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Author Topic: [ANN] Storjcoin X (SJCX) - A Coin for Decentralized Cloud Storage  (Read 400915 times)
LazerPanther
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August 19, 2014, 03:23:37 AM
 #101

So if my BTC aren't confirmed in my XCP wallet within the about 37 minutes from now, I'm screwed? Coinbase & Blockchain are slow af.....
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bitcoinwonders010
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August 19, 2014, 03:26:43 AM
 #102

im looking at the crowdsale there are 3 stage right that need to be completed or are the other two not gonna happen
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August 19, 2014, 03:51:35 AM
 #103

My bitcoins have been sending for 22 minutes from the Counterwallet. This is great...
Vandalay23
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August 19, 2014, 08:14:44 AM
 #104

What's the current amount of coins in circulation?
Including dev's and community pools.
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August 19, 2014, 09:15:51 AM
 #105

Well, the crowdsale is over. How do I participate Medadisk and DriveShare beta test? Why is the topic still not updated? Roadmap?

And how about marketing? More then 900 BTC is fair enough to start marketing comaign.

I expected something more then deathly silence in this topic after launch.

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August 19, 2014, 09:25:25 AM
 #106

im looking at the crowdsale there are 3 stage right that need to be completed or are the other two not gonna happen


Crowdsale ended 18 august, target was 9800BTC (raised 910).

Phase 1
0 - 1,800 BTC 38,500 SJCX per Bitcoin.

Phase 2
1,800 - 4,800 BTC 36,750 SJCX per Bitcoin.

Phase 3
4,800 - 9,800 BTC 32,480 SJCX per Bitcoin.


IPO IS OVER! ( Undecided )





Vandalay23
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August 19, 2014, 11:57:16 AM
 #107

What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....
bitcoinwonders010
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August 19, 2014, 11:59:49 AM
 #108

yes im waiting  for that too
profitofthegods
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August 19, 2014, 12:01:22 PM
 #109

What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....


They aren't keeping them. They will be added to the coins available during early mining or used as part of future crowdsales for additional projects (decentralized youtube, imgur etc). I don't think they've announced the precise breakdown but you can get more information on this from storjtalk.org.
Vandalay23
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August 19, 2014, 12:05:02 PM
 #110

So you mean I should go through all this forum and try to find an answer for the most basic question of a future investor Huh

Seems ridiculous to me and unprofessional...
There is an OP to this thread and it should have been updated already with all the juicy details...
 


What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....


They aren't keeping them. They will be added to the coins available during early mining or used as part of future crowdsales for additional projects (decentralized youtube, imgur etc). I don't think they've announced the precise breakdown but you can get more information on this from storjtalk.org.
sdersdf2
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August 19, 2014, 12:10:07 PM
 #111

There's something in the terms that suggests BTC raised from this round faces the risk of being diluted to 10% in a future round. I'll see if I can dig up the reference - could the dev elaborate on this?
bitcoinwonders010
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August 19, 2014, 12:11:45 PM
 #112

im looking at the crowdsale there are 3 stage right that need to be completed or are the other two not gonna happen


Crowdsale ended 18 august, target was 9800BTC (raised 910).

Phase 1
0 - 1,800 BTC 38,500 SJCX per Bitcoin.

Phase 2
1,800 - 4,800 BTC 36,750 SJCX per Bitcoin.

Phase 3
4,800 - 9,800 BTC 32,480 SJCX per Bitcoin.


IPO IS OVER! ( Undecided )







well this is just not good as it will cause dilution. with an extra 465million coming dilution is too much you could be looking at 300sats
profitofthegods
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August 19, 2014, 12:12:11 PM
 #113

So you mean I should go through all this forum and try to find an answer for the most basic question of a future investor Huh

Seems ridiculous to me and unprofessional...
There is an OP to this thread and it should have been updated already with all the juicy details...
 


What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....


They aren't keeping them. They will be added to the coins available during early mining or used as part of future crowdsales for additional projects (decentralized youtube, imgur etc). I don't think they've announced the precise breakdown but you can get more information on this from storjtalk.org.

