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Messages - telemaco

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1
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: September 19, 2014, 10:27:06 pm »
WolfOfCrypto, we do not forget ...

Bitcoin Ponzi Scheme Perpetrator Fined $40 Million
http://www.coindesk.com/bitcoin-ponzi-scheme-perpetrator-fined-40-million/

2
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: September 16, 2014, 06:44:14 pm »
received my assets! glad all went well! thx!

Received them aswell. Thanks so much to Damelon and WhatNxt!

3
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: September 13, 2014, 12:23:52 pm »
...

We are not a country, nor a state. Nobody is gonna sue you. Lets not vote again, pallease !
You have proven your moral stance to us, the community, and we are all happy with you, so, just do what you think, whats right, it`s allright . . .
Lee will loose, we will loose, but lets cut it, and move on, quiiickly, please :)
(It all sounds to me, like a tribe discussing "democracy", endlessly, while nobody goes to get something to eat . . :) )

Nicely said.
If you keep posting like this, you might just equalize your applauds and your bitcoin pauls.

+1 Wonderful job whatnxt. I think you should decide on those.

Please let us know where can we send the NXTTXTFund for the swap!

4
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: September 06, 2014, 10:54:37 am »
Update

The number of Assets held in accounts are as follows:
20365 Assets accounted for in the Buy section of the spreadsheet)
22847 Assets actually purchased and held before the Deadline
838 Assets purchased after the deadline

Number of assets exchanged for NXTTXTForum as follows:
32639 Assets listed on on the Exchange sheet of the spread sheet + new ones from this post.
76344 Assets in Genesis account
76123 Number of assets sent to Genesis account after 31.07.2014 20:09 
10 Number of assets known to have been fraudulently exchanged (so far)

Totals so far

Total Legal exchanged assets 76113

Total assets due compensation 76113 + 22847 = 98959

I have not removed accounts with open orders from this list of asset holders. Yet.
I have included asset holders that have not contacted us. We will have to contact them.
I have not excluded anyone who said they did not want there asset holding included.

Really awesome. Thanks so much!

5
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: September 05, 2014, 10:44:11 pm »
Whatnxt, my address is not on the exchange list. I have sent you a pm with the transaction details

EDIT: Yes i am there indeed. i did not see it. Please excuse me   ;)

6
Very difficult choices.

All these robberies are a huge problem, with a lot of people losing their savings, exchanges losing all their job/business, developers that see how their creation goes to hell.

Crypto developers should start developing some kind of mandatory multisig or temporary lock with posterior verification after 100 blocks for any account that holds more than a 1% of any coin.

In the meat world people move huge amounts of money with armored vehicles for small amounts, they would even use the army if a state were to move a 1% of their total funds, crypto should do the same and make sure that such a big amounts need a huge security, even if uncomfortable.

+1

The meat world?? lol  ;D

I'm guessing this was an autocorrect on a smartphone keyboard. But it conjures up a great image.

I don't care - I am going to start using it anyway  :)

Not mine, i got it somewhere else :)

Anyway I think this should be addressed. Actually this huge robbery of concentrated amounts of money are even worse than 51% attacks and yet still not even one cryptocoin has developed some kind of defense against this kind of attack.

One robber steals a huge amount from an exchange or any address with a huge amount of funds and:

1- Developers lose hundreds of hours of dedicated job on their child watching how it gets inpopular and loses years in adoption timeframe
2- Exchanges lose the business. Maybe jobs are lost. Maybe customer funds are seized.
3- All crypto community show a bad image. Press talks about the crypto "wild west".
4- More scammers and hackers come into the fest as it could be pretty easy to find a vulnerability on a system with no verification. Just hack in and get the huge amount in one hour (as our guys has said)
5- It is a call for regulation from states. The perfect excuse
6- It delays adoption. Crypto gets a huge bad press. -> Crypto is unsafe. Your hard earned money is unsafe.

That is the worse that can happen with your savings for many many people. They won't care if you scan it with a fancy mobile or if it p2p. Not many leave their savings below a rock in the park.

It is ridiculous that so much time is spent on many improvements while there is one vulnerability in most cryptos that is far worse than a 51% attack -> Get your coin instadestroyed just because one guy did not updated their adobe software.

