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Topic: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK - page 68. (Read 30058 times)

full member
Activity: 448
Merit: 110
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

I think that's the best way to go about it. By so doing, you won't have to face the hassle of burning unsold tokens any more because You already know the required amount of tokens

Also, if you've invested into the ICO, the chances are you believe in the project so why are you insuch a rush to receive them if you're not interested in trading them which isn't the easiest option pre exchange
I agree i think if you invest in a project you expect it to hold it long term so there is indeed no rush for receiving them fast but it still feels safer if you have them by yourself.
full member
Activity: 546
Merit: 106
Bountyhive.io
wooow. BitFence, a platform like this one I expect, dares to be a cybersecurity solution to protect our data from hackers.
BitFence is amazing, can identify the hacker directly and inform it. I think BitFence will be at the forefront of government institutions, banking, statistical center data, private companies and others. good luck BitFence


there is someone very enthusiastic :-)
I'm more cautiously optimistic, you never know what's coming. But Bitfence has a head start on other competitors, so it may well be that you're right and the various institutions you've addressed will use bitfence in the future
As an investor, I hope very much that you are right :-)

Same for me, i think they've got a good concept, but will come down to implementation, software and hardware matter a lot in a project like this and i imagine as we see it start to come together we'll see how well its received as perception is another big deal. I feel they will do well, but no one ever really knows till its done. I'm super hopeful they can put together a sexy hardware box that people will be willing to order backed by a solid mining platform that trickles in some crypto while defending their network, its a great concept.
full member
Activity: 994
Merit: 140
wooow. BitFence, a platform like this one I expect, dares to be a cybersecurity solution to protect our data from hackers.
BitFence is amazing, can identify the hacker directly and inform it. I think BitFence will be at the forefront of government institutions, banking, statistical center data, private companies and others. good luck BitFence


there is someone very enthusiastic :-)
I'm more cautiously optimistic, you never know what's coming. But Bitfence has a head start on other competitors, so it may well be that you're right and the various institutions you've addressed will use bitfence in the future
As an investor, I hope very much that you are right :-)
member
Activity: 350
Merit: 16
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

I think that's the best way to go about it. By so doing, you won't have to face the hassle of burning unsold tokens any more because You already know the required amount of tokens

Also, if you've invested into the ICO, the chances are you believe in the project so why are you insuch a rush to receive them if you're not interested in trading them which isn't the easiest option pre exchange
member
Activity: 490
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.


It is true that it would a long time before you receive your tokens, but I think the impact to the value of the token is quite big if the team does decide to dump unsold tokens, burning them after token sale is perhaps better considering you get your tokens directly after purchase

Even if you get your tokens earlier you can't do  much with them as the token is usual opened in exchanges after the sale. Assuming you are not trading in ED or the likes. So i think it would not matter if distribution happens after the sale.
member
Activity: 252
Merit: 11
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.


It is true that it would a long time before you receive your tokens, but I think the impact to the value of the token is quite big if the team does decide to dump unsold tokens, burning them after token sale is perhaps better considering you get your tokens directly after purchase
member
Activity: 532
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

I think that's the best way to go about it. By so doing, you won't have to face the hassle of burning unsold tokens any more because You already know the required amount of tokens
member
Activity: 350
Merit: 16
wooow. BitFence, a platform like this one I expect, dares to be a cybersecurity solution to protect our data from hackers.
BitFence is amazing, can identify the hacker directly and inform it. I think BitFence will be at the forefront of government institutions, banking, statistical center data, private companies and others. good luck BitFence

This would be massive if it globally gets implemented, I think theres a long way to go yet, but I do think it's possible with the use of rasberry pi miners due to the ease of the setup and ease of earning tokens for catching hackers! very attractive
member
Activity: 672
Merit: 11
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

A lot is happening in the crypto world and upcoming projects are trying to be on the safe side by sticking to some rules and regulations that will benefit both parties involved, example is the issue of KYC, not like i'm been specific on this project but speaking on a broad concept of things, is best they do all that's needed before issuing out tokens but the amount of period to do such should be minimal
newbie
Activity: 250
Merit: 0
wooow. BitFence, a platform like this one I expect, dares to be a cybersecurity solution to protect our data from hackers.
BitFence is amazing, can identify the hacker directly and inform it. I think BitFence will be at the forefront of government institutions, banking, statistical center data, private companies and others. good luck BitFence
member
Activity: 490
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries.
I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens.

I dont think it would increase the price of tokens, the only way price can increase if people are placing buy offers after listing on exchange. Sure, people might be incentivized to do so when they know there are less tokens in circulation, but I think that as a consequence of token burning the main reason why the price would go up is because of reduced amount of sale offers

Agreed the only way price would increase is if the demand increases; burning might reduce supply but that does not mean the price would increase. It would all depend on the progress they make that is what is the most important bit.
member
Activity: 728
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

I stick by the fact that generation as they are sold is the best way as it really has the most all around best features to avoid upsetting or annoying people

It might be the best way but have you guys thought about what if it brings about a higher total supply.. Like billions of tokens for a single project.
full member
Activity: 546
Merit: 106
Bountyhive.io
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.

I stick by the fact that generation as they are sold is the best way as it really has the most all around best features to avoid upsetting or annoying people
full member
Activity: 448
Merit: 110
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
I agree a lot of people can become angry if they receive it later than expected usually i would love to have it direct when i purchase them but after the ico is also fine with me.
full member
Activity: 994
Merit: 140
Have you already dealt with mining? what do you think, where do we have the best chances with? There are three options:

1) The mining app for the computer
2) Mining with the RaspberryPi
3) pre-configured appliance for a virtualization container
full member
Activity: 616
Merit: 108
io.ezystayz.com
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.

Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO.
member
Activity: 252
Merit: 11
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.

Another interesting method is to create the tokens onse the token sale is over.
If there are unsold tokens, you just dont generate them.
full member
Activity: 616
Merit: 108
io.ezystayz.com
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.

True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way.
full member
Activity: 448
Merit: 110
BitFence miners can automatically detect and advises suspicious cyber related activities. They are also creating hacker-proof solution for businesses and end-users.

Miners are earning good money, and now they will detect hackers Smiley. They will be even more happy, because they will help this world to be a better world, and are earning for it.
Guys, Now I understand this project but still have few confusions here, like Bitfence can protect our systems from hackers. But Bitfence will protect our system from scammers also?
Don't be confused. Hackers and scammers both are two different things. Bitfence is protecting systems from hackers. We cannot identify  scammers.

The difference between a hacker and a scammer is, a hacker when break into your PC and steal your crypto, a scammer will ask you to login to their website, or invest in their 'ICO'.  Bitfence can't defend against that, people need to do their own due diligence, and realize that if something seems it's too good to be true, it usually is.

Well said man, I think the focus should be on hackers not scammers as a scammer only have access to your assets if you allow the suppose individual by sharing valuable information while hackers take your assets while all information are safely intact which is very scary.

I think the term "scammers" and "hackers" are often use interchangeably, i also would suggest that bitfence should come with a kind of education package in the form of video that clearly differentiate between an "hacker" and "scammer"
I agree this will help some people to understand the difference so that they know what they are investing in Bitfence protects against hackers not scammers.
jr. member
Activity: 238
Merit: 1
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens.
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