FrankCastle1
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February 27, 2018, 02:21:54 AM |
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For example if you purchase something with BTC, the BTC will automatically be converted to CRPT.
CRPT is only burned at 0.5% of the transacton for "fuel". The purchase would still be made in BTC in this example, but the CRPT would fuel the transaction. CRPT is a utility token for this purpose.
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FrankCastle1
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February 27, 2018, 02:40:25 AM |
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Still waiting for the big exchange from this project. I have been waiting a very long time to see the development of the project. At this point the CRPT price is very low and I am very sad to see this price. I hope in March many exchanges will list the CRPT and I am sure Binance and Huobi will be the two biggest exchanges at this time and the team should list these two exchanges now.
HitBTC is one of many exchanges that we are working with. All of the bigger exchanges require new tokens to be listed elsewhere first with good evidence of activities before they accept a new listing. Our listing is no different. Some others have long lead in periods due to listing backlogs. It is our intention to be listed on a wide range of exchanges as this is a very important part of our operating model since users of our platform need to own our token. But it must be a step by step controlled process. After the 1st listing others will soon follow so that we can naturally expand our platform user base. 1) During the first 3 months after the end of the token sale, all ICO tokens become cheaper. This is normal. Rare exceptions just break the rule. On average, after 3 months the price returns to the price on ICO. And then growths. 2) Officially, CRPT tokens have not been listed on any exchange. The first is planned in early March. On decentralized there are not many users, low volumes, so even small transactions lead to significant changes in the rate. Also, decentralized exchanges often have technical problems, for example, Etherdelta simply bugging for more than a week. 3) Crypterium product has not been launched yet in a full-fledged relation with CRPT tokens. There are no crypto-fiat transactions, so there are no commissions in tokens with subsequent burning of them. This is the mechanism which will increase the demand on tokens and influence their price.
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freedomgo
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February 27, 2018, 02:51:37 AM |
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I am glad FrankCastle1 is here to answer all the queries now, are you part of the team? Well, thank you for the time you spent and hope you will be very active here because since the ICO just finished, there will be more questions that will arise as investors have different mindset on their investing, some want instant return while some can hold and wait.
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FrankCastle1
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February 27, 2018, 02:58:39 AM |
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I am glad FrankCastle1 is here to answer all the queries now, are you part of the team? Well, thank you for the time you spent and hope you will be very active here because since the ICO just finished, there will be more questions that will arise as investors have different mindset on their investing, some want instant return while some can hold and wait.
Hi. I am. you can find me on the Telegram list of official support @FrankCastle1. I will be on this thread more often, now. The important thing to remember is that this is a utility token and not a cryptocurrency. It's intention is to be used as "fuel" for crypto-to-fiat transactions. Each transaction will burn 0.5% of CRPT, based on the value of the purchase. The value of CRPT will increase due to the burning process. The more burning that occurs, the more value is created and less and less CRPT required to cover the 0.5% transaction fee.
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FrankCastle1
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February 27, 2018, 03:09:58 AM |
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What happened to the $55mil? Will there be a breakdown on what expenditures were made for transparency to token holders?
We are updating our website now a key feature of which will be to checkpoints of progress.
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FrankCastle1
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February 27, 2018, 03:16:20 AM |
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Want to buy some CPRT tokens. Please tell me good decentralized exchange. Can I use app to payout my coffee without cprt? How much will CRPT fee between 2 apps? ty for response
We do not recommend using any exchange that have not been announced as the official exchanges of Crypterium, HitBTC is the first official exchange announced, with more to come. Please remain patient and wait for us to announce further exchanges. Using any unofficial exchange, in which we have no official contracts, nor have been verified by Crypterium, may result in loss of funds. Please be careful.
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FrankCastle1
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February 27, 2018, 03:22:51 AM |
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Can they issue virtual card to us now? and how much to pay so we can have one.
I have little amount of this token from the bounty campaign, better to use it now as all VISA cards are not working.
