Wait, what? So you pasting the coinmarketcap rankings showing DASH at the bottom of about 7 or 8 other POW coins to demonstrate that DASH was not as competitive is now not a measure of competitiveness? I was trying to use your criteria...
I don't think that's very fair. You're taking a snapshot of growth over an arbitrary (and I stress
arbitrary) 6 month period which is meaningless.
The more appropriate comparison is taking the relative marketcaps. Those represents the relative values of the entire coin supply since birth, which for most of those coins is 4-5 years. The theory behind the split reward is that it should make Dash more valuable in relative terms (ie. have a larger marketcap than those competitors).
Instead it has made Dash LESS valuable.
We have to ask why the split reward has not worked in our favour and come up with some reasonable answer. My answer is not that it isn't effective, but that it's been pushed way beyond the point of diminishing returns. i.e. masternodes are receiving more of the mining reward than investors, but the adverse impact on capital growth offsets this so the net effect is a "negative" reward long term since we have to pay for the reward with a capital loss.
Doesn't mean there won't be periods when, due to the pumping of the entire crypto market, that doesn't hold true, but I'm talking:
A: long term effect
B: store of value performance relative to 100% mined coins
B is clearly not working. The way to fix it is to restore the mining reward by a massive margin. It isn't as if we have much to lose. We're not even in the top 20 anymore and are struggling to even attain $100 per coin valuation. The ratio against bitcoin has collapsed completely. It's not even a half of the ATH from 2014 - Dash's year of birth. So maybe people should stop resting on their laurels, believing in "pumps will save us" economic theory and start putting 2+2 together.