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Topic: [ANN] Qora | Released 16 May | 100% POS | New Source - page 246. (Read 748233 times)

sr. member
Activity: 462
Merit: 250
But most of qora owners just want to sell qora for btc.

So you think most qora owners don't believe in qora and just want to dump them for bitcoin? Is that what you imply?
This is a stupid question.
People sell qora with lots of reasons.
There is no diffreret that people sell NXT.
sr. member
Activity: 336
Merit: 260
But most of qora owners just want to sell qora for btc.

So you think most qora owners don't believe in qora and just want to dump them for bitcoin? Is that what you imply?
sr. member
Activity: 462
Merit: 250
Yes some nxters want to buy qora using NXT.
But most of qora owners just want to sell qora for btc.
This is another reason why NXT AE is useless.

sr. member
Activity: 336
Merit: 260
I think I got a solution!


It might work in case Anon136 holds most part of Qoras. For example he holds 90% coins and I only possess some coins for operational needs.

Whatever you think is best, just get it done please asap. Both communites need this exchange.
legendary
Activity: 1806
Merit: 1001
I think I got a solution!


It might work in case Anon136 holds most part of Qoras. For example he holds 90% coins and I only possess some coins for operational needs.

In this case no one have to trust me his coins and I don't have to bother too much about security coz it's not a problem to cover some small losses if I get hacked.
legendary
Activity: 1806
Merit: 1001
Only fool will buy qora from someone anonymous by NXT AE.


Don't be a fool then, do not buy a single coin from anonymous.
Do you really think people can trust you?
We don't even know who are you.
If you are the qora asset issue, you can sell all your qora asset and run away and don't send qora to the buyer.
No one can find you as sharexcoins owner.
Do you really think this is a good idea?



I can proceed with that idea or I can stop at any moment. I wasn't a big fan of it in the first place coz an asset issuer would have to deal with tons of fudsters, trolls and inadequates. It would be way easier for me to set a couple of million bounty for a person who agrees to do the job coz I think it's a necessary thing to do for Qora, Nxt and decentrilized future. But it doesn't seem anyone is eager to do it.

Send the Qora you issue to a trusted Escrow like Anon136. He has built a reputation and now a business in crypto so could be trusted.

There will be trustless ways of doing this in the the near future with Nxt (Multigateway to get Qora into the Nxt ecosystem+Automated Transactions) but it isn't here yet. Anon 136 is the next best thing  Grin

I thought bout it but in this case I'd need to ask him sending me coins for every withdrawal.
sr. member
Activity: 336
Merit: 260
I can proceed with that idea or I can stop at any moment. I wasn't a big fan of it in the first place coz an asset issuer would have to deal with tons of fudsters, trolls and inadequates. It would be way easier for me to set a couple of million bounty for a person who agrees to do the job coz I think it's a necessary thing to do for Qora, Nxt and decentrilized future. But it doesn't seem anyone is eager to do it.

Well, I would be eager to do it, except I don't have any qoras. And if I attempted this exchange buro, I'd have to make sure I have enough qoras to make it profitable thru large enough volume. Perhaps, if you could give me a really good deal to purchase qoras off the market from you, I mean a really good discount, to compensate for possible future loss of the exchange rate, I'd be willing to implement it myself.
hero member
Activity: 574
Merit: 500
Only fool will buy qora from someone anonymous by NXT AE.


Don't be a fool then, do not buy a single coin from anonymous.
Do you really think people can trust you?
We don't even know who are you.
If you are the qora asset issue, you can sell all your qora asset and run away and don't send qora to the buyer.
No one can find you as sharexcoins owner.
Do you really think this is a good idea?



I can proceed with that idea or I can stop at any moment. I wasn't a big fan of it in the first place coz an asset issuer would have to deal with tons of fudsters, trolls and inadequates. It would be way easier for me to set a couple of million bounty for a person who agrees to do the job coz I think it's a necessary thing to do for Qora, Nxt and decentrilized future. But it doesn't seem anyone is eager to do it.

Send the Qora you issue to a trusted Escrow like Anon136. He has built a reputation and now a business in crypto so could be trusted.

There will be trustless ways of doing this in the the near future with Nxt (Multigateway to get Qora into the Nxt ecosystem+Automated Transactions) but it isn't here yet. Anon 136 is the next best thing  Grin
legendary
Activity: 1806
Merit: 1001
Only fool will buy qora from someone anonymous by NXT AE.


Don't be a fool then, do not buy a single coin from anonymous.
Do you really think people can trust you?
We don't even know who are you.
If you are the qora asset issue, you can sell all your qora asset and run away and don't send qora to the buyer.
No one can find you as sharexcoins owner.
Do you really think this is a good idea?



