warped3go
Member
Offline
Activity: 78
Merit: 10
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July 24, 2016, 08:28:19 AM |
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2.4 btc in 83 seconds, now i have more btc to invest Stratis. HAHA, me too. I sold too early at 85k tho.. but it's okay, it's free money so not complaining
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altcoinrich
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July 24, 2016, 08:31:20 AM |
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2.4 btc in 83 seconds, now i have more btc to invest Stratis. HAHA, me too. I sold too early at 85k tho.. but it's okay, it's free money so not complaining Nice profit, I will invest on stratis, etc is a quick ATM, 4.7 btc earned so far, damn cool. Today from 13.8btc to 18.5btc. lol
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Krushang (OP)
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July 24, 2016, 08:33:19 AM |
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How would the value of each coin be calculated? say for example there's 400btc raised and 98M coins in circulation.
I think you have to calculate the bonus given at beginning stage as well, 20% 10% and 5% bonus given at various stages of ICO so for example, If total 500 btc was raised. 200 btc with 20% bonus = 240 btc 100 btc with 10% bonus = 110 btc 100 btc with 5% bonus = 105 btc 100 btc with 0% bonus = 100 btc 500 btc = 555 btc with bonus 84 million / 555 = 151351 Stratis per BTC not 84 million / 500 = 168000 Stratis per BTC. Nice example by warped3go
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warped3go
Member
Offline
Activity: 78
Merit: 10
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July 24, 2016, 08:36:41 AM |
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2.4 btc in 83 seconds, now i have more btc to invest Stratis. HAHA, me too. I sold too early at 85k tho.. but it's okay, it's free money so not complaining Nice profit, I will invest on stratis, etc is a quick ATM, 4.7 btc earned so far, damn cool. Today from 13.8btc to 18.5btc. lol Damn, it's a good day for you. I only made 2 Btc on free ETC dump. I'm too scare to buy any ETC, it's like tossing around ticking time bomb, I feeling like. got rekt one too many time.
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altcoinrich
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July 24, 2016, 08:40:24 AM |
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2.4 btc in 83 seconds, now i have more btc to invest Stratis. HAHA, me too. I sold too early at 85k tho.. but it's okay, it's free money so not complaining Nice profit, I will invest on stratis, etc is a quick ATM, 4.7 btc earned so far, damn cool. Today from 13.8btc to 18.5btc. lol Damn, it's a good day for you. I only made 2 Btc on free ETC dump. I'm too scare to buy any ETC, it's like tossing around ticking time bomb, I feeling like. got rekt one too many time. I were scared too, I even wanted to buy it @0.0003 but i didn't, regret!!!!!!!!
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warped3go
Member
Offline
Activity: 78
Merit: 10
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July 24, 2016, 08:47:51 AM |
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How would the value of each coin be calculated? say for example there's 400btc raised and 98M coins in circulation.
I think you have to calculate the bonus given at beginning stage as well, 20% 10% and 5% bonus given at various stages of ICO so for example, If total 500 btc was raised. 200 btc with 20% bonus = 240 btc 100 btc with 10% bonus = 110 btc 100 btc with 5% bonus = 105 btc 100 btc with 0% bonus = 100 btc 500 btc = 555 btc with bonus 84 million / 555 = 151351 Stratis per BTC not 84 million / 500 = 168000 Stratis per BTC. Nice example by warped3go Why Thank you Sir. We would love to get that bonus Inflation number when you get a chance. Since bonus time is over, it should be fixed now correct?
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jacaf01
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July 24, 2016, 10:56:45 AM |
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Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack. That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this
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altcoinrich
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July 24, 2016, 11:08:07 AM |
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Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack. That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!!
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warped3go
Member
Offline
Activity: 78
Merit: 10
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July 24, 2016, 11:22:43 AM |
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Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation. and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi. which means mining Stratis will not be very profitable in the beginning, which means less hash power. this opens up the network to possible 51% attack from competitors. How will this issue be resolved, if came to realization?
Any thoughts?
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tipto
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July 24, 2016, 11:30:31 AM |
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Nice interview and investment increasing. Now 361 BTC
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zahra4576
Newbie
Offline
Activity: 32
Merit: 0
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July 24, 2016, 11:37:47 AM |
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Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack. That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!! stratis will not reach the target that the dev team wanted so you would say it was always going to be overbrought and devs set people up to buy over brought coin?
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s0nix
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July 24, 2016, 11:48:47 AM |
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Interesting interview, thanks. 361 BTC now
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PGPpfKkx
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July 24, 2016, 12:10:21 PM |
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any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
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ttookk
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July 24, 2016, 12:33:26 PM |
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Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation. and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi. which means mining Stratis will not be very profitable in the beginning, which means less hash power. this opens up the network to possible 51% attack from competitors. How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
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Krushang (OP)
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July 24, 2016, 12:41:59 PM |
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When will the translation bounties be released krysang?
As stated on the Campaign blog: 'All bounties will be paid within 2 weeks after Stratis mainnet is live' any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
No sorry, it would be unfair on the early investors.
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killerjoegreece
Legendary
Offline
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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July 24, 2016, 12:44:57 PM |
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When will the translation bounties be released krysang?
As stated on the Campaign blog: 'All bounties will be paid within 2 weeks after Stratis mainnet is live' any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
No sorry, it would be unfair on the early investors. awesome thanks for the info. i did not notice that
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jacaf01
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July 24, 2016, 12:48:09 PM |
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Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack. That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!! Overbought at what price, anything less than 5000BTC for this project is under-funding which is not good, because they need this fund to achieve their set goals
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warped3go
Member
Offline
Activity: 78
Merit: 10
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July 24, 2016, 12:54:47 PM |
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Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation. and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi. which means mining Stratis will not be very profitable in the beginning, which means less hash power. this opens up the network to possible 51% attack from competitors. How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually… Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
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PGPpfKkx
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July 24, 2016, 01:30:21 PM |
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I still didn't get an answer to my previous question:
if this is a business blockchain dev tool why would people use the public ledger over bitcoins or any other altcoin? what's different?
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