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theres no problem here as long as their is money on the table, there will be new coins.
its good for competition and progress.
I think ultimately every processor made will be mining their own block chain with every spare cycle they have, thats how many coins there will be.
hell there will probably be some coins running on abacuses at some point
if you have any knowledge of thermodynamics, this just an organisation system to reach the lowest energy level to arrange society with respect to energy and matter reserves
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UPDATE The DEV clarified. Hello all together,
We can understand what jubalix (and others) are saying.
Thank you all for staying friendly.
We are going to provide "real" escrows with Anon (so that we will send our EXO to Anon and he will send his BTC to us). We will accept this if we can do it in batches of some BTC. But therefore I need a clear ok from Anon that he will be ok with this "real" escrow + batch execution. As for other escrow providers we cannot do this at the moment. They have to support it. So if you want to use something else and want a "real" escrow then please ask the service provider to contact us. If they are going to support this way we will accept it then as well.
Hope that is ok to everyone now? Please wait for an OK from Anon first!
as for the investments and PMs please hold on... I responded That sounds much fairer! I just wanted it to be clear! This gives legitimacy to your project, if you do it this way. Note all people who escrow with Anon will have to OK the sending at the time EXO are given over to anon, and the EXO dev will be entitled to receive their EXO back if you don't ok. |
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>>>YOUR REASON DOES NOT MAKE LOGICAL SENSE<<<< The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures for what he has collected and from whom. You can calculate exactly on this basis. given this information Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you. Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit. You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do. PS I deal in large complex Escrows for big $$$ and this is how it works and what it means. I also hold a Degree in Law. Your "definition" of escrow is asymmetric in your favour. Don't absue the words Escrow in this way. Also don't blame it on poor language as you clearly understand how to construct the deal in your favour. The Escrow must hold both parts from both parties or control of both parts, or it's not an escrow. And don't tarnish ANON136's rep of service with pejorative comments, to the effect thats a nice add on if you listen to your customer. You in RED loudly declared you could escrow and repeated it, then as soon as you got a real Escrow you attacked him, his clients and his service, when you realised you got what you asked for and you didn't like it If you can do the maths and logic well enough to write new code in c++11, then you can easily work out proportions or stake from Anon136 information, he is even setting up a spread sheet. Of course no coins will be released to you for a "beta" as in test net coins or similar but only once the live working system is released with real exo coins that can not be voided by you or anyone else. See even after escrow, the risk is you protocol fails and everyone loses their exo's, but we know the LTC and BTC protocols mean that they can't be clawed back +1 - this how it should conduct to be called a real escrow, otherwise it's just a collection fund to be released by Anon. Hello all together, We can understand what jubalix (and others) are saying. Thank you all for staying friendly. We are going to provide "real" escrows with Anon (so that we will send our EXO to Anon and he will send his BTC to us). We will accept this if we can do it in batches of some BTC. But therefore I need a clear ok from Anon that he will be ok with this "real" escrow + batch execution. As for other escrow providers we cannot do this at the moment. They have to support it. So if you want to use something else and want a "real" escrow then please ask the service provider to contact us. If they are going to support this way we will accept it then as well. Hope that is ok to everyone now? Please wait for an OK from Anon first! as for the investments and PMs please hold on... That sounds much fairer! I just wanted it to be clear! This gives legitimacy to your project, if you do it this way. Note all people who escrow with Anon will have to OK the sending at the time EXO are given over to anon, and the EXO dev will be entitled to receive their EXO back if you don't ok. |
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EXO COIN IS CLAIMING YOU CAN USE "ESCROW" but then redefining "ESCROW" to mean you hand over your coins first, because we can't do simple maths to work out stake proportions, you know fractions, but we can write and entirely new code base in C++11 for a Crypto. I'm not saying EXO is a scam, but their abuse of the word ESCROW sure is. See below where I dig their error out EXO HERE IS YOUR CHANCE TO REPLY AND COME CLEAN. YOUR CURRENT POSITION IS NOT LOGICAL ?
Not sure what you mean by that. But maybe I just explain the process - I think this will answer your questionmark: on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations. One day before launch we will make those calculations and prepare the distribution. However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances: - you can read the whitepaper - you can take part in an open beta before you need to finish the escrow regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program. I hope that I could help you. >>>YOUR REASON DOES NOT MAKE LOGICAL SENSE<<<< The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures for what he has collected and from whom. You can calculate exactly on this basis. given this information Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you. Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit. You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do. PS I deal in large complex Escrows for big $$$ and this is how it works and what it means. I also hold a Degree in Law. Your "definition" of escrow is asymmetric in your favour. Don't absue the words Escrow in this way. Also don't blame it on poor language as you clearly understand how to construct the deal in your favour. The Escrow must hold both parts from both parties or control of both parts, or it's not an escrow. And don't tarnish ANON136's rep of service with pejorative comments, to the effect thats a nice add on if you listen to your customer. You in RED loudly declared you could escrow and repeated it, then as soon as you got a real Escrow you attacked him, his clients and his service, when you realised you got what you asked for and you didn't like it If you can do the maths and logic well enough to write new code in c++11, then you can easily work out proportions or stake from Anon136 information, he is even setting up a spread sheet. Of course no coins will be released to you for a "beta" as in test net coins or similar but only once the live working system is released with real exo coins that can not be voided by you or anyone else. See even after escrow, the risk is you protocol fails and everyone loses their exo's, but we know the LTC and BTC protocols mean that they can't be clawed back |
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Guys this will be so much bigger than NXT. Let's make it happen
Sarcasm much? |
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I agree and propose:
eXo should be sent out first, followed by Anon136 sending the escrowed BTC/LTC to the dev team.
that would also work and would be the mirror case to what exo is asking, but they won't like it. though if Anon136 held both that would be fair to both parties. |
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?
