Last week's Blockchain Top 100 ranked by social media influence (scoring metrics from Kred (20%) and Twitter (80%):

https://www.rise.global/blockchain-100/r/2584258

Syscoin @ Number 4 ! Behind only 3 media outlets: CoinTelegraph, CoinDesk and Blockchain.com.

A seriously GOOD article about the investment psychology of the average person, why in bear markets it's all about Getting The Job DONE, and what it all has to do with Syscoin and Blockchain Foundry:

Blockchain Foundry (BCFN.C): Sector be damned, work still needs to get done
https://equity.guru/2018/08/15/blockchain-foundry-bcfn-c-utility-crypto-angle-improves-old-model/

BEWARE:

IconFirm and blurryeyed are THE SAME PERSON spreading FUD and fake news like there is no tomorrow.
He/she is Russian-speaking from Russia or a former USSR country living in the UK from what I found; and (s)he has been active in many, many different threads which hints at doing it as a job being paid from unknown entities.
He/she switches profiles back and forth to make it seem as if the FUDster is not alone and has some support.
It's very clear and visible if you compare their style of writing.

He/she has called me a Syscoin shill even though I am just a regular guy with my biggest bag in SYS taking care of my investment. Of course Syscoin's and BCFN's well-being is very important for me - it's my money in the end of the day. And I am very happy with my investment so far (bear market notwithstanding), but when I see such unfair, rude and aggressive FUDsters trying to screw us all the normal investors over, I get uneasy.

I have come to suspect more and more that (s)he with (at least) these 2 profiles is a pawn of a Market Maker with the only goal to push SYS price as low as possible to accumulate. It makes perfect sense, because no sane investor would throw such a purposeful constant stream of FUD without fearing to push the price of his investment even lower, thus losing HIS OWN money devaluing his investment. Only a person or a group intending to deliberately push price as low as possible to cause as much confusion as possible, would do this in his or her right mind. And (s)he has been reported by a Legendary user together with over 20 other profiles to be the same person/group for similar destructive activity.

The logical question comes to mind then - why does (s)he care and is still in this project if (s)he seems so dissatisfied?
(S)he is not tied with ropes, (s)he can sell and move to another coin. All alts are down, (s)he can lose no momentum switching away from SYS. It's not like (s)he would lose any money. Leave us all the poor and pitiful bagholders holding tight our bags.

Usually things in life are much simpler than they seem to be. Going with our gut feeling tells the story here. I'd say the goal of this specific appearance of FUDsters is accumulation as low as possible. And only an insane person would sell now after a 3-month+ slump in alts. Don't fall for the FUD. Their goal is to make you panic and sell at a huge loss. When there's blood in the water, then it's the right time to buy and add to your positions. Every smart trader and investor knows that.

Dear IconFirm,

I am really, really surprised that you claim you are a long-term investor in Syscoin.
I read your whole rant and I do understand some of your concerns, but I don't accept the way you are pushing through your agenda.
I am myself a long-term investor in Syscoin and just couldn't hold my horses agitated by the rampant injustice you are giving to the very hardworking Syscoin/Blockchain Foundry (BCFN) team. I really don't know what is wrong with you.

You may have your own reasons, basically seeing 3 points - Poloniex being a piece of shit treating their customers like crap; BCFN being a public company not being able to share information freely; PeerMountain customer relationship.

I get your points, but you have crossed the line. Such petty accusations, I am shocked!
I didn't know how fake news looks like, as I haven't seen such before where I've been positive they are fake. Now I know.
You are throwing random numbers and fabrications like they're popcorn. Deep Financial Trouble, WTF!?! Why $2 million in debt, and not $5 million, $15 million or $200 million. Just write down a couple more zeroes to sound more terrifying, it's not a big deal! By the way, where is your proof about that allegation, as I am wholeheartedly saying this is the most ridiculuous thing I have ever seen! I just see many accusations with no proof whatsoever!
Any reasonable investor would have found such information in the news already, if true, as Blockchain Foundry is a public company - an incorporation with shares, shareholders and dividends, like IBM and Hewlett-Packard! Good luck asking IBM about their exact plans with dates because you are hodling 5 shares of their company! There are rules for providing information, as it can influence the stock. Also, you shouldn't look at rants and promises like most other coins, like EOS and Tron. You should care if the companies deliver.


