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Topic: ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ Buy Chrono.tech TIME on KuCoin.com! ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ - page 385. (Read 453654 times)

hero member
Activity: 514
Merit: 500
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.


so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?
It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones ย 880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

Please read this
Too much speculation is not true


Total supply IS NOT 100.000.000! ย Where did you get this number?

Total supply = amount of tokens sold + 12% reserve
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.


so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?
It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestonesย  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

880k btc is almost impossible. Even the dao did not come close to that.
sr. member
Activity: 523
Merit: 250
It is really good project.

But I am some worried point.

"there is no limit ICO fund raising"

If the number of time token is too large

then, the interests from LX is too small for

time token holders.

It could drive the price of time go down.


How do you think this problem?


From wan.
full member
Activity: 126
Merit: 100
Chronobank Community Manager

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?

Hello and thank you for your interest! The post you quoted is incorrect, the co-founder replied to it already:


Total supply IS NOT 100.000.000! ย Where did you get this number?

Total supply = amount of tokens sold + 12% reserve

hero member
Activity: 588
Merit: 501
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.


so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?
It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestones ย 880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

880k btc? Don't dream guys, your project may raise 800 or 3k btc, even can toughly raise 8k btc, 880k is too greedy target. Why every ico team nowadays is money money, unrealistic target? inchain 2600 btc, ark 2000 btc, wow you guys think money is free?
legendary
Activity: 3178
Merit: 1054
Users such as freelancers will earn TIME as fee from employers, right?
Will the Laborx be like a jobsite where a professional can showcase their portfolio and previous works or jobs to win a job and that they would need to bid?
full member
Activity: 126
Merit: 100
Chronobank Community Manager
Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.

Hello and thank you for your interest! After the Crowd-sale is over, TIME investors earn from users, not from future investors. There are no future TIME investors. There is just the one Crowd-sale.ย 
sr. member
Activity: 401
Merit: 257
Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.
I think you have some mistakes. just go to this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors
The ICO launching does not still start, guy.
sr. member
Activity: 449
Merit: 250
Belief in the immutable.
Let me preface this by saying this is not fud.

Time gains % of whatever is collected by labor. Multi collection of ico funding in steps. So time investors are earning some % from future investors who purchase during the labor portion. That comes off as a bit Ponzi. I'm kinda surprised if no one has mentioned that. It may be in the project interest to alter that a bit. Just my 2 pennies.

It's entirely possible I misunderstood this part of the whitepaper.
full member
Activity: 126
Merit: 100
Chronobank Community Manager
price ico token ย extremely expensive. Hope ย can be successful at launch

I do not think like this. The price is decided by The Market and the initial price is based on the potential and big co-founders of this project .
you can look at this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors

Quote
ChronoBank currently has plans to peg the Labor Hour tokens to four major fiat currencies โ€” United States dollar, Australian dollar, euro, and pound sterling. The stable cryptocurrency, to be used for paying employees over ChronoBank network eliminates the concerns of employees being left shortchanged due to fall in the value of cryptocurrency at any point of time. The Labor Hour tokens will be supported by Ethereum, Waves and NEM blockchains.

Investors participating in the upcoming Time token crowd sale will be eligible for 0.15% of all the transaction fees received by the network. In addition, Time token holders will also receive rewards for every new Labor Hour token created on the platform. The rewards offered by the platform will progressively decrease as the number of transactions increase.

ICO investors holding Time tokens will receive an issuance fee of 3%, 2% and 1% during the years 2017, 2018 and 2019 respectively. ย On the long run, investing in ChronoBank ICO is an attractive option as the platform is definitely going to grow. The ChronoBank project is being backed by Edway Group Limited โ€” which is also one of the co-founders of the project. Edway Group is a leading Australian firm working in the recruitment sector for over 100 years. The industry expertise and contacts leveraged through this partnership are definitely going to increase ChronoBankโ€™s adoption among some of the well-known firms across the world in no time.


That is a very solid article and I agree with what you are saying entirely as well. That being said, there is one inaccuracy in that article being fixed shortly. This line:

Quote
Edway Group is a leading Australian firm working in the recruitment sector for over 100 years.

Should be:

Quote
Edway Group is a leading Australian firm working in the recruitment sector, with a team that has more than 100 years of combined relevant experience.
sr. member
Activity: 1081
Merit: 251
Formerly known as Chronobank, now Chrono.tech
It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestonesย  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?

Total supply IS NOT 100.000.000!ย  Where did you get this number?

