Bitcoin Forum

My analysis: Dead cat bounce

https://i.imgur.com/1fqfWRR.jpg

http://www.investopedia.com/terms/d/deadcatbounce.asp

do i dare say Dash is trying to meetup and breakthrough the 0.008 price range again ?

https://bitcoinwisdom.com/markets/cryptsy/drkbtc*

* see my link if the bitcoinwisdom site does not show correct data

https://i.imgur.com/bNYdB5s.jpg

http://coinmarketcap.com/#USD

Dash in USD
https://i.imgur.com/2rlNXMI.jpg

Dash in BTC
https://i.imgur.com/TlueCif.jpg

One thing is missing on cryptowat.ch is the cumulative, maybe will arrive soon (as there is a - (DASH) there that should be the cumulative ;)

Interesting, i will keep an eye out on it.


In the mean time Dash is just dashing forward currently : http://coinmarketcap.com/

Dash in USD
https://i.imgur.com/JlQZnmE.jpg

Dash in BTC
https://i.imgur.com/nvaq9rT.jpg

I'm not sure where coinmarketcap gets it's feed, but I have checked it against Poloniex and Cryptsy several times today and it is always higher, by like 5-7%.

Anyone have any insight into this?

Pablo.

Just click "Markets". Someone had some cash to throw and bloated volume on the Russki exchange. Seems like a minor incident soon to be corrected. I'd like to think it's the vanguard of big (Russian?) money rolling in.

https://i.imgur.com/JpVBUg0.png

well, i agree it is a bit weird as my own sheet calculation with data plugged from Poloniex only shows 9.67% increase in Dash (USD) over the last 24 hours
(but then again my sheet also still thinks current price is 0.0078 .. seems to be lagging a little bit behind)

I think i will stop using coinmarket as a source for Dash % increases over the last 24 hours, it just seems too unreliable.... thanks for adressing this to me.

Hey, can you do me a favor and post the text you use to pull data from Poloniex into your spreadsheet? I use the coinmarket cap feed and I couldn't make the switch to Poloniex work.

I'd really appreciate it.

Pablo.

Lot of selling pressure right now.
As often when BTC is going north...

We'll see if this BTC rally is due to auction that is for the 4th of November? (not sure of the date).

yeah, i'm noticing it too. I suspect some daytraders are converting Dash to BTC due to the rising BTC price
(mostly originating from Chinese exchange Huobi). I'm not so sure its related to the auction as thats taking place in the USA while all the
buy-pressure is emerging from China due to increasing volume on the exchanges there.

With the Chinese economy showing signs of slowing down, maybe traders are looking for ways to avoid the Chinese
monetary control systems in place there ..

https://bitcoinwisdom.com/markets/huobi/btccny
(put interval on 1W and Indicator on OBV and you will see what i mean)

I guess we will have a bumpy road ahead, as will all altcoins.

Yes you are probably right.

For Dash I think it's fine : 4K sell on Polo and 1K sell on crypty during the same half am hour, I still ~72.

For BTC what amaze me is the diference between the sites :
Bitstamp 348.16
BTC-e 319.474
Bitfinex 348.98
Huobi 365.21/2303.03

What happen with arbitrage??

Think about how slow it is to move BTC between sites, 30 mins if your lucky, more likely an hour. And fiat takes 2-4 days. Unless you were fully stocked with both on all exchanges the arbitrage ability is limited on a quick run up like right now. I would assume most anyone that was in a position to make money on the difference has done so.

Great thread.

You can certainly create an account on the Chinese BTC sites and sell BTC at the high rate - but you can't withdraw dollars to a US bank account, for instance, so it becomes somewhat impossible to complete the arbitrage loop. There are ways to do it. But likely you need to have a presence and banking relationships setup in multiple countries. Or conspire with someone actually in China for instance.

Go on gridcoin, just a bit more! No idea what gridcoin is btw ;)

Edit: I'm calling the top at $370  ;D

a big whack of coins found their way out of cold storage according to days destroyed

So tempted to nip over to speculation and pump gridcoin, it's great, it supports academic research through BOINC

Days destroyed is an indicator of the number of days passed since going into storage so if 1000 BTC where in storage for a year and then moved that'd be 365000 days destroyed. It's gives a good idea of how many cold wallets are being dug out:

This is exciting. I don't think I've checked the time in China for nearly 2 years  ;)

(China waking up in...  8)  )

P.S. I don't understand why all the big trades on Huobi appear to be sells and yet the price keeps rising.

EDIT: Probably because traders place their buy orders just inside the spread and then they get sold into, rather than buying into the asks.

interesting, lets wait and see...

edit : there, i even made your picture visible  ;D

I think the charts can surprise us sometimes, whether its a good surprise or a bad surprise remains to be seen
but in the mean time : Dash 0.00631052

https://bitcoinwisdom.com/markets/cryptsy/drkbtc
(see my signature if you have problems with this site)

https://i.imgur.com/9qpYuma.jpg

Edit 1 : 0.0064
Edit 2 : 0.0065

First time I draw lines on a graph...
But I want to think that what I'm seeing is good ;) I'll call this triple top on up-trend mountain.

Developed by Tushar Chande in 1995, Aroon is an indicator system that determines whether a stock is trending or not and how strong the trend is. “Aroon” means “Dawn's Early Light” in Sanskrit. Chande chose this name because
the indicators are designed to reveal the beginning of a new trend. The Aroon indicators measure the number of periods since price recorded an x-day high or low. There are two separate indicators: Aroon-Up and Aroon-Down.
A 25-day Aroon-Up measures the number of days since a 25-day high. A 25-day Aroon-Down measures the number of days since a 25-day low. In this sense, the Aroon indicators are quite different from typical momentum oscillators,
which focus on price relative to time. Aroon is unique because it focuses on time relative to price. Chartists can use the Aroon indicators to spot emerging trends, identify consolidations, define correction periods and anticipate reversals.

