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Author Topic: It's an old ANN thread. Please, follow the link shown below to the new thread  (Read 9775 times)
nixon99 (OP)
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July 30, 2018, 12:30:58 PM
 #621

Is there necessarily to open account in bank if so tell that policies that effects us in good way.
The Bank’s basic role is to support all the Azbit ecosystem services and thereby reduce internal operating expenses and increase profit. This will be achieved through the following features:
▲ Supporting fiat payments for the Azbit Pro exchange
▲ Supporting fiat payments through Azbit’s electronic payment system
▲ Deposits for the Azbit Pro investment platform
▲ Cold storage of private keys
▲ Resale of liquidity
▲ Payments and accounts in national currencies
▲ A currency exchange
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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July 30, 2018, 02:22:05 PM
 #622

HODL bitcoin for 5 years, one should have steel nerves. I would have got to a madhouse in the first year.
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July 30, 2018, 06:42:00 PM
 #623

1st thing that I had noticed was a catchy title, I'm a sucker for a catchy title
2nd thing I noticed was how amazing the community is, so, unsurprisingly enough, I'm now a big supporter of AZBIT
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July 30, 2018, 09:22:32 PM
 #624

Well, it seems that everything moves in this direction, but not in all countries, and not as quickly as we’d like, but there are reasons to be optimistic. Now they write about the fact that SEC considers to allow bitcoin ETFs in the US.
What is bitcoin ETF?
You’d rather google it. In short, this is an exchange instrument that will facilitate investing in bitcoin for banks, investment funds and other large investors.

Is it only for institutional investors or can also ordinary people use that investment vehicle to get into Bitcoin?
ETF is an exchange instrument for funds, banks, etc. I think the legalization of bitcoin ETF can bring stability of the bitcoin course, and it would make cryptocurrency accessible to a much larger audience of private traders

Ok I thought that ETFs can also be used by ordinary investors. Anyway it is bad then that the SEC doesn't move into that direction. What is their motivation to forbid access for institutional investors to this market? I mean the larger institutions in particular should have the expertise to make the right decisions, which is something they use as a claim why they only want accredited investors to invest in crypto projects.

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July 31, 2018, 08:06:03 AM
 #625

HODL bitcoin for 5 years, one should have steel nerves. I would have got to a madhouse in the first year.
That's what I'm talking about, HODL is not suitable for everyone. In addition, HODL can be recommended only for bitcoin, well, maybe also for ether. And what if I have different altcoins from bounty and airdrops, and I want to make money on them or at least exchange for fiat - here, both the ecosystem and the trading platform would've come in handy.

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July 31, 2018, 09:36:18 AM
 #626

Guys, I don’t understand, you discuss the prospects and convenience of Azbit services, ask about ICO date and other stuff. Does nobody else see that these are just plans? Even according to RoadMap they need minimum a year and a half for the full implementation of all services. And that's only if all goes to plan.
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July 31, 2018, 09:44:40 AM
 #627

Guys, I don’t understand, you discuss the prospects and convenience of Azbit services, ask about ICO date and other stuff. Does nobody else see that these are just plans? Even according to RoadMap they need minimum a year and a half for the full implementation of all services. And that's only if all goes to plan.

ICO is an investment, everyone’s discussing whether to invest or not, why did you suddenly get anxious about it?
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July 31, 2018, 09:46:51 AM
 #628

Where are the guarantees that Azbit or any other ICO will pay dividends to investors? Where are the guarantees that this ecosystem will become profitable? Don’t you think it's far less risky to buy bitcoin. That's the best investment, IMHO.
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July 31, 2018, 10:01:11 AM
 #629

Where are the guarantees that Azbit or any other ICO will pay dividends to investors? Where are the guarantees that this ecosystem will become profitable? Don’t you think it's far less risky to buy bitcoin. That's the best investment, IMHO.

Unlike bitcoin, Azbit at least provides guarantees – security-tokens are regulated by law. Look the discussion above, there was a link to CFTC advisory. I remember a great phrase in the end – "There is no guaranteed investment or trading strategy".

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July 31, 2018, 10:24:16 AM
Last edit: July 31, 2018, 10:38:14 AM by CTO@MyBitMine
 #630


Where are the guarantees that Azbit or any other ICO will pay dividends to investors? Where are the guarantees that this ecosystem will become profitable? Don’t you think it's far less risky to buy bitcoin. That's the best investment, IMHO.

