Topic: [ANN][VLTY] VolatilityCoin| x15 |POD| ~ A CryptoCoin Index | Bittrex - page 44. (Read 97335 times)

+1

I will be off for some hours, its kind of late here, Michael Adair will be tuned!..

Yes, thank you for the suggestion, it has already a link to the escrow agreement post but we are going to state it more clearly.

Thank you everybody, we are performing very good, it will have a great launch.

hi,dev,
join in the ICO, pm sent,
good luck.

I believe Dev needs to update OP regarding the details of the escrow and the POD.

Good luck, and I hope you can generate more interest.

I'm not usually someone who will invest in ICO's, however I like your vision, and after a little research, I'm confident you have good knowledge of cryptocurrency, the crypto ecosystem, and more importantly, how to successfully trade in crypto.

The problem is, a lot of investors have been bitten recently due to scams.  Investors want to play it safe and minimize bad investment.  One way to do this is investing only in coins where the dev is well known, or has undergone POD (you will see a lot of investors now invest in the developer, not the coin).  My advice is get POD done ASAP, before the ICO ends.  I believe this will generate a lot more interest.

Some update:

Hello, well, i want to resume this two days of ICO, for me they have been very successful, there has been the interest and many questions, now its hard for most people to invest in IPO/ICOS due to the abuse of this system by scammers/devs without ethics, so for us to have received this kind of interest is a big achievement, i started this project always thinking from the beginning on "what could benefit the crypto ecosystem or what feature is missing in the actual crypto market" and never as "how would i take advantage of crypto users" .. the idea started two months ago but i dint put it on practice until the last month, at that point i had the necessary team to make the first step, i have seen here that most projects want to take advantage of current innovations, offers nothing new, only a p&d coin ... the decision of ico was hard to make anyway, and i chosen it only because the initial real support was necessary for this coin, it could have been made with 50 premined blocks and huge initial and descendant block reward as many do, but if you make a quick research you will find that those coins have only this cycle: 1,  first 2-5 days dev and earliers fill their wallets with coins - 2, the hype begin, when they get listed, more hype and more pump - 3  after some more days and once the dev and earliers see that the price cant raise more, they dump all their bags on latecomer investors, and the cycle begins with the next coin, obviously a tiny percent of people profit and rest lose , so i prefer a steady raise due to real features, real use, popularity etc,  than a hype and dump of one week, i can call most of the 2-4 weeks pow coins as p&d schemes, and the higher the block reward is decreasing along days the higher the scam is, and i am not afraid of unveiling that, i don't have interest of being profiting from newcomers, why are we seeking money from other crypto users when there is a trillion USD market cap every day outside this forum?.

So we are currently at about 2 BTC of investment at the time of writing, very good and i appreciate very much how they saw the vision i tried to convey, i would be lying if i say that with this investment the project can be successful.. the cap of ico is around 90 BTCs, we surely may not reach that amount but we need a little more than what we currently have,  to be able to start this project, research, development and promotion is a little expensive when there is the need of reaching 3rd parties, also i will not allow any dump that may affect the general perception of the coin and part of the funds will be used to put buy walls in the main exchange of the moment (because dumps scare new investors and that's our goal, reaching new investors so it can be win-win),  i am taking in all my time to this project and will be keeping as long as its needed, maybe it would not act exactly as VIX http://en.wikipedia.org/wiki/VIX and the equation to track volatility will not be exactly as the current one for s&p500 , as we don't have the same market or the same resources (millions of USD), but i can assure one thing, nothing started as big as they are now, and if this project gets on i will not abbandon it and i will do everything to keep the coin better everyday, i designed this coin to last several years if you look at the structure, i need the PoW block-chain for future features we might need, everything has its reason.. we can make this coin a favorite and useful coin along traders.

Good day,    

Someone's got the idea!

Yes that's how the project will work.

Last day at current price!..

I believe this can work if the in wallet bot is used to control buying and selling of the coin.  P&D rely of weak hands, FUD, and trolling to manipulate and control the market.  If the bot is controlling buying and selling, I don't expect there to be much market manipulation by P&D groups.

Ive decided to invest for a couple of reasons.

1. Dev team so far seems to be legit, and have agreed to POD as part of the escrow agreement.
2. IMO the ICO looks attractive based on the expected market cap at launch.  To me the ICO seems a good buy.
3. It refreshing to see a coin offer a new idea.  I'm getting tired of every coin offering anon as its main feature.  We need new innovation and new ideas.  Something which this coin has the potential to offer.

Benjig Requested a simple yet responsive template and he told me not to put a lot of work into it.
So I chose a template that he accepted.

he is a fudster, talking about a template in the website, what importance does it have a template in the website?.. the ipo is for a coin not for a website, thankyou for the free ad 

https://twitter.com/beyondBTC/status/509528599112589314?lang=fr

What happened here?

You are asking only questions that are in op.. feel free to read it otherwise your posts are spam.

But how can we talk about value of your coin when it's supposed to track an index?  The price is supposed to move with an index so the value should go anywhere the volatility index takes it, right?  It doesn't make any sense to me.  The value of your coin will go where the pumpers and dumpers want to take it, so I don't see it tracking anything.  That's it.  Good luck.

Yes we have fully knowledge of how VIX tracks the stock market , and the ico is to have a good initial market cap and not being easily targets of miner dumps and it has very high value from the beginning , the coin will not start tracking with the initial ico price for sure.. thankyou for your comments.

I was just trying to state that your example was the opposite of how you intend it to work.  Correct, VLT won't and can't be a safe haven.  How are you going to calculate implied volatility without options?  I'm assuming you are calculating historical volatility?  

All that aside, it's not going to track just because you want it to.  You have to force it to track through underlying assets or arb.  Do you have an understanding of why and how an ETF tracks an index or how the VIX ETF tracks the VIX?

I guess it doesn't matter.  I'm a bit skeptical on this.  If VLT is used for volatility tracking then why should anyone buy the ICO?  Do you see value in anyone buying in ICO in a tracking coin?

There are just a number of reasons why this can't work, but I wish you the best.  I will check in after launch.

A safe heaven in specific situations as you said and as stated in op, its expecting to act the opposite of most of the market, it cant be a safe heaven all the time, its volatility not a coin pegged to a safe asset which currently not even the gold can be called like that.

Personally, I don't care about PoD.  I care much more about your explanations.

Don't you expect the price of VLT to go up as volatility goes up?  Usually, but not always, rising prices will lower the volatility index bringing the price of VLT down.  Ie.  When the stock market tanks, the vix usually spikes.  You talked about VLT being a safe haven, so it would work the opposite of what you just said.

Sorry, did you say you were going to calculate implied volatility or historical volatility?