Topic: BTCD is no more - page 288. (Read 1328503 times)

no other faucets? 

You lose your time by answering every time the same question... you should answer "RTFT" (read this fucking thread)

Time off???  How dare you, how very dare you!!!

If you are waiting on BTCD withdraw from MGW, it is currently stuck, safe, but stuck. I took the weekend off from work, sorry for the delay

James

you will get an asset backed by the crypto that was used to fund the IPO. So with the bonuses I am estimating around 110% of book value is what you will pay, maybe a bit more if everybody is buying on the first days.

Then what you get for this premium is the shared revenues from the user fees generated from within the SuperNET. Teleport fees, InstantDEX fees, anon card fees, Tradebots profit sharing, Privatebet cut, plus there will be paid ads for coins so it will be like google adwords to directly reach 100,000+ crypto users.

I probably should have set the price at twice book value, but 1% is all that will be needed to pay for the all volunteer SuperNET. So there is no big overhead to drain away reasources. I will run the operating side at 90% profit margin as 10% will be plenty at the scale of SuperNET

I hope to UNITE all of crypto and make BTC worth as much as Yum Brands

James

is there a summary somewhere outlining all the details of the ipo? if not available yet, can someone explain to me what i would get in return for investing?

They have just called me from the transfers department saying that it's ok not to give them a utility bill for verification and just tell him my street address.
I said no, I am not giving you my address and from tomorrow I won't be your customer and hanged up the phone.
I hope they call me again later and tell me they would accept the PO Box

James i have to say you are a crazy and brilliant guy,thank you to lead us!

Thank you!
Money trumps ideology
Certainly within 10 days, possibly next week, but it is up to Poloniex, they want to make it all fancy

I tried to make as risk free of a crypto investment as possible that was uncapped but doesnt dilute the value of the investment and creates an instant network effect. Before this weekend I would have said was unlikely such a thing can exist. It is the financial equivalent of Teleport.

James

I have no idea, Banks are clamping down more and more.

On friday I returned home happy because I have sent a bank transfer to buy BTC and convert to BTCD.
Today I received a phone call from my bank saying that I have not provided a physical address, but only my PO Box.
They asked me to go to the bank with one utility bill and my physical address.
I refused to give them my details and asked them to cancel the transfer.

Do I have any other options to purchase btcd ?

Even though I disagree with you I'll invest something in this because I'm sure it'll pump hi towards the sky, do you have any idea when the IPO will begin?

it will last 2 to 4 weeks

freakin sux i need more money. ipo too quick!

thanks!

https://bitcointalksearch.org/topic/ann-supernet-nxt-asset-12071612744977229797-supernet-kmd-assetchain-in-summer-762346
Poloniex is hosting it, details next week

could start next week
the duration is 2 to 4 weeks

Guys, where can I find the supernet IPO?

The IPO is still 2 - 4 weeks off, correct?

I have lost count how many coin devs have already approached me. My estimate of 100000 users could easily end up being a severe underestimate. I just have no idea how big it will be and the more money is raised, the more power it gets, so it is like some crazy feedback loop.

The more money is raised the more each share is worth. this is a unique financial instrument. All other uncapped IPO's dilute the value of each share the more is raised, but since 99% of what is raised will be in "hard" assets like BTC and advantaged investments, it reminds me of a tightly coiled spring. As soon as it starts trading, it cant help but go up, since clearly there will be some revenues generated by SuperNET. With all the various services all being made available to the SuperNET, it is potentially some very large revenues. How much in trade commissions per person average? How much in anon card fees? How much in Privatebet gambling fees? What about the Tradebot store?

So, there is all these services just from my assets, what about all the other coins? Then there is the ad revenues, sort of a google adwords built into SuperNET. This way even coins not worthy for the CORE can pay for the customer traffic based on what it is worth.

I am literally giving away thousands of BTC of marketcap as the SuperNET IPO is selling at 110% of book value (I am averaging the bonus amount). If I was some fancy banker to squeeze every last dollar out of the investors, I could probably make some nice fancy charts and spreadsheets and get 3x or 4x book value. But I want as many people as possible to make lots of money so they can be free of the fiat world. I already gave away nearly $1 million USD worth of assets and investors gained over 70 million NXT and I think in BTCD land we are looking at around $5 million USD of profits that I had a part in.

So when SuperNET IPO is making millions of USD more, then there will be that many more people who can afford to help with crypto. This is my long term plan, to do the brain drain from fiat into crypto. The smart people will figure out SuperNET IPO is good, they make money, then they are watching it go up and now they are wanting to help it grow more.

I had a very nice weekend off

James