I can proceed with that idea or I can stop at any moment. I wasn't a big fan of it in the first place coz an asset issuer would have to deal with tons of fudsters, trolls and inadequates. It would be way easier for me to set a couple of million bounty for a person who agrees to do the job coz I think it's a necessary thing to do for Qora, Nxt and decentrilized future. But it doesn't seem anyone is eager to do it.
sr. member
Activity: 462
Merit: 250
Trust some you barely known is much worse than trust a famous exchange.
That's why using NXT AE is a bad idea.
The one who Provide the gateway may run away with your money.

a) Nobody makes you use the NXT AE.
b) None of us have seen a famous exchange run away with the money, that just never happens  Grin
Yes,None have seen a famous exchange run away.
But the gateway provider of NXT AE may run away.

He was sarcastic, plenty famous exchanges ran away...
It's better than trust someone anonymous as sharexcoins owner.
Do not trust anyone who keeps anonymous!
sr. member
Activity: 462
Merit: 250
Only fool will buy qora from someone anonymous by NXT AE.


Don't be a fool then, do not buy a single coin from anonymous.
Do you really think people can trust you?
We don't even know who are you.
If you are the qora asset issuer, you can sell all your qora asset and run away and don't send qora to the buyer.
No one can find you as sharexcoins owner.
Do you really think this is a good idea?

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Trust some you barely known is much worse than trust a famous exchange.
That's why using NXT AE is a bad idea.
The one who Provide the gateway may run away with your money.

a) Nobody makes you use the NXT AE.
b) None of us have seen a famous exchange run away with the money, that just never happens  Grin
Yes,None have seen a famous exchange run away.
But the gateway provider of NXT AE may run away.

He was sarcastic, plenty famous exchanges ran away...
sr. member
Activity: 462
Merit: 250
Trust some you barely known is much worse than trust a famous exchange.
That's why using NXT AE is a bad idea.
The one who Provide the gateway may run away with your money.

a) Nobody makes you use the NXT AE.
b) None of us have seen a famous exchange run away with the money, that just never happens  Grin
Yes,None have seen a famous exchange run away.
But the gateway provider of NXT AE may run away.
sr. member
Activity: 336
Merit: 260

My advice would be that you issue more QORA assets as a trusted community group of persons
each having one qora asset.
Having one person handle the asset could be bigger risk.
This one person could get sick or injured or have some accident and then this
asset wont be redeemable any more.

SO if you make it like group
1 asset QORA(1) should be == to asset QORA(2)
and I think in case one person can't  handle this another could take over
and redeem the other asset.


That group would have to trust each other and that may create unnecessary complications - business partners do have quarrels from time to time, you know. Besides, like stated above, there can be different forms of exchange buros, both individuals and groups can establish their own. There are no limits to this. Let the free market choose who to trust. Just do it already! I want to buy Qoras for NXTs! Grin Talking doesn't make the world go around Smiley
legendary
Activity: 1806
Merit: 1001
Only fool will buy qora from someone anonymous by NXT AE.


Don't be a fool then, do not buy a single coin from anonymous.
sr. member
Activity: 462
Merit: 250
Only fool will buy qora from someone anonymous by NXT AE.
legendary
Activity: 1806
Merit: 1001
Isn't it the same scheme I described? Except 2nd point. But since I own the amount of Qora I'm issuing the asset why woudn't I set selling orders.

abctc talks about two-way exchanges and charging a fee for it.

You can start with a one-way exchange for now by issuing tokens against your qoras and selling them. You can buy them too at the same exchange, nobody can stop you from that Smiley

I described two-way exchange. More of that I can set sell orders because I do own Qoras for every issued token instead of situation when I only offer a service.
sr. member
Activity: 336
Merit: 260
Qora address will be in deposits info on the website.

Ah ok, so you actually want to exchange it two-way then? Not just the qoras you have right now?
hero member
Activity: 1110
Merit: 534
Still there's only one person ownes issuing account. It means all deposits goes through this person.

Yes, and I don't see any problem with that. Trusting one person is no harder than trusting a group of people (company, organization). In fact, I prefer to trust an individual. If there are a few competing individuals with their exchange buros, that's only good.

My advice would be that you issue more QORA assets as a trusted community group of persons
each having one qora asset.
Having one person handle the asset could be bigger risk.
This one person could get sick or injured or have some accident and then this
asset wont be redeemable any more.

SO if you make it like group
1 asset QORA(1) should be == to asset QORA(2)
and I think in case one person can't  handle this another could take over
and redeem the other asset.

sr. member
Activity: 336
Merit: 260
Trust some you barely known is much worse than trust a famous exchange.
That's why using NXT AE is a bad idea.
The one who Provide the gateway may run away with your money.

a) Nobody makes you use the NXT AE.
b) None of us have seen a famous exchange run away with the money, that just never happens  Grin
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