Post
Topic
Board Altcoin Discussion
Re: Why I invest in Dash?
by
ddosamerica7
on 12/04/2017, 01:29:21 UTC

Why I invest in Dash?

Ethereum is great. It's a programmable block chain with lots of level 2 projects, Raiden, Augur, StorJ, etc... I hold some Ethereum, but Dash is my biggest position nowadays.

I feel that Dash is much simpler to use and more focused to be Money.

1. Instant transactions (InstantSend). About 2 seconds in Dash vs 17 sec in Ethereum is very important for retail brick-n-mortar shops. Compared to 10 min in Bitcoin on it's best-day.
2. Dash Masternode Voting - governance mechanism, similar to shareholder voting in traditional corporations.
3. Incentivized Masternodes. - even if our block chain will grow huge, it's incentivized to buy new hardware to keep up with demand.
4. Dash network can pay it's own expenses. Dash developers are getting paid in Dash right out of the block chain, and even sponsor an advertisement campaign from it's block chain rewards. Bitcoin and Ethereum never had anything like it. Put it simply, the economic model of Dash is superior. For example we will vote with our Masternodes for Charlie Shrem's Dash Mastercard, and he will get paid by the Dash network for his start-up business. https://www.dashcentral.org/p/DASHPAYCARD-DEBIT-CARD
5. Dash is a drop-in replacement for Bitcoin, while Ethereum has a learning curve. It means that it's easier to adopt for merchants, that already accepts Bitcoin. Dash wallets are simpler to use.
6. I think Ethereum could become the Linux of crypto-currencies. Scalable, programmable, powerful and open, but hard to use. Especially if you want some advanced features. Very few people can take advantage of the Linux system, as compared to Windows. Same here: very few people will have the technical skills to take advantage of Ethereum's programmability, while Dash stays much simpler for day-to-day use.
7. Monero transactions are huge, about 40x bigger than Dash or Bitcoin. It will not scale in my opinion.
8. Biggest reason by far: Bitcoin is dysfunctional. My transactions take between 3 hours up to 26 hours to confirm, when a year ago I used to confirm in 10 minutes . Bitcoin used to provide me a service, but now it provides me a dis-service. I have sold most of my Bitcoins for Dash.

-"Technologov"


Dash is an instamined scam, well marketed by car saleman types, who's main goal is to sell fairy dust to greater fools.  I would not touch it.

How is Dash a scam? It is a working model of a better implementation of Bitcoin. The value it has was established by people who saw the revolutionary potential of the new model. The ONLY issue I see with Dash is the high possibility of a fork due to block time.