Recently many of you may have clearly noticed the big changes in price of dash it increased then decreased. I think the simple reason for this is a huge investors simply gambling with the coin by first investing some millions and then selling it and then again buying.
What do you guys think of my theory?
Would be a part of this gamble?
Dash is a coin that can easily be manipulate, the masternode is a perfected plan to suck liquidity from the market, there are about 8 million tokens and 4 million tokens is trapped in masternodes. If you say the recent rise is like gambling with your Bitcoin, I won't disagree with that, because I can tell you the Dash guys don't want Dash but your Bitcoin
This is simply not true, I mean you can have any opinion of Dash you want but try to have it based on facts. The Masternodes don't lock any coins this is a common misunderstanding. When you run a masternode you get paid for providing a service, you can move the collateral and sell it at any time there is no lock. People just have an incentive to provide the service as they get paid for it. This incentive is about 8 - 10 % a year more or less at the moment and it goes down if the number of masternodes grow as it is a fix percentage of the rewards that is shared between all active nodes. So really the more masternodes that join the smaller the reward.
And Dash users and investors like Dash very much and want to buy it, hold it and spend it. You can spend Dash directly for many things already and there are several debit cards available. Dash has been a better store of value than BTC it has outpaced BTC's growth so anyone that simply bought and held Dash is doing better than someone that sold their Dash for BTC.