Cant wait for party with tenx dividend this December.
Topic: [ANN] TenX: Making Blockchain assets spendable - page 100. (Read 332241 times)
so okex is adding TenX? another big exchanges.
Cant wait for party with tenx dividend this December.
Cant wait for party with tenx dividend this December.
Ordered my card on september 2nd, I got it last saturday (a little less than 3 months).
I was really eager to test my card but unfortunatly i got it during the maintenance of last week. But I tested it three days ago when I went to the grocery store to buy some eggs and milk. Everything went fine and I'm really happy with my new card
Thank you tenX to deliver a Working product!
Great job Guys!
I was really eager to test my card but unfortunatly i got it during the maintenance of last week. But I tested it three days ago when I went to the grocery store to buy some eggs and milk. Everything went fine and I'm really happy with my new card
Thank you tenX to deliver a Working product!
Great job Guys!
I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
So outside Europe, did the team release any info yet?The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
Sorry can’t really scroll to read everything
They have secured a new partner for global distribution, but I haven't seen any updates on when those will start shipping. Hopefully soon. I wants one!
Hey -
I made a small video talking about my experience with my TenX card!
https://youtu.be/WSYVw8wM018
This is great can’t wait to use my card, hopefully it will be fully functioning before other card company release theirs first I made a small video talking about my experience with my TenX card!
https://youtu.be/WSYVw8wM018
I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
So outside Europe, did the team release any info yet?The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
Sorry can’t really scroll to read everything
I live in Amsterdam and i received my tenx card yesterday. Immediately tested it in a local restaurant and was able to pay for the dinner without any problems
>>>>>>>confirm email from TENX<<<<<<<<<<<
SUCCESSFUL!
Transaction
270
EUR
23-11-2017
22:49
MAMA KELLY AMSTERDAM~~AMSTERDAM~ 528
Eating Places, Restaurants
EXCHANGE-RATE
6819.38
>>>>>>>confirm email from TENX<<<<<<<<<<<
SUCCESSFUL!
Transaction
270
EUR
23-11-2017
22:49
MAMA KELLY AMSTERDAM~~AMSTERDAM~ 528
Eating Places, Restaurants
EXCHANGE-RATE
6819.38
That was a very expensive dinner :-) :-)
Hey -
I made a small video talking about my experience with my TenX card!
https://youtu.be/WSYVw8wM018
I made a small video talking about my experience with my TenX card!
https://youtu.be/WSYVw8wM018
is there a desktop wallet?
You can store PAY Token on every ERC20 compatible wallet, like MyEtherwallet or Mist. Further on hardware wallets like Trezor or Ledger Nano S. will there be news or updates for PAY this year?
have the same question
is there a desktop wallet?
I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
Hey aoluain, TenX does not give out the numbers. I think they gonna do that when they hit a big milestone. Giving out numbers would lead to false assumptions - some people would not understand the numbers and the growth that will come over the next time periods. In the latest video TenX told us that they send like 500 cards out into the WaveCrest European Zone.
I am kinda sure they send way more than 17,000 cards out already - but this is just a personal opinion.
Not giving out numbers is keeping investors in the dark. Shady!
I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
Hey aoluain, TenX does not give out the numbers. I think they gonna do that when they hit a big milestone. Giving out numbers would lead to false assumptions - some people would not understand the numbers and the growth that will come over the next time periods. In the latest video TenX told us that they send like 500 cards out into the WaveCrest European Zone.
I am kinda sure they send way more than 17,000 cards out already - but this is just a personal opinion.
I just ordered my TENX card after a friend showed me his new
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
1) 12k usd per person per year -> most ppl who get tenx card were early in crypto bussines = they got cash.
I got card for 1 month. My spending was ~11k usd in last month using card. My early spending should be close to 120k-150k usd per year. Average probably should be close to 50% or average yearly salary of person using card or more like 75%. I would say it is safe to assume 30k usd per year per user.
2) You don't count total value equal to 1 year earnings never ever!.
This company will not case to exist in 1 year so this assumption that company vaporizes in 1 year is extremely faulty giving huge error.
Look at Tesla P/E = infinity
Netflix P/E = 189
Amazon P/E = 297
Yelp P/E = 489
(P/E is Price/Earning)
Average for tech companies is ~30. Good companies with good potential growth in future are 100+. So Tenx should have at least P/E=100.
So after fixing base assumptions, let's fix your calculations:
104,661,310 tokens * $2,46 /100(p/e) = $2,574,668 need to be collected
To make this happen we need 200 * <$ value of 0.5%> = $51,493,364
$30,000 * 0,005 = $150 collected (0.5% reward)
So, to collect $2,574,668 TenX needs: $2,574,668 / $150 per person per year = 17164 customer using card.
As far as i can know they will get about 25k working card till end of 2017.
So according to this calculation price NOW should be 2.46$(value used for calculations)*25000/17164 (really working cards/amount from calculation) = 3,58USD per 1 PAY token.
If they get 50k working cards value should be 7,16USD, 100k working cards 35,8 USD.
1k working cards -> 1Pay = 0.35USD
Everything now depends how many cards were shipped! This is very valuable insider info.
arrival today. I got a message to say the cards are currently
out of stock, what is the current estimated lead time?
Is there over 17,000 cards distributed already?
104,661,310 tokens * $2,46 = $257,466,822.6 need to be collected
To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)
Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952
Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)
So, to collect $51,493,364,520 TenX needs: $51,493,364,520 / $60 per person and yr = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
Bad assumptions give bad results To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)
Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952
Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)
So, to collect $51,493,364,520 TenX needs: $51,493,364,520 / $60 per person and yr = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
1) 12k usd per person per year -> most ppl who get tenx card were early in crypto bussines = they got cash.
