Lately I have to say I have been pretty good in my predictions. Not to brag or anything ;) lol
My latest prediction was how undervalued Litecoin was and soon after has exploded into the upper 80's and lower 90's I still expect this to double by years end or sooner as Litecoins market cap value should ping it at about $150-$200 per coin.
So what might be the next big mover and what I mean by that is a coin with a stable background, core team and a clear road map of supporting the crypto not some pump and dump.
To me this next one is Dash, while it has seen drastic moves over the last few weeks the market cap for this coin is very low compared to its features and unique abilities compared to other cryptos.
I wrote a write up on Dashcoin a few days ago What is driving dash coin price In which I go over the 3 core reasons Dash has been doing so well and I believe will continue to do well.
What is Dash ?
Dashcoin which was formally known as Darkcoin (for reasons of it being unbreakable) is a unique system unlike other crypto currencies in that it works off of master nodes which allow for the advanced features of Dash. These master nodes are spread out all over the world however a majority of them are within the united states and Europe.
Dashcoin offers a bug bounty of $15,000 to try and break and crack their system however this has yet to be the case.
A total of about 19 Million dashcoins will be produced (compared to bitcoin of 21 million) This low amount is already a key to why it is still undervalued.
Dash Features
PrivateSend - Offers certain denominations such as 0.01 Dash, 0.1 Dash, 1 Dash and 10 Dash and so on to be sent in passive mode max send is 1,000 Dash. It provides a way to add privacy to transactions because it creates identical inputs where would make it harder if not impossible to trace.
Instant Send - Exactly what it says, you can send Dash coin instantly to others however if it fails it will end up going though the normal block chain for confirmations. Still a big plus in terms of possible features dash can improve on.
Master nodes - These nodes allow dash to have the ability to deal with quick growth. While bitcoin is a single miner dash is miners plus master nodes allowing for a 45% split on both the other 10% is pushed to the budget or treasury system. These masternodes are what control things like the private send, instant send and governance functions of the coin.
The big take away from all of this.
Dash is accepted in many places, it already deals with and overcomes many issues that currently pledge other crypto currencies and it has a marketing team and network behind it with a solid plan for it to go mainstreem. All of these things lead me to believe Dash is still highly under valued and is my pick for the next crypto to moon.
- Please remember these are my own personal opinions you can you should base your investing on them. It is up to you to be responsible with your money, please seek professional advice before investing.
Nice writeup on Dash.
Keep them coming.
Hi ,
Thanks for the great content
Glad you mention Dash as the next big thing cause of it features.
What do you think about PIVX ?
Keep on steemit!!
To new of a coin and I don't know much about it so can't comment on it sorry.
Actually not so new, just rebranded. PIVX used to be DARKNET (DNET) but last Jan they regrouped and reformed into PIVX but its been around for quite some time as Darknet well before this year but kind of under the radar. PIVX is well worth a look into, no instamine like Dash so I kind of always sided with them more due to that but definitely still an underdog but I suspect will be rising again soon. I might be biased though, I used to work for PIVX in their marketing myself lol. But even though I have since moved onto another working relationship in another coin I still back them like family due to being a solid honorable team.
Dash is good, don't get me wrong...the instamine controversy at this stage seems to have not taken the wind out of their sales (<---misspelled on purpose...lol) and a few of us old timers in crypto once thought they would drop the dime on users but since proven to be in it for the long haul thankfully. I am in Visio right now and running their marketing now, very young coin on that one but really building a huge decentralized content sharing platform I suspect will be something unique to crypto so dove in on them lately and a great team to work with.
Litecoin though, that has been my baby since the early days and its about time I see Charlie Lee get his due justice for the integrity shown. Not been easy to hold for almost a year off and on but I had a funny feeling they would have their day and I suspect we are just now slowly growing to its true value and place in crypto finally.
PIVX though, I would check into them....I done well with them when I worked for them and they seem to have risen nicely in an organic way since my parting a couple months back. Only left due to other opportunities out there but I must say a solid team bound to make waves as we all go forward with crypto.
Ah nice good to know Dash has changed names a few times itself from Darkcoin at one point. Always back stories to some of these that have been around for a while. Makes me wonder whats going to happen to bitcoin if they ever make adjustments or not or rename it(which would be horrible lol)
PIVX aka Darknet kind of popped up not long after Dash being that its a fork of Dash but in reality Dash and PIVX kind of been neck to neck together a long time. PIVX though kind of kept low to the system and was more or less this little mini community trying to change to a tech for themselves. Around January they finally felt ready to come at the markets stronger so it really came out of nowhere on everyone.
