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BitClub Network Scam Review -The Real Truth About BitClub Network and Bitcoin Mining

hey what's up guys Marko is here and coming to you in this video assuming that you are interested in Bitcoin mining you have been reading and listening a lot about bitcoin mining lately and you have decided to dip your toes but you don't know much about it you don't know how to start so I've decided to make this video either you are having bitcoins or not I'm going to explain you how to get them how to invest them in mining equipment and I will break down all the process step by step on what you have to do and also at the end I will leave my details you can contact me directly for any questions or if you get started or you feel simply need for some help I have prepared some slides so you can follow much easier and keep track on what am I talking about in there I will give my best to explain all briefly so time to move on let's dive in here we are as I mentioned earlier and I will tell you and explain you how you can do Bitcoin mining having or not having previously bitcoin in possession I will give you some informations in general about Bitcoin so there are many things to know about the Bitcoin but for the time being I just want to tell you shortly what you can do and there are so many things that you can do with Bitcoin out there like you can purchase it you can leave it in your wallet there is a lot of people that are securing their funds in Bitcoin there's so many companies accepting Bitcoin as a valid form of payment like Amazon is accepting it they are giving even discount from purchases with Bitcoin also Lamborghini already for some time they do accept bitcoin as a payment method and there is so many other companies globally accepted accepting it there are living apartments being built into bided to be sold only for bitcoin and I love the link here down at the bottom 99 bitcoins calm okay in this place you can check a list okay you can check a list and you can check the companies that are companies in the world that are using bitcoins for payment and this list is growing daily okay it's just more cool for merchants to accept payment with bitcoin comparing with bank accounts or some other third parties where transactions are slow and fees are much higher than with bitcoin so this is one of the reasons what is making bitcoin price actually so so high and there is only like 1% of people that are getting bitcoin from its source by mining and when I say mining I mean accumulating bitcoin by securing blockchain network and investing in asset ok there to be actually financing in equipment that would be generating new bitcoin and I want to put accent on word equipment because there's so many Ponzi schemes out there and bitcoin scams and online space is saturated with that kind of that kind of Ponzi companies ok and I want to make clear that this is legit work where you are investing in something physical and actual asset now how does Bitcoin mining generates you money passively with some of the investments now what happens when you invest the money in shares of the company as you can see in a picture shares are actually these machines okay and this is called miner and when you purchase shares and invest in these – you are owning shares of a company actually and every of these miners that is being that you purchase it will be plugged here ok like this one here with a rest of them with the rest of the equipment and here is actually like million of these attached next to each other and each one of them cost five hundred dollars and all of them are all them are creating one supercomputer and all of them my bitcoin there on Iceland okay so moment purchase one we place order ship it to mining facility where will be pluged with the rest of the miners and you get mining for 1,000 days now you're asking yourself why 1,000 days one 1,000 days well I will explain you that during the during this presentation so you can understand why and you will get all points all points cleared now what is the purpose this data center on Iceland now once your equipment is plugged with the rest of the equipment it helps to secure transactions on blockchain network and for all those transactions that take place through our data center we get rewarded with bitcoin for securing these transactions and all miners get paid equally with Bitcoin and this is actually the way how accumulate Bitcoin and this is the way actually how you make more than you actually purchase now the mining facility is listed on heart rate distribution on blockchain that info blockchain dot info is a website where you can see all companies and all miners in the world and our company bit club is listed among the sixth largest in the world and by the end of this year center Canada close to Montreal center Canada close to Montreal solve per day how many bitcoins as company received daily that will be divided among the shareholders now this is inside of data solve per day how many bitcoins as company received daily that will be divided among the shareholders now this is inside of data but I've been following him for a couple of months now and I learned so much from him about blockchain about bitcoin about mining it's something that he's very easy going and he's using like quite simple way of explaining much from him about blockchain about bitcoin about mining it's something that he's very easy going and he's using like quite simple way of explaining everything so you can check on him on YouTube he's having quite a bit of interesting you will love it definitely now what happens after your equipment mines about the company and about the mining and the future of it it's quite quite interesting you will love it definitely now what happens after your equipment mines for 1000 days now what does that mean and why as I said miners are working for 1000 days and I will asking yourself well probably I'm going to have to buy company it says whatever you earn from the pool will be credited to your account daily with percentage automatically taken out and put toward repurchasing company it says whatever you earn from the pool will be credited to your account daily with percentage automatically taken out and put toward repurchasing they are saying that they are keeping 30% of what is mind per day so they put all fees associated with running into pool now what exactly this means is that they are saying that they are keeping 30% of what is mind per day so they put it back in purchasing more shares for you so when those 1000 days are expired you'll be having new machine working for you and this is ongoing process like literally forever and you don't need to pay anything ever again so moment you from ROI now there are some of the options ok these are the options more you invest working so you can see your daily dividends on your account what to expect but to give you some idea there is 1326% 13

