Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Sure, but the falling price has nothing to do with what Tok is talking about. The advantage that Bitcoin has is that its first 1 million coins never made it to market, so the price can stay inflated because Satoshi is not taking profit. In the case of Dash we emitted our first one million coins at a rock bottom price (primary market) 
and ever since then, those first adopters have been taking huge profit into a pool of just 10.5 million coins. This radical asymmetry in our coin distribution is the reason we are struggling with the larger prices, it has nothing to do with how the coin is mined.
and ever since then, those first adopters have been taking huge profit into a pool of just 10.5 million coins. This radical asymmetry in our coin distribution is the reason we are struggling with the larger prices, it has nothing to do with how the coin is mined.
Well that's a new one at least. Do you have a cache of these anecdotal explanations available to pull out for gatekeeping purposes ?Nº 271: All coins lost value
Nº 386: Hashrate's only a measure of carbon footprint
Nº 364: Dash was in a secular downtrend
Nº 210: we had some large elderly whales sell everything recently
Nº 142: Dash performs poorly leading into December
Nº 142: MNs aren't fotced to sell, miners are
Nº 481: The instamine !
Anything to deflect from the systematic analysis of capital flows in a coin where only part of the yield is used to attract bids into the primary market and where the balance is used to attract fiat into the pockets of existing holders instead. Fiat that should otherwise be going towards boosting our marketcap (and which it is in the case of our 100% mined competitors).