Bitcoin Forum

Tomorrow will be open the ICO for the SuperNet of jl777:

https://bitcointalk.org/index.php?topic=762346.0 (https://bitcointalk.org/index.php?topic=762346.0)

Are you going to invest in it? If yes, how much? Which ROI do you expect?


Thanks for your valuable comments!  ;D

of course i'm in! but can't vote (newbie acc) :'(

Yeah, that is annoying...
Nevertheless, the sockpuppet army of monero believers has voted without problems.  :-X

Yes
I expect a 20% ROI...

I'll stay away, stinks like a pile of shit from a horse named Scam. An asset that does nothing, to back a coin that does nothing yet, except maybe teleport coins into jl777's wallet.

Also staying away  :-[

Definitely NO. I think it's an utopian idea that takes years to implement. Don't expect quick profits.

I'm in definitely.  Let the good times role

Too much hype in this now, will see  later when the smoke clears.

centralization is always a good idea

I think the poll is unnecessarily polarizing. It doesn't have to be a strong yes or no.

Personally, I do not invest unless I understand. Frankly I do not understand Supernet, therefore I will sit it out.

The ico turned into a shit fest on bter.  :-\

What happened? I did not follow it closely.

Bter have all Token´s refunded, when you have buy by higher price!

Also who is the problem?

this is gonna be fun

No, It is the greatest scam in crypto-history

Same reason why i'm out, I'm a NXT believer and I think ji777 do amazing work, but I just don't understand SuperNet (plus hype is usually a bad investment)


Edit : I should add that it took me time to understand ji777's MGW, and it was worth every second :)

How much BTC has been raised till now? I usually see if there is too much raised then I sit out.

Why? SuperNET is not a "new coin IPO". In fact the more money is raised the better it would be for the investors. It is a positive feedback.

SuperNet is a collective of approved cryptocurrencies which will share a single architecture, and from what I understand, the capitalisation of SuperNet will comprise of a percentage of the approved cryptocurrencies within it, mitigating the risks if one of the coins doesn't succeed. Hopefully there'll be a mechanism to prune off such coins.

Is there a list of cryptocurrencies likely to be approved yet?

It's not a bad idea, but the name SuperNet... It sounds like a high speed internet service catered to the 60+ crowd.

This thread/poll is just a thinly veiled attempt to help pump the IPO.. do your due diligence and invest wisely.

Johnny, you are getting this completely wrong and this post is the proof.

oh look.. the noobs here figured out what UNOCS was ahhahah
the cycle goes full circle and what is old becomes new again LOL

new gimmick fad trend bullshit will be gift cards and maybe a market with a side of crypto stocks and "shares" to IPO/ICO/IDO/IXO/IZO/IVO or SharesX or SharesY 2.0

ahhh god you guys kill me with all this scheming gimmick faggotry  ::)

i don't know about the rest of you ponzi-enthusiasts but i am into mining and trading coins
and maybe if i wanna get a bit wild i will POS stake some coins too.  :o

Coindesk advertises something like this ever few months too.. a whole new revolutionary "platform"
..that no one gove a fuck about hhahah

back to the drawing board girls.. better cook up a new pyramid scheme you can "re-brand"..
i got an idea ! why not have people give you money and you can call it "Angel Investing"
and you can give out some gift cards ?

http://i61.tinypic.com/2ep4ryb.png

OR... you could uhh.. well... just use CASH !

Same shit with scam-coins.. just use Bitcoin noobs ;)

Is that semen running down your leg ? you happy to see me ?
or just got drenched panties at the thought of all them Bitcoin's you gonna scam ?
Clean your self up and take a show SuperNet scammers.. you reek like scam coin  >:(

I believe it will be called UNITY or at least that's what I heard. SuperNet is a temporary name.

Over 3000 BTC has been raised till now. I am not sure how the price will hold once the IPO ends. But seems to be going good for now.

https://bitscan.com/articles/welcome-to-the-supernet

This will help:

http://www.coinssource.com/supernets-coin-offering-raises-over-2000-bitcoins-hours/

The good folks at CoinsSource did a better job of explaining it than I ever could.

