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941  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 03, 2018, 05:51:32 AM
Not entirely clear what you want to say! You mean the fraud team? I just don't know what you're talking about!

I would like them to explain in full detail very clearly what they think the words "Halal", "Haraam", "Shariah compliant" and "non-Shariah compliant" mean according them.

I would like them to explain in full detail very clearly what they think makes other exchanges such as Binance, Bittrex, Poloniex, HitBTC and hundreds more either "Halal", "Haraam", "Shariah compliant" or "non-Shariah compliant"
If you ask such a question, then it is important for Islam. Perhaps the developers will be able to answer your questions. I can't answer you personally.
942  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 02, 2018, 07:56:16 PM
Well well, good thing I saw this and got some advice from a friend who is a Muslim. Most of what is written next is thanks to him so I cannot take credit for it....

Last year Halal Coin came on to the scene making all the right noises but it sank without a trace:

Halal Coin https://www.halal-coin.org/

Will this Halal Exchange go the same way as that Halal Coin?

Any exchange claiming to be Shariah compliant is no more no less Shariah compliant than most other exchanges.

It seems people behind Adab Solutions are trying to corner the Islamic investors market by promoting Shariah as its unique selling point but there is nothing more or less Shariah compliance in its format than that of most exchanges out there.

The process is virtually the same regardless of which non-FIAT exchanges people use and regardless of which FIAT based exchanges are used.

Non-FIAT exchange:
Customer sends crypto to the exchange and then converts to other crypto, buys/sells and withdraws to his desktop/mobile wallet

FIAT exchange:
Customer sends crypto to the exchange and then converts to other crypto, buys/sells and withdraws to his desktop/mobile wallet
or
Customer sends crypto to the exchange and then converts to other crypto, buys/sells and withdraws cash to his bank account

- Where is the Shariah compliant part in any of the above processes?

- Where is the non-Shariah compliant part in any of the above processes?


Will the OP actually explain which part of the processes of the exchange make it Shariah compliant by being Halal (acceptable practice in Islam, permissible) and which part of the processes of the exchange make it Haraam (not allowed or acceptable in Islam, forbidden)

Until or unless I see the evidence provided by from the "team" behind this exchange, from what I see the people behind this exchange are opportunistic trying to pull in investors from the Muslim community by not explaining to them exactly how their core business is Shariah compliant.

Please can somebody from the team post back here explaining the following:

- Which branch of Islam does each and every Muslim on the board/team of this exchange belong to (Sunni or Shia or anything else and which denomination of those branches) so it will allow investors to know if the people behind the project are in fact Muslim sharing the same interpretation of Qur'an and Hadith as investors or those that claim to be Muslim but have nothing about Islam within them. Which school of thought (Maliki, Hanifi, Sha'fi, Hanbali) does each and every board member and team member that claims to be Muslim actually follow? Or do they follow some other school of thought?

- Would you expect a Sunni Muslim following say for example the teaching of Imam Malik to invest in a project that is operated by your "team" if you are all Mirza Qadiani followers? Please write your reply. What are the "team" doing to make checks that the investment coming in will be from halal sources?

- If your "team" consists of for example Sunni Muslim following the teaching of Imam Abu Hanifa will you accept investment from followers of Mirza Qadiani? Please write your reply. If you accept the investment will your project remain Shariah compliant? What are the "team" doing to make checks that the investment coming in will be from halal sources?

- Why is the "team" having an ICO without making it clear that the project will never be Shariah compliant if the investors are using Haraam money to fund this project? What are the "team" doing to make checks that the investment coming in will be from halal sources? Please explain if accepting money from those sources will make this project anti-Shariah?

- What checks are the "team" making to ensure that those people who advocate harm against the Muslim community and promote Islamophobia are not funding this project? Please explain if accepting money from those sources will make this project anti-Shariah?


I can ask more questions to show you will not be Shariah compliant but please do reply to the above questions and prove me wrong, I will be the first to take my hat of to you and congratulate you.

Please also explain if your Bounty program will be Halal and Shariah compliant, if it will be please explain how? What will make it Halal. Thank you
Not entirely clear what you want to say! You mean the fraud team? I just don't know what you're talking about!
943  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 💰[ANN][ICO] CRYPTOCOIN INSURANCE - The first option exchange with insurance 💰 on: October 02, 2018, 06:44:02 PM

Somehow new coins will be added very slowly. It seemed to me that this would go much faster. There is not even worth offering your coin for placement.


I think that the developers were reinsured and wrote a time margin in the roadmap. In fact, they can add the ability to trade options for new coins much faster.

