Dash is in a downtrend relative to BTC and other alts. That is because it made a large leap in price before the others.

I expect the relative weakness to continue for a while yet. Could go either way after that.

Stable price is good. Encourages users. Hopefully will stay steady in $80 to $110 range for a few months now.

Not very likely. If Cryptos rise that much, then the whole monetary system would be screwed, and a million bucks will not buy anything like it does today.. If you aim to be a millionaire, you might need an investment of 100k plus, in an optimistic scenario.

Ether price per unit just passed Dash BTW.  Diversification would be wise.

A pump would be very bad news for Game.


Slow and steady price is very important in a real-use currency.  Sharp increases caused by speculation lead to an overhang of sellers, and the consequent falls deter actual users in  a big way.


Sometimes currencies can recover after a very long time, but often they never do.

Why the change ? 

What ? Did it drop to $30 (or lower) ?

That is my idea of 'dump like no tomorrow'

Then again, it was $30 just a few months ago, so even that would not be so bad

Good. List the priorities. Rebranding involves many tasks, and can take months, even for a large team.

PROTECASH


This name suggests :

ProfessionalTechCash

ProtectedCash

ProtoCash


Not used by another project.

In order to come up with a new name, we must be aware of the Key Features distinguishing ZDash from other altcoins, as well as the features which it has in common with other coins.

Additionally, a road map of future (obviously provisonal) projects and use cases would be useful.

Suggestions please, to summarise features and future plans in a succinct post.

Yes, remains to be seen . The chart pattern holds only insofar as all patterns are 'temporary'. 

The inference I draw from that chart is that Dash is due for a pause in price appreciation. Whether or not the big, long term trend continues, is not necessarily related to the medium term chart indications.

Most ppl here hold to the big-picture view that Cryptocurrency represents a long term rotation away from fiat, and thus it would be risky to sell out at any time (let alone short !).

Trading with that mindset must, of necessity, be merely a matter of adjusting weightings between cryptos.

Yes, thats right.

This is very similar to late 2013, with the whole Altcoin space pumping in relays, and BTC hanging around ath. Huge profits are easy to come by, but they are ephemeral : lots of ppl think they are great investors, but a rising tide is raising all boats.

We know how it will end.

The prime imperative now is to pick the survivors of the future downwave, and to not be invested in the alts which will eventually go to zero (the vast majority will).

There is still a bit of time to select and switch, and some spectacular rises will draw in the unwary. The bear market, when it comes, will be long and brutal.

Predictions about price are usually confounded.

However,  I put the chart case above, as that has just shown a classic pattern, combined with falling volume. It would also make sense, if you look at the way alts are moving. Each coin goes through price cycles. Dash was one of the first large ones to make a big move up (looking at the last 3 months), and is therefore due for a breather whilst others catch up.

Textbook chart pattern. Quick pump to peak 10% below last ATH. Then slow drift down.

That is a classic failed retest, normally leading to a long downtrend (or at best sideways drift).


Substantial fall in trade volume confirms that as well. Dash had a good run, but it is over for now.

What do you think the effect will be , during the next few months, from Game to be sold after the crowdsale ?

I know the stated intention is to sell privately, not on exchanges, but it will depend on the level of demand even so, and the amount is open ended (1.5 Million so far, but has no upper limit)

Price discovery is not possible when the floor is OneBTCsatoshi

The coin needs to be listed in LTC or DOGE

Individual Gamers viewpoint will vary. Yes, generally people like to have more units at a lower value, than less units for the same total.

In the wallet, a counter which shows milliGame units (like in the Bitcoin Electrum wallet) might help overcome that.

What you are saying is that it would be better if there were more units ie 1BN rather than 60M... because people like to have more smaller monetary units, even though cryptocurrencies are highly divisible.

It will be a lot more than 800k ..Already nearly a Million after 3 days. The biggest amount might come in the last 7 days : there is the greatest discount then !

Anyway, whatever the amount, it will be a good move to distribute it amongst active supporters and devs : not too much with investors or speculators. Investors (Speculators even worse)  incentive is to make a profit ie sell at some point. They are  more passive, whereas devs and promoters are incentivised to more action.

I expect (and hope) that the price will not move ahead for a while. A pause is healthy : real development is always what is needed most.

After the Crowdsale the first effect on price will be the sale of Game which was subscribed to MobileGo. This is 700000 after 2 days, but I would not be surprised to see it at many millions.

Marketing will impact on price late in the year.

I am thinking I may have been optimistic in my guesses, but am still looking to buy more Game around 0.0004  (c.50c at prevailing exchange rate)...depending on how the Crowdsale turns out. There are always some unexpected issues in these projects !

There surely must be a cap ?

What would be the consequenses if, say, 20million Game was subscribed for MobileGo ?  What about say 200k Bitcoin ? 

These figures may not be so crazy far fetched as they might seem,  speculation on crowdsales is growing exponentially atm.

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The MobileGo Crowdsale Dashboard is working well. Good quality planning !