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Author Topic: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*  (Read 418478 times)
psychosis7
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January 03, 2017, 06:45:48 PM
 #2141

Well you guys invested in something that wasn't built yet. So... wait.

This is why I don't do ICOs. You can get the coins on an exchange afterward and sometimes cheaper than the initial ICO.

Anyhow, I hope everything works out for HEAT. I would like to see this thing come to fruition.
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January 03, 2017, 07:33:57 PM
 #2142

Well you guys invested in something that wasn't built yet. So... wait.

This is why I don't do ICOs. You can get the coins on an exchange afterward and sometimes cheaper than the initial ICO.

Anyhow, I hope everything works out for HEAT. I would like to see this thing come to fruition.

Personally , i have no problem waiting for the release , and i can surely understand that there will be delays especially in new tech platforms . The lack of information from HEAT's part is my main concern . 

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January 04, 2017, 01:18:38 AM
 #2143

It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.

Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.

About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:

In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;

Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers

Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals

Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance

Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations


That's a few... Indeed quite an eye-opening exercise to write it up! Smiley

Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.

In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies Wink

We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.

The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.

"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.

I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.

I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.

In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

         
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January 04, 2017, 01:21:26 AM
Last edit: January 04, 2017, 04:23:28 AM by StewieG
 #2144

@HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!




It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.

Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.

About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:

In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;

Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers

Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals

Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance

Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations


That's a few... Indeed quite an eye-opening exercise to write it up! Smiley

Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.

In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies Wink

We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.

The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.

"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.

I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.

I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.

In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

THIS IS AN EDIT TO THE LAST COMMENT WHICH WAS POSTED A FEW SECOND BEFORE I POSTE THE ABOVE!:

Thanks for implying I would belong to the non inteligent ones of your community you high nosed condescending cunt! Yes I can read between the lines! Thanks for writing such a long text, In guess you did that so nobody will read the whole thing, or if they did,  would feel sorrow for you! But let me telll you a big fat fuck you! You still try to avoid me directly! Yes people can see that! Instead you pretend to answer my very legitimate questions by writing long bullshit texts and avoid to answer my questions! The one question you answered so far was when the coin will probably come out, fine, I can live with that answer! Other questions you avoided. Yes I can name you a project that told people everything about their expenses, ETHEREUM, they even had ads about hiring people with a concrete salary and  you think Vitalik would keep it a secret how much he takes out of the funds?! I bet he works for free on the project, but that is not the point right now. You snobs try to avoid any specifics and are pissing a lot of people off right now! At last now you are "kind of" admitting that you didn't meet the deadlines you provided. This you should have done a long time ago, instead  you tried to blame it on your investors and pretended that we were the retards that didn't know what the deadlines were, when clearly you were the ones who were incompetent to know your own promises! You guys are just the worst, I have never seen such shameless cryptoscammers in my entire experience in the cryptoworld! Shame on you" And if you are man enough you can address me personally and don't need to pretend that you answer somebody else's questions when you are clearly responding to my comments! Provide a sheet of all your expenses and the salary you two fucktards paid yourself! You talk about oh I don't have a 10k salary, you think I fell sorry now!? You guys piss me off so hard, this is unfuckingbelieveable!

P.S.:
"Financial: Company Budgeting - creating investor decks and brochures - ", are those points out of some management book?! The task you list, the way you list them, it is so not credible, just provide one of those "...  writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents -...", please, I just want to see some actual work... xD

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January 04, 2017, 01:30:01 AM
 #2145

It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.

Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.

About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:

In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;

Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers

Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals

Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance

Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations


That's a few... Indeed quite an eye-opening exercise to write it up! Smiley

Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.

In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies Wink

We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.

The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.

"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.

I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.

I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.

In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

Sounds like we are still on the launch pad, checking all systems before takeoff


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January 04, 2017, 01:48:42 AM
 #2146

@HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!

 

Haha and there we have it folks...


Seriously mate, you've posted in this thread over 70 times, most of which have been repetitive, childish, fud filled posts and you're still asking why they aren't answering your questions...you been blocked pal!!!

You do realize who you're hurting with all this, don't you.  If you had spent an equal amount of time and energy spreading honey through half the posts that you've written, you'd be a lot farther in your journey for answers. I can only hope that you don't inefficiently row your douche canoe through your day life like you do here, because there are much more effective and happier ways of getting what you want....
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January 04, 2017, 01:57:10 AM
Last edit: January 04, 2017, 02:08:50 AM by StewieG
 #2147

@HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!



