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1141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation on: October 02, 2017, 03:53:38 AM
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?

No, the developers do offer this

I think it's very interesting. Of course, I would not exchange all the tokens for bananas, but the part - why not?
1142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation on: October 02, 2017, 03:22:43 AM
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)
1143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation on: October 02, 2017, 02:52:09 AM
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool

Said good, dude

I just pointed the guy at his mistakes, that's all.
1144  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation on: October 02, 2017, 02:39:51 AM
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool
1145  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation on: October 02, 2017, 02:29:30 AM
I still don't see how crypto is involved in ths. Sounds like a kickstarter campaign to grow and sell bananas. Are the buyers buying the bananas with bananacoins? What is the fundamental reason for someone owning bananacoins? Do they own a share of the new banana plantation and get dividends or something? Again... what does crypto have anything to do with this?

Bananocoin is essentially an option, and the owner will make a profit when we sell real bananas. crypto-currencies are needed to raise funds and pay profits to our investors in the future.

So the total profit from the sales are distributed amongst all the bananacoins holders? And they are distributed as what? More bananacoins? And where do they come from? you buy them from the exchange?

the original concept of profit looks like the reverse repurchase of tokens from exchanges (so that you put the desired profit)

So essentially its a one time promise to repurchase tokens from the exchange after the sale of the first harvest (8 months)? And I'm guessing the token has no value after that? All I'm seeing on the whitepaper and business plan is a lot of smoke and mirrors about bananas being a cool fruit. There is no technical explanation about how bananacoins prices are going to be pegged to the international market rates for Bananas. In all honesty, it looks like a scam. Its essentially saying: Hey fools, gimme your money so I can make bananas and sell them. In exchange for your money, I will give you bananacoins that I will make from the air... and you can hold on to them. 8 months later I promise to buy a bunch of bananacoins with the money I make and you should be very happy about that.

Am I missing something here?  Roll Eyes

Boy, this is the first time I've ever been in this thread and I do not understand everything myself. However, here I can tell you something. There is a kind of tokens, like credit tokens. In such projects, investors, as it were, lend developers money with a promise to buy back the tokens

Its a complete scam if you know what to look for. They are just beating around the bush when you ask the real questions. There will always be fools who fall for the buzz words.

Imagine I want to assemble a gaming PC and sell it on ebay. I make a coin called GamingCoin (GC). It costs me 1000 USD to make the gaming pc, so I start an "ICO" and gave away 1000 GC to 1000 people. So everyone now bought a GC for 1 USD. Now I sell the machine on ebay for 2000 USD. I make 1000 USD profit. Now imagine I go to the exchange and put up a buy wall of GC for 1000 USD @ 2 USD per GC. So that means its a buy wall for 500 GC. But remember there is 1000 GC in the market.

Now I have to be insane to sacrifice my profits to buy 500 GC for 2 USD each. I basically am back to where I started with nothing in my pockets and add to that 500 people holding a bag. If the math doesnt doesnt work for computers, it doesnt work for bananas either. All the bells and whistles about banana prices and fruit industry and shit is just for the "I know what I'm doing" look.

In other words... 
S C A M


Wow, man, you're too aggressive. It seems to me that the developers have already demonstrated everything they could to start trusting them
1146  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] SMARTBILLIONS OFFICIAL BOUNTY THREAD//1.6 MILLION $ BUDGET on: October 02, 2017, 02:09:59 AM
By the way, no one knows, the bounty will act in case hackers break into the project during the hackathon?

nope
1147  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] SMARTBILLIONS OFFICIAL BOUNTY THREAD//1.6 MILLION $ BUDGET on: October 02, 2017, 01:34:37 AM
Is it necessary to provide evidence for tweets?

It turns out that way


Hell, I did not think about it at all.
1148  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] SMARTBILLIONS OFFICIAL BOUNTY THREAD//1.6 MILLION $ BUDGET on: October 02, 2017, 01:23:41 AM
Is it necessary to provide evidence for tweets?
1149  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 02, 2017, 01:10:15 AM
I don't think the 1500 eth is in the wallet yet. Are they waiting for something that I missed in this thread?

