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Topic: DASH Masternodes - the perfect motive for the instamine (Read 2246 times)

newbie
Activity: 99
Merit: 0
Dash can be costly, particularly as more individuals are getting to be plainly mindful of the potential. For instance, running a DASH hub requires 1000 DASH (at current cost of $.664 per DASH, which is $664,000!) .whereas in Cajutel Passive income plan you can contribute the amount you are comfortable in, the best part is the more you invest and the more profit you can make out of it,
Hazard that the coin you back is a crap coin and it bites the dust. Thinking pessimistically: You contribute a couple of $K and lose the part. You cannot lose more than you put in, however there is the thing that speculators call the ‘open door cost’. For instance: You put your $5,000 in a masternode in a system that kicks the bucket, which implies you could not contribute that $5,000 anywhere else. In Cajutel, someone buying a token in the beginning would earn in 6 years 52$. Depending on in which phase he invests, this can be an increase of value of 1.86x up to 5.31x. The interesting is the following years as you can expect dividends far above the 20$ per share every year.
Masternode is going to pay 2 Dash per week, So yearly Investor will get only 104 Dash, whereas in Cajutel if you have invested in phase 1 per Token cost $15 on which cajutel will give a yearly dividend of $52 after the third year which is more than 3 times, But in Dash Masternode they are only paying 1/10 dividend yearly, and in Cajutel you will yearly get a dividend of more than 30% of your Investment.

These are the advantages give Cajutel a sizeable lead over Dash Masternode which is why I feel Cajutel is the Best Passive Investment Plan and will become most successful crypto coin in the future.
   
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
Ok lets play along.. What about ETH's ICO then day one buy up game ?
How much did the official ETH team members get again ?

How about you all claim "Dev's deserve to be paid" condoning pretty much ANY method to do it.. genius tax anyone ?

Holy hell the instamine is crime against humanity.. but ETHERUEM well, that shit's legit  Cheesy

You're all fucking hypocritical little idiots.

No hypocrisy. ETH is an equally scummy scam. They're both shit coins with extremely bad coding that are being hyped very nicely by snake oil vendors. ETH will probably do the best long term since the people partnering love programming with tonnes of holes in it so they can do what they want when they want without the end-user ever even knowing. Nonetheless, they’re both trash in so far as what a widely distributed decentralized cryptographic digital currency is supposed to be in theory.
hero member
Activity: 770
Merit: 629
That's nice Dino but you failed to see the hypocrisy.

Hypocrisy is one of the ways to do crypto.  Coding is another one.  They are both legit ways of trying to rip off the other one, no ?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
That's nice Dino but you failed to see the hypocrisy.
hero member
Activity: 770
Merit: 629
Holy hell the instamine is crime against humanity.. but ETHERUEM well, that shit's legit  Cheesy

The essence of crypto is "trustelessness", which means that from the moment someone tries to rip off another one, it is legit.  What is not legit in crypto is to collude over what would be a good thing to do for everybody.  When you stop trying to rip off the other one, you do something non-legit in crypto.  It is the only thing that is non-legit.  The whole basis of crypto is that everyone tries to rip off everyone else, with all possible schemes of code, coin emission, coin offerings, and what not.  If you do not try to rip off the other one, you're putting yourself out of the crypto scene, and you do non-legit things.

The art of doing crypto is the other one trying to rip you off, and you not letting him do so.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Ok lets play along.. What about ETH's ICO then day one buy up game ?
How much did the official ETH team members get again ?

How about you all claim "Dev's deserve to be paid" condoning pretty much ANY method to do it.. genius tax anyone ?

Holy hell the instamine is crime against humanity.. but ETHERUEM well, that shit's legit  Cheesy

You're all fucking hypocritical little idiots.
hero member
Activity: 770
Merit: 629
Can you explain again how DASH is a scam when anyone could of bought DASH for pennies?

First of all, I don't think dash is a scam, simply because it is crypto, and in crypto, by definition, there is no scam, as "trying to scam the other one" is the essence of the game (also called "trustlessness").

