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Author Topic: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks  (Read 26107 times)

satoshi

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Re: [LTCGear] Q&A Questions
« Reply #120 on: February 13, 2015, 01:18:45 pm »

Lo and behold, we have some great more details from Mr. Chris himself.

Live Q&A - 2/13/15 - https://litecointalk.org/index.php?topic=24666.0

TLDR - When will we get balances/paid? All balances will probably get cleaned in next days (around a week frame) - along with moving to yearly maintenance as described in opening post.

DOes anyone actually have a balance?  when can they be expected?

Everyone has a balance. Non-pending balances are balances cleared. Pending balances are balances not yet fully cleared. Once balance is cleaned, maintenance few and other relevant information are displayed.
All balances will probably get cleaned in next days (around a week frame) - along with moving to yearly maintenance as described in opening post.
What would be left will have to be individually cleared by exchanging information with balance owner.

How many account balances have been cleared and paid?

I actually do not have a statistic, and again, paid is wrong term, payment is sent to user balance, and anyway, I hope you do not mind, but internal info won't be made public.

What is the status of the database?
Have you finished cleaning the false information? If not, what percent have you finished so far?
Quote
No, not yet.

Will "fake" shares be deleted/removed? If so, when?
Quote
Last wave of cleaning balances.

Is there a target date for Gen 2 deployment yet?
Quote
Yes, its on track but I will detail in another announcement.

When will Dual MODs be re-added to accounts?
Quote
At this point the interface is minimal to avoid any possible attempt for a new successful attack. Anyway, the attacks did not happen via custom code.

Will multiplication occur again? If so, when?
Quote
Yes, that's one of the utilization of maintenance fee.

Will pictures or videos of the farm OR Gen2 be provided at any point?
Quote
Yes, they should have come after planned maintenance around end of year / new year.

Communication has been extremely lacking the past months, would you be willing to pick a community member such as TheMage to aggregate questions so we can keep communication open into the future? Or at least until the current payment/balance issues are fully resolved?
Quote
That probably would work.

Are cleared balances going to be a rolling process or are you going to clear every balance and then update balances for everyone at once?
Quote
Cleared in waves.

Once all the dust has settled will gen 2 or asics be for sale again? or will this just be an auction feature?
Quote
No plan for sales at this point.

When do you think the yearly maintenance will start and approximately how long will it take to finish.
Quote
This should have been added to OP post, from last year maintenance it is about a week.

Will qASIC shares be upgraded to gen2 as part of the maintenance process ?
Quote
Some, yes.

When people have balances that are *not* pending, and they submit a withdrawal for their non pending balance, how long until funds are released to the users wallet?
Quote
One day at max, but general hours.

Update regarding "current" pending status.
Quote
Pending means that remote database declined information on that balance. After last wave of cleaning, all balances should be visible but maybe locked for individual processing. Persisting 'pending' message after that point will probably mean an error occurred.
[/quote]
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nacer

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #121 on: February 19, 2015, 09:34:06 am »

Hi there,

Any news ?
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Mem-ber

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #122 on: February 19, 2015, 09:42:20 am »

Hi there,

Any news ?
Your question! At the moment, the asset market isn't very funny...
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satoshi

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #123 on: February 19, 2015, 04:12:04 pm »

After the Q&A session on litecointalk.org, today ltcgear.com was updated with following:
+++++++++++++++++
Hi,

A short server maintenance is scheduled for Feb 19. Server will placed in maintenance mode for several hours.

Kind Regards,
Chris

++++++++++++++++

Personally, I am still hopeful, and I am waiting to see some payouts from Chris, aside form that several nxtforum members have taken advantage of redemption offer for ltc2nxt3.
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cr7yp

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #124 on: March 03, 2015, 08:22:57 pm »

it is March now. Can you give information how you want to take back the remaining shares?
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satoshi

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #125 on: March 04, 2015, 02:52:22 am »

Please refer to this post for redemption procedure, 1000 ltc2nxt3 assets at a time (10 day period)

https://nxtforum.org/asset-exchange-general/ltc2nxt3-rises/msg158045/#msg158045
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martismartis

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #126 on: March 04, 2015, 06:22:59 am »

Please refer to this post for redemption procedure, 1000 ltc2nxt3 assets at a time (10 day period)

https://nxtforum.org/asset-exchange-general/ltc2nxt3-rises/msg158045/#msg158045

Isn't it too late? Your post also says "Further announcement will be made in March 2015 if no payments are received from ltcgear over the next 4 weeks."
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valarmg

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Re: options for ltc2nxt3 asset holders
« Reply #127 on: March 04, 2015, 11:26:52 am »

Please refer to this post for redemption procedure, 1000 ltc2nxt3 assets at a time (10 day period)

https://nxtforum.org/asset-exchange-general/ltc2nxt3-rises/msg158045/#msg158045

The cutoff for this redemption period is Jan 15, 2015.

