Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 157. (Read 55441 times)

What do you mean with platform to be tested on? The app will be available in Apple's App Store and Google's Play Store.

Coinmama is small, its not in the top 10, not even top 20 when using volume to rank anywhere to buy crypto in the entire planet earth.
Sure you can find one example to fit the narrative that 7.5% is not a bad fee. Nice

I have already gone through and caculated what it costs to buy at coinbase with CC and it is still significantly less than 7.5% , it is in this thread, so it should be easy to find, just like the German text explaining what part of the ICO TÜV checked, what part of the whitepaper tells people how much it costs to buy crypto with the app, and also as easy to find as the so called "working product" that is advertised in the ICO, not the product that uses banks, that has nothing at all to do with the token or the ico whatsoever.


Even crypto noobs know that it doesnt cost 7.5% at ANY other exchange  ,and yes, they will learn through pain if they use the app and see how they are not saving money, but how the money gets smaller and smaller paying that fee. Then they will leave.


It is a bad percentage , please think   "savings app, please pay 7.5% each time you buy crypto"

The 7.5% is for a buy or sell and not based on any asumptions at all, in fact it was confirmed by the team, that it is not 15% but indeed 7.5% that two actions they expect per month. Now if that is just what they think people will do, or if that is what the AI will suggest they do to meet the 15% , who knows. There is zero way to verifiy this AI.



https://ico.savedroid.com/savedroid%20tokenmodel.xlsx

What you mean, you didnt just find it, it is right on the xlsx, that is interesting isnt it. "hey what is this thing?" meh, go read the white paper bro, go on the site, bro, google search, it is clearly there,,   

but if you ask
"what is up with the 7.5%" silence


Some questions get answered faster and more clear than others.

The sale is going quite well and an exchange listing is already announced and even more exchange listing will be announced in a few days, the team does a good job with customer service

That's nice but do they say the platforms it will be tested on? Seems I skipped that part in the white paper

It's an established fact that Savedroid token will be sold out real soon, reaching 3b tonight looks achievable. As for the influx of negativity i believe it's a normal trend that happens in crypto most times to make people miss out on good project like savedroid.

It's not a badpercentage, its just i think other fiat->crypto hide the exchange fee pretty well that you don't realize how much it is...

Example coinmama has BTC at :9,203.54 current trading price of BTC on exchanges is 8,771.19 so around 5.5% "fee" for use of the service... Add to that payment processor fees for CC/Paypal/Wire and i'm pretty sure it closes in on 10% depending on their processor.

So the estimated 7.5% was a high estimate it seems but like you said its based on assumptions so :S

There is no source as the 7.5% is just an example calculation preset in the token model, not even as a fee more as overall earning including spreads etc. As also stated by @ibininja a fee is something which has to be adjusted to the market, therefore we published the token model where everyone can make his own assumptions on a possible price scenario.

I do not want to go into most of this very critical poster, he does not even seem to be able to find a link under a logo.
I would only care if this 7.5% fee is correct when buying and selling cryptocurrencies. That would be way too high for me. But I have not found any information in this regard, does anyone have an exact source?

I think the fees can be restructured as the project develops; if the fees are high there would not be much traction there and the team will be forced to change that; I think the fees is something that can restructured with ease especially if most of the community addressed that as an issue the team will listen. However I think one major advantage that is not getting much attention is the fact that they have traction generated before the ICO; so we know the product works and growing. What is more is the 1 mil seed investment. Landing a seed investment with that value (1 mil) is basically valuating the company at a some millions; not sure what equity is owned by the team but it is not easy securing that fund when you are a seed; If you are raising round A or B maybe we can say that that amount translated from the profit evaluation but you are speaking of a seed investment, not many startups get funded at that stage with that much money. That should mean something.

hahhaha


I have no agenda against anyone. I am simply pointing out facts and stating my opinon. 


Please dont mislead people, please really do not do that.

Your crypto product is not live, it doesnt work. We dont see it, we cant use it. In that case it doesnt exist. No you dont have a working product that has anything to do with savedriod token or the ico, no there is no product related to the ico that is live right now. Please do not mislead people. If im wrong, link us to the download. That would be great. I hope the working product can show us in a transparent way how much it costs to buy or sell crypto.