Well, officially the hackathon begins only after 11 hours, hackers are waiting for the official start
Yeah but it was supposed to be in there 6 days ago.

So, the developers are already late? This is bad?

Well, it makes me prick up my ears.

I think it's too early to be afraid
1150  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 02, 2017, 01:03:15 AM
I don't think the 1500 eth is in the wallet yet. Are they waiting for something that I missed in this thread?

Well, officially the hackathon begins only after 11 hours, hackers are waiting for the official start
Yeah but it was supposed to be in there 6 days ago.

Really? I missed that moment. Probably, the developers have finalized the smart contract.
1151  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 02, 2017, 12:54:43 AM
I don't think the 1500 eth is in the wallet yet. Are they waiting for something that I missed in this thread?

Well, officially the hackathon begins only after 11 hours, hackers are waiting for the official start
1152  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 02, 2017, 12:47:19 AM
By the way, if hackers manage to crack a smart contract, does this mean that the project will cease?

Most likely, the project will be postponed for some time to eliminate defects
1153  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 01, 2017, 11:17:22 PM
By the way, are you going to participate in the lottery? Or is it just an investment for you?

Why not? But the main thing is that the project is successfully launched. Then you can talk about participating in the lottery
1154  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 01, 2017, 11:01:45 PM
nice new coin i following
It's not the time to follow. It's time to invest Smiley
Thats right its time to invest now , because if you invest they have possible that you earn a lot of money. But the ICO start at october 16 so you can save more money so you can invest more in this project. More investor to come so it will become successful in the future.

Yes, I also have great expectations from this project)
1155  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 01, 2017, 10:43:04 PM
If this could be made so easy for non crypto persons to play this lottery, then this would be so big. Maybe try to partner up with someone from real life lottery industry and take him/her on board.

It makes sense. In fact, the mobile application does not solve the problem of introducing people who are already playing a real lottery

Well, you're not entirely right. I would say that the mobile application partially solves this problem. Although still need to exchange Fiat for crypto currency
1156  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. on: October 01, 2017, 09:56:31 PM
If this could be made so easy for non crypto persons to play this lottery, then this would be so big. Maybe try to partner up with someone from real life lottery industry and take him/her on board.

There will be an smartBillions mobile app with ETH wallet released in Q1 2018 that will enable wider public to participate in SmartBillions lottery.
There will be also other sollutions introduced in order to popularise SmartBillions lottery.

The idea of a mobile application is very good. Now more than half of all traffic comes from mobile devices
1157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][🔥PRE-ICO]🔥LANGPIE🔥 - ONLINE-TRANSLATION PLATFORM ON BLOCKCHAIN! on: October 01, 2017, 06:19:48 AM
I still have a lot of doubts about this project. But it seems to me, the idea of facilitating the communication itself is pretty good
what things make you still curious about this project Cheesy can you ask and wait people or dev anwser

Well, you know, the project itself is quite interesting. I can support developers only in words, I do not have ether
1158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][🔥PRE-ICO]🔥LANGPIE🔥 - ONLINE-TRANSLATION PLATFORM ON BLOCKCHAIN! on: October 01, 2017, 05:42:33 AM
It seems to me, in this project it makes sense to invest. This is a worthwhile business

So you're going to invest?

Honestly, I myself have not decided to the end. For me, the project should be more profitable and reliable
1159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][🔥PRE-ICO]🔥LANGPIE🔥 - ONLINE-TRANSLATION PLATFORM ON BLOCKCHAIN! on: October 01, 2017, 05:16:48 AM
It seems to me, in this project it makes sense to invest. This is a worthwhile business
1160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][🔥PRE-ICO]🔥LANGPIE🔥 - ONLINE-TRANSLATION PLATFORM ON BLOCKCHAIN! on: October 01, 2017, 04:58:08 AM
Guys, you are subscribed to Medium of Langpie?

No. Should I subscribe?

Developers announced an agreement with some large venture fund

What kind of fund was it?

Well, they wanted to remain anonymous. Most importantly, they invested $ 80,000

Wow, that's an impressive amount!
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