The "lie" if you want to, about DASH, is that it is a decentralized system, while it is most probably a totally centralized entity, because of the instamine and the masternode scheme.  I'm pretty sure the dev team has near half of the stash.  This implies that they have the full power of voting over the dash code, and hence the protocol.  There's not much "decentralization" in DASH.  That doesn't mean that people cannot obtain it, trade it, and so on.  Fiat is also perfectly centralized, and works: people can obtain it, use it, trade it. 

As such, it doesn't really qualify as a "decentralized crypto".  But, but: this is actually its real value, its real power.  By mimicking as a decentralized crypto currency, but by having, behind the scenes, the full power and flexibility of a centralized system, this makes a hell of a powerful system.  Most all of the hassle, difficulties and so on of crypto come from the axiom of decentralisation.  The need for consensus, and the immutability, which makes unwanted features (like full blocks) also immutable properties.  In a centralized system such as a central bank fiat system, there is no such problem: the board gets together, considers the problem, decides on a solution, and that's imposed upon everyone.  No shit.  Aristocrats inform the king, the king decides, and the people obey.  Simple.  Efficient.  Has been working for millennia.  Sun Tsu.   And the nice thing is that the aristocrats and the king get insanely rich.

THAT is the real power of DASH, and that is why I think it will reach the moon: it is fiat, mimicking as crypto.   Is this a scam ?  No.  Because in crypto, nothing is a scam.  
hero member
Activity: 486
Merit: 500
Can you explain again how DASH is a scam when anyone could of bought DASH for pennies?
sr. member
Activity: 336
Merit: 265
remember before February 21, 2014, Evan already forked DASH from 84 Million supply to 18 Million..

clearly he is still not planning to tell the public about the masternodes in February 21, 2014 but since a guy asked him in reddit he was forced to speak about it....

In reply to: http://www.reddit.com/r/DRKCoin/comments/1yit1a/using_coinjoin_for_anonymity_is_errorprone/
--snip--
Masters

To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think it’s not important to the discussion.

--snip--

So my prompting March 31, 2014, was not the reason he created mastenodes:


I wasn't going to mention this recent speculation of mine, but since you mention that...

I had thought that I had pushed Evan to the masternode concept (our own egos get in the way of our objectivity, but I think I just wasn't that interested to research more and accepted the easiest assumption). Someone dug up my post from back during the beginning of the Darkcoin.

But based on what I read recently about some statements Evan made during the XCoin stage before Darkcoin (c.f. the link @arielbit provided upthread), I am now speculating that Evan knew exactly that CoinJoin would require the scheme Dash became. I am thinking Evan wasn't this bumbling half-smart, amiable programmer I took him to be (i.e. not quite idiot and not quite sophisticated is what I thought), and instead had already devised a masterplan and my post was what he was waiting for, so he immediately after that suddenly had the idea for masternodes to prevent the jamming issue with CoinJoin. I haven't really delved into the forensic evidence to try to build a strong case. I don't have time (nor mental energy) for that diversion.
sr. member
Activity: 431
Merit: 251
If this is true, i still can't believe how DASH is any trustworthy.
hero member
Activity: 770
Merit: 629
So everybody say dash was instamined because of broken code, which was broken because (and everybody also admits that) the devs started the project as a joke.  SO I am asking. Please tell me: IS DASH A JOKE AND A SCAM by chance, or it is BY DESIGN A JOKE AND A SCAM.  I am very curious. Please tell me.

Likely planned as they had the option of relaunching and didn't--and to put this in perspective, they had relaunched less than 24 hours before the infamous instamine, so the precedent was there, but not the will.

If I remember well the code wasn't even open source, no ?
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
So everybody say dash was instamined because of broken code, which was broken because (and everybody also admits that) the devs started the project as a joke.  SO I am asking. Please tell me: IS DASH A JOKE AND A SCAM by chance, or it is BY DESIGN A JOKE AND A SCAM.  I am very curious. Please tell me.

