Author

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1001. (Read 9724130 times)

legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
Hello Dashers!

The current budget has 50 DASH unallocated for the next month. If you haven't voted yet, please consider supporting me for my promotional and community building efforts. I am gearing up to work even harder for Dash, but I would need a vote of confidence from the investors.

Please consider my proposal an alternative to simply burning the Dash. I guarantee you, I am providing value for the network!  Grin



VOTE YES: dash-cli mnbudget vote-many cc9f47f22ca96c3a8553a46e4a761eb58ccd6e7e8fec772fa5295bc42a484dab yes

VOTE NO: dash-cli mnbudget vote-many cc9f47f22ca96c3a8553a46e4a761eb58ccd6e7e8fec772fa5295bc42a484dab no

Cheers, Tao.
Bump. 18 hours to go before the budget is finalized!
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
As the topic of why masternode owners are likely long term investors was brought up, I'm happy to chime in.

During the day I'm a derivatives trader. I really don't trust our markets so I never hold futures contracts for very long and whenever I do invest in something for the long term, I am always looking for the most yield with the least amount of risk.

Currently, I could park my money in treasuries, bonds, dividend paying stocks or even write my own options. What becomes fairly apparent when looking into all of these though is that the yield on both the safer and riskier investments is so low right now that at this point in time, they don't make a lot of sense unless those are your only options.

While Dash is not the only crypto I hold, it is currently the only one that does offer an inviting yield on your investment. On my masternodes I currently make 10% annual ROI. About 1.75% of that does get taken away whenever I convert masternode payments back to fiat due to various exchange fees but the remaining 8.25% is still a fantastic return.

While I know this is anecdotal evidence, I do think its safe to assume that a good portion of other masternode owners have performed a similar assessment of what will offer the greatest "guaranteed" ROI and chose to invest in Dash and its masternodes because of this. All investments have risks and your initial investment could go down in value. Dash is no exception but considering that I actually have voting power as to the direction of my investment, I feel comfortable holding Dash for the long term over lets say Intel or Apple stock where I could be earning a much smaller dividend with lower risk but would not have the same voting power.

Without incentivized nodes, I am beginning to doubt the long term viability of other currencies as I think they will eventually face the same problems that bitcoin is now. I really hope more currencies begin to incorporate incentivized nodes and I know there are several that are.




Well said, it's such a unique opportunity, you just kind of want to be a part of it just to see where it goes. Something like this has never been done before, and to be one of a handful who were smart enough to get in on it in the beginning is an honor. Even if the risk is great (nothing is guaranteed), the sheer intrigue of the whole thing hooked me. Nothing is sweeter than sending that vote command to the network and having your opinion be counted, as well as many others, all in a decentralized way.

In my opinion, the financial rewards for masternodes are just gravy at this point.
newbie
Activity: 13
Merit: 0
As the topic of why masternode owners are likely long term investors was brought up, I'm happy to chime in.

During the day I'm a derivatives trader. I really don't trust our markets so I never hold futures contracts for very long and whenever I do invest in something for the long term, I am always looking for the most yield with the least amount of risk.

Currently, I could park my money in treasuries, bonds, dividend paying stocks or even write my own options. What becomes fairly apparent when looking into all of these though is that the yield on both the safer and riskier investments is so low right now that at this point in time, they don't make a lot of sense unless those are your only options.

While Dash is not the only crypto I hold, it is currently the only one that does offer an inviting yield on your investment. On my masternodes I currently make 10% annual ROI. About 1.75% of that does get taken away whenever I convert masternode payments back to fiat due to various exchange fees but the remaining 8.25% is still a fantastic return.

While I know this is anecdotal evidence, I do think its safe to assume that a good portion of other masternode owners have performed a similar assessment of what will offer the greatest "guaranteed" ROI and chose to invest in Dash and its masternodes because of this. All investments have risks and your initial investment could go down in value. Dash is no exception but considering that I actually have voting power as to the direction of my investment, I feel comfortable holding Dash for the long term over lets say Intel or Apple stock where I could be earning a much smaller dividend with lower risk but would not have the same voting power.

Without incentivized nodes, I am beginning to doubt the long term viability of other currencies as I think they will eventually face the same problems that bitcoin is now. I really hope more currencies begin to incorporate incentivized nodes and I know there are several that are.



hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
wow...another 3 Masternodes added!  4078 Masternodes active... I'm liking the dumping by day traders and speculators in favor of long term holders!  Very positive that many others think the same way.    

Thats $45,000.000.00 held in long term reserve hands...61% of Market Cap held by long term Masternode owners!  


 Welcome back Adam!
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
wow...another 3 Masternodes added!  4078 Masternodes active... I'm liking the dumping by day traders and speculators in favor of long term holders!  Very positive that many others think the same way.   

Thats $45,000.000.00 held in long term reserve hands...61% of Market Cap held by long term Masternode owners! 
legendary
Activity: 1204
Merit: 1010
Hey. There is Upgrade of my «Alex-ru: DASH photo-bank»
(https://goo.gl/photos/kCRq2MonTKYhcWQr5)

1. All pics are in bigger resolution now (1920 pix width);
2. «www.dash.org», «instantX» and other texts are removed to allow more flexible usage of pics;
3. Some compositions are edited/optimized.

