Hey guys,
Great conversation you guys have going here. Looks like a little venting, mixed with some insightful thoughts and excellent ideas. Since I'm joining the conversation late, allow me to catch up, as I have a lot of thoughts on this topic as well:
Dash is so early in its development and marketing cycle, current prices are basically meaningless, from a long term perspective. Our product is not finished, existing in Beta only, and being radically changed and refined by day seemingly. Any substantial marketing effort now would be wasted due to confusion of the public. What's more, it's not very user-friendly. This good news we are having is great, as we are setting the foundation for the future with each glowing report, even if it doesn't affect the price. As for your investment, only you know what you're comfortable with, I for one couldn't care less if it goes to .0001BTC before its potential kicks in.
This meeting should reveal some of the puzzle, as Evan is keeping his cards close to the vest, and has said he will not reveal all of Evolution's details there as it is simply too much to digest at once. The price may spike a bit, but adoption and demand is the key to sustained price advances...
Exactly this. No demand. Everyone who is in is already in. This is why I continue my Twitter campaign, trying to expand our base slowly, getting crypto types to see the benefits of Dash from a speculation standpoint. The Dash value right now is driven only by traders and whales. When Dash is ready for a full on marketing blitz (easy to use, close to a finished product), then we will start to see utility drive the market.
You really need a lot of patience. This is no get rich quick scheme, and we have lots of enemies who would like nothing better than for us to fail. We have a LONG way to go.
This is the best use of our efforts at this stage. To hell with the price, just keep developing and refining, making Dash a slick product that people like using. This is key, if we want demand, we have to make it a great experience using it. Right now, it is not, TBH. That will only come with time. Patience is needed here. However, there is nothing wrong with all of us doing one small thing for Dash every day. It sure adds up that way.
My thought on this is that as long as you believe in the fundamentals and long term prospects, today's price doesn't matter. As soon as you stop believing in these things, it's time to exit your investment.
Agreed. Nothing is going to come easy, and it would be helpful if more people became hands on. That's the culture we should be creating here, everyone doing something for Dash, no matter how small.
That's not entirely true. My PR campaign has encountered hundreds of people who were not crypto savvy before I started talking with them, but I'm just one person. If everyone committed to spreading the word in a grass-roots way while we are still developing, we would be much farther ahead. Also, to be seen in magazines such as Wired and FinTech Finance shows that we are slowly making headway outside of cryptodom, but once again, we are far from a household name ATM.
Agreed. We just aren't ready for the latter, and are having success with the former. We just need to relax, decide if this is a long term investment for us, and if it is, stop looking at today's meaningless price, and drive toward the future.
Tao.
