Quote from: gorrion on May 10, 2018, 10:42:40 AM

Quote from: jeen5 on May 10, 2018, 09:04:38 AM

while there is such positive event. why is the price not rising? I'm still waiting for its to rise.

because the volume is too low, CAS can't list it on any exchanges. Cool

The regulation in India seems not clear at the moment, altough anything can happen. Although the decline in price probably related to the distribution of tokens, when all tokens not sold distributed in June, probably many will sell them and is expected the price will go down.

But for me the real problem is that Cashaa had a working product but they stop it, why ? the cost of remittances seems higher than expected because the system is based in involvement of traders that wanted benefits ( they added about 5 % cost so you can sent fiat from one country to other, but this involved you buy crypto in one country to a trader and other trader sell crypto for fiat in other country ) . The platform was working in London but suddenly is not in the webpage anymore, this means the growth of platform stop, why ?

The problem with Cashaa for me is all this hype about the future but not having a product doing a good performance at the present when they had it in 2017... other solutions are having great track record while Cashaa dont show any tangible results...yes, you can be patient, you can wait sometime something will happen, but in my opinion most of the people in the company are qualified marketers instead of developers...marketing is important but in this case I see too much marketing without a fundamental progress. ( and I dont like when all matketing is just for investors, not for the users of the platform )

IMO The letter of Kumar didnt say much relevant.

For the moment it seems a specially risky investment... will follow the company to see if they produce something of value ... we will see.

Hi

The product you mean was the initial beta which stopped after a successful trial.
They are currently developing their own etc exchange, followed by a p2p exchange and a wallet according to the roadmap. You can follow the development here: http://developers.cashaa.com
The company itself grew too since the ico. They have a new office in Mumbai with around 30 people with another 20 joining soon.

It looks really promising!

If you or anyone else has further questions please hit me up or write it in the update thread I have created about Cashaa:
https://bitcointalk.org/index.php?topic=3627100.msg36854602#msg36854602