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[Sharky444]

i don't want to trade in bter     in early time  there is so much problem in this exchange

Yes, there were problems. But since about 6 months it's the fastest exchange, by far.

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[tencentcoin]

i don't want to trade in bter     in early time  there is so much problem in this exchange

Yes, there were problems. But since about 6 months it's the fastest exchange, by far.

fastest exchange  can not be the  excuse  to harm their user

[PilotofBTC]

If I use BTER to purchase, where do I see my coins? They don't appear in the Account Balances.

You won't get the coins until Aug 1. It appears there is not CRSALE balance listed, but you do see them in your Trade History.

[braytz]

5000 BTC

[PilotofBTC]

If I use BTER to purchase, where do I see my coins? They don't appear in the Account Balances.

Actually, I was wrong, you can see them under My Funds in the CRSALE market. It is a dropdown link in the top right corner above the chart.

[Hueristic]

It really doesn’t !
What the sell price (that bter posts) for  1 CRSALE will go up by 1% each day or what?
If not how you will figure out when I bought my  CRSALEs?

Bter will provide us with a date and time for each purchase.

You will be able to see this soon in a public ledger, listing all pre-sale purchases done.

Jesus Christ. Does anyone read anything on this thread?

Actually why do I have to read 61 pages of thread?
 I was lucky enough to find the answer I was looking for in the last page, in this particular answer/question pair.
But this should in either in the OP or the pre-sale instructions, imho.

And had you went back another page, you would've seen it answered again. And if you went back 2 more pages, you would've seen it answered again.

The devs are currently spending their time reanswering the same 5 questions. I'm sure it's as annoying for them to do as it is for me to read.

And another thing!
Why wouldn't you want to read at least most of the 61 pages of this thread? You just see ann [ANN] and say, "I'll throw money at that because it's new,"? This is why it's so easy for the scammers. Nobody does any research on a coin before just throwing their BTC at it.

I'll answer this. Anyone that is going to spend the time to read 60 pages for $100 investment has far too much time on their hands and needs a life.

AFA the same 5 questions being answered, there is a thing called a FAQ. ever hear of it? It should be in the OP.

Also by what Timezone will the bonus be calculated from? It may be in those 60 pages but I'll be goddamned If I'm going to read them.

That's been answered, from 00:00:00 UTC to 24:59:59 UTC 11 July is Day 1.

thx, on the fence with this one.

[PondSea]

Guys where is the 5000 BTC figure? If that is correct the only people making money out of this IPO is the Devs....

[crypti]

Guys where is the 5000 BTC figure? If that is correct the only people making money out of this IPO is the Devs....

Who said about 5000 btc? Only bter added it as "cap". But i think it's impossible

[PondSea]

Guys where is the 5000 BTC figure? If that is correct the only people making money out of this IPO is the Devs....

Who said about 5000 btc? Only bter added it as "cap". But i think it's impossible

So this is not a 1btc = a set amount of crypti right?

[SyRenity]

So this is not a 1btc = a set amount of crypti right?

Indeed, it's only a purchase proof token, which later will be used to distribute Crypti. What actually counts is how much has been raised both via Bter and via Maxmint. You can see the formula here:
https://github.com/crypti/crypti-docs/blob/master/presale.md#crypti-allocation-formula

There was a very good suggestion here to start a FAQ, we will do it later today and add the formula there.

[dzarmush]

Will there be +30% for early investors?

[SyRenity]

Will there be +30% for early investors?

Yes for the duration of today, and then it will be linearly lowered by 1% every passing day.

[PilotofBTC]

Guys where is the 5000 BTC figure? If that is correct the only people making money out of this IPO is the Devs....

Who said about 5000 btc? Only bter added it as "cap". But i think it's impossible

So this is not a 1btc = a set amount of crypti right?

Right, it's pro-rated based on the total amount invested against to total coin population minus 15% (I expect they will get enough so the dev fund is 0% considering it's almost at 200 BTC on day 0 and maxmint's escrow didn't even start yet.

[SyRenity]

I appreciate the effort your whole team has put into organizing everything. It already looks better than most of the IPO's out there.

As stated before, my only concern is that while you have optimized most of the things fairly well, it seems an important piece is still missing from the IPO puzzle.

The dev team has agreed that 500 btc would cover the necessary requirements for the dev fund fairly well. However, given the situation, I expect Crypti to raise at least between 800-1000 btc. Now it seems obvious that there should be a point where because of too much investment Crypti will be over diluted and over priced, and it will certainly not be good if Crypti would reach that point starting from the IPO. Further more, I think the dev team interest along with the investors interest should be among the most important things to keep in mind while deciding the IPO rules.

