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Author Topic: [Ann] Safecoin maidsafecoin  (Read 76456 times)
liondani
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April 23, 2014, 02:20:01 PM
 #381


Essentially, this means that they have not received the $amount they needed. So, who knows how long they might extend this whole thing just to get the funds that they need?

Smiley

Are you kidding? Dou you really think the amount isn't enough?
They will not launch a rocket! At least not a real one  Smiley

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April 23, 2014, 02:25:43 PM
 #382

When it can be traded this coin?

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April 23, 2014, 03:15:21 PM
 #383

The website says, "To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC." And they are at 5698 at the time of writing this.  Pretty amazing IPO.  https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E?offset=0&filter=0

6000 bitcoins. 3 mio usd. unbefuckingleavable.

do they already have a product, or is this all just a promise people invest 3 mio usd into?

This is what happens when the bitcoin price gets stable/stagnent people start getting itchy about where else they can put their money.

more or less retired.
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April 23, 2014, 03:20:18 PM
 #384

The website says, "To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC." And they are at 5698 at the time of writing this.  Pretty amazing IPO.  https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E?offset=0&filter=0

6000 bitcoins. 3 mio usd. unbefuckingleavable.

do they already have a product, or is this all just a promise people invest 3 mio usd into?

They do have a lot of codes out wild now. Check their Github and I think that reflects a lot of works in the last 6-7 years. I think the tech is promising definitely more so than Ethereum. 


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  TomoChain  •    •  TomoChain 
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April 23, 2014, 03:22:31 PM
 #385

The website says, "To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC." And they are at 5698 at the time of writing this.  Pretty amazing IPO.  https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E?offset=0&filter=0

6000 bitcoins. 3 mio usd. unbefuckingleavable.

do they already have a product, or is this all just a promise people invest 3 mio usd into?

This is what happens when the bitcoin price gets stable/stagnent people start getting itchy about where else they can put their money.

exactly my thoughts. It's not "worth" holding bit coins. I need to put them somewhere Cheesy
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April 23, 2014, 03:23:25 PM
 #386

what the ROI for IPO investors?

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April 23, 2014, 03:44:43 PM
 #387

Where can we see the balance of our address? And how is it possible to send msafecoin back and forth?

https://masterchest.info/wallet.aspx to look up your address

Simplest way is hard wallet and a car, otherwise you can download bitcoin qt + counterwallet you'll get the info off that masterchest site

I have it running, but can´t see a single msafecoin
I also invested from blockchain. How can I see the coins in this case?

Sorry mate, they did announce this was being launched the same day as the exchange so assumed it worked

Nothing worked out in this ipo like it should.
Besides the fact that some morons are now millionairs, haha.

Wow someone who might actually get it pigs really can fly! Smiley
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April 23, 2014, 03:47:00 PM
 #388

what the ROI for IPO investors?

It should be atleast 40%

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April 23, 2014, 04:03:40 PM
 #389

Where can I view the technical details of Proof Of Resource?  The whitepaper is very vauge about it.

IPO thread: https://bitcointalk.org/index.php?topic=579797.0
site: http://maidsafe.net/

you guys can go the IPO thread to discuss and get timely information.
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April 23, 2014, 04:46:41 PM
 #390

The website says, "To balance this, we decided to purchase all remaining MSAFE coins to ensure that backers who sent their bitcoins would have their orders fulfilled. This does mean that we can still accept bitcoin orders until the cut-off point at ~6000BTC." And they are at 5698 at the time of writing this.  Pretty amazing IPO.  https://blockchain.info/address/1KHfLixa2idRnZXMUfEisBati1vpywaH6E?offset=0&filter=0

6000 bitcoins. 3 mio usd. unbefuckingleavable.

do they already have a product, or is this all just a promise people invest 3 mio usd into?

They do have a lot of codes out wild now. Check their Github and I think that reflects a lot of works in the last 6-7 years. I think the tech is promising definitely more so than Ethereum. 
But it doesn't do anything like what Ethereum does.  WTF?  This is like saying a rocket is more promising than a fish.  Are you smoking crack again?

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April 23, 2014, 04:47:14 PM
 #391

what the ROI for IPO investors?

It should be atleast 40%
140% - at least

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April 23, 2014, 04:51:23 PM
 #392

what the ROI for IPO investors?

It should be atleast 40%
140% - at least

Wondering if I should back up the truck on this one.

Still, 600 BTC left to buy before it closes.

 
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April 23, 2014, 04:53:05 PM
 #393

Where can we see the balance of our address? And how is it possible to send msafecoin back and forth?

https://masterchest.info/wallet.aspx to look up your address

Simplest way is hard wallet and a car, otherwise you can download bitcoin qt + counterwallet you'll get the info off that masterchest site

I have it running, but can´t see a single msafecoin
I also invested from blockchain. How can I see the coins in this case?

Sorry mate, they did announce this was being launched the same day as the exchange so assumed it worked

Nothing worked out in this ipo like it should.
Besides the fact that some morons are now millionairs, haha.

Wow someone who might actually get it pigs really can fly! Smiley
Mastercoin is supposed to be at .2 all month during this fund raiser.  It is a real shame that it is back down to .1.  That 'fix rate' trick failed miserably.  It made a very tricky market in the few days up to the launch - and then everything was bullshit.  I lost a lot of money because of that bullshit move.  Mastercoin can't play those games and expect no consequences.  That price fixing royally favors those in the 'know' and screws honest people just trying to operate within the rules.  

I am responsible in part for Chang losses.  I told him all would be right with .2.  I sure didn't know Irvine would close MSC funding and send the price back to .1 in the middle of the night.  That was one expensive lesson.  I hope Chang didn't lose as much as I did because he was rightfully apprehensive when I told him to have faith in Mastercoin.  No more price fixing schemes which backfire to serious financial losses.  I call bullshit!

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April 23, 2014, 04:54:52 PM
 #394

what the ROI for IPO investors?

It should be atleast 40%
140% - at least

Wondering if I should back up the truck on this one.

Still, 600 BTC left to buy before it closes.
In a week, this thing is going to get a shit load of press.  I wanted in for serious.  I only ended up with 100MSC investment.  I am trying to buy more now.  Got some PM offers - but not with good prices.

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April 23, 2014, 05:01:14 PM
 #395

Mastercoin is supposed to be at .2 all month during this fund raiser.  It is a real shame that it is back down to .1.  That 'fix rate' trick failed miserably.  It made a very tricky market in the few days up to the launch - and then everything was bullshit.  I lost a lot of money because of that bullshit move.  Mastercoin can't play those games and expect no consequences.  That price fixing royally favors those in the 'know' and screws honest people just trying to operate within the rules.  

I am responsible in part for Chang losses.  I told him all would be right with .2.  I sure didn't know Irvine would close MSC funding and send the price back to .1 in the middle of the night.  That was one expensive lesson.  I hope Chang didn't lose as much as I did because he was rightfully apprehensive when I told him to have faith in Mastercoin.  No more price fixing schemes which backfire to serious financial losses.  I call bullshit!

I agree,  the non-market rate for MSC was a bad deal.  However, it was known prior that a limited (not unlimited) number of Maidsafe coins would be exchanged.  Once that limit was hit,  then all bets are off.

Nobody could have predicted the massive demand for this.  The non-market rate for MSC actually accelerated demand since people realized they could acquire maidsafe at 1/2 the BTC price. 

Of course, BTC purchasers aren't too happy that the MSC folk got a sweet deal. 

In short, sticking to a 50/50 distribution between a MSC and BTC buyers was fair.

The big mistake I honestly believe is including the MSC folks in the deal.   But that's just how the world works,  BitAngels have a stake in MSC so they leveraged it in this situation.



 
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April 23, 2014, 05:02:53 PM
 #396

what the ROI for IPO investors?

It should be atleast 40%
140% - at least

Wondering if I should back up the truck on this one.

Still, 600 BTC left to buy before it closes.
In a week, this thing is going to get a shit load of press.  I wanted in for serious.  I only ended up with 100MSC investment.  I am trying to buy more now.  Got some PM offers - but not with good prices.

100 MSC?  So was that like 20 BTC?

Decisions, decisions, decision... back up the truck here?

 
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April 23, 2014, 05:15:46 PM
 #397

Safecoins are a completely separate currency? Not running on top of Bitcoin?
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April 23, 2014, 05:22:11 PM
 #398

Safecoins are a completely separate currency? Not running on top of Bitcoin?

Yes.   Runs on its own network and some equivalent of a block chain.

In this IPO round, appears that $6-$7 million was raised.  (It could actually be less if you factor in price of MSC after the sale).

So the float is miniscule relative to other alt-coins.

 
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drawingthesun
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April 23, 2014, 05:22:46 PM
 #399

Safecoins are a completely separate currency? Not running on top of Bitcoin?

Yes.   Runs on its own network and some equivalent of a block chain.

In this IPO round, appears that $6-$7 million was raised.  (It could actually be less if you factor in price of MSC after the sale).

So the float is miniscule relative to other alt-coins.

And I am guessing the IPO is over?
maidsafe
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April 23, 2014, 05:27:17 PM
 #400

Safecoins are a completely separate currency? Not running on top of Bitcoin?

Yes.   Runs on its own network and some equivalent of a block chain.

In this IPO round, appears that $6-$7 million was raised.  (It could actually be less if you factor in price of MSC after the sale).

So the float is miniscule relative to other alt-coins.

And I am guessing the IPO is over?

The IPO is still going until up to  7341BTC
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