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Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 146. (Read 736806 times)

full member
Activity: 145
Merit: 100
The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

James
------------
Just to put this in easily comparable terms, James doesn't get his big bonus if the price of UNITY is less than ~.021BTC/UNITY.  This number simply comes from 17,211BTC/816,061UNITY.  

If we don't count James' bonus for the market cap before issuing, then we use 17,211/652,849 which bring us to an approximate price target of ~.026BTC/UNITY.

I'm not trying to pump the price, just stating the facts and am happily surprised that people are still selling so low.  Christmas will be especially good this year, me thinks. :-)
legendary
Activity: 1176
Merit: 1134
Troubling to see that millions were raised and James is willing to let the price fall below ICO. Buy support should be there, no excuses.
NAV buywall is there on NXT AE, would be there at .0088 as soon as pending deposit is credited at bter

If the weak hands want to sell at liquidation value (that is what NAV is) then let them, they shouldnt have bought the TOKEN if their time window was 48 hours!

I do not artificially pump prices, if that is what you mean by "buy support". I work hard to increase value, see my previous post. I finally had what is a normal day for me yesterday, debugging, writing 500 lines, more debugging. This is what it takes to create large value in this biz. Not creating artificial buy support with fancy marketing stuff or active market operations.

I see there are mostly adults here and have properly put the trolls on ignore.

James

P.S. On the NXT AE, the lowest sell prices are around .012 and even on bter there is only around 10 BTC available below that for sale. This is 0.2% of what was raised. If people want to panic sell over this amount of selling, they have no business being in crypto at all. I suggest long term bank deposit notes for people like that.
legendary
Activity: 826
Merit: 1002
amarha
The idea behind SuperNet is great tho I'm not sure if it's codeable at all and how long it would take.

Is there any interest you gain from SuperNet shares/assets or whatever you call it?

And setting up a buy wall is a sign of weakness for me. I expect the price to drop below IPO.

I believe investors receive dividends equivalent to 50% of the superNET profits.

A lot of it is already coded. People are already testing the some of the networking involved as we speak.

There is still a lot of work to be done though for sure. Much of that from people other than James as well, like the UI design and such.

Unlike most IPOs the buy wall will be set at the raw net asset value of the currency held by superNET. Around 5700 BTC I believe(not to mention 3000+ BTC of added value from assets now). People who sell below book value are likely people who need their funds to pay bills or have emergencies that have come up in their lives. This is completely understandable and is bound to happen with any sufficiently large group of people.

Compared to your average 'coin' IPO where people are handing hundreds of thousands of dollars to a random group of people who've made promises and delivered nothing this is gold. Having both a large amount of code already as well as being fully backed by the money invested is unprecedented in crypto as far as I know.
hero member
Activity: 538
Merit: 500
Troubling to see that millions were raised and James is willing to let the price fall below ICO. Buy support should be there, no excuses.

lol
full member
Activity: 175
Merit: 100

James BONUS Targets are:

3X by end of 2015

10X by end of 2016



The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

James

[/quote]
[/quote]

Again this post shows clearly my statement to be in error or James' post which you include is mistaken.

I would think it is me that is incorrect

This is the third time in a week I've had to apologise for making statements on what I believe I have read.

I'm 67 years old. This leads me to the conclusion I may be losing my grip.

Again: I apologise for my apparent error

[/quote]
[/quote]


Kevondo, look at it in apositive way: now you´re pleasently surprised, that it will happen end of 2014/15, not in 2015/16, thats great, or not ?
It´s just like "Alzheimer" when every movie is new and exciting, even though you saw it 30 times allready, great, or not ? Well, maybe not for the others around you, but, nevertheless  Smiley
When I´ll be there, I think it´ll will be great, that the others in my family will have to put up with my bullshit, and not me with theirs anymore . .   Smiley




legendary
Activity: 1176
Merit: 1134
If the biggest thing against SuperNET is that a bter deposit got stuck so a below market buywall cant be placed during a weekend right after the asset is issued, then that says something.

freeworm has been traveling and just landed all exhausted. probably not the best time to be dealing with big money stuff. so he will rest and then get the UNITY <-> SuperNET deposit/withdraw activated.

The deposit is there, so just a matter of bter support getting it unstuck.

