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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: tom14cat14 on September 26, 2014, 01:21:12 AM



Title: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on September 26, 2014, 01:21:12 AM
ICO Ended- Did not meet MIN BTC for ICO terms Refunds will happen as soon as Bittrex Audits their system
!!Important Announcement!!

Message from Bittrex:
Bittrex will be hosting the EnvyCoin ICO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ICO; no other conditions are required.

* We will review the wallet before initially adding it.
* We will hold all Premine Coins - 50M. All unsold coins will be destroyed at the end of the ICO.
* The ICO will run for 7 days starting September 28, 2014
* In addition to ICO terms, if at least 5M ENVY is not sold, success criteria will not be met.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ICO is over we will verify there is working wallet, blockchain, and block explorer.
* We will hold the funds in escrow for 3 days - at which time, we will release the funds.
*No trading of the coin will be allowed until the ICO ends and escrow is released.
 *ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ICO, you are agreeing to the above terms.

https://bittrex.com/Market/Index?MarketName=BTC-ENVY (https://bittrex.com/Market/Index?MarketName=BTC-ENVY)


http://cryptoasian.com/wp-content/uploads/2014/09/ratingENVY.jpg




http://oi60.tinypic.com/kcz8fc.jpg

-----We are proud to announce Envy Coin-----
-----50M ICO coins @ Bittrex-----
-----Mining Share Profit Program-----
-----Business Plan-----
**Bittrex will escrow the ICO funds**



http://oi61.tinypic.com/2ch994j.jpg
http://www.pending.me.uk/cd/gre_1412546400.png
Sunday October 5th around 5 pm.
^ Mining Launch ^




http://oi61.tinypic.com/2egh17q.jpg
http://oi58.tinypic.com/2lcw9l3.jpg


Envy Coin [ENVY]
POW X11 Algorithm
-Max Coin Supply = ICO coins sold + PoW coins
-50- million ICO Coins Available
-0- Premine
Asset backed by Cloud Mining
60 Second Block times
10 Coins per block
​DigiShield​​

*Total ICO coins sold = Total PoW coins
**Total coins = ICO coins + PoW coins





http://oi59.tinypic.com/2wmjo8y.jpg


   Envy coin is an asset backed Crypto currency focusing on stability and usability. We plan to provide stability by having Envy backed by cloud mining. This will provide daily revenue for the coin. The cloud miners will be purchased with funds raised by an initial coin offering (ICO). The profit from the cloud mining will be split as follows: 10% will be reinvested in buying more cloud miners which will allow us to stay ahead of the difficulty curve. 5% will be dispersed to the development team. This will allow us to continue developing the coin and allowing them to have funds to pay to be listed on certain sites such as exchanges or merchant services. The remaining 85% will be returned to Envy coin holders who have signed up for profit share program. The holders will receive their respective percentage of the profit pool. It will based on your percentage of coins that have signed up. For example, if you have 1 million coins and there are 10 million coins enrolled you will receive 10% of the payout. Our calculation shows that you will earn your initial ICO purchase back within approximately 155 days. (Current BTC price and min ICO sold)

 


http://oi62.tinypic.com/b8u06r.jpg



•   Bittrex will escrow ICO funds
•   All ICO coins not sold will be sent to Bittrex and burnt
•   The ICO will be 7 days long
•   Price will be 2000 Satoshi per coin
•   Market cap of ICO is $400,000
•   50 million Envy will be sold in ICO
•   Min amount sold 5 million Envy
•   Transfers will happen once ICO has ended and Bittrex is satisfied that terms have been met



The ICO process- Sunday September 28th at 10pm GMT Envy will be listed on Bittrex. It will be listed at 2000 Sat until sold out or for 7 days, whichever comes first. Once complete Bittrex will determine if we have met the terms of the ICO. Once the terms have been met they will release the funds. Once we have the funds we will be purchasing various cloud miners to maximize profit while still keeping our exposure to one company limited.
   The reason for this price is because we wanted the price to be low enough most people can buy whole coins. With this price it sets us at a low enough market cap for what is provided it should have low downside risk. We went for a price that would give a ROI just for holding the coin and not considering the fact that we will aggressively working on getting Envy added to merchant service sites. As of the current condition as I write this our current projections show anyone who buys during the ICO will have ROI in approximately 155 days. (Current BTC price and min ICO sold)




http://oi57.tinypic.com/2j64cbc.jpg
V Mining Profit Share Program | Google Document V
http://oi60.tinypic.com/20gikoh.jpg (http://www.envycoin.com/profit-share.html)http://oi61.tinypic.com/nwhc95.jpg (https://docs.google.com/spreadsheets/d/1B2qTd_UwkVv-YdrCgP9h_Zyx1O6C-n-Lze2na0tvKPM/edit#gid=0)
^Document Links^

http://oi57.tinypic.com/b7jnkg.jpg (http://oi59.tinypic.com/35ks5c7.jpg)http://oi57.tinypic.com/2m6rbr4.jpg (http://oi60.tinypic.com/2mn0zl3.jpg)http://oi61.tinypic.com/mshwdz.jpg (http://oi62.tinypic.com/b6bza1.jpg)

^Full Size Image Links^


   To sign up for the mining profit share all you will need to do is have an Envy address where you will hold your coins (wallet or exchange). The amount held will determine your percentage of the profit share. It is based on your percentage of total coins enrolled.  You will need a BTC address. This is where the payments will be sent once a week (Goal is once a day). The last thing we need is your email so we can contact you if any problems or questions arise.




http://oi61.tinypic.com/2u5uved.jpg
V Main Website V
http://oi57.tinypic.com/ieotcj.jpg (http://www.envycoin.com/home.html)
^Link^



http://oi62.tinypic.com/286u6n6.jpg
http://oi57.tinypic.com/abtvsl.jpg (https://vid.me/FM0)



http://oi58.tinypic.com/xlw381.jpg
V Github | Windows | Mac | Linux V
*Wallets available after ICO ends*
http://oi57.tinypic.com/n2yh08.jpg (https://github.com/envycointeam/envycoin)
http://oi60.tinypic.com/2djnspt.jpg (http://www.envycoin.com/home.html)http://oi62.tinypic.com/2iqijdc.jpg (http://www.envycoin.com/home.html)http://oi62.tinypic.com/jiyfr8.jpg (http://www.envycoin.com/home.html)
^Links^



http://oi60.tinypic.com/2419ehl.jpg
V Business Plan V
http://oi57.tinypic.com/8zmoox.jpg (https://mega.co.nz/#!llh3GKSZ!gaWMmxFJIyZH9lSdfeJy54-6v6jtTxGeYNzWS8K7dV8)
^Link^



http://oi60.tinypic.com/hwzjtc.jpg
Development Team & Administration (Organization Plan)



Project Manager- Tom14cat14
Lead Developer- Earlz
Lead Designer- Testing Crypto
Lead Marketer- Sub Contracted




http://oi57.tinypic.com/214qlow.jpg
V Block Explorer V

http://blockexperts.com/img/logo.png (http://www.blockexperts.com/)

^Block Explorer Link^



http://oi57.tinypic.com/25s0dap.jpg
*Mining will start after ICO ends*
V Suprnova | X11-X13 Pool | Miner Pools V
http://oi62.tinypic.com/jjuxhx.jpg (https://envy.suprnova.cc/)http://oi57.tinypic.com/2wdnaxd.jpg (http://x11-x13-pool.org/envycoin)http://oi62.tinypic.com/a1mvy9.jpg (http://envy.minerpools.com/)
V Goldmin.es | BlueBerry-Pool | HashGoal V
http://oi62.tinypic.com/2s5z6mu.jpg (http://www.goldmin.es/)http://oi61.tinypic.com/200b5k.jpg (http://envy.blueberry-pool.com/)http://oi57.tinypic.com/2zemlir.jpg (http://hashgoal.com/)
V Xhash V
http://xhash.net/images/xhash_logo.png (http://xhash.net)
^Pool Links^



http://oi61.tinypic.com/xsu4g.jpg
V Cryptonator  |  CoinMarketCap | CryptoCoinRank | WorldCoinIndex V
http://oi60.tinypic.com/23rol61.jpg (https://www.cryptonator.com/rates/ENVY-BTC)
^Market Capitalization Links^



http://oi57.tinypic.com/2wdy9mr.jpg
V Bittrex V
http://oi58.tinypic.com/2dr9u6a.jpg (https://bittrex.com/Market/Index?MarketName=BTC-ENVY)
^Exchange Link^



http://oi58.tinypic.com/2w36ftj.jpg
V Facebook | Twitter | Reddit V
http://oi61.tinypic.com/kcmii0.jpg (https://www.facebook.com/profile.php?id=100008043975786)http://oi57.tinypic.com/21o3hj4.jpg (https://twitter.com/Envycoin)http://oi57.tinypic.com/s4nm7a.jpg (http://www.reddit.com/r/EnvyCoin)
V Pinterest | Tumblr | Kiwi IRC V
http://oi62.tinypic.com/2jeeahi.jpg (http://www.pinterest.com/TestingCrypto/envy-coin-envy/)http://oi60.tinypic.com/incxw0.jpg (http://envy-coin.tumblr.com/)http://oi58.tinypic.com/112fk44.jpg (https://kiwiirc.com/client/channel/#envycoin)
V CryptoCoinTalk | LiteCoinTalk V
http://oi61.tinypic.com/2i1cpaf.jpg (https://cryptocointalk.com/topic/17370-annenvy-envy-coin-ico-launch-92814-10-pm-gmt-hashlet-backed/)http://oi62.tinypic.com/13yqdt1.jpg (https://litecointalk.org/index.php?topic=22361.0)
^Social Links^



http://oi60.tinypic.com/21oa7n6.jpg
V     Chinese     ||     Spanish     ||     Dutch     V

http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=799509)http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=799750.0)http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=800710.new#new)
V     Indonesian     ||     French     ||     Portuguese     V
http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=800621.0)http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=807060.0)http://oi61.tinypic.com/32zp6de.jpg (https://bitcointalk.org/index.php?topic=800719)
^Translation Links^



http://oi61.tinypic.com/sq5iee.jpg
V Bounties V
http://oi58.tinypic.com/2eajyn7.jpg (https://bitcointalk.org/index.php?action=profile;u=260283)
^PM Link^



http://oi58.tinypic.com/30dbfwj.jpg

**Basically what we'll do is make it so that the total coin supply is double that of the amount of ICO coins that sell. So, right now it's 50 million ICO coins, and then 50 million coins will be minted by normal mining over 10 years. If we don't make the goal and only sell, say, 10 million coins, then only 10 million coins will be minted with normal mining over 10 years.

No matter how many coins end up being sold, if you buy 1% of the ICO coins sold, you will own 0.5% of the currency.

### Why not just buy hashlets?

This is the most common question I've heard. Envycoin comes with a number of features that command a premium.

1. You can't buy a pizza with hashlets. Hashlets are not divisible
2. Hashlets are not easily sold or exchanged. This is especially true with their new Hashpoints system
3. Hashlets come in many varieties. Giving someone a Hashlet Prime is different from a Hashlet Zen.
4. Automatic reinvestment. To ensure overtime you ideally make more money than you are now.
5. Bitcoin features. Including stealth transactions, multisig, etc

Although Envycoin can function as a proxy to Hashlets, this is not it's only goal. It's primary goal is a stable and non-volatile currency. Ideally, the mining inflation rate will equal the tendency to hold the coin for profit share revenue, yielding a fairly stable economic outlook.

### How do I know this isn't a scam?

Well, if this is a scam, it's a pretty shitty one. First off, Me and Tom, the Envycoin Team NEVER has access to the ICO funds. The only funds we have access to out of that is 5 BTC to repay Tom for the non-refundable ICO deposit.

Second, our idenities are not a secret by any means. If we run off, we know there will be repurcussions.

### Why 1000 BTC? Why not something smaller?

The more initial investment we have into the cloud mining platform, the more profit and faster ROI for everyone. With larger volumes, we get larger discounts.

### No way you'll get ROI in roughly 70 days

This might be true. We took difficulty increases and everything into account when calculating this number, but it's always subject to change.

### Why isn't the wallet out yet?

We have decided to keep mining closed up until after the ICO. We have a functioning network, but it is kept in secret right now. I have code reviewed many coins and am a very well qualified coin developer. We will strive to give at least 24 hours notice before mining will begin

### GAW is just a bunch of scammers

Tom has vetted GAW and we think they are legitimate. We see no reason to not trust them.

However, we are not focused only on GAW. Our initial investment will most likely be with them, but with the reinvestment fund, we are going to be trying to invest in other cloud mining firms. This is to minimize the risk of trusting a single entity with this amount of money.



Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:21:29 AM
Important announcements  10/1/14

Edit 9/30**
Here is one of the changes we will be doing since it does not look like we will be selling out. We want to make sure we protect all ICO investors for risking their money for this coin so we want this to be as safe of an investment as we can make it. Here is a post from Earlz explaining.

"Basically what we'll do is make it so that the total coin supply is double that of the amount of ICO coins that sell. So, right now it's 50 million ICO coins, and then 50 million coins will be minted by normal mining over 10 years. If we don't make the goal and only sell, say, 10 million coins, then only 10 million coins will be minted with normal mining over 10 years.

No matter how many coins end up being sold, if you buy 1% of the ICO coins sold, you will own 0.5% of the currency."

Just to add the block rewards will be changed accordingly to maintain 10% inflation for the first 6 months and 5% thereafter.


Edit 10/3**
I just want to make sure everyone saw. We will adjust the coin supply based on the amount of coins sold during the ICO. As long as we meet the minimum of 5 million coins sold the coin will be live. If we only sell 5 million then total coin supply will be 10 million. If we only sell 5 million coins the reward would be 1 Envy per Block for 6 months and then .5 Envy after that. This means 10% inflation followed by 5% inflation. (Of course % goes down as more coins are in circulation)


Edit**9/30
Expected ROI based on Minimum ICO sales and current BTC price 155 days. Remember this is if you hold the coin and do not sell it or use it like any other coin. This is just the time to pay back your initial ICO purchase. How many coins can say you will make your money back by just holding? I have posted these numbers to show you current calculations since BTC has dropped so much and if we only sell the minimum ICO which means we will not get as much of a price break.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:21:39 AM
Wallet release

We need to keep control of mining during the ICO period. Therefore, we will not release the wallet's source code and binaries until sometime close to the ICO end. We will release source code and binaries to the wallet at least 24 hours in advance of mining beginning. We can do this by using a checkpoint that is not on the public nodes. Mining will begin when we broadcast this checkpointed block so that the wallets sync


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:21:50 AM
For those curious if this can even work please check out Firecoin. I have done this on a small scale with them to test this out. So far I have been doing it for a month now. Everyone has been very pleased. https://bitcointalk.org/index.php?topic=702951.0

Everyone needs to remember that this is still a coin. You will have added value for whatever else is added to the coin and where it is used. Some people will just benefit from trading and using the coin. The profit share program is to incentivize people to not mass dump the coin. As the value of the coin goes lower your incentive to hold and even buy will go up. Just likes the value increases people will more likely want to take their profit from selling the coin. We should find an equilibrium over time thus meaning it will be more stable.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: bathrobehero on September 26, 2014, 01:23:50 AM
Why x11?


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: IMJim on September 26, 2014, 01:26:47 AM
And here she be.......noticed you finally got first post too:-)


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: ipominer on September 26, 2014, 01:27:04 AM
Wow, that's a lot of self-posts in a row.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: esotericizm on September 26, 2014, 01:28:18 AM
Given your previous coins not really being successful why would this be any different and why should people invest given the track record.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:32:01 AM
Interesting.

ICO is a bit high.

It has to be high for what we are doing. There are other coins that have recieved more for doing nothing for you right away. They say they will work on it with everyones money. This will return amount a large amount of funds to users helping create a more stable coin. As we have seen in BTC the last few weeks this is needed. I come from a family of buesiness owners and have talk to them all about adding BTC. They all said no because of two main issues. Stability of the coin and it is not backed by anything to give the coin actual value. We have tried to solve those 2 issues with this coin.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:38:20 AM
Given your previous coins not really being successful why would this be any different and why should people invest given the track record.


Firecoin I took over. And we all know that taking a coin over is pretty much impossible to bring back from the Dead. Tradercoin was an experiment to see if the community was willing to have a coin completely decentralized from a coin developer. The answer was no. They want the development team to make you money. That is what will happen with this coin. I cannot guarantee that you will not lose on this coin. But I can guarantee I have ran the numbers and put a lot of time into this coin. I have spent a lot of time talking to GAW. The numbers are there and show you how long it would take to make your money back just by buying ICO coins.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: esotericizm on September 26, 2014, 01:40:05 AM
Given your previous coins not really being successful why would this be any different and why should people invest given the track record.


Firecoin I took over. And we all know that taking a coin over is pretty much impossible to bring back from the Dead. Tradercoin was an experiment to see if the community was willing to have a coin completely decentralized from a coin developer. The answer was no. They want the development team to make you money. That is what will happen with this coin. I cannot guarantee that you will not lose on this coin. But I can guarantee I have ran the numbers and put a lot of time into this coin. I have spent a lot of time talking to GAW. The numbers are there and show you how long it would take to make your money back just by buying ICO coins.

Can't fault you for that. I obviously haven't looked over your documents yet but I shall do so :)


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:40:18 AM
Interesting.

ICO is a bit high.

It has to be high for what we are doing. There are other coins that have recieved more for doing nothing for you right away. They say they will work on it with everyones money. This will return amount a large amount of funds to users helping create a more stable coin. As we have seen in BTC the last few weeks this is needed. I come from a family of buesiness owners and have talk to them all about adding BTC. They all said no because of two main issues. Stability of the coin and it is not backed by anything to give the coin actual value. We have tried to solve those 2 issues with this coin.

Fair enough, sorry if I missed this, but what if the whole ICO is not sold?

I did forget to put it in OP it is in the Business plan.They will be sent to Bittrex and Burnt.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 01:44:08 AM
Given your previous coins not really being successful why would this be any different and why should people invest given the track record.


Firecoin I took over. And we all know that taking a coin over is pretty much impossible to bring back from the Dead. Tradercoin was an experiment to see if the community was willing to have a coin completely decentralized from a coin developer. The answer was no. They want the development team to make you money. That is what will happen with this coin. I cannot guarantee that you will not lose on this coin. But I can guarantee I have ran the numbers and put a lot of time into this coin. I have spent a lot of time talking to GAW. The numbers are there and show you how long it would take to make your money back just by buying ICO coins.

Can't fault you for that. I obviously haven't looked over your documents yet but I shall do so :)

Sounds Great. We hope to have you.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: siliconchip on September 26, 2014, 01:59:17 AM
Fuck off,stupid X11 algo & ICO coin.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 02:03:37 AM
Fuck off,stupid X11 algo & ICO coin.

Even though this is moderated thread I will leave this for now because I want to ask you something. Why do you feel the need to post something so negative and not make it constructive criticism? You could have said I wish you would have made it scrypt-n because…. Or I do not support ICO because ….  Instead you come here and have offered nothing of value.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: LAHAINA on September 26, 2014, 02:50:13 AM
Sounds Quite Ambitious, Subscribed 'Watch' & 'Notify'


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 26, 2014, 02:57:06 AM
Hey guys,

I just wanted to go ahead and confirm that I will be working on the code of this coin, and some of the payment processing for the profit share. I will remain as a permanent dev on it after it's all said and done. Fixing any bugs, adding checkpoints, and doing general maintenance. Also, I have some feature plans as well, such as making the profit share trivial to enroll in from inside the wallet.

The code will be Bitcoin 0.9 based. Anyway, if you have any technical questions about anything, I'll probably be the one to answer.

Thanks and look forward to the ICO!


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: animalroam on September 26, 2014, 02:58:15 AM
As always, I can vouch for Tom.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mroyusa on September 26, 2014, 03:21:45 AM
http://www.coinforums.org/envycoin-forum/


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: kingscrown on September 26, 2014, 03:24:41 AM
old dev - thats what i like


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 03:43:07 AM
Sounds Quite Ambitious, Subscribed 'Watch' & 'Notify'


We hope to have you. I have been in talks with GAW quite often while working on this. They are excited to see where we can take this. If you want my personal opinion then keep reading. ;D I truly believe we can make this a top 5 coin. All this with focusing on merchants because I deal with many merchant that stay away from BTC because of reasons I have listed. I know you can never take volatility out of the market totally but we can put things in place to help calm it. I also plan to run this as if I was CEO of a company. What I mean by that I will do my best to make sure that 10% reinvestment is put where I believe it will return Maximum profit for cloud miners.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: brian_nguyen on September 26, 2014, 03:48:11 AM
Hey guys,

I just wanted to go ahead and confirm that I will be working on the code of this coin, and some of the payment processing for the profit share. I will remain as a permanent dev on it after it's all said and done. Fixing any bugs, adding checkpoints, and doing general maintenance. Also, I have some feature plans as well, such as making the profit share trivial to enroll in from inside the wallet.

The code will be Bitcoin 0.9 based. Anyway, if you have any technical questions about anything, I'll probably be the one to answer.

Thanks and look forward to the ICO!

I'm still a fan of Trader and I can vouch for Tom. He could've dumped the premined and left with some BTCs but he didn't. Earlz is a good Dev and you can search for his reviews for coins on Github.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 03:55:25 AM
http://www.coinforums.org/envycoin-forum/

Thank you I will add it.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 04:15:14 AM
old dev - thats what i like

I would hate to see a new one tackle this project. I am glad I have Earlz on my side.  ;D


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mimsx11 on September 26, 2014, 04:19:34 AM
Some redflags are popping up in my head that the dev doesn't know what he's doing, 100 million coins at 2000sats price?


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: nhrf3 on September 26, 2014, 04:23:43 AM
Price should be closer to 500sat

That's still $100,000 and yeah it may leave money on the table, but that's you for(dev) to work towards.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mimsx11 on September 26, 2014, 04:25:51 AM
Price should be closer to 500sat

That's still $100,000 and yeah it may leave money on the table, but that's you for(dev) to work towards.

500 sats is still too high for an ico with a total of 100million coins, its like he picked the number out of thin air


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 26, 2014, 04:32:54 AM
Price should be closer to 500sat

That's still $100,000 and yeah it may leave money on the table, but that's you for(dev) to work towards.

We've been guaranteed that we can buy 1000 BTC worth of hashlets, so why would we not target that? The more coins that are sold during the ICO, the more hashlets, and thus the more profitable the whole thing will be overtime with reinvestment. We will of course destroy any ICO coins that are not sold.

Price should be closer to 500sat

That's still $100,000 and yeah it may leave money on the table, but that's you for(dev) to work towards.

500 sats is still too high for an ico with a total of 100million coins, its like he picked the number out of thin air

It's 50 million coins with ICO, and then will slowly mint the other 50 million coins over a period of around 10 years.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: nhrf3 on September 26, 2014, 04:36:44 AM
C'mon man, $100k puts your ass on a beach for a couple months. It's up to you to earn living there.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 26, 2014, 04:42:31 AM
C'mon man, $100k puts your ass on a beach for a couple months. It's up to you to earn living there.

We won't have access to these ICO funds at all. They will be sent directly from Bittrex to GAW. We will receive no money from the ICO other than reimbursement for the ICO fee Bittrex charges


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 04:42:54 AM
 anyway,ICO will be better if you make a escrow!


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 04:45:36 AM
DEV,DO YOU NEED A translation service?


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 04:47:00 AM
anyway,ICO will be better if you make a escrow!

It is. I will make it more clear. Bittrex will be escrowing this. They will be sending BTC directly to GAW therefore it will never be in my Possession


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 04:49:05 AM
C'mon man, $100k puts your ass on a beach for a couple months. It's up to you to earn living there.

Really. 100K does nothing. What maybe a few months. Mean while I leave my family behind and go to jail. GAW knows who I am Bittex knows who I am. Any one with Google can figure out who I am. It would be insanly stupid of me to scam for $400k if it sells out.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 04:52:16 AM
DEV,DO YOU NEED A translation service?
it's better for more investor know about this :D


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 04:56:49 AM
DEV,DO YOU NEED A translation service?
it's better for more investor know about this :D

Yes. As long as you are not just using google translate for this.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 05:00:22 AM
DEV,DO YOU NEED A translation service?
it's better for more investor know about this :D

Yes. As long as you are not just using google translate for this.
I will not use google transtalt of course!  ;D


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 05:01:38 AM
if you want a nice translation, plz Pm me !   ;)
Best regards!


