the starting price in bter will be 0.01 BTC
which will be the price in NXT?
0.0095 BTC using a conversion rate calculated by 24hr SMA of CMC price which will be the price in NXT?
Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 263. (Read 736772 times)
September 06, 2014, 06:35:10 AM
September 06, 2014, 06:34:25 AM
Can I buy on day 1 and sell on day 2 on bter?
Yes if you undercut the current price on day 2 to get it sold.
You can sell it on day 10 if you like provided there are buyers for it at that time
September 06, 2014, 06:34:00 AM
Can you explain a bit more the connection between JLH and Supernet?
Thank you
no direct connectionThank you
JLH has over two dozen NXT assets, mostly ~10% slices
Since it is a horizontal proxy asset, it ends up with 10% slices of all the SuperNET core assets
it predates SuperNET by about 3 months, the JLH trading on polo started about a month ago, not sure of exact dates
September 06, 2014, 06:31:45 AM
Ok,
I read the most of this thread. But what I'm not guessing is how the Price on the asset-exchange will be generated? will it be the Prices at 14:00 GMT at bter.com?
I read the most of this thread. But what I'm not guessing is how the Price on the asset-exchange will be generated? will it be the Prices at 14:00 GMT at bter.com?
September 06, 2014, 06:29:30 AM
Can I buy on day 1 and sell on day 2 on bter?
Yes if you undercut the current price on day 2 to get it sold.
September 06, 2014, 06:26:26 AM
Can I buy one day 1 and sell on day 2 on bter?
Yes if you undercut the current price on day 2 to get it sold.
September 06, 2014, 06:25:21 AM
Can I buy one day 1 and sell on day 2 on bter?
September 06, 2014, 06:25:11 AM
Guys, stop worrying about a few satoshi, it's not productive for everyone. It's either going to be big or fail, a few satoshi won't mater.
September 06, 2014, 06:22:42 AM
Just in case anyone was thinking about doing the calculations...
BTC = 0.01027795
BTCD = 0.01014465 (0.0145)
NXT = 0.01067302 (0.000074)
So right now, the cheapest way to buy the token is via BTCD
BTC = 0.01027795
BTCD = 0.01014465 (0.0145)
NXT = 0.01067302 (0.000074)
So right now, the cheapest way to buy the token is via BTCD
September 06, 2014, 06:22:33 AM
September 06, 2014, 06:18:04 AM
the starting price in bter will be 0.01 BTC
which will be the price in NXT?
which will be the price in NXT?
September 06, 2014, 06:13:24 AM
Can you explain a bit more the connection between JLH and Supernet?
Thank you
Thank you
September 06, 2014, 06:08:17 AM
I am just doing the best I can considering the circumstances and I appreciate your understanding. I do apologize for the inconvenience and will do my best to make sure you will be happy for supporting the SuperNET UNITY cause
If you have any questions at all, please ask. I am in no condition to do any coding for some reason, so I am just doing support posts.
James
Too much coding and lattes. Take some time off and do something relaxing like creating a vast network of hi-tech coins and integrated revenue-generating services in less than a fortnight.
Because many people are asking questions that have been asked (and answered) before, here's a short digest of some of the key points. You and others may want to add or edit it but it may be useful to wheel out now and again over the course of the next few hours and weeks...
About SuperNET
http://209.126.70.170/SuperNET.pdf summarises SuperNET
Prospective participants are encouraged to read this brief document in full! Any unanswered questions are likely to be addressed there.
SuperNET is a new initiative designed to:
- Unite disparate cryptocurrencies by fostering collaboration
- Reward innovation, talent and active coin communities
- Share resulting benefits with CORE members and extend advantages to all cryptocurrencies
- Bring value to long-term SuperNET participants
SuperNET will bring together a number of promising cryptocurrencies with strong tech. These CORE currencies will be able to share each others' features through a combined wallet (based on the NXT wallet). Several additional revenue-generating services will be included in SuperNET, from targeted advertising and transaction fees from anonymity protocols to betting revenues and trading gains. Any revenues raised will be used to reward SuperNET holders, strengthen CORE coin communities by investing in development, and make improvements to other key areas of the cryptocurrency ecosystem.
The price of SuperNET will be backed by its underlying cryptocurrencies. It will aim to acquire 10 percent of those coins it includes in the CORE (currently BTCD and BBR, as well as in investment in NXT-related assets). This means the price is protected from falls as holders are unlikely to sell it for less than the value of these underlying currencies. SuperNET is not a coin and this is unlike any other coin launch held to date. Additional funds will not dilute SuperNET but give it more influence and purchasing power.
The majority of funds provided by participants will be held long-term until they are needed. Additional revenue-generating services are included for free and are not included in the book price - despite offering immediate additional value.