We've got a test network that is working with the following API calls:
./BitcoinDarkd SuperNET '{"requestType":"getpeers"}'
./BitcoinDarkd SuperNET '{"requestType":"getPservers"}'
./BitcoinDarkd SuperNET '{"requestType":"sendmessage","dest":"13434315136155299987","msg":"hello world"}'
./BitcoinDarkd SuperNET '{"requestType":"publishPservers","NXT":"13434315136155299987","Pservers":["209.126.70.159", "209.126.70.170", "209.126.70.156", "23.97.66.164"],"firstPserver":0,"Numpservers":4,"xorsum":218374086}'
./BitcoinDarkd SuperNET '{"requestType":"publishaddrs","NXT":"13434315136155299987","Numpservers":"4","xorsum":"218374086","pubkey":"74ef4d77f3d5cef579c2f9ec6dd474b27b16990439c4343e2acb9b3a6c0fbe51","pubNXT":"13434315136155299987","pubBTCD":"RN3K9dguHfXfnuLPjSy67ysbgtrNnq4ohm","pubBTC":"","time":1411837423,"srvNXTaddr":"13434315136155299987","srvipaddr":"209.126.70.159","srvport":"6777","coins":["BTC", "BTCD"]}'

these are the basics that allow each node to discover the other nodes and send messages to each other. Still need to efficiently propagate the info to all the nodes. I didnt like how the bitcoin code was synchronizing so I am working on a way to synchronize without N*N broadcast. Had to write ~500 lines of new code yesterday to be able to have the data needed to do this, but I needed IP-centric data store anyway.

Now that there is a live network, I can verify proper discovery of the routing info. I also figured out how to make all onion packets the same size, but running out of space, so I think I will add a compression/decompression to the first stage of the onion. this should get 50% to 100% more capacity.

I just want to get all this low level stuff out of the way so I can work on the "app" level without getting sidetracked by network issues

James
full member
Activity: 145
Merit: 100
I think a lot of people have already forgotten that vote that we passed a few days ago.  Maybe someone can help me with the exact number, but I believe James' target was around 300NXT per share before the end of this year to earn his bonus plus the bonus around Christmas. 

If you think James' isn't going to work his ass off to achieve that price goal which will come from him reaching his development goals, you're going to be surprised.  I have full confidence that we'll hit that this year.  It's fantastic that people are selling so low right now. I just keep eating it up.

James BONUS Targets are:

3X by end of 2015

10X by end of 2016

Kevondo, I'm confused by this, then....
[Official Funds Raised Report]

bter 303370.1402 + NXT AE 267873 TOKEN = 571243.1402 TOKEN

1201.4874086 BTC, 13836576.42463729 + 33252122.74985353 NXT, 37559.38107027 BTCD, 713706.73861822 CNY, 5403 VIA, 435658.49 VRC

1201.4874086 BTC
BTCD rate 0.01252290 BTC    37559.38107027 = 470.3524 BTC equiv
NXT rate 0.00007890 BTC   47088699.1745 = 3715.3 BTC equiv
VRC rate 0.00014073 BTC   435658.49 = 61.31 BTC equiv
VIA rate 0.00029967 BTC   5403 = 1.6191 BTC equiv
CNY rate ¥ 2486 per BTC 713706.73861822 = 287.09 BTC equiv

total BTC equiv = 5737.1589

Due to recent drop in NXT price and it being ~65% of total deposits, it is reduced the NAV a bit.

Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY) will be issued with 81606.1 to me and the rest in SuperNET account, with 81606.1 held in reserve until the bonus situations are resolved. The current outstanding UNITY is therefore 652849.2402 and the NAV buywall would be at .0088 BTC.

The asset NAV adds:
InstantDEX   241'485   1'000'000   24.15%   73.99   73.98   17'865'060
NXTcoinsco   241'485   1'000'000   24.15%   38.5   34   8'210'490
NXTprivacy   241'485   1'000'000   24.15%   59   50.5   12'194'992.5
38270542.5 NXT -> 3019.5458 BTC equiv!
I guess during the last week, the 2000 BTC of assets became 3000 BTC

asset BTC equiv = 8756.7047 -> asset NAV = 0.013413 BTC

Secondary market in TOKEN is currently at ~170 NXT which is around .013
this gives an implied marketcap of about 10610 BTC = ~$4.6 million USD or #17 on the combined coinmarketcap

The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

James


Again this post shows clearly my statement to be in error or James' post which you include is mistaken.

I would think it is me that is incorrect

This is the third time in a week I've had to apologise for making statements on what I believe I have read.

I'm 67 years old. This leads me to the conclusion I may be losing my grip.

Again: I apologise for my apparent error


I am invested in SuperNET so this knowledge is good news to me.

I'll need the funds to pay the costs of the Elder care facility I'll be checking into. LOL

Kevondo, no worries, man, there's so much involved with SuperNet, I just wanted to make sure I wasn't missing something.

I'm surprised to hear that you're 67.  Based on our online interactions and your radio show, I would have put you at late 40's.  You've got a lot of energy and it's amazing at your age that you're in Crypto at all.  My parents are still stumped by online banking and blu-ray.  Hats off to you for being so open to change and I love our radio show.  VRCRADIO.COM
legendary
Activity: 2156
Merit: 1131
member
Activity: 112
Merit: 10
Troubling to see that millions were raised and James is willing to let the price fall below ICO. Buy support should be there, no excuses.
sr. member
Activity: 271
Merit: 250
The idea behind SuperNet is great tho I'm not sure if it's codeable at all and how long it would take.