And where are guarantees that tomorrow bitcoin price will not crash to $ 5500 again? Or to zero? Where are guarantees that in six months there won’t be a service and a crypto coin, which will become more popular than bitcoin, so it will simply be sent to the cryptocurrency afterlife? Bro, that’s cryptocurrency, no one provides any guarantees.
nixon99 (OP)
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July 31, 2018, 10:28:38 AM
 #631

Where are the guarantees that Azbit or any other ICO will pay dividends to investors? Where are the guarantees that this ecosystem will become profitable? Don’t you think it's far less risky to buy bitcoin. That's the best investment, IMHO.
We understand your doubts, there are lots of scam-ICOs. If you write our support team to the Telegram-chat, they will answer any of your questions. If you still prefer a cautious strategy and not to invest in AZS and AZ tokens, you can get our AZ tokens for free - within the framework of the bounty campaign. Or wait until we implement our trading and investment functionality, and then trade on our platform. We can only welcome that) And yes, there’s always a risk. But the risk of investment and the risk of fraud are still different things. If Warren Buffett can’t reduce the risk of investment to zero), but the risks of fraud can be avoided. It will be useful to read advisories from the SEC, CFTC and other national and international regulators.
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July 31, 2018, 10:45:14 AM
 #632


Where are the guarantees that Azbit or any other ICO will pay dividends to investors? Where are the guarantees that this ecosystem will become profitable? Don’t you think it's far less risky to buy bitcoin. That's the best investment, IMHO.

And where are guarantees that tomorrow bitcoin price will not crash to $ 5500 again? Or to zero? Where are guarantees that in six months there won’t be a service and a crypto coin, which will become more popular than bitcoin, so it will simply be sent to the cryptocurrency afterlife? Bro, that’s cryptocurrency, no one provides any guarantees.

I provide you a guarantee that Bitcoin is not going to crash to zero tomorrow. I am not sure how we can do it, but I will provide it!

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July 31, 2018, 10:50:07 AM
 #633

Is it possible to get your AZS tokens for free?
nixon99 (OP)
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July 31, 2018, 10:51:32 AM
 #634

Is it possible to get your AZS tokens for free?
Not from us) It’s a security-token, the analog of securities, they can’t be distributed free of charge and without ID verification. In the US we will be able to sell them only to qualified investors, when we get permission from the SEC.
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July 31, 2018, 10:52:25 AM
 #635

If you have the means and resources, why don’t you invest them in bitcoin or ether, why will you launch the ICO?
nixon99 (OP)
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July 31, 2018, 10:53:36 AM
 #636

If you have the means and resources, why don’t you invest them in bitcoin or ether, why will you launch the ICO?
Ask Vitalik Buterin, Justin San, or Dan Larimer. All of them could invest in bitcoin and wait for profit, but they tried to change the cryptocurrency world (and the world in general) for the better. Now we do the same. We see a great demand for certain services in the cryptocurrency market, we know how to provide such services, how to make them convenient and safe. We put a great attention and focus on it. Yes, there’s a risk. But if we bought bitcoin with all the money, the risks would not be less.
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July 31, 2018, 10:56:59 AM
 #637

Well, you don’t compare yourself with Ethereum or EOS.
nixon99 (OP)
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July 31, 2018, 10:58:36 AM
 #638

Well, you don’t compare yourself with Ethereum or EOS.
And we’re not going to do it. We have a specific purpose – to offer a certain trading and investment service within the framework of our own ecosystem in the crypto market, and we move forward to it.
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August 01, 2018, 09:44:42 AM
 #639

You've talked a lot about the security of investing in ICO, and there are simple tools like escrow accounts and fund insurance. I have a question for Azbit - will you have these during the ICO?

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August 01, 2018, 10:10:22 AM
 #640

You've talked a lot about the security of investing in ICO, and there are simple tools like escrow accounts and fund insurance. I have a question for Azbit - will you have these during the ICO?
Yes, we plan to provide investors with at least some components of these insurance instruments. Now we are negotiating with providers of insurance and escrow services and will certainly publish more detailed information as soon as we have it.
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