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Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 36. (Read 736806 times)

legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Has James (or jl777) abandoned this project? Where are those deadlines?

 Embarrassed
legendary
Activity: 924
Merit: 1000
The release dates have been postponed several times. i guess, most investors were pissed off, too, and got rid off their stakes.
i still hold my stack, even when i make some losses, too :/

Any reason why my (luckily small) investment in Supernet&InstantDex is worth basicly a poo right now ? I didn't followed the development last time , but it pissed me off a bit ...

I'm holding mine, too. Call me a bagholder if you like, but the funny thing about bagholding is that it magically turns into a "successful long-term investment" if the project pays off. Wink

And that's the rub, really. To continue with my usual reasoning-by-analogy-to-mining-exploration pidgin, a veteran and highly-successful player in the field [at the ventcap level] more-or-less said that you don't have what it takes to win in the game if you can't tolerate high mark-to-market losses along the way. He explicitly said, you have to put up with a ~50% "paper loss" along the way: he implied that part of risk tolerance is volatility tolerance. I.e., you have to sink money in that you can afford to see vanish. That's the appropriate standard because locking your funds into a long-term speculation means those funds will 'vanish' in the sense that it would be a bad idea to sell until the ship comes in. Until then, they're 'gone' in the sense that you can't (shouldn't) liquidate.

Another rub: Breaking my analogy somewhat, the big hurdle that a crypto project has to face is not technical development - although it's a formidable one! But the biggest hurdle is generating revenue, which is different from building a great and innovative tech. Without the revenue coming in from real customers, building the tech is like writing a stellar book of poetry that has every poetry expert gawping at it but almost no-one buying it. That's the real risk herein, and it's a worry for the future. But not now.

And even then, the tech's still built: all it would require is capable marketing of the services.
tyz
legendary
Activity: 3360
Merit: 1533
The release dates have been postponed several times. i guess, most investors were pissed off, too, and got rid off their stakes.
i still hold my stack, even when i make some losses, too :/

Any reason why my (luckily small) investment in Supernet&InstantDex is worth basicly a poo right now ? I didn't followed the development last time , but it pissed me off a bit ...
legendary
Activity: 1284
Merit: 1042
Any reason why my (luckily small) investment in Supernet&InstantDex is worth basicly a poo right now ? I didn't followed the development last time , but it pissed me off a bit ...
hero member
Activity: 544
Merit: 500
Three cheers for anonymint!!

Let's contrast Dash and Evan with jl777. James is always working and coding trying to complete projects for the SuperNet. He is working now on making the SuperNet more accessible to users via browser GUIs. Do you see him prostituting himself in grand promotions of garbage? No. He is humble. I've grown to respect him more over time. Even I need to emulate him more, because he doesn't waste a lot of time in forum discussions. I can't vouch for the quality of his code or designs yet (and frankly his earlier white papers were so discombobulated that I thought he was not capable, but I have since learned his a very capable C coder) because I don't have yet sufficient exposure to detailed interoption with his code. But afaik at least he doesn't seem to be lying about what he is capable of doing and is doing. Evan presents a very amiable image up front, and he appears to be very crafty with his obfuscations such as the math lies in the InstantX white paper. An honest mistake? Just like the premine? And the change in the money supply ex post facto? So many honest mistakes?
newbie
Activity: 1
Merit: 0
Any Updates?  Thanks in advance!
legendary
Activity: 924
Merit: 1000
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

Market fickleness; it's that simple. We're in the arena of highly speculative assets: inevitably, emotion and faddishness predominate in assessing its (future) value. Really, this kind of fickleness is inevitable because no-one can predict the future. Add to that the fact that there's no revenue data at all, and you've got a "valuation vacuum" that's filled by hope and embitterment, hype and trash-talk.

The only hard data we have at this point is the coding that James and others have done; that's the pole-star that Supernet supporters like me are using [ or clinging to Wink ] But even then, there's many a slip 'tween the coding cup and the revenue lip. And some folks, after choosing to interpret a timeline as hard data [it never is, given Murphy's Law], get rattled when a project takes longer than originally thought. And again, emotion fills the valuation vacuum....

In a very real way, Supernet is a real-world case study of why "highly speculative assets" are such refractory beasts.

This is a very nice comprehension! I saved that for later, Thanks!

Hey, glad to! Like all writers, I easily suck up praise. Wink
full member
Activity: 462
Merit: 100
Viarium.io - DECENTRALIZED VR WORLD
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

The problem is SuperNet does nothing useful and probably never will.

Shapeshift makes SuperNet irrelevant right now.

Ethereum makes SuperNet irrelevant forever.

was supernet planning for ethereium style contracting?
legendary
Activity: 1181
Merit: 1018
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

Market fickleness; it's that simple. We're in the arena of highly speculative assets: inevitably, emotion and faddishness predominate in assessing its (future) value. Really, this kind of fickleness is inevitable because no-one can predict the future. Add to that the fact that there's no revenue data at all, and you've got a "valuation vacuum" that's filled by hope and embitterment, hype and trash-talk.

