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Showing 5 of 5 results by JHtoko
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Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
JHtoko
on 16/01/2018, 14:46:04 UTC
A thought I was having reading the email with the updates.

As an investor I am concerned about the decisions that are made and that could lead potentially to a loss of profit me and the other investors.

Facts:
As promised was that we would get a 160% dividend on your investment.
There is raised 100.000.000$
The mining units spread the profit 100% amount the investors
There are LOI (third parties) which spread 35% of the profit among the investors.

So as an investor. I would like to see the first 100.000.000 $ that has been raised to be invested in MMU working for ENVION alone and not to put into the hands of third parties. Ofcourse there are tradeoffs to be made.

So you have multiple LOI's. What are the agreements you made with them. How are you able to deliver to all of them? Does this mean our own ROI goes down, because you use the raised money to produce MMU's for the third parties?

These are some questions that go through my mind. I see  a lot of potential in this company, but please keep it in the company and do not give it away for third parties who gain 65% of the profits.

Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
JHtoko
on 16/12/2017, 15:38:52 UTC


As I said before, Envion are not the first one, producing Mobile Mining Units - Bitfury are long ago in the business.
Second, the hardware - they are planing to use Antminer 9S, the most popular ASIC miner, but more than year old model. New miner producing company will flood the market with new 16 Terahashes miner in March 2018, which means Bitmain most likely will be ready with Antminer 11S around that time. That means Envion will spend their money for old equipment.
They were very optimistic they can beat Bancor’s ICO, but it is not so easy...
One little red flag - why you need to send your money BEFORE the KYC process. The rest of the world is doing the opposite Wink
[/quote]

Yes I totally get that we assume that they use the Antminer 9S model. If in the whitepaper that is where they based on their calculations. However, they also state they use an amount of money for research and development. I guess using a newer version of Antminers is considered to fall under development, right?

I think the 150 million is a big cap to achieve and way to much and risky. But that is a gamble we all have to take. If they are making it work and can build a big amount of units and become the leading mining company in Europe. I think all the token holders should be proud to be part of it.

In the end we will see what happens.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
JHtoko
on 15/12/2017, 16:25:19 UTC
I also got my tokens. Damn we are doing well with the raise! Gonna be a tough one before making it to the 150 million. I would also say that it might be smart too communicate to the outer world Envion. To assure the credibility. As for people do not like to take risks. They want to know what they are investing in.

Share some actual data to the outer world. To comfort the potential investors and show them what they would invest in.

Erase the thought of a scam!
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Bubble ?
by
JHtoko
on 12/12/2017, 10:28:53 UTC
Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......

Untill then, we have a long ways to go!

Buy and hold is my advice.

Steam has abandoned Bitcoin, so why should McDonalds, Walmart, or whatever start to accept it all of a sudden? Methinks, the primary reason why Steam ditched Bitcoin is lack of demand. I mean there weren't enough people willing to pay with bitcoins for the games Steam is selling. They say they dropped Bitcoin because of Bitcoin's insatiable volatility, but personally, I doubt that. If people were actually using Bitcoin in their everyday life, Steam included, volatility wouldn't be an issue any way you look at it.

True that. But I would say that the transaction speed is the bottleneck for them. I mean if you gonna order a Burger and you have to wait 6 hours before your transaction is confirmed. I would say that your burger is burned at that time. No one wants to waits that long for a transaction. There has to be an alternative better and faster coin.
Post
Topic
Board Bounties (Altcoins)
Re: «Envion» Highest ROI crypto infrastructure | $2M Bounty available!
by
JHtoko
on 07/12/2017, 15:01:56 UTC
Hello Envion members and enthausiasts! I just subscribed to the bounty program. I am super excited for this project. I saw it passing by while I was doing some research and this project has much potential. Would love to see it to change the future as it is. Because there are lots of positive influences Envion can have on the blockchain technology and change the perspective of mining.