I scantily remember you whining for some time being kinda stung by Poloniex. Kinda, because your Syscoins were blocked in Poloniex, but once they unblocked, you got them back. We are all disappointed by Poloniex. My coins were locked in Polo for 10 days last August. But I didn't go on a killing spree mission throwing shit at Syscoin team. In fact, it doesn't have ANYTHING to do with Syscoin team!


Btw, why would you care so much about PeerMountain? It may be true what you say, or may not, I won't bother to check it out in details, as it's not significant for Syscoin long-term. It's one of the many, many, current and expected future partners-slash-customers of BCFN! Like Coinpayments, AiBB, AXS with ZUBX P2P Exchange, just to name a few. PeerMountain is just a customer, IconFirm! If you are a salesman in a clothing shop and a customer wants to buy something from you, do you ask for ID and full legal history, any fellonies committed, etc. It's none of Blockchain Foundry's business, for Christ's sake.
You may or may not have heard, but BCFN is now a public company listed on the Canadian Securities Exchange, and they have legal obligations to comply with and thus share information in a certain way, not just replying to some weird questions by anonymous user in an open bitcointalk thread.
As a long-term investor, you should also know that most communication about Syscoin takes place in the Syscoin Slack channel, not here.
There you go, you're invited:
https://syscoin.slack.com

The whole devs team are pretty communicative and helpful guys. And danosphere himself has a weekly session to answer all kinds of community questions each Friday at 4pm EST in #general channel on Slack.

But why bother, when it is way easier to rant your empty accusations and threats here!

As a matter of fact, I consider your behavior VERY aggressive and completely emotional, with nothing tangible to support your reasoning and a shame to be a fellow Syscoin investor based on your words.
If I were them, I would feel disrespected too, even angry and pissed off and I would ask you to stop posting and also eventually delete your very negative comments and disruptive rhetoric for the normal constructive communication.

And based on this report from a Legendary Bitcointalk author, you have multiple BTCTalk profiles, most of them permabanned + nuked, dating back to 2015:
https://bitcointalk.org/index.php?topic=1064824

Any normal person would ask you to stop and leave the forum. At some point it's too much. If you don't like the Syscoin project - just sell your Masternode coins and leave the project. Piece of cake. Convert your coins into another altcoin - they are ALL down right now - and leave it. Why the hassle?

Binance API hack happened exactly with Syscoin because SYS orderbook is extremely thin on the sell side. It has always been like this in the last couple of years. People ain't selling much, even in a bear market. How come? Instead of dumping, people are loading up on Syscoin. Strange?

And yes - I am a fake shill account since 2014 (pun intended), so let's spare you the effort and we can all take a deep breath of
fresh air - PLEASE SELL! I would be more than happy to buy your Syscoins.

Sebastian is AMAZING!      

He Really, Really Knows his stuff !!!

Ciscoin...Order Cisco...funny 

I wouldn't DL/start this thing. It has a single .exe and a .dll in there. It may be a malicious tool. Beware.

It could reach 5-6k sat in 1 week.
But really wait for Blockmarket Desktop and Blockmarket Web, HODL for a few months until at least end of year and you will be rewarded 5-10x,
maybe even more.
I mean that seriously.

Hello Sebastien,

I am an investor from the earliest times of Syscoin with the ICO and Moolah debacle in August 2014.

I have an idea for you.

Looking at the DIF announcement reminder now, and I have seen the DIF site at the moment you announced it on the 24th of May, I cannot help but notice that ALL the other companies have their NAME WITH LETTERS next to their logo, Blockchain Foundry is the only one which has only provided their logo for the compilation.

That's generally not a good idea. Blockchain Foundry is (still) not a renowned company like e.g. Mercedes Benz, McDonalds, Twitter, Shell, Nike or Apple to name a few, which just don't need any letters or words to be recognizable. People need to see Blockchain Foundry - both logo AND name with letters.

