it is illogical that a project that for several hours at presale, collected hardcap, now trades far below the price of ico
It's not illogical and has happened with other tokens as well (Pillar, Propy, Aventis). Once there's some early buzz a lot of people think they can make money with a quick flip, helping the ICO sell out quickly. But unless there's ALSO significant excess demand from people who want in, but weren't quick enough (or who couldn't invest because of KYC restrictions), there won't be any buyers to flip to. If the entire ICO buyer pool was made up of long-term holders, the token price probably wouldn't go below ICO. But if you've got that large pool of flippers, they get nervous very quickly and will try to move on to the next trade if they don't see things moving right away. The first flipper might only sell for a tiny loss, but this starts a wave once the others start getting skittish and it starts the downward trend. This can all be exacerbated by strategic advisors/investors or bounty participants who got in cheaper than the ICO. It's all just human emotion and the quality of the token may not have anything to do with it. This was my rationale for the price "prediction" earlier. You won't see upward movement until there's real news from the company, but in the case of PayPie, I don't expect that to be until mid-2018 based on their roadmap. It's got nothing to do with creating FUD. |
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guys, in general what do we expect here at a price that it will grow in the near future? I participated in ico and I do not like it a bit as the price falls
This is my own personal opinion, so take it with a grain of salt. I expect it to go down to between 0.0004 and 0.00055 ETH/PPP in the near term, with a potential recovery beginning in mid-2018. Looking at this users previous posts he's invested in populous and is on here just to create fud, wouldn't read too much into what he says. Yes, I invested in Populous, but I have no incentive to create FUD. PayPie already raised their money through the ICO, so they have enough capital to compete with Populous regardless of how the tokens are priced in the future. That said, I'd be happy to make money with both if I saw the potential. I don't have anything against PPP. I just think it's too early to invest, but I'm keeping an eye on it because it could have longer term potential. Of course I might be wrong, but there's actually a rationale behind my comments. What I'm saying isn't automatically FUD because you don't agree with it. If you disagree, tell me what you think could drive the price to go up before mid-2018. |
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guys, in general what do we expect here at a price that it will grow in the near future? I participated in ico and I do not like it a bit as the price falls
This is my own personal opinion, so take it with a grain of salt. I expect it to go down to between 0.0004 and 0.00055 ETH/PPP in the near term, with a potential recovery beginning in mid-2018. |
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You guys that hold PPP should ask the PayPie team how will they help to recover an investment in case an invoice defaults.
What are the steps taken to reduce the chance of default (before it does) and how to recover the investment in case of default (after it does)?
So far I can see the team never make any specific statement/policy on this.
Edit:
If they give some bullshit answer like, "We are gonna do a credit rating on the invoices", then probe them by saying how exactly/precisely will a credit rating going to help reduce default and/or recover a default?
For once, this question on prevention and recovery in case of default needs to be addressed.
It appears to me the team is not bothered with this.
For crying out loud, credit risk score on the SME is just a tiny preventive measure.
There is still much to do with figuring out the credit risk score of the debtor stated in the invoice.
And still much to do with recovery in case of a default, regardless of whatever the credit risk score.
Guys, if you want PayPie to be like Populous, you need to beat the PayPie team of Indians into clarifying all these.
That's a good question Dorkie. Unfortunately, not enough people pressure ICO companies into giving good answers, so they often get away with vague responses that don't really answer the question. a bunch of fucking numbskull idiots commenting on what they don't know about here. PayPie is putting account data on the blockchain in order to sale the data companies like Populous whom do invoice factoring, you all are a bunch of fucking idiots if you think PayPie specifically focuses on invoice factoring. Uhh...wrong First neither of us suggested that invoice factoring was their exclusive focus, so I'm not sure why you made that assumption. However, it is on their roadmap and their approach deserves to be questioned. Second, suggesting that they'll be selling their data to companies like Populous is a stretch since they expect to have their own source of credit data and likely won't have to buy anything from PayPie. This is especially true since I don't think PayPie can pull off their plan to bring SME accounting on to the blockchain, so I have more interest in other areas of their business model. So, get your facts straight before acting like you know what you're talking about. |
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I can confirm that Nico made those comments in Slack. Dorkie must not have access to the off-topic channel. That said, I think it's better to not discuss stuff like this outside of Slack. I think you'd get more of a pop in price if you just wait for official announcements to be made. A lot of people are waiting to see some real results, so I don't think the slow trickle of "good news is coming" will have as big of an impact. |
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You guys that hold PPP should ask the PayPie team how will they help to recover an investment in case an invoice defaults.
