Quote from: octain on February 22, 2018, 02:42:44 AM

Quote from: Richie_veritas_MiddleRich on February 21, 2018, 11:50:59 AM

Quote from: octain on February 21, 2018, 10:28:44 AM

hey!, where bagging populous here. Ill go bag hive in their own forum.

So.... ive had a look and as expected it was the late then uncompleted beta which has killed this coin.

NOT FUDSTERS.

Just letting the kids at home know, a beta release should be fully working and operational with just bugs to iron out. OPerational meaning can accept invoices, can credit risk score, can be factored.

I feel that if they don't release final proper beta this month this coin is done for , maybe people hold on a bit longer mid marchish maybe not.

you guys only have a few days to make this happen. This coin will get dumped to nothing.

Further to this and i got to admit i dont fully understand it, but have read the white paper. I understand you put in your ppt which is exchaged for pokens to the invoice buyer. Then I believe the invoice buyer can exchange pokens to fiat.

What happens if i as PPT holder Factor to myself. So I can hold the fiat. If the price of PPT goes up I can exchange the fiat back to myself with profits and cop the fee from populous. HOWEVER, if the price of PPT goes down . I can not exchange the tokens take the money and purchase more PPT at a cheaper price and populous are on hook for the contract which i just delfault on. As the invoice buyer obviously your not going to kick up a fuss as you gained yourself. This is all given that no invoices are checked at populous. This is too simple and im sure they have a solution but I didn't read about it in the whitepaper thats all.

Buying an invoice from yourself would be like moving pocket change from your right pocket into your left pocket and and paying a transaction fee to the populous platform in the process.

Even if they don¨t finish this month the fundamentals will still be the same and they would still be first to come to market.

Are you Fudsters pretending to be retarded or are you actually retarded people? This is a genuine question.

Your clearly a retard who completely missed the point i was trying to make and maybe this will still fall on deaf ears if you can't understand it .

If you fund your own invoice throught populous you have the opportunity if the price falls to not pay yourself back. This means you can use the fiat you collected to buy the PPT back at a lower price. Ignoring the invoice you haven't paid back.If the price of ppt rises you can simply pay yourself back cop the fee and move on but it garantees you a win.

It a questionable tactic but if i can work this out scammers will be all over it.

XBRL data will be used to assess the creditworthiness of invoice sellers. PXT will also have a role although I am not sure how that will work yet. In essence, if that is actually feasible you probably can get away doing that like once. And you still would need to pay a fee to the platform. It's really a silly example tbh.