Is it worth to invest in Dash coin? | Bitcointalksearch.org

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: hirngespenst on February 01, 2020, 09:56:11 AM

No, I can't see any possibility in DASH to be a 1100$ worthy coin! 5000$? Just impossible. DASH is an old reputed coin, this coin has a different fan base! If the market goes up, then every potential top coin like Dash price will go up too! I don't see any speciality in DASH that can boost it to 1100$ in the next 11 months!

Never say never, this is cryptocurrency where sometimes the impossible becomes possible, during 2017 we al saw the performance of dash just like most other coins during that period, if dash can touch that price back then am sure with the next bull run dash will touch another ath,
Btc is old and still making waves, dash is old but still has the potential just like before, between the price of dash is very fair for those who wants to maintain a source of passive income generation, the price is low to buy enough dash to stake, go to Masternodes.pro and see breakdown then you can see specialty in dash.

bering

legendary

Activity: 2758

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

I know Dash has been change to one of the hotest altcoin in this year because since last month the price can increase rapidly over than 50% and still possible to get higher price than now but don't mean during this year Dash will always be dominated by bull run so $1000 by the end of year is too much for me but it's not wrong if we do short term trading for Dash because seems it's look profitable

mdzahed134

sr. member

Activity: 2128

Merit: 259

Vave.com - Crypto Casino

It seems to have been read this article so unrealistic promises i think. If DASH will reach 1100$ end of 2020 it’s almost x10.
I don’t think it will happen end of the year. This is too much higher expectation, if last 20 days dash huge growing. For the long term investment not a bad. Dash node is very popular and many investors creating account here for investment purposes.

qwizzie

legendary

Activity: 2548

Merit: 1245

A large factor with sudden price spikes and sudden price dumps has to do with the circulating supply and the liquidity of a cryptocurrency in the crypto market.
When the circulating supply is low and the liquidity on exchanges is also low, the price tends to jump very high during bull markets and fall very low during bear markets

Dash circulating supply according coinmarketcap is : 9.3 million Dash
Dash combined masternode collateral (not circulating supply) is : 4.6 million Dash
Dash actual free circulating supply, due to Dash masternodes model is therefore : 4.7 million Dash

There is really not much needed to move the price of a cryptocurrency like Dash, which only has a few million Dash in actual free circulation on markets / exchanges.
Always keep that in mind when you think about Dash.

Quote

The Internet is programmable information. The blockchain is programmable scarcity.
- Balaji Srinivasan

hirngespenst

full member

Activity: 812

Merit: 114

No, I can't see any possibility in DASH to be a 1100$ worthy coin! 5000$? Just impossible. DASH is an old reputed coin, this coin has a different fan base! If the market goes up, then every potential top coin like Dash price will go up too! I don't see any speciality in DASH that can boost it to 1100$ in the next 11 months!

Gheka

hero member

Activity: 1344

Merit: 501

Vave.com - Crypto Casino

Quote from: rizkyalhabsy on January 30, 2020, 01:43:20 PM

actually did not rule out the possibility also to $ 1100 because it had recorded touching $ 1400, but for this year it was very heavy it seems far to go to $ 1100 because the market is uncertain.
not worth it to invest. just my opinion

I also accept that Dash coin is not worth the investment when looking at what it shows because so many years have passed, it has tended to be similar to the members of its era, a significant reduction compared to the glorious past, we have even thought about many opportunities, trying to give Dashcoin opportunities but disappointment is what gets more. Therefore, regardless of the outstanding reflections in the past and high predictions without the basis of many people, Dash can't prove that it's good enough, too many other altcoins are proving better than it

Rosilito

sr. member

Activity: 658

Merit: 274

Wish for the rain? Then deal with the mud too.

$1,100? That's far enough, I wonder what would be the price of bitcoin itself for dash to reach that price though. Well, dash had a good one month run having a $40 last January 3, upto now having $114 this time I am posting this, having a +185.08% of increase. But the thing is how long it will last? Though dash is at some point dependent on bitcoin's movement, we can on the other hand conclude that, once bitcoin market start to soar, it will set dash price on a high standard. Based on the past, bullrun starts to happen after a year when halving started. Thus, may be this $1,100 speculation might be able to see somewhere in 2021, imo.

shoreno

full member

Activity: 1750

Merit: 118

dash is one those good ol coins but i cant seem to see dash present on other platforms .

dash hyped are also faded a long time ago but being one of the top coins means the coin still have the potential to climb those amount stated on the op . knowing that dash already have a good price point . it isnt questionable already if dash is a good coin to invest or not because obviously it is but ofc there are much better alternatives than this one .

thisnewcoin

full member

Activity: 406

Merit: 104

Convert Crypto at BestChange

Of course, DASH is a worthy coin for investment. This year my bet on DASH and Monero from all of the privacy coins. Though 1100$ seems quite high for DASH, my prediction is 450-500 USD in future. If bitcoin price sets a new high, then 400$ is very possible for DASH. This coin is a gem no doubt, so, of course, it is worthy to invest.

stomachgrowls

hero member

Activity: 2856

Merit: 769

Quote from: Prateek_sharma on January 28, 2020, 08:40:46 AM

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

No one knows!

If you can risk out your money on putting some on DASH then its your choice.Its really hard to conclude things up even if we do talk about BTC.

Nothing is certain in talks of future but somehow i do have some positive impressions towards Dash compared any other alts in the market.
Actually im holding some of it but not totally focus on accumulating that much.