"triple top on up-trend mountain", i like it. In most cases "tripple top mountain" signals a reversal in price from bull to bear, but i think it can also signal
a breakout in price due to an enforcement in bull sentiment.

New graph on Poloniex, including the Aroon which i noticed shows bull and bear trends a bit more clearly.


There is really not much standing in the way of Dash pushing upwards to the 0.0074 and consolidating on that position.

https://cryptowat.ch/poloniex/dashbtc/4hr
https://i.imgur.com/to07LWP.jpg
 

Which website do you trade DASH on?
Looking to get into DASH

Dash trade on weekly base seems not very safe from profit view, may be in future will be better market position for buy/sell  ;)

Dash wallet on cryptsy got fixed and people at Cryptsy are buying dash to withdrawal in order to circumvent problematic BTC withdrawals, and dumping at polo..

From 0.0060 to  0.0070 btc ,  dash price is supported firmly.

Show me an asset where 50%+ of it can be dumped without wiping out the bids.

Try dumping 7 million BTC. Or 5 million Moneros.

What if 3 Monero holders dump, the remaining 7 won't get a satoshi for their coins. Hurry, dunp Mongeros!

Ok - my updater "unstuck" itself....here it is. My interpretation of the Cryptsy wall, why price didn't go up when masternode count did, a breakdown of how Dash's economic model behaves under adverse perturbations and some other stuff I discovered on the way  :)

Supporting Trading Price vs Achieving Full Coin Deployment as a Monetary Objective
If you’re an investor in cryptocurrencies, it’s normal in this business to be checking “the price” umpteen times a day to see how your coin’s doing. But if your job is to build a new monetary medium (as in construct a house or a car), then maybe there are times when maximising the valuation isn’t the appropriate objective or when it conflicts with other, more immediate priorities.

If you put your architect’s hard hat on, and see this from the point of view of a construction project rather than an investment one, then what would the priority be ? Surely it would be to acheive FULL COIN DEPLOYMENT - i.e. the entire current coin supply deployed in a monetary role. As far as money goes, there are really only two roles available:

[1] - as a means of payment for goods or services

[2] - as a store of value (and if it’s a currency, that means earning interest to compensate for inflation)

That’s it !

Terminology
For handiness, we can refer to these two monetary roles as the reserve role and the currency role respectively. Correspondingly, the market for interest bearing capital then becomes the reserve market while the market which requires trading liquidity is the currency market. Finally, those markets are addressed by their respective portions of the coin supply, i.e. the reserve supply and the currency supply.

Straight away we can see problems for a brand new monetary medium. In the case of [1] (the reserve ,market) there are no cryptocurrency banks yet, ergo no interest, ergo no store of value. In the case of [2] (the currency market) the demand for payment method liquidity is not anticipated till quite some time in the future. Right now the only significant source of currency demand comes from exchanges who’s function is to provide liquidity for speculative trading.

The result of this absence of “front loading” of monetary demand is that a standard valuation profile emerges whereby a currency reaches a high speculative peak, followed by a long slow drift down - sometimes all the way to zero.

https://i.imgur.com/7g35k91.png

What Dash has done to address the need to ‘front load’ the monentary demand curve is to create two markets instead of one and make them compliment each other so that the entire coin supply is deployed in both the fundamental monetary roles and therefore can address both currency and reserve markets right from the start.

Recent Market Activity and Masternode Growth
This afternoon, I noticed a sudden growth of supply on exchanges (the “Cryptsy wall”). But on checking the masternode count, it was steady at around its high watermark of 3220 nodes. This is an immediate clue as to from which of Dash’s 2 monetary markets the new supply precipitated - in this case the currency market (see blue sector in the diagram below). It’s reasonable to conclude that over the last year, much of the coin supply going to masternode collateral has come from existing held funds redeployed (i.e. moving from the dark blue sector in the illustration below into the orange one without passing through markets). The growth in masternodes therefore hasn’t had much impact on price because an internal re-assignment of coin holdings has occurred initially to populate the network.

However, at some point this flow will stop. There will inevitably be some holders who have no intention of deploying masternodes for whatever reason - they want to keep their holdings available for trading, they want to play Satoshi Dice, they want to buy a case of Dry Muscat from the Misconduct Wine Company (https://twitter.com/MisconductWines) etc.

Returning now to our money architecting perspective of “full monetary deployment”, we need to add a third category for completeness. That is the balance of the coin supply which is redundant and not deployed in either of the two active roles meeting market demand (neither interest bearing reserve nor currency). If the balance is non-zero, this is the supply that finds its way to markets and is traded. (Note: not the amount sitting in order books, but the amount actually changing hands and moving the price), or put another way, the amount sitting on order books that matches the next bid price. What happens then is that the coin supply changes hands, the price moves and the redundant supply is eliminated (the light blue gap gets fully closed). When the price stabilises, then the supply is fully deployed again in a heterogeneous market.

Don’t All Cryptos Support this Model in Some Form ?
Yes - all crypto’s clearly exhibit some aspect of this monetary model but here’s the distinction.

a) in the case of non interest-bearing proof of work coins, the ENTIRE supply is in the blue zone. This clearly places too much commercial loading on an immature currency market which leads to an inevitable long term value depletion in the absence of major speculative price support. It’s a case of ‘keep pumping and hope to hell that people hodl’.

b) in the case of interest bearing proof-of-stake (POS) coins, the interest bearing feature applies across the entire coin supply with the result that heterogeneity is lost. Those two markets are not distinctly addressed which precludes them from complimenting each other in an optimal way. For example the trading sector still pays interest even though investors have a different financial priority. That then depletes the attractiveness of the high earning cold wallets. Conversely, the portion of the supply that is meeting the reserve requirement cannot be specifically targeted for rewards-based service loading as Dash’s is.

https://i.imgur.com/fbwaIiQ.png

The Dash Economic Model: How are its Dual Markets Complimentary and What are the Mechanics of Stabilisation ?
Lets take each one in turn with reference to the colour-coded illustration and see how this model continuously brings the coin supply back into full deployment. (Note, the priority is full deployment, not price support. The assumption is that if full deployment is sustained in both commercial sectors, then we have the highest chance of a long term favourable revaluation).

