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Author Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts  (Read 231270 times)
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October 19, 2014, 05:12:35 AM
 #521

2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO. Don't you think thats a bit much?  Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for.  Seems a bit excessive.

what are you suggesting? more ico coins? and what if they only raise 1000? thats 555 btc for dev. they prob spent more then that on project already! 

more ico coins if more btc raised? never seen a structure like that...

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October 19, 2014, 05:27:55 AM
 #522

2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO. Don't you think thats a bit much?  Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for.  Seems a bit excessive.

what are you suggesting? more ico coins? and what if they only raise 1000? thats 555 btc for dev. they prob spent more then that on project already! 

more ico coins if more btc raised? never seen a structure like that...

I know that you guys will have things that need to be paid for but what are they?  What are the costs?  Do you know?  If you look at Ether's uncapped ICO and their plans for the coin, they had a budget.  There was a plan for the funds and that helped show investors how funds were used.

I'm ok with expenses being paid and devs making some money but I am not ok with get rich quick deals where investors are left hanging.  I AM NOT SAYING THIS IS A SCAM OR A GET RICH QUICK DEAL but scams are a dime a dozen on here.  So many ICOs have been failures.  Devs make all the money and investors are left with nothing.  I think some of these ICOs are why the alt-coin markets are really hurting right now.  There's been a huge amount of bitcoin sucked out of the markets from these scams.  I know that most of the exchanges have decided to no longer allow devs to keep coins plus raise ICO funds.  All coins go to the ICO.  Honestly, I think that's a fairer deal in most cases.

Wanting at least a 7,000btc ICO and keeping 2.5 million coins looks bad.  It looks really excessive.  This is my opinion and some may agree and others may not.

Here's a quick suggestion for the 2.5 million coins.  Come up with a scale that will potentially use the 2.5 million to increase the 4.5 million ICO coins if more funds are raised.

Example:
If only 500 btc is raised, you keep all 2.5 million to help cover other cost.
If 500-1000 btc is raised, 15% of the 2.5 million is added to the 4.5 million coins
If 1000-2000 btc is raised, 30% of the 2.5 million is added to the 4.5 million coins
and so on... 

These numbers are just ideas but something like this gives investors a reason to invest more and helps keep the average cost per coin down so that there is a ROI for your investors.  Maybe others can chime in and offer some opinions/suggestions.
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October 19, 2014, 05:37:07 AM
 #523

What happens if 1000 bitcoins are not raised?  Will everyone be refunded?
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October 19, 2014, 06:27:12 AM
 #524

Could use some percentages to split the coins.

1000 - 15,000 bitcoins raised
0 - 100% of the 2.5 million being split up to ICO holders

If 1875btc raised during the ICO, thats 1/8 of the 2.5 million coins.
If 3750btc raised during the ICO, thats 1/4 of the 2.5 million coins.
If 7500btc raised during the ICO, thats 1/2 of the 2.5 million coins.
etc...

Using a scale like this allows for a more precise number of coins being split by the exact amount of bitcoin raised.


2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO. Don't you think thats a bit much?  Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for.  Seems a bit excessive.

what are you suggesting? more ico coins? and what if they only raise 1000? thats 555 btc for dev. they prob spent more then that on project already! 

more ico coins if more btc raised? never seen a structure like that...

"and what if they only raise 1000? thats 555 btc for dev."  True the initial holdings would only be worth 555 btc if 1000btc are raised during the ICO but if the product is good and adoption happens, those 2.5 million coins could easily become worth way more.  Kind of forces the devs to stay invested and make their holdings increase in value.

In 2 years, BRO will have about 21 million coins in circulation.  That's equal to Peercoin and Stealthcoin right now.  Both have 21 million coins.  One is ranked 7th in market cap, the other is ranked 60th.  One is worth .00265btc per coin, the other is worth 0.00006045btc per coin.  Yes I know they are different from BRO but a lot can happen between now and 2 years from now.  If BRO sees the adoption, it could over take Peercoin.  If not, it will end up much lower.  Devs and investors must be devoted in seeing the coin succeed and increasing the value of their holdings.

