Bitcoin Forum
April 25, 2024, 08:29:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin's future. on: August 22, 2019, 11:06:33 AM
In my opinion, Ncash is the future ruler! Becoz It has many use cases especially in the Retail industry.

as per my analysis....

NCASH/BTC daily chart looks good its started moving Up! If breaks and closes above 0.00000015. we can expect further upside till next resistances of 0.00000017/0.00000021/0.00000026 Indicators look good.(not an investment advice.DYOR)

https://pbs.twimg.com/media/ECkNU7sUcAAQ9vU?format=jpg&name=small
2  Bitcoin / Project Development / Subscription eCommerce: Booming and Here to Stay on: August 14, 2019, 10:39:33 AM


Subscription eCommerce is growing rapidly while creating a potential market for multi-million-dollar enterprises. The concept of Subscriptions flourished decades ago, during the time of print magazines and daily newspapers. In the digital sphere, the model was earlier widely adopted by streaming platforms and software products and is now spreading to e-commerce.

The Inception

When Reed Hastings rented out a CD of his favorite movie Apollo 13, he had to pay $40 in late fee to the renter. This incident triggered the idea of Netflix — a DVD rental service, which later transformed into an online streaming platform with more than 150 million subscribers globally. Paying a subscription fee that is almost equal to a movie ticket’s price, one can watch thousands of movies and TV shows in the comfort of one’s couch.

What else could be more gratifying for a movie buff?

In any business at any time, customers always look for convenience, personalized experience, and reliable service. This tendency is pretty much high in millennial customers, who are the major patriots for e-commerce businesses while being price-conscious. ‘Then, why not creating a curated experience for these new-age customers through a subscription service?’ — thought Katia Beauchamp and Hayley Barna, the entrepreneurs behind Birchbox.

Ever since Birchbox sent out its maiden beauty box in 2010, Subscription e-commerce has been booming and touched almost every niche of retail — from grocery to grooming and from wine to vitamins. Subscription eCommerce disrupted many untapped markets and got giant brands like Amazon, P&G, and Walmart enter the space.

During the days when the razor market in the United States was dominated by Gillette with a 72% market share, Michael Dubin saw an opportunity in the sluggish men’s grooming market. He launched his startup ‘Dollar Shave Club’, which feels like a complete men’s club with a personality. Four years later, in 2016, the subscription-based company was acquired by Unilever for one billion dollars.

Dollar Shave Club had already inspired many other startups and major corporates to launch subscription services to offer what truly matters to customers. With that being the case, the subscription e-commerce market jumped to $2.6 billion from $57 million in 2011. Though this market included media services like Netflix, curated subscription box services were accounting for 55% of the total subscriptions.

The X-factor

The success of startups like Dollar Shave Club and Birchbox has proved the potential of subscription e-commerce model. The modern subscription e-commerce industry has already been mounted up with businesses offering boxes in a variety of niches.

Analyzing the performance of the subscription e-commerce companies in the last few years, McKinsey reported that 13 percent of the companies had already ceased their operations. Clearly, a business will succeed only when it offers a value proposition to its customers and delivers services in proportion to values.

Katie Ann Rosen Kitchens, the founder of FabFitFun, leverages content to keep her subscribers engaged across all available channels. She believes that content is the key to the success of her beauty box company. Besides, she also makes sure that her subscribers receive the promised value.

Speaking about the value being created by her content, Kitchens says, “we’re fully aware that we can lose a subscriber at any time. But if members see us as more than just a box, but access to a community and valuable knowledge, then it’s hard to put a price on how much that experience is worth.”

The subscription business is all about building strong relations with subscribers. Unlike one-time buyers, subscriptions bring customers recurrently, creating more scope for businesses to interact and engage with customers, understand bottlenecks, and figure out reliable solutions to enhance their experience.

Subscription businesses should gain great knowledge of their customers to establish deeper connections and understand the potential pain points. Through one-to-one interaction and regular surveys, businesses can gain actionable insights. Rewarding loyal customers is another key aspect of a subscription business to grow in the competitive market. Brands should be encouraging their customers to stay for longer periods and spreading the word to their friends & family.

