Topic: Dash — currency of the future? - page 2. (Read 1710 times)
I have just over one DASH AND it is sitting nicely as part of my very long term portfolio. I think DASH is also set to be the cryptocurrency used in the medicinal marijuana trade as well from next year, so this could be very huge for the currency itself and for more people adopting it and using it.
Dash is a good coin, good growth and so on, but there is a ripple, there is a neo, there is a lightcoin. I do not think that the dash is very prominent among them.
Perhaps I'm wrong but I believe that only Bitcoin will be cryptocurrency of the future. Only Bitcoin showed itself like a stable currency which could adapt to market conditions. I don't deny that Dash can also become the currency of the future but now I do not see in it such opportunities.
A currency that has high fees ($6 or higher) and long confirmation times (hour or longer) is not really a functional currency.
It is not a currency you can use to buy a cup of coffee with, the high fees and long confirmation time works against that.
Instead it is a value of store (digital gold).
Maybe the Lightning Network will change that in the future but that is a big maybe, with a lot of centralized aspects to it....
Perhaps I'm wrong but I believe that only Bitcoin will be cryptocurrency of the future. Only Bitcoin showed itself like a stable currency which could adapt to market conditions. I don't deny that Dash can also become the currency of the future but now I do not see in it such opportunities.
I've heard many rumors about dash. I guess it could really become the common cash ver. 2.0. It has all the chances imo.
Hello. I like that Firas Zahabi (tristar Gym and trainer of GSP) wants to use Dash for his BJJ Tournament and other things. They also have giveaways where you can win DASH. Is Dash scalable if alot of people use it?
Cheers
Cheers
Dash is in the middle of a blocksize upgrade (from 1MB to 2MB) and a lowering of the fees (both should be complete after +/- 1100 blocks).
Link : https://www.dash.org/2017/11/09/financialmagnet.html
This means Dash is well set to scale if a lot of people start using it.
Dash also has a detailed roadmap towards further scaling up : https://github.com/dashpay/dash-roadmap
Been honest and open from the beginning with the technology and the maximum amount of token that will be generated. I think it will catch up with ETH
^^^^^^^ just your usual sock puppet dasher^^^^^^^^^^^^^^
found bitcointalk 10 mins ago first post lol
shows how scammy this shit coin is
qwizzie post under your own account
Been honest and open from the beginning with the technology and the maximum amount of token that will be generated. I think it will catch up with ETH
Hello. I like that Firas Zahabi (tristar Gym and trainer of GSP) wants to use Dash for his BJJ Tournament and other things. They also have giveaways where you can win DASH. Is Dash scalable if alot of people use it?
Cheers
Cheers
I always believed that DASH is a great cryptocurrency. And the events of these days have shown I was not mistaken. Now, when this altcoin has shown such an awesome growth, do you believe that it can be a currency of the future?
DASH actually did a lot now to be payment service in the future, I think it has more chance to be well know currency than bitcoin.Yep, Dash took a lot of steps and formed a lot of partnerships to function more and more as currency, for example :
https://www.dashforcenews.com/dash-funds-festy-contactless-payment-wristbands-global-expansion-festivals-pubs/
https://wirexapp.com/dash-wallet-integration/
https://www.dash.org/2017/10/15/alt36.html
Thank you Maren, for providing a lot of fud nicely bundled into one post.
I appreciate it.
I'm sure that Dash bagholders will cry tears pretty soon now, thanks to that post of yours
In my experience those who shout scam the loudest, are often the scammers themself.
I appreciate it.
I'm sure that Dash bagholders will cry tears pretty soon now, thanks to that post of yours
In my experience those who shout scam the loudest, are often the scammers themself.
Ha ha ha
shut up you scamming little div
why are you not making a rebuttal to the post i made which is full of facts demonstrating real observable events.
Ill tell you why you are not making a rebuttal because there is NO rebuttal the scam happened it is there for all to observe if they do some homework
these noobs sock puppet accounts are fooling nobody
qwizzie uses the term fud which means
FACTS UNCOVERING DISHONESTY
I always believed that DASH is a great cryptocurrency. And the events of these days have shown I was not mistaken. Now, when this altcoin has shown such an awesome growth, do you believe that it can be a currency of the future?
DASH actually did a lot now to be payment service in the future, I think it has more chance to be well know currency than bitcoin.sshhh fool all these noobs sock puppets spamming this scammy shit should be banned.
you ass clowns should be in noob jail for the next year doing some fucking homework
I always believed that DASH is a great cryptocurrency. And the events of these days have shown I was not mistaken. Now, when this altcoin has shown such an awesome growth, do you believe that it can be a currency of the future?
DASH actually did a lot now to be payment service in the future, I think it has more chance to be well know currency than bitcoin.
Thank you Maren, for providing a lot of fud nicely bundled into one post.
I appreciate it.
I'm sure that Dash bagholders will cry tears pretty soon now, thanks to that post of yours
In my experience those who shout scam the loudest, are often the scammers themself.
I appreciate it.
I'm sure that Dash bagholders will cry tears pretty soon now, thanks to that post of yours
In my experience those who shout scam the loudest, are often the scammers themself.
Dash is showing good growth compared to many other altcoins that are highly recommended by users and market analysts. What we invest on dash gives promised growth and now lot of users could have been feeling bad of missing the chance of investing into dash at lower price.
Those are most likely users that listened to trolls like cryptohunter, without doing their own homework about Dash.
trolll = people that present the truth
fud = facts uncovering deceit
read this again scammer qwizzie and then present your rebuttal .... not that copy and paste bunch of lies explantion of why all these accidents and mishaps happened lol ...nobody believes that crap
DASH is the most PROVEN scam on this board.