Crypterium has a banking partnership. The banking partner allows Crypterium to issue virtual cards on their own, so Crypterium can issue those virtual cards for the users. Virtual cards will be available after the release of the full application Crypterium 2.0
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FrankCastle1
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February 27, 2018, 03:29:42 AM |
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I put forward my concerns to the crypterium team on telegram about the delays in token distribution how they are taking 2 months to get listed on official exchanges, and why there first exchange next month will be HITBTC, that by the time they actually start moving other projects would be advanced compared to them and fintech is fast paced and needs momentum, also why isn’t there app even though not released why no advertisements only that little video buying coffee, my response to my questions was they just banned me from the group. So yes crypterium is a flop and the team are SHIT My guess is that they will not follow through on there promises if the price gets me my investment back I would sell as I actually hate the crypterium team, I bet there off spending the money they raised. Just goes to show never invest what you can’t afford to lose
Thanks for the feedback. We are actually right in line with our roadmap and white paper. The project is moving forward smoothly. I have provided you a link to show Crypterium by comparison. https://medium.com/@crypterium_io/crypterium-vs-everyone-else-dca07ac0902f
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freedomgo
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February 27, 2018, 03:37:16 AM |
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I am glad FrankCastle1 is here to answer all the queries now, are you part of the team? Well, thank you for the time you spent and hope you will be very active here because since the ICO just finished, there will be more questions that will arise as investors have different mindset on their investing, some want instant return while some can hold and wait.
Hi. I am. you can find me on the Telegram list of official support @FrankCastle1. I will be on this thread more often, now. The important thing to remember is that this is a utility token and not a cryptocurrency. It's intention is to be used as "fuel" for crypto-to-fiat transactions. Each transaction will burn 0.5% of CRPT, based on the value of the purchase. The value of CRPT will increase due to the burning process. The more burning that occurs, the more value is created and less and less CRPT required to cover the 0.5% transaction fee. So you are simply saying that the more people will be using this utility token the more the value will decrease, and with that the price will increase? I hope my understanding is correct because I am holding this token and I have a huge number of it for longer period of time.
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FrankCastle1
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February 27, 2018, 03:38:26 AM |
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Don't hold your breath guys/gals. These twits think their jobs are done because they launched a ico. That twit clearly thinks he dosn't need more cashflow to really gain it some traction.
He speaks english whenever you see him however, he does it poorly, very poorly. He should not be the face of a bank, he should not be on stage and i dare say he should not be in charge moving forward! He is trying to float a bank, he is out of his league right now and still his board has not hired a ceo with grit to launch a company with such a big dream. The proof is right in front of you all.
Show me a bank that when it was first founded it took its major stake holders to a crappy bar in Singapore and gave away 500 of their shares and then proceeded to poorly articulate all of the information they could already find out themselves weeks before this silly event!
The art of good marketing is not rocket science. This bank and its team of twits need to show the world what they should be buying into. Not telling them in broken english what they already know! This twit ignores the fact that it actually matters at this point to people with real money. He fails to articulate any kind of vision.
As i said, don't hold your breath. The proof is all there in front of you. Some, most of you probably just don't want to see it. Don't wory though, one of these stakeholders will probably let it fall on its nose (to me it seems its already speeding to the scene of the crash) and they will buy the asset for nothing and maybe you will get lucky and they will call it crypterium still. Maybe!
Hi. Thanks for the feedback and your opinion. We are right on course with our roadmap and whitepaper. Our teams profiles and achievements are available on LinkedIN. Many of the Crypterium management team are highly experienced digital payments professionals coming from some of the most innovative Fintech sectors in Europe and having spent the better part of 10 years developing digital payment and banking solutions. Before the team has attracted more than $50M of investment into fintech projects they have been responsible for creating and developing, including PayQR (Russia’s leading independent contactless payment platform), Workle (a digital sales platform that has over 1.5m independent users selling everything from credit cards to security alarms) and Bonus Club (a digital loyalty program that is integrated inside leading publishers’ web sites).
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FrankCastle1
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February 27, 2018, 03:51:50 AM |
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I am glad FrankCastle1 is here to answer all the queries now, are you part of the team? Well, thank you for the time you spent and hope you will be very active here because since the ICO just finished, there will be more questions that will arise as investors have different mindset on their investing, some want instant return while some can hold and wait.
