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Elokane
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August 14, 2014, 12:50:34 PM |
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.... and it's gone!
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KLONE::Vader
Member
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Activity: 89
Merit: 10
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August 14, 2014, 12:50:54 PM |
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sold out now
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profitofthegods
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August 14, 2014, 12:51:44 PM |
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.... and it's gone!
Wow! Talk about a sprint finish! That's a great sign for the future of SYS. |
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ddeaNewtOn
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August 14, 2014, 12:52:29 PM |
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SHOWMETHEMONAYYY
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victorteoh
Sr. Member
Offline
Activity: 334
Merit: 250
🌟 æternity🌟 blockchain🌟
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August 14, 2014, 12:53:14 PM |
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MOON TIME PEOPLE. IT'S MOON TIME. the blackhandgroup is involved in this coin too. Expect pumps coming up.
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Luxasd
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August 14, 2014, 12:53:38 PM |
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Stop sending BTC guys, lmao.  |
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nomoreheroes7
Sr. Member
Offline
Activity: 326
Merit: 250
King of all the land
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August 14, 2014, 12:53:50 PM |
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Holy hell that was fast, got my last BTC in in the nick of time...great future ahead.
Fasten yer seatbelts.
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seek4dream
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August 14, 2014, 12:53:58 PM |
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why is it still open?
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philipvdlinde
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August 14, 2014, 12:54:14 PM |
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This is going to be great, I have 75% of my new portfolio invested.
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peled1986
Legendary
Offline
Activity: 882
Merit: 1002
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August 14, 2014, 12:54:21 PM |
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@victorteoh: blackhandgroup ?
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Soul_eater_123
Legendary
Offline
Activity: 952
Merit: 1000
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August 14, 2014, 12:54:41 PM |
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why is it still open?
It's not. Those who send after the cut-off amount will get their money refunded I think. |
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suchnekky
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August 14, 2014, 12:58:45 PM |
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1500BTC
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• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
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newuser01
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August 14, 2014, 01:04:32 PM |
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Where are FUDsters?  Now they come  |
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64dimensions
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August 14, 2014, 01:06:11 PM |
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Lets look at some rough numbers:
1) According to the IPO, for the first half year about 200,000 coins per day will be mined.
2) IF each coin is worth about 0.000005 BTC that means about 1 BTC per day mined.
So for about the 1st six months about 1BTC per day will be mined.
So after about 6 months, 36 million coins will be mined. So even after 6 months roughly only 20% of the IPO coin total will be mined.
Lets say that a small investor bought about 0.5 BTC worth of syscoin. That's about 100,000 coins.
If you are trying to mine say 1000 coins per day for 100 days, to get the same amount mining for a 5,000 Mh/s pool you need about a 25Mh/s miner.
So a 25 Mh/s miner now is about $700 and 100 days worth of electricity is about $200.
So all-in-all, the IPO cost is about $280 and the mining cost minus a guess for the residual value of the scrypt miner is about $500.
The bottom line is that for most everyone, mined coins will be more expensive than IPO coins.
For the small investor this IPO is not such a bad deal also in that as the dev's have stated, any coin dumping will have to come from the IPO owners, not the mining side.
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nomoreheroes7
Sr. Member
Offline
Activity: 326
Merit: 250
King of all the land
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August 14, 2014, 01:07:16 PM |
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**Useless drivel**
Lol and you call yourself Sherlock... |
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nomoreheroes7
Sr. Member
Offline
Activity: 326
Merit: 250
King of all the land
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August 14, 2014, 01:12:25 PM |
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OH SNAP NOW IT'S RED, means serious business
lol |
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nomoreheroes7
Sr. Member
Offline
Activity: 326
Merit: 250
King of all the land
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August 14, 2014, 01:16:59 PM |
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**More crap**
I can almost guarantee that this is an alt of crypto-Sherlock...I'm having way too much fun with this. |
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fox19891989
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August 14, 2014, 01:17:28 PM |
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why so many brand new accounts trolling here?
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newbie123456789
Newbie
Offline
Activity: 29
Merit: 0
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August 14, 2014, 01:17:55 PM |
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How are the chances that this will reach 10k satoshi?
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