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I am excited about this one
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Nice buy pressure on Alcurex building, nice to see.
If they release the client tomorrow and enable A2A, 0.0002 is the floor - can only go higher |
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I followed the forging instructions and the server is running and supposed to be forging (got deadline and hitTime). It has been running for about 40 min and there's no change (even a marginal change...) in the balance. perhaps it is not forging or should it take more time to see any reward?
If about 2,750,000 heat are currently forging and there are 3,456 blocks per day, then you need approximately 800 heat to forge one block per day or approximately 19,000 to forge one block per hour. If profitability is 0.4% per day it means that 3,456 * 8 / 0.004 = 6,912,000 heat are currently forging. With this amount, it means that 6,912,000 / 3,456 = 2000 heat are needed to forge one block per day or 48,000 to forge one per hour. It means that currently 36% of all heat are forging. That is good news - it means that profitability will in the worst case be 4-5% per month during the next 12 months. More likely it will stabilize in the range 5-10%. I must say that is sound almost insane. haha, that is rediculous, can;t wait to start forging Haha, We're still pals |
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My banks interest rate is 0.6% P.A
Heat is 5% per month.
If the tech is good and you are holding 50,000 heat,
You are making around 2,500 heat per month,
That is 30,000 Heat per year ( estimation, i can't be bothered to do the accumulative interest calculation).
Lets say - and i know it sounds farfetched at the moment,
but lets imagine that Heat pulls it off & its market cap reaches 50 Million,
a) your $2600 stake is now worth 1 million dollars
b) after forging in year one, you are making about $50,000 a month or $600,000 a year
Your overall Heat net worth from a small $2600 stake at the moment, after year one is worth about $1.6 million
We can even be more realistic and say that Heat achieves Waves market cap around $25million
That is still $800,000, from a $2600 stake at the moment + forging for one year.
The maths look good.
I don't think your calculations are correct. The current market cap of heat is: 0.000073 btc/heat * $920/btc * 25,000,000 heat = $1,68 million If hypothetically the market cap of heat would increase to $25 million, it means an increase of factor 15. So, your small stake of $2,600 would increase to $39,000 + value of forging - 5% per month gives 80% per year - so total value would be $70,000. There is a risk that all the new heat from the forging will create inflation, and that the price per heat may decrease because of this. I think it will be much more important for the value that the devs keep adding new features, and that some new use-cases / partnerships are created which benefit from the scalability and the very high number of transactions per second (tps) which are possible. Imagine something like the first decentralized exchange built on top of heat, allowing for high-frequency trading. No other blockchain can currently do that (they all have too slow tps rates). Yeah, i got too excited... basically scale it down by a factor of ten the maths above would work with a $26,000 stake which is 1% of Heat maths still look good anyways |
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My banks interest rate is 0.6% P.A
Heat is 5% per month.
If the tech is good and you are holding 50,000 heat,
You are making around 2,500 heat per month,
That is 30,000 Heat per year ( estimation, i can't be bothered to do the compound interest calculation, this figure is actually slightly higher).
Lets say - and i know it sounds farfetched at the moment,
but lets imagine that Heat pulls it off & its market cap reaches 50 Million,
a) your $2600 stake is now worth 1 million dollars
b) after forging in year one, you are making about $50,000 a month or $600,000 a year
Your overall Heat net worth from a small $2600 stake at the moment, after year one is worth about $1.6 million
We can even be more realistic and say that Heat achieves Waves market cap around $25million
That is still $800,000, from a $2600 stake at the moment + forging for one year.
The maths does look good.
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anyone knows why xcp is rising ? news? thanks
XCP has become the new Magic The Gathering Online Xchange.  This also...... http://www.augmentorsgame.comBIG, Still hodling since ICO. I have never lost faith in counterparty |
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I followed the forging instructions and the server is running and supposed to be forging (got deadline and hitTime). It has been running for about 40 min and there's no change (even a marginal change...) in the balance. perhaps it is not forging or should it take more time to see any reward?
