I have to confess to being somewhat surprised at their willingness to post the details of the Escrow minimum market-price conditions. I had assumed they would choose not to on the basis that it would pre-load the markets expectations, making it potentially more difficult to maintain a set floor price through supportive trading.
But, then, openness and transparency does appears to be the hallmark of how superNET intends to operate, which can only be a good thing.
Topic: [ANN][BITS][Bitstar] Now on Cryptopia, Nova and Yobit new wallet fork in testing - page 80. (Read 438037 times)
October 14, 2014, 03:18:15 AM
October 14, 2014, 03:08:13 AM
From SuperNET Newsletter #3: http://nxter.org/supernet-newsletter-3/
The escrow release price point of 12k sat is interesting.
(bit too low? 
)
Quote
ATM support and Bitstarcoin
Whale has negotiated a deal with BITS (Bitstarcoin), who will be deploying ATMs in Cyprus and will become a core component of SuperNET. The deal is for 1 million BITS in return for 15 BTC (10 BTC + 5 BTC worth of NXT). A further 1 million BITS will be placed in escrow. 60 percent of these will be released to SuperNET if the price stays over 12,000 satoshis for a week. If BITS does not purchase ATMs, 40 percent of the escrow will also belong to SuperNET; if they do deploy them then the 40 percent will be returned to BITS. This should provide a mutually-beneficial arrangement between SuperNET and BITS, protecting and rewarding each. There are currently 16 million BITS, so this deal reaches the 10 percent goal for SuperNET ownership.
Whale has negotiated a deal with BITS (Bitstarcoin), who will be deploying ATMs in Cyprus and will become a core component of SuperNET. The deal is for 1 million BITS in return for 15 BTC (10 BTC + 5 BTC worth of NXT). A further 1 million BITS will be placed in escrow. 60 percent of these will be released to SuperNET if the price stays over 12,000 satoshis for a week. If BITS does not purchase ATMs, 40 percent of the escrow will also belong to SuperNET; if they do deploy them then the 40 percent will be returned to BITS. This should provide a mutually-beneficial arrangement between SuperNET and BITS, protecting and rewarding each. There are currently 16 million BITS, so this deal reaches the 10 percent goal for SuperNET ownership.
The escrow release price point of 12k sat is interesting.
(bit too low? ) October 14, 2014, 02:31:30 AM
This is awesome! Great work. I know I'm in the top 50 at least 
Man I wish I had over two million like, #1!
Man I wish I had over two million like, #1!As the latest superNET newsletter shows, the top address in the rich list is going to be the Escrow address which holds James' one million BITS straight purchase and the other million temporarily on a conditional 60/40 arrangement.
October 14, 2014, 12:20:29 AM
Price is growing!! 
October 13, 2014, 10:40:55 PM
Just updated the official bootstrap
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
i followed these instructions. I opened my wallet 20 minutes ago and it's still at the orange Bitstar wallet loading screen. It says it is importing the bootstrap blockchain data file. how long does should this take?
October 13, 2014, 10:26:37 PM
Just updated the official bootstrap
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
i followed these instructions. I opened my wallet 20 minutes ago and it's still at the orange Bitstar wallet loading screen. It says it is importing the bootstrap blockchain data file. how long does should this take?
October 13, 2014, 09:22:14 PM
Got 3 of your bits thanks to the giveaway on crypto-trade. Thanks, I hope your currency does very well. Cheers!
October 13, 2014, 06:03:37 PM
Whatever, wallet finally loaded, but its downloading blocks... so what the hell did I download with the 230 mb bootstrap file? isnt that the entire blockchain updated? why is it downloading from 0 again? I dont get this, and my balance is still 0.00
Bootstrap is to help you synch faster (local file vs remote peer). Your balance should appear when you complete the update.
If your balance is still off after updating, Go to Help>Debug Window. In the console type repairwallet
October 13, 2014, 05:59:40 PM
Wow, this is gonna take fucking forever.
October 13, 2014, 05:08:54 PM
Whatever, wallet finally loaded, but its downloading blocks... so what the hell did I download with the 230 mb bootstrap file? isnt that the entire blockchain updated? why is it downloading from 0 again? I dont get this, and my balance is still 0.00
October 13, 2014, 05:00:51 PM
Just updated the official bootstrap
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
I just did, and it's taking forever to load, the splash logo its just a white square.
