king_of_alts
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Activity: 476
Merit: 10
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January 08, 2019, 09:35:15 AM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency.
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magisterr
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January 08, 2019, 09:44:14 AM |
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Hello So both Eidoo and Midas are great wallet, but no not even close. Jarvis wallet can support fiat. It is capable of escrow so you can open collateral credit easily or trade on margin products. It allows access any Dapp (Ethereum, Neo, etc.). By connecting to the exchange, it can manage portfolio, buy/sell/exchange assets. Lending will be done through partners app and dapp, so it will be the asset supported by them; at a later stage it is planned that we will do our own lending pool, but it is not our priority. We want to empower our partners; by connecting to Jarvis, partners can tell their users: if you like our app or dapp, use it inside Jarvis so you can be a click away from a fiat gateway, trading Fx or investing in an ICO. What fiat you mean? This will be some stable coin tied to usd (like USDT, USDC etc.) or this wil be real usd, euro etc.? Hello no real fiat, we do have a fiat gateway. What you mean by "fiat gateway"? This will be stable coin (USDT,SDTC etc.) or what? Can you explaim as I cant understand
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omwibya
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Activity: 434
Merit: 10
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January 08, 2019, 04:14:05 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency. which is why they should focus on what they do best now and leave expansion to the future.
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Jarvis Edge (OP)
Jr. Member
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Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
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January 08, 2019, 05:39:40 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency. It is true, but we do not rely on casino or poker to acquire users, nor atraction casino users. We want to deliver value to our users. I used to play poker, every thursday, and to play roulette and black jack as well, with 10 to 30% of my earnings in trading, when I was making successful weeks. Sometimes I was losing, but it is ok as it was 30% of my gains, sometimes I was winning, way more than what I won with trading; I was not doing this to make more money, but it was something I liked, and I was winning often to the roulette (simple strategy by betting 1 on the first tier and 1 on the second tier). If tomorrow, you have a platform that allows you in one click to play balck jack, or dice, or participate to a lottery (you can even think about automation, like every trade you take a small % goes to participate to a lottery or to a dice game, or everytime you win, 1% goes to charity, 1% goes to lottery, etc.), you might change your mind and start gambling. It is all about perspective and education about risk management Trust me, a lot of our traders will ike to be able to gamble a bit in one click.
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Borderless Trading and Interoperable Finance with Jarvis Network (https://www.jarvis.network/)
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Jarvis Edge (OP)
Jr. Member
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Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
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January 08, 2019, 05:41:48 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency. which is why they should focus on what they do best now and leave expansion to the future. Well, it is not a big amount of work; when the wallet is done, it is then up to the Dapp to integrate it. So the work is not really on our side. This is why blockchain enables infinite scalability: you have one wallet that can potentially gain 100 new services every day Think about Jarvis like Metamask: with metamask you already access casino, DEX, lending, and it is not Metamask who worked on these projects; they just allow to connect to it.
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Borderless Trading and Interoperable Finance with Jarvis Network (https://www.jarvis.network/)
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Jarvis Edge (OP)
Jr. Member
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Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
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January 08, 2019, 05:42:49 PM |
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Hello So both Eidoo and Midas are great wallet, but no not even close. Jarvis wallet can support fiat. It is capable of escrow so you can open collateral credit easily or trade on margin products. It allows access any Dapp (Ethereum, Neo, etc.). By connecting to the exchange, it can manage portfolio, buy/sell/exchange assets. Lending will be done through partners app and dapp, so it will be the asset supported by them; at a later stage it is planned that we will do our own lending pool, but it is not our priority. We want to empower our partners; by connecting to Jarvis, partners can tell their users: if you like our app or dapp, use it inside Jarvis so you can be a click away from a fiat gateway, trading Fx or investing in an ICO. What fiat you mean? This will be some stable coin tied to usd (like USDT, USDC etc.) or this wil be real usd, euro etc.? Hello no real fiat, we do have a fiat gateway. What you mean by "fiat gateway"? This will be stable coin (USDT,SDTC etc.) or what? Can you explaim as I cant understand No I meant a fiat on/off ramp, so you can deposit your USD, EUR or GBP , and also withdraw them at an ATM or by wire.
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Borderless Trading and Interoperable Finance with Jarvis Network (https://www.jarvis.network/)
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mandibleclaw
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Activity: 532
Merit: 50
ONe Social Network.