If about 2,750,000 heat are currently forging and there are 3,456 blocks per day, then you need approximately 800 heat to forge one block per day or approximately 19,000 to forge one block per hour. If profitability is 0.4% per day it means that 3,456 * 8 / 0.004 = 6,912,000 heat are currently forging. With this amount, it means that 6,912,000 / 3,456 = 2000 heat are needed to forge one block per day or 48,000 to forge one per hour. It means that currently 36% of all heat are forging. That is good news - it means that profitability will in the worst case be 4-5% per month during the next 12 months. More likely it will stabilize in the range 5-10%. I must say that is sound almost insane. haha, that is rediculous, can;t wait to start forging |
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But if the tech is what it claims to be,
Something none of us really know yet,
Well... you can check the sourcecode... I know I know they didn't upload it yet (the sourcecode file is empty ) but you can decompile the binary and get a pretty good result with this handy tool " http://www.benf.org/other/cfr/"! Have fun finding bugs and if you manage to hack some accounts remember to drop a few for your good ol pal Stew ^^ Unfortunately i only know a bit of python, we need a seasoned developer to review the code Now the mainnet is released, ( in no particular order apart from number 1) 1. Finish the windows client + enable a2a trading 2. Use bitcointalk banner space to promote Heat, 3. Use coinmarket cap banner to promote Heat 4. Use google adwords 5. New Heat video. 6.PR personnel - just find someone trustworthy in the bitcointalk community who will do it for some HEAT from the developers fund. He should also be reguarly on slack. You need a slack community. The slack community is non existant at the moment 6.Marketing guy - This guy needs to be good at meeting people in block chain conferences and selling Heat - this guy is important. He has to be a sweet talker & also handle all the tactics suggested + more. 7. Attend all blockchain expo with a stall. 8. get listed on more exchanges i.e Bittrex 9. RELEASE A ROAD MAP WITH DELIVERABLE DATES INCLUDING POINTS MENTIONED & DON;T F UP AGAIN, IT ONLY ALIENATES INVESTORS. |
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But if the tech is what it claims to be,
Something none of us really know yet,
Well... you can check the sourcecode... I know I know they didn't upload it yet (the sourcecode file is empty ) but you can decompile the binary and get a pretty good result with this handy tool " http://www.benf.org/other/cfr/"! Have fun finding bugs and if you manage to hack some accounts remember to drop a few for your good ol pal Stew ^^ Unfortunately i only know a bit of python, we need a seasoned developer to review the code Now the mainnet is released, ( in no particular order apart from number 1) 1. Finish the windows client + enable a2a trading 2. Use bitcointalk banner space to promote Heat, 3. Use coinmarket cap banner to promote Heat 4. Use google adwords 5. New Heat video. 6.PR personnel - just find someone trustworthy in the bitcointalk community who will do it for some HEAT from the developers fund. He should also be reguarly on slack. You need a slack community. The slack community is non existant at the moment 6.Marketing guy - This guy needs to be good at meeting people in block chain conferences and selling Heat - this guy is important. He has to be a sweet talker & also handle all the tactics suggested + more. 7. Attend all blockchain expo with a stall. 8. Refund people that want out, do the same c-cex did Stewie, you own 20,000 Heat, Which is close to 1% of Heat. That is a big stake for any project It would be better that these guys got their act together with this stuff and heat is a success, for you and everyone. I agree the majority of the BS is unacceptable, But i would prefer that Heat is a success. If they get out the client & if the code is legit then this project holds real promise. Remember that ethereum has loads of bugs too, they got hacked 150 million dollars last year lol. i think now they released a mainnet & have proven they are competent in some capacity, we should be alot more supportive I still want developers to review the code though They never got hacked! It was the DAO that got hacked. I am not talking about buggy software, I am talking about fraud, intentional fraud! I stated earlier that I don't like being ignored and being lied to! I don't care about the > 20k HEAT these are peanuts! I got lied to and I want my money back! No I don't want the money from somebody else so that they get rid of me and can continue to praise this shit behaviour until a new StewieG comes and stands up to this bullshit! No I want them to admit their mistakes, apologize and refund me! Then they have learned their lesson and this project can continue to grow! Before that I will not go away! I know it was the DAO,, i invested in that. But the smart contract was written in collaboration with the ETH guys. In any case, without semantic verification like what Rchain is trying to achieve, creating smart contracts is always going to be flawed using Eth. Ethereum still had bugs regarding quite a few other things. 20k is peanuts at its fiat value now, but if Heat becomes big then 20k is not peanuts. I think the risk/reward ratio at the moment for Heat is pretty good. I would rather hold X% than have the fiat but i guess we are all in different positions financially. I have increased my position in Heat. |
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But if the tech is what it claims to be,
