Guillaume917 (OP)
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November 25, 2017, 05:04:16 PM
Last edit: November 25, 2017, 08:05:47 PM by Guillaume917 |
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In 2 days Phore is going to burn 41% of the coin supply. As you can see on the explorer ( https://chainz.cryptoid.info/phr) the first address which contains 7,730,304 PHR is going to oblivion. This is because a lot of people didn't claim their coin in time for the KTK>PHR swap. They offer PoS + Masternodes, and will launch an Open Bazaar-like market in Q1 2018 which will surely boost PHR value. Check out their ANN it's really well made : https://bitcointalk.org/index.php?topic=2307909.0After the swap the market cap will only be (18,877,369 - 7,730,304) x 0.45$ = 5,016,179$, so it's still a good entry point I believe. Besides masternodes are the new trend, just look at the recent growth of masternodes coins like Dash and Pivx. Tell me what you guys think  |
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burnedbyfees
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November 25, 2017, 05:12:18 PM |
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Might get a good short-term bump, but I think it's a long-term hodl is where an investor will make the most profits.
It all depends on the marketplace (coming q1 2018). How well will it function and will people use it?
If so, Phore skyrockets up there with the big boy privacy coins and could even go further.
I have a lot of confidence in the team from what I've seen so far. I think they can pull it off.
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Guillaume917 (OP)
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Merit: 3
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November 25, 2017, 05:27:55 PM |
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Might get a good short-term bump, but I think it's a long-term hodl is where an investor will make the most profits.
It all depends on the marketplace (coming q1 2018). How well will it function and will people use it?
If so, Phore skyrockets up there with the big boy privacy coins and could even go further.
I have a lot of confidence in the team from what I've seen so far. I think they can pull it off.
It's the second marketplace they develop so I believe they will deliver on that, hopefuly with a good and easy GUI. Me too, I spent some time on their Discord and they seem like a very friendly community, actually they remind me of the early Vertcoin community. |
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Delivering Blockchain Technology To The Real World |
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cryptoam
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November 25, 2017, 05:28:49 PM |
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yh...with Burn and Marketplace coming in Q1 2018, this might go huuuuge...
I am very pumped up on Phore
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burnedbyfees
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November 25, 2017, 05:39:45 PM
Last edit: November 25, 2017, 05:59:00 PM by burnedbyfees |
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Might get a good short-term bump, but I think it's a long-term hodl is where an investor will make the most profits.
It all depends on the marketplace (coming q1 2018). How well will it function and will people use it?
If so, Phore skyrockets up there with the big boy privacy coins and could even go further.
I have a lot of confidence in the team from what I've seen so far. I think they can pull it off.
It's the second marketplace they develop so I believe they will deliver on that, hopefuly with a good and easy GUI. Me too, I spent some time on their Discord and they seem like a very friendly community, actually they remind me of the early Vertcoin community. Phore discord is great, I've been popping in from time since I bought some. From the looks of the wallet and the previous experience of the dev I'm certain the market will arrive in q1 and look great. The real test is whether or not people will use it, I do think the time is right for a fully private decentralised market and know of at least one large community (which I won't mention) who are waiting for exactly that. |
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Ryancope123
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November 25, 2017, 06:12:31 PM |
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I am also part of phore, another proud member here!
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MartiniBlanco
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November 25, 2017, 06:33:52 PM |
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In 3 days Phore is going to burn 41% of the coin supply. As you can see on the explorer ( https://chainz.cryptoid.info/phr) the first address which contains 7,730,304 PHR is going to oblivion. This is because a lot of people didn't claim their coin in time for the KTK>PHR swap. They offer PoS + Masternodes, and will launch an Open Bazaar-like market in Q1 2018 which will surely boost PHR value. Check out their ANN it's really well made : https://bitcointalk.org/index.php?topic=2307909.0After the swap the market cap will only be (18,877,369 - 7,730,304) x 0.45$ = 5,016,179$, so it's still a good entry point I believe. Besides masternodes are the new trend, just look at the recent growth of masternodes coins like Dash and Pivx. Tell me what you guys think Thanks for the details. I will have a look at this coin. Burns are always good times to make some trades. |
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mayadin
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November 25, 2017, 06:40:58 PM |
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Has it happened yet?
