ok - so out the loop anyone have a coherent tl;dr?
I dropped some BTC in the ICO when bonuses were being issued - what's the status are we getting refunded or is this project going to happen?
You probably got ripped off, but still slim chance you'll see something |
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I'd really like to donate, but I cant get the wallet to sync.
I also think, it might be more effective to do an ICO for Qora 2.0 than trying to attract crowdfunds from a relatively low marketcap coin like QORA. There might just not be that much capital for crowdfunding in it...what will you do with 500$?
This is realy essentiel, you have to start a second crowdfunding for Qora 2.0 to recieve a wider adobtion. 1. you will recieve a much higher funding for development in future 2. Attention of people which already get in into crypto and never heard about Qora. Have you seen what happend with Neos? Realy iam shocked about this reaction, if they understand Qora and its tech behind, they may go cracy 3. Publicity that Qora is starting a new crowdsale, people will talk about Qora and recognice and realize that this awesome coin is still running under radar, new people will explore Qora and community will expand There is only one decision to make! a new crowdsale. You can change old Qora for a better ratio against new Qora. But in my opinion we shouldnt call it Qora 2.0, its implemts the quesion about Qora 1. Imo i would call it Qora Z, or Qoraz, iQora or what ever,,, we could make a list of potenziell canditates in a greater pool. Dilution ICO's, the new black ... |
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James listened to my concerns and raised points to counteract those concerns and took on the feedback. This is what made me join the team, not to get some incentive to do so.
Now if you want to know if im biased, well i am since im on the team. This does not remove the fact that i am a big BTCD holder and have had the best interest of BTCD holders at heart when speaking to James about this.
In any case you are free to swap or not swap. If you dont swap you will still have the BTCD you have now.
Fair enough then, you prefer not to disclose or discuss any payments you might be receiving from premine or komodo ico funds as an advisor, as is your right. |
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@Pondsea - Since the Komodo team members are likely to benefit more than BTCD investors (payments from invested BTC), your opinions mean little.. Komodo team members opinions are NOT neutral and it is NOT genuine or authentic to pretend like it is..
The most neutral opinion is one of a current (as of last day of August) BTCD investor who is not part of Komodo team and NOT likely to be paid from the ~30,000 BTC collected..
We all know that Iguana/SuperNET/Bitcoindark 'had' a huge potential for a sharp rise in value on the freemarket the moment the very cool wallet application was truly ready for mainstream.. Monero and Steem had 50X rise on arguably less tech.. One komodo team member told be that 'whales' had already picked Bitcoindark for a minimum 7X gain... Not a 25%, but a 700% gain (minimum).. This makes sense now why you guys chose 30000 BTC for the ICO, as that's about what whales were valuing Bitcoindark at.. Except, now it won't be BitCoinDark investors who receive the gain, it will be whomever Komodo team chooses to benefit..
Iguana/SuperNET/Bitcoindark has Telepathy, Ram Chains, Pangea, InstantDEX, EasyDEX, multi-wallet, 100X faster sync, 50% compression, etc. etc. etc. Komodo only adds a couple new features and therefore Bitcoindark/SuperNET/Iguana should be more like 80% or 90% of ICO, not 20%.
AND.... That is the opinion of a non komodo team member, who is managing the investment of BTCD for others. I effectively have the obligation to reach out to Komodo team and ask them rethink this..
Komodo team - please.... really think this thru carefully.. What you have done is NOT ok.. It's basic common sense.. In the statutory world, people likely go to jail for less.. 7X Market gain on 4Mil is 24 Mil profit.. This is NOT a lemonade stand. You have to act with the utmost care for your investors. Those who are signatures on the Komodo Multi-Sig BTC wallet, please be very careful and thoughtful about what you are doing, I have the deepest respect for you all and would hate to see you get into any trouble..
Promises were made and those promises need to be fulfilled with crisp, easy to delineate, lines.. Please do not co-mingle Komodo ICO with current obligations until after those promotions have been fulfilled and the freemarket has had a chance to adjust.. I have been a long time advocate of Supernet/Bitcoindark - I've been your biggest fan.. You need to fix this..