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 06:02:12 AM
I will get this updated in the morning but want to post it.

https://www.altcoincalendar.info/coins/907-Envy


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: rigdeer on September 26, 2014, 06:13:08 AM
I will get this updated in the morning but want to post it.

https://www.altcoincalendar.info/coins/907-Envy
Nice job,PM sent.check it again . :)


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 06:17:57 AM
I will get this updated in the morning but want to post it.

https://www.altcoincalendar.info/coins/907-Envy
Nice job,PM sent.check it again . :)

Pm sent back.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: hala on September 26, 2014, 06:25:34 AM
 keep watching.

  100 millions with 2000 satoshi . how about the mining ?

 its a phenomenon in crypto currency . BTW , if you cannot collect enough fund , how do you want to do ?

#edit  : i notice that someone apply the Chinese translations.   :D
 


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 06:57:55 AM
keep watching.

  100 millions with 2000 satoshi . how about the mining ?

 its a phenomenon in crypto currency . BTW , if you cannot collect enough fund , how do you want to do ?

#edit  : i notice that someone apply the Chinese translations.   :D
 

 It is 50 million ICO. 50 million will be left for PoW. We feel we are very underpriced for what this coin provides. If the ICO buyers hold their coins for about 70 days they will have made their funds back and still have the coin. The PoW is low inflation to make sure those who support the ICO will be protected as much as we can from coin development standpoint. I fully expect this coin to rise in price after we make first payment from profit share program. This will make the low amount of coins from PoW reasonable.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: askcoin2 on September 26, 2014, 12:09:32 PM
No PoS?


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: Biomech on September 26, 2014, 12:58:55 PM
Hello again!

I"ve followed, and tried my poor best to help, Tomcat on Fire and TRDR. He's a good guy and a hell of a worker. If anyone can make this successful, it's him. I'll be investing. Don't know how much, cuz I'z a poor boy, but I trust the dev.

I too was wondering about POS. Not sure if it would fit well with the asset backed plan, but I also am not convinced that it wouldn't.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: lolilo on September 26, 2014, 04:30:07 PM
How can I invest in the ICO?
I don't see any details...


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 05:07:13 PM
How can I invest in the ICO?
I don't see any details...

The ICO will be hosted on Bittrex starting on Sunday. It will be there for 7 days. 2000sat per coin


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 05:15:46 PM
I have updated OP to explain the ICO proccess. Please let me know if their are any questions.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tylerderden on September 26, 2014, 09:05:29 PM
Gaw has had some serious issues lately paying people. not to mention they just change things whenever they want. you guys would be better off with genesis-mining. I have had zero issues with them and you can get paid in several different coins. and the big thing is they actually have pictures of working data centers mining. what happens when gaw's ponzi crumbles? not to mention there is nothing stopping you from taking over the payouts of the hashlets and not paying anybody anything but some worthless coins. This doesn't sound like something i would risk money on. especially since i already own 40 mhs of genesis mining with no middle man to worry about.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 26, 2014, 09:11:49 PM
Gaw has had some serious issues lately paying people. not to mention they just change things whenever they want. you guys would be better off with genesis-mining. I have had zero issues with them and you can get paid in several different coins. and the big thing is they actually have pictures of working data centers mining. what happens when gaw's ponzi crumbles? not to mention there is nothing stopping you from taking over the payouts of the hashlets and not paying anybody anything but some worthless coins. This doesn't sound like something i would risk money on. especially since i already own 40 mhs of genesis mining with no middle man to worry about.

Thank you for re wording your comment from last night.

I understand your concern. It has been a concern that I had at the beginning too. I have done a lot of research and talked to them personally many times. There is always a chance any company is a Ponzi however the info I have found on and what they provided me has made me comfortable with this investment. I know some people will not support this coin because of GAW but I have tried to do my best to limit the risk. They know they would end up going to jail if they were a Ponzi and I do not think they are willing to risk it. I know I can’t really say anything to change your mind because you have had a bad experience with them.
And just to reiterate I really do appreciate you changing how you posted these comments vs the one from last night that was deleted.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tylerderden on September 26, 2014, 11:20:09 PM
Gaw has had some serious issues lately paying people. not to mention they just change things whenever they want. you guys would be better off with genesis-mining. I have had zero issues with them and you can get paid in several different coins. and the big thing is they actually have pictures of working data centers mining. what happens when gaw's ponzi crumbles? not to mention there is nothing stopping you from taking over the payouts of the hashlets and not paying anybody anything but some worthless coins. This doesn't sound like something i would risk money on. especially since i already own 40 mhs of genesis mining with no middle man to worry about.

Thank you for re wording your comment from last night.

I understand your concern. It has been a concern that I had at the beginning too. I have done a lot of research and talked to them personally many times. There is always a chance any company is a Ponzi however the info I have found on and what they provided me has made me comfortable with this investment. I know some people will not support this coin because of GAW but I have tried to do my best to limit the risk. They know they would end up going to jail if they were a Ponzi and I do not think they are willing to risk it. I know I can’t really say anything to change your mind because you have had a bad experience with them.
And just to reiterate I really do appreciate you changing how you posted these comments vs the one from last night that was deleted.


yes i am sorry for being harsh last night, i was pissed because gaw hasnt paid me in 4 days and i missed alot of profits due to that. I didn't mean to lash out at you guys. that being said what about diversifying your cloud hash, get some gaw and some genesis or another company, that is what i did and it paid off because if i hadnt had my genesis miners when gaw didnt pay i would have been getting zero btc to invest/gamble with. I think you have a good idea here and i will be watching to see what you decide to do. as always its what the dev does in hard times that matters. I think if you diversified so you had steady btc coming from several directions you could safeguard yourselves from a huge fud storm. The other thing with genesis is i can pick what coin i want, so like lately doge has been going up so i chose doge and now get 40 mhs worth of doge deposited to my wallet everyday with no issues. same goes for dark, and they added via. It has been my experience that genesis is a much more professionally run, long term, company. anyhow sorry again for being a dick. good luck bro.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: vindyne8 on September 26, 2014, 11:54:28 PM
Tom and Earlz are great, and helpful, guys. Both with prior experience developing/running other coins. This is an idea that has a lot of merit, and I believe is overdue. Definitely worth watching.





Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 27, 2014, 12:36:25 AM
Gaw has had some serious issues lately paying people. not to mention they just change things whenever they want. you guys would be better off with genesis-mining. I have had zero issues with them and you can get paid in several different coins. and the big thing is they actually have pictures of working data centers mining. what happens when gaw's ponzi crumbles? not to mention there is nothing stopping you from taking over the payouts of the hashlets and not paying anybody anything but some worthless coins. This doesn't sound like something i would risk money on. especially since i already own 40 mhs of genesis mining with no middle man to worry about.

Thank you for re wording your comment from last night.

I understand your concern. It has been a concern that I had at the beginning too. I have done a lot of research and talked to them personally many times. There is always a chance any company is a Ponzi however the info I have found on and what they provided me has made me comfortable with this investment. I know some people will not support this coin because of GAW but I have tried to do my best to limit the risk. They know they would end up going to jail if they were a Ponzi and I do not think they are willing to risk it. I know I can’t really say anything to change your mind because you have had a bad experience with them.
And just to reiterate I really do appreciate you changing how you posted these comments vs the one from last night that was deleted.


yes i am sorry for being harsh last night, i was pissed because gaw hasnt paid me in 4 days and i missed alot of profits due to that. I didn't mean to lash out at you guys. that being said what about diversifying your cloud hash, get some gaw and some genesis or another company, that is what i did and it paid off because if i hadnt had my genesis miners when gaw didnt pay i would have been getting zero btc to invest/gamble with. I think you have a good idea here and i will be watching to see what you decide to do. as always its what the dev does in hard times that matters. I think if you diversified so you had steady btc coming from several directions you could safeguard yourselves from a huge fud storm. The other thing with genesis is i can pick what coin i want, so like lately doge has been going up so i chose doge and now get 40 mhs worth of doge deposited to my wallet everyday with no issues. same goes for dark, and they added via. It has been my experience that genesis is a much more professionally run, long term, company. anyhow sorry again for being a dick. good luck bro.

I do plan on doing that with the reinvestment. There is 10% that will be reinvested. The reason I am not doing this right off the bat is because I have already negotiated the deal with GAW. I will definitely consider it if I can get the same price with a little lower buy amount if I do spread them out. I have not fully researched the other companies like i have with GAW. I do know they have issues. And I hope they clear them up. I think they grew too big too fast and now are paying the price for trying to put out their fires. Just by launching this coin I can see how Josh can easily have foot in mouth disease. I have already had a few moments where I wish I would have done things differently. The good thing about this is it shows he is human and is one of us(ish). He is not so withdrawn like so many CEO’s that anything they say goes through 5 people before we ever see the watered down version of what the CEO actually said. He says it what he is thinking and we see what he thinks. I can’t speak for why they haven’t paid you and I really hope they are working on it because it does create issues with people trusting them. Good luck getting your money and someday I hope to see you here saying you have invested in Envy Coin. I hope someday soon people will be here saying we are investing in Envy coin because of Envy coin.   


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 27, 2014, 01:13:55 AM
Message from Bittrex posted on the OP.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: majeis on September 27, 2014, 01:34:32 AM
While reading through this thread and the one over at hashtalk, I'm still unsure as to whether this project is run by GAW or is just a solo endeavor.

Also, if this isn't really a GAW project, are they at least alright with what you're doing?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 27, 2014, 01:38:08 AM
While reading through this thread and the one over at hashtalk, I'm still unsure as to whether this project is run by GAW or is just a solo endeavor.

Also, if this isn't really a GAW project, are they at least alright with what you're doing?

This is a solo. But they know about it and think it is an interesting idea. They should be making a statement about it in the coming days.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 27, 2014, 03:18:56 AM
I just wanted to keep everyone up to date on everything. GAW just made an Announcement tonight that will increase the profitability of these miners. Once I am able to test on my own I will post the expected increase. Here is the Announcement from tonight. https://hashtalk.org/topic/8471/introducing-the-hashlet-store


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: nicemycoin on September 27, 2014, 05:13:39 AM
 I have made a Chinese Translation for this thread.  :)
https://bitcointalk.org/index.php?topic=799509.0


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: JadeCT on September 27, 2014, 07:53:36 AM
Very nice coin.But the ICO mode COINS, has always been cautious participation.Watch for a period of time. ;)


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mxxxxxx on September 27, 2014, 06:13:49 PM
Hey guys,

I just wanted to go ahead and confirm that I will be working on the code of this coin, and some of the payment processing for the profit share. I will remain as a permanent dev on it after it's all said and done. Fixing any bugs, adding checkpoints, and doing general maintenance. Also, I have some feature plans as well, such as making the profit share trivial to enroll in from inside the wallet.

The code will be Bitcoin 0.9 based. Anyway, if you have any technical questions about anything, I'll probably be the one to answer.

Thanks and look forward to the ICO!

earlz + tom14cat14 = very solid ground to make nice business

Great concept !


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: fakeshadow on September 27, 2014, 07:50:35 PM
so the code is based on bitchcoin,right?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 27, 2014, 08:37:52 PM
so the code is based on bitchcoin,right?

Technically, yes. But bitchcoin was basically just fractalcoin with slingshield and percentage based fees removed. Fractalcoin itself is based off Dogecoin 1.7 which is based on Bitcoin 0.9


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: Jerrietg on September 27, 2014, 08:43:43 PM
lol . bittrex's ico , i don't wanna join bittrex's ico , is there any people remember icb?


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 27, 2014, 09:30:28 PM
Hey guys,

I just wanted to go ahead and confirm that I will be working on the code of this coin, and some of the payment processing for the profit share. I will remain as a permanent dev on it after it's all said and done. Fixing any bugs, adding checkpoints, and doing general maintenance. Also, I have some feature plans as well, such as making the profit share trivial to enroll in from inside the wallet.

The code will be Bitcoin 0.9 based. Anyway, if you have any technical questions about anything, I'll probably be the one to answer.

Thanks and look forward to the ICO!

earlz + tom14cat14 = very solid ground to make nice business

Great concept !

Thank you for the kind words. We really think this could be big. The hardest part will be convincing people we are not scammers. After all of the failed ICO's this is risky for me to launch because it has cost quite a bit to get this far. But if people come along with us I will do my best to make this the most profitable coin you own.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: fakeshadow on September 27, 2014, 09:46:02 PM
so the code is based on bitchcoin,right?

Technically, yes. But bitchcoin was basically just fractalcoin with slingshield and percentage based fees removed. Fractalcoin itself is based off Dogecoin 1.7 which is based on Bitcoin 0.9

okay.good to know it.you guys are doing good job here.i wont miss the ico.


Title: Re: [Pre][ANN][ENVY] Envy Coin | ICO | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: ShadowBits on September 27, 2014, 11:20:46 PM
Hey guys,

I just wanted to go ahead and confirm that I will be working on the code of this coin, and some of the payment processing for the profit share. I will remain as a permanent dev on it after it's all said and done. Fixing any bugs, adding checkpoints, and doing general maintenance. Also, I have some feature plans as well, such as making the profit share trivial to enroll in from inside the wallet.

The code will be Bitcoin 0.9 based. Anyway, if you have any technical questions about anything, I'll probably be the one to answer.

Thanks and look forward to the ICO!

This sounds great.  I wonder if this could be expanded by having profit sharing with more than just this coin.  Like a basket of coins.  Just a suggestion.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 12:54:30 AM
so the code is based on bitchcoin,right?

Technically, yes. But bitchcoin was basically just fractalcoin with slingshield and percentage based fees removed. Fractalcoin itself is based off Dogecoin 1.7 which is based on Bitcoin 0.9

okay.good to know it.you guys are doing good job here.i wont miss the ico.

Glad to have you. I really think this could be the next big thing. Or at least launch us to the next big thing. (I don’t want to sound arrogant)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: IMJim on September 28, 2014, 03:10:34 AM
Hey Tom.......I am reading the terms of the ICO correctly, there will be no price change during the 7 days the ICO will be open?  2000 sats all the way through correct?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 07:28:30 AM
PoD complete for Envy. I went with the 4 PoD

http://cryptoasian.com/envy-envycoin/


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 07:29:38 AM
Hey Tom.......I am reading the terms of the ICO correctly, there will be no price change during the 7 days the ICO will be open?  2000 sats all the way through correct?

Correct. It will be 2000 sat all the way through. Any coins not sold bittrex will burn.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 08:07:14 AM
Everyone please make sure you post any questions. Even if you think it is a dumb question because there is a chance it is a question other have. I have been receiving quite a few questions about this via PM which is new to me. If you do not want to ask here that is fine I will do my best to get back to you in a timely manner. I just caught up on all of them. I do prefer you post questions here because other might have the same one. But I will do my best to make sure everyone’s questions are answered. I know we are asking for a lot of money and I want to make sure people are comfortable with their investment.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: bitcoinwonders010 on September 28, 2014, 08:10:51 AM
i like the dev. it does not help that his previous coins have not done well but third time lucky. i might just wait until ICO is over as i think the price is too high for current supply and max coins. good luck tom


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 12:54:07 PM
Windows wallet :
ht



That's probably a virus. The source is not available yet


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 03:17:59 PM
i like the dev. it does not help that his previous coins have not done well but third time lucky. i might just wait until ICO is over as i think the price is too high for current supply and max coins. good luck tom
You do have to remember that Firecoin was launched by someone else and I took after he dumped the coin and everyone hated it. I have been trying to revive it and have found out how hard it is to change people’s mind that just because he sold it immediately and left that I am a different developer then him.

Trader coin really all I can say is that it is what it is. I did it as a test to see if people would be willing to take the lead of a coin as a community and not rely on a coin developer. I made sure that from day one everyone knew what they were getting into.  It made me realize people what a coin Dev to make them money. (I know very blunt) So that is why I am making this coin and have it organized the way I do. I will be doing everything in my power to maximize profit for everyone that holds this coin. The more coins sold during the ICO the more profitable it will be. If we sell out, based on the numbers we will be having a 10-15 BTC profit per day to be split. (GAW has announced new things that will help improve profitability but it has not been tested so I can’t put exact numbers too it.) So if we only sell half that means you will have to cut the profit in half. So it is very important to sell as many as we can.

Coin price – I understand your concern about the price. It will launch with a market cap of $400k if we sell out. However I fully believe based on the how we have set the mining on this coin and how much income per coin you will be getting I think the price will rise. The mining is relatively low inflation which means if we sell out the ICO, after the first year there will be about 53.75 million Envy in circulation that means 50 million will have been paid for with BTC and only 3.75 million will be mined meaning it would be in the best interest of those who buy the ICO to only sell their coins when they are above the ICO price. There will be low sell pressure from miners dumping to pay bills. So even if someone is trying to manipulate the market and push prices down people really need to consider not selling for a loss because you will have your coins for free after 70 days. (Because profit share will have paid enough to pay off your initial investment.) That is also assuming that the amount of hashpower we buy with the reinvestment only equals the rise in difficulty/decrease in zen pool payouts. Looking at what the reinvestment would buy I am very confident we will outpace the decrease in zen pool payouts. This means if I was a betting man, your ICO coins will be paid for in less than 70 days. And since I am a betting man I can tell you I will be buying coins during the ICO. We do not get any ENVY for free so we will be buying at the same price as everyone else. I will be putting my money where my mouth is.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 03:27:40 PM
Just as a reminder. Please only download things from the OP or that are posted by myself or Earlz. (This will mean they will be in the OP once it is updated)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: richiela on September 28, 2014, 05:08:20 PM
Just as a reminder. Please only download things from the OP or that are posted by myself or Earlz. (This will mean they will be in the OP once it is updated)

And as another reminder, please read and understand all ICO and escrow terms!

Good luck!

thanks
richie@bittrex


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 06:05:48 PM
Just as a reminder. Please only download things from the OP or that are posted by myself or Earlz. (This will mean they will be in the OP once it is updated)

And as another reminder, please read and understand all ICO and escrow terms!

Good luck!

thanks
richie@bittrex

Very good point. Please everyone understand the terms. You are buying a coin. The normal risks associtated with buying a coin apply.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: cryptoangel on September 28, 2014, 06:20:22 PM
5% Interested, 95% of me is saying No.

Does anyone know of any ICO coin that is now performing above its ICO price ?.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: ReserveToken on September 28, 2014, 06:25:59 PM
5% Interested, 95% of me is saying No.

Does anyone know of any ICO coin that is now performing above its ICO price ?.

NEOS does: https://bittrex.com/Market/Index?MarketName=BTC-NEOS ... but after it got dumped below ICO-price.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 07:14:33 PM
5% Interested, 95% of me is saying No.

Does anyone know of any ICO coin that is now performing above its ICO price ?.

The big thing is we have protection if the price has an initial drop. You will make money by holding it. We will continue to develop.



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: chaobile on September 28, 2014, 08:39:32 PM
These days seems to be more popular ICO mode.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 08:46:16 PM
These days seems to be more popular ICO mode.

Yes they are. One of the big benefits with this ICO is that you will see benefits right away. A lot of the other coins only start working on what might be an inovation. This will benefit the holders.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: ocminer on September 28, 2014, 09:01:39 PM
So mining in a little less than an hour ? :)

EDIT: I'm sorry - i misread the OP and was so "hot" launching the pool - ICO starts.. Not mining :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 09:05:49 PM
So mining in a little less than an hour ? :)

EDIT: I'm sorry - i misread the OP and was so "hot" launching the pool - ICO starts.. Not mining :)

Correct on your edit. Mining will start next weekend.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: ocminer on September 28, 2014, 09:07:18 PM
So mining in a little less than an hour ? :)

EDIT: I'm sorry - i misread the OP and was so "hot" launching the pool - ICO starts.. Not mining :)

Correct on your edit. Mining will start next weekend.

Great!  I will be there!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: animalroam on September 28, 2014, 09:17:22 PM
Waiting for the coin to launch :).  Might chip in some BTC in the ICO.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 09:34:22 PM
Waiting for the coin to launch :).  Might chip in some BTC in the ICO.

Hope to Have you.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: wisnon on September 28, 2014, 09:37:33 PM
dev, mining what time to start?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 09:47:44 PM
dev, mining what time to start?

Mining starts after the ICO. It will should start 10pm GMT next saturday. I will keep you updated incase it gets moved. Such as if we sell out early or there is some kind of delay.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 09:50:57 PM
Just wanted to give everyone a preview of the wallet :)

https://i.imgur.com/riSt7ON.png


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 10:02:08 PM
You can see the ICO market here! https://bittrex.com/Market/Index?MarketName=BTC-ENVY


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 10:04:07 PM
Yea Waiting for bittrex to turn it on.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: blockexperts on September 28, 2014, 10:05:48 PM
Yea Waiting for bittrex to turn it on.

Does Bittrex also handle the seed nodes ?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 10:07:31 PM
Yea Waiting for bittrex to turn it on.

Does Bittrex also handle the seed nodes ?

No, we will be handling seed nodes and intend to launch with a good geographically diverse seed node network


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mchelopao on September 28, 2014, 10:11:46 PM
1000 BTC X 400 U$s = U$S 400000

 ;D ;D ;D ;D

 :D :D :D :D :D :D :D


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 10:12:09 PM
;D ;D ;D ;D ;D ;D ;D ;D

1000 BTC   ;D ;D ;D ;D ;D ;D

Thanks you

you want to be millionaires without working

Note, we will not be handling this money AT ALL. This will go straight from Bittrex to GAW to buy the hashlets. Our money will be in the form of a dev fund, a percentage of the mining proceeds will go to us for further development of the coin


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: HKBvM on September 28, 2014, 10:18:11 PM
One thing I know is if someone promises me to at least ROI in 70 days  days or so, it is usually too good to be true.

The other thing I know I am totally clueless about mining as I am only trading and have never mined a single coin.

So I have a simple question: If hashlets are that profitable why isnt everyone putting their money in hashlets? Seems like the obvious thing to do.

and then you have threads like this one:

https://bitcointalk.org/index.php?topic=799609.0


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 10:19:21 PM
One thing I know is if someone promises me to at least ROI in 70 days  days or so, it is usually too good to be true.

The other thing I know I am totally clueless about mining as I am only trading and have never mined a single coin.

So I have a simple question: If hashlets are that profitable why isnt everyone putting their money in hashlets? Seems like the obvious thing to do.

and then you have threads like this one:

https://bitcointalk.org/index.php?topic=799609.0

Do you not see how I said I cannot guarantee it. But the numbers show that you will ROI with in that time.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mchelopao on September 28, 2014, 10:19:55 PM
;D ;D ;D ;D ;D ;D ;D ;D

1000 BTC   ;D ;D ;D ;D ;D ;D

Thanks you

you want to be millionaires without working

Note, we will not be handling this money AT ALL. This will go straight from Bittrex to GAW to buy the hashlets. Our money will be in the form of a dev fund, a percentage of the mining proceeds will go to us for further development of the coin

this is known

ico is no better


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 10:22:46 PM
;D ;D ;D ;D ;D ;D ;D ;D

1000 BTC   ;D ;D ;D ;D ;D ;D

Thanks you

you want to be millionaires without working

Note, we will not be handling this money AT ALL. This will go straight from Bittrex to GAW to buy the hashlets. Our money will be in the form of a dev fund, a percentage of the mining proceeds will go to us for further development of the coin

this is known

ico is no better

We get it. You do not like the Idea so move on.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mchelopao on September 28, 2014, 10:22:55 PM
Even you who made ​​the money, buy

 ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

go to work boys

they will make more money


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: HKBvM on September 28, 2014, 10:24:54 PM
One thing I know is if someone promises me to at least ROI in 70 days  days or so, it is usually too good to be true.

The other thing I know I am totally clueless about mining as I am only trading and have never mined a single coin.

So I have a simple question: If hashlets are that profitable why isnt everyone putting their money in hashlets? Seems like the obvious thing to do.

and then you have threads like this one:

https://bitcointalk.org/index.php?topic=799609.0

Do you not see how I said I cannot guarantee it. But the numbers show that you will ROI with in that time.

The question remains the same though.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: earlz on September 28, 2014, 10:25:16 PM
Ok, bittrex had some problems. It's fixed now, let the buying commence!

https://bittrex.com/Market/Index?MarketName=BTC-ENVY


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: mchelopao on September 28, 2014, 10:25:34 PM
CURRENCY NAME   SYMBOL   AVAILABLE BALANCE   PENDING DEPOSIT   RESERVED   EST. BTC VALUE   % CHANGE
Disabled EnvyCoin   Disabled ENVY   0   0   0   0   0.0%


 ;D ;D ;D ;D ;D ;D ;D

Bittrex down coin


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: richiela on September 28, 2014, 10:25:45 PM
Our apologies to the traders and the envy team... we hit a snag when we hit go :(

Market is now up.

thanks
richie@bittrex


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex | Launch 9/28/14 10 pm GMT | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 10:27:03 PM
Our apologies to the traders and the envy team... we hit a snag when we hit go :(

Market is now up.

thanks
richie@bittrex

Thank you for the response.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 10:39:03 PM
Can the fudders just please stop. I will delete it. So why waste your time. You can say you dont like the idea. Or you dont trust us. But then move on. Make it respectful and I will leave it. And do not post it 100 times.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: mchelopao on September 28, 2014, 11:03:15 PM
Can the fudders just please stop. I will delete it. So why waste your time. You can say you dont like the idea. Or you dont trust us. But then move on. Make it respectful and I will leave it. And do not post it 100 times.


