[BRK] Breakout Chain | Coin Sale Complete | Multicurrencies | Gaming + eSports

[kuperis]

something very strange with coin and ICO

id like to buy some, but i have weird feelling

all this ICO process in confusing

[1714759166]

1714759166

[1714759166]

1714759166

[1714759166]

1714759166

[octavarium]

In a coin sale that will run for approximately 25 days beginning June 13, 2016 10:00 AM PDT (01:00 PM EDT) and run until July 7, 2017 07:00 PM PDT (10:00 PM EDT), Breakout Services, Limitada, will offer 6,627,494 Breakout Coin.

25 days or 1 year

http://www.breakoutcoin.com/coinsale/

[4emily]

Whatever, i bought.

Me too - flying blind on this one

[samspaces]

something very strange with coin and ICO

id like to buy some, but i have weird feelling

all this ICO process in confusing

It's asking for free money. What's not to understand?

[jibble]

what is happening ?   0.8 BTC for 1 BRK is toooooooooooo much! did i miss something?

This is a token representing the total amount invested, then the coins will be shared among investors in relation to total amount invested , no 0.8 doesnt mean 1 BRK , it means 1 share. Which is equivalent to 1 btc . but for the first hour there is a 25% bonus , so right now it is 0.8 per share instead of 1-1 to account for the 25% bonus .

Depending on total amount invested will determine how many coins each person get and how much that individual bought

[choppy123]

I'm having difficulty importing my json file into wallet from 1st crowdsale, it's asking me for a password? I don't remember creating one....How do I import my coins? ty all.... Are there instructions on how to import?

[itismoney4me]

what is happening ?   0.8 BTC for 1 BRK is toooooooooooo much! did i miss something?

This is a token representing the total amount invested, then the coins will be shared among investors in relation to total amount invested , no 0.8 doesnt mean 1 BRK , it means 1 share. Which is equivalent to 1 btc . but for the first hour there is a 25% bonus , so right now it is 0.8 per share instead of 1-1 to account for the 25% bonus .

Depending on total amount invested will determine how many coins each person get and how much that individual bought

Thank you   . I bought !

[mchwierutSC]

Its a token sale it's 0.80 btc because of 25% bonus.

The price of the coin is dependent on how much is invested , so 1 token is represented , then totals will be given out after final amount has been raised, in relation to how much people invested

To me, this does not make any sense.

It makes sense mathematically so i don't know what else to say, fundraisers/ipos determine the value of a coin with free market economics. The amount of money that goes in determines the price at which the coins are valued and bought at.

Each 1 coin is representative of 1 btc , so the coins that are being sold will be distributed like any other coins , in relation to how much you invested , the coins will be shared out.

because for the first hour the price is at a 25% bonus , 0.8 is the price per 1 coin , this allows people to buy at a price that is a 25% bonus

It's the labeling. The announcement says a price floor of 4500 BRK/BTC, while the ICO site basically says 1.25 BRK/BTC. The confusion is understandable.

What you're saying also makes sense: the ICO is selling 'share tokens' called BRK which will be redeemable for the BRK operational tokens. These will be distributed according to the final sale, and with a price floor of 4500 BRK/BTC, then 4500 per BTC invested would be the maximum amount of final BRK you get per 1 BRK pre-sale token.

Thanks for clearing that up though Jibble. It would be helpful to get confirmation from the devs that your characterization is accurate. They should have had different labels for the BRK 'share tokens' being sold on Bittrex and the final BRK that will be distributed according to those shares.

[jibble]

https://www.bittrex.com/Market/Index?MarketName=BTC-BRK
0.8 is the price per 1 coin

The users will not increase at all.
Too greedy
It's useless entirely.

read the post directly above yours you fucking idiot

[octavarium]

what is happening ?   0.8 BTC for 1 BRK is toooooooooooo much! did i miss something?

This is a token representing the total amount invested, then the coins will be shared among investors in relation to total amount invested , no 0.8 doesnt mean 1 BRK , it means 1 share. Which is equivalent to 1 btc . but for the first hour there is a 25% bonus , so right now it is 0.8 per share instead of 1-1 to account for the 25% bonus .

Depending on total amount invested will determine how many coins each person get and how much that individual bought

but for the first hour there is a 25% bonus
I like this word

[jibble]

Its a token sale it's 0.80 btc because of 25% bonus.

