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rtrtcrypto
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July 19, 2016, 06:36:31 PM |
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We are "selling" at a discounted rate (but we don't seem to be able to see what rate).
Without more information I think this is pretty hopeless. Edited to reflect new info: BIG DEAL = DONATION So we are donating funds to these companies? There are two large "players" we don't know what they are (companies? VC firms? etc etc) looking to enter IOTA in a big way - this deal is for "them". That's all we are allowed to know at this stage as far as I can tell. No one but David (and team) know... we won't be told WHO the players are. I hope at least we get a clarification on the exchange rate. I'm personally focused on getting the foundation funded at this stage. Will pay attention to bigdeal after foundation is settled. I honestly don't know what the big deal is and that website - or the forum post it links to - doesn't really give any explanation.
What do you mean players? There is zero information about what the money will be used for from the links given. |
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iotatoken
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July 19, 2016, 06:39:26 PM |
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IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
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Scott J
Legendary
 Offline
Activity: 1792
Merit: 1000
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July 19, 2016, 06:42:48 PM |
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Agreed - some of what you have helpfully explained isn't even linked from the donation page. @iotatoken - can you update the website to give as much information as possible? Someone new to this would have no idea what it is about. We are "selling" at a discounted rate (but we don't seem to be able to see what rate). Without more information I think this is pretty hopeless. So we are donating funds to these companies? There are two large "players" we don't know what they are (companies? VC firms? etc etc) looking to enter IOTA in a big way - this deal is for "them". That's all we are allowed to know at this stage as far as I can tell. No one but David (and team) know... we won't be told WHO the players are. I hope at least we get a clarification on the exchange rate. I'm personally focused on getting the foundation funded at this stage. Will pay attention to bigdeal after foundation is settled. I honestly don't know what the big deal is and that website - or the forum post it links to - doesn't really give any explanation.
What do you mean players? There is zero information about what the money will be used for from the links given. |
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1010
Newbie
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July 19, 2016, 08:52:56 PM
Last edit: July 19, 2016, 11:07:34 PM by Come-from-Beyond |
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The "get out of jail free" card for the devs will be its the communities fault for not donating enough and they walk away with no repercussions.
The devs could already walk away with no repercussions if they wanted. Iota is released, the purchased product is delivered. So, what chain of reasoning led to those words of yours? |
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randombit
Legendary
Offline
Activity: 1447
Merit: 1028
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July 19, 2016, 10:43:16 PM |
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Could we stay more constructive please, Scott?!.
And please stop this abortion mother father bla blaaa,, all of ya. This is not professional. thanks! You should consider that a lot of other people reading this (yes unbelievable, right?),believe me btt is no hidden place anymore, thanks.
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whatisbitcoin2016
Newbie
Offline
Activity: 30
Merit: 0
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July 19, 2016, 11:35:58 PM |
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IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
When and why did this change from a favored rate sale to a donation? |
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mrkavasaki
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July 19, 2016, 11:36:38 PM |
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what is the current usd marketcap of iotatokens?
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iotatoken
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July 20, 2016, 12:43:07 AM |
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IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
When and why did this change from a favored rate sale to a donation? It's still a sale, but all proceeds go to foundation. The reason is quite simple: we don't have time time to differentiate 10s or hundreds of different people's requests, what rate they want to sell at, which want to forward to foundation and not etc. would take weeks |
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whatisbitcoin2016
Newbie
Offline
Activity: 30
Merit: 0
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July 20, 2016, 12:50:32 AM |
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IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
When and why did this change from a favored rate sale to a donation? It's still a sale, but all proceeds go to foundation. The reason is quite simple: we don't have time time to differentiate 10s or hundreds of different people's requests, what rate they want to sell at, which want to forward to foundation and not etc. would take weeks Sounds like a detailed writeup regarding the specifics of this deal is soon needed (respecting NDA's or whatever), imo. Frankly it is clear as mud and to expecting another 83 Tiota, within a week no less, that will need to be resolved hastily. |
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_mr_e
Legendary
Offline
Activity: 817
Merit: 1000
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July 20, 2016, 01:00:39 AM |
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My up to date sale amounts:
111,181,240,000.00 @ 1 btc cc001
333,543,720,000.00 @ 3btc schnib (twinwinnerd)
222,362,480,000.00 @ 2btc Metaphilibert
111,181,240,000.00 @ 1 btc Yeash20
333,543,720,000.00 @ 3 btc arjen01 PAID
166,771,860,000.00 @ 1.5btc MoneyTeam
11,118,124,000.00 @ 0.1btc tk88one
138,976,550,000.00 @ 1.25 btc proto
22,236,248,000.00 @ 0.2 btc adam9910
222,362,480,000.00 @ 2 btc Dexter12
8,894,499,200,000.00 @ 80 Btc bigiotabig PAID
55,590,620,000.00 @ 0.5 Btc Torn
111,181,240,000.00 @ 1 btc zzzman20
111,181,240,000.00 @ 1 btc transpotime21bus PAID
22,236,248,000 @ 0.2 btc adam9910
333,543,720,000.00 @ 3 btc ramsroyal (seccour)
222,362,480,000.00 @ 2 btc mr001 PAID
113,960,771,000 @ 1.025 btc braelis
544,788,076,000 @ 4.9 btc [anon] PAID
55,590,620,000 @ 0.5 btc SupZ
200G @ 2 btc hasseklas
240G. @ 2btc Olloman PAID
60G @ 0.5 btc dean (seccour) PAID
120G @ 1 btc Ratatosk (seccour) PAID
120G @ 1 btc ElitistCA (seccour)
600G @ 5 btc btcddev PAID
2700G. @ 22.5btc. Azeh PAID
I am now currently selling more IOTA at a rate of 55Gi / 1 BTC. Please contact me if interested!
