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501  Economy / Economics / Re: How can we push the actual use of Bitcoin ? on: September 28, 2017, 04:41:46 AM
Of course this depends on the infrastructure and support of wallet providers, if they work with malls, supermarkets, hotels, restaurants and provide ATM bitcoin and so the use of bitcoin will be more massive.
as far as I can imagine completely everything that Bitcoin can link and the whole range of services for a person, then I can only assume that all online payments can be very well combined with a crypto currency, unlike offline. I think that in the near future we will see in a very good service related to Bitcoin from every businessman who wants to participate in the world of cryptography.

Yes I think one way to push is by making payments on line to be with bitcoin, this will even push faster. Also, evangeling bitcoin always to people. Shops should put sign board too, media stations should talk about it more too.
Well lets hope this would be happen in the future. We can push the actual use of bitcoin also by introducing bitcoin to other people to grow its community. By massive adoptions and accepting bitcoin as payment in these way this will bring to push the usage of bitcoin.

The pushing will depend mostly on the merchants, we must find s way if convincing them to accept Bitcoin in their shops for grocery and other petty items we use for our daily lives.

I mentioned this in an earlier post, but merchants aren't the issue. They aren't going to want to accept cryptos while there's so much volatility and all their expenses are in fiat.

In order to increase the ability for people to actually use cryptos, you either have to have payment processors be able to accept cryptos and convert them so that merchants receive fiat, or the conversion has to happen at the consumer level.

The latter is probably more likely since people who already own cryptos are willing to take the volatility risk and it can be more of a grassroots effort rather than trying to get an institution on board. Services like 10x or Centra are the solution since they allow you to pay for every day goods using crypto.
502  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] EXTENDED => ~$900k SWARM FUND! BOUNTY INCREASED 50%! NEWCOMERS WELCOME! on: September 28, 2017, 03:31:52 AM
The signature code for Jr. Members is too long to fit within our character allowance. Can you please provide me with the proper code?
503  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 on: September 27, 2017, 07:28:25 PM
Are the different trading strategies expected to have their own caps?

For instance, if there is an algorithm that is working well, is it possible for a token holder to be locked out because the opportunity is fully invested?
504  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE] on: September 27, 2017, 02:24:26 AM
It looks like all investments will be managed by your team. If that's correct, can you share some info on the teams performance track record?

Do you have more info on the type real estate projects you'll be targeting? What was provided seems kind of general. It would be helpful if you could provide something similar to what would be provided to potential investors if you were trying to raise money through traditional methods.

Just look at their Linked in profiles, they have a very good track record. In an AMA they said they would look at properties where you could get a lot of monthly income, so good for investors.

Its a very solid team! Check whitepaper and website for more info about the team.

Check there Medium blog post for partnerships and so on:
https://medium.com/@real_token/our-real-estate-potential-partners-70c2a0f8085b



I want to know what kind of returns they've specifically generated in the past. Listing operating partners is nice, but I need to know how successful their projects have been and what kind of strategies they specifically pursue.

There are a lot of different ways to invest in real estate, so I want to know what REAL will be focusing on. Are they taking development risk? Are they buying fully leased office properties in the CBD?

When you buy into this ICO, you're accessing their fund that invests in real estate. So questions about caps and such aren't as relevant. What you want to know about is the strategy and the teams track record investing with that same strategy.

If that checks out, you want to make sure there's good governance. This is very different than most other ICOs.
505  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE] on: September 27, 2017, 01:22:29 AM
It looks like all investments will be managed by your team. If that's correct, can you share some info on the teams performance track record?

Do you have more info on the type real estate projects you'll be targeting? What was provided seems kind of general. It would be helpful if you could provide something similar to what would be provided to potential investors if you were trying to raise money through traditional methods.

Just look at their Linked in profiles, they have a very good track record. In an AMA they said they would look at properties where you could get a lot of monthly income, so good for investors.

They are trying to raise money for a fund they will manage, so they should provide similar info to what would be expected if they were raising money through traditional channels. Otherwise, I have to assume they are trying to hide something.

Their LinkedIn profile doesn't tell me what I want to know. Do you have a link to their AMA?
506  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE] on: September 26, 2017, 01:58:44 PM
It looks like all investments will be managed by your team. If that's correct, can you share some info on the teams performance track record?

Do you have more info on the type real estate projects you'll be targeting? What was provided seems kind of general. It would be helpful if you could provide something similar to what would be provided to potential investors if you were trying to raise money through traditional methods.
507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Swarm Fund 2.0 - Cooperative Ownership Platform for Real Assets on: September 26, 2017, 01:26:56 PM
Assuming someone launches a real estate fund on your platform, token holders own a piece of the fund itself, not the underlying assets, correct?

Is it possible for someone to put an individual real estate property on your platform to be tokenized, or are you only allowing funds?
508  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Swarm Fund aiming too high with a $255m max cap for our token sale.... ? on: September 26, 2017, 01:17:16 PM
Hi everyone,

If you haven't heard of us before then.... hello! We are Swarm Fund.

