Post
Topic
Board Announcements (Altcoins)
Re: [ICO=OPEN] CombiCoin: the cryptocurrency that is 100% asset backed by the top 30
by
802529er
on 19/09/2017, 23:00:22 UTC
I’m not too familiar with bitquence but from looking at it quickly it seems like another “diversification” option, where they simply take your investment (ETH) and split it between several accounts with various alts via the “universal wallet”

In a few of their infographs they are comparing themselves to Ledger Nano S, Trezor and such which to mean means there positioning themselves as more of a “universal wallet” then what combicoin is.

I also couldn’t find if they have something like the TRIA token for dividends but it doesn’t seem like it

  Bitquence was created to "bundle" coins based on risk for the average person that knows little about cryptocurrency, its a frontend that combines coins into "bags" with labeling that translates to the average person.  Like ordering your groceries online and saying just get me the top 20 healthiest items at the store this week, then the store delivers it to you neatly packed in a bag, you eat, live long, and prosper..etc !!

  However, your response helped greatly in that if a person that is deep enough into cryptoland can go take a peek at something like Bitquence, and finds the message is maybe not completely clear as to what the core point of the project is, then well, that certainly raises the bar for CombiCoin, in that the message is very simple, very clear in my opinion, and that makes all the difference when reaching out to a wide audience. 

SereneticElectrons

One of the big differences between their solution and our is that we manage the assets actively. What happens when on of the "fresh groceries" becomes to big or worse starts to decline sharply. At the start the risks will be diversified, but at a certain point in time one coin will have a much higher weight then the others. At that point the risks are no longer diversified.

We actively manage the assets, meaning that we ensure the correct top 30 is in CombiCoin and that no single coin will become dominant, because that will nullify all benefits that CombiCoin brings.

Yes, the users of BQX must choose and track the crypto-currencies themselves.
In addition, BQX tokens do not really provide any advantages to owners except, in fact, access to the platform. "BQX is an Functional Token that will be used on the platform to access various features and fees... However, BQX Tokens will NOT: Pay dividends or profits of any kind" (info from the official site).
Token has neither its own value (as opposed to CombiCoin) nor dividends for owners (as opposed to TRIA). Therefore, there are many more differences than similarities.


Yeah I couldn’t find anything in my quick skim of the site but I guess that the token wasn’t used for anything other the placeholder access, so in my books combicoin comes out on top, you could have a nice amount of  combicoin and your TRIA quietly earning away helping you make your stash of combicoin larger 🤑