Bitcoin Forum
June 16, 2024, 06:35:27 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 ... 157 »
  Print  
Author Topic: [ICO][ANN] ZrCoin [11|05—09|06]Commodity-backed blockchain  (Read 149553 times)
NikS13
Sr. Member
****
Offline Offline

Activity: 383
Merit: 250



View Profile
July 05, 2017, 11:47:55 AM
 #2061

I dumped my coins, I have no trust in this coin, good luck all.
enigmatical
Sr. Member
****
Offline Offline

Activity: 588
Merit: 268



View Profile
July 05, 2017, 11:49:59 AM
 #2062

I remember, we were promised some bonuses for early investors (first day investors) up till date, we have not recieved that bonus. I have mailed support in regards to this promise and no response ? What is happening?
marketone
Legendary
*
Offline Offline

Activity: 1302
Merit: 1000



View Profile
July 05, 2017, 11:51:21 AM
 #2063

I dumped my coins, I have no trust in this coin, good luck all.

We need patience because still, they didn't list them on the major exchanges like Bittrex etc. We have to wait until we get any info from dev team because once it is listed in major exchange then the price will increase to more than what we expected.
NikS13
Sr. Member
****
Offline Offline

Activity: 383
Merit: 250



View Profile
July 05, 2017, 11:56:10 AM
 #2064

I dumped my coins, I have no trust in this coin, good luck all.

We need patience because still, they didn't list them on the major exchanges like Bittrex etc. We have to wait until we get any info from dev team because once it is listed in major exchange then the price will increase to more than what we expected.

It's always patience with this project, that is why I stepped out.
sidik7
Sr. Member
****
Offline Offline

Activity: 1456
Merit: 261


View Profile WWW
July 05, 2017, 02:17:34 PM
 #2065

be patient for this coin ,think this coin is potensial and di hope the price can to be up , wait and see for holding this coin for  one month or until two month , i hope this coin can coming on a big exchange bittrex , yea on there i hope for price can going up, the coin is have more community i think.
Incubate
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile WWW
July 05, 2017, 02:29:22 PM
 #2066

Need some quick information

As i read a little bit, hope i get this right


So basically we are purchasing a token which is Zcoin where they produce
ZrO2
SFM


They will get land, factory and etc
They mentioned
"After the factory is launched we will begin to buy our tokens back using our profits. The repurchase price of the tokens will include the investment income on the Project. The repurchasing period will last for 12 months" ROI will take around 1.5 years

So they will purchase their token back within 12 month after profit is started to generated
And they will use $7,000,000 to purchase back the tokens from the user

After buy back then this project is done and they are on their own now?

Therefore, is this project consider a loan or something?
Next, how much is the ICO price Zrcoin

Thanks



So i participated in the ico and can give you some info. The ico started at a price of $1.40 and ended at $1.55 i believe. The buyback will be at a price of $2.80, so they will need 14m in revenue to buy back all the coins.

Indeed you could consider the ico as a loan. After 15 months the company is free of debt and investors will have doubled their money. The most interesting part is that you can convert zrcoin to company shares (probably in the end-stage of the buy back). Imagine an already highly profitable company without any debt, and the possibility to take a part of the future revenues...

Do you really believe the buyback? Lets run the numbers:
The project will use not less than 70% of the profit for the buyback (T&C:4.2). The Whitepaper says the buyback amount will be “not less than $400,000 a month” and that “estimated monthly yield of the factory’s operation should be RUR 70.6 million” (roughly $1,240,000 at the moment).
Let’s assume that 70% of the profit equals $400,000. 100% of the profit would then be $520,000, which is 42% profit margin.
Having a little bit of experience in economics, you know that a 42% profit margin is just pure illusion.
HODL_guy
Full Member
***
Offline Offline

Activity: 206
Merit: 100


“The Future of Security Tokens”


View Profile
July 05, 2017, 03:53:55 PM
 #2067

Need some quick information

As i read a little bit, hope i get this right


So basically we are purchasing a token which is Zcoin where they produce
ZrO2
SFM


They will get land, factory and etc
They mentioned
"After the factory is launched we will begin to buy our tokens back using our profits. The repurchase price of the tokens will include the investment income on the Project. The repurchasing period will last for 12 months" ROI will take around 1.5 years

So they will purchase their token back within 12 month after profit is started to generated
And they will use $7,000,000 to purchase back the tokens from the user

After buy back then this project is done and they are on their own now?

Therefore, is this project consider a loan or something?
Next, how much is the ICO price Zrcoin

Thanks



So i participated in the ico and can give you some info. The ico started at a price of $1.40 and ended at $1.55 i believe. The buyback will be at a price of $2.80, so they will need 14m in revenue to buy back all the coins.

Indeed you could consider the ico as a loan. After 15 months the company is free of debt and investors will have doubled their money. The most interesting part is that you can convert zrcoin to company shares (probably in the end-stage of the buy back). Imagine an already highly profitable company without any debt, and the possibility to take a part of the future revenues...

