StewieG



Offline



Activity: 532

Merit: 500









Hero MemberActivity: 532Merit: 500 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 03, 2017, 05:38:07 PM #2141 Quote from: tetra on January 03, 2017, 02:27:51 PM Well you surely have an expenses sheet. Could you please simply show that to us? Thats pretty normal

Oh thank you, see guys I am not the only one who has this question on his mind! If they would provide an expenses sheet we would know that they are not scamming us. The only thing I can not understand is why the Heat devs do not provide this! I am still waiting for arguments why my questions are out of line.... So far people could only criticize my personality! This is sooo weak and I will not respond to such childish behaviour! Eiter you have some real arguments or you don't!



Quote from: umop-apisdn on January 03, 2017, 04:02:38 AM What's funny is that StewieG feels that if HEAT is not released, he gets to be right about something and if HEAT does get released StewieG gets to say, "I helped make it happen"...lol At this point he can't afford to shut up and has no choice but to keep his position 'stewing'. Regardless of what Stewer is thinking and whether or not he is right about any of it, it's always interesting to see smart articulate people like him (albeit impatient) melt down and prematurely misdirect their energy in an attempt to piss away a piece of their portfolio because they (can't be wrong) let themselves mix emotion and money...



Also StewieG, for someone as good as you at calling out scumbaggery and helping others not to invest in this or any other project of this team's, you sure are giving a good lesson on how to fud (regardless if you are truly being honest)...this here folks is how it's done!!! First lesson here kids, is that you have to make a pathology out of the fud...got to believe yourself first before you can be a true 'SpewieG'



The coolest part about all this is that I know exactly what you're going to say next...so I'm gonna DM it to a couple people so, like you, no matter what happens, I can take some credit for what happens from you next...

Lol, it seems like you are reflecting your own motives for doing what I do on me. The reasons you state why I am doing it are completely false. This might would be your motives in this situation, but mine are different, I am simply pissed off. It is as easy as that! No matter what he outcome will be, these guys will never see one dime of me again, this is the worst experience I ever had in the cryptoworld and I am simpl glad when this is over! I have no clue in what project you were involved, frankly I don't care, this is about Heat. What is funny is that you think HEAT will maybe not be released. I never said that, in fact nobody ever doubted that. You seem to know more than we do! A scam does not necessarily involve no product, simply filling your own pockets is enough to be called a scam. This is why I want to know their salary. Maybe you didn't read all my posts. My criticism was mainly about that they leave us in the dark! There were deadlines, which were not met! Next they say these deadlines never existed, which is just a cheap lie! They don't even know how much money they collected, nor do they provide any proof where the money actually is right now! Can you at least understand that people are pissed off? How can we know that this is no scam? The simple answer is we can't. But the developers could easily provide answers to all my questions, which would give confident back to the investors, but for some reason they don't! In my opinion they owe us that proof, they collected money from us and we want to know where they spend it. This is totally normal in any company on the stock market. Can you understand that this is pissing people off? If not, I understand why people were angry at your project too. Just imagine HEAT would have half the community Ethereum had when they were starting! The shitstorm about such behaviour would have been unimaginable! It is not much that I and others too ask.

And good for you that you seem to know what I will say, beside the fact that is very poor that you need confirmations to boost your low ego, next time make a hash of that and precommit it to Twitter, otherwise you don't even have proof of that you amateur! So yeah on being cool and take credit for that! I know your next answer will not address my questions to you and you will simply try to call me a bully and will try to tell others reasons why I post what I post, because this is in your opinion the easiest way to attack me and get rid of me, but trust me it will not work. Would be nice if I was wrong, but duh..

.



