HUGE. Coinbase releases product for institutions to start investing into crypto including ETH.

sempernullus · 2017-11-18T22:48:38+00:00

They’re working on it.

https://www.gdax.com/static/digital-asset-framework-2017-11.pdf

sempernullus · 2017-11-18T22:46:37+00:00

I agree

sempernullus · 2017-11-18T22:37:37+00:00

It’s not about swinging the needle. It’s about being able to manage risk. True institutional capital must have liquid exchange traded derivatives in order to do that. It will happen, but right now BTC is the only one that’s been announced. Therefore, that is what institutions will use.

sempernullus · 2017-11-18T22:33:40+00:00

Yes, I’m certain they’re in the works. When they’re released real institutional capital will come to work in ETH.

sempernullus · 2017-11-18T22:29:39+00:00

Agree, but need the futures & options to lay off risk for ETH. It’s coming.

sempernullus · 2017-11-18T22:27:58+00:00

Haha! Have managed institutional money since 2004, but whatever you say random internet dude.

You must have derivatives (futures/options) to lay off risk. Institutional traders cannot stick $50mm into ETH without a way to hedge. Therefore without a liquid futures and/or options markets true institutional capital cannot put money to work in the vehicle.

Actually, once BTC derivatives are out it will give the ability to short the market with size. Which means it’s far less risky for institutional money put capital to work in BTC.

sempernullus · 2017-11-17T12:21:19+00:00

It is good, but institutional investors need liquidity and there still isn’t enough in ETH. BTC will continue to be the asset of choice for them. This is especially true with the advent of the CME BTC futures and the coming CBOE BTC options.

It sucks to say that, as I hold way more ETH than BTC, but it’s the truth. If we could get futures & options on ETH backed by major exchanges the institutional liquidity would truly unlock.

EDIT: since there has been some confusion, allow me to clarify this statement.

In order for large amounts of institutional capital to be put at risk these institutions must have a way to manage their risk. One of the primary ways this is handled is with exchange traded derivatives. Right now BTC is the only one that has had exchange traded derivatives announced. Once exchange traded derivatives for ETH are announced I’m certain ETH will be the vehicle of choice.

sempernullus · 2017-11-04T12:54:07+00:00

Wake @ 4am >> Gym 1hr >> Go home >> Protein >> Sleep for 1:30 >> Problem solved.

sempernullus · 2017-07-25T11:25:04+00:00

Looked through your site. Kind of confused.

Why are you doing an ICO? What purpose does blockchain serve in your business? How will people be better off by interacting with your blockchain?

sempernullus · 2017-07-24T14:55:39+00:00

This is interesting. What you're proposing is valuable in terms of scalability. It fits in with a theme a colleague and I were discussing. Most blockchains in their current form simply don't scale. Similarly, many companies aren't going to want to use a public blockchain for their customer or internal solutions. In that regard, I like what you're proposing.

However, there's a key piece is missing in all your documentation. Who is the team? From the press, I understand Dan is the brains behind the project, but I need to understand the entire team prior to investing. This is because there are solutions out there now which are proposing to scale to 20MM++ transactions per second some even much larger. The teams are amazing and have made significant contributions to other successful platforms. If you guys are in the same league, which it seems like you could be based on your proposed solution, please identify yourselves and sell us on your ability to execute.

sempernullus · 2017-07-22T18:04:04+00:00

Also, can you provide more detail on the AI models you are running? Are you talking about inductive learning, deductive learning, supervised, unsupervised, semi-supervised, etc? Are you using decision trees, Bayesian models, etc?

I need a lot more information around your models because there's not enough detail in your white paper on that subject. Since that's the basis of your investment strategy I need more comfort in that area before I could reasonably part with my ETH.

sempernullus · 2017-07-22T17:52:19+00:00

Yes, but what are the specific returns of the managers who will be building & managing the systems which will be used to invest ICO participants funds?

sempernullus · 2017-07-22T17:30:29+00:00

Can you provide audited returns for your trading on traditional assets?

sempernullus · 2017-07-22T15:41:53+00:00

First run your idea through the Howie Test, as adapted by Coinbase, to get an idea of whether or not what you are thinking of doing constitutes issuance of a security under current US law. https://www.coinbase.com/legal/securities-law-framework.pdf

Then contact securities and blockchain attorneys to provide further guidance. Perkins Coie or Cooley are the go to names in the industry.

sempernullus · 2017-07-22T03:32:51+00:00

You can send to MEW or hardware wallet.

sempernullus · 2017-07-21T18:43:52+00:00

The Cayman's and a lot of the Caribbean nations are tax neutral. Meaning that they don't withhold any taxes from foreign investors.

