Dash: A Viable Bitcoin Alternative?
https://easterndaily.com/dash-viable-bitcoin-alternative/
The Cryptocurrency world is growing and the number of Cryptocurrency users is increasing as each day passes. Most of the digital currencies users seem to be on a spending spree, with coins such as Bitcoin and Ethereum increasing in value since the beginning of the year. Not only Bitcoin and Ethereum have been growing this year, Dash is another altcoin that has grown tremendously over the past few months. Looking at the numbers, which we will see later, Dash is arguably the biggest beneficiary of this spending spree by Cryptocurrency users. Dash is currently enjoying a very good run, which might not be over anytime soon. This is because according to CoinMarketCap, yesterday (Mar. 1) its price reached an all time high of about $46.75. Just seven days ago, Dash was trading at $22, this represents a gain of more than 40 percent in its value. The reason why I said it’s arguably the biggest beneficiary of this spending spree by Cryptocurrency users is because Dash started the year trading at around $11. Looking at these numbers, it has gone up by over 300 percent so far in 2017. With this growth, Dash has set a new market Capitalization high of over $300 million. It gained over $70 million yesterday alone, which is quite impressive. This was a day after Amanda B. Johnson, through YouTube, characterized Tuesday as Dash’s biggest day ever due to factors such as Dash passing Litecoin and Ripple to become the industry’s number three in market cap. One question that must be in almost everyone’s mind is what’s the reason for yesterday’s huge increase. Yesterday’s boost is attributed mainly to news that Dash had entered into an agreement with Walls of Coins. Walls of Coins is an online platform that is expected to allow Dash users to buy or sell Dash for cash in a peer-to-peer manner. This agreement is expected to make buying and selling of Dash more convenient than it was before. It’s quite easy because Dash users are only required to deposit cash at a local financial institution and to have a software wallet of their own choice. Within minutes users then receive Dash directly to their software wallets. Users can also sell their Dash to Walls of Coins and collect them later at the nearest financial institution. Ryan Taylor, Dash’s director of finance, is quoted by The Dash Times as saying that with Walls of Coins users can purchase DashCoin at tens of thousands of physical locations in twelve different countries. He proceeds to say that Walls of Coins supports their InstantSend feature making transactions to be amazingly fast. This provides the Dash community with another way to sell Dash at a premium to the rates charged on traditional exchanges. From this new development it’s fair to say that Dash is determined to give their users what they truly want that is privacy, ability to fix problems quickly and of course instantly settled payments. Bitcoin has for a long time been serviced by Walls of Coin and it’s nice to see another Cryptocurrency using his platform. DashCoin is definitely on the right path to being Bitcoin’s viable alternative. Share 9 Tweet Reddit Pin 1 Share Flip Email SHARES 10 by Taboola Sponsored Links You May Like If You Have an iPhone, This War Game Is a Must-Have Download from the App Store - Throne 5 ways you can learn any language with an app Babbel There's Something Disturbing Going On With This Photo Of The Royal Family. Do You See It? LockerRoomVIP 8 Ways To Avoid A Long Recruitment And Selection Process Hurting You Robert Half A new way to get rid of overweight without doctors and surgery! Trends-health 15 Reasons The Netherlands Is The WORST Place In The World TravelTips4Life Cancer:Stop Eating These Foods HealthyLivingMagazin.com Tiny Device Allows You To Track Anything (it's Genius!) TrackR Bravo TAGSbitcoincryptocurrencydashcoin Previous article Lexus: Rumored Release of F-Sport LC Coupe Untrue Next article The Big Bang Theory Stars Take Pay Cuts For Costars Peter Ngigi Am a Kenyan born on 24th March 1993 in Nairobi, Kenya. Am currently a student at JKUAT in Kenya pursuing a bachelors degree in business and information technology. Am a freelance writer and I specialize in writing about Cryptocurrency. I enjoy writing and researching. 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Read more at: https://easterndaily.com/dash-viable-bitcoin-alternative/
https://easterndaily.com/dash-viable-bitcoin-alternative/
The Cryptocurrency world is growing and the number of Cryptocurrency users is increasing as each day passes. Most of the digital currencies users seem to be on a spending spree, with coins such as Bitcoin and Ethereum increasing in value since the beginning of the year. Not only Bitcoin and Ethereum have been growing this year, Dash is another altcoin that has grown tremendously over the past few months. Looking at the numbers, which we will see later, Dash is arguably the biggest beneficiary of this spending spree by Cryptocurrency users. Dash is currently enjoying a very good run, which might not be over anytime soon. This is because according to CoinMarketCap, yesterday (Mar. 1) its price reached an all time high of about $46.75. Just seven days ago, Dash was trading at $22, this represents a gain of more than 40 percent in its value. The reason why I said it’s arguably the biggest beneficiary of this spending spree by Cryptocurrency users is because Dash started the year trading at around $11. Looking at these numbers, it has gone up by over 300 percent so far in 2017. With this growth, Dash has set a new market Capitalization high of over $300 million. It