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Topic: The danger I see with Dash (Read 6502 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 30, 2017, 06:53:50 PM
#98

Nah, journalists are too stupid to even understand what that means.  They even sell bitcoin as an anonymous coin.  DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ?  That propaganda works as hell.  People love to fall for this kind of stuff.  What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption.   Only a small and insignificant number of smart people know how fake it is, but they don't matter.

The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.

If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity.
(hence, not use DASH, with its fake anonymity Smiley )

https://www.sec.gov/about/offices/owb/owb-tips.shtml
  


Here's ammo. The form takes about 5 minutes to fill out, but requires a lawyer's contact info (but there is a reward for those that dashtards claim are butthurt). Evan Duffield is located in AZ, but couldn't find a street address. His email is [email protected]

What's bad for dash is they need to make evidence to gain more noobs--this cluster of shillocracy took about 10 minutes to gather. The ROI investment sheets are likely the most damning.

https://dash-news.de/dashtv/

https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=24019061

https://web.archive.org/web/20170312191741/https://www.node40.com/2016/05/19/dash-masternode-financial-reports-preview.html

https://web.archive.org/web/20160520195030/http://dashpaymagazine.com/index.php/2016/05/19/dash-masternodes-study-rising-crypto-bonds-future/

https://imgur.com/kHW81Vc

http://dashdetailed.com/2017/01/25/happy-birthday-mr-juggernaut/

Great work.

This may help as well.

http://web.archive.org/web/20160812163647/http://www.d10e.org/agenda



ITT, Evan The Instaminer indulges in some insider trading by warning against shorts trying to ruin the opening of his Scam Headquarters.

I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.

lol. I feel bad for those short today.
member
Activity: 65
Merit: 10
March 21, 2017, 05:23:36 AM
#97
Dash is artifically high due to the lack of free supply
sr. member
Activity: 336
Merit: 265
March 19, 2017, 10:18:04 AM
#96
Hmmm. Something spectacular may happen to the downside for Dash not too long from now...

Dash is not a technology adoption phenomenon like Amazon:






Rather it is looking like a scam price chart similar to Mt. Gox (Mt. Gox controlled most of the BTC supply and was doing a scam which lead to the price rise, read up on it):




Price rises due to a new technological adoption do have two humps but the second one doesn't go vertical:



FOMO:

For this very reason, Evan Inc. can in theory push the "market" as high as they want.

Except if they grow the pyramid too fast and can't sustain those who want to cash out:

In order for it to dump, someone must own a lot of Dash. Does anyone own a lot except insiders?

it won't be dumped.  BU will soon be created, DASH will be the first choice to put their money into and the more you have right now the more profit you get. thats what you get when you join dash this time and not a year after. because by then, you'd be buying dash 5x more than what is it today.

More likely is PIVX at $2-5. Most everyone can afford a masternode at 10-20 cents a coin and you don't have to reward a few instaminers.

The Dash pyramid scheme will continue to have an advantage in FOMO over any aggregate freer market, until the base of the pyramid can't grow fast enough to allow the earlier buyers to cash out:

Your debunking of DASH didn't stop the market from appreciating it.

Dash doesn't have a market. It is allegedly a couple of guys working for Evan Inc. running accounts at the major exchanges buying and selling from themselves. It is a greater fool pyramid scheme.

You even stated that no one with large size dared tried to enter that market without a deal with Evan Inc.. So that tells you Roger Ver is in bed with the alleged "fraud" (aka dis-aggregate non-market) or he didn't buy much Dash.
sr. member
Activity: 336
Merit: 265
March 19, 2017, 06:06:59 AM
#95
copper member
Activity: 2898
Merit: 1464
Clueless!
March 18, 2017, 03:24:23 AM
#94
The main danger is buying DASH now. Then you can sit for a long time and wait until he again returns to such heights.

especially when you look at history and every BTC pump we have new fresh newcomers to party, next time can be new coin that doesn't exist today.
Last time LTC got 1bilon market cap Dash need +40% to do that i cross finger for them to achieve it but how it end, we all know.
Newbies will see over few years.

Your point isn't that clear. Are you trying to say that newbies pump a coin???

