Bitcoin Forum

Disclaimer: I am posting this on behalf of the eBit team. I am in no way a member of the team but will provide regular updates to this thread. Please direct all questions to the eBit team or user eBitICO https://bitcointalk.org/index.php?action=profile;u=1330707 (https://bitcointalk.org/index.php?action=profile;u=1330707)

is there any bounty for this project?

Sure thing, just finished posting the thread: https://bitcointalk.org/index.php?topic=2440198.0 (https://bitcointalk.org/index.php?topic=2440198.0)

Is there minimum limit to join this Token sale, looking the roadmap this ICO is promissing

No, there isn't a soft cap. We aim at 21,6 mln $ because it covers all of expenses to launch the App on the big scale. If however we won't gather all 21,6 mln $ during the token sale, we will achive our App goals, only slower.

Information about the benefits for VIP investors and minimal investments is available at ; https://ebit-payment-ico.com/whitepaper.pdf

Is there no mention of your team members, or advisors on website and whitepaper?

Hey,

That's all good, but where I can see the people who are behind the project as I did not find the team on the website or whitepaper. Tnx

We are sorry about that but the investors are a touchy subject, we would gladly disclose the names and all the data but we simply can't do that at the moment, we are negotiating more contracts as we speak and one of the demands of those deals is that we do not disclose any of our or their data. As soon as negotiations are done we will make sure to introduce ourselves properly. Meantime tho, one of our support team members made a photo after a day full of work and uploaded in on our FB page!

Hope Can Be an Amazing Project

But your website doesn't work :(

Thank you for your infos :) we are glad you gave us an advice.
Website works properly.

Updated graphics on the thread to reflect ICO opening.

Hi! Which are your goals and the amount actually raised? Thank you!  :)

Raising the topic

Just fyi on roadmap,

"IV Q 2019
- eBit Payment Bussines"


"Bussines"

Hi, Is it the only eBit announcement thread?

As i undersand now price of 1 eBit token is $0,06 and you expect that in January price will jump up to $0.96 ? How you want to do that?

There is no information about the ICO progress on your website.. How many tokens have been sold until today?

Joined Signature Campaign please accept thanks

The price of ebit is indeed 0.06 $, but! considering the fact that we were asked by multiple people to extend the sale - as we did - because there were issues with the difficulty of buying ebits. We assume that will be the price when it reaches the markets at that price if we sell all the tokens. Since the sale got extended - the roadmap changed a bit and the tokens won't be out on market in January - but next month on February. We are waiting for the thread manager to update that info.

Let's say - you created an application. Through which bank accounts in the CIS i can transfer Fiat into the application, and then buy tokens? Is there a list of partner banks, or will it be available only through PAYPAL? For example, in Ukraine there is no PAYPAL and most likely it will not be in the near future.

Regards.

You definitely need updates, because it all looks unprofessional. At what stage does the sale of tokens look like, or will be there live information about that on the website?

hello, would you tell me who is your main competitor in this field and what are your advantages compare to them? thank you

Soon will be update . It's public information that you can see the contract https://ethplorer.io/address/0x3b4e1320c4a8275f9a660e263ea3df3bd6a1139b

Our biggest competitor are any basic exchanges and our advantages are  1. low fee compared to normal currency exchanges ( at max 0.99% compared to a basic fee with is around 12% ) 2. You will be able to make currency exchanges at any place in the world at any given time with just a phone app so you won't need to go to currency exchange while its working hours. 3. We will also exchange cryptocurrencies while no other money exchange offers that.

A good idea. But I do not think that the government will give full authority to this matter. I understand that you have a deal with a cryptocurrency, a decentralized system and all that, but the state currency is also involved in this. sooner or later - unless of course the project will reach a large turnover and popularity, project can not avoid from big taxes. how will you fight with it?

Have you already find and hire expirienced SMM, promotion managers? You have great advanteges, but without needed promotion it's hard to achieve something. I've seen a lot of revolution ideas, but most of projects founders didn't reach anything because of bad promotion or unskilled employees :(

In marketing we trust!

We more or less allredy dealt with  it - we started to bargain deals with banks and using buffer money there will be no problem with taxes, we do not want to go into details in this, becouse we dont want someone else to go over this and use it for themselves, but we went thru all the possibilitys and figured out a solution, still, the whole point of ebit is that it will gain a big community, the more people involved the easier it will be for us to maintain it and keep it stable.

ETH and BTC is too volatile now. It isn't enough smart to fix price in digital assets. Bitcoin lose $ 8k in Christmas falling, meanwhile Ethereum drops below $ 600 and now update new all-time record price. Anyway, investors that bought eBit coin for $ 0,06 will earn a lot of money. After listing the price will up eight to $ 0,96.

I did not know that such contracts with banks exist. Competition in this area is not small, so you have to go not a small way. As for me the idea is good and worths more attention, at the moment I do not see investors in large quantities. I hope that everything will be the same as you said, I wish you success in your further development!

I would suggest you to connect to http://icoscanner.io/ owner and give the details about your ICO, because due to some features in the work of the website (it does not take into account stages of ICO) your ICO mentioned as finished. Do not know how much members use this site but it is one of my personal favorites about stats.

For a long time there is a shortage of such applications. Now many people use a lot of different exchange systems, and it's not always convenient and safe. There is always a chance to get on the swindler.
eBit Payment solves many of these problems. And if the team of developers really manage to launch this project, it will make life easier for all of us.