gained over $70 million yesterday alone, which is quite impressive. This was a day after Amanda B. Johnson, through YouTube, characterized Tuesday as Dash’s biggest day ever due to factors such as Dash passing Litecoin and Ripple to become the industry’s number three in market cap. One question that must be in almost everyone’s mind is what’s the reason for yesterday’s huge increase. Yesterday’s boost is attributed mainly to news that Dash had entered into an agreement with Walls of Coins. Walls of Coins is an online platform that is expected to allow Dash users to buy or sell Dash for cash in a peer-to-peer manner. This agreement is expected to make buying and selling of Dash more convenient than it was before. It’s quite easy because Dash users are only required to deposit cash at a local financial institution and to have a software wallet of their own choice. Within minutes users then receive Dash directly to their software wallets. Users can also sell their Dash to Walls of Coins and collect them later at the nearest financial institution. Ryan Taylor, Dash’s director of finance, is quoted by The Dash Times as saying that with Walls of Coins users can purchase DashCoin at tens of thousands of physical locations in twelve different countries. He proceeds to say that Walls of Coins supports their InstantSend feature making transactions to be amazingly fast. This provides the Dash community with another way to sell Dash at a premium to the rates charged on traditional exchanges. From this new development it’s fair to say that Dash is determined to give their users what they truly want that is privacy, ability to fix problems quickly and of course instantly settled payments. Bitcoin has for a long time been serviced by Walls of Coin and it’s nice to see another Cryptocurrency using his platform. DashCoin is definitely on the right path to being Bitcoin’s viable alternative. Share 9 Tweet Reddit Pin 1 Share Flip Email SHARES 10 by Taboola Sponsored Links You May Like If You Have an iPhone, This War Game Is a Must-Have Download from the App Store - Throne 5 ways you can learn any language with an app Babbel There's Something Disturbing Going On With This Photo Of The Royal Family. Do You See It? LockerRoomVIP 8 Ways To Avoid A Long Recruitment And Selection Process Hurting You Robert Half A new way to get rid of overweight without doctors and surgery! Trends-health 15 Reasons The Netherlands Is The WORST Place In The World TravelTips4Life Cancer:Stop Eating These Foods HealthyLivingMagazin.com Tiny Device Allows You To Track Anything (it's Genius!) TrackR Bravo TAGSbitcoincryptocurrencydashcoin Previous article Lexus: Rumored Release of F-Sport LC Coupe Untrue Next article The Big Bang Theory Stars Take Pay Cuts For Costars Peter Ngigi Am a Kenyan born on 24th March 1993 in Nairobi, Kenya. Am currently a student at JKUAT in Kenya pursuing a bachelors degree in business and information technology. Am a freelance writer and I specialize in writing about Cryptocurrency. I enjoy writing and researching. RELATED ARTICLESMORE FROM AUTHOR Lifestyle & Leisure Top 14 Fascinating Facts About India Education This Day in History for March 5, 2007 Business Uber London Drivers Must Take English Test Internet Cryptocurrency: Major Coins Are Booming Internet Ethereum: Test Network Under Attack Lifestyle & Leisure Top 6 Exercise Myths LEAVE A REPLY WEATHER NEW YORK, NEW YORK Few Clouds 36.2 ° F 39.2 ° 33.8 ° 11% 3.9mph 20% MON 37 ° TUE 51 ° WED 52 ° THU 43 ° FRI 41 ° POPULAR POSTS Larry Bird Celebrates his 60th Birthday 3K Total Shares Fort Lauderdale-Hollywood Airport Shooting UPDATES 2K Total Shares Bob Marley: A Visionary Who Left Us Too Soon 2K Total Shares Shop Related Products Information Technology for Management: Digital Stra… $179.99 (19) A Dummies Guide to Cryptocurrencies $18.90$19.97 (5) The Essential Guide to Computing: The Story of In… $33.96$44.99 (15) IT's hidden face: Everything you always wanted to… $11.11 (49) Dash (Dogs of World War II) $7.19$7.99 (32) Investing in Ethereum: The Ultimate Guide to Learning--and Profiting from--Cryptocurrencies $19.38 (22) The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order $7.46$18.00 (86) Using Information Technology $191.84 (12) The Architecture of Computer Hardware, Systems Software, and Networking: An Information Technology Approach $74.45 (17) Blockchain: Blueprint for a New Economy $17.46$24.99 (36) Mastering Bitcoin: Unlocking Digital Cryptocurrencies $32.90$34.99 (97) Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction $28.99 (11) .999 Fine Gold Bitcoin Commemorative Round Collectors Coin - Bit Coin is Gold Plated Copper Physical Coin $9.87 (130) Bitcoin: Beginner's Guide to Mastering Bitcoin and Digital Cryptocurrency - How to Make Money With Bitcoins (Bitcoin, blockchain, hacking, python programming, tor Book 1) $2.99 (29) Blockchain: The Comprehensive Guide to Mastering the Hidden Economy: (Blockchain Technology, Fintech, Financial Technology, Smart Contracts, Internet Technology) $12.36 (52) Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations $22.43$25.00 (5) Ethereum: A look into the world of Ethereum and how to trade and invest this cryptocurrency! $9.99 (17) The Internet of Money $12.00 (58) On This Day in Poetry History: Poems $9.08$15.95 (3) Ads by Amazon News680 Celebrity251 Sports186 Business179 Entertainment168 Gaming168 Crime159 Politics136 Technology100 Music99 Fashion76 Internet64 Movies61 ABOUT US Eastern Daily News provides trending news coverage across a wide variety of topics. U.S.-based and regularly updated. FOLLOW US
Read more at: https://easterndaily.com/dash-viable-bitcoin-alternative/
