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Quote from: xeroc on June 25, 2014, 03:14:52 pmI still do believeIt's obvious you believe, the question is can you articulate your belief or do you just believe whatever words come out of his mouth? I can't even tell what the vision is any more, it was clear to me in the beginning. Help me understand.
I still do believe
Quote from: AdamBLevine on June 25, 2014, 01:25:36 pmI'm clearly your enemy, and invictus is doing a fantastic job.Still you are educating others about our goals and techniques .. and you are doing great explaining it!Unfortunately those guys seem to have no interest in constructive feedback .. otherwise they would join the discussion over here and not on a private skype chat.Maybe one more thing: they issue with stake in several other systems (best example is NXT) is that the stakes are not fairly distributed .. sure bitshares stakes are also not fairly distributed (i guess) but your surely agree that we have a much wider distribution of stake than any other proof-of-stake crypto such as peercoin/blackcoin/darkcoin and others.That's maybe one of the big advantages we have over here.BTW. we have initiated contact with freenode admins to recover the already registered #bitshares channel ..
I'm clearly your enemy, and invictus is doing a fantastic job.
Quote from: tonyk on June 25, 2014, 02:47:19 amQuote from: AdamBLevine on June 25, 2014, 02:40:35 amQuote-Appearing on the 3rd day and saying – 'Sorry for the delay, I was drunk from the IPO party 3 days ago';.....this is really a point you want to hang your hat on? Things are confusing in early days, I would assume you'd be sympathetic.I am really sympathetic – I have my share of drinking problems… I can only imagine how drunk will I get when I have scammed people for 10 Mil and have to do no work for it… really drunk like 3 day total obliviation…You realize that unless you're closely paying attention, most people in the crypto space think Bitshares is an out and out scam, right? It's just blowing my mind you can be so blind to the irony. Let me show you what Invictus looks like from the outside, this was in the swarm skype chat. Quote[6/24/2014 10:06:03 AM] Niceplum: Adam B. Levine, I spent 20+ hrs researching bitshares, its a ponzi[6/24/2014 10:06:08 AM] Adam B. Levine: it's really not[6/24/2014 10:06:08 AM] Adam B. Levine: lol[6/24/2014 10:06:12 AM] Joel Dietz (SWARM Agent X) : it's a bad joke wishing that it was a ponzi[6/24/2014 10:06:13 AM] Niceplum: time will tell[6/24/2014 10:06:17 AM] Adam B. Levine: I would agree with Joel[6/24/2014 10:06:30 AM] Niceplum: how does it expect to give people back more money[6/24/2014 10:06:32 AM] Niceplum: if they buy BitUSD[6/24/2014 10:06:35 AM] Niceplum: and then convert back[6/24/2014 10:06:47 AM] Adam B. Levine: that's not the majority of the bitshares project[6/24/2014 10:06:59 AM] Adam B. Levine: the interesting part is the underlying technology they've reinvented[6/24/2014 10:07:02 AM] Niceplum: no, but that is a ponzi[6/24/2014 10:07:07 AM] Adam B. Levine: no, that is a confidence game[6/24/2014 10:07:12 AM | Edited 10:07:14 AM] Adam B. Levine: a ponzi implies there is a guy named ponzi[6/24/2014 10:07:14 AM] Niceplum: which technology?[6/24/2014 10:07:20 AM] Adam B. Levine: delegated proof of stake[6/24/2014 10:07:23 AM] Niceplum: where[6/24/2014 10:07:26 AM] Adam B. Levine: they're on alpha chain 5[6/24/2014 10:07:32 AM] Niceplum: source?[6/24/2014 10:07:38 AM] Adam B. Levine: bitsharestalk.com[6/24/2014 10:07:41 AM] Adam B. Levine: good luck[6/24/2014 10:07:44 AM] Adam B. Levine: [6/24/2014 10:07:48 AM] Niceplum: actual source?