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January 08, 2019, 05:54:19 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency. It is true, but we do not rely on casino or poker to acquire users, nor atraction casino users. We want to deliver value to our users. I used to play poker, every thursday, and to play roulette and black jack as well, with 10 to 30% of my earnings in trading, when I was making successful weeks. Sometimes I was losing, but it is ok as it was 30% of my gains, sometimes I was winning, way more than what I won with trading; I was not doing this to make more money, but it was something I liked, and I was winning often to the roulette (simple strategy by betting 1 on the first tier and 1 on the second tier). If tomorrow, you have a platform that allows you in one click to play balck jack, or dice, or participate to a lottery (you can even think about automation, like every trade you take a small % goes to participate to a lottery or to a dice game, or everytime you win, 1% goes to charity, 1% goes to lottery, etc.), you might change your mind and start gambling. It is all about perspective and education about risk management Trust me, a lot of our traders will ike to be able to gamble a bit in one click. That's a nice thing because as you said people will gable, especcially if they closed a good trade. It's like when you play online poker (in casino-poker client), after you close a session in good profit, wouldn't you gamble a %of your earnings at blackjack/ roulette/ slots?
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MandatoryOption
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Activity: 546
Merit: 12
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January 08, 2019, 06:13:54 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs. I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. We will not We will focus on only one thing at a time, and go carefully and slowly. For the casino and poker etc. it is quite simple: Dapps allows you to do whatever you might wish; some of them replace derivatives products, some of them allow you to lend or borrow money, others allow you to buy collectible, or domain names, etc. and some of them allow you to bet, to play poker, or to gamble in a casino; if at the end of your day you feel you want to do some heads up with what you have won today, you should be able to do it directly into Jarvis; same goes for lottery, you create smart contract for lottery, players send their eth there, and the winner takes it all; all of this, seamlessly integrated into Jarvis. And it does not need any additionnal work, just the wallet has to support the Dapp. Hmm okay, I guess I start to understand. So eventually there will be different Dapps. For example for playing poker or other casino games. Will these Dapps all be developed by Jarvis or will Jarvis allow the implementation of Dapps from others?
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bitcoin-shark
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January 08, 2019, 08:00:26 PM |
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the idea is very interesting now i begin to understand better, the casino and the games will be directly accessible via the dapps and dex directly through the wallet jarvis in some way as we do with metamask now and maybe even an exchange inside the wallet, really much stuff in view...
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belechau
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January 08, 2019, 09:14:15 PM |
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It is really understandable now the integration with games, whether they themselves or from third parties, is an excellent integration into the portfolios. But even if in the initial plans, they are own platforms, this integration opens the possibility of some partnerships along the way. I'll be looking forward to it
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Altcoinrusher
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January 08, 2019, 11:11:16 PM |
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It is really understandable now the integration with games, whether they themselves or from third parties, is an excellent integration into the portfolios. But even if in the initial plans, they are own platforms, this integration opens the possibility of some partnerships along the way. I'll be looking forward to it
I understood this integration paradigm which offers useful multi features will be the emerging trend among crypto projects to ensure its long term survival and I'm glad Jarvis is doing just like that. Great job!
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Jarvis Edge (OP)
Jr. Member
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Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
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January 09, 2019, 12:07:25 AM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs. I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. We will not We will focus on only one thing at a time, and go carefully and slowly. For the casino and poker etc. it is quite simple: Dapps allows you to do whatever you might wish; some of them replace derivatives products, some of them allow you to lend or borrow money, others allow you to buy collectible, or domain names, etc. and some of them allow you to bet, to play poker, or to gamble in a casino; if at the end of your day you feel you want to do some heads up with what you have won today, you should be able to do it directly into Jarvis; same goes for lottery, you create smart contract for lottery, players send their eth there, and the winner takes it all; all of this, seamlessly integrated into Jarvis. And it does not need any additionnal work, just the wallet has to support the Dapp. Hmm okay, I guess I start to understand. So eventually there will be different Dapps. For example for playing poker or other casino games. Will these Dapps all be developed by Jarvis or will Jarvis allow the implementation of Dapps from others? We will not develop them; partners will, or, in the best case, independant developpers participating to our hackathon. Sometimes, Jarvis vous develop some if relative to derivatives or trading bot, but that's all.
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Borderless Trading and Interoperable Finance with Jarvis Network (https://www.jarvis.network/)
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beeelzebub
Full Member
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Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
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January 09, 2019, 12:04:58 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs.
I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. Casino games would attract a different user base. A user base which would be more casual and looking for entertainment rather than pro traders who look for small edges and efficiency. I think at start, it is more important to grow your user database. And casino games is a good way to do it. Way better than airdrops.
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Makkara
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January 09, 2019, 12:23:33 PM |
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I think at start, it is more important to grow your user database. And casino games is a good way to do it. Way better than airdrops.
If they are able to create something new i agree. At the moment there are a lot of gambling apps and website oit there involving crypto, so is quite hard competition.
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pynetx
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January 09, 2019, 01:09:06 PM |
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If they are able to create something new i agree. At the moment there are a lot of gambling apps and website oit there involving crypto, so is quite hard competition.