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burnedbyfees
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November 25, 2017, 06:47:19 PM |
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Has it happened yet?
27th. |
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PatulacciM
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November 25, 2017, 07:34:29 PM |
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Bought a shit-ton of Phore, I really like the project and the team behind. They know how to handle unplanned events like when they had to take down Phr to fix an exploit. Very professionnal and honest team. These guys knows what they are doing. |
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Guillaume917 (OP)
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November 25, 2017, 08:05:23 PM
Last edit: November 25, 2017, 08:17:08 PM by Guillaume917 |
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Thanks for the details. I will have a look at this coin. Burns are always good times to make some trades.
You're welcome  If you have any question go to the ANN, the main developer is very active there. https://bitcointalk.org/index.php?topic=2307909.0 |
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Guillaume917 (OP)
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November 27, 2017, 01:22:21 PM |
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The burn is done, as you can see here : https://coinmarketcap.com/currencies/phore/Total supply is down to 11,270,151 PHR. |
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burnedbyfees
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November 27, 2017, 01:27:14 PM |
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Bought a shit-ton of Phore, I really like the project and the team behind. They know how to handle unplanned events like when they had to take down Phr to fix an exploit. Very professionnal and honest team. These guys knows what they are doing. The team behind it is great, never known a friendlier and less-toxic community. |
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Guillaume917 (OP)
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November 27, 2017, 01:29:12 PM
Last edit: November 28, 2017, 04:51:52 PM by Guillaume917 |
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Check these exciting comments made in Discord by Phore's lead developer, Julian : "I have so many cool ideas for Phore that I would share, but I can't commit to just yet... But really quick, I want to layout my vision. At first, we develop a smart contract side chain and useful contracts. Hopefully at this point, the price will rise enough that we can use dev funds to hire more developers and work on a few more things In addition to blockchain storage, I want to implement a longer-term siacoin-like storage that is incentivized by phore. This will allow decentralized databases and completely decentralized websites. Hardware wallets hopefully are coming soon. I'm getting my ledger nano s on december the 1st, and yeah, you could run a masternode from there sort of, but you'd still need a vps. As long as the transaction is not spent, the masternode will continue running. Also web wallet soon, sorta like myetherwallet." As you can see this guy means business, so come on board while the price is low Source : https://discord.gg/Jj8wBdp |
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zorzorz
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November 27, 2017, 01:39:11 PM |
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Phore has been glorious until this point. To be honest the master-node bug looked like a nail in the coffin for the coin, but the fix not only recovered but it also added the Zero Coin protocol in record time.
All coins would be lucky with such on-point development.
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burnedbyfees
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November 27, 2017, 01:51:22 PM |
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Phore has been glorious until this point. To be honest the master-node bug looked like a nail in the coffin for the coin, but the fix not only recovered but it also added the Zero Coin protocol in record time.
All coins would be lucky with such on-point development.
It was masterful, they turned a problem into a huge win and demonstrated the team's coding skills and work ethic at the same time. The price actually went up when trading was restored because everyone had increased confidence in the dev team. |
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Sikka157
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November 27, 2017, 03:38:24 PM |
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What makes this coin so special? I see a lot of positive comments about it on this thread. What is the total market cap of this coin? It doesnt show on coinmarketcap.com
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xshadowx
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November 27, 2017, 03:48:13 PM |
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What makes this coin so special? I see a lot of positive comments about it on this thread. What is the total market cap of this coin? It doesnt show on coinmarketcap.com
It doesn't show because they haven't update it yet, the devs contacted the page today after the burn so I guess it will take a few days to update it. I think I can't upload pictures but someone made a comparison against Particl  |
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burnedbyfees
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November 27, 2017, 03:48:41 PM |
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What makes this coin so special? I see a lot of positive comments about it on this thread. What is the total market cap of this coin? It doesnt show on coinmarketcap.com
That's because there has just been a burn of unswapped coins (from KTK to PHR). The main selling point is there will be a decentralised private marketplace for you to spend your Phore buying and selling items, like Ebay but private and p2p. But there's also other features like smart contracts coming. Masternodes and staking pay out pretty well too. |
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