Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 159. (Read 9723733 times)

What the market values right now, what it doesn't...and why.

Interestingly, the DCG proposal that's just passed claims to do just that.

You said it...  I wish I could have articulated my point as clearly as you.

You are right, there are too many people in various forums claiming to be experts in their chosen fields and advising people when to take various forms of action (buy, sell, trade, etc) but as you rightly said they would be rich beyond their wildest expectations and would not even bother to post here.

If anybody managed to understand the mysterious ways in which the market moves they would probably make Bill Gates look like a pauper.

Congratulations to those who supported the DCG proposal for block reward re-allocation and to Ryan for getting his policy endorsed with such a wide margin.

I hope it delivers the objectives you anticipate.

Another Successful Dash Budget Cycle passed, 4419.69 Dash will be paid out across all voted in DAO projects in the next 24h
(see u next month)
https://www.dashcentral.org/budget
https://app.dashnexus.org/proposals/active

Guys, BTC just broke $10.5K.... after a double top in Feb and Jun of this year... the macro trend for BTC since its ATH in Dec 2017 has broken to the upside and this means that cryptocurrency as a whole has just turned incredibly bullish. Yes, not just for BTC but for the entire asset class as BTC is just the flagship crypto and safest investment of the group.

Here's some advice, my opinion only, not financial advice...

1) Buying BTC with alts now might be similar to buying alts with BTC in 2018
2) BTC will do well and will likely see $14K soon, but alts will likely have a greater % increase by then or shortly after and when BTC hits 20K again, alts will really shoot up
3) Buy severely depressed alts like DASH... buy low, sell high
4) Buy DASH when the price per coin is less than XMR (like now). It has always turned out very well for the DASH purchaser
5) When DASH breaks above 0.01 BTC it will explode to the upside

Enjoy this time... where it's now time to buy the dips.

I would simplify it even further : The crypto market moves in a mysterious way. Distrust anyone claiming to fully understand the cryptomarket, as that person would already be beyond rich and would have no reason to
hang out on this forum  

Perhaps they just buy the ones that are most valuable and sell the ones that are least valuable.

If, given 2 identical chains:

 • the entire supply of the first is subjected to competitive mining while
 • the supply of the other is inflated arbitrarily on a purely numerical basis

...then the market may favour the first as the more valuable.

No need to look further for philosophical answers.

I would simplify it even further like this: regardless of the technology behind any crypto and regardless of the debates stating one crypto has various benefits over another, I think it is clear that those wanting to trade-for-profit (without looking at so-called moral values behind a crypto) will buy and sell at times that suit them.

The buying and selling should make no difference no matter which market capital various other crypto have.

It is evident that all the technology that is supposed to be behind Dash does not serve to shade dad BTC.

At this point it is not worth looking for culprits, because it is evident that no one has forced us to trust this currency, especially in a wild and manipulated market.

The great economic loss that it has been to abandon BTC to have Dash for an investor I doubt that it will be reversed.

It should also be added that the cursed currency is not Dash, if not the whole general scenario, only it is pitiful to see BTC clones such as BSV BCH Litecoin, with such huge capitalizations compared to Dash.

We can say that the market is irrational, but for so many years irrational?

The holders are missing something, and it's not just the money invested.

a greeting

Dash Core Group to Release Next Update, to Launch Testnet By Yearend
https://cointelegraph.com/news/dash-core-group-to-release-next-update-to-launch-testnet-by-yearend

Without doubt I agree with you and others in principle about the re-allocation of a higher percentage of block rewards away from miners - that would show miners they are not as valued in the whole process. I also think masternode operators do have a consolidation of power which might be way too unhealthy for the project in the long run but for now what is the alternative?

Is there a possibility of masternode operators such as yourself could form a coalition of the willing rather than have a simple vote system? If there are for example a large number of masternode operators all with one agenda working under one banner so to speak, then that in itself would surely be the way forward to change course. Has that been attempted yet?

