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On page one of this topic I asked how much is left of the coins. That question has never been answered. I invested in this project. So, I have an interest. I voted for a refund.
Once again.
Lauda, please tell us how much of each coin is currently available for the refund. A simple accounting of how much was sent to the project (with a date) would be nice. If alt coins were exchanged into BTC the dates and amounts received would also be nice information to have. If you can't answer these questions, I have to wonder how your Escrow group (CET) can even exist. The basic idea of third party escrow is to account for ALL funds.
If the answer to these questions exists somewhere, please point me in the right direction via a link.
Thank you.
Once again.
Lauda, please tell us how much of each coin is currently available for the refund. A simple accounting of how much was sent to the project (with a date) would be nice. If alt coins were exchanged into BTC the dates and amounts received would also be nice information to have. If you can't answer these questions, I have to wonder how your Escrow group (CET) can even exist. The basic idea of third party escrow is to account for ALL funds.
If the answer to these questions exists somewhere, please point me in the right direction via a link.
Thank you.
As far as the conversion of ALT coins to BTC, I see that the post NEVER stated that they were converted.
So, Lauda, Blazed and Miner Jones. As the escrow agent of ALL coins, and in the interest of TRANSPARENCY, please answer the following:
How many of each coin are still in escrow?
Were any converted to another coin?, If so, when and how much was converted and the exchange rate.
How much was distributed and to whom (amounts, dates, and coin type)?
What kind of docummnetation did the founders provide to prove that each milestone was achieved that triggered a distribution?
Please provide addresses to verify this information.
As escrow agent you hold a fiduciary responsibility to the investors. If you continue to not answer these questions that is considered a breach of your fiduciary responsibility.
Thank you.
So, Lauda, Blazed and Miner Jones. As the escrow agent of ALL coins, and in the interest of TRANSPARENCY, please answer the following:
How many of each coin are still in escrow?
Were any converted to another coin?, If so, when and how much was converted and the exchange rate.
How much was distributed and to whom (amounts, dates, and coin type)?
What kind of docummnetation did the founders provide to prove that each milestone was achieved that triggered a distribution?
Please provide addresses to verify this information.
As escrow agent you hold a fiduciary responsibility to the investors. If you continue to not answer these questions that is considered a breach of your fiduciary responsibility.
Thank you.
All the alt coins were converted to BTC last year after the ICO...total investment was 3055 BTC per a post from Lauda.
The Post from Lauda back than was only the conversion rates so everybody could calculate how much nvst he will get it never states that they directly convert the alts to btc
and they didnt convert them.
I think Lauda is the person to answer that question. It should be fairly simple question to answer as well as how much is in all of the accounts. Awaiting that answer.
People think the 1400 BTC in Escrow are not high enough and that lauda stole from the altcoin funds,
But they simply dont wanna do math thats all so i help a bit.
At first i wanna write that these numbers arent 100% accurate becaus i doesnt exactly know how many altcoins really got converted at start its just an estimate with this in mind.
This calculation shows how much Altcoins lost in value compared back than with the value now Left the value in btc when we invested right side the value now.
in BTC
LTC: 131.806919857 now 70.544134084
XRP: 143.421843806 now 59.4388254915
ETH: 792.971309565 now 298.760281758
MAID:149.88903042 now 29.1265901
DASH:136.835085363 now 44.8986655922
WAVES:52.1873061717 now 10.1257557693
DOGE: 25.6991926573 now 8.7235791589
ETC: 31.3899723712 now 8.2679004029
Total: 1464.20066 now 529.885732357
btw. 529btc + 1590(direct BTC Invest) =2119 btc
around 600 btc to tonbi so we are at 1519 btc
75 btc to nemgun we are at 1445 btc
minus the fees for the escrow around 1400 btc
looks completly normal to me..
I repeat the numbers are not 100% precise becaus i dont know the exact number ton got or nemgun or how much fees its just an estimate to show everyone that 1400btc isnt far of.
But they simply dont wanna do math thats all so i help a bit.
At first i wanna write that these numbers arent 100% accurate becaus i doesnt exactly know how many altcoins really got converted at start its just an estimate with this in mind.
