Member Info for Rebess

Hi Tibbs I see from the application for KVT's an Ethereum wallet is required for the KVT's to be transferred into. - Have you tried to establish an Ethereum wallet? - It's not easy. - Maybe it's the way I've gone about it. - If you or anyone else has an Ethereum wallet, advice as to how to go about it would be welcome. -

Thanks Tibbs In order to get on board I registered with the Kinesis site but so far I've received no acknowledgement/confirmation. - This is what happened last August when it was due to be launched. - I'm wondering if anyone else has experienced same. - I f you could find out more about what is happening with regards to registration, It will be useful info. - cheers.

Chinese new year. - The dog is asleep. - Good time to burgle the market.

Cowichan hi Well, it's a point I've raised several times now. - The company has been totally passive in it's stance against the court case. - Why? - I appreciate it was a case involving EMRA rather than Centamin directly, nevertheless, the pain and punishment has been felt solely by Centamin and it's shareholders. - They must have a case to bring, which, like the case you've just highlighted, involve the pursuit of damages. - All we've had for six years is an annual statement that says proceeding could be lengthy. - Meanwhile the SP languishes. -

Langley - hi It's worth keeping your options open at this stage - All will be revealed. By the way, if the board restricted itself to the exclusivity of discussing CEY only, the thread wouldn't exist. - IMO I admit there's a lot of c*ap posted, mainly from me, but I like to think it contains some entertainment value. - cheers

Tibbs hi - Indeed, you were asked to keep us informed and you have done an excellent job in that regard. - We await the 50 page 'Magna Carta' whereupon we'll be able to form a more in-depth judgement. - Thanks for your efforts.

Good morning Tibbs Putting an end to the gold-market-manipulation. - It's intriguing isn't it? - Hell, after 300 years of control they're just not gonna roll-over are they? - Wars have been fought over less, - I'm sure there will be a cunning-plan in place as a defence mechanism. - We as reasonably informed spectators are gonna be tuned-in to every move I feel. - Then there's the 'Shariah' aspect of it all. - It'll be interesting to observe how well or otherwise it is accepted in this sphere. - Certainly an intriguing prospect. - cheers.

Good morning sparkle You're not alone my friend in your quest to understand it all and you are certainly not stupid. - I believe the confusion has arisen through confusing the Kinesis Velocity Token (KVT) with the actual crypto currency itself. The launch is in two parts. - Part 1, the launch of the KVT's at $1000 apiece, each KVT effectively representing a share in the set-up and carrying, in perpetuity, the right to receive transaction fees. The transaction fees are the fees charged when the crypto currency is used in any form of transaction, the greater the number of transaction, the greater the accumulation of fees that KVT holders have a share in, hence the use of the word Velocity in it's description. Part 2, the launch of the crypto token itself backed by 1gram of gold. This will involve the establishment of an e-wallet for holding the tokens and administered through Visa. - So, you have your wallet containing the tokens you've purchased. You have the way with all to spend them, your Visa card, at which time it's game-on. - After that we'll have to wait and see how it's received in the global market-place. - Who knows. The 50 page report intrigues me.50 pages for God's sake! - What is it, a parliamentary white-paper? - A Bill of rights perhaps. Who knows, we might even have the right to bear arms.- We'll know more on Monday. - I should add that this is just my interpretation, but in the absence of clarity it 's something we can kick-around over the weekend.. - cheers

It's not the KVT's that are backed by 1gram of gold but rather the crypto currency when it's launched mid 2018. - As yet we don't know the value of the crypto currency tokens. - The KVT's at $1000 apiece gives you a piece of the action vis a vie fees, a royalty, whatever, on every transaction that takes place. - If you don't want to risk KVT's because of the price you can wait until the crypto coins are launched and invest in them instead - The big question is how much they'll be. - $50,- $75, - $100, we'll have to wait and see.

Agree mizolgit - I wonder how we can do that. :-) Just one thing here which I'm sure you'll have picked-up. - Buying the Kinesis velocity tokens (KVT) is actually like buying shares in Kinesis. - If I'm understanding correctly, the KVT's are not the crypto tokens that will be used on the blockchain, I have a feeling the crypto tokens are a different animal to be launched later and based around the number of KVT's in operation. - Not sure. - We need more info. - Welcome all/any views on this interpretation.

On the face of it, it's selling gold at over $31,000 per oz.

At this stage mizolgit I think that's a fair comment.

Apologies Downhill - How did I miss that! - Well, that's a multiple of 22:1 - OK, let's see what the proposition is, - However, speaking personally, paying $1000 for something backed by a $45 promise is not immediately appealing.- Thanks for flagging it up.

Downhill - By the way there is already a crypto in circulation backed by 1 gram of gold. - You're not confusing the two are you? - Just a thought.

Hi downhill. Where do you get the 1gram from? - I haven't been able to pick that information up. - Funnily enough I posed a similar question several weeks ago as to how the value of Kinesis would adjust to the fluctuating price of gold. - If you're right and it is 1gram then you would have to say that it doesn't represent much security. - No doubt we'll find out.

https://kinesis.money/#/ Hi market - click the above link and all will be revealed. - Good luck.

Hi Tibbs, thanks. Very impressive profile. - wasn't expecting the link with visa. - That was a surprise.

sparkle - hi again Got it - It's all on kinesis.money - The full monty, including registration of interest. - It seems each application is limited to 5000 . - could be wrong, usually am, let's see. - cheers

sparkle - hi Thanks for the info. - I'm having a few problems. - The PDF downloads but only shows a few lines of introduction followed by blank pages. - I'm clearly doing something wrong - any ideas? - cheers

Hi Razor That statement is more or less just a cut'n'paste of the one they have used throughout. - It seems to get them off the hook as far as keeping shareholders informed. - What they never say is what they are doing as a company in prosecuting the case with a view to a satisfactory conclusion.