Bittwatt have raised $25,3 Million for soft cap. Next stop is reaching hard cap ($30,4 Million). What do you guys think, will they be able to achieve the hardcap?
To me, I feel it's very feasible. I mean if they could raise $25.3 Million out of the needed $30.4Million, that is leaving out just about 5+Million to be raised and I don't think that's going to be a huge task to complete. Exactly, i don't see any big deal in it, they've already achieved a milestone in their sales target, to me the critical stage of the process has long been shattered, bittwatt to me is a success and there's no need to fidget about the remaining because, there's a high probability that they will hit that because they have what it takes for one to consider been part of their community |
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There are other niche e-commerce projects that use blockchain technology. Vanig is the first e-commerce platform with integrated supply chain integration that's powered by blockchain.
Yes but this project is actually doing something that others are not doing, which actually sets them apart, for example, the use of IoT, which is like the new baby of technology, the functionalities of wish is yet to be tapped and Vanig will implement this across everything they intend doing, this gives them that edge in terms of monitoring products, transparency and of course fast delivery service with minimal cost |
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I think energy market needs a platform like Bittwatt, where producer and consumer benefit from the collaboration. And the platform is also accessible free for all participants.
I honestly never knew energy markets were this big; I am not sure how the platform would actually work but this would really mean a new market for users to trader energy without having to actually try to get contracts and all. We could actually see new business thrive on this idea alone. The industry is actually big, as population is increasing by the day, hence the constant need for energy, so is like the population increase is directly related to the wants of energy and it goes all the way, from individuals, industries, firms, etc, is like an insatiable need out there and bittwatt is here to help solve the issue, as governments alone can not accomplish this task |
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They seem to have a working product that is still in closed. The CTO is Alvin Wang and seems to have had quite the experience working for Google. It also seem has worked for VISA. I am curious why they chosen Stellar for their platform though.
Stellars a pretty wicked platform, i've played with it a bit its a lot like ethereum but a has some nice differences, if your worried don't be i think its a solid choice, not everything can or should be on ethereum as who knows what the future holds. Good to see their CTO has a lot of experience with big companies hopefully he can turn superbloom into his next big project. Talking about experiences, the founder seems to know the intricacies of the blockchain industry, having been in contact with thousands of investors and attended a whole bunch of conferences and seminars, like the popular saying goes, experience they say is the best teacher, i believe getting partnership deals and involving the community into superbloom will really be less easy for the team |
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I just came to know about this project so don't have clear idea. I will check whitepaper and other documents for more info. But I always wanted to take professional help for crypto trading. It's seems that finally I found something interesting.
That's right, before investing in a particular project you should study all the documents of the draft, this will significantly reduce the risks. Yes, i was actually going through the whitepaper and i noticed that the first version of the platform was launched in Macau China earlier this year, so that means they already have a working platform, now this is getting interesting, so it simply means that the prime objective of this project is basically to raise funds for the accomplishment of an already working platform |
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What is it like when a hacker realizes that he is attacking a Bitfence honey pot and somehow bypasses it? Can he then move freely in the Bitfence network?
I do not think it works like that he is not in the Bitfence network he is only in the honeypot and trying to hack that. True, i once read Bitfence will allow hackers attack the honey pot which is totally separate from Bitfence network. With what the team intends to develop i highly doubt hackers stand a chance in bypassing Bitfence network. Lets not underestimate the tricks of hackers, yea BITFENCE got some impressive concepts and i seriously do want to see them take on this challenge head on, as it has bring woos to countless individuals, a constant trail and monitoring of their network should be done because as a new project, hackers will be hell bent on bypassing their defenses, statistical analysis should be maintained by the team as proof that they have never been breached, investors will love to see such report and attest to the fact that the project is indeed sustainable |
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Do I understand correctly that you have already acquired 2 plants? thanks to everyone who answers, but tell me, is the manager on the phone? or is it worth writing to them in a telegram?
Yeah, there is already 2 plants on site and 2 more planned to be purchased and trust me you will get faster reply in there telegram here https://web.telegram.org/#/im?p=@FRNCoin and the president is quite active there Manager and their team has been pretty responsive the few times i've asked questions in the chat, only few times at odd hours i had to wait a while and they still eventually got back to me which was cool It's impressive seeing a project so active and taking prompt action, acquiring and implement 2 plants already which are already operational as we speak. Will look forward to seeing the progression on this one in 2018 I get the feeling they were able to pull of the quick turn around because they raised so much so fast, thats the good part of crypto once they get the crypto its available to use and spend, they dont have to wait for checks to clear or wire transfers to process from investors, they just get the crypto and can then do with it as they please to make commitments like the plant purchases. Yup, two plants already producing 10 MW of energy together, with plans for 22 plants in total in the next 5 years! 22 power plants in the next 5 years? you must be kidding! And in all there should be mining farms? These must be unimaginable hashrates, and we ICO investors are going to earn us golden noses! (if there is this proverb in English) Really? 22 more power plants are planned? But these won't be all new plants but partnerships with already operating ones, right? Do we already know the locations these "22 plants" are going to be? in the UK? or in EU that would give us a lot of profit. Probably most of them will be in UK, because they will be starting there first, and then i hope that they will extend it to other countries as well. Extension to other countries is a sure thing but they need to gain balance and a rock hard foundation before doing such, it will take some years because as a new project, they need to recuperate their expenses, take care of investors and satisfy the needs of consumers, once the stated targets has been achieved, 4NEW can be termed successful and the migration to other countries or areas can begin |
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ICO extension happened twice for GIF. I thought Tokens sale is going good and they might have crossed stage 5 also. Not sure what's happening in background.
