[ANN] PayPie - Blockchain-Powered Risk Assessment - page 213.

cantdecide

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Activity: 336

Merit: 112

Quote from: toolucky98 on September 05, 2017, 04:30:24 AM

Quote from: cantdecide on September 05, 2017, 04:13:49 AM

Quote from: the_donald on September 05, 2017, 03:43:14 AM

Quote from: chichidori on September 05, 2017, 02:37:49 AM

If its a stable currency and no volatility how one can expect a profit if 1:1 ratio will be applied, but the system to be accepted by different program is a good innovation by the devs.

That's what I'm thinking, this really cuts down on speculation which may turn off perspective investors.

It can be good, it can be bad. Some people are looking for more stable income. If you buy "certificate of indebtedness" on the market and make money with it, because you buy it with an discount, you still generate more money, but you don't have of course the chances that your tokens go up in price.

Yes, but if im not mistaken, if you want that price up chances, you can trade it into PPP token again.

PPP isn't the in-market token, right? Well then you also have a chance to get more money back.

Jay2408

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Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Wapinter on September 04, 2017, 06:30:51 PM

Quote from: toolucky98 on September 04, 2017, 06:08:45 PM

Quote from: Rigorous on September 04, 2017, 05:31:07 PM

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

Whoa , chill man, its not there in my whitepaper.
When did you download it? i think mine is the old version, because i didnt check if there was an update for the whitepaper.

Edited : Yes , yours is the latest, mine was only 582 kb, sorry for the misunderstanding.

Please note that Paypie Whitepaper has been updated and latest version is available on Paypie website http://paypie.com

OP will soon be updated with latest one

Thank you, good to know that there's an updated version, I was already wondering...

Could you please inform which parts of the WP has been updated, otherwise one has to doublecheck the whole WP?

toolucky98

full member

Activity: 490

Merit: 100

Quote from: cantdecide on September 05, 2017, 04:13:49 AM

Quote from: the_donald on September 05, 2017, 03:43:14 AM

Quote from: chichidori on September 05, 2017, 02:37:49 AM

If its a stable currency and no volatility how one can expect a profit if 1:1 ratio will be applied, but the system to be accepted by different program is a good innovation by the devs.

That's what I'm thinking, this really cuts down on speculation which may turn off perspective investors.

It can be good, it can be bad. Some people are looking for more stable income. If you buy "certificate of indebtedness" on the market and make money with it, because you buy it with an discount, you still generate more money, but you don't have of course the chances that your tokens go up in price.

Yes, but if im not mistaken, if you want that price up chances, you can trade it into PPP token again.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: the_donald on September 05, 2017, 03:43:14 AM

Quote from: chichidori on September 05, 2017, 02:37:49 AM

If its a stable currency and no volatility how one can expect a profit if 1:1 ratio will be applied, but the system to be accepted by different program is a good innovation by the devs.

That's what I'm thinking, this really cuts down on speculation which may turn off perspective investors.

It can be good, it can be bad. Some people are looking for more stable income. If you buy "certificate of indebtedness" on the market and make money with it, because you buy it with an discount, you still generate more money, but you don't have of course the chances that your tokens go up in price.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: pynetx on September 05, 2017, 03:45:18 AM

Quote from: cleygaux on September 05, 2017, 03:09:27 AM

Looks like this is a very interesting project, solving some problems in accounting specially conducting auditing in some business firms and to avoid data manipulation resulting into fraud I hope this team will totally solve this problems using blockchain technology.

yeah, a combination of credit score and accounting platforms in one piece of product. I have high hopes for this one.

I have high hopes also.

The only concern is they are very discreet right now. Maybe they don't want to have a copycat before the ico, maybe they are just trying to prepare their demo or maybe they are just meeting private investors. Millions of thing can be happening right now, but for us we have lots of question waiting for answer.

Still too much time for ico, and i believe at some point they will stop being discreet

pynetx

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Activity: 798

Merit: 262

Quote from: cleygaux on September 05, 2017, 03:09:27 AM

Looks like this is a very interesting project, solving some problems in accounting specially conducting auditing in some business firms and to avoid data manipulation resulting into fraud I hope this team will totally solve this problems using blockchain technology.

yeah, a combination of credit score and accounting platforms in one piece of product. I have high hopes for this one.

jonnytracker

sr. member

Activity: 672

Merit: 261

The world’s first decentralized accounting platform built on the Ethereum blockchain seems like another advance contract build on ethereum.. ethereum contracts adoption is increasing could be another sign for price boom.. time to collect more ethereum before it becomes the next bitcoin Grin

the_donald

full member

Activity: 588

Merit: 100

Quote from: chichidori on September 05, 2017, 02:37:49 AM

If its a stable currency and no volatility how one can expect a profit if 1:1 ratio will be applied, but the system to be accepted by different program is a good innovation by the devs.