Is there any interest you gain from SuperNet shares/assets or whatever you call it?

And setting up a buy wall is a sign of weakness for me. I expect the price to drop below IPO.
newbie
Activity: 14
Merit: 0
GOOD NEWS INDEED IF THE SHITTY BASTARD PLACES THE BUY WALL AT NAV SO WE CAN SELL THE SHIT INTO IT. HE TAKES THE SHIT BACK WERE IT BELONGS, INTO HIS SHITTY ASS. SO PLACE THE BUY WALL, LITTLE ASH, MOVE THE SHIT, MAN!
THANK YOU!
sr. member
Activity: 299
Merit: 250
The FUD stops when people stop engaging the children doing it.  Just click ignore and move on.  Really.  Please. 
newbie
Activity: 14
Merit: 0
THERE ARE NO BIDS AT BTER ENOUGH TO COVER, THREESHITS.
SO EITHER YOU ARE PLACING BIDS ON SHITTY COINS WE DO NOT DEAL WITH (ONLY BTC PLEASE, NO NXT, NO BTCD NOR OTHER SHITTY COINS), OR YOUR BIDS ARE SO SMALL THEY DO NOT EVEN COVER YOUR SMALL BALLS.
EAT SHIT, PLACE YOUR BALLS ON THE TABLE AND PLACE YOUR SHITTY BIDS, WE'LL TAKE THEM.
sr. member
Activity: 742
Merit: 251
I think a lot of people have already forgotten that vote that we passed a few days ago.  Maybe someone can help me with the exact number, but I believe James' target was around 300NXT per share before the end of this year to earn his bonus plus the bonus around Christmas.  

If you think James' isn't going to work his ass off to achieve that price goal which will come from him reaching his development goals, you're going to be surprised.  I have full confidence that we'll hit that this year.  It's fantastic that people are selling so low right now. I just keep eating it up.

James BONUS Targets are:

3X by end of 2015

10X by end of 2016

Kevondo, I'm confused by this, then....
[Official Funds Raised Report]

bter 303370.1402 + NXT AE 267873 TOKEN = 571243.1402 TOKEN

1201.4874086 BTC, 13836576.42463729 + 33252122.74985353 NXT, 37559.38107027 BTCD, 713706.73861822 CNY, 5403 VIA, 435658.49 VRC

1201.4874086 BTC
BTCD rate 0.01252290 BTC    37559.38107027 = 470.3524 BTC equiv
NXT rate 0.00007890 BTC   47088699.1745 = 3715.3 BTC equiv
VRC rate 0.00014073 BTC   435658.49 = 61.31 BTC equiv
VIA rate 0.00029967 BTC   5403 = 1.6191 BTC equiv
CNY rate ¥ 2486 per BTC 713706.73861822 = 287.09 BTC equiv

total BTC equiv = 5737.1589

Due to recent drop in NXT price and it being ~65% of total deposits, it is reduced the NAV a bit.

Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY) will be issued with 81606.1 to me and the rest in SuperNET account, with 81606.1 held in reserve until the bonus situations are resolved. The current outstanding UNITY is therefore 652849.2402 and the NAV buywall would be at .0088 BTC.

The asset NAV adds:
InstantDEX   241'485   1'000'000   24.15%   73.99   73.98   17'865'060
NXTcoinsco   241'485   1'000'000   24.15%   38.5   34   8'210'490
NXTprivacy   241'485   1'000'000   24.15%   59   50.5   12'194'992.5
38270542.5 NXT -> 3019.5458 BTC equiv!
I guess during the last week, the 2000 BTC of assets became 3000 BTC

asset BTC equiv = 8756.7047 -> asset NAV = 0.013413 BTC

Secondary market in TOKEN is currently at ~170 NXT which is around .013
this gives an implied marketcap of about 10610 BTC = ~$4.6 million USD or #17 on the combined coinmarketcap

The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

James


Again this post shows clearly my statement to be in error or James' post which you include is mistaken.

I would think it is me that is incorrect

This is the third time in a week I've had to apologise for making statements on what I believe I have read.

I'm 67 years old. This leads me to the conclusion I may be losing my grip.

Again: I apologise for my apparent error


I am invested in SuperNET so this knowledge is good news to me.

I'll need the funds to pay the costs of the Elder care facility I'll be checking into. LOL
Wob
newbie
Activity: 32
Merit: 0
YES, WE.

EAT YOUR BOSS' SHIT. WE DO NOT.

PLACE THE BUY WALL AT NAV AS PROMISED. PERIOD.



Nobody is my boss, I just happen to be invested. You are acting like a little child, it has been mentioned numerous times BTER still needs to send the BTC to us to set up the buywall.