This calculation shows how much Altcoins lost in value compared back than with the value now Left the value in btc when we invested right side the value now.
in BTC
LTC: 131.806919857 now 70.544134084
XRP: 143.421843806 now 59.4388254915
ETH: 792.971309565 now 298.760281758
MAID:149.88903042 now 29.1265901
DASH:136.835085363 now 44.8986655922
WAVES:52.1873061717 now 10.1257557693
DOGE: 25.6991926573 now 8.7235791589
ETC: 31.3899723712 now 8.2679004029
Total: 1464.20066 now 529.885732357
btw. 529btc + 1590(direct BTC Invest) =2119 btc
around 600 btc to tonbi so we are at 1519 btc
75 btc to nemgun we are at 1445 btc
minus the fees for the escrow around 1400 btc
looks completly normal to me..
I repeat the numbers are not 100% precise becaus i dont know the exact number ton got or nemgun or how much fees its just an estimate to show everyone that 1400btc isnt far of.
All the alt coins were converted to BTC last year after the ICO...total investment was 3055 BTC per a post from Lauda.
I just want to know how much was distributed by you. Surely this is an easy question for you to answer since you control the BTC funds.
That's an entirely different question from 'seeing the accounting'. Follow the first address or wait for me to wake up again; whichever is easier for you.Also, I assume the forks of Bitcoin Cash will be distributed back to members.
No. Everything will be sent in BTC.If you could kindly post the amount when you have a moment I would apprecite it. Thank you.
So the Bitcoin Cash was converted to BTC? When was that done?
Lauda, Where can I see the accounting for the project? Or can you post a copy of the accounting here?
Not an accountant. Ask someone from the project to provide it (if they have it).I am not asking for a complete accounting from them. I just want to know how much was distributed by you. Surely this is an easy question for you to answer since you control the BTC funds. Also, I assume the forks of Bitcoin Cash will be distributed back to members.
Funny that I logged onto the the NVO.io page today asn saw nothing has changed. First time I looked in 6 months and then I remembered this was escrowed with cpaital releases upon milestones. Since it appears project is dead I searched for the project and found this thread. So, it appears there will be a refund. Glad to hear it! Where do I sign up? And what happens with the Bitocin Cash that was forked in August last year. I assume those will be refunded as well.
It's been over three months since the Bitcoin Cash fork and every time I request information on when they will be distributing these coins or providing us with an equivalent BTC based on August 1st holdings they point me to a blog entry on their website that was written on August 4th. One of the reasons they said they can't support or distribute was that there BTC processor, BitGo, was unable to support Bitcoin Cash. Well BitGo reported at the end of August they are supporting Bitcoin Cash.
Why is Paxful not distributing Bitcoin Cash? My theory is that they already sold the coins and used the cash and were hoping the price would go to zero and they could just say it wasn't worth anything so they don't need to distribute anything. Problem is it has value...lots of value. Last inquiry I made (today, Nov 3rd) they said they were "monitoring" the Bitcoin Cash situation. Monitoring for what? Hoping the price goes to zero?
Why is Paxful not distributing Bitcoin Cash? My theory is that they already sold the coins and used the cash and were hoping the price would go to zero and they could just say it wasn't worth anything so they don't need to distribute anything. Problem is it has value...lots of value. Last inquiry I made (today, Nov 3rd) they said they were "monitoring" the Bitcoin Cash situation. Monitoring for what? Hoping the price goes to zero?
I built two rigs at end of May, sold one about a week ago for 1k more than I paid for the parts to build it. And I got to mine with it for 5 weeks. I am about $350 from breakeven on the whole mining investment. Very happy I sold the one rig! Difficulty is crazy. However, I would like to see the price of ETH drop more in the short term. Weed out the weak hands and give me the opportunity to buy more! 
You are getting shares accepted, so that is good.
https://ethermine.org/miners/"insert your address here, without quotes"
You dont need geth...use Myetherwallet, once you have a payout.
https://ethermine.org/miners/"insert your address here, without quotes"
You dont need geth...use Myetherwallet, once you have a payout.
So I manually configured the fees in Electrum to: 2.645 sat/B. Transmitted about 24 hours ago, still no confirmations. If it takes a month I don't care. Not desperate for the coins. Also, pointing my cloud mining to an exchange...working. Let the exchange consolidate for me!
Just got my first confirmation....28 hours...
Sell them on eBay.
Very good plan! Difficulty is only going to get worse....
So I manually configured the fees in Electrum to: 2.645 sat/B. Transmitted about 24 hours ago, still no confirmations. If it takes a month I don't care. Not desperate for the coins. Also, pointing my cloud mining to an exchange...working. Let the exchange consolidate for me!