FOR A GIVEN SIZE OF CURRENCY MARKET - DOLLAR EQUIVALENT LIQUIDITY REQUIREMENT (Blue side fixed)

[1] - if masternode count decreases (holders want to trade their masternode collateral for another coin and exit Dash)

a) - the gap will open and redundant (Sr) coin supply goes positive
b) - this will go to markets as excess supply and move the price down
c) - masternode revenue goes UP (due to fewer masternodes), masternode price goes DOWN (due to b)
d) - the effect of c is to attract demand from BOTH the currency sector of the existing investor community (the blue band) AND from markets
e) - the redundant supply gap (Sr) is closed, the masternode count stabilises and full coin deployment is restored

[2] - if masternode count increases (demand rises from the fixed income commercial market sector)

a) - the redundant coin supply term (Sr) goes negative
b) - a negative Sr term due to masternode shortfall can only be cleared by moving coins from the blue to the orange sector which can happen in two ways: an existing holder re-deploys their holdings as masternode collateral OR a new holder does by way of the coins passing through markets first and changing hands
c) - the price rises to maintain the liquidity requirement for the currency market (blue zone)
d) - the negative redundant coin supply term (Sr) is eliminated and full coin deployment is restored

FOR A GIVEN MASTERNODE COUNT (Orange side fixed)

[3] - if the size of the currency market decreases

a) - the gap will open and redundant (Sr) coin supply goes positive
b) - price will fall to close the gap
c) - the redundant supply gap (Sr) is closed, the masternode count stabilises and full coin deployment is restored

[4] - if the size of the currency market increases

a) - the redundant coin supply term (Sr) goes negative since there is a liquidity shortfall
b) - by definition, demand has exceeded supply on markets so price rises to meet the liquidity requirement for the currency market (blue zone)
d) - the negative redundant coin supply term (Sr) is eliminated and full coin deployment is restored

What are the Complimentary/Secondary Effects ?
We’ve discussed on an ongoing basis the huge technical gains to be had from a logically articulated network. (That’s to say, where the protocol for any given node can operate in either a client mode or a service mode while remaining decentralised). So in this section we’ll stick to the economics of the two distinct commercial markets that Dash serves.

To do this we just have to connect up an adverse perturbation in one of the two markets above, directly to its corresponding step in the other market. For example, to observe the primary and secondary impact of a decrease in size of the currency market, it’s knock-on impact on masternode count and subsequent tertiary effect on valuation, we can do this:

Start at [3] and note the primary effect of a market shrinkage (it’s a price decline at [3]b)
Next to go to the two sections governing masternode dynamics ([1] and [2]) and see which one contains the price decline - its [1]b
Now note the conclusion of those steps. From that we can see that the shrinkage in the currency market was balanced by an expansion in the revenue-earning investment sector (masternode count) and full monetary deployment was restored.

We can use this type of ‘jump across’ analysis to model the secondary effects for any perturbation - increase in masternode count, decrease in masternode count, shrinkage in currency market or expansion of currency market (e.g. widening retail adoption). To know the starting point, we need two data points:

 - the market movement direction (is it a price increase or a decrease)
 - the change in masternode count

So today, we had supply coming onto the market, but it doesn’t yet count as a perturbation till it moves the price (which as I write it still hasn’t). Lets say it did though and the price tanked. The masternode count remained steady, so our entry point in the model is [3]a.

Implications for Trading Technicals and Long Term Market Split
From the previous example, an interesting phenomenon occurs which theoretically has a favourable influence on trading technicals. We saw that successive shrinkages in the currency market has the effect of “pushing” coin supply from the blue sector to into the orange sector on the illustration. In trading technicals, a resistance area is often defined to exist at the end of a large selloff. However, if we look at this from the perspective of the dual market economic model that Dash now serves, it’s possible that this resistance will be substantially mitigated by reduction in coin supply in the blue zone, since much of the supply that would otherwise be sitting on the order book - underwater waiting to be rescued - has gone off to find a new home as masternode collateral (Orange zone).

So this heterogeneous market makes it much easier for Dash to recover marketcap after a selloff, whereas when you have no ‘front loading’, the market has it all to do. A mountain to climb.

Note that Evan sees the blue sector as being ultimately very small - a good deal smaller than I have drawn it. (I drew the relative split according to today's masternode count). Having thought things through for the purpose of this post, I now realise why. Lets see how the model affects relative spread between the two market sectors in the case of a liquidity decrease and increase respectively:

a) - in a decrease (price decline for fixed masternode count) as we’ve seen, we should loose some net supply from the currency sector to the masternode sector
b) - in the increase, we should not necessarily regain that full loss (in other words, some of the coin supply that moved from the blue to the orange sector in a price crash will ‘stick’ and not return to the blue sector. That then requires a price rise to a higher original value just to regain the same dollar liquidity level

Industrial Precedents for This Approach - A Case Study: Electricity Generation
The reason I’m so confident that this is not only a sound strategy for a fledgling cryptocurrency but an essential one, is that there exists an fascinatingly close parallel in heavy industry which faced almost identical growth challenges and successfully deployed a similar dual-market strategy to meet those challenges.

Iceland in the 1960’s had a population of about 200,000 people and growing. The government embarked on an ambitious long term plan to build new hydro-electric stations, the first of which would be the largest ever to date. Here’s the problem - once completed, the full generating capacity would be online decades before the demand was projected to rise enough to absorb it. The question was, what to do with the spare capacity ?

https://i.imgur.com/zDcu3EA.png

The answer they came up with was to build an aluminium smelter. Aluminium requires huge amounts of cheap electricity while at the same time provided exposure to a completely independent market from the consumer one which would take years to evolve. The same product was supplied to both markets (so the 'coin supply' is continuous), but the markets had distinct properties which complemented each other in the way Dash's do.

