[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer

[CryptoClub]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

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[AliMan]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

[windjc]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

[TooDumbForBitcoin]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

[windjc]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

Im talking from a financial one. 80%+ of the funds are going to be in escrow. Why would the value of the asset drop below that?

Unless you think James or hackers will steal all the coins?

Marketing is entirely different issue - and, yes, part of the reason I think the asset will grow in value.

PS - by the way, are you a BBR holder? I know you despise XMR, but wasn't sure where you stood with BBR. If you are, I'd love to have you help us with marketing. Cheers.

[Wolf Rainer]

I don´t really understhan all the tecnical details, but i invested money in this.

[paulthetafy]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

Im talking from a financial one. 80%+ of the funds are going to be in escrow. Why would the value of the asset drop below that?

Unless you think James or hackers will steal all the coins?

Marketing is entirely different issue - and, yes, part of the reason I think the asset will grow in value.

PS - by the way, are you a BBR holder? I know you despise XMR, but wasn't sure where you stood with BBR. If you are, I'd love to have you help us with marketing. Cheers.

The funds might be in "escrow", but isn't that irrelevant if you can't get those funds back out?  Unless the escrow fund is used to create a massive buy back order, the risk is that if things don't go so well for SuperNET and revenues are lower than expected, you'll never get your investment back out at anywhere near the price you paid.

I'm a BTCD investor and supporter since day 1, and a fan of James work in general, but SuperNET makes me nervous.  Truthfully I'm on the fence as to whether to invest or not.

[jl777]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

Im talking from a financial one. 80%+ of the funds are going to be in escrow. Why would the value of the asset drop below that?

Unless you think James or hackers will steal all the coins?

Marketing is entirely different issue - and, yes, part of the reason I think the asset will grow in value.

PS - by the way, are you a BBR holder? I know you despise XMR, but wasn't sure where you stood with BBR. If you are, I'd love to have you help us with marketing. Cheers.

The funds might be in "escrow", but isn't that irrelevant if you can't get those funds back out?  Unless the escrow fund is used to create a massive buy back order, the risk is that if things don't go so well for SuperNET and revenues are lower than expected, you'll never get your investment back out at anywhere near the price you paid.

I'm a BTCD investor and supporter since day 1, and a fan of James work in general, but SuperNET makes me nervous.  Truthfully I'm on the fence as to whether to invest or not.

Did you miss the part where there will be a buy wall at NAV?

[paulthetafy]

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

The question is, how much is it worth the risk?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

Im talking from a financial one. 80%+ of the funds are going to be in escrow. Why would the value of the asset drop below that?

Unless you think James or hackers will steal all the coins?

Marketing is entirely different issue - and, yes, part of the reason I think the asset will grow in value.

PS - by the way, are you a BBR holder? I know you despise XMR, but wasn't sure where you stood with BBR. If you are, I'd love to have you help us with marketing. Cheers.

The funds might be in "escrow", but isn't that irrelevant if you can't get those funds back out?  Unless the escrow fund is used to create a massive buy back order, the risk is that if things don't go so well for SuperNET and revenues are lower than expected, you'll never get your investment back out at anywhere near the price you paid.

I'm a BTCD investor and supporter since day 1, and a fan of James work in general, but SuperNET makes me nervous.  Truthfully I'm on the fence as to whether to invest or not.

Did you miss the part where there will be a buy wall at NAV?

I COMPLETELY missed the part where there will be a buy wall at NAV   How on earth did I miss that? In which case, as soon as Craptsy decides to give me back my BTCD they'll be on their way to bter to invest.  Sorry James!

[fox19891989]

LOL, why ppl are dumping? even dump at 0.008.  https://en.bter.com/trade/token_btc

I can't imagine those guys who sold with losses

[41136169]

It seem very little chinese attending these ICO in bter.com(only 500K CNY), bter don't make people to ensure it not a scam, or we don't know how to ensure Jl777 will keep the fund operate transparent instead of his disappear with 10000BTC funds.

It is hard for me to disappear with the funds I do not control
I think it will make sense to keep the CNY inside bter and they can be the escrow for the CNY raised

The SuperTraders will be using bter for most of the trading and these funds are not able to be withdrawn
The rest of the funds will be held in escrows (Xapo, Coinbase, community member multisig)

I will get access to 1%, which is 100 BTC
I will put in 1000 BTC and lose access to it
so now I am 900 BTC of motivations to make sure the escrows are secure!

I have had 20 million NXT in the NXT AE based funds in the SuperNET account that has been there now for over two days. It is still there and I can tell you the only thing the 1600 BTC worth of NXT has made me feel is to find the escrow for it as soon as possible
Since I already am worth ~6000 BTC, the 1600 BTC is a big fraction, but it is not even more than I already have.

I have donated about 40% of my fortune, so I guess I would have had closer to 10000 BTC personally if I didnt give out so much to the 100+ people.