That's what I'm thinking, this really cuts down on speculation which may turn off perspective investors.

cleygaux

sr. member

Activity: 656

Merit: 250

Looks like this is a very interesting project, solving some problems in accounting specially conducting auditing in some business firms and to avoid data manipulation resulting into fraud I hope this team will totally solve this problems using blockchain technology.

lvsca

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Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: levyashin on September 05, 2017, 02:00:59 AM

Quote from: cantdecide on September 05, 2017, 01:46:26 AM

Quote from: BTCBusinessConsult on September 04, 2017, 08:12:34 PM

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

Hi Guys. Think of the PPP token ( whatever they choose to call it in the platform) being pegged to a major currency like the USDTether coin. No matter what the Bitcoin price does, 1 USDTether coin is ALWAYS worth 1 USD.

The PPP token that is used internally will be used the same way. This is in order to facilitate the transfer of funds between the "buyer" and "seller" in the platform. So there will be no volatility.

Example: Lets say you use the platform and somebody gets the equiv of $10,000 in BTC. If it took 1 week for them to get the $10k in BTC, the price could have fallen or risen by the time they "Cash Out". By using their internal token that is ALWAYS tied 1:1 with the USD, the receiver of the tokens could wait 8 months, and they would still have EXACTLY $10k worth of "tokens".

I hope this helps you out in understanding how the process will work.

Edit: I am NOT part of the PayPie team, but I will be HUGE investor when this (PRE) ICO goes live. Also note to Devs, as my name implies, I am more than happy to offer services as a point of contact for a very reasonable fee

That's an interesting System and a stable currency is probably the best for such a market, but on the other side, if someone would let money lay around there he would lose a bit of value of money to the inflation.

What will happen if you buy some certificates of indebtedness and the company linked to it will not pay the money? You lose all or you will need to take someone to the court? Cry

If this is the case, no he won't. he will always same amount of $.

We are thinking always bitcoin will gain more value, but it's not always the case.

But i'm not sure it will be like usdtether. We will be informed near the ico i guess.

if this token pegged with FIAT (USD), value will not volatile. i talk about value of this token, if this token has more value, it will better than pegged this token price.
but, if pegged with FIAT and token price in market is higher than on platform, it more valuable. it will give us more profit, right? Grin

Buchi-88

legendary

Activity: 3976

Merit: 2639

Quote from: haxllega on September 03, 2017, 12:47:15 PM

Quote from: Buchi-88 on September 03, 2017, 10:36:04 AM

@Team yo also have a German Thread and Whitepaper?

Yes, they have ANN thread in German.
But no German whitepaper!
https://bitcointalksearch.org/topic/ann-ico-paypie-weltweit-erste-buchhaltungs-plattform-auf-blockchainbasis-2127789

thank you for the information, i will read the german thread Wink

and i hope for a release for a German Whitepaper the english Whitepaper is very detailed Wink

chichidori

legendary

Activity: 1694

Merit: 1003

If its a stable currency and no volatility how one can expect a profit if 1:1 ratio will be applied, but the system to be accepted by different program is a good innovation by the devs.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: cantdecide on September 05, 2017, 01:46:26 AM

Quote from: BTCBusinessConsult on September 04, 2017, 08:12:34 PM

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

Hi Guys. Think of the PPP token ( whatever they choose to call it in the platform) being pegged to a major currency like the USDTether coin. No matter what the Bitcoin price does, 1 USDTether coin is ALWAYS worth 1 USD.

The PPP token that is used internally will be used the same way. This is in order to facilitate the transfer of funds between the "buyer" and "seller" in the platform. So there will be no volatility.

Example: Lets say you use the platform and somebody gets the equiv of $10,000 in BTC. If it took 1 week for them to get the $10k in BTC, the price could have fallen or risen by the time they "Cash Out". By using their internal token that is ALWAYS tied 1:1 with the USD, the receiver of the tokens could wait 8 months, and they would still have EXACTLY $10k worth of "tokens".

I hope this helps you out in understanding how the process will work.

Edit: I am NOT part of the PayPie team, but I will be HUGE investor when this (PRE) ICO goes live. Also note to Devs, as my name implies, I am more than happy to offer services as a point of contact for a very reasonable fee

That's an interesting System and a stable currency is probably the best for such a market, but on the other side, if someone would let money lay around there he would lose a bit of value of money to the inflation.

What will happen if you buy some certificates of indebtedness and the company linked to it will not pay the money? You lose all or you will need to take someone to the court? Cry

If this is the case, no he won't. he will always same amount of $.

We are thinking always bitcoin will gain more value, but it's not always the case.

But i'm not sure it will be like usdtether. We will be informed near the ico i guess.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: BTCBusinessConsult on September 04, 2017, 08:12:34 PM

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

Hi Guys. Think of the PPP token ( whatever they choose to call it in the platform) being pegged to a major currency like the USDTether coin. No matter what the Bitcoin price does, 1 USDTether coin is ALWAYS worth 1 USD.

