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[ShawnLeary]

The total amount of Crypti in existence will be 100 Million and 85% will be distributed to shareholders so where from 30% bonus comes from? It can only come from 15% coins
reserved for initial investor and developers. If not, buying on the last day when bonus will be 0% would mean not actualy getting (coins + 0% bonus) but (coins - 30% bonus).

Can someone from developers clarify the matter?

It's really simple math that was already explained.

The bonus will be added to your BTC amount before the shares are calculated.

Considering length of the IPO there won't be 25-30% bonuses, but 0-5%. In order to get 30% bonus IPO should last 30 days with 0% for the 30th day. But it lasted just 5 days. I expect the cap is reached today.

I was hoping they were going to just diminish the dev cut based on the early completion of the IPO?

[dzarmush]

The total amount of Crypti in existence will be 100 Million and 85% will be distributed to shareholders so where from 30% bonus comes from? It can only come from 15% coins
reserved for initial investor and developers. If not, buying on the last day when bonus will be 0% would mean not actualy getting (coins + 0% bonus) but (coins - 30% bonus).

Can someone from developers clarify the matter?

It's really simple math that was already explained.

The bonus will be added to your BTC amount before the shares are calculated.

Considering length of the IPO there won't be 25-30% bonuses, but 0-5%. In order to get 30% bonus IPO should last 30 days with 0% for the 30th day. But it lasted just 5 days. I expect the cap is reached today.

I was hoping they were going to just diminish the dev cut based on the early completion of the IPO?

15% is not much at all. Devs are working hard and giving us one hell of a coin. We can't ask them to shrink their cut. Especially considering the fact that they're not going to keep IPO money to themselves but put it back into the coin.

[ARGpentem]

The total amount of Crypti in existence will be 100 Million and 85% will be distributed to shareholders so where from 30% bonus comes from? It can only come from 15% coins
reserved for initial investor and developers. If not, buying on the last day when bonus will be 0% would mean not actualy getting (coins + 0% bonus) but (coins - 30% bonus).

Can someone from developers clarify the matter?

It's really simple math that was already explained.

The bonus will be added to your BTC amount before the shares are calculated.

Considering length of the IPO there won't be 25-30% bonuses, but 0-5%. In order to get 30% bonus IPO should last 30 days with 0% for the 30th day. But it lasted just 5 days. I expect the cap is reached today.

I was hoping they were going to just diminish the dev cut based on the early completion of the IPO?

15% is not much at all. Devs are working hard and giving us one hell of a coin. We can't ask them to shrink their cut. Especially considering the fact that they're not going to keep IPO money to themselves but put it back into the coin.

I agree. Demanding more is greedy not the other way around. btw it looks like the IPO is going to end soon if not already is over.

[dzarmush]

The total amount of Crypti in existence will be 100 Million and 85% will be distributed to shareholders so where from 30% bonus comes from? It can only come from 15% coins
reserved for initial investor and developers. If not, buying on the last day when bonus will be 0% would mean not actualy getting (coins + 0% bonus) but (coins - 30% bonus).

Can someone from developers clarify the matter?

It's really simple math that was already explained.

The bonus will be added to your BTC amount before the shares are calculated.

Considering length of the IPO there won't be 25-30% bonuses, but 0-5%. In order to get 30% bonus IPO should last 30 days with 0% for the 30th day. But it lasted just 5 days. I expect the cap is reached today.

I was hoping they were going to just diminish the dev cut based on the early completion of the IPO?

15% is not much at all. Devs are working hard and giving us one hell of a coin. We can't ask them to shrink their cut. Especially considering the fact that they're not going to keep IPO money to themselves but put it back into the coin.

I agree. Demanding more is greedy not the other way around. btw it looks like the IPO is going to end soon if not already is over.

Yep. Every investor will have x10 before Autumn. Can't ask for more.

I feel like it's not impossible to have market cap close to Nxt. With all this foundation stuff and negotiations with merchants. The team is damn serious about this coin. And 50 000 BTC market cap means x66.6 ROI for us.

[TwinWinNerD]

15% is either much or little, this depends on what they will deliver.

[cjp007]

The total amount of Crypti in existence will be 100 Million and 85% will be distributed to shareholders so where from 30% bonus comes from? It can only come from 15% coins
reserved for initial investor and developers. If not, buying on the last day when bonus will be 0% would mean not actualy getting (coins + 0% bonus) but (coins - 30% bonus).

