Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
smoothie
on 04/10/2015, 21:49:39 UTC
I guess trolls can't read? Not surprising. Anyway, I'm still buying.  Wink

Good to hear that. So am I.

However, in a case like DASH I wonder, what would its intrinsic value be? Still zero?

That's why I was pondering an IPO (MN as class A shares, ordinary shares to be bought and sold on a market while the currency acts on its own) for I'd like to see a real value. This brings up a question - if a Virtual Company behind DASH would offer its own MN service and have a bunch of real servers, not unlike Google's servers, would it not be a step toward a real, tangible asset?

Another red flag in my view.

When a developer of a coin starts making comments about what they are doing (buying or selling) you can expect the price to go in the opposite direction ultimately in a longer term time frame (next few weeks/months).

I would not be surprised if Evan is actually selling into strength in this short term counter trend rally with the expectation to buy cheaper.

It was a red flag when he originally posted his "BULLISH" technical analysis which proved to be 100% wrong.

Just from past experience when developers (like RealSolid/Coinhunter) have spoken about prices of their coin and speculated openly the price actually went in the opposite direction they were claiming they were "positioning" themselves to be in (i.e. buying or selling).

Expect lower prices.