Hindsight is 20/20. I don't see the point in selling now though, btc and eth cant rise forever and when the trend reverses I expect we will see a reversal for ICN too.
Yep, we say that for months now!  I just now started saying that, and precisely because it has been rising for months. Lol look now, btc is dumping right on my cue... and eth is going down a bit too. If bitfinex declares bankruptcy and that bubble pops it will crash even harder. |
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I wouldn't hold my breath for polo. Let's just hope for soli developement and real growth instead of polo.
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Hindsight is 20/20. I don't see the point in selling now though, btc and eth cant rise forever and when the trend reverses I expect we will see a reversal for ICN too.
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Price taking a big hit. 2nd ico investors are at a significant loss now.
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please please please can you post instructions on how to see/send trust from mist wallet? i do not want to use myetherwallet but all blog posts use this. i created an address with my mist and i already have eth in it. please  What's wrong with using myetherwallet? I think the most secure way to hold any eth token is using myetherwallet on a ledger nano s. I love full node software what's the problem? why are there only instructions for myetherwallet and not the **default** wallet No problem I was just curious why you prefer mist. You are right that they should have instructons for mist. In the meantime perhaps one of the many other erc20 tokens has instructions on how to send from mist? |
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It is nice to see the number has nearly doubled but it is still far from the number of users needed to launch. Can somebody be sure to ask them tomorrow if there is an approximate rate at which they are adding users to the platform or an estimate as to when the necessary amount will be reached?
I also wonder if that figure includes the original testers from December. Perhaps not, if they were classed as 'alpha' testers. There's a few questions relating to beta access here: https://www.reddit.com/r/ICONOMI/comments/68nvhj/questions_for_the_upcoming_ama/(just do a find in page for "beta") Thanks! Looking forward to the AMA I hope it clears some things up and helps renew confidence and trust in the team. |
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The only thing that makes me snatch my hair is that, before the ICO the team was hell active and now after the ICO they drink a cup of tea and say, yeah ( yawn ) we will do .. something .. to the moon .. soon ..
Before the ICO their job was to market and attract investors, now their job is to develop, once they have a finished product it will again be their top priority to market the platform and communicate with users. At least that's how I see it and how I hope it is. |
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Big announcement tomorrow , Polo will be announced,
rev up those engines, we're going to the moon.
we'll hit at least $5 by the end of the week.
THANK YOU ICONOMI TEAM!
How do you know polo will be announced? I highly doubt that will happen tomorrow. Or is this a joke? Another one of your mood swings? |
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There are 270 ICONOMI platform beta testers at the moment,
phuuccckkkkk
we ain't releasing anytime soon.
Hmm, yeah. It was 144 in the previous update. 270 now. Total investors was 3508. We have to get through those who applied for beta access, and those who invested at the ICO. There's probably a decent amount of overlap between the two, but safe to assume that this is 270 out of >3508. Some can't use the platform, if they're in the US, so they could be discounted. Even if we assumed half of all investors were US based, that's still 270 out of over 1750 people. Unless there's some significant progress on the backend, we could be waiting until 2018 before the platform is open to the public, IF access continues to be rolled out at the current rate. Or it might be in a few months if the testers, for example, double every month or so. All hypothetical, of course. Anything could happen in the meantime. By the way, if any non-ICO investor wants to receive the email updates, go here: https://docs.google.com/forms/d/e/1FAIpQLSd3FGFTLWp3Tx3oj1H-qfAjQBnPk0pctZ66gYGK3ShpJMWWsA/viewform?c=0&w=1It is nice to see the number has nearly doubled but it is still far from the number of users needed to launch. Can somebody be sure to ask them tomorrow if there is an approximate rate at which they are adding users to the platform or an estimate as to when the necessary amount will be reached? |
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Hi all!
The Channels app is to be launched in Q2/Q3. If all goes well, it will be released before the end of the ICO.
Facebook bounty is counted and will be updated soon. Apologies for the delay.
Thanks! Would be great if some of the tech could be demoed before end of the ICO. |
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Let me guess, still no tx ids or addresses to prove ICO funds? Yall need to learn about the blockchain, it's this new tech that let's you do things like prove transactions/funds in a trustless manner. Pretty neat stuff. Check out bitcointalk.org it's a good place to introduce yourself to the concept.
