Topic: [WARNING] Ex-Dash fan turned realist. Why Dash is a house of cards. (Read 3808 times)

I wonder how long it will take for FINCEN to crack down on Dash? The violations are pretty blatant. It'll be fun to watch the masternode holders' futile attempts to get out. Given that they'll be selling off in multiple chunks of 1000 Dash, I wouldn't be surprised to see a single day plummet of 70-90%. A dump by even two or three of the large masternode owners would reduce the buy support to practically nothing.

I've always stayed away from DASH because of the issues that the OP mentioned.  However, I'm into DeepOnion because I think this coin has a chance to replace DASH by not making the same mistakes.  It is still a new coin so we have to wait and see.  It's also a tiny fraction of the price of DASH.

Bump.  The fraudulent Dash scam is still luring in new victims.

We need to keep shining a bright light on this community of cockroaches until they scatter.

Hopefully the SEC will notice Dash meets the Howey Test requirements for an illegal security and take action before many more people lose their life savings in this HYIP.

Most amateur developers will struggle with Cryptonote implementations cause all they know is the basic BTC RPC interface and crown themselves as "developers" when really they are just pissy they cant just copy pasta like the rest of their development.

You probably shouldn't. It would look strange in a thread about something else entirely and might make you seem unstable.


I hope you take my advice in the spirit it was meant.

I changed my mind from, wait a sec, Minotaur26's mind to Lukas_Jackson's mind? Is this what you mean? 

Should I remind you the Jaxx integration?
monero cultists - "wow, jaxx, awesome. It will be so cool"

Anthony Di Iorio - "It's a crap, monero is a crap. We can't integrate this piece of shit into our jaxx wallet"

monero cultists - "you fucking asshole, Anthony Di Whorio, fuck you!!!111ONE"

The Kool-Aid commentary coming up from the Monero shill's is a rip-off from them being called cult lunatics.. they were called cult wacko's first and liked it so started using it in defense.

Which is par for the course.. you will notice they have a pattern of doing that.

And cryptohunter i was clearly not advocating either coin.
I was simply saying i doubt most people in this grand Dash vs Monero saga care about a coin being scammy.
They care far more about which one will give them profits..

So i was speaking to them saying had they chose the other one they would be sitting on a large profit me thinks

Really i don't see why the Monero guys have to worry so much about Dash if they are superior like they claim.
I guess it's a competition thing going on here for 2 years with a battle of public perception.
For what ?
If the Monero lunatics spent as much time here slinging bullshit on the forum as they did adoption maybe their coin would be successful and they would not be so bitter.
Seems to me they are angry and jealous over Dash and are simply lashing out like children.

It's rather unbecoming and no sir i don't like it ..i don't like it one bit  

Their attitude towards others is based solely upon if you drink the Kool-Aid or not.

A healthy community exists where people can agree to disagree without getting offended and not being butthurt and even maturely respecting the other party for their differing points of view, no matter how ridiculous their views are.

Dash does not appear to have this.

A simple example of this is that myself and iCEBREAKER are not at each other's throats despite the fact that we probably do disagree on a number of things. iCEBREAKER and I in the past had a beef but I think we both grew up and realized that our bickering was childish and didn't really matter.

I have no personal beef with dash supporters. What I do have a beef with is when the DASH supporters attempt to cover up the truth about the notable history of Xcoin/DARKCOIN/DASH and any controversial items and put a spin on all of it saying "it's okay because Evan did it..."...etc .....etc.....etc...

Cult of personality reigns supreme in the Dash community.

Nothing in the Tone/Fluffy podcast was "debunked."  It was a factual discussion of Dash's scamming, not a "hit piece."

Funny how quickly you change your mind about Tone when he stops drinking the Evan's Gate cult Kool-Aid.

'member this?

Not that I care but you seem to like to listen to lies. It was debunked and Tone even admitted that they didn't do their research properly.
It was just a hit piece.
You formed your opinion so I don't want to even try to help you.

So now it is smart to benefit from scams?? You are advocating joining scams with the sole purpose of smiling and making money from them?

I thought that is what you said is the entire problem with the crypto scene?


Are you pro dash now ? or just saying it was smart from a purely financial basis? that kind of flys in the face of you constant message that being a Roi investard and being greedy is a bad thing and should be stopped?

Let me hear you say for certain you are as sure now as you were back in 2014 after witnessing the scam that it is still now a scam in your mind.
Yes or no will do?

All i want to know is are you sure dash is a scam or not?

If you answer it is not a scam. When did you change your mind and why?

If you just hate xmr more than dash that is fine but to start sticking up for dash in any shape or form is totally out of sync with what you said in 2014 over and over. When people become inconsistent then I need to find out what the reason is if they are to remain credible at all.

Is dash a scam coin - yes or no?

I asked you this on the amanda johson thread and you seemed to remember it was a scam. You still remember this right?

