[ANN] Ebitz - 237 BTC in 8 days - POS - Zero Knowledge Proof - Deep Web

[Demarsac]

Hi Guys,

I thought i would share an idea i have and maybe people can give their feedback if it would work. I 'll try to be as brief as possible

First of all even free markets have regulations. The question is to find the right ones....

There are 2 problems to my understanding
1. Because of the 500 BTC cap the fastest and highest investors will take up most of the coins. This will create an oligarchy of people that own the coin from ICO launch.
On the contrary, the more different people join the ICO the more will have an interest thus more noise will be generated and more value the coin and bigger success in the long run.

2. If ICO investors throw and sell (even just their bonus amount) in the market that means about 2-5 million in the market as a supply from Day 1!!!
This will create an unevenly huge supply. The demand will not be able to cope with that because it will be in the early stages no matter how much you market/advertise it.
Equilibrium of supply & demand (at least in the early stages) is the best bet for longevity and success of this project.


So what i am proposing is:
For the true investors that believe in this project to create a rule of slow releasing of bought (Through ICO) Ebitz.
This would be 2% each day after official launch in exchanges. Which means in the period of 30 days someone will have 60% of his bought Ebitz (during ICO)

This will gain some very important things:
1. People that just want to pump and dump will not invest and only true investors with vision will invest
2. There will be a maturing phase during which people will get to know and trust Ebitz
3. There will be a conrolled supply in the early stages to offset small demand gradually increasing to meet people's needs


Imagine a person being born today and tomorrow to have to be 30 years old with responsibilities...
There is a reason everything happens gradually

This is me being brief ...


PS. True freedom comes through commitment. Even if you were the last person on earth you would still not be truly free. You would just be alone...

[1714871074]

1714871074

[1714871074]

1714871074

[1714871074]

1714871074

[DeadBirdzz]

Nope, the way I see it, the route for you to raise those 500 BTC should really be simple.

1. You get reputable escrower(s) in place.

2. You do your ICO successfully and raise your 500 BTC.

3. You deliver on that DM integration.

4. Escrower releases the funds

5. Hookers and Blow all round.

SIMPLES.

We appreciate your suggestion and we will keep it in mind. I ask you to wait until the weekend for our final decision. If our decision does not please you, you are free not to invest in us.

Thanks

I want to invest but your reticence in terms of escrow and the excuse about anonymity is just a bit strange.

[fortunecrypto]

Hi Guys,

I thought i would share an idea i have and maybe people can give their feedback if it would work. I 'll try to be as brief as possible

First of all even free markets have regulations. The question is to find the right ones....

There are 2 problems to my understanding
1. Because of the 500 BTC cap the fastest and highest investors will take up most of the coins. This will create an oligarchy of people that own the coin from ICO launch.
On the contrary, the more different people join the ICO the more will have an interest thus more noise will be generated and more value the coin and bigger success in the long run.

2. If ICO investors throw and sell (even just their bonus amount) in the market that means about 2-5 million in the market as a supply from Day 1!!!
This will create an unevenly huge supply. The demand will not be able to cope with that because it will be in the early stages no matter how much you market/advertise it.
Equilibrium of supply & demand (at least in the early stages) is the best bet for longevity and success of this project.


So what i am proposing is:
For the true investors that believe in this project to create a rule of slow releasing of bought (Through ICO) Ebitz.
This would be 2% each day after official launch in exchanges. Which means in the period of 30 days someone will have 60% of his bought Ebitz (during ICO)

This will gain some very important things:
1. People that just want to pump and dump will not invest and only true investors with vision will invest
2. There will be a maturing phase during which people will get to know and trust Ebitz
3. There will be a conrolled supply in the early stages to offset small demand gradually increasing to meet people's needs


Imagine a person being born today and tomorrow to have to be 30 years old with responsibilities...
There is a reason everything happens gradually

This is me being brief ...


PS. True freedom comes through commitment. Even if you were the last person on earth you would still not be truly free. You would just be alone...

