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Topic: Euphoria X13 asset backed Buy research chemicals WEBSTORE LIVE - page 29. (Read 97063 times)

legendary
Activity: 1344
Merit: 1000
I would like to ask if there is any limit on how much chemicals people could buy from your online store?
sr. member
Activity: 364
Merit: 250
This:     Cheesy

legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
POLO NO TREX

After thinking about the issue, I second this.

Even though at first I prefered bittrex, Polo would be a more stable userbase in terms on natural growth.

Dev, could you send them an e-mail with information about the coin/business etc.?

I already contacted them through Twitter.

Problem with Polo is busoni rarely adds any coin to Polo.
Even though they have half the spots on their voting list filled by dead or dying coins.

For whatever reason, they don't seem to care about adding most if any coins lately.

Not sure how balls was added their so quickly.

I am sure they knew they would get volume because of Hyperstake, the insanely high interest coin fad, or "experiment."
legendary
Activity: 1050
Merit: 1000
POLO NO TREX

After thinking about the issue, I second this.

Even though at first I prefered bittrex, Polo would be a more stable userbase in terms on natural growth.

Dev, could you send them an e-mail with information about the coin/business etc.?

I already contacted them through Twitter.

Problem with Polo is busoni rarely adds any coin to Polo.
Even though they have half the spots on their voting list filled by dead or dying coins.

For whatever reason, they don't seem to care about adding most if any coins lately.

Not sure how balls was added their so quickly.
legendary
Activity: 1498
Merit: 1001
180 BPM
POLO NO TREX

After thinking about the issue, I second this.

Even though at first I prefered bittrex, Polo would be a more stable userbase in terms on natural growth.

Dev, could you send them an e-mail with information about the coin/business etc.?

I already contacted them through Twitter.
legendary
Activity: 1498
Merit: 1001
180 BPM
dev, would be nice if you get 3 stars cryptocertify
https://www.cryptocertify.com/

our certification is the satisfaction of our customers.

when?

I can tell you around Wednesday next week. Cool
hero member
Activity: 826
Merit: 1000
dev, would be nice if you get 3 stars cryptocertify
https://www.cryptocertify.com/

our certification is the satisfaction of our customers.
Very nicely said.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
dev, would be nice if you get 3 stars cryptocertify
https://www.cryptocertify.com/

our certification is the satisfaction of our customers.

when?
member
Activity: 70
Merit: 10
dev, would be nice if you get 3 stars cryptocertify
https://www.cryptocertify.com/

our certification is the satisfaction of our customers.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
dev, would be nice if you get 3 stars cryptocertify
https://www.cryptocertify.com/
sr. member
Activity: 245
Merit: 250
The euphoria is real.
sr. member
Activity: 392
Merit: 250
POLO NO TREX
legendary
Activity: 1029
Merit: 1000
1.5-2k before Trex? Nice nice..
legendary
Activity: 1498
Merit: 1001
180 BPM
Order book bought up till 1239  Roll Eyes
member
Activity: 70
Merit: 10
I still need an explanation how the premine can work as a stabilization fund if the peg will always be > marketprice.

In that case the premine can never be sold. Wrong/Right?

Imho the premine is needed because:

when there is a flashcrash or a quick dump, they won't re-peg it at the exact moment. People could rush to buy RCs on the webshop and they lose money.

Basically thats why there is a small "insurance".

Thats no answer at all. How does the "insurance" work? How does a premine stop people from buying cheap coins and buy on the webshop?

it works like this.

We have EUPH pegged above exchange on webstore. Our margins are sufficient on product that we still make small profit.

If we get hit by a flash dump and actually take losses then we can offset that against the value of EUPH that we have in store in our webshop. Some premine will be sold to cover those losses.

Once we are back being profitable on sales we can repurchase the premine with some of our profits to keep the stabilisation there and keep offering people product at a solid discount over fiat and still be profitable selling our chems.

We make our money on chems, as do all in chems industry. Margins are good. There is also a hell of a lot of competition, we are prepared to make a sacrifice to margin for sales and a USP, which so far has worked really well and got us lots of new customers.

If people use this coin for the purpose it is intended they can't lose. Buy Euph on exchange, buy chems, get chems. You can't lose. This is what we have made the coin for and how we hope it is used. If we can peg EUPH at a good price per coin then volatility becomes less of an issue because our premine has much more power. It allows us to hit bigger losses without being forced to change the peg of the coin or go bust.



you cant sell the premine as long as peg > marketprice. Oh, you could technically sell but that would just lower the marketprice even more and your losses from your shop would roughly equal the sold premine. I cant see any way around it.


you understand that the market price is already above our initial peg and we received orders at that price and got EUPH?
sr. member
Activity: 398
Merit: 250
I still need an explanation how the premine can work as a stabilization fund if the peg will always be > marketprice.

In that case the premine can never be sold. Wrong/Right?

Imho the premine is needed because:

when there is a flashcrash or a quick dump, they won't re-peg it at the exact moment. People could rush to buy RCs on the webshop and they lose money.

Basically thats why there is a small "insurance".

Thats no answer at all. How does the "insurance" work? How does a premine stop people from buying cheap coins and buy on the webshop?

it works like this.

We have EUPH pegged above exchange on webstore. Our margins are sufficient on product that we still make small profit.

If we get hit by a flash dump and actually take losses then we can offset that against the value of EUPH that we have in store in our webshop. Some premine will be sold to cover those losses.

Once we are back being profitable on sales we can repurchase the premine with some of our profits to keep the stabilisation there and keep offering people product at a solid discount over fiat and still be profitable selling our chems.

We make our money on chems, as do all in chems industry. Margins are good. There is also a hell of a lot of competition, we are prepared to make a sacrifice to margin for sales and a USP, which so far has worked really well and got us lots of new customers.

If people use this coin for the purpose it is intended they can't lose. Buy Euph on exchange, buy chems, get chems. You can't lose. This is what we have made the coin for and how we hope it is used. If we can peg EUPH at a good price per coin then volatility becomes less of an issue because our premine has much more power. It allows us to hit bigger losses without being forced to change the peg of the coin or go bust.



you cant sell the premine as long as peg > marketprice. Oh, you could technically sell but that would just lower the marketprice even more and your losses from your shop would roughly equal the sold premine. I cant see any way around it.
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
i just did the maths and it is less than 15 usd for 1 g of PURE crystal MPA  GTFO

as per rules of sos no one can review till ordered
i can go full postal on chems r us i have a good rep

do me a favour, just wait until POW is out of the way before doing anything like that. We are on tight margins at the moment and with big blocks happening I'd rather not push it hard until they are done. Will be less than 48 hours.

gotcha!!!
legendary
Activity: 1498
Merit: 1001
180 BPM
i just did the maths and it is less than 15 usd for 1 g of PURE crystal MPA  GTFO

as per rules of sos no one can review till ordered
i can go full postal on chems r us i have a good rep

do me a favour, just wait until POW is out of the way before doing anything like that. We are on tight margins at the moment and with big blocks happening I'd rather not push it hard until they are done. Will be less than 48 hours.

Tell us when you think the time is fine Wink
member
Activity: 70
Merit: 10
i just did the maths and it is less than 15 usd for 1 g of PURE crystal MPA  GTFO

as per rules of sos no one can review till ordered
i can go full postal on chems r us i have a good rep

do me a favour, just wait until POW is out of the way before doing anything like that. We are on tight margins at the moment and with big blocks happening I'd rather not push it hard until they are done. Will be less than 48 hours.
sr. member
Activity: 364
Merit: 250
No more cheap EUPH   Wink

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