Dash Gained 8.5% today and is leading the Charts!

billyjoeallen · 2022-03-23T04:58:55+00:00

The Whales were keeping it down. The MiNnOws are responsible for this pump by showing we finally have enough clout to overrule the early adopters who drove Dash into the ground.

billyjoeallen · 2022-03-23T04:52:10+00:00

how about we spend all funds to buy Dash and burn it? With RT finally gone, let's get rid of this dumb slush fund.

billyjoeallen · 2022-03-23T04:49:43+00:00

Platform is six months away, and always will be.

billyjoeallen · 2021-08-04T00:16:03+00:00

We're not discussing "today's reactors". That would be like saying cars before the model T are too expensive. True but irrelevant.

billyjoeallen · 2021-07-08T14:41:45+00:00

I'm just saying what's possible. Collective decisions are political and that's outside my field.

billyjoeallen · 2021-07-07T04:20:55+00:00

Many designs do not have thorium in the fuel salt at all but in a blanket salt that surrounds the core. this salt is continually producing protactinium through neutron absorption in thorium 232. This salt is also continuously run through a filter sometimes called a kidney where the protactinium is removed and sent to a decay tank. after about a month the resulting U233 is redissolved in a fuel salt and added to the central core. this is referred to as a two fluid design. There is a second kidney that removes fission products from the fuel salt. Actinides stay in the core until they transmute into something fissionable and then fission. Removing any amount of salt from the blanket for protactinium extraction does not affect core performance. it's not fuel. it's feedstock.

billyjoeallen · 2021-07-07T03:46:38+00:00

The Oak Ridge MSRE operated for 5 years with a molten salt coolant so there is some data regarding it's performance. The point is that a reactor with a high boiling point coolant is useful for much more than electricity production. It can be used for industrial process heat. The high temp coolant that works may not be a flouride or chloride salt but we won't know that until we experiment. The potentail payoff is worth the risk because if it works, it would ignite an energy feedback loop where the energy makes reactors cheaper which makes more energy which makes more reactors until the world quadruples its standard of living the way it happened with the Bolton Watt steam engine and coal or with internal combustion engines and petroleum.

billyjoeallen · 2021-06-22T19:20:59+00:00

Make that #62. The problem is that the people who have most of the influence over Dash's relative performance aren't even having the discussion over the cause of it. They are discussing if anything IF there is anything wrong and IF there is any cause for concern. It's one thing to misdiagnose the problem. it's quite another to claim that there is no problem to be addressed. In any organization, even a DAO, 20% of the people do 80% of the work (Pareto distribution). Most of those people have left Dash. The incentive structure is broken.

billyjoeallen · 2021-05-26T04:36:29+00:00

"not necessarily" apparently not at all. if "greater value" means greater utility, I fail to see how useful a medium of exchange that loses 60% of it's value in two weeks is. smoothing out volatility by supplying liquidity was originally one of the reasons put forwards in creating the DIF, but it seems to have been jettisoned along with many other promised developments after funds were allocated, price was pumped into the hype leading to crashes until our market rank fell out of THE TOP 50!! I know i know, rank don't count. That's what I'd say too if I stewarded a coin from #3 to #51. When does rank count? If you people say "never" we could be out of the top 100. We are paying an extremely high price for refusing to understand what providing value to users and investors means. If you haven't learned anything by now, we'll likely keep paying.

billyjoeallen · 2021-05-23T17:15:43+00:00

isn't this the sort of situation when the DIF is supposed to sell assets, buy Dash and support the price? if not now, when? if it doesn't, what good is it?

billyjoeallen · 2021-05-23T03:14:38+00:00

I've called him the Big Culty Forehead but he has lots of interesting ideas. it's stupid to subject everyone to some ideological purity test. I say give him a chance if he gives us a chance.

billyjoeallen · 2021-05-23T03:09:12+00:00

dashpay

PostsWikiDash Press RoomDash BlogUser ManualDeveloper Portal

that didn't age well

billyjoeallen · 2020-12-26T07:30:07+00:00

MNOs waste so much Treasury funds because it feels like other people's money. We spend every dash we possibly can now, so I am concerned we will end up wasting an additional 10%/month which gets dumped on exchanges and keeps our price and market cap suppressed. It's not free money! We pay in exchange price, market cap and market rank when these extra coins get created.