This gave the generating capacity a dual market with appropriately favourable dynamics, where one is capable of taking up slack in the other and supporting its growth. So in conclusion, what we saw today in the Cryptsy order book was possibly the ‘flab’ on the blue strip that was about to be absorbed by the aluminium smelter (thankfully, Dash has one now ;) )

https://i.imgur.com/uisXAzd.png

How is Bitcoin Doing It ?
Finally, lets consider how these two distinct markets are addressed in bitcoin. As far as the currency side goes (the blue sector), there is little difference economically between any crypto because they all inherit the principle characteristics of bitcoin (POW, inflationary to some degree etc). However, it's in the auxiliary capital investment market (the orange sector) that the challenge lies - particularly now that we've seen this is key to supporting long term growth of the currency by front-loading excess supply.

Bitcoin does not support any protocol based reward for proof of network service other than mining. Full nodes, for example, are not incentivised and this has led to a steady decline in their population as SPV wallets start to dominate. We'll consider 2 significant examples of how the bitcoin economy intends to address this market:

[1] - Sidechains
[2] - ETF's

Sidechains
The idea here is to be able to introduce new protocols to the bitcoin economy without the need for hardforking the bitcoin protocol itself. So this is a potential area where ideas like incentivised nodes or proof of service could be introduced. The problem, however, is that sidechains drives a horse and coaches through bitcoin's fungibility. You have to sacrifice entire sections of the coin supply to 'morph' them into the sidechain currency. It also carries the problem of pegging the sidechain's coin value to bitcoin's (the designers actually think thats a good thing believe it or not), thereby transmitting undesired volatility from one market sector to another that would otherwise be served by distinct currencies isolated from each other with a commercial firewall.

Technically - as an API interface - this is a potentially attractive idea. Monetarily it's a non-starter according to any accepted definition of ideal monetary properties.

ETF's
The eventual emergence of a Bitcoin ETF-like product would directly address the demand for investment capital as distinct from trading liquidity. However, here the solution is also incomplete because ETFs are in principle a risk asset - not a fixed income one - and rely on the underlying commodity accruing in value to deliver a return. So we're back to square one with the blue sector accounting for the whole coin supply. We still have no 'auxiliary market' to front load our supply. [To illustrate the difference between a risk asset and a fixed income one, consider you had $1000 to invest. You can either invest it in stocks or bonds. If you invest in stocks, you may end up with less than $1000 dollars or you may end up with more. With bonds which pay a fixed interest in the same currency as the capital sum, you'll always end up with more than $1000. You may loose out in other ways (e.g. the $ may devalue against gold) but you'll at least have more dollars than you invested. This is the market that Dash's 'Orange sector' is supporting). ].

How does Dash Do It ?
How does Dash avoid the two cul-de-sacs above ? In the first case, it addresses the two monetary roles distinctly but ENHANCES fungibility instead of destroying it. It can do this because the capital and currency markets are supported without having to recast sections of the coin supply with a different identity as sidechains do.

In the second case, it supports a protocol level reward for proof of service, thereby providing a basis for fixed income investments that pay out in the SAME currency as the capital sum. (The risk-asset market is supported by default, whether your funds are serving as masternode collateral or not).

As these two examples illustrate, the problem bitcoin has is the same one that keeps recurring everywhere else - from fungibility to scaleability to governance and that is: If you want to service this 2-tier market, you need a 2-tier protocol !

Simple as that  ;)

Who mentioned "50%?"

Where is this alleged firm support?

I do not see it.

Only 48 BTC in bids on Polo.

If someone (wisely) decides to be the first to panic and sells 10 Masternodes (10,000 coins), the price quickly goes below 0.0001.

 :'( DASH :'(

If panic selling about 10 masternodes  occur, the price will fall down...
The man who get 10,000 coins would be happy, because his costs is  low  in making a masternode.

How much do you guys make trading DASH?

Scarcity (also called paucity) is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive resources to
fulfill all human wants and needs.

The number of masternodes has reached a new ATH today by the way : 3409
(http://178.254.18.153/~pub/masternode_count)
This tells us that a lot of the Dash currently bought on the market are put directly in new masternodes.


 

Resistant little thing, isn't she ?  ;D

https://www.coingecko.com/en

Dash is falling down the chart because of its comparatively paltry (and objectively stagnant) pace of development.

Dash had 1 commit in the last 4 weeks, while Monero had 71.

I didn't know anyone is still using the coingecko site as point of reference, most use coinmarketcap these days
as that site shows a far more clear and objective picture. I actually deleted my shortcut to Coingecko a few months ago
as they have a pretty weird system of "points"   

With regards to Dash github commits versus your own coin github commits, do you really want to go there ?
Maybe we should compare the Dash commits over this last year with your own coin ? We can do that if you want..

Results will be pretty predictable though as Dash has been heavily developed over this last year and is working this
last 4 weeks on the next large update named Evolution which is still in internal phase and therefore of course not visible
on github yet.

"Internal phase?"

What kind of shitty project is developed in secret?  I mean, besides XC and Dash?

Charlie Lee: “Litecoin Does Not Need Development Right Now”

Forgive me for my ignorance, but can someone guide me to a HOW TO guide on setting up a masternode?

Thanks  :)

https://dashtalk.org/forums/masternode-guides.66/

(i would go with Tao's guide first, lots of detailed explanation)

tjeez, i dont know .. uhm.. Google ? Apple ?  Microsoft ? Actually pretty much any company that is developing a product and are still in development stage and have competition to think about ...  

and with regards to coingecko, i think i deleted my shortcut after i found out that site gives Litecoin 74 developer points.... Litecoin of all coins.... unbelieveable.


Definetely a weird points system.

