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Author Topic: What makes Dash so popular?  (Read 162 times)
AICoin_Official (OP)
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December 21, 2017, 12:04:17 PM
 #1

Dash is definitely superstar, what drives its price so high? Which country is behind the surge?

I still have an original analysis from Kuang Ren, please feel free to leave your comments below:

It seemed too early to make the judgement that price had formed an upper shadow with huge volumes in last analysis, since BCH skyrocketed instantly after the announcement by Coinbase that trading pairs of BCH would be re-launched, and a new all-time high was formed before correction. Apparently, such price move formed a fake breakout point for buying since volumes are not enough. Let’s take a look at the chart:

Last night, when price formed another new all-time high, volumes failed to effectively surpass that during last surge, which means chips bought last night can’t set those locked chips caused by chasing high during previous rally free, which is bound to cause a correction and indicates the formation of a short-term high, especially when time interval is so short.

The fact that price remains above MA 5 on daily chart with tiny dips in volumes holds some space for price adjustment. When price dips below support at MA 5, odds are high for it to resume uptrend.

Original by Kuang Ren, translated and posted by AICoin Jami.

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greensheep
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December 21, 2017, 01:45:24 PM
 #2

DASH is surely outperforming many other crypto currencies, want to buy some more but waiting for a correction
ha_ham_bk
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December 21, 2017, 02:19:45 PM
 #3

Dash is definitely superstar, what drives its price so high? Which country is behind the surge?

I still have an original analysis from Kuang Ren, please feel free to leave your comments below:

It seemed too early to make the judgement that price had formed an upper shadow with huge volumes in last analysis, since BCH skyrocketed instantly after the announcement by Coinbase that trading pairs of BCH would be re-launched, and a new all-time high was formed before correction. Apparently, such price move formed a fake breakout point for buying since volumes are not enough. Let’s take a look at the chart:

Last night, when price formed another new all-time high, volumes failed to effectively surpass that during last surge, which means chips bought last night can’t set those locked chips caused by chasing high during previous rally free, which is bound to cause a correction and indicates the formation of a short-term high, especially when time interval is so short.

The fact that price remains above MA 5 on daily chart with tiny dips in volumes holds some space for price adjustment. When price dips below support at MA 5, odds are high for it to resume uptrend.

Original by Kuang Ren, translated and posted by AICoin Jami.
I think dash will be increase
CuDoCuDau
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December 21, 2017, 02:23:25 PM
 #4

Dash is definitely superstar, what drives its price so high? Which country is behind the surge?

I still have an original analysis from Kuang Ren, please feel free to leave your comments below:

It seemed too early to make the judgement that price had formed an upper shadow with huge volumes in last analysis, since BCH skyrocketed instantly after the announcement by Coinbase that trading pairs of BCH would be re-launched, and a new all-time high was formed before correction. Apparently, such price move formed a fake breakout point for buying since volumes are not enough. Let’s take a look at the chart:

Last night, when price formed another new all-time high, volumes failed to effectively surpass that during last surge, which means chips bought last night can’t set those locked chips caused by chasing high during previous rally free, which is bound to cause a correction and indicates the formation of a short-term high, especially when time interval is so short.

The fact that price remains above MA 5 on daily chart with tiny dips in volumes holds some space for price adjustment. When price dips below support at MA 5, odds are high for it to resume uptrend.

Original by Kuang Ren, translated and posted by AICoin Jami.
I think don't buy Dash now
talks_cheep
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December 21, 2017, 02:27:01 PM
 #5

A strong point for Dash is the masternode aspect, once you gain enough Dash, you can start your own masternode and gain more dash, no mining neeeded.

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December 21, 2017, 02:36:26 PM
 #6

Dash is definitely superstar, what drives its price so high? Which country is behind the surge?

I still have an original analysis from Kuang Ren, please feel free to leave your comments below:

It seemed too early to make the judgement that price had formed an upper shadow with huge volumes in last analysis, since BCH skyrocketed instantly after the announcement by Coinbase that trading pairs of BCH would be re-launched, and a new all-time high was formed before correction. Apparently, such price move formed a fake breakout point for buying since volumes are not enough. Let’s take a look at the chart:

Last night, when price formed another new all-time high, volumes failed to effectively surpass that during last surge, which means chips bought last night can’t set those locked chips caused by chasing high during previous rally free, which is bound to cause a correction and indicates the formation of a short-term high, especially when time interval is so short.

The fact that price remains above MA 5 on daily chart with tiny dips in volumes holds some space for price adjustment. When price dips below support at MA 5, odds are high for it to resume uptrend.

Original by Kuang Ren, translated and posted by AICoin Jami.
I think buy Dash rightnow
Samarkand
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December 21, 2017, 03:34:33 PM
 #7

A strong point for Dash is the masternode aspect, once you gain enough Dash, you can start your own masternode and gain more dash, no mining neeeded.

The masternode aspect of DASH has also interesting implications on float and
the difficulty of price manipulation.

At the moment there are 4,781 Masternodes, which effectively locks up more than 4,7 million
DASH (1000 DASH are necessary to start your own Masternode). This reduces the float of DASH
and therefore DASH can be pumped on less trading volume than
most other cryptocurrencies.
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December 21, 2017, 06:52:29 PM
 #8

It might be too late for a DASH masternode. 1,000 DASH is $1M+  Shocked
kaysersoze
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December 21, 2017, 06:54:55 PM
 #9

DASH is surely outperforming many other crypto currencies, want to buy some more but waiting for a correction

Hahaha the price of each DASH was less than $400 just a MONTH AGO.

You are probably blind for money, dash is a SCAMMY coin only that it has been a success, just the same as it happened with VERGE.


bitcoinblog
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December 21, 2017, 07:02:17 PM
 #10

Read there Wiki page , u can see a lot of good thing there. DASH is a good coin but undervalued for long time.

Now it is reaching good. If you know DASH is less in number them BTC.

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gentlemand
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December 21, 2017, 07:05:39 PM
 #11

One of Roger Ver's previous attack vectors on Bitcoin. Now he has that other coin to play with I guess other people have taken up his slack.
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