Total supply = amount of tokens sold + 12% reserve
hero member
Activity: 1148
Merit: 512
price ico token ย extremely expensive. Hope ย can be successful at launch

I do not think like this. The price is decided by The Market and the initial price is based on the potential and big co-founders of this project .
you can look at this link http://www.newsbtc.com/2016/11/28/chronobank-time-tokens-payouts-ico-investors

Quote
ChronoBank currently has plans to peg the Labor Hour tokens to four major fiat currencies โ€” United States dollar, Australian dollar, euro, and pound sterling. The stable cryptocurrency, to be used for paying employees over ChronoBank network eliminates the concerns of employees being left shortchanged due to fall in the value of cryptocurrency at any point of time. The Labor Hour tokens will be supported by Ethereum, Waves and NEM blockchains.

Investors participating in the upcoming Time token crowd sale will be eligible for 0.15% of all the transaction fees received by the network. In addition, Time token holders will also receive rewards for every new Labor Hour token created on the platform. The rewards offered by the platform will progressively decrease as the number of transactions increase.

ICO investors holding Time tokens will receive an issuance fee of 3%, 2% and 1% during the years 2017, 2018 and 2019 respectively. ย On the long run, investing in ChronoBank ICO is an attractive option as the platform is definitely going to grow. The ChronoBank project is being backed by Edway Group Limited โ€” which is also one of the co-founders of the project. Edway Group is a leading Australian firm working in the recruitment sector for over 100 years. The industry expertise and contacts leveraged through this partnership are definitely going to increase ChronoBankโ€™s adoption among some of the well-known firms across the world in no time.
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.

TIME price is at 0.01BTC each no matter BTC price.


My mistake. I must have skipped that part or been on autoread. Now it makes much more sense to invest now.
Thanks dude.

Absolutely. I am bullish on BTC so i expect it to go up a lot though.

I think everyone's bullish on btc right now. That's why most alts are in the read. Well, most established alts.
sr. member
Activity: 1081
Merit: 251
Formerly known as Chronobank, now Chrono.tech
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

I think the price should be 0.001btc for 1 time. it will attract more investors to join this project
so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?

We pondered over it a lot actually!

The price could be 0.01, 0.001, 0.0001, 0.00001

We made a poll on Twitter and potential investors voted for 100 TIME per BTC

We want to compete with Bitcoin price sooner or laterย  Wink

legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.


so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?
It will take a lot of speculation, With the total supply 100.000.000 Time and the dev were offering 0.01 for each time token. It makes no sense in my mind. They have planned for selling up to 88% of total supply. Which means, the maximum milestonesย  880.000 BTC.
And I may think if the price of ICO depends on with the cap was reaching by crowd sale.
Is it possible was getting stable .01 for each token?
sr. member
Activity: 401
Merit: 257
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

I think the price should be 0.001btc for 1 time. it will attract more investors to join this project
so Chronobank managers should give an explain why Time is set up at the price of 0.01btc?
sr. member
Activity: 490
Merit: 262
The Worldโ€™s First Blockchain Core
Why time token is so expensive? ETH was 0.0005 btc for ICO price, they raised 30000 btc, time is too expensive, I doubt the project will raise 500 btc or more. One more question, if fund is less than 500, so you will consider the ico aborted and refund investors?

Lol, how can something be expensive if everyone is buying at the same price?
Having 1'000'000'000'000 coins at 1 sat or 1'000'000 at 0.01 is the same but the second solution is quite more elegant.

At last a good explanation.
If 1 TIME is too expensive for anyone he/she can buy 0.01 TIME or less.

I think They have their private reasons about that . Do not worry about that
hero member
Activity: 625
Merit: 501

TIME price is at 0.01BTC each no matter BTC price.


My mistake. I must have skipped that part or been on autoread. Now it makes much more sense to invest now.
Thanks dude.

Absolutely. I am bullish on BTC so i expect it to go up a lot though.
full member
Activity: 176
Merit: 100

No bonus and btc price will be much higher by end of sale. Everyone different but for me early buy makes most sense.

Wouldn't that mean that buying at the end means you'll end up with more coins.

TIME price is at 0.01BTC each no matter BTC price.


My mistake. I must have skipped that part or been on autoread. Now it makes much more sense to invest now.
Thanks dude.
hero member
Activity: 625
Merit: 501

No bonus and btc price will be much higher by end of sale. Everyone different but for me early buy makes most sense.

Wouldn't that mean that buying at the end means you'll end up with more coins.

TIME price is at 0.01BTC each no matter BTC price.
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