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Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 24. (Read 109500 times)

legendary
Activity: 1764
Merit: 1012
... etherdelta is a very risky place after the hack.

I think it's the opposite. They surely have learned from their (probably stupid) mistake.

It is not the stupid mistake i can't accept it is their behavior after it. Not an apology, accepting hack only 1 day later. Not compensating people lost their money because of their impotence. And they are doing a crowdsale now. I really don't trust them anymore. Neither should you.

you all have good points folks.

do you think after delta's hack, investors would still want to use delta? i think no. not only for Paypie's investors but all other investors to other ico, 

Actually, the thing is they have the same volume before hack and now. People just don't care.

At least i hope they are using different wallet for etherdelta transactions.
sr. member
Activity: 518
Merit: 251
... etherdelta is a very risky place after the hack.

I think it's the opposite. They surely have learned from their (probably stupid) mistake.

It is not the stupid mistake i can't accept it is their behavior after it. Not an apology, accepting hack only 1 day later. Not compensating people lost their money because of their impotence. And they are doing a crowdsale now. I really don't trust them anymore. Neither should you.

you all have good points folks.

do you think after delta's hack, investors would still want to use delta? i think no. not only for Paypie's investors but all other investors to other ico, 
legendary
Activity: 1764
Merit: 1012
... etherdelta is a very risky place after the hack.

I think it's the opposite. They surely have learned from their (probably stupid) mistake.

It is not the stupid mistake i can't accept it is their behavior after it. Not an apology, accepting hack only 1 day later. Not compensating people lost their money because of their impotence. And they are doing a crowdsale now. I really don't trust them anymore. Neither should you.
sr. member
Activity: 390
Merit: 250
into the clusterfuck
... etherdelta is a very risky place after the hack.

I think it's the opposite. They surely have learned from their (probably stupid) mistake.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Looking the official response we can expect exchanges after the platform is ready and will be running. They are only focusing on their platform right now.


hi, did they already relesed their platform? if not when will this be happening? and there will be no doubt that once the platform be released there will be going to the moon. but i hope they will also be planning something for a bigger exchange. delta is too small for this project.

They only shared two screenshots from their programs alpha. I don't know when it will be ready but i think they will contact with exchanges after that.
I think the thave taken the right decision, is time to focus on the platform and once the work is finish then they should try to be in other exchanges.

I am not sure about that. If it was some other exchange i can accept your view but etherdelta is a very risky place after the hack. So making it the only adress for trade putting in danger to its community.
member
Activity: 224
Merit: 10
Looking the official response we can expect exchanges after the platform is ready and will be running. They are only focusing on their platform right now.


hi, did they already relesed their platform? if not when will this be happening? and there will be no doubt that once the platform be released there will be going to the moon. but i hope they will also be planning something for a bigger exchange. delta is too small for this project.

They only shared two screenshots from their programs alpha. I don't know when it will be ready but i think they will contact with exchanges after that.
I think the thave taken the right decision, is time to focus on the platform and once the work is finish then they should try to be in other exchanges.
legendary
Activity: 1764
Merit: 1012
Looking the official response we can expect exchanges after the platform is ready and will be running. They are only focusing on their platform right now.


hi, did they already relesed their platform? if not when will this be happening? and there will be no doubt that once the platform be released there will be going to the moon. but i hope they will also be planning something for a bigger exchange. delta is too small for this project.

They only shared two screenshots from their programs alpha. I don't know when it will be ready but i think they will contact with exchanges after that.
sr. member
Activity: 392
Merit: 250
Looking the official response we can expect exchanges after the platform is ready and will be running. They are only focusing on their platform right now.


hi, did they already relesed their platform? if not when will this be happening? and there will be no doubt that once the platform be released there will be going to the moon. but i hope they will also be planning something for a bigger exchange. delta is too small for this project.
legendary
Activity: 1764
Merit: 1012
Looking the official response we can expect exchanges after the platform is ready and will be running. They are only focusing on their platform right now.
newbie
Activity: 96
Merit: 0

Official response below, cut and paste email, removed name for privacy reasons.

Hi *****
Thanks for reaching out. PPP is a utility token that can be used for credit risk assessment and other services offered by PayPie platform.
 
Regarding your question about listing PPP on other exchanges, as PayPie tokens (PPP) are utility tokens, we as a company, cannot and will not be actively involved in discussions regarding trading tokens/ market price/ future price estimates/ exchanges. However, all measures for the platform’s development are already being taken and our team is now putting all their efforts on delivering the roadmap milestones. PayPie platform is moving forward as expected, which means it is just a matter of time until the platform’s benefits can be available to all token holders. Once the platform is ready, we will support information from exchanges if they request it.
 
