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TooDumbForBitcoin
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September 01, 2014, 04:04:33 AM |
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What is SuperNET? "TLDR" please.
It is part vendetta.
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jl777 (OP)
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September 01, 2014, 04:41:49 AM |
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Please read OP The funds will be 99% in escrow to be used only for advantaged purchases. See BBR price for last 4 days Any potential dividends from any services of mine or of any other coin added to SuperNET core are priced at 0.00000000 BTC Basically, SuperNET will be making investments with a nice potential upside, keeping the rest idle and safe. A supernetwork of all the coins is created to cross sell the best services available in all of crypto, at least the ones that want to join the SuperNET core and that I find has some unique value. I will not be getting any free shares, I will need to pay for it with my assets, but I will not get more than 10%. so at worst this is a 10% load closed fund. At best it is 100,000+ users who are saving money using decentralized services with lower fees and the revenue sharing is spread among the users, coin communities, but half to the asset holders of SuperNET. Again, the investment cost for this potential is zero. Also, there have already been enough indications of interest to ensure this is happening. Even if only 500 BTC comes in that is enough, so there is no minimum requirement. What comes in comes in. James
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open82buy
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September 01, 2014, 05:53:01 AM |
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Regarding the hack, I would like to point out that we repaid the loss in full to our customers -- we did not pass the loss off onto them and walk away. We have since implemented many security measures to ensure that nothing like that could happen again, including continual auditing of the exchange.
As for Qora, the technology was very new when ShareXCoin was still around, and prone to continual freezes and blockchain corruptions. We kept on top of them as best we could, but wallet downtime was unavoidable as it had to be resynced and the wallet rebuilt.
BTC from the ICO would be funneled straight into cold storage; no part of it would remain in the hot wallet for any appreciable length of time.
+1 My trust went up after the above and I would trust them with my BTC.
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ownerbest
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September 01, 2014, 06:40:22 AM |
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Don't you think you are too busy now? As you are in so many projects.
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JohnnyBTCSeed
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September 01, 2014, 06:41:48 AM |
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@jl777 Thanks for the last reply. Your ideas are quite impressive; Id love to subscribe to your newsletter. It seems there isn't much that you can't come up with. Now if only you came up with a coin or an asset that maintained a non-fluctuating value. Something to peg these fluctuating cryptos to that wasn't part of the fiat world. Wait, I feel a glitch in the Matrix. Have you already come up with something like this? Oh, and picked up some BBR for the jl777 effect.
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jl777 (OP)
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September 01, 2014, 06:53:58 AM |
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@jl777 Thanks for the last reply. Your ideas are quite impressive; Id love to subscribe to your newsletter. It seems there isn't much that you can't come up with. Now if only you came up with a coin or an asset that maintained a non-fluctuating value. Something to peg these fluctuating cryptos to that wasn't part of the fiat world. Wait, I feel a glitch in the Matrix. Have you already come up with something like this? Oh, and picked up some BBR for the jl777 effect. this + BTCD thread is my newsletter I am a generalist, it helps to solve problems from many different areas Actually there is a decentralized way to do what you are saying. I was going to do it next year
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jl777 (OP)
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September 01, 2014, 06:57:29 AM |
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Don't you think you are too busy now? As you are in so many projects.
yes and yes. good thing people are volunteering to help me out. Now there are three fulltime people plus Poloniex will be dealing with all the ICO logistics. Outside of coding, I am just a "vision" guy. I dont actually do anything, just make the ideas and find the people who are liking the ideas and have the skills to do what is needed James P.S. I also watch 0 TV, which seems to give me a big advantage in time available
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superresistant
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September 01, 2014, 07:08:30 AM |
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Is busoni from Poloniex following this thread ? We would like some update about how is he gonna manage this IPO.
EDIT : Oh right I just saw a post from him earlier in the thread.
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tj303
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September 01, 2014, 07:12:11 AM |
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@jl777
What you are doing is very impressive! This may sound like a joke, but a coin to keep in mind is Ora. It's not a coin so much as it is a collection of non-sockpuppet users right now. A lot of effort went into weeding the puppets.It only exists as stakes on the nxt ae. It was freely distributed in the first round, second round will be free too. It is no longer trying to be a clone of cora and is looking for a direction. It is unique because it is a blank slate with a large and positive stakeholder base. Not sure if this is useful in the superNet, but it is definitely unique. Keep up the good work!