The sale of tokens end on January 26 . The results of the sale will be visible on the website or https://ethplorer.io/address/0x3b4e1320c4a8275f9a660e263ea3df3bd6a1139b . The exchanges will be after 10th February.

I hope so! But I will correct you one thing, the project should not put the investment at the forefront. Firstly the idea should be realized and then the multiplying of the investment itself will go. I know a lot of projects that began with nothing (in terms of investment), but they had to go a long way. so here it is also real to do it all and put it into reality.

Thanks for asking. Now we're getting prepare to outsourcing KYC procedures and all the investors will be able to get ebits thru few most-popular cryptocurrencies markets.

If I understood correctly: the final goal of this ICO is to offer some ebit payment application (personal online currency exchanger) that will enable its’ clients to creat multi-currency wallet and then (very quickly and paying minimum transaction fees):
- to convert any fiat money into any cryptocurrency and vice versa,
- to make transferring between cryptocurrencies
and even to provide different online payments!
All this sounds very tasty! Is this app will be only for mobile phones?

Even not all wallets are save enough to storing money, what we can say about exchanges? I hope that eBit will solve all problems that industry has got, or, at least, most of them. In Q2 we will see working personal exchange, I can't wait.

P.S: Do you know, how to keep money in safety if you have Android OS?

I see that project is interesting. Despite the fact that it is difficult to predict always, but I want to believe that project while be great prospect.
The subject of transferring a cryptocurrency into fiat will be always in demand, because transactions in banks really do difficulties. Capitally!

I hope so too that this will happen and the company will really achieve its goals.
Because such disadvantages as:
- exchange rate (Many where the exchange rate is significantly lower than the standard rates that offer exchange points.
-Exchange time (Sometimes it takes a lot of time to exchange)
- Insufficient number of currencies
But I hope for a small system of discounts

Yeah!The question of good protection of all this system is really topical nowadays! There are a lot of hackers today, nevertheless no one wants to be exposed to the risk of being hacked! Safety of the purse and the reliability of all transactions that is what everyone interested in! Maybe one of the main demands to the future eBit payment app is the guarantee of the nice protection mechanism! It's really hard job to provide it for Android OS!

I'm also interested in this.
If there really is a set of alpha testing commands for the application, then I would like to participate in this, for me it's very interesting. And if you pay for it in the project tokens, then this is a very good job.
I hope that in the near future we will see news on this issue.

Question about credit cards. How profitable credit card for the eBit Payment user  or for eBit Payment itself?
After all, the course of cryptocurrencies is constantly changing andm very fast. We watched the whole last year, as the course of bitcoins grew.

Such conditions are not beneficial for users. Or I don’t understand something?

How the real-time exchange system will be realized? For example, I've got Mastercard card with foreign currency. When I spend money, I can see how much money I withdraw from the bank account. But the next day, I get/give the difference in courses (less than $ 0,1). How will your system work? Or you will use any exchange platform to make real-time transaction?

Hi!

Why is EBIT listed in EtherDelta for 5c, but your ICO is 6c? Please enlighten: https://coinmarketcap.com/currencies/ebit/

Also the token EBIT already exists it seems - the one listed in above link. The corresponding website is https://www.ebit.trade/ - which also has airdrop announcement here on bitcointalk. Could you please state the difference? How is it not a conflict, as you also say the coin symbol is 'ebit'?

Does not eBit Payment have its own blockchain? You showed the token ERC20. Recently, a similar pattern is observed every day. Many people want to profit from someone else's fame and make a token with a similar name based on Etherium. There's nothing complicated in this, so now it's so common with airdrop. Exceptionally speculative token, which absolutely has no value.

Nope - based on https://ebit-payment-ico.com/buy/buy-ebit page, it asks for MEW address and sends purchased coins there. I don't understand this at all - how can two company have same token - one of them is a scammer for sure, and given that https://coinmarketcap.com/currencies/ebit/ is up and running already, all fingers point to the current one.

Also I see that this is a self moderated topic, so not sure whether my post will stay for long, unless there is a different explanation for this.

No secret that the price for cryptocoins volatile (depends on call for the coin). Coinmarketcap is sensitive to any changes in capitalization, so price can vary. Now it also shows 6c for the eBit. Think, this is a normal process. However, there are difference in logotypes of the token on coinmarketcap and token in eBit ICO. Are you sure these are the same tokens? Can there exist two tokens with one name?

So, where to store liquidity? Will company use fiat money or digital assets? The more answers you get, the more questions are appeared. I understand that system must take all risks on itself, but we live in real life and, in the end, all problems are falling on us.

My card provider does moneyback or withdraws money from the account. What will do eBit?

Hello . It is not our token . We are still not on coinmarketcap . Nothing to do with this .

When you go to the link https://ebit-payment-ico.com/buy/buy-ebit . See the contract address is 0x3B4e1320C4A8275F9a660e263ea3Df3bd6a1139b

Then how are you abbreviating your token as 'ebit'? There will be a conflict!

I have just bought 1.62 ETH worth of ebit tokens, and was expecting 30050.66666666667 tokens at $0.06 (as calculated by https://ebit-payment-ico.com/buy/buy-ebit), but it sent me only 2970 ebits - could you please look into this?

https://etherscan.io/address/0x5ED248c1Cce1DdA40B6AC32C968E1d32d54914a7

Also sent a PM.

Hello . Please check PM

Developers promise that alpha tester phase will be able to the public in the first quarter of 2018 year. So it's a little time to wait for it even if to consider that it's already the 10th of January. Some testimonials of alpha tester are already availiable in the eBit Web site: https://ebit-payment-ico.com/about/. Hope soon all the desirous will have an opportunity to participate in testing.