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October 19, 2014, 06:31:24 AM
 #525

You start dumping. And continue dumping. And continue dumping, as the price dives. You dump until it goes to 500, not just because you dump but because people panic sell. At 500, you start buying. And price goes back up. Rinse and repeat.

what is your average selling price on the way down and what is your average buying price on the way back up? this is the only thing that determines alpha in this simple strategy. take a look at bottoms or lows at any free market. what do you notice?    



notice the volume spikes at the lows? this brings the vwap down on the way down and up on the way up.  prices move towards liquidity, not away from it. prices bottom when selling stops, the buyers at lows are not overwhelming, yet the snap back is so violent, simply due of lack of sellers. there is where liquidity in reality kills the backtested alpha.

this strategy has no alpha for the big player, maybe there are weak hands that capitulate at tops and bottoms, and this strategy works for a mid size player, by making an aggressive sell to start an avalanche of stops. the big player has better alpha providing heavy liquidly on both sides, and given that the gaming company wants to retain its players, and players don't like to be exposed to extreme volatility, i would say the alpha is in providing liquidity, rather then starting a panic.

Jay, I know you are fully aware of the term "capitulation". You can provoke that daily or even more frequently if you want to. That's where the scoop comes. And you can also control the rebound. You can control it both ways and determine tops and bottoms.

As for the price being stable, I don't know if that's even desirable or attractive to cryptonites... where are they going to make money to justify their investment if the price remains stable?  

Barabbas. Our mission is to promote the gaming platforms once the coins are released.  We expect to see a slow continual increase in the price of the coin as the gaming site gains more traction and adds more participants to the whole project thus requiring more coins to supply more players. Manipulating the coin value for short term gain would be counterintuitive to producing long term profits on our multiple gaming platforms. You can see the project has been thought out well.  In the long run the combined gaming incomes will far exceed income made on the coins.  As we become more successful we will add more applications for others to participate.  ie sports book, backgammon,bingo.  This will in turn increase the demand on the coin once again driving the coin price up.  I believe Bergstake or not the ICO will be the lowest price you will ever see for BRO coin.  Please analyze my prediction and respond.


Well Randy I have to say, in light of the latest examination and in contrast with the expectations that you guys have, that I believe you are setting yourselves up for a huge disappointment.

There are a couple of things that are not exactly reassuring on the technical side of things and that goes against your statement of the project as being "well thought of". That at this stage in the game you will change to plan B regarding the mining platform and that the bloating of the blockchain hasn't been thoroughly examined long, long before this time, is, like I said, the contrary to reassuring. And, consequently, makes one thing what other aspects have not been well thought of. The other technical thing that remains an enigma is, probably, even more important: So far we only have a few images, pretty conventional and quite unimpressive as to what the aspect of the platform will be. We don't know at all how that will work and, like I said, it isn't precisely impressive: If you go into any casino en Earth these days, you can see and play poker and other games on a platform much more impressive than that, with video, etc. This is like going to the times of Pac-Man, a decade behind. Not having a working beta that people can actually experience, is, in my view, and insuperable flaw in your ICO launching.

Now, the recent projections that I have read here are a set up for disappointment... to a certain extent. To begin with, Breakout Gamis has posted that the minimal ICO money required is 1,000 BTC, which at current price is 380,000 dollars. On the pother hand, he expects between 10 and 15 times that much... the later putting BRO's launch in the same league of Ethereum. I know it will be comparing apples to Oranges to a certain extent but only in relative terms. Number one, I believe that the Ethereum ICO as well as the constant ones coming into the market plus the "JL&&& ventures and assets including SuperNET have stretched the amount of BTC available in altcoin territory to the ;point that many worthwhile projects, some quite established, are already suffering greatly because of the scarcity of capital; number 2, realistically examined, BRO is just an idea, far from a reality -with less than 1,000 BTC in the ICO it won't even happen-. Admittedly a very good idea and well supported but with too many caveats, self made and circumstantially converging to take for granted a success at the level Breakout Gamins -and you- are predicting.

