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All the alt coins were converted to BTC last year after the ICO...total investment was 3055 BTC per a post from Lauda.
Nope not true , they did not got converted last year. The Post from Lauda back than was only the conversion rates so everybody could calculate how much nvst he will get it never states that they directly convert the alts to btc and they didnt convert them.
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People think the 1400 BTC in Escrow are not high enough and that lauda stole from the altcoin funds, But they simply dont wanna do math thats all so i help a bit.
At first i wanna write that these numbers arent 100% accurate becaus i doesnt exactly know how many altcoins really got converted at start its just an estimate with this in mind. This calculation shows how much Altcoins lost in value compared back than with the value now Left the value in btc when we invested right side the value now.
in BTC
LTC: 131.806919857 now 70.544134084 XRP: 143.421843806 now 59.4388254915 ETH: 792.971309565 now 298.760281758 MAID:149.88903042 now 29.1265901 DASH:136.835085363 now 44.8986655922 WAVES:52.1873061717 now 10.1257557693 DOGE: 25.6991926573 now 8.7235791589 ETC: 31.3899723712 now 8.2679004029
Total: 1464.20066 now 529.885732357
btw. 529btc + 1590(direct BTC Invest) =2119 btc around 600 btc to tonbi so we are at 1519 btc 75 btc to nemgun we are at 1445 btc minus the fees for the escrow around 1400 btc looks completly normal to me..
I repeat the numbers are not 100% precise becaus i dont know the exact number ton got or nemgun or how much fees its just an estimate to show everyone that 1400btc isnt far of.
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short info about the people complaining that 1400 btc are not enough (so from alt to btc) you all forgot that altcoin crashed extreme.
OLD Conversion Rate
BTC: 1 LTC: 0.01688190 XRP: 0.00010822 ETH: 0.12242700 MAID: 0.00019581 DASH: 0.07139310 WAVES: 0.00167559 DOGE: 0.00000109 ETC: 0.00760768
Todays conversion rate (13.08.2018)
BTC: 1 LTC: 0.00903533 XRP: 0.00004485 ETH: 0.04612566 MAID: 0.00003805 DASH: 0.02342568 WAVES: 0.00032511 DOGE: 0.00000037 ETC: 0.00200381
just look at eth 0.12242700(past) vs 0.04612566(today) Now at Nvst 0.00020366666(past) vs 0.00009333333(today) So we can say if the refund/buyback happens that nvst was a better invest than eth back than ( or atleast it was not tha bad as eth).
The current conversion rate doesn't matter. What matters is the conversion rate over the past year. It is full on bear now, Alts did well against BTC at various points last year. I remember dash got up to .09 at one point. You have to think of this over time not stagnant. But many alts just got converted today so the numbers of today are relevant.
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short info about the people complaining that 1400 btc are not enough (so from alt to btc) you all forgot that altcoin crashed extreme.
OLD Conversion Rate
BTC: 1 LTC: 0.01688190 XRP: 0.00010822 ETH: 0.12242700 MAID: 0.00019581 DASH: 0.07139310 WAVES: 0.00167559 DOGE: 0.00000109 ETC: 0.00760768
Todays conversion rate (13.08.2018)
BTC: 1 LTC: 0.00903533 XRP: 0.00004485 ETH: 0.04612566 MAID: 0.00003805 DASH: 0.02342568 WAVES: 0.00032511 DOGE: 0.00000037 ETC: 0.00200381
just look at eth 0.12242700(past) vs 0.04612566(today) Now at Nvst 0.00020366666(past) vs 0.00009333333(today) So we can say if the refund/buyback happens that nvst was a better invest than eth back than ( or atleast it was not tha bad as eth).
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The fact that Lauda has a working wallet Beta is reassuring. Wish this information had come out sooner, it might have calmed down some people.
this is a working wallet? well, why don't they release a test wallet to the public? easy to say , when even of 1 user the cryptos are locked or lost or only with dev help accessible than the project will get shitstorm of dead . i would like to risk some coins to be able to see that there is really something and not just pictures and videos. Yea you but can you speak for all imagine someone put in 2 btc or 10 eth or something and they are lost than they could write 20 times on the website that it is your own risk using the wallet lol. They wrote like 10 times at crowdsale dont sent from an exchange and what happend?