Hi. I am. you can find me on the Telegram list of official support @FrankCastle1. I will be on this thread more often, now. The important thing to remember is that this is a utility token and not a cryptocurrency. It's intention is to be used as "fuel" for crypto-to-fiat transactions. Each transaction will burn 0.5% of CRPT, based on the value of the purchase. The value of CRPT will increase due to the burning process. The more burning that occurs, the more value is created and less and less CRPT required to cover the 0.5% transaction fee. So you are simply saying that the more people will be using this utility token the more the value will decrease, and with that the price will increase? I hope my understanding is correct because I am holding this token and I have a huge number of it for longer period of time. The more people that use the token, the more it's value will increase. It increases value as it burns, due to less tokens being in supply. The increase in value leads to less CRPT being needed to cover the 0.5% transaction, because the tokens will be worth more as they are burned. there are 18 digets after the decimal, so this token is designed to last many, many years.
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okinawa
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February 27, 2018, 05:14:58 AM |
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Want to buy some CPRT tokens. Please tell me good decentralized exchange. Can I use app to payout my coffee without cprt? How much will CRPT fee between 2 apps? ty for response
We do not recommend using any exchange that have not been announced as the official exchanges of Crypterium, HitBTC is the first official exchange announced, with more to come. Please remain patient and wait for us to announce further exchanges. Using any unofficial exchange, in which we have no official contracts, nor have been verified by Crypterium, may result in loss of funds. Please be careful. Oh wow really ? I thought it was safe to use decentralized exchange like Idex or Etherdelta to buy crypterium tokens. I know that Etherdelta used to get hacked before but Idex is safe to use in my opinion. I bought a few crypterium tokens on Idex before and it works great. Hitbtc is a good centralized exchange with good volume but I also heard people complain about it, some people lost their money on this exchange when they try to withdraw their btc.
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12jeffy12
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February 27, 2018, 08:21:11 AM |
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Do you plan to identify Crypterium clients or maintain anonymity?
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Shuman
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February 27, 2018, 08:35:44 AM |
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Do you plan to identify Crypterium clients or maintain anonymity?
Crypterium Lite App already done. But it working only like a wallet for your BTC, ETH and CRPT. Users who want to try app, first, have to pass KYC0. Then they able to send and receive CRPT between own wallet and the app. When the full version will completed (officially in H1) users need to pass next stages of KYC and that will opens all features.
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Shuman
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February 27, 2018, 08:43:26 AM |
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Want to buy some CPRT tokens. Please tell me good decentralized exchange. Can I use app to payout my coffee without cprt? How much will CRPT fee between 2 apps? ty for response
We do not recommend using any exchange that have not been announced as the official exchanges of Crypterium, HitBTC is the first official exchange announced, with more to come. Please remain patient and wait for us to announce further exchanges. Using any unofficial exchange, in which we have no official contracts, nor have been verified by Crypterium, may result in loss of funds. Please be careful. Oh wow really ? I thought it was safe to use decentralized exchange like Idex or Etherdelta to buy crypterium tokens. I know that Etherdelta used to get hacked before but Idex is safe to use in my opinion. I bought a few crypterium tokens on Idex before and it works great. Hitbtc is a good centralized exchange with good volume but I also heard people complain about it, some people lost their money on this exchange when they try to withdraw their btc. Ofcourse, as we all know, there are a lot of risk about cryptocurrencies and exchanges. Therefore all we do in our own responsability, but now bountyhunters dumped the price and gives us good ability to buy few coins with the best price (I mean less then ICO). Official exchanges and recommendations about them just marketing step that tries to hold the price onboard
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PETROS111280
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February 27, 2018, 10:37:08 AM |
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I hope CRPT price upcrease days by days from today.
THE PRICE DAYS BY DAYS WILL ONLY FAIL UNTIL WILL BE RELEASED THE REAL APP AND NFC PAYMENT POSSIBILITY THAT CAN TAKE VERY LONG TIME .
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PETROS111280
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February 27, 2018, 10:53:53 AM |
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I hope CRPT price upcrease days by days from today.
