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

[WastedLTC]

The problem is exactly the same one that any asset on the planet would have if it paid weekly dividends straight out of its capital value year after year. That capital gets chronically depleted.

Can you elaborate?

I'm just kidding.    Have a great holiday,  take a day off.   

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[toknormal]

Uhm... yeah... I mean ATL means all time low... so it can't be an ATL now if was higher than last year, right? And a pump and dump which ended up in a higher USD value? I guess I'd take those kind of pumps and dumps any day....

Capitulation typically happens first before any real alt season can start

How many capitulations would suit you ? Looks like you've got your 0.00375 incoming and plenty more.

[jdmcg]

Uhm... yeah... I mean ATL means all time low... so it can't be an ATL now if was higher than last year, right? And a pump and dump which ended up in a higher USD value? I guess I'd take those kind of pumps and dumps any day....

Capitulation typically happens first before any real alt season can start

How many capitulations would suit you ? Looks like you've got your 0.00375 incoming and plenty more.

The stronger the capitulation, the stronger the rebound, right?

Besides there's some decent support from a downward trendline at about 0.00395 BTC. Half decent chance anything below that will just be a wick and maybe this is the bottom... and maybe not.

Last time, roughly 4 years ago when BTC was in the process of forming a new ATH ($1300+), most alts capitulated and after as BTC came crashing down to touch down to its 21 weekly MA (which was below the 2013 high) the alts just about all went on massive rallies (with DASH and ETH leading the charge). If BTC and the alts continue to mimic the same price action we should see BTC head to $17K as just about all alts rebound challenging their own 200 daily MA against BTC. If that plays out, DASH would be above 0.006 BTC maybe in 2-3 weeks...
 

[toknormal]

If you say so.

My recollection was that bitcoin was getting a baptism of fire at that time due to forking for the first time ever and there was massive hedging into alts.

[jdmcg]

If you say so.

My recollection was that bitcoin was getting a baptism of fire at that time due to forking for the first time ever and there was massive hedging into alts.

Well, emotions always try to disguise themselves behind "reasons"... this time around the emotions seem the same, I'm sure a new excuse will be used as to why a similar outcome occurs.

[Tungi17]

End of year product update by Head of Product at Dash Core Group, Dana Alibrandi.

It's been a tremendous year for Dash development!

Thank you Dash community and masternodes for your continued support.

Happy Holidays and Merry Christmas!



https://twitter.com/Dashpay/status/1341860880171069445

[birdonthewire]

If you say so.

My recollection was that bitcoin was getting a baptism of fire at that time due to forking for the first time ever and there was massive hedging into alts.

Not only that. The fork of BTC Cash was an assault on the crypto order established up to that date.

It was a spin-off headed by a reference member, Roger Ver ... and a massive mining threat thanks to Jihan Wu in favor of the new option, which pigeonholed BTC as useless for its "authentic" objectives - p2p -, which united to a massive influx of crypto investors, it caused altcoins to be considered IN GENERAL AND FOR THE FIRST TIME, as totally valid alternatives to BTC, beyond being a "lesser evil", copy or imitation. Today, the context is the opposite to the BTC standard accepted by global mainstream economic referents ... and in DASH, especially opposite, due to its ruinous situation, after endless waste, defaults and deception ... sunk in the ranking ...

In reality, BTC was redefining itself and laying its foundations as a Store of Value (and crypto standard, de facto). Since DASH, there have been years of trolling and disqualifying BTC, when the perspective of the "thinking heads" of DASH (associating leadership with those visible faces and their enormous and evident mediocrity is simply delusional) was extremely ignorant and stupid, ignoring even the FRONTAL maximalist claim of BTC in that their project transcended that of a simple means of payment. A perspective of DASH, also always malicious and fallacious, as can be seen even in statements such as today's official in the umpteenth new pamphlet of the Platform admitting its full awareness that they had NOTHING operational and had to start from scratch. The official message in those same moments and context - was to claim (above BTC - not to mention the enormous contempt and condescension towards ALL the rest of the projects -) a deserved "crypto-crown" ... for the alleged quality of a work never delivered: "Mainnet in June'18", "the sky is the limit", "investment capacity will exceed that of Silicon Valley as a whole" and antics of that shameful level to simply finance themselves through deception until they sink into the current absolute precariousness. And that's been the obscene - and imo, with obvious criminal responsibilities - DAO-funded editorial line since 2017.

