Yes, well my theory about what may really be going on with this epic DashPump (outlined above) comes down to IF they can pull this off and artificially stimulate merchant adoption, giving Dashers new places to actually spend their coins, BEFORE the pumpers run out of fuel…? They MAY be able to create the illusion of success long enough to transition into actually becoming bitcoin’s replacement (assuming BTC continues to bang its head against the wall stagnating on the blocksize issue and BTC transactions keep getting slower and slower and more and more expensive, long enough to let something else take over).
IF this happens (latter part of paragraph above) it may mean that *yes*, Dash is worse technology than superior Monero, but it’s still just a little bit better, enough, than bitcoin… to take over BTC’s role for people who don’t really care about fungibility (privacy).
It doesn’t affect Monero really as XMR being real fungible private anonymous *digital cash* will take it’s rightful place in that role whether or not BTC or DASH is the non-fungible open blockchain transparent coin option. Obviously I’d personally prefer to see XMR take over the role of BOTH things but that will depend on the average man on the street starting to actually care about his privacy, and that seems to be a tall order.
ANYWAY… bottom line, for me? I want to VERY CAREFULLY WATCH AND TRACK the actual increase (possible?) of real Dash transactions… to detect if they’re pulling this off successfully or not *before* the fake PUMP will lose fuel and dump back to where it started.
If their attempt works and actual transactions start happening (I have a small suspicion this ploy may actually succeed, even given low odds) then it will make sense to re-buy back into Dash (ugh!) as my crypto portfolio needs to be properly hedged against BTC’s possible failure… even buy-in again at these inflated prices of $50 to $100 per coin — IF it turns out that the DashMaster’s ploy here will be successful. If that happens, and bitcoin dies, and Dash starts replacing real BTC transactions in actual use by normal people, well… then $500+ per Dash coin isn’t out of the question.
OTOH if their ploy fails? If actual transactions don’t start happening? Well, then this was just a failed Epic Hail Mary Pass play and the fake DashPump bubble will crash down again to ten or twenty bucks a coin and we all will be just happy to have stayed out of the fray at all.
Comments? Whatta you guys think?
And WHERE is the best place/way to monitor actual increasing Dash real world transactions IF it starts happening…?
P.S. As just one recent example I’ve seen, where I’ve become concerned that this ploy may actually have a chance to succeed my favorite bitcoin online casino site recently unveiled, wait for it, 
AND they’ve said they have plans for several other altcoin specific sites including but — here’s the thing — they’ve started already with DASH.
So, this is concerning. They did Dash first, and they did it pretty fast.
IF this kind of thing starts happening much more then, yes, maybe the DashMasters could actually have a shot at this Hail Mary Pass being successful (low odds, but still a shot…)
Published at Fri, 17 Mar 2017 20:06:32 +0000
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By btckeychain on 2013-07-31 14:56:34
