Quote:
Originally Posted by housenuts
Still don't get what's going on with DASH and still hesitant to get in on it. Convince me otherwise.
When diversifying my cryptos I felt the need for btc, eth, and an anon coin like dash or xmr just because I think there is a use for them. I picked up a very small %, like 1-2% of my portfolio in dash and xmr. Dash has blown it away. The bonus is you can lend it out for massive rates.. for a couple days I was getting 2% a day
. Right now it's about .2%/day.
Anyhow, I don't exactly know what's going on with it. Had a super small market cap so doesn't take much to move it. There's a decent chance someone has a **** ton of dirty btc they are trying to launder through it. You know the biggest problem when someone steals like 150k btc in finex hack is cashing them out. Wouldn't shipping some btc to an exhange trading for dash, then sending that dash to other account then selling that dash on various exchanges be like the perfect way to cash out?
I'm not saying this is the reason for the run, but it may be. I had also read somewhere that the Chinese were turning to it more just because of all the government crack downs. All hear say, but the price action is def doing some speaking.