elective-stereophonic
elective-stereophonic
SuperNET TOKEN from BTER
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Pages: 1 ... 42 43 [44] 45 46 ... 80

Author Topic: SuperNET TOKEN from BTER  (Read 177801 times)

zuqka

  • Sr. Member
  • ****
  • Karma: +32/-4
  • Offline Offline
  • Posts: 328
    • View Profile
    • nxt.zuqka.info
Re: SuperNET TOKEN from BTER
« Reply #860 on: September 11, 2014, 01:06:58 pm »

Did I got it right? As Nxt price rises the token price declines?
I got mine through AE for 127 now I see james offering it for 125!

The price depend of the BTC/NXT price :

BTC/NXT up --> NXT/TOKEN down
BTC/NXT down --> NXT/TOKEN up

I dont know whats the math behind it but I doesn't make me a happy investor :-\
127k nxt from three days ago shrank to 124.5k today and if Nxt keeps rising (hopefully) I have a chance of even losing more!

Oh happy days
Logged
NXT-2V7G-C8BY-KTYY-CAHNU. Sponsoring 4 Full Nxt Nodes & demo.ardorplatform.org

MrV777

  • Hero Member
  • *****
  • Karma: +115/-4
  • Offline Offline
  • Posts: 988
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #861 on: September 11, 2014, 01:08:54 pm »

I dont know whats the math behind it but I doesn't make me a happy investor :-\
127k nxt from three days ago shrank to 124.5k today and if Nxt keeps rising (hopefully) I have a chance of even losing more!

Oh happy days

This was one of the conversations at the beginning of SuperNET.  If NXT's value rises more than the bonus we are getting, than the best day to invest would be the last day...
It's somewhat of a gamble and just depending on what you think NXT will do over the next few weeks.
Logged
NXT: NXT-BK2J-ZMY4-93UY-8EM9V
NXT nodes: 209.222.98.250, 216.155.128.10

zuqka

  • Sr. Member
  • ****
  • Karma: +32/-4
  • Offline Offline
  • Posts: 328
    • View Profile
    • nxt.zuqka.info
Re: SuperNET TOKEN from BTER
« Reply #862 on: September 11, 2014, 01:24:53 pm »

I dont know whats the math behind it but I doesn't make me a happy investor :-\
127k nxt from three days ago shrank to 124.5k today and if Nxt keeps rising (hopefully) I have a chance of even losing more!

Oh happy days

This was one of the conversations at the beginning of SuperNET.  If NXT's value rises more than the bonus we are getting, than the best day to invest would be the last day...
It's somewhat of a gamble and just depending on what you think NXT will do over the next few weeks.

Yes though would understand it if I would have bought it with BTC or Bitcoindark in bter but this was with Nxt through AE so where did it lose value?
Logged
NXT-2V7G-C8BY-KTYY-CAHNU. Sponsoring 4 Full Nxt Nodes & demo.ardorplatform.org

MrV777

  • Hero Member
  • *****
  • Karma: +115/-4
  • Offline Offline
  • Posts: 988
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #863 on: September 11, 2014, 01:28:13 pm »

jl777 has it priced in BTC.  So if the value of NXT goes up, the asset would go down, to keep it's BTC value the same.
Logged
NXT: NXT-BK2J-ZMY4-93UY-8EM9V
NXT nodes: 209.222.98.250, 216.155.128.10

bizz

  • Sr. Member
  • ****
  • Karma: +22/-4
  • Offline Offline
  • Posts: 285
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #864 on: September 11, 2014, 01:29:43 pm »

I dont know whats the math behind it but I doesn't make me a happy investor :-\
127k nxt from three days ago shrank to 124.5k today and if Nxt keeps rising (hopefully) I have a chance of even losing more!

Oh happy days

This was one of the conversations at the beginning of SuperNET.  If NXT's value rises more than the bonus we are getting, than the best day to invest would be the last day...
It's somewhat of a gamble and just depending on what you think NXT will do over the next few weeks.

