What do you think about DASH?

[chip1994]

What do you think about DASH for investing?

talk about DASH, we all know that it is the most advanced coin like bitcoin. it is not owned by the developer and its system is open source. Therefore, we can understand briefly that DASH is a very successful upgrade of Bitcoin. but it has a much better advantage than bitcoin as it uses the X11 algorithm, PoS is a big advantage of it. When investors realized the uptrend was coming, everyone put their money to buy coins with PoS algorithm to increase profits by double or triple. So you should try investing in DASH too, the risk rate is quite low when bull run is coming, only mining coins are growing. DASH will undoubtedly be one of the coins with the highest growth rates in the near future.

[1714900364]

1714900364

[zenhu]

Dash is my favorite altcoin when btc got crashed, it always going up when btc and almost altcoins goes down. You can look into the history chart. Its shown that whenever bitcoin have bear trend then dash always have bullish at the same time. That is one of characteristic from dash I knew so far. I'm not looking into what the next target, next roadmap, i just choose dash when bear market.

[darewaller]

What do you think about DASH for investing?

Dash comes under one of the most popular cryptocurrency. People have faith in Dash and also we can find a number of long term holders holding dash in their portfolio. Dash actually is a digital cash which you may spend everywhere you wish and it might also bring dash to a newer generation where local payment means would be replaced with dash for instant, secure and mobile-friendly transactions.

Dash have huge potential because it might soon turn out to be a need of most of the people who love to transact digitally in their native countries for purchase goods and services. Dash might serve us as a coin which would replace the traditional financial monetary systems and this would bring huge demand for dash. This might attract us investors to stay close with dash and at least hold some amount in our portfolio bag with some other potential coins.

[qwizzie]

Numbers dont lie. Fiat inflates (value loss) by about 2,2% annually.



Dash supply reduces by 7,1% and Bitcoin new coin supply halves every 4 years

Interesting data.
Do you have a source link for me? (to the Dash<> Bitcoin comparison over the years part)
Would be interesting to do a comparison from 2009 (when Bitcoin started), so we can compare both cryptocurrencies better with regards to generated supply.
Also i would like to see the data for 'Still Available Bitcoin' before 2020.

Thanks in advance.

[Tash]

Numbers dont lie. Fiat inflates (value loss) by about 2,2% annually.



Dash supply reduces by 7,1% and Bitcoin new coin supply halves every 4 years

Interesting data.
Do you have a source link for me? (to the Dash<> Bitcoin comparison over the years part)
Would be interesting to do a comparison from 2009 (when Bitcoin started), so we can compare both cryptocurrencies better with regards to generated supply.
Also i would like to see the data for 'Still Available Bitcoin' before 2020.

Thanks in advance.

According to Coinmarketcap after one year 1,635,850 Bitcoin existed, 7,79% of total
Most coins where mined in 2010, 16,15% of the total 21,000,00
Halving's every 210,000 blocks mined, November 2012, July 2016, May 2020... about every 4 years until 2140

                    Supply   Still Available Bitcoin
2009-01-03                     100,00%
2010-01-03     1 635 850   92,21%
2011-01-02     5 027 250   76,06%
2012-01-01     8 000 050   61,90%
2013-01-06   10 635 975   49,35%
2014-01-05   12 189 925   41,95%
2015-01-04   13 684 794   34,83%
2016-01-03   15 037 467   28,39%
2017-01-01   16 075 850   23,45%
2018-01-07   16 786 978   20,06%
2019-01-06   17 467 062   16,82%
2020-01-05   18 143 812   13,60%

Per year in % it looks like this,
Assuming the halving is on May 5 then it should be ~2,15% for this year
2009   7,79%
2010   16,15%
2011   14,16%
2012   12,55%
2013   7,40%
2014   7,12%
2015   6,44%
2016   4,94%
2017   3,39%
2018   3,24%
2019   3,22%
2020   2,1x%
2021   1,6x%
2022   1,6x%
2023   1,xx%
2024   0,80%

Edit:
Secondary visual graph https://www.blockchain.com/charts/total-bitcoins?timespan=all  halving angle change clearly visible

[mbakruroh]

I see Dash is TRX and Stellar biggest competitor, if they don't careful dash will take their position. We can see many proof dash keep trying to up grade system and increase users services into better place, even not always successful but many users stay in dash because of this. I don't believe supply will make people invest/ trade but is dash want to burn some supply I think it will much better than release give away.

[Mdmaruft]

Dash is very interesting coin. One of the top coin in coinmarketcap. Investing in dash is a good idea for investors. Personally i like dash.

[davinchi]

Dash coins for investment, I am sure this will have a great future because it doesn't declining just like other coins that became shitcoins. This coins did influenced a lot of traders who wanted to put their money at a promising stage of profit. Although it hasn't bounce amazingly, but it remains consistent on most trading sites.

Any of the coin does not simply just bounce to give you profits. There are reasons behind why it would pump and dump. We are in the early stage of the arriving bull runs. In bull runs, we can see almost each of the major coin having pump and moving along in an ascending graph with bitcoins. This would also affect dash and we would see great price for dash if we think in terms of long term holdings.

Dash is a potential coin which is been dominating the markets since long time so we could never assume dash to be among the shitcoins. Dash coin has lower prices on the markets but this lower price might allow us to gain higher profits by holding majority of coins.

[kevinzxz]

What do you think about DASH for investing?

dash is one of the best altcoin to be an investment, because the price of dash increases very high and no one can think that the price of dash can increases very high, so I'm sure the price of dash will continue to rise and provide profit if we invest in dash, because in my opinion dash is the best altcoin to use as an investment at this time, so don't hesitate to invest in dash and you will definitely get a very big profit.

[kekek]

DASH is a fairly good coin with a lot of benefits over Bitcoin. Personally, I'm accumulating as I get it but I don't particularly go out of my way to get it. Got it?

[mineshop.eu]

DASH is a fairly good coin with a lot of benefits over Bitcoin. Personally, I'm accumulating as I get it but I don't particularly go out of my way to get it. Got it?

DASH = CASH

[pokok_work]

I think fine. it's just that "regulation" is holding it back. DASH privacy coins are certainly also popular after XMR. good news also in venezuela right now this coin is very much needed there, because the country's economy is unstable and tends to choose crypto to save some wealth. Yes, in Venezuela the data is currently increasing and the need for supplies is due to the large interest in DASH coins in the country. also a solid team also fosters ecosystem development and focuses on Venezuela. for investment problems, I suggest research and opinion assumptions themselves are better, than following someone. so if you lose then there is nothing to blame.

source:
https://discoverdash.com/stats/

[shinratensei_]

Actually, whats the use cases of dash? Trading only?

It's not.
There are some use cases for dash
1. You can use dash is so many retailers and you can get the list of retailers which accepted dash as a payment.
https://discoverdash.com/

2. You can earn passive income from become a masternode or staking your dash

It's not only about trading but when you are interested to know more about that and what you need to do just to research on the official site. Trading is a one usecase for dash but it's much more to the speculation.

[qwizzie]

Dash is a cryptocurrency that is focused on providing fast, secure and low fees transactions and has developed the necessary
elements to function as digital cash. Also Dash has optional privacy (not much used on its network though).

Dash use cases (see specifications) :

https://www.dash.org/forum/threads/dash-core-group-q4-2019-summary-call-thursday-30-january-2020.49508/#post-219789


An increasingly large number of people are using Dash in Venezuela : https://beincrypto.com/dash-may-have-1-million-users-venezuela-years-end/

The reason for this is simple : you can pay for your every day purchases with Dash in an increasingly number of places in Venezuela (even Burgerking has opened its door to Dash),
get your transaction confirmed within a few seconds, have that transaction protected against double spending from the start, enable the receiver to spend the received Dash after just a few seconds.
No other cryptocurrency can give you this level of security and ease of use with regards to payments, for both users and merchants.

You can send Dash through apps (smartphone), online (PC & Point of Sales devices) and you can even send Dash on normal phones (not smart phones) through SMS (it is called Dash Text).
Dash is actively developing new use cases through its major new upgrade named Dash Platform (5 years in the making), that got released on Dash Public Testnet (Evonet) a few weeks ago.



To see what Dash Platform is about : https://www.youtube.com/watch?v=8jI7Nt3lILs
  

[bryant.coleman]

This was one of the coins that I considered for investment back in 2015/16, before eventually deciding against it. The reason why I decided not to invest in Dash back then was primarily due to price manipulation. If you check the charts from 2015 and 2016, then you may find several pump and dump cycles with this coin. Also, I thought that it was a bit overpriced. Anyway, this coin has failed to fulfill the hopes from the investors. During the past two years or so, it has lost more than 90% of its value.

[qwizzie]

Anyway, this coin has failed to fulfill the hopes from the investors. During the past two years or so, it has lost more than 90% of its value.

Most altcoins lost between 80% to 95% of their value, during the bear market. It is a bit unfair to just pin that on Dash.
  


And you sure missed out, by not investing in Dash before 2017. But lets be realistic : every cryptocurrency is subject to manipulation, has pumps and dumps, is volatile and is subject to
long term trends / cyclus. Maybe when there is mainstream adoption of cryptocurrency in general in 5-10-15 years or more, that will change. Or maybe not.

[Vanessamix]

DASh is a good project and has been maintaining the top coins in the coinmarketcap. But it is overhyped when comparing it with Bitcoin, that it will take the place and replaced the leading digital assets. Hope it will do well this year as it struggles for the past one year.

It can replace bitcoin in terms of payment adoption ,because as far as I know dash is focusing on making it easily adoptable for both small businesses and users/payers,

[bryant.coleman]

And you sure missed out, by not investing in Dash before 2017. But lets be realistic : every cryptocurrency is subject to manipulation, has pumps and dumps, is volatile and is subject to
long term trends / cyclus. Maybe when there is mainstream adoption of cryptocurrency in general in 5-10-15 years or more, that will change. Or maybe not.

I don't regret my decision. I was having an account with BTC-e/Wex.nz and I was planning to purchase Dash from there. When I made the initial plans (mid 2015), the exchange rate was around BTC0.012 per coin. Later, I cancelled my plans and kept the amount in BTC for long-term storage. Now the exchange rate for Dash is around BTC0.0125 per coin. That means that I would have made a profit of hardly around 2%, even if I had gone for Dash back then. I agree that DASH had a major bull run in 2017, when the exchange rates increased by almost 10x (against BTC). But that holds true for most of the altcoins. Even Ethereum went up by almost 20x (from BTC0.008 to BTC0.145). And I am someone who decided not to participate in the Ethereum ICO of 2014.

[joeperry]

Dash has been at this industry since 2014 and was known as "Xcoin" and has been rebranded as Dash in 2015 i think Dash has been stabled for the past years and its one of the most known for its masternode and its assurance of a private transaction through the private send option.

In regards with with trading lately Dash is making a noise we are not sure if it's an indication of market reversal but let's see in upcoming days dash have been doing pretty well and it's one of the old cryptocurrency on the market.

[dhakadhak1]

Dash coins is best coin for investment , it has a great future because it is very vital coin  than other shitcoins. This coins did influenced a lot of traders  and in 2020 price will increase more