1) During the first 3 months after the end of the token sale, all ICO tokens become cheaper. This is normal. Rare exceptions just break the rule. On average, after 3 months the price returns to the price on ICO. And then growths. 2) Officially, CRPT tokens have not been listed on any exchange. The first is planned in early March. On decentralized there are not many users, low volumes, so even small transactions lead to significant changes in the rate. Also, decentralized exchanges often have technical problems, for example, Etherdelta simply bugging for more than a week. 3) Crypterium product has not been launched yet in a full-fledged relation with CRPT tokens. There are no crypto-fiat transactions, so there are no commissions in tokens with subsequent burning of them. This is the mechanism which will increase the demand on tokens and influence their price. Cheers! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) That is what people failed to understand because they need fast returns on their investment, within these 3 months most of the people who are very panic about the market starts to keep selling them in the market for the cheaper price. People who are holding the coin will make more money for their waiting. I can not understand people who invest in ICO and wait for a quick return, and sell at a loss if there is no return in the first months for me is first ico and i cant understand the people why invest to ico if the price after release drops 70 percents. just next time if i want to invest to ico i just will wait to tokens be tradeble on idex are ethdelta then buy
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identifyuser
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February 27, 2018, 01:21:45 PM |
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I hope CRPT price upcrease days by days from today.
1) During the first 3 months after the end of the token sale, all ICO tokens become cheaper. This is normal. Rare exceptions just break the rule. On average, after 3 months the price returns to the price on ICO. And then growths. 2) Officially, CRPT tokens have not been listed on any exchange. The first is planned in early March. On decentralized there are not many users, low volumes, so even small transactions lead to significant changes in the rate. Also, decentralized exchanges often have technical problems, for example, Etherdelta simply bugging for more than a week. 3) Crypterium product has not been launched yet in a full-fledged relation with CRPT tokens. There are no crypto-fiat transactions, so there are no commissions in tokens with subsequent burning of them. This is the mechanism which will increase the demand on tokens and influence their price. Cheers! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) That is what people failed to understand because they need fast returns on their investment, within these 3 months most of the people who are very panic about the market starts to keep selling them in the market for the cheaper price. People who are holding the coin will make more money for their waiting. I can not understand people who invest in ICO and wait for a quick return, and sell at a loss if there is no return in the first months for me is first ico and i cant understand the people why invest to ico if the price after release drops 70 percents. just next time if i want to invest to ico i just will wait to tokens be tradeble on idex are ethdelta then buy I regret that you were so unlucky with your first investment, but not all projects such, there are many other examples
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devildogg
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February 27, 2018, 11:29:53 PM |
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I hope CRPT price upcrease days by days from today.
1) During the first 3 months after the end of the token sale, all ICO tokens become cheaper. This is normal. Rare exceptions just break the rule. On average, after 3 months the price returns to the price on ICO. And then growths. 2) Officially, CRPT tokens have not been listed on any exchange. The first is planned in early March. On decentralized there are not many users, low volumes, so even small transactions lead to significant changes in the rate. Also, decentralized exchanges often have technical problems, for example, Etherdelta simply bugging for more than a week. 3) Crypterium product has not been launched yet in a full-fledged relation with CRPT tokens. There are no crypto-fiat transactions, so there are no commissions in tokens with subsequent burning of them. This is the mechanism which will increase the demand on tokens and influence their price. Cheers! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) That is what people failed to understand because they need fast returns on their investment, within these 3 months most of the people who are very panic about the market starts to keep selling them in the market for the cheaper price. People who are holding the coin will make more money for their waiting. I can not understand people who invest in ICO and wait for a quick return, and sell at a loss if there is no return in the first months for me is first ico and i cant understand the people why invest to ico if the price after release drops 70 percents. just next time if i want to invest to ico i just will wait to tokens be tradeble on idex are ethdelta then buy I believe it was unfortunate coincidence of many circumstances piled up together and reflected by major dips by bitcoin and ethereum: main street's expiring bitcoin features, uncertainty about banning of crypto by various countries one at the time (China, US, South Korea, Germany, etc), random decisions to close accounts of people dealing with cryptos by various banks from different countries, anticipation of news by US Congress/SEC hearing, IRS handling of profits and ongoin litigations between IRS and CoinBase... Too much uncertainty caused a lot of these drops, and, G knows, altcoins resonance much harder then bitcoin or ethereum .. We will be alright. I hold mine ---> not to sound cliche, but.. TO THE MOOOOOON!
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