Because delete comments ...... have something to hide ????

Help people ... deletes comments


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 28, 2014, 11:17:06 PM
Can you prove I am a scam? Can you show me anything I have done in the past that points to me being a scam? I look forward to your posts with actual evidence of me doing anything that points to me being a scammer. I do not have $400k myself to make a coin 100% of my own Financing with this backing. I really think this could be a huge thing. I am amazed that people will call me a scam just because it is an ICO. They have no reason behind it other than this is an ICO. Show some proof. I have never done anything in my past to make people not trust me.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: IMJim on September 28, 2014, 11:36:17 PM
Dude, show some respect man.......we GET IT...........YOU think this is a scam.  Once said is quite enough, no need to keep posting ACCUSATIONS! 

Whether this succeeds or fails, the dev behind is well respected and has PROVEN to be trustworthy so in my eyes all you are doing is making yourself look like the complete ass that you are.

Move on, it's as simple as that!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: earlz on September 28, 2014, 11:36:38 PM
Caution

SCAM COIN

 >:( >:( >:( >:( >:(

I'll just quote what you said before about a coin you are invested in

"Please, it's okay if scam, let the people decide, everyone can choose need not be only bad publicity"

https://i.imgur.com/9EFgwrQ.png


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: IMJim on September 28, 2014, 11:38:07 PM
hahaha, thanks for the laugh earlz:-)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: HKBvM on September 28, 2014, 11:45:46 PM
Can you prove I am a scam? Can you show me anything I have done in the past that points to me being a scam? I look forward to your posts with actual evidence of me doing anything that points to me being a scammer. I do not have $400k myself to make a coin 100% of my own Financing with this backing. I really think this could be a huge thing. I am amazed that people will call me a scam just because it is an ICO. They have no reason behind it other than this is an ICO. Show some proof. I have never done anything in my past to make people not trust me.

You are amazed because one clown comes along writing "SCAM"? Really? You regitered on BCT on march, you should know that you can always expect those guys.

To be clear: I wasnt questioning your calculation. I wasnt questioning if you are honest, because at this point I have no reason to. It basically goes down to:

Can we trust GAW, who claim to have the - according to their homepage - "most advanced SHA256 bitcoin mining hardware in the world". Thats what I am sceptical about. I spend the last hour or so checking their homepage, trying to find out something about their staff and reading BCT threads. The picture is mixed at best, I would lean toward ponzi-scheme. But thats just me after one hour of searching.

In your OP you wrote you asked them questions to prove they are not a scam company. Could you be a more detailed at this point? Because this is basically the most important sentence of the whole announcement.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: animalroam on September 28, 2014, 11:55:55 PM
Caution

SCAM COIN

 >:( >:( >:( >:( >:(

I'll just quote what you said before about a coin you are invested in

"Please, it's okay if scam, let the people decide, everyone can choose need not be only bad publicity"

https://i.imgur.com/9EFgwrQ.png


lol, best post I've seen today :).


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: animalroam on September 28, 2014, 11:58:40 PM
Can you prove I am a scam? Can you show me anything I have done in the past that points to me being a scam? I look forward to your posts with actual evidence of me doing anything that points to me being a scammer. I do not have $400k myself to make a coin 100% of my own Financing with this backing. I really think this could be a huge thing. I am amazed that people will call me a scam just because it is an ICO. They have no reason behind it other than this is an ICO. Show some proof. I have never done anything in my past to make people not trust me.

You are amazed because one clown comes along writing "SCAM"? Really? You regitered on BCT on march, you should know that you can always expect those guys.

To be clear: I wasnt questioning your calculation. I wasnt questioning if you are honest, because at this point I have no reason to. It basically goes down to:

Can we trust GAW, who claim to have the - according to their homepage - "most advanced SHA256 bitcoin mining hardware in the world". Thats what I am sceptical about. I spend the last hour or so checking their homepage, trying to find out something about their staff and reading BCT threads. The picture is mixed at best, I would lean toward ponzi-scheme. But thats just me after one hour of searching.

In your OP you wrote you asked them questions to prove they are not a scam company. Could you be a more detailed at this point? Because this is basically the most important sentence of the whole announcement.

I don't believe they are a scam company, hence my small investment on there.  They have provided full proofs of their datacenters on hashtalk, and the CEO actually interacts with the customers.  There returns are very realistic, if not a bit little.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 12:22:56 AM
Can you prove I am a scam? Can you show me anything I have done in the past that points to me being a scam? I look forward to your posts with actual evidence of me doing anything that points to me being a scammer. I do not have $400k myself to make a coin 100% of my own Financing with this backing. I really think this could be a huge thing. I am amazed that people will call me a scam just because it is an ICO. They have no reason behind it other than this is an ICO. Show some proof. I have never done anything in my past to make people not trust me.

You are amazed because one clown comes along writing "SCAM"? Really? You regitered on BCT on march, you should know that you can always expect those guys.

To be clear: I wasnt questioning your calculation. I wasnt questioning if you are honest, because at this point I have no reason to. It basically goes down to:

Can we trust GAW, who claim to have the - according to their homepage - "most advanced SHA256 bitcoin mining hardware in the world". Thats what I am sceptical about. I spend the last hour or so checking their homepage, trying to find out something about their staff and reading BCT threads. The picture is mixed at best, I would lean toward ponzi-scheme. But thats just me after one hour of searching.

In your OP you wrote you asked them questions to prove they are not a scam company. Could you be a more detailed at this point? Because this is basically the most important sentence of the whole announcement.

The things I can share. I have looked at business licenses and driver’s license. They have explained what they have as in miners, and slightly how they do it. They obviously did not give me any info on what they mine in their pool. I had about a 3 hour Video skype with the brother (Head of accounts) I have looked into Josh’s old business Great Auk Wireless including the negative reviews about the company. The news articles about them awarded a Grant to add wireless internet to a small community but ended up pulling the plug on the operation because they would have lost money when the tower company raised rates. They didn’t not take any of the money for the Grant and let it expire. Everything from their past looks like it was a legitimate company, even if it was not the most popular but check out other wireless providers. It was a multi-million dollar company based on some of the articles from a few years ago. This and my talks with them have led me to believe that they are a real business and have more to lose then what they would gain by taking a risk on running a Ponzi. Heck I even seen his kid which I doubt a Ponzi person would let me see. Of course there is always the risk they are because look at Bernie Madoff. I also have an open invite to visit them anytime and I will be doing this soon.
I ended up asking questions that were a little uncomfortable being face to face with someone and asking him to provide these documents of proof that I did not warn him about. He provided everything I asked for on the spot. I will continuously evaluate GAW and other cloud miners. I have personally been a customer of their since Hashlets were introduced. I have been very happy with them. When I saw the rate of return on these I came up with the Idea we could put these to a larger use to help a coin. I have watch so many ICO’s launch promising we will eventually provide this great Tech. They only start once they get the money. Envy will do what is says from the start. The first payment will go out 1 week after the Hashlets are bought.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 12:35:48 AM
Can you prove I am a scam? Can you show me anything I have done in the past that points to me being a scam? I look forward to your posts with actual evidence of me doing anything that points to me being a scammer. I do not have $400k myself to make a coin 100% of my own Financing with this backing. I really think this could be a huge thing. I am amazed that people will call me a scam just because it is an ICO. They have no reason behind it other than this is an ICO. Show some proof. I have never done anything in my past to make people not trust me.

You are amazed because one clown comes along writing "SCAM"? Really? You regitered on BCT on march, you should know that you can always expect those guys.

To be clear: I wasnt questioning your calculation. I wasnt questioning if you are honest, because at this point I have no reason to. It basically goes down to:

Can we trust GAW, who claim to have the - according to their homepage - "most advanced SHA256 bitcoin mining hardware in the world". Thats what I am sceptical about. I spend the last hour or so checking their homepage, trying to find out something about their staff and reading BCT threads. The picture is mixed at best, I would lean toward ponzi-scheme. But thats just me after one hour of searching.

In your OP you wrote you asked them questions to prove they are not a scam company. Could you be a more detailed at this point? Because this is basically the most important sentence of the whole announcement.

I am not saying that you are calling me a scam. The guy that I have had to delete about 100 posts because that’s all he is doing. I know it is part of life on forums. It still amazes me. Are people that miserable that all they want to do is bring other people down? If they are going to claim I am a scam have a reason and some proof or at least a history that would point to me being a scammer. People can post here that they do not like the coin, for whatever reason they want. Just don’t repeat a bunch of times and do it in a constructive way.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: Camus on September 29, 2014, 01:49:13 AM
we only can save coins in bittrex wallet before ICO end?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: Camus on September 29, 2014, 01:51:31 AM
more information?such as white paper,your plans ,road map ?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: vipgelsi on September 29, 2014, 01:52:46 AM
Whats the total float currently on this coin?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 02:32:29 AM
we only can save coins in bittrex wallet before ICO end?

Yep everything has to stay on Bittrex until ICO ends. The network is not running right now so that way people do not waste time and energy in case something were to happen with the ICO. They keep them there so that way if they have to refund they can do it. We have not started mining because if we do not meet the minimum amount of sales the ICO will be canceled and everyone will get a refund.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 02:32:58 AM
more information?such as white paper,your plans ,road map ?

It is the business plan in the OP.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: anhpt192 on September 29, 2014, 02:51:23 AM
when can we mine this coin? right after ICO end?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: Camus on September 29, 2014, 03:02:13 AM
we only can save coins in bittrex wallet before ICO end?

Yep everything has to stay on Bittrex until ICO ends. The network is not running right now so that way people do not waste time and energy in case something were to happen with the ICO. They keep them there so that way if they have to refund they can do it. We have not started mining because if we do not meet the minimum amount of sales the ICO will be canceled and everyone will get a refund.
thanks ,good luck !


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 03:25:30 AM
when can we mine this coin? right after ICO end?

Correct. We have added a countdown clock for mining. This is the expected time. Please watch for any updates on this.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 03:27:45 AM
We have also posted a message from GAW's CEO confirming that I have been in negations and know about this project.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: ownerbest on September 29, 2014, 03:37:56 AM
So, you want to collect 1k btc with this shit?
Good try


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 03:58:00 AM
So, you want to collect 1k btc with this shit?
Good try

So you are saying all these other ICO's that say they hope to make a tech advancement is better?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: Eastbay on September 29, 2014, 04:13:01 AM
So, you want to collect 1k btc with this shit?
Good try


the more i think about it the funnier it is...

at first i thought it was a decent idea, but when you take into account that you could just buy and manage your own GAW hashlets and you dont have to worry about a middleman sending payments and the coin dropping in value, i thought twice

I will be watching to see if how much, if any, of the ICO is sold and if it is a decent amount and payments are sent AND coin price drops below going market rate for hashlets then i would consider buying, till then Good luck and godspeed


and as always DYOR


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: earlz on September 29, 2014, 04:25:06 AM
So, there has been a lot of FUD around Envycoin. A lot of it comes from a misunderstanding of the target for this currency. Here, I want to compile a FAQ of sorts to hopefully help people to understand these things.

### Why not just buy hashlets?

This is the most common question I've heard. Envycoin comes with a number of features that command a premium.

1. You can't buy a pizza with hashlets. Hashlets are not divisible
2. Hashlets are not easily sold or exchanged. This is especially true with their new Hashpoints system
3. Hashlets come in many varieties. Giving someone a Hashlet Prime is different from a Hashlet Zen.
4. Automatic reinvestment. To ensure overtime you ideally make more money than you are now.
5. Bitcoin features. Including stealth transactions, multisig, etc
6. We will benefit from GAW's new hashpoint system at a very large scale.

Although Envycoin can function as a proxy to Hashlets, this is not it's only goal. It's primary goal is a stable and non-volatile currency. Ideally, the mining inflation rate will equal the tendency to hold the coin for profit share revenue, yielding a fairly stable economic outlook.

### How do I know this isn't a scam?

Well, if this is a scam, it's a pretty shitty one. First off, Me and Tom, the Envycoin Team NEVER has access to the ICO funds. The only funds we have access to out of that is 5 BTC to repay Tom for the non-refundable ICO deposit.

Second, our idenities are not a secret by any means. If we run off, we know there will be repurcussions.

### Why 1000 BTC? Why not something smaller?

The more initial investment we have into the cloud mining platform, the more profit and faster ROI for everyone. With larger volumes, we get larger discounts.

### No way you'll get ROI in 70 days

This might be true. We took difficulty increases and everything into account when calculating this number, but it's always subject to change.

### Why isn't the wallet out yet?

We have decided to keep mining closed up until after the ICO. We have a functioning network, but it is kept in secret right now. I have code reviewed many coins and am a very well qualified coin developer. We will strive to give at least 24 hours notice before mining will begin

### GAW is just a bunch of scammers

Tom has vetted GAW and we think they are legitimate. We see no reason to not trust them.

However, we are not focused only on GAW. Our initial investment will most likely be with them, but with the reinvestment fund, we are going to be trying to invest in other cloud mining firms. This is to minimize the risk of trusting a single entity with this amount of money.


Btw, I've also posted this on my blog if you want something easy to tweet :) http://earlz.net/view/2014/09/29/0423/envycoin-faq


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 04:49:45 AM
1.- For how long time you are going to pay the profits from Hashlets, to Envy Holders ? 3 months? 6 months? lifetime ?

2.- I suppose the daily profits gonna be shared daily right?

3.-And how this it works, we need to download the wallet and send our coins there, so you can check the amounts of coins we have and you gonna share the profits from hashlets to the people who own the coins and share the information with you, and then you send the btc to our personal btc address?
Thats mean, perhaps not all the people follow this steps, and the amount of  profits gonna be higher for the people what follow all the steps, right?
You need to take in consideration perhaps more than a half of coins, are going to be trading on Bittrex, so who gonna own that profits?

I have some Primes and i know very well how Gawminers work, and i like it very much, i already got my ROI in few months.
For all investors i can say, you can trust in Josh from Gawminers.


1. Lifetime.

2. Profits will be paid out weekly at the start and moving to daily. The first few might been done by hand with a script running also so we can make sure it pays everyone correctly. Since this could be for thousands of people we will do it weekly until we can be sure the script will do it correctly and then will bring it to daily.

3. We have a block explorer and have already worked with them to add certain API commands so we can see how much each address has at a certain block. Basically a rich list but we can ask for what block we deem as the official block payouts will be based on. We are working on a signature to have for your addresses so we can confirm it is yours but the lead developer would have to explain that part more. And yes you have to sign up. This is stated everywhere you have to sign up. If you do not follow the steps we will have no way to send you the BTC so you have to fallow the simple steps we have. Yes we might only get 50% of the coins signed up. That means others will have higher profit. Your profit share is your percentage of the total coins signed up. I already run this type of deal on a smaller scale with Firecoin. Go ask all of the people signed up how they like. Ask if I have missed any payments. The point for Envy is to make this a much larger scale because I fully believe it will help the coin be more stable thus being a better coin to use for merchants. 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 05:09:45 AM
1.- For how long time you are going to pay the profits from Hashlets, to Envy Holders ? 3 months? 6 months? lifetime ?

2.- I suppose the daily profits gonna be shared daily right?

3.-And how this it works, we need to download the wallet and send our coins there, so you can check the amounts of coins we have and you gonna share the profits from hashlets to the people who own the coins and share the information with you, and then you send the btc to our personal btc address?
Thats mean, perhaps not all the people follow this steps, and the amount of  profits gonna be higher for the people what follow all the steps, right?
You need to take in consideration perhaps more than a half of coins, are going to be trading on Bittrex, so who gonna own that profits?

I have some Primes and i know very well how Gawminers work, and i like it very much, i already got my ROI in few months.
For all investors i can say, you can trust in Josh from Gawminers.


1. Lifetime.

2. Profits will be paid out weekly at the start and moving to daily. The first few might been done by hand with a script running also so we can make sure it pays everyone correctly. Since this could be for thousands of people we will do it weekly until we can be sure the script will do it correctly and then will bring it to daily.

3. We have a block explorer and have already worked with them to add certain API commands so we can see how much each address has at a certain block. Basically a rich list but we can ask for what block we deem as the official block payouts will be based on. We are working on a signature to have for your addresses so we can confirm it is yours but the lead developer would have to explain that part more. And yes you have to sign up. This is stated everywhere you have to sign up. If you do not follow the steps we will have no way to send you the BTC so you have to fallow the simple steps we have. Yes we might only get 50% of the coins signed up. That means others will have higher profit. Your profit share is your percentage of the total coins signed up. I already run this type of deal on a smaller scale with Firecoin. Go ask all of the people signed up how they like. Ask if I have missed any payments. The point for Envy is to make this a much larger scale because I fully believe it will help the coin be more stable thus being a better coin to use for merchants. 


Very nice, one more question, if i bought more coins, i can added it to my account to get more profits from hashlets?

Thanks for your last fast answer, im gonna help you on twitter, i like the idea of this coin :)

Exactly. You can add and subtract coins any time. The only thing you have to do is sign up and when we run the payout your coins have to be in that address. That will be the total for that pay out period.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: brian_nguyen on September 29, 2014, 05:10:22 AM
Did you guys happen to recalculate ROI with the current BTC price since cost/maintenance will be higher?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 05:18:30 AM
Did you guys happen to recalculate ROI with the current BTC price since cost/maintenance will be higher?

I can run those numbers quick for current conditions.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 05:38:32 AM
I just changed the spread sheet to current conditions and the price I have negotiated. Now remember these are number if we sell out. The sad part is when I started this the price was up around $480 and we would have been in the neighborhood of 30,000 MH/s

https://docs.google.com/spreadsheets/d/1B2qTd_UwkVv-YdrCgP9h_Zyx1O6C-n-Lze2na0tvKPM/edit?usp=sharing


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 06:28:18 AM
So, there has been a lot of FUD around Envycoin. A lot of it comes from a misunderstanding of the target for this currency. Here, I want to compile a FAQ of sorts to hopefully help people to understand these things.

### Why not just buy hashlets?

This is the most common question I've heard. Envycoin comes with a number of features that command a premium.

1. You can't buy a pizza with hashlets. Hashlets are not divisible
2. Hashlets are not easily sold or exchanged. This is especially true with their new Hashpoints system
3. Hashlets come in many varieties. Giving someone a Hashlet Prime is different from a Hashlet Zen.
4. Automatic reinvestment. To ensure overtime you ideally make more money than you are now.
5. Bitcoin features. Including stealth transactions, multisig, etc
6. We will benefit from GAW's new hashpoint system at a very large scale.

Although Envycoin can function as a proxy to Hashlets, this is not it's only goal. It's primary goal is a stable and non-volatile currency. Ideally, the mining inflation rate will equal the tendency to hold the coin for profit share revenue, yielding a fairly stable economic outlook.

### How do I know this isn't a scam?

Well, if this is a scam, it's a pretty shitty one. First off, Me and Tom, the Envycoin Team NEVER has access to the ICO funds. The only funds we have access to out of that is 5 BTC to repay Tom for the non-refundable ICO deposit.

Second, our idenities are not a secret by any means. If we run off, we know there will be repurcussions.

### Why 1000 BTC? Why not something smaller?

The more initial investment we have into the cloud mining platform, the more profit and faster ROI for everyone. With larger volumes, we get larger discounts.

### No way you'll get ROI in 70 days

This might be true. We took difficulty increases and everything into account when calculating this number, but it's always subject to change.

### Why isn't the wallet out yet?

We have decided to keep mining closed up until after the ICO. We have a functioning network, but it is kept in secret right now. I have code reviewed many coins and am a very well qualified coin developer. We will strive to give at least 24 hours notice before mining will begin

### GAW is just a bunch of scammers

Tom has vetted GAW and we think they are legitimate. We see no reason to not trust them.

However, we are not focused only on GAW. Our initial investment will most likely be with them, but with the reinvestment fund, we are going to be trying to invest in other cloud mining firms. This is to minimize the risk of trusting a single entity with this amount of money.


Btw, I've also posted this on my blog if you want something easy to tweet :) http://earlz.net/view/2014/09/29/0423/envycoin-faq

Wow While I was typing my response I totally missed yours. Thanks earlz.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: JTB800 on September 29, 2014, 09:21:46 AM
I really like this concept, but I do have one bone of contention. Why are you destroying any unsold ICO coins? This is a tactic that favors miners over early investors (and crypto ICO's reputations are already in tough shape). The price is already pretty darned high with ENVY valued at around $750,000. Now, I realize that market cap is less relevant than most coins in that your plan involves an NAV. Still, market psychology wise, it matters.

Early investors are who should matter in the case of an ICO (or one shouldn't have one).Let's put aside the fact that most miners are nothing but vultures picking at the coin until the "meat" is consumed and quickly moving on to the next coin. Let's even pretend they are mostly angels, just looking to provide a nice service so that everyone can succeed. They still are being favored here as they will know if the coin is good to go, how much enthusiasm has been generated by the ICO, and even the market price for it on Bittrex.

They have nearly zero risk and yet are being put on the same footing (or better) as people risking their BTC upfront. Any unsold coins should go to early investors for two reasons. First, it gives one an incentive to buy the ICO as it may result in getting more coins for the same investment. Secondly, it gets the ball rolling as far as enthusiasm is concerned. So, even if the early investors did not get "extra" shares, they are still happy in that the ICO sold out and demonstrated some initial excitement (and demand) for the coin.

Yes, yes, I know -- less outstanding coins mean "we all win". The trouble with that argument is that it is a miner's argument. No early investor would prefer less coins -- not one! And there is a good reason for that in that it would be stupid to argue for less coins for less float. Now, if ICO investors were buying 100% of the float, that is a different matter entirely, but that is not the case with your ICO. 

I like ICOs and am a regular investor, and as I say, your coin idea seems terrific to me. But, there is a fairness gap and I wanted to point it out.

Still, best of luck to you!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: earlz on September 29, 2014, 03:56:37 PM
I really like this concept, but I do have one bone of contention. Why are you destroying any unsold ICO coins? This is a tactic that favors miners over early investors (and crypto ICO's reputations are already in tough shape). The price is already pretty darned high with ENVY valued at around $750,000. Now, I realize that market cap is less relevant than most coins in that your plan involves an NAV. Still, market psychology wise, it matters.

Early investors are who should matter in the case of an ICO (or one shouldn't have one).Let's put aside the fact that most miners are nothing but vultures picking at the coin until the "meat" is consumed and quickly moving on to the next coin. Let's even pretend they are mostly angels, just looking to provide a nice service so that everyone can succeed. They still are being favored here as they will know if the coin is good to go, how much enthusiasm has been generated by the ICO, and even the market price for it on Bittrex.

They have nearly zero risk and yet are being put on the same footing (or better) as people risking their BTC upfront. Any unsold coins should go to early investors for two reasons. First, it gives one an incentive to buy the ICO as it may result in getting more coins for the same investment. Secondly, it gets the ball rolling as far as enthusiasm is concerned. So, even if the early investors did not get "extra" shares, they are still happy in that the ICO sold out and demonstrated some initial excitement (and demand) for the coin.

Yes, yes, I know -- less outstanding coins mean "we all win". The trouble with that argument is that it is a miner's argument. No early investor would prefer less coins -- not one! And there is a good reason for that in that it would be stupid to argue for less coins for less float. Now, if ICO investors were buying 100% of the float, that is a different matter entirely, but that is not the case with your ICO. 

I like ICOs and am a regular investor, and as I say, your coin idea seems terrific to me. But, there is a fairness gap and I wanted to point it out.

Still, best of luck to you!

This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 04:02:18 PM
I really like this concept, but I do have one bone of contention. Why are you destroying any unsold ICO coins? This is a tactic that favors miners over early investors (and crypto ICO's reputations are already in tough shape). The price is already pretty darned high with ENVY valued at around $750,000. Now, I realize that market cap is less relevant than most coins in that your plan involves an NAV. Still, market psychology wise, it matters.

Early investors are who should matter in the case of an ICO (or one shouldn't have one).Let's put aside the fact that most miners are nothing but vultures picking at the coin until the "meat" is consumed and quickly moving on to the next coin. Let's even pretend they are mostly angels, just looking to provide a nice service so that everyone can succeed. They still are being favored here as they will know if the coin is good to go, how much enthusiasm has been generated by the ICO, and even the market price for it on Bittrex.

