kingscrown (OP)
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September 08, 2014, 03:24:30 AM Last edit: September 08, 2014, 06:30:20 PM by kingscrown |
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from the OP i find: Total supply: ~60,000,000 (60MM) ICO: 49% of coins [approx 14 700 000] Dev fund: 15 300 000 49% coins will be sold during ICO, leaving 1% to dev fund but the number seems wrong . the math is 50% of coins == 30,000,000 ICO fund = 25 % of toal coins. dev fund : 50% of ICO coins = 15 000 000 = 25 % of toal coins, - 25% for dev fund, not 1% Chinese translation done, https://bitcointalk.org/index.php?topic=774177there was copy-paste typo - fixed now. Thanx alot both for translation + finding the bug in OP!
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kingscrown (OP)
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September 08, 2014, 03:11:53 PM |
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To make all this simpler there is fixed price per coin and 2 options of buying with 3rd coming today - prepare for some BIG news. All current investors were contacted and accepted the price/changes.
Please update international translations.Exclusive Coin ICO49% coins will be sold during ICO, leaving 1% to dev fund [mostly for testing applications and new ideas within EXCL ecosystem] and 50% will be left to be mined. Price per coin is 0.00005BTCICO start date: 6.09.2014 [today] ICO end date: 25.09.2014 Coin Launch: 28.09.2014 COINS RAISED SO FAR: 5.829 BTCHow to Buy EXCL Coin on the ICO@ Directly from kingscrown 1. Send desired BTC amount to: 1EPM3rTiHFVQfAtTbQLLtAhPHTsvcf94ct 2. PM with txid to get added to the list [if you wish you can PM saying you want to stay anonymous] 3. See your status at http://exclusivecoin.pw/ico-list-of-buyers/Min entrance: 0,1BTC @ Using Bitcointalkforum Escrow Maidak If you want escrow its available at extra cost of 0,02BTC per 1BTC invested. [/center]
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Epimetheus
Legendary
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Activity: 1120
Merit: 1000
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September 08, 2014, 03:38:39 PM |
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I like the fact that you are a trusted user. The only thing holding me back here is that I really don't need miners/cpu equipment So for me, the "exclusiveness" of this coin is not a plus. Why should I buy this coin at 5k with 60M supply? Just trying to convince myself.
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chesthing
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Activity: 1414
Merit: 1000
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September 08, 2014, 03:53:01 PM |
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I like the fact that you are a trusted user. The only thing holding me back here is that I really don't need miners/cpu equipment So for me, the "exclusiveness" of this coin is not a plus. Why should I buy this coin at 5k with 60M supply? Just trying to convince myself. The ann page is still full of math errors. My answer is you shouldn't. EXCL Specs Total supply: ~60,000,000 (60MM) Algorithm: x11 (POW) PoS: 2% a year ICO: 49% of coins [approx 600,000] Dev fund: 15 300 000 Block reward: 8 Block time: 40 seconds Difficulty retarget: every block Dev, how the hell is 600k 49% of 60m?
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kingscrown (OP)
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September 08, 2014, 06:33:52 PM |
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I like the fact that you are a trusted user. The only thing holding me back here is that I really don't need miners/cpu equipment So for me, the "exclusiveness" of this coin is not a plus. Why should I buy this coin at 5k with 60M supply? Just trying to convince myself. The ann page is still full of math errors. My answer is you shouldn't. EXCL Specs Total supply: ~60,000,000 (60MM) Algorithm: x11 (POW) PoS: 2% a year ICO: 49% of coins [approx 600,000] Dev fund: 15 300 000 Block reward: 8 Block time: 40 seconds Difficulty retarget: every block Dev, how the hell is 600k 49% of 60m? Indeed i fixed it in other part of the thread but not in the main one, do not worry about this math issue its just a copy-paste from old maths that wasnt changed. But big thanx for noticing!
