I just read your article. And in General I agree with the arguments given in your article. Indeed, people are used to the huge amounts of money collected in the ICO. But now the situation is completely different and not only in cryptocurrency, but in General in all markets. Half a million is really quite a significant amount, which is enough to start the project. Especially with the traditional market going to shit. People are less likely to invest in risky assets like crypto Software based products do not need tens of millions of dollars. They need to code and deliver a project. Everything else can be added as they grow. Software no, but if you add the support, the legal aspect, the server cost, the licensing cost, the innovation cost etc. finally you end up to need few millions  Not to mention the liquidity! The more an exchange have its own liquidity, the more it makes money. |
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mber and than will be pause until March and main sale? Why ICO planned for MArch as kost of people expecting market grow in January?
Hello, https://medium.com/@jarvisedge/announcement-changes-to-bounty-and-extended-pre-sale-d902ad280c5A lot of people asked us to wait 2019 because they will earn a "end-of-the-year" prime or something similar. January is often a good month for stocks market, not sure for crypto Anyway, we have decided to extend the presale period for a month to let the one who wouldn't be able to join us in december, to do it in january. Then, why March, well we want to make a pause in the fundraising process, to focus more on the product: running an ICO is very time consumming and take most of our ressources. We would like to launch a product, even in beta, to announce all the partnership we are not authorized to mention at the moment (they all want us first to launch something, even a mobile wallet). Beta version will be launched in March or early? It will be launched until the end of pre-sale or no? I want to participate as well, but want to see for a product before investing too  We did not hear anything about the platform to be launched any specific dates about it. We wait to have to wait until they release an announcement from them. Whether they will release the beta platform before the crowdsale or not. The platform will be launch step after step; the beta will be launched at the same time as the exchange, but you will need to wait few months before to have almost the full featured platform. |
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The competition of better and more user friendly and less expensive is really getting high on the crypto market which is a good thing, now user's will have so many good options among the available to choose from like wise project will find it much easier to get listed some how Jarvis is one great exchange project and will definitely own it's place in this industry, i like the idea. Yes, most exchanges compete on: > UI (but they all propose the same UI) > fees > offering (vaste array of crypto) > support > liquidity > security For me this is not a good competition; I mean, every exchange will propose the same thing, killing innovation, and we will end up in the same market as smartphone: they all look the same, and the only way to gain new market shares is to propose better price or better camera, but that's all. It is a very boring market... This is why we do not compete on that; dropping fees? OK let's do it... a good support? OK let's hire... a good liquidity? Ok let's partner... a good security? Sure, let's do it... Jarvis value proposition is not this; it is a multi-asset hybrid exchange, with a wallet that can support Dapps access, leverage from open API partners app, and supports fiat, crypto and token. So it is a Revolut App from where you can access thousands of other apps and dapps, and from where you can trade or invest on several market.
It is revolutionnary in the user experience in many way. It is like having Saxo Banque, Coinbase, Zopa, Amazon, etc. accessible from your Revolut account... and helped by an AI. It is developper friendly. It has a token which is distributed to incentivize people joining our network, and creating value. It is done by passionnate people. It can have an impact on people's life; as soon as you give the proper tool to help people investing, trading, managing their money, and you give them a proper education, then you change how the world think and works. Jarvis is not just an exchange; it is a lifestyle. It is also a way of doing things. We want our client to become better, smarter, and for that, AI, education, is one of the key! |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look  It is not an advice, it is just my personal analysis This is the way whales manipulate price in market. From your analysis, the chart, and your opinion, recoveries have been determined strongly. More things to come after Christmas. It seems like there are beginners who try to be magicians from the North by carrying a magic wand and then reading the cryptocurrency market and pricing. LOL Either the Whale or whatever, still, cryptcurrency is unpredictable! No one can predict any market actually This is why in trading we make plan, not prediction Plan means what you would do if a scenaro A B or C is happening Some updates on BTC and ETH for the one interested :Again, these are personal opinion, not an advice, not an analysis meant to be followed, not a advice for invest or no, buy or sell Only trade with the money you can afford to lose, and do your own analysis   |
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I saw the screenshots and they are pretty amazing. But, I am curious to know more about how bitcoins can be sent to an eth address?
