Dash is basically almost dead

[KingScorpio]

https://coinmarketcap.com/currencies/dash/

i was promising since a long time that those purely decentral coins will all systematically die, over time,

i can remember once holding dash at 1200 USD today its at just 350 USD

dash, zcash, are very good examples

as soon as their developer team sold their premine, who will push it for marketing attention?

right no one, the coin will ultimately die,

i wrote that on my website long time ago and my theory gets proven.

today bitcoin is at 38% of its former peak
but
dash is just at 23% of its is former peak meaning

bitcoin needs to 1.5 times its value to recover
but dash needs to 4.3 time its value to recover its former glory and image.

dash is basically almost dead and i expect a similar development for zcash soon.

regards

[1715581989]

1715581989

[1715581989]

1715581989

[1715581989]

1715581989

[1715581989]

1715581989

[thefaucetrunner]

A lot of the hype and high valuation of altcoins and ICOs come from devs and early adopters. This is just more proof of that.

[Wheelige]

Hmmm i think your analysis of the dash's market value hasn't taken into account the entire crypto market.
Dash was at $1200 and has dropped significantly, but so has everything. Btc has lost 60% value which has a marked knock on to the rest of the market.
Eth was almost $1500 if my memory serves, it hit $400 and is looking to move back there atm unless something breaks its head and shoulders move down.
Would you also call Eth dead? Its really that the euphoria has left the crypto market and assets are looking for their feet.
Dash is no more dead than any other crypto that took a big hit recently.....even bitconnect isn't completely dead which surprises me no end.  

[KingScorpio]

Hmmm i think your analysis of the dash's market value hasn't taken into account the entire crypto market.
Dash was at $1200 and has dropped significantly, but so has everything. Btc has lost 60% value which has a marked knock on to the rest of the market.
Eth was almost $1500 if my memory serves, it hit $400 and is looking to move back there atm unless something breaks its head and shoulders move down.
Would you also call Eth dead? Its really that the euphoria has left the crypto market and assets are looking for their feet.
Dash is no more dead than any other crypto that took a big hit recently.....even bitconnect isn't completely dead which surprises me no end.  

come on, the point is obvious the market anticipates those decentral coins, as longterm unstable who will push them in the market for attention? after the premine has been sold,

we will have the former developers be it dash be it zcash be it bch or litecoin creating already new coins and pushing them,

thats the issue.

and today we have already!!! 6 coinindexes and they will become more and i expect that in the future, we will have coinindexes ignoring information of other token deliberately

regards

[mu_enrico]

i wrote that on my website long time ago and my theory gets proven.

Can you provide the link to your website? I'm interested in your findings. Anyway, I think the problem with Dash is more about PoS/PoW hybrid which is not as robust as the pure 100% PoW coins. And also because of Government resistance to privacy coins.

[mk4]

As much as I don't like dash because I personally think it's irrelevant(we have BTC as a transparent coin, XMR as a privacy coin), price is NOT an indicator of a coin/token's success. Bitcoin can crash down to triple digits and still stay relevant. Dash isn't the only coin that's down that much.

[KingScorpio]

i am afraid we will see dash dieing like dogiecoin,

i wrote that comparision with bitcoin but for dash the charts hypecoin similarity is even more similar

https://www.cryptoproductivity.com/single-post/2018/05/17/Bitcoins-Value-deminishing-due-to-same-Marketforces-as-other-hype-Coins-with-similar-shape-but-other-Scale

dash is even more than bitcoin a huge sized dogecoin

[EditorX]

https://coinmarketcap.com/currencies/dash/

i was promising since a long time that those purely decentral coins will all systematically die, over time,

i can remember once holding dash at 1200 USD today its at just 350 USD

dash, zcash, are very good examples

as soon as their developer team sold their premine, who will push it for marketing attention?

right no one, the coin will ultimately die,

i wrote that on my website long time ago and my theory gets proven.

today bitcoin is at 38% of its former peak
but
dash is just at 23% of its is former peak meaning

bitcoin needs to 1.5 times its value to recover
but dash needs to 4.3 time its value to recover its former glory and image.

dash is basically almost dead and i expect a similar development for zcash soon.

regards

Yes, I think so, too. It will probably take a long time to get back to the old price. Maybe not. I hope you have good news.

[KingScorpio]

not for dash

[Hydrogen]

I'm not certain if dash is near to being deceased.  

AFAIK they still sponsor former UFC fighter Rory MacDonald. They still have discussions every month on how to put dash's name out there and gain publicity. Dash masternodes are still a smart way to encourage end users to HODL rather than daytrade or speculate on the price. There could still be a lot of die hard dash supporters in the world even if they're not as loud or don't invest as heavily in sock puppet spam accounts as other crypto currencies do.

Don't forget dash could also gain credibility if their pre-mined coins are no longer held by central parties similar to how bitcoin's success could partly be a result of Satoshi's pre mined coins likely never hitting the market, etc.

[KingScorpio]

I'm not certain if dash is near to being deceased.  

AFAIK they still sponsor former UFC fighter Rory MacDonald. They still have discussions every month on how to put dash's name out there and gain publicity. Dash masternodes are still a smart way to encourage end users to HODL rather than daytrade or speculate on the price. There could still be a lot of die hard dash supporters in the world even if they're not as loud or don't invest as heavily in sock puppet spam accounts as other crypto currencies do.

Don't forget dash could also gain credibility if their pre-mined coins are no longer held by central parties similar to how bitcoin's success could partly be a result of Satoshi's pre mined coins likely never hitting the market, etc.

an UFC fighter is sponsored by dash?

i dont think thats speaks for them.

i mean come on the main problem of all those decentral tech based cryptocurrencies is basically that sooner or later the plattform encription service tech like

ethereum,
waves
or neo,

and in future EOS

will be technologically much better than the singular products dash and ZCASH, plus those plattforms are updating and upgrading, dash zcash and also bitcoin dont do that.

so i expect a price market drop to be inevitable a future development, thatis unavoidable.

[taeewo]

It was so hype then when we were all thinking its the future of crypto currency but now no where to be found since Amanda not supporting it again..

[mu_enrico]

i am afraid we will see dash dieing like dogiecoin,
i wrote that comparision with bitcoin but for dash the charts hypecoin similarity is even more similar
https://www.cryptoproductivity.com/single-post/2018/05/17/Bitcoins-Value-deminishing-due-to-same-Marketforces-as-other-hype-Coins-with-similar-shape-but-other-Scale
dash is even more than bitcoin a huge sized dogecoin

I've read your post, and I think information on the comparison graph isn't exactly correct. The centralized coin (in this case Ethereum) look performs better because, well, it's has been manipulated. Supply and demand cannot reach equilibrium like in the free market mechanism. The 90 million pre-mine Ethereum coin still locked, and this drive price up because of scarcity. In a centralized coin, its price is just an illusion.

And for Dash, yeah it's just a fork coin with masternodes. It will go down sooner or later.

[HALLASTERA]

A lot of Dash promotion was in december. I saw promotion from Dash in airplane. I saw typical tweets Dash better than Bitcoin and etc. I don't know price will back soon or not. But just think about X4 that's impossible for my vision.