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iotatoken
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July 20, 2016, 01:01:41 AM |
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IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
When and why did this change from a favored rate sale to a donation? It's still a sale, but all proceeds go to foundation. The reason is quite simple: we don't have time time to differentiate 10s or hundreds of different people's requests, what rate they want to sell at, which want to forward to foundation and not etc. would take weeks Sounds like a detailed writeup regarding the specifics of this deal is soon needed (respecting NDA's or whatever), imo. Frankly it is clear as mud and to expecting another 83 Tiota, within a week no less, that will need to be resolved hastily. Actually very little has changed. All of the primary issues remain the same. We have an old 'pledge sheet' of users who wanted to contribute to 'Big deal' of which almost everyone accepted 'whatever going rate' and eventually a huge portion said 'I want to forward my sale proceedings to the foundation', so for those people NOTHING has changed. Those who were looking for a big ROI would never have gotten it anyway, this deal is about bringing on board 2 key players for huge ROI, not get some random relatively useless ROI in terms of immediate profit. This is key to asian market, community need to choose. |
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rtrtcrypto
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July 20, 2016, 01:16:19 AM |
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I've decided to just go ahead and go with the flow: 1) will up my donation to foundation from its current 7.5% 2) will donate 3% to bigdeal (which is the amount that would be enough if everyone donated) Just want to go ahead and do my part and let the chips fall where they may. IOTA Big Deal donations will be considered that, donations (to foundation), because the labour involved in resolving those that donate and those that don't is too great.
If anyone has an issue with this and want their iotas back, speak now. The deal is not about ROI anyway, only about the big deal happening for IOTA's ecosystem
When and why did this change from a favored rate sale to a donation? It's still a sale, but all proceeds go to foundation. The reason is quite simple: we don't have time time to differentiate 10s or hundreds of different people's requests, what rate they want to sell at, which want to forward to foundation and not etc. would take weeks Sounds like a detailed writeup regarding the specifics of this deal is soon needed (respecting NDA's or whatever), imo. Frankly it is clear as mud and to expecting another 83 Tiota, within a week no less, that will need to be resolved hastily. Actually very little has changed. All of the primary issues remain the same. We have an old 'pledge sheet' of users who wanted to contribute to 'Big deal' of which almost everyone accepted 'whatever going rate' and eventually a huge portion said 'I want to forward my sale proceedings to the foundation', so for those people NOTHING has changed. Those who were looking for a big ROI would never have gotten it anyway, this deal is about bringing on board 2 key players for huge ROI, not get some random relatively useless ROI in terms of immediate profit. This is key to asian market, community need to choose. |
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moonfrog
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July 20, 2016, 01:32:35 AM |
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David's position is understable. He wishes success to IOTA and does whatever is necessary for it. Foundation and asian direction marketing (big deal) are important steps to survive in highly competitive IoT global market. Call for investors, defend your investments and donate as much as you can. Don't be passive and greedy as good as some NXT ancient whales and don't let die our IOTA baby! Too pathetic, I know but it is not my native tongue.  |
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IOTUSA
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July 20, 2016, 02:40:44 AM |
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I personally think that the teams approach is 100℅ valid and correct. Anyone that wants to sell their tokens can do so. If you believe that David and co. Has the future of IOTA as the #1 priority and that is the correct approachcan, you can donate and hold.