Not that complicated, few wallets can implement this quite easily by integrating the ShapeShift exchange. So how to do? Pretty easy actually. User send BTC to an alternative address. When BTC are received, they are converted into ETH, and ETH are sent to the recipient address. It can be long, so to make it faster, and to make it instant, we use again the famous escrow function. BTC are held into escrow, a BTC/ETH rate is kept during the tx (a bit less than the exchange rate). Since BTC are held into escrow, some BTC are borrowed to a LP, which will exchange it off-chain for ETH, and send the ETH directly to the recipient Then, the clearing happens. And voilą ! Strictly speaking, the answer would be wrong, because it's impossible to send BTC (directly) to an ETH address  True  even if some project like WBTC or UPT are working on it (tokenized BTC). |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look So always sell BTC for Jarvis? No his not telling to sell but to invest it on jarvest and avoid losing a lot if bitcoin falls down again because jarvis offers a revenue sharing with its holders. What makes you so sure Jarvis won't fall down once it's listed? Best to spread I'm not sure about the reward distributions of JRT, or what rewards are running now, but an initial drop should always be expected when working with bounty hunters, I would use this strategy a little later The token will be listed only on our exchange for a long time, so bounty hunter will be forced to use our exchange for selling the token; so even if they come to our exchange to sell JRT, then it creates a bit of value; I do think we have more than 20 000 participants (I don't have the exact number) so theoriticaly, 20k people would need to open an account with Jarvis prior to sell their token. Then, depending on the ICO and some deals we could have, OTC trading, darkpool, would be possible, so it allows to sell/buy the token without public orderbook. |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look So always sell BTC for Jarvis? No his not telling to sell but to invest it on jarvest and avoid losing a lot if bitcoin falls down again because jarvis offers a revenue sharing with its holders. What makes you so sure Jarvis won't fall down once it's listed? Best to spread I am not sure, I am not the market; JRT will fall, rise, fall, rise, it does not matter actually. What I know is that we will do our best to show that the token have a great value and need to be kept, nice communication, launching the token AFTER the product, etc. and find all the way to incentivize people to keep their token (like airdrop of anotther token we will launch, based on the amount of token you have). Plus, even if the token drop too much, we will redistribute enough value to token holder so that even wit ha drop of 20, 30 or 60% it is still more interesting to buy the token during the ICO. But we will not be able to control the price; in the traditionnal world some stocks can be suspended to do not allow anyone to trade, to avoid to big fall. |
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I saw the screenshots and they are pretty amazing. But, I am curious to know more about how bitcoins can be sent to an eth address?
Not that complicated, few wallets can implement this quite easily by integrating the ShapeShift exchange. So how to do? Pretty easy actually. User send BTC to an alternative address. When BTC are received, they are converted into ETH, and ETH are sent to the recipient address. It can be long, so to make it faster, and to make it instant, we use again the famous escrow function. BTC are held into escrow, a BTC/ETH rate is kept during the tx (a bit less than the exchange rate). Since BTC are held into escrow, some BTC are borrowed to a LP, which will exchange it off-chain for ETH, and send the ETH directly to the recipient Then, the clearing happens. And voilą ! |
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Hello guys!Almost everyday we are running a small contest on our Telegram, for 25, 50 or 75 tokens depending on the difficulty of the question. I will post here all the answers, and if you want to participate, please join our Telegram : https://t.me/jarvisexchangeThe question of the day was:"In the "sending" screen, what is the role of the "BTC" logo near by the recipient field ?"  Thanks to the Jarvis Exchange in the backend, you can chose sending BTC to an ETH address 
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I appreciate your effort to draw that chart but I don't sell Bitcoin for anything. Jarvis is an interesting project because of its features and that's why I am around here. I will pick up JRT once it will be available on exchange with fiat money. Investing in exchange is best hedge against volatility I do agree with you. How much has been raised by the way so far as no open statistics so far.
It is already since the beginning of the ICO TGE that one can buy JRT, against local money. And, take advantage of the 30% bonus until December 23rd! After that, the ICO will be held in March from 20% in the first week. Enjoy, because the more you have, the higher the income value will be ! So pre-sale will be finished at 23rd December and than will be pause until March and main sale? Why ICO planned for MArch as kost of people expecting market grow in January? Hello, https://medium.com/@jarvisedge/announcement-changes-to-bounty-and-extended-pre-sale-d902ad280c5A lot of people asked us to wait 2019 because they will earn a "end-of-the-year" prime or something similar. January is often a good month for stocks market, not sure for crypto Anyway, we have decided to extend the presale period for a month to let the one who wouldn't be able to join us in december, to do it in january. Then, why March, well we want to make a pause in the fundraising process, to focus more on the product: running an ICO is very time consumming and take most of our ressources. We would like to launch a product, even in beta, to announce all the partnership we are not authorized to mention at the moment (they all want us first to launch something, even a mobile wallet). |
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I appreciate your effort to draw that chart but I don't sell Bitcoin for anything. Jarvis is an interesting project because of its features and that's why I am around here. I will pick up JRT once it will be available on exchange with fiat money. Investing in exchange is best hedge against volatility I do agree with you. How much has been raised by the way so far as no open statistics so far.
