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Most likely another ICO scam as expected...
The changes on Yobit ICO rules are not good too... now DEV dumped his own coins at buy wall and have a nice premine of 50% of the coins. It is impossible for miners to dump this amount of coins on a buy wall of 4 BTC. Yobit should add a rule that all coins sold at buy wall will be destroyed, this means that DEV will not be able to make any profit out of it, as he buy 50% and he dump 50% so DEV will run a lose, and he won't dump his coins but start WORKING for it. @DEV are you planning to destroy the coins that were dumped on the buywall or will you keep the 50% premine? placebo, can you please actually read our ann before you post? supply is a lot more than the coins we have obtained through selling, for now we dont even have access to the funds and when we do transparency is our biggest concern
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we have been looking into long block time, partly to do with few people mining but we are considering changing stats to make it easier to mine as we need the miners behind samsara
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hello everyone, a big thanks to all who aprticipated in the yobit ico, today we trying to push for some more exchanges to accept samsara so if you can tweet, email or chatbox that would be greatly appreciated also development of the mobile wallet has began and we hope to have that to you within the next 5 days, we are hoping to add a few cool features to that and also implement masternodes for samsara around the same time - the first qubit coin with masternodes. will check in tonight with a few more updates, im excited to get the show on the road!
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thanks to all who have contributed to our ico funds, with these we can successfully plan and implement our business strategy for the zhengzhou curio in china. here is the links to the win-wallet: https://mega.co.nz/#!355ggICT!hjElC5oatObrLMbd1HBGKx5rSux8gfDGRuNHb0de9LI source: https://github.com/SamsaraDev/Samsara
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countdown is correct, apologies everyone, forgot there was a timer and just changed the finished time in text, complete now
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Less than 5 minutes actually according to OP timer. apologies had the wrong time in the ann, got confused with the timing xPooky has posted the correct time that ico ends, i have changed the ann
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thank you for supplying a pool for the coin, oc miner So the POW phase begins in an hour right when the ICO ends? Is that correct?
pow will begin as soon as ico has finished and we can upload the wallets and source "We need investors from outside our group to dump on our coin." From slack pump and scam group of this coin.
This coin is made only to scam. From a slack group where fake investors and also dev is inside.
I know all of them,most of them are writing in this thread trying to made fake hype.
I'm inside the pump and scam group.
Be careful.
If someone's want more info,pm. Will tell you all the people involved in.
practically every successful coin has a group or people around it trying to manipulate to make profit, it is not in our control what happens in the market. manipulators in any financial markets are essential. If this is the case we do advise people to use common sense when investing
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today is the end of our ico on yobit, thanks to all who have supported the coin so far, we are hoping to have a few pools at launch, i have messaged a few about adding samsara, so at launch i hope to have somewhere for people to mine
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maybe i will buy some at ICO if blockexplorer is released with moneysupply soon. What is masternode income vs. staking wallet ?
explorer.samsara.pw and 65/35% ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) have a nice evening
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Lol, "we want to create a business in china...." But i'm sure you are from east europe?
Same source and wallet layout of last ICO on yobit...TRANSF.
Coincidence?
Concidence number 1: Same wallet layout of last yobit ICO TRANS Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more) Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)
So many coincidences.