Can someone from developers clarify the matter?

It's really simple math that was already explained.

The bonus will be added to your BTC amount before the shares are calculated.

Considering length of the IPO there won't be 25-30% bonuses, but 0-5%. In order to get 30% bonus IPO should last 30 days with 0% for the 30th day. But it lasted just 5 days. I expect the cap is reached today.

I was hoping they were going to just diminish the dev cut based on the early completion of the IPO?

15% is not much at all. Devs are working hard and giving us one hell of a coin. We can't ask them to shrink their cut. Especially considering the fact that they're not going to keep IPO money to themselves but put it back into the coin.

I agree. Demanding more is greedy not the other way around. btw it looks like the IPO is going to end soon if not already is over.

Yep. Every investor will have x10 before Autumn. Can't ask for more.

I feel like it's not impossible to have market cap close to Nxt. With all this foundation stuff and negotiations with merchants. The team is damn serious about this coin. And 50 000 BTC market cap means x66.6 ROI for us.

I am confident this coin will exceed Nxt's market cap...

[GreXX]

My best guess right now is that we are just shy of the 750.

I am calculating based on a sell order from BTER of 1000 with 155 left, and refund order of 200 with 65 left.

That equates to

1000-155 = 845 BTC Sold

200-65 = 135 Refunded

Maxmint = 22 BTC Sold

So 845 - 135 + 22 = 732 BTC.

I'm not sure that is 100% accurate but I think it is close to the right numbers. We are waiting to hear back from BTER.

[dzarmush]

My best guess right now is that we are just shy of the 750.

I am calculating based on a sell order from BTER of 1000 with 155 left, and refund order of 200 with 65 left.

That equates to

1000-155 = 845 BTC Sold

200-65 = 135 Refunded

Maxmint = 22 BTC Sold

So 845 - 135 + 22 = 732 BTC.

I'm not sure that is 100% accurate but I think it is close to the right numbers. We are waiting to hear back from BTER.

Remember those several 4.67 buys and sells in a row? They reduced buy order by 20-25 BTC. Some other people who sold probably also bought back.

So it's more like 732 BTC + 20-50 BTC = 752-782 BTC.

But my guess is that admins left 950 BTC not 1000 BTC in sell orders because of 200 BTC in buy orders.

[GreXX]

In order for that person to refund 4.6 BTC over and over, he had to keep buying. Each time he bought, he sold. Ultimately, the 2 numbers cancel each other out and so the match should add up in the end. Each one of his purchases is accounted for in the 1000-155 total sales volume, and each refund is accounted for in the 200-65 refund volume. Each buy and sell action he conducted was logged by the system correctly and therefore is accounted for in those numbers.

Edit: Also for reference I have a confirmed message from BTER that when they lowered the CRSALE from the initial 5000 amount, 1000 was the number they accounted for. So the 1000 is confirmed by BTER.

[dzarmush]

In order for that person to refund 4.6 BTC over and over, he had to keep buying. Each time he bought, he sold. Ultimately, the 2 numbers cancel each other out and so the match should add up in the end. Each one of his purchases is accounted for in the 1000-155 total sales volume, and each refund is accounted for in the 200-65 refund volume. Each buy and sell action he conducted was logged by the system correctly and therefore is accounted for in those numbers.

Edit: Also for reference I have a confirmed message from BTER that when they lowered the CRSALE from the initial 5000 amount, 1000 was the number they accounted for. So the 1000 is confirmed by BTER.

I didn't think about it. You're right.

[Quantumtangles]

Interestingly the trolls have grown quiet. Imagine their growing horror as they saw the presale ticking away like a swiss watch. Had they really missed out on a potentially seismic event in crytocurrency evolution just because they were too busy making horrid comments?

The first few minutes of trading action will be electric. Almost worth the sum of my meagre investment just to see what happens next.

Kick off at 00.00 UTC on 10 August 2014 should be fascinating. Fear, greed, wisdom, ignorance, arrogance, excitement. Should be a spectacle to remember provided whales have not somehow managed to get hold of more than 2% each.

