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/biz/ - Business & Finance

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9208472 No.9208472 [Reply] [Original]

Just cashed out 1000$ easily with this new site

>> No.9208488

>>9208472
sage kys

>> No.9208506

>>9208488
poorfag detected

>> No.9208586

>1000$

>> No.9208618
File: 4 KB, 466x158, kap.png [View same] [iqdb] [saucenao] [google]
9208618

>>9208586

>> No.9208635

>>9208618
$1,000

>> No.9208665

>>9208618
>bought useless russian scamtokens
>"cashed out"

>> No.9208860

>>9208665
i've heard before that they are scam tokens but how is this the case?

>> No.9208865

Someone please explain to me how the hell am I supposed to get USD into my bank account using this. I sell ETH for USD but how do those USD get into my bank account? I don't get it.

>> No.9208917

>>9208865
You set the exchange with the other party. Could be a wire, transfer, credit, whatever is at your disposal. The escrow locks the crypto until both parties agree the terms have been met.

>> No.9208944

>>9208860
It's not. Just FUD. It is a new platform that has just launched. A few kinks, but the devs have been responsive.

>> No.9208979

>>9208865
What's not to get? You give the buyer your bank details and he wires the USD to your bank account.

>> No.9209005
File: 7 KB, 286x331, dsf.png [View same] [iqdb] [saucenao] [google]
9209005

My next pay-out is going to be STACKED!!!

>> No.9209008

Let me tell you. I bought PFR when it was 0.30$ so I am still holding my bags, but watching the rise from the ashes, along with the launch of the platform, has me hopeful that the coin will gain even more value. Even though its been referred to as a russian scan for months,The devs have yet to do anything scammy.

>> No.9209010

>>9208917
>>9208979
I see. Thanks.
But how can the contract know if/when I receive the funds?

>> No.9209030

Watching this exchange grow will be the most exciting thing about crypto for me this year. This thing has immense potential, especially when they start adding all kinds of currencies and the bigger coins.
Hopefully the node count will never grow over 4-6k
It would mean pretty nice returns even for us nodelets with only 1.

>> No.9209042

>>9209005
Are you kidding me? You get 7 eth per 20k PFR? What's the time frame for the payouts?

>> No.9209066

>>9209042
Monthly, i believe. Only the second day online and I'm making bank.

>> No.9209067
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9209067

>>9209042
>what is scientific notation
What's up with absolute brainlets flocking to this board?

>> No.9209084

>>9209066
Is this shit real? How can this be? How the hell do you get 5k$ from this?

>> No.9209111

>>9209010
If you are selling the crypto, you will not agree to the trade until you see the money. If the money does not arrive, or is not what was agreed on, you submit a dispute in which 3 escrow nodes gather the information/proof y'all provide and make a decision as any escrow service does. An example of proof, the buyer could submit a statement from his bank showing the funds have been sent to details provided by the seller, with transaction number to be verified by the escrow nodes.

>> No.9209118

>>9209010
Once you've checked your bank account and confirmed that the USD transfer has arrived, you log into your Payfair account and click to confirm the money has arrived. This lets the smart contract know it's OK to release the ETH from escrow and send it to the buyer's wallet.

>> No.9209122

>>9209084
It's pretty easy to do the math. Read the whitepaper, all escrow and trust node math breakdown is there. Volume is INCREASING as we type, as well, so it should be much more by pay-day.

>> No.9209125

okay but how can i quickly buy pfr on their new exchange without using anything connected to my bank?

>> No.9209127

>>9209084
Notice the e-7. It is notation for extremely small numbers.

>> No.9209145

>>9209042
>7.1e-7
No. That's like 1/1000 of eth or something.
When this thing reaches localbitcoins level it's going to pull you 1k a month with one node.
So even if you're not going to be immediately looking at a ton of money with one node, it's still going to bring in a comfy amount of income and has potential for so much more.
Not to mention these coins are going to be a lot more expensive once this thing is making money.
It's not a bad idea to fork out money for one node at this point and then just forget it for a year.

