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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MCC] MyCreditChain - Credit Information on the Blockchain
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on: April 04, 2018, 09:03:30 PM
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Hi ! Thank you for your interest. To answer your question, Whoever buys MCC has no idea how credit markets work. There is no need for a token and besides private blockchains can do it for free (no token needed). Why would any financial institution want to buy it?
==> The reason why ordinary people have no idea how credit market works is that, centralized institution managed credit by its own assessment. Credit is a Basic Right. Blockchain based Credit Ecosystem, MyCreditChain and our platform will enable a new relationship among people, which will further develop new form of financial activities. It brings about a major innovation in credit information that a person's credit data will become an asset for himself/herself. Also we plans to bring the ownership of credit data back to individuals so that they can have a full control over their own information, thus building a more equal society. As a result, existing financial institution would buy personal data through MCC platform with token. If you have more suggestions for MCC, please feel free to comment here or our Telegram chat. Thanks again! Website: http://mycreditchain.org/download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf Medium: https://medium.com/mycreditchainFacebook: https://www.facebook.com/mycreditchainAnd why would any lender trust this credit information (or credit data) if I could do adverse selection of credit data? If I am the owner of the data, I can select which data I give by faking a good credit data, regardless of defaulting off-chain or not. As debtors are not obliged to do all credit through MCC they will be able to do such adverse selection. |
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413
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Alternate cryptocurrencies / Altcoin Discussion / Re: Super telegram bot - free
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on: March 21, 2018, 03:29:28 AM
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That's the point! Be among the first to buy the coin!
If you were the among the first who bought SPHTX after it was listed on Kucoin (the first big exchange since launch) you lost money. There is no free lunch. Buying when launching in exchanges is a risky activity. |
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415
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is 1ETH=$10,000 worth the possibility?
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on: March 21, 2018, 03:26:30 AM
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I think Ethereum hitting 10k is very much possible, but it wouldn't get there this year. It could take two years to get there. I believe only Ethereum has the potential to get there, no other coins can get there.
I also agree with you. $10,000 will probably be a possible target after Casper is successfully implemented and sharding in near development, but not in the short term. |
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416
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: TRON (TRX) is going crazy.
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on: March 21, 2018, 03:25:11 AM
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Billions of centralized coin and those who have it hanging on saying it'll come back. Unless they do a multi billion coin burn I can't see tron doing anything. The creator and a lucky handful did well during the pump but in my eyes it's just another money pump that will be irrelevant. It also has Chinese government paws all over it, stay away, probably funding best Korea
It mainly depends on development and adoption. In fact most people believe that exchanges are a big driver of value. They are wrong. It may impact the short term price prediction but it is far less relevant for the long term. |
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419
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Alternate cryptocurrencies / Altcoin Discussion / Re: When will ICOs die?
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on: March 21, 2018, 03:19:20 AM
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The problem with private sales via pools is that most pools are total scams. I basically only know 1 pool that I could really trust becose I know who runs it (the admin) and he would never scam his friends for many reasons. Other than that, I stay away!
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420
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Alternate cryptocurrencies / Altcoin Discussion / Re: TRON Millionaire
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on: March 21, 2018, 03:16:52 AM
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Hi All,
Do you think TRX will ever reach $10 in the coming years? With TRX currently at 0.03 if you invest $4000 (100,000 tokens) and one day it will hit $10 per token you are an instant Millionare right? Is it worth the risk?
Opinions are appreciated
It is more likely that you will lose your $4k than becoming a millionaire. Tron is already too much overpriced. Nothing more than a good idea and buzz words. |
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