Post
Topic
Board Altcoin Discussion
Re: The danger I see with Dash
by
iamnotback
on 19/03/2017, 14:18:04 UTC
Hmmm. Something spectacular may happen to the downside for Dash not too long from now...

Dash is not a technology adoption phenomenon like Amazon:






Rather it is looking like a scam price chart similar to Mt. Gox (Mt. Gox controlled most of the BTC supply and was doing a scam which lead to the price rise, read up on it):




Price rises due to a new technological adoption do have two humps but the second one doesn't go vertical:



FOMO:

Quote from: iamnotback in private chat @ 19 Mar., 10:03 pm
Too bad we didn't buy some Dash.

Quote from: anonymous
I sold about 4000 or 5000 dash for 0.006 or so in 2015 when the fud was highest and I was sure it's gonna crash

But it is the very low float because Evan Inc controls all the money supply, so they can buy from themselves on the exchanges and manipulate the price.

Their only problem is that if the price goes too high, some of their own whales may dump on them and also the people who are buying now may take profits. The higher they push the price, the less control they have over the float in the selloff scenario.

OMG, 5000 x 70 = $350,000. That is your reward for listening to the FUD from @smooth, @iCEBREAKER, and myself. Damn.



For this very reason, Evan Inc. can in theory push the "market" as high as they want.

Except if they grow the pyramid too fast and can't sustain those who want to cash out:

In order for it to dump, someone must own a lot of Dash. Does anyone own a lot except insiders?

it won't be dumped.  BU will soon be created, DASH will be the first choice to put their money into and the more you have right now the more profit you get. thats what you get when you join dash this time and not a year after. because by then, you'd be buying dash 5x more than what is it today.

More likely is PIVX at $2-5. Most everyone can afford a masternode at 10-20 cents a coin and you don't have to reward a few instaminers.

The Dash pyramid scheme will continue to have an advantage in FOMO over any aggregate freer market, until the base of the pyramid can't grow fast enough to allow the earlier buyers to cash out:

Your debunking of DASH didn't stop the market from appreciating it.

Dash doesn't have a market. It is allegedly a couple of guys working for Evan Inc. running accounts at the major exchanges buying and selling from themselves. It is a greater fool pyramid scheme.

You even stated that no one with large size dared tried to enter that market without a deal with Evan Inc.. So that tells you Roger Ver is in bed with the alleged "fraud" (aka dis-aggregate non-market) or he didn't buy much Dash.