ANN {PoWH3D}🚀 PROOF OF WEAK HANDS 🚀 2,790 ETH INVESTED SO FAR 🚀 NO ICO

[stil55]

I read some information from your forum thread and after that i had some questions about the PoWH3D project, is it an economic game or just a smart contract for investment with the receipt of dividends from the invested investments? How much percent of the profit will i receive as dividends if i invest in your 1ETH project or does it depend on how many referrals are registered and makes investments for referral link?

[aleks263]

Great project, I invested a few ETH and already got dividends in ETH:

dont miss it out and check it here and you may join here:

https://powh.io/?masternode=0x493d0e6a0011d177aff6eb674deba6c009de43ec

Go go P3D to the MOOOOOON..... Grin

[PoWH3D]

I read some information from your forum thread and after that i had some questions about the PoWH3D project, is it an economic game or just a smart contract for investment with the receipt of dividends from the invested investments? How much percent of the profit will i receive as dividends if i invest in your 1ETH project or does it depend on how many referrals are registered and makes investments for referral link?

You could say it is both, it is a smart contract in ETH that pays on volume and depending on how many withdraw or deposit and the price of the P3D token adjusts accordingly.

We just had one person deposit 99 ETH so everyone who is currently in the contract received dividends from that one single deposit, with the amount relevant to the amount of P3D tokens you hold.   Now when anyone withdraws or deposits that person who deposited 99 ETH will receive large dividends from either action. 

So when someone joins you make money and when someone leaves and withdraws you make money, that is why it is called proof of weak hands the more you prove your hand is strong the more you stand to gain. 

ETH payments from referrals using the Masternode link are entirely separate and if someone signs up using your Masternode link you will receive a percentage of that, on top of your original percentage you would have received and you only need 5 P3D Tokens to run a Masternode and the system will auto-generate a link for you to share. 

Hope that helps.

[dooglus]

What system do you have in place to reimburse investors in your exchange if your contract is hacked or malicious code is entered into your website to have individuals deposit funds into another contract without their knowledge?

You do not really understand how smart contracts work from the sounds of it, perhaps go learn a little about them, again, for the third time, the contract CANNOT BE CHANGED OR ALTERED BY ANYONE INCLUDING THE DEVELOPERS.  

He's asking about what happens in the event that either the smart contract itself or your website are found to have exploitable vulnerabilities.

If the contract is vulnerable it's possible it could be drained by a hacker.

If the website is vulnerable it's possible it could be changed to redirect users to deposit to a different contract.

The fact that the contract cannot be changed is orthogonal to both of these concerns.

[PoWH3D]

He's asking about what happens in the event that either the smart contract itself or your website are found to have exploitable vulnerabilities.

If the contract is vulnerable it's possible it could be drained by a hacker.

If the website is vulnerable it's possible it could be changed to redirect users to deposit to a different contract.

The fact that the contract cannot be changed is orthogonal to both of these concerns.

Had to Google orthogonal.  

The contract is not vulnerable it is has been put through extensive robust penetration testing and it sits on the Etherium Blockchain so if that is hacked than many ERC20 contracts are in danger, it is not impossible but also not probable.

As far as the website being hacked, I can tell you that nearly every investor is visiting it several times a day and so are the devs, we would find out very quickly if the Website was hacked and if it was, we can pull the plug and there are redundancy plans for holders to access their funds as explained on page 1.    Further to that IF the website was hacked and someone was to invest, they could easily see our contract address and prior to sending on Metamask to ensure it is the correct contract.

You may or may not have noticed that the heading topic of this thread is updated several times a day to reflect the amount of ETH held in the contract so there is always a set of eyes on the website.   And we also have several of the creators and devs working non-stop (based in different parts of the World) on the actual website itself as the front page and interface is still a work in progress with new features to be added.  

Also, forgot to mention on our front page of the exchange there is a clickable link that shows the current contract balance and if clicked on takes you to the actual contract page so a user is able to verify themselves with ease.   https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe

Hope that clears up the previous posters concerns.  

