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Author Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!  (Read 490185 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.)
payyy
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August 20, 2014, 12:04:06 PM
 #5701

Moolah can't even act neutral, they're one of the biggest SYS holders.
sb said Moolah will hold fund till dev team solved the bugs?does it right?  if so ,god ,it will dump again.  we need to our invest back.
newuser01
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August 20, 2014, 12:04:22 PM
 #5702

How could Moolah even buy Syscoin worth 140 Bitcoin when only 25 Bitcoin was allowed?

heard of exchanges?
thetruth123123
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August 20, 2014, 12:05:38 PM
 #5703

How could Moolah even buy Syscoin worth 140 Bitcoin when only 25 Bitcoin was allowed?

heard of exchanges?
Thought they bought in the presale.
kencoles
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August 20, 2014, 12:07:19 PM
 #5704

I don't get why you all are trying to kill this coin?  Where there is problem ,there is always a solution. So please calm down everybody and talk with the DEv ment Team and lets try to make this coin successful and then everybody will win.Lets be positive and suggest plans for improvement.

Coles

fox19891989
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August 20, 2014, 12:07:26 PM
 #5705

Moolah can't even act neutral, they're one of the biggest SYS holders.
sb said Moolah will hold fund till dev team solved the bugs?does it right?  if so ,god ,it will dump again.  we need to our invest back.

deadline 6pm GMT
spud21
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August 20, 2014, 12:07:58 PM
 #5706

It's at place 36 on coinmarketcap with a capitalization of $ 750,174 and priced at $ 0.002057 a coin. Has it only just been listed there?
TheMilkman
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August 20, 2014, 12:08:12 PM
 #5707

Devs should refund everyone, rebrand and come later with new coin working well. This is going nowhere, 2 failed wallet patches, what are odds to be the 3rd one working? Trust is gone, only pumpers are interested in coin now.

That also might be a good idea - clean slate.
MantisCoinDev
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August 20, 2014, 12:10:37 PM
 #5708

Moolah can't even act neutral, they're one of the biggest SYS holders.
sb said Moolah will hold fund till dev team solved the bugs?does it right?  if so ,god ,it will dump again.  we need to our invest back.

deadline 6pm GMT

there is no deadline, a deadline wasn't discussed. the deal was: failure to deliver will result in a full refund. there was no time discussed with investors, as far as im concerned, faulure to deliver, means failure to deliver said 5 core features on launch. moolah is a scammer, simple. altered secret terms and conditions after launch to protect his 140btc investment in syscoin.


So where is the 1% Premine Address?

original premine address: http://sys.coinzone.info/address/SdT4LVg8BFXfcK6VQP1ALVpk4Wp62YHSAW

which was sent to exchange for quick dump if necessary

new exchange premine address: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici

as you can see the devs have moved the premine for some 'unknown' reason. seems legit. and its not 1% its 16.3% ~59million syscoin

if you think this is FUD, do research Smiley

Is this true? On top of the ipo there is an additional 16.3%?

dont take my word for it. calculate it, its simple maths. the premine is 16.3% of the current supply. they also own a further 15% ontop of the 16.3%, which was purchased through buy walls (250btc) on mintpal, moolah also was allowed to exceed the max buy of 25btc per investor, and has brought 120btc worth, as confirmed by his twitter. so all in all, between  syscoin and moolah, they own over 50% of syscoins, and an additional 1500bitcoins from us investors. seems everyones loaded, except the investors.
Of course they gave the 250 btc back, it's peanuts!!!! Wow

peanuts wouldnt describe it, but hold up, this is kind of a plus for investors with the dev+moolah owning over 50% of syscoin supply, this means if they dont dump, syscoin will never go below 200sat Cheesy
TheMilkman
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August 20, 2014, 12:10:54 PM
 #5709

I don't get why you all are trying to kill this coin?  Where there is problem ,there is always a solution. So please calm down everybody and talk with the DEv ment Team and lets try to make this coin successful and then everybody will win.Lets be positive and suggest plans for improvement.

