Bitcoin Forum
December 02, 2021, 01:56:03 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 [209] 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 ... 309 »
  Print  
Author Topic: [ANN] TenX: Making Blockchain assets spendable  (Read 331488 times)
anakrea
Member
**
Offline Offline

Activity: 116
Merit: 17


View Profile
November 30, 2017, 12:13:09 PM
 #4161

I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).

"It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.”
J.R.R. Tolkien - The Lord of the Rings
1638410163
Hero Member
*
Offline Offline

Posts: 1638410163

View Profile Personal Message (Offline)

Ignore
1638410163
Reply with quote  #2

1638410163
Report to moderator
1638410163
Hero Member
*
Offline Offline

Posts: 1638410163

View Profile Personal Message (Offline)

Ignore
1638410163
Reply with quote  #2

1638410163
Report to moderator
1638410163
Hero Member
*
Offline Offline

Posts: 1638410163

View Profile Personal Message (Offline)

Ignore
1638410163
Reply with quote  #2

1638410163
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
moratar
Newbie
*
Offline Offline

Activity: 59
Merit: 0


View Profile
November 30, 2017, 07:42:08 PM
 #4162

Yesterday bought Belgian chocolates and exchange rate for selling my BTC was 11206USD (39669,97PLN). At exactly the same time Price for BTC in Bittrex was 10769USD.
Seems like TenX selling algo is sometimes really good Smiley 4% above market price.
dodgrad
Hero Member
*****
Offline Offline

Activity: 1077
Merit: 501



View Profile
November 30, 2017, 07:45:00 PM
 #4163

hello, I was very interested in this project, what method is the distribution of tenx payment cards?  Smiley

████
████
████
████
████
████
████
████
████
████
████
████
████
.
..1xBit.com..
       ███▄
     ▄████▀▄▄▄▄▄▄▄
    ████████▀██▀▀▀▀▀▀
   ▐██████████
  ▐███████▌▀▀
  ▐███████
   ██████▄
  ▐███████▄
  ▐██▀  ▀██▄
 ▄██▀    ▐██
 ██▀     ▐██
▐█▀       ██
██        ███▄
.
█▀▀▀▀▀▀











█▄▄▄▄▄▄
▀▀▀▀▀▀█











▄▄▄▄▄▄█
.
...BET HERE...
████
████
████
████
████
████
████
████
████
████
████
████
████
moratar
Newbie
*
Offline Offline

Activity: 59
Merit: 0


View Profile
November 30, 2017, 09:00:52 PM
Last edit: November 30, 2017, 09:15:58 PM by moratar
 #4164

104,661,310 tokens * $2,46 = $257,466,822.6 need to be collected

To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)

Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952

Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)

So, to collect $51,493,364,520  TenX needs: $51,493,364,520 / $60 per person and yr  = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
Bad assumptions give bad results Smiley
1) 12k usd per person per year -> most ppl who get tenx card were early in crypto bussines = they got cash.
I got card for 1 month. My spending was ~11k usd in last month using card. My early spending should be close to 120k-150k usd per year. Average probably should be close to 50% or average yearly salary of person using card or more like 75%. I would say it is safe to assume 30k usd per year per user.

2) You don't count total value equal to 1 year earnings Smiley never ever!.
This company will not case to exist in 1 year so this assumption that company vaporizes in 1 year is extremely faulty giving huge error.
Look at Tesla P/E = infinity Smiley
Netflix P/E = 189
Amazon P/E = 297
Yelp P/E = 489

(P/E is Price/Earning)

Average for tech companies is ~30. Good companies with good potential growth in future are 100+. So Tenx should have at least P/E=100.


So after fixing base assumptions, let's fix your calculations:

104,661,310 tokens * $2,46 /100(p/e) = $2,574,668 need to be collected

To make this happen we need 200 * <$ value of 0.5%> = $51,493,364

$30,000 * 0,005 = $150 collected (0.5% reward)

So, to collect $2,574,668 TenX needs: $2,574,668 / $150 per person per year = 17164 customer  using card.

As far as i can know they will get about 25k working card till end of 2017.
So according to this calculation price NOW should be 2.46$(value used for calculations)*25000/17164 (really working  cards/amount from calculation) = 3,58USD per 1 PAY token.

If they get 50k working cards value should be 7,16USD, 100k working cards 35,8 USD.
1k working cards -> 1Pay = 0.35USD  Grin

Everything now depends how many cards were shipped! This is very valuable insider info.



aoluain
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 625


D3FY.LINK B Node & Whtpapr


View Profile WWW
November 30, 2017, 11:57:13 PM
 #4165

I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?

