someonesomeone
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:50:47 AM |
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Congrats, that is a nice amount that you got there. Just make sure to put all your efforts into furthering development not to attending a bunch of conferences because from experience with another coin, that doesn't work ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bitcoinuserz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 11:08:12 AM |
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What do you do now to hedge that?
To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds. hey one question devs, what do you guys do with the unsold tokens? burn em?
All 25 Million HEAT are distributed. So each investor receives more than you were prepared for! When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?
The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon. You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed. good shit man ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) So if i had like 10 Heat, approximately how much would i be getting?
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Korean Chinese Translator
Professional Korean translator.
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Kazadar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 12:07:32 PM |
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What do you do now to hedge that?
To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds. hey one question devs, what do you guys do with the unsold tokens? burn em?
All 25 Million HEAT are distributed. So each investor receives more than you were prepared for! When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?
The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon. You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed. good shit man ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) So if i had like 10 Heat, approximately how much would i be getting? I cant do the the exact calculations at the moment but a rough calculation would be around around 15 HEAT.
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durerus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 12:14:00 PM |
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Little less prolly. My guess is 1:1.4
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bitcoinuserz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 12:30:10 PM |
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What do you do now to hedge that?
To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds. hey one question devs, what do you guys do with the unsold tokens? burn em?
All 25 Million HEAT are distributed. So each investor receives more than you were prepared for! When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?
The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon. You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed. good shit man ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) So if i had like 10 Heat, approximately how much would i be getting? I cant do the the exact calculations at the moment but a rough calculation would be around around 15 HEAT. niiiiiice. good shit.
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Korean Chinese Translator
Professional Korean translator.
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LiskEnterprise
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 01:04:37 PM Last edit: August 09, 2016, 06:59:48 PM by LiskEnterprise |
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What is actually being sold on
exchanges
right now?
Is it the HEAT coin - one out of the 25 million?
How are their coins there and should their price reflect the last stage of entry or the new figure of 25 million divided by the total BTC taken in?
I think is about 0.000065 BTC x 25000000 = 1625btc
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Thefrolly
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 03:10:42 PM |
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is there a heat slack?
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Eliphaz Fimk (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 03:32:27 PM |
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Thanks for the wishes etc. There's HEAT slack on Supernet https://sprnt.slack.com/messages/heat/team/heatledger/ however I'm rather a n00b on that area and not able to provide "user support" on how to join it etc. Only able to write there occasionally, we'll have to get someone to take care of that until we get the HEAT forum online. Congrats, that is a nice amount that you got there. Just make sure to put all your efforts into furthering development not to attending a bunch of conferences because from experience with another coin, that doesn't work ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Not a big fan of conferences but it's good to have validation of that opinion. Still spinning the numbers for a good while.
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gotthemeaning
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 06:01:43 PM |
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Can i trade my heat i bought on alcurex or do i wait til September?
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Eliphaz Fimk (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 08:45:31 PM |
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We've got the preliminary number for the distribution multiplier: Number of HEAT coins per stake = 1.45 x stake Numbers based on stuff like this: ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs7AAt9y.png&t=665&c=4R7LQuGkg2hrfQ) What is actually being sold on exchanges right now? Is it the HEAT coin - one out of the 25 million?
It's the stake (credit / ICO token). All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT.
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idolacchacked
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 09:00:43 PM |
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We've got the preliminary number for the distribution multiplier: Number of HEAT coins per stake = 1.45 x stake Numbers based on stuff like this: ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs7AAt9y.png&t=665&c=4R7LQuGkg2hrfQ) What is actually being sold on exchanges right now? Is it the HEAT coin - one out of the 25 million?
It's the stake (credit / ICO token). All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT. how long will this take?
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Eliphaz Fimk (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 09:21:33 PM |
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Week or two, give or take a week ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Could be this week, depends on the final exact figure pending and arrangements required with exchanges.
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Tommyhurley
Newbie
Offline
Activity: 39
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 09:29:35 PM |
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Heat on sale on C-cex for people that mist the ICO..
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Fern
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 09:59:44 PM |
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Can anyone confirm that the HEAT tokens purchased on CCEX are safe. i.e. If CCEX was to fail, the tokens are separate and safe?
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Kazadar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:04:29 PM |
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Can anyone confirm that the HEAT tokens purchased on CCEX are safe. i.e. If CCEX was to fail, the tokens are separate and safe?
At the moment they dont have the real HEAT tokens so you cant really steal them. Once they get swapped for the real HEAT tokens and the blockchain is up they could be stolen like all other crypto. * Edit - Btw I do find it a bit strange that people are already selling under ICO price.
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Eliphaz Fimk (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:15:56 PM |
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Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders. Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed. * Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price.
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Kazadar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:22:29 PM |
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* Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price. I misread it as 1 HEAT ICO token would be 1.45 HEAT. But 0.000065 is only profitable for the fimk investors so I still consider it very low.
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idolacchacked
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:30:58 PM |
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Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders. Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed. * Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price. i understand the buy price will be after we get the extra coins, Kazadar is saying strange that ppl selling lower than the buy price
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pieterjanvh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2016, 10:33:19 PM |
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Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
But C-Cex buyers will also get x1.45 their HEAT, right?
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