Topic: [ANN] CRAVE 1st POS Masternodes | Dark Assets | I2P | Market =Embrace The Dark= - page 8. (Read 826673 times)

ty guys for explaining, its alot clearer for me now.. am i the only one excited about upcoming release or do you guys also feel the URGE? 

Correct. And another fact is that the 10k crave aren't lost, you can take them back if you want to close your market, thats what i understood.
So opening a market is not really an investisment. Anyway the profitability will depend on volume & popularity.

That is correct. But also not many people supposed to open markets anyway, 2k$ investment for a market is nothing at the moment. If you want to purchase a buy&sell website just like ebay from a developer it would be at least 20x of that investment. Even ready to use php scripts cost around 3-4k$ and they still need a lot of development. If the plan works out and the market gets some popularity, market operators will earn a lot more than stakers and MN holders for sure. But at the beginning it is expected to see not much profits. I also think (again, if the plan works out and markets get known by the sellers and buyers = big job for the community) there will be specific markets in the future such as clothing markets, digital downloadable product markets etc.

Only few guys will be able to open a market if Crave price rises since you need 10k crave to open one as a collateral. We will probably see a monopoly/duapoly because MN & stake can be more profitable if the volume is too low on this market.
At current price its about 8 btc (more than 2k$) to open a market.
And yes the market operator is supposed to be paid with fees afaik.

well this is really exciting, can't wait to get my hand onto new wallet. love the concept, definitely my favorite alt project ever.. aftermarkets release i hope ICM will bring BLUR to life, that will be also interesting  

From what I understand, vendor bond amount is determined by the market operator. So there will be a competition in that. More market operators would like to set low bond amount to lure vendors in. Also market operators will get the transaction fee they set, so there will be a competition on that too.

Let's say I opened a market with 500 CRAVE vendor bond amount and I said I would take %5 of the deals. Than olcaytu2005 comes and says the vendor bond amount in his market is only 250 CRAVE and he would only take %4 of every transaction. Competition = better service, lower prices = liberal economy.

I don't know about the insurance part but I guess it won't because market operator will pass the transaction after getting confirmation that the goods arrived. I believe as long as the locked amount is there seller is able to "sell" and put orders.

About the profitibility, only time will tell. I am hoping to see an easy to use marketplace with a cool design. As long as we spread the word and actually start to sell things ourselves, why not? I wouldn't expect a good return in one year, but as more vendors and markets are in the scene, it will (profit) definetly keep rising.

Anyway, we will understand and learn more when it releases. I am so excited.

By the way, we discussed this before but I really like the idea of having a market operator as a middleman. The trustless, "decentralized" markets doesn't fit in my logic, its just not realistic to me. There are thousands of ways abusing such a deal.


Agreed. Stake or let your mn's pay you nice income.

I just logged in to ask the exact same thing.  I'm guessing there must be a small % sale - I mean with 10,000 crave, you could set up 20 MN, which is pretty profitable even now, and even more so after price increases.

This thread have always hundreds of trolls.
Buy and hold, dont panic!

wow nice, you almost there  what do you guys think how profitable would be to run a market? i understand that market owner can set up fee and that will generate profits. will there be certain % of sales that goes to market owner? what about vendor collateral amount of 100Crave, will it belong to market owner or it will be hold as insurance against fraud? sry didn't understand that part totally 

 I am trying to buy crave for crave market. I collected 9000 crave. If i get 1000 crave more it ll happen. I ll be the first operatör in the market

i never said i could hater
ill stop wasting my time here
happy bagholding

Do not feed the trolls.

You cant even give a proper reason to validate your point that this coin is scam.

now atleast give a proper reason why you think behavior of dev is shaddy.

You should hide

I know,thank you,I'm there as KPSERVIS

You can come by to our forums: http://cravetalk.org/index.php

We are also active in slack 7/24.

yea go to that censored site where free speech is not allowed
im already banned there  

Well,Cravers

I'm done here on this fucking forum.
It's a thread full of BS,Trolls,FUD but you know what's the best???Every day my posts are deleted by a clever MODS.
So FUCK YOU FUCK YOU FUCK YOU MODS OF BITCOINTALK.
I recommend everyone including INDUSTRIALCOINMAGIC to move to https://cravecoin.slack.com
I hope this post will remain here at least a few hours.

Bye

lol the trolls

Have you seen the order book?

only 7 btc to pump the price at 150k.

Just after wallet release, it will be like kick in a rotten door

OH MY GOD EVERYBODY WHO HAS DOUBTS IS A TROLL
BLACK IS WHITE
FREEDOM IS SLAVERY
CRAVE IS JESUS CHRIST

u feed me well with your dumb paroles ive read 100 times