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

[jl777fan]

I'll ask again... How do you convert your TOKEN to UNITY on AE?

You can't yet.

When's the wall at NAV coming? I want to reinforce it.  

Can you explain what you're talking about?  NAV wall?

James will use 1% of the raised funds to put up a buywall at the average value paid for TOKEN during the fundraising campaign.

I sell  300 unity  in  bter.

[PilotofBTC]

Anybody knows how to get a rich list? I suppose most whales bought TOKEN for Nxt on Nxt AE, there should be a way to see who holds the largest amounts of tokens.

I think all 3 of the nxt block chain explorers show asset holder lists.

Here's one:

http://nxtexplorer.com/nxt/nxt.cgi?action=4000&switch=9&id=15641806960898178066&p=1

[allwelder]

All assets from JL777 is for long term invest profit,the more the better.
NXTventure,privatebet,nxtprivacy,tradebots, instantdex,mgw...all are the same,supernet is of course for long investors.

[PilotofBTC]

Can someone update the OP with the official asset id of UNITY?

I'm pretty sure that asset is going to be called superNET not Unity. So, the Unity asset is obviously fake. If your gonna spam people, at least do your homework people.

[PilotofBTC]

I now have UNITY in my BTER account; however, I am not comfortable leaving my "coins" on an exchange. Any suggestions?

withdraw them to your nxt client.

I don't have a nxt client. I will research how to set up one. Is there a link?

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

[PilotofBTC]

Looks like a load of people are dumping to make quick profits.
Assuming they are bought by SuperNET, once the buy wall's up, does that simply increase SuperNET's share of the assets or does it have an antidilutive effect for everyone?

I am pretty sure the buy wall will be on the NXT AE rather than BTER.

And no, that NAV doesn't change based on who owns the shares. I assume he will work like a market maker... buy at NAV and sell at some small amount above NAV.

[habraken]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

[Cassius]

Looks like a load of people are dumping to make quick profits.
Assuming they are bought by SuperNET, once the buy wall's up, does that simply increase SuperNET's share of the assets or does it have an antidilutive effect for everyone?

I am pretty sure the buy wall will be on the NXT AE rather than BTER.

And no, that NAV doesn't change based on who owns the shares. I assume he will work like a market maker... buy at NAV and sell at some small amount above NAV.

Much as I hate to quote Wikipedia:
"Share repurchases are an alternative to dividends. When a company repurchases its own shares, it reduces the number of shares held by the public. The reduction of the float,[6] or publicly traded shares, means that even if profits remain the same, the earnings per share increase. Repurchasing shares when a company's share price is undervalued benefits non-selling shareholders (frequently insiders) and extracts value from shareholders who sell."

I guess it depends what's done with the shares and how the buyback is funded?

[PilotofBTC]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

It is 100% client based code and everything that happens happens on the blockchain. So, you can always just use your account on a local NRS wallet if you want. Nothing ties you to the service in any way.

This is much different than an exchange where you coins and assets are nothing more than a database entry.
 

[habraken]

It is 100% client based code

But we need to 'trust' you on that

[allwelder]

How to convert TOKEN to real Super on AE,just wait?

[PilotofBTC]

It is 100% client based code

But we need to 'trust' you on that

No you don't. Open up your development tools in the browser and watch what happens when you use it. You will see what is being sent. Also, I think Wesley is one of the principals of secureae.

But, why do you TRUST NRS any more? I could be just as easily sending your passphrase somewhere and you would have no idea unless you watched the traffic. It could even encrypt it and send it somewhere.

Using a native app opens you up to more risk. You could be subject of a man in the middle attack, get a modified NRS which scans your PC for wallet.dat files and sends them off online.

[cryptodance]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

It is 100% client based code and everything that happens happens on the blockchain. So, you can always just use your account on a local NRS wallet if you want. Nothing ties you to the service in any way.

This is much different than an exchange where you coins and assets are nothing more than a database entry.
 

Just curious if other long term UNITY holders will keep their assets on BTER, other online service, or transfer them to a wallet on their computer.

