irpilot
Newbie
Offline
Activity: 11
Merit: 0
|
|
April 16, 2014, 03:30:42 AM |
|
I made a small investment in the IPO. Email sent.
This coin looks awesome. I'm pretty stoked about x11! What does the open beta consist of?
A beta version of the functioning wallet client. Awesome. Look forward to it!
|
|
|
|
|
dinEDG (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
April 16, 2014, 04:01:01 AM |
|
Thank you! Be sure to check by tomorrow
|
|
|
|
dinEDG (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
April 16, 2014, 05:06:18 AM |
|
I made a small investment in the IPO. Email sent.
This coin looks awesome. I'm pretty stoked about x11! What does the open beta consist of?
A beta version of the functioning wallet client. Awesome. Look forward to it! Great I'll see you there
|
|
|
|
Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
|
|
April 16, 2014, 05:12:10 AM |
|
Hi everybody, I like to play a bit with numbers to check things out. The (lack of) numbers on the IPO still gave me enough info to conclude that in stage 1, you would get probably 3 times the amount of coins for your investment For LTC transactions, I translated the value to 1/40 of BTC value. Stage one (Direct investors) BTC: 8.5045 %: 0.3095 Coins: 1.29621 Stage 2BTC: 0.7665 %: 0.9995 Coins: 2.92 Escrow:BTC: 19.36 %: 0.6893 Coins: 3.011 For stage 1 this means that 1BTC investment, gets you 152,414,604 EDGEThe escrow of course gives no good indication of the amount of BTC invested via that route, but combining the data from the site with the info from the blockchain, shows a lot of info is missing. Blockchain( https://blockchain.info/address/1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA): Total Bitcoins received: 28.46216232 BTC Total Bitcoins send (refunds?): 1.7536571 BTC Current amount: 26.71440522 BTC Looking at the percentages from stage one, you can see how much money was actually contributed via the escrow (the % of the amount of coins). This leads to the conclusion that 8.5045/0.30595 = 27.797 BTC was invested in stage 1This means that 27.797-8.5095= 19.2875 BTC was invested in Stage 1 via EscrowOf the escrow money 19.36-19.28= 0.08 BTC was for phase 2. This lack of information makes it really hard to estimate how much money was invested in stage 2, since they simply did not update the information. However, I can make a prediction. The blockchain shows they received 26.71 BTC in total. That means that 26.71-8.5045 = 18.2055 BTC was invested in stage 2. Combining that with the prediction that only 30% was done via direct payment (like stage 1), this leads to the conclusion that 18.2055/0.3= 60 BTC was invested in stage 2This would mean that for stage two with 1 BTC investment you get 50,000,000 EDGEDevs, correct me if I'm wrong, but it would be fair to update people on this. The dev was open about the investments. THanks The investments at the moment for stage 1 and 2: Stage 1 including escrow = 27.6 BTC Stage 2 including escrow = 21.4 BTC This means with 1 BTC investment in stage 2, you currently get 140,186,915 EDGE, which is quite high for a second stage. Besides this, it all looks pretty legit, so this was the third IPO I invested in (after REDD and Heavycoin). It's all about how much you think you can trust them and hope they don't screw you over. I have a good feeling about this one. The IPO is almost ending, so I checked what extra investments were made. The blockchain shows they received 53.30 BTC in total. That means that 53.30-8.5045 = 44.80 BTC was invested in stage 2. During the last estimation, the escrow was about 15% of the total money, so I would estimate the total investment for phase 2 at 44.8/0.85=52.71BTC This would mean that a 1 BTC investment currently would get you 56,915,196.35 EDGE. As a stage 1 investor, I am happy I got there early.
