[ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 296.

marechoux

full member

Activity: 180

Merit: 100

Quote from: Lannister on July 04, 2016, 07:00:19 AM

Sorry for the mystery about your deleted post. Not sure what the deleted comment was, but some posts are automatically trashed if they use certain forbidden words like 'i*nvest' in their body or signatures.
The reason is because with your donation you MUST signify that you DO NOT see your donation as a speculative i*nvestment of any kind and that you just altruistically support the development of a cleverly inventive, ingenious system with uncertain outcome. And in reference to what I just wrote, this is not an IPO either.

I cannot escrow any funds without an appropriate money transmitting license, but when the seller signs a message using the address he used for his donation where he confirms the sale and entitles a new owner in the form of a public key, then I can insure you to change the corresponding record in the genesis block irrevocably.

Thanks for your answer Lannister, and indeed I guess I have used a banned word as my post got deleted almost instantly.

Totally agree with your behavior about the donation, I saw in so many projects devs spending hours everyday just to answer feared inv*estors, and regardless if the project is good or not there are always troll and feared people.

Anyway if nobody ask me to transfert his ownership I will make a donation in the next fex days.

If I am correct, to have a wallet on blockchain.info with my password safe is enough to claim my XEL when they will be available?

Lannister

full member

Activity: 140

Merit: 500

I'm blocking all private messages. Use Bitmessage!

Sorry for the mystery about your deleted post. Not sure what the deleted comment was, but some posts are automatically trashed if they use certain forbidden words like 'i*nvest' in their body or signatures.
The reason is because with your donation you MUST signify that you DO NOT see your donation as a speculative i*nvestment of any kind and that you just altruistically support the development of a cleverly inventive, ingenious system with uncertain outcome. And in reference to what I just wrote, this is not an IPO either.

I cannot escrow any funds without an appropriate money transmitting license, but when the seller signs a message using the address he used for his donation where he confirms the sale and entitles a new owner in the form of a public key, then I can insure you to change the corresponding record in the genesis block irrevocably.

marechoux

full member

Activity: 180

Merit: 100

Quote from: marechoux on July 04, 2016, 06:23:10 AM

Quote from: mladen00 on July 04, 2016, 05:58:41 AM

Quote from: marechoux on July 04, 2016, 03:54:50 AM

WTB XEL at rate 8000 XEL / BTC, I am open for discussion about the price.

I accept only if lannister is doing escrow and can insure me that I will have the full ownership of XEL with no risk of stealing from the seller.

PM me if interested

but why on forum?
you can buy it on "ico" site

I have tempted to answer but my post has been deleted.

Should I know the reason?

Anyway that's strange, I will try to answer again without any deleting;

So I have seen in the thread that some people wished to sell their XEL ( for reasons that I don't know, maybe increased price of BTC / some bills to pay / etc ...), so I am offering to buy back their XEL but at a better rate than current IPO price.

On my side I get more XEL and on their side they can cash out.

I am just asking and if you are not intertested you can just don't pay attention to my offer, and if you are interested you just have to PM me.

marechoux

full member

Activity: 180

Merit: 100

Quote from: mladen00 on July 04, 2016, 05:58:41 AM

Quote from: marechoux on July 04, 2016, 03:54:50 AM

WTB XEL at rate 8000 XEL / BTC, I am open for discussion about the price.

I accept only if lannister is doing escrow and can insure me that I will have the full ownership of XEL with no risk of stealing from the seller.

PM me if interested

but why on forum?
you can buy it on "ico" site

I have tempted to answer but my post has been deleted.

Should I know the reason?

mladen00

legendary

Activity: 2124

Merit: 1013

K-ing®

Quote from: marechoux on July 04, 2016, 03:54:50 AM

WTB XEL at rate 8000 XEL / BTC, I am open for discussion about the price.

I accept only if lannister is doing escrow and can insure me that I will have the full ownership of XEL with no risk of stealing from the seller.

PM me if interested

but why on forum?
you can buy it on "ico" site

wgd

legendary

Activity: 1815

Merit: 1005

whether you are a beginning phase distribution were ico % bonus?

marechoux

full member

Activity: 180

Merit: 100

WTB XEL at rate 8000 XEL / BTC, I am open for discussion about the price.

I accept only if lannister is doing escrow and can insure me that I will have the full ownership of XEL with no risk of stealing from the seller.

PM me if interested

Bgjjj2016

sr. member

Activity: 448

Merit: 250

Ben2016

Quote from: Evil-Knievel on July 01, 2016, 02:16:51 AM

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

hi EK, July 30th seems to be a very important day ( SDK & Testnet) , are we still on schedule ? Thanks

akhavr

full member

Activity: 235

Merit: 100

Quote from: nihilnegativum on July 03, 2016, 03:40:30 PM

how this correlates to general usefulness in general is debatable

I doubt there exists any instrumental non-subjective way to measure general usefulness. Especially in case of small irrational markets.

Quote from: nihilnegativum on July 03, 2016, 03:40:30 PM

My concerns are all just about the effective unity of the system, weather it will behave efficiently as a supercomputer or just a mining rental auction platform, the difference is just in the mode of the relation between the whole and its parts, and seems insignificant to most, but I think it is a choice with long term implications.

Can you expand your thought? I can't to follow you.

