Which is why bitcoin is not about to replace it. There are many "alts" already doing so instead.

Bitcoin may replace the gold sitting idly in vaults.

Not saying Bitcoin's technological characteristics aren't appropriate to its needs. I'm just saying they're no use when it comes to a lot of "other" needs :-)

That's why the market has diversified.

 • it does not support any realtime service protocol and so can never deliver native API services
 • it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick

I am a proud owner of alts.

Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio.

Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay

Indeed. They're only slightly less fraudulent than the $US dollars "printed form thin air" which are driving the current stock market to Kingdom Come.

Take your pick

I thought I was on a 9/11 conspiracy site there for a minute.

They are not at comparable blockchain transaction volume. One is more than twice the other.

BTC perfectly on course.

One of the best stores of value ever - UNO - continuing to power on in the UNO/BTC market

Breaking out of its double top now

I ran that post through the BCT psycho-translate service in opprobrious sockpuppet mode and this came out:

 • Ouch
 • Dash approaching the base of its trading channel about to reverse up
 • Monero at full stretch about to reverse down coz...
 • ...dying - blockchain bloat taking over the planet and nobody can breath, let alone sync
 • wallet barely works and is turning my PC into a hovercraft
 • community bouncing off the walls cos centralised, only-useable-wallet won't give them their MoneroV
 • the "all it had going for it" privacy algo torpedoed by fork
 • ADA collapse means 6th place is within a 50% reach for Dash. Easily achievable given it's at maximum compression
 • better resume Dashthread posting + call in bedroom sockpuppet reinforcements + "don't shoot the messenger" quotes

Hey - I'm just the "messenger" here. Don't shoot

Binance wasn't hacked.

It was just some dodgy API clients that decided to go rogue and take over their user's accounts.

"Daisy Daisy...."

The bitcoin world has seen plenty of "avalanches" including 90% retraces and more.

There are assets where volume matters and ones where it doesn't. Mona Lisa's for example aren't measured by their market "volume". Diamonds don't trade in supermarkets, so I don't accept your analysis in this particular case.

Why does bitcoin have value ? Because markets that are looking for a reserve monetary asset (as opposed to a technology or equity stock) fear one thing over all others - ambiguity.

Bitcoin mitigates ambiguity more than any other crypto can simply because it is the earliest and most branded of all blockchain assets. Imagine in 100 year's time with a gazillion cryptos or future virtual assets floating around what will be more difficult to reproduce ? Some arbitrary thing that was created in the year 2067 or an original who's origin goes right back to the dawn of non-tangible assets.

The distinction that something like Unobtanium has is that it's far less liquid and occupies its own sector - basically functioning as a type of "art market" in the crypto realm.

That's why it didn't die and is now on a permanent road to a major revaluation IMO.

Try picking up even 1 UNO in the year 2030 and see how you fare. There are less than 200,000 in total supply and a crypto that rare is never going to be - never can be - created again with the same age.

Yes they do actually.

Because the entire nature of these markets is characterised by two harmonics interacting with each other:

 • speculataion
 • fair value

If you've been around for a few years you'll have noticed that anything that comes onto the market always has a bow wave. Litecoin, Peercoin, NxT, Bitshares....you name it.

That "bow wave" is fuelled by speculation over some apparently unique characteristic. Then as new stuff comes along people forget about it and with profit takes - the asset "fades away".

But the unique characteristic didn't "fade away" and for a very select few of them starts to be revalued at fair value. That's what's happening with Unobtanium - one of the few early Alts created in the "supernova" of 2013/14 never to be repeated. It was expensive, then cheap and now getting expensive again, except this time for real rather than speculative reasons.

So the prices we're seeing now (even measured in BTC) are likely never to be revisited.

I keep saying it and it keeps happening.

The one no-one's watching - Unobtanium. Now 4 years old.

Try getting your hands on it - you can't.

Now $170. Immense !!

Eliot wave mumbo jumbo ?

Must be bullish !

More panic buying on Stamp.

Earwig. Low.

Bitcoin scramble on Bitstamp.



Breaking out of that double-top would be a relief.

I don't really agree with this appraisal.

Dash continues to be one of the best stores of value for the "average small investor" on offer. That's where the "advantage" lies.

The small investor can invest any amount in masternodes they like without requiring to hold the full masternode collateral. On top of that, Dash's marketcap growth has mainly come from exchange rate rather than coin supply supply growth over the last few years. This means that the marketcap growth is directly felt by an "average small investor" with a static holding.

Compare that with other coins like (say) Monero where only a fraction of the marketcap growth is transmitted to individual holders relatively.

Finally, Dash is an original in its space and remains largely unchallenged amongst the pure monetary cryptos of which there are only around 5 in the top 20 ranking marketcap assets. In particular it:

 • inherits bitcoin's codebase
 • supports a service tier protocol independently of the mining protocol
 • that in turn allows it to perform in realtime as opposed to blocktime and so can be used for online payments
 • it also allows it to support full anonymity without ditching the transparent blockchain (the property that turns crypto form "just numbers" into "money")
 • and will allow the network as a whole to function as a decentralised API to provide "Stripe" like levels of embedded accessibility to client apps

Here you go:

I would too if I was holding the XMR bags that you apparently are