[ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency

[ningrum]

mkc isn't reliable number to value a project, because if there isnt' enough liquidity nobody can exit their whole stash at that price when you have a volume of 10-20 btc...
As of right now only 246 BTC of the supply can be liquidated, that's nowhere near $132m ... only 3m$ actually, hence why the mkc is a useless figure to go  by.

If the market value is as low as $3 million then it would spell disaster for the company and investors.

I hope the team sit down and actually decide to take firm action which results in practical steps leading to success.

what the team must do is to keep the NPXS marketcap not below 69-30 million, and must remain in binance,
because if NPXS is no longer in binance then NPXS will be even more terrible

[D3m0nKinGx]

mkc isn't reliable number to value a project, because if there isnt' enough liquidity nobody can exit their whole stash at that price when you have a volume of 10-20 btc...
As of right now only 246 BTC of the supply can be liquidated, that's nowhere near $132m ... only 3m$ actually, hence why the mkc is a useless figure to go  by.

If the market value is as low as $3 million then it would spell disaster for the company and investors.

I hope the team sit down and actually decide to take firm action which results in practical steps leading to success.

what the team must do is to keep the NPXS marketcap not below 69-30 million, and must remain in binance,
because if NPXS is no longer in binance then NPXS will be even more terrible

Where is the team Public relations manager to address and communicate with investor / community concerns here on bitcointalk. Medium/twitter/telegram seem to be their main social outlets for investor awareness.. but bitcointalk has many watching this project as well.

[zahidmoon]

mkc isn't reliable number to value a project, because if there isnt' enough liquidity nobody can exit their whole stash at that price when you have a volume of 10-20 btc...
As of right now only 246 BTC of the supply can be liquidated, that's nowhere near $132m ... only 3m$ actually, hence why the mkc is a useless figure to go  by.

If the market value is as low as $3 million then it would spell disaster for the company and investors.

I hope the team sit down and actually decide to take firm action which results in practical steps leading to success.

what the team must do is to keep the NPXS marketcap not below 69-30 million, and must remain in binance,
because if NPXS is no longer in binance then NPXS will be even more terrible

Where is the team Public relations manager to address and communicate with investor / community concerns here on bitcointalk. Medium/twitter/telegram seem to be their main social outlets for investor awareness.. but bitcointalk has many watching this project as well.

well recent update on twitter is pundixlabs developments and planning for Q3 and Q4
makerDAO is working with pundix labs and be the first stable coin in there payment system. https://twitter.com/MakerDAO/status/1159128175558811648
pundi x price is 4 sat its very very cheap to according to the project. just have good hopes for the project let's see what pundi x will become.

[JollyGood]

https://twitter.com/PundiXLabs/status/1159092712961740801

Stable coin
@MakerDAO
 #DAI has arrived on #PundiX payment platform! #XWallet users can now top up and use DAI with #XPOS merchants. 50,000 MakerDAO-branded XPASS cards will be available.

Again no idea how valid this is tho

EDIT: what's funny is these "stablecoins" are pegged to a system of currency that is also ever so elegantly failing lol

https://www.cnbc.com/2019/08/05/crypto-rally-sparked-by-investors-seeking-hedge-against-rising-global-risks-says-bitcoin-bull-tom-lee.html

It might be funny but it is frightening to be honest.

Pundi X has digressed too far from its original plan (for XPOS devices) to be taken seriously any more.

[D3m0nKinGx]

https://twitter.com/PundiXLabs/status/1159092712961740801

Stable coin
@MakerDAO
 #DAI has arrived on #PundiX payment platform! #XWallet users can now top up and use DAI with #XPOS merchants. 50,000 MakerDAO-branded XPASS cards will be available.

Again no idea how valid this is tho

EDIT: what's funny is these "stablecoins" are pegged to a system of currency that is also ever so elegantly failing lol

https://www.cnbc.com/2019/08/05/crypto-rally-sparked-by-investors-seeking-hedge-against-rising-global-risks-says-bitcoin-bull-tom-lee.html

It might be funny but it is frightening to be honest.

Pundi X has digressed too far from its original plan (for XPOS devices) to be taken seriously any more.

They could've been more diligent about putting out road plans and getting the community more involved about project decisions, instead of just changing it up on the fly.

[JollyGood]

They could've been more diligent about putting out road plans and getting the community more involved about project decisions, instead of just changing it up on the fly.

Yes with that I completely agree. They have made a mess of that side of things.

Maybe they are now facing a down side in fortune because they did not involve their community and stake holders in those decision, instead unilaterally doing things on their own without general consensus.

I still do not see things changing in the short term. Something has to give otherwise Pundi X might never recover.

[D3m0nKinGx]

They could've been more diligent about putting out road plans and getting the community more involved about project decisions, instead of just changing it up on the fly.

Yes with that I completely agree. They have made a mess of that side of things.

Maybe they are now facing a down side in fortune because they did not involve their community and stake holders in those decision, instead unilaterally doing things on their own without general consensus.

I still do not see things changing in the short term. Something has to give otherwise Pundi X might never recover.

