Is DASH still a good long term viable project? - page 5.

qwizzie

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Quote from: eaLiTy on February 25, 2019, 05:16:36 PM

Quote from: qwizzie on February 25, 2019, 04:04:17 PM

The power of Dash : its fast, its secure, its cheap with regards to transaction fees and it gets highly attractive when used in combination with a discount or promotion.

Thank you for the detailed update as i was not following the Dash development for some time and it looks like merchants in Venezuela is adopting Dash, i am not sure whether it is a one off thing or a major adoption throughout the country. The thing i am impressed with the developers is that they always keep on evolving and adding new stuffs.

Thank you for the merit (you too aleix) and the feedback.

If you really want to follow whats going on with Dash, i recommend keeping an eye on the budget proposals which are up for voting this month :

https://www.dashcentral.org/budget
https://app.dashnexus.org/proposals/active

The current bear market does limit our monthly budget (6176 Dash per month x $83 = $512.608 per month) and causes some competition among the available budget proposals

Also Dash News is a good site to keep tabs on Dash : https://dashnews.org/

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: qwizzie on February 25, 2019, 04:04:17 PM

The power of Dash : its fast, its secure, its cheap with regards to transaction fees and it gets highly attractive when used in combination with a discount or promotion.

Thank you for the detailed update as i was not following the Dash development for some time and it looks like merchants in Venezuela is adopting Dash, i am not sure whether it is a one off thing or a major adoption throughout the country. The thing i am impressed with the developers is that they always keep on evolving and adding new stuffs.

Quote from: DrBitcoin on February 23, 2019, 02:24:57 PM

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

@ qwizzie detailed about the current development in Dash, when it comes to use case they are not used in the dark web and i have not come across any site that accept Dash as a payment and i am not sure why that is, Monero is the coin used in most of the dark websites. Not sure either what made them decide to go with Monero even though Dash was created well before Monero.

qwizzie

legendary

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Church’s Chicken Venezuela Offers Special Promotion for Paying With Dash
https://dashnews.org/churchs-chicken-venezuela-offers-special-promotion-for-paying-with-dash/

Quote

Church’s Chicken Venezuela has announced a special promotion exclusively for customers paying in Dash, giving further incentive to use the country’s growing crypto-economy.

Global top-four chicken restaurant chain Church’s Chicken currently accepts Dash at 10 of their 13 Venezuelan locations. To further encourage the use of Dash as a payment option, the chain has begun a special promotion,
offering a free side of fries with any purchase of a combo meal if the customer pays with Dash. The promotion will run until the end of March.

The power of Dash : its fast, its secure, its cheap with regards to transaction fees and it gets highly attractive when used in combination with a discount or promotion.

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: BitcoinHodler on February 24, 2019, 07:02:49 AM

centralized altcoins with a shady history has never been a good choice for long term investments so i wouldn't think of it more than a short term pump and dump coin which is similar to most other altcoins and i would treat it that way. but i do it because i am only interested in guaranteeing my own success and reducing the risks of losing any of my bitcoins which i invest in altcoins. you may not be the same as me!

Dash is not centralized because of its "shady" history, the many large dumps between 2014 and 2019 actually caused widespread distribution for Dash, decentralizing the circulating supply to a certain degree.
Furthermore you can not have both a centralized altcoin and a decentralized autonomous organization (DAO) as an altcoin, its either one or the other.

Links :

https://www.youtube.com/watch?v=b_hVTRoUrjw
https://dashnews.org/dash-dao-announces-trust-protectors-election-in-march-next-step-in-dash-decentralization/

BitcoinHodler

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HODLing is an art, not just a word...

centralized altcoins with a shady history has never been a good choice for long term investments so i wouldn't think of it more than a short term pump and dump coin which is similar to most other altcoins and i would treat it that way. but i do it because i am only interested in guaranteeing my own success and reducing the risks of losing any of my bitcoins which i invest in altcoins. you may not be the same as me!

Question123

sr. member

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Dash is potential coin. But I already sold some of my Dash last year 2018 I already have some but don't worry I still believed to Dash coin. I think it will become thousands dollars the value of Dash after few many years. I hope the Developer of this coin will upgrade more the system so the glow of this coin will become shine again. We can get more money in Dash and better to have Dash coin now.

aoluain

legendary

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Dash was one of the first coins i bought back in early 2017 and is the top
POS coin. As with any project the roadmap and development of it are the
best indicators of the viability, Dash has all that.

qwizzie

legendary

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Merit: 1245

Quote from: leea-1334 on February 24, 2019, 04:09:48 AM

It still is one of the most important coins. But I think in terms of privacy coins, Monero is always the Bitcoin of them all. For me,,, I remember reading about DASH and how it was shady in the sense of developers doing somethings people were not happy with (centralized, so for a privacy coin, unacceptable).

It is for sure undervalued, remember when it was over $1k, but then, so was Ethereum!

Monero was dangerously traceable the first few years (https://www.wired.com/story/monero-privacy/), which basicly means that Dash won the privacy race ages ago.
Dash then moved on to developing additional use cases, moving away from being a privacy-centric cryptocurrency towards a cryptocurrency more focussed on
providing fast and cheap transactions, locked against double spending. As a bonus you still have the option to put privacy on your transactions.
With Dash Evolution more use cases will become available, things like decentralized apps, blockchain storage, privatesend on phones, etc.

With regards to the shady thing, well that is best explained here : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification
Its up to investors to decide if this still plays a role, the community has moved on a long time ago and devs kept things well documented and visible for newcomers through the use of pinned topic
(https://www.dash.org/forum/threads/official-dash-instamine-issue-clarification.7569/).