Komodo team: You guys are welcome to reach out to me on supernet slack, I'll be happy to explain to you in more detail, the various reasons I believe you need to seriously rethink this.
You can lead a horse to water, but you can make it drink.
Good points! I think those BTCD investors who will be paid 'advisors' from the 10% KMD premine need to declare this openly now to help further discussion. CryptoSporidium i dont think I have seen you in the BTCD thread. I have been active in the BTCD community for over 2 years and have the biggest? holdings outside of Supernet related funds. So i believe my opinions concerning BTCD matter. Can you please let me know which Komodo team member said we were guaranteed a 7x gain? The majority of the current investors in BTCD are in it for the tech and vision and not to get out during a short term pump. James has no obligations to you nor BTCD holders in general, and is free to leave at any time like any other open source project. What people need to remember is James did not start this coin but has helped it become relevant. If he wants to just make Komodo without a BTCD swap he is free to. How would that work out for you holdings? My point is btcd holders offering opinions on the merits of the Komodo plan should declare if they're going to be paid from the 10% premine. You said when james first told you about the dilution of btcd you had strong doubts, but then he 'convinced' you. It's a fair question to ask are you going to be paid from ico funds or the premine. It might be perfectly reasonable for you to receive payment for work done, but then again, people can change their opinion if they're paid to. You're strongly in favor of the ico plan, so you and others should declare if any deals or understandings have been entered into. You can obviously say that's not relevant, but others could then judge how objective you are in this discussion. Me, a small btcd holder not involved in testing etc, not being paid anything |
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As for a name, I leave that to the People.
Haile Selassie ... make the rastafarians happy ... CAN would moon If I'm not mistaken, KronicBlazer from the County of Grass has dibs on that title. Ok then ... as monarchs go Haile was a pretty good one, you could do a lot worse as inspiration for your reign |
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updates forthcoming
Any news on Pokereum? |
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updates forthcoming
Great. Hopefully that means that updates are coming soon, rather than sometimes in the future.  Well anyways I think this is very interesting project. I'm very eager to test the gaming client out.  Any news on Pokereum? |
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As for a name, I leave that to the People.
Haile Selassie ... make the rastafarians happy ... CAN would moon |
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so basically all the swap did was give the dev a whopping 12% premine and good stuff on the roadmap a year away
The premine is being put to good use, and there isn't any ico diluting going on here penalising old investors like with BTCD / Komodo. Syntaks only gets a return if neos does well for all the holders |
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Where is frank, what does he think of the current situation?
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@Pondsea - Since the Komodo team members are likely to benefit more than BTCD investors (payments from invested BTC), your opinions mean little.. Komodo team members opinions are NOT neutral and it is NOT genuine or authentic to pretend like it is..
The most neutral opinion is one of a current (as of last day of August) BTCD investor who is not part of Komodo team and NOT likely to be paid from the ~30,000 BTC collected..
We all know that Iguana/SuperNET/Bitcoindark 'had' a huge potential for a sharp rise in value on the freemarket the moment the very cool wallet application was truly ready for mainstream.. Monero and Steem had 50X rise on arguably less tech.. One komodo team member told be that 'whales' had already picked Bitcoindark for a minimum 7X gain... Not a 25%, but a 700% gain (minimum).. This makes sense now why you guys chose 30000 BTC for the ICO, as that's about what whales were valuing Bitcoindark at.. Except, now it won't be BitCoinDark investors who receive the gain, it will be whomever Komodo team chooses to benefit..
Iguana/SuperNET/Bitcoindark has Telepathy, Ram Chains, Pangea, InstantDEX, EasyDEX, multi-wallet, 100X faster sync, 50% compression, etc. etc. etc. Komodo only adds a couple new features and therefore Bitcoindark/SuperNET/Iguana should be more like 80% or 90% of ICO, not 20%.
AND.... That is the opinion of a non komodo team member, who is managing the investment of BTCD for others. I effectively have the obligation to reach out to Komodo team and ask them rethink this..
