Author

Topic: [ANN] Qora | Released 16 May | 100% POS | New Source - page 302. (Read 748250 times)

sr. member
Activity: 350
Merit: 250
Vires in Numeris
TheMighty, are you really as stupid or just trolling?

2nd gen coin with original source should have a cap close to top 5 coins. ROI doesn't matter at all. All that matters is Qora characteristics.
Why would you call me stupid, have you not even read what I'm saying or maybe you just don't understand?

Characteristics don't detirmine 100% of the price. We know that not to be the case. As many things with much better features and utility do not end up on top.

Case-in-Point Bitcoin, the #1 crypto has shitty features, is inherently insecure and is massively slow.

Counterparty, with its revolutionary utility and features isn't even in top 10.

and so on.

There are many factors which go into determining price. Characteristics, Features, Utility are very very important (and for fucks sake I'm not saying they aren't). What I am saying is that Risk analysis is also one of these factors and for ANY of you to disagree with that fact is ludicrous (and just goes to prove your bias).

Tell me again why just having the best features is all you need to be #1 again?
It doesn't work like that in the business world, in the marketing world, product world, you name it. Certainly not in the Crypto world. If it did, all the shitcoins would be worthless and just the top handful of innovative coins would have value.

It's obvious I am an idiot because I'm wasting time thinking about my answers while most of you are just presenting knee-jerk reactions in a subconscious effort to preserving your silently agreed upon projected wealth.

Agreeing with any outside point of view might weaken the resolve of some members to sell for less than 70 and therefor hurt your own profits. Better keep that hivemind in check.  Lips sealed
hero member
Activity: 812
Merit: 1000
IPO a.k.a. initial public offering is NOT a loan per se...this is a waste of time.
Please ignore this fella and move on.

dzarmush: I'll contact a dev I know, he might be able to help relatively quick.
legendary
Activity: 1806
Merit: 1001
Back to business!

I've just had a conversation with qora. Here's a plan.

We'll have an open source project for Qora official website.

Design is done. It might be slightly changed based on new circumstances, but at the moment we can start with this one.



Full size

What do we need

We need a developer who are ready to volunteer and knows how to make it open source. Probably using GitHub.

We need to choose CMS. Wordpress?
legendary
Activity: 1806
Merit: 1001
TheMighty, are you really as stupid or just trolling?

2nd gen coin with original source should have a cap close to top 5 coins. ROI doesn't matter at all. All that matters is Qora characteristics.
sr. member
Activity: 350
Merit: 250
Vires in Numeris
You only invested to sell, a temporary investment is in essence a loan, you put up money and were loaned the coins which you intend to sell for a profit. You've given out money, with the intention of having that money returned to you with a lot of interest.

Thats pretty much the definition of a loan. What you call it doesn't matter and whether the wiki talks about property or loans is irrelevant.

ROFLMAO!!!   Grin Grin Grin

NOW YOU'RE JUST MAKING UP SHIT AS YOU GO!!!!!   Kiss Kiss Kiss

Please point out what was wrong with my statement instead of just making off the cuff remarks like an asshat.

A loan:
putting up money and expecting that money back at a later date with interest.

Investing in an IPO:
Putting up money and expecting more than that amount back (because you would never invest in something that you don't expect to atleast make your money back).

Again....

...

This is 1:1 the same beginning and result.

What you call these specific vehicles is irrelevant. The mechanics are the same. Please don't argue with me about business, you will lose.

edit: just to reiterate the point, you don't invest in an IPO because you believe in the project or you want to see it flourish, all you need to do to help a protocol flourish is use it. You invest in an IPO because you see an opportunity to make money. This is the same motivation and same cost-risk analysis if you were considering a loan.
legendary
Activity: 1428
Merit: 1000
Guys can someone start a new thread for this type of discussion?

This thread should be used for the development of qora not this petty crap.
member
Activity: 98
Merit: 10
win
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Some people very stupid. They only can think about ROI. What if qora's plan would be to gather 1 satoshi from a thousand people and send them equal shares. It would make the cost of 10B coins is 1000 satoshi, or 0.00001 BTC. So what. Does it mean 1 qora should cost one million part of satoshi of what?

The reason investors have such profit is that the dev didn't care about his own profit. He could do a great logo, website, promotion before and durig IPO and gather 250 BTC for 15% coins as Siacon did. But he didn't. He didn't care about the money and launched one of the best currencies ever existed almost for free. 140 BTC is nothing for Qora. The dev could have millions.

That why inverstors have x70 return the first first after the launch. It's realy that simple.


