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Why should I buy 1 BTC of this coin instead of Mastercoin or Ethereum?  Compare the Valuations of MasterCoin and Counterparty. Counterparty has a working product. A Distributed Exchange and Ability to issue assets. Mastercoin has a distributed exchange but the assets and betting functionality is still being developed. MasterCoin Price: 34$ MarketCap: 21 Million Counterparty Price: 2$ MarketCap: 6 Million. (30% of Mastercoin) To me Counterparty seems undervalued relative Mastercoin. Ethereum - The concept only exists on paper and there is no working prototype till Q4 2014 (which might get further delayed). I'd go with Counterparty. |
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looks like interesting, but more like a scam!
I don't want to ipo.
Based on what? Have you even looked at the coin yet? I was firstly doubtful, but then after seeing their website and the IPO process on their site I invested immediately. |
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We have kept our identities unknown, mainly for privacy reasons. Please take a look at what we have posted first before prematurely making accusations solely based on the fact that we are offering an IPO.
privacy reasons? Unless you are Satoshi Nakamoto, there is no need for this. Are you planning on an escrow for the IPO? if there is no escrow, then you are a scammer, plain and simple. Come on that's bullshit, take it from me everyone. I'm part of the development team of an IPO based coin, escrow is an immediate priority. I've taken a look at EdgeCoin. All I see is a bunch of screenshots. Numus actually has a whitepaper, a professional video and website and what seems to be a great designer/design team. |
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i believe it to be a scam. if Anon136 releases the bitcoins before the blockchain is released, thats wrong. I also believe that Numus is betting on the fact that some people won't even bother with Escrow.
you guys have been warned.
I don't think that's what going to happen. I think most likely Anon136 will give users their coins when the actual wallet is released. |
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Do they do escrow at all?
Yeah I think Anon136 is providing the optional escrow. |
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Does it even exist? I had the impression there is not even so much as a proof of concept you can download and test, look at the quality of the code of and so on...
For example I see no github nor sourceforge nor gitian nor google code etc URL among the URLs you posted...
-MarkM-
It seems not, probably don't want others to steal their code. |
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So I heard about this coin recently and since I've been hooked on it. I've invested in their IPO myself and here's why you should too. 1) They have an Introductory Video - https://vimeo.com/89947268Which alt-coin have you EVER seen with an introductory video to even begin with? 2) They released a whitepaper - http://numus.org/whitepaper.pdfTheir whitepaper details every nook and cranny about the coin. They even have blueprints for a Decentralized Exchange 3) They have some really innovative proposals for features - ^^ In the whitepaper 4) Their marketing and website are top-notchI have never, seen an alt-coin with such a good website or marketing team to promote their coin as well as this. If you want to invest you can do so through their site : http://ipo.numus.org in or in their thread : https://bitcointalk.org/index.php?topic=543503.0 |
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Hey why not change to X11 or SHA-3 Keccak? I thought X11 was a bloated algorithm, but after doing some research turns out I was wrong.
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Hi there
I heard about this recently on overclock.net and invested in it today through your website. I registered here because I'm not sure whether I need to be a Bitcointalk member to receive my NMS.
If you also invested through the website like myself, then all you need is your Investor ID and Key I believe. |
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Why not keep the Lotto System? It would be the first of its kind.
Why not just rebrand it, under a new name so that w]people won't think of it as "gambling" |
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Invested 0.1 BTC in it, lets see where this goes
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Wasn't NXT the one that lied about how long one had to buy into the IPO, suddenly closing the IPO before its announced closure date, thus screwing maybe the vast majority of people who were considering buying it by closing the buying unexpectedly?
-MarkM-
The same one. |
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Too small percentage per annum with PoS...
A very high percenctage would discourage users from actually using the currency. |
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I've read the whitepaper, but the only thing that really concerns me is regarding the Decentralized Exchange. Though I see no current flaws in it, there may be ways to sort of abuse it.
In the end I see one of three ways abuse would be attempted:
1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS
2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS
3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.
3a) John declines (mutual destruction)
John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS
3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS
John and Jenny don't have any prior knowledge of each other. When posting the trade order on the exchange only the traders Numus addresses are shown (banking details are transferred once the payment has been initiated) thus anonomity is ensured. The network automatically links to two open trade orders from Jenny and John, so they have no possible knowledge of each other besides their Numus address and thus no prior incentive to scam each other. Okay thanks for the answer |
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The way I see it is that John and Jenny don't know each other since only their addresses would be shown. Therefore there would be no reason for them to stab each other in the back.
[emphasis added] This actually tends to have the opposite effect. How so? If anything it should decrease the effect. |
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I've read the whitepaper, but the only thing that really concerns me is regarding the Decentralized Exchange. Though I see no current flaws in it, there may be ways to sort of abuse it.
In the end I see one of three ways abuse would be attempted:
1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS
2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS
3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.
3a) John declines (mutual destruction)
John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS
3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS
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Okay I've read the whitepaper. The only thing that really concerns me about the Decentralized Exchange is that though I see no current flaws in it, there may be ways to sort of abuse it.
In the end I see one of three ways abuse would be attempted:
1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS
2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS
3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.
3a) John declines (mutual destruction)
John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS
3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS
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Love your marketing. Will be investing pretty soon.
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