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Poll
Question: Should early trading be authorized as per the terms laid out in the announcement?
Yes - 62 (66.7%)
No - 31 (33.3%)
Total Voters: 93

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Author Topic: Should we enable the Crypti owners to trade their holdings right now?  (Read 3759 times)
Litoshi
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July 24, 2014, 11:08:22 PM
 #21

So how will the bonus % work if CRSALE is being traded? The bonus % will be attached to the bter account opposed to the CRSALE stake?

They are converting the CRShares to pre-coins

GreXX
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July 24, 2014, 11:12:33 PM
 #22

So how will the bonus % work if CRSALE is being traded? The bonus % will be attached to the bter account opposed to the CRSALE stake?

The CRSALE will be converted to a new token that will be the amount you purchased (including the bonus %) that would be trade-able on BTER. The only difference from that and a normal currency at that point is that you cannot withdraw the coins and you aren't yet paying transaction fees on the network (as it doesn't exist). The ability to withdraw the funds and the introduction of transaction fees would occur when the blockchain becomes active on the 10th.

MessyCoin
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July 25, 2014, 12:04:35 AM
 #23

Genesis investors knew the rules when they invested. They were put to their election and bought shares, knowing full well that the IPO shares/coins would not be publicly tradable until 10 August 2014.

Although early trading may benefit some, this is my feeling. Seems unprofessional or even opportunistic to change the plan. Some genesis investors may be relying on the rules as originally stated.

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July 25, 2014, 02:14:48 AM
 #24

It is a good idea.Because that the IPO of ETH has made people  revaluate the value of crypti.Some people complain themself no to join the ipo of crypti on time .so,I think there are some request to re-join the pre-sale of crypti in the marketing and it is also helpful to relocation the value of crypti ipo. The pre-sale of pre-coin is also a promotion activity before the lanuch of real coins and useful to improve the marketing cap of the coin.
gagalady
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July 25, 2014, 02:19:22 AM
 #25

The presale should have been hosted on Nxt platform.
U
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July 25, 2014, 07:42:54 AM
 #26

The presale should have been hosted on Nxt platform.
over

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michaelb87
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July 25, 2014, 09:29:44 AM
 #27

Think there is consensus to start trading CRSALE. Please start asap otherwise it's useless because launch is near.
mishax1
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July 25, 2014, 11:07:01 AM
 #28

нeт!

Stick to the schedule and stop changing opinions all the time !  We had enough when you changed IPO rules !

Stick to the plan and release at the original schedule and meanwhile work on your product !

shadowduck
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July 25, 2014, 12:35:32 PM
 #29

Think there is consensus to start trading CRSALE. Please start asap otherwise it's useless because launch is near.
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July 25, 2014, 12:57:00 PM
 #30

I don't think a simple majority vote should suffice as many investors will not even check back until the agreed on launch date and have no clue this poll is up. It is impossible to check on every investment continuously and when a date is set it should be adhered to. If not then the trust is already eroded. Especially with big investors that will no longer trust future announcements. This really should not even be a discussion.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Litoshi
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July 25, 2014, 02:36:38 PM
 #31

ONE IMPORTANT DETAIL has been overlooked:

Once trading starts for per-coins, the ability to get a refund on your pre-sale investment ends.

SOOOOOOO...... if the price goes down, tough luck

Looks like the average price in the pre-sale comes to 1140 satoshi per CXX

poornamelessme
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July 25, 2014, 04:50:48 PM
 #32

Think there is consensus to start trading CRSALE. Please start asap otherwise it's useless because launch is near.
nod~~~~

Yeah, might as well rush this, so they can do a pre-sale really quickly, seeing as the actual sale is right around the corner anyway. So let's change the rules of the ipo. It's crazy.

And as stated, it messes up the sell-back terms as stated in the ipo to begin with. I also wonder how many that are so eager for this early pre-sale simply want to dump so they can buy into the Ether IPO? It may be a coincidence, but the max coin offer for Ether ends in around 12 days, which may explain why people can't wait a measly 16 or so days for this to hit a marketplace normally.
Litoshi
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July 25, 2014, 06:30:24 PM
 #33

Think there is consensus to start trading CRSALE. Please start asap otherwise it's useless because launch is near.
nod~~~~

Yeah, might as well rush this, so they can do a pre-sale really quickly, seeing as the actual sale is right around the corner anyway. So let's change the rules of the ipo. It's crazy.

And as stated, it messes up the sell-back terms as stated in the ipo to begin with. I also wonder how many that are so eager for this early pre-sale simply want to dump so they can buy into the Ether IPO? It may be a coincidence, but the max coin offer for Ether ends in around 12 days, which may explain why people can't wait a measly 16 or so days for this to hit a marketplace normally.

Yes, many will sell just enough CXX shares to get back their original investment and let the profit ride for awhile.  Then either sit on the BTC and wait for the price of CXX to drop and then buy, or invest in Etherium.

Sounds bad, but it will allow the investment by those that were waiting for the last few days of the 30 day sale to invest in the coin now.


SyRenity
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July 26, 2014, 10:13:00 AM
 #34

Stick to the schedule and stop changing opinions all the time !  We had enough when you changed IPO rules !

Stick to the plan and release at the original schedule and meanwhile work on your product !

Please point me to any pre-sale rule that was "changed" after the pre-sale started, other then the max cap, which was only introduced after a wide community request.
This poll was born after same multiple requests, both in public and in private, to us and to Bter. Thanks to the ledger, we already know exactly how much Crypti Bter will get, and if early trading enabled, Bter will simply send these Crypti to the withdrawing accounts.

The work on Crypti is proceeding as scheduled, with the ledger being updated today with all remaining issues fixed, and the new PoS being tested. We will post soon the first dev post in the blog, outlining the ongoing work in progress.
SyRenity
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July 26, 2014, 10:16:01 AM
 #35

Once trading starts for per-coins, the ability to get a refund on your pre-sale investment ends.

We are completely open about this in the post, buyers should certainly take it in consideration when voting.

It's important to note that as per our pre-sale declaration, the funds will be transferred into multi-sig / insured (CoPay or Xapo) wallet, both publicly visible and controlled by the Foundation.
SyRenity
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July 26, 2014, 10:23:40 AM
 #36

I don't think a simple majority vote should suffice as many investors will not even check back until the agreed on launch date and have no clue this poll is up. It is impossible to check on every investment continuously and when a date is set it should be adhered to.

It's a good comment, and I will ask Bter to add a link to this poll at CRSALE, so everyone checking there could see it.

We are looking to reach a high enough number of voters, which will represent a large enough sampling of the buyers community.
U
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July 26, 2014, 10:31:20 AM
 #37

when can trade the crypti token?

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cloudlover
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July 27, 2014, 02:47:07 PM
 #38

when can trade the crypti token?
Magiklair
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July 27, 2014, 02:56:46 PM
 #39

when will the decision be made (is there a deadline)? Whether it be "yes" or "no".
Regards
realthe
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July 27, 2014, 03:12:32 PM
 #40

Many voters are not investors. So I doubt the vote result.

It should trade at launch time Aug.10 as the OP.
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