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
  

It's not.
There are some use cases for dash
1. You can use dash is so many retailers and you can get the list of retailers which accepted dash as a payment.
https://discoverdash.com/

2. You can earn passive income from become a masternode or staking your dash

It's not only about trading but when you are interested to know more about that and what you need to do just to research on the official site. Trading is a one usecase for dash but it's much more to the speculation.

I think fine. it's just that "regulation" is holding it back. DASH privacy coins are certainly also popular after XMR. good news also in venezuela right now this coin is very much needed there, because the country's economy is unstable and tends to choose crypto to save some wealth. Yes, in Venezuela the data is currently increasing and the need for supplies is due to the large interest in DASH coins in the country. also a solid team also fosters ecosystem development and focuses on Venezuela. for investment problems, I suggest research and opinion assumptions themselves are better, than following someone. so if you lose then there is nothing to blame.

source:
https://discoverdash.com/stats/

DASH = CASH

DASH is a fairly good coin with a lot of benefits over Bitcoin. Personally, I'm accumulating as I get it but I don't particularly go out of my way to get it. Got it?

dash is one of the best altcoin to be an investment, because the price of dash increases very high and no one can think that the price of dash can increases very high, so I'm sure the price of dash will continue to rise and provide profit if we invest in dash, because in my opinion dash is the best altcoin to use as an investment at this time, so don't hesitate to invest in dash and you will definitely get a very big profit.

Any of the coin does not simply just bounce to give you profits. There are reasons behind why it would pump and dump. We are in the early stage of the arriving bull runs. In bull runs, we can see almost each of the major coin having pump and moving along in an ascending graph with bitcoins. This would also affect dash and we would see great price for dash if we think in terms of long term holdings.

Dash is a potential coin which is been dominating the markets since long time so we could never assume dash to be among the shitcoins. Dash coin has lower prices on the markets but this lower price might allow us to gain higher profits by holding majority of coins.

Dash is very interesting coin. One of the top coin in coinmarketcap. Investing in dash is a good idea for investors. Personally i like dash.

I see Dash is TRX and Stellar biggest competitor, if they don't careful dash will take their position. We can see many proof dash keep trying to up grade system and increase users services into better place, even not always successful but many users stay in dash because of this. I don't believe supply will make people invest/ trade but is dash want to burn some supply I think it will much better than release give away.

According to Coinmarketcap after one year 1,635,850 Bitcoin existed, 7,79% of total
Most coins where mined in 2010, 16,15% of the total 21,000,00
Halving's every 210,000 blocks mined, November 2012, July 2016, May 2020... about every 4 years until 2140

                    Supply   Still Available Bitcoin
2009-01-03                     100,00%
2010-01-03     1 635 850   92,21%
2011-01-02     5 027 250   76,06%
2012-01-01     8 000 050   61,90%
2013-01-06   10 635 975   49,35%
2014-01-05   12 189 925   41,95%
2015-01-04   13 684 794   34,83%
2016-01-03   15 037 467   28,39%
2017-01-01   16 075 850   23,45%
2018-01-07   16 786 978   20,06%
2019-01-06   17 467 062   16,82%
2020-01-05   18 143 812   13,60%

Per year in % it looks like this,
Assuming the halving is on May 5 then it should be ~2,15% for this year
2009   7,79%
2010   16,15%
2011   14,16%
2012   12,55%
2013   7,40%
2014   7,12%
2015   6,44%
2016   4,94%
2017   3,39%
2018   3,24%
2019   3,22%
2020   2,1x%
2021   1,6x%
2022   1,6x%
2023   1,xx%
2024   0,80%

Edit:
Secondary visual graph https://www.blockchain.com/charts/total-bitcoins?timespan=all  halving angle change clearly visible

Interesting data.
Do you have a source link for me? (to the Dash<> Bitcoin comparison over the years part)
Would be interesting to do a comparison from 2009 (when Bitcoin started), so we can compare both cryptocurrencies better with regards to generated supply.
Also i would like to see the data for 'Still Available Bitcoin' before 2020.

Thanks in advance.

Dash comes under one of the most popular cryptocurrency. People have faith in Dash and also we can find a number of long term holders holding dash in their portfolio. Dash actually is a digital cash which you may spend everywhere you wish and it might also bring dash to a newer generation where local payment means would be replaced with dash for instant, secure and mobile-friendly transactions.

Dash have huge potential because it might soon turn out to be a need of most of the people who love to transact digitally in their native countries for purchase goods and services. Dash might serve us as a coin which would replace the traditional financial monetary systems and this would bring huge demand for dash. This might attract us investors to stay close with dash and at least hold some amount in our portfolio bag with some other potential coins.

Dash is my favorite altcoin when btc got crashed, it always going up when btc and almost altcoins goes down. You can look into the history chart. Its shown that whenever bitcoin have bear trend then dash always have bullish at the same time. That is one of characteristic from dash I knew so far. I'm not looking into what the next target, next roadmap, i just choose dash when bear market.

talk about DASH, we all know that it is the most advanced coin like bitcoin. it is not owned by the developer and its system is open source. Therefore, we can understand briefly that DASH is a very successful upgrade of Bitcoin. but it has a much better advantage than bitcoin as it uses the X11 algorithm, PoS is a big advantage of it. When investors realized the uptrend was coming, everyone put their money to buy coins with PoS algorithm to increase profits by double or triple. So you should try investing in DASH too, the risk rate is quite low when bull run is coming, only mining coins are growing. DASH will undoubtedly be one of the coins with the highest growth rates in the near future.