Since you and I have been discussing this today... there's been lil participation from any others following this thread.... that's worrisome in itself. And again it bothers me even more so nobody from the team is involved in this thread   

Yet at the same time I'm thinking what it cost the pundi team to get listed on Binance, they would do everything to keep up the confidence of their investors instead of letting their token tank and screw over everyone but themselves. I wouldn't be surprised if after the binance listing pundi devs were dumping coin.

[JollyGood]

They could've been more diligent about putting out road plans and getting the community more involved about project decisions, instead of just changing it up on the fly.

Yes with that I completely agree. They have made a mess of that side of things.

Maybe they are now facing a down side in fortune because they did not involve their community and stake holders in those decision, instead unilaterally doing things on their own without general consensus.

I still do not see things changing in the short term. Something has to give otherwise Pundi X might never recover.

Since you and I have been discussing this today... there's been lil participation from any others following this thread.... that's worrisome in itself. And again it bothers me even more so nobody from the team is involved in this thread   

Yet at the same time I'm thinking what it cost the pundi team to get listed on Binance, they would do everything to keep up the confidence of their investors instead of letting their token tank and screw over everyone but themselves. I wouldn't be surprised if after the binance listing pundi devs were dumping coin.

Again you raise a valid point. The participation of those promoting Pundi X are no longer posting here since our discussion expressing concerns with the strategy started.

I still do not see fraud but I see mismanagement and strategic failures by the Pundi X team. I cannot say if they were dumping coins on Binance or elsewhere but what I see is sadly incompetence on their part.

About getting listed on Binance apparently they no longer charge fees but look at projects viability then add them.

I hope people from the actual team post here as well instead of just using their Telegram.

[1BTC EQUALS 1CAR]

Pundi X recently completed integration support of its XPOS module on the Verifone X990 to allow a wider network of retailers to accept payments in cryptocurrencies.

https://blog.pundix.com/2019/07/11/pundi-x-successfully-completed-its-integration-support-for-verifone-x990-to-enable-crypto-payments-in-traditional-pos-terminals/

Thank you for the post.

When these be working in the real world? All we get is updates and press releases but nothing with real substance.

+1

Waiting for the same.. want some physical proof !

There is no physical proof. There are no mass devices in retail outlets around the world and if the Pundi X team do not get a move on they will lose the opportunity because competitors are out there trying to do the same thing.

I am looking at the same pattern from almost since when the project was launched.

If you ask questions here or say something that might not show Pundi X or its team in a good light, other users see it as an attack and they tend to post against you.

The number of glossy press releases and information about what has been tested and how it will take over the world do not seem to subside. In reality the facts are that this project was supposed to be a "point of sale terminal to be used in retail outlets which also facilitated in allowing users to purchase crypto using payment cards" but that never ever developed in to reality.

Somewhere along the line the expansion in to the Pundi X own personal blockchain and then its swaps of tokens NPXS/NPXSXEM and now more swaps with "FX" tokens. All this about staking this token and creating that mobile phone...... enough of the expansion and diversion from the original idea.

At least if the team had launched the product they had the ICO for and had flooded shopping malls and retail outlets with the XPOS devices it would have brought in a regular revenue stream for the Pundi X team and they would be able to have credibility by showing the world and showing investors they succeeded in making the XPOS device available worldwide and commonly used. After that they could have expanded in to other things.

Apart from glossy press releases and a handful of die-hard supporters here that blindly follow and believe in the Pundi X project - what else has the Pundi X team achieved? Nothing in practical terms and nothing in physical device terms has ever been released on a mass scale.

If they could not even make their first product for which the ICO was implemented why are they doing all these token swaps and staking and blockchain testing and mobile phone testing? So far I see nothing that makes me say Pundi X is a success.

They're literally running three different tokens on three different chains !

NPXS = ETH
NPXSXEM = Now on binance chain
and some F(x) token that's their own blockchain...

can we say money grab 

I guess we can say that the future of pundi x does not look pretty. I remember this token having so many exposure by youtubers and I legit thought that is really going to be the real deal. The time of hype for tokens is already over and people are now eager to see the global-use case of many project but they are just always on development.

[UDONNA]

At first, it seemed to me that PundiX is interesting and innovative in the blockchain field. It was hoped that it would actively develop along the path presented by the developers and this would bring good profit to all investors and token holders. However, today I am very disappointed.

[JollyGood]

I guess we can say that the future of pundi x does not look pretty. I remember this token having so many exposure by youtubers and I legit thought that is really going to be the real deal. The time of hype for tokens is already over and people are now eager to see the global-use case of many project but they are just always on development.

Well, just because the project owners claim they are busy with development does not mean they are telling the truth.

Right now I have no idea why Pundi X are heading down a road that leads to the too much expenditure on "development" but having no physical product that is actually being used and they have drifted so far from their original plan of having XPOS devices being used internationally. Now they are mentioning their own blockchain and their blockchain telephone and their token swaps again. Enough.

[danherbias07]

I think the owner is somebody very passionate about the project but he made too many mistakes. Also the investors never kicked up too much of a fuss about the issue when he was digressing away from the original XPOS project. There is still not enough evidence in my opinion about this being a money-grab operation, I just think they have spread out too fast and not ended up with even a single real product in a real life environment on a mass scale.

