Tezos discussion

[Almeida]

What, aside from marketing and collecting money, have the team accomplished since they started this thing 3 years ago?
I still have no idea why this will be better than eth in any significant way, and if not why would anyone buy it at this valuation?

Who has ever dared to claim this project is comparable (let alone better than) Ethereum? Do you have a link? After BTC, the only ingenious project was Ethereum. It will remain so for many years to come. I have only BTC and ETH because I believe in them.

ditto

[CoinCidental]

snap

[mike77777]

Who has ever dared to claim this project is comparable (let alone better than) Ethereum? Do you have a link? After BTC, the only ingenious project was Ethereum. It will remain so for many years to come. I have only BTC and ETH because I believe in them.

you can believe in whatever you want: ufo, aliens, moon landing, but no one wants to hear about it

[mtnsaa]

What, aside from marketing and collecting money, have the team accomplished since they started this thing 3 years ago?
I still have no idea why this will be better than eth in any significant way, and if not why would anyone buy it at this valuation?

Who has ever dared to claim this project is comparable (let alone better than) Ethereum? Do you have a link? After BTC, the only ingenious project was Ethereum. It will remain so for many years to come. I have only BTC and ETH because I believe in them.

Ethereum was also frowned upon by BTC maximalists (still is). Self-governance is a serious issue as we are seeing it and as I mentioned, my dream is that blockchains projects can somehow solve it but as it's an human problem (at least its source) it will be very hard to get there. Countries have disintegrated, sometimes for the better but obviously the more resources it has, the better it will be long term, this applies to blockchain projects just the same. In Ethereum case, 99.9% of its resources were intact after the DAO split, all companies, dapps and devs were united, ETC is a whole different thing altogether.

With Bitcoin we don't know what could happen (I really hope they can all resume peaceful dialog but I guess we are way beyond that point).

[keithers]

Well I think it is pretty obvious by now that Tezos is going to set the new record for most money raised for an ICO.  With still over 10 days to go...despite it definitely slowing down since the first 24 hours...I think they may have already passed EOS in terms of United States Dollar equivalent in terms of contribution.

The one sticky point (of many), is the verbiage on the term of the contribution (whether this is legal jargon or not), it clearly states that contributions do not guarantee any amount of XTC with the coin is actually issued.

I allocated some funds for this project, but there is going to be a major outcry if early contributors do not even receive any coins when they are actually issued.

[duke944]

What, aside from marketing and collecting money, have the team accomplished since they started this thing 3 years ago?
I still have no idea why this will be better than eth in any significant way, and if not why would anyone buy it at this valuation?

Who has ever dared to claim this project is comparable (let alone better than) Ethereum? Do you have a link? After BTC, the only ingenious project was Ethereum. It will remain so for many years to come. I have only BTC and ETH because I believe in them.

If it's not comparible to eth, then what is the point of it and why are people buying at such a high valuation? I'm with you, I think bitcion and ethereum are much better held than thrown at this, just wondering what I'm missing. If it was cheap like Lisk was, then I can see taking a punt because of the huge room for price growth.

[J_A_Bankster]

Tezos should announce to stop the ICO by Friday... They have already bagged more than they need for development... It is in our interest as investors to not let this escalate... If the number of tokens will depend on the money raised... letting this go on for another week and a half is only diluting our value...

I know this won't happen but anyone agree with this general line of thought?

[DollaHolla]

Wow i heard no token release for 2 years 

[Dudeniks]

I am not in reading white papers so this is all i came to understand by reading about tezos

It's not really comparable to ETH but they seem to have some pretty good ideas in terms of updates within the whole system. They claim they solved problems like the btc unlimited vs segwit fork diskussion via decisions of the token holders. They also claim that they can use any blockchain technology underlying the tokens, again via decision of the token holders.

Main problems for me are

- three years of work -> no wallet, no working system, still need more time
- shitloads of tokens and FIAT going directly to DLS (8,5% FIAT and 10% Tokens) and to the developers (again 8,5% FIAT and 10% Tokens)
- developers and sponsors knee deep banksters -> banksters are THE evil on this planet
- evil deals with big money even before crowdsale, no one knows how many tokens already are sold or what deals are made
- closed slack becaus of critical questions (officially scammers, of course)
- fuck the community attitude (although most successful people are complete and utter sociopaths, must not be that negative)
- unlimited tokens -> prices will fall to the mariana trench hitting exchanges
- already ultralarge whales let alone by the 20% tokens for developers and DLS, how should ever a democratized decentralized decision take place, which they claim as benefit
- 8,5% for the developers and 8,5% for their company, they won't have time for this project whilst buying bentleys and yaughtsand nice chalets at the loire river

again this is my personal view, i can not guarantee that my claims are right, these are just the reasons why i backed off and maybe will buy in december diving to the mariana trench

[mtnsaa]

Tezos should announce to stop the ICO by Friday... They have already bagged more than they need for development... It is in our interest as investors to not let this escalate... If the number of tokens will depend on the money raised... letting this go on for another week and a half is only diluting our value...

I know this won't happen but anyone agree with this general line of thought?

Most of the investment bulk already happened because of the 20% bonus, I doubt the pace will be the same in the next upcoming days with some final contribution by speculators at the end of it depending on the final token supply/price per token. Either way, while I don't think an uncapped ICO is the best method, this one really is a long term project and they need as much money as possible. Remember Ethereum was one of the most well funded ICO but ended up almost with no money, burning through all the funds at one point.

[kalisto]

is this coin better then skycoin?

[Almeida]

Tezos should announce to stop the ICO by Friday... They have already bagged more than they need for development... It is in our interest as investors to not let this escalate... If the number of tokens will depend on the money raised... letting this go on for another week and a half is only diluting our value...

I know this won't happen but anyone agree with this general line of thought?

Tell me how that tezos PoS "democracy" is gonna work with the stakes we've been watching so far...

[forplan]

It's this OK? When i check my contribution i see on right up corner like this (i contribution with ETH) :

0.0000000 XBT   ->   0.00 XTZ
?!!? ETH   ->   0.00 XTZ

and down:
                                                              XTZ    ETH
Transactions hashes 0x123456789            0.00     ?!?

I can't see how many Tezos i have? For you same?
   

[Romualdinho]

It's this OK? When i check my contribution i see on right up corner like this (i contribution with ETH) :

0.0000000 XBT   ->   0.00 XTZ
?!!? ETH   ->   0.00 XTZ

and down:
                                                              XTZ    ETH
Transactions hashes 0x123456789            0.00     ?!?

I can't see how many Tezos i have? For you same?
   

Minimal contribution is 0.1 BTC, are you sure you've sent sufficient funds ?

[duke944]

Wow i heard no token release for 2 years  

So the rumours are from 2 months to 2 years. I guess it's too much to ask of these now rich developers to chime in? yeah, thought so.

If buyers think there is fud now wait till this shit hits the exchanges, fagetaboutit. 
I think the complete lack of discourse from the Tezos team during and before this ico speaks volumes about their douchebag attitudes. I doubt it will improve when the ico completes.

[forplan]

It's this OK? When i check my contribution i see on right up corner like this (i contribution with ETH) :

0.0000000 XBT   ->   0.00 XTZ
?!!? ETH   ->   0.00 XTZ

and down:
                                                              XTZ    ETH
Transactions hashes 0x123456789            0.00     ?!?

I can't see how many Tezos i have? For you same?
   

Minimal contribution is 0.1 BTC, are you sure you've sent sufficient funds ?

Aha i tested address with 0,5ETH
I was planed to send more, but now i was wait because i didn't see right numbers... I hope that's not lost funds...

[duke944]

By the way, how do we know this project wasn't started and abandoned back in 2014, only to be recently picked back up to cash in on the current ico craze? I find the total lack of communication by the team disturbing.

[EbonHawk]

It's this OK? When i check my contribution i see on right up corner like this (i contribution with ETH) :

0.0000000 XBT   ->   0.00 XTZ
?!!? ETH   ->   0.00 XTZ

and down:
                                                              XTZ    ETH
Transactions hashes 0x123456789            0.00     ?!?

I can't see how many Tezos i have? For you same?
   

Minimal contribution is 0.1 BTC, are you sure you've sent sufficient funds ?

Aha i tested address with 0,5ETH
I was planed to send more, but now i was wait because i didn't see right numbers... I hope that's not lost funds...

You need to put an amount of Eth equivalent to 0.1 BTC, or gonna be refunded after the sales end. You can read about it here https://tezos.ch/minimum-contribution-to-the-fundraiser.html#minimum-contribution-to-the-fundraiser

[joel-lee]

Hello-

Looking at the Tezos white paper, I found no information about what percentage of coins would be allocated to crowdsale participants.  I found another document (Tezos_Overview.pdf) that includes a graphic that suggests ~70% will be allocated to crowdsale buyers, however, no precise number is given.  Am I reading this correctly?  Is there anywhere a precise number is given (instead of a little pie graph cartoon)?

Thanks!

[keithers]

Well all of us that have participated, it looks like we are now part of largest ICO to date. We should get a Guinness Book of World Records Certificate lol!

It remains to be seen if we are the smartest early contributors, or the dumbest donators of all time.