This is good news from you, thank you! If the announcement about the set of alpha-testing team is really announced this month, it's very cool. It is likely that the list of participants will be limited to a certain number.
Do you know any report about this? Will need any specific professional skills to participate?

I still did not get my balance amount ... you should correct the mistake ASAP, or is his a SCAM? Either send me ebit tokens or refund ETH.

If founders aren't greedy, everything will be okay. As I understand, exchange platforms always face with liquidity problems (BTC price is growing, they must have money to all payment). But if platform will work and grow own community, there won't be problems with finding new investors and cash. All depends on work quality and the team wishes.

People always worry about security. Now there are many fraudulent combinations, who steal crypto currency. The exchange of crypto currency is always very relevant, but at the same time there remains unchangedthe question of trusting eBit Payment. Trust is not created in a one day.

I wish good luck for eBit Payment of the trust of customer!

you will receive the correct amount of ebits as soon as the smart contract process it, the correct amount was send out yesterday and it should reach you any moment now, please be patient.

Hello!
Tell me,is it possible to buy crypto currency by paypal, webmoney, Qiwi, bank card, etc.? Or just by euro, dollar and other state currencies? If I correctly understand, the total number of tokens is 120 million, is it rigth? Can tokens be purchased only for crypto currency or there are another variants?

Well, to say the truth, I become interested in this project only several days ago. There are a lot of general information about it here, on their Web site and in the ICO page. Everything sounds very nice. I have no idea how does this app works but I’d love to be among the people who will have an opportunity to test it. Hope this app will be well protected and easy in use. Think the creator of this page knows a sight more than I. You can ask him.

NOTHING reached me! In fact now the ebit coins are not even showing up in my wallet through etherscan!!! Please - either fix this or refund my ETH.

Traditional banking has long needed changes. Needs to introduction of new ideas and technologies. The financial world system needs an upgrade. And cryptocurrency gives this upgrade. Cryptocurrencies come into use and need constant exchange for different currencies. The direction chosen by eBit Payment realy have promising future.

As somebody told "we need banking services, not banks"! I don't believe in banks, because they caused all financial crisis that we have. Rich people only become richer, and people only suffer from financial institutions!
I believe that blockchain services and exchange platform will improve economic system. Projects and teams must do a lot of work, but blockchain future is near.

Here is the hash that says the contract returned me 2970 tokens, whereas, I should get 30050 tokens. The original poster of this thread does not respond, and the moderator ebitICO keeps on assuring they will send the rest, but nothing so far.

https://etherscan.io/tx/0xda526af47426b45ddf38371e656620123e2bdc737bc8490b4ff11e7d1b592c3d

Anyone else faced this issue? What is going on here??

We are currently experiencing an etherium server overload, so the transactions take much more time to process than they should, please be patient. We are making everything we can to bypass this issue. There may be problems with the amount that will reach you as well - if that will be the case we shall send a recompensation in the amount of 10% of your purchase as soon as the ETH server will start to work properly.

As you can see on the screenshot below we did send you your ebits as soon as the issue was mentioned but the transaction is pending. tech team is working on the issue and is trying to overcome it right now. We hope this will ensure you that we are doing our best.
https://i.imgur.com/qayzhjU.jpg

The same issue may happen to other users as of now. Till previous transaction wont be complited. We are sorry in advance hopefully this will be solved anytime now.

The issue was solved, all affected users will receive the missing ebits with additional 10% to compensate for the inconvenience !   ;)

Thank you so much for resolving this. I was worried. I can confirm the transaction now.

Cryptokitties are still very popular. When they overloaded the ETH network (month ago or smth), they were transmitted on the individual blockchain, so now cryptokitties don’t create any jams. Two days ago my friend sent me ETH and transaction extended over 12 hours. But in my case it happened because he gave very small price of gas. Finally, I got my coins.


You solved the problem rather quickly! It shows that the tech team is working hard on the project. Pleased with this.

This is a good compensation for the inconvenience. The eBit project has a very responsive manager with quick feedback. Not every team can boast of this. In many projects it is sometimes problematic to solve a particular issue. To solve problems by email or chat support on the site takes several weeks.

Banks are very slow and clumsy. In addition, banks are controlled by the States, so they can not respond quickly to changes of the economy. Payment system on the blockchain are much more effectively.

Yeah, banks understand that blockchain is the beginning of the collapse of the banking system. Full reorganization of the financial system. The financial system is unchanged for so many years and even centuries. It  holds full control over people's finances. The banks don't want changes. And they try to resist in every possible way. But we believe in a light future.

My transaction yesterday was transferred only after 4 hours... As I know, Ethereum published Q4 report, where were described new records in network. So that information became the main reason of ETH price pumping and network retard.
Meanwhile, this situation shows all ETH problems. And if devs won't solve them, users and ICO projects will use another platforms...

We have a referral program . After you log in , bottom right is the inscription "Your referal link:"

https://imgur.com/git2wcu https://imgur.com/git2wcu

In your roadmap is written that you will create wallet with more than 40 fiat currencies. Is it true? Don't you need to sign in agreement with each government to realize such idea? I know that the more currencies and digital assets wallet supports, the more problems project has. It's hard enough to realize all purposes and don't make mistakes in code.

So,  what do you think about your competitors? Are you in conditions to overtake them?
It seems to me, that your service is necessary not only for crypto fans, but also for ordinary people,  how don't want to get involved in crypto so deep,  but desire to invest a bit

I like the projects that offer quick payment methods. With the development of online payments and money transfers throughout the world is very important.

