codenamethisNutz
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October 12, 2014, 01:55:07 PM |
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cool to see some movement on the ico, more people are jumping in.
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jibble
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October 12, 2014, 02:02:43 PM Last edit: October 12, 2014, 03:02:54 PM by jibble |
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Great to see ICO price now is competitive.
the ipo price isn't set right? Only the max amount that can be invested. yeah IPO is still shared between all investors at a fixed rate, the price of each coin is dependant on amount invested, but the max limit investeble in total has been set
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itsAj
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October 12, 2014, 03:12:02 PM |
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Great to see ICO price now is competitive.
the ipo price isn't set right? Only the max amount that can be invested. yeah IPO is still shared between all investors at a fixed rate, the price of each coin is dependant on amount invested, but the max limit investeble in total has been set Jibble explains this better than I can.
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nhrf3
Member
Offline
Activity: 112
Merit: 10
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October 12, 2014, 03:23:08 PM |
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Guys, very simple math tells you it's impossible to be 271 sat per coin with anything close to 443BTC invested. Hell, with the roughly 60BTC invested now it's up to 295sat.
Every additional BTC invested raises the ICO price and reduces the amount of VDO you receive. Currently, you'll get about 338k with a 1BTC investment. If this ICO sells out, however, you'll only receive 45146.72686 coins per BTC invested raising the ICO price to 2200sat.
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jibble
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October 12, 2014, 03:36:53 PM |
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Guys, very simple math tells you it's impossible to be 271 sat per coin with anything close to 443BTC invested. Hell, with the roughly 60BTC invested now it's up to 295sat.
Every additional BTC invested raises the ICO price and reduces the amount of VDO you receive. Currently, you'll get about 338k with a 1BTC investment. If this ICO sells out, however, you'll only receive 45146.72686 coins per BTC invested raising the ICO price to 2200sat.
this is most likely a current price with current total amount invested, that number will most likely be updated every day to a larger number, the more people that invest into the coin. it is not meant to be seen as the final cost price per coin
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nhrf3
Member
Offline
Activity: 112
Merit: 10
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October 12, 2014, 04:00:10 PM |
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Guys, very simple math tells you it's impossible to be 271 sat per coin with anything close to 443BTC invested. Hell, with the roughly 60BTC invested now it's up to 295sat.
Every additional BTC invested raises the ICO price and reduces the amount of VDO you receive. Currently, you'll get about 338k with a 1BTC investment. If this ICO sells out, however, you'll only receive 45146.72686 coins per BTC invested raising the ICO price to 2200sat.
this is most likely a current price with current total amount invested, that number will most likely be updated every day to a larger number, the more people that invest into the coin. it is not meant to be seen as the final cost price per coin That was a response to awais and to others who had trouble understanding how the price will inevitably scale. Not directed at the thread title price update.
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jibble
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October 12, 2014, 05:59:48 PM |
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Guys, very simple math tells you it's impossible to be 271 sat per coin with anything close to 443BTC invested. Hell, with the roughly 60BTC invested now it's up to 295sat.
Every additional BTC invested raises the ICO price and reduces the amount of VDO you receive. Currently, you'll get about 338k with a 1BTC investment. If this ICO sells out, however, you'll only receive 45146.72686 coins per BTC invested raising the ICO price to 2200sat.
this is most likely a current price with current total amount invested, that number will most likely be updated every day to a larger number, the more people that invest into the coin. it is not meant to be seen as the final cost price per coin That was a response to awais and to others who had trouble understanding how the price will inevitably scale. Not directed at the thread title price update. ah ok lol sorry i forced a context into it that didn't exist
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child_harold
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October 12, 2014, 06:34:44 PM Last edit: October 12, 2014, 06:56:46 PM by child_harold |
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what is known about the dev besides what we know in POD?
Dev: could u tell us a little more about yourself, your background and your motivation for making this coin?
Thanks in advance
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VidioShare (OP)
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October 12, 2014, 07:49:52 PM |
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what is known about the dev besides what we know in POD?
Dev: could u tell us a little more about yourself, your background and your motivation for making this coin?
Thanks in advance
I want to create a cryptographic social media site that can compete with big media sites (I don't need to mention names). Using these media sites before and having experience with them as a content creator I don't think they give any incentives for users apart from content provided by others. I wanted to create a site where users can control their own content and create a new revenue system for users and content creators. There is no system currently where users can earn revenue from participation. Advertisement revenue is created only for content providers and it is a harsh market and centrally controlled on sites like Youtube (now I'm mentioning names). Youtube has done huge amounts in regards of pushing social media and content and also paying content providers. Content however, is limited on Youtube to strictly comments and video uploading, they recently integrated a streaming capacity. VidioShare will be for all media such as documents, music and videos. So this adds a competitive advantage to the system. I want to create a fair social media system where users can earn a fair revenue and treat content providers the same as users, I don't think this relationship is fair on current multimedia sites.
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mrcashking
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October 12, 2014, 09:38:38 PM |
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sounds interesting. Will be keeping an eye on this.
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Skatebird
Legendary
Offline
Activity: 882
Merit: 1000
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October 12, 2014, 10:14:42 PM |
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what is known about the dev besides what we know in POD?
