Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
How happy are DASH holders with the current price fluctuations?
The current Dash price fluctuations are still very strongly tied to Bitcoin price fluctuations and looking at
a longterm chart of Dash, i suspect that Dash is still in accumulation phase (which is a lenghty process, which
could take a few more months). Just keep an eye on longterm MACD and RSI coming months as these are indicators
that could possibly hint on a new longterm price trend forming.
I think once we get past this accumulation phase and start a new uptrend, the Dash price fluctuations will get much
stronger as Dash will start moving directly against Bitcoin.
This is also interesting to read : https://www.newsbtc.com/2019/08/19/bitcoin-dominance-alt-season-crypto/
And from above mentioned newsbtc.com article, this is interesting to view and be aware of :
Source : newsbtc.com article above
Recently I read about the lighting network, and its centralization.
https://medium.com/hackernoon/them-lightning-network-nodes-sure-do-look-centralized-to-me-what-gives-ee39c9b12ac0
And it seems that the opinion they sell us of being a centralized network is far from reality. If it is finally proven that it is a decentralized, fast and cheap option, could this very negatively affect parts of the advantages that Dash offers?
I hope that the theory of accumulation is correct, the number of wallets with coins has been stagnant for 1,095,000 weeks, and the masternodos seem to confirm that they maintain their positions regardless of price, but without increasing despite cheap prices.
Greetings and thank you