DiamondCardz
Legendary
 Offline
Activity: 1134
Merit: 1112
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June 01, 2014, 01:53:11 PM |
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1. 500 000 HYPER of the premine will be given to a trusted member of bitcointalk to hold in escrow for at least 1 month, or until the community trusts me to manage the fund. It can be held for longer than a month if the community agrees. This is the the fund for the core HYPER space MMO development. The escrow will have to approve any deductions from the principal of this fund. Deductions will only take place to fund the MMO development and pay people who are contributing. The wallet will be opened daily so coins can compound increasing the value of the fund.
Very well then, I see this as your chance to prove yourself (starting to get a bit suspicious of tokyo personally, something is being withheld). My reputation is worth a lot to me so I can escrow this if you think I'm trustworthy enough. My fee is 1%, I don't really care about making BTC which is why it's quite low - it's just enough to pay for operating costs. I'm fine with keeping the wallet open daily, and approving deductions. We can sort this deal out in public so that there's a log if you're interested. |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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tokyoghetto
Legendary
Offline
Activity: 1232
Merit: 1000
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June 01, 2014, 02:03:45 PM |
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nothing was withheld everything is out in the open.
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HYPERfuture (OP)
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June 01, 2014, 02:11:08 PM |
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1. 500 000 HYPER of the premine will be given to a trusted member of bitcointalk to hold in escrow for at least 1 month, or until the community trusts me to manage the fund. It can be held for longer than a month if the community agrees. This is the the fund for the core HYPER space MMO development. The escrow will have to approve any deductions from the principal of this fund. Deductions will only take place to fund the MMO development and pay people who are contributing. The wallet will be opened daily so coins can compound increasing the value of the fund.
Very well then, I see this as your chance to prove yourself (starting to get a bit suspicious of tokyo personally, something is being withheld). My reputation is worth a lot to me so I can escrow this if you think I'm trustworthy enough. My fee is 1%, I don't really care about making BTC which is why it's quite low - it's just enough to pay for operating costs. I'm fine with keeping the wallet open daily, and approving deductions. We can sort this deal out in public so that there's a log if you're interested. Thank you for your offer of being the 500 000 HYPER MMO development fund escrow. I am in contact with a few members right now, but I will let you know within 24 hours or so if you will be the escrow. If you are the final escrow everything will be 100% transparent and it will be finalized in public here in the thread. I'll be in touch soon and thanks again for your offer. ~HYPERfuture EDIT: I've got Tokyoghetto on ignore and I advise anyone who is following / involved in HYPER seriously to do the same. |
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Cohle
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June 01, 2014, 02:12:14 PM |
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nothing was withheld everything is out in the open.
HYPER is moving on without you. You've aired the laundry, and you have your own thread to continue the crusade. Let it go dude. |
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tokyoghetto
Legendary
Offline
Activity: 1232
Merit: 1000
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June 01, 2014, 02:17:27 PM |
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nothing was withheld everything is out in the open.
HYPER is moving on without you. You've aired the laundry, and you have your own thread to continue the crusade. Let it go dude. Then you people need to stop bring up my name. Als you should all listen to your fearless loser and put me on ignore. |
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DiamondCardz
Legendary
Offline
Activity: 1134
Merit: 1112
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June 01, 2014, 02:24:38 PM |
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nothing was withheld everything is out in the open.
Something just doesn't seem right to me and I don't know where it's from, both you and hyper made mistakes but from what I can see something is being withheld from the public eye. That's just my view. |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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HYPERfuture (OP)
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June 01, 2014, 02:31:47 PM |
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nothing was withheld everything is out in the open.
Something just doesn't seem right to me and I don't know where it's from, both you and hyper made mistakes but from what I can see something is being withheld from the public eye. That's just my view. Nothing is being withheld at my end. Tokyo decided to make his attempted 125 K HYPER bounty public and that is all there was. I think he is just very disappointed he didn't get 125 K HYPER for logging onto the exchange now and then. I don't blame him for being upset, but I think he needs to move on and forget it now. I think I am being more Buddhist about this than tokyo deserves. It's time to look towards HYPER's plans for the future, including premine transparency which is taking place asap  |
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quarkkid
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June 01, 2014, 02:35:01 PM |
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onwards and upwards!!!
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tokyoghetto
Legendary
Offline
Activity: 1232
Merit: 1000
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June 01, 2014, 02:36:03 PM |
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nothing was withheld everything is out in the open.