No risk, no gain.  ;D ... Did I make a mistake? Only time will tell.

Banks are very depend on the positions of the state. And unfortunately, there are some difficulties in this. In many countries, the cryptocurrency is not legalized and they can not yet determine their position on the cryptocurrency. Some countries have banned cryptocurrencies and all transactions with them.

Standart technology of blockchain implicates the work of miners. They find blocks, check and justify transactions, calculate blocks etc. They also get benefit for all these work. The developers of the eBit payment app promise low fees for quick transactions. Now, low price of fee (gas in ETH) means long transaction because it is not so profitable for miners. Still wonder how quick transaction may have low fee.

With the cryptocurrency exchanges now there are a lot of problems. The wallet that will change the cryptocurrency to 40 Fiat money is a great solution of many problems

I'm not sure weather anyone needs permissions or contracts with the governments to accomplish exchanges of the currencies but to provide such platform is not an easy job at all. Moreover, today most of the countries have no laws that regulate cryptos. Governments are eager to forbid them because believe: cryptocurrencies disrupt the economy of the their countries. That's why the program like this may face some problems!

Tell me please, what is the minimum amount you need to successfully implement the project?

What means are secure exchange of crypto currency? What actions will be taken when problems arise?

hi dev please still transparent, how much amount already raise untill now? whether soft cap already reach? because i am not see on your website
if your change interface on website with added progress about crowdsale it's more better, so investor easy to check it :)

Localbitcoins block only crypto-currency coins until the participants confirm the transaction. Fiat transactions localkomboins does not control. In case of disputes, the issue is decided by the site administration. How does this service resolve contentious issues?

nice project, go go go

You aren't right. For example, I've got a blog with 350-400 daily users. I can use my resource to advertise project and earn money according to referral system. Why should I investing to participate in it? Or you will buy ads only on sites which uses your product or your customers?
I think that you will understand that I was trying to say.

What do you mean saying:"the system will be similar in this respect to the service local bitcoins"? If you are right and the funds will go to a centralized purse then this system won't be decentralized at all. Don't understand how the using of centralized purse can provide the security of transactions?!

We can achieve decentralization of the system using smart contracts, but this gives other problems. An ideal decentralized system does not exist.

Coins from last year have being pumoingnlately and I think it time for ebit to join the party

The ideal system is a system free from the influence of people. I totally agree! In any system there are failures, and independent AI this problem can not solve yet. Maybe 10 years, but not now. Therefore, in certain situations we have to use centralized management ;D

Oh, but there's nothing ideal in this world! Definitely, some problems and "holes" will occure on practice. Every system is influenced by people because it is created for people and is used by people! As well with decentralization. For example, bitcoin is seemed to be decentralized coin but when we are digging deeper we find out that there are owners of huge amount of Btc and others, who have hundreds of miners, - and both of them can freely influence on its rate. The eBit app must have ingenious programmers that take in account all pros and cons of centralized and decentralized systems (if they are using the best of both of them).

In your 1st post stated, that you will achieve 0.96 $ price per token after 5th of January.  So,  it is 14 of January  already,  BTW have you achieved this target?  Your goals looks perspective,  but what about execution of your plans? I will keep in touch with your ICO,  so looking forward for your answers

You will use 30% of collected funds on platform development. Isn't it too much? Developers salaries and hardware don't worth so much, don't it? Won't it better to spend this money on ads?
Also, it members of your team had been working for Liberty GLOBAL and Bank of Austria, will they use profeccional network for attracting customers.

I think that the decentralized system is fantastic :) If the platform is gaining popularity, then it immediately becomes centralized. For example, ETH.

Bitcoin is the first crypto currency, and it will always be in the top, regardless of the situation. ETH is one of the first crypto currencies that supports smart contracts. These are the kings of the market that have functional and usability. If the ETC reaches the level of the ETH, it will also become centralized ;D

It is necessary to get some new information about the evolvement of this project. I visited only their Facebook and Twitter pages (still don’t have Telegram). There are a lot of information about the App (similar to the one on their site), some positive comments about the company and agitation to buy eBit tokens. Maybe there is new info and interesting discussion at Telegram: https://t.me/eBit24. Does anyone visit it?

Artificial intelligence is not perfect. He solves primitive or highly specialized problems. The product is not yet ready, and those who write in the announcements of ICO about artificial intelligence are usually used as advertising

It seems to me that this should be for ordinary people. That the user without special knowledge and skills can exchange the cryptocurrency at Fiat. Cryptocurrency, despite its popularity, is only gaining momentum. And many new users d'nt want explore the details of the blockchain and stuff. They need a platform for easy exchange.

You are fully right! People really don't want to use specialized platforms or difficult sites. The best thing is to give users choose possibility — somebody will use fiat currencies, another — digital assets. Also commissions for deposit/withdraw shouldn't be too high, so users will definitely use eBit.
So many details must be taken in count.... 

A simple exchanger is an old technology. Read the white paper of Telegram open network.Developers make personal networks with exchange, payment, communication, shopping, data storage services and many other options. In a few years, this market will change very much ;D

Durov and his brother are some of the best programmers in the world. The social network VK much better than facebook. And he has adequate plans for the development of the Crypto-currency.

