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

[Tungi17]

We are happy to announce that Cointelegraph has listed Dash as a trusted blockchain technology provider for Enterprise‑Grade blockchain solutions based on Dash's track record, technology strength, and market recognition.
I'd like to give special thanks to Cointelegraph Head of Research, Demelza Hays for connecting me with the Cointelegraph Consulting team to be interviewed and go through submission process for Dash to be approved as a trusted blockchain technology provider for Enterprise‑Grade blockchain solutions.
You can see Dash and several blockchain case studies listed here:
https://cointelegraph.com/consulting/vendors

[Alexey45]

I would rather wait for the price of the masternode portfolio to fall 10 times) Not long to wait.
Remember what I told you a long time ago, you need to siege these masternode parasites and give the main profit to the miners.
For parasites MN 10%, and the remaining 90% for miners.

You rejoice in stability like children. Technology that is steadily falling in price. Stably repelling new investors from itself.

What are you counting on? That someone will come one day and pick up cheap stuff that nobody needs? And if it doesn't come?

INVESTORS WANT, WANTED FOR PROFITS while they are alive!

[qwizzie]

Previous post 31st of march 2020, talking about a long summer sleep for this little Russian troll  
Glad to have you back Alexey45, now Dahaa finally has someone to troll talk to .. in Russian.

Dahaa & Alexey45, our little Russian troll-twins reunited once again.



This is the second time that i have given you two a round of vodka shots, next round is on you guys !!
Don't be cheap Russian trolls, show some generosity.

[JollyGood]

I have them on ignore with a few others, it makes it so much of a better experience when browsing this thread when not having to read the nonsense that trolls and those wanting to spread negativity are posting.

Previous post 31st of march 2020, talking about a long summer sleep for this little Russian troll  
Glad to have you back Alexey45, now Dahaa finally has someone to troll talk to .. in Russian.

Dahaa & Alexey45, our little Russian troll-twins reunited once again.



This is the second time that i have given you two a round of vodka shots, next round is on you guys !!
Don't be cheap Russian trolls, show some generosity.

[qwizzie]

I have them on ignore with a few others, it makes it so much of a better experience when browsing this thread when not having to read the nonsense that trolls and those wanting to spread negativity are posting.

I have Dahaa on ignore, but somehow i have not yet put Alexey45 on ignore (don't ask me why not, i have no idea).
Something tells me that will change very very soon.

In the mean time i do feel a bit conflicted about the whole ignore / not ignore thing. Below message does not really apply to Alexey45, does it ?    

[Mike323]

WOW! Dash is dying 

[JollyGood]

Conflicted feelings or otherwise should not negate the fact the facility to put users on ignore actually exists therefore if the function is there you and others should consider using it on out-and-out trolls with immediate effect while giving the benefit of the doubt to others until they leave you with no option but to ignore them.

.... and "no" it most definitely does not apply to Alexey45 

I have them on ignore with a few others, it makes it so much of a better experience when browsing this thread when not having to read the nonsense that trolls and those wanting to spread negativity are posting.

I have Dahaa on ignore, but somehow i have not yet put Alexey45 on ignore (don't ask me why not, i have no idea).
Something tells me that will change very very soon.

In the mean time i do feel a bit conflicted about the whole ignore / not ignore thing. Below message does not really apply to Alexey45, does it ?    

[Dahaa]

Do whatever you want, you stupid idiot, people run around with money every day from you. Soon you will start adding zeros 0, 0045. My prediction for the best coin from qwizzie is coming true!

Previous post 31st of march 2020, talking about a long summer sleep for this little Russian troll  
Glad to have you back Alexey45, now Dahaa finally has someone to troll talk to .. in Russian.

Dahaa & Alexey45, our little Russian troll-twins reunited once again.

https://i.imgur.com/FRQX6Li.jpg

This is the second time that i have given you two a round of vodka shots, next round is on you guys !!
Don't be cheap Russian trolls, show some generosity.

[Dahaa]

And I warned here, when this shit was still worth 0.015 btc, that it will fall, fall and fall. Run away from these scammers while this shit is still worth something (0.0045)

[iHodler]

Hey gents!

I hold some DASH coins and since I don't own 1000 to run a masternode, I stake them on Binance. I wonder how can Binance pay me 7.12% interest on my coins when the ROI is around 5.6%-5.8% according to some online websites. True that I need to lock them for 90 days, but even so they pay more than they get if they are running a masternode with my coins. I know they are running a business and they need to make a profit not to lose money.
Are they privileged somehow or am I missing something else here.