No, I can't agree with you on the price of the ICO being the lowest. It could be, but far from a sure thing. The whole thing can so easily turn into a debacle that it is quite risky, actually, given the many possible variables, specially on the vital technical side of the coin platform and the gaming platform.

I don't do predictions with so many variables, but I can easily see people originally interested taking their time to see if the interest becomes BTC-vested interest and losing either on the long way of that month-long ICO. Remember that many people that were enthusiastic about Ethereum already are lamenting having "bitten" in view of the long -and not guaranteed- wait ahead. A high percentage of "enthusiastic investors" a month ago will be willing and very happy if they could take their money back right now. The same way, I can see a very big disappointment in your expectations. No, I will not see parity BRO-dollar. Not on the ICO and maybe never down the line. I would need to see many more realities, practical, working realities, to be more hopeful.

And maybe for some the stumbling point will be the "open" ICO. It is absurd for it doesn't change anything... except that this is crypto world and an ample majority of people with some BTC available are not very investment-savvy, on one side and rather "peculiar" on another. Meaning that they have convinced themselves than a closed ICO is "greedy" and you simply will not convince them otherwise no matter how absurd than concoction is in reality, so it will be also a (minimal) factor going against your very optimistic predictions.

Finally, if your more optimistic predictions were to happen, the whole thing looks disproportionate and absurd, starting with the immediate compensation of $ 3 million or more to the developers, some of which, logically, would immediately dump. And following with a "distribution" 2-year period, via promotions and such, that would put on your hands a budget several times above what Caesar's Palace spends in promotion --those 7 million coins could be worth in excess of 10 million dollars if your optimistic predictions come to happen... much more, in fact, if the operation is successful and, like you expect, it has repercussion in the price of the coin. The "distribution" model, in itself, is quite preposterous for you actually are asking people invested in the COIN to pay for the promotion of the CASINO, without obtaining any ownership in it and only the vague hope that supporting the casino expansion will somehow augment the value of the coin. A very tall order, from where I am standing.

Those 7 million coins should be part of the ICO, in my opinion, as it should be a working platform that compares advantageously with what other online casinos already have. And even on that case, it would still be quite risky to assume that the launching, bergstaking, etc, will work flawlessly -or acceptably- from the get go.

So yes, it is a great idea. Many points in its favor. But, like I posted before, a lot of caveats also.
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October 19, 2014, 06:42:19 AM
 #526

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

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October 19, 2014, 07:13:26 AM
 #527

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's
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October 19, 2014, 07:26:57 AM
 #528

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

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October 19, 2014, 07:58:19 AM
 #529

Miner only CPU?

What used mainer (name program)?

In solo mining can?
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October 19, 2014, 08:13:31 AM
 #530

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

I agree i dont see that much traffic here , and if u think 40k followers has a 1-1 conversion rate u need help.
Those people If their not bought are there for the one thing that still attracks pretty much everyone in this world the promise of FREE MONEY.
The way the ICO is run will cost the Investors a huge chunck of cash , thats why there's a 10% bonus for getting in early because the later it gets the clearer what price u will end up paying will become and less people would invest.
I was drawn a little to the +10% now im going to wait till the very last second to see if theres any meat left on the bone.
Where can i see how many of the coins will be given away in the first month?


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October 19, 2014, 08:41:39 AM
 #531

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

I agree i dont see that much traffic here , and if u think 40k followers has a 1-1 conversion rate u need help.
Those people If their not bought are there for the one thing that still attracks pretty much everyone in this world the promise of FREE MONEY.
The way the ICO is run will cost the Investors a huge chunck of cash , thats why there's a 10% bonus for getting in early because the later it gets the clearer what price u will end up paying will become and less people would invest.
I was drawn a little to the +10% now im going to wait till the very last second to see if theres any meat left on the bone.
Where can i see how many of the coins will be given away in the first month?