Add a new coin to the exchange is not so easy. It is difficult and long work. Perhaps this is why it takes so much time.
The listing process itself is not very long. Top exchanges charge a lot of money for listing. Now to get to the top of the exchange if such fees ico mildly profitable.
944  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀[ANN] CRYPTO-HR 🚀 - decentralized cryptocurrency HR database on: October 02, 2018, 05:49:39 PM
CRYPTO-HR is able to solve the most important problems on the crypto-currency market! Did not find information about Hardcap, how much it is, as interesting the nominal value of the token?!
I have not found one that is not the information about the hard cap. can't see even when ico starts! How can I buy tokens? The purchase button does not work. The road map doesn't say when the sale starts.
945  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 02, 2018, 05:07:18 PM
On the website you said that you want to achieve a capitalization of 2 trillion. I just can not understand how this is possible if at the moment the market capitalization of all crypto-currencies is 220 billion. Could it be a typo?
946  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 💰[ANN][ICO] CRYPTOCOIN INSURANCE - The first option exchange with insurance 💰 on: October 02, 2018, 04:56:46 PM
What currency is your token based on? Is this an ethereum token, erc20? After buying tokens, will they be blocked or will they be in circulation immediately? On which exchanges will the token be traded after the end of the sale?
947  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀[ANN] CRYPTO-HR 🚀 - decentralized cryptocurrency HR database on: October 02, 2018, 04:20:36 PM
I see the problem only in the language of the translation. Works only the main language is English, the other languages apparently still under development. I do not see here such a big problem, as the project is new.
948  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 02, 2018, 04:13:27 PM
Of course the situation on the market is very complicated. Investing now is risky. But earning now is also possible and with very good money. The main thing is to choose the right project!
The correct project in any case will give a profit but not a big one, and as a whole the situation is 50 to 50, you can gain a lot or lose a lot
I don't agree with you! Now you can just lose everything or make a big profit. At the moment, the market can both start to grow and fall even lower. We are unlikely to be able to change anything, we just need to wait and not do rash things.
949  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]Potentiam-The Blockchain Music Platform on: October 02, 2018, 04:07:54 PM
I've seen a lot of such platforms ... I think it will be very difficult for you with growing competition))
Well, there are difficulties in any business. It is necessary to understand the fact that even in a very busy market there is always room for a young and ambitious company.

healthy competition will only benefit the project
competition always forces developers to make a product better than others
if not, the project will die
I'll support, ambitions mean a lot, especially together with qualitative calculation and skillful developers.
I don't even know what will be the quality of the platform of these guys. All that remains is to wait for their final development.
What would not be a good project there are people who are not happy with something. Sometimes the world is so confusing. Someone will make a mistake and blame the developers.
the quality of the project and product created by the team can only be shown through time
and this product will withstand the competition, we will not see immediately, time and people will show the result
At least you need to make a huge competition in the market. Now there are many similar projects and the team has to make something new in the music world to gain the trust and demand from users.
950  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀[ANN] CRYPTO-HR 🚀 - decentralized cryptocurrency HR database on: October 02, 2018, 01:32:15 PM
This is something new, fresh and certainly very interesting.
But there are obstacles that need to be fixed, namely your site is not functioning properly.

Really have a little problem with the site. But for me the main thing is that the team worked on the project. The site can be issued and hire a less professional specialist.
Above the developers seem to say that there are some problems with the site. In any case, the sooner this problem is solved the better.
951  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 💰[ANN][ICO] CRYPTOCOIN INSURANCE - The first option exchange with insurance 💰 on: October 02, 2018, 09:30:08 AM
Some news. We made Chinese version of our website and some more. Please visit to check them all. https://ccin.io
What other languages are planned to be added to support? Since the more languages the more investors and potential customers.
We want to add German, Turkish in the next week
I take it you can act as a guarantor? And all transactions will be confidential and secure? If so, this is the first project in my memory with such functionality.
952  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]XDNA-Revolution in mining|GPU ONLY HEX algo|Charity Support|NoICO|Cryptopia on: October 02, 2018, 09:09:03 AM
Have you already appreciated the new wallet? Yesterday I saw the announcement that a new release of the XDNA wallet was released.
What's new in your wallet? Are there any significant changes?

Yep, there are significant changes for both local wallets and MN installations.
The changelog and the source code can be found on our github, but I'll repost it here,
https://github.com/XDNA-Core/XDNA/releases/tag/v1.2.0.0
  • Fixed Masternode winners system issue
  • Fixed Masternode double payments issue
  • Fixed slow syncing speed issue

The 1st issue wasn't really an issue though, the MN rewards are just more consistent now, previously a MN might go half a day without rewards and then get 6 rewards in half an hour!
The 2nd one, I don't know about it, sorry.
The 3rd one is the most relevant for users, previously it'd take about 5 minutes to sync one day's transactions, now it's much faster.
How about the profitability of mining? Will there be changes in the complexity of the production unit and so far everything remains the same?
953  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀[ANN] CRYPTO-HR 🚀 - decentralized cryptocurrency HR database on: October 02, 2018, 08:56:52 AM
What functions will be in your project in the future besides the labor exchange? How to account for financial transactions through your project. For example wages from employer to worker!?
954  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]XDNA-Revolution in mining|GPU ONLY HEX algo|Charity Support|NoICO|Cryptopia on: October 02, 2018, 05:29:54 AM
What is the point of mining this coin if it is cheaper to buy on the exchanges? Maybe we don't know something?

Excuse me for clearing the quote waves first! Grin
Well... if you can mine something else and then buy XDNA, by all means do just that! That's how the market works and averages price and mining profitability.