Thanks!

[thunderjet]

Hey gents!

I hold some DASH coins and since I don't own 1000 to run a masternode, I stake them on Binance. I wonder how can Binance pay me 7.12% interest on my coins when the ROI is around 5.6%-5.8% according to some online websites. True that I need to lock them for 90 days, but even so they pay more than they get if they are running a masternode with my coins. I know they are running a business and they need to make a profit not to lose money.
Are they privileged somehow or am I missing something else here.

Thanks!

You are right. Binance gives annual interest of 17.67% on locked DASH staking for a period of 10 days. Masternode annual ROI(in DASH coins) is about 5.78%. Such huge difference between locked staking interest and masternode ROI is possible only if locked DASH is using not for running masternodes,but for trading. Simply, DASH market is pretty much dead.With just 1-2000 coins sell you can ruin the market. 17.67% annual interest is about 0.48% for a period of 10 days.So ,Binance has only to push prices of DASH down for more than 0.5%(or $0.62) for a period of 10 days to make money.

Dash price is constatnly declining for 3 years,it is going down whether BTC goes up or down,Buy orders are empty and pushing price further down(more than 0.5% in 10 days) is not big problem or risk.

[iHodler]

<...>

Thank you for the kind and very detailed explanation! Now it all makes sense.

This move from Binance is risky in my opinion, but is their risk and as we all can see it paid off until now.

Anyway I will take off my coins from there after my lock period will end, because I saw what happened with OKEx withdrawals and the Huobi rumors. Maybe, MAYBE I will try StakeHound, but I don't trust them either, furthermore since their platform is too young.

[qwizzie]

<...>

Thank you for the kind and very detailed explanation! Now it all makes sense.

This move from Binance is risky in my opinion, but is their risk and as we all can see it paid off until now.

Anyway I will take off my coins from there after my lock period will end, because I saw what happened with OKEx withdrawals and the Huobi rumors. Maybe, MAYBE I will try StakeHound, but I don't trust them either, furthermore since their platform is too young.

I would not recommend taking advice from thunderjet, simply because he does not know what he is talking about most of the time.
He spread FUD about Dash being centralized, FUD about Dash market performance (without taking into account the general Altcoins market performance), totally disregards Dash traded volume and provide figures in posts that just not make any sense.

Link : https://bitcointalk.org/index.php?topic=421615.msg55490250#msg55490250

Note : you were talking about Dash Locked Savings 7.12% for 90 days and he replied to you with my info about Dash Locked Staking 17.67% for 10 days. He really does not know what he is talking about.  

There is indeed a difference between Dash ROI through masternodes (5.62% annual), which in most cases* is decentralized and trustless of nature and in full control of masternode owners and ROI through Binance Locked Savings (7.12% annual, 90 days), which is part of Binance Business plan and a centralized form of exchange staking.

* There are also Dash masternodes sharing services that offer 5.62% annual, but they are often not trustless of nature.
 
Why Binance can provide such high staking ROI to a lot of Altcoins (not just Dash) is anyone's guess. I would guess Binance wants to attract new users and grow their exchange. As i mentioned to thunderjet, Binance also offers much higher ROI (17.67% for 10 days) for Dash Locked Staking, but that seems to have an upper limit of (i believe) 50 Dash. Dash Locked Savings on Binance has a much higher upper limit of Dash to invest, but the drawback is a somewhat lower ROI. Also not every time duration is available on Dash Locked Savings all the time.

In the end it is up to you to determine if you can trust Binance with your Dash and to do your due diligence on them. I have not seen any signs that Binance (International Branche, not Binance USA) can not be trusted. thunderjet on the other hand is the last person i would trust.

Do you own homework and do not rely on the post of one very ill-informed person on some forum.

[toknormal]

There is indeed a difference between Dash ROI through masternodes (5.62% annual), which in most cases* is decentralized and trustless of nature and in full control of masternode owners and ROI through Binance Locked Savings (7.12% annual, 90 days), which is part of Binance Business plan and a centralized form of exchange staking.

You leave quite a lot out of the account.

For a start, without taking the capital loss of collateral into account, ROI is meaningless. It simply refers to how thin you slice the cake, not "Return On Investment". You can get the same kind of "ROI" from chopping a 6 foot piece of string into 2 pieces of 3 feet each. (100% ROI in that case ! Nice). To get real ROI you need to add NEW VALUE to the chain and that doesn't happen through some silly gaming of who gets the new supply just so you can think you're managing traffic to order books more optimally.

