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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 30, 2014, 12:27:22 AM
Just fix the rate per BTC and don't limit investments. What is the problem?

(Like 50000 Crypti per BTC)  

Or is the "money supply" chosen before the IPO starts?

We had set initial distribution to 100 million in circulation. Because of this, we decided to go with an open investment phase. But you are right, if we did not have a set genesis block, we would have probably gone with a fixed rate that varied each week (to allow early investor bonuses). We have proposals for both types from the start and decided to go the other route.

Yes with a fixed number of coins in circulation there is no way to tell him how many coins he will get. Maybe he didn't understand that the supply was fixed.

Will there be a guide on how to invest with an escrow?

How is your investment in N2 and Qora?  TwinWinNerD
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 30, 2014, 12:25:34 AM

I am a little bit worried because there is no cap on invested money.

I am pretty happy to invest 1 BTC if the cap would be 100 BTC.
But without a cap and figures thrown around like 500 BTC, the situation looks different.

So I didnīt come to a final decision.

As I mentioned before, the cap is irrelevant for the most part. Yes, you will get a smaller amount strictly speaking in numbers terms, but the valuation of each coin will be higher due to the larger amount raised in the initial distribution which typically sets initial valuation.



That canīt be right.
In a couple of months nobody cares about how much was raised. Then only technology, community and adoption counts.
But it will be a big difference if I own 1% or 0.2%. Thatīs simple 5 times more.

But thatīs not the whole point. I donīt like it to not know how much percent I will get. So itīs investing in the dark.

If we set a 1 BTC limit per person and a 250 BTC cap with a ratio of X Crypti to Y BTC, there are a finite amount of spaces in the pre-sale launch to get in on the ground floor of Crypti. We want as many people as desire to do so to be able to be a part of this launch. We decided it would be best to let the market dictate how the pre-sale would unfold.



If you set a invest limit of 1 btc per person, why set another limit 250 BTC of fund raise. it could me 10BTC or 100BTC which depend on how much people interested.

you just pretending that not understand. You just want investors compete with each other and only you will be the winner.  
Its ok if thats your plan,  but please admit it. don't pretending plz
your pretending make feel bad for this project.


BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope new developers could work with him to carry out a fair project.  maybe you should have a look.
https://bitcointalk.org/index.php?topic=620518.0

Did you read the initial question that was posed? If so, you would have seen that the person bringing up the issue wanted to know the exact amount of Crypti he would get for his investment. The only way to do that would be to make a limit on investment amount AND total amount so that it could be divided up in order for each investor to know exactly how much they would get for the investment they were going to make. In essence, you would have to say that 1 BTC would get you 250,000 Crypti for instance, and then you would also have to say that because of this, and the fact that the max distribution is 75,000,000, we could sell 300 shares in the launch. 300 x 250,000 = 75,000,000. In order for someone to know exactly what they are going to get, this has to be the method used. That or you have to be willing to adjust the total amount being created in the genesis block based on how many units are sold, which then their stake fluctuates anyways because they might buy 2 shares, so 500,000, but then if we end up selling 500, their 500,000 is now much less of the total.

I don't want to discourage anyone from posting but please ensure you understand the conversation at hand and do your research prior to posting LordHavok. Also, please try to avoid being overly inflammatory for no reason at all.

If you are one of the DEv team, due to your simple minded, this project will be a joke.  i forgive you due to your less of knowledge. please check how N2 distributed.  

https://bitcointalk.org/index.php?topic=606233.0

can't believe you guys are not pretending to be simple minded. you guys axx  !!!!
123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 30, 2014, 12:16:52 AM

Quote

 We decided it would be best to let the market dictate how the pre-sale would unfold.

Translation:

We want to use whatever method gets us the most BTC upfront, becuz after the launch, the expen$e$ start and there is little income for us then


Agree,  


GreXX, admit you want most of the money raised before launch,   it's OK , totally legal.

but your pretending make me feel throw up.

very poor marketing already.

dev team count on money raised from IPO, instead of marketing cap grow after IPO from continuing development support and community build.
This is a  RED sign for this project.  very risky investment!!!
 

BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope any developers could work with him to carry out a fair project with strong active community.   maybe you should have a look and learn what  marketing is      https://bitcointalk.org/index.php?topic=620518.0

You could say all you said without promoting Kora, a Qora clone. Qora is and will be better than Kora. This is marketing  Tongue

I am gonna invest in this too and hope for the best

Off course Qora will be much better than Kora, i am one of the initial investor of Qora. and i own much more Qora than you. probably.    

Kora is  a copy of Qora, the only thing Kora do better is marketing.


124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 10:56:29 PM

Quote

 We decided it would be best to let the market dictate how the pre-sale would unfold.

Translation:

We want to use whatever method gets us the most BTC upfront, becuz after the launch, the expen$e$ start and there is little income for us then


Agree,  


GreXX, admit you want most of the money raised before launch,   it's OK , totally legal.

but your pretending make me feel throw up.

very poor marketing already.

dev team count on money raised from IPO, instead of marketing cap grow after IPO from continuing development support and community build.
This is a  RED sign for this project.  very risky investment!!!
 

BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope any developers could work with him to carry out a fair project with strong active community.   maybe you should have a look and learn what  marketing is      https://bitcointalk.org/index.php?topic=620518.0
125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 10:44:58 PM

I am a little bit worried because there is no cap on invested money.

I am pretty happy to invest 1 BTC if the cap would be 100 BTC.
But without a cap and figures thrown around like 500 BTC, the situation looks different.

So I didnīt come to a final decision.

As I mentioned before, the cap is irrelevant for the most part. Yes, you will get a smaller amount strictly speaking in numbers terms, but the valuation of each coin will be higher due to the larger amount raised in the initial distribution which typically sets initial valuation.



That canīt be right.
In a couple of months nobody cares about how much was raised. Then only technology, community and adoption counts.
But it will be a big difference if I own 1% or 0.2%. Thatīs simple 5 times more.

But thatīs not the whole point. I donīt like it to not know how much percent I will get. So itīs investing in the dark.

If we set a 1 BTC limit per person and a 250 BTC cap with a ratio of X Crypti to Y BTC, there are a finite amount of spaces in the pre-sale launch to get in on the ground floor of Crypti. We want as many people as desire to do so to be able to be a part of this launch. We decided it would be best to let the market dictate how the pre-sale would unfold.



If you set a invest limit of 1 btc per person, why set another limit 250 BTC of fund raise. it could me 10BTC or 100BTC which depend on how much people interested.

you just pretending that not understand. You just want investors compete with each other and only you will be the winner.  
Its ok if thats your plan,  but please admit it. don't pretending plz
your pretending make feel bad for this project.


BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope new developers could work with him to carry out a fair project.  maybe you should have a look.
https://bitcointalk.org/index.php?topic=620518.0
126  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 08:05:54 PM
希望会好起来,拭目以待 Roll Eyes
127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 07:48:25 PM
What were the parameters of the NXT launch? Was there a BTC limit on the launch? Was there a per investor limit on the launch? Or was it open ended?

One parameter I know that BCNext set for Nxt IPO was that the upper limit for each investor was 1 BTC.

BTC limit is the difference between NEM and Qora.    

NEM went to the moon. And Qora still don't have much trading volume.

Which went which route?

For me, limiting the amount of BTC per investor simply encourages gaming the system. Those who obey the rules are penalized by the 1 BTC cap, but those who choose otherwise will simply open up multiple wallets and send funds from several accounts to increase their stake. As I mentioned before, the only way to stop this practice is real world identity validation but I doubt most people on here want to send us drivers license or social security numbers!  Wink

We had quite a few discussions as I previously mentioned about how best to do this and we decided on leaving it open ended. That is something we voted on, came to a decision, and feel comfortable with.



I am not trying to fix anything, since i doubt you will listen voice from us.


PLZ remember : Do not fail to do good even if it's small; do not engage in evil even if it's small.
Your logic is like, since i can't be a perfect person, why should i bother to be a good person.


I think we are showing by our actions that we do listen and we want ideas and opinions from the community. It is of utmost importance to us.

If anyone has any ideas, please, bring them forward.

As per your quote at the bottom, i'm not sure I understand what you are referring to or how to respond to that.

U never heard of NEM and Qora?

NEM and qora both are 2nd generation coin with own renovation, the difference is that  NEM have fair distribution but Qora doesn't.  

