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I bet with the new wave of SuperNET popularity there will be much more people with the exact same questions you answered today and you'd need to find a way to deal with it.
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Do all you investors realize that I have some intense coding to do and I am not having any help in this area? That all investor questions I will be answering if they are not addressed, so we can do this investor relations and not code.
James
It's not our fault that you don't have someone for public relations in your team. People always have lots of questions, mostly stupid ones. Everyone who starts a new venture should be ready for this. |
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I put an additional set of buywalls at 160 NXT which is 20% above the ICO price.
James
I don't think it's right. Buy walls don't serve to give investors profit, but to make sure the price won't go lower then min ICO price. |
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how many asset issuers put up buy walls?
27 BTC at 0.0088 on Bter and (I guess) 733520.25 Nxt at 113.25 on Nxt AE. |
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I am following what I said I would do. There are no surprises at the formulas. If NXT price goes up, the NAV will go up. If I tried to price fix things at any specific price like 0.01, this would endanger SuperNET and that is something I will not do. Do you want me to do fractional reserve price peg that endangers the solvency of SuperNET so that the buywall is fixed at 0.01? What about when the NAV is at 0.015? You will probably not like it if the buywall was pegged at 0.01!
The NAV is the NAV is the NAV. It is based on market price fluctuations and anybody that tries to impose an artificial price peg will end up bankrupt. This has been proven over and over. My job is to ensure SuperNET is protected and grows. This means NAV is NAV and not some price peg that is not 100% backed. i do not believe in fractional reserve. or leveraged crypto.
If my doing what I said I would do is feeding trolls, then there will be a lot of troll feeding as I always do what I say I will. I said there will be a NAV based buywall according to the formulas described. I never promised an asset NAV buywall. I never promised any put option at ICO price.
Any such things would be materially different than existing spending authority and would need to be put up for a SuperNET vote. I will actively campaign against such onerous financial obligations. Do you want to put it up for a vote?
James
Maybe you're right and it's too complicated for me to understand, but I don't get why the price in BTC depends on the price in Nxt. I don't know what the TOKEN price was on Nxt AE, only on Bter. Let's say min IPO price on Nxt AE was 130 Nxt. Then set a buy wall at 130 Nxt. And it was 0.01 Btc on Bter, so set it on 0.01. But again, maybe I'm wrong, so I'm not arguing about it, just shared my thoughts. |
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Says a lot about how you feel of UNITY that you'll only support the asset with a meager buywall at 3/4 the ICO price.
Again, you're a fucking asshole James.
160 NXT is significantly above the highest official price during the entire ICO process. It was as low as 120 NXT and around 130 NXT for a lot of the time. Since 160 is bigger than 120, 130 and even 140, I assume this means you did not do very well in math class at school I feel sorry for you James P.S. Also the BTC buywall is probably 85% to 87% of the average price paid during the ICO. Temporarily below 90% due to drop in NXT price. please tell me any other crypto IPO that has a buywall at all. The guy is a total douchebag and troll, no doubts on that, but I also think that buywalls should be set at least at the min IPO price, which is 0.01 BTC, as far as I know. So, you're basically feeding trolls and fudsters with your actions. Buywall at higher price is wrong, because it would be the easiest money for investors. Buy at 0.01 and sell at 0.0115 back to devs. But buywall at 0.01 is just fair and logic. |
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Why is everbody convinced that launch will change anything ?
The mere fact that we launched will change nothing in terms of interest imho.
Software tend to become more expencive after the launch. I'd expect at least x3 in price after the release. |
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I can't belive it! You didn't even disappear like other scammers. Give me my money back assholes!  |
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  I guess that's exactly how he feels.
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It looks like we can almost see a finish line from here. It's selfish but I'm glad you closed IPO before you get 3500 members |
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Qora I have send you and Anon a message. Im waiting for the message to confirm that he release the funds, is this enough for you to send me the coins? thanks
Anon doesn't seem very active lately. I know he's busy with his silver project for Nxt AE, but still. I PMd him yesterday asking to release funds and had no answer. |
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Why I'm receiving coins again and again? Tx type: Mined. I've got 6 incoming transactions today. The same amount ~81 coins.
it's the Proof of Stake system, as long as you keep your coin in your wallet you get the interest. But how come i get stakes for only 0.09 xcoin? I mean... my 4500 xcoins produce only 0.09 coin daily? ? wth :S 4500 * 1% = 45 a year 45 / 365 = 0.12 a day makes sense... so you need approx 17 million xcoins to produce 6 transactions of 81 coins daily like this guy here dont't think he has 17million. mabe he ment 81 coins as a sum of 6 transactions... No, I meant several transactions 81 coins each, but it turned out I've mistaken. Although they look like several transactions only the last one is confirmed and I only received 81 coins. Pretty weird, never seen this before. |
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Why I'm receiving coins again and again? Tx type: Mined. I've got 6 incoming transactions today. The same amount ~81 coins.
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Looks like Nxt is far beyond the horizon in comparison with any other coin. Hopefully we'll see the right Nxt price and adoption by the end of the year. |
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I download the beta version and have a simple test. I find 3 problem,please confirm.
1. click the X cannot close the window.
2. New account address (more than 10 option address) cannot recovered by wallet seed and wallet password.
3. Address cannot be copied,It will be inconvenient.
1. Got this one too. It happens sometimes if you try to close the client within a minute after you opened it. Probably it can't be closed during updating blocks. 2. Didn't try 3. Can copy an address but with the whole line including balance "0.00000000 0.00000000 0.00000000" |
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I download the beta version and have a simple test. I find 3 problem,please confirm.
1. click the X cannot close the window.
2. New account address (more than 10 option address) cannot recovered by wallet seed and wallet password.
3. Address cannot be copied,It will be inconvenient.
Yes, there is some bugs, I think this will be changed in the offical laungh. It won't if people don't report bugs |
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When will the offical client launch?
It's planned on May 16. Fingers crossed. |
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The plan is to make a custom style for the client eventually after all the technical features are done.
It would be great if the client and website would be in the same style in the way that later on the design of the client will change to represent the style of the website.
Do you need help with that? Design development looked great by now, I suppose the community is able to design the client. As an option we can offer reward for the client design, I'd definitely pledge some money for that. |
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I see a debate is starting!
Node or NodeCoin!
My opinion is that Nodecoin is more relevant! as it refers to a coin! As just node sounds confusing "Node" - very ambiguous as it might refer to a programming structure!
But i'm curious what you guys are thinking!
NXT Lite didn't have "coin" I think I agree with those who say that Node is enough. Everybody inside crypto community would understand, others don't even know about Bitcoin, it's not a problem if they don't understand that Node has coins also. |
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That'll be my first million! I'm so looking forward to receiving it. I'm not gonna sell a single coin until it's at least $0.01 per NEM.
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