|
Co-Founder and Managing Partner of Block Bastards
|
|
|
MinerP
|
|
April 16, 2014, 05:15:44 AM |
|
Hi everybody, I like to play a bit with numbers to check things out. The (lack of) numbers on the IPO still gave me enough info to conclude that in stage 1, you would get probably 3 times the amount of coins for your investment For LTC transactions, I translated the value to 1/40 of BTC value. Stage one (Direct investors) BTC: 8.5045 %: 0.3095 Coins: 1.29621 Stage 2BTC: 0.7665 %: 0.9995 Coins: 2.92 Escrow:BTC: 19.36 %: 0.6893 Coins: 3.011 For stage 1 this means that 1BTC investment, gets you 152,414,604 EDGEThe escrow of course gives no good indication of the amount of BTC invested via that route, but combining the data from the site with the info from the blockchain, shows a lot of info is missing. Blockchain( https://blockchain.info/address/1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA): Total Bitcoins received: 28.46216232 BTC Total Bitcoins send (refunds?): 1.7536571 BTC Current amount: 26.71440522 BTC Looking at the percentages from stage one, you can see how much money was actually contributed via the escrow (the % of the amount of coins). This leads to the conclusion that 8.5045/0.30595 = 27.797 BTC was invested in stage 1This means that 27.797-8.5095= 19.2875 BTC was invested in Stage 1 via EscrowOf the escrow money 19.36-19.28= 0.08 BTC was for phase 2. This lack of information makes it really hard to estimate how much money was invested in stage 2, since they simply did not update the information. However, I can make a prediction. The blockchain shows they received 26.71 BTC in total. That means that 26.71-8.5045 = 18.2055 BTC was invested in stage 2. Combining that with the prediction that only 30% was done via direct payment (like stage 1), this leads to the conclusion that 18.2055/0.3= 60 BTC was invested in stage 2This would mean that for stage two with 1 BTC investment you get 50,000,000 EDGEDevs, correct me if I'm wrong, but it would be fair to update people on this. The dev was open about the investments. THanks The investments at the moment for stage 1 and 2: Stage 1 including escrow = 27.6 BTC Stage 2 including escrow = 21.4 BTC This means with 1 BTC investment in stage 2, you currently get 140,186,915 EDGE, which is quite high for a second stage. Besides this, it all looks pretty legit, so this was the third IPO I invested in (after REDD and Heavycoin). It's all about how much you think you can trust them and hope they don't screw you over. I have a good feeling about this one. The IPO is almost ending, so I checked what extra investments were made. The blockchain shows they received 53.30 BTC in total. That means that 53.30-8.5045 = 44.80 BTC was invested in stage 2. During the last estimation, the escrow was about 15% of the total money, so I would estimate the total investment for phase 2 at 44.8/0.85=52.71BTC This would mean that a 1 BTC investment currently would get you 56,915,196.35 EDGE. As a stage 1 investor, I am happy I got there early. ? i was told i would get 160mill for .8btc
|
|
|
|
dinEDG (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
April 16, 2014, 05:20:14 AM |
|
Hi everybody, I like to play a bit with numbers to check things out. The (lack of) numbers on the IPO still gave me enough info to conclude that in stage 1, you would get probably 3 times the amount of coins for your investment For LTC transactions, I translated the value to 1/40 of BTC value. Stage one (Direct investors) BTC: 8.5045 %: 0.3095 Coins: 1.29621 Stage 2BTC: 0.7665 %: 0.9995 Coins: 2.92 Escrow:BTC: 19.36 %: 0.6893 Coins: 3.011 For stage 1 this means that 1BTC investment, gets you 152,414,604 EDGEThe escrow of course gives no good indication of the amount of BTC invested via that route, but combining the data from the site with the info from the blockchain, shows a lot of info is missing. Blockchain( https://blockchain.info/address/1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA): Total Bitcoins received: 28.46216232 BTC Total Bitcoins send (refunds?): 1.7536571 BTC Current amount: 26.71440522 BTC Looking at the percentages from stage one, you can see how much money was actually contributed via the escrow (the % of the amount of coins). This leads to the conclusion that 8.5045/0.30595 = 27.797 BTC was invested in stage 1This means that 27.797-8.5095= 19.2875 BTC was invested in Stage 1 via EscrowOf the escrow money 19.36-19.28= 0.08 BTC was for phase 2. This lack of information makes it really hard to estimate how much money was invested in stage 2, since they simply did not update the information. However, I can make a prediction. The blockchain shows they received 26.71 BTC in total. That means that 26.71-8.5045 = 18.2055 BTC was invested in stage 2. Combining that with the prediction that only 30% was done via direct payment (like stage 1), this leads to the conclusion that 18.2055/0.3= 60 BTC was invested in stage 2This would mean that for stage two with 1 BTC investment you get 50,000,000 EDGEDevs, correct me if I'm wrong, but it would be fair to update people on this. The dev was open about the investments. THanks The investments at the moment for stage 1 and 2: Stage 1 including escrow = 27.6 BTC Stage 2 including escrow = 21.4 BTC This means with 1 BTC investment in stage 2, you currently get 140,186,915 EDGE, which is quite high for a second stage. Besides this, it all looks pretty legit, so this was the third IPO I invested in (after REDD and Heavycoin). It's all about how much you think you can trust them and hope they don't screw you over. I have a good feeling about this one. The IPO is almost ending, so I checked what extra investments were made. The blockchain shows they received 53.30 BTC in total. That means that 53.30-8.5045 = 44.80 BTC was invested in stage 2. During the last estimation, the escrow was about 15% of the total money, so I would estimate the total investment for phase 2 at 44.8/0.85=52.71BTC This would mean that a 1 BTC investment currently would get you 56,915,196.35 EDGE. As a stage 1 investor, I am happy I got there early. ? i was told i would get 160mill for .8btc His numbers are off, but we are making investments at an alarmingly fast rate. Your 0.8 BTC gets you around 80 million right now, which is regardless a huge amount.
