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Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?
Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

Bitcoin Goes Down or Irrational Investment Exuberance

  • Stavros Georgiadis
    📈 Price Predictions

    The main question in the crypto market is whether Bitcoin is a form of irrational investment exuberance.

Bitcoin Goes Down or Irrational Investment Exuberance
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Contents

The recent collapse of Bitcoin with its sharp decline has raised very important problems and issues for investors as the Bitcoin price has become critical for holders and even miners. In this article, we will list some of the most important challenges that Bitcoin is facing and will provide a technical analysis perspective. The main question is whether Bitcoin is a form of irrational investment exuberance.

Fundamental and business perspective on Bitcoin

Bitcoin’s modern investment philosophy is based on being a revolution in the financial industry, a deregulated solution for the major financial activities, and becoming an alternative form of currency, replacing the so-called fiat currencies. But history, as recorded by recent price, has proved that expectations were set too high, and an irrational exuberance for Bitcoin’s price and mainly business applications and acceptance is already a reality. Here is a list of most important challenges and risks that Bitcoin has experienced so far:

- Slow transaction speeds;

- Hacks and lack of security;

- Lack of intrinsic value;

- Mining is expensive;

- Bitcoin can be traced;

- Volatility;

- Ease of use and acceptance;

- Potential for theft, Reputation for criminal activity;

- Tax issues;

- Scalability.

Bitcoin is very hard to value

The lack of intrinsic value from a fundamental financial analysis is important because studies have been made and theories have been published about what is or should be the real intrinsic value of Bitcoin.

A key question remains unanswered. In economic theory, a financial asset is valued based on its future expected cash flows such as its dividends, or in the example of equities, the free cash and earnings flow. The financial analysis of trends related to profitability and financial performance with the focus on financial ratios can help investors build arguments in favor for or against of any financial asset.

Bitcoin lacks this basic principle, as it does not have any cash flows to estimate and its price is mainly the result of speculation and of the perception of investors about its value and both current and future business prospects. Furthermore, as we will see, its recent price collapse could pose serious future business viability problems to holders and miners.

BTC technical analysis

Making a reference to monthly and daily Bitcoin charts, the top is around $20,000, and the most recent price of $4678 clearly shows a shift in the investing community perception of the real value of the cryptocurrency.
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In investing, a golden rule for success is to trade with the trend, not against it. It is tempting for many traders to try to catch the bottom price of Bitcoin, and a few days ago we mentioned it is too risky, as the price continued its downward move.
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The main points for now are that a strong downtrend is present, evidenced by the value od ADX/DMI indicator currently at 36.13 showing a strong trend. Though the cryptocurrency is at extreme oversold levels supported by the value od daily stochastic indicator (14,3,3) at 10.98 below the level of 20 which indicates an oversold asset, there are not any strong arguments to buy the cryptocurrency and try to catch the bottom. It is too risky, and with no real support at current levels, there is a very strong probability that the price could decline further.

The daily Bollinger bands are at $4755 and $7278, respectively, for the lower and upper band, having expanded significantly and showing intense volatility. The daily 20-period and 50-period exponential moving averages are now at $5795 and $6186, respectively, pointing down and supporting the strong downtrend.

Traders looking to buy the cryptocurrency at current price levels could aim for the former support now resistance levels of $5790 and $6095. If the cryptocurrency trend is to change from downward to upward, a prolonged closing price above the 50-period moving average and the level of $6200 is required. Until then, there are better odds to stay with the recent trend and sell any bounces to resistance levels mentioned.

Finally, regulation and the degree of acceptance form several countries for Bitcoin as a form of financial asset and way of payment in daily financial transactions is a key driver that will influence its future price.

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Dash Price Prediction 2019-20-25 — How Much Will DASH Cost?

  • Denys Serhiichuk
    📈 Price Predictions

    If you want to have a fast transaction speed and an opportunity to run a master node, then Dash is your choice. In addition, this coin has similar features of anonymity to Zcash and Monero. These peculiarities have made Dash popular among investors, traders and moners. In this article, we will try to predict the possible rate of this cryptocurrency in a few years.  

Dash Price Prediction 2019-20-25 — How Much Will DASH Cost?
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Contents

Dash cryptocurrency has not accidentally gained wide popularity among users. Today, it is considered to be one of the most scalable and convenient digital systems for online payment with access to the traditional financial market.

Platform developers already implemented a fast confirmation, a high degree of anonymity of payment transactions, a reliable two-level security function, and a self-managed reward system based both on mining and stimulating the work of complete nodes. A clear development plan for the platform with the prospect of scaling up to 400 MB of blocks makes the project even more promising.