>> No.9209146

>>9209127
pay-out is 7.10000000

>> No.9209169

>>9209145
Exactly! Set it and forget it. Definition of 'passive income'. I plan on coming back end of year and cash out a bit.

>> No.9209236

>>9209005
cant login wtf

>> No.9209245

>>9209236
you need to confirm your email.

>> No.9209290
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9209290

>>9209005
>>9209066
>>9209122
>>9209146
the entire state of people holding PFR LMAO
7.1e-7 is 0.00000071 ETH not 7.1 ETH u fkin brainlet

>> No.9209289

>>9209245
i registered yesterday, signed my wallet, now i can't login and it won't reset password

>> No.9209300

>>9209005
that's 71000000 eth, seems buggy as fuck

>> No.9209311

>>9209127
Decimal goes the other way

>> No.9209312

>>9209300
lmao

>> No.9209329

>>9209289
There are separate log-ins for Client, Trust & Escrow. Make sure you're using the Trust-node log-in at the bottom of the page.

>> No.9209330

>>9209146
Meant to reply to your post

>> No.9209348

>>9209300
Take a second to look up how that number annotation works.

>> No.9209355

>>9209312
Laugh all you want. My mathematical ability is far superior to your brains pathetic capacity. My intellect towers above yours. You are but a tiny green frog in a gasping whirlwind of spearing dicks

>> No.9209365
File: 10 KB, 245x600, 2018-05-02 18_12_00-pf.png [View same] [iqdb] [saucenao] [google]
9209365

>>9209329
got it friend, thanks

>> No.9209379

>>9208865
2 seconds of research

>> No.9209396

people have been shitting on pfr and calling it a scam, yet its one of the only crypto projects which has delivered. comfy with 16 nodes here, cant wait to retire to japan on passive income.

>> No.9209432

>>9209290
Just confirmed with admins.. it's most definitely 7.1 eth.. not .000000071

Whose the brainlet now, anon??

>> No.9209437

>>9209396
have you been on the website?
they've delivered what would get a D in GCSE IT. the execution is bloody awful, they have a long way to go.

>> No.9209487

>>9209432
>thinking emoji

what???
???
huh??

>> No.9209596

>>9209437
The point is that they actually delivered and that it's a legit project. There was a slight chance that the entire thing was a sketchy exit scam, but now the damn thing is running and functional.
In theory this has incredible potential.
I do agree there are many bugs to iron out and they need to add all of the big players there as fast as they can, along with creating mobile friendly platform, but the only way from here is up.
This is about as close to the ground floor as you can get with a project like this.

>> No.9209641
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9209641

>>9209432
>making >100% ROI in a day
>comfirmed with admins
>calling someone else brainlet

>> No.9209686

>>9209437
>>9209596
I also have seen a ton of people fudding this and I have no idea why. Yeah, the website is a bit fucked, but why are people bad mouthing this?

>> No.9209711

>>9209686
they're just jelly they didn't hop on the <$1000 node train

>> No.9209719

>>9209005
>>9209432
quick maths, you have 0,1% of total number of nodes, and nodes get 1% of trade volume, and you allegedly made 7,1 eth, that would be a daily trade volume of almost 500 million$. and that on the first day, not bad. literal pee brains on this board

>> No.9209724

>>9209686
because its had the worst shills I've ever seen over the past few days

>> No.9209746

>>9209686
ive been following pfr for months. people are just always skeptical of new things and this one is russian based so it's easy to say they might be scammers

>> No.9209758

>not doing cash by mail on localbtc
you have to go back

>> No.9209763

>>9209719
I literally just confirmed with admins. also, my dad works for microsoft and he confirmed the pay-out as well, so.

>> No.9209768

Guys what is more worth? Escrow or trust node in terms of ROI? Noobie here..