26 %for return of bitcoin average per month okay so you can actually imagine how much money you are going to make over the period of time 1326% of this founder pool and if you stick with me till the end and this video I will give you a chart where you can see predicted expectations on how much of bitcoins you can accumulate by 2020 and what value of bitcoin is expected to be at that time but as I said position of $3500 is making you 1326% of a bitcoin every month okay now these are some of the options as well we have pool one pool two pool three pool one it's having one unit like one miner that I showed you it at the beginning pool two is having two miners that i show you at the beginning and pull tree is having four miners altogether four of them are founder pool and $3,500 that price you pool two is having two miners that i show you at the beginning and pull tree is having four miners altogether four of them are founder pool and $3,500 that price you get all seven miners now if you are wondering yourself can you bring people to do crowdfunding with us well we are encouraging you to do so okay we are encouraging you to bring people crowdfunding with us that will bring the cost of equipment down because we are buying in bulk okay we're buying huge enormous amounts of equipment daily so just to give you idea on what percentage you will get by referring the people so firstly mining get seven percent of Commission and from 7 percent of Commission onwards okay every person you bring you get 8 percent of commission from their investment ok it's quite quite lucrative it's quite easy money in nowadays everybody wants every person you bring you get 8 percent of commission from their investment ok it's quite quite lucrative it's quite easy money in nowadays everybody wants to work with Bitcoin everybody a lot of people there is lot there's lot of people out there who are having actual Bitcoin but they don't know how what to do with it they heard about trading the ad about mining and all point is that them you will be rewarded simple as that okay know that they can make more but they just don't know how and if you bring them you will be rewarded simple as that okay I have take this expected explanation from the company office okay from companies back office this is a binary tree so you have left side and your that they invest you have here you receive tree credits okay so each pool make purchase of a pool you receive points for every $500 that they invest you have here you receive tree credits okay so each pool is having different amount of the amount of credits but every time when your right side okay your right side you focus on your left I'll be building you Bitcoin okay it should be quite easy for you since I will be helping you to build your right side okay your right side you focus on your left I'll be building you your right side you just do the cycles free money literally free money now I word word about the bit club okay that's not necessary to make the bitcoins okay just members okay just to be possibly investors you don't need to spread the option okay it's just additional additional stream of income call it that way stream of bitcoins but it's not necessary okay you can just purchase option okay it's just additional additional stream of income call it that way every you been doing like that's it paid daily now how to buy mining pool equipment plug and play that's it you get your daily share of bitcoins what purchase bitcoins you need to have open e wallet then you purchase some bitcoins to shares now this company only accepts bitcoins okay so in order for you to purchase bitcoins you need to have open e wallet then you purchase some bitcoins to purchase pool address will be generated copy that address in your e wallet and that's how you pay now this is disclaimer from the company as well from back-office saying that they only accept bitcoins for all purchases okay you that's how you pay now this is disclaimer from the company as well from back-office saying that they only accept bitcoins for all purchases okay you need to have a Bitcoin wallet to buy share in your pool now this you can check conditional you can play you can press pause and you can go through it you will learn something you'll get some additional info and what I want to do is I will explain you okay I will explain you now how you can actually go step by step and purchase everything okay you will see I will explain you everything step by step so you don't get lost at the end you guys for watching on our Facebook well you have me already as a friend you have guys are watching me in YouTube you can you will find details under the video one okay this is just really basic you need to get you a bitcoin exchange wallet and purchase bitcoin okay that's the first thing you have to do depending on where you live you will use different e wallet okay depending on which part wallet and purchase bitcoin okay that's the first thing you have to do depending on