If buying is a better option, then the price will go up after a while and buying won't be as easy, but mining will be more profitable.
so you can do with every coin that is mined, not to produce and buy
but to get a coin, and then sell and make a profit-that's the meaning of mining
Usually when there is a new algorithm it is very profitable to mine. We will wait for the best conditions, and now we can only buy on the exchanges.
955  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 💰[ANN][ICO] CRYPTOCOIN INSURANCE - The first option exchange with insurance 💰 on: October 01, 2018, 08:11:09 PM
Time will tell. If I were you, I would not speak so categorically. It would be better to help me convince developers to accept it for sale.

Let's wait until the developers start the exchange. Perhaps the developers themselves will arrange a vote to add new coins to the exchange.

It is written in white paper that they will add several new coins from the top each month. They did not write about voting.
If I understand correctly it will be handing out to coin holders. So do many good projects to maintain confidence in investors.
956  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ADAB - First Islamic Crypto Exchange, based on the Shariah norms on: October 01, 2018, 07:04:01 PM
I hope that investments in the ADAB project will bring substantial profit to investors. The exchanges make good money and, accordingly, those who invest in stock exchanges make good money!
but we must take into account the fact that there are many similar projects, and we need to make great efforts so that the project could interest investment companies
competition in this industry is very huge, but I hope,and many investors, that this project will withstand competition and bring profit
Beside competition, it also depends on market conditions. The current market situation is not in favor of investors. Let's hope that the market recovers before the token sale ends.
in six months, when sales start, the market can grow, and then again begin to fall
a new drop in the market will not be well reflected in the project
The market is always unstable, there is no guarantee that tomorrow it will not grow
Time will show. At any time it is necessary to be ready to any movement in the market to manage to react correctly
It precisely. But it is not always possible to estimate the movement adequately. Probably still there is not enough experience (
From my experience I can say that trade is a kind of earnings. Not everyone will be able to do it. A lot of different pitfalls.
957  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 💰[ANN][ICO] CRYPTOCOIN INSURANCE - The first option exchange with insurance 💰 on: October 01, 2018, 06:46:41 PM
I have a question for the project developers. Do you plan to make a video about the project or create a major informational occasion before the start of the ICO?

We can see for ourselves when the time is closer to the date of the beginning of ICO. Perhaps in the near future, the project developers will share information.

A month left before the start of the ICO. I'm tired of waiting. I am pleased with the possibility that the crypto market may start to grow closer to November.

Where did you get information about the possible growth of the market? Do you see the future or are you reading various telegram channels of mommy's investors?  Cheesy
maybe he really sees the future.))))
the cryptocurrency market is very unpredictable ,and it may start growing tomorrow
or go down another half year
It is true that the market is not predictable and play the prophet is not the case. In this industry, there is only yesterday and today, such a thing as tomorrow is simply not.
958  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]XDNA-Revolution in mining|GPU ONLY HEX algo|Charity Support|NoICO|Cryptopia on: October 01, 2018, 06:20:00 PM
Tell me, what is the approximate speed in Mh/s I can get using RX580 based GPU? I'm not familiar with this mining algorithm.
I'm a green guy but based on what the community is saying, the SGMiner is doing 6Mh/s.
Thanks for the answer. I calculated the estimated cost of the mining and unfortunately found that mining this coin is not profitable at the moment. It is better to buy a coin on the crypto exchange. Mining ETH, sell it and buy XDNA. So more profitable.
I did look, and that's right. But there are advantages as the equipment is less heated than when mining eth.
Yes, this is a good factor, but for me it is not relevant. All GPU cards have 3 fans, reduced power consumption, and I also use forced airflow. I appreciate my farms)
What is the point of mining this coin if it is cheaper to buy on the exchanges? Maybe we don't know something?
959  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀[ANN] CRYPTO-HR 🚀 - decentralized cryptocurrency HR database on: October 01, 2018, 06:16:02 PM
However, you will agree that the idea of project of CRYPTO-HR is very interesting. If the technical side will not have problems then this will be a successful project.
We are working hard on the technical part
Do not listen to anyone, you are doing great and the development of the project is not done in one month.
Why not listen? users need to listen. Criticism and shortcomings should be able to be perceived rightly by the developers, there is nothing wrong with that.
Criticism is not always for the good of the project. Yes, there are times when you need to listen to people but there are things that you need to ignore.
960  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]Potentiam-The Blockchain Music Platform on: October 01, 2018, 06:08:23 PM
I've seen a lot of such platforms ... I think it will be very difficult for you with growing competition))
Well, there are difficulties in any business. It is necessary to understand the fact that even in a very busy market there is always room for a young and ambitious company.

healthy competition will only benefit the project
competition always forces developers to make a product better than others
if not, the project will die
I'll support, ambitions mean a lot, especially together with qualitative calculation and skillful developers.
I don't even know what will be the quality of the platform of these guys. All that remains is to wait for their final development.
What would not be a good project there are people who are not happy with something. Sometimes the world is so confusing. Someone will make a mistake and blame the developers.
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