It has never been employed before,ICO are for early birds investors,investors will not like if they cannot trade their coin,the life of any coin in the market is trading,let dumpers dump ,let the whale take a big bite this is how the game plays ,both scenarios are good for the coin marketcap and value,trading should not be restrain because  of the supply..

[kbroadfoot]

1. Roadmap

2. Solution to Zcash Problems

3. Alliances

4. Escrow

5. DarkWeb Connections

TheKB, how are you?, let me answer you each point:

1) About our development roadmap, as we said we are using the zcash code with three changes. This changes are particularly important and will allow the expansion of our project and his extensive use in dw. Zcash weaknesses were detected to create a better version. Plus to fork each zcash updates, we will add our own features to our project, not included in Zcash. We are not thinking about that, because is not the most important right now. We are open to suggestions like thezerg did. His suggestion is still valid and we will study about that. By the way we are open to more suggestions.

2) Sorry but I don havet answer for this, what is your specific question? 5% is really low amount of premine (the majority of project take 10-20 % as premine) and will be in a public address, so everyone could see if we spend it or not. The founder rewards on Zcash generate a sales pressure hard to maintain.

3) The agreements reached with each particular company will not be disclosed as it is obvious. But if you doubt the legitimacy of them you can consult with any of the companies named for the moment. We made a tweet to announce it and as far I know will be RT or comment for this companies to give it legitimacy (EDIT: Check https://twitter.com/BitLox/status/801621601280258049 - https://twitter.com/CoolBitXCOO/status/801697785300992000). More agreements will be revealed in the coming weeks. This is to create an ecosystem for Ebitz from the first day and to have a real use (and not be another useless coin).

4) It does not make sense, they are two different things. For the move we made with SebastianJu we use our own private funds and was a pretty low amount. If we reach our goal and we continue with our plans we will make some enemies for the nature of our proposal and that can become a witch hunt that we want to avoid. As we said before in our group are different views about this. But we have not made our final decision yet. During the weekend will be published our final decision. If our decision does not convince you simply do not invest in our solution.

5) It is quite the opposite, it is precisely because we have the contacts and the agreements that we need to create a proposal open to the public to give legitimacy to Ebitz. We do not want to create a closed sale like it was the case of Zcash but an open proposal for any user, that is the nature of Ebitz. It would do no good to create a closed proposal, it would have no use. As you know, we established a limit of 500 btc that we expect to achieve but still that amount is not excessive for the nature of our project. And as we said, we will contribute with our own funds (as we have already done) for the development of Ebitz.

Its a pleasure answer your questions, this will help to other users too.

Bye

Good answer! following this thread closely.

[kangertech]

ok guys i just logged in to prepare myself for the ICO, but ico page redirect to the home page, would be nice prepare the bitcoin address before it starts, isn't it?

[aioc]

Two days before the Ico and everything looking good on this ICO,all question have been answered in a timely manner,hopefully among all the ico being held before the year this one will be on the top ICO of 2016.

[twistelaar]

What I want to know is;

Do you prevent that people can invest more then 5btc for example??

Otherwise the Ebitz coins will be in perhaps in the hand of 100 people or so.

Is there an cap per registrant?

Thanks

[ChrisPop]

I have just been announced by qiwoman2 that she is very sick(flu). She does not have access to btctalk from there so he asked me to let you know that she's in bed at her parents resting and receiving treatment,but will try to get home by Monday. So most probably she won't be able to do the blog post about EBITZ news this weekend. Wish her the best!

[TheKB]

No. the main concern is... everything is on paper. there is no wallet .. genesis block.. whitepaper... etc.  which is a concern..

howerver, ther are a couple of hardware wallet companies seeming to show interest in this project. i wonder what they based their trust on, but it is verifiable from Bitlox site -> twitter link -> Ebitz reference

so i am very keenly looking at it but trying to connect the dots. i hope it turns out to be as good a coin as the Dev team proclaims to be!

