ok, reading, got bored half way through, too much text, so you are saying that you have $1,000,000 in gems to back this coin? All coins backed by "something" is just hot air as long as the asset is not in a proper Escrow. The structure of the investment rounds sounds a lot like the scam of PayCoin. Mysterious private investors etc...
I would be cautious about this one
Sorry you got bored reading the op. I put alot of work into it, so I hope that you will at least follow our progress. Yes we have set aside $1M in Diamonds, Gems, Sapphires, Ruby's, Gallery Artwork, etc that will all be available in exchange for BST in our BitStone Store day 1 of launch.
I take it there will be a store set up where I can go and spend my bst? I like the idea, just a lot to read.
Yes, we will have the first BST store OPEN on Day 1 of launch.
Pretty diamonds, I will deff keep following this one. Could get interesting. What if they really have the gems to back it?
Thanks for the support. We do have enough tangible assets required to back BST as a crypto currency.
Pretty sure he isn't in the office right now, but he does plan to release a small video explaining his role as CEO, and what his plans are. That interview will be released soon. Store and Personal Contact numbers will be supplied to the community before we launch.
Wow, this is hilarious. You wasted far too much time on that OP for this bunch of bullshit...
Please read the thread, I have asked that there not be any negativity in this PRE-ANN.
Crowfund?
How much will be for crowfund and how much for mining?
This asking for money is a bit boring.
There will be 3 Phases to the Crowdfunding. The BitcoinTalk Phase actually is rewarding you an Emerald sent right to your address of choice valued at over $170 USD. We will give back to the community and show that we mean business by offering major incentives and giveaways during these funding rounds. Please continue to follow us as development progresses. Mining period will last one month, and account for approximately 90K BST that will be exchangeable for Diamonds, Emeralds, Gems, Etc day 1 of Store opening.
I'll be watching this primarily to see how the BitStone team goes through the invitational stage with minimum 50BTC per investor. Will the investors be publicized, private, or given the choice? If this invitational period is truly being held as a way to set price discovery based on demand, what is your plan to proceed if no interested investors choose to pony up 50BTC?
I know nothing about the precious gems market and thus won't be investing in the ICO myself, but I may attempt a mining play if it's worthwhile.
Good luck to the BitStone team.
Thanks for your support. We have been in the beginning stages of development for many months, and have passed the word along to many investors that the team deals with on a daily basis. Working in the precious metals market, you rarely come across guys that aren't interested in other investments. I can comment and say there is interest in this funding round from outside investors, and everything will be laid out and transparent for the community. Look forward to you sticking around and potentially mining some BST. We will be looking for Miners to actually make their first appearances to the BitStone Store - and allow miners to exchange their BST for Precious Gems, Diamonds, Emeralds, Artwork, Etc. Maybe I can invite OcMiner, you think he would make an appearance to support our new project?
Nice. Dev already started to delete posts in the thread.
Please respect what I asked in the bottom of the OP. We are open to peoples opinions, but eye sore post such as the one you made WILL NOT be tolerated, and will be DELETED.