IF possible..most newbies get a miner first to learn about crypto ..then buying and holding and or trading etc

that does usually cause a pump

with dash and masternodes.....not sure..but with the X11 units out there now ..that is a lot of cheerleaders for your X11 protocol

it gets to a point like with BTC it is all about buying and holding gold kind of argument..most newbies listen...but wander off....a 'toy' miner however
that may just get you to the same place as buying btc ..oranges to oranges however..but the CHANCE you can get more BTC per $$$ then you put
in ..well newbie catnip imho

there has been a big loss in cheerleading for BTC and LTC however ..mainly BTC due to the fact imho 'home btc and ltc mining' is pretty much dead
at any elec price above 5c kwh...thus X11 is still home miners..they have a pretty good cheer squad for dash going on now imho

anyway whatever the coin it eventually has to stand on its own merits (I guess/hope)
member
Activity: 65
Merit: 10
March 17, 2017, 12:46:02 AM
#93
The main danger is buying DASH now. Then you can sit for a long time and wait until he again returns to such heights.

especially when you look at history and every BTC pump we have new fresh newcomers to party, next time can be new coin that doesn't exist today.
Last time LTC got 1bilon market cap Dash need +40% to do that i cross finger for them to achieve it but how it end, we all know.
Newbies will see over few years.

Your point isn't that clear. Are you trying to say that newbies pump a coin???
legendary
Activity: 1302
Merit: 1002
March 15, 2017, 11:25:27 AM
#92
The main danger is buying DASH now. Then you can sit for a long time and wait until he again returns to such heights.

especially when you look at history and every BTC pump we have new fresh newcomers to party, next time can be new coin that doesn't exist today.
Last time LTC got 1bilon market cap Dash need +40% to do that i cross finger for them to achieve it but how it end, we all know.
Newbies will see over few years.
sr. member
Activity: 358
Merit: 250
March 15, 2017, 10:49:50 AM
#91
The main danger is buying DASH now. Then you can sit for a long time and wait until he again returns to such heights.
sr. member
Activity: 336
Merit: 265
March 13, 2017, 09:45:49 PM
#90
Put up an escrowed bet of 0.2 BTC and I will produce the link to embarrass you.

Choose an escrow yourself, so you can't whine later about how you not trust escrow choosen by me.

Are you serious? Please don't waste my time.
sr. member
Activity: 1148
Merit: 270
Seabet.io | Crypto-Casino
March 13, 2017, 06:17:05 AM
#89
dash will be the best coin in 2017  ,  the price now rise so high  but i think it is not the final

will still go higher
You are sure to Dash would still be high, I think it unlikely, because the dash just altcoin not for the main, if the Bitcoin price is higher than the moment I am very confident that the price will decline derastis to Dash. and there is nothing better than Bitcoin
sr. member
Activity: 560
Merit: 253
March 13, 2017, 04:52:24 AM
#88
any reason DASH is not currently being pumped? especially after the short squeeze it saw that got it above .04 dash/btc. It seems easy money to short it right now

A lot of people are very focused on a Dash pump, but most cryptos are up right now. Might be trading bots. Could be the ETF publicity. I have no clue. I just wish I could sell my BTC to USDT before it deflates.
legendary
Activity: 861
Merit: 1000
March 13, 2017, 02:38:44 AM
#87
dash will be the best coin in 2017  ,  the price now rise so high  but i think it is not the final

will still go higher
copper member
Activity: 2898
Merit: 1464
Clueless!
March 13, 2017, 02:30:37 AM
#86
The danger I see with DASH is that I'll be moving into a higher tax bracket.

Well good for you! Me I'm late to the party Sad

newbie....just watching the thread

but with all the dash out there how much does the developer of dash actually hold of the total (so far) in the world.

(don't understand why he did not take the instamine stuff and put it in a development foundation for dash ..walk away from the issue
in that manner if it was a mistake)

anyway lurking...none of this is a slam..curious

just have a test wallet with 0.11 dash lol..just a strolling about looking at dash....dodging hugs and rocks...kinda of a busy enterprise....



member
Activity: 65
Merit: 10
March 13, 2017, 01:44:36 AM
#85
any reason DASH is not currently being pumped? especially after the short squeeze it saw that got it above .04 dash/btc. It seems easy money to short it right now
hero member
Activity: 673
Merit: 531
Proud Lifetime DASH Foundation Member
March 13, 2017, 01:00:22 AM
#84
The danger I see with DASH is that I'll be moving into a higher tax bracket.