Source Code Repository Activity

CoinGecko tracks the development activity of the coins via public source code repositories. The reason why we are looking at this is that some coins are no longer maintained by the developer thus those coins would appear very unlikely to progress over time. By looking at how much interest and effort goes around the development community, there is a chance that the coin will continue to innovate according to how the cryptocurrency market sees fit. (eg. Github, Bitbucket, etc.)

Another day, another drop for Dash:


#R3KT

Your welcome POM


Some info that could explain why Dash took such nose-dive in price

https://i.imgur.com/TIUEWlJ.jpg

Great, so there are 6 million coins in circulation and a 40k dump spread over weeks caused a nose-dive.

Yeah definitely sign me up  ::)

...

Disclosure of Dash Evolution imminent, T minus 9 days....

Sure, no problem. Best is to sign up at our Dashtalk forum. Thanks for your interest.

run away from falling DASH
DASH is 0.0060 level now.
BTC is good, powerfully assending.



Daily Altcoin Price Analysis: Dash, Dogecoin, Litecoin

http://cointelegraph.com/news/115739/daily-altcoin-price-analysis-dash-dogecoin-litecoin

It has been lower before, this is not big news.

Dash :(

Well, it is certainly turning into a bumpy ride these last few weeks with BTC unexspectingly rising and thereby draining several altcoins (including Dash)

Current trend (downward) seems to be approaching its end, lets see if this brings price-reversal or starts a new trend :

 ::)

and what are you basing this analysis on?

OK you already posted the price chart and the depth chart

So what is it that makes you think "Current trend (downward) seems to be approaching its end" exactly?

Looks like the current trend downward is only beginning

Thank you DASH for making me a little bit O BTC today with your bump...

Keep up the good work guys..

Dubious distribution at the beginning, and basically the same game as any other 'shit'coin. Wouldn't touch this with a barge poll. Put up 50 btc bid somewhere near the top and watch it dump.

pretty much this.

I love how these guys are celebrating after a rise from 0.0055 to 0.0065 .. it's down 75% instead of 80% in 6 months and they celebrate  :D

https://i.imgur.com/UXlNiaY.jpg

https://i.imgur.com/kORS2ts.jpg

Why do i have the feeling something is boiling .... and about to explode ?

because thats is a nice cup and handle formation LOL

Big change in Crytocurrency
Blockchain would be accepted in major bank. So bitcoin value increase now.
Also it is possible, sunshine to DASH    :D

Market-watchers offered theories ranging from the falling price of the yuan, to the media hoopla around a supposed unmasking of Satoshi Nakamoto by two prominent technology publications, to an abundance of positive newsflow around the blocksize debate.

Daniel Masters, who runs the Global Advisors Bitcoin Investment fund that is widely known as GABI, said a weaker yuan was driving Chinese investors into bitcoin. The yuan has fallen 4% against the US dollar this year. He told CoinDesk:


"It's pretty simple in my view ... A domestic Chinese investor is faced with falling yuan, falling commodity prices and falling real estate prices. One of the few alternatives is bitcoin, which is negatively correlated to all of this."

Indeed, the exchanges with the most volume traded were the ones based in the mainland, with OKCoin and Huobi leading the way. Observers have previously noted that exchange volume figures, which are self reported, should be treated with caution because they can be manipulated.

Masters said China will continue to be a major factor driving the bitcoin price up in the long term as its economy continues to slow and the yuan sheds value.

The Wall Street Journal reported four days ago that the bitcoin rally was being driven by traders arbitraging the cryptocurrency and units of the Bitcoin Investment Trust (GBTC), which is publicly traded.

Looks like the price is either going sideways or slowly starting to move upwards

Good call.Cheers :)

https://media.giphy.com/media/GQfa7FZHv0x8Y/giphy.gif

 ;D

what is the realistic dash-moon 's price  ?

3 usd, 30 usd, 300 usd, 3000 ???

pretty much this.

I love how these guys are celebrating after a rise from 0.0055 to 0.0065 .. it's down 75% instead of 80% in 6 months and they celebrate  :D

Well if it forms but i`m not so sure that will go down to 0.0057

Who knows? But if the head is 97 and the neckline 77 then 57 would be the target. At least according to the theory.

https://i.imgur.com/jJ1BPZV.jpg

 ;D

any more prediction ?

Can someone post some TA on dash? what is your price prediction for next few months?

Fixed it for you.  Img courtesy of http://www.pecindia.in/centrifugal-sewage-pumps.html

Can someone post some TA on dash? what is your price prediction for next few months?

If you can point me to a site that has some good charting tools I  would be happy to. :) I used to look at bitcoinwisdom...but I think it only has cryptsy now (?).
There are several ways at least to calculate price targets, but we still have relatively little data. That said, I think we can come up with some levels.
I think we could be looking at totally mad prices myself though I have not done any specific technical analysis using any methods. The previous highs are obviously very important now though.
I've been buying for the madness but prefer for the longer term to focus on coins with no clear weaknesses in their set up.  It's tragic really as Dash seems to have so many interesting ideas.

Can we achieve 0.1btc?

Wedge looks to finally resolve this weekend.

But which way, up or down ?

Any prediction for the future? Price is about 0.009BTC now.  ??? ??? ???

Dash is one of the very few altcoins that I actually like and don't refer to as a shitcoin.  Gonna buy some today.as a matter of fact.

For those of you curious to see what 1 DASH = 95 BTC looks like on a graph : http://k.sosobtc.com/dashbtc_btc38.html

https://i.imgur.com/9tKO42D.jpg

This happened at BTC38 two days ago, the exchange in question got closed shortly and reverted some trades (not only trades of Dash from some other cryptocurrencies as well)
At the moment the DASH / BTC pair on BTC38 is still delisted from coinmarketcap and Dash trading on that exchange is minimal.

