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Author Topic: [ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION*  (Read 582127 times)
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October 21, 2014, 10:11:34 PM
 #2121

There is absolutely no reason...other than getting shaky legs.... for anyone to sell at these low prices.
It's called supply and demand....if you don't put up a low sell order or sell to a low buy order...it doesn't trade.
There is plenty of demand at low prices....and you lose.
Why in the wide, wide world of sports do some of these people sell?
Especially those that have BtC in syscoin that also took a hit from the value of BtC.......you only incur a loss if you sell.

Read that again....you only incur a loss if you sell NOW.
If you do, so be it, but this coin will sustain....its not just another crypto.

You can also sell now at current prices, or sell later at lower prices. This goes both ways.

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October 21, 2014, 10:16:36 PM
 #2122

When people talk about the facts you just call them trolls? hahaha you will be very successful.

I've seen your type again and again, they always show up in these threads to try to convince people to sell. I'm sure you'll respond telling me the same stuff you've been spouting off. Someone says something good about the coin? You argue it regardless. That's fine, you're entitled to your opinion.

This coin won't make you rich in a few days, or even a week, but it will likely increase in value once the shock of the morale hit has worn off and people start seeing the plans that the Syscoin team will lay out.

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October 21, 2014, 10:17:03 PM
 #2123

There is absolutely no reason...other than getting shaky legs.... for anyone to sell at these low prices.
It's called supply and demand....if you don't put up a low sell order or sell to a low buy order...it doesn't trade.
There is plenty of demand at low prices....and you lose.
Why in the wide, wide world of sports do some of these people sell?
Especially those that have BtC in syscoin that also took a hit from the value of BtC.......you only incur a loss if you sell.

Read that again....you only incur a loss if you sell NOW.
If you do, so be it, but this coin will sustain....its not just another crypto.

Exactly. It surely boggles my mind how fast people give up on a coin, that has a development team still going full speed ahead, following through on legal actions, and best of all, has most innovative coin out there. The tech build into this coin is far is the best out there. Name one other coin that has this much tech built into it, and forward thinking real world use? I cannot think of one (ETH is not a coin just in case anyone wants to mention that one.)
coin. Sure some other coins are good, and worth buying, mining or holding, but giving up on this coin is just plain silly to be honest.

Your taking a hit/loss and for no good reason. If your that upset and cannot handle prices cause of recent news, best just close your wallet, back it up, and forget about this coin for now, cause this coin has always been a long term coin.

Amazes me people at this moment have more faith in hobonickels than syscoin. That is just plain silly.
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October 21, 2014, 10:18:30 PM
 #2124

Taking a loss now is much better than taking a bigger loss later.

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October 21, 2014, 10:23:32 PM
 #2125

Taking a loss now is much better than taking a bigger loss later.

That's true, but you don't know that is the trajectory of this coin.  I can conjecture as well; taking a loss now is worse than taking profit later.

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October 21, 2014, 10:53:20 PM
 #2126

Taking a loss now is much better than taking a bigger loss later.
Then sell and GTFO

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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October 21, 2014, 10:58:04 PM
 #2127

Hi all,  $SYS lead developer here. As Dan has said, this has not been an easy time for any of us.  The Moolah debacle has cost us dearly - both in terms of negative association as well as in basic financial terms - I dedicated myself 100% to syscoin some time back because our ICO gave us the means to do that, and not receiving that funding now is putting me and my family in direct financial jeopardy.

Nonetheless, I remain as committed to Syscoin as ever, because I know that the technology within Syscoin is stronger than ever and NOW is the time to push harder than we ever have before. This team has more skills and potential than most, and I'll be damned if I see that get destroyed because of this situation.

Just my $0.02..

Coderboo, thanks for all your hard work.  I have faith that you all will do a great job launching these coming services well.

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October 21, 2014, 11:17:49 PM
 #2128

It's funny how people on both sides of the fence claim to be fortune tellers lol:-)

I for one am taking these problems as a phenomenal "potential" investment and buying a bunch up!

It is without doubt a scary thought for many in how SysCoin can continue with such an enormous loss in funding capital, but that is also what has created the possible investment opportunity to buy at so little if they do indeed see their way through this. 

Only time will tell the true story:-)
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October 22, 2014, 12:12:04 AM
 #2129

Devs,

Off topic - but nothing like a dose of stoicism to put things into perspective, good luck with the legal case...

http://youtu.be/dZwHMZ4t-_Y?t=53m40s
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October 22, 2014, 12:44:17 AM
 #2130

Devs,

Off topic - but nothing like a dose of stoicism to put things into perspective, good luck with the legal case...

http://youtu.be/dZwHMZ4t-_Y?t=53m40s

I actually watched that, and thanks- I hope people feel we're responding well, we can only deal with the hand we've been given.

I want to call out that the Syscoin team was the first (of all impacted) to take actual, legal action. We are still the only party that has taken legal action, but I assure you a line is forming quickly. We did this at great cost to what's left of our fund, but felt it the only responsible thing to do- even if it costs us every last penny from our presale fund.