Only recently was the news that as early as mid-spring 2018 Telegram is going to start an ICO – Telegram Open Network (TON) - with their own coin Gram and interesting wallet that will give an opportunity to keep both: their cryptocurrency (Gram) and fiat money. Telling, Telegram users will have an opportunity to make some transactions for free and a lot of other possibilities. Telegram is a well-deserved competitor.

very nicely all decorated, cool site and your idea.
judging by your road map,
already have a working app? where it can be seen?

Today I faced with problem to deposit Fiat, all exchange rates are tremendous! I used yobit, as in Russia it 's quite popular,  so beside 3-5% deposit comission and 6% withdrawal comission,  their exchange rate for  ETH is +20% to coinmarket cap! So, how is possible to earn on crypto market, if exchange rates are too hight?  I expect, that exit payment will be able to solve this problem.

By the way,  guys,  what about your future fees on platform?  I tried to enter Web site, but in mobile version it is tricky to close your promo movie. Which types of deposite are available? Is it expected to deposit via my debit card in roubles? Also I wonder about your total amount of ICO collections for now.

I don't agree with you. Developers salariescosts  is important. After all, it should be a whole staff of developers who must maintain the system in working order 24/7. And besides the developers there are a lot of other co-workers. Don't worth saving on salariescosts.This is quality of service and credibility of the platform respectively.

The best way to become popular and needed platform — create amazing product that people will like. Also, many platforms have the same problems: high transaction fees, low quality support, problems with usability and many others. You can't solve all of them, but the main problems must be taken in count.
eBit is looking perspective, but we must wait for first results.

The issue of content licensing is very complex. Now these issues are very quickly resolved on the Internet, before opportunities were less. It is impossible to create an ideal product at once. Vitalik Buterin was accused several times of plagiarism.

ETH is again in a jam. Today chaos happened on coinmarketcap: currencies went down rapidly. The entire list was red for the hole day. Some whales get involved into this crypto"game" today and sold a lot of coins, even a huge amount. This fall cost a fortune. Everything is green now again. It's good.
 How all this processes influence on the price for the eBit token or they don’t influence at all?

A lot of work to be done. It's global. Banks today see in blockchain the enemy of their and their main competitor. Although it is quite possible for banks to switch over to the system of blockchain. It's just not profitable for them, because they lose their commission, their profits. Financial institutions keep ordinary people as dupe. And of course they do not want lose their power.

 :D We are glad to announce that we have reached the soft cap!  ;) We gathered the bare minimum to start the project! Thank you all for your support! BTC

Congratulate you, guys,  such a good news,  due to this fact you will attract much more investors, for sure!
What are total collections? Have you lost in amount of $ according to a decrease of crypto market?
No doubt you will collect hard cap! Now just forget about it and focus on a product

You aren't right. He has created the platform were users can share legal and illegal content with each other. It isn't the worst thing that happened in the world. Also, Durov always delete illegal and copyright content if somebody requests this! You can't moderate millions Gb of users content, no matter how much money and resource you have. Even Facebook and WhatsApp has groups and pages with illegal content! 

Crypto currency can now fall in price by 20-30%, and tomorrow it will grow by 50%. And you are talking about high commissions.  ;D

I'm sorry if its late with a response but let me try to respond to the questions last few pages! we were busy last few days and so we couldn't focus as much on the forum ( we try to be as much as possible online on the telegram, even long after or before our working hours)

We reached the soft cap, but if you follow the topic you know that, you can follow at least some of the funds gathered at ethplorer but you need to keep in mind that we already proceed to the creation of the app with the money we gathered, since it takes most of the time ;) if it comes to bounty, one of our tech team people that is our favorite rookie here in ebit has found a way to make the payouts fast semi-automatic and CHEAP. so we don't need to worry. not gonna share the idea on his behalf tho. We all are proud none the less :D We hope you will stay around and help eBit Payment grow as you all did till now!

Yes, and also for people that travel a lot and for people that buy things from other countries, thanks to ebit you will be able to avoid most exchange fees.

We hope the best to all of our competition, its a race, and we hope we will complete it way faster than all other ICO's, we wish to gather more funds tho, since soft cap is bare minimum more funds would allow us to speed it all up and would allow us to hire more workforce to aid us.! 

in far future, we hope it will be more cryptos and more fiat currencies but it all depends on their stability. after all, we need to make sure that someone won't create a crypto just for the sole purpose of draining ebit. Also, there are fiat currencies that have absolutely no value so we need to keep our eyes open.

That all depends on the problem itself. We definitly try to lisen to the users, whenever it comes to expanding the token sales, or the issue from a few days back, we also looked into the issue of the price of sending out bounty, more tutorials or new website outline we are secretly preperiing for the users ease of use ( be tuned it should happen in a few days ;) ) We also have fresh minds both in tech team and support, that deal with the problems, we always try to inform the users of the issue and deal with it in the most satysfactionary way.

There are always issues. We cant avoid that - it happens. But as we - I hope - proven we can be counted on to deal with the issue asap. Ofc more funds would help with that as in workforce is something we still need. 

We were asked by the users to extend the sale that is why ebit is not on market yet thats for one, when it comes to price - yes that is the assumed value IF all the tokens/ most of the tokens get sold with is not the case we didnt reach the 40 mil tokens yet so the token price is still at 0.06$ noon the less we reached the soft cap so we will proceed with the project anyway even if the tokens dont sale, we will most probably do an after sale to use up all the tokens that are left.

we are planning to do a referral system but I can't assure you it will happen, we also added a few bonuses to the certain amounts of its bought.

1st Q of 2018 is not done yet so you need to be patient just a bit longer ;)

That is true, mate,  nevertheless nobody wants to through out the money, and when we are talking about hight commissions, you lose a piece of your money once you've deposited. So why am I wrong?
Hope eBit team will cope with such problem, especially after reaching the soft cap.