A good point. At the same time as Qora's IPO Exocoin was gathering tones of BTC without a wallet and only making it a partial POS Qora did the most understated IPO I have ever seen when actually he had the wallet and everything set to go.

People coming late to Qora don't realize that Qora's reluctance to say much beyond simple client stuff is WHY WE TRUST HIM not a reason NOT to trust him. People are their own worst enemy with IPO's they cry out for flashy websites and salesmen and then turn around and wonder why they have been so easily scammed by a few flashy online trinkets.
legendary
Activity: 1428
Merit: 1000
In this instance the loan is the IPO funds, and the interest is your return (or ROI).

Anyway, please stop trying to mince my words now, I'm not trying to detract from the benefit of Qora or its feature set, I'm only questioning the thought process of listening to a group of Qora holders who got together to arbitrarily set a price for Qora, independent of the market.

You obviously have a biased opinion on the matter as you hold Qora and its in your best interests to agree on that price.

What loan?!?!?   Huh    You obviously DO NOT realize we bought our QORA.

Independent of the market?!?!?   Huh    QORA is trading on exchanges.

Biased?!?!?   Huh    Don't fill any Asks then.

You only invested to sell, a temporary investment is in essence a loan, you put up money and were loaned the coins which you intend to sell for a profit. You've given out money, with the intention of having that money returned to you with a lot of interest.

Thats pretty much the definition of a loan. What you call it doesn't matter and whether the wiki talks about property or loans is irrelevant.

Qora has been trading on exchanges for all of one day? and many people don't read this thread before investing in coins on exchanges, so yes people may pay those prices, then again maybe they wont.

Again, don't try to mince my words.



It had been trading on multiple exchanges for days as well as the trade thread.

Also I have purchased more qora instead of selling.

The fact that the market has decided the price to be around 70-80 and you are here to say the price is too much for a ipo with escrow.

Who are you to question the market? Please get off the high horse.....
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Some people very stupid. They only can think about ROI. What if qora's plan would be to gather 1 satoshi from a thousand people and send them equal shares. It would make the cost of 10B coins is 1000 satoshi, or 0.00001 BTC. So what. Does it mean 1 qora should cost one million part of satoshi of what?

The reason investors have such profit is that the dev didn't care about his own profit. He could do a great logo, website, promotion before and durig IPO and gather 250 BTC for 15% coins as Siacon did. But he didn't. He didn't care about the money and launched one of the best currencies ever existed almost for free. 140 BTC is nothing for Qora. The dev could have millions.

That why inverstors have x70 return the first first after the launch. It's realy that simple.


Agree!!! Kudos for these words (the ones in bold letters)!!
legendary
Activity: 1806
Merit: 1001
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Some people very stupid. They only can think about ROI. What if qora's plan would be to gather 1 satoshi from a thousand people and send them equal shares. It would make the cost of 10B coins is 1000 satoshi, or 0.00001 BTC. So what. Does it mean 1 qora should cost one million part of satoshi of what?

The reason investors have such profit is that the dev didn't care about his own profit. He could do a great logo, website, promotion before and durig IPO and gather 250 BTC for 15% coins as Siacon did. But he didn't. He didn't care about the money and launched one of the best currencies ever existed almost for free. 140 BTC is nothing for Qora. The dev could have millions.

That why inverstors have x70 return the first first after the launch. It's realy that simple.
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
Lets get back to the topic. Chill out. We all like qora. Community needs unity. Noone forces anyone to do anything. I wont try to prove anything. Just no flaming posts please. Show some dignity and stay on thread.

Well...  Good Luck trying to deal with the Nxt drama type of shit-storm that is about to hit this thread...  it has already started and the first to the scene were Nxt supporters themselves...  seems they have forgotten all the NONSENSE we were getting hit with for months in the Nxt thread...  pretty PATHETIC if you ask me...   Roll Eyes

Let me tell you...  I am NOT willing to go through that again...  I will honor the bounty pledges I made by getting updated on funding needs...  but when it starts getting out of hand in this thread...  PEACE OUT!!!   Shocked Kiss Cool


It's interesting that the pattern repeats itself. History does make circles. So much drama shows that it will become big, just like nxt did.

 Cool Cool Cool Cool Cool Cool Cool Cool
sr. member
Activity: 350
Merit: 250
Vires in Numeris
A high post count doesn't instantly make someone worthy of not ignoring, I suggest you treat him like any other sock puppet newbie. Running around a forum saying everything is a scam and then getting bitter when he doesn't invest in the genuine coins means he's not someone who deserves any kind of hero membership respect. ie Don't feed the trolls.

