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21  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable on: June 16, 2017, 03:30:40 PM
What mechanism will you use to place a value on contributed ERC20 tokens?

It is a live conversion

I would appreciate more detail on this.  

In particular, I would like some way to estimate what value you are going to assign to a block of ERC20 tokens that are sent to your ICO address.  For example, in the recent MobileGo ICO, six different coin types were accepted and all donations were timestamped with a value calculated using the BraveNewCoin API.  

https://bravenewcoin.com/api/digital-currency-tickers/

TenX is a multicurrency crypto card.  It is not too much to ask for a significant level of detail on how you are going to calculate the values of multiple currencies during the single day that you rake in (another!) $35 million dollars worth of capital.

Man I hope its not like the Encryptotel and Mobile GO ICOs. It'd be nice to just have a flat conversion rate for the one or two days, just because of the volatility of Eth and BTC as of late. Anyone who invested early in the other ICO's got destroyed because values skyrocketed on the coins used to buy in. Flat conversion is easier to audit, track, and predict.
22  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: June 16, 2017, 03:42:45 AM
Bitconnect sounds really tempting as I could do the $10k level for max returns but damn its so new and I'm not sure I quite trust the way the system works. Does seem ponzi-ish..

I feel like there's so many ICOs going on right now I'd hate to tie up that much, when I have 3 or other coins I'm waiting to get listed and another 2 I'm waiting on a good selling price.

Anyone actually used Bitconnect for a few weeks or so?
23  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining on: June 15, 2017, 09:56:14 PM
Man it must be nice to be a whale. One guy instantly gets a 4% return because he bought the first 10% of the ICO.

https://ethplorer.io/address/0x503066f2ead628569f16c01c4b3ca469f22cec4a

8700 Eth during the first bit of the ICO. Pretty bold buy!

He owns 35.5 Million tokens (18.5%), the whale closest to him only owns 7.9 million tokens (4.14%)
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: June 15, 2017, 08:19:40 PM
People are yelling scam for this coin.
Even on other forms they are saying this about it saying people are in a panic now and dumping it causing it drop hard in value.

People are stupid and are yelling scam about all kinds of projects all the time. Other stupid people listen to them...

Funny how all the people screaming scam are usually Newbie accounts or accounts less than 3 months old. This happens in all the threads where there is a really successful ICO or launch. People are either jealous they missed out or too stupid to use the tech they bought into.
25  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable on: June 15, 2017, 06:41:24 PM
What's the sale target on 24th June?
Another 100,000 ETH?

200,000 ETH hardcap - half of it is already contributed in the presale. Waitlist ist around 40K ETH right now.

Forgive my poor math.
200,000ETH hardcap - 100,000 presale = 100,000 left.
What's about 40k ETH? Huh Huh
It mean there are total 140k eth in presale phase being invested, but only 100K ethers were accepted by them, the other 40k ethers have to wait till June 24th, attending the offical ICO , so there are only another 60k ethers can be accepted on June 24th.

I'm going to go ahead and say we will have around 20 min on the 24th to get your ETH in before hardcap is reached.
26  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: June 15, 2017, 06:28:46 PM
I just bought 10.5 ETH of SONM

I bought some as well. Man this ICO is selling out quickly. Can't send BTC anymore just Eth. I bought 11.1 ETH worth.
27  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [IOT] IOTA Speculation on: June 13, 2017, 11:31:18 PM
Can you answer this (quoting myself from another post):

Iota introduces an interesting new concept in the crypto scenario: the directed acyclic graph, or DAG. Basically it's an evolution of the usual blockchain, requiring no fees and without scaling issues.

Nevertheless, after having a quick look at the white paper I still don't understand how the nodes will keep working continuously. In the "tangle" there are no miners, the beloved greedy workers of the Bitcoin blockchain. Instead, here to perform a transaction, you should verify other transactions first. In the white paper (http://iotatoken.com/IOTA_Whitepaper.pdf) they say:

Quote
what motivates the nodes to propagate transactions? In fact, in our setup the nodes do not have motivation
not to propagate. Every node calculates some statistics, one of which is how many
new transactions are received from a neighbor. If one particular node is “too lazy”, it
will be dropped by its neighbors. So, even if a node does not issue transactions (and
hence has no direct incentive to share new transactions that approve its own one), it
still has incentive to work hard.

I'm not convinced by this statement. In fact, let's say that  I'm a node and I don't want to be excluded by other nodes (and even on this I would like to understand what it means to be excluded. If you start again working hard can you be re-admitted? I could work only if I need to do transactions).
If my fellow nodes work x, I could work 0.99 x to not get excluded and minimize my work. But this reasoning can be applied to every node, since electricity has a cost, so everyone one will lower its effort, resulting in a system that perform poorly.


