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Showing 20 of 388 results by Faeton
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Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 21/04/2019, 02:41:29 UTC
Is there any news about IEO date and conditions for investors?
I just today looked at a road map and there is not specified date of IEO. Perhaps the developers will announce this information later.

yes right, so far Token sale are still in the Whitelist registration stage. and I don't know when Token Sale / IEO will end, I hope there will be an update soon.
Is this true the Invech Twitter account https://twitter.com/invechexchange? because the account only has 125 followers
This is what we said before. People gave advice to the team working more closely with social networks because they are the engine of the whole project . Of course they do not play a crucial role, but before you invest your money people look at the popularity of the project.
In my opinion, potential investors are not looking for good projects in social networks, but go to specialized forums such as this one. Therefore, I think that for advertising the project INVECH you need to use all the possibilities.
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Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 20/04/2019, 16:39:57 UTC
I understand that the team is planning to create a token IV based on the blockchain Ethereum according to the ERC-20 standard. I’m curious to know if there are plans to switch to a more promising and faster blockchain in the future or, for example, to switch to your own blockchain?
It should be noted that ethereum also does not stand still, but develops and improves. This is evidenced by the recent five improvements to the ethereum network, as well as two more stages of such improvements, scheduled for the end of this or the beginning of the next year.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 19/04/2019, 03:11:38 UTC
I wonder why Timor Leste was chosen to create a cryptocurrency state? This is a rather poor country with a low level of economic development.
I do not know by what parameters the team chose Timor, but it is not as poor as it seems. According to open sources, he found this: “Several oil deposits have been found in the Timor Sea. The reserves of only one of them, Bayou-Undan, are estimated at $3 billion. The traditional basis of agriculture is coffee and tropical fruits.
In any case, it is very noble to help this state with foreign investment, and with financing agriculture, as well as tourism, on the part of the INVECH team.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 18/04/2019, 02:33:05 UTC
Are you planning a generosity company? Will there be a distribution of your tokens? I would like to know about future plans.
We will be starting our IEO (Initial Exchange Offering) soon, you can visit our token-sale website at: https://tokensale.invech.io
Do not you think that the second phase of the distribution of tokens IV is too unprofitable for investors. And the discount is reduced by half - to ten percent, and the price increases from 0.32 dollars to 0.36 dollars, and the tokens will be blocked for 9 months, instead of 6 months. ?
This site also states that 500 million tokens of IV will be released. During the first phase of distribution, it is planned to sell 75 million, while the second phase - 100 million tokens. Unsold tokens will be transferred to the Timor Leste Foundation - INVECH with a three-year grant period. Do you mean tokens that may not be sold during the first and second distribution phases? Or is it the difference between the 500 million tokens released and those that will not be sold during IEO? And what will happen next with these tokens?
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Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 17/04/2019, 15:51:29 UTC
Those projects who have a lot of investors and believe in themselves, usually, don’t use bounty campaign for advertising.
Even strong projects need advertising to reach a larger audience and spread information about the project. Even the world's largest brands do this.
If you are a professional investor, you need to know that high priority or another words high rating projects collect hard cup without any problem.
I agree with you, for example, BitTorrent, which collected $7.2 million in 18 minutes. Or projects that collected hard cap in seconds Bread ($6 million) and Gifto ($3.4 million).
Yes, but these projects were a great marketing and news background. Now think , who knows about Invech that sketched white paper from binance? Do you think there is a chance that Invech collect at least a million dollars on IEO?
If you use some kind of common white paper from other projects as a sample, I see nothing wrong with that. This cannot be considered plagiarism.
As for marketing in IEO projects, investors, in any case, should learn about such projects from somewhere. The only exception may be cases when large investors appear as a result of private negotiations.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 16/04/2019, 03:30:08 UTC
If IEO is conducted on Binance, then the team and all project documentation will be carefully checked. Although Binance is very difficult to get to spend IEO. Recently I read statistics, only 4 of the 60 projects were selected and will be able to hold their IEO.
Interesting, and where did the other 56 projects go after that? Gone to other exchanges, or as before, began to conduct ordinary ICO? Still, without ICO projects, we are not going anywhere. But bounty hunters will not remain without work.
I agree with you, ICO still exists and will exist for a long time, but IEO is a trend today and as long as it brings profit to investors it will be popular.