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kingscrown (OP)
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September 08, 2014, 06:41:01 PM |
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I like the fact that you are a trusted user. The only thing holding me back here is that I really don't need miners/cpu equipment So for me, the "exclusiveness" of this coin is not a plus. Why should I buy this coin at 5k with 60M supply? Just trying to convince myself. Thanx also preety good member vouch for me being fair + there is escrow here and more news coming. Why such price? Because 50% coins are going out in ICO on this price, that makes just other 50% to be mined but.. this will take long time. The blocks are small so if we compare other x11 coins hashrate this will mean it will be really hard to mine this and get good amounts. The whole idea of the coin is to stop dumping - no EXCL bounties, alot presold, small blocks so if you dont want miners in the end you can treat it as investment. Now lets imagine hypotetical situation that price drops to 1 satoshi, just 30% presold instead of 50%..and i put up my KnC Neptune for sale at 10BTC price. Now you will need to buy out all coins on the market to get this cheap machine. And by doing this - you will naturally raise it from 1 up to anywhere. Also while we start with miners i can imagine other types of companies joining too - especially electronics or games. Sky is the limit here. The idea was well thought [i think] and should finally connect the digial currency with real things that will back up its value. Since im confident i can deliver what i promise i dont have to hide anywhere like scammers but go with my full reputation backing up + using escrow.
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soopy452000
Legendary
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Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
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September 08, 2014, 06:43:10 PM |
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Good Job mate! Wishing you all the very best and much Success! Certainly this is interesting. Warm Regards, ~SoopY~
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flis1986
Member
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Merit: 10
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September 08, 2014, 06:52:56 PM |
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Hi,
There is a total amount of 60,000,000 Excl coins. 29,400,000 will be sold during the ICO, at 0.00005 BTC for each coin.
That's mean that you want to raise more than 1,470 BTC at this price. If you won't raised that amount, will the coins distributed to the investors or this is a fix price?
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AllCoinedUp
Member
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Merit: 10
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September 08, 2014, 07:04:08 PM |
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what the heck, ICO, ICO only ICO all over
its all the hype now, why not just get money sent to ya. less work! Not saying this isnt a good coin btw, just talking in general. Good luck, ill keep an eye out.
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kingscrown (OP)
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September 08, 2014, 07:13:20 PM |
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Hi,
There is a total amount of 60,000,000 Excl coins. 29,400,000 will be sold during the ICO, at 0.00005 BTC for each coin.
That's mean that you want to raise more than 1,470 BTC at this price. If you won't raised that amount, will the coins distributed to the investors or this is a fix price?
Nonsold coins go to burn adress and wont ever hit the market and yes you read good - i do not think we will raise 1470, thats why the coisn will be burnt making the coin even more rare. Im currently allowing people to decide how much actualy total cap will be 60mil is just on paper it will propably be far from this! Who knows - we can end at even 30mil and become really rare and expensive. Notice 100% bounties is BTC not EXCL. I want to avoid any type of price dumping that i can.
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ByronP
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September 09, 2014, 12:23:11 AM |
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EXCL ICO is now active on Atomic Trade... Safe and Secure ICO :-)
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kingscrown (OP)
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September 09, 2014, 12:37:40 AM |
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Follow us on twitter and join us on reddit: Subscribe to mailing list to know about launch: http://exclusivecoin.pwOfficial reddit: http://www.reddit.com/r/exclusivecoin/Official twitter: https://twitter.com/exclusivecoinExclusive Coin ICO49% coins will be sold during ICO, leaving 1% to dev fund [mostly for testing applications and new ideas within EXCL ecosystem] and 50% will be left to be mined. Price per coin is 0.00005BTCICO start date: 6.09.2014 [today] ICO end date: 25.09.2014 Coin Launch: 28.09.2014 How to Buy EXCL Coin on the ICO@ Escrowed by Atomic Trade Exchange ENTER MARKET HERE
@ Directly from kingscrown 1. Send desired BTC amount to: 1EPM3rTiHFVQfAtTbQLLtAhPHTsvcf94ct 2. PM with txid to get added to the list [if you wish you can PM saying you want to stay anonymous] 3. See your status at http://exclusivecoin.pw/ico-list-of-buyers/Min entrance: 0,01BTC @ Using Bitcointalkforum Escrow Maidak If you want escrow its available at extra cost of 0,02BTC per 1BTC invested. Min entrance: 0,05BTC
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ownerbest
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September 09, 2014, 01:02:05 AM |
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5k sat per coin(with 60M's total amount) is not attractive at all, even you are a trusted person. My suggestion is: Make It Realistic! Set it to 500sat!