By way of disclaimer (and to feed the trolls in the unlikely event the exciting new development does not immediately meet market expectations) I thought you should know that I sold the ranch. Entirely invested in Crypti now (as of day 2 and a little more invested on day 3 for good measure).

Beginning to think the investment on day 3 might have been too late as the cap may already have been reached unless some buyers pull out. Hard to tell but the d00ds at Bter probably know the score with some accuracy.

Anyways, best of luck to all of you intelligent dreamers. Very well done to the dev team for coming up with something genuinely exciting and innovative. I would have sold the ranch anyway just to know I have a ticket 

[Wulfcastle]

Interestingly the trolls have grown quiet. Imagine their growing horror as they saw the presale ticking away like a swiss watch. Had they really missed out on a potentially seismic event in crytocurrency evolution just because they were too busy making horrid comments?

The first few minutes of trading action will be electric. Almost worth the sum of my meagre investment just to see what happens next.

Kick off at 00.00 UTC on 10 August 2014 should be fascinating. Fear, greed, wisdom, ignorance, arrogance, excitement. Should be a spectacle to remember provided whales have not somehow managed to get hold of more than 2% each.

By way of disclaimer (and to feed the trolls in the unlikely event the exciting new development does not immediately meet market expectations) I thought you should know that I sold the ranch. Entirely invested in Crypti now (as of day 2 and a little more invested on day 3 for good measure).

Beginning to think the investment on day 3 might have been too late as the cap may already have been reached unless some buyers pull out. Hard to tell but the d00ds at Bter probably know the score with some accuracy.

Anyways, best of luck to all of you intelligent dreamers. Very well done to the dev team for coming up with something genuinely exciting and innovative. I would have sold the ranch anyway just to know I have a ticket 

Expect a pump in price anywhere between 3x-10x the current price as those who lost out on the IPO scramble to get their hands on Crypti.

[Quantumtangles]

I do not claim specialist knowledge but beyond a peradventure I think thats probably right wulf.

[dzarmush]

I bet 2% investors will be holding for months if not years. If one can afford to invest 15 BTC he must have learnt something by this point and won't go for a few quick bucks.

Small investors might dump at x3-x4 price coz they don't see potential or just don't know that as less they sell as more money they get.

[Quantumtangles]

I was doing some basic math. If an investor holds 1 BTC worth of Crypti, that translates to 100,000 coins (plus early investment bonuses which all investors must get to some extent because they are essentially sold out already to all intents and purposes).

If the price per Crypti hits 0.16 BTC, that would value each Crypti at $100, yielding a return of $12.5m dollars on an investment of 1 BTC. However, the fast buck merchants will sell at x4 or x10 which will give investors who missed out on the IPO a crack at making long term money.

[dzarmush]

I was doing some basic math. If an investor holds 1 BTC worth of Crypti, that translates to 100,000 coins (plus early investment bonuses which all investors must get to some extent because they are essentially sold out already to all intents and purposes).

If the price per Crypti hits 0.16 BTC, that would value each Crypti at $100, yielding a return of $12.5m dollars on an investment of 1 BTC. However, the fast buck merchants will sell at x4 or x10 which will give investors who missed out on the IPO a crack at making long term money.

16'000'000 BTC market cap? It's more than Bitcoin itself )

[TwinWinNerD]

I was doing some basic math. If an investor holds 1 BTC worth of Crypti, that translates to 100,000 coins (plus early investment bonuses which all investors must get to some extent because they are essentially sold out already to all intents and purposes).

If the price per Crypti hits 0.16 BTC, that would value each Crypti at $100, yielding a return of $12.5m dollars on an investment of 1 BTC. However, the fast buck merchants will sell at x4 or x10 which will give investors who missed out on the IPO a crack at making long term money.

16'000'000 BTC market cap? It's more than Bitcoin itself )

It is a good investment argument

SKY is the limit. (I wish!)

[jibble]

rofl basic math.

so basic it is math that has no relation to reality.

I was also doing some basic math, if crpyti reaches 250btc per coin. that's a lot of money

[dzarmush]

I've read some news today. Looks like Bitcoin is really going to $10K-20K mark within a couple of years or so.

In this case if Crypti market cap is 50K BTC, 1 BTC investment return will be $500K-1M. It's somewhat possible. But $12.5M, unlikely.

[Djinou94]

Ipo is close after the 750 BTC?