Further announcement will be made in March 2015 if no payments are received from ltcgear over the next 4 weeks.
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martismartis

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #128 on: March 04, 2015, 11:39:42 am »

ltc2nXt3 :: Your NXT is protected

Asset ID: 7658325674657936242

Website: http://ltc2nxt3.ihash.biz

Description:
....................

For example in 4 weeks time, lets say ltc2nXt3 investors have received dividends of about 10 NXT and ltcgear disappears then ltc2nXt3 asset holders will be entitled to 15 NXT payment , as per my guarantee.
....................
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satoshi

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #129 on: March 04, 2015, 04:42:30 pm »

Asset holders are sending there assets for redemption and receiving SUPERNET and NXTVENTURE.

I will continue to redeem max 1000 ltc2nxt3 for assets holders every 10 days as long as I have corresponding Supernet and Nxtventure in my account.
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martismartis

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #130 on: March 04, 2015, 04:54:02 pm »

Asset holders are sending there assets for redemption and receiving SUPERNET and NXTVENTURE.

I will continue to redeem max 1000 ltc2nxt3 for assets holders every 10 days as long as I have corresponding Supernet and Nxtventure in my account.

So we can state, that there is no promised 100% guarantee?
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georgelincoln

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #131 on: March 04, 2015, 04:58:37 pm »

Asset holders are sending there assets for redemption and receiving SUPERNET and NXTVENTURE.

I will continue to redeem max 1000 ltc2nxt3 for assets holders every 10 days as long as I have corresponding Supernet and Nxtventure in my account.

So we can state, that there is no promised 100% guarantee?

Looks like it. There are no 'Suprises on the upside!!!' either apparently.
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Djinou94

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #132 on: March 11, 2015, 03:32:13 am »

Asset holders are sending there assets for redemption and receiving SUPERNET and NXTVENTURE.

I will continue to redeem max 1000 ltc2nxt3 for assets holders every 10 days as long as I have corresponding Supernet and Nxtventure in my account.

I have 350 ltc2nxt3
If i undestand i need to send them to this address right? NXT-5FJE-ZUVA-4YQM-B538L
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satoshi

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #133 on: March 11, 2015, 03:32:31 pm »

yes, please send them to NXT-5FJE-ZUVA-4YQM-B538L and drop me a pm.
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whatnxt

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #134 on: March 14, 2015, 07:51:51 am »

Thanks for the exchange Satoshi.
Worked like a charm:)

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Djinou94

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #135 on: March 15, 2015, 03:48:48 am »

I have been refund by Satoshi
I do not regret having invested to this asset
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satoshi

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there is still HOPE
« Reply #136 on: March 15, 2015, 03:32:52 pm »


Thank you everyone for your kind words and support.  I have used up almost all of SuperNet and NxtVenture assets for redemption purposes.

Believe it or not, I am still a believer.

I think chances of a ltcgear payment is more than 50%

If there is a payment from ltcgear, dividends will be distributed soon, if no payment is received, I will provide exit strategy for remaining ltc2nxt3 assets by Mid April.

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kyma

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #137 on: March 18, 2015, 02:53:18 am »

thanks for everything... now that ltcgear is looking (almost) back to normal I don't have any ltc2nXt3 left  X-)
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peterpanda

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #138 on: March 18, 2015, 12:45:15 pm »

thanks for everything... now that ltcgear is looking (almost) back to normal I don't have any ltc2nXt3 left  X-)
it is "under upgrade" again
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FRogers

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Re: ltc2nXt3 ::241000 NXT :: 4.82 NXT :: 19.28% returned in 2 weeks
« Reply #139 on: March 24, 2015, 05:24:45 pm »

Not serious.

ltc2nXt3   31/12/2014 02:14:54   65   15.99   1'039.35

Yesterday, I have sell them

ltc2nXt3   23/03/2015 19:23:30   65   7.1   461.5

I have lost 577,85 NXT.

I can wait one month, 2 month but after 3 months nothing new. Sorry !
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