Bitcoin Forum

Fishy coin...

So no patient privacy ?
No medicinal secret ?

Have you studied the healthcare industry? Many medical institutes aren't even sharing data on the Internet, why will they use blockchain?

The fact that an industry is large doesn't mean they'll adopt the tech. And if only a small group of a large market uses your tech it won't be useful.

How it could be private as the blockchain is public ?

That's actually possible, like with Monero and Zcash. You could also hold hashes on the blockchain. But imo the idea itself won't work

Okay, but if the data are hidden, how the hospital itself will recover them ? With a key ?
Yes, it won't work, or I need some better infos

I don't think so, The hospital just take a little part to manage their date. I mean if they are mostly taking a real act. I think the blockchain will be useful to make the system will be more efficient and cut the middle man to run its program or run an audit to the system.

Hospitals have less security concerns regarding their data. Ptoy was a great catch but most people missed it. that's why it exploded in price.

The health information is stored in blockchains so the data can't be hacked.

Think about the Ransomware attack how thousands of hospital and databases were infected with a virus.

Blockchains are incredibly efficient too.

It was trading well below the ICO price and even with the price rise today it is still below the ICO price,i am not sure how they will be implementing the solution to good use,either way good luck and hope we good reach the ICO price when the project starts functioning.

People... they don't even read patientory's whitepaper but they can easily talk about privacy, security etc. Most part of their whitepaper is about HIPAA (Health Insurance Portability and Accountability Act) It is very well designed taking into account current regulations in private health info. I think it will rise like stratis, just wait and be smart.

the price right now of the ptoy in the exchanges are really big! It pumps really high! A skyrocket price! I was shock about it. Those who invested ptoy and hold it until now i think they earn a ton! I think it doubles the price when they bought it. Overall the ptoy coin is really great coin. Lets buy it in the market.

This is a great idea but will be very difficult for mass adoption. Who has control over what patient information is added? Who has access to said patient information?

Currently hospitals strictly regulate who can access patient data and even monitor which patients the employees look up . As an example, if a celebrity came into the hospital, only their medical team should be monitoring their chart. If other employees were trying to access their chart, this activity is audited and the employee would be punished. Also, if a healthcare professional leaves that hospital/clinic then they would no longer have access to that patients information with the current records system. How would this be regulated with patientory? All activity on current electronic medical records is monitored for inappropriate activity. On a blockchain, it seems it would be too difficult to do this for most hospitals to adopt this as a replacement to their current records system.

I think you should bring proof if a coin scam. Don't accuse without proofing. If there is no data for public, have you ask the developers how to acces the data. I think everyone can say this coin is scam this coin is legit but please bring us proof so we can learn and make decision if we want to invest or not.

You have a good point on this. Let's see how PTOY will perform in the healthcare industry. I hope they are not after in the trading market only but the realization of their project.

Usual Pump & Dump for the time being

PTOY pump right now ...i think it's not a scam . you can make money quickly on it ..

In few days the price of ptoy rises 4x.its like as scam but  i am not sure it is a scam coin.You should research about this coin before invest

Do not believe it easily.
Everyone is very easy to say scam for various purposes, or just looking for sensual and joking.
Ptoy already signed Bittrex please check!  :'(

How could it possibly be a scam when they got through Bittrex's vetting process?

What makes you think that the PTOY project is a scam,if you have any technical evidence then you should clarify this in this thread rather than calling it a scam,the price of PTOY went down drastically after they got listed in exchanges but now the price have recovered,so if you call out something there must be some proof.

If you want invest and hold long-term, yeah I will say PTOY maybe a scam project or not good than Factom coin (medical project too). But if you just invest and take profit short-term, haha congratulation anyone has been invested to this ICO, because 2 days ago they can take profit with 100-400% ;D

How many people think it's shady because it was an ICO? I wonder that the opinion would be if the finding model was different.

Indeed bring a bloody source...

do you want to invest in patientory,,
buy the coin on bittrex or others exchange,,
here the list http://coinmarketcap.com/assets/patientory/#markets

and i think this is not a scam project  ;) .
i already made a profit by trade this coin

Just because someone makes money on a scam coin doesn't mean it is 100% not a scam coin. However, I am torn about this coin because of the following.

Good coin because of their awards.

    Voted Top 5 Atlanta startup company out of 200+ startups
    VC Taskforce-Startup World Pitch Winner
    Ranked Top 5 digital health solution in the world for empowering patients
    Voted Top 10 Amplify Women in Technology Startup out of 139 startups
    Named Top 11 Company Disrupting Healthcare in 2017 by Becker’s Hospital Review
    MedTech Innovator Top 100

If they already done this much. I'll give them a +1. (If you bother to spend the time researching and going to those websites for the said awards, you can see it's legit.

