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

[r_victory]

Over 20 Investment Funds Hold Dash, and 40 More Plan to Add It

Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was conducted via email between March 2021 and December 2021. The 200 funds that responded collectively managed approximately $1.2 billion in cryptocurrency and blockchain investments.

Interestingly, the study found that 20 surveyed asset allocators already have exposure to Dash in their portfolio, including Valkyrie, Parallax Digital, Block Ventures, INDX Capital, and others. An additional 40 funds reported that they wanted to invest in Dash during the next 12 months, and 70% of respondents requested to receive the final results of Cointelegraph’s Dash investment thesis report.

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[toknormal]

Are you thinking of getting back in?  Why are pessimistic about the future?

We ARE in the future. You are seeing the fruits of policy right now.

This is the past:

[toknormal]

Descending smoothly into the $30 arena.

Free market revaluing masternode rewards to more closely reflect their true monetary contribution to the network. Note that Dash could have done this itself without causing such destructive carnage to the masternode collateral value, simply by adjusting the protocol.

[xkcdd]

Descending smoothly into the $30 arena.

Free market revaluing masternode rewards to more closely reflect their true monetary contribution to the network. Note that Dash could have done this itself without causing such destructive carnage to the masternode collateral value, simply by adjusting the protocol.

Dash is in deep value here, the strong accumulation of Masternodes continues, you are doing yourself a disservice by being constantly bearish, why not deploy capital and grow your position?

[toknormal]

Dash is in deep value here, the strong accumulation of Masternodes continues, you are doing yourself a disservice by being constantly bearish, why not deploy capital and grow your position?

What exactly is "deep value" when it's at home ?

Is that like, say, attributing a "deep buoyancy" quality to the wreck of the Titanic?

There's no "accumulation of masternodes". On top of the marketcap loss we've lost another 80 masternodes since my post of just 30 days ago.

Then: fourTwoTwoFive:

Now: fourOneFourSix:

[xkcdd]

Dash is in deep value here, the strong accumulation of Masternodes continues, you are doing yourself a disservice by being constantly bearish, why not deploy capital and grow your position?

What exactly is "deep value" when it's at home ?

Is that like, say, attributing a "deep buoyancy" quality to the wreck of the Titanic?

There's no "accumulation of masternodes". On top of the marketcap loss we've lost another 80 masternodes since my post of just 30 days ago.

Then: fourTwoTwoFive:

Now: fourOneFourSix:

As usual, you sure do you like to pick and choose your metrics to suit your specific narrative, the collateralised count has increased while the enabled count has decreased due to a ISP upgrade.  A better graph is available on this site.  https://mnowatch.org/dash-stats/?20220615112026

Deep Value refers to your own analysis where the masternodes would be paid a fair rate for their services delivered, I believe you reasoned that was about $30?  So, today when we dropped for a moment to $38, value investors made the most of it and drove the price upwards.  Deep Value is when the USD price is so ludicrously low that the BTC ratio is forced up simply from the ferocious buying on the USD pairs.  Oh you sour puss, you missed it again, Dash is trading at $43 as I post this, up from $38.  Will you be sour again throughout the next cycle?

[toknormal]

Dash is trading at $43 as I post this, up from $38.

Well you've sure developed the craft of putting lipstick on a pig into a fine art, I'll give you that. Better add to your inventory of stock replies...

Nº 271: All coins lost value
Nº 386: Hashrate's only a measure of carbon footprint
Nº 364: Dash was in a secular downtrend
Nº 210: we had some large elderly whales sell everything recently
Nº 142: Dash performs poorly leading into December
Nº 176: MNs aren't forced to sell, miners are
Nº 481: The instamine
Nº 482: Russia !!!
Nº 501: the count...must fall is to protect the income of the existing MNs
Nº 502: the collateralised count has increased while the enabled count has decreased due to a ISP upgrade


P.S. Given that CMC's "mineables" filter effectively represents the control group for Dash's little experiment in donating an entire ~50% of mined supply to nodes instead of miners (who are actually the group paying for it), how about producing a graph of total "mineables" marketcap from the last 3 years and overlaying Dash's share of that marketcap ?

That would actually be a useful metric for a change if you really want to craterpromote your case for "store of value"  

[Pang.]

It is absurd to make an apology about the price of Dash. The metrics are clear, and the excuses are absurd.

We were x5 above monero years ago, above ETH, way above LTC, way above ZEC, we capitalized way more than ETC... And now we're looking for excuses for the shit Dash has been these past few years.

If I carry the weight of a company and that company goes bankrupt because of my decisions, then I will be to blame.

So many bad decisions made by DCG come to mind, and many backed by MNs that I think we get what we deserve.

$40 for a Dash while an ETH is paid above $1000 or a Monero above $105

Stunt planes, buses traveling across the USA, logo changes for thousands of dollars, dash monetary helicopters over Venezuela, ATMs that never arrived, marijuana paid with Dash for everyone, and now it seems that even Dash Direct is starting to have problems.

The one that has endured until here is only for two reasons. One, that they bought in the early days when Dash was a few cents, and the second is that they are stuck with very high prices, and keep the investment hoping to recover one day.

Buying now at these prices is a crossroads as we depend on Dash being sued by people, and truly right now, I don't see any reason to sue Dash.

Why should I buy Dash at $40? To sell it for $60?... is that the reason?

The Dash platform is becoming the new EVOLUTION, it's coming out soon, it's coming out soon and nothing ever comes out.