The only hard data we have at this point is the coding that James and others have done; that's the pole-star that Supernet supporters like me are using [ or clinging to Wink ] But even then, there's many a slip 'tween the coding cup and the revenue lip. And some folks, after choosing to interpret a timeline as hard data [it never is, given Murphy's Law], get rattled when a project takes longer than originally thought. And again, emotion fills the valuation vacuum....

In a very real way, Supernet is a real-world case study of why "highly speculative assets" are such refractory beasts.

This is a very nice comprehension! I saved that for later, Thanks!
tyz
legendary
Activity: 3360
Merit: 1533
Have you looked up the position on Coinmarketcap.com? i guess so. Sometimes, if not all prices of exchanges could be retrieved, then CMC is staggering a coin's or an asset's position extremely. i faced this problems different time especially with Qora or Mintcoin.

What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

The problem is SuperNet does nothing useful and probably never will.

Shapeshift makes SuperNet irrelevant right now.

Ethereum makes SuperNet irrelevant forever.
legendary
Activity: 924
Merit: 1000
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

Market fickleness; it's that simple. We're in the arena of highly speculative assets: inevitably, emotion and faddishness predominate in assessing its (future) value. Really, this kind of fickleness is inevitable because no-one can predict the future. Add to that the fact that there's no revenue data at all, and you've got a "valuation vacuum" that's filled by hope and embitterment, hype and trash-talk.

The only hard data we have at this point is the coding that James and others have done; that's the pole-star that Supernet supporters like me are using [ or clinging to Wink ] But even then, there's many a slip 'tween the coding cup and the revenue lip. And some folks, after choosing to interpret a timeline as hard data [it never is, given Murphy's Law], get rattled when a project takes longer than originally thought. And again, emotion fills the valuation vacuum....

In a very real way, Supernet is a real-world case study of why "highly speculative assets" are such refractory beasts.
legendary
Activity: 1540
Merit: 1000
legendary
Activity: 2971
Merit: 1271
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad

For me, it is place 39 at the moment
member
Activity: 106
Merit: 10
What wrong with SuperNet? It was top 50 at coinmarketcap but at the top 300 now Sad
hero member
Activity: 882
Merit: 1000
In case you need look up the def

douchebag ‎(plural douchebags) A sterile container which holds the fluid used for giving a vaginal douche. (US, slang, vulgar) A jerk or asshole; a mean or rude person; someone seen as being arrogant, snobby or obnoxious.
hero member
Activity: 882
Merit: 1000
Lol, thanks! For the honerable mention.

My first reaction was to call you a douchebag, or think of some clever way to work douchebag into sentence.

Something like, i'd make you a cereal image but i can't find any that rhyme with douchebag. But then i realized there was a douchebag cereal. So consider yourself on notice for a douchebag cereal meme mister icepick.

Oh, and you might want to watch your sugar level, it is most likely you are a little low hence your douchebag attitude. Or i guess your general douchebag attitude could be a thyroid problem? I don't know, might want to get your health checked out, being a real douchebag is probably a sympton of a much larger problem.


is supernest still taking over the world???

Not anymore.  Now it's just a reason to post kid's cereal boxes.
full member
Activity: 462
Merit: 100
Viarium.io - DECENTRALIZED VR WORLD
is supernest still taking over the world???

yes, but slowly. If you follow the SN slack for a while you quickly get a sense of the magnitude of what's being developed, and that's why it's quiet here (everybody is in slack), and why there are delays. SuperNET is probably one of only 5 alt coins that might be household names (like youtube, facebook, google etc) in 5 years time. That also explains the FUD from trolls like iCEBREAKER

never have heard of icebeaker
legendary
Activity: 938
Merit: 1000
Whats going on?   https://bitcointalksearch.org/topic/ann-opal-pos-secure-messaging-no-ico-bitsquareio-cryptopia-yobit-778720  OPAL is a core coin  and looks dead, Maybe could it be removed of the core coin or Could Supernet Team do a takeover of it on the worst of the cases........  

Edit: I got it,  The history looks repeated again:
https://bitcointalksearch.org/topic/m.13139833
sr. member
Activity: 304
Merit: 250
Thanks for reply; I saw the second graph some time ago, it's just too overcomplicated Sad. And just fyi - project without deadline is dead project. Is there also any time sheet for those projects? Threads for many of them seems dead (for xmpl - Jay).

Quite quiet here, so... let's say I'd like to buy some SuperNET assets. Why should I do that?
Various reasons. Supporting the idea, the project.
Or just for trading or the dividends. Right now it pays asset dividends once in a while. Future plans are it will pay regular dividends as soon as some of the SuperNET related projects (like Pangea Poker) start generating income. Which, admittedly, is taking a looong time now. Patience is a virtue.

Have a look at these charts: https://nxtforum.org/nxt-promotion/graphs-charts-and-infographics-by-audo/
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