Well, emotions always try to disguise themselves behind "reasons"... this time around the emotions seem the same, I'm sure a new excuse will be used as to why a similar outcome occurs.

Well ... those who are sure that the excuses will not end is the corrupt gang who manipulate this project. Let's hope that the rest of us can maintain a cold criterion so as not to fall into what you comment - ... and, by the way, that some good conclusions generate beneficial consequences and do not remain only in endless words -. Anyway, that they are like this does not make us all the same.

Other than that,, there is no longer a similar result, because the scenario is not. While the talkative idiots despised arrogantly the VOLUNTARY BTC shortcomings and presented themselves as better alternatives, BTC, right under their noses, has consolidated its own monetary standard.. Without a tremendously powerful and effective monetary approach to this, TA and psychology are secondary in the evolution of the crypto sector. The opportunity cost is something very specific and things do not reappear in the same circumstances when one wants.

BTC has played its timings brilliantly... Some alts, with some relative success ...DASH, after already an irregular start - and ethically questionable for a lot of public opinion -, with breaches, waste , parasitism and lies towards its investors ... and with an image of a real scam in the eyes of the entire sector. A similar scenario now would be the same as expecting ETC to overtake ETH ... and replace Bitcoin as the leader of the crypto industry.    Which objectively seems unlikely, right?

[birdonthewire]

End of year product update by Head of Product at Dash Core Group, Dana Alibrandi.

It's been a tremendous year for Dash development!

Thank you Dash community and masternodes for your continued support.

Happy Holidays and Merry Christmas!



https://twitter.com/Dashpay/status/1341860880171069445

Deliberately misleading information aimed at making the public believe that whoever buys less than 1000 DASH will be part of some "community". And do not tell me that the "community" are the cleaning ladies of the  - empty - offices of DASH. DASH has only one community: A couple of hundred people who own the total of 5,000 Mnodes that control the project.

Well...better with a disclaimer, right ? :

"Buyers of less than 1000 DASH are USERS or CLIENTS who enrich the 200 beneficiaries of this Ponzi. Nothing more than that. Possession of DASH tokens does not reward their holders proportionally in the way that it does in most projects crypto. The bonus system, as well as the decision system, is private to that minority. Those decisions even imply the debasement of the DASH currency by whatever measure the elite deems appropriate for their own interests.

- The decentralization of the project is canceled (depending on the convenience of the parasitic minority).
- Your financial freedom is annulled (the price of the currency in which you save and therefore, your wealth is subject to the interest of that elite)
- Your freedom of opinion / expression is annulled (based on the same interests, DASH reserves the right to even subsidize corrupt moderators with the "Common Treasury" funds - which can only be managed by the elite - that prevent their right to express their opinions on DASH channels and even CMs that persecute, insult, trolle or try to inhibit those who expose opinions that explain the internal workings of DASH in general media, even if they are true)"

(Ridiculous and shameless as it sounds, it's literally true).

Later, they will be "surprised" that whoever gives up their capital under these conditions intentionally concealed ...feels cheated once already trapped in the system in which they understand its absolute irrelevance position...and "surprised" too because the image of DASH is a fucking shit in the sector.

Year 2021 ... and they continue with the scam. And they're so, so, so clever ... that even with these shenanigans, they lose money.

[jdmcg]

BTC has played its timings brilliantly... Some alts, with some relative success ...DASH, after already an irregular start - and ethically questionable for a lot of public opinion -, with breaches, waste , parasitism and lies towards its investors ... and with an image of a real scam in the eyes of the entire sector. A similar scenario now would be the same as expecting ETC to overtake ETH ... and replace Bitcoin as the leader of the crypto industry.    Which objectively seems unlikely, right?

