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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722504 times)
JollyGood
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April 26, 2021, 11:39:53 AM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

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BC.GAME
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..CASINO....SPORTS....RACING..
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April 26, 2021, 11:59:26 AM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.
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April 26, 2021, 01:39:04 PM



Dash Podcast 170 With Dash Platform Developer Ivan Shumkov
https://youtu.be/pJ8FBbhhidg

Streamed live on Apr 23, 2021

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April 26, 2021, 04:47:30 PM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.

Really now? Dash was roughly $90 USD about 6 months ago... and roughly $270 USD today... so up 3x.

What stock has even come close to that? I googled a bit but could only find a few that did around 1.7x.
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April 26, 2021, 05:05:36 PM

The punishment that we have carried out in recent months is disproportionate if we compare it with other pre-mined coins or that have not had any development and have continued to increase their capitalization.

Regarding the bittrex event, we can see that the nodes have started to recover briefly, from a low of 4768 to the current number of 4793.

25 nodes recovered in a few hours.

Reviewing the portfolios of the large holders there has hardly been any movement, and I conclude that the 20% falls that we have seen in the Dash flash crash have been mainly motivated by speculative selling on exchanges that have taken advantage of short positions or buybacks below.

I still have doubts, not because of Dash or its development, but because of BTC and ETH, the verticality of the rise is not organic, and it could certainly go to $ 40,000 or something more, but let's think that a long crypto winter of years that as in past cycles would leave BTC over $ 10,000, where would Dash be if there is no decoupling from BTC?

There I see the risk right now.

a greeting

http://thumbs.subefotos.com/a57d071dce1d60ab63527ce2c517c7e3o.jpg

 Cool







Main task for selling any product is to create demand.Scarcity does not come from supply but from demand. BTC and ETH succeeded in that.Investors are pouring billions in them and if they do not buy via OTC market,price will be much higher than it is now.So,theirs growth is organic,created through demand which greatly surpasses supply.

DASH went in another direction,wrongly believed that scarcity comes from supply.To make it even more "scarce",they gave masternodes huge reward to keep coins off market.We saw that this measure did not give any results.It does not matter if you product only few coins.If you do not have buyers for them they are worthless.

That misunderstanding of basics economics led DASH to its position now. Without making changes ,it will stay in that position indefinitely.

I didnt hear any meaningfull idea from DASH team about plans to create demand and attract investors.Instead,they want to give even bigger rewards to masternodes,desperately staying on the same wrong path of artificially creating scarcity not demand.



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April 26, 2021, 05:54:03 PM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.

Really now? Dash was roughly $90 USD about 6 months ago... and roughly $270 USD today... so up 3x.

What stock has even come close to that? I googled a bit but could only find a few that did around 1.7x.

Dash's growth relative to Bitcoin in 6 months was minus 5% at this point. Do you think this is a profitable investment?
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April 26, 2021, 06:29:05 PM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.

Really now? Dash was roughly $90 USD about 6 months ago... and roughly $270 USD today... so up 3x.

What stock has even come close to that? I googled a bit but could only find a few that did around 1.7x.

Dash's growth relative to Bitcoin in 6 months was minus 5% at this point. Do you think this is a profitable investment?

So, did you lie about those shares you own?

Dash 6 months ago was about 0.0049 BTC... today it's about 0.0051 BTC. That's about 5% up vs BTC, not down.

+200% vs USD, +5% vs BTC in the last 6 months... are you saying that's not a profitable investment?
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April 26, 2021, 07:35:10 PM

Just as I wrote before, this thread has become a cesspit after qwizzie was pushed out by a small number of deluded propaganda merchants who could not get the Dash Core Group to change anything then began using this thread to post their conspiracies.

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

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April 26, 2021, 08:39:20 PM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.

Really now? Dash was roughly $90 USD about 6 months ago... and roughly $270 USD today... so up 3x.

What stock has even come close to that? I googled a bit but could only find a few that did around 1.7x.

Dash's growth relative to Bitcoin in 6 months was minus 5% at this point. Do you think this is a profitable investment?

So, did you lie about those shares you own?

Dash 6 months ago was about 0.0049 BTC... today it's about 0.0051 BTC. That's about 5% up vs BTC, not down.

+200% vs USD, +5% vs BTC in the last 6 months... are you saying that's not a profitable investment?

26.10 close price was 0.0053 btc, now 0.00514. Investment to dash was unprofitable after 6 monthes. And please don't tell nothing about $$. This is crypto market, people trade here to earn bitcoin.
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April 26, 2021, 09:07:04 PM

This thread is full of posts containing walls of incoherent ramblings. Look at how it has become a laughing stock.

Just as I wrote before, this thread has become a cesspit after qwizzie was pushed out by a small number of deluded propaganda merchants who could not get the Dash Core Group to change anything then began using this thread to post their conspiracies.

