Author

Topic: [ANN]PECULIUM - First Saving System in Crypto Driven by AI - page 145. (Read 66417 times)

member
Activity: 532
Merit: 10
just a food for thought, everyone is excited about Artificial Intelligence and its adaptation in the blockchain but no one is talking about the elon musk effect and all the what if's of AI(negative sides)

There is most times disadvantages that come with most things in life. AI is not excluded in anyway, using of artificial intelligence depends on personal decisions. Compare the positive with the negative and weigh your options. Go for the one that suits you most
member
Activity: 728
Merit: 10
just a food for thought, everyone is excited about Artificial Intelligence and its adaptation in the blockchain but no one is talking about the elon musk effect and all the what if's of AI(negative sides)
member
Activity: 140
Merit: 11
Hey guys, I can't seem to find the AI predictions for today / rest of the week.

Can anyone see them?? not sure if I'm being an idiot

Yes I see them, here are the links:

https://bitcointalksearch.org/topic/m.26641387 for litecoin, dash, eth

https://bitcointalksearch.org/topic/m.26641241 for bitcoin

Or do you mean something difference than these links?

Maybe you mean the prediction results of the bot, no I dont see them either actually
full member
Activity: 994
Merit: 140
Hey guys, I can't seem to find the AI predictions for today / rest of the week.

Can anyone see them?? not sure if I'm being an idiot

it was the last day yesterday for the prediction-contest. was a lot of fun, hope they will do something like this again soon.
what were your results?
member
Activity: 350
Merit: 16
Hey guys, I can't seem to find the AI predictions for today / rest of the week.

Can anyone see them?? not sure if I'm being an idiot
full member
Activity: 868
Merit: 104
AI-based market predictions looks like to be trending now. Peculium is one of the coins that offers even more. I'm really excited.

Yep keep seeing coins try to tap into the AI field, but peculium seems to be one of the first ones to demo their SIEVE and actually show how accurate it is which a big step in the right direction for the ICO.

Having a product and demonstrating it, is definitely not a joke. There are lots of projects coming for ICO saying that they will produce in two years from now and so on. Peculium is way too far away from such projects. I will support this project fully without any hesitation.
member
Activity: 70
Merit: 10
...

In my eyes, the Howey Test is a tool for the US tax authority to declare any business U.S tax liable. It is a joke what the US has admitted to the financial market for rights. I hope that projects based on ETH such as Peculium never come under this regimentation, the anonymity in the crypto world is an important building block there.
No it's not. If something is a security, in the US Law you have to be an accredited investor to be able to buy it. So you and me and every tomboy out there are not allowed to buy it as it's seen as a too risky investment for us.

Exchanges are big corps and thus subject to scrutiny from the authorities and they don't want troubles, so they don't allow securities in big exchanges. That's why there have been plenty of delistings lately and it has become harder and harder to be listed in trex.

Okay, I did not consider this subject now. But I find it curious that the US rated an investment as too risky.
member
Activity: 532
Merit: 10

Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.

Nice points, maybe we can get an answer from the mods. For me it doesnt matter wether IT is Just available in etherdelta. I made some nice Profits there. But for newcomers this could be a reason not to Take part in Ico. Better idea, I will ask that in telegram.


Etherdelta is actually a good trading platform once you know how to use it. I once hated them until I understood it. But the only issue I have with them in their candle sticks and inability to look far back in time beyond what the site is giving you. As  well as inability to use indicators.
member
Activity: 140
Merit: 11
I saw this tweet from peculium:

Our #PreICO is live! Hurry and get the 35% Bonus !
We only take purchases through our TGE platform. Please be careful! https://tge.peculium.io/user/login


Why are they saying to be careful? Did I miss something?
member
Activity: 490
Merit: 10

Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.

Nice points, maybe we can get an answer from the mods. For me it doesnt matter wether IT is Just available in etherdelta. I made some nice Profits there. But for newcomers this could be a reason not to Take part in Ico. Better idea, I will ask that in telegram.