Yes though would understand it if I would have bought it with BTC or Bitcoindark in bter but this was with Nxt through AE so where did it lose value?

Token  price is tied to BTC until the end of offering.
Logged

valarmg

  • Hero Member
  • *****
  • Karma: +178/-57
  • Offline Offline
  • Posts: 1766
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #865 on: September 11, 2014, 01:29:59 pm »


Yes though would understand it if I would have bought it with BTC or Bitcoindark in bter but this was with Nxt through AE so where did it lose value?

It didn't lose value. The superNet asset is priced in BTC. So the Nxt you own now has more buying power than it did several days ago.

But the net asset value of the superNet has gone up along with the price of Nxt, so what it is worth will likely be much higher than what it sells for during the IPO.
Logged
NXT-CSED-4PK5-AR4V-6UB5V

zuqka

  • Sr. Member
  • ****
  • Karma: +32/-4
  • Offline Offline
  • Posts: 328
    • View Profile
    • nxt.zuqka.info
Re: SuperNET TOKEN from BTER
« Reply #866 on: September 11, 2014, 01:34:30 pm »

jl777 has it priced in BTC.  So if the value of NXT goes up, the asset would go down, to keep it's BTC value the same.

As a convinced Nxter owning 0% BTC I keep my finger crossed that BTC skyrockets and Nxt kisses the floor :o

Thank you James ;)
« Last Edit: September 11, 2014, 01:40:36 pm by zuqka »
Logged
NXT-2V7G-C8BY-KTYY-CAHNU. Sponsoring 4 Full Nxt Nodes & demo.ardorplatform.org

valarmg

  • Hero Member
  • *****
  • Karma: +178/-57
  • Offline Offline
  • Posts: 1766
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #867 on: September 11, 2014, 01:37:36 pm »

jl777 has it priced in BTC.  So if the value of NXT goes up, the asset would go down, to keep it's BTC value the same.

As a convinced Nxter owning 0% BTC I keep my finger crossed that BTC skyrockets and Nxt kisses the floor :o

Thank you James

So seem to be equating what its selling for with its value (that doesn't apply to an asset in the middle of an ICO done this way). It's value will become clear once the ICO is over. It's value might be double what it's selling for, but we won't know until the ICO is over.

Logged
NXT-CSED-4PK5-AR4V-6UB5V

jefdiesel

  • Hero Member
  • *****
  • Karma: +88/-77
  • Offline Offline
  • Posts: 1275
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #868 on: September 11, 2014, 02:17:49 pm »

jl777 has it priced in BTC.  So if the value of NXT goes up, the asset would go down, to keep it's BTC value the same.

As a convinced Nxter owning 0% BTC I keep my finger crossed that BTC skyrockets and Nxt kisses the floor :o

Thank you James

So seem to be equating what its selling for with its value (that doesn't apply to an asset in the middle of an ICO done this way). It's value will become clear once the ICO is over. It's value might be double what it's selling for, but we won't know until the ICO is over.

Value will be in BTC at end of ICO. There is chance of BTC slipping and therefore the FIAT value of SnotKittens may drop, but the BTC and holding values will not be affected.
We know there is a lot of instability in Crypto prices, but that is all exchange rate. At swap for Token to Unity, the price will convert from BTC to NXT, although I'm sure Bter will maintain a Unity/BTC market.
Logged
Member of D.O.R.C.S., creators of Lyth - An Emergent Trading Game | Asset ID: 2318361924203311027

Alisho

  • Newbie
  • *
  • Karma: +0/-1
  • Offline Offline
  • Posts: 4
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #869 on: September 11, 2014, 02:23:31 pm »

jl777 has it priced in BTC.  So if the value of NXT goes up, the asset would go down, to keep it's BTC value the same.