Well, I was not sure if there was ever an extension. You lose track because some projects do not adhere to their schedule. I still do not think that's good, but if gifcoin thinks they've got too little then they should try it for another month i go with them:-) Is this true that they extended ICO for 2 times earlier? I am not very sure about it. But now softcap is reached and new website launched. So we should support this ICO date extension for the benefit of the project. I believe they did extend ICO due to the crypto market crashing and impacting the raisings. But with the new website, i'm confident that hardcap will be hit for sure It's cool of you to think that way and the website. But I feel the website actually has nothing to do with the sales rate. It's just a Chanel of passing information. It does because you can see pop-ups when people are buying and you also have a progress bar but they need to update that more frequently. there is no doubt they will reach hard cap. But I don't think so website changes/modification can matter on sale. They changed website because they wanted to add some additional information there. That's it. Is all about re-branding and it does matter on sales, such process can change the perception of already existing investors and even have the ability to attract potential investors, the power of such should not be underestimated, is like applying makeup on a lady's face to look more beautiful and attractive, that's the simplified way of explaining what such can do, so it can help boost the sales of Gifcoin |
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Always good to see a partnership announcement, doesn't only look like one company but 3 business' teaming together. Great to see and hopefully can bring Vanig to a success Yeah, this is for sure great news. MGX and iFashion seem to be the first trade marks which product will be sold via Vanig platform, and iCommerce may be a logistics partner for deliveries. Nice prospect of development is seen from this point. Amazing that the team made an article about this partnerships with these great platforms are there any more partnerships planned for later? Yea, saw an article on the partnership deal and was really excited, iCommerce is indeed a logistic firm and they have loads of experience when it comes to logistics and also good in setting up online stores, as for iFashion group, they are known for their synergistic approach to business, so i think this partnership deals will go a long way in developing this project, Vanig tends to start from the Asian part of the world, which is understandable and iFashion is located in southeast Asia, so it makes much sense to align with them |
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How many people work on this project part time or full time?
Hello there. I don't think this your question needs an answer, would have recommended you to go ask in the telegram but i don't think this is an information the team would like to disclose out to random individuals. I do agree with you on that, i don't think is even necessary asking such, as a new project they still have a lot to put in place and even if they give a specific number. its bound to change in due time, that part should be left for the bittwatt team to deal with, not our problem, our main deliberation is based on having a successful ICO and watch our investment grow, somethings are best kept private |
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The buzz surrounding this SEED project is very attractive, I see it everywhere like I could see no other, I'm particularly curious about what superbloom is set on achieving, I tried downloading Whitepaper but it's redirecting me somewhere else and not downloading
You have to signup via email to get the whitepaper, it's so only serious investors and interested parties have access to it. Yea, just bumped into the project and decided to take a look, turns out that i need to drop my mail before accessing it, which is like the first i have seen in terms of ICO, is a good one because it tends to like create an avenue to get emails of investors and potential investors for their marketing campaigns, so is a brilliant idea Not only that, you can directly ask the founder any question while going through the whitepaper by just clicking on her picture and be sure to get your reply by mail. Wow, that's some pretty impressive concept, never seen that before, between, i was going through the whitepaper and i must admit, they do have some good team portfolios to back them up, is no longer my taste to invest in any ICO without a face, that's absurd, so this just got my attention to go deeper into this project and understand what it entails |
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Yes, i believe that every investors, whether big or small will be given the product according to their preferences, when it comes to them been implemented by a public system, that must be when they must have gotten a lot of positive reviews that will attract big companies and even government parastatals, i really hope to see them achieve that level
Im pretty sure the device they pictured is a mockup, for them to test the software on, remember every company has different requirements, some may require multi-port devices etc, so i'd imagine the team would have a plan to test and then develop larger boxes, in the end they just have to get it working on ARM (raspberry pi) and then they can port that work over to other ARM boards. You're right, that was why i talked about preferences on the part of users, is a sure thing that specificity will come in due time, that is the major reason why the initial launch should be a winner, as such scenario in this project triggers the impact that will beckon on investors, industries want this, governmental organizations will be willing to even fund such to their spec, BITFENCE just need to give them the reason why they should, is a good project |
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Do I understand correctly that you have already acquired 2 plants? thanks to everyone who answers, but tell me, is the manager on the phone? or is it worth writing to them in a telegram?
