EDIT:contact fxcm, admiral markets, bafin (german regulaions) in progress. EUROPECOIN FINANCECLOUD API for FOREX is sparking into existence.
Matthias.
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UPDATEToday 18:00 first meeting of the Europecoin Financecloud FOREX team. After meeting more INFO about distributed tradesignals computing for FINANCECLOUD API
have fun Matthias
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Hi Matthias,
Thanks for taking the time to answer my questions and explain it in so much detail! It is helping me a lot to understand where you are aiming for.
When you guys succeed with the negotiations, i believe this is another milestone (along the many many milestones you already achieved).
Wish you and the team a lot of success and thanks again for your prompt and open communication.
Yes, thank you for your interest. I agree. Though the FINANCECLOUD CONCEPT would be more than groundbreaking without the FOREX trading option, this FOREX partnership would be more than "yet another feature" for us, because it solves multiple challenges in one single shot.
1) Nice featue (a "wallstreet quality" automatic trading cloud) 2) a nice economical option to earn by mining 3) another possibility to give EUROPECOIN a central role in this environment
and for me the most important: ' 4) own licensing and gateway to FIAT for the payment gateway, SEPA gateway and the Point-of-Sales function.
the partner is a friend since three years and we are in constant contact. So i witnessed also his development from scratch. We are not buying into a "black-box" relationship and i feel, there is a good chance, we will get this done
have fun Matthias
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Hi Matthias, Correct me if I am wrong. But with using the above options with the FinanceCloud, it should be possible to transfer any CryptoCoin (i.e. EuropeCoins) into any SEPA account without any interference of the 'regular' banks? And by contributing computing power to the network, you can 'earn' tokens to cover the 'costs' for doing a Transfer from EuropeCoins to any SEPA Account? That would be awesome! And should make it easier for a lot of crypto newbies to use Crypto Currencies. Partly correct, But with using the above options with the FinanceCloud, it should be possible to transfer any CryptoCoin (i.e. EuropeCoins) into any SEPA account without any interference of the 'regular' banks? If you read the word "SEPA", there will always be a bank somewhere part of the process, because SEPA is owned by banks. However the user himself will not have to deal with them, because we are doing the work for him. But given, that anything, that happens in the background, is invisible for the user: For him, the transaction will feel exactly, as you described. This is true for ANY process in financecloud. Goal is, that users will just have to choose a target, without having to think about, how to get there. He does not have to be aware, if he is doing a SEPA, a Cross-Coin or a standard transaction. Same for Point-of-Sales payments.And by contributing computing power to the network, you can 'earn' tokens to cover the 'costs' for doing a Transfer from EuropeCoins to any SEPA Account? On the other hand, the token mining is related to the FOREX trading function (which is more a function for advanced users) Financecloud will possibly get a professional A.I. FOREX AUTOTRADER platform. If we are lucky, we will be able to do a direct connection from crypto to FOREX markets also. By mining tokens, users are contributing to a distributed computing network, that will run the forex trading algorithms. People from outside of the FINANCECLOUD will have to pay a fee, to be able to use the trading portal. FINANCECLOUD miners will be able to pay this option, by using their tokens. Given that these tokens will naturally be slightly cheaper than the regular fee, non miners will have also the possibility, to simply buy these tokens (exclusively for EUROPECOINS) to save some money..
let me summarize: - tokens are mined, by contributing computing-power to the trading network - people can pay for the trading service using FIAT or by using their tokens - people, that do not engage in mining, can also buy tokens from other miners,. - tokens will be exclusively traded in EUROPECOIN
HINT / STATUS
if you read closely, my last post has been a PROPOSAL, to discuss the concept. It has not been an announcement. However, the FOREX A.I. platform is already existing. It has been developed during the last three years, by one of our partners and is running successfully since about six month in an test environment (generating a 35% profit at 0.5% risk factor)
So IF WE ARE SUCCESSFUL with our negotiations, we will be able to develop the missing link to crypto and the distributed computing network. The development is not that difficult, because there are already similar distributed computing concepts out there, like CURE COIN and others.
