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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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barryzand (OP)
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November 15, 2014, 04:09:21 PM |
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go ponzi go!
 Thank you for this constructive post  I dont understand what you mean exacty though |
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erwin45
Member
 Offline
Activity: 70
Merit: 10
★Bitin.io★ - Instant Exchange
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November 15, 2014, 04:35:56 PM |
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After some constructive critism we decided to remove the investment limit. However, we dont want 1 guy to buy up half the ico. So I would like to ask to limit each investment to a ~1 btc max  Keep in mind that distribution is a key factor for this coin If you invest more then 0.5 btc, the free seeds will be based on the example. 0.7 btc investment gives you: 0.2 btc = 6 free seeds 0.5 btc = 17 free seeds = 23 free seeds and the minimum investment is?  |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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November 15, 2014, 05:35:12 PM |
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Great, this is a coin with not a lot of hype around it, but with some nice plans. The block restructure is also nice, higher rewards when you move more in time, but there should be more people knowing about GROW at that time too, so mining hashrate should be higher too. The reduced number of coins available on the market, give ICO investors some good chances to earn money as also making sure that the coin doesn't crash in the beginning.
I know with my own ROS coin, that we have traded months above the ICO price. A coin now of days needs some people with some kind of money, it is not just from pump & dump, as some people hold a coin for a long time too. Look at START or CANN some months ago. people that bought those coins are still making massive profits out of it.
It least it is not a XXXDarkcoin, as we already had enough of Darkcoin, Cannabisdark, DarkShibe, ...
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barryzand (OP)
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November 15, 2014, 05:41:14 PM |
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After some constructive critism we decided to remove the investment limit. However, we dont want 1 guy to buy up half the ico. So I would like to ask to limit each investment to a ~1 btc max Keep in mind that distribution is a key factor for this coin If you invest more then 0.5 btc, the free seeds will be based on the example. 0.7 btc investment gives you: 0.2 btc = 6 free seeds 0.5 btc = 17 free seeds = 23 free seeds and the minimum investment is? 0.05 btc as stated in the OP ICO Terms : - We are selling 1.000.000 Grow coins for 0.00001000 each. When the ICO is not sold out, the remaining coins will be destroyed. Destroy address will be public. - The ICO will run from November the 15th 2014 till November the 20th 2014, or when ICO is sold out. - Escrow : Placebo If you like to participate in this ICO, please send your BTC to this address : 1NjptUzahQ66GpntLT6Fc3bCzaUBBJw7Ci1. Deposit your btc to the ICO address 2. Send PM to Placebo with Tx 3. GrowCoins will be send to Placebo at launch 4. After block explorer is ready Placebo will start sending coins to people that joined the ICO 5. ICO funds will be released 2 days after launch (and when everybody has received their ICO coins). |
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kryptologist
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November 15, 2014, 05:44:25 PM |
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go ponzi go!
Thank you for this constructive post I dont understand what you mean exacty though I mean this looks good for a ponzi scheme. A little overpriced to start though. |
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kryptologist
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November 15, 2014, 05:46:26 PM |
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After some constructive critism we decided to remove the investment limit. However, we dont want 1 guy to buy up half the ico. So I would like to ask to limit each investment to a ~1 btc max Keep in mind that distribution is a key factor for this coin If you invest more then 0.5 btc, the free seeds will be based on the example. 0.7 btc investment gives you: 0.2 btc = 6 free seeds 0.5 btc = 17 free seeds = 23 free seeds and the minimum investment is? 0.05 btc as stated in the OP ICO Terms : - We are selling 1.000.000 Grow coins for 0.00001000 each. When the ICO is not sold out, the remaining coins will be destroyed. Destroy address will be public. - The ICO will run from November the 15th 2014 till November the 20th 2014, or when ICO is sold out. - Escrow : Placebo If you like to participate in this ICO, please send your BTC to this address : 1NjptUzahQ66GpntLT6Fc3bCzaUBBJw7Ci1. Deposit your btc to the ICO address 2. Send PM to Placebo with Tx 3. GrowCoins will be send to Placebo at launch 4. After block explorer is ready Placebo will start sending coins to people that joined the ICO 5. ICO funds will be released 2 days after launch (and when everybody has received their ICO coins). Where is the ledger? If I invest BTC, how do I know its not already sold out? |
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barryzand (OP)
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November 15, 2014, 05:58:43 PM
Last edit: November 15, 2014, 07:03:06 PM by barryzand |
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After some constructive critism we decided to remove the investment limit. However, we dont want 1 guy to buy up half the ico. So I would like to ask to limit each investment to a ~1 btc max Keep in mind that distribution is a key factor for this coin If you invest more then 0.5 btc, the free seeds will be based on the example. 0.7 btc investment gives you: 0.2 btc = 6 free seeds 0.5 btc = 17 free seeds = 23 free seeds and the minimum investment is? 0.05 btc as stated in the OP ICO Terms : - We are selling 1.000.000 Grow coins for 0.00001000 each. When the ICO is not sold out, the remaining coins will be destroyed. Destroy address will be public. - The ICO will run from November the 15th 2014 till November the 20th 2014, or when ICO is sold out. - Escrow : Placebo If you like to participate in this ICO, please send your BTC to this address : 1NjptUzahQ66GpntLT6Fc3bCzaUBBJw7Ci1. Deposit your btc to the ICO address 2. Send PM to Placebo with Tx 3. GrowCoins will be send to Placebo at launch 4. After block explorer is ready Placebo will start sending coins to people that joined the ICO 5. ICO funds will be released 2 days after launch (and when everybody has received their ICO coins). Where is the ledger? If I invest BTC, how do I know its not already sold out? That is a very good point you have there. It will be difficult to cut of the ico the moment we will reach 10btc. I am afraid I cant do anything other then make an announcement when we reach that point. However, this brings us to the point where the fixed coin price doesnt work anymore since there is a possibility we will exceed the 10btc a little bit. Thank you for pointing this out. This made me come to the conclusion there is no other way then to devide all the coins to the investors at ICO closing time. Sold out, or not I will update the OP right away. I wonder why I missed such an important thing. Maybe it is the weed Sorry for the inconvenience people, New ICO terms in the OP! |
