Thoughts about @Phoenix

[crypto_coiner]

Nu has ~7 M NSR on the orderbook.

For which purpose and regulated by which motion?

15 M NSR are at over 300 satoshi which price hasn’t been at since June 2.
13 M NSR.

Not Nu ownership? whose ownership?

[cryptog]

He destroyed a huge investment and sits on 100s of Bitcoins since his attack.

Any proof?

In any case, I urge shareholders to stop complaining and act (including me).

In any case, we ll know if @Phoenix is a scammer or not by looking at what he does with the 20m NSRs.

[jooize]

For which purpose and regulated by which motion?

Raising funds for liquidity provision.

• [Passed] NSR sale and NBT burn
• [Passed] Standard and Core

The Standard was calculated and FLOT NSR sent the equivalent value in NuShares to me who put them up for sale at Poloniex.

whose ownership?

Unknown traders.

[crypto_coiner]

The Standard was calculated and FLOT NSR sent the equivalent value in NuShares to me who put them up for sale at Poloniex.

Sounds good – now, is it to burn NBTs (reduce the sell side) or replenish the buy side in BTCs?

[jooize]

• Exchange sales of NuShares at Poloniex are for Bitcoins, which are intended for buying US-NBT. When and how rapidly these Bitcoins should be traded for US-NBT I haven’t learned yet.
• Auction sales of NuShares are for US-NBT, which are burned.

[mhps]

@Phoenix wants to execute the model most of us believed in,

Who are “us” ? I don’'t see most community members supporting.

[jooize]

My perception is that most community members did support the overall model until the crisis. Do you think differently?

[mhps]

My perception is that most community members did support the overall model until the crisis. Do you think differently?

Most if not all community member didn’t know the version described by @Phoenix before the crisis. Now the model is explained but the river has changed. Two main issues are recognized after crisis by the community’s: credible revenue and credibility of @JordanLee / @Phoenix.

[creon]

@jooize not sure if you believe what you write or are part of the whole thing (I don’t think so). You really should look more into the technical details of this technology and I am actually convinced that you will understand it.

20M is 2% of the supply, but roughly 15% of the staking weight. If you look at the voting then you cannot possibly imagine that this is a decentralized election. Then look at the NSR price, which got poorly pumped (not even professionally) a couple of days ago where JL took credit for several times.

You are being betrayed and @jooize, you are currently the executor. You have the real id account at Poloniex, and you follow blindly whatever JL says. Just that you know: What he did is illegal and consequences will follow, and you are right now his partner.

Looking forward to your proposals

But not on your blockchain.

[Cybnate]

20M is 2% of the supply, but roughly 15% of the staking weight

Not with the current difficulty. I still have quite a few shares and not making a dent with the voting for my own proposal.

[crypto_coiner]

What he did is illegal and consequences will follow

illegal in what sense?
Please elaborate the illegality of the deeds –

But not on your blockchain.

OK – let us try on ethereum + smart contracts –
this will cost much less and I have already a fair amount of followers on which we could pump the token.

[cryptog]

Not with the current difficulty.

What would be your estimate?

[Cybnate]

What would be your estimate?

My best estimate would be that 20M represents between 5% and 10% staking weight at current difficulty. Guessing probably closer to 5%. Difficulty is increasing very fast.

[cryptog]

Diff rising is not a bad thing.

[crypto_coiner]

My best estimate would be that 20M represents between 5% and 10% staking weight at current difficulty

How do you infer this?
Interested

[GreatScott]

Whether the model is flawed is always up for debate.

presented with the level of detail

I’d just like to point out that this is not up for debate. Jordan doesn’t respond to any concerns. It is a one way discussion and any questions about the details get abruptly ignored to this point.

What ever happened to @tomjoad? He always seemed to be JL’s rubber stamp to me. Has he pulled a Phoenix, also?

[cryptog]

I think JL is a nobody now in this community. Even if he shows up again he d have no credibility whatsoever, imho.
JL can still be active behind the scene though.

[creon]

illegal in what sense?

It is very simple to make a legal case against JL because of fraud, market manipulation and theft. He knows exactly why he needs to stay anonymous, at least he tries to.

[crypto_coiner]

It is very simple to make a legal case against JL

Ok-- l am very interested.
Lets talk about that.
What’s your skype ID?

[creon]

You really shouldn’t use skype but I understand that it is very common in business related environments.

But at this point I also would not like to disclose any information I may or may not have about this case.