Next step towards making this FOREX function possible, is a meeting with our fresh partner and to agree on conditions of our partnership. This meeting is loosely scheduled in six weeks and will be part of a larger tour, where i am visiting several partners and investors.
i hope i was able to explain this topic in an easy to understand way. If you are still unsure, feel free to ask.
have fun Matthias
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update today i did spend some time to complete the FINANCECLOUD to FOREX concept.
HINT we got our hand on an artificial intelligent trading platform for FOREX, including licensing and gateway to FIAT (ANY currency). We are now in negotiation about the partnership and we are constructing a distributed computing concept, to run the software inside of our cloud network.
So here is my take
1) we will get a tokenchain into our cloud, that can be used for any reward purpose, that occurs inside of the network
2) tokens can be generated by contributing computing power to the distributed network, to run the trading engine.
3) tokens can be further bought using Europecoin via a direct function inside of the FINANCE CLOUD
These tokens then can be used, to pay tradingtime, when using the artificial intelligence
tell me, what you think
have fun Matthias
New Users, read more: https://goo.gl/J3UWzP
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update
in six week meeting in Augsburg.
Topic: adding direct FIAT and CROSS COIN FOREX access into EUROPECOIN FINANCECLOUD API and integrating an AI-trading software, that can be accessed by mining.
New partnership is a group sponsored by MIG investment group
If this turns out fine, we have solved the hardest part for our payment gateway at the same time.
have fun MatthiasNew Users, read more: https://goo.gl/J3UWzP Nice post thanks for your hard work and also keeping us updated, cant ask for much more than that. Fishthank you very much Matthias .
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update
in six week meeting in Augsburg.
Topic: adding direct FIAT and CROSS COIN FOREX access into EUROPECOIN FINANCECLOUD API and integrating an AI-trading software, that can be accessed by mining.
New partnership is a group sponsored by MIG investment group
If this turns out fine, we have solved the hardest part for our payment gateway at the same time.
have fun MatthiasNew Users, read more: https://goo.gl/J3UWzP.
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UPDATE Talks with our Multicurrency ElektrumX Server module developer. He is starting to understand the concept and progress is happening. This was the only module, i was having some uncertainty, so congrats Jan.
Olaf is busy connecting the chosen processor to our hardware encryption unit. When he finished (in 30 day's) the layout will be produced. We had to use a professional facility, to be able, to build the five layer circuit board, which will be ready in 60 days from now.
On success, we will have our final model for the product.
Then i will visit the internet-of-coins team and will exchange some informations, to start connecting and integrating our modules into the cloud.
Last step will be to get an Interface builder on board
We are about four weeks ahead of our schedule. I love it.
have fun Matthias New Users, read more: https://goo.gl/J3UWzP.
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REMINDER:There is a place, to get in touch with us quickly
JOIN ON TELEGRAMits fun Matthias
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UPDATEsome feedback from our lab in Portugal:Hi to all from the hardware department in Portugal.
From this week on we begin developing the pre-series electronic board for the new financecloud api device.
From the experiences we made with the first prototype we now know which components we want on the board and will start the schematics now.
This is scheduled for 25 working days to then turn into the phase where the actual layout of the board itself has to be done.
Layout is scheduled for 30 working days before we can have a first pre-series unit produced.
This is a very exiting product and we hope you all enjoy the updates here.
With kind regards from Lagos
Olaf. have fun Matthias
New Users, read more: https://goo.gl/J3UWzP.
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Now some serious words, apart from self promotion.
In fact i feel sorry for those in fear about authorities. If this world would be perfect, these people would not even know, what the word "authority" means.
So please read closely. Though we, at Europecoin, are passioned to build a better future (and we will), this revolution is not about us, nor is it about Bitcoin.
It is about YOU! In the history books of your children will be written following description about our time:
THIS IS THE AGE OF LIBERATION THROUGH DECENTRALIZATION
This is not only a revolution for finance, its a revolution about ANY aspect of social organization and topology. This is the core of everything and this is UNBREAKABLE.
Trust in that and you will never fear again.
we are living is exceptional thrilling times focus on enjoying it and have fun Matthias
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I love that attitude! Besides that... it couldn't be more true :-) thank you so much have fun Matthias .
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Now some serious words, apart from self promotion.