Something just doesn't seem right to me and I don't know where it's from, both you and hyper made mistakes but from what I can see something is being withheld from the public eye. That's just my view. Nothing is being withheld at my end. Tokyo decided to make his attempted 125 K HYPER bounty public and that is all there was. I think he is just very disappointed he didn't get 125 K HYPER for logging onto the exchange now and then. I don't blame him for being upset, but I think he needs to move on and forget it now. I think I am being more Buddhist about this than tokyo deserves. It's time to look towards HYPER's plans for the future, including premine transparency which is taking place asap You clearly do not know what it takes to be an active trader and how to make markets. Especially in markets that trade 24/7. Its not just "logging onto the exchange now and then". i wish you the best of luck. The Hyper Community is depending on you not to screw this up. |
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romeshomey
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June 01, 2014, 02:40:46 PM |
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Thank you for the update. Things are looking less dire. Hopefully support returns when the pre-mine funds are allocated as outlined.
Thanks If it doesn't the miners have missed out, that is all. HYPER is a long term project myself and other members of the team are serious about. I am moving as fast as I can to establish all of the above asap, and I will post updates as soon as I have them. I did alright. I sold what I mined, then bought them all back at 1/3rd the price. lol |
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DiamondCardz
Legendary
Offline
Activity: 1134
Merit: 1112
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June 01, 2014, 02:43:39 PM |
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nothing was withheld everything is out in the open.
Something just doesn't seem right to me and I don't know where it's from, both you and hyper made mistakes but from what I can see something is being withheld from the public eye. That's just my view. Nothing is being withheld at my end. Tokyo decided to make his attempted 125 K HYPER bounty public and that is all there was. I think he is just very disappointed he didn't get 125 K HYPER for logging onto the exchange now and then. I don't blame him for being upset, but I think he needs to move on and forget it now. I think I am being more Buddhist about this than tokyo deserves. It's time to look towards HYPER's plans for the future, including premine transparency which is taking place asap I guess only time will tell, no-one lost money as far as I can see so I guess it isn't all that bad. I'll definitely be watching HYPER to see how it plays out and what the market is like. |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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HYPERfuture (OP)
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June 01, 2014, 02:49:27 PM
Last edit: June 01, 2014, 03:32:58 PM by HYPERfuture |
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nothing was withheld everything is out in the open.
Something just doesn't seem right to me and I don't know where it's from, both you and hyper made mistakes but from what I can see something is being withheld from the public eye. That's just my view. Nothing is being withheld at my end. Tokyo decided to make his attempted 125 K HYPER bounty public and that is all there was. I think he is just very disappointed he didn't get 125 K HYPER for logging onto the exchange now and then. I don't blame him for being upset, but I think he needs to move on and forget it now. I think I am being more Buddhist about this than tokyo deserves. It's time to look towards HYPER's plans for the future, including premine transparency which is taking place asap I guess only time will tell, no-one lost money as far as I can see so I guess it isn't all that bad. I'll definitely be watching HYPER to see how it plays out and what the market is like. Some people did lose money and I was very angry about that. Especially as I gave him a gift as compensation for changing my mind, before he had even touched the funds, or was managing it (a week before the scheduled time, to be exact). I didn't conceive a coin which would have a robust ecosystem, reward long term holders, and have some form of market stabilization fund for people to lose money because someone I thought I had an understanding with started a FUD campaign. I am committed to making this coin a success for all involved and now I am looking towards the future. |
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HYPERfuture (OP)
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June 01, 2014, 03:01:20 PM |
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Thank you for the update. Things are looking less dire. Hopefully support returns when the pre-mine funds are allocated as outlined.
Thanks If it doesn't the miners have missed out, that is all. HYPER is a long term project myself and other members of the team are serious about. I am moving as fast as I can to establish all of the above asap, and I will post updates as soon as I have them. I did alright. I sold what I mined, then bought them all back at 1/3rd the price. lol I'm glad that someone has benefited from the shit storm. You'll want to hold your new coins and stake them for a while now, and see what happens |
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HYPERfuture (OP)
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June 01, 2014, 03:14:24 PM |
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Just to recap HYPER initiatives which are taking place asap. While I am in discussion with some solid members, applications are still welcome for managing the 500 000 HYPER MMO development fund. After spending most of today consulting with members of the HYPER community, and other members of this forum who have kindly offered their advice, this is what's going to happen within the next 1-3 days regarding premine transparency: 1. 500 000 HYPER of the premine will be given to a trusted member of bitcointalk to hold in escrow for at least 1 month, or until the community trusts me to manage the fund. It can be held for longer than a month if the community agrees. This is the the fund for the core HYPER space MMO development. The escrow will have to approve any deductions from the principal of this fund. Deductions will only take place to fund the MMO development and pay people who are contributing. The wallet will be opened daily so coins can compound increasing the value of the fund. 2. Two other funds will be set up and managed by myself: 1 (ONE) fund for HYPER marketing, and 1 (ONE) fund for MMO outreach purposes and bounties for getting developers to develop plugins so HYPER can be integrated into existing gameworlds etc. Again this fund will stake daily and any deductions from the principal will be shown and explained. Fund activity for all 3 funds will be entirely transparent via the HYPER blockchain. The community will be able to see the balances of these funds at any time. The remaining HYPER will be used for general bounties, until HYPER has reached the market cap I am gunning for (a very high one). When enough bounties have been paid, these bounty funds will be rolled over into one of the other funds.
