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

[qwizzie]

Source :

https://twitter.com/swyftxau/status/1300268147736489984?s=21
https://www.reddit.com/r/dashpay/comments/ikg8m9/banking_partners_happy_for_dash_and_other/

Credits : Critical_Input

Turns out only Monero & Zcoin will be delisted on Australian exchange Swyftx. Dash stays listed after all.
That can't be good news to those fanatic Monero fans trolling this Dash ANN thread  

[toknormal]

Turns out only Monero & Zcoin will be delisted on Australian exchange Swyftx. Dash stays listed after all.
That can't be good news to those fanatic Monero fans trolling this Dash ANN thread  

I doubt they'll be too troubled.

Since Dash announced at the start of the year that it was going further dilute the mined portion of its supply there's been a steady and chronic disinvestment of capital and net migration to our competitors that do not do that.

"Insanity is doing same things over and over again and expecting different results".

Could not have put it better myself.

[qwizzie]

Turns out only Monero & Zcoin will be delisted on Australian exchange Swyftx. Dash stays listed after all.
That can't be good news to those fanatic Monero fans trolling this Dash ANN thread  

I doubt they'll be too troubled.

Since Dash announced at the start of the year that it was going further dilute the mined portion of its supply there's been a steady and chronic disinvestment of capital and net migration to our competitors that do not do that.

Source : tradingview

Good lord, that looks very troubling indeed  
Lets all sell now !!!  

"Insanity is doing same things over and over again and expecting different results".

Could not have put it better myself.

"Insanity is claiming there are only 8,000 / 10,000 Dash on Binance in total, by just focusing on sell market orders".

Sum all of sell market orders for DASH on different pairs and you get 8-10000 coins on Binance.

[TaoOfSaatoshi]

A Dash Embassy DACH Update from Jans Heinrich Meyer



Hello Dash community!

Dear masternode owners,

I want to give you a short update about our future plans. Before I start with the outlook, I want to inform you about some major changes in our organisation. But first of all, I want to thank you for funding us during the last cycle. This funding allowed us to pay for liabilities from July and August and saved us from running into insolvency and private debts.
Due to the financial uncertainties of the past two months I decided to cancel almost all contracts we had. This includes the office, associations, contractors and employees. All employees, including Sidem. I offered Sidem to continue working for the Embassy as a freelancer, but he declined due to private reasons. This and the fact that the network doesn’t want us to execute the activities based on the strategy document we have been working on for the last five months, puts me in a very difficult situation, because...

Read more: https://www.dashnation.com/news/dash-embassy-dach-update/

Thanks for reading!

[JollyGood]

With Bitcoin dominance dropping it seems it will make the market a lot healthier but will it last? People panic buy and panic sell as well as participate in pumps and dumps but still I think the dominance will rise over the 60% mark soon.

Yep, our little mermaid does not like my overview and does not like Dash increasing its marketcap each month either.
I can't wait to see what next month will bring us with regards to Top 20 Crypto Assets, ranked according marketcap and category.

Will Dash further increase its marketcap and improve its percentage Down from ATH ?
Stay tuned...

Bitcoin Marketcap Dominance : 56,7%

[toknormal]

Here's what a healthy chart should look like nearly 3 trading quarters after bottoming...



And here's what it shouldn't...



Clearly one of these coins is about to explode and the other is about to...do something else.

That's what the market does to you when you're a mined asset, decide you "don't need all this hashrate" and throw it to the wind.

[qwizzie]

I think most of the Bitcoin dominance dropping has to do with the growth in DeFi tokens, in Ethereum and a few other Altcoins (TRON, NEO, NEM).
We will have to see if that growth continues or not. And if other Altcoins will also experience double digit growth figures as well, kicking off Altcoins Season in earnest.
Last time that Bitcoin hit a low marketcap dominance percentage, it stayed with a low marketcap dominance percentage for a long time (close to 2 years i think ?).

With Bitcoin dominance dropping it seems it will make the market a lot healthier but will it last? People panic buy and panic sell as well as participate in pumps and dumps but still I think the dominance will rise over the 60% mark soon.

