Topic: Spectre.ai information - Trading platform now LIVE! - page 119. (Read 89701 times)

Spectre.ai has two token types, utility tokens and dividend tokens. The latter are listed on lower liquidity exchanges like ED indeed as they are securities. The former, utility tokens, will be listed on some of the larger, more prominent exchanges.

A list of these will be made available after the ICO. When you contribute during the pre-sale and main sale you get a 'Stem Token'. This is instant. You then can convert this into either the utility or dividend token as you like after the 10th of December (this is the final date of the ICO). After conversion you can transfer these/trade them wherever.

Hope that helps,
Team Spectre

Yes, they will be available on smaller exchanges, as they are a security.

Will spectre dividend tokens be available to trade after the ICO is completed i.e. EtherDelta for example?

That's exactly my opinion, I really like the way how the Spectre Team communicates and how it deals with hard criticism.

I congratulate the Spectre team for the logical answers to the people who try to manipulate the project. you are nothing but a few self-aware. We believe spectre, it does not matter what do you think

i agree with you. according to their white paper, they promise beautiful things we will see what happens when SPEC will entered the markets.

Well FUD me! You Isreali broker kunts decide to show up and phuck around, lol... I would worry more about going to jail then seeing if SPECTRE will eat your lunch, which it will. Nothing you can do about it. SMART OPTIONS = No DEPOSIT - NO BROKER - NO FRAUD! Your day is done you are as dead as the binary options industry is. The really big $ is yet to come, the small time Israeli con men need not apply, time for the BIG BOYS to step in and show what is really possilbe. SMART OPTIONS stand for a "FAIR BATTLEGROUND" for traders and 100% decentralized so you can't steal peoples accounts with your crooked roach motel deposit method. Give up you low lifes, technology and the good will of the people have beaten you once and for all... Game... Set ... Match... One thing to note about the pathological disgusting conmen/criminal brokers is they always associate with people as gross and crooked as them, example examine HarvyW = Harvey Weinstein the sexaual predator? Anyway the point is SPECTRE is the FUTURE and BROKERS are the PAST! You LOST now it is time for the WINNERS to take over, so SPOTOPTION, Binary.com, STOX and who ever the phuck you broker shills are. PHUCK OFF! A new era in trading has begun! SPECTRE IS THE FUTURE! LEARN IT, LIVE IT... ACCEPT IT! Go scam your mothers you douchebag cawk suckers!

Also can you make it an more obvious you phucking RETARD that HarvW is Hiaco Taki geezuz do you really enjoy talking to yourself like that? Phucktard...

People must understand that Spectre offers a CHOICE. Everybody can choose what trading system fits them best.

Shady and fraudulent companies, who do not openly reveal their balance sheets and targets, and use questionable ways to attract customers, can very well be thrown in a dustbin. I think everybody agrees with that.

What are you completely agreeing with here? No valid points at all.
This guy is clearly a broker feeling threatened by the spectre project. Glad to see this, because spectre will be "draining the swamp" of these grease balls.
If you took your time to read the in depth whitepaper and joined the telegram channel. The spectre team had not hid behind any questions or concerns from contributors.

A newbie accounts made today, and only 2 post directing an attack on this great project, with no understanding how the ethereum blockchain works. Sounds like a threatened broker spreading FUD to me.
Im sure this guy wont be logging into his fake account anymore.

Best believe this is happening, spectre ai will be chasing these scummy brokers out of business.

The ico price is normal i'm thinking to buy 20k SPEC. The SPEC projects looks very good for who thinks for long term invest. When the SPEC entered to bigger exchanges like Bittrex or Polo de will be more happy 

They DO earn on commission it says it in their whitepaper. NOT JUST LOSSES LOL. And NO that is not how real brokers work. The brokers you are describing are STP brokers but you're telling me FXcM was that? ROFL or IRON FX? OR BANC DE BINARY? yeah a "REAL BROKER".

