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Topic: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER *** - page 63. (Read 138900 times)

member
Activity: 252
Merit: 10
It has dropped 10% in one day, I was thinking of trading it against ETH for a short while and then buy it back again in a few days when it possible has dropped more, smart to do or dumb move?
SZX
sr. member
Activity: 390
Merit: 253
https://coinmarketcap.com/currencies/power-ledger

Circulating Supply 350,349,266 POWR
Total Supply 1,000,000,000 POWR

Where 649,650,734 POWR  Huh
member
Activity: 196
Merit: 10
Is it too late to invest? pffft it's one month old and has signed contracts in 3 countries so far that we know of ..

how many more counties could they go to? well Airbnb is in 191 countries now in less than 10 years & is valued at 30 billion.

Power Ledger has a market cap of US $286 million after 17 days trade.

Aha! Found the POWR article I was looking for - check this out, from ABC News Australia wide, great explanation of POWR:

You've heard of selling your
excess solar power back to the grid,
but what about cutting out the middle man
and directly on-selling to your neighbour instead?

http://www.abc.net.au/news/2017-10-11/blockchain-technology-fuels-peer-to-peer-energy-trading-start-up/9035616
full member
Activity: 364
Merit: 100
ok quick recap of why Power Ledger is doing so well IMO.

1. Its more than 10x its ICO value (Life-changing for some of those those who bought in then) and still growing super strongly week on week.

2. How many other Crypto's have: - full open backing/multi-million dollar grants of a first world national government (Hello from Australia!)
                                               - 2 universities on the team
                                               - CSIRO as partners (Commonwealth Scientific and Industrial Research Organization of Australia - you          know.. where wifi was invented)  as well as the Federal Aust' Governments Digital Transformation Department.                                                                          .                                              - Used blockchain to essentially create a digital emmissions trading scheme.
                                               - created a data ledger to track household energy consumption allowing neighbours to trade excess energy or shortages with each other and in the process creating much cheaper power systems (Hello India, China Africa!)

3. The fact that its based on Renewable Energy and you can invest at any level makes it attractive for all Renewable lovers & those who are keen to stop climate change wrecking the planet (lets go and Solar + Battery power India & shut down some coal-fired power plants for the planet yeah?)

4. Large whales were blocked from bulk buying at the Initial Coin Offering level - so this is a grassroots one for the people & smaller investors in general hence why you're not seeing big fake pump n dump vertical lines on the charts.

5. Big First Mover advantage - they are way out in front of anyone else with their already developed & tested / operating microgrid solar +battery tech + they are locking down big markets in their first month after ICO (India, Australia, Thailand)

6. POWR has just inked a deal with Origin Energy Australia that supplies 4.1 million customers with electricity & gas in THE MOST EXPENSIVE electricity market in the world** (YEP its 2 to 3x more $$$ for electricity in Australia than in the USA) so just use your imagination as to how keen ppl will be to get on board the AIRBNB of Electricity and start saving some serious money.

** http://www.afr.com/news/australian-households-pay-highest-power-prices-in-world-20170804-gxp58a


THINK about this - If other federal governments see this Independent but Australian Govt backed currency take off, revolutionize energy trading & take it out of the hands of a few ultra wealthy companies and put it in the hands of the people across Australia, India, Thailand & whatever counties they sign up next - like Airbnb did for vacations & uber for rideshares - and be hugely successful, this could open doors to other governments starting to want to compete by backing the R&D of cryptos in their own nations and then open up the floodgates for Crypto to become more mainstream & widely accepted & used across society.

It could also help lift a truckload of people out of poverty in third world nations - its much easier to start a business if you can get power...

I've traded in about 75% of my other coins (keeping 25% for safety as I can see the potential of this stock continuing to grow for at least a few months faster than the rest of the sector and looking to hold for at least 1-2 years I reckon)

Q for the old hands.. has there been another coin to zoom from the market cap ranking no. 970s go inside the top 30 inside 3 weeks before?