And thanks for the new word.  

[bryanschererfrancois]

Just got in this is an amazing platform and concept. Wonder where it will be next year? 1million ETH?

[sncrypto1985]

This project is great. The community is super fun and friendly. The devs are constantly improving the site and ways to interact with the contract. Very talented group.

Don't miss your chance to be part of something new and fun. You might make a few bucks too.

https://powh.io

[JHB3]

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

[bobq]

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

[PoWH3D]

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

No it is not a coincidence, we have mentioned the fact that this Bitcointalk Thread now exists and some have decided to create accounts and post in it, that is fine with us.

We have also asked that they do not share their Masternode referral links here but what the general public does is out of our control.

The price was quite low to start and has grown to where it is today and continues to grow.  If you want to dig deeper or find out who the main holders it is all available for public viewing here.   https://etherscan.io/token/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#balances
 With the largest token holder at 2.39%.  We had one purchase yesterday of 99 ETH so that put that person in the top 3 or 4.  

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

Many found out via word of mouth or from Youtube, so it was not kept a secret, it was only later decided to have a Bitcointalk Account as that is what most projects have.  

This video was made 1 Month ago at project launch so it is not as though it was kept "hush hush" as your post suggests, it was just that with so much going on creating an official account here was not a priority.   In Hindsight, yes we probably should have created an ANN at the time but we cannot change the past so it is what it is.  
 https://www.youtube.com/watch?v=JxTb6yGiq6Q


When we created the ANN there was 1,850 in ETH invested, now we are sitting at 2,145 ETH.  

And please keep in mind even if you invest now if one of the whales or top 20 token holders has a weak hand and withdraws,  you will profit from that, the same as you will profit from any new investors, so it really is never too late, the contract will run for as long as Ethereum is running which we believe we be past our life-spans.

And the beauty of it, if 3 or 4 of the largest holders were to actually dump, the price will drop, everyone still holding will get a percentage of that "sell" and it will create new entry points at lower prices therefore making it even more viable, and no matter who dumps (if they actually did) the contract will still continue to run, it is immutable in perpetuity.  

  

[Calidude]

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

No it is not a coincidence, we have mentioned the fact that this Bitcointalk Thread now exists and some have decided to create accounts and post in it, that is fine with us.

We have also asked that they do not share their Masternode referral links here but what the general public does is out of our control.

The price was quite low to start and has grown to where it is today and continues to grow.  If you want to dig deeper or find out who the main holders it is all available for public viewing here.   https://etherscan.io/token/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#balances
 With the largest token holder at 2.39%.  We had one purchase yesterday of 99 ETH so that put that person in the top 3 or 4.  

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

Many found out via word of mouth or from Youtube, so it was not kept a secret, it was only later decided to have a Bitcointalk Account as that is what most projects have.  

This video was made 1 Month ago at project launch so it is not as though it was kept "hush hush" as your post suggests, it was just that with so much going on creating an official account here was not a priority.   In Hindsight, yes we probably should have created an ANN at the time but we cannot change the past so it is what it is.  
 https://www.youtube.com/watch?v=JxTb6yGiq6Q


When we created the ANN there was 1,850 in ETH invested, now we are sitting at 2,145 ETH.  

And please keep in mind even if you invest now if one of the whales or top 20 token holders has a weak hand and withdraws,  you will profit from that, the same as you will profit from any new investors, so it really is never too late, the contract will run for as long as Ethereum is running which we believe we be past our life-spans.

And the beauty of it, if 3 or 4 of the largest holders were to actually dump, the price will drop, everyone still holding will get a percentage of that "sell" and it will create new entry points at lower prices therefore making it even more viable, and no matter who dumps (if they actually did) the contract will still continue to run, it is immutable in perpetuity.  

  

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

No it is not a coincidence, we have mentioned the fact that this Bitcointalk Thread now exists and some have decided to create accounts and post in it, that is fine with us.

