Topic: [ANN][HASH][POS] CLEVERHASH COIN [SATOSHIS CLOUD MINING] X11 X13 X15 ASIC MINER - page 17. (Read 102652 times)

50cents - $ 10 range for Chash, I am not too sure that is going to happen, particularly if the asking price for the miners do not change. If the price for the hardware remains the same the price cant go beyond 95 cents per coin. If it does go beyond 95 cents you would be at the same discount as boom. If it goes beyond $1 you would be better off ordering the hardware with bitcoin unless you could buy a heap of boom and order while the price has been pumped up buy a huge buy on boom coin on the exchange, but this would only work if the cleverhashes website honors boom coin at the price on the exchange at the time of order.

also remember the chash price is fixed at 0.00138125 so the lower price per bitcoin the better your discount, the higher price you pay for bitcoin eats into the discount.
right now bitcoin is at $ 351 so price is 0.4848 per chash for 52% off
if the price was $700 there would be no advantage, or the same as simply holding on to your bitcoin.

the only advantage to chash in regards to the hardware is the discount. Once there is no discount there is no advantage and there will be no demand.   
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If the price of Bitcoin is $350 and CHASH goes up to 0.01428571 (10x+), CHASH = $5.00. So you only need 1500 coins instead of 3750. Cleverhash will honor the market value for products the market price goes over $1.00. The market will go up as the pre-order quanity gets lower because not all CHASH buyers are looking to invest in products, just the market. the higher the market goes the more we can buy with the few coins that will be in existance.  People would not spend 10BTC at one time on this coin for a 50% discount. They plan to up the market value greatly.

Excellent.

Thanks for your support coinut,

Please do read in depth our whitepaper and supporting documents. There is far more in development than just discounts for hardware. We have been expanding the team of developers to include some of the most reputable developers in our industry that have innovated some of the most advanced crypto-currencies you see today. The p2p cloud mining platform will change the way cloud mining is operated forever, block-chain 2.0 applications are just beginning to be implemented in our industry. There are limitless ways to encourage demand with platforms that provide the community with value. We look forward to building an environment where you can benefit and build your business from.

Tipbot is now running in IRC channels #boomcoin.net and #cleverhash on freenode.  Come join our group!  Boomcoin for now.

There is no cap on the price of CHASH. CleverHash guarantees a minimum value of 1$ per CHASH if used for their miners. They do not set an upward limit. Keep that in mind. There are many reasons for investing. Guaranteed 50% discount for purchase of their miners is just one of them. It is only the floor.

You haters dont seem to understand. The destruction of remaining tokens will provide a high demand. The tokens sold will never be less than 2x the current value at clever hash. It is possible that one coin could go from 50cents - $10 by the time the pre-sell is over. If you buy 7,499 tokens now and they end up being worth $10 you can buy  10 miners or cash them in at the exchange for a huge profit. Not much has been sold but I have seen at least 6 sells for 10+btc each. Every ICO I have seen with huge single sells have went at least 10x above buy-in. Im not saying this one will and I dont know anything behind their project other than whats on here but the coin itsself is worth buying a few of even if you are scared.
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50cents - $ 10 range for Chash, I am not too sure that is going to happen, particularly if the asking price for the miners do not change. If the price for the hardware remains the same the price cant go beyond 95 cents per coin. If it does go beyond 95 cents you would be at the same discount as boom. If it goes beyond $1 you would be better off ordering the hardware with bitcoin unless you could buy a heap of boom and order while the price has been pumped up buy a huge buy on boom coin on the exchange, but this would only work if the cleverhashes website honors boom coin at the price on the exchange at the time of order.

also remember the chash price is fixed at 0.00138125 so the lower price per bitcoin the better your discount, the higher price you pay for bitcoin eats into the discount.
right now bitcoin is at $ 351 so price is 0.4848 per chash for 52% off
if the price was $700 there would be no advantage, or the same as simply holding on to your bitcoin.

the only advantage to chash in regards to the hardware is the discount. Once there is no discount there is no advantage and there will be no demand.   

You haters dont seem to understand. The destruction of remaining tokens will provide a high demand. The tokens sold will never be less than 2x the current value at clever hash. It is possible that one coin could go from 50cents - $10 by the time the pre-sell is over. If you buy 7,499 tokens now and they end up being worth $10 you can buy  10 miners or cash them in at the exchange for a huge profit. Not much has been sold but I have seen at least 6 sells for 10+btc each. Every ICO I have seen with huge single sells have went at least 10x above buy-in. Im not saying this one will and I dont know anything behind their project other than whats on here but the coin itsself is worth buying a few of even if you are scared.

Please forgive my ignorance, but who will be providing the processing power to run the CHASH blockchain?

I'm fairly new to cryptocurrencies, but I have the understanding that in a Proof of Work system, miners work together to administer the blockchain and in a Proof of Stake system, running your wallet so your shares stake helps accomplish this. Perhaps my understanding of cryptocurrencies is flawed, but if CHASH is neither PoW or PoS... who provides processing power to its blockchain?

We believe the sky's the limit with BoomCoin.

Also to answer your question about pre-orders. Cleverhash.com has received a makeover and will be launching the new site next week, ordering will be capped at 3000 units.

When will the pre-order begin? And will the preorder last until all miners are ordered or will there be a cutoff date?

Thats sounds good. So theoretically, boomcoin could end up with a value of $1.00 each like CHASH.

No Boomcoin will not be destroyed. 

At Cleverhash.com we will be accepting Boom for a payment option.

Also if payment is made in Boomcoins you will receive a 5% discount.

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I can confirm that all CHASH not sold at Bittrex will be destroyed. When the website goes live for pre-orders, we will be accepting Bitcoin, Credit cards, Debt/ach for full retail price. Only Boomcoin & CHASH will receive the discounts.
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Does that mean boomcoin will be destroyed too? How does the discount work for boomcoin holders?

Great question!   We will be putting up a buy wall, proportional to the amount of Cleverhash sold. 

Seriously considering buying in.

The OP in this thread states that a 145 BTC buy wall will be posted on Bittrex to ensure the price doesn't go below about $0.50 (at least, for a while) if the ICO sells out.

Will there by any smaller such buy wall in place if you don't sell out?

when the website will go live, is exact date?

I can confirm that all CHASH not sold at Bittrex will be destroyed. When the website goes live for pre-orders, we will be accepting Bitcoin, Credit cards, Debt/ach for full retail price. Only Boomcoin & CHASH will receive the discounts.

wouldnt it be better if the dev confirm this

Just to answer a few questions I've seen asked on other forums, and twitter:

First of July is ship date, actually. And the website will accept CC and other payment options if you prefer to go that route later. This CHASH offering is a special promotion and gives a 50% discount if you use the CHASH to order the ASICS.

It has been confirmed that any unsold CHASH will be destroyed. 25 hours left to buy in.

I have 500 chash... i'm willing to sell them for 2.5USD a piece