☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!

[dukeneptun]

ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - except if the success criteria isn't met.

What are the success criteria?

https://bittrex.zendesk.com/hc/en-us/articles/202653984-Hosting-an-Initial-Coin-Offering  check the terms

this is the first term: Submit to either coinssource.com or cryptoasian.com for verification

After the ICO period ends:

1. Bittrex will verify that the terms of the ICO are met; if it is met, it will start the escrow payment process
2. If the terms are not met, Bittrex will refund all purchasers of the coin

Actually the "Submit to either coinssource.com or cryptoasian.com for verification" is before starting the ICO, but I believe the dev didn't do it, did anyone ask Bittrex for the verification?

Let's ask them. And if the conditions are not met we can just get the refund. If they are met, everyone can decide for themselves what to do next. For now, it would be best to hold the sells and get Bittrex info.

conditions are met since bittrex allowed trading, they wouldn't allow it otherwise
how do you think refund will happen when many ICO investors already sold their CLSTR and withdrawn their BTC?

For example buy wall at 10.000 sat.    350 BTC Value.
If there is somebody who sold and a withdrawn BTC....well this person is obviously not a part of ICO investors anymore...Hold your coins, it could be a good idea    

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[fortheson]

For now it would be best if everyone removed their sell orders!

I  have cancel my sell order, waiting for refund from bittrex

[Epimetheus]

 ICO has sold out, market is open for trading. Escrow being held for 3 days per Bitrex ICO terms. See https://bitcointalk.org/index.php?topic=737636.0.

This means that you should not sell below ICO price guys Hold on. You can sell back at 10k if the conditions are not met.

[fortheson]

ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - except if the success criteria isn't met.

What are the success criteria?

https://bittrex.zendesk.com/hc/en-us/articles/202653984-Hosting-an-Initial-Coin-Offering  check the terms

this is the first term: Submit to either coinssource.com or cryptoasian.com for verification

After the ICO period ends:

1. Bittrex will verify that the terms of the ICO are met; if it is met, it will start the escrow payment process
2. If the terms are not met, Bittrex will refund all purchasers of the coin

Actually the "Submit to either coinssource.com or cryptoasian.com for verification" is before starting the ICO, but I believe the dev didn't do it, did anyone ask Bittrex for the verification?

Let's ask them. And if the conditions are not met we can just get the refund. If they are met, everyone can decide for themselves what to do next. For now, it would be best to hold the sells and get Bittrex info.

conditions are met since bittrex allowed trading, they wouldn't allow it otherwise
how do you think refund will happen when many ICO investors already sold their CLSTR and withdrawn their BTC?

For example buy wall at 10.000 sat.    350 BTC Value.
If there is somebody who sold and a withdrawn BTC....well this person is obviously not a part of ICO investors anymore...Hold your coins, it could be a good idea    

yes ,this is  a good way to refund!

[dukeneptun]

Message from Bittrex:
Bittrex will be hosting the ClusterCoin ICO. As a reminder, we are providing as escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the terms of the ICO.

* We will review the walet before initially adding it.
* We will hold all Premine Coins - 7,000,000 CLSTR
* The ICO will run for 7 days starting August 15th, 2014
* If success conditions are met, we will destroy all remaining coins.
* If success conditions are NOT met, we will buy back all outstanding coins at the ICO price
* Once the ICO is over we will verify there is working wallet and block explorer
* We will hold onto the funds in escrow for 3 days - at which time, we will release the funds.


EDIT: who is selling now is no brainer........ 

[fox19891989]

dumpers are crazy and panic, they sold at 6k sat, 40% loss, how stupid they are??

[Epimetheus]

From IRC:

[11:47] <Bumba> Hi guys. Have a question about CLSTR ICO.. were the conditions met? Can we expect a refund if they were not met? Could you please answer this?
[11:47] <@bittrex-richie> no, nor was it required when the Cluster terms were negotiated.
[11:48] <@bittrex-richie> the conditions are stated on the CLSTR ann.. wallet, working blockchain, and public blockexplorer..
[11:48] <Bumba> richie, have the conditions been met? Or not?
[11:48] <@bittrex-richie> did you just read what i said?
[11:49] <Bumba> I have no idea if those are implemented? wallet, blockchain etc
[11:49] <Bumba> Cant get to BCT thats why I ask here sorry
[11:49] <@bittrex-richie> and neither do we... that is why there is a 3 day escrow period for us to verify everything.
[11:49] <@bittrex-richie> we are holding all funds until those conditions are met
[11:50] <Bumba> So if they do not deliver, the refund will take place? How? You put a buy order at 10k again or what?
[11:50] <@bittrex-richie> the ICO just sold out 3 hours ago... heh..
[11:50] <@bittrex-richie> takes time to do things properly..
[11:50] <@bittrex-richie> yup..
[11:50] <@bittrex-richie> if they dich.. or the wallet doesn't work
[11:50] <Bumba> OK thanks for the info. Yes I know. But people are losing money when they don't have to so just trying to clarify things here.
[11:50] <@bittrex-richie> or thers no block explorer etc..
[11:50] <@bittrex-richie> we'll just put a buy wall back up
[11:50] <Bumba> Thanks.

[Epimetheus]

Sorry for the guy who just sold at 6k But buyers have a great deal to double their money if the conditions are not met. 10k Buy wall will be setup.

[qtgwith]

From IRC:

[11:47] <Bumba> Hi guys. Have a question about CLSTR ICO.. were the conditions met? Can we expect a refund if they were not met? Could you please answer this?
[11:47] <@bittrex-richie> no, nor was it required when the Cluster terms were negotiated.
[11:48] <@bittrex-richie> the conditions are stated on the CLSTR ann.. wallet, working blockchain, and public blockexplorer..
[11:48] <Bumba> richie, have the conditions been met? Or not?
[11:48] <@bittrex-richie> did you just read what i said?
[11:49] <Bumba> I have no idea if those are implemented? wallet, blockchain etc
[11:49] <Bumba> Cant get to BCT thats why I ask here sorry
[11:49] <@bittrex-richie> and neither do we... that is why there is a 3 day escrow period for us to verify everything.
[11:49] <@bittrex-richie> we are holding all funds until those conditions are met
[11:50] <Bumba> So if they do not deliver, the refund will take place? How? You put a buy order at 10k again or what?
[11:50] <@bittrex-richie> the ICO just sold out 3 hours ago... heh..
[11:50] <@bittrex-richie> takes time to do things properly..
[11:50] <@bittrex-richie> yup..
[11:50] <@bittrex-richie> if they dich.. or the wallet doesn't work
[11:50] <Bumba> OK thanks for the info. Yes I know. But people are losing money when they don't have to so just trying to clarify things here.
[11:50] <@bittrex-richie> or thers no block explorer etc..
[11:50] <@bittrex-richie> we'll just put a buy wall back up
[11:50] <Bumba> Thanks.

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.I doubt the dev buy many through ICO and then dump!

[fox19891989]

From IRC:

[11:47] <Bumba> Hi guys. Have a question about CLSTR ICO.. were the conditions met? Can we expect a refund if they were not met? Could you please answer this?
[11:47] <@bittrex-richie> no, nor was it required when the Cluster terms were negotiated.
[11:48] <@bittrex-richie> the conditions are stated on the CLSTR ann.. wallet, working blockchain, and public blockexplorer..
[11:48] <Bumba> richie, have the conditions been met? Or not?
[11:48] <@bittrex-richie> did you just read what i said?
[11:49] <Bumba> I have no idea if those are implemented? wallet, blockchain etc
[11:49] <Bumba> Cant get to BCT thats why I ask here sorry
[11:49] <@bittrex-richie> and neither do we... that is why there is a 3 day escrow period for us to verify everything.
[11:49] <@bittrex-richie> we are holding all funds until those conditions are met
[11:50] <Bumba> So if they do not deliver, the refund will take place? How? You put a buy order at 10k again or what?
[11:50] <@bittrex-richie> the ICO just sold out 3 hours ago... heh..
[11:50] <@bittrex-richie> takes time to do things properly..
[11:50] <@bittrex-richie> yup..
[11:50] <@bittrex-richie> if they dich.. or the wallet doesn't work
[11:50] <Bumba> OK thanks for the info. Yes I know. But people are losing money when they don't have to so just trying to clarify things here.
[11:50] <@bittrex-richie> or thers no block explorer etc..
[11:50] <@bittrex-richie> we'll just put a buy wall back up
[11:50] <Bumba> Thanks.

did u ask bittrex if the dev without the verification, will we get the refund, right?