What exactly are you trying to say? That alts, after capitulating against BTC, are unlikely to recover at all? That the likelihood that they do (has happened before) is about the same chance that ETC has of overtaking ETH and BTC (which has never even come close to happening)?

Objectively, I think you're wrong. There's more than a 0% chance that alt season will come when it does and when it does, alts will outperform BTC.

In case you haven't noticed, most alt coins took a severe beating over the last 2 days... not just Dash...

Should we all just quit alts and buy BTC as quickly as we can?

[toknormal]

[birdonthewire]

BTC has played its timings brilliantly... Some alts, with some relative success ...DASH, after already an irregular start - and ethically questionable for a lot of public opinion -, with breaches, waste , parasitism and lies towards its investors ... and with an image of a real scam in the eyes of the entire sector. A similar scenario now would be the same as expecting ETC to overtake ETH ... and replace Bitcoin as the leader of the crypto industry.    Which objectively seems unlikely, right?

What exactly are you trying to say? That alts, after capitulating against BTC, are unlikely to recover at all? That the likelihood that they do (has happened before) is about the same chance that ETC has of overtaking ETH and BTC (which has never even come close to happening)?

Objectively, I think you're wrong. There's more than a 0% chance that alt season will come when it does and when it does, alts will outperform BTC.

In case you haven't noticed, most alt coins took a severe beating over the last 2 days... not just Dash...

Should we all just quit alts and buy BTC as quickly as we can?

I say that :

1- the crypto sector does not have debts with DASH based on the past -as it does not have with ETC-. To expect that is to expect weather effects after the rain dance.
2- that the behavior of the crypto sector has monetary conditions that are ignored, even in its most basic aspects. And that is absolutely ridiculous in a system whose de facto standard exerts a gigantic and absolute influence on the rest. Accepting a "group" behavior of altcoins with respect to BTC is only possible from the failure of each of these projects ... from a technological perspective that is neither decisive nor categorical ... and from the contempt of what they are in essence cryptocurrencies: CURRENCIES.
 Any "currency" that wants to dominate its course in crypto needs a specific monetary approach to BTC.

Someone posted weeks ago that it might be wise for an economist to join DASH. Not only is it recommended, but it is ridiculous and an integral nonsense that has not been available for years and is handled from another perspective than that. In fact, only from that point of view are cheap project control tricks like Rtaylor's pathetic "Tokenomícs" and such idiocy hijacking the entire narrative of an allegedly monetary collective for a year are understandable. (Although he and his corrupt elite, an elite within the elite of the Mnodes, will surely find it very comfortable and satisfying.)

Admitting a flow economic dynamics in the sector "between BTC and the alts " like a closed cyclical behavior is like admitting that the lottery raffle can be the basis of a country's economic balance.

Let's get a dev capable of forking DASH - obviously who is not comfortably enjoying the corrupt centralization of the project - ... and in 2 weeks we'll show you the power of decentralized money ...even INSIDE DASH estructure (which would be very positive for DASH ... although possibly, not for his corrupt elite, who DASH don't give a shit).

[robertrodriguez]

yeah, not one of these mnodes motherfuckers have the guts anymore to write here their bullshit?  of course not, more and more people are aware of their bullshit now. or maybe they all got Covid 19....divine justice!

[xkcdd]

yeah, not one of these mnodes motherfuckers have the guts anymore to write here their bullshit?  of course not, more and more people are aware of their bullshit now. or maybe they all got Covid 19....divine justice!

The majority of the bullshit in this forum these days is coming from you and Purple Lardo lay off the crack and try posting something useful instead of your bitter remarks on how you resent those that made better investment decisions than you.

[robertrodriguez]

yeah, not one of these mnodes motherfuckers have the guts anymore to write here their bullshit?  of course not, more and more people are aware of their bullshit now. or maybe they all got Covid 19....divine justice!