That said, I'm not sure why the IPO is set to last one whole month. A better option would be to set a cap of lets say 1000 btc(or whatever reasonable sum you decide) or if the cap is not reached you have an open time limit of 1 month. The idea being that after 1000 btc(or whatever sum) the IPO will go against the best interest of its investors because of over pricing and over dilution. If this should happen, both the early investors and the late investors will suffer in the process. Maybe some kind of upper cap limit(2x-3x of what is actually needed for development) could be proposed and added to ensure a basic safety net for the investors who are looking forward to joining and contributing to the project.

Any thoughts on that?

Thanks for your suggestions, finishing the pre-sale once target hit or the period has ended is indeed an obvious solution that is worth considering and I will raise it to our discussion.

[PilotofBTC]

I appreciate the effort your whole team has put into organizing everything. It already looks better than most of the IPO's out there.

As stated before, my only concern is that while you have optimized most of the things fairly well, it seems an important piece is still missing from the IPO puzzle.

The dev team has agreed that 500 btc would cover the necessary requirements for the dev fund fairly well. However, given the situation, I expect Crypti to raise at least between 800-1000 btc. Now it seems obvious that there should be a point where because of too much investment Crypti will be over diluted and over priced, and it will certainly not be good if Crypti would reach that point starting from the IPO. Further more, I think the dev team interest along with the investors interest should be among the most important things to keep in mind while deciding the IPO rules.

That said, I'm not sure why the IPO is set to last one whole month. A better option would be to set a cap of lets say 1000 btc(or whatever reasonable sum you decide) or if the cap is not reached you have an open time limit of 1 month. The idea being that after 1000 btc(or whatever sum) the IPO will go against the best interest of its investors because of over pricing and over dilution. If this should happen, both the early investors and the late investors will suffer in the process. Maybe some kind of upper cap limit(2x-3x of what is actually needed for development) could be proposed and added to ensure a basic safety net for the investors who are looking forward to joining and contributing to the project.

Any thoughts on that?

Thanks for your suggestions, finishing the pre-sale once target hit or the period has ended is indeed an obvious solution that is worth considering and I will raise it to our discussion.

It really doesn't look good to change the rules after things have started though. ;(

[Grumand]

Why not page "Peers"?
How to understand that the system operates in the network?

[jokumat]

I appreciate the effort your whole team has put into organizing everything. It already looks better than most of the IPO's out there.

As stated before, my only concern is that while you have optimized most of the things fairly well, it seems an important piece is still missing from the IPO puzzle.

The dev team has agreed that 500 btc would cover the necessary requirements for the dev fund fairly well. However, given the situation, I expect Crypti to raise at least between 800-1000 btc. Now it seems obvious that there should be a point where because of too much investment Crypti will be over diluted and over priced, and it will certainly not be good if Crypti would reach that point starting from the IPO. Further more, I think the dev team interest along with the investors interest should be among the most important things to keep in mind while deciding the IPO rules.

That said, I'm not sure why the IPO is set to last one whole month. A better option would be to set a cap of lets say 1000 btc(or whatever reasonable sum you decide) or if the cap is not reached you have an open time limit of 1 month. The idea being that after 1000 btc(or whatever sum) the IPO will go against the best interest of its investors because of over pricing and over dilution. If this should happen, both the early investors and the late investors will suffer in the process. Maybe some kind of upper cap limit(2x-3x of what is actually needed for development) could be proposed and added to ensure a basic safety net for the investors who are looking forward to joining and contributing to the project.

Any thoughts on that?

Thanks for your suggestions, finishing the pre-sale once target hit or the period has ended is indeed an obvious solution that is worth considering and I will raise it to our discussion.

What? Important changes in the middle of the pre-sale? You don't know what you want. (Well you know it - money) But can anybody respect your word?

[YNWA2806]

Any decision regarding total pre-sale cap yet ß???

[SyRenity]

Thanks for your suggestions, finishing the pre-sale once target hit or the period has ended is indeed an obvious solution that is worth considering and I will raise it to our discussion.

It really doesn't look good to change the rules after things have started though. ;(

What? Important changes in the middle of the pre-sale? You don't know what you want. (Well you know it - money) But can anybody respect your word?

To be more clear, I've only mentioned it in the light of the repeating community requests for the max cap, as there won't be any sense to keep the pre-sale going if the said max cap is reached. That said, if we do set a max cap and reach it, and the community will prefer to keep the original period going, we will respect it.

[Wulfcastle]

Any decision regarding total pre-sale cap yet ß???

I really think a pre-sale cap will suit investors, you don't want the IPO to become too diluted as no investor will profit out of it. Don't forget you will still have the 15% of the pre sale left for development,  so if you only need 500 BTC from the IPO why not put a cap on it?

EDIT : Don't forget some whale could single handedly drop over 500 BTC into this IPO and render our investments useless. This is the same problem Ethereum faced and they seem to be implementing a cap on their future IPO as well