Tagged With "Paying"

Topic

Purchasing a Niche Just Got Easier

MOLLY O ·
Starting today, anyone with a credit card can purchase niches on the Narrative Alpha . When you win a niche auction, you’ll have two payment options- “Pay With NRVE” (our cryptocurrency token) or “Pay By Credit Card”. I encourage you to read the entire blog post. Purchasing a Niche Just Got Easier
Topic

How can I pay for my niche if my ETH/NRVE order only gets partially filled?

Gaia Glee ·
I'm brand new to crypto and followed all of the directions to purchase ETH on Coinbase, which I then sent to my LATOKEN wallet in order to buy NRVE with it. I had no idea that it was not a simple purchase transaction, but that I'm... bidding on NRVE? I have an order that was only partially filled and I have no idea if the order remains open and can be filled completely. What's a girl to do when my money got tied up in a transaction that I thought was a simple sale turned out not to be? The...
Topic

General Thoughts and critique on Narrative

Peter Wagner ·
After a few days I got a some feelings I want to share about narrative. Maybe some of you can tell me something comforting or explain some stuff to me, since I am very new to all of that. First of all: I don't like the bidding system. It is not transparent. Who bids for what? How do prices emerge? Who gets the money? And for what does someone get the money? Next thing: I don't like is the NRVE oder creditcard payment system. In order to get NRVE (the way narrative.org suggests) you pay fees...
Topic

I Won The Rap Niche Auction

JerrodBelcher ·
How do I pay? And how much is the niche NRVE in USD? I'm really after that Rap niche.
Question

question about niche prices

Gosia Rokicka ·
Hello, I won 2 auctions yesterday and when I proceeded to payment I realized they were much more expensive than I expected! I don't think I understood the whole NRVE/fiat thing. Basically, I want to pay with PayPal as I don't want to go into crypto now. Previously I read that each niche starts at 75 USD and the NRVE price depends on the currency rate on that day. That makes sense. Because I always wanted to pay with USD, I didn't pay much attention to the NRVE price. Of course, the nature of...
Suggestion

Scheduled Posting & Paying NRVE for Audience Analytics

Dillon Hamilton ·
I recently posed a few questions considering the possibility for Narrators to pay NRVE in order to receive valuable audience analytics in return. My original post can be viewed here . I'm struggling personally to understand what I should create and then when to post it. I want to serve my followers with valuable content and at a time convenient to them. Please, read my post for the full context, but here are a couple of the questions posed. "Could it ever be possible, in the future, to use...
Reply

Re: I Won The Rap Niche Auction

David Dreezer ·
The cost of NRVE goes up and down, pretty much hourly, but all of the Niche auctions start at the equivalent of $75 US. we have a bunch of FAQ entries that should help you to make your purchase. I won a Niche and now how do I purchase? How do I buy NRVE? How do I know how much ETH to convert to NRVE for a Niche that I've won? Currently the option to purchase using a credit card is unavailable. We do not yet have an ETA on when that option will be restored.
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Re: I Won The Rap Niche Auction

Malkazoid ·
@David Dreezer - I don't want to speak out of turn because I don't know the details of the suspension of the deadline for paying for niches due to the credit card processing being offline... but can you provide some details to @JerrodBelcher about this? The reason I mention this is that if you can remove the pressure of the payment deadline - he may opt to just wait for the credit card processing to return. Personally, I think this is important because forcing people to deal with buying NRVE...
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Re: I Won The Rap Niche Auction

JerrodBelcher ·
I agree @Malkazoid
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Re: I Won The Rap Niche Auction

JerrodBelcher ·
Although, I'm learning the procedure by the guidelines that were sent out paying by cc would be good too.
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Re: I Won The Rap Niche Auction

MOLLY O ·
@Malkazoid and @JerrodBelcher . No guarantees, but the "plan" is to have the credit card processing back up early next week. Hope that helps provide a bit more clarity.
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Re: question about niche prices

Malkazoid ·
You raise an interesting issue. I think that what happens in these instances is that since the time the auction started, the value of NRVE went up significantly. Now that it is time to pay, the system they are using wants you either to pay the NRVE, or pay the USD equivalent of that NRVE. At the time the auction started, that NRVE was worth $75 USD, but now it is worth roughly double... people are buying NRVE because we're about to launch Beta. I don't know that there is a happy end to this...
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Re: question about niche prices

