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Author Topic: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign  (Read 112949 times)
finlon
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August 23, 2014, 09:12:12 PM
 #1101

Realize that if your first launch didn't go well, a second relaunch isn't gonna do better, especially if you don't provide a product or promised features prior to the relaunch.

If you're going to do a relaunch and also forcibly raise your marketcap by raising the ICO price, at least provide the promised features and products prior to the relaunch ICO. This whole thing just screams poor PR and any smart outsider will immediately place this in the scam bin.

Had been considering buying a nice chunk seeing the low prices for the week, but seeing how the devs work and how their planning/thinking process works, I've completely lost interest.

I think first launch didn't go well, as they got lot of criticism of having purchased MIT emails from Tabao which wasn't true. I also agree, dev should provide InSign atleast before the end of the 2nd ICO. Without that they will have no credibility.

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foxy
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August 23, 2014, 09:13:09 PM
 #1102

we are fixing the base price of INT at 0.0000080 BTC/INT ( Current market price) . The cost of purchasing INL at the ICO price will be equivalent to 0.0000900 BTC/INL , and all INT holders will be able to purchase it at 10 INT/ INL( this includes the  12.5% Bonus) .

looks like you might need to reanalyze your market because it's certainly not 800 anymore. also not even giving your initial investors a 1:1 trade in is a terrible decision now biting you in the ass. what's the plan if you make 13 BTC or less the second time round because with the way bittrex IPOs have gone lately it's a definite possibility.


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gorgo
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August 23, 2014, 09:13:20 PM
 #1103

So is this change from INT -> INL going to change anything with my coins? If I own 1% of all INT right now will I own 1% of all INL?

I do not care if they sell the rest of the coins or let them be mined for another 8 days. I only care if they are increasing the total number of coins to ever be created.
they wont increase total coins
but you will only get 1 INL for 10 INT
so you will end up owning 0,1 % of all the coins after the relaunch
cyberhacker
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August 23, 2014, 09:13:39 PM
 #1104

miner will still dump. INL will not hold 9000sats for sure.

this is cheating!
cyberhacker
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August 23, 2014, 09:16:18 PM
 #1105

So is this change from INT -> INL going to change anything with my coins? If I own 1% of all INT right now will I own 1% of all INL?

I do not care if they sell the rest of the coins or let them be mined for another 8 days. I only care if they are increasing the total number of coins to ever be created.
they wont increase total coins
but you will only get 1 INL for 10 INT
so you will end up owning 0,1 % of all the coins after the relaunch

this time they want sell at 9000 sats.

they will raise 300BTC (40BTC from existing INT cap+260 new INL)

the total cap after POW will be 900 BTC!


900 BTC for a crack of bullshit!


INSIGN is really sit.  not decentralized and not smart contract, but 1 10-year old kid gimmick.

 
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August 23, 2014, 09:18:51 PM
 #1106

should we keep our INT in our wallet or on bittrex to get INL from them?


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caga
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August 23, 2014, 09:19:27 PM
 #1107

So is this change from INT -> INL going to change anything with my coins? If I own 1% of all INT right now will I own 1% of all INL?

I do not care if they sell the rest of the coins or let them be mined for another 8 days. I only care if they are increasing the total number of coins to ever be created.
they wont increase total coins
but you will only get 1 INL for 10 INT
so you will end up owning 0,1 % of all the coins after the relaunch

this time they want sell at 9000 sats.

they will raise 300BTC (40BTC from existing INT cap+260 new INL)

the total cap after POW will be 900 BTC!


900 BTC for a crack of bullshit!


INSIGN is really sit.  not decentralized and not smart contract, but 1 10-year old kid gimmick.

 

They did say POW will be reduced. Or just make it pure POS so no dumping happens.

cyberspacemonkey
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August 23, 2014, 09:27:37 PM
 #1108

So is this change from INT -> INL going to change anything with my coins? If I own 1% of all INT right now will I own 1% of all INL?

I do not care if they sell the rest of the coins or let them be mined for another 8 days. I only care if they are increasing the total number of coins to ever be created.
they wont increase total coins
but you will only get 1 INL for 10 INT
so you will end up owning 0,1 % of all the coins after the relaunch

this time they want sell at 9000 sats.

they will raise 300BTC (40BTC from existing INT cap+260 new INL)

the total cap after POW will be 900 BTC!


900 BTC for a crack of bullshit!


INSIGN is really sit.  not decentralized and not smart contract, but 1 10-year old kid gimmick.

 

They did say POW will be reduced. Or just make it pure POS so no dumping happens.