[larryfromjapan]

Great Idea but Private git??  When will this be open sourced?

[icorating]

ICOrating team welcomes crypto community!

We list Ebitz on our site.

http://icorating.com/project/24/Ebitz

[extrabyte]

ICOrating team welcomes crypto community!

We list Ebitz on our site.

http://icorating.com/project/24/Ebitz

Great, feel free to contact us or join to our slack if you need more info.

Great Idea but Private git??  When will this be open sourced?

We are the first zcash based project to change the algo to PoS, so we are not going to make available our code until our project will be released. To do otherwise would be to the detriment of our investors.

I have just been announced by qiwoman2 that she is very sick(flu). She does not have access to btctalk from there so he asked me to let you know that she's in bed at her parents resting and receiving treatment,but will try to get home by Monday. So most probably she won't be able to do the blog post about EBITZ news this weekend. Wish her the best!

Dont worry, let's hope she is well and recover soon. Send her our greetings.

What I want to know is;

Do you prevent that people can invest more then 5btc for example??

Otherwise the Ebitz coins will be in perhaps in the hand of 100 people or so.

Is there an cap per registrant?

Thanks

There is no efficient way to do it. Any one could create multiple accounts to bypass that limit.

ok guys i just logged in to prepare myself for the ICO, but ico page redirect to the home page, would be nice prepare the bitcoin address before it starts, isn't it?

Remember that the ICO (http://www.ebitz.org/invest/) and Stats (http://www.ebitz.org/stats/) page will be available when the ICO starts. The site is ready to start on Monday.

Bye and thanks everyone for the feedback.

[BitLox]

No. the main concern is... everything is on paper. there is no wallet .. genesis block.. whitepaper... etc.  which is a concern..

howerver, ther are a couple of hardware wallet companies seeming to show interest in this project. i wonder what they based their trust on, but it is verifiable from Bitlox site -> twitter link -> Ebitz reference

so i am very keenly looking at it but trying to connect the dots. i hope it turns out to be as good a coin as the Dev team proclaims to be!

We have asked them for technical details, but none have been forthcoming. Since we have already been in the planning stages for supporting zcash, it's not difficult to support these guys.
I cannot vouch for the veracity of any of their claims.

[szafa]

This it it.

[robelneo]

Hi Guys,

I thought i would share an idea i have and maybe people can give their feedback if it would work. I 'll try to be as brief as possible

First of all even free markets have regulations. The question is to find the right ones....

There are 2 problems to my understanding
1. Because of the 500 BTC cap the fastest and highest investors will take up most of the coins. This will create an oligarchy of people that own the coin from ICO launch.
On the contrary, the more different people join the ICO the more will have an interest thus more noise will be generated and more value the coin and bigger success in the long run.

2. If ICO investors throw and sell (even just their bonus amount) in the market that means about 2-5 million in the market as a supply from Day 1!!!
This will create an unevenly huge supply. The demand will not be able to cope with that because it will be in the early stages no matter how much you market/advertise it.
Equilibrium of supply & demand (at least in the early stages) is the best bet for longevity and success of this project.


So what i am proposing is:
For the true investors that believe in this project to create a rule of slow releasing of bought (Through ICO) Ebitz.
This would be 2% each day after official launch in exchanges. Which means in the period of 30 days someone will have 60% of his bought Ebitz (during ICO)

This will gain some very important things:
1. People that just want to pump and dump will not invest and only true investors with vision will invest
2. There will be a maturing phase during which people will get to know and trust Ebitz
3. There will be a conrolled supply in the early stages to offset small demand gradually increasing to meet people's needs


Imagine a person being born today and tomorrow to have to be 30 years old with responsibilities...
There is a reason everything happens gradually

This is me being brief ...


PS. True freedom comes through commitment. Even if you were the last person on earth you would still not be truly free. You would just be alone...

I dont like this plan, the sale must be the most open possible. Each investor decide if want sell or hold. Waiting for the start of the ICO and the decision about the escrow and ICO cap.

