[ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts

[JakeThePanda]

I will probably still be a customer but at current rates i wont be an investor.

You can make some of the people happy all the time, but you can never make all the people happy.  I bought in as early as possible, so I'm happy.  You didn't buy in early, so you aren't happy.  The early bird gets the worm and the same goes for investments.  That's the way the world works.

You knew about this structure when you posted on October 30th, when you could have bought in at 6k.  

[ofortuna]

I will probably still be a customer but at current rates i wont be an investor.

You can make some of the people happy all the time, but you can never make all the people happy.  I bought in as early as possible, so I'm happy.  You didn't buy in early, so you aren't happy.  The early bird gets the worm and the same goes for investments.  That's the way the world works.

You knew about this structure when you posted on October 30th, when you could have bought in at 6k.  

Jake always calls it as he sees it 

[Koontas]

I will probably still be a customer but at current rates i wont be an investor.

You can make some of the people happy all the time, but you can never make all the people happy.  I bought in as early as possible, so I'm happy.  You didn't buy in early, so you aren't happy.  The early bird gets the worm and the same goes for investments.  That's the way the world works.

You knew about this structure when you posted on October 30th, when you could have bought in at 6k.  

Amen!  Hope your panda is well.   

[tx42]

Why would anyone do this ?
I cant imagine anyone buying into the ICO after it left the 5500 range.
It makes no sense at all.
The 8% that u had before for early investors was fair this is just crazy.
I like the new deal for the bergstake glad u saw it my way in the end.
But now u have robbed me of the chance to invest i would have been interrested at the 6500 range but  or even 8% over that but whats happening now is beyond all reason who thought up this construction?

When I'm going to invest in a coin, I watch the thread like a hawk. How is it that you are only finding out now about the current ICO structure?

It's somewhat of a fallacy to compare the price against what others have already paid. When someone buys Apple stock now, they don't compare it to when it was trading a $4 a share.

[barabbas]

next price: 1 bitcoin buys 3,500 BRO at block 329795 [/color][/center]

Why would anyone do this ?
I cant imagine anyone buying into the ICO after it left the 5500 range.
It makes no sense at all.
The 8% that u had before for early investors was fair this is just crazy.
I like the new deal for the bergstake glad u saw it my way in the end.
But now u have robbed me of the chance to invest i would have been interrested at the 6500 range but  or even 8% over that but whats happening now is beyond all reason who thought up this construction?
[/quote]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

[LovSan]

next price: 1 bitcoin buys 3,500 BRO at block 329795 [/color][/center]

Why would anyone do this ?
I cant imagine anyone buying into the ICO after it left the 5500 range.
It makes no sense at all.
The 8% that u had before for early investors was fair this is just crazy.
I like the new deal for the bergstake glad u saw it my way in the end.
But now u have robbed me of the chance to invest i would have been interrested at the 6500 range but  or even 8% over that but whats happening now is beyond all reason who thought up this construction?

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

They are not a bunch of anon lame devs, it's solid team of pro, they will find how to sort it (if it happens) one way or another.

[JakeThePanda]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

[Rayban34]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Barrabbas likes to smell his own farts. I've only ever seen him FUD a coin; never sits on a thread to give any worthwhile support. You see, this coin is too big of a player to take heed of his attempts at gaining cheap BRO - you didn't invest, tough shit. And like the JakeThePanda said: this Forum isn't the centre of the universe.

Oh, and take it from a person that's been sat here biting his tongue for weeks on several other threads - Barabbas is in it for the long run. He'll be here spouting crap and spreading fear as long as this thread exists, or he's deleted.

... I also hate the fact that he's made me acknowledge him once again!!

[bitarri]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Barrabbas likes to smell his own farts. I've only ever seen him FUD a coin; never sits on a thread to give any worthwhile support. You see, this coin is too big of a player to take heed of his attempts at gaining cheap BRO - you didn't invest, tough shit. And like the JakeThePanda said: this Forum isn't the centre of the universe.

Oh, and take it from a person that's been sat here biting his tongue for weeks on several other threads - Barabbas is in it for the long run. He'll be here spouting crap and spreading fear as long as this thread exists, or he's deleted.

