Topic: What do you think about DASH? (Read 602 times)

I don't think all coins can be a place for investment. When you choose a dash for long-term investment, it is still possible because the dash has a platform that can still be useful to make it easier for some people to make transactions but in cryptocurrency you should know that the price can suddenly collapse so you must remain vigilant when making long-term investments on cryptocurrency.

Dash is an open source cryptocurrency. It is an altcoin that was forked from the Bitcoin protocol. It is also a decentralized autonomous organization (DAO) run by a subset of its users, which are called "masternodes". The currency permits transactions that can be untraceable. in which it Masternodes provide two additional kinds of transactions.
"InstantSend" bypasses mining and instead requires a consensus of masternodes to validate a transaction, speeding transactions.  "PrivateSend" is intended to make transactions untraceable; it mixes participating users' unspent Dash before executing a transaction.
is a one a kind project that worth investing in

DASH is good for investment, I am not worried about DASH's future development,
all of their roadmaps run smoothly, and prices are also suitable for long-term investment.

Although this is an old post but I wish to say a thing or two. In my opinion, Dash is one of the good coins we have in this crypto space which has withstood the test of time just like others. Its community is huge, its use case keeps making it valuable as it keeps growing while attracting more users. Therefore I think, owing to its growth till date, it is good for investing both for long term and short term, but however for short term, find a good entry point so as to maximize profits.

Dash is likely to have a great future because it doesn't decline. So it is trustworthy.

Dash is ok but the problem with altcoins like Dash and similar is they are second level altcoins. What I mean by that is they arent leaders of the industry and this is still a niche market with limited demand. If somebody has money and wants to enter the space why would he choose Dash over BTC, ETH, BCH? They are better known, more valuable, have a greater user base, trade on more exchanges. Dash is for people who are already in the space but want to try out something new or have the money to run a node.

Lets see what Dash invented lately :

ChainLocks : providing Dash network protection against 51% attacks, making it more secure then Bitcoin. Dash is the only proof of work cryptocurrency that has this kind of additional protection against 51% attacks. It is also the reason why Coinbase Pro only requires two transaction confirmations on Dash deposits (making Dash 12 times faster with regards to deposits then Bitcoin).

LLMQ-based InstantSend : making 90% of Dash transactions InstantSend transactions (send, receive and spend within a few seconds) without any additional cost and protected against double spending. InstantSend used to be optional with additional fees, it is now active by default without any additional fees.

Links :

https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9
https://dashnews.org/coinbase-pro-confirms-dash-deposits-12-times-faster-than-bitcoin/

Dash Platform : this is a very large and instrumental update for Dash, that will be tested and rolled out to Dash Mainnet in different phases and through different wallet versions. Dash Platform will change Dash from functioning as just a cryptocurrency, to Dash functioning as a platform where decentralized services and decentralized apps can be run on. This has been in development for 5 years now and is currently on Dash Public Testnet (named Evonet). This will also introduce decentralized identity, decentralized blockchain usernames, storage of metadata on masternodes (Dash Drive) and a decentralized API (DAPI).  

DASH - What is Dash Platform? (Formerly DASH Evolution)
https://www.youtube.com/watch?v=8jI7Nt3lILs

Improvements to PrivateSend : making it faster and more easy to mix with others users (specially when using the multisession option).

Dash has been inventing plenty lately, you just did not notice it. Most likely because you were not paying attention to Dash.

As for me, it’s a very good option for investments, because for a long time dash has been very high in the cryptocurrency market and the volume of trading with this cryptocurrency is constantly growing and this means that many investors are interested in making a profit using this cryptocurrency.

thankies for the wonderful info . im not into dash so id dont know that they create masternodes although i already heard that term before  but im still quite confuse with this masternode thing.  anyway  , your right . dash was an old age coin and its batch were eth , doge , ltc and so on . most of this old coins that i named dont also released something new , just like dash . you said dash dont come up with something new ? but this does not mean that they are becoming bad now .

Dash is a pioneer project and the creator of masternodes with couple of more technologies but they haven't been inventing anything lately 

It is definitely oversold and will bounce back hard.

