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

[podpod]

MNOs are paid to hold DASH, reduce that payment and coins will be sold.  Miners are paid to secure the network, however, their importance was reduced somewhat with the advent of LLMQ CL and the fact we are the dominant X11 coin, this means we are able to divert some of their rewards into securing (from selling) the supply.
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The ones who hold dash should be paid more and the ones who work to earn it less ?

This is why I sold my dash. As an outside investor I see no attraction to get back in

Good luck. You need it
[/quote]

Maybe DASH will get to its ATH but that would be a massive feat.

At the moment, I dont think there is a lot of demand for dash.
But it may change.

[xkcdd]

Maybe DASH will get to its ATH but that would be a massive feat.

At the moment, I dont think there is a lot of demand for dash.
But it may change.

Today we reached all the way to $230, it looks like demand is good.  Maybe we can even finish the year at $270, perhaps $330, that would be amazing for us 2022 could be the year some serious gains happen now that old people like Tokenormal and DashAF are gone, new people can finish the job.

[toknormal]

MNOs are paid to hold DASH, reduce that payment and coins will be sold.

So what ?

They'll just be bought again and the masternode count will re-stabilise at some arbitrary point, except this time not haemorrhaging all the investor capital out of the chain that it did before.

The protocol doesn't control the value of the masternode reward, the market does and the market has already "reduced that payment" and coins have been getting "sold off" for the last 4 years.

In fact in my view that fact that Dash is finally addressing its own "elephant in the room" and making itself more appealing to outside investors instead of just existing ones would be seen as bullish by the market and create a run on Dash.

[afbitcoins]

Masternodes are extremely greedy and will never part with their percentage of profits.
Everything is bad...

MNOs are paid to hold DASH, reduce that payment and coins will be sold.  Miners are paid to secure the network, however, their importance was reduced somewhat with the advent of LLMQ CL and the fact we are the dominant X11 coin, this means we are able to divert some of their rewards into securing (from selling) the supply.

Miners are paid by who? Dash Core Group? Ryan Taylor? Masternode owners ? The magic dash fountain? who is paying them?

Miners don't just secure the network (that is a side effect if anything), they provide scarcity and thereby value. Mining is an arms race injecting ever more value into the network and the coins.

Unless you are Dash that is

Is there evidence miners are less likely to hodl than masternode owners? I need to see proof because I smell bullshit  

[toknormal]

Is there evidence miners are less likely to hodl than masternode owners? I need to see proof because I smell bullshit  

Even if there is it doesn't matter because miners have a transaction on the "buy side" to compensate for their sale. So at worst they're brokers, not sellers. An exchange investor is the ultimate net buyer.

Masternodes however have no such compensating activity on the "buy side". They are net sellers when rewards are realised. The investor who buys their coin ? Their investment capital does not reach the blockchain, it gets diverted into MN pocket never to be seen again by the Dash ecosystem.

This is what eats the marketcap on a chronic basis relative to fully-mined competitors.

[xkcdd]

Is there evidence miners are less likely to hodl than masternode owners? I need to see proof because I smell bullshit  

Even if there is it doesn't matter because miners have a transaction on the "buy side" to compensate for their sale. So at worst they're brokers, not sellers. An exchange investor is the ultimate net buyer.

Masternodes however have no such compensating activity on the "buy side". They are net sellers when rewards are realised. The investor who buys their coin ? Their investment capital does not reach the blockchain, it gets diverted into MN pocket never to be seen again by the Dash ecosystem.

This is what eats the marketcap on a chronic basis relative to fully-mined competitors.

This is the sort of twisted logic I've come to expect from governments. Jog on, Toknormal.

[pabloangello]

Dash looks pretty good

[toknormal]

This is the sort of twisted logic I've come to expect from governments. Jog on, Toknormal.

Except it just keeps delivering "results".

Funny that.

Now that we're in the top-80 marketcap rankings with transaction count on the deck (due to a gazilion competing decentralised payment methods on offer) and store-of-value performance on the deck (due to a torpedoed mining quota), maybe your own mantras might start to have some effect.

Never mind that none of the scarcity-based mined offerings support SIMULTANEOUSLY a very high mining quota that can compete with bitcoin's store-of-value performance AND a service network that can compete with the best de-fi has to offer. But we would not want to avail ourselves of that unique market vacancy would we ? That would be stupid and a "waste of hashrate".

The only question now therefore is:

"how low"
"does the bar have to go ?"

[Pang.]

I hope that with the arrival of the Dash platform, we can see real advertising in the style of this:

https://twitter.com/i/status/1461001926615736335

https://www.theguardian.com/sport/2021/nov/17/la-lakers-home-to-be-renamed-cryptocom-arena-in-reported-700m-deal#:~:text=Staples%20Center%20is%20getting%20a,owner%20AEG%20announced%20Tuesday%20night.

