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Showing 20 of 41 results by shinzai
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Board Tokens (Altcoins)
Re: [PRESALE] 🔴ADHIVE🔴 The first AI-controlled platform for influencer marketing
by
shinzai
on 11/01/2018, 21:58:37 UTC
Hi!
What are the main differences between your solution and the existing top influencer marketing platforms like for example Tapfusion & Traackr?

AdHive is a service for the influencer-marketing, not webmasters. First of all, we work with the influencers on Youtube and Instagram. And there is still no fully automated service for them. We will be the first. The services you mentioned are seo marketing tools, not influencer ones.

I'm sorry but I don't understand your terminology. I'm new to this space. I just made a quick google and this came up:
https://influencermarketinghub.com/8-top-influencer-marketing-platforms/
They are presented as influencer marketing platforms. Is that incorrect?

What do you mean with service for webmasters & "seo"?
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Board Tokens (Altcoins)
Re: [PRESALE] 🔴ADHIVE🔴 The first AI-controlled platform for influencer marketing
by
shinzai
on 11/01/2018, 14:20:18 UTC
Hi!
What are the main differences between your solution and the existing top influencer marketing platforms like for example Tapfusion & Traackr?
Post
Topic
Board Announcements (Altcoins)
Re: TravelFlex : Decentralized Social Network & Payment System
by
shinzai
on 11/01/2018, 09:40:37 UTC
6. Near Field Communication (NFC) to see who uses Travelflex around you.

(These functions can be switched on and off in privacy settings).


Hi!
I was a bit confused by this. Isn't NFC tech restricted to just a few cm range and made specifically for mobile payments?
https://en.wikipedia.org/wiki/Near-field_communication

How can I use that to notice Travelflex users around me when it's such a short range?

EDIT:
A few more questions.
2) Will there be a wallet solution for the coins? If yes, when is it planned?
3) How will payment with cheques work?
  a) How does the payment recipient get access to the funds?
  b) Will he get access to TRF coins to convert himself on exchange or is this done automatically with fiat sent to his account?
  c) If he needs your pin code to get access, is that not a security risk? ie sharing your pin code with each person you buy from.
  d) What kind of fees can be expected? Why would they be lower with this system than with normal credit cards?
4) How will payment with credit card work?
  a) Is your TRF coins automatically exchanged for fiat and sent to the account? Same for ATMs?
  b) As far as I understand, this is an additional service atop of the main cheque system, am I right?
  c) Will the fees on the card be the same as normal credit cards?
5) Do you have any indications on which exhanges you will be listed on?

Sorry for all the questions, but I couldn't find this info in the whitepaper.
Cheers


Hi, I will repeat my questions since they haven't yet been answered, see above.

I have invested a small sum since I like the project in general, but will hold off further investments until I get answers.
EDIT: Already got the answer on question 2.

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Topic
Board Announcements (Altcoins)
Re: ✴️ SHARPAY ✴️ Share button with blockchain profit ✅ Presale Bonus 50%, Buy Now! ✅
by
shinzai
on 10/01/2018, 22:08:16 UTC
Hi, interesting project!
The one thing that turns me off though is the valuation. Since this thread started the ETH price has gone up almost 200%. Since you initially had planned to take in around $20 million max, what do you need the extra $40 million for? Your hard cap has almost tripled in USD since then.

Will you adjust the token price in ETH for the main token sale? Otherwise you might find it hard to get investors.

Cheers
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Topic
Board Announcements (Altcoins)
Re: TravelFlex : Decentralized Social Network & Payment System
by
shinzai
on 02/01/2018, 15:09:36 UTC
6. Near Field Communication (NFC) to see who uses Travelflex around you.

(These functions can be switched on and off in privacy settings).


Hi!
I was a bit confused by this. Isn't NFC tech restricted to just a few cm range and made specifically for mobile payments?
https://en.wikipedia.org/wiki/Near-field_communication

How can I use that to notice Travelflex users around me when it's such a short range?