Yep, our little mermaid does not like my overview and does not like Dash increasing its marketcap each month either.
I can't wait to see what next month will bring us with regards to Top 20 Crypto Assets, ranked according marketcap and category.

Will Dash further increase its marketcap and improve its percentage Down from ATH ?
Stay tuned...

Bitcoin Marketcap Dominance : 56,7%

[qwizzie]

Demo of DashPay Contacts and Notifications & AMA with Product Owner Brian Foster
Link : https://www.youtube.com/watch?v=9Bteg8ljwUs&feature=youtu.be


Livestream

[jdmcg]

Here's what a healthy chart should look like nearly 3 trading quarters after bottoming...



And here's what it shouldn't...



Clearly one of these coins is about to explode and the other is about to...do something else.

I still contend that these cryptos are still all largely speculative assets and the prime driver is BTC. Right now, BTC goes up, alts go up more... BTC goes down, alts go down. Much better than a year ago where BTC went up, alts went down and BTC went down and alts went down even more.

ZEC has been in a technical bull market against BTC for almost 2 months now and against USD for over 3 months. So it's months ahead of DASH.

DASH just entered a technical bull market against USD just 10 days ago and just had a golden cross (100 day SMA crossing above 200 day SMA) just yesterday. It's currently battling the 21 day SMA at about $89.70 so it needs to close the day about $90 and then successively test that as support before it can continue up.

After that it can tackle BTC. It has 3 resistance lines all more or less at 0.0077 BTC (21, 50 and 100 day SMA) so this level forms very strong resistance.

Given the pattern of ZEC and other alts that have already entered bull markets against USD and BTC, I expect DASH to still struggle against BTC for another month.

Of course should BTC break thru $12K it likely will surge up to $14K, propelling DASH thru many of these resistances fairly easily...

[toknormal]

ZEC has been in a technical bull market against BTC for almost 2 months now and against USD for over 3 months. So it's months ahead of DASH.

I think you're just reading what you want to see into the tea leaves. Here's the two charts at identical timescales: there's no "3-month stagger" there. They both hit their bottoms at identical times. Do this for any mined competitor you like and you'll get a similar picture.

The fact is that if you don't subject your supply to competitive mining to endorse its scarcity & primary price and simply inflate it numerically instead, the market will trash you. While the mining ratio is so low the utility features are just gimmicks. You can't pull $5.2 million a week out of an asset worth not even $1 billion - which is what masternodes are doing - and still expect its capital value to accrue.

That is the elephant in the room that nobody in the Dash community appears to want to acknowledge, even though for everybody outside it it's about the only thing that's meaningfull in terms of valuation.

[Pang.]

There is little to say about it. Dash is doing worse than Zcash.

 on other occasions it did better, that's the market.

I think it is stupid to attribute the price problem to the loss of hashrate when we are at all-time highs:

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

The nodes remain close to ATH, and Dash's innovations are on the right track.

If Dash were a Nasdaq stock, I don't think its fundamentals would be bad to invest in relative to its price. Especially comparing it with similar coins that make much less and capitalize much more.

I will always say that DCG's work on advertising and publicizing Dash and its qualities is rubbish, and the budget is spent on mediocre events and publicity with no social repercussions outside the crypto world.

Many coins have surpassed us these days, I do not care if they are Defi or whatever, Dash was in the top 5, and everyone was talking about the important thing that was the coinmarket cap, now that the capitalization is bad, people say no import that rating.

Of course it matters!

LTC doesn't do better than Dash and is a long way from us in capitalization.

As it is, these three months have been painful in capitalization for Dash, and whoever defends otherwise is blind.

[JollyGood]

The latest craze or buzz in the media seem to be about decentralised finance, it is fuelling the growth thus lower Bitcoin dominance but I cannot see Bitcoin as a brand being affected too much by it in the long run though in the short term those tokens might have their moment in the limelight. The next time pick up after the decline starts, it will be interesting to see the gap between Bitcoin versus its nearest competitor. Will DeFi tokens survive a massive inevitable collapse?