Is there over 17,000 cards distributed already?

104,661,310 tokens * $2,46 = $257,466,822.6 need to be collected

To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)

Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952

Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)

So, to collect $51,493,364,520  TenX needs: $51,493,364,520 / $60 per person and yr  = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
Bad assumptions give bad results Smiley
1) 12k usd per person per year -> most ppl who get tenx card were early in crypto bussines = they got cash.
I got card for 1 month. My spending was ~11k usd in last month using card. My early spending should be close to 120k-150k usd per year. Average probably should be close to 50% or average yearly salary of person using card or more like 75%. I would say it is safe to assume 30k usd per year per user.

2) You don't count total value equal to 1 year earnings Smiley never ever!.
This company will not case to exist in 1 year so this assumption that company vaporizes in 1 year is extremely faulty giving huge error.
Look at Tesla P/E = infinity Smiley
Netflix P/E = 189
Amazon P/E = 297
Yelp P/E = 489

(P/E is Price/Earning)

Average for tech companies is ~30. Good companies with good potential growth in future are 100+. So Tenx should have at least P/E=100.


So after fixing base assumptions, let's fix your calculations:

104,661,310 tokens * $2,46 /100(p/e) = $2,574,668 need to be collected

To make this happen we need 200 * <$ value of 0.5%> = $51,493,364

$30,000 * 0,005 = $150 collected (0.5% reward)

So, to collect $2,574,668 TenX needs: $2,574,668 / $150 per person per year = 17164 customer  using card.

As far as i can know they will get about 25k working card till end of 2017.
So according to this calculation price NOW should be 2.46$(value used for calculations)*25000/17164 (really working  cards/amount from calculation) = 3,58USD per 1 PAY token.

If they get 50k working cards value should be 7,16USD, 100k working cards 35,8 USD.
1k working cards -> 1Pay = 0.35USD  Grin

Everything now depends how many cards were shipped! This is very valuable insider info.






███████████████████████████
███████████████████████████
██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████████
████████████▀▀       ▀▀████
█████▀▀▀▀▀▀             ███
██████████    ▄█████▄    ██
██████████    ███████    ██
██████████    ▀█████▀    ██
█████▄▄▄▄▄▄             ███
████████████▄▄       ▄▄████
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████████
███████████████████████████
███████████████████████████
.
●/
●/
●/
SLOTS
GAME SHOW
LIVE CASINO
●/
●/
ROULETTE
BLACKJACK
▄▄▄▄▄▄▄▄▄▄ ▄▄ ▄
|████████████████████████
.
ROLLBIT NFT
.
████████████████████████
ROLLBOT
ROLLBOXES
MARKETPLACE
|
   BONUS BATTLES   
.....WINNER TAKES ALL.....
TWITTER     |     DISCORD
..PLAY NOW..
GreatFelix
Member
**
Offline Offline

Activity: 168
Merit: 12


View Profile
December 01, 2017, 05:57:52 AM
 #4166

I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?

Is there over 17,000 cards distributed already?

Hey aoluain, TenX does not give out the numbers. I think they gonna do that when they hit a big milestone. Giving out numbers would lead to false assumptions - some people would not understand the numbers and the growth that will come over the next time periods. In the latest video TenX told us that they send like 500 cards out into the WaveCrest European Zone.

I am kinda sure they send way more than 17,000 cards out already - but this is just a personal opinion.
xibeijan
Legendary
*
Offline Offline

Activity: 1232
Merit: 1001


View Profile
December 01, 2017, 10:28:11 AM
 #4167

I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?

Is there over 17,000 cards distributed already?

Hey aoluain, TenX does not give out the numbers. I think they gonna do that when they hit a big milestone. Giving out numbers would lead to false assumptions - some people would not understand the numbers and the growth that will come over the next time periods. In the latest video TenX told us that they send like 500 cards out into the WaveCrest European Zone.

I am kinda sure they send way more than 17,000 cards out already - but this is just a personal opinion.

Not giving out numbers is keeping investors in the dark.  Shady!

Notable projects 2019: Semux, Dero, Wagerr, BEAM
Lisk-investor
Sr. Member
****
Offline Offline

Activity: 335
Merit: 250

Lisk the future is bright!


View Profile
December 01, 2017, 10:44:43 AM
 #4168

is there a desktop wallet?

