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 TriumphFX - TFXI

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BC3232
post Nov 9 2022, 01:04 PM

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QUOTE(gashout @ Nov 9 2022, 12:35 PM)
there are usdt, usdc, dai in crypto space. backed up by real fiat. why need tfx coin as stable coin?

who gonna check their balance to ensure they have real reserves vs the supply they produced.

in summary, its a way, to keep printing 'non value' token, while pocketing some real usd. VERY SMART.

you need enough players to enter this pyramid scheme to get their p2p going. malaysian victims, how many more left to be scammed? cause majority of the players are malaysians, not sure why rich countries dont play this game. only attract poor countries like malaysia. cause so many GULLIBLE people.

lmao. GOOD LUCK.
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That's my point. Why go through all this hassle by the end of the day investor still need USDT to change it back to MYR. They can simply offer major crypto options for investors to select. If I were the investor, I don't mind to pay extra for transaction fees if I can get my money in the fastest way.

Imagine:

> Request refund , choose the type of crypto > TFXI Approved > TFXI transfer the coin to your wallet/ ( This can be done in very short time) > Investors sell their crypto

vs

> Request refund > TFXI Approved > TFXI transfer the TFX coin to your wallet) > Investors need to queue to get USDT > Investors Sell their USDT
gashout
post Nov 9 2022, 01:18 PM

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QUOTE(MUM @ Nov 9 2022, 12:59 PM)
Yes on the highlighted....just like my spouse used to go spend more expensive priced products on mlm shop. Getting n collecting points or $$ vouchers.  ... with the hope that can use them to exchange free gifts.....unknowingly the shop are pocketing our real cash in advance.
*
MBI also the same.

They give you many 'points' for you to do things.

Points are worthless thing.

Then kaput.


QUOTE(BC3232 @ Nov 9 2022, 01:04 PM)
That's my point. Why go through all this hassle by the end of the day investor still need USDT to change it back to MYR. They can simply offer major crypto options for investors to select. If I were the investor, I don't mind to pay extra for transaction fees if I can get my money in the fastest way.

Imagine:

> Request refund , choose the type of crypto > TFXI Approved > TFXI transfer the coin to your wallet/ ( This can be done in very short time) > Investors sell their crypto

vs

> Request refund > TFXI Approved > TFXI transfer the TFX coin to your wallet) > Investors need to queue to get USDT > Investors Sell their USDT
*
Bingo. People are already got penalized by low conversion rate. But the die hard fan will tell newcomers, hey, see USD in form of TFX is much cheaper for you to enter.

TFX should have a USDT/USDC reserve, then when people want to cash out, give them right away, won't take more than 5 minutes. With so much reserve as they claim, surely they can have some stable coin, and not their own coin.

TFX coin, no different from shit coin, unlimited supply, whatever peg to 1 usd. SAYS WHO?

the previous withdrawal period is 2 weeks I hear. sounds more like cash flow problem. which is BAD.

gashout
post Nov 9 2022, 01:21 PM

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things about crypto tokens, if there is not enough wide usage, you are doom very soon.

that token can only attract incoming 'investors'. who else wants to buy this token?

luna so big also can fail, now we are talking about a token mainly focus on malaysian market and one big giant ponzi scheme?

good luck, all. shit coin @ 0.0000000014 usd may worth more than tfx token one day.
MUM
post Nov 9 2022, 01:36 PM

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QUOTE(gashout @ Nov 9 2022, 01:18 PM)
MBI also the same.

They give you many 'points' for you to do things.

Points are worthless thing.

Then kaput.
Bingo. People are already got penalized by low conversion rate. But the die hard fan will tell newcomers, hey, see USD in form of TFX is much cheaper for you to enter.

TFX should have a USDT/USDC reserve, then when people want to cash out, give them right away, won't take more than 5 minutes. With so much reserve as they claim, surely they can have some stable coin, and not their own coin.

