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Author Topic: [PRE-ANN] INCHAIN. Ethereum based insurance platform  (Read 27131 times)
Sergey_Inchain
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September 21, 2016, 01:38:38 PM
 #521

Hello, dev updated the Filipino Translation.. now with link to download whitepaper.

https://bitcointalk.org/index.php?topic=1620452.new#new

Thank you!

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September 21, 2016, 03:13:49 PM
 #522

how is a system/coin like this affected by the chain above it?  You say that this is ETH based, so I am going to make up numbers to illustrate. Lets say that ETH is 0.01/BTC and your asset is worth 100 ETH each.  That would mean that an overall value could be placed indirectly at your asset being worth 1 BTC each, 0.01 times 100.  Now, as the price of ETH rises and falls, how does that affect your asset? 



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Rainbot
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September 21, 2016, 03:23:40 PM
 #523

how is a system/coin like this affected by the chain above it?  You say that this is ETH based, so I am going to make up numbers to illustrate. Lets say that ETH is 0.01/BTC and your asset is worth 100 ETH each.  That would mean that an overall value could be placed indirectly at your asset being worth 1 BTC each, 0.01 times 100.  Now, as the price of ETH rises and falls, how does that affect your asset? 
The Inchain token and and insurance contract are ETH based but their assets does not have to be. You would not be able to run a trade bot using only ETH, so they will have other assets as well.

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September 22, 2016, 10:11:02 AM
 #524

Guys! Go to the ANN post: https://bitcointalk.org/index.php?topic=1623519
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