Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 745. (Read 9723748 times)

thanks for the link. you're a long way from home lol you came all the way here for these links. monero legendaries gettig their ass in dash thread seem to be common occurence these days.  the success of one anon is the success of all, look where sdc is right now.

https://bitcoinmagazine.com/articles/op-ed-closer-look-dash-part-1/

http://www.nasdaq.com/article/op-ed-a-closer-look-at-the-origins-of-dash-part-2-cm761072

blah blah

https://bitcoinmagazine.com/articles/op-ed-closer-look-dash-part-1/

http://www.nasdaq.com/article/op-ed-a-closer-look-at-the-origins-of-dash-part-2-cm761072

Looks like the mainstream is noticing DASH and is also going to be asking the tough questions of Evan and co.

Which party?

Short-term: No, this rate of increase is not sustainable. When both ETH and XMR hit their big bubbles last year, their price ended up settling at about half the "peak" value (and for ETH, triggered a major bull market, although they've yet to hit their highs again). For DASH, the question of course is "what will this peak value be?" If we stop here and reverse, then we should settle around .033 (just over $40). If we keep going up, then obviously that number would change. On the other hand, when BTC bubbled in late 2013, the bursting triggered a major bear market. So basically, nobody knows. (Wild guess? Between .08 and .1 as the peak, settling back into the .04 - .05 area long-term.)

Long-term: We have a budget system that creates a positive feedback loop. At the current prices, we have $500,000 per month to use to develop Dash, grow the ecosystem, fund integrations, etc. That's $6 million per year! Even if we reversed to .033 and stabilized around there, we still would have a $3 million annual budget. Bitcoin grew very slowly over the years as new companies had to be created to facilitate it (exchanges, merchant services, APIs). Now that all those things already exist for Bitcoin, and since Dash shares Bitcoin's code base, we can pay integration costs to those existing providers and bootstrap our growth. The potential is enormous. (Wild guess? About PayPal's marketcap, $50 billion, or approx. $5,000 per coin...assuming 10 million coins in existence when we hit this level.)

Just to update everyone on my situation with a Poloniex withdrawal being "hijacked:"

Today I learned that BTC-e will reveal private user information to anybody who asks, but will not recover funds.

Let me explain.

The hacker withdrew the stolen funds to XiYy9fpSTwd35jsri6K2UetYtbJdt1APfh (TX ID: 9f70b83243a890daa85c279e409feb36db40238427220551f392e1dcdb4c5712) and from there to XtM1U21eqWu7JPmKscJeHod74EqR4A6bFS (TX ID: e2e2c4b7dd31f4af1280f626468b1878ea12f9e0b5344f5d4296f78ead84ab6d). Poloniex has been very helpful every step of the way, and the informed me that XtM1U21eqWu7JPmKscJeHod74EqR4A6bFS is a BTC-e address and gave me BTC-e's email address.

I contacted BTC-e and explained everything, and asked that they contact Poloniex for verification that what I said was true and that the funds really were stolen. At first BTC-e was very helpful; I asked if they could see which user deposited funds in XtM1U21eqWu7JPmKscJeHod74EqR4A6bFS and they told me (ltcexchange) and even gave me his email address. This was much more than I had hoped for--I assumed they wouldn't release any information about their users. I then asked if he had any funds that they could confiscate and return to me. BTC-e replied that yes, he had funds in his BTC-e account, but that they had to unfreeze the account because he told them that he didn't steal anything. I asked BTC-e to contact Poloniex and gave them my ticket number, but for whatever reason they refuse to do so.

So they don't believe me when I tell them the funds are stolen and they won't even make an attempt to verify with Poloniex. Fine. But they're going to give user information to any random person that asks?

I'm afraid that's the end of the story. I cannot recover my funds, which I accept. However, I did learn that BTC-e will reveal the identity of their user's upon request. If you trade there, beware.

I don't think many people fully understand the complexity of this concept - "overtaking bitcoin". There are so many dimensions to it.

I've always been a "bitcoin maximalist' in the sense that I don't believe it will loose its status as the primary reserve cryptocurrency and ultimate store of value. (The one that grows slow but always grows, never shrinks in the long run).

But at the same time, I've been aware that there's no conflict between that and another crypto exceeding Bitcoin's marketcap. In fact I fully expect that to be the case - probably more than one.

In the fiat world, the credit markets dwarf the base money supply that 'backs them' by about 30:1 in some cases. With Bitcoin, if things go core's way and it consolidates its role as a store of value rather than the "Roger Ver" vision where it's dynamic and liquid in a commercial sense, then it's almost a cert that its cap will be exceeded by a so called "meta-currency" that is more customer facing and adoption friendly.

The other side of that "coin" though, is that the commercial work-horse currencies will potentially come & go. So even though Bitcoin may have its cap exceeded it could still outlast everything else.

Therefore, it isn't just a straight case of "overtaking bitcoin". There are aspects in which it can be overtaken and aspect in which it can't IMO. We should be aware of the complexity of this and the distinct roles that different cryptocurrencies are starting to adopt in the ecosystem. They may be more complimentary and less competitive than we think as the moment.

I missed the 1st $100USD hit :-(
History in the making
That's GU internet for ya - been out ALL DAY - ugh

I'm ready for the next $100USD hit in the next few minutes :-D



CONGRATS ALL!!!!

It will take years...but we are coming...

where is the masternodes count/graph you shills are always posting? at least give the people in cryptosphere a sneak preview of the dump that will come.

nice pump..

how's the numbers of masternodes graph? haven't seen it for a while..

There is still a risk. Overtaking bitcoin looks like a dream.

I've bought and sold Dash at many different price levels, sometimes kick myself remembering back to times when I held more Dash but anyway its been a great ride all the way. 100 bucks is a great milestone. Starting to believe overtaking bitcoin is real possibility at some point.

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lol looks like Dash is going to 200$ now Dash masternode Dashmasterminer.
What a an evil plan that as to simple to buy miner and not give anything back now miners will add value to network for sure ^^
Evan is god of ponzi 200$ is almost here