Yeah, there is already 2 plants on site and 2 more planned to be purchased and trust me you will get faster reply in there telegram here https://web.telegram.org/#/im?p=@FRNCoin and the president is quite active there Manager and their team has been pretty responsive the few times i've asked questions in the chat, only few times at odd hours i had to wait a while and they still eventually got back to me which was cool It's impressive seeing a project so active and taking prompt action, acquiring and implement 2 plants already which are already operational as we speak. Will look forward to seeing the progression on this one in 2018 You can say that again and the good thing is that, this is happening even before the completion of the ICO, now i'm not a fan of singing praises to projects but this got me in terms of speed and agility, despite the backlash from some individuals about this project few months ago, they still kept going, creating that positive characteristics that investors want to see, i'm sure that was a pretty good reason why they got awarded few weeks ago |
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From what i have read on the Gifcoin telegram channel, this is the final extension of the ICO, and it will end on 12 June. Also, they don't plan to be listed on exchanges until the first dividends will be paid( December), so when they get listed the price of the coin will have a bigger price, as everyone will see how big the dividends will be.
Phew, that's a very long time to wait with the listing. But a good decision, that prevents dumping in the first few days after listing I find it more interesting to say that there will already be a dividend this year. I would have expected only in 2019. That's very good news I don't know if this is good decision or bad one. Because dividend before Dec /very first year is really good, but waiting for December for listing is not good. It's good of course, I'm not in it for the short run, in it for the long - I do personally believe GIFcoin will be very successful with the new Buff88 website. Wont take long for a much big user base with the attractive GUI. Can see both sides of the coin, they want to maintain the value of the coin based on dividends which is what it should be, but at the same time will probably upset some people who got the coin to trade on speculation throughout the year, which this will stop them from doing :S I agree with you, it won't go down well with some but again, is all for the benefit of the project, if you look at the duration, is not that much, personally i think it will be best for me to wait for like 6 months and hit a massive jackpot than wait for years before the price becomes reasonable after massive dumping that may likely come from some investors after instant listing |
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Thing that interests me is I wonder if the prices will fluctuate during the day? For example in the evenings when alot of people are at home, using electric etc would it be more expensive than say the dead of night, or during the working day.. Going to be interesting to see what arbitrage opportunities there are.
I am curious also how will the use of electricity dictate the price of bittwatt in the market and as the price of electricity is more of a stagnant one will bittwatt see its price change frequently. I don't expect price fluctuations in hourly basis. But it's possible that price will change on weekly basis. Energy prices will change based on demand and supply and we need to identify how and when it change  The price is always bound to demand and supply in my opinion. Actually during the day I think the cost would be higher because of business consuming a lot of energy to run it processes. Home consumption is not as heavy as businesses'. This is all going to be exciting to see in action. Yeah you are actually right... Lots of power is consumed during the day time both from businesses, schools, construction companies and home use but at night less energy is used as almost everyone is resting. Not sure if this can be applicable in terms of using such parameters to identify the rate of power consumption, for me, i think is like an all round consumption thing, take for example the construction industries, such niche require like a 24/7 use of power, what about hospitals, so the market is bound to be on a constant need, an unending want of power by consumers |
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Vanig is focusing on accepting only VANIG tokens and fiat as part of first product roll out. BTC and other top crypto's will be planned for later roll outs.
