In order for it to dump, someone must own a lot of Dash. Does anyone own a lot except insiders?
it won't be dumped. BU will soon be created, DASH will be the first choice to put their money into and the more you have right now the more profit you get. thats what you get when you join dash this time and not a year after. because by then, you'd be buying dash 5x more than what is it today.
More likely is PIVX at $2-5. Most everyone can afford a masternode at 10-20 cents a coin and you don't have to reward a few instaminers.
The Dash pyramid scheme will continue to have an advantage in FOMO over any aggregate freer market,
until the base of the pyramid can't grow fast enough to allow the earlier buyers to cash out:
Your debunking of DASH didn't stop the market from appreciating it.
Dash doesn't have a market. It is allegedly a couple of guys working for Evan Inc. running accounts at the major exchanges buying and selling from themselves. It is a greater fool pyramid scheme.
You even stated that no one with large size dared tried to enter that market without a deal with Evan Inc.. So that tells you Roger Ver is in bed with the alleged "fraud" (aka dis-aggregate non-market) or he didn't buy much Dash.
Well it is a well defined analysis, isn't all crypto is structured that way? People who are the first one to adopt the coins take profit from the next wave who will buy their coins and so on and so forth? And indeed it is the FOMO that push this Dash buyer to buy more Dash because they probably think Dash will equal 1 BTC or rather even price more than BTC.
The difference is when the float is so extremely concentrated in just a few hands, then they can paint the market prices which ever direction they want them to go. This is known as a non-aggregate market.
Did you see the compounding math advantage on earlier and larger capitalized masternodes? Evan Inc. has probably ~80+% of the money supply by now.
The small float concept works well to draw in the greater fools, and the masternode concept to keep recycling the sold coins back to yourself. It is quite ingenuous. I read Evan worked before in Wallstreet or in investment finance. I guess he learned the tricks they use.
Roger Ver probably got paid off because he brought legitimacy and publicity needed to feed more greater fools into the FOMO spiral.
Hey I am done. I promised @qwizzie a truce. I have no bone in this fight. I don't care because his plan only works against greedy fools (of which the majority will be left holding the empty bag at the end), it isn't a mass market paradigm. As I state before, the caveat is if they could somehow actually spend some of that money to do outstanding R&D but really their technology has sucked up to now and there is no reason to assume any really great devs would be motivated to work for such a pyramid scheme. Great devs don't work just for money, they also want to impact the world in a positive way.
There is a cost to painting the market and constricting the float and milking the greater fools in a pyramid. It means your ecosystem will always be fake and have no real viral growth. All of Dash's ecosystem is some fools regurgitating technological lies, not actually millions of developers changing the world as the Internet is doing as we speak.
