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librexsend is releasing in a few weeks?
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We have all their names and we can probably find their addresses.
Let's file a lawsuit because this is bullshit. We expected professionals, but these are amateurs. What is a coding genius....only one of them can code.
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this could be the best ipo ever
It was the best IPO ever, but they seriously killed it for me and lots of other people. Two things that could be done - 1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC 2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING 3. Cut coin Total SupplyCorrect. It was the best before the pre sale started. I only used 10% of my allocated BTC for this IPO. Not happy at all. I was planning for 100% |
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agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.
It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy Not everyday, at the current reward schedule its for 15 days only. As I have said already we are still looking at this and it is subject to change. Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC. You don't want to upset your investors. i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same. I don't think coin reduction will be considered |
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agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.
It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy Not everyday, at the current reward schedule its for 15 days only. As I have said already we are still looking at this and it is subject to change. Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC. The people who are the loudest did not even invest. Stop changing things when we have already invested. You don't want to upset your investors. It's like studying for an exam for months and then finding out at the last minute that your instructor changed the syllabus. In this analogy, the investment was the time and effort for studying. |
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ill take a 5% loss. plz no more syscoin no
I might be interested. Or not. |
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That was the presale price?
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Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release
and mintpal too.. hey why not mail these exchanges and add the coin on launch to these exchanges? Exactly, any exchange can add us after launch, we aren't coded into the exchange. We aren't reaching out to other exchanges right now because we're working with Moolah as a real partner. While they are adding us to their various platforms we're also going to work with them to see how we can use the features Syscoin provides coupled with their platform offerings to develop new services for the crypto and mainstream markets. I'm sure other exchanges will add Syscoin eventually as well. As you said, this is the pre-sale, not the IPO, how do you ensure that the value of the sale of shares? You develop a 15% share, the size of the pre-sale program to determine the mining team bonuses. But if you did not complete 15% of the proportion of pre-assumption that only 5% of the pre-sales team of mining production should be adjusted accordingly. If you do not adjust the benefits or early investment will disappear or even lose money, remember that although you are a pre-sale, these early investors believe you and support you in the development of this coin can take off, you should protect the interests of investors , rather than just their money. If you follow the pre-sale results, the percentage adjustment programs, and if not, I want my money back. The mining likely won't be adjusted at all. You accepted the risk when you decided to donate money. There are no refunds at all. Mining will continue as it is. It is not the developers job to ensure value of the shares. You donate money, they give you coins, that's that. You accepted the risk and decided to invest, they have no obligation to make you profit at all. Like I said, this is not a coin for a short term pump and dump. It's a long term play here. If you expect to dump your coins for profit, please go somewhere else. Read the FAQ before investing next time. |
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http://altcoinherald.com/brand-new-altcoins-can-really-burn-investors/If you’re tempted to jump into the latest altcoin, think twice. Numerous new coins are launched every day. 81.1% of them fail within the first 30 days of launch. Even more troubling, another percentage of them fail basically right after launch! Many new coins that are ‘ninja-listed‘ on Bittrex are quickly pumped based on momentum. The problem with that is, the coin is essentially unproven and the code unreviewed. The week we saw how that could be a big problem with ‘Aegiscoin‘ and ‘Spartacus.’ This week was also heavy on very large ICOs. The dangers of unknown Devs came to rear its ugly head quickly. ICOs are scary for numerous reasons, but all coin launches can be a disaster when the Dev team has no plans on supporting the coin. Once an instamine or premine is dumped, or ICO funds are secured, there’s no guarantee that the Dev team will even return to their ANN thread let alone build out the coin for the long-term. Euphoria Kicks In When A New Altcoin Is Listed Altcoin Traders Burned Again Coin launches kick off an early phase of euphoria. OMG, the coin has been listed! Look at the market cap shoot into the millions! The trouble is, after a bit of hardcore pumping, a wave of even newer coins floods the market. The trading volume shifts to those coins and the prior set of coins completely deflate in price. The cycle is happening every day now. The reality of a new coin is that is should be priced at 1 Satoshi until proven otherwise. The chances that it will survive and change the world is similar to the odds that a golfer will be hit by lightning on a sunny day. The process of over-pumping these coins is a guaranteed formula for failure. The exchanges make money and so do a few groups of ‘Whales.’ After the party ends, the bagholders are left swimming in a river of tears. Can this formula really sustain itself for much longer? If there are more net losers than winners every day, the pool of investors has to dry up. After all the amount of marketing done for altcoins outside of the current circle jerk of ‘enthusiasts‘ is minimal. Without bringing new blood and Bitcoin to crypto, this constant market fragmentation of altcoins saps resources from stronger, more developed projects. Consolidation Of Altcoins Is Sorely Needed The time has come for altcoin projects to be rolled up into larger, ‘mega‘ coin projects that stand a chance for survival. Many current altcoins use the exact source code, the same ‘marketing strategies,‘ and have the same basic aims and principles, and target markets. Why exactly are they independent? Why are new CloneCoins launched every day when so many already exist? Could it be Dev, Pumper, and Exchange Greed causing this explosion in the altmarket? Clearly there’s no real ‘end user‘ demand, especially for a new clone. Even coins with ‘innovative features‘ don’t get far in the real world. What’s the chance that a brand new alt with no following and no unique features is going to carve out a niche? The answer is ‘NONE,‘ at least at first. That’s why you can put a fork in 8/10 coins after 4 weeks! They are finished and everyone knows it. Once the pump and dump is complete, the coin is quickly delisted from Bittrex so that a freshly ‘minted‘ coin can takes its place. Consolidation in altcoins would serve the same function it does in business. The weak offerings would be rolled up into less units that are stronger. Redundant positions such as ‘Dev‘ would be eliminated. Right now many Devs have more than one coin. After the launch phase is over, they obviously won’t be able to devote much time to any of them as individuals. Devs with multiple coins projects would be better served by rolling their coins into one larget project that may have a greater chance for success. Right now I don’t see any move towards this happening which leads me to believe that altcoins are a completely inefficient market. Currently new coins are created primarily for pump and dump and exchange volume creation purposes only. The next month or so are going to be pivotal times for alternative crypto. There seem to be signs of fatigue setting in in certain circles. Certainly most pumps have been running into trouble early as volume tends to gravitate towards one or two coins at time. The market can’t support all of the current listing with sufficient volume. It would be refreshing to see new coins that clearly have no redeeming qualities remain unsupported. When this happens, we might enter a new phase where the best of the best start rise to the top to become impressive currencies.
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10 New BTC in investment in 5 hours....
That is a rate of 2 BTC per hour on the presale!
So the early bird phase will probably end in about 150 hours +- 50.....
Or in about 6 days... It would end in 6 days anyway...
This may be a close one!
They will sell out. Many people with lots of BTC that give it out. |
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I dont think uve been in markets long enough to understand.. its understandable.
rofl , so unwilling to explain it, because it doesn't exist? so how long in crypto until i start talking illogical dumb shit? U cant explain it u learn it the hard way or ez way if ur smart enough either way 10k hours screentime is golden rule in any profession u must be under 1k still by the looks of it.. u gotta long journey unless u give up its all good. Bitcoin made so many wannabe investors cause they early adopters now they think they astute investors all of a sudden but easy money has passed. basically we were in a discussion about certain facts, now the aim of winning that debate is to prove the other one wrong, i told you that your assessment of 8 btc of new buyers = 100btc trade volume is pure bullshit now you had 2 options 1. Explain how that your statement is correct. This option would of completely won the argument . you would of proven me wrong but instead you went for option 2. pretend you know more than the person still without explaining the original assessment in any logical way. thus proving that you infact pulled that number out of your ass, or read it somewhere and the only real ability you have is to parrot anything you see you cannot even follow the logic of a simple debate. If you want to win the argument how about explaining exactly and 100% factually how 8 btc of new buyers = 100btc trading volume. If not continue to live in your self delusional world. dude delete this post man. jesus. stop the bickering |
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It makes sense for an investor to keep quiet about the coin because if it does not completely sell out, the unsold coins will go to mining and so higher returns for investor.