I got card for 1 month. My spending was ~11k usd in last month using card. My early spending should be close to 120k-150k usd per year. Average probably should be close to 50% or average yearly salary of person using card or more like 75%. I would say it is safe to assume 30k usd per year per user.
2) You don't count total value equal to 1 year earnings
never ever!. This company will not case to exist in 1 year so this assumption that company vaporizes in 1 year is extremely faulty giving huge error.
Look at Tesla P/E = infinity
Netflix P/E = 189
Amazon P/E = 297
Yelp P/E = 489
(P/E is Price/Earning)
Average for tech companies is ~30. Good companies with good potential growth in future are 100+. So Tenx should have at least P/E=100.
So after fixing base assumptions, let's fix your calculations:
104,661,310 tokens * $2,46 /100(p/e) = $2,574,668 need to be collected
To make this happen we need 200 * <$ value of 0.5%> = $51,493,364
$30,000 * 0,005 = $150 collected (0.5% reward)
So, to collect $2,574,668 TenX needs: $2,574,668 / $150 per person per year = 17164 customer using card.
As far as i can know they will get about 25k working card till end of 2017.
So according to this calculation price NOW should be 2.46$(value used for calculations)*25000/17164 (really working cards/amount from calculation) = 3,58USD per 1 PAY token.
If they get 50k working cards value should be 7,16USD, 100k working cards 35,8 USD.
1k working cards -> 1Pay = 0.35USD
Everything now depends how many cards were shipped! This is very valuable insider info.
104,661,310 tokens * $2,46 = $257,466,822.6 need to be collected
To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)
Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952
Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)
So, to collect $51,493,364,520 TenX needs: $51,493,364,520 / $60 per person and yr = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
Bad assumptions give bad results To make this happen we need 200 * <$ value of 0.5%> = $51,493,364,520
(close to a third of today's BTC marketcap: $167,024,234,822)
Under consideration that company tokens will get rewards as well, sooner or later (otherwise they would not have any use case or value) it becomes worse as you can imagine: 205,218,256 PAY tokens * $2,46 * 200 = $100,967,381,952
Let's calculate with 12k per person spent via the card in average, quite high, but may happen:
$12,000 * 0,005 = $60 collected (0.5% reward)
So, to collect $51,493,364,520 TenX needs: $51,493,364,520 / $60 per person and yr = 858,222,742 the amount of customer years required (one customer 10 years is equal to 10 customers one year).
1) 12k usd per person per year -> most ppl who get tenx card were early in crypto bussines = they got cash.
I got card for 1 month. My spending was ~11k usd in last month using card. My early spending should be close to 120k-150k usd per year. Average probably should be close to 50% or average yearly salary of person using card or more like 75%. I would say it is safe to assume 30k usd per year per user.
2) You don't count total value equal to 1 year earnings
never ever!. This company will not case to exist in 1 year so this assumption that company vaporizes in 1 year is extremely faulty giving huge error.
Look at Tesla P/E = infinity
Netflix P/E = 189
Amazon P/E = 297
Yelp P/E = 489
(P/E is Price/Earning)
Average for tech companies is ~30. Good companies with good potential growth in future are 100+. So Tenx should have at least P/E=100.
So after fixing base assumptions, let's fix your calculations:
104,661,310 tokens * $2,46 /100(p/e) = $2,574,668 need to be collected
To make this happen we need 200 * <$ value of 0.5%> = $51,493,364
$30,000 * 0,005 = $150 collected (0.5% reward)
So, to collect $2,574,668 TenX needs: $2,574,668 / $150 per person per year = 17164 customer using card.
As far as i can know they will get about 25k working card till end of 2017.
So according to this calculation price NOW should be 2.46$(value used for calculations)*25000/17164 (really working cards/amount from calculation) = 3,58USD per 1 PAY token.
If they get 50k working cards value should be 7,16USD, 100k working cards 35,8 USD.
1k working cards -> 1Pay = 0.35USD
Everything now depends how many cards were shipped! This is very valuable insider info.
hello, I was very interested in this project, what method is the distribution of tenx payment cards?
Yesterday bought Belgian chocolates and exchange rate for selling my BTC was 11206USD (39669,97PLN). At exactly the same time Price for BTC in Bittrex was 10769USD.
Seems like TenX selling algo is sometimes really good 4% above market price.
Seems like TenX selling algo is sometimes really good
4% above market price.
I can also confirm that the card works without problems. Received mine last week. Update to KYC tier 2 was done within a day. Already paid in different shops, restaurants, gas station... The used exchange rate was good, only slightly lower then the ones I would have gotten directly on an exchange.
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
The only problem as a new user is currently to get the card, but as it seems they are working on their waiting list (as long as you are in europe).
Hi there,
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
Got my card and it works...have a look at the tenx token Fanclub on telegram or the official riot chat, there are a lot more users wichtig got and use their cards
how it work, really can pay with that card in supermarket shopping ?
You sure can mate. There's videos from way back, where guys are using tenx card to pay for mcdonalds- which btw isn't the healthiest choice.
IT just might take a while before you can actually recieve the card. It should be faster in Europe tho
Hi there,
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
Got my card and it works...have a look at the tenx token Fanclub on telegram or the official riot chat, there are a lot more users wichtig got and use their cards
how it work, really can pay with that card in supermarket shopping ?
Hi there,
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
someone in Germany with a TenX Card? Does is work? Can I go to REWE supermarket and pay with that card?
Thanks
Got my card and it works...have a look at the tenx token Fanclub on telegram or the official riot chat, there are a lot more users wichtig got and use their cards
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