I think there is not enough upside being an early-bird investor, 20% more for placing blind faith investment is just not worth it. But, to be honest, I only invested because I thought most people would wait for the second round  most people came to the same conclusion, leading us to here. So in that context its fair we made our bet now we cant cry about it. im not so concerned about upside. im mostly just concerned that there isn't a downside to it. as long as early birds don't receive less eXo/btc than i think everyone ought to be happy. |
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im glad we decided to go with a common sense interpretation of the agreement rather than an overly literal interpretation.
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How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
wtf? I think the real question is; How hard is it to write a different troll post for your different troll accounts on BTT? i just wanted to immortalize it before he noticed and deleted one of them  |
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How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
wtf? |
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thanks guys.
and its something called heavyCoin
Expect the next ipo buzz, lol  i hope i dont go down in history as the guy who killed bitcoin  |
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so someone sent me a message asking if i would do escrow for another ipo and what my price would be. i told him 0.02btc per transaction or 0.9% which ever is greater. He thinks that's over priced. What do you guys think? does that seem over priced?
no) what other ipo?? thanks guys. and its something called heavyCoin |
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so someone sent me a message asking if i would do escrow for another ipo and what my price would be. i told him 0.02btc per transaction or 0.9% which ever is greater. He thinks that's over priced. What do you guys think? does that seem over priced?
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wall of text
Ok. so then it is just like a coin transaction pretty much. You can choose to pay a higher fee for faster more assured processing. or a low minimum fee if you aren't in a hurry. I like that. I was wondering if there was something that anchored the NXT currency to the asset exchange. If some one could create an asset for a creation fee and trade that asset freely that would kind of be bad for network as people could bypass the base currency once they created the asset which could lead to fewer fees for running the network. So there would be no fees between trading parties (unless they wanted them) but a fee to the network. Which requires all asset traders to be vested (at least somewhat) in the base currency, thus adding more demand and more value to the base currency. Dammit that is smart. You got it exactly right. |
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The title pretty much sums it up. This thread is for discussing any aspect of or related to the NXT decentralized asset exchange. TestNXT instructions:1. See CfB's post here. 2. Create testNXT account here: https://holms.cloudapp.net:68753. DO NOT use your main password account; create an account by using a new, unique passphrase. 4. You can download fmiboy's AE-enabled client here: https://bitcointalk.org/index.php?topic=345619.msg5084677#msg50846775. Ask for testNXT in main thread or here; include your testNXT account number. 6. HAVE FUN! Some links:http://www.nxtcrypto.org/nxt-asset-exchangehttps://bitcointalk.org/index.php?topic=345619.msg5054385#msg5054385http://wiki.nxtcrypto.org/wiki/Nxt_API#Asset_exchange_operationsA brief explanation of decentralized exchange:Exchanges like nxt, ripple, and mastercoin work with an idea called colored coins. So with a bitcoin any one bitcoin is the same as any other bitcoin. They are what we call fungible. Colored coins are intentionally not fungible. They are intentionally distinct and different from one another. Colored coins have a value attached to them. So for example, speaking in abstractions here, a colored nxt may have the value attached to it of "Nxtsky promises to pay 1 btc to who ever sends him this token, signed nxtsky". Now that token can be traded on a market. Lets say betty wants to trade litecoin for bitcoin. She sends litecoin to "hanks litecoin gateway" with a message attached "bettys nxt address:blablabla". Hank will issue "X hankLTCTokens" and sends them to bettys nxt address. Betty uses these to fill the highest bid for on their orderbook thus gaining nxt. Next betty uses her nxt to fill the lowest ask on the orderbook for nxtskysXCPTokens. She sends her nxtskysXCPTokens to nxtskys nxt address with a message attached "bettys xcp address:blablabla". Betty waits for the xcp to arrive. its obvious to most at first the disadvantages of what i just described. Its very complex compared to sending your coins to