[PIO] Pioneershares - REBRANDED TO AMSTERDEX

[boki15]

Yeah, firefox is not really usable and if somebody uses firefox, then there might be issues with wrong addresses. This is why I would mark it as high priority. I did not check without adblocker but not being able to copy wallet address is annoying for firefox users.

I know, but is a big operation.. It appears the latest version is not compatible with some commands connecting to the database.. (really annoying) This means I basicly need to rewrite the entire pages.. So bare with me a bit  

Still funny how my own firefox running the latest version is not having issues.. Still not sure if this is a ubuntu only problem or not..

I love it when I know that devs will hold on their promises, thanks. I like this adventure with every surprise more and more.

EDIT: you need adblock extension, try it then, I had the issue on centos and on ubuntu.

[boki15]

Another suggestion: before people get accesss to their funds 2FA must be enabled. It would not harm to get it before ico ends, then you have more time for tests. Remember, 2FA only on frontend like some cex have is not wise and provides 0 security if the backend is not protected.

[Shkembe]

Notice:

Chipcoin send to the crowdfunding, will also STAKE to keep the network going.. This will only increase your address balance 

Well, this is an advantage we, BTC investors had to know! That would make me think before I invest.

[boki15]

Notice:

Chipcoin send to the crowdfunding, will also STAKE to keep the network going.. This will only increase your address balance 

Well, this is an advantage we, BTC investors had to know! That would make me think before I invest.

I agree on that. It would be correct. Banzai, any suggestions?

[Arrakeen]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

[boki15]

what exactly do you want to have explained that is not here: http://blockpioneers.info/shares/project.php

For calculations, make your own, maybe this is the reason why it did not work in past, dont worry, by statistics you are closer to your first that works out

[sri.bima]

Crowdsale Round-2 was started now? or pending?

[boki15]

Crowdsale Round-2 was started now? or pending?

Started 6 hours ago, you have 6 days.:
http://blockpioneers.info/shares/index.php

[tomkat]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

[Golftech]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

so it is better to buy first from yobit then send it to crowdfunding and it will still works?
i have 1k chips from yobit can i send it directly to crowdfunding? thanks for the info.

[BanzaiBTC]

Notice:

Chipcoin send to the crowdfunding, will also STAKE to keep the network going.. This will only increase your address balance  

Well, this is an advantage we, BTC investors had to know! That would make me think before I invest.

I agree on that. It would be correct. Banzai, any suggestions?

Chipcoin is a PoS based currency.. There is no difference in staking on your deposit address, or staking through your desktop wallet, and deposit on the last day..

I want to avoid a mass movement in the chain on the last day.. We dont want to get stuck because of the high diff, and weight drop etc..

 
Besides , IF we stake with 100% of the Chipcoin supply, we will get 1440x 2 CHIP x 7 days... So ~20K Chipcoin MAX with 1 week of staking with 100% coin supply.. Which is highly unrealistic

I hope this calms you down a bit.. Since Chipcoin staking rewards will not hurt BTC investors at all.. It is more of a pre-caution to protect the blockchain from halting..

[tomkat]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

so it is better to buy first from yobit then send it to crowdfunding and it will still works?
i have 1k chips from yobit can i send it directly to crowdfunding? thanks for the info.

Yes, it will work, and you can send directly from yobit.
You'll need to put "yobit" in the tx id field on your ICO page because Yobit doesn't provide tx id.

OR you can download CHIP wallet (+ bootstrap file), send from Yobit to your wallet address, and then to your ICO address.
This will give you some more control and tx id.

[boki15]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

I would say it is wrong calculation at all. We have no base price, the first part was set in round 1, it will contain 70% of shares (btc part ) and 30% chipcoin part. This is very simple calculation:
19.86478692 btc = 70% of full amount of shares.

X amount of chipcoins = 30%

Example with 1.000.000 chipcoins
70%   +   30%         100%
19.86478692+(19,86478692/70*30)=28.378267028571428571428571428571 btc

What is the max. purchase price for this example (unrealistic, more than 1 Mio. will be pledged, please make your own calculations)
(28.378267028571428571428571428571-19.86478692)/1000000=8.51348019e-6 => 0.00000851 btc/chip

This means that in theory if only 1 Mio. will be pledged, share worth of the chipcoin part would 851 satoshi, not 300.

@Banzai
I know it is staking coin and I supposed from beginn on that theree will be no stakes, I was not sure, but like you say, the amount of stakes is not significant to the amount.

You mentioned the problem and if everybody would stake until last second, this would be chaos, thats why I transfered from start on.

