shotgun1969
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May 14, 2017, 11:41:09 PM |
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hmmmmm thats scammy right there
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cryptohunter
Legendary
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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May 14, 2017, 11:59:42 PM |
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stick to 50% guys don't let them offer any lower. even that is a poke in the eye. you simply do not change the rules like that once into a project without community consent especially not to that laughable degree.
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kingcrimson
Legendary
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Activity: 1025
Merit: 1000
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May 15, 2017, 12:09:47 AM |
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Hunterwolfie
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May 15, 2017, 12:58:45 AM |
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You silly cunts. You will not be raising a single cent after what you've done. Your arrogance and greed know no bounds...
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shotgun1969
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May 15, 2017, 01:48:36 AM |
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I agree it should be at least 50%. That would be fair and keep their reputation in tact.
Here is the problem with that kind of reasoning: if we do an ICO with 50% (or any large percentage) going to early investors, it will be a really bad deal for ICO investors. Early investors never contributed to the development of Veltor. ICO investors will basically be paying for the early investors' share of the coinswap. That is a strong limiting factor on how much we can do. well i guess this shows that you are in fact a newbie investor. and dont know shit
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shotgun1969
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May 15, 2017, 01:53:03 AM |
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I agree it should be at least 50%. That would be fair and keep their reputation in tact.
Here is the problem with that kind of reasoning: if we do an ICO with 50% (or any large percentage) going to early investors, it will be a really bad deal for ICO investors. Early investors never contributed to the development of Veltor. ICO investors will basically be paying for the early investors' share of the coinswap. That is a strong limiting factor on how much we can do. here is the problem you guys screwed up a great foundation for a get rich sceam
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PorcoRosso
Newbie
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Activity: 31
Merit: 0
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May 15, 2017, 02:04:58 AM |
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Viper1
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May 15, 2017, 02:58:56 AM |
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It's funny.. The way the sunday updates were going, the way they were worded etc, I had this gut feeling that some ICO was on the way and here we are.
I've reviewed the code on GitHub and all the messages of those involved since day 1. There's no white paper from which to judge if they even have a clue (and the skill, technical knowledge and cryptography background) as to what they're doing or if this is now being run as a "hype" project. There's not one single crypto coin that has solved all of the various issues in this area. Without being able to see if this coin is at least trying, or is even aware of all the various flaws is very important. So knowing all this and how massively risky it is to be developing something like this completely from "scratch", I certainly won't be getting involved in this project. It might be worth day trading but that's about it. Good luck to all of those that decide to throw the dice and accept the risk regardless.
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BitPotus
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May 15, 2017, 03:25:06 AM |
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no matter how revolutionary their supposed "tech" is, they seem to be forgetting that it's the users who will either make or break their "coin" and if you alienate the community from the very start, then your "project" is dead. you idiots had a god thing going but you got greedy.
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Hunterwolfie
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May 15, 2017, 04:50:42 AM Last edit: May 15, 2017, 05:05:14 AM by Hunterwolfie |
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kingcrimson
Legendary
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Activity: 1025
Merit: 1000
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May 15, 2017, 05:03:27 AM |
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WOW they were trying to offload VLT otc!! With full knowledge that it was going to be worthless. That is the smoking gun right there. Keep all this and show when they emerge for their ICO.
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milan_gl
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Activity: 1
Merit: 0
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May 15, 2017, 05:05:36 AM |
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Which idiot will invest in your new project when you have failed your old project ?
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BorisTheBulletDodger
Member
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Activity: 192
Merit: 19
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May 15, 2017, 06:34:11 AM |
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wow! That explains that massive sell off. I had initially put it down to BTC getting pumped but it's now obvious they knew that the community would react adversely to these news. Will never trust anyone associated with veltor ever again. My 2 BTC investment is now literally worthless.
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I Dodge Bullets
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ShinyDiscoBalls
Member
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Activity: 81
Merit: 10
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May 15, 2017, 06:56:28 AM |
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SNIP
you screw people who believed in you and fought your corner and then you say people are being "emotional"? what do you expect? your little shenanigans have seen some people lose 80% overnight because of your greed. you are just trying to jump on the ICO bandwagon to line your own pockets. If your tech is that extraordinary, you should build it first and then the money will follow. right now, the people behind veltor are just coming across as a bunch of greedy pigs who have no respect for the people who supported them initially. without a supportive community, your little endeavour is as good as dead. well done.
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legday
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May 15, 2017, 07:23:24 AM |
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wow! That explains that massive sell off. I had initially put it down to BTC getting pumped but it's now obvious they knew that the community would react adversely to these news. Will never trust anyone associated with veltor ever again. My 2 BTC investment is now literally worthless. okay now we have for a fact that they dumped the coins. oh and whats with the guy with the pantyhose on his head? is he supposed to be sexual slave or something?
