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Author Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!  (Read 490222 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.)
zauberer
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August 18, 2014, 04:56:04 PM
 #4541

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley



+1
chromosoma
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August 18, 2014, 04:56:26 PM
 #4542

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley

true indeed, these fluctuations happen with coins all the time, coins go 300%+, 200% down. the same day, they get pumped like every week.

But eventually all altcoins are going down, so no reason to hold long.
Yuzu
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August 18, 2014, 04:57:23 PM
 #4543

Also--just a suggestion to the devs--not everyone here is computer savvy or wallet savvy.  Your wallets should work directly out of the box, if you want to appeal to a large audience.  If people have to 'tinker' with them in any way, they will scatter.  Please make these wallets a little more user friendly.
Haha, I am sorry but do you really believe anyone who is not savvy going to touch this coin after this fiasco? It will be interesting to see if we even have sells on the marketplace.

I don't know.  Neither do you.  Like I said before, our only option at this time is to wait.
discodancer
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August 18, 2014, 05:00:46 PM
 #4544

Also--just a suggestion to the devs--not everyone here is computer savvy or wallet savvy.  Your wallets should work directly out of the box, if you want to appeal to a large audience.  If people have to 'tinker' with them in any way, they will scatter.  Please make these wallets a little more user friendly.
Haha, I am sorry but do you really believe anyone who is not savvy going to touch this coin after this fiasco? It will be interesting to see if we even have sells on the marketplace.

I don't know.  Neither do you.  Like I said before, our only option at this time is to wait.
I do and the answer is no. Yeah there might be a seller or two selling some hashes for bitcoin group buy. Thats about it.

In any case, considering moolah is not going to refund, I might as well join unloading my coins. Good luck to you guys. Thanks for the entertainment till now. Smiley
almond
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August 18, 2014, 05:02:42 PM
 #4545

anyone know of an interesting scrypt coin to mine in the meanwhile ?

Freedom of the press is guaranteed only to those who own one
CryptoMan2014
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August 18, 2014, 05:04:29 PM
 #4546

so, can you advise some other fresh scrypt coin to mine?

Not nice of you to ask but here you go:) https://bitcointalk.org/index.php?topic=586320.msg6417345#msg6417345
zsp
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August 18, 2014, 05:06:58 PM
 #4547

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley

So the game plan is to wait for the whales pump. Sad really.
awais3344
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August 18, 2014, 05:07:29 PM
 #4548

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley

true indeed, these fluctuations happen with coins all the time, coins go 300%+, 200% down. the same day, they get pumped like every week.

But eventually all altcoins are going down, so no reason to hold long.

that is true as well, you cannot put your money forever in alts. Unless they have backing by business or have huge user base like bitcoin or nxt.

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NEOSCOIN
  +POD Developers +Active Community - V2 Coming Soon! Live In-App Trading, Live Pool Stats - IRC - Arbitrush Anonymous System soon!! NEOSCOIN
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slex
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August 18, 2014, 05:09:26 PM
 #4549

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

Founder // CEO - moolah.io
zsp
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August 18, 2014, 05:10:26 PM
 #4550

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley

And don't talk bollocks, you buying shit with your 0.5 BTC combined wealth. If you would buy the price wouldn't be like this, so just keep it real.
zsp
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August 18, 2014, 05:13:41 PM
 #4551

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

Your answer won't be popular here :-)) and quite understandably why. The 48 hours grace period is based on what, it's your discretion?
kelvng105
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August 18, 2014, 05:14:31 PM
 #4552

Feel bad for those that bought at above 1000... Wonder if we'll ever see that number again.. this really blows this thing was primed to go straight to the moon Angry

Obviously ur a noob asking that question.. 100-200% fluctuations are normal in crypto world its all a matter of time.

People that are panicking are also noobs.

People make money when WHALES PUMP the price and you surf the waves.

Keep on dumping bro... we keep buying ...  hehehehe Smiley

And don't talk bollocks, you buying shit with your 0.5 BTC combined wealth. If you would buy the price wouldn't be like this, so just keep it real.

I set buy walls last night at 480 sat.. that's how you accumulate... not just throw btc into sell wall...

Bag Holding: BTC, VIA, XCH, SLG, VDO, SYS
BTC: 1MJSbm9r6tKUx3XGNeWyjue8AgCoYFhf6Z 
VIA: VrYnZm1Fk2dk3aSwByoro4kaV5gCcmPwva
VDO: VJzPMoyQ4NEXebn73t1ZGVPCCEtUGJjS8r
slex
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August 18, 2014, 05:20:53 PM
 #4553

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

Your answer won't be popular here :-)) and quite understandably why. The 48 hours grace period is based on what, it's your discretion?

Because unlike some people, we are patient; and are giving the Syscoin developers a period of time to fix the issues that have arisen. Had they not made any effort before now, they would not have that grace period. Our agreement with Syscoin includes a window of opportunity for them to fix issues that pop up after launch.