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The fact that Lauda has a working wallet Beta is reassuring. Wish this information had come out sooner, it might have calmed down some people.
this is a working wallet? well, why don't they release a test wallet to the public? easy to say , when even of 1 user the cryptos are locked or lost or only with dev help accessible than the project will get shitstorm of dead .
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Hello, the development is moving well, the thing is that Yani wanted to deliver the wallet, i refused, as i prefer to implement the coins into the DEX and the wall at the same time in order to avoid waste of time. As the wallet is a wrapper who works with the DEX. So when a coin is implemented into the wallet, i have to be implemented in the DEX, this way we keep a clean work, the wallet will be available soon.
For Safenet, we promised to wait for about 4 monts, there is still a little less then 3 months, if it is not ready we will go with our solution. This is what we promised to do.
Hey i like the design and im a really optimistic investor that helped many people on slack and allways tries to help like the coinpayments idea from me , But (im not sure if i understand you correctly) its a bit dissapointing for me(and many investors becaus they looked forward to it) that you want to launch the wallet with the validator, i can understand that at a developers points it is better to do it like this but we got told from the team that the wallet(so bitcoin holding and sending ) will be ready soon, and how can we trust the word of the team and what they are telling us when its get changed in the last minute? (Hope you can understand what i mean my english isnt the best). I still will support nvo but im really dissapointed now and just wanted to write it down . :/ There is a smal confusion here, the wallet will come soon, but the way i implement the coins into the wallet have to be done the same way it is on the DEX. To be clear, the wallet will come before the DEX, very soon, it is almost ready, just implementing more coins the same way i implement them on the DEX. Ah ok thank you for the reply And sorry for misunderstanding you english isnt my native language .
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Hello, the development is moving well, the thing is that Yani wanted to deliver the wallet, i refused, as i prefer to implement the coins into the DEX and the wall at the same time in order to avoid waste of time. As the wallet is a wrapper who works with the DEX. So when a coin is implemented into the wallet, i have to be implemented in the DEX, this way we keep a clean work, the wallet will be available soon.
For Safenet, we promised to wait for about 4 monts, there is still a little less then 3 months, if it is not ready we will go with our solution. This is what we promised to do.
Hey i like the design and im a really optimistic investor that helped many people on slack and allways tries to help like the coinpayments idea from me , But (im not sure if i understand you correctly) its a bit dissapointing for me(and many investors becaus they looked forward to it) that you want to launch the wallet with the validator, i can understand that at a developers points it is better to do it like this but we got told from the team that the wallet(so bitcoin holding and sending ) will be ready soon, and how can we trust the word of the team and what they are telling us when its get changed in the last minute? (Hope you can understand what i mean my english isnt the best). I still will support nvo but im really dissapointed now and just wanted to write it down . :/
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So it's now been months since the ICO ended, and *still* no update on the website? Really?
New Website comes in the coming week . if I'm not mistaken, the website is "coming in the next week" for like a month already... Not completly true, around 3 weeks ago they wanted to give us a new website its true but they communicated in slack that they didnt like the design and that they first concentrate on wallet and than website. Wallet will be finished soon (i guess the real hard work is already done and now they are finetuning it) and so they started concentrating(hiring webdesigner or something dunno how they do it directly) on website, and told in slack that it will arrive coming week.
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So it's now been months since the ICO ended, and *still* no update on the website? Really?
New Website comes in the coming week .
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Cool to see already people wanna be listed on the exchange . You dont have to ask NVO to list XBC you can list it later yourself due to plugin so the wallet/exchange have a plugin system where you yourself can write a plugin and voila your coin is listed just by yourself .
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Sorry if it has been Answered above but i used my Counterwallet to transfer when will i be able to see my NVO tokens..? Do i need to d something extra or it will be credited automatically?
Just wait , many users sent there btc from an exchange so they have to sent the tokens partial manually. You can check here if they start sending out the tokens. https://xchain.io/asset/NVST.NVSXWhen you write at the top right corner of the site your adresse you can see if you already got your tokens .