Oh thank you, see guys I am not the only one who has this question on his mind! If they would provide an expenses sheet we would know that they are not scamming us. The only thing I can not understand is why the Heat devs do not provide this! I am still waiting for arguments why my questions are out of line.... So far people could only criticize my personality! This is sooo weak and I will not respond to such childish behaviour! Eiter you have some real arguments or you don't!Lol, it seems like you are reflecting your own motives for doing what I do on me. The reasons you state why I am doing it are completely false. This might would be your motives in this situation, but mine are different, I am simply pissed off. It is as easy as that! No matter what he outcome will be, these guys will never see one dime of me again, this is the worst experience I ever had in the cryptoworld and I am simpl glad when this is over! I have no clue in what project you were involved, frankly I don't care, this is about Heat. What is funny is that you think HEAT will maybe not be released. I never said that, in fact nobody ever doubted that. You seem to know more than we do! A scam does not necessarily involve no product, simply filling your own pockets is enough to be called a scam. This is why I want to know their salary. Maybe you didn't read all my posts. My criticism was mainly about that they leave us in the dark! There were deadlines, which were not met! Next they say these deadlines never existed, which is just a cheap lie! They don't even know how much money they collected, nor do they provide any proof where the money actually is right now! Can you at least understand that people are pissed off? How can we know that this is no scam? The simple answer is we can't. But the developers could easily provide answers to all my questions, which would give confident back to the investors, but for some reason they don't! In my opinion they owe us that proof, they collected money from us and we want to know where they spend it. This is totally normal in any company on the stock market. Can you understand that this is pissing people off? If not, I understand why people were angry at your project too. Just imagine HEAT would have half the community Ethereum had when they were starting! The shitstorm about such behaviour would have been unimaginable! It is not much that I and others too ask.And good for you that you seem to know what I will say, beside the fact that is very poor that you need confirmations to boost your low ego, next time make a hash of that and precommit it to Twitter, otherwise you don't even have proof of that you amateur! So yeah on being cool and take credit for that! I know your next answer will not address my questions to you and you will simply try to call me a bully and will try to tell others reasons why I post what I post, because this is in your opinion the easiest way to attack me and get rid of me, but trust me it will not work. Would be nice if I was wrong, but duh..

psychosis7



Offline



Activity: 84

Merit: 10



severe mental disorder







MemberActivity: 84Merit: 10severe mental disorder Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 03, 2017, 06:45:48 PM #2143 Well you guys invested in something that wasn't built yet. So... wait.



This is why I don't do ICOs. You can get the coins on an exchange afterward and sometimes cheaper than the initial ICO.



Anyhow, I hope everything works out for HEAT. I would like to see this thing come to fruition.

Eliphaz Fimk



Offline



Activity: 774

Merit: 500





Heatledger.com







Hero MemberActivity: 774Merit: 500Heatledger.com Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 01:18:38 AM #2145



Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.



About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:



In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;



Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers



Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals



Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance



Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations



That's a few... Indeed quite an eye-opening exercise to write it up!



Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.



In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies



We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.



The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.



"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.



I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.



I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.



In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated. It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;That's a few... Indeed quite an eye-opening exercise to write it up!Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them fromWe're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do."Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▌ ████ ████ ████████████ █████ ████████████████ ▐

▌ ████ ████ ████████████ █████ ████████████████ ▐

▌ ████ ████ ████ ████ ████ ████ ▐

▌ ██████████████ ████████████ ████ ████ ████ ▐

▌ ██████████████ ████████████ ████ ████ ████ ▐

▌ ████ ████ ████ █████████████ ████ ▐

▌ ████ ████ ████████████ █████████████████ ████ ▐

▌ ████ ████ ████████████ ████ ████ ████ ▐

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄



██ ██████ ██████ ██████ ██████ ██████

██ ██ ██ ██ ██ ██ ██ ██ ██

██ ██████ ██ ██ ██ ▄▄▄ ██████ ██████

██ ██ ██ ██ ██ ▀▀██ ██ ██ ██

██████ ██████ ██████ ██████ ██████ ██ ██

▒

▒

▒ HEAT 3.0 Blockchain .

............... With 1000+ tps .................

▒

▒

▒ P2P Direct .

Crypto exchange .

▒

▒

▒ DEX since 2017

............ Issue assets .............



StewieG



Offline



Activity: 532

Merit: 500









Hero MemberActivity: 532Merit: 500 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 01:21:26 AM

Last edit: January 04, 2017, 04:23:28 AM by StewieG #2146









Quote from: Eliphaz Fimk on January 04, 2017, 01:18:38 AM



Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.



