DashPay update March 21 2017

in #dash8 years ago

Dash has blown everyone away with a rise from $10US on December 28 2016 to a high of $116 on March 18th 2017.

Currently Dash has an 11:1 ratio to Bitcoin.


News from CoinTelegraph

"Early Bitcoin pioneer Charlie Shrem, co-founder of now-defunct Bitcoin exchange BitInstant, is pursuing a new venture, a Dash-branded and Dash-accepting debit card. Rather than seeking startup funding through more traditional means, however, Shrem has instead sought funding directly from Dash itself." - Joël Valenzuela

"This card has two great things to it. Merchants accepting Dash can now instantly withdraw their funds and use the card to pay bills. The second is psychological. When you are holding a form of value, the harder it is for you to spend or use it, the less you want to hold it." - @charlieshrem

"One of the things that give Bitcoin its utility as a store of value is the widespread belief by holders they can sell/spend/buy whenever they choose anywhere they choose. There are over 20 different Bitcoin debit cards available, it’s time for a Dash card." - @charlieshrem


News from NewsBTC

"However, the most important move was below a bullish trend line with support at $105 on the hourly chart of DASH/USD (data feed from Poloniex). It prompted a move towards the 50% Fib retracement level of the last wave from the $76 low to $117 high. The price then found support just around $100, and the 100 hourly simple moving average. It is currently attempting a bounce back from the $100-98 support zone, but might struggle." - Aayush Jindal


News from FinanceMagnates

"Dash’s recent valuation increases are the largest we’ve seen. This kind of dramatic growth is only possible due to a combination of many factors coming together at once. Year after year, Dash has built a track record of innovations that improve the user experience and apply payments industry best-practices to our product. What I think you’re seeing is Dash’s emergence as a viable alternative to Bitcoin’s dominance of the cryptocurrency market, at a time when Bitcoin’s user experience as a payment network is suffering due to capacity constraints and a backlog of unconfirmed transactions." - Ryan Taylor


I made a very small bet in January and it really paid off. I have a decision to make. Should I buy more Dash at all time highs or wait to see if it goes higher or lower?

What do you think? Have you increased the amount of Dash you hold? Will you wait for lower prices to buy?

Dash has increased significantly since my last post about it.

Please leave a comment below.

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DASH is a perfect compliment to other decentralized governance platforms like BitShares. You can buy DASH (often cheaper than anywhere else) on the DEX with this supported market: https://bit.ly/DASHbitUSD One very fascinating development is people are buying our HempSweet xylitol via our website https://hempxylitol.com and then trading the Proof of Purchase digital receipt [HEMPSWEET] https://bit.ly/HEMPSWEETbitUSD and then buy DASH.

HempSweet sees great value in leveraging these two (three with STEEM) platforms and submitted a Pre-Proposal to the DASH masternodes yesterday. Support us at https://bit.ly/DashMNproposal

Why not sell a 1/3 now around $100? (guaranteed profit)

Put next 1/3 in sell orders in additional thirds $133, $166, $199

And last 1/3 you HODL for the MOON! (1MILLION) :)))

After you sold that first 1/3 you buy the exact amount of DASH you sold BUT, (here's the kicker) REBUY them back lower like $75, $50, $25 while they sit in buy orders and the remaining amount left in your balance...well you EARNED it!

Save it! Spend it! Invest it!

"thirds rule strategy"

Frank

"What do you think? Have you increased the amount of Dash you hold? Will you wait for lower prices to buy?"
I find myself asking the same question
If Dash starts to drop lower, what is the lowest it will drop to, to then buy back in.
Or will Dash steady stay around the $90+ price for a while
At the current time I am thinking to just hold onto the Dash I have.
Wait to see what happens

i ve changed for bitcoin the 40% of my dash when it hits $ 110 ( ratio 1:10), and now im waiting to rebuy when the price drop to about $ 70 ( ratio 1:15)