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I can buy some of them after some of u get in wallet. You can send me pm and price want you want. Ty
$10/NVOT If everything works as described the developers, each holder of NVOT tokens will receive 0.2% weekly of the trading volume on a decentralized exchanger, which will be created by the NVO team. If now an approximate daily trading volume $ 4 billion, and for example 25% ($ 1 billion) of this volume will be processed on a decentralized exchanger, then each owner of NVOT tokens will receive weekly about $ 0.93 per token or about 3,72 dollars monthly))) ( (1,000,000,000 * 0.2%) / 15,000,000 (total number of tokens) ) * 7 days = $ 0.93 If you have for example 1000 NVOT, then weekly you will receive $ 930 or $ 3720 monthly And now imagine if the share of the decentralized exchanger will be 50% or 75% of the total volume))) Or if the daily trading volume will be 10 billion))) like... what was your point? do you think I invested only by randomly dropping by, not doing my math? also your numbers are ridiculously unrealistic and wrong... 1 billion DAILY trading volume? yeah, in 5 years... also you can't just randomly double the trading volume... it's (NVOTshare / 15000000) * fees * 0.5 * volume, I'm not sure about the fees, the volume already includes BOTH, taker's and a maker's sales I want just tell that 10$ is it very small, I think 100$ per one token will be good Still very, very small amount people use crypto currency, so trading volume will increasing Perhaps the fees will be pay only by makers or takers(but I've seen information about fees paid maker and taker 0.2% each) but still it does not really change the situation 10$ isnt low lol you would get around 19x your invest lol 100$ would be crazy than i would be close to be a millionaire .
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I can buy some of them after some of u get in wallet. You can send me pm and price want you want. Ty
$10/NVOT If everything works as described the developers, each holder of NVOT tokens will receive 0.2% weekly of the trading volume on a decentralized exchanger, which will be created by the NVO team. If now an approximate daily trading volume $ 4 billion, and for example 25% ($ 1 billion) of this volume will be processed on a decentralized exchanger, then each owner of NVOT tokens will receive weekly about $ 0.93 per token or about 3,72 dollars monthly))) ( (1,000,000,000 * 0.2%) / 15,000,000 (total number of tokens) ) * 7 days = $ 0.93 If you have for example 1000 NVOT, then weekly you will receive $ 930 or $ 3720 monthly And now imagine if the share of the decentralized exchanger will be 50% or 75% of the total volume))) Or if the daily trading volume will be 10 billion))) like... what was your point? do you think I invested only by randomly dropping by, not doing my math? also your numbers are ridiculously unrealistic and wrong... 1 billion DAILY trading volume? yeah, in 5 years... also you can't just randomly double the trading volume... it's (NVOTshare / 15000000) * fees * 0.5 * volume, I'm not sure about the fees, the volume already includes BOTH, taker's and a maker's sales yea that is the exact formula its still pretty decent lets say we have a weekly trading volume of 10,000,000 $ and only 0,2% fees (to lowball it we say only holder pays the fees) (1000/15000000)*0,2*0,5*10000000 = 66,667$ and i would say 10,000,000 Trading Volume a week is really realistic or not? And 66,667$ a week is pretty nice if you take in account that you had to pay around 510$ for the 1000 NVOT, so after around 8 weeks you got your invest back. 0.2% is 0.002, not 0.2, so its 0.66667$/week, also again, the volume already includes both sides - maker and a taker, so when a trade of 1BTC to 8ETH is made, that's 2 BTC volume, not 1 BTC, doubling it again (the volume, the 2 BTC) is nonsense UUps you are right what a stupid mistake from me (and i study computer science.....) . How high would you estimate the weekly trading volume for the start 10.000.000 is a bit high or not would say around 1kk to 5kk would be realistic.
