unibean
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September 01, 2014, 08:52:58 AM Last edit: September 01, 2014, 09:03:19 AM by unibean |
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I'm in. When does ipo start?
up to poloniex Do you mean you are ready for IPO anytime while Poloniex is not ready yet? well, the idea for IPO came to me 8 hrs ago within an hour Polo agreed to host IPO, but something about midnite friday, so there was no time to finalize the details Tristan is very quick so I dont expect it will take them very long to get ready I expect the ipo to be most of September Does anybody have any concerns with Poloniex having all 5000BTC in their pocket at one point of time ? I recall an incident with Poloniex hack that made them pass this loss on their customers to avoid completely goxing. I don't remember size of that loss, but I guess 5000BTC is quite big amount if lost. That loss may gox them. Also considering the time when Poloniex and ShareXCoin exchange were the only exchanges that had QORA, Poloniex had some trouble that made me (and other people) send my money to ShareXCoin where I successfully lost 100% of my deposit (I don't care about ShareXCoin much because I would lose 80% of it after QORA dump anyway, but I care that Poloniex gave me that incentive). James, do you have any plans to withdraw portions of those 5000BTC as they flow into Poloniex pockets to prevent Poloniex having all of them at some point in time ? If not, what can I read about Poloniex business to make me trust them ? Also why not have IPO on 2 or 3 exchanges to avoid putting all 5000 eggs into one basket ? 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 Polo has a record prove that they do take good care of their business and customers' In an Alt-world of the last few months i guess Polo is the right platform If 5kBTC is a major concern special arrangement could be but in place. But i think Polo will and is the right place to start an honest and smart project.
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ownerbest
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September 01, 2014, 08:59:03 AM |
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I'm in. When does ipo start?
up to poloniex Do you mean you are ready for IPO anytime while Poloniex is not ready yet? well, the idea for IPO came to me 8 hrs ago within an hour Polo agreed to host IPO, but something about midnite friday, so there was no time to finalize the details Tristan is very quick so I dont expect it will take them very long to get ready I expect the ipo to be most of September Does anybody have any concerns with Poloniex having all 5000BTC in their pocket at one point of time ? I recall an incident with Poloniex hack that made them pass this loss on their customers to avoid completely goxing. I don't remember size of that loss, but I guess 5000BTC is quite big amount if lost. That loss may gox them. Also considering the time when Poloniex and ShareXCoin exchange were the only exchanges that had QORA, Poloniex had some trouble that made me (and other people) send my money to ShareXCoin where I successfully lost 100% of my deposit (I don't care about ShareXCoin much because I would lose 80% of it after QORA dump anyway, but I care that Poloniex gave me that incentive). James, do you have any plans to withdraw portions of those 5000BTC as they flow into Poloniex pockets to prevent Poloniex having all of them at some point in time ? If not, what can I read about Poloniex business to make me trust them ? Also why not have IPO on 2 or 3 exchanges to avoid putting all 5000 eggs into one basket ? 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. I trust busoni
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Este Nuno
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amarha
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September 01, 2014, 09:03:24 AM |
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I'd trust Poloniex over anyone else in this market definitely.
-American company -Had a chance to pull a gox and did not -Paid 90 BTC out of their own pocket to users -Actively improves security -Trusted by lots of established names with big money already
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ownerbest
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September 01, 2014, 09:04:58 AM |
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I'd trust Poloniex over anyone else in this market definitely.
-American company -Had a chance to pull a gox and did not -Paid 90 BTC out of their own pocket to users -Actively improves security -Trusted by lots of established names with big money already
+1
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aust7.7
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September 01, 2014, 09:10:15 AM |
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My friends tell me to keep an big eye with this topic,he said this chance may make me rich
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ASICHEAD
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September 01, 2014, 09:12:16 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 Hi James , You should immediately to start IPO . See the result on the first day of IPO , most problems will solve . I can assure you , we will win .
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jl777 (OP)
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September 01, 2014, 09:15:04 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 Hi James , You should immediately to start IPO . See the result on the first day of IPO , most problems will solve . I can assure you , we will win . sell fiat, its doomed
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sdersdf2
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September 01, 2014, 10:10:12 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 This highlights the potential of crypto - it really is one of the last truly free markets on earth for innovators, innovation, trade and growth. Really hope scammers/governments/regulators dont ruin the great potential of this ecosystem.
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jeezy
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September 01, 2014, 10:20:22 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 This highlights the potential of crypto - it really is one of the last truly free markets on earth for innovators, innovation, trade and growth. Really hope scammers/governments/regulators dont ruin the great potential of this ecosystem. There always were, are and will be "criminals" in every ecosystem.
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sdersdf2
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September 01, 2014, 10:27:50 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 This highlights the potential of crypto - it really is one of the last truly free markets on earth for innovators, innovation, trade and growth. Really hope scammers/governments/regulators dont ruin the great potential of this ecosystem. There always were, are and will be "criminals" in every ecosystem. True, but the "criminals" in this one pose a uniquely large risk of undermining this ecosystem by prompting the kind of overregulation that could kill large parts of it. We all know how the feedback loop works between corrupt politicians/governments and the scapegoats they use to amass more power and destroy business, industries and entire economies. Again, hoping that wont happen or at least that the system will technologically evolve fast enough to become resilient to this.
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mladen00
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K-ing®
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September 01, 2014, 01:30:40 PM |
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Meybe you can do implementation with Node
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IOTA
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griffinriz
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September 01, 2014, 02:32:44 PM |
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will you add XMR too? waiting for IPO
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devphp
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September 01, 2014, 02:35:15 PM |
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will you add XMR too? waiting for IPO It's a good idea to read the thread before posting, this question has been asked.
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griffinriz
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September 01, 2014, 02:36:39 PM |
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will you add XMR too? waiting for IPO It's a good idea to read the thread before posting, this question has been asked. Sorry but couldnt read the whole thread, so Yes or No?
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hologram
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September 01, 2014, 02:39:56 PM |
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It's a good idea to read the thread before posting, this question has been asked.
+1
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hologram
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September 01, 2014, 02:40:38 PM |
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Sorry but couldnt read the whole thread, so Yes or No?
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keyxkey
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September 01, 2014, 02:42:02 PM |
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I'd trust Poloniex over anyone else in this market definitely.
-American company -Had a chance to pull a gox and did not -Paid 90 BTC out of their own pocket to users -Actively improves security -Trusted by lots of established names with big money already
I thought I was the only person trusting Poloniex but luckily I'm not alone.
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griffinriz
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September 01, 2014, 02:45:25 PM |
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Well thats bad, they shouldnt have done that.
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hologram
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September 01, 2014, 03:43:42 PM |
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in september.
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