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1581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 10, 2014, 05:32:38 PM
I have heard you say this (quote below) a couple of times, it concerns me that you are suggesting that the coins are not meant as an actual currency but only an in app advertising token. I'm guessing this is to tread carefully in regulatory environment but people should know they might never be able to use these coins outside the app to actually buy something basically?

If so you should be clear this is a closed system ultimately. Its not going to be attractive to users if they are told they can't actually buy anything at all with the gems. Therefore the main motivation to use this particular app disappears. And  can't imagine teenage girls trading the coins for Bitcoin on exchanges and then using BTC anytime soon.

"Gems are a product designed to be used to advertise on the Gems network. Until we have finished building the application and the advertising functionality Gems are still inherently tradable between users since this is a core functionality of the blockchain technology. The only reason you should be purchasing Gems is to use as an advertising credit in the future or in order to support the Gems application development."




The problem is the value of Gems is not based on the use as a currency but only as an advertisement payment. So even if you were get to have a few million users its not like Bitcoin where they are currency holders but the value is based on what advertisers will pay to connect to those million users. Which is a lot lot lot less than people think. Imagine a popular blog gets a million viewers, doesn't mean an advertisers ie Google ads will bring much revenue for the blog, some but its not much. Plus chat apps are not the best place for advertising anyway.


1582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion] on: November 10, 2014, 07:48:35 AM
What's the deadline for BTT stakes?

I already did mine but I assume you can't distribute until all have been redeemed?
1583  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: November 10, 2014, 05:56:03 AM
AT is the biggest feature we have done so far and developing it will take time.
When working with the AT team we have to learn each others code.
If we don't do this correctly and rush it big mistakes could be made.

Creating the new client isn't just about making it more beautiful and more appealing but to make something better and make it easier to use.
With the new client we also need to support AT as best as we can so the development of the two will be combined.

Big updates are not expected soon but you can expect updates that solve problems.
I have been working with poloniex to make the wallet better and make sure that it can work with huge amounts of data.
I expect all the problems with poloniex will be solved soon.

The missing API for assets is also being developed but does not have the highest priority because only a few people actually have a need for it.
Solving the problems with poloniex have been given a higher priority for now as it affects more people.

In the end this project wasn't made just to survive.
If we want to make a difference for the cryptocurrency community and thrive we must do things right and that will take more time.


Thanks for the update, something like this every week or two is what we need. I still wonder if we should go OS if anything so others can help solve problems but I'll leave that decision and timing up to your wisdom.
1584  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: November 08, 2014, 04:02:03 PM
Oke here is how I see the future.

Initially it was never the goal to become a feature pumping machine.
The initial goal for this project was to try and simplify features, Looking for ways to improve them and see if they could be combined somehow.
We have features now so there is no point in pushing more features until the available ones find a use.

The main development focus will now be to make the client stable and getting more use out of the existing features.
The new wallet will be part of the goal of making Qora and its features more accessable.

To go open source this project needs to get a proper identity first. This means atleast the following things need to be done before we can go open source.

  • Rework this topic (update the information, self-moderate it to prevent the spam).
  • Recreate the website (correct information, blog, forum).
  • Better communication through the blog, forum, etc
  • Create better documentation on how to use the client.
  • Setting up a proper issue tracker with guidelines.
  • Fixing the issues people are having.
  • Maybe a new logo.

I am already working on these things so don't expect them to take very long.
Some parts of the source might be hidden first. If this creates a larger interest and community the missing parts will become available immediatly.

After 40 days and almost no movement on many of these issues I think its fair to ask what is going on with OS?

I don't have a problem but some on the list haven't even been touched and could be done in hours or a few days.

-A new moderated thread? Would take a minute.
- Better communication through the blog? Thats vague as hell.
-Fix issues? I didn't see anyone has any issues with new client and again vague.
-Website? The old one is only a few months old, its not critical.
-A new logo? why? And if its likely to be a community thing why arent we setting up the bounty and having people post their ideas?

