New ZiftrCOIN Presale Launched!

[ocminer]

hello i have presently 220 ziftrcoin in my wallet and i still mine i have a hashrate of 2.5mh/s

i offer you to pay the fee i pay for my 2.5mh/s split in half and i split all the profit in half plus my 220 ziftrcoin
i need to pay my aws account

wow what machine did you rent for 2.5mh/s ??

[1714637333]

1714637333

[1714637333]

1714637333

[frankywill]

i need aws credit or btc to continu i split the profit with you

[joehoebot]

could we just have one thread? 

[bitpop]

could we just have one thread? 

Where's that?

[joehoebot]

https://bitcointalk.org/index.php?topic=970363.120

[paycum]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

[bitpop]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

They learned from the great Homero

[paycum]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

They learned from the great Homero

hehe, so we can expect a huge price pump and then a even bigger fallback  

[inBitweTrust]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

Its already down to 25 cents a coin on cryptsy... Of course they cannot guarantee 1 dollar a coin as they are selling coupons for the opportunity to get up to 5% discounts if you buy through them. No one knows who they are and many that do are also aware that they can save 20-25% with pruse.io or brawker instead of just 5%.

Sorry if I come off harsh but they misled investors and even after I called them out on it and they confirmed they were being misleading they made no corrections throughout the ICO.

[paycum]

I bet this coin will be dirt cheap as soon as it gets listed on exchange.
It's highly likely to be a dedicated scam.

It's listed on Cryptsy: https://www.cryptsy.com/markets/view/ZRC_USD

As far as I understand the OP, each coin will have a value (at the end of this year) of us$1, that can be applied to get a discount of up to 5% on a purchase at participating merchants.

Let's wait and see.

Rarely do you see coupons that offer only up to a 5% discount sell for the same rate as they save their consumers.
This is especially true if one can get 20-25% discounts with purse.io and brawker.net with a much more secure, trusted and accepted currency.

It is no surprise that you already see it pushed down to 0.75.

I was thinking the same. I currently use purse.io and get a much higher discount without any risk

[paycum]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

Its already down to 25 cents a coin on cryptsy... Of course they cannot guarantee 1 dollar a coin as they are selling coupons for the opportunity to get up to 5% discounts if you buy through them. No one knows who they are and many that do are also aware that they can save 20-25% with pruse.io or brawker instead of just 5%.

Sorry if I come off harsh but they misled investors and even after I called them out on it and they confirmed they were being misleading they made no corrections throughout the ICO.

Ah true indeed, was just thing about purse myself I do like the idea, but using it for a currency might not be the best choice as indeed there are already a lot of player out there who offer much more value for your money without all the hassle.

[bitpop]

Griftr coin

[firefighters]

This coin is severely being raped by gpu miner now 

[bitpop]

This coin is severely being raped by gpu miner now 

Dump while you can

[TheCoinFinder]

This coin is severely being raped by gpu miner now 

Severely raped at 212mh/s ? Really...

[StephenMorse]

I understand the coupon part, but how can you promise a floor of 1usd a coin?
Is there a big company behind this coin? If no, how will people trust you? I have read the "who we are" part, but i couldnt find anything about the company itself. Is it totally new, started with the presale funds?

That's how the $1 redemption for up to 5% of your purchase works.

Ziftr (http://www.ziftr.com/) has been around since 2008, under the parent company myvbo (http://www.myvbo.com/). The coin is a way to get new people into crypto and establish a user base. It's just one part of the model at ziftr, and not even the biggest part. ZiftrPAY API and merchant integration are a big part of it. We're a startup that's shifting over to crypto and applying it to our main industry, ecommerce. The first ziftr product was a price comparing engine to find you the best deal: http://www.ziftr.com/shop/.

More info at: http://www.crn.com/news/components-peripherals/300075170/channel-titan-wilkins-makes-game-changing-cryptocurrency-bet-with-ziftr.htm

[paycum]

Thanks for the explanation. But can you spice up the discount part? I think 5% is a bit to low to attract new investors/crypto lovers as other companies are offering the same with a 25% discount.

[bitpop]

I'll stick to easy gyft for 3% off Amazon

[StephenMorse]

Thanks for the explanation. But can you spice up the discount part? I think 5% is a bit to low to attract new investors/crypto lovers as other companies are offering the same with a 25% discount.

