Quote
BBR and the sharkfund0 -- "Boolberrys market cap stands at around $400,000 and a 10 percent share already obtained by sharkfund0, most of which will be going into the SuperNET core would cost only 80 BTC." -- from your pdf. Now how can one read this, tell me? Two ways:
1. You are investing coins from sharkfund0 into supernet, market rate or not, doesn't matter. Effectively propping Supernet with watever btc (4k BTC, was it?) sharkfund0 has. A market news of Supernet raising say 7k BTC (doesn't matter if it contains 4k BTC from sharkfund0, is a market moving news, isnt?)
2. You are investing a percentage of the sharkfund0 into supernet (keeping in with the risk mitigation and all). Say 40% of sharkfund0 --- that wud amount to only effective 4% of BBR being invested. Wouldn't it?
Now as you clarified (or provided proof
) that you will be investing your personal sharkfund0. Fair enough. How much do you hold? And how much of BBR wud it represent? Not 10% for sure.
The text you quote is from an older version, cassius wrote the document and I missed the potential confusion, so as soon as somebody else pointed this out we modified it. If this text is still in the current version then I must have made a mistake in the uploading. I was having many connection problems that day (and most days). So I apologize for this error, I believe it has been corrected and you have an older doc. as far as my percentage of sharkfund, you can just look in the acct: http://nxtreporting.com/?a=NXT-SQ9J-JCAN-8XVY-5XN7K&c=USD1. You are investing coins from sharkfund0 into supernet, market rate or not, doesn't matter. Effectively propping Supernet with watever btc (4k BTC, was it?) sharkfund0 has. A market news of Supernet raising say 7k BTC (doesn't matter if it contains 4k BTC from sharkfund0, is a market moving news, isnt?)
2. You are investing a percentage of the sharkfund0 into supernet (keeping in with the risk mitigation and all). Say 40% of sharkfund0 --- that wud amount to only effective 4% of BBR being invested. Wouldn't it?
Now as you clarified (or provided proof
) that you will be investing your personal sharkfund0. Fair enough. How much do you hold? And how much of BBR wud it represent? Not 10% for sure. I have 521 sharkfund0 right now. I used to have 800+, but in order to pay for core assets held by the various operating assets, I had to swap a all my NXTventure, JLH and a big chunk of my sharkfund. I did most transfers within a few minutes, but there was one that had some hours gap. I forget the exact swap, but half was pending for some few hours. Now I am rounding, so when I see 6989495 or something like that I round it to 7 mil. It could be that for some marketrate swaps I am guilty of some fractional gains due to this rounding. If this is an issue, please specify which swaps I am guilty of having benefited from and I will refund the difference. Though, it would only seem fair that in the cases the rounding error went against me, I should get a credit, so I ask that you calculate all these roundings and the net difference between myself and the various assets, and this I will refund. Let me know if you think that is fair.
My ears are burning
trythisnow: this misunderstanding (let's be charitable and call it that, shall we?) is possibly due to my own misunderstanding. This was a point we corrected once already because I made a mistake.
If this hasn't been resolved to the extent you require, please let me know the form of words that you would like to see at that point in the document. It is possible that I continue to misunderstand the point in question and your clarification would be helpful - if you are genuinely interested in helping to clarify this.
No need to answer if not.