They have nearly zero risk and yet are being put on the same footing (or better) as people risking their BTC upfront. Any unsold coins should go to early investors for two reasons. First, it gives one an incentive to buy the ICO as it may result in getting more coins for the same investment. Secondly, it gets the ball rolling as far as enthusiasm is concerned. So, even if the early investors did not get "extra" shares, they are still happy in that the ICO sold out and demonstrated some initial excitement (and demand) for the coin.

Yes, yes, I know -- less outstanding coins mean "we all win". The trouble with that argument is that it is a miner's argument. No early investor would prefer less coins -- not one! And there is a good reason for that in that it would be stupid to argue for less coins for less float. Now, if ICO investors were buying 100% of the float, that is a different matter entirely, but that is not the case with your ICO. 

I like ICOs and am a regular investor, and as I say, your coin idea seems terrific to me. But, there is a fairness gap and I wanted to point it out.

Still, best of luck to you!

The reason we are destroying them is because they are all mined and we have limited options. If we were to allow trading to begin and not destroy the market would fear we would dump all remaining coins as a money grab. But if a destroy them they will be out of circulation creating a rarer coin. Obviously this is not what we want but it is the better of two evils. And on the comment about the price. We will roughly $400k market cap after the ICO of we sell. The price was chosen because we needed enough financing to buy an amount of Hashlets that would make a difference. We went 50 million coins because it brought the price per coin in a range small investors could grab a descent amount of coins. If we sell out there will only be 3.67 million new coins over the next year and then roughly 2.5 million the remaining years. This means that the people that paid for their coins will far outweigh those who mined it. 14,400 coins will be mined per day. Which at current ICO rate is .28 BTC per day. This is a pretty small amount for a coin that would have a $400k market cap. And we run the risk that it will not be attractive to miners thus the network will not be secure. I just ran the new numbers since BTC has tanked and it does hurt the time to make back your coins by just holding it now has moved from 70 days when the price was 430 and it now is 114. But what other coin can say even if the price of the coin tanks you can hold it and you will make your money back? We can say this. Something that will greatly effect it is the price of BTC when we buy the hashlets and how many people buy the ICO.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 04:06:15 PM
I really like this concept, but I do have one bone of contention. Why are you destroying any unsold ICO coins? This is a tactic that favors miners over early investors (and crypto ICO's reputations are already in tough shape). The price is already pretty darned high with ENVY valued at around $750,000. Now, I realize that market cap is less relevant than most coins in that your plan involves an NAV. Still, market psychology wise, it matters.

Early investors are who should matter in the case of an ICO (or one shouldn't have one).Let's put aside the fact that most miners are nothing but vultures picking at the coin until the "meat" is consumed and quickly moving on to the next coin. Let's even pretend they are mostly angels, just looking to provide a nice service so that everyone can succeed. They still are being favored here as they will know if the coin is good to go, how much enthusiasm has been generated by the ICO, and even the market price for it on Bittrex.

They have nearly zero risk and yet are being put on the same footing (or better) as people risking their BTC upfront. Any unsold coins should go to early investors for two reasons. First, it gives one an incentive to buy the ICO as it may result in getting more coins for the same investment. Secondly, it gets the ball rolling as far as enthusiasm is concerned. So, even if the early investors did not get "extra" shares, they are still happy in that the ICO sold out and demonstrated some initial excitement (and demand) for the coin.

Yes, yes, I know -- less outstanding coins mean "we all win". The trouble with that argument is that it is a miner's argument. No early investor would prefer less coins -- not one! And there is a good reason for that in that it would be stupid to argue for less coins for less float. Now, if ICO investors were buying 100% of the float, that is a different matter entirely, but that is not the case with your ICO. 

I like ICOs and am a regular investor, and as I say, your coin idea seems terrific to me. But, there is a fairness gap and I wanted to point it out.

Still, best of luck to you!

This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold

If bittrex is ok with allowing this I am all for it because I want to protect ICO investors. The one problem I see is that Bittrex might not want to change this atleast while durning ICO under thier roof. But it is worth asking them. My number one goal is to protect people BTC investment.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on September 29, 2014, 05:24:33 PM
I wanted to just take some time to explain why this is better than just buying a share of a Hashlet.

If we just did mining shares the only money you will have is the income from that Hashlet. You will never be able to buy anything with it. Your only options are to sell it to get BTC or to just keep receiving your payments. With Envy our long term goal is to be added to all the major merchants accepting BTC. You will be able to buy and sell your ENVY on an exchange, we fully plan for you to be able to buy real world products plus other features that we will develop for the coin over time. Value will be added to the coin just like other coins that have active development teams. The profit share is just a feature of this coin. It may not be a tech feature but it is still a feature of this coin. How many coins can you say if the price of the coin drops I can just hang on to it and I will eventually get my money back? You will be getting your coins to spend just like any other coins but you have a security blanket of the profit share.
 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: JTB800 on September 29, 2014, 06:05:32 PM


This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold

Yes, that would be an improvement. But, I didn't bring this up initially as I am not here to FUD your coin (in fact, I am very interested in it), but why is there mining at all? Why aren't we using 100% of the BTC invested toward the plan. Aren't the miners just diluting everyone's share of the income?

As far as it being "hard to coordinate with Bittrex", I doubt that, only because I know for a fact that Poloniex has run ICO's using that method. All that has to be done is that you (or they) calculate the proper pro rata share at the end of the ICO and they add that to the wallet. They have all of the wallets (and coins!), so it can't be that hard.

Like I said, I am not here to disparage the coin, and I may get some anyway, but I am confused on the details. Isn't at least part of the appeal that if we all chip in to the coin, we will get a better hashrate deal than if one did it on their own? And on top of that we will have a nice coin to boot that might rise in value, get added features, etc.?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: JTB800 on September 29, 2014, 06:14:00 PM

The reason we are destroying them is because they are all mined and we have limited options. If we were to allow trading to begin and not destroy the market would fear we would dump all remaining coins as a money grab. But if a destroy them they will be out of circulation creating a rarer coin. Obviously this is not what we want but it is the better of two evils. And on the comment about the price. We will roughly $400k market cap after the ICO of we sell. The price was chosen because we needed enough financing to buy an amount of Hashlets that would make a difference. We went 50 million coins because it brought the price per coin in a range small investors could grab a descent amount of coins. If we sell out there will only be 3.67 million new coins over the next year and then roughly 2.5 million the remaining years. This means that the people that paid for their coins will far outweigh those who mined it. 14,400 coins will be mined per day. Which at current ICO rate is .28 BTC per day. This is a pretty small amount for a coin that would have a $400k market cap. And we run the risk that it will not be attractive to miners thus the network will not be secure. I just ran the new numbers since BTC has tanked and it does hurt the time to make back your coins by just holding it now has moved from 70 days when the price was 430 and it now is 114. But what other coin can say even if the price of the coin tanks you can hold it and you will make your money back? We can say this. Something that will greatly effect it is the price of BTC when we buy the hashlets and how many people buy the ICO.

Miners will "secure the network" for very little money (they will just whine about it). But more importantly, they will gladly secure the network if the coin is a big success. My suggestions are toward making it a success, not to FUD. Miners are basically parasites to coins anywhere near the beginning of their life. And especially with a coin like this, the higher the rate of return the better it is.

It is an interesting idea for a coin though. I wish you the best of luck.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: brian_nguyen on September 29, 2014, 06:15:53 PM


This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold

Yes, that would be an improvement. But, I didn't bring this up initially as I am not here to FUD your coin (in fact, I am very interested in it), but why is there mining at all? Why aren't we using 100% of the BTC invested toward the plan. Aren't the miners just diluting everyone's share of the income?

As far as it being "hard to coordinate with Bittrex", I doubt that, only because I know for a fact that Poloniex has run ICO's using that method. All that has to be done is that you (or they) calculate the proper pro rata share at the end of the ICO and they add that to the wallet. They have all of the wallets (and coins!), so it can't be that hard.

Like I said, I am not here to disparage the coin, and I may get some anyway, but I am confused on the details. Isn't at least part of the appeal that if we all chip in to the coin, we will get a better hashrate deal than if one did it on their own? And on top of that we will have a nice coin to boot that might rise in value, get added features, etc.?

Pure POS might not be a bad idea to consider and that even reward the original investors further.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 06:19:35 PM


This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold

Yes, that would be an improvement. But, I didn't bring this up initially as I am not here to FUD your coin (in fact, I am very interested in it), but why is there mining at all? Why aren't we using 100% of the BTC invested toward the plan. Aren't the miners just diluting everyone's share of the income?

As far as it being "hard to coordinate with Bittrex", I doubt that, only because I know for a fact that Poloniex has run ICO's using that method. All that has to be done is that you (or they) calculate the proper pro rata share at the end of the ICO and they add that to the wallet. They have all of the wallets (and coins!), so it can't be that hard.

Like I said, I am not here to disparage the coin, and I may get some anyway, but I am confused on the details. Isn't at least part of the appeal that if we all chip in to the coin, we will get a better hashrate deal than if one did it on their own? And on top of that we will have a nice coin to boot that might rise in value, get added features, etc.?

We have mining because this is still a coin so we have to have a secure network. If we went PoS it would be very difficult to track everyone’s coins because at least the other PoS coin I have worked on when your coins are staked they will actually show in a different address. So everyone that has coins staked when we run the payout will now lose out on those coins for their percentage. This would discourage people from staking coins. So the miners are needed to make this work. We are doing our best to limit the risk for ICO investors.
And yes I have the deal worked out with GAW on how much each Hashlet will cost. It is a better deal than anyone will get unless you have 100’s of thousands of dollars. And the real value will be what the coin is worth. We will be working hard to be added to merchants and will continue to develop the coin. The fact that it is asset backed and that asset makes money is a way to reduce the risk for holders of the coin.  
 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 06:24:35 PM

The reason we are destroying them is because they are all mined and we have limited options. If we were to allow trading to begin and not destroy the market would fear we would dump all remaining coins as a money grab. But if a destroy them they will be out of circulation creating a rarer coin. Obviously this is not what we want but it is the better of two evils. And on the comment about the price. We will roughly $400k market cap after the ICO of we sell. The price was chosen because we needed enough financing to buy an amount of Hashlets that would make a difference. We went 50 million coins because it brought the price per coin in a range small investors could grab a descent amount of coins. If we sell out there will only be 3.67 million new coins over the next year and then roughly 2.5 million the remaining years. This means that the people that paid for their coins will far outweigh those who mined it. 14,400 coins will be mined per day. Which at current ICO rate is .28 BTC per day. This is a pretty small amount for a coin that would have a $400k market cap. And we run the risk that it will not be attractive to miners thus the network will not be secure. I just ran the new numbers since BTC has tanked and it does hurt the time to make back your coins by just holding it now has moved from 70 days when the price was 430 and it now is 114. But what other coin can say even if the price of the coin tanks you can hold it and you will make your money back? We can say this. Something that will greatly effect it is the price of BTC when we buy the hashlets and how many people buy the ICO.

Miners will "secure the network" for very little money (they will just whine about it). But more importantly, they will gladly secure the network if the coin is a big success. My suggestions are toward making it a success, not to FUD. Miners are basically parasites to coins anywhere near the beginning of their life. And especially with a coin like this, the higher the rate of return the better it is.

It is an interesting idea for a coin though. I wish you the best of luck.


Thank you. I know it is a tough sell because people do not like handing out money to nameless people on a forum. But I may be nameless to you guys but I have given my personal info to GAW and to Crypto Asian. Since we are having Bittrex transfer the funds directly to GAW I will not be able to run away with the BTC. And if I tried to scam people by doing something with the Hashlets GAW would be able to turn me into the authorities. The CEO of GAW has confirmed that I have been talking to them and they are in full support of this project.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex Now Live | Hashlet Backed
Post by: tom14cat14 on September 29, 2014, 06:27:30 PM


This would be /very/ hard to coordinate with Bittrex. However, how would you feel about the total coin supply and mining reward being changed to match the amount of coins sold?

For instance, the 10 coin block rewards are currently assuming we sell all Envycoin's in ICO. If we only sold half, we could halve this reward so that really, you'd own that large of a stake in the supply. So, if you buy 1% of the ICO coins, you'd own 0.5% of the total supply (after it's mined out, in 10 years) regardless of how many coins are sold

Yes, that would be an improvement. But, I didn't bring this up initially as I am not here to FUD your coin (in fact, I am very interested in it), but why is there mining at all? Why aren't we using 100% of the BTC invested toward the plan. Aren't the miners just diluting everyone's share of the income?

As far as it being "hard to coordinate with Bittrex", I doubt that, only because I know for a fact that Poloniex has run ICO's using that method. All that has to be done is that you (or they) calculate the proper pro rata share at the end of the ICO and they add that to the wallet. They have all of the wallets (and coins!), so it can't be that hard.

Like I said, I am not here to disparage the coin, and I may get some anyway, but I am confused on the details. Isn't at least part of the appeal that if we all chip in to the coin, we will get a better hashrate deal than if one did it on their own? And on top of that we will have a nice coin to boot that might rise in value, get added features, etc.?

Pure POS might not be a bad idea to consider and that even reward the original investors further.


I know you posted this while I was typing the other response but I will still answer this. I have this same program but on a smaller scale. The coins when staked go to a different address and therefore will not be counted for your percentage if staked during payout. This means it will encourage people to not stake. Believe me I want PoS but with the issue it would cause for the profit share we felt it was best to do PoW.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: armlock on September 29, 2014, 09:16:52 PM
Interesting, I will keep watching


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Maxmast on September 30, 2014, 05:22:53 AM
so many ico coin.
keep watching.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vindyne8 on September 30, 2014, 07:05:25 AM
The money is not wasted. If enough of the ICO sells to implement the plan this will be a truly asset-backed currency. The hashlets (and reinvestment) will allow you to gain ROI without having to sell the coins you purchased. The coin itself will be integrated into point of sale platforms, merchants, large exchanges, and have additional features added to it, going forward. This is more than just a hashlet profit program. This is more than just a currency that will have full support. It's both. That's why this is the most sensible ICO to come along in a while.

If the minimum amount does not sell out, all purchases will be refunded by Bittrex. The only thing lost in that case, will be opportunity.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: qiwoman2 on September 30, 2014, 11:34:32 AM
When can we mine it? Also I am interested in both to back our qbk currency as you have a similar proof of baghold program like our coin has. Also are you open to cross promotions and JV's with established coins such as ours?. I like your idea and am very happy with zencloud/gaw too so will want to purchase from Trex some Envy. Also any bounties going for Promos on twitter/ blogs? Also ENVY Bagholders will get paid weekly holder dividend bonuses correct? If so I like this.. :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on September 30, 2014, 05:27:51 PM
I am writing to everyone today to let everyone know that I have decided to cancel the ICO for ENVY Coin. I still believe in this idea but I have failed to show people the benefit that I believe this coin would have had. Based on the amount sold and the comments from forum members mainly in Hashtalk.org it has shown that most of you do not think this is a good idea or at least that I am not the person you want to trust your money with. I want to thank those that have helped me put this together and a big thank you to GAW for everything they had been trying to do. I know they have received a big target on their back after Josh posted his support. I have decided to bite the bullet eat the cost of development and clear lets things calm down for Josh and myself. I hope that maybe someday in the future someone else will be able to add this to their coin and make it a big success. I have informed Bittrex to close the ICO and refund everyone. I have just got off the phone with GAW and told them my intentions. I apologize for everyone that has bought and believed in this project but the reality is we most likely would not have met the min BTC sold to meet the terms of the ICO.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: candlesticks on September 30, 2014, 05:39:59 PM
I am writing to everyone today to let everyone know that I have decided to cancel the ICO for ENVY Coin. I still believe in this idea but I have failed to show people the benefit that I believe this coin would have had. Based on the amount sold and the comments from forum members mainly in Hashtalk.org it has shown that most of you do not think this is a good idea or at least that I am not the person you want to trust your money with. I want to thank those that have helped me put this together and a big thank you to GAW for everything they had been trying to do. I know they have received a big target on their back after Josh posted his support. I have decided to bite the bullet eat the cost of development and clear lets things calm down for Josh and myself. I hope that maybe someday in the future someone else will be able to add this to their coin and make it a big success. I have informed Bittrex to close the ICO and refund everyone. I have just got off the phone with GAW and told them my intentions. I apologize for everyone that has bought and believed in this project but the reality is we most likely would not have met the min BTC sold to meet the terms of the ICO.


That's too bad,  there were probably many that were waiting until the last minute to buy. No point in tying up BTC for a week, when we could be trading for profit, and have more to invest.   Good luck in your future ventures.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on September 30, 2014, 06:03:34 PM
I am writing to everyone today to let everyone know that I have decided to cancel the ICO for ENVY Coin. I still believe in this idea but I have failed to show people the benefit that I believe this coin would have had. Based on the amount sold and the comments from forum members mainly in Hashtalk.org it has shown that most of you do not think this is a good idea or at least that I am not the person you want to trust your money with. I want to thank those that have helped me put this together and a big thank you to GAW for everything they had been trying to do. I know they have received a big target on their back after Josh posted his support. I have decided to bite the bullet eat the cost of development and clear lets things calm down for Josh and myself. I hope that maybe someday in the future someone else will be able to add this to their coin and make it a big success. I have informed Bittrex to close the ICO and refund everyone. I have just got off the phone with GAW and told them my intentions. I apologize for everyone that has bought and believed in this project but the reality is we most likely would not have met the min BTC sold to meet the terms of the ICO.


That's too bad,  there were probably many that were waiting until the last minute to buy. No point in tying up BTC for a week, when we could be trading for profit, and have more to invest.   Good luck in your future ventures.

Thanks. I do not think I will do any future ventures. This was a huge finical loss for me and I am just not good at dealing with trolls I guess.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 07:13:57 PM
For those that liked this IDEA. I have been doing this small scale on Fireocin. It doesnt have the payment that this would have since I paid for those hashlets out of my pocket but you can at least see how it works. https://bitcointalk.org/index.php?topic=702951.0


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: mafort1469 on September 30, 2014, 08:01:57 PM
All I can say FUCK! I really wanted this happen and you had my full support tom14cat14. You have proven yourself time and time again to me and if others can't see it then it is definitely their loss. How could anyone not see the benefits that this would bring to the cryptoworld? I do believe that most people were waiting until the last minute to buy, either to sell other coins or to get that last paycheck and then buy. I know I was planning on doing this on Friday along with what I had already bought. Damn!! Always a good thing is trashed by fucking trolls. I will put what I bought into firecoin as I know that is a good coin and have received payments from the mining profit share. Maybe more marketing first and then a redeployment? I would really hate to see a promising coin go in the trash. Anything I can do to help, PLEASE let me know. Thanks!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 08:08:50 PM
All I can say FUCK! I really wanted this happen and you had my full support tom14cat14. You have proven yourself time and time again to me and if others can't see it then it is definitely their loss. How could anyone not see the benefits that this would bring to the cryptoworld? I do believe that most people were waiting until the last minute to buy, either to sell other coins or to get that last paycheck and then buy. I know I was planning on doing this on Friday along with what I had already bought. Damn!! Always a good thing is trashed by fucking trolls. I will put what I bought into firecoin as I know that is a good coin and have received payments from the mining profit share. Maybe more marketing first and then a redeployment? I would really hate to see a promising coin go in the trash. Anything I can do to help, PLEASE let me know. Thanks!

Thank you for the support. I am pretty beat up after envy. I never thought hashtalk would be so harsh to it. I will just keep working on Firecoin. GAW was ready to pull their support because of how many complaints they received. Granted we still could have bought it just would have had no official backing. I figured it was better to get everyone their money back sooner rather then later. We had only sold 3.5 BTC worth and the min needed was 100 BTC and even that would have been a pretty small amount of hashpower. 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: JTB800 on September 30, 2014, 08:51:38 PM
I am just curious. It seems like there is a descent amount of support for this coin now. I can tell Bittrex to reopen since refunds have not started. But we would have to get to 100 BTC


Yes, I think you threw in the towel too early. I don't know what they were saying at hashtalk.org (actually, I have never even heard of hashtalk.org), but you should really give it a shot.

I was one of those questioning the structure of the deal (and was hoping you would change it), but I was still going to invest at least a little. I think the idea is solid. Also, you quit just after quiwoman2 (who runs the QBK coin) reached out to you (on this forum). She sounded interested in the concept. That's worth a conversation right there. QBK had its ICO on Poloniex at .0002 and in about a month it is trading at around .00062 (as I write this), plus it has already paid a dividend.

People wait until the last minute. I hated the Craigscoin idea (and definitely did not invest -- thankfully as it was a dud), but nearly all of the BTC came in during the last 48 hours. (That was on Bittrex too)

I say, as best as you can, tweak the details of the ICO to answer your critics and still make you happy. Now, I have no idea what your critics were so upset about at hashtalk.org, so that may not be possible. All I am saying is now that you have some feedback, maybe you would like to make a minor change or two to the ICO terms, and continue on. Maybe extend the ICO deadline a bit also.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 09:00:51 PM
I am just curious. It seems like there is a descent amount of support for this coin now. I can tell Bittrex to reopen since refunds have not started. But we would have to get to 100 BTC


Yes, I think you threw in the towel too early. I don't know what they were saying at hashtalk.org (actually, I have never even heard of hashtalk.org), but you should really give it a shot.

I was one of those questioning the structure of the deal (and was hoping you would change it), but I was still going to invest at least a little. I think the idea is solid. Also, you quit just after quiwoman2 (who runs the QBK coin) reached out to you (on this forum). She sounded interested in the concept. That's worth a conversation right there. QBK had its ICO on Poloniex at .0002 and in about a month it is trading at around .00062 (as I write this), plus it has already paid a dividend.

People wait until the last minute. I hated the Craigscoin idea (and definitely did not invest -- thankfully as it was a dud), but nearly all of the BTC came in during the last 48 hours. (That was on Bittrex too)

I say, as best as you can, tweak the details of the ICO to answer your critics and still make you happy. Now, I have no idea what your critics were so upset about at hashtalk.org, so that may not be possible. All I am saying is now that you have some feedback, maybe you would like to make a minor change or two to the ICO terms, and continue on. Maybe extend the ICO deadline a bit also.

Thank you for the feedback. GAW was debating pulling their support for it(we still can buy the hashlets) because the people on Hashtalk were threatening to sell their accounts. And said Envy was to big of risk for GAW.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on September 30, 2014, 09:05:12 PM
I have added a poll asking if I should open it back up. And please post if you want me to continue with this. I can say there will be a few changes to the plan. 1 Being the name GAW and hashlets will be removed from the plan and it will be changed to cloud mining. It will be a mix of Hashlets and other cloud mining providing the profit. This will spread out the risk. I will also review the feedback I have received and see where we can improve.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: vegasguy on September 30, 2014, 09:08:48 PM
I am just curious. It seems like there is a descent amount of support for this coin now. I can tell Bittrex to reopen since refunds have not started. But we would have to get to 100 BTC


Yes, I think you threw in the towel too early. I don't know what they were saying at hashtalk.org (actually, I have never even heard of hashtalk.org), but you should really give it a shot.

I was one of those questioning the structure of the deal (and was hoping you would change it), but I was still going to invest at least a little. I think the idea is solid. Also, you quit just after quiwoman2 (who runs the QBK coin) reached out to you (on this forum). She sounded interested in the concept. That's worth a conversation right there. QBK had its ICO on Poloniex at .0002 and in about a month it is trading at around .00062 (as I write this), plus it has already paid a dividend.

People wait until the last minute. I hated the Craigscoin idea (and definitely did not invest -- thankfully as it was a dud), but nearly all of the BTC came in during the last 48 hours. (That was on Bittrex too)

I say, as best as you can, tweak the details of the ICO to answer your critics and still make you happy. Now, I have no idea what your critics were so upset about at hashtalk.org, so that may not be possible. All I am saying is now that you have some feedback, maybe you would like to make a minor change or two to the ICO terms, and continue on. Maybe extend the ICO deadline a bit also.

I came here after I went to invent in the ico on bittrex. I saw "Disabled" and thought you had reached your goal already. There is no doubt that the cryptocoin world in general is the most brutal, most critical and harshest group there is. I try to be as kind as I can with my comments, especially to a respected member that has a proven track record. Ive never launched a coin/ipo/ico but I hear its very difficult and add to that, your trying to sell it to the most critical group there is. We have to go back and think why. The answer is simple: Every last one of us has been stolen from, deceived , lied to, and conned. Some worse than others. Its an known fact I lost over $35,000 in BTCD to a keylogger virus planted in the zipcoin wallet. Sometimes though we shoot ourselves in the foot, and vent anger and frustration from something that happend months ago. I think you threw the towel in WAYYY too early. I dont need to tell you when you launch a coin, its gonna attract loads of haters and supporters. This is a BIG dissapointment as this would have been great. Maybe rest a bit and rethink things, and stop listening to the haters, they only wish they could do what you are doing.