What are the steps taken to reduce the chance of default (before it does) and how to recover the investment in case of default (after it does)?
So far I can see the team never make any specific statement/policy on this.
Edit:
If they give some bullshit answer like, "We are gonna do a credit rating on the invoices", then probe them by saying how exactly/precisely will a credit rating going to help reduce default and/or recover a default?
For once, this question on prevention and recovery in case of default needs to be addressed.
It appears to me the team is not bothered with this.
For crying out loud, credit risk score on the SME is just a tiny preventive measure.
There is still much to do with figuring out the credit risk score of the debtor stated in the invoice.
And still much to do with recovery in case of a default, regardless of whatever the credit risk score.
Guys, if you want PayPie to be like Populous, you need to beat the PayPie team of Indians into clarifying all these.
That's a good question Dorkie. Unfortunately, not enough people pressure ICO companies into giving good answers, so they often get away with vague responses that don't really answer the question. |
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Again, the data has to exist somewhere for this to work.
On your website you give an example of being able to find pizza lovers from Melbourne. Can you be more specific about how your platform could accomplish this? Saying that contributors will find the data on the internet isn't a good answer. How would someone identify me and track down my info if I should be on that list?
For example, in forums for pizza-lovers. Or in the specific group on facebook. Again on the Facebook - among the people who liked the pages of Pizza-restaurants in Melbourne. That makes sense, don't you think so?  With this specific example, I have a hard time believing that there would be enough identifying information for a contributor to know that a forum user was in Melbourne, but I'll give you the benefit of the doubt. That still doesn't explain how a contributor would get the person's contact information, which is the most important part of the process. How much are businesses paying for leads in your experience so far? The process sounds time consuming, so I'd like to have an idea of how much contributors are earning for their time. |
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When does the airdrop happen? Does anyone know yet?
Also, where must my PPT tokens be to get these new tokens? Can I hold them in an MyEtherWallet or does Populous have its own special wallet or platform.
Thanks for any and all help, love live PPT!
Holding them in MyEtherWallet should be fine. |
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Hi. On your website you say "Clients will be able to find even the most specific groups of people according to any complex criteria". How many criterias will be there to choose from? Is this option also available on a free plan?
There would be no forms with criteria. There would be a kind of a marketplace where you can create an order with a specific description (e.g. "10 000 emails of mothers of boys in California") and contributors would fill your offer with this data. But wouldn't it be complicated? I mean how do contributors gather tens of thousands of emails? Is this automatized somehow? Bear with me, I really wanna understand how this works  Have you read about the mechanism of our platform? From our Whotepaper: Contributors use our technological capabilities (firstly, a plugin for automatically searching verified data) to add new data to the system for further exploitation. We currently can offer our users an Extension for Chrome, and we plan to develop different modules for other browsers and systems in the near future. But the data has to exist somewhere in order for this to work. Let's say I'm on a list that someone wants to populate and a contributor is looking for my email address. Where would they be able to find it? The contributors are to get it from different sources. That's the main idea of decentralization. This info can be anywhere on the internet, but it is not put together. Our platform would help to gather this info and structurize it, creating an order in the database. Again, the data has to exist somewhere for this to work. On your website you give an example of being able to find pizza lovers from Melbourne. Can you be more specific about how your platform could accomplish this? Saying that contributors will find the data on the internet isn't a good answer. How would someone identify me and track down my info if I should be on that list? |
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Hi. On your website you say "Clients will be able to find even the most specific groups of people according to any complex criteria". How many criterias will be there to choose from? Is this option also available on a free plan?
