There have been more than a few folks with Hero reps suddenly showing up to proclaim what nonsense the supernet is, how hastily it has been conceived, etc. The following is directed at them:
If you do not understand the interrelationship between teleporting & the exponential increase in mathematical anon that is achieved by being able to move payments through one or more entirely different blockchains - then you do not understand one of the key ideas underlying the supernetwork.
If you do not understand that there will be a clear network advantage to coins joining the network, you have - again - not researched the concept sufficiently.
If you do not understand the corresponding increase in valuation of said coins, and how this ico is designed to reap the benefits of it, then again, you have not done you research.
Coming in here with potty mouth sentences full of "shit shit shit" makes your Hero reps a joke.
If you have criticisms, articulate them about the underpinnings of the supernetwork - instead of engaging in shotgun character assasination of jl777 . Be intelligent. Live up to your post count.
Jmho
You implicate that teleporting will be a great success and without any problems and on top of the Anon-Solutions. But: What, if there should be problems and/or better Solutions of other projects in a few months? It just would need one project that makes it better and all participating Coins would lose value. And if there should be a problem with teleporting... every participating Coin will crash. Every serious Dev will think through this. And I think: The best won't join it.
And, don't get me wrong. I like the SuperNet-Idea. But I also see this rushing and this "ICO"... and it's not well organized. And I doubt, that all consequences are clear.
all usage of SuperNET is optional
the devs decide on three levels of integration
the user decides whether to Enter SuperNET
Even when SuperNET is Entered, each tx can use or not use Teleport or any other SuperNET API
The connections are peer to peer using UDP onion routed packets
If there is a new project with better value, then it would be hoped that they would join the SuperNET
If not, that's ok too.
As far as Teleport, it is similar to adding 2FA to a website acct. You dont have to, but I think some people will want to
There was one mistake that I allowed above official price selling. I have repeatedly told people I make mistakes, so here is the proof. the fact I am awake for 30 hrs is no excuse. I took responsibility and manually credited all accts that ended up overpaying
Of course I wish I didnt have to spend 2 hours of my life doing that, but it is what had to be done to make things right. So I did
You do realize this is 99% backed by the BTC coming in?
You do realize I have already managed a 1500 BTC fund and tripled investors funds in 3 months?
You do realize I have helped investors make over 150 million NXT and $5 million USD in ~4 months?
MGW multigateway is now around the #10 of all exchanges by volume
Is there risk, of course, but I estimate the realistic risk is 20% and that is in some pretty unlikely scenarios, but if the downside is 20% and you have a 3:1 trade discipline then if you feel a 60% gain is as likely as a 20% loss, then it is logical to invest. This is professional trading methodology from nobrainertrades.com, if you are doubting this sort of thing too.
So, the question is what are the chances for a 10000 BTC fund getting a 1.6x book value market valuation?
If it gets 100,000 users (now some doubt this, but few seemed to believe my prediction of 10000 BTC. after 3.5 hrs we are almost 25% there) then if on average SuperNET can generate one penny per day per user, this creates a dividend yield based valuation (using 3% benchmark) that is comparable to the book value. In other words 2x.
So, how likely is it to generate a penny per day per user?
Let us assume that 1% of these 100,000 users are in the top 1% of trading activity. I hope you will allow me this assumption without debating it. So, if you know 100 people with a crypto wallet, think of the most active day trader among these 100 people.
OK, now how much is he trading every day? 1 satoshi? 10 satoshi? maybe 1 BTC? Do we all know someone who is trading 1 BTC per day? this is the sum of all the trades for the day. 1 BTC? Now the normal trading commission on this is 0.25% something like that? InstantDEX commissions will be 0.1%. so this is 0.001 BTC. Please tell me if this is more than a penny.
James
