Tradingene
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January 18, 2018, 02:39:45 PM |
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What happens if a creator goes crazy and decides to destroy his algorithm or simply take it away from the platform? Will the investor's money vanish?
Not at all, the creator wouldn't be able to do so under contractual terms, neither legally nor technically. Just like a builder cannot by his own decision demolish a house in which you've bought a flat from him. All money is stored on the accounts of investors, and the creator has no access to these accounts. Moreover, when an algorithm is started, its operation term is fixed, and the creator cannot cancel it. Subsequently, if the creator leaves the platform, investor's money will be protected, and the algorithm will keep on working until the smart contract expires.
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MandarineeseTrader
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January 18, 2018, 02:46:25 PM |
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I'll tell you what happens. An investor comes, looks at an idea being developed and quickly forges it himself. Why would he pay anybody? What is he, a fool? Especially if he is an experienced trader)))
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narrow-btc3
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January 18, 2018, 02:57:42 PM |
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Where is the guarantee that the system won't once hang up for a couple of hours or even days?
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Tradingene
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January 18, 2018, 03:04:31 PM |
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I'll tell you what happens. An investor comes, looks at an idea being developed and quickly forges it himself. Why would he pay anybody? What is he, a fool? Especially if he is an experienced trader)))
Theoretically it is possible to steal any idea, but let's think: does it make any sense? It is easier to buy an algorithm at the platform and test it than waste money (probably comparable to the amount the investor will pay at the platform) and more time. If an investor likes an idea, it means that he believes in it, it will bring him money and pay off eventually. Considering this, what is the point of taking the long way?Many traders and investors are already using trade algorithms. The problem of investors is that in order to develop strategies they have to hire a competent and trustworthy third party. If there is such party, it would be actually better to contact him. For everything else there's Tradingene - almost like Master Card
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Tradingene
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January 18, 2018, 03:11:44 PM |
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Where is the guarantee that the system won't once hang up for a couple of hours or even days?
Blockchain technology makes it possible for all systems to work in the distributed mode; they don't have a single point of failure. In other words: there's no point hanging up.
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etherchik
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January 18, 2018, 03:39:45 PM |
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If an exchange behaves improperly in relation to a trader, the platform stays out of business, right?
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Tradingene
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January 18, 2018, 03:52:33 PM |
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If an exchange behaves improperly in relation to a trader, the platform stays out of business, right?
The relations between exchange and users are regulated by rules of the exchange. Tradingene does not participate in these relations. We, in our turn, promise to choose reliable and verified platforms with proper reputation.
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yoyoyabit
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January 18, 2018, 04:00:01 PM |
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Isn't there a repeated auction option? What if I saw my bet lose, but I'm ready to pay more than the winner?
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Tradingene
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January 18, 2018, 05:02:08 PM |
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Isn't there a repeated auction option? What if I saw my bet lose, but I'm ready to pay more than the winner?
No, there won't be such opportunity. As soon as the auction ends, the smart contract comes into force. This is a mandatory condition of fairness and transparency of the transaction. Otherwise it would be endless bargaining.
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Tradingene
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January 18, 2018, 05:49:21 PM |
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Being an investor, can I stay anonymous on the platform, including anonymity towards the creator from which I buy an algorithm? So that he wouldn't know who I am?
Yes, you can work incognito at the platform.
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MandarineeseTrader
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January 18, 2018, 06:00:23 PM |
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Which customer information does the platform transfer to state bodies?
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Son_of_Scryptonit
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January 18, 2018, 06:03:33 PM |
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Seems like a dangerous idea to me. A hacker breaks the blockchain and gets access to my financial accounts...
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koksmaster
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January 18, 2018, 06:08:59 PM |
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At how many exchanges can I use the purchased algorithm?
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Tradingene
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January 18, 2018, 06:13:13 PM |
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Which customer information does the platform transfer to state bodies?
Tradingene does not cooperate with state authorities concerning customer data exchange. We don't store your personal information at the platform.
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Tradingene
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January 18, 2018, 06:20:35 PM |
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Seems like a dangerous idea to me. A hacker breaks the blockchain and gets access to my financial accounts...
No, in order to do so, the hacker needs to get access to your account from which the trade is carried out; i.e. he has to hack into your bank.
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ProxyMoxy
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January 18, 2018, 06:33:38 PM |
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Is algorithmic cryptocurrency trade somehow significantly different from Forex trade?
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orionluckyse7en
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3D Logo & Animated Design Services PM me ;)
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January 18, 2018, 06:50:17 PM |
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I see the roadmap and you have a long way to come to present and conduct the ICO. With this long journey, I think the preparations are well done and ready with the market demand.
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Tradingene
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January 18, 2018, 06:53:50 PM |
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At how many exchanges can I use the purchased algorithm?
You can work with the algorithm you've invested in at all exchanges with which the platform will cooperate. Tradingene plans to conclude cooperation contracts with all leading exchanges.
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Tradingene
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January 18, 2018, 07:03:59 PM |
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Is algorithmic cryptocurrency trade somehow significantly different from Forex trade?
Cryptocurrency exchange trade is only emerging; the only thing we can tell about it now is that it is very volatile. This factor shall be definitely taken into account by algorithm developers. In general, Forex and cryptocurrency are certainly similar in terms of algorithms. Stereotypes in the behavior of traders will hardly be significantly different.
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AnchelMannarino
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January 18, 2018, 07:12:29 PM |
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Looks like another youth-oriented project by developers who decided to make a killing on cryptocurrency hype.
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