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Author Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts  (Read 238837 times)
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ofortuna
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October 23, 2014, 12:10:02 AM
 #841

I believe the 1000 minimum was in response to how much they're looking to raise for the whole project.

but even if a refund is offered, you will still need to opt in. since the protocol is distributed and decentralized, everyone in, will be in the Genesis block that I build.
If the coin is being released regardless, what reason would someone have to want a refund? It seems like if fewer people put in BTC, the people who did put in BTC will get even more BRO for their money.
some people don't want to invest because they're scared to many other people invest and also because scared not enough people will invest.


People don't want to invest in ICO because only 5.5 million BRO will be split among all ICO participants, while a whopping 6 million BRO will be given for FREE in Giveaways to beggars over next 2 years.  Undecided

That's like paying for some software that can be downloaded for FREE from the official software website itself.

The ICO share should be raised to at least 10 or 11 million BRO, to leave just 1.5 or 0.5 million BRO to Giveaways, that's more than enough to get you a zillion beggars.

Given out to beggars?

Freerolls in poker attract and give incentive to draw people into using the application, sign on bonuses, the ones all poker sites give, will be part of those funds.

Most of those sign up bonus funds that people earn, more often than not require spending more than you actually get from earning the bonus . So in essence they will be getting someone signing in with 1000 breakout coin, getting a 100% bonus match(this % is guess work but still stands to point no matter what %) Now they have a tiered reward that releases breakout coins to them every so many "Points" or ante they put in over time. most people will of either lost most of their initial stake before earning the full bonus, thus causing some to deposit more money to earn on the bonus again.

Having incentives to bring people in for freerolls and free matches or free bets brings people into the platform and increases the liklihood of having them actually use and spend money on the casino, or fantasy sports games, or the cool new fashion trend in poker or just texas hold em .

They also don't get any berg stake from those coins from what i have previously read (someone please verify)

most of the free giveaway coins will be used as incentive to futher expand the userbase of the platform and the currency. some of the free coins "given away" will actually produce more coins being bought than would actually be given away.


Very well explained Jibble!  That is exactly right.   Just as you explained there are "play through" requirements.  People don't get free Breakout Coins that they can just cash out.  This would be terrible for the coin and would open it up to exploiters creating swarms of accounts to collect free money!

Also, since it cannot be transferred, recipients of giveaway coins will not get Bergstake.




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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 23, 2014, 01:10:37 AM
 #842

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.


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October 23, 2014, 01:29:08 AM
 #843

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.

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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 23, 2014, 01:59:40 AM
 #844

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.
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October 23, 2014, 03:15:39 AM
 #845

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


The games are in final stages of development.  There still needs to be extensive security, anti-fraud and anti-collusion features that have to be QA tested.  We will try to have a demo video of the Fantasy Sports and Poker in a short time.

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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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October 23, 2014, 04:23:22 AM
 #846

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


The games are in final stages of development.  There still needs to be extensive security, anti-fraud and anti-collusion features that have to be QA tested.  We will try to have a demo video of the Fantasy Sports and Poker in a short time.
Do you have any idea how many times we've heard "just give us your Bitcoins, It's in the final stage of devlopement, Just have to debug it etc etc " If it is so close to a completed project you should have delayed ICO

and had something real to show investors, but by not doing so you have bundled yourself with some very dodgy scammers that have preceded you. I am not accusing you of being a scam but how can I tell?  Truth is I 

can't, and its a case of once bitten twice shy. I will mine but I won't invest in ICO

Jon 

          ICO Instant Cash Out
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October 23, 2014, 04:44:45 AM
 #847

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


no one thought this way before ethereum?

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


The games are in final stages of development.  There still needs to be extensive security, anti-fraud and anti-collusion features that have to be QA tested.  We will try to have a demo video of the Fantasy Sports and Poker in a short time.
Do you have any idea how many times we've heard "just give us your Bitcoins, It's in the final stage of devlopement, Just have to debug it etc etc " If it is so close to a completed project you should have delayed ICO

and had something real to show investors, but by not doing so you have bundled yourself with some very dodgy scammers that have preceded you. I am not accusing you of being a scam but how can I tell?  Truth is I 

can't, and its a case of once bitten twice shy. I will mine but I won't invest in ICO

Jon 

so you should just value these coins as if everything still needs to be built.

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October 23, 2014, 06:32:57 AM
 #848

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


no one thought this way before ethereum?

