SCAM ALERT: DASH PART 1

[toknormal]

Wow. Dash moving up.

What could be more bullish than being trolled by Nasdaq ! 

[cryptohunter]

Wow. Dash moving up.

What could be more bullish than being trolled by Nasdaq ! 

typical dashers reply...if it's a good report on the daq it would be amazing....if it is a bad report that's amazing too. I have to say the dashers have the most staying power of any community although some of the main dash worshipers have turned anti dash over the years. You will too one day just a matter of time.

the dash rise is very exciting for crypto in general but would rather it would happen to a non proven scam coin. Don't dump too many masternodes at once tok and burn all the noobs because they won't come back if they get burned too hard on the exit.

How many masternodes are you sitting on?

any crypto news in main stream is useful in some way I guess.

PIVx is the new fairer dash so sell some masternodes and become a PIVX whale. YOu can make a fortune and feel great about yourself at the same time instead of knowing you are profiting from a proven scam.

[xtyling]

At the end of the road, people who are poor and wanted to be rich; will be poorer with dash pump/ dump

[helloeverybody]

I was wondering if the current dash rise was a legitimate rise caused by adoption in the currency or if its just being pumped up by whales and eventually dumped. Unfortunately i got rid of all my dash a while ago but im curious to see weather this gets dumped back down to previous prices or if its here to stay.

[GRR]

First comment, but still I feel the urge to say: who in his right mind is buying now?

[Iranus]

Your argument isn't even competent, sign of a true scam artist.  I'm sure plenty more misleading posts will follow this one, ano opportunity for people to  learn about the scams taking place here.

I think that this dismissal of everyone else as a shill is trying to play on people's confirmation bias after seeing your argument first, but that it pretty weak in itself.

I don't think that Dash is the future, or that it is amazing, or even genuinely that it solves any serious problems that Bitcoin has, but I think this is a pretty weak smear against Dash.

It will get quite centralised and this will result in a weak rise of value (a big bubble which will eventually pop, but will take a bit longer than most, maybe a month or so).  But once again, this post is pretty pathetic.

You're trying to argue that it is a scam based on your perceptions of its mechanics, which ignores the actual meaning of a scam and desensitivises people to the term for when it genuinely fits.  I don't believe that the Dash creators had malicious intent when creating the coin or that the instamine is as significant as you think it is.

[andyatcrux]

Very good points about the Dash Scam.

is Poloniex a scam exchange? They seem to be running a bot that is manipulating prices

I think you nail this on the head, the exchanges are responsible for most of this pump, when their Bots start this Fomo,it is just like a drug, I can see only one winner here, the exchanges because in both direction they will collect their transaction fee

They don't disallow users trading bots, so there is really know way to know if the exchange is using them or not. I personally don't think so, but either way they make a ton of money off the fees. Dash situation is very unique with the centralization of masternodes being able to keep the price afloat. This pump could be sustained indefinitely. Sure, Evan and Company can make money shorting in the margin trading too, but I doubt they would dump it more than 10-20%.  Hell, they can pump it to 1 BTC per Dash if they want, but eventually even the most devoted Dashers will start to pause and wonder: WTF?

[catoshi]

dash trading x1000 on the XMR platform is LOLz enough.

You would think with all the volume being sold, there would be a significant increase in master nodes, instead we see increased pressure for them to collapse and sell off in batches of 1000 dash.  I guess some people do not know that Master-node is slang for bagholder lol.

[catoshi]

It's all about dirty game of profit now it looking clearly there will be only bag holders after massive dump when current rally will be ended. Majority of the people already exist and now just looking for new investors to buy at huge price.

IF they run out of buyers, it collapses, its a Ponzi scheme!

Stick with bitcoin, avoid dash trash scam.

[dinofelis]

IF they run out of buyers, it collapses, its a Ponzi scheme!

Stick with bitcoin, avoid dash trash scam.

You should ask yourself: what motivates MOST people to buy and hold coin X ?
if:
1) it is because they want to use it (as a currency, a contract....) for something else than crypto itself, then that's great.

2) if it is because they expect it to increase in value and sell it when it is more expensive

then it is a greater fool game.

Most alt coins are like that, but bitcoin too.  Yes, a FEW people buy stuff with bitcoin.  MOST of them buy it to hope to make profit = to sell it to a greater fool.

There's no fundamental difference between bitcoin and alt coins here.

[catoshi]

I think the scammers are the ones motivating investors to buy into their ponzi scheme. They scammer ( using multiple accounts ) lead them to believe its a legit investment like bitcoin.  Then they find out that its not like bitcoin, just a copy and paste with a few bugs put in it so they can pull this stunt.  I feel bad for the people falling for this scam!

[catoshi]

dash trading x1000 on the XMR platform is LOLz enough.

You would think with all the volume being sold, there would be a significant increase in master nodes, instead we see increased pressure for them to collapse and sell off in batches of 1000 dash.  I guess some people do not know that Master-node is slang for bagholder lol.

Thats very true, I wonder how many bagholder nodes there are?

[catoshi]

Bump