[6/24/2014 10:07:51 AM] Niceplum: is it on there[6/24/2014 10:07:55 AM] Adam B. Levine: yeah hang on[6/24/2014 10:08:40 AM] Adam B. Levine: https://bitsharestalk.org/index.php?topic=5250.0[6/24/2014 10:09:45 AM] Adam B. Levine: both NXT and Bitshares are really attacking confirmation times, which things like msc and xcp demonstrate are quite long in the bitcoin paradigm where blocks occasionally take an hour[6/24/2014 10:09:58 AM] Adam B. Levine: it didnt used to matter[6/24/2014 10:10:16 AM] Adam B. Levine: but now when actions are only as granular as how long it takes for it to be included in a block, suddenly it's a lifetime[6/24/2014 10:10:43 AM] Niceplum: BitShares isn't a cryptocurrency though, how is it possible to compare them[6/24/2014 10:10:50 AM] Adam B. Levine: how can you say that?[6/24/2014 10:11:16 AM] Niceplum: because the whitepaper defines it as a decentralized for-profit bank?[6/24/2014 10:11:33 AM | Edited 10:11:39 AM] Adam B. Levine: that's like saying bitcoin isn't a cryptocurrency because its whitepaper defines it as decentralized cash[6/24/2014 10:11:50 AM] orperelman: lol[6/24/2014 10:11:52 AM] Adam B. Levine: cryptocurrency is a broad categorical classificaiton having to do with how the network actually works, not what it calls itself[6/24/2014 10:12:08 AM] Niceplum: well then its not decentralized cash[6/24/2014 10:12:28 AM] Adam B. Levine: it's a token that can be transmitted irrevocably to any network connected terminal[6/24/2014 10:12:37 AM] Adam B. Levine: call it what you, that's a token and tokens are cryptocurrencies[6/24/2014 10:12:48 AM] Niceplum: irrevocably? but isn't that against the idea of TaPOS[6/24/2014 10:12:52 AM] Adam B. Levine: unless you're talking about the kind you hold in your hand[6/24/2014 10:12:56 AM] Niceplum: where people vote whats valid and not[6/24/2014 10:12:58 AM] Adam B. Levine: TaPOS was thrown out[6/24/2014 10:13:07 AM] Adam B. Levine: [6/24/2014 10:13:12 AM] Adam B. Levine: this is DPOS[6/24/2014 10:13:18 AM] Niceplum: DPOS?[6/24/2014 10:13:21 AM] Adam B. Levine: TaPOS was (Transactions as Proof of Stake)[6/24/2014 10:13:28 AM] Adam B. Levine: DPOS is Delegated Proof of Stake[6/24/2014 10:13:36 AM] Niceplum: which means?[6/24/2014 10:13:43 AM] Adam B. Levine: Feel free to read up on it[6/24/2014 10:13:52 AM] Adam B. Levine: github link is in the thread linked earlier[6/24/2014 10:13:55 AM] Niceplum: its not transparent forging is it[6/24/2014 10:14:00 AM] Adam B. Levine: it seems similar[6/24/2014 10:14:20 AM] Adam B. Levine: but its not based on your stake, its based on the stake people throw behind you based on transparent performance[6/24/2014 10:14:52 AM] Adam B. Levine: votes are cast automatically I believe for the best performing delegates judged by transaction inclusion rate, long term consistency, etc[6/24/2014 10:15:03 AM] Adam B. Levine: but i am not an expert on this at all[6/24/2014 10:15:32 AM] Niceplum: massive house of cards[6/24/2014 10:15:43 AM] Adam B. Levine: just a guy who has been watching and talking with and yelling at the larimer folks to know they might look like a ponzi, but really they're just engineers who have no desire or ability to control optics[6/24/2014 10:16:05 AM] Adam B. Levine: you're making me want to defend them just because I don't think you actually know what you're talking about, and that's odd because I"m quite annoyed with them.[6/24/2014 10:16:21 AM] Adam B. Levine: if you have specific complaints please make them, don't just throw mud[6/24/2014 10:17:31 AM] Niceplum: it cannot remain decentralized indefinitely, but I'll leave it to someone more technically knowledgable to argument that[6/24/2014 10:18:04 AM] Niceplum: brb[6/24/2014 10:18:32 AM] Adam B. Levine: happy to chat with you seperately, I really don't get how you can say definitive things like "cannot" when that's true of ANY of these protocols, they can all be modified should the need be there so again it's like saying it's not cryptocurrency. Why this over all others?[6/24/2014 10:18:45 AM] Adam B. Levine: [6/24/2014 10:18:52 AM] Adam B. Levine: Incidentally your interview is running on Saturday[6/24/2014 10:24:03 AM] Michael Sullivan: Are delegates secure?