About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:



In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;



Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers



Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals



Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance



Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations



That's a few... Indeed quite an eye-opening exercise to write it up!



Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.



In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies



We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.



The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.



"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.



I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.



I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.



In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;That's a few... Indeed quite an eye-opening exercise to write it up!Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them fromWe're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do."Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

THIS IS AN EDIT TO THE LAST COMMENT WHICH WAS POSTED A FEW SECOND BEFORE I POSTE THE ABOVE!:



Thanks for implying I would belong to the non inteligent ones of your community you high nosed condescending cunt! Yes I can read between the lines! Thanks for writing such a long text, In guess you did that so nobody will read the whole thing, or if they did, would feel sorrow for you! But let me telll you a big fat fuck you! You still try to avoid me directly! Yes people can see that! Instead you pretend to answer my very legitimate questions by writing long bullshit texts and avoid to answer my questions! The one question you answered so far was when the coin will probably come out, fine, I can live with that answer! Other questions you avoided. Yes I can name you a project that told people everything about their expenses, ETHEREUM, they even had ads about hiring people with a concrete salary and you think Vitalik would keep it a secret how much he takes out of the funds?! I bet he works for free on the project, but that is not the point right now. You snobs try to avoid any specifics and are pissing a lot of people off right now! At last now you are "kind of" admitting that you didn't meet the deadlines you provided. This you should have done a long time ago, instead you tried to blame it on your investors and pretended that we were the retards that didn't know what the deadlines were, when clearly you were the ones who were incompetent to know your own promises! You guys are just the worst, I have never seen such shameless cryptoscammers in my entire experience in the cryptoworld! Shame on you" And if you are man enough you can address me personally and don't need to pretend that you answer somebody else's questions when you are clearly responding to my comments! Provide a sheet of all your expenses and the salary you two fucktards paid yourself! You talk about oh I don't have a 10k salary, you think I fell sorry now!? You guys piss me off so hard, this is unfuckingbelieveable!



P.S.:

"Financial: Company Budgeting - creating investor decks and brochures - ", are those points out of some management book?! The task you list, the way you list them, it is so not credible, just provide one of those "... writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents -...", please, I just want to see some actual work... xD



@HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!THIS IS AN EDIT TO THE LAST COMMENT WHICH WAS POSTED A FEW SECOND BEFORE I POSTE THE ABOVE!:Thanks for implying I would belong to the non inteligent ones of your community you high nosed condescending cunt! Yes I can read between the lines! Thanks for writing such a long text, In guess you did that so nobody will read the whole thing, or if they did, would feel sorrow for you! But let me telll you a big fat fuck you! You still try to avoid me directly! Yes people can see that! Instead you pretend to answer my very legitimate questions by writing long bullshit texts and avoid to answer my questions! The one question you answered so far was when the coin will probably come out, fine, I can live with that answer! Other questions you avoided. Yes I can name you a project that told people everything about their expenses, ETHEREUM, they even had ads about hiring people with a concrete salary and you think Vitalik would keep it a secret how much he takes out of the funds?! I bet he works for free on the project, but that is not the point right now. You snobs try to avoid any specifics and are pissing a lot of people off right now! At last now you are "kind of" admitting that you didn't meet the deadlines you provided. This you should have done a long time ago, instead you tried to blame it on your investors and pretended that we were the retards that didn't know what the deadlines were, when clearly you were the ones who were incompetent to know your own promises! You guys are just the worst, I have never seen such shameless cryptoscammers in my entire experience in the cryptoworld! Shame on you" And if you are man enough you can address me personally and don't need to pretend that you answer somebody else's questions when you are clearly responding to my comments! Provide a sheet of all your expenses and the salary you two fucktards paid yourself! You talk about oh I don't have a 10k salary, you think I fell sorry now!? You guys piss me off so hard, this is unfuckingbelieveable!P.S.:"Financial: Company Budgeting - creating investor decks and brochures - ", are those points out of some management book?! The task you list, the way you list them, it is so not credible, just provide one of those "... writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents -...", please, I just want to see some actual work... xD

MoveCrypto



Offline



Activity: 364

Merit: 250





move that crypto







Sr. MemberActivity: 364Merit: 250move that crypto Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 01:30:01 AM #2147 Quote from: Eliphaz Fimk on January 04, 2017, 01:18:38 AM



Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.



