Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Spectre.ai - (SPEC) Speculative Tokenized Trading Exchange
by
Spectre.ai.team
on 17/09/2017, 17:50:48 UTC
This makes no sense. How can you sustain a 75-90% return just by guessing that the price will go one way or another? If you guess it goes up and the price goes up only by .1% your still right, but are going to get a 75% return? The money come from the liquidity, thus detracting from the whole network value. So if people do guess right, the network is worth less even tho your personal value went up. So if you achieve your goal(making smarter traders), then you company will be worthless.
If people do guess wrong, then they lose everything nd so if your company succeeds then majority of users have lost money.
 Your page states that a person needs a 57% correct guess rate (minimum) to make profit, due to the 2% fee on every trade(both entry and exit).
 And your trading robot will advise them if they make a mistake? The same robot that controls the price points, trade access,  and the liquidity pool? It sounds like you replaced the brokers with an automated version.
All in all, I feel you make this sound like it's a win win for all whIle also sayin that the majority will lose.

And yes the name makes no sense. I'm not sure what language you translated from but something is not right here. Just my 2 cents.


Hello HippePyro, I will give this a go at a response.  If you watched the https://www.youtube.com/watch?v=p9FRoc0CNyM example the trade being executed risked 3 eth.  It had a return of 5.35 eth if the person making the trade is correct.  Had the trader been wrong of course they would have lost 3 eth.  Since they were right they won 2.35 eth.  2.35/3= 78% ish as their ROI.  The only way it is always a win win is if you're a holder of spectre.  As you receive a 2% return of each trade made on the platform.  In order to profit from trading you would of course need to be correct more often then not.  The good news if the interface can help you achieve this through its various control settings.