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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?

Up or Down: Main News that Affect Bitcoin’s Price in December

  • Stavros Georgiadis
    📈 Price Predictions

    These are some of the latest news on Bitcoin, which can have an influence on its price

Up or Down: Main News that Affect Bitcoin’s Price in December
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These are some of the latest news on Bitcoin, which can have an influence on its price. These are fundamental, not technical, news.

- Spanish Deputies to Debate Creating ‘National Crypto Council

- Bitcoin to Bottom Out in a Few Months, Research Claims

What are the implications of these news reports?

The proposal by Spain’s People’s Party (PP) about forming a ‘National Council of Cryptocurrencies’ with the strategic purpose of regulation of cryptocurrencies and blockchain technology while also providing independence to Spain — especially to policy issues — is important as it can provide an organized legal framework and network for crypto and blockchain-related businesses.

Two of the most crucial issues and concerns related to cryptocurrency are safety and the reliability of the market. Spain takes the cryptocurrency market very seriously as it will host one of Europe’s biggest blockchain events, Congreso Internacional Blockchain, on Dec. 12-14, 2018. Regulation is a topic that will be important during 2019 and beyond.

As the cryptocurrency market is decentralized, any first initiatives from countries to offer a tax-friendly and secure legal framework for blockchain business purposes will give an edge to these countries. In business, a competitive edge is very valuable if it lasts.

BTC/USD chart

A forecast that Bitcoin will bottom in 2019 and then move higher due to the Lightning Network’s success from Delphi Digital is focusing not on technical factors, but on business adoption and prospects about Bitcoin and its future.

“In order for Bitcoin to work as a medium of exchange, we believe it first needs to establish itself as a store of value to help reduce its volatility,” the paper stated.

Instant transactions and lower fees are positive factors for Bitcoin, which is trying to become a medium of exchange in daily financial transactions.

Important Bitcoin statistics for December

Bitcoin, with a price of $3,456 as of December 12, 2018, has lost almost 79.21% of its value in 2018 compared to the January price of about $18,000. Here are some interesting statistics for Bitcoin other than its performance.

·    Unrestricted in 110 of 251 countries/regions.

Bitcoin legality map

·    It is unrestricted for now in 43% of countries/regions. There are differences in classifications of Bitcoin as a currency, property or bartered goods among these countries.

·    The Bitcoin search volume on Google trends peaked in late 2017 and then declined in tandem with Bitcoin’s price.

·    The largest part of the Bitcoin community’s interests is related to financial services and investment services, while the smallest ones are related to business and productivity software.

·    Bitcoin community engagement by gender shows that the male gender dominates the market with a percentage of 91.22%.

·    Bitcoin community engagement by age shows the majority group is the age of 25-34 with a percentage of about 48%.

·    The major device used to access information about Bitcoin is a desktop device with a percentage of 76%. Only 3.12% of Bitcoin community engagement is made with a tablet.

·    The next Reward Halving date is May 10, 2020.

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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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