Guy_wonderful bets on Dash
as first coin to reach bitcoin capitalization.Active trades:Super short term: target 424 BUY PRICE 281.90
STOP 259 #29Short term: target 540 (Oct.17)
#29Mid term: target 3300 (??feb 2018??)
Long term: 4000-8000 (3Q 2018 - 2Q 2019)
#1when post was made price for dash was USD 180.27
SIMPLE FX as a price reference.
will happen in 16-24 months.
You give a prediction buy you give no reason for the prediction to come true, why people are going to begin to use DASH so much that is going to reach a parity with bitcoin, is the price of bitcoin going to go down or DASH is going to skyrocket?
So, lets try now. DASH? What's dash? There was a bitcoin once. It was a very revolutionary technology. No fees, instant transactions. Great.
Now technology have a lot of challenges, including high fees (yes it's high already in terms of crypto world) , for same reason transactions takes so long time. Dash seems fixes not just those but all other future problems. Makes it's a good candidate who at the end, could become an Ideal digital currency.
Why not ETH or RIPPLE or other. They are too messy, includes a lot of extra stuff in it. Making them not just difficult to understand but they becomes "something else" too, currency must stay as a currency, not a movement nor religion nor something else. Simple, easy to use and easy to explain on how to.
Besides all challenges bitcoin has - current, and those it will fight in the future has it's biggest bonus - recognizable brand. Every new player who enters at crypto market does that across bitcoin. And just part gets to another altcoin and even less moves to dash.
But when Dash reaches parity to bitcoin, and begins fight for biggest part of the market. How not to loose recognizable brand and assets which was build in it in a period of time?
Crypto community will just swap the names between those two.Note that name for Dash was changed couple of times already, it's would't be any news for those dash part of community. But for bitcoin part of community it's would'be a move how not to loose the brand and those assets laid in it.
That's not just a speculation. And there is not something we can do about it.
From the point where other crypto reached parity to bitcoin, it's just a matter of time to bitcoin itself, before it's gonna be completely forgotten.
For that "alternative top crypto" it's also makes harder go on it's own, without bitcoin brand. Actually will push whole crypto community for year or two back, together with biggest price fall and amid criticism from gov's and other institutions from around the globe! That's said, it will take a time before new crypto brand would be recognized.
Let's watch dash for another couple of month, when it will reach second or third place by a cap.
A movement will find a place which will declare such ideas of name swapping.