Please let us know if you have any other questions.
 
Simmi
720-999 West Broadway
Vancouver, BC
V5Z 1K5
https://www.paypie.com
 
PayPie
 
full member
Activity: 490
Merit: 100
Hey guys thanks for all the excellent responses.

I email Paypie and I got to admit it was an extreme professional and well thought out email. I have heard of issues around tokens and securities and that I get now is a real issue.

All token need to be very careful they are not miss represented as security. Which makes sense other wise there is regularitity issues. Paypie is no different. So the token needs to be used as that a function of the network.

Therefor until the platform is ready and working there is no use for the token other then speculation. Which, makes it look like a security rather then a utility token. Once the platform is up and working the token can be added to exchanges as the utility has a use.

I’m guessing there is a whole heap of reasons to not make your utility look like a security. I’m not sure of the specifics however I did happen to read bittrex won’t accept any token that is being treated like a security and it is possible other exchanges have the same policy.

So if your waiting for Paypie to be added to more exchanges hold you tokens until the platform is up and working.

Thank you for the information, so you got a reply from them?
Could you quote/forward it here please?
full member
Activity: 356
Merit: 100
Hey guys thanks for all the excellent responses.

I email Paypie and I got to admit it was an extreme professional and well thought out email. I have heard of issues around tokens and securities and that I get now is a real issue.

All token need to be very careful they are not miss represented as security. Which makes sense other wise there is regularitity issues. Paypie is no different. So the token needs to be used as that a function of the network.

Therefor until the platform is ready and working there is no use for the token other then speculation. Which, makes it look like a security rather then a utility token. Once the platform is up and working the token can be added to exchanges as the utility has a use.

I’m guessing there is a whole heap of reasons to not make your utility look like a security. I’m not sure of the specifics however I did happen to read bittrex won’t accept any token that is being treated like a security and it is possible other exchanges have the same policy.

So if your waiting for Paypie to be added to more exchanges hold you tokens until the platform is up and working.


roger that ,i always wait he PPP platform ,i think the project come out will gain people eye again.
newbie
Activity: 96
Merit: 0
Hey guys thanks for all the excellent responses.

I email Paypie and I got to admit it was an extreme professional and well thought out email. I have heard of issues around tokens and securities and that I get now is a real issue.

All token need to be very careful they are not miss represented as security. Which makes sense other wise there is regularitity issues. Paypie is no different. So the token needs to be used as that a function of the network.

Therefor until the platform is ready and working there is no use for the token other then speculation. Which, makes it look like a security rather then a utility token. Once the platform is up and working the token can be added to exchanges as the utility has a use.

I’m guessing there is a whole heap of reasons to not make your utility look like a security. I’m not sure of the specifics however I did happen to read bittrex won’t accept any token that is being treated like a security and it is possible other exchanges have the same policy.

So if your waiting for Paypie to be added to more exchanges hold you tokens until the platform is up and working.
full member
Activity: 490
Merit: 100
I think maybe in january-february 2018 when the alpha version will be release, the teams will consider to add PPP in another exchange. Because this project i think very interesting, so impossible if they don't have any plan to add PPP to other exchange.
Anyone know what it costs to get listed on an exchange like HitBTC or Cryptopia ?

I assume the price (if any) is negotiated. Anything from $0 to $500K. Depending on which side needs it the most.

Hitbtc is asking the stupid amount of money. As far as i know, they want 50 btc for listing lifetime. But it can be for only little tokens which they can think they won't get enough trade fees.

Cryptopia is 4 btc last time i heard but it is really a low exchange for paypie.
We can vote for binance actually, if just they want to set it up.

I agree with you, maybe for the first we can vote on kucoin, although binance more bigger than kucoin but this is for the first step so that we can get more volume trading and more people know about paypie
Yeah, kucoin can also give a decent volume.
Im really wondering what they think about the exchange listing, there is no answer at all  Undecided
full member
Activity: 406
Merit: 102
Republia - New Blockchain Technology
now etherdelta already safe, you can trading there again. paypie does hold strong at the price of more than $ 1, if the paypie price down until $ 1 I will buy it again
Thanks buddy. Just to be sure and safe, i'm going to trade less than a hundred dollar using my metamask account instead of my own trading private keys which i moved all the funds to another safe wallet.
legendary
Activity: 1190
Merit: 1000
SoNiC BooM
My serious concern about paypie and the future.

