Only reason why there's are price issues right now is because some people bought A LOT cheaper in the ICO than others and therefore they are in the position to dump at will and make a profit even at a price lower than the btc ico price...
That kinda assures dumping and loss for those who bought in with btc, at least at first.
I think the assumption this was a FIMK dump venue could be true. There was no real logical reason to make FIMK so much cheaper than other currencies options for the ICO participants.
Topic: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* - page 290. (Read 418460 times)
August 11, 2016, 06:07:51 AM
August 11, 2016, 05:49:09 AM
I am getting confused here. Maybe I did my calculations wrong but arent we below bitcoin stage 2? If i am wrong i will delete my comments not to confuse.
Well I think the problem is that everyone is confused.If the 1.45 multiplier is addded to the tokens hold on launch you will lose money at the current price. If the multiplier is added to what you had at the end of the ICO then you will be making a profit at the current price.
I think we need the devs to give a clear answer to this.
I'm guessing ccex will have to freeze trading and multiply all heat balances by 1.45, once they get the green light from the heat devs.
August 11, 2016, 05:38:46 AM
I am getting confused here. Maybe I did my calculations wrong but arent we below bitcoin stage 2? If i am wrong i will delete my comments not to confuse.
Well I think the problem is that everyone is confused.If the 1.45 multiplier is addded to the tokens hold on launch you will lose money at the current price. If the multiplier is added to what you had at the end of the ICO then you will be making a profit at the current price.
I think we need the devs to give a clear answer to this.
August 11, 2016, 05:17:59 AM
I am getting confused here. Maybe I did my calculations wrong but arent we below bitcoin stage 2? If i am wrong i will delete my comments not to confuse.
The price you are referencing is a heat IOU on an exchange which hardly anyone uses (5.33 BTC daily volume)
Did you pay no attention to Lisk and Waves? Where the IOU prices on yobit had no correlation to what the actual price was at mainnet launch?
Actually you are wrong on this. LISK and Waves on Yobit were just IOU, not connected with official presale in anyway. Here we are having two Exchanges that were officialy offering the presale of this coin and then immediate trading. Once again if I am wrong I will be happy to delete my comments but it seems I am actually right on this - we are trading below BTC tier 2.
CCEX is owed X amount of heat from heat devs when mainnet launches. Yobit was owed X amount of Lisk from Lisk devs when mainnet launched.
In both situations they are a very limited supply of pre-launch IOUs, which cannot be withdrawn/deposited, not actual coins.
August 11, 2016, 05:09:53 AM
I am getting confused here. Maybe I did my calculations wrong but arent we below bitcoin stage 2? If i am wrong i will delete my comments not to confuse.
The price you are referencing is a heat IOU on an exchange which hardly anyone uses (5.33 BTC daily volume)
Did you pay no attention to Lisk and Waves? The pre-launch IOU prices on small exchanges like yobit and bloombit had no correlation to what the actual price was at mainnet launch.
August 11, 2016, 04:52:13 AM
Another ICO trading way below ICO price. I think launching IOU trading on the exchanges immediately after end of ICO is the cause. On the other hand Stratis ICO trading x2 ICO price, so I am not sure if this is good or bad times for ICOs.
It is above ICO price if you paid in fimk. Also there seem to be some confusion about how the 1.45 token multiplier will be added which is causing people to sell their stake at too low a price.But for most people (those who paid in BTC, ETH etc.) it is way below ICO. As it was suggested before, this was simply bailout coin for people who wanted to get rid of FIMK. You have been warned in this thread before. I invested small amount I can afford to lose just in case but it seems ani chance to see this on Polo after it badane obvious it was just a bailout coin. Dev protected himself though writing here that he is not interested in Polo. Anyway, going to wait to September before dumping on a loss, just in case.
What'chu talkin' 'bout, Milkman? Your comments are misleading.
There's 0.75 BTC worth of heat on sell side of ccex until price is at 0.0002 BTC, which would be x2 stage 1 ico price
Daily volume on ccex is 5.33 BTC
Ccex is not an accurate reflection of the market. The supply of heat and btc on ccex is a tiny % of the real market for heat
August 11, 2016, 04:51:44 AM
Another ICO trading way below ICO price. I think launching IOU trading on the exchanges immediately after end of ICO is the cause. On the other hand Stratis ICO trading x2 ICO price, so I am not sure if this is good or bad times for ICOs.
It is above ICO price if you paid in fimk. Also there seem to be some confusion about how the 1.45 token multiplier will be added which is causing people to sell their stake at too low a price.But for most people (those who paid in BTC, ETH etc.) it is way below ICO. As it was suggested before, this was simply bailout coin for people who wanted to get rid of FIMK. You have been warned in this thread before. I invested small amount I can afford to lose just in case but it seems ani chance to see this on Polo after it badane obvious it was just a bailout coin. Dev protected himself though writing here that he is not interested in Polo. Anyway, going to wait to September before dumping on a loss, just in case.
If you look at the paid BTC/HEAT then its still above ICO price for most people.
August 11, 2016, 04:44:11 AM
Another ICO trading way below ICO price. I think launching IOU trading on the exchanges immediately after end of ICO is the cause. On the other hand Stratis ICO trading x2 ICO price, so I am not sure if this is good or bad times for ICOs.
It is above ICO price if you paid in fimk. Also there seem to be some confusion about how the 1.45 token multiplier will be added which is causing people to sell their stake at too low a price. August 11, 2016, 12:13:17 AM
Yeeeeeeeeeeeeee
August 10, 2016, 11:14:00 PM
who is in the heat slack group? please invite me to join. my email is [email protected]
August 10, 2016, 09:43:37 PM
Yeeeeeeeeeeeeee
August 10, 2016, 05:04:44 PM
August 10, 2016, 09:22:16 AM
My body is ready for september
August 09, 2016, 07:36:17 PM
But C-Cex buyers will also get x1.45 their HEAT, right?
When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?
The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon.
You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed.
You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed.
We've got the preliminary number for the distribution multiplier:
Number of HEAT coins per stake = 1.45 x stake
All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT.
Number of HEAT coins per stake = 1.45 x stake
All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT.
August 09, 2016, 06:29:07 PM
Whats the process by which we will claim our HEAT?
Thx
Thx
August 09, 2016, 05:33:19 PM
Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
But C-Cex buyers will also get x1.45 their HEAT, right?
August 09, 2016, 05:30:58 PM
Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
* Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price.i understand the buy price will be after we get the extra coins, Kazadar is saying strange that ppl selling lower than the buy price
August 09, 2016, 05:22:29 PM
* Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price.But 0.000065 is only profitable for the fimk investors so I still consider it very low.
August 09, 2016, 05:15:56 PM
Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.
* Edit - Btw I do find it a bit strange that people are already selling under ICO price.
Pls look at the bottom right part of the image posted above. That'll be the real ICO price. August 09, 2016, 05:04:29 PM
Can anyone confirm that the HEAT tokens purchased on CCEX are safe. i.e. If CCEX was to fail, the tokens are separate and safe?
At the moment they dont have the real HEAT tokens so you cant really steal them.Once they get swapped for the real HEAT tokens and the blockchain is up they could be stolen like all other crypto.
* Edit - Btw I do find it a bit strange that people are already selling under ICO price.
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