At the end of the day though? Yes, the grace period is at my discretion.

If we end up having to process refunds (either directly, or by throwing up ICO level buy walls), then we will do so accordingly. People need to worry less and stop going "OMG THERE IS ONLY 50 BTC BUY WALL" - that is because we are holding on to the rest.

Founder // CEO - moolah.io
andyge
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August 18, 2014, 05:24:01 PM
 #4554

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

For the time being this is a failure of the coin, if not resolved within 48 hours and that is a joke.
slex
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August 18, 2014, 05:28:08 PM
 #4555


@slex

How can I make arrangements to have Moolah release my funds to the devs immediately?

It is an all or nothing scenario.

Founder // CEO - moolah.io
chromosoma
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August 18, 2014, 05:30:48 PM
 #4556

My wallet stoped  syncing  at block 1821. Is it normal?
discodancer
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August 18, 2014, 05:30:57 PM
 #4557

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

Your answer won't be popular here :-)) and quite understandably why. The 48 hours grace period is based on what, it's your discretion?

Because unlike some people, we are patient; and are giving the Syscoin developers a period of time to fix the issues that have arisen. Had they not made any effort before now, they would not have that grace period. Our agreement with Syscoin includes a window of opportunity for them to fix issues that pop up after launch.

At the end of the day though? Yes, the grace period is at my discretion.

If we end up having to process refunds (either directly, or by throwing up ICO level buy walls), then we will do so accordingly. People need to worry less and stop going "OMG THERE IS ONLY 50 BTC BUY WALL" - that is because we are holding on to the rest.
Now this will mean many would stay away from anything you escrow. And no, I am not the ones who goes "OMG YOU DONE EFFED IT UP". It is what it is. I think it is commendable that you dint bow out so easily and instead gave the devs a chance. But I think 2 days post launch was more than enough 4 days is too much.
And I will ask again, where in the moolah T&C was it mentioned that you could use your discretion when it came to releasing funds?

EDIT: This is to specifically danospehere. You made much noise about how ethereum's T&C condition contained a clause which clearly said people are not going to get their funds even if there is no working code delivered. SYSCOIN was supposed to be different. Given the situation and how moolah is favoring you (and I agree with them to an extent). I think you are worse than ethereum, product delivered or not. You guys have misled people wherein "escrower's" discretion to release funds were not mentioned.
zsp
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August 18, 2014, 05:31:22 PM
Last edit: August 19, 2014, 10:51:09 AM by zsp
 #4558


Our agreement with Syscoin includes a window of opportunity for them to fix issues that pop up after launch.


That will be a surprise to many investors. I am sure you are familiar with the UK commercial law that requires full transparency from the parties when performing escrow type of contracts. It seems to me you failed in that and even the best solicitors won't be able to help you when this case goes to HM Court.

Edit: Plus being biased by taking into the interest of only one party as you clearly do is breach of contract. Better to refund it now, you are digging yourself into a big hole here :-))))
Cointang
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August 18, 2014, 05:33:26 PM
 #4559


Our agreement with Syscoin includes a window of opportunity for them to fix issues that pop up after launch.


That will be a surprise to many investors. I am sure you are familiar with the UK commercial law that requires full transparency from the parties when performing escrow type of contracts. It seems to me you failed in that and even the best solicitors won't be able to help you when it goes to HM Court.

+1

1uSmoGi7FUh4Kb5Bf2snPKvnWdfLCt8fX
andyge
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August 18, 2014, 05:34:13 PM
 #4560

Let's say syscoin fixes issues and moolah releases funds and devs abandon coin. Moolah would lose credibility and it would be the official death of mintpal. Your move moolah

If they fix the issues in full, then they have met their side of the bargain. We are not responsible for the long-term stability of the coin; in any way, shape or form. Our role was to be an escrow facilitator, which is what we are doing.

Our plans for MintPal are far greater than a single coin, so yes, we will make our moves as we see fit.

Your answer won't be popular here :-)) and quite understandably why. The 48 hours grace period is based on what, it's your discretion?

Because unlike some people, we are patient; and are giving the Syscoin developers a period of time to fix the issues that have arisen. Had they not made any effort before now, they would not have that grace period. Our agreement with Syscoin includes a window of opportunity for them to fix issues that pop up after launch.

At the end of the day though? Yes, the grace period is at my discretion.

If we end up having to process refunds (either directly, or by throwing up ICO level buy walls), then we will do so accordingly. People need to worry less and stop going "OMG THERE IS ONLY 50 BTC BUY WALL" - that is because we are holding on to the rest.

Everyone said  "OMG THERE IS ONLY 50 BTC BUY WALL" because this coin have not give our enouge confidence and since launch it various BUG this allows us to be assured it of this coin,so would say this case.
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