Mycelium's "crowdsale": basically a donation, not an investment by any means

[alani123]

Thanks for the response.

I won't go through responding to Rassah's points as I evidence to support parts of my post he was responding to was and still is in the OP. Whether people want to believe his claims over evidence is something I have no control over. I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective but aside of that there's not much I can do to prevent money from being burned.

[bitbitch]

Thanks for the response.

I won't go through responding to Rassah's points as I evidence to support parts of my post he was responding to was and still is in the OP. Whether people want to believe his claims over evidence is something I have no control over. I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective but aside of that there's not much I can do to prevent money from being burned.

i appreciate your efforts.

[gravitate]

Thanks for the response.

I won't go through responding to Rassah's points as I evidence to support parts of my post he was responding to was and still is in the OP. Whether people want to believe his claims over evidence is something I have no control over. I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective but aside of that there's not much I can do to prevent money from being burned.

I appreciate your work though as it protects people. But I am a hardcore investor and a bit of hype of the new mother god of wallets for many cryptos is gonna sent the mycelium token price up like any other hyped crypto

Thats why I went in this.

[lordlucan]

Well with over 6 investments I am in to the tune of 20 Bitcoin and like all crypto investments you take your chances. I have some in Waves and stayed well clear of the new xpy Ions.With interest in banks so low you just have to take some chances but then again I am single and my mortgage paid off.

[gravitate]

Well with over 6 investments I am in to the tune of 20 Bitcoin and like all crypto investments you take your chances. I have some in Waves and stayed well clear of the new xpy Ions.With interest in banks so low you just have to take some chances but then again I am single and my mortgage paid off.

Wow! Im only 11 BTC in this lucky you!!!!!1 There is another wild card on here https://rise.vision/ico

I think more risky but higher risk = greater returns I only went in 0.5 BTC

Crypto is the future dont worry you will be mega riiiich


Happy bitcoin everyone.

[bitbitch]

Well with over 6 investments I am in to the tune of 20 Bitcoin and like all crypto investments you take your chances. I have some in Waves and stayed well clear of the new xpy Ions.With interest in banks so low you just have to take some chances but then again I am single and my mortgage paid off.

Wow! Im only 11 BTC in this lucky you!!!!!1 There is another wild card on here https://rise.vision/ico

I think more risky but higher risk = greater returns I only went in 0.5 BTC

Crypto is the future dont worry you will be mega riiiich


Happy bitcoin everyone.

https://medium.com/@icocountdown/why-has-rise-been-delisted-from-icocountdown-com-2907e956d5a4#.7bm1pbjzm

Alex is not so sure about Rise. it's so hard to tell what is and what is not legitimate in the ICO world. throwing money at the wall and seeing what sticks is not my way of investing. i need solid background information. Elastic, for example, looks interesting but the project leaders will not disclose a single fact about who they are and refuse to use escrow for the funds. i just don't get that kind of attitude.

[alani123]

Thanks for the response.

I won't go through responding to Rassah's points as I evidence to support parts of my post he was responding to was and still is in the OP. Whether people want to believe his claims over evidence is something I have no control over. I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective but aside of that there's not much I can do to prevent money from being burned.

I appreciate your work though as it protects people. But I am a hardcore investor and a bit of hype of the new mother god of wallets for many cryptos is gonna sent the mycelium token price up like any other hyped crypto

Thats why I went in this.

Well with over 6 investments I am in to the tune of 20 Bitcoin and like all crypto investments you take your chances. I have some in Waves and stayed well clear of the new xpy Ions.With interest in banks so low you just have to take some chances but then again I am single and my mortgage paid off.

Goodspeed.

[lordlucan]

@Alani123 Thanks for your side of the argument and a lot of valid points but I was impressed by the fact Waves approached them to collaborate on their platform and the fact they now have stopped working on third party software and only working on there own from an apps point of view.The points on both sides could be debated all day.@Gravitate thanks for the heads up on that ICO I risked a few hundred dollars well 350 to be exact just in case it hits the jackpot

[Rassah]

I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective...

Considering bitcoin itself has outperformed every other investment, and is expected to in the future, I can't really argue with that sentiment...

Why they even need to make a crowdsale in first place?
I saw many bitcoin startup/company make crowdsale/crowdfunding, but some of them are fail
In fact, i don't understand how can they make huge money/profit.

We spent 8 figures of our own founder's money to get Mycelium to where it is now. After Ruble and Bitcoin both crashed in value, he felt a bit broke and was tired of spending his own money. So we got some private investors. We also now believe that the wallet is strong enough to break out and start earning its own money, so we offered 5% non-dilutable stake to our users to share in what we hope will be that earnings potential, partially as a way to thank them for their support. We'll be selling 20% of the stake later, to actual professional investors and VCs to help fund the wallet the rest of the way.

We can make huge money/profit in the same way that Google Android makes huge money/profit: the Android OS is free, but many of the apps you buy cost money, and Google takes a cut on app sales. That's what we're building, but with our apps being specific to crypto finance.

[darcycooper]

I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective...

Considering bitcoin itself has outperformed every other investment, and is expected to in the future, I can't really argue with that sentiment...

Why they even need to make a crowdsale in first place?
I saw many bitcoin startup/company make crowdsale/crowdfunding, but some of them are fail
In fact, i don't understand how can they make huge money/profit.

We spent 8 figures of our own founder's money to get Mycelium to where it is now. After Ruble and Bitcoin both crashed in value, he felt a bit broke and was tired of spending his own money. So we got some private investors.

Lol, so now you want to make your investors 'feel broke'?

The wallet makes no money! Stop calling this an investment.

[alani123]

I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective...

Considering bitcoin itself has outperformed every other investment, and is expected to in the future, I can't really argue with that sentiment...

What a statement. This is only true if you pick the right time frame. Bitcoin could also end up on a list of the worst performing currencies with the right timeframe.

[Rassah]

The wallet makes no money! Stop calling this an investment.

The wallet makes money, and this is investment in the new wallet that will make more. It is possible to invest in things that are just starting out, not making money, but have a huge potential to.

[alani123]

The wallet makes no money! Stop calling this an investment.

The wallet makes money, and this is investment in the new wallet that will make more. It is possible to invest in things that are just starting out, not making money, but have a huge potential to.

Looking at your statements (and avatar), I'm reminded that the same mindset lead to $185 million being invested into a cat-shaped handheld barcode reader in the 00s. When talking about the potential of something that doesn't exist yet or hasn't been released, you're literally talking about potential vapourware.

[forzendiablo]

mycellium will end as scam

beware.

[Rassah]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

[gravitate]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

Reading that reply just made me even more excited about the project awesome. I wish I could get involved more in the project somehow than just this..

[forzendiablo]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

thanc for reply but all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end
i like this wallet but the way u now are goign means something is not working right

[bitbitch]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

Reading that reply just made me even more excited about the project awesome. I wish I could get involved more in the project somehow than just this..

always try to reflect on how something you read makes you feel, especially in the world of investing.

[TheCryptoMint]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

Reading that reply just made me even more excited about the project awesome. I wish I could get involved more in the project somehow than just this..

always try to reflect on how something you read makes you feel, especially in the world of investing.

Very good Point indeed. Its easy to get caught up and before you know it you put 10 btc in. Well I did that and after I read more I put another 5 in

If it was a donation I would have put 0.0001 BTC in simple as that.

[whored]

mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

thanc for reply but all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end
i like this wallet but the way u now are goign means something is not working right

Not strictly an "exit scam" tho. Mycelium explicitly states that its digital tokens give you no rights whatsoever, are basically a gift to Mycelium. How is that misleading?