*Image pulled from http://bitcoinist.com/dash-cap-inflationary/
Dash has been on a recent skyrocketing surge and for good reason. What has been a crypto currency in the top 10 for some time now is getting its spot to shine. Here is what is driving Dash crypto currency and why it most likely will continue to grow by leaps over the coming weeks.
1 Solved bitcoin Scaling Issues
We all know bitcoin needs to get its but in gear and fix these scaling issues and well honestly Dash has already done this by providing a voting system where all investors can vote on changes and those changes take effect allowing the block chain to adapt over time to changes. This is critical for any business and being a business major you quickly understand that a company that can't adapt to changes will quickly die off.
2 Mass Adoption
Honestly most crypto right now relies on other crypto such as ethereum and bitcoin. However these two programs are a bit stuck in terms of growth and being accepted in more places. With Dash's 2.5 million monthly development budget and clear road map it is clear to see they are working towards the every day user. This means the masses can soon use dash for things they do every day allowing for truly massive adoption.
3 Security
While we hear almost daily now of hacks and attacks on other crypt currencies it is important to note the Dash seems air tight. They also offer a bug bounty of up to $15,000 for anyone able to reveal vulnerabilities in the Dash blockchain of which zero have been found and reported to date.
I really liked the arguments in you post and agree with all of them.
Bitcoin was intended to be an easy to use, unregulated and cheap payment system, but it really sucks as such. There are many cryptocurrencies that work way better for payments.
But the variety is also the biggest downside, because it is hard to put trust and money in one coin when there could be a new, better one coming up every day.
Bitcoin is different. It is really bad for paying, but because it is so widely known, it works great as a store of value. When there is true mainstream adoption of blockchain systems (several million daily users) this might change, but this is how it is right now.
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Yup they really need to correct those issues if they want to stay ahead of these other crypto currencies
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Hi @bitcoinflood, at this time i really like the cryptocurrency name. but I do not know how and where to start this problem. Does it require special techniques or science so I can start using and trading in cryptocurrency? Or can I get a special tuturial from successful master-natives to cryptocurrency this?
Thank you for all information..
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Im not really understanding what you are asking here?
But there are plenty of markets out there to trade cryptocurrency Poloiex, yobit, Bitfinex and many more.
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Maybe steem has more good features than dash but its potentials are yet to be widely notice by crypto speculators.
If that happens steem price might take same uptrend route as dash
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Yeah Steem honestly needs some other avenues of use. Things like Dtube though are sure to help the currency
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Dash is promising but until it gets accepted by many merchants like bitcoin I can't say its better. Im waiting for that real world adoption before I make my move.
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Good article @bitcoinflood I wish I bought more Dash now
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we always wish for that after lol but don't make that mistake again 2-3 years from now! Take action is what I always say
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Interesting Post. Thanks for sharing. I believe, the security is added benefit for Dash.
Also check out my blog post here: https://steemit.com/crypto-news/@hramkumar/crypto-news-monero-price-cuts-usd150-after-bithumb-opens-xmr-krw-trading
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WE JUST love DASH!
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all about dash :)
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Nice post dear friend...
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Dash is a good and long lasting coin for sure
Thanks
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Valor2S from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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@bitcoinflood got you a $1.21 @minnowbooster upgoat, nice! (Image: pixabay.com)
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nice your post
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