You should be spamming them, not us.






sr. member
Activity: 378
Merit: 250
Hey sS***t

My buys on BTer at 009x remain untouched, 2 hrs.now. Guys stacking on top of me. Where are ya buddy?

Oh wait a minute, that's right. You are puffing your chest from behind a fake account, trying desperately to get guys to sell into the bids that you just moved above me.

Epic failure of fud.

Later man.
sr. member
Activity: 742
Merit: 251
I think a lot of people have already forgotten that vote that we passed a few days ago.  Maybe someone can help me with the exact number, but I believe James' target was around 300NXT per share before the end of this year to earn his bonus plus the bonus around Christmas.  

If you think James' isn't going to work his ass off to achieve that price goal which will come from him reaching his development goals, you're going to be surprised.  I have full confidence that we'll hit that this year.  It's fantastic that people are selling so low right now. I just keep eating it up.

James BONUS Targets are:

3X by end of 2015

10X by end of 2016

Kevondo, I'm confused by this, then....
[Official Funds Raised Report]

bter 303370.1402 + NXT AE 267873 TOKEN = 571243.1402 TOKEN

1201.4874086 BTC, 13836576.42463729 + 33252122.74985353 NXT, 37559.38107027 BTCD, 713706.73861822 CNY, 5403 VIA, 435658.49 VRC

1201.4874086 BTC
BTCD rate 0.01252290 BTC    37559.38107027 = 470.3524 BTC equiv
NXT rate 0.00007890 BTC   47088699.1745 = 3715.3 BTC equiv
VRC rate 0.00014073 BTC   435658.49 = 61.31 BTC equiv
VIA rate 0.00029967 BTC   5403 = 1.6191 BTC equiv
CNY rate ¥ 2486 per BTC 713706.73861822 = 287.09 BTC equiv

total BTC equiv = 5737.1589

Due to recent drop in NXT price and it being ~65% of total deposits, it is reduced the NAV a bit.

Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY) will be issued with 81606.1 to me and the rest in SuperNET account, with 81606.1 held in reserve until the bonus situations are resolved. The current outstanding UNITY is therefore 652849.2402 and the NAV buywall would be at .0088 BTC.

The asset NAV adds:
InstantDEX   241'485   1'000'000   24.15%   73.99   73.98   17'865'060
NXTcoinsco   241'485   1'000'000   24.15%   38.5   34   8'210'490
NXTprivacy   241'485   1'000'000   24.15%   59   50.5   12'194'992.5
38270542.5 NXT -> 3019.5458 BTC equiv!
I guess during the last week, the 2000 BTC of assets became 3000 BTC

asset BTC equiv = 8756.7047 -> asset NAV = 0.013413 BTC

Secondary market in TOKEN is currently at ~170 NXT which is around .013
this gives an implied marketcap of about 10610 BTC = ~$4.6 million USD or #17 on the combined coinmarketcap

The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

James


Again this post shows clearly my statement to be in error or James' post which you include is mistaken.

I would think it is me that is incorrect

This is the third time in a week I've had to apologise for making statements on what I believe I have read.

I'm 67 years old. This leads me to the conclusion I may be losing my grip.

Again: I apologise for my apparent error

full member
Activity: 196
Merit: 100

Why is UNITY tanking?

I am not happy at being down almost 20% already.

Also not happy at a buywall being promised & not being there.

The slightly lower post-ICO price is not a big deal at this point. I brought more yesterday and will buy more today at an even lower price. I have confidence that we will see a 3X gain by the end of this year. I wish BTER would go ahead and activate withdrawal so I can withdraw my UNITY to my Nxt wallet. Anyone know when withdrawal is expected to be activated on BTER?
newbie
Activity: 14
Merit: 0

EAT YOUR BOSS' SHIT. WE DO NOT.

PLACE THE BUY WALL AT NAV AS PROMISED. PERIOD.

newbie
Activity: 14
Merit: 0
SO YOU ARE THE ONE MAKING THE SHIT TO MAKE THE WALL, RIGHT WOBSHIT?
SORRY TO INTERRUPT YOU LITTLE SHIT MAKER, SHITTY COCKMAN, CONTINUE TO MAKE YOUR SHIT AND SUCK YOUR BOSS SHITTY DICK. BECAUSE WE NEED THE PROMISED SHITTY WALL AS PROMISED BY YOUR SHITTY BOSS.
CUT THE SHIT, TAKE ACTION, EAT SHIT AND PLACE THE BUY WALL, SHITTY BOY.
CAUSE WE NEED TO SELL THE SHIT OUT OF THIS UNITY SUPERSHIT.
A WALL WAS PROMISED, YOU PLACE THE WALL. PERIOD. AT SHITTY NAV. PERIOD.
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