Cryptocurrencies will never grow if these kind of actions are consistently met with a "oh darn" reactions from the community. We are tired of the "oh darn" and are taking this very seriously. I can't disclose anything more but the fact we acted as soon as we did may have not only saved our BTC, but it may have saved Mintpal's BTC as well. Can't say anymore than that and I'm not stating anything as fact.

As we've stated several times we're still moving forward with SYS, but we MUST focus on the legal issues right now and bring any wrong-doers to justice. For Syscoin, for Moopay investors, for Mintpal users, and for the community at large. We're also networking with all affected parties. Everyone wants to see justice here, and "everyone" here is a very very large group of people.

I hope people recognize this expense and effort we're expending to seek justice isn't just about OUR bitcoin. We could've easily taken what's left of the fund, put it toward dev or put it in our pocket and walked away from all this calamity. Instead we're heading dead-on into the eye of the storm and hoping to make an example of "bad actors" like this in the crypto space.

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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October 22, 2014, 01:04:29 AM
 #2131

guys SYS peopel are working on this coin [i knpw it for a fact] even tho they lost alot of BTCs due to moolah ceo scammer.
give tchem a break - they never stopped working on this and invested their own money while now they are at huge loss due to this looser.

SYS is not for pnd but for long term stuff imo. i cannot give anybody advice of what to do, but personally im just holding a pretty large amount and not even thinking of selling on this prices.

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October 22, 2014, 01:22:38 AM
 #2132

Devs,

Off topic - but nothing like a dose of stoicism to put things into perspective, good luck with the legal case...

http://youtu.be/dZwHMZ4t-_Y?t=53m40s

I actually watched that, and thanks- I hope people feel we're responding well, we can only deal with the hand we've been given.

I want to call out that the Syscoin team was the first (of all impacted) to take actual, legal action. We are still the only party that has taken legal action, but I assure you a line is forming quickly. We did this at great cost to what's left of our fund, but felt it the only responsible thing to do- even if it costs us every last penny from our presale fund.

Cryptocurrencies will never grow if these kind of actions are consistently met with a "oh darn" reactions from the community. We are tired of the "oh darn" and are taking this very seriously. I can't disclose anything more but the fact we acted as soon as we did may have not only saved our BTC, but it may have saved Mintpal's BTC as well. Can't say anymore than that and I'm not stating anything as fact.

As we've stated several times we're still moving forward with SYS, but we MUST focus on the legal issues right now and bring any wrong-doers to justice. For Syscoin, for Moopay investors, for Mintpal users, and for the community at large. We're also networking with all affected parties. Everyone wants to see justice here, and "everyone" here is a very very large group of people.

I hope people recognize this expense and effort we're expending to seek justice isn't just about OUR bitcoin. We could've easily taken what's left of the fund, put it toward dev or put it in our pocket and walked away from all this calamity. Instead we're heading dead-on into the eye of the storm and hoping to make an example of "bad actors" like this in the crypto space.

Looking forward to a resolution to this issue and also updates on the Syscoin road map.
Stick it to the man!
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October 22, 2014, 01:54:16 AM
 #2133

guys SYS peopel are working on this coin [i knpw it for a fact] even tho they lost alot of BTCs due to moolah ceo scammer.
give tchem a break - they never stopped working on this and invested their own money while now they are at huge loss due to this looser.

SYS is not for pnd but for long term stuff imo. i cannot give anybody advice of what to do, but personally im just holding a pretty large amount and not even thinking of selling on this prices.

Price is dictated by supply and demand.  Now there is an obvious surplus.  One has to wonder if Moolah took the BTC they were supposed to sit on and put it in SYS.
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October 22, 2014, 02:02:24 AM
 #2134

im sure there were more than enough SYS on mintpal for him to dump to account for last few days volume without him having to buy more 2 dump!!

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.Reserve.
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.Reserve Your Rights.
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October 22, 2014, 03:03:40 AM
 #2135

Hello everyone.

I have some questions that I'd like to ask the community here.

With my understanding, I will be making a listing with information in it (for example my PGP PubKey) then once, it is purchased, I would have to make another listing to sell another item. Also, say the price sky rockets and all of a sudden my item is severely overpriced, I could simply buy it myself to inactivate the listing and only be out the service fee for doing so. Am I misunderstanding anything here?

Also, has anyone had experience utilizing new line characters in their listings? I'm fearful that PGP might not work so well in the string bodies without the new line characters.

Last question for now, what would the community like to see here? High quality or Good bargains? or should I diversify my listings and offer both kinds of deals? The differences between them would be obvious if one was to buy a sample of both.

EDIT: Sorry, also, what info would the community like to see posted? I typically offer HQ pictures, my PGP PubKey, and information on shipping/handling times.
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October 22, 2014, 03:18:47 AM
 #2136

Hello everyone.

I have some questions that I'd like to ask the community here.