Do you really believe the buyback? Lets run the numbers:
The project will use not less than 70% of the profit for the buyback (T&C:4.2). The Whitepaper says the buyback amount will be “not less than $400,000 a month” and that “estimated monthly yield of the factory’s operation should be RUR 70.6 million” (roughly $1,240,000 at the moment).
Let’s assume that 70% of the profit equals $400,000. 100% of the profit would then be $520,000, which is 42% profit margin.
Having a little bit of experience in economics, you know that a 42% profit margin is just pure illusion.

42% profit margin for real world business (not crypto) looks a bit high indeed. The date they can buyback the tokens is also optimistic too IMO (unless they are already building the factory!).

marx hu
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
July 05, 2017, 04:52:40 PM
 #2068

is there any dev here to explain and update all the questions or info?? Huh Huh

the price keep dropping.. the figure will be worst at marketcap if not because of hitbtc fake price.. Undecided Undecided Undecided Undecided

neolinkhati
Legendary
*
Offline Offline

Activity: 980
Merit: 1000


Premium


View Profile
July 05, 2017, 11:51:07 PM
 #2069

When did the Factory begin to be built?
preevi
Hero Member
*****
Offline Offline

Activity: 495
Merit: 500


View Profile
July 05, 2017, 11:53:26 PM
 #2070

is there any dev here to explain and update all the questions or info?? Huh Huh

the price keep dropping.. the figure will be worst at marketcap if not because of hitbtc fake price.. Undecided Undecided Undecided Undecided
I agree with you mate, they should more active here
I know they so busy but at least keeping us updated with the project
malcovixeffect
Sr. Member
****
Offline Offline

Activity: 714
Merit: 266



View Profile
July 06, 2017, 12:01:47 AM
 #2071

is there any dev here to explain and update all the questions or info?? Huh Huh

the price keep dropping.. the figure will be worst at marketcap if not because of hitbtc fake price.. Undecided Undecided Undecided Undecided
I agree with you mate, they should more active here
I know they so busy but at least keeping us updated with the project

I decided i sell all of my assets, i realized this isn't for me cos expect updates to happen after months cos this will really take more time. You dont expect the plant to be built for 3 mos. its possible that it may take year for the plant to be completely functional.
niksdt101
Hero Member
*****
Offline Offline

Activity: 803
Merit: 501



View Profile
July 06, 2017, 02:59:48 AM
 #2072

is there any dev here to explain and update all the questions or info?? Huh Huh

the price keep dropping.. the figure will be worst at marketcap if not because of hitbtc fake price.. Undecided Undecided Undecided Undecided
I agree with you mate, they should more active here
I know they so busy but at least keeping us updated with the project

I decided i sell all of my assets, i realized this isn't for me cos expect updates to happen after months cos this will really take more time. You dont expect the plant to be built for 3 mos. its possible that it may take year for the plant to be completely functional.

its a good thought . @dev n team its very much needed for weekly updates . so that people can be informative about the status .
lofegs
Hero Member
*****
Offline Offline

Activity: 966
Merit: 500



View Profile
July 06, 2017, 10:06:14 AM
 #2073

When did the Factory begin to be built?

Also I want to know the answer. That'll be the price indicator Wink

DonApp
Sr. Member
****
Offline Offline

Activity: 275
Merit: 250


View Profile
July 06, 2017, 01:03:03 PM
 #2074

is there any dev here to explain and update all the questions or info?? Huh Huh

the price keep dropping.. the figure will be worst at marketcap if not because of hitbtc fake price.. Undecided Undecided Undecided Undecided
I agree with you mate, they should more active here
I know they so busy but at least keeping us updated with the project

I decided i sell all of my assets, i realized this isn't for me cos expect updates to happen after months cos this will really take more time. You dont expect the plant to be built for 3 mos. its possible that it may take year for the plant to be completely functional.

If you were unaware about the timeline of this project then you did not read the whitepaper and communications from the team well enough. It was clear from the start that buybacks would happen only 6-8 months after finalization of the ICO. Only then the increase in price can be expected.
rabbitcoffee
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile
July 06, 2017, 01:08:00 PM
 #2075

After 8 months I am thinking about taking delivery of the product, 1kg per coin.  Price currently over 20usd for end product.  Per whitepaper hope everybody has read that....very good read indeed.
bitcoin-shark
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 605



View Profile
July 06, 2017, 02:54:18 PM
 #2076

I dumped my coins, I have no trust in this coin, good luck all.
i trust this coin just wait price raise a little to sell a part of my coins,it will have a great future/evolution in my opinion...
freew5660
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 06, 2017, 03:27:47 PM
 #2077

I dumped my coins, I have no trust in this coin, good luck all.
i trust this coin just wait price raise a little to sell a part of my coins,it will have a great future/evolution in my opinion...

I also trust this coin.
Will keep mine most of it. Could sell some if price goes up.
Live.me
Full Member
***
Offline Offline

Activity: 322
Merit: 100


View Profile
July 06, 2017, 04:37:39 PM
 #2078

Nice to see the price growing up
Arnaud
Sr. Member
****
Offline Offline

Activity: 385
Merit: 251



View Profile
July 06, 2017, 04:58:21 PM
 #2079

News?
freew5660
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 06, 2017, 05:14:03 PM
 #2080

News?

We've been waiting. Maybe updates, some documents about the plants, some agreements.... Regular update is needed.
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 ... 157 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!