Price is going parabolic...  there is no rush, still over 30 BTC available below 0.02 James |
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Hey friends some one got the payment when o-pool maintance before or after mind o-pool opalcoin. !!
Come to irc and we'll sort you out. And for the comment above, yes we will be on multigateway. yes. I now have the DB building, deposit detection and asset transfer, withdraw request detection and coin payment all done and spot tested. the multisig address generation code is done, will debug that next. After that, a bit of blockchain interfacing for the deposit address generation and will be ready for testing. Takes a bit of time to load the DB. How big is the OPAL blockchain? James |
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Got a bit distracted today with a financing deal.
MGW withdraws are almost working in the DB setup and as a SuperNET API
The above financing deal will become an asset dividend, probably later this month
James
P.S. If you are a whale, PM me for ground floor opportunity
Can you explain this more? What is DB? PS: DB = BitcoinDark? ¿Minimum capital to be a whale? DB = Database I think he's looking for anyone willing to invest 5+ BTC for that opportunity DB is database 1.5 million NXT worth of asset sold out overnight SuperNET holders will receive dividends. If it is in the form of UNITY, eventually will receive dividends James |
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I got distracted with a financing deal today, but I am still on track to get MGW withdraw done and maybe even multisig address generation.
making multisig telepods hurt my brain though, didnt quite work...
Anyway, if you are whale type guy, I might have some assets available at ground floor pricing, but only for 5 BTC+. You will get it at the same price as SuperNET will pay for it
James
which kind of assets? 1.5 million NXT worth sold out overnight... SuperNET and NXTventure will be dividending out this asset, more details soon |
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I got distracted with a financing deal today, but I am still on track to get MGW withdraw done and maybe even multisig address generation.
making multisig telepods hurt my brain though, didnt quite work...
Anyway, if you are whale type guy, I might have some assets available at ground floor pricing, but only for 5 BTC+. You will get it at the same price as SuperNET will pay for it
James
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Got a bit distracted today with a financing deal.
MGW withdraws are almost working in the DB setup and as a SuperNET API
The above financing deal will become an asset dividend, probably later this month
James
P.S. If you are a whale, PM me for ground floor opportunity
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bassguitarman (from OPAL) got a realtime logging of slack working!
This means we can publish all the public channels to a website. Unfortunately it will have to be on supernet.org, but at least everyone will be able to see all the crazy stuff we are doing
James
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Hey all,
Sorry if this is redundant. I was away for a while…
What exact assets should I now have in my BTER account, assuming all I ever had in there to begin with was UNITY?
For those who have held UNITY on BTER since the very beginning, how many asset dividend distributions should there have been?
Have these distributions happened automatically for everyone who has UNITY assets kept on BTER?
Lastly, does anyone know the NXT asset ID# for the NXTInspct asset? I have been unable to find the ID# anywhere I have looked, and when you click to "trade" it on BTER, it just jumps to the LTC/BTC trading pair.
Thanks!
neoDice, NXTinspect (14273984620270850703) and Pangea The first two happened, not sure about the Pangea dividend distribution yet |
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Does this sound too good to be true only to me ? It's like we bought a little money making machine that sits on a blockchain and spits out money every month without the holders doing anything  I'm waiting for the FEDs to kick down doors any moment now I don't get it. That would be impossible. The money has to come from somewhere. It sounds like they're taking your money and investing in coins/stuff, which is a good idea. The can research coin devs, buy undervalued coins, and sell to pay out dividends later once price rises. There's lots of money to be made. They may also be looking to make popular apps/websites that require coins to use. As long as they keep making money there will be tons of dividends to pay out. I'm into this idea that they have going on. The superNET is a nice bit of technology to hide behind and make it all work. They can then start getting coin devs together and build a team of 20+ devs. This is all a pretty exciting idea. Only small part of SuperNET is about investing in coins. The main part is the dozens of devs that are already actively working on the many projects, each with specific goals and monetization. All of that combines into SuperNET James |
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Though $100 price would require around $2 in dividends per year at a 50:1 ratio, which is about $4700 of dividends per day.
Could someone ELI5, please? Correct me if wrong: 50:1 ratio is in terms of total market cap to dividends per year. There is a total of 816061 SuperNET assets. 816061 * $2 = $1,632,122 in dividends a year $1,632,122 / 365 days = $4,471.57 in dividends per day Return 2%/year yes 2% per year if you pay $100 per asset from a cost basis of $4 it would be 50% per year, but probably more significant would be the 2500% capital gain. So even if it took 2 years to ramp up to this, that is back to back 500% per year compounded. This is just a hypothetical and this all hinges on getting to the $2 per year dividend stream. If this is achieved, then these projections are certainly quite reasonable. These are the same economics as any high tech company in a high growth industry, except the overhead for SuperNET is quite low and the profit margins quite high. James |
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I finished all but the withdraw tx construction part of the DB MGW -> SuperNET API
In the original MGW, it did a batch withdraw and combined all the pending withdraws into a single tx...
Now, I am think about changing it back to a per withdraw tx and if it is doing it one withdraw at a time, then I could use telepods. Well, a mutant form of telepods, but maybe I could use actual telepods. This would have the advantage of creating more traffic overall and also by using the same mechanism get us some testing of the teleport system within the context of an existing transaction flow
As I expected, it took a week to do this, but now there is only one code base for me to have in my head at once. So, I can start to percolate better solutions and leverage the power of MGW into Teleport.
