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Author Topic: My hidden gem.  (Read 651 times)
elementaryOS
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July 31, 2020, 05:31:19 PM
Last edit: July 31, 2020, 07:57:35 PM by elementaryOS
 #41



You dont see the coin have a good use case?? The product is already out mate, it works better than any other of its kind, it uses the token as a means of payment towards hosts.. What I think is that you didnt even check the coin out but wrote your opinion about it anyway..

Low cap coins were never a hot thing, cheap coins were as the price of a coin is relative, and every coin with 1 million coins or a billion coins can have equal multipliers under the right conditions. The supply doesnt matter and doesnt make a coin "hot" lmao.

So its real use case is hosting data file for personal level? Cloud drive service? Heck, even in their About page is vague as f with: "Internxt aims to enrich life through revolutionary technology. The goal is to create a vast range of innovative mass-market services that disrupt various technology industries."
Most are just buzzword and there are already plenty of similar services like that and way bigger than it: Google, Amazon, Azure,... and most importantly, they're free with reasonable free storage space before anyone wants to pay for premium. Google drive is 100GB for $2 per month while your charge 20GB for 1euro per month. Why would anyone want to pay more than normal to use a cloud drive just because it non-mainstream, hipster thing is beyond me. I don't even need to start on the privacy of data on the hosting between a big name and an unheard.
So that's your token with 'real use case' and wait a minute, why we would need a token to use that kind of service? See, I checked the token and saw nothing really interesting, nothing to make it a real 'hidden gem' other than you right now, make a sale pitch with "product im better than most projects on the top 100 on cmc" that I don't believe it is.

Gosh, you are so wrong on so many levels.. First of all you say that centralized cloud services are more secure than decentralized ones?? That is ridiculous, I can link so many articles about data breaches on google, amazon and all major cloud service companies and data that got stolen/accessed from people with malicious intent on those companies. In decentralised storage that is not possible as one file is broken into pieces and stored in multiple hosts, so that even if someone gains access to a hosts computer with costumer data, he will only hold a piece of that file which is useless. That is exactly what makes this product better and why people and companies will want to pay an extra to keep their files secure..

Internxt as a company does not store any data at all, they dont have a server the hold user data at, you and I can become a host renting our free space to the network and storing shards of files. There is no data centrer someone can attack and even if they attack my computer and gain access to the shards I host as said previously those shards are useless without the other pieces.

Please read this and learn how centralised and decentralised cloud differs: https://www.csoonline.com/article/3405439/how-a-decentralized-cloud-model-may-increase-security-privacy.html

And of course the use case for the coin is data hosting, paying the hosts to host the data of the costumers, and also increases the rewards hosts get the more tokens they hold, encouraging people to hold the coin. Thats the utility for every cloud service coin like sia, storj. Its not something new and it works. I dont get why you are so shocked by it. And as they release more and more products in the future as they are planning to offer other services also other than cloud that will utilise the coin the use case will be broader.
But honestly, the hosting data is very sensitive and demand a privacy matter more than just decentralized storage alone to solve it. If I want, I can encrypt my data to package and put it on the public drive without any worry, only a bit hassle to use. Or maybe I'm too hash over this coin. Anyways, thanks for the reply and appreciate your suggestion of this coin, no matter it was a gem or not. I should stop here and learn more about it.
Veidt (OP)
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August 01, 2020, 03:04:57 PM
 #42

No worries mate, its always a good thing to debate about arguments.

Thats what I do, I drink beer and I know stuff.
iTradeChips
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August 01, 2020, 03:17:14 PM
 #43

I find the discussion on this thread very intriguing and very interesting at the same time. The zest of the OP and also the quick appearance of the founder or CEO of the coin is also something that is for me somewhat surprising and encouraging. Many did said before me that research is the key to good investment and that I think is what I will do first. I will definitely will allot some time in researching about this and seeing if there is really potential and good about this coin. Thank you for sharing good information.

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wywoc
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August 03, 2020, 02:47:40 PM
 #44

Well the market capitalization is around $ 1 million, and the project is in a niche where few projects are currently involved (when everyone is chasing DeFi). Seems like a project worth paying attention to, I'll take a look at it.
serjent05
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August 03, 2020, 02:57:45 PM
 #45

Not sure if this token is for masses with only 629,610 max coins. Did they create this for scarcity reason?  It seems the developer don't plan this token to be on mainstream because of the supply limit. 

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key4co.in
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August 03, 2020, 07:04:32 PM
 #46

Thanks for considering looking at this coin bro, I would suggest reading their whitepaper first. Hope to see you on telegram.

I recently joined the INTERNXT telegram. May I ask the reason for the small total supply of the token? I see it's still ERC20 token, do they plan swapping to a mainnet coin later on? Also please, if asked why exactly will someone prefer their online storage to Google drive, what can you say? Don't mind me, I'm just being inquisitive here since you seem to know more about the project.
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August 06, 2020, 11:32:26 AM
 #47

Thanks for considering looking at this coin bro, I would suggest reading their whitepaper first. Hope to see you on telegram.

I recently joined the INTERNXT telegram. May I ask the reason for the small total supply of the token? I see it's still ERC20 token, do they plan swapping to a mainnet coin later on? Also please, if asked why exactly will someone prefer their online storage to Google drive, what can you say? Don't mind me, I'm just being inquisitive here since you seem to know more about the project.

I would say that centralised clouds providers are very vulnerable, there are numerous examples of sensitive data of big corporations and individuals being leaked, as in a centralised architecture your data are very vulnerable. So security is the biggest player. Second there is no way for internxt to gain access to your files, even if requested by the police, only you have access to those files.

As for the coin supply, I dont think it will be a problem in the near future, as you can also trade this in decimals. I dont know if they will be swapping to a mainnet in the future though, but as you joined the telegram you can ask there, admins usually reply very quickly.

Thats what I do, I drink beer and I know stuff.
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August 06, 2020, 03:04:48 PM
 #48

I haven't heard of this coin but from what the op have explain above it seems this is  worthy research, each and every one of us have our own opinions about our gem as well, it is left for us to make our research about the project to find more and decide.
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August 24, 2020, 11:12:22 PM
 #49

Hopefully everyone got in before this movement. I made a nice profit on it.
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August 28, 2020, 10:38:08 AM
 #50

It's not hidden but I don't think it's given much attention here. My token (PROB) has been very profitable. I earned up to 208% in three weeks for their first listing with MATIC. Also, for the second listing with ARK, I earned up to 95% overnight. The ProBit Exclusive project is just amazing.
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