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jl777 (OP)
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September 01, 2014, 07:42:49 AM |
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@jl777
What you are doing is very impressive! This may sound like a joke, but a coin to keep in mind is Ora. It's not a coin so much as it is a collection of non-sockpuppet users right now. A lot of effort went into weeding the puppets.It only exists as stakes on the nxt ae. It was freely distributed in the first round, second round will be free too. It is no longer trying to be a clone of cora and is looking for a direction. It is unique because it is a blank slate with a large and positive stakeholder base. Not sure if this is useful in the superNet, but it is definitely unique. Keep up the good work!
I have been in touch with the creator already. He seems very talented in organizing. I gave him some advices and I am thinking that down the road something could happen, but from what I understand there is not much tech yet, so the first step is to figure out the unique value that Ora can offer. I am very happy there are so many coins that are not just the cut and paste and change some settings coins. These coins will certainly be important as they will be the clients of the SuperNET core services, but we cant be cluttering the core with clones. So, just making a clone is not enough anymore. However, all you need is one unique feature that is appealing to many peoples. Then SuperNET will offer this to all its users and if your feature is really cool, it will get some regular users and your coin grows in popularity. There wont be the need to beg to get on exchanges, as the tradings are built in. James
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jl777 (OP)
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September 01, 2014, 07:44:37 AM |
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Is busoni from Poloniex following this thread ? We would like some update about how is he gonna manage this IPO.
EDIT : Oh right I just saw a post from him earlier in the thread.
The details are almost done, but I will let Poloniex announce the specifics as i dont know the exact date, etc. Most of what I requested seems like it is possible, so to get a rough idea you can read it in the thread James
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jl777 (OP)
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September 01, 2014, 07:47:40 AM |
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I truly appreciate your extensive reply! sorry you felt snubbed. You have to understand I am totally flooded with PM's and had to setup a new team and coordinate with Poloniex, so I skipped the posts that took long time to answer. If there are any other questions, please ask James
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Este Nuno
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amarha
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September 01, 2014, 08:19:13 AM |
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So if someone buys BTCD they can also get the 5% discount for the IPO?
Since BTCD is the center of the superNET I assume anyone interested in the superNET will be big BTCD holders as well. (and NXT as talked about eailer)
As people start to move their BTC over to Poloniex I'm guessing a lot of that 1000 BTC plus is going to be flowing in to BTCD and NXT. BTCD for people interested in anonymity and NXT for asset trading.
jl777, do you intend to fully support BTCD with the superNET? Will BTCD be the first wallet to have superNET integration?
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One Apple
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September 01, 2014, 08:26:19 AM |
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Ok,james effect is amazing,you can run a company james..
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jl777 (OP)
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September 01, 2014, 08:31:34 AM |
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So if someone buys BTCD they can also get the 5% discount for the IPO?
Since BTCD is the center of the superNET I assume anyone interested in the superNET will be big BTCD holders as well. (and NXT as talked about eailer)
As people start to move their BTC over to Poloniex I'm guessing a lot of that 1000 BTC plus is going to be flowing in to BTCD and NXT. BTCD for people interested in anonymity and NXT for asset trading.
jl777, do you intend to fully support BTCD with the superNET? Will BTCD be the first wallet to have superNET integration?
Yes BTCD and NXT get a 5% bonus (really similar to discount) but the spread is usually about that, so it probably wont really help to do this, unless you are talking a small amount, or you are patient buyer SuperNET is bigger than any single coin community, but I do expect that since both the BTCD and NXT communities have people that have literally made millions of USD by investing in my assets/coin that they will have a higher than average percentage of SuperNET investment. BTCD is my coin, so of course I will support it and yes we will get all the kinks out of SuperNET integration process with BTCD so that the other coins go much smoother Once the investors realize that SuperNET is selling for 110% of book value (BTC, BTCD and NXT) and that all the potential revenues from the clicks and dividends arent priced into the IPO price, I think the amounts of BTC coming in will be much more than any two coin communities can come up with. James
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hologram
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September 01, 2014, 08:32:01 AM |
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Ok,james effect is amazing,you can run a company james..
Nope, his talent is more valuated here
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jl777 (OP)
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September 01, 2014, 08:34:02 AM |
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Ok,james effect is amazing,you can run a company james..
Nope, his talent is more valuated here fiat world is too competitive, not much fun and if you dont have enough money you have no chance big salaries, maybe unions, labor laws, expensive offices, overhead, meetings, I think I will keep doing crypto
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hologram
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September 01, 2014, 08:41:50 AM |
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Was my point, free market analysis tell us that you create more added value here cause in the crypto world less resources are spend in useless stuff
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jeezy
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September 01, 2014, 08:48:42 AM |
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Exciting times ahead! Not sure about I feel about trusting Poloniex with this kind of money tho.
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