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Author Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!  (Read 490167 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (109 posts by 1+ user deleted.)
john312
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August 17, 2014, 12:24:37 PM
 #3141

This is truly biggest fail in the recent altcoin history.

There was no launch that bad for a long time.

Sorry, but we have to admit, that many people might lose lots of money on this one. The price almost reached ICO price and probably will continue to fall. And even if it jumps up, it might never go pass over 1000 satoshi, since people will be looking way out. It's really unexpected since everything seemed done really professionally until the launch day. And now the coins and it's devs seem to be marked and it will be extremely hard to leave all this behind.

People who invested more than 5 BTC are in really bad situation now, since they basically have no way to back out without losing it. Situation requires strong reaction and Moolah definitely and without a doubt should not release escrowed funds to the devs. Those funds might be used as a way out (devs could set buy walls slightly BELOW ICO prices), but unless there is no guarantee that devs will use it like that, Moolah should keep the coins.

Also, smart idea would be returning 100% of the investment to ICO holders and halting the whole project, since really, it became true mess. I was following this coin for a few months and I was hoping that it will be one of the biggest successes this year, and yet it is without a doubt biggest crypto failure - not only because of high expectations but also because so many things were botched.

I desperately want out, as probably many people do.



+1
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August 17, 2014, 12:25:44 PM
 #3142

Let's not judge based on the QT wallet. It may have been literally the last thing on the list. We'll see what devs have to say soon. Hopefully some of them are early risers.
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August 17, 2014, 12:26:34 PM
 #3143


Actually I was thinking to buy some syscoins, checked to source tree, while I have not opened the source files and I could be wrong, but it seems to me from the file names the coin is just an other litecoin fork. Where exactly is the innovation? Is the decentralized market place in the github source, if yes then in which files? If you don't mind please point it out so I don't have to go through on the whole source code to find your innovative features.
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August 17, 2014, 12:27:43 PM
 #3144

Aaaand... SYSCOIN IS NOW OFFICIALY BELOW ICO PRICE!

Those who predicted it here before the official launch seemed to be right. I should have listened to them and wait for 200 satoshi.
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August 17, 2014, 12:27:55 PM
 #3145

2 hours wait
0 confirmations

Huh
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August 17, 2014, 12:28:39 PM
 #3146

Just dump all your COINS if you want OUT! Grin

As if you people really care about the technology, all you want is profit.


Try not to be so arrogant.
Many people here do care about crypto AND detest shabby, poorly executed half hearted unprofessional abortions like this coin
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August 17, 2014, 12:29:31 PM
 #3147

Guys... Reality check time.  You gave these Bozos $750,000... They aren't replying because they're fast asleep on the the duck down pillows they bought with your money.  Moolah aren't going to refund you dollar one.  They are also in it up to their necks.  The partnership was announced in the OP.  They promised you the world and you got a copy and paste coin with a few pretty videos.

At the minute, we are sitting back and waiting to see what happens.

Founder // CEO - moolah.io
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August 17, 2014, 12:29:39 PM
 #3148

Let's not judge based on the QT wallet. It may have been literally the last thing on the list. We'll see what devs have to say soon. Hopefully some of them are early risers.

And on what should we judge?
On wall of text , nice pictures and a whitepaper?

This coin promised two new features unique to the alt scene.
Integrated markets in the blockchain and data storage. Currently there is no talk about them and the blockchain is in such a bad shape nobody will trust it with their business.


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flipboxx
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August 17, 2014, 12:29:46 PM
 #3149

anyone there with a working Mac wallet?
helloge
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August 17, 2014, 12:30:20 PM
 #3150

addnode 98.243.116.238:8369 add
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Just go to debug console and add this.
well job, I will test these to see whether it works.

                                 
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---Twitter   ⦁   Telegram   ⦁   Blog   ⦁   Bitcointalk----
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August 17, 2014, 12:31:00 PM
 #3151

I missed the ipo by hours, kind of glad I did now.

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August 17, 2014, 12:31:12 PM
 #3152


Actually I was thinking to buy some syscoins, checked to source tree, while I have not opened the source files and I could be wrong, but it seems to me from the file names the coin is just an other litecoin fork. Where exactly is the innovation? Is the decentralized market place in the github source, if yes then in which files? If you don't mind please point it out so I don't have to go through on the whole source code to find your innovative features.

nice code

not hashing, folding and curing (check FLDC merged-folding! reuse good GPUs)
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August 17, 2014, 12:31:24 PM
 #3153

a friend sent me some sys but it gets no confirmation.can somebody tell me what is wrong with this shit Huh

txid:
798435d92995d82abe94c783433e35b5ad1398c772d561e5a8a27b1e12e892e2

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August 17, 2014, 12:31:53 PM
 #3154

WOW.

ABSOLUTE WOW.

Anybody selling now that got in at the regular IPO rate is selling @ a loss. Soon to be in Early-bird range.


OMG If I actually waited for Danosphere to help me with my wallet not opening (as he claimed he would help me first and foremost as soon as he wakes up) and didn't actively try to fix it (in which I was successful  Wink) I would be pretty goddamn pissed right now.


2.75 BTC profit off a 9 BTC investment. Planned for a bigger ROI but I feel asleep due to the delay of 'soft-launch' lol
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August 17, 2014, 12:32:13 PM
 #3155

a friend sent me some sys but it gets no confirmation.can somebody tell me what is wrong with this shit Huh

txid:
798435d92995d82abe94c783433e35b5ad1398c772d561e5a8a27b1e12e892e2



It's forked, quit sending transactions.

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August 17, 2014, 12:32:16 PM
 #3156

Guys... Reality check time.  You gave these Bozos $750,000... They aren't replying because they're fast asleep on the the duck down pillows they bought with your money.  Moolah aren't going to refund you dollar one.  They are also in it up to their necks.  The partnership was announced in the OP.  They promised you the world and you got a copy and paste coin with a few pretty videos.
they have been doing this for free so far and also shared source code, they deserve money for time invested, i have faith in dev team and i'm sure they will deliver as they got finally paid for it. 1500BTC seems too much but there are investors not hesitating to invest 50btc in one coin so if it was even 10000BTC i dont mind, better for safer distribution,  and also this coin is meant to exist for years, i'm glad i invested, if price goes under ipo for a while i don't mind. Good luck dev team.

The source code in the github is just a litecoin fork.
No trace of their so called new features no nothing.


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New Age of DEFI
A Non-Code Platform for
Decentralized Trading Instruments

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gielbier
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Making Smart Money Work


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August 17, 2014, 12:32:37 PM
 #3157

Well, I don't care much on price atm. Project seems a still valid idea. But can someone explain why their was a 2 hour gap between block 795 and 796?

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tricass
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August 17, 2014, 12:33:34 PM
 #3158

wow..sub stage 1 ICO price on mintpal! where is the supposed buying support at the stage 2 ICO price? i am surprised it got to this point.

corather
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August 17, 2014, 12:33:48 PM
 #3159

I hate to say it guys, but I think you've all been had. Any time a coin launches, if the devs are worth anything they will make sure things are running smoothly, but these guys are nowhere to be found.


larraboj
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August 17, 2014, 12:33:55 PM
 #3160

Well, I don't care much on price atm. Project seems a still valid idea. But can someone explain why their was a 2 hour gap between block 795 and 796?

it's a feature

same thing with my 2 hours 0 confirmations transaction

This is the next level shitcoin

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