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

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BC.GAME
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jdmcg
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April 26, 2021, 09:37:55 PM

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

strictly speaking, Dash regularly shows one of the worst growth and volatility dynamics. Who is interested in discussing a half-dead coin. Over the past six months, some of my shares on the stock market have been performing better than Dash.

Really now? Dash was roughly $90 USD about 6 months ago... and roughly $270 USD today... so up 3x.

What stock has even come close to that? I googled a bit but could only find a few that did around 1.7x.

Dash's growth relative to Bitcoin in 6 months was minus 5% at this point. Do you think this is a profitable investment?

So, did you lie about those shares you own?

Dash 6 months ago was about 0.0049 BTC... today it's about 0.0051 BTC. That's about 5% up vs BTC, not down.

+200% vs USD, +5% vs BTC in the last 6 months... are you saying that's not a profitable investment?

26.10 close price was 0.0053 btc, now 0.00514. Investment to dash was unprofitable after 6 monthes. And please don't tell nothing about $$. This is crypto market, people trade here to earn bitcoin.


Fair enough... I made a mistake when I took the DASH/BTC price from end of Nov, instead of Oct. Still, down 5% against BTC is hardly all that bad. Still seems you lied about those stocks you mentioned.

Anyways, I don't trade here to necessarily earn BTC. I'm sure there are many that don't.

Also, Dash has recently broken out of a 3 year downtrend vs BTC and is days away from entering a technical bull market vs BTC. Should make for a profitable May.

Good luck with any alt you think is worth investing in. Alt season is just about to start so I'm sure you'll do well if you buy now and sell in time.

Of course, none of this is financial advice.
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April 26, 2021, 09:56:23 PM

I wonder if the OP will lock this thread because of the cesspit it has become here. Maybe that would be the best thing to do so at least the trolls will exit the forum.


This thread is full of posts containing walls of incoherent ramblings. Look at how it has become a laughing stock.

Just as I wrote before, this thread has become a cesspit after qwizzie was pushed out by a small number of deluded propaganda merchants who could not get the Dash Core Group to change anything then began using this thread to post their conspiracies.

Look at what has become of this once thriving thread after articulate and contributing with quality posts members such as qwizzie were forced out by those repeating their case for turning Dash in to something that the Core group would never accept.

This thread is now being pumped by newbies and junior members who might be alt-accounts, looking at one liners or walls of nonsense to increase post count - that is how low things have fallen here  Roll Eyes

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BC.GAME
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..CASINO....SPORTS....RACING..
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April 26, 2021, 10:42:31 PM


I wonder if the OP will lock this thread because of the cesspit it has become here. Maybe that would be the best thing to do so at least the trolls will exit the forum.

I wonder if quoting all your own posts is a good idea when making such a remark.
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April 26, 2021, 10:50:33 PM
Last edit: April 27, 2021, 07:35:25 AM by JollyGood

Generally it is not but since trolls and attention seekers have flooded this thread I thought I should add a bit of class and write a few posts with walls of my own. I can carry on without quoting a quote that I quoted and just quote a wall of quotes that others have quotes instead. That is a lot of quoting...


I wonder if the OP will lock this thread because of the cesspit it has become here. Maybe that would be the best thing to do so at least the trolls will exit the forum.

I wonder if quoting all your own posts is a good idea when making such a remark.

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April 27, 2021, 01:23:27 AM

DASH is the best of the best investments today.
All the others have fired, and this coin is waiting for the strongest pumping 10-20 times.
Screen!  Cool
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April 27, 2021, 08:00:52 AM

When will we see Dash get back to £1K plus. Its been too long!
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April 27, 2021, 08:59:47 AM
Last edit: April 27, 2021, 09:40:52 AM by toknormal


When will we see Dash get back to £1K plus. Its been too long!

Lets see, at $1k, MN income is $6500 per month with zero costs. At 4570 nodes that's $30 million being effectively dumped by the blockchain as a monthly free gift with no counterbalancing investment in the chain scarcity to protect people's capital (as happens with mining).

The selling pressure is therefore enormous even without the third of it or whatever that needs to be constantly dumped for taxation. Think to yourself if bitcoin reduced the mining difficulty to zero for half its miners. What would happen to the price ? Because that's all a masternode is - a zero difficulty miner. A facility for extracting coin from the chain at zero cost.

So while 1k may be achievable in a pump, is it sustainable ? No because the asymmetry in profitability quickly crushes any revaluation back to a sustainable level. The sector with greatest selling propensity is the one at greatest gain which drags the rest down (as with daytrading market consolidations).

Who has most to lose from that ? MN investors themselves because they have so much collateral at stake that the capital loss blows their reward away to kingdom come. So why not set it at a more sustainable level and allow mining to stabilise the price and support sustainable growth ?