where you live you will use different e wallet okay depending on which part of the world you are living you will need to use different award now Americans are using ones Australians others Europeans using something different and so on now here in description this video there is a link where you can find different options for different countries again if you get different of e wallets wallets are as I said depending of regions laws regulations depending which part of the world like some of the E wallets that are working United different of e wallets wallets are as I said depending of regions laws regulations depending which part of the world like some of the E wallets that are working United you guys are living in United States you will need a VPN to access BitClub network okay any VPN is good for all you guys we don't know what VPN is the VPN is simply IP address changer okay it's a simple app or a program that you will download on your phone or your laptop and you just install it okay you just install it you press press play turn it on or wherever and that's it after that download on your phone or your laptop and you just install it okay you just install it you press press play turn it on or wherever and that's it after that you can you can go on any website you like these are the some of the VPNs that I've been using earlier VPN unlimited is something I'm using now okay there's some small fee I believe it's two or five dollars not quite sure there is per business so whatever you find out there it will do it will do the work step 3 now you have your e-wallet you have VPN only for Americans VPN is only for ok there is the link BitClub/2608 ok you will find the link down step 3 now you have your e-wallet you have VPN only for Americans VPN is only for American territory people territory people but let's say you guys are having VPNnow 99 dollars ok this membership will be paid with bitcoin so once you click update My account this will show up okay something like under you click there you'll verify your email after you verify your email on the right side on the right side at the top you have option update my account ok once you click on an upgrade my account you'll pay one-time membership of 99 dollars ok this membership will be paid with bitcoin so once you click update My account this will show up okay something like an app you can just scan this code and automatically funds will go found funds will go on account of a company ok for you guys to do this you have ten minutes you'll see a counter of ten minutes because because the fluctations are so you will copy this paste it there and then this is the address where you will locked for 10 minutes ok 10 minutes you get this so that's it after 10 minutes an app you can just scan this code and automatically funds will go found funds will go on account of a company ok for you guys to do this you have ten minutes you'll see a counter of ten minutes because because the fluctations are so can be done but make sure that you are in you in inside of these ten minutes locked for 10 minutes ok 10 minutes you get this so that's it after 10 minutes pool now mining pools well depending of your preferences okay and depending of minutes are more than enough like literally for you guys to pay this it takes minute and half okay so you don't have an issue it seven of these units and these seven units will create you 1326% of a Bitcoin on average every month okay day in day out pool now mining pools well depending of your preferences okay and depending of okay you can follow me on Facebook you add me on Facebook like Mark Radinovic Iforfreedom you'll find exactly this image or you can add yourself to seven of these units and these seven units will create you 1326% of a Bitcoin on average every month okay day in day out you get paid every day okay and a final step step four contact me personally okay you can follow me on Facebook you add me on Facebook like Mark Radinovic Iforfreedom you'll find exactly this image or you can add yourself to the group learn how you can do Bitcoin mining this is the place where we are sharing only value about bitcoins there's no spam involved I'm the one who's taking care of this group and this is the place where we are sharing like latest news and about the cryptocurrencies and bitcoins for all of you guys who want to learn something more I left this email as well sometimes I get too occupied with the with the messages if you guys don't reach out to me I'm almost everyday almost all the time online but sometimes I get too many messages during the day so sometimes it's really hard to catch up but you can always send me an email that's something that I'm checking regularly for my is listed among the sixth largest in the world and by the end of this year so as I said here this website American territory people territory people but let's say step 3 is you have to enroll with BitClub now how will you do that you will go to big club you guys are having VPNnow