Dash is good for long term masternode kind of passive earning. But, it requires very big capital to setup and due to this reason only whales are making use of those benefits.

I doubt about Dash's future as there are many coins are coming out with non-traceable blockchain algorithms like Grin. Monero must be a long term competitor for Dash which means we cannot be sure which one will hit mainstream adoption and which one may remain as it is today. But, we can invest into Dash with long term perspective as it got enough recognization to be staying with us for decades.

You can't be wrong if you put your money on Dash.
Dash is a well known and established project, as the history shows us.
What I like on Dash is it's instant TX and if you have the resources to run a masternode, then you will get a nice passive income (another +).

Dash coins is best coin for investment , it has a great future because it is very vital coin  than other shitcoins. This coins did influenced a lot of traders  and in 2020 price will increase more

Dash has been at this industry since 2014 and was known as "Xcoin" and has been rebranded as Dash in 2015 i think Dash has been stabled for the past years and its one of the most known for its masternode and its assurance of a private transaction through the private send option.

In regards with with trading lately Dash is making a noise we are not sure if it's an indication of market reversal but let's see in upcoming days dash have been doing pretty well and it's one of the old cryptocurrency on the market.

I don't regret my decision. I was having an account with BTC-e/Wex.nz and I was planning to purchase Dash from there. When I made the initial plans (mid 2015), the exchange rate was around BTC0.012 per coin. Later, I cancelled my plans and kept the amount in BTC for long-term storage. Now the exchange rate for Dash is around BTC0.0125 per coin. That means that I would have made a profit of hardly around 2%, even if I had gone for Dash back then. I agree that DASH had a major bull run in 2017, when the exchange rates increased by almost 10x (against BTC). But that holds true for most of the altcoins. Even Ethereum went up by almost 20x (from BTC0.008 to BTC0.145). And I am someone who decided not to participate in the Ethereum ICO of 2014.

It can replace bitcoin in terms of payment adoption ,because as far as I know dash is focusing on making it easily adoptable for both small businesses and users/payers,

Most altcoins lost between 80% to 95% of their value, during the bear market. It is a bit unfair to just pin that on Dash.
  


And you sure missed out, by not investing in Dash before 2017. But lets be realistic : every cryptocurrency is subject to manipulation, has pumps and dumps, is volatile and is subject to
long term trends / cyclus. Maybe when there is mainstream adoption of cryptocurrency in general in 5-10-15 years or more, that will change. Or maybe not.

This was one of the coins that I considered for investment back in 2015/16, before eventually deciding against it. The reason why I decided not to invest in Dash back then was primarily due to price manipulation. If you check the charts from 2015 and 2016, then you may find several pump and dump cycles with this coin. Also, I thought that it was a bit overpriced. Anyway, this coin has failed to fulfill the hopes from the investors. During the past two years or so, it has lost more than 90% of its value.

Dash is a cryptocurrency that is focused on providing fast, secure and low fees transactions and has developed the necessary
elements to function as digital cash. Also Dash has optional privacy (not much used on its network though).

Dash use cases (see specifications) :

https://www.dash.org/forum/threads/dash-core-group-q4-2019-summary-call-thursday-30-january-2020.49508/#post-219789


An increasingly large number of people are using Dash in Venezuela : https://beincrypto.com/dash-may-have-1-million-users-venezuela-years-end/

The reason for this is simple : you can pay for your every day purchases with Dash in an increasingly number of places in Venezuela (even Burgerking has opened its door to Dash),
get your transaction confirmed within a few seconds, have that transaction protected against double spending from the start, enable the receiver to spend the received Dash after just a few seconds.
No other cryptocurrency can give you this level of security and ease of use with regards to payments, for both users and merchants.

You can send Dash through apps (smartphone), online (PC & Point of Sales devices) and you can even send Dash on normal phones (not smart phones) through SMS (it is called Dash Text).
Dash is actively developing new use cases through its major new upgrade named Dash Platform (5 years in the making), that got released on Dash Public Testnet (Evonet) a few weeks ago.



To see what Dash Platform is about : https://www.youtube.com/watch?v=8jI7Nt3lILs