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Author Topic: Spreading the joy of winning, one jackpot prize at a time! What is MITOSHI  (Read 5021 times)
jumiapaul
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July 01, 2019, 01:32:40 PM
#261

Itís a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. Youíre in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

The market has not been so good  for bitcoin and even the rise in alts if any is not that significant. I think the situation is across board meanwhile I'm still hopeful that there will be good time before this quarter fades away

I see this as a corrective mechanism which is a necessity for a higher flight in the market. Btc needs to drop more significantly in my opinion, to take an easy flight above 20k. Hopefully we would be seeing a massive increase in the coin market cap before the end of this year.
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Mrcharles
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July 01, 2019, 01:45:17 PM
#262

Itís a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. Youíre in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

I can't wait to see what the market would be like in few months time, there's high anticipation for altcoin to make a significant move in the forthcoming months. Bitcoin has given us a good run, let's hope that altcoin is better.
Kinkadeinspired
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July 01, 2019, 02:28:03 PM
#263

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.

Mitoshi is a utility token from what I have gathered and therefore KYC shouldn't really be much of an issue. But I like the fact that there will be no restriction. Everyone loves and should be allowed to participate in lotteries right? Grin
AngelJoshua
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July 01, 2019, 03:04:45 PM
#264

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.

Yes that's the good thing on having on kyc, The people will going to feel more secured while using the system because they know that the people they are playing with are legitimate. It's just really going to take a lot of time  before they processed it all.

Oh KYC is needed? can i ask something , how can we know that all of our information will be secured? will they gonna used program or any third party services ?

If I'm not mistaken they are not requiring a kyc to play on their website another is even there will be a kyc we don't know who are really behind the project  because we're aware that we can't trust even the owner of some projects here in crypto.

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nwosuchristabe2
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July 01, 2019, 03:07:56 PM
#265

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.

Mitoshi is a utility token from what I have gathered and therefore KYC shouldn't really be much of an issue. But I like the fact that there will be no restriction. Everyone loves and should be allowed to participate in lotteries right? Grin

Hope you're mindful of the fact that some countries don't allow lotteries and citizens participating in lotteries is a criminal offence with sanctions. Most Islamic countries fall into this bracket and such wouldn't want to be associated with projects like this.
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July 01, 2019, 03:36:00 PM
#266

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.

Mitoshi is a utility token from what I have gathered and therefore KYC shouldn't really be much of an issue. But I like the fact that there will be no restriction. Everyone loves and should be allowed to participate in lotteries right? Grin

Hope you're mindful of the fact that some countries don't allow lotteries and citizens participating in lotteries is a criminal offence with sanctions. Most Islamic countries fall into this bracket and such wouldn't want to be associated with projects like this.

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.
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July 01, 2019, 06:00:26 PM
#267

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

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July 01, 2019, 06:10:55 PM
#268

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

I think this is more like a law. Mitoshi won't necessarily be restricted in those countries but accessing it will be also easy so it depends on the individual accessing Mitoshi platform.
Pricebrianer
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July 01, 2019, 06:25:42 PM
#269

Itís a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. Youíre in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

I can't wait to see what the market would be like in few months time, there's high anticipation for altcoin to make a significant move in the forthcoming months. Bitcoin has given us a good run, let's hope that altcoin is better.

Yeah I see that. People on the street and twitter talking about altcoins bull run coming soon. There are more but orders for altcoins, ETH taking the lead along side IEO projects. Itís a great time.

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ganeshramk
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July 01, 2019, 06:27:00 PM
#270

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

Thats my understanding too. However people might also have chance to trade the tokens in the exchanges.
olohifie
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July 01, 2019, 10:55:33 PM
#271

Itís a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. Youíre in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

I can't wait to see what the market would be like in few months time, there's high anticipation for altcoin to make a significant move in the forthcoming months. Bitcoin has given us a good run, let's hope that altcoin is better.

Yeah I see that. People on the street and twitter talking about altcoins bull run coming soon. There are more but orders for altcoins, ETH taking the lead along side IEO projects. Itís a great time.


The way people are rushing to buy alts now is overwhelming. Everybody believes there will be bull run for alts in no distant time. I have similar anticipation though but then this is a volatile system. Everybody should expect either side of the coin. It may turnout the exact opposite you never can tell
AngelJoshua
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July 02, 2019, 02:22:52 AM
#272

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

That's really a big trouble it might also cause a problem on the project. I mean it's possible that they will think that the project didn't know how to respect their rules on that religion because they are allowing them even the project owner didn't know about it.