Source: Youtube

The Bitcoin and Blockchain Technology Explained | Magnus Prep Explains

Cryptocurrency and Blockchain Bitcoin was recently in the news yet again for reaching new value heights From being worth a couple of cents in 2008, it was worth more than $12000 in the first week of december Bitcoin is a kind of cryptocurrency that uses blockchain technology for its exchange and distribution

This technology in turn, is one of the biggest disruptors in the world of finance today And as soon as you try to understand what it is all about, you are bombarded with a host of terms such as Blockchain, Hashing, Distributed Ledger and whatnot So in this edition of Magnus Prep Explains…let’s decode Cryptocurrency and Blockchain For the sake of simplicity let us assume that transaction here would mean only monetary transactions Blockchain: Data today is a power tool which can be used to do wonders

But if this data is stored in a centralised place, it is vulnerable to attacks and thefts Blockchain offers analternative to this Blockchain technology enters the records of your transactions at multiple digital entities Each of these entities become a part of a decentralised ledgerThis is similar to the ledger that your bank has for your credit card transactions, but here the ledger is not held with a central authority (i

e your bank), but thousands of copies of this ledger are distributed all over the network Each and every part of the network ie a human acting through a computer can verify the transaction

Hence the term ‘decentralised ledger’ is used to refer to such ledgers This blockchain is Fault Tolerant Which means that if one of the computers that are a part of the network is not able to verify the transaction due to some error, the transaction can still be verified by the other computers of the network So when A sends some money to B using the blockchain network, a new entry is created which needs to be agreed upon by every person who is a part of the blockchain It is just like A and B having some hundreds of friends around them, who watch A send the money to B and then verify whether the details of the transaction such as the amount of money transferred is correct or not Every such transaction remains a part of the ledger forever, which means an entry to the ledger cannot be removed

It remains there till perpetuityThus there is no central authority involved No bank, no government, no notary In short, no middlemen through which the transaction needs to be routed through So what if we have a rogue in the blockchain who tries to tamper with the records and tries to modify or change the entries of the distributed ledger Well, the nature of the blockchain makes it impossible for our troublemaker to do so as this modification would be rejected by all the other computers that verified the transaction Hence, a blockchain lacks a central point of vulnerability

Instead of having to breach just one server or computer, our rogue guy can cause trouble if only a majority of the network is compromised So the Blockchain does not have a single point of failure Here is something interesting to note When all the other people on the network verify the transaction, they actually verify the parties involved in the transaction through an encrypted key Every party who is a part of the transaction has a unique key (which is generated by a different algorithm)

Hence while a transaction can be verified, the true identity of the parties involved cannot Bitcoin: Bitcoin is a cryptocurrency or digital money which can be used as a currency while making a transaction using blockchain It is not a physical coin One can own multiple coins or even one-thousands of a Bitcoin Bitcoin is not the only cryptocurrency that are available to trade in There are other cryptocurrencies as well

Some popular examples are: 1) LiteCoin(MAKE THESE APPEAR AS I SPEAK) 2) Zcash 3) Ripple 4) Ethereum But another question arises now If there is no bank, where is all the digital money stored? All the money is stored in digital walletsEach digital wallet has a wallet address which is similar to your bank account number Thus a member of the blockchain can make a transaction from his own wallet address to the other party’s wallet address But he has no control over what happens once the money is deposited in the other party’s wallet Blockchain security measures use a unique encryption technology rooted in the so-called Public and Private Keys: a) A public key (a long, randomly-generated string of numbers) is a users’ address on the blockchain

Bitcoins sent across the network gets recorded as belonging to that address b) The ‘private key’ is like a password that gives its owner access to their bitcoin or other digital assets Background: As esoteric as the whole idea of Blockchain and Bitcoin might seems, let us add a new element of mystery to it No one knows who created the Blockchain and bitcoin Well, we do have a name though Satoshi Nakamoto is the name used by the unknown person or people who designed bitcoin and created its original reference implementation

As part of the implementation, they also devised the first blockchain database No one knows who Satoshi Nakamoto is or where he or they reside At this point in time, you might think about what is so incredible about a group of people known only by their unique keys verifying and enabling digital transactions? Put a little more thought into it While the whole idea of anonymous transaction might seem shady, it brings with it a whole new level of transparency like no other It is almost like an oxymoron, but a very helpful one in our case

Let us show you some examples where the blockchain technology might bring about a revolution This can be used to make a transaction of almost anything digital Think about it, blockchain technology can be used almost anywhere where digital multiplicity or digital copying has to be avoided Some real-life examples of blockchain usage are: Our Democracy in the Future(the image ‘democracy’ will take up the whole screen in zoom in position):A company called Horizon State has built a blockchain technology which can be used for votingInstead of transacting bitcoins, this blockchain technology can be used for voting

Every vote cast remains a part of a digital ballot box which cannot be hacked or altered Duplication of votes can also be prevented and voter identity is protected(the image ‘horizon state’ will appear in the background) Forbes has called this technology a global gamechanger which will soon be adopted by political parties Our Energy in the future:(the image ‘future energy’ will appear on the full screen in zoom out position) Last year a group of households in Australia traded excess solar energy that each of them generated with their neighbours using blockchain The amount of energy shared could be verified by the other members of the neighbourhood and part of the blockchain

