fox19891989
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August 20, 2014, 08:12:16 AM |
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Another thing I remember is that devs have 3% premine for themselves, 3% of the max 100%, but it wont be the 100% for another 40 years, so at this current rate, the devs premine is around 18% of the current total supply. So if the market cap is 1mill, the devs currently own about 180k usd of that. Wow amazing. And the devs claimed there premine addys willl be transparent? Nope, no transparency? Yup delete my post like always Devs please post premine addys. Transparency:As promised: DEV WALLET. Currently contains DEV + BOUNTY funds and we have been using some funds for bounties- we're started paying them out! Check it
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varun555
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August 20, 2014, 08:13:47 AM |
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I propose an idea, use the whole 1500btc to put up a sell wall @ presale price, for 7 days, whatever is left after 7days, is all syscoin teams money:)
Good idea...... But ultimately that is Devs call (if they get it...... moolah is under no obligation to do that I think.... It's either give it to devs or refund back) Devs have been repeatedly saying that they are in the for the long run... So if everything fails then as the last resort thy should do it. Tell me one coin dev who wants to dump actually saying "I want to dump". So repeating a stupid notion of "devs repeatedly saying they are in the for the long run" doesn't make it very sensible. Well..... None of us is Nostradamous...... So Devs Actually wanting to dump or breaking their rear end ONLY FOR DUMPING IT is therefore only a presumption..... I only supported a plausible course of action.... is all.
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fox19891989
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August 20, 2014, 08:15:02 AM |
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It seems majority of people who invested in SYSCoin wants quick profit of x2 - x5 and most of them are pissed, this is long term people.
If you wanna get out or little to no patience, just dump.
actually not, but the price now is too low, if 500+ sat now ppl would have more patience, 410 sat is panic and almost all ppl are bagholders(who didn't sell before)
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TheMilkman
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August 20, 2014, 08:16:37 AM |
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It seems majority of people who invested in SYSCoin wants quick profit of x2 - x5 and most of them are pissed, this is long term people.
If you wanna get out or little to no patience, just dump.
Please, understand it is not about lack of quick profits - nobody expected that. It's about early investors having much worse entry point than later investors. That's usually a coin killer. We don't want this coin killed.
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MantisCoinDev
Newbie
Offline
Activity: 51
Merit: 0
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August 20, 2014, 08:18:52 AM |
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Another thing I remember is that devs have 3% premine for themselves, 3% of the max 100%, but it wont be the 100% for another 40 years, so at this current rate, the devs premine is around 18% of the current total supply. So if the market cap is 1mill, the devs currently own about 180k usd of that. Wow amazing. And the devs claimed there premine addys willl be transparent? Nope, no transparency? Yup delete my post like always Devs please post premine addys. Transparency:As promised: DEV WALLET. Currently contains DEV + BOUNTY funds and we have been using some funds for bounties- we're started paying them out! Check it My mistake, its transparent. So lets do some quick math. Premine in address: 59,918,967sys = 266BTC 18% dev premineOh my god im laughing so hard right now, we got rolled so hard, 1500btc AND 18% premine.
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Mrboot
Legendary
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Activity: 1204
Merit: 1000
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August 20, 2014, 08:20:51 AM |
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happy i was smart enough sell most at 500 , and last i sold at 475 !
Cause i cant see it go anywere with this soon.
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fox19891989
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August 20, 2014, 08:22:58 AM |
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Another thing I remember is that devs have 3% premine for themselves, 3% of the max 100%, but it wont be the 100% for another 40 years, so at this current rate, the devs premine is around 18% of the current total supply. So if the market cap is 1mill, the devs currently own about 180k usd of that. Wow amazing. And the devs claimed there premine addys willl be transparent? Nope, no transparency? Yup delete my post like always Devs please post premine addys. Transparency:As promised: DEV WALLET. Currently contains DEV + BOUNTY funds and we have been using some funds for bounties- we're started paying them out! Check it My mistake, its transparent. So lets do some quick math. Premine in address: 59,918,967sys = 266BTC 18% dev premineOh my god im laughing so hard right now, we got rolled so hard, 1500btc AND 18% premine. 1500btc is 15%presale coin, 2% premine, 1% bounty. You are wrong again, plz don't troll here, just focus your own coin, plz. Or noboby will buy your coin because you like trolling but not coding.
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smackii
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August 20, 2014, 08:30:15 AM |
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It seems majority of people who invested in SYSCoin wants quick profit of x2 - x5 and most of them are pissed, this is long term people.
If you wanna get out or little to no patience, just dump.
