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[Alex077]

Why not to establish personal liability of ICO founders to investors?

[CTO@MyBitMine]

What is it? Do not allow to invest in ICO more than a founder has in its wallet? ) Personal liability is prescribed only by criminal legislation, in case the founders commit any violations of laws. Neither one manager, nor a company even such as Apple, Microsoft and Amazon bear personal responsibility to investors.

[nixon99]

Why not to establish personal liability of ICO founders to investors?

The founders of ICO Azbit will be held liability under Estonian laws, where Azbit Ltd. is registered.

[Alex077]

I don’t actually believe in Estonian legislation)

[CTO@MyBitMine]

It is necessary to read - "EU legislation", Estonia is a member of the European Union.

[nixon99]

It is necessary to read - "EU legislation", Estonia is a member of the European Union.

That's right. In addition, some of our services will be registered in Luxembourg, Switzerland. Our payment system has already been registered in the Czech Republic. It doesn’t matter for investors what European country is chosen for registration, all the activities of the Azbit ecosystem will be regulated, first of all, by the general EU law.

[Alex077]

EU legislation inspires more respect than Estonian, it’s true.

[CTO@MyBitMine]

By the way, I'm trying to find information about a big scam-ICO from Europe just for fun. I haven’t found anything. It seems that the majority ICO scams are from the USA (strange to say) and the Third World countries (such as India, Vietnam, Russia). Well, am I wrong?

[Tearz]

I think this is understandable. Just don’t rip on my primitive explanation. Whom are scammers looking for? People with big money and bad financial education, who don’t immediately understand projects they are dealing with. There are big money and  many scammers in the US. And there’s not much money the Third World countries, but there are plenty of people who are easily deceived. And in Europe - betwixt and between. So, it’s not very interesting to launch scam projects in Europe,as their aim is to quickly raise funds and run away.

[yuanbao2018]

I just finished reading the white paper and the project looks very promising. Will wait for more information!If you add more specific information about this project, it will be easier to make a decision. i mean,for example, what people get of invest?

[nixon99]

I just finished reading the white paper and the project looks very promising. Will wait for more information!If you add more specific information about this project, it will be easier to make a decision. i mean,for example, what people get of invest?

When at least one part of the ecosystem will start bringing profit, you'll be able to get dividends. 30% of the ecosystem's profit will be distributed to every AZS token holder as dividends.

[brenson]

I just finished reading the white paper and the project looks very promising. Will wait for more information!If you add more specific information about this project, it will be easier to make a decision. i mean,for example, what people get of invest?

When at least one part of the ecosystem will start bringing profit, you'll be able to get dividends. 30% of the ecosystem's profit will be distributed to every AZS token holder as dividends.

Now I also understand the function of the token more clearly, the distribution of a part of the income does not sound bad.
Crypto banking institution. Cryptocurrency exchange with built-in margin and algorithmic trading. Investment platform offering social copytrading, SAMM accounts and portfolio management tools. Multicurrency cryptowallet.
The plans are certainly interesting and look promising, let's hope that the team will get everything planned to be realized in full, I'll be happy to support it.

[LightFork]

The hype in your branch with SAMM, RAMM is nonsense. IMHO, of course) I think that for people, who don’t know how to trade and don’t want to get into it, the best strategy is HODL. So, they don’t need all these investment platforms. Just buy BTC at a trusted exchanger, transfer it on a crypto wallet (preferably cold) and mind your business.

[KTChampions]

Not long ago I would have agreed with you, bro) I used to HODL. BUT! All holders are in the red now. For one simple reason - HODL works only when the market is growing steadily. It’s necessary to study all possible options for the use of crypto. The thing is that everyone is used to count the profit in dollars, and don’t think that profit on the crypto market can and should be counted in bitcoins. And if there’s an opportunity to increase the number of  bitcoins through crypto trading and investment, then the profit in bucks will much more.

[LightFork]

Not long ago I would have agreed with you, bro) I used to HODL. BUT! All holders are in the red now. For one simple reason - HODL works only when the market is growing steadily. It’s necessary to study all possible options for the use of crypto. The thing is that everyone is used to count the profit in dollars, and don’t think that profit on the crypto market can and should be counted in bitcoins. And if there’s an opportunity to increase the number of  bitcoins through crypto trading and investment, then the profit in bucks will much more.

I just don't get something)

[KTChampions]

Not long ago I would have agreed with you, bro) I used to HODL. BUT! All holders are in the red now. For one simple reason - HODL works only when the market is growing steadily. It’s necessary to study all possible options for the use of crypto. The thing is that everyone is used to count the profit in dollars, and don’t think that profit on the crypto market can and should be counted in bitcoins. And if there’s an opportunity to increase the number of  bitcoins through crypto trading and investment, then the profit in bucks will much more.

I just don't get something)

Ok. Let's say you bought 1 BTC for $ 400 in 2016, HODL it and then sold for $ 20,000 in December 2017, is it cool?

[LightFork]

Not long ago I would have agreed with you, bro) I used to HODL. BUT! All holders are in the red now. For one simple reason - HODL works only when the market is growing steadily. It’s necessary to study all possible options for the use of crypto. The thing is that everyone is used to count the profit in dollars, and don’t think that profit on the crypto market can and should be counted in bitcoins. And if there’s an opportunity to increase the number of  bitcoins through crypto trading and investment, then the profit in bucks will much more.

I just don't get something)

Ok. Let's say you bought 1 BTC for $ 400 in 2016, HODL it and then sold for $ 20,000 in December 2017, is it cool?

Of course, cool. Even if I had sold it today, that's still a big profit.

[SirgulioB]

Uh, there were times) But if the wishes were horses, beggars would ride.

[KTChampions]

Keep calm, I explain further. If you didn’t hold bitcoin, but began to trade and set yourself the task not to cash out crypto, but increase the number of your BTC. You should completely forgot about dollars, your task is to steadily increase the number of your bitcoins on the boom and bust cycle. If you chose this strategy, then today you wouldn’t have one BTC, but 1.5 - 2 - 5 and so on. Accordingly, your profit would be the same amount more. Is it cool?

[LightFork]

Keep calm, I explain further. If you didn’t hold bitcoin, but began to trade and set yourself the task not to cash out crypto, but increase the number of your BTC. You should completely forgot about dollars, your task is to steadily increase the number of your bitcoins on the boom and bust cycle. If you chose this strategy, then today you wouldn’t have one BTC, but 1.5 - 2 - 5 and so on. Accordingly, your profit would be the same amount more. Is it cool?

Well, it’s cool of course. But still, you explain trading, but from  another point of view - bitcoin, not the dollar) And I say that I don’t know how to trade and don’t want to do it.