The majority of the bullshit in this forum these days is coming from you and Purple Lardo lay off the crack and try posting something useful instead of your bitter remarks on how you resent those that made better investment decisions than you.

yeah right, sure, fuck off!

[Pang.]

Those of us who are here suppose that we are Dash holders or intend to be one in the future. For me it makes no sense to come here to speak ill of a project without contributing anything.

For example toknormal, he exposes his idea, whether it is correct or not.

I myself get angry when I see that funds are being spent to finance things that in my view will not help Dash in the long run.

But to arrive and say that this is shit, that we are going to $ 5, that the coin is a failure, it is a lie.

I can use Dash in a simple way to move millions of $ in seconds from one point to another on the globe in an instant, cheap and secure way, even in a private way if I have the patience to use private send.

Is this a failure?

For me it is not.

Fuck to see how other projects grow and we stagnate economically, but this is normal. If all the projects that come out only went up, this ecosystem would not make sense.

A few weeks ago everyone was pining for XRP thinking that it would be the new BTC ... what happens today?

I may be wrong in my perceptions, I think it is very possible that Dash has slow but steady growth, while others manage to reach Olympus fast.

This is like students, there are those who understand everything with a single reading, and others go more slowly, but with effort it is possible to reach a goal.

Dash has already reached many goals, and now it is on that event horizon that will put it into oblivion or from which it will come out very reinforced and already being a relevant and respected currency.

Nobody has that crystal ball, most of us have made our bets, and now we only have to wait and see if the decision has been successful, as much as it hurts to see so much volatility.

[toknormal]

$100 level firming up.

Dash not capable of drilling below the $100 level anymore.

[birdonthewire]

.............

[birdonthewire]

yeah, not one of these mnodes motherfuckers have the guts anymore to write here their bullshit?  of course not, more and more people are aware of their bullshit now. or maybe they all got Covid 19....divine justice!

The majority of the bullshit in this forum these days is coming from you and Purple Lardo lay off the crack and try posting something useful instead of your bitter remarks on how you resent those that made better investment decisions than you.

Good good good !   ... you no longer come with your fantastic arguments, because lies no longer work and they fall too easy ... do you think that just by insulting you are going to deceive some new fool?   Well, you are wrong: Your corrupt modus operandi is exposed and, well, everything is clearer for those who need to decide about his capital. It's the least that can be done, right?

By the way ... which "better investment decisions" do you mean? Do you know the investments of the person you quote? ... because you tried to shut me up with that same troll gossip, as if you knew me ... and you had to stick your tongue in your ass, because I already made it clear to you - actually, it's easy, because now, your tricks are too obvious and shameless -: 2/3 of my position in DASH to Cardano and LINK at the beginning of the year ... and I get almost 500% from them today. By the way ... today I get back that position, with DASH still below its price then. The penalty is your shenanigans ... and that being a centralized and corrupt project cannot trust even the slightest bit and increase positions.

Because initial approach - that you have corrupted - was my favorite project ... you know? Now it's shit worth no more than the size of your next whim. NOBODY can ensure value in DASH, because all the wealth dumped will be at the expense of the next scam of those who hijack the project. (and I remember the "modest" Mnodes who believed that the marginalized were others and those who decided were themselves ... that 80% of the vote in DASH is not yet expressed, and that the whales of DASH have only just started voting ... and that their power of absolute abuse only becomes evident when the greedy Mnodes who have corrupted this system with their marginalization measures do not act as the REAL OWNERS of DASH they want ... but the "hundreds of votes with a click" have already begun to appear on DASH ... and that's just the beginning of the "joke").