As Skembe mentioned it and I understand his frustration, I am ok with it if he receives my stakes because this could indeed make changes to decision if somebody assumed there will be no stakes.

[kellendil]

CHİP wallet on Yobit down...

[boki15]

CHİP wallet on Yobit down...

Not for me, but all my accounts there are banned, I ignore Yobit. Somehow I knew there will be issue with chipcoin on yobit during ico, like it is always some issue with yobit.

Take care with yobit and dont send bigger ammounts, small in, buy, send coins and if everything works, repeat it. If one them gets stucked or yobit is down, then you will not loose much.


EDIT: and if your coins are gone or frozen, don't be in illusion that you will ever get it back from yobit. They stole all my dust that was there, they never wanted to give it back. They did not get rich with, more the opposite, they showed their face. Dominikherzog (I call him Dominik der her zog), ask him if you have any issues, he is on bitcointalk too. If you ask on yobit chat it is higly possible that you get banned. Take care to take your coins out before you get banned if it is the case.

[tomkat]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines  

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

I would say it is wrong calculation at all. We have no base price, the first part was set in round 1, it will contain 70% of shares (btc part ) and 30% chipcoin part. This is very simple calculation:
19.86478692 btc = 70% of full amount of shares.

X amount of chipcoins = 30%

Example with 1.000.000 chipcoins
70%   +   30%         100%
19.86478692+(19,86478692/70*30)=28.378267028571428571428571428571 btc

What is the max. purchase price for this example (unrealistic, more than 1 Mio. will be pledged, please make your own calculations)
(28.378267028571428571428571428571-19.86478692)/1000000=8.51348019e-6 => 0.00000851 btc/chip

This means that in theory if only 1 Mio. will be pledged, share worth of the chipcoin part would 851 satoshi, not 300.

@Banzai
I know it is staking coin and I supposed from beginn on that theree will be no stakes, I was not sure, but like you say, the amount of stakes is not significant to the amount.

You mentioned the problem and if everybody would stake until last second, this would be chaos, thats why I transfered from start on.

As Skembe mentioned it and I understand his frustration, I am ok with it if he receives my stakes because this could indeed make changes to decision if somebody assumed there will be no stakes.

Not sure what are you calculating above, and also not sure what's Banzai's methodology for the final calculation, but I think it should be like this:

PIO Price (BTC) = (Total amount in 1st round  (BTC) + Total amount in 2nd round (Chipcoin expressed in BTC; 300 satoshi per CHIP) ) / 190000

example (for the current figures)
PIO price = (19.86478692 + 874445.37 * 0.00000300) / 190000 = (19.86478692 + 2.62333611) / 190000 = 22.48812303 / 190000 = 0.00011835 BTC

[boki15]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines 

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

I would say it is wrong calculation at all. We have no base price, the first part was set in round 1, it will contain 70% of shares (btc part ) and 30% chipcoin part. This is very simple calculation:
19.86478692 btc = 70% of full amount of shares.

X amount of chipcoins = 30%

Example with 1.000.000 chipcoins
70%   +   30%         100%
19.86478692+(19,86478692/70*30)=28.378267028571428571428571428571 btc

What is the max. purchase price for this example (unrealistic, more than 1 Mio. will be pledged, please make your own calculations)
(28.378267028571428571428571428571-19.86478692)/1000000=8.51348019e-6 => 0.00000851 btc/chip

This means that in theory if only 1 Mio. will be pledged, share worth of the chipcoin part would 851 satoshi, not 300.

@Banzai
I know it is staking coin and I supposed from beginn on that theree will be no stakes, I was not sure, but like you say, the amount of stakes is not significant to the amount.

You mentioned the problem and if everybody would stake until last second, this would be chaos, thats why I transfered from start on.

As Skembe mentioned it and I understand his frustration, I am ok with it if he receives my stakes because this could indeed make changes to decision if somebody assumed there will be no stakes.

Not sure what are you calculating above, and also not sure what's Banzai's methodology for the final calculation, but I think it should be like this:

PIO Price (BTC) = (Total amount in 1st round  (BTC) + Total amount in 2nd round (Chipcoin expressed in BTC; 300 satoshi per CHIP) ) / 190000

example (for the current figures)
PIO price = (19.86478692 + 874445.37 * 0.00000300) / 190000 = (19.86478692 + 2.62333611) / 190000 = 22.48812303 / 190000 = 0.00011835 BTC

Thats why I say, everybody should make own calculations and not such simple one like we both calculated, because they can't tell us anything about real price.

