Captain Corporate
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December 07, 2016, 01:31:52 PM |
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What I do not understand is that , if people can hire other people with bitcoin and if people can exchange your tokens to bitcoin. What is this tokens do that bitcoin can't ?
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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B!gSmoke
Sr. Member
Offline
Activity: 514
Merit: 353
Respect has to be earned, just like money!
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December 07, 2016, 01:34:14 PM |
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Sorry to ask for, but what is the minimum amount of btc to invest in ICO. I read it already somewhere, but can't find it anymore. I think that i remember 0.5btc?!
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Goruno
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December 07, 2016, 01:36:01 PM |
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After I check all informations about this project I see that this is a perfect project which I'm looking for my investment and I have joined the Chronobank ICO and I have just joined the signature campaign. I hope This project will bring back more profits for all investors in next year.
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B!gSmoke
Sr. Member
Offline
Activity: 514
Merit: 353
Respect has to be earned, just like money!
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December 07, 2016, 01:37:01 PM |
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What I do not understand is that , if people can hire other people with bitcoin and if people can exchange your tokens to bitcoin. What is this tokens do that bitcoin can't ?
For my understanding, it's not about to hire people with btc. It's about the platform where you can find people to hire. If I don't know any plumber but I need one I could find it on LaborX and pay them with LH tokens.
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Captain Corporate
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December 07, 2016, 01:38:45 PM |
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So basicaly they can start that same exact thing and just use bitcoin instead of tokens? The leverage here is not the token but the platform? Is that it?
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
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yhlsqj
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December 07, 2016, 01:54:54 PM |
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1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.
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Chronobank Support
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December 07, 2016, 02:10:26 PM |
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Sorry to ask for, but what is the minimum amount of btc to invest in ICO. I read it already somewhere, but can't find it anymore. I think that i remember 0.5btc?!
Hey, any amounts above 1 TIME to be accepted. Any changes to be posted in this thread. Thank you for your interest! After I check all informations about this project I see that this is a perfect project which I'm looking for my investment and I have joined the Chronobank ICO and I have just joined the signature campaign. I hope This project will bring back more profits for all investors in next year.
Thank you, mate So basicaly they can start that same exact thing and just use bitcoin instead of tokens? The leverage here is not the token but the platform? Is that it?
Except that this is stable-coin backed by average hourly wage in designated location.
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Captain Corporate
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December 07, 2016, 02:16:12 PM |
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You do say it is a stable coin but when its on exchanges the "stable" is in the hands of owners of these tokens. So say if people just use this ICO to make some short term income , they will sell the tokens right off the bat for profit and then it will have a steep decline . The "labor-time" algorithm you have would fail in that matter.
Since this will be exchangeable to bitcoin , the price will fluctuate for whatever amount people want. You think your job worths 100$? Well you can charge whatever token is equal to 100$ , who cares if its 1 token or 1000 token as long as you get 100$ worth of it?
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
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szachta
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December 07, 2016, 02:19:11 PM Last edit: December 07, 2016, 09:22:03 PM by szachta |
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Go go chronobank gadget.
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specturul
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December 07, 2016, 02:20:50 PM |
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1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.
Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it.
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electronicash
Legendary
Offline
Activity: 3234
Merit: 1055
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December 07, 2016, 02:42:57 PM |
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1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.
Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it. The price will be protected by labor price depending to the country or location i think its worth buying specially the first days of ICO after all bonuses are great. The company behind it which does have years of experience in the recruitment industry is solid.
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Chronobank Support
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December 07, 2016, 02:51:44 PM |
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You do say it is a stable coin but when its on exchanges the "stable" is in the hands of owners of these tokens. So say if people just use this ICO to make some short term income , they will sell the tokens right off the bat for profit and then it will have a steep decline . The "labor-time" algorithm you have would fail in that matter.
Since this will be exchangeable to bitcoin , the price will fluctuate for whatever amount people want. You think your job worths 100$? Well you can charge whatever token is equal to 100$ , who cares if its 1 token or 1000 token as long as you get 100$ worth of it?