GTFO you spammer

I have spent last hour reading this entire thread and all I see is a bunch of guys patiently answering EVERY question properly. Then I come across you, probably a spectrecoin FUDTARD or some broker threatened that their very existence comes into question.

clearly you have never traded a day in your life. Being a broker as you openly admit why would you know the actual problems traders face?. I worked for iforex and IG markets for over 4 years. Guess what? LTV over $3,900 on CFDs and on higher leverage products we were getting over 5,000 EURO yes EURO per client. Then as a trader I lost money hard. Binaries getting banned MEANS THEY CANT RUN THE PLATFORM FROM THERE you dimwit. Do you know how many licenses fx and options brokerages are applying and being granted around the world every month? Do you really think that none of these are offering binaries. ever heard of DUKSASCOPY? They are based in none other than....drum roll....SWITZERLAND, the country with the toughest regulation. How do they offer Bins? What about BINARY.COM? They are growing huge but they profit from losses.

I can tell you having been scammed badly once in binary and once I had to get a lawyer involved to recover funds from a Romanian fx broker, BROKERS MUST GO.  For you to sit here and try and throw bullshit stats when you yourself know that traders LOSE money over time is underhanded. To say "YOU NEED A BROKER TO MAKE MONEY"?? Seriously now? pfffft get out of here you LIGHTWEIGHT. I know exactly your type. You are PART OF THE PROBLEM. I spent the last 4 hours going over spec since you brought up the points that I thought were genuine but then i see you just posting wrong numbers. You know what they call that? F U D. Then I see your 2 posts and the fact youre a promoting brokers..hmmmm...put 2 and 2 together. Yep. You FEAR what these guys are doing. rofl.

You are a LIGHTWEiGHT who works FOR A BROKER judging by your statement.

Friel

I have investes in two other ICO's relating to Binary Options. And I have regretted this very much. These binary ICO's are popping up every day. Newest I think binary.com
So after investing I looked (to late) into this business and the potential.

You haven’t read our whitepaper so if possible, try and stop ranting and carefully read our responses. Binary.com is a centralised Binary broker raising money to continue their existing model and tokenise end of year profits to dividends. Our’s removes the broker completely out of the equation and replaces them with a decentralised, autonomous liquidity pool (DALP) and P2P model. This allows traders to trade a range of digital options, smart CFDs and traditional a-book trading. Not sure what makes you believe we are a binary broker – there are no deposits on our platform and no broker present.  We don’t offer binary options. The nature of our contracts covers binary outcomes as well, however these are Smart Options and Smart CFDs (ULC) and other contract types. Everything is governed by smart contracts which is the big difference which you clearly have missed.

THIS SPECTRE PLATFORM WILL NEVER WORK !! (of course they do not care, only if the ICO works)

It already works. The pool has grown, traders love it. Defamatory statements that are misleading will result in you being tracked down and sued for defamation. We are happy to escalate this.

1. They say they will apply for a EU license The 1st of January MIFID II will get in effect, meaning 95% of all EU countries will ban Binary Options. So this license is worthless. It can only be used in the EU. US, Canada, Brasil and many other countries and continents have already stated that offering Binary options is illegal. Binary Options are dead !>> clearly no real research was done or ignored

We have actually met with regulators including CySEC. Clearly your understanding of MIFID 2 is lacking as MIFID 2 is not actually even published. MIFID 2 doesn’t ban binary options. There is no information on that. Binary Options are not allowed to be marketed in select regions like Canada or Israel. However, as you can see digital options are big in the U.S as traded under CFTC regulated NADEX who has no plans to ban them. Binary.com which operates under a gaming license in Malta is actually one of the market leaders and will they be shut down by MIFID 2? Absolutely not. Is IQ Option being shut down by CySEC? They are one of the biggest binary players in Europe and operating well within the law. Again, we offer Smart Options (both all or nothing and digital options however our contracts are governed by smart contracts on the Ethereum blockchain, so there is no opportunity for financial fraud) and CFDs and traditional A-Book trading. You have clearly misunderstood what Spectre.ai does.

