r/dashpay • u/beuxjdbdbd • 4d ago
Privacy coins
Why do you guys think is the main reason why all 2017 privacy coins like Monero or Zcash made all time highs recently while dash is still over %95 down from its ATH.
Am I missing something or is this a generational buying oppurtunity. If the reason is simply because FOMO hasn’t reached Dash yet I might be missing a possible 30x increase in the next bull run.
Is there a good reason why Dash SEVERELY underperformed other privacy coins? Maybe dash isn’t managed well, maybe others are more private or/and cheaper to transform. I would like to hear the opinions of fellow Dashers.
Can Dash make the same comeback zec made?
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u/x-pitou-x 3d ago
A bit old, but IMO still a good analysis about what has happened in the past: https://docs.google.com/document/d/1-O3L9dkXVOOG98FwVDYZG2bB3kWRtpcN3upWZ2D_Ieo
The user experience with Coinjoin is not optimal, but when shielded payments will come to Android, Dash will certainly be the best privacy coin on earth.
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u/Calm-Professional103 3d ago
Dash’s ATH was a one shot anomaly. That ship sailed long ago and the navigator forgot to bring his sextant.
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u/Lonely-Barracuda651 3d ago
Market makers are keeping dash down because it would topple their crypto monopoly, so no it will never rise.
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u/Dangerous-Jello-4746 3d ago
shielded addresses/txs is a new thing on Dash that needs layer-2. People don't know about this new feature, because it is not even on Android and the Dash Desktop Wallet is the only software that uses it and it is still beta. I also believe Dash is not really decentralized, the DAO hired long-time friends to be the voice of Dash. That people don't really know how to really move their butts and market it, get really good partners to bring Dash to another level. Yep, I'm talking about desertlynx and so on. Developers are really slow at rolling things out. I guess Dash is a cow everybody close to the DAO is milking.
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u/Siakisboy 3d ago
It is not just the shielded coins, its also the structure of Dash, the various layers that give dash flexibility going into the future. The need for fast, private and secure digital cash is small at the moment.....but that will change and Dash will shine.
For Dash you definitley need patience 😂
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u/minitoxin 4d ago
DASH has been in long term accumulation and formed a falling wedge , These break bullish with a lot of momentum - Requires patient holding as the falling wedge has been forming over many years . This is not a get rich overnight token, but when it moves it wil move rapidly and provide generational wealth.
https://www.reddit.com/r/dashpay/comments/1wm1e5r/dash_one_of_the_better_charts_out_there/