That is the question.
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April 27, 2021, 09:52:40 AM

Some of us miss the old days where qwizzie posted lots of information helpful to the Dash community before he was forced to give up on this thread after trolls and attention seekers started flooding it with incoherent ramblings.




UK has income tax on Masternode rewards. Of course that is not the same as The Netherlands where it all falls under property tax.

Incorrect. It's exactly the same in the Netherlands as everywhere else.




That is for registered businesses, not for masternode operators that have some 1000 Dash on a hardware wallet somewhere.
It is just property tax then (box 3).
Source : https://tokentax.co/guides/crypto-taxes-in-the-netherlands/#overview-of-dutch-crypto-taxation

Quote
All capital gains and losses are reported in Box 3 of your Dutch tax return. Your tax brackets for capital gains on property are determined by your net gain minus
losses from the current tax year only.

This just shows how little you know about how taxes on crypto are applied in Europe (outside the UK), yet you continue to make assumptions based on that.
Which is why discussions are pointless, you only look at it from an UK stance (masternode rewards are subject to income tax) and you are turning a blind eye to the jurisdiction of
other European countries, that have far more masternodes located then the UK.

Operating costs miners / masternodes : irrelevevant
Fixed / Variable costs : irrelevant

Dash / Bitcoin / Euro on bank / traditional stocks : all the same. Either its property taxed (The Netherlands) or after a year it falls under private money and gets exempt from capital gains tax (Germany). No wonder the number of masternodes in Germany is rising so rapidly, directly challenging the US. Most are hold longer then a year and then fall under private money and are exempt from capital gains tax. If i was a German masternode operator, i would also save up my masternode rewards for at least a year (if my situation would allow it).


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April 27, 2021, 11:37:04 AM
Last edit: April 27, 2021, 12:55:37 PM by toknormal


Some of us miss the old days where qwizzie posted lots of information

"Some of us" do and "some of us" are not even here anymore because the performance of this coin's investability has been so hampered by its corrosive masternode givaways that they sought out competitors without such a wasteful budget payload and where more of their investment was returned in capital gain.

Recycling old evasive nonsense that relies on anecdotal accounts to create strawman arguments doesn't change that. All you need to know is there are three bases for the valuation of a crypto:

 • scarcity value
 • on-chain sinks
 • monetary velocity

The first of these is measured in the amount of financial effort required to extract a coin from the chain = (sale price - margin over acquisition cost). The second is the domain of de-fi in which Dash is not a player and the third is a race in which Dash has been left in the dust by competitors which are fully mined. Speculative values follow accordingly.

If you want to "clean up" the thread and improve the quality of debate then try posting something of substance that may address those points rather than grumbling, whining and recycling fossilised content Wink
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April 27, 2021, 01:00:47 PM

The failure on your part and on part of those newbies, junior members and trolls that follow you around to bring your fantasy solution to the attention of the Dash Core Group and your failure to make them accept it with open arms and have them implement it akin to some sort of Holy Grail has led you and your followers to destroy this thread.

I have no intention of adding more substance or quality to my posts here, it is a testament to my character that I am posting the very minimal required and even giving this thread any attention at all. Maybe I will change the tone of my posts when you and your followers stop regurgitating the same nonsensical argument that has already been rejected by the Dash Core Group.

You and your newbies, junior members and troll followers are not contributing anything to this thread except to subliminally vent your frustrations at being ignored by the Dash Core Group and with them it means by the consensus too.

You had ample opportunity and still do to stop behaving like a brat and to divert your attention in to something positive such as to fork your Dash since you love it, care about it and worry about it but you chose not to. Create a toknormal Dash chain of your own and enjoy it....

All roads for you and your newbies, junior members and troll followers lead back to this thread where you talk about your failed aspirations and do nothing else. You and your newbies, junior members and troll followers are a lazy bunch that have nothing better to do than complain here instead of taking charge by creating your own fork.

I hope the Dash Core Group read this thread from time to time and enjoy watching the way you and your newbies, junior members and troll followers are presenting yourselves here because it justifies their action for not allowing you and your ilk to hijack their official forum.



Some of us miss the old days where qwizzie posted lots of information

"Some of us" do and some of you are not here anymore because the performance of this coin's investability has been so hampered by its corrosive masternode givaways that they sought out competitors without such a heavy burden and where more of their investment was returned in capital gain.

Recycling old evasive nonsense that relies on anecdotal accounts to create strawman arguments doesn't change that. All you need to know is there are three bases for the valuation of a crypto:

 • scarcity value
 • on-chain sinks
 • monetary velocity

The first of these is measured in the amount of financial effort required to extract a coin from the chain = (acquisition cost -  sale price). The second is the domain of de-fi in which Dash is not a player and the third is a race in which Dash has been left in the dust by competitors which are fully mined. Speculative values follow accordingly.

If you want to "clean up" the thread and improve the quality of debate then try posting something of substance that may address those points rather than grumbling, whining and recycling fossilised content Wink

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