Good coin because of their networking connections

Boomtown Health-Tech Accelerator in Boulder, Colorado

Denver-based Colorado Permanente Medical Group -> part of the Kaiser Permanente consortium, based in Oakland, California. (Billion dollar consortium of 10.2million patients) Seriously, just do some basic research.

Patientory is also part of the Startup Health portfolio, a global organization leading the movement to transform health.

Things I am torn about though.
I'll just start out by saying that I have no medical background or any knowledge on how the medical industry works, therefore I cannot really judge. I highly doubt many of the investors in their coin understand the medical industry either. So... I believe it is up to Patientory to lay everything out in layman's terms. Just hold a sessions and post on youtube would do wonders for people who doubt.

1.) check out https://www.youtube.com/watch?v=Iu_exCAx8f4, their latest Q and A session. I am a business major and have a career in the financial part. Their Q and A and presentation style leaves a lot to be desired. Seriously, they can't have rented a better office or conference at a hotel somewhere for this? It looks like its in someone's basement.

2.) The answers both of them give.... doesn't make sense. One of the questions is how will the company able to sell ptoy coins given the volatility of the market to hospitals with fixed budget. And the answer the CEO give... is more or less incoherent. They are going to pay with fiat? ... Inflation.. I do not understand at all and given that presentation, she have no good answers either.

I really do hope they succeed. In fact they are going to the biggest convention for medical start up and going to enter that competition as well in September. If they can get first prize there, they well set to change this industry.

I think their coin is ok. It's just they need to start getting their act together or hire a better PR rep.

Having a profit just by trading for a certain coin does not mean that it is a scam or legit. Many coins are released on market but still turn to scam once the devs abandon his coin and sell or his premine share. But I will vouch that PTOY is a legit coin with solid vision and features, This coin offers fresh features in crypto world.

PTOY marketing has lack of information we know that this coin is for medical purposes but if we look at the foundation it went true its so small that we couldn't believe that the roadmap on this coin will went ages. Backbone of a coin is so very important that why marketing and strategies must be in a right place and right time even it has small investors taking small steps at a time will bring the coin up.

Why, could you please explain and let me know more information?

The price is still pumping. Let us wait and see what happened on the 26th June 2017. We are there already.We can not speculate it to be a scam just yet.

Whats gonna happen on June 26? Bounty?

Not as fast as you think. More profit for those who already have this coin before. When entering bittrex has already reached a high price, maybe 50%.

Bounties will be distributed on June 26, after the crowdsale.

https://patientory.com/faqs/

ah ,, okay and thanks inadvance for your explanations about scam,,
so when the dev didn't have any update or dissapear after few the project running, maybe we can call the project as scam project,,  ;)

If there is Bounty hunter from Indonesia.
Very appropriate because bounty is distributed on the day of the victory. Ied Fitri.
Congratulations I missed this bounty.

This is very concerning.  This Reddit thread points out the flaw fundamental of Patientory https://www.reddit.com/r/ethtrader/comments/6e682v/patientory_ico_warning_7_red_flags/

Also, I contacted Kaiser Permente and they said that they do not know who Patientory is

The team behind this project seems solid and I dont think PTOY is a scam

I couldn't be said that the patientiory just another scam or useless project but i believe it will, The idea is very non sense for me. The real usage for the blockchain to our real life still on the development and looks the dev already did it before another expert project will have done it.

Bittrex adds any coin.No matter it's a scam or not.

So do you guys still think PTOY is a scam?   I think it's got real dev going on and actually has a real world application..  I mean all these people being effected by hurricanes and earth quakes..    and that's only gonna get worse..   

I think being skeptical and objective is important but also realizing that not everything is a scam is healthy too.

Full disclosure I do own some ptoy but under .1 btc.

Yes, I never thought that it was a SCAM, because he did not have much solid evidence to say that this is a SCAM, nor do I understand why he can say that it is a SCAM.

Totally agree with that everyone is very easy to say scam for various purposes, or just looking for sensual

I think this is an old topic and we should skip this topic because PTOY has really had a very high price in recent months and this makes many investors get a good profit from keeping this altcoin. And more specifically, PTOY will undoubtedly be one of the projects that can grow in the future.

  if they have actually done that then to me its not a scam

I have always believed that you are not truly a legitimate project until someone calls you a scam. All part of the game.

You guys want spread FUDs so you can buy PTOY cheaper. Stop all the FUDs. PTOY is a real deal, just because you called someone at Kaiser that person would know. Kaiser is a big organization. You need to talk to the right person especially the collaboration between Kaiser and Patientory is currently under a pilot program.

It's not a scam. The idea is pretty revolutionary. I'm pretty pissed I found out about it so late, but the potential is still there. I work in the healthcare industry so I know what they're trying to do is possible and it's also needed.

All that you had to say to back your claim was, "fishy coin", lol. You need to do better than this man. PTOY is one of the most accurate matches in conjuncture to blockchain technology. If you have some substantial reasons that its a scan then pls share them.

its a scam