Topic: 🎗️【POS/MN】ASPIRE COIN ⚡️ Revolution For Charity 💓【SAVE LIVES】🎗️ (Read 785 times)

Thank you for the positive feedback and helping our project grow! 

Aspire Coin has extremely solid fundamentals in regards to how the block rewards will develop over time.

The project has an excellent chronological sense of how its use case will be implemented. And best yet, it has the ability to help people once fully completed.

This coin will thrive in 2019 and many more years to come. I can recommend it fully to anyone who is interested in masternodes and charity.

Thank you for the kindness! Our project works hard to revolutionize the future of Charity by providing an easy way to donate with Cryptocurrency and your support is ever grateful.

Charities don't require any of this information from us because we simply provide them helpful installation of ASPIRE onto their websites to support donations with ASPIRE. As such they require nothing but the agreement to support our cryptocurrency.

Our discord and bitcointalk will be updated with charity links when finished, it's just we have to both wait on email replies and of course work on how they can exchange ASPIRE to something more useful.

But yes, we have a team section on our Discord in which all of our team and moderators must upload a real and updated photo of them, although, most of the team are my colleagues I go to college with who all wanted to work on this with me.

None of these users have LinkedIns, because most of us aren't even over the age of 18. I am personally 19, but a few of the others are under the age of 18 and aren't really into that whole sort of thing yet. You can interview us all separately if you like.

I do appreciate the job you're trying to do though, do note we are not an ICO/Token however, we are a coin, which I would assume you know the differences.

1. Noted on this, then any proof that could state that you're indeed an honest organization will be needed as substitute, perhaps a statement from a well known charity org that you're indeed with them? Afterall, you said yourself that you're currently contacting them.

2. Surprisingly, that probably enough. My job here ia to give future investors (in your case, MN buyers) as many reference and study materials as they can to avoid falling into the recent scam ICOs trend. It'll be advisable if you can put those info on this thread as well. I assume you also put linkedin where the profile of the members has history in charities?

fortunatelly, I am well informed what a "scam" is. Afterall, I do cornered several of projects attempting to scam. Nonetheless, may I advise you to look for the definition of "if" and what it means

1. What do you mean Charitable Organization Registration number? We aren't registered with anyone, we just work as a payment gateway and as a charity ourselves by donating. I'd investigate it but we do not have one at the moment.

2. The team is available in the Discord and growing, but judging from what you want, you likely won't be pleased with what is there. (Picture of ourselves, full name, age, and a personal bio and why we are doing this project)

If you want identification or such, we will not be providing any as I or the other team members are not comfortable sharing it publicly on the internet.

None the less, before continuing on, investigate into the definition of scam: https://www.merriam-webster.com/dictionary/scam

Unless we have taken peoples money, lied to anyone, or other, we clearly haven't. And we are contacting Charities now, you would presume they would work with an honest team, correct?

Very well, I am also bored with this scarcity thing, actually. I'd like to pinpoint the previously stated "argument" about how scarcity won't really affect the main purpose of youe project, to donate those in needs, as people buy on impulse and aids are bought by USD wise, hence 1,000$ is 1,000$ in spite of the token value, but I also am ready to jump from it.

In the end, let me ask two final questions, and well see if all I do these past few exhausting days worth my time or not:

1. Your charitable organization registration number
2. Your full team.

Provide those, and several doubts about if your project is scam or not will be extinguished

This is the last time I will be answering this, as this conversation has gone on for closing in on two pages now.

Scarcity, is that of which it is hard to get something, therein lack of a large supply, correct?

Each day, around 300 coins are mined, most of which go to the pre-mine wallet as we do stake / have a masternode always running to gain ASPIRE to donate, but some of which goes into the hands of users, this amount is minimal, meaning, if people were to buy, they would have to demand more to get it, due to a lower supply. Some people would want to hold their ASPIRE due to its rarity.

This is not what we want, of course, but it is inevitable with anything like that, but it will be rare because of the fact people have to trade bitcoin for it, we do not give it away but minimal amounts in our bounties which aren't enough to really get rewards.

So, this practically means almost all ASPIRE will be donated, right? So where is the scarcity? Well, I just explained to you how scarcity in coins work, there both is and isn't. I explained to you that scarcity doesn't really exist because people can just buy and re-sell the coins indefinitely. But the scarcity is that there is less of it to go around and do that.

