Uptrend still continuing?
The difference between daytrading Dash and a normal currency is:
NORMAL CURRENCY
[1] - Spike
[2] - You Sell
[3] - Everyone Sells
[4] - Price drops with plenty liquidity at lower levels
[5] - Buyback lower with increased holdings or take a BTC realised gain
DASH
[1] - Spike
[2] - You Sell
[3] - The guy you sold to says "thanks very much I really wanted that masternode"
[4] - Price drops a bit but the liquidity doesn't come back
[5] - Ouch. Hope you enjoy your BTC gain. Goodbye
That's the principle. The practice is that they don't even need to buy a full masternode any more - it can go to reserve whatever the amount using
these services Another great point is that this is the highest price (in USD) that we've seen since June/July 2014 (on the downslope of the huge pump), but we're not seeing any real decrease in the masternode count...still at 3609 near an all time high. Nobody is cashing out even at these prices...and those who are cashing out are being met by those who are buying in and setting up MNs.
The fact that:
a) Not many are cashing out MNs
OR IF THEY ARE:
b) Others are buying and setting up MNs
...means that the buyers coming in aren't speculators, yes? Why bother to enter the "reserve market" if they are going to liquidate in a day, week, or month?