I agree, they should make it pure PoS , that will provide more confidence against price dump.
Schild_
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August 23, 2014, 09:28:39 PM
 #1109

Once again, that announcement was a JOKE. Not enough information.
caga
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August 23, 2014, 09:30:48 PM
 #1110

Once again, that announcement was a JOKE. Not enough information.

dude seriously I have seen you complain about it like the 11th time now . Are you here to increase your post count? or just bashing this coin because you support SCHIT coin?
If the sole purpose of dev was to get money and get out, he wouldn't have donated to votes at C-Cex.

fartbags
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August 23, 2014, 09:32:28 PM
 #1111

SCAM move!


I have a better idea for you.

Stop the mining period tomorrow. Mine a block valued at the remaining coins. Sell off those coins.




No one is supporting this move.









is anyone here supporting this move?









.

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August 23, 2014, 09:34:09 PM
 #1112

What does that mean that fixing the base price of INT at 0.0000080 BTC/INT allows existing holders to sell their INT at the price?
How and when can we sell INT for 0.000008?
jiapetz
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August 23, 2014, 09:40:25 PM
 #1113

Realize that if your first launch didn't go well, a second relaunch isn't gonna do better, especially if you don't provide a product or promised features prior to the relaunch.

If you're going to do a relaunch and also forcibly raise your marketcap by raising the ICO price, at least provide the promised features and products prior to the relaunch ICO. This whole thing just screams poor PR and any smart outsider will immediately place this in the scam bin.

Had been considering buying a nice chunk seeing the low prices for the week, but seeing how the devs work and how their planning/thinking process works, I've completely lost interest.

I think first launch didn't go well, as they got lot of criticism of having purchased MIT emails from Tabao which wasn't true. I also agree, dev should provide InSign atleast before the end of the 2nd ICO. Without that they will have no credibility.

Should not be "before the end of the 2nd ICO", but rather before the ICO even starts. What's to stop them from taking the money a second time and pulling the same stunt or running off once they've made their bank the second round? Even providing it halfway through still means they can run off with half a fat paycheck for free.

Everyone should see that it needs to be provided prior to this second ICO, because that would be the only way to legitimize the coin and justify the relaunch. Anything less than this would simply be putting up facades to cover up whatever is happening behind the scenes and would made this coin more of a scam than a legit project.

The only reason a second ICO would be needed at all is if money was needed for this InSign project. However, seeing as how the dev team is full people with the necessary programming and technical skills, money obviously is not the issue and serves no purpose than to give the devs a fat payday before any work is done.

Thus, the only way to justify asking for more ICO money is to have an actual product upon delivery.

This whole situation is exactly the same as those scam companies that presale ASIC miners then withhold the machines for months. Think about it. If an ASIC company presold rigs to you and you paid for it, but they did not deliver the first time around, why would you fall for the same thing the second time around unless the company can show you proof that you get your product? Is this not the same thing as what is happening here?
gorgo
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August 23, 2014, 09:43:01 PM
 #1114

Once again, that announcement was a JOKE. Not enough information.

dude seriously I have seen you complain about it like the 11th time now . Are you here to increase your post count? or just bashing this coin because you support SCHIT coin?
If the sole purpose of dev was to get money and get out, he wouldn't have donated to votes at C-Cex.

You can't complain enough about this because it is basically stealing money from your investors. precisely 90% of your investors money.
The current market price and market cap have a meaning. That's what you are worth at a certain time. You cannot just artificially raise that.
luckydag
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August 23, 2014, 09:50:24 PM
 #1115

nothing be implemented so far, just crap talk.

If dev have skills to do solid work, investor will follow,no need IPO to maitain coin's value. 

only IPO coin successed is NXT, and its price is falling day by day.

don't trust these kind of scams, ppl.
fartbags
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August 23, 2014, 09:50:42 PM
 #1116

I guess we should just mark this coin as dead.

R.I.P Intellicoin.

Edraket31
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August 23, 2014, 09:51:06 PM
 #1117

Once again, that announcement was a JOKE. Not enough information.

You promised to go back to SDC
Please go now

cyberhacker
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August 23, 2014, 10:01:44 PM
 #1118

I HAVE A GOOD QUESTION HERE!

is this decision already made with bittrex or not???
tr8kr
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August 23, 2014, 10:03:40 PM
 #1119

I dont know if its a scam but its not a good start for a altcoin ...
If you have really something working beside your wallet show it right now because in 2 days your coin will be lost in the darkness of the altcoin with plenty other.

I know that another altcoin is coding something like your "Insign" and they have already the Message application working (Anonymous and encrypted).
Vandalay23
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August 23, 2014, 10:10:31 PM
 #1120

Hey,,,,
I invested through escrow.

You didn't deliver a coin.
I want my BTC back !!!!

Never heard about a BS like this one...
New IPO?Huh
Never !!!

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