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Author Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!  (Read 490181 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.)
michaelb87
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July 21, 2014, 10:12:11 AM
 #721

Speak for yourself...  some of us are here ONLY for the long term bla bla crap!!!   Wink

Haha yeah, when people speak about investing in an IPO short-term, all I can think is dumpity dump... They just wanna puke their chips the moment it hits an exchange! That's not investing in a business proposal, it's acting like a teenager.

Welcome to the real life. Of course I will dump if I can get a x3 or x4 ROI. That has nothing to do with acting like a teenager, it just makes sense. Some are in it because they really believe in a coin, some are in it for the money. You need both of them to succeed.
fastminer
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July 21, 2014, 10:17:02 AM
 #722

Speak for yourself...  some of us are here ONLY for the long term bla bla crap!!!   Wink

Haha yeah, when people speak about investing in an IPO short-term, all I can think is dumpity dump... They just wanna puke their chips the moment it hits an exchange! That's not investing in a business proposal, it's acting like a teenager.

Welcome to the real life. Of course I will dump if I can get a x3 or x4 ROI. That has nothing to do with acting like a teenager, it just makes sense. Some are in it because they really believe in a coin, some are in it for the money. You need both of them to succeed.

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.
GTO911
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July 21, 2014, 10:21:27 AM
 #723

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy
fastminer
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July 21, 2014, 10:22:50 AM
 #724

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

are you telling me with the features they have 8btc is difficult, and that reduces as block rewards reduce, plus what makes you think all miners will dump. not all miners dump. of course some people will take profits, that is just coins exchanging hands. you only need to read the ann to know that if all goes well this could be the best ipo ever
snipsnoop
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July 21, 2014, 10:24:42 AM
 #725

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.
fastminer
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July 21, 2014, 10:28:37 AM
 #726

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.


looking into the rewards, would that mean a reduction in total coins
HjalmarX
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July 21, 2014, 10:30:28 AM
 #727

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC. The people who are the loudest did not even invest. Stop changing things when we have already invested.

You don't want to upset your investors.

It's like studying for an exam for months and then finding out at the last minute that your instructor changed the syllabus. In this analogy, the investment was the time and effort for studying.
snipsnoop
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July 21, 2014, 10:32:20 AM
 #728

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.


looking into the rewards, would that mean a reduction in total coins

No, there are a few ways we can change it.
Lower the block rewards, Days @ Reward Level etc.
GTO911
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July 21, 2014, 10:34:00 AM
 #729

this could be the best ipo ever

It was the best IPO ever, but they seriously killed it for me and lots of other people.

Two things that could be done -

1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC

2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING

3. Cut coin Total Supply
fastminer
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July 21, 2014, 10:35:25 AM
 #730

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC.

You don't want to upset your investors.

i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same.
HjalmarX
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July 21, 2014, 10:36:59 AM
 #731

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC.

You don't want to upset your investors.

i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same.

I don't think coin reduction will be considered
tigomjir
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July 21, 2014, 10:37:07 AM
 #732

escrow arrangement with moolah.io is okay. but follow up listing in other exchanges. otherwise it will have the same fate as FIMK/dgex
fastminer
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July 21, 2014, 10:37:59 AM
 #733

this could be the best ipo ever

It was the best IPO ever, but they seriously killed it for me and lots of other people.

Two things that could be done -

1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC

2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING

i don't care what dev does, i do not want him changing the price at all

1. it will keep short terms away who will dump for quick profits
2. many buying now at this price believe the coin will do good. i rather see less profits than a massive dump
3. those wanting to get in lower only want in lower to make a quick buck. see the bigger picture.

if dev reduces the price il be pissed, even though il get more coins if they did, im not interested in that, the price keeps short termers looking for quick buck away
HjalmarX
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July 21, 2014, 10:38:24 AM
 #734

this could be the best ipo ever

It was the best IPO ever, but they seriously killed it for me and lots of other people.

