Daniel Harrison Daily Activity Log:
8am - Wake up and read telegram channels and bitcointalk
8:30am - post on one of 37 different alias pretending to be project supporter
9:00am - stimulants and coffee
10:am - post one one of 37 alias again
10:30am - contemplates bringing something of value to project
12:00pm - never brought anything of value so does more stimulants
2:00pm - creates another fake deadline for project
3:00pm - makes a YouTube video
4:00pm - figures out how to get back into Singapore without being arrested
6:00pm - stimulants
9:00pm - calls someone a dumb cunt
10:30pm - writes an article using only abstract verbs/adjectives that has no substance
11:00pm - realizes he accomplished nothing again, contemplates impending lawsuit
11:30pm - stimulants until 4am
Hahaha, I got such a huge laugh out of that. Even my 9 year old read the whole thing.
2 merit points for creativity.
But seriously, CUCK, you’re gonna see me driving a Monkey Lambo soon.
xoxo,
Dan’s sock puppet #7.
[That’s a good number].
From 7/7/19, the day COE was sold. Here they are - the actual transcripts of the COE introduction! Decide for yourself now if anyone was pushed into this and not properly warned:
DANIEL: “Since you ask ... You can buy coeval off waves \/ these are discounted tokens (put in coeval\/btc) and then sell the coeval for MNY on the day. Don't tell anyone I told you this but this gets you 5x the number of tokens (look at the description of the coeval token and you'll see what I mean) "I actually did NOT mean to put this in the general chat room! LOL. Oh well we may as well leave it here now. But we don't bring it up again. “
INVESTOR: ”So if bitcoin is set to go 15x in the next 3 years as per the article you linked, why shouldn't I just hold my btc? Do you see the monkey token appreciating much more than 15x in value over the same timeframe?
DANIEL: "It's a great question and I think there is a great argument for holding. MNY will likely go higher in that period IF WE GET IT ALL RIGHT but with BTC you don't have that IF. So while I suggest that MNY is worth the risk (or I wouldn't be doing it in the first place), frankly it will a) increase so much you don't need to invest much and b) you shouldn't diversify away from BTC like that in that quantity anyway in my view. Just fractionally.",
INVESTOR 2: What is COEVAL?
DANIEL: OK I may as well explain what COEVAL is as there are a ton of questions about this. First of all, COEVAL are not sold by us; they are more like options that belong to various people in the project (I say they are LIKE that. They actually belong to some people in the project and some other people who when we made them we let have 5 COEVAL here and there just to see how this whole thing played out. Like I say, we are innovating with this market; we are doing things no one has done in crowdfunding EVER BEFORE. Now THAT is something I am proud of, yes.) They let the holder convert at a discount. There's 100,000 COEVAL in total, which means there is 1 COEVAL for every 1000 MNY, plus the 80% discount (which is to say 5-for-1). Therefore, 1 COEVAL has a price of 5000 MNY. Now, if the COEVAL you buy is 0.2 BTC, that means you paid about $500 or so for it. So, that would mean that we'd have to raise $10m for the COEVAL to have real value. Like I say, in effect this is a call option. I haven't encouraged people to go out buying up COEVAL for 2 reasons: there is mathematically complex issues in the price calculation of COEVAL-MNY and also it belongs to individuals, but if individuals who hold COEVAL wish to trade COEVAL that's their choice. For disclosure purposes, I own approximately 5,000 COEVAL but I will not sell any of the COEVAL I personally own for a minimum of 3 years as per the agreement in the WP regarding Management sale of MNY etc. COEVAL are tradable at the 80% discount on any ICO carried out by Monkey Capital now or in the future too.
I hope that answers all the questions I have had flood my inbox on the functionality of COEVAL. As to what price COEVAL are worth buying at, hmmm ... I am not gonna answer that. If 0.2 BTC \/ COEVAL is $10m raised, then that just means you gotta guess how much we are gonna raise and buy below the price we are gonna raise at. Why did we create COEVAL? OK here is why: I love mathematical complexity and wanted to make the whole crowdfunding process a bit more fun and it's also part of the whole evolution of the product process we figured that could catch on. If you think about it, just as options price in the likelihood that a particular event will or will not happen, so do COEVAL price in confidence in the raise. It's probably one of the cooler innovations we came up with in that sense and I should probably be making an even bigger fuss about it. But as the ICO process began to get underway, I thought it was just one thing too many to discuss. Well, I mentioned it by accident in Slack last night (I thought it was a private chat I was on) and now I have had a zillion private questions about it, so ... reap what you sew I guess. That's how COEVAL work anyway.,
INVESTOR 3: When will COE be green ticked by Waves as an official asset?
DANIEL: I have not discussed it with the guys with respect to COEVAL and very much doubt I will bother as I am not sure I necessarily think it's a good idea to have them Green Ticked. Are you a gambler? Can you price events for killer profits? If yes and yes, try it. If no: steer clear of these kittens!
INVESTOR 2: How do we know what price is a good price for COE?
DANIEL: It's fucking hard to price. A bit like buying BTC in 2011. It's a risk. Worth it? Well, funnily enough, I think long term these COEVAL could be crazy crazy. But. Who knows. I would not suggest trading them. I would actually suggest doing what I am going to do and hang on to them. Hang on to tiiiiny bits maybe if you are tempted to buy them I guess.
INVESTOR 4: COEVAL is $4 - so should I buy it here?
DANIEL: … right NOW IF you can find COEVAL for sale at where it's been trading I guess it's very a good bet. But I don't know how long that statement holds true for.