Dash, Lisk and Syscoin ALL up. Here's Why You Shouldn't Care.

• It’s a green day in today’s market. Some coins such as Dash have done very well, Zcash, Lisk, and SysCoin. However, for a lot of the other coins in the list, they’d need to recover even more than they have in the last 24 hours to reach the levels they enjoyed before - before Bitcoin went wild up to $4k and beyond rapidly and everyone wanted to not miss out on that train. That train seems to have slowed down now, so it wouldn’t be surprising to see some of the lifeblood return to the altcoins now.

• The Bitcoin Cash train has also slowed down, reaching peaks of over $1100, falling to $700, and consolidating between 700-800 for now. The mining difficulty is currently much easier on BCH than it is on BTC, a lot of hash power has jumped behind BCH and blocks are getting formed in 1 to 2 minutes. In a couple of days, the difficulty will adjust harshly upwards, but still not as difficult as Bitcoins.

• Dash just had a huge spike, why? Primarily the Korean exchanges are again seeing the most volume here. Random tidbit of information:

South Korea one of the highest IQ averages for a country, take what you will from that!

• Now for a speculator Dash can look quite attractive. Especially when we see infighting of the best direction to scale Bitcoin. Now the first thing to keep in mind that the circulating of supply of Dash coins is really low. There are only 7.5 million current minted as vs Litecoins 52 million, with a large number of that Dash locked up in Masternodes, which help the network provide the InstantSend feature as well as other services to the users. A Dash iOS wallet was approved a few weeks ago which caused a previous price surge. Now for the big story, there is an upcoming international conference in London on September 24th, and speculators love big conferences. What news will come out of it? 2 Major conferences ago we saw a conference announced for NEO, then branded Antshares and the speculators were causing the price to rise for it. Apparently, the news wasn’t good enough and AntShares crashed after the event. The last conference we had was apparently good enough, and the price of NEO was rising before it, and rocketed afterwards. Full details of meeting are forthcoming, Dash are expected to unveil their version of the Dash Debit Card.

• I’m going to summarise a post on CoinDesk as to some reasons banks are going to miss out on the Crypto Currency renaissance. https://www.coindesk.com/10-reasons-why-central-banks-will-miss-the-next-currency-renaissance/

• 1, Who can they hire to help them? All the huge blockchain developers are working on massively lucrative projects themselves. There are too few.

• 2, If you’ve ever worked for a corporation you will notice how even the simplest and effective decisions can take months to years to be put into effect due to red tape.

• 3, There’s governmental regulation and international co-ordination which would be a logistical nightmare to solve.

• And lastly 4, Fear of experimentation. Banks run on reputation and should they make an error it could cost them dearly, a risk which looks none too attractive. Almost everyone involved in upper central bank positions have spent their entire lives around this stuff, and crypto is seen as a threat which threatens their profitability.