You seem far too pro dash to me.  This is a proven scam coin over and over. There is no way around it or putting it in context. Back then it was released during a phase where there was a fair release protocol being followed by most pow coin releases ...this was probably the fairest entry point for a miner into crypto. Dash or xcoin was the worst and most deliberate pretend to be fair release whilst captive instamining HUGE amounts of the minting themselves. To follow that with a slashing of the minting is mind blowing. The masternodes are the icing on the cake.

If you are not clear on dash being a scam it is impossible to be clear on any other coin on here being a scam at all.

I am a fan of most of your posting but being pro dash now is not at all inline with your other posts. I must hear you confirm dash is a scam coin now.

Dash should be one of the most perfected scam in the space, I have looked into the project several time but I can't see any sound technology behind it to make the project stand out but one thing I will give the team branding and marketing.
Everything about the perfected scam was revealed to me on this Tony vays show Cryto scam. The Monero guy did justice to the project

Ya sure, keep pretending like you guys give a shit which coin is a scam  
Your posturing and little attacks on one or the other is simply because you're the dumb fuck bag holder on the wrong side LOL

Cry into your little meme jpeg's ohh booo hooo i am's Monero'Tard waaaah  

If you were smart you would be smiling with the current Dash price now at $22.30  

PS:
Monero ? $12.50 ahhahahhahahah loooooooosers      

PPS:
I have never owned either coin and i don't plan to either.

ssshh instamined710

nobody with integrity is interested in these details after the fact dash is based upon a scam. That's the problem with dash. It started and is based upon  a scam. End of story.

It does not matter after that what has happened. It was funded by the scam, the scammers hold 100's of masternodes worth millions of dollars. They engineered the scam so that this was the outcome. How they got there is only important as a record of bringing them to justice.

I don't say evans is the worst of them. But a good 6 months in jail and his masternodes taken away and airdropped to the board as he promised before will suffice. Along with all those that got their noses in the captive instamine trough.

The rest of the community that didn't captive instamine can be allowed to continue along as normal for now whilst other non scam projects clone dash for next to nothing and improve upon their scam funded code.
.
Known protectors and facilitators of this scam should get 3 months in jail too and a few lashes to wake them up. Amanda b johnson can join them.

Dash isn't under the spotlight for having poor tech it is under the spotlight for being a captive instamined scam. Any other discussion is distraction.

If you have any sense leave this project and join a dash clone - it's simple you get dash with a fresh start and no scam tag slapped on your back for eternity.

All the dreams of dash partnering with anyone big are dreams.... one second on google and you are faced with overwhelming evidence of scamming.

You can be sued for slandering a known scam? wow they can lawyer up all they want. I hope they can explain the difference between a premine and a captive instamine because one is just a sneaky version of the other.

https://www.reddit.com/r/Monero/comments/4rhyxm/psa_the_dash_community_have_refunded_the/

So thedashguy scammed xmr community, then the dash community members reimbursed them for his nasty action.
He acted like a scammer (similar to what aSSiCEBREAKER is doing here) at dashtalk for the whole year.

It feels good when dash community get rid of those scammers. First vertoe - cachecoin scammer, thedashguy (feelthebern) - lier and fraudster, there are few others I don't remember.
Puryfication at its finest  

And after that iCEBREAKER want this guy in their rank to fight their "battle" . It's been obvious that your arrogant, obnoxious, aggressive, self righteous community of trolls trashing other coins and other posters, are actively looking for more psychopaths to do this work for xmr. How bad that reflect on you all xmr-guys  
That's quite a marketing  . Attacking with lies and accusassion of what actually you are doing.


We have many people at dash slack who feel like they were scammed by you trolls, because you deceitfully persuaded them.
Yeah. People are starting to see who the real scammers, pumpers, liers and fraudsters are.

1. Dash is centrally controlled.


“Dash used to be one of my favorite parts of the internet”
This may have been true for a month or so. After that you started trolling Dash.

“They are making loads of cash while controlling the "governance system" with large amounts of Masternodes and upvoting their own backdoor deals with companies that are friends of friends and so on”
This is not true and the terpin PR vote proves as much.

“Any sort of critical thinking is not welcome in the Dash ecosystem and you will be sidelined due to it.”
Also not true, myself and others were very vocal against the ATM proposal and website issues. The website issues was resolved and the ATM issue is done with funding but underdeveloped and the network overpaid. Time will tell how it works out in the end but it has been a disappointment thus far.


2. Dash is under researched

Dash's governance system was thoroughly reviewed by  IOHK as charles hoskinson  was researching the best governance model for ETC. PrivateSend/Darksend then was reviewed by Kristov atlas a long time ago.
Dash Governance System - Dash Core Team Response
https://dashpay.atlassian.net/wiki/display/OC/Dash+Governance+System+-+Dash+Core+Team+Response


“governance is completely and purposely flawed as to enable control for the core team”
Not true as pointed out before. Most of the whales don't even vote anymore. When they do vote it is usually against something they think is harmful to the project.

