Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1866. (Read 9723748 times)

I like to think that the 3k DASH that I sold yesterday were some of the ones that I've generated from my Masternodes, but really when it come to trading I have no idea what I'm doing so don't tend to do too much of it, mostly I pick a coin and stick with it, as I bought quite a lot of DASH then it's in my interest to set large bid walls to help discourage dumping &/or to buy at prices that I find attractive, maybe I should have dumped 5k more to .009 today instead of letting someone else do that, it would have made the bid wall all the harder to crack, I totally don't believe that selling those coins yesterday has effected the price today particularly but who knows.

Bingo! I mean seriously, I wish I had sold at .024 some months ago and bought back in today...who doesn't? But that's always the problem with these things--in hindsight it was just a pump. But at the time it looked like it could very well be based on the fundamentals, and that Dash might actually be "taking off" or at least moving up to a new baseline price (as had previously happened from .006 to .01).

I want to share a great track perfectly reflecting the market right know:

https://www.youtube.com/watch?v=dCe6e23yIT8    

Two words. China. (Chi...Na).

To make any money trading crypto using the type of advanced trading tools that Bitfinex has (like leveraged trading etc) - you need one or both of 2 things:

[1] - high volatility

and / or

[2] - high liquidity

Traders make large gains on tiny price movements by trading in massively liquid markets. Exchanges, likeways make money on volume. The only markets that remotely show enough volume for large traders to be interested are bitcoin and litecoin - the latter because it just sneaked its way onto the larger Chinese exchanges at the start of last year. The volumes of these two dwarf everything else - just take a look:

http://www.cryptocoincharts.info/coins/graphicalComparison

It isn't a question of the exchange's opinion of "readiness for primetime", it's simply a question of trading volume. Traders don't give a damn about the fundamentals of the coin they're trading -  it's just a trace on a chart. If it moves they make money and the more volume in that movement, the more money they can make. They could be trading wood chips for that matter.

Check the volumes for today's trading: http://coinmarketcap.com

Bitcoin: $25 million dollars
Litecoin: $2 million dollars

The next is Ethereum with a paultry 0.3 Million. That's just over 1% of bitcoin's trading volume.

Tells you all you need to know about the priorities of exchanges.

You will never know how low it will go but it's allways good to have some buy orders set realy low for flash crashes,it happend to me and i was very very happy!!

Good luck my friend!

am I the only one that thinks that DASH getting delisted from the 2nd largest BTC exchange in the world is the main reason for the price dropping? What that says to me is one of the heavyweights in crypto just told all of us that DASH Isn't ready for prime time yet. I was surprised that DASH didn't drop under .01 sooner, I set buys in the .006's.

The hidden virus in the video game torrent is only making around 300 DASH per day, the big multipools dump a lot more DASH than that each day for BTC.

look at price movements daily at look at volume,if the market is low volume and no big orders the market is dead,if suddenly there seems to be more volume and bigger buy orders for a couple days linked to any big news story then you know something is cooking,not hard at all.

Would be interesting to see when the coins for these new masternodes were obtained. Recall that the emission of coins for the launch was quite skewed and these might not be newly purchased coins starting up these nodes.

Bitcoin will be sabotaged in 2 days,have people even thought about that when the Bitcoin network will crippled and transactions going in limbo what the fear might do?people we dump there BTC like no tommorow and it will be a great moment to scoop some cheap BTC,Bitcoin will survive this attack and will come out stronger.

Those couple K of Dash can be doubled when buying back in in this situation,dumping is not allways as bad as it seems.

Right, if you know. How does one differentiate a P&D from actual rises based on fundamental dynamics? Queue the crystal ball.

According to recent posts, he's been accumulating a "warchest" of dollars for deployment in fiat markets. He made a pile on Etherium and cashed that out to $USD and now it appears he wants to top it up with some liquidated Dash.

 I don't know what the strategy is behind that though. Mayne he thinks the fiat markets are going to become more important for some reason.

If you know the price is pumping you know the price will drop after it's done,sell at the peak and wait for 70% retracement and buy back.
Buy BTC every month and safe those for the moments like this when the market is pushed down,rinse repeat,rinse repeat,rinse repeat,rince repeat,rinse repeat.Say bye bye to your boss a few years later

After reading the last few pages of this thread, I'm confused about one thing. Otoh sold from .01 to .009 and is now buying at $2. OK, that make sense...he thinks the price is going to settle a bit but is planning to buy back in.

What confuses me is that not even six months ago, he implemented his famous "moving wall" and was buying Dash well into the .014 - .015 range, if not even higher than that. Is he now turning around and selling those at a loss, or did he already sell them when the price soared to .024?

I think the troubling aspect for some (not me) is that everybody had assumed Otoh was an accumulator/holder, and he is now being revealed to be a trader, which is radically different in terms of its effects on the market. These effects are even greater considering that Dash is so thinly traded.

EXACTLY. Now is the time to buy. I'm getting ready to buy and setup another MN as the price approaches $2. Bear in mind, I have a 5 year outlook, so this is one of those investments I have to remember to forget.   (Except for maintaining my masternodes and voting on governance issues).
Otoh is a Dash ally. There should be no debate about that. The price of Dash, along with most cryptos except LTC and BTC, can be moved easily by anyone with ~100 BTC, 10k Dash, or $25k USD. That's peanuts for serious investors or early BTC/DASH adopters. Don't sweat short term price swings.The fundamentals for Dash have only gotten better, with the successful deployment of superblocks for DGBB.
Blythe Masters is dead right- it's all about the blockchain. Which one should you be backing?  

Yeah, I suppose I should be grateful. You sure sorted me out there.

Co-incidentally, I met my old english teacher this summer. She was working as a tour guide in an old Scottish castle. Maybe I should've put in a complaint.

Haha, I just call it how I see it. When I starting posting here toknormal you didnt even know the difference between their there and they're so I really wouldn't talk about grammar/vocabulary if I were you.

I see your vocabulary's come on quite a bit since you've been hanging out here. keep that up and you'll soon be able to post something you thought up all by yourself 

He is your friend,he lets you buy cheap coins you idiot!

i dont care if the price go down and my BTC value drops,i can buy more for less.
Be greedy when others are fearfull and fearfull when others are greedy.

Well, worry if you are a dumb child that downloaded a pirated copy of a game you probably aren't old enough to be playing in the first place and you downloaded said game because your mom and dad won't buy it for you since you're 12 years old.

You sound like a smart guy, but I really don't understand why you'd even consider taking investment advice from a known shill like toknormal (not to mention fellow windbags Ghostplayer and Minotaur26)

These guys have recommended buying at the following prices:

0.02
0.018
0.015
0.012
0.01

Seeing a pattern here? Keep taking advice from shills, see how that works out for you. While you're at it, keep listening to Otoh, who says he believes in the coin but dumps the crap out it from 0.01 to 0.009.. LOL. Otoh is not your friend.