Why the darkcoin/dash/dashpay instamine matters - page 5.

adhitthana

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Quote from: bbc.reporter on August 18, 2016, 01:30:51 AM

Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

Last time I looked there were around 6 million coins and well over 3000 MasterModes. One needs 1000 coins for a MN, so that 3 to 4 million coins tied up in MN's.So a lot of the supply is tied up in MN's and not in the market. With a restricted supply we need relatively less demand to boost the price
Dash appears to be marketed slickly too.
So we have a slick marketing campaign and a small supply. Good ingredients for a rising price. Quite bullish.Though I'm not sure what these things mean in the long run

aleix

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Quote from: arielbit on August 18, 2016, 07:59:07 AM

Quote from: aleix on August 18, 2016, 05:27:33 AM

Quote from: bbc.reporter on August 18, 2016, 01:30:51 AM

Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

You can't believe all you hear in the altcoin section in Bitcointalk. Most of the opinions here are strongly biased.

Greedy and envy are powerful in the Bitcoin and Altcoin world. Sucess is not well accepted, specially when some people here invested life savings in Dash competiton currencies Wink

My advice -> Do your own research.

https://www.dash.org
https://www.dash.org/forum

my advice -> look at both sides of the coin Wink

Sure. I couldn't agree more.

After tons of FUD and lies in this thread I pointed to an alternative source Wink

arielbit

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Activity: 3388

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Quote from: aleix on August 18, 2016, 05:27:33 AM

Quote from: bbc.reporter on August 18, 2016, 01:30:51 AM

Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

You can't believe all you hear in the altcoin section in Bitcointalk. Most of the opinions here are strongly biased.

Greedy and envy are powerful in the Bitcoin and Altcoin world. Sucess is not well accepted, specially when some people here invested life savings in Dash competiton currencies Wink

My advice -> Do your own research.

https://www.dash.org
https://www.dash.org/forum

do your own research?... and then pointing to the "biased dash website" hahaha

my advice -> look at both sides of the coin Wink

farfiman

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Activity: 1449

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Quote from: bbc.reporter on August 18, 2016, 01:30:51 AM

Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

Masternodes.

aleix

legendary

Activity: 1779

Merit: 1100

Quote from: bbc.reporter on August 18, 2016, 01:30:51 AM

Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

You can't believe all you hear in the altcoin section in Bitcointalk. Most of the opinions here are strongly biased.

Greedy and envy are powerful in the Bitcoin and Altcoin world. Sucess is not well accepted, specially when some people here invested life savings in Dash competiton currencies Wink

My advice -> Do your own research.

https://www.dash.org
https://www.dash.org/forum

SchemerDreamer

newbie

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All else aside, i liked the Darkcoin name much better than DASH Undecided

bbc.reporter

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Ok I get it now. So it is no good. But can anyone explain why the price is rising? Manipulation? Adoption? Long term investing from whales?

It seems very illogical for this coin to rise that high if it has no positive attributes.

arielbit

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Activity: 3388

Merit: 1059

Quote from: generalizethis on August 18, 2016, 12:41:03 AM

Quote from: bbc.reporter on August 17, 2016, 10:17:24 PM

I have a question. Let us say that the Evan guy did not instamine Dash. Would it be considered a good coin in general? Is the instamine the only impeding factor that is making it considered a bad coin?

It's built overly complex and purports itself to be a panacea for every cryptofad that comes along: "ETH? We got DAO's too! Fast? We're so fast we turn back time! Anonymity! Pst, we were once called darkcoin--do you think we'd brand ourselves dark if weren't anonymous???"

let me add to this.

darkcoin name was taken from a coin that is announced but not launched

dash was stolen from dashcoin dsh, and yes they tried to kill dashcoin for its name

claiming cutting edge technology and good marketing but cannot think a name for their coin.

snake oil crypto, being sold by snakes.

generalizethis

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Facts are more efficient than fud

Quote from: bbc.reporter on August 17, 2016, 10:17:24 PM

I have a question. Let us say that the Evan guy did not instamine Dash. Would it be considered a good coin in general? Is the instamine the only impeding factor that is making it considered a bad coin?

It's built overly complex and purports itself to be a panacea for every cryptofad that comes along: "ETH? We got DAO's too! Fast? We're so fast we turn back time! Anonymity! Pst, we were once called darkcoin--do you think we'd brand ourselves dark if weren't anonymous???"

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: bbc.reporter on August 17, 2016, 10:17:24 PM

I have a question. Let us say that the Evan guy did not instamine Dash. Would it be considered a good coin in general? Is the instamine the only impeding factor that is making it considered a bad coin?

