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Topic: [ANN] ORA :: NXT 'monetary system' currency - page 40. (Read 181202 times)

full member
Activity: 154
Merit: 100
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?

Do what you want.  Initial distribution fair, rest is up to market.  The dumpers seem to have stopped at the current price, so YMMV.

20-30 million might be tough, currently 49 asks in total of 4'824'160 ORA for 598'036.26 NXT
(source: http://nxtreporting.com/?as=16194910134118257692)

Well Mac Red could sell me in bulk. I saw him having 50 million sitting there.

I agree with Jack Needles, initial distribution was fair, and so will the remaining distribution!

Lots of FREE small stakes initially from an open transparent process, with the rest held in trust to reward people WHO DO THINGS!

Mac Red WORKED for his stake, from designing, building, and managing a highly efficient & effective registration process. That's fair!

I'm very glad someone like Mac Red has a big stake! He worked for it, and he's also earnt community respect for his conduct also! Anyone who follows  Mac's example can (potentially) EARN a big stake too, if they get the respect of the ORA community for what they do, and how they do it!

Someone is touchy. I am just saying he could sell me in bulk if he wants. I am going to offer the market price for 25 million which Mac Reed of course cannot unload anywhere else.  
sr. member
Activity: 308
Merit: 250
You plural = everyone. I prefer Qora to Ora but I don't mind making money with either. I think you have a correct approach and don't get me wrong because I like your attitude.

Thanks for the encouragement!

I think with the 'Starfish' approach the emphasis is on the 'WE', and 'we' can also borrow from the "think globally, act locally" mindset too.

Because we don't have a 'leader' as such, nobody can tell anybody else what to do. That is both empowering, but it can be a little daunting too. I think the key is 'communication', because without a traditional management hierarchy to 'keep us all in line' chaos, stagnation & bickering *could* set in if everyone 'waits' for instructions, or waits for others to do 'stuff'.

The Starfish is a very effective organisational approach, but it's not without its own problems.

How do we agree on things? That's where the NXT voting system will come in (hopefully)!

The NXT community is currently debating their own 'organisation' structure at the moment. A lot we can learn from our 'brothers/sisters" at NXT!

https://nxtforum.org/general-discussion/organized-nxt/
sr. member
Activity: 308
Merit: 250
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?

Do what you want.  Initial distribution fair, rest is up to market.  The dumpers seem to have stopped at the current price, so YMMV.

20-30 million might be tough, currently 49 asks in total of 4'824'160 ORA for 598'036.26 NXT
(source: http://nxtreporting.com/?as=16194910134118257692)

Well Mac Red could sell me in bulk. I saw him having 50 million sitting there.

I agree with Jack Needles, initial distribution was fair, and so will the remaining distribution!

Lots of FREE small stakes initially from an open transparent process, with the rest held in trust to reward people WHO DO THINGS!

Mac Red WORKED for his stake, from designing, building, and managing a highly efficient & effective registration process. That's fair!

I'm very glad someone like Mac Red has a big stake! He worked for it, and he's also earnt community respect for his conduct too! Anyone who follows Mac's example can (potentially) EARN a big stake too, if they get the respect of the ORA community for what they do, and how they do it!
full member
Activity: 154
Merit: 100
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?

Which 'you' are YOU asking? lol

I think there would be a range of opinions on whether it was positive or negative to have a big whale gobble up that many ORA now, but it's a FREE market, and obviously possible that someone with deep pockets might try.

The trading of ORA assets is separate from ORA technical development, and I'd have no objection, but that's just me. ORA is an experiment after all, and a big whale buy-up would make things interesting, but it probably wouldn't change things too much.

IMO the people with the biggest influence on ORA's future direction will be those who gain 'peer recognition' and respect from the community, and a big whale who stays in the background will have less 'influence' than an active person with good community standing, even if the active guy has a small stake.

Also, someone who starts with a small FREE stake could accumulate a large stake from 'power bounties' anyway, so a 'malevolent whale' probably couldn't do much harm. I raise the possibility of a malevolent whale, just because I know in the past you weren't very complimentary of (K)ORA, so maybe your hypothetical is exploring that possibility. Maybe you changed your mind on ORA, but maybe you haven't.


and open source,let people know it is not a clone,it is unique..

