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Author Topic: Any other place to sell,buy,trade cryptocurrencies without internet connnecttion  (Read 243 times)
adeeshaa (OP)
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January 18, 2021, 10:45:05 AM
 #1

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂


ryzaadit
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January 18, 2021, 11:03:50 AM
 #2

Come on it's using SMS?

The world has been involved and found the internet now we're going to back on cave years again using SMS? sounds really dumb for me is really necessary to use SMS when you are doing a trade.

Even you are not having internet at all, there a called "Public Wifi" or you can do it later. IMO trade with this method will not give you any advantage at all:
- You cant see the chart.
- You cant use any tools trading.
- Blind trade.
- Book order was limited.

If someone things this options trade was cools, but for me is not.

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aemma
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January 18, 2021, 12:51:52 PM
 #3

I am just being curious, if some one want to sell a cryptocurrency for instance, how will the person go about it with such platform? Assuming the person want to sell Bitcoin, how will it be possible to send Bitcoin without accessing your wallet? And we know to access Bitcoin stored in a wallet like Trust wallet, you will need the internet, so in this case how will it be possible? Nevertheless, the idea is good though because the team behind the project aims to make the buying, selling and trading of cryptocurrencies easy and friendly, but yet those who are already accustomed to the normal way might not find it attractive, however who knows, it might come handy someday.
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January 18, 2021, 12:55:57 PM
 #4

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂
Actually, it is not as cool as you think. At least in apps like Crypterium, it is possible to send crypto between users by number (this requires the internet too, but it looks similar). Also, using phone numbers is the greatest danger for your privacy. In countries like Portugal, the phone number is like your identity and I do not think it will be useful here.
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January 18, 2021, 02:26:43 PM
 #5

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂




It sounds too good to be true. You will not able to do that until the traders were using the same wallet on the platform but internet is a must. When you are creating a transaction and that means you must have broadcasted your tx into the network.
I have heard so many old projects that wanna try to do that but it's impossible. Crypto is always required the internet.
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January 18, 2021, 02:31:07 PM
 #6

That will be around your locality, maybe you are aware of someone who is involved in crypto who can trade one on one but i still believe internet will be required to do any transfer, i doubt there is any crypto that can be send through text message,.. this is the only way you can avoid using internet, to be honest i haven't heard of any such transaction and if there is am willing to know about it, as far as i know anything crypto requires internet.

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January 18, 2021, 03:05:38 PM
 #7

I have never seen such a service directly. However, I have heard that Bitcoin can be traded without an internet connection or any connection of satellite. I have heard rumors of the success of Bitcoin transactions where people using Bluetooth or Radio Wave to send Bitcoin to nearby recipients, I don't know if it is true or not. Sending Bitcoin without an internet or satellite connection will make us self-sufficient, it is really interesting.

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January 18, 2021, 03:17:47 PM
 #8

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂



Do not engage, I repeat, do not engage, we all know that trading requires staying online and monitoring the whole charts and predicting movements too, without the internet this is impossible, beware of those who gives fake use case in disguise of something that looks real, it's like cloud mining from different platforms that have no real mining equipments, you are totally in the blind spot

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January 18, 2021, 03:33:48 PM
 #9

in my mind, will it be safe? and will it be effective? at first glance like mobile banking, this application
I personally it's better to use the internet than this application, it's too dangerous if crypto transactions rely on SMS, the worst thing is hacking data from the cellphone number that we registered

Fivestar4everMVP
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January 18, 2021, 03:39:08 PM
 #10

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂



lol, I was about to say it's not possible but from what I read in the link above, i decided to give it a second thought, even if this is going to be possible, it will never be as good as trading with internet, and do not forget that that allohash thing, they are definitely going to be a centralized company managing your funds for you, this is the only way it will be possible as they will act as the middle men, your crypto will be with them so that when ever they get your message of transfer to a number, they can execute the transaction for you.

So if you really look into this, this is just another form of bondage cus you and your fund will be at the mercy of the company, what if they pack up and ran away , how do you get your money back??.

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January 18, 2021, 04:11:03 PM
 #11

buy and trade Bitcoin without connecting to the internet? I'm sure it can't be done, the reason I think is quite simple, because bitcoin is digital-based and anything that is digital-based assets which of course will use internet technology and assistance.

is my reason rational enough?