No one is forced to buy anything, and no one has lost any money on the software sale so far. And if you are concerned, I will buy ANY amount you want to sell at 5 x ICO price (ANY amount).
In the end stable owners, ecosystem, and a foundation that is equipped to make larger deals and commitments to business partners and projects is a value driver for all token holders that far outweigh the "cost" of a percentage of the tokens in this early stage.
Remember, we are dealing with bleeding edge crypto here. And if successful, we may see an ecosystem worthy of rivaling Bitcoin in a marker of significant size.
I personally support the team as I did when I took part in the sale.
My 5 IOTA
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IOTUSA
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July 20, 2016, 04:43:14 AM |
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My up to date sale amounts:
111,181,240,000.00 @ 1 btc cc001
333,543,720,000.00 @ 3btc schnib (twinwinnerd)
222,362,480,000.00 @ 2btc Metaphilibert
111,181,240,000.00 @ 1 btc Yeash20
333,543,720,000.00 @ 3 btc arjen01 PAID
166,771,860,000.00 @ 1.5btc MoneyTeam
11,118,124,000.00 @ 0.1btc tk88one
138,976,550,000.00 @ 1.25 btc proto
22,236,248,000.00 @ 0.2 btc adam9910
222,362,480,000.00 @ 2 btc Dexter12
8,894,499,200,000.00 @ 80 Btc bigiotabig PAID
55,590,620,000.00 @ 0.5 Btc Torn
111,181,240,000.00 @ 1 btc zzzman20
111,181,240,000.00 @ 1 btc transpotime21bus PAID
22,236,248,000 @ 0.2 btc adam9910
333,543,720,000.00 @ 3 btc ramsroyal (seccour)
222,362,480,000.00 @ 2 btc mr001 PAID
113,960,771,000 @ 1.025 btc braelis
544,788,076,000 @ 4.9 btc [anon] PAID
55,590,620,000 @ 0.5 btc SupZ
200G @ 2 btc hasseklas
240G. @ 2btc Olloman PAID
60G @ 0.5 btc dean (seccour) PAID
120G @ 1 btc Ratatosk (seccour) PAID
120G @ 1 btc ElitistCA (seccour)
600G @ 5 btc btcddev PAID
2700G. @ 22.5btc. Azeh PAID
I am now currently selling more IOTA at a rate of 55Gi / 1 BTC. Please contact me if interested!
I want to buy some after Foundation is set up, if it doesn't, many guys will not involve into this project like me since developer will make another project. Ok "Gary". I'll sell you exactly zero iota when you turn 14. |
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Scott J
Legendary
Offline
Activity: 1792
Merit: 1000
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July 20, 2016, 05:46:12 AM |
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Could we stay more constructive please, Scott?!. I believe it was constructive; Dom kindly updated the website to include more information. |
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Lyricz
Legendary
Offline
Activity: 1457
Merit: 1033
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July 20, 2016, 06:38:39 AM |
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What about the Tokens @ Child-Harolds Account? I "bought" ~230GI from him,..or better I only payed for it. He has also oversold but how much is in his account? I will spend a huge part of this ammount to the big deal if we get some less coins  |
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CarlGraph
Member
Offline
Activity: 62
Merit: 10
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July 20, 2016, 07:22:27 AM |
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What about the Tokens @ Child-Harolds Account? I "bought" ~230GI from him,..or better I only payed for it. He has also oversold but how much is in his account? I will spend a huge part of this ammount to the big deal if we get some less coins he has about 1Ti in his frozen account. here is the list of all announced sells by him and all known users which actually claiming for their part: https://docs.google.com/spreadsheets/d/1nI950VU2V6teg1GO8aS1bcAWYpqDYXnWug8VQevzKck/ |
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naj
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July 20, 2016, 07:33:00 AM |
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I would donate the IOTA I bought from CH as well. Is there any plan to release them within the next days?
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CarlGraph
Member
Offline
Activity: 62
Merit: 10
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July 20, 2016, 07:54:54 AM
Last edit: July 20, 2016, 08:11:24 AM by CarlGraph |
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I would donate the IOTA I bought from CH as well. Is there any plan to release them within the next days?
i think it is difficult to calculate the output for each user. should it be divided by all announcements (where we don't know, if they all are real), or only by the ones, which are claiming for their iotas..?! what does the community say and what think the devs? what would now mean "act on his behalf" (CH's)  |
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