Nothing is a 1-1 conversion rate. Not saying that, however all I'm saying is don't base the premise of a coin by the interest you see here. Remember, most of the chit-chat here is profit driven. Might be a little different for others that actually plan to use the platform. Coins are a community, not just an investment. Smiley

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October 19, 2014, 09:24:17 AM
 #532

Imo , id rather read what the people have to say here good or bad then on facebook , alot of the posters here have invested in ICO/IPO before.
Some like Barabas write well and seem to know what their talking about.
I wonder how many of those facebook followers actually have over 100 usd in play in any crypto.
Its unproven tech your beeing asked to pay for as if it was up and running for a couple of months allready.
They dont show u spend to date, could be 150 usd could be 1.5 mln.
The 14mil coins premine besides the ICO  , thats not called dubbel dipping thats just completly taking all the sauce of the table and saying "what sauce?".

lets have a look at the 7% ,
its 7% of 200 million , the time it will take to get to 200 million  first 2 years 32.5 mil 4.5 ICO 14 mining 14 Premine .kinda looks like ur taking 50% premine on a 2 year mining period ,, but it gets better to get to your 200 cap will take about 84 years ,,so 86 years running time and u will only take 7% for 86 years but upfront please.This is offcourse next to the 150k sat *4.5 mln u hope to receive.
Greedy very greedy.



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October 19, 2014, 09:59:05 AM
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Imo , id rather read what the people have to say here good or bad then on facebook , alot of the posters here have invested in ICO/IPO before.
Some like Barabas write well and seem to know what their talking about.
I wonder how many of those facebook followers actually have over 100 usd in play in any crypto.
Its unproven tech your beeing asked to pay for as if it was up and running for a couple of months allready.
They dont show u spend to date, could be 150 usd could be 1.5 mln.
The 14mil coins premine besides the ICO  , thats not called dubbel dipping thats just completly taking all the sauce of the table and saying "what sauce?".

lets have a look at the 7% ,
its 7% of 200 million , the time it will take to get to 200 million  first 2 years 32.5 mil 4.5 ICO 14 mining 14 Premine .kinda looks like ur taking 50% premine on a 2 year mining period ,, but it gets better to get to your 200 cap will take about 84 years ,,so 86 years running time and u will only take 7% for 86 years but upfront please.This is offcourse next to the 150k sat *4.5 mln u hope to receive.
Greedy very greedy.





...And in the same breath you've just made massive assumptions based on your preconceived fears. I'm not saying that you're completely risk-adverse but to make grandiose assertions before they have the btc to do anything with their idea is stupid. Why not wait and see?

Barabbas writes well but is to FUD as shit is to flies. Look over at the SEED coin thread - over 112 pages of FUD. lol

Hey, I may be wrong though, I'm not saying that what I say is the perfect truth. All I see is a brilliant idea with Snr forum level supporters writing well and answering well. Smiley

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October 19, 2014, 10:40:20 AM
 #534

Imo , id rather read what the people have to say here good or bad then on facebook , alot of the posters here have invested in ICO/IPO before.
Some like Barabas write well and seem to know what their talking about.
I wonder how many of those facebook followers actually have over 100 usd in play in any crypto.
Its unproven tech your beeing asked to pay for as if it was up and running for a couple of months allready.
They dont show u spend to date, could be 150 usd could be 1.5 mln.
The 14mil coins premine besides the ICO  , thats not called dubbel dipping thats just completly taking all the sauce of the table and saying "what sauce?".

lets have a look at the 7% ,
its 7% of 200 million , the time it will take to get to 200 million  first 2 years 32.5 mil 4.5 ICO 14 mining 14 Premine .kinda looks like ur taking 50% premine on a 2 year mining period ,, but it gets better to get to your 200 cap will take about 84 years ,,so 86 years running time and u will only take 7% for 86 years but upfront please.This is offcourse next to the 150k sat *4.5 mln u hope to receive.
Greedy very greedy.





...And in the same breath you've just made massive assumptions based on your preconceived fears. I'm not saying that you're completely risk-adverse but to make grandiose assertions before they have the btc to do anything with their idea is stupid. Why not wait and see?

Barabbas writes well but is to FUD as shit is to flies. Look over at the SEED coin thread - over 112 pages of FUD. lol

Hey, I may be wrong though, I'm not saying that what I say is the perfect truth. All I see is a brilliant idea with Snr forum level supporters writing well and answering well. Smiley

massive assumptions  ? Really ? show me.
you just completly pass on the 7% and come back with this ?
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October 19, 2014, 02:04:41 PM
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on what exchanger ico release? i wan't buy some coins
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October 19, 2014, 05:32:05 PM
 #536

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

You said we were missing the point with the expected ICO and compared it to their 40,000 facebook followers spending .1btc.  Having a lot of facebook users doesn't necessarily mean they have that many people waiting to buy the ICO.  It doesn't mean that they bought them either but if there were 40,000 people holding bitcoin, waiting for this ICO, where are they?  I find it a bit weird to have that many followers and so little discussion or hype.  If those followers have bitcoin, there's a pretty good chance that many of them are familiar with this forum and many of those followers would be familiar with this thread.  There's probably less than 100 people that have posted anything in here.  Where's everyone else?  Where is all the hype, support, discussion?

BTW, the facebook page looks great.  You guys have some great graphic designers.


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October 19, 2014, 05:43:21 PM
 #537

I really wish more people would voice their opinion about the ICO.  With the current expectations of funds to be raised and all the coins that are being kept for free, it does not look like a good deal for investors.  Basically 9.5 million coins are being kept for free and ICO investors are footing the bill for those coins

Here's something to consider.  Anyone that wants in the ICO will be able to buy in during the 30 day period.  They have 30 days to get a piece of 4.5million BRO.  After the ICO ends, who is left to buy?  Did a lot of people miss out?  Everyone had a chance to spend their bitcoins and get some coins.  Now the markets open.  Who are the next buyers?  Who is willing to pay more for BRO than what ICO investors paid?  If they really wanted BRO, they bought it during the ICO.  The buyers that are left are the ones waiting to buy BRO under the ICO value.  Do you expect to see a flood of buy support that will keep the price above the ICO cost?  Remember, eventually 9.5 million coins are waiting to hit the market plus 9500+ PoW coins each and every day.

If the ICO details are not changed and if devs keep 9.5 million coins (to be used for a number of different things), expect to get some cheap coins when the ICO ends.  Honestly I want this project to succeed and I want it to be a fair deal for both investors and developers.  Right now it is not a fair deal and several others agree with that.  Developers, please consider making some changes to the ICO.


You just wait for Ether to open up its markets.  We will be able to buy Ether for way under the ICO investment price.  You can mark these words and come back when/if they get their stuff launched.  Anyone that wanted Ether got it during the ICO.  No buyers were left out.  There are a lot of people that regret ever investing in it.  There will be a rush of people trying to get out and buyers will be cheap.

Look at BitSwift.  That ICO sold out really fast.  There were many investors that wanted in but missed out because it sold so fast.  These investors were willing to pay more than the ICO price to get a piece of the coin.  This drove the price way above the initial ICO cost.
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October 19, 2014, 06:06:29 PM
 #538

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

You said we were missing the point with the expected ICO and compared it to their 40,000 facebook followers spending .1btc.  Having a lot of facebook users doesn't necessarily mean they have that many people waiting to buy the ICO.  It doesn't mean that they bought them either but if there were 40,000 people holding bitcoin, waiting for this ICO, where are they?  I find it a bit weird to have that many followers and so little discussion or hype.  If those followers have bitcoin, there's a pretty good chance that many of them are familiar with this forum and many of those followers would be familiar with this thread.  There's probably less than 100 people that have posted anything in here.  Where's everyone else?  Where is all the hype, support, discussion?

BTW, the facebook page looks great.  You guys have some great graphic designers.




You didn't read anything I said did you? You've basically re-iterated what you said in answer to my first post but changed the sentence structure.