FYI


 
 

For those of you curious to see what 1 DASH = 95 BTC looks like on a graph : http://k.sosobtc.com/dashbtc_btc38.html

https://i.imgur.com/9tKO42D.jpg

This happened at BTC38 two days ago, the exchange in question got closed shortly and reverted some trades (not only trades of Dash from some other cryptocurrencies as well)
At the moment the DASH / BTC pair on BTC38 is still delisted from coinmarketcap and Dash trading on that exchange is minimal.

FYI


 
 

btw if think about it, some of us has become billionaire or millionaire   for that split second  :D :D :D

Lol, Dish Coin. 

Don't know about all these charts that y'all are posting, but I still like Dash and I'm buying a little bit at a time.  And I'm going to just hold, not sure how long but for some reason I like Dash.  And yeah I know about the instamine and the politics behind it, but still

Is this what we are going to witness?https://i.imgur.com/oMss7HO.png

why dash still not have any big pump?

Looks like Dash is diving firmly into the 0.023 range, hopefully Dash builds some support there and push forward

ATH of Dash (0.028000) is coming into view....

https://twitter.com/gusterfafa/status/765420719400296448



https://pbs.twimg.com/media/Cp9SFCJVMAAIwK2.jpg:large

buy/sell ratio is higher than other coins.
--> buy/sell ratio changed to 0.9 level at 16 Aug 2016  06UTC

buy/sell ratio Dash 1.57 according your data ?
edit : found an interesting link by the way
http://newbium.com/markets/buysell/DASH.html
date 17-08-2016

Demand versus Supply

http://newbium.com/markets/buysell/DASH.html
https://i.imgur.com/F4yPH1e.jpg

Market Depth

https://i.imgur.com/sqapem9.jpg

Buy Support : 0.02425000 (2.5K buy order)
Resistance : 0.024890 (1K+ sell order) & 0.0259000 (1K sellorder ) & 0.026000 (1K sell order)

I was happy when Dash rose to ~$14 yesterday only to see it fall to ~$13 today :-\ I want to believe it will continue in its wobbly upward trend, but only time will tell.

Can someone help me with this DASH related speculation (https://bitcointalk.org/index.php?topic=1599461.msg16063801#msg16063801) question?

Updated coin scores
Xmr pumpped and it is expected in the buy/sell ratio

2016/08/24 coin-score
XMR pummping
buy,sell changed to demand,supply
https://i.imgur.com/HJQgWtK.png

https://i.imgur.com/HJQgWtK.png


Real time DASH data
http://newbium.com/markets/buysell/DASH.html (http://newbium.com/markets/buysell/DASH.html)

https://i.imgur.com/F9Z7wvf.png
https://i.imgur.com/zT7LpdP.png

I think
between 13~15$,  large number of masternode owner change.

But 100~150 masternodes reduced    : too small number.
 
Can you explain this ?

For discussion's sake, I speculate that Dash will begin to drop in price any time now. There was a big sell down a while ago that could be made by a Dash whale followed by a rise because of the traders playing the market. Whether or not that was the first of more big sells from the said whale is arguable. But I will not discount the fact that it might be. Please share your thoughts and predictions.

For discussion's sake, I speculate that Dash will begin to drop in price any time now. There was a big sell down a while ago that could be made by a Dash whale followed by a rise because of the traders playing the market. Whether or not that was the first of more big sells from the said whale is arguable. But I will not discount the fact that it might be. Please share your thoughts and predictions.

Price
https://cryptowat.ch/poloniex/dashbtc/4hr
https://i.imgur.com/7ItgBY5.png
Price has started to visibly rise again, currently topping at 0.02017695

Market Depth
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1
https://i.imgur.com/Il5R09d.png
Most of the resistance seems to be focussed at 0.02129000 (1.4K sell order)

Demand versus Supply
http://newbium.com/markets/buysell/DASH.html
https://i.imgur.com/iVXR12Q.png
Impressive and very healthy looking demand, consistently outclassing the supply

Number of Masternodes
http://178.254.23.111/~pub/masternode_count.png
https://i.imgur.com/D60MPul.png
The number of active masternodes has grown back to 4114, ATH is currently at 4154.
 

Dash has proven to have strong holders while Monero looks like it has been overbought. What will happen now I speculate is that Dash will be higher in market capitalization again. Dash has been consolidating all this time and it might be pumped again in the near future.

alt-coins depression  : starting ?

https://i.imgur.com/KEG2b7d.png

https://twitter.com/gusterfafa/status/785411357197766656

Dash just broke a major psychological support line when it went below .015 BTC.  While it went back up above it, I won't disregard the fact that it could go below it again and stay there.  As I mentioned in my speculation thread weeks ago, short selling Dash is best for now.  The next major psychological support is .01 BTC.  Let's see if it breaks that in the coming months.

long price growth up to 0.03 a year

Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
- Francis of Assisi

If opportunity doesn't knock, build a door.
- Milton Berle

What you get by achieving your goals is not as important as what you become by achieving your goals.
- Zig Ziglar

If you do not expect the unexpected you will not find it, for it is not to be reached by search or trail.
- Heraclitus

I think that recent good condition of Dash is mainly caused by this news: https://www.dash.org/news/announcing-dash-evolution-and-the-worlds-first-decentralized-application-programming-interface-open-source/ (https://www.dash.org/news/announcing-dash-evolution-and-the-worlds-first-decentralized-application-programming-interface-open-source/)

The problem is that Evolution is such big update that we probably even won't see it in 2017, release date will be pushed to 2018.
But with massively improved scalability - and if we believe developers: hundreds of thousands of transactions per second will be possible, Dash will be probably the best altcoin to invest in in 2017.

Hi Egghead123, do you have links to those charts for us ? thanks

Here is something i found on xBTCe, although that already seems a bit outdated as the price has recovered a fair bit after that post (to be fair the post was from the 29th of december).
https://www.xbtce.com/en/news/more-losses-for-ether-dash-breaks-support/

https://i.imgur.com/cHWtDCD.png

Dash is currently trading at 0.01178504 and above article pretty much confirmed a break of the 0.0133800 is needed to continue our uptrend (they actually call it breaking the 0.01332).

