Dash Bloodbath (Lock MN collateral blockchain-wide, spend more budget funds on dev)
- Thread starter Anonymous Dude
- Start date
dash price dropped by almost 50% from the top , while this doesnt create issues for people who joined last year
it creates major pyschological problems for newbies
do you think the people with major holdings can do some sort of price stabilisation that can potentially help smooth the volatility ?
it creates major pyschological problems for newbies
do you think the people with major holdings can do some sort of price stabilisation that can potentially help smooth the volatility ?
It's a free market in effect. You can't really do much about it unless you have a few million USD laying around.
Cryptos are still volatile, so this is normal and some correction was expected after the last price hike.
This is actually a good time to invest in Dash. I'm always amazed at people that whine about not buying when the price was low, and then when the price actually falls, they run away scared, only to whine again when it goes up.
Cryptos are still volatile, so this is normal and some correction was expected after the last price hike.
This is actually a good time to invest in Dash. I'm always amazed at people that whine about not buying when the price was low, and then when the price actually falls, they run away scared, only to whine again when it goes up.
i guess , the big whales should probably do what the central banks ( as much as you hate them) do , ie sell when the price shoots up and buy when it falls in effect reduce the volatility
too much volatility is definitely a bad thing as you all know
too much volatility is definitely a bad thing as you all know
say that again "what the central banks do " ....
... think about it - aren't we here to be exactly not directed and trapped by them or any centralized entityread up on austrian economics
in the long term yes , it can be purely market driven , but right now this sort of volatility is absoulelty heart breaking ,
the price dropped by 50% in just 2 weeks , a whole bunch of folks would never touch dash again
if the big whales stepped in and provided stability , would be slightly better imo
the price dropped by 50% in just 2 weeks , a whole bunch of folks would never touch dash again
if the big whales stepped in and provided stability , would be slightly better imo
yes and the 2 weeks before it went up x % - so the "whales" should have stopped the rise then ? come on - this is an open market - traders trade and that is where (for now) a lot of the value is coming from
1 yer ago we had the opposite discussion where people wanted less masternodes as they were worries the MNs do not leave enough volume for traders
u gotta let it play out - nobody has ever tried anything like this - the idea is that the network runs free and independent ...
The idea that people think the price volatility is something people aren't aware of kinda shocks me.. I bought before the crash and I'm 100% ok with that. I expected it would drop (obviously no idea how much or when), but i bought anyways looking to the FUTURE not to the next few days/weeks. I may be in the minority here but the price drop doesn't bother me at all
Speaking of selling MN shares, there were around 1,000 plus DASH on sale at fixed price of $71 on Polo between 0200 and 0500 today. After all sold price dropped to around $67. Not sure how often 1,000+ DASH at a fixed price are sold off on exchanges? Not saying it means anything, just made me think of this post.