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1221  Alternate cryptocurrencies / Altcoin Discussion / Re: MOANERO SLUMPS UNDER 1$ - Get out while you can! on: October 05, 2014, 12:20:35 PM
I always said Moanero was a pump and dump with a scammy orchestrated pump - the likes that have never been seen in BCT-ALT.

Now it has slumped below $1 it is in a death spiral which will accelerate the value down to 1 Sat and below. Market Cap plummeting down past #13 and soon to fall out of CoinMarketCap top 100.

If you have any monero and, unlike whales, cannot afford to throw good money away I suggest you offload quickly - the price is slumping but the volume has been decimated - the whales are definitely done with the pump & dump.

I still see shills on here arrogantly assuming that Monero is #2 to BTC - they are not delusional - just merely hired hands. Now they have done their job enriching the whales they will soon fade away along with their 300 vacuous [XMR] Monero - Naked Vegan Crypto Discussion threads.

To the devs - I say 'Keep calm and carry on developing'. Learn from the devs over at [BCN] Bytecoin who kept their dignity and measured feedback in the face of the orchestrated abuse and attacks. Also learn that price and market cap is irrelevant in these nascent technologies.


I don't think, its a good idea to go out of any coin now, as they are all near a bottom...
1222  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is going down - What Altcoins to buy? on: October 05, 2014, 10:31:10 AM
USD, every altcoin is going down with bitcoin crashing. except maybe the fakey stablized ones...
seriously... nubits is a joke... to depend on fiat is exactly that, what cryptocoins want to avoid. so its fiat. you can keep usd as well...
1223  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 09:57:48 AM
I sincerely hope to see cooperation from everyone in this community who truly believes in NEM to try and make this process as quick and painless as possible.

I am fine with that decision. But I see a problem with the leftover stakes. Just keeping (or selling) them doesn't look very good...
you have already a few to sell... it looks greedy... in my eyes all leftover stakes should be destroyed. that is creating value for everyone.
1224  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 09:17:54 AM
Why did you split the process into two with no clear definition of time between? Worst idea ever.

What does 'slight waiting period' mean? Cause if its more than 5 minutes its not a short time is it...and if its days or weeks then this is retarded way to distribute. You have made two steps separated by an undefined time delay for no apparent reason.

a) Everyone must be given time to register, that is obvious, and I guess doesn't have to be explained
b) We need to know how many unclaimed stakes will there be, before we start phase two

I also don't see the point. Do you want to block the valid accounts, if they don't register within 2 weeks?
I think it should be possible to claim even after half a year. If they don't its not bad. there are just less nem then...
There are surely people not looking in here that often, and then come after 2 months asking about their stakes. If they don't get their NEM, they are fudding arround crazily...
1225  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Crowdsale has begun[Updates & Discussion] on: October 04, 2014, 09:08:16 AM
do you guys think  1million is a relistic price target?

$1 million per 1 million NEM? Absolutely. Most likely not any time soon, though. $1 million is peanuts compared to where I think it could go.
1 NEM=1 $ ! Cool

I think we'll see $10 NEM.

That'll mean NEM has found a market and economy in the world as a true cypto platform. I sure hope that happens.

Can you please stop call utopical prices? How should people take NEM serious, if they read this?
NEM will have a hard time to pass NXT in the first step. Then we can see further...
1226  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NXT be a real Crowdfunding Platform? on: October 04, 2014, 09:03:04 AM

A question to those more familiar with NXT, are there NXT clients with special crowdfunding features/plug ins (paying dividends etc.)?

Like this? It's in the client I downloaded from www.multigateway.com.
Don't know if it's in other clients.



where did you click for this?
1227  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NXT ASSET] [umosSlash] [Sales Started] slashermovie from UMOS Productions on: October 02, 2014, 10:33:46 PM
It's looks really interesting, because it's one of the first coin that will sponsoring movies.

I also think, that should be a nice chance.
1228  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NXT be a real Crowdfunding Platform? on: October 01, 2014, 09:50:56 AM

On the movie: It's a good idea, but I'd like to see a lot more real information (and/or people with trustworthy reps on board) before I'd invest any of my beloved NXT, or BTC, or whatever.