Vegas

Hmm.. you know you did an AMAZING job resurecting firecoin. What about a thread with a weekly or monthly poll, on which coin should be resurrected. I can assure you we ALL have LOADS of "locked" coins in wallets that are dead. Now THATS what the cryptocoin world REALLY needs, and you are one of probably a handful of people in the WORLD that can do that! Maybe you would take a percentage of each coin, and people would vote on the next coin, once one project is complete. I would LOVE to see that happen! There are LOADS of sunken titanics with treasures, we just cant get at them.. BUT you can!

Ill give you some ideas of great coins that died before their time : Elite, Blackdoge (doge is back!! ;), Corecoin, Double Eagle, Vault, X15c, Keycoin (WOW, WHY did this die!?!?), Plutonium (OMG this one was STILL being traded after its death AND going up in price), Riot, Rox, AND OMG how could I forget XXX coin, BIG BIG money, think the wallet still works, but its a car without a driver. People have LOST LOADS in XXX because dev disappeared. I alone have 28,000 worthless coins, but it just needs a dev, and a GOOD one, and price will get sky high. Noblecoin is functional, but can not move further. Its VERY propular with very active community, but dev has promised it will move to POS for the past 6 months, and freely admits he doesnt know how to implement, and is looking to hire an experienced dev. I think if you really did this , there is loads of money, as people have loads "locked up", and their attitude towards you will be different, and a bit more humble. This changes the dynamics, because now YOU have something THEY want.  Some of these may have been resurected, not sure. What im saying is a man with your talents can EASILY get paid, there is LOADS of work, and you will be known as the second coming to raise the dead ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 09:14:27 PM
I am just curious. It seems like there is a descent amount of support for this coin now. I can tell Bittrex to reopen since refunds have not started. But we would have to get to 100 BTC


Yes, I think you threw in the towel too early. I don't know what they were saying at hashtalk.org (actually, I have never even heard of hashtalk.org), but you should really give it a shot.

I was one of those questioning the structure of the deal (and was hoping you would change it), but I was still going to invest at least a little. I think the idea is solid. Also, you quit just after quiwoman2 (who runs the QBK coin) reached out to you (on this forum). She sounded interested in the concept. That's worth a conversation right there. QBK had its ICO on Poloniex at .0002 and in about a month it is trading at around .00062 (as I write this), plus it has already paid a dividend.

People wait until the last minute. I hated the Craigscoin idea (and definitely did not invest -- thankfully as it was a dud), but nearly all of the BTC came in during the last 48 hours. (That was on Bittrex too)

I say, as best as you can, tweak the details of the ICO to answer your critics and still make you happy. Now, I have no idea what your critics were so upset about at hashtalk.org, so that may not be possible. All I am saying is now that you have some feedback, maybe you would like to make a minor change or two to the ICO terms, and continue on. Maybe extend the ICO deadline a bit also.

I came here after I went to invent in the ico on bittrex. I saw "Disabled" and thought you had reached your goal already. There is no doubt that the cryptocoin world in general is the most brutal, most critical and harshest group there is. I try to be as kind as I can with my comments, especially to a respected member that has a proven track record. Ive never launched a coin/ipo/ico but I hear its very difficult and add to that, your trying to sell it to the most critical group there is. We have to go back and think why. The answer is simple: Every last one of us has been stolen from, deceived , lied to, and conned. Some worse than others. Its an known fact I lost over $35,000 in BTCD to a keylogger virus planted in the zipcoin wallet. Sometimes though we shoot ourselves in the foot, and vent anger and frustration from something that happend months ago. I think you threw the towel in WAYYY too early. I dont need to tell you when you launch a coin, its gonna attract loads of haters and supporters. This is a BIG dissapointment as this would have been great. Maybe rest a bit and rethink things, and stop listening to the haters, they only wish they could do what you are doing.

Vegas

Thank you. I really didnt think i had any supporters. Very little activity in here and low volume so I thoguht I was saving everyone the trouble of selling 20 BTC worth not meeting the terms and then refunding next week.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: JTB800 on September 30, 2014, 09:41:10 PM
Thank you for the feedback. GAW was debating pulling their support for it(we still can buy the hashlets) because the people on Hashtalk were threatening to sell their accounts. And said Envy was to big of risk for GAW.

Why would they care -- wouldn't it be a good thing that the firm they were using was getting more customers?

Anyway, regarding your other comment about support, it is always tough to tell nowadays. There are so many coins and not everybody bothers to make a comment. (I almost didn't).

I do think the concept is solid, but must admit I am not an expert on cloud mining. I mean the income goes to zero relatively quickly as the difficulties increase, correct? Or are you mining other things besides BTC? But, my point is that despite those details it is a solid idea in that it has a floor to any losses. So, even if you never come up with another idea for the coin and the coin goes to zero, investors would still get their money back due to the mining within about 3 months. I still think that is a good idea!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 09:58:58 PM
Thank you for the feedback. GAW was debating pulling their support for it(we still can buy the hashlets) because the people on Hashtalk were threatening to sell their accounts. And said Envy was to big of risk for GAW.

Why would they care -- wouldn't it be a good thing that the firm they were using was getting more customers?

Anyway, regarding your other comment about support, it is always tough to tell nowadays. There are so many coins and not everybody bothers to make a comment. (I almost didn't).

I do think the concept is solid, but must admit I am not an expert on cloud mining. I mean the income goes to zero relatively quickly as the difficulties increase, correct? Or are you mining other things besides BTC? But, my point is that despite those details it is a solid idea in that it has a floor to any losses. So, even if you never come up with another idea for the coin and the coin goes to zero, investors would still get their money back due to the mining within about 3 months. I still think that is a good idea!

The few that really dumped on me are concerned that I will do something they will not like and then everyone will blame GAW.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: candlesticks on September 30, 2014, 10:16:42 PM
Thank you for the feedback. GAW was debating pulling their support for it(we still can buy the hashlets) because the people on Hashtalk were threatening to sell their accounts. And said Envy was to big of risk for GAW.

Why would they care -- wouldn't it be a good thing that the firm they were using was getting more customers?

Anyway, regarding your other comment about support, it is always tough to tell nowadays. There are so many coins and not everybody bothers to make a comment. (I almost didn't).

I do think the concept is solid, but must admit I am not an expert on cloud mining. I mean the income goes to zero relatively quickly as the difficulties increase, correct? Or are you mining other things besides BTC? But, my point is that despite those details it is a solid idea in that it has a floor to any losses. So, even if you never come up with another idea for the coin and the coin goes to zero, investors would still get their money back due to the mining within about 3 months. I still think that is a good idea!

The few that really dumped on me are concerned that I will do something they will not like and then everyone will blame GAW.


It's unfortunate that there are so many people in the crypto community, that direct blame everywhere except where it should be placed. How on earth could GAW be responsible for other peoples actions? Then again, this first couple pages of this thread proves how many people on bitcointalk are illiterate as well. I'm no whale, but I'll throw down whatever I can scrape up, if you choose to go ahead with this.   


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -canceled being refunded
Post by: tom14cat14 on September 30, 2014, 10:50:40 PM
Thank you for the feedback. GAW was debating pulling their support for it(we still can buy the hashlets) because the people on Hashtalk were threatening to sell their accounts. And said Envy was to big of risk for GAW.

Why would they care -- wouldn't it be a good thing that the firm they were using was getting more customers?

Anyway, regarding your other comment about support, it is always tough to tell nowadays. There are so many coins and not everybody bothers to make a comment. (I almost didn't).

I do think the concept is solid, but must admit I am not an expert on cloud mining. I mean the income goes to zero relatively quickly as the difficulties increase, correct? Or are you mining other things besides BTC? But, my point is that despite those details it is a solid idea in that it has a floor to any losses. So, even if you never come up with another idea for the coin and the coin goes to zero, investors would still get their money back due to the mining within about 3 months. I still think that is a good idea!

The few that really dumped on me are concerned that I will do something they will not like and then everyone will blame GAW.


It's unfortunate that there are so many people in the crypto community, that direct blame everywhere except where it should be placed. How on earth could GAW be responsible for other peoples actions? Then again, this first couple pages of this thread proves how many people on bitcointalk are illiterate as well. I'm no whale, but I'll throw down whatever I can scrape up, if you choose to go ahead with this.   

Thanks. If I open this back up there is still a chance we do not meet the minimum set with Bitrrex. The terms are 5million Envy minimum. Which is 100 BTC. I thought I was doing everyone a favor by closing it so the BTC were not tied up if we did not meet the minimum. I did not realize that so many people would wait until the end. I have not followed other ICO’s because I was busy working on my coins.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on September 30, 2014, 11:22:36 PM
I came here to check on things after seeing the delist warning on Bittrex as well.  I often keep pretty quiet but as you know have been watching since you launched, actual since before you launched.  Have definitely been interested but as I suspect most......have been waiting till towards the end of ICO to get in, really just in case something like this came up.  I think MOST would wait till towards the end of the ICO to make a decision.

I think the way you set the ICO up ensures that most will wait till towards the end!!  This is why I asked and confirmed with you that the price was gonna be the same all the way through, if you had not replied with a yes, I would have bought in immediately to ensure the cheapest price......but really only because you have PROVEN to me to be a straight shooter!!  Since there was no need for me to buy in at a cheaper price, waiting till the end of the ICO provided no repercussions so it only made sense to just wait and see how things unfold.

Whether you pull this back up or put your attention completely on Fire.......you got my support brother, it may not be much but what I can......you will have:-)

Sorry for your losses with what you have invested in this if you decide to pull the plug!!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 12:18:03 AM
I am going to have Bittrex open the ICO back up. I will let the community decide with voting with their money. Remember the terms still require 5 Million Envy be sold. I will also work on putting new info out about what cloud mining products will be bought. It will be a variety of Hashlets and other cloud mining. I am talk to LTC gear right now. Feel free to post any other cloud miners that have a good rep. (I know it is relative)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: kingscrown on October 01, 2014, 12:26:24 AM
edit read that problem is different.

disregard my post

good luck


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 12:29:37 AM
edit read that problem is different.

disregard my post

good luck

Thanks. If anything this should show people I am not a scammer I am concerned for their money. I thought I was doing everyone a favor to get them their BTC back right away since it looked like no one wanted it.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 01, 2014, 01:05:25 AM
Tom14cat14 you rock! Thank you for opening it back up. Once people realize what you have here, there will be a influx of buyers, maybe too late, but it WILL happen. Thanks again.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 01:19:24 AM
Tom14cat14 you rock! Thank you for opening it back up. Once people realize what you have here, there will be a influx of buyers, maybe too late, but it WILL happen. Thanks again.


I hope you are right. You can ask Richie from bittrex. I am guessing he will tell you how I am trying to do what is in the best interest of all the investors. My money is gone whether this works or fails. I want to make sure investors get their money’s worth.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 01, 2014, 01:24:03 AM
I predict much being bought towards the end, think all will be good:-)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 01, 2014, 01:26:31 AM
Oh shit.......I just noticed I made it to senior level 8)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 01:36:04 AM
Oh shit.......I just noticed I made it to senior level 8)

Well congrats on that. And to your other post I hope so. I see so many ICO coins say they will start to work on xyz technology after they get the money. They say it could take a while to develop so that whole time people will have a coins value purely based on what they hope to bring in the future. There will of course be that with envy since it is traded but there will also be a set value that is based on the income the miners will make.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 01, 2014, 01:44:20 AM
Oh shit.......I just noticed I made it to senior level 8)

Well congrats on that. And to your other post I hope so. I see so many ICO coins say they will start to work on xyz technology after they get the money. They say it could take a while to develop so that whole time people will have a coins value purely based on what they hope to bring in the future. There will of course be that with envy since it is traded but there will also be a set value that is based on the income the miners will make.

Hey tom, do you know when bittrex will resume? I am gathering btc so I can purchase more. Thanks.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: lolilo on October 01, 2014, 01:49:31 AM
I am going to have Bittrex open the ICO back up. I will let the community decide with voting with their money. Remember the terms still require 5 Million Envy be sold. I will also work on putting new info out about what cloud mining products will be bought. It will be a variety of Hashlets and other cloud mining. I am talk to LTC gear right now. Feel free to post any other cloud miners that have a good rep. (I know it is relative)

Tom14cat14 you sound like a decent guy. After bittrex will resume I will buy some ENVY :)!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 01:54:36 AM
I am going to have Bittrex open the ICO back up. I will let the community decide with voting with their money. Remember the terms still require 5 Million Envy be sold. I will also work on putting new info out about what cloud mining products will be bought. It will be a variety of Hashlets and other cloud mining. I am talk to LTC gear right now. Feel free to post any other cloud miners that have a good rep. (I know it is relative)

Tom14cat14 you sound like a decent guy. After bittrex will resume I will buy some ENVY :)!

Thank you. Glad to have you. They told me they will get it as soon as they can.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 01:55:36 AM
Oh shit.......I just noticed I made it to senior level 8)

Well congrats on that. And to your other post I hope so. I see so many ICO coins say they will start to work on xyz technology after they get the money. They say it could take a while to develop so that whole time people will have a coins value purely based on what they hope to bring in the future. There will of course be that with envy since it is traded but there will also be a set value that is based on the income the miners will make.

Hey tom, do you know when bittrex will resume? I am gathering btc so I can purchase more. Thanks.

Richie is the only one there right now so he said he we try to get to it as soon as he can.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: richiela on October 01, 2014, 02:04:55 AM
Oh shit.......I just noticed I made it to senior level 8)

Well congrats on that. And to your other post I hope so. I see so many ICO coins say they will start to work on xyz technology after they get the money. They say it could take a while to develop so that whole time people will have a coins value purely based on what they hope to bring in the future. There will of course be that with envy since it is traded but there will also be a set value that is based on the income the miners will make.

Hey tom, do you know when bittrex will resume? I am gathering btc so I can purchase more. Thanks.

Richie is the only one there right now so he said he we try to get to it as soon as he can.

Hey guys,

We had to cancel everything and now we're putting things back in place.  To do this we have to perform a full audit on the system.  I expect we will be back up and running no later than 9pm PDT.  I'm trying to get it done earlier.  I apologize for the delay.

Thanks,
richie@bittrex

FWIW, i'm glad to see this get back on track ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 02:06:17 AM
Oh shit.......I just noticed I made it to senior level 8)

Well congrats on that. And to your other post I hope so. I see so many ICO coins say they will start to work on xyz technology after they get the money. They say it could take a while to develop so that whole time people will have a coins value purely based on what they hope to bring in the future. There will of course be that with envy since it is traded but there will also be a set value that is based on the income the miners will make.

Hey tom, do you know when bittrex will resume? I am gathering btc so I can purchase more. Thanks.

Richie is the only one there right now so he said he we try to get to it as soon as he can.

Hey guys,

We had to cancel everything and now we're putting things back in place.  To do this we have to perform a full audit on the system.  I expect we will be back up and running no later than 9pm PDT.  I'm trying to get it done earlier.  I apologize for the delay.

Thanks,
richie@bittrex

FWIW, i'm glad to see this get back on track ;)

Thank you. I take full blame since I am the one that changed my mind. Thank you for all the work you have been doing.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 02:24:13 AM
I am working on an updated plan for the coin. I will post it as soon as I can. Really the main changes are to take GAW and hashlets names out of everything. It will be cloud mining. We will be splitting up the hash power so that way we limit our exposure to one company. I will do my best to choose the most profitable option so everyone gets the best return.

We also will be changing the mining reward system. It will be based on the number of coins sold. We will keep the same 10% yearly inflation rate for the first 6 months and then 5% thereafter. This is to make sure we protect the ICO investors.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: richiela on October 01, 2014, 03:11:21 AM
https://www.bittrex.com/Market/Index?MarketName=BTC-ENVY

ICO back open again!  Sorry for the delay and good luck!

Thanks,
richie@bittrex


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 03:11:28 AM
Market is back up.  https://bittrex.com/Market/Index?MarketName=BTC-ENVY  


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 03:11:45 AM
https://www.bittrex.com/Market/Index?MarketName=BTC-ENVY

ICO back open again!  Sorry for the delay and good luck!

Thanks,
richie@bittrex

You beat me.  ;D


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: earlz on October 01, 2014, 03:27:29 AM
Just want to say thanks to everyone for their support and kind words. It's nice to see the good side of this ecosystem for once.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 01, 2014, 03:42:13 AM
Just want to say thanks to everyone for their support and kind words. It's nice to see the good side of this ecosystem for once.

OH YEAH!!!!!!!! Kick ass. Thanks for listening and reopening IPO. Awesome.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 03:55:22 AM
Just want to say thanks to everyone for their support and kind words. It's nice to see the good side of this ecosystem for once.

OH YEAH!!!!!!!! Kick ass. Thanks for listening and reopening IPO. Awesome.

Now we got a goal to reach. Got my BTC transferred. I'm a last minute shopper too.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 04:20:24 AM
See I just wanted to give everyone a break before the real buying started. ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 04:47:35 AM
Oh shit.......I just noticed I made it to senior level 8)

Congrats- I guess we registered around the same time.  8)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 04:49:18 AM
See I just wanted to give everyone a break before the real buying started. ;)

Break over - Got some serious shoppings to do guys 👍


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 04:57:57 AM
See I just wanted to give everyone a break before the real buying started. ;)

Break over - Got some serious shoppings to do guys 👍

Exactly.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 05:02:56 AM
Just letting everyone know I have updated the business plan to remove all of GAW. It will now be Cloud miners. Yes this first purchase will consist mostly of GAW but I do plan to mix in others to maximize profit while minimizing risk of using only one provider. LTC gear is high on the list I have emailed them. I also know of Genesis and Zeus Mining. Let me know if you know of others and please let me know your thoughts. If it becomes too much about the miners I will ask for PM’s. I am only familiar with GAW and a little bit with LTC Gear. I will be spending a lot of the next few days researching the others so any insight would be useful. Now remember this is still an Envy Coin thread. So let’s try not to get to carried away talking about those companies.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 05:18:44 AM
For those curious if this can even work please check out Firecoin. I have done this on a small scale with them to test this out. So far I have been doing it for a month now. Everyone has been very pleased. https://bitcointalk.org/index.php?topic=702951.0

Everyone needs to remember that this is still a coin. You will have added value for whatever else is added to the coin and where it is used. Some people will just benefit from trading and using the coin. The profit share program is to incentivize people to not mass dump the coin. As the value of the coin goes lower your incentive to hold and even buy will go up. Just likes the value increases people will more likely want to take their profit from selling the coin. We should find an equilibrium over time thus meaning it will be more stable.


I will add this to the first page so it does not get lost.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: sannisinas on October 01, 2014, 07:39:42 AM
Just letting everyone know I have updated the business plan to remove all of GAW. It will now be Cloud miners. Yes this first purchase will consist mostly of GAW but I do plan to mix in others to maximize profit while minimizing risk of using only one provider. LTC gear is high on the list I have emailed them. I also know of Genesis and Zeus Mining. Let me know if you know of others and please let me know your thoughts. If it becomes too much about the miners I will ask for PM’s. I am only familiar with GAW and a little bit with LTC Gear. I will be spending a lot of the next few days researching the others so any insight would be useful. Now remember this is still an Envy Coin thread. So let’s try not to get to carried away talking about those companies.

I use ZenPortal, LTCgear and Zeus. Here are my thoughts.

- ZenPortal, stable, good payouts, a lot of new ideas and movements, a lot of bugs but they are working hard to get all fixed
- LTCGear, very very good payouts, way better then zenportal. Although chris is a very clear guy it's very hard to give them the full trust because the site is very limitied with information and nobody knows exactly how they do it.
- Zeus, very low profits, very limited communication and no strategy

The ICO is not really going hard he. Hope it will be better, still 49824487.86141689 left.



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 02:35:39 PM
Just letting everyone know I have updated the business plan to remove all of GAW. It will now be Cloud miners. Yes this first purchase will consist mostly of GAW but I do plan to mix in others to maximize profit while minimizing risk of using only one provider. LTC gear is high on the list I have emailed them. I also know of Genesis and Zeus Mining. Let me know if you know of others and please let me know your thoughts. If it becomes too much about the miners I will ask for PM’s. I am only familiar with GAW and a little bit with LTC Gear. I will be spending a lot of the next few days researching the others so any insight would be useful. Now remember this is still an Envy Coin thread. So let’s try not to get to carried away talking about those companies.

I use ZenPortal, LTCgear and Zeus. Here are my thoughts.

- ZenPortal, stable, good payouts, a lot of new ideas and movements, a lot of bugs but they are working hard to get all fixed
- LTCGear, very very good payouts, way better then zenportal. Although chris is a very clear guy it's very hard to give them the full trust because the site is very limitied with information and nobody knows exactly how they do it.
- Zeus, very low profits, very limited communication and no strategy

The ICO is not really going hard he. Hope it will be better, still 49824487.86141689 left.



Thanks for the input. I am very familiar with Zenportal and somewhat familiar with LTC Gear. We were planning on buying 100% hashlets since that is who I have negotiated with but have recent events I am trying to spread out the risk to at least 1 other company. Which will be LTC gear but for reinvesting I might spread elsewhere if they are good.

And yes the ICO has not been selling as well as I thought. But a lot of people said they will wait until the last 48 hours so we will see if it picks up.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 03:03:27 PM
Just letting everyone know I have updated the business plan to remove all of GAW. It will now be Cloud miners. Yes this first purchase will consist mostly of GAW but I do plan to mix in others to maximize profit while minimizing risk of using only one provider. LTC gear is high on the list I have emailed them. I also know of Genesis and Zeus Mining. Let me know if you know of others and please let me know your thoughts. If it becomes too much about the miners I will ask for PM’s. I am only familiar with GAW and a little bit with LTC Gear. I will be spending a lot of the next few days researching the others so any insight would be useful. Now remember this is still an Envy Coin thread. So let’s try not to get to carried away talking about those companies.

I use ZenPortal, LTCgear and Zeus. Here are my thoughts.

- ZenPortal, stable, good payouts, a lot of new ideas and movements, a lot of bugs but they are working hard to get all fixed
- LTCGear, very very good payouts, way better then zenportal. Although chris is a very clear guy it's very hard to give them the full trust because the site is very limitied with information and nobody knows exactly how they do it.
- Zeus, very low profits, very limited communication and no strategy

The ICO is not really going hard he. Hope it will be better, still 49824487.86141689 left.



Thanks for the input. I am very familiar with Zenportal and somewhat familiar with LTC Gear. We were planning on buying 100% hashlets since that is who I have negotiated with but have recent events I am trying to spread out the risk to at least 1 other company. Which will be LTC gear but for reinvesting I might spread elsewhere if they are good.

And yes the ICO has not been selling as well as I thought. But a lot of people said they will wait until the last 48 hours so we will see if it picks up.


Can you put the countdown timer on OP so that us last minute shoppers know when to make a move?  :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 03:10:04 PM
Just letting everyone know I have updated the business plan to remove all of GAW. It will now be Cloud miners. Yes this first purchase will consist mostly of GAW but I do plan to mix in others to maximize profit while minimizing risk of using only one provider. LTC gear is high on the list I have emailed them. I also know of Genesis and Zeus Mining. Let me know if you know of others and please let me know your thoughts. If it becomes too much about the miners I will ask for PM’s. I am only familiar with GAW and a little bit with LTC Gear. I will be spending a lot of the next few days researching the others so any insight would be useful. Now remember this is still an Envy Coin thread. So let’s try not to get to carried away talking about those companies.

I use ZenPortal, LTCgear and Zeus. Here are my thoughts.

- ZenPortal, stable, good payouts, a lot of new ideas and movements, a lot of bugs but they are working hard to get all fixed
- LTCGear, very very good payouts, way better then zenportal. Although chris is a very clear guy it's very hard to give them the full trust because the site is very limitied with information and nobody knows exactly how they do it.
- Zeus, very low profits, very limited communication and no strategy

The ICO is not really going hard he. Hope it will be better, still 49824487.86141689 left.



Thanks for the input. I am very familiar with Zenportal and somewhat familiar with LTC Gear. We were planning on buying 100% hashlets since that is who I have negotiated with but have recent events I am trying to spread out the risk to at least 1 other company. Which will be LTC gear but for reinvesting I might spread elsewhere if they are good.

And yes the ICO has not been selling as well as I thought. But a lot of people said they will wait until the last 48 hours so we will see if it picks up.