You should provide marketing materials to companies, conferences, websites, etc. with both - like it is done finely in the Brochure for the Consensus 2017. I just don't know how you missed it for the DIF foundation/site. "It takes too much space" shouldn't be a reason.
You see on the pic how much space "Danube Tech GmbH" takes, still it doesn't matter to them.

If it is all about the physical space that the letters of the company name take, you could make it with a smaller size of the font.

But company insignia should be present EVERYWHERE - both logo AND name.

Thanks and good luck!

Hahah LOL, guys, IMO (and obviously of the other big holders) the fair price for SYS is, as bontol72 said, above $1/SYS. I'd say over 40k sat/SYS. Otherwise we wouldn't be HODL-ing. LOOOOL.
It takes time, guys!
Devs must work.

Regarding OpenBazaar vs Syscoin, check 1st title page of this thread. It just doesn't make any sense to talk about comparisons. Only if you find out that OpenBazaar is P2P, not a real blockchain, should be enough to keep the discussion at bay.

I am from the earliest investors before the Moolah scam, when 1 SYS was a lot less than $0.01. I never doubted for a moment. I never sold 1 SYS.
I have only hoarded more and more.

THIS IS THE BEST TEAM IN ALL CRYPTO THAT WE HAVE. THE BEST. Other teams may be bigger and more famous in the crypto world, but NO OTHER TEAM IS MORE DEVOTED, AMBITIOUS, FLEXIBLE, TENACIOUS, KNOWLEDGEABLE, GOAL-ORIENTED, SMART, LISTENING TO ITS USER BASE, INVENTIVE AND RESOURCEFUL THAN WHAT WE HAVE HERE. This team just finds ways and makes it happen, guys. With almost no money, no external funds, they bet on themselves, they worked for pennies in the last 3 years and made it happen. Blockmarket is knocking on the door. They are a Microsoft Azure partner, now their company Blockchain Foundry is one of only 2 coin-owning companies together with IOTA ($1bill. marketcap coin) which is a member of the new Decentralized Identity Ecosystem alliance that came out from the Consensus '2017 forum. In that endeavour, they will have partners like Microsoft (again), RSA and Accenture among others. Great things to come...but it takes some time!

https://decentralized-identity.github.io


Did you check out the last newsletter by the team? They invest in themselves, they rented a great new office space, they hired 2 senior devs - what for? To make even greater products in the future, that's why!

You have to do your own research and investigate the asset. I know all coins. I know that ETH is great, that LTC is the coin of the day right now.
But they have low ceiling. You have to invest in projects that have lots of room for growth, one of the main rules in investing.


I unlinked some BTC from other sources and I am also buying the dip now Even though I have a lot of SYS, it should soon be worth much more,
so why not?

Anyway, that's enough from me chiming in the last 10 days. I am a little tired explaining. You are grown people, you can make your own decisions.
If you sell, I will buy.

Good luck!

THAT is their goal, dude. If you weren't sad, you wouldn't panic, and you wouldn't sell.

Actually you COULD get rich in ten days (or a little more) when Blockmarket official version is released to the public.
Patience is a virtue.

I tell you all this because I am not day trading SYS (unlike other coins), I am investing in SYS. Otherwise I wouldn't reveal such info in public.
My comments might not make the bigger whales happy, but we all have our interests and mine are to see SYS get the credit it deserves.

P.S. SYS was in an uptrend channel prepared to surpass 10k sat for good last week having tested the support of the channel a few times successfully, it was a done deal more or less...and then at exactly that time BTC tumbled down from $2715 to $2505 on 24th of June - to  $2432 on 25th of June - to $2315 on 26th of June - to $2291 on 27th of June. That 4 day shorting attack on the Bitcoin affected all crypto, SYScoin included. Just bad luck. Bad timing unfortunately. Hadn't it been for the Bitcoin from end of last week (i.e. BTC was gaining now, say it were $2900 now trying to break the all time high), now SYS would still be in its uptrend channel above 10k sat. Instead panic selling in all crypto ensued. Because of Bitcoin.