James

Though I don't know the detail escrows operating flow path,  coninbase can be trusted. SuperNet also should be trusted.
thank for your answer.  From recently investment's cryptocurreny types, NXT investment occured the main status. In the future, what type of cryptocurrency benefit will be rewarded from SuperNet? and how to evaluate the SuperNET assets accretion  ?
Is it BTC or NXT? I expect it be BTC.

[41136169]

LOL, why ppl are dumping? even dump at 0.008.  https://en.bter.com/trade/token_btc

I can't imagine those guys who sold with losses

YES, we can sell Supernet Token in bter Now, I just tried to sell out 0.12 token with price 0.00911BTC. Why now can be sold ? Do the ICO stop now?

[jl777]

LOL, why ppl are dumping? even dump at 0.008.  https://en.bter.com/trade/token_btc

I can't imagine those guys who sold with losses

YES, we can sell Supernet Token in bter Now, I just tried to sell out 0.12 token with price 0.00911BTC. Why now can be sold ? Do the ICO stop now?

some people have asked for the ability to sell back the TOKEN, maybe due to needing the funds for some urgent purpose.
It is now possible to sell at 5% below the official price
This allowing of sales has cause many problems, but I feel it is worth the troubles so that anyone can cashout if they need the cashflow.

If they can just wait until the close of fundraising, there will be a nice big buywall at NAV to provide price support

James

[jl777]

It seem very little chinese attending these ICO in bter.com(only 500K CNY), bter don't make people to ensure it not a scam, or we don't know how to ensure Jl777 will keep the fund operate transparent instead of his disappear with 10000BTC funds.

It is hard for me to disappear with the funds I do not control
I think it will make sense to keep the CNY inside bter and they can be the escrow for the CNY raised

The SuperTraders will be using bter for most of the trading and these funds are not able to be withdrawn
The rest of the funds will be held in escrows (Xapo, Coinbase, community member multisig)

I will get access to 1%, which is 100 BTC
I will put in 1000 BTC and lose access to it
so now I am 900 BTC of motivations to make sure the escrows are secure!

I have had 20 million NXT in the NXT AE based funds in the SuperNET account that has been there now for over two days. It is still there and I can tell you the only thing the 1600 BTC worth of NXT has made me feel is to find the escrow for it as soon as possible
Since I already am worth ~6000 BTC, the 1600 BTC is a big fraction, but it is not even more than I already have.

I have donated about 40% of my fortune, so I guess I would have had closer to 10000 BTC personally if I didnt give out so much to the 100+ people.

James

Though I don't know the detail escrows operating flow path,  coninbase can be trusted. SuperNet also should be trusted.
thank for your answer.  From recently investment's cryptocurreny types, NXT investment occured the main status. In the future, what type of cryptocurrency benefit will be rewarded from SuperNet? and how to evaluate the SuperNET assets accretion  ?
Is it BTC or NXT? I expect it be BTC.

the NAV will be calculated in terms of BTC as that is the reference crypto.
dividends will most likely be in terms of BTC and NXT, it is possible that there will be dividends in other currencies also, but they can always be converted to BTC with the small cost of market spread and commission.

James

[jl777]

I COMPLETELY missed the part where there will be a buy wall at NAV   How on earth did I miss that? In which case, as soon as Craptsy decides to give me back my BTCD they'll be on their way to bter to invest.  Sorry James!

My fault, I had written about aftermarket support, but I guess "buywall at NAV" is much clearer
so this clarification wasnt until recently, even I forgot I wrote than in OP

That is what I did for sharkfund0 and I sometimes forget most people are not aware of these details. If there are any other things I can do to provide a benefit for the SuperNET assetholders, just ask!

James

[jl777]

I got a recommendation for https://hashtrust.com/
has anybody used them?

James

[hellobilljoygo]

JL777 see ？what‘s this FUCK？why have sela 0.009B?

[Cassius]

1400 GMT totals for bter after 48 hrs

2014-09-08-14:00:02-GMT SOLD 184773.76681758 TOKEN
809.77367361 BTC, 7643600.83037591 NXT, 16540.68839868 BTCD, 531411.3109014 CNY

NXT AE I didnt snapshot at 1400, currently at 20860018.5840505

I leave it for someone else to calculate the BTC equiv using CMC price

James

Well done.
Can I suggest the CNY is reserved for trading on BTER, since NXT sales have been disproportionately high and you'll need reserves of BTC?

[jl777]

1400 GMT totals for bter after 48 hrs

2014-09-08-14:00:02-GMT SOLD 184773.76681758 TOKEN
809.77367361 BTC, 7643600.83037591 NXT, 16540.68839868 BTCD, 531411.3109014 CNY

NXT AE I didnt snapshot at 1400, currently at 20860018.5840505

I leave it for someone else to calculate the BTC equiv using CMC price

James

Well done.
Can I suggest the CNY is reserved for trading on BTER, since NXT sales have been disproportionately high and you'll need reserves of BTC?

yes, bter will be safekeeping the CNY

[hellobilljoygo]

JL777 see ？what‘s this FUCK？why have sela 0.009B?

JL777?
bter