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Author Topic: [ANN] MIROCANA.COM - FIRST ARTIFICIAL INTELLIGENCE FOR TRANSPARENT INVESTING  (Read 34942 times)
the_donald
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October 20, 2017, 07:19:06 AM
 #421

I read that Mirocana system plugs into the user's broker or exchange account. Isn't that dangerous, what if the system freaks out and makes disastrous trades?

The trading bots are already in use for a long time now. Im sure such errors like freaking out, are out of the system by now

Well the Mirocana system will probably work with API keys like most other trading platforms.
In those API keys you can give permissions to what an external resource is allowed to do (selling, buying, transfering, etc..)
Regarding the disastrous trade...
It could always happen that the bot/software does something which is bad.
I would start with creating a new account on my trading system and just use a small amount of trading money for a couple of weeks to see how the system performs.
Never go all-in in the beginning.

that's definitely good advice. try to experiment with various ways to invest and profit , but never put all your money on black Wink

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October 20, 2017, 07:22:27 AM
 #422

Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.

Will there be an English translation of this? Im curious to your review Smiley

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October 20, 2017, 07:44:05 AM
 #423

What will happen to the token when the sale ends?
Hey, FundCoin.io!
MIRO tokens will be available on EtherDelta within 48 hours after a Token Sale.
It's about trade.
But also you can collect them to get access to our investment products.
https://mirocana.com/products/

Only EtherDelta? What about other biggest exchanges? (Bittrex, Binance, Poloniex etc)
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October 20, 2017, 08:02:30 AM
 #424

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?

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October 20, 2017, 08:35:24 AM
 #425

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?


Well yes, I think a separate trading account just for the bot would be the firsr basic protection layer.
Don't put any funds to the account, you don't want traded by the bot


Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.
Why didnt you write it in english ?  Grin
If so, maybe i will read it

Sorry... I wrote it for my audience at the Telegram channel which is primarily Russians. Quick summary would be:
1. Product is impossible to build with CEO's lack of the management experience, the only proof of concept they have doesn't work
2. Team lacks experience in their expertises
3. No relevant advisors on board, the case of adding 5+ fake advisors that never heard of Mirocana, only 4 advisors left on board out of ~15-20
4. Possible legal issues in Canada as their tokens can be considered as Securities if anybody asks OCS kindly to check Mirocana Smiley

That's pretty much it. I advised to invest in their ICO only to sell their coins at the peak. No possible long term profits as investors will start selling like crazy as soon as Mirocana launches.

So which advisors are you talking about? Have you personally contacted the advisors?

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October 20, 2017, 08:35:33 AM
 #426

What will happen to the token when the sale ends?
Hey, FundCoin.io!
MIRO tokens will be available on EtherDelta within 48 hours after a Token Sale.
It's about trade.
But also you can collect them to get access to our investment products.
https://mirocana.com/products/

Only EtherDelta? What about other biggest exchanges? (Bittrex, Binance, Poloniex etc)

coinexchange.io would be enough, i think Smiley easy to get listed there

btw. the telegram mirocana bot, is there a tutorial on how to use it or a compilation of the commands?
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October 20, 2017, 08:38:11 AM
 #427


Do you have blog or medium?
FundCoin.io
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October 20, 2017, 08:39:12 AM
 #428

What will happen to the token when the sale ends?
Hey, FundCoin.io!
MIRO tokens will be available on EtherDelta within 48 hours after a Token Sale.
It's about trade.
But also you can collect them to get access to our investment products.
https://mirocana.com/products/

thanks!
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October 20, 2017, 08:41:30 AM
 #429

Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.

Will there be an English translation of this? Im curious to your review Smiley

I don't think I'll have time for this. If anybody can help me with the English translation, I would be very grateful. I summarized all of my findings in the post that followed my original one. All the proofs are in the article.

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?


