Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
jl777
on 07/09/2014, 18:43:38 UTC
...failures to implicate jl777 in any wrong doing...

...

I am the anti-lawyer

James

Wow. That was pretty good.

People are really trying to take you down. No one has even come close. After reading this thread and watching the way you've handled this whole situation I can see why the NXT community is willing to trust you with millions of dollars.
thanks. I do like the sound of anti-lawyer Smiley

The low level grunt trolls get vaporized and the mid level sr member paid trolls get their reputations destroyed the psycho trolls make my hallofshame spot in the OP and a blog mention

so now they are hiring paid pros, probably not so crypto, maybe from some law or acct firm to look and sound convincing.

In our corner we are getting respected devs and tech legends expressing support.

I am liking our odds. Since most of the opponents are probably taking the weekend off and wont really find out about this till Monday. some sort of quick planning session they will have and we will see some flood of nonsense to buy time while they really try to find some way to attack SuperNET. Since SuperNET is, well, SuperNET with my estimated worst case risk of -20% and upside of ?, I will lose access to 9 times more BTC than I get access to, the 99% is in escrow to be managed by common sense rules based on the data set of the PDF file + the posts in this thread at the moment of first deposit, and assetholder voting from here. The biz plan itself combining advantaged investments, supertraders, NXTventure on the finance side and the core assets + all the new services, to me it seems a bit sparse as far as capital usage goes with 80%+ BTC dormant, but this serves to reduce the risk, so I think this is needed until we start generating the cashflow. When we start getting the penny per day per user, then it would be time to better utilize the capital. After all if using 20% the capital will double in a year, that is 20% return, but if we can find ways to utilize 80% at the same ROI, this of course is 80% return.

once people realize SuperNET will accept the best money making ideas of the community, I expect there will be plenty of short term quickturn ways of getting good margin. It takes money to make money and SuperNET will have an excess supply. In any case all this is post closing of the fund raising and will be decided by the assetholders. Still I need to strategize what sorts of areas are highest probability for success.

Anyway, I think it will be hard for them to attack a adaptive business model decided by the assetholders and implemented mostly by volunteers. So, maybe they will be attacking the tech? I hope they do a code analysis, then they can find any flaws and point them out. If there are any. But, the investment is at book value valuing all the software and future revenue streams at zero. So, this will probably not be so effective of an attack. personally I think the future revenue flow will quickly become more valuable than whatever capital comes in, but this is my gift to the SuperNET assetholders.

So, they will attack me. What else do they have? I am anonymous, I must be evil. I think that is pretty much all they have, but I have always said this and the people investing are knowing this and real world id is overrated anyway.

Maybe their attack strategy meeting will take all day Monday. Aha! I know they will wait for me to signoff and then start a FUD storm, this is probably their best strategy. So I might have to activate my clone to get 24 hr coverage. Smiley

James