>> No.9209778
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9209778

>>9209641

>> No.9209815

>>9209746
isn't vitalik russian canadian? fuck fud eth

>> No.9209857

>>9209768
trust node gives you more than 100% ROI per day, as>>9209763 and his dad who works for microsoft confirms, you'd be stupid not to buy now before one PFR will be 10$

>> No.9209882

>>9209857
couldn't of said it better myself, anon.

>> No.9210053

how do you set up a node?

>> No.9210117

Any NOdlets (too poor to afford node) here got targets for selling your PFR this year?

>> No.9210149

>>9209882
>couldn't of

>> No.9210158

>>9209008
It will hit 1 dollar sooner or later.

>> No.9210160

>>9210117
It will reach 0.5-1$ in may, i will probably sell 20k then and hold the rest 30k i have as trust nodes.

>> No.9210232

>>9209042
the absolute state

>> No.9210239

>>9208472
Nice. PayFair is slowly starting to make waves in the crypto community.
Just talked to a *big* YouTube saying he's about to drop a video about pfr to his horde of brainless followers.

PayFair is the new way to cash out anonymously.

RIP localbitcoins

>> No.9210318

>>9210117
Why not get an escrow node then? You only need $250 dollars worth of PFR. Escrow nodes will be more profitable than trust nodes in the short term, until the volume starts to pick up. You earn 1% of any trade you successfully arbitrate on, so if you're lucky enough to be chosen as an escrow node for a $1000 dollar trade, you'll get $10 for just a few minutes' work. If you're honest and fair In your rulings, you can grow your reputation and then the algorithm will prioritise you in the queue for new escrow cases.

>> No.9210443

1.6 node holder here. want to buy more. i've been using etherdelta like a brainlet but it costs more. should i use the website itself to buy more pfr or idex?

>> No.9210612

>>9210443
Buy on PayFair. It helps your own investment and you can learn how the process works

>> No.9210630

>>9210612
can i buy on payfair with crypto?

>> No.9210635

>>9209432
Try harder

>> No.9210674

to the fucking moon. ALL HAIL LORD JOHN POMELOV aka EVGENY POMELOV

>> No.9210741

I'm a bit pissed off at myself. I wanted to buy more at 4 cents, but I decided to hold my Eth instead because it was the "smart" move...

>> No.9210751

>>9209365
>18650

Why on earth did you not buy 1350 extra for another node

>> No.9210767

So much FUD and Shills here, let's discuss this unopinionated.
Yes, there are bugs on the site and it's pathetic, however this is why they didn't advertise the launch. Marketing will start after ALL bugs are fixed.
No, this is no scam, the developers don't get a fucking penny from you buying their token, you don't fucking need the token to use the site, they only get a very small % from the 1% fee.

Everybody who thinks this will give you lambos magically overnight is in the wrong place, you shouldn't even dream about this reaching 1 million trading volume in the first month because it won't, maybe 1000$ daily trading volume IF you're lucky.
However, it is a WORKING product and as you can see I and other people already had successful trades.
This might not replace coinbase(It defenitely won't) But it will be the place to go if you want to buy/sell in Cash& with Paypal

>>9210630
Yes if the seller accepts you can even use world of warcraft gold

>> No.9210777

>>9210751
his mom probably distracted him by making him do the laundry, thus he forgot to buy more
i cri evrytiem ='(

>> No.9210873

>>9210630
I believe currently it's not an option but you can make it one of the condition.
I saw some guys traded eth for eth just ask on the chat when you make a deal

>> No.9210900

>>9210751
after your first node, every 1k instrument nets more money

>> No.9210921

>>9210873
Exactly, the first transaction was ETH for ETH

>> No.9211055

Hey, does anyone here use idex. I just deposited ethereum and shit ain't showing up -- i'm kind of worried. it's been like half an hour.

>> No.9211087

>>9211055

talk with them on telegram...

>> No.9211142

>>9211055
IDex is fucking bugged in the last days, you can get support in their group t.me/Auroradaochat

>> No.9211153

>>9211055
Isn't IDEX under maintenance right now?