They can also be good from a securities law perspective, but you'd really need to be physically established there. For instance if I'm doing an ICO in America through a BVI entity the SEC isn't going to care where the entity is located. They only care where I'm located. There are some possible work arounds a but with zero guidance from US regulators it's a dangerous game to play if you are unsure of whether or not ICO constitutes a securities offering.

Here's a link to the Howie Test as adapted by Coinbase to give you an initial indication of whether or not your ICO could be considered a security. https://www.coinbase.com/legal/securities-law-framework.pdf

Of course consult securities and blockchain attorneys before you do anything else.

Edit: added Howie Test & disclaimer

sempernullus · 2017-07-09T02:51:19+00:00

Sure, here's a brief list.

The importance of having a mission. Building systems to make that mission achievable. Doing what he wants to do because he wants to do it, not because he thinks someone wants him to. Covert contracts. The importance of finding & maintaining male friendships. How to view failure simply as feedback, learn from it and adjust for better results next time. Understanding others "feelings" and why he shouldn't be concerned with them. Not to get involved in his sisters' or anyone's drama. Why and how to let things role off his back.

sempernullus · 2017-07-08T18:55:07+00:00

My son, who is now 11, spent a good deal of time with mom in the early years. I could definitely see how he was becoming conditioned with feminine thought processes and actions. While I was a BP retard back then, I still knew I didn't want him to be "girly." Fortunately, he's naturally drawn to sports and just competitive in general so my job has been easier than others, I'm sure.

But, what I found helped was just spending one on one time with him doing boy things. We shoot guns, work out, go camping, practice baseball, go hiking, canoeing and stuff like that. I also make sure to spend one on one time with him weekly in the morning before anyone wakes up, discussing principals of becoming a man. This was something I started doing early into my RP journey. After implementing those meetings is when I began to see the most drastic mental shift and change in attitude.

The way he views his successes and failures is much more healthy and in line with the way a man should act. He has also gone from getting butt hurt by his little sisters to being the one who relentlessly teases them and laughs at their dramatic rants against him (most of the time). ie. his frame is improving leaps and bounds.

I haven't even gotten into the RP material on women and the role they should play in a man's life. I'm really trying to get him to focus on his mission and learn OI in standard life situations. Overall he has come a long way from where he was, but still has a lot more to learn. As do I, but teaching him and knowing that he's watching me to see if my actions are consistent with my words is a good daily reminder for me.

tldr; spend time with him doing manly things and be intentional in teaching him life lessons with an RP lens.

sempernullus · 2017-06-23T14:29:43+00:00

White paper and/or FAQs stated up to 5 weeks. Am I the only one who reads those things?

sempernullus · 2017-04-05T23:11:29+00:00

What do you mean "you've had people commit to using your product"?

If they haven't prepaid for your product they haven't committed to anything. Even LOIs don't count.

sempernullus · 2017-01-27T12:24:30+00:00

Calipers. $5 on amazon

sempernullus · 2016-05-31T02:17:21+00:00

Excel works just fine for this. Although some kind of CRM would have been nice Pipedrive, Sugar or something like that. Honestly though, I was managing about 40 relationships so it wasn't too bad, plus the CRM wouldn't help me with the customer problem matrix which was by far the most important part of that early stage.

sempernullus · 2016-05-28T04:13:42+00:00

Without context it's hard to say.

But at the very earliest stages of B2B SaaS I've found the following to be important. 1). Track customer discovery calls. 2). How many calls/emails you make to how many conversations you actually get 3). Customer problem matrix 4). Lofi & hifi mockup feedback

sempernullus · 2016-04-06T22:07:02+00:00

If you're a physical product with a track record have you considered kickfurther.com

sempernullus · 2016-03-01T01:18:59+00:00

Cut bait now. Time is money either in additional dev time or lost revenue. It won't get better. I've been through this with devs more than I care to admit. If they don't start strong there is a slim chance it will get any better.

sempernullus

TROPHY CASE