You have a point, bit I can turn it around and say that the noobs at Skype merely figured out what Bell Labs had in the late 1960s. Seriously: A T & T circa 1970 had a small-screen CRT videophone tested and ready to go. Colour, too.

I have an affection for economic history, and one of the big lesson of economic history is that there's a big lead time between invention, innovation and market acceptance. Comes with the real world being unkind to lab-rat noobs. ;)

The all-time record in this department is the steam engine. The first iteration was invented by Hero of Alexandria (http://en.wikipedia.org/wiki/Hero_of_Alexandria), who was alive when Christ walked the earth! Between him, Thomas Newcomben (http://en.wikipedia.org/wiki/Thomas_Newcomen) and James Watt  (http://en.wikipedia.org/wiki/James_Watt)is a gap of more than one thousand and seven hundred years.

Go figure...

if i had 2,000 Bitcoins i would make a new scam coin IPO scheme too..
then i would pay MYSELF the 2,000 Bitcoins LOL
get it ?

don't be low hanging fruit noobs  :D

No, we don't get your supreme nosense Spoetnik, please gtfo or elaborate a minimum.

+1

The simple truth of the matter is, whether I "believe" in the product or not, I'm likely to make a profit on selling my shares. I would only consider keeping them if substantial evidence came forward that there was a viable product. If not, I'll sell out when the time is right.

So if that makes me a "noob", then I'll be a noob with a slightly increasing BTC balance, as always. Know when to hold, and when to fold. We all know the game by now.

For me supernet takes long time and little profit.i'd rather do my own choice.

For now Jl777 have shown his genuis on crypto.I choose to believe him.

jl777 is a International man of mystery and an anonymous coding machine. jl777 for president I say!

if you don't get it then your playing dumb i think..

i could start a coin and have an IPO on it and buy the coins myself and pay me the bitcoin to get the IPO'd coins
and then i could run around the internet saying some investers bought a lot of coins and wow look how popular my coin is !!111
but in reality .... I BOUGHT THEM !
and i paid myself as an illusion to sucker in greedy bag holders.. who will be consumed and devoured *eventually.

i am not trying to be mean or anything but are you slow or brain damaged or something ?
do you think i just invented that concept here and now ?

Spoetnik, then you'd end up buying all the IPO, because nobody would invest anything in your project. That's the difference between you and jl777 ;D I have no idea if SuperNET will bring any returns or will be a total failure, but you can believe it wasn't jl777's money that is invested in this project, at least not all of it :) other people did buy too.

So, can I take it that you and JackpotCoin won't be joining in the SuperNET ?

jackpot, supernet, spotniek all in the same sentance ... haaaaaaa!!!!!

supernet dumbest shit iv'e ever seen

In this thread: People who have no idea what their talking about or what superNET even is.

People complain about all the "shitcoins" around and now we have a viable contender for something that can come together and make inferior coins irrelevant.

And spoetnik: You apparently have no idea what's going on as usual. You don't bother to read up on things before you post. And since these are shares, buying up more shares does not attract more "greedy bagholders" as you put it. Each share bought makes the others a lower percentage of the total. This is not a cryptocurrency. Read up.

dumbest comment of the day.

it's a "share" so i can't be a bag holder  ::)

@Marlo Stanfield,
fair comment, I hope our beloved troll Spoetnik could get a hint on what is SuperNet, and why it is totally different fro ma coin IPO.

You're claiming that people will be suckered in by someone purchasing shares in their own IPO. Why would someone want that? The lower amount of shares held means a higher percent of dividends paid to shareholders. You're confusing this with an IPO of a cryptocurrency where the supply is limited. The supply of shares in this case is effectively unlimited. So what you were saying up thread does not apply.

I'm not saying that it's impossible that the value of UNITY shares goes down over time. You're postings always consist of you spewing your preformed opinions on things while you fail to read in to what is actually going on before posting.

so it's free ? wow great gimme some then..

Would you rather be the only shareholder of a company and get 100% of the profits, or would you rather be one of one hundred shareholders and receive 1% of the profits?