Likely planned as they had the option of relaunching and didn't--and to put this in perspective, they had relaunched less than 24 hours before the infamous instamine, so the precedent was there, but not the will.
full member
Activity: 186
Merit: 100
So everybody say dash was instamined because of broken code, which was broken because (and everybody also admits that) the devs started the project as a joke.  SO I am asking. Please tell me: IS DASH A JOKE AND A SCAM by chance, or it is BY DESIGN A JOKE AND A SCAM.  I am very curious. Please tell me.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
Can some one fill me in on why it's performing so well? It's pretty remarkable that in this BTC tear it paced perfectly in both USD/BTC.

There are around 2k new DASH coins daily.  
45% got miners. So the ones that keep DASH network secure.  PoW
45% get those who instamined first day with their Masternodes. PoS
10% goes for marketing. Different people like Amanda B Jonson put proposals:  OK, I will make 1 video daily and you will pay me xx DASH and then this instamine Masternodes vote on her suggestion and BAM she gets DASH and they get marketing.


Coins are normally open source without any company or any owner or CEO or, ...   So no one promote them. DASH and similar as Onecoin, Gulden, LeoCoin, ...  are such and promotes themselves. Seems DASH is doing best lately. altho you should not forget about the rest.


Marketing works, when there is no competition.  Waste of founds to put anything in development. DASH = smart I mean stupid. Yes stupid sells!

It's also important to note that only around 3-4% of its total "available" supply has traded over the last 20 or so days on the bulk of the run up (i.e. it's easily manipulated).
legendary
Activity: 2548
Merit: 1245
Dash ranking 5 on coinmarketcap !!

https://coinmarketcap.com/#USD




Note : you are all sooo busy with Dash on a daily basis, so i thought you guys would like to be informed about it. A thank you for me posting this is not needed, really.. it is not needed.
Okay, Okay .. maybe a small thank you.  Roll Eyes

Another note : to those wondering which cryptocurrency was on rank 5 before Dash, i have difficulty remembering .. its fading from my mind as we speak.
Oh well, must not be important then.

legendary
Activity: 3444
Merit: 1061
Can some one fill me in on why it's performing so well? It's pretty remarkable that in this BTC tear it paced perfectly in both USD/BTC.

There are around 2k new DASH coins daily.  
45% got miners. So the ones that keep DASH network secure.  PoW
45% get those who instamined first day with their Masternodes. PoS
10% goes for marketing. Different people like Amanda B Jonson put proposals:  OK, I will make 1 video daily and you will pay me xx DASH and then this instamine Masternodes vote on her suggestion and BAM she gets DASH and they get marketing.


Coins are normally open source without any company or any owner or CEO or, ...   So no one promote them. DASH and similar as Onecoin, Gulden, LeoCoin, ...  are such and promotes themselves. Seems DASH is doing best lately. altho you should not forget about the rest.


Marketing works, when there is no competition.  Waste of founds to put anything in development. DASH = smart I mean stupid. Yes stupid sells!

let me add some things here..

notice the buy support on poloniex with ETH, XMR and DASH...why did DASH has fewer buy support even when it pumps and marketcap is as high as XMR right now?

DASH instamine masternodes hates miners since the beginning that's why they change the coins supply from 84M to 18M, they are even planning to collateralize mining (lock a certain amount of coins)to force, reduce, prevent miners from dumping coins.

DASH specializes in locking coins to get interests. it is a HYIP business.

a business like what Amanda BJ says here https://youtu.be/8GwsmnHE3Rk?t=239

as for a currency and the "innovative technologies" DASH claims---->"all marketing" like any businesses would do.


EDIT: notice LEOcoin switched to POS because nobody is mining that shit anymore? LOL
legendary
Activity: 2730
Merit: 1288
Can some one fill me in on why it's performing so well? It's pretty remarkable that in this BTC tear it paced perfectly in both USD/BTC.