Dash Price Prediction

In order to start predicting the future price of Dash, it is necessary to know the pros of this coin. Its advantages are as follows:

  • Absolute transparency of the Dash project. The founder of the platform, Evan Duffield, high professionalism of the team, which includes talented developers and experienced PR people contribute to increasing market capitalization and liquidity of the coin.

  • Guaranteed privacy deals thanks to Privat Send option technology. Safe storage of funds in the accounts.

  • X-11 hash algorithm, consisting of 11 compiled hash functions, developed by Duffield.

  • The potential of Dash as a tool for long-term investments: the constant introduction of updates, the use of innovative technologies, and preservation of a moderate cost.

  • The integrated send system provides instant transaction processing. In this case, the speed does not affect the network.

  • Minimum fees for any operations with Dash, whether they are: purchases, exchanges, payment for services, etc.

  • A simple mechanism for implementing updates due to the two-tier platform architecture.

  • The ability to simultaneously use multiple cryptographic algorithms.

  • High coin mining revenue. Despite the appearance of specialized ASICs on the market, Dash remains one of the most popular cryptocurrencies for mining.

  • The status as “the most decentralized of all cryptocurrencies” thanks to the DAPI software interface. All participants in the system have equal rights.

However, some disadvantages also exist:

  • An error was originally laid, which subsequently led to instamine — the effect of a relatively quick emission of the volume of coins with a subsequent decrease in rewards. This discourages potential investors.

  • The threat of a possible discharging of the coin rate due to the master nodes.

  • A gradual transition to ASIC-miners.

How has the DASH rate changed over the last years?

During 2018, the cost of DASH cryptocurrency decreased 25 times, from $1,516 to $64. Market capitalization decreased from 12 billion to 600 million dollars. Despite this, the Dashcommunity gradually developed, and now it reaches large volumes. At the end of 2018, DASH coins began to be accepted as a means of payment by the fast-food chain Church’s Chicken restaurants in Venezuela. A few days later, Dash representatives announced a partnership with the Node40 and Alt36 companies, which are about to develop the cannabis industry.

Year

DASH price

2015

$0.04 - 19

2016

$2 - 14.12

2017

$11 - 1,575

2018

From $1,007 to $382, then a slight correction to $586 and again a decrease to $153

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DASH Price Prediction 2019

At the time of writing this article, the cost of one DASH coin is $92. The fact is, that the cryptocurrency market situation has changed a lot, and retail investors have rethought their approach to buying digital currencies, Dash has possibility for success. Despite strong competition from Monero and Bytecoin, the Dash coin will find its place in the market. And if this year, we see an influx of large investors in the cryptocurrency market, then Dash has every chance to reach the price of 500-600 dollars.

This forecast is completely different from the CoinOracle expert estimates. According to their calculations, in 2019 the coin will significantly strengthen its position up to $868, and in five years it will reach $3,902.

DASH Price Prediction 2020 and beyond

DASH rate prediction

Analysts claim that the created technological value allows making a positive medium-term forecast for Dash cryptocurrency. Current fundamental circumstances indicate that by the end of 2020, quotes will fall in the range of $6000 - 8000 per coin. In the case of the optimistic scenario, the price may rise up to $20,000 by 2025.

The development of Dash Labs, a strong team of developers and a positive news background around this blockchain project gives hope for the return to the top-10 by market capitalization. We can expect new partnerships and the expansion of the geography of Dash payments.

What to expect?

“What to expect” logo

Market conditions are changing, retail investors are updating their approaches to building their digital portfolios, and under these conditions, Dash has a chance to turn the tide in their favor.

Ultimately, the market situation will primarily affect the Dash quotes. If the reversal to the “bearish” trend does not happen (and this can happen, because in the history of crypto-economics there have already been cases of correction with a duration of two years), then Dash is waiting for the next update of the minima after Bitcoin and other assets.

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In addition, there are concerns that the development of the project may be hindered by the growing tendency to establish control over the crypto-economy by the governments of the largest countries in the world. Earlier, Dash has already suffered from delisting on the Coincheck exchange, conducted in pursuance of an order from the Financial Services Agency of Japan (FSA). If decisions on the introduction of the obligatory AML and KYC procedures into the rules of trading floors follow this, anonymous coins, including Dash, will lose their main advantage. Let's hope that the developers are not sitting idly by and are already coming up with ways to survive in this scenario.

Conclusion

Despite several unpleasant moments associated with Dash, this cryptocurrency still has solid potential. Of course, this digital asset is far from a leader in terms of capitalization and popularity among users, but the unique architecture of the network of the same name, high-speed transactions, complete anonymity, and security, as well as constant improvements, can make the considered coin one of the market leaders in the future.

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