Topic: [ANN] POPULOUS WORLD - Invoice trading platform - PPT - page 75. (Read 277232 times)

Pretty sure everything has been detailed in the white paper, which you obviously haven't read.


You don't give an SME your PPT tokens, the SME will get pokens,

Pokens are pegged to the British pound right now. So businesses don't need to worry about price volatility.

So again to clarify for you,  If you are an SME you will be getting pokens, not PPT....



You also forgot to mention that as the PPT price goes up this means you'll be able to get more pokens, (meaning larger interest/returns). Which is what makes this project the best passive income opportunity in the market. imo

Yeah, it could go down but the only thing that will make it go down is an abundance of supply without the demand to match kind of like what we are seeing now.


Right now all you can do is sell your PPT... which is what is driving the price.

But once live invoices are on the platform no one is going to want to sell their PPT, the supply on the exchanges will dry up as soon as people are able to use their PPT on the platform. Couple that with the fact that more people are learning about cryptos as time goes on and eventually they'll stumble across Populous and see the live platform



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So naturally, the supply vs demand will drive the price up, and I think it'll just continue to grow because so many people want an asset that brings them a form of passive income.

Doesn't matter where the price moves right now.. it might be going up, down or sideways who cares.  I'm pretty sure as the full platform launches you will have less and less people that will want to sell PPT because they will want to use it on the platform.

So really the obvious outlook for PPT is just constant growth. As people continue to hoard it and use it for passive income. More people are going to want it. So yeah do the math. the future of Populous looks incredibly bright and it has huge potential to become one of the best current use cases for the Ethereum platform.

Project's like populous are what will drive Ethereum to 10k and beyond.



So I have to ask you Kufut, why are you here? you obviously don't like Populous, so why waste your time here? You haven't bothered to read the white paper so what makes you qualified to even talk on the matter? you clearly have no idea what you are talking about. Or you do and you are just pretending to be stupid. Which is a recurring trend with FUD makers.   So what's in it for you? what do you gain from being here?


Because it looks like you're trying to blur the details and cause unnecessary FUD.   You should read the white paper before voicing worthless concerns that can be easily taken as FUD.

Thats ridiculous. Lets say I am an investor who is willing to buy an invoice for %5 profit. I am already risking my money for this %5 profit. Do I also have to worry about PPT price? What if PPT price drops %15 percent? I will be losing %10

There is no such stupid investor around me. This type of business only works for guaranteed profits.

Same for seller side. I will be selling my invoice by giving up from %5 of it. I cannot afford losing %15 because PPT price dropped. I need my money in fiat.

Micro factoring = micro profit = micro risk

If Steve said that, thats also proof of how this system is not going to work.

Worthless is the under statement of the century.....Many maneuvers and innovative thinking will help propel the entire blockchain space forward, Nico is about to illustrate to the bankster's what adding value means.....if you don't conform you will be compost!

Update from Steve: you can only use ppt to buy invoices. Fiat is worthless.

Thanks for posting this link as I have been too busy in the last few days to get into the PPT chat rooms on slack and telegram so I wouldn't mind getting to understand how the platform works via the tutorials. I am glad though the beta has launched and am excited to see when the live invoices start because that is when the real business will take hold and the real value will come for the PPT token holders of which  am also one.

PPT is a yet another micro crediting system and they are based in UK, right? Also, PPT coin is used only for paying fees. Whole business is not tied to crypto money. Investors will be paying real fiat currencies to sellers. It is real money business, not crypto.

So, read this -> http://ec.europa.eu/DocsRoom/documents/3669/attachments/1/translations/en/renditions/pdf

You seem to be a lazy ignorant person. Let me find exact section for you.

United Kingdom
Main laws and normative acts
Credit Unions Act 1979 and the Industrial & Provident Societies Act 1965
Description: Credit Unions must register under the Industrial & Provident Societies Act
1965, which gives them corporate status and limited liability and their activity is
governed by provisions of the Credit Unions Act 1979. A Credit Union may only undertake
those activities for which there is an express or implied power in the Credit Unions Act.
Loans may only be made to natural persons, who share a common bond. However,
some of these loans will be used by sole traders for business purposes. There is currently
an interest rate cap on loans (2% per month). Credit unions are regulated by the
Financial Services Authority under the Financial Services and Markets Act 2000. Before
they can do business, they need to be authorised by the FSA, which makes rules about
their operations.

