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Msile
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January 15, 2014, 10:05:20 AM |
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I don't get it, why is the value going down after this news?
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rlh
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January 15, 2014, 04:37:19 PM |
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It's because there are now 1,001 alts out there and, let's be honest, Worldcoin isn't that exciting.
BUT, this can be good news. What we are seeing is a rush of stupidity to create, pump and dump alts. When the smoke clears after the bubble bursts, the only alts people will pay attention to will be those with substance.
IMHO, pump and dump these useless coins while they are profitable and just keep buying up this cheap WDC. May the price continue to drop until the day people start to "trade smart" with their crypto.
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A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.
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RaymanJr
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Activity: 43
Merit: 0
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January 15, 2014, 04:44:39 PM |
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+1 rlh
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ag@th0s
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January 15, 2014, 05:48:51 PM |
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I don't get it, why is the value going down after this news?
Is the perception that Scharmbeck will depress prices on the Exchanges if it becomes easier to buy them with fiat? Few things I'm not clear about (and I'm a WDC supporter) is how is Scharmbeck is going to establish the price and how is it going to provision user balances? Is it going to offer WDC from it's own holdings? Anyone know? |
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albertdros
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January 15, 2014, 05:50:51 PM |
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i think people do not realize how great this actually is. This makes it SUPER easy for any merchant to include WDC on their website. This could honestly be huge. If some major websites would start to use it, others will follow.
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Wedel
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Activity: 32
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January 16, 2014, 03:44:52 PM |
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This is extremely exciting, can't wait!
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shwackd
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Activity: 25
Merit: 0
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January 16, 2014, 07:10:04 PM |
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I can verify Scharmbeck is working and awesome! Thank you for making this service available, I already know more than one family planning on investing in WDC this way because they didn't want to buy into BTC first. Newcomers to cryptocurrency see BTC as sluggish and I agree.
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sooraw
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January 22, 2014, 02:10:56 PM |
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following with interest
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Sagefit (OP)
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January 22, 2014, 02:43:54 PM |
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"Very happy with the Scharmbeck service thus far. I had a $600 purchase fulfilled in less than a couple hours yesterday. Keep up the good work!"
-Edward J Trosclair:
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SonofPegasus
Member
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Activity: 75
Merit: 10
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January 22, 2014, 03:13:03 PM |
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"Very happy with the Scharmbeck service thus far. I had a $600 purchase fulfilled in less than a couple hours yesterday. Keep up the good work!"
-Edward J Trosclair:
I've been using Scharmbeck for two weeks now and it's really great - would be happy to answer any questions. |
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Speedie
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January 22, 2014, 03:33:06 PM |
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It's probably too soon to get a definite answer to this, but here goes:
Do the merchant tools auto-exchange and (optionally) sweep to the merchant's bank account via ACH each day? As a merchant myself, I envisage the transaction flow working like this:
Customer reaches checkout payment page and sees total in USD -> chooses to pay with WDC -> amount in WDC at the current exchange rate is shown either on a Scharmbeck page or the merchant's own page (API calls?), customer makes payment from their wallet or Scharmbeck balance -> merchant is notified with something like a PayPal IPN notification -> WDC is auto-exchanged to USD at the agreed upon exchange rate (if the merchant has chosen not to hold WDC) -> once each day the USD balance is sent via ACH to the merchant's bank account (if they so choose, manual withdrawals otherwise).
This would make accepting WDC broadly similar to accepting credit cards or PayPal, but with lower transaction fees and zero chargeback risk. I, for one, would be all over integrating a solution like this into my businesses.
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dragnar
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January 23, 2014, 12:29:43 AM |
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It's probably too soon to get a definite answer to this, but here goes:
Do the merchant tools auto-exchange and (optionally) sweep to the merchant's bank account via ACH each day? As a merchant myself, I envisage the transaction flow working like this:
Customer reaches checkout payment page and sees total in USD -> chooses to pay with WDC -> amount in WDC at the current exchange rate is shown either on a Scharmbeck page or the merchant's own page (API calls?), customer makes payment from their wallet or Scharmbeck balance -> merchant is notified with something like a PayPal IPN notification -> WDC is auto-exchanged to USD at the agreed upon exchange rate (if the merchant has chosen not to hold WDC) -> once each day the USD balance is sent via ACH to the merchant's bank account (if they so choose, manual withdrawals otherwise).
This would make accepting WDC broadly similar to accepting credit cards or PayPal, but with lower transaction fees and zero chargeback risk. I, for one, would be all over integrating a solution like this into my businesses.
this is alo what i am hoping for |
lol no ty
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Colaxais
Newbie
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Activity: 50
Merit: 0
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January 24, 2014, 04:02:31 AM |
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Are there going to be any more new beta members brought in before the site goes live?
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