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qwizzie
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May 21, 2018, 02:55:25 PM
Last edit: May 21, 2018, 03:08:58 PM by qwizzie |
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Thought I'd share my chart, this Dash v Bitcoin pair on log scale.  Dash is still correcting from the gigantic spike about a year ago, rangebound since. MACD and RSI indicators both look in oversold territory and hint might cross bullishly up in near future but might have to endure a final sell off first. Volume is potentially misleading a year ago polo was were nearly all Dash trading happened, it is much more diversified now.My assessment is to aggressively buy any steep dip if it materialises which might be a great chance to buy at cheap levels. Like a year ago I wonder if Dash will lead the charge on the next big crypto moves. Dash has great potential. Obviously these thoughts are my own. Do your own dilligence. Yeah, i just checked the OBV on HitBTC.com (largest Dash volume) and it does indeed fluctuate a lot more there, in comparison with this static flat-lined OBV on Poloniex. Which is good to know, if you want to take the OBV indicator into account. OBV is a simple running total of up day (added) and down day (subtracted) volume. If OBV is moving with price it confirms the current trend. Divergences between OBV and price indicates the price may be due for a reversal.
Using trendlines can aid in spotting divergences and trading opportunities. OBV can also help forecast breakout directions in price. OBV is not without its faults though. Volume spikes can skew the indicator, making objective
analysis more difficult. Also, while it may appear that OBV often leads price, this is often simply a case of searching for evidence we wish to find.
Therefore, OBV is a tool to be used in addition to price analysis, but shouldn’t be relied on solely. Link : https://traderhq.com/trading-indicators/understanding-on-balance-volume-and-how-to-use-it/ |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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NibiruHybrid
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May 21, 2018, 06:41:30 PM |
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Mining Pools Consider Donating to Bitcoin Cash Development in “Treasury” Model Bitcoin Cash miners recently discussed using a portion of mining rewards to fund development in a “treasury” model similar to what Dash pioneered.
According to Bitcoin.com, a meeting of many of Bitcoin Cash’s key industry players at the Coingeek converence included brainstorming on the topic of development funding by repurposing a part of the miners’ block reward, implementing a system for miners to vote on budget proposals: |
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afbitcoins
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May 21, 2018, 10:05:37 PM |
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Qwizzie I'm not sure why I still have OBV indicator on my chart, I don't pay much attention to it. Mining Pools Consider Donating to Bitcoin Cash Development in “Treasury” Model First they ignore you then they laugh at you then they copy your ideas |
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TheCrimsonFucker
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May 21, 2018, 10:33:42 PM |
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Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?
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Lontonbit
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May 22, 2018, 02:55:20 AM |
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Dash is getting dumped friggin hard! Anyone know what’s goin on?
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It’s gold for nerds
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Lontonbit
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May 22, 2018, 03:30:11 AM |
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Buyers remorse  how did I pick the worst performer in the entire market! Shit |
It’s gold for nerds
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qwizzie
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May 22, 2018, 08:05:18 AM
Last edit: May 22, 2018, 08:35:09 AM by qwizzie |
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Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?
I think you can consider Dash an elite currency in the sense that it has evolved (and still is evolving) from a mostly privacy focussed cryptocurrency to a multi-use crypto platform (privacy, instant transactions, dapi, useraccounts, decentralized apps). The technology behind this (Dash Evolution) will make Dash more elite. Within Dash itself there are also elite elements : masternodes, asic miners, governance, budget, sentinel. Dash vision however is clearly focussed on being used by the masses (meanstream adoption). With regards to Dash going to the moon by the end of this year (or as i prefer to say : reaching and passing its current ATH), nobody knows the future and it pretty much depends on if you trust Dash core-team to deliver what they set out to do and if you have faith in Dash as a cryptocurrency to overcome a bear market in time. Seems some have more faith then others  |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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qwizzie
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May 22, 2018, 08:12:15 AM
Last edit: May 22, 2018, 08:29:45 AM by qwizzie |
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Buyers remorse how did I pick the worst performer in the entire market! Shit Please stop making false accusations, Dash is not the worst performer by a long shot and all this whining about the price that only moved a few %, comes across as very immature and clearly shows your insecurity.  If you can't stand the heat, get out of the kitchen.
