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

[Porte]

Hello James and all.

I would like to ask a basic question.

Ok I read we will get 15 per cent if we buy the first day, Buying at 127 and now its 123, its not like we are making 15 per cent but losing 15 per cent. What is the poingt to encourage people to buy the first day as a gratification of getting 15 per cent more when actually you end up losing 15 per cent or more, and what if tomorrow carry going down? who makes the Token going from 127 to 123, I don't get anything at all.

[jeezy]

James,

can you put YOUR current NXT AE price somewhere clear to see? Like the first post of this thread in big green bold numbers or something. It's hard to know what the "official" price currently is, just observing the NXT AE.

Thanks

[nrvkush]

James,

can you put YOUR current NXT AE price somewhere clear to see? Like the first post of this thread in big green bold numbers or something. It's hard to know what the "official" price currently is, just observing the NXT AE.

Thanks

http://nxtreporting.com/?as=15641806960898178066

[jl777]

James,

I think you might have made a mistake in only allocating 1% of the superNET funds. That seems like too low of an amount to cover all the expenses that will be required. Development for all aspects would benefit from multiple developers, superNET core code, GUI(I know you don't do GUI and you do have some people already), code reviews, security audits, all of these things are worth doing. And the cost of hiring good technical people can add up fast, and with a project of this size 50 or 100 BTC doesn't sound like very much to me considering projects are often raising 10-20 times that amount for development alone.

So I guess my question to you is whether or not you plan to pay for essential development expenses out of the superNET funds. Because I think it's important that you do so in order to make sure you get the best people helping you create the best product you can.

Don't limit yourself and the funds you can use to make your project the best it can be just to avoid message board trolls. I hope you get the freedom to leverage this amount of money to make superNET fully vetted and fully secure.

if the 1% is not enough, then we can have a voting to allocate more of the investment funds, this cannot be arbitrarily changed as it was the "SuperNET rules" in effect the moment the first funds came in.

Now, there is 10% of the revenues that are available
I also want more a cause based volunteers than paid guys, though if we need to we will.
I can always fund some small expenses out of pocket and the NXTventure can also fund a few devs who are monetized via an asset who also do some key work.

I am fairly efficient at resource usage, so we will see if it is enough or not.
the problem is that I have a hard time to find any devs and it is just easier to do it myself than all this recruiting and explaining
when we get some few coins being added, then I think working with the other coindevs will quickly get the stuff done that we need.

So, there are quite a few possibilities and I have no idea what is the best one from this distance. I definitely agree about the code reviewing, so lets wait a bit to see what the funds available are what the costs are and what the revenues levels are, or at least some of them.

i think a really good use of the decentralized voting is to find a qualified code review, get the cost for the project and then submit it for a vote. Then the funds for these one time projects are allocated on a onetime basis.

James

[TwinWinNerD]

Hello James and all.

I would like to ask a basic question.

Ok I read we will get 15 per cent if we buy the first day, Buying at 127 and now its 123, its not like we are making 15 per cent but losing 15 per cent. What is the poingt to encourage people to buy the first day as a gratification of getting 15 per cent more when actually you end up losing 15 per cent or more, and what if tomorrow carry going down? who makes the Token going from 127 to 123, I don't get anything at all.

It is calculated from the BTC price. Todays TOKEN price in BTC is 15% lower as BTC TOKEN price in 2 weeks.

Noone can control the price of NXT/BTC.

Stop fud and inform yourself...

[threecats]

Hello James and all.

I would like to ask a basic question.

Ok I read we will get 15 per cent if we buy the first day, Buying at 127 and now its 123, its not like we are making 15 per cent but losing 15 per cent. What is the poingt to encourage people to buy the first day as a gratification of getting 15 per cent more when actually you end up losing 15 per cent or more, and what if tomorrow carry going down? who makes the Token going from 127 to 123, I don't get anything at all.

The value of your purchase currency is rising. This is the difference.

[subSTRATA]

100,000+ nodes will do quite a lot of InstantDEX, Teleport, Privatebet, Tradebots, etc.

Went through .pdf file and some other places, starting post here and then noticed the number above. Out of all craps by now from jl777 mouths that one is the biggest one.

jl777 is a pirate40 (nefario) in the making, watch out.

Hey, I know your FUD from some months ago, I see you're still on that path of darkness

Given that majority of people are just like you - on a path of light - and the state of The World today, that is a compliment, thanks.

Number of nodes on majority of cryptocoin networks is few hundreds at best (Bitcoin is at 8,000 reachable nodes) yet SuperNET will reach 100,000+ nodes, complete bullshit but
that does not really matter to you - just like none of other craps by jl777 and his buddies, it is all fine (until you finaly realise what the fuck have you participated in and done)!

[jl777]

Hello James and all.

I would like to ask a basic question.