I participated in their ICO. I don't have tx ids for BTC, but here's the Qtum ETH transaction page: https://etherscan.io/txs?a=0xa37f1c452e16188d59c8956b1b624b4ac8ccf3ab&p=140,001 ETH sent to address 0x556B5712C2a7CC5506fbfA785B52536fb8243765. I don't know who this belongs to or what to make of it. i think Qtum did not public any eth address. since all their eth from different exchanges. where you participate the ico? You're completely right. I participated via bizhongchou.com. I wonder if 0x556B5712C2a7CC5506fbfA785B52536fb8243765 is an address owned by Qtum... that's not a qtum address. The devs could clear this up for us in an instant but for some reason refuse to. |
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good project..waiting launch
It has already launched although most features have yet to come. |
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This post is for Skycoin and others interested in the success of this coin, and are my considerations of the situation.
Because All skycoins have have been created in genesis block, and becaause they were not distributed straight away. This coin has created for itself a distribution nightmare.
To hold back coins and release when wanting to, whatever the excuses allows a situation to arise that will never, never be able to be explained away no matter how much you try.
It is not practical or reasonable to try and control the price in anyway.
The coin has to be able to carry itself to be successful.
There is only one way forward as far as I can see.
The only way forward I believe is to do an overall coin offering.
Decide on a price.
Keep a percentage for yourselves for developement and to pay what has been promised, this amount has to be know and reasonable.
Give the total supply being 100 million minus what has been sold as the coins available for the sale and whatever is not sold has to be burned into none existance.
Keeping the sale price low will ensure most if not all are sold.
Now let the free market do its thing.
I am quite sure there is no other solution to this problem this is why ethereum tokens are also done this way as its the only fair way when all coins exist from the beginning.
I would suggest a coin price of the average of the initial coin offerings.
In this way the developement team will be in the same boat as everyone else and they will still get their reward as the coin matures. I believe that this is the only fair and equatable way forward.
This makes sense, but what about the poor suckers who bought SKY coins years ago? Best distro I've seen lately is byteball, airdrop 10% every full moon onto existing holders, has incentive of compound interest that prevents dumping until all coins afe released. Moving to 100% distribution asap is definitely advisable, but using some airdrops to reward past investors and encourage new ones to hodl would get SKY into top 20 almost immediately. Again, the byteball distribution is utter trash. It makes no sense from an economic standpoint. I don't get why people are so positive about it, probably because it benefits them personally as large bitcoin holders. "Is this a joke? I really hate how people praise byteball distribution. Ooooh lets give people free money based on how much money they already have, let's make the rich richer and help to consolidate wealth further! In an ICO or crowdsale the rich can still buy more, obviously, since they have more money to invest- but that also requires they invest more which means they are taking on more risk. With an airdrop there is no risk, the rich are just handed more money than other people for no reason other than the fact they already have more money. They don't have to take on any proportional risk. It's an absolutely trash economic model that will never work." If byteball never amounts to anything, which I doubt it will, it will be because of its shitty distrbution model that incentives hording and rewards the rich and weathy simply for being rich and wealthy while fucking over those that haven't already amassed amd horded capital. Shit, in the byteball model even if you are rich and wealthy if you aren't hording your wealth but are instead actively investing and utilizing it (which is the best thing to do, not only for the interests of oneself but also for the economy as a whole) you get fucked too. Like all the people, such as myself, that have a fair amount of wealth in cryptocurrency, but don't horde it all away as bitcoin and instead actively trade and invest with it. I get nothing from their shitty distribution because I'm actively contributing to and participating in the growth of the economy instead of sitting on and doing nothing with my money. Oh but guess who does get rewarded? All the exchanges, projects, and services that can claim their users', investors', and customers' BTC as though it is their own. Fuck byteball and fuck "airdrop" distribution models. Anybody with any sense of how economics works will agree that that model of distinction is utter and complete trash. It has never been a viable model in any conventional economy and I strongly believe it will never work in a cryptocurrency based economy. If skycoin ever does something similar I will be out and never look back. byteball is a good coin man. What an insightful response. I never saw it that way before, but you just completely swayed my opinion with those eloquent rebuttals of the points I made. But seriously, sure bytecoin is a good coin with good tech but its airdrop distribution model is whack and I'll never invest a penny into it for that reason. Please convince me otherwise that the economic issues I highlighted above are not a problem. to be honest i agree with you, right now whales keep holding byteball because they got interest every full moon. can you imagine when distributions is over? the only things that keep byteball can hold their values are the tech behind it, DAG looks sexy because it's different than other blockchain based crypto, however still i dont like the idea of whales own massive amount of byteball. maybe you can think i am jealous, because i dont own alot of btc and byteball, lol .... but come on DAG looks promising, it would be shame if distributions method seems not "fair". i wish tony change his mind and spread the wealth to other peoples. disclaimer: i do bought small amount of byteball, since we cant predict the future. well just in case p.s.: sssssshhhh there's new coin on the block doin airdrop to btc holder too  What's the new one you speak of? |
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CrowdFunding or ICO for Bata Barter Platform
Where do we vote on this?