Feel free to use any of these pics to promote DASH. Thanks.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
If you can help with the $MUE migration to X11 with MasterNodes we'd like to hear from you.
Our ANN
https://bitcointalksearch.org/topic/ann-monetaryunit-mue-pos-masternodes-funding-governance-services-devs-778322
Our Slack auto-inviter
https://mueslack.herokuapp.com
Thank you

sorry, i looked at your signature  Embarrassed  Tongue
anyways, good luck with your migration.
Even though it said don't!? You're a trouble maker aren't you :p
Cheers though Smiley
legendary
Activity: 2548
Merit: 1245
If you can help with the $MUE migration to X11 with MasterNodes we'd like to hear from you.
Our ANN
https://bitcointalksearch.org/topic/ann-monetaryunit-mue-pos-masternodes-funding-governance-services-devs-778322
Our Slack auto-inviter
https://mueslack.herokuapp.com
Thank you

sorry, i looked at your signature  Embarrassed  Tongue
anyways, good luck with your migration.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
If you can help with the $MUE migration to X11 with MasterNodes we'd like to hear from you.
Our ANN
https://bitcointalksearch.org/topic/ann-monetaryunit-mue-pos-masternodes-funding-governance-services-devs-778322
Our Slack auto-inviter
https://mueslack.herokuapp.com
Thank you
legendary
Activity: 2548
Merit: 1245
Interesting, BTC price is higher on Bitfinex but volume is higher on Poloniex and it involves the XMR/BTC pair directly.
I guess that means that BTC is rising due to XMR holders switching to BTC ?



You are probably right.

And that volume on itBit is it normal?

i just noticed it too (i edited my previous post before reading your post), it is strange to see such high volume there.
Maybe these are customers switching from using Bitfinex (which still has not opened-up fully about their hacked exchange)
to using other exchanges ?  
legendary
Activity: 1052
Merit: 1004
Interesting, BTC price is higher on Bitfinex but volume is higher on Poloniex and it involves the XMR/BTC pair directly.
I guess that means that BTC is rising due to XMR holders switching to BTC ?



You are probably right.

And that volume on itBit is it normal?
legendary
Activity: 2548
Merit: 1245
Interesting, BTC price is higher on Bitfinex but volume is higher on Poloniex and it involves the XMR/BTC pair directly.
I guess that means that BTC is rising due to XMR holders converting to BTC ? Or maybe due to more BTC buy-pressure from itBit ?

legendary
Activity: 2548
Merit: 1245
For those in need of further discussion (to be honest mostly for those poor trolls that we put on ignore), i created a thread in the altcoin discussion section :

The battle over online privacy (Dash / Monero / Zcash)
https://bitcointalksearch.org/topic/the-battle-over-online-privacy-dash-monero-zcash-1607174
legendary
Activity: 3444
Merit: 1061
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.

Thanks for the heads up, done!  Wink

http://cryptohustle.com/the-battle-over-online-privacy





Its a good thing Dash moved away from darknet...  

Nice catch here, very interesting, it would partialy explain some of the recent exit pumps.

On another note what's up with BTC? Any guesses?

I have said it many times... We should never court or market to the darknet or Deep Web.  That is not where our future lies.   Let others cater to that market if they wish.

you must have a new variety in your vineyard called "sour grapes" LOL

i bet it is the darknet or deep web who wanted the technology, so they must be the one doing the courting hehe

anyway, if darknet people wanted to use dash they will use it if they want to, there's nothing you can do about it. so if you don't want people to be anonymous/private, why not remove private send and stop your masternodes from mixing coins?.. and then dash will become just like any other shitcoin out there with fast coin transfers and shiny GUI?  haha
legendary
Activity: 1790
Merit: 1100


3 in a row! Not bad guys.
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.

Thanks for the heads up, done!  Wink

http://cryptohustle.com/the-battle-over-online-privacy





Its a good thing Dash moved away from darknet...  

Nice catch here, very interesting, it would partialy explain some of the recent exit pumps.

On another note what's up with BTC? Any guesses?

I have said it many times... We should never court or market to the darknet or Deep Web.  That is not where our future lies.   Let others cater to that market if they wish.
legendary
Activity: 2548
Merit: 1245
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.

Thanks for the heads up, done!  Wink

http://cryptohustle.com/the-battle-over-online-privacy





Its a good thing Dash moved away from darknet...  

Nice catch here, very interesting, it would partialy explain some of the recent exit pumps.

On another note what's up with BTC? Any guesses?

oh my, BTC moving up. i didn't notice that, a bit unexspected.

thanks.
legendary
Activity: 1052
Merit: 1004
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.

Thanks for the heads up, done!  Wink

http://cryptohustle.com/the-battle-over-online-privacy





Its a good thing Dash moved away from darknet...  

Nice catch here, very interesting, it would partialy explain some of the recent exit pumps.

On another note what's up with BTC? Any guesses?
legendary
Activity: 2548
Merit: 1245
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.
sorry.. Embarrassed  I was having some fun punting the poor troll around.  But I really do have to go as my staff are now giving me the stink eye. lol .  Thanks qwizzie. 

no problem
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
can we please just put volyova on ignore, he already proven to be a troll and he is cluttering up this forum
with his troll posts and the replies he get.

thank you.
sorry.. Embarrassed  I was having some fun punting the poor troll around.  But I really do have to go as my staff are now giving me the stink eye. lol .  Thanks qwizzie. 
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