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Author Topic: [ANN] [R3D] NEW UPDATES COMING SOON  (Read 66301 times)
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September 01, 2015, 07:02:21 PM
 #601

I understand, it would take a group consensus but how hard could it be?  There's like what 25 people invested right now?  Just saying.

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September 01, 2015, 07:05:54 PM
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I understand, it would take a group consensus but how hard could it be?  There's like what 25 people invested right now?  Just saying.

i don't think that bittrex has the infrastructure to do it tbh, it seems that these cfc/ico's are basically an afterthought to them (it doesn't even show the closing date/time as someone else pointed out), i think they would be better off seeing what happens, then pivoting from there.. if they decide to allow public investing again however they decide to do it, the people who are interested would be able to do it at that time, perhaps they will be interested in talking about terms and stuff at that point or what their plans are

don't get me wrong... im all for group consensus, i just don't think that is how it can work on bittrex

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September 01, 2015, 07:11:28 PM
 #603

I understand, it would take a group consensus but how hard could it be?  There's like what 25 people invested right now?  Just saying.

i don't think that bittrex has the infrastructure to do it tbh, it seems that these cfc/ico's are basically an afterthought to them (it doesn't even show the closing date/time as someone else pointed out), i think they would be better off seeing what happens, then pivoting from there.. if they decide to allow public investing again however they decide to do it, the people who are interested would be able to do it at that time, perhaps they will be interested in talking about terms and stuff at that point or what their plans are

don't get me wrong... im all for group consensus, i just don't think that is how it can work on bittrex


Yeah, I'm sure you're right.   May get lucky and see a large investor take a bite.

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September 01, 2015, 07:45:46 PM
 #604

Thanks, for me it is way overpriced.

0.00000100btc = $0.0002281usd

yes, you read that right people... not 1/5th of a cent 1/50th of a cent.

lol!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Yeah, even when rest of the coins are burned, there are minimum of somewhat 800bct -> 800,000,000.00000000 coins around minus bittrex fees. So it needs a pretty high marcet cap to keep the price up there. Hopefully it does have what it takes.

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September 02, 2015, 12:48:49 AM
 #605

i was telling crew there should be also off-bittrex way to buy the coins for those who ie dont use this exchange Wink

anyways R3D is a decent project, it deserves to be live

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September 02, 2015, 02:24:00 AM
 #606

Only ~ 35BTC is sold now.

INVALID BBCODE: close of unopened tag in table (1)
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September 02, 2015, 02:29:32 AM
 #607

My coin MAPC passed ICO, we burned nonsold coins and raised money to investors this way. I suggest you the same.
Instead of 800BTC you will have like 1200BTC in coins after burning and raising price.

If you keep it smart and not lie to investors - everybody profits.

Think about burning.

i can rent this1
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September 02, 2015, 04:30:24 AM
 #608


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September 02, 2015, 06:35:35 AM
 #609

what happens to the unsold coins? are they burned?

Yes. The only R3D that will ever be in circulation will be what is sold during the CFC (assuming we reach our minimum of 800,000,000 R3D sold). No new R3D will ever be created.



I am confused. So if the CFC doesn't sell out... all the BTC gets returned and the project never happens?



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September 02, 2015, 06:37:35 AM
 #610

what happens to the unsold coins? are they burned?

Yes. The only R3D that will ever be in circulation will be what is sold during the CFC (assuming we reach our minimum of 800,000,000 R3D sold). No new R3D will ever be created.



I am confused. So if the CFC doesn't sell out... all the BTC gets returned and the project never happens?




yup, if it does not hit 800BTC, all the BTC is refunded.

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September 02, 2015, 06:39:26 AM
 #611

what happens to the unsold coins? are they burned?

Yes. The only R3D that will ever be in circulation will be what is sold during the CFC (assuming we reach our minimum of 800,000,000 R3D sold). No new R3D will ever be created.



I am confused. So if the CFC doesn't sell out... all the BTC gets returned and the project never happens?




The project will happen, that's for certain.  We're working too hard, and believe too strongly in what we're doing.  If we don't meet the minimum for the CFC at Bittrex, we have an alternative solution which will go into effect directly following it most likely.  We're just working the details out.

     Best regards,

syntaks
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September 02, 2015, 06:51:14 AM
 #612

what happens to the unsold coins? are they burned?

Yes. The only R3D that will ever be in circulation will be what is sold during the CFC (assuming we reach our minimum of 800,000,000 R3D sold). No new R3D will ever be created.



I am confused. So if the CFC doesn't sell out... all the BTC gets returned and the project never happens?




yup, if it does not hit 800BTC, all the BTC is refunded.



Every single crypto CFC/ICO that has raised over 800BTC has performed either the marketing scam or the bubble scam. They basically give away coins to news outlets, give coins to conference managers so they can speak at conferences, sell coins for cheap to insiders and/or take out loans with high interest.

If you look at every single big CFC you will notice a substantial premine that isn't part of the CFC.

Ethereum 12%
Factom 50%
Augur 18%
GEMZ 20%




I commend syntax for not going the route described above. It's too bad that the top news magazines refuse to support good projects like this just because they won't pay for articles.

