What I don't understand: by launching Ardor the way you have done now, it will give the initial stakes from NXT an equal advantage in Ardor. Wasn't that the major "problem" a lot of people had/have with NXT (the initial distribution). Aren't you now 1 on 1 transferring that "problem"?
Not at all. As you may have noticed, we've seen quite a few stakeholders offloading Nxt. They have found an exit point they felt happy with which is good for the distribution and which we are very happy with. Your example also seems to imply a static distribution over two and a half years, which is simply not true. We've seen multiple stakeholders offload over the years, most visibly during the middle of last year when we had a downward pressure for a few months when an initial stakeholder kept selling around the 3000-4000 mark. Ardor will start with a much improved distribution exactly due to this method. I would also argue that there is no other way short of disenfranchising any current Nxt holders (which is a much larger group than the initial stakeholders. They consist of people who invested and traded for 2,5 years), which would be infinitely more destructive: we'd be breaching investor trust, which the devs refuse to do. What did cause Nxt to lose so much value over the last couple of years? (honest question, no smartass) There seems to be a large disinterest for some reason that sticks. Too me Nxt was and still IS, one of the best and most versatile crypto networks out there. What will make Ardor a succes in the long run? Not your classic: Rise...downtrend....smaller uptrend.....long period of decline. |
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What I don't understand: by launching Ardor the way you have done now, it will give the initial stakes from NXT an equal advantage in Ardor. Wasn't that the major "problem" a lot of people had/have with NXT (the initial distribution). Aren't you now 1 on 1 transferring that "problem"?
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and again the site is down! The first option I get, I will get all of my money away from you. Every....single....time....BTC (or whatever) makes a big move.... EVERY #&^**&#% TIME! Get your sh*t together Kraken. EDIT: and thanks again for making me lose a trade which cost me 110 euro.  We are still looking into this, but it appears to have been some kind of network issue that affected other sites as well. https://twitter.com/CaptSpectacular/status/744875641993052160And it did not affect everyone since many clients were able to access the site without issue. I understand that it's frustrating no matter the cause, but so far it looks like there wasn't much we could do about this particular incident. But as I said we are still looking into it and I'll let you know if the assessment changes. Thanks for replying, but that doesn't get you off the hook. Why is your site non-responsive (nor via the app) when a crash or spike occurs? Poloniex seems to do just fine on those moments. Don't you have extra capacity available when needed? It doesn't seem so, since it can take several hours for the problem to be "resolved" (read: when the crash or spike is over and everybody simply gives up). Going to a different exchange which trades EUR < > XXX is a no-go, so that would mean EUR < > USD (boo!) |
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Hi All, First, I apologize on the behalf of the Kraken team to all our clients for the recent instability in the website and API. Things are much improved at the present time and so far as we know everyone should be able to access the site OK or trade through the API. As you are probably aware, it was caused by a massive influx of traffic related to the DAO incident, which you can read more about here: https://blog.ethereum.org/2016/06/17/critical-update-re-dao-vulnerability/I'm also sorry it's taken a while for me to post here about it. In incidents like this, we will generally be focused on posting updates to our status page (twitter too, but the main focus will be the status page). If you subscribe to the status page you can get the updates by email or SMS. You can see the updates we've posted so far for this incident below: https://status.kraken.com/incidents/t4gc3kfd100mhttps://status.kraken.com/incidents/0t1ttp21sgz5Ideally I'd like to reply to all the posts and issues raised by this incident now, but unfortunately it will take me some time to get back to everyone. Thanks for your patience - I'll respond as soon as I can. and again the site is down! The first option I get, I will get all of my money away from you. Every....single....time....BTC (or whatever) makes a big move.... EVERY #&^**&#% TIME! Get your sh*t together Kraken. EDIT: and thanks again for making me lose a trade which cost me 110 euro. |
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Being that XCR users get 0 bonus means that I will wait until something close to the last few hours (or days) to invest - makes most sense as it allows me to gather more information regarding how badly my stake will be diluted. Game Theory and all that jazz.
Share dilution doesn't matter in this ICO. It took me a long time to realize this. Dilution only happens when more people show up with more money that only makes Lisk more valuable. BTC or XCR, doesn't matter. Inflow of either increases the price of the fewer Lisk you now hold. Your donation still has the same overall value as when you made it. There is no reason to wait. If you are going to donate to Lisk, just do it! From a moneymaker point of view: About the: "that only makes Lisk more valuable". Just be careful with how much you "donate", because the people that really want in, will buy as soon as they can to gain for the lowest price. Once the coin is launched at an exchange sell a chunk (or all) immediately or be patient for months. If you sold a good chunk upon launch, you can always buy back (way) cheaper. There is no reason why this ICO and launch be any different than other coins/networks. |
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I harvested 26 blocks already. My machine is on 24/7, it's one of my VM's so it should be on forever  Importance is 6,19%oo at the moment. |
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In any case, we have some pretty great things in the working and 1 or 2 days from now we'll have a big announcement about stuff.
By the end of this week I think people will start understanding that in some sense our marketing work tries to be very similar to our technical work - which means we are aiming for real quality and are working on some things that have either not been done in crypto or have been done the wrong way. Stay tuned.
So tell us more!  |
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@nextgencoin Welcome to the exclusive club called "My ignore list"  |
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Can't make this shit up:  can 1 person be 13% importance? how exactly is that number calculated? Im showing 2.23% in mine ... Ahem. I have not contacted you, nor have I more than one stake from the forum claiming. Please clear this up! You're absolutely right and I apologize. I confused you with someone else  . No problem. The only reason I wanted that cleared up was because someone sent me a PM asking about it. Must be some error in. T had only 1 stake! Nevermind, wrong answer, this is about 1 stake... |
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I also posted this on the NEM forum.
