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Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 296. (Read 736777 times)

member
Activity: 96
Merit: 10
My friends tell me to keep an big eye with this topic,he said this chance may make me rich Wink
sr. member
Activity: 322
Merit: 250
I'd trust Poloniex over anyone else in this market definitely.

-American company
-Had a chance to pull a gox and did not
-Paid 90 BTC out of their own pocket to users
-Actively improves security
-Trusted by lots of established names with big money already
+1
legendary
Activity: 826
Merit: 1002
amarha
I'd trust Poloniex over anyone else in this market definitely.

-American company
-Had a chance to pull a gox and did not
-Paid 90 BTC out of their own pocket to users
-Actively improves security
-Trusted by lots of established names with big money already
sr. member
Activity: 322
Merit: 250
I'm in. When does ipo start?
up to poloniex

Do you mean you are ready for IPO anytime while Poloniex is not ready yet?
well, the idea for IPO came to me 8 hrs ago
within an hour Polo agreed to host IPO, but something about midnite friday, so there was no time to finalize the details
Tristan is very quick so I dont expect it will take them very long to get ready

I expect the ipo to be most of September

Does anybody have any concerns with Poloniex having all 5000BTC in their pocket at one point of time ?
I recall an incident with Poloniex hack that made them pass this loss on their customers to avoid completely goxing.
I don't remember size of that loss, but I guess 5000BTC is quite big amount if lost. That loss may gox them.

Also considering the time when Poloniex and ShareXCoin exchange were the only exchanges that had QORA, Poloniex had some trouble that made me (and other people) send my money to ShareXCoin where I successfully lost 100% of my deposit (I don't care about ShareXCoin much because I would lose 80% of it after QORA dump anyway, but I care that Poloniex gave me that incentive).

James, do you have any plans to withdraw portions of those 5000BTC as they flow into Poloniex pockets to prevent Poloniex having all of them at some point in time ?
If not, what can I read about Poloniex business to make me trust them ?
Also why not have IPO on 2 or 3 exchanges to avoid putting all 5000 eggs into one basket ?


Regarding the hack, I would like to point out that we repaid the loss in full to our customers -- we did not pass the loss off onto them and walk away. We have since implemented many security measures to ensure that nothing like that could happen again, including continual auditing of the exchange.

As for Qora, the technology was very new when ShareXCoin was still around, and prone to continual freezes and blockchain corruptions. We kept on top of them as best we could, but wallet downtime was unavoidable as it had to be resynced and the wallet rebuilt.

BTC from the ICO would be funneled straight into cold storage; no part of it would remain in the hot wallet for any appreciable length of time.

I trust busoni
newbie
Activity: 36
Merit: 0
I'm in. When does ipo start?
up to poloniex

Do you mean you are ready for IPO anytime while Poloniex is not ready yet?
well, the idea for IPO came to me 8 hrs ago
within an hour Polo agreed to host IPO, but something about midnite friday, so there was no time to finalize the details
Tristan is very quick so I dont expect it will take them very long to get ready

I expect the ipo to be most of September

Does anybody have any concerns with Poloniex having all 5000BTC in their pocket at one point of time ?
I recall an incident with Poloniex hack that made them pass this loss on their customers to avoid completely goxing.
I don't remember size of that loss, but I guess 5000BTC is quite big amount if lost. That loss may gox them.

Also considering the time when Poloniex and ShareXCoin exchange were the only exchanges that had QORA, Poloniex had some trouble that made me (and other people) send my money to ShareXCoin where I successfully lost 100% of my deposit (I don't care about ShareXCoin much because I would lose 80% of it after QORA dump anyway, but I care that Poloniex gave me that incentive).

James, do you have any plans to withdraw portions of those 5000BTC as they flow into Poloniex pockets to prevent Poloniex having all of them at some point in time ?
If not, what can I read about Poloniex business to make me trust them ?
Also why not have IPO on 2 or 3 exchanges to avoid putting all 5000 eggs into one basket ?