October 13, 2014, 04:55:47 PM
Just updated the official bootstrap
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
is this somewhere in OP or on website?
October 13, 2014, 03:32:17 PM
Just updated the official bootstrap
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
Download http://www.bitstarcoin.com/bootstrap.dat
Backup your wallet
Delete everything apart from wallet.dat, and config (if you have one) from your %appdata%/bitstar
copy bootstrap.dat into %appdata%/bitstar
restart wallet
Edit: Very important ... Make sure your on the current wallet
October 13, 2014, 03:29:31 PM
Welcome to the new thread, we had to close the last one due to a group of people (look at there post history, they join threads and only attack) doing nothing but spamming the thread with FUD and lies, as there is no real moderation from the board the only way to combat this is by having a self moderated thread.
Now to save going back to the thread the lastest news is we have created a in wallet FIAT/bits p2p exchange, it is currently in beta mode and would be greatful if you could all help with the testing.
https://mega.co.nz/#!ENky2SqZ!6CN9KNlQs1Up115auBiVEd4UzSxlzaH3peHTaHJtuwM
The next stage will build upon this with a ecommerce platform, which if the seller wants to can automatically sell the bits from a sale to fiat. We also plan to make it so they get a free website version of there shop to attract more general public and new users from outside of the current crypto market.
Now to save going back to the thread the lastest news is we have created a in wallet FIAT/bits p2p exchange, it is currently in beta mode and would be greatful if you could all help with the testing.
https://mega.co.nz/#!ENky2SqZ!6CN9KNlQs1Up115auBiVEd4UzSxlzaH3peHTaHJtuwM
The next stage will build upon this with a ecommerce platform, which if the seller wants to can automatically sell the bits from a sale to fiat. We also plan to make it so they get a free website version of there shop to attract more general public and new users from outside of the current crypto market.
Someone please confirm downloading this wallet from above link and replacing the wallet.dat with my own from the older version will work fine and nothing else should be done.
October 13, 2014, 03:26:39 PM
I've had a similar problem where the wallet wouldn't sync and it's stuck at like half the way to go. Nothing works, I have it encrypted and opened, I reopened it, I got fed up and deleted the blockchain (blk0001.dat and blkindex.dat). It has downloaded again about half the blockchain and is stuck at 44%. My balance says 0.000 now. Fuck my life. The firewall and whatnot is not blocking incoming connections, i have 12+ active ones.
October 13, 2014, 03:22:38 PM
Richlist - Very nice / live updating 
October 13, 2014, 03:12:22 PM
By popular demand we have added a live richlist in the wallet
Currently it shows the top 25 LIVE updating, later we'll add pagination, so you can scroll back further too.
Nice work tim14
Currently it shows the top 25 LIVE updating, later we'll add pagination, so you can scroll back further too.
BITSTAR-Giveaway
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
Nice work tim14
This is awesome! Great work. I know I'm in the top 50 at least
Man I wish I had over two million like, #1! October 13, 2014, 03:11:28 PM
Hi, my wallet wouldn't sync. It's stuck at block 191430, green bar hasnt moved for an hour, I have 22 active connections, my balance all went from "balance" to "stake for some reason".. anyway so it wouldnt sync. What can i do? i have restarted the wallet 3 times and it doesnt move. Im considering removing everything but the wallet.dat file and try again...
You should encrypt your wallet, close it, reopen, leave it until it is synchronized and then unlock to start staking. October 13, 2014, 02:38:22 PM
By popular demand we have added a live richlist in the wallet
Currently it shows the top 25 LIVE updating, later we'll add pagination, so you can scroll back further too.
Nice work tim14
Currently it shows the top 25 LIVE updating, later we'll add pagination, so you can scroll back further too.
BITSTAR-Giveaway
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
Nice work tim14
October 13, 2014, 02:10:20 PM
BITSTAR-Giveaway
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
https://www.crypto-trade.com/giveaways
*NOTE - For claiming free coins you need to be logged in to your Crypto-Trade account and have a trade history of at least 3 trades
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