It did not move anymore just that big wham bam but no blammm! now The 3 and 5 minute charts are correcting. Lets see what happens at the end of that. Maybe 15, 20 minutes. EDIT: Stabilising. 3-minute chart correction completing. Wait for the 5-minute next and the hound may be back off the leash... |
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5180 is the level to break.
If it gets through that then we really are on a planetary mission that breaks 3 years of correcting.
Must be all the Chinese devaluations.
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Whats happening ?
Why is BTC skyrocketting ?
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ERP's are actually a pretty good route into crypto for merchants wanting to run POS.
They support all the necessary till functions you need in a formal commercial setup - product database, data take-on features, Z-ing, cashbook, sales reporting, compliance support etc.
I wrote a POS system from scratch for a business in the mid-ninetees which is still in use in several cities in the UK today. It's basically nothing about the currency and all about the features, except with Dash you'd have an alternative clearing layer that cut out the banks from the loop and didn't have Bitcoin's 1-conf double-spend issues. I think thats potentially an attractive proposition for many merchants.
Apart from that, Odoo's is dirt cheap. I suspect you only need a couple of modules - if that. The first "app" is free and that may be enough.
I doubt any commercially conscious merchant is going to adopt crypto just for the sake of it, but bundled up as part of a mainstream POS solution that's widely recognised, they might.
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But starting with the most complicated project with a limited user base doesn't make sense. How does Odoo have a "limited user base" ? It has a massive userbase as far as I can see. It also represents a one stop shop solution for small retailers wanting to accept crypto and for whom BTC is a problem (due to dodgy 1-conf). In reality blockpay already takes Dash and other coins with their Odoo integration and would have the advantage(of course not in all areas yet, and not with instantsend). To me, the only point of adding support for any cryptocurrency would be because it made the POS work where others didn't. So that means support instantsend justifies a native solution. Build something simple that everyone can use with a sustainable model and then Odoo or other merchant systems can adopt that. Except "something simple that everyone can use" isn't on offer. A Dash native solution "that everyone can use" is, so why aren't we funding it ? Specifically, that native solution would support instantsend which is the make-or-break of realtime POS and that does seem like a bit of a gateway given the advent of developments like RBF in Bitcoin. For example, it opens the door for all those small to medium businesses that want to accept "cash", independently of the banking and debit card paradigm.  https://www.odoo.com/page/point-of-sale-shophttp://www.slideshare.net/openobject/discover-odoo-pos-in-v8-your-shop-ready-to-use-in-20-minhttps://www.youtube.com/watch?v=RhoXhSI9wsA |
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so smoothie's point about the upcoming Dash To The Exit stands untouched. You mean like the last time you and him came round here trolling that there wasn't "enough buy liquidity" and that people were "heading for the exits". I think the price was around 0.008 then - half the current "low" LoL. I trust your influence will have a similar "impact" this time  Trolls are back. Buytime!
They're just back on Risto's payroll after he replenished his pockets following the recent engineered pump of his favourite asset off its lows. (Though I think iCEBREAKER's contributions are a probably a voluntary source of entertainment)  |
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If they can sell.
Liquidity on the bid side of things has not ever looked very consistent above say 800-1000 BTC for very long. You're only looking at exchanges. Most of the significant trades (including $100,000 +) don't happen on exchanges, they are OTC trades where there is plenty of liquidity. |
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All obscurity-based tech is good for one thing and one thing only - hiding the blockchain and limiting its auditability.
In that respect they will have some residual value as a technology, but very limited monetary premium. A tunnelling system for 'real' (bitcoin compatible, transparent blockchain) money.
The SSH of cryptocurrencies.
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Stuff can drop on low volume as well as high. A retrace to 0.016 was something I've been expecting for a while but it just took weeks in coming. Buying back some of my trading Dash now. (Also, a retrace is always healthy as the next leg up on the nodecount). Need to keep an eye on the big picture. The bottoms are always rising.  |
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This looks awesome. Value added services and further consolidation of Dash as a monetary reserve. |
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So is BTC gonna tank later today when the SEC decision comes out and knocks the Winky's back again ? Should I liquidate a couple of BTC on localbitcoins while the going's good ? Or is everything gonna be ok.
Decisions.
Better go and make some soup.
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If vendors everywhere deal in crypto then there is no need to interact with a bank because everyone at that point would be their own bank, responsible for their own financial security. True but slightly delusional. The world financial system could collapse tomorrow, Bitcoin could go to $100,000 and you would still be dealing in fiat - or at least some new denomination that wasn't crypto. Even by some miraculous act of God, all prices in all world economies were suddenly to be denominated in Bitcoin (as opposed to, say the IMF's SDR), you still wouldn't be using the blockchain to facilitate trades. You'd be using the same commercial technology layer that's in use right now and you can bet your bottom dollar that WILL be regulated. Doesn't mean people can't still do blockchain-only trades that are genuinely anonymous though, but it just depends on whether you want to be uniquely stuck in that tiny minority sector of the economy or not. |
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If you think that debit cards are a step forward then you are sadly mistaken. One cannot be anonymous and still comply with AML/KYC. It's an oxymoron. Agreed. But it in that case it isn't the crypto that non-anonymous, it's your debit card account. The way for crypto to lose its "anonymity" would be for it to become a bookkeeping system in which the addresses represented "accounts" that were backed by a trusted party (i.e. the account holder). Then you can no longer benefit from transparent blockchains either because you need an obscured blockchain to protect privacy, at which case you've come full circle back to bank accounts. The entire idea behind Bitcoin was to eliminate the need for financial institutions. I think you've slightly misunderstood this statement. It eliminates the need for financial institutions participating in a bitcoin transaction. It doesn't eliminate the need for them anywhere else. What this does "open the door" to is unnecessary regulation of cryptocurrencies. LoL. That door was never closed. |
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Correct me if I'm wrong here. Doesn't the recent compliance integration disqualify Dash as an anonymous crypto?
More like it helps propel "anonymous crypto" into markets where people might actually use it en masse. (Check out 3 posts above ) |
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Nice, another fiat gateway added for Dash....
Are they supporting InstandSend for Debit Card top-ups then ? |
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Hahahahahaha... you recognize my reserved bullish tepidness? Yes indeed. Thanks for reminding me about the possible fake Chinese volume b.t.w. (and the poster above). I'd forgotten about all those games that get played. Despite, I do think the last 18 month's trading looks reasonably genuine when taken as a whole. The recovery from $200 onwards has been fairly cautious IMO. |
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