Awesome work James.
with over 400 BTC of volume for FreeMarket in last 24hours, the volume for UNITY could be quite bigJames
Yeah, I think it will be Legend...
Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 163. (Read 736772 times)
September 24, 2014, 04:40:12 AM
James
Yeah, I think it will be Legend...
September 24, 2014, 04:01:52 AM
Awesome work James.
with over 400 BTC of volume for FreeMarket in last 24hours, the volume for UNITY could be quite bigJames
September 24, 2014, 03:51:31 AM
Awesome work James.
September 24, 2014, 03:49:12 AM
SuperNET markets are prepared at
https://bter.com/trade/unity_btc
https://bter.com/trade/unity_nxt
https://bter.com/trade/unity_cny
The trading will be enabled at 14:00 GMT. People can now check their UNITY balances.
https://bter.com/trade/unity_btc
https://bter.com/trade/unity_nxt
https://bter.com/trade/unity_cny
The trading will be enabled at 14:00 GMT. People can now check their UNITY balances.
September 24, 2014, 03:33:47 AM
Do token holders on Bter need to do anything to convert to Unity, or will that happen automatically? Sorry if that was answered before.
automaticthis information still valid?
Yes after the vote has completed, bter will have 24 hours. I think it should be completed by 14gmt on the 25th from memory.
At Sept.24 14:00 GMT, bter will convert TOKEN into UNITY and allow trading!
Withdraws to NXT AE will not be enabled for another day or so, but trading of UNITY will happen in several hours.
you wont have to do anything, it will be all automatic
For the NXT AE TOKEN holders, the redemption details will be posted by valarmg. There seems to be a pretty active market on AE already, so in several hours there will be both TOKEN trading on NXT AE and UNITY trading on bter.
James
P.S. For those who say that there is no liquidity with assets, look at: http://coinmarketcap.com/assets/freemarket/#markets $180000 USD of trading the last day in just one asset
Nice 1 day early.
September 24, 2014, 03:30:00 AM
SuperNet trading. Excellent. Game on!
September 24, 2014, 03:29:23 AM
Has Bter announced when token withdrawals will be activated?
TOKEN will never be allowed to be withdrawnat 1400 today, TOKEN -> UNITY and trading will start
September 24, 2014, 03:28:42 AM
Is there an estimate on how long AE users will be able to exchance TOKEN for SuperNET ? I'm here everyday but looking at the rate this thread is going and the cumbersome OP I'm afraid I'll miss it.
do not worry, we are doing everything we can to prevent any sales of TOKEN without value, so we decided to make a redemption process. The TOKEN will not get any dividends and have no voting rights other than the initial vote, plus it wont be interchangeable with the UNITY that will trade on bter.Due to this, I expect the vast majority of TOKEN to be converted to SuperNET/UNITY
Since it is a redemption process, there will be time to do this.
James
September 24, 2014, 03:25:36 AM
Do token holders on Bter need to do anything to convert to Unity, or will that happen automatically? Sorry if that was answered before.
automaticthis information still valid?
Yes after the vote has completed, bter will have 24 hours. I think it should be completed by 14gmt on the 25th from memory.
At Sept.24 14:00 GMT, bter will convert TOKEN into UNITY and allow trading!
Withdraws to NXT AE will not be enabled for another day or so, but trading of UNITY will happen in several hours.
you wont have to do anything, it will be all automatic
For the NXT AE TOKEN holders, the redemption details will be posted by valarmg. There seems to be a pretty active market on AE already, so in several hours there will be both TOKEN trading on NXT AE and UNITY trading on bter.
James
P.S. For those who say that there is no liquidity with assets, look at: http://coinmarketcap.com/assets/freemarket/#markets $180000 USD of trading the last day in just one asset
September 24, 2014, 02:54:54 AM
Do token holders on Bter need to do anything to convert to Unity, or will that happen automatically? Sorry if that was answered before.
automaticthis information still valid?
Yes after the vote has completed, bter will have 24 hours. I think it should be completed by 14gmt on the 25th from memory.
September 24, 2014, 02:51:39 AM
James
Can you consider looking into Coin Magi? The new M7M Algo that frustrates Big CPU Farms, Those who take over control in coins using High Hashrate...
traditionally these are multi organized mining ops and botnets, now magi has a defensive mech against it and solves it by allowing individual miners to benefit..
THe video elaborates more a little https://www.youtube.com/watch?v=jpvpO0OE7Dw
Official thread has details and links: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170
I welcome any questions. I can get the dev to give some input about it and collaborate with you for details.