TFX coin, no different from shit coin, unlimited supply, whatever peg to 1 usd. SAYS WHO?

the previous withdrawal period is 2 weeks I hear. sounds more like cash flow problem. which is BAD.
*
I believes as long as the company says and committed to the peg value. Example 1 usd = 1 usdt = 1 coin.
Then it is ok for them to be used among themselves n the company.
Just like KFC printed the voucher value to be exchangeable for the value of the meal of same value. Mcd or bk will not accept it but it is ok for they can use it in KFC.

But what will the real value of their 1 usd equivalent to the bank rate?..just yesterday someone posted it is abt 5% less...Will it be lesser with the continued strengthen of the dollar?

This post has been edited by MUM: Nov 9 2022, 01:40 PM
TheLegend27
post Nov 9 2022, 01:38 PM

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QUOTE(BC3232 @ Nov 9 2022, 12:11 PM)
They claim they have a stabilizer system woh......

I just wonder, companies are working so hard to simplify their process, but this new system to me is to improve the complexity. Everything transacts with USDT lah, instant getting back the fund and investor has the right to keep it or sell it.
Again investors are more than happy to pay the transaction cost.
*
1 possibility. they lose the fund. and keep printing tfx usd. only u guys keep buying in p2p.
TheLegend27
post Nov 9 2022, 01:39 PM

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QUOTE(gashout @ Nov 9 2022, 12:38 PM)
its ok, die hard 'supporters' here will buy up all your ftx token, cause they eat sleep breathe tfx

tfx good, where can you find a better investment than that - says someone  biggrin.gif  biggrin.gif  biggrin.gif  biggrin.gif  rclxms.gif  rclxms.gif
*
they got bullet to buy or not.
cliveseow
post Nov 9 2022, 01:42 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:38 PM)
1 possibility. they lose the fund. and keep printing tfx usd. only u guys keep buying in p2p.
*
Are you sure there is real lost? 🤣🤣🤣🤣
TheLegend27
post Nov 9 2022, 01:44 PM

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QUOTE(MUM @ Nov 9 2022, 01:36 PM)
I believes as long as the company says and committed to the peg value. Example 1 usd = 1 usdt = 1 coin.
Then it is ok for them to be used among themselves n the company.
Just like KFC printed the voucher value to be exchangeable for the value of the meal of same value. Mcd or bk will not accept it but it is ok for they can use it in KFC.

But what will the real value of their 1 usd equivalent to the bank rate?..just yesterday someone posted it is abt 5% less...Will it be lesser with the continued strengthen of the dollar?
*
they can't cover it already that's why introduce crypto. so issue tfx to u. u can redeem 1 usdt from them but u need wait. they will fill up ur tfx coin redemption to usdt but probably limited qty. coz they don't have enough usdt. that explain they losing money yet keep issue u 12% profit via tfx usd.
TheLegend27
post Nov 9 2022, 01:46 PM

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QUOTE(cliveseow @ Nov 9 2022, 01:42 PM)
Are you sure there is real lost? 🤣🤣🤣🤣
*
10b company cannot even manage withdrawal. they say withdrawal have many queue pending because they are too rich, keep earning big money and therefore many people cash out. entire world tfx is the only 1 who only have maintain winning streak for so long. this is their reason of slow withdrawal.
gashout
post Nov 9 2022, 01:47 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:44 PM)
they can't cover it already that's why introduce crypto. so issue tfx to u. u can redeem 1 usdt from them but u need wait. they will fill up ur tfx coin redemption to usdt but probably limited qty. coz they don't have enough usdt. that explain they losing money yet keep issue u 12% profit via tfx usd.
*
so many want out, so little coming in.

what will happen

high supply, low demand.


gashout
post Nov 9 2022, 01:48 PM

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QUOTE(MUM @ Nov 9 2022, 01:36 PM)
I believes as long as the company says and committed to the peg value. Example 1 usd = 1 usdt = 1 coin.
Then it is ok for them to be used among themselves n the company.
Just like KFC printed the voucher value to be exchangeable for the value of the meal of same value. Mcd or bk will not accept it but it is ok for they can use it in KFC.