cryptsy but this is the cost of decentralization and decentralization comes with its own rewards. at some point in the future you will not just be buying any old random token. You will buy the ones issued by the guy who lives down the street so you can go there and pick them up in person. So, basically this feature allows some one to generate a token on the NXT network that represents a Bitcoin or a Litecoin or essentially any commodity. Attached to these generated tokens is a "promise to pay" which give them value. These tokens can then be exchanged through the network. Is the exchange that you describe incorporated into the feature? a user can create a token and place it on the market for open bidding? Is that the jest of what you're describing? Are these tokens divisible? Can they be generated in sets? Is the exchange to be part of the client? Sorry to hit you with so many questions:) Is there some place to find this info? I find this to be a fascinating idea. my understanding is: yes, yes, yes, yes, yes, yes, yes, yes, yes, yes. (i think i counted the number of questions right ) idk what would be the place to find this info. this thread i think would be the best place. try playing with the test client, that'll help i suspect. Hi again. I have been screwing around with this feature for a while to today,(mostly reading and watching vids about the topic) I tried your suggestion about using the test version but I am limited by my knowledge of computers and couldn't get the test client to work. I have found out a lot and while I would like to try out the test exchange, I think I have a decent understanding of the feature, so thanks for the help and info. I do how ever have a few more questions about the client that I wasn't able to find info on. Once the exchange is operational there will be two clients, one for Forging coins and sending and receiving coins and then another for the exchange, Is this correct or will the exchange client incorporate all of these functions in one client? Are transactions that are done through the exchange processed on the same block chain as the currency? And are there fees associated with exchange transactions and If so how do they work (paid in currency or paid in the exchanged asset or some other way?) I realize you are busy, so if there is a link you could suggest or a source of info that might help.....at any rate any info you might give would be appreciated and maybe answer someone else's questions as well. And thanks again. Transactions in the decentralized exchange are processed on the same blockchain as the currency. Yes there are fees, just like bitcoin you are bidding for inclusion, but probably there will be a hard coded minimum to prevent spam, probably it will be 1nxt or 0.1nxt. fees are payed in nxt. I am not sure I fully understand what you mean by "bidding for inclusion". Let me sum up what I think you mean and you tell me if I am on the right track. The fee is applied at the generation of the asset and the total fee is based upon the demand for the generation of the asset. Kind of like the alias feature; If two people want the same alias, high bidder wins. So if you create an asset that is unique then you would only be charge the coded minimum fee. Sound close? if my understanding is correct or close to correct, Then there are no transaction fees(i.e. fees for trading assets). Is that so? I have been playing with the feature but haven't really got to use it yet. I tried to create an asset and was denied because I had insufficient funds (no TestNXT). Overall I think it is a pretty awesome idea. I would like to see "Last Trade" pricing added to the main index of assets, and possibly index categories (So someone who is in the market for currencies could index only those types of marketed assets and not have to wade and search though other types of assets on the exchange), but those are just ideas for future upgrades. It will be pretty bad ass as it is once it is up... and it is really exiting to imagine what it will be. Thanks for the info on this topic. Ok so yea there is a fee for generating an asset, thats separate from what i mean by bidding for inclusion. So when ever you send an asset from one person to another that transfer must be included in a block. that block has limited space and the author of the block gets to decide what transactions make it in a which don't. a rational self interested forger will put in the transactions that pay him the most first and leave out the ones that pay him less if the demand for space exceeds the supply of space. this is what i mean by bidding for inclusion. yes i agree it is very excited. it could change the world in profoudn ways. you are welcome. |
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It isn't clear to me whether, or until when, first-stage investors can pull out for a full refund. Has this been clarified by the dev (for any case other than the project completely failing to launch)?