Since this is a holiday weekend, I think I will work just half a day today.
James
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How does superNET work? Where can I read anything about how revenues work and what are the benefits to stake holders? Btw the latest news on OPAL were so stunning, I truly think this coin can be on the top 30 of alts easily. I have been suggesting you to buy this coin since OPAL being @500sat  starts a discussion about how SuperNET assets work. the following is an approximation of how SuperNET works:  |
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hi, how often supernet adds new coins?
not often there is no time schedule, just when a qualified coin is found James |
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so let me get this straight if i buy supernet unitys I get dividends from ALL assets on supernet or just certain ones ....im still confused  you will get dividends of all assets released related to supernet, AND you will also get dividends from all the affiliates that supernet owns portions of. so once they are all up and running JUST FOR OWNING SUPERNET you will get dividends from Privatebet InstantDEX NXTprivacy Atomic NeoDICE NXTcoinsco cryptocard Pangea FreeMarket Omnigames etc... plus you will get paid asset dividends and the assets that you got from dividends will then later PAY dividends GOOD INFO....so to clear it up I should just buy unity and wait for dividends in my nxt wallet and don't need to buy other assets...assets within assets etc....  SuperNET is all you need. All the assets within assets... are built into SuperNET itself. Only if you want to concentrate investment into a specific area, do you need to delve into all the different assets/coins James just to be clear so I just buy supernet unitys and wait for dividends in my nxt wallet... how? when? will i get paid dividends lets say for example if i buy 100 unitys how would that work how much am i looking at for current market thanks in advance +1 Realistically the biggest dividends in the short term will be asset dividends. There are 75000 each of omnigames, Jay and SNN in the pipeline, so just a bit less than 1 asset per 11 UNITY assets. With an average market price of 30 NXT for these, 100 UNITY would get 11 * 30 * 3 = 990 NXT worth of dividends. Timeframe is totally unpredictable, but with the market price of about 180 NXT this is 1/18'th > 5% return just from the dividends. Keep in mind that 90%+ of UNITY value is backed by the BTC, NXT and other crypto it holds and it uses this to put up buywalls to allow for liquidity. Currently there is 2 million NXT worth of buywalls at 160 NXT, one in NXT AE and one in BTER I target a risk profile of 20% on the downside and X% on the upside. If you hold onto the asset dividends and they grow, then the yields are better of course. I didnt charge anything for the revenue side of SuperNET as it was sold at NAV, eg. liquidation value and this is why it has held its value throughout the bear market. James |
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Dear BitcoinDark community,
I'm happy to announce that BTCD has been added to Altcoin.Center's addseed node network!
Our high availability DDoS protected servers provide a stable and fast access to the block chains of a handful of carefully chosen coins - now including BitcoinDark.
If you are having trouble getting your wallet synchronized ("No block source available" or slow download speed), just add the following three lines to your BitcoinDark.conf and restart your wallet:
addnode=seeds.altcoin.center
addnode=seeds.altcoincenter.eu
addnode=seeds.altcoincenter.us
Yours,
Jyri
--
Altcoin.Center
Great news! Any news on the new BTCD client would also be great....looking for it for weeks now The new client can be viewed at github.com/jl777/btcdI believe longzai1989 has been working on an HTML gui as well. sneak peek: https://i.imgur.com/vsuYqvM.png https://i.imgur.com/NoDpss9.png |
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Yes, I mean that expectation of returns is an order of magnitude greater in crypto, so I doubt the same ratios apply here. Not sure what a reasonable estimate would be, though.
There is a premium for high growth tech stocks due to the fact that growth is non-linear. We see PE in triple digits. Now Price Dividend ratios are used for companies that have dividends, typically not your high growth tech stocks, which might not even have earnings yet. During high growth, Price Sales and the rate of revenue growth is estimated as to what sort of growth path it is on Then earnings are generated and Price Earnings ratios are used, during the early high growth days triple digits, dropping to double digits, even single digits for low to negative growth industries. Then there are the companies whose value is based on their dividends (remember earnings are accumulated inside the company and not 100% dividended out, especially due to taxes) and the Price Dividend ratio is typically double or more of the price Sales ratio Money is money and an investment will be evaluated based on rational ROI projections. Granted during the early years a lower ratio will be in place due to the risk factor of crypto in general, but compensating that is the growth factor. In these scenarios of thousands of USD per day of dividends (not just earnings), the growth rate will have to be astronomical as we are starting from a baseline of 0. If anything I would be surprised at a dividend ratio of 50 as that is more a floor, during the exponential growth years it could easily be 10x that as the revenues would be a small fraction of what it will be. That is what I meant when I said "when the market realizes", so if when we are doing $500 per day of dividends, but have 500 people in slack and 50 projects in the pipeline, it could get a 500:1 dividend ratio just based on people's expectations. I think google during the early years had "crazy" high PE ratios and the people who didnt understand the coming growth of the internet thought they were overpaying. James |
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This thing should be worth at least 100$ Not until it is fully operational, or at least not until the market realizes that it is just a matter of time before it is fully operational. Though $100 price would require around $2 in dividends per year at a 50:1 ratio, which is about $4700 of dividends per day. Realistically, to achieve this there would need to be 25,000+ users (~15 cents per day per user), which is a largish number, but certainly within reach. I know it is just a matter of time, but I do have inside knowledge, so I just have to be patient for the rest of the world to find out. James |
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