NEM has 4000 users each own one share. There is still some sock puppets accounts,but it is in reasonable level.
Qora has no BTC limit at all. Several investor each of them own more than 3% of total coins.

Result is
NEM already reach 10000 btc cap level even before official launch. ( sell token on AE, Each token worth 2.5 btc)
Qora has only 4000 btc cap, and has much less buy order support.

If CRypti is a long term project, you should consider distribution structure before too late.

There is noway to do a pure perfect distribution. what we can do is to make it fair at a reasonable level.

 Do not fail to do good even if it's small; do not engage in evil even if it's small.
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 07:28:16 PM
What were the parameters of the NXT launch? Was there a BTC limit on the launch? Was there a per investor limit on the launch? Or was it open ended?

One parameter I know that BCNext set for Nxt IPO was that the upper limit for each investor was 1 BTC.

BTC limit is the difference between NEM and Qora.    

NEM went to the moon. And Qora still don't have much trading volume.

Which went which route?

For me, limiting the amount of BTC per investor simply encourages gaming the system. Those who obey the rules are penalized by the 1 BTC cap, but those who choose otherwise will simply open up multiple wallets and send funds from several accounts to increase their stake. As I mentioned before, the only way to stop this practice is real world identity validation but I doubt most people on here want to send us drivers license or social security numbers!  Wink

We had quite a few discussions as I previously mentioned about how best to do this and we decided on leaving it open ended. That is something we voted on, came to a decision, and feel comfortable with.



I am not trying to fix anything, since i doubt you will listen voice from us.


PLZ remember : Do not fail to do good even if it's small; do not engage in evil even if it's small.
Your logic is like, since i can't be a perfect person, why should i bother to be a good person.
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 06:41:48 PM
What were the parameters of the NXT launch? Was there a BTC limit on the launch? Was there a per investor limit on the launch? Or was it open ended?

One parameter I know that BCNext set for Nxt IPO was that the upper limit for each investor was 1 BTC.

BTC limit is the difference between NEM and Qora.     

NEM went to the moon. And Qora still don't have much trading volume.
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 06:28:22 PM
and one more thing make your project looks bad. If you have a goal of 500 btc, That's  a lot of money and investor can't trust you because you may do unethical things to reach the goal (such as invest to yourself).  

PS:
Getting upset and threaten people, Good marketing!!!

As per 500BTC, again it's not the final goal and we will be happy with any combination below it.

Finally, as per GreXX post the only "threat" that he meant (if it can be called that) that we will be forced to moderate the thread, if a hard to read font will be used. I don't really see him being "upset" anywhere, and it actually was first introduced by your post...

I didn't read the announcement till now.  I argue with GreXX only because some other people called him greedy, and he picked up on me.

and i never called him greedy directly.

He got upset  and pick up on me and pissed me off. that all what happened!!!

I am not even interested in this project(unsure how the name spelling), just no idea how be involved in all of this drama.


131  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 06:04:02 PM
央妈不是亲妈 Cry
132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 06:00:58 PM
Based on my understanding, if you collect under 100btc in IPO. investor will receive  (10%+9%)X0.75=14.25% of total coins.  You dev team will receive  85.75% of total coin plus 100 btc.  

Before you get more upset, explain this to us.

and one more thing make your project looks bad. If you have a goal of 500 btc, That's  a lot of money and investor can't trust you because you may do unethical things to reach the goal (such as invest to yourself).  

PS:
Getting upset and threaten people, Good marketing!!!


133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 05:41:21 PM

Don't invest if you think its not fair. its free market. you should take care of your own money.  

You can't control developers.They set the rules, some of them are greedy . If you want give money to them, thats totally up to you. don't blame dev team.
 Nobody would guarantee investor's profit,think with your own brain before move.    BTW , I can smell your honey.
I won't involved because the the dev team  is too greedy and the unknown escrow with no credit in crypto currency community.


Based on the font size and color of this post, I feel as though this is a little bit immature in nature, but as is my policy, I will still try to respond in the event that you might be serious.

For starters, you make a point that I think is relevant, everyone is responsible for their own money and it is their internal decision how they choose to invest it. This goes back to one of my recent posts. As you said, we cannot guarantee investor profits and there is no feasible way anyone could do that.