[PilotofBTC]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

It is 100% client based code and everything that happens happens on the blockchain. So, you can always just use your account on a local NRS wallet if you want. Nothing ties you to the service in any way.

This is much different than an exchange where you coins and assets are nothing more than a database entry.
 

Just curious if other long term UNITY holders will keep their assets on BTER, other online service, or transfer them to a wallet on their computer.

I will always hold the bulk of my coins and assets in my accounts on the relevant blockchain. (not technically on my computer).

[ShortBTCD]

Looks like a load of people are dumping to make quick profits.
Assuming they are bought by SuperNET, once the buy wall's up, does that simply increase SuperNET's share of the assets or does it have an antidilutive effect for everyone?

I am pretty sure the buy wall will be on the NXT AE rather than BTER.

And no, that NAV doesn't change based on who owns the shares. I assume he will work like a market maker... buy at NAV and sell at some small amount above NAV.

I can't be bothered to go looking it up, but my recollection is that James planned to implement the buy wall on both AE and BTER.  Could be wrong.  Often am.

[cryptodance]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

It is 100% client based code and everything that happens happens on the blockchain. So, you can always just use your account on a local NRS wallet if you want. Nothing ties you to the service in any way.

This is much different than an exchange where you coins and assets are nothing more than a database entry.
 

Just curious if other long term UNITY holders will keep their assets on BTER, other online service, or transfer them to a wallet on their computer.

I will always hold the bulk of my coins and assets in my accounts on the relevant blockchain. (not technically on my computer).

Explain, "not technically on my computer."

[habraken]

No you don't. Open up your development tools in the browser and watch what happens when you use it. You will see what is being sent. Also, I think Wesley is one of the principals of secureae.

That would be all greek to me, I consider myself technologically challenged in this area.

But, why do you TRUST NRS any more? I could be just as easily sending your passphrase somewhere and you would have no idea unless you watched the traffic. It could even encrypt it and send it somewhere.

Using a native app opens you up to more risk. You could be subject of a man in the middle attack, get a modified NRS which scans your PC for wallet.dat files and sends them off online.

Because of the more official source which I trust, it's linked a lot on the NXT forum. And I think it's easier to create a scam website with simple popups asking for passwords than scam people with a dedicated app. I don't know who's behind secureae.com, could be someone in Tokyo.

Anyway, this is getting offtopic

[crackfoo]

How to convert TOKEN to real Super on AE,just wait?

yeah just wait for James to provide the details.

[PilotofBTC]

I highly suggest trade.secureae.com. A simple online NXT wallet with the Asset Exchange front an center.

If he's not comfortable leaving assets on an exchange, he might not be comfortable with online services either

It is 100% client based code and everything that happens happens on the blockchain. So, you can always just use your account on a local NRS wallet if you want. Nothing ties you to the service in any way.

This is much different than an exchange where you coins and assets are nothing more than a database entry.
 

Just curious if other long term UNITY holders will keep their assets on BTER, other online service, or transfer them to a wallet on their computer.

I will always hold the bulk of my coins and assets in my accounts on the relevant blockchain. (not technically on my computer).

Explain, "not technically on my computer."

The blockchain is a ledger of all the transactions that have happened on a coins network. It uses a concept called event sourcing. Basically, anytime something happens a new "record" is added to the database, rather than it modifying existing data. To determine the current "state" of any account/address you start from the beginning and look at all the events that occured for that account.

So, your coins are in this ledger. If you don't download the blockchain your coins aren't really "on your computer". If you use Electrum for example, it doesn't download the bitcoin blockchain. So, the coins aren't "on your computer". I know it is semantics, but as a dev I tend to be a bit pedantic about tech stuff.

I have never downloaded the bitcoin or via blockchains, so my coins aren't really on "my computer". That's what I was saying. This is why web wallet, vs lightweight wallet vs native wallet is really more a preference thing. I like being able to walk up to any computer and login into my blockchain.info wallet. Also, like being able to use my phone to spend from that wallet, rather than having my mobile wallet be a separate set if keys from a qt wallet on my PC.

[Riddikulo]

Any link to watch the Unity at NXT AE?