Topic: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today! - page 473. (Read 473154 times)

The coin hasn't been released yet so they probably don't have the premine address yet. I would be surprised if they publish any more details than could be seen in the source code + 1st block, let alone any signed messages to prove ownership etc. It's just not in their MO. But I'm open to be proven wrong.

An unknown amount (up to 1.25 million) of ION has been exchanged for XPY at around $0.08 or so, i.e. significantly less than the $0.20 ICO price. The amount of ION will more than double within the first year, meaning that to sustain the ICO valuation just due to INFLATION ionomy has to generate ~$3 million in demand, or to sustain at least the XPY exchange valuation it has to generate ~$0.5m in demand PLUS whatever dumping is going to take place.

If I was seriously considering investing in this (LOL) I would at the very least try to research how many altcoin and/or mobile game startups were able to accomplish such growth in their first year and how they compare to ionomy. I bet MrCoins has done that just wouldn't tell us

@ionomy
1) will you be proving the premine address for tracking purposes and transparency?

2) can you go on record tonstate you will not be using the premine to create mass masternodes to gain 50% rewards for blocks? with a large premine this means you can instantly monopolise the rewards in a high percent. please show the premine address.

note if its not provided people will find it from the genesis block and movement. from here they'll see masternode creation and link it. its better to be upfront. what is premine address and are you making masternodes and how many?

thank your richard. can you confirm you are the only person who uses this account and others that do will state this in their posts? in the name of accountability.

@mrcoins
in a post recently you agreed with me on transparency and we should know who ionomy is. but you also like posts by huey saying comments counter to releasing information provided. which is it.

do you remember garza saying we dont have to release info just because non believers ask just trust us. these ion people are doing the same. you say you've learnt a lot since the xpy days but this is the same thing.

my questions is what is your stance on this again. for transparency or not? or do you play both sides where it suits?
you should push them to release info as they are taking money. if there is nothing to hide why the need to show addresses for original premine, names on handles etc. if you cant support that then im affraid you actually didnt learn anything from xpy like you say.

@boki15 I am a trader, not an investor. I will probably trade ION if it has any volume and volatility. I don't really care what a coin's background is or its history as long as I can find a profitable trade.

I know there are some people who will get in early and take the risks. That's not really how I would do it as a trader.  We could speculate though about possible outcomes. Obviously some people who got in early at the lower price can dump to anyone who got in later at a higher price.

At a coin tech level, they could try to profit off proof of stake. If they can double the amount of ION they bought in a couple years, they'd break even if the coin price drops 50% from the initial purchase price. Price could crash if the company flees with the BTC. Or if the company could dumps their own ION into the market. But that's kind of what an ICO is anyhow (dumping their own coin into the market).

Is this technology worth as much as a DASH? I haven't looked at the numbers (coin supply, market price, market cap) to compare them.

Self appointed internet police in the department to make sure every knows your and Matlack's reputations so they can make an informed decision.

Or whatever provided description that sounds the best is what they'll go with.

I figured it out! They are not answering the questions cause they want us to guess what they are trying to accomplish. Only once we guess correctly will they tell us. I hear there's a 10BTC reward to the first person that can accurately describe the ins and outs of the project.

Electrons for in game play? What are IONs for then? How does one get electrons now?

Really ION is XPY. A POS coin with Masternodes (Prime Controllers). It all makes sense now, whew.

Dash is a POW coin, so it wouldnt fit the business model. I think that combining the POS and Masternodes is pretty cool, the POS won't require special hardware and the masternodes will make it possible for private transactions and near instant transactions.  Also the interactions between the electrons for in game play and Ions made it necessary for a new coin structure. Just a few thoughts.

I've been mugged in broad daylight once. That did not make me want to send money to random people on the intertubes. Also Garza didn't hold a gun to your head unless I'm missing something. Analogy fail.

Well, Blackcoin is POS3. So wonder what is going on in these games that requires Masternodes which would warrant the new design. Or what in the games requires POS3 and not just Dash coin?

I get hat there is a difference, it's not an exact clone. But why does this need to exist? Why not use Dash or Blackcoin? Why the need to polute with another coin?

The coin operates on PoS3 + Masternodes. There is no coin that works like this, it's all in the whitepaper here:

https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper

Also, I believe some of the platform features (atoms, electrons etc) may be built into the block chain in the future. So some level of centralised control (at least in the beginning) would appear to be needed for this expansion.

But, if any official ionTeam members would like to give a more complete answer, please do.

Ok, then why not just use Blackcoin? I keep hearing that it's the platform that is the accomplishment. So why not just focus on the platform and use of the the several thousand other altcoin a already in existence.  What does ION do that no other coin in existence not do?

Why? It's always the same answer, it was even for bitcoin.

It's not a clone. There's a big difference.

One word.

Masternodes.

Or is that two words?

Why not just use Blackcoin instead? Please explain the need for yet another coin and one that is nothing more than a clone at that.

BlackCoin is awesome, it spawned the launch of 1,000 coins. i'm a big BlackCoin fan, especially of rat4, the dev.

I am sorry my friend, but can you tell me more details about GAW public suite that where Allen Shiners is the one who leads it? I though it would not exist if history ended on 09.2015 . You missed also the question about the money and to talk about the whole fraud that still has to be investigated in details which means, this will not reach its end probably not in 2016.

It's not like you say, he rubbed, closed company going insolvent, lol, everybody is happy as its not his fault its companies fault, correct? , you make me laugh, especially because I am not connecting ionomy to ganza like others do, but you do exactly this, you bring me in position to say, yes, ionomy has much more with ganza to do then most assume, but thats not based on their current handligs, its based on their past where current handlings do not promise at all any connection.

Now my friend, as you seem to be an expert in GAW analysis, can you tell us how much money was fruaded and how this money was splitted, what part ended on markets, if xpy had an value based on these numbers, did xpy.io profit on it at all? Lol, these are all things that were discussed pretty much , I really dont need anybody to tell me, hey everything is simple, case closed ....

Do me an favour, investigate first joshs connection to KNC and how GAW was started at all, then we can continue with historic events where many are still under question. I am curious what will you answer, some will ask you why dont you identify what your real connection to gaw/ionomy is , I dont care about it . Just dont come over with books about economies stating us what closure of an company means.