[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 251.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: Forobitcoins on September 06, 2014, 10:58:11 AM

Quote from: jl777 on September 06, 2014, 10:54:34 AM

Quote from: moneyflow on September 06, 2014, 10:50:47 AM

Quote from: cexylikepie on September 06, 2014, 10:48:46 AM

Quote from: moneyflow on September 06, 2014, 10:47:49 AM

Quote from: jl777 on September 06, 2014, 10:45:31 AM

Quote from: hilgi on September 06, 2014, 10:36:54 AM

Why was the first sell from the asset issuer 140 on the NXT exchange? Then the next was 127.

this was my mistake i will be doing a one time sale at 114 to compensate within half hour

Dude , the guy that bought at 500 NXT , your 114 nxt wont do shit for him. Wake the fuck up.

and why would he do that?

I dont know and you don't know. But lets be clear. It's a fuckin ipo why would you allow people selling their coins until the period is over.

Jl777 should just have allowed all the coins at once with 1 heavy sell wall. This would have done the job.

You can't allow people to start with a 4X more expensive price thats non sense.

I am angry for them and i don't even hold 1 token.

people kept asking if they could sell the TOKEN back if they changed their mind
so bter allowed this as NOBODY said to disable this.
however I am suggesting to bter to give extra TOKEN to the people who overpaid so they end up with the official price
and selling is disabled on bter and I have a big sell wall on the NXT AE

What happens to those who bought 140 of the issuer?

I will be doing one time 114 NXT sale to balance to 127
it is the only thing I can do

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: threecats on September 06, 2014, 10:58:05 AM

Ok, idiodic question, but I am looking at BTer right now and the price seems to be 0.01000420 is this correct? why are there buy orders below this price when the price is fixed?

thanks.

I notice that too, but I can't put buy oder.

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: jl777 on September 06, 2014, 10:57:36 AM

Quote from: moneyflow on September 06, 2014, 10:55:06 AM

By the way allowing nxt buys at 114 each is not resolving the problem.

It now gives an advantage to nxt buyers over btc and btcd.

Your now allowing them to go for an instant profit if they sell their tokens on the btc or btcd market.

I am only manually dealing the NXT on NXT AE
BTCD is in bter's hands

still the bter...

Forobitcoins

sr. member

Activity: 301

Merit: 250

Quote from: jl777 on September 06, 2014, 10:54:34 AM

Quote from: moneyflow on September 06, 2014, 10:50:47 AM

Quote from: cexylikepie on September 06, 2014, 10:48:46 AM

Quote from: moneyflow on September 06, 2014, 10:47:49 AM

Quote from: jl777 on September 06, 2014, 10:45:31 AM

Quote from: hilgi on September 06, 2014, 10:36:54 AM

Why was the first sell from the asset issuer 140 on the NXT exchange? Then the next was 127.

this was my mistake i will be doing a one time sale at 114 to compensate within half hour

Dude , the guy that bought at 500 NXT , your 114 nxt wont do shit for him. Wake the fuck up.

and why would he do that?

I dont know and you don't know. But lets be clear. It's a fuckin ipo why would you allow people selling their coins until the period is over.

Jl777 should just have allowed all the coins at once with 1 heavy sell wall. This would have done the job.

You can't allow people to start with a 4X more expensive price thats non sense.

I am angry for them and i don't even hold 1 token.

people kept asking if they could sell the TOKEN back if they changed their mind
so bter allowed this as NOBODY said to disable this.
however I am suggesting to bter to give extra TOKEN to the people who overpaid so they end up with the official price
and selling is disabled on bter and I have a big sell wall on the NXT AE

What happens to those who bought 140 of the issuer?

threecats

sr. member

Activity: 378

Merit: 250

Ok, idiodic question, but I am looking at BTer right now and the price seems to be 0.01000420 is this correct? why are there buy orders below this price when the price is fixed?

thanks.

r3animation

hero member

Activity: 756

Merit: 500

Quote from: moneyflow on September 06, 2014, 10:50:47 AM

Quote from: cexylikepie on September 06, 2014, 10:48:46 AM

Quote from: moneyflow on September 06, 2014, 10:47:49 AM

Quote from: jl777 on September 06, 2014, 10:45:31 AM

Quote from: hilgi on September 06, 2014, 10:36:54 AM

Why was the first sell from the asset issuer 140 on the NXT exchange? Then the next was 127.

this was my mistake i will be doing a one time sale at 114 to compensate within half hour

Dude , the guy that bought at 500 NXT , your 114 nxt wont do shit for him. Wake the fuck up.

and why would he do that?

