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[ANN] Jinn
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Author Topic: [ANN] Jinn  (Read 312914 times)

jabo38

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Re: [ANN] Jinn
« Reply #340 on: September 26, 2014, 04:05:14 pm »

It indeed is not a bad idea to convert all Nxt to fiat when the fundraising is over to make sure you have certain money to spend. This is how Sia did. The sell of NXT can be conducted outside of exchanges to avoid the crash the price of Nxt.

By the way all, this is just an investment opportunity. If you think it is too risky for you, you can wait and buy it at the secondary market when you see some progress of Jinn project.The secondary market price won't be skyrocket high but could be lower if people don't see progress for a while. Its asset will always be there on AE available for trade.

I'm trying to persuade other founders not to exchange received NXT for BTC or USD but place a bid order at exactly same price as we will place the ask order at. The amount will be gradually lowered over time when we need to spend part of the money, but at least there will be a period of time when initial investors will be protected against events like explosive rise of NXT price and the like. I don't know if expected rise of NXT is included into the business plan, so I can't guarantee that my suggestion will be accepted.

I have had respect for you for a long time, but this statement just puts it over the top. 

Crypto is a world where I am pretty sure exchanges are doing the exact opposite of what you are saying.  The exchange owners put up fake sell walls and buy ways.  They do this to cyphen off all the new money coming into crypto and pocket it.  I think this is a reason why bitcoin is in a pattern of slowly going down and down and down and then spikes up as the exchange owners are rebooting their scam. 

Here you are proposing to do the exact opposite, trying to stabilize the price and protect the consumers, maybe acting like a NXT reserve in a way.  If this goes through, I will sing you praises for a long time.
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Come-from-Beyond

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Re: [ANN] Jinn
« Reply #341 on: September 26, 2014, 05:14:47 pm »

After thinking more about my suggestion I saw a serious problem. Someone could troll this "IPO" by paying high price and then selling the tokens back. My suggestion would lead to an artificially high price and lack of funding, which would slow the growth and ruin it for real "investors". So I withdraw it.
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colin012

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Re: [ANN] Jinn
« Reply #342 on: September 26, 2014, 05:54:38 pm »

After thinking more about my suggestion I saw a serious problem. Someone could troll this "IPO" by paying high price and then selling the tokens back. My suggestion would lead to an artificially high price and lack of funding, which would slow the growth and ruin it for real "investors". So I withdraw it.

Too bad. It was good in theory.
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Triangle

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Re: [ANN] Jinn
« Reply #343 on: September 26, 2014, 06:01:30 pm »

After thinking more about my suggestion I saw a serious problem. Someone could troll this "IPO" by paying high price and then selling the tokens back. My suggestion would lead to an artificially high price and lack of funding, which would slow the growth and ruin it for real "investors". So I withdraw it.

Too bad. It was good in theory.

We'll still be very transparent with our spendings and wont cash out more than needed at a time. We have absolutely no intention of crashing NXT as it's still a project all of us are actively working on, so don't worry about that :)
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TheWireMaster

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Re: [ANN] Jinn
« Reply #344 on: September 26, 2014, 06:07:05 pm »

May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk
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Come-from-Beyond

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Re: [ANN] Jinn
« Reply #345 on: September 26, 2014, 06:16:52 pm »

May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.
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TheWireMaster

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Re: [ANN] Jinn
« Reply #346 on: September 26, 2014, 06:27:05 pm »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)
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gs02xzz

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Re: [ANN] Jinn
« Reply #347 on: September 26, 2014, 06:34:18 pm »

May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?
Sent from my iPad using Tapatalk

I think it will be impossible for the founders of a corporation to be anonymous after the incorporation. My guess is that they need to figure out some legal issues and make sure it is legal to do the fundraising on the AE first if incorporated.
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Triangle

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Re: [ANN] Jinn
« Reply #348 on: September 26, 2014, 06:37:10 pm »

May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?
Sent from my iPad using Tapatalk

I think it will be impossible for the founders of a corporation to be anonymous after the incorporation. My guess is that they need to figure out some legal issues and make sure it is legal to do the fundraising on the AE first if incorporated.

