Topic: [ANN] NEWB - The crypto market's dirty little secret - page 95. (Read 153786 times)

Yes, I sometimes tend to be verbose, and explain every detail. Perfectionism can be a curse ;-)

I like about Newbium: a sound & complex engine internally - but the user interface is super-easy to use & understand.

Edit: retweet - thx.
Edit2: new version v02: 30/5/2016, percentage raised from 3% to 10% ! See new post about 10%.

Good work on the affiliate system

The affiliate system is ready to use, for those who have invested. Check out your investor page.

Yes, we're working at full steam ahead.

1) 100,000,000 NXTTY representing 10% of the NXTTY coinbase will be swappable.

100,000,000 NXTTY for 1,000,000 Newbium (NEWB) Tokens.

Ratio - 100 : 1

So if you swap 100 NXTTY you will receive 1 Newbium (NEWB) token.


2) Current holders of NXTTY will be able to swap 20% of their NXTTY holding for Newbium.


3) Anyone who purchases NXTTY on an exchange from April 15 to  May 15th (UTC time - 00:00) will be eligible for 100% NXTTY -> Newbium (NEWB) swap.






There will be two ways in which you can swap your NXTTY, each will depend on where you currently hold your Nxttycoin.


1) If you are sending the Nxttycoin from your Nxt wallet, then please send the NXTTY you wish to swap to this Nxt address: NXT-WBW9-3KH5-ETZD-BU2V6

The swap ratio is 100 NXTTY for 1 Newbium (NEWB)

So if you send 100 NXTTY you will receive 1 Newbium (NEWB)


2) If you hold your NXTTY on Bter exchange.  Then please follow the below steps.

A) Withdraw the NXTTY you wish to swap to this Nxt address: NXT-WBW9-3KH5-ETZD-BU2V6

B) Send me a PM containing:

      * The withdrawal transaction ID number for your withdrawal transaction to the swap account.
      * Your Bter NXTTY deposit account number
      * PM mail title - NXTTY to Newbium swap


Swap Timeframe:
We have decided to extend the NXTTY to Newbium swap till May 31th UTC time 23:59.


Swap Payout:
The Newbium (NEWB) will be sent once the crowdsale is finished.

Actually, it would be better if you could vote at C-Cex instead of Tweeting them.


Thanks.  

You should be receiving your confirmation e-mail with your account & coin details.

Please recheck your inbox.

How can I check if everything went right and I bought some NEWB?

Do I receive a mail?

Great, I will get onto this today and also start sending tweets to both exchanges..I will send screenshot when I am done and will post all my tweets here for retweeting at the end of the day.    I lvoe what I see here and a finished product ALREADY, WOWZA! 

I'm soooo looking forward to this!

Follow-up to this post of yesterday. For the whole post, see the DASH thread.
For you, I am extracting from it the ...

WOB explanations pt2

Let me motivate the summing scheme:

Imagine what a buy order means:
I am locking my BTC into the order - I cannot spend it anymore for ice cream, or helicopters.
Even if I hope to get DASH at a really low price - my order-locked BTC is not only showing
my "price hope" - but it is also showing the absolute amount of real money that I had been
willing to lock into orders.

Same for sell orders:
Transfering my DASH to an exchange is risky, I give up my property in exchange for an IOU.
And I declare that I want to sell them. Might be at a really high price only - but I show my
willingness to sell them, not using them to buy something, or fund projects, or save for my
children - but by offering them in a sell order.

And as both sides get totalled in the same way, we CAN actually compare them.
Or rather: We DO compare them ;-)

My own scepticism got smashed when I did cross-comparisons of different coins.
They do differ in this new WOB indicator, and they differ much. I suggest you start
observing it over time, for 3 very different coins - and you might find out that it will
help you to assess how "long-term realistic" the current price of a coin is, compared to
our quotient of totals of the (most of the) biggest, available order books world-wide.

I am querying 30+ exchanges! With our current
"bittrex bleutrade bter ccex exmo livecoin poloniex yobit" in BTC and 2 fiat currencies
- am I sampling enough of your field? [i.e. DASH]


Anecdote:
When I tried my simple base calculation for the first time, about 1.5 years ago, and
only with the orderbooks of poloniex ... I was surprised to see that LTC stayed totally
OB-balanced over a very long period of time - and with varying current prices.
As if the total order book volumes ("the whole market"), and the current marketprice
("the day traders") are well-coupled - at least for those "relaxed systems" with high
volume, and long past - like Litecoin. (Right now, the situation of LTC looks less rosy,
actually. But the better is the enemy of the good, I guess.)

...

I am interested to see which other knowledge our newbies & pros will be compiling
collectively - about all of the most advanced & really successful currencies ... once
our 8-steps system is complete. Read the whitepaper & medium blog if you want to.
And simply start using the beta already.

May it help your trading!





--> http://www.newbium.com/preview


 

Do you mean this script? Read the code. The sole purpose is to pass on the affiliate referal parameter into the /crowdsale/ link.
The function is called at the bottom of the HTML page where the JS is included: http://www.newbium.com/ --> view frame source.

I understand doubts, I am careful myself. Knowledge is the way out. Please PM me geeky questions - I am happy to explain more of our tech.  And later we can post a summary publicly.

Oops. IP addresses in Canada?

In this development phase, the system is distributed onto several servers, for historical reasons, and for easier administration. And the domain on yet another one. The crowdsale is not even finished, we are in the preview phase.

The final system will probably reside on one server, nginx reverse proxying all the subsystems. On the same server.

But only in the beginning. When traffic becomes too heavy, then it will have to live on several servers anyways. Even small companies can hardly keep all web systems on one machine.

I'd think that'd be a pity. Someone with your knowledge can be a helpful addition to our new community here.

C-Cex & Yobit Listing Bounty:


Bounty 500,000 Newbium coins.

1) Yobit:

We are offering the above bounty which will be split between those who contact Yobit and remind them to add Newbium. We have already applied and provided all the details for them to list us.

Yobit bct thread https://bitcointalksearch.org/topic/yobitnet-cryptocurrency-exchange-multicoin-dice-free-coins-every-1-24-hrs-914975


Please send me a PM of your screenshot as proof.


2) C-Cex.com

C-Cex exchange is also included....you just need to vote for C-Cex to add Newbium.

https://c-cex.com/?id=vote&coin=newb

.

Our product is ready and we have not even finished our crowdsale nor started trading.  As you mentioned we are nowhere near our cap.  So it's safe to say that a lot of individuals in the cyptosphere have not put BTC into this crowdsale.

We shall release a viable and competitive product which will provide value to our users.  We plan to launch Newbium before the crowdsale is finished. 

Please test our Newbium beta at http://newbium.com/

You really didn't answer my question. You can "imagine" as much as you'd like but what exactly is it that is going to make for a "good ROI" to those who invest. Talk is cheap and projections can be whatever you want to make them. How are you going to turn the crowdsale proceeds into ROI and what is the time frame? I also find it interesting that you're going to launch when you've only raised about 4% of your 600k fund raising goal. How does that make this project look "promising." Personally I see that as an issue or more people would be jumping in to invest.