[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 153.

qwizzie

legendary

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Only 8 more active masternodes, before we have a new ATH for Dash number of active masternodes

Talking about ATH, Ethereum is having one new ATH after another with their transaction fees (gas price)

Source : https://www.coindesk.com/decentralized-finance-frenzy-drives-ethereum-transaction-fees-to-all-time-highs

How high will their gas price get ? Stay tuned Grin

I must say this all does remind me of the network congestion and high gas fees that their cryptokitties Dapp inflicted on their network in 2018, only it is getting much worse now because
of massive DeFi transactions traffic and the network lacking any kind of short term scaling solution.
I wonder where all that DeFi transactions traffic will flow to, once Ethereum network utilization grows from 95% (currently) to 100% Undecided

Dash average fee for comparison : $0,004 cents

Source : https://terminal.bytetree.com/dash (featured charts)

I am not saying that DeFi transactions will start flowing to Dash, as Dash does not have smart contract capabilities yet. And those smart contracts that will get available with Dash Platform
are more data-driven and data-stored smart contracts, not execution-focused smart contracts like Ethereum. Unless there are partnerships formed with Dash, where the DeFi transactions
will be handled and processed through the Dash network. Dash could then become a sidechain for processing DeFi transactions i guess.

TaoOfSaatoshi

legendary

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Dash Nation Founder | CATV Host

The Importance of Governance in Digital Currency Projects

Over the course of cryptocurrency's existence, we have seen it capable of some amazing things. However, the techonological prowess of this relatively new industry invariably meets with human shortcomings when it comes to governance. Find out bad examples of crypto governance, and how one project is melding technology with the human factor in an innovative way on this episode of CATV.

Thanks for watching!

toknormal

legendary

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Dash/BTC in V-shaped recovery mode after last night's weak hands freakout session.

TaoOfSaatoshi

legendary

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Merit: 1014

Dash Nation Founder | CATV Host

Dash Text: The Easiest Way to Send Dash with a Message

Can you imagine that every second about 193,000 text messages are sent worldwide? Well, According to data from the ITU (International Telecommunication Union), in 2011 more than 7 billion messages were sent by people around the world.

Nowadays, a large percentage of the world population owns a phone device and sending text messages continues to be one of the most popular features of mobile phones, regardless of the age of the users. In fact, there are companies that continue betting on the simplicity of sending an SMS, with a specific target audience such as elderly people.

Since the 1990s, telephone companies have incorporated the option of text messaging into the devices that previously only had the option to call...

Read more: https://www.dashnation.com/voices-of-dash-nation/dash-text-the-easiest-way-to-send-dash-with-a-message/

Thanks for reading!

TeraBite

legendary

Activity: 1876

Merit: 1003

It is interesting when Dash will knock at $1 Billion market cap as per my point of view it is getting to conquer this level. Dash is very strong coin to make rich the people in long term because it proved this is here to say and keep growing rapidly.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: Midas111 on August 10, 2020, 06:52:23 PM

Creating a masternode locks up supply

This is simply not true.

Masternode collateral is traded just as non-masternode supply is traded. Masternodes networks can maintain the same node-count while having the whole network go to zero in terms of value. You might as well say "all crypto is locked up in wallets".

What would make Dash valuable is:

• have the majority of its primary supply subject to competitive mining
• have a more versatile network than its mined competitors in terms of utility

But if it compromises the former for the latter then all its doing is eating its own tail. The market will trash it relative to our fully-mined competitors. Try asking the market what it wants rather than telling it.

Midas111

full member

Activity: 772

Merit: 105

Close the federal reserve

Quote from: toknormal on August 10, 2020, 06:02:03 PM

Problem is...diverting mining supply to a "gifting" function when the recipients don't add any measurable value to the network results in a massive headwind when it comes to taking advantage of the crypto investment wave.

We may grow in value but plummet in ranking. 5000 masternodes operating at 99% profit margin is a massive expense that is borne by new investors. An expense that competing mined assets don't have to carry. They therefore end up as the net beneficiaries of new capital coming into the sector relative to Dash.

We need to massively ramp up the proportion of the primary supply that's subject to competitive mining in order to arrest Dash's ranking deficit.

The rule for mined crypto is:

• Subjecting your supply to competitive mining = highly valued by the market
• Inflating your supply on a purely numerical basis = trashed by the market (Prefers premined ICOs in this case)

I think what I might do from now on is start posting a version of the CMC chart which will allow me to rejoin the Dash community in its "belief" that the market values numerically inflated primary coin supplies over ones that subjected to competitive mining in our asset sector. That way, as things progress we'll all have something to cheer about as we rise up the rankings Wink

economically securing the network is important. thats a key role that masternodes perform. Creating a masternode locks up supply, creates buyside pressure and helps secure the value. You keep showing a chart comparing pow only coins to dash which is a pow/masternode system. Dash has been a very strong success over the years because it isnt just a miner dump coin.

toknormal

legendary

Activity: 3066

Merit: 1188

Problem is...diverting mining supply to a "gifting" function when the recipients don't add any measurable value to the network results in a massive headwind when it comes to taking advantage of the crypto investment wave.