Yes, but thats the hen-egg problem. You can't hire people without knowing the budget :-)
You invest just in the idea. Higher budget -> better crew -> higher revenue -> more profit.
1229  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NXT be a real Crowdfunding Platform? on: October 01, 2014, 06:46:07 AM
A friend of mine came with the idea, to fund a movie via nxt:
https://bitcointalk.org/index.php?topic=802883.0

The market cap should be sufficent for crowdfunding like that. Don't you think?
I mean. Not only funding crypto coins and more cryptocoins but also other real business.
I think, that could really give a boost to NXT, if we put some placed advertisement in a movie.

Love the idea. Any info on the movie?

I guess there is quite a lot of information in the link.
1230  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NXT ASSET] [umosSlash] [Sales Started] slashermovie from UMOS Productions on: September 30, 2014, 10:06:09 PM
Seems interesting, hows it going ?

you can buy only over the nxt software or over SAE.
I will soon write a little more for beginners.
1231  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NXT be a real Crowdfunding Platform? on: September 30, 2014, 09:52:23 PM
Fun fact from http://coinmarketcap.com/:
NXT market cap: about 26 million bucks
Market cap of jl777 assets combined: about 11 million bucks

Personally I wouldn't touch any of those assets, simply because I don't understand them, how they (and especially the promised products) affect each other, and no one I've asked understands either. The learning curve is overwhelming.

If there are assets, that are sold in a currency and their value is too high to be able to sell, does not mean, that the asset has a problem.
The opposite is the case. The currency has a problem: Its heavily undervalued. And that will change hopefully soon.
1232  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NXT ASSET] slasher movie from UMOS Productions on: September 30, 2014, 09:41:56 PM
The sale has now officially started.
1233  Alternate cryptocurrencies / Altcoin Discussion / Re: Can NXT be a real Crowdfunding Platform? on: September 30, 2014, 02:49:04 PM
This project will require about 5% of all the NXT coins.  That's kind of a lot. Raising $1.35 mil with any crowdfund is, in my estimation, not an easy task.
We don't need the full amount. That is just the maximum.

I also get nervous when I see something that says 90% of the revenues will be paid out.  I don't know much about film-making as an industry, so I'd have to do a lot more research to write anything that I'd stand behind, but I will say that it sounds like a lot. Let's say he spends a million on the film.  Let's say he only sells it for $3 million.  Or $5 million.  Either way, he has to go into a massive deficit, or use debt finance, to pay out $2.7 mil or $4.5 mil.  It just doesn't really work at all.  

Sorry I don't understand your calculation. We only talk about UMOS's revenues.
Lets say we raise 1 Million and pay our movie with that. Lets say we sell for 3 Million. So why can't we pay out 2.7 Million, if we have them? We have 300 thousand left for the company. We also have to pay only tax on 300 thousand. Why should we take more?
Or do you have problems with the conversion to NXT? The revenues won't come all at the same time. So there may be even monthly payments and the price of NXT will pushed of course... I don't find that bad.
1234  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [NXT ASSET] slasher movie from UMOS Productions on: September 30, 2014, 01:19:00 PM
I don't see any information pertaining to any of the logistics of the film. Has anything except the asset exchange been planned for this or is the entire project dependent upon its success?

We have several plans and connection but nothing final yet.

What are the planned production costs during each level of production, and will this project continue regardless of funds acquired through NXT ASSET exchange?
If 40,000 assets aren't purchased, can nothing be expected of this project?

UMOS can and will finish the movie already, if we only get 20000 Assets. Otherwise we pay back all.
Of course we can do better work with higher budget. Thats why the first step will be to get the 20000 base.
Then we can go further with details about the script and do a nice teaser. This will probably help find more investors, what supports us to do a better movie.
1235  Alternate cryptocurrencies / Altcoin Discussion / Can NXT be a real Crowdfunding Platform? on: September 29, 2014, 10:34:49 PM
A friend of mine came with the idea, to fund a movie via nxt:
https://bitcointalk.org/index.php?topic=802883.0

The market cap should be sufficent for crowdfunding like that. Don't you think?
I mean. Not only funding crypto coins and more cryptocoins but also other real business.
I think, that could really give a boost to NXT, if we put some placed advertisement in a movie.
1236  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [NXT ASSET] slasher movie from UMOS Productions on: September 29, 2014, 10:03:46 PM
reserved
1237  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [NXT ASSET] [umosSlash] First concrete Movie Asset - a horror slasher on: September 29, 2014, 09:56:48 PM
What's this project about?

