50cent_rapper
Legendary
Offline
Activity: 1344
Merit: 1000
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July 11, 2014, 11:36:00 AM |
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Any word on the max cap yet?
If more than 1000 I'm out.
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Wulfcastle
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July 11, 2014, 11:37:53 AM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets.
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crypti (OP)
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July 11, 2014, 11:48:51 AM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon.
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cryptozim
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July 11, 2014, 12:20:27 PM |
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...we should try to reward these early investors by not overly diluting the market and minimizing their investment.
Agree with you. That is why my suggestion was not about putting a 500 btc cap but rather finding the sensible line where the IPO gets dangerously diluted for the investors and somehow prevent that.
This sounds more like a business than a currency. I don't think Crypti is the coin for me.
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BTC: 15h26g3SUu6iXUi1phv5FHmASc5hDeGHpJ | LSK: 840098997497226041L | CSC: cMsbRGMLzu7Ss8L7Vv6osksUyt5P322uxS
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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July 11, 2014, 12:46:22 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce....
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crypti (OP)
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July 11, 2014, 12:52:39 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... I didn't said about we will add cap or will not add. I just said that we have discussion.
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vlight
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July 11, 2014, 12:55:35 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... While i agree that changing the terms while IPO has started is stupid, placing the cap is not
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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July 11, 2014, 12:58:06 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... I didn't said about we will add cap or will not add. I just said that we have discussion. It just sucks anyway... you said that you need only 500 BTC, after that you acted just like a greedy team... "lets cancel the cap..." Ok, we said, wtf, lets he how many investors come in, it should not be that bad...but you freaked out as soon as the people started to question your actions... This is not a good sign at all, you already leak frustration through all your posts, cause you know how big the mistake was...I think you'll not be able to even raise the 500 BTC from the start..
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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July 11, 2014, 01:01:37 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... While i agree that changing the terms while IPO has started is stupid, placing the cap is not Its not stupid to place the cap, hell its required But they are not pros, they handle the things very poorly, they can't stand for one decision...they change the things how they please all the time...well, this started since the coin was announced... What to expect from them when the coins is released? What happens if a very hard bug heats them... will they go like "hell, fuck this, its too much work for nothing, and we already have all the money..." I know a lot of people invest only to get out fast on 2x profit, but what will happen with the bagholders placing trust in the coin? they will be burned for sure, almost 100% from what I can see until now... Few names in the OP and a java wallet that can be developed in few nights is not enough for 250.000$ Anyway...I'm out
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Wulfcastle
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July 11, 2014, 01:07:36 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... I didn't said about we will add cap or will not add. I just said that we have discussion. It just sucks anyway... you said that you need only 500 BTC, after that you acted just like a greedy team... "lets cancel the cap..." Ok, we said, wtf, lets he how many investors come in, it should not be that bad...but you freaked out as soon as the people started to question your actions... This is not a good sign at all, you already leak frustration through all your posts, cause you know how big the mistake was...I think you'll not be able to even raise the 500 BTC from the start.. The team needs to address the problems surrounding the max cap as quickly as possible in my opinion. If not implementing it then just make a statement addressing it. But really in my personal opinion unless a max cap for the IPO is invoked a lot of investors will leave, in fact investors are already leaving, a buy order was put up on BTER so that people could sell their CRSale and in less than an hour over 15 BTC/15 CRSale has been sold. You need to be as transparent as possible. If you needed 500 BTC to complete development within the aforementioned time-frame then set a cap for 500 BTC.
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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July 11, 2014, 01:29:46 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
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52017289
Member
Offline
Activity: 67
Merit: 10
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July 11, 2014, 02:19:02 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/
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GreXX
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July 11, 2014, 02:19:12 PM |
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Any word on the max cap yet?
