Dash Instamine ‘Scam’ – Issue Clarification (The Cryptoverse #220)




**On Today’s Episode Of The Cryptoverse:**
As Dash is now the third most valuable cryptocurrency in the world, people are starting to scrutinize it more closely. So I think it’s important that we bring this common complaint out in the open and give you my take on it.
The news starts at 7:36.

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[Dash Instamine Issue Clarification](https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification)

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31 Comments

  1. x-coin I didn't buy at all

    dark coin I bought very little

    dash I bought aggressive.

    Do I regret not buying x-coin dirt cheap? Yes… but its like

    regretting not buying apple before IPhone came out.

  2. I think including the words dash and scam in the title is a bit of a mistake, as for people who think it's a scam, that's enough info to reaffirm their belief, and for others who might be interested, the more often they see the word scam and dash together, the more they think it's a scam, unless they actually look into it. But ultimately people are lazy, much like how everyone on reddit only reads the headline, then goes to the comments, skipping the article. Similarly, people who might be slightly interested in dash, but not interested enough to sit through this video, will hang on two words, dash, and scam. So while the video is probably chock full of info, and I don't know the exact breakdown here, I'd guess like 80% of the people who see the video just read the headline, maybe 10% or even 15% start watching the video and at some point stop, generally within the first 5 minutes or so. The remaining 5%-10% will get through the entire video and get solid knowledge. Anyway, those numbers are my assumptions, yours may differ, I just wanted to throw my thoughts on this out there.

  3. Immutable means that the blockchain, the record of past transactions, cannot be changed. I think this is an important aspect of the Dash blockchain. It started out with a technical mistake the awarded too many coins to miners. Did they start over? Did they try to fix it somehow? No. They left it as it was and kept going. I hope that Dash will continue to remain an immutable record of all transactions, including the instamine.

  4. cryptoverse, i'm sorry if Im wrong, but it seems that by defending the issue (by your personal assumptions) you have vested interest in Dash.

  5. 26 mins paid ads + reading of only the onesided dash people point of view containing 0 proofs of whatsoever and you just proved dash was instamined even though you were paid or have interest to do the opposite.

  6. now all the btc trolls are gonna come out of the woodwork for you and call you a shill. excellent objective video, keep the good work up, look forward to more great content from this channnel.

  7. Thank for sharing this Information. Tone Vays video on dash painted a differnt picture. And I thought im a totally fucked for not getting into dash at 10 $ , now I know InternetApe is prolly biting his arse even more….

  8. Nice video break down as per usual. Im fairly new to crypto, and Dash was the only one I could grasp all the steps in the procedure of buying to storing, that made sense with my paypal, bank transfers and credit card. The rest suggests buying a bunch of this and trading for a bunch of that, but not now, only later, but not later but now, but not how, but brush up on your Fortran skills while you wait, pretty clear huh? Thats my experience with crypto so far. Not exactly ready for primetime. However, like the old saying, pioneers are led to slaughter while settlers prosper. I keep reading white papers and watching released videos , and spending my money where I want, thats the beauty of the open market. Good luck with your portfolios all, and dont spend more than you can afford to lose. Have a nice day.

  9. Thank you, good video look forward to future ones on dash I plan on buying some if the price goes back down enough although I kind of missed the boat a bit.

  10. I have heard the mining stories before but didn't put much weight on it cause it seems to be a common theme in cryptos, but after hearing your explanation in detail, I know think it was pretty shady!!!

  11. About ICONOMI. Good project but. Its essence is to create platform where you use crypto funds and ICN holders earn dividends form fees. Also there should be Fund Managment platfor for every traded willing to start own fund other people can follow tat guy like copy trading people will copy moves of best traders. + they have 6000 BTC to invest. BUT there is a problem all those features will be active in future ICONOMI to create good volume needs time… while people see BTC pumping so better for them to cash out ICONOMI and move to BTC then buyback later ICONOMI. ICONOMI has realesed ICNX – 1st fund and allso people are duming ICONOMI 😀 to buy ICNX which is constantly rising. ICNX – this is basket of top 12 currencies automatically traded.
    ICONOMI to get good return need biger FIAT investment into their system while now are only BTC/ETH in closed beta investments avaible.
    So people want fast cash seeing all green ^^ while ICN to move on feet need about six months so they are dumping to look for fast cash somewhere "ride waves"

  12. All crypto coins have launch or distribution issues including BTC. From my own research before investing in dash i found Dash to have just as good if not much better distribution than BTC.

  13. "Their entire statement is false… In the first hours there was a network glitch that DID NOT allow other miners to connect and start mining until about 16-20hours after the launch. "
    Chris, major disappointment in this video!

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