We have also asked that they do not share their Masternode referral links here but what the general public does is out of our control.

The price was quite low to start and has grown to where it is today and continues to grow.  If you want to dig deeper or find out who the main holders it is all available for public viewing here.   https://etherscan.io/token/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#balances
  With the largest token holder at 2.39%.  We had one purchase yesterday of 99 ETH so that put that person in the top 3 or 4. 

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

Many found out via word of mouth or from Youtube, so it was not kept a secret, it was only later decided to have a Bitcointalk Account as that is what most projects have. 

This video was made 1 Month ago at project launch so it is not as though it was kept "hush hush" as your post suggests, it was just that with so much going on creating an official account here was not a priority.   In Hindsight, yes we probably should have created an ANN at the time but we cannot change the past so it is what it is. 
 https://www.youtube.com/watch?v=JxTb6yGiq6Q


When we created the ANN there was 1,850 in ETH invested, now we are sitting at 2,145 ETH.   

And please keep in mind even if you invest now if one of the whales or top 20 token holders has a weak hand and withdraws,  you will profit from that, the same as you will profit from any new investors, so it really is never too late, the contract will run for as long as Ethereum is running which we believe we be past our life-spans.

And the beauty of it, if 3 or 4 of the largest holders were to actually dump, the price will drop, everyone still holding will get a percentage of that "sell" and it will create new entry points at lower prices therefore making it even more viable, and no matter who dumps (if they actually did) the contract will still continue to run, it is immutable in perpetuity.   

 

I have been following this and I can see from the link you provided earlier that the top 100 holders make up 65% of the total amount of tokens. 

And you say that 2 ETH for Developers and 20 ETH for advisors, how do we know these advisors actually exist and are not the developers themselves?

If that were the case it means that the Developers own 65% of all tokens and are the main ones making any money compared to the other holders. 

I looked at investing 1 Ether but to me it is too much risk for little reward when there is 65% of all tokens potentially in the hands of a small group of people and I noticed that on your rich list nearly all of those in the top 20 are selling tokens each day little by little (I have taken screen shots the last 3 days to compare them) so to me although I like the idea of the contract like you said and it cannot be changed the problem is that there is 65% of all owners possibly being 5 to 12 or so people. So for that reason I will pass.  Good luck with it but I cannot see it ending well because the top 20 is already starting to to syphon off money each 24 hours.     

[PoWH3D]

2,162 in contracts so far now.   

[raymondspeaks]

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

No it is not a coincidence, we have mentioned the fact that this Bitcointalk Thread now exists and some have decided to create accounts and post in it, that is fine with us.

We have also asked that they do not share their Masternode referral links here but what the general public does is out of our control.

The price was quite low to start and has grown to where it is today and continues to grow.  If you want to dig deeper or find out who the main holders it is all available for public viewing here.   https://etherscan.io/token/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#balances
 With the largest token holder at 2.39%.  We had one purchase yesterday of 99 ETH so that put that person in the top 3 or 4.  

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

Many found out via word of mouth or from Youtube, so it was not kept a secret, it was only later decided to have a Bitcointalk Account as that is what most projects have.  

This video was made 1 Month ago at project launch so it is not as though it was kept "hush hush" as your post suggests, it was just that with so much going on creating an official account here was not a priority.   In Hindsight, yes we probably should have created an ANN at the time but we cannot change the past so it is what it is.  
 https://www.youtube.com/watch?v=JxTb6yGiq6Q


When we created the ANN there was 1,850 in ETH invested, now we are sitting at 2,145 ETH.  

And please keep in mind even if you invest now if one of the whales or top 20 token holders has a weak hand and withdraws,  you will profit from that, the same as you will profit from any new investors, so it really is never too late, the contract will run for as long as Ethereum is running which we believe we be past our life-spans.