Undoubtedly, Subscription eCommerce legs up retailers to drive brand loyalty and increase the customer lifetime value with recurring buyers. However, the success of a subscription model boils down to the experience and convenience offered to the customers.

Stay connected with Nucleus Vision for the latest announcements and updates:

Twitter : https://twitter.com/NucleusVision

Telegram : https://t.me/NucleusVision_ann

Reddit : https://www.reddit.com/r/NucleusVision

Facebook : https://www.facebook.com/NucleusVision

Website : https://www.nucleus.vision
3  Bitcoin / Bitcoin Discussion / What is Bitcoin’s utility and why should people care about it? on: July 26, 2019, 09:26:37 AM


A store of value implies an asset that at least retains its value especially in recessionary markets.

Similar to gold, bitcoin has fixed limited supply and this is crucial as its supply cannot be unilaterally changed by any central bank.

Bitcoin came into existence in 2009, as a brainchild of a person or group of persons under the pseudonym of Satoshi Nakamoto. The original premise of bitcoin was to become peer-to-peer electronic cash that could disrupt some existing fiat currencies. For example, if I buy wine from Chile, I effectively instruct my Indian bank to pay the retailer’s Chilean bank. This involves paying fees to both banks, correspondent banks etc., and facing an FX (foreign exchange) rate that is likely to be exorbitant, and an entire transaction that takes at least a few working days to process. Imagine if you could make this transfer almost instantly and by paying no fees to banks and other intermediaries, effectively disintermediating them and the associated central banks? That was the perceived original vision for bitcoin.

While we have seen adoption and velocity of bitcoin and other cryptocurrencies steadily increasing (from a small base), the asset has also found itself being regarded as a potential long term store of value. A store of value implies an asset that at least retains its value (and therefore your investment), especially in recessionary markets. Gold has been widely accepted as a store of value and it proved itself during and after the 2008 financial crisis when it went up by over 200% while most equity, fixed income, currency, commodity and real estate markets simultaneously collapsed.

Bitcoin — the next inflationary hedge?

Similar to gold, bitcoin has fixed limited supply, and this is crucial as bitcoin’s supply cannot be unilaterally changed by any central bank. If a recession occurs tomorrow (many analysts are calling global recession in the next 12–18 months) then it is likely most central banks will print even more fiat money to try and increase lending and growth, thereby reducing the currency’s value in an over-supplied environment. A store of value with fixed limited supply will most likely gain in such a scenario as people flock to such assets thereby increasing demand and simultaneous weakening of the fiat currency in which they are priced.

Bottom line: If you were not investing in bitcoin because you don’t think it will ever replace existing fiat currencies, then please be aware that the alternate utility of a store of value could yet result in bitcoin’s price increasing at a faster pace than most (all?) traditional assets. Of course, all of this will need to be regulated and eventually operated in a compliant framework with much more adoption, and I have already covered how this is gathering pace and we, India, are getting left behind in my earlier article.

Note: Please note that this article does not constitute as investment advice. This is purely educational content.

About the author: Prashanth Swaminathan, CEO of XDAT, is an alumnus from IIT Guwahati and IIM Calcutta, who spent 10 years in Investment Banking at Morgan Stanley London.

Follow him on Twitter: https://twitter.com/Prash_XDAT

LinkedIn: https://www.linkedin.com/in/prashanth-swaminathan-a345934

Reddit: https://www.reddit.com/user/PrashXDAT

CNBC: https://www.cnbctv18.com/author/prashanth-swaminathan-4961
4  Other / Off-topic / One to One Marketing: Myth or Boon on: July 09, 2019, 02:11:06 PM


Whether it’s the right set of songs on a Discover Weekly playlist on Spotify, a TV show or movie you may be interested in on Netflix, or a useful product recommended on Amazon, personalised recommendations on these platforms can really help users navigate through the plethora of choices that are vying for our attention at any given moment.