As a convinced Nxter owning 0% BTC I keep my finger crossed that BTC skyrockets and Nxt kisses the floor :o

Thank you James

So seem to be equating what its selling for with its value (that doesn't apply to an asset in the middle of an ICO done this way). It's value will become clear once the ICO is over. It's value might be double what it's selling for, but we won't know until the ICO is over.

Value will be in BTC at end of ICO. There is chance of BTC slipping and therefore the FIAT value of SnotKittens may drop, but the BTC and holding values will not be affected.
We know there is a lot of instability in Crypto prices, but that is all exchange rate. At swap for Token to Unity, the price will convert from BTC to NXT, although I'm sure Bter will maintain a Unity/BTC market.

So if I invest with BTC I'm just fine... even when BTC skyrockets? :)
Logged

bitcoinpaul

  • Hero Member
  • *****
  • Karma: +590/-590
  • Offline Offline
  • Posts: 3097
  • Karmageddon
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #870 on: September 11, 2014, 05:42:12 pm »

We are in this whole cryptoverse not only for profit but because we believe in another power model: fancy peer to peer lateral distributed power. I hope everyone understands this when deciding things.

Boy will this be a nightmare in parts of the cryptoverse if James suddenly disappears one day (make ur own list of possible reasons) without finishing building distributed structures (developers, infrastructure, money, ...) beforehand.

For the record: I invested in his assets.
Logged
Like my Avatar? Reply now! NXT-M5JR-2L5Z-CFBP-8X7P3

msin

  • Hero Member
  • *****
  • Karma: +138/-18
  • Offline Offline
  • Posts: 1288
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #871 on: September 11, 2014, 05:54:32 pm »

We are in this whole cryptoverse not only for profit but because we believe in another power model: fancy peer to peer lateral distributed power. I hope everyone understands this when deciding things.

Boy will this be a nightmare in parts of the cryptoverse if James suddenly disappears one day (make ur own list of possible reasons) without finishing building distributed structures (developers, infrastructure, money, ...) beforehand.

For the record: I invested in his assets.

Yeah, I always think about what would happen if certain members disappeared.  It's like when CFB was hit by a bus on vacation and spent a week in the hospital, we thought he was just coding, but in fact he was watching TV re-runs in his hospital bed.  On a side note, it did give him inspiration for Jinn. 

(disclaimer: I like to make things up)
Logged

bitcoinpaul

  • Hero Member
  • *****
  • Karma: +590/-590
  • Offline Offline
  • Posts: 3097
  • Karmageddon
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #872 on: September 11, 2014, 05:56:58 pm »

(disclaimer: I like to make things up)

Every word was true.
Logged
Like my Avatar? Reply now! NXT-M5JR-2L5Z-CFBP-8X7P3

ShawnLeary

  • Full Member
  • ***
  • Karma: +17/-1
  • Offline Offline
  • Posts: 183
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #873 on: September 11, 2014, 06:08:19 pm »

What's with all the scam assets. It's very off putting for outside/new investors to trust or have any long term attraction to NXT or any of it's associations. Especially as the community is recovering / dealing with millions of NXT being stolen by a hacker.

Case in point. I am looking at UNITY in the AE as (issued by) belonging to NXT-P7GF-X4TU-YSY8-APAZA with a caveat on the AE description as being: CAUTION: Asset SuperNET is a fake, disregard!

However thesuperNET.org website is saying only trust the official asset issued by NXT-MRBN-8DFH-PFMK-A4DBM - SuperNET TOKEN which I only know as the correct asset after receiving a personal message and a link from James....???

I'm going to remain neutral here but ask you:  where's the moral code here. A system of reference or a check point to block scam assets from the AE perhaps. 

 :-\

Who decides what's a scam asset and what isn't? One person might think the NxtStudios asset is a scam, another might think jl777hold is a scam.

The asset exchange is an open platform like the internet. There are scams on the internet--do we need someone to go through the internet and block all websites that they decide are scams? People send money to 'Nigerian princes' based on emails they have received. Does that mean there's something wrong with email?