And the beauty of it, if 3 or 4 of the largest holders were to actually dump, the price will drop, everyone still holding will get a percentage of that "sell" and it will create new entry points at lower prices therefore making it even more viable, and no matter who dumps (if they actually did) the contract will still continue to run, it is immutable in perpetuity.  

  

so many newbie accounts, shilling the platform. Coincidence?

what was the price for the 1st people who bought in to the platform? Because the bitcointalk thread exist only since today.

No it is not a coincidence, we have mentioned the fact that this Bitcointalk Thread now exists and some have decided to create accounts and post in it, that is fine with us.

We have also asked that they do not share their Masternode referral links here but what the general public does is out of our control.

The price was quite low to start and has grown to where it is today and continues to grow.  If you want to dig deeper or find out who the main holders it is all available for public viewing here.   https://etherscan.io/token/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#balances
  With the largest token holder at 2.39%.  We had one purchase yesterday of 99 ETH so that put that person in the top 3 or 4. 

Yes, and somewhere in the thread it was mentioned that the contract has already existed for one month, and people had already been investing, so how comes this thread is new? How would people know about this project before the ann was published?

Many found out via word of mouth or from Youtube, so it was not kept a secret, it was only later decided to have a Bitcointalk Account as that is what most projects have. 

This video was made 1 Month ago at project launch so it is not as though it was kept "hush hush" as your post suggests, it was just that with so much going on creating an official account here was not a priority.   In Hindsight, yes we probably should have created an ANN at the time but we cannot change the past so it is what it is. 
 https://www.youtube.com/watch?v=JxTb6yGiq6Q


When we created the ANN there was 1,850 in ETH invested, now we are sitting at 2,145 ETH.   

And please keep in mind even if you invest now if one of the whales or top 20 token holders has a weak hand and withdraws,  you will profit from that, the same as you will profit from any new investors, so it really is never too late, the contract will run for as long as Ethereum is running which we believe we be past our life-spans.

And the beauty of it, if 3 or 4 of the largest holders were to actually dump, the price will drop, everyone still holding will get a percentage of that "sell" and it will create new entry points at lower prices therefore making it even more viable, and no matter who dumps (if they actually did) the contract will still continue to run, it is immutable in perpetuity.   

 

I have been following this and I can see from the link you provided earlier that the top 100 holders make up 65% of the total amount of tokens. 

And you say that 2 ETH for Developers and 20 ETH for advisors, how do we know these advisors actually exist and are not the developers themselves?

If that were the case it means that the Developers own 65% of all tokens and are the main ones making any money compared to the other holders. 

I looked at investing 1 Ether but to me it is too much risk for little reward when there is 65% of all tokens potentially in the hands of a small group of people and I noticed that on your rich list nearly all of those in the top 20 are selling tokens each day little by little (I have taken screen shots the last 3 days to compare them) so to me although I like the idea of the contract like you said and it cannot be changed the problem is that there is 65% of all owners possibly being 5 to 12 or so people. So for that reason I will pass.  Good luck with it but I cannot see it ending well because the top 20 is already starting to to syphon off money each 24 hours.     

You clearly don't understand the contract then my friend.

They may be siphoning off their tokens but let them do so - that's more eth in dividends for me!

If the top 50% sell immediately then I'll be a bloody Eth rich man. In fact - now that I think about it. Sell sell sell! lol

[dooglus]

I looked at investing 1 Ether but to me it is too much risk for little reward when there is 65% of all tokens potentially in the hands of a small group of people

What difference does it make to you if 65% is in the hands of a single person or 100 different people? Either way you're late to the game and will be paying off the earlier players if you get in.

[DigitCoinZ]

Life can be a little stagnant and boring at times. Chess and other board games can be boring, too. Why not spice things up a bit and play the PoWH3D game and get paid while playing it!

[raymondspeaks]

I looked at investing 1 Ether but to me it is too much risk for little reward when there is 65% of all tokens potentially in the hands of a small group of people

What difference does it make to you if 65% is in the hands of a single person or 100 different people? Either way you're late to the game and will be paying off the earlier players if you get in.

