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Author Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet  (Read 148840 times)
CedricQuotient
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December 04, 2014, 01:52:26 AM
 #161

I think its best not to change any initial crowd fund terms and conditions.
I agree, I am still in favor of burning any unsold coins.  Abacus funded through open buys, as a reward to XQN people for holding, and also to bring some initial buy support.

I'm also a trader and I know I would prefer not to have that "cloud" of unsold coins floating around out there however it is managed, I think it is better for the market to burn them and not have that vagueness/anxiety present.

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anticlimax
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December 04, 2014, 01:55:16 AM
 #162

I think its best not to change any initial crowd fund terms and conditions.
I agree, I am still in favor of burning any unsold coins.  Abacus funded through open buys, as a reward to XQN people for holding, and also to bring some initial buy support.

I'm also a trader and I know I would prefer not to have that "cloud" of unsold coins floating around out there however it is managed, I think it is better for the market to burn them and not have that vagueness/anxiety present.

I agree.
Though, it doesn't hurt to discuss all the options.

twitter @antiiclimax syndicatelabs.io
CedricQuotient
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December 04, 2014, 02:12:29 AM
 #163

We've decided to extend this one last time for one more week, due to the many requests received privately asking for more time for a variety of reasons.  Your requests have been answered, and you have one more week to participate!



Will run through December 10, 2014 11:59:59 PM EST.

Thanks to all for all of the support and interest!

purplejaguar
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December 04, 2014, 02:21:04 AM
 #164

Count me in as not a fan of this decision at all.
BitcoinBaBa
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December 04, 2014, 02:27:44 AM
 #165

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.
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December 04, 2014, 02:35:03 AM
 #166

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Yeah it's pretty much bullshit, You create an IPO with terms, you change those terms 2 times, because people didn't see it in time

This happens with every single IPO people miss them because they are given a specific amount of time for people to buy in and they dont actively look for it, on the 10th of december even more people who have seen it on december the 8th and 9th will be messaging asking for it to be extended because they didn't see it in time, he already extended it twice so why not ask again, leading to even more people asking than previously.

expect the actual IPO end date to be somewhere in may of 2015
rhkazani1
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December 04, 2014, 02:38:24 AM
 #167

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
rhkazani1
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December 04, 2014, 02:42:22 AM
 #168

Dev lets vote! Create a poll?
BitcoinBaBa
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December 04, 2014, 02:43:38 AM
 #169

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.
CedricQuotient
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December 04, 2014, 02:46:49 AM
 #170

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

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December 04, 2014, 02:47:27 AM
 #171

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
40btc is not ideal.. You honestly think you can create AI easily with 40btc funding?
Companies invest millions for this tech.

I'm shocked by the claim he is being greedy.. Come on now.

twitter @antiiclimax syndicatelabs.io
jibble
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December 04, 2014, 02:47:45 AM
 #172

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for
BitcoinBaBa
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December 04, 2014, 02:50:11 AM
 #173

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!

Yeah greedy dev  Angry

Okay 50 BTC at $380 a coin is $19k. Let's call it $20k.

Dev projected several months for the project, let's say he works 40 hours a week for 6 months, or 960 hours. That's $20.83 an hour with no benefits.

Wait, maybe the dev isn't being greedy; maybe we're just supporting low paid labor Tongue

What is the point of minimum 25 btc for the crowdfund to be a success?

If 50 btc is not enough to sustain the project then the crowd fund should be deemed a failure and the coins refunded.

anticlimax
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December 04, 2014, 02:50:34 AM
 #174

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

twitter @antiiclimax syndicatelabs.io
rhkazani1
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December 04, 2014, 02:50:52 AM
 #175

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
40btc is not ideal.. You honestly think you can create AI easily with 40btc funding?
Companies invest millions for this tech.

I'm shocked by the claim he is being greedy.. Come on now.

Dude, i am not saying that, dev did!
BitcoinBaBa
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December 04, 2014, 02:51:17 AM
 #176

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for

+100
rhkazani1
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December 04, 2014, 02:51:24 AM
 #177

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

I am with you!
rhkazani1
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December 04, 2014, 02:52:44 AM
 #178

Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

Let's vote then....if people were not proactive enough let them buy over exchanges later or sooner.....
BitcoinBaBa
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December 04, 2014, 02:55:32 AM
 #179

Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

Yes, Its quite simple.The more btc put in the less lucrative it is for a investor as there will be more coins in circulation than burned.

As the price is fixed I would rather wait for the last day of the crowdsale to invest than have to keep my btc hostage for weeks.
anticlimax
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December 04, 2014, 02:56:04 AM
 #180

You guys really don't give the impression you care about the long term success of this project.
Your views seem awefully short sighted.

Explain to me why having more btc to fund a project is so utterly horrible?

Have any of you done your homework on what VC's spend to fund this type of project?

twitter @antiiclimax syndicatelabs.io
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