Techfinancials Share Discussion Threads

[tomboyb] 08/2/2018 07:37

Morning -

Thanks Euclid -

Bitcoin having a geat couple of days back above $8000 -

[muffster] 07/2/2018 13:03

And awaiting the run up to March

[hazl] 07/2/2018 10:48

It had a fairly good day yesterday compared to the rest perhaps people are just looking for bargains elsewhere?

[jungmana] 07/2/2018 10:42

Is this heading down to 10p?

[euclid5] 06/2/2018 20:59

Both CEDEX and IDEX look set to gain from this partnership. By advising each other on the methodology behind the market, as well as mutually sharing inventory and diamond suppliers’ data, liquidity in the CEDEX market from the first day of trading can be ensured.

IDEX presence in the professional diamond trading market is impressive with more than 7,000 professional traders utilizing their system regularly. A massive 75% of the supply chain inventory is already featured on their system. With the diamond market now opening up to a broader trading audience, IDEX and its professional users can secure the stability of the market while CEDEX and its new investors can grow the value of the market as a whole.

Ehud Cohen, the founder and Chairman of IDEX Online, offered the following view on the new partnership of IDEX and CEDEX; “We believe that the diamond industry stands to gain by connecting with CEDEX B2C offerings, vision, and trading models. The integration into the financial world and the transformation of diamonds into a new financial asset class have been a key driving force behind IDEX’s activity since the company’s establishment. Joining forces with CEDEX enables us to better serve our diamond suppliers and traders.”

Ronen Priewer mirrors Cohen’s optimism with his view of the partnership “There is no doubt that harnessing IDEX’s diamond suppliers’ data and inventory is a pivotal step forward towards connectivity between the diamond industry and the financial market. By providing analysis driven from the largest available database of B2B diamond transaction records, IDEX enables our proprietary technology, the DEX, to achieve accurate and scientific results making it a unique diamond value benchmark for any financial need. CEDEX which fosters usage of the cryptocurrency CEDEX coin to enable trading in diamonds is targeting to enlarge the offering through collaboration with IDEX online.”

hxxp://www.stupen.com/free-bitcoins/the-cedex-idex-partnership/

[euclid5] 06/2/2018 15:26

feedback from Telegram today:

it mining:

The Ratio on the site 500 Cedex worth 1 ETH will be adjusted by the ETH price in USD prior to the Presale. the ration will aim 1 cedex to 0.8$. so if ETH price will be 1000$ for example then the ratio will be like 1ETH you get 1250 Cedex coins... is that explains it? if not please let me know why...

[sep800] 06/2/2018 14:45

As to my earlier post yesterday, this is what is needed, a solution to remedy the volatility of such coins, todays RNS states clearly they will find a balance for the purchase of CEDEX coins, yes a little unfair for some but this is just early days to find a fair playing field with such unknown market valuations of such digital coins.
Once this is up and running these small glitches will be forgotten and those understanding this process will be well rewarded in time. For me a top up this morning was a must.
Understanding is key...... Bitcoin ! I have no concerns and this won't play into Tech's future
therefore not worried where Bitcoin heads as I am investing in TECH's blockchain platform , this is the future.
Ride the small storm for many blue sunny days ahead

[muffster] 06/2/2018 11:47

Added to holding in Ethereum and Tech. All my concerns were short lived. Back to investing in Cedex and Tech

[muffster] 06/2/2018 11:03

Happy days, smiley face

[euclid5] 06/2/2018 10:50

yes just seen their reply you may get 1 ether & 1250 Cedex coins

[euclid5] 06/2/2018 10:42

I see, have asked them why they have priced Cedex coins on a 1 Ether = 500 coins basis whilst Ether is very volatile

[muffster] 06/2/2018 10:36

Euclid.. See telegram, its been answered successfully

[muffster] 06/2/2018 09:31

So let's let's your example of 1000 USD for 1 ether.That gives you 500 Cedex. It's costs you 2 USD per Cedex. Now you own Cedex, worth 0.8 USD?

[euclid5] 06/2/2018 09:18

depending on Ether's price nearer the launch, they may adjust this again - like I said they adjusted it to this price to place a cap on Ether when it was ay over $1,000

[muffster] 06/2/2018 09:16

Yes i am. 1 eth is 587 USD. Convert to Cedex and its worth 400 USD.

[euclid5] 06/2/2018 09:14

I see, you are correlating the Cedex coins of 0.80c x 400 = $400 v's price of Ether being $587 / 1.39 = £422


But the case here is you are buying Cedex coins in the worlds first Blockchain Diamond exchange - think about the long term price of Cedex

Either way, it does carry risk, depending on your risk capital & tolerance you shouldn't invest too much in Cedex

[muffster] 06/2/2018 09:08

Thanks Euclid. But you must get the point that to buy Ethereum now to get Cedex coins means you are losing a significant amount.. Paying £400 for one Ethereum that when converted Cedex will be Worth 400.dollars. That's a loss of about £130.Ignoring exchange costs.Those that bought Ethereum in last 6.months are being robbed if convert to Cedex. Even allowing for a potential 30% bonus that may or may not be offered to them.

[hazl] 06/2/2018 08:19

well so far there has only been one trade that I can see.
Little volume has always had an exaggerated effect on this share either way.

I will Wait for more clarity.
Having said that mine are running on their profits, so can quite understand that there will be others being more careful.

[tomboyb] 06/2/2018 08:14

Additionally when u have the biggest gainer today at 3% you know which way MMs will exaggerate the direction -

[tomboyb] 06/2/2018 08:10

Massive sea of RED today -

Bitcoin crashing and lots of tiddly crytos down 80% plus from peaks -

So MMs are relying on sellers here -

[babbler] 06/2/2018 08:04

Bad news on a bad market day doesn't help.

[muffster] 06/2/2018 07:37

True but extending until March means recent buyers will be robbed