As to why a node would want to propagate here is how I understand it:

1) the difficulty is not high with IOTA, it can't be because anything with a processor needs to be able to perform a tansaction. This includes cell phones, modems, desktops, laptops, etc.

2) the more neighbors, the faster the network grows/operates. Would a visual help? This is the tangle live:https://tangle.blox.pm/
you basically have a new way to connect with every new neighbor, so it makes sense you'd want as many neighbors as possible that are not "lazy". If your node is lazy, you essentially are not operating on the network to full capacity and get blacklisted. Electricity costs for this is negligible. The "proof" does not require a miner, only a device containing a small amount of processing power.

I'm not extremely technically savvy, but I have tried to keep up since I have a decent amount,
28  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [IOT] IOTA Speculation on: June 13, 2017, 09:19:12 PM
people You are blind? have look:

2,779,530,283,277,761 total supply IOTA Cheesy = 2,779,530,283 Mega Iota

direct link : http://iotasupport.com/whatisiota.shtml

price is 1000000 more high value than should be

Price is actually correct, coinmarketcap was mislabeled the name.

Coinmarketcap should read MIOTA which is Mega Iota as in 10^9

All price and trading is done in MIOTA

IOTA does not use decimals as BTC does.

2,779,530,283,277,761 IOTA

1,638,927,500,000,000 Satoshi

Is it really that hard for people to not think in terms of decimals  Cheesy

Think of 1 IOTA as 1 Satoshi and there is only twice the supply. IOTA is meant for micro transactions between Machines, not humans.

I've been following the project for around 1.5 years, and bought in right after ICO. If you guys have real questions I'd be glad to help. Anyone who says this tech came out of nowhere is a moron. Its almost 2 years old now and sprouted from the JINN project/devs. Most are just upset they missed the boat, because there was no flashy ICO or huge announcements or advertisements. Devs have basically only focused on making the tech work and actual development which is lacking in new coins these days.

There are some pretty big investors lined up as well, but they are not confirmed or announced yet so I will not mention them, but there are some that have been announced and I hope you would research that as well. Transaction thorough-put has been tested, and verified during last stress test(done mostly by community). The trans/sec is actually real guys...
29  Bitcoin / Mining speculation / Re: BLAST...A...CONTEST! PRIZES ARE 1 LTC AND A COMPAC STICK. Picks are started! on: June 11, 2017, 01:57:25 PM
I'm going to go with:

+13.4 %
30  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥[ICO]EncryptoTel: Secure VoIP and B2B blockchain communications infrastructure on: June 08, 2017, 04:06:20 PM
Are the distributions being sent out in batches? I only got a partial amount of my tokens. I was supposed to get around 22k and I've only received 4k in my wallet.
31  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 06, 2017, 02:57:49 AM


I count it as a loss because even when trading begins the price will not reach 9x its current value. That's roughly what has to happen for me to profit even a little. I've held coins for periods of over 1 year(I have 3 coins right now I've not touched for that long), and I may do that with this coin. All I said is right now its a loss and I will probably exit early to minimize the loss. I have a shit ton of stuff going on and the ICO was taking so long I honestly didn't keep up with it. I have 3 other ICOs i'm already involved with, this was my smallest involvement. Every ICO i've been involved with has made me money accept this one. It happens, so what I'm not fucking married to the coin as you seem to be. I hope this coin and tech succeeds, its great for developers! I'm just telling you I'm not sticking around.

I must be doing something right considering I invested $2500 about a year ago and now hold just over 58 BTC and 5 GPU rigs completely ROId. I do have a degree in mech. engineering, so I can't be that stupid... Care to continue with insults or do you have anything else?

You just looked at your tokens and thought you got free money...
The one guy calculated the time stamps for you and it's all golden, but you got into your head that you were already getting all this free money.

If you put ANY money into this ICO, I would bet money it's going to triple. Just look at any other decent ICO's so far. So there's no way you're going to lose money. It doesn't exactly make sense that you'd have to have ANY token go x9 in value to make ANY profit...wouldn't you just need 1.5x or so?....



While I agree with them, it's your fault for thinking you'd get THAT many coins for such small amount of capital, I also know that when I pointed out that other ICO's have run smoothly, Hhampuz got bitchy with me too...and all of a sudden is talking about how all these flaws that I bitched about are normal and just get over it or read a little lol.

