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For all those thinking of selling, it's important to clarify what's really going on behind the scenes when it comes to price and why you shouldn't panic sell and just continue to hold.
There has been a strong algorithmic price lock put in place between Dash (as well as all other major alts such as ETH, Monero,) and BTC for many months now. This "lock" is driving the price of Dash in the exact same direction as BTC in addition to forcing it into a continuously worsening Dash/BTC ratio. The lock was put in place by most likely the major exchanges such as Bitfinex and Binance or possibly some other big BTC whales with the intention of not destroying the alts, but to protect BTC dominance (all major alts have fallen almost exactly around 80% against BTC) AND to also prevent the alts from rallying while BTC is falling. This is irrespective to any fundamental achievements the alts make, no matter how great they are. They are all moving in exact lock step with BTC price, no matter what. This consistency of downward movement among all major alts in almost the exact same percentage is unnatural and not reflective of a real free market.
Unfortunately, this downward price action is creating a negative feedback loop which is causing more and more people to panic sell (erroneously thinking that the price decline has something to do with Dash when in reality it's being orchestrated on purpose) which leads to more Dash in the hands of exchanges which further strengthens their capability of reinforcing this lock and creating a stronger tie with BTC's price action. As evidence of this, you can see the "bart" patterns which are being done on BTC as shadow effects on the Dash's price charts. The way we can fight this is by stopping the sells and keeping less Dash in the hands of the exchanges. Right now, we still stand 5k + MN strong and we don't have a large circulating supply. All it takes is for one catalyst and the lock will begin to weaken.
I'm also a firm believer in fundamentals and right now, Dash and our community only continues to grow stronger than ever. We are technologically moving in the right direction and adoption continues to spread world wide. There is also a lot of pioneering and industry leading developments in the pipeline (i.e. Chainlocks) and many of us are volunteering our time to help spread Dash adoption in the real world. In my opinion, this lock to BTC can only hold us down for so long until Dash breaks free and can move in it's own path.
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What is the telegram channel? and What is the process for the refund?
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For the projects which got launched on the Beta version. If the forecasting is complete, do you automatically get the rewards or do you have to wait and claim like with the projects on the Alpha?
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Who also has painfully Hodled Dash through this crash?  I'm 80% down from ATH. My friends are saying that I'm crazy for not taking any profits. #HODL4LIFE |
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Just download and use Dash's own wallet. Plain and simple.
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I don't understand why you have to use Third party wallets. Just use Dash wallet from Dash core.
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Can anyone vouch that this Coinex promo of 1:1 is legit?
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So funny, that both of you responded at the same time. Us seasoned veterans know that you're part of the Credits team. You try so hard, its so obvious. That website looks like a 4th grader put together. And no, Aubrey De Grey wouldn't involve himself in such a shoddy project. I know him personally too  . |
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This is probably the most well orchestrated scam I've every seen, maybe second to Bitconnect. One simple proof. They claim affiliation with many users such as "Aiternis". Please take a look at this and tell me this is legit: http://aiternis.com/aiternis . Have you seen even the shadiest of ICOs have such a crappy website. Also, Aubrey De Grey is not involved in any ICO. Hence, this is a fake ICO which was set up. |
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My worst investment of the year - largely because presalers (maybe Tim Draper too) dumped a huge portion when it hit exchanges. A good example to watch out for how much offered in presale and at what discount.
The responses here by different accounts all advertising datawallet leads me to believe these are fake accounts bought by data wallet. Not cool and a huge red flag.
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Any new projects that are paying out besides Bitjob and Indorse?
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I would advise to do your own research and diversify into as many as you can.
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I would stay away from this one. Tons of red flags as they made plenty of lies like being the first platform for dapps, having relationships with IBM and SAP. Also only a team of 4? Really. They are also kicking people from their telegram for asking simple questions. It has scam checked in every box.
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Where is the information about the team?
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I love the support behind this project. I am now a fellow NYC HODLER  |
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This was a clear Ponzi scheme from the get go. The people who are promoting this and exchanges that support BCC should be arrested and go to jail. People already lost a lot from this scam and they still want to prey on their victims even more with BCCX. People can be really sick and twisted.
If I was a victim of this, I would start researching and try to find out the identities of the BitConnect team and pay them a nice visit.
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Have their been any additional rewards given out for forecasts?
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I am also having issues withdrawing Dimcoin from them. They are quite unprofessional and do not respond to support tickets.
I am already in discussion with UK financial lawyers and will be talking with the Financial Conduct Authority (FCA) which is the UK regulator to get them shut down and arrested on financial crime charges.
Below is their legal registration info in the UK. I urge all UK and EU citizens to also contact the FCA as well.
Hit Techs Limited
Kemp House
192 City Road
London, EC1V 2NX
United Kingdom
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Have the rewards been released since the 1st round?
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