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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’s Sunset and Sunrise Within a Year. What Happens Now?

  • Stavros Georgiadis
    📈 Price Predictions

    This November is different as BTC’s price has plummeted to the recent level of $3,800 from around $18,000 in January 2018, having lost about 78% of its value

Bitcoin’s Sunset and Sunrise Within a Year. What Happens Now?
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Bitcoin had an amazing price action in November of 2017, as its price went from $5,300 in early November of 2017 to almost $12,000 by end of November 2017, and one month later during December 2017, the price reached its all-time high around $20,000.

This November is different, though, as its price has plummeted to the recent level of $3,800 from around $18,000 in January 2018, having lost about 78% of its value. So, from sunset to sunrise, in this article we will analyze the main factors that caused this huge decline on a yield-to-date basis.

Bitcoin’s Monthly and Weekly Charts

Bitcoin’s Monthly and Weekly Charts

Bitcoin’s Monthly and Weekly Charts

Top Factors Influencing Bitcoin’s Price and Value

  1. There is not an easy way to calculate the intrinsic value.
  2. Taxation and regulatory challenges.
  3. Artificial, very large demand for energy, environmental issues.
  4. Economic effects and slow transactions.
  5. Long-term security concerns of its hashing algorithm and huge transaction fees.
  6. Security concerns against theft.
  7. Not an easy way for financial transactions to people who are technologically-savvy
  8. Requires knowledge about computer security
  9. It is slow and not very practical in daily retail transactions
  10. Lack of protection against fraudsters, scalability problems

What are the business prospects of Bitcoin now?

This collapse of Bitcoin’s price within one year reflects the change in the perception of investors, traders, and business acumen about the true prospects of the cryptocurrency. Its main competitive advantage includes being the first decentralized online digital currency and no need for a central bank. An alternative to traditional fiat currencies has failed to persuade the global investing and financial community so far, and this is solely based on its price reflecting the supply and demand levels.

The main concept that Bitcoin would be a revolution or an evolution in the global financial system has yet to materialize, and it is now very uncertain whether this scenario will ever occur.

Lack of regulation creates a very risky business and financial environment

The lack of regulation and very volatile trading price action makes Bitcoin not a suitable form of investment for many types of investors or investment funds. “Due to the lack of regulatory oversight, scams and market manipulation are commonplace.”

Legislators have a lot of work to do to avoid any fraudulent situations in the future, and due diligence in an extensive form is a requirement in the cryptocurrency market for a sophisticated investor.

What is the key problem for Bitcoin?

All the mentioned factors are very important for the future of Bitcoin. But the transition from its sunset to its most recent sunrise is due to one major factor, related to business and economic reasons: Its lack of broad acceptance and ease of use in daily business and retail transactions.

The elementary economic law that explains at first the price of any financial asset is the law of supply and demand. As of January 2018, and up to now, history has shown that there is excessive supply and no demand for Bitcoin. Technical analysis reflects this fundamental principle. For Bitcoin to move to significant price levels, this imbalance between supply and demand must change. Otherwise, any rallies will be vulnerable to speculative trends and profit taking.

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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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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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