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I can buy some of them after some of u get in wallet. You can send me pm and price want you want. Ty
$10/NVOT If everything works as described the developers, each holder of NVOT tokens will receive 0.2% weekly of the trading volume on a decentralized exchanger, which will be created by the NVO team. If now an approximate daily trading volume $ 4 billion, and for example 25% ($ 1 billion) of this volume will be processed on a decentralized exchanger, then each owner of NVOT tokens will receive weekly about $ 0.93 per token or about 3,72 dollars monthly))) ( (1,000,000,000 * 0.2%) / 15,000,000 (total number of tokens) ) * 7 days = $ 0.93 If you have for example 1000 NVOT, then weekly you will receive $ 930 or $ 3720 monthly And now imagine if the share of the decentralized exchanger will be 50% or 75% of the total volume))) Or if the daily trading volume will be 10 billion))) like... what was your point? do you think I invested only by randomly dropping by, not doing my math? also your numbers are ridiculously unrealistic and wrong... 1 billion DAILY trading volume? yeah, in 5 years... also you can't just randomly double the trading volume... it's (NVOTshare / 15000000) * fees * 0.5 * volume, I'm not sure about the fees, the volume already includes BOTH, taker's and a maker's sales yea that is the exact formula its still pretty decent lets say we have a weekly trading volume of 10,000,000 $ and only 0,2% fees (to lowball it we say only holder pays the fees) EDIT Calculation: (1000/15000000)*0,002*0,5*10000000 = 0,667$
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The time-stamp for the conversion rates is: 19:00 UTC - 28/06/2017.
Total BTC raised (at these exchange rates): 3055.120324 Total USD raised at the BTC-USD price (Bitstamp): 7790556.826
This means that any price changes for you, as an investor, no longer matter. You can use these numbers to estimate the number of tokens that you will receive.
Based on the totals from Lauda The initial price of one NVO is going to be: BTC 0.00020367 USD 0.51937 Which is a major loss. How did you come up with that number? how is this a major loss he just converted the actual bitcoin price 7790556.826 \ 15000000 = 0.51937$ 0.51937$ = 0.00020367btc lol
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This means that any price changes for you, as an investor, no longer matter. You can use these numbers to estimate the number of tokens that you will receive.
Thank you for the information about the Timestamp if my math was correct im in with around 8000 tokens . Lets hope for a succesfully project .
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Wanted to know how you dealt now with eth cause of the low, So i get NVOT on the price of eth when they crowdsale ended or the actual price when the NVOT get sent out caus today the ETH is much more than yesterday. (Sorry for bad english i hope someone understands what i mean and can translate it properly )
I want to know too. My ether was worth more when I bought it and is worth more now. I had to send it when it was low due to the crowd sale ending. When will my contribution be counted and how? Also, NVOT has a fixed price? Or will it be allowed to gain in value on exchanges? A fixed price is a losing bet. Heyho, it says The rate of your currency contributions will be calculated at the end. So if you participated with BTC, and BTC goes up on last day of crowdsale, we will use that price at the end. on the Website ( https://medium.com/nvo-exchange/how-to-contribute-to-the-nvo-crowdsale-d3e4453e3d7d). So it will take the price, when the crowdsale ended! Also the NVOT will not have a fixed price, it will depend on supply and demand, when it is listed on exchanges. That is how i understood. Hope I could help. Its true but it would be really nice from NVO when they think about it for the supporters of the project becaus that it got so low on the last day was really really unlucky and in the end we all wanted to support them, We arent talking about a difference of 5% or something we are talking about a difference of 20-30% so it would be really nice from NVO to be nice to there supporters . so... you want the NVO team to compensate you for the price? it's absolutely not their fault to compensate you for anything... what you do is investing - you bought ETH when it was expensive and cry that you lost the money when the price pulled back, which was more than expected... what you did were wrong investing decisions, next time buy low, not high First you dont know @ which point i buyed the eth im still in + Second i want that they look over it becaus it was only this 1 day that the eth was so low from all days the crowdsale was ongoing on this day it reached a really deep low thats why i say that it would be nice if they go and take the price of one day later. Third there is no reason to write so aggresiv i just asked politely if they are nice to the supporters and take the price of 1 day later i didnt insulted anyone and even when NVO takes the price when Crowdsale ends i will support the Project becaus i really like the Idea. think about what you're saying, they just can't randomly "take a price" from another day - they made this crowdsale to RAISE funds, not to compensate you for something - if the price of a coin is 300$ across all markets, they are gonna get 300$ no matter what, they can't just magically sell it for higher price so you'll be happy that you got more out of your investment I know what you mean and that there has to be a deadline and i will accept it even when it is the lower one. But what i mean is it was just 1 unlucky day for all cryptos especially for Eth so it would be pretty nice if we imagined Deadline day would be 1 day later. Also you have to think this was only possible becaus NVO delayed the deadline Day if they didnt do this they had a far more realistic price for the cryptocurrency than they have now. (hope it was understandable) Also lets not argument and hope for a good working project , im just as you say a little bit sad becaus there is a difference over 600$ from yesterday and today for me and i would say the todays price(its not even that high) reflect much more the eth price of the past 2-3 weeks than yesterday that was an exception.
