Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Swandeli
on 26/03/2015, 05:15:40 UTC
I was looking to see why I put mitchr4 on ignore and found this...

I sold... OTOH and masternode are going to own like 30% of the coins by the end of the night.

The price was ~ 0.01234, ouch

yea I made money on that trade, then bought at .16 and made more money. Ill sell again too, because I still think Otoh has way too many coins. He offered to sell 30k coins at a set price today... Dash is going to hit an all time high, but people dont realize that even when it does cross .027 the market cap will be significantly less than it was the first time it was reached.

OH...where did he make the offer?  

https://bitcointalk.org/index.php?topic=421615.msg10886324#msg10886324

30k... I like dash, but this guy essentially cornered the market on the last crash.

Bitcoin whales do the same thing, though on a much higher level(Tens of millions of $). They buy a ton of coins to ensure maximum profit for the inevitable dump. Though this plan could drastically backfire on this Otoh guy, should Dash fail before ever reaching anything worthnothy. That's a high likelyhood considering it did have a severe instamine and all...which as you will all see, will prove to be a barrier that is unable to overcome.