Here energy was the commodity being traded instead of a cryptocurrency Amazing ain’t it? Now let us look at some frequently asked questions which would help you in your interviews and GD process as well? Is Bitcoin or Cryptocurrency trading legal in India Well let’s say, it is not illegal While it is not banned in India, it is in a grey area The RBI does not stop it but asks the public to be careful while dealing in it What about the rest of the world There are a few countries such as Nepal, Bangladesh, Bolivia, which have banned bitcoins

While there are a number of countries that actively support bitcoin trading Canada, on the other hand, tries to regulate Bitcoins It recently opened a BitCoin ATM Brazil too seems to be accepting it with open arms It passed a law specifically for Electronic Currency in 2013

In most countries, Bitcoin is in the grey area where there is either ambiguity or ambivalence regarding it What are ICOs? ICOs stand for Initial Coin Offerings They are similar to an IPO (Initial Public Offering) of a company An unregulated means by which funds are raised for a new cryptocurrency venture An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks

In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin What is Bitcoin Mining? Bitcoin mining is the process of earning bitcoin using the computational powers of your computer to solve mathematical problems Can Bitcoins be converted into INR or USD? Yes There are a number of bitcoin exchanges that convert your bitcoin and give you the equivalent amount of the currency of your choice What are the benefits of Bitcoins? Bitcoins come with the sense of liberty in the transactions that you make using them

There is no authoritative oversight Also, bitcoin can be traded in exchange markets just like shares of a company What are the drawbacks of Bitcoins? Bitcoins can be used for illegal activities as well These activities could threaten the law and order situation of a country It could give non-state actors a means to send or receive money without fearing that the transactions could be traced back to them

Blockchain Economic Forum Presentation by Eran Eyal, CEO and Founder of Shopin

I want to invite to the stage Eran Eyal Eran is a very interesting person

Actually, Eran is a serial entrepreneur He launched and successfully exited three businesses already And now Eran is developing a new one, which is called Shopin, which is actually the future of Amazon, the Amazon on blockchain that is decentralized to Amazon But to that, Eran will tell, himself, about the project Thank you

Is there a clicker? Yes, sure Great Thank you very much Thanks for joining us today I know it's been a long day

And I hope what I have to sell you is going to excite you because, earlier on today, we talked about applications that make a big difference for users, not crypto people but the average user By the way, I'm really proud to announce that we were actually, just last week, the winners of Coin Agenda Global We're building a decentralized Amazon on the blockchain Well, here's the interesting thing So we all know that– One second, I think this thing is skipping slides

OK, so we all know that e-commerce is a massive opportunity But here's the rub– only 7% of retailers can actually identify their users across different channels and different devices Doesn't that sound ludicrous to you? If you don't know who your customer is, how can you possibly sell to him or her? So there are massive inefficiencies And it's time for the retailers to wake up because this man over here is coming to eat their lunch I'm not an Amazon hater

I own Amazon shares I think it's amazing And Amazon consumes 30% of the e-commerce world, but there's 70% that's pushing back What we do at Shopin is that we give retailers the thing that they're looking for– user verified preferences from the user and the full purchase history from all the retailers that that user exists on to drive perfect product recommendations on marketing So how it works– basically, the retailer works with us to advertise Shopin to their own marketplace of users

The user opts in And we take in the inventory, the verified preferences via quick a shopper IQ game And we take in all their previous purchase history from the retailer We then create an enhanced consumer profile I apologize

I don't know why, but there's a whole bunch of slides that are missing here Right, so what we do from that point is– I'm sorry I apologize Is there something wrong with this machine because all my slides are missing My slides are missing

Sorry [INAUDIBLE] Yeah, sorry about that So I'll move on But basically, what we do is that we take in all the purchase history from the retailer We then go into our real time network of all the retailers who joined

And we check to see if your data exists there And all we do we call in the purchase history that exists with all the inventory information, and we give it to you, the user, the perfect person to own it And what happens from this point is that– I really apologize Nothing seems to be working here There's supposed to be a video here

So what we do is basically we then serve a page on the retailers site called the Just For You page, where we take in their inventory and we show you the inventory that matters so all the stuff that is relevant to all your purchase history from across the web And we can do that because you're the owner of the purchase history We have a really interesting team, some of which are clearly missing from these slides So I'm going to– You know what? We don't need these slides So OK, who's our team? Myself, I've had three exits