Say, I'm doing a (real world engineering) project for creating a cheap ethanon fuel cell. We have to run lots of quantum chemistry calculations. If I can rent flops on Elastic cheaper than, say, on Amazon - I can save funds or run more datapoints. If Elastic is more expensive than Amazon, I can spin off EC2 servers, sell their flops on Elastic with profit, and use this profit to run even more jobs.

What would be long term implications?

nihilnegativum

sr. member

Activity: 432

Merit: 251

––Δ͘҉̀░░

Quote from: akhavr on July 01, 2016, 02:52:57 PM

Quote from: nihilnegativum on June 30, 2016, 04:47:48 PM

The problem could be that Elastic-flops could be too expensive in comparison to its competitors. I'm not sure if its an actual issue,

If I'll be able to find cheap flops and sell them on Elastic with profit, I'll arbitrage immediately and take the profit. Thus, Elastic flops price will be top-bound by competitors' prices, not the other way around.

I think it depends on what conditions or state of the system we're talking about, in the early stages of low market allocative efficiency that are correlated with high speculation, arbitrage may not be sufficient to achieve a decrease of price, but would rather increase the volatility.

Quote from: akhavr on July 01, 2016, 02:52:57 PM

Quote

but mining can give really big profit percentages and miners, or rather people who hire them, are willing to pay a lot to get them at the right time... so at the time of hype of some coin, if we can judge by the mining rental sites, Elastic would be hired to mine, while all the other jobs would wait or pay a lot more.

As I've mentioned earlier, I can run ALOT of quantum chemistry jobs, but if cryptomining pays (to miners) better, that tells something about relative usefulness of both types of jobs. Am I wrong?

It doesn't tell you about usefulness of types in general, it tells you about the relative usefulness of types for profit, how this correlates to general usefulness in general is debatable, but the case of irrational, small markets (such as crypto markets) there is no significant correlation between them. My concerns are all just about the effective unity of the system, weather it will behave efficiently as a supercomputer or just a mining rental auction platform, the difference is just in the mode of the relation between the whole and its parts, and seems insignificant to most, but I think it is a choice with long term implications.

btcnoob85

full member

Activity: 182

Merit: 100

Quote from: statdude on July 03, 2016, 02:01:50 AM

What are the ico terms? what is the long term value of holding tokens vs BTC?

Dude. Max 5M coins will be issued after a defined scheme. Check http://www.elastic.pro/donations. It is donation and there is no right for a refund.

statdude

legendary

Activity: 1498

Merit: 1000

What are the ico terms? what is the long term value of holding tokens vs BTC?

canth

legendary

Activity: 1442

Merit: 1001

Quote from: canth on July 01, 2016, 07:33:45 AM

Quote from: Evil-Knievel on July 01, 2016, 02:16:51 AM

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

I've looked for 2 donations I made - don't see them either. I'll BitMessage Lannister with my TXIDs.

Bump. @Lannister - can you check BitMessage plz?
[edit] - Lannister messaged me on BM. Both txids are showing in the genesis block. Thanks Lannister!

Bgjjj2016

sr. member

Activity: 448

Merit: 250

Ben2016

Quote from: chiqianguai on July 02, 2016, 02:11:54 AM

Quote from: Evil-Knievel on July 01, 2016, 02:16:51 AM

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

Thank you for your help.
I checked genesis block. My transaction is well done. I just want know where to check my XEL tokens ? Or they are not issued yet ?

I think the tokens will be issued at the end of the fundraising.

chiqianguai

newbie

Activity: 3

Merit: 0

Quote from: Evil-Knievel on July 01, 2016, 02:16:51 AM

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

Thank you for your help.
I checked genesis block. My transaction is well done. I just want know where to check my XEL tokens ? Or they are not issued yet ?

akhavr

full member

Activity: 235

Merit: 100

Quote from: nihilnegativum on June 30, 2016, 04:47:48 PM

The problem could be that Elastic-flops could be too expensive in comparison to its competitors. I'm not sure if its an actual issue,

If I'll be able to find cheap flops and sell them on Elastic with profit, I'll arbitrage immediately and take the profit. Thus, Elastic flops price will be top-bound by competitors' prices, not the other way around.

Quote

but mining can give really big profit percentages and miners, or rather people who hire them, are willing to pay a lot to get them at the right time... so at the time of hype of some coin, if we can judge by the mining rental sites, Elastic would be hired to mine, while all the other jobs would wait or pay a lot more.

As I've mentioned earlier, I can run ALOT of quantum chemistry jobs, but if cryptomining pays (to miners) better, that tells something about relative usefulness of both types of jobs. Am I wrong?

Selsonblue

hero member

Activity: 661

Merit: 500

I see mine. Cheesy

Its been a long haul for elastic, but I am ready for the release!

I have faith! Shocked

canth

legendary

Activity: 1442

Merit: 1001

Quote from: Evil-Knievel on July 01, 2016, 02:16:51 AM

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

I've looked for 2 donations I made - don't see them either. I'll BitMessage Lannister with my TXIDs.

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

Quote from: chiqianguai on June 30, 2016, 11:31:34 PM

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Hi, I am sure all went fine.
If you take a look at the bottom of the genesis block here: https://github.com/elastic-project/genesis-block/blob/master/genesis-block.json

You see the two recent donations were added fine. One of them must be yours, check with the TXID.

chiqianguai

newbie

Activity: 3

Merit: 0

I donate some BTC, but haven't recieved any XEL. Should I keep waiting until ICO is finished ? Or something is wrong. I used blockchain.info to transfer BTC.

Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 296. (Read 450524 times)