|
|
|
|
dinEDG (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
April 16, 2014, 05:34:40 AM |
|
Night guys. Big step forward tomorrow.
Be prepared to download the beta, passwords will be out the following day.
|
|
|
|
Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
|
|
April 16, 2014, 06:12:38 AM |
|
Hi everybody, I like to play a bit with numbers to check things out. The (lack of) numbers on the IPO still gave me enough info to conclude that in stage 1, you would get probably 3 times the amount of coins for your investment For LTC transactions, I translated the value to 1/40 of BTC value. Stage one (Direct investors) BTC: 8.5045 %: 0.3095 Coins: 1.29621 Stage 2BTC: 0.7665 %: 0.9995 Coins: 2.92 Escrow:BTC: 19.36 %: 0.6893 Coins: 3.011 For stage 1 this means that 1BTC investment, gets you 152,414,604 EDGEThe escrow of course gives no good indication of the amount of BTC invested via that route, but combining the data from the site with the info from the blockchain, shows a lot of info is missing. Blockchain( https://blockchain.info/address/1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA): Total Bitcoins received: 28.46216232 BTC Total Bitcoins send (refunds?): 1.7536571 BTC Current amount: 26.71440522 BTC Looking at the percentages from stage one, you can see how much money was actually contributed via the escrow (the % of the amount of coins). This leads to the conclusion that 8.5045/0.30595 = 27.797 BTC was invested in stage 1This means that 27.797-8.5095= 19.2875 BTC was invested in Stage 1 via EscrowOf the escrow money 19.36-19.28= 0.08 BTC was for phase 2. This lack of information makes it really hard to estimate how much money was invested in stage 2, since they simply did not update the information. However, I can make a prediction. The blockchain shows they received 26.71 BTC in total. That means that 26.71-8.5045 = 18.2055 BTC was invested in stage 2. Combining that with the prediction that only 30% was done via direct payment (like stage 1), this leads to the conclusion that 18.2055/0.3= 60 BTC was invested in stage 2This would mean that for stage two with 1 BTC investment you get 50,000,000 EDGEDevs, correct me if I'm wrong, but it would be fair to update people on this. The dev was open about the investments. THanks The investments at the moment for stage 1 and 2: Stage 1 including escrow = 27.6 BTC Stage 2 including escrow = 21.4 BTC This means with 1 BTC investment in stage 2, you currently get 140,186,915 EDGE, which is quite high for a second stage. Besides this, it all looks pretty legit, so this was the third IPO I invested in (after REDD and Heavycoin). It's all about how much you think you can trust them and hope they don't screw you over. I have a good feeling about this one. The IPO is almost ending, so I checked what extra investments were made. The blockchain shows they received 53.30 BTC in total. That means that 53.30-8.5045 = 44.80 BTC was invested in stage 2. During the last estimation, the escrow was about 15% of the total money, so I would estimate the total investment for phase 2 at 44.8/0.85=52.71BTC This would mean that a 1 BTC investment currently would get you 56,915,196.35 EDGE. As a stage 1 investor, I am happy I got there early. ? i was told i would get 160mill for .8btc His numbers are off, but we are making investments at an alarmingly fast rate. Your 0.8 BTC gets you around 80 million right now, which is regardless a huge amount. That would mean you would currently get 80M/3000M = 2.67% of the stage 2 money. This would mean the total investment is 0.8/0.002677=29.884BTC. Looking at the BTC address you guys received 53.3 BTC and stage 1 only garnered 8.5 BTC via direct investments. How do you explain the difference? I like the way you approach the coin, but I really get the feeling that you do not want to be transparent, because you're afraid people will not invest.
|
Co-Founder and Managing Partner of Block Bastards
|
|
|
EnTiTy77
Newbie
Offline
Activity: 50
Merit: 0
|
|
April 16, 2014, 06:35:08 AM |
|
BC got smashed by whales over the last few days.
If EDGE does gain momentum, the whales will surely notice.
No game developer or any other goods provider in their right mind will incorperate or agree to accept a cryptocurrency while the market can be manipulated to the extent seen with BC.
Just to be clear, I am an investor, I like PoS coins and I really like EDGE's potential.
BUT... If I were a game developer and I saw what happened to BC... that would be a deal breaker for me.
Until some measures are in place to manage market manipulation, whether that be by implementation into the coin or the exchanges, no cryptocurreny is going to find a lasting position in mainstream transacting.
Do you have anything up your sleeve dinEDG? I hope so or this will be another pump and dump at best.
|
|
|
|
seek4dream
|
|
April 16, 2014, 06:45:49 AM |
|
Hi everybody, I like to play a bit with numbers to check things out. The (lack of) numbers on the IPO still gave me enough info to conclude that in stage 1, you would get probably 3 times the amount of coins for your investment For LTC transactions, I translated the value to 1/40 of BTC value. Stage one (Direct investors) BTC: 8.5045 %: 0.3095 Coins: 1.29621 Stage 2BTC: 0.7665 %: 0.9995 Coins: 2.92 Escrow:BTC: 19.36 %: 0.6893 Coins: 3.011 For stage 1 this means that 1BTC investment, gets you 152,414,604 EDGEThe escrow of course gives no good indication of the amount of BTC invested via that route, but combining the data from the site with the info from the blockchain, shows a lot of info is missing. Blockchain( https://blockchain.info/address/1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA): Total Bitcoins received: 28.46216232 BTC Total Bitcoins send (refunds?): 1.7536571 BTC Current amount: 26.71440522 BTC Looking at the percentages from stage one, you can see how much money was actually contributed via the escrow (the % of the amount of coins). This leads to the conclusion that 8.5045/0.30595 = 27.797 BTC was invested in stage 1This means that 27.797-8.5095= 19.2875 BTC was invested in Stage 1 via EscrowOf the escrow money 19.36-19.28= 0.08 BTC was for phase 2. This lack of information makes it really hard to estimate how much money was invested in stage 2, since they simply did not update the information. However, I can make a prediction. The blockchain shows they received 26.71 BTC in total. That means that 26.71-8.5045 = 18.2055 BTC was invested in stage 2. Combining that with the prediction that only 30% was done via direct payment (like stage 1), this leads to the conclusion that 18.2055/0.3= 60 BTC was invested in stage 2This would mean that for stage two with 1 BTC investment you get 50,000,000 EDGEDevs, correct me if I'm wrong, but it would be fair to update people on this. The dev was open about the investments. THanks The investments at the moment for stage 1 and 2: Stage 1 including escrow = 27.6 BTC Stage 2 including escrow = 21.4 BTC This means with 1 BTC investment in stage 2, you currently get 140,186,915 EDGE, which is quite high for a second stage. Besides this, it all looks pretty legit, so this was the third IPO I invested in (after REDD and Heavycoin). It's all about how much you think you can trust them and hope they don't screw you over. I have a good feeling about this one. The IPO is almost ending, so I checked what extra investments were made. The blockchain shows they received 53.30 BTC in total. That means that 53.30-8.5045 = 44.80 BTC was invested in stage 2. During the last estimation, the escrow was about 15% of the total money, so I would estimate the total investment for phase 2 at 44.8/0.85=52.71BTC This would mean that a 1 BTC investment currently would get you 56,915,196.35 EDGE. As a stage 1 investor, I am happy I got there early. ? i was told i would get 160mill for .8btc His numbers are off, but we are making investments at an alarmingly fast rate. Your 0.8 BTC gets you around 80 million right now, which is regardless a huge amount. That would mean you would currently get 80M/3000M = 2.67% of the stage 2 money. This would mean the total investment is 0.8/0.002677=29.884BTC. Looking at the BTC address you guys received 53.3 BTC and stage 1 only garnered 8.5 BTC via direct investments. How do you explain the difference? I like the way you approach the coin, but I really get the feeling that you do not want to be transparent, because you're afraid people will not invest. You are right about it. Dev seems not so good at math. I was intending to invest, but now it seems less and less appealing.
|
|
|
|
EnTiTy77
Newbie
Offline
Activity: 50
Merit: 0
|
|
April 16, 2014, 07:04:08 AM |
|
After watching closely at the recent mega-blackcoin-bubble and trying to understand the mechanisms I have one question.
Blackcoin also promised 'fair' distribution, and it did look fair at first. But when the top bagholders put 500BTC sell walls in after the crash the coin is basically held down by beached whales as nobody wants to buy into it now.
I want to invest in this coin, but if the coin looks very good and then becomes a bubble we're going to see beached whales again that hold the price down forever.
Fair distribution is hard, and whale-miners don't know how to exit the market properly without killing a coin.
Do you have any comments ?
What happens is the whales pump the coin up then sell to make profit. The degree of the price swing causes panic so everyone sells and the price dives back down to around where it started but with greatly increased volume. The whales buy up on the way down and re-enter the market by setting sell walls to keep the price low so they can continue to buy up a very large share of the coin. PoS coins would be extremely attractive as they not only profit in the pump but then when they mint from the extremely large share they gained in the dump and sell off the mined coins. There very clever in how they control the market, sell wall here, buy wall there... As much as I admire their skill in market manipulation they kill very good coins so their evil and they suck! Whales will undoubtedly kill PoS type coins if they are not somehow "dealt" with.
|
|
|
|
xcn
Newbie
Offline
Activity: 51
Merit: 0
|
|
April 16, 2014, 10:01:58 AM |
|
Hi! I want to invest, is it still possible?
|
|
|
|
arandy
|
|
April 16, 2014, 10:09:29 AM |
|
Big day for Edgecoin today can't wait to see the Beta and help testing it
|
|
|
|
CarlosWing
Member
Offline
Activity: 98
Merit: 10
|
|
April 16, 2014, 10:12:59 AM |
|
Do you guys have a team ready to announce the word and make good things happen for this coin? Otherwise it's time to recruit don't you think. Use a thinktank and rule the world.
|
|
|
|
Gentso1
|
|
April 16, 2014, 12:17:42 PM |
|
I just sent .0748 btc, trans id b3c0e7dc6af235427d14a08dec718ca6c42101ad959a1d1f43522b3d6100b090
|
|
|
|
idcweb
|
|
April 16, 2014, 12:48:43 PM |
|
520CN's EdgeCoin Chinses Pool!http://Edge.520Cn.ComPre-register your account now on 520Cn.Com! Random users who pre-registered will get 1% Fees forever! Trusted amongst the community, we will offer you peace of mind mining. Our servers are well maintained and our team competent. Our rock solid infrastructure and good global networking will ensure a good connectivity to our services, even under attacks.
|
|
|
|
eyal1
Newbie
Offline
Activity: 27
Merit: 0
|
|
April 16, 2014, 01:49:31 PM |
|
Can i enter the IPO now?
|
|
|
|
cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
|
|
April 16, 2014, 01:51:40 PM |
|
Can i enter the IPO now?
Yes a few hours left. I sent 0.5 to annon136 just about 1hour ago.
|
|
|
|
dinEDG (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
April 16, 2014, 02:05:42 PM |
|
Do you guys have a team ready to announce the word and make good things happen for this coin? Otherwise it's time to recruit don't you think. Use a thinktank and rule the world.
How do you think we've brought so much hype in the final days?
|
|
|
|
|