Here are some news.

I have contacted 5 exchanges to ask them how do they process to calculate the price of a token, since they do not communicate through any transparent protocols with each other and basically are at war to get the most customers.
None answered.

So it seems that the transactions between the contract and customers directly are not taken in account, which is weird, but that's my understanding. This asks me to change the description of the project and adjust some parameters.

I have made a tool to check the gameplay with different parameters: [http://10x.bz/n669.php] (http://10x.bz/n669.php)
Based on the result of this simulation, the new business model would be like this:

The Lottery redistribute x5 (and not x10) for starting, and maybe distribute more if the reserves reaches the point where it is save to increase the distribution. Which is way safer, and needs a little bit of ETH to secure the bank.
50% of the benefits would be reinvested into Advertising, 50% would be sold in an exchange (HITBTC is my favorite one) at market price (this can be adjusted if there is no need of this advertising budget).

Every dump will be advertised as a bonus event for the traders on the website with a countdown. I would use the exchange API to do the sale.

Any feedback? Check the simulator to see what parameters are best.

To resume, what would change is:
1- redistribution to the winner = 5 times / was 10x before
2- the winner receive tokens, he can resell them anytime but it does not show as a 0.1 ETH  / token purchase (the exchanges are not able to do that). So I need to rewrite part of the description both in the website and the white paper
3- the threshold to run the game will be extremely low which guarantee that ICO or not, the game will run.
4- the benefits of the games are splitted into advertising and buying the token at market price.

Something is happening right now that can kill Bitcoin BTC.

BCC announced that they have lowered the difficulty of their algorithm.
The consequence is that now it is more profitable for miners to mine BCC than BTC.
20% of the Miners moved to Bitcoin cash!

If it continues like this, Bitcoin may become unusable. Transactions will become impossible or very long.

Bloody times are coming. I have moved all my assets in fiat, waiting to see what is going to happen. If Bitcoin Cash wins, it will be a tsunami comparable to the bubble of the techno in 2000.

What do you think?

 

BTC has become a threat to the fiat currencies.
Before the USD was the obvious solution for the International exchanges which leaded to power abuses with sanctions, and infinite debts.
Since BTC is becoming so popular, this emerging currency becomes a possible competitor to the USD and it had to be stopped by the banking mastermind, otherwise their banking system might fall apart and become obsolete.

In my opinion BTC is no more a decentralized currency, since the miners are controlling it. The miners are some kind of barons, but who controls the barons?

Because Bitcoin has become a large part of the investments in China and other's East Asian countries, it is not acceptable that Bitcoin become an American puppet, it would give the power to control the Chinese economy remotely, hence the reason of the creation of BCC.

BCC is a largely improved Bitcoin, so I like it because it is more sustainable for the future. It is the "GOLD" of crypto.
BCC is obviously sustained by some states who have some macro economic reasons to sustain it, so there is no reason for it to fail.

ETH is not in the same league. With it smart contracts it allows anyone to create applications, and this will will bring the use of Crypto currency to the regular dud, though credit cards and other contracts powered services.
With ETH all the banking, insurance, fret services are being re-written but without using the current banking system (controlled by America).

The banks/insurances are becoming obsolete.

So I think that BCC and ETH are the future, while Bitcoin will be the victim of its popularity and the greedy sharks from the USA, eaten alive at whatever sauce. The banks are going to play with it to make money and the end users is going to be screwed.

It is my personal vision of what is happening.

Problem:
During the course of my 10X smart contract I have realized that there is a problem with the Exchanges, with the pricing and no transparency about the transactions themselves.
The price on one exchange can be different from another at the exact same time.

I have contacted HITBTC, Poloniex and Yobit about this issue and asked them how do they determines the price of a token at a given time. No answer so far.
My understanding is that everyone does what he wants, using another API to adjust the price maybe, who know?

Solution
The idea is to create a smart contract free to use by the exchanges so that they can monitor all the transactions and these are visible for everyone. And for each transaction sent, they receive back the current price of the token.

So here is how I see the process.