Emily Barnett ·
I agree @Malkazoid this is an interesting dilemma. Given that the @Narrative platform gives themselves a 2 week window to exchange fiat to Nrve and vice versa on payouts, according to the white paper, which would serve to give them a window to optimize the best price for exchanging, it seems only fair that the price should be frozen at the moment of bidding on the auction, for people paying with fiat. Thanks for bringing this glitch up @Gosia Rokicka . Many of us buy Nrve when it is low, and...
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Re: question about niche prices

Malkazoid ·
Good point @Emily Barnett , regarding the window to buy NRVE giving the team a chance to optimise things... The situation may still be tricky for the team if the platform executes the way we all want it too. That would mean a fairly steady rise in the value of NRVE on average, meaning waiting to buy NRVE would generally only make the situation worse. That said - the company isn't losing a penny - this is money destined for the Network Rewards pool. And the Network Rewards pool isn't losing...
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Re: question about niche prices

Emily Barnett ·
I would honor it too, because it feels like the ethical thing to do, and also because it is the inclusive thing to do, if attracting non-crypto community members is a legitimate concern.
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Re: question about niche prices

Malkazoid ·
^^^ Yes, and @Gosia Rokicka certainly qualifies as someone it would be terrible to lose as a niche owner. I think she was wanting to buy the Haiku niche. I can't do this for every time this situation pops up - in fact I can pretty much promise this is the only time I'll make this kind of offer - but @Gosia Rokicka , if the team can't resolve the situation for you, I'll cover the extra cost for you if we can figure out how I can pay with NRVE for your niche. To do this, I think I can just...
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Re: question about niche prices

Christina Gleason ·
I had this issue with one of my auctions recently. I kept reloading my invoice page for days to see if I could find myself a better fiat value before time ran out to pay. There was one point where the fiat price for a niche I had no competition in bidding would have been $175 via PayPal...more than twice the $86.25 I was expecting! I ended up paying something like $110, which still sucked, but it was nothing like the price I'd seen for several days. It's a problem. I try to time my bids now...
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Re: question about niche prices

Gord ·
Yeah I've cost myself a pretty penny or two by purchasing at inopportune times. On the other hand, lamboing to the moon isn't always a bad thing
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Re: question about niche prices

Emily Barnett ·
Nrve -- buy low. HODL longtime.
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Re: question about niche prices

Gosia Rokicka ·
Thank you very much, @Malkazoid , for your kind offer!! I don't know what to say. I'd be very happy to accept your offer but I'll try to reach out to @Narrative Network Team first. And yes, your help with the Haiku niche would be very much appreciated as this is the one I wanted the most. Although, in all honesty, I'm not sure if the Team can do anything about it now for a couple of reasons. 1/ It would be unfair to other niche owners like @Christina Gleason who already coughed up higher...
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Re: question about niche prices

Malkazoid ·
I think that's ok. A few people having suffered something unfair is not a reason for people to continue suffering it! That's a good point - although to be fair, it can also go the other way at times, when paying with NRVE turns out to be the cheaper option, especially because there is a 15% surcharge to pay with Paypal. And at the end of the day, it is ok if everyone pays with Paypal. The team still turns around and buys NRVE with the funds... As you know from the ad nauseam part, I agree...
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Re: question about niche prices

Christina Gleason ·
I'm not maxed out on my niches, so I'd like this to be addressed for future purchases!
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Re: question about niche prices

Colleen Ryer ·
Seems to me if the niche price is set at $75, then this amount is simply converted to the current equivalent in NRVE, no matter what this happens to be at purchase time. If the NRVE value is increasing, then it just comes out to fewer tokens for the purchase price. There's something backwards here, and I'm really wondering where @Narrative team is on this issue.
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Re: question about niche prices

Emily Barnett ·
I am sure someone will weigh in as soon as the launch happens. It has to be crazy busy there today.
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Re: question about niche prices

Banter ·
I think it is important that all transactions on the system use NRVE as the primary currency, after all, that is token we are trying to promote. I think the $75 USD min Niche price wording should probably be changed. We need to communicate clearly to the user that the initial opening bid NRVE price is based on the $75 exchange price to buy that much NRVE. The user needs to be made very aware that if they are planning on paying in fiat, not only is there the extra 15% fee, but that the...
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Re: question about niche prices

Colleen Ryer ·
This a brand new platform that seems to bill content and community as core to the reward system. In order for either to thrive, there have to be venues for quality content. Are even a quarter of the available niches active? How many people were turned off at the idea of even $75 for a niche in an untested beta level start-up? Sure, have an auction if there's more than one person interested in a particular niche, but keep the price set as advertised - other wise great content will have no...
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Re: question about niche prices

Malkazoid ·
I don't see any conflict here - everything internal to Narrative is NRVE. The whole idea about allowing fiat payment is to allow the vast majority of people who don't care about crypto yet, to not have to deal with it. But surely that's a level of complexity the average social network user isn't expecting to have to deal with? We'll fail being accessible to the mainstream if we have to explain that sort of thing. The $75 USD price tag, though too high, is at least straight forward and...
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Re: question about niche prices

Emily Barnett ·
I agree in parts with both of you @Banter and @Malkazoid . I feel this is an unfair glitch that serves the Narrative rewards pool when it is convenient for the platform, and forgoes the goodwill at convenience as well. At this point, I probably think it is just a glitch and not an intentional position to get more money from fiat payers. Hopefully it will be rectified as soon as the team launches beta. But if this is not a glitch, and the team knows that this is how the platform works. Then...
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Re: question about niche prices

Malkazoid ·
Most people will choose not to learn the ins and outs of crypto, whether you warn them or not. This is undeniable: most people either don't care about crypto, or worse: distrust it. The platform that will become mainstream, and make crypto mainstream in the process, is one that doesn't force people to buy crypto (or pay the penalty sometimes of paying multiple times the original price more for an already expensive niche fee). I think you are underestimating how massive a turn off that is...
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Re: question about niche prices

Christina Gleason ·
This. When I placed my bid on Smart Property, the opening bid in NRVE was equivalent to $86.25. The auction ended within the last 24 hours, and the current fiat price of $111.72 is the lowest I've seen since I could access the invoice. (It WAS higher at the time the auction ended, because I checked immediately.) I've been thinking about trying to pay in NRVE, but Coinbase was telling me it was going to take two weeks to be able to move any ETH I bought there to my personal wallet and then to...
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Re: question about niche prices

Christina Gleason ·
And the price has gone up $10 in the last 10 minutes.
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Re: question about niche prices

Emily Barnett ·
????? @Malkazoid there is nothing to be combative about. 1. the team is busy. We don't even know if this is intentional or not. Personally I think it is an oversight, as I have stated three times. They lock in the NRVE price at the time of bidding. I think this can easily be coded in, to lock in the price in fiat as well. I just think they forgot to do that. -- In theory, the price of NRVE could go up to 10cents tomorrow, do you honestly think the team will be building a platform that for...
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Re: question about niche prices

Emily Barnett ·
the price will jump. Pre ICO we all bought the token at .33 cents -- it fell off a cliff after alpha launched, mainly do to the dramatic drop in crypto in general. but also because working product became increasingly important around that time. Now that Narrative is launching, there will be a lot of speculation again. We may or may not see a one penny token again. Or maybe we will. I would wait to pay for niches until the team has time to address this thread. Or @Gosia Rokicka perhaps you...
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Re: question about niche prices

Christina Gleason ·
This type of price jump just wasn't happening when I bought my first niches, so this was a big shock. And by the time I knew what was happening, it was too late to even buy the crypto to exchange because of the ridiculous amount of time Coinbase won't let you move the currency you've already paid good money for. And I'm not a new member here, I have a lot invested here already, so I will have to figure this one out. But other people are just going to jump ship if the same thing happens to...
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Re: question about niche prices

Emily Barnett ·
I get that. The movement has been stagnant, that is why i think it has gone this long to figure out the problem. It is good that @Gosia Rokicka posted it today, because the problem can get alot worse. when we were declining in price the fiat option was probably was a big happy surprise that it wasn't properly pegged and people were probably paying less than...sadly also not good for Narrative. Thankfully there is a time for the process to take place before new members have to bid and pay for...
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Re: question about niche prices

Malkazoid ·
Combative?
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Re: question about niche prices

Banter ·
So here is an idea..... When the first bid is logged for an auction, the NRVE and USD rate is locked for that auction....so the user knows from that point forward, whatever their bid cost in USD or nrve, that is all that they will have to pay. The only way for this to work without the user or Narrative potentially getting soaked while buying NRVE on the open market at the time of purchase is for Narrative to have a store house, if you will, of NRVE tokens to cover all of the Niche auctions...
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Re: question about niche prices

Emily Barnett ·
Yes, combative. telling me that i am underestimating the situation because I am not 100% in agreement with an approach seems argumentative. We don't even know if this is a major issue, or a simple oversight. And although I want to see mass adoption happen, I also respect that this is first and foremost a crypto platform. @Banter is right in suggesting that. Obviously we all have money invested here and want to see a return, there for we want to see growth. But using the token IS the smartest...
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Re: question about niche prices

