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Monero is the ultimate secure storage of value. It cannot be revealed, seized, tampered or dealt with in any way. The network is fully decentralized and cannot be stopped. For everything else, dash/pivx is a good value proposition.

Yes, well my theory about what may really be going on with this epic DashPump (outlined above) comes down to IF they can pull this off and artificially stimulate merchant adoption, giving Dashers new places to actually spend their coins, BEFORE the pumpers run out of fuel...?  They MAY be able to create the illusion of success long enough to transition into actually becoming bitcoin's replacement (assuming BTC continues to bang its head against the wall stagnating on the blocksize issue and BTC transactions keep getting slower and slower and more and more expensive, long enough to let something else take over).

IF this happens (latter part of paragraph above) it may mean that *yes*, Dash is worse technology than superior Monero, but it's still just a little bit better, enough, than Bitcoin... to take over BTC's role for people who don't really care about fungibility (privacy).

It doesn't affect Monero really as XMR being real fungible private anonymous *digital cash* will take it's rightful place in that role whether or not BTC or DASH is the non-fungible open blockchain transparent coin option.  Obviously I'd personally prefer to see XMR take over the role of BOTH things but that will depend on the average man on the street starting to actually care about his privacy, and that seems to be a tall order.

ANYWAY... bottom line, for me?  I want to VERY CAREFULLY WATCH AND TRACK the actual increase (possible?) of real Dash transactions... to detect if they're pulling this off successfully or not *before* the fake PUMP will lose fuel and dump back to where it started.

If their attempt works and actual transactions start happening (I have a small suspicion this ploy may actually succeed, even given low odds) then it will make sense to re-buy back into Dash (ugh!) as my crypto portfolio needs to be properly hedged against BTC's possible failure... even buy-in again at these inflated prices of $50 to $100 per coin -- IF it turns out that the DashMaster's ploy here will be successful.  If that happens, and bitcoin dies, and Dash starts replacing real BTC transactions in actual use by normal people, well... then $500+ per Dash coin isn't out of the question.

OTOH if their ploy fails?  If actual transactions don't start happening?  Well, then this was just a failed Epic Hail Mary Pass play and the fake DashPump bubble will crash down again to ten or twenty bucks a coin and we all will be just happy to have stayed out of the fray at all.

Comments?  Whatta you guys think?

And WHERE is the best place/way to monitor actual increasing Dash real world transactions IF it starts happening...?

P.S. {Edit} As just one recent example I've seen, where I've become concerned that this ploy may actually have a chance to succeed my favorite bitcoin online casino site www.bitcoinvideocasino.com recently unveiled, wait for it, www.dashvideocasino.com    

AND they've said they have plans for several other altcoin specific sites including www.monerovideocasino.com but -- here's the thing -- they've started already with DASH.  

So, this is concerning. They did Dash first, and they did it pretty fast.

IF this kind of thing starts happening much more then, yes, maybe the DashMasters could actually have a shot at this Hail Mary Pass being successful (low odds, but still a shot...)

so bored hearing the same old horseshit coming out your mouth. Seeing as your such a dash fanboy now and believe that dash is replacing xmr as the market leader in anonymous currencies - even though we all know that dash is not anonymous and is flawed on multiple levels, why dont you sell your xmr if you have any and just STFU.

maybe we can have a collection of donations to pay you to never post in this forum again like was done with NrG. 

Coinbase is getting fucked by regulation anyway.

You think coinbase LIKES IT that they have to appease regulators and bureaucrats?  Or they're doing it because they unfortunately HAVE to do it to stay in business?

All that shit they do has a definite COST to them, i.e. it's expensive to gain a new customer: do you think they are happy when they *have to* deliberately throw away a customer's account for no real reason?

IMHO seems to me that coinbase may internally just LOVE Monero now, precisely because it's gonna give them a natural way to be easily able to STOP DOING all that shit (at least for XMR transactions, if not Bitcoin/Ether going forward).

With Monero, they can say, "Oh, yeah sure guys, we would just love to keep tracking all this stuff for y'all but <snap> seems like it just ain't possible with this-here new crypto and its architecture.  Sorry 'bout that.  So, tell ya what: we'll track it as far as we can for ya, just single deposit source and withdraw address, I guess, with the customer viewkey here that we'll require them to give us, but anything after that?  Sorry, you guys gonna be on your own for anything further about any of our customers that you need to investigate.  Guess y'all just gotta go back to old fashioned normal police work again and not make us do all your dirty work for ya any more..."

 

Don't forget that they are fighting in court the blanket request they received for everyone's transaction and personal data. BTW does anyone know how that is going?

I'm sure they were aware, from the beginning, of the difficulties in running a cryptocurrency exchange in the USA.

You're right and they'll still do the same KYC which is already more than most banks do.  And your bank example is correct so all coinbase has to do to be in compliance at the same or greater level of the banks is track ONE HOP of the transactions coming into or going out of their site.

Do banks need to follow dollar bills as they go to the third or fourth person down the line?  Can they do that?  Nope.  And that's what coinbase is doing already with bitcoin transactions (and it's excessive and not reasonable, and they just need a good reason why they need to STOP doing it.  Monero provides that reason).


Coinbase is doing nothing of the sort, it's just how Monero works and they can't help it.  ADDING MONERO to their services is simply keeping up with the competition and being part of the industry.  Their major competitor KRAKEN already supports Monero so Coinbase is just doing it too, to just keep up as every company must.

But, yes, sure you're right and nobody knows what will happen.  We'll see soon enough.

In any case coinbase has said very clearly they're gonna add more currencies and given Charlie's tweets about Dash I think we can pretty safely say it won't be them, LOL 

Maybe coinbase will surprise everyone and add Dogecoin LOL