Why is crashing so hard the xcp value? on bter it went down like 30% in one day already.

Good point, but the asset burning feature didn't exist until recently so we couldn't include it in the plan. With any rapidly evolving technology set it's a bit difficult to have a single plan that we stick to. Among other things that's why we have open discussion and voting mechanisms for anything that isn't clear cut.  In this case, it might make sense to lock (or even burn) part of the Swarm reserves as well until the future fundraiser. I'll discuss that with the team, but it makes sense to me to have some kind of locking mechanism.

Looks like we sold about 9,587,746 SWARMPRE, so that's how many SWARM will be distributed. The remainder of 14,412,254 will be burned. As for future rounds, there is no immediate plan to do one and we will only consider doing so once we have a prototype platform that has some initial traction and needs more funding to scale.

68,000,000


8,000,000

Correct. We haven't made any specific promises with respect to our giveback model since, among other things, it is legally problematic. Generally speaking we encourage people to think of the first iteration of Swarm as a crypto-kickstarter with some cool perks of not particularly clear monetary value rather than an investment.

Do you have an ETA for

- first platform prototype (already in beta?)

-SWARM distribution to SWARMPRE holders

So, we do have an opportunity here.

- Keep the reinvestment % as it is now.
- Every week, Cryptx places a buy order on havelock for all available mined btc of the week, at that day market price.
- All purchased shares get destroyed and taken out of the market.

Short term benefits:
1. Less shares means more mining power per share.
2. Less shares means more dividends per share.
3. Less shares on the market means more demand for a good product/investment.
4. Weekly purchase/buy orders means less volatility of the share price.
5. Weekly purchase/buy orders means more opportunity to cash out from investors who prefer to leave.

Long term benefits:
1. Cryptx re-buys all available shares and can fade out this project naturally.
2. No need to buy/sell mining machines. Hashing power per share increases every week.

Cons:
1. ...it is a long term dead sentence for this project.
2.

Some numbers:
Last week we increased our reinvestment fund for 8.768 BTC. At current market price it means 1250 shares that means 4.3% of all available shares.
The whole reivenstment fund (total) is currently at 68.72 BTC. At current market price it means 9800 shares that means 33% of all available shares.

"If":
A- if no one wants to sell their shares at current market value, instead of holding our reinvestment fund somewhere, doing nothing, there will be a buy order on havelock (wall).
B- if the share price increases (!?) next week reinvestment fund will create a new buy order at a higher price (higher wall, backed up by the previous one).
C- 33% means increasing immediately our dividend, hashing power per share, by the same percentage (not counting the difficulty increase of alt currencies we do mine).
D- Spot decisions could be made with voting to remove old buy orders from havelock and use those funds to purchase more machines or place a new buy order ath the new market price (or even to distribute those funds to shareholders).

Please let me know if you find more cons (for sure there are, but I cannot think about them now... ).

cheers!

In Counterwallet there are sales/purchase orders of SJCX with BTC.

Is there a problem to buy or sell before the end of the Crowdsale?

Can I mix the SCJX gained in Crowdsale with the purchased in Counterwallet?

Nah better good Reinvestments ! GOOD Ones.. are they really pros? Why buy this overpriced A2 Miners?

There are plenty companies giving better miners for less money + we have a strong buying power with 100 BTC

Contact for example Gawminers and get some Warmachines for half of the price than A2 ... ! Or wait for Vaultbreaker or wait buy KNC whatever but A2 overpriced? Really you can throw out our Reinvestment fund out of the window...

But yeah here is no dialog with Scrypt X and I really thing Scrypt X should invest 5 BTC in a Community Manager to get this thing going up again.

Cheers

So, we know something new from Cryptx? Any reinvestment? Is our reinvestment fund sitting there doing nothing? Can't we use it to purchase cheap shares and get them out of the total amount of avilable shares (increasing div)?

Hi guys, we've put a preview of the upcoming version (1.4.0) on https://cw03.counterwallet.co/ ... feel free to log in and give it a spin. Please report any bugs you find on the forums, on the skype chat, or to our github bug tracker.

Specifically, the main new functionality is the new dex (under Exchange) and the offline armory signing feature (under Create New Address...a tutorial for this will be forthcoming before release).

Please note that your preferences may not all show up correctly on this server, as it's running an older version of user preferences, as it's just for test. If you use an existing wallet, just ignore it if your addresses are named the old names, or not all of your addresses show by default (you can just click on Create New Address to add the rest of them). Changes to either address names or # of addresses created here will not affect your changes on the production counterwallet.co

EDIT: Also, please avoid being logged into the same wallet account on both this server and the production server, if you are making dex orders of any kind. This is to avoid any automatic BTCPays from happening multiple times.

So basically, once the IPO is over, those who participated can start selling their HD space? I can basically buy a few external HDs and allocate the space to the Storj network?

I want to buy storj but not use the counterwallet, is it possible?

i don't understand xcp exchange i tried to fill my whole order there and had only half going through (i set it up for 6000swarmpre/btc if i remember well); so i purchased the other half on swarmcorp. well at least i made that btc count go higher

I don't know how much swarm there is for sale (since I can't really understand the market's order book at counterparty.co), but I've purchased half of my swarm at more than 7000swarm per BTC from counterparty.co..  which is about ~30% cheaper than buying directly from swarmcorp.com.

a9e13	a day ago	0.00225225 XCP/SWARMPRE	888 XCP 100%	20,000 SWARMPRE 100%	In 725 blocks
80751	about 24 hours ago	0.0022 XCP/SWARMPRE	495.55555556 XCP 99%	11,199.55555566 SWARMPRE 99%	In 805 blocks
12801	about 7 hours ago	22.50541437 XCP/SWARMPRE	22.2574 XCP 100%	500.9120098 SWARMPRE 100%	In 923 blocks

cc046	about 15 hours ago	0.0803133 BTC/SWARMPRE	0.10755616 BTC 100%	0.00863819 SWARMPRE 100%	In 882 blocks	0.00107558 BTC 100%
b6806	7 days ago	0.6 BTC/SWARMPRE	3.3125 BTC 95%	20,111.60714286 SWARMPRE 95%	In 1861 blocks	0.001 BTC

How..  can you know?   I don't know what I'm looking at..   Where do I look to see the market prices ?

Very odd. This is a known bug in the styling but it has been fixed yesterday. Could you try refreshing using Shift+F5?
If the bug still is there, I would like to know what operating system you're on, and the exact chrome version (see menu->About Chrome).