There are around 2k new DASH coins daily.  
45% got miners. So the ones that keep DASH network secure.  PoW
45% get those who instamined first day with their Masternodes. PoS
10% goes for marketing. Different people like Amanda B Jonson put proposals:  OK, I will make 1 video daily and you will pay me xx DASH and then this instamine Masternodes vote on her suggestion and BAM she gets DASH and they get marketing.


Coins are normally open source without any company or any owner or CEO or, ...   So no one promote them. DASH and similar as Onecoin, Gulden, LeoCoin, ...  are such and promotes themselves. Seems DASH is doing best lately. altho you should not forget about the rest.


Marketing works, when there is no competition.  Waste of founds to put anything in development. DASH = smart I mean stupid. Yes stupid sells!
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
Can some one fill me in on why it's performing so well? It's pretty remarkable that in this BTC tear it paced perfectly in both USD/BTC.
legendary
Activity: 3444
Merit: 1061
with DASH official story about the "accidental" instamine out there...of course DASH shills and propagandist will not touch this topic even though they get very cocky when DASH is pumping specially when they are about the same marketcap with monero as of today  Cheesy

case closed.

guilty as charged

Cool
legendary
Activity: 3444
Merit: 1061
I do not see major problems with DASH instamine. As I remember it was a community choice to leave everything as it was, though it was offered to start from the start and eliminate the instamine. But community decided to leave it, so now it is too late to complain about this. However, I don't know who runs Dash masternodes and this question is more important than instamine hype. Anyway, Dash looks like a solid market oriented project that has all chances to beat Paypal and even Western Union.

Correct. The Dash community decided long ago to move forward. Dash exists 3 years already and has lived through many periods of re-distribution.
Only people stuck in the past are still using this instamine issue that took place in Dash very early time period, which is fine by me as it indicates
they ran out of arguments against Dash.

Edit : small piece of advice to OP, using a lot of red font tends to distract readers which leads to the message getting .. lost.  
    

You are right, big red text is harder to read, i droped reading as it causes too much damages to my eyes.
I still don't understand why people are talking about Dash as like as it is one of these shitcoins, DASH is a well known, well established altcoin, monero also, but both of you are so much different that i wouldn't call you competitors.
Dash is doing great in term of acceptance and growth, i am personnaly a fan of DASH, and i plan to run a masternode in the next few months. the full node is aleready running.
Monero is doing great also, especially in market cap, the rise was amazing, i think on 1 year it earned around +3500% of price, which a nice achievement, i actually run a monero full node.

Both of these coins are great but i still don't know why you continiue to attack Dash, please, let them do their job, and focus on your job, monero isn't that active regarding community, which is not the case of dash, think about it please.

you both should have your eyes checked if color red is hurting your eyes..OR is it the content that's hurting your eyes? ROFLMAO!

if you notice i try to make my post as short as possible...those reds/highlights focused on specific points where if you don't read the rest it would still make the point.

@qwizzie

yeah your "shady community" decided to move forward...and you have propagandist taoofsatoshi and Amanda Bullshit Juggler erasing the past and feeding lies to the public...this posting strengthens that the instamine was real, it will be real for the rest of your lives *evil laugh* MWAHA-HA-HA ... how does it feel now that you have official DASH story says it was just an accident out there-being debunked, there is a saying "the bigger they are the harder they fall" - you cannot bury the truth.

i also like how you and your shady community are not addressing my points and moving to a totally different topic...it seems you are accepting the facts i posted...very good  Cool


@nemgun

i tend to agree with you because they are different coins now since DASH is moving away from privacy..there are other coins too that are interesting.

i don't have a job on monero..you are easily fed bullshit.

on the other hand i was invited to the party by Macrochip
And speaking of which: Where's your down-syndrome sidekick Arielshit, anyway? I found the perfect avatar for him. It's in the center of this picture:

me and my DASH buddies were friends since 2015..they get cocky with their bullshit/lies,propaganda and i slap some hard reality onto them..it's fun for me..as long as it is fun for me i'll always be with them  Grin

did you see the cool .gif I put up there?...don't tell me it hurt your eyes too, it is nice  Grin
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