Swarm Fund is building a uniquely structured decentralised collaborative ownership platform for real assets and existing funds (distressed real estate, solar, SaaS Tech VC, Art and more).

We are currently one week for our public token sale which starts on the 7th Sept.

Our Target raise is $55m however we have a Max Cap of $255m... which if achieved I believe would make us the largest ever token sale raise... and push our market cap close to unicorn level.   

My question is... do you think we aiming too high?  Will the Tezos raise rule for ever more?

You see I don't think we are. The unique aspect of this raise is that we can deploy the majority of these funds into existing, revenue generating partner funds which starts to put our platform into the green from day 1.

Let me know your thoughts.


You can read much more about our offering here: https://swarm.fund/blog/swarmfund/decentralized-access-to-high-return-alternative-investments/

When you say you can immediately put excess cash into revenue generating partner funds, do you mean you would invest capital into a fund that someone launches on your platform?
509  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟🌟🚀 [ANN][ICO] PAYPIE 🌟🌟🚀 World’s First Blockchain Accounting Credit Score on: September 26, 2017, 01:12:36 PM
Of your 16,000 current users, can you share any data on how they break out by industry? I would expect that manufacturers and retailers would need your services in very different ways, so it would be interesting to see who's currently using your software.
510  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟🌟🚀 [ANN][ICO] PAYPIE 🌟🌟🚀 World’s First Blockchain Accounting Credit Score on: September 26, 2017, 01:10:29 PM
It seems like success is largely dependent on user adoption of the accounting software. Can you comment on your growth in that area to date and your plan going forward?
511  Alternate cryptocurrencies / Altcoin Discussion / Bounty Staking on: September 25, 2017, 03:42:50 PM
I just become a Junior Member so I thought it would be worth checking out some bounty programs. They usually offer different "stakes" based on activity criteria. I assume this just means the number of tokens you can receive, but I'm not really sure.

For instance, if a signature campaign offers 1 stake per week, is that just 1 token?
512  Economy / Economics / Re: How can we push the actual use of Bitcoin ? on: September 25, 2017, 03:00:57 PM
What would also help is the growth of services like 10x and Centra Tech. These allow people to use crypto currencies anywhere Visa and Mastercard are accepted.
513  Economy / Economics / Re: How can we push the actual use of Bitcoin ? on: September 25, 2017, 01:18:40 PM
Pricing has to be more stable before people will really start using it in their everyday lives. In order for it to become more stable, it needs wider adoption beyond speculators and traders.

So, it's really about educating people and sharing the real benefits of it as a currency. Right now people first hear about it due to its price movement, and while that's good for general awareness and can get people to make their first purchase, it does nothing to encourage real adoption. 
514  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: September 25, 2017, 11:51:07 AM
An important reason why Amazon won't be accepting Bitcoin anytime soon is because a lot of their sales come through 3rd party sellers.

So, even though Amazon is the sales platform, you're actually buying from an independent seller and Amazon is just handling the order processing (and sometimes fulfillment). This means that individual sellers would have to sign on to accept Bitcoin.

Just managing this process and dealing with all the complaints from sellers who aren't happy with the BTC/USD rate at the time of sale thinking that Amazon screwed them somehow would make this a nightmare for Amazon. Amazon only disburses money to sellers every two weeks, so you could have sellers who sold a product when BTC was at $4,500, but it's at $3,500 by the time it gets disbursed.

The technical implementation wouldn't be as easy as just adding another payment option, so I'd be willing to bet everything I have that they won't be accepting BTC anytime soon.

I agree that a large percentage of Amazon´s sales come through 3rd party sellers.

However, you are completely mistaken about how this relationship between merchant and Amazon works.
Your worries are unfounded, because Amazon not only handles the processing but also the payment.
This is why you aren´t redirected to a sketchy website where you enter your CC data and instead
use the CC data stored at Amazom from your previous purchases.



How am I mistaken? Someone has to take on the risk, so it's either Amazon or the 3rd party seller.

Amazon is willing to take on processing risk because they have security measures in place to minimize fraud and with millions of transactions per year, they can pretty accurately estimate what their loss percentage is and build it into their margins. You can't do that with exchange rate volatility.

It sounds like you're suggesting that Amazon would take on volatility so it's not an issue for merchants. If so, there's no way for Amazon to mitigate this like they can with risk of fraud. Even if Jeff Bezos personally thought Bitcoin is undervalued, it's not likely that all shareholders would agree.

The other option would be for Amazon to do conversions from BTC to fiat on the spot for each transaction. You eliminate volatility risk, but converting each transaction comes at an added cost.

What's more likely to happen first is for Visa/Mastercard to start allowing BTC at some point since that's how it works with other currencies. If someone wants to buy something on Amazon using a European credit card, the buyer pays with Euros and Amazon receives dollars. Visa/Mastercard takes on the currency risk, but they build in a favorable exchange rate to account for volatility. If you've ever bought something via credit card while traveling abroad, you can see this on your statement at the end of the month. If they were to do the same with BTC before it becomes a more stable currency, they'd have to provide a really poor exchange rate to account for the extreme volatility we see today.
515  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: September 25, 2017, 11:20:04 AM
An important reason why Amazon won't be accepting Bitcoin anytime soon is because a lot of their sales come through 3rd party sellers.