We have absolutely no intention of being anonymous at all. This is a serious business venture in the real world, it's not just a asset online :)
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TheWireMaster

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Re: [ANN] Jinn
« Reply #349 on: September 26, 2014, 06:51:16 pm »

May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?
Sent from my iPad using Tapatalk

I think it will be impossible for the founders of a corporation to be anonymous after the incorporation. My guess is that they need to figure out some legal issues and make sure it is legal to do the fundraising on the AE first if incorporated.

We have absolutely no intention of being anonymous at all. This is a serious business venture in the real world, it's not just a asset online :)

Yes, you are right... sorry. Not so difficult to see that you are not hiding David. ;)
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Jacinto

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Re: [ANN] Jinn
« Reply #350 on: September 26, 2014, 06:52:35 pm »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)

In fact, CfB is the opposite of anonymous since he posted photos of his last vacations with his family  :D
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TheWireMaster

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Re: [ANN] Jinn
« Reply #351 on: September 26, 2014, 06:57:30 pm »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)

In fact, CfB is the opposite of anonymous since he posted photos of his last vacations with his family  :D

You mean the picture in the middle of the condominium? I hope CfB improves the destination selection for the next vacation.. :)
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Jimmy2011

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Re: [ANN] Jinn
« Reply #352 on: September 26, 2014, 07:07:09 pm »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)

Yes, you are right. I have contributed one search.
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Brangdon

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Re: [ANN] Jinn
« Reply #353 on: September 26, 2014, 07:14:31 pm »

I'm trying to persuade other founders not to exchange received NXT for BTC or USD
I can't see any point in exchanging NXT for BTC. BTC seems just as risky. It's been on a slow decline for a long while now, and good news (like from PayPal) doesn't seem to make much difference. Maybe it will turn around, but if it doesn't there's no limit to how low it could go.
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Pilot

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Re: [ANN] Jinn
« Reply #354 on: September 26, 2014, 07:18:46 pm »

I'm trying to persuade other founders not to exchange received NXT for BTC or USD
I can't see any point in exchanging NXT for BTC. BTC seems just as risky. It's been on a slow decline for a long while now, and good news (like from PayPal) doesn't seem to make much difference. Maybe it will turn around, but if it doesn't there's no limit to how low it could go.

It have to double check the charts, but BTC isn't going "down and down"... it has hovered between $400 and $600 all year. Volitile, yes.

If BTC fails, that I can't see any other crypto's really jumping in here. If crypto is adopted by the masses, BTC will still be the gold standard. At least, that's my opinion.
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Breasal

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Re: [ANN] Jinn
« Reply #355 on: September 27, 2014, 05:41:32 am »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)

Yes, you are right. I have contributed one search.

The only images i got were hot women and guns! lol  ;D

I suspect this Segey is NOT Cfb: http://www.ivanchenko.ua/ (different last name but worth the click  :P)
« Last Edit: September 27, 2014, 05:51:20 am by Breasal »
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Jimmy2011

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Re: [ANN] Jinn
« Reply #356 on: September 27, 2014, 06:32:23 am »


May I ask a very stupid question? Why are there projects like this which I believe it but everybody has to be anonymous? It's a super project and probably someone will be invited to talk about it. But if it's all anonymous who speaks? CfB is BCnext+Satoshi, so I understand... But the others?


Sent from my iPad using Tapatalk

I'm not anonymous, my real name is Sergey Ivancheglo, but I don't use it on the Internet.

I guess Google is registering a peak of searches for Sergey Ivancheglo... ;)

Yes, you are right. I have contributed one search.

The only images i got were hot women and guns! lol  ;D

I suspect this Segey is NOT Cfb: http://www.ivanchenko.ua/ (different last name but worth the click  :P)

She may be the ambassador of Jinn, the Ukraine girl version of Ziyi(? http://en.wikipedia.org/wiki/Zhang_Ziyi ), who was thought as the ambassador of Nxt.
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TheWireMaster

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Re: [ANN] Jinn
« Reply #357 on: September 27, 2014, 06:43:44 am »

Are we getting close to the target price? :)
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buybitcoinscanada

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Re: [ANN] Jinn
« Reply #358 on: September 27, 2014, 08:04:35 am »

A
« Last Edit: October 15, 2014, 11:04:32 pm by buybitcoinscanada »
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JohnHolmes

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Re: [ANN] Jinn
« Reply #359 on: September 27, 2014, 08:05:48 am »

What is the approx cut-off price now?
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