( back stabbed dashcoin )
Dashcoin looks to be doing well! Even hit $10 USD in 24h volume today. Must be a whale buying in.
ROFL ... now that's what I'm talking about...
confirmed name stealing...
crosspost:
There's too much competition with the name DASH. Google search "DASH" and you'll find KarDASHian clothing, something to do with coding, paywithdash.com that appears to be a mobile payment app, and DASH soap.
Ask someone "can i pay with Dash?" and they may think you are talking about the payment app, not the cryptocurrency.
now I'm thinking, they might want to add "coin" to DASH...like DASHcoin LOL!
and where is minotaur26???
crosspost:
well dashcoin is still alive because of decentralization...evan created confusion.
this is outdated and wrong dashcoin is not POS + POW
the supply is not 184 billion it is 18.4 million
Dashcoin [DSH] is a textbook example on how de-centralized virtual currencies are supposed to work, and why the developers are not administrators as per the FinCEN guidance. https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html, They also cannot be issuers of the coin as a security. Other good examples are Monero (The takeover from thankful_for_today) and of course Bitcoin (The two sides on the blocksize debate). Market capitalization is not critical here given the wide range of capitalizations of the examples above.
What occurred with Dashcoin is that the Darkcoin Foundation attempted to buy Dashcoin as if it were a centralized virtual currency in order to become its administrator, as per the FinCEN guidance. The original intent was to shut it down. The motive for this was that they needed the common law trademark rights associated with the word dash for a trademark dispute with a third party. There was even an investor in the then Darkcoin who figured on purchasing 51% of all Dashcoins in order to "control" Dashcoin as if it were a company. His motivation was to protect his investment in the then Darkcoin after the failed takeover attempt of the Darkcoin foundation. The key here is that both of these attempts to turn Dashcoin into a centralized virtual currency failed, despite the minuscule capitalization of Dashcoin.
Hi Artic, I know you to be a reasonable person so let me just try to clarify something, the intention was never to shut down DSH, as you mentioned we were interested in the trademark rights so it was good for the project to continue working, for it to die would have been against our interests. The idea of us wanting DSH to die is just propaganda from the forums.
The other thing you mention is about that user MyFarm that has nothing to do with the Dash project other than having invested in it at some point and is AWOL for a long time now.
Even today the DSH marketcap is higher than before Dash took an interest in the project so the outcome was positive for everyone.
what part of Evan Duffield's statement you can't understand?
"the acquired project itself will not continue"
https://dashtalk.org/threads/official-statement-on-rebranding-to-dash.4297/
anyway it was an amazing display of power a decentralized crypto currency showed back then (by dashcoin). you DASH/darkcoin people failed and then try to white wash what happened.
Hi Ariel, no one failed, it was important for us for Dashcoin to continue as I already explained.
You are quoting something from our own forum, you must understand it was a complicated process for us too, re brands are not easy people at the time were wondering if the Dash team was going to take care of DSH and the answer to that was no, we would not continue with that project ourselves.
Anyway I just wanted to clarify this for Artic, I am not really looking to convince you of anything. We are happy with the results.
kindly elaborate this statement...if dashcoin continue working and what if not?
it reached all time low during that time, it only became slightly higher when you failed to kill dashcoin and that brings confidence to DSH coin and exposure..
you wanted it dead so you can have the name all for yourselves.
NONE of you people are in dashcoin thread until Evan back stabbed dashcoin holders, and now you are saying this? WOW! taking care my ass suddenly it became your project ... SUUUUPPERR WOW WHOOOH!!
hahaha