My choice or focus is always on BTC though.

Myleschetty

member

Activity: 1155

Merit: 77

My belief and understanding, every long-existing decentralized cryptocurrency that still maintain to be among top 100 coins on capital market worth to invest in but we're in bitcoin season now and the best coin to invest in now is bitcoin.

princecharles

copper member

Activity: 210

Merit: 1

Quote from: Prateek_sharma on January 28, 2020, 08:40:46 AM

DASH is predicted to be close to $1100 by the end of 2020. Predicting a long-term future for Dash coin, the price may reach $5000 in the next five years.
Several crypto experts assume that the dash coin price will rise high in the upcoming months.

What's your take on this?

Firstly, it's wise to invest on dash coin. The dash coin has formerly traded in very high prices and it was more pronounced during the bull run of 2017. This simply shows that the project is unique and has the potential to increase massively in its value. Its a good investment option to me.

Henrytrust

copper member

Activity: 238

Merit: 1

I remember the value of dash was great during the year 2017 when we had a massive bull run. Dash was among the best 5 practising projects in the cryptocurrency space. I'm also of the opinion that the value of dash would experience a substantial increase before the end of the year.

rizkyalhabsy

full member

Activity: 554

Merit: 100

actually did not rule out the possibility also to $ 1100 because it had recorded touching $ 1400, but for this year it was very heavy it seems far to go to $ 1100 because the market is uncertain.
not worth it to invest. just my opinion

el kaka22

legendary

Activity: 3500

Merit: 1162

www.Crypto.Games: Multiple coins, multiple games

Depends on who that stash goes to actually. If you want to invest into Dash and you are not going for a masternode then it makes no sense, if you are going to have a masternode and print more dash in return that is a great investment, it is like telling a HUGE bitcoin miner that they can't really invest into bitcoin, these dudes are the ones that mine the bitcoin, it is even cheaper to them to own 1 bitcoin than it is to average person so it is a great investment for them, same for DASH, if you have one masternode that means DASH is a great investment for you, you will get it cheaper and cheaper over time and that means in the short term and in the long term you will be in profit, at least in better shape than people who just buy dash.

However, if you are not going for a masternode, no need to invest into few dash coins for profit.

Herry Toms

jr. member

Activity: 236

Merit: 1

I'm focused on Low-caps such as RYO because I believe they can perform better than big caps.
They are undervalued and haven't released there potential yet so people who missed Bitcoin early can invest in these types of coins because they can pump 10x-50x anytime. And another reason is low-cap privacy coins are in talks so the adoption chances are high there. Dyor and see what other people are afraid to see, the choice is all yours.

junkerr

full member

Activity: 1022

Merit: 100

Meta4uStake.io

Quote from: royalfestus on January 29, 2020, 05:54:46 PM

It is still very difficult to predict altcoins, we can only be on a better side of prediction when bitcoin breaks the ATH and other altcoins response correspond in the same vein. However, I dont believe it can make the predicted price this year, very far from it.

of course, the market needs adjustments and a high balance to be able to get ATH again. even after halving bitcoin, of course, it requires market adjustments to survive and continue to strengthen. we try to wait for that moment to happen at the end of the year after halving is run.

ballerin and giroud

member

Activity: 868

Merit: 16

The masternode ever on this industry, but now I have to spend at least 1000 dash as a requiriment. Seeing the all time high for this coin was $1600 and I think it is an easy price to be reached when the bull run comes. I believe this coin is really potential to choose as an investment place. The investor of dash has got 9000% for its return of investment so if ask worth or not worth I will anwer this coin is really worth to be invested. Moreover if we look its price is really low, based on coinmsrketcap dash just have $126 so you can buy it right now.

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: GucciBoy on January 29, 2020, 08:14:45 PM

Dash will do extremely well over the next coming years, no question about it.
Decentralized masternode network with privacy features. What's not to like here? Scarce supply as well!

This is true, according coinmarketcap Dash has a circulating supply of 9.3 million DASH.
However the Combined Masternode Collateral (Number of masternodes x 1000 Dash) is 4.6 million Dash.

Which means that Dash circulating supply is actually a lot lower then most people think it is.
Dash circulating supply (taking into account the combined masternode collateral) is 4,7 million Dash.

Dash also has a yearly reduction of its blockrewards of -7.1% (next one scheduled in 3 months), which means less Dash supply
will be generated each year.

Dash inflation rate is currently at 7.5%, which is a bit higher then older cryptocurrencies like Bitcoin, that have (by now) a much smaller inflation rate.
It will take Dash about six / seven years to reach Bitcoin's current inflation rate (3.7%)

Sources :

https://coinmarketcap.com/currencies/dash/
http://178.254.23.111/~pub/masternode_count.png
https://stats.masternode.me/network-report/309594

GucciBoy

jr. member

Activity: 196

Merit: 6

Dash will do extremely well over the next coming years, no question about it.
Decentralized masternode network with privacy features. What's not to like here? Scarce supply as well!

Another project to keep an eye on, almost as old as Dash is Blocknet. Masternode coin as well, scarce supply, but with a few other focus points, decentralization being the main one.

Blocknet launched the first functional DEX, and is working on decentralized oracles as well. It performed insanely well the past week, so it's definitely a project to keep an eye on as well!

Topic: Is it worth to invest in Dash coin? (Read 386 times)