[6/24/2014 10:25:45 AM] Michael Sullivan: Bitshares may finally be on right track, hard to know. But yeah it's been frustrating trying to keep up with the dev and tech branding over the past year.[6/24/2014 10:31:16 AM | Edited 10:31:21 AM] Adam B. Levine: I've got a technical friend looking at the delegate requirements right now, I might wind up being the face of a few while he runs the technical stuff on the backend. It's an interesting approach, complete transparency does in fact make it quite hard to cheat[6/24/2014 10:31:27 AM] Adam B. Levine: (for more than one instance)[6/24/2014 10:36:20 AM] Niceplum: isn't the whole result of proof of stake that the rich get richer?[6/24/2014 10:38:08 AM] Janislav: it is not different than with bitcoin. rich people buy a lot of miners and get richer[6/24/2014 10:39:23 AM] Adam B. Levine: right, the problem isn't how you get your resources but rather that some people have more resources than others[6/24/2014 10:39:43 AM] Adam B. Levine: This is another thing invictus tried to address, Protoshares was supposed to be CPU minable only and worked best on CPUs[6/24/2014 10:39:57 AM] Adam B. Levine: problem is, someone with money can just rent a bunch of servers from amazon by the hour and min/max, just like with any other way[6/24/2014 10:40:08 AM] Adam B. Levine: So the problem is that "stake" is capital-scalable, rather than human-scalable[6/24/2014 10:40:46 AM] Adam B. Levine: really what we want is as broad an even a distribution on a human level as possible, but there's no proof-of-unique-human yet that's easy and cheap and pervasive, so here we are[6/24/2014 10:43:23 AM] Niceplum: well, it will require some form of reputation system which assumes a consensus[6/24/2014 10:43:38 AM] Adam B. Levine: yep, so it won't happen[6/24/2014 10:43:50 AM] Niceplum: exactly[6/24/2014 10:43:59 AM] Adam B. Levine: thus, everybody does everything - Many of us watch them all, and whatever works we'll cannabilizeI'm clearly your enemy, and invictus is doing a fantastic job.
Quote from: AdamBLevine on June 25, 2014, 02:40:35 amQuote-Appearing on the 3rd day and saying – 'Sorry for the delay, I was drunk from the IPO party 3 days ago';.....this is really a point you want to hang your hat on? Things are confusing in early days, I would assume you'd be sympathetic.I am really sympathetic – I have my share of drinking problems… I can only imagine how drunk will I get when I have scammed people for 10 Mil and have to do no work for it… really drunk like 3 day total obliviation…
Quote-Appearing on the 3rd day and saying – 'Sorry for the delay, I was drunk from the IPO party 3 days ago';.....this is really a point you want to hang your hat on? Things are confusing in early days, I would assume you'd be sympathetic.
-Appearing on the 3rd day and saying – 'Sorry for the delay, I was drunk from the IPO party 3 days ago';
[6/24/2014 10:06:03 AM] Niceplum: Adam B. Levine, I spent 20+ hrs researching bitshares, its a ponzi[6/24/2014 10:06:08 AM] Adam B. Levine: it's really not[6/24/2014 10:06:08 AM] Adam B. Levine: lol[6/24/2014 10:06:12 AM] Joel Dietz (SWARM Agent X) : it's a bad joke wishing that it was a ponzi[6/24/2014 10:06:13 AM] Niceplum: time will tell[6/24/2014 10:06:17 AM] Adam B. Levine: I would agree with Joel[6/24/2014 10:06:30 AM] Niceplum: how does it expect to give people back more money[6/24/2014 10:06:32 AM] Niceplum: if they buy BitUSD[6/24/2014 10:06:35 AM] Niceplum: and then convert back[6/24/2014 10:06:47 AM] Adam B. Levine: that's not the majority of the bitshares project[6/24/2014 10:06:59 AM] Adam B. Levine: the interesting part is the underlying technology they've reinvented[6/24/2014 10:07:02 AM] Niceplum: no, but that is a ponzi[6/24/2014 10:07:07 AM] Adam B. Levine: no, that is a confidence game[6/24/2014 10:07:12 AM | Edited 10:07:14 AM] Adam B. Levine: a ponzi implies there is a guy named ponzi[6/24/2014 10:07:14 AM] Niceplum: which technology?