About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:



In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;



Tech related: Systems design - UI outlines - Writing specs - Scheduling - Prioritization - Pseudo code - Real code (rarely) - Server setup and management - Forum backend management - Security setup on servers - Security maintentance on workstations - Writing docs for partners - Scouting fintech news and competition - staying informed about crypto - sorting out user issues - interpreting highly technical material from dev for human consumption - Initiating, specifying and managing subcontractor projects - wrapping up product lines to be sold to customers



Interpersonal: Primary feedback channel to / from lead dev - managing existing partner meetings / communication - managing new partners - managing advisor material - managing advisor meetings - Primary feedback channel to / from advisors - managing forums - managing trolling and complaints - user support - subcontractor communication - exhibition and convention communication - writing and practicing public speeches - attending public events - writing press releases - managing press contacts - staff intermediator communication - staff acquisition - managing public sector contacts - managing public sector facilitators / lobbyists (mostly inherited from FIMK) - managing potential investors - managing marketing - preparing co-operation and joint venture proposals



Financial: Company Budgeting - creating investor decks and brochures - managing shareholder's equity - planning ways for fairly equal compensation when both partners live in different regulatory environments - designing most profitable routes in crypto-BTC-EUR shuffling full duplex - designing auxiliary supporting businesses like exchange gateways - leveraging experience for plans of maximum HEAT value appreciation - managing cryptocurrency accounts securely - deciding on liquidation and arranging ways - managing compliance issues with crypto liquidation, both ways exchanger and bank - paying invoices - preparing tricky but legally required crypto bookkeeping for accountant - preparing invoices - preparing offers - managing 3rd party compensations and gathering receipts from crypto expenses to EUR world for accountant - paying wages - optimizing current and future company moneyflow and corporate strategy with advisors' assistance



Regulatory: Staying updated on crypto legal issues - arranging partner agreements - preparing for legislative changes 1-2 years ahead with accountants - writing e-money licensing documents with partner - clarifying e-money licensing authority issues - preparing technical documents - investigating foreign regulatory environments - supplying aggregate infos for accountant's reporting - inventing new ways to remain legal yet operative with the nonexistent / changing regulations



That's a few... Indeed quite an eye-opening exercise to write it up!



Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.



In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them from Cryptocurrency Business for Dummies



We're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.



The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do.



"Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.



I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.



I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.