Do you see now how the dev buying more to trick people in to buying it doesn't make any sense when someone is selling shares in an asset backed investment?

And why you think my post implied that shares in superNET were free, I have no idea.

How much has SuperNET raised on BTER?

https://bitcointalk.org/index.php?topic=762346.msg8781189#msg8781189

Can't decide whether its worthy investing in it. Has too much of a single point of failure, and sounds like an elaborate, organized pump and dump.

If so, just wait to sell just before the dump. Profit!  ;D

Invest a little, as much as you are ready to lose. Accumulate more on dips as your certainty grows, it will be available to trade on NXT Asset Exchange after the sale is over. Or sell, if you certainty lessens :)

Who are the devs? And how many of them are involved?

You should ask here:
https://bitcointalk.org/index.php?topic=762346.0

James(jl777) is the core architect of superNET and has development support and assistance from crypto_zoidberg(Boolberry lead dev) and coinsolidation(Bitmark lead dev). As well as a team of 3 or 4 dedicated people working on the superNET GUI programming. And this will likely be expanded further as time goes on.

Fore those of you how have missed this: we just set up predictions on SuperNet on our prediction market. This numbers can not be influenced by sock puppets only by predictions on or against SuperNet.
We do not recommend or advise against an investment of SuperNet.

 https://www.fairlay.com/event/category/bitcoin/altcoins/

I did a longish of jl777 holding's here:
https://bitcointalk.org/index.php?topic=780481.msg8795729#msg8795729

Problem is he holds most the "assets" he "donated" to Supernet ICO are majority held by his own assets ie by proxy. And he has asked for 500 BTC for "2000 BTC worth" of his own assets.

If you are willing to pay so that one can get rich by:
a. buying a shit load of coins, pumping them and then dumping it on you
b. dumping an asset (or coin) held by someone

then yes you must buy the SuperNet ICO.

No. At least attempt to tell the truth.

That only happens if and only if superNET reaches a very high market cap and gains a high market cap position relative to the top cryptos.

It's clearly a win-win for investors with James taking on a large amount of risk with a relatively small reward that happens only in cases of extreme success.

Huh? You obviously are one of the guys on the Kool aid.

Did you read the long thread I posted on asset holdings? He already holds the majority of the assets which you prompt as "large amount of risk" ie they came at little to no cost to him. So where is the risk he is taking? Instead he is asking for 500 BTC or hoping the Supernet association will cause an increased interest in those assets for him to clear out.  There is no win-win, just loss for the investors.

That is the truth. If you still believe otherwise, its your money to burn.

No, I'm trying to look at it objectively. I don't see how setting a conditional reward for being in the top 5 or 10 market cap values is a loss. Either UNITY NAV increases enough that holders have gained a massive amount of ROI and he gets a reward or he gets nothing and loses whatever the current value of those shares are.

The assets them selves are not valueless considering the amount of work that's been been put in to developing the technologies that they're based on. And the other assets which hold significant amounts of crypto.

The thing about superNET is that it intends to generate profits as a functioning gateway for crypto through fees and contextual advertising of useful services. So in order for those performance metrics to be hit people buying superNET are going to want to see it begin to show promise in those areas. And superNET succeeding is all predicated on James' technologies working as he intends them to, so all of this still has to come together for superNET to get to that level.

And I've read your post and the spreadsheet but I don't see how setting a performance based metric like that is a bad thing. It sounds more like you're arguing as if he were putting in 2000 BTC worth of assets now and directly receiving back 500 BTC right away, not when UNITY is multipled by x times in value.

So now you believe what I wrote in my first post to be statement which can be analysed and not a lie? Because you did say "No. At least attempt to tell the truth." I guess this is the jl777 way, first call some a liar, when proven say you were just trying to "objectively" analyse the situation.