If you are with escrow you can pull out even just one day before the launch It's still your money if it is in the hands of an escrow Can dev and/or Anon136 confirm whether use of escrow gives me some get-out option, even if dev delivers 100% on his promise? It does. You may opt out for any reason you wish or even with out any reason at all. However i will not speak to the morality of backing out even if he delivers on all of his promises, that's for you to decide. Can I buy his early investment? that is a very interesting question. i'm going to have to say no. i don't think its a good idea to complicate things at this time. generally though its better for all party to have a market than not have a market in a given good so something to consider for the future. |
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is anyone here experienced with cad? does anyone know anyone who is experienced and talented with cad?
Off the top of my head, try gvans who produced the amazing NXT monolith. thanks evildave. you dont seem as evil as your name implies. |
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is anyone here experienced with cad? does anyone know anyone who is experienced and talented with cad?
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It isn't clear to me whether, or until when, first-stage investors can pull out for a full refund. Has this been clarified by the dev (for any case other than the project completely failing to launch)?
If you are with escrow you can pull out even just one day before the launch It's still your money if it is in the hands of an escrow Can dev and/or Anon136 confirm whether use of escrow gives me some get-out option, even if dev delivers 100% on his promise? It does. You may opt out for any reason you wish or even with out any reason at all. However i will not speak to the morality of backing out even if he delivers on all of his promises, that's for you to decide. did terms of escrow as described by OP allow for pulling out? I would think that unless specific terms were in there allowing bailing out, that a REAL escrow service would hold the funds until "eXo was sent", then would disburse the BTC to OP. This is the definition of escrow. And when I use the term "eXo was sent" I would expect eXo to be sent directly to purchaser, not through escrow service, since escrow service can check blockchain to see that eXo was sent. Also by the term "eXo was received" the eXo I refer to BETTER had some advanced features available to make sure we can tell the eXo product isnt just some closed source clone of existing coin. ok so i still need as clear of an answer as possible on this point. So I will not interpret anything and only release funds if that is what my customers wish. Do you agree to these terms?
my understanding from what you wrote is that these terms are agreeable but in my line of work clear cut yes or no's are very important. alright than just one word as answer: yes |
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I don't get the whole pool thing? Is it possible now to lease your forging power without sending out all your nxt?
Not right at the moment - but it soon will be. This will actually make it possible via the use of an AT (Automated Transaction or "Turing complete transaction") to create yourself a "savings account" which after being created won't even require you to have your computer on to earn extra NXT (depending upon your stake of course). I assume this will be implemented by the community if nxt devs don't do it.. so yea. A real problem right here. It's the perfect environment to build and test the first DAC's. Rather than having a service provider wield peoples hashes, this is the sort of thing that could all be handled by open source code running on the block chain *relatively* easily instead. |
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It isn't clear to me whether, or until when, first-stage investors can pull out for a full refund. Has this been clarified by the dev (for any case other than the project completely failing to launch)?