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January 18, 2021, 05:34:55 PM
 #12

I don't know someone will waste his energy, resources and money to develop something that people won't use. This is very backward from the people that come about this idea, people are talking about DEX, that you don't even need intermediary to trade and you are asking me to be sending  text messages up and down. I wish you the best

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January 18, 2021, 05:42:38 PM
 #13


So if you really look into this, this is just another form of bondage cus you and your fund will be at the mercy of the company, what if they pack up and ran away , how do you get your money back??.

wait  Grin
if so, there really was some kind of trickery to perpetrate fraud. and almost this year is becoming an arena for rampant fraud attacking bitcoin more than last year. everyone will try a way that can trick bitcoin users under the pretext that I don't think makes sense.

did the OP, have started it? ah I better get into the market and use bitcoin as I want. Wink

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January 18, 2021, 06:00:37 PM
 #14


They are doing ICO?

Maybe I didnt read the whitepaper but just seeing "how it works" on the website looks very obvious that users will just be using text messages. Not sure why someone today would be browsing facebook while on the farthest northern area on the icy Canada yet not using his data to check the market where his money on.

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January 18, 2021, 07:21:24 PM
 #15

am I the only one here who just heard, is there a company like this? because if there is, means bitcoin has a physical form? So far, I only think that bitcoin is a digital asset. which can be accessed using the internet network.
I was surprised by the company. how can the pattern of thinking.

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January 18, 2021, 09:05:25 PM
 #16

in my mind, will it be safe? and will it be effective? at first glance like mobile banking, this application
I personally it's better to use the internet than this application, it's too dangerous if crypto transactions rely on SMS, the worst thing is hacking data from the cellphone number that we registered
It's quite questionable also if transaction is offline, I know it's irritating also when we need to have a transaction but there's no Internet, but if it will be made offline it is much more riskier and prone to hacking as others might access the account without us noticing it. While it's good since we don't need to spend money to do transaction there are many Side effects that can cause us more lost than profit in using the method.
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January 18, 2021, 09:09:46 PM
 #17

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂


how it work mate ? i don't really understand about how to trade crypto without internet connections except buyer and seller meet face to face
but, in this digital era, thats not a good idea, because with internet its easier for us to buy or sell anything including crypto buddy

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posi
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January 18, 2021, 09:17:12 PM
 #18

Guys, I dont think it good to give negative feedback on new project which want to add value to cryptocurrency without listening to the team explanation since there have been a discussion about making crypto payment more easy and understandable to the aged person.

buy and trade Bitcoin without connecting to the internet? I'm sure it can't be done, the reason I think is quite simple, because bitcoin is digital-based and anything that is digital-based assets which of course will use internet technology and assistance.

is my reason rational enough?
It can mate and I will advice you to read the concept of the project. Besides, theres once a crypto project which never push through (dont know what really happen) that introduced sending coins through text but the expect I still dont understand is the wallet private keys and who is going to be the holder.

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January 18, 2021, 09:30:44 PM
 #19

The following company enables users to sell, buy or trade cryptocurrencies without the need to connect to the internet. This sounds too good to be true isn’t it?

https://allohash.com/

I want to know about this futher more 🙂


how it work mate ? i don't really understand about how to trade crypto without internet connections except buyer and seller meet face to face
but, in this digital era, thats not a good idea, because with internet its easier for us to buy or sell anything including crypto buddy
This might happen but I don't think how. We all know that cryptocurrency is digital money wherein you can only access those tokens if you have an internet connection and your own device. But if some project enables us to do such a transaction wherein there is no internet connection needed when making a transaction, that is indeed good and maybe safe since you are not connected to a worldwide network. Maybe the only thing that is needed when making a transaction is the private key.
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January 19, 2021, 12:00:17 PM
 #20

it might come handy someday.
If you want to know.

In 2013 CoinBase wallet already introduce Text Feature interact with their wallets for Buy, Sell, and Trade also the Text Feature have a few commands to be used for their customer. You can search that on Google, but don't know did the feature still can be used until now or already removed.

So, the feature you are talking about not really new at all.

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