But the more interesting people inside our team executing on this vision is my CTO and longtime friend He was the first and principal engineer at Priceline who for 14 years engineered Priceline solution, the same solution used today He engineered and architected that Sitting alongside him is Mike Rizzo who was the VP of engineering of Priceline for 15 years, responsible for all consumer-facing technology, as well as Abhishek Yermalla And Abhishek was the VP of engineering at Priceline for 10 years

They've done this before in a massive scale Also, joining us today and sitting right over there is Michael Herman, our CRO He used to be the president of global sales at Elie Tahari as well as SVP at Valentino, DKNY And I spent a long time inside the retail industry So we can go directly to about a list of 55 retailers

And we speak to people at the CMO and CEO level and go directly to the people who matter, who can really make a decision on moving forward We have a very interesting group of advisors as well, including Steve Nerayoff, the architect of Ethereum, Ethereum's ICO Jeff Pulver, invested in over 350 startups All these people help us to make better decisions Now here's the interesting thing, this is a real project

This is not something hypothetical We have almost 3/4 of a million users who joined us in 30 days The interesting thing about these 30 people– about these people is that we saw a 22% increase in transactional lift from the retailers How did it work? Zegna and Bed, Bath, and Beyond sent out their emails to their database A million people from Zegna 4 million people from Bed Bath and Beyond

120,000 people out of the million people of Zegna joined within 30 days They generated $17 million for Zegna, representing a 22% increase and lift in transactional conversion of users purchasing the same product Why? Because they see the products that are relevant to them With Bed, Bath and Beyond, 505,000 people joined within 30 days

And we generated $13 million for them, representing a 22% increase in transactional conversion These are numbers that can save the industry What is also interesting that we saw is that we've got a really cool feature where users can share their shopping profile with friends and family So when it comes time for gifting, I could share my shopping profile with you and I could share my shopping profile with you You can switch on my filter and look at all the different participating retailers on their own websites, by me the things that are perfect for me

My profile becomes enriched And you don't wind up buying me this Was super interesting to us Why? Because when we started looking at return rates at retailers, who here knows what the return rates at Saks Fifth Avenue is every day? Anyone? 10% in the back 10% in the back

20% to the person over there, [INAUDIBLE] 20%, 30%, is it 30%? 45%, very close You know, I'm going to give it to you 40% every day of what goes out of Saks Fifth Avenue comes right back

In season, 65%, 65% return rates Can you understand why this industry is going bankrupt at one retailer a month? You know why? Because people don't know their size of cost brands So they order multiple of the same items Or you wind up getting gifting from other people, who give you the same gift as another person or they give you gifts that don't fit your style and size I know this because the ex-CTO of Saks Fifth Avenue corroborated this

So these are some of the issues that are assailing the industry So we can bring greater efficiencies to the industry as well as higher margins and revenues Why do users love this? Well, first of all, you get an activity feed in your app showing you who's accessing your data And you're in control Secondly, you get Amazon-like benefits on every website that you go to

One click checkout You get one wish list for the entire web Go back to your shopping profile and you can see all your orders from all the different websites And you can control the returns from one place And of course, you've got the really brilliant feature to share your shopping profile with your friends and family

And finally, you get the gifts that you love So as a user, you have an incredible experience And to access the data over time, we're launching a shopping token, which the retailers can pay you for your data to access your data Because we're starting to understand something really special, we're starting to understand what the true lifetime value of a user is based on purchase data across the entire web Do you buy at full price? Do you buy at a lower price? Do you return a lot? How are your margins changing? And we can equate that

And this means that our token is backed by the value of data converted into dollars We've already built our real time ingestion engine It can ingest 25 million SKUs in real time You switch us on, we've ingested 25 million SKUs, broken them down to 25 to 36 key identifiers and made them applicable to your profile immediately What we're doing that's quite interesting to kickstart the market, is we haven't gone to the retailers and said, we want to tokenize your system

We all know that's not going to work What we're doing instead is saying, pay us, $15,000 to $50,000 a month for the product recommendations that you're going to be receiving, and percentage of lift These are basic models that they're very used to Nothing weird and nothing strange But what we're doing is we're taking a large chunk of that money they pay us and we're actually going to be purchasing tokens directly out of the exchange, thereby creating frothiness from the people who matter, the people who are going to create utility

So not just the speculators that are going to drive up the value of our token, it's going to be the actual people who are going to drive utility So we give the retailers the tokens, and then they start to give it to the users in order to generate– to accept adverts, and for loyalty, and referrals, etc I'm not going to go too deeply into this So our initial token offering is going to be in about 28th of February next year However, we are already conducting a very successful private pre-sell that is almost sold out