Problem with conditional reward is this, it comes due to "2000 BTC" worth of assets which are not worth their price. And you are such drunk on the kool aid that you just are copying what jl777 is saying - 5x - 10x, massive amount of ROI, etc. Lets look at the hard numbers from jl777 himself. If he raises 10k BTC which he is aiming for (and people seem to be rooting for), at current rate the market cap will stand at 4,774,400. The last coin on number 10 is Maidsafe with 8.58 mill. So 5x on the first percentage he takes? Thats funny. My maths say its hardly 2x. So that is a short term reward. Yes he will need  10x to reach 2015 yr end and we will see if the project is around at that time.

Assets are not valueless because of the work put in and the technology? Either you don't understand pricing or you are just trying to push a point. What is the worth of myspace today? The technology or work doesn't matter. It is what people are ready to pay for something which matters.

Considering he holds most of his assets himself or via proxy is a rather telling story, no matter what keiretsu BS he sells. The story is either there is no market for his assets and he is artificially creating volume by selling among himself or he is controlling/cornering the assets by setting vague structures (thrown in words like vertical, horizontal, keiretsu etc etc). In crypto, that should concern you.

Going by your description of MGW, I mean, Supernet, there is some bad news. Unfortunately there is already a supernet like structure in place from jl777 itself - called MGW. Though currently it works for providing gateway for NXT to a coin, supernet expands it to do cross reference by increasing the pairings. The total market cap of the asset? 600 bucks. Yep, so lets bet the horse and the house on a service which does two way exchange ie not fixed to NXT. Lets put in 10k btc and hope nothing goes wrong.

Actually its funny, there is another asset on NXT AE called SIMGATE opened by a newbie account on NXt community called Nxtblg which was supposed to act as gateway for Simcoin (https://nxtforum.org/assets-board/(ann)-simcoin-gateway/) Funnily enough, 67% of the asset is held by jl777hodl.
Its even more telling the same account has issued two more assets - NFDGate and NFDGateway - both of which are dead markets.

And it would seem you read my post but dint understand it. I am arguing he is putting in assets which he owns and has no risk exposure to, and then wants 500 BTC out of the deal. So its all win for him and risk is to the investor. 

But it is your money. You surely will get some returns during the initial pump, people during the opening IPO did. Its not a long term project as you are making out it to be.

I don't own any TOKEN for what it's worth. I'm interested in superNET though and I want to see it succeed because I think it will be a good thing for the sector. The only "Kool-Aid" I'm drinking is the one in search of facts and truth. Whether those facts are for or against jl777, I don't care. But I'm just calling it like I see it. I'm not vouching for anything. People should do their own research and invest only what they can afford to lose in every case.

The reason I asked you to tell the truth is because clearly you were bending the situation by saying that "he has asked for 500 BTC for "2000 BTC worth" of his own assets.".

First of all, it is a proposal to for people who hold TOKEN to vote on. So if they feel it's not in their best interest, then they can simply vote no and the asset will stay how it is.

The proposal only pays out if and only if the NAV of UNITY reaches an agreed upon value, which will likely be something like "UNITY is listed in the top 5 or 10 assets on coinmarketcap.com". I don't know exactly what it's going to be, but obviously the whole deal in contingent on a massive increase in value for the UNITY asset.

These are the scenarios:
1. Vote No, nothing changes.
2. Vote Yes, UNITY now holds additional assets and will pay out 500 BTC upon reaching the agreed upon value

In the #2 scenario there are two scenarios:
1. UNITY does not increase in value to the specified NAV point and no more BTC is allocated beyond the 1% currently available.
2. UNITY does increase in value, people holding UNITY now have multiplied the value of their holding, and now James has more working capital(which will likely amount to 2-5% of the market cap at that point).

I don't think anyone is saying that all assets, crypto or otherwise can immediately be liquidated for whatever their current market value is. Obviously it doesn't work like that, so when dealing with a large portion of any asset, the value is debatable. James has not claimed otherwise as far as I know. I think it's more than reasonable that the person who is developing such a large project should have adequate capital to work with to make it the best it can possibly be. I told him that I thought he had made a mistake in only allocating 1% of the fund for working capital. That's incredibly low for such a large project, whether it raises 5k BTC or 10k BTC(5k looking more likely). What is 50 BTC when you have random projects here raising 1500 BTC IPOs for development? Why shouldn't superNET be able to pay its developers competitive rates and contact the highest quality people to audit the code and do security checks?