Regarding the hack, I would like to point out that we repaid the loss in full to our customers -- we did not pass the loss off onto them and walk away. We have since implemented many security measures to ensure that nothing like that could happen again, including continual auditing of the exchange.

As for Qora, the technology was very new when ShareXCoin was still around, and prone to continual freezes and blockchain corruptions. We kept on top of them as best we could, but wallet downtime was unavoidable as it had to be resynced and the wallet rebuilt.

BTC from the ICO would be funneled straight into cold storage; no part of it would remain in the hot wallet for any appreciable length of time.
+1
Polo has a record prove that they do take good care of their business and customers'
In an Alt-world of the last few months i guess Polo is the right platform
If 5kBTC is a major concern special arrangement could be but in place.
But i think Polo will and is the right place to start an honest and smart project.
legendary
Activity: 1237
Merit: 1010
Exciting times ahead! Not sure about I feel about trusting Poloniex with this kind of money tho.
sr. member
Activity: 504
Merit: 250
Was my point, free market analysis tell us that you create more added value here cause in the crypto world less resources are spend in useless stuff  Wink
legendary
Activity: 1176
Merit: 1134
Ok,james effect is amazing,you can run a company james..

Nope, his talent is more valuated here  Wink
fiat world is too competitive, not much fun and if you dont have enough money you have no chance
big salaries, maybe unions, labor laws, expensive offices, overhead, meetings, I think I will keep doing crypto
sr. member
Activity: 504
Merit: 250
Ok,james effect is amazing,you can run a company james..

Nope, his talent is more valuated here  Wink
legendary
Activity: 1176
Merit: 1134
So if someone buys BTCD they can also get the 5% discount for the IPO?

Since BTCD is the center of the superNET I assume anyone interested in the superNET will be big BTCD holders as well.
(and NXT as talked about eailer)

As people start to move their BTC over to Poloniex I'm guessing a lot of that 1000 BTC plus is going to be flowing in to BTCD and NXT. BTCD for people interested in anonymity and NXT for asset trading.

jl777, do you intend to fully support BTCD with the superNET? Will BTCD be the first wallet to have superNET integration?
Yes BTCD and NXT get a 5% bonus (really similar to discount) but the spread is usually about that, so it probably wont really help to do this, unless you are talking a small amount, or you are patient buyer

SuperNET is bigger than any single coin community, but I do expect that since both the BTCD and NXT communities have people that have literally made millions of USD by investing in my assets/coin that they will have a higher than average percentage of SuperNET investment.

BTCD is my coin, so of course I will support it and yes we will get all the kinks out of SuperNET integration process with BTCD so that the other coins go much smoother

Once the investors realize that SuperNET is selling for 110% of book value (BTC, BTCD and NXT) and that all the potential revenues from the clicks and dividends arent priced into the IPO price, I think the amounts of BTC coming in will be much more than any two coin communities can come up with.

James
member
Activity: 98
Merit: 10
Ok,james effect is amazing,you can run a company james..
legendary
Activity: 826
Merit: 1002
amarha
So if someone buys BTCD they can also get the 5% discount for the IPO?

Since BTCD is the center of the superNET I assume anyone interested in the superNET will be big BTCD holders as well.
(and NXT as talked about eailer)

As people start to move their BTC over to Poloniex I'm guessing a lot of that 1000 BTC plus is going to be flowing in to BTCD and NXT. BTCD for people interested in anonymity and NXT for asset trading.

jl777, do you intend to fully support BTCD with the superNET? Will BTCD be the first wallet to have superNET integration?
legendary
Activity: 1176
Merit: 1134

I truly appreciate your extensive reply!   Wink

sorry you felt snubbed. You have to understand I am totally flooded with PM's and had to setup a new team and coordinate with Poloniex, so I skipped the posts that took long time to answer.

If there are any other questions, please ask

James
legendary
Activity: 1176
Merit: 1134

Is busoni from Poloniex following this thread ?
We would like some update about how is he gonna manage this IPO.