SuperNET is available from BTER and NXT Asset Exchange as a token (name: TOKEN) that will be exchanged for the asset UNITY at the end of the fundraising process. UNITY is a NXT asset that will trade freely on the AE and exchanges after the fundraiser.
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066
Beware of any SuperNET related asset issued by any other account
SuperNET is not a cryptocurrency and does not intend to replace any cryptocurrency, including Bitcoin. As the name UNITY suggests, the philosophy of SuperNET is that cryptocurrency will be stronger if we pool resources and share strong tech, instead of assuming the same zero-sum mentality carried over from parts of the fiat economy. Clones and coins that do not offer unique features will not be included in SuperNET.
For a short summary of the SuperNET philosophy, see https://www.youtube.com/watch?v=gpevZ0-wUYQ&list=RDgpevZ0-wUYQ#t=0
September 06, 2014, 06:07:40 AM
bull shit, after holding 6 month of xmr,doge,auro,nas, I only get 10% or even less.
I think there lies your problem...
you need to spot coins with good unique tech and long term potential in order to make use of the hodl strategy... those 3 wouldn't fall in that category for me.
September 06, 2014, 06:07:24 AM
Considering your net worth of 4000 BTC in crypto, all I can say, I certainly wont be able to afford those "food and latte" too 
.
That said, couple of queries/suggestions:
1. BITGO has a paid service for "enterprise" level wallets. I have not tried it so I am not sure what kind of extra layered security is in place for that. If you are considering them for multi sig addresses.
2. Now most of the people already know you/your work with NXT. I first heard about you when I was reading up on the BTSX in wallet exchange where they have put in markets pegged (to use their lingo) to BTSX. Someone mentioned about Supernet and how it will have a market effectively trading every crypto joins to any other crypto. So the query is: how different/similar is this idea to the BTSX exchange market?
3. As I said, I am not overly familiar with your work but I do see the long list of project you are into. Thats one huge list man
Many of them have been open source basis, I presume? So I was wondering if you could list out the projects which you are currently working on/are in the pipeline? The reason is I really want to know how busy you really are? We normally have the best of intentions when taking on a project but things fall apart some times because of an issue encountered with another projects. I also think it will help in disclaimering your already fully disclaimered pdf You can probably add "expect a bit of delay"/"don't bitch if the initial date is pushed" to your list.
The btsx holographic peg experiment is proceeding so far as I have expected. I am worried that my full prediction will come to pass, so I am not spending efforts on understanding the details. I have been too busy for such extra research. Please do not ask about my opinions on this, you can search forums and find my postings . That said, couple of queries/suggestions:
1. BITGO has a paid service for "enterprise" level wallets. I have not tried it so I am not sure what kind of extra layered security is in place for that. If you are considering them for multi sig addresses.
2. Now most of the people already know you/your work with NXT. I first heard about you when I was reading up on the BTSX in wallet exchange where they have put in markets pegged (to use their lingo) to BTSX. Someone mentioned about Supernet and how it will have a market effectively trading every crypto joins to any other crypto. So the query is: how different/similar is this idea to the BTSX exchange market?
3. As I said, I am not overly familiar with your work but I do see the long list of project you are into. Thats one huge list man
Many of them have been open source basis, I presume? So I was wondering if you could list out the projects which you are currently working on/are in the pipeline? The reason is I really want to know how busy you really are? We normally have the best of intentions when taking on a project but things fall apart some times because of an issue encountered with another projects. I also think it will help in disclaimering your already fully disclaimered pdf
You can probably add "expect a bit of delay"/"don't bitch if the initial date is pushed" to your list. I posted a few posts back the layered structure of my projects. they are all one big project with most of them being applications written on top of the SuperNET layer. the source codes are here for a recent version: github.com/jl777/libjl777 I have not put all the things into libjl777 yet, I guess only about half of the 40,000 lines are in there for now, but this is just lack of time for housekeeping. The SuperNET launch is delaying me by about a week, I estimate a full month of debugging to get all except the Privatebet into a beta release. Maybe I am only able to work halftime on the debugging, so with only 50 hours a week, then it could be taking two months. So I think the timeframes of yearend for all but Privatebet and 6 months for things to get up to speed is reasonable.
I ask for forgiveness if I am not meeting this schedule with exact precision, I am finding that there is much time spent recently on the 100+ PM's I am getting every day. I do not know how much longer I can continue to answer every PM. If it is OK for me to ignore the PM's of low content, then that will increase the time I have for coding.
so please do not send me a PM until you are reading this thread, thesupernet.org and asked on the thread. Everybody can help this poor monkey from menial work if you are making the right answers on the thread. Then if you can refrain to ask me in PM, you can ask me on the thread.
SuperNET should be the best idea for everything, the best answer for every question, the best mind for each post. I thank you for your assistance.