Thanks
Sam
CoinMagi thread: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170
Can you consider looking into Coin Magi? The new M7M Algo that frustrates Big CPU Farms, Those who take over control in coins using High Hashrate...
traditionally these are multi organized mining ops and botnets, now magi has a defensive mech against it and solves it by allowing individual miners to benefit..
THe video elaborates more a little https://www.youtube.com/watch?v=jpvpO0OE7Dw
Official thread has details and links: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170
I welcome any questions. I can get the dev to give some input about it and collaborate with you for details.
Thanks
Sam
CoinMagi thread: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170
September 24, 2014, 02:51:04 AM
Is there an estimate on how long AE users will be able to exchance TOKEN for SuperNET ? I'm here everyday but looking at the rate this thread is going and the cumbersome OP I'm afraid I'll miss it.
+1
waiting as well
thanks...
September 24, 2014, 02:45:19 AM
Do token holders on Bter need to do anything to convert to Unity, or will that happen automatically? Sorry if that was answered before.
automaticthis information still valid?
September 24, 2014, 02:38:40 AM
Anybody knows how to get a rich list? I suppose most whales bought TOKEN for Nxt on Nxt AE, there should be a way to see who holds the largest amounts of tokens.
September 24, 2014, 02:37:49 AM
Has Bter announced when token withdrawals will be activated?
September 24, 2014, 02:33:36 AM
Is there an estimate on how long AE users will be able to exchance TOKEN for SuperNET ? I'm here everyday but looking at the rate this thread is going and the cumbersome OP I'm afraid I'll miss it.
September 24, 2014, 12:33:09 AM
Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY)
Where did you get 816061? Shouldn't it be the TOKEN sold (571243) + 10%?
Yeah, a more detailed explanation is needed. I was not expecting that much total UNITY even after the bonus conditions are met. That's way more than the 20% max dilution previously proposed.
652849.2402 TOKEN sold.
Of the total UNITY issued, SuperNET gets 10% and another 5+5% are held as James' bonus. So:
652849.2402 = 80% UNITY
652849.2402 / 80 * 100 = 816061.
I just missed out on 0.1%
Edit: 10% for SuperNET, not James!
Ok, now I'm a bit more confused. I thought the total TOKEN sold was 571243.1402. Where did the 652849.2402 come from? And why is the 20% added to this number instead of the 571243.1402?
816061 seems to be 571243.1402 + 30%, right? 10% is put inside itself as working capital? 10% (5% +5%) is kept in reserve for bonus conditions. And the other 10%? Not questioning this, just can't remember the original conditions so just looking for clarity.
10% for SuperNET
10% for bonus in reserve
70% for TOKEN owners
TOKEN owners currently own 7/8'th of SuperNET as the 20% for SuperNET and bonus reserve are not dilutive
keep in mind the TOKEN owners put in ~5700 BTC and I put in ~3000 BTC of assets, so on a prorata basis I would have 34%
respect to James, but i think you can't get ~3000 BTC for that assets, you can't get even 500 BTC.
Valuation according to the largest query for assets is wrong. You can't get that money.
This deal is very good for James
September 23, 2014, 11:17:25 PM
Please can someone explain the following and please don't make fun of me, I don't have master degrees
What do we get as investors if we approved bonus and what do we get if we reject bonus, I am not talking what supernetwork get, I am talking what do we get as investors, and do we lose anything by voting or not voting?
Thanks
What do we get as investors if we approved bonus and what do we get if we reject bonus, I am not talking what supernetwork get, I am talking what do we get as investors, and do we lose anything by voting or not voting?
Thanks
". . . jl777, whose interests are firmly aligned with yours"
damn, why can`t i never come up with beautiful sentences like this . . , seriously.
(well, thats why i have no master degree, there you have it
) September 23, 2014, 11:02:21 PM
Just burned the 59'834'343 unsold TOKEN
txid 1698643550463930707
txid 1698643550463930707
September 23, 2014, 10:33:31 PM
Both polls so far unanimous. Looks like James will be getting his extra 5% soon.
I really hope so, think about what we all have then
I can´t really understand what this voting is about, although I have two master degrees and have read the text several times. Could someone please explain it to me?
There you have it, master degrees won`t get you anywhere. Just stay on the train, and keep your hands inside the vehicle at all times . .
I was thinking the same after I received the second one.
cheers!
You´re welcome.
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