[ANN] * Persistent Information Exchange * PIECoin - ** !!! ICO COMPLETE !!! **

[ghostfaceuk]

Closing time:
2017-02-19 18:00 (GMT 0)

Price per PIE : 0.00000007
PIE amount : 371282581.42857152 (from 400M)
Total   BTC amount : 25.9897807
BTC total :  25.9897807

just waiting what happen after ICO end 

When the ICO ends we will weigh our options but we have been steadily building as we have been going along. If a lot of PIE are not sold and burned then that means the actual supply of PIE will be very low. A low supply will create a very high demand based on our long-term goals.

The PIE community is very supportive so we will make it work.

We will be making updates to reflect our progress.

I would advise to burn unsold coins. Firstly, it will be a positive signal for the market and low supply will encourage a significant price increase over time. Secondly, it will be a positive signal to your ICO investors, who might otherwise be displeased when unsold coins are not been destroyed as probably a lot of them bought in the firm belief that those unsold coins will be destroyed.

To the best of my knowledge part of the agreement with C-Cex is that any coins not sold during the ICO has to be destroyed.

This is from C-Cex's ICO rules

ICO rules
The coin team must provide the wallet source code so we can compile and test it and receive the ICO premine transfer.
The coin team must provide the coin logo for listing. Forum thread, website and block explorer links are preferrable.
4 BTC paid before ICO is listed, unless special circumstances arise. ICO fee is non-refundable.
In the event the ICO does not sell out, coin team have the right to either refund investors or continue to launch and we can destroy the remaining premine. Coin developers must state if they are going to destroy unsold premine in this case.

As dev has stated the ICO will continue then the rest of the coins will be burned by C-Cex

[Wapinter]

Closing time:
2017-02-19 18:00 (GMT 0)

Price per PIE : 0.00000007
PIE amount : 371282581.42857152 (from 400M)
Total   BTC amount : 25.9897807
BTC total :  25.9897807

just waiting what happen after ICO end 

When the ICO ends we will weigh our options but we have been steadily building as we have been going along. If a lot of PIE are not sold and burned then that means the actual supply of PIE will be very low. A low supply will create a very high demand based on our long-term goals.

The PIE community is very supportive so we will make it work.

We will be making updates to reflect our progress.

I would advise to burn unsold coins. Firstly, it will be a positive signal for the market and low supply will encourage a significant price increase over time. Secondly, it will be a positive signal to your ICO investors, who might otherwise be displeased when unsold coins are not been destroyed as probably a lot of them bought in the firm belief that those unsold coins will be destroyed.

Yes in the best interest of investors, all unsold coins should be burnt.
This will definitely help price rise

[termion]

"4 BTC paid before ICO is listed on c-cex, " - ICO collected now 2 BTC ...  I think, after ICO will sell maximum 2 mln coins on 14 satoshi  ( and after, price will be 2-3 satoshi)...

[windchamp]

I just picked up some more PIE on c-cex right before the ICO ends!  The price can't be beat.  Hoping for much success after the ICO ends    Let's see where this goes!

[termion]

end amount ICO - 5 BTC

[salmanahmedone]

When the ICO ends we will weigh our options but they have been steadily building as we have been going along. If a lot of PIE are not sold and burned then that means the actual supply of PIE will be very low. A low supply will create a very high demand based on their long-term goals. The PIE community is very supportive so we will make it work. I heard they will be making updates to reflect  progress.

[nawazkhan1430]

https://bitcointalk.org/index.php?topic=1647617.0

[zahra4577]

Closing time:
2017-02-19 18:00 (GMT 0)

Price per PIE : 0.00000007
PIE amount : 371282581.42857152 (from 400M)
Total   BTC amount : 25.9897807
BTC total :  25.9897807

just waiting what happen after ICO end 

When the ICO ends we will weigh our options but we have been steadily building as we have been going along. If a lot of PIE are not sold and burned then that means the actual supply of PIE will be very low. A low supply will create a very high demand based on our long-term goals.

The PIE community is very supportive so we will make it work.