Also with Dash you get a lot of transparancy in the form of quarterly summary calls, which are live streamed and provide a summary of its dev team's business development, financial state,
marketing development, roadmap progress etc. Not many crypto projects dev teams have this much transparancy towards their own community.

Link : https://www.dash.org/forum/threads/dash-core-group-q4-2018-summary-call-7-february-2019.43354/

qwizzie

legendary

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Quote from: bittick on February 24, 2019, 04:12:43 AM

Quote from: DrBitcoin on February 23, 2019, 02:24:57 PM

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

The only good things from this coin is master node that still become the main feature that created the demand for this coin. I dont't see any other reason to buy this one. I heard this one gets adopted by few platforms as a payment system but that didn't give a lot of change to the price.

Bear markets pretty much nullify any price increase with regards to adoption or integrations, good thing we are slowly getting out of the current bear market.
Nice price increase over the last 24 hours as well : https://messari.io/onchainfx

Here is a Dash price chart with a longterm 1month interval on Poloniex (just disregard the volume on below chart as most of the Dash traded volume takes place on other exchanges these days) :

RSI & MACD indicate that the bottom has been reached for Dash and that hopefully a new longterm uptrend has been started (a bit too early maybe to tell on this chart, things should get more clear in a few months).

bittick

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Cryptocasino.com

Quote from: DrBitcoin on February 23, 2019, 02:24:57 PM

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

The only good things from this coin is master node that still become the main feature that created the demand for this coin. I dont't see any other reason to buy this one. I heard this one gets adopted by few platforms as a payment system but that didn't give a lot of change to the price.

leea-1334

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Temporary forum vacation

It still is one of the most important coins. But I think in terms of privacy coins, Monero is always the Bitcoin of them all. For me,,, I remember reading about DASH and how it was shady in the sense of developers doing somethings people were not happy with (centralized, so for a privacy coin, unacceptable).

It is for sure undervalued, remember when it was over $1k, but then, so was Ethereum!

slackcryptoz

sr. member

Activity: 456

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DASH is good for long term holding. DASH has grown much high in comparison to the top listed altcoins in the market. It has reached peak above $1500 which is quite good and the same makes it to be potential as ethereum. Now it is among the top 20 listed altcoins giving assurance of good return on the investment.

ethereumhunter

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I still believe DASH is one of the profitable coins for a long-term investment. Although the price is not too high than the last 2 years ago, I am sure when the time is right, DASH will getting increase again.
Besides that, I think the DASH project still running until now, but we don't see any significant update from them like the other coins, but once again, DASH will not let me get disappointed.

Peterdav

full member

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I think thats is good choice iy you want to buy some DASH. Don't be afraid to buy DASH for long term invest. Coin that is on TOP 20 Coinmarketcap it's worth for invest.

seramania

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Quote from: DrBitcoin on February 23, 2019, 02:24:57 PM

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

I see the dash of having a competent team and dash can provide potential but when the time for the dash has increased it cannot be predicted and yet the dash is still good as a purchase.

ukloon

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DASH is one of the coins with a solid history so you can have confidence that it will last a long time - as long as bitcoin. Seems to be doing well in South America so worth hodling a few for speculative purposes

qwizzie

legendary

Activity: 2548

Merit: 1245

* Dash is growing exponentially in Venezuela and Colombia : https://discoverdash.com/stats/
* Dash continues with integrations and partnerships throughout the current bear market : https://dashnews.org/
* Dash is about (within a few weeks) to activate automatic instantsend on small transactions for free : https://bitcoinexchangeguide.com/dash-instantsend-becomes-first-auto-payment-platform-in-the-crypto-industry/
* Dash will be rolling out ChainLocks with the next update (v0.14), which will make it impossible to 51% attack the Dash network : https://dashnews.org/dash-to-significantly-overhaul-security-with-chainlocks-solves-51-mining-attacks/
* Dash has created Dash Ventures, which will allow additional more risky investment streams while burning tokens to distribute "dividends" : https://cryptobriefing.com/dash-ventures-coinbase/
* Dash annual reduction in blockrewards (-7.1%) takes place in 38 days, making Dash yet again a little bit more scarce : https://stats.masternode.me/network-report/215512
* Dash currently holds 58.8% of Dash circulating supply as collateral for its masternodes, indicating a healthy interest from its longterm investors : https://stats.masternode.me/network-report/215512
* Dash Evolution (Dash Core v1.0) will be on Mainnet right after update v0.14 and it will make it far more easy to use Dash by introducing Blockchain Users, Decentralized API and Dash Drive : https://www.neptunedash.com/blog/how-dash-evolution-is-taking-dash-to-a-whole-new-level/

Dash Roadmap :

So yes, Dash is still a good long term viable project Grin

matthewio

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bitcoin is great

Dash is gaining adoption across some countries such as Venezuella (for obvious reasons-economic crises) and the number of merchants adoption is growing very rapidly.If you go by that trend,I would say it is a good buy,as with most top-rated coins at the moment.They market is likely to ease-back in the bulls in the coming months

passwordnow

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I think it is still a viable project especially if you are running a masternode with it. But if you don't run a masternode and you just hold it, you don't need to think of some problems, they are still good as they are.

You just have to trust their team, the market seems to be good again and it starts to pump again. By this means, Dash is also going with the market that is recovering right now so if you want it, hold or buy it.

Mister1k

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Quote from: DrBitcoin on February 23, 2019, 02:24:57 PM

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

Yes obviously you do not need to doubt about them. They are surving long time in the cryptocurrency market buddy. All you need to do is just be calm and keep your funds in the wallet itself for the next bull run.
Now already today price spiked little in the price chart. How it grow more in coming days.

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