EDIT:
A few more questions.
2) Will there be a wallet solution for the coins? If yes, when is it planned?
3) How will payment with cheques work?
  a) How does the payment recipient get access to the funds?
  b) Will he get access to TRF coins to convert himself on exchange or is this done automatically with fiat sent to his account?
  c) If he needs your pin code to get access, is that not a security risk? ie sharing your pin code with each person you buy from.
  d) What kind of fees can be expected? Why would they be lower with this system than with normal credit cards?
4) How will payment with credit card work?
  a) Is your TRF coins automatically exchanged for fiat and sent to the account? Same for ATMs?
  b) As far as I understand, this is an additional service atop of the main cheque system, am I right?
  c) Will the fees on the card be the same as normal credit cards?
5) Do you have any indications on which exhanges you will be listed on?

Sorry for all the questions, but I couldn't find this info in the whitepaper.
Cheers
Post
Topic
Board Tokens (Altcoins)
Re: 🌟[ANN] [ICO] MiniApps.pro NEXT GENERATION BLOCKCHAIN🌟Phase 1 finished 🌟
by
shinzai
on 01/01/2018, 23:07:18 UTC
Hi!
I participated in the ico with tokens on the ICOS/Icobox platform. They are currently on my ICOS wallet. What do I have to do in order to exchange them to KRK?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO][07.07] AdShares - P2P market for programmatic ADS (working code)
by
shinzai
on 31/12/2017, 12:34:09 UTC
Every coin holder will be entitled to the dividend - no staking required. Basically we take all fees paid during eg. a week and distribute it to all accounts that hold coins. You get as much of dividend as much % of coins you hold. Some income from fees will be paid to transaction validators, but it will be 10-20% of fees max.

Hi!
I have a few questions:
1) So if I hold for example 1% of the token supply I will recieve 1% of your total income from fees? The whitepaper does not clarify this as far as I can see. Would be nice if that was the case though!
2) According to coinmarketcap the token supply is around 13 million. That would imply a current ico price of about $0.13 if I have understood the ico mechanism correctly. But then why is the token trading at $0.37 on Cryptopia?
3) I recall reading that ADST tokens will later be converted to ADS tokens on the ESC chain. Will ADST token holders have to actively approve or make some kind of transfer in order to convert to ADS tokens, or will it be done automatically by a smart contract?

Overall, looks like a great project!
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Topic
Board Tokens (Altcoins)
Re: [ANN] Jibrel Network | Traditional financial assets on-chain [Nov. 27]
by
shinzai
on 11/12/2017, 21:32:41 UTC

Thanks for the answers!
I've decided to participate in the ico.
However, every time I try to upload my passport (the image shows up) and press "next step" it says "check your connection and try again". I've tried with different picture sizes and different browsers with the same result. My internet connection is fine.

How do you propose I proceed?


EDIT: I have a few more questions.
1) Let's say I buy 1000 JNT from an exchange at a current price of for example USD 0.5 each. If I then use them immediately to buy jUSD then each JNT will give me 0.5 jUSD, ie 500 jUSD. However, if I wait a few weeks the JNT/USD price might change to $1 due to market demand and I will thus get 1000 jUSD from my 1000 JNT. Is that how it would work?
2) What happends to the JNT token afterwards? ie after I have exchanged it for CryDRs?

If you're still facing KYC verification issues, please contact support and they'll resolve it quickly.


Questions:


1. Once you have jUSD. These tokens will be redeemable for a dollar's worth of JNT. Whatever that may be.

JNT is used by the DAO to balance accounts. So if JNT price stays constant, the DAO only has to hold 1000 JNT to back your 500 jUSD.
If JNT appreciates, the Jibrel DAO can print new CryDRs.

Best to look at it as users converting BTC -> jUSD and back.

The JNT balancing act is done by the Jibrel DAO as a proof of solvency. So anyone holding jUSD can be confident the Jibrel DAO can back this.

When they redeem it, the Jibrel DAO converts JNT back into BTC or ETH, to pay the user out.

JNT appreciates with CryDR demand (jUSD, jKRW, etc.) because the DAO will liquidate whatever BTC / ETH it receives and store some off-chain, and most of it as JNT.

2. JNT is held by Jibrel DAO as proof of solvency.

Thanks, I'm a little bit wiser now but still got questions:
3) Let's say I've bought 4000 JNT @ $0.25 each and then bought 1000 jUSD for them.
Scenario a: The JNT price goes down to $0.1 and I choose to convert my jUSD to JNT. You hold 4000 JNT with a value of $400. How will I be compensated for the remaining $600? You don't hold those tokens right?
Scenario b: The JNT price goes up to $1. I convert my 1000 jUSD back to 1000 JNT. What happends with the remaining 3000 JNT I deposited?
4) Is the guarantor a bank?
5) How does your contract with the guarantor work? Do you pay them regularly and they in turn hold a sum of USD equal to the outstanding number of jUSD?
6) Let's say the JNT price skyrockets and all JNT holders then exchange their JNT for jUSD. At this JNT price alot more jUSD are minted and thus the guarantor will have to hold alot more USD. What if they are unable to aquire it?
Post
Topic
Board Economics
Re: Bitcoin futures
by
shinzai
on 10/12/2017, 20:10:03 UTC
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

Thank you for a clear answer Smiley

I suspected this was the case, ie that futures trading itself has no impact on the bitcoin price, but rather adds an incentive to manipulate the bitcoin price.

However, is it not just as likely for the whales to go long & manipulate the price upwards as it is downwards?

Maybe but Wall Street whales aren't going to invest a lot of money into bitcoin simply because it's too volatile. If many of them work together they could do anything they want with bitcoin's price but that would be market manipulation which is illegal.

How is such a thing proven? has there been any cases where people have been found guilty?

Because I feel in order to not bet against (& screw up) each other A LOT of whales have to come together and bet in the same direction.
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Topic
Board Tokens (Altcoins)
Re: [ANN] Jibrel Network | Traditional financial assets on-chain [Nov. 27]
by
shinzai
on 10/12/2017, 15:25:58 UTC
Hi!
What value as an investment does this token carry for investors of the ICO?
Will it increase in value from increased demand?

Is it inflationary or deflationary?

Sorry if this info alreday is clear somewhere. Began reading the whitepaper but couldn't find any info on this right away. And sadly I'm too lazy to read the whole thing atm.

Cheers


Good questions.

JNT appreciates in value as the demand for tethered tokens increased.

The Jibrel DAO needs JNT to back any tethered assets on-chain (these are also available off-chain). But for Proof of Solvency. We use JNT. So as CryDR demand increases, as does JNT.


Thanks for answering. But you didn't answer wether JNT is inflationary or deflationary. Will there be mining?

Also, another question:
As far as I understand, the main point of your project is stability, for example regarding companies raising money through ICOs. If they raise their money with jUSD instead of Ether they will significantly reduce the volatility risk. For example, not reaching the soft cap in USD even though the soft cap in Ether has been met (due to Ether price dive).

Now, bitcoin futures are soon to be launched. Maybe ether futures will follow soon. This would enable companies to hedge the ether they recieve from investors to the initial price level stated in the whitepaper.

Does that not somewhat negate the purpose of this project?



Again, a great question!

This will definitely impact the overall market share of the project. Not going to gloss over that. But the hedging market is massive.

In addition, futures will be listed on off-chain traditional exchanges. So these tools may not necessarily be available to all participants looking to hedge.
For example, converting BTC / ETH straight into FIAT is also a hedge, and will capture about 80% of hedging market. Tether, and Futures are another mechanism.


The way Jibrel does it is it used JNT as a Proof of Solvency, or gold standard - i.e. the Jibrel DAO will always match off-chain assets, with JNT on-chain, to balance against tethered token liabilities.


JNT itself is deflationary, un-mineable. - finite supply (200MN).

Thanks for the answers!
I've decided to participate in the ico.
However, every time I try to upload my passport (the image shows up) and press "next step" it says "check your connection and try again". I've tried with different picture sizes and different browsers with the same result. My internet connection is fine.

How do you propose I proceed?