I think you're focused too much on the fact that he's decided to pledge a large amount of assets that have a nebulous value associated with them. Not on whether having additional working capital would be good for the project or not. SuperNET is not just the MGW dressed up differently. Usage and network effect is the most important aspect of what makes a currency successful. Having a common bond that joins myriad quality services together in to one unified interface is something that is needed in this space where we constantly have new technologies competing against each other. Maybe superNET won't be 'the one', maybe you or someone else will create a competing network that offers better services and ends up being the dominant connective force in crypto. Who knows what will happen. I do think that some sort of unifying network like this is inevitable. Before I thought that maybe there wold be some ultra-technologically superior crypto that would come out and just dominate the market, I had never thought of the possibility of just having a common network to share technologies that would essentially allow for unlimited growth just by adding useful tech to a singular gateway. This way technological process can happen gradually in an iterative fashion that eliminates the need for 'marketing' coins. People who develop useful services will likely want to join, and it will likely be beneficial for them to join so that they can take advantage of the network effect that is offered.

Actually, though you couldn't possibly know this, NFDGate/way assets have nothing to do with any jl777 action, but are part of an entirely different project.
So its not very telling at all.

I guess you have trouble reading? Lets do an Explain like I am Five for you - The issuer had an asset - SIMGATE 67% of which issuance was held by jl777hodl - now I have to wonder what kind of association that means? jl777hodl has 67% of the only asset issued by the account. I am having a hard time understanding the relationship between two....and the account tried to issue NFDGate which again was a "gateway" asset. again what is being implied...I surely can't tell. Oh the difficulty.
Ah yes, unless using maths:
jl777 = MGW, a gateway asset
jl777hodl=jl777

From above,
jl777=jl777hodl

NXT-PSY8-B4SS-JQ7G-AJD86 = NxtBlg = Simgate = Gateway asset
NxtBlg = NFDgate = another gateway asset
jl777hodl = 67% of the Simgate asset

From above,
jl777 = Nxtblg or something to do with Nxtblg

Thats certainly not telling at all.


And that was not the truth? Or was my detailed search not mentioned in the post? Hmm...lets check..."I did a longish of jl777 holding's here:
https://bitcointalk.org/index.php?topic=780481.msg8795729#msg8795729" --> so anyone with half a brain would check the reference being made and then say whether I lied or not. You got to love how BCT people make shit up.

So no more of the 5x-10x increase or huge increase in NAV or any of the kool aid stuf? You got to love when people go back to debating facts.

Is it a publicly known fact that the assets which he is donating was held by him? Until then general public who vote in are aware of this fact,the voting is rigged. Secondly there was no need to propose a change after the ICO has started but not ended.
Thirdly, correct me if I am wrong but he owns 10% of Supernet and going by the backhandness (again this has no facts - see no lies :) ) which was shown in other jl777 asssets, I am willing to bet he owns at least a good degree of voting influence. It would be surprising if it gets voted NO.

And holding a majority of the asset without public disclosure is fine? Had it been coins, no one would touch it with a long pole but it is asset, so fuck it and take my money?

And as I said earlier too, you are on kool aid. There are number of issues, including his association with shady assets, pumping his own assets (considering he owns most of them), false claims - he does own the majority of sharkfund0 -- the place where he got 4x returns (I for one certainly would love to see some auditing of books of sharkfund0), and generally a lot of typos - example pdf says NXTPrivacy owns 50% of Privatebet (its 60%), holds 30% of crypto card (its 40%), owns 8% of jl77hodl and HRNXTPool 33.6% (which goes under underpromise and over deliver). So yeah with the tape over your eyes, you can only see one issue being raised.