I don't think it makes sense to do that. The more momentum we can give it now the better in the long term. I think it is in everyone's interests to make sure that the PRESALE is sold out as quickly as possible. Imagine the PR that will bring - it more than likely will get SYScoin into the mainstream press and consciousness. Most investors pump and dump any ways, so that is the logic that many are following. Less market cap at launch, more room for growth. Does it make sense? Who knows. That's their point of view. |
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Just wait till after the presale closes and coin launches then Twitter will blow up telling people to buy SYScoin because of the innovative features, dev team, low market cap and upcoming features yet to launch. The FUD is strong to get the coin to launch with a low market cap.
It makes sense for an investor to keep quiet about the coin because if it does not completely sell out, the unsold coins will go to mining and so higher returns for investor. |
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Some thoughts: I don't expect that you'll actually sell out on this IPO.. Yes this thread has exploded lately, but it's not nearly as busy as, say, NEM.. NEM Stakes are also at a current market cap under 1M (when you account for the fact that only ~600 are on the market). Not saying the level of innovation isn't there, but the question is whether you can expect to see sufficient earlybird adoption to sell out the presale. My guess is that you'll see something closer to 25%-50% of the presale purchased. The end result is that a smaller amount would be premined and the marketcap would thus be much lower, leaving more room for growth. The size of the presale is also somewhat concerning. How long before the amount of syscoin doubles? Well, a premine of 18% is 360 Million coins. Based on block timing and halving schedule, it would take 2 years before an amount equal to the premine is mined. TBH, not sure if that's a good thing or a bad thing, but it does seem like quite a long time. I lightly invested. We'll see what happens  This is a buy in and hold coin. If you want to pump and dump and make profit right away, go find another ipo. The value in this coin is probably in one year. Buy into ipo, put coins away in cold storage and then come back after one year |
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This is vapourware according to syscoin dev. Why are you all investing. How did you get so many Btc. tell us so we can get more for syacoin
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How do you make contract legal digitally? In real world, contracts are notarized by notary public to make it legal. Who notarizes Syscoin? Do you know if there are robust laws for digital contract/certificates/wills/deeds yet?
What are plans to increasing for adoption to obtain users for this application of syscoin
1 month outlook
3 month outlook
6 month outlook
1 year outlook?
I'm not on the team at all just incase anyone is wondering. Just a person following along. What I have read about increasing adoption has been, "building partnerships with large players in the crypto space" "the deals we're working on aren't cheap, but will ultimately take Syscoin to the next level." I'm sure in the short term it is about getting the word out via websites, blogs, person to person, building web sites and telling people to check it out. Then work on partnerships with people already used to cryptos. Then mass adoption to people who may be interested in cryptos and what syscoin is working on. That I assume is the outlook. something specifically like hiring a full time call person to persuade companies that are offering these services to try to convince them to use Syscoin is doable with the funds? |
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How do you make contract legal digitally? In real world, contracts are notarized by notary public to make it legal. Who notarizes Syscoin/
What are plans to increasing for adoption
1 month outlook
3 month outlook
6 month outlook
1 year outlook?
I can't answer your questions about adoption, but I can tell you categorically that a contract does NOT have to be notarized to be legal. A contract is simply an agreement between two or more parties. It doesn't even have to be written, except in the case of real estate. Oh, I see. Thanks for clearing that up. I always thought there was a third party for some contracts, such as wills and stuff |
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How do you make contract legal digitally? In real world, contracts are notarized by notary public to make it legal. Who notarizes Syscoin? Do you know if there are robust laws for digital contract/certificates/wills/deeds yet?
What are plans to increasing for adoption to obtain users for this application of syscoin
1 month outlook
3 month outlook
6 month outlook
1 year outlook?
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I hate to say it, but I too think it's only fair to distribute remaining unsold coins to investors. I mean -- we are the early adopters. We are the ones who believe in Syscoin enough to take part in this relatively risky presale. We are the ones giving the funding needed so that Syscoin can take off as we feel it should. It seems only right that the earliest risk takers should enjoy the greatest reward, since we believed in Syscoin from the very start.
Of course you think this, because it coincidentally makes you a LOT more money when Syscoin takes off and you dump, but we aren't doing it. While it may benefit YOU, it would harm the coin in the long term. Investors aren't publishing their wallets and promising to hold like the Syscoin Team. We are NOT DOING THIS. STOP ASKING. You get what you pay for, period. That has not changed, nor will it. That is what happens to unsold coins |
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The price that was comfortable for me was about 160 satoshi
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