There's a poll at the top of the thread. Idk if a vote will be taken in another format as well since anybody can vote here. |
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please please please can you post instructions on how to see/send trust from mist wallet? i do not want to use myetherwallet but all blog posts use this. i created an address with my mist and i already have eth in it. please What's wrong with using myetherwallet? I think the most secure way to hold any eth token is using myetherwallet on a ledger nano s. |
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Looks like the ico is doing well so far. In regards to the question above me, will that feature or any other ones be released prior to the end of the ICO?
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The BTA community members in Slack are voting on whether to have a self - moderated forum on Bitcointalk.
I am not voting on the matter, as it is the community's decision.
So far we have a number of trolls on the forum, who claim they are saviours and trying to inform the community on how bad I am.
The claims so far have been:
1/ I held too many coins
2/ I dump coins
3/ I am a scammer (not scamer)
4/ I own all the coins on the exchanges
What will the next claim be?
For those posting rubbish, I have put you on ignore. People can see through your unsubstantiated claims.
BTA must really be making someone or some people very nervous, because they are going to a lot of trouble to keep coming here and posting.
DYOR https://bitcointalk.org/index.php?topic=1442426.msg14593352#msg14593352Yeah I'm having trouble following this and seeing how this shows BTA is in anyway a scam or the dev is in anyway a scammer. |
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This post is for Skycoin and others interested in the success of this coin, and are my considerations of the situation.
Because All skycoins have have been created in genesis block, and becaause they were not distributed straight away. This coin has created for itself a distribution nightmare.
To hold back coins and release when wanting to, whatever the excuses allows a situation to arise that will never, never be able to be explained away no matter how much you try.
It is not practical or reasonable to try and control the price in anyway.
The coin has to be able to carry itself to be successful.
There is only one way forward as far as I can see.
The only way forward I believe is to do an overall coin offering.
Decide on a price.
Keep a percentage for yourselves for developement and to pay what has been promised, this amount has to be know and reasonable.
Give the total supply being 100 million minus what has been sold as the coins available for the sale and whatever is not sold has to be burned into none existance.
Keeping the sale price low will ensure most if not all are sold.
Now let the free market do its thing.
I am quite sure there is no other solution to this problem this is why ethereum tokens are also done this way as its the only fair way when all coins exist from the beginning.
I would suggest a coin price of the average of the initial coin offerings.
In this way the developement team will be in the same boat as everyone else and they will still get their reward as the coin matures. I believe that this is the only fair and equatable way forward.
This makes sense, but what about the poor suckers who bought SKY coins years ago? Best distro I've seen lately is byteball, airdrop 10% every full moon onto existing holders, has incentive of compound interest that prevents dumping until all coins afe released. Moving to 100% distribution asap is definitely advisable, but using some airdrops to reward past investors and encourage new ones to hodl would get SKY into top 20 almost immediately. Again, the byteball distribution is utter trash. It makes no sense from an economic standpoint. I don't get why people are so positive about it, probably because it benefits them personally as large bitcoin holders. "Is this a joke? I really hate how people praise byteball distribution. Ooooh lets give people free money based on how much money they already have, let's make the rich richer and help to consolidate wealth further! In an ICO or crowdsale the rich can still buy more, obviously, since they have more money to invest- but that also requires they invest more which means they are taking on more risk. With an airdrop there is no risk, the rich are just handed more money than other people for no reason other than the fact they already have more money. They don't have to take on any proportional risk. It's an absolutely trash economic model that will never work." If byteball never amounts to anything, which I doubt it will, it will be because of its shitty distrbution model that incentives hording and rewards the rich and weathy simply for being rich and wealthy while fucking over those that haven't already amassed amd horded capital. Shit, in the byteball model even if you are rich and wealthy if you aren't hording your wealth but are instead actively investing and utilizing it (which is the best thing to do, not only for the interests of oneself but also for the economy as a whole) you get fucked too. Like all the people, such as myself, that have a fair amount of wealth in cryptocurrency, but don't horde it all away as bitcoin and instead actively trade and invest with it. I get nothing from their shitty distribution because I'm actively contributing to and participating in the growth of the economy instead of sitting on and doing nothing with my money. Oh but guess who does get rewarded? All the exchanges, projects, and services that can claim their users', investors', and customers' BTC as though it is their own. Fuck byteball and fuck "airdrop" distribution models. Anybody with any sense of how economics works will agree that that model of distinction is utter and complete trash. It has never been a viable model in any conventional economy and I strongly believe it will never work in a cryptocurrency based economy. If skycoin ever does something similar I will be out and never look back. byteball is a good coin man. What an insightful response. I never saw it that way before, but you just completely swayed my opinion with those eloquent rebuttals of the points I made. But seriously, sure bytecoin is a good coin with good tech but its airdrop distribution model is whack and I'll never invest a penny into it for that reason. Please convince me otherwise that the economic issues I highlighted above are not a problem. |
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This post is for Skycoin and others interested in the success of this coin, and are my considerations of the situation.