Secondly, if it's the case that the return on staking at Binance is indeed due to the balance being actively traded (which I'm not saying it does, but if it were) then at least that ROI has some real economic basis. That is to say the return comes from OUTSIDE of the Dash ecosystem and nourishes it rather than coming from the blockchain itself, thereby eating up the capital value of the chain and spitting it out into masternode pockets without them having to replace that value (in the way that, say miners do).

Just something to think about.

[Alexey45]

... Dash almost acted like a stable coin this last month  

Stability! The cemetery is also stable ...

[qwizzie]

if it's the case that the return on staking at Binance is indeed due to the balance being actively traded (which I'm not saying it does, but if it were) then at least that ROI has some real economic basis. That is to say the return comes from OUTSIDE of the Dash ecosystem and nourishes it rather than coming from the blockchain itself, thereby eating up the capital value of the chain and spitting it out into masternode pockets without them having to replace that value (in the way that, say miners do).

Just something to think about.

You are aware that Dash locked staking on Binance is limited to 50 Dash ? Difficult to see that eating up the capitol value of the chain and spitting out masternode pockets, as you suggest. There are also locked staking options for many other Altcoins on Binance, most likely with the same limiting max to deposit.

It is the locked savings on Binance that have higher max to deposit, but provide lower ROI in the long term (90 days / 7,12%).
Which is not even always available, sometimes only 7 days are available, which then gives lower ROI then masternodes.

[thunderjet]

<...>

Thank you for the kind and very detailed explanation! Now it all makes sense.

This move from Binance is risky in my opinion, but is their risk and as we all can see it paid off until now.

Anyway I will take off my coins from there after my lock period will end, because I saw what happened with OKEx withdrawals and the Huobi rumors. Maybe, MAYBE I will try StakeHound, but I don't trust them either, furthermore since their platform is too young.

Please be informed that taking advice from thunderjet is not recommended, simply because he does not know what he is talking about most of the time. He spread FUD about Dash being centralized, FUD about Dash market performance (without taking into account the general Altcoins market performance), totally disregards Dash traded volume and provide figures in posts that just not make any sense.

Link : https://bitcointalk.org/index.php?topic=421615.msg55490250#msg55490250

Note : you were talking about Dash Locked Savings 7.12% for 90 days and he replied to you with my info about Dash Locked Staking 17.67% for 10 days. He really does not know what he is talking about.  

There is indeed a difference between Dash ROI through masternodes (5.62% annual), which in most cases* is decentralized and trustless of nature and in full control of masternode owners and ROI through Binance Locked Savings (7.12% annual, 90 days), which is part of Binance Business plan and a centralized form of exchange staking.

* There are also Dash masternodes sharing services that offer 5.62% annual, but they are often not trustless of nature.

Why Binance can provide such high staking ROI to a lot of Altcoins (not just Dash) is anyone's guess. I would guess Binance wants to attract new users and grow their exchange. As i mentioned to thunderjet, Binance also offers much higher ROI (17.67% for 10 days), but that seems to have an upper limit of (i believe) 50 Dash. Dash Locked Savings on Binance has a much higher upper limit of Dash to invest, but the drawback is a somewhat lower ROI. Also not every time duration is available all the time, through Dash Locked Savings it seems.

In the end it is up to you to determine if you can trust Binance with your Dash and to do your due diligence on them. I have not seen any signs that Binance (International Branche, not Binance USA) can not be trusted. thunderjet on the other hand is the last person i would trust.

Do you own homework and do not rely on the post of one very ill-informed person on some forum.

Iam not a fudster.Iam just trying to point on very poor economic decisions people who lead DASH did.It is so bad that DASH who could compete with ETH for a leading place among altcoins is ruined so much due to poor decisions.I will never tell the people to trust me and not to trust you.I strongly believe that people are smart enough to compare what are you talking and what Iam talking and make theirs own decisions.

Note - You are the one which does not what are you talking about or maybe you know and you are just pretending. IHodler was talking about LOCKED DASH STAKING, NOT SAVING(as you wrote) on Binance for a 7.12%.
There is even no 90 days Savings option on Binance,just for 7 days, 4.19% !!!

90 days option is only for LOCKED STAKING and I tried to show IHodler even bigger anomaly ,that  huge 17.67% interest for 10 days,far bigger than it is annual ROI for masternodes is clear sign that such big interest cant be from masternode running ,but from shorting DASH:

Hey gents!

