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

[peels]

To clarify something: Syscoin IPO investors will be importing our private key from Moolah to an existing BTC wallet, correct?

On Saturday we will be able to download the Syscoin wallet (probably password protected). Then moolah e-mails everyone and we can get the wallet.dat or keypair.

The password will be released and we can access the wallet and get to our coins.

[gouda]

what do u think this coin will go for?

[teamlottowin]

Before investing more, I'd like something clarified:

The only coins that seem to die or go < IPO price nowadays are coins that weren't put on a proper (high volume and that people are comfortable with) exchange at launch.  

Now initially I was super pumped because Moolah.io bought mintpal, so surely we'd see the kickoff to high volume great mintpal days of old and SYS would kick it off. Now it is my understanding the coin will only be available on Moolah.io's exchange at launch. I have checked their exchange and as of this writing, Moolah.io literally has 0 btc volume on their exchange. Imagine the btc needed to keep this coin at or above ipo price, now why would we accept this? Also, this exchange requires an SMS # for 2FA, many of us in the crypto world are uncomfortable with that since we use authy/google.

I mean, I get it, they want to force btc volume to their own exchange and see this as an opportunity, but this is not ok for me as an investor. How much money is enough? I'm asking that this be re-analyzed and addressed and hope others in the community think about this and demand the same.

Very valid point you bring up

This is a very valid quote

[Checkpoints]

Nice job on the ann thread, it looks great!

[gouda]

i bought more of the presale but my btc i sent went across an orphaned block. it has been 2 hours so far and my btc has not confirmed yet as its fixing itself before it goes through another block.. is my order now messed up?

[mig5000]

What's the point about the whales and such ? IPO is capped at 25 BTC per emails and what not ? There barely is any 25 BTC action and the IPO is coming to an end. Are we expecting someone to dump 100's of BTC in order to cause panic or what ?

FUD incoming already?

[animalroam]

Why don't you guys go for listing on other exchanges since the community wants it?  I know you guys have a partnership with Moolah.io, but you can ask the others to add which makes it more likely they will.

[stormia]

Buying is accelerating.. won't be long now

[GambitBTC]

I messed up my preorder buy by .0002

How can I fix this?

[gouda]

I messed up my preorder buy by .0002

How can I fix this?

you will need to send .0002 to that address.. sounds like u missed the .0002 that bittrex takes

[kaitleen91]

it is almost 8.15,people are panic buying!

[zorkafdo]

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

[666try]

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

I think too. But no alternative is now.

This ipo will be very successful to dev team but investor will be not.

I have invested some and expect little profit...

PS. Don't calculate market cap by total supply(calculate current supply!)

Anyway, big profit is impossible at this price...

[GambitBTC]

I messed up my preorder buy by .0002

How can I fix this?

you will need to send .0002 to that address.. sounds like u missed the .0002 that bittrex takes

Lol yup exactly, well I did that but never got an email to confirm my order.

[sebastien1234]

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

This has been discussed many times..

A coin market cap is based on the total amount of coins that are available, not the total amount of coins that will be available in a lifetime. Please look at the mining rewards when you calculate the market cap.

[peels]

What's the point about the whales and such ? IPO is capped at 25 BTC per emails and what not ? There barely is any 25 BTC action and the IPO is coming to an end. Are we expecting someone to dump 100's of BTC in order to cause panic or what ?

FUD incoming already?

Not many orders above 15btc. A few 25btc. We can hope they hold and in the end there won't be any major sell offs. I'm sure people want to FUD and not buy into the presale in hopes people dump below 500 sat and they scoop some up and can come back and say, "I told you so."

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

It'll take around 94 years to mine all the coins. Short term there will only be a couple hundred bitcoins worth mined at 518 sat price point. If people want Syscoin and presale buyers are not selling then the price could go up 2x or 4x or more which will make the mined coins worth over 1,000 bitcoins and will make the presale buyers and holders happy.

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

I think too. But no alternative is now.

This ipo will be very successful to dev team but investor will be not.

I have invested some and expect little profit...

PS. Don't calculate market cap by total supply(calculate current supply!)

Anyway, big profit is impossible at this price...

Yes, dev team will get a lot of bitcoins. We should see this as a good thing as they can hire the best people to help them build future features.

Big profit is unlikely (short term). Most decent coins or ones that get pumped hit around a $5,000,000 market cap and stop then retrace a bit. For that Syscoin would go up 5x to 2500 sat and then retrace back down. If you wanted to see big profit then we should have bought LTC at 7 cents or BTC at $10.

[skrtel37]

Did anyone get their keys yet?? I don't recall any mail from sys devs!!

You won't get your keypair from Sys, you'll get it from Moolah.  And they aren't going to send it until the launch, which is the 16th.

Thanks for the prompt response dude!!

[badchild]

I messed up my preorder buy by .0002

How can I fix this?

you will need to send .0002 to that address.. sounds like u missed the .0002 that bittrex takes

Lol yup exactly, well I did that but never got an email to confirm my order.

have your problem been fixed? I meet the same problem

[J9901]

I'm calling it now....SYS presale completely sold out by the end of the day.  

~250 BTC left is nothing. So many people always get in IPO/ICOs last minute. Huge influx of buyers in about 6-8 hrs.

[blg425]

About how long will this coin be mineable? Is it one of those few days,  weeks, or long term?