Topic: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin - page 15. (Read 118903 times)

the porpose of posw is to leave ur coins ON their site to get stakes and dividents, so a hw is a direct conflict to the main site reason, tough reasons for having ur coins offline are logical, the site should try to find solutions for leaving them ON site AND guarante safety

so a failed concept imo

do people dont know, what is HW for? HW is personal wallet what is more secure than Windows or linux wallet couse it can be removed from PC. And second this is limited editon, so its collectible. And people can say they have something unique, POSW engraved on it.

People who dont know what hardware wallet is, they dont desire or need it, couse dofar they have been without it. Alot of BTC owners/traders have HW wallet, for antihacking and security

What does anonymity has do to with legitimacy? Even Satoshi is anonymous but Bitcoin is not a scam. There maybe lots of reasons for someone to prefer to stay anonymous but that should not cast doubt on his/her integerity.

OK, thanks. I don't have anything to withdraw there, just some trinkets as I was evaluating the site. I saw that fee in the FAQ but perhaps it is only relevant for withdrawing BTC.

most coins have 0.01 coins withdrawal feel. dont know on doge, couse dont hold them on POSWallet, but i belive it is same. YOu can check withdrawal fee by trying to withdraw, and then not confirming it, so you see fee.

about the dumps could be alot of fud or 1-2 whales dumped and noobs follow into abyss

about the site ye i agree they need to work on it, but devs in slack always respond to feedback and they have alot in store

the ico is total fail imo, first why do i need a hardware wallet?! second where is the info on why i need it and whats so great about it?

could have done better things like invest into a fancy sidechan security system where you hold control over your coins or whatever

What is the withdraw fee at POSWallet? The FAQ indicates 40K sats (or equivalent); is that correct?  If one wants to withdraw, for example, 100K sats worth of DOGE (about 1800 coin), the fee is 40K sats, or about 740 DOGE? I don't use this service yet, was just looking into it a bit.

Thanks.

Well that's obvious isn't it? you could as well have other POS coins in their own wallets on your computer but the point is to have them in POSwallet.com
One question though, we can stake POSW tokens as well as receive dividends of the company's revenue? is the company's income from fees of both exchange and staking wallets publicly available to see and calculate the dividends ourselves?

another point here in correlation with the post I've done some posts above ..

Show me an ANN of any coin or ICO where you have to pay 100 bucks into it and get those limited information?

Even scammers try to give more information on their coins than it's being done here in this ICO.. why are you going offering this without giving people proper information?

I don't know why but you guys seem to hate good oppertunities .. take them and make the worst outcome of it

Details ICO for a custom PoSW hardware wallet. We have teamed up with one of the most popular hardware wallet vendors to deliver a custom engraved wallet that supports PoSW, BTC, LTC, ETH, DASH, STRAT, and others. The wallet has a USB type Micro-B connector, stainless steel hardware, and is compatible with Windows, Linux, or Chrome OS.

Price includes limited edition wallet, shipping, and handling. 1 HW = 1 wallet.

Can you show me hardware wallet image that you sell?
PosW HW supports PoSW, BTC, LTC, ETH, DASH, STRAT, and others. What is others coin?
Can we add custom coin to this HW?
Can we use Hardware Wallet without account in PosW?

Please read my question again, I asked about my personal desktop wallet not an exchange wallet.

I see no reason why they must be on the posw site, Can anyone clarify?

When price is going up, everyone say giod things and talk about holding.As soon as price take a dip,they change their tone.
Posw is still above ICO and that speaks a volume how strong it us.
As far recent price fall, it is nothing unusual in crypto.Even btc take a dip.
I am holding and am sure huge price hike in coming months

Did some calculations.  some math may me wrong cause... well... it happens

Only got 41.xx for having 16801 posw.  Im not a huge whale in the pool.  Im only about .05 percent of sites pool. Calculating how many coins in existence and add those to the pools number.  You can calculate true vested amount percent, it lowers even more.

using the 41 dividends and my total balance, the percent of my dividends was equal to .00244.  To check correctness: .00244 * 16800 = ~41.X

This confirms the dividend percentage was correct.  Now we are going to use last months reports to figure out how many coins used as dividend.  They used 278k coins

If we use the last month as an average satoshi price and the amount of coins in the march listing.  They handed out 2 btc worth of dividends.  If we estimated at 8k satoshis, using the same amount of coins would they would be estimated to give out ~22 btc.  Using the amount of 41 received posw, the dividend rate, the total circulation supply of 41mil and the current cost .11 cents:

278k/41m = 0.006780487804878 = amount of total supply given to dividends

41/16800 = .00244 ratio of received coins.  So this means that .00678 * 16800 = ~ 111 coins should have been received.  Then 41/111=37% . i received 37% less dividends as expected.  This opens up an option to be explored

So either the true amount of dividend coins should either be [.37*278k] = 102,684 actual coins distributed (this is based on using same satoshi price) or if they did the same amount due to rise of price of 10.66X in a month, the calculations mean they may had only given 28,000 coins (this way they would only distribute they same 2btc worth of dividends, instead of 22 btc as expected. Which means that the calculation of .00244 *102,684 should come out to 41, but it does not, it comes out to 250.5.  Odd... so trying 41/28k = .00146*28,000 is .... 41!!!!!!  So that means my 41 posw is only .00146 of the dividend given up.  Using .000497 (my ratio of 16.8k coins to the 41 million in circulation.) means that I really should have received only 14 posw.  I have no idea about what I being used as variables.  We need the info.

^
^
All this random shit leads to the conclusions that instead of using the amount of btc that should have been distributed (22 btc), they lowered the amount of coins need to distribute to 28k in order to only pay out the 2btc.

So my 41 coin payment is really worth 4.51$.  However with the price increase, the 41 posw would have been 437.06 at last div block. Those coins would now be worth 48$. The 4.51 is not bad for a dividend, but not acceptable or viable if you going to lose half your value in a week.  We need transparency.

-------

The ICO scares me.  Not much info attached to it.  No pics, no teasers, nothing.  Any company would advertise their brand if they were trying build excitement.  Could be an item to grab more money and not fulfill it.  Their batch of silver bars did not pan out well.  This site may have been a scam idea, but people got pretty interested in the concept, so im not sure what is going on.  Was it just a pump in dump planned like this or was it supposed to be a scam, got popular and now they are struggling to actually build it, if in fact, it was supposed to be a scam  

So I dont know if its a lack of vision so far by development, the non exist transparency on how money is being spent or what it goes too, no public identities (we dont see any proof of those figures, we dont know who they are.  Most developers that really believe in a coin will want to put their identity up front incase it blows up big.) the non public identities is a serious issue since these coins arent safe.  We dont have the private keys, which is vulnerable to hacks and fraud.

I want to believe that this is legit because the website is pretty genius if you do it right.  It will never explode until we own private keys.  Im getting scared.  Havent lost money yet, but most of my profit was shot down by the halving of the coin price.  The 16800 ct. of coins was like 2.8 btc at one point.  Now its down to 1.4 btc.  Might have to dash and save what can be saved in order to not lose money

I had high hopes.  Now I need to see more details that can convince me to stay.  Also if this was random and didnt make sense, just ignore

Nice website design, but a huge facepalm on the exchange part.. Way too complicated. At this time, its almost laughable to exchange there and not worth the struggle. You basically need a calculator or a piece of paper for every exchange you make. There are 100 others that do it better.

Kinda figured it would retrace a bit. I think it's a solid concept and could develop into something very big. Alot of great startups have big swings during the discovery phase. I am buying through these dips myself.