Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 80. (Read 9723768 times)

Intention process. It's just a meme. I figured it was kind of funny, but I guess it triggers some people.

I couldn't care less about merit points. That system is completely flawed.
 - Old accounts received merit according to their status, not because of high quality posts they made.
 - People with merit only give merit to posts they like. Quality criticism will receive no merit.
 - It creates an echo chamber where people say what they think people want to hear. Reddit has exactly the same problem.

So after one meme, you decide that I hate Ryan Taylor? I don't.


I don't do Twitter. My other post has nothing to do with Trump. There is a reason why people are shifting capital into the crypto space and it's not because governments and financial institutions are doing such a great job. If they were, Satoshi would never have created Bitcoin. My country now has 120% debt versus GDP and zero interest rates on savings accounts. People's savings are being wrecked and there is no real escape for ordinary people other than considering a risky move into crypto. Most people are completely clueless as to how the world works or what goes on.


If Ryan Taylor's store of value analysis is wrong, he may have made things worse. Any CEO who makes a capital mistake should be fired.

I'm worried that our 'base economics layer' is parameterized in a way that provides continuous down pressure on price. There is no serious influx of money to set up new masternodes, but masternodes continue to have a high return no matter what happens.

We have a design that deviates strongly from Bitcoin. Our design is unique and provides undeniable benefits, but we should not pretend it is perfect.

There are clear indications in my opinion (and others) that the recent change will make things worse. My initial assessment of Ryan's tokenomics in 2019 was that it was flawed.
I was very worried about the intent to move away from the oldskool way of thinking, which is that a (100%) Proof of Work mining model (and the cost involved) pushes price upwards.

I countered toknormal's statements and point of view here on bitcointalk, so he could give a more convincing explanation. With the insight into 'total network cost' which translates into a 'hidden transaction cost' it has become more clear that it's likely true that high masternode revenues actually provide continuous downward pressure on the price.

Masternode revenue can be dumped at any price. Miners need a high price.

There is probably truth in the statement that "price finds an equilibrium around its production cost (with a slight margin)".

I love Dash, but I'm very open to criticism. Blind faith will not get us to where we want to go.


You don't really discuss any of the points that are brought up. You make attempts to counter some elements and ignore everything else.


Ignoring people is a sign of weakness.

The Dash community should welcome diversity of opinion and not always be so defensive when someone deviates from the "consensus".

LOL ... among firefighters, they don't step on the hose!

Centralized currency scammer invites marginalized and stolen holders to hand over their coins to another centralized scammer like Binance. Any shitty exchange or hosting service can build Shared Mnodes ... but for the scammers who financed themselves for six years by tricking microholders into pouring their capital into the project ... "it's a very complicated implementation ...and more blablabla..." .

Of course ... the day they are stolen ... the DASH Holders, GET FUCKED !!! ( They have already collaborated to fatten "their" treasure chest ... The DAO kidnappers ... to keep sucking !!! )


DASH CRYPTO "REVOLUTION" !!!   DECENTRALIZED !!!   FINANCIAL FREEDOM !!!   YEAH !!!YEAH !!!YEAH !!!  

of course he is the one twisted and he lives in an alternate reality, we all know this by now. if 100 people tell you to go to sleep....go to sleep you idiot quizzie! this is not your forum here, we don't care what do you want to read or not. go in your cave if you don't want to read, we don't care!  you think that you and your 3-4 friends can argue with hundreds? you don't mean anything to this public forum and you are just a paid troll here and everyone knows this.

Maybe you're the one that has "everything twisted".

Things are relative. From the perspective of the deluded, rationality always looks f*d up.

Dash back in the $100 price range and 1 billion dollar marketcap today. Dash is also keeping up rather nicely with Bitcoin and other altcoins today.



Source : messari.io

Now it is just waiting on Bitcoin's blow-off-top with its price and the diversification into Altcoins that should follow after that (this is my personal assumption, the market could react in a totally different way as well).

Edit : Wow, we actually have a Trump fan / Ryan Taylor hater in here.. that is unexspected and a bit disappointing. There goes any respect i had for that person. Definitely no more merit points for you mister !
I guess certain people really do live in an alternative reality where everything gets twisted, the truth gets cut into little pieces and lies get spread through twitter on a hourly basis by Trump and people just accept that,
believe it and support it, even on a crypto-focused forum like this one through two separate posts. Please do not promote Dash through Trump, last thing Dash needs is association with Trump and his bad rep.

So Ryan Taylor should be fired huh ? Maybe we should fire the whole Dash Core Group as well ? Maybe we should do this in the coming months ? Just before Dash Platform & DashPay gets released ?
If this is how discussions about the masternodes / miners rewards are done these days (this low level), i don't want any part in it.

Any more of those kind of posts and it will be instant ignore from me. I have no time or intention to read that kind of crap on this forum, Nthelight.

...

Dash has a node network that eats nearly $100,000 per day of blockchain revenue which would otherwise have gone to upwards difficulty adjustments to keep pace with price rises across the chain. To add to the pain, only around $4000 of that is to cover actual operating costs. The rest is just wasted on pure operator profit.

Sweet Dash.

yeah but only bitcoin....not the altcoins and not dash. it's very strange how dash was 117 when btc was 19k and when btc is 20+ dash is 100 lol it's the twilight zone or something

Bitcoin broke $20,000. Lift off.

So far i have not heard anything negative about Binance (the international exchange, not the US exchange).
I staked some Dash there as expirement and the return pretty much matched with what i expected to receive for staking Dash 30 days.