I want to use Demo/Fake-Bro coins with Bergstake to play at least a trial game at your site before investing.
IMO, that is the main issue, not high or low price. Up until now, just nice graphics and promising features.


The games are in final stages of development.  There still needs to be extensive security, anti-fraud and anti-collusion features that have to be QA tested.  We will try to have a demo video of the Fantasy Sports and Poker in a short time.
Do you have any idea how many times we've heard "just give us your Bitcoins, It's in the final stage of devlopement, Just have to debug it etc etc " If it is so close to a completed project you should have delayed ICO

and had something real to show investors, but by not doing so you have bundled yourself with some very dodgy scammers that have preceded you. I am not accusing you of being a scam but how can I tell?  Truth is I 

can't, and its a case of once bitten twice shy. I will mine but I won't invest in ICO

Jon 

so you should just value these coins as if everything still needs to be built.


Also think about ICO for Breakout coin being used to fund Breakout gaming in which you won't own any share of, the only benefit is POB which you also get from mining

Jon

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October 23, 2014, 08:02:23 AM
 #849

I would have lol'd at fantasy LoL even last year. Now it's a natural progression.
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October 23, 2014, 08:05:33 AM
 #850

Tongue

regarding the 1000 minimum

the coin is going to launch with all ico investors in genesis block regardless





So, the coin will be launched regardless of how many BTC are gathered?
That's going to be a plus, since many possible investors fear to invest with a chance that they are going to receive only a refund after 30 days, which is a long period to have your BTC locked into an ICO.

This is a very good decision.



+ 100000
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October 23, 2014, 11:53:21 AM
 #851

so you should just value these coins as if everything still needs to be built.

LOL, that will take a long friggin time to get a gaming site up.  On top of that, none of the games have been approved for licensing yet.  This is at least 1 year away from launch, easy. If ever.
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October 23, 2014, 12:58:26 PM
 #852

Also think about ICO for Breakout coin being used to fund Breakout gaming in which you won't own any share of, the only benefit is POB which you also get from mining

Jon

Hmmm, I look at it a little different than you.  Since the success of Breakout Gaming and Breakoutcoin are probably perfectly correlated, I look at my investment in the ICO as an investment in Breakout Gaming.  I will share in the success or failure.
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October 23, 2014, 01:53:52 PM
 #853

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?


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October 23, 2014, 03:39:04 PM
 #854

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?

neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction.

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October 23, 2014, 03:58:00 PM
 #855

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?

neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction.

Well that would not distribute Bergstake far and wide so .. i ask again is the pool software that will give the miners their bergstake from pool beeing made or what gives?
U should have had this tested up and running before the ICO started.
I still want to invest but u make the biggest deal out of ICO getting Bergstake but then u leave this part of this hanging on maybe this or that without any clear answer.
So make a decision and get back to me because pool owners getting all the Bergstake and paying the miners is not a realistic option if u want to distribute far and wide , and if thats not the case
Bergstake for ICO only sounds a lot better then having the pools get most of it.
Please make what u plan to do crystal clear.so even i can understand it and invest.







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October 23, 2014, 04:20:25 PM
 #856

Is ICO a coin Huh Huh
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October 23, 2014, 04:21:39 PM
 #857

Is ICO a coin Huh Huh

It stands for Initial Coin Offering.  I'm sure some dev will choose ICO as a symbol soon.
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October 23, 2014, 06:29:14 PM
 #858

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?

neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction.

If I can't sell the Bergstake that I purchased during the ICO on an exchange, say in 2 or 3 months after the ICO ends; my coins are going to be less valuable.  Embarrassed
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October 23, 2014, 07:26:37 PM
 #859

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?

neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction.

If I can't sell the Bergstake that I purchased during the ICO on an exchange, say in 2 or 3 months after the ICO ends; my coins are going to be less valuable.  Embarrassed

Bergstake is the only way to sign blocks in the PoB phase.  You can trade BRO on an exchange, but Bergstake remains with the original owner and is more valuable.

VICI!
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October 23, 2014, 07:27:58 PM
 #860

About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.




One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose.  The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake.


So what your saying is that bergstake will be transferable and sellable on the exchange ?
Or will bro own all mining pools?

neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction.

If I can't sell the Bergstake that I purchased during the ICO on an exchange, say in 2 or 3 months after the ICO ends; my coins are going to be less valuable.  Embarrassed

Or it will be more valuable. I don't want confuse you by suggesting radically new investment strategies, but never it crossed your mind that holding your investment is also an option?

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