Who or what moron is buying dash at these prices

[jamesbo]

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

[misterbigg]

Dash is the most well marketed scam I have ever seen except for the scam that is the Federal Government of the United States.

[Patatas]

Dash is the most well marketed scam I have ever seen except for the scam that is the Federal Government of the United States.

Welcome to the  Altcoin World.The power is in the hands of the few pumpers who'd go heights of being stupid to make a few pennies out of their investments.These newbie traders are delusioned by everything that seems to hike on daily basis.Can't believe numbers can be so manipulative.I will be the happiest person on this planet if the price drops down to $5 tomorrow.

[dfd1]

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

I think almost all coins was sold under 16, no big real buys appear now and bots just pumping air and dust. Dash, if climbs on 100,  can go to 1225 overnight and no one can really stop it. No buys no sells besides bot fake walls.

[steelboy]

Seriously, are you guys all just butthurt that you didn't buy earlier?

Whats the deal with Dash? Why o you call it a scam?

[misterbigg]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

[dopamine]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

Clearly you need to do more research into your assement. The coin is anonymous and no knows how much DASH someone owns and DASH is double spend proof. DASH goes over 150 just because of what the technology can bring now.

[misterbigg]

Clearly you need to do more research into your assement.

Are masternodes anonymous?

[Coinster]

Whats the deal with Dash? Why o you call it a scam?

I think people mean the founder(s) own a very large percentage of the coins. How large? I don't know but probably large enough to pump the price by simply holding and not selling. So you combine the following: 1) launch coin in such a way you control a very large amount 2) market coin with funds 3) Speculators don't do much research so when price starts rising they jump in causing more spiking

It's a perfect storm of high coin price, at least until large holders start selling or a better market understanding of the coin's story happens. I admit I haven't spent a lot of time researching DASH but here is an example of what I've found so far.

The first thread to look at: https://bitcointalk.org/index.php?topic=999886.0

1. Within the very first hour over 500,000 coins were mined

2. Within 8 hours over 1.5 million coins were mind, which is most of the instamine.

On the matter of the instamine itself, to focus on the amount of the instamine and the subsequent disposition of the coins is to ignore a whole host of extremely deceptive and arguably fraudulent practices that surrounded it:

3. That Evan misled people into thinking that the launch would not happen for days (and specifically "definitely" not in "hours"), then it happened in a few hours, late at night in the US and during the early morning hours in Europe. Considering the >500K coins mined in the very first hour alone, the effect of this "ambush" was enormous.

4. That the stated reason for delaying the launch for days was to do more testing and fix bugs. Yet when the coin was lunched it still had a "serious error." ...

There are of course two sides to every story, but even the coin founder seems to agree there was something unfair about the launch:

https://bitcointalk.org/index.php?topic=559932.0

The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this.

...

Vote!

Sorry, this was a terrible idea.

[qwizzie]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

Why Dash is the Most Sybil Attack-Resistant Cryptocurrency -- By Far
https://www.youtube.com/watch?v=bz6rFZQywOE&index=34&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC&t=264s

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

Anyone that has been following Dash saw this coming miles away. Go check Amanda B Johnsons Dash Detailed YouTube video's if you want an explanation
why Dash is growing at the rate it is --> https://www.youtube.com/playlist?list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC  

[Aureliusy]

Why Dash is the Most Sybil Attack-Resistant Cryptocurrency -- By Far
https://www.youtube.com/watch?v=bz6rFZQywOE&index=34&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC&t=264s

Channel Reminded me of  Starship Troopers - I'm Doing My Part
https://www.youtube.com/watch?v=SMTz9nIUkGc

[canth]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

Why Dash is the Most Sybil Attack-Resistant Cryptocurrency -- By Far
https://www.youtube.com/watch?v=bz6rFZQywOE&index=34&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC&t=264s

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

Anyone that has been following Dash saw this coming miles away. Go check Amanda B Johnsons Dash Detailed YouTube video's if you want an explanation
why Dash is growing at the rate it is --> https://www.youtube.com/playlist?list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC  

Growing? Who are you kidding? Prior to this pump dash has never had any transaction growth in the history since inception. It's stayed at around 2000 TRX per day for years now, which includes block rewards and MN distibutions. Does that sound like growth?

[Coinster]

There are now 7,166,498 DASH coins according to coinmarketcap.com. If the founder(s) instamined 1.5 million coins it would mean holding at least 21% of the currency supply. That's a large enough position to influence price. Of course it's impossible to know how many coins anyone has. They could have sold some (I think I saw this was claimed), bought some etc. However, if you knew you planned to market the coin heavily it would make sense to hold onto a large percentage of the coin, maybe even buy/mine more over time.

[ulhaq]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

The question is, is there a limit to the number of masternodes? If it is, that is suspicious because it means that the initial ppl have an incentive to pump up the price. We may be seeing that with the masternodes controlling the general treasury (eg, focusing on marketing instead of product). The # of masternodes should based on supply and demand, and no restriction on new entry, as it is with bitcoin mining (whose limit is only based on market factors).

If an individual or small number of people are controlling most of the masternodes, it will result in currency problems.  

[qwizzie]

Why o you call it a scam?

Because masternodes are anonymous and there's no way to prevent a Sybil attack. The behavior of the developers in the formation of the coin strongly suggests that they control the vast majority of masternodes.

