https://twitter.com/ARKblockchain/status/834841078234767360ARK guy sounds smart regardin DASH
1/ @CashAlternative as requested, I did more research on $DASH & some things still aren't adding up. Data from here:
https://chainz.cryptoid.info/dash/#!overview
2/ For one, average transaction value is extremely high. For example, data from 2/21/2017 implies avg txn value > $4K, which is 4X bitcoin
3/ I would have to imagine this is largely masternodes / miners moving around their $DASH?
4/ Such a hypothesis would jibe w/ the fact that # of transactions per day using $DASH has gone nowhere since launch. Stuck b/w 1500-2500
5/ Similarly, # of $DASH transacted/day has also gone nowhere. Again, flat pattern from launch implies 2 me this = masternode/miner activity
6/ The only thing for $DASH that has gone up is the trading volume, which jibes with a pumping price. But that only works for so long...
7/ What I look for in a #cryptocurrency, @CashAlternative, is real traction outside of speculation + open devs + wise game theoretics
8/ I'm not convinced $DASH has these, and I continue to believe that 60%+ of the float being locked up by MNs is a warped incentive model.
9/ Lastly, 4 a #cryptocurrency that = "digital+cash," aimed at presumably small, instant & private transactions, why is avg txn value = $4K?