EDIT: I have a few more questions.
1) Let's say I buy 1000 JNT from an exchange at a current price of for example USD 0.5 each. If I then use them immediately to buy jUSD then each JNT will give me 0.5 jUSD, ie 500 jUSD. However, if I wait a few weeks the JNT/USD price might change to $1 due to market demand and I will thus get 1000 jUSD from my 1000 JNT. Is that how it would work?
2) What happends to the JNT token afterwards? ie after I have exchanged it for CryDRs?
Post
Topic
Board Tokens (Altcoins)
Re: 🌟[ANN] [ICO LIVE] MiniApps.pro Global Chatbot Platform🌟50% BONUS 🌟
by
shinzai
on 09/12/2017, 13:47:14 UTC
Hi!
I've participated in the ico and registered an account the 27th of October. I have a confirmation email and a written down password. However, now when I try to login to miniapps.pro the login fails.

So I tried to restore my password and it says an email has been sent.. but I get no email.

Will I have to access my miniapps.pro account in order to transfer my tokens to my wallet?

How do you propose I continue?

Thank you
Post
Topic
Board Economics
Re: Bitcoin futures
by
shinzai
on 08/12/2017, 11:21:00 UTC
Thanks everyone for your contributions to the subject, but so far I have not recieved any clear answer to why the bitcoin price would be affected by bitcoin futures trading (that will be settled in fiat).

Sure, the launch of bitcoin futures is good news to bitcoin, but I've seen journalists speculating in traders shorting bitcoin etc and what effect that would have on the bitcoin price.

Why would it have any effect at all?
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Topic
Board Tokens (Altcoins)
Re: [ANN] Jibrel Network | Traditional financial assets on-chain [Nov. 27]
by
shinzai
on 08/12/2017, 10:55:06 UTC
Hi!
What value as an investment does this token carry for investors of the ICO?
Will it increase in value from increased demand?

Is it inflationary or deflationary?

Sorry if this info alreday is clear somewhere. Began reading the whitepaper but couldn't find any info on this right away. And sadly I'm too lazy to read the whole thing atm.

Cheers


Good questions.

JNT appreciates in value as the demand for tethered tokens increased.

The Jibrel DAO needs JNT to back any tethered assets on-chain (these are also available off-chain). But for Proof of Solvency. We use JNT. So as CryDR demand increases, as does JNT.


Thanks for answering. But you didn't answer wether JNT is inflationary or deflationary. Will there be mining?

Also, another question:
As far as I understand, the main point of your project is stability, for example regarding companies raising money through ICOs. If they raise their money with jUSD instead of Ether they will significantly reduce the volatility risk. For example, not reaching the soft cap in USD even though the soft cap in Ether has been met (due to Ether price dive).

Now, bitcoin futures are soon to be launched. Maybe ether futures will follow soon. This would enable companies to hedge the ether they recieve from investors to the initial price level stated in the whitepaper.

Does that not somewhat negate the purpose of this project?
Post
Topic
Board Economics
Re: Bitcoin futures
by
shinzai
on 08/12/2017, 00:02:00 UTC
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.

Hi & thanks for answering. Can you please explain the point of backing futures with a commodity if the contract is to be cash settled? Why would that be needed?

I have heard that they will be cash settled. I don’t think you would buy actual Bitcoins (or short actual Bitcoins). I don’t know how this will affect the price of actual Bitcoins but is seems that there could be potential for manipulation of the price by doing futures contracts.

This could be good or bad for Bitcoin. It’s new territory for us so we’ll find out the ramifications after the contracts are on the market.

Thx for contributing. Can you please explain how that manipulation would work if futures are settled in fiat? Do you refer to that bitcoin could be bought/sold on-chain in order to manipulate future positions? Becuase that's the only possibility I can see. I.e. not the other way around.


As far as I've come to understand, when the price moves too much in one direction then one side of the futures contract will gradually lose money on his account and eventually risk margin call. Then, if he doesnt deposit more money the exchange will forcefully liquidate his position by selling the future contract (if Long) to someone else. The losing speculator is left with nothing on his account. But he will never have to buy/sell actual bitcoins, right?