There would be no forms with criteria. There would be a kind of a marketplace where you can create an order with a specific description (e.g. "10 000 emails of mothers of boys in California") and contributors would fill your offer with this data. But wouldn't it be complicated? I mean how do contributors gather tens of thousands of emails? Is this automatized somehow? Bear with me, I really wanna understand how this works Have you read about the mechanism of our platform? From our Whotepaper: Contributors use our technological capabilities (firstly, a plugin for automatically searching verified data) to add new data to the system for further exploitation. We currently can offer our users an Extension for Chrome, and we plan to develop different modules for other browsers and systems in the near future. But the data has to exist somewhere in order for this to work. Let's say I'm on a list that someone wants to populate and a contributor is looking for my email address. Where would they be able to find it? |
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can someone explain to me, I hardly managed to invest in presale, and now the project is traded 20 percent less than this price. what's the catch  Its what we called high volatility, one of cryptocurrencie's unique properties compared to fiat currencies. I think that is normal because it depend on supply and demand, if the project have good quality as soon as possible demand will increase and the price also increase. Long term investment is the best choice because this project have bright future we need some good news, nothing will grow by itself. We need a listing on a normal exchange When they promising exchanges? Im participated in pre-sale, and now tokens cheaper.. The price of this coin down because issue about bitcoin hard fork at 25 oct 2017, so all peoples sell their asset to buy bitcoin and expect to get bitcoingold. You can read this information at : We can take advantage of this situation by buying more PPP coin I don't see PPP recovering after the hard fork. I think you'll see more movement after it gets closer to launching a product in 2018. |
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Is beta release planned on early November? Planning to buy some PPT and hold.
Now a good time to buy, the price is only about 0.00063 btc or $ 3.2, I set a target to buy about 2500 PPT at Mercatox and already realized about 1400 PPT. the price is not high now. i think your target will finish soon.good luck for you. It's traded much higher than this in the past, so this is still a pretty good price even though it's been creeping up the last few days. |
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ICO price?
1 ETH = how much ENG?
It was USD $0.60 per token. |
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so there are a lot of airdrops atm ..
those XBRL token are they used for something on the populous platform or just another token which is kept in your MEW forever?
anyone? It's a related, but separate platform. XBRL will be used to sell credit data to other businesses outside of populous. |
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hey dev, maybe you could reply on my question.. what guarantee that the price of snov token will grow and for what reason? would be grateful for your feedback.
Hello! The Snov token would grow with the growth of the number of contributors. They would be paid with tokens for their leads and also each data purchase is then rewarded with 70% of the revenue in SNOV tokens. So there would be a need to buy new tokens and it will cause the growing demand and a high demand implies a price increase. can I just ask, what IF, theres a big IF, the growth of the contributors is insignificant, will it work vice versa? will the value will shrink? I think this is a good question. From my perspective, once a contributor earns tokens, they'll want to redeem it as soon as possible, so you'll have a constant flow of sellers. Plus, there's always going to be a limit on how much a business will pay for data, so that'll put a cap on the token price. At some point, the ROI from other data sources will be better than Snovio data even if the data isn't as good. Any idea what that cap might be using some of your market estimates? |
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To be honest, I'm having a hard time figuring out your business model. The whitepaper is very difficult to understand because it wasn't written by a native English speaker.
Could you try explaining the key points in a couple of brief sentences?
Also, please let me know if you'd like any help in improving the whitepaper. I think it'll be difficult for you to raise any money in the condition it's in.
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My rank has increased to Member. Can you please update the spreadsheet?
Thanks!
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Bitcoin is having a pretty good run as everyone is buying in before the fork happens in a couple of weeks. However, ETH hasn't moved much, so it seems to be getting close to a point where it might make sense to sell BTC and buy ETH if you think things will normalize after the fork.
Of course, you'd miss out on the Bitcoin Gold if you did this.
At what point do you think this starts making sense?
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Traded at ICO price right now.
Dump is coming.
Who in their right mind is going to dump below an ico they only just invested in 2 days ago. Only people selling below ICO is the 1100eth of bounty as its essentially free for them. What? Bounty distibuted already? You sure? Only 2 days passed. This tokens was sold for 4-5 hours and max bonus was 5%. I dont think, that no one can sell below ICO price... People will sell at a loss if they get concerned that it's going lower. It doesn't take much for people to panic sell these days. |
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