I'm not really sure I get what you mean, so I'll try to go a bit in detail. So there are TIME tokens, that act like shares and provide rewards, still being just tokens. They are not stable-coins, they are freely traded on some bitcoin exchange. Then we have Labour Hour Tokens (LHT) - these are stable-coins. A Labour Offering Company (LOC, there are many of them) issues some quantity Q of those LHTs and sell them with the help of Chronobank Entity (CBE) on the open market. These Q LHTs mean the promise (actually, it's a contract) to provide certain amount of work expressed in Q average hourly wages. However, hourly wage steadily grows a bit, while number of labour hours to be provided by LOC stick to Q - number of LHT. So fundamentally price of 1 LH token should slowly rise by a little bit. The sum of all Qs is a huge number, so you can't just easily to shake market. Thus the attractor will be somewhere near the fundamental price. Additionally, in order to preserve LHT from volatility CBE will act as a market maker, using some liquidity reserve in order to buy and sell LHTs automatically by the price equal to fundamental average hourly wage. So the price will always be near those average wage. 1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.
Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it. The price will be protected by labor price depending to the country or location i think its worth buying specially the first days of ICO after all bonuses are great. The company behind it which does have years of experience in the recruitment industry is solid. The price of TIME tokens is quite different thing than the price of LH tokens. Please, be sure to read the whitepaper before you start investing: https://chronobank.io/files/whitepaper.pdfAlso worth reading: FAQ: https://chronobank.io/faqBusiness Outline: https://chronobank.io/files/business_outline.pdfDevelopment Plan: https://chronobank.io/files/business_outline.pdfThank you guys!
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electronicash
Legendary
Offline
Activity: 3234
Merit: 1055
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December 07, 2016, 03:17:53 PM |
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Okay so we as investors don't get LH token which is the table coins but TIME token, right? The value of TIME Token is yet to be determined after ICO which isn't stable and may depend to market.
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Chronobank_Community
Full Member
Offline
Activity: 126
Merit: 100
Chronobank Community Manager
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December 07, 2016, 03:47:05 PM |
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Okay so we as investors don't get LH token which is the table coins but TIME token, right? The value of TIME Token is yet to be determined after ICO which isn't stable and may depend to market.
TIME token holders will be rewarded with issuance fee every time a new LH (Labour-Hour) token is issued on any blockchain. In addition to issuance fees, on Ethereum and blockchains that support smart contracts, TIME token holders will be rewarded with 0.15% transaction fee from any LH “send” or “redeem” transaction, including LH payments on LaborX. Therefore, the greater the volume on LaborX, the higher investors' rewards. See more info here: https://chronobank.io/#rewards
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torikan
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December 07, 2016, 03:54:41 PM |
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I look forward to the opening date of Ico. I think it will be a good project, very well invested, profitable. I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive.
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MonsterV
Legendary
Offline
Activity: 2212
Merit: 1008
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December 07, 2016, 04:22:16 PM |
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I look forward to the opening date of Ico. I think it will be a good project, very well invested, profitable. I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive. If you are quite sure just invest all your money and hope that your dreams become real lol No matter how good the project but must look at the price movement of BTC because it can affect the final result ico ChronoBank must devise strategies to deal with it
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Chronobank (OP)
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December 07, 2016, 04:50:08 PM |
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I look forward to the opening date of Ico. I think it will be a good project, very well invested, profitable. I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive. Thank you so much! We'll do out best to make a high-quality project!
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bezbezbez
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December 07, 2016, 06:30:41 PM |
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I look forward to the opening date of Ico. I think it will be a good project, very well invested, profitable. I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive. If you are quite sure just invest all your money and hope that your dreams become real lol No matter how good the project but must look at the price movement of BTC because it can affect the final result ico ChronoBank must devise strategies to deal with it What do you think, how the bitcoin`s price can affect?
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Hoganye
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December 07, 2016, 06:39:10 PM |
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I look forward to the opening date of Ico. I think it will be a good project, very well invested, profitable. I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive. If you are quite sure just invest all your money and hope that your dreams become real lol No matter how good the project but must look at the price movement of BTC because it can affect the final result ico ChronoBank must devise strategies to deal with it What do you think, how the bitcoin`s price can affect? Bitcoin is going to the moon over the coming months. Buying early is the smart play. You may pay 2 to 3 x as much by Feb.
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PM.coins
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December 07, 2016, 09:01:35 PM |
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How about participants of signature campaign which has since 21 November until 2 December, as I look at spreadsheet their ranking is Unknown. Please confirm it
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