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Author Topic: Umbrella Coin  (Read 3020 times)
BitFarmer75 (OP)
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July 21, 2017, 03:37:05 AM
 #1

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.
nimethasa
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#SWGT PRE-SALE IS LIVE


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July 21, 2017, 05:05:24 AM
 #2

umbrella coin this now still promote to open ico selling
is same time i think much coin is above umbrela coin, sample shadow coin, bitjob, bitquence bowhead healt and more


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onrise
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July 21, 2017, 05:11:35 AM
 #3

Not sure about this coin . But there are many better altcoins in pre ICO stages currently which are genuine and if some investment made in this coins may yield you good returns for future. Do you research before investing in any unknown altcoins as they may lead a heavy loss to you .

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BitFarmer75 (OP)
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July 21, 2017, 06:31:30 AM
 #4

I don't know, I read more into it and I think it might be worth it. I read their whitepaper and it made a lot of sense.  The LinkedIn profiles for the development team said they all work at Microsoft so they are very experienced. I feel there a great chance they will succeed, but if anyone has a crystal ball please share it with me!
Odetas
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July 21, 2017, 06:34:03 AM
 #5

Not sure about this coin . But there are many better altcoins in pre ICO stages currently which are genuine and if some investment made in this coins may yield you good returns for future. Do you research before investing in any unknown altcoins as they may lead a heavy loss to you .


is there a thread around many of these pre-ico coins?
MadPanda
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July 27, 2017, 11:35:25 AM
 #6

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.


I was a little skeptical at first but I've been watching this ICO for over a week now and there content just keeps growing.
The Devs are quick to respond to any questions thrown at them,They have a solid and growing development team most whos LinkedIn pages are pretty easy to find and these guys have a solid work background.
They also just overhauled there website the other day and are very active on the forums.

The project seems like its young but very promising and I cant wait to see how this turns out.

Bakemat
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July 27, 2017, 02:36:57 PM
 #7

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.


Everyone is just the same, just a different name. And the price actually. But just to make sure, just wait if the society will accept that coin. If investors will invest on that coin, then thats good.
cdog
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July 27, 2017, 03:03:35 PM
 #8

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.

Umbrella Coin has a very good system, I will discuss this with Dev Umbrella and i will analyze whether this coin will have many enthusiasts.
imrobo2
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July 27, 2017, 03:10:02 PM
 #9

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.


Hello, well you can find the social media campaign for this coin here with the linked mentioned in my reply, this campaign is running since 17/07/2017.  https://bitcointalk.org/index.php?topic=2027272.0 visit this and join if you want.
yillusion
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July 27, 2017, 03:18:53 PM
 #10

never heard this before, there are many projects looking good recently, like polkadot, ipfs, kyber, i only hate my eth is too little to send
MadPanda
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July 29, 2017, 08:33:41 PM
 #11

They added a video and a pre-sale countdown to there website which looks a lot better now. Cool
Been chatting with the Devs about how there service will function and it seems like a cool idea to help out someone who finds themselves having one of those days if you know what I mean.


danipay
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July 29, 2017, 08:53:25 PM
 #12

They added a video and a pre-sale countdown to there website which looks a lot better now. Cool
Been chatting with the Devs about how there service will function and it seems like a cool idea to help out someone who finds themselves having one of those days if you know what I mean.


but the ico is an ico. you know what the sistem. but you dont know whats happend next after closed. but we just think positive and we hope this coin will be rising in the future.
jnow
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July 29, 2017, 09:21:23 PM
Last edit: July 29, 2017, 10:11:17 PM by jnow
 #13

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.


How? How would they generate revenue, on what seems to be a charity fund??

From what I can see, you have to hold their tokens in their wallet for at least 6 months, or trade them back with a 10% penalty.

After 6 months you could trade the tokens back with no penalty (if approved). REALLY?

Flashy website, a plan that doesn't make sense... need I say more?

MadPanda
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July 29, 2017, 09:44:17 PM
 #14

They added a video and a pre-sale countdown to there website which looks a lot better now. Cool
Been chatting with the Devs about how there service will function and it seems like a cool idea to help out someone who finds themselves having one of those days if you know what I mean.


but the ico is an ico. you know what the sistem. but you dont know whats happend next after closed. but we just think positive and we hope this coin will be rising in the future.

The game of crypto is in its self a huge unknown but I understand where your coming from, Ive been burned a few times on both live coins and ICO's I was even a part of the Superior coin disaster but we must stay positive and look to the future, I see quite a few up and coming Dev teams promoting amazing services with great transparency and a stellar team and I place Umbrella Coin in that lot,
The true test of there integrity will be the progress they make in the next few weeks and as long as they stay active I'm going to drop a few ETH there way.

umbrellacoin
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July 29, 2017, 09:58:59 PM
 #15

I found a new coin here that looks like the next big thing. My friend was talking about it how they have a plan to help people with financial stress. So far they are building a system that is leading up to that.
here is the web site

https://www.umbrellacoin.org/

I am new to this. I just want to hear any opinions from anyone that knows.


How? How would they generate revenue, on what seems to be a charity fund??

From what I can see, you have to hold their tokens in their wallet for at least 6 months, or trade the back with a 10% penalty.

After 6 months you could trade the tokens back with no penalty (if approved). REALLY?

Flashy website, a plan that doesn't make sense... need I say more?



We're generating revenue based on startup costs for creating a policy, early withdrawal fees (which have had the date and percentage increased after we ran some simulations), fraudulent claim fees and potentially investing existing float, like a traditional insurance company would.

There are existing services that allow you get your funds back with no penalty (https://www.lemonade.org). We're planning on following a similar model to them but, because the community reviews claims rather than a centralized organization, fees can be lower.

Thanks for calling our website flashy, though! None of us have a background in web design!
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July 30, 2017, 05:29:19 AM
 #16

i probably haven't followed this as closely as some people, but from what i've seen the team is legit, they have a plan for the product and they're posting updates about their prototype. Personally I hate insurance so I'd really like them to succeed.
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July 30, 2017, 05:52:25 AM
 #17

If am not wrong then I think Umbrellacoin is related to Insurance and there are many coins and ICO's right now, though their idea is good and can contribute to the society but it is highly unlikely that every owner will think about making a social cause.
treebobjoe
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July 30, 2017, 06:14:06 AM
 #18

I've recently made some good trades, so I'm in a good position to invest some of my profits in promising ICOs. While this looks like a young team, it seems like there is some real dedication behind this project. It's been fun to watch this concept progress. I'm very excited for the token launch.
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July 30, 2017, 06:58:11 AM
 #19

I am one of those who supports their ICO and have observed the good progress on their project. Umbrella coin is interesting.
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July 30, 2017, 08:16:59 AM
 #20

If am not wrong then I think Umbrellacoin is related to Insurance and there are many coins and ICO's right now, though their idea is good and can contribute to the society but it is highly unlikely that every owner will think about making a social cause.

You may be right for that, but I think if you want to see a good ICO project, especially from their future concepts and prospects, maybe I think the concept and prospect of this project is very good and very convincing in the future, if you Mention the Project Owner with The concept of what they create is unlikely to be the same, because we all here do not understand about his thinking, so all we have to see is the concept and prospect of the project itself. I just found out there is someone who likens the concept of ICO project to the owner, I think your thinking like this is very wrong to judge a project.
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