Nice summary, thanks for compiling it. Have some pwr from the ICO and it performs beyond my highest expectations.
member
Activity: 196
Merit: 10
ok quick recap of why Power Ledger is doing so well IMO.

1. Its more than 10x its ICO value (Life-changing for some of those those who bought in then) and still growing super strongly week on week.

2. How many other Crypto's have: - full open backing/multi-million dollar grants of a first world national government (Hello from Australia!)
                                               - 2 universities on the team
                                               - CSIRO as partners (Commonwealth Scientific and Industrial Research Organization of Australia - you          know.. where wifi was invented)  as well as the Federal Aust' Governments Digital Transformation Department.                                                                          .                                              - Used blockchain to essentially create a digital emmissions trading scheme.
                                               - created a data ledger to track household energy consumption allowing neighbours to trade excess energy or shortages with each other and in the process creating much cheaper power systems (Hello India, China Africa!)

3. The fact that its based on Renewable Energy and you can invest at any level makes it attractive for all Renewable lovers & those who are keen to stop climate change wrecking the planet (lets go and Solar + Battery power India & shut down some coal-fired power plants for the planet yeah?)

4. Large whales were blocked from bulk buying at the Initial Coin Offering level - so this is a grassroots one for the people & smaller investors in general hence why you're not seeing big fake pump n dump vertical lines on the charts.

5. Big First Mover advantage - they are way out in front of anyone else with their already developed & tested / operating microgrid solar +battery tech + they are locking down big markets in their first month after ICO (India, Australia, Thailand)

6. POWR has just inked a deal with Origin Energy Australia that supplies 4.1 million customers with electricity & gas in THE MOST EXPENSIVE electricity market in the world** (YEP its 2 to 3x more $$$ for electricity in Australia than in the USA) so just use your imagination as to how keen ppl will be to get on board the AIRBNB of Electricity and start saving some serious money.

** http://www.afr.com/news/australian-households-pay-highest-power-prices-in-world-20170804-gxp58a


THINK about this - If other federal governments see this Independent but Australian Govt backed currency take off, revolutionize energy trading & take it out of the hands of a few ultra wealthy companies and put it in the hands of the people across Australia, India, Thailand & whatever counties they sign up next - like Airbnb did for vacations & uber for rideshares - and be hugely successful, this could open doors to other governments starting to want to compete by backing the R&D of cryptos in their own nations and then open up the floodgates for Crypto to become more mainstream & widely accepted & used across society.

It could also help lift a truckload of people out of poverty in third world nations - its much easier to start a business if you can get power...

I've traded in about 75% of my other coins (keeping 25% for safety as I can see the potential of this stock continuing to grow for at least a few months faster than the rest of the sector and looking to hold for at least 1-2 years I reckon)

Q for the old hands.. has there been another coin to zoom from the market cap ranking no. 970s go inside the top 30 inside 3 weeks before?
member
Activity: 252
Merit: 10
I understand this was my first purchase this morning, although bought on the Bullish at $0.89, but I'm happy to sit it out, and not let emotions ruin it.

Lots of research into this token beforehand before purchasing.

I feel good about its future.

Good job! Agree, hope they will get big contracts with power suppliers.
member
Activity: 252
Merit: 10
Lots of newbie accounts here.......

Looks like a correction is incoming, take profits while you can!  This is hitting 9K sat before we move up again.

Yup it was always going to correct, glad I bought some on the dip and not the high (seriously wtf) and hopefully others took that advice to. Will buy some more if it continues to dip also. Solid project  Smiley

Oh I overestimated you.
A dip of about +/-1500 sats in a context with such a high std deviation is what you were waiting for and for you is a correction?
Man... from where are you coming for? Pizza delivery boy? My posts count doesn't mean that I'm newbie. I traded normal markets as a market maker at institutional level long before you were born.

Well I've been trading crypto long before you knew what crypto was.  I'm not implying newbies don't know anything about trading or even that newbies don't know anything about crypto.  I'm implying that there are quite a few obvious shills.  Are we measuring dicks or can we just talk about the coin like civilized people?