2. Financial statement is total guess work (or just pumped up for this ICO)
All other Binary ICO companies have set out income and cost of running a binary platform.
Running such a platform cost a lot of money (especially marketing) and this all going to be paid for with a 2% margin , get real !

Actually our 2% model on SOs and 2-20% of spread on CFDs works like a charm. It more than covers our cost base (we don’t have account managers like you do at the broker you work for) so our human-asset intensity is far lower.  Also don’t forget we hold d tokens that participate in volumes not only on the normal divvy but end of year special divvy as well. That flows through as operating income. We’re a tech company, not a financial broker. Ergo, our cost base mirrors the former, not latter. Login to our platform and you can see the total dividends paid out, growth in the liquidity pool since the alpha went live around 1.5 months is over 5k ethers, which validates all of our forecasts. Our win rate assumptions included. We have the data, not sure what you’re operating on.

They state a client value of 2500, this is absurd. Not even the largest Forex brokers have such a value. Traders putting 8 trades every day ?? They do not go on holliday or take a break or stop trading...?
>> this team has no experience and is making up numbers

Again, as you haven’t read our white paper or gone into our detailed Forecasts model, you are not in a position to speak with any real authority. Nowhere is the LTV stated as $2,500. It is at $800-900 (page 14 Whitepaper), go to our Forecasts model as well and look at cell B72. With regards to holidays and breaks, yes actually we do factor that in, look at cell number B71. It assumes 110 days of trading (which is based on actual FX and DO data). So everything you have categorically said is false and misleading. Now yes, if you divide Gross Revs by the number of traders you get a net-volume per trader of around $2.4k (aka gross-ltv) however the LTV to us and token holders (net-ltv) is far lower owing to the mechanics of the DALP. Additionally, the LTV for FX traders is far higher than BO traders and our forecasts include a blend of both types of traders not ‘depleted binary option traders’. Many European FX brokerages have client LTVs of EUR 3,000 +. Some are at EUR 1,800 but the average is way higher. Most importantly, our data and assumptions on both net-LTVs and gross-LTVs are coming from one of the market leaders in Europe in binaries (volumes, win-rates, everything) so we have actual data verification behind our assumptions.


3. NO CONFLICTOF INTEREST ??
Spectre is no broker, but it sure as hell is a counter party of their traders! Traders loose and the company wins.
If clients win, this Holy Grale (the liquidity pool) is going to get empty and this means no income for the company (or token holders) , so what is keeping them from rigging the platform ?

Based on this question it is clear that you don’t understand how the Ethereum block chain works, nor how immutable smart contracts interface with multi-sig wallets. We are not a counterparty to anything. Trader trade p2p or against the DALP. The Ethereum blockchain guarantees orcalised pricing so truer and fairer entries and only smart contracts control fund flows (not humans) after trade outcomes (wins, losses, close TP/SLs). It is theoretically impossible for us to extract funds from the liquidity pool (DALP). The only way spectre.ai’s wallet and d token holder wallets get paid are through volumes (not just losses; we are agnostic whether the client wins or loses). Again, loosely glancing over our whitepaper but not actually understanding what we do is going to result in false conclusions.

They say all brokers are scammers (which is true). But where do they get this winrate of 52% (needed for them to make a profit). This company has no experience in running a binary company, so these numbers come from other brokers (correct: scam brokers) And why is the win rate so low, because if the broker does not scam, the winrate will be much higher!

The win rate is actually 49.8% on binary options and we have this from one of the market leaders in Europe with trade data totalling over thousands trades and thousands of customers (sign an NDA with us and we can release that information in confidence, no problem). We build in a higher win-rate on our platform (52%) because our trading platform actually has good risk management features and emotion control algorithms that ensure clients don’t destroy their account within weeks of depositing. Our current win-rate on the spectre.ai dapp which has seen millions in volume go through it already is tracking close to 52-54%.