We may grow in value but plummet in ranking. 5000 masternodes operating at 99% profit margin is a massive expense that is borne by new investors. An expense that competing mined assets don't have to carry. They therefore end up as the net beneficiaries of new capital coming into the sector relative to Dash.

We need to massively ramp up the proportion of the primary supply that's subject to competitive mining in order to arrest Dash's ranking deficit.

The rule for mined crypto is:

• Subjecting your supply to competitive mining = highly valued by the market
• Inflating your supply on a purely numerical basis = trashed by the market (Prefers premined ICOs in this case)

I think what I might do from now on is start posting a version of the CMC chart which will allow me to rejoin the Dash community in its "belief" that the market values numerically inflated coin supplies over ones that subjected to competitive mining in our asset sector. That way, as things progress we'll all have something to cheer about as we rise up the rankings Wink

versprichnix

sr. member

Activity: 876

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In a bull market, wait patiently and try to sell small parts of your wealth at the tops. In a bear market, wait patiently and try to buy small parts of your wealth at the dips.

This way you will become rich, but this is not your proficiency, but the greed of the others. And nobody becomes rich any more, if all are doing it.

JollyGood

legendary

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Top Crypto Casino

I like your straight to the point analysis. No beating around the bush, just getting doing what needs to be done and then pocket the cash Grin

Quote from: arielbit on August 09, 2020, 08:59:13 AM

but you didn't sell your masternode. talking about "opportunities".... my ass LOL

remember there is only 1 rule in peak bull market. sell the fucking top, might not be the exact top but you get the point Wink

and don't get fooled by the HODL you dash shitcoin narrative.

TaoOfSaatoshi

legendary

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Dash Nation Founder | CATV Host

Why is the Price of Dash so High?

For crypto-currency users, Dash is no stranger anymore. But people who are new to the world of digital money may wonder what Dash is. Let’s review a little Dash history. Dash was originally named Xcoin. Xcoin was launched in January 2014. Xcoin was not so popular as Bitcoin. The founder of Xcoin was Evan Duffield. Xcoin was a fork of the Bitcoin protocol. Xcoin changed its name to Darkcoin. Darkcoin was used for the black market. However, in March 2015 Darkcoin changed its name to DASH which is a portmanteau of “Digital Cash”.

In 2017 Evan Duffield and Dash developers started getting support from Arizona State University. It started from this place where Dash got help with scaling, security, and other things. From the coin made only as a means of privacy, it finally become a project that has more value than other Bitcoin forks...

Read more: https://www.dashnation.com/voices-of-dash-nation/why-is-the-price-of-dash-so-high/

Thanks for reading!

tbct_mt2

hero member

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In a bull market, wait patiently and try to buy at the dips. It will enrich your capital. If you fail with your patience, try to expand your patience a little bit more. Don't join the price race. It is for people who have love with tradings.

If not, hold your coins and wait to take profits at the rate at least 30% from your entry price. Your entry price is good if you don't buy at peaks, instead buy at dips.

It is a vital rule for guys who use leverages. Don't naively think that in bull market you can easily get profits by using leverages and can get rich too fast.

arielbit

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Quote from: qwizzie on August 07, 2020, 05:51:28 AM

Quote from: BTC_ERA on August 07, 2020, 03:53:48 AM

DO YOU PLAN AT DASH TO REDUCE THE COLLATERAL TO CREATE A MASTERNODE? 1000 COINS IS VERY EXPENSIVE

Succes is all about regnonicing opportunities in life and acting on them.
Dash was $49,50 on 13th of March 2020. Costs for setting up 1 masternode (excluding server renting costs) : $49,500
Dash is currently $101 today. Costs for setting up 1 masternode (excluding server renting costs) : $101,000

Since Dash has entered into a bullish phase, those costs for setting up 1 masternode will only get higher.
Dash ATH costs for setting up 1 masternode : $1,642,000 from three years ago (2017).

What some see as expensive, others see as cheap (and visa versa).
It is all subjective.

but you didn't sell your masternode. talking about "opportunities".... my ass LOL

remember there is only 1 rule in peak bull market. sell the fucking top, might not be the exact top but you get the point Wink

and don't get fooled by the HODL you dash shitcoin narrative.

TaoOfSaatoshi

legendary

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Dash Nation Founder | CATV Host

Crypto and Dash Economics, Bitcoin Cash drama, A Dash-back debit card... and more! | CATV LIVE

This week there were a few pieces that came out about the economics of crypto, Dash and the people who buy them. A Bitcoin Cash developer meeting ended in tension as several walked out in anger, highlighting the importance of governance. Mexican debit card company Tauros.io is partnering with Dash to offer a Dash-back debit card in their country. All this and much more on this weekend's CATV LIVE!

Thanks for watching, and participating!

JollyGood

legendary

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Top Crypto Casino

Excellent piece of information, thank you. Regardless of the number of the masternodes operating and the power that masternode operators wield Dash is going places Grin

Quote from: qwizzie on August 07, 2020, 07:18:25 AM

Unfortuntely i only know of a three months overview : http://178.254.23.111/~pub/Dash/Dash_Info.html (see Count + Price) showing number of active masternodes against USD over time.