Can you put the countdown timer on OP so that us last minute shoppers know when to make a move?  :)

Sure. We will add it back. Deleted it because I had the wrong date set. Some reason I was thinking sat was the end of the ICO. I had to use both hands on this math.  ;D


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vegasguy on October 01, 2014, 04:19:50 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 04:45:01 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas

Thanks. We have to leave the price were it is for now. We will do everything we can to protect the ICO investors. I think as soon as people see the payments going out they will rush in to buy those coins on the market. The way we have the mining and the ammount of coins in the ICO it will mean the majority will be people that paid for their coins for a long time. So people need to not sell for a loss because you can always just hold your coins for the profit share.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 05:04:33 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas

Thanks. We have to leave the price were it is for now. We will do everything we can to protect the ICO investors. I think as soon as people see the payments going out they will rush in to buy those coins on the market. The way we have the mining and the ammount of coins in the ICO it will mean the majority will be people that paid for their coins for a long time. So people need to not sell for a loss because you can always just hold your coins for the profit share.

So we shoot for the best but plan for the worse, what if we have only reach the minimum ICO? How will you change the number of coins in circulation and the mining rewards, what will the ROI will be then? I know that's a lot of work to figure out but some of us might want to know before jumping into Envy.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 07:40:29 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas

Thanks. We have to leave the price were it is for now. We will do everything we can to protect the ICO investors. I think as soon as people see the payments going out they will rush in to buy those coins on the market. The way we have the mining and the ammount of coins in the ICO it will mean the majority will be people that paid for their coins for a long time. So people need to not sell for a loss because you can always just hold your coins for the profit share.

So we shoot for the best but plan for the worse, what if we have only reach the minimum ICO? How will you change the number of coins in circulation and the mining rewards, what will the ROI will be then? I know that's a lot of work to figure out but some of us might want to know before jumping into Envy.
No worries. We have already talked to bittrex we will just be changing the code. It would be a hard fork before anyone has mined it other than us. (They are all 0 reward and it is just to move coins around for bittrex.) This does mean we will need a little bit of time before mining goes live after the ICO ends. Earlz can probably explain more that I can if needed. I will re work the numbers for the min amount of hash power. It will be a little longer because the pricing changes.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 08:00:46 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas

Thanks. We have to leave the price were it is for now. We will do everything we can to protect the ICO investors. I think as soon as people see the payments going out they will rush in to buy those coins on the market. The way we have the mining and the ammount of coins in the ICO it will mean the majority will be people that paid for their coins for a long time. So people need to not sell for a loss because you can always just hold your coins for the profit share.

So we shoot for the best but plan for the worse, what if we have only reach the minimum ICO? How will you change the number of coins in circulation and the mining rewards, what will the ROI will be then? I know that's a lot of work to figure out but some of us might want to know before jumping into Envy.

Under current conditions if we only reach the minimum it will take 155 days to pay off your ICO coins by just holding them. This would be if everything was devoted to buy Hashlets. Most likely some would be allocated to LTC gear because it has a faster ROI right now. But they have not responded to me about bulk order so it would most likely be a small amount sent there. The two biggest things that will help us is sell out and BTC rising in value. Last week when running the number for If we sold out. The price bump from the paypal announcement would have allowed us to buy 2000 mh/s more. So the higher the price of BTC when we buy the better. When I started working on this a few weeks ago the price was $480. We would be able to buy 28.5 GH/s at that price. Now it is 22.8 GH/s if we sell out.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 01, 2014, 08:05:14 PM
Under current conditions if we only reach the minimum it will take 155 days to pay off your ICO coins by just holding them. This would be if everything was devoted to buy Hashlets. Most likely some would be allocated to LTC gear because it has a faster ROI right now. But they have not responded to me about bulk order so it would most likely be a small amount sent there. The two biggest things that will help us is sell out and BTC rising in value. Last week when running the number for If we sold out. The price bump from the paypal announcement would have allowed us to buy 2000 mh/s more. So the higher the price of BTC when we buy the better. When I started working on this a few weeks ago the price was $480. We would be able to buy 28.5 GH/s at that price. Now it is 22.8 GH/s if we sell out.

Thanks Tom- I think BTC will go back up to 450 but might not be fast enough to make it to the end of ICO. Let's hope for the best and we'll see how it goes in the next few days.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: earlz on October 01, 2014, 08:26:00 PM
TOM , your more awesome than I thought. When the haters show up , look to your supporters, they are much more of us, than them, and we will shut them down. I will invest aleast 1BTC, probably 2. I have no doubts youll meet your goal MUCH earlier than you think. What are your thoughts on 1000 sat to sell more. People might look at 2000 sat as too high, this way, they can buy as little or as much as they want. 2000 sat didnt seem to do so well. Let the ICO play out to the end. What are your thoughts on calling it "Cloudmining Coin", that way when its 300000000% change on bittrex it will gather much more attention?? See you on the moon with a 10FT margarita. To everyone else, please show your support and buy what you can. In my country we vote with the dollar.

Vegas

Thanks. We have to leave the price were it is for now. We will do everything we can to protect the ICO investors. I think as soon as people see the payments going out they will rush in to buy those coins on the market. The way we have the mining and the ammount of coins in the ICO it will mean the majority will be people that paid for their coins for a long time. So people need to not sell for a loss because you can always just hold your coins for the profit share.

So we shoot for the best but plan for the worse, what if we have only reach the minimum ICO? How will you change the number of coins in circulation and the mining rewards, what will the ROI will be then? I know that's a lot of work to figure out but some of us might want to know before jumping into Envy.

Basically what we'll do is make it so that the total coin supply is double that of the amount of ICO coins that sell. So, right now it's 50 million ICO coins, and then 50 million coins will be minted by normal mining over 10 years. If we don't make the goal and only sell, say, 10 million coins, then only 10 million coins will be minted with normal mining over 10 years.

No matter how many coins end up being sold, if you buy 1% of the ICO coins sold, you will own 0.5% of the currency.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 09:37:33 PM
There we go we just had a nice order. Someone bought 1 BTC worth. Hopefully more to follow.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 09:48:51 PM
For those that are sitting on your BTC now might be a good time to buy so we can try to push to the front page for volume at bittrex. We have just had almost 1.5 BTC bought in the last 10 mins.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vindyne8 on October 01, 2014, 10:23:15 PM
Basically what we'll do is make it so that the total coin supply is double that of the amount of ICO coins that sell. So, right now it's 50 million ICO coins, and then 50 million coins will be minted by normal mining over 10 years. If we don't make the goal and only sell, say, 10 million coins, then only 10 million coins will be minted with normal mining over 10 years.

No matter how many coins end up being sold, if you buy 1% of the ICO coins sold, you will own 0.5% of the currency.

Great change in my opinion!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 10:29:44 PM
Basically what we'll do is make it so that the total coin supply is double that of the amount of ICO coins that sell. So, right now it's 50 million ICO coins, and then 50 million coins will be minted by normal mining over 10 years. If we don't make the goal and only sell, say, 10 million coins, then only 10 million coins will be minted with normal mining over 10 years.

No matter how many coins end up being sold, if you buy 1% of the ICO coins sold, you will own 0.5% of the currency.

Great change in my opinion!

I agree. We want to minimize the risk for our ICO investors.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 10:37:48 PM
We are now on Bittrex's Spot light. https://bittrex.com/Dashboard  This should help draw some attention.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: AminerMiner on October 01, 2014, 11:00:43 PM
sounds great... investing in my first ico  ;D lets see where this goes. caught my eye few days ago...


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: teamcryptonator on October 01, 2014, 11:07:01 PM
Listing ENVY on Cryptonator https://www.cryptonator.com/rates/ENVY-BTC


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 11:51:36 PM
sounds great... investing in my first ico  ;D lets see where this goes. caught my eye few days ago...

This will be my first ICO too.  ;D



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 01, 2014, 11:52:26 PM
Listing ENVY on Cryptonator https://www.cryptonator.com/rates/ENVY-BTC

Thank you. I have added your widget to our site.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: AminerMiner on October 02, 2014, 12:10:00 AM
sounds great... investing in my first ico  ;D lets see where this goes. caught my eye few days ago...

This will be my first ICO too.  ;D


http://thehappytype.com/wp-content/uploads/2013/09/tumblr_inline_mm03q1CgGf1qz4rgp.gif


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: CryptoPromotions on October 02, 2014, 01:12:05 AM
Off-topic or not, I love that gif.

To stay on topic this is worth taking a shot on.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: forbesmining on October 02, 2014, 02:57:21 AM
I was in Trader and saw the interaction on the ANN, so I think Tom is a standup dev. I put in a BTC this afternoon, the first ICO I have invested in.
Wish the whole team the best and hope more investors will see the possibilities here  :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tylerderden on October 02, 2014, 03:01:42 AM
something else i have been doing with genesis mining, they let you pick several coins for payout. so price was down on via switched to via, price is now backup. sold and made waay more than if i had just used auto btc. this is why i like genesis, besides if your buy bulk you get a discount and then there is a 5% code which takes the per mhs price close to $14, but it also allows you to play the market by switching your payout coins. oh yeah they area dding x11 soon also. highly recomend them over gaw as a way to diversify your plan here.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:05:29 AM
I was in Trader and saw the interaction on the ANN, so I think Tom is a standup dev. I put in a BTC this afternoon, the first ICO I have invested in.
Wish the whole team the best and hope more investors will see the possibilities here  :)

Ahh that was you. I saw that and was like maybe people do like this idea. Thank you for the support. I really hope more people come here and realize they are buying a coin that will pay you back over time even if we completely fail at making the coin. (not the plan) That should instill a lot more confidence then coins that promise obscure technology that sounds good on paper but is most likely impossible to make or it will be many months. I am not saying that people shouldn’t invest in those coins but from an investor stand point this will be a lot safer of a bet. IMO


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:10:12 AM
something else i have been doing with genesis mining, they let you pick several coins for payout. so price was down on via switched to via, price is now backup. sold and made waay more than if i had just used auto btc. this is why i like genesis, besides if your buy bulk you get a discount and then there is a 5% code which takes the per mhs price close to $14, but it also allows you to play the market by switching your payout coins. oh yeah they area dding x11 soon also. highly recomend them over gaw as a way to diversify your plan here.

I have been looking at them. I am also looking at LTC Gear. So far they seem like the two best to spread the risk too. I am still looking in to those companies. I spent a lot of time vetting GAW so I want to make sure I look at these companies thoroughly. The concern about receiving the best coin and then trading it yourself is the work load. It might not be feasible to mine a few currencies and then trade to BTC.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tylerderden on October 02, 2014, 03:15:22 AM
sure i agree, it is nice right now with the price of dark im getting 4 dark in my wallet everyday for the inevitable rise that always happens with dark.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:42:14 AM
We just had another BTC order. Things are slowly picking up.  ;D   I am glad you guys talked some sense into me.  ;) 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 02, 2014, 03:43:26 AM
ENVY needs more marketing and more awareness in order to raise the most BTC for IPO.

edit: yes, that last order for 1 btc was me. Same again on friday and again with whatever else I can get together. Goal = 1 million.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:55:59 AM
ENVY needs more marketing and more awareness in order to raise the most BTC for IPO.

edit: yes, that last order for 1 btc was me. Same again on friday and again with whatever else I can get together. Goal = 1 million.

I am all ears for places to market. I have paid someone to do marketing. But if you have any great ideas I am all ears.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: CryptoPromotions on October 02, 2014, 05:42:25 AM
I'm all for diversification. I've heard good things about Genesis and LTCMining. Would you consider putting 100% of the returns into those two, instead of back into GAW? I'm sure more would be willing to invest with a more diversified portfolio.



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 06:07:28 AM
I'm all for diversification. I've heard good things about Genesis and LTCMining. Would you consider putting 100% of the returns into those two, instead of back into GAW? I'm sure more would be willing to invest with a more diversified portfolio.



Yes I would. I am even looking to split a portion of the ICO. That is why I have changed the business plane to be cloud mining because basically I am going to be the CEO and I am going to do my best to maximize the profit for everyone on the profitshare front. We also will be developing the coin along with it. Earlz will be a lot more active on that side since he is the coder. But I will still be there pushing to get on new exchanges and different merchants. I have a few contacts that we could easily be added to a market pleace that will be going live either this week or next.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: qiwoman2 on October 02, 2014, 06:19:07 AM
I'm all for diversification. I've heard good things about Genesis and LTCMining. Would you consider putting 100% of the returns into those two, instead of back into GAW? I'm sure more would be willing to invest with a more diversified portfolio.



Yes I would. I am even looking to split a portion of the ICO. That is why I have changed the business plane to be cloud mining because basically I am going to be the CEO and I am going to do my best to maximize the profit for everyone on the profitshare front. We also will be developing the coin along with it. Earlz will be a lot more active on that side since he is the coder. But I will still be there pushing to get on new exchanges and different merchants. I have a few contacts that we could easily be added to a market place that will be going live either this week or next.

The more I read about this coin, the more I like it and want to do some munchies. We will certainly mine it and I am looking at some funds to tr and gobble some up as well to back our own assets. Keep up the good word and sent you a pm, we are more than willing to help spread the word and bag some up. ;) :D. We believe in helping other coins grow, not only ourselves..Crypto Communities need to unite against the unscrupulous fiat killing our economies.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 06:21:36 AM
I'm all for diversification. I've heard good things about Genesis and LTCMining. Would you consider putting 100% of the returns into those two, instead of back into GAW? I'm sure more would be willing to invest with a more diversified portfolio.



Yes I would. I am even looking to split a portion of the ICO. That is why I have changed the business plane to be cloud mining because basically I am going to be the CEO and I am going to do my best to maximize the profit for everyone on the profitshare front. We also will be developing the coin along with it. Earlz will be a lot more active on that side since he is the coder. But I will still be there pushing to get on new exchanges and different merchants. I have a few contacts that we could easily be added to a market place that will be going live either this week or next.

The more I read about this coin, the more I like it and want to do some munchies. We will certainly mine it and I am looking at some funds to tr and gobble some up as well to back our own assets. Keep up the good word and sent you a pm, we are more than willing to help spread the word and bag some up. ;) :D. We believe in helping other coins grow, not only ourselves..Crypto Communities need to unite against the unscrupulous fiat killing our economies.

Thank you. And I just replied. I will talk to you more in the morning I am sure.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: qiwoman2 on October 02, 2014, 06:50:49 AM
I'm all for diversification. I've heard good things about Genesis and LTCMining. Would you consider putting 100% of the returns into those two, instead of back into GAW? I'm sure more would be willing to invest with a more diversified portfolio.



Yes I would. I am even looking to split a portion of the ICO. That is why I have changed the business plane to be cloud mining because basically I am going to be the CEO and I am going to do my best to maximize the profit for everyone on the profitshare front. We also will be developing the coin along with it. Earlz will be a lot more active on that side since he is the coder. But I will still be there pushing to get on new exchanges and different merchants. I have a few contacts that we could easily be added to a market place that will be going live either this week or next.

The more I read about this coin, the more I like it and want to do some munchies. We will certainly mine it and I am looking at some funds to tr and gobble some up as well to back our own assets. Keep up the good word and sent you a pm, we are more than willing to help spread the word and bag some up. ;) :D. We believe in helping other coins grow, not only ourselves..Crypto Communities need to unite against the unscrupulous fiat killing our economies.

Thank you. And I just replied. I will talk to you more in the morning I am sure.

Thank you for your kind reply..I went over to Trex and I think I know one way how to make things boom boom, sent you a reply take a good rest and we chat tomorrow. I am also on skype too, so if you like we can skype chat too. :).


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Sy on October 02, 2014, 08:17:07 AM
So basicly, if 5m arent sold nothing happens and a buywall will go up, basicly refunding everyone - correct?

I mean, we are talking about 100 btc here - i highly doubt this goal will be met, vex had a ico volume of 9.3 btc, envy is at 6.5 btc after half the time - too bad :(

I do like the concept and idea...


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 02, 2014, 09:06:55 AM
So basicly, if 5m arent sold nothing happens and a buywall will go up, basicly refunding everyone - correct?

I mean, we are talking about 100 btc here - i highly doubt this goal will be met, vex had a ico volume of 9.3 btc, envy is at 6.5 btc after half the time - too bad :(

I do like the concept and idea...

I really hope you are wrong about that.  I love the idea behind this project and we got a good and trustworthy guy behind this, that seems a near impossible thing to find in this crazy world!

I do think it was a mistake to not heavily market this a few weeks or more before opening the ICO with heavy goal it now has!!  I know the vast majority of people will wait until then end of ICO is nearer to invest as there is no point not to so the wise people will keep their coins in play until the last minute.

I think the only way to hit this high of a goal is to build up interest long before hand.  Hopefully I am wrong and this works out!!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tylerderden on October 02, 2014, 09:19:25 AM
if you guys can put together some graphs or something showing what cloud mining income can do for the price and some other informaitive things about how its going to work we can get more people interested. people have short attention spans so if we spell it out for them and get some people i know tweeting it out it would help.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Kikyca on October 02, 2014, 01:58:53 PM
Invested... looking foward to it :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: broadsword on October 02, 2014, 02:16:44 PM
wanna invest as i could make something but dev history is putting me off


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 02:26:12 PM
wanna invest as i could make something but dev history is putting me off

What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 02, 2014, 02:28:41 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 02:29:16 PM
So basicly, if 5m arent sold nothing happens and a buywall will go up, basicly refunding everyone - correct?

I mean, we are talking about 100 btc here - i highly doubt this goal will be met, vex had a ico volume of 9.3 btc, envy is at 6.5 btc after half the time - too bad :(

I do like the concept and idea...

Yes if the min of 5 million not sold everything will be refunded by having a buy wall placed on bittrex. That is why coins are not allowed to be moved around. I know asking for the amount is a alot. We have seen numerous coins offereing less sell more.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: broadsword on October 02, 2014, 02:32:36 PM
wanna invest as i could make something but dev history is putting me off

What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


didn't know that, i am just put off because of the coins have not done well despite your best efforts. wasn't attacking your character


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 02:33:25 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?

If I want to drop the project I will discuss it here. If someone is willing to take it over I would turn it over to that developer. Obviously we will need to vet the person taking it over. If no one is willing to take it over I would sell everything and return those fund to coins holders.

Now with that said I do not see that happening anytime soon. I am still there at Fire. So as long as we meet the 100 BTC min this coin will be live and I do not take my responsibilities lightly.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 02:34:51 PM
wanna invest as i could make something but dev history is putting me off

What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


didn't know that, i am just put off because of the coins have not done well despite your best efforts. wasn't attacking your character

No worries. I didnt mean to sound like I was attacking back. I just wanted to make sure for everyone that it was perfectly clear.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 02, 2014, 02:43:38 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?

If I want to drop the project I will discuss it here. If someone is willing to take it over I would turn it over to that developer. Obviously we will need to vet the person taking it over. If no one is willing to take it over I would sell everything and return those fund to coins holders.

Now with that said I do not see that happening anytime soon. I am still there at Fire. So as long as we meet the 100 BTC min this coin will be live and I do not take my responsibilities lightly.

OK- So you will treat the coin holders as stock holders then. I'm glad to hear that and thanks for everything.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:00:53 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?

If I want to drop the project I will discuss it here. If someone is willing to take it over I would turn it over to that developer. Obviously we will need to vet the person taking it over. If no one is willing to take it over I would sell everything and return those fund to coins holders.

Now with that said I do not see that happening anytime soon. I am still there at Fire. So as long as we meet the 100 BTC min this coin will be live and I do not take my responsibilities lightly.

OK- So you will treat the coin holders as stock holders then. I'm glad to hear that and thanks for everything.

No problem. Yes I will treat them as stock holders. I view crypto currencies as just more than a currency. They are a currency because you can use them to buy things. But they are also like stocks because people generally want the value to go up and want the developer to continuously innovative and advance the coin forward. This is more like a company. I want them tied together with ENVY. I want it to be used as a successful currency where you can buy anything you want but I also want it to be like a successful business returning the maximum amount of profit back to the holders.
Just so everyone is clear these are all my personal beliefs. Earlz will have to speak for himself on something like this. That is why I used I instead of we. (Of course I do sometimes when it is official Envy stuff)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 02, 2014, 03:08:16 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?

If I want to drop the project I will discuss it here. If someone is willing to take it over I would turn it over to that developer. Obviously we will need to vet the person taking it over. If no one is willing to take it over I would sell everything and return those fund to coins holders.

Now with that said I do not see that happening anytime soon. I am still there at Fire. So as long as we meet the 100 BTC min this coin will be live and I do not take my responsibilities lightly.

OK- So you will treat the coin holders as stock holders then. I'm glad to hear that and thanks for everything.

No problem. Yes I will treat them as stock holders. I view crypto currencies as just more than a currency. They are a currency because you can use them to buy things. But they are also like stocks because people generally want the value to go up and want the developer to continuously innovative and advance the coin forward. This is more like a company. I want them tied together with ENVY. I want it to be used as a successful currency where you can buy anything you want but I also want it to be like a successful business returning the maximum amount of profit back to the holders.
Just so everyone is clear these are all my personal beliefs. Earlz will have to speak for himself on something like this. That is why I used I instead of we. (Of course I do sometimes when it is official Envy stuff)


OK, I think this will be my last question for today  :) Is there a concern with FinCEN and SEC or have you prepared for that since this will dabble into both realms?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:30:22 PM
What about my history? I took over Firecoin on July 19th after the previous developer dumped the coins and then left the coin for dead. If you have ever taken over a dead coin or been a part of one it is darn near impossible to get new people interested. We are coming up on 3 months later I am still there and we have picked up volume from when I took it over. Yes it is still very low but it is still kicking. Ask those members what they think about the job I have done with Firecoin.

Tradercoin I launched it telling everyone from the beginning that it was an experiment. My belief is that most crypto currencies are the exact opposite of what they claim they want. They all talk about being decentralized but yet all revolve around 1 developer or development team. If they leave the coin dies. That is more centralization than most Fiat currencies. So I launched it saying I would not further develop unless community members pitched in and helped develop the coin. I was open and honest the whole time. The majority of the community did nothing. They wanted me to make them money and that was it. So it showed me a lot of people only want a developer to make them money. So that is what the plan is here. There is no way around it, this is a centralized coin. It will revolve around my team and what we can do for it. But I fully believe that of you invest you will make your money back as long as you do not sell right away for a loss.


wanna invest as i could make something but dev history is putting me off

So here's another question: If one day you feel that the project is going nowhere and decide to drop the ball, what will happen to the cloud mining shares?

If I want to drop the project I will discuss it here. If someone is willing to take it over I would turn it over to that developer. Obviously we will need to vet the person taking it over. If no one is willing to take it over I would sell everything and return those fund to coins holders.

Now with that said I do not see that happening anytime soon. I am still there at Fire. So as long as we meet the 100 BTC min this coin will be live and I do not take my responsibilities lightly.

OK- So you will treat the coin holders as stock holders then. I'm glad to hear that and thanks for everything.

No problem. Yes I will treat them as stock holders. I view crypto currencies as just more than a currency. They are a currency because you can use them to buy things. But they are also like stocks because people generally want the value to go up and want the developer to continuously innovative and advance the coin forward. This is more like a company. I want them tied together with ENVY. I want it to be used as a successful currency where you can buy anything you want but I also want it to be like a successful business returning the maximum amount of profit back to the holders.
Just so everyone is clear these are all my personal beliefs. Earlz will have to speak for himself on something like this. That is why I used I instead of we. (Of course I do sometimes when it is official Envy stuff)


OK, I think this will be my last question for today  :) Is there a concern with FinCEN and SEC or have you prepared for that since this will dabble into both realms?

We are still a crypto currency we are just taking a different mindset to it. Until crypto's are classified as stock and these are classified as divided we fall under the same rules as all crypto. We are not setting it up as a business I am just going to do what a CEO would do for their stock holders. Maximize profit. From the way it was explained to me (family member is lawyer but not involved in crypto but took a look).  With an ICO (or any trading on the exchanges) you really trading one property for another. As far as they could tell crypto is like if you traded your TV for a XBOX. We are just trading out goods with each other. If this is ever change (They assume it will) there will be a lot of things that have to change in the industry. There are so many regulations the exchanges and those who use them would have to abide by. They of course said this was not official legal advice because they are not involved in crypto law. But by taking a look at things as far as they could see from a lawyers point of view we are still fine. So take what you will from that. What I took was that we are still the Wild West. I could say I am paying you dividends but we are technically not consider able to pay dividends. You guys are giving me your TV and I will be giving you guys an XBOX and then an Xbox game every week. Now of course replace that property with crypto property.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 03:32:50 PM
PS. Brian if you have heard different please let me know. And I will look into it. Because Like I said they are not involved in crypto law. I am not sure what they looked at and if they looked enough into it. But what they told me made sense according to what I know about crypto and the way the Government perceives it.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: forbesmining on October 02, 2014, 04:34:41 PM
Amazing, it seems people like hype more than facts. Here is a dev just saying it straight out, no bullshite, and BTC is trickling in.
Other devs have used heavy marketing and hype, and everyone jumps in. THIS dev is stating his business model is to be a coin CEO
and make the best returns on your investment. I believe he can deliver, hope enough investors agree and put up the BTC for Envy  :P


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 04:46:07 PM
I know there is a lot of concern that this is just buying shares in a cloud miner so why would you not just go buy them yourself?