[6/24/2014 10:07:20 AM] Adam B. Levine: delegated proof of stake[6/24/2014 10:07:23 AM] Niceplum: where[6/24/2014 10:07:26 AM] Adam B. Levine: they're on alpha chain 5[6/24/2014 10:07:32 AM] Niceplum: source?[6/24/2014 10:07:38 AM] Adam B. Levine: bitsharestalk.com[6/24/2014 10:07:41 AM] Adam B. Levine: good luck[6/24/2014 10:07:44 AM] Adam B. Levine: [6/24/2014 10:07:48 AM] Niceplum: actual source?[6/24/2014 10:07:51 AM] Niceplum: is it on there[6/24/2014 10:07:55 AM] Adam B. Levine: yeah hang on[6/24/2014 10:08:40 AM] Adam B. Levine: https://bitsharestalk.org/index.php?topic=5250.0[6/24/2014 10:09:45 AM] Adam B. Levine: both NXT and Bitshares are really attacking confirmation times, which things like msc and xcp demonstrate are quite long in the bitcoin paradigm where blocks occasionally take an hour[6/24/2014 10:09:58 AM] Adam B. Levine: it didnt used to matter[6/24/2014 10:10:16 AM] Adam B. Levine: but now when actions are only as granular as how long it takes for it to be included in a block, suddenly it's a lifetime[6/24/2014 10:10:43 AM] Niceplum: BitShares isn't a cryptocurrency though, how is it possible to compare them[6/24/2014 10:10:50 AM] Adam B. Levine: how can you say that?[6/24/2014 10:11:16 AM] Niceplum: because the whitepaper defines it as a decentralized for-profit bank?[6/24/2014 10:11:33 AM | Edited 10:11:39 AM] Adam B. Levine: that's like saying bitcoin isn't a cryptocurrency because its whitepaper defines it as decentralized cash[6/24/2014 10:11:50 AM] orperelman: lol[6/24/2014 10:11:52 AM] Adam B. Levine: cryptocurrency is a broad categorical classificaiton having to do with how the network actually works, not what it calls itself[6/24/2014 10:12:08 AM] Niceplum: well then its not decentralized cash[6/24/2014 10:12:28 AM] Adam B. Levine: it's a token that can be transmitted irrevocably to any network connected terminal[6/24/2014 10:12:37 AM] Adam B. Levine: call it what you, that's a token and tokens are cryptocurrencies[6/24/2014 10:12:48 AM] Niceplum: irrevocably? but isn't that against the idea of TaPOS[6/24/2014 10:12:52 AM] Adam B. Levine: unless you're talking about the kind you hold in your hand[6/24/2014 10:12:56 AM] Niceplum: where people vote whats valid and not[6/24/2014 10:12:58 AM] Adam B. Levine: TaPOS was thrown out[6/24/2014 10:13:07 AM] Adam B. Levine: [6/24/2014 10:13:12 AM] Adam B. Levine: this is DPOS[6/24/2014 10:13:18 AM] Niceplum: DPOS?[6/24/2014 10:13:21 AM] Adam B. Levine: TaPOS was (Transactions as Proof of Stake)[6/24/2014 10:13:28 AM] Adam B. Levine: DPOS is Delegated Proof of Stake[6/24/2014 10:13:36 AM] Niceplum: which means?[6/24/2014 10:13:43 AM] Adam B. Levine: Feel free to read up on it[6/24/2014 10:13:52 AM] Adam B. Levine: github link is in the thread linked earlier[6/24/2014 10:13:55 AM] Niceplum: its not transparent forging is it[6/24/2014 10:14:00 AM] Adam B. Levine: it seems similar[6/24/2014 10:14:20 AM] Adam B. Levine: but its not based on your stake, its based on the stake people throw behind you based on transparent performance[6/24/2014 10:14:52 AM] Adam B. Levine: votes are cast automatically I believe for the best performing delegates judged by transaction inclusion rate, long term consistency, etc[6/24/2014 10:15:03 AM] Adam B. Levine: but i am not an expert on this at all[6/24/2014 10:15:32 AM] Niceplum: massive house of cards[6/24/2014 10:15:43 AM] Adam B. Levine: just a guy who has been watching and talking with and yelling at the larimer folks to know they might look like a ponzi, but really they're just engineers who have no desire or ability to control optics[6/24/2014 10:16:05 AM] Adam B. Levine: you're making me want to defend them just because I don't think you actually know what you're talking about, and that's odd because I"m quite annoyed with them.