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Money grab.
Better get some semux instead. Real development, no bullshit.
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Interesting. Any mining launch or airdrop or just another i-had-an-idea-for-cash lame ICO money grab?
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Don't really see anything new in this coin? What can it do? What problem does it solve? Otherwise it will just go on the heap of other clones.
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Awesome work devs. The project is looking good. Nice price increase this last week. Will be trading at $10 before we know it.
Increase of a few cents and $10 is a huge difference. But as said before market often surprise us... cause it's the market (also because market like good news). Right now I hold them, and I'll till follow devs. $0.2 -> 10 is nothing new in crypto |
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Awesome work devs. The project is looking good. Nice price increase this last week. Will be trading at $10 before we know it.
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Any plans for large number of transaction tests? Lets try to break 10,000 transactions per block!
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Just read the blog entry. I think it is just about exchanges not getting tons of rewards for their coins. So they need to update their idea, so only human token holders get rewarded. That's it. This is good news for me.  No. It's about no one getting dividends. They are not paying dividends on any PAY tokens, exchanges, "humans", gorillas. |
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It's gonna be huge.  Wagerr will be gigantic. Like their approach. |
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Aaaand the price still goes up... ... On mega low volume and nearly all market depth (on bittrex) is gone. Cool "project"? I feel too much like a bag holder. |
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this!
I think, the TX management will improve until the end of the RC net - and we will se 10000TX/30s, which is nice for the beginning
That would be an amazing tx volume capability for Semux. 10k tx/30sec block is very much achievable. With the ongoing optimization with the memory usage and more stable validators we are not far from achieving this. We need to buy the devs some beer! Let me know if I can be of any help with testing. |
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Why I think Semux has a BIG future: - BTF algorithm with transactions becoming permanent after just a single confirmation
- Very high transaction throughput, currently tested with 5000 transactions a block every 30 seconds!
- Is going to have a VM with smart contracts etc.
- Very good distribution.
- has an excellent development team
this! I think, the TX management will improve until the end of the RC net - and we will se 10000TX/30s, which is nice for the beginning My guess is that it can scale like that if delegates are on high speed connections and fully connected with direct TCP connection communication channels. This is probably going to happen when SEM is at $300  |
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As shared by us on multiple occasions, this structure is to ensure that PAY tokens are widely accepted for trading on as many reputable crypto exchanges as possible.
Trading at zero!!!! This is just the type of problem crypto was invented to solve. TenX, your project sucks and you've left your ICO participants as bag holders. Expect class action. |
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JULIAN SPEAKS:https://blog.tenx.tech/tenx-pay-token-structure-update-4f19be727870Crypto exchanges seeking to list the PAY token and those on which the PAY token is already listed have requested for some clarifications on the PAY token structure, which were essential for the listing of the PAY token. As we believe that the information we shared with them is also relevant to our community, we would like to list some summarised points below: Crypto exchanges are not registered as platforms that can trade securities and other regulated products, so they need to ensure that every token or digital asset which they accept on their platforms is not a security or any other type of regulated product. For the overall industry, such due diligence efforts are part of a positive process that will bring more transparency and discipline to all market participants. To date, PAY token holders have not received any reward of any kind. The PAY token was never intended to be a security or any other type of regulated product. To further improve its features, we are undertaking a review and update of its current structure and no rewards of any kind will be distributed to PAY token holders under such current structure. The finalised terms and conditions in relation to rights of PAY token holders and the membership and loyalty programme, based on the updated structure, will be made available to you soon. Such terms and conditions will clarify that the PAY token is not intended to constitute a security or any other type of regulated product (such as an investment contract, debenture or unit in a collective investment scheme). For a token not to be seen as a security or any other type of regulated product, there must not be any expectation of any receipt of investment returns by its holders. Therefore, we would be unable to provide any assurance that any rewards will be distributed to PAY token holders even under the updated structure and PAY token holders should not expect to receive any rewards even under the updated structure.As shared by us on multiple occasions, this structure is to ensure that PAY tokens are widely accepted for trading on as many reputable crypto exchanges as possible. The updated structure will keep crypto exchanges from receiving any potential rewards from PAY tokens, because such exchanges are not intended to be members of the membership or loyalty programme envisioned by us. We are doing our best to complete the update of the PAY token structure as efficiently and quickly as possible with our legal advisors, and will provide a further update with more details when we are ready. We will update you with a blog post followed by a YouTube Q&A. We are confident that you, our community and PAY token holders will love the updated structure of the PAY token with the additional features. We hope the above points clarify any existing uncertainties surrounding the PAY token for our community and partners. TenX should refund PAY holders as they have reneged on their promises from the ICO!!! WTF... when they do ICO they say they pay dividend... now they say "no promises". What a joke. Now they can either refund PAY holders or face a class action lawsuit! |
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If the PAY token will not generate income, it is worse than it already was. It was overpriced IMHO but without income derived from it, it would serve absolutely no purpose. If paying dividend is problematic the TenX team’s only viable option seems to convert the PAY token from cash flow generating to a real token use. That means: offering services/products exclusively against payment of PAY tokens or let it wither away as a kind of magic the gathering token without real purpose.
I would appreciate other thoughts on how the token could be made useful.
It could have been useful, but TenX are afraid of legal issues so have not pay the promised dividends to PAY holders. So now it is useless and getting delisted because even exchange operators are afraid of legals saying PAY is asset not blockchain. It's a good idea, so if legals clear up we will consider TenX again. |
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Distractions! They talk about everything, except why TenX is not delivering on promising to PAY holders.  Unfortunately hodling just because Julian is a "smart guy" is not enough, because Julian cannot code himeself. Always remember what this market is really about. It's about an anonymous hacker named Satoshi and blockchain technology, not a centralized card payment service that's afraid to pay dividends to PAY holders and covers their own ass instead. We still think TenX has some promise, but it's uncertain because of regulation and we cannot recommend TenX until Julian gets the legals sorted out. |
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TenX has recently been delisted from ShapeShift and Changelly exchanges.
changelly still listed, stop fudding man  Cool, but it was delisted for the last two weeks and is delisted from ShapeShift. Not a good sign. At the end of the day, tenx is not a decentralized blockchain... it's a company. Something to think about. |
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I'm a long time TenX supporter, but getting nervous to be honest. TenX has recently been delisted from ShapeShift and Changelly exchanges. Only real exchange left is Bittrex, but volume is drying up.
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1 BTC = 5 SEM?
You're not paying for it. It's distributed freely to any holder of BTC without them having to pay, similar to how Clam was done. And as stated 0.05 BTC balances will get rounded up. Actually I think clam only gave something like 3.14 clam per BTC. The number really doesn't matter since it's free. This is a extremely good distribution model because, like a fork, Semux instantly get a very gigantic distribution and userbase. Smart idea! Nice job devs! |
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Its not "if" ETH hits 1K, it's when ETH hits $1k, and then on to $3k and so on. Ethereum has an amazing roadmap. Nothing can erase the fact that this is the future of money.
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I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already? Hey aoluain, TenX does not give out the numbers. I think they gonna do that when they hit a big milestone. Giving out numbers would lead to false assumptions - some people would not understand the numbers and the growth that will come over the next time periods. In the latest video TenX told us that they send like 500 cards out into the WaveCrest European Zone. I am kinda sure they send way more than 17,000 cards out already - but this is just a personal opinion. Not giving out numbers is keeping investors in the dark. Shady! |
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