Is Dash undervalued?

[Abiky]

Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

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[cryptoperkele]

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Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run. For example people are aping in on food-meme tokens and money involved those is just insane. Yeah, Dash is highly undervalued imho, and so are may other older coins with good fundamentals. Shit tokens on the other hand seem to be on fire, and i am hoping that most of them come crashing down and money from those moves back to coins with real fundamentals.

[Killrbit]

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Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run. For example people are aping in on food-meme tokens and money involved those is just insane. Yeah, Dash is highly undervalued imho, and so are may other older coins with good fundamentals. Shit tokens on the other hand seem to be on fire, and i am hoping that most of them come crashing down and money from those moves back to coins with real fundamentals.

Fundamentals have never really meant much in crypto/altcoin market in my opinion. It didnt matter back in 2017-18 when tokens wit copy/pasted code and whitepapers were popping up like rats and it dosent mean anything today as well where most tokens arent even releasing white papers anymore and yet still managing to raise money in another form ( by getting retail investors to give them liquidity through uniswap Lp's by promising them 1 million% APY) Only thing that matters is hype and greed.

As the saying goes a fool and his money are soon parted.

[Charles-Tim]

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

Dash is not undervalued at all, it still makes its way to top 30 cryptocurrencies. But, there are many coins that have lower value to dash that have the features you mentioned above. What I noticed is that a coin can receive attentions from whales and many other investors, very possible Dash has potential to be pumped and make it way higher, and being at the 29th with a marketcap of $661.20 million as of the time I was writing this, it is still a very strong currency.

Dash is a strong currency.

[Coin_trader]

DAS is currently @ rank 30 spot on coinmarketcap.com with a 670M USD Market Cap. If you can consider it's price peak during 2017 to 2018, it is really undervalued but in genera, the current price is the normal price of Dash before it was pump during crypto hype. There is a lot of competitors out there which is the reason why Dash was already fall behind the ranking even though its current marketcap was there average M.cap.

Don't expect that it will be hype same as the previous price pump same with NEO. A lot of Blockchain project already ahead of them so its very hard for them to attract tank all the investors money.

[bitmover]

Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

Dash was worth about 1600 in its ath
Now it is 70.
I would stay away just because of that. It is probably go to zero imo.

Additionally,  what can it really do that bitcoin cant?
Btc is resilient enough,  that 51% doesn't mean much.

Dash was heavily premised, which is very unethical. 11% of total coins were instamined in the same wallet and still sits there.
https://bitcointalk.org/index.php?topic=1043923.0

[optimisticcm]

Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

Some old coins like Dash are really good projects and investment point of view as well they made many people rich but in the current market and environment the situation is a bit tricky i mean these good coins like dash have to be proactive and make necessary updates and improvements and try to grow with the current market to not look old or outdated, having said that i do agree that Dash is undervalued and will grow with the bull market.

[togoshigekata]

Chainlocks is awesome

Chainlocks theoretically makes it almost impossible to perform a 51% attack on DASH!

- https://dashnews.org/andreas-antonopoulos-calls-dash-chainlocks-a-smart-way-of-preventing-51-attacks/

- https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9

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On the privacy feature, Privatesend, I think its too complicated to use,
and I dont think its used much, theres also no reward to add liquidity to it,
I also feel the community doesnt care about privacy as much as they used to

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Instantsend is awesome, transactions confirm INSTANTLY
I bought a Dominos gift card with Dash using Bitrefill: https://www.bitrefill.com/buy/dominos-usa/
payment went through INSTANTLY, added it to the end of my order
I paid crypto for pizza!

=

I believe Dash is definitely undervalued
and that it hasn't gotten the attention it deserves

[Abiky]

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run. For example people are aping in on food-meme tokens and money involved those is just insane. Yeah, Dash is highly undervalued imho, and so are may other older coins with good fundamentals. Shit tokens on the other hand seem to be on fire, and i am hoping that most of them come crashing down and money from those moves back to coins with real fundamentals.

Exactly. Most people are focused on making a quick buck, rather than following a crypto's fundamentals. What matters is not how much money you'll be able to make with an specific cryptocurrency, but rather how useful it is for daily payments. A stable blockchain network with decentralization and security in mind is built to last a lifetime. Regardless of what DASH's price may be in the future, it'll survive a lifetime because of its rock-solid development and innovation. Not to mention, it's much more useful as digital cash than most cryptocurrencies out there on the market.

DASH's current features should've allowed it to reach the top 10 ranks in market cap by now. The cryptocurrency has a limited supply, and most importantly, a mechanism to protect itself against 51% attacks. While other small blockchain networks have been trying to figure out a way to prevent further disruptions, DASH already solved this problem. For instance, Ethereum Classic (ETC) has been subject to various 51% attacks during this year. But the dev team haven't adopted a mechanism to protect the Blockchain against such disruptions. They've could've easily adopted DASH's "ChainLocks" mechanism via the use of masternodes, or simply relied on Bitcoin's hashrate for security (dPoW). Being unable to provide a solution to the problem, makes DASH a superior coin in my own opinion.

Nonetheless, DASH may be undervalued but it's still one of the best cryptocurrencies around. There are many businesses and merchants accepting it, which is a good sign of mainstream adoption. When a cryptocurrency has this, it'll be able to last for long. While most newly-hyped coins and tokens with no future will eventually fail, DASH will survive alongside old coins like Bitcoin and Ethereum. If money starts pouring into DASH, we could expect prices to go above $70 in a blink of an eye. Let's hope DASH reaches a price of $1k per coin in the future. Just my opinion

[3meek]

I don't think that DASH is very undervalued, but it costs proportionally for all the old projects... By the way, if you want to be anonymous, then choose XMR! By your logic, Monero is also undervalued!  

[Abiky]

I don't think that DASH is very undervalued, but it costs proportionally for all the old projects... By the way, if you want to be anonymous, then choose XMR! By your logic, Monero is also undervalued! 

I'm not referring to DASH's privacy features, but rather its instant transactions and resistance against 51% attacks. DASH, being a smaller blockchain network than Bitcoin, has been able to solve many issues inherent within most cryptocurrencies available on the market today. In addition, DASH has a much more limited supply than Bitcoin. With a rock-solid foundation, the old privacy coin should've been among the top 5 cryptocurrencies in market cap. But it seems to me that people are into the "next big thing in crypto" instead of following cryptocurrencies with real use cases for the mainstream world. As long as the hype in new coins persists, DASH will be left behind other old coins in terms of market cap (and possibly mainstream adoption).

Whenever DASH is undervalued or not, will truly depend on a person's perception more than anything else. As long as the network stays healthy and the underlying cryptocurrency is actively traded on the market, DASH holders (like myself) should have nothing to worry about. Ultimately, it comes down to usability than a cryptocurrency's price on the market. And DASH is an extremely useful coin with unique features not found elsewhere. Just my opinion

[int03h]

I don't invest in DASH but I know it's a good cryptocurrency. DASH is at the forefront of technology and creates a master node of the trend, change the confirmation method combining POW and POS. Many cryptocurrencies have learned to convert mining methods from DASH. The present value of this coin is the potential, if the market explodes, DASH will inevitably increase in price.

[bitcon]

I don't think that DASH is very undervalued, but it costs proportionally for all the old projects... By the way, if you want to be anonymous, then choose XMR! By your logic, Monero is also undervalued!  

Dash is a great coin, one of the best. The level of coins needed for the node is a little high, and I think the rate is artificially high, but there are still more advantages. I hold some Dash alts as I'm sure the project will develop, and the coin will rise in price. As for the anonymity, I doubt it's better to just use it for payments. But in general, it is a good coin, although I would not recommend holding too many DASH alts.

[mersal]

Instamine controversy is one of the main reason why Dash didn't get the same recognition as moenro ever though both are somewhat similar, people lost their trust on it but still it is hanging at good region.when there is more need for privacy coins over pseudo privacy coins then Dash also will go to moon and in my opinion is has potential since it has real life usage.

[pixie85]

Dash is undervalued along with some other really useful alts like ETH and XMR while many shitcoin slike BSV, BCH and XRP are overvalued. I'm waiting for it to turn around.

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run.

Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.

[perfect999]

Not really. It’s a good cryptocurrency, but being that good doesn’t mean that it must be in the top five. Yes it has very good features, maybe if you start comparing it with other cryptocurrencies, especially those that are in that top five you have said, you will notice that Dash is already in a good position. And a market price of over $60 and market cap of more than $6,00 million isn’t bad anyway.

Dash currently sits in the top thirty, that’s not bad. And there’s still more chances of the price going up in future.

[benthach]

Dash is one of those old privacy coins with unique features not found elsewhere. For instance, the project has adopted a mechanism dubbed "ChainLocks" to protect the Blockchain against 51% attacks. It also has instant transactions (InstantSend) and privacy features (CoinJoin) baked into its protocol. Yet, Dash has been under the radar of many investors and traders alike sitting around $70 per coin. With a proven track record of development and innovation, Dash should've been in the top 5 cryptocurrencies in market cap by now.

Do you think Dash is undervalued? If not, why? Your input will be greatly appreciated. Thanks.

the value is given by the crypto community, probably the community just tired of it and moving on

[StephenJH]

Agree, Dash is still undervalued but there are more reasons to look from different perspectives. Maybe the years when it was best to buy staking coins have lost the meaning for the crypto community and investors are not interested to invest in Dash.

Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.

Depending on the ATH price for each altcoin, almost 95% of altcoins have lost value in the bear trend. The correlation will show us it worth investing in the new projects which have more potential to make the second wave to ATH.

[larus]

Dash is a dead coin. Yes, it has some nice features but its too cheap right now. Too many people lost money on it

[rajakulam]

Of course, it can't be underestimated, it's just that new coins are superior to DASH so investors prefer to invest in other coins that are more popular today.