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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | EXT. LAST TIME 1 WEEK TIL 12/10 @ 23:59 on: December 04, 2014, 02:55:32 AM
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

Yes, Its quite simple.The more btc put in the less lucrative it is for a investor as there will be more coins in circulation than burned.

As the price is fixed I would rather wait for the last day of the crowdsale to invest than have to keep my btc hostage for weeks.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | EXT. LAST TIME 1 WEEK TIL 12/10 @ 23:59 on: December 04, 2014, 02:51:17 AM
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for

+100
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | EXT. LAST TIME 1 WEEK TIL 12/10 @ 23:59 on: December 04, 2014, 02:50:11 AM
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!

Yeah greedy dev  Angry

Okay 50 BTC at $380 a coin is $19k. Let's call it $20k.

Dev projected several months for the project, let's say he works 40 hours a week for 6 months, or 960 hours. That's $20.83 an hour with no benefits.

Wait, maybe the dev isn't being greedy; maybe we're just supporting low paid labor Tongue

What is the point of minimum 25 btc for the crowdfund to be a success?

If 50 btc is not enough to sustain the project then the crowd fund should be deemed a failure and the coins refunded.

44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | EXT. LAST TIME 1 WEEK TIL 12/10 @ 23:59 on: December 04, 2014, 02:43:38 AM
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | EXT. LAST TIME 1 WEEK TIL 12/10 @ 23:59 on: December 04, 2014, 02:27:44 AM
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: $XAI Sapience AIFX - Decentralized AI | Brain on Blockchain! *LAST DAY til 12am* on: December 04, 2014, 01:42:12 AM
I think its best not to change any initial crowd fund terms and conditions.
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 26, 2014, 05:51:56 PM
https://www.youtube.com/watch?v=ieTIr71Sb3c
http://youtu.be/m0w4MdMhpr4

Looking good.

Patience is the key my friends.
The current prices do not reflect the correct valuation of this project.This is just the beginning.Demo wallet will be out very soon , then advertising will kick in and so much to look forward to after that.

...
 So in short, you can expect a new site, giveaways, whitepaper, FAQ, interviews, hosted wallet downloads, and much more very soon. We are working as a team everyday to make these goals possible.

Looking forward to more in depth info about the pegging, marketing strategies and plan for entry into the real world market via Alibaba contacts , in the upcoming whitepaper and interviews.This is what makes it apart from every other coin out there.    


Also those too lazy to go through the whole thread just keep checking the dev's posts for the latest updates
https://bitcointalk.org/index.php?action=profile;u=234208;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=390959;sa=showPosts  


48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 05:00:38 PM
Pushing up towards 3 now. My guess is 4 - 5 within 24 hrs.   last chance if anyone wants that low hanging fruit at 028.  Cool

Yeep. Not much resistance on the orderbook. Only a matter of time
Yes, buying anything under 300 sat is a no-brainer . Coins won't remain this cheap for long.

Already got all the coins I can for cheap Wink Not selling until 900 at least

That's the spirit. The fundamentals are strong here .We have an impressive team and a well set out plan with crazy risk to reward potential here .We keep lurking around in crypto space to find and take advantage of such opportunities ,sure we do get burned from scams on occasion but one good pick can make all the difference.Lets hope this is one of those good picks.Wink  
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 04:31:07 PM
Pushing up towards 3 now. My guess is 4 - 5 within 24 hrs.   last chance if anyone wants that low hanging fruit at 028.  Cool

Yeep. Not much resistance on the orderbook. Only a matter of time
Yes, buying anything under 300 sat is a no-brainer . Coins won't remain this cheap for long.
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 04:21:03 PM
Don't give in to the fud and fakeouts.

This is going to be a wild ride!





