dash will reach 0.02 like Etherum..?

[qwizzie]

to OP : i'm thinking it will reach 0.02 within three weeks.

The price is 0.017. So it is possible.

To be honest i think the price will go a lot higher then 0.02 in a few years, as a lot of things work in favor of holding Dash longterm instead of selling shortterm.
Some key elements to understand :

- Masternode Network : a decentralised network of full nodes that get rewarded for providing services to the network. 45% per block reward is going towards masternodes and the number of masternodes  is growing fast (see my signture for details). This will have an impact on the liquidity of Dash over time as each masternode needs to have 1000 Dash in collateral (on a cold wallet in full control of masternode owner) to verify to the network its running as a masternode, making available supply for the market less and less in time (creating scarcety)

- Decentralised Governance and Budget System : masternode owners get to vote over budget proposals from the dev team and from the community, thereby giving them influence over Dash's path forward. 10% per block reward goes to this decentralised budget system. Sell the collateral and you are giving up on voting over budget proposals and you are also giving up on receiving steady masternode payments (12% per year, scheduled to decrease over time)  

- Miners : GPU and recentely ASIC miners have less impact then other cryptocurrencies due to Dash two-tier system (miners + masternodes). Miners just like masternodes receive 45% per block reward.

The more the price rises, the more valuable both the masternode/miner payments and the budget funds get. This leads to increasingly more money (FIAT) getting available for development and other projects that directly benefits Dash and its ecosystem (currently its mostly masternode related, all kind of companies and services have popped up lately with regards to hosting and or sharing masternodes, basicly stepping in this little new market thats Dash has created for itself).

To summarize : Dash isnt just a cryptocurrency, a price you see somewhere on coinmarketcap .. its a cryptocurrency that is creating its own ecosystem of services that will directly benefit Dash and its focussing on not just anonymity but on all aspects of money to make digital cash work (anonymity, instant transactions, fully fungeable coins, low fees, decentralised budget and governance) while keeping close taps on Bitcoin
(Bitcoin updates are fully implemented in Dash, making it very easy for merchants who use Bitcoin as paymentmethode to also include Dash)      

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[Nxtblg]

to OP : i'm thinking it will reach 0.02 within three weeks.

The price is 0.017. So it is possible.

In this kind of market, it's possible; sure. But will it last? I honestly don't know. When DASH was flying high - back when it was still Darkcoin - it did get up to 0.02 but it didn't get much farther. Over the very long term, 0.02 is close to the ceiling and nowhere near the floor.

[Days]

Didn't DASH reach .02+ like 3 times already? and man this thread is mad full of Monero haters lol.

[ArticMine]

Dash reached a high of 0.028 XBT in May 2014 and a lower high of 0.025 XBT in March 2015 so Dash reaching 0.02 is not that big a deal. The real question is will Dash break 0.025 XBT? https://poloniex.com/exchange#btc_dash. For those that wish to compare Dash with Monero the DASH/XMR chart is relevant. https://poloniex.com/exchange#xmr_dash The historical trading range for Dash has been between 4 and 6.5 XMR with a couple of tops up to 17.215 XMR and 15.2 XMR. As in the case with Bitcoin the second top is the lower of the two.

On the upside I would watch 0.025 XBT for Dash. On the downside I would watch 4 XMR for Dash.

Edit: Added Dash/XMR chart.

[iCEBREAKER]

Dash reached a high of 0.028 XBT in May 2014 and a lower high of 0.025 XBT in March 2015 so Dash reaching 0.02 is not that big a deal. The real question is will Dash break 0.025 XBT? https://poloniex.com/exchange#btc_dash. For those that wish to compare Dash with Monero the DASH/XMR chart is relevant. https://poloniex.com/exchange#xmr_dash The historical trading range for Dash has been between 4 and 6.5 XMR with a couple of tops up to 17.215 XMR and 15.2 XMR. As in the case with Bitcoin the second top is the lower of the two.

On the upside I would watch 0.025 XBT for Dash. On the downside I would watch 4 XMR for Dash.

Edit: Added Dash/XMR chart.

DARKCOIN, not DASH, reached that high in 2014.

DASH is a different project than DARKCOIN (many DRK supporters and devs left thanks to Evan's sudden dictatorial whim).  DASH never reached its pre-rebrand hype price, much less DRK's ATH.   

The rebrand was a change in focus and objectives, not just a name change for the lulz.  The market gave Xcoin's second pivot a big thumbs down, just as it's now doing for Xcoin's third pivot to Evolution (yet another platform-as-a-platform ETH wannabee).

