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lsgnaija
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August 25, 2017, 02:39:20 PM |
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Gambling with a bit of ponzi mixed in tbh. The marketing material is looking good but after reading more into the matter I start wondering about the concept.
If you read it carefully there is nothing like gambling and ponzi. All you need is get a snapup coin visit the catalog and buy anything you like without stress. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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lsgnaija
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August 25, 2017, 02:43:30 PM |
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umm.. so I had a look a the whitepaper and this looks similar to the vipauction scam that everybody can check out online.. only that here we have more of a ponzi scheme. Recruit more people = better chance to win? Yeah... no thanks!
The difference is clear. You can't compare Snapup with Vipauction. Snapup laid down principles and roadmap is unique. You profit all the way. |
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areschen
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August 25, 2017, 04:16:45 PM |
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I hope some of us will be able to test the system long before the official release in Q1 2018.
Is there a waiting list for beta access available?
It should be available as a beta to some beta testers. If the test version is ok, I can join the inner test. |
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niceli
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August 25, 2017, 04:26:24 PM |
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Gambling with a bit of ponzi mixed in tbh. The marketing material is looking good but after reading more into the matter I start wondering about the concept.
If you read it carefully there is nothing like gambling and ponzi. All you need is get a snapup coin visit the catalog and buy anything you like without stress. Except you don't just buy something. There is an algorithm that decides who "wins" the item. The others pay to be part of the auction, don't get an item but have a higher propability to win in the next round. Why wouldn't you consider it as gambling? |
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kraterion
Full Member
 Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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August 25, 2017, 04:37:07 PM |
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Nice video, how spider algorithm works means that if I search for a niche product I have a lot of chance to buy it on discount, unless I'm unlucky and everyone want that (and maybe this means we are all weird  ) |
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pynetx
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August 25, 2017, 04:44:25 PM |
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so, you basically using machine learning to choose a winner. Right?
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Retired
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August 25, 2017, 04:54:03 PM |
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The only problem I can think of is that people won't like the uncertainty. I doubt you can get them to "bid" more than once or twice.
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Elkmar
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August 25, 2017, 05:07:44 PM |
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Nice video, how spider algorithm works means that if I search for a niche product I have a lot of chance to buy it on discount, unless I'm unlucky and everyone want that (and maybe this means we are all weird ) No, you did not understand. When you want a product that is not on the website, you search it with the spider algorithm, then you're added to a snapup already existing in the same range of price. If you win the snapup, you don't win the original product but the product you asked for. So the chance to win a product by using spider algorithm are always the same as participating in an orginal snapup, even if you search a product that nobody asks for. |
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areschen
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August 25, 2017, 05:30:56 PM |
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Nice video, how spider algorithm works means that if I search for a niche product I have a lot of chance to buy it on discount, unless I'm unlucky and everyone want that (and maybe this means we are all weird ) No, you did not understand. When you want a product that is not on the website, you search it with the spider algorithm, then you're added to a snapup already existing in the same range of price. If you win the snapup, you don't win the original product but the product you asked for. So the chance to win a product by using spider algorithm are always the same as participating in an orginal snapup, even if you search a product that nobody asks for. cool video， thanks for detail information of spider algorithm |
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matjas
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August 25, 2017, 05:38:27 PM |
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Nice video, how spider algorithm works means that if I search for a niche product I have a lot of chance to buy it on discount, unless I'm unlucky and everyone want that (and maybe this means we are all weird ) No, you did not understand. When you want a product that is not on the website, you search it with the spider algorithm, then you're added to a snapup already existing in the same range of price. If you win the snapup, you don't win the original product but the product you asked for. So the chance to win a product by using spider algorithm are always the same as participating in an orginal snapup, even if you search a product that nobody asks for. So when this platform evolves a little, there will be snapup events where people could be biding for totally different products as long as they are in the same price range. What that means is, there will be a big number of events running and they will be finished fast because there wont be a need to wait for specific buyers to join. |
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Retired
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August 25, 2017, 05:45:17 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
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Heimer
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August 25, 2017, 05:49:19 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
You will participate in events with different goods, so you will always know what you are bidding. If you want to increase chances to win you can participate with different accounts in the same time. |
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FIEX
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August 25, 2017, 06:01:33 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
People will see what product it is. They know what they are buying. Its also possible to pay more, check demo! You need to do a little more research  This project has everything covered  |
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magisterr
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August 25, 2017, 07:09:11 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
You will participate in events with different goods, so you will always know what you are bidding. If you want to increase chances to win you can participate with different accounts in the same time. So, I can take part in auction in few different things? If I want phone and laptop, than i can order 2 things in same time?  |
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snapup
Full Member
Offline
Activity: 140
Merit: 100
Snapup - Disrupt the way you buy premium products!
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August 25, 2017, 07:27:01 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
You will participate in events with different goods, so you will always know what you are bidding. If you want to increase chances to win you can participate with different accounts in the same time. So, I can take part in auction in few different things? If I want phone and laptop, than i can order 2 things in same time? If I get your question you are meaning this: Since snapups are merged together if they are in the same price-range, if I participate to two events with the same price-range I will join the same snap for 2 dirfferent products? Nice question! The answer is no. There is a Scheduling system that prevents users to join the same event twice |
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Retired
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August 25, 2017, 07:34:45 PM |
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Am I seriously the only one who sees a problem in selling people something they don't yet know what it exactly is?
I think simply adding the ability to pay more to increase your chances to win an specific product would make it easier to sell the Snapup idea to shoppers.
People will see what product it is. They know what they are buying. Its also possible to pay more, check demo! You need to do a little more research This project has everything covered Okay I just noticed that. Then I guess they won't have that problem. |
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Wapinter (OP)
Legendary
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Activity: 2632
Merit: 1026
Hire me for Bounty Management
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August 25, 2017, 09:21:56 PM |
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3 DAYS TO GO!
3 DAYS LEFT! Presale is getting closer! Will you be one of the Innovators?
Join as an Early Investor and Claim a 20% Bonus on ico.snapup.biz
Just 3 more days.Get ready for the presale |
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MairaObergh
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August 25, 2017, 09:32:50 PM
Last edit: September 17, 2017, 04:27:03 AM by MairaObergh |
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I read the white paper and it's an interesting concept. And judging by the number of pages this thread has it seems very popular.
The huge negative that I see is waiting until Q1 2018 for the official release. I have learned very clearly that no matter how good a project is, it's best to not have your money locked up, unable to use for long periods of time.
No matter how good the coin was, I have missed on a lot of opportunities waiting for a coin to launch, where if I hadn't, I could have bought even more of that coin at launch than I did during its ICO.
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Trrrt
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August 25, 2017, 09:43:18 PM |
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Q1 2018 is pretty near for a project like Snapup. Its better to take time to do the things great. If Snapup launch the project with bugs and not enough features, people will cry and say that its not good. Its better to take the time to launch a good product with a lot of features and stable. Then investors will be glad and people who was afraid at the start will go in Snapup as fast as they can. Q1 2018 is not so long for a project like Snapup.
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lsgnaija
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August 25, 2017, 09:45:41 PM |
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I read the white paper. Interesting concept, and by the count of pages, seems very popular.
The negatives I see is waiting til Q1 2008 for the official release. It's the fear of missing out on other opportunity while my money sits there.
You will be able to trade the coin on the exchange market after the ICO. I guess. The snapup team will shed more light to this. Do not fear or panic snapup is here to set the pace and hold the ace. |
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