5% may seem low if you had to go to an exchange, sign up, make a bid to buy some ZRC, and then go find a place to use it, but that's not exactly the use case that will always take place. Sure, you could do that and save like 4% on your transaction (since there is a cost to getting the ZRC in the first place), and for some people even that will be worth it. But there's another whole audience out there that just has a smart phone and has maybe heard of this bitcoin thing but they've never tried it. Now we can get $100 worth of crypto-coupons into their hands, and get them to start using cryptocurrency. Our mobile wallet (http://www.ziftrwallet.com/), which is in Beta, supports multiple cryptocurrencies and is an easy way to get the coins into the hands of consumers. The coin will probably be most useful to people who do online shopping, though, which is more and more people...

And obviously, yes, this whole thing encourages the use of ziftr's products. But from my point of view, it's a win-win-win for the merchant, consumer, and ziftr. Merchants gets new users, and many of these users who are now introduced to cryptocurrency might start paying with BTC or others and allow the merchant to limit its credit card and fraud costs. Consumer gets ~5% discount. Ziftr gets adoption of the tools it is building and also gets 5% of each transaction.

25% is an extreme case, you must be talking about purse.io. This service, which I think/hope is well meaning, has some problems. One thing that I don't get, why does anyone buy BTC with USD on that website? The 25% savings means that someone else is getting a rip off for the BTC they are buying, as compared to what they could be getting elsewhere. Maybe I am missing something, but that doesn't seem sustainable. There are some legal issues too, like with AML/KYC stuff, that I'm not sure have been worked out.

[paycum]

Thanks for the explanation. But can you spice up the discount part? I think 5% is a bit to low to attract new investors/crypto lovers as other companies are offering the same with a 25% discount.

5% may seem low if you had to go to an exchange, sign up, make a bid to buy some ZRC, and then go find a place to use it, but that's not exactly the use case that will always take place. Sure, you could do that and save like 4% on your transaction (since there is a cost to getting the ZRC in the first place), and for some people even that will be worth it. But there's another whole audience out there that just has a smart phone and has maybe heard of this bitcoin thing but they've never tried it. Now we can get $100 worth of crypto-coupons into their hands, and get them to start using cryptocurrency. Our mobile wallet (http://www.ziftrwallet.com/), which is in Beta, supports multiple cryptocurrencies and is an easy way to get the coins into the hands of consumers. The coin will probably be most useful to people who do online shopping, though, which is more and more people...

And obviously, yes, this whole thing encourages the use of ziftr's products. But from my point of view, it's a win-win-win for the merchant, consumer, and ziftr. Merchants gets new users, and many of these users who are now introduced to cryptocurrency might start paying with BTC or others and allow the merchant to limit its credit card and fraud costs. Consumer gets ~5% discount. Ziftr gets adoption of the tools it is building and also gets 5% of each transaction.

25% is an extreme case, you must be talking about purse.io. This service, which I think/hope is well meaning, has some problems. One thing that I don't get, why does anyone buy BTC with USD on that website? The 25% savings means that someone else is getting a rip off for the BTC they are buying, as compared to what they could be getting elsewhere. Maybe I am missing something, but that doesn't seem sustainable. There are some legal issues too, like with AML/KYC stuff, that I'm not sure have been worked out.

Ah ok, then yes, it might be interesting for "new people" as free money is always good offcours. But not so interesting for investors like myself...as the services wont be used by us (i would just buy with my card or btc)

And bye the way almost nobody uses purse.io to buy btc, i dont know if that is even possible. It is for people who have btc and want to buy something from amazon. Instead of buying directly they get a 15%/25% discount by using btc. Nobody gets ripped! There are many people who have amazon giftcards and dont want to use them. They got them as a birthday gift or something like that.

So basically the people who want to get rid of their giftcards are buying the products (for the buyers who want to spend his btc). Once bought they get the btc of the buyer and the buyer gets his products in return.

The people who pay with their giftcards are very happy as they just want cash (or in this case btc). For them their giftcards are else useless..as giftcards can not be sold or traded into cash... And both buyers and sellers can set their own discounts...if people find the discount to high they just dont buy it.