In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

It's very refreshing to see the recent reasonable comments and understanding from several intelligent posters in this thread. Thank you! Also thanks for the New Year's wishes - we're looking forward for a prosperous one with all the HEAT investors. We're in the same boat. The only difference between our role and that of our investors is that we're rowing the boat, whereas you're currently the passengers.Meanwhile we're moving onto the final ~2% of the HEAT core services implementation to deliver the Genesis block this month, a few clarifications are in order.About the role of General Manager +CEO, like myself, in a very small company such as Heat Ledger Ltd:In the crypto sphere the role of personnel outside the lead developer is nearly always hazy to the outsiders. Running business however, especially registered Ltd company in a high bureaucracy - legally uncertain - novel regulatory environment - entails a variety of tasks not obvious especially for persons not familiar with owning business. It may be useful to list here some of my daily / weekly / monthly tasks below;That's a few... Indeed quite an eye-opening exercise to write it up!Some of the 20-year experience from multitasking becomes handy. Without that, and some specific personal skills in seeing the big picture and being able to surf in it with often incomplete information and especially unsatisfactory status of issues (such as genesis redemption user support - blame me, it's unfortunately one of the least high priorities on my list of high priorities), I don't believe doing this work would be possible.In my work there's no routine - except in manually assembling the genesis block, which is massively boring!. Usually the different parts come in streaks, and some tasks are far and inbetween such as the customer related things now that we don't have many customers yet (they're not completely nonexistent). However all of the above is part of what I actually do, I didn't just pick them fromWe're hiring marketing and technical key personnel. That can't be done quick, however it's finalized before our backs break. We're not lonely bachelors either - we try to live up to the expectations of our families to the extent possible. It's walking on a thin line, but it's the choice we've already made long ago.The compensation me and Dennis receive from the company is moderate, at a level or somewhat lower than a lead java software architect and CTO would receive when working for a third party in a high tech EU country. Nowhere near $10k a month, just covering our expenses so at this point before there's real turnover we're not getting rich by the wages. Why I'm not disclosing the exact amounts - it's not customary, not good business practice and not wise. Can you tell us any crypto project leaders who disclose their wage? If you can, please do, I'm as curious as you. Regardless, we still won't do that. We're not hiding anything. We're following best business practices like proper businesses do."Company expense sheet" whatever is meant by that, is the same. Some time this year the shareholders of Heat Ledger Ltd will receive access to the the company's annual report in which this data is available. Probably a lot of figures need to be made available for the share issue in the next months. HEAT token holders are NOT shareholders. HEAT tokens can be used, through the HEAT options (in Feb hopefully) to obtain shares for half the price.I did mention we've burned less than 30% of the crypto funds during the first 6 months of company operations. It's not difficult for any interested person to follow the money from the ICO accounts. Eth is untouched, Ardr is untouched, some NXT and some BTC have been liquidated to a.) cover the costs and b.) a healthy bank account balance at the end of 2016. Large chunk of the BTC is still inaccessible at the exchanges. Rattling suspicions that we'd be somehow be using ICO funds covertly are inconsiderate. We're regulated business run by family men with strong morals under highly monitored legislation. That's a combination preventing misuse of investor funds, period.I wrote the first paragraph as parable to point out the stark contrast - to the misdirected ideations of us being in some kind of position of privileged exploitation towards the HEAT investors. Such is not and can't be the case. Investors have funded the HEAT business venture, which will either succeed or fall depending on our skills and choices taken. We're chained until we've delivered profit OR at least tried our very best. If you want to see exploitation, look rather the other way. Investor is free after he has funded a project. The receiver of the investment is NOT free but bound to work until given best effort. The burden isn't light and there's no escape from it other than the work intended.In reality there's no exploitation of course, but co-operation. It works best when virtues such as patience, goodwill and bona fide expectations are cultivated.

Sounds like we are still on the launch pad, checking all systems before takeoff



Sounds like we are still on the launch pad, checking all systems before takeoff

https://komodoplatform.com/ MoveCrypto for Komodo Notary

umop-apisdn



Offline



Activity: 39

Merit: 0







NewbieActivity: 39Merit: 0 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 01:48:42 AM #2148 Quote from: StewieG on January 04, 2017, 01:21:26 AM @HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!







Haha and there we have it folks...





Seriously mate, you've posted in this thread over 70 times, most of which have been repetitive, childish, fud filled posts and you're still asking why they aren't answering your questions...you been blocked pal!!!



You do realize who you're hurting with all this, don't you. If you had spent an equal amount of time and energy spreading honey through half the posts that you've written, you'd be a lot farther in your journey for answers. I can only hope that you don't inefficiently row your douche canoe through your day life like you do here, because there are much more effective and happier ways of getting what you want....

StewieG



Offline



Activity: 532

Merit: 500









Hero MemberActivity: 532Merit: 500 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 01:57:10 AM

Last edit: January 04, 2017, 02:08:50 AM by StewieG #2149 Quote from: umop-apisdn on January 04, 2017, 01:48:42 AM Quote from: StewieG on January 04, 2017, 01:21:26 AM





@HEAT_DEVS people talk about me that I made sockpuppet accounts. I did not! I could state the same about you guys now. Nonetheless The ice you walk on is very thin. Questions I asked are reasonable questions, if you continue to ignore them and with them your community you will make no progress, which means your project is lost! Do you really think you will grow in the next year? This is what is ineresting to your investors , especially if you want to sell company shares!!!!!!!! I would love to make a profit with HEAT but the way you behave there is no chance to make a profit. Even if I was not here you think anybody will take you seriously? ANSWER ME! I am not a troll coming out of nowhere!!! I AM ONE OF YOUR INVESTORS FOR GOD SAKE! You must be delusional to keep ignoring me!