You were very dumb for thinking putting in that much money would get you that many tokens at ~.76 cents a token likely when they hit the exchange...if you put in $X and you see tokens are ~.76 then you literally told yourself you got FREEEEEE money and have now been counting on that...and just the whole logic of you need it to go 9x to get any profit?...not following that one unless you're counting the price of I guess the fake wave assets that are like .02 or whatever the guy posted.

However even if you were dumb Hhampuz is very passive aggressive. Very douchey.

Why are people still ranting on this... Jack and windjc cleared everything up, and I said I get it. I was busy, didn't take the time to calculate everything correctly, and noticed a big change in token count. I owned that mistake twice. You're talking about a difference of like $3k usd in what I thought I was getting and what I'm actually getting. I have just over 150k USD in crypto and a very nice job...I don't give a fuck about 3k. Just a little confusion on my end and laziness for not reading through a 165 page thread to find the correct formula. Thank you for all the bold words and sentences, it really opened my eyes. I didn't think I had free money or let it get to my head... its 3k.
32  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: June 05, 2017, 10:56:33 PM
Totally off topic but I am really regretting not picking up iota and supernet. Pretty sure they are about to go up exponentially in value. Sigh.

When SuperNET is only on 1 exchange and iota isn't at coinmarketcap at all.

You REALLY need to research past coinmarketcap. If you're only investing in coins listed there you are too late. They go there AFTER they are on exchanges. The tech is developed and launched generally, and you have missed the ICO.
33  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 10:44:42 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?

If you did that math, you would know that 6000 WAVES tokens was too high for your investment amount. You didn't "lose anything", you mobilego estimate was simply ridiculously high for what you paid in USD. It was a display error a number of other waves investors noticed. But you didn't lose a thing. Each token is worth roughly 76 cents. It would be a bit crazy to receive that many mobilego for 1000 waves, right? See what I mean now.

No I get it Jack, like I said mistake on my part. Why would you guys even bother showing coin balance If they are that fucked up though? Just don't show them until they are correct.  Look I'm done here, as I said good luck with the coin and development. I didn't lose anything you're right I just got fucked for using Waves instead of Eth. Only thing I lost was POTENTIAL gain on my waves holdings, which is not your fault.
34  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: June 05, 2017, 09:36:00 PM
I guess I'll Chime in although not very diversified right now:

Total BTC: 59 BTC

Waves - 10.7 BTC
WCT - 1.9 BTC
IOTA - 42.7 BTC
Bitcoin - 1.5 BTC
EncryptoTel - 1.1 BTC
MobileGo - 1.7 BTC

I will slowly be converting more to BTC and USD over the next two years due to tax concerns.

Not too many BTC on one coin? Where to buy IOTA?

There are some selling in a buy/sell thread. ICO was almost 1.5 years ago.
https://bitcointalk.org/index.php?topic=1550236.0


Bitfinex announcement for June 13th
https://twitter.com/bitfinex/status/871457013993152514


35  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 09:26:35 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?

We discussed this in Slack when you started ranting in there. We laid it out for you in a way that even yourself admitted to understanding it. And now you are in here trying to spread FUD?



Lol what in the fuck are you talking about? I've never once entered the MGO slack. And i'm not spreading FUD, i'm asking if similiar investors are having the same thing happen to them. Audit is not final and i mentioned it seemed "strange". Can you read? Do you always just make wild accusations when someone raises concerns? STFU and let someone helpful chime in.

Quote
Are you really sure about that? Because some hours ago someone came in to Slack and wrote almost exactly the same thing. Investing 1k Waves, having 6k MGO and then dropped to 1320. But whatever.

Wow crazy another person investing 1000 waves, a completely uncommon number used throughout society.

Quote
You can't really say that you are asking a question when you say things like "It's been great participating in an ICO where I actually LOSE close to 5x my investment" and "Is this just due to shitty ICO page"

Token amounts have been fluctuating widely, there was obviously a big problem with Waves investor's totals, and half the time you couldn't even see a balance. I've seen better crowdsales is what i'm getting at.

Quote
Perhaps you should learn how to properly formulate a question before you start typing it out with anger. Also, there's no need to be so rude. If you've actually spent time in here, read the newsletter, talked to anyone involved you would of known how to properly calculate how many tokens you would get. You can't just simply put in some money and blindly trusting an ESTIMATE and then get angry when it changes.

I was rude because you blindly accused me of something that I did not do and then you didn't even show proof of your statement. Seemed rude to me.
You're right about the calculation, not disagreeing with you on that, just surprised how BIG of a change it was. I will just be counting this ICO as a loss and moving on. Not a large investment luckily. Good luck to those holding.


How can you count it as a loss when trading has not even started?

