Very heated debate about DASH. Some people talk about obvious problems in coin,some does not want to see them. Bittrex delisting becomes irrelevant in this situation,because market has already been delisted DASH.
DASH is only "major" which existed in 2017 and which price in BTC went far below beyond 2017 pre-pump level. 73% fall,from 0.01 to 0.0027 now,no doubt disastruos performance. Why?
- 95% of masternodes were established before 2017 pump,
- theirs operators paid off them many,many times and has no reason not to sell coin immediately in situation when price is going down all the time,
- coin has been brutally drained due to major disbalance in reward ratio between masternode operators and miners,
- cant give 50% of coins with 0 cost and expect to be store of value.
Some people do not bother with that ,expecting when BTC consolidates,money will start to flow in altcoins,including DASH and price will skyrocket just like in 2017.Unfortunately,market in 2017 and now are quite different.Now ,money is separated in 2 firm blocks - BTC and ETH + Defi.ETH became de facto crypto silver.In such situation it is much more likely that most of money will rotate between these two blocks.We all saw how much money Defi can attract and it looks that Defi took role of altcoin market in 2017.Sure,some money will come to "ordinary" altcoins, but probably only to few of them.Many will suffer ELE - Extinction Level Event.
Will DASH survive it or will DASH go to trash? Hard to say.Coin has been drained so much,that it probably crossed point of no return or event horizon.Its technological advances were ruined by disastrous economic decisions.Maybe someone will see potential in its techno part and will try to overtake coin using opportunity of price crash.Time will tell.