Haha and there we have it folks...





Seriously mate, you've posted in this thread over 70 times, most of which have been repetitive, childish, fud filled posts and you're still asking why they aren't answering your questions...you been blocked pal!!!



You do realize who you're hurting with all this, don't you. If you had spent an equal amount of time and energy spreading honey through half the posts that you've written, you'd be a lot farther in your journey for answers. I can only hope that you don't inefficiently row your douche canoe through your day life like you do here, because there are much more effective and happier ways of getting what you want....

Haha and there we have it folks...Seriously mate, you've posted in this thread over 70 times, most of which have been repetitive, childish, fud filled posts and you're still asking why they aren't answering your questions...you been blocked pal!!!You do realize who you're hurting with all this, don't you. If you had spent an equal amount of time and energy spreading honey through half the posts that you've written, you'd be a lot farther in your journey for answers. I can only hope that you don't inefficiently row your douche canoe through your day life like you do here, because there are much more effective and happier ways of getting what you want....



Dont't worry I know you paid with FIMK! Respod to my arguments, metaaargumentation won't bring you anywhere my friend!

LemonAndFriesOne



Offline



Activity: 1050

Merit: 1000







LegendaryActivity: 1050Merit: 1000 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 09:16:10 AM #2152 Quote from: Eliphaz Fimk on January 04, 2017, 08:48:59 AM Quote from: LemonAndFriesOne on January 04, 2017, 07:35:46 AM Just wondering if it's even worth keeping them, will it still have support in future after HEAT launches?

Can't tell what you consider worth keeping, however the association has committed to supporting the FIMK network for at least 4 years, of which 2.5 have passed. There are currently about 10 active nodes and 15 forgers at any one time, the same average as it has been during the past couple of years.



We have some low priority FIMK projects in progress. The FIMK token isn't a speculation token, however it's in our own interests to make it appreciate in value. We occasionally do work towards that goal when time allows.



It's intended that FIMK would eventually become integrated into the HEAT multicurrency wallet.



Can't tell what you consider, however the association has committed to supporting the FIMK network for at least 4 years, of which 2.5 have passed. There are currently about 10 active nodes and 15 forgers at any one time, the same average as it has been during the past couple of years.We have some low priority FIMK projects in progress. The FIMK token isn't a speculation token, however it's in our own interests to make it appreciate in value. We occasionally do work towards that goal when time allows.It's intended that FIMK would eventually become integrated into the HEAT multicurrency wallet.

I never bought into it because of speculation, the inital was because it seemed like a good idea of what your team was trying to do. The whole basic income idea I liked, and this was when it was just known to be a Finnish coin.



Thanks for the answer, I just kind of held on to my FIMK for 2+ years and I like the HEAT idea, I just don't know how much of the original concept is still in HEAT. I never bought into it because of speculation, the inital was because it seemed like a good idea of what your team was trying to do. The whole basic income idea I liked, and this was when it was just known to be a Finnish coin.Thanks for the answer, I just kind of held on to my FIMK for 2+ years and I like the HEAT idea, I just don't know how much of the original concept is still in HEAT.

airgonomike



Offline



Activity: 69

Merit: 0







NewbieActivity: 69Merit: 0 Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* January 04, 2017, 03:10:25 PM #2153 Quote from: Qiuyue201 on January 04, 2017, 11:17:33 AM Devs, don't forget to contact Bittrex in advance. Being listed there ASAP after launch would be nice.



In other news I am quite impressed how well the price is holding despite all the FUD. Most alts fell down during the BTC rally and only now they are recovering and HEAT is quite strong. Of course HEAT/BTC ratio might not look that well at first sight but remember how cheap was BTC back then during the presale and how strong it is now. Well done!



Well for the moment we're at half the BTC Stage 2 ICO price... So not that good. Well for the moment we're at half the BTC Stage 2 ICO price... So not that good.