We are giving a 66% bonus to people who are participating now over half a million dollars, 40% for people below And then when we go into the actual sale itself, we'll be doing a $50 million token sale And the first 10 million, we're going to give a 20% bonus on, the next 10 million, we're going to give a 175% bonus on, and so on So everybody gets a lot of value and there's a lot of distribution

We are already being backed by some incredible people, like Galaxy Investment Partners, NEMA capital We're a venture backed company And we are here to open the doors of shopping to you so that you can shop in all the places that you love without someone controlling the pricing, squeezing the margins, or taking the brand language away from the brands into a new era So please feel free to reach out to me I'm Eran from ShopIn

And thank you for your time today Apologies for the technical difficulties [APPLAUSE] Thank you, Eran Questions? Yes, sorry, are there any questions from the crowd? [INAUDIBLE] My contact information was up You can contact me at Eran, echo, romeo, alpha, November, eran@shopin

com S-H-O-P-I-N com Any questions to Eran? Yes, sir? How you doing I'm actually very excited for this project It definitely feels like something I could use and I would like to use

What I wanted to know is that, are there retailer profiles? Or can I browse SKUs? It just feels like I might want to know what's upcoming or what I've missed Also, are any plans to implement a reward system? Yes, exactly So thank you very much for the kind words and for the question So first of all, dealing with the retailers, any retailer that you've authorized has the ability to tell you that things are there You can also wish list an item

You'll know when the price has changed You will have all these kind of wonderful things but it's decentralized You know, the ShopIn profile is there for you to have control of your data, to have all the efficiencies, to log onto every web site, or every single app We don't sell anything inside ShopIn, because then we'd become another centralized system that disenfranchises the brands So you will be able to get alerts from the people that you authorized

And in your activity feed, you'll be able to change the permissions settings This also, by the way, makes any retailer that joins us instantly GDPR compliant, which is super important to them But we don't go out to sell them something on the sell side of the business We give them something on the buy side of the business We make them something which is amazing

We give them something which is going to make money With regards to the reward systems, that's with the whole point of the ShopIn token Point systems today are broken The points have no value There have to be burnt every single year, generally

100 points at J Crew means nothing in J Crew Canada to J Crew USA They don't mean the same thing You can't transfer points from one person to another They're not backed by anything and you can't use the point systems across brands Oh and by the way, they're like fruit

They go bad Nobody told me about that, which kind of sucks because you use my money and use my time to make more money as a brand So rather what we do is we have a cryptocurrency And the cryptocurrency relates to the value of your data as it's become known over time, translating into converted dollars and cents, and an understanding of the difference between revenue and margin And based on that, this becomes, essentially, a token for you to access the person's data

And that token can be swapped around from person to person You can share it with your friends and family It goes up over time as there's greater market adoption And there's no borders And there's no commissions or middlemen involved

The retailer receives the token They have the option to shapeshift it immediately down to the dollar value on the day against the the purchase price of the item, or to hold onto it as an asset Thank you, Eran Thank you very much for your time today You know where to find Eran

[APPLAUSE]

How to backup IoP wallet and resync the blockchain

Hello, in this short video tutorial i will show you how to backup your wallet and how to resync the IoP Core Wallet So first i want to start with, how to backup the walletdat This is the file in which all your so called "private keys" are stored This is where all your IoPs are stored If you, lose this file, you lose all of your coins So before you delete anything of the IoP client or something similar Always, make sure to backup this file File is located in the IoP folder inside the %AppData% folder Here's how, to found it Here you see your wallet

dat file Please copy to a safe place Maybe twice or triple or whatever you want Maybe you use a thumbdrive or something similar But also, please keep in mind if someone else has this file from you it will, also have the full control over your IoPs But if you have set up a password it will also need a password to control your IoPs So maybe it's a wise idea to encrypt your wallet before that step And here i will show you how to do it And here you enter your password and save it Now, we come for the resync of the blockchain Nothing easier than this Just delete anything in the above folder EXCEPT the walletdat and start the Core Client again After full sync your IoPs are still there but the blockchain is completely new synced So, that's was it Have fun and stay safe!

Blockchain and Cryptocurrency: Good Investment? (Bitcoin anyone?)

