I actually think Dash is dodging a bullet not being controlled by altcoin Chinese exchanges. How reliable are those numbers coming in from China and how many western investors are actually depositing money into Chinese altcoin exchanges to try to participate in these pumps?
And we are not talking BTCC, OKCoin or Huobi, we are talking the smaller type Chinese exchanges. So I think if you see projects like Monero or Dash it clearly shows for whatever reason that the chinese speculators are not in control of those projects. Which I think makes them healthier to hold, who would want to be buying into the chinese pumps at this stage? It just makes me really uneasy.
Just my personal opinion. Dash is doing great this year, the fact that it is harder to manipulate is a good sign.
Truth been told..
As a Chinese Cryptocurreny investor, Dash only investor more accurately at the present, I feel and see much more " altcoin manipulation " in Chinese small exchanges. Such as Jubi(聚币) and Yuanbao(元宝网). In fact, most of the "altcoin" there is not Cryptocurrency like
BTC (you may know the reason why i do this.. Because from my point of view, BTC has a trend towards this situation, Not only Chinese Miner but also other part of the whole industry chain of BTC. Like (Chinese) Exchange, Mining machine manufacturer, and the most important: the (Chinese) Crypto Media which bring much more "fresh meat" to the trap. )\Dash. Nearly all of these "altcoin" there are just in the name of the virtual currency, but a real Tool/Scam for profite by pump & dump manipulate by someone and
/or the exchange. These altcoin just some Copy/Paste from the Github and change a name/parameters, add a Logo, talk about good interests with these Exchange. And finally, BOOM~~ one altcoin/Scam is ready for action.....
Oh, I Do have invested BTC
and LTC, all my BTC have or are transferring to the Dash. The only purpose of my BTC farm is Dash now....
The Dash project is the only worth of investment project in the Cryptoworld at the present and has huge potential in the futhure. I don't even bother about the ETH. The ETH's closed ecosystem will limit its development. if people want to use the ETH resource they have to get themself blend in the ETH closed ecosystem completely... The Internet has developed for decades, ETH want to reinvent the wheel? One of my friends(which another Dash investor) compared ETH to Apple. In some point, i agree with him. But How Apple become such scale and its closed ecosystem? Thanks for the special historic oppourtunity in 2007，2008... Does ETH have? I don't think so.
Dash is doing THE Great Evolution: the Final step of Massive adoption, IMHO. From the BI (source:
https://news.bitcoin.com/paypals-venmo-beating-bitcoin-p2p-payments/ ), Just the Mobile P2P Payment market will reach estimate about 86 Billions of U.S Dollars.
There are some questions:
- Do we have a better Network/Service in the Crypto than Dash?
- If Dash would get the 1% of that Market cap in 2018 or later.. Then how much is the market capitalisation of the Dash?
- Let's say we draftly have about 8 million supply...
- Now you get my point?
And the most important thing is: Dash have a robust mechanism (Masternode system/DGbB/Voting System) which ensure a healthy development of the future for Dash. If any other competitors do not have such foundation. Even if they grow up, How do you ensure that they are not another BTC?
IMHO: here is a Dash Road Map: Dash Evolution --> More and more Merchant/User adoption --> Banks and financial capital on board( i do really think Bank should pay more attention to Dash, There are so many field in the Dash ecosystem that the Banks would get a huge market profits).
Dash Evolution (not the Dev team and the whole community are doing right now.) would be an Evolution that occured step by step and from bottom(more and more ordinary people adoption) to the upper level (Banks and financial capital).
B.T.W: The Dash Chinese Team is also "Open fire" for the Dash Evolution.. (Tungfa, Fernando, Daniel, Alexy,落叶,Heisenberg,Kalfka,青帮,Dasher(not one in here).....and Naruto (a little bit shy but also very talent))
Sorry about my English...
Raico