Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET IPO - ICO conducted by Poloniex
by
jl777
on 01/09/2014, 03:08:19 UTC
Summary:
jl777 is full of shitty assets, most of them valued and attached to shitty NXT coins which are worth nothing.
Even though he has sold these same assets again and again by mixing them one with another, in forms nobody can understand, and selling them again and again to NXT holders and BTCD holders, now he wants to sell the same thing again to so called supernet holders.
This way he can convert his illiquid assets to precious BTCs which by the way is the only coin or asset in crypto which has real value.
Since this asset, Supernet will also be traded as a NXT asset it will quickly become worthless as well.
In reality none of James assets have any value at all as he very well knows. He is just exchanging his shit by BTCs and that's all that people need to know about this shitty investment.
Potential investors take note of this, you will remember when the time comes.

And by the way James, you will do better if you just concentrate your efforts in one thing you like, just one thing at a time, and do it well and finish it, you will realize it is done better this way. Most of your ventures are just unfinished vaporware and have no value at all. Plus NXT is an unsuccessful shitty coin with no value. Trying to bring more people to it will not work. The smart people will stay away from that.
Plus the Super centralized superShit you are trying to develop is not going to work with so many decentralized solutions already working and now available.
The markets and not you will decide which are the coins that deserve survival.


Interesting you use this almost year old acct with only one other post. Its an aged sockpuppet! Since you are not brave enough to use your real handle and are resorting to using profanity (though a weak form), I think many will be dismissing you as a troll.

Now you do actually have some valid points, so let me highlight them for the others.
NXT assets are not liquid and I am converting them to another NXT asset, so logic follows that these also wont be very liquid. However, if by chance they do become liquid, then I believe that would then mean that there is a NXT asset that is liquid.

Which kind of invalidates your bold statement about the value of NXT assets and NXT in general. So either I am not gaining anything by converting one asset to another, or NXT assets do have tremendous value in some cases. My limited knowledge of logic does not allow me to see a way these do not contract each other. Maybe you are using some of the new types of logic?

I am a multitasker, if I did just one thing it would take just as long and all the others are making no progress. Some people in NXT were saying I was working on too many projects, I should just work on one. Now I seem to have done decently in making people's investments in my assets have some gains. As far as the tech goes, I am writing ~40,000 of C since the beginning of March, MGW is basically in maintenance mode, Teleport is 90%+ coded and I am waiting to start debugging as soon as I get a new release from other dev, InstantDEX is ~70% complete, Tradebots are done except for adding the libraries, Privatebet is one that is definitely slipping, but there are two others that are working on things with longer expected times than my portion, so I aim to catch up to them and finish before this year is done.

I am waiting for the helpers to assist me with the coding, I have a public repo: https://github.com/jl777
Other than MGW, it might not be fully complete, but I assure you that the completion of these others are progressing roughly on schedule. I just cannot control the timing when I am waiting on others for portions of it. Also, I am not talking about GUI, I dont do GUI, so the time for the GUI to complete is out of my control.

If you believe that prior to crypto that I never coded and just one day magically was able to write code like I do, then let me say that I have been coding for some time and that these crypto projects are not my first codings of 14yr old. Rather than talk about things I achieved in the past, I prefer to show what I am able to do in the present. Also, for the projecting of the near future functions that are available, I believe I am not the first one to do this. In any event the investor capital is for the investing side and not paying for any of the dividends in the future. Even as you say if all my $1.6+ million USD were worthless, since I am limiting them to 10% of the total value, this is at worst like a 10% load closed end fund. On the high side, but this is assuming there are zero dividends and that $1.6 million USD has no value. Can you tell me what school you went to?

James

P.S. When did I ever say I am choosing the surviving coins? My goal is to make all of crypto grow in value by multiples, even the cryptos not in the CORE. All coins will be able to access the CORE, so everybody can benefit. UNITE

Thanks James, you have answered yourself.
None of your assets/ventures are finished. As you say no one is at 100%. They are all unfinished stuff. Anyhow you have already sold them several times to NXT and BTCD holders and want to sell them again and again, now to new so called supernet holders. You are asking these potential investors to give you bitcoins in exchange for, as you yourself say, a new illiquid asset in order to cash in your other illiquid assets.  All your so called assets are not only unfinished but illiquid as you yourself recognize. As you well know they have no real value at all.
You say you have $1.6 million, I would say you imagine so, you do not have anything until you cash out which you can not do and is exactly what you are trying to do now by passing the shitty ball to other people: reselling and reselling time and again the same stuff which you have divided and subdivided again and again with no supervision. You well know it's all worthless.
Being super centralized around you and your three other partners making the decisions surrounding coins and with no possible supervision, SuperShit will surely NOT succeed. Decentralization is key and should be the purpose of all crypto.
And by the way James, now that you ask, I went to MIT, just curious what school did you go to then?

This is truly a sad day in the history of MIT's reputation then
I am not divulging any information that will help in identifying me. I was never so good a student, I kept falling asleep in class.

Let us assume your MIT logic is sound and all my assets are worthless and NXT is worthless and all the altcoins are worthless. Then of course only bitcoin has any value, but maybe that's worthless too. Maybe only fiat has value? Or maybe only gold? This is ok, you are welcome to keep money in BTC or fiat or gold. So everybody that agrees with you should not invest. I think this is a good public service you are doing.

Now where I come from, something is worth what someone else is willing to pay for it. So, even though the volumes might be low, it is trading at $1.6mil marketcap. This is just the portion I own, I think combined they are having around $10 million maketcap, but this other $8 mil+ are in the pockets of people that believed in me and while I am generally not selling my assets (I have in some cases to raise some cash needs) a lot of the early investors I am seeing have sold a fair amount of the assets they purchased from me. I am not tracking this in details, but it is all public data on https://trade.secureae.com/#10524562908394749924
That is for MGW, which is also #72 on coinmarketcap now. everybody can see every trade that is happening, so all of this talk of selling over and over without supervision, seems quite silly. I do agree that I dont have any supervision, I stopped needed to be having a baby sitter a few years ago. If there is any specific tx you are having a question on, I am happy to answer. I have made market value swaps between the assets and all of these are on the blockchain. It is like the coding to me, sometimes it just feels better to have some asset in one acct vs the other. For instance with sharkfund0, I rearranged it so it became a good single purchase that reflects the Teleport. Now someone can just buy that and know that it will perform better if Teleport does better.

I see you did not take the economics/business in your MIT, but it is a tech focused school so that is understandable. My asset linkages are based on something that I saw and thought made some sense, so did an entire country: http://en.wikipedia.org/wiki/Keiretsu

So now your logic is saying that even though people are trading ~100 BTC per day http://coinmarketcap.com/exchanges/nxt-asset-exchange/ that NXT assets have no value. Curiously one of these assets is a BTC equivalent. I hope you are not saying that BTC has no value too.

Anyway, there have been many complaints that all my assets makes some confusion, so in a way SuperNET is a solution for this as it is putting in the key jl777 assets all in one place. If you want to invest in me (and all the other cryptos I approve of), just get SuperNET.

Now I am not forcing any coin to join the SuperNET core, but decentralization means everyone can decide for themselves if they want to or not. I am designing the SuperNET so that it is an option for any coin's users. They can enter the SuperNET or not, their choice. The coins, they can decide to give their users the option of having the option to enter the SuperNET or not.

please post with your real handle next time. I am not liking talking to an aged sockpuppet.

James