Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2112. (Read 9723795 times)

Damn... not good for my nerves, feeding them with even more skepticism. Instead of a "big exchange" adopting it, some small one is dumping DASH. Never a good news and, as a result, the only currency (among first 10) on https://coinmarketcap.com/#USD that is losing the value. It sucks.

The ONLY positive metrics out of all I follow is the total MN count, currently at 2663, but this raises another underlying issue I'd like to inquire about. It seems to me MN payments reward system creates even greater inequality in MN space than in the fiat world. Help me understand the math guys please:

If you have a $1,000.000.00 in fiat and I have $1,000.00 and we both invest in CD getting 5% a year you will have, compounded, in 10 years
$1,628,894.62 and I will have $1,628.89. So you still have 1000 times more than I have. Correct?

Now, I have a Masternode and Otoh has 1,000 Masternodes. (these are hypothetical numbers to make the math easier to follow) Also a thousand times more than me. But both my 1K and his 1M yield, say, 5% a year. (again, for easier math)

So now, 1,000 masternodes = 1,000,000 coins = at 5% gives 50,000 coins "interest" or another 50 Masternodes.

So now he has (compounding his profit) 1,050 MN vs. my 1 (plus 50 coins)
 
The 2nd year, his 1,050 MN gets 52500 coins to my 50. so, on the second year he has 1102 (plus 0.5 to invest with splawik) Masternodes and I still have one MN (and 100 coins as interest)

Is he now 1,100 times richer than I am or still "only" 1,000 times?


Math is a tricky thingy and I am not sure I understand it but you guys are smarter than me. What's wrong with my calculations or, if nothing, isn't that MN "compounding" can create a much wider wealth gap than it is the case in fiat? (if so, it also gives enormous voting power to only a few hands, even worse than in the corrupt political system of the fiat world...)

 

Honestly Mangled I've bite my tongue for a long time but smarten the fuck up. You are acting like a 15 year old. Pissing on other peoples threads, jumping on people, I get you are "trying" to help our image but honestly you look like a fucking tool. Smarten up.

Don't hold your breathe
We've seen enough $CAM$ to know better

I'll give $300USD to my local Casino before I drop 1DASH/Crypto into ANY "Crypto-site" like yours
I'm sure you'll get some takers but I'll still hold out - watching......
and then.....
......one day - oh so you do say.....
BUH BYE BITCHES!!!
- when you get to the level of - LMFAO - SEE YA!!!!!


You want some trust -
PROVE who you are too us/the world with verifiable INFO

Then I/we might trust you....................

Prove your not a low-life scammer................can you???

Can.........you?
Will you?
Doubtful.....



Looking at your TRUST
Making a few trades/loans with (2) people over time does nothing for me.


I once "bought" a Cam-corder from a guy on e-bay for $89 - from China = SCAM
S/he sold a LOT of simple and low $$ items for 3 years
Had a 99.9% ranking
His/her BIG take was on the Cam-corders

8000 for $89 near X-mas = FUCKING SCAM
(and it was) = SCAM

Prove your not a low-life scammer................can you???
I'm thinking...... NO!!

#(7p of 20p) completed - updating as I write :-P
#Yeah - it could be that time again :-P
#LMFAO

Keep in mind Lotto boy/girl
Ignoring me does not make me go away - but - you CAN go sell your Lotto snake oil some place else

Even if you make good for 6 months to a year - I still won't trust you

PUT out verifiable info for us to verify.......



I could just be pissed because the, Austin City Limits episode of NINE INCH NAILS completely SUCKED!!!
What a fucking disappointment!!!!! - UGH



Prove your not a low-life scammer................can you???
CAN....................YOU???

http://cqcounter.com/whois/?query=spend-ur-bits.com

you got nothing................

Rotation into LTC due to increasing concern over Bitcoin hard fork to implement blocksize changes.

If we pick one of the recent litecoin pumps for analysis and go down to the 1-minute chart

Tok. What say ye?

P.S.

I come from a generally left wing background in terms of family influences and my own political outlook. At the same time I'm not blind and am an enthusiastic logician.  (   Did I invent a new word there ? )

I always think it's hilarious chatting to family members or friends who rage at the "speculative fraud" of the capitalist system, while creaming off their pensions which are only there because of years of traders sweating and working markets to get them the maximum ROI on their salary investments. ok - the traders are only doing it for the bonuses dangled in front of their noses and there is rife systemic financial fraud, but it doesn't change the fact that people lump everything into the one big pot and call it "bad capitalism" when in fact they're happy to take the gains where it suits them.

we have a new dev? who's adios?

Ah Tok, don't get me started on trying to explain such concepts to "family and friends"! The average "regular" citizen in a westernised nation has ABSOLUTELY NO IDEA how any of it works, what money actually is, how their comfortable life is fundamentally rooted in them being closer to the top of the pyramid than most of humanity and why they should switch off their TVs, go and learn about what this thing called "the economy" actually is that we're all involved in rather than sitting around complaining!

Dash on Tradeview
(in case you guys did not know)
https://www.tradingview.com/chart/?symbol=BITFINEX%3ADRKBTC

At least your F&F have private pension funds. They are clueless, but they don't rely on ponzi schemes branded as public pensions!

I always think it's hilarious chatting to family members or friends who rage at the "speculative fraud" of the capitalist system, while creaming off their pensions which are only there because of years of traders sweating and working markets to get them the maximum ROI on their salary investments.

P.S.

I come from a generally left wing background in terms of family influences and my own outlook. At the same time I'm not blind and am an enthusiastic logician.  (   Did I invent a new word there ? )

I always think it's hilarious chatting to family members or friends who rage at the "speculative fraud" of the capitalist system, while creaming off their pensions which are only there because of years of traders sweating and working markets to get them the maximum ROI on their salary investments. ok - they're only doing it for the bonuses dangled in front of their noses and there is rife systemic financial fraud, but it doesn't change the fact that people lump everything into the one big pot and call it "bad capitalism" when in fact they're happy to take the gains where it suits them.

Thats because in a democracy, you have a personal stake in society simply by existing. You *are* a masternode.

In an monetary or corporate asset, however, you don't have any personal stake in it unless you own it. If I buy 1 share in Apple for $126, 92 cents, I won't have as much voting power as Mr Icahn who bought $3 billion worth of shares.

If I invest 200 hours in building myself a custom guitar, I'll reasonably have more influence its development than you if you invested 5 minutes putting the strings on.

Is anyone seriously arguing that that's a problematic or even unhealthy state of affairs ? In that case I'd be taking decisions with almost nothing to loose ergo = wreckless meanwhile a big investor (by conventional logic) agonizes over every tiny policy but both our votes count the same ?

It isn't capitalism or any other "ism", it's just plain fairness and commercial logic. The project goes in whatever direction those who are most interested (and therefore most invested) want it to.