[6/24/2014 10:16:21 AM] Adam B. Levine: if you have specific complaints please make them, don't just throw mud[6/24/2014 10:17:31 AM] Niceplum: it cannot remain decentralized indefinitely, but I'll leave it to someone more technically knowledgable to argument that[6/24/2014 10:18:04 AM] Niceplum: brb[6/24/2014 10:18:32 AM] Adam B. Levine: happy to chat with you seperately, I really don't get how you can say definitive things like "cannot" when that's true of ANY of these protocols, they can all be modified should the need be there so again it's like saying it's not cryptocurrency. Why this over all others?[6/24/2014 10:18:45 AM] Adam B. Levine: [6/24/2014 10:18:52 AM] Adam B. Levine: Incidentally your interview is running on Saturday[6/24/2014 10:24:03 AM] Michael Sullivan: Are delegates secure?[6/24/2014 10:25:45 AM] Michael Sullivan: Bitshares may finally be on right track, hard to know. But yeah it's been frustrating trying to keep up with the dev and tech branding over the past year.[6/24/2014 10:31:16 AM | Edited 10:31:21 AM] Adam B. Levine: I've got a technical friend looking at the delegate requirements right now, I might wind up being the face of a few while he runs the technical stuff on the backend. It's an interesting approach, complete transparency does in fact make it quite hard to cheat[6/24/2014 10:31:27 AM] Adam B. Levine: (for more than one instance)[6/24/2014 10:36:20 AM] Niceplum: isn't the whole result of proof of stake that the rich get richer?[6/24/2014 10:38:08 AM] Janislav: it is not different than with bitcoin. rich people buy a lot of miners and get richer[6/24/2014 10:39:23 AM] Adam B. Levine: right, the problem isn't how you get your resources but rather that some people have more resources than others[6/24/2014 10:39:43 AM] Adam B. Levine: This is another thing invictus tried to address, Protoshares was supposed to be CPU minable only and worked best on CPUs[6/24/2014 10:39:57 AM] Adam B. Levine: problem is, someone with money can just rent a bunch of servers from amazon by the hour and min/max, just like with any other way[6/24/2014 10:40:08 AM] Adam B. Levine: So the problem is that "stake" is capital-scalable, rather than human-scalable[6/24/2014 10:40:46 AM] Adam B. Levine: really what we want is as broad an even a distribution on a human level as possible, but there's no proof-of-unique-human yet that's easy and cheap and pervasive, so here we are[6/24/2014 10:43:23 AM] Niceplum: well, it will require some form of reputation system which assumes a consensus[6/24/2014 10:43:38 AM] Adam B. Levine: yep, so it won't happen[6/24/2014 10:43:50 AM] Niceplum: exactly[6/24/2014 10:43:59 AM] Adam B. Levine: thus, everybody does everything - Many of us watch them all, and whatever works we'll cannabilize
ABL wisely ignores me so I don't think I will get an answer from him. Although he has to have read my posts and is halfway to the moon wanting to respond to me. Anyway, I like Adam and nothing personal at the end of the day. Quote If you buy the Swarm token, whenever a project launches on the swarm platform 1% of the tokens (or it might be 1.5%, not looking at numbers) are distributed to all holders of swarm tokens... just like protoshares, except they actually have the tech ready and are doing it. So this Swarm having the tech ready and are doing it... Does anyone know more about this? I read their frontpage and it looked like another IPO trying to do the same thing already. I'm not sure what it means to have something working. Forked code? Is it from scratch? At what level are they functioning at ? Does anyone know ? Where can I see the code in action? I want to be shown I was wrong... or I guess I could go to their webpage.
If you buy the Swarm token, whenever a project launches on the swarm platform 1% of the tokens (or it might be 1.5%, not looking at numbers) are distributed to all holders of swarm tokens... just like protoshares, except they actually have the tech ready and are doing it.