I’m sure the Paypie team monitor these forums so I guess it’s approriate to comment here and assume they will see it.

I saw an email a while ago, from a telegram user who emailed Yohan regarding PPP being added to other exchanges. His response some what shocked me and really has stuck me. He stated that Paypie where not
Interested in having their tokens being added to other exchanges as the ppp token was a function of the network and not a token purely for being traded.

It got me thinking and how tokens really give you no assureance of what your actually buying. These tokens don’t give you a right to the profits or offer you any opportunity to profit. We have basically handed over cash for them, with absolutely no understanding of what will return value for us. Their not shares and even if Paypie was hugely successful what’s stopping Paypie effectively never using these tokens for anything.

I’ve watched a lot of you tube videos and even asked on telegram. I’ve noticed when asked Paypie almost always dodges the question of the purpose of the ppp token.

This leads me to my next problem. The only place to trade Paypie is Etherdelta. Since the recent hack of Etherdelta Paypie has struggled to hold its value. Etherdelta it seems, is now not trusted by the general community of crpto traders. If it did disappear their is absolutely no where to trade this token and given the attitude of Paypie it’s unlikely they would want it to be traded on exchanges. Etherdelta in itself isn’t really an exchange, more a market place for people to swap their tokens for ether directly. So as someone who owns several hundred of thousands of Paypie where do I go from here? Paypie is an awesome project that I 100% believe in. Yet I have no idea if it is successful if I’ll even profit from this ! I have no idea if in the future I’ll be able to exchange this token for cash. Given the huge  amount of money I have tied up in this, it is deeply concerns me. Looking st the price seems I’m not the only person with these concerns and do I just dump and run from here, I’ve made good money but get out while the times are good.

I’m an descrite for some guidance on this as are others. I think it’s a fair question. If Paypie don’t want to add PPP to other exchanges, they should be transparent about it. Obviously we all got into this to make money and I believe it is only fair the investors who helped build this platform profit from it.



Some of your concerns are true some of they don't.

Their platform will use ppp as a currency, they can't change that. And people would need to buy ppp from somewhere to use on that platform so they will need an exchange after the platform is available.

But probably they are not caring any exchanges right now and focusing on developing their platform. Now if something happens to etherdelta it would be hard to sell ppp's anywhere but at one point they will forced to find a new exchange after platform starts running.

It is logical that they are focusing on developing the platform first but they reached the hard cap. They can just get listed on exchanges just saying a please or maybe it is not even necessary.

I think it is necessary.
member
Activity: 378
Merit: 10
now etherdelta already safe, you can trading there again. paypie does hold strong at the price of more than $ 1, if the paypie price down until $ 1 I will buy it again
full member
Activity: 406
Merit: 102
Republia - New Blockchain Technology
Paypie price is holding strong and not letting it get below $1 token price. Do anyone here trading in etherdelta? Is it safe now to use their exchange?I'm still afraid of using it.
member
Activity: 62
Merit: 10
My serious concern about paypie and the future.

I’m sure the Paypie team monitor these forums so I guess it’s approriate to comment here and assume they will see it.

I saw an email a while ago, from a telegram user who emailed Yohan regarding PPP being added to other exchanges. His response some what shocked me and really has stuck me. He stated that Paypie where not
Interested in having their tokens being added to other exchanges as the ppp token was a function of the network and not a token purely for being traded.

It got me thinking and how tokens really give you no assureance of what your actually buying. These tokens don’t give you a right to the profits or offer you any opportunity to profit. We have basically handed over cash for them, with absolutely no understanding of what will return value for us. Their not shares and even if Paypie was hugely successful what’s stopping Paypie effectively never using these tokens for anything.

I’ve watched a lot of you tube videos and even asked on telegram. I’ve noticed when asked Paypie almost always dodges the question of the purpose of the ppp token.

This leads me to my next problem. The only place to trade Paypie is Etherdelta. Since the recent hack of Etherdelta Paypie has struggled to hold its value. Etherdelta it seems, is now not trusted by the general community of crpto traders. If it did disappear their is absolutely no where to trade this token and given the attitude of Paypie it’s unlikely they would want it to be traded on exchanges. Etherdelta in itself isn’t really an exchange, more a market place for people to swap their tokens for ether directly. So as someone who owns several hundred of thousands of Paypie where do I go from here? Paypie is an awesome project that I 100% believe in. Yet I have no idea if it is successful if I’ll even profit from this ! I have no idea if in the future I’ll be able to exchange this token for cash. Given the huge  amount of money I have tied up in this, it is deeply concerns me. Looking st the price seems I’m not the only person with these concerns and do I just dump and run from here, I’ve made good money but get out while the times are good.

