xtester
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July 16, 2014, 09:56:14 AM |
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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? Just wait till August 10th and get your Crypti on your Bter account. Bter left buy order opened, so if you want you can refund yourself by selling CRSALE. Thanks for the info.
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xtester
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July 16, 2014, 09:57:47 AM |
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Could you please elaborate on this? How will we proceed now that the cap is reached?
We (the Crypti team) will continue working hard both on Crypti technology and business development, posting here tangible results periodically. Moreover, we will use this period to finalize the Foundation charter and establish the Foundation from Crypti launch team and community members, and finalize the remaining materials (white-paper, ledger, site, etc...). Once the August the 10th arrives, we will officially launch Crypti mainnet, and start distributing the genesis block to buyers. Right, I think it would be good if you could update the OP to add this info.
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xtester
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July 16, 2014, 09:59:40 AM |
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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
We apologize for this issue, as correctly mentioned before there is unfortunately no correlation between Bter and Maxmint channels, hence there was no way to know in advance which channel will reach the cap. We are looking to receive Bter data soon and launch the ledger, to have the questions regarding the future distribution clarified. There's nothing to apologize about. You did a great job.
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jaspita
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:23:37 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
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pabloangello
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July 16, 2014, 10:25:13 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today.
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iGoodw1n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:26:30 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached.
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pabloangello
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July 16, 2014, 10:30:36 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Ow really? Why there is no info about it on Bter?
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Acidyo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:30:41 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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jaspita
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:35:52 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And what would happen if I send some BTC to maxminte escrow address?
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Acidyo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:38:53 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And what would happen if I send some BTC to maxminte escrow address? You would probably be refunded as the pre-sale is now over. Only chance for people to buy will be when others sell their stake.
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iGoodw1n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 10:54:22 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And what would happen if I send some BTC to maxminte escrow address? You would probably be refunded as the pre-sale is now over. Only chance for people to buy will be when others sell their stake. Devs can make Crypti token on NXT.
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JulioCesar
Member
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Offline
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Merit: 10
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July 16, 2014, 10:59:31 AM Last edit: July 16, 2014, 12:46:14 PM by JulioCesar |
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How many Crypties you get per BTC?
This depends on whether or not we reach the 750 BTC cap (which it is looking like we will). If so, there is a calculation somewhere that showed I believe the math worked out to around 113,000 (not accounting for bonus %). The amount of Crypti you get at launch will be equal to the percentage of total funds raised that you contributed. So if we raise 750 BTC, your percentage of the 85,000,000 will be your percentage invested of the 750 BTC. there will be 85 mio Crypti? Then i receive 113.333 Crypti??
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1b7150efc4abdc96f11a0b678d974541318a4a7973e0588d4849651551963a7d
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xtester
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 11:03:16 AM |
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UPD: I personally have no problem with keeping the original period going and have an opportunity to refund at any moment. But I guess it'll better to listen what others think.
I agree, and if the community does agree now to close the pre-sale period, and ready to vote for it in a separate thread to indicate there is a majority beyond this decision, then we will be able to raise it to our escrow partners and discuss closing the pre-sale. I also see not problem with that.
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markus1000
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July 16, 2014, 11:05:14 AM |
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i agree, pronounced IPO limits should not be adjusted after the fact!
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josephliton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 11:12:57 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ipo is overrrrr. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.best-gif.com%2Fwp-content%2Fuploads%2F2014%2F02%2Ffunny-gifs-Worst-end-of-a-Mario-World-ever.gif&t=665&c=jucf1Pns9GefGg)
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jaspita
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 11:15:55 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ipo is overrrrr. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.best-gif.com%2Fwp-content%2Fuploads%2F2014%2F02%2Ffunny-gifs-Worst-end-of-a-Mario-World-ever.gif&t=665&c=jucf1Pns9GefGg) Hahaha, exactly how I feel!
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pabloangello
Legendary
Offline
Activity: 1344
Merit: 1001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2014, 11:22:34 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ipo is overrrrr. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.best-gif.com%2Fwp-content%2Fuploads%2F2014%2F02%2Ffunny-gifs-Worst-end-of-a-Mario-World-ever.gif&t=665&c=jucf1Pns9GefGg) Hahaha, exactly how I feel! I have the strong feeling that DEMAND IS HIGH! Sorry bro you haven't got it on time.
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Hueristic
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Doomed to see the future and unable to prevent it
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July 16, 2014, 11:33:36 AM |
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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. I see this as a twofold win, One it shows the devs are standing by their word and not running with the funds and two it gives them the time they had originally planned on to do the work they had slated in their timeline for this month. 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.
Changing terms after a sale is bad business and should always be avoided. There are many reasons for this that I'm to many coffee's short right now to point out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 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?
It only possible to refund CRSALE at the moment, otherwise trading on CRSALE purchase tokens themselves will be not possible. no ,I do not point it .What I want to say is why do not close the ipo when reach the 750BTCs. Do to it being a market in flux which will remain so for the 30 days originally announced. Add someone in IL just because he has sense of humor?
NO... I had also replied to one of his posts earlier... TRUST ME... when you see me make that post... FOLLOW MY LEAD & NEVER LOOK BACK... your life on bitcointalk will become much better... I can even send you the full list of ~200... just let me know! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is you prerogative and loss. 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.
We prefer to stick to the original terms, however as you correctly said, in case someone refunds his stake, they will get the refunded amount together with the 24% bonus (prioritized by the time of their purchase). Swaying with the BitcoinTalk crowd breeze is a path to destruction you do not want to follow. Stick to you word. that is all you really have in this world and once it's lost ...
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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pabloangello
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July 16, 2014, 11:51:33 AM |
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We need some official statement that presell is over and what next now.
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mladen00
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K-ing®
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July 16, 2014, 11:52:02 AM |
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I cant find the answer in the OP.
Is it possible to invest in bter or the IPO is finished yet?
Thanks!
Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTCHurry up it probably will end today. It has finished, market cap 750 btc was reached. Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if someone want's to get out (Withdrawal), btc from buy orders are going in 750BTC IPO. Buy order is waiting list ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Now we are waiting IPO end date: 10 august.
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IOTA
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