Good catch : Indeed, just copy & paste shit... Nothing wrong with that, as a lot is copy and paste shit. creating business in China's Curio Cities! That ANN is written in good English, can never been done by a Chines person and no thread in Chines... placebo, we have stated before in posts that the team is made from people in western europe, so not quite sure what you mean. we are not affiliated with any other coins, as i said this is the first and only coin to be made by this development team. we havent released our source yet, how would people know where our source is derived from? please actually add some logic to your scam claims. tomorrow i am going to contact some pools and other services to be avaliable on launch so i will keep you all updated with how that goes have a nice evening ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I did some google around. Samsara is Hinduism from India and "Buddhism, in its origin at least, is an offshoot of Hinduism" The characters on the logo is not chinese is indian script. Samsara is a term used in hinduism and also buddhism which is what we used for the coin theme. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FyGhHqK0.png&t=665&c=WdGGAHU6vbnq0w) the mystic knot (centre of the coin) is one of the Eight Auspicious Symbols and commonly used in buddhism the "Aum" cymbal at the top although also connected to hinduism is frequently used in buddhism too ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FB4JyNsZ.png&t=665&c=QZxhVJsNrRTEIg) we like the idea of samsara and its meaning. its the lifecycle of people and things and as most cryptocurrencies die short deaths, they are victims of samsara and we hope to beat the samsara belief with our coin. we also wanted to start our business in china due to its opportunity for products and also for its market and china has the biggest buddhist population of the world. can you see the connection created in the coin between buddhism and china now? we understand the coin might not be for everyone and that is ok, but can i please ask you dont try to spam the thread with incorrect facts. thank you.
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Lol, "we want to create a business in china...." But i'm sure you are from east europe?
Same source and wallet layout of last ICO on yobit...TRANSF.
Coincidence?
Concidence number 1: Same wallet layout of last yobit ICO TRANS Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more) Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)
So many coincidences.
Good catch : Indeed, just copy & paste shit... Nothing wrong with that, as a lot is copy and paste shit. creating business in China's Curio Cities! That ANN is written in good English, can never been done by a Chines person and no thread in Chines... placebo, we have stated before in posts that the team is made from people in western europe, so not quite sure what you mean. we are not affiliated with any other coins, as i said this is the first and only coin to be made by this development team. we havent released our source yet, how would people know where our source is derived from? please actually add some logic to your scam claims. tomorrow i am going to contact some pools and other services to be avaliable on launch so i will keep you all updated with how that goes have a nice evening ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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the business plan is very interesting, but what's you B plan if you won't rise 60BTC?
in theory we could start the business with 1btc but obviously it would slow the growth progress and increase timescale drastically. I don't think the whole 60btc will sell we just provided the option incase it was a massive hit. Also if coins dont sell the price will go up as there is less supply so investors will have automatic profit. ideally for us to successfully start the business off we need 10btc and anything greater will be fantastic and give us more options for the future and to do everything quicker
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As promised the Samsara business plan, going to attach it to the ann just with a link to an external document as its long but i will post the whole thing here in a post: Samsara Business plan
business summary
Samsara will create a business which focuses on the sourcing and purchasing of chinese antiques which will then be held or sold for profit. Initial business operations will begin in Zhengzhou, a city in which the samsara team have experience in. Expansion will be sought into the Beijing Curio and then our own antique shop which will be located in areas of tourism interest.
Steps of creation and development
Sourcing antiques for initial foundation in Zhengzhou
Zhengzhou is home to one of the 3 largest Curio Cities. In its four levels it sells a range of paintings, wood craft and antiques. Zhengzhou is a great place for our business to start as the product range is varied and unorganised creating the opportunity to find some hidden gems. Myself and another Samsara team members are the ones who are journeying to china. My partner speaks the language and has contacts with people who specialise in chinese antiques in the US and Europe. I have knowledge on chinese antiques, origins and their rough market value. We will use our funds to purchase quality antiques that we can sell for a markup either online, to my partners contacts, or in our own curio stall.
Renting our own curio stall in Zhengzhou
Zhengzhou's curio is essentially a hyper car boot sale from a westerners perspective. People come to this curio to offload suitable items they wish to get rid of while other main curios are viewed as more structured and professional. We plan to make a stall that people can come and sell their stuff instantly for a fair price and in the meantime selling the stuff on our various outlets as mentioned above. We will get a range of valuable and less valuable things but people are interested in buying all sorts of things at this curio. More valuable things will be kept until we decide the most profitable way to sell them while less valuable things will be sold on the stall.
Creating a website for more valuable antiques to reach a worldwide market
More valuable antiques will be sold online on our website. It will also accept Samsara Coin. This is the best way to reach dealers and enthousiasts worldwide who can/will often pay a higher price than those in china.
