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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 86. (Read 9723776 times)

member
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Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?

Good question! Do we have a history of DASH/BTC and DASH/USD volumes over time?
member
Activity: 121
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It won't be long now that Dash price will be higher then Monero's price, just a matter of time.

Comparing prices per coin is totally irrelevant.

(Monero is totally irrelevant too —just a giant decryption accident waiting to happen—, but that is another topic.)
member
Activity: 112
Merit: 73
DASH/USD

  • Bear trend seems over since 2020.
  • Volume seems to have increased heavily since 2020. There has definitely been very significant buy support (accumulation) throughout 2020.
  • Volume was very low end of 2019 and it seems price slid heavily on 'low volume'.
  • Looks like $40 is a very solid bottom of the bear trend and seems completely out of reach now.
  • Solid floor has potentially moved up to $60, as we haven't breached it since the covid crash took the whole crypto market down (March 2020) and only breached it for two months end of 2019.
  • It's possible that $60 is a solid floor now and may also be out of reach, but too soon to call it.
  • DASH/USD price is on the move, but it is too soon to clearly seen an uptrend. DASH/USD does seems more "stable", with a slightly positive trend building.
  • When Bitcoin breaches $20K, hopefully DASH/USD follows along and makes a move towards the $120-$140 zone.
  • The potential is there to see $100 becoming a solid floor in the coming year. It's possible that sub $100 coins will be considered dirt cheap by the end of 2021.
  • A lot will depend on the upcoming release of Dash Platform / Dashpay in 2021 to support the bullish trend. Obviously the bullish trend will be much stronger if it's promoted and received well by end users and investors.



DASH/BTC

  • Bitcoin has seen enormous investment in the past year and has basically wrecked the bitcoin ratio of almost all altcoins.
  • DASH/BTC trading around 0.005, the same level as 2014/2015. DASH/BTC's floor currently seems to be around the 0.005 level, but no clear trend and no clear sign that this level will be defended, as far as I can tell.
  • Bitcoin sentiment is megabullish and continues to push towards the $20K level. With all the prominent Bitcoiners and investment firms in full shill mode, projecting prices of $250K no less, it is a reasonable assumption that there is a significant probability that this floor will not hold. When Bitcoin makes its next push I would not be surprised to see it dip below 0.005 and continuing its decent towards 0.001 levels. Possibly hitting lower ratios than 0.001, possibly entering the 0.000x ranges, when Bitcoin's price appreciation goes exponential.
  • Unfortunately it means that there was no financial benefit buying Dash instead of Bitcoin, even when you got in reasonably early. This however applies to almost all altcoins.
  • If 0.005 breaches it will have been a sub optimal ;-) move for most investors, so it would definitely be a great confidence booster to see DASH/BTC hold 0.005. If it does, while Bitcoin rises, then we are ready for our own bullish move.
  • Question is to what extent does DASH/BTC still matter? Do people still look at the DASH/BTC chart? Do people still buy DASH primarily with Bitcoin or are the fiat pairs more important?



Any TA specialists who would like to share their opinion on both charts?
member
Activity: 264
Merit: 22

Actually DASH vs BTC is way more bullish than it was a month ago.

You mean it's only descending at a 20 degree angle rather than a 70 degree one ?

Ha! Well, ok, like most, you probably thought Dash was still in a bull market back in April 2018 too...
legendary
Activity: 2548
Merit: 1245
Quote
Why it's not all about Bitcoin

Bitcoin's current dominance level of around 62.5% in the cryptocurrency complex is staggering, and I believe there are numerous blockchain enterprise projects that likely have a lot of catching up to do.

Top Coins to Transact With

As the coronavirus crisis unfolds, digital coins continue to become more popular and prominent around the world. Governments and central banks are devaluing their currencies around the globe.
This is a key fundamental factor why digital assets can continue to take share in the decentralized global medium of exchange market.

Our Top 5 List

Zcash (ZEC-USD)
Bitcoin Cash (BCH-USD)
LiteCoin (LTC-USD)
Dash (DASH-USD)
Monero (XMR-USD)

These are our top five transactional coins of choice for the future, and market caps on these can probably go much higher. All of DASH coins in circulation account for about a total market cap of roughly $1 billion,
Zcash, about $800 million. These are not particularly big numbers in the greater scene of things.
Source : https://seekingalpha.com/article/4392760-bitcoin-this-time-really-is-different

Bitcoin price seems to be making another attempt at breaking into the $20,000 range, will it succeed this time or will another sell-off from whales and miners cause a rejection near that range once more ?
Link : https://cointelegraph.com/news/3-reasons-why-bitcoin-price-violently-rejected-near-20-000

Stay tuned...
member
Activity: 274
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And there goes toknormal's assumptions. This is not exactly the first news outlet doing a detailed market analysis on Dash that mentioned Dash survival due to both
masternodes and the treasury. toknormal will not like that  Roll Eyes

that you have dragged him to the level of pure survival, you mean?