I guess I could go to their webpage.
Umm, no. Criticism that is grounded in reality is fine. You don't like that I'm critical of Invictus and you certainly don't like that now many people are coming out of the woodwork echoing those things I've been complaining about for six months now. I'm sorry you don't like how I talk, but I've lost my patience after for months trying to help Invictus avoid these exact problems. You'll notice today Stan admitted that they should have followed my guidance and NOT gone from 10% allocated of BTS (PTS original plan) to 100% allocated (PTS/AGS) plan. But at the time they were ABSOLUTELY POSITIVE that nothing would go wrong, so why leave buffer when you can maximize for the shareholders. Now, the delegate system is FUCKED because the pie is all allocated and so we're talking about moving to an INFLATIONARY system after daniel made this gigantic stink about how wasteful mining is and how we're smarter and can do it for free.I get that you, like many, are all in. Just because you are doesn't mean the rest of us need to stick our heads in the ground like idiots and pretend things are going well. They're not. Invictus is WAY behind and that is assuming there are no more unknown unknowns that jump out and cause the system to be thrown out as TAPOS was before it.
I do not like many things in I3 and I say them publicly with a hope they will change for better!Let me tell you what I really do not like:-Starting an IPO for 10 MIL US Dollars;-Giving no clue what the company will actually do(not with the money, in general);-Appearing on the 3rd day and saying – 'Sorry for the delay, I was drunk from the IPO party 3 days ago';-Disappearing again with hardly any explanations…and you should not like those things more than me – your name is on their joke of a site…PS I think I am done with this topic.[edit] added 'do'
-Starting an IPO for 10 MIL US Dollars;
-Giving no clue what the company will actually do(not with the money, in general);
-Disappearing again with hardly any explanations…
and you should not like those things more than me – your name is on their joke of a site…
The reasons you call me a troll, have they become concerns for anyone else in the Bitshares community? Yep.... So I don't have to spend my time saying it. Invictus has made the wrong choices and not been very humble in doing so, that's not a problem I caused and it's not one you getting mad at me can fix.
Quote from: AdamBLevine on June 25, 2014, 12:58:08 amThe amazing bitshares community at work! See everyone? THIS is why you should pay 20% of your money supply to use the Bitshares toolkit, what an amazing deal.I am better off fight over misunderstandings all day long and even burning my money, than giving it to some of the projects you support - like swarm…[edit] 'better off fight over misunderstandings all day long and even'[edit] 'be' added.
The amazing bitshares community at work! See everyone? THIS is why you should pay 20% of your money supply to use the Bitshares toolkit, what an amazing deal.
Quote from: AdamBLevine on June 25, 2014, 12:58:08 amThe amazing bitshares community at work! See everyone? THIS is why you should pay 20% of your money supply to use the Bitshares toolkit, what an amazing deal.Do you have anything to say but be a troll ? I remember a few weeks ago you complaining about your donations taking too long due to PTS problems. Now PTS problems are a great place to start pointing out the mistakes of I3, but it demonstrated you were clearly still donating. What other projects do you use your real name to just constantly troll ? Surely we should see this behavior from you elsewhere or I would think something is going on.....So TonyK says something you don't agree with and you somehow tie it into the "Bitshares community" as a whole. Then you somehow tie that into the funding model which as of a few weeks ago you appeared to still be supporting. Huge jumps in logical thinking afoot.
There were two ways to read your statement and due to the sensitive legal nature of these fundraisers I had to make sure it is absolutely clear that I have no involvement in Swarm nor any other token swap fundraiser. I apologize if I was harsh.