... I also hate the fact that he's made me acknowledge him once again!!

+1 for banning Barabbas

Every single one of his posts has been nothing but pure FUD. If you don't like what you see here, GTFO already.

[bitarri]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Agreed, BRO Dev team members are googleable public figures, located in Silicon Valley. BreakoutGaming can easily raise few million dollars from VCs if they want to.  

VC firms are very eager to invest in Fantasy sports & e-sports these days:
Fanduel raised $86.2 Million in funding: http://www.crunchbase.com/organization/fanduel
DraftKings raised $76.4 Million in funding: http://www.crunchbase.com/organization/draftkings

Investing in crypto startups is also very appealing to VC firms and institutional investors: http://www.futuresmag.com/2014/11/10/institutional-interest-in-bitcoin-surges-as-tradin

I think the reason behind announcing BRO ICO on Bitcointalk is to not only give crypto community an early shot at this ICO, but also to allow for a fair distribution that's necessary to secure the PoS (PoB) network by ensuring a large number of active nodes, as opposed to raising funds from just a couple of VC firms.

[LovSan]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Agreed, BRO Dev team members are googleable public figures, located in Silicon Valley. BreakoutGaming can easily raise few million dollars from VCs if they want to.  

VC firms are very eager to invest in Fantasy sports & e-sports these days:
Fanduel raised $86.2 Million in funding: http://www.crunchbase.com/organization/fanduel
DraftKings raised $76.4 Million in funding: http://www.crunchbase.com/organization/draftkings

Investing in crypto startups is also very appealing to VC firms and institutional investors: http://www.futuresmag.com/2014/11/10/institutional-interest-in-bitcoin-surges-as-tradin

I think the reason behind announcing BRO ICO on Bitcointalk is to not only give crypto community an early shot at this ICO, but also to allow for a fair distribution that's necessary to secure the PoS (PoB) network by ensuring a large number of active nodes, as opposed to raising funds from just a couple of VC firms.

Yes, you are 100% right.

I still don't understand why these guys can't simply gather up $250k(~700BTC) from their celebrity endorsers. Something isn't right.

This is an opportunity for the crypto community to participate in the coin sale.  We are offering the crypto community first chance at the coins,  The sale purpose is to:

1. Offer the crypto community first chance at the coins and Bergstake.
2. Spread the coin to a wide and diverse group as possible.
3. If the crypto community does not reach the proposed amount, we will be taking it to a private sale as you suggested 
4. If we didn't offer the general public the chance at the coins first, there would be a chance of negative reaction.
5. There has already been significant investment in time and money into the project.

[Koontas]

Well, my BRO's, if the thread gets out of control, there is always XSTerminate to keep it clean.  https://bitcointalk.org/index.php?topic=850210.msg9489481#msg9489481

Although I don't think we're at that point yet, there WILL likely be a troll attack at some point, there always is...

[btcsnippers]

I will probably still be a customer but at current rates i wont be an investor.

You can make some of the people happy all the time, but you can never make all the people happy.  I bought in as early as possible, so I'm happy.  You didn't buy in early, so you aren't happy.  The early bird gets the worm and the same goes for investments.  That's the way the world works.

You knew about this structure when you posted on October 30th, when you could have bought in at 6k.  

That was allready lower the the Initial Ico ..
They changed EVERYTHING , After the ICO started , most of the things that changed I and several other people in this thread suggested.
(in my earlier posts before things changed u can read that i wouldnt mind paying 8% but i didnt want to put my btc to sleep for a month.)
(also No mining  Bergstake for ICO only  those changes where made because I and a few others pointed out the flaws in that)
No need to thank us or anything. But apperantly the "fud" worked out well for everyone there. Except the miners.
(dont believe just read the thread.)

What they Should have done is Restart  the ICO with the NEW terms and shorten it.

What im trying to explain is that it makes 0 sense for me personally to pay allmost double for something that someone else just paid half for less then a month ago without a significant ammount of progress in the project.(if something like the Beta started and the first people bought in before it started I'd totally understand . but nothing like that happend.)

