no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
The concept of an escrow provides security for the buyers who power e-commerce stores, without this, the system is weak and will be porous, over time it will collapse as buyer trust wont be guaranteed. 
Topic: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain - page 66. (Read 56709 times)
October 06, 2017, 06:27:03 AM
October 06, 2017, 06:12:41 AM
so, I've understood right. today we had only good news, even if these are not news technically 
the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
I don't know. If we'd like to find a logic in that, all the features will be available with the minimum cap: BitBoost can't lack in one of these points, so if the minimum should be the minimum with they can go on all of them will be developed.
it is definitely possible so... maybe the difference will be the time or how much they will pay their partners and developers or what they will invest in communication. not a small difference, of course.
it's not just a matter of time or developers wages, that as you said is not a small difference, but, I think, it will also affect the price of tokens. if people buy tokens at 0,2$ but no one at 0,4 the price should not go over 0,2 for a long time...
Yes, you are right on this. I don't think they will have similar problems, they have done all too good to don't have a minimum number of investors, and I will be one of them, in my little.
obviously I'm agree... I don't think they will have problems to reach at least a couple of hundred thousand dollars. I hope for the best, so a price a little bit higher since the firsts days on the exchanges will be justified.
October 06, 2017, 06:10:45 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
I don't know. If we'd like to find a logic in that, all the features will be available with the minimum cap: BitBoost can't lack in one of these points, so if the minimum should be the minimum with they can go on all of them will be developed.
it is definitely possible so... maybe the difference will be the time or how much they will pay their partners and developers or what they will invest in communication. not a small difference, of course.
it's not just a matter of time or developers wages, that as you said is not a small difference, but, I think, it will also affect the price of tokens. if people buy tokens at 0,2$ but no one at 0,4 the price should not go over 0,2 for a long time...
Yes, you are right on this. I don't think they will have similar problems, they have done all too good to don't have a minimum number of investors, and I will be one of them, in my little.
October 06, 2017, 06:08:43 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
I don't know. If we'd like to find a logic in that, all the features will be available with the minimum cap: BitBoost can't lack in one of these points, so if the minimum should be the minimum with they can go on all of them will be developed.
it is definitely possible so... maybe the difference will be the time or how much they will pay their partners and developers or what they will invest in communication. not a small difference, of course.
it's not just a matter of time or developers wages, that as you said is not a small difference, but, I think, it will also affect the price of tokens. if people buy tokens at 0,2$ but no one at 0,4 the price should not go over 0,2 for a long time...
October 06, 2017, 06:06:00 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
I don't know. If we'd like to find a logic in that, all the features will be available with the minimum cap: BitBoost can't lack in one of these points, so if the minimum should be the minimum with they can go on all of them will be developed.
it is definitely possible so... maybe the difference will be the time or how much they will pay their partners and developers or what they will invest in communication. not a small difference, of course.
October 06, 2017, 06:00:27 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
I don't know. If we'd like to find a logic in that, all the features will be available with the minimum cap: BitBoost can't lack in one of these points, so if the minimum should be the minimum with they can go on all of them will be developed.
October 06, 2017, 05:57:20 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
I hope that all the features we saw a couple of days ago will be developed also with the minimum, in fact the most of them seems strictly necessary. just the themes are less important.
October 06, 2017, 05:55:19 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development.They have enough to go on, this is almost sure, but I don't know what will be the differences between a development with the minimum cap and with the hard one. I don't think is written anywhere...
October 06, 2017, 05:50:33 AM
so, I've understood right. today we had only good news, even if these are not news technically the amount they will raise now I think will be decisive just for what they can invest in communication and development.
the amount they will raise now I think will be decisive just for what they can invest in communication and development. October 06, 2017, 05:46:54 AM
I read in some previous posts about the token sale that they will not have a minimum cap for it and what will be not sold before the 10th of november will be sold later in order to increase token price. it is right?
