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Author Topic: [ANN][HLM] HELIUM  (Read 189210 times)
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mdude77
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September 18, 2017, 03:38:53 AM
 #901

One can't make Helium coins out of thin air.  For there to be an even one to one swap, the Helium coins have to already exist.  That means the project has to be far enough along and mined enough to provide the equivalent amount of Helium coins as exist in the snapshot.

Right?

Re the spread price drop, that could also be because of the overall drop in cryptocoin price, as everything still follows BTC, and BTC got hit hard with China's ICO ban.

Still it would go a long way for the dev to post something here.

M

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September 18, 2017, 09:55:16 AM
 #902

[

Re the spread price drop, that could also be because of the overall drop in cryptocoin price, as everything still follows BTC, and BTC got hit hard with China's ICO ban.

I think the price drop started well before the China news hit. Someone either knew a delay was coming or even knew the project will never finish.
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September 18, 2017, 11:17:16 AM
 #903

[

Re the spread price drop, that could also be because of the overall drop in cryptocoin price, as everything still follows BTC, and BTC got hit hard with China's ICO ban.

I think the price drop started well before the China news hit. Someone either knew a delay was coming or even knew the project will never finish.

And someone may spreading FUD to accumulate more coins? Could be everything. So let´s wait and see....
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September 18, 2017, 04:06:21 PM
 #904

[

Re the spread price drop, that could also be because of the overall drop in cryptocoin price, as everything still follows BTC, and BTC got hit hard with China's ICO ban.

I think the price drop started well before the China news hit. Someone either knew a delay was coming or even knew the project will never finish.

There seems to be a few factors, Helium is almost certainly the prime mover in Spread pricing ATM, but Spread also has had something of a mining boom in the past month too, and when miners come in generally the price benefits as well (heavy mining usually causes a price rise because miners are then active on that coins markets).

I think the Helium anticipation and the mining hype were a two-pronged pump, and with the ICO/Exchange bans causing the FUD of the month, PLUS the delay/lack of communication out of this project caused some spread-helium speculators to loosen their grip.

Helium as an overall project concept is still quite solid and novel, it's for that reason I'm interested in it.  Novel uses with real world applications are what will drive long-term viability, however, the teams behind those ideas need to be able to deliver on them.  In the early days of this pre-notice I saw more upfront and timely communication than I have in the past two months supposedly shortly before their first major go-live, which is more than a little troubling.

I bought my spread in the VERY early days of this pre-ann so it could dump quite a bit more before I'd be at a loss, but it's still sad to see the stagnation.

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September 18, 2017, 10:02:51 PM
 #905

Maybe this delaying, radio silence
(on this thread anyway, I would assume all the slack stuff gets relayed here quite promptly) is all part of the big plan.
You know, build up the suspense (and price), aligning the ducks, etc .
And thats not to say thats a bad thing.I still have total faith in this project.

Patience is a virtue, especially in this space.
Slow and steady wins the race.... (oh wow! that rhymes... how quaint!)


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September 19, 2017, 06:59:03 AM
 #906

There's a pump at Bittrex price now! Probably there's some news coming out!  Grin

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September 19, 2017, 07:18:45 AM
 #907

I think this project is one of the long-term projects that convinces me because I see dev and the developer of the salang project helps also enthusiasts to this project is also quite a lot
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September 19, 2017, 03:46:28 PM
 #908

Maybe this delaying, radio silence
(on this thread anyway, I would assume all the slack stuff gets relayed here quite promptly) is all part of the big plan.
You know, build up the suspense (and price), aligning the ducks, etc .
And thats not to say thats a bad thing.I still have total faith in this project.

Patience is a virtue, especially in this space.
Slow and steady wins the race.... (oh wow! that rhymes... how quaint!)



Agreed, it's very easy to get lost in the insane short term swings people see in this world.

The helium plan is very good, and I always hope to see development teams work intelligently, I'm just cynical from how many projects I've seen NOT pan out.

I'm still waiting patiently with my spread in my wallet.

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grapevin
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September 19, 2017, 09:51:00 PM
 #909

There's a pump at Bittrex price now! Probably there's some news coming out!  Grin

not much of a pump yet but i hope you are right.
basic technical analysis (draw line along lows) shows we just bounced at the right place on the 1 hr chart.

I am looking for a new bounty campaign!
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September 20, 2017, 03:50:33 PM
 #910

Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date. This is subject to exchange confirmation, so it is subject to change. As you can tell, we could do with a bit more time to get confirmations from third parties, but we understand the frustrations some people have to just wanting to get on.

The snapshot process itself will happen a day or two after this block height to give the blockchain time to settle and blocks to confirm.

The launch date will follow soon after, but we haven't finalised a date for that yet. We will start mining for around 4 days which gives us time to generate the pre-mine coins we will need based on the snapshot data. We'll do some reconciliations with the exchange.

During the mining process, we'll be earning rewards, which we'll probably burn.

We won't be giving out dates on the actual launch until:

1. We have a pool up and running (we have a pool operator launching with us)
2. The wallets are compiled and ready
3. Github is up with the latest source
4. The budget proposals website is up (it is actually up just needs to run off Heliumd)
5. We have the green light from the exchange that we've agreed on the reconciliation of accounts)

Once the exchange is 100% happy, we'll give more details.

If anyone has technical skills and wants to run the snapshot script as a test, please feel free.
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September 20, 2017, 04:24:01 PM
 #911

Thanks for the info!!

I read this as snapshot in < 10 days, assuming a block a minute, which right now appears to be a low estimate.  Correct?

Should we be holding out coins in our wallet, or at an exchange?  Since you didn't mention an exchange, I'm assuming the former.

