[DASH] Dash Price and Trade Discussion Thread

[laughingAllWayToTheBank]

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 

lol.... as if we were missing you in our party...

[Days]

Happy that I choose development + innovation + excellent PR over forum speculations.   

[adhitthana]

Possible head and shoulders forming.
Crown of the head 97, neckline around 77, target around 57, I guess, if it forms

[wildduck]

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

[adhitthana]

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.

[qwizzie]

Price
https://cryptowat.ch/poloniex/dashbtc/4hr

Sell pressure is decreasing and we seem to be consolidating the 0.008 price range
The trend has started an upswing since the 22nd of December

Market Depth
http://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

Bid orders (blue) versus Ask orders (red) till 0.01227573 : 244 BTC / 345 BTC

[Days]

Some people care about the past and don't look ahead to the future; Dash with it's amazing team and innovation + the updates is what makes this coin a keeper.

[qwizzie]

Price
https://cryptowat.ch/poloniex/dashbtc/4hr

Trend has reversed upwards since 12th of januari on the 4H interval
Dash fast on its way to meet up and perhaps exceed the previous high-time price 0.0097 date 30th of december 2015

Market Depth
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

Bid (0.0060 till 0.0091) versus Ask (0092 till 0.0138) in BTC  : 135 / 242

[qwizzie]

Price
https://cryptowat.ch/poloniex/dashbtc/4hr

Price just exploded upwards, its like someone put some wings on the price and gave it a good kick in the .. the... you know what  

Market Depth
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

Strong buy support

Current Marketcap

USD

http://coinmarketcap.com/#USD

  

BTC

http://coinmarketcap.com/#BTC



Dash Markets

http://coinmarketcap.com/currencies/dash/#markets

Impressive Dash volume on Livecoin market

[noobtrader]

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.

any more prediction ?

[qwizzie]

And the rise continues, currently 0.01240509 with a strong buy support (14.7K) at 0.012

https://cryptowat.ch/poloniex/dashbtc/4hr
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

so far that means 17% increase over the last 24 hours

[adhitthana]

I've become a Dash bull. I still am very sceptical about it going mainstream, for reasons I've discussed elsewhere, but . I think there is the potential for a real bubble.

1. 6 million coins only
2. 3.5 million out of circulation in MNs
3. Masternode holders probably holding a lot more coins
4. Dash supporters are hardened and "true believers".

So we have a small supply and a lot of true believers. This could well mean that even though (or even because) development may take a long time, in the meantime the price could easily go up

[iCEBREAKER]

 

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

[adhitthana]

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.

any more prediction ?

It's not really a prediction it's merely standard technical analysis. This formation is well known, The japanese called it a 3 buddha top. Of course people who don't undrstand technical analysis love to imagine these things as being "predictions", and that if they don;t complete every time then they never do
I have traded them many times. Sometimes they complete sometimes they don't.

But stepping outside technical analysis I will give you a prediction. A huge bubble that will eventually disappoint fueled by little supply and true believers who shrug off anything negative
But in the meantime why not ride the bubble?

I'm going to play Dash from the longside and make more BTC...that's my plan, even though I believe it will probably fail. But that may be a long time off

[MightSellIt]

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

[qwizzie]

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

For the next few months we should easily pass the previous highlight of 0.01389000 dd 17th of january 2016,
How high it will get ? Depends on a few factors :

* if new investors are drawn to Dash after the North America Bitcoin Conference in Miami which starts the next few days  
* how effective the promotion campaign will be in the next few months (which has really only started recentely)
* how the sell pressure behaves the next few months (i suppose it increases as price rises)
* if the rise of masternodes continues, as its collateral (1000 Dash per masternode) is kept off market and likely to influence the price 

[qwizzie]

This is getting interesting now :

Price
https://cryptowat.ch/poloniex/dashbtc/4hr

Dash breaking through, hit 0.017

Market Depth
https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

Massive buy support

Coinmarketcap :

http://coinmarketcap.com/#BTC
http://coinmarketcap.com/#USD




  

[noobtrader]

 

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

man... i thought you were saying that Dash is collapsing  why u now post pic of pump ?

[qwizzie]

http://coinmarketcap.com/currencies/dash/#markets


Dash hit $6.06 on Dash trading exchange Livecoin

[adhitthana]

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.