Sockpuppet? Roll Eyes

Do you see any "to the moon!" posts?

There is a difference between getting bitter and presenting a valid argument.
Because of your biased position you are trying to pass off my very valid point of view as what, mudslinging?

My criticism (an unrealistic price point set arbitrarily) is a pretty valid argument which if you could remove your head from your ass you could see from someone elses point of view.

You look like such a petty bitch right now.
You can't defend your position so you try to disregard everything I say as "trolling".
Thats just weak man.
full member
Activity: 196
Merit: 100
The religious tone and proof free believe that some of Qoras participants show attract people who try to fight such behaviour.

It's a bit like the apple fanboys and haters.

On the same basis the only conclusion can be: let it be. Rational arguments won't help anything in here. It's just wasted time which can be spent making money.

Market will decide at some point.

This thread is full of troll-like people. Strangely most of them seem to be on the investors side this time.
sr. member
Activity: 350
Merit: 250
Vires in Numeris
In this instance the loan is the IPO funds, and the interest is your return (or ROI).

Anyway, please stop trying to mince my words now, I'm not trying to detract from the benefit of Qora or its feature set, I'm only questioning the thought process of listening to a group of Qora holders who got together to arbitrarily set a price for Qora, independent of the market.

You obviously have a biased opinion on the matter as you hold Qora and its in your best interests to agree on that price.

What loan?!?!?   Huh    You obviously DO NOT realize we bought our QORA.

Independent of the market?!?!?   Huh    QORA is trading on exchanges.

Biased?!?!?   Huh    Don't fill any Asks then.

You only invested to sell, a temporary investment is in essence a loan, you put up money and were loaned the coins which you intend to sell for a profit. You've given out money, with the intention of having that money returned to you with a lot of interest.

Thats pretty much the definition of a loan. What you call it doesn't matter and whether the wiki talks about property or loans is irrelevant.

Qora has been trading on exchanges for all of one day? and many people don't read this thread before investing in coins on exchanges, so yes people may pay those prices, then again maybe they wont.

Again, don't try to mince my words.
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
Lets get back to the topic. Chill out. We all like qora. Community needs unity. Noone forces anyone to do anything. I wont try to prove anything. Just no flaming posts please. Show some dignity and stay on thread.
sr. member
Activity: 350
Merit: 250
Vires in Numeris

I checked again in case I made a mistake, the first one I looked at was a completely serious post on Kittehcoin.....So in conclusion STFU!

kittehcoin had an amazing community and awesome dev (it was actually voted best dev team by cryptoawards.com). I don't agree with how it was managed and that is why I volunteered to take part in the revival of that coin as well. Unfortunately that project is up in the air at the moment so i decided to help out with PMC in the meantime. If you look at my previous posts in the kittehcoin thread (before volunteering) most of them were criticizing the direction the developer was (or wasn't) taking.

I'm not sure why you think having a serious post on kittehcoin is somehow evident of a shady motive. Kittehcoin started off as a clonecoin of Dogecoin, the developer bailed right after launch and a couple developers from the community picked it up and did an amazing job of it, with no premine, or measurable compensation. Unfortunately it failed to adapt to the environment and is in the current state you see now, along with most of the Gen 1 cryptos.
member
Activity: 98
Merit: 10
win
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Wizzard I've seen you around a lot and I expect more from a Sr. member.

You know full well that NXT had no escrow, no pictures, no proof, nothing. It was a big risk. Therefor it deserved a big reward (I will admit 2000x or more is a bit extreme and ridiculous).

What I said still stands, there was very little risk involved in the Qora IPO except for opportunity risk while your funds were tied up in escrow.

What do you mean you expect more? You expect more than the truth?


Here is the truth:

The market is free to decide the price.
The economics of cryptocurrencies are crazy and completely unpredictable.
Whales rule most of the coins and organize trends and pumps.
Examples of crazy price: litecoin, which jumped to sky after keisers promotion. Nxt, having a paranoid (as you admit it) roi.


I just dont get your point. Why cant a coin have a similar to nxt roi, if it provided escrow? I mean come on, is that how you judge projects? By blaming good starts and the option of escrow?

I have invested in many, many ipo scams by following your mistakenly approach (visacoin, vero, etc). Where did i get? Nowhere.


I believe qora stands out. And this shall be shown clearly. Cant you see the features and the devs abilities? Its HUGE!


A high post count doesn't instantly make someone worthy of not ignoring, I suggest you treat him like any other sock puppet newbie. Running around a forum saying everything is a scam and then getting bitter when he doesn't invest in the genuine coins means he's not someone who deserves any kind of hero membership respect. ie Don't feed the trolls.
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Wizzard I've seen you around a lot and I expect more from a Sr. member.

