[ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 190.

phantam

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Bountyhive.io

Quote from: faulerwilli on January 31, 2018, 05:21:18 PM

I read in the whitepaper that you offer every user a free savings account. It is always good, to get something for free:-) But the question came to my mind how you will earn money at all. Is it just the tokens that are not on sale or will there be any fees or anything else?

He mentioned a few pages back it's a diversified fund 60% forex some crypto trading and some crypto diversified holdings and some other stuff I tried to find it but can't find the darn post but I'm sure you will find it if you go back a bit.

Basically interest comes from investment channels weighted heavily toward forex if I remember correctly but I'm sure they will chime in XD the admins seem very active to respond to questions like this but figured I'd post since I saw it earlier and I'm bored XD

faulerwilli

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I read in the whitepaper that you offer every user a free savings account. It is always good, to get something for free:-) But the question came to my mind how you will earn money at all. Is it just the tokens that are not on sale or will there be any fees or anything else?

rathaha10

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io.ezystayz.com

Quote from: rezzx on January 31, 2018, 04:26:31 PM

Quote from: Sozialtourist on January 31, 2018, 02:55:28 PM

Quote from: rezzx on January 31, 2018, 02:08:03 PM

Quote from: rathaha10 on January 31, 2018, 01:57:57 PM

Many Icos are telling us that the price will be 0.01 cent at the start, but how can you confirm this ? It seems to me that Icos just are telling the investors that it will be like that.

What do you mean? That the price in the ICO will be different than 1 cent? I don't think it will happen as the whole business plan is already built on 1 cent per token. I didn't see ICOs that changed the token price before the ICO, where did you this happened?

Of course, they can tell what price the token has at the start. They can just sell the tokens for 0.01 cent (or an equivalent in ETH/BTC) at the ICO.

Yes but they already published everywhere that the price of the token in the ICO will be 1 cent. I don't see how it is going change now. Changing the price now will create a pretty big chaos for them, everything is already calculated according to a certain price, what reason do they have to change it?

Yes, you are right it will be a chaos when they will change the price. It will destroy their planning that they have with their tokens. It will seem really weird to change your price with no reason. I would not invest in such a ICO when that happens.

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Zombie259 on January 31, 2018, 01:59:37 PM

The advantage is that many people can save even very small amounts and invest in cryptocurrencies. Above all, you can certainly inspire new guys who otherwise do not dare.

Yeah exactly crypto offers the opportunity for small investors to earn lots of money. I think Savedroid can help people create new wealth with it's ICO and token price. It can then help these people manage and preserve their funds with cryptosavings through its AI software.

rezzx

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Quote from: Sozialtourist on January 31, 2018, 02:55:28 PM

Quote from: rezzx on January 31, 2018, 02:08:03 PM

Quote from: rathaha10 on January 31, 2018, 01:57:57 PM

Many Icos are telling us that the price will be 0.01 cent at the start, but how can you confirm this ? It seems to me that Icos just are telling the investors that it will be like that.

What do you mean? That the price in the ICO will be different than 1 cent? I don't think it will happen as the whole business plan is already built on 1 cent per token. I didn't see ICOs that changed the token price before the ICO, where did you this happened?

Of course, they can tell what price the token has at the start. They can just sell the tokens for 0.01 cent (or an equivalent in ETH/BTC) at the ICO.

Yes but they already published everywhere that the price of the token in the ICO will be 1 cent. I don't see how it is going change now. Changing the price now will create a pretty big chaos for them, everything is already calculated according to a certain price, what reason do they have to change it?

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Owillz on January 31, 2018, 03:20:56 PM

Quote from: cryptossi on January 31, 2018, 03:15:27 PM

Quote from: BaliScript on January 31, 2018, 03:03:21 PM

Nice article shared by Savedroid on medium:
Next level for cryptocurrencies: When will Amazon accept Bitcoin payments?
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

https://medium.com/@ico_8796/next-level-for-cryptocurrencies-when-will-amazon-accept-bitcoin-payments-50b81a140ec8

Surely it's only a matter of time until Amazon start accepting a variety of the most popular cryptocurrencies. It will increase revenue and will also prove how forward thinking Amazon is as a company.

