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3 weeks 1 day ago #14303 by Paddy Delaney
Lol yes, sorry

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3 weeks 1 day ago #14297 by Robert

Paddy Delaney wrote: You can buy a pocket of potatoes for £5 or a KG at £1...I have seen lots of people just buy a £1 Worth....


Just a note for all the people out there that have not had a lot of contact with South Africans, a Pocket of Potatoes is a large bag of around 10 kilos.

LOL.
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3 weeks 1 day ago #14292 by Paddy Delaney
Remove the speculation aspect out if Token trading and when you look at the underlying utility value to owning and acquiring as many free float Tokens as you can and many prudent investors will discover that acquiring as many as you can early on will be super profitable in the medium in medium to long term was a very good decision...and so what if you paid an effective price of £10.00 buying Nanos that are worth double that in days
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3 weeks 1 day ago #14289 by Prosperitywithpurpose

Paddy Delaney wrote: The average consumer does not do that


The average consumer CANT do that!

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3 weeks 1 day ago #14288 by Paddy Delaney
The average consumer does not do that

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3 weeks 1 day ago #14286 by wayne kemp

Paddy Delaney wrote: I bet you Wayne that you have done this before...and thought nothing of it because you only wanted a KG of potatoes and only hadca £1 worth


i agree paddy ,but if they were golden potatoes ,i would make sure i did my homework and had a look around for the best price per potato and only pay the gram price, if its better than kg price .

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3 weeks 1 day ago #14284 by Paddy Delaney
I bet you Wayne that you have done this before...and thought nothing of it because you only wanted a KG of potatoes and only hadca £1 worth
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3 weeks 1 day ago #14283 by Paddy Delaney
You can buy a pocket of potatoes for £5 or a KG at £1...I have seen lots of people just buy a £1 Worth....
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3 weeks 1 day ago #14282 by Paddy Delaney
And millions will only have a few pence to spend
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3 weeks 1 day ago #14281 by Paddy Delaney
VERY soon there will be millions of Members receiving mined nano and Picto units in every reducing denominations as the weighted Value is increasing due to the fact that every day there is millions of Account holders with money coming into their derived accounts that need to find a home...

Sellers will use a tool we are developing that will allow them to offer than 5 Crypto for sale at the current Weighted price plus 5% and divided into 1000 parcels of Nanos... releasing 1000 offers for sale of 50 000 Nanos each at say an effective rate of £105 for a crypto = 10.5 pennies for every parcel of 50 000 Nanos...

The trade will take place in a nano second as millions of people will be sitting with even 5 Penny in their Derived Account and prepared to top up by 5.5 pennies from their FREGA Account... because the Chase is on...

Very few Members will have whole crypto to sell and when we note the underpin for all these tokens are increasing every day and FregaCrypto is a golden Token ...it is clear what is going to happen.

An increase in the value if all Crypto Tokens will make our White Label opportunity and our Trading platform the biggest game in town...

More so when we now have an increased Weighted normal price that is 5% higher.

Large traders will want to list their tokens and white label them in our platform and in the process bring more of their customers in to our Frega ecosystem
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3 weeks 1 day ago #14280 by wayne kemp

Paddy Delaney wrote: It may appear to not make commercial sense to buy Nanos with an indicative price of £10 where you can buy a while Crypto at £5...

What you are going to discover in the VERY near future is that there will be millions of accounts with say £0.10 sitting in the Derived Income Statement earning nothing ...you can use this to buy Nano at a £10 effective rate or wait until it has accumulated to £5 over say 6 months and buy the whole crypto for £5 only to discover the Crypto is now £50

This does not make commercial sense


yes i can see this if you only have a few pence to spend

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3 weeks 1 day ago #14279 by Paddy Delaney
It may appear to not make commercial sense to buy Nanos with an indicative price of £10 where you can buy a while Crypto at £5...

What you are going to discover in the VERY near future is that there will be millions of accounts with say £0.10 sitting in the Derived Income Statement earning nothing ...you can use this to buy Nano at a £10 effective rate or wait until it has accumulated to £5 over say 6 months and buy the whole crypto for £5 only to discover the Crypto is now £50

This does not make commercial sense
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3 weeks 1 day ago #14278 by Paddy Delaney
We will open an Ethereum wallet to deploy data and access to data including our smart contract that joins everyone to be a member of cooperative ...the social Contract of mutual and symbiotic benefit.... anyone wanting to access and commercially use our data will technically have to be in the same position .. namely a member if Frega ecosystem
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3 weeks 1 day ago #14276 by wayne kemp
So if we are not going to list on any exchanges does that mean we dont need to open an etherium wallet .

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3 weeks 1 day ago - 3 weeks 1 day ago #14268 by Gill Poole

wayne kemp wrote:

Martin Hill wrote:

wayne kemp wrote:

wayne kemp wrote:

Robyn Lockhart wrote: I agree Wayne (my observation already shows some more popular nanos leaping ahead with frega soon well in front) and I have ideas for more accurate formula/algorithm to get a stable reliable market value automatically - what is in place now is too approximate and the nano pictos dominated and skewed it- i will find one that it doesn't matter the denomination it will stay accurate. and very soon the market will dictate it anyway.


yes your the one that will sort this ,your our numbers girl .


i think some members are playing the nano game ,to manipulate the price ,i just sold 7000000 nano for 5.25 pound which equates to 7.5 pound a crypto and there are crypto for sale at the same time for 1 for 3 pound .no one can be that stupid .im not complaining ill pay 75 p plus my 5.25 ,from my nano sale and buy 2 crypto .WINNING .