- Harry S Truman |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Lontonbit
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May 22, 2018, 11:49:54 AM |
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It’s the only one making new lows on the weekly:(
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It’s gold for nerds
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qwizzie
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May 22, 2018, 12:20:43 PM |
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It’s the only one making new lows on the weekly:(
Incorrect !! Again !! There are at least 4 cryptocurrencies that are having worst weekly % then Dash (Bitcoin Cash, Stellar, IOTA and NEM) (i suspect we can add Monero to that list pretty soon too)  Get you facts straight before posting please, it saves me the hassle of having to correct you all the time. Thank you. |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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NibiruHybrid
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May 22, 2018, 12:22:27 PM |
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Operation Crypto-Sweep to Investigate Cryptocurrency Investments 
So far, the plan has purportedly started 70 investigations. President of the NASAA, Joe Borg, said that “the persistent exploitation of the crypto ecosystem by fraudsters is a significant threat to Main Street investors in the United States and Canada”. He also related the current investigation to the 1990s initiative to fight fraud in the internet stock sector during the dot-com bubble.
Joseph Rotunda, the director of enforcement at the Texas State Securities Board said that “the market for cryptocurrency investments is saturated with fraud, and our work is only revealing the tip of the iceberg”. His agency previously issued a warning letter to U.K.- based BTCrush that it was violating securities laws with its marketing. They also issued a cease and desist order to Bitconnect back in January. These recent events reveal that government regulators are starting to take action on investigating what they perceive as fraudulent ICOs and cryptocurrency activities. |
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Raptor_73
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May 22, 2018, 12:26:27 PM |
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afbitcoins
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May 22, 2018, 12:50:47 PM |
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Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?
Well CrimsonFucker I don't really think in terms of 'elite' currencies which seems somewhat subjective. I might call etherium an elite currency but I wouldn't want to invest in it. Dash with its payment features, governance and treasury has the right ingredients to achieve what it has set out to do. But will it become the premier payments crypto? Who knows? but as I said I think it has already the right ingredients. Evolution will also play a role but that shouldn't take away from what is already in place. Personally I think 2020 will be the next big moonshot year (for Dash and many other crypto). Though I will be very happy to see it before then. A lot depends on the wider cryptosphere and in particular bitcoin which is still the dominant coin. Its to do with bubble cycles. Buyers remorse how did I pick the worst performer in the entire market! Shit As I said a few comments back there might be another big sell off, Dash can still go down some ways from here. I guess everyone experiences this from time to time, I know I have. You could try selling and rebuy cheaper. That is also risky if the market goes against you again. With Dash I personally am content to wait. If it gets much cheaper I will exchange bitcoin for more Dash But in summary I think there is no quick return to euphoria. |
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Cryptorials
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May 22, 2018, 02:18:10 PM |
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Is this actually eToro research or is it just some guy with a trading account on eToro using their logo to make himself look good? |
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CoinsInTheCan
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May 22, 2018, 05:40:53 PM |
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Good news !!!DASH is added to Blocknet / BlockDX (Decentralized exchange & communication protocol between many different blockchains). You can trade and build dapps for your favorite coin.  (Full launch with Litewallet and beautiful gui is July 1st) https://bitcointalk.org/index.php?topic=829576.0
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NibiruHybrid
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May 22, 2018, 06:22:51 PM |
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eToro Market Report: Dash Is “Acutely Undervalued” Compared to Other Coins Dash is “acutely undervalued” according to a market research, which plans a US launch to its cryptocurrency trading platform.
The investment platform, which plans a US expansion to its popular cryptocurrency trading platform this year, released a market research report on Dash, detailing the currency and coming to the conclusion that it is significantly undervalued at present:
“Not only is this one of the most well established cryptos in the payments space, but the community continues to innovate and bring crypto to new and exciting places, particularly in emerging markets. In addition, according to our findings below, we feel that this cryptocurrency is acutely undervalued compared to the rest of the cryptomarket.” |
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Lontonbit
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May 22, 2018, 07:35:00 PM |
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It’s the only one making new lows on the weekly:(
Incorrect !! Again !! There are at least 4 cryptocurrencies that are having worst weekly % then Dash (Bitcoin Cash, Stellar, IOTA and NEM) (i suspect we can add Monero to that list pretty soon too) Get you facts straight before posting please, it saves me the hassle of having to correct you all the time. Thank you. Ripple just came off a pump though, just show the actually charts so we can all compare together |
It’s gold for nerds
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