Topic: 🌟🌟🌟🌟🌟🌟 Buy Chrono.tech TIME on KuCoin.com! 🌟🌟🌟🌟🌟🌟 - page 323. (Read 453785 times)

That's great. we can reach 3000BTC at the end of this year and make a new hit for new year?
I believe on this project very much.

They will pursue with the project regardless of whether the goal is achieved or not so there isn't going to be any issues later. Time token will soon have good value for us to trade.

Will do. Cheers!

Yup, we have reached 2900 BTC, still ~7000 BTC to reach 10k goal!

2900 BTC reached. Time to change the header again

Transferred this question to Ahmed. Soon to be opened again.


Well, official minimum wages are usually arbitrary numbers set by some governments (but not all of them). We prefer observed numbers over regulatory limits.

Good luck with that. You will need it.

unskilled labour in a minimum wage environment is fairly predictable.

the google doc is not open to viewing.

I think average wage is easier to observe than unskilled labor. Because of "who draws the line?" and because average wages are already publicly available.

Invest some BTC in Chronobank to rise my invested money.

I've got to say I'm quite intrigued with the plan.

Pegging to man hours is an interesting concept, whether it can b useful is another question perhaps it can actually acheive a helpful parity between extreme labour costs.

...
in Jack Vances science fiction series, The Demon Princes, ( and in other books set in this universe),
the general use currency is the Standard Value Unit (SVU) defined as the value of an hour of unskilled labour under standard conditions.

We cannot say whether it would be oversold or undersold in terms of only scalar number of bitcoins raised. It depends on the business model and the exact market. We see the labor market as the huge one with the ability to start locally and then proceed with gradual expansion to other countries.

In our development plan, we have set certain milestones depending on the amount of ICO funds raised: https://chronobank.io/files/dev_plan.pdf

We did so strictly with regards to two circumstances:
1. We want this project to be big in the long run, and we want you to know of our plans. If we raise more money - we can do more right away. If we raise less - we can do less in short-term, but we don't have to desert our long-term goals.
2. Each milestone means an upgrade in the business model. LaborX milestone leads to stable-coin demand increase and faster velocity (more transactions), while Guarantee Fund milestone provides additional stability important on this large scale in order to leverage the market and to ease expansion into additional markets. These are big milestones, however, the project's growth speed depends on each satoshi of initial funding as we have a long list of what we'll have to do at each stage.

All of these smaller and bigger milestones are aimed for wider and faster adoption of LHTs, so we do not expect diminishing returns on investment.

Today's bonus is 10%, Bonus ends in 63 hours 17 min, and some seconds.

The amount is fixed according to the bonus you're entitled to which I believe just turned into 0...

Also is this ICO fixed or do amounts decrease as more people invest?

Wow OK thanks for that info! Really needed that to determine whether to jump in or not. Still will most likely wait until the last day to invest to see where the total funding is at. Hopefully it stays under 1 million coins. That would be great for investors 

Under 450k total coins exist if sale ended today. 12% of those locked up for months in smart contract, with another large chunk being held by a Venture Capital Firm who have zero interest in dumping. This could raise double what it currently has and still be well under 1 million total coins. This is waaay undersold.

But you do understand from an investors perspective that if too much is raised it generally doesn't work out well for investors right?

Welcome!

Interesting coin