Two things that could be done -

1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC

2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING

3. Cut coin Total Supply


Correct. It was the best before the pre sale started. I only used 10% of my allocated BTC for this IPO. Not happy at all. I was planning for 100%
fastminer
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July 21, 2014, 10:40:19 AM
 #735

this could be the best ipo ever

It was the best IPO ever, but they seriously killed it for me and lots of other people.

Two things that could be done -

1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC

2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING

3. Cut coin Total Supply


Correct. It was the best before the pre sale started. I only used 10% of my allocated BTC for this IPO. Not happy at all. I was planning for 100%

i went all in, i misunderstood the launch date, otherwise i would not ask for a refund as i need the btc. i thought launch date was in days not week. if i got it back, i will buy back in when i have more funds. i would pay the phase 2 price. name me another coin that has been launched like this recently. too excited,
snipsnoop
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July 21, 2014, 10:42:12 AM
 #736

escrow arrangement with moolah.io is okay. but follow up listing in other exchanges. otherwise it will have the same fate as FIMK/dgex

Already been answered, we cant stop and wont try to stop other exchanges from listing us.

Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release

and mintpal too..

hey why not mail these exchanges and add the coin on launch to these exchanges?

Exactly, any exchange can add us after launch, we aren't coded into the exchange. We aren't reaching out to other exchanges right now because we're working with Moolah as a real partner. While they are adding us to their various platforms we're also going to work with them to see how we can use the features Syscoin provides coupled with their platform offerings to develop new services for the crypto and mainstream markets. I'm sure other exchanges will add Syscoin eventually as well.
fastminer
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July 21, 2014, 10:43:38 AM
 #737

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC.

You don't want to upset your investors.

i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same.

I don't think coin reduction will be considered

wouldn't it be a good thing. 1 billion coins max. that would give ipo holders 30% of the coin, less rewards meaning less coins mined a day, more growth, but i will not support the price being lowered. leave the price the same. hell il say phase 2 price should be higher lol, but i understand why its kept at 10% discount. an example as to why phase 2 shouldn't be higher would be limecoin
fastminer
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July 21, 2014, 10:44:55 AM
 #738

escrow arrangement with moolah.io is okay. but follow up listing in other exchanges. otherwise it will have the same fate as FIMK/dgex

Already been answered, we cant stop and wont try to stop other exchanges from listing us.

Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release

and mintpal too..

hey why not mail these exchanges and add the coin on launch to these exchanges?

Exactly, any exchange can add us after launch, we aren't coded into the exchange. We aren't reaching out to other exchanges right now because we're working with Moolah as a real partner. While they are adding us to their various platforms we're also going to work with them to see how we can use the features Syscoin provides coupled with their platform offerings to develop new services for the crypto and mainstream markets. I'm sure other exchanges will add Syscoin eventually as well.

i didn't hear of moolah until syscoin, i prefer it, i think it could be the leader one day. some things need to be tweaked, but it awesome its not only a exchange
snipsnoop
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July 21, 2014, 10:48:47 AM
 #739

escrow arrangement with moolah.io is okay. but follow up listing in other exchanges. otherwise it will have the same fate as FIMK/dgex

Already been answered, we cant stop and wont try to stop other exchanges from listing us.

Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release

and mintpal too..

hey why not mail these exchanges and add the coin on launch to these exchanges?

Exactly, any exchange can add us after launch, we aren't coded into the exchange. We aren't reaching out to other exchanges right now because we're working with Moolah as a real partner. While they are adding us to their various platforms we're also going to work with them to see how we can use the features Syscoin provides coupled with their platform offerings to develop new services for the crypto and mainstream markets. I'm sure other exchanges will add Syscoin eventually as well.

i didn't hear of moolah until syscoin, i prefer it, i think it could be the leader one day. some things need to be tweaked, but it awesome its not only a exchange

We are really excited about the moolah partnership. There will be a lot more details coming out about this later, but for now we are keeping our cards close.
leetrump
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July 21, 2014, 11:05:11 AM
 #740

Participate in too few people,Its not a good phenomenon
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