Topic: [ANN][NIM] - Nimiq - The Browser Based Blockchain - page 18. (Read 131306 times)

Greetings. And what is the main purpose of the platform? Curious to know more about it

You are living in a cave, dear miner.

Nimiq was both premined 5% and on top of that, they scammed the ICO investors for ~ 12 million dollars summing another 5%. Nimiq is NOT a shitcoin. It is a SCAM
WebDollar is a shitcoin and I don't understand why you promote it over and over again here on this topic. WEBD premined 9.9% of the coins. The only project I believed and I hoped by investing a significant amount of money was NIMIQ. I really believed into Robin Linus's original vision into developing a worldwide cryptocurrency, but it turned out after 2 years, that I have lost 99% of my funds hodling this waste of garbage called nimiq.

Funny to see you trying to avoid mention the name of another project all the time


https://i.ibb.co/Xpwdy0L/WebD.jpg

I don't give a shit about other shitcoins. I don't trust them and I have lost all my faith in this nimiq project that turned out to be a scam, but nicely done.


I know that, but I have given you proof that the company is willing to change its name to Agora Bank. Most probably, to scam other ico investors too with the pursuit of the Agora ICO.

Well, I do own some NIM, so I do have an agenda. You claimed you do as well. (everyone knows you don't)

This is an invitation to a general assembly to discuss the possibility to change the name.

But your agenda is crystal clear. Here is PROOF about your motivation @nimiqshitcoin - https://i.ibb.co/Xpwdy0L/WebD.jpg

Screen from March 9  

P.S. Do not drink when work

You must really have your own agenda shilling this project. I have posted before the decision in German in which the WEG Bank decided to switch its name to Agora Bank... Still it is a board decision to rename the bank name for the third time to a new name.

PROOF
https://pbs.twimg.com/media/D2Q1doDUkAE9ezI.jpg:large

Most probably, the deal with Agora Trade went off, as there is little progress with the Agora Trade ICO and they abandoned the idea with the Agora Bank

Also, thank you very much for the nice leak. We now know that Nimiq "vested" their ICO funds exactly 2 million euro for a vaporware idea.

No, You are obviously wrong and this is because your math doesn't even add up (and again, everyone can verify): As TokenPays share of 9.9% was dilluted to 7.5%, this means that the total amount of shares was increased by about 25% (= 1-7.5/9.9), but Nimiq only bough 9.9%. Thus the action that diluted the shares was not Nimiqs investment. You also claim that WEG Bank inflated its shares which is not true either. WEG Bank increased their equity from 6.5M EUR to 8.58M EUR on Dec 21, 2018. The decision to do so (according to record in german company register) happened on their general assembly on Nov 13, 2018. As far as we know from Nimiq, they first met WEG Bank CEO during their hackathon end of November, thus the increase in equity was planned before Nimiq and WEG Bank CEO met first. Also I doubt that Nimiq was owning the shares early January as they didn't mention anything related during their AmA when they gave details on their assets. In the blog post on Jan 24 they also did not mention the shares, but wrote that "Nimiq holds approximately $9.1 million in total assets from original ETH contributions (diversified and held in crypto, fiat, and the campus property)", which implies they didn't own any company shares at that point (or these shares were on top of the $9.1M, which is unlikely IMO). My best guess is that they developed Nimiq OASIS and only acquired the shares afterwards, maybe even as a compensation for developing the OASIS protocol (they never wrote they bought, they only wrote acquired).

Long story short: You are trying to connect two things that are completely unrelated. The WEG Bank increased their equity to serve more customers on Nov 12, 2018, diluting the shares of TokenPay. Nimiq bought shares of WEG Bank at some point after Jan 24, 2019.

You have a record of provably invalid claims and lies using your multiple fake accounts. You never contributed anything of value to this thread.

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You fault to assume something just because of rumors... Neither Nimiq nor WEG Bank ever announced such name change, so it really is off-topic here as well.

Maybe Matthias acknowledges the failure and stopped renaming his paper bank to Agora Bank. What is funny, is that this would be the third time renaming the paper bank in the last 3 years. I mean IMHO, this is how a scam bank looks like. No customers, no products, no services, but renaming its bank third time.


Not even the P&D people are buying this coin. Do you know who are the only people buying this shitcoin? The nimiq foundation itself. It is buying its own tokens from the exchanges to manipulate the price and keep the price afloat. I am just curious of how many funds do they still have. I bet they have less than 3 million dollar right now.

The only thing so we can get a movement for the price is, pump and dump group. But, its likely impossible due to the people telling scam and scam everywhere.

WEG bank still? I thought it's Agora bank soon.

Also looks like agora trade was canned. Now it's just https://tradetelegraph.com.

Trinkler is just a stupid shitcoiner

Proofs that weg bank is a SCAM as nimiq as well.

https://i.imgur.com/BBgj8ig.png

https://i.imgur.com/h7IRGwg.png

Interesting.

