Nothing more disheartening than watching this scamcoin go up up up, while Monero gets punished by the huge supply available for shorting.
Ooooohh. Your heart is broken?
Wait because it's not finish
Topic: [DASH] Dash Price and Trade Discussion Thread [UNMODERATED] - page 5. (Read 9197 times)
Ooooohh. Your heart is broken?
Wait because it's not finish
How to stay anonymous with Dash running a Masternode :
* Buy Dash on an exchange or locally somewehere
* Mix Dash 8 rounds and Privatesend 1000 Dash to a new Masternode wallet address
Lets say after a year you want to use the interest that the masternode accumulated for you in your cold wallet :
* Use coin-control to sent the accumulated Dash to a new Dash address
* Mix that accumulated Dash 8 rounds
* Privatesend it to an exchange for FIAT or Privatesend it somewhere in the cryptoscene
Only the FIAT gateways (going in and out) form a weak link here, possibly requiring registration / know your customer rules / limit transaction amounts.
But thats the case for every cryptocurrency, once inside crypto you can use the mixing option of Dash to achieve above mentioned anonymity.
Will people / companies try to trace masternodes and their incoming and outgoing transactions ? Sure, but with above steps they will not be able to trace
masternodes back to their original owner.
* Buy Dash on an exchange or locally somewehere
* Mix Dash 8 rounds and Privatesend 1000 Dash to a new Masternode wallet address
Lets say after a year you want to use the interest that the masternode accumulated for you in your cold wallet :
* Use coin-control to sent the accumulated Dash to a new Dash address
* Mix that accumulated Dash 8 rounds
* Privatesend it to an exchange for FIAT or Privatesend it somewhere in the cryptoscene
Only the FIAT gateways (going in and out) form a weak link here, possibly requiring registration / know your customer rules / limit transaction amounts.
But thats the case for every cryptocurrency, once inside crypto you can use the mixing option of Dash to achieve above mentioned anonymity.
Will people / companies try to trace masternodes and their incoming and outgoing transactions ? Sure, but with above steps they will not be able to trace
masternodes back to their original owner.
There are currently 5 ASIC Dash miners
Not for long.
Coming Soon to Dash:
COLLATERALIZED MINING
Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network.
What a great way to create a huge disincentive for anyone to contribute their hashpower.
COLLATERALIZED MINING
Now Miners must also help artificially pump demand for Dash, just for the privilege of helping secure the network.
What a great way to create a huge disincentive for anyone to contribute their hashpower.
With regards to security, Dash has a stronger network over Monero and Zcash due to both ASIC mining & much higher number of full active nodes.
Not for long.
@ qwizzie i am not familiar with dash mining,do you think it is profitable to mine at home.Is there a specific ASIC miner for dash mining,if so i would like to know about it.Apart from Zcash Dash has the biggest price tag and i am not sure why that is,is it because of the three tier system you are talking about.Is it more secure than Monero and Zcash.
https://dashpay.atlassian.net/wiki/display/DOC/Mining
https://www.dash.org/forum/topic/hardware-discussions-asic-gpu-cpu.101/
There are currently 5 ASIC Dash miners
With regards to security, Dash has a stronger network over Monero and Zcash due to both ASIC mining & much higher number of full active nodes.
Each full node (masternode) needs to be collateralized with 1000 Dash. We currently have 4411 masternodes running, giving us a combined masternode collateral
of 4,411,000 Dash (that is collateral that is currently not available on the market).
Available supply is then as follows : 7,105,729 DASH (coinmarketcap) - 4,411,000 Dash (combined masternode collateral) = 2,694,729 Dash currently available for trade on markets.
This low availability of Dash on markets (read as scarcity), will have an effect on price.
@ qwizzie i am not familiar with dash mining,do you think it is profitable to mine at home.Is there a specific ASIC miner for dash mining,if so i would like to know about it.Apart from Zcash Dash has the biggest price tag and i am not sure why that is,is it because of the three tier system you are talking about.Is it more secure than Monero and Zcash.
I can't help but feel DASH will just end up like LTC, XMR, & ETH as a somewhat popular altcoin but nothing special.
i think Dash next big update named Dash Evolution will be a gamechanger in a very fundamental way, which can not be as easily copied by other altcoins
due to Dash advantage with its first tier (miner), second tier (masternodes) and third tier (DAPI endusers) network.
This in combination with its decentralized governance and budget system, will allow Dash to grow and cultivate its own ecosystem of services and products
to users, merchants and third party's.
ASIC availability for Dash miners also signals both a strong interest in Dash and a healthy future for Dash, making the network far more secure. Possible future side-effects of ASIC mining
can also be averted by its unique multi-tier setup. Well after Dash Evolution there will be a Proof of Work re-adjustment in the pipeline for Dash, i think they call it POW 2.0
At some point in the future (after Dash Evolution) i suspect there will be an ongoing snowball-effect, which will ultimately effect price, marketcap and name-regnonition.
