Why do you ask? Don't you want to use exchanges?
Not sure what you mean here. |
|
|
|
a unique feature of supernet requires that unique feature to work,
But your question specifically i read as "do the unique features need only mgw or coinomat to work" no, unique features are independent of supernets other features
Coinomat is a unique feature, so you select coinomat if you wish to use it
mgw is a unique feature, so you select mgw if you wish to use it
Pangea poker is a unique feature, so you select pangea poker if you wish to use it
Opal drive is a unique feature, so you select opal drive if you wish to use it
Instantdex is a unique feature, so you select instantdex if you wish to use it
NeoDice is a unique feature, so you select neodice if you wish to use it
Etc
I see. So I can use Pangea Poker, Opal Drive, InstantDEX, or NeoDice without using either Coinomat or MGW? |
|
|
|
Yes, supernet works without mgw or coinomat.
It still has basic wallet functions. Ie: you can send and receive, bitstar, you can send receive bitcoindark, etc
But the unique features of SuperNET require Coinomat or MGW? |
|
|
|
SuperNET is built on Nxt. The SuperNET wallet is basically a pimped Nxt wallet.
MGW forms an important part of SuperNET, since it's part of the exchange system.
Can SuperNET's exchange system be used without MGW? Good question. Yes and no  SuperNET is not just one thing. So there are different exchange services and elements within it. You can use the Coinomat instant exchange plugin, for example, which obviously doesn't use MGW. It's centralised, but very fast and effective. If you want a distributed exchange that's not subject to the kind of problems BTER periodically experiences, MGW is the way to go. InstantDEX involves MGW (I think, I'm still getting my head around the exact relationship between them, even after James drew a graphic). Ultimately, for all the behind-the-scenes magic, SuperNET's native InstantDEX/MGW will be used. So maybe SuperNET requires using either Coinomat or InstantDEX? I know InstantDEX can use coins in a centralized exchange instead of using MGW. InstantDEX will have hybrid order books, which will allow you to gain the best price from a range of exchanges. SuperNET's native exchange is the distributed MGW. I'm still not clear on if SuperNET can be used without a centralized/distributed service like Coinomat or MGW. Please chime in if you know. |
|
|
|
SuperNET is built on Nxt. The SuperNET wallet is basically a pimped Nxt wallet.
MGW forms an important part of SuperNET, since it's part of the exchange system.
Can SuperNET's exchange system be used without MGW? Good question. Yes and no SuperNET is not just one thing. So there are different exchange services and elements within it. You can use the Coinomat instant exchange plugin, for example, which obviously doesn't use MGW. It's centralised, but very fast and effective. If you want a distributed exchange that's not subject to the kind of problems BTER periodically experiences, MGW is the way to go. InstantDEX involves MGW (I think, I'm still getting my head around the exact relationship between them, even after James drew a graphic). Ultimately, for all the behind-the-scenes magic, SuperNET's native InstantDEX/MGW will be used. So maybe SuperNET requires using either Coinomat or InstantDEX? I know InstantDEX can use coins in a centralized exchange instead of using MGW. |
|
|
|
SuperNET is built on Nxt. The SuperNET wallet is basically a pimped Nxt wallet.
MGW forms an important part of SuperNET, since it's part of the exchange system.
Can SuperNET's exchange system be used without MGW? |
|
|
|
Can't anyone answer those two very basic questions? Will SuperNET run on NXT and will it require using MGW? Doesn't seem out of line.
I think the answer you are looking for is some of supernet uses nxt to run. And mgw is optional. If you dl the jay lite client you'll notice an advanced setting. Advanced takes you to what appears to be a regular nxt wallet. Supernet wallet could be thought of as some extra features of nxt but there are features that dont use nxt. Mgw is a feature you select so id imagine it is optional. Someone more knowlegeable jump in here if im off base. Can anyone confirm that SuperNET functions without MGW and without NXT? |
|
|
|
Also note that you can both long and short which means you can profit off of any direction.
