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Author Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts  (Read 241560 times)
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ofortuna
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October 22, 2014, 06:03:28 AM
 #781

When I saw Please send between 0.01 and 10,000 BTC. I was out.

Sorry about that Enryk, would you like us to raise the max or lower the min?  Grin

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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 22, 2014, 07:11:19 AM
 #782

30 day ICO is waaaaaay toooooo looooong.

I suggest you change it to 7 or 10 days max to create the sense of urgency that the 10% incentive model failed to create.
 
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October 22, 2014, 07:41:10 AM
 #783

When I saw Please send between 0.01 and 10,000 BTC. I was out.

Sorry about that Enryk, would you like us to raise the max or lower the min?  Grin

Raise the max Wink I wanted to invest more.

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October 22, 2014, 09:42:11 AM
 #784

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling),  it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.
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October 22, 2014, 09:50:02 AM
 #785

The way that the ICO is structured, it just looks like the early bird bonus is not enough to outweigh the advantage of joining later. A lot of people will probably want to see how much the ICO raises close to day 30, before taking the plunge. Either way, too early to tell...
Cheers!

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October 22, 2014, 09:52:09 AM
 #786

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.

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October 22, 2014, 10:09:58 AM
 #787

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling),  it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.


Thank you altcoin UK.  Trust me this party's not over yet.  Still got some options. 
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October 22, 2014, 10:48:22 AM
 #788

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling),  it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.


Thank you altcoin UK.  Trust me this party's not over yet.  Still got some options.  


The issue - at least what I can see is an issue - is your audience here. Like that dukeneptun guy above who has no idea how to check out a BTC address to look up the transaction history of the address. I don't think this is the best place for a serious operation like yours. There are only a very few sensible and knowledgeable people here like Barabbas and a few others, apart from them the average age here is 18, wannabe investors borrowed $50 from grandpa and play tycoon by writing complete nonsense all over the threads, and again the issue is that their combined wealth is 0.1 BTC the most and there is no available anymore the 10K BTC, what you need.

I am sure you have other options and I wish you the best. You put forward here a transparent team, your use case (gambling) is a perfect area for digital currencies and your success would have only a positive impact on digital currencies in general, so I truly hope you will succeed.
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October 22, 2014, 11:05:00 AM
 #789

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention




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October 22, 2014, 11:47:09 AM
 #790

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention






I would add on this list that this is not a very well timed ICO as well.  Bitcoin is about to go on one of it's worst bear stretches over the next 30 days.  It is rumored some SEC busts are going to happen in the next few days, Fincen is expected to serve notice to 5 to 6 BTC companies before Money 20/20 on 11/4, and the TA is looking massively bearish already.  There's a reason why the regular stock market doesn't push IPO's during bear markets.  The same holds true here.  People are just much less likely to invest during those stretches.  That will be a huge factor on the number of coins this ICO raises.

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October 22, 2014, 11:58:58 AM
 #791

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention


6) So far we saw only some fancy website and hear promises, no proof of anything
7) Team behind is full of complete strangers to me (does not matter whether they are sr. members or not)
8 ) No one of so called pros used for marketing probably knows anything about BRO
9) ICO is not escrowed any way, transparent adress is just a joke as You can only watch its funds leaving

-> wish You good luck, but so many scam bells for me.

Don´t deal with crappy shitcoins and stop wasting electricity
Support real science instead
[/url]
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October 22, 2014, 01:15:53 PM
 #792

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.


how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

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October 22, 2014, 01:33:20 PM
 #793

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.


how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.
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October 22, 2014, 02:08:50 PM
 #794

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention






We hear you. Thank you for your feedback
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October 22, 2014, 02:22:39 PM
 #795

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention






We hear you. Thank you for your feedback

IMO, you are basing the success of BRO too much on the specifications of the coin.  This is a case where most of the short-term success will be based off the usage of the coin through the Breakout Gaming platform.  

I care more about:

1) How will they handle a serious funding shortfall?  What if they only raise 100-200btc?
2) How long before the gaming platform is ready?
3) Most importantly, how are they going to market the platform to the masses?  ESPN commercials, gambling forums, B&M Casino relationships, etc?

A relationship with a B&M casino would be interesting because they would offer US poker in NJ and LV.  It would be cool if I could use my Breakoutcoins at a B&M casino.
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October 22, 2014, 03:17:16 PM
 #796

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.



Thank you quazsx...  I understand the fear of certain people due to all of the scams that happened.  This ends up hurting all of us.  Breakout Gaming is not just about some people with bitcointalk handles, it involves so many other people who put their money as well as reputation on the line.  It would be nice if people would at least go to our website and investigate more...

We are working hard still to make this happen.  Thank you all for your support.

VICI!
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October 22, 2014, 03:24:31 PM
 #797

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.


how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.

Thank you altcoinUK.
NOjust,  while escrow used to be popular, it is no guarantee.  In addition to what altcoinUK said, just look at the Mintpal/Moolah situation...

VICI!
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October 22, 2014, 03:45:33 PM
 #798


1) ICO is too small
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

POB must start after POW so either POW is to short or POB starts in too long... cant be both.

the larger the ICO, the larger the pre-mine, in order to lower the % pre-mine, POW rewards must be large.

all this is to maximize distribution and minimize centralization.  

an even better coin would be 5 years of pow and then pob, with 7 million pow over those 5 years.. but that was too long. this is the first pob coin, and there is real technical innovation.  

most reason good alt-coins die, is lack of marketing and support. Breakoutcoin should be as string and "stable" as any alt-coin.

if the ratio of ICO / pre-mine is to low.. the market will price it correctly.  everyone said they will wait to the end if there is an uncapped ICO, maybe thats what they are doing. we are averaging 5 investors per-hour, so far the distribution is perfect. yes, not alot of BTCs have been raised yet, isnt this the best case scenario for the small ico investor?

i understand everyone just looks for things to complain about, it is bitcointalk after all.


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October 22, 2014, 03:47:36 PM
 #799

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.


how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.

Thank you altcoinUK.
NOjust,  while escrow used to be popular, it is no guarantee.  In addition to what altcoinUK said, just look at the Mintpal/Moolah situation...

known public figures > any altcoin escrow/exchange

Currently there is no escrow out there on bitcointalk to compete with this alone:

https://twitter.com/REALJenHarman/status/511709224775467009
https://twitter.com/back2backflack/status/511684185379987456
https://twitter.com/ForrestTed/status/511673494455599105
https://twitter.com/_DavidBenyamine/status/511745726192578560

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October 22, 2014, 04:38:04 PM
 #800

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.



You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.


how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.

Thank you altcoinUK.
NOjust,  while escrow used to be popular, it is no guarantee.  In addition to what altcoinUK said, just look at the Mintpal/Moolah situation...

known public figures > any altcoin escrow/exchange

Currently there is no escrow out there on bitcointalk to compete with this alone:

https://twitter.com/REALJenHarman/status/511709224775467009
https://twitter.com/back2backflack/status/511684185379987456
https://twitter.com/ForrestTed/status/511673494455599105
https://twitter.com/_DavidBenyamine/status/511745726192578560



Thank you qawzsx

VICI!
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