Topic: [DASH] Dash Price and Trade Discussion Thread - page 10. (Read 49080 times)

Litecoin and Monero compete now !!
Growing Monero threaten LTC.




But Monero be in a bad temper for following Dash.

Dash has a decentralized budget system in place where budget proposals like these can be voted on by masternode owners and if approved can be paid directly from the blockchain
by superblocks which occur once a month. There is a treshold of 10% which a budget proposal needs to clear before it gets approved and paid out.

More detailed information about current budget proposals : http://dashvotetracker.com/

This is made possible because Dash has a two-tier system (miners & masternodes) and has its blockreward split between miners (45%), masternodes (45%) and its
decentralized budget system (10%). The superblock that occur on the blockchain once per month effectively bundles that 10% into a defined amount of Dash per month for
budget purposes (currently that is 7449 Dash per month). By the way, each year the blockrewards towards miners/masternodes/budget will diminish with -7% because Dash has a
scheduled yearly 7% cut on its blockrewards. Its next cut of 7% on blockrewards will be somewhere in Feb 2017.

With regards to why Dash should pay to get integrated on a major exchange :

Bitcoin got first mover advantage, which gave it access to pretty much all exchanges
Ethereum generates large trade volumes already, which makes it attractive for certain exchanges to add it
Monero is mostly traded on Poloniex, which should not be confused with a major exchange. Also i'm pretty sure money was used to make it a premium coin there early on.

Dash has the opportunity now to get listed on a major exchange, with possible implementation of its InstantSend technology on both incoming and outgoing transactions.
This could be huge, but it does come at certain costs.




No confirmation yet, we are all waiting for :

A : the budget proposal getting accepted, by passing the treshold of 10% & passing its 24 hrs network processing time
B : for the exchange in question to make its own announcement in time

That proposal need huge coin with insufficient anouncement.
If core team fail in marketing to fiat, they lose some credit .
Now we need a direct path to fiat.
Xmr,Eth would be added by  btc exchange site.
But Dash need marketing approach to the large exchange.
I will vote yes to pass this, but budget system sould be upgraded.
[ann dash] ddink8 posted about banking budget coin.

For new exchange site need dash broker to activate trading. If someone buy and withdraw coins, no coin to trade at the exchange site.
Then coin should be moved from poloniex. Broker would do this job.

Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?

This sounds really suspicious to me.

On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?

I'm really excited about this!  Is there any confirmation yet that DASH/EUR will be available?

https://www.dash.org/forum/threads/proposal-business-development-major-exchange.12881/
https://www.dashcentral.org/p/bsdev-general-201702

This is interesting, lets play a guessing game  here :

Which major exchange do you think it is ?
How will this effect Dash price ? (okay this one is pretty easy to answer i guess  )  

Current Dash price 0.0165888

https://cryptowat.ch/poloniex/dashbtc/4hr


Looks like smart money is already moving in...

Here is an updated 4 hour chart taken today.





This daily chart forecasts for the next 14 days approx.Couldnt get the candles where they spike to fit on the graph but we see retractment from the high where it suggests it topping out around .017 btc.

Thats predictive software giving that signal.The realtime price stops at the gold vertical broken line and then those black and white candles with the blue outline is what the software predicts the price might look like onwards from there.

This is a 4 hour chart taken today from the newbium site where the realtime price index is using a line chart and the prediction is done using the candles.The mean floating price prediction is shown using the pink line.Its a more accurate indication than the candles by the looks of things so far but hopefully it will be more accurate once it gains traction.Its still learning the charts and only using BTC-E api.Its a cleaner one with less clutter but doesnt show harmonic pattern but indicates trend clearly.

Due to coinmarketcap excluding the volume of xBTCe recentely (coinmarketcap seem to exclude any exchange that uses no trading fees/other, even volume from important chinese exchanges
like Huobi, BTCC and OKCoin gets excluded), the overal volume of Dash on coinmarketcap has been adjusted downwards to :



Personally i think this will give an inaccurate overview of the volume both of Bitcoin and altcoins in general on coinmarketcap.
  
  

Where do you have this data from ?
On polo it didn't reach 0.016 in January yet.

Price
https://cryptowat.ch/poloniex/dashbtc/4hr

Looks like Dash finally broke through the resistance and continues its new longterm upward trend

Market Depth
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

Some resistance ahead, before we can reach the 0.016 range

Number of Masternodes
http://178.254.23.111/~pub/masternode_count.png

New ATH number of active masternodes currently at 4379

Dash Available Supply


Available Dash supply currently tradeable at markets diminished again, making this coin increasingly more scarce.
Dash upcoming annual blockreward cut of -7.1% next month, could have an interesting effect on Dash available supply too.

Yeah, there is a battle going on right now. If Dash breaks through the 0.01538100, we can start thinking about the 0.016 range.

 

This a 4 hour chart from today showing a bearish signal but if you look at the prediction(white candles)it still favours a spike upwards before retractment.

https://cryptowat.ch/poloniex/dashbtc/1w


And the longterm new upward trend continues.
Two price targets to beat this year :

0.02668645
0.02800000

Will Dash break them ? stay tuned...

Thats a great link uzver, thank you.
edit : the link seems a bit unstable .. sometimes the site loads fine, other times it wont load at all. Also it appears to be a not-secured connection (http).

With regards to the feedback on my question on how to tell if an exchange is faking volume, i think this one (from all three posters) captures it the best for now :



My personal opinion about this matter : i think you can only suspect an exchange of having fake volume, if there is a case of high volume while at the same time the price itself stays largely uneffected.
This is currently not the case with Dash, we have both an increase in Dash volume and price.  

You can see this here:

http://qora.tech:9090/xbtce/

On the 4 hr chart the bollinger bands show a squeeze happening.Even though the white prediction candles show it going sideways for a while but take a look at the daily chart at the bottom where it shows a breakout(prediction starts at the vertical gold broken line on both charts) upwards followed by a tumble back to where it started.The daily chart showed a different trend yesterday with a 90% uptrend indicated but now it has fallen back to 70% for some reason.Anything less than 70% is not reliable so maybe something has changed with the sentiment to cause this.

Thank you for your reply, i posted your remarks in our Dash forum and i am currently awaiting feedback.
You can follow it here : https://www.dash.org/forum/threads/how-can-you-tell-if-an-exchange-is-faking-their-volume.12687/  

look orders on xBTCe
dsh/btc
http://imgur.com/3lXKXxc

dsh/usd
http://imgur.com/5a2PloQ

You do not see this strange?

Evidence please because it looks like real volume to me, real volume for both Bitcoin and all these altcoins.