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Title: Bitcoin paypers Post by: payperEx on September 03, 2017, 04:20:34 PM The idea behind PayperEx has come from identifying the needs of many people who want to be part of the global share market but cannot for a variety of reasons:
lack of knowledge, fear of risk, insufficient finances, geographical constraints, etc. “We really think that we can build a decentralize trading network that transcends these limitations, and provide the same trading opportunity to all traders all over the globe”. Bitcoin Paypers is share based on the bitcoin, PayperEx will issue the Paypers and they will be traded in the network, Bitcoin paypers they are the replacement of the Bitcoin, of course in the sense of trading and not the sense of its uses. PAX token - PayperEx issued the PAX token to let the crowd participate in the project and to become members of the network. The PAX token will be sold during the ICO with special benefits. “Yes, we believe that the PAX value will be worth more than his value today, but it's not the reason that we issued it”. How does it work? Let's say that you believe that the Bitcoin is going to rise, so you decided to buy the "Bitcoin BULL Payper" The "Bitcoin BULL Payper" price at the time of purchase is 100 PAX (equal to 0.002BTC). According to the movements in the market, the price of the "Bitcoin BULL Paypers" rises to 150 PAX (equal to 0.003BTC). If you sell your "Bitcoin BULL Payper" to another Payperex participate your profit will be 50 PAX (50%). If you believe that Bitcoin is going to fall, you buy the "Bitcoin BEAR Payper" and profit if the price of the Payper goes up. The main strength of the Paypers 1. The initial price will be low like the value of the Bitcoin 7 years ago. 2. The ability to trade on upward and downward trends. 3. Our unique Fee Share model - a portion of the fee that we will charge on the network will be paid back to the Paypers holders. Presale is open now!!! PayperEx - everyone deserved a second chance www.payperex.com Title: Re: Bitcoin paypers Post by: john_W on September 03, 2017, 04:32:30 PM interesting
If you believe that Bitcoin is going to fall, you buy the "Bitcoin BEAR Payper" and profit if the price of the Payper goes up. Its basicly a way to short btc ;D , nice edit: some stuff i feel are missing whats the token cap...? is PAX token base on other token ? where will the btcpaper trade.. will you have you own exchange or will it be on polo or bittrex ? how much does each token cost? Title: Re: Bitcoin paypers Post by: btcdee on September 03, 2017, 05:54:51 PM Neat idea, but how does the matching engine work for the share units (not the PAX token) to be pegged to bitcoin's price movements? Do you run bots in other exchanges to achieve this? If so, how is this advantageous to just shorting/longing bitcoin if price entry doesn't really matter?
EDIT: just read your white paper, but still don't understand how the machine engine works. Will have to read this again but any clarification here will be much appreciated. Thanks! Title: Re: Bitcoin paypers Post by: Palakka on September 03, 2017, 06:02:31 PM Whats your project dev? Any whitepaper to see your about project
And where to know your team to developing this project in the future? Title: Re: Bitcoin paypers Post by: payperEx on September 03, 2017, 06:35:20 PM Token market cap 5,000,000,000 PAX ( we need high liquidity this is why it may be sound a lot )
PAX is quoted in BTC but the price will be determined by supply and demand Paypers and PAX token will be traded at Payperex network (the exchange) 1 PAX token coast now 0.00002 BTC the matching engine will be built on blockchain technology, no bot will be, the price of the Paypers will be determined by supply and demand, obviously there will be a correlation between The Bitcoin Paypers for example to the regular Btc but in the end of the day traders at our network will decide the price of the Paypers. BTW we will issue more assets such as ETH, Litcoin and another interesting crypto, and in the future, we will issue FIAT currencies and the in the long run Private companies will be able to list in the network. the entry price is important because we want that everyone will get a chance to enjoy this market. the ability to buy "Bear Paypers" is an amazing feature also for hedging. and don't forget the fee sharing that traders will get just from holding the Paypers. our project dev wise is according to the plan, we have the core of the code, and we are working on the adjustments to this new model. we hope we answered all your questions, if you have more or if we missed something please do not hesitate Thank you for your time. |