What are you left with if you open a short position and you never close it? |
|
|
|
|
Can't anyone answer those two very basic questions? Will SuperNET run on NXT and will it require using MGW? Doesn't seem out of line.
|
|
|
|
|
I'm trying to understand SuperNET a little better. It will run on NXT? Does it require using MGW?
|
|
|
|
No, it's not profitable. Better invest your hard-earned money on something fun like hookers or cocaine. Same ROI.
You can only make money trading if a) you're gambling with other people's money or b) you have access to priviledged information (this is called inside trading and is highly illegal) and/or can exploit order flow (a practice called "front running", which, like insider trading, is also in violation of every securities law on the planet).
I guess there's also option c), which is the investment equivalent to Russian roulette. Imagine 10,000 monkeys throwing darts at a candlestick chart; with enough market participants, a random simian millionaire is bound to emerge from this twisted economic experiment.
It could be different in my case because I wouldn't mind holding more BTC long-term. Assuming the price of BTC is going up long-term (which is a belief of mine), how could I lose? |
|
|
|
According to newsletter 16, JAY shares have been distributed in this way:
7.5% to SuperNET investors.
7.5% to NXTventure investors.
5% to JLH.
40% to SuperHODL.
30% to developers Jones (20), btcddev (10) and longzai (10).
Can I do anything about shares I didn't receive from Poloniex and Bter? BTW, what about the other 10%? |
|
|
|
I've been watching the BTC price for what seems like forever. Coinbase charges 1% in fees. I figure if I can (for example) buy at $225 and sell at $228, then I've made over 1%. It doesn't sound very hard. I will have my coins instantly if I register my credit card on Coinbase, right?
EDIT: Plus then I get to spend more time reading the hilarity scrolling up the BTC-e trollbox.
this is what i was thinking before i started trading. i though it is easy an i simply buy low and sell higher (with considering fees) and i will profit. but in action it is much harder than that, specially in a long run. anyway i figured out that bitcoin market is not meant for me so i went to altcoin market and it was good for me so far. but i still have much to learn. I'm coming from the other direction. I know the altcoin market well but lately I've been wondering if I'm neglecting BTC. Were you trying to make multiple trades per day? I'm thinking more like swing trading (although I said day trading before). |
|
|
|
|
Are the privacy features of BTCD working?
|
|
|
|
I've been watching the BTC price for what seems like forever. Coinbase charges 1% in fees. I figure if I can (for example) buy at $225 and sell at $228, then I've made over 1%. It doesn't sound very hard. I will have my coins instantly if I register my credit card on Coinbase, right?
EDIT: Plus then I get to spend more time reading the hilarity scrolling up the BTC-e trollbox.
Haha, a very nice plan. What happens when you buy at $225 and the price drops to $220? Then I scored some more long-term BTC at the cheapest price I've had yet. Wait, so u re not joking, u re serious about this plan? Sure I'm serious. |
|
|
|
Can someone pls point me out towards some data about past Supernet dividends? Thx.
I'd be interested to know too. I received PANGEA and SKYNET while my UNITY were at Bter. But I think there was a JAY distribution that I missed. |
|
|
|
If Factom is really serious about their value proposition, they should team up only with the Exchanges that are AML and KYC compliant.
What do you mean by "team up with"? Offer integration help to? |
|
|
|
I've been watching the BTC price for what seems like forever. Coinbase charges 1% in fees. I figure if I can (for example) buy at $225 and sell at $228, then I've made over 1%. It doesn't sound very hard. I will have my coins instantly if I register my credit card on Coinbase, right?
EDIT: Plus then I get to spend more time reading the hilarity scrolling up the BTC-e trollbox.
Haha, a very nice plan. What happens when you buy at $225 and the price drops to $220? Then I scored some more long-term BTC at the cheapest price I've had yet. |
|
|
|
|
Show Posts
