You've sad that placebo will do the escrow. please give us the link for his profile and also the link to the post where he says he accepts the escrow and the BTC address

I would also like say that the annonymous feature works but only slow. after about 377confirmations i recieved the 1XFC which i sent to myself. it came back in 2 transactions of 0.49999 XFC each

guys thought we have inquired repeatedly about a explanation about the premine from the dev, he hsan't come out with any reply.
This suggests only one thing - that he is a cheater and is trying to scam us all.
Even if the annonymous works or not, the kinda devs don't deserve any forgiveness.

So what i suggest is, if the dev doesn't give us any explanation within 6Hrs we contact all exchanges and suggest them not to take this coin. and we could also tag him scammer

I do know that you all would have invested so much in this by using your own rigs or by renting (i myself had spent 0.12BTC to rent rigs). But that doesn't mean we'll have to support this scammer.

He updated the thread!!!

[/quote]

What?! he increased the no.of blocks? i expected him to increase the block reward or change the max coin to 10mil.
Without any real creativity and with a such a high premine, IPO and high max coin this one is destined to fail. No one will be interested to mine this coin for 139days or even for 5days. If this coin ever hits a exchange it will never be traded above 10satoshi

@cars2014coin if you really want to make this coin a success, I would suggest,
1. Change the block reward to 500 and POW blocks to 20000 so the total no.of coins is only 10million
2. Change the premine to 0.5%
3. Make the premine and IPO funds public and inform the community what you're spending the funds for.
4. If you want any coins for yourself, pls tell it to the community and only take it out from the premine(even if you want the entire premine). But use the entire BTC funds from the IPO to support the coin and its future. This way the community will know that you yourself trust in the coin and not just want to secure yourself with the BTC fund.
5. And also password wallets before the launch
6. It will also be helpfull if you do something to prevent instamine. like low initial block rewards for 20 -30 blocks


I would say if you follow all the above, you'll have a very great support fort from the community and can have a smooth launch. This will also ensure a bright fure for the coin and can have a marketcap of 500BTC for the least. And also the IPO could be completely sold out

No it has not been changed. with this stage of total POW of 10million coins you'll have 10%premine + 30%IPO that is 40% premine. i really don't understand if you're trying scam us or you're such dumb

325*500=162500... that is 3.25% premine

@finerpay speak out your intentions right now

dev its time you man-up and give us a explanation about the instamine of 400+blocks. whats your intentions

@finerpay you need to come out with the explanation about the instamine immediately or you could lose everything

450blocks already?

couldn't they launch a password protected wallet code?

LOL 

Now the devs should start creating a multipool

how can a OP who can't even calculate simple maths properly can create a successful coin with TOR

1000 x 10000 = 10,000,000  NOT 100,000,000



I assume the OP with his poor calculation would have created 10million coins for IPO and another 1Million coins for premine which would have accounted for 110% of the total supply        

So i demand the OP to give me 50% of his premine for doing the most difficult calculation any human nor computer could have ever done and saving his coin launch        

So the OP gave the specs, conditions and the name and ask us to create and determine the bounties for each part of the creation, launch and marketing?
That's interesting. So all he ask is our TRUST to let him be the OP and handle the wallet code?
Great! this itself is a innovation. CHEERS

I don't think its the "dev" who is creating this. someone else is misusing Syscoin name.

The original post of syscoin is here https://bitcointalk.org/index.php?topic=587080.msg6427928#msg6427928 and OP is "danosphere" not "SYSCOIN"

Here is the the explanation from the dev team about the scam threads https://bitcointalk.org/index.php?topic=587080.msg7437461#msg7437461

The original syscoin team hasn't released any BTC deposit address for the IPO and they have said they are in talks with moolah for escrow services for the IPO https://bitcointalk.org/index.php?topic=587080.msg7336359#msg7336359

From these details i think that the scamers are not from the original syscoin dev team

Don't ever go into IPOs without any well known escrow services. and Don't ever invest in a IPO if you're not 200% sure of it

You're right guerilla is worth more. but a lot needs to be done before.
we need to be invested for the future with strong dev team for new features and marketing and also strong public funding to backup.

But i'm also concerned about the unknown source of network hashrate. these unknown sources will be holding major part of the money supply and will want to manipulate the value of the coin.
If there a situation comes and they dump all the coins, then we could be scewed

maybe we should start a buy/sell thread here to establish a market value

not a good exchage.
we need a better one like bittrex or mintpal

The net hashrate is too volatile.
Some 5mins back it was 42Gh and now its 26Gh

The dev should put up a contest or contact a good designer if he could.
and ask for donations for the bounty. we'll be happy to oblige