Bitcoin Forum

Recently many of you may have clearly noticed the big changes in price of dash it increased then decreased. I think the simple reason for this is a huge investors simply gambling with the coin by first investing some millions and then selling it and then again buying.
What do you guys think of my theory?
Would be a part of this gamble?

Well whats the point of doing that? There are obviously players involved but if they are probably misleading people with their "tips" on altcoins. After all if they are the only ones in the market they won't make any profit.

Since your avatar and personal text suggest that you are somehow affiliated with pumpmycoins.com, i wonder if that is where you got the impression.

I would not be, since i'm going to be the one that fuels the fire more if i join in, which is bad. So no.

if the method is used, meaning it's not gambling, as investors played as an investment currency, in buying when prices are cheap and sell when the price is expensive, almost like buying and selling stocks.

Yes, also the investors use analysis technical and fundamental before buy dash coin, they are traders and investors will not put the money without analysis, they doing trading on the dash coin they are not gambling in altcoins, some time if they have got profit they will sell the coin or they will sell couples coins for return of investments and hold the other dash coin depend on their strategy investments long term or short term strategy.

Dash is a coin that can easily be manipulate, the masternode is a perfected plan to suck liquidity from the market, there are about 8 million tokens and 4 million tokens is trapped in masternodes. If you say the recent rise is like gambling with your Bitcoin, I won't disagree with that, because I can tell you the Dash guys don't want Dash but your Bitcoin

yes, is makes it interesting in the market, more correct predictions that  played and more satisfied as a predictor, and became famous as broker wolf street is the dream of some people.

Gambling ? Like what the Monero site that was hacked ?
https://bitcointalk.org/index.php?topic=1595182.msg17901874#msg17901874

Oh and ever heard of FEE's ?
Unless you wanted to fake liquidity what is the point ?

i personally more likely to call this situations as a part of trading indeed the risk are equally such as losing your money in gambling but i'm not consider that is gambling

This is simply not true, I mean you can have any opinion of Dash you want but try to have it based on facts. The Masternodes don't lock any coins this is a common misunderstanding. When you run a masternode you get paid for providing a service, you can move the collateral and sell it at any time there is no lock. People just have an incentive to provide the service as they get paid for it. This incentive is about 8 - 10 % a year more or less at the moment and it goes down if the number of masternodes grow as it is a fix percentage of the rewards that is shared between all active nodes. So really the more masternodes that join the smaller the reward.

And Dash users and investors like Dash very much and want to buy it, hold it and spend it. You can spend Dash directly for many things already and there are several debit cards available. Dash has been a better store of value than BTC it has outpaced BTC's growth so anyone that simply bought and held Dash is doing better than someone that sold their Dash for BTC.

dash would be good if there weren't pre mined coins , at the current price if you want to buy then for sure it's a gamble and I don't expect that this gamble can reward you a lot when we compare it with the possible loss
next couple of months should make the future of Dash kinda predictable , let's see what will happen with the market

Well Dash made 3 attempts at its Bitcoin ATH before breaking it recently on its 4th attempt many early miners have shown how they sold too early and coins have been distributed many times over.  Like you said time will tell and so far the last 3 years and two months of Dash history place Dash at the number 3 spot of all digital currencies. I guess we will see what happens in the next 3 years.

no you are wrong, mostly because you are one of those guys who are pushing the idea of "trading=gambling" and i strongly disagree with that whole idea.
this is just a simple case of a sudden big pump, and that is coupled with lots of spam-hype to push the price of Dash up and each time it is successful those who were hyping it, unload their bags they were holding on the market and crushing it until they are out.

if u weren't in DASH a long ass time ago, it's way to late now.
even to play swings brah

isn't it what trading is all about? everyone is gambling here with his/her money, not only on dash but on many other altcoin, their gambling is what make the price soaring, what you are saying is market manipulation or market speculation, dash is currently in a big bull market i'm waiting for the dump to buy cheap coins

Yes it is fluctuation of price in dashcoin, all of coins are fluctuation in the markets,
 it be needed on trading activity because if there are not fluctuation
mean there are not profit can be taken but if we are losing money in trading,
 doesn't mean it is gambling it is part of risk in trading.

invest in every altcoin is gambling since the use in real world are still based on speculation but nothing concrete at the time. The game It's only about bet on the good horse of the run. Who knows what is the right horse?

Same thing was said about bitcoin at $70....its too late.

Bitcoin at $500 = omg its too late

Bitcoin at $800 = omg way too late

Anyone who bought in bitcoin at those prices won big time.

Maybe it is time to remember the history of Dash DRK, and why they switched names in an attempt to cover it up:
SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) (https://bitcointalk.org/index.php?topic=560138.0)

I think if you equate trading with gambling it is very wrong, altcoin used only for trade, analyze up and down the price of the coin and make a profit from our trade, just as we sell food or other things and certainly hope to make a profit, difference only if the food trading with real money when trading altcoin with digital money, obviously it will be different in gambling.

Add some point LTC was also at 53$ and even 1 billion market cap 4 years ago :D.
LTC they were saying will take over BTC... they have 2min block size :D
Dash have "coin mixer builded in" and master node ^^
That cycle with killing BTC is played all time.
Coins go to in price in $ and go down because there is not much more sukers to buy in :)
Is good to see so rocketing Dash because I know that when it will fall it will pump many shitcoins into heaven.
I must say thank you DRK/DASH ^^
Next 3 years will be hard for DRK/DASH holders.