Isn't that the way every crypto ever invented works?

If people buy, then the price goes up. If people sell then the price goes down. It pays off early investors in the same way that Bitcoin did. Buy 10,000 bitcoin in 2010 -- be a millionaire now. Early investing works for everyone. Only if it's a good project mind you. I can think of a few coins that have tanked over the years.

[Ziyi]

Some interesting things that I have seen in the last couple of days:

- There is still not 1 address which has more than 3% of the tokens
- Price has been more stable than any other coin and keeps on rising steadily
- Whales are beginning to notice us. Our recent 99 ETH whale just got kicked from the #1 token holder spot
- Updates on the project will be released soon to incentivize more buying and selling
- Community is growing and more community programmers are interested in developing an ecosystem
- The average buy in range has increased from [0 - 1] up to [1 - 2] ETH

[Calidude]

I looked at investing 1 Ether but to me it is too much risk for little reward when there is 65% of all tokens potentially in the hands of a small group of people

What difference does it make to you if 65% is in the hands of a single person or 100 different people? Either way you're late to the game and will be paying off the earlier players if you get in.

Not just paying off the earlier players my point is if I were to invest 1 Ether than I get around 130 tokens and from what I understand they take 20% from that, 10% when you join and 10% if you leave so unless you can invest a lot more you are going to lose out and the only real winners are those with large holdings.

Like you said if you get in now all you are doing is donating to the big  holders.  Fuck that. 

[Calidude]

If people buy, then the price goes up. If people sell then the price goes down. It pays off early investors in the same way that Bitcoin did. Buy 10,000 bitcoin in 2010 -- be a millionaire now. Early investing works for everyone. Only if it's a good project mind you. I can think of a few coins that have tanked over the years.

Your comparison is flawed because although early adopters of Bitcoin made a lot of money anyone new who purchases Bitcoin can decide to sell and not be penalized for selling it once they have made a small or large profit, and you do not lose 10% when buying Bitcoin.

This would have been a good thing if everyone was allowed to buy in at the same time as everyone else but now the only real winners are those who have big holdings.   And my personal belief is that the 20 advisors thing is bullshit and is really just a small group of people that own over 50% of the tokens.  It is the same thing as having a 30 to 50 percent premine.  And I am guessing  you are one of those people that's why you are promoting it so much.

[raymondspeaks]

If people buy, then the price goes up. If people sell then the price goes down. It pays off early investors in the same way that Bitcoin did. Buy 10,000 bitcoin in 2010 -- be a millionaire now. Early investing works for everyone. Only if it's a good project mind you. I can think of a few coins that have tanked over the years.

Your comparison is flawed because although early adopters of Bitcoin made a lot of money anyone new who purchases Bitcoin can decide to sell and not be penalized for selling it once they have made a small or large profit, and you do not lose 10% when buying Bitcoin.

This would have been a good thing if everyone was allowed to buy in at the same time as everyone else but now the only real winners are those who have big holdings.   And my personal belief is that the 20 advisors thing is bullshit and is really just a small group of people that own over 50% of the tokens.  It is the same thing as having a 30 to 50 percent premine.  And I am guessing  you are one of those people that's why you are promoting it so much.

Haha. So how do you actually propose that everyone is allowed to buy in at the same time? I got in early - no-one stopped me. That's like me not buying bitcoin in 2014 because I wasn't told about it in 2008 lol.

Nope. I only shoved in an Eth, which now sits at around just over 2 Eth.

I've actually watched it grow in worth over the last two weeks too. I joined when there was only a few hundred Eth in the bag. I can vouch that I haven't seen anyone shove in a three figured Eth sum yet (and all transactions are visible). Also take note that if a small group of people want to come in and buy up the tokens then it is their freedom to do so. It's their Ethereum. That's Decentralisation. I will say there's no larger than a singular 4% stake, though.