Please, understand it is not about lack of quick profits - nobody expected that. It's about early investors having much worse entry point than later investors. That's usually a coin killer. We don't want this coin killed. Yeah, and who feeds late investors eh? Early investors. I don't mind buying more, if all fails, early investors can have refund from moolah.
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varun555
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August 20, 2014, 08:30:31 AM |
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@DEVS:
All these 316 pages of FUDDING and CRITICISM is mind numbing ....... please suggest a thread or other place where noobs and other believers can help you in any way .
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MantisCoinDev
Newbie
Offline
Activity: 51
Merit: 0
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August 20, 2014, 08:31:23 AM |
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Another thing I remember is that devs have 3% premine for themselves, 3% of the max 100%, but it wont be the 100% for another 40 years, so at this current rate, the devs premine is around 18% of the current total supply. So if the market cap is 1mill, the devs currently own about 180k usd of that. Wow amazing. And the devs claimed there premine addys willl be transparent? Nope, no transparency? Yup delete my post like always Devs please post premine addys. Transparency:As promised: DEV WALLET. Currently contains DEV + BOUNTY funds and we have been using some funds for bounties- we're started paying them out! Check it My mistake, its transparent. So lets do some quick math. Premine in address: 59,918,967sys = 266BTC 18% dev premineOh my god im laughing so hard right now, we got rolled so hard, 1500btc AND 18% premine. 1500btc is 15%presale coin, 2% premine, 1% bounty. You are wrong again, plz don't troll here, just focus your own coin, plz. Or noboby will buy your coin because you like trolling but not coding. your not doing the maths are you. so 266BTC is 2% of the supply? RLY? so lets do some simple math, 266BTC to = 100% 266x50 = 13300btc x $581 (current price of bitcoin) = $6,650,000. so hold up, if the devs hold 2% this mean the current market cap is 6.6mill. serious before you decide to spam me back. do the math yourself. current coin supply = 364,747,354 devs hold 59,918,967 coins of that supply. ill make this easy 364million current coins, 364million divided by 16% = 58million, devs currently hold 59million. devs hold 16.32% of supply.before you sook, do the math please. premine addy: http://sys.coinzone.info/address/STtZvuwutKmnfqzDoapvf7sSRpBApeuv7jtotal supply: http://sys.coinzone.info/
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danosphere (OP)
Legendary
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Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
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August 20, 2014, 08:46:31 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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August 20, 2014, 08:48:16 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.Where? I did not get a notification yet
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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kufan
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August 20, 2014, 08:50:55 AM |
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damn it . any explanation?
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danosphere (OP)
Legendary
Offline
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
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August 20, 2014, 08:51:37 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.Where? I did not get a notification yet Please don't pull from branches we're waiting for Syscoin.me to test for us before we release to the full network of operators. Thanks for you patience as we verify thoroughly.
Also to those who don't know math... premine is based on total coin supply to be minted. Not total supply at any given minute.
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MantisCoinDev
Newbie
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Activity: 51
Merit: 0
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August 20, 2014, 08:52:15 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.Why have the 59 mil coins been moved? to bittrex of course.
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danosphere (OP)
Legendary
Offline
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
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August 20, 2014, 08:52:31 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.Why have the 59 mil coins been moved? Nothing has moved.
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tobeaj2mer01
Legendary
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Activity: 1098
Merit: 1000
Angel investor.
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August 20, 2014, 08:55:41 AM |
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Only 2% of premine is for dev fund. And that = 40mil. 1% is for bounties = 20mil. Total 60mil. I already mentioned the accounts were currently combined. 20mil is used for bounties over the next YEARS. No one here reads A fix for block-lock, sendmany bug, merged-mining, and rescan/corruption issues has been put together for pool partners to test.Very good, thanks for your hard working!
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Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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MsCollec
Legendary
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Activity: 1400
Merit: 1000
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August 20, 2014, 08:57:22 AM |
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has anyone noticed the buy support has been taken out by dumpers, currently zero buy support and a freefall from 416 to high 200sats with hardly no support. R.I.P
sorry did you invested in this coin
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thetruth123123
Member
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Activity: 280
Merit: 10
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August 20, 2014, 08:58:47 AM |
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Don't forget guys, 1 Syscoin = 1 Syscoin
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mothermole1
Member
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Activity: 210
Merit: 10
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August 20, 2014, 08:59:09 AM |
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I think you guys are doing a pretty good job Dano.
Agreed. Great work dev team One question to everyone.. If you don't like the coin, just stop posting here and move on with your lives. Have you got something better to do? MantisCoinDev? Why are you here saying negative things.. Truly, why? Are you trying to help others? Are you gloating? I would love to know WHY.
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