Jake let me ask u this ,

If u had only now found out about this project would u buy now at 4k per btc? knowing that a few 100 btc sold at 6500 a btc ?


I doubt it , id be surprised if more then a few btc comes in  in the last weeks and if thats the case the ICO should have just been 2 weeks shorter.

(IMO this is how the world works

agree to disagree.

[btcsnippers]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Its not, they have allready stated that the "missing" cash not raised by the ICO would be filled up by "Angel" (RL) investors.

However my question to that is will those investor(s) buy the coins&bergstake or will they get a piece of the overall company?

I highly doubt that those investors would agree to get the equivalent of 3500 B&C so my question about that is what will their end be (per BTC they have to add on).
 
Depending on the numbers I might be interrested in that end What kind of numbers should i be thinking to get a piece of that Pie or is that not on the table?



 

 

[barabbas]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

"working" means that they won't be able to sell any significant amount of BRO from now on, private offering or not... if by "private" we assume that they will not simply keep the coins themselves.

And contrary to your opinion, I believe the investment has already been made and there's no more available capital, other than what this crowd funding effort produces.

But Jake, it is just my opinion. I have given it to you in some other projects also, so give it whatever value you deem it deserves.

One thing I could tell you right now: Unless they pay themselves selling to themselves the rest of the BRO, there's no way, none, that they are going to reach the 700 BTC that they said they need, at the minimum, to get the project started. And you have to understand that even if by some miracle that number is legitimately reached, there would still be MILLIONS of BROs and Bergstakes "floating", so to speak, left unsold.

[barabbas]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

Its not, they have allready stated that the "missing" cash not raised by the ICO would be filled up by "Angel" (RL) investors.

However my question to that is will those investor(s) buy the coins&bergstake or will they get a piece of the overall company?

I highly doubt that those investors would agree to get the equivalent of 3500 B&C so my question about that is what will their end be (per BTC they have to add on).
 
Depending on the numbers I might be interrested in that end What kind of numbers should i be thinking to get a piece of that Pie or is that not on the table?



 

 

They have stated numerous times that that "Pie" is indeed NOT on the table. But things may and do change sometimes...

[qawzsx]

I will probably still be a customer but at current rates i wont be an investor.

You can make some of the people happy all the time, but you can never make all the people happy.  I bought in as early as possible, so I'm happy.  You didn't buy in early, so you aren't happy.  The early bird gets the worm and the same goes for investments.  That's the way the world works.

You knew about this structure when you posted on October 30th, when you could have bought in at 6k.  

That was allready lower the the Initial Ico ..
They changed EVERYTHING , After the ICO started , most of the things that changed I and several other people in this thread suggested.
(in my earlier posts before things changed u can read that i wouldnt mind paying 8% but i didnt want to put my btc to sleep for a month.)
(also No mining  Bergstake for ICO only  those changes where made because I and a few others pointed out the flaws in that)
No need to thank us or anything. But apperantly the "fud" worked out well for everyone there. Except the miners.
(dont believe just read the thread.)

What they Should have done is Restart  the ICO with the NEW terms and shorten it.

What im trying to explain is that it makes 0 sense for me personally to pay allmost double for something that someone else just paid half for less then a month ago without a significant ammount of progress in the project.(if something like the Beta started and the first people bought in before it started I'd totally understand . but nothing like that happend.)

Jake let me ask u this ,

If u had only now found out about this project would u buy now at 4k per btc? knowing that a few 100 btc sold at 6500 a btc ?


I doubt it , id be surprised if more then a few btc comes in  in the last weeks and if thats the case the ICO should have just been 2 weeks shorter.

(IMO this is how the world works

agree to disagree.

I don't get you people at all, a bunch of complete hypocrites.

On a hand you don't want to keep your bitcoins "blocked" for a month (gosh, why are you people call that an investment anyway), I get that, you want in and you want out as fast as possible to make a quick buck
On the other hand, you are frustrated for paying an extra for NOT having your BTC blocked for a month.

WTF??!!!!!


Believe me, this team does not care about guys like your, trying to make some quick buck.
If you are making an investment act like it. Invest for a med-long term.

