Techfinancials Share Discussion Threads

[sep800] 29/3/2018 10:04

me too so the bonus helps great the volatility of the exchange rate

[muffster] 29/3/2018 09:57

Just received 30% bonus on cedex. Ether price down 31% since the 16th. Cedex fixed at 900.Reckon we'll see more interest in public sale

[euclid5] 28/3/2018 18:57

Hi Sep800,

Yes if you have the Japanese article, please post it here.

Didn't see that anywhere abouy them wanting £15m worth of Cedex, as Cedex admin are very tight on their replies are very tight when probing questions on Japanese investors.

Delay is from Jap regulators with all thry have going on, as Cedex have lodged all their paperwork to them several weeks ago.

[sep800] 28/3/2018 12:09

you have virtually the same owners owning cedex and Tech,hence why they have 87.5% buy option of Cedex for $40,000 makes good business sense hence both companies will support each other

[intrigo] 28/3/2018 11:51

what is the value of CEDEX for exercising the options of TECH on CEDEX ? the press release of TECH is not clear, this is key to understand the business of TECH , you are talking about CEDEX as if TECH is the owner of it, but it's not

[1399peter] 28/3/2018 10:13

ok thanks,

[sep800] 28/3/2018 09:53

just stated that Japan wanted the largest stake of Cedex prior to the launch and wanted Japan to lead in this revolutionary method of trading. The hiccup came from the regulators introducing such a market into Japans financial regulation system.
It clearly stated it was a formality and will notify once all matters were complete and legalised.

[1399peter] 28/3/2018 09:42

sep800

Was there an indication of timescale given in the article or is it expected to happen before end of sale deadline

[sep800] 28/3/2018 09:26

euclid5

Lets not forget these figures will sufficiently increase once Japan's paper work on their regulations come through that caused the delay originally.
I believe an additional £15M was required added further the Japans pre bid sale. I dig up the article shown in the Japan's financial markets magazine that mention this

[euclid5] 27/3/2018 21:43

Cedex.com

so far website shows sold 26.158m tokens out of 50m Tokens = Raised so far $20.484m

hxxps://cedex.com/

[saw89] 27/3/2018 13:30

i say benefit because the funds raised in the ICO are for genuine investment purposes to continue developing and launch the technology platform for launch at the latter end of this year. IDEX is one of the largest traditional 'old fashioned' incumbant exchanges for diamond trade so they are all over this like a rash because they realise the use of blockchain and smart contracts in this way has genuine chance of seriously disrupting their existing exchange model.

It's easy to misunderstand this.

[saw89] 27/3/2018 13:26

its basically a scenario where Tech gets the benefit of a cash raise but without the Tech shareholders being diluted. The market is slow with this concept.
Big deal for us....

[saw89] 27/3/2018 13:25

it says in the whitepaper how funds will be used now back down punk!

[intrigo] 27/3/2018 12:40

Raised coins, yes? and how do you know how the 20M will be spent?

BTW , what is the value of CEDEX for exercising the options of TECH on CEDEX

[euclid5] 26/3/2018 14:04

Question is niw, how much have they raised in the crowd sale & how much did they actually raise in the Private sale, because it wasn't $20m as the wbsite stated

Cedex admin told me the private sale funds plus pre sale funds, if they hit their $40m target they will stop the crowd sale funding

a post on telegram today mentioned they sold over m tokens so far in the crowd sale

As Hazl says sentiment is against Crypto's at present, but this is a good viable business

[hazl] 26/3/2018 08:18

Thank you moormoney appreciated.

[saw89] 26/3/2018 00:00

What you on about they have already raised over 20m USD equivilent..... This is used to complete the technology to launch... and has good partnerships with industry player i.e IDEX.

The reason this is suffering is mainly because the overall sentiment for crypto is down ftrr the huge surge in dec / jan and currently there is bearish action on the all coins. That won't last forever though. Yes there will be some shakeout but the higher quality blockchain projects will survive and prosper in the next bull cycle....

Bull markets are born in pessimism.

[intrigo] 25/3/2018 13:10

If it wasn't your money involved it would be so funny. I urge everybody to do the following exercise : read the short history of threads , starting January 1st for example. You will have a good laugh .... and see every prediction is a hind sight and wrong.
You know why TECH is going down? well, because investors are not stupid, CEDEX is still not a company, something like an idea, and in TECH there is nothing over CEDEX, so if you are interested in coins , by CEDEX, if you are interested in stocks..... BTW, success in ICO only means that some people buy into the idea that a company with nothing has something. Would you follow them ?

[moormoney] 25/3/2018 10:49

Well done hazl. I took a bit off the table but should have done more with hindsight but with the successful fundraise in only four hours there is IMO much more to come so I will add while the share price is low.

[hazl] 25/3/2018 10:37

Basically,I will wait before doing anything because sentiment is against us for now.

[hazl] 25/3/2018 10:35

There is no appetite for risk at the moment and the test for me was working up to the launch, and the launch itself.
There was clearly a discrepancy between the success of the project and the perception of the asset in equity form.
Whilst it is a time to protect yourself at present....which I must confess I have done, I still have a token holding as these still have an interest for me.

There is a informative piece in the S Times Business Section about the men behind Ethereum and thoughts on blockchain.
I am a firm believer in blockchain going forward but because Government disapproval/fear taints the whole sector, I am being careful for now.
The token holding is a reminder to myself that this firm have a lot of assets, have undergone a successful launch with Cedex and a clear strategy going forward.

[moormoney] 23/3/2018 16:37

I agree saw89. Tempted to double up next week.

[moormoney] 23/3/2018 02:15

Lol 😁😁

[wilb] 23/3/2018 02:01

When I wished all the best to "genuine holders", I didn't imagine there were only three of us!