How much is the Minimum cap and the hard cap goal in the main ICO? I know that the pre-sale was ended early because if this huge e commerce project but i want to know the answer to my question. Thanks i can't find it in the OP
No minimum cap, unsold token during the main sale will be used for future sales and will be locked for a minimum period of one year. These remaining tokens will be sold at a significantly higher price than the initial pre-sale of 25 million and the main-sale tokens.
You can find this information at https://www.bitboost.net/pre-sale/index.html
Hard cap will reach if all token sold out in the main sale included unsold token in the pre-sale
we will have to have the attention with the market growing, and I hope that BitBoost turn on the rockets
I think you're talking about this conversation. It is possible that the success of the pre-sale, that has almost reached its hard cap make possible to proceed anyway...
the sum of the minimum caps of the pre-sale and the main token sale should be equal or similar to the amount they have already raised, so they can go on anyway. and this is definetely a good thing
October 06, 2017, 05:43:59 AM
I read in some previous posts about the token sale that they will not have a minimum cap for it and what will be not sold before the 10th of november will be sold later in order to increase token price. it is right?
How much is the Minimum cap and the hard cap goal in the main ICO? I know that the pre-sale was ended early because if this huge e commerce project but i want to know the answer to my question. Thanks i can't find it in the OP
No minimum cap, unsold token during the main sale will be used for future sales and will be locked for a minimum period of one year. These remaining tokens will be sold at a significantly higher price than the initial pre-sale of 25 million and the main-sale tokens.
You can find this information at https://www.bitboost.net/pre-sale/index.html
Hard cap will reach if all token sold out in the main sale included unsold token in the pre-sale
we will have to have the attention with the market growing, and I hope that BitBoost turn on the rockets
I think you're talking about this conversation. It is possible that the success of the pre-sale, that has almost reached its hard cap make possible to proceed anyway...
October 06, 2017, 05:36:55 AM
I read in some previous posts about the token sale that they will not have a minimum cap for it and what will be not sold before the 10th of november will be sold later in order to increase token price. it is right?
October 06, 2017, 04:24:21 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
the concept of escrow is really safe. I completely ignore its meaning until now. this can increase the trustiness at the point that they need no more feedback on sellers.
For me it just means that BitBoost will be not just a marketplace where cryptos are allowed, but also an e-commerce pretty safe and trusty. The possibilities of this project are awesome.
and blockchain is another point that can make bitboost more safe, if they provide a strong encryption too. all the transactions are safe and recorded in a unalterable way.
it just means that our yesterdays concerns about bitboost safety are all unfounded, and they worked in the best way also this time. thanks to enigmatical for have explained.
It seems they know how to do them work and this is an awesome thing to know for us investors. I'm just mad to wait until the 10th of november to know how it will go on...
October 06, 2017, 04:20:56 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
the concept of escrow is really safe. I completely ignore its meaning until now. this can increase the trustiness at the point that they need no more feedback on sellers.
For me it just means that BitBoost will be not just a marketplace where cryptos are allowed, but also an e-commerce pretty safe and trusty. The possibilities of this project are awesome.
and blockchain is another point that can make bitboost more safe, if they provide a strong encryption too. all the transactions are safe and recorded in a unalterable way.
it just means that our yesterdays concerns about bitboost safety are all unfounded, and they worked in the best way also this time. thanks to enigmatical for have explained.
October 06, 2017, 04:17:36 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
the concept of escrow is really safe. I completely ignore its meaning until now. this can increase the trustiness at the point that they need no more feedback on sellers.
For me it just means that BitBoost will be not just a marketplace where cryptos are allowed, but also an e-commerce pretty safe and trusty. The possibilities of this project are awesome.
and blockchain is another point that can make bitboost more safe, if they provide a strong encryption too. all the transactions are safe and recorded in a unalterable way.
October 06, 2017, 04:14:47 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
the concept of escrow is really safe. I completely ignore its meaning until now. this can increase the trustiness at the point that they need no more feedback on sellers.
For me it just means that BitBoost will be not just a marketplace where cryptos are allowed, but also an e-commerce pretty safe and trusty. The possibilities of this project are awesome.