Haha and there we have it folks...


Seriously mate, you've posted in this thread over 70 times, most of which have been repetitive, childish, fud filled posts and you're still asking why they aren't answering your questions...you been blocked pal!!!

You do realize who you're hurting with all this, don't you.  If you had spent an equal amount of time and energy spreading honey through half the posts that you've written, you'd be a lot farther in your journey for answers. I can only hope that you don't inefficiently row your douche canoe through your day life like you do here, because there are much more effective and happier ways of getting what you want....
Dont't worry I know you paid with FIMK! Respod to my arguments, metaaargumentation won't bring you anywhere my friend!

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January 04, 2017, 07:35:46 AM
 #2148

Question:

What will happen with those who kept some FIMK?

I for one can provide a channel for FIMK owners to get value of their investment. I have been running a webstore, delivering keys to a good, healthy lifestyle for FIMK investors, and plan to keep on doing that. So far I haven't shipped products outside of Finland but I think when HEAT launches I will broaden the spectrum a little bit Wink

The webstore where you can buy with FIMK - http://www.fimkland.fi/kauppa/

And the upcoming for HEAT - http://www.heatland.fi/

And if you want to get rid on your FIMK's now, just PM me and I can make you an offer to buy them.

Just wondering if it's even worth keeping them, will it still have support in future after HEAT launches?
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January 04, 2017, 08:48:59 AM
 #2149

Just wondering if it's even worth keeping them, will it still have support in future after HEAT launches?
Can't tell what you consider worth keeping, however the association has committed to supporting the FIMK network for at least 4 years, of which 2.5 have passed. There are currently about 10 active nodes and 15 forgers at any one time, the same average as it has been during the past couple of years.

We have some low priority FIMK projects in progress. The FIMK token isn't a speculation token, however it's in our own interests to make it appreciate in value. We occasionally do work towards that goal when time allows.

It's intended that FIMK would eventually become integrated into the HEAT multicurrency wallet.

         
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LemonAndFriesOne
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January 04, 2017, 09:16:10 AM
 #2150

Just wondering if it's even worth keeping them, will it still have support in future after HEAT launches?
Can't tell what you consider worth keeping, however the association has committed to supporting the FIMK network for at least 4 years, of which 2.5 have passed. There are currently about 10 active nodes and 15 forgers at any one time, the same average as it has been during the past couple of years.

We have some low priority FIMK projects in progress. The FIMK token isn't a speculation token, however it's in our own interests to make it appreciate in value. We occasionally do work towards that goal when time allows.

It's intended that FIMK would eventually become integrated into the HEAT multicurrency wallet.


I never bought into it because of speculation, the inital was because it seemed like a good idea of what your team was trying to do. The whole basic income idea I liked, and this was when it was just known to be a Finnish coin.

Thanks for the answer, I just kind of held on to my FIMK for 2+ years and I like the HEAT idea, I just don't know how much of the original concept is still in HEAT.
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January 04, 2017, 03:10:25 PM
 #2151

Devs, don't forget to contact Bittrex in advance. Being listed there ASAP after launch would be nice.

In other news I am quite impressed how well the price is holding despite all the FUD. Most alts fell down during the BTC rally and only now they are recovering and HEAT is quite strong. Of course HEAT/BTC ratio might not look that well at first sight but remember how cheap was BTC back then during the presale and how strong it is now. Well done!

Well for the moment we're at half the BTC Stage 2 ICO price... So not that good.
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January 04, 2017, 03:25:46 PM
 #2152

Devs, don't forget to contact Bittrex in advance. Being listed there ASAP after launch would be nice.

In other news I am quite impressed how well the price is holding despite all the FUD. Most alts fell down during the BTC rally and only now they are recovering and HEAT is quite strong. Of course HEAT/BTC ratio might not look that well at first sight but remember how cheap was BTC back then during the presale and how strong it is now. Well done!

Well for the moment we're at half the BTC Stage 2 ICO price... So not that good.

Look at the orderbooks though.  A few small trades every couple of days and less than 1 btc for sale under btc stage 2 ico price.  It's probably less than 5% of supply that is circulating on those exchanges too.

Heat was a great ico to buy into.  I get the impression the investors are a group of long-term holders.  Innovative crypto 3.0 with unlimited scalability.  It's a recipe for serious gains.

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January 04, 2017, 03:32:30 PM
 #2153

Devs, don't forget to contact Bittrex in advance. Being listed there ASAP after launch would be nice.