Think before you write idiocy
If you think that, you leaving, MIGHT signal your disagreement with this move is extremely idiotic, I apologize. I just keep in high regard people who are able to do so. If you think I am idiot for thinking you might have such noble reasons, I apologize
Quote tonykSr. MemberPosts: 352 Re: [FYI] SWARM project will be livestreaming its crowdsale launch! Monday 6/16 8pm« Reply #22 on: June 22, 2014, 05:40:03 PM »QuoteRecent Ethereum connection !https://bitcointalk.org/index.php?topic=653568.msg7411878#msg7411878What I find interesting (if the post is indeed true) is that after the ex Invictus CEO leaves a particular company it seems that said company follows with large IPO/money collection activities of no small size…This is pure fud. I had nothing to do with swarm and consider Joel to be an unstable idiot with limited respect for the law. I spent months of my life in Switzerland and with countless lawyers studying how coin swaps should be interpreted under the howey test and forming an SRO. Dan and his term alone are responsible for angel shares. I would have never endorsed something so reckless in the back yard of the us. Think before you write idiocy
tonykSr. MemberPosts: 352 Re: [FYI] SWARM project will be livestreaming its crowdsale launch! Monday 6/16 8pm« Reply #22 on: June 22, 2014, 05:40:03 PM »QuoteRecent Ethereum connection !https://bitcointalk.org/index.php?topic=653568.msg7411878#msg7411878What I find interesting (if the post is indeed true) is that after the ex Invictus CEO leaves a particular company it seems that said company follows with large IPO/money collection activities of no small size…
Quote from: charleshoskinson on June 24, 2014, 06:08:59 amQuote tonykSr. MemberPosts: 352 Re: [FYI] SWARM project will be livestreaming its crowdsale launch! Monday 6/16 8pm« Reply #22 on: June 22, 2014, 05:40:03 PM »QuoteRecent Ethereum connection !https://bitcointalk.org/index.php?topic=653568.msg7411878#msg7411878What I find interesting (if the post is indeed true) is that after the ex Invictus CEO leaves a particular company it seems that said company follows with large IPO/money collection activities of no small size…This is pure fud. I had nothing to do with swarm and consider Joel to be an unstable idiot with limited respect for the law. I spent months of my life in Switzerland and with countless lawyers studying how coin swaps should be interpreted under the howey test and forming an SRO. Dan and his term alone are responsible for angel shares. I would have never endorsed something so reckless in the back yard of the us. Think before you write idiocyI didn't get the impresiion he was slurring you in any way. If anything it calls into attention the motives of others, not yours.
call me crazy, but for some reason I can't really explain my gut told me to pick up a hundred swarm shares just in case, in spite of the fact that all logic makes this look like a scam. so i did. *fingers crossed*
'I can't wait to see what they do next' Adam B L I am curious too.
The btc address they listed received 727 BTC when I checked just now. Why they said 25% of 4500 BTC on website. Also they moved btc almost instantaneously after confirmed to other addresses, any reason?
Quote from: clout on June 17, 2014, 11:56:32 pmQuote from: liondani on June 17, 2014, 09:57:00 pmQuote from: tonyk on June 17, 2014, 08:40:08 pmLet’s ask our own Adam B Levine why he supports the project.because of counterparty (xcp) ?Because he has no idea what he is talking about...Hoping I do not come across as an a hole for sayin this, but I wonder if adam will say anything about this "unfair distribution method" like he does for bts ...even with the messed up mining launch of pts, it is still more "fair" than this..
Quote from: liondani on June 17, 2014, 09:57:00 pmQuote from: tonyk on June 17, 2014, 08:40:08 pmLet’s ask our own Adam B Levine why he supports the project.because of counterparty (xcp) ?Because he has no idea what he is talking about...
Quote from: tonyk on June 17, 2014, 08:40:08 pmLet’s ask our own Adam B Levine why he supports the project.because of counterparty (xcp) ?
Let’s ask our own Adam B Levine why he supports the project.
8% of the holdings goes to the Swarm reserves, which is split between founders, swarm representatives, and bounties for specific projects. We wanted to avoid a large pre-mine, since that creates misaligned incentives: https://gist.github.com/fractastical/b236024cd106e97b38d0. That said, we thought if there was no pre-mine then founders and early contributors would have less incentive to see the project to completion. We hope we've reached a healthy balance.
Yea, they want 21k BTC in the fundraising.....Phase One consists of 4,000 Bitcoin; people participating on day one will receive 5,250 SWARM coin per Bitcoin. As more Bitcoins are received, the number of SWARM coin distributed will decrease to 4,750 until the end of Phase One. After a short cooling-off period, there will be a Phase Two with a 17,000 Bitcoins cap with a conversion rate of 4,250 SWARM coin, decreasing to 3,750 per Bitcoin until they are all gone.
You have to be an idiot to invest in this