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Author Topic: Provably fair trading? It is real?  (Read 309 times)
p2ptrade (OP)
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January 24, 2019, 03:55:01 PM
Last edit: January 24, 2019, 09:53:55 PM by p2ptrade
 #1

Hi guys) My name is Deamon)
Now i want to  announce our new provably fair trading platform based on smartcontract

p2ptrade.io

What do you think about our project?
 

All advantages in our Official thread: LINK


P.S. Very soon we will add partnership program! I think thats was awesome and provably fair!)
OmegaStarScream
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January 24, 2019, 04:42:57 PM
 #2

I thought that provably fair is a term used in online gambling to verify the fairness of the game you're playing, mind explaining how this is relevant to trading and how does it work in your exchange?

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p2ptrade (OP)
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January 24, 2019, 08:25:00 PM
 #3

I thought that provably fair is a term used in online gambling to verify the fairness of the game you're playing, mind explaining how this is relevant to trading and how does it work in your exchange?

Hi Dear .OmegaStarScream!
First of we want to inform you, that we are not exchange, we are trading platform with financial betting.
Provably fair trading in our case means, that you can check all of transactions (in/out)of our ptatform at etherscan.io.
And our smart contract is also open for everyone.

And one more thing.
Our platform has been planned as alternative of binary options brokers, but with huge differences:
- To be fair for traders.
- We have clear quotations(widget with % of exchenge)
- No KYC/AML
- Our profit is from traders volume and all model was based on p2p (trader vs trader)
kawetsriyanto
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January 25, 2019, 02:39:34 AM
 #4

~snip~ - To be fair for traders. ~snip~

How you explain to us about "fair to traders"? Will you share a number of data or information about your activities or profits to traders? I don't really understand with this. It is too short explanation..   

~snip~ - No KYC/AML ~snip~

Well, it's interesting. Since many platforms require KYC for their clients, but you don't do the same way. I think you have done a research and find out that many people disagree with KYC.   

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p2ptrade (OP)
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January 25, 2019, 07:51:45 AM
 #5

[quote How you explain to us about "fair to traders"? Will you share a number of data or information about your activities or profits to traders? I don't really understand with this. It is too short explanation..   
[/quote]

Hi there!
Fair to our traiders because our platform have:
 - Smart Contract for distribution
- Clear quotes: the widget on our platform show the % dominance to our schedule
- Platform do not hold ETH. Traders must use Metamask.
- Platform get profit from volume, not from lost deposits and we want that traders gonna trade more and more.

If you trade in classical binary options - you know what i mean)
[quote

Well, it's interesting. Since many platforms require KYC for their clients, but you don't do the same way. I think you have done a research and find out that many people disagree with KYC.   
[/quote]

 KYC/AML is not a principle of cryptocurrency... we don't like it either

Thanks for your message!
carlfebz2
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January 25, 2019, 12:28:46 PM
 #6

Hi Dear .OmegaStarScream!
First of we want to inform you, that we are not exchange, we are trading platform with financial betting.
Provably fair trading in our case means, that you can check all of transactions (in/out)of our ptatform at etherscan.io.
And our smart contract is also open for everyone.

Its not provably fair actually because all exchangers and transactions do happen would always be seen.I dont know why you do consider this
to be a big thing which this only be a common thing that transactions can be checked out. Provably fair? Just like Omega said i dont see for it to be fitted to be used on exchangers.

p2ptrade (OP)
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January 25, 2019, 01:48:54 PM
 #7

Quote

Its not provably fair actually because all exchangers and transactions do happen would always be seen.I dont know why you do consider this
to be a big thing which this only be a common thing that transactions can be checked out. Provably fair? Just like Omega said i dont see for it to be fitted to be used on exchangers.

Hello! Smiley

As we say early we are not an exchange we are betting platform(like Binary options)
Maybe this tutorial video can help you to understand a conception of our platform Wink
voltesbit777
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January 25, 2019, 01:57:05 PM
 #8

[quote How you explain to us about "fair to traders"? Will you share a number of data or information about your activities or profits to traders? I don't really understand with this. It is too short explanation..  

Hi there!
Fair to our traiders because our platform have:
 - Smart Contract for distribution
- Clear quotes: the widget on our platform show the % dominance to our schedule
- Platform do not hold ETH. Traders must use Metamask.
- Platform get profit from volume, not from lost deposits and we want that traders gonna trade more and more.

If you trade in classical binary options - you know what i mean)
Quote

Well, it's interesting. Since many platforms require KYC for their clients, but you don't do the same way. I think you have done a research and find out that many people disagree with KYC.    

