[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2

[MartiniBlanco]

So , the guys that did only the second ipco for 0.01 btc are getting 32,000 RDD, while they could have bought 200,000 for the same 0.01btc at coinmarket.io?
Am I right or am I missing something?
http://www.reddcoin.com/ipo-result/

Guess u r right. But whats ur point? Everybody can do the math before investing!

 
Off course I can do my own math, my ticket is 586. Compared to the coinmarket.io price I don't really like the deal. I did it because I like RDD and buying on coinmarket would have cost me 5 sat.

Pretty sad for the small investors and not really good for community building when these guys made such a deal. But, okay it are only a handfull of guys.
It's something to learn from, I think. I understand this system where the big bits get a better share will bring in more btc, but overall I don't like it.

1.
Wow! You are a pretty big investor! When my math is correct you got 1 RDD for under 4 sat now! Why dont u like the deal?
2.
Its true that small investors have now a higher average price per coin then on coinmarket.io. That could be seen as unfair or just part of the proposed deal. I think that may also motivate the long term will for success in a broader community.
3.
I am a first stage investor. I took a higher risk for early adopting and i find it appropriate to get rewarded with a higher share. Early adopting may pay off or simple doesnt. Thats my risk as an investor believing in an innovation and the people behind it or not.

Well I just have these feelings;
1. Small investors making a bad start at a coin is not so nice.
2. My price is 3,78 RDD/BTC, which is not bad compared to coinmarket.io. But the big IF is, I cannot sell when I think things go the wrong way with RDD. So even my deal is not fantastic, estimating we will be trading around 4-5 sat. I have invested in USDE and KDC and 1 week ago, I didn't like the way both of them making little progress, so I sold and as for now it saved me money. So, not being able to sell RDD ( in case..) is a big disadvantage in this quickly changing altcoin business.
3. But the positiv feeling is, the dev team gets a lot of btc to work with and the fact that many people like to pay this price is a good sign.

I understand your feelings and doubts. On the other hand it seems u trusted some people with a business modell here, giving them over 9BTC in advance, never sure to get them back. How many doubts did u have when tranfering these 9BTC? Just want to say you believed in sth here, just concentrate on the positive, helpful things like ur #3. And more importantly lets support us all the coin! Lets spread it, talk about it, use it, develop it....! Lets be a community!!

[dzarmush]

Glad to be part of it. You did a great job and I'm sure you'll do even better with a little help of investors.

Reddcoin soundtrack  

http://www.youtube.com/watch?v=po4zLLNxOxE

[41136169]

everybody are caring their investment return, the return depend on Reddcoin future building.
now reddcoin have 160 BTC building funds, reddcoin have a higher start point than Doge.
reddcoin have the similar  total quantity with Doge, so how about the future reddcoin price in your mind?

[pabloangello]

everybody are caring their investment return, the return depend on Reddcoin future building.
now reddcoin have 160 BTC building funds, reddcoin have a higher start point than Doge.
reddcoin have the similar  total quantity with Doge, so how about the future reddcoin price in your mind?

To the moon and beyond.

[41136169]

everybody are caring their investment return, the return depend on Reddcoin future building.
now reddcoin have 160 BTC building funds, reddcoin have a higher start point than Doge.
reddcoin have the similar  total quantity with Doge, so how about the future reddcoin price in your mind?

To the moon and beyond.

1/4 will be 50satoshi

[Xubu]

My conclusion on the ICPO. The second stage investors are the fools. Stage one investors (like myself) are the winners.

 

[Xubu]

everybody are caring their investment return, the return depend on Reddcoin future building.
now reddcoin have 160 BTC building funds, reddcoin have a higher start point than Doge.
reddcoin have the similar  total quantity with Doge, so how about the future reddcoin price in your mind?

Are you talking about a start point? Redd is already started 3 weeks ago. Am i missing someting?

[multibit]

So , the guys that did only the second ipco for 0.01 btc are getting 32,000 RDD, while they could have bought 200,000 for the same 0.01btc at coinmarket.io?
Am I right or am I missing something?
http://www.reddcoin.com/ipo-result/

Here is my calculation

IPO price = 9.28709067 BTC / 252,603,270 RDD
= 0.000000037 = 3.7 Satoshi

Whereas Coinmarket.io = 4 or 5 Satoshi

[strato1541]

Someone has thinks to put a video on youtube? About reddcoin....maybe connect with bitcoin explanation?
I think that is a way to increase interest to reddcoin...

[joknjokn]

Faucet and Coin Joke Battle online again. Sorry for the downtime!

Faucet: http://redd.cravegig.com/

Coin Jokes: http://coinjokes.cravegig.com/


I will soon change server, update logo, design and other stuff.

[ReddCoin]

Hi everyone,

Result are final, I didn't change anything!

Sending the coins soon...

thanks

Reddcoin

[josg21]

Funny, I set the bar at 9 btc. Then all you last minute fools out did me by a fraction of a btc. Lucky I was asleep, or I would have kept going Congrats to everyone and the RDD Coin team!

[ReddCoin]

Hi everyone,

The first payment was sent!

Please make sure you have receive 1.111% of the total coins you are entitled to (Total coins column / 90). If you didn't receive 1.111%, contact us.

If you didn't receive your payment, did you send your Reddcoin address? We sent an email last week explaining how you can send your address. If you didn't receive the email, contact us.

When you contact us, make sure you provide your investor ID and your email address.

support@reddcoin.com

UPDATE:

It seem like many transactions are still at 0 confirmation so that probably why some of you didn't receive the coins yet. I'm keeping a close eye on the process and transactions are being confirmed slowly.

Please be patient before emailing us. I will give you another update in a couple of hours.

thanks

Reddcoin

[multibit]

Hi everyone,

The first payment was sent!

Please make sure you have receive 1.111% of the total coins you are entitled to (Total coins column / 90). If you didn't receive 1.111%, contact us.

If you didn't receive your payment, did you send your Reddcoin address? We sent an email last week explaining how you can send your address. If you didn't receive the email, contact us.

When you contact us, make sure you provide your investor ID and your email address.

support@reddcoin.com

Thanks,

Reddcoin

Not received. Email sent. ID = 344.

[Xubu]

Hi everyone,

The first payment was sent!

Please make sure you have receive 1.111% of the total coins you are entitled to (Total coins column / 90). If you didn't receive 1.111%, contact us.

If you didn't receive your payment, did you send your Reddcoin address? We sent an email last week explaining how you can send your address. If you didn't receive the email, contact us.

When you contact us, make sure you provide your investor ID and your email address.

support@reddcoin.com

Thanks,

Reddcoin

I can confirm that the first payment is in here.

Thanks.

[41136169]

I received my 1.11%

[s4ndm4ns]

Didnt get anything, mail sent

[joknjokn]

Received!

[nightengale]

Alright... Now that the distribution has commenced, a PSA about dumping... Remember that this coin has gotten very little exposure as far as exchanges are concerned. Given that it actually has a business plan, utility, and people working on services and infrastructure. The value is likely to go a lot higher than 5 satoshis.

[zalp]

Hi everyone,

The first payment was sent!

Please make sure you have receive 1.111% of the total coins you are entitled to (Total coins column / 90). If you didn't receive 1.111%, contact us.

If you didn't receive your payment, did you send your Reddcoin address? We sent an email last week explaining how you can send your address. If you didn't receive the email, contact us.

When you contact us, make sure you provide your investor ID and your email address.

support@reddcoin.com

Thanks,

Reddcoin

ID = 310

Received! Thanks!