Only disadvantage is that some of these duration periods (90 days for example) get filled up / sold out pretty fast on Binance and your subscription on a certain duration don't get automatically renewed.
Once it expires, you will need to manually enter into a new subscription for a certain duration period (which could be sold out at that point)

With shared masternodes services you will always have a spot and can just set it up and forget about it.

is binance a good excahne that we can trust a bit?

I used cryptsy before and after that I used poloniex and I was the lucky ones that hear problems about cryptsy from this forum and transfered my dash over poloniex in time.
Now I had to spend most of my dash, I have a nice motorbike and a nice laptop and other stuff, now I have only 5 dash left and I hodl them since 2014. I keep them on dash liux desktop wallet but if 5 dash is enogh for staking it's better than sitting on my computer.

Before, I used moocowmoo's shared masternode services with 25 dash and it was good and when I needed tsome money it was just an automatic with only a mail that time.

Or you can check Dash staking on Binance : https://www.binance.com/en/pos (this is the international Binance, not Binance.US !!)
Just remember to divide the percentage for each specific duration, as Binance uses an annual percentage.

30 days : 7.39% / 12 --> 0,61583% per 1 month
60 days : 9.11% / 6   --> 1,51833% per 2 months
90 days : 11.03% / 4 --> 2,7575% per 3 months

Min deposit 1 Dash (?)
Max deposit 500 Dash (?)  

* you need to verify above information yourself, as this could be subject to change at any time or i could simply be wrong about this
* these durations (30 days / 60 days / 90 days) can be filled up / sold out on Binance pretty quickly
* be aware you are taking a risk by leaving your coins for a certain period of time on a centralized exchange (it is not in any way a trustless service)
* i would not recommend using Binance.US for Dash staking at this point, they seem to have a more cumbersome proces in place towards its (US) users

Lets do a comparison between Dash Shared Masternodes services annual revenue percentage (calculated in Dash rewards), versus Binance Dash Staking annual revenue (calculated in Dash rewards) just for fun.
Lets use 250 Dash in our example as Dash collateral and lets use Dash annual revenue of 5.67%, versus Binance annual revenue % as mentioned above (7.39% / 9.11% / 11.03%)

Source of Dash annual revenue % : https://dash-news.de/dashtv/#curr=USD&value=250 (most Dash shared masternode services seem to base their annual revenue on that 5.67%)
Source of Dash shared services annual revenue % : https://www.stakingrewards.com/earn/dash/providers
Source of Binance annual revenue % for Dash staking : https://www.binance.com/en/pos

What this manually created chart of mine is showing (and i hope i am doing this correctly), is the expected Dash shared masternode rewards in Dash versus Binance Dash staking rewards in Dash
on a collateral of 250 Dash.



Data used in chart :

Dash

5.67% annual / 12 = 0,4725% per 30 days x 250 Dash / 100 = 1.18125 Dash per 30 days

Binance

7.39% annual / 12 = 0,6158% per 30 days x 250 Dash / 100 = 1.53958 Dash per 30 days

Dash

5.67% annual / 6 = 0,945% per 60 days x 250 Dash / 100 = 2.3625 Dash per 60 days

Binance

9.11% annual / 6 = 1,5183 per 60 days x 250 Dash / 100 = 3.79583 Dash per 60 days

Dash

5.67% annual / 4 = 1,4175% per 90 days x 250 Dash / 100 = 3.54375 Dash per 90 days

Binance

11.03% annual / 4 = 2.7575 per 90 days x 250 Dash / 100 = 6.89375 Dash per 90 days

https://crowdnode.io/

Dash Electrum 4.0.4.1. released !
This is a major upgrade.  BACKUP YOUR WALLETS before updating.

Release Notes: 
https://github.com/akhavr/electrum-dash/releases or via Ubuntu PPA
Downloads:
https://www.dash.org/downloads/

Pornhub's Premium Services Now Default to Crypto Payments, 13 Digital Assets Supported (incl Dash)

https://news.bitcoin.com/pornhubs-premium-services-crypto-payments-13-digital-assets-supported/

What determines the value of Dash, drives demand and ultimately leads to an appreciating price (or store of value)?

Ah!...I had not read the ridiculous baits that accompanied the graph of the fallacious "decentralization in thousands of points" with which DASH has been fooling the naive since the beginning of the project (and obviously wants to keep doing it).




- Keep its market healthy? its wealth ?  DASH? Burning a cap of almost 13 billion to a ridiculous 300 million? - 500 still today, when many projects have already increased their cap from the ground FOUR, FIVE,SIX TIMES - What is the profile of your potential investor? The severely retarded?

Any long-term investment in DASH is reckless as long as the project does not face the monetary standard of BTC in the sector ... a BTC with an increasingly monstrous capital compared to other projects and therefore, with more capacity for speculative movements about open-traded currencies that BTC wipes its ass with whenever it wants.

You are so idiotic that in almost seven years you don't even have a minimally reasonable approach against such an influential conditioner, which is the day-to-day of crypto volatility. Maybe you are too busy cheating and stealing and your mononeural limitation is not enough for you to do two things at the same time.

Summing up: Only with the three basic cryptocurrency principles

1-Decentralization
2- Financial freedom
3- Resistance to censorship.

... we have in DASH a real sanctuary from manipulation and foul play:

1- A few hundred owners of ALL Mnodes controlling the chain and constantly emptying their wealth, as a few naive ones contribute their capital.
2- a joke value reserve, with 98% roller coasters, a pure investment casino at the height not of cutting-edge projects, but of the worst shitcoins.
3- a corrupt system of information control and intoxication (to scam) and persecution of dissidents ( to marginalize and silence) ...really incredible.






Anyway ... less cheat and more optimize the jewel you received from Duffield.

...