It's like marrying Miss Universe and bragging to your friends that she cleans dishes very well.
legendary
Activity: 2548
Merit: 1245

Quote
Conclusion

Fundamentals suggest increasing and sustained on-chain activity over the past two years. While optional privacy features are not dominant on the network, these types of transactions have also increased year over year since inception.

I like that conclusion  Grin

Quote
The DASH Improvement Proctol repo has largely been inactive over the past year (bottom, chart below). DASH Core v0.15 was released in February with improvements to the native UI, mempool syncing, and PrivateSend

That is incorrect. We had v0.16 released in October 2020 --> https://www.dash.org/forum/threads/dash-core-v0-16-has-been-released.50752/ strange that bravenewcoin overlooked that.
Also Dash Github development activity for Dash should be monitored here : https://github.com/dashpay/dash/commits/develop

Unfortunetely most companies that analyse Dash Github development activity overlook that and only focus on the master tree --> https://github.com/dashpay/dash/commits/master, which gives a very incomplete picture. Also bravenewcoin seems oblivious to development on Dash Platform, that had numerous updates (5?) this year alone on Evonet and will be launched on Dash testnet end of this month.

Links :

https://www.crowdfundinsider.com/2020/09/166347-dash-dash-or-digital-cash-devs-release-new-version-to-make-it-easier-to-test-new-features/
https://cointelegraph.com/news/dash-is-evolving-into-a-decentralized-cloud-cryptocurrency

I blame above on a weakening of Dash marketing efforts. Hopefully Dash Core Group hires someone for the vacant CMO (Chief Marketing Officer) position soon. Obviously Dash Platform needs a lot
more marketing then it is currently getting and we need to focus on getting the message across that Dash development activity on Github should be tracked from the developer tree,
not just the master tree.

Quote
Unlike other coins from the class of 2014, which have largely gone extinct, DASH has likely survived due to both the Master Node and treasury components.
Master Nodes discourage a vast majority of the circulating supply to ever see the open market, and the treasury has continued to fund DASH related development
and marketing to sustain the coin over the past six years.

And there goes all of toknormal's assumptions. This is not exactly the first respectable company doing a detailed market analysis on Dash,
that mentioned Dash survival likely being connected to both its masternodes model and its decentralized treasury.

toknormal will not like that  Roll Eyes
member
Activity: 274
Merit: 10
Looks like Monero trolls are getting a bit worried about Dash turning bullish.


Bullish ?  Cheesy  Cool  Do you think your makeup or your "granny gossip" activism fixes something ? Fuck Monero and her entire genealogical tree. This is a DASH thread.

Just a fork fixes this garbage.

The DAO kidnappers are a junkie with a noose around their neck throwing their final party ... but Duffield's self-financing structure (not outrageous bonuses to parasites) is perfect ... but distorted and used as shit.

It must be decentralized and supported in good Reserves. Nothing to do with this game of chairs + phosphor game that is just a theater with an army of involved assuming their corrupt role.

Mason will be uploading his umpteenth holiday rocket to tweeter, like every $ 5 pump ... while newbies' BTCs are stolen by the handful. By the way ... also the "humble" Mnodes are being plundered in their main asset, their patrimony. What they take away from miners or microholders is also bait, like fiat pumps dazzling novices.

DASH can compete with BTC. Yes, with BTC. But just getting exposed to BTC beats Nakamoto's Cannibalism. Emissions for DAO are a tax on expansive movements ... and exposure to BTC, another to contractive ones : Crypto trap fixed and focus on work with the COLLECTIVE funds... and fuck Monero, BTC and the rest of the list!

Financial freedom and steady progressive accumulation of Wealth.
legendary
Activity: 2548
Merit: 1245
Looks like Monero trolls are getting a bit worried about Dash turning bullish. It won't be long now that Dash price will be higher then Monero's price, just a matter of time.
I hope you are not still all-in Monero, little mermaid.

Oh look, another 100 Monero users ip addresses and their porn preference leaked : https://bitcointalk.org/index.php?topic=5286887.40  Roll Eyes
Hell, Monero devs can't even protect their own official website and got their binaries infected by malicious coin-stealing malware. Bye bye reputation.

Source : https://arstechnica.com/information-technology/2019/11/official-monero-website-is-hacked-to-deliver-currency-stealing-malware/

Who was responsible for that breach i wonder ? Which Monero 'developer' got careless with his access ? Most likely someone that is no longer part of the Monero team.
Most likely a certain someone that took an advisory role.

