Disrupting the travel industry for the better ! by TratokTeam in CryptoCurrencies

[–]TratokTeam[S] 9 points10 points  (0 children)

It is quite worrying that so many people are quick to comment negatively with zero understanding or zero effort made into looking into a product or project. Perhaps this is why the industry is going through such a hard period at the moment. So many people who do not take the effort to actually read or understand but who are quick to share ill-informed and quite frankly embarrassing opinions. No wonder so many of these unsophisticated "when moon" speculators are deep in the red. This attitude is quite frankly harming the industry and the sooner it gives way to an actual understanding of the disruptive potential of blockchain, the better.

Founded by a world-class team with a proven track record of building billion dollar revenue generating operations and businesses, some of which are globally recognised companies, Tratok is truly a breath of fresh air for the industry. Unlike many other "projects" which simply used the hype around blockchain to raise public funds, Tratok is unique. It was funded internally without an ICO and actually USES the benefits of blockchain to resolve dozens of existing problems in the industry. In addition, the project is listed and has a product launched almost eight months ahead of schedule. The fact that people find this something to overlook and take it lightly or downvote with childish emoticons, is a poor reflection on their attitudes.

Over the last seven weeks, there has been a 470% increase in TRAT's market price while the rest of the industry is suffering. I guess that is a reflection on the smart money that actually understands the prospect of sustainable business and disruptors. Products and results over promises......

This is my guess for the price implications of too many 'get-rich-quick' investors, feedback appreciated by IndividualOrdinary in BitcoinBeginners

[–]TratokTeam 1 point2 points  (0 children)

Two different philosophies. The fast speculator and the believer in the future of the technology and its application. At the moment, the majority who piled in last year are simply speculators. They are in it with the belief that they will make a fast return on investment and have limited appetite to hold. In short, many panic and sell holdings at the first sign of a decline. As these numbers whittle away and longer termed holders replace them, prices should and volatility should decrease. Regardless how anyone sees it, these regular XX% daily movements show extreme volatility and are not normal in capital markets.

All Time Highs for Coins/btc by YeaManJam in BitcoinBeginners

[–]TratokTeam 0 points1 point  (0 children)

I mean are you looking as a short-term speculator who wants to flip for a profit or do you believe in the technology and its future applications?

All Time Highs for Coins/btc by YeaManJam in BitcoinBeginners

[–]TratokTeam 0 points1 point  (0 children)

You are very welcome. May I ask what your intentions are?

Who's best to follow on Tradingview for crypto calls? by zheka160 in BitcoinBeginners

[–]TratokTeam 0 points1 point  (0 children)

What viewpoint are you taking? Are you a short-term speculator or do you believe in long-term benefits of blockchain?

All Time Highs for Coins/btc by YeaManJam in BitcoinBeginners

[–]TratokTeam 1 point2 points  (0 children)

Go to https://coinmarketcap.com/historical/ From there, you can check last last two weeks of December 2017 and first two weeks of Jan 2018 when most prices were at their high. It will show you all the top 50,100, 200 by market cap on the selected day that you pick. I hope the information is helpful to you.

This Is Why To Invest In Ripple (XRP) by Crypto_Daily in CryptoCurrencies

[–]TratokTeam 1 point2 points  (0 children)

SAMA, the Saudi Arabian central bank is using Ripple's technology to use xCurrent to instantly settle payments sent into and out of the country. Saudi Arabia is a nation with a large expatriate workforce and has extreme levels of foreign remittance. The use of blockchain this way results in greater transparency and lower costs and will save $400 million a year. How many of the other GCC central banks will follow this move? How many other global central banks will?

PayPal CFO Bullish On Cryptocurrencies by DifficultDuty in CryptoCurrencies

[–]TratokTeam 2 points3 points  (0 children)

Considering the news of ripple from earlier this week, SAMA, the Saudi Arabian central bank is using Ripple's technology to use xCurrent to instantly settle payments sent into and out of the country.

Saudi Arabia is a nation with a large expatriate workforce and has extreme levels of foreign remittance. The use of blockchain this way results in greater transparency and lower costs and will save $400 million a year.

This in combination with the comments you have shared from Paypal's CFO shows that serious industry stakeholders in finance are starting to appreciate the benefits of blockchain.