Many wonder what is the future of Storica currency .. !!
This article I wrote about a month and a half ago, before the recent rise in the price of the currency and reached the price of 100 Satoshi
Many are very dissatisfied with the decline in their price and ranged between 24 to 30 Satoshi last month.
Many frustrated and not optimistic in the price of the currency and wants to sell once the price of the price of the subscription in which he entered.
Many ask me what makes you optimistic about the success of Storica and on what to build this optimism if you know that most investors in the currency negative assessment of the currency ..?
Well .. these questions are very healthy and logical but not at this particular time why?
I have already explained some of the technical matters that affected the price of the currency and the price in the platforms less than the subscription price .. Does this mean that the currency failed due to this matter?
What makes a successful currency successful?
Is not she the need for her?
Well, who needs the currency at this time, if you know that a month ago, the currency was distributed to investors and then added to the trading platforms?
No one needs the currency at this time because the current time is simply a free time for the currency to trade between this and that of submerged traders who are thinking of making profits from the differences in those prices.
So when will we see a rise in the value of the currency?
To know first that those currently trading the currency are not in dire need of the currency only for trading and gain from behind.
Trading is different from the need for a currency. This type of currency or token in the Token Token is called any currency or service code and service currencies are generated for use in the business environment for which the project is launched.
Who would have to buy the currency if? Who needs the currency?
There are two types that need currency
: • The seller: Storica wants to be attracted to sell its products and pay for the services to the platform via Storica currency or to pay the dues of any of the mini service providers such as designs, advertisements, etc. or classified by Free Lancers.
• Buyer: who wants to take advantage of the features he will get from the currency if used on the platform to buy something).
When will there be a real need for the currency and what is the relation of the need to its price?
According to their plan of action, the platform will be launched at the end of the current year and during this period from today until the end of the year all efforts will be focused on developing the working environment of the platform and marketing for the project and negotiating with new trading platforms to insert the currency in it has been added on several platforms but These platforms are still weak liquidity
and the relationship of need for the currency and use for the purpose for which it was established for its price is in the equation known in the markets of money and commodities: the
greater the number of those wishing to buy the currency as the demand increases and therefore decrease or equal in the offer and hence the rise in price gradually .
The last two lines in the previous paragraph are unclear Please simplify the matter
Well .. Suppose the total number of currency is only 1,000 The price of one currency was $ 1
This amount of 1,000 units of Storica currency is distributed as follows:
400 Ahmed
400 Saleh
100 Mohammad
100 Akram
Ahmed offered 200 units for sale at a price of 2 dollars per unit to earn double the amount he invested
and offer the remaining of the currency of 200 units for sale at $ 3 per unit to earn twice its capital
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came someone who wanted to buy 100 units of Storica currency and found 400 currencies are offered for sale but at different prices 200 units at $ 2 and the other 200 at the price of $ 3
if the official currency price at the moment is the lowest price available for purchase and called the market price or market price.
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This person bought 100 coins and went out against 2 countries for each unit of currency
(here Ahmad got $ 200 in his account from selling it for 100 units).
Another
person needed to buy 400 units of Storica currency and found 300 units remaining For sale
100 units of them for $ 2
200 units at $ 3
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buyer bought the 100 units at $ 2 per unit because the market price was $ 2
at the moment the price of the currency rose automatically from $ 2 to $ 3 because the amount offered by $ 2 has expired and the remaining only 200 units At $ 3.
The same person bought the other quantity of 200 units at the new price of $ 3 .. But his need was for 400 units of currency and what he bought is only 300 total operations.
So, as long as his need was for 400 units and what he got is 300 units, so he put a new purchase order at the same price of $ 3Mark and is now waiting for any potential seller to sell his at the required price, which he put recently at $ 3 per unit of currency .
Saleh came to the market or the trading platform and found that the price has risen from the price of $ 1 at the beginning of the subscription to the price of $ 3 at the moment but no one offers what he has for sale while he found that the demand for the currency exists.