The PPP token that is used internally will be used the same way. This is in order to facilitate the transfer of funds between the "buyer" and "seller" in the platform. So there will be no volatility.

Example: Lets say you use the platform and somebody gets the equiv of $10,000 in BTC. If it took 1 week for them to get the $10k in BTC, the price could have fallen or risen by the time they "Cash Out". By using their internal token that is ALWAYS tied 1:1 with the USD, the receiver of the tokens could wait 8 months, and they would still have EXACTLY $10k worth of "tokens".

I hope this helps you out in understanding how the process will work.

Edit: I am NOT part of the PayPie team, but I will be HUGE investor when this (PRE) ICO goes live. Also note to Devs, as my name implies, I am more than happy to offer services as a point of contact for a very reasonable fee

That's an interesting System and a stable currency is probably the best for such a market, but on the other side, if someone would let money lay around there he would lose a bit of value of money to the inflation.

What will happen if you buy some certificates of indebtedness and the company linked to it will not pay the money? You lose all or you will need to take someone to the court? Cry

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Frickeladm on September 05, 2017, 01:35:46 AM

I think a lot of posters here already asked for a more simplified presentation like a inforgraphic or a short youtube video. Would this be possible?

They will. Give them some time. Meanwhile you can check Slickpie which is the centralized version of Paypie.

Frickeladm

jr. member

Activity: 182

Merit: 1

I think a lot of posters here already asked for a more simplified presentation like a inforgraphic or a short youtube video. Would this be possible?

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: bitsurfer2014 on September 04, 2017, 05:52:40 PM

Quote from: Mistafreeze on September 04, 2017, 04:54:44 PM

There slackpie software has thousands of existing clients and they will aggresivly market paypie to them.Cool idea.I think Paypie going to be bigger than Populous

Initially, PAYPIE platform will not only connect to Slickpie but it will also connect to other well known accounting software such as SAGE,QuickBooks Online, Netsuite..etc.

That's an amazing aspect of this project. Compatibility with other well-existing products. It will be a hit.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: BTCBusinessConsult on September 04, 2017, 08:12:34 PM

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

Hi Guys. Think of the PPP token ( whatever they choose to call it in the platform) being pegged to a major currency like the USDTether coin. No matter what the Bitcoin price does, 1 USDTether coin is ALWAYS worth 1 USD.

The PPP token that is used internally will be used the same way. This is in order to facilitate the transfer of funds between the "buyer" and "seller" in the platform. So there will be no volatility.

Example: Lets say you use the platform and somebody gets the equiv of $10,000 in BTC. If it took 1 week for them to get the $10k in BTC, the price could have fallen or risen by the time they "Cash Out". By using their internal token that is ALWAYS tied 1:1 with the USD, the receiver of the tokens could wait 8 months, and they would still have EXACTLY $10k worth of "tokens".

I hope this helps you out in understanding how the process will work.

Edit: I am NOT part of the PayPie team, but I will be HUGE investor when this (PRE) ICO goes live. Also note to Devs, as my name implies, I am more than happy to offer services as a point of contact for a very reasonable fee

Oh wonderful, a way for your money not to lose the value when transferring currencies, this will help the internal platform to send money or even help automate the disposition of money in token form, when the algorithm analyzes the data, depending on the results, one can programming to send a certain amount at certain times, and if we use a speculative token, then that amount could have lost its value when the analysis and data collection is done, so using an alternative is a good solution Cheesy

.

belechau

full member

Activity: 686

Merit: 100

Congratulations on the comment, informative, and will allow us to invest, knowing the real value of this investment, relying on something that does not fluctuate or fluctuate is really cool and inviting. Além de mostrar conhecimento no segmento.

BTCBusinessConsult

sr. member

Activity: 546

Merit: 250

Active Trading on EPIC5k and Spectre.Ai

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

Hi Guys. Think of the PPP token ( whatever they choose to call it in the platform) being pegged to a major currency like the USDTether coin. No matter what the Bitcoin price does, 1 USDTether coin is ALWAYS worth 1 USD.

The PPP token that is used internally will be used the same way. This is in order to facilitate the transfer of funds between the "buyer" and "seller" in the platform. So there will be no volatility.

Example: Lets say you use the platform and somebody gets the equiv of $10,000 in BTC. If it took 1 week for them to get the $10k in BTC, the price could have fallen or risen by the time they "Cash Out". By using their internal token that is ALWAYS tied 1:1 with the USD, the receiver of the tokens could wait 8 months, and they would still have EXACTLY $10k worth of "tokens".

I hope this helps you out in understanding how the process will work.

Edit: I am NOT part of the PayPie team, but I will be HUGE investor when this (PRE) ICO goes live. Also note to Devs, as my name implies, I am more than happy to offer services as a point of contact for a very reasonable fee

Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 213. (Read 109500 times)