The DASH code is no longer law: when any law can be voted for 200 corrupt and flipped in ANY sense, any existing law is just a perfectly dispensable anecdote, since only decentralization guarantees the rules of the game. This should be clear to anyone ... both those inside and those considering entering. Look how simple: In three months, DCG votes a proposal to require 10,000 tokens to configure a Mnode and collect rewards ... and the "modest" Mnodes are left as naked as the microholders or miners ... or they vote for a stable coin running on the DASH system so that those who have tokens see them fall to hell if they don't sell ... with a CENTRALIZED project, the traps can be THOUSANDS, anything can be voted on, ANYONE ... and 100 people who own Mnodes with two or four devices each one they are absolutely vulnerable and ridiculous to the groups that centralize possessions in DASH ... they can only stare and attend the show run by others. It turns out that those stupid arrogants who said a couple of years ago: "Do you want rewards or an opinion in DASH? ... Buy five mNodes!" ...now they can hear the same approach ... but with two hundred Mnodes. It sure looks like a lot of fun to them now!

Now, with those perspectives ... go find the "rich" you need ... so that you can steal their wealth given to DASH with your eyes closed , go, scammer, go...  

By the way ... more and more members, including Mnodes at this point in the movie , are suffering your traps and crap and see how they de facto marginalize them from any real management or decision right ... I leave you a link to a post from DeepBlue, Mnode especially active, totally flawless in its forms, and integrated into the group dynamics for years ... it is only a few days ago, of this last week ... and its arguments will be "known" to you and anyone who visits this thread ... you will surely love them    :

>>>>>

DeepBlue  3 points,6 days ago

" @geert the wisdom of crowds is exactly what I'm advocating. However there is no wisdom of crowds if DCG vote with their several hundred masternodes votes right at the beginning of their proposals because of fake social proof. We had 400+ votes that all appeared in one go right at the beginning of this proposal. That is the very opposite of wisdom of crowds when a very small group of people voting with large numbers of Masternodes. This is manipulation of the votes through using Social Proof principal that I spoke about.

Your own argument therefore nullifies itself. The wisdom of crowds only occurs when the actual crowd is not influenced by the FAKE social proof that DCG is creating by using their own MN votes on their own proposals.

I can't help but think where did the money come from for those hundreds of DCG masternodes? The more money DCG make the more individual MNOs will lose decentralized control of the treasury because the more masternodes the more voting power they will have. Bearing in mind that under most circumstances we only have about 600 to 800 MNO votes on a project and 400+ votes seem to be coming from a very small group of people who all vote at the same time for DCG projects.



Dash is systematically becoming centralised step by step. We have to stop this. These are the reasons why Dash is becoming centralized:

1. DCG vote for their own proposals with a large number of masternodes.

2. Ryan often will not answer questions about spending in the DCG proposals e.g. the DCG office space which has been shown to be completely empty on every time a trusted member of DASH has undertake spot checks on their office. Not once was any of DCG staff in that office at ASU complex. 55k for office space that is mostly empty. Ryan has not responded to my requests for feedback on this. Doesn't exactly garner trust Ryan when you remain silent. Doesn't look good at all on you Ryan and honestly it reduces my trust and confidence in Ryan Taylor by the lack of response.

3. Ryan Taylor has said several times he wants MNOs to "trust" e.g. he stated that we should trust the DIF and put forward his suggestions to the network that the MNOs do not need to approve their funding through a vote. We must be able to vote on funding from the DIF and we need to see the full financial investment agreement to do that. The DIF, which now also includes Ryan Taylor, does not want to agree to full transparency on the NDA. My view is if an organization wants an NDA on the financial agreement they are not right for being funded by a decentralized organization because we need to have transparency in the agreements and we need to see the full terms of those agreements.

4. The Dash Trust Protectors meetings are kept private. We don't know what goes on in those meetings. Why not?

5. DCG put Dash code into closed source for over a year and during that time did not answer my requests for information in their funding proposals which I repeatedly asked. We all now know why that was now. It was not to give Dash first mover advantage - it was because the code was not developed as it was supposed to be.

