For Traders: Does Evan Duffield Own Too Much Dash?

[fintekneeks]

As a trader, would you be concerned if Mark Zuckerberg owned more than 5% of the shares of his company?  How about Steve Jobs?  In the case of Dash, does Evan Duffield own too much Dash?

In general, a founder owning a large portion of the supply of anything does not invalidate the idea, though possible economic nuances exist relative to how much the large portion is.  Like companies, my focus is how is the idea moving forward and is it moving forward over how much the founder has.  Still, Evan recently stated how much he owns of the supply, which is less than Satoshi "supposedly" owns of the bitcoin supply (I think this 1+ million is debatable).

[Febo]

As a trader, would you be concerned if Mark Zuckerberg owned more than 5% of the shares of his company?  How about Steve Jobs?  In the case of Dash, does Evan Duffield own too much Dash?

In general, a founder owning a large portion of the supply of anything does not invalidate the idea, though possible economic nuances exist relative to how much the large portion is.  Like companies, my focus is how is the idea moving forward and is it moving forward over how much the founder has.  Still, Evan recently stated how much he owns of the supply, which is less than Satoshi "supposedly" owns of the bitcoin supply (I think this 1+ million is debatable).

Satoshi dont stake his bitcoins.

There is no excuse to reduce emission. Evan should let it as it was first day not reduce it after other started mining. All would be fine and he would be most likely richer. But he preplaned it this way. So was impossible to be OK.

In general who cares about it at all. There are millions of posts allready about his idiotic scam he made.

[qwizzie]

As a trader, would you be concerned if Mark Zuckerberg owned more than 5% of the shares of his company?  How about Steve Jobs?  In the case of Dash, does Evan Duffield own too much Dash?

In general, a founder owning a large portion of the supply of anything does not invalidate the idea, though possible economic nuances exist relative to how much the large portion is.  Like companies, my focus is how is the idea moving forward and is it moving forward over how much the founder has.  Still, Evan recently stated how much he owns of the supply, which is less than Satoshi "supposedly" owns of the bitcoin supply (I think this 1+ million is debatable).

Satoshi dont stake his bitcoins.

There is no excuse to reduce emission. Evan should let it as it was first day not reduce it after other started mining. All would be fine and he would be most likely richer. But he preplaned it this way. So was impossible to be OK.

In general who cares about it at all. There are millions of posts allready about his idiotic scam he made.

Dash is no scam .. period.

You just earned a place on my ignore list as you seem incapable of rational discussions about Dash without resorting to emotional scam allegations.
That firmly puts you on the same level as cryptohunter and AdamWhite in my eyes, both who practise very low level trolling.
Congratulations.
  

[Red-Apple]

As a trader, would you be concerned if Mark Zuckerberg owned more than 5% of the shares of his company?  How about Steve Jobs?  In the case of Dash, does Evan Duffield own too much Dash?

In general, a founder owning a large portion of the supply of anything does not invalidate the idea, though possible economic nuances exist relative to how much the large portion is.  Like companies, my focus is how is the idea moving forward and is it moving forward over how much the founder has.  Still, Evan recently stated how much he owns of the supply, which is less than Satoshi "supposedly" owns of the bitcoin supply (I think this 1+ million is debatable).

you are comparing apples with oranges.
Mark Zuckerberg, Steve Jobs, and Satoshi didn't create Facebook, Apple and bitcoin to make money! they were visionaries set out to change the world by offering something new. and they ended up making a lot of money by their project which they put a lot of effort into.

in case of altcoins in general including Dash, they are created with one goal in mind: make money the more the better. so they are going farther and farther from innovation and being useful and getting closer to becoming hype and pumps and dump. in which case when you own a lot of the shares you dump a lot more and make millions easy then you either buy back all up with 1/100 profit or give it up and move to the next altcoin premine.

[qwizzie]

Attending a Dash open house can be informative it seems :

https://www.reddit.com/r/dashpay/comments/62jc3b/evan_duffield_has_no_more_than_256000_dash_and/

[jacafbiz]

Dash case cannot be equate to shares in company, Assuming their is no masternodes in the picture it might be thesame, the masternode is like POS, the rich keeps getting richer. I always wonder how this guys manage to convince people enough to believe in their scam project. Thanks to Roger Ver and co for the recent pump

[DrkLvr_]

Dash is a huge scam and so is qwizzie

[Febo]

DASH is now role model for new ponzi scams. DasCoin is here for your entertainment. https://www.youtube.com/watch?v=pQbPFWbTgLU

Quizzie jump on a bandwagon so you dont stay behind. You should get an Executive or at least VP badge for sure.

[fintekneeks]

I'm seeing two major arguments against Dash in this thread:

1.  Dash is a scam because there was an instamine.
2.  Dash is a scam because people push up the price, sell at a high price, and buy back at a low price.

That's what I'm seeing in this thread; any other arguments than these as to why Dash is a scam?

As a note, we're very clear that it's dangerous to buy near or at an all time high.  No matter how much we warn, many people disregard this.

[dwgscale11]

Dash is an obvious scam. Stay away.  Its all just hyped "sell to greater fools" fairy dust.