In your calculation you set the price to 300 satoshi because during the start it was the price, I calculated the worth of chipcoins in btc for the whole amount btc+chipcoins where I set amount of chipcoins to X and assume there will be pledged max of 1. Mio. Knowing that shares will be spreaded 70/30, I know the value of 70 and of 30 because we know the value of 70. Where at the end you get how much worth is chipcoin in btc in form of an share. The more coins will be pledged, the less the will be. On btc value there will be no changes.

Look at bigger wallets and make your own assumptions of how much could be pledged, then you will know more. If you speak about base 300, you should have spoken about max 500, but you did not

[tomkat]

NOOOOOOOOOO

Been having really bad luck, missing all these deadlines  

I don't know how I feel about buying in with CHIP so someone can exit with a profit, only to risk it on an unknown ICO...the whole 'shares calculated at the end of funding' idea hasn't worked out in the past for me.

Can someone explain how this 'CHIP pegged @ 300 sat' works?  What is this in regards to (seeing as the price on exchange can't be fixed)

Basically the crowdfunding price is 300 sats. If you buy below 300 on Yobit, then you have a discount, ex.: 1000 CHIP * 200 sats (bought on Yobit) = 0.002 BTC, but your stake on PIO ICO will be 1000 CHIP * 300 sats = 0.003 BTC

I would say it is wrong calculation at all. We have no base price, the first part was set in round 1, it will contain 70% of shares (btc part ) and 30% chipcoin part. This is very simple calculation:
19.86478692 btc = 70% of full amount of shares.

X amount of chipcoins = 30%

Example with 1.000.000 chipcoins
70%   +   30%         100%
19.86478692+(19,86478692/70*30)=28.378267028571428571428571428571 btc

What is the max. purchase price for this example (unrealistic, more than 1 Mio. will be pledged, please make your own calculations)
(28.378267028571428571428571428571-19.86478692)/1000000=8.51348019e-6 => 0.00000851 btc/chip

This means that in theory if only 1 Mio. will be pledged, share worth of the chipcoin part would 851 satoshi, not 300.

@Banzai
I know it is staking coin and I supposed from beginn on that theree will be no stakes, I was not sure, but like you say, the amount of stakes is not significant to the amount.

You mentioned the problem and if everybody would stake until last second, this would be chaos, thats why I transfered from start on.

As Skembe mentioned it and I understand his frustration, I am ok with it if he receives my stakes because this could indeed make changes to decision if somebody assumed there will be no stakes.

Not sure what are you calculating above, and also not sure what's Banzai's methodology for the final calculation, but I think it should be like this:

PIO Price (BTC) = (Total amount in 1st round  (BTC) + Total amount in 2nd round (Chipcoin expressed in BTC; 300 satoshi per CHIP) ) / 190000

example (for the current figures)
PIO price = (19.86478692 + 874445.37 * 0.00000300) / 190000 = (19.86478692 + 2.62333611) / 190000 = 22.48812303 / 190000 = 0.00011835 BTC

Thats why I say, everybody should make own calculations and not such simple one like we both calculated, because they can't tell us anything about real price.

In your calculation you set the price to 300 satoshi because during the start it was the price, I calculated the worth of chipcoins in btc for the whole amount btc+chipcoins where I set amount of chipcoins to X and assume there will be pledged max of 1. Mio. Knowing that shares will be spreaded 70/30, I know the value of 70 and of 30 because we know the value of 70. Where at the end you get how much worth is chipcoin in btc in form of an share. The more coins will be pledged, the less the will be. On btc value there will be no changes.

Look at bigger wallets and make your own assumptions of how much could be pledged, then you will know more. If you speak about base 300, you should have spoken about max 500, but you did not

This phrase is very wrong

you set the price to 300 satoshi because during the start it was the price

because 300 satoshi is fixed BTC/CHIP exchange rate set by Banzai. This price will be used when caculating BTC amount in round 2

[Edit] 70/30 distribution was just example for 70 BTC in round 1, and 30 BTC in CHIP equivalent (maximum allowed) in round 2

[kellendil]

you cant even send chip from yobit how can we invest. thats not good..

[boki15]

@tomkat
http://blockpioneers.info/shares/project.php#pioneershares

Distribution Model

Example - Round one raises 70 BTC in share offering. Distribution will be 70% PioneerShares for Bitcoin investors, and 30% PioneerShares for Chipcoin investors.

and

Share Offering

A total of 190 000 shares will be held for public sale. 10 000 for promotion campaign. You can invest using Bitcoin in round one, and Chipcoin in round two. The Chipcoin marketcap is pegged at 30 BTC (average price) during this share offering.

What makes you believe to conclude that (average price) during this share offering means 300 base??? Please quote Banzai where het sets the base for chipcoin of 300.