Good point, but they can simply act as the middleman and convert the btc to fiat or even just have an option for people to accept btc directly. It's not difficult to implement at all.

But i can see what you're trying to say, and as i said - this remains to be speculation, not confirmed news. Don't get too excited. But if it does happen price will go up for sure.

Amazon acting as the middleman would be just as unlikely since they'd be taking on exchange rate risk.

There's very little upside for Amazon to do this and it comes with a lot of risk and complexity. If they were to start accepting, it would help Bitcoin more than it would help Amazon. Amazon is the largest retailer in the world, so they don't need to attract such a relatively small number of potential users.
516  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If I have $100; and I wanna turn to $200 in 10 days. What'd you recommend on: September 25, 2017, 02:53:56 AM
I do plenty of research and am extremely cautious with investing. But obviously there's math guiding the basic principles + some risk

So if I had to turn $100 to $200 in 10 days - what would you recommend as a strategy?

Get 10 coins with incremental gains of 20% each (like $5-10 gain each day?) or invest in something else?

And which coins?

EDIT: How about $150

The truth is, you've got to get lucky. Everyone can provide opinions on what they think are good long term holds, but in order to do well in the short term, you've got to have volatility work in your favor. Even if you're an experienced trader, it's impossible to do this with zero risk.

You could try doing arbitrage between exchanges, but it's getting tougher and you really need more than $100 to make it work.
517  Bitcoin / Bitcoin Discussion / Re: BREAKING Squawker: Amazon WON’T Accept Bitcoin on: September 25, 2017, 02:45:12 AM

Lol...I'm amazed the original article gained any traction at all. It had zero support for the claim and pretty clearly said it was pure speculation. Plus, anyone who really spends 5 minutes thinking about it should come to the conclusion that it just wouldn't make sense for Amazon to start accepting Bitcoin any time soon.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: best ICO in these days ? on: September 25, 2017, 02:38:46 AM
I am also paying attention in upcoming auctus.org presale, i think they don't have a minimum investment and they already have a product being developed
I was looking at Centra but I don't think it is a good reason to invest just because mayweather advertised about it

The way pension funds are managed and administered is very complex.  Acutus.org wants to replace the way employers do this.  To do this, you need a corporate sales force with highly paid sales reps, inside sales and technical sales support, who know how to sell complicated solutions to multiple people in an organization, that take months or years to close.  No company is going to replace the way they manage pensions just because some startup wrote some smart contracts.

Centra wants to do the same thing as Monaco, TenX and Change Bank.  This space is getting too crowded.

Anryze wants to do speech recognition?  They want to compete against Google?  Good luck.  And the need for a new coin to do this is not compelling.



I agree about Auctus. Pension administration is a great use-case for the blockchain, but it's a market that'll be very difficult to enter. Not only are you dealing with corporate clients, but you have beneficiaries that are counting on their pensions and/or 401ks for their retirement. The optics of having a startup manage this process for you will make it a very tough sell.

I also know for a fact that one of the largest pension funds in the world is already exploring the blockchain for administration purposes. I don't know what their specific solution is, but I know that their risk/compliance department would have issue with utilizing a startup.
519  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: September 24, 2017, 11:34:30 PM
An important reason why Amazon won't be accepting Bitcoin anytime soon is because a lot of their sales come through 3rd party sellers.

So, even though Amazon is the sales platform, you're actually buying from an independent seller and Amazon is just handling the order processing (and sometimes fulfillment). This means that individual sellers would have to sign on to accept Bitcoin.

Just managing this process and dealing with all the complaints from sellers who aren't happy with the BTC/USD rate at the time of sale thinking that Amazon screwed them somehow would make this a nightmare for Amazon. Amazon only disburses money to sellers every two weeks, so you could have sellers who sold a product when BTC was at $4,500, but it's at $3,500 by the time it gets disbursed.

The technical implementation wouldn't be as easy as just adding another payment option, so I'd be willing to bet everything I have that they won't be accepting BTC anytime soon.
520  Alternate cryptocurrencies / Altcoin Discussion / Re: Celebrity Endorsed Cryptocurrency on: September 24, 2017, 11:52:05 AM
Stox: Floyd Mayweather, Luis Suarez
Centra: Floyd Mayweather
Cobin Hood: Jamie Foxx.
The Game (Rapper): Paragon
Max Keiser: Maxcoin

Whats your take on celebrity endorsements with the crypto world? Do you think it actually helps? Question is how many fans actually know and care about crypto to actually invest??

First, it's a sign that ICOs are raising too much money. Having celebrities like Mayweather promote your coin can't be cheap, so if companies are able to afford this, they've raised MUCH more than they need to actually launch their business.

It'll also catch the attention of regulators and put more pressure on them to regulate the market.
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