5. Ryan Taylor comes from a background of traditional finance. I'm sorry, but I inherently have a healthy level of skepticism from anyone coming from the traditional financial system and entering the Dash project. Ryan reached out to Evan Duffield and not the other way around.

6. I have spoken with DashWatch members in depth about circumstances regarding Alt36 and DCG claims on that project. I am not going to reveal all the details that I learned here because I don't think it is appropriate however I was disturbed by what I learned from speaking with DashWatch.

7. DCG do not want DashWatch reports on their project. I've spoken with DashWatch about this personally. There are excuses like it would take too much time or money or we have to trust them on their quarterly reports. Every other Dash project is subject to a DW report as an independent audit but DCG will not agree to do it.

8. Ryan is now also working on the DIF as well as on DCG CEO. I would not mind this so much provided we have full transparency on the actual financial agreement for funding - however we don't have this. My view is funding from a decentralized organization needs to be 100% transparent when it comes to the terms of the agreement. NDA's can be used for IP knowledge but not on the financial investment agreement.

9. If DCG are to continue to vote on their own proposal we should at least know how many MNs are they voting with exactly so that we can make a more informed decision how fake social proof is acting on these proposals.

Stage by stage, bit by bit we are losing decentralized control to DCG through Ryan Taylor's leadership. If this continues and the number of Masternodes that DCG holds increases we will lose decentralized control of the Dash Project. This is also likely to happen if this proposal passes because DCG will have access to even greater amounts of funds.

How would I feel OK with the budget increasing to 20? The following would have to happen as a minimum:

a) DCG agree to have quarterly DashWatch reports on their project.
b) We have procedures in place for MNOs to have the information they need in order to make quality decisions on projects. I have suggested a few ways this can be done on the Dash Forum.
c) The DIF have fully transparent investment agreements to the network. No NDAs obscuring financial agreements with the network. NDAs can be used on protecting knowledge on IP only but not on the financial agreement itself.

d) Spending by DCG is in question as far as I am concerned until the DCG is systematically independently audited both financially and on their project by DashWatch. In the past DCG wanted to spend 1 million dollars on google Ads. This shows that as the budget increase the spends increase and often without proper thought about how those funds are to be spent. 1 million dollars on google ads was absolutely crazy. Luckily circumstances changed so they could not spend this.

The $200,000 - $250,000 dollars per month going to DCG is more than enough. They have to learn to use this money more wisely. This is more than most other crypto projects are getting and even with this we still have not delivered Evolution on time.

I feel MNOs need to fight to ensure that the Dash project remains decentralized and that we do not have to rely on trust at all ".

[robertrodriguez]

But they're not going to shut me up! I have dash coins just like they have! maybe I don't have 1000 but I have enough (over 600) to be mad at what's happening. So I will say what I want to say and they can't do anything about it!  at over 25k btc price Dash should be at least 200-250 usd.  all other good coins are 2x,3x the price...... dash when?

[birdonthewire]

But they're not going to shut me up! I have dash coins just like they have! maybe I don't have 1000 but I have enough (over 600) to be mad at what's happening. So I will say what I want to say and they can't do anything about it!  at over 25k btc price Dash should be at least 200-250 usd.  all other good coins are 2x,3x the price...... dash when?

I suppose that at any time ... although I will return what is essential to regain positions and go Free ride. Anything else is reckless and overconfident.

The issue is whether RTaylor & friends will empty it again and knock it down or will they let it go at once (although it does not represent a guarantee of anything in the medium and long term and it will only be a new stage until the next embezzlement). Anyway ... they install it in a range, stealing all the capital that comes in ... and then they leave tweeting: Hey! ... We are the most stable currency in the ranking !!!

It's pathetic. The worst thing is that in the current situation, DASH can never be considered as a decentralized and long-term crypto investment project. Any position is smoke in the air ... at the expense of whatever scam they come up with. They can be authorized by ALL.


For my part ... I continue as usual calling for a dev to fix that problem with a fork. It can be perfectly minimized (and still linked to the central project ... but evolving in parallel with a worthy approach)