Dev: could u tell us a little more about yourself, your background and your motivation for making this coin?
Thanks in advance
I want to create a cryptographic social media site that can compete with big media sites (I don't need to mention names). Using these media sites before and having experience with them as a content creator I don't think they give any incentives for users apart from content provided by others. I wanted to create a site where users can control their own content and create a new revenue system for users and content creators. There is no system currently where users can earn revenue from participation. Advertisement revenue is created only for content providers and it is a harsh market and centrally controlled on sites like Youtube (now I'm mentioning names). Youtube has done huge amounts in regards of pushing social media and content and also paying content providers. Content however, is limited on Youtube to strictly comments and video uploading, they recently integrated a streaming capacity. VidioShare will be for all media such as documents, music and videos. So this adds a competitive advantage to the system. I want to create a fair social media system where users can earn a fair revenue and treat content providers the same as users, I don't think this relationship is fair on current multimedia sites. I like the idea !!
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Rayban34
Member
Offline
Activity: 112
Merit: 10
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October 12, 2014, 10:17:20 PM |
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what is known about the dev besides what we know in POD?
Dev: could u tell us a little more about yourself, your background and your motivation for making this coin?
Thanks in advance
I want to create a cryptographic social media site that can compete with big media sites (I don't need to mention names). Using these media sites before and having experience with them as a content creator I don't think they give any incentives for users apart from content provided by others. I wanted to create a site where users can control their own content and create a new revenue system for users and content creators. There is no system currently where users can earn revenue from participation. Advertisement revenue is created only for content providers and it is a harsh market and centrally controlled on sites like Youtube (now I'm mentioning names). Youtube has done huge amounts in regards of pushing social media and content and also paying content providers. Content however, is limited on Youtube to strictly comments and video uploading, they recently integrated a streaming capacity. VidioShare will be for all media such as documents, music and videos. So this adds a competitive advantage to the system. I want to create a fair social media system where users can earn a fair revenue and treat content providers the same as users, I don't think this relationship is fair on current multimedia sites. I like what you're saying. I'm in!
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ltcrstrbrt
Legendary
Offline
Activity: 1572
Merit: 1057
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October 12, 2014, 10:31:15 PM |
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it seems this community is growing
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crazywack
Legendary
Offline
Activity: 1148
Merit: 1000
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October 12, 2014, 10:43:19 PM |
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This could be very profitable if it stays small during ipo. Like -150 BTC
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codenamethisNutz
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October 12, 2014, 10:45:48 PM |
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it seems this community is growing
good sign i must say, whats the current price per coin?
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Cryptour
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October 13, 2014, 05:14:52 AM |
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Am I the only one that thinks a pay-per-view platform combined with crypto has a higher chances of major adoption out of Crypto scenes?
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Cryptour
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October 13, 2014, 05:30:24 AM |
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Vidio could go mainstream if the dev got a deal with content providers for their video on demand http://www.vubiquity.com/content-providers/partnersThat will be beneficiary to the coin investors because the price will be stabilize due to people paying to watch TV etc. I think pay per view has a huge potential as well imagine watching UFC on their platform. This is a big concept that stretched above cryptocurrencies. I am very positive about this coin future. Already bought 10 BTC + and it's my group this week pick.
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itsAj
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October 13, 2014, 07:19:42 AM Last edit: October 13, 2014, 08:22:17 AM by itsAj |
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what is known about the dev besides what we know in POD?
Dev: could u tell us a little more about yourself, your background and your motivation for making this coin?
Thanks in advance
I want to create a cryptographic social media site that can compete with big media sites (I don't need to mention names). Using these media sites before and having experience with them as a content creator I don't think they give any incentives for users apart from content provided by others. I wanted to create a site where users can control their own content and create a new revenue system for users and content creators. There is no system currently where users can earn revenue from participation. Advertisement revenue is created only for content providers and it is a harsh market and centrally controlled on sites like Youtube (now I'm mentioning names). Youtube has done huge amounts in regards of pushing social media and content and also paying content providers. Content however, is limited on Youtube to strictly comments and video uploading, they recently integrated a streaming capacity. VidioShare will be for all media such as documents, music and videos. So this adds a competitive advantage to the system. I want to create a fair social media system where users can earn a fair revenue and treat content providers the same as users, I don't think this relationship is fair on current multimedia sites. This is quite inspiring dev! You mention webtv as one of the features this could be a big market for the system because people are moving to it from regular tv for convenience and they want to pick what they want to view. Vidio could go mainstream if the dev got a deal with content providers for their video on demand http://www.vubiquity.com/content-providers/partnersThat will be beneficiary to the coin investors because the price will be stabilize due to people paying to watch TV etc. I think pay per view has a huge potential as well imagine watching UFC on their platform. This is a big concept that stretched above cryptocurrencies. I am very positive about this coin future. Already bought 10 BTC + and it's my group this week pick. Yes I think this too!
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VidioShare (OP)
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October 13, 2014, 08:02:25 AM |
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Thanks to everyone so far for the comments I'm happy glad you like my ideas/ideals. I'm happy we are building a strong community.
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