EDIT : Oh right I just saw a post from him earlier in the thread.

The details are almost done, but I will let Poloniex announce the specifics as i dont know the exact date, etc.
Most of what I requested seems like it is possible, so to get a rough idea you can read it in the thread

James
legendary
Activity: 1176
Merit: 1134
@jl777

What you are doing is very impressive!
This may sound like a joke, but a coin to keep in mind is Ora.
It's not a coin so much as it is a collection of non-sockpuppet users right now. A lot of effort went into weeding the puppets.It only exists as stakes on the nxt ae. It was freely distributed in the first round, second round will be free too. It is no longer trying to be a clone of cora and is looking for a direction. It is unique because it is a blank slate with a large and positive stakeholder base. Not sure if this is useful in the superNet, but it is definitely unique.
Keep up the good work!
I have been in touch with the creator already. He seems very talented in organizing. I gave him some advices and I am thinking that down the road something could happen, but from what I understand there is not much tech yet, so the first step is to figure out the unique value that Ora can offer.

I am very happy there are so many coins that are not just the cut and paste and change some settings coins. These coins will certainly be important as they will be the clients of the SuperNET core services, but we cant be cluttering the core with clones.

So, just making a clone is not enough anymore. However, all you need is one unique feature that is appealing to many peoples. Then SuperNET will offer this to all its users and if your feature is really cool, it will get some regular users and your coin grows in popularity. There wont be the need to beg to get on exchanges, as the tradings are built in.

James
newbie
Activity: 51
Merit: 0
@jl777

What you are doing is very impressive!
This may sound like a joke, but a coin to keep in mind is Ora.
It's not a coin so much as it is a collection of non-sockpuppet users right now. A lot of effort went into weeding the puppets.It only exists as stakes on the nxt ae. It was freely distributed in the first round, second round will be free too. It is no longer trying to be a clone of cora and is looking for a direction. It is unique because it is a blank slate with a large and positive stakeholder base. Not sure if this is useful in the superNet, but it is definitely unique.
Keep up the good work!
legendary
Activity: 2142
Merit: 1131
 
Is busoni from Poloniex following this thread ?
We would like some update about how is he gonna manage this IPO.

EDIT : Oh right I just saw a post from him earlier in the thread.
legendary
Activity: 1176
Merit: 1134
Don't you think you are too busy now? As you are in so many projects.
yes and yes.
good thing people are volunteering to help me out. Now there are three fulltime people plus Poloniex will be dealing with all the ICO logistics. Outside of coding, I am just a "vision" guy. I dont actually do anything, just make the ideas and find the people who are liking the ideas and have the skills to do what is needed

James

P.S. I also watch 0 TV, which seems to give me a big advantage in time available
legendary
Activity: 1176
Merit: 1134
@jl777

Thanks for the last reply. Your ideas are quite impressive; Id love to subscribe to your newsletter. Wink It seems there isn't much that you can't come up with. Now if only you came up with a coin or an asset that maintained a non-fluctuating value. Something to peg these fluctuating cryptos to that wasn't part of the fiat world.

Wait, I feel a glitch in the Matrix. Have you already come up with something like this?

Oh, and picked up some BBR for the jl777 effect.  Cool
this + BTCD thread is my newsletter
I am a generalist, it helps to solve problems from many different areas

Actually there is a decentralized way to do what you are saying. I was going to do it next year
hero member
Activity: 882
Merit: 1000
@jl777

Thanks for the last reply. Your ideas are quite impressive; Id love to subscribe to your newsletter. Wink It seems there isn't much that you can't come up with. Now if only you came up with a coin or an asset that maintained a non-fluctuating value. Something to peg these fluctuating cryptos to that wasn't part of the fiat world.

Wait, I feel a glitch in the Matrix. Have you already come up with something like this?

Oh, and picked up some BBR for the jl777 effect.  Cool
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