I can't help but feel DASH will just end up like LTC, XMR, & ETH as a somewhat popular altcoin but nothing special.
I've always liked Dash for some reason, probably its dark-net origins even though I don't partake in products thereof. Unfortunately I sold all the Dash I had, and it's doing pretty damn good as of late. It's at or near its ATH...not bad at all.
yep, i agree. not bad at all.
Nothing more disheartening than watching this scamcoin go up up up, while Monero gets punished by the huge supply available for shorting.
Litecoin and Monero compete now !!
Growing Monero threaten LTC.
But Monero is in a bad temper for following Dash.
Growing Monero threaten LTC.
But Monero is in a bad temper for following Dash.
I've always liked Dash for some reason, probably its dark-net origins even though I don't partake in products thereof. Unfortunately I sold all the Dash I had, and it's doing pretty damn good as of late. It's at or near its ATH...not bad at all.
Since DashHole cultists are deleting posts containing information contrary to their groupthink, here is an unmoderated Dash price thread.
Share & Enjoy!
The Dash Scamassu ATM, Proton Mail, Mycelium, and Coinfirm fiascos aren't helping the price keep up with Bitcoin, much less Monero.
At least one Masternode owner (and Foundation Member) will "start offloading this month" if there is no substantial progress reported, because Dash core team proposals "keep asking for money but have zero responsibility and accountability to provide updates."
Is there enough volume and bid depth to absorb several Masternodes being liquidated?
Share & Enjoy!
------------------------------------------------
The Dash Scamassu ATM, Proton Mail, Mycelium, and Coinfirm fiascos aren't helping the price keep up with Bitcoin, much less Monero.
At least one Masternode owner (and Foundation Member) will "start offloading this month" if there is no substantial progress reported, because Dash core team proposals "keep asking for money but have zero responsibility and accountability to provide updates."
Is there enough volume and bid depth to absorb several Masternodes being liquidated?
I just noticed the DASH/XMR exchange ratio on Polo bottomed out when this thread was created, and has gone steadily up ever since. Thanks Icey!!!
In a way Dash has obtained the ability to bootstrap its own cryptocurrency through this decentralized budget system.
It can speed up acceptance to major exchanges, speed up development by hiring subcontractors to help with the work
and it can speed up the growth of its own ecosystem and community.
Trading will shift from a heavily speculated day-trading market (although already somewhat dempened by the combined masternode network
collateral that is sitting untouched on people's cold wallets), into a more OTC controlled market where actual day to day use will drive the Dash price.
I think this change will take place within 1 or 2 years and it will have an enforced effect on both price and market capitalization, and it will create
an ongoing snowball effect.
Exciting times ahead ...
Yes sir
It can speed up acceptance to major exchanges, speed up development by hiring subcontractors to help with the work
and it can speed up the growth of its own ecosystem and community.
Trading will shift from a heavily speculated day-trading market (although already somewhat dempened by the combined masternode network
collateral that is sitting untouched on people's cold wallets), into a more OTC controlled market where actual day to day use will drive the Dash price.
I think this change will take place within 1 or 2 years and it will have an enforced effect on both price and market capitalization, and it will create
an ongoing snowball effect.
Exciting times ahead ...
Yes sir
^ Having no liquidity is nothing to boast with. It works either direction.
With Dash soon having access to OTC markets through Wall of Coins https://www.dashcentral.org/p/bsdev-wocoins-201611
(this is the second budget proposal of Wall of Coins with reduced price and through the Dash dev team, the budget proposal passed and it received its 3 monthly payments)
Quote
We aim to boost Dash adoption. Today, Dash stands as much less accessible than Bitcoin, and most of the time requiring the end user to jump through the bitcoin hoops to land on Dash.
Genitrust will embed Dash into the entire Wall of Coins' (WOC) Accessibility & Adoption Integrated Platform experience that exists today for Bitcoin.
By embedding Dash into WOC, we will grease the frictional path to enter and exit the Dash ecosystem, greatly reduced the difficulty faced by Dash newcomers, developers, and websites.
Overall as a currency, Dash will have better accessibility and liquidity, better tools for creative Dash app developers, and a huge boost to adoption for the short- and long-term.
This is Dash's opportunity to solidify its independence from Bitcoin."
Link to above quote : https://www.dashcentral.org/p/dash-adoption-tools2 (this was Wall of Coins first budget proposal that got rejected by the masternode network)Genitrust will embed Dash into the entire Wall of Coins' (WOC) Accessibility & Adoption Integrated Platform experience that exists today for Bitcoin.
By embedding Dash into WOC, we will grease the frictional path to enter and exit the Dash ecosystem, greatly reduced the difficulty faced by Dash newcomers, developers, and websites.
Overall as a currency, Dash will have better accessibility and liquidity, better tools for creative Dash app developers, and a huge boost to adoption for the short- and long-term.