M

Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date. This is subject to exchange confirmation, so it is subject to change. As you can tell, we could do with a bit more time to get confirmations from third parties, but we understand the frustrations some people have to just wanting to get on.

The snapshot process itself will happen a day or two after this block height to give the blockchain time to settle and blocks to confirm.

The launch date will follow soon after, but we haven't finalised a date for that yet. We will start mining for around 4 days which gives us time to generate the pre-mine coins we will need based on the snapshot data. We'll do some reconciliations with the exchange.

During the mining process, we'll be earning rewards, which we'll probably burn.

We won't be giving out dates on the actual launch until:

1. We have a pool up and running (we have a pool operator launching with us)
2. The wallets are compiled and ready
3. Github is up with the latest source
4. The budget proposals website is up (it is actually up just needs to run off Heliumd)
5. We have the green light from the exchange that we've agreed on the reconciliation of accounts)

Once the exchange is 100% happy, we'll give more details.

If anyone has technical skills and wants to run the snapshot script as a test, please feel free.

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
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September 20, 2017, 04:34:21 PM
Last edit: September 20, 2017, 10:16:07 PM by KarmaShark
 #912

Thanks for the info!!

I read this as snapshot in < 10 days, assuming a block a minute, which right now appears to be a low estimate.  Correct?

Should we be holding out coins in our wallet, or at an exchange?  Since you didn't mention an exchange, I'm assuming the former.

M

Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date. This is subject to exchange confirmation, so it is subject to change. As you can tell, we could do with a bit more time to get confirmations from third parties, but we understand the frustrations some people have to just wanting to get on.

The snapshot process itself will happen a day or two after this block height to give the blockchain time to settle and blocks to confirm.

The launch date will follow soon after, but we haven't finalised a date for that yet. We will start mining for around 4 days which gives us time to generate the pre-mine coins we will need based on the snapshot data. We'll do some reconciliations with the exchange.

During the mining process, we'll be earning rewards, which we'll probably burn.

We won't be giving out dates on the actual launch until:

1. We have a pool up and running (we have a pool operator launching with us)
2. The wallets are compiled and ready
3. Github is up with the latest source
4. The budget proposals website is up (it is actually up just needs to run off Heliumd)
5. We have the green light from the exchange that we've agreed on the reconciliation of accounts)

Once the exchange is 100% happy, we'll give more details.

If anyone has technical skills and wants to run the snapshot script as a test, please feel free.

We are hopeful to finalize plans with the exchange we have been in negotiations with very soon. The moment we have that confirmed we will be updating you all with who the exchange is and what needs to be done on your end to prepare for the snapshot with them.


In the meantime, hold your SPR in your local Spreadcoin wallet until you hear from coins101 or myself on this front.



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September 20, 2017, 06:52:55 PM
 #913

If anyone has technical skills and wants to run the snapshot script as a test, please feel free.
I want to test this script, please provide more information about it.
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September 20, 2017, 08:32:21 PM
 #914

Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date.

OMG, thanks ever so much Cheesy

Thanks to you and Krister to come back to us with concrete dates. Don't rush, a couple of days doesn't matter. But getting confirmation the project is still on track is very good!

BTW, is the github up to date so I can check out and build on Linux specifically?
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September 20, 2017, 10:05:17 PM
 #915

Wow this are some great news. Thanks for the update!
I have some coins at bittrex. Are you updating us about the exchanges  before the snapshot is taken or should we move our coins to our wallets?
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September 20, 2017, 10:17:10 PM
 #916

Wow this are some great news. Thanks for the update!
I have some coins at bittrex. Are you updating us about the exchanges  before the snapshot is taken or should we move our coins to our wallets?


See my note a few posts up my friend.


We will announce an exchange soon if all goes well with the final pieces of the snapshot being agreed upon. To play it safe you can move your Spreadcoins to your local Spreadcoin wallet and wait to hear from Coins101 or myself on this front.
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September 21, 2017, 05:42:51 AM
 #917

Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date. This is subject to exchange confirmation, so it is subject to change. As you can tell, we could do with a bit more time to get confirmations from third parties, but we understand the frustrations some people have to just wanting to get on.

The snapshot process itself will happen a day or two after this block height to give the blockchain time to settle and blocks to confirm.

The launch date will follow soon after, but we haven't finalised a date for that yet. We will start mining for around 4 days which gives us time to generate the pre-mine coins we will need based on the snapshot data. We'll do some reconciliations with the exchange.

During the mining process, we'll be earning rewards, which we'll probably burn.

We won't be giving out dates on the actual launch until:

1. We have a pool up and running (we have a pool operator launching with us)
2. The wallets are compiled and ready
3. Github is up with the latest source
4. The budget proposals website is up (it is actually up just needs to run off Heliumd)
5. We have the green light from the exchange that we've agreed on the reconciliation of accounts)

Once the exchange is 100% happy, we'll give more details.

If anyone has technical skills and wants to run the snapshot script as a test, please feel free.

are we going to use bittrex for the claiming of 1:1 with helium or we need to sign the message? i think it's better to do it like bitcoincash, less hassles imho
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September 21, 2017, 05:45:48 AM
 #918

The current was too expensive, now how the revenue generated by mining
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September 21, 2017, 06:14:32 AM
 #919

It seems the wheel is starting to turn again. Some activities is going on here at Helium as dev is replying and commenting what is the progress at the moment and how is the plan to push the redemption thru.

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September 21, 2017, 07:48:43 AM
 #920

how i get my priv key from my spr wallet? i need to import the priv key after the swap into the helium wallet? or is it enough to copy paste the wallet.dat?
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