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

[lvyuan95]

@danosphere

As a investor I think the ANN seems having too much stuff that are unnecessary, such as the part 'Moolah Partnership' and 'Presale Purchase Bonuses', I won't really care about those... As you can see many people asked some simple questions that they can easily find in the ANN, but it seems too much work for them to do so. My point being maybe we can move the important parts like 'Specifications' and 'Reward Schedule' to somewhere people can find more easily without any trouble.

Thanks

[snipsnoop]

Is there an official irc?

http://webchat.freenode.net/?channels=#syscoin

Thank you!

Except from moolah, any chance to get added on day 1 to trex?

From the OP
Q: What do you mean when you say Moolah will be the exclusive exchange? Will Syscoin not be on other exchanges?
A: We have a partnership with Moolah and will be coordinating with them to get Syscoin on all of their platforms [including exchange] at launch as part of this partnership. This doesn't mean other exchanges can't add us. We're just working directly with Moolah in a much larger sense to try to make Syscoin's capabilities more accessible to the masses so their's will be the first exchange we are listed on.

Basically we cant and wont stop(would be impossible anyway) any exchange from adding us.

[stormia]

How much panic buying do you guys expect in the days approaching the 16th?  

[newbie123456789]

Any price predictions after 3-6 months?

[jjj0923]

How much panic buying do you guys expect in the days approaching the 16th?  

If Via is any indication there will be some whale coming out of the woodwork in the late hours

[peels]

Except from moolah, any chance to get added on day 1 to trex?

Bittrex adds new coins on Saturday night so be sure to tweet them. They love adding quality coins.

Any price predictions after 3-6 months?

This is an open source project. The devs will continue making things but this is just the base. Yes, we will be able to buy and sell on the market place but there is so much more. If talented people can think outside the box and build some unique things that bring people to this coin the price will go up. Android was bare bones at the start but over months and years got better.

Thankfully there are bounties to reward people. We will have to wait and see what happens and the price will react accordingly.

How much panic buying do you guys expect in the days approaching the 16th?  

765btc left. Enough for at least 30 people. If it sells out then people will have to buy from sellers on the exchanges. They won't get my coins for cheap. They can fight over the ones the miners dump.

[lvyuan95]

Is there an official irc?

http://webchat.freenode.net/?channels=#syscoin

Thank you!

Except from moolah, any chance to get added on day 1 to trex?

From the OP
Q: What do you mean when you say Moolah will be the exclusive exchange? Will Syscoin not be on other exchanges?
A: We have a partnership with Moolah and will be coordinating with them to get Syscoin on all of their platforms [including exchange] at launch as part of this partnership. This doesn't mean other exchanges can't add us. We're just working directly with Moolah in a much larger sense to try to make Syscoin's capabilities more accessible to the masses so their's will be the first exchange we are listed on.

Basically we cant and wont stop(would be impossible anyway) any exchange from adding us.

I think he was wondering will bittrex add SYS on day 1

[danosphere]

Don't mean to ignore all the questions and as usual I'll circle back later tonight and answer them all. In the interim I just gotta post this in case there are devs out there that want to join a real team trying to make real changes:

We need an experienced QT developer to help implement functionality in the QT. C experience preferred. PM ME ASAP. Please include some background on your experience / other coins you've worked on [if any]. Work will be PAID [SYS or BTC].

Trying to locate someone ASAP. Tell your friends! 

[ddeaNewtOn]

No escrow?  

quite possibly the biggest ignorant & laziest post of the day.

Literally 10 seconds of reading the OP would yield the answer...*sigh*

Yea, that's pretty bad...and for the people worried about 2 billion coins, you have to realize that if the presale sells out then even after 1.5 years there will only be 442,944,000 coins on the market -- gonna take a loooong time to see those 2 billion coins.

The lack of research people are willing to put into a risky investment such as crypto is staggering...and frankly has me worried about how the general populace will react to this coin, if the posts here are any indication of the crypto community's mindset as a whole.

Honestly, it might be worth considering cutting the total coin supply in half, because it would still take around 26 or so years to see 1 billion coins -- and it will make people think "cool, coin supply cut in half = my investment is worth twice as much!!!" This wouldn't even require any changes to the current reward schedule (other than the final 32 block reward tier being a shorter 10 years long, instead of 70 years). But I guess that would throw off the 15% presale allocation, wouldn't it? Hmm...just thinking aloud here.

So it's safe to assume a 400m market supply for 1 year then?

