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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9722933 times)
DogTheHunter
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July 06, 2014, 12:03:59 PM
 #42361

361 coins on coinmarketcap. All competing. All trying to attract the same money.

I wouldn't look at it this way.

The worlds available investment capital is in the TENS OF TRILLIONS, not the laughable 10 billions that the total cryptocoin marketcap is.

So obviously altcoins are trying to attract NEW people with NEW money.... so trying to take away from other coins instead of attracting new people is totally retarded.

Having an opinion and having that opinion challenged is what moves humanity forward.

Being rude to people who are not rude to your community does nothing but hurt your community and the value of your currency.
flipme
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July 06, 2014, 12:05:44 PM
 #42362

Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.

number of masternodes is limited by the coin supply: 4,4 Million coins / 1000 = 4400 masternodes max

There wouldn't be any coins left then for transfers, because they all would be bound in MNs.
So max would be 4399 MNs with 1.000 DRK in circulation.

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DogTheHunter
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July 06, 2014, 12:12:12 PM
 #42363

Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.

number of masternodes is limited by the coin supply: 4,4 Million coins / 1000 = 4400 masternodes max

There wouldn't be any coins left then for transfers, because they all would be bound in MNs.
So max would be 4399 MNs with 1.000 DRK in circulation.

So there is a self balancing mechanism which pivots around the number of master nodes locked up which impacts the coin supply, which impacts the price based on demand. Demand is a function of anonymity derived from the strength and utility of the anonymity provided by the network.

Beautiful.
flipme
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July 06, 2014, 12:26:02 PM
 #42364

Is there a maximum number of master nodes that the network will allow?

If yes, would Master Nodes become an asset class?

It is an asset NOW and will be for a very long time...the only altcoin with the future IMO.

An asset class means that you can sell some of the future revenue potential it generates as part of your current sell price.

If there is a limited number of master nodes, you can say, I will sell you my master node for 3 times the current value.  Thats how stocks and investment property work, but only if there is scarcity of supply.

number of masternodes is limited by the coin supply: 4,4 Million coins / 1000 = 4400 masternodes max

There wouldn't be any coins left then for transfers, because they all would be bound in MNs.
So max would be 4399 MNs with 1.000 DRK in circulation.

So there is a self balancing mechanism which pivots around the number of master nodes locked up which impacts the coin supply, which impacts the price based on demand. Demand is a function of anonymity derived from the strength and utility of the anonymity provided by the network.

Beautiful.


It is an asset class. There could be ETFs or short term bonds for MNs, reseller models are already popping up.

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.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
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splawik21
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DASH is the future of crypto payments!


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July 06, 2014, 12:28:42 PM
 #42365

In this case do I have to change IP, privkey and wallet addresss???
When finally I am choses one Wink the payment goes to someone else.... dont understand it much ..... and I`ve read the posts of chaeplin which explains it a bit ... but I don`t understand them anyway...know only that with C4 there will be no more problems with it Smiley

Date/Time    Number    Who/pool    Masternode
Payee[from confirmed block]    [from confirmed block]    Expected
Payee[from getblocktemplate]
07/05 06:21:19   96778 [1][2][3]   wafflepool   innmlist: XtZT6Fq2dVqi2LhyxaGEAf7bKYvTTzYVrx   1.000000   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE
07/04 17:27:26   96481 [1][2][3]   p2pool   innmlist: XsvwpGqu9BXSLckjgMDKbbjxPbhYnRttaM   1.000000   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE
07/03 14:38:50   95862 [1][2][3]   darkcointalkorg   innmlist: XtZT6Fq2dVqi2LhyxaGEAf7bKYvTTzYVrx   1.000000   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE
07/01 11:55:12   94706 [1][2][3]   BlackCoinPool   tx_0_vout_1   -   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE
07/01 02:21:33   94485 [1][2][3]   pool_unknown_108   tx_0_vout_1   -   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE
06/26 13:56:42   91998 [1][2][3]   pool_unknown_124   tx_0_vout_1   -   XsEwtJJC8nBAhNgNWTVUK9C9kZQGE9shyE

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
blajde
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July 06, 2014, 12:32:54 PM
 #42366


Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.


If you can't see the price go up above 0.02 again.. HAHA WTF M8 WHY ARE YOU HERE?!!
Brilliantrocket
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July 06, 2014, 12:36:01 PM
 #42367



Looks like RC4 might get us back to 0.015 or 2 at the max. I don't see us ever getting above that again.

Need to rely on BTC for the dollar price from now on.

Alternative theories welcome.


Are you high? If a shitcoin like Litecoin can hit 300 mil, why couldn't a coin with actual utility?
splawik21
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July 06, 2014, 12:41:03 PM
 #42368


Are you high? If a shitcoin like Litecoin can hit 300 mil, why couldn't a coin with actual utility?

Bravo!

BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
tombtc
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July 06, 2014, 12:42:13 PM
 #42369

toknormal account hacked?
gadado
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July 06, 2014, 12:56:09 PM
 #42370

just scaned

https://elbzo.net/masternodes.html

and spoted an anomaly with XnSmm1JMRHxvx5nfwsWrwDM3ASkQJU3tzP

catching payment from every block right now.. is that one a fork for something?

edit: sry read the page wrong. the payments went to other addresses

r4vani
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July 06, 2014, 12:59:25 PM
 #42371

The running time of RC4 a few days is ?

Date please ?

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georgem
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July 06, 2014, 01:03:08 PM
 #42372

361 coins on coinmarketcap. All competing. All trying to attract the same money.

I wouldn't look at it this way.

The worlds available investment capital is in the TENS OF TRILLIONS, not the laughable 10 billions that the total cryptocoin marketcap is.

So obviously altcoins are trying to attract NEW people with NEW money.... so trying to take away from other coins instead of attracting new people is totally retarded.

Having an opinion and having that opinion challenged is what moves humanity forward.

Being rude to people who are not rude to your community does nothing but hurt your community and the value of your currency.

If you took the totally retarded personally, let me make it clear that it wasn't directed at you, but at the general altcoin scene.
Kinda makes me wonder, how it's even possible that somebody could take my phrasing personally???

piyany
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July 06, 2014, 01:04:07 PM
 #42373

The running time of RC4 a few days is ?

Date please ?

End of month? Software development takes time, innovations take even more time and testing.
toknormal
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July 06, 2014, 01:04:17 PM
 #42374

Are you high? If a shitcoin like Litecoin can hit 300 mil, why couldn't a coin with actual utility?

I'm not saying it can't, I'm just speculating about the revaluation potential of RC4. 50%-100% revaluation isn't bad. We're already 5-6 times the cap of the nearest X-Coin competitor so that would put us 8-10 times.

On the other hand, if DRK starts to "pull away" and be seen as some kind of lone challenge to the 2nd place then that might prove to be a very powerful driver. For me that's no more than wishful thinking right now though which is why I'd rather be realistic.

If you can't see the price go up above 0.02 again.. HAHA WTF M8 WHY ARE YOU HERE?!!

Because I don't only invest for the reason that I think I'm going to make multiples of gain. Sometimes investing is an end in itself. I like this project technically, I believe it is the most committed and original long term "anon" project and I'd like to be a part of it which is why I spent time learning about and setting up a masternode. So I won't be ditching my holdings but one thing I hate is mutually reinforced delusional thinking. It happened when we are at 277 - there was some very realistic advice given and dismissed as FUD. There was too much evangelism around to discuss the matter calmly and dispassionately. Yet here we are right where that advice said we were going to be.

We may well see 2+ again but we may well not ever. If people don't admit then they just haven't been trading long enough because that's the nature of the alt coin market who's agenda and priorities move very quickly from one thing to the next. The long term fortunes of this coin will be far healthier if that simple fact is recognised and acknowledged.

If your in need of a reality check, take a look at the history of one of the best and most promising coins ever produced, which had a profile on mainstream BBC news amongst others - Peercoin.
cryptoboard
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July 06, 2014, 01:05:30 PM
 #42375

Crypto Board - Head up for Our Darkcoin Article

Our launch title for Darkcoin will be Darkcoin on par with Litecoin
  • Why Whales (Big Player) are manipulating Darkcoin for LTC?
  • History of Darkcoin.
  • Uncertainty of Darkcoin.

Stay Tune for IOS app release soon.
r4vani
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July 06, 2014, 01:10:22 PM
 #42376

The running time of RC4 a few days is ?

Date please ?

End of month? Software development takes time, innovations take even more time and testing.
i know this but I mean an official release date i read somewhere that said 16 jul for RC4 it's be true?

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Brilliantrocket
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July 06, 2014, 01:12:19 PM
 #42377

The running time of RC4 a few days is ?

Date please ?

End of month? Software development takes time, innovations take even more time and testing.
i know this but I mean an official release date i read somewhere that said 16 jul for RC4 it's be true?
Late July. No date has been given yet.
hartvercoint
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July 06, 2014, 01:14:17 PM
 #42378

The running time of RC4 a few days is ?

Date please ?

End of month? Software development takes time, innovations take even more time and testing.
i know this but I mean an official release date i read somewhere that said 16 jul for RC4 it's be true?

Some troll spread that date. There's nothing to it. No date fixed.

It's done when it's done Roll Eyes
r4vani
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July 06, 2014, 01:15:16 PM
 #42379

The running time of RC4 a few days is ?

Date please ?

End of month? Software development takes time, innovations take even more time and testing.
i know this but I mean an official release date i read somewhere that said 16 jul for RC4 it's be true?
Late July. No date has been given yet.
thx,because i sell my mining rig and i want buy more dark for next year Smiley

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July 06, 2014, 01:23:02 PM
 #42380

Anyone see this article in Reuters about Anonymous Cryptocurrency?

http://www.reuters.com/article/2014/07/02/idUSnGNXbb8nSq+1c2+GNW20140702


It's an interesting article and a good thing for cryptocurrency to get this kind of media exposure.

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