Search content
Sort by

Showing 20 of 28 results by tokenchatkelvin
Post
Topic
Board Bitcoin Discussion
Cryptocurrency being used as a real currency to do purchase
by
tokenchatkelvin
on 13/03/2018, 07:13:34 UTC
What do you think about having cryptocurrency as a real currency in which you can do actual purchases in physical/virtual stores.
Would you be interested in TokenChat?

TokenChat is a Japanese initiative that believes in the concept of cryptocurrencies truly being a form of money, rather than a digital version of gold or gems. TokenChat does it by creating a consumer demand, enabling cryptos to be used in everyday life and stabilizing price fluctuations.

TokenChat is primarily a messaging application that enables two or more people to connect in many different ways. The chat enabled wallet application is built on the blockchain technology and is designed to connect financial services such as payments and purchases to applicable and supported cryptocurrencies.
The instant messenger, like all messenger, allows for instant sending of text, audio and video messages either in individual communication or in groups. Along with these, the following functions are also available:

•   Money transfer: Since the instant messenger is an additional layer over TokenChat wallet, users of the messenger can send and receive cryptocurrencies with their friends easily. All users have to do is select the send option in a chat, input the amount of crypto to be sent and click away! That’s easy and so simple.

•   Erasable Messages: Blockchain and decentralization is all about privacy. Keeping this in mind, TokenChat has an erasable message option. This allows users to set a defined time limit of messages to be displayed to the sender. After that, the messages will be deleted, from both sender, receiver and the blockchain ledger.

•   End-to-End Encryption: The public blockchain is all about transparency, but that doesn’t mean your conversation is available to all. TokenChat uses a unique two-stage encryption to ensure your messages are safe from prying eyes.

•   Encrypted and Decentralized Data Storage: TokenChat encrypts and stores data separately in different nodes throughout its network. This means that the data cannot be decrypted by hackers as each data piece will have its own encryption. This also adds a redundancy as even if data from several nodes is completely wiped, the original data can be rebuilt from the data on the remaining nodes.
Post
Topic
Board Bitcoin Discussion
Would cryptocurrency as a real currency be functional?
by
tokenchatkelvin
on 12/03/2018, 07:21:27 UTC
Other than companies which focuses on security and technology to improve their cryptocurrency, what do you think if cryptocurrency is a real currency? Would it be functional, effective, useful, convenient?
Post
Topic
Board Tokens (Altcoins)
Topic OP
TokenChat | Created to expand financial services applicable to cryptrocurrencies
by
tokenchatkelvin
on 07/03/2018, 05:31:46 UTC
TokenChat

This is the age of cryptos. The digital form of currencies has shook up the financial world and has taken the globe by storm. Every day, there are new cryptocurrencies being announced. Each claims to be better than the last and have a revolutionary idea. Each of the digital token or coin is marketed as the next leader in value. The whole marketing campaigns are designed to attract customers on the basis that early investment in the coins will give them great gains in value.

This leads to a very big problem: Hoarding. The coins and tokens are saved by investors and held for long periods of time. Driving force being the lust for value. A disruptive practice, this does increase the value of the coins by artificially increasing the demand to supply ratio, but it is a temporary effect. As the frenzy dies out, the market crashes and people lose a lot of money. This happens to the very best and established coins. Take February’s price drop of Bitcoin. The frenzy a couple of months back caused the price to surge immensely. Later, when the hype was over, it lost nearly half of its value.

The obvious answer to stabilizing price is to model cryptocurrencies in a manner that users and holders are encouraged to spend it. The more frequent circulation of the coin or token is-the more stable the price is and transactional cost go down.


What is TokenChat

TokenChat is a Japanese initiative that believes in the concept of cryptocurrencies truly being a form of money, rather than a digital version of gold or gems. TokenChat does it by creating a consumer demand, enabling cryptos to be used in everyday life and stabilizing price fluctuations.

Taking example of Bitcoin, we can see that there are three major problem that is stopping from mass adoption of the coin: Urgency of holding the coin, heavy transfer fee and fluctuations in value. TokenChat will break these taboos.


Why Use TokenChat

TokenChat is primarily a messaging application that enables two or more people to connect in many different ways. The chat enabled wallet application is built on the blockchain technology and is designed to connect financial services such as payments and purchases to applicable and supported cryptocurrencies.
The instant messenger, like all messenger, allows for instant sending of text, audio and video messages either in individual communication or in groups. Along with these, the following functions are also available:

•   Money transfer: Since the instant messenger is an additional layer over TokenChat wallet, users of the messenger can send and receive cryptocurrencies with their friends easily. All users have to do is select the send option in a chat, input the amount of crypto to be sent and click away! That’s easy and so simple.