Hello, to get the stats you should open an account with tge.jarvis.exchange. But to save you time: 40,381 USD has been raised so far during the 4 weeks of the presale. $0 have been spent in marketing (no PR, no ads, etc.). |
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I appreciate your effort to draw that chart but I don't sell Bitcoin for anything. Jarvis is an interesting project because of its features and that's why I am around here. I will pick up JRT once it will be available on exchange with fiat money. Investing in exchange is best hedge against volatility I do agree with you. How much has been raised by the way so far as no open statistics so far.
It is already since the beginning of the ICO TGE that one can buy JRT, against local money. And, take advantage of the 30% bonus until December 23rd! After that, the ICO will be held in March from 20% in the first week. Enjoy, because the more you have, the higher the income value will be ! When "local money" is said, which currency are you referring to? It should be taken into account that we are in many different locations, and in my country, for example, I do not yet have a quick crypto / local currency integration. Would it be USD and EUR, or any more available? Hello So at the moment, you can send us EUR, USD, GBP, CHF, etc. any currency is a accepted by wire (we take the fees on our side); by card, using changelly, or another similar website, you can buy using EUR or USD. |
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actually, the market is too variable and oscillating, maybe it's better to wait and buy jarvis tokens when they are listed on exchange with fiat
If people will recognize the potential of Jarvis then you will get less tokens for fiat later on for sure especially with the current bonus. But if we stick to the trend that exists today, then I think it will be the opposite. I mean what is happening now. And bonuses for early investors did not save from price reduction in the market, in many projects. Therefore, this is an assumption. Very true! Bonus does not help a lot since after an ICO, tokens has lost a lot... so bonus does not really count anymore. However, we are preparing an article for january that shows that depending on the bonus, it is still more interesting to buy during an ICO. Bonus does not only mean "30% more token". It can also be more revenue (as example the revenue pool we are doing for ICO participants); it can be reduced fees, higher referral, etc. You can give a lot of value to ICO participants, that someone who will buy on an exchange will never get. |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look So always sell BTC for Jarvis? Well we are still in a good zone Of course you can wait to buy JRT when BTC is higher, if it goes higher (nobody can know the future). Oh, i'm surprised how many reactions the post has caused. I thought of it as a funny graphic and not so serious. (at least for today ) Actually it was a funny graphic with a serious analysis The plan to sell worked so far, with a trading setup (double bottom). But the plan was serious |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look So always sell BTC for Jarvis? Well we are still in a good zone Of course you can wait to buy JRT when BTC is higher, if it goes higher (nobody can know the future). |
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To tell people to sell their BTC for a Jarvis reward token that pays rewards based on the revenues of an exchange that hasn't launched yet is irresponsible. Even after it does launch in March of 2019 the planned licensing from the EU is not scheduled for 7 more months after that in Q4 of 2019. So if someone were to sell all their BTC for Jarvis tokens now or in January, how does that move hedge anything and what security is offered by Jarvis that Jarvis tokens will be worth enough to hedge a move like that? This comment was not very well thought out. I'd suggest some damage control.
Thank you for your feedback; the point was for people who want to participate in the ICO and were waiting the best moment to buy JRT with their BTC We did that just before the drop, some private sale contributor sent us ETH and BTC just before the triangle broke So they have maximized their JRT buyings. Here is the same, we do not give any advice, I just say for the one who wants to buy JRT during the presale, the red area are the best zone But it is not an advice to buy or to not buy, to invest or to not invest, to sell or to not sell |
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Guys, let me share with you a very good Technical analysis ! It clearly shows where BTC is going, take a look It is not an advice, it is just my personal analysis |
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If the dai worked when ethereum dropped from 1k$ to 80$ im pretty sure can still work even if it gpes down to 5 $
Yes because it was a long drop Not sure what will happen if a flash crash happen. But still, when it is backed by a crypto asset, risks are still high. |
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We raised most of the funds in the summer/fall 2017; a lot of this money has already been used for the exchange development, the software licenses we bought, the regulation / legal fees, + salaries of the team, developping prototypes etc.
But yes it was a very good start!
This was some private sale? How much funds were collected so far? And at which stage exchange development right now? Which job done already? It was a private sale, with 202 participants. So what we have done : Centralized Exchange backend: fully done Brokerage license: fully done Jarvis Trader v1.0 (Trading platform) UI: 40-60% done Jarvis Wallet v1.0 (Digital wallet): 30% done We have prototypes of BTC and ETH wallet, FX and Crypto trading platform. |
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