Thats a lot of words being used for a gateway for coins with contextual advertising. As the saying goes - even if put a lipstick on a pig, it still is a pig.

not my cup of tea

FYI. I'm the issuer of those assets, and the reason why they're "dead markets" is that I want it that way. To be frank, my landline Internet went down shortly after I issued those assets and it took the phone company three weeks to track down what was wrong with the associated lines. The first problem was a corroded wire protector at the base of the pole, and the second (believe it or not) was some butterfingered line technician mis-wiring the connection for my line in the neighbourhood aggregator box.

Call me an Internet addict or whatever, but those three weeks were really hard on me - especially since I had to try my best to field redemption requests by fumbling around with an Android cell phone. Since neither of those cryptos have Android wallets, you could say that I went through a challenging time.

Maybe I'm neurotic, but those three weeks of no-Internet hell made me lose all taste for doing anything with those gateways except (possibly) buying out the rest of the holders someday. I won't be re-issuing any of the assets I got back from redemption requests. Since I issued those assets to widen the distribution for both Simcoin and NFD, it was little more than a promotional technique for the underlying alts.

But now that you mention it, I do have to thank you for digging up James' buy. I had no idea that most of the Singate I issued is in jl777hodl!

You seem to be working under the assumption that simply because jl777hodl has purchased SimGate, that all of Nxtblg assets are associated with jl777, and that is simply not the case. You're trying very hard to find/see relationships that do not exist, which is why you don't understand them.

In natural and evolutionary biology, systems of interdependence win out over systems of competitive eradication. I thought this was very accurately  & beautifully expressed by Este:

"Usage and network effect is the most important aspect of what makes a currency successful. Having a common bond that joins myriad quality services together in to one unified interface is something that is needed in this space where we constantly have new technologies competing against each other. Maybe superNET won't be 'the one', maybe you or someone else will create a competing network that offers better services and ends up being the dominant connective force in crypto. Who knows what will happen. I do think that some sort of unifying network like this is inevitable. Before I thought that maybe there wold be some ultra-technologically superior crypto that would come out and just dominate the market, I had never thought of the possibility of just having a common network to share technologies that would essentially allow for unlimited growth just by adding useful tech to a singular gateway. This way technological process can happen gradually in an iterative fashion that eliminates the need for 'marketing' coins. People who develop useful services will likely want to join, and it will likely be beneficial for them to join so that they can take advantage of the network effect that is offered."

The supernet ecosystem is not top down, as many people would try to paint it. It is an emergent system, and this is why it will succeed.

https://en.wikipedia.org/wiki/Emergence

http://www.amazon.com/Emergence-Connected-Brains-Cities-Software/dp/0684868768

You've done nothing but make ad hominem attacks and unsubstantiated claims while linking to your post and spreadsheet. Here's a short list of the claims you've made with no evidence what so ever:


Not true as shown above in an eariler post.


Evidence? And as far as I know any coins held by superNET are to be held indefinitely. Certainly any sale of assets in the form of coins will go to a vote.


Again, evidence?


Now you're accusing him of falsifying volume and inflating the price of his assets. Evidence?


...


So now the voting on BTER where people have openly purchased ~3k BTC of TOKEN is rigged?


What are you talking about here? He's the one saying he owns the assets and he's often mentioned how much the total asset value of his shares of his assets are. Why don't you think it's a good thing for someone who's producing something that drives the price of an asset(technology, trading, providing a service, whatever) to own a large part of that asset? Isn't economic incentive a good thing?

All you've done is attacked James by accusing him of doing the things above but the only evidence you've presented thus far is your spreadsheet that outlines which parts of jl777 assets are owned by other jl777 assets.

Anyone who's read the superNET thread knows that James holds large portions of his assets and the all of his assets are cross owned in a multitude of ways. It says so right in the superNET OP. Where did he claim otherwise? And why is that necessarily a bad thing? He's the one developing the technologies or choosing what coins to invest capital in those assets, so owning the assets that he's attempting to increase the value of makes sense from an incentive standpoint.

Regarding the typos in the PDF, that document wasn't written by James. If you're trying to claim some intentional deception on the part of James you're going to have to try harder.

If you're ever up for a giggle, feel free to satirize the above FUDster by changing his target to Berkshire Hathaway. ;)

you would have to ask the dev i find out what he does when everyone else does (i get no insider info ever nor have i asked for any)

The entire operation is dependent on one anonymous person. Too risky to invest in this.