Did you get an answer from the devs in telegram? I mean this thing can be a deal breaker for quite many people. It would be nice if devs could verify this.

In most cases I believe exchanges want to see traction to list; I am curious to see which exchanges they will be able to secure before the sale.
full member
Activity: 121
Merit: 123

Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.

Nice points, maybe we can get an answer from the mods. For me it doesnt matter wether IT is Just available in etherdelta. I made some nice Profits there. But for newcomers this could be a reason not to Take part in Ico. Better idea, I will ask that in telegram.

Did you get an answer from the devs in telegram? I mean this thing can be a deal breaker for quite many people. It would be nice if devs could verify this.
full member
Activity: 266
Merit: 100
...

In my eyes, the Howey Test is a tool for the US tax authority to declare any business U.S tax liable. It is a joke what the US has admitted to the financial market for rights. I hope that projects based on ETH such as Peculium never come under this regimentation, the anonymity in the crypto world is an important building block there.
No it's not. If something is a security, in the US Law you have to be an accredited investor to be able to buy it. So you and me and every tomboy out there are not allowed to buy it as it's seen as a too risky investment for us.

Exchanges are big corps and thus subject to scrutiny from the authorities and they don't want troubles, so they don't allow securities in big exchanges. That's why there have been plenty of delistings lately and it has become harder and harder to be listed in trex.
member
Activity: 70
Merit: 10
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.
Can you please elaborate on the "Howey test"? From reading the dev comments in this thread it is implied that it will be featured in "normal" exchanges as well as the usual ED token exchange.

--ypsi


Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.

I am not sure what exactly means with HOWEY test. could you please explain it further? Why only ED supports such dividends and not other exchanges? It would be nice to understand this further.

The "Howey Test" is a test created by the US Supreme Court for determining whether certain transactions qualify as "investment contracts." If so, then under the Securities Act of 1933 and the Securities Exchange Act of 1934, those transactions are considered securities and therefore subject to certain disclosure and registration requirements.

Under the Howey Test, a transaction is an investment contract if:

    It is an investment of money
    There is an expectation of profits from the investment
    The investment of money is in a common enterprise
    Any profit comes from the efforts of a promoter or third party

Although the Howey Test uses the term "money," later cases have expanded this to include investments of assets other than money. The term "common enterprise" isn't precisely defined, and courts have used different interpretations. Most federal courts define a common enterprise as one that is horizontal, meaning that investors pool their money or assets together to invest in a project. However, other courts use different definitions.

The final factor of the Howey Test concerns whether any profit that comes from the investment is largely or wholly outside of the investor's control. If so, then the investment might be a security. If, however, the investor's own actions largely dictate whether an investment will be profitable, then that investment is probably not a security.

All the major exchanges are avoiding any token that might be a security like the plague.

For further reading https://blog.coinbase.com/2016-12-07-blockchain-token-securities-law-a66ef03c383f and https://www.manhattanstreetcapital.com/faq/for-fundraisers/how-determine-if-token-security-howey-test

In my eyes, the Howey Test is a tool for the US tax authority to declare any business U.S tax liable. It is a joke what the US has admitted to the financial market for rights. I hope that projects based on ETH such as Peculium never come under this regimentation, the anonymity in the crypto world is an important building block there.
full member
Activity: 546
Merit: 106
Bountyhive.io
Honestly the howey test is annoying and the way their applying it is just making everything more f*cking confusing than anything else, their indecision and applying it only when they want is whats driving the market insane.

Though i will agree its smart for ICO's to decide hard and firm if their going the KYC or Non-KYC way especially when it comes to US residents.
full member
Activity: 266
Merit: 100
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.
Can you please elaborate on the "Howey test"? From reading the dev comments in this thread it is implied that it will be featured in "normal" exchanges as well as the usual ED token exchange.

--ypsi


Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.

