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chicken65
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September 06, 2014, 01:03:24 PM |
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If I buy some superNET tokens @ BTER can I trade these as I normally would with coins?
Its not the plan, but in case i need to....
Do I also need the software from the NXT site or can I do this just on the exchange?
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crackfoo
Legendary
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Activity: 3458
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September 06, 2014, 01:04:04 PM |
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If I buy some superNET tokens @ BTER can I trade these as I normally would with coins?
Its not the plan, but in case i need to....
yes after the ICO is completed, they are converted to UNITY which can be traded. |
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chicken65
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September 06, 2014, 01:07:22 PM |
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so that would be approx 4 weeks after release right?
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SHossain
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Activity: 112
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September 06, 2014, 01:18:59 PM |
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so that would be approx 4 weeks after release right?
Yes, you need to wait 4 weeks. The TOKENs will be converted to UNITY @1:1 after the ICO finished in 4 weeks. And you can start trading UNITY (SuperNET ticker) on AE and perhaps on different exchanges. If 4 weeks too long, James suggesting to buy them at the last day. If the demand increases on the last day he will manage more tokens. |
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MrFeiLong
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Merit: 10
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September 06, 2014, 01:20:01 PM |
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Thank You for Your help but I've already been there  I just don't understund one thing: could I be a part of SuperNet without tokens or if I want to invest I should also buy token in order to be a part of SuperNet? |
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SHossain
Member
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Activity: 112
Merit: 10
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September 06, 2014, 01:28:00 PM |
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Thank You for Your help but I've already been there I just don't understund one thing: could I be a part of SuperNet without tokens or if I want to invest I should also buy token in order to be a part of SuperNet? To invest or own SuperNET asset you need to buy TOKEN available in BTER and NXT AE. After 4 weeks these TOKENs will be converted to UNITY and will be given to you. UNITY is the ticker for SuperNET. |
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chicken65
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September 06, 2014, 01:36:14 PM |
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so that would be approx 4 weeks after release right?
Yes, you need to wait 4 weeks. The TOKENs will be converted to UNITY @1:1 after the ICO finished in 4 weeks. And you can start trading UNITY (SuperNET ticker) on AE and perhaps on different exchanges. If 4 weeks too long, James suggesting to buy them at the last day. If the demand increases on the last day he will manage more tokens. Ok Understood |
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chicken65
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September 06, 2014, 01:37:05 PM |
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Questions: Answers Would be very be very useful for those of us not up to speed with the terminology
surrounding this. This is really basic info that simply isnt easily available/understood. Most information is entwined
with a fair amount of tech talk buried in posts within posts of quoted posts. So, if anyone can answer these it
would be appreciated.
1: If I purchased with BTC I receive a 5% discount, but not with BTCD. Is that correct?
2: The purchased tokens can exhibit the same value fluctuations as any other crypto?
3: The income from this sale is used to buy other Cryptos which are to become part
of the superNET.
4: Or is it the income generated will be held in Escrow by some individuals. But held
for what purpose.
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visual111
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September 06, 2014, 01:39:17 PM |
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Questions: Answers Would be very be very useful for those of us not up to speed with the terminology
surrounding this. This is really basic info that simply isnt easily available/understood. Most information is entwined
with a fair amount of tech talk buried in posts within posts of quoted posts. So, if anyone can answer these it
would be appreciated.
1: If I purchased with BTC I receive a 5% discount, but not with BTCD. Is that correct?
2: The purchased tokens can exhibit the same value fluctuations as any other crypto?
3: The income from this sale is used to buy other Cryptos which are to become part
of the superNET.
4: Or is it the income generated will be held in Escrow by some individuals. But held
for what purpose.
you don't get a 5% discount with BTC. you do with NXT/BTCD |
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chicken65
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September 06, 2014, 01:55:19 PM |
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Ok anyone care to answer the other questions?
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thevampireskilledit
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September 06, 2014, 01:58:00 PM |
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Questions: Answers Would be very be very useful for those of us not up to speed with the terminology
surrounding this. This is really basic info that simply isnt easily available/understood. Most information is entwined
with a fair amount of tech talk buried in posts within posts of quoted posts. So, if anyone can answer these it
would be appreciated.
1: If I purchased with BTC I receive a 5% discount, but not with BTCD. Is that correct?
2: The purchased tokens can exhibit the same value fluctuations as any other crypto?
3: The income from this sale is used to buy other Cryptos which are to become part
of the superNET.
4: Or is it the income generated will be held in Escrow by some individuals. But held
for what purpose.
1. answered above 2. tokens should be stable (unless someone buys and wants to sell for less than the price, but you won't be able to sell it for more) until UNITY is launched at the end of the investment time. 3. yes. 4. I think the other coins will be held in escrow? I'm a little bit unsure about this one, meaning I'm not sure if the nxt//btcd//btc raised will be held in escrow or if it will be used to buy the other superNET coins. |
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chicken65
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September 06, 2014, 02:09:11 PM |
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Thanks for the reply, much appreciated.
So, still looking for a definitive answer to where the revenue from the sale is going.
Anyone?
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chicken65
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September 06, 2014, 02:10:38 PM |
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New Question  Token Sell Price: Will this go up everyday or stay the same over the next couple of weeks. If its the later I dont need to rush in and buy. |
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apex944
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September 06, 2014, 02:13:16 PM |
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My trade history on BTER is showing a SELL of the TOKEN I bought. Is this what others are seeing as well?
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chicken65
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September 06, 2014, 02:15:36 PM |
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That is quite funny  Wish I had owned a bunch of 'undarkened' Doge though. The rise in that coins price over the last week has been incredible. Even the last hour has been amazing... But BTC still floundering which is dissapointing as i purchased them at their most expensive this year  |
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cryptillian
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September 06, 2014, 02:17:09 PM |
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maybe a darkcoindark  |
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MuFaza
Member
Offline
Activity: 72
Merit: 10
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September 06, 2014, 02:25:17 PM |
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New Question Token Sell Price: Will this go up everyday or stay the same over the next couple of weeks. If its the later I dont need to rush in and buy. Revenue will be spent on other coins that will be added on the supernet and to support those markets. The aim is 10% of the supply if I remember correctly. There is 15% discount to buy tokens from day one that is decreasing everyday by 1%. So ideally you would buy them at launching day. |
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chicken65
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September 06, 2014, 02:49:14 PM |
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Thanks for the info, much appreciated. So 10% for investing in other cryptos sill leaves 90% of potentially millions. Price of Tokens. Its cheaper to buy now than it was 10 mins ago.  I thought they were a fixed price. Have a look at the supernet thread and theres all sorts of confusion there as well. EDIT: Maybe what Im seeing is small price fluctuations due to BTC/BTCD value...rather than the token price changing. |
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