You can't tell me that you are that stupid so you believe that you can invest ~600 and get ~5500 before the tokens has even been distributed? If that's the case I've no idea how you manage in the crypto world. Especially if you invest in several ICO's..


I count it as a loss because even when trading begins the price will not reach 9x its current value. That's roughly what has to happen for me to profit even a little. I've held coins for periods of over 1 year(I have 3 coins right now I've not touched for that long), and I may do that with this coin. All I said is right now its a loss and I will probably exit early to minimize the loss. I have a shit ton of stuff going on and the ICO was taking so long I honestly didn't keep up with it. I have 3 other ICOs i'm already involved with, this was my smallest involvement. Every ICO i've been involved with has made me money accept this one. It happens, so what I'm not fucking married to the coin as you seem to be. I hope this coin and tech succeeds, its great for developers! I'm just telling you I'm not sticking around.

I must be doing something right considering I invested $2500 about a year ago and now hold just over 58 BTC and 5 GPU rigs completely ROId. I do have a degree in mech. engineering, so I can't be that stupid... Care to continue with insults or do you have anything else?
36  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 08:37:48 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?

We discussed this in Slack when you started ranting in there. We laid it out for you in a way that even yourself admitted to understanding it. And now you are in here trying to spread FUD?



Lol what in the fuck are you talking about? I've never once entered the MGO slack. And i'm not spreading FUD, i'm asking if similiar investors are having the same thing happen to them. Audit is not final and i mentioned it seemed "strange". Can you read? Do you always just make wild accusations when someone raises concerns? STFU and let someone helpful chime in.

Quote
Are you really sure about that? Because some hours ago someone came in to Slack and wrote almost exactly the same thing. Investing 1k Waves, having 6k MGO and then dropped to 1320. But whatever.

Wow crazy another person investing 1000 waves, a completely uncommon number used throughout society.

Quote
You can't really say that you are asking a question when you say things like "It's been great participating in an ICO where I actually LOSE close to 5x my investment" and "Is this just due to shitty ICO page"

Token amounts have been fluctuating widely, there was obviously a big problem with Waves investor's totals, and half the time you couldn't even see a balance. I've seen better crowdsales is what i'm getting at.

Quote
Perhaps you should learn how to properly formulate a question before you start typing it out with anger. Also, there's no need to be so rude. If you've actually spent time in here, read the newsletter, talked to anyone involved you would of known how to properly calculate how many tokens you would get. You can't just simply put in some money and blindly trusting an ESTIMATE and then get angry when it changes.

I was rude because you blindly accused me of something that I did not do and then you didn't even show proof of your statement. Seemed rude to me.
You're right about the calculation, not disagreeing with you on that, just surprised how BIG of a change it was. I will just be counting this ICO as a loss and moving on. Not a large investment luckily. Good luck to those holding.
37  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Portfolio on: June 05, 2017, 08:22:07 PM
sorry but wich coin is IOTA ?

https://bitcointalk.org/index.php?topic=1216479.0

Probably the most revolutionary project in crypto right now. Read for yourself.
38  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 08:19:51 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?

We discussed this in Slack when you started ranting in there. We laid it out for you in a way that even yourself admitted to understanding it. And now you are in here trying to spread FUD?



Lol what in the fuck are you talking about? I've never once entered the MGO slack. And i'm not spreading FUD, i'm asking if similiar investors are having the same thing happen to them. Audit is not final and i mentioned it seemed "strange". Can you read? Do you always just make wild accusations when someone raises concerns? STFU and let someone helpful chime in.

What was the date and the amount of Waves? A simple calculation can tell you if its accurate or not.

Tue Apr 25 2017 14:04:53 GMT-0500 1000 Waves

M-go balance shows 1,319.98 tokens

39  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 08:16:04 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?

We discussed this in Slack when you started ranting in there. We laid it out for you in a way that even yourself admitted to understanding it. And now you are in here trying to spread FUD?



Lol what in the fuck are you talking about? I've never once entered the MGO slack. And i'm not spreading FUD, i'm asking if similiar investors are having the same thing happen to them. Audit is not final and i mentioned it seemed "strange". Can you read? Do you always just make wild accusations when someone raises concerns? STFU and let someone helpful chime in.
40  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund - LARGEST Crypto Crowdsale In History on: June 05, 2017, 08:06:30 PM
Strange. I invest 1000 Waves and my balance was 6000 MGo tokens, log in today and its gone down to 1320 MGo Tokens. Its been great participating in a ICO where I actually LOSE close to 5X my investment even with first day buy bonus. Love the way the works. Is this just due to shitty ICO page or did anyone else who invested with Waves experience the same thing?
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