IEO projects have their advantages, but there are also disadvantages. It seems to me that we will return to the ICO projects all the same, however, when they are regulated and protected from fraudsters by state bodies. This is still the simplest and most accessible form of fundraising and distribution of new tokens.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 15/04/2019, 04:24:50 UTC
Hey, another one IEO? As I see this approach is getting more common. I've tried to participate in Binance launchpad , but it was sold out too fast. Hope I will get a chance here
if you want to buy, you should carefully monitor the sales,so as not to miss the chance on this project
An interesting turn of events. ICO projects have recently collected their funds for a very long time, they extend the duration of an ICO to six to eight months. And that, while barely surviving. IEO projects have appeared and sell their tokens in literally seconds. The problem is to have time to buy.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Invech Token IEO - Licensed Crypto Exchange & Blockchain Smart City
by
Faeton
on 14/04/2019, 05:46:21 UTC
It is interesting if this exchange is really licensed by any serious bodies, then I think that many at once will have a trust to this project.
The Invech Group is a licensed campaign by the government of Timor-Leshpi and is designed to solve the problems of foreign investment, reduce unemployment in the country, tokenize tourism and agriculture, and also solve other problems. That is, since the assigned tasks are among the issues to be solved by the government, it supports this project.
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Board Speculation
Re: Can any analysis predict btc price for the next month?
by
Faeton
on 01/11/2018, 19:53:32 UTC
No technical tests for cryptocurrency will give you anything. Now no one can even say with confidence whether the cryptocurrency market will grow in these last months of this year. I remember what technical analyzes were at the beginning of this year about Bitcoin growth to 40,000 and 60,000 dollars. Where are these forecasts now? Something about them is not heard. While we have hope for the growth of Bitcoin and another cryptocurrency, there is, however, very little. It was already November, and the course of Bitcoin is surprisingly very stable.
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Board Altcoin Discussion
Re: KYC scams
by
Faeton
on 31/10/2018, 18:37:21 UTC
Even Fantom ICO which is hyped at the moment has a leak in KYC data, hackers  stole KYC data of more than 70 k participants!
It was due to http connection and low protection.
Of course, KYC data leakage will occur even when ICO projects and their teams are normal, with no signs of fraud. After all, they are not at all interested in keeping our confidential data. For them, this data is generally useless.
As long as the activities of the ICO will not be regulated by the state, there will be no order in it.
In addition, the KYC check is generally illegal for bounty hunters, since we are not investors in ICO projects.
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Board Altcoin Discussion
Re: Bitcoin alternatives in 2018
by
Faeton
on 31/10/2018, 18:19:04 UTC
What do you think which will be the best alternative of bitcoin in 2018? Ethereum, Litecoin, Ripple, Verge or Zcash?
Today, no altcoine can replace bitcoin. For example, look at the etherium. The coin depreciated so much that it can not rise above 300 dollars. Bitcoin has already risen in price to 7200, and the etherium is trading at 290-295.
Perhaps in 2019, new more promising coins will appear. But now the situation is very difficult.
In my opinion, the price indicator is not yet an indicator of the state of development of a certain type of cryptocurrency. The fact that ethereum has now fallen in price to $ 200, I do not think that its usefulness has fallen from this. Most likely, there is the usual manipulation of the market. Personally, I rate ethereum much higher than its current price. After a while this coin will grow in popularity very much.
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Board Service Discussion (Altcoins)
Re: KYC to airdrops is it good?
by
Faeton
on 30/10/2018, 18:04:19 UTC
KYC (Know your customer) for airdrops token are scams, they pivot out the private information of several participants and offer them tokens that are worthless when listed on exchanges.
Funny enough, most of the projects becomes desolate (failed project) and what happens to kyc data's gotten ?? they are most probably sold on black markets to unknown buyers across the world.
Lets be smart and avoid unwarranted KYC.
I join this opinion about the dangers of transferring their confidential data to ICO teams that are unknown to us, which can place photographs of any other persons as their ICO team.
In addition, it is generally illegal to require ICO generosity campaigners to pass KYC checks. Bounty hunters are not investors, only those who invest their money should be tested by KYC, because its main task is to prevent the laundering of dirty money.
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Board Legal
Re: is bitcoin is a private currency
by
Faeton
on 29/10/2018, 19:18:05 UTC
I think bitcoin is a world currency not a private currency and because he does not hold by the government and does not have tax.. and i am agreed for this currency. so all people are wrong tell us bitcoin is a private currency.
From a legal point of view, Bitcoin cannot be considered a private currency because a patent for the invention of Bitcoin is not registered for any private individual.
However, Bitcoin can rightly be called a private currency in everyday conversations from the point of view that it will be used primarily by individuals. In my opinion, states and legal entities will not use bitcoin widely due to its high level of volatility.