Because All skycoins have have been created in genesis block, and becaause they were not distributed straight away. This coin has created for itself a distribution nightmare.
To hold back coins and release when wanting to, whatever the excuses allows a situation to arise that will never, never be able to be explained away no matter how much you try.
It is not practical or reasonable to try and control the price in anyway.
The coin has to be able to carry itself to be successful.
There is only one way forward as far as I can see.
The only way forward I believe is to do an overall coin offering.
Decide on a price.
Keep a percentage for yourselves for developement and to pay what has been promised, this amount has to be know and reasonable.
Give the total supply being 100 million minus what has been sold as the coins available for the sale and whatever is not sold has to be burned into none existance.
Keeping the sale price low will ensure most if not all are sold.
Now let the free market do its thing.
I am quite sure there is no other solution to this problem this is why ethereum tokens are also done this way as its the only fair way when all coins exist from the beginning.
I would suggest a coin price of the average of the initial coin offerings.
In this way the developement team will be in the same boat as everyone else and they will still get their reward as the coin matures. I believe that this is the only fair and equatable way forward.
This makes sense, but what about the poor suckers who bought SKY coins years ago? Best distro I've seen lately is byteball, airdrop 10% every full moon onto existing holders, has incentive of compound interest that prevents dumping until all coins afe released. Moving to 100% distribution asap is definitely advisable, but using some airdrops to reward past investors and encourage new ones to hodl would get SKY into top 20 almost immediately. Again, the byteball distribution is utter trash. It makes no sense from an economic standpoint. I don't get why people are so positive about it, probably because it benefits them personally as large bitcoin holders. "Is this a joke? I really hate how people praise byteball distribution. Ooooh lets give people free money based on how much money they already have, let's make the rich richer and help to consolidate wealth further! In an ICO or crowdsale the rich can still buy more, obviously, since they have more money to invest- but that also requires they invest more which means they are taking on more risk. With an airdrop there is no risk, the rich are just handed more money than other people for no reason other than the fact they already have more money. They don't have to take on any proportional risk. It's an absolutely trash economic model that will never work." If byteball never amounts to anything, which I doubt it will, it will be because of its shitty distrbution model that incentives hording and rewards the rich and weathy simply for being rich and wealthy while fucking over those that haven't already amassed amd horded capital. Shit, in the byteball model even if you are rich and wealthy if you aren't hording your wealth but are instead actively investing and utilizing it (which is the best thing to do, not only for the interests of oneself but also for the economy as a whole) you get fucked too. Like all the people, such as myself, that have a fair amount of wealth in cryptocurrency, but don't horde it all away as bitcoin and instead actively trade and invest with it. I get nothing from their shitty distribution because I'm actively contributing to and participating in the growth of the economy instead of sitting on and doing nothing with my money. Oh but guess who does get rewarded? All the exchanges, projects, and services that can claim their users', investors', and customers' BTC as though it is their own. Fuck byteball and fuck "airdrop" distribution models. Anybody with any sense of how economics works will agree that that model of distinction is utter and complete trash. It has never been a viable model in any conventional economy and I strongly believe it will never work in a cryptocurrency based economy. If skycoin ever does something similar I will be out and never look back. |
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I disagree that the only way forward is an overall coin offering. Personally I think it makes more sense and would be better for current investors if the coins are sold incrementally based on developement needs as the project progresses.
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