Is DASH still a good long term viable project?

[qwizzie]

The power of Dash : its fast, its secure, its cheap with regards to transaction fees and it gets highly attractive when used in combination with a discount or promotion.

Thank you for the detailed update as i was not following the Dash development for some time and it looks like merchants in Venezuela is adopting Dash, i am not sure whether it is a one off thing or a major adoption throughout the country. The thing i am impressed with the developers is that they always keep on evolving and adding new stuffs.

Thank you for the merit (you too aleix) and the feedback.

If you really want to follow whats going on with Dash, i recommend keeping an eye on the budget proposals which are up for voting this month :

https://www.dashcentral.org/budget
https://app.dashnexus.org/proposals/active

The current bear market does limit our monthly budget (6176 Dash per month x $83 = $512.608 per month) and causes some competition among the available budget proposals 

Also Dash News is a good site to keep tabs on Dash : https://dashnews.org/

[susila_bai]

DASH is always a favorite coin to invest for me, as for trading also it is very good, when ever the market is moved DASH has been giving good movement. So i think it is always good choice to invest in DASH as it has good team and potential to invest.

[Siti Nurbaya]

Dash entered the top 20 in CMC, and still deserves to be a long-term investment, looks to have a value of $ 83.
This Dash looks strong and has a community that is able to grow better.

[Vaculin]

DASH is always a favorite coin to invest for me, as for trading also it is very good, when ever the market is moved DASH has been giving good movement. So i think it is always good choice to invest in DASH as it has good team and potential to invest.

Although I am not fan of DASH but I see how it perform, now it's still a major coin in the market and I believe it has a great volume as well.
The circulating supply is only 8,651,530 DASH , how low the supply is, I'm sure anytime when there is a big news regarding this coin, it will surely pump. Hence, if I could add more coins in my portfolio, I would not skip this one though.

[LUCKMCFLY]

Totally, Dash has been one of the currencies that I have always liked, they enjoy a project and a team that is very responsible and that meets the community. I have been a participant in their official forum, and I can see that they are still going very well, they have achieved recognition and credibility, this is potentially good for them.

The Marketing team has managed very good strategies, so all that effort will give results in the long term, I think it is a very stable currency, which suffers from the fall of Bitcoin, like all others, but has good support.

[grifinmch]

Dash looks more alive with a team that is always active and continues to develop its coins, this has a good impact on the community. The growth continues and this will be a coin that deserves to be maintained. Dash level is quite good and will certainly get a lot of support and will continue to move for a better place.

[Distinctin]

Dash looks more alive with a team that is always active and continues to develop its coins, this has a good impact on the community. The growth continues and this will be a coin that deserves to be maintained. Dash level is quite good and will certainly get a lot of support and will continue to move for a better place.

DASH is not a hype coin, its here for a long period of time already and remains stable with their development.
This is a solid coin that is good for investment if you would ask me, ETH and DASH are good, of course not to mentioned, BTC is always my priority.

[CryptoTech_]

DASH is a good coin for the long term, I still remember a few years ago when the initial DASH was launched the price was very cheap $1 - $3 if it's not wrong and now the price is $80 that means the developer is very good at developing his project

[qwizzie]

DASH is a good coin for the long term, I still remember a few years ago when the initial DASH was launched the price was very cheap $1 - $3 if it's not wrong and now the price is $80 that means the developer is very good at developing his project

I remember that too, Dash pretty much trippled in value each year, untill it hit its peak end 2017 / early 2018 :

1-1-2015 : $1,94
1-1-2016 : $3,33
1-1-2017 : $11,21
1-1-2018 : $1060
1-1-2019 : $79

Which means it isnt totally unreasonable to exspect a tripple value again, once this bear market is finally finished.

[qwizzie]

DASH is always a favorite coin to invest for me, as for trading also it is very good, when ever the market is moved DASH has been giving good movement. So i think it is always good choice to invest in DASH as it has good team and potential to invest.

Although I am not fan of DASH but I see how it perform, now it's still a major coin in the market and I believe it has a great volume as well.
The circulating supply is only 8,651,530 DASH , how low the supply is, I'm sure anytime when there is a big news regarding this coin, it will surely pump. Hence, if I could add more coins in my portfolio, I would not skip this one though.

The circulating supply is in reality even lower, because 4,900,000 Dash of the circulating supply currently serves as collateral for masternodes (4900 masternodes x 1000 Dash), which brings the circulating supply down to 3,751,530 Dash.
Of course if the Dash price rises high enough masternode owners can sell their 1000 Dash on the open market at any moment, thereby increasing the circulating supply again.
In case anyone is wondering, the collateral of masternodes is held offline, in cold wallets (mostly hardware wallets i imagine), where their owners have full control over their Dash investment.

Here are also some details about owning 1 masternode : https://dash-news.de/dashtv/#curr=USD&value=1000



The more the Dash price rises, the higher masternode earnings (45% of each blockreward) , miners earnings (45% of each blockreward) and the Dash budget (10% of each blockreward / 6176 Dash per month) in FIAT value gets.
Costs are as follows : server renting costs ($10 or $15 per month), the collateral of 1000 Dash and you need to keep that masternode (basicly a Linux server keeping a record of the full blockchain) updated from time to time,
so you need to invest some personal time into it.

