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81  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 12, 2014, 10:15:02 AM
Isn't 518 satoshi way too cheap?
I mean there will only be 40 million coins after 6 months.

You got people on both sides. Some think it's too high and some too low. It all depends on how you factor in the presale numbers. If you assume most presale buyers hold and there is high demand then the price shoots up to encourage presale buyers to sell and miners to dump to meet the demand. If there are more people looking to sell and take their profit then price goes down and could come close to presale price.

But looking at just mining numbers then yeah, first 6 months of mining at 518 sat is only 171btc worth. Hardly enough for all the buyers out there. So price should shoot up if presale buyers hold.
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 12, 2014, 06:58:16 AM
a quick question, what happen to unsold coins? will they be destoryed?

In the case of the presale not selling out then they will only mine enough coins to cover what was sold in the presale.
83  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 12, 2014, 02:45:47 AM
Oh and another thing, will the coin be exchanged in other markets? I can't seem to find this.. will it be exchanged in trex or polo as well?

This has been answered many times. The team will not reach out to other exchanges. Bittrex adds multiple coins a week. Saturday night they add new coins. Tweet them and reach out to them in their IRC channel. If the community asks I bet Bittrex will add it Saturday night.

697btc left. Make sure you buy otherwise it may end up sold out while you sleep. 27 people can buy 25btc worth.
84  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 11, 2014, 10:06:16 PM

Except from moolah, any chance to get added on day 1 to trex?

Bittrex adds new coins on Saturday night so be sure to tweet them. They love adding quality coins.

Any price predictions after 3-6 months?

This is an open source project. The devs will continue making things but this is just the base. Yes, we will be able to buy and sell on the market place but there is so much more. If talented people can think outside the box and build some unique things that bring people to this coin the price will go up. Android was bare bones at the start but over months and years got better.

Thankfully there are bounties to reward people. We will have to wait and see what happens and the price will react accordingly.

How much panic buying do you guys expect in the days approaching the 16th?  Grin

765btc left. Enough for at least 30 people. If it sells out then people will have to buy from sellers on the exchanges. They won't get my coins for cheap. They can fight over the ones the miners dump.
85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 11, 2014, 09:23:23 PM
Is there an official irc?

http://webchat.freenode.net/?channels=#syscoin
86  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 11, 2014, 08:37:40 PM
Hey everyone. Thinking of investing into Syscoin. One question, approximately how many coins will be mined in the first month? 

Aprox 184320 per day as per schedule from OP.
So 30 x 184320 = 5529600
How long will it take for all coins to be mined?

do the match dude... all of the necessary calculations are in the OP  - fire up your excel spreadsheet and tell us.

I tried, but was not able to understand the following completly: "Block reward (updated): 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees)."

So help would be appriciated.

72 years to mine all coins.

After 1.5 years there will be 82,944,000 coins mined. At the price of 518 sat it is 429btc worth. So $246,246 worth after 18 months of mining if the price stays at 518 sat.

87  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 10, 2014, 11:06:44 PM
I am travelling on 16-08 and following days. Only online via Iphone or Ipad
In what way can I get my coins available?
Once I receive the keypair, can I send the coins to my wallet on an exchange where sync will be traded? Or is it necessary to have an own wallet on my computer first?

bump
 Huh

You'll need to hold till you get back.

Or use a remote desktop app on your device and connect to your home computer. Then use your home computer to send coins to an exchange.

Or just buy on an exchange using your device when it launches.
88  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain - Presale Started! on: August 10, 2014, 09:13:04 PM
I have invested 0.14882987 btc,so can anyone guess how much profit will I get from it?

Depends on how many people who invest a lot more sell at launch. If people hold you could see .15 to .45 (2x-4x profit). If you hold longer (weeks) you may see more. Just depends how many buyers compared to sellers there are after launch.
89  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 10, 2014, 04:02:11 PM
The thing with OneMarket is say a bunch of people sell thousands of dollars worth of stuff. These people want to dump CLOAK for BTC and cash out. Constant down pressure because the only people that are buying stuff on OneMarket are people already holding CLOAK.

We are all hoping new people buy CLOAK then buy stuff on OneMarket so often that there is constant buy pressure to even out the sell pressure. Then everyone will be praying the price doesn't go down much otherwise why would people want to buy CLOAK only to lose money before buying their items on OneMarket.

What we need is a stability fund to keep the price steady and give people confidence.

What I think will happen is every time more good new comes out the large holders will see that as a way to unload a few more coins and we'll never go anywhere.
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