Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
mastertrader777
on 30/03/2017, 14:44:06 UTC
I'm about to pull out of Dash at this rate - Its performing so poorly against the competition.

I've been watching Dash for years - and its draw back pressure is somewhat odd.

Looking at the big picture - it looks like another 3-4 days of this :

 

Certainly from a traders perspective...its odd.  What is more telling is that the Masternode count keeps climbing.  Now at 4241 active masternodes.  That to me is a way more important number as a long term holder as it speaks to the confidence of the currency long term.  Smart players dumped at ath, then bought more DASH to further their Masternode holdings...

Currently 59.88% of the currency is held in masternodes...and climbing daily.  For long term holders like me...this is what we look at.  If your a margin or day trader then this would not be your cup of tea.

Wasn't the Masternode count higher than this before the pump though?


Yes it was...it was at around 4500 +/-  ...there was a sell off down to about 3800 masternodes during the ATH...and now we are back up close to 4300.

EDIT:  Since my post...7 new masternodes have come online.   Thats 7000 additional DASH locked up. 


Those were the numbers I was looking for.

Thanks.

I see a bit more blood in the water with the RSI in the shits.