Well yes, I think a separate trading account just for the bot would be the firsr basic protection layer.
Don't put any funds to the account, you don't want traded by the bot


Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.
Why didnt you write it in english ?  Grin
If so, maybe i will read it

Sorry... I wrote it for my audience at the Telegram channel which is primarily Russians. Quick summary would be:
1. Product is impossible to build with CEO's lack of the management experience, the only proof of concept they have doesn't work
2. Team lacks experience in their expertises
3. No relevant advisors on board, the case of adding 5+ fake advisors that never heard of Mirocana, only 4 advisors left on board out of ~15-20
4. Possible legal issues in Canada as their tokens can be considered as Securities if anybody asks OCS kindly to check Mirocana Smiley

That's pretty much it. I advised to invest in their ICO only to sell their coins at the peak. No possible long term profits as investors will start selling like crazy as soon as Mirocana launches.

So which advisors are you talking about? Have you personally contacted the advisors?


I contacted all 4 of them. They had around 15-20 advisor before the scandal with Mirocana using advisors' photos and names without their consent. After the cleanup they were left with 4 advisors and *none* of the advisors advise Mirocana on trading, investing or tech. One advisor is for legal issues, another advises how to make ICO, third one solely advises Mirocana on their finances (again, not on investing or trading but just accounting), fourth one haven't responded yet and will probably not respond (Peter).
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October 20, 2017, 08:58:39 AM
 #430



Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.
Why didnt you write it in english ?  Grin
If so, maybe i will read it

Sorry... I wrote it for my audience at the Telegram channel which is primarily Russians. Quick summary would be:
1. Product is impossible to build with CEO's lack of the management experience, the only proof of concept they have doesn't work
2. Team lacks experience in their expertises
3. No relevant advisors on board, the case of adding 5+ fake advisors that never heard of Mirocana, only 4 advisors left on board out of ~15-20
4. Possible legal issues in Canada as their tokens can be considered as Securities if anybody asks OCS kindly to check Mirocana Smiley

That's pretty much it. I advised to invest in their ICO only to sell their coins at the peak. No possible long term profits as investors will start selling like crazy as soon as Mirocana launches.


Quote
I contacted all 4 of them. They had around 15-20 advisor before the scandal with Mirocana using advisors' photos and names without their consent. After the cleanup they were left with 4 advisors and *none* of the advisors advise Mirocana on trading, investing or tech. One advisor is for legal issues, another advises how to make ICO, third one solely advises Mirocana on their finances (again, not on investing or trading but just accounting), fourth one haven't responded yet and will probably not respond (Peter).

I personally like this Project but still, this are important issues.

Mirocana dev is very active on thread, he will probably give detailed answers for this issues.



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October 20, 2017, 09:10:52 AM
 #431

Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.

Will there be an English translation of this? Im curious to your review Smiley

I don't think I'll have time for this. If anybody can help me with the English translation, I would be very grateful. I summarized all of my findings in the post that followed my original one. All the proofs are in the article.

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?


Well yes, I think a separate trading account just for the bot would be the firsr basic protection layer.
Don't put any funds to the account, you don't want traded by the bot


Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.
Why didnt you write it in english ?  Grin
If so, maybe i will read it

Sorry... I wrote it for my audience at the Telegram channel which is primarily Russians. Quick summary would be:
1. Product is impossible to build with CEO's lack of the management experience, the only proof of concept they have doesn't work
2. Team lacks experience in their expertises
3. No relevant advisors on board, the case of adding 5+ fake advisors that never heard of Mirocana, only 4 advisors left on board out of ~15-20
4. Possible legal issues in Canada as their tokens can be considered as Securities if anybody asks OCS kindly to check Mirocana Smiley

That's pretty much it. I advised to invest in their ICO only to sell their coins at the peak. No possible long term profits as investors will start selling like crazy as soon as Mirocana launches.

So which advisors are you talking about? Have you personally contacted the advisors?


