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Technical Support / How to use the referral link
« on: April 14, 2016, 01:43:56 pm »
I have an account on Openledger, what is my referral link? How can I use it as a part of a market link?
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I would also strongly recommend that we open up this deal to "crowd fund" a UIA with a buyback plan. This way onceuponatime can diversify his risk and we can have an "equal opportunity" policy. I don't want anyone accusing us of playing favorites. By being equal opportunity we should auction it off. Raise as much BTS as possible to fund it and then burn the rest. This way the network gets a proper market-determined-price for this revenue stream.
I would say that this whole discussion has shown us how the market would like to proceed with new feature requests in general. We just need to work out a flexible long-term solution.
What we have learned is this:
1. Shareholders are much happier letting someone else profit from our future revenue stream than increasing sell pressure today.
2. Dilution is so hated, that users would rather give up the value of future revenue than keep that value and dilute.
Technically speaking, BTS is paying far more than $45,000 by adopting this proposal. It is paying the net-present-value of the future revenue stream generated by this feature. Onceuponatime has realized that $45,000 is a steal for that revenue stream if BTS is successful.
So the question remains, how much does the value of BTS rise/fall by selling off this revenue stream for $45,000? On the one hand it should increase due to removal of dilution and short-term sell pressure. On the other hand it should fall due to the decrease in expected future revenues, on the other hand those future revenues would never have existed without the $45K investment.
So if Onceuponatime is right, BTS loses and he gains. If he is wrong, BTS gets a new feature at a bargain basement price.
My bet is that onceuponatime is right.
I would also strongly recommend that we open up this deal to "crowd fund" a UIA with a buyback plan. This way onceuponatime can diversify his risk and we can have an "equal opportunity" policy. I don't want anyone accusing us of playing favorites. By being equal opportunity we should auction it off. Raise as much BTS as possible to fund it and then burn the rest. This way the network gets a proper market-determined-price for this revenue stream.
Just some ideas.
I really do not get 'the no lifetime fees' crowd.
What is up with you people? Someone making too much money, according to you?
If yes go pay it yourselves, or get up and organize it as a UIA funding that you can buy into...
PS
And keep in mind that I say that while I have only 3 prime suspects for this secret investor - CNX being one of those.
CNX is not one of them, nor is it CCEDK nor Bunker. In other words, there is no slight of hand here, I just wanted to air the idea without involving them. Would the mystery investor please speak up if you are ok discussing this publicly?
I approached Stan and Dan with the thought of my paying CNX $45,000 to get the Stealth work funded. This is a huge chunk of my lifetime savings, and it is a huge risk for me to be taking. However, I am in total harmony with Bytemaster's philosophy and goals as far as I understand them and want this project to succeed, and to succeed .
I find that a lot of community members are expecting others to do the work needed to get this project rolling for free or for less than market rates. And out and out jealousy rearing its ugly head in some comments today.
I for one can't believe Cryptonomex is going to get rid of the licensing for only 10mil bts.
Are you suggesting that the BTS stakeholder vote to guarantee us $30,000 regardless of any price declines?
We do not assume any particular direction for the BTS price movement, and even if you use the average price over the summer you will see that we are not even asking for our costs to be reimbursed. Ultimately, all we are looking to recover is a fraction of the BTS we had to sell to build it in the first place.
The "botched" release that went relatively smoothly with few people losing money and minimal downtime. Sure it wasn't feature complete, but who here would like to go back to the 0.9x wallet?
In total this amounts to about 20M BTS.
We would be prepared to accept 10M BTS vesting over 1 year.Is it for proposals #2-5 + limited licensing relaxation? It sounds better than the original proposal for sure.
Just $90 per day.Again, $90 in this market. Will you be burning the extra BTS as price rise?
Its simply another Dan makes a obtuse theoretical assumption that never stands up to rigor when fully implemented.
so smartcoins do not exist?