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zhile11911
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September 09, 2014, 01:26:25 AM |
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5k sat per coin(with 60M's total amount) is not attractive at all, even you are a trusted person. My suggestion is: Make It Realistic! Set it to 500sat!
yes . its too expensive to invest it . 30,000,000 * 5000 satoshi = UNBELIEVABLE dev , why not set a reliable price
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kingscrown (OP)
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September 09, 2014, 01:39:58 AM |
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5k sat per coin(with 60M's total amount) is not attractive at all, even you are a trusted person. My suggestion is: Make It Realistic! Set it to 500sat!
yes . its too expensive to invest it . 30,000,000 * 5000 satoshi = UNBELIEVABLE dev , why not set a reliable price We DO NOT want all coins to be sold in ICO. We actually want little to be sold so there will be loads of ICO coins never reaching market and making this even better profit for investors.Nobody said whole ICO has to be sold. What doesnt get sold gets burned. So speaking shortly - the less people buy into ICO the better it is for those who buy in. Does that make sense? I understand many people here have objections but.. understand this is one of few coins who really deliver what they promise and dont try to fool anybody. Im being fully transparent as i even say the price is like that to not make full ICO sale. So invest and see how it goes or do not but before doubting the idea keep in mind: - ive been in many promo teams - good old members vouch im a real guy delivering what i promise - think about commodity backup Do not treat EXCL like other PnD coins but try to see the big picture. Now lets imagine hypotetical situation that price drops to 1 satoshi, just 30% presold instead of 50%..and i put up my KnC Neptune for sale at 10BTC price. Now you will need to buy out all coins on the market to get this cheap machine. And by doing this - you will naturally raise it from 1 up to anywhere.
Also while we start with miners i can imagine other types of companies joining too - especially electronics or games. Sky is the limit here. The idea was well thought [i think] and should finally connect the digial currency with real things that will back up its value.
Since im confident i can deliver what i promise i dont have to hide anywhere like scammers but go with my full reputation backing up + using escrow.
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chilli89
Newbie
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Activity: 13
Merit: 0
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September 09, 2014, 01:41:07 AM |
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5k sat per coin(with 60M's total amount) is not attractive at all, even you are a trusted person. My suggestion is: Make It Realistic! Set it to 500sat!
yes . its too expensive to invest it . 30,000,000 * 5000 satoshi = UNBELIEVABLE dev , why not set a reliable price Its because this dev is a joke who has no clue what he is doing
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forzendiablo
Legendary
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Activity: 1526
Merit: 1000
the grandpa of cryptos
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September 09, 2014, 01:47:34 AM |
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5k sat per coin(with 60M's total amount) is not attractive at all, even you are a trusted person. My suggestion is: Make It Realistic! Set it to 500sat!
yes . its too expensive to invest it . 30,000,000 * 5000 satoshi = UNBELIEVABLE dev , why not set a reliable price Its because this dev is a joke who has no clue what he is doing surely dev being since 2010 in BTC and having great rep is a joke vs u having new account. ive invested as its sure bet for me. if u cant "risk" a fraction of BTC on old members then u actually will never make money in this game. FUD to buy out coins and not let others? gtfo! also guys.. VIAcoin [which is pure LTC clone without any extras] had price of 6701 satoshis [almost 2k satoshi more than EXCL] so just think where this will get.
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yolo
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zhile11911
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September 09, 2014, 02:05:12 AM |
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yes it is . the coin cannot sold out . maybe they are 1M EXCL sold out . so the total coin is about 31 600 000
BTW, the mining day output is only 2880 * 5000 satoshi = 0.15 BTC
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CryptoTrout
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September 09, 2014, 02:22:43 AM |
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Fixed price ICO is way too high for this coin regardless of the said perks. There is no way it will sell out so dev will have tons of coins and BTC. Trusted member or not this is not a fair value launch.
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seek4dream
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September 09, 2014, 02:23:43 AM |
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I can't see how this coin can be a competitive player in cryptocurrency. Basically it offers nothing new.
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