Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
iCEBREAKER
on 02/03/2017, 01:57:09 UTC
Our team is actively monitoring Dash as an investment vehicle, we are interested, but wary at this point.

You should be wary.  A16Z won't be happy if you buy into a scam at the top of a pump.

Here's a great summary of Dash's issues.

https://medium.com/@omiros23/evans-and-dash-s-scam-story-add1f16528ae

Quote
During the first day 2M coins were mined, and as of today, less than 3k are mined daily. Even if there were no features/community at the time, he didn’t relaunch and decided to keep his instamine, claiming that the community told him to do so. Having a fair launch is very trivial for the future of a coin, because a premined coin has only one future : to make the creator rich.

Oops, I'm sure the Instamine was just an honest mistake.  But it couldn't be corrected Because Reasons And Stuff.

Quote
t the time this article is being written, the ROI for each masternode is above 8% per year. Getting such high returns, for doing so little, is a massive red flag. Your dash isn’t collateralised and there is no risk of losing it.

Reward without risk?  Seems legit.

Well, besides the risk of running what's essentially a money laundering and (unlicensed) MSB.