[ANN] [ICO LIVE]◄ ♛ 🔥 Shift your car title into cash. 🔥 ♛ - page 30.

Inskchen

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Activity: 378

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Quote from: ?? on ??

Quote from: iputnikov on February 18, 2018, 12:54:50 AM

A huge project, I'm not sure that it will be possible to run the project right away in many countries and on all continents. Maybe it will be launched only on one, and then the others will be added?

You have a point. It is really hard to lunch a big project instanly to all countries in the world. To do that you need a big budget to invest more. They maybe going to lunched it one by one until it is available to all countries.

I think any business dreams of world domination, but it seems to me the attraction of new employees is very hard work. New employees will have access to databases and this is a problem since they can take advantage of this for their own purposes.

Doctor-Coin

full member

Activity: 378

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Quote from: iputnikov on February 18, 2018, 12:54:50 AM

A huge project, I'm not sure that it will be possible to run the project right away in many countries and on all continents. Maybe it will be launched only on one, and then the others will be added?

ıf you follow their roadmap in their website they already set a plan for Q1-2018 which countries are include in their loan program. Surely there will be many other countries that still can not be a part of this project, but after they launch and the project gain success then I am sure the other countries are going to be add one by one depending on agreements with governments.

UpsilonTrooper

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Activity: 504

Merit: 20

Quote from: DassKass on February 17, 2018, 08:22:45 PM

I haven't seen yet that any coins have their own page on Instagram. What are your goals there?

What's even the use lmao Grin

Like Insta is a page for sharing pics and shit, tf are coins going to share. Doubt they have many graphic either so it's probably gonna be inactive

iputnikov

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Activity: 182

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A huge project, I'm not sure that it will be possible to run the project right away in many countries and on all continents. Maybe it will be launched only on one, and then the others will be added?

Prk_7

newbie

Activity: 182

Merit: 0

Quote from: Superturacoin on February 17, 2018, 03:46:41 PM

Quote from: Arvilaine on February 17, 2018, 02:52:30 PM

Quote from: S1imple76 on February 17, 2018, 06:46:43 AM

One million projects about loans...

This is quite different though, there will be a tangible asset that involves which will be used as a collateral and there is cash unlike other projects that only talks about pure digital loan.

Yeah and this is why they need to have a partnership with the local community. Their idea is good but the hindrance is quite difficult due to some legal issues if they wanted to cross the country. Well, I hope the team can find a solution with this problem.

Exactly, they have a great Vision but there will be hiccups due to legal issues, different countries have different regulations and accordingly they'll have to shape up the platform. It'll be interesting to see how they solve this problem.

Dr.Sponge

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Activity: 616

Merit: 10

Quote from: DassKass on February 17, 2018, 08:22:45 PM

I haven't seen yet that any coins have their own page on Instagram. What are your goals there?

Their goal is, making a new car rental which has uniqueness by having their own blockchain technology and Artifical Intelligence to processing loan.

MikesLeo

newbie

Activity: 196

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Quote from: Superturacoin on February 17, 2018, 03:46:41 PM

Quote from: Arvilaine on February 17, 2018, 02:52:30 PM

Quote from: S1imple76 on February 17, 2018, 06:46:43 AM

One million projects about loans...

This is quite different though, there will be a tangible asset that involves which will be used as a collateral and there is cash unlike other projects that only talks about pure digital loan.

Yeah and this is why they need to have a partnership with the local community. Their idea is good but the hindrance is quite difficult due to some legal issues if they wanted to cross the country. Well, I hope the team can find a solution with this problem.

Such partnerships with the local community gives a better advertising which could even get clients in a smart way through paper also we can easily deal with the people who are people beside us where their good will could be in our hands.

DassKass

newbie

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I haven't seen yet that any coins have their own page on Instagram. What are your goals there?

steampunkz

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Merit: 268

50% bonus on your First Topup

Quote from: LoverlyRomeos on February 17, 2018, 05:16:40 PM

Quote from: negancoin on February 17, 2018, 04:56:18 PM

Quote from: melch100 on February 17, 2018, 08:29:29 AM

Quote from: negancoin on February 16, 2018, 06:19:19 PM

Quote from: Doctor-Coin on February 16, 2018, 02:53:20 AM

Quote from: UpsilonTrooper on February 16, 2018, 02:02:15 AM

That just increases the centralisation of this project and at that point you might aswell you know go to a bank and take a proper loan in fiat instead

why centralisation? The Ambassadors are just going to check and verify the documents (they should be also experienced one like insurance agents...) I do not think this will gonna centralised this project...

This project can't work without centralized !!! we are talking about using a physical items, so it can't be secure without working under law and getting licences from regional governments, they have regional Databases to allows to full access to car's evaluation. It's not a digital goods that can be handle only in digital world.

I have also the same thoughts, I am thinking how this project will become successful if they will not have many local offices in different parts of the world. Looking forward for more developments here.

If you check the roadmap you will find out that in Q1 2018, it's stage of preparing a technical infrastructure for launching in the US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan. So they will have local offices in these countries which I think it picked up carefully when I look at the list, people in those countries use cars a lot.

How can you say people in those countries only use cars a lot do you have any traffic data ? is SHIFTcash is limited to only US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan as per your understanding.

The point for that is they are only making plans in the roadmap. But we cannot guarantee even if the ICO is successful there are some people says that this is a similar project that collected big amounts of millions and then disappears.

