[AEON] Aeon Speculation

[generalizethis]

It looks like some ancient symbol for eternal prosperity. Nice.

[adhitthana]

Based on the distribution chart on Bittrex someone holds 400k aeon there. Reading this thread makes me think it may be you. Why not move it to an offline paper wallet? I highly doubt Roger Ver would hold even 1% of that in an exchange long term.

Yes, I don't plan on keeping it there.  I wanted it to stand there for a month as a statement of support for Aeon, but I will be moving it to a variety of sources. 

I'm not sure how it is a statement of support. When I see that I tend to think that the coin is tightly held and not distributed very well. I'd prefer lots of small holders and a wide interest and distribution

[smooth]

Based on the distribution chart on Bittrex someone holds 400k aeon there. Reading this thread makes me think it may be you. Why not move it to an offline paper wallet? I highly doubt Roger Ver would hold even 1% of that in an exchange long term.

Yes, I don't plan on keeping it there.  I wanted it to stand there for a month as a statement of support for Aeon, but I will be moving it to a variety of sources. 

I'm not sure how it is a statement of support. When I see that I tend to think that the coin is tightly held and not distributed very well. I'd prefer lots of small holders and a wide interest and distribution

Every coin has its whales whether they split up their coins into multiple wallets or otherwise disguise the site of their holdings or not. At least AP is being completely transparent about it, and stating that he's going to be spreading it around sponsoring relevant projects like Roger Ver does with BTC. I guess we'll see how it all works out.

[Nxtblg]

Based on the distribution chart on Bittrex someone holds 400k aeon there. Reading this thread makes me think it may be you. Why not move it to an offline paper wallet? I highly doubt Roger Ver would hold even 1% of that in an exchange long term.

Yes, I don't plan on keeping it there.  I wanted it to stand there for a month as a statement of support for Aeon, but I will be moving it to a variety of sources. 

I'm not sure how it is a statement of support. When I see that I tend to think that the coin is tightly held and not distributed very well. I'd prefer lots of small holders and a wide interest and distribution

Fair enough, but that's where AEON is right now. We've got what we've got.

It'd make for an interesting philosophical discussion about which is better: a widely-distributed coin with no whales, or a coin with active whales - but of course the discussion would hinge on how the whales behaved. Since AEON's distribution is what it is, we have to trust americanpegasus to do the right thing.

[adhitthana]

Based on the distribution chart on Bittrex someone holds 400k aeon there. Reading this thread makes me think it may be you. Why not move it to an offline paper wallet? I highly doubt Roger Ver would hold even 1% of that in an exchange long term.

Yes, I don't plan on keeping it there.  I wanted it to stand there for a month as a statement of support for Aeon, but I will be moving it to a variety of sources. 

I'm not sure how it is a statement of support. When I see that I tend to think that the coin is tightly held and not distributed very well. I'd prefer lots of small holders and a wide interest and distribution

Every coin has its whales whether they split up their coins into multiple wallets or otherwise disguise the site of their holdings or not. At least AP is being completely transparent about it, and stating that he's going to be spreading it around sponsoring relevant projects like Roger Ver does with BTC. I guess we'll see how it all works out.

Fair call

[americanpegasus]

It'd make for an interesting philosophical discussion about which is better: a widely-distributed coin with no whales, or a coin with active whales - but of course the discussion would hinge on how the whales behaved. Since AEON's distribution is what it is, we have to trust americanpegasus to do the right thing.

 
  
Satoshi owning 1 million+ bitcoins hasn't stopped it's adoption, nor has Ver's 300,000 bitcoins.  
  
I can't express it mathematically, but it feels intuitive that as long as the 'game' is fair, the distribution isn't that important (so long as a certain threshold isn't breached).  Look at many stocks (even though we all know this is no stock); most people don't care that a large portion is held by initial investors, and most people don't even grasp *why* a stock's price moves.  
  
I think we can all agree that Aeon is beyond fair.  At its darkest hour it was nearly free, and even now that we have rockstar developer support and my big-ass mouth behind it the price is still approximately 1 cent each (which is less than half of what I paid for most of mine, but no worries - being a temporary bag holder on something you believe in is a rite-of-passage).  
  