Komodo team - please.... really think this thru carefully.. What you have done is NOT ok.. It's basic common sense.. In the statutory world, people likely go to jail for less.. 7X Market gain on 4Mil is 24 Mil profit.. This is NOT a lemonade stand. You have to act with the utmost care for your investors. Those who are signatures on the Komodo Multi-Sig BTC wallet, please be very careful and thoughtful about what you are doing, I have the deepest respect for you all and would hate to see you get into any trouble..
Promises were made and those promises need to be fulfilled with crisp, easy to delineate, lines.. Please do not co-mingle Komodo ICO with current obligations until after those promotions have been fulfilled and the freemarket has had a chance to adjust.. I have been a long time advocate of Supernet/Bitcoindark - I've been your biggest fan.. You need to fix this..
Komodo team: You guys are welcome to reach out to me on supernet slack, I'll be happy to explain to you in more detail, the various reasons I believe you need to seriously rethink this.
You can lead a horse to water, but you can make it drink.
Good points! I think those BTCD investors who will be paid 'advisors' from the 10% KMD premine need to declare this openly now to help further discussion. |
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*90
Ok, so a 10% premine also to go to insiders and bounties... hmm, hope we hear more about plans for this bucket of komodos. 30k btc is a lot to work with so I feel 10% premine is hard to stomach for btcd bagholders |
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So to calculate my new minimum ownership % of komodo assuming I only swap btcd and ico reaches maximum it would be
( (my btcd x 0.0053) / 30k + 6k btc ) * 100
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HUGE DUMP INCOMING
GET OUT WHILE YOU CAN
WARNING
What, beers and vindaloo curry last night? Thanks for the warning ... light a match buddy |
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A previous question was not answered how many ICO, coins, projects has jl777 launched in recent years and what is their success rate?
did you miss: https://bitcointalk.org/index.php?topic=1605144.msg16119953#msg16119953I did not actually launch even BTCD, I joined midway through the PoW phase I did conduct the SuperNET ICO I did raise private investements for various NXT projects and most of them are still pending for reasons explained in the referenced link. I am happy to answer specific questions about any specific project, but for ICO funds it is SuperNET 2 years ago. I would consider surviving the bear market and still retaining the majority of NAV while developing iguana codebase a middling success. Nothing to write home about, but nothing to be ashamed about either. And in any case the end is not reached for SuperNET yet, still has many many years Also, please try to evaluate komodo dPoW on its own merits, it is quite the unique tech. The question is if after seeing a testnet for komodo if there will be a mainnet with notary nodes. Do I have the tech skills to complete the required komodo tech? I did write a full bitcoin node from scratch in the last 9 months. Maybe that is an ordinary thing, but maybe there are less than a handful of people who have actually done that. What is happening with the anonymous debit card project CryptoCard? that is coinomat's card Ok, I thought you issued the asset james, Is it still being developed? |
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A previous question was not answered how many ICO, coins, projects has jl777 launched in recent years and what is their success rate?
