Excellent article. I hope you caught Dash when it went up. It reduced the fees by 10 times while BTC average fee tripled. All the problems regarding Bitcoin can be attributed to 2 main roots. No governance; thus forking and no self funded treasury;thus outside meddling. Also you can't have AeroSports team like Dash(~~~ embed:903611424068562945) twitter metadata:VGhlRGFzaFJhY2VyKSBvciBTcG9ydHMgdGVhbXMgbGlrZSBQSVZYKGh0dHBzOi8vdHdpdHRlci5jb20vX3Bpdnh8fGh0dHBzOi8vdHdpdHRlci5jb20vVGhlRGFzaFJhY2VyKSBvciBTcG9ydHMgdGVhbXMgbGlrZSBQSVZYKGh0dHBzOi8vdHdpdHRlci5jb20vX3Bpdngvc3RhdHVzLzkwMzYxMTQyNDA2ODU2Mjk0NSl8 ~~~
The Bitcoin community has also become very hostile and toxic. I've seen Dash being very friendly with Bitcoin Cash and I've even written about it. But Bitcoin community acts high and mighty while being technologically inferior. A brand name can only get you so far. Not many bother to think about Yahoo! these days. But it used to be the one who looked down on Google. What we saw with BTC and BCH is something that has been growing under the surface for a while. People are not complete morons. They are more like spineless cowards. When few cracks appear, they panic and go nuts.
Dash has finally woken up with its marketing too. They very accurately call Bitcoin: The Store of Drama. I think the main reason for current BTC price hikes is hype and bankers.
In the long run the coins with governance will do really well. Mainly I'm talking about Dash, PIVX and DPoS like steemit and the to be $100 coin EOS.
These 2 links may provide further insights to the matter:
https://blockchain.info/unconfirmed-transactions
https://fork.lol/pow/hashrate
Another bull run for BCH is definitely coming and you may notice some patterns since Aug 1st.
Disclaimer: I am just a bot trying to be helpful.
Wow, I 100% agree with my friend and on all points. Yes I have been a long term holder of DASH and believed in the project early one, although if I am honest I am becoming rather favourable to PIVX these days. I like their staking system. I made s lot of money out of the madness as I just kept calm and made rational decisions but it became too hot even for me in the end as it was difficult to keep up with the fluctuations. In the end the rational decision was to put all my liquid onto DASH. I wonder if many others came to the same decision and that is why the price rose.
Honestly I have no animosity towards Bitcoin Cash, if it fills a need then so bit it and if Asia love it then why not. Keep politics out of crypto is what I say,
BWT I also love EOS and have invested in it.
Great feedback and info my good fellow, appreciated : )
I'm pretty cool with BCH too: https://steemit.com/bitcoincash/@vimukthi/a-love-letter-from-dash-to-bitcoin-cash-and-roger-ver-my-venture-into-the-crypto-sphere
And I agree that PIVX is getting my attention at some aspects. I don't know how refined their see-saw algorithm for staking and masternode reward split is. But it lacks simplicity of Dash. On the other hand Unlimited Treasury and burning the fees is just pure gold. So the treasury never runs out of money and even get more worth when network is burning enough fees to cause deflation.
From what I see here:https://fork.lol/reward/feepct I see lots of incentive for miners to allow the unconfirmed Tx to skyrocket as they would gain high fees from it. But PIVX method is fair, rational and superior.
Do some digging on NEM. It'll impress you too.
https://forum.nem.io/t/nem-will-surpass-bitcoin-eventually-and-heres-why-and-when/7447
https://nem.io/enterprise/use-cases/
https://nem.io/enterprise/partner-companies/
https://comsa.io/en/
Yes, indeed it was the "simplicity" of DASH that attracted it to me in the beginning. I was actually rather skeptical of PIVX when they split from DASH but gradually began to what they were about - and it was this "fairness" that I liked a lot. For me personally I place high value on "fairness".
Regarding NEM
I have held NeM for a long time just waiting for it to "awaken" - I admit I have not done diligent research on NEM but I did do a quick study of which was obviously enough to impress me enough to buy it.
It is perhaps on time to look into it further - thanks for the link - I will dive straight into it- Cheers much appreciate your valuable input
Glad to help. Happy investing!
"But Bitcoin community acts high and mighty while being technologically inferior. A brand name can only get you so far."
Apple has gotten pretty far with this approach ;)
Joking aside I agree BTC needs to make some changes in it's tech or they will be a footnote in the story of Crypto.
Apple actually had other stuff to sell. Mainly the User Experience was unparalleled.Even when they had lower specs and higher prices, everything went smooth and they had new innovations like siri and a laptop you can carry in an envelop. They had a USP. Apple is becoming stagnant in their innovation and it will hurt them.
Still BTC will be more than a footnote as it began a full blown currency revolution. But it'll be like the Boston tea party. An event that kicked off other events. BTC is already too late to change. For the purpose of Digital-Cash I'm sticking with Dash, NEM, PIVX. I haven't looked too deep but Verge seems like a good pick too.
Any suggestions from you?