  Sorry, my prediction was 500 sat off......thus far.

Ok, yes newbie as forum member does not automaticlly mean they are also newbie in cryptobusiness
full member
Activity: 486
Merit: 100
I understand this was my first purchase this morning, although bought on the Bullish at $0.89, but I'm happy to sit it out, and not let emotions ruin it.

Lots of research into this token beforehand before purchasing.

I feel good about its future.
hero member
Activity: 2002
Merit: 516
is it too late to invest now ?

It was $0.05 at the 1st Nov, and $0.80 now.  Its up to you, but Bitcoin started somewhere, and this has a product behind it

True, the price has increased significantly, but in my opinion it is only the beginning. The project develops very actively. This may be one of those 100x investments .. I hope Wink
member
Activity: 252
Merit: 10
0.80 is nothing. I invested when it was 0.85, the people in this project are no jokers (I did research yesterday), just look at their program and partners and they just began making progress, they will only make more progress, I don't care if it goes 0.70 as I am convinced it will be good in the end. Btw, e-vehicles/electric-items are the future so power up while you can as it is still under the $1 and 0.80 still a great moment to step in.
full member
Activity: 486
Merit: 100
is it too late to invest now ?

It was $0.05 at the 1st Nov, and $0.80 now.  Its up to you, but Bitcoin started somewhere, and this has a product behind it
hero member
Activity: 2002
Merit: 516
is it too late to invest now ?

It is never too late if you believe the project will succeed.
Make your own research - check information about developers that are behind the project, read the whitepaper and roadmap, and make your own decision.
newbie
Activity: 10
Merit: 0
is it too late to invest now ?
full member
Activity: 224
Merit: 100
Buy Low, Sell at Alpha Centauri
This Nov 22nd video by 'Cryptobud' is a MUST LISTEN for all interested in Power Ledger -
https://www.youtube.com/watch?v=i3RGZynEK24


Discuss amongst yourselves. . .
legendary
Activity: 1526
Merit: 1012
simply go to the Power Ledger facebook page and scroll down to the 25 min panel discussion featuring POWR co-founder Dr Jemma Green discussing the project and what they are planning to achieve with the coin.

As evidenced by this (below) article from ETHnews they have 2 universites and a computational institute on the team for their full fired up operations.
it's little wonder it's × 800%+ for the month.

www.ethnews.com/aussie-government-backs-blockchain-for-smart-water-and-power-grids

potentially this project is really promising so this is beginning of the new era this token is the best available choice for investment and market is getting stable. I also think this project will grow strong and will be best investment for the year 2018.
member
Activity: 196
Merit: 10
simply go to the Power Ledger facebook page and scroll down to the 25 min panel discussion featuring POWR co-founder Dr Jemma Green discussing the project and what they are planning to achieve with the coin.

As evidenced by this (below) article from ETHnews they have 2 universites, a national government (Australian) and a computational institute on the team for their full fired up operations.
it's little wonder it's × 800%+ for the month.

www.ethnews.com/aussie-government-backs-blockchain-for-smart-water-and-power-grids
newbie
Activity: 25
Merit: 0
Besides the last negative coments, i am just going to write about facts:

1) the last 3 years i spent 12 hours of my days doing crypto trade and reading whitepapers and new ico's details.
2) 95% of my reading are about ideas, concepts, theorys of the future but nothing about present reality. just about future reality.
3) 95% of my the market cap in cryptos is about expectation and speculation. even bitcoin does not have a current present aplication, maybe in future, but worths 8k nowadays.
4) 95% of the ICO's its hard to see real videos of developers, to check their old linked in, facebook, twitter, whatever accounts.
5) 95% of the ICO's have no more then 5 to 10 persons working on it. Most are just 2 or 3 guys waiting for milions to hire a team
6) 95% of the ICO's have a legislation and government problem.

Now, MY OPINION:

POWERLEDGER just presented a new standard for the crypto world, why?