I hold some DASH coins and since I don't own 1000 to run a masternode, I stake them on Binance. I wonder how can Binance pay me 7.12% interest on my coins when the ROI is around 5.6%-5.8% according to some online websites. True that I need to lock them for 90 days, but even so they pay more than they get if they are running a masternode with my coins. I know they are running a business and they need to make a profit not to lose money.
Are they privileged somehow or am I missing something else here.

Thanks!

Lets go further.

- DASH is centralized as many other coins.That means there are people which significant amount of DASH in theirs possesion which give them possibility to run coin as they want. 90% od DASH today masternodes were established before 2017 bull run.During that bull run number of masternodes fell from 4600 to approx.3800 - 600 mastenodes operators took opportunity, sold theirs coins and made more 100x (from $12 - $1500).

Why others masternode operators didnt do it and miss such fantastic opportunity to earn 100x or more on theirs investment and later rebuy coins for a fraction of price they sold coins? Who will miss such opportunity? Truth is simple - they dumped what they can,amount which market could apsorb in that moment.If there is true decentralization within masternode operators we would see massive dump and huge drop of masternodes number during pump ,not just 13%.It would be far,far greater number.

-  We all see that DASH mining is hugely unprofitable for a very long time,but despite it ,hashrate didnt drop. Why? Are miners so stupid and mining so unprofitable coin for a months,ruining themselves completely?  No true miner would do that,because they have no money to waste.But if you are huge masternode operator,your 50% masternode reward gives you unique opportunity to mine DASH on price which is deeply in red for ordinary miners.Huge mastenode reward gives opportunity for large masternode operator to drive out ordinary miners, take control of mining and through control of masternodes and mining take control of DASH itself.Then, it is simple to control the price,driving it so deep low for a long time,forcing other investors to sell them deeply in lose,crushing market with full force and preparing terrain for driving pump without virtually no hodlers remain.

- If there is no such huge masternode reward,big whales will have to support miners and not letting price goes down so much,make it unprofitable for miners.Otherwise coin would collapse.How much that price will be in that moment,that there is no reward for masternode operators and 100% of mined coins go to miners:

Today price of DASH is $65.On Coinwarz site you can see that DASH miner gets $0.87,while expenses are $3.60.If 100% of coins go to miners theirs reward will be 2x0.87 = $1.74. Expenses are $3.60 or 2.07x greater than reward.So break even price will be around 2.07 x $65 = $134.55

It is obvious that huge masternodes reward is making a black hole in DASH economy.Pointing on it is not FUD.Making masternode reward even bigger will just cause that black hole to grow and swallow coin completely.

FUD is what qwizzie doing - trying desperately to defend undefendable ,ignoring obvious problems,calling on few coins from the bottom of the bottom and with equally low performance,trying to convince everybody that everything is perfect - DASH is truly la la land.Problems will not disappear if you just ignore them.Such tactic can only fool new,unexperienced investors.

Iam not trying to convince anybody.Read every post,compare it and make your own research.


 

[toknormal]

You are aware that Dash Locked Staking on Binance is limited to 50 Dash ? Difficult to see that eating up the capitol value of the chain and spitting out masternode pockets, as you suggest.

You seem to have interpreted that post the wrong way around.

It's the trustless masternode rewards that eat the capital (because they come straight out of the chain at zero difficulty).

Not the staked Binance capital, which generates a return based on economic activity external to the chain which therefore ADDS to the capital value of the chain.

[qwizzie]

You are aware that Dash Locked Staking on Binance is limited to 50 Dash ? Difficult to see that eating up the capitol value of the chain and spitting out masternode pockets, as you suggest.

You seem to have interpreted that post the wrong way around.

It's the trustless masternode rewards that eat the capital (because they come straight out of the chain at zero difficulty).

Not the staked Binance capital, which generates a return based on economic activity external to the chain which therefore ADDS to the capital value of the chain.

You are right, i misinterpreted your post.

With regards to a certain someone saying that Dash locked savings does not have 90 days / 7,12%
https://www.binance.com/en/support/articles/af64a497b040498f85c573baf4f24fcb-DASH-Added-to-Customizable-Locked-Savings-on-Binance

That 90 days is just not always available. Those that invested in this awhile back are still in that 90 days subscription, it is just that
for now others can't join those 90 days (or 60 days, or 30 days). Maybe once it expires, a new one opens up.

Subscriptions will close on a certain product once the maximum limit is reached.

Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.

[toknormal]

It is obvious that huge masternodes reward is making a black hole in DASH economy.

You're not the only one to have noticed.