When I refer to the act of 'burning' .. this can just be coins being removed in total, it doesn't have to be from the supply, but from the coins in circulation. Such as coins being sent to a void address and being permanently removed, this would be accidentally only though, but over time it can stack up. http://fortune.com/2017/11/25/lost-bitcoins/

In the end, there will still be plenty of enough supply for it, but due to the nature of supply and demand, the coin will at least be higher valued. And people will still have to buy coins if they want, and some people may sell higher for that just because of the fact of the demand.

Luckily, unlike most traditional exchanges, we likely will have a cap on our buy and minimal sell order in the future. This is because the coin will of course always be buyable from our website so that anyone can easily have access to trade their cryptocurrency into ASPIRE to donate to charities, we want this price to be the same universally.

This may be contemplated in the future with community interests, but for now, that is the plan. If you once again do not feel this answered your question, I don't know what else to say, this to me is a helpful and valid answer which I have re-iterated a few times now. I hope the effort is noticed however! 

Well, not really assuming, rather stated by you that this token is not intended to be traded for profit, only for donation. As for the matter if anyone will "cross" the line by trading it for profit, the possibility might be there, existed up to certain degree, but the reason for people not to will be significantly higher, just like other coins out there with little to no utility.

Yours has a benefit of being used for charity, but this purpose only served for a rather short time window, namely when someone being pushed by their impulse to donate up to when the token being traded by the charitable organization for fiat. This time window leave little to no chance of creating a fluctuation on price. Thus, the only chance that'll appeal trader to "cross" the line by trading the token is if this token somehow has a chance to get higher in value through depleted supply just by sitting through time, either by (like you said on paragraph 3) burning or sitting long terms on someone's wallet.

As for burning, you don't have this feature, so it's safe to say a scarcity through burning will not happen for your case. And for long time holding, let us back to the argument above that there's little to no reason for people to speculate that is profitable to hold your token for a long time, as mostly token being bought and sold in a short time window. This should lead us back to the question of "how", but let me rephrase that into "what factor does your coin has that could appeal traders to hold your token that will leads us to scarcity?"

(About paragraph 2), now you're saying that basically no scarcity? Because people can sell and rebuy token indefinitely? Would you please follow me back to previous page and trace where does this scarcity topic keep repeating? You're the first one that insisted that you understand the principle of economy that'll help increasing the value through rarity (scarcity, if we spoke in economic terms). I simply ask how, asking what steps do you take to increases demand, thus forcing scarcity?

You assume that each and every person that buys ASPIRE will be doing it to donate for charity, for the most part, yes, that is the intended goal, but for many, they will attempt to make profit with it.

It's important to know this DOES work for every coin, mainly due to the fact of how each person can just sell and re-buy the coins indefinitely, hence no scarcity. I don't really get your point in where your saying that it's not always like that for every coin, it is.

It's just the factor that some coins get burned, lost, or sit inactive in a wallet forever. Things like this, alongside a lower amount of total coins in circulation can lead to a higher price value.

Understand ASPIRE is trying to save lives and make the world a better place as a non-profit charity. It would be important to comment on the good things we are planning to do   

The 'argument' can be applied to certain portion of coin, but not necessarily every, and certainly not to fiat. Many tokens has strong feature and utility, a reason of why people needs to hold them in speculation of growing price, hence holding and trading coin. Because many people utilize the speculation of price increment on the token, they buy, then they hold, in hope of some profit. Because several portion of the token being held on their wallet --be it exchange, cold storage, paper, or offline wallet-- the stored amount is not available for public, it's not on the total available supply, so the available amount to be possessed is decreasing. Thus, scarcity.

While your project, together with several projects that --didn't mean to imply-- turned scam out there, which has no benefits of being held long term, has very little chance of being held on private wallet that'll lead to the very same little chance of getting depleted available supply. Thus, no scarcity. In your case, the possibility got even more worse with the "impulse" factor.


Which... Lead us back to my original question, that you still yet to answer: how? How will be there a scenario that you're low on supply? How will be there an un-filled demand?

again, contradictory sentences and decision. You want to make it easier for future user to donate tokens by having them to be accessible only through your own exchange? Yeah, certainly it's very helpful and far easier than if the token can be acquired on many exchanges. I mean, it would surely be more challenging for people to buy the token on cryptopia or binance where they already had an account in, than creating a whole new account in a site that's entirely new (and only offer the said specific token pairs, if I may add).