Sorry - I've nothing to say, I already answered those points. No offence!

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October 19, 2014, 06:53:33 PM
 #539

I think you guys are missing the point with the expected ICO markup. If you look at their social media their Facebook page has 40,000 followers alone. Now if everyone from there were to invest, say 0.1btc (which isn't much for a good coin ICO) that would be 4000 btc. I think the true point we're all missing is the sheer amount of people these guys have placed trust and are following them "already".

In my opinion I'm going to have to be there at 12am on the dot to send my btc or I'm going to miss out on some of that exciting bergstake. I'm already saving up my zenminer cloud accumulation for the launch second of this coin. If I am thinking like this, chances are there are many, many more.

Good luck Devs, I think you will reach more than you expect Smiley

I can sell you 50,000 facebook followers for a couple hundred dollars.  Where are those 40,000 followers?  They aren't here.  Its been a lot of the same people discussing things here.  You'd think the discussion would be a lot stronger with 40,000 followers.  It will be interesting to see just how busy the ICO gets when the countdown timer hits all 0's

Sorry dude - That's a very negative take on it. Not everyone buys Facebook followers, and this forum isn't the be all and end all of crypto-talk. I watched this forum for months and months before I decided to sign up, I learned about bitcoin from various websites, blogs and news articles and there are certain crypto-currencies I've had my eye on before I knew this place existed.

You forget that what these guys are planning is a service - those 40,000 followers might be waiting for the service to start. Yes, they may have bought them but my half-glass full approach enables me to take calculated risks better than automatically dismissing a coin because it doesn't meet my standards (I have high standards btw).

E-sports is HUGE industry. Combining e-sports with cryptocurrency is a fantastic move IMO

You said we were missing the point with the expected ICO and compared it to their 40,000 facebook followers spending .1btc.  Having a lot of facebook users doesn't necessarily mean they have that many people waiting to buy the ICO.  It doesn't mean that they bought them either but if there were 40,000 people holding bitcoin, waiting for this ICO, where are they?  I find it a bit weird to have that many followers and so little discussion or hype.  If those followers have bitcoin, there's a pretty good chance that many of them are familiar with this forum and many of those followers would be familiar with this thread.  There's probably less than 100 people that have posted anything in here.  Where's everyone else?  Where is all the hype, support, discussion?

BTW, the facebook page looks great.  You guys have some great graphic designers.

You didn't read anything I said did you? You've basically re-iterated what you said in answer to my first post but changed the sentence structure.

Sorry - I've nothing to say, I already answered those points. No offence!

I read what you said.  Some of it I agree with so I didn't bother to respond to it.  I responded to the parts that I had a problem with.  Like saying I had a "negative take on it".  I wasn't trying to be negative.  Just trying to put things in perspective.  

I agree that they are building a service but I do not think its logical to conclude that all "those 40,000 followers might be waiting for the service to start".  Is there not even 5% (2,000) of them capable of being here to discuss our concerns?  What about 1% or .5%?

I agree that "E-sports is HUGE industry" and "Combining e-sports with cryptocurrency is a fantastic move..."

Why are we even bothering with discussing the facebook?  Do you have no input on anything else I've said in the other post?
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October 19, 2014, 06:56:42 PM
 #540

So not only does this coin have an insanely huge 'premine' that screws initial investors in a way, it also seems like the one guy defending this coin lately has negative trust. Were are all the followers from Facebook? As far as I know, this is the only forum for BRO discussion. I can understand if there was another one, but there doesn't seem to be another...so with all those FB followers, where are they? More importantly, where are these CELEBRITIES? Is there any concrete proof that they're associated with BRO?

Yea, im real stoked to buy some BRO now.

Also, some of the BRO ads could use better photoshop skills. Seriously.

And contrary to what people have been saying, those Poker tables look like crap. Seriously go to any online Poker website and even their most basic ones are leagues beyond these crap previews weve gotten so far. They look like the were made using Windows Paint.
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