James
In any case, just for the fact that you are making an effort to answer every post, I will invest whatever meagre btc I have.
this is the only way you can HODL
September 06, 2014, 06:01:56 AM
Considering your net worth of 4000 BTC in crypto, all I can say, I certainly wont be able to afford those "food and latte" too .
That said, couple of queries/suggestions:
1. BITGO has a paid service for "enterprise" level wallets. I have not tried it so I am not sure what kind of extra layered security is in place for that. If you are considering them for multi sig addresses.
2. Now most of the people already know you/your work with NXT. I first heard about you when I was reading up on the BTSX in wallet exchange where they have put in markets pegged (to use their lingo) to BTSX. Someone mentioned about Supernet and how it will have a market effectively trading every crypto joins to any other crypto. So the query is: how different/similar is this idea to the BTSX exchange market?
3. As I said, I am not overly familiar with your work but I do see the long list of project you are into. Thats one huge list man
Many of them have been open source basis, I presume? So I was wondering if you could list out the projects which you are currently working on/are in the pipeline? The reason is I really want to know how busy you really are? We normally have the best of intentions when taking on a project but things fall apart some times because of an issue encountered with another projects. I also think it will help in disclaimering your already fully disclaimered pdf You can probably add "expect a bit of delay"/"don't bitch if the initial date is pushed" to your list.
The btsx holographic peg experiment is proceeding so far as I have expected. I am worried that my full prediction will come to pass, so I am not spending efforts on understanding the details. I have been too busy for such extra research. Please do not ask about my opinions on this, you can search forums and find my postings . That said, couple of queries/suggestions:
1. BITGO has a paid service for "enterprise" level wallets. I have not tried it so I am not sure what kind of extra layered security is in place for that. If you are considering them for multi sig addresses.
2. Now most of the people already know you/your work with NXT. I first heard about you when I was reading up on the BTSX in wallet exchange where they have put in markets pegged (to use their lingo) to BTSX. Someone mentioned about Supernet and how it will have a market effectively trading every crypto joins to any other crypto. So the query is: how different/similar is this idea to the BTSX exchange market?
3. As I said, I am not overly familiar with your work but I do see the long list of project you are into. Thats one huge list man
Many of them have been open source basis, I presume? So I was wondering if you could list out the projects which you are currently working on/are in the pipeline? The reason is I really want to know how busy you really are? We normally have the best of intentions when taking on a project but things fall apart some times because of an issue encountered with another projects. I also think it will help in disclaimering your already fully disclaimered pdf
You can probably add "expect a bit of delay"/"don't bitch if the initial date is pushed" to your list. I posted a few posts back the layered structure of my projects. they are all one big project with most of them being applications written on top of the SuperNET layer. the source codes are here for a recent version: github.com/jl777/libjl777 I have not put all the things into libjl777 yet, I guess only about half of the 40,000 lines are in there for now, but this is just lack of time for housekeeping. The SuperNET launch is delaying me by about a week, I estimate a full month of debugging to get all except the Privatebet into a beta release. Maybe I am only able to work halftime on the debugging, so with only 50 hours a week, then it could be taking two months. So I think the timeframes of yearend for all but Privatebet and 6 months for things to get up to speed is reasonable.
I ask for forgiveness if I am not meeting this schedule with exact precision, I am finding that there is much time spent recently on the 100+ PM's I am getting every day. I do not know how much longer I can continue to answer every PM. If it is OK for me to ignore the PM's of low content, then that will increase the time I have for coding.
so please do not send me a PM until you are reading this thread, thesupernet.org and asked on the thread. Everybody can help this poor monkey from menial work if you are making the right answers on the thread. Then if you can refrain to ask me in PM, you can ask me on the thread.
SuperNET should be the best idea for everything, the best answer for every question, the best mind for each post. I thank you for your assistance.
James
In any case, just for the fact that you are making an effort to answer every post, I will invest whatever meagre btc I have.
this is the only way you can HODL
September 06, 2014, 05:59:37 AM
I am just doing the best I can considering the circumstances and I appreciate your understanding. I do apologize for the inconvenience and will do my best to make sure you will be happy for supporting the SuperNET UNITY cause
If you have any questions at all, please ask. I am in no condition to do any coding for some reason, so I am just doing support posts.
James
Too much coding and lattes. Take some time off and do something relaxing like creating a vast network of hi-tech coins and integrated revenue-generating services in less than a fortnight.
Because many people are asking questions that have been asked (and answered) before, here's a short digest of some of the key points. You and others may want to add or edit it but it may be useful to wheel out now and again over the course of the next few hours and weeks...
About SuperNET
http://209.126.70.170/SuperNET.pdf summarises SuperNET
Prospective participants are encouraged to read this brief document in full! Any unanswered questions are likely to be addressed there.