Bitcoin I pray never adjusts from its path but anything can happen as we seen with this Bitcoin Cash fiasco which I still can't seem to get into lol. Still a little Bitcoin purist I guess and any split forks I will probably avoid for my loyalty for the original chain and Satoshi. But this is how I lose money sometimes lol...I had similar convictions about Ethereum and yet to invest in them all this time but mainly because I sense some centralized systems using them a bit hard now a days so I try to avoid feeding that machine. Great investment but i guess you have to run with what you believe in sometimes.
Tell you though, PIVX is worth a look more into, even a little side hold because its fair priced still, charts seem to keep tight now a days minus some Bitcoin hiccups. Someone put me on VIsio and though they are pocket change I think with some effort and hard work on the dev team we can come up ourselves. Might now be in the top 50 anytime soon but definitely have hopes it will pay the bills for a lot of people.
Crypto is crazy, now a days its so on this launch pad to go anywhere at any given moment, makes all the dull days of barely anyone in here worth the wait. Dash though its a good one, and a good call by you, it tends to follow the trends and I suspect it will be rising with all this stuff going on around it.
So many coins, so little knowledge!
Congratulations for the quality of your post, it was chosen among the posts to be upvoted on Steemit Community Quality Support. Thanks for sharing!
I agree, I also think it has a great future!
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STOPI like Nav Coin. Hope it has staying power.
Woot Woot
I like Dash too!
upvoted! love crypto trading.
How about ethereum will it pump up more higher this year?
Yeah for sure once it goes POS and Metropolis releases. There are a bunch of programs, apps etc waiting for Metropolis to launch so they can launch which will help allow for faster transactions with lower fees is what many of these apps need.
Good to hear that. I might invest for ethereum instead.
Love these prices but I'm seeing a correction happening for all alt this month... 😳😂
Maybe we did have a rather high pump the last few days which means there will be some correction but they corrections are always so quick lol literally a few hours. Some big stuff happening this month though in terms of advancements on ethereum towards the end of the month if all goes to plan.
There are quite a few coins to look at and that could eventually explode. At the moment, OmiseGo is performing nicely and I expect IOTA will eventually become huge (depending if others jump onto what they are doing, making IOTA the patient zero of it). Thanks for this article!
Nice will have to check those out at well with nearly 900 coins on the coin market cap site its hard to keep track of them all :)
Haha this is true, it's a lot of homework to go through too many.
Dash is one of the most popular masternode coins as well as one of the first most popular coin with a governance team.
Yup its a unique system and one that should play out very well in terms of being able to scale and actually address issues quickly unlike some others.
I like the Instant Send feature, very convenient. What do you think separates it from the pack, other than their guarantee of security?
Big part of Dash I like is it hash already addressed issues other big coins are facing such as attacks, high fees, slow transactions. This makes Dash prime for transfers and as it becomes more known will increase in value
It's NEO and IOTA and possibly in future NIMIQ are my pick.
best return possibility atm : https://steemit.com/cryptocurrency/@rajankc/denarius-on-radar-going-up-now-arn-free-dnr-joining-slack
What reasons do you believe in those ? just curious thanks
TWO heavywights:
Neo is advanced Ethereum backed by chinese mass
IOTA the ultimate peer to peer transaction technology (TANGLE) regardless the price.
nimiq is like a tiny, swift, promosing technology for p2p transaction, mining can be done on browser by anyone as mentioned, come this december, they are lunching the mainnet that will tell where they fall, very very interesting.
the underdog, after buying, watching, using , is DNR ( miracle happens in cryptos, this will go 1000)
IOTA that you mentioned drop to 0.69-0.70. what happen? it seems cannot grow anymore
Totally new to cryptocurrency - intrigued by this well written info. Thanks. Any advice for newbies?
Don't get sucked into day trading or over reacting to drips. Buy and hold should be your best bet for the next year or two for investment.
i have always liked dash and felt like i missed out when it crossed $100 - now i see it as over valued , but i have to admit , it could double again in the next month or two.
Big reason I see it undervalued is it does everything bitcoin does but better. Also 19 million coins instead of 21 million also creates a lower supply of them which should help the $ value of each be a bit higher.
fair call
I also like Populous and Pay. TenX is more of a long hold but I truly do believe in the coin.
Dash is the "Queen" on my crypto chessboard. I've looked into it, and am a firm believer it will rise and shine above expectations.
Tons of great things with Dash and it already overcomes many issues many top cryptos have. It just is not well known as of yet but I believe that is about to change. When that happens Dash is going to be worth a ton!
Dash, maybe its good to.consider. I need some.research.om that.
Id make it a weekend project for sure :D
this will be great for investment.
good post thx for sharing your thoughts on this
Been telling people not to miss the boat on LTC @bitcoinflood
Just so you know, Dash -Digital Cash, and Dashcoin, are two different projects.
Thanks for sharing.
I think Omisego will gain a lot.
Nice post. However, I don't think it's going to blow market up. Let's hope for it anyway.
@bitcoinflood
You did great updating me and us on dash...will look into it...thanks for sharing