DASHBTC Major exploit detected. Shorting.
Updated
1. Non-fungible. But they will tell u it is and been lying about it for years.
2. Instamined. Daffield farmed over 2 million dash in the first minutes of coin's life.
3. Disabled instantsend because of a backdoor: if u have 6 or more masternodes u can start off the attack, spawn a fork or double spend coins. https://www.dash.org/forum/threads/temporary-disabling-of-instandsend-due-to-potential-quorum-exploit-method.16492/
4. Have a record of spamming the network with atomic dust under the pretense that they have oodles of txs. BCN have been doing that too but they have 0.00036 percent of dash cap.
Dont even capitalize the D.
Putting a short on it.
Entry: 0.08 - 0.085
Target profit: 0.027
Sl: 0.1
2. Instamined. Daffield farmed over 2 million dash in the first minutes of coin's life.
3. Disabled instantsend because of a backdoor: if u have 6 or more masternodes u can start off the attack, spawn a fork or double spend coins. https://www.dash.org/forum/threads/temporary-disabling-of-instandsend-due-to-potential-quorum-exploit-method.16492/
4. Have a record of spamming the network with atomic dust under the pretense that they have oodles of txs. BCN have been doing that too but they have 0.00036 percent of dash cap.
Dont even capitalize the D.
Putting a short on it.
Entry: 0.08 - 0.085
Target profit: 0.027
Sl: 0.1
Trade closed manually
Short closed due to inactivity in markets. This kind of news could have had more bearing on price action if it had not appeared to be a lucrative way to push sporks. Will be keeping my buys in the range of interest 0.028 - 0.03 till v12.2 unless price breaks through the arc with increasing volume.
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