[mike111]

n the development of the shipment, all transactions to pay all his own in buying and selling. But who is going to be?

[qtgwith]

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.
I doubt the dev buy many through ICO and dump!

[ICO Dude]

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.
I doubt the dev buy many through ICO and dump!

there is a wallet and it works fine for me

[Kikyca]

People, report this posts and user - xiaoqiji... he is spamig tread

[Epimetheus]

[11:51] <@bittrex-richie> np..
[11:51] <@bittrex-richie> people need to relax and let us and them do our due diligence..
[11:51] <@bittrex-rami> panic is more fun thou
[11:51] <StudioProject> well then they shouldn't be gambling money they dont have
[11:51] == D-ArchiveR [~YO@115-64-230-105.static.tpgi.com.au] has quit [Read error: Connection reset by peer]
[11:51] <StudioProject> seriously
[11:52] <@bittrex-richie> yes...
[11:52] == D-ArchiveR [~YO@115-64-230-105.static.tpgi.com.au] has joined #bittrex
[11:52] <@bittrex-richie> people are too busy looking for a quick buck than actually understanding what they are buying and why
[11:52] <StudioProject> they are only losing money if they choose to sell.
[11:52] <@bittrex-richie> yup...
[11:52] <aliasaila> https://c2.staticflickr.com/4/3043/2867609321_7a821a4099.jpg
[11:52] <@bittrex-richie> worse case scenario, devs go away, and we buy everyhitgng back shrug
[11:53] <@bittrex-richie> bset case scenario, devs deliver wallet/blockchian/blockexplorer and everyone downloads it and life moves on
[11:53] <StudioProject> 3 hours and panic dumping... it gets shorter by the week. People expect 2 x profit instant and when they don't get it they panic sell
[11:53] * StudioProject shrugs shoulders
[11:53] <StudioProject> meh
[11:53] <@bittrex-richie> heh NEOS was worse...
[11:53] <StudioProject> Neos --- man I just keep accumulating
[11:53] <@bittrex-richie> it sold out in 12 hours.. and its 4am and peolep are screaming for markets to open.. when the original ICO deadline was 3 weeks.
[11:53] <StudioProject> at lovely low prices
[11:54] <@bittrex-richie> i dont get it
[11:54] <StudioProject> they can keep panicing
[11:54] <StudioProject> more panic please
[11:54] <StudioProject> I'm ready to buy all your panic sells
[11:55] <@bittrex-richie> heh
[11:55] <@bittrex-richie> sorry, its been 5 hours since it sold out heh
[11:56] <@bittrex-richie> love how people just cut and paste IRC into BCT sigh

[fox19891989]

I can't understand those who sold below ICO price and listen to those trolls and FUDders. Do they have a brain? if they sell now why they bought during ICO with higher price? It is fucking absurd.

[qtgwith]

I can't understand those who sold below ICO price and listen to those trolls and FUDders. Do they have a brain? if they sell now why they bought during ICO with higher price? It is fucking absurd.

No investors dump. I doubt the dev buy many through ICO and then dump!

[mike111]

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.
I doubt the dev buy many through ICO and dump!

there is a wallet and it works fine for me

You're dreaming!!! Can not be returned.

[kaene]

Could we please moderate just at least against brainless people?

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.
I doubt the dev buy many through ICO and dump!

Bittrex clearly says "Escrow being held for 3 days per Bitrex ICO terms", if you are unable to read and understand that, what did you do with the whitepaper?

I can't understand those who sold below ICO price and listen to those trolls and FUDders. Do they have a brain? if they sell now why they bought during ICO with higher price? It is fucking absurd.

No investors dump. I doubt the dev buy many through ICO and then dump!

Why would the dev buy at ICO price and dump if he is entitled to get the whole ICO funds after 3 days?

[qtgwith]

Bittrex should refund all to investors. No wallet,no block explore,just an ann and whitepaper.
I doubt the dev buy many through ICO and dump!

there is a wallet and it works fine for me

You're dreaming!!! Can not be returned.

The wallet is a copy of normal POS wallet. Not clustercoin's.