[bigrcanada1]

Its unbelievable what a bunch of disingenuous and/or delusional morons some of you are.  If mining were so f#$#ing important, then why is DASH in the top 14 coins when filtered by minable?  Being in the top of CMC has ZERO to do with who's receiving the block rewards between miners vs masternode owners!    60 of the top coin projects aren't even minable!    Stop, you sound pathetic!

[Dahaa]

This shit will soon be giving away for free. There is no more money even for bots here.

[toknormal]

If mining were so f#$#ing important, then why is DASH in the top 14 coins when filtered by minable?

LoL !! Are you serious ? There only are 14 "mineables" in the entire top-80 digital assets and we're...wait for it..number 14 amongst them !  

If you count staying more valuable than Ravencoin as a success then why not invest in litecoin instead ? It's even more valuable than Dash.

That is why mining is "so f#$#ing important", especially if you're a "mineable" because you don't have any on-chain sink to generate demand from hosted applications. It's all in the scarcity value which uses mining as the transmission mechanism to get capital "into the chain" as described here.

[xkcdd]

Dash is a solid Top 100 coin.

[Pang.]

Dash is a solid Top 100 coin.

At the moment Dash fulfills its mission.

If we gradually achieve a DEFI where small investors deposit a part of their capital, we will advance further.

I have been asking DCG to make a stacking wallet for years but them has never been interested. They always sold us master node shares, but the years go by and we will see if 2022 brings something of what was promised. At least the crowdnode guys are going to give us something that we should have had years ago.


Sure enough, if Dash hasn't died already, it will stay alive for many years. Its survival is based on its value, and its value is derived from use.

Give Dash a global Dash Direct on all continents, offer your holders a VISA, and you will see how little by little, Dash is not only used to be cash, but also to be a reserve currency,

Every penny that Dash network earns multiplies its growth possibilities, and each time a new wallet is created for a new person, new payment possibilities are opened up to this person at lightning speed and safely ... even the safest there is today.

[Alexey45]

https://www.youtube.com/watch?v=MWL9_rQdslk

Where are you all?
Where is the powerful advertising?
Where are the 10,000 posts a day about DASH?
Where is the crazy growth of the coin?
Advertising manager are you sleeping?

[xkcdd]

Where are you all?
Where is the powerful advertising?
Where are the 10,000 posts a day about DASH?
Where is the crazy growth of the coin?
Advertising manager are you sleeping?

Alexey45, those are good questions, are you aware of the Dash Marketing Hub?  It is a grass roots initiative to promote Dash and bring more attention to it, anybody can submit a concept and take a bounty to do some promotion for Dash.  Do you have some ideas?  Are you capable to spread the message of Dash?  Why not take a look at the trello board today !

https://youtu.be/uwGVTzloIcQ
https://www.dashcentral.org/p/dash-marketing-hub-2
https://trello.com/b/kk4LcqJY/dash-marketing-hub

[toknormal]

https://youtu.be/uwGVTzloIcQ
https://www.dashcentral.org/p/dash-marketing-hub-2
https://trello.com/b/kk4LcqJY/dash-marketing-hub

Dash isn't some kind of product like toothpaste where marketing makes the difference in terms of competitive performance.

If it works as a store of value it attracts capital from investment markets. If it doesn't work as a store of value it bleeds capital to other assets that work better.

Marketing isn't going to change a damn thing except keep a few existing investors happy. A comfort blanket. We are great at marketing to ourselves but seem uninterested in anyone else. Anyone outside of the Dash ecosystem.

The best marketing you can get is to slide up the rankings on CMC. To do that you need an efficient mechanism to transfer capital into the chain, not to bleed it out of the chain as un-earned masternode rewards do.

That's all it there is to it.

[WastedLTC]

Its unbelievable what a bunch of disingenuous and/or delusional morons some of you are.  If mining were so f#$#ing important, then why is DASH in the top 14 coins when filtered by minable?  Being in the top of CMC has ZERO to do with who's receiving the block rewards between miners vs masternode owners!    60 of the top coin projects aren't even minable!    Stop, you sound pathetic!

Don't let them get under your skin

[Alexey45]

https://mnowatch.org/dash-stats/

The graph shows well that the masternode is not profitable. People sell their MN
The bull market happens once every 4 years and everyone wants to earn a lot more than 6%
Make powerful ads! And flew to the moon)

[xkcdd]

https://mnowatch.org/dash-stats/

The graph shows well that the masternode is not profitable. People sell their MN
The bull market happens once every 4 years and everyone wants to earn a lot more than 6%
Make powerful ads! And flew to the moon)

Yes, Alexey45, I see it too, we've had a large holder exit DASH and that caused the sharp dip in the count of masternodes, but what it also did is push up the return (in DASH) for running a masternode and I am very keen to learn at what rate the market sees value in running a masternode again and starts accumulating them creating our next bubble.  Also, Alexey45, take a look at the recent price action, despite heavy masternode selling, did you see the price dip?  No.  Instead it held its ground, this is very bullish, this is showing there is great underlying demand for DASH already and once this big seller is out of the way we could see a breakout.