Of course you are right, you and others have an equal right to voice concerns especially when you see something akin to an existing failure. If you see proposals that will exacerbate the situation then you should be more vocal, all those things I understand but the way forward to be heard is beyond the remit of this forum. You are in a better position than many because you are a masternode operator so what is stopping you approaching other masternode operators to try and form an alternative vision?

Dash is more focused on settling transactions on its network these days and improving its user experience, but Dash from the start does provide optional privacy on its transactions for users.
With Dash it involves a form of CoinJoin mixing, but then highly optimized, decentralized, secure and with more rounds of mixing. It is called PrivateSend.

The more number of rounds you mix with other participants, the higher the privacy on your transactions. Default number of rounds to mix is 4, which you can raise to 16 rounds.
Lowering the number of rounds to mix below 4, will lower your privacy. After having done your mixing, a PrivateSend balance becomes available for you to use.

Advantage for using Dash PrivateSend : Incredibly fast, once you have build up a PrivateSend balance. PrivateSend transaction will be confirmed, locked against doublespending and spendable
by receiver within 5 seconds. It is also secure and it has very low transaction fees (Dash transaction average fees are between $0.002 and $0.003).
Disadvantage for using Dash Privatesend : Mixing to build up your PrivateSend balance can be slow at times, there are some sporadic low mixing fees (0.0001 Dash) to protect the network against spam
and users need to be aware of PrivateSend limitations (which are inherent to its linkage to CoinJoin).  

Those PrivateSend / CoinJoin limitations are :

* Lowering number of rounds of mixing below its default of 4 rounds, will negatively affect your privacy
* Using more then 10 input amounts in a PrivateSend transaction will negatively affect your privacy (a warning is in place inside the wallet)
* Using the exact same amount in a PrivateSend transaction as before the mixing process took place, will negatively affect your privacy
* Using a known / fixed wallet address before and after the mixing, will negatively affect your privacy

Also important to know is that Monero transactions have a default lock time of a certain number of confirmations (10 ?), before getting spendable.
With Dash the PrivateSend transactions are instantly (within 5 seconds) spendable.

With Monero the lock time in their transactions can even be exploited by the sender, by putting a very high number of confirmations on it. This will make it impossible for the receiver to spend it.
It will be the responsibility for Monero users (particularly the receiver) to thoroughly check their transactions to make sure the lock time is not getting exploited by the sender.  

Link : https://github.com/monero-project/monero/blob/master/README.md


Leaving such a vulnerability in their codebase and only addressing it through a readme file somewhere on Github, signals to me that their dev team most likely don't even know how to fix it and therefore just shifts the responsibility to its users.

Tell me if Dash is a full-fledged anonymous coin? Or, nevertheless, if the main criterion for me is anonymity, then I should pay attention to Monero?

Me too man, me too. Can not say it better.

Last few days I tried to trade some Dash ( sell and buy ) but found that if you sell/buy 10 or more, price go way down/up, liquidity is LOW. Is there exchange that I can buy/sell few hundreds without moving the price significantly?  If DASH is aiming to be mean of exchange this is no-no.

Dash Platform v0.14 released on Evonet!
-Document timestamps
-New and improved DAPI client
-Platform test suite
-Improved distribution package

https://blog.dash.org/release-announcement-dash-platform-v0-14-on-evonet-9e02ad97d918

^^^
There you have it in a nutshell.



And here in a nutshell is the totally flawed reasoning behind the problem...
vvv



...promptly demolished by andyfreer2020 in the very next remark.

Projecting a corporate model onto a blockchain in this way using loose metaphorical characterisations of miners as "contractor overhead" that can be beneficially "cost cut" is about as rational as clearing a maternity hospital of pregnant mothers to cut down on staff costs.

Dash people do not pay miners. The market (external to Dash) pays them to mine coin and deliver it to them. They are therefore the market's contractors, not ours and if we mistakenly think that the mined coin should accrue to us instead of to the investors that paid for it, those investors will promptly slope off to other chains where they aren't similarly short-changed, cratering the capital value of our holdings in the process.