 KYC/AML is not a principle of cryptocurrency... we don't like it either

Thanks for your message!
[/quote]

Therefore, why did you tackled this things here? are you promoting your trading platform here in this community?
Also in my knowledge here in the forum especially in trading they're not using any classical binary options, If I am not mistaken and correct me if I am wrong with these thoughts of mind.
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January 25, 2019, 03:09:42 PM
 #9

I mean if its binary option its either you win or not, all-or-nothing right? So it's gambling per se, but I don't know if provably fair though is the right term here, maybe just verification since everyone can check it on etherscan as you have said. There are no server/client seed or nonce to calculate the result, correct me if I'm wrong.

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p2ptrade (OP)
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January 26, 2019, 07:29:01 AM
 #10

I mean if its binary option its either you win or not, all-or-nothing right? So it's gambling per se, but I don't know if provably fair though is the right term here, maybe just verification since everyone can check it on etherscan as you have said. There are no server/client seed or nonce to calculate the result, correct me if I'm wrong.

Hi Kemarit!

Yes, you win all or loose  your investing amount, like in other betting/dice/plinko etc.

I think you are right, but in my opinion the concept of  "provably fair"  refers not only to gambling, server seed etc.

In our case  platform based on smart contract, and it is one of the fairness technology in the world.
p2ptrade (OP)
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January 29, 2019, 07:21:34 PM
 #11

Hi guys!
Does anybody use Ropsten?

We are planned to use test net of Ethereum to try demo on our platform  Huh
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January 29, 2019, 11:52:03 PM
 #12

Hi guys!
Does anybody use Ropsten?

We are planned to use test net of Ethereum to try demo on our platform  Huh

Not aware of Ropsten.

I say you should try to test that as well in your demo so that you can gauge as well has this Ropsten work. It can either broken (then fix it) or help your system (and improve) a lot so that's a win-win situation for you.

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January 30, 2019, 06:57:34 PM
 #13

Quote
Not aware of Ropsten.

I say you should try to test that as well in your demo so that you can gauge as well has this Ropsten work. It can either broken (then fix it) or help your system (and improve) a lot so that's a win-win situation for you.

Thanks for reply.

I think tomorrow we will have demo trading:)

Do you want to enjoy?
p2ptrade (OP)
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February 03, 2019, 07:18:02 PM
 #14

Hi guys!
Now we have a demo trading!

p2ptrade.io



 Enjoy to our telegram chat:  CHAT if your want free ETH to test our platform!!

P.S. Today testnet of Ropsten little sick). We hope tomorrow it will be ok
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February 04, 2019, 05:32:40 AM
 #15

Hi guys) My name is Deamon)
Now i want to  announce our new provably fair trading platform based on smartcontract

p2ptrade.io

What do you think about our project?
 

All advantages in our Official thread: LINK


P.S. Very soon we will add partnership program! I think thats was awesome and provably fair!)


Mostly i do by my self and I don't like provably, it will difficult to take decision. I know everything is mystery and prediction is allowed but we need to sure about what we do and depend on what?. As long the provably is fear I like to see the progress, even hard to say but we need history or track record. So lets do your job and up date your information, we'll follow you.

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p2ptrade (OP)
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February 06, 2019, 05:09:42 PM
 #16

Hi guys) My name is Deamon)
Now i want to  announce our new provably fair trading platform based on smartcontract

p2ptrade.io

What do you think about our project?
 

All advantages in our Official thread: LINK


P.S. Very soon we will add partnership program! I think thats was awesome and provably fair!)


Mostly i do by my self and I don't like provably, it will difficult to take decision. I know everything is mystery and prediction is allowed but we need to sure about what we do and depend on what?. As long the provably is fear I like to see the progress, even hard to say but we need history or track record. So lets do your job and up date your information, we'll follow you.

Hi! Thanks for reply!

Did you trade  on classical binary options before?
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February 20, 2019, 02:55:52 PM
 #17

Dear traders!
📍 Due to the fact that many users want to trade, but so far the volumes are not so large, it was decided to create daily trading sessions at a certain time!

⏰First session: 2:00-3:00 PM UTC+3
⏰Second session: 7:00-8:00 PM UTC+3

Trading on the Real account!

If you have any questions or want demo ETH please join our chat: https://t.me/joinchat/B3XDqFPx4aUX_-KCfYGHig

📌How to trade on demo: https://p2ptrade.io/for-trader/how-to-trade-on-a-demo-account/

📌How to install metamask: https://p2ptrade.io/for-trader/how-to-install-metamask/

📌How to buy ethereum: https://p2ptrade.io/for-trader/how-to-buy-ethereum/
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