I dont know and you don't know. But lets be clear. It's a fuckin ipo why would you allow people selling their coins until the period is over.

Jl777 should just have allowed all the coins at once with 1 heavy sell wall. This would have done the job.

You can't allow people to start with a 4X more expensive price thats non sense.

I am angry for them and i don't even hold 1 token.

People are allowed to sell the moment they get their shares. That's the way it works in real life. If you disagree, it's more of a BTER issue then the dev.

The guy bought from someone who was selling at 500NXT. He himself had to move his mouse and click on the buy option. No one forced him.

A quick look at the order book would have alerted him and it's on the same page less then 2 inches down from the buy/sell column.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: moneyflow on September 06, 2014, 10:55:06 AM

By the way allowing nxt buys at 114 each is not resolving the problem.

It now gives an advantage to nxt buyers over btc and btcd.

Your now allowing them to go for an instant profit if they sell their tokens on the btc or btcd market.

I am only manually dealing the NXT on NXT AE
BTCD is in bter's hands

CECVW

legendary

Activity: 961

Merit: 1000

Quote from: moneyflow on September 06, 2014, 10:50:47 AM

Quote from: cexylikepie on September 06, 2014, 10:48:46 AM

Quote from: moneyflow on September 06, 2014, 10:47:49 AM

Quote from: jl777 on September 06, 2014, 10:45:31 AM

Quote from: hilgi on September 06, 2014, 10:36:54 AM

Why was the first sell from the asset issuer 140 on the NXT exchange? Then the next was 127.

this was my mistake i will be doing a one time sale at 114 to compensate within half hour

Dude , the guy that bought at 500 NXT , your 114 nxt wont do shit for him. Wake the fuck up.

and why would he do that?

I dont know and you don't know. But lets be clear. It's a fuckin ipo why would you allow people selling their coins until the period is over.

Jl777 should just have allowed all the coins at once with 1 heavy sell wall. This would have done the job.

You can't allow people to start with a 4X more expensive price thats non sense.

I am angry for them and i don't even hold 1 token.

I sold all my next into this, I am so nervous and stupid, please don't do this to me I was acting in good faith at buying at 500 next as I thought was price when I came in and then a few seconds it went to 127 next, I am smoking like an idiot now, please bter refund it all my money I had or at least make it as the rest who bought at 127 next, I am so naïve Sad

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: tersagun on September 06, 2014, 10:56:14 AM

Overbuying happens all the time.

The first day on BBR price fly, Bittrex had the double price of Polo because the market was very shallow. Some ignorant people were paying double the price because
a) they weren't even aware it was half on Polo (their ignorance)
b) they wanted to jump to the train before it's too late (they took the risk).

Should these guys ask for a refund as well then?

Yes, it was a big mistake selling was enabled on BTER but there is nothing to refund here; selling wasn't banned so you cannot blame the sellers.
Furthermore, there is no authority on AE at all, you will not be able to prevent if someone is paying double the price. Be it their greed, ignorance or a typo.

everyone should take its own risk.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: LongAndShort on September 06, 2014, 10:54:53 AM

jl777 can you answer me please what contingencies have you in place if any in the unfortunate case where you die which will happen one day!

asked and answered
no time right now
plz understand

tersagun

sr. member

Activity: 280

Merit: 250

Overbuying happens all the time.

The first day on BBR price fly, Bittrex had the double price of Polo because the market was very shallow. Some ignorant people were paying double the price because
a) they weren't even aware it was half on Polo (their ignorance)
b) they wanted to jump to the train before it's too late (they took the risk).

Should these guys ask for a refund as well then?

Yes, it was a big mistake selling was enabled on BTER but there is nothing to refund here; selling wasn't banned so you cannot blame the sellers.
Furthermore, there is no authority on AE at all, you will not be able to prevent if someone is paying double the price. Be it their greed, ignorance or a typo.

