Post
Topic
Board Altcoin Discussion
Re: Why Bitcoin maxmilist need to be worried about DASH!
by
Arvydas77
on 13/03/2017, 10:09:35 UTC
DASH is going release evolution which will be like Amazon/eBay and PayPal put together.

PayPal 51.9 Billion market cap
eBay 36 Billion market cap
Amazon 406 Billion market cap

DASH will be most likely be way cheaper than all of the above services. Imagine a decentralized hub of services and products run on the block chain it's called evolution.

To think that Bitcoin the longest chain would be the only chain that would be used everywhere. Problem is the fees are high and only gonna get higher. Bitcoin unconfirmed transaction are growing. Smart money is pouring into DASH. So DASH is gonna be 1 Billion market soon and will be taking most of PayPal, Amazon and eBay market.




I was thinking a lot about Dash future but I can't say that it will succeed. Amazon, PayPal, ebay, Alibaba etc have their own user base and they can issue their own digital currencies/assets. I think that the sharp rise in Dash price is influenced by Bitcoin scalability problems. Dash goes into a bubble with a lot of FUD and hype around.
Regarding Bitcoin the main problem in the future is not a confirmation times and price per payment. The main problem is BTC network itself. We can agree that it is the safest blockchain because a lot of miners are involved. But miners are not for safety of network they are for profits. This scheme works only way - miners are interested to mine and only will do that if reward is bigger than expanditures. Mining costs a lot today and will cost much more in the future. It means that to run Bitcoin network is very expansive and it is a question how profitable it will remain. Customers and companies are unsatisfied with costs of TX's. BTC doesn't reflect the needs of business and customers. It only reflects the needs of speculators. Because of that, if anything changes aren't introduced in the future, it will fail and people will choose other options. But I don't think that Dash will change BTC. I have another favourite.