SuperNET is a new initiative designed to:
- Unite disparate cryptocurrencies by fostering collaboration
- Reward innovation, talent and active coin communities
- Share resulting benefits with CORE members and extend advantages to all cryptocurrencies
- Bring value to long-term SuperNET participants
SuperNET will bring together a number of promising cryptocurrencies with strong tech. These CORE currencies will be able to share each others' features through a combined wallet (based on the NXT wallet). Several additional revenue-generating services will be included in SuperNET, from targeted advertising and transaction fees from anonymity protocols to betting revenues and trading gains. Any revenues raised will be used to reward SuperNET holders, strengthen CORE coin communities by investing in development, and make improvements to other key areas of the cryptocurrency ecosystem.
The price of SuperNET will be backed by its underlying cryptocurrencies. It will aim to acquire 10 percent of those coins it includes in the CORE (currently BTCD and BBR, as well as in investment in NXT-related assets). This means the price is protected from falls as holders are unlikely to sell it for less than the value of these underlying currencies. SuperNET is not a coin and this is unlike any other coin launch held to date. Additional funds will not dilute SuperNET but give it more influence and purchasing power.
The majority of funds provided by participants will be held long-term until they are needed. Additional revenue-generating services are included for free and are not included in the book price - despite offering immediate additional value.
SuperNET is available from BTER and NXT Asset Exchange as a token (name: TOKEN) that will be exchanged for the asset UNITY at the end of the fundraising process. UNITY is a NXT asset that will trade freely on the AE and exchanges after the fundraiser.
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066
Beware of any SuperNET related asset issued by any other account
SuperNET is not a cryptocurrency and does not intend to replace any cryptocurrency, including Bitcoin. As the name UNITY suggests, the philosophy of SuperNET is that cryptocurrency will be stronger if we pool resources and share strong tech, instead of assuming the same zero-sum mentality carried over from parts of the fiat economy. Clones and coins that do not offer unique features will not be included in SuperNET.
For a short summary of the SuperNET philosophy, see https://www.youtube.com/watch?v=gpevZ0-wUYQ&list=RDgpevZ0-wUYQ#t=0
September 06, 2014, 05:57:04 AM
OK, we have just three hours to go.
If there are any unanswered questions, please ask them. I have tried to post all relevant things, but it has been quite hectic and I have not even the time to eat more than a couple bananas. Hence all my monkey references.
So, I could easily have forgotten something and I want to have full disclosures before a single BTC is coming in. The last thing I want is for there to be any reason for people to say I am hiding something or not being fully transparent.
I am just a bit tired now, I need to get some food and if you can think of any questions that should be asked, then please ask.
James
If there are any unanswered questions, please ask them. I have tried to post all relevant things, but it has been quite hectic and I have not even the time to eat more than a couple bananas. Hence all my monkey references.
So, I could easily have forgotten something and I want to have full disclosures before a single BTC is coming in. The last thing I want is for there to be any reason for people to say I am hiding something or not being fully transparent.
I am just a bit tired now, I need to get some food and if you can think of any questions that should be asked, then please ask.
James
http://www.nxtcommunity.org/
Shows 4h 08m right now...?
so it must have been off by an hour due to this really annoying daylight savings time. How can you save daylight? If you had a fully mirrored self enclosed box I guess you can store some light, but it is not an easy thing.
They introduced it to save energy and fix traffic light cost. Totally overrated nowadays. They are talking about getting rid of it.
September 06, 2014, 05:54:49 AM
OK, we have just three hours to go.
If there are any unanswered questions, please ask them. I have tried to post all relevant things, but it has been quite hectic and I have not even the time to eat more than a couple bananas. Hence all my monkey references.
So, I could easily have forgotten something and I want to have full disclosures before a single BTC is coming in. The last thing I want is for there to be any reason for people to say I am hiding something or not being fully transparent.
I am just a bit tired now, I need to get some food and if you can think of any questions that should be asked, then please ask.
James
If there are any unanswered questions, please ask them. I have tried to post all relevant things, but it has been quite hectic and I have not even the time to eat more than a couple bananas. Hence all my monkey references.
So, I could easily have forgotten something and I want to have full disclosures before a single BTC is coming in. The last thing I want is for there to be any reason for people to say I am hiding something or not being fully transparent.
I am just a bit tired now, I need to get some food and if you can think of any questions that should be asked, then please ask.
James
http://www.nxtcommunity.org/
Shows 4h 08m right now...?
so it must have been off by an hour due to this really annoying daylight savings time. How can you save daylight? If you had a fully mirrored self enclosed box I guess you can store some light, but it is not an easy thing.
September 06, 2014, 05:53:04 AM
If coding was like golf without takebacks, then I would be in big trouble.
James
James
One day I'd love to play a round of golf with you...my treat!
Then luckily I made a horrible swing and slammed the driver into the ground at full force and really messed up by back. After that the closest I get to golf is the putt-putt with the windmills
James
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