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[SyRenity]

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.

Indeed, however the community reaction to this was quite negative at the time.
Moreover our escrow partners have additionally urged us to withstand with the originally announced terms, which we also respect.

[PilotofBTC]

Sounds like you're going to keep IPO open 25 more days.

The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.

I don't see the point, if the cap was reached. But, neither do I have a problem with it.

[Eadeqa]

Sounds like you're going to keep IPO open 25 more days.

The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.

I don't see the point, if the cap was reached. But, neither do I have a problem with it.

Some might want a refund. That will allows others who missed it to buy.

There are no sell orders now

https://bter.com/trade/crsale_btc

But 61 buy orders

[dzarmush]

Sounds like you're going to keep IPO open 25 more days.

The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.

I don't see the point, if the cap was reached. But, neither do I have a problem with it.

Some might want a refund. That will allows others who missed it to buy.

There are no sell orders now

https://bter.com/trade/crsale_btc

But 61 buy orders

Now it's perfect. Everybody can be refunded but no confusion either IPO is still going on or not.

[Eadeqa]

Now it's perfect. Everybody can be refunded but no confusion either IPO is still going on or not.

Though what does 61 buy orders mean? Everyone who bought it should have a stake. It's bter fault if they sold more than 750

[SyRenity]

Important update

As the cap of 750 BTC was reached, we have set the current buy order on Bter to 0.
It will be possible in future to create buy orders, which will be processed in case of refunds (with the bonus applied at the moment of the actual buy).

Also we should finally get the actual buy/sell data from Bter soon, and will be able to launch the ledger with Crypti estimated allocations.

[dzarmush]

I've got a suggestion. If other investors don't mind how about letting those people over 750 BTC keep their stakes? It's just 761 BTC instead of 750, so not a big difference for majority but we'll have more initial stakeholders and some of them might be helpful.

Although someone still could refund 11 BTC until August 10th and they'll got stakes automatically.

[Eadeqa]

As the cap of 750 BTC was reached, we have set the current buy order on Bter to 0.

Does everyone who owns CRSALE right now gets the stake before you set buy order to 0 regardless if it's over 750 BTC? I say yes, because it's clearly your mistake as you sold more than 750

[dzarmush]

Though what does 61 buy orders mean?

It means that investors can sell their stakes and get their BTC back.

[Primitive]

Does everyone who owns CRSALE right now gets the stake before you set buy order to 0 regardless if it's over 750 BTC? I says yes, because it's clearly your mistake is you sold more than 750

its also very clearly explained in the OP and related document that there was a cap of 750.  people need to take personal responsibility and stop blaming others.

i don't care what the devs do on this issue, but if they decide to not honor purchases that came after the cap is reached, then they would be well within their rights to do so.

[samsmith16]

Sounds like you're going to keep IPO open 25 more days.

The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.

I don't see the point, if the cap was reached. But, neither do I have a problem with it.

Some might want a refund. That will allows others who missed it to buy.

There are no sell orders now

https://bter.com/trade/crsale_btc

But 61 buy orders

Right so once 10.90668072 has been returned to the buy orders then any other returns will be added to the sell order... allowing some late comer to buy in...

I'm ok with you leaving this open stuff happens in life and ppl may need to pull out in an emergent need...

[Eadeqa]

Does everyone who owns CRSALE right now gets the stake before you set buy order to 0 regardless if it's over 750 BTC? I says yes, because it's clearly your mistake is you sold more than 750

its also very clearly explained in the OP and related document that there was a cap of 750.  people need to take personal responsibility and stop blaming others.

Why did they sell more than 750 BTC if that was the limit? Looks to me they are the ones who screwed up, not the buyers who bought it legitimately.   They should fix the problem

[samsmith16]

I guess the only sticky part is the 10 btc on the waiting list... they technically put their btc in now and would be entitled to a 24% bonus but there is no telling which day the return will happen that will let them come off the waiting list... So what % bonus do they get for having thier btc tied up for the next 3 weeks to potentially get them right back if no one returns...


edit: I invested days ago just trying to speak for everyone...

[dzarmush]

Why did they sell more than 750 BTC if that was the limit? Looks to me they are the ones who screwed up, not the buyers who bought it legitimately. They should fix the problem.

Nobody screwed anything. There were two investments options: Bter and Maxmint. They weren't synced so devs notified everybody several times that all investment over 750 BTC will be refunded. See no problem here. Those who were late won't lose anything, they'll get their money back. Or if someone decides to refund they'll get stakes.

[weedo84]

Does everyone who owns CRSALE right now gets the stake before you set buy order to 0 regardless if it's over 750 BTC? I says yes, because it's clearly your mistake is you sold more than 750

its also very clearly explained in the OP and related document that there was a cap of 750.  people need to take personal responsibility and stop blaming others.

i don't care what the devs do on this issue, but if they decide to not honor purchases that came after the cap is reached, then they would be well within their rights to do so.

haha, Primitive, you're here angry at the trolls as well!? ; P

[Acidyo]

Hello everyone!

Just want to remind you about our sub-reddit. Come on by and check it out, we will start using it a lot in the upcoming launch of the coin!

http://www.reddit.com/r/Crypti

Cheers!

[Primitive]

haha, Primitive, you're here angry at the trolls as well!? ; P

  its not quite as bad over here as the VIA thread.   i didnt have my second cup of coffee today and i've had a short fuse all day

[cloudlover]

Sounds like you're going to keep IPO open 25 more days.

The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.

Pardon me for speaking frankly，if the ipo reach your object for 750BTCs,what means do the ipo stand by the original terms? let guys buy and be refunded,it is good game? we all konw there is  no change to join IPO,but still open the trading?why?

[xtester]

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.

Indeed, however the community reaction to this was quite negative at the time.
Moreover our escrow partners have additionally urged us to withstand with the originally announced terms, which we also respect.

Could you please elaborate on this? How will we proceed now that the cap is reached?

[crypti]

OP post updated

Dev news

P2P version (another blockchain, testnet, testing)

http://146.148.20.50:6040/
http://188.226.215.51:6040/

PoS will be available today(evening, night)-tomorrow(morning).

Fixes:

• Refactoring in transactions.
• Moved all passphrase operations to POST requests from GET. Thanks community for response.
• Fixed some little issues in UI.

Reddit

Reddit added to OP post: http://www.reddit.com/r/Crypti

Issues

Post all issues to https://github.com/crypti/crypti-public/issues or to my PM.

Thank you!