Quote from: jdmcg on Today at 10:09:39 PM

Quote from: toknormal on Today at 10:25:37 AM

Quote from: jdmcg on Today at 03:40:10 AM

As illustrated conditions leading up to the 2017 bull run seem to be in place for the 2021 bull run.

I think you maybe just trying to convince yourself that something that isn't viable somehow is.

The costs you cite are not even scaled with price. At $500 Dash, weekly margin over cost for a node is about 99% given a hosting cost of 30$ per month (which is already about 2 times what I pay).

That isn't sustainable. The conditions now are nothing like the conditions in 2017. We received a massive pump from hedging the impending bitcoin fork at that time. Bitcoin had never been forked before - there was no BCash or BSV. There were almost no stablecoins which are now prolific and efficient to be used as payment mediums. There were far fewer competing investable assets.

Additionally, the 2017 pump (in Satoshis at least) preceded bitcoin's big rise by around 10 months. So if you're looking for an echo of that one then this was it - we already had it and profits are now being taken:

So I see you didn't really debate any of the facts and figures I did present and so completely missed the point. Dash isn't $500 at least not yet. I'm talking about where we're at now. I repeat, many of the conditions that were present for Dash and other alts late 2016 are now here today.

Yes, Roger Ver and the camp that eventually forked BTC to create BCH was a huge catalyst for the initial Dash pump in Feb 2017. Perhaps the situation is not so different now, as BCH looks to now have another fork very soon after already suffering from the 1st fork which created BSV. Confidence and hash rate in the BCH camp continues to diminish. Not saying they will come back to Dash but BCH is no longer the strong competitor to Dash it once was.

In other posts I pointed to LTC as being a good indicator as it has been thru a full bear market already. Dash has not so you like many are completely surprised by how low it's gone especially vs BTC. But you only needed to look at LTC as an example. The 2 things to look for are LTC at 300000 satoshis and BTC at its previous ATH of $20K. Last time LTC was at 300000 satoshis and BTC was around $1K, the ATH before the last bull run, LTC went on a 7x run (around March 2017). Will it happen again so perfectly? Not likely but history does tend to repeat.

Your prediction: Dash goes to $6 (do you wish to take that back yet?) because you believe the masternode rewards are too high vs the costs of running a masternode... the same incentives which led Dash to a high above $1500 the last time.

My prediction: Dash's market cap will at some point double XMR's again and the individual coin price of Dash will be at least 5x of LTC again. Conservatively, BTC at $100K will put Dash around $3500 but likely higher before the bubble pops.

Markets move in cycles, from oversold to overbought. Oversold conditions lead to unbelievable deals and overbought conditions lead to the opportunity to realize unbelievable gains.

You're trying to convince everyone over and over again that for a coin, specifically Dash, where nothing has changed in its allocation schedule, that it will somehow be treated completely different than it was during the last bull run. Dollar-wise Dash is maintaining a much higher price than it ever was before the last bull run. That should tell you something.

I'm not really trying to convince anybody of anything except that the doom and gloom you predict is not demonstrated by Dash's price now or in the past. The rest of my posts are just fun speculation and predictions I like to make and are not meant as fact or financial advice

In December 2017, as we all know, BTC touched $ 20,000 and Dash $ 1,600.

You argue that if BTC goes to $ 100,000 it would put Dash at $ 3,500, and that is not logical based on what we are seeing now.

BTC at 20,000 equals Dash at $ 1600, now we have BTC at $ 15,500 and they are equivalent to Dash at $ 70.

Being generous and imagining that Dash will see what BTC rises in the future ... something that it has not done for a long time, since it behaves much worse than BTC, if BTC makes 6.5X it is placed at $ 100,000 and that would give it to Dash if it follows the trail of BTC a price of $ 455.

But seeing the behavior of Dash against BTC, it would most likely be that with BTC at $ 100,000 we will have a Dash over $ 180 or $ 200 hopefully.

Forget about the past, this will not happen again.

In 2017 a lot of money came into crypto, and there were far fewer cryptos than now. Later, a lot of money was transferred to USDT and others to fiat, not to return to the crypto world.

Now no new capital is coming into these markets, and the little that comes in goes to new projects or directly to BTC and ETH.

We will never see Dash above $ 1000 again. For this to happen Dash should be made an essential and different currency, and today it is a clone currency of BTC or LTC with some improvements, but it does not make it different.

For example, ETH is different or IOTA is different and some others that exist in this universe.

I wish you are right, but all the indicators tell me that this will not happen.

I hope I am very wrong and that you are right, I tell you from my heart.