpment progress also had influence.

But,when the coin is heavily centralized,level of centralization is correlated with the speed of price rise or fall.More centralization, bigger the speed of rise or fall,because there are much less pressure from other traders.They simply have not enough power even to slow down superwhales.Also ,news and coin developpment has no influence on price at all which is impossible if the coin distribution is truly decentralized. When the coin goes down there are no good news or developpment progress which can stop it.  Also when it goes up,only some major exchange massive theft can make influence on price.We all saw many times crazy volatility in crypto world on a scale unbeliveable to ever happen on Forex or even stock market,except in the case of penny stocks.Massive volatilty on crypto market means that market is very shallow,so that only one big whale in such shallow sea can make tsunami waves.Dash market is very ,very shallow,just look at buy/sell orders which are so thin even with 10x leverage.

About ETH - congestion is result of coin major sucess and every coin with such level of growth would face probably even worse congestion.BTC had it also,but ETH has much more tools to solve it.DeFi bubble is ready to burst soon and though some people are talking about these tokens as altcoins,I dont think the same.It looks more like ICO 2.0 version.As I said before,I think that Dash has more potential than ETH which was really messy(and still is),but problem is that major DASH holders does not know/want to play on long shot,but just to make quick buck through pump/dump coin trashing.Such behaviour can destroy even the best project.

 

i am asking for an analysis that should be objective and supported with data or statistics and this is what i get back ? Seriously ?
Your whole post can still be summarized as subjective, nothing more then a personal opinion. You are still failing to show us an objective
analysis supported with data / statistics on how Dash coin wealth distribution is centralized. And no, stating that you 'have carefully analyzed
moves in blockchains of few biggest and some smaller coins for years', does not count as an analysis that is objective and supported with data or statistics.

I showed you an objective analysis supported with data / statistics that Dash coin wealth distribution is decentralized (almost twice as decentralized as Litecoin).
Source : https://bitcointalk.org/index.php?topic=421615.msg54898722#msg54898722
You just keep throwing back personal opinions and seem to focus more on the whole crypto market then on Dash specific. Lets keep this Dash specific.

This is what our discussion is about :

The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins. It is mercilessly trashed to oblivion,
because it is in hands of just few people

Show me the statistics / evidence that Dash coin wealth distribution is centralized and we can discuss this further.
Otherwise there is really no point at discussing this any further.

I have no hard data that dash is heavily centralized. The price movement like most crypto seems to be always down for the last several years, any upward momentum is beat down within 24 hours. it may be that people are traumatized by years of crashing and every lift is immediately dumped. but the order books show the same matched by and sells as the price is lifted and crashed over and over, so there is definately a bad market maker involved, just l;ike most of crypto it never goes up and stays up.

[TaoOfSaatoshi]

Delivery Services Using Dash as a Method of Payment



The "Stay at Home" order imposed by the Venezuelan government to avoid more infections and the fear of people to contract this virus (Covid-19) has increased the demand for home services. In principle this was an added value of shops, now it is a necessity. The sale of essential items, medicines, medical supplies, prepared food, cell phones were some of the most difficult items to acquire at the beginning of the contingency period in Venezuela. Traders and customers had difficulties in moving this type of products needed for everyday life.

Dash as a crypto currency is full of solutions in Venezuela and the world. Joint efforts of the most important and influential projects such as Dash Help, Dash Mall and Parking, Dash Text and Dash Delivery Service have managed to cover much of the country with training and integration of delivery services...

Read more: https://www.dashnation.com/voices-of-dash-nation/delivery-services-using-dash-as-a-method-of-payment/

Thanks for reading!

[Midas111]

I think the corew group who is in charge of market making should be fired and defunded, obviously dash has spent the last 3 years getting hammered daily. fire them and get some guys who want to see users succeed not just insiders

[qwizzie]

Delivery Services Using Dash as a Method of Payment



The "Stay at Home" order imposed by the Venezuelan government to avoid more infections and the fear of people to contract this virus (Covid-19) has increased the demand for home services. In principle this was an added value of shops, now it is a necessity. The sale of essential items, medicines, medical supplies, prepared food, cell phones were some of the most difficult items to acquire at the beginning of the contingency period in Venezuela. Traders and customers had difficulties in moving this type of products needed for everyday life.

