Topic: 🌟🌟🌟🌟🌟🌟 Buy Chrono.tech TIME on KuCoin.com! 🌟🌟🌟🌟🌟🌟 - page 169. (Read 453660 times)

Great numbers flaminius .Good times ahead.

I think very long to comeback at rate ICO 

Read in previous page, many of people ask about this
Distrbute bounties 1 weeks again. Keep an eye on this thread.

The ICO started on December 15th, when BTC was $775 and first day participants got a 30% bonus. The bonus was reduced to 20% for the rest of the first week, and 10% for the second week. So for a first day participant, 130 TIME = 1 BTC = $775. At this price, 1 TIME = $5.96.

For participants that entered the ICO on the last day (Feb 15), 100 TIME = 1 BTC = $1009. At this price, 1 TIME = $10.09

Note that both of the above examples only reflect the value of TIME that was paid for by investors. This does not take into account the extra 12% that was issued with no BTC received.

At present, 1 TIME is approximately 0.0057 BTC, and 1 BTC is $1256... At this price, 1 TIME =  $7.15

First day investors can walk away with almost a 20% increase in an investment that is less than 3 months old, and some are going to do exactly that.

Last day investors are looking at a 30% loss if they sell which really seems to annoy the short term prospectors that were expecting a post-ICO pump and are pushing for listing on more exchanges.

Where do we stand in relation to Bittrex/Polo listing?
I read before an approach was made is there any progress?

Thanks, the cheap sales can't help to make ma wonder weather a big pre sale was made before the ICO took place

Depends... what do you think the potential of a system that allows people to get paid instantly for their work, not have to deal with banks and cheque-cashing companies, and allows them to build a reputation for themselves and get paid more?

Since Labor Hour Tokens will be released in Australia first, let's use them as an example and do a little quick math... according to google, the population of Australia is just over 23 million people. If 1 in 1000 people started using the Chronobank system (LH tokens and/or LaborX) and worked 2000 hours per year (40 hours per week * 50 weeks), there would be 23,000 users going through a total of 46,000,000 LH Tokens. At the quoted rate of $39.89 AUD per labor hour (from the business outline on chronobank.io), that is a total of $1,834,940,000 AUD in LH Tokens issued.

TIME holders are entitled to a portion of those issued LH (3% in 2017, 2% in 2018, 1% thereafter) as well as a percentage of transaction fees, but let's just concentrate on the issuance fees, shall we?

With $1,834,940,000 AUD in LH tokens issued in the first year, the 3% allotted to TIME holders would would amount to $55,048,200. If that was divided evenly amongst all the 710,000 TIME that exist, then each TIME would get $77.53 AUD in LH "dividends". At 2%, it would be $51.69 AUD per TIME, and at 1%, it would be $25.84 AUD per TIME, per year. And that is with only 1 in 1000 Australians using the system... imagine if it were 1 in 100, or once the other LH tokens are added and the system is used in other countries.

It'll take some time for marketing and adoption of LH tokens and LaborX, but Chronobank just had a very successful ICO that raised what is hopefully enough capital to get things going, but once the system is in place and people start using it, the value of TIME may be virtually limitless. Right now, we have close to 7.5 billion people on the planet...  if 1 in 10,000 used the system, the annual "dividend" to TIME holders could be approximately $528 USD per TIME per year (assuming 750000 people working 2000 hours per year at $25 USD per hour)

So, to answer your question, my forecast for the long term price potential of TIME is that getting a couple btc worth of TIME now while it's cheap and holding it could set you up with a significant annual income a few years down the road. I really wish I could get more TIME while the price is low and I hope that all the short term prospectors continue to dump low for another month or two.

If your TIME tokens are not at the mining contract at the snapshot period of time you will not get the reward. But you have nothing to worry about now, the detailed guides will be available publicly before any rewards distributions.

Thank you very much for the answer, but i don't understand this: "TIME holders will need to transfer their tokens to a mining contract balance."
Ifi don't mine, i will not get the reward? I just have myetherwallet address..


As i read, they will tell us where we should transfer our TIME when LaborX platform will be up and running, i understand well?


Or should i install  " ChronoWallet" ?

Sorry for many questions and thanks again.

Bounty campaign has over, you can not request bounty if you're not registered in campaign



I think it can hit 0.02 - 0.03 sat

what do you forecast the long term price potential of TIME is?

What bounties you pretend that your account has recently created, bounty campaign has long been finished?

Can someone please explain to me in very simple detail as to what exactly is a bounty distribution and also a bounty reward??

Why its released 2 weeks after investors etc etc. Please explain all this I'm noob and been trying to google this but no luck.

TIA peoples

You should back read so you know you're looking for, distribution bounty will be paid 2 weeks after investors.

Can u tell me when will chronobank distribute bounties?
date

https://etherscan.io/token/TIME

Total Supply:   710,112.8108 TIME

Is the total supply of TIME finite?

It's not quite true. The sum is 5-50 per article. Maximum amount after which the program shuts down is 3000. It wasn't achieved due to low writer's activity

The same with a newsletter bounty it had a maximum amount after which the program shuts down.

2 weeks after investors
Distribution bounty will be paid.

It was just an estimate.

3000(blog bounty) + 2000(newsletter bounty) + 2000(signature bounty) +1000(LaborX bounty)+1000(Bug bounty)+6000(translations) = 15000

Number of translations were not provided in public. So I just estimated it. And, I read somewhere on BTT that 1000 time were distributed to bug bounty (I'm not sure).
Estimation of translation bounty = 3 (total months) * 100 (Time for each) * 6 (number of languages) * 5(number of things to be translated in each language) = 6000

Just waiting PM from ahmed,please be patient

Please how can I get bounty reward? any info about that yet?