2x the initial price? Who gives a quack, this can go 100x without problem if everything goes well.

Now, get your head out of sand and think straight already.

"Ohhhh, I'm gonna tell this to my mom, you are some mean devs, making me pay 2x the initial price..."


I hope more projects will adopt this idea so we don't get some P&D ninjas out there ready to by in the last hours into the projects, messing the distribution.


Good job BRO team BTW.

[qawzsx]

Questions

There are 10.000.000 BRO available for ICO.
Seems that we have some fixed amounts/BTC, what happens with the unsold coins? Will those coins be distributed to the investors based on how much they invested?

[bitarri]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

"working" means that they won't be able to sell any significant amount of BRO from now on, private offering or not... if by "private" we assume that they will not simply keep the coins themselves.

And contrary to your opinion, I believe the investment has already been made and there's no more available capital, other than what this crowd funding effort produces.

But Jake, it is just my opinion. I have given it to you in some other projects also, so give it whatever value you deem it deserves.

One thing I could tell you right now: Unless they pay themselves selling to themselves the rest of the BRO, there's no way, none, that they are going to reach the 700 BTC that they said they need, at the minimum, to get the project started. And you have to understand that even if by some miracle that number is legitimately reached, there would still be MILLIONS of BROs and Bergstakes "floating", so to speak, left unsold.

Devs said they just needed $250K USD to complete the software. So far, $116K USD has been raised, and there's still another 7 days to go. I'd say they're not too far from their goal.

It's unfortunate that the ICO started in the worst BTC bear market, but things are now changing and BRO launch will thrive in this coming BTC bull market.

I can't think of any other coin that has this killer combination of 1. Technological breakthrough 2. Massive potential market 3. Top notch Marketing and 4. Celebrity endorsement.

A spot among top 5 in Coin Market Cap list is a no brainer, which means BRO will starts selling from 200 to 100 BRO per BTC.

[barabbas]

It is just a very poor, unfortunate decision by the dev team that, obviously, will not work. It has ZERO chance to work.

The dev team simply tried the impossible, which is to please everyone instead of doing the proper thing which was the initial plan of letting the market itself determine the price. This is going to be a mess in the end, I'm afraid.

What does working mean?  You are assuming that Breakoutcoin is like all the other scam alternative projects that need bitcointalk to stay alive. Breakoutcoin should be less reliant on Bitcointalk then just about any other alternative crypto project. I would hope David Hanlon and the rest of the Breakoutgaming team isn't relying on Bitcointalk for the necessary funding.  FFS, he was the Chief Operating Officer of the Rio Hotel Casino.  How could they not have alternative funding sources outside of this sewer of a forum?

Barabbas, I would agree with you 100% if I thought this offering was the only funding source, but this project has too many well known players for me to believe that's the case.

"working" means that they won't be able to sell any significant amount of BRO from now on, private offering or not... if by "private" we assume that they will not simply keep the coins themselves.

And contrary to your opinion, I believe the investment has already been made and there's no more available capital, other than what this crowd funding effort produces.

But Jake, it is just my opinion. I have given it to you in some other projects also, so give it whatever value you deem it deserves.

One thing I could tell you right now: Unless they pay themselves selling to themselves the rest of the BRO, there's no way, none, that they are going to reach the 700 BTC that they said they need, at the minimum, to get the project started. And you have to understand that even if by some miracle that number is legitimately reached, there would still be MILLIONS of BROs and Bergstakes "floating", so to speak, left unsold.

Devs said they just needed $250K USD to complete the software. So far, $116K USD has been raised, and there's still another 7 days to go. I'd say they're not too far from their goal.

It's unfortunate that the ICO started in the worst BTC bear market, but things are now changing and BRO launch will thrive in this coming BTC bull market.

I can't think of any other coin that has this killer combination of 1. Technological breakthrough 2. Massive potential market 3. Top notch Marketing and 4. Celebrity endorsement.

A spot among top 5 in Coin Market Cap list is a no brainer, which means BRO will starts selling from 200 to 100 BRO per BTC.

In that case, all of you are going to be very rich very quick, why the anger?