If more than 1000 I'm out. If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets. We discuss about cap, i think news will be soon. I out of this shit... This team is fucked up... "we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..." Wtf is this some kind of game? Let is be like this, no like this, or like this? Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore... See what happened with DigitalCommerce.... While i agree that changing the terms while IPO has started is stupid, placing the cap is not Its not stupid to place the cap, hell its required But they are not pros, they handle the things very poorly, they can't stand for one decision...they change the things how they please all the time...well, this started since the coin was announced... What to expect from them when the coins is released? What happens if a very hard bug heats them... will they go like "hell, fuck this, its too much work for nothing, and we already have all the money..." I know a lot of people invest only to get out fast on 2x profit, but what will happen with the bagholders placing trust in the coin? they will be burned for sure, almost 100% from what I can see until now... Few names in the OP and a java wallet that can be developed in few nights is not enough for 250.000$ Anyway...I'm out You are allowed to comment in this thread and not like us. We have even allowed people here to openly troll or make arguments that made little sense based on our documentation. But PLEASE, just be respectful to the community when you do it. Try to use proper language and keep it at least partially constructive and pushing the dialogue forward. Coming in here with F bombs to simply attempt to discredit this project really serves no purpose. Also, as per some of your comments. I would challenge anyone who wants to try, build our client and network in 2 nights. If you manage to do so, I've got a job opening for you! :-) As for our changing opinions? We have adjusted 1 or 2 values slightly based on community feedback prior to the start of the Pre-Sale. We have changed nothing since the actual pre-sale started. We are considering instituting a max cap on investments only because a large majority of the community feels strongly about it. Would you rather we ignore all of the comments and your opinions? When you reference bag holders being stuck, well the entire development team won't receive our Crypti for a long time. We are getting fractional portions quarterly over the next year, so in essence, if that is the case, we will be the final bag holders. As per your initial F bomb laced comment, we never said we need 250, 500, or 1000 BTC. We initially said we could forecast probable investments of 23-143 BTC based on previous similar launches. The community started throwing around numbers like 2000 BTC. We never anticipated making 2000 BTC on this launch. We still don't. The 500 BTC probably came from a comment I made in the first 10 pages of the thread or so. We were having a discussion about caps and I said "If this were a kickstarter, our actual goal would be 250 BTC (that's a really strong mark for us) and 500 BTC is more like the last stretch goal. I would be overly joyed if we managed to even hit the 250 BTC amount.". The 250 BTC would allow us to get out the minimum and already discussed features. The 500 BTC mark would allow us to reach most of the internal goals we have and get them to market by my estimation. But why shouldn't we strive for better? We created our internal goals based on our internal discussion on what we thought was possible for funding. Additional funding makes our team stronger and allows us to hire new developers, meet our goals faster, and gives us extra to support community projects and new ideas that spring up after we have several months of active network under our belts. Who knows what we will think up 6 months from now and I would rather have additional funding and a buffer for when those great ideas pop up. That being said, we understand that investors don't want over dilution so we are attempting to find a balance to put as a cap just in case the investments take off and exceed our expectations. We already put in place the declining 10% to help investors if we reach the 500 BTC mark. We are now, due to overwhelming responses, considering placing a cap for investor confidence and assurance that we won't over dilute. We just need to get the numbers right and make sure that it's going to meet the intended purpose.
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Wulfcastle
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July 11, 2014, 02:24:16 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this?
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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July 11, 2014, 02:25:18 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ 2130? Where it came from? There's only 250 BTC invested through Bter and 2 BTC through Maxmint.
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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July 11, 2014, 02:25:51 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this? Maxmint's address https://blockchain.info/address/1u2FuXyp9BSVKaNA1FidqzTvRsYiGVkn8
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SL1M
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July 11, 2014, 02:26:13 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ WOW are you serious!? they already collected, two thousand an one hundred and thirty Bitcoins? will there be an official update on how many btc already is collected?
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crypti (OP)
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July 11, 2014, 02:28:37 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ WOW are you serious!? they already collected, two thousand an one hundred and thirty Bitcoins? will there be an official update on how many btc already is collected? It's not working version We will post new version today
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Wulfcastle
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July 11, 2014, 02:29:03 PM |
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Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.
Total BTC Invested:2,130.398 Development fund: 0% Percentage Bonus: 29% it was already 2130 BTC. http://crypti.me:11050/ Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this? Maxmint's address https://blockchain.info/address/1u2FuXyp9BSVKaNA1FidqzTvRsYiGVkn8Yep, dzarmush is correct only 2 BTC has been invested via Maxmint.
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wangfuqiang
Member
Offline
Activity: 78
Merit: 10
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July 11, 2014, 02:29:37 PM |
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sold CRSALE on bter and quit
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