I think as a community we need to push Qora a bit for clearer answers. This list seems vague at best and doesn't seem to be moving anywhere fast and aren't actually that important. The list is ironically focused on communicating Qora better.  Roll Eyes
1585  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion] on: November 08, 2014, 03:04:55 PM
Why don't you have the worlds population, around 7 Billion? At least its a figure that means something.
1586  Alternate cryptocurrencies / Altcoin Discussion / Re: To re-evaluate a crypto currency: Qora coin on: November 08, 2014, 02:58:33 PM
Immediate disclaimer:  I do not own any Qora.


Qora has been proven to be independent code.  Is it possible this coin can be revived?  Or is this destined to die as a $hitcoin?


Disclaimer to moderator:  This isn't a promotion thread but TaunSew asking if Qora has a future or if Qora is a $hitcoin


You know and I know Qora is not a shitcoin, how can a brand new code that is reported to have a neat and well developed code be a shitcoin? Don't you know the definition of a shitcoin.

Now is Qora traded at a price normally reserved for shitcoins? Yes it is, but that's an opportunity not a negative. How can a coin once OS with i'm sure some great assets working on its AE with turning complete be traded as worthless? The question is almost laughable once you look at the facts.
1587  Alternate cryptocurrencies / Altcoin Discussion / Re: To re-evaluate a crypto currency: Qora coin on: November 08, 2014, 02:27:52 PM
Qora is very certainly still overvalued for being closed source. I'd be ready to take that risk to buy an unknown product (closed source) for around 10% to 20% of the current price.
Caveate emptor can't be applied to closed source but it's a main rule here so most people who know what they do will stay away.
Trading open source coins is risky enough. Don't need more risk, thank you.


Why is it not open? Because it has flaws? Because there is nothing to show? Because it's not clean? Or because the dev has a problem with the head? Which is it?


Its worth remembering NXT already had moved 1000's% before OS and only popped 30% briefly at OS.

The developer is development focused calm and mild mannered with zero hype. I know that hard for the thrill seekers on this forum but most of the hyped coins of the last year have already popped and been forgotten. Qora will be around for years.
1588  Alternate cryptocurrencies / Altcoin Discussion / Re: To re-evaluate a crypto currency: Qora coin on: November 08, 2014, 02:24:15 PM
Qora is very certainly still overvalued for being closed source. I'd be ready to take that risk to buy an unknown product (closed source) for around 10% to 20% of the current price.
Caveate emptor can't be applied to closed source but it's a main rule here so most people who know what they do will stay away.
Trading open source coins is risky enough. Don't need more risk, thank you.



FACT: We have suffered from low vol since Sharexcoin decided it was gonna run off with early investors coins and then dump them. By then we had low vol and one guy who was determined to manipulate the price down and has nearly 10% of the coins now.   


At some point the guy will stop edging the price down and will pump this coin to the moon on this low vol. So no the beast is sleeping not dead.
1589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: November 08, 2014, 06:03:04 AM
It would be good to get a progress report though. Vrontis?

There is a private repository dedicated for the integration of AT into Qora's testnet.
Qora and the AT team are integrating AT into this testnet guided by the AT API.Seems that the basic concerns about the AT API has been discussed and solved and we are in the stage where the implementation of API functions is taking place into the core.
Also, the atomic cross chain transaction use case will be the first use case that Qora is going to have.


Amazing!
1590  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion] on: November 07, 2014, 04:51:41 PM
when is the launch? We are getting past early Nov on the OP info.
1591  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: November 06, 2014, 03:08:30 PM
Curious the dev was really fast when he created Qora source code
Since he's not so fast


You think he is slow in implementing AT? You wanna show me anyone else who has already done it? Actually this is not the work of Qora, I assume he is just guiding the AT developers. So any perceived slowness of a unique anf first feature is down to that team and complexity of the work. Great time to buy now cause when they are done there will be a pop.

It would be good to get a progress report though. Vrontis?
1592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP OWNED BY THE USERS | Gems public sale | on: November 05, 2014, 05:45:50 AM
So your asking for double the marketcap of Qora for only half the coins. A cool million dollars for making an app, what planet do you crypto stealers live on? You get money when you succeed not when you just make an app.   Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
I'm out of here.