In this case, the demand is said to be greater than the supply and therefore the price will gradually increase
Saleh checked the prices and found that there is a demand for 100 units at the market price of $ 3 per unit, but he was wrong and realized that the supply of currency is not available and placed a limited sale order or the so-called platforms limit price and since Saleh has 400 units of currency lost Set the asking price for each unit of currency $ 5.
The price of the request and the purchase is not matched
here. In this case, exchange between the two currencies will not take place between Dollar and Storica unless the parties agree on a fixed price.
The buyer raised the price from $ 3 to $ 4 .. Saleh thought that this is still profitable for him as he will win 3 times the capital invested in the currency and has canceled the previous sale order and sold 100 units at the current market price $ 4
The above is an example and illustration to enrich your information on how the price moves up and down in financial markets and the impact of supply and demand on prices.
To apply this example to Storica, you can measure prices through this information, which I explained in previous examples a week ago, see the tweets .. We find that the offer or people who want to sell their currency more than people who want to buy the currency why?
For some reasons, some traders do not know what the functions of this currency are and have not read about them and have not entered into their public subscription. Therefore, you will find that the interest of traders is centered around currencies that they trust in their project and have already studied their full details and studied their price behavior before. As soon as the currency continues to rise and is repeated in front of the eyes of traders, they draw their attention to them and attracted by the behavior of the rising price always, which is experiencing some corrections in the price, forcing them to look for details of the currency and put them in their preference to seize any opportunities in the currency.
That time plays a big role in attracting investors' money in currencies as well as the marketing experience of the team plays another role in this aspect and the more the team is diligent in communicating the idea of the currency to a wide range of targeted investors, the greater the demand over time.
Also because the currency is currently low and more than 90% of the currency subscribers still hold the currency in their portfolios and did not transfer it to the trading platforms to sell because they will not simply sell it at a loss.
The addition of currency in the new platforms helps to grow their value. The higher the liquidity in circulation in the currency, the higher the price of the currency and the liquidity means the flow of more money in the currency.
Take the example of the Coin Queen, which is the first and most powerful currency in this market did not pay attention to one in its beginnings when it was less than the dollar in 2009 and over time began to witness a large demand until the price of $ 20,000 dollars and then became the talk of stations and news channels and councils.
What will make Storica successful in the future and what are the potential positive things that will help us to reap profits from them according to your study of the currency project?
Many things are positive and encouraging to make us optimistic in the future price of these things include:
Project idea: The project is based on providing a platform to create ready-made shops equipped with the necessary services to grow the profits of sellers in return for displaying their products on the platform .. The project is the first of its kind in this area.
The huge liquidity of the e-commerce market: Since the flow of liquidity in e-commerce or e-marketing is very large and estimated by the trillions this helps the platform to get a sufficient amount of liquidity as the first of its kind in this market, which will use the classical currencies and digital currencies in shopping.
The solutions offered by the project to the common problems facing e-commerce: Since the team has provided a full analysis and study of the problems faced by the buyer and the seller on the platforms of high reputation such as Amazon, eBay and Alibaba, and those problems fake evaluations found in the Amazon store or goods in This is a positive boost to the platform. We will not say to compete with Amazon or Ebay, but to get enough liquidity and to consumers and vendors who are aware of the headache caused by these problems. In stores They and their purchases online.
The launch of an internal platform for those interested in self-employment such as designs and imaging products professionally and translation, etc. These services are complementary to the shops, some sellers want to make a declaration about a good product and design is excellent to have to buy the service from the service provider or work in the platform and work free of charge for his service His entitlements from the currency of Storica.
The internal platform for exchanges: It is likely that the total liquidity in the internal platform of Storika is greater than the total liquidity in circulation in all other external platforms. The internal platform accepts the credit card (Visa and MasterCard) for the purchase of products as well as the conversion of the classic currencies into the currency of Storica. Which would lead to a significant liquidity flow in the currency and a growth in value.
It is worth mentioning that some of the currencies have received their share of high liquidity from their internal platform. These currencies are the currency of the Pennes platform, which rose from 50 cents to 15 dollars in its internal platform with liquidity of at least $ 100 million per day. Reached a price of $ 440 and the liquidity ratio in its internal platform accounted for a large proportion of the total liquidity traded in the currency.