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: LongAndShort on September 06, 2014, 10:54:53 AM

jl777 can you answer me please what contingencies have you in place if any in the unfortunate case where you die which will happen one day!

good question.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: shojayxt on September 06, 2014, 10:52:51 AM

Quote from: Momimaus on September 06, 2014, 10:49:18 AM

Quote from: CECVW on September 06, 2014, 10:43:06 AM

Quote from: victorteoh on September 06, 2014, 10:40:03 AM

It is stated from jl777 himself that we can sell our tokens at bter. Should not be a problem. Everyone that read the OP clearly should know that the price is dynamic and changes everytime linearly. You can't blame people coz u bought high coz u wanna outbid people to get the price cheap. You have yourself to blame

No! its wrong...it can not go from 500 nxt to 127 nxt.!! I want refund of anything it was not 127 nxt now

I think you don´t get it. You didn´t pay James with 500. You someone else who outplayed you.
Ask the other guy for a refund, but this won´t happen.

That guy should not have been able to sell for 500 to begin with.

I did not expect the million NXT to sell out in one block, by the time my next sell registered it was 2 blocks later
in between people's asks got filled

apenzl

sr. member

Activity: 396

Merit: 250

https://nxtforum.org/general-discussion/ae-performs-perfectly-to-buy-token/

Quote

I just picked up some TOKEN at 127 from the "Asset Issuer". AE performed flawlessly, I bought the TOKEN in less than 2 minutes.

moneyflow

sr. member

Activity: 281

Merit: 250

By the way allowing nxt buys at 114 each is not resolving the problem.

It now gives an advantage to nxt buyers over btc and btcd.

Your now allowing them to go for an instant profit if they sell their tokens on the btc or btcd market.

LongAndShort

legendary

Activity: 1078

Merit: 1050

jl777 can you answer me please what contingencies have you in place if any in the unfortunate case where you die which will happen one day!

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: moneyflow on September 06, 2014, 10:50:47 AM

Quote from: cexylikepie on September 06, 2014, 10:48:46 AM

Quote from: moneyflow on September 06, 2014, 10:47:49 AM

Quote from: jl777 on September 06, 2014, 10:45:31 AM

Quote from: hilgi on September 06, 2014, 10:36:54 AM

Why was the first sell from the asset issuer 140 on the NXT exchange? Then the next was 127.

this was my mistake i will be doing a one time sale at 114 to compensate within half hour

Dude , the guy that bought at 500 NXT , your 114 nxt wont do shit for him. Wake the fuck up.

and why would he do that?

I dont know and you don't know. But lets be clear. It's a fuckin ipo why would you allow people selling their coins until the period is over.

Jl777 should just have allowed all the coins at once with 1 heavy sell wall. This would have done the job.

You can't allow people to start with a 4X more expensive price thats non sense.

I am angry for them and i don't even hold 1 token.

people kept asking if they could sell the TOKEN back if they changed their mind
so bter allowed this as NOBODY said to disable this.
however I am suggesting to bter to give extra TOKEN to the people who overpaid so they end up with the official price
and selling is disabled on bter and I have a big sell wall on the NXT AE

pineapples

legendary

Activity: 1204

Merit: 1000

to your stations, man the pineapples!!!

Quote from: jl777 on September 06, 2014, 10:49:12 AM

the selling by others is disabled for now that was the problem
people were supposed to put the bids in
I am working with bter to sort things
it could be a while to adjust the acct, I will ask bter to issue additional tokens so you get the official price
please do not put in bids higher that the current official price

cool

is it safe to buy now . lol

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: btcney on September 06, 2014, 10:52:38 AM

Quote from: NOjust on September 06, 2014, 10:52:19 AM

Quote from: BadAss.Sx on September 06, 2014, 10:32:30 AM

Quote from: Kn_os on September 06, 2014, 10:31:58 AM

but why someone selling?

To earn some money, what do you think?

can't set the sell oder, can you?

It was possible but they disabled it now

now it is not allowed ,but in the beginning it can.

victorteoh

sr. member

Activity: 334

Merit: 250

🌟 æternity🌟 blockchain🌟

Quote from: jl777 on September 06, 2014, 10:49:12 AM

the selling by others is disabled for now that was the problem
people were supposed to put the bids in
I am working with bter to sort things
it could be a while to adjust the acct, I will ask bter to issue additional tokens so you get the official price
please do not put in bids higher that the current official price

It was stated at the OP that "(TOKEN may not be withdrawn until it has been converted to UNITY. They may be traded if desired.)". So for those who bought up overpriced, I don't think there's anything to be done from this. They put the bidding price very high to outbid the rest of the buyers. It's clearly greed on their side too.

It is clearly mentioned in the OP and

"Pricing will be adjusted automatically on BTER but manually on the NXT Asset Exchange, hence may not be as smooth. "

Means that sell orders from the IPO will be pulled and put back. Everyone should have understood this

Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 251. (Read 736772 times)