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Author Topic: [ANN][NOS] Nostrum - New Source Code - Reserve Value - now with ESCROW  (Read 12372 times)
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Voltarius
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September 03, 2014, 01:34:00 PM
 #81


EDIT: I actually did some research about PoD and stumbled upon this topic: https://bitcointalk.org/index.php?topic=755656.0 - Meaning: PoD is a scam service provided by http://cryptoasian.com/. PoD can be bought. Escrow is the only trustable resource.
IMO, PoD is pretty useless as it can't check your ability as a developer, neither can a trusted "escrow". The most an escrow can do is make sure the buyer gets his IPO coins. The risk association comes whether you will follow through with your promises. Something which can only be tested if you have an open beta/alpha before asking for money, which obviously you don't.

But given the fact BCT people are more worried about loosing a cheap IPO over security, I guess all is fine even if someone buys through wallet.
Nice point. I'll discuss with the team and see if a beta version of the NOS-services can be released before closing the ICO.
That sounds like a good idea, in my opinion at least Smiley
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armin22
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September 03, 2014, 06:47:25 PM
 #82

It will be used for hiring developers and hosting of the Nos-services,...


Why would you need to hire devs if you coded the whole thing in C++, cant you cope with other things?

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September 03, 2014, 06:48:00 PM
 #83

A temporary block explorer will be set up so you can track the distribution process.

Where is the block explorer?

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September 03, 2014, 07:06:01 PM
 #84

It will be used for hiring developers and hosting of the Nos-services,...


Why would you need to hire devs if you coded the whole thing in C++, cant you cope with other things?

Hire developers for the mobile wallet, the NosStore website, the NosJob website, the NosBet website, etc...
I can not do all the whole things myself.
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September 03, 2014, 07:12:14 PM
 #85

It will be used for hiring developers and hosting of the Nos-services,...


Why would you need to hire devs if you coded the whole thing in C++, cant you cope with other things?

Hire developers for the mobile wallet, the NosStore website, the NosJob website, the NosBet website, etc...
I can not do all the whole things myself.

And where's the block explorer?

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September 03, 2014, 09:39:39 PM
 #86

WHen does this ICO end?HuhHuhHuh??

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
CounterStrike (OP)
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September 03, 2014, 09:52:04 PM
 #87

It will be used for hiring developers and hosting of the Nos-services,...


Why would you need to hire devs if you coded the whole thing in C++, cant you cope with other things?

Hire developers for the mobile wallet, the NosStore website, the NosJob website, the NosBet website, etc...
I can not do all the whole things myself.

And where's the block explorer?
Still working on it
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September 03, 2014, 09:56:06 PM
 #88

It will end when these services are up and running:
1. The Reserve Bank.
2. The Nosjob service.
3. The Nosstore.
Which takes approximately 3 months.
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September 03, 2014, 09:57:21 PM
 #89

It will end when these services are up and running:
1. The Reserve Bank.
2. The Nosjob service.
3. The Nosstore.
Which takes approximately 3 months.

Longest ICO ever haha.

Any word on exchanges?

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
CounterStrike (OP)
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September 03, 2014, 10:15:02 PM
 #90

Longest ICO ever haha.

Any word on exchanges?
I haven't contacted any of the exchanges yet.
Only4money
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September 04, 2014, 10:35:03 AM
 #91

Longest ICO ever haha.

Any word on exchanges?
I haven't contacted any of the exchanges yet.
And when you're planning to do so?

XDECOIN 100 Limited! - Be Part of Something Rare and Innovative! Free Dist. ends Nov. 21
provenceday
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September 04, 2014, 12:27:39 PM
 #92

will check this later.
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September 04, 2014, 04:59:16 PM
 #93

will check this later.

3 Month ICO and not on any exchanges radar, I'll meet you back here at a later date.

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
armin22
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September 05, 2014, 08:31:59 PM
 #94

News?

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September 06, 2014, 06:34:22 AM
 #95

News?
Everything going too slowly I think Dev is a bit of lazy. Wink

XDECOIN 100 Limited! - Be Part of Something Rare and Innovative! Free Dist. ends Nov. 21
dandruff1138
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September 06, 2014, 01:50:28 PM
 #96

News?
Everything going too slowly I think Dev is a bit of lazy. Wink

Checkout USEcoin and recently, BitMO (XBM) to see how some of these IPO coins are handled...

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         ▀██████████████████▀▀
            ▀▀██████████▀▀
(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
armin22
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September 13, 2014, 09:39:26 PM
 #97

Damn this thing died badly Tongue

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September 20, 2014, 06:11:40 PM
 #98

Since im the escrow for this trade... i asked him 3 times via pm to send me a copy of his ID. He didnt answer at all. If he would need time i would have awaited an answer saying that but completely ignoring it while still posting in the thread doesnt look like he will provide an ID.

So in case this project is going on... i dont have seen an ID yet.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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September 20, 2014, 06:56:33 PM
 #99

Each unit of Nostrum has it owns reserve value which is the value when the user obtained the Nostrum. The purpose of reserve value is to secure the concrete value of Nostrum, regardless the fluctuation of the price.
Calculation formula:
  + Reserve Value = Total Nostrum x Purchased Price
  + Tradable Nostrum =  Total Nostrum / (Current Price / Purchased Price)
 * If current price is lower than the purchase price, there will be no Nostrum can be sold
Tradable Nostrum is the quantity of Nostrum that can be traded.
I already posted that due to the diversity of choices an opportunity costs of holding the cryptocurrency would easily turn its value to zero. Cryptocurrency is not the financial assets, such as securities that certain way can be backed by real property, and crypto's intrinsic value always leads to the surrogate measure of speculation. Factual price always shows the speculative demand that is occurred for the purpose to take advantage of investment opportunities that may arise. When/if the market corrects and amount of coins demanded reduces why would the price of initial acquisition be taken into account? If interest rate falls everything can be sold at any closest to zero price

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September 21, 2014, 10:00:08 AM
 #100

deadcoin again.
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