Check that out:
http://shouldipanicsell.com/

Another big SYS owner here. I am not worried at the slightest. It has happened many times before.
It's just the sentiment of the market going bearish. Most of it is Bitcoin going slowly down, causing anxiety and then panic in people trying to sell their alts at whatever price in BTC -> USD and save some of their investment.

All the big holders who bought SYS under 1 cent are NOT selling, I can tell you this. And you can see it in the blockchain yourself.
I have made a ton of money so far buying the SYS dips alone. And I have never shorted SYS, this is the amount of respect I have for the coin, for the project and the team behind it.

It's a pity I don't have free BTC to buy the dip right now. It would be awesome.
SYS will soon start realizing its potential and it is many times what it's worth right now.

Just my 0.2 SYS 

Hey Brad Lee,

I read the Marketcap article you provided, but it still tells nothing new that we don't know.
We know liquidity is important but now only BTC has proper liquidity. You saw what happened with Coinbase ETH glitch 2 days ago when a miriad of stop-loss orders got triggered in a chain reaction to bring the price to $0.10/ETH. So we'll leave liquidity out of the conversation.

In the article they give Auroracoin as an example - WTF?!?
Syscoin is a normal digital asset with NO funds left locked to be released at a later date or under a certain condition. It's all available NOW, with the normal inflation rate for the next over 50 years, something common like in Bitcoin and Litecoin.
525mil. coins available now in circulation with max circulation of 888 mil. coins in 50 years. Nothing hidden, nothing left aside.
1.5% inflation/year until 2028, then 0.75% inflation. Just FYI US FED's inflation goal is 2% and beyond per year.

From the coin specs whitepaper:
There is a 888 million maximum coin limit. 1 minute block time. Proof-of-work SHA-256 merge mineable (majority of network security coming from Bitcoin). Syscoin 2.0 had a block reward of 54.13. Syscoin 2.1 which was released on December 18, 2016 represents a ”halving” event in block rewards reducing them to 16.39 per block (a reduction of 330 percent).

That is what I call scarcity of supply.
I try to and I still don't get your point. In normal coin distribution, things are...normal.

What is your definition of scarcity?

The coin is scarce enough. Scarcity is inflation rate. How much surplus of it do you get each day guaranteed. And distribution schedule is great - only 40% of max circulation will be added in the next > 50 years. 60% already available for less than 3 years since coin's inception.
It has this distribution because it will be a market-supporting coin after all, it will be actively used as a medium of transaction, medium of exchange.

Market capitalization is the leading indicator about a digital asset's value. Price doesn't mean so much. Price doesn't have any relation to scarcity.
It is just marketcap divided by number of coins. Simple.

And psychologically for transactions I would prefer having a coin that costs a few dollars rather than a few hundred dollars like ETH.
Easier to handle, easier to get accepted and utilized, plus ordinary people easily getting used to it.
Because that's the goal - mass adoption!

And regarding marketcap, take a look at market caps around Christmas 2016, when the article was issued:
https://coinmarketcap.com/historical/20161225/

I have extracted data about a selected few coins then and now:

25th DEC. 2016:
#Stratis - 36th / $6.066 mil. marketcap / $0.061770 per coin / 98.2 mil. coins in circulation
#Siacoin - 45th / $4.503 mil. marketcap / $0.000208 per coin / 21,692.3 mil. coins (21.6 billion coins!)
#SYSCOIN - 48th / $4.267 mil. marketcap / $0.008182 per coin / 521.607 mil. coins


23rd JUNE 2017:
#Stratis - 10th / $746.761 mil. marketcap / $7.59 per coin / 98.4 mil. coins (+0.2 mil. since 25th DEC. 2016)
#Siacoin - 14th / $541.766 mil. marketcap / $0.019958 per coin / 27,145.03 mil. coins (+5,452.73 mil. / i.e. +5.45273 billion coins! coins since 25th DEC. 2016 -> 25.136% inflation for less than 6 months!!! That would give over 50% inflation rate per year for Siacoin, compared to 1.5% inflation rate for SYScoin, 34 times higher inflation rate than SYS!
But somehow, it doesn't bother marketcap and price per coin for Sia!)
#SYSCOIN - 41st / $124.515 mil. marketcap / $0.236884 per coin / 525.637 mil. coins (+4.03 mil. coins since 25th DEC. 2016 -> 0.7726% inflation for 6 months / ~1.5% inflation per year, as scheduled)


