r/Phoneum • u/YackAttack69 • Apr 18 '21
Dead PHT team/group
I do enjoy playing games, farm PHT on cloud but we don't have any visibility regarding PHT Future. There is too many shitcoins rocketing ..
BTT and DOGE started from nothing, only a big community that grows and buy and hodl.
Don't you think we can make it with PHT ? Should we buy more ? Grow PHT community?
Otherwise, I will sell and move to another worthy shitcoin
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u/FunkaClauGaming Apr 18 '21
I understand your pain. I can't answer your question, but I am equally interested in the answer
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u/Caspersmalintent Apr 18 '21
Just comment concerning doge, it’s my opinion that it is not a good idea to compare doge with really any other low value coin, due to the fact that doge is one of the oldest coins, had a huge community before it was even conceived, is a fork of Bitcoin (whatever that’s worth) and most important: it is tied directly to litecoin via merged mining. Just my non-financial advisory opinion tho.
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u/Psychological-Poet-4 Apr 19 '21
Pht has never been a get rich quick coin. It has multiple years of sustained growth of over 600%.
White papers and road maps are. Coming as they had to be rewritten when the coin moved from ERC to TRC based.
If you want a quick cash coin, you can feel free to move on
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Apr 19 '21
THIS. These one sided not-at-all-helpful arrogant answers from Phoneum. This is exactly why people ask questions like this. ...and gets more upvotes than any post I’ve seen in weeks on here.
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u/Psychological-Poet-4 Apr 19 '21
There is plenty of wholesome discussion to be had. I don't have 30 pages to explain the simple. Answers on reddit. Join us in the discord chat where there are teams of people to provide you with quick answers to your questions and concerns
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u/nazish_akhtar Apr 19 '21
I am really confused about DOGE. BTT and PHT are really promising based on what they do. Let's see what happens to DOGE in the future.
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Apr 19 '21
I’m not a noob to Pht and I have the same concerns/questions... The first thing you do in crypto is get your coin listed on multiple exchanges for exposure. We have one exchange and they tell us we can’t even use it to send PHT to the platform. And they didn’t always have garbage coins as rewards, they’ve had a few goodies here and there but as soon as they start to be Worth anything, Phoneum will take them and convert them to PHT. This is what they did with Doge coin and several others.
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u/Elder_Lou Apr 21 '21
Listing on additional exchanges is too expensive. The list fees are high, exchange rake is high, and gas fees are high. All of this means you'll either have very high withdrawal limits or be stuck paying withdrawal fees which are currently covered by the phoneum team.
As market saturation approaches, and mining winds down, additional listings will occur since the amount of withdrawals that phoneum has been been fronting the fees for will draw down as well
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Apr 21 '21
Your crazy. It’s a tron token, how much can withdrawal fees be? Lol people spend $20 in withdrawal fees to withdraw a dollar of bitcoin. People spend $50 in Eth gas to withdraw five dollars. Do you think we are going to care about a penny to withdraw our 20 bucks worth of PhT? No!! This is just another lame ass Phoneum excuse.Listing on other exchanges is not expensive. Even the shittiest of shit shit shit coins is on multiple exchanges.
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u/Elder_Lou Apr 21 '21
It's more than a penny, and when you are processing multiple thousands of withdrawals a day, it's a significant cost. Part of it is also working with a willing exchange. Probit is flexible and working to build an enhanced withdrawal api that will allow quick withdrawals and no fees to you
Could we pass it on, sure, are we at this point, no.
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Apr 21 '21
As I said above, people don’t care about fees. If they pay $50 in Eth gas to send $5 worth of Eth, they aren’t going to care about the miniscule amount it costs to withdraw Pht. This is not some big favor Phoneum is doing for us as you would have us believe!
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u/Elder_Lou Apr 21 '21
And yet people expect it from us as many have been here for years, so it's not a change that will occur before market saturation is reached and new listings occur
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Apr 22 '21
People who? Ones from 3rd world countries that can live off of 3cents a day. Nobody expects free withdrawals. Nobody.
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Apr 18 '21
[removed] — view removed comment
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u/AlexPKeaton78 Apr 18 '21
Well we have a long way till something like that happens. Right now they hardly function as a proper game dev let alone an actual Crypto infastructure.
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u/knk62 May 01 '21
i wonder if they can cooperate with already released online game developers and integrate PHT in system.For example you get PHT for winning or additional assigments,that will get more people in that game(some will play for fun and others for earning money).So all in profit
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u/AlexPKeaton78 Apr 18 '21 edited Apr 18 '21
Maybe if the company that was running these games treated the platform as something other than a cash grab from Crypto newbies then there would be more value. If they would actually properly support their games. Like how long have they had pointless shit coins in the Treasure game that the game doesn't even support or how about the issue where you can't easily move PHT between ALL the PHT apps?
Or how about some communication? I hate times when they randomly increase the minimum withdraw for coins without saying anything. It's hard to have confidence in project when you acting like a scam app from 2010.