No I'm sorry I must have accidentally quoted your question, My response was in regards to the skepticism surrounding the business model for this project. From what I've heard HFW will confirm their interest in Cryptobontix. Collectively we were dealing with a matter of credence. I think at this point it isn't not a matter of validity, its a matter of working fruition. The sooner they get this thing started the sooner we profit from our investment.

NEW YORK, March 02, 2018 (GLOBE NEWSWIRE) -- Arbitrade, a leading Coin / Crypto Currency exchange, has announced the appointment of Mohammed A. Markatia to its Board of Directors.

Mr. Markatia, as CEO of 24Seven Technologies, joins Arbitrade with over 30 years experience in retail, distribution and information technology and a proven track record of conceiving, developing and implementing customized Point of sale systems for ISOs, indirect retail channels, corporate c-stores, telecom providers, mobile operators and money remittance companies. His innovative strategies and comprehensive solutions allowed international service providers to reach millions of unbanked customers globally.

He founded and operated PaySmart America, Inc., the first widely installed point of sale system for Prepaid Products and Services. PaySmart had an installed base of 10,000+ retail locations, delivering more than 300 SKUs for over 50 vendors. He conceived POS Technology used and oversaw the development work and founded and operated the TSI Group of Companies, one of the largest distribution networks for prepaid products and services in North America with a physical presence in 17 major US cities, reaching over 50,000 retail locations and several locations serving the larger Canadian markets.

In announcing the appointment Leonard Schutzman, Chairman and CEO of Arbitrade / Cryptobontix said he welcomes Mohammed to the Board of Directors. "He brings exceptional experience and a strong track record to Arbitrade. He is one of the most accomplished and successful individuals in the retail distribution of communications products and services. He is a proven leader and his addition will provide immediate benefits to Arbitrade in implementing its retail strategy.”

“Joining the Board of Directors at Arbitrade is a great opportunity for me as the Company is developing one of the most advanced coin exchanges in the world. I’m very excited to be part of this highly qualified and experienced team and looking forward to making a great contribution to Arbitrade’s success,” said Mohammed.

Mr. Markatia holds a Bachelors of Science degree in Engineering and a Masters degree in Business Administration.

ARBITRADE, through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading (The ARBITRADE Exchange) gift cards, debit cards, money transfer and Point of Sale processing.

The fact of the matter is, no one knows anything until the dust settles. Yes some of our initial inquires are coming to light and we will need more information for solidarity but until then speculating will do nothing. We are all investors, though some new we all have to consider the risks associated with being an investor. WE CAN LOSE OUR MONEY. Its the nature of sitting your ass behind a computer hoping others do the work and we take a share of the profit. Every Wall Street billionaire has done the same. Some investments pan out and some do not. Do your due diligence and make educated executions. The earlier the investment the greater the profit also greater is the risk of losing it all.... Take a look at your situation, if you cant handle the anxiety until this pans out I suggest Bitcoin as an alternative. Though I'm assuming most here have made a greater profit from alternative currencies. This is gong to be a highly speculative asset until it comes to fruition. A reasonable investor should appreciate negative criticism just as much as positive structure. In the end this is not our project and we have nothing to do with it other than take a profit but all reasonable investors MUST focus on facts. Incremental price changes have nothing to do with the principles of the project. Sharks are always going to eat, the fish that follow the sharks eat well also, they just need to be patient.

I don't understand what the problem is, there are other reputable companies that engage in the same business. This company is just the first to monetize by utilizing the convenient and global accessibility of crypto-currency as the underlying security. Its a reasonable proposition.

I think I first heard of the company below when the CEO was interviewed on Joe Rogans Podcast. Now that I think about it I remember him talking about a debit card that could be utilized for everyday transactions from the Gold that you own, Arbitrade is also working on the utilization of gift and debit cards into their platform.

https://www.goldmoney.com/holding-overview

 

Algorithms chasing Bitcoins rise and price stability on Livecoin. This is a HODL like no other HODL. No one can gaurantee the future but fundamentals are looking better than they were at 12 cents when the project didn't have a face. 

Holding steady after deployment, volume is increasing also. Wasn't there supposed to be a news release today and with the reduction in token supply wasn't the price supposed to reflect this or is the reduction still in progress?