Not relaunching also went to his character as he went back on his word and cut most of the community out of the initial mine. And the mixing he cobbled together is nothing more than snake oil that is a perpetual income for the initial premine. You have alot of homework on this coin to catch up on.

bbc.reporter

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I have a question. Let us say that the Evan guy did not instamine Dash. Would it be considered a good coin in general? Is the instamine the only impeding factor that is making it considered a bad coin?

BlindMayorBitcorn

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iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: myriadforce on August 17, 2016, 04:36:09 AM

Who says all coins have to be mined?

Either the coin is available or not, and functional in society or not.

Satoshi's whitepaper explains exactly why all coins have to mined, if we are to work around the Byzantine Generals' Problem of decentralized trust.

Make a cup of coffee and and google "reusable proof of work." You've got a lot of homework to do.

Your noob opinions are worthless and wrong. Nobody cares about your unsupported blanket assertions, useless platitudes, and circular logic.

myriadforce

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Who says all coins have to be mined?

Either the coin is available or not, and functional in society or not.

iCEBREAKER

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Crypto is the separation of Power and State.

This thread has been linked by https://news.bitcoin.com/bitcoin-decades-ahead-altcoin/

Quote

in many cases altcoins tarnish the public image of cryptocurrency. You can see this by merely observing the pumpers and shills trying to beat Bitcoin by using any means necessary. This includes attacking Bitcoin core developers, scamming people, instamines, fraudulent claims, and outright shady activity throughout their illusionary communities.

By reinforcing the public's stereotype of Bitcoin=Ponzi, Dash's scammy instamine makes all crypto look bad.

Shame! Angry

natall.com

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net profit: 2700$

Quote from: iCEBREAKER on June 21, 2016, 03:36:38 PM

Quote from: natall.com on June 21, 2016, 09:02:01 AM

I like evan, he has the "might is right" philosophy https://www.youtube.com/watch?v=f6L-aFitDUw i would like to know how much money he made of this shit, it would not surprise me if he ended up owning a very nice house and not having to work for the rest of his life.

I almost fell for the dash scam and i have a iq of 140, they are very skilled at marketing. The instamine is only one of the problems , we also have the issue that most coins will be bined by special hardware(ASIC) which will results in coins in the future also being distributed very uneven.

DASH's snake oil marketing uses your own high iq against you.

All the techobabble about "second tier Masternodes" and "X11" only serve to bamboozle bright-but-naive noobs.

Once a victim of the Evan's Gate cult starts to see visions of their Masternode shitting out money like a golden donkey, the brainwashing has taken effect and it's hard to deprogram.

Many of Dash's cult enforcers where there watching the instamine as it happened, yet have drunk so deeply of the greed-flavored Kool Aid they say (and perhaps believe) ridiculous things like "Evan is greater than Satoshi."

High iq is not enough, you also need to do a lot of research before investing in alternative currencies. Sadly i think many just want quick profits and do not care if it is 100% ponzi scheme as long as they make money. To be honest i would have done the same thing as evan if it had made me into a multi millionare, money/resourses is needed for true freedom. I have listened to Evan Duffield and he appears to be good and honest man, he is very convinsing but you have to use logics and not emotions when investing.

The only real advantage with DASH is fast transaction time, the rest is just pointlesd bells and whistles. Dash is a ugly crypto, not the simplicity and elegance i want to have, i never understood how the block reward is calculated, i only understood that it is a ugly mess.

Whats the point of X11, how does it make the coin any better?

Having a strong and simple social contract is important, you need to find a good and simple formula for how the block reward(emission curve) will be and stick with it. I dislike bitcoin but at least it us simple and clean. In dash how the coins is distributed has been changed more than once.

iCEBREAKER

legendary

Activity: 2156

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Crypto is the separation of Power and State.

Quote from: natall.com on June 21, 2016, 09:02:01 AM

I like evan, he has the "might is right" philosophy https://www.youtube.com/watch?v=f6L-aFitDUw i would like to know how much money he made of this shit, it would not surprise me if he ended up owning a very nice house and not having to work for the rest of his life.

I almost fell for the dash scam and i have a iq of 140, they are very skilled at marketing. The instamine is only one of the problems , we also have the issue that most coins will be bined by special hardware(ASIC) which wikl results in coins in the future also being distributed very uneven.

I also dislike the idea of the network being dependend on transaction fees in the far future, i do not think this will work(has that ever been tested?), monero solves this problem with tail emission, another solution is to have a 1/(1+0.5t)^1.5 block reward. The fast transaction time do make dash interesting and maybe a better version of dash would make sense(unfortinatily dash has a huge first mover advantage).