If you believe in it like I do, you are free to also own 4,000 or 40,000 or even the same 400,000 I have bought (approx. $4000 for 2% of the most sophisticated money to ever exist - that's the Lousiana Purchase^{Lousiana Purchase}).  Over the next few years I'll be spending up to 100,000 of those coins I've bought incentivizing development and new owners of Aeon, but as smooth has said - with them being worth so little that's not going to go very far right now.  It's better to pace ourselves.  
  
I do appreciate everyone's concern.  I feel good about how transparent I've been during my acquisition - especially considering that I could have acquired them before I even made this topic or got involved at all.  I think that should express my good intentions if nothing else.  In my expert and humble opinion, there are only four cryptocurrencies you need to be worried about right now: Bitcoin, Monero, Aeon, and Ethereum as a distant fourth.  Dogecoin shares fifth place as an honorable mention.

[MonsterZeroPrice]

How many coins exist currently and how many coins flood the market each day.

I would further know how often the supply is halfed and when.

[smooth]

How many coins exist currently and how many coins flood the market each day.

I would further know how often the supply is halfed and when.

chainradar has the statistics: http://chainradar.com/aeon/blocks

currently: 9'706'768.103213900000

most recent block: 33.340489620152

daily: about 12k (target block time is 4 minutes)

There is no halving, instead reward declines slightly with every block. By half over every period of about 18 months. It is about half its original rate now.

[DrkLvr_]

Based on the distribution chart on Bittrex someone holds 400k aeon there. Reading this thread makes me think it may be you. Why not move it to an offline paper wallet? I highly doubt Roger Ver would hold even 1% of that in an exchange long term.

Yes, I don't plan on keeping it there.  I wanted it to stand there for a month as a statement of support for Aeon, but I will be moving it to a variety of sources.  

I'm not sure how it is a statement of support. When I see that I tend to think that the coin is tightly held and not distributed very well. I'd prefer lots of small holders and a wide interest and distribution

I have to agree... through the eyes of a new investor this kind of distribution is a red flag imo. also the fact that the big holders of the coin care so little about it that they're willing to leave the coins on an exchange doesn't instil confidence. whenever i'm on bittrex i look at the distribution hoping it'll finally be gone but it never is

[cryptodromeda]

I'm going to call it and say AEON will be baseline 0.0005 following Poloniex adoption.

Anyone want to disagree with this estimation?

[sammy007]

I'm going to call it and say AEON will be baseline 0.0005 following Poloniex adoption.

Anyone want to disagree with this estimation?

First I wanna see it on poloniex. Then I wanna see it @50K. Then I'll agree.
All I know is that AEON is ridiculously cheap now, it takes a few BTC to became a whale-calf, so it's very likely it will perform like a porn star later.

[sammy007]

Regarding listing on poloniex, I don't agree that it can't happen before database, RAM and resources is not a problem for polo since they became a major altcoin exchange and their fees can easily cover such tiny expenses. Human resources is much more expensive and currently they are wasting many human hours to manage all the shitcoins with 0 or close to 0 volume that does not belong there, legacy of their past. It's time consuming job to handle all the forks, problems in these daemons.

I think main reason that AEON still not listed back there is that you, yes, you didn't ask them to re-enable it back. So everyone who has spare minute can go and submit a form on their website to show some love to AEON and poloniex and constructively explain why it's better than probably next coin in their internal queue.

[smooth]

Regarding listing on poloniex, I don't agree that it can't happen before database, RAM and resources is not a problem for polo since they became a major altcoin exchange and their fees can easily cover such tiny expenses. Human resources is much more expensive and currently they are wasting many human hours to manage all the shitcoins with 0 or close to 0 volume that does not belong there, legacy of their past. It's time consuming job to handle all the forks, problems in these daemons.

I never said it can't happen. I said " I'm pretty sure what will happen is they will either relist it because its value and volume grows enough to make it compelling, or they will wait for a database version so the cost of supporting it isn't so high. For an exchange that runs dozens of wallets, needing several gigabytes of RAM for one coin is a big expense."

You could certainly add support costs for another wallet to that expense.

If they really wanted to do it of course they can do it.

I think main reason that AEON still not listed back there is that you, yes, you didn't asked them to re-enable it back. So everyone who has spare minute can go and submit a form on their website to show some love to AEON and poloniex and explain why it's better than probably next coin in their internal queue.

More visible customer demand could help, but please be polite about it and don't make it look like we are trying to flood them with requests.

