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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 748. (Read 9723748 times)

hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
DASH=Winning team...enough sad!  Cool
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member

Superior market manipulation. Tie up most of existing coins in masternodes

No coins are tied up in masternodes. This is a much perpetrated myth.

I am a fool!

right....LOL   Roll Eyes
legendary
Activity: 3066
Merit: 1188

LoL ! Chris Burniske. Bless 'im  Grin He's still trying to work out what's going on. He needs to go back to school.

Meanwhile Charlie Shrem's preparing a proposal for a Dash backed debit card.
sr. member
Activity: 700
Merit: 330

They are tied up.

They're "tied up" by their owners, not by the blockchain.

Just like bonds are "tied up" and most other investment assets are "tied up" by their owners. In Dash's case they are doing work by securing the network. The network pays a return for that lending.


I would call this scheme as "Ponzi 2.0". Yes, just like in any bubble it is not the system itself that holds investors' money and prevents withdrawals, it is greedy investors who keep their money in the system until the bubble bursts (I know, Dash community is a big and great community and they would not agree, but this is how I see it).
member
Activity: 82
Merit: 10


I was aiming for teh Moon. It looks like this rocket is destined to travel well beyond that...

Woo hoo! All aboard!!!
legendary
Activity: 3066
Merit: 1188

They are tied up.

They're "tied up" by their owners, not by the blockchain.

Just like bonds are "tied up" and most other investment assets are "tied up" by their owners. In Dash's case they are doing work by securing the network. The network pays a return for that lending.
hero member
Activity: 1162
Merit: 568
  Huh ...FEW VERY IMPORTANT QUESTIONS FOR INVESTORS....  Huh



1 - where can I spent Dash, there is no mercants who accept it, only small hosting and vpn providers, almost nothing...

2 - Maternodes holds almost all coins in system and ownersof them get very big reward. That means money is centralized? 40% reward for nodes?Huh?!?!?!

3 - Almost all coins are centralized in few tousand wallets... (https://bitinfocharts.com/top-100-richest-darkcoin-addresses.html) Bitcoin is mucgh more distributed (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)
DASH: 84% of coins(wealth) is in hands of les than 2,5%  of addresses (maybe 1% of people holds all the DASH coins)

4 - Size of blockchain is small now, but soon it will scale to tens of gigabyts if Dash will go mainstream. How to resolve that issue? Dash block size is limited as Bitcoin.



I don't want to troll Dash, it looks promising, it has instant payment which is great, BTC doesnt have it.  I like masternode, but I'm worried that price is manipulated, because there is almost no market to buy things and services, money is centralized in 4600 nodes. Thats the same shit that happened to Bitcoin few years back when price skyrocket from 100 to 1000+ and then to 150 in a month but there was know economy in bitcoin.

Hold my money. Hestitate Angry
sr. member
Activity: 700
Merit: 330
I don't want to troll Dash, it looks promising, it has instant payment which is great, BTC doesnt have it.  I like masternode, but I'm worried that price is manipulated, because there is almost no market to buy things and services, money is centralized in 4600 nodes. Thats the same shit that happened to Bitcoin few years back when price skyrocket from 100 to 1000+ and then to 150 in a month but there was know economy in bitcoin.

That's true, you are right.
newbie
Activity: 9
Merit: 0
  Huh ...FEW VERY IMPORTANT QUESTIONS FOR INVESTORS....  Huh



1 - where can I spent Dash, there is no mercants who accept it, only small hosting and vpn providers, almost nothing...

2 - Maternodes holds almost all coins in system and ownersof them get very big reward. That means money is centralized? 40% reward for nodes?Huh?!?!?!

3 - Almost all coins are centralized in few tousand wallets... (https://bitinfocharts.com/top-100-richest-darkcoin-addresses.html) Bitcoin is mucgh more distributed (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)
DASH: 84% of coins(wealth) is in hands of les than 2,5%  of addresses (maybe 1% of people holds all the DASH coins)

4 - Size of blockchain is small now, but soon it will scale to tens of gigabyts if Dash will go mainstream. How to resolve that issue? Dash block size is limited as Bitcoin.



