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Well shit at least you gave me something - also, I countered your position about it being decentralized. I'm preoccupied with the future of DASH as its vision intends, nothing more. If I made negative profits from mining but still got a decent amount of DASH, I would make that investment...

Then you should check out my article - I discuss this in depth and create coefficients independent of price in order to determine true profitability of the current ASIC miner. It is not good for miners to get into DASH at any point in comparison to mining bitcoin...

Well I do appreciate the information and the debate, I think the knowledge here has made my tools a little sharper. Thanks for being a good MNO sport.

I'd give it to you if we could run DASH on purely MNs, but I dont think that'll ever be the case. Unless they experience a 51% attack (rather expensive on a current 1.5PH/s network, but still completely possible), which is where I was getting at.

This would be somewhere I would attack, if I were, say... bitcoin, and I was trying to get people to move their transactions into my network. Attack miners, MNs reject the improperly formed blocks, and now the system is in a deadlock.

It's a fair point, but I think its more comparable to Forex than it is a stock... for obvious reasons. People believe other people will adapt a currency more, thus increasing its strength (as any forex-minded individual would imagine) and profitability. It's like Zimbabwe vs USD... USD went up...

There is, however, in buyer and investor confidence into the network. The two things investors that actually know what they're doing in the cryptocurrency space care about are listed here: http://organofcorti.blogspot.com/2014/12/measures-of-network-hashrate.html Specifically, their concerns...

I'm interested in hearing this. Tell me about this set-up you have and the ACTUAL investment you make into it so I can make a more realistic comparison for analysis sake. Also, it's not an investment if you don't spend, and if I changed my USD to EUR its not an investment into euros either -...

If you voted for that aeroplane advertising bullshit to pass, I would be calling you an idiot. If you didn't, congratulations - you're not an idiot. And if you ACTUALLY ended up with 1000 pieces of nothing (which you don't btw, idk how many times I have to say it would take a dip then rise...

No this is pretty much the end unless you can explain to me why sitting on 1000 DASH entitles you to an ROI 5 times more than the people who literally generate your profits. MNOs are leeches off of the people who do the actual work on the network - miners. They're neither so much so vital that...

With my current miners I won't even break even until two years later unless DASH prices increase fourfold (break even at 6 months) and I spend my own money (sell none of the DASH) on electricity and maintenance. Do we see where I'm going with this? Also, if we were to traditionally calculate...

And yes, I would definitely still hold all my profit margins in DASH, because I'm not an asshole trying to make short term profits. I would sell off what is required to maintain and pay my employees, and hopefully, one day, get a MN and SIT ON 1000 DASH and pay a measely what? 30 bucks a month...

Do I need to calculate the hours needed to maintain such a facility? The bodies I would need to do the maintenance? The rent for the WAREHOUSE I would need to get to store 300 DASH miners? The parts I would need to replace because they would burn out? THE INITIAL INVESTMENT I would need to make...

It doesn't until I start adding all the REAL costs. Electricity already takes away half of that DASH alone. You're sitting on 1000 DASH. I'm actually working. Let's be realistic here.

I corrected the math btw, sorry for saying a month. 8% a year. Still ridiculous for just sitting on it and renting out a AWS server. Even value investors take more risk than you do.

That's correct - your miners generate your DASH. You literally get paid because of a miner's investment, not because you yourself hold 1000 DASH on an AWS server.

But let's compare a $444,000 investment into D3 miners then. And I'm not even counting the ridiculous amount 296 D3s turning online would again flunctuate current difficulty into oblivion, nor am I counting the amount that DASH would crash after my MNO getting lower payout suggestion would play...

Also you clearly glanced over the fact that I said you WOULDN'T lose your investment - it would dip and rise again. The valuation of $450 is inaccurate as this is a pseudoeconomy with a centralized bank (MNs holding the rest of the liquidity much like the feds would hold back on printing more...

Of course I can compare - half of all masternodes were generated pre-2016. You made an investment when the prices were already inflated. I call that a bad investment (much like everyone else is telling me on here about my miners). And you've got the wrong idea about mining - no one mines...

We understand each other perfectly, but if you think MNOs are doing this for the sake of DASH future, you should read my thread and see some of these ridiculous assumptions they're making about mining profitability. They're willing to sacrifice miners as long as you don't touch their short term...