Topic: DASH is fully controlled by the bears. (Read 409 times)
Not only DASH was dumped hard but all altcoin has been going down to 80% to 90%. Because the trend of market is down trend and crash. I think the crypto market crash because many investor and trader found others investment that more promising and more profitable than crypto, so they quit from crypto.
I think not only dash coin, most of the altcoin is control by the bears because it is a common fact to invest. If you follow when any kind of token invest is increasing at that time price is a pump and when people start to sole then the price is going to dump. So any institute of any community can’t control cryptocurrency. It is only controlled by people.
Dash was affected in this downtrend market but it was not the only coin affected. Virtually all the coins have lost significant value from their all time high prices. The market has reduced as well and this caused the prices of all coins to plummet.
Interestingly, what happened to Dash in April bearish market is happening again. I'm yet to see cryptocurrency that is bearish resistant in cryptocurrency space. I am wondering what kind of also algorithm that can make this happen?
DASH is not dependent on bears but is influenced by below factors :
* High Dash Project Costs : Many Dash projects need to raise capital to make small projects stand out from the risk of sinking. It also makes the creator of the idea easy to lose if capital can not pass.
* Many projects in suspension : There are projects or feasible proposals that are approved but not done or "hanging" indefinitely.
* Market studies are few. Weaknesses that are vulnerable to hacker attacks can not be overcome
* Core Wallet has limited technical staff, few people and experience is poor. Therefore, there are no technical solutions to help Dash effective.
* High Dash Project Costs : Many Dash projects need to raise capital to make small projects stand out from the risk of sinking. It also makes the creator of the idea easy to lose if capital can not pass.
* Many projects in suspension : There are projects or feasible proposals that are approved but not done or "hanging" indefinitely.
* Market studies are few. Weaknesses that are vulnerable to hacker attacks can not be overcome
* Core Wallet has limited technical staff, few people and experience is poor. Therefore, there are no technical solutions to help Dash effective.
The bears has dominated the market and I think dash is not exempted. I have see Dash as one of the most strongest and best altcoins based on the way it performed last year and I am very happy in taking advantage of investing in it. Though I sell all in December and I am hoping of investing now.
oh really, so you want to say some people has many dash and can manipulate the price, i think dash is decentralized, hmm if like that, he same with eos, some people say eos is controller by the DEV.
well i think bears control many coin not just dash. so nothing serious here
If a digital currency is decentralized, it means that there is no authority which can control its progress or no one can wipe its existent out of this world. However, the price of any asset depends on the amount invested in it. The number of supporters decide market value. This is the reason why whenever bitcoin is sold out, its value decreases tremendously. well i think bears control many coin not just dash. so nothing serious here
oh really, so you want to say some people has many dash and can manipulate the price, i think dash is decentralized, hmm if like that, he same with eos, some people say eos is controller by the DEV.
well i think bears control many coin not just dash. so nothing serious here
well i think bears control many coin not just dash. so nothing serious here
Not only DASH go down its price but also the other coins go down a pathetic way. Again, traders and hodlers have been drawn into the frenzy of FUD and are selling off electronic money. I feel unhappy with what is going on.
Well I don’t know what this dash coin is, but it seems it is bitcoin. Because we all know only bitcoin is the independent coin in crypto work right now. All other coins are dependent on bitcoin. Whenever prices of bitcoin increase, it affects good or bad to all other altcoin. But still if I am not getting this right, I request you to become a little bit clear to good understanding level. 
Not only DASH go down its price but also the other coins go down a pathetic way. Again, traders and hodlers have been drawn into the frenzy of FUD and are selling off electronic money. I feel unhappy with what is going on.
I think DASH is no exception. Look what happened with Verge or Cardano.
DASH is fully controlled by the bears.
https://app.icex.ch/en/feed/technical-analysis/3307-dash-is-fully-controlled-by-the-bears (graph)
Since our last review on DASH, its price has passed half of the predicted path from $ 400 to $ 200. And it seems that the second half will also be passed. And apparently, already in the upcoming week.
The market is under the full control of bears:
- trend indicators in sale on both the daily and weekly scales;
- corrective movements upward are weak, they are also on falling volumes and are interrupted by new waves of sales, so the upward movement don’t get a sustained development;
- instead of corrections, we see more consolidations: flat movements near the reached minimums.
The decline reached the prices of September-October 2017 period, the area of market concentration before the November take-off. By wave analysis, this may be the ultimate goal of the decline before a new big wave of growth. However, there are no technical signs of a reversal and even no signs of a stop of the fall
Perhaps these signs will appear when the rate reaches the support level above $ 200.
