Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 228. (Read 736808 times)

ohh G how come some idiots invest in such scam,wake up guys every single satoshi that u invest in such token is wasted.funniest part they want to raise 5k btc.good sunday gents

Some people bet that Nxt will rise in value more so they will get back in near the end of offering.

Can someone be kind enough to answer my question to the best of their knowledge please? Which of the 4 is best applicable here.

If it is 3, has SEC been contacted ?

I am hearing rumors that Poliniex has been providing inside information to a select few persons too. E.g how many XMR wallets, how many BBR wallets, are opened in the exchange, largest holdings etc to give some an unfair advantage. It is going downhill and I'd rather some folks watch their backs.

I am guessing they are playing proxy for some who may have assured financial help in case of legal trouble via SEC etc.

All fair questions i suppose...

I guess they need funds for the DogecoinDark ICO or something equally retarded.

it was possible to do arbitrage, now it's not.

So people are just selling their coins at a small loss? Changed their minds?

In the world of cryptocurrency, when trying to work with regulatory environments that are not able to accommodate the unique characteristics of the technology, it is often a case of not asking for permission because the answer will often be an uninformed knee-jerk of a 'No'. So businesses function as best as they can and wait to be told they cannot do something before they cease doing that thing.

In this case, there were repeated FUD posts in this thread claiming that the ICO would fall foul of the SEC, something Poloniex could not ignore and so they had to ask for legal advice because otherwise they could be in a whole heap of trouble on the basis that the issue had been raised where it probably hadn't on previous occasions.

Once a company is told by legal advisors that they should not be doing something, they need to then get clarification that explicitly permits them to continue, otherwise they are likely to be in a lot of trouble when and if the authorities in their jurisdiction get involved.

The sheer size of this ICO, plus the number of people who would love to see it fail, would most definitely have brought forth scrutiny from the SEC, even if it was primarily because someone, somewhere, would likely have contacted them to complain that Poloniex, a US-registered, exchange, were going to host it.

you cant withdraw tokens from bter

so ignorance is bliss after all
we can all thank the fiat FUD guy for killing poloniex ico business

Why are people selling NET for 126.99999999, 126.99999998, etc via NXT Asset Exchange? How can they profit from that? Arbitrage from BTER?

pull

jl777 earned 125 mil Nxt coins in 6 months, so 20 mil in one month, 5 mil in a week that has cca 100 James-working-hours.

So one hour of James's work costs 50,000 Nxt coins = 2,000 USD.

1 minute of James's time spent on reading the troll texts costs 30 USD, what a waste of money

That did not answer my question. Let me rephrase the question.

Did Poloniex seek their lawyers' input while conducting QIBUCK ICO?

1) Yes they did seek, and the lawyers said yes proceed.
2) Yes they did seek, and the lawyers said no cannot proceed.
3) No they did not seek, and conducted QIBUCK ICO.
4) No they did not seek, and did not conduct QIBUCK ICO.

In case of 3) I can see a big problem already that they were trying to avoid in the first place.

yes, that i mean. muchas gracias.

Hmm...not return/make excuses. So first you say its Keiretsu, I demolish that. Then you accuse me of "not understanding your grand plans". I say ok, answer three questions. Again you avoid answering questions and make up some BS story. Let me take your own post apart:

"Please do not just make up something and present it like a fact.
txids 13869109530637325948 and 18177681832696022121 are for 500 and 24500 NXTprivacy assets from my personal acct NXT-DE2F-W76R-GL25-HMFPR into the BTCD donation acct NXT-EVK5-KLZV-NHSZ-H4Z7R
So you falsely accuse me of taking assets from the JLH account all the while pretending you are being factual."

The JLH issuing account is - NXT-DE2F-W76R-GL25-HMFPR, which I guess was the JLH account. But now you say its your personal account. As you say I am "making" things up, so:
1. Why use a personal account as the issuing account? I have checked your other assets InstaDex and sharkfund0, these werent done from this account?
2. If this is your personal account, pray where you are holding jl777's coins/assets? The account name? Can you state the facts for me please?

BBR and the sharkfund0 -- "Boolberry’s market cap stands at around $400,000 and a 10 percent share – already obtained by sharkfund0, most of which will be going into the SuperNET core – would cost only 80 BTC." -- from your pdf. Now how can one read this, tell me? Two ways:

1. You are investing coins from sharkfund0 into supernet, market rate or not, doesn't matter. Effectively propping Supernet with watever btc (4k BTC, was it?) sharkfund0 has. A market news of Supernet raising say 7k BTC (doesn't matter if it contains 4k BTC from sharkfund0, is a market moving news, isnt?)

2. You are investing a percentage of the sharkfund0 into supernet (keeping in with the risk mitigation and all). Say 40% of sharkfund0 --- that wud amount to only effective 4% of BBR being invested. Wouldn't it?

Now as you clarified (or provided proof ) that you will be investing your personal sharkfund0. Fair enough. How much do you hold? And how much of BBR wud it represent? Not 10% for sure.

I have a theory for Mgw but lets not talk about it as it will piss you off more.

That all said, you say I declined your offer to do any real work. I already asked you some questions. Let me repeat them again:
a. What is your holding pattern in each of the assets? This will clarify how much of your one asset is owned by another asset. ie answer the ponzi query clearly. --> Or do you want me to dig up info which you should be having already?

b. Even if you are consider these linked assets as Keiretsu, how do you mitigate the single point of risk - YOU. Not only from a scam point of view but also from unforeseen events too - say an IRL issues, many of us have those.  --> This is more out of concern for you and people both. But fuck it, why have a contingency plan when you are the great jl777 --- no one should question you.

c. If your answer to above is "escrow", then who/what will be holding the "escrow". What are the terms? I have gone through the pdf and don't see the escrow terms.
It has been quite apparent from the syscoin, another IPO I bought into, that the escrow in crypto space is corrupt. slex has been changing terms for that escrow as and when he likes. worst part, his contention was wallet and blockchain, even in non-working form was enough for him to hold the coins.  --> If I remember correctly you were still looking for escrow options. Things weren't finalised before the IPO kicked off. Now can we get some clarity?

That said, stop beating around the bush about your stellar reputation and ask for things which you know cant be done by a single guy -- audit all your asset transactions. Answer the above queries and we can be done with it. If you want to scream "SMEAR! SMEAR!" then be my guest. I wont be doing this back and forth for an IPO, I am not going to buy.

SuperNET doc, see OP.

As stated previously, Poloniex sought advice from their lawyers regarding IPO/ICO's as a direct result of people posting in this thread their concerns that it might contravene SEC rules in the US. They were advised by their legal team not to proceed with the superNET ICO and, having been made aware of the potential complications, could not risk hosting it.

I think you'll now find that Poloniex will not be permitting any more ICO's until they receive legal confirmation that it is safe to do so without falling foul of the regulatory environment they operate in, as a US-based exchange.

push

I thought James talking about another coin will multiply its price by 10, well this time his magic did not last long, but at least made me aware of a good coin like Bitmark, James can you mention BTM again to see if this time the magic last a bit longer