LoverlyRomeos

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Quote from: negancoin on February 17, 2018, 04:56:18 PM

Quote from: melch100 on February 17, 2018, 08:29:29 AM

Quote from: negancoin on February 16, 2018, 06:19:19 PM

Quote from: Doctor-Coin on February 16, 2018, 02:53:20 AM

Quote from: UpsilonTrooper on February 16, 2018, 02:02:15 AM

That just increases the centralisation of this project and at that point you might aswell you know go to a bank and take a proper loan in fiat instead

why centralisation? The Ambassadors are just going to check and verify the documents (they should be also experienced one like insurance agents...) I do not think this will gonna centralised this project...

This project can't work without centralized !!! we are talking about using a physical items, so it can't be secure without working under law and getting licences from regional governments, they have regional Databases to allows to full access to car's evaluation. It's not a digital goods that can be handle only in digital world.

I have also the same thoughts, I am thinking how this project will become successful if they will not have many local offices in different parts of the world. Looking forward for more developments here.

If you check the roadmap you will find out that in Q1 2018, it's stage of preparing a technical infrastructure for launching in the US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan. So they will have local offices in these countries which I think it picked up carefully when I look at the list, people in those countries use cars a lot.

How can you say people in those countries only use cars a lot do you have any traffic data ? is SHIFTcash is limited to only US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan as per your understanding.

negancoin

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Activity: 560

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Quote from: melch100 on February 17, 2018, 08:29:29 AM

Quote from: negancoin on February 16, 2018, 06:19:19 PM

Quote from: Doctor-Coin on February 16, 2018, 02:53:20 AM

Quote from: UpsilonTrooper on February 16, 2018, 02:02:15 AM

That just increases the centralisation of this project and at that point you might aswell you know go to a bank and take a proper loan in fiat instead

why centralisation? The Ambassadors are just going to check and verify the documents (they should be also experienced one like insurance agents...) I do not think this will gonna centralised this project...

This project can't work without centralized !!! we are talking about using a physical items, so it can't be secure without working under law and getting licences from regional governments, they have regional Databases to allows to full access to car's evaluation. It's not a digital goods that can be handle only in digital world.

I have also the same thoughts, I am thinking how this project will become successful if they will not have many local offices in different parts of the world. Looking forward for more developments here.

If you check the roadmap you will find out that in Q1 2018, it's stage of preparing a technical infrastructure for launching in the US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan. So they will have local offices in these countries which I think it picked up carefully when I look at the list, people in those countries use cars a lot.

Mikwik

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Activity: 518

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Quote from: frenkelebre on February 17, 2018, 03:50:23 PM

Quote from: ?? on ??

Quote from: Scor1937 on February 12, 2018, 10:19:46 AM

Quote from: UpsilonTrooper on February 12, 2018, 09:29:33 AM

Quote from: melch100 on February 12, 2018, 08:38:40 AM

Quote from: Doctor-Coin on February 05, 2018, 09:47:42 PM

Quote from: contractus325 on February 04, 2018, 06:41:01 PM

Quote from: negancoin on February 04, 2018, 05:32:07 PM

since a lots here are finding some difficulty in understanding the way shift works, I'm going to explain what I learnt.
- Shift cash will have local office in countries where the service provided, and you can go to their office and verify your account immediately and get a plastic card SHIFT.cash that allows to widthdraw money form any ATM
(this process can be done online but it will take time).
- loan will be no greater than 35% of its market value ( car ) which reduces the risk for the Investor.
for example : if a car worth $10,000, you can get only $3500 loan.
As Borrower, if you dodn't pay back, shift cash will sell the debt to the relevant collection agencies.

Thanks to the fact that you wrote it, it certainly helped me to understand this and many people probably too. It is a pity that it did not appear in the past but it's good that it will certainly help investors.

I thought u get the payment in crypto and not in fiat ? Did I miss something? And we all see now the fluctuation in the crypto market. How the borrowers and investors can really trust the market and start this kind of business ?

As I have read, yeah we will get the payment in crypto. I am just wondering what will happen if the shift cash tokens price dropped drastically. How can we recover again?

That's good for you then, the entire point is you're suppose to short the shiftcash for fiat cash. Buy the shiftcash when you're done. A drop in price is good for you

Yes, you can actually swap your shiftcash to fiat currency and it makes trading and getting loans more easy and affordable. This project is really different and hopefully it should have a good future considering its benefits and ability to work for the betterment.

But will the process time of converting their coin to fiat is fast and reliable? I've seen many problems related to how the conversion of crypto to fiat has some additional fees and slow process which is not a good thing for users wanting to have a fiat money out of their investment and loans of this crypto.

Exactly. In addition to that, how much will be the conversion cost from this coin to fiat? And how many days will it be processed? What if the number of users will increase drastically, will the server be able to handle huge traffics? These are the questions that I think the team dev should answer.

Proper setup is launched to handle the traffic there was two servers in place, when one is kept for out of rotation to clear the cache another server will be in rotation and we can obviously handle the traffic. Conversion cost will be less with very less time line.

hakimovic

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Quote from: frenkelebre on February 17, 2018, 03:50:23 PM

Exactly. In addition to that, how much will be the conversion cost from this coin to fiat? And how many days will it be processed? What if the number of users will increase drastically, will the server be able to handle huge traffics? These are the questions that I think the team dev should answer.

The first two questions are indeed must be answered and specified for the users ,because investors nowadays are looking for the cheapest and fastest services and non of the traditional treatments . About the last one I don't think it will be a problem because as the project grow ofcourse they will find ways to handle that kind of traffic

frenkelebre

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