One thing I'd like to point out, earlier this summer, our 24 hr volume seldom went over $200,000, then it popped up to $400,000 and now we're steadily averaging $1,000,000. It's probably more than a 400% increase.
It's always heartbreaking to see the Dash price drop (unless you have cash to invest). But cryptocoin traders are incredibly flaky, just trying to make a quick buck and who knows what drives them, it's certainly not fundamentals, talent, or any sort of research.
So if they all dump Dash for something else, they know they can drive the market up somewhere where people are talking, cash out, then buy Dash back and make a profit (if they're lucky enough to be in the first half of the dump pump group), that's what they'll do.
I used to really get upset seeing the price of Dash drop like a rock. Even now, I talked my daughters into investing in a MN, and they bought around $12.10. The only thing I'm nervous about is that my husband will look at the price
But I know around January - March they'll be well into the green. When Evolution comes out, it'll be amazing - and we have no competition. So what can I say? Why is Dash being Dumped? Because those that aren't holding in a MN are usually traders, or people freaking out and afraid to hold on the way down.
And to be sure, we did start this all off with a few community members who got angry and dumped their lot, which was significant. They felt their ideas were not being heard. I like their ideas myself, and I wish they hadn't thrown in the towel, but they got too angry. This is normal growing pains. Early adopters clash with each other and have fall-outs in open source projects. I'm hoping they'll come back, of course, because they were all do-ers and I like them - especially for that.
And this is just the beginning. Other people will become angry and feel marginalized and quit while yet others will join in. That's how it goes, unfortunately. Every Open Source project ever created had it's drama, just look at Bitcoin, etc... So personally - knowing we have a strong team who are actually be paid by Dash (no 3rd party with ulterior motives) I know Dash will always move forward in the main direction we all wanted.