This will all take place within 1-3 days. I'm waiting to hear back from a few hero members here regarding management of the 500 000 principal. 3. An IPO is still being considered to raise BTC for the Market Stabilization fund, if this does go ahead the market fund will be BTC only, there is no point dedicating HYPER to the Market Fund, and selling HYPER on the exchange right now as this will only lower the price. If the IPO and fund go ahead, then the BTC will be used to hold HYPER value stable and increase the price on the exchanges. HYPER which is purchased as a result of the funds activity will be rolled over into one of the other funds for staking, until HYPER exchange rate and volume can absorb strategic selling of small amounts to increase BTC in the fund for more market making. Until this is possible the HYPER purchased will be kept in one of the other funds so it can stake with those coins. Of course, if we do go ahead this the IPO will take place through a trusted member. To clear up any misunderstanding: the Market Stabilization Fund was always only going to be established after HYPER PoW stage is over. Thanks guys, I will be providing further updates over the next few days as we move forward, all of these initiatives ( except the IPO - it is still being decided by myself and other members of the community if the IPO is a good idea), will launch within the next 1-3 days. More updates on the fun stuff - the space based MMO we're working on soon. |
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ebeth08
Full Member
Offline
Activity: 168
Merit: 100
Twitter - @hashking
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June 01, 2014, 04:20:54 PM |
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DEV, it's about time to use the "Stability Fund" to keep this coin alive. It would actually boost the confidence in this coin as well.
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ebeth08
Full Member
Offline
Activity: 168
Merit: 100
Twitter - @hashking
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June 01, 2014, 04:27:32 PM |
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Thank you for the update. Things are looking less dire. Hopefully support returns when the pre-mine funds are allocated as outlined.
Thanks If it doesn't the miners have missed out, that is all. HYPER is a long term project myself and other members of the team are serious about. I am moving as fast as I can to establish all of the above asap, and I will post updates as soon as I have them. I did alright. I sold what I mined, then bought them all back at 1/3rd the price. lol Very good luck trying to get your money back, lol. This coin is almost dead. Nobody has any trust and confidence in Hyper anymore. DEV needs to do something now or it will be too late soon. I have supported Hyper through the last few days, but the DEV is still sitting on his hands, and that is not helping anything. I cannot afford to buy anymore coins with this downfall going out of control. |
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Gladimor
Legendary
Offline
Activity: 1050
Merit: 1000
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June 01, 2014, 04:41:06 PM |
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Thank you for the update. Things are looking less dire. Hopefully support returns when the pre-mine funds are allocated as outlined.
Thanks If it doesn't the miners have missed out, that is all. HYPER is a long term project myself and other members of the team are serious about. I am moving as fast as I can to establish all of the above asap, and I will post updates as soon as I have them. I did alright. I sold what I mined, then bought them all back at 1/3rd the price. lol Very good luck trying to get your money back, lol. This coin is almost dead. Nobody has any trust and confidence in Hyper anymore. DEV needs to do something now or it will be too late soon. I have supported Hyper through the last few days, but the DEV is still sitting on his hands, and that is not helping anything. I cannot afford to buy anymore coins with this downfall going out of control. It is just a miner sell-off. Expect a reversal to an uptrend once PoW ends. |
Mining since 2014
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Geenstijl
Legendary
Offline
Activity: 1232
Merit: 1000
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June 01, 2014, 05:14:08 PM |
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Maybe my riskiest investment ever... but if this project becomes reality... this will be my best.
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ebeth08
Full Member
Offline
Activity: 168
Merit: 100
Twitter - @hashking
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June 01, 2014, 05:19:31 PM |
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Thank you for the update. Things are looking less dire. Hopefully support returns when the pre-mine funds are allocated as outlined.
Thanks If it doesn't the miners have missed out, that is all. HYPER is a long term project myself and other members of the team are serious about. I am moving as fast as I can to establish all of the above asap, and I will post updates as soon as I have them. I did alright. I sold what I mined, then bought them all back at 1/3rd the price. lol Very good luck trying to get your money back, lol. This coin is almost dead. Nobody has any trust and confidence in Hyper anymore. DEV needs to do something now or it will be too late soon. I have supported Hyper through the last few days, but the DEV is still sitting on his hands, and that is not helping anything. I cannot afford to buy anymore coins with this downfall going out of control. It is just a miner sell-off. Expect a reversal to an uptrend once PoW ends. Nope, this is MUCH more than a miner sell-off. Anyone that has been around awhile would know that. Because of all the FUD, there is no confidence in this coin. I have bought up TONS off Bittrex. So I might crash and burn with Hyper, hopefully not. |
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