With personalisation, brands are trying to do the same, which is to successfully reach out to their audience amongst the information overload that we’re subjected to everyday. Not just that, but relevant personalisation could have other far reaching effects on us. It can make us feel valued, as though these brands actually understand and care about us. It can give us a sense of control, owing to the feeling that these brands are catering to our needs, and we have the ability to finally choose or influence what information we see or receive. These personalised recommendations can also be very helpful, especially when they act as reminders for something you need, but forgot about, or when you discover something useful to you that you may have never thought of yourself.

It’s important to note that, personalised recommendations aren’t just for the consumers. Several studies have pointed out, businesses who have been actively working on personalisation have been faring much better than those who haven’t. If we revisit the examples of Spotify, Netflix and Amazon, I had mentioned earlier, not only are they widely known for their work in the field of personalised recommendations, they are also well known as leaders in their respective industry.

In fact, a study by PwC states, 12% of consumers choose their favourite brands based on personalised offers. Another study by Infosys said, 59% of shoppers believed personalised experiences had a significant influence on their purchase. Furthermore, as personalisation is all about understanding and fulfilling the needs of consumers, it can have a significant impact on the overall customer experience, which can consequently show up on your bottom line.

59% of shoppers believed personalised experiences had a significant influence on their purchase.

Although, the data backs it up, and most businesses claim personalisation to be a priority, many are yet to proactively work towards this objective. If your business is among those, enabling personalised recommendations is just the place to begin your personalisation journey.

While businesses such as Amazon, Netflix and Spotify may have spent millions developing the Artificial Intelligence technology that makes their personalised platforms work, today, enterprise technology providers such as Nucleus Vision are enabling businesses with the power of AI, IoT and Blockchain to do the same at a fraction of the cost.
5  Alternate cryptocurrencies / Altcoin Discussion / Nucleus Vision Launches Real-Time Dashboard for Offline Retailers on: July 03, 2019, 03:21:04 PM


The dashboard gives quick & easy access to key retail metrics in real-time and helps retailers enhance the in-store customer experience.

Nucleus Vision has launched a dashboard for brick-and-mortar stores to access actionable customer insights provided by the company’s proprietary IoT technology. Using the dashboard, retailers can precisely measure the key performance indicators, including footfall trends, average dwell time, conversion rate, basket size, campaign efficacy, and revenue. The dashboard helps retailers in the Nucleus Vision ecosystem to enhance the customer experience in their physical stores.

Real-time personalized communication in the store plays a major role in turning new customers into loyal customers and retaining customers. By using smart analytics engine, Nucleus Vision allows retailers to analyze shopping behaviour of customers and assign a unique RFM score to each customer. Based on the score, Nucleus Vision segments customers into various categories including New, Repeat, Loyal, Churned, High propensity to churn. This segmentation helps retailers run targeted campaigns and to increase a loyal customer base. Also, retailers can track and monitor the performance of these campaigns from the dashboard itself.

Watch this demo video to explore the dashboard: https://www.youtube.com/watch?v=5695HH0j1Mo&feature=youtu.be

Nucleus Vision levels the playing field for brick-and-mortar stores with e-commerce platforms, bringing unprecedented customer insights. The company is making progressive steps to take offline retail to the next level.
6  Economy / Trading Discussion / Re: Trading with goal setting on: July 02, 2019, 01:32:54 PM
Yes Its True!!!!!!
nCash Outperforms Broader Altcoin Market



Nucleus Vision nCash is up roughly 21% in today’s trade, breaking the downward sloping trendline on a weekly basis. This is the second week of the token performing well despite the overall sluggish movement in the Altcoin space. The fact that nCash is up despite the money majorly flowing in Bitcoin, hints the investor confidence.

Increase in price is accompanied by a sustained increase in the volume thereby negating the pump and dump possibility. In simpler terms, correction in price is gradual unlike in pump and dump cases where the surge in price is short-lived followed by a quick dump.

A move above the immediate resistance of 0.00000037 would take the token higher to 0.00000049–0.00000050.

The past quarter has been an active one for Nucleus Vision with the company making progress on several fronts such as working with Arvind Fashions deploying their sensors in brand stores like GAP, Nautica & U.S. Polo Assn. The company has successfully set their global footprint in the retail sector and has one of the largest crypto communities in the world.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!