As per the second part of your statement where you went off a cliff;

The honey comment is an entertaining one and I laughed a little bit so I appreciate that. If you believe we are greedy that is OK. Thank you for having an opinion on the matter but next time, please don't voice it so boisterously on our thread. 20 font in red is a little bit overboard don't you think?

As per the unknown escrow part, are you sure you want to say that? Maxmint is a very well respected and well known escrow on these boards and has done quite a few high profile launches. Your ill-informed comment here makes your entire post much less reputable and much more trolly in nature.

Again, please continue to post your thoughts and ideas here, but please do not do it in Red, 20 font or we will have problems. Thanks!



Fine , due to your upset, i take your advise and won't use bold front.  
but, why you so upset?  Interesting!

and you are trying to threaten me,how mature you are! and it makes your entire post much less reputable and looks like a scamer

134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 05:22:15 PM
15% to go into your pocket and 10% for development ?   why so greedy ?

And why don't you just invest your BTC at the IPO to get stakes ? (How would we know if you didn't invest another 100BTC and got a final balance of 50% of the total coins? )

I really don't understand why everyone keeps throwing out the word greedy. As an investor, you are being rewarded with stake in the currency at the early stages for your support of future development. But, the current developers are responsible for ALL current development up to this point on their own dime. I think the people who put in the sweat and tears to make this thing a reality deserve some credit here. Without the development team, nothing exists.

Greed on our part isn't the issue here. Asking us to work for months for free with no compensation so that you can profit off of a product we created is greed. I don't think there is any stronger definition of the word. If you think the amount we are holding back for payment is too high, I understand your complaint and disagree.

I'm not trying to be offensive here and I have been very patient, but at this point my answer is simply this; If you disagree with the distribution model, which we have been very open to adjusting and are doing so based on community feedback, then walk. We can't please everyone, we are happy with where we are at, and if 1 or 2 possible investors have to walk for us to launch in the way that we think is equitable, then I guess that is the reality.

We have discussed the distribution ad nauseam in this thread already and explained our reasoning behind the numbers we chose. I also recently posted an update to how we will be scaling the 10% amount based on BTC earned. I think that is as far as we are willing and able to budge on this matter and I think it is a good compromise.

As per your other note, we didn't make it a binding rule that a developer couldn't invest in the launch as far as I know. I wish I had 100 BTC sitting around to invest in anything, lol. I personally have chosen not to invest anything additional because I don't want the coin to end up in the hands of a small number of people and also because I don't have extra holdings right now to put towards the launch. That being said, I can't control anyone else's actions and they will have to speak for themselves.

I totally agree with greXX, get involved or not, it totally up to you.  nobody but yourself should responsable for your investment.
And, somebody here should pay for your tuition on your investment.
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release June | 100% POS | New Source on: June 29, 2014, 05:00:56 PM
from here https://bitcointalk.org/index.php?topic=654463.msg7572817#msg7572817 , we can see that

0 BTC = 10%
50 BTC = 9%
100 BTC = 8%
150 BTC = 7%
200 BTC = 6%
250 BTC = 5%
300 BTC = 4%
350 BTC = 3%
400 BTC = 2%
450 BTC = 1%
500 BTC = 0%

guys, do you think this coin is value 500 BTC , or more.    If the final BTC is more than 500 BTC , how can you ensure the investor profit ?

each coin should limit the IPO amount .you just take care of you coin team , but careless the investor , we must be careful .

Its a only a software , but you want too much.


Don't invest if you think its not fair. its free market. you should take care of your own money.  

You can't control developers.They set the rules, some of them are greedy . If you want give money to them, thats totally up to you. don't blame dev team.
 Nobody would guarantee investor's profit,think with your own brain before move.    BTW , I can smell your honey.
I won't involved because the the dev team  is too greedy and the unknown escrow with no credit in crypto currency community.
136  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 09:56:31 AM
钱不好赚,求人带****
137  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 06:23:15 AM
希望如此,借你吉言 Tongue
138  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 04:11:13 AM
楼主还真是会讨喜,蒙对了显得很牛13,蒙错了帖子不知道沉哪儿去了也没人追究,呵呵
139  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 29, 2014, 12:58:14 AM
我理解。。。。
140  Local / 媒体 / Re: 丝绸之路事件始末:从黑市到比特币被拍卖 on: June 28, 2014, 08:54:29 PM
今晚又可以添块肉了 Tongue
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