I know a lot of this is because we have focused so much on the profit share program. The reason for this is this is a new concept for most people and the whole reason we need ICO funds. Remember if you have Hashlets or other cloud miners you will never be able to buy a product with those. We fully plan to make it so you can buy products with Envy. For those who are concerned it is just buying shares of a cloud miner I ask you to think about what if DOGE or some other crypto would do this on a similar scale to their size? Would people be more likely to hold DOGE if they were paid a certain amount of satoshi’s to hold it? The only way you could make this purchase would be if people donated the money or people invest in the new idea. Since I do not believe people will just donate to this project we need investors. The investor is going to want to be rewarded for taking their risk. They will receive their coins as compensation for the risk. These coins will have more features then just profit share but the whole reason we need the fund is because we need to fund the purchase of income providing assets on a large enough scale to make a difference.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 02, 2014, 04:47:24 PM
PS. Brian if you have heard different please let me know. And I will look into it. Because Like I said they are not involved in crypto law. I am not sure what they looked at and if they looked enough into it. But what they told me made sense according to what I know about crypto and the way the Government perceives it.

It's a gray area and I've been looking into it and gotten a lot of mixed opinions and just don't want to stir any waves. :) I know coinpayments.net sold to a Canadian company because they didn't want to deal with FinCEN but then for Envy you're not doing the same thing.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 04:58:29 PM
Amazing, it seems people like hype more than facts. Here is a dev just saying it straight out, no bullshite, and BTC is trickling in.
Other devs have used heavy marketing and hype, and everyone jumps in. THIS dev is stating his business model is to be a coin CEO
and make the best returns on your investment. I believe he can deliver, hope enough investors agree and put up the BTC for Envy  :P

I know I am amazed by this too. I have seen other coins that have sold over 1000 BTC and will take much longer to deliver anything.
I will say that maybe a lot of this is my fault, selling is not my strong suit. I do not sugar coat things and I am brutally honest. I believe you should know exactly what you are getting into. Yes things change but as of right now I will tell you exactly what I expect from this project and what is planned. I am more of a numbers guy. I like to figure out if things are a good buy and how to make these numbers better. Maybe this is why BTC is not flying into ENVY. Maybe I have not been able to get the point across that this is still a coin like any other coin. Our biggest feature will be active shortly after the ICO is complete. We needed this to be a large enough ICO that we can make this a self-sustaining profit share. With the reinvestment we can stay ahead of difficulty. But the lower the BTC sold in the ICO the harder it will be to keep up. If we sold out we would be increasing our payout by roughly .012 BTC per day to start with.




Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 05:12:16 PM
I just ran numbers for how much each coin will earn per day. I have a new buy rate that they think they can give me. Each coin will earn 18 sat per day at current rates. This is just using Hahslets. If I am able to get some LTC Gear the profit it higher on those right now. So we could improve this. This will mean you could hold your coin for 111 day and not sell any coins and your ICO will be paid for. This should seriously deter people from selling for less than 2000 sat. Then you add the fact that we will be developing the coin so it is not just about profit share the price should go much higher. At this rate your rate of return will be 328% per year. Of course rates will change with time but if we are able to sell the majority of the ICO we will be able to have some protection as mining difficulty goes up.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vindyne8 on October 02, 2014, 06:16:52 PM
As stated more than once above, this is a case of a dev team being extremely open and honest with everyone right from the start. All questions are answered, including the tough ones. A clear and concise plan is laid out, and explained in minute detail. A truly asset-backed currency. This differs from almost all prior ICO/IPO in many ways. All of them positive in my opinion. If you want to effect change in the ICO/IPO landscape then support this one. Spread the word to friends, acquaintances, and strangers. Help it gain traction and complete successfully. Start putting an end to the nothing but hype and promises ICO that just dump and run once complete.

Invest in Envy.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 02, 2014, 06:33:39 PM
As stated more than once above, this is a case of a dev team being extremely open and honest with everyone right from the start. All questions are answered, including the tough ones. A clear and concise plan is laid out, and explained in minute detail. A truly asset-backed currency. This differs from almost all prior ICO/IPO in many ways. All of them positive in my opinion. If you want to effect change in the ICO/IPO landscape then support this one. Spread the word to friends, acquaintances, and strangers. Help it gain traction and complete successfully. Start putting an end to the nothing but hype and promises ICO that just dump and run once complete.

Invest in Envy.

What's with the !@+@!$!&@*^#%#!@ low buy orders? Anyway, just to help out and showing my support. I'm not holding until the last minute, see you guys at the end of ICO. Cheers!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: EPayDev on October 02, 2014, 08:57:50 PM
wow, big IPO, gl!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vegasguy on October 02, 2014, 08:58:44 PM
I think it just needs more exposure. I wonder what it costs to get that "sponsored page" on top of bittrex. I Still say it would grab more attention with the name "cloud mining coin", just my opinion. I saw envy on altcoinherald and was board , scouting for a new coin, otherwise I would never have looked at it, but I certainly would if it was called "cloud mining coin". Just my 2 cents, well actually .5 BTC, Ill buy more soon.

Vegas



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 09:10:31 PM
wow, big IPO, gl!

Yes it is. But we need it to be a big IPO to have the effect we want.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 02, 2014, 09:13:51 PM
I think it just needs more exposure. I wonder what it costs to get that "sponsored page" on top of bittrex. I Still say it would grab more attention with the name "cloud mining coin", just my opinion. I saw envy on altcoinherald and was board , scouting for a new coin, otherwise I would never have looked at it, but I certainly would if it was called "cloud mining coin". Just my 2 cents, well actually .5 BTC, Ill buy more soon.

Vegas



We are on the spotlight of bittrex. That is what part of the 5 BTC down deposit they charge is for. I had a page of names and gave it to crypto and non crypto people and told them to pick 3. Envy was the only one that was in everyone's top 3. I want to make sure this is not just a cloud mining coin where people only think you are buy a portion of shares for cloud miners. They are just a means to an end. The end goal is for this to be a stable crypto currency that is accepted by all major merchants.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 12:18:02 AM
Just under 3 days. Let me know if any of your guys on the sideline have any questions.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 03, 2014, 12:30:14 AM
Just under 3 days. Let me know if any of your guys on the sideline have any questions.

You've answered all my questions and I went all in today. Don't hold out people if you want to be part of it.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 01:35:52 AM
Just under 3 days. Let me know if any of your guys on the sideline have any questions.

You've answered all my questions and I went all in today. Don't hold out people if you want to be part of it.

Yes it has felt like just the two of us.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: travis72682 on October 03, 2014, 02:07:34 AM
Looks like you have put some serious thought to it. I wish you the best, but im one of those people that doesnt think gaw can continue to pay like they started off paying in the long run.  That being said, most coins are backed by nothing at all so maybe I will pick up a couple thousand lol.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 03, 2014, 02:08:47 AM
@Travis........he has decided to diversify where he invests in the mining so won't be just GAW anymore.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 02:20:09 AM
Looks like you have put some serious thought to it. I wish you the best, but im one of those people that doesnt think gaw can continue to pay like they started off paying in the long run.  That being said, most coins are backed by nothing at all so maybe I will pick up a couple thousand lol.

Hope to have you. I will be spreading it out a bit. Others have caught up to GAW a bit so I am pretty confident they will maintain at their steady decrease, which we will be able to outpace if we sell out.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: demoniccat on October 03, 2014, 03:08:06 AM
Buying what I am able to :)

Hope this rockets, it's brilliant


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 03:40:34 AM
Buying what I am able to :)

Hope this rockets, it's brilliant

Thanks. I hope a lot more people start to buy. If we do not sell at least 90 BTC more bittrex will have to issue a refund. My guess is 1 they are scared of me having control and 2 they dont relize how even if the price goes down you can hold and get your money back. How many coins can say that?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: beitris.dwlul on October 03, 2014, 03:44:19 AM
i dont think this IPO will be filled


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 03:50:29 AM
i dont think this IPO will be filled

At current rate it will not. We have a min of 100 BTC. If we do not reach it Bittrex will refund everyone. So anyone that is interested please make sure you buy sooner rather than latter because it can instill some confidence in others that we will make our minimum.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: forbesmining on October 03, 2014, 06:06:54 AM
Just reach the starting line Sunday, and all will be good. I have bet my 1btc is well placed here. Go ENVY coin!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: LordPiccolo on October 03, 2014, 06:18:18 AM
So the plan is to currently purchase some hashlets from GAW and le them do their thing.

How do you plan on splitting the funds to decide which hashlets to purchase? Prime for example is now staying at $50 but has access to some boosts the other hashlets don't have yet.

Are you confident that GAW has space in their data centres for the amount of hashlets you will be purchasing?

Lastly, do you plan on buying from the sellers market before outright purchasing them?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mladen00 on October 03, 2014, 06:39:08 AM
interesting concept


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: AminerMiner on October 03, 2014, 06:53:18 AM
this is a very interesting project!! and the dev is straight forward and honest about things. you dont see that alot.. if at all!!.
but i think i have an idea why its not sold out yet. the price might be a lil high for the small trader so they will think twice.
and the most big players dont buy in (yet) because they will not be able to "shake down"  the coin and make quick big overnight profits.
u see it to much.. new coins come out and get fud over or shaken down.
so the small investor panicsells for a loss and the big ones laugh. although i have to say alot people are morons and SO easily fooled..
anyway..that was my 2 cents.
im no big player but im all in!! hope the ico completes!! this is a whole new level of ICO imo

cheers

-edit-  why not give it a shiny catchfraze or motto or what do you call it? (im dutch) like   :  ENVYcoin - ICO taken to the next level -  :P sell it dammit !!!  ;D :D ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tylerderden on October 03, 2014, 09:09:15 AM
something else i have been doing with genesis mining, they let you pick several coins for payout. so price was down on via switched to via, price is now backup. sold and made waay more than if i had just used auto btc. this is why i like genesis, besides if your buy bulk you get a discount and then there is a 5% code which takes the per mhs price close to $14, but it also allows you to play the market by switching your payout coins. oh yeah they area dding x11 soon also. highly recomend them over gaw as a way to diversify your plan here.

I have been looking at them. I am also looking at LTC Gear. So far they seem like the two best to spread the risk too. I am still looking in to those companies. I spent a lot of time vetting GAW so I want to make sure I look at these companies thoroughly. The concern about receiving the best coin and then trading it yourself is the work load. It might not be feasible to mine a few currencies and then trade to BTC.


 Sure picking the best coin is totally work. but you dont have to do it either, you can just auto-btc all of it or you can split it 25% btc 25%BC 25%drk 25%doge or whatever. it's flexible which is cool and can yield bigger profits. That may be something you could outsource also because  if you use GAW you have to deal with logging in and withdrawing and all that nonsense and in my experience that is way more time consuming than spinning the dial to a different coin on genesis, which is another reason why I like genesis better, I wake up everyday and the coins are in my bittrex account, no manual labor needed. If you do use genesis there is a code in my sig for 2.5% off which will add up given the size of purchase your going to make. Anyhow that's just my thoughts on the GAW/Genesis discussion. GAW can be a real pain in the ass and have not proven to me that they are reliable enough to gamble your coins future on but that's just my opinion. You guys let me know if you need help with anything. This seems like a great project, i'm willing to pitch in however I can. Good luck.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Rayban34 on October 03, 2014, 09:54:01 AM
I am writing to everyone today to let everyone know that I have decided to cancel the ICO for ENVY Coin. I still believe in this idea but I have failed to show people the benefit that I believe this coin would have had. Based on the amount sold and the comments from forum members mainly in Hashtalk.org it has shown that most of you do not think this is a good idea or at least that I am not the person you want to trust your money with. I want to thank those that have helped me put this together and a big thank you to GAW for everything they had been trying to do. I know they have received a big target on their back after Josh posted his support. I have decided to bite the bullet eat the cost of development and clear lets things calm down for Josh and myself. I hope that maybe someday in the future someone else will be able to add this to their coin and make it a big success. I have informed Bittrex to close the ICO and refund everyone. I have just got off the phone with GAW and told them my intentions. I apologize for everyone that has bought and believed in this project but the reality is we most likely would not have met the min BTC sold to meet the terms of the ICO.

I am probably too late in saying this but I will say anyway.

I am Hashlet user too and I actually saw that huge hateful discourse between you and some guy that was angry about his penis size. The fact that he had Gaw Founder slapped on his name gave him even bigger clout to wave his aggressiveness around. Why he didn't just say, "Sorry, not for me," and just moved onto the next idea was beyond me. I stopped reading after a while, it was getting quite annoying.

Fact is, when I read your idea I thought it was a good one, I'm sure many others did too judging by the amount of btc you have made so far. I've already bookmarked both your website and your ICO page for when I have enough funds to purchase some coin and your wallet is available. It's quite an innovative idea - I had no idea that coin could be backed by Hashlets; but hey if people use gold, silver and precious metals to back theirs up, Why can't you back them with Hashlets - it's viable. Unless, of course btc dies, but then we're all up shit creek without a paddle :)

The fact that you answered every question and stayed polite with this person assures me that you're a professional and not some Joe scammer that's came along to make a quick quid. One guy on this forum said pity, some guys were probably waiting for btc to change and get more for their investment - this was me too! lol.

Luckily I missed the cancellation or I'd be hugely disappointed! I'll hopefully be shoving in at least half a bitcoin on saturday :) - It would have been less, but your actions on GAW changed that!

Keep up the good work buddy, ignore that haters :)

 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 02:28:15 PM
So the plan is to currently purchase some hashlets from GAW and le them do their thing.

How do you plan on splitting the funds to decide which hashlets to purchase? Prime for example is now staying at $50 but has access to some boosts the other hashlets don't have yet.

Are you confident that GAW has space in their data centres for the amount of hashlets you will be purchasing?

Lastly, do you plan on buying from the sellers market before outright purchasing them?

The purchases from GAW would be the ZEN solo's. I have been in talks with GAW for weeks and have negotiated rates for this. They have assured me they have the capacity to handle this order. The rates are better than what are on the marketplace. The reason I choose ZEN or Primes is because we get the biggest bang for our buck the fastest. I highly doubt investors will want to wait around for the Primes to catch up in rate of return. I am also waiting on some other companies to get back to me. I am not sure why it is taking them so long but maybe it is because they do not believe we will make the minimum of 100 BTC.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 02:38:13 PM
I am writing to everyone today to let everyone know that I have decided to cancel the ICO for ENVY Coin. I still believe in this idea but I have failed to show people the benefit that I believe this coin would have had. Based on the amount sold and the comments from forum members mainly in Hashtalk.org it has shown that most of you do not think this is a good idea or at least that I am not the person you want to trust your money with. I want to thank those that have helped me put this together and a big thank you to GAW for everything they had been trying to do. I know they have received a big target on their back after Josh posted his support. I have decided to bite the bullet eat the cost of development and clear lets things calm down for Josh and myself. I hope that maybe someday in the future someone else will be able to add this to their coin and make it a big success. I have informed Bittrex to close the ICO and refund everyone. I have just got off the phone with GAW and told them my intentions. I apologize for everyone that has bought and believed in this project but the reality is we most likely would not have met the min BTC sold to meet the terms of the ICO.

I am probably too late in saying this but I will say anyway.

I am Hashlet user too and I actually saw that huge hateful discourse between you and some guy that was angry about his penis size. The fact that he had Gaw Founder slapped on his name gave him even bigger clout to wave his aggressiveness around. Why he didn't just say, "Sorry, not for me," and just moved onto the next idea was beyond me. I stopped reading after a while, it was getting quite annoying.

Fact is, when I read your idea I thought it was a good one, I'm sure many others did too judging by the amount of btc you have made so far. I've already bookmarked both your website and your ICO page for when I have enough funds to purchase some coin and your wallet is available. It's quite an innovative idea - I had no idea that coin could be backed by Hashlets; but hey if people use gold, silver and precious metals to back theirs up, Why can't you back them with Hashlets - it's viable. Unless, of course btc dies, but then we're all up shit creek without a paddle :)

The fact that you answered every question and stayed polite with this person assures me that you're a professional and not some Joe scammer that's came along to make a quick quid. One guy on this forum said pity, some guys were probably waiting for btc to change and get more for their investment - this was me too! lol.

Luckily I missed the cancellation or I'd be hugely disappointed! I'll hopefully be shoving in at least half a bitcoin on saturday :) - It would have been less, but your actions on GAW changed that!

Keep up the good work buddy, ignore that haters :)

 

Thank you for the kind words. It was rough over there. I never thought it would be so bad that is why I didn’t wait for GAW CEO to say anything. I was wrong. It became the Mob mentality once they saw two respected members say no others figured they must be right so let’s bash him. They still have never answered my question, “If I paid for this 100% out of my pocket could this effect the coin like we are going for?” Obviously I can’t pay for this amount out of my pocket and that is why I am doing an ICO. But all of that exchange has really left a bad taste in my mouth about hashtalk. I can’t post without getting a few down votes now. I still talk to Carlos and he hopes I do well with this Idea. He likes it and thinks it could be big if we can support. 


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 03:22:53 PM
I just want to make sure everyone saw. We will adjust the coin supply based on the amount of coins sold during the ICO. As long as we meet the minimum of 5 million coins sold the coin will be live. If we only sell 5 million then total coin supply will be 10 million. If we only sell 5 million coins the reward would be 1 Envy per Block for 6 months and then .5 Envy after that. This means 10% inflation followed by 5% inflation. (Of course % goes down as more coins are in circulation) We want to make sure the ICO investors are protected.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 03, 2014, 03:41:23 PM
I just wanted to let everyone know that I will not be on very much this weekend. I found out last night about a family emergency that I will have to leave the state for a few days. I informed Earlz last night about it and he will be able to answer questions. I will still check in I just do not know how active I will be. I know it is horrible timing but family comes first and I hope you guys understand. I have been trying to get everything tied up this morning before we hit the road. Maybe I will be able to be on frequently but I just do not know and I would rather inform everyone that I might be missing for a little bit but it is not me running away.

Sorry to bring personal stuff into the thread But I wanted you guys to know I am not just abandoning you.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: LordPiccolo on October 03, 2014, 05:55:39 PM
I just wanted to let everyone know that I will not be on very much this weekend. I found out last night about a family emergency that I will have to leave the state for a few days. I informed Earlz last night about it and he will be able to answer questions. I will still check in I just do not know how active I will be. I know it is horrible timing but family comes first and I hope you guys understand. I have been trying to get everything tied up this morning before we hit the road. Maybe I will be able to be on frequently but I just do not know and I would rather inform everyone that I might be missing for a little bit but it is not me running away.

Sorry to bring personal stuff into the thread But I wanted you guys to know I am not just abandoning you.

Thanks for the update, hope everything goes okay.

Family comes first.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 03, 2014, 05:59:51 PM
I just wanted to let everyone know that I will not be on very much this weekend. I found out last night about a family emergency that I will have to leave the state for a few days. I informed Earlz last night about it and he will be able to answer questions. I will still check in I just do not know how active I will be. I know it is horrible timing but family comes first and I hope you guys understand. I have been trying to get everything tied up this morning before we hit the road. Maybe I will be able to be on frequently but I just do not know and I would rather inform everyone that I might be missing for a little bit but it is not me running away.

Sorry to bring personal stuff into the thread But I wanted you guys to know I am not just abandoning you.

Thanks for the update, hope everything goes okay.

Family comes first.

+1


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Tony Lane on October 03, 2014, 06:49:07 PM
I think you're the real deal. This looks like an innovative asset-backed coin, and not a flash in the pan piece of shit. Unfortunately, it's why you're catching all of this crap. Keep going. Looks like you've been through the worst already.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: AminerMiner on October 03, 2014, 10:05:22 PM
this crypto folk is so freakin backwards.. :-\

 theres another ico going on and sells like crazy while newbie dev only promises thin air.(not even that).

 ENVY dev tells it like it is and what to expect , the plans everything and nobody buys..  ??? ???

i mean... what the fudge ??!!!  ???


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: kingscrown on October 04, 2014, 12:30:21 AM
this crypto folk is so freakin backwards.. :-\

 theres another ico going on and sells like crazy while newbie dev only promises thin air.(not even that).

 ENVY dev tells it like it is and what to expect , the plans everything and nobody buys..  ??? ???

i mean... what the fudge ??!!!  ???

i had similar situation.. my ICO did pass its minimum but also made with my rela name, decent plan.. and volume way lower on the presale than expected.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 04, 2014, 12:36:02 AM
this crypto folk is so freakin backwards.. :-\

 theres another ico going on and sells like crazy while newbie dev only promises thin air.(not even that).

 ENVY dev tells it like it is and what to expect , the plans everything and nobody buys..  ??? ???

i mean... what the fudge ??!!!  ???


Yep, is so sad at times watching what people do in crypto.  If I had a 100 BTC I would meet the minimum requirements here myself, sadly I am FAR from that.  This is a GREAT idea and a very trustworthy dev behind it all.......what the hell more can anyone ask for?!  I so wish there had been more exposure and marketing on this before the ICO was started.  Was really hoping to see more had sold by now, I know a bunch more will come before the end on Sunday but it's gonna have to be a mad rush at this point to meet the minimum:-(

I did all I could, unfortunately it only amounted to just over .6 BTC I could invest.  Waiting for it to hit Bittrex and will drop it in.  Wish I could have been more help!!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Rayban34 on October 04, 2014, 12:42:04 AM
this crypto folk is so freakin backwards.. :-\

 theres another ico going on and sells like crazy while newbie dev only promises thin air.(not even that).

 ENVY dev tells it like it is and what to expect , the plans everything and nobody buys..  ??? ???

i mean... what the fudge ??!!!  ???

i had similar situation.. my ICO did pass its minimum but also made with my rela name, decent plan.. and volume way lower on the presale than expected.

Nice to see Devs supporting other Devs! :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Rayban34 on October 04, 2014, 01:10:24 AM
Ok,

There's my .5 btc invested and my 25000 envy coins received. Nice :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: LAHAINA on October 04, 2014, 01:21:35 AM
Would It Be Too Late To Consider  8) Extending The ICO ?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 04, 2014, 01:24:39 AM
Got my 30K.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: kingscrown on October 04, 2014, 01:30:23 AM
this crypto folk is so freakin backwards.. :-\

 theres another ico going on and sells like crazy while newbie dev only promises thin air.(not even that).

 ENVY dev tells it like it is and what to expect , the plans everything and nobody buys..  ??? ???

i mean... what the fudge ??!!!  ???

i had similar situation.. my ICO did pass its minimum but also made with my rela name, decent plan.. and volume way lower on the presale than expected.

Nice to see Devs supporting other Devs! :)

EXCL is the most cross-coin friendly ;) ALso we ended ICO so theres no competition in ICOs now for us.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: vindyne8 on October 04, 2014, 02:18:16 AM
Still time to hit the minimum. Spread the word if you get the chance. Good people here, good idea, solid plan. Well worth supporting.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 04, 2014, 02:21:14 AM
Yes I have 3 BTC already and am moving money around in order to reach my 1 million coin goal. OH yeah, anyone left in the dust is yes, I'll say it "STUPID".


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: anarchyx914 on October 04, 2014, 04:01:13 AM
Hoping that we hit 100BTC. Regardless of Satoshi value of coins they will always have hash power value and pay you BTC. Being a hashlet prime owner, I am loving this concept.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 04, 2014, 04:46:47 AM
If it looks like we are gaining momentum and all we need is time I will see if Richie is ok extending it. I do not want to tie everyone's money if it is slim we make it even if we extend. I will try to make some time in the morning to answer questions. I will be back home around the time the ICO is scheduled to end.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 04, 2014, 05:01:14 AM
If it looks like we are gaining momentum and all we need is time I will see if Richie is ok extending it. I do not want to tie everyone's money if it is slim we make it even if we extend. I will try to make some time in the morning to answer questions. I will be back home around the time the ICO is scheduled to end.

That would be very good. IF extended I can/will have at least another BTC to add and more. Thanks!!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: IMJim on October 04, 2014, 06:13:13 AM
Would be cool to get extended, fingers crossed we make it........if we can extend even by a couple days I should be able to do another .5-1 btc.

Hope everyone has a great weekend!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: torpedo on October 04, 2014, 06:18:35 AM
Envy just passed the 5 BTC.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Rayban34 on October 04, 2014, 08:49:11 AM
Hoping that we hit 100BTC. Regardless of Satoshi value of coins they will always have hash power value and pay you BTC. Being a hashlet prime owner, I am loving this concept.