This project is about the budgeting of an international feature film project exclusively on the NXT platform. The marketing effect for NXT is just as important as the fact that one does not need the support of Hollywood producers for a professional high-quality feature film.

The company UMOS Productions UG lenses an exciting slasher a la Scream, Friday the 13th and Halloween. We work for the first time together with the partner Matador Film.


Camp Hell (Working Title)


Image made by our partner ParaGrafixx

Vanessa and her boyfriend Steve enjoy their vacation in an outlying camp. One day a roommate is brutally murdered by an unknown person, the murderer has cut out her eyes! The police are baffled. Another murder happens, again the corpse is terribly disfigured! Who is the masked killer and how can he be stopped?
               
Official Page: UMOS Productions Crypto Asset Anouncement (english) - (german)


What is the goal of the project?
              
For the commercial exploitation of the film a worldwide marketing in DVD and BluRay area is provided. Furthermore, aimed at an international theatrical release. To offer the widest possible marketing potential the film will be shot in English.

Several feature-length films were already successfully produced and marketed by our partner. So feature movies in house as well as in order production were successfully refinanced and placed on the Bluray and DVD market by known film labels. The personal and professional experience shows that this project has very good chances of success mainly through the genre.

Your investment enables the production company UMOS Productions UG also future film projects, which may further increase the awareness and success of this film. The majority of revenue is paid directly to you, the investor. Larger investors can also be listed as a co-producer of the film or participate in any form (e.g. as a supporting actor) in the film on request.

The film also has a marketing effect for NXT. The Coin is mentioned prominently in the film and there are preferably used cost carriers, that can be paid with NXT coins. The film thus actively supports the NXT community and the spreading of the currency.


How will we use the money?

The budget of the film is used for the salaries of the actors and the crew, the technical equipment, general production costs such as catering and accommodation costs, venue hire and accounting as well as for the professional post-processing of the film. Leftover money is considered income and will be paid the same way.


Budget Setting

We already have a lot of experience in the implementation of films with low budgets. Of course, any additional budget is a relief and increases the quality of the film. We try to get the best quality out of your budget.

Maximum number of assets: 500 000
Asset starting price: 100 NXT
Asset Name: umosSlash
AssetID: 11482246150566980010 (Caution! We are not responsible, if you buy the wrong assets!)
Issuer Account: NXT-AH72-5DQE-J679-6QCKJ
Sell start: 1st October 2014

The film project will be implemented with a minimum amount of 20,000 purchased assets.

From 40,000 purchased assets a well-known international actor is committed.

From 200,000 purchased assets a prominent star actor will be engaged for a supporting role.

From 350,000 purchased assets a prominent star actor will be engaged for a main role.

Correspondingly higher budget allows of course several more well-known actors and higher quality of the film. If all assets are sold and the income is more than the budget, investors will get an additional 10% of the shares of a next film budgeted in a similar manner.

Until the minimum amount the price of the shares is fixed at 100 NXT. If this is not achieved till 1st December 2014, all shares will be repurchased (investors have to place a sell order at the issue price for their assets).  
If the minimum amount is reached, the asset prices turn variable and are based on the market by publications. For obtaining more investors there will be shot a teaser and finished the screenplay. A purchase prior to that date is probably cheaper. Further sale of assets can be proceeded until the completion of the film.


Payout

If the film is completed, it will be sold the best possible way. 90% of the revenue of the film will be distributed via NXT directly to the investors. All owners of assets with the exception of the not sold assets on the expense account get their share. The distribution will take place on a monthly basis after the completion of accounting. The remaining 10% are used by UMOS Productions UG for the maintenance of the company and if appropriate as budget for future films, which also support the marketing of this film.