•   Erasable Messages: Blockchain and decentralization is all about privacy. Keeping this in mind, TokenChat has an erasable message option. This allows users to set a defined time limit of messages to be displayed to the sender. After that, the messages will be deleted, from both sender, receiver and the blockchain ledger.

•   End-to-End Encryption: The public blockchain is all about transparency, but that doesn’t mean your conversation is available to all. TokenChat uses a unique two-stage encryption to ensure your messages are safe from prying eyes.

•   Encrypted and Decentralized Data Storage: TokenChat encrypts and stores data separately in different nodes throughout its network. This means that the data cannot be decrypted by hackers as each data piece will have its own encryption. This also adds a redundancy as even if data from several nodes is completely wiped, the original data can be rebuilt from the data on the remaining nodes.


TokenChat Token

The platform, although allows for other coins to be used in transactions, has its own coin, called the TOC. The TOC payment function is based on blockchain and has been developed to guarantee asset formation and immediate payment. There is no transfer fee involved when a payment is made.

This makes adoption of TOC a good investment for TokenChat users. The mass adoption of the tokens will help in decreasing waiting time (TOC transactions are near instantaneous), no transfer fee means more acceptance; and with widespread usage will come increased stability in the market value.

TOC are Ethereum based tokens, meaning they will piggyback on the Ethereum network. The tokens are ERC20 compliant. A total of 1.2 billion tokens will be generated in entirety. A maximum of 600 million tokens will be sold and the rest will be held in reserve. The regular sale price is 1 TOC = 0.0002 ETH.


ICO

The first Initial Coin Offering of TOC is already underway, that will last until 28 of February. The sale price during the first ICO is 1 TOC = 0.00016 ETH and an early bird discount of 20%.

The second ICO will start in 1st of March and will run till 7th. The selling price during the second ICO will be 1 TOC = 0.00018 ETH and a discount of 10% will be applicable.

After both ICOs are over, the regular exchange value will be implemented, that will naturally rise as more and more people start using TokenChat application and platform.


Investing in TOC   

The most important question any potential buyer asks is, is the ICO and token worth it?

We give you three reasons to rest your doubts:

•   The first company in crypto welcoming Japan that is licensed with Over The Counter BTC to Fiat conversion from the nation’s regulating body, Japan Financial Services (JPFSA)

•   A unique model of marketing, TokenChat will be running its Ads publically on different TV channels in the nation. This method is always avoided by other cryptocurrencies as it is expensive, yet TokenChat will do it to show there serious commitment to the project.

•   The published white paper and the underlying technology is very straight forward without any complexity. This has enabled even the most layman to understand the process and the cryptocurrency has raised $15 million without even running any kind of ad campaign.
Post
Topic
Board Altcoin Discussion
Re: Are Airdrops Profitable?
by
tokenchatkelvin
on 04/03/2018, 07:20:23 UTC
Hi everyone. I've tried participating in a couple of airdrops but haven't gotten any coins yet. For those of you who have, how do you go about making anything out of airdrops? Is it worthwhile or just the usual pump and dump?

I find that the coins received for the amount of effort isnt worth it...
Post
Topic
Board Trading Discussion
Re: Turn $10,000 into 1 Million
by
tokenchatkelvin
on 17/02/2018, 11:13:07 UTC
Although it is possible, but it is a very difficult road. Need great luck, and great ability. Well, even with $ 1000 you can do it, with bitcoin, you can achieve whatever target you want, but it takes a very hard effort.

I know a few friends who made millions already, this could be a once in a lifetime opportunity (which will not last very long once the market gets regulated)
Post
Topic
Board Trading Discussion
Re: How can one trade without losing??
by
tokenchatkelvin
on 17/02/2018, 11:03:18 UTC
its impossible to have a 100% win rate. What you need is to manage your take profit and stop loss levels + frequency of trades + win ratio.

win % x wins$ - loss % x loss$ = positive over long run is a good trader.
Post
Topic
Board Trading Discussion
Re: Is technical analysis useful?
by
tokenchatkelvin
on 17/02/2018, 10:42:35 UTC
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Yes I find that it works really well, especially supply demand zones
Post
Topic
Board Trading Discussion
Re: Checking crypto prices
by
tokenchatkelvin
on 17/02/2018, 10:22:01 UTC
94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.

I check whenever I am playing with my phone/ have nothing on hand to do
Post
Topic
Board Currency exchange
Re: Selling About 130k SGD of Bitcoins Daily at live market rate.
by
tokenchatkelvin
on 17/02/2018, 10:06:17 UTC
why not just buy BTC from exchanges?
Post
Topic
Board Speculation (Altcoins)
Re: Are there any transport related coins
by
tokenchatkelvin
on 17/02/2018, 08:14:31 UTC
i know only cartaxi, ico from russia.
there is still much to do with transportation, I missed it.
does this help? hopefully


wow u mean use coins for daily commute? that will be awesome
Post
Topic
Board Speculation (Altcoins)
Re: Litecoin $ 1.000,00 this year
by
tokenchatkelvin
on 17/02/2018, 07:34:30 UTC
Yes... I believe on this coin... confiable, strong, present in all big Exchanges... good news everytime...
2018 wil be the year of Litecoin.
A target of 1.000,00 is very real... also all marketcap cryptos will target around 2~3 trillions this year.
And... rumors that facebook could partner with it.


aside from rumours, how can this coin surpass ethereum in terms of utility?
Post
Topic
Board Speculation (Altcoins)
Re: Which coin now you think had a good future
by
tokenchatkelvin
on 17/02/2018, 04:47:55 UTC
Like the title, what coins do you think will have a good future because now it's a lot of coins and not a few of those coins that fail
What do you think ?
What coin do you think will have good future ?

If you worry about coin future, just stick with BTC and ETH
Post
Topic
Board Altcoin Discussion
Re: Super telegram bot - free
by
tokenchatkelvin
on 17/02/2018, 04:40:24 UTC
this is a great automation idea but man it's gonna soak up tonnes of mobile data...
Post
Topic
Board Altcoin Discussion
Re: what is your plan?
by
tokenchatkelvin
on 17/02/2018, 04:09:06 UTC
By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?

Personally i'd just like to own my own home, after that i would just play with spare change.

or you can cash out your original investment, and leave the remaining to reach the moon - get on with your life in the meantime. If it doesnt hit the moon, you still have your life. If you cash out everything, you also have no chance to hit the moon
Post
Topic
Board Altcoin Discussion
Re: I lost over 80k because i sold too early (newbie mistake)
by
tokenchatkelvin
on 17/02/2018, 03:47:57 UTC


It is the first and foremost lesson of crypto! Hold so long as you can! If you try to gains fast profit, you should be ready for such things. I agree that you could not lost anything, but just missed one of chances
[/quote]

safer to buy when there is blood on the streets, ie. when fear is the greatest. But that wait requires patience...
Post
Topic
Board Speculation (Altcoins)
Re: Best ICO for August
by
tokenchatkelvin
on 16/02/2018, 16:09:32 UTC
For now the best ICO, in my opinion, is ico NEVERDIE and NEXUS, I see in both projects have a very good project.

what about Rock Token?
Post
Topic
Board Speculation (Altcoins)
Re: Is hodling alts dangerous?
by
tokenchatkelvin
on 16/02/2018, 15:42:13 UTC
I don't find holding of altcoins to be dangerous, because among the entire altcoins listed on coinmarketcap very few grew while bitcoin was declining in value. But now as the price of bitcoin has started to increase, most of the altcoins too started to increase. This confirms profit on holding of altcoins.

I think it is easier to trade than to apply a warren buffet mindset with crypto, because the market is still in its infancy and anything could happen. Whereas stocks is a developed market so people "buy and hold".
Post
Topic
Board Speculation (Altcoins)
Re: ETHEREUM WILL WORTH $10000
by
tokenchatkelvin
on 16/02/2018, 15:26:50 UTC
It's possible but I think for this year ETH will hit $5k only.

no idea why ETH is only trading at around 10% of BTC, wonder what can close the gap?
Post
Topic
Board Speculation (Altcoins)
Re: Future of altcoins without Bitcoin
by
tokenchatkelvin
on 16/02/2018, 15:09:52 UTC
It is possible that other altcoins wouldn't also survive if bitcoin will disappear. More like the investors will not trust any transactions in the crypto world if bitcoin just crashes.

BTC is like the USD of fiat, with ETH lagging behind.

A more likely scenario is ETH surpassing BTC as the default crypto coin due to smart contracts. So if BTC crashes, there's a good chance ETH will remain.