Bitcoin Forum
November 21, 2017, 05:08:42 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 ... 152 »
  Print  
Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 181811 times)
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 01:02:16 AM
 #121

I have done some calculations and feel it is in our best interest to freeze the ICO price where it is for a little while. So for now, the price hikes are paused, and the ICO will remain at 0.345BTC

Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511240922
Hero Member
*
Offline Offline

Posts: 1511240922

View Profile Personal Message (Offline)

Ignore
1511240922
Reply with quote  #2

1511240922
Report to moderator
1511240922
Hero Member
*
Offline Offline

Posts: 1511240922

View Profile Personal Message (Offline)

Ignore
1511240922
Reply with quote  #2

1511240922
Report to moderator
1511240922
Hero Member
*
Offline Offline

Posts: 1511240922

View Profile Personal Message (Offline)

Ignore
1511240922
Reply with quote  #2

1511240922
Report to moderator
Altpocalypse
Newbie
*
Offline Offline

Activity: 29


View Profile
September 29, 2014, 03:09:40 AM
 #122

I have done some calculations and feel it is in our best interest to freeze the ICO price where it is for a little while. So for now, the price hikes are paused, and the ICO will remain at 0.345BTC

I get what you're saying, but why change your mind now?  You clearly did those calculations before launching.  You knew exactly where the price would be at this point in time.  Part of the idea was to reward early adopters, but now you're changing the announcement on the fly because you haven't raised enough BTC so far during the ICO?
Rage19420
Hero Member
*****
Offline Offline

Activity: 630


View Profile
September 29, 2014, 03:51:11 AM
 #123

I have done some calculations and feel it is in our best interest to freeze the ICO price where it is for a little while. So for now, the price hikes are paused, and the ICO will remain at 0.345BTC

I get what you're saying, but why change your mind now?  You clearly did those calculations before launching.  You knew exactly where the price would be at this point in time.  Part of the idea was to reward early adopters, but now you're changing the announcement on the fly because you haven't raised enough BTC so far during the ICO?

I agree completely. That is a terrible move to do for the early investors. It also sucks for the person who just bought in prior to you freezing the price. If it were me I would be pissed.
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 03:55:45 AM
 #124

I have done some calculations and feel it is in our best interest to freeze the ICO price where it is for a little while. So for now, the price hikes are paused, and the ICO will remain at 0.345BTC

I get what you're saying, but why change your mind now?  You clearly did those calculations before launching.  You knew exactly where the price would be at this point in time.  Part of the idea was to reward early adopters, but now you're changing the announcement on the fly because you haven't raised enough BTC so far during the ICO?

It's still rewarding the early adopters, I just wanted to make the cost of mining more inline w/ the cost of ICO as to not have such a tremendous disparity and to allow for a much fairer distribution of the coin.

But you are right, and it changed nothing anyways. I will unfreeze the ICO.

cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 03:58:30 AM
 #125

I have done some calculations and feel it is in our best interest to freeze the ICO price where it is for a little while. So for now, the price hikes are paused, and the ICO will remain at 0.345BTC

I get what you're saying, but why change your mind now?  You clearly did those calculations before launching.  You knew exactly where the price would be at this point in time.  Part of the idea was to reward early adopters, but now you're changing the announcement on the fly because you haven't raised enough BTC so far during the ICO?

I agree completely. That is a terrible move to do for the early investors. It also sucks for the person who just bought in prior to you freezing the price. If it were me I would be pissed.

Yes, you are both correct. I should not have bent the rules to try and even the playing field.

james42
Sr. Member
****
Offline Offline

Activity: 434


View Profile
September 29, 2014, 06:55:49 AM
 #126

Is there a point where you will decide that you have not sold enough during the ICO? I see it's just over 60 so far, not near enough for your 500BTC target. I guess you need to sell a few thousand to get to that point.
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 08:09:16 AM
 #127

Is there a point where you will decide that you have not sold enough during the ICO? I see it's just over 60 so far, not near enough for your 500BTC target. I guess you need to sell a few thousand to get to that point.

The coin will be produced and maintained regardless of the amount of BTC raised. Below 500BTC raised, all funds raised will be used for ongoing development. 500 or above and 50% of it will be used as a buywall that backs the value of every coin produced during the Growth period.
 

fayoling
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 29, 2014, 03:42:03 PM
 #128

Is there a point where you will decide that you have not sold enough during the ICO? I see it's just over 60 so far, not near enough for your 500BTC target. I guess you need to sell a few thousand to get to that point.

The coin will be produced and maintained regardless of the amount of BTC raised. Below 500BTC raised, all funds raised will be used for ongoing development. 500 or above and 50% of it will be used as a buywall that backs the value of every coin produced during the Growth period.
 

For investors like myself, we should be doing everything we can to get our friends and other people to invest during the ICO phase. I know I would love to have a 250 BTC buy wall at 0.00012500 just for making it to 500BTC in the ICO. Am I correct in assuming, looking at the website that is the ICO were to make it to 1,000 BTC, there would be a buy wall of 500BTC at 0.00025000?

.
▄▄▄▄▄
GOAL BONANZA
.
▄▄▄
...FOOTBALL BETTING REVOLUTION...
▄▄▄  WHITEPΛPER  ▄  FΛCEBOOK  ▄  TELEGRΛM  ▄  SLACK  ▄  TWITTER  ▄▄▄
.
▄▄▄
.
▄▄▄▄▄
Altpocalypse
Newbie
*
Offline Offline

Activity: 29


View Profile
September 29, 2014, 06:00:07 PM
 #129

500 BTC ICO is way too optimistic in this market.  It's borderline delusional.  No offense to the Seed coin team at all.  I like the concept behind Seed and I love to see something new being offered.  But look at ARCH... with it's amazing branding, design, whitepapers, partnerships, etc... it has only raised just over 300 BTC so far after nearly a full month of consistent hype. 

Maybe if the majority of ICOs / IPOs had not been complete disasters or scams within the last few months, 500 BTC would have been reasonable.  Volume in crypto is just too low right now, and overall confidence in crypto is even lower. With that said, I sincerely hope Seed helps turn things around.
fayoling
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 29, 2014, 06:48:06 PM
 #130

500 BTC ICO is way too optimistic in this market.  It's borderline delusional.  No offense to the Seed coin team at all.  I like the concept behind Seed and I love to see something new being offered.  But look at ARCH... with it's amazing branding, design, whitepapers, partnerships, etc... it has only raised just over 300 BTC so far after nearly a full month of consistent hype. 

Maybe if the majority of ICOs / IPOs had not been complete disasters or scams within the last few months, 500 BTC would have been reasonable.  Volume in crypto is just too low right now, and overall confidence in crypto is even lower. With that said, I sincerely hope Seed helps turn things around.

As sad as this is, it's true. Math never lies, and the numbers you came up with can lead to a great concept and coin that truly benefits the early adopters and those willing to stake their coins rather than trade them. I hope it does not come down to simply being a coin that was a launched at a less then optimal time. Like Altpocalypse said, Seed has the potential to turn things around, but will people trust/acknowledge it?

.
▄▄▄▄▄
GOAL BONANZA
.
▄▄▄
...FOOTBALL BETTING REVOLUTION...
▄▄▄  WHITEPΛPER  ▄  FΛCEBOOK  ▄  TELEGRΛM  ▄  SLACK  ▄  TWITTER  ▄▄▄
.
▄▄▄
.
▄▄▄▄▄
Altpocalypse
Newbie
*
Offline Offline

Activity: 29


View Profile
September 29, 2014, 07:03:10 PM
 #131

I bought a few Seed coins immediately after the ICO opened.  I was one of the first to buy.  And I'll be staking as soon as possible.
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 09:30:57 PM
 #132

500 BTC ICO is way too optimistic in this market.  It's borderline delusional.  No offense to the Seed coin team at all.  I like the concept behind Seed and I love to see something new being offered.  But look at ARCH... with it's amazing branding, design, whitepapers, partnerships, etc... it has only raised just over 300 BTC so far after nearly a full month of consistent hype. 

Maybe if the majority of ICOs / IPOs had not been complete disasters or scams within the last few months, 500 BTC would have been reasonable.  Volume in crypto is just too low right now, and overall confidence in crypto is even lower. With that said, I sincerely hope Seed helps turn things around.

As sad as this is, it's true. Math never lies, and the numbers you came up with can lead to a great concept and coin that truly benefits the early adopters and those willing to stake their coins rather than trade them. I hope it does not come down to simply being a coin that was a launched at a less then optimal time. Like Altpocalypse said, Seed has the potential to turn things around, but will people trust/acknowledge it?

Thank you both. I am going to continue being optimistic on this one. I knew from day 1 that there were many scenarios, and ways this could play out. Raising the minimum in ICO obviously being the best case scenario, though not raising it is no where near the worse case scenario.

The plan and idea from day 1 is to leave it up to the community to decide how it all unravels. Not even I can know what to expect at this point.

notsofast
Legendary
*
Offline Offline

Activity: 1246


@notsofastcrypto


View Profile WWW
September 29, 2014, 09:37:34 PM
 #133

Haha, whoa, there was an early seedcoin from 2013 that died: SDC

http://www.seedcoin.org/

cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 10:07:42 PM
 #134

Haha, whoa, there was an early seedcoin from 2013 that died: SDC

http://www.seedcoin.org/

Yeah lol. 2013 - Pretty sure that website was made in the 90's. Not surprised it died.

ILoveLamp
Newbie
*
Offline Offline

Activity: 17


View Profile
September 29, 2014, 10:14:15 PM
 #135

So when will the ICO end?
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 10:19:12 PM
 #136

So when will the ICO end?

5pm EST on Friday October 3rd

Anoxxxy
Full Member
***
Offline Offline

Activity: 227


View Profile
September 29, 2014, 11:03:35 PM
 #137

And then the wallet will be release so we can start staking? Smiley

regards Anoxy
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 29, 2014, 11:27:11 PM
 #138

And then the wallet will be release so we can start staking? Smiley

regards Anoxy

You got it Wink

provenceday
Legendary
*
Offline Offline

Activity: 1022



View Profile
September 30, 2014, 02:00:43 AM
 #139

what's the current ipo price?

a little expensive?
cryptzo
Full Member
***
Offline Offline

Activity: 140


View Profile WWW
September 30, 2014, 03:09:08 AM
 #140

what's the current ipo price?

a little expensive?

The price is on a rising scale that goes up hourly. The current price can be found at http://seed-coin.com/ if you click on the 'I.C.O.' tab at the bottom.


Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 ... 152 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!