I don't want to troll Dash, it looks promising, it has instant payment which is great, BTC doesnt have it.  I like masternode, but I'm worried that price is manipulated, because there is almost no market to buy things and services, money is centralized in 4600 nodes. Thats the same shit that happened to Bitcoin few years back when price skyrocket from 100 to 1000+ and then to 150 in a month but there was no economy in bitcoin.
hero member
Activity: 1162
Merit: 568
The price of DASH is crazy recently. I am away from the crypto world for a long time. Can someone tell me briefly the reason? Huh Huh
legendary
Activity: 1120
Merit: 1000
sr. member
Activity: 700
Merit: 330

Superior market manipulation. Tie up most of existing coins in masternodes

No coins are tied up in masternodes. This is a much perpetrated myth.

They are tied up. Dash pays masternode holders interest of 45% of block reward so master node holders are not really interested in selling their coins (unlike miners who need to sell coins to pay for electricity).

ZCash may be a great project, but miners always sell their coins and ZCash price always drops and will drop even more. If ZCash would have done similar scheme with master nodes, ZCash price would be much-much higher.

Also the same time Monero guys are not pumping their coin. They are just doing their job, and I like it. They also have a great community and a great (truly private) coin and definitely will compete with Dash once they have GUI and mobile wallets. And they don't cry everywhere "Bitcoin is dying, buy Monero quickly!", and don't tie up available Monero coins in a "Ponzi 2.0" scheme (sorry if it is offensive, but this is how I see it).
legendary
Activity: 1302
Merit: 1002

***

A couple of projects spring to mind where the marketing is "aggressive". Dash isn't one of them.

***

Cheesy hahaha are you sure my angel :
check this out ^^
https://www.youtube.com/watch?v=rp6DaMiORBU&t=1s

"Bitcoin has Been Infiltrated" - she will get Oscar price for this actress play she is so scary : )
legendary
Activity: 3066
Merit: 1188

Superior market manipulation. Tie up most of existing coins in masternodes

No coins are tied up in masternodes. This is a much perpetrated myth.

By this aggressive marketing

A couple of projects spring to mind where the marketing is "aggressive". Dash isn't one of them.

What if Bitcoin society agrees on scalability without a hard fork?

It already has agreed. "Bitcoin society" is a company called blockstream, for better of worse. Their strategies for Bitcoin have been published publicly for some time.
 
legendary
Activity: 867
Merit: 1000
The price dash is very..very good
everyday the price is always rise, $96.65/dash
its seems possible to up $100 / dash. Congrats dev you are very rich.
sr. member
Activity: 700
Merit: 330
200168 wallets & 100$ ... remember, is the beginning .

Congratulations

It is 2% of Bitcoin wallets. Are you sure you can kill Bitcoin? What if Bitcoin society agrees on scalability without a hard fork? By this aggressive marketing Dash you definitely push them to agree on this. You should have done the opposite - gain merchants and market share (not market cap) till you can without pump and pump only then. Now if (when) a dump happens, you may lose merchants credibility. 30% swings on Bitcoin may disappoint merchants, but 300% swings would be much-much worse.

And yes, congratulations. Superior market manipulation. Tie up most of existing coins in masternodes and squeeze shorters each time. Wonderful, well done guys! But remember, your coins worth that much while you manipulate the market. If things start cooling down, Dash may fall several times (maybe $35-$40 and third place in market cap is a fair value for Dash).
sr. member
Activity: 489
Merit: 253
Constant disputes on the scalability scale of the network will soon destroy Bitcoin. Against this background, the main competitors have activated and show mad growth.

Bitcoin dominance is now aprox 78.8%.If it goes below 75%, it would mean an ATL (all-time low) and the beginning of a new era.
legendary
Activity: 1834
Merit: 1023
sr. member
Activity: 274
Merit: 251
I was always strong believer in DASH, believed and told everyone that I met that DASH will be for all. Not only for crypto guys.. Cheesy
Traded this rise way to safe.. Angry

All you need to do is expect unexpected.

So now waiting for best entry point again. This time BIG entry.
Think small be small, think big be big..

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