[LucyLovesCrypto]

Regarding listing on poloniex, I don't agree that it can't happen before database, RAM and resources is not a problem for polo since they became a major altcoin exchange and their fees can easily cover such tiny expenses. Human resources is much more expensive and currently they are wasting many human hours to manage all the shitcoins with 0 or close to 0 volume that does not belong there, legacy of their past. It's time consuming job to handle all the forks, problems in these daemons.

I never said it can't happen. I said " I'm pretty sure what will happen is they will either relist it because its value and volume grows enough to make it compelling, or they will wait for a database version so the cost of supporting it isn't so high. For an exchange that runs dozens of wallets, needing several gigabytes of RAM for one coin is a big expense."

You could certainly add support costs for another wallet to that expense.

If they really wanted to do it of course they can do it.

I think main reason that AEON still not listed back there is that you, yes, you didn't asked them to re-enable it back. So everyone who has spare minute can go and submit a form on their website to show some love to AEON and poloniex and explain why it's better than probably next coin in their internal queue.

More visible customer demand could help, but please be polite about it and don't make it look like we are trying to flood them with requests.

I hope they add it. Poloniex seems to have consistently more volume than Bittrex for most CryptoNote coins

[TPTB_need_war]

I finally issued the transfer of ion.cash to the liason selected by smooth. We had attempted a transfer to smooth's account at another registrar, but it wasn't working. So I have issued the transfer it to the assigned liason's GoDaddy account on GoDaddy. Apologies it took so long as I was ignoring private messages due to being overloaded on "too many priorities" and "sleepless brain fog". Or for a better way of stating it, feeling like a chicken with my head cut off trying to jumble (as opposed to juggle) too many things.

As an example, I spoke to my gf tonight "could you fetch me a favor" which while I was speaking it in real time I literally caught my brain autonomously merging "can I ask you for a favor to go fetch me a glass of water". We both laughed as I realized I was shortening the phrase while speaking it but was too late and so I just smiled while completing it. That is indicative of what I been dealing with time wise, mentally, feeling of pressure, health, etc.. I wonder what I will be able to recall from this stage of my life after it is done (given it is all smashed together in a mad jumble).

[americanpegasus]

whenever i'm on bittrex i look at the distribution hoping it'll finally be gone but it never is

 
  
I hear your complaints, and am already working on resolving them.    
  
 
  
Regarding Poloniex, I feel like it is a 100% certainty they will relist Aeon in the next 12 months, so it doesn't bother me.  I've already asked the moderators about it, and received what I felt was a positive (though vague and non-committal) response.

[boolberry]

whenever i'm on bittrex i look at the distribution hoping it'll finally be gone but it never is

 
  
I hear your complaints, and am already working on resolving them.    
  
 
  
Regarding Poloniex, I feel like it is a 100% certainty they will relist Aeon in the next 12 months, so it doesn't bother me.  I've already asked the moderators about it, and received what I felt was a positive (though vague and non-committal) response.

You have my support for an Aeon Poloniex listing whenever you think the time to request it is appropriate. Having a critical mass of legitimate CryptoNote coins to trade in one place is helpful for both users and exchange volume. I would like to see Shapeshift add both Aeon and Boolberry for the same reason.

[americanpegasus]

A.E.O.N. 
 
All of Earth, One Network? 
 
America, Europe, O?, N? 
 
Anonymous Electronic Online Note?

[smooth]

I finally issued the transfer of ion.cash to the liason selected by smooth. We had attempted a transfer to smooth's account at another registrar, but it wasn't working. So I have issued the transfer it to the assigned liason's GoDaddy account on GoDaddy. Apologies it took so long as I was ignoring private messages due to being overloaded on "too many priorities" and "sleepless brain fog". Or for a better way of stating it, feeling like a chicken with my head cut off trying to jumble (as opposed to juggle) too many things.

As an example, I spoke to my gf tonight "could you fetch me a favor" which while I was speaking it in real time I literally caught my brain autonomously merging "can I ask you for a favor to go fetch me a glass of water". We both laughed as I realized I was shortening the phrase while speaking it but was too late and so I just smiled while completing it. That is indicative of what I been dealing with time wise, mentally, feeling of pressure, health, etc.. I wonder what I will be able to recall from this stage of my life after it is done (given it is all smashed together in a mad jumble).

Thank you for the donation.

[sammy007]

A.E.O.N. 
 
All of Earth, One Network? 
 
America, Europe, O?, N? 
 
Anonymous Electronic Online Note?

LOL, I also tried to decrypt this acronym yesterday.