DelevIsak
Member
**
Offline Offline

Activity: 190
Merit: 10


View Profile
December 01, 2017, 11:48:33 AM
 #4169

will there be news or updates for PAY this year?
have the same question
codemanX
Full Member
***
Offline Offline

Activity: 658
Merit: 129



View Profile
December 01, 2017, 02:41:49 PM
 #4170

is there a desktop wallet?
You can store PAY Token on every ERC20 compatible wallet, like MyEtherwallet or Mist. Further on hardware wallets like Trezor or Ledger Nano S.
GreatFelix
Member
**
Offline Offline

Activity: 168
Merit: 12


View Profile
December 01, 2017, 02:43:05 PM
 #4171

Hey -

I made a small video talking about my experience with my TenX card!

https://youtu.be/WSYVw8wM018
Zekia1
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
December 01, 2017, 02:44:42 PM
 #4172

I live in Amsterdam and i received my tenx card yesterday. Immediately tested it in a local restaurant and was able to pay for the dinner without any problems Cheesy

>>>>>>>confirm email from TENX<<<<<<<<<<<

SUCCESSFUL!

Transaction

270

EUR

 
  23-11-2017
       22:49

  MAMA KELLY AMSTERDAM~~AMSTERDAM~ 528
       Eating Places, Restaurants

  EXCHANGE-RATE
       6819.38


That was a very expensive dinner :-) :-)
Wow, man! Congratulations! I wanna try too
RitzBitzz
Sr. Member
****
Offline Offline

Activity: 331
Merit: 250


View Profile
December 01, 2017, 04:58:54 PM
 #4173

I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
So outside Europe, did the team release any info yet?
Sorry can’t really scroll to read everything
RitzBitzz
Sr. Member
****
Offline Offline

Activity: 331
Merit: 250


View Profile
December 01, 2017, 05:00:16 PM
 #4174

Hey -

I made a small video talking about my experience with my TenX card!

https://youtu.be/WSYVw8wM018
This is great can’t wait to use my card, hopefully it will be fully functioning before other card company release theirs first
DroidR17A
Full Member
***
Offline Offline

Activity: 490
Merit: 101



View Profile
December 01, 2017, 08:44:12 PM
 #4175

I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
So outside Europe, did the team release any info yet?
Sorry can’t really scroll to read everything

They have secured a new partner for global distribution, but I haven't seen any updates on when those will start shipping. Hopefully soon. I wants one!
TomCrypto
Full Member
***
Offline Offline

Activity: 718
Merit: 220


View Profile
December 01, 2017, 11:05:25 PM
 #4176

Ordered my card on september 2nd, I got it last saturday (a little less than 3 months).
I was really eager to test my card but unfortunatly i got it during the maintenance of last week. But I tested it three days ago when I went to the grocery store to buy some eggs and milk. Everything went fine and I'm really happy with my new card Smiley
Thank you tenX to deliver a Working product!
Great job Guys!
aqzu
Full Member
***
Offline Offline

Activity: 227
Merit: 100


View Profile
December 02, 2017, 12:30:06 AM
 #4177

so okex is adding TenX? another big exchanges. Smiley

Cant wait for party with tenx dividend this December. Cheesy
moratar
Newbie
*
Offline Offline

Activity: 59
Merit: 0


View Profile
December 02, 2017, 12:48:08 AM
 #4178

I love the moment when you are entering PIN into app.
For a second you can see your previous balance and after that you can see new balance Smiley It is so cool.

So easy to see how much fiat you had few hours ago or 1 day ago and how much you got now. Really nicely done.
Sitimunirah
Full Member
***
Offline Offline

Activity: 157
Merit: 100



View Profile
December 02, 2017, 11:09:16 AM
 #4179

Okay tokencard just got delisted notice from bittrex.
Will the same thing happen to Tenx ? It is because of security stuff?
Both have similar structure, the dividend stuff.
unusualfacts30
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 500



View Profile
December 02, 2017, 12:26:30 PM
 #4180

Okay tokencard just got delisted notice from bittrex.
Will the same thing happen to Tenx ? It is because of security stuff?
Both have similar structure, the dividend stuff.

If you are worried about it you should transfer it to other exchange just tobe on the safe side. They will probably put up a notice if it happens.

Decentralized
Asset-Backed Banking

  ▄▄██████████████████
 █████████████████████
█████▀▀
████▀    ████
████     ████
████     ████
         ████     ████
         ████    ▄████
               ▄▄█████
█████████████████████
██████████████████▀▀ 
.TheStandard.io.█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
Pages: « 1 ... 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 [209] 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 ... 309 »
  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!