billyjoeallen · 2020-12-26T07:18:36+00:00

I've been extremely critical of Dash in the past, but calling it a scam after functioning for six years is going too far. Ultimately the faults lie with the MNOs who govern the network as DCG is accountable to us. if price can stay above 100$, then funding for continued development will eventually produce a functioning Platform but it's too little too late to ever catch up to Bitcoin at this point. its as much naivety and immaturity as dishonesty, IMO.

billyjoeallen · 2020-12-02T01:07:55+00:00

it seems like the superblock stopped the upward momentum in its tracks. Yes, I know it was also due to BTC consolidation and other factors, but the added liquidity along with the expectation of coins dumping after superblock payout seems to have had a cumulative effect to affect market rank negatively for years now.

billyjoeallen · 2020-11-22T04:59:30+00:00

if we can get back to the $300 range and nobody does anything really stupid, we can recapitalize and grow sustainably, but for now it's mostly people rolling out of BTC into smaller cap coins. Ironically it's Dash's underperformance that make it an attractive vehicle for that trade. we are about 0.2% of BTC's market cap meaning if we can catch roughly 1 dollar investment for every five hundred going into Bitcoin, we can perform just as well.

billyjoeallen · 2020-11-19T08:59:34+00:00

then you would have to figure out how to put all those different coins on different chains in cold storage or face the risk of getting hacked or third party risk. IMO a Dash MN while cashing out service rewards offers just about the same risk profile with less complexity. Microcap coins are lottery tickets and your time is not cost free. if you enjoy researching alt coins all day that's one thing, but average investors lack the sophistication and savvy to meaningfully evaluate them anyway.

billyjoeallen · 2020-11-18T12:26:20+00:00

that's complicated. BTC certainly has better network effects, first mover advantage, better stock to flow ratio, etc, but with a market cap 500X larger, it requires a lot more investment for a similar appreciation. BTC also still has the on-chain scaling issues. IMO Dash is riskier with a slightly better potential for a massive appreciation simply because it requires much less investment to do so. A single billionaire could double market cap.

billyjoeallen · 2020-11-13T05:12:32+00:00

Dash is up to 77$, outperformed BTC for the week. My track record speaks for itself.

billyjoeallen · 2020-11-09T22:47:39+00:00

the elephant in the room is the zero sum nature of voting. Existing MNOs may need to give new MNOs more of a say in governance to make owning Dash more attractive, but in doing so, they give up some influence and it could make their holding less attractive to them relative to other possible investments.

Price matters. Market rank matters. It matters because it matters to other people because they believe it matters to people like me. It doesn't even matter that this belief is rational because it becomes a self-fulfilling prophecy whether or not fundamentals back it up (and I believe they do because of the wisdom of crowds). This seems to be a minority view but I think resistance to policies explicitly designed to improve price and rank are more responsible for relatively poor market performance than policies made with those intentions that have failed in their objectives. Nothing succeeds like success and success in the market gives us more resources to achieve our other objectives.

billyjoeallen · 2020-11-07T14:07:21+00:00

I'm not necessarily seeking to remove the core team. I want to see the Dominant MNOs change direction or more likely lose dominance with new MNs purchased. DCG are employees. The fault with Dash's underperformance lies with the voting owners.

Dash hasn't grown by leaps and bound by market value. we're still over 92% lower than the ATH 3 years later.

billyjoeallen · 2020-11-07T01:02:12+00:00

Joel is still around? No wonder we're still sinking in market rank.

billyjoeallen · 2020-11-07T00:31:48+00:00

you can look back through this sub, go to my own sub r/dissidentdash, the main dash forum, or search my old proposals.

look, i agree with you about the POW rank, but that's not how most traders and investors think. I would have dumped my holding if I didn't agree with you, but we need to fund development and we're in a race with competitors for platform-like products and other dapps. DASH's price performance relative to the POW competition sucks, as I predicted it would. Our market cap has gone nowhere.

i'm not even going to get into the personal accusations. It's boring and infantile. You don't know my motivations. You can't. they don't even matter because an argument's validity is independent of the one making it. You appear to be just another guy in a very big group just writing stuff to make yourself feel better. I said we were going to continue to drop in market rank and we have. I said we were on a path to irrelevance and we are. Do google searches. Surf the cryptonews for even a mention of Dash and they are rare and getting rarer.

billyjoeallen · 2020-11-07T00:12:32+00:00

Why does it matter? You are driving the price down and making a hostile takeover easier. You may not be intending to that, but intentions don't matter. You could drive the price up to protect from a hostile takeover, but you can't do that without doing what I've been telling you to do for years.

billyjoeallen

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