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Author Topic: [ANN] ORA :: NXT 'monetary system' currency  (Read 181211 times)
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Equate
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August 16, 2014, 05:21:37 PM
 #2141

Thats because stakes issued in nxt. How do you know who is legit voter in Qora voting system?
Just let everyone to vote. There are people who don't have Ora yet but they are willing to buy it. So they might have right to vote too.

(Whats with qora fans calling ora stupid?, this is not a first time i have noticed).
I wasn't calling Ora stupid I was calling weird or even stupid using Nxt instead of Ora parent's voting system.

Makes sense. But we do not want to make any wrong decision right now. Rest assured we are carefully planning what we are doing at this stage.

Regarding on your request to let everyone to vote, i will make sure this is considered as well. I understand your concern.


I don't think it's a good idea to allow people who've got nothing to do with Ora to vote. I mean anyone can say they're willing to buy and abuse the voting system and it's not fair for those who actually own Ora. It's like asking people from France to vote on who's gonna be president in the US. I believe only people holding Ora, whether they've bought their coins or they're original stakeholders, should be allowed to vote.

If anyone who is not interested in ORA or is not ORA holder , is allowed to participate in voting , then it can lead to manipulation and it will not affect those who don't hold ORA whereas it will adversely affect ORA holders.
DarkhorseofNxt
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August 16, 2014, 06:05:22 PM
 #2142

Opinions can be expressed. Decisions will be by the community.  Cool

coinsolidation
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August 17, 2014, 12:23:29 AM
 #2143

Opinions can be expressed. Decisions will be by the community.  Cool

After reading most of the thread and discussions on voting, my own suggestion is to hold off on voting for quite some time.

This will allow a fair voting system to come to the fore. More importantly it will also mitigate some risks of pump's to your currency, as people will know their are more shares to be released. They could also be held as a kind of quantitative easing, released fairly during price-tag rises to further distribute supply and ease the market back towards a fair average.

Finally, you do not know when you may need such shares, you may produce a novel form of distribution where Ora is integrated in to existing communities, who's members may require a stake.

You may also find that stake sizes can change over time, as adoption grows, perhaps issue a fixed percentage of the current remaining stakes each time, so that issues get smaller in line with adoption growing.

So I suggest that you hold off for as long as you can, demand and times to distribute will appear in the future.

Best of luck with the project, it's one of the few I am watching Smiley

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
fragout
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August 17, 2014, 10:03:14 AM
 #2144

Opinions can be expressed. Decisions will be by the community.  Cool

After reading most of the thread and discussions on voting, my own suggestion is to hold off on voting for quite some time.

This will allow a fair voting system to come to the fore. More importantly it will also mitigate some risks of pump's to your currency, as people will know their are more shares to be released. They could also be held as a kind of quantitative easing, released fairly during price-tag rises to further distribute supply and ease the market back towards a fair average.

Finally, you do not know when you may need such shares, you may produce a novel form of distribution where Ora is integrated in to existing communities, who's members may require a stake.

You may also find that stake sizes can change over time, as adoption grows, perhaps issue a fixed percentage of the current remaining stakes each time, so that issues get smaller in line with adoption growing.

So I suggest that you hold off for as long as you can, demand and times to distribute will appear in the future.

Best of luck with the project, it's one of the few I am watching Smiley

^This makes a lot of sense. There is absolutely no rush on deciding what to do with additional stakes yet.
DarkhorseofNxt
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August 17, 2014, 01:06:05 PM
 #2145

Correct. We will focus more on phase 2.

perado
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August 17, 2014, 05:21:42 PM
 #2146

Great work,finde something funny here
Sammie Sna
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August 18, 2014, 03:15:15 AM
 #2147

looks like people are not round here?where is all ppl?are they in the new forum?
bestcoinever
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August 18, 2014, 03:18:08 AM
 #2148

When can we have the 2nd registration?

DarkhorseofNxt
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August 18, 2014, 04:27:13 AM
 #2149

looks like people are not round here?where is all ppl?are they in the new forum?

We are all in here and in the new forum. Waiting for the logo designs to be finalised so can we proceed to phase 2. Join us in the new forum as we would like to concentrate there more.

When can we have the 2nd registration?

2nd registration will be done via submission of video, articles about Ora. Will keep you posted once its ready. We are working on it.

DarkhorseofNxt
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August 18, 2014, 10:03:33 AM
 #2150

Update : we will be finalising ORA official logo in 2 weeks. Please vote 3 best logos that you like the most. Show your support.

https://bitcointalk.org/index.php?topic=697958.0

We would like you to join us in the official ORA forum www.oraforum.org Please register and participate in our new forum.

Those interested in promoting, writting article, translation please join in our discussion :

http://oraforum.org/index.php?topic=12.0

Mac Red
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August 18, 2014, 11:52:38 AM
 #2151

Update : we will be finalising ORA official logo in 2 weeks. Please vote 3 best logos that you like the most. Show your support.

https://bitcointalk.org/index.php?topic=697958.0

We would like you to join us in the official ORA forum www.oraforum.org Please register and participate in our new forum.

Those interested in promoting, writting article, translation please join in our discussion :

http://oraforum.org/index.php?topic=12.0

^ Now would indeed be a great time to get involved if you want to be an early contributor. Remember people, we got 25% (that's 250,000,000 ORA) in power bounties to give away to people who'd like to help make the project a success.
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August 18, 2014, 10:49:08 PM
 #2152

Without the actual product, there is no sentiment.
Yuzu
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August 18, 2014, 11:24:16 PM
 #2153

Without the actual product, there is no sentiment.

This is true.  I like voting on the logo, but I'd like to see a little more progress towards an actual thing.
DarkhorseofNxt
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August 19, 2014, 01:01:37 AM
 #2154

Have faith in nio.

tonny.jr
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August 19, 2014, 02:29:03 AM
 #2155

i haven't seen niocoin around this post,what's he doing?develop a wallet?
DarkhorseofNxt
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August 19, 2014, 02:53:05 AM
 #2156

i haven't seen niocoin around this post,what's he doing?develop a wallet?

He is around and yes he is working on the client.

nioccoin
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August 19, 2014, 10:41:09 AM
 #2157

i haven't seen niocoin around this post,what's he doing?develop a wallet?

I'm here, and I'm not going anywhere.  I try to post every few days or better, and you will find much of my discussion in the dev forum.

kind regards,
nio
Equate
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August 19, 2014, 11:54:37 AM
 #2158

i haven't seen niocoin around this post,what's he doing?develop a wallet?

I'm here, and I'm not going anywhere.  I try to post every few days or better, and you will find much of my discussion in the dev forum.

kind regards,
nio

Good to see that you are working actively behind the scenes and little updates about development are nice once in a while.
DarkhorseofNxt
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August 19, 2014, 12:56:07 PM
 #2159

i haven't seen niocoin around this post,what's he doing?develop a wallet?

I'm here, and I'm not going anywhere.  I try to post every few days or better, and you will find much of my discussion in the dev forum.

kind regards,
nio

Good to see that you are working actively behind the scenes and little updates about development are nice once in a while.

Dont worry. We are doing that for you behind the scenes. Haha.

Ezravdb
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August 19, 2014, 02:50:22 PM
 #2160

Opened my Nxt account and saw a nice ORA asset !

Thanks!

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