Quality is the most important thing of competitive platforms. Therefore, the Jarvis team have to do something unique, or innovative. Something can give better experience for gamblers in order to convince them to join Jarvis apps. You are right, Technical stuff and innovation are important but making more and more people aware of the innovation is equally important.
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MandatoryOption
Member
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Activity: 546
Merit: 12
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January 09, 2019, 02:38:05 PM |
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I think stock trading is their biggest weapon right now even thou they seem to have a lot of stuff figured out even backed by some plan Bs. I just hope that they won't have too many thing that they want to implement at once. Sometimes it is just better to focus on their key aspects and go step by step. I still don't see how their plans for casino games fit together with a hybrid exchange where I can trade fiat, crypto, stocks, & forex. We will not We will focus on only one thing at a time, and go carefully and slowly. For the casino and poker etc. it is quite simple: Dapps allows you to do whatever you might wish; some of them replace derivatives products, some of them allow you to lend or borrow money, others allow you to buy collectible, or domain names, etc. and some of them allow you to bet, to play poker, or to gamble in a casino; if at the end of your day you feel you want to do some heads up with what you have won today, you should be able to do it directly into Jarvis; same goes for lottery, you create smart contract for lottery, players send their eth there, and the winner takes it all; all of this, seamlessly integrated into Jarvis. And it does not need any additionnal work, just the wallet has to support the Dapp. Hmm okay, I guess I start to understand. So eventually there will be different Dapps. For example for playing poker or other casino games. Will these Dapps all be developed by Jarvis or will Jarvis allow the implementation of Dapps from others? We will not develop them; partners will, or, in the best case, independant developpers participating to our hackathon. Sometimes, Jarvis vous develop some if relative to derivatives or trading bot, but that's all. I understand. Coming back to the gambling DApps. Do you know if Jarvis has to get a gambling licence in order to be allowed to run them on their site? Because I can imagine that - in case you need one - you should already start to apply for one because it might take time to get one granted.
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Frank37
Sr. Member
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Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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January 09, 2019, 03:33:18 PM |
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I understand. Coming back to the gambling DApps. Do you know if Jarvis has to get a gambling licence in order to be allowed to run them on their site? Because I can imagine that - in case you need one - you should already start to apply for one because it might take time to get one granted.
I am not familiar with gambling licenses, malta was probably always first choice but lately there were some problems because of blockages of casino player funds at the SATA bank. I not really understand what exactly this license is necessary for, which must be requested separately in the individual countries. For example, if I get a license in Malta, can I run a server or a bank account there to deposit and withdraw client money or what do I need that license for?
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dubignyp
Newbie
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Activity: 260
Merit: 0
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January 09, 2019, 03:41:36 PM |
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I understand. Coming back to the gambling DApps. Do you know if Jarvis has to get a gambling licence in order to be allowed to run them on their site? Because I can imagine that - in case you need one - you should already start to apply for one because it might take time to get one granted.
I am not familiar with gambling licenses, malta was probably always first choice but lately there were some problems because of blockages of casino player funds at the SATA bank. I not really understand what exactly this license is necessary for, which must be requested separately in the individual countries. For example, if I get a license in Malta, can I run a server or a bank account there to deposit and withdraw client money or what do I need that license for? In Switzerland the license will be used to ensure that the company complies with the rules, standards, security, prevention against misspending etc.... And so a tax levied in Switzerland, for players residing in Switzerland where the casino makes profits. In order to also protect unfair competition against casinos based in Switzerland that pay full taxes.
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wissy
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January 09, 2019, 05:46:37 PM |
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It is really understandable now the integration with games, whether they themselves or from third parties, is an excellent integration into the portfolios. But even if in the initial plans, they are own platforms, this integration opens the possibility of some partnerships along the way. I'll be looking forward to it
I understood this integration paradigm which offers useful multi features will be the emerging trend among crypto projects to ensure its long term survival and I'm glad Jarvis is doing just like that. Great job! New projects have to offer something fresh and innovative to even be put on the map nowadays so different integration are welcomed in this compact market. Who know, next idea might be the new standard and will be copied by other exchanges.
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belechau
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January 09, 2019, 10:32:11 PM |
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It is really understandable now the integration with games, whether they themselves or from third parties, is an excellent integration into the portfolios. But even if in the initial plans, they are own platforms, this integration opens the possibility of some partnerships along the way. I'll be looking forward to it
I understood this integration paradigm which offers useful multi features will be the emerging trend among crypto projects to ensure its long term survival and I'm glad Jarvis is doing just like that. Great job! New projects have to offer something fresh and innovative to even be put on the map nowadays so different integration are welcomed in this compact market. Who know, next idea might be the new standard and will be copied by other exchanges. Indeed, the more competitors in a given niche or industry, you have to be attentive to their differentials in the future, even something that seems minimal can become something gigantic in front of your opponents
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