The bigger the price the more masternode owners will likely cash out?
or
The bigger the price the more people will be buying dash to set up a masternode to get a passive income?
It's cyclic.
Price rise --> Eventual cashout --> Node count goes down --> Price declines due to expanded currency supply --> Purchases --> Nodecount goes back up --> price stabilises --> Start again
But, each round trip of that circuit pushes the 'floor' to a higher level. We can see that from
this graph which continues to climb despite many market cycles in price. It see-saw's its way up both in nodecount and valuation in this cyclical manner.
There's another 'stabilising' factor to the recipie: As the nodecount rises, the return per node (measured in Dash) declines, so less incentive to hold nodes. But then one of those cycles is triggered, base price rises, nodecount goes back, ending up with the same return (in Dash) but a higher return (in Dollars).
Thats what makes the model sustainable - the complimentary interaction between
these two markets so that an increasing dollar return compensates for a decreasing Dash return on each node as the node population increases.