Image courtesy @AngeloBTC
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: November 16, 2014, 04:06:52 PM
Damn another good coin becomes victim to the whims of ruthless pumping and dumping sharks.
Had 'high' hopes for it but am afraid it will soon be lost to oblivion. Getting real world adoption and pegging parity is FAR more difficult to achieve than one might think.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|ICO LIVE on Bter on: November 16, 2014, 04:04:16 AM
...
Prior to that, there will be a Smart Contracts wallet release VERY SOON. We are nailing down the final details, GUI, and coin testing just after initial distribution.
Nice. Can't wait to fiddle around with some of the smart contract features.
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 03:39:08 AM
Also keep in mind its late Saturday Night/early Sunday morning in most parts of Asia so trading volume will be less and quite easy to manipulate the thin market on bter. Let the noobs panic and just enjoy your weekend. Wink
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 03:08:06 AM
Is BTER down for you guys too?
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 02:34:04 AM
I for one do not believe a word dotcoin.info has to say. He even called out bitshares a scam which is one of the most legit projects out there. lol

Chinese pumper are biggest holder right now.

now they are going to dump their holdings to noobs.

everyone know the design flaw, that is time bomb.
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: November 16, 2014, 01:44:26 AM
Could somebody try to explain to me why oh why would anybody sell so low after getting in on the ICO for at least 250sat?
My head is about to explode from trying to reason that. I know, panic sellers, but that doesn't explain the shear stupidity!


Simple, huge hands pushing the price down (creating panic because there are enough idiots out there) with small orders while accumulating from panic sellers...



^This guy gets it. Wink
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|ICO LIVE on Bter on: November 12, 2014, 06:02:42 PM
Went through the last threads and i have become more confident now .Thanks dzimbeck for your insight.

The thing is if the project is legit and the bitbay team delivers even half of what it has envisioned then this could easily break into the top 5 coins list.

Lets look at the top coins in market cap after bitcoin.
(These are just my opinions)

Ripple is a scam with artificially bloated market cap.

Litecoin- Just look at the charts it is well past its "silver to the bitcoin hype".Not much developing happening.

BitShares is in a critical phase of transition with major rebranding and lots of changes happening .The Chinese money is fleeing away now with all the uncertainty and confusion about what bitshares is actually supposed to be.They are even trying to redefine and modify the meaning of DAC , a term they themselves coined.Its a good project for the long term but for now it may go further down until things get resolved.  

Dogecoin-Well it had the community effect ,its past its hype and will not be adopted by serious institutions.

NXT- They are having some good developments but they'll be stuck with the tag of having an ipo with very uneven distribution. Whenever it tries to rise in price an early adopter relieves his large bag and spoils the party.

The point being the top altcoin post is there for the taking and Bitbay can be a serious contender for it. It has all things going for it may it be branding or chinese backing,top developer and the great plans to look forward to.

For me personally the secret sauce is nubits like pegging.If they can pull it off and successfully peg close to a dollar or equivalent renminbi well then it makes one hell of an investment for the ico buyers and a stable easily usable currency for the masses.(Easier said than done)

Considering the risk to reward to ratio here I am buying into the ico but just with money I can afford to lose.
Am a BitBayer now and wish Bitbay Team all the best Smiley

 



 
  
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|ICO LIVE on Bter on: November 12, 2014, 02:45:15 PM
The least BTER should do imo is to release the funds after the meeting, in which the BitBay team member proves his identity to David so there is at least some sort of proof.
+1
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|ICO LIVE on Bter on: November 12, 2014, 02:39:12 PM
Okay so we know that David Zimbeck has been contracted as the lead Dev but what about other members of the team?

                     

David Zimbeck has an excellent reputation which was enough for me.
As for other team members I don't know but David is the head guy
and I seriously doubt he would get involved in anything that wasn't
genuine.

Question is not about about David and his excellent developing reputation .The question is who should be held accountable for the whole project. Don't u find it odd not even a single other identity has been revealed. What's stopping them from piggybacking on David's reputation and fool him and the investors to pull off a great con.Just trying to be vigilant here.     
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|ICO LIVE on Bter on: November 12, 2014, 01:57:50 PM
Okay so we know that David Zimbeck has been contracted as the lead Dev but what about other members of the team?

You should give us identities of those responsible for the project.More transparency is warranted when doing a 3000 btc ICO.

Whats stopping you from just running away with the funds? We won't even know who to point fingers at if it happens! What's the incentive for further developing the project once you get the btc?

I am really interested in the project but you have to understand my skepticism.There are rampant scams all around us and one should rather be overly cautious than greedy.Hope you will do well to prove the legitimacy of the project and deliver us with the goods.



 

                     
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