Topic: DASH Collapsing Monero UP - page 3. (Read 40405 times)

https://www.investing.com/crypto/dash/dash-xmr

Inevitable.

Only DASH that is used in Venezuela is the one they wash their laundry with. It seemed to me that was wide known. No need for silly articles about it. 

Its funny to see the "news" coming from a failing centralized (high level of "masternode" control from instamine beneficiaries) blockchain whose only innovation is cutting/pasting features from Bitcoin (PrivateSend from CoinJoin, Chainlocks from Checkpoints etc, etc) and rebranding them

https://www.coindesk.com/despite-ceo-claims-dash-isnt-really-the-most-used-crypto-in-venezuela

The inevitable death is nearing. Hopefully sooner rather than later.

current DASH/XMR ratio is 1.16 and falling

You gotta give it credit though, its a slow, albeit inevitable death.

Today Dash is being treated like the shitcoin that it is. 




But this is only an extension of a very long trend for Dash collapsing vs Monero.

xpost:

And It Was Written





As predicted, Dash continue to bleed out under the incompetent reign of Ryan Taylor and his for-profit Dash Corp Group Inc entity.

Sad to see the DashHoles so angry they are lashing out at the critics who warned them this would happen, but were ignored or called "trolls" as thanks for their insights.

Dash 

6 days later, we find the old support at 1.8 is the new resistance:




Looking at the daily candle, we find a beautiful "Long Upper Shadow" red hammer, poised to smash Dash down to new lows vs Monero:




Where is Dash's roadmap?  Where is the supposed ETA for the ETA for the roadmap update that was supposed to announced by the end of June?

Where is Evan Duffield?  Has be abandoned Dash entirely?

If nobody fills Evan's thought leadership role, Dash will continue to crash vs coins like Monero, which are run by real cypherpunks who actually write and ship working code.

Firing Chuck Williams is a good sign Dash Inc is going to stop the endless bike-shedding of Evolution's UI, but it's not enough to stop the downward trend.  More heads need to roll, starting at the top with Ryan Taylor.

Actually I've made higher percentage profits on Dash than any other coin. How's that "collapse" working out for you? 

I don't understand the point of your crusade. Monero has completely fallen to the wayside compared to Dash.

And this comment will be deleted in 3... 2... 1...

As was foretold, so shall it be:

40+ masternodes being liquidated via shapeshift
https://www.reddit.com/r/DashUncensored/comments/8rvw8q/40_masternodes_being_liquidated_via_shapeshift/



Anyone so foolish as to be long Dash has gotten their teeth broken.  Don't listen to pumper shills like qwizzie.  Look at the terrible fundamentals of Dash, then divest and short accordingly.

There is only so much support for Dash at 1.8.  When those bids are gone, it's a free fall down to zero.

These token is always compete each other from 2014 and always giving their community good return. Both coin also have a good developer anf good community behind them. I dont think these coin going to die. Both is good coin and for everyone who want to invest. Put you money on both coin not only one of them.

Update:

With the release of Bitcoin Core v16, Dash is now 4 major releases behind the state-of-the-art market leader in cryptocurrency.  Dash will never be able to catch up with Bitcoin Core, much less surpass them.  That's what happens when a project prioritizes marketing over technology.

Dash's tx fees are 7x higher than BCash's.  So Dash also failed in its goal to live up to the 'digital cash' branding it spent a ton of money and time promoting to uninterested nocoiners.

That's why Amanda quit her increasingly futile job as a Dash PaidShill InfoBabe, after waiting several years for some kind of concrete progress in Evolution development but only having her hopes and dreams dashed over and over again.

Now we see Dash testing critical YTD support levels at 2:1 XMR.  Once that psychologically important round number floor is breached, expect the stampede of Masternode owners rushing for the exists to get very ugly and bloody.

Update:

Dash fees are 5 times higher than Bitcoin's (50 cents to $1 vs 10 to 20 cents).

Still no Evolution whitepaper.  Still no accurate Dash roadmap.  Evolution is now at least 1 year 2 years behind its original schedule.  Still no segwit on Dash, thus zero chance of Lightning.

Even worse for Dash is that Amanda B Johnson has quit her paidshill role and pivoting to focusing on the wider world of non-instamined crypto.

That's why Dash's long term resistance vs XMR is collapsing to new multi-year lows:


Dash

Update:

Still no Evolution whitepaper.  Still no accurate Dash roadmap.  Evolution is now at least 1 year behind its original schedule.  Still no segwit on Dash, thus zero chance of Lightning.

Due to stunning incompetence and overall neglect, Dash block times have only now been discovered to be 2.625 mintues rather than the 2.5 minutes advertised.  DashHoles have no idea why.

The market is punishing Dash for funding multiple ATM/debit scams, stupid shit like Acrobatics Man and rain panchos, and incompetent devs who can't publish more than one DIP every two years.

Monero is starting to fire on all cylinders.  Multisig and fee-reducing range proofs are now on testnet.  Mobile wallets are popping up everywhere and marketplace adoption is increasing.

Here is the result; expect Dash's downward trend to continue and accelerate as it has now broken through the long-term support at 2.4 XMR/DASH.



#REKT

Dash 

Look at the posts on this page.  Do you see the trend, where Dash keeps falling to new lows against Monero?

Where is the Evolution whitepaper?  Where is Dash's segwit roadmap?  Are DashHoles really stupid enough to believe their vaporware is better than Lightning on Litecoin?

It's adorable to watch the Evan's Gate cult get worked up over their horribly slow 2.5 minute blocks while Monero has 2 min blocks, not to mention that ETC and DGB have 15 second blocks.   

Ok let me tell ya what I think is going to happen.

Let imagine this scenario, that DASH goes to 1k USD, or 1DASH == 1BTC (or whatever stupid price) and instamine was not scam, but a fair distribution.

What do you think masternode owners will do ?
I think they will liquidate their assets, because they as sure as hell won't see this price once more and will be able to buy it back anyway after crash and will try to grab whatever they still can, before others will do the same. (And if you are a millionaire, You are not going to care and risk taking 1M$ or 1.5M$ later when you can lose it all / be left with 1k$ or something silly like that.)

But after crush it will be a horror for those people who bought for such high amounts investing in something that is not even complete half way through.

We can open up a salt factory right now.


Ok lets assume now a scam scenario:

What sharks are going to buy / exchange for this DASH scam coins ? You guessed it -> BTC / ETH / XMR -> that is why all crypto are going UP right now.

Some big sharks are dumping it for even shitty altcoins, that is how worthless it is. All alts are going UP exactly because of that to hide this dump operation between many assets.

Mark my words, and be careful. (Enjoy the ride, but remember when the real dump comes you won't be able to enter/exit your trade, that is how fast is going to happen - And read YOUR EXCHANGE terms of use, because your stop loss orders might not activate !, and no one is going to refund you shit for that)


Result ? The same. (My bet is: If something is to beautiful to be true, IT IS VERY LIKELY NOT as it seems to be)
At the end we all will be disappointed and all altcoin scene undermined for a few months / weeks.

Remember when I told the DashHoles their market cap would flow into XMR at ever accelerating rates, but they preferred to recite Cargo Cult doctrine rather than listen to facts and logic?   






 

As I predicted, Dash's decline continues as Litecoin activates segwit & Lightning.

Death cross for Dash, made and now confirmed under heavy volume:



The market is rejecting the instamined "snake oil" scamcoin.

Good night DigitaltrASH.