Dash versus bitcoin.

chart



Reasons to be optimistic ?

Why would anybody invest in mining DASH when it is unprofitable even with $0.03 price of electricity?  Nobody will waste money just like that. DASH is profitable,but only and only if you posses masternodes in equal or bigger percentage of your part in hashrate. That is a catch. Big holders whose posses a lot of masternodes due to 45-45% sharing mining reward betweeen miners and masternodes operators have a huge leverage to push price way down of pure miners profit zone,removed them for market and completely dominate mining,market supply and price of coin.Such concentracion of power is always very bad for coin.

There is no miner who will put significant money into DASH masternodes in the time of bear market. They cant afford it. But big whales with a lot of money can afford it.Because of such huge mastenodes reward they can push out regular miners and take control of market,masternodes and mining operations - full control of coin which put them in such nice position to accumulate a lot of very cheap coins(which precedes every bull run) and make another  pump/dump in the time they want. Something similar happens with other coins,but because there are no such hefty masternodes reward,whales are much more careful to maintain network running safely with some profit for regular miners.

Old blockreward allocation split  : 45% masternodes 45% miners 10% budget
New blockreward allocation split : 54% masternodes 36% miners 10% budget

Dash Core Group will also introduce a new decision proposal within a month, that contains the following :

Blockreward reallocation split of 48% Masternodes 32% Miners / 20% Budget.

Why did Evan Duffield and his friends orchestrate the instamine?

Why grab many coins? change block reward schedule and reduce the total coin supply from 84 Million to 18 Million?

Masternodes are the best coin generators/miners/earners since it became online and do POS. Having them is like having a huge mining farm with minimal cost of operating.

With reduced coin supply making the instamine loot a bigger percentage of the existing coinage and will generate more coins than miners thru POS.

That was also the reason why Evan Duffield deceptively hides the concept of POS masternodes from the public before launching Xcoin and more than a month after Xcoin was launched...to accumulate coins for himself and his friends

Was the instamine really an accident? Let's take look at Evan and what he has said in the past..check the dates


this was before Xcoin was put in the ANN section in January 18,2014.

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-December/003964.html

merged-mined?.....proof of work (POW) and POS masternodes



January 20, 2014 ..48 hours after the instamine


just to grab an idea on the accumulation phase..




----more than a month after the instamine----

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....


why is it not important to discussion? can't get enough?

Evan has POS masternode plans but he didn't say what it was until he and his friends accumulated enough and POS the coins in Masternodes.

DASH instamine was real, it never was an accident.

NOTE:
If you are looking for numbers, here is the thread for you Why the darkcoin/dash/dashpay instamine matters

P.S. you might want to take a look at the persons who had love at first sight of DASH and why it looks fishy for me.
DASH - Love at first sight user accounts [Looking Beyond the Hype]

man man
u have nothing better to do that dig through old posts
this has been debunked a million times
go get a live

Evan Duffield eduffield82 at gmail.com
Sun Dec 29 18:53:19 UTC 2013
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--snip--
In short the project will be a merge-mined altcoin
--snip--

Is this really all what trolls can come up with, these days ?
Old stuff from 2013 ? Really ? Old stuff that obviously got obsolete when Evan Duffield started this crypto project in 2014.
(after all this crypto project was never merge mined).

Looks like a certain mermaid troll is still butt hurt that Dash took over the Dashcoin (DSH) Github, during our rebranding from Darkcoin to Dash.

We can't help it that your main developer lost interest in his Dashcoin (DSH) project and sold his Github access to us, ariel. Thereby dooming
your little Dashcoin (DSH) community, which you were part of. At one point you will need to get over it and move on.
Trolling our forum won't really help you, it will just encourage people to put the ignore button on you.  

arielbit, a troll trolling Dash since 2015. Trolling is such a waste of time and energy. Keeping the trolling up for 5 years is beyond pathetic though, it is unhealthy.
Maybe you should find some professional help ariel.  

Thank you for confirming to us that you are indeed a troll that views Dash as nothing more then a 'shitcoin' and who now views all altcoins as 'shitcoins' as well.
I hear the ignore button clicking already  

I guess ariel has become a bit of a maximalist these days
Link : https://blog.liquid.com/what-is-bitcoin-maximalism

They sure are a dull bunch, those maximalists.

to CryptoYar : thank you for the warning
to tungfa tungi17 : maybe we can add 'Mydashwallets.com' here --> https://docs.dash.org/en/stable/introduction/safety.html#scams if website is indeed a scam or phishing site ?

Then it will be covered on our first page first post of this ANN thread, which has a referral link towards a list of known scams