People have to educate themselves about the asset exchange and do due diligence before buying.

Could not have said it any better.  The nanny state is not welcome here, stay in the fiat zone. 
Logged

jl777

  • Hero Member
  • *****
  • Karma: +718/-123
  • Offline Offline
  • Posts: 6170
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #874 on: September 11, 2014, 06:45:11 pm »

What's with all the scam assets. It's very off putting for outside/new investors to trust or have any long term attraction to NXT or any of it's associations. Especially as the community is recovering / dealing with millions of NXT being stolen by a hacker.

Case in point. I am looking at UNITY in the AE as (issued by) belonging to NXT-P7GF-X4TU-YSY8-APAZA with a caveat on the AE description as being: CAUTION: Asset SuperNET is a fake, disregard!

However thesuperNET.org website is saying only trust the official asset issued by NXT-MRBN-8DFH-PFMK-A4DBM - SuperNET TOKEN which I only know as the correct asset after receiving a personal message and a link from James....???

I'm going to remain neutral here but ask you:  where's the moral code here. A system of reference or a check point to block scam assets from the AE perhaps. 

 :-\

Who decides what's a scam asset and what isn't? One person might think the NxtStudios asset is a scam, another might think jl777hold is a scam.

The asset exchange is an open platform like the internet. There are scams on the internet--do we need someone to go through the internet and block all websites that they decide are scams? People send money to 'Nigerian princes' based on emails they have received. Does that mean there's something wrong with email?

People have to educate themselves about the asset exchange and do due diligence before buying.

Could not have said it any better.  The nanny state is not welcome here, stay in the fiat zone.
assets that are named after and even use the text descriptions of other assets are clearly scams
it is not being a nanny state to throw out the garbage
Logged
There are over 1000 people in SuperNET slack! http://slackinvite.supernet.org/ automatically sends you an invite

I am just a simple C programmer

innovator256

  • Sr. Member
  • ****
  • Karma: +24/-2
  • Offline Offline
  • Posts: 282
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #875 on: September 11, 2014, 07:31:12 pm »

What's with all the scam assets. It's very off putting for outside/new investors to trust or have any long term attraction to NXT or any of it's associations. Especially as the community is recovering / dealing with millions of NXT being stolen by a hacker.

Case in point. I am looking at UNITY in the AE as (issued by) belonging to NXT-P7GF-X4TU-YSY8-APAZA with a caveat on the AE description as being: CAUTION: Asset SuperNET is a fake, disregard!

However thesuperNET.org website is saying only trust the official asset issued by NXT-MRBN-8DFH-PFMK-A4DBM - SuperNET TOKEN which I only know as the correct asset after receiving a personal message and a link from James....???

I'm going to remain neutral here but ask you:  where's the moral code here. A system of reference or a check point to block scam assets from the AE perhaps. 

 :-\

Who decides what's a scam asset and what isn't? One person might think the NxtStudios asset is a scam, another might think jl777hold is a scam.

The asset exchange is an open platform like the internet. There are scams on the internet--do we need someone to go through the internet and block all websites that they decide are scams? People send money to 'Nigerian princes' based on emails they have received. Does that mean there's something wrong with email?

People have to educate themselves about the asset exchange and do due diligence before buying.

Could not have said it any better.  The nanny state is not welcome here, stay in the fiat zone.
assets that are named after and even use the text descriptions of other assets are clearly scams
it is not being a nanny state to throw out the garbage

PM'd take a look Important
Logged

jl777

  • Hero Member
  • *****
  • Karma: +718/-123
  • Offline Offline
  • Posts: 6170
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #876 on: September 11, 2014, 08:05:46 pm »

The transfers, they are done:

15720904723604126361
13969817255360149927   
616709295133043647

Now the SuperNET account has the core assets as described and it will thus get 24.15% of the dividends that these core assets will generate. I feel a happy balance.

http://nxtreporting.com/?a=NXT-MRBN-8DFH-PFMK-A4DBM&c=USD shows the SuperNET account
It currently has 23.5 million NXT and 26.3 million NXT worth of the core assets.