Warning : DC Charts seems to have problems with their website certificaat, do not visit that site till it gets solved !! (i sent an email to them)

learning a machine to do neural prediction but cant vouch for it yet.

Interesting, i know a lot of big tech corporations are into that as well.

Happy New Year !!

DSHBTC, H4, 2017.01.01 13:13 UTC

a little reminder from post 1 :

* Self-moderated thread, accusations of scam towards Dash will not be tolerated
* Please stay On-Topic and do not promote other altcoins in this thread

OK, here is my post without the controversial part.

https://i.imgur.com/VnMSdfG.png

Better?

I love how Dash is holding its own even while Bitcoin is climbing!  Go Dash!!!!  ;D

thats the spirit !  ;D

I think Dash will be trying to break into the 0.012 range soon, hopefully it can create some support levels there.

Wow, look at Dash go!!!!!  0.0138 on Polo!!  The ATH in EUR has been well smashed, hasn't it?  I wish I'd bought more....  :D ;D

always believed in the DASH think can get into the top 3 market cap

Dash literally blew through all earlier resistance and overall long term trend still looks positive even if there is a large retractment.


https://charts.mql5.com/13/665/dshbtc-h4-distel-enterprises-co-2.png

My opinion is that on xBTCe fake DASH volume.

look orders on xBTCe
dsh/btc
http://imgur.com/3lXKXxc

dsh/usd
http://imgur.com/5a2PloQ

You do not see this strange?

Thank you for your reply, i posted your remarks in our Dash forum and i am currently awaiting feedback.
You can follow it here : https://www.dash.org/forum/threads/how-can-you-tell-if-an-exchange-is-faking-their-volume.12687/  

You can see this here:

http://qora.tech:9090/xbtce/

This a 4 hour chart from today showing a bearish signal but if you look at the prediction(white candles)it still favours a spike upwards before retractment.

https://charts.mql5.com/13/745/dshbtc-h4-distel-enterprises-co.png

This a 4 hour chart from today showing a bearish signal but if you look at the prediction(white candles)it still favours a spike upwards before retractment.

https://charts.mql5.com/13/745/dshbtc-h4-distel-enterprises-co.png

Where do you have this data from ?
On polo it didn't reach 0.016 in January yet.

https://www.dash.org/forum/threads/proposal-business-development-major-exchange.12881/
https://www.dashcentral.org/p/bsdev-general-201702

This is interesting, lets play a guessing game  here :

Which major exchange do you think it is ?
How will this effect Dash price ? (okay this one is pretty easy to answer i guess  ;D) 

Current Dash price 0.0165888

https://cryptowat.ch/poloniex/dashbtc/4hr
https://i.imgur.com/ggxgFQA.png

Looks like smart money is already moving in...

Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?

This sounds really suspicious to me.

On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?

Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?

This sounds really suspicious to me.

On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?

I'm really excited about this!  Is there any confirmation yet that DASH/EUR will be available?

Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?

This sounds really suspicious to me.

On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?

Due to coinmarketcap excluding the volume of xBTCe recentely (coinmarketcap seem to exclude any exchange that uses no trading fees/other, even volume from important chinese exchanges
like Huobi, BTCC and OKCoin gets excluded), the overal volume of Dash on coinmarketcap has been adjusted downwards to :

https://i.imgur.com/f723NHr.png

Personally i think this will give an inaccurate overview of the volume both of Bitcoin and altcoins in general on coinmarketcap.
  
  

Inaccurate you said ...

The recent happenings in China with the help of PBoC showed that it was totally accurate to exclude that volume ;)

Market would select retrace or run-away.

1.
Dash show strong trend.
check point  : only 0.018~0.019btc  and 0.026~0.028btc
                  : after this price, run away pattern

2.
Long time holder could sell with large profit.
Check block explorer  if coins move to poloniex.

Well, i have to confess i do like the current numbers better :

https://i.imgur.com/3WgPn7h.png
https://i.imgur.com/WP6lcrV.png

* this is with xBTCe volume excluded, which means the actual total Dash volume is even higher but impossible to tell how high exactly.

Thank you for bringing this up DaveyJones, i appreciate it.

IMO hitbtc should also be excluded for ANY coin they have listed. Just as example recently they showed sth like 2M $ volume for monero with an orderbook that was like 50 btc deep to both side... thats impossible

This proposal seeks funding to cover the costs of integrating Dash into a major cryptocurrency exchange with fiat funding. Over the last several weeks the Dash business development team has been working closely together with one of the leading exchanges to define terms of collaboration that ensure a path for growth for Dash liquidity and direct access to FIAT trading.

Our new exchange partner recognizes Dash’s potential and is committed to working with us in an active relationship to facilitate access to our network and build a reliable market for Dash user services to clear transactions. They are expanding their service offerings and will include Dash for other areas of their business as we expand our relationship.

We received a specific request from the exchange to not reveal the identity of the new exchange platform at this stage of the process as a proper launch needs to be planned and executed.

Why does Dash has to pay 50k$ to an exchange for integrating it ?
Did Bitcoin/Ethereum/Monero pay anything to get integrated?

This sounds really suspicious to me.

On top, where does the money from the Dash Foundation come from ? Is there such a big pool so that you can just throw around 50k$ like that ?

So who do you guys think will be the new major exchange that will add Dash ? Appearently it is a major exchange with FIAT trading pairs.  

https://www.dash.org/forum/threads/proposal-business-development-major-exchange.12881/


It should be more clear in a few months but lets speculate anyways...
 

I'd love for it to be Kraken, I'd be very happy with Bitstamp, but I'd put my money on Coinbase, because that's the one I couldn't use because it doesn't work with euros.  Would still be a coup for Dash though  ;D

As I said to my customers: dash goes up to 245k and I sold st this point $$$ :)

You are so pathetic by posting this, sorry but you are just hyping Dash all the way.