Yea. And I have a strong feeling that the very first coin to be accepted by Amazon will experience a huge rise in value. Might turn out to worth more than or equivalent bitcoin price

Yeah it will increase massively, off the scale growth. Imagine being invested in the first crypto to be accepted on the biggest retailer in the world! I always wonder about if these companies created their own coins. Amazon has the money and intelligence to create its own crypto and it would also save costs compared to partnering with an existing cryptocurrency.

Owillz

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Quote from: cryptossi on January 31, 2018, 03:15:27 PM

Quote from: BaliScript on January 31, 2018, 03:03:21 PM

Nice article shared by Savedroid on medium:
Next level for cryptocurrencies: When will Amazon accept Bitcoin payments?
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

https://medium.com/@ico_8796/next-level-for-cryptocurrencies-when-will-amazon-accept-bitcoin-payments-50b81a140ec8

Surely it's only a matter of time until Amazon start accepting a variety of the most popular cryptocurrencies. It will increase revenue and will also prove how forward thinking Amazon is as a company.

Yea. And I have a strong feeling that the very first coin to be accepted by Amazon will experience a huge rise in value. Might turn out to worth more than or equivalent bitcoin price

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: BaliScript on January 31, 2018, 03:03:21 PM

Nice article shared by Savedroid on medium:
Next level for cryptocurrencies: When will Amazon accept Bitcoin payments?
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

https://medium.com/@ico_8796/next-level-for-cryptocurrencies-when-will-amazon-accept-bitcoin-payments-50b81a140ec8

Surely it's only a matter of time until Amazon start accepting a variety of the most popular cryptocurrencies. It will increase revenue and will also prove how forward thinking Amazon is as a company.

BaliScript

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Activity: 140

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Nice article shared by Savedroid on medium:
Next level for cryptocurrencies: When will Amazon accept Bitcoin payments?
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

https://medium.com/@ico_8796/next-level-for-cryptocurrencies-when-will-amazon-accept-bitcoin-payments-50b81a140ec8

Sozialtourist

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Quote from: rezzx on January 31, 2018, 02:08:03 PM

Quote from: rathaha10 on January 31, 2018, 01:57:57 PM

Many Icos are telling us that the price will be 0.01 cent at the start, but how can you confirm this ? It seems to me that Icos just are telling the investors that it will be like that.

What do you mean? That the price in the ICO will be different than 1 cent? I don't think it will happen as the whole business plan is already built on 1 cent per token. I didn't see ICOs that changed the token price before the ICO, where did you this happened?

Of course, they can tell what price the token has at the start. They can just sell the tokens for 0.01 cent (or an equivalent in ETH/BTC) at the ICO.

rezzx

newbie

Activity: 70

Merit: 0

Quote from: rathaha10 on January 31, 2018, 01:57:57 PM

Many Icos are telling us that the price will be 0.01 cent at the start, but how can you confirm this ? It seems to me that Icos just are telling the investors that it will be like that.

What do you mean? That the price in the ICO will be different than 1 cent? I don't think it will happen as the whole business plan is already built on 1 cent per token. I didn't see ICOs that changed the token price before the ICO, where did you this happened?

gee777

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Quote from: tobson2 on January 31, 2018, 01:52:58 PM

Quote from: faulerwilli on January 31, 2018, 01:08:54 PM

The idea that you can automatically save money when reaching small goals is what I like. From the whitepaper I have the example with the 3 kilometers run, which are reported by the fitness app. I'm not an app programmer, so the question is: is it easy to open interfaces, or do you have to look for partner apps such as runtastic?

The Apple iHealth as well as the Google Health data have a public API.

Yeah.. It is actually not too difficult accessing API'S and add functions you want the app to perform

Zombie259

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The advantage is that many people can save even very small amounts and invest in cryptocurrencies. Above all, you can certainly inspire new guys who otherwise do not dare.

rathaha10

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io.ezystayz.com

Many Icos are telling us that the price will be 0.01 cent at the start, but how can you confirm this ? It seems to me that Icos just are telling the investors that it will be like that.

tobson2

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Founder & CTO at savedroid AG

Quote from: faulerwilli on January 31, 2018, 01:08:54 PM

The idea that you can automatically save money when reaching small goals is what I like. From the whitepaper I have the example with the 3 kilometers run, which are reported by the fitness app. I'm not an app programmer, so the question is: is it easy to open interfaces, or do you have to look for partner apps such as runtastic?