4. Make a choice , token holders or traders !
Spectre is promoting the platform to traders and pretending that they will offer all the tools to be a successful trader. This is great ! For the traders, but not for the shareholders (clients need to loose to make money) On the other side they promote ICO investors that they are going to offer a profitable trading platform, in which clients will loose on average 2500€ ..

Again, as you haven’t read our white paper or gone into our detailed Forecasts model, you are not in a position to speak with any real authority. Nowhere is the LTV stated as $2,500. It is at $800-900 (page 14 Whitepaper), go to our Forecasts model as well and look at cell B72. With regards to holidays and breaks, yes actually we do factor that in, look at cell number B71. It assumes 110 days of trading (which is based on actual FX and DO data). So everything you have categorically said is false and misleading. Now yes, if you divide Gross Revs by the number of traders you get a net-volume per trader of around $2.4k (aka gross-ltv) however the LTV to us and token holders (net-ltv) is far lower owing to the mechanics of the DALP. Additionally, the LTV for FX traders is far higher than BO traders and our forecasts include a blend of both types of traders not ‘depleted binary option traders’. Many European FX brokerages have client LTVs of EUR 3,000 +. Some are at EUR 1,800 but the average is way higher. Most importantly, our data and assumptions on both net-LTVs and gross-LTVs are coming from one of the market leaders in Europe in binaries (volumes, win-rates, everything) so we have actual data verification behind our assumptions.

Whether you like it or not, take a look at Oanda’s latest audited reports, 65-70% of traders even in a safe a-book environment lose money. It’s that simple. Of course the traders that are good and deserve to win should get paid and that’s exactly what we create a true and fair trading environment.

Also with regards to trading profits as a percentage of total Spectre.ai and token holder revenues, you have completely misunderstood how the Dapp store works and what adjacent fin-tech sectors/areas the DALP will connect to thus diversifying revenue streams.


So What is it ?What is your goal, make us rich or make traders rich !

To create the fairest and most transparent trading environment. Our technology means no deposits required, no brokers required, all prices independently verified. Those who win get paid, shareholders and Spectre.ai get paid on volumes (not just losses but both wins and losses) and Dapp store growth. Speaking in exclamation marks and screaming is not going to change our mission.

the only way both parties can profit if you are a REAL BROKER. A real broker earns on commissions, which means the more positions a traders opens the more commission you earn as a company and now you want the trader to win, as you will want him to place more trades Wink
Great company to set out an ICO and not saying it is a scam, but they have no idea what they are doing and have no experience. (look at the team) and this platform will go bust on traders winning (thats what you want, right? )

This is what a real broker does: https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/

People like you belong behind bars guising as customers when actually you are a broker yourself. Had you made that clear earlier, it would make a lot more sense that you had a dog in the fight. We mean this in every professional sense; shame on you for being a broker and part of the problem and trying to attack a technology that actually creates a fair and transparent trading environment for traders. Read the whitepaper.


Spectre.ai Legal

Gembira. Remember presale bonuses are distributed by first come-first served principle. 33% bonus tokens (2000 + 660 tokens) will be delivered to the first 100 million tokens, after that the bonus is 22% (2000 + 440 tokens) to the rest 140 million tokens.

Pre-sale will be started at 27th of October and ends on the 5th of November. Also 33% bonus include for pre-sale.

Hiaco Taki. Have you invested in Binary com ICO already? When will the ICO start? Do they have a presale? I have not found information about it.

Read the answers by Spectre Team to your questions.

They will be adressed. Give the Team some time, as they are now totally occupied with the presale deadline.

All of the points raised here are extremely valid and should be addressed here.

I completely agree. You have raised some very valid points which needs to be addressed here ASAP.

2900 Traders and 4900 investors...

All with different angle on this ICO.
Investors want Traders to loose money and Traders want to win on the platform. But what does Spectre want?  You are promosising both sides the Holy Grail

And why you do not address the issues in this forum?