In other news I am quite impressed how well the price is holding despite all the FUD. Most alts fell down during the BTC rally and only now they are recovering and HEAT is quite strong. Of course HEAT/BTC ratio might not look that well at first sight but remember how cheap was BTC back then during the presale and how strong it is now. Well done!

They state in their forum, that they are not going to be listed on major exchanges.

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January 04, 2017, 03:39:48 PM
 #2154

@Eliphaz:
An expense sheet is a list with all your expenses. As you stated earlier, you had to pay a lot of taxes, thus you need to have your expenses noted somewhere.

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January 04, 2017, 03:52:22 PM
 #2155

I still think that not being listed on any of the major exchanges is a big mistake. @Eliphaz why do you think that it is a good idea to go down this path? Not fudding, but asking an actual question... With only 3BTC needed to list on Bittrex the small expense surely outweighs the massive return that it could bring back.

Devs, don't forget to contact Bittrex in advance. Being listed there ASAP after launch would be nice.

In other news I am quite impressed how well the price is holding despite all the FUD. Most alts fell down during the BTC rally and only now they are recovering and HEAT is quite strong. Of course HEAT/BTC ratio might not look that well at first sight but remember how cheap was BTC back then during the presale and how strong it is now. Well done!

They state in their forum, that they are not going to be listed on major exchanges.
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January 04, 2017, 04:11:23 PM
Last edit: January 04, 2017, 04:45:29 PM by Eliphaz Fimk
 #2156

not being listed on any of the major exchanges is a big mistake. @Eliphaz why do you think that it is a good idea to go down this path?
I can't recall stating we decline from listing on major exchanges. We just don't put resources on all the required a**licking as we really have some real business to do instead, such as preparing the decentralized BTC/HEAT exchange that runs from within the HEAT wallet.

Quote
With only 3BTC needed to list on Bittrex
Not true, as I've described earlier. Prior to HEAT ICO I've talked to Bittrex personally about listing HEAT, filled all their required questionnaires and specifically asked if anything else in addition to that and paying the 3 BTC fee is needed. Got a canned reply, responded to that, and never received another reply. It'll be a while before I'll "do business" with them again, as I don't have time for that kind of games. If somebody wants to get HEAT listed on Bittrex ASAP, feel free to arrange it. The company will gladly pay you 3.3 BTC when HEAT is listed.

To clarify, according to the canned reply Bittrex's "policy is to not comment on whether we will launch coins but we only add coins under active development with high community demand. We gauge demand based off of tweets, hash power, length of bitcointalk thread, volume on other exchanges, etc. Follow us on twitter @bittrexexchange and tweet about how much you like this coin and Bittrex."

Quite vague if you ask me... so not having time for that doesn't mean I put myself above others, but the fact that when we don't even know what's required doesn't warrant pursuing that channel when I really do have a long queue of business to do. Sure HEAT could be tweeting every day: "Hey, BTW we love Bittrex! We also love HEAT, because we developed it!"  but I don't think that'd very useful nor would it likely fulfill their unknown criteria. If you wanna show them enough love it would likely be great. And if HEAT is listed provably through your individual activity mainly, we'll pay you the 0.3 BTC extra Smiley

         
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January 04, 2017, 04:55:58 PM
 #2157

If somebody wants to get HEAT listed on Bittrex ASAP, feel free to arrange it. The company will gladly pay you 3.3

Just sent them an email, asking for them to look into the original application. Lets see what happens.
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January 04, 2017, 05:11:19 PM
 #2158

If somebody wants to get HEAT listed on Bittrex ASAP, feel free to arrange it. The company will gladly pay you 3.3

Just sent them an email, asking for them to look into the original application. Lets see what happens.

They're usually more responsive if you chat in their slack

bittrex.slack.com

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January 04, 2017, 06:24:04 PM
 #2159

If somebody wants to get HEAT listed on Bittrex ASAP, feel free to arrange it. The company will gladly pay you 3.3

Just sent them an email, asking for them to look into the original application. Lets see what happens.

They're usually more responsive if you chat in their slack

bittrex.slack.com

tried to do that with nexium. didnt work, didnt get any respond.  dont underestimate the asslicking part. continually over a longer period.

having relationships with other projects and licking their asses is also very important.
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January 04, 2017, 06:28:52 PM
 #2160

I am looking to sell my heat for a good enough price.

Please PM me asap.

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