1) instead of ideas and dreams they are already on field doing partnerships and with a high tech already being used.
2) its easy to see who they are. if you check australian web channels they go theirselfs to the shows and speak about the tech.
3) the team already has more then 50 persons working on it
4) Australian government support. Not about the 10 milions investment. More important was the AUSTRALIAN MINISTER OF AGRICULTURE being a speaker during the oficial Powerledger presentation.
4) if you ask me about the future: energy will be the biggest problem. so where to invest? in something with a strong team and concept to get a solution.

FINALLY, ATM each TKN costs the miserable 0.60$!!!!!!!!!
Most of you buy the super trendy coins for no less then 50$... 100$.... 300$...

Nobody can predict the future, not even god, but in all ICO's, new coins, whatever in crypto world that passed over my eyes in the last 3 years, this project was defenitly the one I most believe it will be successfull.


Q. What is the incentive for investors to keep our tokens after the Token Generation Event?
A. Token holders will have access to the Power Ledger platform. They can potentially use POWR tokens to purchase electricity when the Power Ledger platform becomes available in their area. Token holders can also participate in Asset Germination events by submitting POWR tokens. By keeping hold of POWR tokens you won’t have to buy them on an exchange later if you decide to use the platform. As we on-board more participants there will be a requirement for more POWR tokens either in circulation throughout the eco-system or escrowed in a SmartBond.

AND

Asset Germination Events are defined in our White Paper as:

    ‘the sale or crowdfunding of an autonomous renewable energy asset which allocates ownership and distribution of income’.

In simple language, they are events whereby POWR token holders can purchase a fraction of ownership of a renewable energy asset, be allocated its revenue accordingly to its share of the asset, and even trade their ownership with other POWR holders.

Further information about Asset Germination Events:

    Crowd-fund renewable energy assets on the blockchain
    Contributors will be allocated revenue of the asset based on their proportion of ownership.
    Power Ledger is the first platform to offer the ability to trade ownership of these assets. If a contributor needs immediate liquidity they can sell it through our platform to other buyers.
    An asset may be a solar, wind or battery farm
    Ownership does not have to be inclusive of everyone, a community could have a community-owned asset where only those who live there are eligible to contribute.
    By owning POWR, the Power Ledger Ecosystem token, holders can also access a range of Power Ledger Applications, such as peer-to-peer energy trading in markets Power Ledger is operating in.
    The future energy system will be low-cost, resilient and owned by the people of the world.
    Initial projects will be announced here first when they are open for contributions


POWR is a very good idea, but why to buy POWR-tokens? I cant see any reason why value of the POWR-tokens should grow in the future? Why not just wait if they can build platform and then buy them if needed?

Or am I missing something here?



I just wanted to bump mentioned quote from this fellow POWR-supporter.
I'm aware of Power Ledgers high potential and the (as far as I know) only technology of this kind so I'm holding Tokens too. But as I'm still a newbie to the scene I've asked myself the exact same question (last sentences). It would be great if anyone would lighten me up to my full understanding Smiley

Thx in advance!
legendary
Activity: 1918
Merit: 1003
A big fall of altcoins as Eth rise, i wonder how many people will sell their POWR coins to buy back at a lower price now

BCash is rising too.  I must say POWR seems pretty solid despite the tremendous gain and other alts creeping up.  I don't see it going below 8500, probably 9000.  I think people are holding in hopes this will be NEO like gains.  Lots of hype around the project, and rightfully so.

Totally agreed with you this project much better than any other ordinary token so it could be risky to sell this token to make some profit. It seems so many people will lose this train with this practice in next push it will be over $1.
full member
Activity: 206
Merit: 100
A big fall of altcoins as Eth rise, i wonder how many people will sell their POWR coins to buy back at a lower price now

BCash is rising too.  I must say POWR seems pretty solid despite the tremendous gain and other alts creeping up.  I don't see it going below 8500, probably 9000.  I think people are holding in hopes this will be NEO like gains.  Lots of hype around the project, and rightfully so.
full member
Activity: 308
Merit: 134
A big fall of altcoins as Eth rise, i wonder how many people will sell their POWR coins to buy back at a lower price now
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