Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
There may be those, like me, who were saving during the bear market, believing Dash was at a bargain price. In fact I was saving and also buying on the market too, until Ryans proposal to move the block reward allocation. In my case I feel that the investment I was making is not the same investment anymore. Rug pulled out from under my feet. Now I feel overinvested in an asset that is changing to something else. I have been through similar experiences with another investment (Byteball now OByte) and can see all the warning signs again.
Anyway, Just as you can argue that we (ie Dash) pay too much for hashrate you can argue we pay too much for masternodes. How many nodes do we need in order to run the layer two stuff? Have we got too many miners or too many masternodes?
Or too many of both 
What does having 5000 nodes give you extra compared to 4000 nodes? What does more hashrate give you than less hashrate ? All the same arguments against hashrate can be turned around to the masternodes just as easily. The only thing Ryan is trying to achive is to make a price pump. That is not long term thinking
No. Because masternodes are no different from any other part of the supply. They might hold under one set of circumstances and sell under another. Dash supply is not "locked up in masternodes", it never was because no-one in their right mind would hold onto such a huge capital loss in a bear market, while in a bull market the principal attraction is capital gain, not fixed income so entire nodes will get dumped at the top of a rally. The only people that hold through both are Dash tribalists who do not represent the wider economic landscape.
Yet we currently have 4914 masternode operators that did exactly that (hold onto such a huge capital loss in a bear market). Those 4914 are also pretty close to our ATH (4969), and Dash is not even in a bull market.
Number of masternodes never reached lower then 4500 (discounting network updates causing large fluctuations) throughout this bear market. That is a lot of 'Dash tribalists'
I would dare say 4,5 million Dash (46,9% of Dash circulating supply) staying long term invested despite a rampaging bearmarket, does represent a large portion of the economic landscape.
To me it indicates that there are other factors driving masternode operators. Factors that are getting overlooked or ignored in your theory.
Maybe just maybe your all-explaining theory has holes.
Holes you are never ever willing to admit exists.
Anyway, Just as you can argue that we (ie Dash) pay too much for hashrate you can argue we pay too much for masternodes. How many nodes do we need in order to run the layer two stuff? Have we got too many miners or too many masternodes?
Or too many of both What does having 5000 nodes give you extra compared to 4000 nodes? What does more hashrate give you than less hashrate ? All the same arguments against hashrate can be turned around to the masternodes just as easily. The only thing Ryan is trying to achive is to make a price pump. That is not long term thinking Does it matter to your conclusions whether or not masternodes hold most of their earnings?
No. Because masternodes are no different from any other part of the supply. They might hold under one set of circumstances and sell under another. Dash supply is not "locked up in masternodes", it never was because no-one in their right mind would hold onto such a huge capital loss in a bear market, while in a bull market the principal attraction is capital gain, not fixed income so entire nodes will get dumped at the top of a rally. The only people that hold through both are Dash tribalists who do not represent the wider economic landscape.
Yet we currently have 4914 masternode operators that did exactly that (hold onto such a huge capital loss in a bear market). Those 4914 are also pretty close to our ATH (4969), and Dash is not even in a bull market.
Number of masternodes never reached lower then 4500 (discounting network updates causing large fluctuations) throughout this bear market. That is a lot of 'Dash tribalists'
I would dare say 4,5 million Dash (46,9% of Dash circulating supply) staying long term invested despite a rampaging bearmarket, does represent a large portion of the economic landscape.
To me it indicates that there are other factors driving masternode operators. Factors that are getting overlooked or ignored in your theory.
Maybe just maybe your all-explaining theory has holes.
Holes you are never ever willing to admit exists.