"WEG Bank was founded in 2015 and is the second bank started b CEO Matthias von Hauff. It focuses on the real estate renovation and modernization projects market. According to the press release, the baank plans to create a new division which will not disrupt the current one"

TokenPay is a total scam.
WEG Bank the paper bank is a scam
Nimiq is a scam as well.

http://tokenpayexposed.com/

Seems like you haven't been following Nimiq project at all.


So what is going to happen with the unactivated NIM?

NIM that has not been activated will remain untouched for an amount of time to ensure that possible disputes of NET holders can be resolved. The amount of time is yet to be decided by the legal counsel. In any case, remaining NIM would exclusively be committed to supporting the Nimiq project and when it comes to such decision it will transparently be shared with the community. The Nimiq Foundation is bound by its purpose to use funds to support the Nimiq protocol development, Nimiq Ecosystem, and its community. For special inquiries re NET (only!) contact: netinquiry @ nimiq.com.

Details https://medium.com/nimiq-network/and-then-there-was-only-nim-962f43a53aad

Not only that the transparency reports fails to show any proof that they have the funds they claim. We should be able to somehow track and confirm the claimed remaining funds. Either post BTC and ETH addresses of their wallets or to pay a third party company which can conduct a propert audit and sign the audit. I, personally don't have any trust in their so called "Transparency reports".

They pushed the killswitch to suspend the trading activities of the NET ERC20 token. When, nimiq foundation will get bankrupt (so far they burned over 8 million dollar from their initial 12 million dollar ICO), they will most likely write a medium post saying: "we are sorry, nobody is buying the nimiq coin. So, we have to press the killswitch suspending the nimiq network as we became bankrupt". Remember, they stated that the burning rate of the nimiq was over 250,000 A MONTH. After some time, they mentioned the cut off some of their burning rate, but most probably the burning rate increased as well, as they hired a bunch (over 5 ) new people.


Simple answer. Cuz nimiq is a scam as well. They do everything to be in control manipulating the price buying coins from the market. Listing themselves on big exchanges, means that they will have to manipulate the price on other exchanges as well, increasing their burning rate dramatically as they would have to deploy trading bots and  buy more coins from more exchanges as well. If miners will sell all their coins now, they will become bankrupt in a day.

Why nimiq go to scam? Tell me please
I checked at coinmarketcap nimiq rank is 459
Hope team make some announcement to move price go up again.

https://twitter.com/ProofofResearch/status/1129650849423286272

• Based on that thread Nimiq seems to have paid $500k (~5% of funds?) to HITBTC, a known unusable and scammy exchange by everyone that ever used crypto.
• They purchased part of a bank for an undisclosed amount.
• Acquired property in Costa Rica for $1million which seems illiquid and not a wise investment considering you believe (do you?) in the future of money

My questions are:

When can we expect the next "transparency" report?

What happened to the unclaimed erc20 tokens fund?

Why is Nimiq investing in a bank?

Why does Nimiq still employs an inexperienced community manager as the "face"? he failed in the 1.5 years he's been in charge, there are about 40 active people in the Nimiq community, most of them can't wait to make their money back to get out (thus why they are waiting impatiently for "Binance", as if this was a solution), the other 20 are not developing much, the few that do are doing it because they are "paid by the community fund" a few thousand.

You are totally wrong. If no new shares (new equity) was created when nimiq acquired 9.9% stack in the scammy WEG Bank then, why did the token pay share was DILUTED to 7.5%?? Your answer doesn't make any kind of sense. Simple, because nimiq acquired 9.9% of the company and WEG bank just inflated its own shares diluting all existing stakeholders allowing nimiq to acquire these new shares from the bank itself.

No that's just not how it works. When you buy stocks of a bank you are investing into the bank and get shares, but you are not increasing the equity. The money goes to the previous owner of the shares, not the banks equity. This was actually explained by Matthias himself in another tweet: https://twitter.com/MatthiasHauff/status/1119308337525424128

In most countries it is required for a bank to fulfill a certain equity ratio. Thus, banks need to increase equity to serve more customers. This is completely unrelated to investments....

The logic is simple. The scammer Matthias von Hauff stated that in Q4 2018, TokenPay (another proved scam) went from 9.9% shares down to 7.5% after "somebody" invested 2 million euro. If nimiq was a different investor than "somebody" token pay would have been diluted again to a smaller percentage (5%). Which, in fact it didn't happen. Recently, TokenPay made an investment again to increase their dilution from 7.5% back to 9.9%.

The tweet doesn't mention Nimiq at all, so again you are only speculating that the increase in equity is anyhow related to Nimiqs investment. Rather unlikely, as an increase in capital is usually due to operational needs of WEG Bank. Your claim that they have 0 customers can easily proven invalid as its public knowledge that Lisk project has a bank account with WEG Bank.

Let's just wait for the next transparency report to get the details of the deal from Nimiq directly instead of relying on your obviously invalid claims.