You know full well that NXT had no escrow, no pictures, no proof, nothing. It was a big risk. Therefor it deserved a big reward (I will admit 2000x or more is a bit extreme and ridiculous).

What I said still stands, there was very little risk involved in the Qora IPO except for opportunity risk while your funds were tied up in escrow.

What do you mean you expect more? You expect more than the truth?


Here is the truth:

The market is free to decide the price.
The economics of cryptocurrencies are crazy and completely unpredictable.
Whales rule most of the coins and organize trends and pumps.
Examples of crazy price: litecoin, which jumped to sky after keisers promotion. Nxt, having a paranoid (as you admit it) roi.


I just dont get your point. Why cant a coin have a similar to nxt roi, if it provided escrow? I mean come on, is that how you judge projects? By blaming good starts and the option of escrow?

I have invested in many, many ipo scams by following your mistakenly approach (visacoin, vero, etc). Where did i get? Nowhere.


I believe qora stands out. And this shall be shown clearly. Cant you see the features and the devs abilities? Its HUGE!

Edit: regarding your statement of being realistic..it seems you havent checked my slogan... Its a famous quote from Mark Twain.
member
Activity: 98
Merit: 10
win
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy

Did you expect a *2000ROI for NXT even though it started with a much worse client?

Wizzard I've seen you around a lot and I expect more from a Sr. member.

You know full well that NXT had no escrow, no pictures, no proof, nothing. It was a big risk. Therefor it deserved a big reward (I will admit 2000x or more is a bit extreme and ridiculous).

What I said still stands, there was very little risk involved in the Qora IPO except for opportunity risk while your funds were tied up in escrow.

Make sure you don't fry your brain with all that highly academical finance analysis...  are you even listening to yourself type?!?!?   Huh

In what Universe does the valuation of a project depend on the method of funding and NOT its characteristics???   Shocked



In what world is that not a factor? On one hand you are saying that I don't understand business fundamentals and then on the other hand you are saying something that proves you don't.

http://en.wikipedia.org/wiki/Risk-based_pricing
In simplest terms:
Quote
The interest rate on a loan is determined not only by the time value of money, but also by the lender's estimate of the probability that the borrower will default on the loan.

In this instance the loan is the IPO funds, and the interest is your return (or ROI).

Risk is always a factor in detirming rewards. There can be no reward without risk. Greater risk, greater reward.... I'm not sure why I had to say that.

Anyway, please stop trying to mince my words now, I'm not trying to detract from the benefit of Qora or its feature set, I'm only questioning the thought process of listening to a group of Qora holders who got together to arbitrarily set a price for Qora, independent of the market.

You obviously have a biased opinion on the matter as you hold Qora and its in your best interests to agree on that price.



As you are such a steady contributor to this site and know so much about investments why didn't you invest in the IPO?

member
Activity: 98
Merit: 10
win
You guys really expect 70x return on an escrowed IPO with no risk?

come on guys, lets be realistic here  Cheesy


It always tickles me that many of those who try to attack the coin always seem to have a past posting on terrible shitcoins. Guess what if you can't see quality and your focused on making .1BTC from pumping a shitcoins maybe you won't be focused on real innovations when they come along.


back to the Premine thread for you!  Grin


Lets not forget how Warren Buffet one of the richest men in the world got rich. Picking winners.


I'm sorry "gorrila-jam" what the fuck are you trying to imply? if you took the time to look past the past couple pages of my posting history you would see that I post in almost every shady or scam ANN pointing out scams and trying to protect the community from con artists.

Premine, for your information, is an ironic name, as none of the coins were actually given to the developer. It was the first 100% free community coin giveaway experiment, long before Faircoin or any of the other copycats. I volunteered to help revive it because I believe it had and still has potential and I hate to see the community suffer due to the bad support of the developer. That developer took off due to life reasons/school/whatever and didn't have the time/experience to add any features or updates.

Please point out where I've ever "pumped a shitcoin" Mr armchair commando. I've got over 900 posts and probably half of them are trying to point out scams such as Edgecoin (Rememeber that GEM!?) and trying to educate our more naive members on not supporting clonecoins or investing without IPO. Maybe if you took a moment to think about things before opening your big mouth you wouldn't look like a complete douchebag right now.
I am a supporting and contributing member of this community. What the fuck are you? a 28 post douchebag who thinks he knows shit.



I checked again in case I made a mistake, the first one I looked at was a completely serious post on Kittehcoin.....So in conclusion STFU!
Jump to: