What's up with DASH?

[bergenic]

DASH has been pretty quiet all day and now in the past hour it's gone up 30%+. A little pullback to 25% now but is this Bitcoin Cash connected or something else? Should we get excited?

[MIV.matteo]

I would like to know that, too. I was planning to buy around 340 but there were no upcoming events or release so I didn't bother. I still think it's not connected to BCH but I could be wrong

[cryptohunter]

both are Roguer VER projects

dash = certain proven scam

bch ... .well as yet undecided.


both dangerous pumps right now - not organic growth and very dangerous. Mostly held by a handful of whales/sharks so they have no issue eating minnows.

[Alex_He]

Maybe someone think DASH will benefit from BTC/BCH divorce? XMR is up too.

[w5pn73]

Maybe someone think DASH will benefit from BTC/BCH divorce? XMR is up too.

I think it's more likely that there is still money flowing back from btc to the alts, just happening sooner due to no fork.

[thepo1m]

both are Roguer VER projects

dash = certain proven scam

bch ... .well as yet undecided.


both dangerous pumps right now - not organic growth and very dangerous. Mostly held by a handful of whales/sharks so they have no issue eating minnows.

I think I agree with this, both are Roger's baby and some people are trying to move their profit from BCash to Dash. Remember that Dash is a very easy coin to pump because majority of the tokens are heard in their masternodes

[Raffielo]

DASH has been pretty quiet all day and now in the past hour it's gone up 30%+. A little pullback to 25% now but is this Bitcoin Cash connected or something else? Should we get excited?

I’m assuming all of the people selling BTC out of fear are transferring to other currencies like Dash or BCH or a couple of no names if you look by the ‘gains percentage’ are also surging huge percentages ... my question is how quickly the wallets and exchanges can keep up with the demand, since yesterday most of the time the market was locked as a result of anot being able to accommodate all of the traders at once. That in my perspective needs to change if this entire concept is going to continue and have a greater life, otherwise the growth of this entire thing will stall — BTC will need to be upgraded to a faster speed or the exchanges need to upgrade or a faster currency & exchange needs to develop for the capacity of so many trades at once.

[nappoleon]

It was announce that they're implementing 2mb blocks while segwit2x is being cancelled and that's about it for now. I think this one is unnecessary as you need to have scaling issues to scale.

[qwizzie]

It was announce that they're implementing 2mb blocks while segwit2x is being cancelled and that's about it for now. I think this one is unnecessary as you need to have scaling issues to scale.

https://coinjournal.net/dash-releases-software-upgrade-cheaper-transactions-now-listed-huobi-pro/

With regards to your remarks about needing to have scaling issues to scale i think thats very short sighted. Better to think and plan ahead then to get overwhelmed
with increased volume and then need time to find the solution.

I also think we are seeing a split in the cryptomarkets between cryptocurrencies that function as value of store (Bitcoin) and cryptocurrencies that function as value of usebility (Dash, Bitcoin Cash).
The differentiator here beeing both larger blocks and lower fees.  

Edit : by the way, i have cryptohunter on ignore for being a troll. I have zero patience for trolls that dont know how to adapt their trolling techniques, they get so boring at some point. 

[cryptohunter]

It was announce that they're implementing 2mb blocks while segwit2x is being cancelled and that's about it for now. I think this one is unnecessary as you need to have scaling issues to scale.

https://coinjournal.net/dash-releases-software-upgrade-cheaper-transactions-now-listed-huobi-pro/

With regards to your remarks about needing to have scaling issues to scale i think thats very short sighted. Better to think and plan ahead then to get overwhelmed
with increased volume and then need time to find the solution.

I also think we are seeing a split in the cryptomarkets between cryptocurrencies that function as value of store (Bitcoin) and cryptocurrencies that function as value of usebility (Dash, Bitcoin Cash).
The differentiator here beeing both larger blocks and lower fees.  

But wait dash is centralised junk and a scam

Variable block size has been available on many alts before bitcoin cash thought they would copy the idea.

You want usability ??there are far better options and many of them.

If you want usability and large (real not ver induced faux volume) LTC is better than both.


What we are seeing here is whales trying to gain more wealth from others by force.

[kryptqnick]

Dash has this feature of untrackable transactions which makes it anonymous and interesting for those who don't think btc pseudo-anonymity is enough. Transactions are instant and fees are considered low. As for trading, it is interesting to note that Dash grew once from $200 to $400 thanks to bithumb, the same exchange that made bitcoin cash pump today. If you're thinking I'm paranoiac, take a look at the currencies between which dash is even now mainly traded: dash to KRW! South Koreans pumping the coins again. Who knows, maybe they would even make dash pump +150% in some 10 hours. #2 is Bitfinex, which is also a South Korean market, by the way. I guess there must be some local huge events or news that lead to these things but nobody wrote anything in English yet, so we don't have explanations for now.

[Febo]

Maybe someone think DASH will benefit from BTC/BCH divorce? XMR is up too.

Basically all BTC clones should suffer because of BHC. BHC sort of kills purpose they were tarted LTC, DASH, ...   Seems no one cares.  Coins were made with no case use so having less case use dont hurt them since there is no less then none.

[bathrobehero]

Dash will have 2 MB blocks - which is absolutely pointless and just a marketing ploy;

It's absolutely pointless for Dash to have 2MB blocks, their current blocks are empty as it is:



Or: https://bitinfocharts.com/comparison/dash-size.html

Based on eyeballing, the avarage blocksize seems to be roughly around 12 KB which is only 1.17% of the full capacity.


So it's kind of just a marketing ploy than anything else.


Otherwise I agree with your assesment.

But, common sense is lacking these days so I wouldn't even be surprised if a coin would start advertising itself as being free-range and gluten-free and being pumped to the moon...