Topic: [PLU] PLUTON — (Spend PLU at 40 million merchants and online — DOWNLOAD APP) - page 45. (Read 97797 times)

Is the team working to add this to other exchanges like bittrex or poloniex?

Very promising:

The bigger the userbase using their cards the more PLU will be given away.

If you had a PLU debit card would you use PLU or would you use BTC and get up to 3% back in free PLU instead and sell the free PLU? (Unless the PLU funded transaction cost is 3% cheaper than using BTC on PLU. But if the BTC transaction cost is 3%+ then wouldn't customers rather use TKN/Other card that only has a 1% additional transaction fee?)  

Every alt that has given away their tokens in an attempt to bootstrap have seen losses of up to 95%+ of the share price during the actual process. Stellar/Lumens halted their losses by dropping their give away from $10 to each new user to under $0.5 very rapidly and then they also changed it to an invite only process, with a discretionary geographic + demographic combo, that made it hard to track where the new STR were going. (I personally think they stopped giving much away at that point once they saw the effect.) On Aug 11th 2014 before the give away started really kicking in, STR were $0.006 each, it's taken them nearly 3 years to reach/pass that value again which they did 3 weeks ago and that was due to XRP rise.

The problem with PLU is you will be giving away in perpetuity.

Having said that when PLU releases it will probably pump so there's a trade there, but as soon as it kicks in, and customers get PLU this will drop like a stone.

Total market cap of Plutus is only 1600+ BTC....

Plutus.it is #36 of Financial IT Magazine's PathFinder FinTech Top 50!

https://financialit.net/pdf/view/17419

This is a hidden gem! Last month volume has significantly increased. Some people are loading up (including me).

The mobile app will be great and if it works for ios that would be even better

And I thought it was a dog name! These projects are strange!

And here I thought Pluton is dead...

When will it be available on more exchanges?

Lumen gives away 50% of their premine to XRP and BTC holders. None gives a shit on how the tokens are going to make money.

Fact is that if Pluton creates the application that they promised. They could reach an enormous userbase that would increase the demand for plutons.

Until launch plutons will probably only be sold on liqui.io.

There is not much liquidity. I've been buying in at 10k-15k satoshis but took me 3 months to get 2.5 btc worth of plutons. Only die hard bagholders a left in this coin. Developments have taken over a year so far.

Is it possible to buy Plutons anywhere or do we have to wait till the PlutusDEX Banking and Trading feature is ready?

Anyone have an answer for this?

It looks like when someone swipes say $1k on this card funded with BTC/other, the owners have a separate company & will make the $10-$40 in transaction fees, while the customer gets up to $30 free PLU he can dump on you suckers?

Yes it's true, really forgot this one, what can we expect with start (features etc.) and when is the planned start?

Yes people forgot about it. But the price never really dropped. That's a good sign. Launch is gonna be soon.

I guess, it's been such a long time I've heard anything from this project that I forgot I had joined the ICO. 

Is the token ERC20 compatible and can it be included in Ethereum's Bancor protocol type of tokens?

Good interview:
https://blog.status.im/ethereum-dapp-creators-10-plutus-2c08689afdcc

Who will actually earn the fees charged for BTC/Non-PLU transactions?

Worst case scenario - the guys behind this have a separate company that will actually earn money from BTC/Non-PLU transactions and they've just created PLU to fund development and a free $0.03 per dollar customer rebate, while they pocket the $0.02-0.04 per dollar in BTC/Non-PLU transaction fees and get rich. So you (PLU) pay for development and the customer bonus and they get all the profit.

Your only hope is that people will adopt PLU even though it has no revenue share and there is constant sell pressure from BTC/other customers claiming their PLU rebate.   The key appeal of PLU seems that it has no/low fees compared to BTC/Other tokens however that means the fees you charge BTC/Non_PLU users have to be well in excess of 3% otherwise it makes sense to pay in BTC and get free PLU instead of using PLU but if the BTC/non-PLU transaction fees are that high (3%+) well then customers would rather use TKN (1%)

News like this? https://medium.com/@PlutusIT/plutusdex-and-development-updates-8c92a069c55e

and more https://medium.com/@PlutusIT