“Dash recently teamed up with Coinfirm to track all Dash purchases in the network”
Not true, coinfirm can try and track coins on any network/BC. Dash partnered with them to help with KYC regulatory issues for some businesses that require it. This changes nothing with Dash's privacy feature. The Coinfirm partnership is a good thing for mass adoption.



3. The Dash community is disingenuous. The "governance system' is flawed. The Core team controls majority of Masternodes.

“Evan owns 400+ Masternodes, Daniel easily owns 200+, Otoh owns 400+, and so on...”
You have zero proof. Core supposedly has 10% of the masternodes and core proposals have been voted out. OTOH now has around 80 mn's. He has been fully transparent and open about his holdings for years and gained the trust of the community for doing so. Last I saw evan had around 250 mn's and Daniel around 100 but I really have no idea and neither do you.

4. Darkcoin was a far superior coin to Dash

“Within a year or 2 his vision slowly changed into creating "Paypal 2.0" (and yes thats a quote rom him and multiple core team members, not my words). And that is where I call BS”
Dash is far superior to Darkcoin, if you like Darkcoin fork it. If Dash changed so much why did you join after the change you did not like. You make no sense.


5. Complete slander


6. It's either 1 huge scheme or they really lack a higher purpose.

“Hopefully someone clones the entire damn project and does it the right way, that'd be the best altcoin IMO.”
Have at it Jake.

7. The Dash core team is power hungry. The Dash community is blind.

“As has been touched on earlier in this post, the Dash team has lost it's way.”
Then once again why did you try and join a team that lost it's way and cheerlead for said team for months or a year as you wrongfully claim?


“What the hell are they doing dropping $100,000+ dollars on ATM's you ask? Kickbacks I say, kickbacks.”
The ATM prop was one of the first proposals and was a bit of a mess. As far as kickbacks I have seen no evidence of this and you have never presented any. They should sue you for slander.


8. Dash COULD have been so much better

“People in charge of Dash think libertarians are stupid and childish (another quote)”
Where is the quote? Most people who work for Dash are libertarians so this does not make sense. You are a socialist Bernie guy so coming from you it makes even less sense, as does all your talk about decentralization while support a centralized form of big government.

“I'm still here waiting for the world to change, but in order to get there we'd have to have a fully decentralized or atleast distributed system that is fair for everyone, and provides everyone the same access to community funds in order to start creating a more economic model”
More convoluted socialist nonsense masquerading as libertarian philosophy. Bernie is not a libertarian, quite the opposite in fact, yet he does share some of the libertarian freedom philosophy.


9. Dash is basically a huge echo chamber supporting its own weight due to the Masternode system

“but the second you start questioning things and making people feel as if they are being held to a standard, people will quickly turn around and happily tell you to leave”
Not true, as pointed out before several prominent member questioned the ATM proposal for costing too much and taking to long, the website too. We were not told to leave or called trolls etc. We just did not troll the core team everyday all day and call them names like you and a few others did.


10. Dash is NOT Digital Cash, Dash is wanna be PayPal 2020

Dash is digital cash and a decentralized PayPal 2.0, Amazon, Bitpay and much more.
If you don't like Dash then go away and find another coin or design one yourself. Stop obsessing about Dash and trolling the community that refused to pay you two thousand dollars a month for marketing.

So I own Dash, and I have always like Dash, and I have made money on Dash.

I still think there are a number of big unanswered questions about Dash and the fairness of the initial distribution. I tried and failed to start mining Darkcoin on day one. By the time the Windows wallet and functional miner was released, rewards had crashed. I still think there is innovation, but there is always going to be controversy about the launch and wealth distribution and that is going to cloud the future. I don't think the Dash community can claim that every legit criticism on the crypto is just spreading FUD.

I recently got involved in PIVX (formerly DarkNet). Started as Dash clone, but refocus towards privacy and implementation of Zerocoin protocol. I recently sold some Dash to buy more of this. I think with the 'fair' launch, there is more future potential here (especially considering market cap is 1/150 Dash). Masternodes are 10k instead of 1k, and voting/budget system is being worked on. Anyway, we will see where that goes ..

I like Monero too, but not to heavily loaded up there, but thinking about selling some Dash (considering high price), and buying more Monero.

Dash is 100% a scam and has potential to ensnare more people than any other scam in history if the market cap keeps being manipulated by the dash team wash traders.

When i started researching crypto a twitter post by cryptographer/blockchain expert Peter Todd about dash being snake oil immediately made me weary.

One of the Dash cult enforcers' big 'it's really not a scam you just gotta believe me!!1!' talking points is the claim that 'Nobody has been scammed by Dash.'

It would be helpful for those of us pushing back against such Evan's Gate propaganda if those of you who have been scammed by Dash could create some kind of formal support group or network.  Even a Dash Victim thread here would be helpful as a repository to collect individual testimony.

Recovering victims of cults like Scientology band together not only for mutual support but also to demonstrate to those still trapped inside that it is possible to leave.

Vertoe claims all Darkcoin's volunteers were "used for the big thing" so not only HYIP bagholders qualify for inclusion.