Is Dash undervalued?

[pixie85]

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.

I'd say that 100% of altcoins lost value in the 2018-19 bear market.
The question was are they in a bull market again.

I think that they are not because almost none of them have recoveded more than 50% of their bear market losses. If you look at their all time charts they look like they're still in their lows.

[qwizzie]

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.

I'd say that 100% of altcoins lost value in the 2018-19 bear market.
The question was are they in a bull market again.

I think that they are not because almost none of them have recoveded more than 50% of their bear market losses. If you look at their all time charts they look like they're still in their lows.

Yep, here is an overview of marketcap and % down from ATH that i made for Top 20 Crypto Coins 9 days ago :

Top 20 Crypto Assets, ranked according marketcap and category
Date : 1st of October 2020



Source :

https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/
https://messari.io

A lot of Altcoins seem to be in the middle of a re-test of their low. Most are 80%-95% down from ATH. Basically Dash has been sidelining since early 2020 between $60 (low) and $90 (high).
The negative price volatility per month (Monthly Change %) seems to be low for Dash these days.

Like many Altcoins, Dash is currently very undervalued. Maybe more undervalued then others when you understand how much development has been put into this project,
even during a brutal and very long bear market.

Here are 4 very short videos explaining what Dash has been working on for the last 5 years, and which is getting close to release on Dash Testnet (End of 2020) :

Dash is Becoming a Cloud | Dash Platform #1
https://www.youtube.com/watch?v=9WqUMrIN58Q

What is Dash Drive? | Dash Platform #2
https://www.youtube.com/watch?v=14N5pnl5W0Y

What is Dash's Decentralized API? (DAPI) | Dash Platform #3
https://www.youtube.com/watch?v=S0pq-qOu9cQ

Usernames & Dash Platform Name Service (DPNS) | Dash Platform #4
https://www.youtube.com/watch?v=qQ4WikHu32E

Dash Platform Protocol (Final video)
Video not released yet

Dash Roadmap
https://www.dash.org/roadmap/

[Kunnu]

According to the last couple of years performance of Dash it clearly looks undervalued to me but I believe that Dash is very capable coin and it may get back on track in near future. The current momentum of its progress looks positive to me hopefully there will be some beneficial occasions for its holders and investors.

[trauchot]

Dash is a very popular cryptocurrency and many investors invest in Dash for good profit, and I also invested in Dash a couple of months ago because I believe that the price of Dash will soon start to grow, because you by yourself see that there are only 19 million Dash available and I think big players will pump Dash when the time will come, and updates from the company are constantly being released, so Dash pump will be soon.

[fammy]

I think Dash coin should just make a huge development to be patronize and have a better number of investors once again if they wanted to regain what has been lose to their reputation as one of the top ranked altcoin. I know that Dash is really a good altcoin to invest with also I just don't think that is undervalued but instead under-develop as of the moment.

[SquirrelJulietGarden]

If newbies don't know where to get news, updates and technical analyses (are given free) for DASH project, DASH's ANN thread is the place for them.

Announcement thread: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

qwizzie made that post with his personal analysis on DASH and describe his analysis very detailed. I don't need to say more because he is professional, I am not.

Undervalued, now!

DASH / USD on Poloniex, Monthly Time Interval


Source : tradingview

Lowest price : $31.37
Date : 1st of March 2020

Looks like we are sidelining for awhile now, between roughly $60 (low) and $90 (high).
Dash has relatively low negative price volatility in comparison to other crypto coins (see 'Monthly Change %' : https://bitcointalk.org/index.php?topic=421615.msg55293078#msg55293078)

DASH / BTC on Poloniex, Monthly Time Interval


Source : tradingview

Lowest price : 0.00532587
Date : 1st of December 2019

Looks like we are doing a re-test of this price.

[Vishnu.Reang]

I think Dash coin should just make a huge development to be patronize and have a better number of investors once again if they wanted to regain what has been lose to their reputation as one of the top ranked altcoin. I know that Dash is really a good altcoin to invest with also I just don't think that is undervalued but instead under-develop as of the moment.

There was a time when Dash was being regarded as the best PoS coin available at the market. So a lot of people invested in it. But when the prices crashed in 2018, many of them ended up with huge losses. The other altcoins made their recovery in 2019 and 2020, but Dash didn't went up as much as these coins. Another factor was the closing of BTC-e/Wex.nz. It was a major market for Dash.

[Abiky]

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.

So far, DASH is sitting below Binance's stablecoin (BUSD) in terms of market cap. It has managed to remain among the top 50 cryptocurrencies in market cap, despite experiencing decreased interest/demand from everyday users. The cryptocurrency still has an active development team and community backing it every step of the way. With innovations such as ChainLocks and instant transactions (via the InstantSend feature), DASH is still a relevant cryptocurrency for everyday payments. What doesn't seem to go accordingly is DASH's current price vs total/max supply. The leading masternode coin (DASH) is much scarcer than Bitcoin or Litecoin, yet it's still in the "double-digits" in price. If we were to compare DASH vs BTC and LTC, you'll realize that it's far superior (technically speaking). But money talks more than anything else. And so far, Bitcoin and Litecoin are in the lead because there's an ever-growing demand for them on the market.

Whenever DASH is currently undervalued or not, will depend on a person's perception about the cryptocurrency itself. At least, DASH's proven track record of development and innovation will keep it going for years to come. Remember, crypto is not about becoming rich in the short amount of time. Instead, it's all about being useful to the world as an alternative financial system for truly decentralized and censorship-resistant payments. And so far, DASH and other major cryptocurrencies have done their job well by focusing on security/reliability above all else. I'd be surprised if DASH gets past $2k in price sometime in the future. Just my opinion

[Chuky92]

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.

I stand to be corrected, but I think most privacy coins are under this category. Just like you pointed out, DASH is one of the outstanding privacy coins in this space but seems Monero is always at the forefront. Nevertheless, I think maintaining a particular price range doesn't really spell bad for Dash, this is because there are many old cryptocurrencies that are no where to be found currently, in fact no one is even thinking about them. But since privacy coins are just few, I believe with constant development, a time will come when the attention will be moved to privacy coins again and the required growth of Dash will be witnessed.

[DarkDays]

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.

In comparison to other alts Dash isn't bad for some of the reasons mentioned above. The coins in top 5 are ranking high because people use these coins more than others thus giving it more value. Not many coins are accepted by many stores, and despite Dash trying to be as innovative as it has been unfortunately for some reason it hasn't won investors over  and without investors the coin just can't move. much up the ranks. The best it can do is maintain its value.

With regards to Dash being undervalued, I think in the larger picture probably it isn't. There are too many coins out there and for one to stand out by being in top 5 it must be largely backed by investors and lots of people and even larger organisations. For instance, even in the gambling industry dash isn't particularly the coin of choice.

[fullhdpixel]

For 71k investment, you are getting about 4k return per year on around 5% profits from the masternode of DASH. Obviously this is not the end of it, the price of dash could drop and that means even with your masternode you could lose money, or price could go up and you could make double or even more of your masternode profit. It means you do not really consider the masternode income as the only thing.

However if we consider that, per year 5% return on fiat is just something silly, there is rarely ever anything that good and that is why I think it is quite near impossible to make it sound bad ever. Dash is a great investment, and you get a decent return from it as always, price could go up but the reward usually goes up as well. Only thing you have to ask yourself is if price going down or not in near future.

[anume123]

Dash is a very popular cryptocurrency and many investors invest in Dash for good profit, and I also invested in Dash a couple of months ago because I believe that the price of Dash will soon start to grow, because you by yourself see that there are only 19 million Dash available and I think big players will pump Dash when the time will come, and updates from the company are constantly being released, so Dash pump will be soon.

As I thought old coins not pumping up except Bitcoin will pump some popular altcoins will go thru, From now let you focus on the present coins that can earn and have potential for hold it for a long time that can earn you some big profit.

[grandpix]

Dash is a very popular cryptocurrency and many investors invest in Dash for good profit, and I also invested in Dash a couple of months ago because I believe that the price of Dash will soon start to grow, because you by yourself see that there are only 19 million Dash available and I think big players will pump Dash when the time will come, and updates from the company are constantly being released, so Dash pump will be soon.

As I thought old coins not pumping up except Bitcoin will pump some popular altcoins will go thru, From now let you focus on the present coins that can earn and have potential for hold it for a long time that can earn you some big profit.

The defi tokens are getting the attention of investors, they probably don't pump in the old coins at the moment. However, investing in DASH is a good investment, it is at the ideal price to buy.

[proTECH77]

Sometimes it's good to do your personal research to know if that new project have a future before you start investing on that particular project. Dash has is own season is use to pump that will make many people to have interest according to some researcher, and we are approaching the season when the coin will be leading in the market by pumping more than other cryptocurrencies
Many investors still prefer to invest with dash coin than all those new project they don't really understand in profit making. There is hope that dash will improve in the areas of market that will make most of the investors come back to enjoy their profit making.
I think dash will improve to top up all the cryptocurrencies to become first position.

[Wenbing]

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.

Your question look like an investment based question. Well, innovation is not enough, we have to know what are the project champions doing to take Dash to the market.

When I say market, I mean all the processes involved in marketing, evaluation and investing.

[iTradeChips]

I think it is not really that undervalued, as it is still could be found as one of the top cryptocurrencies of on all markets. But if you are going to think about it, there are also many coins that have lower value to dash but also have the same features that were mentioned in this thread. I think it has a big potential as many old timer investors are also into the said coin and as it has a market cap of almost 670 million. We can bet that this would be a very good currency to invest with for a long time ahead.

[el kaka22]

If you really want to have some sort of interest rate with a bit of stability DASH is the way to go by logic, it is technologically like a savings account that gives you interest rate. Sure there are places that gives you money if you are willing to give your bitcoin, that way you would be making profit with your bitcoin as well, like freebitco.in who gives you 4% yearly interest on your bitcoin compared to just about 6% profit on your dash so some people could prefer that.

But the difference is, with dash you are the one in control of your money, when you get your profits you use it, when you have the dash masternode you can break it, it is all yours and nobody ever takes control of your money, we don't know what could happen to other places but your own money will always be under your own control which is more safe.

[libert19]

There won't be much returns, it's already at pretty high price. You can get better returns by 'gambling' at new launches lol

[Gotumoot]

I think the reason why Dash is still at a low value is due to its staking I am impress how it is still having a great value even though we could use it for staking and earn more Dash.
It is only my idea why Dash still have low value for others I have seen so many staking coins that goes down easily because of it,
There are more people who would sell rather than buy it those who already have own staking coins would just continue to stake it and wouldn't accumulate more by buying.

[puremage111]

IMO, Dash is fair or maybe slightly above valuation
Not saying that Dash won't move up in price or SHOULDN't move up in price

But i feel given the time the whole crypto industry grows
Dash is merely just a Blockchain "coin"
It does not have any other feature like smart contracts, dapps and etc
It only provide people to "transfer" and "receive"
Nothing Else