[adhitthana]

I think dash can rach 0.02 like Etherum
dash is better than other coin The bestcoin

As long as Masternodes don't sell it could go up. With all those coins locked up in MN's there is a small supply. You just have to keep demand greater than the small supply. Dash holders seem to have very strong faith in Dash...so we could see quite a bubble

[iCEBREAKER]

Dash holders seem to have very strong faith in Dash...so we could see quite a bubble

We already saw the bubbles, they happened back when what later became Dash was called Darkcoin.  No chance of that happening again, given the dev's demonstrated history of subjecting the project to his mood swings and the latest passing fad (privacy, instant tx, smartchains).

You're right about the very strong faith though.  DashHoles think like cargo cultists and act like Scientologists.

I haven't seen an intensely reality-hostile crypto-personality cult like Evan's Gate since ActiveMining and the "true believer" followers of LabKen.   

[BagHolder010]

Dash holders seem to have very strong faith in Dash...so we could see quite a bubble

We already saw the bubbles, they happened back when what later became Dash was called Darkcoin.  No chance of that happening again, given the dev's demonstrated history of subjecting the project to his mood swings and the latest passing fad (privacy, instant tx, smartchains).

You're right about the very strong faith though.  DashHoles think like cargo cultists and act like Scientologists.

I haven't seen an intensely reality-hostile crypto-personality cult like Evan's Gate since ActiveMining and the "true believer" followers of LabKen.   

I would not take anything IceBreaker's say srs; if this forum does not know yet he is this scammer https://hashfastscam.wordpress.com/
Eduardo deCastro. Known as the biggest troll of Dash and big time supporter of Monero.

[LitcoinCollector]

I think dash can rach 0.02 like Etherum
dash is better than other coin The bestcoin

You mean this year right? (Dash has reached 0.02+ twice already in the past.)
I think the money is shifting to new crypto.

[iCEBREAKER]

Dash holders seem to have very strong faith in Dash...so we could see quite a bubble

We already saw the bubbles, they happened back when what later became Dash was called Darkcoin.  No chance of that happening again, given the dev's demonstrated history of subjecting the project to his mood swings and the latest passing fad (privacy, instant tx, smartchains).

You're right about the very strong faith though.  DashHoles think like cargo cultists and act like Scientologists.

I haven't seen an intensely reality-hostile crypto-personality cult like Evan's Gate since ActiveMining and the "true believer" followers of LabKen.   

I would not take anything IceBreaker's say srs; if this forum does not know yet he is this scammer https://hashfastscam.wordpress.com/
Eduardo deCastro. Known as the biggest troll of Dash and big time supporter of Monero.

See what I mean about acting like Scientologists?  "Evengelical" DashHoles attack-the-attacker when anyone talks about Dash's instamine, bad crypto, and snake oil marketing.

Scientologists ATTACK THE ATTACKER! - YouTube
Criticize a Scientologist and STAND BACK. The Church will attack you and hard just like it did to journalist John Sweeney as seen in this video.
http://www.youtube.com/watch?v=wpCF48B7gZ0

[BitcoinNational]

Lets stay on topic for a change shall we ? If you cant tell from reading AdamWhite's posts and viewing his posting history
that your dealing with a frustrated low level troll then there is nothing to talk about anyways...

So anyone else think Dash can reach 0.02 ? (Trying to steer this discussion back on topic)

I'll help, Qwizzie.

Dash has some pretty horrendous flaws: namely X11 and Darksend.

X11: If one chain can be attacked then the whole thing is vulnerable--you essentially load a bunch of people on a bus and hope one doesn't have a virus. I've pointed this out to Evan, as have others, but he has yet to address it. He has stated incorrectly that you just roll the chain back and get rid of the broken one--this is patently false as the broken chain can exist for some time and go unnoticed and do so much damage in that time that no roll-back can save the coin--he's essentially saying, "We can just kick the sick person off the bus and that gets rid of the contagion," meanwhile everyone on the bus is already infected.

Darksend, besides its twenty hour mix times, is flawed because of centralization and the fact that TPTB can subpoena control (or use other methods such as coercion) to gain enough nodes to break anonymity. I would suggest that Evan owns enough to break most anonymity and a fincen investigation hanging over his head would be enough to coerce him into helping the US government break dash's weak anonymity--that is if dash ever gained enough market to garner governmental interest (and that's a huge if). Cryptosystems are meant to be anti-fragile, especially against governmental pressures, and this is why well-built cryptosystems avoid centralized solutions.

These two flaws lead me to believe Evan has a very weak understanding of cryptosystems (I have just a casual interest and I understand these things, so for a developer to not know them is pretty unforgivable).

and on the market front
the BIG5 (which Dash has the #5 spot)

all need independent (from BTC) fiat markets
Dash has not show the ability to establish it's spot at the Top Tier
This means VC capital and ultra secure top level markets ... exactly the opposite of Polo and Rex ... the big leagues where investors feel comfortable with $500k in their brokers hands ... aka the establishment.

FINSEC players
BTC is it.  The big Kahunna!
ETH will get there based on the performance it has had Q1 2016.
XRP was built specifically for Top Tier finance.
LTC has a toe in the water with the CNY, China.
Doge has more exchange adoption than DASH.
And lots more have established connections with professional FINSEC players/markets.

Where is DASH?

[qwizzie]

asking a decentralised cryptocurrency "where it is" kinda sounds ironic
but rest assured BitcoinNational, Dash will be tackling the issues you mentioned in the nearby future:

https://www.dashwhale.org/p/payment-processor
https://www.dashwhale.org/p/dash-debit-card

Thats the beauty of Dash's decentralised budget system, if something is missing or is needed
budget proposals emerge to take care of it.

    

[Bavaria]

Dash will always be the same instamined shit regardless of its price. Crappy mixers that take hours to mix and transactions that can be traced.

[Lukas_Jackson]

...

Let it be. You are another loser who denied buying BTC when it was at $1-$4 and bought at $1000 because of price.
Am I right?

[qwizzie]

and on the market front
the BIG5 (which Dash has the #5 spot)

all need independent (from BTC) fiat markets
Dash has not show the ability to establish it's spot at the Top Tier
This means VC capital and ultra secure top level markets ... exactly the opposite of Polo and Rex ... the big leagues where investors feel comfortable with $500k in their brokers hands ... aka the establishment.

FINSEC players
BTC is it.  The big Kahunna!
ETH will get there based on the performance it has had Q1 2016.
XRP was built specifically for Top Tier finance.
LTC has a toe in the water with the CNY, China.
Doge has more exchange adoption than DASH.
And lots more have established connections with professional FINSEC players/markets.

Where is DASH?

Appearently the Dash dev-team was thinking about this a lot more in depth then any of us could have guessed :

https://dashtalk.org/threads/prioritization-of-fiat-gateways.8457/

Fiat access ramps development will be prioritized by the core team over PR and advertising during the next few months, starting in March. With certain small exceptions like Dash Chinese promotion in tandem with 8BTC.
For the next few months we will be focusing in partnerships, integrations and open source tools development that will facilitate better access to DASH and more options for user services to clear transactions on. Starting in March “public-awareness” budget funds are dedicated to this purpose as this is higher priority than advertising for the core team at the moment.  Also, a series of back end open source tools will be made available for anyone looking to offer Dash services.


Budget prioritization, 12.1 and budget reset


The new 12.1 release will introduce new contracts functionality to DGBB. This version should be on testnet within the next month. When it is released into the mainnet all existing budgets will be cleared as part of the updating process and will need to be voted back in, on the new version.
At that point in time both the core-team and public-awareness budget proposals will be over and the core team will request new funding under a different model. We are currently working on it and more information will be released before 12.1 goes to the mainnet.
This is important to answer the question of why we are redirecting the public-awareness funds to build fiat access ramps instead voting down current proposals. The answer is, we will clear current core team proposals and will do it as part of the 12.1 release. This should give us enough time to finish preparing our new budget plan. In the meantime, the core project needs continuity so we kindly ask you to bear with us under the current model for 3 or 4 more months depending on testing results.
What are we working on?

Open Source - FIAT ACCESS RAMPS


The core team sees a need to strengthen direct FIAT access ramps to Dash in order to move into our next growth phase. We need to nurture the development of a rich ecosystem of user oriented applications.
Different user oriented applications are being created for Dash, like crypto ATMs, point of sale solutions, payment gateways, etc.  Nevertheless we are currently missing one fundamental layer - all these user applications need more liquid and better FIAT – DASH exchange services to clear on, including fixed price broker services, instant FIAT exchange, bid/ask FIAT exchanges, etc.