did you miss: https://bitcointalk.org/index.php?topic=1605144.msg16119953#msg16119953I did not actually launch even BTCD, I joined midway through the PoW phase I did conduct the SuperNET ICO I did raise private investements for various NXT projects and most of them are still pending for reasons explained in the referenced link. I am happy to answer specific questions about any specific project, but for ICO funds it is SuperNET 2 years ago. I would consider surviving the bear market and still retaining the majority of NAV while developing iguana codebase a middling success. Nothing to write home about, but nothing to be ashamed about either. And in any case the end is not reached for SuperNET yet, still has many many years Also, please try to evaluate komodo dPoW on its own merits, it is quite the unique tech. The question is if after seeing a testnet for komodo if there will be a mainnet with notary nodes. Do I have the tech skills to complete the required komodo tech? I did write a full bitcoin node from scratch in the last 9 months. Maybe that is an ordinary thing, but maybe there are less than a handful of people who have actually done that. What is happening with the anonymous debit card project CryptoCard? |
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Why is this getting such little attention, compared to other similar swaps? That's basically what this is, right? I can't imagine why people would continue to use Vericoin, considering the benefits that come with using VRM as opposed to VRC. Either way, I'm sad that I can't participate now that phase 1 has ended - 'proportional' ICO distributions have never worked out in the past  phase 2 is too expensive ... the good deal happened in phase 1, that's why it sold out in 4hrs. There'll likely be a VRM dump when the phase 1 whales accept the reality that phase 2 isn't bringing in enough funds to see VRM moon anytime soon. This ICO was botched Phase 2 is almost the same price as Phase 1. VRC at 15000-18000 sat x 6 (phase 1) VRC at 8500-10000 sat x 10 (phase 2) Almost the same? Phase 2 is proportional, most people will get in on the latest day/hour. Its only almost the same if you buy at the current VRC prices and convert to VRM right away. Also if you expect the price to go up you want to send as little In phase 1 if I bought 6000 VRM I needed 36,000 VRC In phase 2 if I bought 6000 VRM I needed 60,000 VRC To same its the same price is a little misleading where talking in this example 24,000 VRC. Its like trying to put lipstick on a pig the price drop be happy  Is it to expensive time will tell the games were clearly stated before the launch so Im not arguing if its much or not... Im just saying that analogy of saying its at a great price cause the coin dumped in half is a shitty one. Unless the ICO organisers planned for the VRC price drop, the phase 2 price was designed to be a lot more expensive. I'd say the VRC price drop is because some long term supporters missed the phase 1 4 hour window and decided to move on, and I don't think that was planned. I agree, this ico has been managed poorly, and the market price of VRC supports that conclusion. |
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Where is the dev, has he disappeared?
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How are the forging pools catering to the ardor snapshots? Are they passing on ardor tokens?
No need for pools to redistribute ARDR. Because one of the great things about Nxt is that you can lease your forging power without leasing your coins. So the coins stay on your account and you get the ARDR to your account although you are leasing the forging power of your coins. Will the user who lease the forging power also earn ARDR in the distribution phase? Does ARDR is paid to all new coins from forging? There are no new coins in Nxt. Nxt has a fixed supply of coins (NXT). The coins gained by forging are the fees people pay to send transactions. The forging pools accumulate the NXT fees in their forging account, and that account will be accumulating ARDOR like all other accounts. Are the pools going to distribute the ARDOR? afaik the pools don't distribute NXT until users request payment of their share, so the pools hold some nxt on behalf of pool members. There is uncertainty here ... Yes, there is uncertainty, will the major pools be distributing the ARDOR to members, or will they keep it? |
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To everyone who already has iotas asking for exchange: stop, focus on growing the community instead. Setup bounties, start projects, DO SOMETHING. We can't micro-manage every single little thing in existence.
Bounties and new projects will grow when ico distribution is finished. Not complaining, but I can't setup or contribute towards a bounty until I receive my claim from David. it's early days Of course you can, this is an excuse I've heard several times but it makes no sense. Your iotas are safe, so of course you can start thinking about what you want to see for IOTA and then how much of your stack you want to forward to that cause. Ethereum had start-ups before the software was even in beta, IOTA people should take notice of that. Thinking about projects to support or start is all well and good, and many people will be doing that now, but funding people and projects with IOU's in the cryptospere isn't the ideal way, especially with so many scammers and impersonators around. People get into crypto in the first place usually from a desire to control their own money free from any middleman and counterparty risk. Completed distribution and exchange listing lubricates everything else IOTA is not meant for such things, it's meant for IoT, so the principles doesn't apply. Holders should be seeking out developers and then they can easily inform me of any arrangements whereby I would make it impossible for the person to scam. It's a non-issue. That arrangement (you acting as a third party to funding projects) is not going to suite a lot of people. most will prefer to wait until they control their own funds, and many devs will want to cash out to bitcoins anyway. I agree people can use you to avoid getting scammed in some circumstances, but for serious third party projects it's not a good option. Finishing the ico distribution and listing on exchanges is a pre requisite for the whole iota ecosystem to grow. I think many are waiting for them, and for the network to be larger and more reliable. Once that happens projects can breath and grow on their own. |
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