We are doing all we can ! Thank you for your support !

eBit token is at 0.06$ and will be till we reach a certain amount of tokens sold so no influence from the market whatsoever.

its the bare minimum so we already took money and started to proceed with the ebit Payment app. We hope we will reach the hard cap tho we do need the workforce to make everything faster.

We collected over 1 million $, you can follow some of the investments on ethplorer but remember it is not connected to the payment done in BTC, and also we already transferred money to the works on the project.

Phew. I hope I answered most of the important questions, We are incredibly happy to see how the topic is going. We as well hope that the project will be a full launched success, as normal people we travel a lot, we invest in crypto, so it would be very good for us as well. We hope this dream will develop and will become a part of our everyday life. Thank you again for all the support, we hope that you will keep on supporting us still in the near future ;)

Crypto currency is a few thousand and every day there are new ones. If on the basic coins the volatility falls, then it will increase on the new coins.

another ebit i am found on https://coinmarketcap.com/currencies/ebit/#markets this is will make people confused because have same ticker but different logo
before create name the dev have to do survey first about token name, so it will not be like this

Any assets (gold, diamonds, cryptocurrencies) should be in-demand only than they are liquid. If you can quickly exchange your asset into cash (without waiting for hours), it’s really an effective liquid exchange. None wants to wait for hours or even days. Now, in crypto an effective liquid exchange is provided, for example, by price of gas in ETH (more gas – quicker transaction). Think, you know how expensive they are! What will happen when exchanges will become very cheap and quick? It's hard to predict. Maybe crypto will become even more liquid.


This is very good news! I sincerely congratulate you.

Indeed, that's another ebit token. Is there any information about when will Ebit payment token be listed in CMC? Because Ebit Payment has a nice achievement in ICO, which has reached the soft cap.

Exchange of cryptocurrency is possible, but each exchanger supports a limited of varieties of Fiats. Plus, each exchanger causes a lot of security problem. And of course, it's promisingly to have platform, that you trust. The exchanger with a wide variety of Fiats for exchange is promising.

Your plans sound good, but isn't it fairy tale? Maybe it would be better to concentrate on 1-2 products and then develop new? You promise users all kinds of payments, but how to realize such complex system?
I'll be glad to use eBit during travel abroad, but how and when you will create your product? Rent cars, withdraw fiat money, payments for cryptomarket — all these sounds too ideal to be truth.

Obviously, the time of gold-fever had gone into far 19’s century, when gold was the main liquid asset, eminently in America. Now, fiat currencies totally replace gold. They’re the most liquid.
Crypto currencies become popular only several years ago. But they are not wildly used in average peoples’ life. EBit payment can definitely solve some problems with their liquidity.

The crypto-currency world is just beginning to form. On what legislative system will the platform work?

I don't agree with you. Project can be successful on niche market, for example - payments for rental cars/apartments, etc. Not every company has investors and enthusiasts like Amazon has. The more markets and countries the project want to seize, the more money and new investors must appear!
But also eBit should start from one-two working product, launch them and keep improving services and developing other at the same time.

For example, Pavet Durov works in the United Arab Emirates, because there is a good tax system. Other services were registered in Singapore or Switzerland. American legislation is very complex

Okay, okay, you persuaded me. I know all these "the bigger target, the harder to miss" or "the bigger purposes, the faster success". But ICO and crypto world is full of new project with similar ideas and platforms. eBit team must really hard work to reach domination on market and be the top in google search!

The American law has a double standard. What is allowed to do one businessmen and companies, it is not allowed to do others ;D

Nevertheless fiat currencies are in everyday usage . You need them everywhere. If you will have only cryptocurrencies and no opportunity to exchange them on fiat - it will be rather hard to survive even for a day. Cryptocurrencies are so volatile that it's hard to imagine how to buy something for them. Furthermore most of people (who buy cryptos) do this because of their volatility. They want to earn but not to spend.

I thought like you too, before I found projects that are going to create crypto banks and cards. If they will success, crypto industry will rapidly change and in better way. Each payment and card service has chance to be popular and irreplaceable. Also, the earlier project will launch working products the more audience it will get. So eBit must hurry up and get it's own market stake.

Sale of tokens will soon be over. Where can I see statistics on the sale of tokens?

Of course, this is inappropriate to create a multi-currency purse for 40 currencies. This is no used even in the banking system. These are really unrealistic computing resources. Most likely, will be used the internal converting currency into Fiats necessary for users. This is convenient for users.

Is there really such a problem with the exchange of crypto currency for fiat?

Are you kidding? Where did you found projects that are going to create crypto banks? I hope they are scam! The best thing about cryptocurrencies is that they are free from all that bank corruption! One thing is the program that will help to exchange fiat to crypto and vise versa, make some other transactions (that's what we really need), another - total banking system that controls everything (have done fiat for that)!

Have you heard about Crypterium?it is obviously not a scam.   Recently they achieved hard cap with 50+ mln$,  so they aimed to create crypto bank which is going to be '' cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities"- so in order to implement crypto payment in our day-to-day routine we need such intermediary and that is not a bank in ordinary scenario

In Russia, there are no laws that regulate the exchange of Crypto-currency. Therefore, until now, the purchase and sale of crypto currency is no different from the sale of potatoes ;D

Any transaction for buying or selling is in the legal field. But in most countries there are no laws that regulate the exchange of crypto currencies. No one pays taxes yet.
And what will happen in the future, the question is very interesting.

