 We are here now! So fasten your seatbelts. We're about to take off! smoke, you done buying those ICNs  ? |
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what do you forecast the long term price potential of TIME is?
Depends... what do you think the potential of a system that allows people to get paid instantly for their work, not have to deal with banks and cheque-cashing companies, and allows them to build a reputation for themselves and get paid more? Since Labor Hour Tokens will be released in Australia first, let's use them as an example and do a little quick math... according to google, the population of Australia is just over 23 million people. If 1 in 1000 people started using the Chronobank system (LH tokens and/or LaborX) and worked 2000 hours per year (40 hours per week * 50 weeks), there would be 23,000 users going through a total of 46,000,000 LH Tokens. At the quoted rate of $39.89 AUD per labor hour (from the business outline on chronobank.io), that is a total of $1,834,940,000 AUD in LH Tokens issued. TIME holders are entitled to a portion of those issued LH (3% in 2017, 2% in 2018, 1% thereafter) as well as a percentage of transaction fees, but let's just concentrate on the issuance fees, shall we? With $1,834,940,000 AUD in LH tokens issued in the first year, the 3% allotted to TIME holders would would amount to $55,048,200. If that was divided evenly amongst all the 710,000 TIME that exist, then each TIME would get $77.53 AUD in LH "dividends". At 2%, it would be $51.69 AUD per TIME, and at 1%, it would be $25.84 AUD per TIME, per year. And that is with only 1 in 1000 Australians using the system... imagine if it were 1 in 100, or once the other LH tokens are added and the system is used in other countries. It'll take some time for marketing and adoption of LH tokens and LaborX, but Chronobank just had a very successful ICO that raised what is hopefully enough capital to get things going, but once the system is in place and people start using it, the value of TIME may be virtually limitless. Right now, we have close to 7.5 billion people on the planet... if 1 in 10,000 used the system, the annual "dividend" to TIME holders could be approximately $528 USD per TIME per year (assuming 750000 people working 2000 hours per year at $25 USD per hour) So, to answer your question, my forecast for the long term price potential of TIME is that getting a couple btc worth of TIME now while it's cheap and holding it could set you up with a significant annual income a few years down the road. I really wish I could get more TIME while the price is low and I hope that all the short term prospectors continue to dump low for another month or two. Even if it is 50$/year dividend this is good ROI  |
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Hi Edgeless team! I have a question about translation. Im translate your blog on 28 feb and want claim bounty but no respond in here and on email from you, still that blog post not translated only reserved. Why I was ignored?
they are updating spreadsheet on weekly basis so probably you will be noted soon |
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Still no updates the spreadsheet of participant in the signature campaign  When it will be done? There is a separated thread for that |
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does anybody follow slack?
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Not many trolls left here!This is a good sign yup, it looks like every ico needs some tme to clear true believers and instant traders |
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Where are the wings team member? it been long they surface on this forum.
they are very active at Telegram |
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why the people keep saying than you have to sell so fast as you can? this is not forex or trading. This is a proyect which takes time and progress. This is a long term proyect and is really important to be pacient and objective. If the price of TIME is not giving you profit right now, so donīt freak out...keep checking this forum and the price and you will see than in a couple of month this will be different. People be smat. Do not make decisions with panic. Chronobank is a serious proyect Exactly. If you invest into ICO then you should expect to be in it for at least a year or more. VC money stays in project like that for many years. Grow up people, please |
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I read this thread every day, joined their slack, which is by far the most active that i got into.
that is 100% true, other slacks write as much in one day as we discuss maybe in 1 hour. Despite being new and having seen the price spike up and down several times all I do i hodl and buy more whenever i can. stop the fud  ^that^ 1 million per year or per what ? i only hold icn on kraken im not ico how will i get paid from that ! you will get paid by realized profit and fees but you will need to have a ether adress to get dividends |
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nice, will follow that. I saw somewhere that some predictions are you will launch ICO in May or June, can you confirm that?
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Lol your sig bounty is full at 300???
That is bullshit with how many are most likely double dippers.
Since this project has achieved milestone 1 and now it is officially confirmed to kick-start, therefore they limit 300 people to prevent more bounty cheaters on board, obviously it is the correct strategy. I complitely agree with that also. Then only true believers will stay with the project. @Alonzo Ewing I see we are on many threads together I hope that means we both are making good decisions about ICOs |
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I agree with you but on the other hand if they break their promise then people will start yelling SCAM and will go away
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I UNDERSTAND THAT NOW PEOPLE WILL SAY FAKE FAKE FUD FUD TO PROTECT THEIR INVESTMENTS !!!
BUT THIS IS THE TRUTH !!!!!
THIS IS A SCAM AND INVESTORS HAVE BEEN DUPED
posts like that give you a clear indication of certain person who wants you to dump cheap so he can buy you cheap tokens. That been said, we will probably see more posts like that in the future because people are trying to get in cheap |
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I read this thread every day, joined their slack, which is by far the most active that i got into.
that is 100% true, other slacks write as much in one day as we discuss maybe in 1 hour. Despite being new and having seen the price spike up and down several times all I do i hodl and buy more whenever i can. stop the fud ^that^ |
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and put some winning cards on the picture |
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every single coin goes up these days. and time? goes down not true, ICN is under hard pressure too. Looks like some people try to get into good projects cheap |
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The best thing is not to look on the daily prices if you want to be here on the long term. Just follow devs progress and wait for final release
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any news about wings? when wings added to exchange?
All the time devs are saying wings will be distributed in March and they claim that are still on the track for that to happen |
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Do you mean with that 4 already announced or new one? Because I think most exchanges that announced they will add TIME already added it |
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