[ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*

[PondSea]

Everyone had the chance to buy FIMK.
This benefit was given from the Devs to trustly fimk folders.

so why do you cry?

Because it's not logical or good practise to give more advantages to dead coin bagholders than to people who actually support the development fund.

well said

You forget that FIMK ICO raised over 700BTC two years ago and now devs are switching to HEAT using technology developed with those funds (I am not saying they are completely dumping FIMK).

Yes, but you are (or at least I am) investing in technology of the future. Why does it have to be responsible for mistakes in the past?
I have made a few terrible investments myself and I had to suck it up and get on with it... It was their own choice back then to donate to the development of a now worthless coin.
Anyway, as an investor who was not into FMK, this is a terrible disadvantage and the way this is handled will always be in the back of my head.
I hope one of the devs can clarify their reasoning behind all this.

Don't get me wrong, I 100% agree that there should be a way for FMK users to buy in to the ICO.
I just don't understand why it has to be more of an advantage to buy in with FMK instead of BTC, because the latter can actually be used to develop HEAT into what they want it to be.

This is stupidity at its finest.

The underlying tech was from FIMK who's investors put in 700BTC to develop the tech. The ICO gave people the option to invest with whichever coin they wanted and it is up to the dev how to do it. You knew about everything up front but now you complain.

If you think you got disadvantaged tell us the method you purchased with and im sure someone will buy your investment at ICO prices.

[pieterjanvh]

Everyone had the chance to buy FIMK.
This benefit was given from the Devs to trustly fimk folders.

so why do you cry?

Because it's not logical or good practise to give more advantages to dead coin bagholders than to people who actually support the development fund.

well said

You forget that FIMK ICO raised over 700BTC two years ago and now devs are switching to HEAT using technology developed with those funds (I am not saying they are completely dumping FIMK).

Yes, but you are (or at least I am) investing in technology of the future. Why does it have to be responsible for mistakes in the past?
I have made a few terrible investments myself and I had to suck it up and get on with it... It was their own choice back then to donate to the development of a now worthless coin.
Anyway, as an investor who was not into FMK, this is a terrible disadvantage and the way this is handled will always be in the back of my head.
I hope one of the devs can clarify their reasoning behind all this.

Don't get me wrong, I 100% agree that there should be a way for FMK users to buy in to the ICO.
I just don't understand why it has to be more of an advantage to buy in with FMK instead of BTC, because the latter can actually be used to develop HEAT into what they want it to be.

This is stupidity at its finest.

The underlying tech was from FIMK who's investors put in 700BTC to develop the tech. The ICO gave people the option to invest with whichever coin they wanted and it is up to the dev how to do it. You knew about everything up front but now you complain.

If you think you got disadvantaged tell us the method you purchased with and im sure someone will buy your investment at ICO prices.

Commenting on legitimate concerns with absolutely no answer on my questions and then calling it stupidity at its finest. How ironic.
I have no intention of selling my HEAT any time soon. I always invest long term (sadly one of the reasons why I got burned a lot in the past).
I'm just wondering what the devs reasoning was and is. You obviously can not answer that, so why even bother?

[Jack Needles]

Commenting on legitimate concerns with absolutely no answer on my questions and then calling it stupidity at its finest. How ironic.
I have no intention of selling my HEAT any time soon. I always invest long term (sadly one of the reasons why I got burned a lot in the past).
I'm just wondering what the devs reasoning was and is. You obviously can not answer that, so why even bother?

Nothing stopped you from buying your HEAT share with FIMK.

I posted the pricing levels several times in this thread and FIMK was quite often the obvious best buying choice.  Just because you were not smart enough to make good trades doesn’t mean the developers should change the rules to match your opinions.

As for original FIMK investors, many were invested because of the team behind it, not the “coin” — it would have been a far bigger mistake to abandon FIMK supporters (Who, quite frankly, seem to have paid for one man year of HEAT development).

All in all, I think the developers found a good compromise.

(And, despite your claims I believe FIMK is far from a dead coin.  It’s taking a nap, and grossly undervalued.)

[spendawgs]

Everyone had the chance to buy FIMK.
This benefit was given from the Devs to trustly fimk folders.

so why do you cry?

Because it's not logical or good practise to give more advantages to dead coin bagholders than to people who actually support the development fund.

well said

You forget that FIMK ICO raised over 700BTC two years ago and now devs are switching to HEAT using technology developed with those funds (I am not saying they are completely dumping FIMK).

Yes, but you are (or at least I am) investing in technology of the future. Why does it have to be responsible for mistakes in the past?
I have made a few terrible investments myself and I had to suck it up and get on with it... It was their own choice back then to donate to the development of a now worthless coin.
Anyway, as an investor who was not into FMK, this is a terrible disadvantage and the way this is handled will always be in the back of my head.
I hope one of the devs can clarify their reasoning behind all this.