Dash Central, Dashninja and above mentioned site of Crowning all use number of active masternodes.
Moocowmoo masternode.me site (https://stats.masternode.me/network-report/215512 (don't forget to press 'latest') use total masternodes versus enabled masternodes.
(enabled masternodes equals number of active masternodes by the way)

Talking about number of active masternodes, it is currently at 4942
ATH is 4969. We are getting closer and closer to a new ATH.

Total masternodes is currently at 5071.
ATH : Unknown

Difference between total masternodes and active/enabled masternodes has most likely to do with PoSe banned masternodes or with PoSe-scored masternodes.

Quote from: JollyGood on August 07, 2020, 06:38:45 AM

Does anybody have a graph showing statistics about at which point these masternodes were created? I mean in month/year or at which price each Dash was when the 1000 were purchased?

To my knowledge there are also official/registered and not registered masternodes operating so will those statistics be current?

Quote from: qwizzie on August 07, 2020, 06:10:18 AM

Yep. It is indeed.

TaoOfSaatoshi

legendary

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Dash Nation Founder | CATV Host

Dash and Tauros Partner to Offer Mexicans a Dash Back Debit Card

Crypto strives for a full-circle economy. That can be a tall order sometimes due to the ever-present Catch 22: Merchants don't want something no consumers are using, and consumers don't want something no consumers are using. Crypto debit cards have represented a happy medium, bridging the worlds of crypto and fiat. Mexican crypto debit card provider Tauros has partnered with Dash to offer an incentive to use a Dash-powered debit card: Dash back.

Thanks for watching!

qwizzie

legendary

Activity: 2548

Merit: 1245

Unfortuntely i only know of a three months overview : http://178.254.23.111/~pub/Dash/Dash_Info.html (see Count + Price) showing number of active masternodes against USD over time.

Dash Central, Dashninja and above mentioned site of Crowning all use number of active masternodes.
Moocowmoo masternode.me site (https://stats.masternode.me/network-report/215512 (don't forget to press 'latest') use total masternodes versus enabled masternodes.
(enabled masternodes equals number of active masternodes by the way)

Talking about number of active masternodes, it is currently at 4942
ATH is 4969. We are getting closer and closer to a new ATH.

Total masternodes is currently at 5071.
ATH : Unknown

Difference between total masternodes and active/enabled masternodes has most likely to do with PoSe banned masternodes or with PoSe-scored masternodes.

Quote from: JollyGood on August 07, 2020, 06:38:45 AM

Does anybody have a graph showing statistics about at which point these masternodes were created? I mean in month/year or at which price each Dash was when the 1000 were purchased?

To my knowledge there are also official/registered and not registered masternodes operating so will those statistics be current?

Quote from: qwizzie on August 07, 2020, 06:10:18 AM

Yep. It is indeed.

JollyGood

legendary

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Top Crypto Casino

Does anybody have a graph showing statistics about at which point these masternodes were created? I mean in month/year or at which price each Dash was when the 1000 were purchased?

To my knowledge there are also official/registered and not registered masternodes operating so will those statistics be current?

Quote from: qwizzie on August 07, 2020, 06:10:18 AM

Yep. It is indeed.

qwizzie

legendary

Activity: 2548

Merit: 1245

Yep. It is indeed.

Quote from: JollyGood on August 07, 2020, 06:07:29 AM

In March 2016 Dash was trading at under $5 each so it is all about timing and maximising the opportunities at the right time.

Quote from: qwizzie on August 07, 2020, 05:51:28 AM

Quote from: BTC_ERA on August 07, 2020, 03:53:48 AM

DO YOU PLAN AT DASH TO REDUCE THE COLLATERAL TO CREATE A MASTERNODE? 1000 COINS IS VERY EXPENSIVE

Succes is all about regnonicing opportunities in life and acting on them.
Dash was $49,50 on 13th of March 2020. Costs for setting up 1 masternode (excluding server renting costs) : $49,500
Dash is currently $101 today. Costs for setting up 1 masternode (excluding server renting costs) : $101,000

Since Dash has entered into a bullish phase, those costs for setting up 1 masternode will only get higher.
Dash ATH costs for setting up 1 masternode : $1,642,000 from three years ago (2017).

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

In March 2016 Dash was trading at under $5 each so it is all about timing and maximising the opportunities at the right time.

Quote from: qwizzie on August 07, 2020, 05:51:28 AM

Quote from: BTC_ERA on August 07, 2020, 03:53:48 AM

DO YOU PLAN AT DASH TO REDUCE THE COLLATERAL TO CREATE A MASTERNODE? 1000 COINS IS VERY EXPENSIVE

Succes is all about regnonicing opportunities in life and acting on them.
Dash was $49,50 on 13th of March 2020. Costs for setting up 1 masternode (excluding server renting costs) : $49,500
Dash is currently $101 today. Costs for setting up 1 masternode (excluding server renting costs) : $101,000

Since Dash has entered into a bullish phase, those costs for setting up 1 masternode will only get higher.
Dash ATH costs for setting up 1 masternode : $1,642,000 from three years ago (2017).

Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 153. (Read 9723733 times)