I am not sure what exactly means with HOWEY test. could you please explain it further? Why only ED supports such dividends and not other exchanges? It would be nice to understand this further.

The "Howey Test" is a test created by the US Supreme Court for determining whether certain transactions qualify as "investment contracts." If so, then under the Securities Act of 1933 and the Securities Exchange Act of 1934, those transactions are considered securities and therefore subject to certain disclosure and registration requirements.

Under the Howey Test, a transaction is an investment contract if:

    It is an investment of money
    There is an expectation of profits from the investment
    The investment of money is in a common enterprise
    Any profit comes from the efforts of a promoter or third party

Although the Howey Test uses the term "money," later cases have expanded this to include investments of assets other than money. The term "common enterprise" isn't precisely defined, and courts have used different interpretations. Most federal courts define a common enterprise as one that is horizontal, meaning that investors pool their money or assets together to invest in a project. However, other courts use different definitions.

The final factor of the Howey Test concerns whether any profit that comes from the investment is largely or wholly outside of the investor's control. If so, then the investment might be a security. If, however, the investor's own actions largely dictate whether an investment will be profitable, then that investment is probably not a security.

All the major exchanges are avoiding any token that might be a security like the plague.

For further reading https://blog.coinbase.com/2016-12-07-blockchain-token-securities-law-a66ef03c383f and https://www.manhattanstreetcapital.com/faq/for-fundraisers/how-determine-if-token-security-howey-test
full member
Activity: 994
Merit: 140
The Peculium private sale registration closed with almost ~2 million $ pledged! wow thats huge.
next phase will be the Pre-ICO starting on December 17th until December 21th - Where I can check the current sales figure?

I'm confused, I do not know all the sales anymore. So there was already a private sale? and that has nothing to do with the pre-ico? and after the pre-ico there is still another ico? I always thought pre-ico and private-sale are the same, but I was wrong. I think I need an AI for help

Cheesy... private sales are for PRIVATE investors. You have to register to take part, normally. Pre sales are for everyone, but with a higher minimum amount for participation than in main ico.

ares, you saved me, thanks a lot for this explanation.
But now I'm disappointed that I missed the registration for the private sale. With my current knowledge about the project, I would certainly have participated. but pre-ico is nice too
full member
Activity: 546
Merit: 106
Bountyhive.io
AI-based market predictions looks like to be trending now. Peculium is one of the coins that offers even more. I'm really excited.

Yep keep seeing coins try to tap into the AI field, but peculium seems to be one of the first ones to demo their SIEVE and actually show how accurate it is which a big step in the right direction for the ICO.
newbie
Activity: 11
Merit: 0
AI-based market predictions looks like to be trending now. Peculium is one of the coins that offers even more. I'm really excited.
full member
Activity: 616
Merit: 108
io.ezystayz.com
For any french speakers, here is a link to an article about Peculium:


If you're a French speaker, have a look at this "Les Echos.fr" article about Peculium!
http://ow.ly/ALZN30hkZsQ

Good find Bali, can anyone translate this - would be good to have another read from a different source ( point of view )

I think that there are a lot of English articles already available when you look at the bounty spreadsheet from Peculium. It is worth reading it to know more information about the ICO.
full member
Activity: 546
Merit: 106
Bountyhive.io
For any french speakers, here is a link to an article about Peculium:


If you're a French speaker, have a look at this "Les Echos.fr" article about Peculium!
http://ow.ly/ALZN30hkZsQ

Good find Bali, can anyone translate this - would be good to have another read from a different source ( point of view )


I dont think anyone would go through so much trouble in translating, if there is no bounty for it Smiley But good idea, maybe someone can just tell in a few words what the article is about

Machine translated: https://pastebin.com/czxnSvJc its readable though Smiley Decent read and basically glosses over the general gist of blockchain info etc. They didn't realy disclose anything we didn't already know from the site/forum.
Jump to: