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CedricQuotient (OP)
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December 04, 2014, 01:52:26 AM |
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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
Legendary
 Offline
Activity: 1050
Merit: 1000
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December 04, 2014, 01:55:16 AM |
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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
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CedricQuotient (OP)
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December 04, 2014, 02:12:29 AM |
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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! |
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purplejaguar
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December 04, 2014, 02:21:04 AM |
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Count me in as not a fan of this decision at all.
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BitcoinBaBa
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December 04, 2014, 02:27:44 AM |
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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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jibble
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December 04, 2014, 02:35:03 AM |
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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 |
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rhkazani1
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December 04, 2014, 02:38:24 AM |
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Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
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rhkazani1
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December 04, 2014, 02:42:22 AM |
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Dev lets vote! Create a poll?
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BitcoinBaBa
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December 04, 2014, 02:43:38 AM |
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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  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. |
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CedricQuotient (OP)
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December 04, 2014, 02:46:49 AM |
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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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anticlimax
Legendary
Offline
Activity: 1050
Merit: 1000
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December 04, 2014, 02:47:27 AM |
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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
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jibble
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December 04, 2014, 02:47:45 AM |
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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 |
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BitcoinBaBa
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December 04, 2014, 02:50:11 AM |
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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  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 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. |
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anticlimax
Legendary
Offline
Activity: 1050
Merit: 1000
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December 04, 2014, 02:50:34 AM |
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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 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
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rhkazani1
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December 04, 2014, 02:50:52 AM |
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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! |
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BitcoinBaBa
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December 04, 2014, 02:51:17 AM |
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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 |
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rhkazani1
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December 04, 2014, 02:51:24 AM |
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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 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! |
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rhkazani1
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December 04, 2014, 02:52:44 AM |
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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..... |
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BitcoinBaBa
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December 04, 2014, 02:55:32 AM |
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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 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. |
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anticlimax
Legendary
Offline
Activity: 1050
Merit: 1000
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December 04, 2014, 02:56:04 AM |
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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?
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twitter @antiiclimax
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