Ebitz will be in a losing end here,because there will be no democracy here,trading is an open arena and supply and demand is what makes trading profitable..

After the Ico and trading start it's up to the market to play Ebitz,the dev to their part ,traders and exchange do their part too,I hope this idea will not be consider .

[extrabyte]

It is great to see this amount of external companies back up the Ebitz project and they even have a dark market inside, so big win.

I think that one of the biggest advantage of this project is that they are focusing on the real use of the coin and the ways to attrack more money/investments. This is great, a product to be successful must know how to sell itself. Like Steve Jobs who just sell the ideas of Dennis Ritchie or Thomas Edison with Nikola Tesla. The industry only takes existing ideas/tech (Zcash) and improves them and makes them attractive so that their use becomes massive. (Ebitz).

My opinion about the limit is that the best is remove it, the investors will decide if this project collect 100-500-1000 btc, it is an open sale.

I like this comment and vouch for this project. In one day the sale will start, are you ready?

Thanks for your support.

Hi Guys,

I thought i would share an idea i have and maybe people can give their feedback if it would work. I 'll try to be as brief as possible

First of all even free markets have regulations. The question is to find the right ones....

There are 2 problems to my understanding
1. Because of the 500 BTC cap the fastest and highest investors will take up most of the coins. This will create an oligarchy of people that own the coin from ICO launch.
On the contrary, the more different people join the ICO the more will have an interest thus more noise will be generated and more value the coin and bigger success in the long run.

2. If ICO investors throw and sell (even just their bonus amount) in the market that means about 2-5 million in the market as a supply from Day 1!!!
This will create an unevenly huge supply. The demand will not be able to cope with that because it will be in the early stages no matter how much you market/advertise it.
Equilibrium of supply & demand (at least in the early stages) is the best bet for longevity and success of this project.


So what i am proposing is:
For the true investors that believe in this project to create a rule of slow releasing of bought (Through ICO) Ebitz.
This would be 2% each day after official launch in exchanges. Which means in the period of 30 days someone will have 60% of his bought Ebitz (during ICO)

This will gain some very important things:
1. People that just want to pump and dump will not invest and only true investors with vision will invest
2. There will be a maturing phase during which people will get to know and trust Ebitz
3. There will be a conrolled supply in the early stages to offset small demand gradually increasing to meet people's needs


Imagine a person being born today and tomorrow to have to be 30 years old with responsibilities...
There is a reason everything happens gradually

This is me being brief ...


PS. True freedom comes through commitment. Even if you were the last person on earth you would still not be truly free. You would just be alone...

I dont like this plan, the sale must be the most open possible. Each investor decide if want sell or hold. Waiting for the start of the ICO and the decision about the escrow and ICO cap.

We will announce it later today.

Bye

[cungursia]

hi dev pliss reply my PM thanks

[extrabyte]

hi dev pliss reply my PM thanks

It is done. If you have any other doubts do not hesitate to send us another question.

[placebo]

Two days left and then ICO will start. Very important to get in the first wave as you will already have a nice discount.

25% discount. Lets make it simple: ICO price is 100 sats, so you can buy it at 75 sats. If it hit 200 sats then the late ICO investors earn 100% but you at your 75 sats will earn 166% profit, so that is 66% more profit then people that join at the end. Lets say it hit 300sats then late ICO investors earn 200% but you will earn 300% profit

[lestherat]

Two days left and then ICO will start. Very important to get in the first wave as you will already have a nice discount.

25% discount. Lets make it simple: ICO price is 100 sats, so you can buy it at 75 sats. If it hit 200 sats then the late ICO investors earn 100% but you at your 75 sats will earn 166% profit, so that is 66% more profit then people that join at the end. Lets say it hit 300sats then late ICO investors earn 200% but you will earn 300% profit

I have the feeling this ICO will reach the goal of 500 Btc in the first two hours.

We need an ico countdown.