We will be making updates to reflect our progress.

do I understand correctly that you are not going to burn the coins after ICO and you do not think that in this Tampa you substitute investors.people bought the coin and knew what would happen burning and right now, you say what you think to burn or not

If they dont burn unsold coins, price may become less than 1 Satoshi and the coin will eventually die.
Dev must clearly mention it that unsold coins will be burnt.

[btcdie]

Closing time:
2017-02-19 18:00 (GMT 0)

Price per PIE : 0.00000007
PIE amount : 371282581.42857152 (from 400M)
Total   BTC amount : 25.9897807
BTC total :  25.9897807

just waiting what happen after ICO end 

When the ICO ends we will weigh our options but we have been steadily building as we have been going along. If a lot of PIE are not sold and burned then that means the actual supply of PIE will be very low. A low supply will create a very high demand based on our long-term goals.

The PIE community is very supportive so we will make it work.

We will be making updates to reflect our progress.

do I understand correctly that you are not going to burn the coins after ICO and you do not think that in this Tampa you substitute investors.people bought the coin and knew what would happen burning and right now, you say what you think to burn or not

If they dont burn unsold coins, price may become less than 1 Satoshi and the coin will eventually die.
Dev must clearly mention it that unsold coins will be burnt.

its clear, explanation on your quote above 

[termion]

I see, that not all devs on c-cex burn unsold coins... Will see about dev PieCoin...

[termion]

Maybe - refund, and ICO on liqui.io ( i remember Round )

[ghostfaceuk]

Looks like we may be in this part of the ICO now

Provided that the ICO is successful, if there were no other conditions declared publicly C-CEX will freeze the ICO proceeds for 5 days in order to achieve the following: verify blockchain & network stability and adherence to the stated ICO/coin parameters.;

After the successful completion the above requirements, at the end of the 5 day period, C-CEX will unlock the account which holds the ICO proceeds. If any network or wallet problems arise during this 5 day trial period, the developers have until the end of this trial period to rectify them. If problems persist at the end of the 5 day trial period, C-CEX will refund the investors using the ICO proceeds and consider the ICO failed and cancelled.

[gawlea]

"PieCoin Social Sending makes it possible for people to send payment directly to another person through social media."
This sound inresting, nice feature. Good work dev!

[lupanar]

Is it ICO finished? It succeed?

[termion]

Is it ICO finished? It succeed?

5 BTC collected ...

[lupanar]

Is it ICO finished? It succeed?

5 BTC collected ...

So what's the ICO min amount of BTC?

[btcdie]

Is it ICO finished? It succeed?

5 BTC collected ...

So what's the ICO min amount of BTC?

i think piecoin dont have threshold for ICO and project will continue.

[gradys225]

so ICO is Over when there will be burning?

[btcdie]

so ICO is Over when there will be burning?

read this..

To the best of my knowledge part of the agreement with C-Cex is that any coins not sold during the ICO has to be destroyed.

This is from C-Cex's ICO rules

ICO rules
The coin team must provide the wallet source code so we can compile and test it and receive the ICO premine transfer.
The coin team must provide the coin logo for listing. Forum thread, website and block explorer links are preferrable.
4 BTC paid before ICO is listed, unless special circumstances arise. ICO fee is non-refundable.
In the event the ICO does not sell out, coin team have the right to either refund investors or continue to launch and we can destroy the remaining premine. Coin developers must state if they are going to destroy unsold premine in this case.

As dev has stated the ICO will continue then the rest of the coins will be burned by C-Cex

Looks like we may be in this part of the ICO now

Provided that the ICO is successful, if there were no other conditions declared publicly C-CEX will freeze the ICO proceeds for 5 days in order to achieve the following: verify blockchain & network stability and adherence to the stated ICO/coin parameters.;

After the successful completion the above requirements, at the end of the 5 day period, C-CEX will unlock the account which holds the ICO proceeds. If any network or wallet problems arise during this 5 day trial period, the developers have until the end of this trial period to rectify them. If problems persist at the end of the 5 day trial period, C-CEX will refund the investors using the ICO proceeds and consider the ICO failed and cancelled.

[genegene]

This coin is Good for longterm so get your slice now..😊😊