Exchanges are part of the basic infrastructure of the crypto economy, they can be thought about as public infrastructure. Without proper FIAT exchange services is harder for an asset to be independent and find a proper valuation.
Major FIAT exchanges are primarily interested in adding assets that already have high volume and high market cap and are less willing to support projects through their growing phase. So after an asset has established itself on all the major altcoin exchanges there is a gap. We are left with a catch 22 situation, not high enough volume for the large FIAT exchanges to open a trading pair and in need of safe and proper FIAT exchanges to grow and raise our volumes to where they would be interesting to larger exchanges and institutional investment. Also, legacy exchanges do not seem to have the intention to support a safer multi-sig user experience in the short term.
Because of this Dash is partnering with well reputed Bitcoin service operators to create proper FIAT Exchange services for DASH that are trustless, open source and built with the end user in mind.  For this we are funding development of a suite of backend tools and integrations that will enable DASH/FIAT trustless exchange in partnership with Deginner, Coinapult and CryptoCapital.
We have decided to redirect the public-awareness budget funds to building these access ramps for the next few months. All projects will have to be reset in more or less 3 months and all budget proposals will have to be taken out and then voted back into the new version, so we don’t want to go through this process twice.  We also feel very strongly about this project and what it will represent for the Dash community


Safer FIAT Integration (CryptoCapital.co)


As part of this project, Dash will be integrated with CryptoCapital.co which is a fully licensed financial institution that allows each user to have their own private segregated fiat account. The funds that the user deposits to their own FIAT account can be made instantly available for trading on the exchange services. This is a key difference, the fact that each user will initially be sending money to themselves and then once those funds are available at CryptoCapital they can choose to move them to an exchange service and trade instantly.
Also besides exchange integration, CryptoCapital offers other services that will be available to Dash users too.

From their website:

“By providing each customer with their own private segregated fiat account, Crypto Capital is able to allow Approved Software Exchange Companies the ability to open an account with us, therefore allowing our Customers, Merchants, and Traders the ability to move Fiat Currency, USD, EUR, JPY, etc., in and out instantly within our accounts.

There will no longer be lag when transferring funds between a customer private fiat account with us and the exchange account. Any Crypto Currency sold on the exchange could be funded back directly to the customer's private account instantly and then these funds may be withdrawn from the account which can be accessed worldwide via a Visa Debit Card issued on behalf of the customer, or other traditional means of fund transfer, SEPA, EFT, ACH, Swift, etc.
•A Private Individual/Corporate International Fiat account in your control.
•Support for more than 30 different Fiat Currencies; USD, JPY, EUR etc. transact in your own currency.
•The option for a Visa Debit Card with the ability to withdraw funds at any ATM worldwide, purchase goods and services on line and pay bills.
•Several open Exchange platforms to convert Fiat Currency to any Crypto Currency and vice versa.
•Corporate Merchant accounts for Companies that deal directly with the Crypto Currency economy and are in need for a Fiat Currency account to manage their own operations”

All of these services will be available for Dash users, merchants and service providers. For example, this will allow services like Node40 to have a safe and compliant way for users to move FIAT directly into running masternodes.

Coinapult Integration

As part of this project, Dash will be integrated to Coinapult. Coinapult is a Bitcoin wallet service provider. Coinapult offers online consumer and B2B services to a global market. It was founded in 2012 by Ira Miller and Erik Voorhees and was the first to offer bitcoin e-wallet services by email and SMS. In 2014, Coinapult was first to market with Locks, a service to help mitigate the price volatility of Bitcoin.
Ira Miller sold Coinapult in 2015 and remains an external advisor and provider of backend tools. Current CEO of Coinapult Gabriel Sukenik is leading the company to new frontiers, they recently integrated with Mycelium to offer Bitcoin locking services directly from the Mycelium app.
Coinapult will be integrating Dash to all of their existing services which include fully convertible USD accounts for DASH. Dash will be the first crypto-currency, other than Bitcoin, to be added to this service.
More partners are expected to join this consortium over time. For example, Mycelium is already integrated with Coinapult. With Dash’s being added to Coinapult too, that brings us one step closer to convertible to USD mobile accounts.


Open Source Backend Tools Development

In order to make these partnerships and integrations possible, Deginner will develop the following open source tools for DASH.


·  Multi-sig wallet and cosigner hosting (e.g. Deglet, Copay)

·  Broker (e.g. Coinapult, Shapeshift)

·  Bid/Ask exchange

·  Traditional financial services (e.g. Crypto Capital, Vogogo)

·  Market makers and liquidity providers