I don't think the NXT devs are aware of his identity.

LOL jackpot coin and max coin.... only serious choices :D :D

NXT appears successful with rising assets and trades and volume...
But it's entirely possible that all that is being faked by about 10 people and their sock puppets.

Here you have a highly centralized exchange listing anon promoters without any accountants involved...
Without any "adults" with reputations involved...
People are investing 6 figure sums based on some spreadsheets from anon people in foreign countries...
They have to sell these securities in China to try and stay out of jail.

And this jl777 dude probably controls 50% of these assets in a slew of interlocked companies...
None of which like interDEX appear to be working or actually doing anything useful.

Ripple has > 50 employees in Silicon Valley and, after 3 years, not much to show for it...
But on NXT... ONE ANON DEV is going to produce tens of millions in real value in a few months...
Someone who jumps from project to project every 6 weeks.

It all looks so creative and out-of-the-box...
But it's just Crypto Pink Sheets riding on a password...
Nothing decentralized or P2P here that matters.

NXT is my favorite candidate to be the next Full Tilt Poker...
The US Govt could completely shut down NXT in 24 hours for bilking 100s of US citizens.

Dream on! They can't do shit to NXT, there are thousands of users all over the world, who keep the network running, and more are joining every day. Oh wait, I am wrong, they can shut down Internet for everyone, because most communications still go through US based fibres. Yeah, they can do that.

How would this even work? The US government would have to buy up so much NXT that every holder would probably become rich. And even if the government did pledge some large sum of money to do this, all these now rich NXT holders would just start a new NXT chain and dare the US government to come make them ultra rich again. Sounds like a pretty good deal.

I would to see this happens!!  :D

Ever heard of Multigateway?

Looks to be working pretty well for me.

Can somebody explain how I can send any coin in the SuperNet using BBR's ring signature technology?  It's really difficult for me to grasp how this is going to work ...

Good question. I have some guesses but it might be best if you asked that question in the main superNET thread where James hangs out.

Short guess though for BTCD --> BBR transaction is this: 'Teleport' the BTCD in to a multi sig 'telepod' onion routed through the supernet. MGW and instantDEX instatly converts it to BBR at market rate minus a small fee. SuperNET nodes use multisig to complete your BBR transaction according to the details you specified.

The above is pure non-technical speculation and should not be considered anything but a guess on my part!

Also, I don't think this is supposed to replace BBR. Having BBR and sending it is probably always the best option. But I think a big part of superNET is giving users options and making everything available to them and giving them a choice of what tech they want to use.

edit: I'll go post the question if now in the thread if you don't mind because I'm now really curious!

That was why. If all those who want to buy gets in then there is no demand after. If I want I can now buy them for much lower.

The difference here is that the intent of superNET is to generate profit through services offered and pay dividends based on revenue. So the demand will be based on revenues. If one UNITY share is paying xx% PA in dividends the demand will take care of itself. There is no guarantee of course that superNET will generate profits, but that is the intention of course.

IPO/ICO is closed!

What is next? I am excited (since I invested a bit).

Open market trading and patiently waiting while James and others spend their days developing and testing I think.

everything that we invest should be learned deeply. no invest till we understand it cause no reason to take risk.

There's no rush, it's a big project! It's a free market and I'm sure someone will always be selling some UNITY out there. :)

I thought the time to get in is already over?  ???

I'm sure that's true.  Will definitely be keeping my eye on it.  I didn't participate in the ICO, mostly due to the presence of the other assets that are not coins, but I think highly of jl777 and I'm hoping that all y'all who DID invest experience awesome returns!  I'm definitely not one who wishes for bad outcomes for things I didn't participate it.  There is PLENTY of opportunity throughout crypto and related stuff that everybody should be able to find a way to succeed.

You'll be able to buy it on the open market soon enough.

I am out  :D

I'm excited about my first SuperNET dividend payments.

I gonna love these neoDice shares  ;)

You will regret.