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Is there buy/sell thread?
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Just to clarify, investors in the IPO can also claim free distribution if they wish  We expect a smooth initial launch. We are very excited to get things rolling because in the next few weeks, exciting things are going to happen. We can't wait to show you guys the functional UseMarket! Show us half-functional UseMarket.  |
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I hope that its launch will be better than syscoin.
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Here is a theory of mine,
If I'm a Validated Merchant and I also have another standard user account (that is running a node) and I use my user account to "buy" my own goods in a closed loop, that would make me eligible to earn 50% transaction fee on my merchant account but also give my user account a high enough rating in the Proof of Purchase(PoP)+ Proof of Time(PoT) to earn the other 50% of the block reward.
This could essentially let me shark all the transaction fees on the whole network.
Simply add rating in PoP only 1 time from each different Merchant account. So you will not get high rating from 1 store. |
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After the discussion with my colleagues, we have decided to remove this announcement because we don't want any negative publicity for our project. No payment will be accepted after this post. Now our project will go ahead with funding from private investors and our coin will be available for public trading after further developments is done.We thought it might be good to get investments from crypto community rather than private investors but we were wrong because these days this is not the right way to do it. After your valued reviews we have also decided to change the name of our project as we also have many more plans for this project, more than Ethereum. We thought it may be a good idea to name our project after Ethereum as we have plans to provide all the services which Ethereum will provide but at cheaper rates. Our team is very excited about this project, so we don't want anything to harm our efforts.
Thanks all for the feedback.
Private investors, meaning you will mine all the coins amd attempt to sell them on an exchange. Maybe Ripple, Stellar model. |
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The second phase is more of an incentive for investors who wish to buy in to buy in during phase 1. We initially did not intend on making a second phase but realized in the case we do not hit the exchanges within the first week of launch, other people who may have missed phase 1 can still buy USE at (what we consider) to be a relatively low rate. We do not expect our IPO coins to be sold out at all, our initial goal was to be able to reduce the max. supply as much as possible, we will be able to do so by destroying any unsold coins from our IPO, as well as any remaining coins that are not claimed from our free distribution pool.
3 BTC and you are on Bittrex. Why only 2 stage and not 4 for every week of mining? |
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I just don't understand why the IPO still running after the POW phase launch?
+1. Why anyone would by from IPO if miners(dumpers) can easily make price less than IPO price?  Dev should choose one of this option: 1) Set start of mining on 26; 2) Cancel 2 Phase of IPO. |
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I expect they will collect 100000E-13 BTC
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Sorry for the dumb question.
I am just entering Crypti now.
is it possible for me to buy XCR on BTER right now?
Yes, but you will buy presale tokens, after Crypti launch you will receive your Crypti. Thanks - I am assuming that once the launch happens the presale tokens will be converted to crypti and I can withdraw them as I would BTC from BTER? Yes. |
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Sorry for the dumb question.
I am just entering Crypti now.
is it possible for me to buy XCR on BTER right now?
Yes, but you will buy presale tokens, after Crypti launch you will receive your Crypti. |
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Paul Gibson : Developer
Vincent Waldin: Developer
Joseph Grey : Developer
William Brown: marketer
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i understand u but we can do nothing. only wait...wait...wait...  I think after this no one would use BTER as IPO escrow.  |
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USE, very much like the currency allocation
I wish you a successful launch!
USE, certainly successful launch, because we are waiting for you!
USE, popular, we can see that we are looking forward to USE punctual launch! USE, I really like this currency
I would strongly recommend it to a friend!
You need new ideas. |
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Do you plan to add it to some exchanges in first week? If so are you going to set big sell wall at 2000sat?  |
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this looks like a disaster phase 1 holders will just sell into phase 2 price. remember what happen with limecoin
Dev should disable phase 2. It is meaningless. |
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Why do you start mining on 19, maybe 26 would be better.  |
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for those who've followed this from the start, what's the assurance that this pre-sale wont end up being another SYS?
Escrow should give IPO fund to dev after one week of stable work of wallet. |
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any further news of delay price will fall below 0.000015
if there is news, the team will report it here. Yes the price falls, it falls.. Should be able to go back up when we get an announcement Only if news will be  . |
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We (Moolah) are closely monitoring the situation, and we be taking action as necessary.
At this stage, we are waiting to see what the developers communicate to us and the general public today, and will not be releasing any funds to them until there is a stable wallet release (with no issues for {n} days).
We are not going to jump immediately to refunds, and will not be placing additional buy walls past the 250 BTC already done until we have more information.
In a worst case scenario, we will be providing a mix of refunds (with here coins have not moved), and ICO price buy walls for the remainder. Again, I still have faith in the Syscoin team, and do not anticipate this happening - but we are here as a safety net for investors, regardless.
I'll make sure I blacklist your company from now on. No refunds? I feel sorry for anyone who invested in this altcoin trash. Stick with BTC, there is a reason why it's king. |
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