Let us calculate the TOKEN NAV and SuperNET NAV, the latter using core assets and assuming full 20% dilution.

2014-09-11-14:00:03-GMT SOLD 211012.56580535 TOKEN

928.44400974 BTC, 8955179.34129586 NXT, 18107.41954836 BTCD, 604418.27454791 CNY
NXT AE 23495504.342392 NXT for 187039 TOKEN

Total TOKEN: 398051.56580535
BTC 928.44400974
NXT 32450683.68368786 * .000085 = 2758.30811311 BTC
BTCD 18107.41954836 * 0.01398860 = 253.29744909 BTC
CNY 604418.27454791 @ 2930 = 206.2861 BTC
BTC equiv = 4146.33567247

TOKEN NAV = 0.01041658 BTC

If the UNITY trading is active, there would now be a 50 BTC buywall at 0.01041658 BTC

Now let us adjust this for the value of the core assets, the following I just cut and paste from the GUI:
InstantDEX   241'485   1'000'000   24.15%   48.98   45   10'866'825   
NXTcoinsco   241'485   1'000'000   24.15%   26.98        25   6'037'125
NXTprivacy   241'485   1'000'000   24.15%   43.9989   39   9'418'180
Total 26322130 NXT * .000085 = 2237.38105 BTC

Now we assume the "worst case" dilution where both bonuses are earned, which would mean there are a total of 497564.4573 SuperNET assets. You can check the math, 80% of this number is matching the number of TOKEN.

SuperNET NAV = (4146.33567247 + 2237.38105) / 497564.4573 = (6383.71672247 / 497564.4573) = 0.01282993 BTC

This is a 23% premium over the TOKEN NAV, even when using the 20% dilution.

I hope these calculations make it clearer how all this works

James
Logged
There are over 1000 people in SuperNET slack! http://slackinvite.supernet.org/ automatically sends you an invite

I am just a simple C programmer

kodtycoon

  • Hero Member
  • *****
  • Karma: +43/-18
  • Offline Offline
  • Posts: 916
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #877 on: September 11, 2014, 08:21:24 pm »

The transfers, they are done:

15720904723604126361
13969817255360149927   
616709295133043647

Now the SuperNET account has the core assets as described and it will thus get 24.15% of the dividends that these core assets will generate. I feel a happy balance.

http://nxtreporting.com/?a=NXT-MRBN-8DFH-PFMK-A4DBM&c=USD shows the SuperNET account
It currently has 23.5 million NXT and 26.3 million NXT worth of the core assets.

Let us calculate the TOKEN NAV and SuperNET NAV, the latter using core assets and assuming full 20% dilution.

2014-09-11-14:00:03-GMT SOLD 211012.56580535 TOKEN

928.44400974 BTC, 8955179.34129586 NXT, 18107.41954836 BTCD, 604418.27454791 CNY
NXT AE 23495504.342392 NXT for 187039 TOKEN

Total TOKEN: 398051.56580535
BTC 928.44400974
NXT 32450683.68368786 * .000085 = 2758.30811311 BTC
BTCD 18107.41954836 * 0.01398860 = 253.29744909 BTC
CNY 604418.27454791 @ 2930 = 206.2861 BTC
BTC equiv = 4146.33567247

TOKEN NAV = 0.01041658 BTC

If the UNITY trading is active, there would now be a 50 BTC buywall at 0.01041658 BTC

Now let us adjust this for the value of the core assets, the following I just cut and paste from the GUI:
InstantDEX   241'485   1'000'000   24.15%   48.98   45   10'866'825   
NXTcoinsco   241'485   1'000'000   24.15%   26.98        25   6'037'125
NXTprivacy   241'485   1'000'000   24.15%   43.9989   39   9'418'180
Total 26322130 NXT * .000085 = 2237.38105 BTC

Now we assume the "worst case" dilution where both bonuses are earned, which would mean there are a total of 497564.4573 SuperNET assets. You can check the math, 80% of this number is matching the number of TOKEN.