Expansion into Beijing Curio
the Beijing Curio is a lot more structured and is more like a shopping centre with shop areas inside. Our next route of expansion is to rent a shop space in here and sell more exclusive antiques. The Beijing Curio has more reach to tourists visiting china and provide an ideal market to sell some of the more interesting antiques we have sourced. The Zhengzhou Curio will still be operated and provide the source of most of our antiques unless we find alternative places to source.
Timescale
If all goes to plan we believe we will have generated enough revenue from Zhengzhou's stall to expand to Beijing in the 2nd year of operation.
Website will be created and running in the first 3 months of Business launch as it will take time to acquire valuable antiques to sell online. We will also create our own SMSR to fiat markets or find somewhere who can host them for us.
In the 3rd year of operations we hope to implement Samsara being accepted in our shop and stall with a promotion drive and also getting other merchants in the Curio's to accept the payment method.
Each business quarter we will re-asses our progress and chances for the coming quarter and year with a report which will be published online.
Costs
Samsara members going to china will fund their own travel and accommodation.
Startup – ICO funds Curio stall in zhengzhou monthly rent is roughly 0.4btc Website development/further mobile development and fiat exchange options – 4/5btc Sourcing antiques and being able to purchase them: depends on ICO preferrably 5btc+ the more we raise the more we can buy and sell. If whole 60btc is raised we could launch a beijing shop at start too but we acknowledge that is unlikely.
Development – expanding to beijing – Paid for by profits
Zhengzhou stall monthly rent 0.4btc Beijing monthly shop rental 1btc Continuing the sourcing of Antiques to sell – bank of 5btc+ avaliable at all times implementation of slick payment method using samsara (equipment and development) – 4btc Advertisement and incentives for others in curio and business to accept Samsara – 10btc
20% of monthly profits will also be used to support SMSR crypto markets we also hope to have/open SMSR/CNY and SMSR/USD markets avaliable too to support.
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pleased to give you a samsara roadmap graphic! later on today i will make a post explaining the business plan behind samsara in detail ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJ9PUQIM.png&t=665&c=PZyjeYiqecbULQ)
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..so Is there any launch time posted ?
launch as soon as ico finishes on sunday at 10am EST. i will add a countdown to the ann too Yeah, put your bitch scamming countdown clock! Woot woot! Be honest, it's more a countdown to see how successful your newest scam is gonna be. Must be proud, right? Anyhow, seeing as this is "Samsara," you mind sharing with everyone the previous iterations of your fucking stupid scams? this is the samsara team's first and only coin together. we have all had experience of being on coin teams before that havent worked in the end. so we are hoping to put all we learned from them and make a respectable coin that crypto can have some faith in. investment is optional but our long term goal is to create a sustainable business and economy around the coin. count down is now up on ann for when launch is and when the ico roughly ends
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..so Is there any launch time posted ?
launch as soon as ico finishes on sunday at 10am EST. i will add a countdown to the ann too
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Lol, "we want to create a business in china...." But i'm sure you are from east europe?
Same source and wallet layout of last ICO on yobit...TRANSF.
Coincidence?
Concidence number 1: Same wallet layout of last yobit ICO TRANS Coincidence number 2: Same source of last yobit ICO TRANS(just copy/past 2 file more) Coincidence number 3: SAME ICO AND PRICE OF DUB ICO (60 BTC at 150 satoshi, same as DUB)
So many coincidences.
what gives you the impression we are from eastern europe? team is based in uk, france and netherlands.... we did fork TRANS because it was similar to what we had in mind for our coin layout and we like qubit, we were a bit gutted they beat us to it but we are building on the code and adding masternodes for example soon. ico price was just to make sure there was enough for everyone who wanted involved and also most likely it will reduce the coin supply a little, so naturally making each coin worth more when market opens. i wasn't even aware of dub until you brought it up. we arent affiliated with any of these coins.
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First Qubit coin with Masternodes?
thats what we are aiming for, will probably end up sparking the creation of 2384294 qubit with masternodes clones ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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wallet screenshot: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9NhwZLO.png&t=665&c=zBXxg0CReEMONQ)
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