Not sure what you mean by that. But maybe I just explain the process - I think this will answer your questionmark: on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations. One day before launch we will make those calculations and prepare the distribution. However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances: - you can read the whitepaper - you can take part in an open beta before you need to finish the escrow regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program. I hope that I could help you. >>>YOUR REASON DOES NOT MAKE LOGICAL SENSE<<<< The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures for what he has collected and from whom. You can calculate exactly on this basis. given this information Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you. Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit. You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do. PS I deal in large complex Escrows for big $$$ and this is how it works and what it means. I also hold a Degree in Law. Your "definition" of escrow is asymmetric in your favour. Don't absue the words Escrow in this way. Also don't blame it on poor language as you clearly understand how to construct the deal in your favour. The Escrow must hold both parts from both parties or control of both parts, or it's not an escrow. And don't tarnish ANON136's rep of service with pejorative comments, to the effect thats a nice add on if you listen to your customer. You in RED loudly declared you could escrow and repeated it, then as soon as you got a real Escrow you attacked him, his clients and his service, when you realised you got what you asked for and you didn't like it If you can do the maths and logic well enough to write new code in c++11, then you can easily work out proportions or stake from Anon136 information, he is even setting up a spread sheet. Of course no coins will be released to you for a "beta" as in test net coins or similar but only once the live working system is released with real exo coins that can not be voided by you or anyone else. See even after escrow, the risk is you protocol fails and everyone loses their exo's, but we know the LTC and BTC protocols mean that they can't be clawed back |
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its easy to pull the plug on big centralised operation = block chain stuck and open to 51%.
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we already have press board
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I think your on to something here, but I think it means you eventually have to fly to japan and do something about coffee deserts
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The problem is you send FIAT to gox's bank account, but I doubt you will see that as a balance in your goxed account anytime soon!
true, and the risk is there are no btc coins is my main issue, at the moment the price is 5:1 they don't |
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https://www.mtgox.com/img/pdf/20140220-Announcement.pdfTokyo, Japan, February 20th, 2014! " " Dear MtGox Customers," " " Thank you for your patience this week while we are working on re-initiating bitcoin withdrawals. In addition to the technical issue, this week we have experienced some security problems, and as a result we had to relocate MtGox to our previous office building in Shibuya (details can be found here https://support.mtgox.com/home). The move, combined with some other security and technical challenges, pushed back our progress." " As much as we didn’t want to only provide an “update on an update”, this is the current status. We are committed to solving this issue and will provide more information as soon as possible to keep everyone in the loop." " We are very sorry for the delays and deeply appreciate your kind understanding and continuous support." " Best regards," " " MtGox Team
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how much and at what price would you take the risk. say BTC goes to $1, on goxx you go any buy $100 goxxBTC just in case?  |
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the growth will only be fueled by the adoption of bitcoin and businesses being opened with bitcoin, so with this said, it is a community effort to get everyone involved and be a part of the economy. We need more businesses and less speculators.
annnnd nope thats just retail loose change try backbone current for growth, oh and speculators are good.... |
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ok having though about this I think nxt tech is good, but the maximum cui bono? comes to mind.
the IPO could only benefit stoping short as it did, to avoid further dilution of early stake holders, and we don't know really how many were sock puppets. A few weren't that for sure.
if the originator (s) had a large amount of BTC, they could then sit on the buy and sell side of an 90's exchange they own for near free and make it look like volume, while slowing dumping into the actual market. A slow leak over a few years will get you a lot of BTC.
It could be a slow stealth premine lamp shaded by the tract it is an acknowledged 100% premise
I coin the term
long leak premise
not saying this did happen, but it could be this way.
I am reasonably sure that exchanges launch coins to pull out BTC from people.
The end result may be large adoption...just saying this maybe what has happened here.
In other news, NXT is becoming hard currency in the crypto world like BTC, LTC and DOGE / PeerCoin
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this coin will overtake ixcoin as it has all the benefits none of the premine
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Why don't we get involved with NEM?
Also NXT can run on Rpi
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Missed out on the IPO?
This thread is for they forward sale of NEM into the market. I will set up an escrow if needed and take 1%.
The object is to attract more users to the user base.
The way it works.
Each person on the buy in list has 1 stake in the in NEM.
That person offers a percentage of their stake one exchange for something else.
so say I wish to offer 1% of my stake for 0.1 BTC then that would be binding once BTC received or escrowed.
It is up to the risk of the buyer to choose and escrow service and anything in relation to the project.
I now formally place 0.1% of my stake on the market, and am open to offers.
I take doge, nxt, LTC, BTC or PeerCoin.
I make no undertaking to sell and can withdraw my offer at any time before completion.
over to the market.
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