Multisig should be absolutely mandatory for any account with a big amounts of fund. Or some kind of time lock of X blocks where a second password is needed to verify that that transaction is really desired.
From the jungles in the Amazon to any king during history, anyone moving a huge amount of money, would have it guarded and every step checked here and there many many times before the transaction or the transport is done.

In this case the digital-instant transfer speed is our enemy and developers should address this fast.

My two cents.

I opened a thread about exactly this same problem on bitcointalk one month ago after vericoin issue

https://bitcointalk.org/index.php?topic=693083.msg7825599#msg7825599

7
Very difficult choices.

All these robberies are a huge problem, with a lot of people losing their savings, exchanges losing all their job/business, developers that see how their creation goes to hell.

Crypto developers should start developing some kind of mandatory multisig or temporary lock with posterior verification after 100 blocks for any account that holds more than a 1% of any coin.

In the meat world people move huge amounts of money with armored vehicles for small amounts, they would even use the army if a state were to move a 1% of their total funds, crypto should do the same and make sure that such a big amounts need a huge security, even if uncomfortable.

8
https://nxtforum.org/nrs-releases/nrs-v1-2-5b/

This release disables all outgoing transactions from the BTER account:
10715382765594435905 after block height 209885.


 :o

so we would be in essence freezing the account...not a rollback...right?

if so, i might try it out.

Running it already

9
I don't want to appear like a very harsh guy but

Why don't we just place fund of 1000 bitcoins for ANYONE that shows proof of this guy BALLS in a crystal jar

Maybe he gets convinced to give back the money.

Seems that is the only language these kind of people understand

10
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 14, 2014, 05:43:43 pm »
+1 I like jef proposal.


11
Cryptoasset.fund projects / Re: [ANN] Coinomat.com
« on: August 13, 2014, 09:36:57 pm »
Will the Russian/European sanctions affect coinomat in any way?

12
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 12, 2014, 05:33:09 pm »


I'm interested to hear what Lee is proposing, but since NXTtxt has no business plan nor obligation to shareholders, I do not see how holding it will benefit anyone.
Lee has shown he can work hard and make connections, but if I am going to keep my investment, I'd want to see an idea, enactable with growth and clearly posted goals.
I think Lee should propose such a business and offer this to previous investors. Let those with a mind set like James hold, and others can get out.
At this point, it comes down to trust. If you trust Lee, hodl, if not settle
Since I am known to be overtrusting, dont just copy what I do. Decide for yourself based on what you have seen Lee achieve and nothing else. Not what others say. Not what others fear, but what you have seen.
I have put a bid on AE that is triple the previous high bid for those that just want NXT, I will not be exchanging any assets I get for anything else, at least not for a long time well after all this has been sorted

James

Even if you believe 100% in Lee, this asset still represents nothing more than his good intentions.

Lee told me directly, "too bad, you lose, i'm not giving you anything"
I'm not going to hold on to shares that have no obligation or trust.

Couldn't agree more.


13
Cryptoasset.fund projects / Re: [ANN] Coinomat.com
« on: August 12, 2014, 11:33:11 am »
Has anyone received their dividend this week? I have not

14
NXTventures / Re: MGW - multigateway
« on: August 12, 2014, 12:47:44 am »
Thanks a lot for clarifying.

Another thing. Has there been any dividend up to know from MGW fees? It has already been running for a some days

Thanks

Fees received would minuscule right now. It's still in beta and not ready for use by the wider community. Plus, I think the MGW is not expected to be very profitable by itself (fees are deliberately set low), it's only when InstantDex starts operating and the MGW shares in the trading profit that any significant revenue will be generated.

I see. Thanks a lot for your reply

15
NXTventures / Re: MGW - multigateway
« on: August 11, 2014, 10:21:19 am »
Thanks a lot for clarifying.

Another thing. Has there been any dividend up to know from MGW fees? It has already been running for a some days

Thanks

16
NXTventures / Re: MGW - multigateway
« on: August 11, 2014, 07:14:53 am »
I am quite confused.

What is the difference between MGW and MGWBTC in the SAE. I don't manage to get the difference and how is possible that in such a small time MGWBTC has such an incredible volume.


17
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 07, 2014, 01:59:32 am »
Before i leave just one thing.



I hope you don't leave NXT altogether?

Lee is an unprofessional and amoral person, but he is a nobody in the big picture of NXT. NXT is potentially a paradigm shift in many businesses and areas of life. Please do not let one extremely rotten egg ruin the omelet.

