Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
by
Jack Needles
on 30/08/2016, 17:33:07 UTC
I just don't understand why it has to be more lucrative to buy in with FIMK than it is with BTC and why, even though all HEAT set aside for FIMK buyers was sold out, they still get the 1.45 multiplier Smiley.

Wow dude, I really don’t understand your hangup here.

Without knowing the multiplier ahead of time (and how it applied to each asset class), it would have been very difficult for traders to get the best deal on HEAT.  The rules were clear, and those who wanted to work for the best deal on HEAT arbitraged through the various asset classes to get that deal. (And those who worked through FIMK had more difficulty by trading through an illiquid market).

Would you punish those traders who worked through FIMK for the deal?   Or the long term FIMK holders who funded the initial one man year of HEAT development?

I commend your decision to support HEAT development with a cryptocurrency of known value and with more liquidity.  However, that decision does not grant the entitlement to whine about it now.

All HEAT sold are treated as equal.  That's just the way it is.