I think most of the Bitcoin dominance dropping has to do with the growth in DeFi tokens, in Ethereum and a few other Altcoins (TRON, NEO, NEM).
We will have to see if that growth continues or not. And if other Altcoins will also experience double digit growth figures as well, kicking off Altcoins Season in earnest.
Last time that Bitcoin hit a low marketcap dominance percentage, it stayed with a low marketcap dominance percentage for a long time (close to 2 years i think ?).

[toknormal]

I think it is stupid to attribute the price problem to the loss of hashrate when we are at all-time highs:

That just makes it even worse. The idea of "we don't need all this hashrate" was to reduce the fiat draw on markets from mining. But it's having the reverse effect. We're having to support a high hash rate AND an additional overhead of high margins (over $5 million per week) just to run nodes. Bitcoin, Litecoin, XMR, ZCash et al don't require this overhead. You can see it on the charts, it's just a deadweight on capital growth.

100% mined coins have a far more optimal and streamlined market draw which is why they're all above us now.

The nodes remain close to ATH

At massive expense. Effectively paid for by the investor because the masternodes receive the coins that investors in the primary supply would otherwise have received had they been buying BTC/LTC/XMR etc.

Is it any surprise our capital value is drifting away to those coins ?

[jdmcg]

ZEC has been in a technical bull market against BTC for almost 2 months now and against USD for over 3 months. So it's months ahead of DASH.

I think you're just reading what you want to see into the tea leaves. Here's the two charts at identical timescales: there's no "3-month stagger" there. They both hit their bottoms at identical times. Do this for any mined competitor you like and you'll get a similar picture.

DASH entered a bull market vs USD Aug 20... ZEC entered a bull market vs USD May 19... seems like a 3 month difference to me...

DASH did attempt to cross over to a bull market the same time as ZEC but was rejected...

I don't find this strange, ZEC has slow and steady growth, DASH is likely still correcting and settling down from the almost 4x pump in January...

Anyways, you might have missed it, but the minute BTC went pass $12K, DASH broke past $90 (the 21 day SMA) and the minute BTC fell back below $12K, DASH fell below $90, just as I predicted...

Perhaps it will stick on a 2nd try...

[toknormal]

Perhaps it will stick on a 2nd try...

Perhaps.

I don't see that chart turning around so easily. Looks like 40-tonne truck fell on it and didn't get salvaged.

[BayAreaCoins]

Today we made improvements on the site to be MUCH more Tor friendly and faster.

https://freebitcoins.com/xchange/market/Bitcoin-Dashcoin

ALSO,  We are still giving away free stickers:  freebitcoins.com/stickers

[Tungi17]

Dash Demo of DashPay Contacts and Notifications & AMA with Product Owner Brian Foster
https://youtu.be/9Bteg8ljwUs

[mrquackquack]

Hello and please don't resent me for this since it is just a question but did anyone here buy in at Dash's previous all time high of around 1400 usd back in 2017?

[TaoOfSaatoshi]

Dash Core Group Demonstrates DashPay Contacts and Notifications



The Dash Core Group held an information session today to show off the latest technology achieved by the team. In this second in the demonstration series, Dash Core Group CMO Fernando Gutierrez and Product Manager Brian Foster showed a live audience the contact list and notification features of the DashPay wallet.

They showed a contact request with notification to the receiver, an acceptance of the request with a notification to the sender, and another incoming contact request notification to the sender. As Brian Foster noted, this budding functionality is nothing new to social media tools. What is new, and potentially game-changing, is that all of this is being done on a decentralized network. These features are the basis of a completely new way of viewing finance, and it's our privilege to be here for its beginning...

Read more and watch the video: https://www.dashnation.com/news/dcg-demonstrates-contacts-notifications/

Thanks for watching!

[qwizzie]

Looks like Kraken revoked their earlier Dash staking announcement and removed Dash staking completely : https://www.kraken.com/en-us/features/staking-coins

First Kraken announce Dash staking
Then Kraken confirm after many months of no implementation, that Dash staking is still on the roadmap
Then Kraken silently remove Dash staking from their website

I am just glad that Binance has Dash staking (7,12% annual revenue for 90 days of Dash staking) --> https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb


Source : Binance (see above link)