NOW, these coins above are the ones that I would define as having great potential, and accidentally, were really close to each other in marketcap on 25th DEC. 2016. BUT:

How come Stratis (+42.1% marketcap over SYS on 25 DEC. 2016) now has +499.73% (6 times!!!) higher marketcap than SYS?

How come Siacoin (+5.53% marketcap over SYS on 25 DEC. 2016) now has +335.1% (4.35 times!!!) higher marketcap than SYS?
How come Siacoin with such a high inflation (>25% for less than 6 months), gained so much in marketcap - following your logic? Not only it has over 27 billion!!! coins - huuuuge distribution, but also so much inflation for such a short time for an "established" coin!

Because...

Market is a bitch sometimes.

For me all 3 coins above are great in what they *PROMISE* to achieve.
But I have seen nothing tangible in terms of products from Stratis and Siacoin to uphold their words. Just words and bare promises so far. And they still boast 6 times and 4.35 times respectively higher marketcaps than SYS! I am especially suspicious of Sia cloud storage promises to deliver 10 times!!! less expensive cloud storage solution than the cloud storage offerings of established companies like Amazon, Google and Microsoft who can provide economies of scale because of their dimensions and mind-boggling customer base, not counting smaller cloud storage companies who claw to stay relevant and not get out of business! And then comes the savior Siacoin with promises of 10x (not 10% but 10 times!) cheaper prices of cloud storage. In conditions of fierce competition for customers? Give me a break!!! Something's not right. Something's gotta give.

But I digress..

SYScoin, on the other hand - with THE lowest market cap among the coins with highest potential will have its main product released probably this week!!! For sure. And we know it is coming in the next few days at the latest...because the Blockmarket status was at Beta 4 version just over a week ago!
It is going nowhere but to be released as we speak. For STRAT and SIA not really. But still this huge difference in marketcaps!


Now tell me if you are a SMART INVESTOR - where would you invest???

And last but not least which would be more valuable for the average Joe in the long run - a development platform for .NET (Strat), a cloud storage solution (Sia) or a decentralized marketplace (SYScoin)? Did our predecessors and ancestors have 1) a development platform, 2) cloud storage, or 3) a marketplace 50 years ago, 500 years ago, 5000 years ago?

Nuff said.

Just my 2 cents.

 

Devs are working extremely hard to bring us the revolutionary Blockmarket product.

And some news are starting to come out:

https://twitter.com/sebschepis/status/877715269669470208

The old new SYS senior dev Sebastian Schepis from the ICO days is rejoining the SYS team.

This is huge news!

SYS will steamroll to new unexplored dimensions!

Welcome back aboard, Sebastian!

Hello Dan, Syscoin team,

you may want to pay attention and enrol SYS to this new Cryptoexchange project which looks very nice:

https://changelly.com/

How it works:
https://changelly.com/how-it-works


Keep up the good job, guys!

First CLONE of SYScoin

https://bittrex.com/Market/Index?MarketName=BTC-SCSY
https://bitcointalk.org/index.php?topic=802430.0

Congratulations!

That's a good sign for the inherent value of the coin there are clones out there.

12.5BTCs aren't a big deal either. Yesterday I witnessed how Darkcoins for about 100BTCs were bought on Mintpal in the matter of about 20 minutes.
Syscoin will push harder and this wall will be smashed by demand really quick. And over 500-600sat it's thin air where gains will be made in big strides.

Dev Dan is getting married today! Let's wish him all the best and happy and fulfilling matrimony!

You know how it is just before the wedding.
So, can you imagine how the team will deliver even better in a couple days when it all settles down, while Dan gets fully concentrated on SYScoin only?