I've tried twice to send XEM to Polo, but the transactions remain on pending and after one hour they time out.
What can I do about this?
I have the latest client (of course), blockchain is synched, my accounts are added correctly.
are you adding the unique message? Yes, I do. The transaction never gets picked up by the blockchain.
Also, have you contacted Poloniex?
The transaction never leaves my wallet, so there isn't anything Poloniex can do about that. Is your NIS synced ? Please check your system time and see if it's way off. System time is correct and NIS says: "NIS is synchronized! (at block 3691)" at 21:13 current block 3704 Try to restart NIS, maybe that helps. Restarted NIS, now I get: the timestamp is too far in to the future.  EDIT: retried, everything the same, now it "succeeded" and is waiting for a confirmation. EDIT 2: **SUCCES** the transaction is in the blockchain. |
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I also posted this on the NEM forum.
I've tried twice to send XEM to Polo, but the transactions remain on pending and after one hour they time out.
What can I do about this?
I have the latest client (of course), blockchain is synched, my accounts are added correctly.
are you adding the unique message? Yes, I do. The transaction never gets picked up by the blockchain.
Also, have you contacted Poloniex?
The transaction never leaves my wallet, so there isn't anything Poloniex can do about that. Is your NIS synced ? Please check your system time and see if it's way off. System time is correct and NIS says: "NIS is synchronized! (at block 3691)" at 21:13 |
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I also posted this on the NEM forum.
I've tried twice to send XEM to Polo, but the transactions remain on pending and after one hour they time out.
What can I do about this?
I have the latest client (of course), blockchain is synched, my accounts are added correctly.
are you adding the unique message? Yes, I do. The transaction never gets picked up by the blockchain.
Also, have you contacted Poloniex?
The transaction never leaves my wallet, so there isn't anything Poloniex can do about that. |
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I also posted this on the NEM forum.
I've tried twice to send XEM to Polo, but the transactions remain on pending and after one hour they time out.
What can I do about this?
I have the latest client (of course), blockchain is synched, my accounts are added correctly.
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People were allowed to have 2 stakes and if someone have 20stakes he should be kicked out, its simple as that.
That restriction was lifted, I checked before buying multiple stakes on Nxt AE. i am not talking about AE, it was before that when NEM first launched. No one was allowed to claim NEM stake from more than 2 BTT accounts. Incorrect. When I registered it was allowed to claim stakes for family and friends. |
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if you were given the choice to 1) stick with the and allow one sock master that controls 200+ stakes, and another that controls 7x stakes or would you 2) go against the vote and remove these monster sock masters? thats a fuck ton of stakes that could manipulate the market can cause all sort of havoc for years.. is it really worth sticking to a vote to risk something like that?
We can't be sure if the sock puppet list is correct since we don't know what method was used to investigate. |
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NEM's goal was always to have a wide distribution to unique people. We know that having whales risks the success of a crypto currency, so you should all be happy that somebody puts that much effort in it.
And what about this: Start complaining, when you see your stake was removed. Not before that...
That's a selfish move. First I think about the Project itself. This decision will hurt the project. Many questions will arise and NEM will suffer from FUD after release like NXT suffered. Then I think about my friends. And then I think about my own stake which I don't care that much. NEM's goal was always to have a wide distribution to unique people. They are killing their own goal. That's why I said that NEM was derailing from its course as well. FUD is something NEM has dealt with from day 1. Bring it on I guess. Your a Sr. Member and a known NXTer. If you make your case during the extended redemption period you and your friends might get their stakes back. TWinnderD (I'm sure the name rings a bell ?) was in the exact same situation and got most of his stakes back (but then again he just made his case and asked me instead of going striaght into the thread and starting to point fingers). Well I can imagine a lot of people being a "bit surprised" by this... Can't you? I'm not on the list btw, I'm just all about transparency. |
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Why is NEMforum always so slow?
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Hahaha, just checked here again. So he is back? Great news guys. I really hope for you that you can all make 4 times the BTC that you put in to it (like I did) back in january 2014 to make a profit. |
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Hi,
I read your complete whitepaper. What I think of the whitepaper is not relevant for my question, but it is to show that I want to have more knowledge of ARCH before investing.
If these questions have been asked before, I'm very sorry, I must have missed them...
On one of the last pages you say this: "365 days after launch each CEO wallet will be entitled, at request, to ownership rights though notarial deed of a percentage of ARCH LTD".
- I don't see any explanation as to why the notarial deed is given after 365 days. If it is tied in to a real world business and everything is legitimate than paying for the share would entitle me to an immediate transfer of the share in your company.
- Also, where is "ARCH ltd" located, under which jurisdiction?
- Who is your notary and can I contact them and ask about "ARCH ltd"?
- Knowing that digital assets are heavily regulated in a lot of countries (forbidden in quite a few), how do you plan on handeling shares that are bought by citizens from such countries?
Regards,
Mike
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I don't want to sound like a jerk because I really have faith in NEM, but it just doesn't appear to me the NXT AE is really utilized that much, so I kind of feel like we are #1, but it is like being #1 in removing bottlecaps with your forehead...
Just feels like we are over-hyping this a bit.
Have a look at this. There's your answer: http://www.nxtreporting.com/stats.php231 trades in 24h 8590 trades last 30 days |
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