I’m an descrite for some guidance on this as are others. I think it’s a fair question. If Paypie don’t want to add PPP to other exchanges, they should be transparent about it. Obviously we all got into this to make money and I believe it is only fair the investors who helped build this platform profit from it.



Some of your concerns are true some of they don't.

Their platform will use ppp as a currency, they can't change that. And people would need to buy ppp from somewhere to use on that platform so they will need an exchange after the platform is available.

But probably they are not caring any exchanges right now and focusing on developing their platform. Now if something happens to etherdelta it would be hard to sell ppp's anywhere but at one point they will forced to find a new exchange after platform starts running.

It is logical that they are focusing on developing the platform first but they reached the hard cap. They can just get listed on exchanges just saying a please or maybe it is not even necessary.


Yes they are focusing on developing, but to understand better the exchange thing is important to read what is not being said.

PayPie is not like some many other projects that need only a good dev team to work, the success of PayPie depend on many real bussiness using the plataform. They already have many real bussiness from SlickPie and many others, so for they make it work they need to remain a total legal and functional company so this bussiness are allowed to deal with PayPie.

To remain a total legal and functional company they need to make sure that the PPP token is seeing as a pure Utility Token (what it is!). And, at last, to make sure that the PPP token is seeing as a pure Utility Token (what it is!), they need to say out laud that the PPP is for the plataform and that they do not endorse any kind of speculation or security use of the token.

Is because of that they do not talk about exchanges or the price of the token, thats does not mean they can't (or will not) add the token in a exchange, is just that they will not do it without a product (a use of PPP as utility), because they are expericed and do not want to screw this over!!!

Now, my guess, I thing we will have alfa and exchange already in January! It's time! It's ON!!! Grin 
legendary
Activity: 1764
Merit: 1012
My serious concern about paypie and the future.

I’m sure the Paypie team monitor these forums so I guess it’s approriate to comment here and assume they will see it.

I saw an email a while ago, from a telegram user who emailed Yohan regarding PPP being added to other exchanges. His response some what shocked me and really has stuck me. He stated that Paypie where not
Interested in having their tokens being added to other exchanges as the ppp token was a function of the network and not a token purely for being traded.

It got me thinking and how tokens really give you no assureance of what your actually buying. These tokens don’t give you a right to the profits or offer you any opportunity to profit. We have basically handed over cash for them, with absolutely no understanding of what will return value for us. Their not shares and even if Paypie was hugely successful what’s stopping Paypie effectively never using these tokens for anything.

I’ve watched a lot of you tube videos and even asked on telegram. I’ve noticed when asked Paypie almost always dodges the question of the purpose of the ppp token.

This leads me to my next problem. The only place to trade Paypie is Etherdelta. Since the recent hack of Etherdelta Paypie has struggled to hold its value. Etherdelta it seems, is now not trusted by the general community of crpto traders. If it did disappear their is absolutely no where to trade this token and given the attitude of Paypie it’s unlikely they would want it to be traded on exchanges. Etherdelta in itself isn’t really an exchange, more a market place for people to swap their tokens for ether directly. So as someone who owns several hundred of thousands of Paypie where do I go from here? Paypie is an awesome project that I 100% believe in. Yet I have no idea if it is successful if I’ll even profit from this ! I have no idea if in the future I’ll be able to exchange this token for cash. Given the huge  amount of money I have tied up in this, it is deeply concerns me. Looking st the price seems I’m not the only person with these concerns and do I just dump and run from here, I’ve made good money but get out while the times are good.

I’m an descrite for some guidance on this as are others. I think it’s a fair question. If Paypie don’t want to add PPP to other exchanges, they should be transparent about it. Obviously we all got into this to make money and I believe it is only fair the investors who helped build this platform profit from it.



Some of your concerns are true some of they don't.

Their platform will use ppp as a currency, they can't change that. And people would need to buy ppp from somewhere to use on that platform so they will need an exchange after the platform is available.

But probably they are not caring any exchanges right now and focusing on developing their platform. Now if something happens to etherdelta it would be hard to sell ppp's anywhere but at one point they will forced to find a new exchange after platform starts running.

It is logical that they are focusing on developing the platform first but they reached the hard cap. They can just get listed on exchanges just saying a please or maybe it is not even necessary.
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