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Topic: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation - page 38. (Read 105036 times)

member
Activity: 91
Merit: 10
I still don't see how crypto is involved in ths. Sounds like a kickstarter campaign to grow and sell bananas. Are the buyers buying the bananas with bananacoins? What is the fundamental reason for someone owning bananacoins? Do they own a share of the new banana plantation and get dividends or something? Again... what does crypto have anything to do with this?

Bananocoin is essentially an option, and the owner will make a profit when we sell real bananas. crypto-currencies are needed to raise funds and pay profits to our investors in the future.

So the total profit from the sales are distributed amongst all the bananacoins holders? And they are distributed as what? More bananacoins? And where do they come from? you buy them from the exchange?

the original concept of profit looks like the reverse repurchase of tokens from exchanges (so that you put the desired profit)

So essentially its a one time promise to repurchase tokens from the exchange after the sale of the first harvest (8 months)? And I'm guessing the token has no value after that? All I'm seeing on the whitepaper and business plan is a lot of smoke and mirrors about bananas being a cool fruit. There is no technical explanation about how bananacoins prices are going to be pegged to the international market rates for Bananas. In all honesty, it looks like a scam. Its essentially saying: Hey fools, gimme your money so I can make bananas and sell them. In exchange for your money, I will give you bananacoins that I will make from the air... and you can hold on to them. 8 months later I promise to buy a bunch of bananacoins with the money I make and you should be very happy about that.

Am I missing something here?  Roll Eyes

Boy, this is the first time I've ever been in this thread and I do not understand everything myself. However, here I can tell you something. There is a kind of tokens, like credit tokens. In such projects, investors, as it were, lend developers money with a promise to buy back the tokens

Its a complete scam if you know what to look for. They are just beating around the bush when you ask the real questions. There will always be fools who fall for the buzz words.

Imagine I want to assemble a gaming PC and sell it on ebay. I make a coin called GamingCoin (GC). It costs me 1000 USD to make the gaming pc, so I start an "ICO" and gave away 1000 GC to 1000 people. So everyone now bought a GC for 1 USD. Now I sell the machine on ebay for 2000 USD. I make 1000 USD profit. Now imagine I go to the exchange and put up a buy wall of GC for 1000 USD @ 2 USD per GC. So that means its a buy wall for 500 GC. But remember there is 1000 GC in the market.

Now I have to be insane to sacrifice my profits to buy 500 GC for 2 USD each. I basically am back to where I started with nothing in my pockets and add to that 500 people holding a bag. If the math doesnt doesnt work for computers, it doesnt work for bananas either. All the bells and whistles about banana prices and fruit industry and shit is just for the "I know what I'm doing" look.

In other words... 
S C A M


Wow, man, you're too aggressive. It seems to me that the developers have already demonstrated everything they could to start trusting them

And what does "too aggressive" mean? Its simple math. The business model projected on the whitepaper and website does not add up even if you trust them. This is what classic scams look like... a bunch of accounts repeatedly posting bot like messages to drown relevant comments so people don't find them, etc But dont you worry... I will be on the last page always  Cool
full member
Activity: 196
Merit: 100
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)
many china people buy banana everyday. Bananas are China's most imported fruit. you can search it on google
sr. member
Activity: 329
Merit: 250
But then again, I repeat, the developers have not yet solved the problem of delivery, so the possibility so far is purely theoretical
hero member
Activity: 728
Merit: 500
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?

No, the developers do offer this

I think it's very interesting. Of course, I would not exchange all the tokens for bananas, but the part - why not?
sr. member
Activity: 329
Merit: 250
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?

No, the developers do offer this

Well, I do not think that someone will agree to this

You are very mistaken)
sr. member
Activity: 602
Merit: 252
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?

No, the developers do offer this

Well, I do not think that someone will agree to this
sr. member
Activity: 329
Merit: 250
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?

No, the developers do offer this
sr. member
Activity: 476
Merit: 250
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Come on, it's a joke, is not it?
sr. member
Activity: 602
Merit: 252
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

Well, I'm still not completely out of my mind
sr. member
Activity: 329
Merit: 250
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)

May be. But the delivery questions, to my knowledge, have not been resolved?
hero member
Activity: 728
Merit: 500
By the way, the developers offer the opportunity to take profits by bananas, no one is going to use it?)
sr. member
Activity: 329
Merit: 250
I look forward to the launch of ICO. I invested in the pre-ICO stage and will do the same this time

I regret that I only recently learned about this project ...

Well, you missed the bonuses. But the opportunity to participate in the project still remains
sr. member
Activity: 476
Merit: 250
I look forward to the launch of ICO. I invested in the pre-ICO stage and will do the same this time

I regret that I only recently learned about this project ...
sr. member
Activity: 329
Merit: 250
I look forward to the launch of ICO. I invested in the pre-ICO stage and will do the same this time
hero member
Activity: 728
Merit: 500
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool

Said good, dude

I just pointed the guy at his mistakes, that's all.
newbie
Activity: 19
Merit: 0
reserved , Thank you for the novelty.
sr. member
Activity: 602
Merit: 252
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool

Said good, dude
sr. member
Activity: 476
Merit: 250
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool

As I thought, these accusations are simply groundless
hero member
Activity: 728
Merit: 500
Come on, the guy just does not know the economy of the tokens. Work in zero or even at a loss to developers will only have the first season, when you need to buy back tokens. Then everything will be cool
sr. member
Activity: 329
Merit: 250
I almost from the very beginning supported this project. It's really interesting and profitable. Do not talk about it like that
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