Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
afbitcoins
on 07/11/2020, 13:06:07 UTC

It isn't a "bear cycle" it's a death spiral


This is a real possibility, wether we like it or not. Dash has no divine right to have another bull cycle. Particularly if it continues to make economic decisions that favour its own masternode community above all others rather than providing the crypto market what it wants. I have been down this road with other projects, (Cloak and OByte) to name but two.

Dash might do a litecoin and fade away almost to the point of death only to manage to hang in there just. Litecoin managed it by being a testnet for segwit. Dash might manage it somehow under circumstances I don't forsee just now.

Or Dash might do a peercoin or an obyte or a cloak and fade away to complete obscurity. living as a penny stock kind of thing all but dead. Although quizzie will still be here rallying the troops.

When I got into dash I did not think i was aiming at those lowly possibilities. I thought dash would be challenging bitcoin as a store of value,  better payments, better privacy, better governance, self financed developement. Store of value was the achillies heel I didn't properly account for. Ryan Taylor's proposal to address store of value is a poor thought out joke.