To say the truth, I had never heard about Crypterium before. And I'm not an expert in all that. Just think a bit! Banking system means total centralization. Bank can't be decentralized by it's essence. Don’t understand what decentralized economy they are talking about. How can they provide independent economy? A short while ago scanned though Crypteriums’ ICO. It has similar goals with eBit project (one more well-deserved competitor). Maybe they will also provide some kind of mobile app and that’s it.

The question is interesting. Because there is no coherence between the countries. No consensus. Some countries disable bitcoin, and some countries see this as a prospect, but don't want to lose their power. The government preparing project of law at crypto-currencies, settlement of question at legalization. But while now nothing is accepted.

I believe that this issue will be solved very long. This is a huge advantage for our community.

I agree with you. Legalization of crypto is definitely a long and hard process that can last for many years. Governments make-believe they afraid crypto and assure that it may destroy economy of the country but, nevertheless, they doesn’t forbid cryptocurrencies. Maybe some of them also actively invest in crypto.

Now, a lot of companies are developing decentralized services. While this all delivers more problems, but with the development of blockchain technology and increasing the speed of transactions, reduction of commissions the situation will change. The TON project promises up to 1,000,000 operations per second.

Well! Sure, you are working hard now, but can you give us some more information. On the ebit-payment-ico.com is signed that tomorrow (26/01/2018) is the end of token sale. So, will you stop selling tokens tomorrow or will continue it? Can you now say more exactly how soon the alpha tester of the mobile eBit App will come out?

This is still selling at 6 cents on ICO page, whereas, it was supposed to be updated to 48 cents by now! FAIL! What a scam! Got fooled and bought into some token early enough, but looks like this is going nowhere. This did not even finish the first 40m token - forget about the rest 80m!

We will make an official information after the token sale ends- also as we mentioned it a few times on telegram, we plan on an aftersale, all the information on the important subjects will be given out tomorrow/next week so please look forward to it as much as we do.

Scam - a dishonest scheme; a fraud.
Please, sir, don't call us a scam - it would mean we intended to fraud all users from the beginning - while that is not true.  The price was supposed to rise depending on the number of tokes sold, it would be a scam if we would go and decide to randomly change the price even if it did not sell considered amount just to drag users down and get money. We reply to questions, we talk with users, we try to go along with the wishes of users. We did not reach the hard cap BUT we reached the soft cap and that did not discourage us, we stand by our word and will do all we can to make this project a success.

In the morning, looked in the wallet and was very surprised. With airdrop there are 300 coins. Coin jumped at 106.11% it seems that the price is so raised by the participants of the bounty campaign

Bounty, the company has already ended (The campaign ends on January 26th, 2018). You can remove the signature?

If ICO already end on January 26th, 2018. Why there's no update here nor on your website? As I see that thing is very necessary. Is it your team too busy to announce it here?

Hello. Yes, you can remove

Today we conclude our Token sale, we would like to thank all the users that contributed thus far to the growth of eBit Payment ICO!
Thruout the token sale, we managed to reach the soft cap with will let us continue with the project. We are really grateful for this chance! We will provide a more detailed plan of our actions on Tuesday. Stay tuned!

Congratulations on achieving the softcap!

Do you already have a specific time or date when tokens will be listed on exchange and to which exchange will get in?

🔥💥The sale is over and we are sure many of you people have many different questions. We always try to answer them all to your satisfaction.‼️

👉We managed to reach the soft cap which gave us the opportunity to create the app. We would like to proudly announce that first part of the App is ready much faster than we anticipated and our Team members and main Investors are testing it while we speak! All of that is thanks to the founds we managed to gather thru out the first token sale. Our community will have the opportunity to test it out soon as well. 📳

⚙️ For now, the exchange works between ETH and ebit - but as promised we want to develop that into more currencies and cryptocurrencies, for that reason, we will open a new sale of ebits as we launch the app at the starting price of 0.12$ per token. The 2nd sale will help us develop the eBit Payment App further. 👍

🛡️ Since safety and well being of our users is our priority we decided to focus on security, as we want it to be top notch.
For that reason testing and securing the application will take us around 1 month - after that, we will flood you with many new things within eBit Payment with the app at the lead, so stay tuned and see you all soon!

Thank you for your details, How can I be 100% sure about the security of your platform?

Are you planning to start another bounty campaign when you launch new sale of your token? And what about releasing bounty rewards of campaign that already ended?

Hello Dev,

Congratulations for reaching soft-cap and readiness of first part of the App. However to wait 1 month is lot of time, I suggest you will be busy for 2nd sale and further step but it will be better if spreadsheet can be updated to be the reference once eBit team has finished 2nd sale and creating further step of the App. That most updated spreadsheet shall be reference for every parties involved.

Thank you, and confirm I change my signature. waiting for payment.

Hello good morning, because the page has not been updated? the price of ebit is still 0.06 $

Hello, I'm sorry, but I can't find this information anywhere - when can we expect distribution of the bounty rewards?

The program will run until the end of the Token Sale. The bounties will be paid within 30 days after the end of the Token Sale.

Hello good morning, because the page has not been updated? the price of ebit is still 0.06 $?? I thought you said the first phase completed, but I see that the first phase has not yet been completed so I do not think it is possible for February 10 to launch the currency in exchange at 0.96 $

Congratulations on reaching the soft cap! This is already great news. Software development always takes a some time. Of course, it seems to us that this time is long, since we already want to start using it. But we will treat with understanding. These are our common aspirations. We want everything to be at the highest level.