[gembira]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

there are were some news that Venesuella KFT will accept Dash, but this news was few month ago and seems they still not accepted them. But the main question here is why they going to accept anonymous cryptocurrency?
As for anonymous - Dash have a lot competitors nowdays and seems new projects much more better technically ...

[qwizzie]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

there are were some news that Venesuella KFT will accept Dash, but this news was few month ago and seems they still not accepted them. But the main question here is why they going to accept anonymous cryptocurrency?
As for anonymous - Dash have a lot competitors nowdays and seems new projects much more better technically ...

Yeah, it seems someone jumped the gun on that one : https://cointelegraph.com/news/kfc-venezuela-denies-accepting-dash-payments

With regards to why they (KFC) would accept an anonymous cryptocurrency, just remember with Dash it is optional to have privacy on its transactions, most of the Dash transactions that are taking place on its network are not private
but fully traceable on the blockchain (like Bitcoin). Those that want to make their transactions more private have the option to do that by mixing their coins with other particpants a certain number of rounds and then PrivateSend them,
its an option available to them but its an option thats not widely used.  

https://dashradar.com/charts/transactions-per-day (11919 transactions 25th of feb 2019)
https://dashradar.com/charts/privatesend-transactions-per-day (72 PrivateSend transactions 25th of feb 2019)

This means that most Dash users just use Dash because of its speed, its security and its low transaction fees.
I do want to emphasize that Dash optional privacy on its transactions is strong, made more efficient over the years (faster mixing), got cheaper (lower mixing fees) and has never been broken.

[EscrowService28]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

For longterm and good investment, Dash is still reliable. When you participate in their official forum, you will know that it is still active and going.

It may have had a shady past, but its features - fast cheap and secured will always be my top reasons why i invested to Dash.

[premiumproductss]

I think that there are more technologically advanced privacy coins. GRIN and Beam are my favorites.
Also Monero could have a potentional if they implement the Mimblewimble protocol.

[Ferris419]

Of course, without any hesitation Dash is good for investment. You can invest on DASH because of some reason.
Reasons is, 15th rank of coinmarketcap. And It is listed more than 200+ pairs. People using Das for trading and investing a lot of. So I think it can be good near future.   

[Idrisu]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

It is truth that dash has done very well in the past especially the 2017 bullish year.  I believe that the bearish trend that pull bitcoin down has also affected dash and that means it is very important you should know that it a Cryptocoins market problem and that affect dash too.  Now that it is very cheap I will said we can invest now.

[thinkpad99]

Actually, now all cryptocurrencies are so low that sooner or later their prices will have to go up. DASH still has a lot of potential, so I'm sure that in a few months the price will be recovered.

[davinchi]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

Well, I am not here to discredit their project because I didn’t buy DASH too when I read from a great analyst that DASH market environment has been in a bearish cycle for the past 12 months which will lead to a negative trend in the future as implied by the analyst and suggested that DASH is not a good investment for making money but you can just buy little of it for benefit of doubt and term the money a LONG TERM INVESTEMENT, so you just buy it there and leave it without monitoring it and hoping that one day maybe after 20 years, it will give you a great surprise and make you buy a house in MIAMI, just kidding.

[qwizzie]

Thinking about buying some DASH. I remember when it was all the rage. Does it still have relevance? How’s the project doing all in all?

Well, I am not here to discredit their project because I didn’t buy DASH too when I read from a great analyst that DASH market environment has been in a bearish cycle for the past 12 months which will lead to a negative trend in the future as implied by the analyst and suggested that DASH is not a good investment for making money but you can just buy little of it for benefit of doubt and term the money a LONG TERM INVESTEMENT, so you just buy it there and leave it without monitoring it and hoping that one day maybe after 20 years, it will give you a great surprise and make you buy a house in MIAMI, just kidding.

Both Bitcoin and all altcoins have been in a bearish cycle for the past 12 months, which means according to your mentioned analyst that Bitcoin and all other altcoins will have a negative trend in the future and are therefore not a good investment for making money.
Thats just completely wrong. Investors should invest when a bearmarket approaches the point of exhaustion, as the price will then be less subject to wild downward movements. The point of exhaustion is pretty much now (give or take a few months).  

In my opinion Dash has already bottomed out and is currently going through an accumulation phase :



I suspect it will start growing in btc value the next few months untill accumulation phase ends and rapid growth (bull market) starts.  
Only thing that can impact Dash (and all other altcoins) is wild sell movements from Bitcoin, but that will most likely impact Dash btc value less (because of its bottoming-out process) then Dash fiat value.
When Bitcoin after a wild sell movement correct upward again, then Dash fiat value will correct upward with it.

[bitgolden]

Of course, without any hesitation Dash is good for investment. You can invest on DASH because of some reason.
Reasons is, 15th rank of coinmarketcap. And It is listed more than 200+ pairs. People using Das for trading and investing a lot of. So I think it can be good near future.   

For short term investment or day trading, I don’t think dash is advisable as you think sir, have you taken time to study their market for that past 12 months ?

It’s only advisable to invest in this type of coin that has lots of uncertainties if it’s for a very LONG TERM investment, there are so many coin like DASH too that I have but I don’t see them as a get rich quick cash as it may take a very long time to double even the investment if it will ever happen, the highest they can go is 150% ROI in years.