- The pre-sale is going to be done in a price discovery mechanism. The community is going to decide the initial marketcap.
- We think its important to keep Gems reserve for the airdrop in order to grow the network.
- we explained why we think a pre-sale is the right model for Gems here: https://bitcointalk.org/index.php?topic=758004.msg8707596;topicseen#msg8707596


What does price discovery mechanism actually mean in practice?

Will the initial sale price change over time?
1593  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: November 03, 2014, 06:12:36 PM
What happened to the new wallet, branding website etc that was going to come soon preceeded by OS?


Has AT delayed these plans?
1594  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion] on: October 31, 2014, 07:20:37 PM
Positivity needs to return to this thread. The trick is not to go down the rabbits hole of FUD'ers and kind of ignore them, when you try to respond and care what they say they win.
1595  Economy / Speculation / Re: what are your thoughts on recent price drop? on: October 31, 2014, 05:57:56 PM
Bitcoin will fail, sell it all now


What is your evidence for this very negative prediction? I am interested in bullish predictions and bearish but I would like some information on why you think this.



Clearly he is joking..


Bitcoin took a real hit from the recent dump probably from Etherueum goons dumping the proceeds of the sale, they have nothing good to give to to Crypto in my opinion. I think it also hit the confidence of people too but I think we will edge up to $500 as we hear of more bank failures etc. Bitcoin at $350-400 is hardly a disaster anyway!
1596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxttycoin | Earn 5% bonus per month on your holdings for the next 12 months. on: October 31, 2014, 03:41:13 PM
Any news on whether an off app store download is going to become available or why some can't download?.
1597  Other / Meta / Re: The Altcoin Forum has changed my political views on: October 31, 2014, 01:22:12 PM
I have concluded that libertarianism and anarchism is simply a mild hell on earth.  Altcoin forum has convinced me how utterly the idea has failed.

I'm not sure what my political ideology will be ... but congrats.  

Scammers need jailtime.  Noobs need protection.  The idea of ethical and not ethical needs to be defined by something other than profit.

So yeah ... good job altcoin forum.

Maybe time to go back to the idea of dictatorship since democracy has also obviously failed ...


Since when does Libertarian mean no laws? laws particularly land rights are essential part of Libertarian thinking. Anarchism is something else again. 
1598  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion] on: October 31, 2014, 05:31:36 AM
Lets use the stakes to make a MOVIE!!!!

Brad Pitt and a gang of Crypto Nerds in a future zombie apocalypse battles the Federal Reserve with nothing more than NEM and semi automatics.


Others ideas for movies:

In the NEM of the Father
The Man With No NEM
NEM Country for Old Men
NEMtanic
Gremlins 2: The NEM batch
Dr NEM
Look Who's Talking NEM
Star Wars: Episode IV - A NEM Hope
Finding NEM

ETC.....

1599  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP OWNED BY THE USERS | Gems public sale | on: October 30, 2014, 07:48:14 PM
Any info if gems is expecting a letter from sec?

Based on what I know, tokens are not being used in a way that would qualify for the SEC to intervene. GEMS is fine.

Although I think GEMS can only reach its true potential if its Android as well. 90% of people that I know in Europe have an Android phone rather than iOS.
Yes please look into this matter with SEC, if any. Also would love to have the android app on day one too  Smiley


The SEC is an American organisation which isn't gonna have much bearing on an IPO in Israel is it.
1600  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: October 30, 2014, 04:04:26 PM
what's the hell sell order?
who want to out can contact renat0  Grin
He's not replying.  I think he's just trying to spread optimism so he can cash out.  Rumor has it whales (renat0, dzarmush, agran, rabbiter etc) and Qora are dumping.  Insider information?
I don't wanna point fingers, just posting what I heard and got to know by analysing the blockchain.  Look at that huge sell wall on bter! You take your own conclusions.

Information for those people that are not following the chat:

http://qora.co.in/chat/logs/2014/10/27.html

[22:14:50] <Qora> Anyone that wants to talk about things can always do it here or by pm.
He doesn't reply anybody either.

I'm selling qora for 12 satoshi! We may use escrow!


I got this guy at 99% likely of just creating FUD but I admit I'm a little bit wondering what is going on, someone is selling 23btc! Worth, could Qora be dumping? Does the guy really know something we don't?
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