[ANN] Syscoin - Business on the Blockchain - LAUNCHED!

[hoshigakiii]

Guys we are slowly getting up now.. Was a long night.
Investigating.

Do you know what "up" mean? Half hour ago we were at 600, now 400. Where is up?

[FryguyUK]

oh whats that? not enough interest in the coin for people to cash out their 5000-20000 btc worth of ico :O oh noes viatime?

[Epimetheus]

The price was too high to begin with man. Huge supply. That is why I didn't buy in during the pre-sale. Anyway. Good luck to you guys. SYS is over before it even started.

[poppys]

This will all get sorted out. The dev just needs to wake up first. It was obvious that he's had little to no sleep the past couple days trying to rush to get everything ready in time, so just give them a moment to recuperate.

Makes you wonder what they have been doing for months to justify a 750,000 dollar investment.

[slex]

Guys we are slowly getting up now.. Was a long night.
Investigating. Waking up the rest of the team

Dont panic, any issues will be sorted.

Can you please ask Dan to publicly clarify what was done with the 250 BTC that was meant to be used for buy support?

[sdersdf2]

Guys we are slowly getting up now.. Was a long night.
Investigating. Waking up the rest of the team

Dont panic, any issues will be sorted.

It was a long night for a lot of people and there seems to be much to answer for.

[nomoreheroes7]

So what happened with the buy support, snipsnoop?

[Thomas-s]

LOL

This is the guy who screwed you all over.

lol
Also, where was the price support?

[helloge]

Guys we are slowly getting up now.. Was a long night.
Investigating. Waking up the rest of the team

Dont panic, any issues will be sorted.

well, give me more information and solve the problem quickly.

[Qiuyue201]

Syscoin is OVER, no matter what happens next.

However Moolah might have great future, because they seem to handle this situation professionally. I hope they will keep their word and buy the coins for the ICO price from us. Thank you!

[smackii]

I don't need to panic

Moolah, can i have my refund please if all goes south?

[tricass]

So people are aware, if the Syscoin developers do not deliver a working coin - we will be looking in to the process of investor refunds. It will be a pain in the ass, but it is within our capabilities.

We have requested an update from the Syscoin team, and made our disappointment very clear. A clear plan of action and timeline needs to be communicated.

In the interests of public transparency, 250 BTC was released purely for buy support (by request of the Syscoin team). It does not appear that this has been done however, and I am awaiting a response from Dan Wasyluk.

We will not be releasing any additional coins until all issues are resolved.

Are you a representative of Moolah? If so, good on you and good for Moolah's reputation - I'd be more inclined to sign up for Moolah-backed/escrowed ICO's in the future if that's the case.

Best-case scenario of course for the devs to simply own up to what they did and fix this so we can get everything back on track. If not, even a refund at this stage would be a loss - it would represent a loss of time at the very least. Time that buyers could have spent on other opportunities. Let's all hope it doesnt come to that, but it's up to the devs. It's in their court.

I am the CEO and Founder, I have the final say on any matter relating to Moopay LTD. Slex just happens to be my nickname :-).

Indeed, on our end it would represent a loss of time, money and even more importantly - reputation.

If we do have to go down the process of refunds, we can automate for the most part by sending out a unique form link to associated email addresses. I would much prefer this be fixed however.

on top of what has happened with this release the fact that there has been no buy support when this was stated from the beginning should be grounds enough to refund money to investors. you can't blame people selling out now as the price falls below stage 1 and 2 ico prices to protect what capital they have left.

[helloge]

So what happened with the buy support, snipsnoop?

same here, what's the buy wall to support.

[sdersdf2]

Syscoin is OVER, no matter what happens next.

However Moolah might have great future, because they seem to handle this situation professionally. I hope they will keep their word and buy the coins for the ICO price from us. Thank you!

Moolah is looking good and Mintpal might benefit as well from assocation.

[helloge]

Syscoin is OVER, no matter what happens next.

However Moolah might have great future, because they seem to handle this situation professionally. I hope they will keep their word and buy the coins for the ICO price from us. Thank you!

did the Moolah  promise will buy the coins at ICO price??
where can I find it.

[Crypto_Enthusiast]

Investors need a refund from moolah due to devs not delivering.

[niothor]

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.

I'm sorry but that is just bullshit.  A simple install of the qq will tell you that. Since when did litecoin have the ability to create alias and sign contracts

99% procent of the code is litecoin. The alias feature you say...

Something pretty interesting:

[ANN] Syscoin - Business on the Blockchain - LAUNCHED!
April 27, 2014, 08:31:25 PM

[ANN] [SFR] SaffronCoin | Decentralized Market, Exchange, Email
April 27, 2014, 07:00:38 AM

https://github.com/syscoin/syscoin/commits/master
they share the same alias feature.

[V500]

Hahah you idiots, devs are sleeping, they´ll be updating and fixing everything when they wake up. (Fix buywall etc)

Give them a break you schmucks.

lol 'dev is sleeping'   haha

[altcoinUK]

no source ? (linux user)

https://github.com/syscoin/syscoin

Isn't there a link for that?

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

WTF, could you answer my question at all, where are the innovative features, I just don't want to start to go though on the source code if you know the answer and which source file I should look at it?

[Epimetheus]

They can't buy all coins back for IPO price. You must understand this. They have spent the btc for development. Buying everything back now or putting a buy support would kill the coin SYS is done. GAME OVER.