Looks that james is going to baghold most of his own assets soon  LOL, seems to be the case! And I assume most of the scamnet money will flow into BlockNet and hopefully some into BitSwift as well. stealthcoin 1 trillion satoshi am i right   |
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@doug What would I want to buy in a decentralized market place ? hmmm Cloud storage, domain names, memberships to anon sites (Whole new opportunity for people to sell stuff), organic homade food, and many some special brownies  . This is just to start. exactly - supernet will provide a decentralized exchange for everyone and with openbasar and other projects it wont be hard to include a decentralized marketplace into supernet for every coin. and has freemarket as a decentralized marketplace |
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Decentralized exchange? But people could sell drugs weapons and child porn there altcoinuk
Altcoinuk, im sure you have no technical knowlegde or what ever.
all you can say/repeat is blockchain 2.0 and decentralized exchange/marketplace.
there are dozens of these projects which will be finished soon.
it would make zero sense to start developing it for vrc now.
do something that is unique and innovative.
The cloud storage industry is rising with exponential growth - there are studies that show a 200+ billion marketcap by 2018
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Wow, the network weight is only like 52K. There must be a lot of less people staking, or either they have their coins on the on the exchanges.
45k now, including my weight. Saw your message and opened up my laptop to stake do you earn more when the network stake is lower? You should only stake faster but the amount is still 5% per year. though you will get more transactions fees and compound interest - so in the end you will get more |
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you are asking why people would use decentralized cloud storage instead of centralized clouds owned by company x? why the hell are people using bitcoin? child pornography, body parts,organs and slavetrade, the same thing you can get with bitcoin right now in the darkweb i guess (atleast i assume after reading your and lupins post - what the heck are you people doing on the internet  ) sorry barabbas but these are all strawman arguments.... Wait a minute, are you trying to say that people use the internet ONLY OR MOSTLY for illegal activities such as the ones mentioned? Or to purchase stuff like that with Bitcoins? I surely must have misunderstood you there... Regardless, the point is that, since going in the direction of DECENTRALIZATION, doesn't bring VRC ANY benefit whatsoever, why do it? Simple enough, isn't it? Not in price, not in innovation, none whatsoever. On a personal note, since you asked, I use the internet for everything, from research to communication, from shopping to promotion, from entertainment to trading, from news to political activism... Everything. Everything LEGAL. I don't have ANY use whatsoever for the "darkweb" nor I want to be involved with it in any way, shape or form. And I use BTC all the time for trading and, for instance, to purchase stuff from Overstock.com, but mostly as a -so far quite misguided- storage of value... Now you have piqued my curiosity, what do yo do on the internet? see thats exactly my point - the majority of users are normal people like you and me, they dont do illegal stuff. the same reason why bitcoin will succeed even though you always hear the argument that it is a drug/darkweb currency. decentralized cloud storage is very innovative if it can be as or more efficient then centralized solutions and on top of that you have the transparency that there is nobody spying on you. this will be especially important for companys (economic espionage). But before you call me out on hyping something, the code will be opensource and by then we will know for sure if it is a "game changer" or not. for example, i know of 3 projects with the goal of a decentralized cloud storage, but theres not much (visible) process going on, eta 2015+. they have together several millions in marketcap - there is for sure interest in decentralized cloud storage. |
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you are asking why people would use decentralized cloud storage instead of centralized clouds owned by company x? why the hell are people using bitcoin? child pornography, body parts,organs and slavetrade, the same thing you can get with bitcoin right now in the darkweb i guess (atleast i assume after reading your and lupins post - what the heck are you people doing on the internet ) sorry barabbas but these are all strawman arguments.... |
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thanks for posting, great article although the last part the author mistook the atomic asset with the actual atomic coin - i will forward it to them |
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stapp, please let the small fishes get something to eat too  |
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Hi ciyam,
i think this project should interest you.
Atomic is developing a method for cross-blockchain transactions without the need of changing code for the respected coins.
/edit
sorry, didnt meant to hijack your thread for advertisment
i though it was related to your OP
if you have time you should read the documentation, there will be several steps to secure the system is trustless.
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I just got official word from jl777, VeriCoin is part of the SuperNET core! We are currently building SuperNET integration into the wallet and working on a special feature for SuperNET with jl777! Details of this new feature to follow further development.