Dash as a crypto currency is full of solutions in Venezuela and the world. Joint efforts of the most important and influential projects such as Dash Help, Dash Mall and Parking, Dash Text and Dash Delivery Service have managed to cover much of the country with training and integration of delivery services...

Read more: https://www.dashnation.com/voices-of-dash-nation/delivery-services-using-dash-as-a-method-of-payment/

Thanks for reading!

That is a nicely written article from Frank Rojas.

[qwizzie]

I think the corew group who is in charge of market making should be fired and defunded, obviously dash has spent the last 3 years getting hammered daily. fire them and get some guys who want to see users succeed not just insiders

That is disappointing to read. Dash Core Group does not engage nor should engage in market making. That is impossible in these free unregulated crypto markets anyways.
The long bear market is not Dash Core Group fault. All altcoins were hit pretty much the same way (80-95% down from ATH), during the same time period (2018-2020).
Some Altcoins have started to recover early, while others will fully recover later (each cryptocurrency has its own long term down and up trend cycle to fully process after all) and some
cryptocurrencies never really entered a bear market to begin with (Tezos / Chainlink).


Source : messari.io

This has nothing to do with only insiders succeeding. This has more to do with Altcoins getting dumped for Bitcoin because of its halving event in May 2020, and it has more likely to do
with Altcoins getting in a situation at the end of its bull market that they were simply overpriced. A huge bull market apparently creates an equally huge and longer lasting bear market.

Currently Ethereum and its DeFi projects are getting a lot of the investors attention. I suspect that will not last as Ethereum network is getting way too congested to handle all that transaction load
and its driving its gas fees to insanely high levels. So the investors attention at some point will flow to other cryptocurrencies.

[Midas111]

I think the corew group who is in charge of market making should be fired and defunded, obviously dash has spent the last 3 years getting hammered daily. fire them and get some guys who want to see users succeed not just insiders

That is disappointing to read. Dash Core Group does not engage nor should engage in market making. That is impossible in these free unregulated crypto markets anyways.
The long bear market is not Dash Core Group fault. All altcoins were hit pretty much the same way (80-95% down from ATH), during the same time (2018-2020).
Some Altcoins have started to recover already, while others will recover later (each cryptocurrency has its own long term down and up trend cycle to fully process)


Source : messari.io

real humans who arent rich wont put with up this shit crashing every 24hours. it has to be fixed or real people who value their lives will leave and find others who do as well

[qwizzie]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

[Midas111]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

Im looking at the charts and seeing a crash almost every day. Its august 2020 this has gone on waaay too long. its time to NOT crrash everyday and stop the nonsense or people who are in the business of improving crypto have no choice but to use brands that dont go down everyday nonstop for years

[qwizzie]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

Im looking at the charts and seeing a crash almost every day. Its august 2020 this has gone on waaay too long. its time to NOT crrash everyday and stop the nonsense or people who are in the business of improving crypto have no choice but to use brands that dont go down everyday nonstop for years

If you look at other charts from other Altcoins you will mostly see the same thing.



Just be glad you are not in Chainlink today.

[Midas111]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

Im looking at the charts and seeing a crash almost every day. Its august 2020 this has gone on waaay too long. its time to NOT crrash everyday and stop the nonsense or people who are in the business of improving crypto have no choice but to use brands that dont go down everyday nonstop for years

If you look at other charts from other Altcoins you will see the same thing.



Just be glad you are not in Chainlink today.

crypto is very ill right now. I personally  was hoping dash would be stronger, and fundamentally it should be, but for some reason it crashes every 24 hours at least once.

[qwizzie]

I think it has to do with Bitcoin current volatility (from $11,900 to 12,473 to $11,970).
It is simply pressing hard on Altcoins right now (including Dash).