Decentralization is a double edged sword. One side of it can cut out the middle man and free you from beaurucracy and abusive authority, but the other side of it can hurt you real bad. Like most things in life, there's a trade off.
There is no way to ban people like Lee from AE, as there is no authority.
I would however encourage the mods to have a serious discussion about whether or not Lee should be allowed to keep posting on this centralized forum, given that he himself admits he's a thief and that none of the assets are real on Skype where the mods hang out.

But again, don't let this idiot ruin NXT for you. Soon there'll be inplace agencies that rate assets and do background checks etc. before listing an asset on the exchange.
NXT is still in it's toddler stage learning how to walk on it's own. Give it some time, there's still a ton of oppourtunities.

I was thinking about leaving to bed
Nxt is THE treasure of all cryptos at the moment. I would not leave it even mad ;-)

I could not agree more with what you have said.

18
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 07, 2014, 01:42:12 am »
Before i leave just one thing.

I think it is clear what has happeend here.


NXT Has some wonderful developers and a wonderful team of people that is working great and deserve the best revenue for their past and actual job.

They are bringing huge developments for all the cryptocommunity

Many people is interested in investing  on this wonderful technology and team of people (specially the NXT Asset Exchange for the moment)

With the biggest faith and with the best ideas on their mind (joining forces with the NXT community reinforcing the nxt currency and bringing the result of their own sacrifice (their own hard earned money))

But we had one bad actor that has been behaving unproperly and has derailed two times the economy already. At this moment scaring the hell of many investors as we can see in the general downtrend of NXT and all the NXT assets.



I say that is it not only fair, but that as the bad actor has been identified, the nxt community now needs to react properly and with fairness, giving example and providing solutions for improved security. That will bring reassurance for nxt and nxt ae investors and so the Nxt machine can get moving upwards again.

Providing an unfair response would not only be disheartening for any new nxt investor in general but also would also provide a bad precedent for sucesive unfair situations and at the same time it would create new enemies and provide the already existing with new weapons.


My two cents.


19
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 07, 2014, 12:59:58 am »
Or a serious case of demonic possesion....

(too late here already gn)




20
Assets Board / Re: Termination of Service within TXT COINS NOW
« on: August 07, 2014, 12:53:18 am »
Why don't you get a life and get with the program wen rats jumps ship Bcs the boat is sinking is how stupid they are so selfish they kill themselves as they are retarded and don't see a life raft

Why is only a few are dicks and demand more than others and mist accept and encourage the future so I wallasey thanks to others who've offered support and wished the best at least those show the best out of the community but suckered punchers and leaches watever wrong or right I won't back down to anybody il do what I need to do and I know most of you want me gone to prove your own agendas to others but I,m not going anywhere brand me as a scam O whatever you like makes no difference only hurts yourselves

U have no clue what is going as your self centred an absorbed in yourself if it's life ending end your life and then others get your cake that i am not the person to give a shit about your feelings I got shit to and I know it and assholes like u get fuked by prices like me as your just a cry baby and stop progress
Actually the nxttxt fund does not own anything so the nxt and assets is to b distributed for the last of txt assets only

you can add a reswap:

22k TXT are left for swapping

It is possible to swap them for:

x2 - 44k NXTTXTFUND
x20 - (= 440,000 jlhodl777) - max. 5k TXT up to 100,000 jlhodl777
x 13 - (= 286000 MPFiat) - max. 8461 TXT up to 110,000 MPFiat
x 16 - cointropolis - max. 505 TXT up to 8086 cointropolis
x 40 - NXT - max. 1368 TXT up to 54720 NXT
Let's let any owner of TXT choose what he wants to get

After 1-2 weeks, those who already swapped TXT for NXTTXT can ask for a reswap, the conditions:

x10  - max. 10k NXTTXT up to 100,000 jlhodl777
x 6,5 - max. 16k NXTTXT up to 110,000 MPFiat
x 8 - max. 1010 NXTTXT up to 8086 cointropolis
x 20 - NXT - max. 2600 NXTTXT up to 54720 NXT

Why are you deciding what should be done. I think damelon was asking for opinions from the shareholders. Are you one?

Why don't you go to hell

I would say that in this specific case it could be a psycopath parasite case

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