SuperNET NAV = (4146.33567247 + 2237.38105) / 497564.4573 = (6383.71672247 / 497564.4573) = 0.01282993 BTC

This is a 23% premium over the TOKEN NAV, even when using the 20% dilution.

I hope these calculations make it clearer how all this works

James

total account value: 7'437'808'473

7 billion nxt... 300 million usd... that is astonishing... :o
Logged

jl777

  • Hero Member
  • *****
  • Karma: +718/-123
  • Offline Offline
  • Posts: 6170
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #878 on: September 11, 2014, 08:54:28 pm »

The transfers, they are done:

15720904723604126361
13969817255360149927   
616709295133043647

Now the SuperNET account has the core assets as described and it will thus get 24.15% of the dividends that these core assets will generate. I feel a happy balance.

http://nxtreporting.com/?a=NXT-MRBN-8DFH-PFMK-A4DBM&c=USD shows the SuperNET account
It currently has 23.5 million NXT and 26.3 million NXT worth of the core assets.

Let us calculate the TOKEN NAV and SuperNET NAV, the latter using core assets and assuming full 20% dilution.

2014-09-11-14:00:03-GMT SOLD 211012.56580535 TOKEN

928.44400974 BTC, 8955179.34129586 NXT, 18107.41954836 BTCD, 604418.27454791 CNY
NXT AE 23495504.342392 NXT for 187039 TOKEN

Total TOKEN: 398051.56580535
BTC 928.44400974
NXT 32450683.68368786 * .000085 = 2758.30811311 BTC
BTCD 18107.41954836 * 0.01398860 = 253.29744909 BTC
CNY 604418.27454791 @ 2930 = 206.2861 BTC
BTC equiv = 4146.33567247

TOKEN NAV = 0.01041658 BTC

If the UNITY trading is active, there would now be a 50 BTC buywall at 0.01041658 BTC

Now let us adjust this for the value of the core assets, the following I just cut and paste from the GUI:
InstantDEX   241'485   1'000'000   24.15%   48.98   45   10'866'825   
NXTcoinsco   241'485   1'000'000   24.15%   26.98        25   6'037'125
NXTprivacy   241'485   1'000'000   24.15%   43.9989   39   9'418'180
Total 26322130 NXT * .000085 = 2237.38105 BTC

Now we assume the "worst case" dilution where both bonuses are earned, which would mean there are a total of 497564.4573 SuperNET assets. You can check the math, 80% of this number is matching the number of TOKEN.

SuperNET NAV = (4146.33567247 + 2237.38105) / 497564.4573 = (6383.71672247 / 497564.4573) = 0.01282993 BTC

This is a 23% premium over the TOKEN NAV, even when using the 20% dilution.

I hope these calculations make it clearer how all this works

James

total account value: 7'437'808'473

7 billion nxt... 300 million usd... that is astonishing... :o
you know that is mostly from the unsold TOKEN, so this value is not real. The account value is only around 50 million NXT
Logged
There are over 1000 people in SuperNET slack! http://slackinvite.supernet.org/ automatically sends you an invite

I am just a simple C programmer

viennavtc

  • Full Member
  • ***
  • Karma: +2/-9
  • Offline Offline
  • Posts: 100
    • View Profile
Re: SuperNET TOKEN from BTER
« Reply #879 on: September 11, 2014, 10:42:53 pm »

so on the asset exchange right now.. which Asset Issuer is the right one?  which one is showing the correct current price?  cause there are currently five different asset issuers listed for token right now with the price ranging from 122 to 128...
Logged
Pages: 1 ... 42 43 [44] 45 46 ... 80
 

elective-stereophonic
elective-stereophonic
assembly
assembly