1) the exchanges must be registered into the contract so that everyone cannot send s*h*i*t into the system and create a mess. Only the specific addresses from the exchanges can change the blockchain and record transactions.
2) for each buy or sell, they call the contract function
[contractaddress].buy(value,address_source,address_dest,contract_address) return(contract_address_current_value)
or
[contractaddress].sell(value,address_source,address_dest,contract_address) return(contract_address_current_value)

This way, they always have the real current price all at the same time.

The contract memorizes into the blockchain each transaction and the time of the transaction and all the transactions can be searched and seen from the contract publically.

What do you think guys?

I have noticed that sometime, the price can be different from one place to another.

So here is my question, how the exchanges are dealing with the global price of a token? Do they have an API or they are using the API of each main exchange and their own sauce?

[https://hitbtc.com/exchange/XAUR-to-ETH](https://hitbtc.com/exchange/XAUR-to-ETH)

Can anyone explain how it is possible to make money with this token?

Check the supply of this thing.
[https://hitbtc.com/exchange/ZEC-to-ETH](https://hitbtc.com/exchange/ZEC-to-ETH)

Anyone can explain me the purpose of trading this thing?

BItcoin is everywhere in the press, the banks are pushing it, be worried about this.
The banks have no interest in the existance of the crypto. So if they put their money into Bitcoin, stay away because they are going to crash it one day.

Ethereum is the money of Asia. There are 4 kind of people who are pushing it.
- The Ruskovs (Russians)
- The Vikings (East Europe)
- The Samurai (Chinese, East Asia)

Bitcoin is backed by the old fiat masterminds
Ethereum is the revolution.

[https://hitbtc.com](https://hitbtc.com) try this website, I use it daily, it is good for day trading.

Bitcoin is too expensive. You cannot do any short time large profit. It is like investing in Apple or Microsoft.

Ethereum can double in and the altcoins are a way to do day trading and really make 100% every day on your investment.

Ethereum with its smart contracts is the future. Bitcoin is crippled by conflicts of interests, and greedy people. It is the most popular because the banks wants it, the press wants it, but in practice, Ethereum is more adapted to fit the real world need.

For your wallet the best is [https://www.myetherwallet.com/](https://www.myetherwallet.com/)
You can also use Metamask if you want, but it is not a really wallet, and I am not confident.

About trading [HITBTC](https://hitbtc.com) is for me the best platform. There is all the tools and it is fast. Since I am there I make money.

I am an experienced programmer and when I read that you will let some kind of AI manage money, I am quite worried.
Is this project open source? Where is the AI source code for an audit?

This is looking promising but there are some weird statements in your products.

1) you try to explain that doing a full node implementation in C# is a technology advancement " C++ skilled engineers are in short supply in the corporate world, which tends to prefer higher higher-level languages like C# or Java".
First, C# or JAVA are not higher level level languages compared to C#. They both have the same functionalities. C# is about 10 times slower because it is a byte code language (like compiled basic) and is parsed at execution (if not jitted). And C++ is compiled in machine language. You can read why Unreal (UE4) engine is the fastest game creation engine and they use C++ for that reason. Unity who is a competitor is using C# and is barely usable on large games because C# is so slow.

2) C# can be reverse engineered very easily and publishing C# without obfuscating it is like giving the source code.

I understand why C# integration is a better solution to find cheap and plenty engineer but saying that C# and Java are higher level languages is simply not true. They are more portable, because they do not need to be compiled into language machine and they are using a bytecode that is CPU independent.

 

 
Smoking too much pot leads to these kind of ICO... enjoy the trip!

 
Is this real?

You need to check how others are doing and try to respect the same rules when announcing. Don't be lazy!

Great job, keep up the good work 

  Welcome to the crypto world... I am always worried when I see sales, pre-sales etc. I don't think that coins should be sold like carpets.
I buy on the market, not at the ICO, not at presales, or you guys taking a huge risks.

Best investment is Altcoin... I can tell 

How the smart contract knows what cart is played, I mean technically?

Currently " Wartungsarbeiten / Maintenance mode"