Terms, Conditions and Disclaimer

The budget settings refer to the NXT value of the 29th of September 2014. The company UMOS Productions UG is not liable for NXT exchange losses. If value increases, there will be a positive impact on the quality of the film.
If the value of NXT falls sharply, it is necessary to change the asset budget settings or increase the asset prices accordingly. If the value of NXT plummes during production, so that the budget is no longer sufficient for the completion of the film, the production is put on hold. Should this condition persist longer than 1 month, the production is aborted and assets are repurchased. But the assets can then only be bought back with the leftover budget (price = Number leftover NXT / number of sold assets).

UMOS Productions UG buys back shares only if the minimum budget is not reached. If it is reached, there is no repurchase and shares can be sold only to other interested parties. UMOS Productions UG is not liable for losses that may arise from the purchase and sale of the shares. <br/>
Though UMOS Productions UG tries its best, it does not guarantee profits or sale amounts. Furthermore, we can not guarantee that the film will get a theatrical release or is marketed worldwide via a well-known DVD label. But we can assure a release in Germany (and thus worldwide export) on DVD and Bluray.

After ensuring the implementation UMOS Productions UG reserves the right to have parts of the resulting budget available on other public NXT or Bitcoin accounts. Furthermore there will be regularly transfered parts in Euro to the business bank account, as the biggest expenses are expected to be paid in that currency. UMOS Productions UG is not liable for losses resulting from exchange rate fluctuations of Bitcoin or NXT or by trading or transfer fees. Values ​​are exchanged to ensure liquidity in another currency in the first place, to pay expenses in Bitcoin or Euro or to ensure the distribution of NXT to investors. <br/>
The decision how the budget is used exactly in the film and how much budget is kept in which currency is solely decided by UMOS Productions UG. Investors have neither claim on participation nor any direct rights on the movie. They just have a promised share on the expected income of the movie.

UMOS Productios UG is not liable for security holes or availability of NXT or Bitcoin. If the software is hacked and/or the currency (or currencies) has (have) a downfall the project will be canceled if the rest of available budget is insufficient for completing the film. If the income of the film is greater than 50% of the market cap of NXT, all funds beyond remain at UMOS Productions UG. This also applies to high price decline and especially when the software was hacked and NXT is virtually worthless. Should in this case an assignment to the original asset holders not be possible anymore, there will be no distribution.

You as an investor bear the whole risk of loosing your funds and have no rights for a refund of your deposit if prices fall or a failure of the film. Furthermore UMOS Productions in this case doesn't guarante for follow-up projects and other marketing attempts.

You fully accept this conditions by buying assets. Purchases are allowed only from 18 years.

Edit 15.10.2014: The revenue is calculated after taxes.
1238  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: September 21, 2014, 09:48:02 PM
... fixed ...
that's what I am talking about.
1239  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: September 21, 2014, 07:52:51 PM

Pipshares

Something different to keep your eye on.

Again... How many coins want to try that?
Every effort for price stabilization is nonsense. The market has to accept a coin then a coin value is generated from itself without need of fake values.
1240  Other / Archival / Re: delete on: September 21, 2014, 04:38:28 PM

I had a sudden epiphany while at dinner which is BCX's exploit, well at least I can find the i == s and from that it may be possible to factor 'x' the private key.

I am trying to think of a fix. So far I can not think of any fix. I think BCX is correct, this is a coin killer.

I will also be contacting BCX to see if he wants to buy it from me since he wrote publicly that someone offered in 100 BTC for this.

BCX, do you have any interest in buying this from me instead of me selling to James, smooth, or BrilliantRocket?


I received the above PM from "The Fascist" aka "Anonymint". It seems as if he has also found an exploit.

I have no interest in buying any exploit or any interest in attacking Monero. I am neither for or against the coin.

I do however see a serious flaw inherent to all CN coins with Monero being the focal point.

With this exploit expanding into the wild, holding any sum of funds in XMR you cannot lose is foolish.

I can absolutely guarantee you as soon as this exploit is successfully deployed, every single exchange will halt trading
and there will a lot of people holding coins they cannot trade anywhere.

As Anonymint also indicated, this is indeed a coin killer.


~BCX~

if that is true, wouldn't it make more sence to find a nice bugfix and sell that one to monero bagholders instead?
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