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Dash growing strong past 100$ mark

Discussion in 'Economy' started by lordquanta, Mar 20, 2017.

  1. lordquanta

    lordquanta New Member

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    Dash price has surpassed 100$ mark and since last week it is in +- 100$ zone. Current price 108$ seems good. Is this price rise due to bitcoin price plunge?
     
  2. daf

    daf Active Member

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    Yes, partly. The other part is that Dash is just a better Bitcoin. In its current state, Bitcoin has no technical advantage over Dash, not a single one. The only thing Bitcoin has (and it's not to be underestimated) is it's been around for a much longer time.
     
  3. Acedian

    Acedian Member
    Masternode Owner/Operator

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    There has been a large increase in fiat straight to Dash exchanges, not just old money moving around.
     
  4. kamikaza

    kamikaza New Member

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    I really want to invest more in Dash but i am afraid that what we are seeing right now is just a pump dump...
     
  5. solo7861

    solo7861 New Member

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    A pump and dump? Not really the price has stayed within the $100 range +/- 10 for nearly a week now, that's not a pump and dump I've ever heard of before..
     
  6. papajamba

    papajamba New Member

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    Hmmmm... very difficult to assess if Dash's value is at $100. But fundamentally, I think it should grow more with new projects coming in and especially the upcoming BTC fork
     
  7. Ch0nG

    Ch0nG Member

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    Pump-and-dump schemes usually last a few days, at most. After the surge the price dropped relatively quickly to $85 but has since recovered. While anything can happen, the price will probably remain in the $90 - $100 range barring something catastrophic.

    Other catalysts for a price increase could be:
    - Forking of Bitcoin Core / Bitcoin Unlimited (Multiple "types" of Bitcoin would confuse the average consumer and drive them to alternatives.)
    - Release of Evolution White Paper
    - Evolution Release Candidate
    - Another major Bitcoin player advocating Dash.
     
  8. papajamba

    papajamba New Member

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    ABJ just said that it seems a lot of Chinese are buying into dash
     

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