DASH big winner / Bitcoin loser of hardfork Ethereum
The consequence of the disastrous hardfork of Ether was that there are now 2 Ether coins; Ether Classic (ETC) and Ether (The forked ETC).
One of the scenarios is now that the whole hardfork Bitcoin discussion (BTC) will end; it is simply too risky. BTC won't be forked and we will live with the consequences of that. The most disadvantages of Bitcoin are here to stay.
So, that makes sense for the developpers that left 3 years ago Bitcoin and created the alternative Bitcoin, Darkcoin now rebranded as DASH. Since a few weeks, the well known Amanda B Johnson from The Daily Decrypt( YouTube) was hired by DASH. In several of her earlier video's of The Daily Decrypt; one of her personal final conclusion was that BitShares and DASH are the best structured Blockchains and less vulnerable for Hardforks. She favours DASH above BitShares because the Blockrewards of DASH are also spend for 10% on marketing and 45% on development. And like BitShares there is a "Decision Making Engine".
So Amanda quit her successful Daily Decrypt project and was hired by DASH for the marketing and paid from the 10% budget of the blocks. In my opinion very very smart. At that time DASH was quoted approx 0,0100 BTC. Now DASH is quoting approx 0,0200 BTC (100% up in a few weeks!).
The new facts are:
- Consequences hardfork ETH/ETC (for Bitcoin)
- Hiring of Amanda B Johnson and start marketing Campain DASH (in favour of Bitcoin)
Keep in mind that there are less DASHcoins dan Bitcoins (ratio: 1 on 2).
SO, my personal view is that DASH will be one of the big winners in Q3 2016. We'll see.
This is not an investment advice, Due your own Due Dillegence. Just sharing my thoughts.
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Don't forget JAXX now supports DASH
Yes, another good argument. 45% of the budget is for development so these kinds of initiatives get serious response/follow up.
I support you completely thanks for information
New fact: Bitcoin is too traceable on the Dark web. Folk are sick of getting busted! DASH (or Darkcoin) is a perfect fit to replace it with its PrivateSend. Sometimes prices move on things you don't see ;-)
Yes Indeed; very good point
@pierce-the-veil: I have looked into dash recently. Thanks for the post. Upvoted.
So a person which was hired to do marketing for DASH says that DASH is good?
Wow, totally unexpected!
Sorry for the misunderstanding. "Amanda puts her money(time/effort) where here mouth is". Before she was hired by Dash she concluded in several Delay Decripts that Dash and BitShares had the best Governance/Decision making tools. So, the facts that she makes a choice is in my opinion brave.
There should be a bitAsset for DASH in Bitshares. The more I read about Bitshares the more it seems like an amazing system. The problem with speculating on these cryptos or any investments for that matter is that you're betting on other people's perception. But you have to put your money somewhere and fiat seems like the least best option.