Please don't try to get ppl in this manipulation game.

Orderbook is just worthless.

You can just post the same book the other way around 1 hour later. Why don't you do this to get a more accurate picture ?


Won't take you serious anymore, sorry.

The price is $46,21 already, what are you thinking about that?  ???

Since I'm not allowed to comment, I'll just leave this here for everyone else to discuss.

https://s2.postimg.org/szkdrfgix/Dash.png

Talk among yourselves....   8)

DASH added to BitFinex for those that didn't know  :)

DASH added to BitFinex for those that didn't know  :)

At the time I'm posting this Dash is @ 45.35$ (https://coinmarketcap.com/currencies/dash/). Anybody know if this is organic or if this is just a bubble?

Dash has been in an uptrend for a couple of months now, resulting in a dramatic price break-out. Time will tell if this is indeed a bubble that could burst at any time
or if it is due to an organic rise.

Personally though i think Dash deserves that third rank on coinmarketcap as it kept developing its cryptocurrency from the moment it was launched till this very day.
Dash Evolution is also progressing nicely with an Alpha release scheduled for mid summer 2017. This will bring Dash massive scalability and a distinct focus
on the ease of usability.

Link : https://www.dash.org/evolution/

Maybe some large whales are taking positions in Dash right now because of that, or maybe there is a stronger tendency to diversify into promising altcoins ?
Who knows....
    

    

... or a large leveraged Dash long position. Ever wondered why 500 Dash masternodes were removed from the Dash masternode network on February 26, 2017 just before the breakout? http://178.254.23.111/~pub/Dash/Dash_Info.html (http://178.254.23.111/~pub/Dash/Dash_Info.html) My interest in this by the way is the coin that is a likely candidate for the corresponding short position.  ;)

Edit 1: Just a theory. https://bitcointalk.org/index.php?topic=753252.msg18068376#msg18068376 (https://bitcointalk.org/index.php?topic=753252.msg18068376#msg18068376)

Edit 2: By the way Dash does deserve congratulations on Bronze

...
Those 500 Dash masternodes were actually kicked from the netwerk as a spork got activated that day that ruled that only 0.12.1 masternodes were allowed on the netwerk. Its part of Dash controlled hard fork into update 0.12.1

Thanks.

Fair enough. Still I would have expected the number to drift back up as people upgraded, even if only part way, since a week has passed. These people after all have a significant financial incentive.

Hello,

Is it time to start selling Darkcoins and slowly slowly move back to home (Monero)? Or shall we still wait some time?

Hello Sleeping Beauty, you must have been asleep a long time!  The prince who kissed you should have told you that Darkcoin is now Dash and that you are welcome to go "home" as soon as you like.  Some might say the sooner the better  :)

ok i think the bull momentum has stall

waiting for the great dump

If that happens someone would eventually make a huge sell followed with DDOS on masternodes to bring them all down and pick dash again for scraps before they invent some means to prevent that. I think we will see huge panic sell anyway if favor or recent TOP losers.

And it will rise again within the next days. I think 0.05 still possible.

Could even be possible today...

1 Dash = 0.04299999

1 Dash = 0.04555
1 Dash = $53.83
Dash volume (last 24 hrs) : $22,332,400

If Dash can breach 0.04784 and then also 0.0485, we could enter the 0.05 range at last
and establish a new ATH.

The denial of the ETF for Bitcoin could make large Bitcoin holders rethink their diversification
strategy. Possibly making them decide to invest more into Dash then they currently do.

Specially when one considers Dash expanding growth rate : http://dashdetailed.com/2017/02/07/why-arent-we-seeing-greater-cryptocurrency-adoption-easy-to-read-format/

https://i.imgur.com/iaHGvo0.png

 

The price is certainly on an uptrend

Dear Dark coin community,

What is the reason you guys want to pump this coin beyond Monero?


Best regards,
T.C.

Please repost your question with our correct cryptocurrency name .. thank you.
(which can be found just 10 centimeter below this post)

Actually I like the idea that this coin has the main use case of running Masternodes. It is a good thing from the perspective of an investor since (s)he knows there will be demand for the coins so it is unlikely to see a situation of no demand for coins.

Actually i think Dash main use case will be much more clearly visible in 8 months, this is just smart money moving in i think.
And its main case will not be about masternode profits (although the masternodes are vital to it).

What will be the main use case of this coin in 8 months?
Masternodes are a good way to lock the coins from the exchanges... Right now in Poloniex there are around 20 k coins for sale (give or take) so even a small increase in the demand of this coin will make the price to skyrocket.

Its about having an effective instant decentralized payment solution that is missing currently in the financial markets.

Oh I see... To me this sounds more like a feature, not a usecase.
The problem with cryptos in general is that there is very little to no use for them in the real world (other than trading on exchanges).

That is because Bitcoin failed to be adopted in the real world on mainstream level. Point of sales markets where you can pay for a product and have it confirmed with like creditcard speed
are just out of reach for Bitcoin with its 10 minute confirmation time and increasingly higher fees. Dash has basicly nailed this aspect and can therefore open many more (new) markets then Bitcoin
ever can.

Dash is currently like a wet dream for longterm investors as it is getting close to provide the complete package to the world (Dash Evolution) and has a great track record on delivering what it promise.

  

I agree that this particular coin has catched my eyes but I am not willing to pay the current price for my coins.
Much better to wait when the drop comes and try to bottom-fish... Probably I am going to buy next round this one but now I just need to follow the price movement and wait for the right time to enter.
When do you think there will be the next major correction?

No, Bitpay supports Shapeshift integration, but I don't see them supporting any other coins directly at least this year. Later on we will see if they change their position as the market continues to shift to multi-blockchain, but don't expect anything there this year. Neither for Dash or others. I know this from good sources.