LOL....what a bunch for idiots those monerons are!!! hahahahaha wow.  The time they waste on stupid shit is beyond belief.   Roll Eyes
sr. member
Activity: 249
Merit: 250
March 13, 2017, 12:54:58 AM
#83
The danger I see with DASH is that I'll be moving into a higher tax bracket.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 12, 2017, 11:32:47 PM
#82

Nah, journalists are too stupid to even understand what that means.  They even sell bitcoin as an anonymous coin.  DASH is a centralized coin with low liquidity in the hands of a single guy, mimicking as a great distributed crypto currency, improved over bitcoin (not difficult), and know what ?  That propaganda works as hell.  People love to fall for this kind of stuff.  What is even greater, is that DASH can pose as a coin that used to be criminal, and now has seen the light and is on the side of the nice guys ; redemption.   Only a small and insignificant number of smart people know how fake it is, but they don't matter.

The BIG problem for DASH is something totally different: it is an illegal security that doesn't pass the Howey test.

If I were Evan, I would cash out before, flee to an exotic place, change name and live a rich-man's life in anonymity.
(hence, not use DASH, with its fake anonymity Smiley )

https://www.sec.gov/about/offices/owb/owb-tips.shtml
  


Here's ammo. The form takes about 5 minutes to fill out, but requires a lawyer's contact info (but there is a reward for those that dashtards claim are butthurt). Evan Duffield is located in AZ, but couldn't find a street address. His email is [email protected]

What's bad for dash is they need to make evidence to gain more noobs--this cluster of shillocracy took about 10 minutes to gather. The ROI investment sheets are likely the most damning.

https://dash-news.de/dashtv/

https://dashpay.atlassian.net/wiki/pages/viewpage.action?pageId=24019061

https://web.archive.org/web/20170312191741/https://www.node40.com/2016/05/19/dash-masternode-financial-reports-preview.html

https://web.archive.org/web/20160520195030/http://dashpaymagazine.com/index.php/2016/05/19/dash-masternodes-study-rising-crypto-bonds-future/

https://imgur.com/kHW81Vc

http://dashdetailed.com/2017/01/25/happy-birthday-mr-juggernaut/

Great work.

This may help as well.

http://web.archive.org/web/20160812163647/http://www.d10e.org/agenda

legendary
Activity: 3066
Merit: 1188
March 12, 2017, 08:40:24 PM
#81

frog-marched into prison

Speaking of which, I discovered a website I thought you might like.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 12, 2017, 07:52:26 PM
#80
If you claim a Dash instamine without evidence, I'm going to dismiss you as a child. Adults should not make assumptions like that. They have a reasonable and probable explanation of what happened and no one can provide concrete evidence to refute. Besides, if he did take a share so freaking what I'm ok with ZEC doing it. They did create it after all. So stop with the BS, getting tired of hearing it. You lost, Dash won just face it.

It's your own responsibility to research after you have been given a warning/tip about something. But since you seem incapable I will assist you.


Let's take a look at the first 5 h of Darkcoin (XCoin at that time)...

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.

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.

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 13M$ now) 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.


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

And yet still, no one cares if a founder disproportionately profited from his own work. I aso think zec is justified to take 10%. It's clearly not holding it back.

Tone Vays cares.  Dash was the *only* altcoin he liked, until he found out about the intentional Instamine.

In fact, Dash is in the general public's opinion defined by and primarily associated with its Instamine.

Another reason the Dash instamine matters: it permanently ruined Dash's reputation and ensured the project is widely perceived to be a scam.



legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 12, 2017, 07:46:25 PM
#79

Imagine if you are a journalist (or even worse a regulator) and you learn that Evan told people he would not start mining and then instamined it. Imagine on top of that if the journalist then also learns that Evan the reduced the number of coins?

I suspect Dash will be attacked far more than we have ever seen.


Evan may be frog-marched into prison for advertising to unsophisticated/unqualified retail/casual investors his Masternode HYIP.  You can't sell people Masternodes with promises of specific ROI percentages and fail to disclose the (overwhelming) risks involved.

Otoh and Rich may be frog-marched into prisoin for operating Masternodes, which basically paint a target on their owner's back for committing offenses related to money laundering (coin mixing) and unlicensed money services (InstantX).

The rest of THE DARKCOIN FOUNDATION may be frog-marched into prison for non-profit fraud (and probably Instamine tax evasion as well).
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