/biz/ - Business & Finance

[Anonymous No.3422220]

https://www.reddit.com/r/waltonchain/comments/6zazu9/walton_angel_investor_shen_dongxie/

This is big.

[Anonymous No.3422280]

[Anonymous No.3422295]

HIS

[Anonymous No.3422298]

wake me when they have people interested in this shit that arent just chinks

[Anonymous No.3422302]

>>3422298
chinks aren't able to trade this coin.

[Anonymous No.3422307]

>>3422298
>that arent just chinks
you want to get in before that point you dumbass

[Anonymous No.3422315]

>tfw bought at 2.25€

Will I ever make it? is this ever going higher than that?

[Anonymous No.3422319]

Stop shilling this shit coin. RFID has been an aged and stable tech. It will eventually be replaced by more reliable nano-chip technology.

Pic related. It's WTC's secretary literally leaking that WTC will crash.

[Anonymous No.3422336]

>>3422319
FUD. some faggot said he was scared of losing his money, so she told the pussy faggot to sell. just like anyone here would do.

[Anonymous No.3422340]

>>3422319
By aged and stable I mean export industries have literally 0 need for an expansion on it. It solves no problems. Have you ever heard that there have been issues tracking a large amount of products and that decentralization would be the only way to stop it? Just picking a niche and saying "this... ON THE BLOCKCHAIN!" doesn't make it an amazing coin.

[Anonymous No.3422345]

Moon

[Anonymous No.3422347]

Retailers are definitely adopting RFID in the near future and I've had discussion with large retail groups about blockchain. That's why I invested in WTC, seems like a nobrainer to me.

[Anonymous No.3422354]

>>3422340
wrong. 2016-2024 RFID sector is expected to double. Combined with the benefits of a trustless, permanent, standardized ledger and you're undercutting all the competition in a 20 billion dollar industry.

[Anonymous No.3422358]

>>3422336
Can you explain to me how integrating blockchain with RFID is a reason for businesses to invest money, time, and effort into Waltonchain rather than using their own, private, tested and reliable solution?

[Anonymous No.3422371]

>>3422340
https://www.forbes.com/sites/barbarathau/2017/05/15/is-the-rfid-retail-revolution-finally-here-a-macys-case-study/#42a06d0c3294

Don't talk if you don't know

[Anonymous No.3422376]

>>3422340
https://www.forbes.com/sites/barbarathau/2017/05/15/is-the-rfid-retail-revolution-finally-here-a-macys-case-study/#24f143dc3294

[Anonymous No.3422389]

>>3422358
trust issues are one of the major factors in big b2b import/export ventures.

disagreements, lawsuits, won't be as big of an issue when there's a trustless permanent public ledger of each piece of inventory available to both parties.

[Anonymous No.3422391]

>>3422354
How exactly is it undercutting competition when businesses who would use WTC technology would have to keep purchasing a crypto currency that fluctuates (and is severely manipulated) on a daily basis? Why not use a private solution at a static fee? Genuinely curious as I only see this introducing more problems than it solves.

[Anonymous No.3422436]

>>3422391
cause private solutions are for-profit companies.
although walton is too, when you're dealing with trillions of dollars in inventory, there's enormous costs of operating fees, compliance, legal, etc.

walton's aim is to offer a standardized, international, and trustless solution where they only have to deal with compliance/legal once at the start. If their system works, the blockchain tech will ensure it'll continue to work at scale with minimal upkeep.

[Anonymous No.3422475]

>>3422391
Blockchain has more applications than just currency. You can use it as a business ledger by making all of the transactions internal.

[Anonymous No.3422494]

>>3422391
http://www.waltonchain.org/#anchor2

you can download the white paper and read at page 28
Just search stop asking

[Anonymous No.3422501]

>>3422319
Holy shit, glad I got out of this shitcoin

[Anonymous No.3422512]

>>3422501
Why shitcoin ?

[Anonymous No.3422516]

>>3422501
really? are you legally retarded?

do you need someone to explain to you how bad you fucked up?

[Anonymous No.3422524]

>>3422436
>>3422475
I understand that. What I mean is the following:
Businesses spend WTC for the continuous writing of data to the blockchain. If a business purchases 100,000 WTC at $1/WTC, and over the course of spending coins, the value of the coin drops to $0.50, didn't the business pay twice as much for the use of Walton's RFID blockchain tech? Also, if a business wishes to use Walton, and they have to buy it from an exchange, limited supply at a specific price could cause major overhead for the business i.e. having to buy 100k WTC at market price, causing the price to swiftly go up to i.e. $2 then back to $1. It just doesn't seem viable.

[Anonymous No.3422537]

>>3422220
im going all in, just this once

[Anonymous No.3422570]

>>3422537
All in aswell dear waltonite

[Anonymous No.3422576]

>>3422524
Read the whitepaper dumbfuck

[Anonymous No.3422587]

>>3422576
I must have missed it in the whitepaper. Can you clarify?

