wiehoeeeeee, i fucking love it. These dudes get it! Accept fiat payments is one of the smartest things to do, especially if u wish to penetrate the american market. if anybody had any doubts this would be a succes, don't worry anymore.

i do get your drift, im simply pointing out that you are seeing it wrong.
i'm not microscoping, im actually saying out loud what you were implying.
Those banks are partnerships, those are companies who are interested in utilizing ripple in their own system. (i see only upside)

So overal, you are comparing 2 coins which both have their own target market.. useless to compare. and you give wrong information.

you can love litecoin, but like almost every fanboy of their own preferred currency, remain realistic and stick to the facts. Love is good, ignorance is a killer..

exactly, you are saying banks own it, then you say banks hate crypto, and then you say cash in your ripple profits before the dive. These claims combined means: Ripple is gonna crash because the big 15 banks own it.

You understand with these things you claim alot of things.. you might not like ripple because it does not fit in your ideologie. But it does fit in the real world of the common lazy people who ain't got time for crypto shit and just want someone to handle it for them - read: bank -.
Also.. what 15 banks and where is your proof?

and this one, claiming that the quality ones are the ones with a low supply, thus making it grow harder? " I think we could easily see 2-3 trillion market cap for the whole industry within a year which makes every coin worth a lot more & the quality ones an order of magnitude higher - specially the ones with a limited issue like Litecoin (84 mill) & not billions or a billion like Ripple" <-- direct quote this time.

After all, this is all beside the point. by bashing ripple you don't make litecoin look any better. In my eyes litecoin and ripple have different goals. Litecoin for the alternative payment as consumer. And ripple for integrated bank transactions to replace the old system.

So yeah, i got my facts kinda straight. How about you?

lol, i love the ignorant claims of alot of people here. 'ripple will crash because 15 big banks own it' 'ripple will crash en litecoin will moon because the supply of litecoin is way smaller'..

You guys do understand that indeed the banks control the economy and are desperate to remain in control. Ripple reduces the transaction costs by 60% for banks and makes transfers almost instant. Why would banks let it crash when they could gain way more by actually using it?

blockchain is a great innovation, however, banks like to remain in control. Ripple is the compromise?

I do love litecoin, and it's rise is justified and long overdue. But so is ripple's rise. Beside that, ripple is pretty close to having the biggest user case. once the beta testing with the banks are over they are going to be actually used on a daily basis for bank transactions, these transactions can go up to the trillions. (and in order to do that you need a large supply in which 100 billion is even moderate since coins get burned per transaction and the amount of banktransactions are huge)

i am more concerned with the upcoming correction (given the marketcap growth of cryptocurrency's) and the possible ban on crypto's from south Korea. As i've heard, alot of volume which made litecoin climb was from south Korea. Correct me if i'm wrong, i haven't fact checked it.

well, i bought 5.7m zeit. sounds like a fun cheap coin to give to relatives for Christmas. 'here you go, 500.000 cryptocoins' muhahahaha

What exactly can you do on the app?

And also, is fluz fluz strictly for luxury items purposes? or can we also expect to start a collaboration with a supermarket chain? Would be awesome if people could use the network for everyday grocery shopping

still, you have to train new employees and before you trained them properly you already have to hire new employees. As for Europe, i get your excitment haha! But it takes money to launch in a completely new market, money i'm guessing they currently don't have or are better spend elsewhere

as far as i read they have as of now, no plans to do so. And to be honest, i think it is a smart move not to do so. They should focus on one region before going to the next. One of the biggest things i see for fluz fluz is a luxury problem, nonetheless a luxury problem: Growing pains. This means that their growth will outweigh their preperations for growth (unforseen quick growth). by adding europe they would only increase that problem and also get a second problem: no focus.

but hey, that is simply my view on it. What do you think?

but advertising it out of the crypto universe is not a big goal i think. If u only accept ethereum and bitcoin it is hard for people who are unfamiliar with crypto to get in on it. They would most likely wait it out till the platform is launched and then buy in to it with fiat currency.

so their main focus should stay on the crypto universe or they have to start accepting fiat currency's. Never underestimate how lazy people are.(e.g. setting up bitcoin/ethereum wallets)

yeaa indeed!! They don't give in to the hype of everything needs to go super fast and make a lot of promises which sound too good to be true. They got a existing product they believe in and want to responsibly expand their product with the usage of crypto's.

the whole point of it, is that it gets dumped alot so it would distribute itself. Given the small amount of investors you need to spread you coins and you can't simply give it away to some random people while some investors had put their faith and money into this project.

so i agree with the initial plan of CROM, but it hasn't worked out so far. My plan is simply a solution to still get the project out there and still be fair towards their investors.

well obviously they can't completely neglect their existing market in latin america. I like that they put it somewhere down in july. It represents an realistic view on how they are going to proceed. i think it is quite important projects will be able to stick to their roadmap, not give false hopes on prematurely launching platforms.

Yea at the beginning a very few benefit, that is why i proposed to give the investors at the ICO 500% more tokens, thus having more tokens available at the market in the beginning. they obviously will dump alot, other people will buy them up and so the first group of token holders is alot bigger than the initial group of investors. By holding these airdrops for tokenholders it increases the incentive to own and hold CROM tokens. But also it increases the demand, so the price will go up -- more holders will sell --> more people will buy --> thus creating a larger community of tokenholders.

Perhaps there is a better way to get the project out there, i would love to hear about it! With more idea's we can create better solutions

good that they have done that. Well if they burn all those tokens then there are barely any tokens left, that wouldn't be sustainable. I do believe they should give the investors a massive bonus on their investment, like 500%. Then there are quite a lot more tokens in the market at the start. After that they should do some airdrops like each month to all token holders. This way you increase the amount of tokens in the market and the demand of the token. Then your token will spread enough over the market.

I'm aware of that, it was just a means of measurement. My main point is: passive income means you don't have to spend a dime on products and as long as your network buys shit you earn some "cashback" from those purchases.

And basic cashback means the same as above except there is a limit amount of cashback you can receive (50% of the purchases you have done) e.g. i buy nike sneakers for 100 USD and my network can generate a cashback of a maximum of 50 USD.

Quite the difference between both scenario's, thats what im curious about.

yeah, i like the concept and the project.. it just really sucks it hasn't gotten that much traction yet. they got quite the bad luck with launching their ICO these weeks now BTC and ETH were mooning and thus all attention was/is pointed towards that

But since it's cashback and can only go as far as 50% per purchase. is it right to assume that you can only earn 500 USD cashback if u have shopped for 1000 USD? im a little fussy on this subject..

or is it actually passive income? and you don't need to buy stuff and get a cashback as long as your network keeps buying shit?

7 days to go guys! i'm curious what the future will bring us. They got a lot of partnerships and are currently networking in asia, who knows how that might boost the project! tick tock tick tock get those tokens now

no worries, and i totally agree with you. But the only thing that cures ignorance is knowledge. And to project yourself towards some one else's perspective you gain insight on how and why they would perceive things.

Anyways, i like the project! it sounds a pretty succesfull thing for the america's and perhaps the less wealthier country's. Europe is a bit difficult to take on due to the amount of different languages and cultures.

i know but those referral programs are built like a pyramid. thats why i get where the confusion comes from. That is why i explain what the big difference is. Because financial pyramids are notorious for the money you lose you put in it, by explaining that that particulair aspect is not in this construct you take away the worries someone might have.

By blatently denying it you don't convince a critic. you simply enforce the opinion the critic has formed