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barryzand (OP)
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November 15, 2014, 07:07:03 PM
Last edit: November 15, 2014, 07:24:15 PM by barryzand |
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ICO is launched  All the information regarding the ICO can be found in the OP And I am almost finished with the websiteA few more things need to be added, More growguides etc. But the beginning is there Next will be the webshop, that wil take some time I will try to add a coupon option to the shop as well, so it would be easier to redeem your ICO gift |
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erwin45
Member
Offline
Activity: 70
Merit: 10
★Bitin.io★ - Instant Exchange
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November 15, 2014, 09:06:50 PM |
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retweeted will be joining the ICO real soon |
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fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
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November 16, 2014, 12:30:32 AM |
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Does anyone believe that a coin starting with an ICO is ever going to be a billion $ marketcap coin? There will always be the negative question about this coin... "Did these people buy their own ICO?". There is no way to prove that they did or didn't. This coin will never be trusted.
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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November 16, 2014, 12:37:23 AM |
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Does anyone believe that a coin starting with an ICO is ever going to be a billion $ marketcap coin? There will always be the negative question about this coin... "Did these people buy their own ICO?". There is no way to prove that they did or didn't. This coin will never be trusted.
Why? Escrow is not done via a Exchange, on exchanges that can happen, here not. As i know who join ICO and who didn't. That is the advantage of a escrow without a exchange. And i don't believe that DEV is expecting this to be a billion $ marketcap, else he would be so disappointed to not take 1% premine |
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HomerS
Newbie
Offline
Activity: 53
Merit: 0
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November 16, 2014, 01:07:37 AM |
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Really somebody send him money ? |
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barryzand (OP)
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November 16, 2014, 01:25:02 AM |
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Does anyone believe that a coin starting with an ICO is ever going to be a billion $ marketcap coin? There will always be the negative question about this coin... "Did these people buy their own ICO?". There is no way to prove that they did or didn't. This coin will never be trusted.
So all the developers who buy their own coins cheap before releasing impressing features which will cause a price rise is approved? your reasoning does not make much sense imo. We will not buy from our own ico. That is out of the question. The only way we will receive grow is through our shop. |
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fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
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November 16, 2014, 01:56:49 AM |
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Has anyone from this coin gone public with a youtube video showing who they are and talking about the coin? Anonymous ICOs are so dumb.
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kryptologist
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November 16, 2014, 05:36:30 AM |
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Does anyone believe that a coin starting with an ICO is ever going to be a billion $ marketcap coin? There will always be the negative question about this coin... "Did these people buy their own ICO?". There is no way to prove that they did or didn't. This coin will never be trusted.
Why? Escrow is not done via a Exchange, on exchanges that can happen, here not. As i know who join ICO and who didn't. That is the advantage of a escrow without a exchange. And i don't believe that DEV is expecting this to be a billion $ marketcap, else he would be so disappointed to not take 1% premine Surely everyone knows this is the internet. |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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November 16, 2014, 08:57:38 AM |
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Really somebody send him money ? I'm also planning to join this coin, why not? C-CEX ICO are failing, Bittrex ICO are expensive, Allcoin ICO are expensive. If he works a little then this coin can be a good investment for short term profit, and long term profit. |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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November 16, 2014, 08:58:50 AM |
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Does anyone believe that a coin starting with an ICO is ever going to be a billion $ marketcap coin? There will always be the negative question about this coin... "Did these people buy their own ICO?". There is no way to prove that they did or didn't. This coin will never be trusted.
Why? Escrow is not done via a Exchange, on exchanges that can happen, here not. As i know who join ICO and who didn't. That is the advantage of a escrow without a exchange. And i don't believe that DEV is expecting this to be a billion $ marketcap, else he would be so disappointed to not take 1% premine Surely everyone knows this is the internet. Yeap, but everybody also know that i'm not Barry, so i can easily verify who has bought and who didn't. |
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