Why Dash is the Most Sybil Attack-Resistant Cryptocurrency -- By Far
https://www.youtube.com/watch?v=bz6rFZQywOE&index=34&list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC&t=264s

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

Anyone that has been following Dash saw this coming miles away. Go check Amanda B Johnsons Dash Detailed YouTube video's if you want an explanation
why Dash is growing at the rate it is --> https://www.youtube.com/playlist?list=PLiFMZOlhgsYJPIiG0bjT1_SuT5h7NqPCC  

Growing? Who are you kidding? Prior to this pump dash has never had any transaction growth in the history since inception. It's stayed at around 2000 TRX per day for years now, which includes block rewards and MN distibutions. Does that sound like growth?

Dash added by BTC-e
Dash added by xBTCe
Dash added by Wall of Coins
Dash added by soft wallet providers like Myceleum, Jaxx, Coinomi, Exodus
Dash added by ATM providers like General Bytes, TigoCTM, Lamassu,
Dash getting 5 ASIC miners
Dash added by several hard wallet providers (KeepKey, Ledger Nano S, Trezor)
Dash added by Living Room of Satoshi (who dropped ETH, LTC, & DOGE by the way)
Dash created its own LocalBitcoin.com
Dash added back again by Bitfinex
Dash added as debitcard by Shakepay, Spectrocoin, Bitwala, Wirex, Uquid
Dash created its own BitPay service
Dash successfully hardforked into v12.1
Dash successfully surviving its first major DDoS attack on its masternode network
Dash accelerating its next major update named Dash Evolution, Alpha to be released in a few months (mid summer)

These are all telltale signs..
 
 

[electronicash]

dash fud isn't over yet?  
eth was fud more than usual because of whatever issues that were thrown but still the tokens created today are usually running on their platform including those token where these troll are promoting. funny because i saw myself but continue to fud still.

[Coinster]

Dash added by BTC-e
Dash added by xBTCe
Dash added by Wall of Coins
Dash added by soft wallet providers like Myceleum, Jaxx, Coinomi, Exodus
Dash added by ATM providers like General Bytes, TigoCTM, Lamassu,
Dash getting 5 ASIC miners
Dash added by several hard wallet providers (KeepKey, Ledger Nano S, Trezor)
Dash added by Living Room of Satoshi (who dropped ETH, LTC, & DOGE by the way)
Dash created its own LocalBitcoin.com
Dash added back again by Bitfinex
Dash added as debitcard by Shakepay, Spectrocoin, Bitwala, Wirex, Uquid
Dash created its own BitPay service
Dash successfully hardforked into v12.1
Dash successfully surviving its first major DDoS attack on its masternode network
Dash accelerating its next major update named Dash Evolution, Alpha to be released in a few months (mid summer)

These are all telltale signs..

@qwizzie it seems obvious you're interested in promoting DASH. I'm curious to hear your view about this coin's history. Do you think the founder(s) instamined around 1.5 million coins or not? If so, don't you think that's a bad thing for the overall market?

[dopecoindude]

Dash is the most well marketed scam I have ever seen except for the scam that is the Federal Government of the United States.

Next to Garza .

[qwizzie]

Dash added by BTC-e
Dash added by xBTCe
Dash added by Wall of Coins
Dash added by soft wallet providers like Myceleum, Jaxx, Coinomi, Exodus
Dash added by ATM providers like General Bytes, TigoCTM, Lamassu,
Dash getting 5 ASIC miners
Dash added by several hard wallet providers (KeepKey, Ledger Nano S, Trezor)
Dash added by Living Room of Satoshi (who dropped ETH, LTC, & DOGE by the way)
Dash created its own LocalBitcoin.com
Dash added back again by Bitfinex
Dash added as debitcard by Shakepay, Spectrocoin, Bitwala, Wirex, Uquid
Dash created its own BitPay service
Dash successfully hardforked into v12.1
Dash successfully surviving its first major DDoS attack on its masternode network
Dash accelerating its next major update named Dash Evolution, Alpha to be released in a few months (mid summer)

These are all telltale signs..

@qwizzie it seems obvious you're interested in promoting DASH. I'm curious to hear your view about this coin's history. Do you think the founder(s) instamined around 1.5 million coins or not? If so, don't you think that's a bad thing for the overall market?

Its a fact that Dash has an instamine history, this has never been denied. Official statements from Dash about the instamine go all the way back to 2014 but you have to realise that Dash
Founders were not the only people mining at the time and massive amounts of Dash were sold off on the markets early on as people did not see any value in it.

Here are some links that are dealing with the instamine history of Dash :

https://www.dash.org/forum/threads/the-birth-of-darkcoin.162/
https://dashpay.atlassian.net/wiki/display/OC/Dash+Instamine+Issue+Clarification

With regards to your last question :

Was The Instamine A Positive Thing For Dash?
https://dashdot.io/alpha/?page_id=118

Its really up to the individual investor to decide if Dash instamine history from more then three years ago should still play a role or not.
Dash community has long long long ago moved on.
Dash instamine history has no influence on the market whatsoever (Dash has price and marketcap increase every single year, from its first year to its current year)

[B1tUnl0ck3r]

What in the world is going on, talk about a moron fest or what. Did everyone lose there mind. Someone has to sell and someone has to buy to make the price, but it has gotten ridiculously out of hand. What the hell is going on, other than pure market manipulation?

Let me guess, those who haven't yet discovered PIVX because they only use polo

https://bitcointalk.org/index.php?topic=1262920.0