Ok I read we will get 15 per cent if we buy the first day, Buying at 127 and now its 123, its not like we are making 15 per cent but losing 15 per cent. What is the poingt to encourage people to buy the first day as a gratification of getting 15 per cent more when actually you end up losing 15 per cent or more, and what if tomorrow carry going down? who makes the Token going from 127 to 123, I don't get anything at all.

in BTC it only goes up
the rates are then converted to other currencies using 24hr CMC SMA

[jl777]

James,

can you put YOUR current NXT AE price somewhere clear to see? Like the first post of this thread in big green bold numbers or something. It's hard to know what the "official" price currently is, just observing the NXT AE.

Thanks

i am barely keeping up. I look at the bter price and use that if the inventory is running low
I could just set it to 140 and not be updating and put that in the OP
but i think people are getting a better deal while I am awake to do this
when I go offline, I will have to put it ~5NXT away from BTER price

[jl777]

@James

Are you positive it is a good idea to end up with an asset priced in NXT after putting such emphasis on the BTC price throughout the ICO?   

all the exchanges will trade in BTC, so I dont see any problems
Also InstantDEX

[windjc]

@James

Are you positive it is a good idea to end up with an asset priced in NXT after putting such emphasis on the BTC price throughout the ICO?   

all the exchanges will trade in BTC, so I dont see any problems
Also InstantDEX

By the way James, I assume you know that Rpeitila is all over BTT and exchange chat rooms telling people that Supernet is likely a scam. He's on quite the rampage. Saying your a nice guy, but this is most likely a scam.

[threecats]

Rptelia has gone so deep down the xmr rabbit hole that he has lost the credibility he once had. His beef is an xmr - bbr beef.

[serjent05]

100,000+ nodes will do quite a lot of InstantDEX, Teleport, Privatebet, Tradebots, etc.

Went through .pdf file and some other places, starting post here and then noticed the number above. Out of all craps by now from jl777 mouths that one is the biggest one.

jl777 is a pirate40 (nefario) in the making, watch out.

Hey, I know your FUD from some months ago, I see you're still on that path of darkness

Given that majority of people are just like you - on a path of light - and the state of The World today, that is a compliment, thanks.

Number of nodes on majority of cryptocoin networks is few hundreds at best (Bitcoin is at 8,000 reachable nodes) yet SuperNET will reach 100,000+ nodes, complete bullshit but
that does not really matter to you - just like none of other craps by jl777 and his buddies, it is all fine (until you finaly realise what the fuck have you participated in and done)!

and i am kinda qrious this argument is being  neglected though; the 100,000 nodes is this deliberately ignored?

[bitcoinwonders010]

the thing this scam will affect BTCD as james developed there. no identity big red card for the amount of bitcoins he is asking

[thevampireskilledit]

the thing this scam will affect BTCD as james developed there. no identity big red card for the amount of bitcoins he is asking

lol. btcd is up quite a bit and probably continuing the overall trend.

[Wob]

the thing this scam will affect BTCD as james developed there. no identity big red card for the amount of bitcoins he is asking

scary stuff

[jl777]

@James

Are you positive it is a good idea to end up with an asset priced in NXT after putting such emphasis on the BTC price throughout the ICO?   

all the exchanges will trade in BTC, so I dont see any problems
Also InstantDEX

By the way James, I assume you know that Rpeitila is all over BTT and exchange chat rooms telling people that Supernet is likely a scam. He's on quite the rampage. Saying your a nice guy, but this is most likely a scam.

if he wants to look a fool, what am I to do?

[jl777]

the thing this scam will affect BTCD as james developed there. no identity big red card for the amount of bitcoins he is asking

scary stuff

yes, i will have 23 bitcoins so far. what will I do with all those bitcoins?

[Hotmetal]

yes, i will have 23 bitcoins so far. what will I do with all those bitcoins?

James, are you "The Wolf of Crypto-Street"?

[jl777]

100,000+ nodes will do quite a lot of InstantDEX, Teleport, Privatebet, Tradebots, etc.

Went through .pdf file and some other places, starting post here and then noticed the number above. Out of all craps by now from jl777 mouths that one is the biggest one.

jl777 is a pirate40 (nefario) in the making, watch out.

Hey, I know your FUD from some months ago, I see you're still on that path of darkness

Given that majority of people are just like you - on a path of light - and the state of The World today, that is a compliment, thanks.

Number of nodes on majority of cryptocoin networks is few hundreds at best (Bitcoin is at 8,000 reachable nodes) yet SuperNET will reach 100,000+ nodes, complete bullshit but
that does not really matter to you - just like none of other craps by jl777 and his buddies, it is all fine (until you finaly realise what the fuck have you participated in and done)!

and i am kinda qrious this argument is being  neglected though; the 100,000 nodes is this deliberately ignored?

I asked if there were any valid questions in the 3 pages of FUD while I was doing the compensations.
this is the first I see. there must be some confusion!!
https://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter

this says there are over 1 million bitcoin users, most with presumable a QT wallet running
Each QT wallet will become a SuperNET node
does this answer your concern?
NXT alone has ~25000 users, so we get one quarter the way there.
Now 100K users is an estimate, just like by 10K BTC was an estimate. I am not always right, but I am not usually wrong