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Viper1
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May 15, 2017, 07:29:52 AM |
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...snip... Not going to bother responding directly to all of that as most of it is just blathering away with things that, at the end of the day, are meaningless. At some point there was a significant change in the manner in which the team communicated with the community. It suddenly became "polished" which is not something you typically see from developers, but rather from organized groups. Despite all the supposed work that has been done, there is not even a preliminary white paper or any sort of "detailed" outline of the technical plans... Instead, there's a post about how there's going to be a piece of hardware people can buy, and the following week an announcement of an ICO. For those of us that have been around here awhile, it all starts to smell like the project is in the hands of a pump and dump type group as opposed to real developers. Developers who believe they're creating something revolutionary etc are more interested in communicating that vision and getting it in the hands of the public as opposed to selling hardware and ICOs.
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Mr. Net
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May 15, 2017, 07:52:21 AM |
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...snip... Not going to bother responding directly to all of that as most of it is just blathering away with things that, at the end of the day, are meaningless. At some point there was a significant change in the manner in which the team communicated with the community. It suddenly became "polished" which is not something you typically see from developers, but rather from organized groups. Despite all the supposed work that has been done, there is not even a preliminary white paper or any sort of "detailed" outline of the technical plans... Instead, there's a post about how there's going to be a piece of hardware people can buy, and the following week an announcement of an ICO. For those of us that have been around here awhile, it all starts to smell like the project is in the hands of a pump and dump type group as opposed to real developers. Developers who believe they're creating something revolutionary etc are more interested in communicating that vision and getting it in the hands of the public as opposed to selling hardware and ICOs. You are right that as time went along, people joined the team and supported our vision. But saying that it all was pretensed for a pump and dump is just an accusation that is contradictory, as an ICO wouldn't make sens if we accept your version of the story for a moment. Project Sinni is a side project, the main aim here is to support the network, the way it is layed out, it makes sens to have dedicate nodes, which will be cheap and power efficient. Especially with the nature of the project where the up-time of nodes is critical. If you scroll back a few replies,you'll see that a white paper and a test net client are planned for release before the ICO.
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Money Is Information
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indri123
Newbie
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Activity: 48
Merit: 0
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May 15, 2017, 08:18:37 AM |
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I'm going to throw the towel and take the loss. The way Veltor changed the conditions of the coin swap is disgraceful.
Good luck raising your millions.
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Viper1
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May 15, 2017, 08:19:43 AM Last edit: May 15, 2017, 09:00:38 AM by Viper1 |
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...snip... Not going to bother responding directly to all of that as most of it is just blathering away with things that, at the end of the day, are meaningless. At some point there was a significant change in the manner in which the team communicated with the community. It suddenly became "polished" which is not something you typically see from developers, but rather from organized groups. Despite all the supposed work that has been done, there is not even a preliminary white paper or any sort of "detailed" outline of the technical plans... Instead, there's a post about how there's going to be a piece of hardware people can buy, and the following week an announcement of an ICO. For those of us that have been around here awhile, it all starts to smell like the project is in the hands of a pump and dump type group as opposed to real developers. Developers who believe they're creating something revolutionary etc are more interested in communicating that vision and getting it in the hands of the public as opposed to selling hardware and ICOs. You are right that as time went along, people joined the team and supported our vision. But saying that it all was pretensed for a pump and dump is just an accusation that is contradictory, as an ICO wouldn't make sens if we accept your version of the story for a moment. Project Sinni is a side project, the main aim here is to support the network, the way it is layed out, it makes sens to have dedicate nodes, which will be cheap and power efficient. Especially with the nature of the project where the up-time of nodes is critical. If you scroll back a few replies,you'll see that a white paper and a test net client are planned for release before the ICO. Perhaps I should have clarified. At one point it felt like the project was some actual developer type people albeit naive and inexperienced. Given the change in communications etc, it smells like it's been taken over by those who could be a pump and dump group. It has all the earmarks of one. Even if it's not a PnD group, announcing a hardware product followed up by an ICO with a 5% swap says that the group now in charge is more interested in money and not about the fundamental tech/project. The 5% swap says that they don't care one little bit about anyone that will invest in the project and that includes those that would buy the ICO. Let's just sum it up this way. This project is extremely high risk and it's far, far more probable that anyone putting money into it will end up losing it and the project being a failure. Just on it's own it's a high risk project without taking into account anything else.. The only "smart" thing the group has done is slapping the community now so they have time for the stink to subside by the time they finally do the ICO. Edit: Are you part of the team? Cause you're talking as if you are and have information others don't.
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