The Apple iHealth as well as the Google Health data have a public API.

Ace44

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Quote from: kaar on January 31, 2018, 10:51:39 AM

Quote from: Sozialtourist on January 31, 2018, 07:05:08 AM

So you are saying cryptocurrencies, in general, are not suitable to put money in for savings, because they are too volatile? I think crypto investing is very well a good opportunity. The volatility will get better over time once there are more people actually using it.

Right now it's not only volatility that stops people from investing in crypto. It's more the whole technical part with wallet, seed, private and public key (and of course security) that scare people away. And when savedroid can take away that whole technical part and make it super easy for everyone to save some money and put it in cryptocurrencies, I do think there will be a huge demand for it.

That is not what I said. I said that a savings platform based on crypto might not be suitable for the kind of people Savedroid are aiming for. Those people usually avoid super volatile options when it comes to their savings and prefer stability. I think they should aim more towards investments rather than savings. Once people are comfortable investing in the market, they might aswell use the savings, but the focus should be on the investments platform first.

Well, in my opinion, i think people have seen a lot of investment plans and many have gotten their hands burnt, now savedroid to me is more of savings,using a different approach, the project is more of helping out where an individual is deficient, in this case, savings, doing more of a banking job

faulerwilli

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The idea that you can automatically save money when reaching small goals is what I like. From the whitepaper I have the example with the 3 kilometers run, which are reported by the fitness app. I'm not an app programmer, so the question is: is it easy to open interfaces, or do you have to look for partner apps such as runtastic?

Sozialtourist

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Quote from: rezzx on January 31, 2018, 12:47:08 PM

Quote from: rathaha10 on January 31, 2018, 11:22:30 AM

Quote from: Gunny95 on January 31, 2018, 11:02:11 AM

So apparently there is no bonus when purchasing SVD tokens during the main sale, this will start from February the 9th until March the 9th where 55% of the tokens will be sold.

personally an ICO duration of 1 month is long, but the tokens will be listed on relevant exchanges asap after the ITS

Thanks for the information that you will not recieve any bonus when you invest on the main sale. I expect that the main sale will not last long, because the Pre-ICO sale went too quickly. I hope that they will list their coin to good exchanges.

I agree. If things haven't gone so well in the presale maybe a bonus would have been added to the ICO. But it looks like it won't take long before the hard cap will be reached. Bonus isn't really effective if everyone gets it is it?

As you said, a bonus is nothing special when everyone gets it.

In my opinion, the whole idea of a bonus should be, to reward the early investors during the presale and give them an incentive to invest money. With this, these investors, in some degree, also help to advertise the project. Because a sold-out pre-sale, like the one from savedroid, will definitely draw the attention to the main-ICO.

cryptodocIND

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great idea , all the best

ibininja

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Quote from: Gunny95 on January 31, 2018, 09:34:05 AM

Quote from: Nathan01 on January 31, 2018, 09:07:50 AM

Quote from: Gunny95 on January 31, 2018, 05:37:07 AM

I think KYC is extremely important, at all times you have to be able to explain the source of the funds you raise, especially when you have a tax audit. Investor's identity & residency are important parameters for this.

It is not so much to keep your account safe from scammers/hackers, but to protect your investment in the event that regulators raise questions about your investment and potentially freeze it untill it is clarified.

Well you have a solid point there as to why kyc is needed out here in the crypto space a lot of scammers and hackers out there but KYC should be easy and not too demanding else it's going to be discouraging for new investors... Savedroid could look into this and save us some stress too

I am not an expert in this field, but the opposite effect might also occur.
''White'' investors (those who pay their taxes as they should) demand compliance with regulations (KYC).
You are right that this has the opposite effect on investors who wish to remain anonymous.

You really can't get around this; ICOs need to provide proof of KYC to banks and legal entities to be able to cash out or even manage financial status with banks/governments. If it was up to ICOs i guess they would opt for not KYCing since the KYC process itself is costly and time consuming. If am not mistaken it is paid per application; so if you are KYCing say 1000, the numbers would be quite large. It is just no way around it unfortunately.

Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 190. (Read 55443 times)