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Wanted to know how you dealt now with eth cause of the low, So i get NVOT on the price of eth when they crowdsale ended or the actual price when the NVOT get sent out caus today the ETH is much more than yesterday. (Sorry for bad english i hope someone understands what i mean and can translate it properly )
I want to know too. My ether was worth more when I bought it and is worth more now. I had to send it when it was low due to the crowd sale ending. When will my contribution be counted and how? Also, NVOT has a fixed price? Or will it be allowed to gain in value on exchanges? A fixed price is a losing bet. Heyho, it says The rate of your currency contributions will be calculated at the end. So if you participated with BTC, and BTC goes up on last day of crowdsale, we will use that price at the end. on the Website ( https://medium.com/nvo-exchange/how-to-contribute-to-the-nvo-crowdsale-d3e4453e3d7d). So it will take the price, when the crowdsale ended! Also the NVOT will not have a fixed price, it will depend on supply and demand, when it is listed on exchanges. That is how i understood. Hope I could help. Its true but it would be really nice from NVO when they think about it for the supporters of the project becaus that it got so low on the last day was really really unlucky and in the end we all wanted to support them, We arent talking about a difference of 5% or something we are talking about a difference of 20-30% so it would be really nice from NVO to be nice to there supporters . so... you want the NVO team to compensate you for the price? it's absolutely not their fault to compensate you for anything... what you do is investing - you bought ETH when it was expensive and cry that you lost the money when the price pulled back, which was more than expected... what you did were wrong investing decisions, next time buy low, not high First you dont know @ which point i buyed the eth im still in + Second i want that they look over it becaus it was only this 1 day that the eth was so low from all days the crowdsale was ongoing on this day it reached a really deep low thats why i say that it would be nice if they go and take the price of one day later. Third there is no reason to write so aggresiv i just asked politely if they are nice to the supporters and take the price of 1 day later i didnt insulted anyone and even when NVO takes the price when Crowdsale ends i will support the Project becaus i really like the Idea.
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Wanted to know how you dealt now with eth cause of the low, So i get NVOT on the price of eth when they crowdsale ended or the actual price when the NVOT get sent out caus today the ETH is much more than yesterday. (Sorry for bad english i hope someone understands what i mean and can translate it properly )
I want to know too. My ether was worth more when I bought it and is worth more now. I had to send it when it was low due to the crowd sale ending. When will my contribution be counted and how? Also, NVOT has a fixed price? Or will it be allowed to gain in value on exchanges? A fixed price is a losing bet. Heyho, it says The rate of your currency contributions will be calculated at the end. So if you participated with BTC, and BTC goes up on last day of crowdsale, we will use that price at the end. on the Website ( https://medium.com/nvo-exchange/how-to-contribute-to-the-nvo-crowdsale-d3e4453e3d7d). So it will take the price, when the crowdsale ended! Also the NVOT will not have a fixed price, it will depend on supply and demand, when it is listed on exchanges. That is how i understood. Hope I could help. Its true but it would be really nice from NVO when they think about it for the supporters of the project becaus that it got so low on the last day was really really unlucky and in the end we all wanted to support them, We arent talking about a difference of 5% or something we are talking about a difference of 20-30% so it would be really nice from NVO to be nice to there supporters .
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