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Board Legal
Re: KYC challenges
by
Faeton
on 29/10/2018, 19:01:02 UTC
Kyc is very crucial in getting to know your customer but me i feel snapping with you holding the projects name is asking for too much, when you alrdy have a picture of you holding the ID card.
Then you, as a bounty hunter, must both meet your clients - the ICO team and take the KYC verification from them. After all, the client is always the one who pays his money and therefore proves that his money is not "dirty." This is the point of checking KYC. Therefore, investors who invest their funds, as a general rule, are tested by KYC, in case some states are interested in a particular person and the origin of his funds.
Bounty hunters should have no relation to the KYC verification.
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Board Altcoin Discussion
Re: Do you believe in Ripple?
by
Faeton
on 28/10/2018, 17:10:20 UTC
Hey guys, what do you think about ripple? I think it’s a centralized shit which is interesting only for banks and so on. However it is growing and people still believe in it. Idk why.
And why should a ripple coin be considered shit? Just because it primarily serves the banking system and is centralized? In any case, I think that this coin deserves respect, since it performs very useful functions in the same banking structure, and therefore is useful for people. We should not oppose cryptocurrency and banks, in the end they will be forced to work together. I also read that the ripple is also quite successfully used in some countries as a means of payment for the purchase of goods and the provision of services.
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Board Speculation (Altcoins)
Re: ETH is $174. It is the bottom of the chart.
by
Faeton
on 28/10/2018, 16:56:26 UTC
ETH goes down to $174, Do you have any plan for this? I've just bought and wait to $1000 Cheesy

It shoudl be even lower, especially after announces about the Ethereum team remained unchanged. It shoudl be the end of ETH from my point of view.
I do not think that the ethereum price will drop below the current 204 dollars. Is that for a very short time. Now there is a lot of good information that will affect the increase in the popularity and price of ethereum. These are planned improvements to it, and the fact that WBTC tokens appear, which will be equal to one bitcoin, and WBCH, which will be equal to one bitcoin in cash. They will work on the ethereum network, which means that the popularity of this coin will increase.
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Board Bitcoin Discussion
Re: Will Bitcoin bring an end to Paypal?
by
Faeton
on 26/10/2018, 04:27:48 UTC
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
No, I think that non-cash forms of payment, on the contrary, will only develop. Most likely, Bitcoin will also be served with bank cards and in my country it is already practiced. Bitcoin can be transferred to such a card, but it is no longer possible to withdraw it from the card. The card shows the amount in Bitcoin, although in fact it is displayed immediately by the bank. At any time, the duration of Bitcoin can be converted to another currency directly on the card and make a purchase. In principle, it is quite convenient.
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Board Bitcoin Discussion
Re: Why they always attempt to create a stable kind of coin like TUSD?
by
Faeton
on 26/10/2018, 04:16:06 UTC
I'm just curious, why do exchange always attempt to create new kind of cryptocurrency that can replace USD?
In my opinion, It's much better if you can just convert it directly to USD, so trader may assure that their money in the trading site is really equal to 1usd.

What is your option on this matter?
In fact, stable coins are very convenient to use. Sometimes it becomes necessary to simply withdraw funds from cryptocurrency, but without transferring them to fiat. This may be, for example, when the cryptocurrency begins to fall in price. Or it is just necessary to withdraw it urgently for transfer to another coin, however, it’s not yet time to convert to another coin. Or you need to convert to a certain coin, and there is no direct pair for exchange. Such cases can be many. Therefore, in these cases, stable coins are irreplaceable.
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Board Economics
Re: What will happen if the all countries convert to cryptocurrency?
by
Faeton
on 25/10/2018, 04:52:07 UTC
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?

If all states switch to the use of cryptocurrencies, which can never happen in reality, then very interesting events will really begin. The economies of countries will unbalance quickly, and complete economic chaos will begin. I think that such an experiment will end quickly and everything will again fall into place with a return to their national money.
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Board Economics
Re: Is there any chance of having one global currency?
by
Faeton
on 25/10/2018, 04:36:17 UTC
Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?
Almost every state has its own national money, which interacts with the economy of this state. Each state seeks to strengthen its currency and with this it strengthens its economy. It seems to me quite normal. The state simply cannot switch to using the currency of another state or cryptocurrency, which will not interact with the economy of this particular state. This will lead to the imbalance of economic indicators of the state. At the international level, states can agree on the use of a single currency, because this single currency will eventually be recalculated as a result of national money. However, the state will not be able to fully switch to the use of other people's money.