Greetings and health.

[toknormal]

Breakthrough for Dash's sector - payments. Mainstream getting into crypto.

[xkcdd]

Breakthrough for Dash's sector - payments. Mainstream getting into crypto.

They are using Bitpay as the payment processor which unfortunately Dash is not on.  We have approached them recently for an integration and were quoted a ball park figure of $100k to get it done, but if enough customers nag them to add Dash, they will add it, they are a business after all and want the revenue stream.

https://simpleflying.com/vueling-airline-bitcoin-crypto-payments/

[toknormal]

They are using Bitpay as the payment processor which unfortunately Dash is not on.  We have approached them recently for an integration and were quoted a ball park figure of $100k to get it done

Has it occurred to you that masternodes are paid over 2 & a half times that amount every single week - even at these prices - for doing next to nothing ?

[jdmcg]

They are using Bitpay as the payment processor which unfortunately Dash is not on.  We have approached them recently for an integration and were quoted a ball park figure of $100k to get it done

Has it occurred to you that masternodes are paid over 2 & a half times that amount every single week - even at these prices - for doing next to nothing ?

We've had this discussion already but perhaps I'll try again to summarize it here as succinctly as possible what was already said across multiple posts...

You are correct, as Dash is, masternodes are paid too much... then again there is an argument for rewarding early adopters and those that risk their capital despite you disregarding it.

In any case, you might have heard that Platform (or whatever it may be called) is in development and may actually be released this year. Everything I read indicates that there will be a cost to use these new services so the economics of Dash will change. Will masternodes be even more overpaid? Could be but until a closer thing to a complete product is available and we see what kind of demand it garners we're both just speculating.

[toknormal]

... then again there is an argument for rewarding early adopters and those that risk their capital despite you disregarding it.

...an argument that has now been comprehensively lost

...Platform (or whatever it may be called) is in development and may actually be released this year. Everything I read indicates that there will be a cost to use these new services so the economics of Dash will change

You mean they might cost $30 a month to host instead of $10 ?

The "economics of Dash" are simple. They work like this:

1. both miners and masternodes constitute its primary markets in that they are the first holders of newly issued supply

2. in the case of miners, they are required to effectively "purchase" their coins in that market in a competitive bid, thereby creating demand that offsets their subsequent supply to secondary (exchange) markets

3. in the case of masternodes, no such offsetting "purchase" exists (once nodecount equilibrium is established as we have now) and so they constitute net sell pressure only

None of that changes with "platform". The economics are the same and the "costs" incurred by masternodes are still going to be symbolic in nature only in comparison to rewards, especially if the price reaches anything significant. So we'll be stuck in the same rut as now, just with a few more bells and whistles, nothing to do with boosting store-of-value for new investors and everything to do with masternodes chronically leeching away the marketcap with un-earned rewards.

[WastedLTC]

Breakthrough for Dash's sector - payments. Mainstream getting into crypto.

They are using Bitpay as the payment processor which unfortunately Dash is not on.  We have approached them recently for an integration and were quoted a ball park figure of $100k to get it done, but if enough customers nag them to add Dash, they will add it, they are a business after all and want the revenue stream.

https://simpleflying.com/vueling-airline-bitcoin-crypto-payments/

Wonder if 100k proposal would be approved for that..  =?

[xkcdd]

Recently Crowdnode and DCG released their Swipe to Stake feature for Andriod. To introduce the feature they held a twitter space, listen back to the space here https://twitter.com/i/spaces/1lPKqmLydyZKb?s=20

[broadhurst]

Recently Crowdnode and DCG released their Swipe to Stake feature for Andriod. To introduce the feature they held a twitter space, listen back to the space here https://twitter.com/i/spaces/1lPKqmLydyZKb?s=20

As someone said before,  7000 pages of masternode and technobabble nonsense.

[beazapelacyjnie]

You've hired a lot of programmers lately, why has evolution not been stuck for such a long time promised ... end of 2017? I remember well..? Instead of improving the currently functioning cryptocurrency much better than others, it is better to use the funds for decent marketing. DC hired 16 programmers, which could be replaced by 16 YouTubers promoting dash, the chance of raising the price much greater. BitBoy Crypto example, the price has gone up significantly.
 Shitcoins such as dogecoin which is practically an abandoned project by promotion soared upwards with capitalization other projects that do not have DAO did not drop to the BTC price level at the beginning of the project development. The same can happen with dash that it will shoot up with the price, but you are wasting money on a team that does not increase or increase interest in the project. Finally spend money on marketing give free DC holidays the price will go up and the motivation and the will to develop will come back to the project. sorry for the syntax (translate)

[toknormal]

it is better to use the funds for decent marketing

Dash is one of the most "marketed" cryptocurrencies ever. It had more "marketing" budget available to it than any other contemporary crypto.

Its demise has nothing to do with marketing and everything to do with its monetary economics which essentially depends on permanent "givaways" which chronically erode the marketcap due to being way too over-allocated.

If you set the issue price to zero for over half the supply from a mined blockchain, then obviously that supply is simply going to get dumped on markets to realise an instant gain.

That's all there is to it. Not rocket science.

[Alexey45]

Is everything okay? Is the coin still alive?

[xkcdd]

There was a really interesting twitter space this weekend detailing the upcoming integration of Dash onto the Thorchain DEX.  You can play it back here: https://twitter.com/thorchain/status/1554857187880718338