When DASH was $2 there were better buys on the market, like ether or bitcoin, dash was a good buy when it got to about $10. Dash is not up because it has privacy, it's because master nodes are holding dash
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Not it was less than 2$ when no ETH is around. Define better buys? For me an 8x with stable volume and price is clearly a best buy. Btw I do agree with ur statement about masternode value of DASH.
you are right, when dash was $2.90, eth was about 90 cents, but very scary to buy because of the big "warning don't buy". I did buy DASH at $3 after getting some free dash, eventually sold it for eth tho. All these coins are 100% speculative, I cant hold any of them for a long time. I sold $7000 worth of ether for steem power, utility of hyper inflation and blogging rewards. I have already got back my $7000 investment and still have lots of steem power, so that was good move. Steem power forces me to hold, and that's the only way I can hold.
Craig this is very true and something that many, (if not most?), Dash speculators do not realize. Over half of the Dash market cap is "locked up" in Masternodes. Now yes, anyone can sell their 1000 Dash coins per MN, but the fact that they receive that 11% "interest" payments gives them even more incentives to not sell.