[ddeaNewtOn]

Hi, I am trully impressed with this coin. As Danosphere (and perhaps other devs) probably knows, I was following it from the beginning (and I was following his actions since January - MEOW). I know true value of this coin, I know it is worth believeing in, however we have to understand how crypto works. There is much, much speculation going on here. Building price supportwas already mentioned and I trust it will be taken care of. However there is one more VERY important thing, that might get overlooked - most "investors" do not read the OP itself, so we can't expect them to dig into thread and read all the details. Yeah, I know it is silly, but this is how crypto works, unfortunatelly, and such people are in mayority. The visit xcloud thread and see - "cloud coin, cool, buying this". They visit crypti thread and see - "cool, huge IPO, some new stuff, buying this". We need to make it crystal clear for new people why they should buy this coin - not in details, just in short catchphrases.

Agree! And I see you, I've seen you for a long time and thank you for following me on this wild trip  . Syscoin will finally be the realization of months of "how I wish we could do this" in crypto Any suggestions on how to do the short catchphrases? Also we're working on a lot of things right now from interviews to technical documentation to retargeting testing so we'll try our best but right now technical stuff is top priority, although I fully appreciate the value of what you'relIQqOdbFLeq suggesting.

Question... SYS will be on Mintpal the day of the release right?

Thanks

Can't guarantee this- it will definitely be on Moolah's trading platform at launch, as well as their other platforms. If that is their current platform or their [recently acquired] Mintpal I cannot say as I do not know.

@danosphere

As a investor I think the ANN seems having too much stuff that are unnecessary, such as the part 'Moolah Partnership' and 'Presale Purchase Bonuses', I won't really care about those... As you can see many people asked some simple questions that they can easily find in the ANN, but it seems too much work for them to do so. My point being maybe we can move the important parts like 'Specifications' and 'Reward Schedule' to somewhere people can find more easily without any trouble.

Thanks

Agree and will try to do this, the ANN thread is much cleaner. Again kinda slammed with launch-related work but will try to clean up the OP. Thanks for the suggestions and excellent point too!

Any price predictions after 3-6 months?

We as a team do not like to speculate on the price. We are pricing services against a scaling 1k-1.5k SYS value of course it could go higher than that and if it does we'll release an immediate update (once prices reach equilibirium) to make sure fees aren't absurd at SYS's "fair market value".


I think I got all the questions... got more news coming soon just soooo much going on behind the curtains here  appreciate all of the support!

Oh and another thing, will the coin be exchanged in other markets? I can't seem to find this.. will it be exchanged in trex or polo as well?

[peels]

Oh and another thing, will the coin be exchanged in other markets? I can't seem to find this.. will it be exchanged in trex or polo as well?

This has been answered many times. The team will not reach out to other exchanges. Bittrex adds multiple coins a week. Saturday night they add new coins. Tweet them and reach out to them in their IRC channel. If the community asks I bet Bittrex will add it Saturday night.

697btc left. Make sure you buy otherwise it may end up sold out while you sleep. 27 people can buy 25btc worth.

[sebastien1234]

WARNING:

@syscoins is a fraudster and not associated at all with the Syscoin team.


@syscoin and each team members associated twitter accounts (as seen on syscoin.org) are the ONLY twitter accounts that are legitimately associated with Syscoin.

[danosphere]

PLEASE NOTE THE ABOVE MESSAGE ABOUT @Syscoins!!

Oh and another thing, will the coin be exchanged in other markets? I can't seem to find this.. will it be exchanged in trex or polo as well?

Yep any exchange is free to add us but we'll be on Moolah first, and when others add us SYS can be exchanged on those markets as well.

[mrcashking]

nice looking coin.

[Wolf Rainer]

Ok, i had invested in this, i hope it´s not scam.

[BBmodBB]

Yep any exchange is free to add us but we'll be on Moolah first, and when others add us SYS can be exchanged on those markets as well.

looking solid gold over here...hey i'm in a bind, could use a helping hand!
~> is there an email address i can send you a message..it's urgent!!!
>> Thanks and personally i'm amazed by your achievements!!!  
   +keep up the good work!!!

[flexibleme]

the coin has a big community .

[BBmodBB]

Ok, i had invested in this, i hope it´s not scam.

looks good to me! ~ i'm pleasantly surprised by what they have put together so far!!! 

[lvyuan95]

a quick question, what happen to unsold coins? will they be destoryed?

[peels]

a quick question, what happen to unsold coins? will they be destoryed?

In the case of the presale not selling out then they will only mine enough coins to cover what was sold in the presale.