DASH's snake oil marketing uses your own high iq against you.

All the techobabble about "second tier Masternodes" and "X11" only serve to bamboozle bright-but-naive noobs.

Once a victim of the Evan's Gate cult starts to see visions of their Masternode shitting out money like a golden donkey, the brainwashing has taken effect and it's hard to deprogram.

Many of Dash's cult enforcers where there watching the instamine as it happened, yet have drunk so deeply of the greed-flavored Kool Aid they say (and perhaps believe) ridiculous things like "Evan is greater than Satoshi."

natall.com

member

Activity: 97

Merit: 10

net profit: 2700$

I like evan, he has the "might is right" philosophy https://www.youtube.com/watch?v=f6L-aFitDUw i would like to know how much money he made of this shit, it would not surprise me if he ended up owning a very nice house and not having to work for the rest of his life.

I almost fell for the dash scam and i have a iq of 140, they are very skilled at marketing. The instamine is only one of the problems , we also have the issue that most coins will be bined by special hardware(ASIC) which wikl results in coins in the future also being distributed very uneven.

I also dislike the idea of the network being dependend on transaction fees in the far future, i do not think this will work(has that ever been tested?), monero solves this problem with tail emission, another solution is to have a 1/(1+0.5t)^1.5 block reward. The fast transaction time do make dash interesting and maybe a better version of dash would make sense(unfortinatily dash has a huge first mover advantage).

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: arielbit on April 30, 2016, 08:00:00 PM

Quote from: TPTB_need_war on April 30, 2016, 07:02:01 PM

Quote from: TPTB_need_war on April 30, 2016, 06:33:13 PM

Quote from: generalizethis on April 29, 2016, 10:17:33 AM

No, you have a problem with misreading, what I said was that your accusation is that TPTB_need_war is a sham, but you're incorrectly using the word scam as a stand-in.

Also, as far as breaking anonymity is concerned, this is a fallacy that I somewhat covered in this thread in #2:

https://bitcointalksearch.org/topic/the-shitcoiners-guide-to-shitcoin-logic-1430839

BTW, Shadowcash was brazenly using this "prove it" argument until they weren't Wink

And he can't even call me a sham, until he refutes my technical arguments, which the Dashtards gave up because they realized they couldn't.

And the "prove it" is scam methodology, when the masternodes are ostensibly (and mathematically obviously) monopolized by the instamine insiders who have been receiving up to 50% per annum ROI on staking their instamined coins, and even the argument that they sold into the bubble as refuted by myself with basic market theory that says the majority buy the top and the insiders control the float so they have the information to know when to sell the top and buy the bottom because they control this.

We've refuted everything they say dozens and dozens of times. They just want to waste more of my time so I would be distracted from my coding. I must ignore them now.

you should be ignoring them after proving your point..

this ceti guy even called me Icebreaker lol...they'll just wear you down Wink

Ceti thinks we're all Risto or smooth, and that smooth is a robot built by Risto, so he's technically Risto.

arielbit

legendary

Activity: 3388

Merit: 1059

Quote from: TPTB_need_war on April 30, 2016, 07:02:01 PM

Quote from: TPTB_need_war on April 30, 2016, 06:33:13 PM

Quote from: generalizethis on April 29, 2016, 10:17:33 AM

No, you have a problem with misreading, what I said was that your accusation is that TPTB_need_war is a sham, but you're incorrectly using the word scam as a stand-in.

Also, as far as breaking anonymity is concerned, this is a fallacy that I somewhat covered in this thread in #2:

https://bitcointalksearch.org/topic/the-shitcoiners-guide-to-shitcoin-logic-1430839

BTW, Shadowcash was brazenly using this "prove it" argument until they weren't Wink

And he can't even call me a sham, until he refutes my technical arguments, which the Dashtards gave up because they realized they couldn't.

And the "prove it" is scam methodology, when the masternodes are ostensibly (and mathematically obviously) monopolized by the instamine insiders who have been receiving up to 50% per annum ROI on staking their instamined coins, and even the argument that they sold into the bubble as refuted by myself with basic market theory that says the majority buy the top and the insiders control the float so they have the information to know when to sell the top and buy the bottom because they control this.

We've refuted everything they say dozens and dozens of times. They just want to waste more of my time so I would be distracted from my coding. I must ignore them now.

you should be ignoring them after proving your point..

this ceti guy even called me Icebreaker lol...they'll just wear you down Wink

Topic: Why the darkcoin/dash/dashpay instamine matters - page 5. (Read 47745 times)