There is a logo on the bottom right of the ICO page,    you know the one where you ,              give them money.


There is no link.

It looks at a very minimum as if some part of the ICO was checked by the TÜV, but guess what




It has not.

When you put the logo on the page like that,    then expect questions about it. Really it is not amazing to ask questions about things that you put in the forefront of your website. You should be really happy to answer these questions and they should be really really really easy to answer.



This is not fud, this is just the truth, and the team has had every chance in the world to make a really clear simple answer, but instead they send people to talk about so called "FUD". If the answer to every critical question is "go read the whitepaper"   "look in google" or "go read some german document" then im sorry that is not enough.



This is an app that say it is for noobs,     it charges an amazing 7.5%  each time you buy or sell crypto, yes 7.5%   

I will never ever accept an app that advertises itself as trying to promote crypto to the "masses" with those kinds of fees,  it is more like how do we make the masses rekt. On top of that they talk bad about "offshore icos" that are "shady" and dont offer the investors any protection, but guess what, the token holders of savedroid have zero protection, they are in the exact same boat as any other ico. The way to dance around questions is just to make enough noise, with enough sockpuppets and just go forward, this will just increase the signal of the truth, of how this app works with the revenue model as staded in the savedriod documentation. Furthermore as soon as every noob figures out that the app charges such high fees, and that they pay for the app every month then they will just leave the app, they learned that if you use a third party to make things "easy" you pay a whole lot, and there is not an AI out there that will recover a 15% spread.

Yes, it's nice to see that the ICO keeps going well and that steadily tokens get sold. If this can continue in that pace, we might see a sold-out ICO very soon.

You've said it all, this is one of the best ICOs of this year and i'm glad to be part of the community, there is no communication gap, i usually find it hard investing in ICOs because of some personal bad experiences and frankly, it took me sometime to join savedroid, i followed this thread judiciously before investing and i believe i made the right decision, my personal opinion

Nearly 2.7 Billion tokens sold this is nuts lol i get the feeling their going to crack 3b later tonight or early tomorrow morning, a truely impressive feat for the team, especially given the short time frame...

I don't understand why there seems to be an influx of recent of people being negative and trying to spread fud, but i just enjoy stopping in to see how the ICO is going :S

I love the award winning AI algorithm savedroid has i think people will and need to invest very early in this coin that way you can make a lot of profit because this is very promising ico.

In Q2 2018 Savedroid will be launching "Exclusive beta launch of self-learning AI algorithm enabling convenient cryptosaving in Bitcoin, Ethereum, and Bitcoin Cash for ICO token holders only"

Yeah I think Krach made an error and didn't notice this information CLEARLY on the Savedroid website, but it's okay everyone make mistakes don't take it to heart.

Not really sure why Krach has an agenda against Savedroid.

Savedroid has TUV certificate, working product, responsive/hard-working team, massive support and high demand.

This was one of my concerns originally, but I'm glad they have now publicly listed the team and are fully transparent, over 2.5billion tokens sold already, I will be surprised if this main-sale doesn't sell out within this week

Wow! This is amazing... The project is now visible with the team face out... German project has always proven itself.. 2 billion tokens sold out... Amazing... Has the ICO been concluded now? Have not been around

Yeah, but there are also levels (kyc). Here is what you have to do if you want to buy more tokens from savedroid.

Level 1:   10.00 - 849.99 €   capturing name and country
Level 2:   850.00 - 4,199.99 €   Level 1 + photo of ID card or passport + selfie
Level 3:   4,200.00 - 8,499.99 €   Level 1 + Level 2 + proof of address via utility bill (if not included on ID card)
Level 4:   >= 8,500.00 €   Level 1-Level 3 + capturing source of funds
Big deals:   >= 100,000.00 € further proof of source of funds on request

I don't see a reason here either why you should take the fact that Savedroid is certified by the TÜV and uses the names of "famous" investors (I don't say their names must be known to everybody) for advertisement and turn it against the project, in order to make it look bad.