With my understanding, I will be making a listing with information in it (for example my PGP PubKey) then once, it is purchased, I would have to make another listing to sell another item. Also, say the price sky rockets and all of a sudden my item is severely overpriced, I could simply buy it myself to inactivate the listing and only be out the service fee for doing so. Am I misunderstanding anything here?

Also, has anyone had experience utilizing new line characters in their listings? I'm fearful that PGP might not work so well in the string bodies without the new line characters.

Last question for now, what would the community like to see here? High quality or Good bargains? or should I diversify my listings and offer both kinds of deals? The differences between them would be obvious if one was to buy a sample of both.

EDIT: Sorry, also, what info would the community like to see posted? I typically offer HQ pictures, my PGP PubKey, and information on shipping/handling times.
Until sys matures I think we might have to use fiat (USD) to show listings and convert on the fly once you confirm to buy etc... for this the wallet will need to have price feeds or you will have to run a tool to feed price to your wallet somehow... it centralizes the process so I dont like it but competitors use them too so I think its a good tradeoff until market matures.
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October 22, 2014, 03:32:10 AM
 #2137

Until sys matures I think we might have to use fiat (USD) to show listings and convert on the fly once you confirm to buy etc...

True, sys does need a bit of maturing to have something stable and efficient going. I'm not terribly worried about stability though as I will be able to keep my profit margins throughout the highs and the lows to keep a semi-consistent price in sys. Which is why i brought up the option I will always have to finalize my own listings if it starts to get to rediculous.


for this the wallet will need to have price feeds or you will have to run a tool to feed price to your wallet somehow... it centralizes the process so I dont like it but competitors use them too so I think its a good tradeoff until market matures.

This would have to be built in by the dev's, would it not?

Also, worth noting, I wasn't planning on builing any kind of specialty software for this, or any kind of website, I was simply planning on using the sys marketplace as is, and will definitely be utilizing any sites/UI's built on it in the near future.
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October 22, 2014, 03:34:16 AM
 #2138

sadly .  Angry

 we trust dev and M, dev trust M , but we are all fucked and we are the loser.   Undecided


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RISE
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October 22, 2014, 03:57:57 AM
 #2139

Devs,

Off topic - but nothing like a dose of stoicism to put things into perspective, good luck with the legal case...

http://youtu.be/dZwHMZ4t-_Y?t=53m40s

I actually watched that, and thanks- I hope people feel we're responding well, we can only deal with the hand we've been given.

I want to call out that the Syscoin team was the first (of all impacted) to take actual, legal action. We are still the only party that has taken legal action, but I assure you a line is forming quickly. We did this at great cost to what's left of our fund, but felt it the only responsible thing to do- even if it costs us every last penny from our presale fund.

Cryptocurrencies will never grow if these kind of actions are consistently met with a "oh darn" reactions from the community. We are tired of the "oh darn" and are taking this very seriously. I can't disclose anything more but the fact we acted as soon as we did may have not only saved our BTC, but it may have saved Mintpal's BTC as well. Can't say anymore than that and I'm not stating anything as fact.

As we've stated several times we're still moving forward with SYS, but we MUST focus on the legal issues right now and bring any wrong-doers to justice. For Syscoin, for Moopay investors, for Mintpal users, and for the community at large. We're also networking with all affected parties. Everyone wants to see justice here, and "everyone" here is a very very large group of people.

I hope people recognize this expense and effort we're expending to seek justice isn't just about OUR bitcoin. We could've easily taken what's left of the fund, put it toward dev or put it in our pocket and walked away from all this calamity. Instead we're heading dead-on into the eye of the storm and hoping to make an example of "bad actors" like this in the crypto space.

Moolah guys must be put into jail, this is for justice.

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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October 22, 2014, 04:04:11 AM
 #2140

Keeping the denomination of these sales in sys is what I feel will drive the demand to buy that many sys, regardless of what the current price is.

Granted, I am a vendor yes, but my interest here is in syscoin. I'd like to make a bit of profit on these sales, but I'm more interested in creating some upwards pressure on the markets by creating a bit of demand/interest for sys that is more than simply interest from investors/traders. Considering my existing position in sys, this will provide a better profit than simply buying in bulk and reselling on the marketplace.

What I'm doing here is also demonstrating the true capabilities of a decentralized marketplace. With no centeral server/website that the vendor/buyer has to access, it takes away a number of leverages LE will use to try and pin an identity. Stealth shipping is a peice of cake, so all that is left to worry about is how to turn the sys into $ without leaving a trace. This is obviously something I have thought out fairly intricately and have a plan for, but what I'm saying here is this is now the only issue a vendor faces when doing business if using a decentralized marketplace.

Earlier in the thread someone mentioned darkSYS. This is actually inaccurate. Sys has no need for dark anything, it is above all of that and just as it's headline states, the business is right on the blockchain. No "dark" server/website/additional software needed.

These capabilities (of a decentralized market) might seem subtle to readers here, and even to a large number of the investors, but I'd like to demonstrate how powerful this truly can be.

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