Thank you for clarify that. So if Token Sale ended at 26th on January, bounty rewards should be distributed up to 25th of Feruary, am i right?

You are absolutely right!!! We all look forward to this moment .... there are a lot of tables in the tables and in the truth of people - so nothing can be left alone to wait)))

Good luck everyone!)

One of the most interesting ICO projects of 2018 is a very strong team and an interesting project. Congrats for your hard cap.

I am not sure if I understand correctly .. Does it mean that the dev team plans to do one more ICO/one more ICO phase/after sale, and thats why eBit still can't be traded, or is already listed on some exchange?

Any exchanes that can trade ebitcoin?!
if any pls get links here
tnx

It's already can be traded, but unfortunately this time Ebitcoin only can be traded on Etherdelta. It would be good if Ebitcoin listed on Idex due etherdelta had some issues with their API. Whatever, we need the dev to do it as soon as possible.

It is not always possible to find eBit Payment token on Etherdelta. It often happens that you can not see it, they have some problems. I will leave a link here, it may be useful for you:

https://etherdelta.com/#0x3b4e1320c4a8275f9a660e263ea3df3bd6a1139b-ETH

Yes we do plan on making another phase- hopefully, last one, for one to raise the coin value and for second reason with is to gain more funds, we already test the app and its first version will be released within days, for now only allowing eth -> ebit conversion ( in Roadmap by now there was suppose to be only a wallet but we would like to show that we are capable of doing this project ). We need a little bit more workforce and we would like to speed up the production process as well. after that, the coin will reach the markets.

We most certainly will start another bounty and the one that ended is practically paid out - we are just contacting the people that have issues with their data to correct them and we will be done with the payment for the first bounty :)

the price of 0.96$ is the price of coin only if we manage to reach the hard cap that is why we are doing the 2nd stage of sale so the coin price will rise and also to gather more funds for better and faster development.

Soft cap. but we are grateful for your support :)

It is not an official release of our coin - I'm guessing the bounty hunters are selling/ buying the tokens but for us atm we did not put ebit on sale yet.

 If I remember correct, at the beginning, you have planned last stage of ICO in January. Do you now know more or less when will the next stages of token sale take place?

I understand that the softcap has been achieved, so what will be affected by the additional amounts collected in the next stages of ICO, of course not counting  acceleration of development?

Of course, it pleases that the developers want to improve the project and want to increase the value of coins. To do this, second stage opens. And of course, need workforce. But somehow it is so stretched out that it is alarming. Testing take place, but nothing has been started. Will there be release at all ...

Since the end of the crowdsale, all communication channels are silent and looks no active. Can we get answers to our questions?

When will be next stage of ICO?

As soon as the app is ready - we want to ensure our supporters that we are indeed using the money on the creation of the app

where can I buy the ebit except in the EtherDelta? I am holding few of the ebit in the wallet, they need more update information about the project now!

of course and how the fate with ebit my tokens in MEW wallet?

Bug Reporting for Mobile Apps eBit Payment


Some of you may have noticed that you can find the eBit payment App on the Play Store since yesterday.  You can get a testing App here https://goo.gl/hvRPEy  (https://goo.gl/hvRPEy)!

If you are an iPhone user please leave us your Apple ID here  https://goo.gl/BXd2Qw  (https://goo.gl/BXd2Qw)and we will add first 100 people to test flight.
 
We would like to invite you in participating in the testing phase with the usage of testing amounts of ebits/eth - in just a few days we will proceed with more updates and a closed testing period will be held while we will be handling real money.

At the same moment, we would like to invite you to a small Bounty for finding bugs, You are welcome to participate and send us any bugs you find to support@ebit-payment-ico.com. Every person that will report a NEW bug will receive 100 ebits!

To receive the bounty you have to list:
The phone you are using.
is it repeatable?
Steps to repeat the bug


List of the currently known bugs:
All:
Sometimes while entering the wallet it shows 0 able eBits/eth - after refresh, it shows the normal amount of currencies.

Android:

iPhone:
Sometimes when trying to change the ETH value the screen moves up and covers the previous page making the user "stuck".

https://imgur.com/a/yI9bSow

Dev: 

I have installed the APP from Google store today, how can I deposit Ebit to app, and what currencies support in the future? Receive button is malfunction now?

Dear user,  as we mentioned before,  the app has testing amounts of ebits on it,  we will post a guide once the app is past the tests.  Receive button is disabled for the time being.  It will be usable once the app passes the closed tests.  In the close future as of now it will be ether,  then ofc bitcoin,  after that most commonly used currency such as dollar's ,  euro and funt. Later we will expand it more but everything will come with time

When do you plan to complete the tests? On Twitter and on the facebook page there is very little news about the project. On which exchanges will Ebit be traded?

eBit Payment has already been approved by many qualified professionals around the world. The eBit Payment team consists of crypto enthusiasts, all of them are IT specialists who know the financial market well.

I expect this plan grows well and ideally!
Engaging approach, reasoned website, spotless idea.

Are you kidding? their website since the end of ICO until now has not been updated
Even their token has not been listed on any exchange even though this project has been running since november 2017
So eBit payment can be said as die or zombie project "alive but lifeless"

Very long ico project sir, when added to market exchange?

Over a year has passed and the project is in the same place. Can we officially call it a scam, or maybe anyone have any positive information?

Why did the developers leave all investors without information about the progress of the project?
If the project is credible, also treating people who trust you, should be a bit better.

I think will exit scam, look official twitter and facebook deleted