October 06, 2017, 04:12:40 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
the concept of escrow is really safe. I completely ignore its meaning until now. this can increase the trustiness at the point that they need no more feedback on sellers.
October 06, 2017, 04:09:56 AM
no, they haven't, but ebay in this moment have a true solid feedback system for seller's ranking, and in its roots it was nearly the only online store on earth. amazon is a marketplace for professionals, so I don't think they need one.
October 06, 2017, 04:07:34 AM
privacy is a very important thing in this era, this is clear, but I think this is not a reason why this project will go on or not. they have to protect people money in beetwen deposit and transaction. a reasonable amount of privacy is enough to protect private chat and so on.
This problem has already been addressed as The Block provides an escrow system, guaranteed by BitBoost. Buyers send payments to this escrow system. Payments are released to sellers only when goods have arrived as expected. Any disagreements will be handled through arbitration, further reducing risk. BitBoost's escrow system allows sellers to designate any provider they wish to serve as their escrow agent.I've already read it on the page "features" from bitboost site. my message is more from users that to developers. you should concentrate on protect people money and business, not (just) private chat between buyers and sellers.
I read too something about it in the same page (I've posted a couple of weeks ago on this thread, am I right?). I'm sure developers are focusing themselves on this to guarantee a 100% safe place.
https://www.bitboost.net/features.php
I think this is the page that you're talking about. some features like arbitration will be released yet in the first live version (they are talking about the beta?) some further things after.
Yes, this is the page that I'm talking about. There is something not perfectly clear: they will introduce arbitration in the first live version, in order to protect buyers and sellers I suppose, but the reputation system will be introduced just later...
I wondering about the same thing. and something more: the provide aliases and private chat in the first version, so the identity of the user is completely unknown. this can make an arbitration very difficult!
I just hope that some information about any users are stored in bitboost database, so if someone try to steal or something else he can be found. I just asking myself why the reputation will be not available from the first version.
A decentralized database IS a database. The difference is that you store the information in blocks instead of in a server. And our concern are not due to external attacks, but we wonder about how to be sure that sellers, that are TOTALLY ANONYMOUS, can't take money and then disappear sending anything to the buyer...
Now for Bitboost, same principle applies using it's escrow system, payment for the item is held in an escrow contract and will be only released to the seller if both parties indicate that they are satisfied, or if a given period of time has passed without the buyer having opened a
dispute. If a dispute is opened, the designated arbiter will be granted control over the escrowed funds and must determine whether they should be returned to the buyer, transferred to the seller, or to both in some ratio depending on resolution. So with this no seller would run away with your money when you purchase item. Bitboost went an extra mile to introduce proposed reputation system where every seller and buyer will have a reputation rating derived from their conduct and the quality of their products during and after every transaction. Users with a low or negative reputation score may be filtered out, in order to protect all sellers and buyers from fraud and wasted time. Hope my explanation helps you have a better understanding?
it is a system which is simple and effective
Ok, thank you for clarify this. I've seen this methond on freelancer platforms, but I didn't know its name. It seems something enough sure for buyers. I don't think ebay and amazon have the escrow.
October 06, 2017, 03:58:43 AM
The main sale begins October 10th, shouldn't there be a countdown display on the site to stir up and arouse interests among prospective investors, also I guess ShooterXD the bounty manager should explain to everyone whose participating in bounties, your silence is been too long or better still updates on the spreadsheet would be helpful soonest to quench down the anxiety building up.
Oh, really? I'm sorry for this but it makes me lose confidence in the project. I believe that they have been very engaged, however, it is true that they would have had to answer.I still confidence with this project. Maybe bounty manager still prepare everything for the main sale, after that they will update spreadsheet, but usually the final update when ico ends because if bounty manager not update after ico ends all bounty hunter will complain
It's crazy to lose confidence in the project just because a missing answer!
Owners are very busy with (1) developement and (2) the research of big investors, all things in our own interest too! developement is very important because they have to show the beta that is running to the bug tests, also looking for important investors is a main task. you can forgive them if they are a bit busy in these days...
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