[ANN] [R3D] NEW UPDATES COMING SOON

[o48o]

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.

[kingscrown]

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

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

[lin0sspice]

Only ~ 35BTC is sold now.

[thimo]

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.

[goldengatesgreenest.com]

[fartbags]

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?

[goldengatesgreenest.com]

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.

[twoturtles]

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

[fartbags]

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.

[yak]

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

[yak]

journalism standards and ethics at their very best

just wanted to keep that for posterity sake.

[goldengatesgreenest.com]

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.

[yak]

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

[flubber]

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.

[sana54210]

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?

[yak]

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?

[stoner19]

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.

[opossum]

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.

Your answer is a little vague, both to flubber and the two posts you steer him towards. No breakdown of specific challenges & budgeted resources for the exact task. All very well and good to say i am gonna put some guy on the payroll. But that doesn't get you very far in a real world financing round. Why do you think that should suffice here?

[yak]

Your answer is a little vague, both to flubber and the two posts you steer him towards. No breakdown of specific challenges & budgeted resources for the exact task. All very well and good to say i am gonna put some guy on the payroll. But that doesn't get you very far in a real world financing round. Why do you think that should suffice here?

how many thousands(millions?) of dollars are you thinking about investing into r3d?

[wlefever]

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.

Your answer is a little vague, both to flubber and the two posts you steer him towards. No breakdown of specific challenges & budgeted resources for the exact task. All very well and good to say i am gonna put some guy on the payroll. But that doesn't get you very far in a real world financing round. Why do you think that should suffice here?

I think this is fair to ask for more detail on how the funds will be utilized.  A proper breakdown of anticipated manhours spent on the project, and how much you think that warrants as far as a salary.  Timeline on how many developers you anticipate, and at what stages, as well as feature roll outs, etc.  I find the project intriguing, but with ICO there is always skepticsm when dealing with that amount of BTC in funding.