In fact i feel sorry for those in fear about authorities. If this world would be perfect, these people would not even know, what the word "authority" means.
So please read closely. Though we, at Europecoin, are passioned to build a better future (and we will), this revolution is not about us, nor is it about Bitcoin.
It is about YOU! In the history books of your children will be written following description about our time:
THIS IS THE AGE OF LIBERATION THROUGH DECENTRALIZATION
This is not only a revolution for finance, its a revolution about ANY aspect of social organization and topology. This is the core of everything and this is UNBREAKABLE.
Trust in that and you will never fear again.
we are living is exceptional thrilling times focus on enjoying it and have fun Matthias
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I was holding 20K ERC but after the news about SEC, I sold because I think than ERC will be affected directly also coins about of Exchangers, traders and anonimus trader. My understanding was that the SEC was only talking about ICOs. Where do you see Europecoin touched by this? Erc will be affected inderectly because anonymus trader and exchangers will be regulated If ERC would be affected, ANY cryptocurrency would be affected, so where do you want to go? Into FIAT?? Well FIAT is the only form that IS ALREADY affected by SEC, FED, IWF and and and .... (all the time).
But if they will target anonymous exchanges: We are not such an exchange AND Bittrex isn't either, so this can't have an direct or indirect effect for ERC. We are not even an anonymous coin (by design and by purpose, there are enough coins, that are great in dealing with anonymity, we are serving a different task)
And finally, we didn't have an ICO either and we don't like ICO's. That's, why we did our (just successfully finished) funding for FINANCECLOUD API, via angel investors. Since this week, we are having an independent business development partner in Frankfurt and are building our environment according to the law, with the help of professionals.
but anyway: THANKS FOR THE CHEAP COINS lol
have fun Matthias
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ERC is neither a trader nor an exchange...
correct!
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O.K. I just planned our campaign, to start, as soon as the Market starts recovering. I feel this will be a point, to achieve a repositioning among all altcoins. Some will loose and others will take their positions. We will come with a new major paper, describing the nature, some technical details and the ready planned production cycle for our self-developed FINANCECLOUD DEVICE. This plan just has been completed.. I will start with a new video, shortly before the market recovery happens, as a warm-up.
VIDEO=Sunday (likely) or Monday
PAPER and campaign=is ready to go and will be fired up depending on market movements
have fun Matthias
NEW USERS, FOR INFO PRESS HERE
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Ping, follolwing this thread Great effort, feel free to contact me for help, if you like to add Europecoinand gain real twittersupport in return have fun Matthias
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I'm sorry, but my first impression of the website is that it's a mess. You know I've been here since the beginning so you probably know that I'm not saying that only to be DICK. Maybe that grows on me, but right now I can't think any other way to describe it. Vlog itself was good: proper and businesslike. I guess that's expected from a german heah. I have to agree. The web site is visually overloaded. I would suggest to have fewer and smaller images, and to keep the structure as simple as possible with less animation more space around elements. Scale down the main left image, right now it only occupies space. On a general note I am impressed with the progress you have made. I have been away from active mining and community participation for a year or so, but I see you guys have been busy with some increadibly exciting projects! Way to go! :-) Yeah! I think that bugs me too. If I'd have just heard of ERC I'd obviously go to the website first. I would be overwhelmed by that visual, I wouldn't know where to click. At that point I certainly would appreciate that simple structure. SO, I need to critisize some of szene's comment of "it's just a website" too! It's a portal to access Europecoin and to some extent an advertisiment for it. I'm also impressed by the general progress, there's no denying that, and I think a lot of people are. From death bed to this - hell yeah. .. and I've no idea what made that update "pathetic"! Sounded more like a victory speech. some misunderstandings "just-a-website": didn't mean the value of a good website, but was meant as an encouragement to criticize it. I wanted to ensure you, that i see criticism as an contribution.. Of course the website is important (thats why i did a new one in the first place). Victory speech: Yes its quite difficult to communicate when having to be careful about some details, so sorry for the distraction, but trust me, there is more between the lines. Anyway I also said, that i agree with most of your Ideas about the website, just asked for some time, to react to it. I will hopefully be faster than i promised. have fun Matthias .
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