Stay strong. The good honest people will win in the end.



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September 02, 2015, 01:25:25 PM
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Every single crypto CFC/ICO that has raised over 800BTC has performed either the marketing scam or the bubble scam. They basically give away coins to news outlets, give coins to conference managers so they can speak at conferences, sell coins for cheap to insiders and/or take out loans with high interest.

If you look at every single big CFC you will notice a substantial premine that isn't part of the CFC.

Ethereum 12%
Factom 50%
Augur 18%
GEMZ 20%




I commend syntax for not going the route described above. It's too bad that the top news magazines refuse to support good projects like this just because they won't pay for articles.

Stay strong. The good honest people will win in the end.

yes.. it also lets them have some of their own coins (a significant amount of them) without costing them anything, and if the 'value' goes up they can sell them easily as well...

you are right about the """""""""""""""""""""""""news""""""""""""""""""""""""" sites tho, crypto """""""""""""""""""""""""news""""""""""""""""""""""""" is a huge joke, tho news shoudn't even be the word for any of what trash they publish, since its nearly always under researched (or better yet not researched at all) or op ed under the guise of a news story, and usually for money (i'm sure everyone remembers the whole gaw bullshit)

https://twitter.com/Steven_McKie/status/638798546481868800 for a good example Tongue

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September 02, 2015, 02:49:13 PM
 #614



journalism standards and ethics at their very best

just wanted to keep that for posterity sake.

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September 02, 2015, 05:58:59 PM
 #615

lol who is that guy?  That shit eating grin, like he's ready for some D sucking.  Probably uses it a lot for that reason.   Just another jobless troll thinking they are going to be the next big analyst in San Francisco lol.  You and the other zillion jobless bloggers out here in SF.  LOL

I love how people brag about working for apple or facebook here in SF!  Makes them look retarded, I met a personal trainer who also brags about working at google hahaha makes me crack up.

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September 02, 2015, 06:12:07 PM
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lol who is that guy?  That shit eating grin, like he's ready for some D sucking.  Probably uses it a lot for that reason.   Just another jobless troll thinking they are going to be the next big analyst in San Francisco lol.  You and the other zillion jobless bloggers out here in SF.  LOL

I love how people brag about working for apple or facebook here in SF!  Makes them look retarded, I met a personal trainer who also brags about working at google hahaha makes me crack up.

the ironic thing about it is he works for bitcoinist magazine.........
talk about journalistic ethics and integrity

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September 02, 2015, 06:19:12 PM
 #617

Hi guys

Reading the OP now like 10 times, but have to ask what it is in here that cost 4000 BTC to develop, or even 800 BTC as you so kindly can do with ?

Many coins already claimed or have many of the ideas so once again what takes 4000 BTC to develop here..

THIS is no FUD I might invest in it if I get good answers, but for me this is like draining the market for things that can be develop for much less money. please correct me with good information.
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September 02, 2015, 06:22:42 PM
 #618

Hi guys

Reading the OP now like 10 times, but have to ask what it is in here that cost 4000 BTC to develop, or even 800 BTC as you so kindly can do with ?

Many coins already claimed or have many of the ideas so once again what takes 4000 BTC to develop here..

THIS is no FUD I might invest in it if I get good answers, but for me this is like draining the market for things that can be develop for much less money. please correct me with good information.

Excellent question. Devs?

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September 02, 2015, 06:33:56 PM
 #619

Hi guys

Reading the OP now like 10 times, but have to ask what it is in here that cost 4000 BTC to develop, or even 800 BTC as you so kindly can do with ?

Many coins already claimed or have many of the ideas so once again what takes 4000 BTC to develop here..

THIS is no FUD I might invest in it if I get good answers, but for me this is like draining the market for things that can be develop for much less money. please correct me with good information.

quite simply that is what they feel their time is worth, maybe they can give you an answer that you might like more. as far as what other coins 'claim' or 'have ideas of' is no relevance in my opinion if they can develop something that spurs competition. imagine if there was only one news site, or one tv station, or one isp, or one brand of beer... when has diversity and choice become a negative thing?

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September 02, 2015, 06:36:57 PM
 #620

Hi guys

Reading the OP now like 10 times, but have to ask what it is in here that cost 4000 BTC to develop, or even 800 BTC as you so kindly can do with ?

Many coins already claimed or have many of the ideas so once again what takes 4000 BTC to develop here..

THIS is no FUD I might invest in it if I get good answers, but for me this is like draining the market for things that can be develop for much less money. please correct me with good information.

Hi flubber and thank you for the question. It's been brought up multiple times and we have answered it, but at 32 pages now, some posts have gotten buried in the thread.

Please see these 2 posts I've made to help answer your question.

https://bitcointalk.org/index.php?topic=1141617.msg12276783#msg12276783

https://bitcointalk.org/index.php?topic=1141617.msg12228712#msg12228712

I'm not sure what other coins have "claimed" to have made or not, but what we have outlined in the ANN is what has already been completed in the core code. Those things listed on the roadmap are features for us to continue coding and testing prior to their potential addition to the core code in the future.
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