Low commission rate: One of the advantages offered by Storica's platform is the low fees for its services on its platform, the fees for the establishment of the store, the display of the products in it, and the sales commissions deducted from the sellers, and Storica sees the high commission rates obtained by the large marketing sites from Amazon and Ebay, Alibaba and other large stores affect the profits of the sellers in those sites, despite the strength of these commercial identities and the enormous marketing power and reputation that it owns, which also guarantees the seller to dispose of his goods as soon as possible .. But if Storica can The growth in the market and draw the attention of part of the market to the services provided by the comparison will be able to earn the confidence of buyers and sellers how?
Storica is working to establish its headquarters or to give power of attorney to businessmen interested in the field of Storica in each of the cities of the world and these headquarters is a headquarters or a small management to check the quality of the product or the goods offered by the seller to the buyer. That these premises will not cost them anything because they will enter into an agreement with interested people who wish to obtain a power of attorney to manage this premises in accordance with the conditions of Storica just like the international shipping companies DHL and FedEx.
What is the function of these departments or headquarters located in all cities of the world?
It happens that one of us buys a specific product from any website and upon arrival we find that the product we purchased does not match the specifications or product displayed on the seller's page. Here the problem occurs. The buyer contacts the seller and asks him to return his money because the item is not of the required quality. It occurs that the buyer opens an issue on the site and raises the supporters and the seller object to the case and take the matter weeks if not months until the intervention of the management of the site to resolve the dispute and the referee between the parties
or that the seller to apologize to the buyer for this unintended mistake and ask him to return the product to him and J The buyer bears the costs of returning the product according to the laws of the site. The buyer blames the seller and apologizes for not being able to pay the return of the product to the seller and asks him to return the amount above that and another problem
But in Storica if a buyer wants to buy a particular device from a well-known company and assume that Samsung this device has a specific contract related to it through the Block Shin, the seller sends the product to one of Storica headquarters for examination before sending it to the buyer .. After confirming the quality Storica To transfer the request to the buyer after such quality inspection and ensure compliance with the specifications if the product does not meet the required specifications, the request is returned to the seller and the return of payments to the buyer.
But this option is not mandatory. There are 3 options for the seller, the first is the traditional option which comes with normal features and ends with the option of premium which requires commitment to send the product to the quality inspection department to ensure that it meets the specifications.
The Coin Block: As you know, Storica now operates on the etherium network and plans and has several partners, including AChain. This company has its own network and its currency also on the Queen's Market site. Storica intends, as in their business plan, to be a network-based Storica To ensure the rapid transfer of money to the currency and overcome the enormous pressure on the network of etherium and caused by the application of Crypto Kitties as well as to reduce the fees of those remittances.
The trial version of the platform will be released in the fourth and final quarters of the current year, as well as the Coin Shin Coin version in the same quarter. The final version of the platform and block Shin will be launched at the beginning of next year.
And it was not
Support for the platform for many currencies: The currency supports the purchase by Visa and Master Card and digital currencies but the features and discounts that will be on the platform will be conditional on using the currency of Storica .. If you have a visa and you want to buy a certain commodity you can finance your account in local currency or the dollar and replace In the currency of Storica and payment through which this helps in the growth of liquidity flowing in the currency, which affects positively on the price and market value.
Adding the currency to new platforms: The team plans according to their white paper to add the currency in other platforms as in their white paper that they plan to add the currency in 12 different platforms .. Their focus mainly on the Asian and American market because the US market specifically after they submit to study the market represents a large proportion of The liquidity of the e-commerce market.
You can create your own store and sell everything you want in your country, city or around the world. I am thinking of selling prepaid cards such as iTunes, Facebook, Playstation and other digital cards.
Product evaluation: The Shin Block platform is used for product evaluation. Because the commodity sold to the buyer is linked to smart contracts and no valuation can be made only by the buyer. In this case, the valuations will be very accurate and not purchased as the sellers do at Amazon and Ebay stores.
Delivery of goods to the buyer: an extension linked to the smart contracts and once the item arrives to the buyer, this is recorded in the Shin Block network.
This is what I am now attending and I summarized it to you .. I hope to benefit