Don't get me wrong, I 100% agree that there should be a way for FMK users to buy in to the ICO.
I just don't understand why it has to be more of an advantage to buy in with FMK instead of BTC, because the latter can actually be used to develop HEAT into what they want it to be.

This is stupidity at its finest.

The underlying tech was from FIMK who's investors put in 700BTC to develop the tech. The ICO gave people the option to invest with whichever coin they wanted and it is up to the dev how to do it. You knew about everything up front but now you complain.

If you think you got disadvantaged tell us the method you purchased with and im sure someone will buy your investment at ICO prices.

Rudeness at its finest. Its a valid question and obviously you dont know the answer.

[pieterjanvh]

Commenting on legitimate concerns with absolutely no answer on my questions and then calling it stupidity at its finest. How ironic.
I have no intention of selling my HEAT any time soon. I always invest long term (sadly one of the reasons why I got burned a lot in the past).
I'm just wondering what the devs reasoning was and is. You obviously can not answer that, so why even bother?

Nothing stopped you from buying your HEAT share with FIMK.

I posted the pricing levels several times in this thread and FIMK was quite often the obvious best buying choice.  Just because you were not smart enough to make good trades doesn’t mean the developers should change the rules to match your opinions.

As for original FIMK investors, many were invested because of the team behind it, not the “coin” — it would have been a far bigger mistake to abandon FIMK supporters (Who, quite frankly, seem to have paid for one man year of HEAT development).

All in all, I think the developers found a good compromise.

(And, despite your claims I believe FIMK is far from a dead coin.  It’s taking a nap, and grossly undervalued.)

Actually, knowing that the devs would accomplish nothing with my now worthless FIMK stopped me from buying with FIMK. It's not about not being smart enough, it's about funding a project you believe in and hoping it pays off.
I did the same with Lisk, it would've been cheaper to buy XCR first and buy Lisk that way, but I didn't do that because that does not help the development fund at all.
You pretty much made my point with the rest of your comment. It was way cheaper to buy with FIMK than BTC/ETH/NXT indeed. So why reward them again with extra HEAT even though the HEAT put aside for FIMK holders were completely sold out?

I'm sorry for hammering on this and I appreciate your comments, but nobody was able to give me a decent answer and I suggest you leave that to the developers. Only they can explain how they came up with it and how they are going to handle things.

[Jack Needles]

it's about funding a project you believe in and hoping it pays off.

I think this is an important point, and will answer to my best understanding (I’d like for developers to correct me if I’m wrong).

From the information I’ve gathered, the ideas for HEAT began as a FIMK improvement and software development was originally targeted for FIMK.  But the business atmosphere was not friendly to the non-profit governance of FIMK.  Hence the new HEAT Ledger Ltd venture.

Still, the developers put in at least 6 months/2 men (1 man year) working on the improvements which would became HEAT.

Those 6 months were done without HEAT ICO money, they were done (presumably) with FIMK ICO money.

So FIMK supporters pre-paid for 1 man year of HEAT development  and HEAT ICO supporters pay to continue the development of the platform.

[MoveCrypto]

It was a great move to give FIMK holders a buyout.  Just like Lisk gave Crypti holders a buyout.

Imagine if years from now the heat devs switch to a new project with a new ico.  And they are building the new project on the heat tech, which you paid for with your heat investment and also the opportunity cost of holding heat for years and trusting the devs to deliver.

You would surely be demanding that heat investors receive a buyout from the new project ico in that situation.

[Fatty]

It was a great move to give FIMK holders a buyout.  Just like Lisk gave Crypti holders a buyout.

Imagine if years from now the heat devs switch to a new project with a new ico.  And they are building the new project on the heat tech, which you paid for with your heat investment and also the opportunity cost of holding heat for years and trusting the devs to deliver.

You would surely be demanding that heat investors receive a buyout from the new project ico in that situation.

My question is how many heat do i get for my investment (BTC) I am not sure if I am misiing something but how can you find this out? Is there a place i put my btc address in to find my holdings or what?
 Also will heat be listed on Poloniex on September 5 when the wallet is released??

[tetra]

I bought with BTC, I knew how the funding was gonna be, they said that the FIMK will "most probably" not be sold but burned.

Fucking assholes trying to get some advantages after the ICO

Just shut up trollkids.

[MoveCrypto]

I bought with BTC, I knew how the funding was gonna be, they said that the FIMK will "most probably" not be sold but burned.

Fucking assholes trying to get some advantages after the ICO

Just shut up trollkids.

It's possible they are fudding to try to scoop up more heat iou at ico price on ccex

[bedskills]

FIMK was the shit coin, devs got rich, bought villa in Helsink, never liseted on big exchanges, i am sure this heat is also shit scam.

[Kazadar]

It was a great move to give FIMK holders a buyout.  Just like Lisk gave Crypti holders a buyout.

Imagine if years from now the heat devs switch to a new project with a new ico.  And they are building the new project on the heat tech, which you paid for with your heat investment and also the opportunity cost of holding heat for years and trusting the devs to deliver.

You would surely be demanding that heat investors receive a buyout from the new project ico in that situation.

My question is how many heat do i get for my investment (BTC) I am not sure if I am misiing something but how can you find this out? Is there a place i put my btc address in to find my holdings or what?
 Also will heat be listed on Poloniex on September 5 when the wallet is released??

No there is nowhere you can see the exact number of HEAT you own at the moment. Best way to do it is to use the info on the ICO page to calculate how much you have.

Also its highly unlikely that it will be listed on Polo at launch. Later maybe but very few coins have been listed on launch day.

[idolacchacked]

First of all I would like to thank Dennis and Svante for creating this investment opportunity for us. I think HEAT has the potential to become great. First, I invested using NXT (Stage 2), average price was 0.00020 BTC. Then, after reading the tables by Jack Needles on this forum I realised that NXT was by far the worst possible investment option. Instead of complaining, I invested more using both ETH Stage 2 for 0.00011 and BTC Stage 2 for 0.00013. Finally, during the last week of the ICO I managed to buy some FIMK and invest with those in Stage 4 at 0.00008. My average cost is about 0.00015 per HEAT. Everyone else could have done the same as I did - all the information was publicly available. For simplicity, I think the factor 1.45 should be applied to all options (NXT, FIMK, BTC, ETH). Otherwise it can become very complicated. For example, should the NXT investors be compensated more than BTC investors, since they paid almost twice the amount per HEAT?

did you have to make new account just to make this post?

anyway that sounds fair

[riceberry]

FIMK was the shit coin, devs got rich, bought villa in Helsink, never liseted on big exchanges, i am sure this heat is also shit scam.

"August 09 registred" .. have balls and write with your main account.

I will never understand people making sockpuppets. I am transparent, I made this account in 2011, one account, but now I mainly go by 'proto' on slack channels.

[someonesomeone]

Great! Which services are you talking about and with who is the JV with?

Early alpha wallet teaser and tempnet are about ready, with github repo to be published. We can't however release it before next week because there's no time for deployment - we've got some long term HEAT joint-venture tech preparations going on these days requiring full time attention during the next 3 days. These preparations are part of the licensed services HEAT is supposed to offer later this year.

[bitcoinuserz]

How about heat starting telegram chat? There are a lot of telegram chat these days and I am in with many groups.

[o48o]

How about heat starting telegram chat? There are a lot of telegram chat these days and I am in with many groups.

This! ...And official slack.

[riceberry]

How about heat starting telegram chat? There are a lot of telegram chat these days and I am in with many groups.

This! ...And official slack.

The #heat channel on supernet is nice, because I am on supernet too. Although I think an official slack would be a great idea ! Please launch one !

[kjadB]

It was a great move to give FIMK holders a buyout.  Just like Lisk gave Crypti holders a buyout.

Imagine if years from now the heat devs switch to a new project with a new ico.  And they are building the new project on the heat tech, which you paid for with your heat investment and also the opportunity cost of holding heat for years and trusting the devs to deliver.

You would surely be demanding that heat investors receive a buyout from the new project ico in that situation.

+1
I wish jl777 and Sasha from waves took this option of letting 'old' investors exchange for a stake in 'new' ventures. I'm not saying those guys are scammers, but both have created new projects that haven't really honored commitments to previous investors

jl777: from NXTventure > InstantDEX >  BTCD > SuperNET  > crypto777 .... if you invested in NXTventure back in early 2014 and none of the later assets your share in jl777's enterprises has been diluted into oblivion, same for InstantDEX, but less so. SuperNET & BTCD bagholders have bled the NXTventure & InstantDEX stakeholders share in 'jl777 inc' down by at least 75%.

Sasha from WAVES is basically doing the same thing, diluting previous investors in his many NXT assets share of his WAVES 'empire' down to peanuts. There was a swap, but it wasn't made clear during the WAVES ICO that the coinomat operations were being sold or abandoned, and not included in WAVES platform. Obviously insiders like jl777 were told (he exchanged all his coinomat bases assets for WAVES), but afaik regular guys didn't hear of these plans until after the WAVES ico finished

I like that FIMK bagholders were offered a parachute in full view.

[Eliphaz Fimk]

Great! Which services are you talking about and with who is the JV with?

The services are related to licensed fiat money transfer and other financial applications utilizing the HEAT technology. Partnerships will be made public at the time or shortly before the services are available. At this moment the implementation is still work in progress, and now we have again switched focus to HEAT core while licenses, UI design etc. on that other side are pulling forward.

Meanwhile we're sweating our assess off this week in order to release the HEAT Genesis block on Sept 5th, remember to check out some interesting ICO babble among other easygoing reading at the last two Crypto roundups released in a bit of shadows -

http://heatledger.ghost.io/crypto-roundup-6/
http://heatledger.ghost.io/crypto-roundup-7/