All these swaps and this staking nonsense just is a diversion from the real issue. Where are the XPOS devices in shopping malls in South America and the Middle East?

The public relations by the Pundi X team has been a total failure and that has contributed to some of the voices raising concern here.

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

[lkjhg]

At first, it seemed to me that PundiX is interesting and innovative in the blockchain field. It was hoped that it would actively develop along the path presented by the developers and this would bring good profit to all investors and token holders. However, today I am very disappointed.

Even so I think we should continue to provide support to his team,
I hope that in the future Pundi X team will get back up again as long as it is important to continue to follow its development

[JollyGood]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

[poodle63]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

Im sorry, but is that true if pundi will be doing another swap again?
What the heck is wrong with pundi?

It looks like the team is putting more effort into the token swap rather than think about how to make a fully working product alive and it can attract so many users.

Less and less buy order in binance and this team was doing something wrong.

[Anarchy101]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

Im sorry, but is that true if pundi will be doing another swap again?
What the heck is wrong with pundi?

It looks like the team is putting more effort into the token swap rather than think about how to make a fully working product alive and it can attract so many users.

Less and less buy order in binance and this team was doing something wrong.

Yes, they are going to swap the old NPXSXEM (the NEM based token) for the new NPXSXEM-B ( a binance chain based token). I too hope that after this they will finally be done with all the swapping.

[Distinctin]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

Im sorry, but is that true if pundi will be doing another swap again?
What the heck is wrong with pundi?

It looks like the team is putting more effort into the token swap rather than think about how to make a fully working product alive and it can attract so many users.

Less and less buy order in binance and this team was doing something wrong.

Yes, they are going to swap the old NPXSXEM (the NEM based token) for the new NPXSXEM-B ( a binance chain based token). I too hope that after this they will finally be done with all the swapping.

But if you are holdling an ER20 token like NPXS there's nothing to worry as there's no announcement, and we should not worry on the decreasing volume in Binance because we still have a lot of exchanges with good volume that are trading PundiX.

[JollyGood]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

Im sorry, but is that true if pundi will be doing another swap again?
What the heck is wrong with pundi?

It looks like the team is putting more effort into the token swap rather than think about how to make a fully working product alive and it can attract so many users.

Less and less buy order in binance and this team was doing something wrong.

The general sentiments are the same. People have had enough of these promotional announcements with glossy photos on a regular basis and are tired of the endless announcements about swaps.

2 Years ago the ICO was carried out with the aim of producing XPOS devices which were going to be installed as methods of payments in shops, restaurants, cafés and all sort of retail outlets. So where are the devices? Where is the progress? What is going on behind the scenes?

[miningguru]

I do hope they will end it with FX.
I am also one who got dragged by exchanging token from 1 PXS to 1000 NPXS and then now with FX. It got so messy.
But the application looks promising and I do think they will end will that. (I hope.)

Still people are waiting for the hardware to be presented in different countries and that means more money for them if merchants can use it with profits for every transaction made.

So tired that if there will be one more step then I will sell all my FX when the allocation is completed.

I hope they get their act together and stop all future token swaps. I agree, let them end it with FX tokens.

We still wait for the mass domination of XPOS and other items but still there is no evidence it will happen any time soon or even happen at all.

Im sorry, but is that true if pundi will be doing another swap again?
What the heck is wrong with pundi?

It looks like the team is putting more effort into the token swap rather than think about how to make a fully working product alive and it can attract so many users.

Less and less buy order in binance and this team was doing something wrong.

The general sentiments are the same. People have had enough of these promotional announcements with glossy photos on a regular basis and are tired of the endless announcements about swaps.

2 Years ago the ICO was carried out with the aim of producing XPOS devices which were going to be installed as methods of payments in shops, restaurants, cafés and all sort of retail outlets. So where are the devices? Where is the progress? What is going on behind the scenes?

I agree your intention is very good to find out what is happening exactly in the background, whether they have distributed the XPOS machines are not but as one of Pundix community i should always keep track of things. As of now, we are seeing updates throughout their social media channels as partnerships messages but we don't see any XPOS distributed to the retailers.

[JollyGood]

The general sentiments are the same. People have had enough of these promotional announcements with glossy photos on a regular basis and are tired of the endless announcements about swaps.

2 Years ago the ICO was carried out with the aim of producing XPOS devices which were going to be installed as methods of payments in shops, restaurants, cafés and all sort of retail outlets. So where are the devices? Where is the progress? What is going on behind the scenes?

I agree your intention is very good to find out what is happening exactly in the background, whether they have distributed the XPOS machines are not but as one of Pundix community i should always keep track of things. As of now, we are seeing updates throughout their social media channels as partnerships messages but we don't see any XPOS distributed to the retailers.

That is the part that frustrates me a lot. They should make that information available to the public or to their investors so they can see the number of XPOS devices in operation and where they are located as well as how much turnover they have from those XPOS devices.

Did they ever tell anybody or make any announcement as to why they embarked on the endless expansion and digression tactics to blockchain and mobile phone rather than concentrate on the core product that the ICO was conducted for.