Coles


Because that was the deal - no working coin, no escrow money. There was not supposed to be any second chances. Trust is gone, coin is done. Any silly excuses to not give us our money back shall not be tolerated.
Lordoftherigs
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August 20, 2014, 12:11:52 PM
 #5710

It's at place 36 on coinmarketcap with a capitalization of $ 750,174 and priced at $ 0.002057 a coin. Has it only just been listed there?

Must have been listed just now. Interesting to see syscoin is already on 4 major exchanges.
thetruth123123
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August 20, 2014, 12:12:02 PM
 #5711

I don't get why you all are trying to kill this coin?  Where there is problem ,there is always a solution. So please calm down everybody and talk with the DEv ment Team and lets try to make this coin successful and then everybody will win.Lets be positive and suggest plans for improvement.

Coles


Because that was the deal - no working coin, no escrow money. There was not supposed to be any second chances. Trust is gone, coin is done. Any silly excuses to not give us our money back shall not be tolerated.

Pretty much this.
TheMilkman
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August 20, 2014, 12:12:44 PM
 #5712

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.
thetruth123123
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August 20, 2014, 12:14:40 PM
 #5713

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.

I just hope the Moolah CEO is a man with integrity and gives our Bitcoin back.
TheMilkman
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August 20, 2014, 12:16:08 PM
 #5714

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.

I just hope the Moolah CEO is a man with integrity and gives our Bitcoin back.

Whatever happens here, we need to make sure it will not get hidden.
MantisCoinDev
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August 20, 2014, 12:17:22 PM
 #5715

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.

I just hope the Moolah CEO is a man with integrity and gives our Bitcoin back.

Very unlikely bud. Moolah is a man of money, not integrity, and giving your investment back means crashing a coin in which he owns over 140btc worth.
Cointang
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August 20, 2014, 12:19:31 PM
 #5716

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.

Would you refund investors if you personally invested 140 btc and kill your profit, no. Instead would you secretly impose an additional 48 deadline, I would...  https://twitter.com/moolah_io/status/501022140230299648

1uSmoGi7FUh4Kb5Bf2snPKvnWdfLCt8fX
kencoles
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August 20, 2014, 12:22:21 PM
 #5717

This coin will be within 10 rank in coinmarketcap for sure.Why ? The DEv team already trying to make an html site of market place encrypted with Syscoin wallet.So please dont listen to this FUDers.They are just greedy people want huge ROI .

This market place will be like eBay and you will be able to use your own wallet for trade and bid.

dandruff1138
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August 20, 2014, 12:26:27 PM
 #5718

Way I see it is coin has hit bottom (a few times) around 400. Considering launch and forks, that's pretty good. Meaning that once issues get fixed, you should see upside. Devs are working.

  

Not interested in that. We have a right to get our money back according to initial agreement. Even if the price rises, Moolah not refunding us will be breaching terms of agreement.

Would you refund investors if you personally invested 140 btc and kill your profit, no. Instead would you secretly impose an additional 48 deadline, I would...  https://twitter.com/moolah_io/status/501022140230299648

AT this point I would hope he would get his own refund and invest somewhere else.

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MantisCoinDev
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August 20, 2014, 12:26:49 PM
 #5719

This coin will be within 10 rank in coinmarketcap for sure.Why ? The DEv team already trying to make an html site of market place encrypted with Syscoin wallet.So please dont listen to this FUDers.They are just greedy people want huge ROI .
Bahahah what use is a non-anon marketplace? Ebay and gumtree already do this bud, and a whole lot easier, and without giant fees for aliases and listing, and your actually able to delete a listing on ebay We are greedy? For wanting our even money back? And the devs arent? Wanting 1500btc?
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August 20, 2014, 12:27:50 PM
 #5720

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................
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