But what will the real value of their 1 usd equivalent to the bank rate?..just yesterday someone posted it is abt 5% less...Will it be lesser with the continued strengthen of the dollar?
*
so, who will verify they have real reserve to have it pegged.

or just talk only

talk is cheap.


everyone dont mind kfc. not many want tfx token.

im sure it will be lower. high supply low demand.


TheLegend27
post Nov 9 2022, 01:48 PM

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QUOTE(gashout @ Nov 9 2022, 01:47 PM)
so many want out, so little coming in.

what will happen

high supply, low demand.
*
u study economic. reduce usd value. let's see today if tfxusd will break below 4.5
gashout
post Nov 9 2022, 01:51 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:48 PM)
u study economic. reduce usd value. let's see today if tfxusd will break below 4.5
*
where can people sell this token? only in tfx?

can people sell in uniswap or sushiswap or pancake or binance or kucoin or huobi?


MUM
post Nov 9 2022, 01:51 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:44 PM)
they can't cover it already that's why introduce crypto. so issue tfx to u. u can redeem 1 usdt from them but u need wait. they will fill up ur tfx coin redemption to usdt but probably limited qty. coz they don't have enough usdt. that explain they losing money yet keep issue u 12% profit via tfx usd.
*
They mentioned "reduce withdrawal time from 14 days to 1 hour.
(Image from post 1630)


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gashout
post Nov 9 2022, 01:51 PM

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why a crypto token can only be sold through p2p system.

very lousy system
TheLegend27
post Nov 9 2022, 01:53 PM

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QUOTE(gashout @ Nov 9 2022, 01:51 PM)
where can people sell this token? only in tfx?

can people sell in uniswap or sushiswap or pancake or binance or kucoin or huobi?
*
very likely cannot. I think they probably will create 1 official open market within tfx ecosystem. but trust me, the way they talk I very sure they don't know crypto well.
MUM
post Nov 9 2022, 01:58 PM

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QUOTE(gashout @ Nov 9 2022, 01:48 PM)
so, who will verify they have real reserve to have it pegged.

or just talk only

talk is cheap.
everyone dont mind kfc. not many want tfx token.

im sure it will be lower. high supply low demand.
*
Same as not many believed in tfxi, but there are still many strong believers too.
So they use it among themselves n the company...not to be tradeable in exchangeable outside of their ecosystem.
As long as, those that wanted to withdraw cash to their account can still do it...they would be happy already.

5% losses against bank rate, can be easily covered with 7% roi gain in the next few weeks already
gashout
post Nov 9 2022, 02:00 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:53 PM)
very likely cannot. I think they probably will create 1 official open market within tfx ecosystem. but trust me, the way they talk I very sure they don't know crypto well.
*
send someone who knows crypto to talk to them, i think they will shit, or twist until they say something like it aint crypto.

QUOTE(MUM @ Nov 9 2022, 01:58 PM)
Same as not many believed in tfxi, but there are still many strong believers too.
So they use it among themselves n the company...not to be tradeable in exchangeable outside of their ecosystem.
As long as, those that wanted to withdraw cash to their account can still do it...they would be happy already.

5% losses against bank rate, can be easily covered with 7% roi gain in the next few weeks already
*
true. that will be the selling point old 'investors' will tell new 'investors'
james.6831
post Nov 9 2022, 02:04 PM

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wow tfxi now in crypto? tfx coin? ooo la la... why forex broker with impressive returns suddenly wanna venture in crypto...hmmmm
MUM
post Nov 9 2022, 02:21 PM

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QUOTE(gashout @ Nov 9 2022, 02:00 PM)
......
true. that will be the selling point old 'investors' will tell new 'investors'
*
Other than that, they could probably be saying this too.

Don't worry. If you’re so worried, why did you invest in the first place? It is either you win or lose.
Please be patience and give them some time to sort out this problem for the benefits of your investment withdrawal experience and I personally believed that they will not run away with your money, as myself is still hv ××××$$ in it.

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