Time will show.
Profitable deals and follow our reviews!
https://app.icex.ch/en/feed/technical-analysis/3307-dash-is-fully-controlled-by-the-bears (graph)
Since our last review on DASH, its price has passed half of the predicted path from $ 400 to $ 200. And it seems that the second half will also be passed. And apparently, already in the upcoming week.
The market is under the full control of bears:
- trend indicators in sale on both the daily and weekly scales;
- corrective movements upward are weak, they are also on falling volumes and are interrupted by new waves of sales, so the upward movement don’t get a sustained development;
- instead of corrections, we see more consolidations: flat movements near the reached minimums.
The decline reached the prices of September-October 2017 period, the area of market concentration before the November take-off. By wave analysis, this may be the ultimate goal of the decline before a new big wave of growth. However, there are no technical signs of a reversal and even no signs of a stop of the fall
Perhaps these signs will appear when the rate reaches the support level above $ 200.
Time will show.
Profitable deals and follow our reviews!
Probably, but I know that it will go back after those bears will be tired and everything will be back again when Bulls goes to town and will immediately encourage others to join the ride.
dash is the best coin is crypto world I invest big bag dash I think now is the low price in the dash and i hope next year
Dash is one if my favourite coin and bear is riding it very hard at this point. For those of us following dash, this is the best price we have seen in long time. I will make sure I buy some dash.
Dash is one of the most hyped coins this is maybe why bears easily control it, dash is also very centralized coin compared to others.
Yeah the hype might be why it's going nowhere right now. Such a overdose of hype can be stunning for longer than expected!
A similar thing happened with the legal marijuana stocks in Canada. Shot off like a Roman Candle and then crashed back down and consolidated for months... waiting, and waiting. This is the time to buy usually, when you think it's hit a floor. Especially if you believe it to have a competitive value over the others.
Or, it could have just been one of those fads that got left behind after everyone realized there was greener grass somewhere else.
it will all come down to usages.
if you think there is any possibility of remote usage for a centralized coin with a dirty history of shady activities then of course go ahead and invest in it while you think it is "consolidating".
but the reality in my opinion is very simple. a pumped coin got dumped. just like that and it will not go up until it is done dumping and gets ready for another pump.
Yeah you're right exactly. The speculative ones just get pumped and dumped because there's great money to be made on pumping fake value into something. But the ones with intrinsic value, with an actual applicable use, those are the ones that will get back on their feet and gain real value.
I don't know much about dash myself, but it's not something I would put my money into at this point. It doesn't seem like it is actually useful for anything. There could be some scalping opportunities but the risk is too high.
Dash is one of the most hyped coins this is maybe why bears easily control it, dash is also very centralized coin compared to others.
Yeah the hype might be why it's going nowhere right now. Such a overdose of hype can be stunning for longer than expected!
A similar thing happened with the legal marijuana stocks in Canada. Shot off like a Roman Candle and then crashed back down and consolidated for months... waiting, and waiting. This is the time to buy usually, when you think it's hit a floor. Especially if you believe it to have a competitive value over the others.
Or, it could have just been one of those fads that got left behind after everyone realized there was greener grass somewhere else.
it will all come down to usages.
if you think there is any possibility of remote usage for a centralized coin with a dirty history of shady activities then of course go ahead and invest in it while you think it is "consolidating".
but the reality in my opinion is very simple. a pumped coin got dumped. just like that and it will not go up until it is done dumping and gets ready for another pump.
dash very high coin, I store big bag is dash coin I think next year best value is coin
That is not great because if the wealthy person controls the dash then
they have a access in all prices and they can easily incurred income and that income will not distributed in all investors of the company.
they have a access in all prices and they can easily incurred income and that income will not distributed in all investors of the company.
Dash is one of the most hyped coins this is maybe why bears easily control it, dash is also very centralized coin compared to others.
Yeah the hype might be why it's going nowhere right now. Such a overdose of hype can be stunning for longer than expected!
A similar thing happened with the legal marijuana stocks in Canada. Shot off like a Roman Candle and then crashed back down and consolidated for months... waiting, and waiting. This is the time to buy usually, when you think it's hit a floor. Especially if you believe it to have a competitive value over the others.
Or, it could have just been one of those fads that got left behind after everyone realized there was greener grass somewhere else.
Quote
Dash is one of the most hyped coins this is maybe why bears easily control it, dash is also very centralized coin compared to others.
Not only Dash is super centralized. Running a masternode with it is only for medium/big investors, the average Joe can not participate in the network. Jump to: