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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.)
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August 17, 2014, 12:58:46 PM
 #3241

on a sidenote: get ready to relive this with ethereum on a much larger scale.

+1
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August 17, 2014, 12:59:16 PM
 #3242

Guys as I have said. Getting the team up and looking at the issues.

Sweet.Price is going up.
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August 17, 2014, 12:59:27 PM
 #3243

LOL

I dont want to sound like i am spreading FUD but seriously...

If i were a part of a team that has gotten 750BTC, 250BTC of which has released for buy support, i would wake the fuck up anyone else in the team and not sleep till the shit is fixed.

But hey that is me.... Roll Eyes





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August 17, 2014, 01:00:00 PM
 #3244

Guys as I have said. Getting the team up and looking at the issues.

Don't you understand that your coin is done?
All trust is already lost.
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August 17, 2014, 01:00:20 PM
 #3245

Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
This.
They will never ever do this.
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August 17, 2014, 01:01:04 PM
 #3246

Guys as I have said. Getting the team up and looking at the issues.

Sweer.Price is going up.

Yep, let him do his job - assess the situation, resolve the issues, reassure investors. The coin will recover. Cloak went down 75% before it went on to hit 320,000 Satoshi. Shit happens. Glad to see one of the devs is here and answering the call.
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August 17, 2014, 01:01:18 PM
 #3247

I am not in your team as I didnt buy any sys but what I am seeing is making me laugh.What a disaster for the Sys team.Hope they will find solution and save the coin.
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August 17, 2014, 01:01:26 PM
 #3248

Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
This.

They cannot. Best they can do at this point is 2/3 as they sent 250BTC to the team already as they claimed they needed it for buy support.

I hope the escrow has got IDs off the devs





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August 17, 2014, 01:02:10 PM
 #3249

Cmon dont sell cheap

Its been just a few hours since launch  

Jezz people do you get laid instantly when you met someone patience  

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August 17, 2014, 01:02:23 PM
 #3250

Guys as I have said. Getting the team up and looking at the issues.


I think the better question to ask is.  What have you been doing for the past few months aside from ripping 98% of the Litecoin code made by a real programmer.
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August 17, 2014, 01:02:44 PM
 #3251

500 Sat touched again - wouldn't surpirse me if there is a rational explanation for all this.
Dead cat.
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August 17, 2014, 01:02:49 PM
 #3252

If you are here for the PRICE GAIN, then you are wrong.
This is a coin that has actual features, not your usual pump&dump copycoin.
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August 17, 2014, 01:02:54 PM
 #3253

Guys as I have said. Getting the team up and looking at the issues.

Sweer.Price is going up.

Yep, let him do his job - assess the situation, resolve the issues, reassure investors. The coin will recover. Cloak went down 75% before it went on to hit 320,000 Satoshi. Shit happens. Glad to see one of the devs is here and answering the call.
some of the dev team should exame the issue carefully
and give us a fair solution.

                                 
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August 17, 2014, 01:03:55 PM
 #3254

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.



Please understand that from our side, we cannot rush in to any decision (in either direction). We will be actively monitoring and reviewing the situation today, and have requested clarification.


if nothing else good comes out of today i commend you for stepping out and hearing ppl out. i haven't dealt much with moolah before but will be taking a closer look at what you guys do as i like how you operate.

nomoreheroes7
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August 17, 2014, 01:04:08 PM
 #3255

All of this could have been avoided with a short delay to get everything in order...can't believe it was rushed out the door like this, after 4+ months of work...
HoldTheLine
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August 17, 2014, 01:04:14 PM
 #3256

Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
This.

They cannot. Best they can do at this point is 2/3 as they sent 250BTC to the team already as they claimed they needed it for buy support.

I hope the escrow has got IDs off the devs

If ANY impropriety has gone on then they will receive a visit from the FBI or some other agency that specializes in fraud. You would have to be a damn fool to attempt to get away with 250 Bitcoins worth of others money when a reputable party has all your ID. You ain't going any where.
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August 17, 2014, 01:04:21 PM
 #3257

If you are here for the PRICE GAIN, then you are wrong.
This is a coin that has actual features, not your usual pump&dump copycoin.

Features like:

Stuck on blocks for several hours
0 confirmations for hours eventhough blocks are being found


awesome work devs!!
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August 17, 2014, 01:04:34 PM
 #3258

Guys as I have said. Getting the team up and looking at the issues.


I think the better question to ask is.  What have you been doing for the past few months aside from ripping 98% of the Litecoin code made by a real programmer.

sssshhht. Don't disturb. The dev is sleeping.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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August 17, 2014, 01:05:19 PM
 #3259

My rig is avaible,go mine some syscoin https://www.miningrigrentals.com/rigs/7657 actually 28mhs I advertize it as 27mhs.

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August 17, 2014, 01:05:25 PM
 #3260

Got to love bitcointalk..
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