The price of the coin is dependent on how much is invested , so 1 token is represented , then totals will be given out after final amount has been raised, in relation to how much people invested

To me, this does not make any sense.

It makes sense mathematically so i don't know what else to say, fundraisers/ipos determine the value of a coin with free market economics. The amount of money that goes in determines the price at which the coins are valued and bought at.

Each 1 coin is representative of 1 btc , so the coins that are being sold will be distributed like any other coins , in relation to how much you invested , the coins will be shared out.

because for the first hour the price is at a 25% bonus , 0.8 is the price per 1 coin , this allows people to buy at a price that is a 25% bonus

It's the labeling. The announcement says a price floor of 4500 BRK/BTC, while the ICO site basically says 1.25 BRK/BTC. The confusion is understandable.

What you're saying also makes sense: the ICO is selling 'share tokens' called BRK which will be redeemable for the BRK operational tokens. These will be distributed according to the final sale, and with a price floor of 4500 BRK/BTC, then 4500 per BTC invested would be the maximum amount of final BRK you get per 1 BRK pre-sale token.

Thanks for clearing that up though Jibble. It would be helpful to get confirmation from the devs that your characterization is accurate. They should have had different labels for the BRK 'share tokens' being sold on Bittrex and the final BRK that will be distributed according to those shares.

the 4500/btc floor is a minimum , if it raises more funds then you get less , but the floor currently if the minimum target isn't raised is 4500/btc (this is base price not accounting for the 25% bonus)

i have been on the slack for the last year + during active development i am 100% certain on this

[adjiadjo]

I'm having difficulty importing my json file into wallet from 1st crowdsale, it's asking me for a password? I don't remember creating one....How do I import my coins? ty all.... Are there instructions on how to import?

yes we do creating one before downloading json file ,
system wont let you download json file if you dont set password
you should save it on notepad ,

you need to input your pass and you'll get your privkey

[BreakoutCoin]

Current Price of Coin Sale

1 BRK = 0.0001778 BTC

1 BTC = 5625.0 BRK


We'll post periodic updates as the price changes.

The price of 0.8 BTC = 1 BRK is a "share" price that is a multiplier to be applied at the end of the sale.

Currently the price is as inexpensive as BRK will be during this sale. We call this the "floor price" and reflects the 25% first hour bonus.

[Dinosaur]

ok thanks for clearing up the price thing, will be investing 

[Geenstijl]

And now the hyping and fudding begins.

[adjiadjo]

Current Price of Coin Sale

1 BRK = 0.0001778 BTC

1 BTC = 5625.0 BRK


We'll post periodic updates as the price changes.

The price of 0.8 BTC = 1 BRK is a "share" price that is a multiplier to be applied at the end of the sale.

Currently the price is as inexpensive as BRK will be during this sale. We call this the "floor price" and reflects the 25% first hour bonus.

please quote the update at the top of page 1 too

[jibble]

Current Price of Coin Sale

1 BRK = 0.0001778 BTC

1 BTC = 5625.0 BRK


We'll post periodic updates as the price changes.

The price of 0.8 BTC = 1 BRK is a "share" price that is a multiplier to be applied at the end of the sale.

Currently the price is as inexpensive as BRK will be during this sale. We call this the "floor price" and reflects the 25% first hour bonus.

Just to add, this is accounting for the 25% bonus that is currently in effect, base price is 4500/btc but with 25% bonus for this first hour is 5625.0 BRK

it will lower to 20% of the 4500/btc base price after this first hour so.....5400/btc in the next 28 minutes

[markus124]

Just wondering how much the guys that bougth brk in the first crowdsale pay for one coin?

[BreakoutCoin]

Current Price of Coin Sale

1 BRK = 0.0001778 BTC

1 BTC = 5625.0 BRK


We'll post periodic updates as the price changes.

The price of 0.8 BTC = 1 BRK is a "share" price that is a multiplier to be applied at the end of the sale.

Currently the price is as inexpensive as BRK will be during this sale. We call this the "floor price" and reflects the 25% first hour bonus.

Just to add, this is accounting for the 25% bonus that is currently in effect, base price is 4500/btc but with 25% bonus for this first hour is 5625.0 BRK

it will lower to 20% of the 4500/btc base price after this first hour so.....5400/btc in the next 28 minutes

It will lower to 15% of the 4500/BTC base price, or 5175.0/BTC.

[ofortuna]

I can say with confidence that Jibble knows more than some of the devs!