Topic: Why I invest in Dash? (Read 1397 times)

Nice video. If you must invest in something with masternodes, go with PIVX. Anybody who chooses an instamined scam like Dash has to be mentally defective.

If you're investing, you should check out Greg Maxwell's presentation to Coinbase from 28 April. He mentions Dash at 34:15.

It's worth seeing what he said about Dash, Monero, and Zcash from 29:00 to 39:00.

https://www.youtube.com/watch?v=LHPYNZ8i1cU

Yes, Dash is good coin to store and pay online in the future but I think Xrp must be the fastest on transaction and it is supported by financial organization in the world . Therefore many big banks are using Xrp as the best payment method at this time.

the only reason anybody who ever invested in Dash or any of the other altcoins has always been one thing and one thing only: to make more bitcoin from their pumps.

anybody who says otherwise is either lying is fooling themselves.

nobody really cares about any of the things that OP said and nobody really uses any of them. heck the majority of the investors don't even have a wallet of that coin and they just keep it on the exchange wallet during the temporary pumps to the top to dump there and get the bitcoin out to the cold storages.

I still believe it is a scam coin. The way it is being hyped, it looks like a bubble to me waiting to burst. It may or may not be bitcoin 2.0, but I will stick to what I have. I am not giving up on bitcoin yet.

Out of ETH and DASH, ETH is purely scam with ethereum foundation holding all pre mined coins in the name of development fund. We shouldn't forget the crazy dump by vitalik to get funds for his world tour 

There is a coin which I think more superior than dash and ethereum currently off everyone's radar.

This is very dangerous, the technologies offered dash is almost similar to some cryptocurrency, dash is almost the same with bitcoin, although superior in anounymous dash. ethereum dash when compared to the much different, but the market in ethereum more crowded and the prices are more stable ethereum, use smartcontrac for more profitable transactions. This makes ethreum superior dash.

The powers that be will probably ultimately have to give their stamp of approval to any sort of money. That's not out of the question but I think it is unlikely the powers that be will allow it to be Dash, because of the premine.
Governments won't want to be associated with any corruption. Unless they benefit from that corruption in some way

block time in Dash is not a problem, due to instant-send. Those transactions take 2 seconds, even with 2.5 min block time.

For me, Dash is Bitcoin 2.0. Dash is Bitcoin done Right (TM) !

How is Dash a scam? It is a working model of a better implementation of Bitcoin. The value it has was established by people who saw the revolutionary potential of the new model. The ONLY issue I see with Dash is the high possibility of a fork due to block time.

Ethereum has 72 Million premine. They are both scams lol

Dash solves a lot of Bitcoin's problems, including scalability and self-financing for developers and instant transactions.

Moreover: in traditional corporations, Bill Gates and Mark Zuck pre-mined a ton of Microsoft and Facebook share, respectively.

IMO decentralized corporation is still a corporation. No one wants to work for free. Not Vitalik from Ethereum and not Evan Duff from Dash.

And Dash is a decentralized corporation.

So you're argument is that your shitcoin is less shit than other shitcoins?

Well played sir.

Dash is no more instamined than Ethereum. Dash and ETH are partial instamine, as opposed to 100% insta-mine, which is Ripple.

Why I invest in Dash:

1. I havn't heard of PIVX and have excess money to spend on clear scams.
2. See 1.

Dash is an instamined scam, well marketed by car saleman types, who's main goal is to sell fairy dust to greater fools.  I would not touch it.

Why I invest in Dash?

Ethereum is great. It's a programmable block chain with lots of level 2 projects, Raiden, Augur, StorJ, etc... I hold some Ethereum, but Dash is my biggest position nowadays.

I feel that Dash is much simpler to use and more focused to be Money.

1. Instant transactions (InstantSend). About 2 seconds in Dash vs 17 sec in Ethereum is very important for retail brick-n-mortar shops. Compared to 10 min in Bitcoin on it's best-day.
2. Dash Masternode Voting - governance mechanism, similar to shareholder voting in traditional corporations.
3. Incentivized Masternodes. - even if our block chain will grow huge, it's incentivized to buy new hardware to keep up with demand.
4. Dash network can pay it's own expenses. Dash developers are getting paid in Dash right out of the block chain, and even sponsor an advertisement campaign from it's block chain rewards. Bitcoin and Ethereum never had anything like it. Put it simply, the economic model of Dash is superior. For example we will vote with our Masternodes for Charlie Shrem's Dash Mastercard, and he will get paid by the Dash network for his start-up business. https://www.dashcentral.org/p/DASHPAYCARD-DEBIT-CARD
5. Dash is a drop-in replacement for Bitcoin, while Ethereum has a learning curve. It means that it's easier to adopt for merchants, that already accepts Bitcoin. Dash wallets are simpler to use.
6. I think Ethereum could become the Linux of crypto-currencies. Scalable, programmable, powerful and open, but hard to use. Especially if you want some advanced features. Very few people can take advantage of the Linux system, as compared to Windows. Same here: very few people will have the technical skills to take advantage of Ethereum's programmability, while Dash stays much simpler for day-to-day use.
7. Monero transactions are huge, about 40x bigger than Dash or Bitcoin. It will not scale in my opinion.
8. Biggest reason by far: Bitcoin is dysfunctional. My transactions take between 3 hours up to 26 hours to confirm, when a year ago I used to confirm in 10 minutes . Bitcoin used to provide me a service, but now it provides me a dis-service. I have sold most of my Bitcoins for Dash.

-"Technologov"