Open source it then we will know if it is a clone or not.

I can see why people want the source to be released. I personally would like to see the source, and also design information (such as a detailed description of the PoS algorithm), although I can also understand why it is still closed. But there is no longer any doubt about the "clone" question: it is definitely not a clone of Nxt, or any other established coin.

I don't really like Kora guys so I understand the closed source part. However without opening the source, no once can know how "innovative" the coin is. POS is common place and all features being implemented so far are of garden variety ones.

You plural = everyone. I prefer Qora to Ora but I don't mind making money with either. I think you have a correct approach and don't get me wrong because I like your attitude.
sr. member
Activity: 308
Merit: 250
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?

Which 'you' are YOU asking? lol

I think there would be a range of opinions on whether it was positive or negative to have a big whale gobble up that many ORA now, but it's a FREE market, and obviously possible that someone with deep pockets might try.

The trading of ORA assets is separate from ORA technical development, and I'd have no objection, but that's just me. ORA is an experiment after all, and a big whale buy-up would make things interesting, but it probably wouldn't change things too much.

IMO the people with the biggest influence on ORA's future direction will be those who gain 'peer recognition' and respect from the community, and a big whale who stays in the background will have less 'influence' than an active person with good community standing, even if the active guy has a small stake.

Also, someone who starts with a small FREE stake could accumulate a large stake from 'power bounties' anyway, so a 'malevolent whale' probably couldn't do much harm. I raise the possibility of a malevolent whale, just because I know in the past you weren't very complimentary of (K)ORA, so maybe your hypothetical is exploring that possibility. Maybe you changed your mind on ORA, but maybe you haven't.


and open source,let people know it is not a clone,it is unique..

Open source it then we will know if it is a clone or not.

I can see why people want the source to be released. I personally would like to see the source, and also design information (such as a detailed description of the PoS algorithm), although I can also understand why it is still closed. But there is no longer any doubt about the "clone" question: it is definitely not a clone of Nxt, or any other established coin.

I don't really like Kora guys so I understand the closed source part. However without opening the source, no once can know how "innovative" the coin is. POS is common place and all features being implemented so far are of garden variety ones.
full member
Activity: 203
Merit: 100
sold all my orra stakes on nxt ae. congratz to the buyerz Cheesy

~CfA~

Lucky buyers, would be worth a lot in the coming months. Smiley
hero member
Activity: 700
Merit: 520
sold all my orra stakes on nxt ae. congratz to the buyerz Cheesy

~CfA~
full member
Activity: 154
Merit: 100
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?

Do what you want.  Initial distribution fair, rest is up to market.  The dumpers seem to have stopped at the current price, so YMMV.

20-30 million might be tough, currently 49 asks in total of 4'824'160 ORA for 598'036.26 NXT
(source: http://nxtreporting.com/?as=16194910134118257692)

Well Mac Red could sell me in bulk. I saw him having 50 million sitting there.
full member
Activity: 154
Merit: 100
Just hypothetically, do you mind if I buy 20-30 million ORA in the AE exchange ?
sr. member
Activity: 299
Merit: 252
Stakeholder update 08/03.

I'm doing a daily check for newly secured NXT addresses, of the 889 entries in total which made it through all phases.
Nothing new since last update. Total number of secured NXT accounts is still 822.
PM me if you have any questions or concerns.
legendary
Activity: 1960
Merit: 1130
Truth will out!
Ok, I was on the list. So what do I have to do atm, where do I check to see whether my ora coins arrived or not?

You just have to open your NXT wallet and see if you received the ORA Asset Wink

It's very easy to know because you're going to find it on the 'Last wallet movements'

Cheers!
sr. member
Activity: 392
Merit: 250
Ok, I was on the list. So what do I have to do atm, where do I check to see whether my ora coins arrived or not?
legendary
Activity: 1960
Merit: 1130
Truth will out!
ORA has been distributed, of course.

Great and fair distribution, devs being here answering all our inquiries.

What else do we need?
I think that this is one of the most important and fair coins with stake distribution.
hero member
Activity: 756
Merit: 506
Is the Ora price correct on the exchange?  It's already going for $1200?  Huh
member
Activity: 86
Merit: 10
Hey, has the ORA been distributed already?

yes that is my question also!

I guess not, but an info on what threads to watch and where the announcement will be made would be nice!

Thanks, I received my ORA as NXT asset!  Smiley

ORA threads
main thread - you are here
dev discussion - https://bitcointalksearch.org/topic/ora-development-discussion-thread-675484
logo discussion - https://bitcointalksearch.org/topic/ora-logo-submission-discussion-thread-697958
bounty discussion - https://bitcointalksearch.org/topic/ora-bounty-discussion-thread-718077

All this is already on the OP
legendary
Activity: 1181
Merit: 1018
Hey, has the ORA been distributed already?

yes that is my question also!

I guess not, but an info on what threads to watch and where the announcement will be made would be nice!

Thanks, I received my ORA as NXT asset!  Smiley
newbie
Activity: 40
Merit: 0
ORA  very good, hope I can get the opportunity to participate in.

In addition I have a question, how is allocated before the rest of the assignment? Distributed to shareholders in front of or free again?
sr. member
Activity: 392
Merit: 250
Hey, has the ORA been distributed already?
sr. member
Activity: 308
Merit: 250


Here is my Grand plan how to make ORA the best coin out there.

And do that fast, cheap and with all the promised features. Add to that the fairest distribution we already have and you have a true winner.

As a byproduct this also solves the question – ‘What to do with the remaining free stakes’



Use the code of Bitshares. Why?

a. Technically –it has extremely fast block times -10-15 seconds. It has implemented security features (TITAN) in it already. In a month or so it will have exchange build on it. INHO it is the state of the art at this moment. So why not use the best available?

b. It is free and available – saves both time and money in Ora development.

c. There is certain negative PR in being a clone of somebody. BUT their (Bitshares) condition to not be a clone but kind of part of them is ‘The coin to distribute at least 10%  to 2 categories they have determined as their core supporters. That is 20% total
Ora has about 35.2% of free stakes available for distribution. So 20% can be used for that and there will still be about 15% left!


IMHO it will be a great decision for Ora.  And with its fair distribution model the sky is the limit.



Welcome to my Pot o' Ora!
I would like to tip 20'000 ORA to jshow5555 for thinking collaboratively, and bringing up an idea that lead to considerable discussion.

Let us continue this discussion in the Ora Development Thread: https://bitcointalksearch.org/topic/m.8154125

Pentamon

Hey, more ORA 'tipping', excellent Smiley

To make it easy for people to 'tip' you with some ORA put your NXT address in your signature, (and do something 'tip' worthy too  Grin)

Share the ORA love!
full member
Activity: 140
Merit: 100


Here is my Grand plan how to make ORA the best coin out there.

And do that fast, cheap and with all the promised features. Add to that the fairest distribution we already have and you have a true winner.

As a byproduct this also solves the question – ‘What to do with the remaining free stakes’



Use the code of Bitshares. Why?

a. Technically –it has extremely fast block times -10-15 seconds. It has implemented security features (TITAN) in it already. In a month or so it will have exchange build on it. INHO it is the state of the art at this moment. So why not use the best available?

b. It is free and available – saves both time and money in Ora development.

c. There is certain negative PR in being a clone of somebody. BUT their (Bitshares) condition to not be a clone but kind of part of them is ‘The coin to distribute at least 10%  to 2 categories they have determined as their core supporters. That is 20% total
Ora has about 35.2% of free stakes available for distribution. So 20% can be used for that and there will still be about 15% left!


IMHO it will be a great decision for Ora.  And with its fair distribution model the sky is the limit.



Welcome to my Pot o' Ora!
I would like to tip 20'000 ORA to jshow5555 for thinking collaboratively, and bringing up an idea that lead to considerable discussion.

Let us continue this discussion in the Ora Development Thread: https://bitcointalksearch.org/topic/m.8154125

Pentamon
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