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[AndreiBucaciuc]

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[AndreiBucaciuc]

Glad to hear 

[Machina_US]

Glad to hear 

i'm interested too
and i see there is a bounty for translation, and can i take an indonesian translation for this ICO ?

[mcfom]

What is hard cap of this ICO as countdown showing 200 million coins are linked there. You create smart contract on Ethreum blockchain so many things are missing into OP. Please complete the OP first that is really confusing.

[mrhans]

The whitepaper looks good, but you should really stop stating something like "designed to be 300% profitable". It's not, it can, most likely it won't. It's more professional to not claim something like that

[AndreiBucaciuc]

I mean, I totally get your point and it definitely sounds like a cliché, but the profitability and the revenue algorithm in theory should reward from 100% to 300% more revenue than normal mining, all things considered. It's not just a random number thrown. But yeah, I might reformulate it.
Thanks.

[draculacoin]

How many coins?

[AndreiBucaciuc]

How many coins?

200 mill coins for the ICO.

[AndreiBucaciuc]

Glad to hear 

i'm interested too
and i see there is a bounty for translation, and can i take an indonesian translation for this ICO ?

yes, you can take it

[TheKryptonian]

Some questions:

Am I correct in noting that miners are being paid in CryptoSoft Coins for mining?  If so, what is happening with the coins actually being mined (like ETH right now)?  Is the ETH being mined sold for USD?  Who is keeping that USD? You?

So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange.  What is going to drive pressure on the buy side of the CryptoSoft Coin?  It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value.  But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly?  Why would I choose instead to buy CryptoSoft Coin and vote for that coin?

[AndreiBucaciuc]

Some questions:

Am I correct in noting that miners are being paid in CryptoSoft Coins for mining?  If so, what is happening with the coins actually being mined (like ETH right now)?  Is the ETH being mined sold for USD?  Who is keeping that USD? You?

So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange.  What is going to drive pressure on the buy side of the CryptoSoft Coin?  It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value.  But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly?  Why would I choose instead to buy CryptoSoft Coin and vote for that coin?

Great questions, there will be a limited amount of CryptoCoins - that means we will have to use the ETH (for example) to rebuy some of our coins from the market.
There will mainly be 3 people buying the coin - the ones that are looking to hold and hope to make money from the coin raising, the stake miners and us.
You, as an investor would rather chose to stake mine because you will be making a higher ROI by staking than buying the actual coin. Similar to buying and selling stocks in a way.

I don't think the value of the coin is directly affected by the fact that stake miners guess right or wrong. The ones that are directly affected are miners.

[TheKryptonian]

Some questions:

Am I correct in noting that miners are being paid in CryptoSoft Coins for mining?  If so, what is happening with the coins actually being mined (like ETH right now)?  Is the ETH being mined sold for USD?  Who is keeping that USD? You?

So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange.  What is going to drive pressure on the buy side of the CryptoSoft Coin?  It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value.  But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly?  Why would I choose instead to buy CryptoSoft Coin and vote for that coin?

Great questions, there will be a limited amount of CryptoCoins - that means we will have to use the ETH (for example) to rebuy some of our coins from the market.
There will mainly be 3 people buying the coin - the ones that are looking to hold and hope to make money from the coin raising, the stake miners and us.
You, as an investor would rather chose to stake mine because you will be making a higher ROI by staking than buying the actual coin. Similar to buying and selling stocks in a way.

I don't think the value of the coin is directly affected by the fact that stake miners guess right or wrong. The ones that are directly affected are miners.

Thank you for responding.  I don't think your whitepaper actually says you will use the underlying mined coins to repurchase CryptoCoins.  And in fact, unless you commit to using 100% of the mined earnings to buy CryptoCoins, it sounds like you will be keeping a bonus on top of the mining fee, so I think the % you are committing to allocate to purchasing should be made clear so that people know how much you are keeping.


Sorry if the whitepaper does explain this and I just missed it.

[AndreiBucaciuc]

Thank you for responding.  I don't think your whitepaper actually says you will use the underlying mined coins to repurchase CryptoCoins.  And in fact, unless you commit to using 100% of the mined earnings to buy CryptoCoins, it sounds like you will be keeping a bonus on top of the mining fee, so I think the % you are committing to allocate to purchasing should be made clear so that people know how much you are keeping.
Sorry if the whitepaper does explain this and I just missed it.

Yeah, you're right I think I ought to mention the rebuying part and I will make sure to add it in the next 24 hours.
As for the % I am not sure I'm able to give one because it will be really up to the miners, coin market's price and a whole lot of other variables to consider.
But the goal is always to have enough coins available to pay the miners for their effort and the stake miners for their winnings.
But indeed, a given percentage makes things more transparent and I will think of a solution and update the Whitepaper.
Thanks.

[sssergy]

Your application does not work. Windows 7 x64

[alonseider007]

Interesting project, I sign, the mining industry in his page is OK, a greeting 

[pinball_wizard]

Idea sounds good...lookin sure to the platform, I will be mining first days of september...

[alonseider007]

That purse uses this currency? I am a new little like that deal on this world, it looks like to me a good project and because of it me and position to mining with you, I wait mas you notify thank you

[alonseider007]

Where the eth go and etc that I mine and for that it marks the value of the currency, I take 56 coins that serian approximately 2.8 dollars and when and where pus to change these coins thank you

[AndreiBucaciuc]

Your application does not work. Windows 7 x64

Mind getting on discord and explain what's not working exactly? Thanks.

[AndreiBucaciuc]

Where the eth go and etc that I mine and for that it marks the value of the currency, I take 56 coins that serian approximately 2.8 dollars and when and where pus to change these coins thank you

The coin will be created at the beginning of the ICO and all the funds will be transferred to your wallets.
After the ICO's we will work to get the coin accepted on most markets so you will be able to sell them or trade for other coins.