[Anonymous No.3422590]

sold all my bnb for this. i have good feelings about it

[Anonymous No.3422602]

Got my buy order set at 19k. I expect it to be filled by next weekend at the latest, if not Tuesday.

[Anonymous No.3422603]

>>3422524
WTCs (like any coin) are divisible by x number of decimal points. it's not like you pay a standardized amount of WTC per transaction. The market will dictate the cost of operation. It's based on smartcontracts between initiation nodes and accounting nodes and has the ability to spawn infinite child chains without inflating the size of the blockchain. read this quote:

"WTC is the cost paid by the transaction initiation node to the
accounting node. The accounting node can set the minimum cost that can be accepted and the transaction initiation node can set the maximum cost to be paid; when both conditions are met, the transaction will be successfully written to the block chain preventing spam, bloat, and bad actors from using the network as well as overseeing the fees associated with the technologies overhead."

[Anonymous No.3422625]

>>3422590
If Walton win the fair we moon and never come back.

[Anonymous No.3422630]

>>3422602
Only if China news turn out to be really bad/true. I don't see this going much lower anymore, people are starting to accumulate

[Anonymous No.3422644]

>>3422603
I can see that, but that doesn't really solve the risk issue when businesses have already spent the WTC. If a business spends WTC during a large export job and the price of WTC halves during or after its usage, that could still cause major overhead, correct?

[Anonymous No.3422681]

>>3422644
I would imagine that the conditions of the smart contracts between the accounting and initiation nodes will allow for the price of the transaction to follow the market in USD (or Yuan or whatever currency)

[Anonymous No.3422704]

3 shekels over night

Mark me words

[Anonymous No.3422716]

>>3422644
You're assuming they buy from an exchange, and at a serious volume at that. Unlike us plebs, they could just buy straight from the company.

Plus, the point of buying a tool isn't for it to increase in value in the future, or even maintain value. If a flawless ledger gives them information that they can use to make a profit, then the tool has served its purpose.

[Anonymous No.3422730]

>>3422704
i don't know how many satoshi that is

[Anonymous No.3422748]

>>3422716
If WTC is bought directly from the Walton company at a fixed price, what use does WTC have on exchanges? When do OUR coins get bought by a company and consumed for the blockchain?

>>3422681
That would still cause overhead when the price drops after consumption of the coins. The only way I see WTC being reliable is if the coin is as stable as TUSD, and that completely defeats the purpose for us to buy.

[Anonymous No.3422754]

This isnt going below 32k sats. Going to quintuple by next month.

[Anonymous No.3422780]

>>3422748
don't put money in don't worry

[Anonymous No.3422809]

>>3422748
5) Profit mechanism: the Walton Coins issued by ICO are the tokens of Walton's
fundamental chain. With the development of the fundamental chain and its sub
chains, the protocol mechanism of Walton system has decided that the Walton Coin,
as the mother token, will receive dividends from all levels of the system in order to
nurture the block chain system of Walton, making it more robust and safer and
bringing about a harmonious virtuous circulation.


I'm a brainlet, but I think the idea is that you hold them to maintain the chain and collect dividends from the company that uses it.

[Anonymous No.3422830]

>>3422748
let's say you're a company and you want to ship a banana today and a banana tomorrow. and each walton is worth a buck. you shop around and come across these:

Today:
Company A $5
Company B $6
Walton - 2 WTC~ depending on the accounting nodes

You pick walton and end up shipping for 2 WTC or the equivalent of $2.

Cool you've just saved $3-4 on your shipment.

Now tomorrow rolls around but walton's price has now doubled. you have the following options:

Company A $5
Company B $6
Walton - 2 WTC (or $4)~ depending on the accounting nodes.

You pick walton and end up shipping for 2 WTC or the equivalent of $4

Cool you've just saved $1-2 on your shipment.
---------------------------------------------
How does this create overhead?

[Anonymous No.3422835]

My biggest concern is not the coin itself, but HK follow suit to China.

[Anonymous No.3422873]

>>3422220
So glad I didn't listen to people here telling me to sell at rock bottom due to China FUD.

[Anonymous No.3422886]

>>3422835
https://www.reddit.com/r/waltonchain/comments/6zazu9/walton_angel_investor_shen_dongxie/

he's running for member of Congress and that could help foster better trade relationship between China and Korea.

[Anonymous No.3423271]

The best thing to do with WTC is to buy it and not look at your balance for the next 6 months.

[Anonymous No.3423279]

>>3422886

[Anonymous No.3423293]

>>3423271
This

[Anonymous No.3423792]

The Walton Dev team is legendary

[Anonymous No.3423804]

Yes, Sheng Dongxie best investment capital

dear sirs, where can I has deposit ETH to obtain based Waltons

[Anonymous No.3423886]

>>3423804
Well, now I know who Chuck Tingle is, and thanks for that.

[Anonymous No.3423898]