Hi Preshpri1nce,
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Topic: 60 Minutes Australia caught creatively editing AUSCOIN ICO interview (Read 85 times)
February 28, 2018, 12:34:34 AM
February 21, 2018, 05:44:05 AM
As for your comment about verification on these machines, Australian regulation on crypto requires all exchanges, online, ATM, in person to require ID.
February 20, 2018, 07:14:43 PM
This is why Media is shit, they don't care about anybody as long as it's good content for them! I am really looking forward about Auscoin and how is going to work it out.
To be fair, they already have a working product and still in ICO. Even if it's 4 machines still is something I guess...
Wanna see those 34 machines rolling out and expecting their next move since the ICO haven't been that successful.
People spreading too much FUD. I mean those machines are a massive benefit for everyone, in my case I can sell bitcoin without the necessity to verify account and have such a small limit 500 per day. Plus you don't need to wait for days or weeks to receive the money, in the case of coinbase, btcmarkets... It's actually very useful for me to be able to get quick cash whenever I need. The only pain is that they are too far from my place, hopefully they will place more of those ATM's around MELB
I don't understand why people say it's not necessary because "you can buy it online", I mean when you buy bitcoin, you bank transfer money and need to wait until the funds clear... and then wait for the network to get your Bitcoin to your wallet. Which is a fucking waste honestly. Takes 1-2 business days to get your bitcoin (you can't buy on Friday otherwise you are fucked until Monday). Even with Cash deposit is the same... you have to get up and do it yourself, like is the same if you go to the ATM and buy Bitcoin directly from the machine... There is no difference at all! Plus you have the security you won't get scammed. Am I the only one who see it from this point of view?
So excited to see those bad boys rolling out!
To be fair, they already have a working product and still in ICO. Even if it's 4 machines still is something I guess...
Wanna see those 34 machines rolling out and expecting their next move since the ICO haven't been that successful.
People spreading too much FUD. I mean those machines are a massive benefit for everyone, in my case I can sell bitcoin without the necessity to verify account and have such a small limit 500 per day. Plus you don't need to wait for days or weeks to receive the money, in the case of coinbase, btcmarkets... It's actually very useful for me to be able to get quick cash whenever I need. The only pain is that they are too far from my place, hopefully they will place more of those ATM's around MELB
I don't understand why people say it's not necessary because "you can buy it online", I mean when you buy bitcoin, you bank transfer money and need to wait until the funds clear... and then wait for the network to get your Bitcoin to your wallet. Which is a fucking waste honestly. Takes 1-2 business days to get your bitcoin (you can't buy on Friday otherwise you are fucked until Monday). Even with Cash deposit is the same... you have to get up and do it yourself, like is the same if you go to the ATM and buy Bitcoin directly from the machine... There is no difference at all! Plus you have the security you won't get scammed. Am I the only one who see it from this point of view?
So excited to see those bad boys rolling out!
February 20, 2018, 07:00:41 AM
Yeah 60 minutes can suck it after seeing that, couldn't of made crypto look any worse if they tried.
In saying that, I wouldn't touch auscoin with a 10 foot pole, too many red flags even if you remove 60 minutes from the picture, and I'm actually more pissed at them for being stupid enough to go on 60 minutes, remember ACAs report about it being the biggest bubble in history late last year? Ch9 have it out for crypto.
Also 44 vs 34 ATMs is a bit of a difference, lying about having a PO for 1200 machines is also a monster of a red flag.
Hopefully it all works out, would rather see success than failure, if I had 34 ATMs I would roll them out, profit, buy more and say f*ck it to an ICO.
If there was enough capacity to produce over 1000 machines quicker than the revenue brought in by the 34 they have, it wouldn't seem so bad.
Should focus on rolling out the 34 they have, only 4 out now I believe?
In saying that, I wouldn't touch auscoin with a 10 foot pole, too many red flags even if you remove 60 minutes from the picture, and I'm actually more pissed at them for being stupid enough to go on 60 minutes, remember ACAs report about it being the biggest bubble in history late last year? Ch9 have it out for crypto.
Also 44 vs 34 ATMs is a bit of a difference, lying about having a PO for 1200 machines is also a monster of a red flag.
Hopefully it all works out, would rather see success than failure, if I had 34 ATMs I would roll them out, profit, buy more and say f*ck it to an ICO.
If there was enough capacity to produce over 1000 machines quicker than the revenue brought in by the 34 they have, it wouldn't seem so bad.
Should focus on rolling out the 34 they have, only 4 out now I believe?
February 19, 2018, 08:18:39 PM
Interesting behind the scenes for anyone who has been following the AUSCOIN ICO in Australia.
I know the media tends to 'creatively edit' to sensationalise their story, but they really haven't given the AUSCOIN guys a fair go here. I guess the AUSCOIN guys may have suspected this when asked for an interview and made sure they got plenty of footage behind the scenes just in case ...
https://www.youtube.com/watch?v=wQDBuhTHfQU
I know the media tends to 'creatively edit' to sensationalise their story, but they really haven't given the AUSCOIN guys a fair go here. I guess the AUSCOIN guys may have suspected this when asked for an interview and made sure they got plenty of footage behind the scenes just in case ...
https://www.youtube.com/watch?v=wQDBuhTHfQU
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