Hey, what's up? John Sonmez here from simpleprogrammercom

Today, we're going to be talking about blockchains Andrei says, "Blockchain Is it the next big thing? What are the skillsets needed? Do you recommend studying it?" I'll briefly talk about the investing side because I don’t think that—I mean yes, a lot of people have made a lot of money in investing in cryptocurrencies, which are based in blockchain I don’t think that it's a good idea because it's not an investment It's a speculation

I'm not for investing "speculating" in cryptocurrencies, even though people have made a lot of money simply because it is a speculation and there's no guarantee I'd like to do things that are guaranteed that have a high chance of success I don’t like to make bets on stuff that maybe will work because even if they do work out, what, don't you give yourself a pat on the back and say you picked the right horse? I don’t know I don’t care to do that I care to like earn the stuff that I achieve in life because those things are more rewarding

Let's talk about blockchain itself and the technology That I'm 100% bare-on on the technology itself because it's a superior technology It makes sense I think that currency is going to go that direction I see it as the future

I mean you see all this kind of futuristic movies or sci-fi novels, then they talk about having credits or cred stick That hasn’t been possible before because of the problems with fiat currencies, with monetary systems and with governments controlling and being able to print up money Whereas, the cryptocurrencies, the blockchain technology, not only allows us to limit the supply of the money to be almost like it was on a gold standard, but it does expand The monetary system does expand, which is important Otherwise, you have a huge, huge deflation which is not—which you still have in cryptocurrency, by the way

I mean you can see it That's why a lot of these coins are going so far out there They're driven by speculation and deflation, really as the currency is more scarce, it becomes more valuable and more people want it What I see is that this is definitely the future I mean I would bet on this technology for sure

I don’t know that cryptocurrencies are going to go up and I don’t know that something better isn't going to come along, but it's going to be based on blockchain That's what I'm saying is that because this makes so much sense It makes so much sense that we finally have the solution where if you think about it, government—we can't trust any government in the world because we can't trust government with monetary supply Every single government that has ever gotten their hands on money to create fiat currency has fucked it up Think about this

Look at all the countries that have had major ridiculous inflations, even here in the United States We still have stagflation all the time and we're messing with money and we're having disastrous results Managing money is something that—especially as we become more of a world society and needs to be handled in a decentralized type of way, and blockchain makes sense Also, if you think about it, blockchain Just the idea, the concept of having this peer-to-peer, this validation happening from multiple nodes

Multiple people verify things, I think that makes sense for contracts You hear about things like Ethereum which uses—there's other cryptocurrencies based off of this that have this contract idea where you can actually create contracts and enforce contracts and verify them from multiple properties Think about property ownership and land ownership, and things like that entitles to things that if we have this blockchain technology, we can verify very definitely who is the owner of the property and what transactions occurred, and we can prevent fraud This stuff all makes sense and is all decentralized What I recommend is I would recommend that if you're interested in this stuff, yes, learn about it in depth

I have a cursory knowledge, but if you're interested in it I highly encourage you to learn it, especially a software developer because I see this is a huge, huge field There's going to be—there are so many companies already now that are investing in the technology and they're going to have to invest in the technology in the future Having this in-depth knowledge is not easy It's a complex thing It really is complex

I tried to go through and understand bitcoin at one point I have the gist of it, but I don’t understand the intricacies of it I'll be honest with you because there's a lot to it This is a good thing I think a good market to move into

I think it's growing and expanding market and there's always going to be jobs here If you're interested, take the time, learn it in depth but don't play around in the market Don't—like that speculation, that's how you're going to lose it So many people that are liked blockchain geeks or cryptocurrency, they're just playing the market just like a stock trader There's nothing wrong necessarily with that

I used to trade stocks for a long time, but what I'm saying is that the real value, the real people that are going to become billionaires, not just millionaires, billionaires after this technology are not going to be the people that trade the currency They're going to be the people that do something with the currency, that invent technologies on top of it Maybe some of the people that create the currencies to some degree That's what it is It's the technology itself

It's not the currency It's not the speculation It's the investment on this Can you build a business, for example, on top of blockchain? Can you build a business on top of cryptocurrency? If you can do that, that's where you're going to see the real value and that's why I'd highly encourage you to do if you're interested All right

Thanks for the question Good question If you have a question, you can email me at john@simpleprogrammercom Make sure you click the Subscribe button

Click the bell below to make sure you don’t miss any videos, as I do like two to three a day Yes, I'm not kidding Click that bell I'll talk to you next time take care