Im glad to hear it, I was a bit concerned hearing just VANIG tokens accepted, but I did think they would roll it out shortly. I guess it's good to test the product before it even gets rolled out to prevent bugs I was also concerned when i heard just vanig tokens will be available but i was later meant to know this will actually drive the demand for vanig tokens increasing the value for it... So both holder and vanig wins. Yes, there's no need creating an avenue for other tokens to be used when the main focus which is the Vanig token is yet to achieve its target of becoming valuable, it just doesn't add up, so that should be like the first step of call before entries can be open for the addition of other cryptocurrencies, thereby creating preferences for users of the platform |
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The buzz surrounding this SEED project is very attractive, I see it everywhere like I could see no other, I'm particularly curious about what superbloom is set on achieving, I tried downloading Whitepaper but it's redirecting me somewhere else and not downloading
You have to signup via email to get the whitepaper, it's so only serious investors and interested parties have access to it. Yea, just bumped into the project and decided to take a look, turns out that i need to drop my mail before accessing it, which is like the first i have seen in terms of ICO, is a good one because it tends to like create an avenue to get emails of investors and potential investors for their marketing campaigns, so is a brilliant idea |
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This is awesome to see, I'm glad the team have published and given us a insight as to what this miner actually looks like. I can't wait for the release, I myself; will most definitely be getting one. I'm in love with this Stingminer. I like the fact it's small and not a huge bulky miner. Slick design and easy to mount or place anywhere in the house. That was something which attracted me, the size of it is fantastic. Similar to a Raspberry Pi; easily can disclose it in a hidden location. Also the fact you can still mine on it from such a small system and generate some tokens is fantastic. Great workj I do agree with you on that, having something tangible do something as magnificent as that can be eye catching and that's the focus of the new coming technological age, no one wants to implement or use something bulky, no matter how great the product is, if is bulky, the sales will be low compared to a product with a small size, i'm glad the product development team of BITFENCE kept that in mind during development it's because it's not an actual miner, like an ASIC. From my understanding you are not confirming transactions on the blockchain, you 'mine' a reward everytime it reports a 'hackers' activity to the main network. Let me get this straight and i'm sure some people in the community will like to get clarification on that, so what this means is, if a network was attacked by a hacker, is it BITFENCE that will automatically flag the hacker's IP as bad or will the report be done by the individual and secondly, will the sting miner do the mining automatically or does it need to be authenticated first by BITFENCE before the mining can be done? I had similar questions I’ve flipped through the whitepaper but it’s quite a complex project so I think more videos and documentation simplifying and explaining how things like this will work could go quite far with assuring peole Yea, i think a detailed response to this will go a long way but from my view if such report is to be done by the community, it should first be authenticated by the BITFENCE team before commencing the necessary steps, such process will ensure credibility to the network and stop the process of false reports, even though the project is a decentralized one, is best to also keep the community in check too Wow that sting miner device looks very small. Is this for home office or can used for big offices as well. And this device will catch hackers? I think you can use sting miners everywhere, but for big companies you will need more to secure the network. I like the idea to go in public networks like an airport or railway station and mine a lot of hackers. Yes, i believe that every investors, whether big or small will be given the product according to their preferences, when it comes to them been implemented by a public system, that must be when they must have gotten a lot of positive reviews that will attract big companies and even government parastatals, i really hope to see them achieve that level |
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According to the Vanig Telegram channel, the MVP is in beta testing and will released next week. It is a good sign, that the MVP will be available before the Presale begin. This will push the project and attract more potential investors.
This is great news i just confirmed from their telegram channel as well, i trust investors will be glad to know about MVP release, really do give Vanig presale a boost looking forward to the release date. Yeah, an MVP is so important. Some investors only put their money in a project with at least a working MVP. I can totally understand them. It's something completely different when you invest in a project that has a working product to show than in only a fancy whitepaper. This is really a big news, the mvp being released before the presale begins even makes it a better news as it will benefit the team and attract attention towards the project. Have they released any information on how you can join the beta testing for the platform yet? and is the beta open to all, or restricted does anyone know? Right now it's a closed beta testing. But once they release the MVP, I guess everyone can try it out. I think you are right. The beta testing is closed, but if the MVP has been released, hopefully next week, then everybody can test it. But it would have been more fun if some selected few from the community can join in the beta testing... With that they might have a feel of what the community want from the critics and reviews. That's a good point and i will be delighted if they will do this, nothing beats the power of a first hand experience, the community will be the ones to testify of how lovely the product is and there reviews will be very much considered, Vanig should look for a way to add this as part of the beta testing process, i'm sure it will do a lot of good in the marketing process of this project Nice suggestion @Ace44 but I feel beta testing is usually done with few selected individuals private investors perhaps. The test is to ensure everything works perfectly well before sharing with the public so I don't think it will be wise to involve community members just my 2cent tho. Yes, i get your point, is not necessarily going to be like the whole community, just a selected few, something like active members in the telegram community, so it will not seem like the community is left out and is best reviews come out from them than just only private investors, is always a good thing to carry the community along in anything they intend to do, it gives them an edge over others |
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I've contacted the Energy distributor from Romania that will accept Bittwatt as a payment method, and they confirmed me that it will be possible to pay the natural gas and electricity bill using Bittwatt. This is really exciting, and i am looking forward to see more and more countries added to the list of countries that will get into the Bittwatt ecosystem.
that's really great news. But I would like to have an official statement from Bittwatt. I know that the project has already started in Romania, but I have not read anything official so far. Has anyone here more information? This is amazing to hear, I'm really impressed with such news, this project keeps making big moves. I'm so happy the project is going globe and even getting partnership with energy distribution companies. Is an impressive news but an official message from the team will go a long way, one thing is getting an information, another is to ascertain if its real or fake, so that's why is necessary for an authentication but i hope is really factual because it will be a massive boost for the project in terms of getting more investors and even partners, i admire the concept and the steps stated on their whitepaper that will be part of the project implementation |
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