Which reminds me, whatever happend with fluffypony's closed-off Monero serverbox investigation by specialists into that breach, ariel ? There is an eerily silence on that specific topic.
I just can't seem to get a straight answer on that (trust me, i tried).
legendary
Activity: 3444
Merit: 1061
property tax on my crypto

effective income tax because ..

LOL, you and your "anonymous" shitcoin with their "taxes" .. what a pathetic and hypocritical view Cheesy ...evan duffy dick and his side kicks was right bailing out on this shitcoin..you should too, this might be your last bull run ever  Wink
legendary
Activity: 3066
Merit: 1188

Actually DASH vs BTC is way more bullish than it was a month ago.

You mean it's only descending at a 20 degree angle rather than a 70 degree one ?
member
Activity: 264
Merit: 22


So masternodes are leeching so much capital out of the chain that we can't even perform as an adequate proxy for BTC in terms of store of value ? Heading for 2 BTC per masternode once bitcoin revalues ?



Maybe you should get out while you can?

Actually DASH vs BTC is way more bullish than it was a month ago. Of course if it doesn't hold support at about 0.0052 BTC then things could get ugly... perhaps 0.0037 BTC.

If it can hold support at 0.0052 BTC, I would expect it to break thru resistance and find new support at around 0.006 BTC perhaps as early as this weekend.


legendary
Activity: 3066
Merit: 1188


So masternodes are leeching so much capital out of the chain that we can't even perform as an adequate proxy for BTC in terms of store of value ? Heading for 2 BTC per node once bitcoin revalues ?

jr. member
Activity: 204
Merit: 1

We want less sell pressure, not more. 

With these words you confirmed that DASH is a corpse!
The team is comfortable with the stability in the cemetery
To hell with these managers!

Brokers gamblers greed, excitement and demand make the price high. But not a grave utopia ...
member
Activity: 319
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Felix Margo from Dash at AIBC Summit with Tone Vays and others

https://www.youtube.com/watch?v=IXUidlUEJHs
member
Activity: 274
Merit: 10

I think that Dash miners are currently far more in a selling mood...Masternode operators on the other hand are not in that position and have relatively low costs...They can simply save up their masternode rewards and sell them during a bull market / bull run.

We want the coin to be traded, not held.

Store of value performance comes from the effective deployment of capital, not from seeing how much of the supply you can chase back into wallets.

Lock nearly the entire supply up if you like. Then trade 1 remaining Dash for $20 and you've just crashed the marketcap by 80%.

If it is saved because it is valuable and it grows ... it does not go on the market for $ 20, that's ridiculous. Like the automatic transfer of value from mining ... and of course, your personal fiscal juggling, on the other hand, which has quite clearly explained your obsessive insistence and lack of foundation on the affair of mining ... not to call it outright trolling. . I suppose we can expect a little more intellectual honesty from now on, don't you think? Perhaps this way the debate reaches a clear destination and something productive... that neither time nor wasted resources are few.

A successful development of the project - and a good store of value is - does not create those scenarios taken with pins ... but a shortage of an attractive asset, which triggers its price and is the ideal of a project. More for a platform that would even have the resources to face an EXTREME shortage (although now unfortunately we are very far from that scenario...so , I'll keep the topic).

An effective Reserve policy has been carried out by banks for CENTURIES with Gold to face the cyclical collapses of currency and credit in the unstable and ultra-expansive fiat system. And a RIGOROUS crypto system should be a thousand times more reliable, so such a resource would support it even more solidly. Without reinventing gunpowder, but without self-promoting irrelevant gibberish or partial conveniences that do not fix anything.

If it is attended with due rigor and commitment to a collective decentraliced monetary project, of course ...
legendary
Activity: 3066
Merit: 1188

We want less sell pressure, not more.

Then make the coin worth something and stop allowing the protocol to give away half the supply for nothing.
legendary
Activity: 2548
Merit: 1245

I think that Dash miners are currently far more in a selling mood...Masternode operators on the other hand are not in that position and have relatively low costs...They can simply save up their masternode rewards and sell them during a bull market / bull run.

We want the coin to be traded, not held.

We want less sell pressure, not more. 
legendary
Activity: 3066
Merit: 1188

I think that Dash miners are currently far more in a selling mood...Masternode operators on the other hand are not in that position and have relatively low costs...They can simply save up their masternode rewards and sell them during a bull market / bull run.

We want the coin to be traded, not held.

Store of value performance comes from the effective deployment of capital, not from seeing how much of the supply you can chase back into wallets.

Lock nearly the entire supply up if you like. Then trade 1 remaining Dash for $20 and you've just crashed the marketcap by 80%.
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