If you are with escrow you can pull out even just one day before the launch It's still your money if it is in the hands of an escrow Can dev and/or Anon136 confirm whether use of escrow gives me some get-out option, even if dev delivers 100% on his promise? It does. You may opt out for any reason you wish or even with out any reason at all. However i will not speak to the morality of backing out even if he delivers on all of his promises, that's for you to decide. |
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@Anon136 i didn't see my fund in eXocoin investment list
since you are infact in my spreadsheet MsCollec 0.4945 BTC 28aee30e0362fd4e88bdfcc64cd24255853fba11413507fcc0b607e566d6843a 1AaCwZweeYQgtiBD2JctVT9k5LwQ6BM6pZ 0.5045 BTC you would have to talk to exo_coin about that. TO EVERYONE ELSEplease check the investment list to make sure your investment is listed. i am human and exo_coin is (presumably) human also. humans make mistakes.Hi Anon136! I am not in the list in the http://exocoin.org/index.php?s=investments too. Can you please check that I am in your spreadsheet? Thanks in advance I'm also (we're) not on this list, because this is not the updated list from the eXocoin team. But where is the "anon spreadsheet list"? Can't find the link. some people wished to keep their names private so i cant share the list with everyone |
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@Anon136 i didn't see my fund in eXocoin investment list
since you are infact in my spreadsheet MsCollec 0.4945 BTC 28aee30e0362fd4e88bdfcc64cd24255853fba11413507fcc0b607e566d6843a 1AaCwZweeYQgtiBD2JctVT9k5LwQ6BM6pZ 0.5045 BTC you would have to talk to exo_coin about that. TO EVERYONE ELSEplease check the investment list to make sure your investment is listed. i am human and exo_coin is (presumably) human also. humans make mistakes.Hi Anon136! I am not in the list in the http://exocoin.org/index.php?s=investments too. Can you please check that I am in your spreadsheet? Thanks in advance ive got ya right here wizzardTim 1.4865 BTC 8e2c48a9fd84bca93a3e1d6379fffe8cf85fb992962ced6d45b8bb0718ed7aaf 15prRGqRvQckN7dQjqA18H1uy4e1ruiBrh 1.5 BTC |
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@Anon136 i didn't see my fund in eXocoin investment list
since you are infact in my spreadsheet MsCollec 0.4945 BTC 28aee30e0362fd4e88bdfcc64cd24255853fba11413507fcc0b607e566d6843a 1AaCwZweeYQgtiBD2JctVT9k5LwQ6BM6pZ 0.5045 BTC you would have to talk to exo_coin about that. TO EVERYONE ELSEplease check the investment list to make sure your investment is listed. i am human and exo_coin is (presumably) human also. humans make mistakes.@Anon136, I did not see my funds on the list,so pzl DO NOT send my BTC to eXocoin without my permit. Thank you. i wouldn't dream of it |
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Ok guys,
104 BTC invested so far. That means about 144,000 per BTC. And we still have one whole day until the end of the first round.
What does this mean to you all? Is it worth getting into all of this if we consider that this is a real deal and not a scam.
Also what happens in 2nd and 3rd round? Do people that invested in 1st round also get coins in 2nd and 3rd round?
Thanks
It starts indeed being questionably interesting, but the dev will probably agree to tweak the numb of coins distributed, and maybe reduce the amount of rounds from 3 to 2, we'll see what he thinks. Also, you can re invest in the other rounds, but you won't get coins because you invested in 1st round. i hope that he will atleast tweak the numbers enough to make sure that round 2 and 3 investors are not compensated more than round 1 investors. if worse comes to worst just combine all three into 1. Maybe he could distribute 15% for now, and regive us some if the second and third rounds are actually "better"? I don't know, I would just do a 20% then 10%, even 25% then 5% at this point, but maybe i'm biased since i'm investing now - we do take a huge risk though, since there is not white paper, code lines, delivered yet, and you made the same mistake as OP, which proves this is all a scam (just joking, in case someone new arrives here) It seems like the orders have slowed down since instacash pointed that out. To be perfectly honest im grateful. Trying to keep up with that pace was running me ragged. namjar 1 BTC d7cfcf168e9aa77402b517d03ee38ee8458bd33ebb9db2e30be432c6ceb8007c Scott J 0.25 BTC 2c2f6164ea45d320f339a5ad6872199ab5e130dd78a59c665e359e1720aad38d CryptKeeper 1.5BTC fead9dde00eca1b8c11dd869c47c600205c973ac57adc55ea90d60666aa4d48d @Anon136: I'm not on exo's list, please check! you are on my spreadsheet CryptKeeper 1.5BTC fead9dde00eca1b8c11dd869c47c600205c973ac57adc55ea90d60666aa4d48d 1K95vMyMgnood77gRguXHgrPyZ4dF152Qg 1.5135 BTC |
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idk what you want me to do. that isn't my address. *edit* oh wait are you saying that you want to buy in after the deadline since you made a mistake? with a new transaction? |
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