+1


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 04, 2014, 01:50:41 PM
I have just asked Bittrex about extending. I will let everyone know what they say.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 04, 2014, 03:12:39 PM
I have just asked Bittrex about extending. I will let everyone know what they say.

I hope that they do for one more week. We need more exposure.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: mafort1469 on October 04, 2014, 03:33:17 PM
I have just asked Bittrex about extending. I will let everyone know what they say.

I hope that they do for one more week. We need more exposure.

Yes, please do if you can. I have been marketing to people and as you know it takes time for people to do anything even though I told them it ended tomorrow. Anyway if you can get extended then I am sure I can get another 5-10 bitcoins bought. Thanks tom14cat14!! Can't wait for this to go live!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 04, 2014, 04:16:18 PM
I have just asked Bittrex about extending. I will let everyone know what they say.

I hope that they do for one more week. We need more exposure.

Yes, please do if you can. I have been marketing to people and as you know it takes time for people to do anything even though I told them it ended tomorrow. Anyway if you can get extended then I am sure I can get another 5-10 bitcoins bought. Thanks tom14cat14!! Can't wait for this to go live!


I will let you guys know what they say. I only asked for 2 days because I do not want you guys to have all your funds locked up for so long. I guess I could asked for 5 but I really want what is best for those including those who do not post here.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 04, 2014, 05:39:33 PM
I have just asked Bittrex about extending. I will let everyone know what they say.

I hope that they do for one more week. We need more exposure.

Yes, please do if you can. I have been marketing to people and as you know it takes time for people to do anything even though I told them it ended tomorrow. Anyway if you can get extended then I am sure I can get another 5-10 bitcoins bought. Thanks tom14cat14!! Can't wait for this to go live!


I will let you guys know what they say. I only asked for 2 days because I do not want you guys to have all your funds locked up for so long. I guess I could asked for 5 but I really want what is best for those including those who do not post here.

Can't believe that Ripple is #2. BTC is way low but then cost of hash follows it. I honestly think that we'll bounce back soon though.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 04, 2014, 11:27:36 PM
Bittrex said we can extend. I was thinking 2-5 days. I really do not want to drag it out for everyone.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: torpedo on October 04, 2014, 11:38:34 PM
Bittrex said we can extend. I was thinking 2-5 days. I really do not want to drag it out for everyone.

Could you reply to my PM?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: brian_nguyen on October 04, 2014, 11:40:19 PM
Bittrex said we can extend. I was thinking 2-5 days. I really do not want to drag it out for everyone.

I don't have any problem with 5 days but to prevent any complaints I think a buy wall should be put up per ICO. When will we know for sure?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: LAHAINA on October 05, 2014, 12:04:19 AM
Would It Be Too Late To Consider  8) Extending The ICO ?

Bittrex said we can extend. I was thinking 2-5 days. I really do not want to drag it out for everyone.
I Believe 5-7 Days Would Give You More Time For Your Family Emergency.

Then, You Can Focus On Your Mining Strategy & A Glitch/Bug-Free Launch . . .
 8)


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: igl00 on October 05, 2014, 03:07:59 AM
IPO open then closed
now reopened - didnt meet them time
so dev keeps delaying

just stop this project, its not good and wont make anybody cash.
give back money to buyers and quit this IPO.
u only crush your names and peoples time. BTC going down stop freezing BTC.

and its not hate.. just facts ;( i bought a bit and id prefer to get BTC back now since it didnt run on time.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 04:29:52 AM
IPO open then closed
now reopened - didnt meet them time
so dev keeps delaying

just stop this project, its not good and wont make anybody cash.
give back money to buyers and quit this IPO.
u only crush your names and peoples time. BTC going down stop freezing BTC.

and its not hate.. just facts ;( i bought a bit and id prefer to get BTC back now since it didnt run on time.

It is still on time. Tomorrow is the original deadline. I am debating extending because you are the only person to say not to. I doubt bittrex will put any buy wall up at this point. But if we are still 85 BTC away I doubt anything would change in a few days that would make us pick up that much volume.


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: candlesticks on October 05, 2014, 04:47:31 AM
I bought a bunch last night, I'll grab a few more tomorrow. If you're extending the ICO, I'm fine with it, if you think there will be enough BTC rolling in. I'm not sure about everyone else, but I'd really like to see this move forward.  I'm surprised more people aren't on board with this. Just reading through the Firecoin thread, shows this is a competent dev, with a definitive plan that will positively give more back to the buyer than 99% of all the coins out there.   

People are so quick to give their BTC to devs that will just pocket the ICO funds, but if there's an actual plan it flops. Maybe we need some large red text in all caps screaming scam to get the BTC flowing.   ::)




Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: LordPiccolo on October 05, 2014, 06:14:56 AM
I am happy for en extention for a few days, makes no difference to me as im not going to do anything else with my btc while prices are down.



Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: Kikyca on October 05, 2014, 09:37:17 AM
When is the launch of coin?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: ioio123 on October 05, 2014, 11:32:59 AM
Can You tell exact date and time when mining starts ?


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: lobo13hf on October 05, 2014, 12:26:28 PM
when mining be possible , uld be nice to know that???


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: JTB800 on October 05, 2014, 01:06:52 PM
Yes, please extend the deadline (I thought you were going to do that anyway as soon as you decided to jump back in). I obviously misunderstood. Anyway, I will be investing in your coin, but it would be far easier for me to do it in a couple of days. I doubt that affects your decision much, but I just wanted to let you know. I think an ending on Thursday or Friday would be good. That gives people some time and is about a week after you said you were back in (if my memory is correct). Also, BTC being down is just horrible timing for a coin like yours, so more time is just prudent.

Just wanted to add my thoughts -- thanks and good luck!


Title: Re: [ANN][ENVY] Envy Coin | ICO- Bittrex -Live | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 02:27:26 PM
I will let the ICO end at it's scheduled time. The volume has not picked up so there is no reason to drag this on. Either there will be a huge spike in volume or Envy will be canceled.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 03:46:33 PM
If you want this coin to go live make sure you grab it now. I will be on my way back home today. I should get there just after ICO closes.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: rsturtle on October 05, 2014, 06:17:43 PM
If you want this coin to go live make sure you grab it now. I will be on my way back home today. I should get there just after ICO closes.

I want to buy some but my funds have been locked up in Mintpal for over four days. I think they're supposed to be back online at the same time the ico ends :/ Well I'll try and mine it anyway to support the coin.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 06:21:43 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: ocminer on October 05, 2014, 06:37:57 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

No mining when the 83 BTC are not received within the next 3 and a half hours ?


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 06:44:58 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 06:45:58 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

No mining when the 83 BTC are not received within the next 3 and a half hours ?

Yes we have a min on the ICO. If the min is not met bittrex will begin refunding. We had to place terms on the ICO and I put a min of 100 BTC because lower than that would really be a waste of people's time. If we made it to 20 and we went with it that would be around $6k which means we would get around 300 ZEN solo. That would be about .18 BTC per day. Split that amongst everyone and it would be pretty small payments. The price of the coin would probably go up because there would be a max of 2 million coins but the real benefit of the coin would be lost. It would be just a pump and dump. We need enough hash power to have the reinvest out pace the decrease in payment.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 06:48:14 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: ocminer on October 05, 2014, 06:50:06 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 06:51:02 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 06:55:07 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC

I know. I try not to name other coins that surprise me with how much they raise. I have seen more than just them raise that and more with no name accounts and something that is pure speculation. What I mean by that is if they do not succeed with their idea the coin will be worth 0. Envy would need our ideas to bring this coin to everyone to fail as well as cloud mining to fail. Their is less risk compared to most other alt coins.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: earlz on October 05, 2014, 06:59:24 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC

My personal speculation is that ICOs these days are an insider game. If you aren't on the inside with a huge network of whales, you won't sell much.

Look at what BitSwift is promising. They're promising to add some features that many other coins have, and then they are promising to add mobile staking wallets (which requires a full node, and is thus probably nearly impossible, not to mention Apple is very adverse to crypto wallets). There was one of the team members that came into #bittrex and asking for leads on a dev that could build the mobile staking wallets for them. This indicates they don't even have a good developer working on this for them full time, determining if the stuff they put in marketing is even possible.

This is all my personal speculation. I would've thought the same thing even if I was not associated with ENVY.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 07:01:31 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 07:10:33 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: LordPiccolo on October 05, 2014, 07:26:45 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

I would agree that some of these ico's are people buying up there own designs, look at some of them, they are half arsed and offer nothing more than a ferrari shell with a rover metro engine inside.

I have no idea how this one hasn't gained serious traction.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: rsturtle on October 05, 2014, 07:30:40 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 07:39:19 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 07:44:31 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

The only thing I could say is join Firecoin. I have this small scale over there. That is were I tweaked the method to know this could be scaled. The problem is I don't know who to gain the funding to expand. The only think I could think of is fork Firecoin with a higher coin count. We would have to freeze the market and then have large block with ICO coins. Every holder of Fire would hold theirs or do a swap for new coin but I don't even know if it is possible. Earls would have to speak to that. He would also have to be willing to join that team IF it could work. Otherwise it would be all donation based.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 07:51:52 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.

I just don't know how to keep this open. I am all ears. Bittrex can't do a ton because they still have to protect the buyers. I know they give me a more leeway than others because they trust me. But at some point we have to go based on terms of the ICO.

You guys know what is amazing. There are some pretty big users ( rep wise) very few newbies in here. And this is probably the least fud thread I have seen for a new coin. I am about hit the road so I will be off for 5 hours. Please post ideas. I will check from my phone as time gets closer. I just don't see how I can ask bittrex to hold everyone's coins for a few days when we hope to sell more than 4 times what has been sold to date. I do not think they would be ok changing the min BTC to complete ICO.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 08:31:35 PM
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.

I just don't know how to keep this open. I am all ears. Bittrex can't do a ton because they still have to protect the buyers. I know they give me a more leeway than others because they trust me. But at some point we have to go based on terms of the ICO.

You guys know what is amazing. There are some pretty big users ( rep wise) very few newbies in here. And this is probably the least fud thread I have seen for a new coin. I am about hit the road so I will be off for 5 hours. Please post ideas. I will check from my phone as time gets closer. I just don't see how I can ask bittrex to hold everyone's coins for a few days when we hope to sell more than 4 times what has been sold to date. I do not think they would be ok changing the min BTC to complete ICO.

You'd have to find a way for those who want out to get their BTC back. I think Bittrex and those committed to seeing this through would prefer a middle ground where everybody's happy.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: candlesticks on October 05, 2014, 08:52:56 PM
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 09:05:11 PM
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


Good idea. I'd go with that.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 09:07:03 PM
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


I thought of that but it would need to be 1 sat different. Otherwise the buy wall and sell wall would execute each others order. Sorry for any mistakes texting from car.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Tony Lane on October 05, 2014, 09:09:15 PM
You'd be doing things a lot smaller, but there would still be returns and therefore the coin would remain asset-backed. Sticking to the reinvest plan should mean profit grows, albeit slower, but less coins might offset this to an extent, in terms of value.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: IMJim on October 05, 2014, 09:31:03 PM
Holy cow!  I can't fricken believe more has not sold:-(  It's just insane to see other ICOs doing so well and this one having such a hard time, unbelievable where people choose to invest their money!! 

It flat out SUCKS this isn't gonna make it, was a GREAT idea with a trustworthy dev:-(

Really sorry Tom for the hit you are taking on this man!


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 09:37:58 PM
You'd be doing things a lot smaller, but there would still be returns and therefore the coin would remain asset-backed. Sticking to the reinvest plan should mean profit grows, albeit slower, but less coins might offset this to an extent, in terms of value.

Just doing quick math in my head if we did drop the min a go with what we have now we would earn around .18 btc per day. Then take away fees it would be close to .12 per day. We would only be able to get 1 Mh more per week with reinvestment. I just don't see it working on this small of a scale.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Framauro on October 05, 2014, 09:43:47 PM
So, are we gonna mine or not? i'm a little confused ???


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 09:49:25 PM
So, are we gonna mine or not? i'm a little confused ???

At this point it looks like the coin will not meet the minimum. Which means there will be no envy. This coin waded based on getting enough funds to actually help. I could be like some of the anon dev and have not had a min and just take what you guys gave me. But I actually had a plan for the funds and it requires a minimum amount to do anything.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 09:50:51 PM
Btw we have to give a shout out to my wife for driving so I can try to answer questions while we are driving home. ;D


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: ocminer on October 05, 2014, 09:54:01 PM
Shout out to your wife!  :)  mine hates it when I Hand over the wheel to her because of "Computer things"  ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Framauro on October 05, 2014, 09:54:24 PM
So, are we gonna mine or not? i'm a little confused ???

At this point it looks like the coin will not meet the minimum. Which means there will be no envy. This coin waded based on getting enough funds to actually help. I could be like some of the anon dev and have not had a min and just take what you guys gave me. But I actually had a plan for the funds and it requires a minimum amount to do anything.

To bad, was a great idea.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: markli on October 05, 2014, 10:02:17 PM
win-qt where?


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: ocminer on October 05, 2014, 10:03:56 PM
win-qt where?

Unfortunately the coin is not launching (yet)... 

Didn't you read the last few pages?  :)


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 10:09:15 PM
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: markli on October 05, 2014, 10:13:42 PM
win-qt where?

Unfortunately the coin is not launching (yet)... 

Didn't you read the last few pages?  :)
thx!


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: markli on October 05, 2014, 10:17:04 PM
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.

what time the official launch, set the countdown again, thank you!


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 10:31:38 PM
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.

what time the official launch, set the countdown again, thank you!

I am currently answering from my phone so can't change to much. But unless there are any some major buys I will not ask bittrex to extend.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: Kikyca on October 05, 2014, 10:34:09 PM
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.

what time the official launch, set the countdown again, thank you!

I am currently answering from my phone so can't change to much. But unless there are any some major buys I will not ask bittrex to extend.

If coin dont sucseed will we get refund=


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: IMJim on October 05, 2014, 10:43:44 PM
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.

what time the official launch, set the countdown again, thank you!

I am currently answering from my phone so can't change to much. But unless there are any some major buys I will not ask bittrex to extend.

If coin dont sucseed will we get refund=


Yes, I believe it will work where Bittrex puts a buy wall up for the amount that were sold so buyer can just sell back into it.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: candlesticks on October 05, 2014, 11:19:07 PM
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


I thought of that but it would need to be 1 sat different. Otherwise the buy wall and sell wall would execute each others order. Sorry for any mistakes texting from car.


Doh, I forgot Bittrex lets you sell to yourself. Derp de derp :P

Props to your wife, for taking the wheel for the team.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: forbesmining on October 05, 2014, 11:40:14 PM
Hello Tom, am I reading this correctly, 18+ BTC collected to date? If this is the case, I would like to get my 1.0 BTC returned.
Nothing at all to do with you mate, everything to do with 'investors' who are fine with hype and promises, and not with your solid
vision/business plan. I would not hesitate to invest in you/your team/ideas again, hope you are back soon with another offer  ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 05, 2014, 11:45:27 PM
Hello Tom, am I reading this correctly, 18+ BTC collected to date? If this is the case, I would like to get my 1.0 BTC returned.
Nothing at all to do with you mate, everything to do with 'investors' who are fine with hype and promises, and not with your solid
vision/business plan. I would not hesitate to invest in you/your team/ideas again, hope you are back soon with another offer  ;)

Correct. When bittrex gets online they should start going through the process of refunding. They will do an audit first on their system and the place a buy wall. Not sure when. I am sure they are waiting for a final decision from me. I am driving back home and wanted to see where everything stands once I am on a computer. But from what I see the market is still dead so we are not close enough to extend.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: nicemycoin on October 06, 2014, 01:32:14 AM
Maybe the altcoin market is too weak now.   :-[


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: torpedo on October 06, 2014, 02:11:44 AM
Maybe the altcoin market is too weak now.   :-[

Right it seems like the altcoin market is alive for false promise, fake hype and copy/paste coins. It's sad to see those kind of things happening. Investors looks like they want to blindly believe a coin will make them rich quick and most of the time, it's the opposite.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: IMJim on October 06, 2014, 02:40:51 AM
It's really VERY annoying crypto is so diluted with crap and scams galore that a really good concept like this cannot raise enough capital to get off the ground.  I have seen so many IPO/ICO coins in my little time in this crazy world.......this was 1 of 3 that I actually invested in and by far the one I was most interested in!

I just can't understand it, well I guess there has to be some truth to their being many idiots trolling these parts but is still senseless nonetheless.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 06, 2014, 04:18:40 AM
Just made it home. Only took 3 hours longer than it should have ::). I just talked to bittrex they should be starting the process soon for refund. They said it was too late to change terms and I agreed with them.


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: tom14cat14 on October 06, 2014, 04:37:03 AM
ICO Ended- Did not meet MIN BTC for ICO terms Refunds will happen as soon as Bittrex Audits their system

I am writing everyone to inform to inform you that Envy Coin did not meet the minimum BTC that was set in the ICO terms. Therefore the ICO will be refunded and Envy coin will not launch. I want to thank everyone for their support. I have never seen a thread like this on BTC talk. There was no fudding. Maybe it was because people didn’t want to waste their time or maybe everyone here had enough respect for the idea even if they didn’t like it. I wish we could have reached our goal because I believe in the idea of the coin. If you guys are interested in this idea you can check out Firecoin https://bitcointalk.org/index.php?topic=702951.new#new I have it on a small scale. Maybe at some point we could figure out a way to grow it there. Right now I am donating the Hashpower for FIRE but we did just buy the first Mh/s of its own power. We can discuss it more in that thread if people are interested. I wish everyone the best where ever they decide to invest and I hope to see you guys around. There would have to be some miracle for me to consider doing anything with Envy at this point. As most know I went all in other than my own miners to make envy happen. Thanks again for the support.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: torpedo on October 06, 2014, 11:13:54 AM
Will look into firecoin, it's sad that this coin didn't received the support it deserved  :-\


Title: Re: [ANN][ENVY] Envy Coin | ICO- closes today | Asset Backed | Profit Share program
Post by: anhpt192 on October 06, 2014, 12:04:57 PM
ICO Ended- Did not meet MIN BTC for ICO terms Refunds will happen as soon as Bittrex Audits their system

I am writing everyone to inform to inform you that Envy Coin did not meet the minimum BTC that was set in the ICO terms. Therefore the ICO will be refunded and Envy coin will not launch. I want to thank everyone for their support. I have never seen a thread like this on BTC talk. There was no fudding. Maybe it was because people didn’t want to waste their time or maybe everyone here had enough respect for the idea even if they didn’t like it. I wish we could have reached our goal because I believe in the idea of the coin. If you guys are interested in this idea you can check out Firecoin https://bitcointalk.org/index.php?topic=702951.new#new I have it on a small scale. Maybe at some point we could figure out a way to grow it there. Right now I am donating the Hashpower for FIRE but we did just buy the first Mh/s of its own power. We can discuss it more in that thread if people are interested. I wish everyone the best where ever they decide to invest and I hope to see you guys around. There would have to be some miracle for me to consider doing anything with Envy at this point. As most know I went all in other than my own miners to make envy happen. Thanks again for the support.

 >:( >:(


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: rita92 on October 06, 2014, 01:55:29 PM
what will be the compensation?  :(


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 06, 2014, 02:43:44 PM
what will be the compensation?  :(

You will have to sell your coins on bittrex. They will out up a buy wall at 2000 sat. They have to run their audit's and do whatever they do to refund. This is totally out of my hands for this part.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: IMJim on October 06, 2014, 07:40:30 PM
Yep very sad this didn't make it!  Hopefully we can ramp the idea with FireCoin!!


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 06, 2014, 08:59:48 PM
Refunds have begun. Sell your coins into the Buy wall.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: earlz on October 06, 2014, 09:11:40 PM
I will be releasing the source code for the wallet soon as-is. If anyone is interested


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: AminerMiner on October 06, 2014, 09:17:36 PM
 ??? ??? whats up with the sell wall? lol


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: brian_nguyen on October 06, 2014, 09:25:14 PM
Bittrex double dips with 2x 0.25% fees from buying and selling back.  ;)


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: david1365 on October 06, 2014, 09:54:34 PM
i can't sell 25 ENVY because of it's low than minimum order size lol


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: AminerMiner on October 06, 2014, 10:01:23 PM
 >:(


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 06, 2014, 10:08:58 PM
Bittrex double dips with 2x 0.25% fees from buying and selling back.  ;)

They got more than that.  :-X


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: brian_nguyen on October 06, 2014, 10:27:23 PM
Bittrex double dips with 2x 0.25% fees from buying and selling back.  ;)

They got more than that.  :-X

I'm sure they got way more from you  :-\ for the ICO but that's the first thing I noticed when sold back my coins. Could've been a nice share portion for the coin thought.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: realthe on October 06, 2014, 10:29:25 PM
Shitcoin!


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 06, 2014, 10:30:38 PM
Shitcoin!

Thank you. Finally someone fuds. Even if the coin is over I was a little scared.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: anarchyx914 on October 06, 2014, 10:39:11 PM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 06, 2014, 10:43:41 PM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.

Thanks but all funds are being refunded so I will not have any.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: qiwoman2 on October 07, 2014, 05:22:48 AM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.

Thanks but all funds are being refunded so I will not have any.

I am really sad about this..Is there anyway you can just make it a private ICO for now with an exscrow? I am sure we can all work together to get customers. Maybe we can't get 1k bitcoin worth but even 100 btc to star tis a good try. I did a 100 btc ICO and our coin is working nicely, it's not huge but it is ticking along. I could get a few buyers in with a qbk bag incentive attached. Also we should open a skype room. So many peeps I know on Skype, invite them there and chat about it also. This is a lovely coin.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: Tony Lane on October 07, 2014, 06:22:31 AM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.

Thanks but all funds are being refunded so I will not have any.

I am really sad about this..Is there anyway you can just make it a private ICO for now with an exscrow? I am sure we can all work together to get customers. Maybe we can't get 1k bitcoin worth but even 100 btc to star tis a good try. I did a 100 btc ICO and our coin is working nicely, it's not huge but it is ticking along. I could get a few buyers in with a qbk bag incentive attached. Also we should open a skype room. So many peeps I know on Skype, invite them there and chat about it also. This is a lovely coin.

+1


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: mladen00 on October 07, 2014, 07:03:42 AM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.

Thanks but all funds are being refunded so I will not have any.

try to make private ICO on btt


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: torpedo on October 07, 2014, 11:01:35 AM
Damn shame this did not fly. Get in touch with me via PM or on IRC as a4xminer.

I have about 2GH of hashlet primes at my disposal and we might be able to work something out to get this off the ground.

Thanks but all funds are being refunded so I will not have any.

try to make private ICO on btt

Could be a really interesting idea.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 07, 2014, 04:20:08 PM
That would be the ultimate sign of trust from you guys. But we would still be limited to a very small group than. With how small scale this would be I would think it would be better to just make a group buy because it would not really make any meaningful change on the coin.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: kingscrown on October 09, 2014, 12:09:24 AM
ouch just noticed ICO didnt run and people have to sell coins on bittrex until time ends and they loose cash


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: brian_nguyen on October 09, 2014, 05:57:02 PM
LTCGear is running a special offer at the moment that will give you a 160mh Litecoin lifetime cloud mining share for only $850 usual price $1,805 with this coupon "anniversary1yr". You can even save another 8% by paying by BTC. Affiliate link: LTCGear.com (http://ltcgear.com/?apage=472)


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: igl00 on October 14, 2014, 02:35:01 AM
i dont believe in lifetimes from unknown companies


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: brian_nguyen on October 14, 2014, 02:49:04 AM
LTCGear is running a special offer at the moment that will give you a 160mh Litecoin lifetime cloud mining share for only $850 usual price $1,805 with this coupon "anniversary1yr". You can even save another 8% by paying by BTC. Affiliate link: LTCGear.com (http://ltcgear.com/?apage=472)
i dont believe in lifetimes from unknown companies

Me neither so there's a 5-20% hosting and maintenance after the first year. The other thing is that the shares multiply by 1.25x or so every 6 weeks for free to keep up with increased network difficulty. I can't stop buying from them so I'm holding miners on both GawMiner and LTCGear.


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: mladen00 on October 15, 2014, 10:46:41 AM
maybe someone has a info from bittrex when will refound start


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: kingscrown on October 15, 2014, 02:21:07 PM
maybe someone has a info from bittrex when will refound start

u have to sell coins back by given time by bittrex or u will loose the invested BTCs


Title: Re: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon
Post by: tom14cat14 on October 15, 2014, 04:22:03 PM
maybe someone has a info from bittrex when will refound start

They had a given everyone until oct 13 to sell into the buy wall they placed. It was on the trading page post in as a warning to everyone. Yet people chose to screw around trying to get people to buy over the price. People never cease to amaze me. I am glad I am done developing coins.