Bitcoin discussions and knowledge share

[ksv_01]

Gurus, pls comment on UTK and QSP.

[ronitreddy]

4 hours ago, xxxmen said:

What is the best buy in current market? Ven ela vuntundi? @ronitreddy @Raithu_bidda_

I don't advise any sells/buys at this moment. 

VEN is just going through a retracement. It will bounce back for sure.. Definitely a long term HOLD

[ronitreddy]

8 minutes ago, ksv_01 said:

Gurus, pls comment on UTK and QSP.

Name: UTRUST
Website: https://utrust.io

Product category: Blockchain-based payment system

UTRUST aims is to build a next-generation payment gateway allowing buyers to use their favorite cryptocurrency to buy goods and services with confidence from merchants, incorporating a robust PayPal-like consumer protection and dispute resolution scheme. 

Total Supply: 500,000,000

Score:

Market demand: 7.7/10

Hype/Media coverage: 5/10

Team: 7.5/10

Financial/Business model: 6/10

Partners: 5/10

Risk: 4/10

Legal: 5/10

Strong sides: 

- Promising business model that connects online merchants with customers; 
- Large potential customer base; 
- Strong market demand;
- Company claimed to be registered in Switzerland;
- Sizable team.

Weak sides:
 
- Very high competition from other companies with identical ideas - Eg: Monetha.
- Idea is easily replicated, and it’s unclear why large merchants would use this coin, instead of incorporating direct BTC/ETH trade through other companies;
-Relatively small hype over the project;

Risks: 

- There are several legal risks associated with the concept of connecting online merchants and cryptocurrency. Cryptocurrency is a subject of taxation, and considered as assets / securities in several countries. That might be a huge obstacle for merchants, since they might face legal issues.

- Their business model hasn’t been tested on a large market scale, and we don’t know how team will deal with upcoming legal/technical/financial issues

Overall score: 5.7

Verdict: Project is aimed to solve serious market issue and increase cryptocurrency liquidity. However, untested model, large competitors and legal issues might create a serious investment risks. 

[ronitreddy]

Name: Quantsamp

Website: https://quantstamp.com

Product category: Security verification protocol for smart contracts on Ethereum platform

Quantstamp is a security verification protocol for smart contracts designed to find vulnerabilities in Ethereum smart contracts. Quanstamp is a protocol that solves the smart contract security problem by creating a scalable and cost-effective system to audit the smart contracts written by software developers on the Ethereum network.

 

Token Sale has 2 stages: Presale and Crowdsale. The Presale is for people who submitted a Proof-of-Care application before 8pm UTC on October 31, 2017 and pass a KYC check. The Crowdsale is for people who registered for Whitelist and pass a KYC check.

Symbol: QSP

Score:

Market demand: 7.5/10

Hype/Media coverage: 7.5/10

Team: 6.5/10

Financial/Business model: 7/10

Partners: 5.5/10

Risk: 7.5/10

Legal: 7.5/10

Strong sides: 

- Amount of smart contracts is growing, therefore demand for automated verification is growing too.
- Interesting business model that can become successful if executed correctly 
- Existing proof of concept 

Weak sides: 

- Concept can be replicated by competitors

- Validation process is not tested fully. Any security break might destroy trust to this platform. 

- It relays strongly on Ethereum platform. It’s a strong side, however it creates additional risks which are related to Ethereum platform errors/mistakes or security breaches. 

Overall score: 7.0

Verdict: Quantstamp is a great mid-term and long-term project, with large development potential. It solves serious market problem and satisfies existing demand. We think that this project is intriguing from investor's standpoint.

[ksv_01]

Thanks brother. 

[ronitreddy]

2 minutes ago, ksv_01 said:

Thanks brother. 

No problem. Please DYOR and invest.

[xxxmen]

2 hours ago, ronitreddy said:

I don't advise any sells/buys at this moment. 

VEN is just going through a retracement. It will bounce back for sure.. Definitely a long term HOLD

Why bro inko debba paduda

[ronitreddy]

24 minutes ago, xxxmen said:

Why bro inko debba paduda

Never know. The market trend is still bearish.

Currently, BTC is consolidating between 10.8K and 11.7K, trying to cross the 12K resistance line. If it gets crossed, next stop would be 13K.

If it takes a downturn, we might see BTC between $8 and $9K. 

[ronitreddy]

[jbunny007]

[karna11]

10 hours ago, jbunny007 said:

enti inkoo Neo coin like Gas?

[netflixmovies]

On 1/11/2018 at 3:45 PM, 9ine said:

Buy some NAS/NEBL/ICX or save for WANchain.

WANChain epudu release dude

[tom brady]

On 1/11/2018 at 12:45 PM, 9ine said:

Buy some NAS/NEBL/ICX or save for WANchain.

I would suggest to buy wanchain based on the price it hits the exchange..there were some speculations that it would be around 10$..if it is that, it will be dumped heavily for sure by considering what it's market cap becomes...so I would suggest to buy if it comes out around 5$

[netflixmovies]

Danyavadalu

[netflixmovies]

Anta silent vunaru...emana tips chepandi newbies ki