Post
Topic
Board Economics
Bitcoin futures
by
shinzai
on 07/12/2017, 18:32:18 UTC
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me Smiley
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Topic
Board Tokens (Altcoins)
Re: [ANN] Jibrel Network | Traditional financial assets on-chain [Nov. 27]
by
shinzai
on 07/12/2017, 17:20:03 UTC
Hi!
What value as an investment does this token carry for investors of the ICO?
Will it increase in value from increased demand?

Is it inflationary or deflationary?

Sorry if this info alreday is clear somewhere. Began reading the whitepaper but couldn't find any info on this right away. And sadly I'm too lazy to read the whole thing atm.

Cheers
Post
Topic
Board Speculation
Cryprocurrency survival vs governments - An omnious scenario
by
shinzai
on 04/12/2017, 18:49:06 UTC
Hi!
Let's say there comes a scenario in the future where all/most governments in the world come to agree on criminalizing the use of cryptocurrency for the sake of the survival of fiat currencies (with the inherent inflationary problems from endless money printing etc).

Governments over the world thus shut down all interfaces between crypto & fiat, ie exchanges. They also put pressure on banks to refuse fiat transfers from exchanges still in operation & companies that accept cryptocurrencies as payment.

How would crytocurrencies survive that?
Post
Topic
Board Legal
Re: Cryptocurrency regulation - pls explain
by
shinzai
on 02/12/2017, 22:21:11 UTC
Thank you all for your answers! Smiley

I have a bunch of follow-up questions:

5) Let's say I suspect SEC will see the token of an ICO as a security, and thus might go after people who invest in it (as well as the people behind the ico). How do I know if the ICO already comply with US regulations & thus can be legally safe to invest in?
6) Is there still value in launching a project as an ICO (& not as for example an IPO) if it means you have to comply with regulations?
7) Or are you maybe simply not allowed to launch a security as an ICO?
8 ) Is it likely that governments soon will try to regulate ICOs that does not fall under the security definition? (ie not just forbid them like China)
9) What dangers may I face as a non-US resident by investing in an ICO that falls under the security definition?
    a) Can & will they do anything to me?
    b) I don't pay taxes in the US, so do they really have that much interest in me then?
10) Under what circumstances may I be required to pay taxes on crypto investments in countries other than my own?
11) If a coin/token is seen as a security by my government, could that have positive effects for my taxation?

 
That's why you can see such horrible selling rates especially at local exchanges. Because government can taxed directly the investors, the one who is facing it is the exchange itself. In return, investors must deal with the current sell rate of the exchange they are using including all fees at any transactions.
12) What is a local exchange? How does it differ from others, and what are they called? Examples of local exchanges?


Wow that was more than I had planned on.. I kept on getting more questions while typing. Sorry about that Smiley


Post
Topic
Board Beginners & Help
TxFee etherscan
by
shinzai
on 02/12/2017, 18:58:49 UTC
Hi!
When you look at a transaction on etherscan it has a value & a TxFee (transaction fee).
Let's say I have received a transaction with a 4 ether value & 0.001 TxFee to my wallet.

Now, how much does my wallet gain from the transaction? 4 or 3.999 ether?

Thank you for your time Smiley
Post
Topic
Board Legal
Re: Cryptocurrency regulation - pls explain
by
shinzai
on 01/12/2017, 20:49:10 UTC
1. Regulation means that government want to controll exchange platforms and their users, as I understand. Also government want to get tax from bitcoin holders (it is different in all contries).
2. Because market is full of scamers. Look at the count of ICO project, amd 90% of it is scam. Their founders only collect money and do  nothing else.
3. Yes, it is about ICO and tokens politics. For example, in US all each projects are analysing by SEC and they dicede its mature (shares, bonds, ets)
4. Investors work on regulated marked, so they have more security and freedom. regulators also help investor to deposit only in real projects (if we are talking about ICO).

OK thanks. But regarding taxes.. doesn't most exchanges already comply with government demands of insight?

And because of that, shouldn't governments be able to tax investors on their gains already? At the very least at the moment an investor exchanges back to fiat?