basil-usa
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November 18, 2018, 08:56:17 PM |
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whiskey based tokens, good too, it seems. but actually what is the purpose of the token itself? and how it works
what do the holders of the tokens get in the future?
Our mission is that all WHISKY TOKEN (WHY) owners participate in the high-yield cryptomarket while being covered by a high-end whisky portfolio, regardless of financial investment opportunitiesIs it a quote from somewhere? This is a quote from a white paper. Recommend to read it, there are a lot of valuable words.
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Plenamola
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November 18, 2018, 08:58:58 PM |
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This is a quote from a white paper. Recommend to read it, there are a lot of valuable words.
Tever taken the time to do this. I will check it out soon.
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Plenamola
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November 19, 2018, 07:22:33 AM |
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quote from white paper: The head of the German Federal Financial Supervisory Authority (BaFin) commented on cryptocurrencies as follows: ‘These are highly speculative transactions with the possibility of total loss.’
Isn't it about WHY token too?
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gt89_ups
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November 19, 2018, 07:24:41 AM |
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quote from white paper: The head of the German Federal Financial Supervisory Authority (BaFin) commented on cryptocurrencies as follows: ‘These are highly speculative transactions with the possibility of total loss.’
Isn't it about WHY token too?
This is a quote about the whole crypto market without focusing on the exact one. However, WHY tokens prevented 3 main disadvantages of the crypto.
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Plenamola
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November 19, 2018, 07:25:08 AM |
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quote from white paper: The head of the German Federal Financial Supervisory Authority (BaFin) commented on cryptocurrencies as follows: ‘These are highly speculative transactions with the possibility of total loss.’
Isn't it about WHY token too?
This is a quote about the whole crypto market without focusing on the exact one. However, WHY tokens prevented 3 main disadvantages of the crypto. What are these and how did they prevent them?
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gt89_ups
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November 19, 2018, 07:26:45 AM |
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In total, there are three major problems:
1. Volatility of cryptocurrencies: Cryptocurrencies are only seldom covered with substance values. As a result, prices quickly collapse when demand falls, threatening investors with a total loss. The team limited downside risk. The risk of loss for WHISKY TOKEN holders is minimized by the real high-end whisky portfolio. Thus, there is a fall arrest protection against total course breakdowns. At the same time, price gains of the token are not limited by the high-end whisky portfolio.
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gt89_ups
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November 19, 2018, 07:27:54 AM |
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2. Expensive entry barriers: Retail investors cannot benefit from the rarest whiskies for two reasons. Firstly, the minimum investment amounts for participation in alternative investment funds are several tens of thousands of euros. Secondly, the creation of a small whisky portfolio by a retail investor would involve not only high investments but also high risks due to a lack of diversification. The team made low entry barrier.
Participation in the WHISKY TOKEN crowdsale is available for as little as EUR 30.
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gt89_ups
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November 19, 2018, 07:29:42 AM |
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3. Enormous costs for intermediaries: Alternative investment funds have various management fees and running costs that have a negative impact on returns. Investors are thus deprived of a not inconsiderable portion of their profits. WHY is almost free of any commission. Through the use of blockchain technology and the distinction to traditional investment funds running costs are significantly reduced. Management fees do not exist. This increases the return of all WHISKY TOKEN holders.Check the White Paper carefully again next time
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Plenamola
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November 19, 2018, 07:31:40 AM |
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thank you gt89_ups.
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Movikshp
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November 19, 2018, 07:34:37 AM |
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Are there any downsides of using WHY?
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OfficialWhiskytoken (OP)
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November 19, 2018, 08:44:22 PM |
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Are there any downsides of using WHY?
Hello, if yuo compary it to other cryptos its risk is deminished. But it is still an investment so you have to treat it as such. It is still possible to lose money if you buy high and sell low for example. Best regards.
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basil-usa
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November 21, 2018, 04:28:49 AM Last edit: November 21, 2018, 03:35:04 PM by basil-usa |
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UPD due to the error in uploading img. What is the exact duty of Ralf the “Whisky”?
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davychto78
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November 21, 2018, 03:27:55 PM |
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Hello everyone! Find out about the project in UnboxICO! Who is definitely going to take part?
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Ibra055
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November 21, 2018, 03:35:40 PM |
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UPD due to the error in uploading img. What is the exact duty of Ralf the “Whisky”? Managing whiskey I guess
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basil-usa
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November 21, 2018, 03:37:03 PM |
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UPD due to the error in uploading img. What is the exact duty of Ralf the “Whisky”?
Managing whiskey I guess It is obvious but in what role? Coordinator of the portfolio or warehouse manager?
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Ibra055
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November 21, 2018, 03:37:46 PM |
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UPD due to the error in uploading img. What is the exact duty of Ralf the “Whisky”?
Managing whiskey I guess It is obvious but in what role? Coordinator of the portfolio or warehouse manager? It is possible that he may be a consultant.
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Plenamola
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November 21, 2018, 08:32:58 PM |
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Hello everyone! Find out about the project in UnboxICO! Who is definitely going to take part?
Make room for it in my wallet
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Movikshp
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November 21, 2018, 09:00:29 PM |
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Are there any downsides of using WHY?
Hello, if yuo compary it to other cryptos its risk is deminished. But it is still an investment so you have to treat it as such. It is still possible to lose money if you buy high and sell low for example. Best regards. These are typical ones. Was there any case of how buy-back mechanism worked?
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gt89_ups
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November 21, 2018, 09:01:16 PM |
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Are there any downsides of using WHY?
Hello, if yuo compary it to other cryptos its risk is deminished. But it is still an investment so you have to treat it as such. It is still possible to lose money if you buy high and sell low for example. Best regards. These are typical ones. Was there any case of how buy-back mechanism worked? What do you mean? They have not lunched it yet
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