Emily Barnett ·
Personally, I think that is what they meant to do. That's why i keep sticking to I think this is an oversight, that just hasn't reared its head until now. I cannot see them wanting to do this intentionally. It just doesn't make sense as a business practice. Ok. I am out on the thread. Gotta focus on finishing a post. @Gosia Rokicka I too may be able to help you out by loaning you tokens for one niche. You could pay me back with earned tokens when you get them. But i see a challenge in that...
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Re: question about niche prices

Malkazoid ·
Ok, no worries. Next time, if I think you are underestimating something, I won't say anything, lest you feel I'm being combative. We won't be able to have meaningful exchanges if that's your idea of fighting words, but that's ok too.
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Re: question about niche prices

Malkazoid ·
I think this makes sense - although I'm hoping the volatility will not be a problem too far into the future. For now, just letting people pay $75 + 15% on niches could be a temporary policy... the NRVE goes into the Rewards Pool, and you can't really consider there to be a loss if the amount of NRVE purchased with the fiat is lower than what the auction reached... While the value of NRVE is climbing on average, the value of the Rewards Pool will be too, overall... You're right, it isn't a...
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Re: question about niche prices

Emily Barnett ·
there is nothing here to argue about. Banter had a good point and so did you.I pointed that out, and you accused me of underestimating the situation. That seemed like overkill, and so does your heavily sarcastic last point. I am free to disagree (or agree for that matter), without being told I don't understand the situation. This is the second time you have said that to me, and frankly I don't find that to be meaningful conversation at all. I find it very condescending. so yes, please do...
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Re: question about niche prices

Malkazoid ·
About holding a store - I'm not sure the store would need to be equal to 100% of NRVE in play in current auctions. The only scenario in which that would be necessary is if the currency crashed to zero or flew up insanely...
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Re: question about niche prices

Malkazoid ·
It wasn't sarcasm. Online written medium is notoriously difficult to read as to intent, because we're not seeing each other's faces, mannerisms, etc. I'm genuinely surprised at your reaction to me telling you how I see things, in response to a quoted portion of your words. Lets just avoid each other if we are prone to reading hostility in innocent exchanges. Deal?
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Re: question about niche prices

Emily Barnett ·
And I was genuinely surprised, that you think I don't understand a situation as basic as this. I stated all through this thread my clear comprehension of the issue, and even provided insights you hadn't considered. Of course i understand the mass turn off @Malkazoid please don't insult my intelligence! I am pretty confident the "glitch" as I have called it all through the thread will get fixed. and if it doesn't get fixed...then offer messaging that this is a crypto platform and that...
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Re: question about niche prices

Malkazoid ·
The intent was not to insult your intelligence. I'm seeing a pattern here. You say I'm combative. I say I'm just relaying my impressions, with no combative language. You say I'm sarcastic. I say I'm genuinely surprised. You say I'm insulting your intelligence. I say that was not my intent, after giving you a hint that intent can easily be misjudged in this sort of situation. Three instances of you wanting to take offence is enough for me to give up - sorry. If I was wrong about you...
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Re: question about niche prices

Ledeir ·
Wow... That's... Yuck. If I were the devs, I'd completely rework the auction system on realizing this. An auction doesn't work with fluctuating numbers, the bid keeps increasing. They need to remove the market fluctuations from the equation (or verify that people have enough NRVE at the time of bidding to purchase it). Even if the transactions occur in NRVE, the auctions should be tracked in US$. This way they don't need to worry about people failing to pay because the market changes. It...
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Re: question about niche prices

Bart ·
@Banter brings up some very thoughtful perspectives on on Nrve and Fiat, and if this is the way the @Narrative team is going, then his suggestion of providing some transparency seems very beneficial. I agree with @Emily Barnett this seems more like a "glitch" (her word) than anything, and I have faith in the team to quickly correct this. Generally speaking, I agree with Emily throughout this thread, and I don't believe from what I read, that she is underestimating anything, as you have...
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Re: question about niche prices

New Social Media ·
Well, this is really a problem for old niches. However, if you plan to suggest and buy a new niche, you can assess the future NRVE price and then decide. If you think that NRVE will rise, then you can secure a lower price for your niche. Otherwise you can just wait until the price drops. However, I would not expect that. Narrative is really a very rare opportunity in my opinion, extremely low marketcap and an existing product and a strong community. The community consisting of so many...
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Re: question about niche prices

New Social Media ·
And you other guys, could you please stop your squabbling for a day or two? Today we want to celebrate and be good friends.
 
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