Something none of us really know yet,
Well... you can check the sourcecode... I know I know they didn't upload it yet (the sourcecode file is empty ) but you can decompile the binary and get a pretty good result with this handy tool " http://www.benf.org/other/cfr/"! Have fun finding bugs and if you manage to hack some accounts remember to drop a few for your good ol pal Stew ^^ Unfortunately i only know a bit of python, we need a seasoned developer to review the code Now the mainnet is released, ( in no particular order apart from number 1) 1. Finish the windows client + enable a2a trading 2. Use bitcointalk banner space to promote Heat, 3. Use coinmarket cap banner to promote Heat 4. Use google adwords 5. New Heat video. 6.PR personnel - just find someone trustworthy in the bitcointalk community who will do it for some HEAT from the developers fund. He should also be reguarly on slack. You need a slack community. The slack community is non existant at the moment 6.Marketing guy - This guy needs to be good at meeting people in block chain conferences and selling Heat - this guy is important. He has to be a sweet talker & also handle all the tactics suggested + more. 7. Attend all blockchain expo with a stall. 8. Refund people that want out, do the same c-cex did Stewie, you own 20,000 Heat, Which is close to 1% of Heat. That is a big stake for any project It would be better that these guys got their act together with this stuff and heat is a success, for you and everyone. I agree the majority of the BS is unacceptable, But i would prefer that Heat is a success. If they get out the client & if the code is legit then this project holds real promise. Remember that ethereum has loads of bugs too, they got hacked 150 million dollars last year lol. i think now they released a mainnet & have proven they are competent in some capacity, we should be alot more supportive I still want developers to review the code though |
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But if the tech is what it claims to be,
Something none of us really know yet,
Well... you can check the sourcecode... I know I know they didn't upload it yet (the sourcecode file is empty ) but you can decompile the binary and get a pretty good result with this handy tool " http://www.benf.org/other/cfr/"! Have fun finding bugs and if you manage to hack some accounts remember to drop a few for your good ol pal Stew ^^ Unfortunately i only know a bit of python, we need a seasoned developer to review the code Now the mainnet is released, ( in no particular order apart from number 1) 1. Finish the windows client + enable a2a trading 2. Use bitcointalk banner space to promote Heat, 3. Use coinmarket cap banner to promote Heat 4. Use google adwords 5. New Heat video. 6.PR personnel - just find someone trustworthy in the bitcointalk community who will do it for some HEAT from the developers fund. He should also be reguarly on slack. You need a slack community. The slack community is non existant at the moment 6.Marketing guy - This guy needs to be good at meeting people in block chain conferences and selling Heat - this guy is important. He has to be a sweet talker & also handle all the tactics suggested + more. 7. Attend all blockchain expo with a stall. 8. get listed on more exchanges i.e 9. RELEASE A ROAD MAP WITH DELIVERABLE DATES FOR ALOT OF THESE POINTS & DON;T F UP AGAIN, IT ONLY ALIENATES INVESTORS |
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I have a funny feeling that after all this bullshit,
Heat might do well.
I agree that the team have been unprofessional and socially awkward,
These guys are nerdish introverts, it could be expected, which is why they should hire a PR/marketing guy asap.
But if the tech is what it claims to be,
Something none of us really know yet,
then Heat has a bright future, they need to hire someone who is good with people asap though.
They are inept in quite a few a senses for a start up. But it is nothing which cannot be resolved aslong as the tech is there.
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Once again,
has any developers checked the source code?
If they have, could they give us feedback?
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Does alcurex come with the 1.5 x multipler? has it already been put in place?
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has anyone examined the code behind the wallet?
Is it all legit?
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WHERE IS THE PROMISED WINDOWS WALLET? NOT THE ALPHA, NOT THE ONLINE WALLET, THE REAL WINDOWS WALLET
Thats what we all want to know |
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C-cex could you clarify the situation regarding Heat,
What if C-cex Heat holders do not want to exchange their tokens for Btc?
In case dev provide working wallet at the moment of buywall expiration - coin will stay on exchange and you will be able to withdraw it. If not - it will be removed from exchange. |
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Huge volume - this can easily do 4 x from here
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HEAT seems undervalued at this point let see where it goes  how do you figure, at 0.0001 - it gives heat a marketcap of around 2.4 million dollars. Do you feel this project is worth more than projects such as LbRY or Bitbay, I don;t think so. Not from what i have seen so far. |
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Buying up to 2 btc worth of heat - 0.0008
We chose an escrow
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