[samuraijin]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

Im looking at the charts and seeing a crash almost every day. Its august 2020 this has gone on waaay too long. its time to NOT crrash everyday and stop the nonsense or people who are in the business of improving crypto have no choice but to use brands that dont go down everyday nonstop for years

If you look at other charts from other Altcoins you will see the same thing.



Just be glad you are not in Chainlink today.

crypto is very ill right now. I personally  was hoping dash would be stronger, and fundamentally it should be, but for some reason it crashes every 24 hours at least once.

everything follows on the price of bitcoin, so that the price of other altcoins goes down, the market looks like it is indeed good and bullies, but it doesn't have to keep hitting up, it looks like there is a price correction in bitcoin and altcoin at the moment, well that includes DASH prices and others, take it easy it is not seriously ill. I believe the market will not be bearish again

[Midas111]

Real humans should not invest more then they are willing to risk loosing.
Real humans should not blame others for their own failing investment strategy plan, or their own inability to detect a change in market sentiment (from bull market to bear market for example).

Learn from it, adjust your strategy plan and think ahead next time and don't get emotional over short term price changes, specially when Bitcoin is making large price movements up and down.
I hopefully will do just that too (i also made some mistakes in that area).

Im looking at the charts and seeing a crash almost every day. Its august 2020 this has gone on waaay too long. its time to NOT crrash everyday and stop the nonsense or people who are in the business of improving crypto have no choice but to use brands that dont go down everyday nonstop for years

If you look at other charts from other Altcoins you will see the same thing.



Just be glad you are not in Chainlink today.

crypto is very ill right now. I personally  was hoping dash would be stronger, and fundamentally it should be, but for some reason it crashes every 24 hours at least once.

everything follows on the price of bitcoin, so that the price of other altcoins goes down, the market looks like it is indeed good and bullies, but it doesn't have to keep hitting up, it looks like there is a price correction in bitcoin and altcoin at the moment, well that includes DASH prices and others, take it easy it is not seriously ill. I believe the market will not be bearish again

no you are wrong. everything doesnt submit to bitcoin. bitcoin is the shittiest crypto there is. It seems dash group is a failure. We will be pulling support for dash immediately.  Crashing out coins with jew quips and excuses is untolleranle for peoples money in 2020. Fuck yourselves dash core and retards running dash into the ground like african helicopter pilots. Dash is unacceptable for human use

[qwizzie]

no you are wrong. everything doesnt submit to bitcoin. bitcoin is the shittiest crypto there is. It seems dash group is a failure. We will be pulling support for dash immediately.  Crashing out coins with jew quips and excuses is untolleranle for peoples money in 2020. Fuck yourselves dash core and retards running dash into the ground like african helicopter pilots. Dash is unacceptable for human use

What a moronic view on things.

Latest overview of Altcoins prices :


Go ahead, blame it all on Dash or on the Dash Core group. Pull out of Dash. Who cares.
We don't need people that get spooked that easily and then make these overly emotional outburst posts.

[Midas111]

no you are wrong. everything doesnt submit to bitcoin. bitcoin is the shittiest crypto there is. It seems dash group is a failure. We will be pulling support for dash immediately.  Crashing out coins with jew quips and excuses is untolleranle for peoples money in 2020. Fuck yourselves dash core and retards running dash into the ground like african helicopter pilots. Dash is unacceptable for human use

What a moronic view on things.

Latest overview of Altcoins prices :



Go ahead, pull out of Dash. Who cares.

People who refuse to let rich kids trash the money system. If you cant act responsible you cant be a part of the future of money. bottom line. A unch of p[eople arguing about masternodes while the currency is decimated everyday. Only invest what you can lose is the new dash mantra because it is run like a retarded crack head who blames his uncle bitcoin for being a psychopath. Crashing everyday still in august 2020? in a planet with plaque and disease breaking out, there is no time for spoiled childrens games.

[qwizzie]

bitcoin is the shittiest crypto there is.

So why exactly is bitcoin is the shittiest crypto there is, Midas111 ? Are you going back to fiat ?