I contacted all 4 of them. They had around 15-20 advisor before the scandal with Mirocana using advisors' photos and names without their consent. After the cleanup they were left with 4 advisors and *none* of the advisors advise Mirocana on trading, investing or tech. One advisor is for legal issues, another advises how to make ICO, third one solely advises Mirocana on their finances (again, not on investing or trading but just accounting), fourth one haven't responded yet and will probably not respond (Peter).

Thanks did't know about this advisors thing,  let's see what dev have to say about this

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October 20, 2017, 09:19:55 AM
 #432

Those kinds of project seems really popular right now.

Do we have some datas on the potential ROIs using such AI ?

I'll add this project to my list.
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October 20, 2017, 09:36:44 AM
 #433

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?

It is better not to use our main trading account to connect with mirocana if we still not trust it yet. We can create a new broker's account instead.
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October 20, 2017, 09:37:44 AM
 #434



Wrote an article with the thorough analysis of the Mirocana ICO: http://telegra.ph/CHestnyj-obzor-ICO-Mirocana-10-20.

I analyzed their team, advisors, product and legal aspect. Sorry, in Russian.
Why didnt you write it in english ?  Grin
If so, maybe i will read it

Sorry... I wrote it for my audience at the Telegram channel which is primarily Russians. Quick summary would be:
1. Product is impossible to build with CEO's lack of the management experience, the only proof of concept they have doesn't work
2. Team lacks experience in their expertises
3. No relevant advisors on board, the case of adding 5+ fake advisors that never heard of Mirocana, only 4 advisors left on board out of ~15-20
4. Possible legal issues in Canada as their tokens can be considered as Securities if anybody asks OCS kindly to check Mirocana Smiley

That's pretty much it. I advised to invest in their ICO only to sell their coins at the peak. No possible long term profits as investors will start selling like crazy as soon as Mirocana launches.


Quote
I contacted all 4 of them. They had around 15-20 advisor before the scandal with Mirocana using advisors' photos and names without their consent. After the cleanup they were left with 4 advisors and *none* of the advisors advise Mirocana on trading, investing or tech. One advisor is for legal issues, another advises how to make ICO, third one solely advises Mirocana on their finances (again, not on investing or trading but just accounting), fourth one haven't responded yet and will probably not respond (Peter).

I personally like this Project but still, this are important issues.

Mirocana dev is very active on thread, he will probably give detailed answers for this issues.




Oh these are interesting informations. I personally hope the dev will clarify this sooner then later.

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October 20, 2017, 09:38:08 AM
 #435

Those kinds of project seems really popular right now.

Do we have some datas on the potential ROIs using such AI ?

I'll add this project to my list.

AI is really nice!
I'm a huge fan of AI, so I'm also following this project! Really hope some of the devs could explain the things said about the team mentioned above?
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October 20, 2017, 10:04:30 AM
 #436

The market cap placed at about 40 million USD is rather big. Are professional auditors involved into this token sale?
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October 20, 2017, 10:19:22 AM
 #437

whats the cap for the pre ico?
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October 20, 2017, 12:03:11 PM
 #438

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?

It is better not to use our main trading account to connect with mirocana if we still not trust it yet. We can create a new broker's account instead.

Yep, you don't have to trust the system first. try and then judge it. The best systems will raise to the surface eventually.

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October 20, 2017, 12:12:01 PM
 #439

Thanks for your answers guys. Remember I'm not throwing around accusations, I'm just saying I'd be a little cautious  with any 3rd party trading bot that integrates with your trading account.

Better be safe than sorry, that's why I'm asking what kind of guarantees or safeguards does Mirocana offer?

It is better not to use our main trading account to connect with mirocana if we still not trust it yet. We can create a new broker's account instead.

That is true that we should make a separate account with some funds just for Mirocana trading. Unfortunately, that also means that we wouldn't be able to have Mirocana trade with as much funds as we would probably like (assuming that the performance is good).

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October 20, 2017, 01:01:08 PM
 #440

I think artificial intelligence is a powerfull application for invest. Trade bot if they are well developed could be really performant, and MIROCANA allow people to add some code to improve the IA, it’s really nice.
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