NOOBs here have no clue the kind of scamming shit of a project they are putting their btc into.
Read the FACTS and realise this project needs to be crushed.
Let's take a look at the first 5 h of Darkcoin (XCoin at that time)... THIS IS WHAT DASH WAS CALLED BEFORE IT CHANGED ITS NAME 2X
https://bitcointalksearch.org/topic/m.4589219
Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm.
https://bitcointalksearch.org/topic/m.4591407
Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board.
Imagine other coins launching and deliberately cutting windows miners out. LOL
https://bitcointalksearch.org/topic/m.4592827
Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am.
https://bitcointalksearch.org/topic/m.4593601
Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour. THAT IS NOW WORTH 438,908,800 USD
https://bitcointalksearch.org/topic/m.4593987
No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly.
https://bitcointalksearch.org/topic/m.4594096
Illodin, understand dev has instamined alot of coin.
https://bitcointalksearch.org/topic/m.4595573
From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 966,848,480 usd ) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now.
YOU THINK THAT IS AS BAD AS IT GETS Huh?
NO WAY THESE SCUM BAGS THEN DELETED 75% OF THE OTHER POSSIBLE COINS THAT WERE GOING TO BE MINED. THEY X3 THE POWER OF THEIR CAPTIVE INSTAMINE.
SCAM = unfair and dishonest scheme = dash
This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white.
1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed
2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed.
here are your victims.
3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed.
Every dasher on here trying to scam others into supporting your scam = scammers.
I will be updating my scammers thread to add all of your names to it.
Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer.
Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM
https://bitcointalksearch.org/topic/why-the-darkcoindashdashpay-instamine-matters-999886
https://bitcointalksearch.org/topic/scam-darkcoin-instamine-2-millions-drks-50-of-darkcoin-in-circulation-560138
https://bitcointalksearch.org/topic/darkcoin-now-known-as-dash-big-scam-lets-take-a-closer-look-559028
https://bitcointalksearch.org/topic/darkcoin-aka-dash-the-biggest-ongoing-scam-in-crypto-995710
https://bitcointalksearch.org/topic/dash-aka-darkcoin-victim-resources-999084
https://bitcointalksearch.org/topic/scam-darkcoin-instamine-2-millions-drks-50-of-darkcoin-in-circulation-560138
This coin needs to made a pariah. Too many noobs do zero research and are flocking into this filthy shit of a project.
It's all there. The amount of shady actions involved with DASH is too damn high.
Even without the proven dishonesty, having a currency where you have half of the coins tied up in masternodes that generate profit and claiming it can be used as a medium of exchange lacks logic. Everybody will hoard and invest into node stakes. It's all right now as the cryptos are booming, but once we enter a downturn there will be tears by the bag holders.
it seems like a lot of things that altcoins need to address in order to become the currency of the future because the more days I see more and more altcoins emerge and this will be a gap for the long-established altcoin to become the currency of the future.
Dash is maybe a great currency but it is not suited to say that it is the future of the currency because there is still a lot of coins to choose all over the market because if you are really concern for the currency of the future then you need to consider bitcoin and ethereum because those two are only suited for me to say that one of them is the future of the currency.
The future of currency is directly connected to the amount of fees one has to pay to use it as currency and the speed of its transactions.
With Bitcoin fees are simply too high to use as currency, and transaction confirmations take too long (sometimes a hour), therefore Bitcoin is currently moving towards becoming just a store of value (digital gold)
Ethereum is not intended to be used as currency, it is intended to be used as a platform, where developers can run decentralized apps / smart contracts / ICO's .
Dash is fully focussed on being used primarily as a currency by keeping its fees ultra-low, enabling instant transactions (without double spending risk) and increasement of its blocksize.
I always believed that DASH is a great cryptocurrency. And the events of these days have shown I was not mistaken. Now, when this altcoin has shown such an awesome growth, do you believe that it can be a currency of the future?
Yeah even i have always believed in dash as a growing cryptocurrency and yes it has shown its growth. After bitcoin and ethereum Dash is the one altcoin that is reliable and a great option to invest . With the tremendous growth yeah we can say that it can be the currency of the future.
Dash is maybe a great currency but it is not suited to say that it is the future of the currency because there is still a lot of coins to choose all over the market because if you are really concern for the currency of the future then you need to consider bitcoin and ethereum because those two are only suited for me to say that one of them is the future of the currency.
I don't know much about DASH's history except it was called as darkcoin and that was a Bitcoin fork. I really don't know for it evolved this far. Network is fully controlled by masternode holders now. But the price is keeping on going up maybe because of their marketing ($4 million budget per month) and Palm beach report.
Dash started to evolve when it decided to split their blockrewards, first into a split between just miners and masternodes. This split had a roadmap in place where in the end, the split would be more in favor for masternodes
(miners 40% / masternodes 60%). However it became quickly clear that Dash was facing problems with raising funds for further development of the project. The decision was then made to split the blockreward as follows :
Miners : 45%
Masternodes : 45%
Decentralized Budget : 10%
This means the masternode owners let go of receiving higher blockrewards (60%) in favor of establishing a decentralized budget system. This budget system became highly successfull at expanding the Dash development
and establishing all kind of partnerships. In a way the decentralized budget system boosted Dash development by several factors.
It is true that masternodes play a large role on the network (they validate blocks and determine if mined blocks should be included into the blockchain or not) but miners play an equal large role in the network, its their increased
hash rate through ASIC miners that provide increased security for the network.
I think with the current split Dash has a well-balanced distribution of power between miners, masternodes and available budget.
Jump to: