Shasha80
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October 16, 2020, 09:51:51 AM |
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I don't think Dash is undervalued, because if we look at the data that Dash has a market cap of around $ 651 Million, and a volume (24h) of approximately $ 566 Million. This proves that Dash's demand is quite high, so I don't agree with Dash being undervalued. But unfortunately if we want to do anonymous transactions, we would prefer to use XMR instead of Dash. So Dash is only losing popularity, but still Dash is a privacy coin that is still in demand today.
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qwizzie
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October 16, 2020, 07:08:11 PM |
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Here is the final video : What is Dash Platform Protocol? (DPP) | Dash Platform #5https://www.youtube.com/watch?v=y8LDANH6Ggw&feature=youtu.be
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qwizzie
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October 17, 2020, 09:41:48 AM Last edit: October 17, 2020, 10:15:31 AM by qwizzie |
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The privacy project $0xMR is a better investment imo, and it hasn't mooned yet.
Dash use cases and strong points: * Instant settlement of transactions (within a few seconds transactions go from sender to receiver, fully spendable and fully protected against double spending) * Dash network is protected against 51% attacks through ChainLocks (not even Bitcoin is fully protected against 51% attacks) * Masternode Rewards for masternode operators (currently 5.64% annual revenue, once v0.16.0.1 gets activated that % will increase over a period of 5 years) * Miners rewards for miners (once v0.16.0.1 gets activated the miners rewards will decrease over a period of 5 years) * Low Transaction Fees (average transactions fees : $0.003) * Optional privacy on transactions Once Dash Platform gets implemented on Dash Mainnet (somewhere 2021), Dash will gain additional use cases thanks to Dash Blockchain Identity, Dash Blockchain Usernames, Dash Blockchain Storage, Dash Decentralized API, Dash Data-focused Dapps and an additional revenue stream for Dash masternode operators (Dash Platform will run on a side-chain with its own fees model, those Dash Platform fees will be distributed to masternode operators). This post is to highlight that Dash has evolved from just a privacy-focused cryptocurrency (like Monero, Zcash, $0xMR) to a cryptocurrency focused on fast and secure transactions, with low fees and optional privacy and will use Dash Platform to strengthen that focus on transactions, while providing users and merchants with increased ease of use.
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imstillthebest
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October 17, 2020, 10:05:32 AM |
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I don't think Dash is undervalued, because if we look at the data that Dash has a market cap of around $ 651 Million, and a volume (24h) of approximately $ 566 Million. This proves that Dash's demand is quite high, so I don't agree with Dash being undervalued. But unfortunately if we want to do anonymous transactions, we would prefer to use XMR instead of Dash. So Dash is only losing popularity, but still Dash is a privacy coin that is still in demand today.
i also think its under value because the coin is not being talked about the most but i know that this coin is one of the top coins . the coin is also present on many gambling site . i didnt know that dash is a privacy coin too same as monero but its true that monero is more popular when it comes to privacy coin choice . dash should promote its other top notch feature if the coin cant win in the privacy category . or why not update the dash like what we are seeing on other coins like eth that have thier eth 2.0 , that way dash can be re discovered again .
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qwizzie
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October 17, 2020, 10:15:52 AM Last edit: October 17, 2020, 10:47:06 AM by qwizzie |
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I don't think Dash is undervalued, because if we look at the data that Dash has a market cap of around $ 651 Million, and a volume (24h) of approximately $ 566 Million. This proves that Dash's demand is quite high, so I don't agree with Dash being undervalued. But unfortunately if we want to do anonymous transactions, we would prefer to use XMR instead of Dash. So Dash is only losing popularity, but still Dash is a privacy coin that is still in demand today.
i also think its under value because the coin is not being talked about the most but i know that this coin is one of the top coins . the coin is also present on many gambling site . i didnt know that dash is a privacy coin too same as monero but its true that monero is more popular when it comes to privacy coin choice . dash should promote its other top notch feature if the coin cant win in the privacy category . or why not update the dash like what we are seeing on other coins like eth that have thier eth 2.0 , that way dash can be re discovered again . Dash has less risk of getting removed from exchanges, then privacy-focused cryptocurrencies like Monero & $0xMR, because Dash uses optional privacy that is based on CoinJoin (developed for Bitcoin and still active on the Bitcoin network). Dash optional privacy method (PrivateSend) explained https://docs.dash.org/en/stable/introduction/features.html#privatesend (press reload if it does not load correct first time) CoinJoins as a Percentage of All Bitcoin Payments Have Tripled to 4.09% Over the Past Year https://en.longhash.com/news/coinjoins-as-a-percentage-of-all-bitcoin-payments-have-tripled-to-409-over-the-past-yearI actually suspect there is more mixing activity happening on the Bitcoin network (through CoinJoin), then on the Dash network (through PrivateSend). Both Dash and Bitcoin have publicly viewable open blockchains, privacy-focused cryptocurrencies like Monero tend to have closed-off blockchains. https://dashnews.org/okex-korea-pauses-previously-announced-dash-delisting-pending-reasearch/ Dash is still traded there : https://okex.co.kr/kr/view/exchange/full?coin=DASH&market=BTC They did delist Monero. https://cointelegraph.com/news/australian-exchanges-delist-privacy-coins-amid-chainalysis-integrationDash is still traded there : https://www.coinspot.com.au/buystop/dashThey did delist Monero https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debankedDash is still traded there : https://swyftx.com.au/buy/dash-dash/They did delist Monero
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Abiky (OP)
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October 17, 2020, 07:10:38 PM |
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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 ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) 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. As an long time investor of DASH, it sucks to see the cryptocurrency experiencing declined interest in the mainstream world. Other cryptocurrency projects are lucky in part because there are many investors pouring money in them. At least, the DASH project is active with a plethora of developers and individuals supporting it every step of the way. What matters is not price, but rather the usability of a Blockchain network. DASH's rock-solid features and long-term stability proves us that it's extremely useful for the world. What I enjoy about DASH the most is its instant transaction confirmation times (using InstantSend) and protection against 51% attacks (using ChainLocks). This could make DASH survive for a very long time. While other coins will continue to rise in price like there's no tomorrow, DASH will continue to grow under the scenes at a slow and steady pace. All in all, people will truly determine the value of DASH as time goes by. I believe that DASH is worth much more than just double-digits because of the aforementioned reasons. $1k per DASH seems feasible to me. In a crypto world where hype goes above anything else, cryptocurrencies with true usability (like DASH) will often be undervalued while others will gain traction at a fast pace. There's no need to worry about the price per DASH as long as it continues to work as intended. In my eyes, DASH is a hidden gem that's waiting to blossom sometime in the future. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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forexandcryptoauditor
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October 17, 2020, 07:44:41 PM |
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The faster transaction with additional privacy makes dash unique than other projects. I haven't seen any partnerships recently with dash. I think it's undervalued but dash should increase its exposure and need more partnerships for its growth.
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jacafbiz
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October 17, 2020, 07:57:28 PM |
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No, Dash is not undervalued, Dash is one of the project that pioneer Masternodes and the hyp around masternodes is gone and this is what we are going to see about these farming projects also, once the reward decreases you see people moving out their money from it. It is a zero sun game
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bonjouros
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October 17, 2020, 08:29:27 PM |
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Dash has a long way before it can challenge that top 5 position even if we can say that it has plenty of usage because if you are going to check also the coins that are ahead of Dash, they have plenty of unique features also that is why they deserver their current ranks. If you say that Dash is undervalued then the team behind Dash is the main responsible to it either they are lazy enough to market their project further or they lack some unique strategies to increase their demand together with the price and their market capital.
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Abiky (OP)
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October 26, 2020, 07:44:45 PM |
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No, Dash is not undervalued, Dash is one of the project that pioneer Masternodes and the hyp around masternodes is gone and this is what we are going to see about these farming projects also, once the reward decreases you see people moving out their money from it. It is a zero sun game
Exactly. Dash is the pioneer of masternodes, which has proven to be quite an innovative way to help maintain privacy while bringing instant confirmation times to the Blockchain. While most masternode coins have failed in the long run, Dash is still alive and running since its inception. Rewards for maintaining a Dash masternode are a lot higher than what its competitors offer right now. What I don't like about Dash is the static collateral requirement for masternodes which is 1,000 DASH. If you multiply that against current prices, you'll realize that it's pretty expensive to get a Dash masternode to start earning rewards. This leaves the "little guy" out of the system. If the Dash team leaves the collateral requirement as is, the network may become extremely centralized if prices go all the way to the moon. At least, that's the only critic I have about Dash. Its instant transactions, privacy features, and now a new mechanism to protect itself against 51% attacks (dubbed "Chainlocks"), will make Dash a popular cryptocurrency in the long term. I believe that it's still undervalued because all of the features it provides, as well as, having a much more limited supply than Bitcoin. Dash should be sitting at around $2,000 (USD) per coin, but it's hovering between the $75 - $80 range. At least, the Blockchain works as intended. No matter what Dash's prices will be in the future, its usefulness will allow it to survive for many generations. I see a world where Bitcoin, Ethereum, and Dash become the leaders of the decentralized economy. They're old, but proven Blockchain networks that can stand the test of time. Ultimately, people will decide whenever they'd want to keep supporting Dash or not. If there's no demand for Dash, except its price to go to zero in the future. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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btc-facebook
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October 27, 2020, 02:10:53 AM |
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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.
Yes, this is one of the weaknesses of coin staking, the value of coins will continue to decrease if there is no market demand, if you really like coin staking it is better to choose coins that are active and each month has a clear development, because if there is no clear development it is likely that the coin price will continue to fall.
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seoincorporation
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October 27, 2020, 02:18:39 AM |
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As we can see in coinmarket cap there is a max supply of 18.9M Dash, and the current supply is 9.7M, so for the current price ($70.6) we could say it's undervalued. But the price of the coin comes with their original features, and i don't see some awesome features on this coin, for me, it doesn't bring some revolutionary upgrades on the bitcoin core and i think this is the main reason why people isn't interested at all in buying the coin.
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qwizzie
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October 27, 2020, 06:16:40 AM Last edit: October 27, 2020, 08:02:01 AM by qwizzie |
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As we can see in coinmarket cap there is a max supply of 18.9M Dash, and the current supply is 9.7M, so for the current price ($70.6) we could say it's undervalued. But the price of the coin comes with their original features, and i don't see some awesome features on this coin, for me, it doesn't bring some revolutionary upgrades on the bitcoin core and i think this is the main reason why people isn't interested at all in buying the coin.
Four big advantages that Dash has over Bitcoin : 1 : Incentivized full nodes / masternodes 2 : Network protection against 51% attacks 3 : Instant transaction settlement (sent, confirmed and spendable by receiver within seconds) 4 : Decentralized optional privacy Once Dash Platform hits Dash Mainnet in Q1 of 2021, more advantages open up for Dash over Bitcoin : Data-type Dapps & Contracts Data storage on the masternode network Decentralized API (unique in the crypto world) Blockchain Identity and Blockchain Usernames I consider the masternodes, the instant settlement of transactions, the network protection against 51% attacks and the Dash Platform revolutionary upgrades, some of which have already been implemented in other crypto projects. Even Dash Governance model and DAO setup can be called revolutionary. Number of Dash masternodes just reached new ATH of 5007, most likely due to our current Dash Core V0.16.0.1 containing a blockreward allocation change that will shift a part of the mining rewards (-9%) to masternode rewards (+9%) in a period of 5 years. Thereby increasing Dash store of value and making it more attractive for investors to setup more masternodes. Dash blockreward allocation changes from 45% miners / 45% masternodes / 10% budget to 36% miners / 54% masternodes / 10% budget over a period of 5 years.
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zasad@
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October 27, 2020, 09:55:02 AM |
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On the other hand, we see that many cryptocurrency services are moving away from the "just bitcoin" policy and adding other coins to their platforms, such as Ethereum, Litecoin, Dash and others. But on the other hand, the possibility of anonymous payments prevents this cryptocurrency from trading on most major exchanges. In 2020, we see only a fall in the price of this coin.
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qwizzie
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October 27, 2020, 10:48:02 AM |
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On the other hand, we see that many cryptocurrency services are moving away from the "just bitcoin" policy and adding other coins to their platforms, such as Ethereum, Litecoin, Dash and others. But on the other hand, the possibility of anonymous payments prevents this cryptocurrency from trading on most major exchanges. In 2020, we see only a fall in the price of this coin.
Dash is traded on most major exchanges : Binance Binance US HitBTC Huobi Okex Bithumb Coinbase Pro Coinbase ZB.com Bitfinex WhiteBit eToroX Kraken Poloniex Dash stayed listed on exchanges where privacy-centric cryptocurrencies like Monero were delisted : https://dashnews.org/okex-korea-pauses-previously-announced-dash-delisting-pending-reasearch/Dash is still traded there : https://okex.co.kr/kr/view/exchange/full?coin=DASH&market=BTCThey did delist Monero. https://cointelegraph.com/news/australian-exchanges-delist-privacy-coins-amid-chainalysis-integrationDash is still traded there : https://www.coinspot.com.au/buystop/dashThey did delist Monero https://cryptonews.com.au/australian-crypto-exchanges-forced-to-delist-privacy-coins-or-be-debankedDash is still traded there : https://swyftx.com.au/buy/dash-dash/They did delist Monero In 2020 we see a fall in price of most Altcoins, not just Dash : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXWaKJob.jpg&t=665&c=oVNUNfqdQy22bg) Source : messari.io A two-three year long Altcoins Bear Season does that to Altcoins.
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bitgolden
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October 28, 2020, 12:05:41 PM |
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Dash is losing its last leg these days because of all the big staking and masternode and other methods of profiting while holding things coming out. The great thing about Dash was the fact that there were tons of people who used it because they wanted to buy a masternode and make a profit from that, you could have anything between 1 or 100 masternodes and no matter where you live even in the most expensive nations you could have lived without working ever again.
Obviously for that much money there are other methods too but some people preferred this method instead. Hence why it was so popular and it was bought so much. The problem right now however is the fact that there are swaps, more stakes, online other proof methods, basically tons of ways you could make more money with your money in crypto world.
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unusualfacts30
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October 28, 2020, 12:18:30 PM |
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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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Looking at its cap and rating I don't consider it to be undervalued if you compare it to rest of the crypto coins. Yes, you will see new coins that came out recently pulling money from these top coins. In the long run it'll come back to these coins once investors start getting burned from their hype investment. If you had compared current alt market to 2017 you would see most of them are quite undervalued compare to their past performance with btc being at the same price.
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gwdf1
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October 28, 2020, 01:36:13 PM |
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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.
Yes, this is one of the weaknesses of coin staking, the value of coins will continue to decrease if there is no market demand, if you really like coin staking it is better to choose coins that are active and each month has a clear development, because if there is no clear development it is likely that the coin price will continue to fall. Dash was one of the best coins several years ago. Unfortunately, many investors lost their money when it was on the top, and they bought it. The altcoin is times cheaper now, and I doubt that it will let guys who hold it return money they invested.
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qwizzie
Legendary
Offline
Activity: 2548
Merit: 1245
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October 28, 2020, 05:18:08 PM Last edit: October 28, 2020, 05:43:39 PM by qwizzie |
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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.
Yes, this is one of the weaknesses of coin staking, the value of coins will continue to decrease if there is no market demand, if you really like coin staking it is better to choose coins that are active and each month has a clear development, because if there is no clear development it is likely that the coin price will continue to fall. Dash was one of the best coins several years ago. Unfortunately, many investors lost their money when it was on the top, and they bought it. The altcoin is times cheaper now, and I doubt that it will let guys who hold it return money they invested. I think you will be shocked when the bear market turns into a bull market for Dash and will start doing some crazy shit to the Dash price. Number of masternodes is on an All Time High right now at the height of the current Altcoins bear market, think about what that means. Masternode operators are long term investors after all and mostly invest because of ROI and expectations about future Dash price. Lets compare Dash with Bitcoin : Bitcoin reached $1,100 after 4 years and then corrected to $200 Dash reached $1,598 after just 3 years and then corrected to $31 (currently on $63) How many times did Bitcoin process a near 100% down from ATH price in its lifetime ? 3 times ? 4 times ? This is Dash 1st time. This is many Altcoins first time. I believe the Altcoins market will grow again, and Dash with it.
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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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