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Zurcermozz
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July 02, 2019, 05:47:43 AM
#273

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

That's really a big trouble it might also cause a problem on the project. I mean it's possible that they will think that the project didn't know how to respect their rules on that religion because they are allowing them even the project owner didn't know about it.

Yup agree, it may turns into a contradict situation, and in worst case when the project became popular and the investor/user player didn't realize it is forbidden in their belief, there might be a troubles.
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July 02, 2019, 06:27:43 AM
#274

http://
I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

That's really a big trouble it might also cause a problem on the project. I mean it's possible that they will think that the project didn't know how to respect their rules on that religion because they are allowing them even the project owner didn't know about it.

Religion is in itself personal decision even countries place ban on gambling and lottery some of their citizens still engage in such activities, mitoshi don't have to worry about those countries because they would not make it official in those countries

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Lizcrypto
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July 02, 2019, 06:41:48 AM
#275

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.
well kyc  seems to be a norms and good way to protect themselves from coming legal issues though People loves to keep these personal details private kyc process usually make people rethink but as the kyc is not mandatory I think its going to be very easy for token buyers as well as for the team members .people and the team doesnt have to suffer with the long process of kyc.

KYC is mostly mandatory when it concerns STO projects, due to lots of regulation and legal compliance. But this isn't the case with a utility token such as the MTSH token.
yes youíre right ..the mitoshi token is utility token I think that is the reason behind why kyc is not compulsory
So that without any restrictions people  purchase easily and participate
Lizcrypto
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July 02, 2019, 06:58:01 AM
#276

http://
I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

That's really a big trouble it might also cause a problem on the project. I mean it's possible that they will think that the project didn't know how to respect their rules on that religion because they are allowing them even the project owner didn't know about it.
yes many muslim country ..doesnít consider gambling as a simple game but a social addictive disease..i think to avoid illegal issues and strict rule regulations i think mitoshi should not be available to those countries .

Religion is in itself personal decision even countries place ban on gambling and lottery some of their citizens still engage in such activities, mitoshi don't have to worry about those countries because they would not make it official in those countries
Kinkadeinspired
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July 02, 2019, 09:58:41 AM
#277

I read somewhere that users on your platform donít need KYC/AML to play. That would be awesome. Itís solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.

Mitoshi is a utility token from what I have gathered and therefore KYC shouldn't really be much of an issue. But I like the fact that there will be no restriction. Everyone loves and should be allowed to participate in lotteries right? Grin

Hope you're mindful of the fact that some countries don't allow lotteries and citizens participating in lotteries is a criminal offence with sanctions. Most Islamic countries fall into this bracket and such wouldn't want to be associated with projects like this.

Let's be honest here. The government can frown all they want at these things but it doesn't change the fact that they happen anyway, not to sound nasty or anything but even Islamic countries participate and not just watch p*rns too. My point is anybody can circumvent around these rules, unlike the SEC's rule.
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July 02, 2019, 10:42:10 AM
#278

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

Virtually everything in this life involves risk. It all boils down to that point where you just have to decide to take risks. As for Mitoshi, using the blockchain is an added advantage for them to be able to protect their user's identity.


Lite itself is risk we cannot run away from. Agreed! But at thesame time certain risks are not worth taking especially when the expected advantages far outweighs the disadvantages. It's better to avoid taking such risks otherwise one may never recover from it.
nwosuchristabe2
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July 02, 2019, 11:00:17 AM
#279

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

I think this is more like a law. Mitoshi won't necessarily be restricted in those countries but accessing it will be also easy so it depends on the individual accessing Mitoshi platform.

Your point is valid, but in those countries there's a general restriction placed on lottery and gambling businesses, so it affects mitoshi indirectly. Since mitoshi doesn't intend getting a physical office in those countries they can still operate and individuals in those countries can access the platform with their cryptocurrency as a means of payment.
charlop24
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July 02, 2019, 11:04:58 AM
#280

I know gambling is not allowed in Muslim countries and I guess lottery falls in the same bracket. But for mitoshi, the government won't be aware since its done via an application and I'm certain that people still gamble in those Muslim countries despite the restrictions placed on it.

There could be risks. Iíll say they do play knowing they could get in trouble when caught. Cryptocurrencies privacy has some disadvantages. I guess thatís why the government find it hard to accept it. Itís good but has to be regulated.

Virtually everything in this life involves risk. It all boils down to that point where you just have to decide to take risks. As for Mitoshi, using the blockchain is an added advantage for them to be able to protect their user's identity.

Am in full agreement with your opinion, life in itself is a risk and choosing not to take risk is very risky. Infact, I've come to realise that most of the activities that has a higher level of returns are actually not allowed by the government, because they always want their citizens to live in lack.
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