Hey I-C you're posting a lot... sorry can't see what it is but did you take the oportunity and exchanged 1 DASH = 1 XMR ? Hope you did because now it's $5 spread but soon it might be $50... take care
$40+ now, almost there
And yet Dash tx growth has been
stagnant declining for 2 years, so we must conclude this price spike is merely crypto-tulip mania.
Never underestimate stupidity/greed of the Dash-clamoring masses.
We just broke 58 USD on this parabolic prive movement. Nobody knows where this will stop and start retracing and to how much.
At 58 USD, I think Dash is still undervalued and here is why :
Dash value right now is not based on its present use but on a calculated speculation of its future use. We are observing a monumental and
purely speculative value adjustment as people realise that Dash is probably one of the best candidate in case Bitcoin fails or in case Bitcoin will need to be supplemented by another network as a matter of complementarity. Investors are seduced by the prospects of Dash Evolution and I think they should be. In my opinion, investing in Dash is a smart move because Dash has a smarter organisation than Bitcoin right now. Dash offers a combination of proof of work 45% and proof of stake 45% AND proof of added value to the network 10% where the value is judged through a democratic voting process. This is so smart and if Bitcoin had this right now, it would probably already be at 10 000 USD or more. Of course bitcoin COULD reorganise in this manner, but it is
highly unlikely that this could happen. I think it is conservative to give a value of 5% of BTC to Dash even on a purely speculative basis. For this reason, I believe that Dash will be settling above 100 USD par token in the next few weeks or months and will reach much, much higher if Dash Evolution fulfils its promises and if the newly increased budgets for development, research and marketing is used intelligently.
Icebreaker, you fail to address the obvious. Yes it is a speculative mania but don't you see that it has some solid ground ?