I know myself if I have a few penny's sitting in my driveid account or transfer it from frega into my Derived account. I don't have enough to buy 1 crypto, so most of the time Nanos is what I'm buying at the cheapest price, but it could look I'm would of paid 7 pounds if it was a full crypto coin. but that ok in the long term strategy. they are going up though the way our system is mined anyway all in good time.


yeah but what im saying is why would somone pay 5 pound for 7 million nano when they could buy a whole crypto for 3 pound which was selling at the same time .Two answers manipulating or stupid .


I think it is a learning curve for some people. Don't be too harsh.
I buy anything below 0000060, preferably less... I did see 5 (6mill) nanos for 00000009... that's 8 digits but the transaction couldn't proceed as too low.
I also get the impression that comparisons are not being drawn between the value of cryptos and nanos... so pays to delete the the trade if anything comes to over a £1 in nanos...and look at the cryptos.
We are only playing with each other so there are those who are working on vunerabilities.

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3 weeks 1 day ago #14266 by wayne kemp

Martin Hill wrote:

wayne kemp wrote:

wayne kemp wrote:

Robyn Lockhart wrote: I agree Wayne (my observation already shows some more popular nanos leaping ahead with frega soon well in front) and I have ideas for more accurate formula/algorithm to get a stable reliable market value automatically - what is in place now is too approximate and the nano pictos dominated and skewed it- i will find one that it doesn't matter the denomination it will stay accurate. and very soon the market will dictate it anyway.


yes your the one that will sort this ,your our numbers girl .


i think some members are playing the nano game ,to manipulate the price ,i just sold 7000000 nano for 5.25 pound which equates to 7.5 pound a crypto and there are crypto for sale at the same time for 1 for 3 pound .no one can be that stupid .im not complaining ill pay 75 p plus my 5.25 ,from my nano sale and buy 2 crypto .WINNING .


I know myself if I have a few penny's sitting in my driveid account or transfer it from frega into my Derived account. I don't have enough to buy 1 crypto, so most of the time Nanos is what I'm buying at the cheapest price, but it could look I'm would of paid 7 pounds if it was a full crypto coin. but that ok in the long term strategy. they are going up though the way our system is mined anyway all in good time.


yeah but what im saying is why would somone pay 5 pound for 7 million nano when they could buy a whole crypto for 3 pound which was selling at the same time .Two answers manipulating or stupid .
The following user(s) said Thank You: Kiwianne

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3 weeks 1 day ago #14265 by Martin Hill

wayne kemp wrote:

wayne kemp wrote:

Robyn Lockhart wrote: I agree Wayne (my observation already shows some more popular nanos leaping ahead with frega soon well in front) and I have ideas for more accurate formula/algorithm to get a stable reliable market value automatically - what is in place now is too approximate and the nano pictos dominated and skewed it- i will find one that it doesn't matter the denomination it will stay accurate. and very soon the market will dictate it anyway.


yes your the one that will sort this ,your our numbers girl .


i think some members are playing the nano game ,to manipulate the price ,i just sold 7000000 nano for 5.25 pound which equates to 7.5 pound a crypto and there are crypto for sale at the same time for 1 for 3 pound .no one can be that stupid .im not complaining ill pay 75 p plus my 5.25 ,from my nano sale and buy 2 crypto .WINNING .


I know myself if I have a few penny's sitting in my driveid account or transfer it from frega into my Derived account. I don't have enough to buy 1 crypto, so most of the time Nanos is what I'm buying at the cheapest price, but it could look I'm would of paid 7 pounds if it was a full crypto coin. but that ok in the long term strategy. they are going up though the way our system is mined anyway all in good time.
The following user(s) said Thank You: Kiwianne, Fred1

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3 weeks 1 day ago #14263 by wayne kemp

wayne kemp wrote:

Robyn Lockhart wrote: I agree Wayne (my observation already shows some more popular nanos leaping ahead with frega soon well in front) and I have ideas for more accurate formula/algorithm to get a stable reliable market value automatically - what is in place now is too approximate and the nano pictos dominated and skewed it- i will find one that it doesn't matter the denomination it will stay accurate. and very soon the market will dictate it anyway.


yes your the one that will sort this ,your our numbers girl .


i think some members are playing the nano game ,to manipulate the price ,i just sold 7000000 nano for 5.25 pound which equates to 7.5 pound a crypto and there are crypto for sale at the same time for 1 for 3 pound .no one can be that stupid .im not complaining ill pay 75 p plus my 5.25 ,from my nano sale and buy 2 crypto .WINNING .

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3 weeks 1 day ago #14259 by mike
Just listened to zoom meeting , all getting very exciting Paddy

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3 weeks 1 day ago - 3 weeks 1 day ago #14258 by Martin Hill

Steve Weller wrote: Yes ...Lots going on behind the scenes :) we need a decent amount of raw data before the algorithm is put into play completely.
Every different token and white label etc.. is going to have a life of its own with weighted values not governed by a few random trades which tend to give False Positives in the market price as you would have seen to begin with.
As more trading takes place the market will start to right its self naturally and all the different tokens will right their own values with all their different underpins and we will refine the algorithm to keep the market realistic for all tokens in place, for the most though it is the trends of the actual data/trades that gives the true values of every Token :)

I think that the greater amount of members trading will make it far easier to get a real waited value. This is only a matter of time as new businesses bringing there customers onboard that will have a naturally invested interest, as utility sale's are rewarded Crypto's and Verticals . Upwards and Onwards.
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