>> No.9211257

I'm happy getting $200 a month from this. Of course that may take a little while but I'm patient and as soon as I saw the launch go relatively smoothly I relaxed completely. I am a patient man and will let the devs work things out. It's exceeded my expectations. God I remember when they whitepaper had comic sans and it was worth 3 cents. You think the FUD is bad now? It was a shot in the dark back then.

I mean they have a working product with bugs, that's a long bloody way from January. Shout out to all the early investors.

>> No.9211261

>>9211055
I used them last night keep refreshing and read everything.

>> No.9211684

>>9209118
Does it do gbp as well?

>> No.9211726

>>9211684
Yarp

>> No.9212083

>>9210751
isn't the fucking payout just proportional?

>> No.9212100

>>9210900
>>9210777
source on this?

>> No.9212154

>>9212083
it is

>>9212100
it's in the telegram group, they will fix the display soon

>> No.9212186

>>9209724
t. 0xBitcoin shill

>> No.9212212

>>9212154
when I click view group on the telegram page it just refreshes the page
Do i have to create an account and log in to telegram first?

>> No.9212232

>>9212212
yes you need a telegram account

>> No.9212448

>>9212154
so no point in getting 2 nodes?

>> No.9212470

>>9212448
getting 1000 token more is like getting 0.1 nodes more

>> No.9212475

>>9212154
however explain to me how did you cashout $1000, how much PFR do you have?

>> No.9212568

>>9212475
enough to sell 1000$ worth of it
Just post some ad, find a buyer and you're good to go without IRS knowing

>> No.9212595

>>9208472
quick question about payfair (this might be over /biz/'s head)
this is an escrow service where to make an exchange, the funds are sent to a third party and then to the seller of a good/service?
how does the escrow service play a part in the good/service being exchanged? does the service/good go to the escrow as well and once the escrow has verified the quality of both the good/service and the funds both of those are released to their respective destinations?
so if i want to buy a used laptop and the seller says it's in basically new condition, we decide to use payfair, I send the escrow the money, the seller sends the escrow the laptop. the escrow verifies the quality of the money and the laptop, the escrow then sends both the money and the laptop to their destinations and gets a fee for his work/trust?
if the laptop was bad, then the escrow would say so, send the laptop back to the seller, and the money back to the buyer?

>> No.9212665

>>9212475
He means he sold $1000 through the PayFair platform. Which is awesome.

>> No.9212689

>>9212568
so you didn't make $1000 with a node?

>> No.9212715

>>9212595
Let's say you buy crypto with fiat first.
1 ETH for 1000 USD for example

The seller has 1 ETH in his Payfair wallet, once you both accept the deal the 1 ETH is locked

Then you give him the 1000 USD via bank, cash or whatever, after he receives it, 1% of the 1 ETH goes towards the fees and the rest goes to you. Might be that you only pay 990$ and the 1% is then deducted from the ETH, I'm not sure. EIther way you will receive 0.99 ETH in your payfair wallet.

If there is now a dispute like the seller says he didnt receive the money via bank transfer, you call the escrow service, you provide proof and they decide who is in the right and then funds can be released, fee is increased to 3% however. The escrow nodes get a bit of that.

With goods it will be quite similar, you will only be able to buy them with crypto so % from the crypto goes to the nodes

>>9212689
No, I sold for cash, there's not much volume atm to make a lot of money with the nodes

>> No.9212839

>>9212715
I'm assuming the person sending the fiat also needs to lock up some payfair? If he doesn't then he can just not send the fiat and keep trying the escrow service with fake screenshots or whatever until he gets the crypto.
Or the seller can just dispute after receiving the fiat and have a chance of getting his crypto back.

>> No.9212849

the passive income from this will be enough to quit my job, live modestly, pay my mortgage, and travel around. 14 nodes should be getting me $100k/year in a few years

>> No.9212892

>>9212839
They could, but that's why there are ratings, do bad deals and you get bad ratings

>> No.9212943

people forgot to mention - no KYC needed, unlike localbuttcoins.