This is Dash's opportunity to solidify its independence from Bitcoin."
and with Dash also getting listed on a "major exchange" (https://www.dashcentral.org/p/bsdev-general-201702), i think that liquidity will not form a problem.
You do know that Poloniex has the largest volume most time of the year do you?
^ Having no liquidity is nothing to boast with. It works either direction.
with Dash also getting listed on a "major exchange" (https://www.dashcentral.org/p/bsdev-general-201702), i think that liquidity will not form a problem.
Quote
This proposal seeks funding to cover the costs of integrating Dash into a major cryptocurrency exchange with fiat funding.
Dash’s integration cost contribution is to be $50,000.00 USD payable in Dash.
We cannot reveal the name of the exchange per agreement with them.
Dash’s integration cost contribution is to be $50,000.00 USD payable in Dash.
We cannot reveal the name of the exchange per agreement with them.
^Having to bribe your way onto a "major exchange" is nothing to boast about.
Expecting people to vote for a proposal without knowing the key yet secret details is asinine and smacks of Nancy Pelosi's 'you have to pass Obamacare to find out what's in it' balderdash.
Monero never had to pay Kraken or Bitfinex to be listed because the quality of the technology speaks for itself.
But Dash is all about "marketing over technology" (according to Coinbase's Dir. of Engineering) so of course it has to pay to play.
It's very ironic that Dash is touted as being compatible with existing Bitcoin-based infrastructure, yet has to shell out $50,000 for (LOL) "costs of integration" but Monero, which is completely incompatible with BTC, didn't have to pay a singe tacoshi for its listings at major exchanges.
^ Having no liquidity is nothing to boast with. It works either direction.
With Dash soon having access to OTC markets through Wall of Coins https://www.dashcentral.org/p/bsdev-wocoins-201611
(this is the second budget proposal of Wall of Coins with reduced price and through the Dash dev team, the budget proposal passed and it received its 3 monthly payments)
Quote
We aim to boost Dash adoption. Today, Dash stands as much less accessible than Bitcoin, and most of the time requiring the end user to jump through the bitcoin hoops to land on Dash.
Genitrust will embed Dash into the entire Wall of Coins' (WOC) Accessibility & Adoption Integrated Platform experience that exists today for Bitcoin.
By embedding Dash into WOC, we will grease the frictional path to enter and exit the Dash ecosystem, greatly reduced the difficulty faced by Dash newcomers, developers, and websites.
Overall as a currency, Dash will have better accessibility and liquidity, better tools for creative Dash app developers, and a huge boost to adoption for the short- and long-term.
This is Dash's opportunity to solidify its independence from Bitcoin."
Link to above quote : https://www.dashcentral.org/p/dash-adoption-tools2 (this was Wall of Coins first budget proposal that got rejected by the masternode network)Genitrust will embed Dash into the entire Wall of Coins' (WOC) Accessibility & Adoption Integrated Platform experience that exists today for Bitcoin.
By embedding Dash into WOC, we will grease the frictional path to enter and exit the Dash ecosystem, greatly reduced the difficulty faced by Dash newcomers, developers, and websites.
Overall as a currency, Dash will have better accessibility and liquidity, better tools for creative Dash app developers, and a huge boost to adoption for the short- and long-term.
This is Dash's opportunity to solidify its independence from Bitcoin."
and with Dash also getting listed on a "major exchange" (https://www.dashcentral.org/p/bsdev-general-201702), i think that liquidity will not form a problem.
^ Having no liquidity is nothing to boast with. It works either direction.
Right now dash market is not stable position, many ups and downs. Can we expect any positive movement will happen in 2017, i have seen many people have good hope on this coin because it will give good return in long run.
Dash is a cryptocurrency and just like any other cryptocurrency is subject to volatility, much more then in a normal (not crypto) market.
Having said all that, i do believe with 65% of the available supply currently not directly available on Dash markets due to serving as collateral for the masternode network,
the fluctuations are dempened somewhat already and should be less volatile in the future. Making Dash much more suitable for a role as a fast crypto-payments provider.
Also increased scarcety of a coin due to an increasing masternode network combined with Dash yearly 7% cut in the block rewards (next cut scheduled for Feb 2017), should have an effect
on the price itself too.
Right now dash market is not stable position, many ups and downs. Can we expect any positive movement will happen in 2017, i have seen many people have good hope on this coin because it will give good return in long run.
On Icey's own request : https://bitcointalksearch.org/topic/m.17645848
though I see monero heading for a nice ice bath
This is getting to be a one-way exit .... From Monero straight to Dash.
Unavoidable i guess.
Welcome to Dash, you are all welcome.
Have a free cookie :
though I see monero heading for a nice ice bath
This is getting to be a one-way exit .... From Monero straight to Dash.
Unavoidable i guess.
Welcome to Dash, you are all welcome.
Have a free cookie :
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