Community Development Finance Institutions (CDFIs) may register either as companies
regulated under Company law; or community benefit societies registered under the
Industrial & Provident Societies Act 1965. They are not subject to the provisions of the
Credit Unions Act. CDFIs which register under the Industrial & Provident Societies Act
may invite retail investment of withdrawable share capital ('WSC'). WSC is risk capital
which carries no guarantee of repayment, and so takes the CDFI outside of European
Banking legislation. CDFI's lend for both personal and business purposes. Investment
applied to their business lending may, if qualifying criteria relating to the spread of loans
is met, attract a tax relief which is the equivalent of 8.33% to higher rate tax payers
under the Community Interest Tax Relief scheme ('CITR'). Where investors are paid a
return, it is usually paid as a percentage of the investment, rather than a dividend.

If you go back and read the rest of this thread,  everytime the market whale people were talking about how populous is ready to show its strengths. I agree times like this is where Populous really cool! Top30 coinmarketcap is also good.

What is reality and visible difference is little bitter like always. Populous has been damaged at least for now and no one can't deny this fact. It was performing in bad times by reaching at $75 at one moment and position among top 20 markets. It may recover but delivery will build reputation in true senses. This market is on hold continuously.

THATS BECAUSE YOU DONT UNDERSTAND ANY LAW, POPULOUS DOES NOT NEED A LICENSE OF ANY TYPE TO OPERATE IN THE CRYPTO OR INVOICE FINANCING OR GOLD MARKETS, YOU NEED TO DO BETTER THAN THAT, THE STATEMENT IS VERY OLD

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

The criminal past of the founder is worrying, but I have decided to stick with a small investment here.

Banks make a killing from businesses with cashflow issues. Populous will turn the factoring business on its head if they are successful.

Join to telegram and ask about if they got licence to operate money business. You will be banned immediately.

They cannot do this without proper applications and permits. Yet, there is no single information about that.

Don't believe me. Go ahead and ask them!

Awesome thanks for sharing this. I'm sure the tutorials will remove a lot of trial and error and give people the confidence to use the platform. This crypto stuff is producing a renaissance in finance that is getting the people interested because they can finally participate on a fair playing field. 

Subscribe to Populous Youtube channel !!!! They will be conducting interviews,**tutorials*** and a whole lot more. https://www.youtube.com/channel/UCBI-O3zFjYYjJCBxJ77faqw

 

soon a lot more is going to be shared

Crypto isn't regulated.

I acutally doubt he needs to hold a finaincial / securities license .

Its fairly deceptive to lie about this. Which he did until their was fairly good proof that he was lying. My question would be what else has he lied about. This doesn't show a good sense of character. Given whats out there now, I would suggest the larger companies people where talking about populous targeting would be able to read all this information and I would think it would turn more then one of two of them away from Populous. Best thing that can happen here is Nico steps aside and lets someone else coming in as CEO and sail the ship.

Would really like to know about that as well I tried googling for more information but was unable to find any relevant information.

I'm always popping in and out of this forum for a quick update on things and I keep it moving, I am a strong hand/believer in the Populous mission! since late July(missed the damn ICO lol)....Whats going on in the blockchain era is a silent revolution its time to kill off all the Jamie Demons of the world its time for change. The world ended in 2009 as we knew it!!! For all those who might of purchased at the high don't fall for the FUDSTERS with alternatives motives, look at the bitcoin chart and it should give you an idea of how market manipulators work(research market psychology of a market cycle) if you don't believe in the project lol why would you waste your time, just sit back relax dork and watch what happens, we are the resistance Populous soldiers out to kill & maim oppressors of humanity. This project is going to have the entire globe at awwww on what blockchain is really about....BANKS ARE CROOKS & THE FRACTIONAL RESERVE DEBT ENSLAVEMENT SYSTEM IS COMING DOWN!!!!
P.S
Wasn't this same FUD used back in November, nice try we still holding, they are not even clever enough to use new material-Dorkie works for CNN

PPS
Im all in.... crypto is my bank account, scared money makes no money Dorkie!

Populous holders you hold something more valuable than BTC this is the definition of generational wealth!!!!! your KIDS-KIDS-KIDS-KIDS,KIDS,KIDS,KIDS .........will thank you for HODL'N like a BOSS!!!! If you can handle the pressure unfortunately this is how traders make their money sad to say.....

FOR ALL THOSE WITH ILL INTENTIONS UNIVERSE WILL FOLD ITSELF UPON ITSELF AND WILL PRESENT YOU WITH A SURPRISE SOON

Do you have a source that shows he wouldn't be able to "participate" in a financial company by law? Also, can you elaborate how "participate" is defined?

He -finally- admitted his conviction, we can move further ahead and ask more questions.

Since he is convicted of a fraud, he cannot participate in a financial business by law. So, how is he going to participate in PPT project? Is he going to move this business outside of EU? Is he not going to get customers from EU zone? Which regional market is he going to target?

Is moving offices to IOM will solve all legal problems?

Some says "you don't like it, get the hell out of here"

It is not an issue to like or not. I am an investor and have all the rights to ask questions and invest or not.