DASh is a good project and has been maintaining the top coins in the coinmarketcap. But it is overhyped when comparing it with Bitcoin, that it will take the place and replaced the leading digital assets. Hope it will do well this year as it struggles for the past one year.

Since DASH is the lead master node chain.

It is better to be a "network" verses a "POW by hash chain".

Why because MN structure means upgrading and forking is easy to manage.

Which begs the question, Why pay for the hash or inflation?

In time the MN will likely have to focus on being networks, and publish in other chains POW blocks, or maintain a small cap of their own, very small

Investors don't want the inflation, and the "network" masters must provide their services at the lowest margins possible, it will be just a utility, not so much a "coin".

Seems like DASH is moving in that direction.

tldr;

DASH fails as a blockchain, wins as a network/platform/service.

I personally find dash to be a great project to be considered for investment. The project has been in existence for a while now. I recall that it was once the 3rd most valuable coin after bitcoin and ethereum. Though the value has dropped substantially which is as a result of the bear market affecting the entire cryptocurrency space.

I think Dash is going to have a lot of struggles as an organization despite being one of the most coordinated.

DASH is a pretty cool project, and reminds me a lot of BLOCK in a way for the following reasons:

Scarce supply
Decentralization/Privacy
Masternodes

Blocknet is different as they focus even more decentralization, their DEX being a very important part of the project: https://blockdx.com/
But that's not the only thing, they're working on decentralized oracle services as well, which you can read more about if you research their XRouter/XBridge tech closely.

DASH is an awesome project, but so is BLOCK, both projects is undervalued, and a good buy IMHO.

Recently people are glancing at DASH. I think DASH is a coin that has a good opportunity going forward. The current price is also high, and the trading volume is also very large, meaning there is movement in the DASH coins.

DASH is literally growing and good for long-term investment, also Dash can be used as offline transaction as well. And yes this will give users more convenience,  There are big predictions on this coin from experts and hopefully I guess it can do better in upcoming days let's believe 2020 will be a surprising year for the investors.

at this time Dash may not be too popular but in my opinion this coin has good potential, if for example I have a lot of capital maybe the right choice for investing is DASH. but you can also try other coins if you are in doubt, because right now there are still many good coins besides Dash Coins.

DASH isn't bad for investing in. Anyway, I'm not sure it will suit for a long-term investment.

I think it's pumping because of a huge uptick in use in a few third-world countries, including Venezuela.

Personally, I wouldn't invest in Dash for the long term, because there are some similar cryptocurrencies that simply do it better, e.g. Monero and Litecoin.

So, unless you're going to get in and out quick, it's probably wise to stay away.

This is not like I am giving investment advice, but I really see Dash as a reputable coin, at least for the few years I have known Dash, it is doing well.

Dash will remain a popular coin as long as there are people who continue to believe in this project. I have a long time ago stop to believe in this project as in the technology that can bring some benefit to the world of cryptocurrencies. the idea was that the transaction in their blockchain is anonymity, but it has long been proven that transactions on the Dash network are not anonymous.

Dash is not a bad coin to invest money on, it's old and safer but with outdated features, few coins can do better than dash if you know how to find them, we have better privacy coins now with stealth transactions but dash is still a good choice

Numbers dont lie. Fiat inflates (value loss) by about 2,2% annually.



Dash supply reduces by 7,1% and Bitcoin new coin supply halves every 4 years

The Dash Platform is good and there is continued progress in the market value. However every altcoin has dependence on bitcoin. Dash is really a good investment, as it is in the top list of the cryptocurrency surely it'll give good return on the investment. Already Dash has reached a peak value of more than $1100, compared to the peak value of Dash the present value is good for long term investment. Very few altcoins from the very beginning have good reputation, Dash is one among the same.

Dash coins for investment, I am sure this will have a great future because it doesn't declining just like other coins that became shitcoins. This coins did influenced a lot of traders who wanted to put their money at a promising stage of profit. Although it hasn't bounce amazingly, but it remains consistent on most trading sites.

Investing in DASH was much better start of January.... ha
But i guess it will never be the right time to buy or sell coin. As it is impossible to predict the coin lowest and highest price.
Dash overall is very nice setup, fast,quite anonymous and still very cheap from all time highs.
I have split DASH master-node for couple years now, and it is very good time to acquire one now  . As it can bring you additional 5-6 Dash , in master-node rewards.

Despite the sideways trading. Dash is largely in the hand of the bulls as seen with the two day bullish session. As long as the channel support is guarded, Dash will have the otpenial of jumping above 130 dollar and moving toward the 140 dollar key resistance zone.

And, I think dash is very good to invest because dash is the 15th coins largest cryptocurrency. Right now at the resistance of the dash market prices and this is forward to the new price high. I know moving uptrend maybe can reach into a thousand dollar soon watch out guys..

See : https://bitcointalksearch.org/topic/m.53727069
Just a bit of information about Dash there, so people understand Dash better.

I think 2020 will be an important year for Dash, as 2020 is the year that brings Dash Evolution
(renamed to Dash Platform) to Dash Mainnet.

Link to Dash Platform : https://www.youtube.com/watch?v=WNoMSP0nPDQ

It will also be the year that Dash will most likely strengthen its presence in those countries that are battling with hyper inflation
or in general have problems with their own traditional banking system.

Link : https://beincrypto.com/dash-may-have-1-million-users-venezuela-years-end/

What do you think about DASH for investing?