You have already talked about that "special feature" -by "you" I mean Nosker-, the "cloud storage", right? No wondrr market is blase about it for while cloud storage is an obvious need now and in the future, with every single major player from apple and microsoft to oracle and google offering it for free or for peanuts, it is hard to imagine such a feature being in any way shape or form "special". Surely James has something else up his sleeve, right? as far as i understand it is actually very special. every cloud-storage solution we know of today is centralized, but this project will be decentralized. if it works i can see that it can be more efficient then known cloud storage solutions. |
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CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes?? How is the XC exchange rate calculated? ? No. The Blocknet Foundation keeps the coins to fund development. No coins are dumped. This is in the FAQ under the OP. Are the coins held in escrow...or will they be sold off slowly over time? They will not be sold off at all. They will be used to pay for development. We're looking at ways to hold the coins in escrow, though trusted third parties seem a little thin on the ground. Check out the FAQ below the OP for more info on how we'll handle the funds. Isnt that a contradiction? If you hold the coins how can you pay devolopment? Btw. will all code regarding blocknet be open source? Because as far as i see XCurrency is closed source? From what I've read the XBridge tech will be open sourced. Yes the XBridge protocol will be open source. As for selling off coins: it's not a contradiction. - We're not selling off coins - We're paying developers with them. This doesn't require selling them, it just requires paying developers with them. So we're not selling off coins. There will be no dumping of coins. yeah i though so, that would make sense - even though i guess that the coins will be sold in the end to get money in. (im not talking about dumping, just a legit question what will happen with the coins) |
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CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes?? How is the XC exchange rate calculated? ? No. The Blocknet Foundation keeps the coins to fund development. No coins are dumped. This is in the FAQ under the OP. Are the coins held in escrow...or will they be sold off slowly over time? They will not be sold off at all. They will be used to pay for development. We're looking at ways to hold the coins in escrow, though trusted third parties seem a little thin on the ground. Check out the FAQ below the OP for more info on how we'll handle the funds. Isnt that a contradiction? If you hold the coins how can you pay development? Btw. will all code regarding blocknet be open source? Because as far as i see XCurrency is closed source? |
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hello,
two quick questions:
1. What will happen with the money collected from the ITO? Will it be spend for development? If yes, what will be developed?
2. Is there a rough timeline or date when blocknet will "go online"/start to work?
greetings
criptix
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So litecoin and doge are no clones either? Much innovation so unique  |
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the wealth of the 1% richest people is >110 trillion $. (btw this is much more then the poorest half of all people on this planet have)
so if 1% of the richest put 1% of their wealth in bitcoin we would have a market cap of >1,1 trillion $ just by being a store of value.
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Agree on the title, buy now or miss the boat.....
And you have missed the boat, I bought btc two and half years ago. Didnt buy enough i guess or why so butthurt?  |
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...  snip Best of luck to you guys in whatever you plan to do with the BTC you collect from your dump. funny... wall has been up for 12 hours and no one is selling i doubt there will be any. all these people fudding have an agenda and i can promise you guys its not an altruistic one. keep checking background information and your due dillegence - some people are here just for the money and dont flinch from manipulating and scamming to get it. some are more literate, smart and eloquent then others and sometimes it is hard to distinguish between truth and lie, but never lose your due dilligence! crypto is here to stay and i believe vrc has a great position when crypto will archieve mainstream adoption. |
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you guys have to see if 1 million merchants are accepting, it wont take long until the merchants themself will hold bitcoin and trade via bitcoin.
selling pressure exist because merchants exchange btc to fiat, but if there producer start to accepting bitcoin the circle of a real currency starts.
-> increasing adoption
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So wait, the NAV is linked to the value of the core coins? And what was the average price most people bought into the SuperNET at?
AND he's allowed to use 1% of the funds raised as a wall UNDER the price people bought in at (which is actually more than 1% if he doesn't adjust for the decline in the assests values).
What then? Does he resell what he just bought at a higher price, or get to keep it to hoard more of the dividends.
Wow, no wonder he's dumping everything so hard. I was wondering what he was up to.
James cant dump anything because he has no control over 99% of the funds and the 1% (at ending of the ico ~57 btc, it is way less then he put in supernet himself) he controls are for marketing, bountys etc regarding supernet. 99% of the ICO funds are in (multisig) escrow!No. It isn't backed by anything. That implies that at any time you can trade your SuperNET assest for a certain amount of the core coins that are apparently backing it. Yes. We are talking about the supernet's value and how people seem to think it's backed by the core coins. See above. drkman and myself were talking about how supernets value is backed up by the value of the core coins and the assets that supernet holds. you are the only one talking about a financial reserve of a currency. Wow. That's some great liquidity in those markets. What is that about $12 worth that a few of you can sell for? Meanwhile UNITY has dropped what? 20%?
What do you mean? On the first two weeks there was great volume, everyone could have sold and buy, even now with the situation of btc it has a good orderbook. Where are you getting 2% from. You received 15000 and 50000 each? alone neodice asset was ~1,5% worth with supernet valued at 200 nxt. That is the sum of all assets distributed to supernet assetholder. next one please 8 10 activity fud newbie |
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what the fuck. 1 day gone and btc didnt move an inch. are aliens or/and reptiles manipulating btc again? |
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