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What or who decides the value of dash

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You know right, it's currently almost below $50.

Dash is currently at 76. It went from below 50 to 76 in 2 weeks. Most of that jump is due to the "kraken" news. Being able to buy dash using fiat is a huge plus, and kraken is one of the biggest exchanges in crypto. In my opinion, dash is only going to go higher from here.
 
What forces can cause dash to go up or down in value?

The spies and the stupids.
Who else?
Spies are spreading FUD , claiming that millions of spam proposals will occur in case the governance questions will become cheap. Spies have been instructed by their employers to destroy the DASH governance system, at all costs. And the easiest way to destroy the governance system of DASH is to make the governance questions too expensive. This is one of the reasons why DASH's dollar price increases. The employers of the spies tremble with fear when they realize that a cryptocoin will occur that will have effective governance, so they want to control it and intercept it, so they buy in order to gain voting rights and vote against whatever proposal is towards the effective governance goal.
 
Dash is currently at 76. It went from below 50 to 76 in 2 weeks. Most of that jump is due to the "kraken" news. Being able to buy dash using fiat is a huge plus, and kraken is one of the biggest exchanges in crypto. In my opinion, dash is only going to go higher from here.

Price doubled again. May never see these prices again.
 
People buy rumors and sell news. Since dash can't be valued like other financial assets they are subject to market forces, speculation, and many other factors.
 
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