Yeah they don't have the best communication and they seem to want to delay decisions to the last moment when actually people need to know before then, which is a shame because its a really interesting idea with lots of potential.
sdersdf2
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August 19, 2014, 12:12:20 PM
 #114

There's something in the terms that suggests BTC raised from this round faces the risk of being diluted to 10% in a future round. I'll see if I can dig up the reference - could the dev elaborate on this?

Here it is:

http://storj.io/CrowdsaleTerms.pdf

"To reward early adopters, holders of SJCX at the time of creation of new coins will automaticallybe given at least a 10% stake in the new versions of Storjcoin. This will allow us, and other 3rdparties to experiment with new blockchain technology before integrating it into SJCX, butmaking sure that SJCX holders get their fair share in the interim"


So whatever stake a buyer gets could be diluted by 90% in some future round? Am I reading this right?
profitofthegods
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August 19, 2014, 12:14:02 PM
 #115

There's something in the terms that suggests BTC raised from this round faces the risk of being diluted to 10% in a future round. I'll see if I can dig up the reference - could the dev elaborate on this?

Here it is:

http://storj.io/CrowdsaleTerms.pdf

"To reward early adopters, holders of SJCX at the time of creation of new coins will automaticallybe given at least a 10% stake in the new versions of Storjcoin. This will allow us, and other 3rdparties to experiment with new blockchain technology before integrating it into SJCX, butmaking sure that SJCX holders get their fair share in the interim"


So whatever stake a buyer gets could be diluted by 90% in some future round? Am I reading this right?


No, this doesn't mean new SJCX will be created, they mean that they might create other decentralized apps with their own coins, and if you have a SJCX you get a share in those new projects too - sort of like Bitshares PTS.
smokim87
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August 19, 2014, 12:14:24 PM
 #116

What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....


3.5 million or 35 million? I multiplied the amount of coins you get for 1 btc which is 38,500 coins with 910 btc and got 35 million.
sdersdf2
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August 19, 2014, 12:18:05 PM
 #117

There's something in the terms that suggests BTC raised from this round faces the risk of being diluted to 10% in a future round. I'll see if I can dig up the reference - could the dev elaborate on this?

Here it is:

http://storj.io/CrowdsaleTerms.pdf

"To reward early adopters, holders of SJCX at the time of creation of new coins will automaticallybe given at least a 10% stake in the new versions of Storjcoin. This will allow us, and other 3rdparties to experiment with new blockchain technology before integrating it into SJCX, butmaking sure that SJCX holders get their fair share in the interim"


So whatever stake a buyer gets could be diluted by 90% in some future round? Am I reading this right?


No, this doesn't mean new SJCX will be created, they mean that they might create other decentralized apps with their own coins, and if you have a SJCX you get a share in those new projects too - sort of like Bitshares PTS.


so by new versions of SJCX you dont mean that the coins (and coin system) that's currently being presold might be replaced by something else that replaces the entire system. You're only talking about additional stakes in supplemental apps that will be build on top of the foundation. So people will retain the same stake they had at the start a it wont be diluted?
Vandalay23
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August 19, 2014, 12:18:42 PM
 #118

My bad... 35 M...
And still.... the point of the post stays the same....

What's the current amount of coins in circulation?
Including dev's and community pools.

Nobody from dev team will answer my question?
I wanna know what happened to all the coins that were supposed to be sold in crowd sale.
910 BTC = 3.5 M coins

OP says 500M.....

Quite a difference...

Silence means dev team is keeping the rest and will dump it on every1....


3.5 million or 35 million? I multiplied the amount of coins you get for 1 btc which is 38,500 coins with 910 btc and got 35 million.
Vandalay23
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August 19, 2014, 12:26:10 PM
 #119

BTW.... Dumping has started in Poloniex (to IPO price)....

If I were an IPO investor I would put some pressure on dev to answer some questions....
exoton
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August 19, 2014, 01:05:25 PM
 #120

Hi , I did the german translation on the forum , could you send a bounty , hopefully big enough to get acces to the mining software to 133zdgSu5rQit7EQ7M3utVz8dtVW98WnCr , I would realy like to use your software , however did not have any btc for the IPO. Tongue
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