Some time ago (4 months ago i think, maybe longer ago) a wellknown Dash user (who's name i forgot by the way
) posted that Dash would unbelieveably drop to $200.
At the time that seemed like something totally unrealistic to post as Dash (like all the other altcoins) was trading at a much much higher price level,
so i did not put much thought to it. But then Bitcoin market started to change into a severe bear market, dragging the altcoins with it and here we are at $239,-
Kudos to you, whoever you are (and no, i dont mean you icey
)
I think once Bitcoin reaches a clear bottom (which i suspect will be in the lower $5000 range) and starts to trade sideways for awhile, most of the altcoins
will recover and end up in a bull market. Some altcoins though will profit more then others, i suspect Dash will be one of those
altcoins that will profit more and will be able to reach a new ATH.
The reason i think that Dash will profit more is because some altcoins that risen to the top 15 are to this day still too much hyped
and will most likely end up getting further price corrections. Dash is very carefull about not hyping its project too much and started
its process of price corrections earlier, therefore needing to price correct less and less by now.
Once more regulation takes place and institutional money can more easily enter the market, things will change rapidly for both
Bitcoin and valuable altcoin projects like Dash. That is when longtime investors will truly get rewarded and that is what i'm waiting for.