myagui
Legendary
 Offline
Activity: 1154
Merit: 1001
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December 08, 2014, 12:32:18 PM |
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Nah just a useless ICO extent.
The main point into getting in an ICO is to have equal prices with every other investors in order to avoid the dumping at starting price.
Right now Main investors got 20% of the price, since they have it at nearly 16K sat. The others at 20K sat.
Now market price will be dumped at the very early phase in order to make this easy 20% profit. Which will cause some panic and you might see the price fall even lower then 16k sat.
20% is a ridiculous amount thats all.
Early investors currently add up to about 80% of the total ICO funds. Why the hell would a bunch of investors dump 80% of the raised XAI capital for a measly 20% gain? The opportunity that most investors are seeing here, are in multiples of valuation (2x, 5x, ...), or the continued revenue stream by means of AI service fees. The reality is that the late investor group, though only representing 20% of the funds, are just likely to hold on to their XAI even tighter, as buying late and not enjoying the early bonus, only proves they are committed to the project and/or believe it will value greatly, certainly well above 20%... |
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moneyflow
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December 09, 2014, 12:40:02 PM |
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Nah just a useless ICO extent.
The main point into getting in an ICO is to have equal prices with every other investors in order to avoid the dumping at starting price.
Right now Main investors got 20% of the price, since they have it at nearly 16K sat. The others at 20K sat.
Now market price will be dumped at the very early phase in order to make this easy 20% profit. Which will cause some panic and you might see the price fall even lower then 16k sat.
20% is a ridiculous amount thats all.
Early investors currently add up to about 80% of the total ICO funds. Why the hell would a bunch of investors dump 80% of the raised XAI capital for a measly 20% gain? The opportunity that most investors are seeing here, are in multiples of valuation (2x, 5x, ...), or the continued revenue stream by means of AI service fees. The reality is that the late investor group, though only representing 20% of the funds, are just likely to hold on to their XAI even tighter, as buying late and not enjoying the early bonus, only proves they are committed to the project and/or believe it will value greatly, certainly well above 20%... Late investor or not, 20% difference is BS. But what ever if any late investor is dumb enough to get into this, it's his business i guess. |
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ethought
Legendary
Offline
Activity: 1316
Merit: 1000
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December 09, 2014, 12:51:20 PM |
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The main point into getting in an ICO is to have equal prices with every other investors in order to avoid the dumping at starting price.
Not true. Many ICO / IPOs give private or early investors better rates. Now market price will be dumped at the very early phase in order to make this easy 20% profit. Which will cause some panic and you might see the price fall even lower then 16k sat.
Not everyone is in it for the quick buck - some of us actually believe in the ideas behind the coin..  Anyway your logic is not sound. Simply because an investor paid 20% less does not mean they will feel obliged to dump for a quick profit. Why would they not rather be happy they get to hold 20% more than they had originally purchased? Late investor or not, 20% difference is BS. But what ever if any late investor is dumb enough to get into this, it's his business i guess.
Resorting to petty insults to get your point across? Troll elsewhere please. |
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moneyflow
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December 09, 2014, 01:27:04 PM |
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The main point into getting in an ICO is to have equal prices with every other investors in order to avoid the dumping at starting price.
Not true. Many ICO / IPOs give private or early investors better rates. Now market price will be dumped at the very early phase in order to make this easy 20% profit. Which will cause some panic and you might see the price fall even lower then 16k sat.
Not everyone is in it for the quick buck - some of us actually believe in the ideas behind the coin.. Anyway your logic is not sound. Simply because an investor paid 20% less does not mean they will feel obliged to dump for a quick profit. Why would they not rather be happy they get to hold 20% more than they had originally purchased? Late investor or not, 20% difference is BS. But what ever if any late investor is dumb enough to get into this, it's his business i guess.
Resorting to petty insults to get your point across? Troll elsewhere please. The one's that gives early bird rates are announcing it before it happens, not by extending an ico and allowing a 20% to early investor after extending it. Where did you see an insult? Is it bad to say anyone buying knowing they have 20% less then others are dumb enough to do so? 20%!!! |
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Kartaba
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December 09, 2014, 11:15:41 PM |
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Almost time for kickoff!  |
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Alty
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December 09, 2014, 11:22:18 PM |
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Almost time for kickoff! w00t Last 24 hours for people to get their btc in to crowdfund what could be THE crypto project of 2015 + Don't say there wasn't plenty of warning! |
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Gunther
Legendary
Offline
Activity: 840
Merit: 1000
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December 10, 2014, 07:45:09 AM |
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Lets see how this turns out Cedric, are you pumped up for the launch? Must be pretty exciting! |
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klopper
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December 10, 2014, 10:07:25 AM |
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Lets see how this turns out Cedric, are you pumped up for the launch? Must be pretty exciting! I might be getting some money for X-mas, and I think many others also get money from their parents for X-mas. I want to use my X-mas money to invest in the crowdfund. Can we please extend to after X-mas holidays...?? |
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wickedsick
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December 10, 2014, 11:35:33 AM |
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Lets see how this turns out Cedric, are you pumped up for the launch? Must be pretty exciting! I might be getting some money for X-mas, and I think many others also get money from their parents for X-mas. I want to use my X-mas money to invest in the crowdfund. Can we please extend to after X-mas holidays...?? enough already...get over it u troll |
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CedricQuotient (OP)
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December 10, 2014, 09:11:20 PM |
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Lets see how this turns out Cedric, are you pumped up for the launch? Must be pretty exciting! I am, but I am insanely busy building infrastructure stuff. I finally crashed and slept a bit last night.  |
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Kartaba
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December 11, 2014, 01:07:54 AM |
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ding ding 100+ btc couple of hours left. Goodluck all |
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anticlimax
Legendary
Offline
Activity: 1050
Merit: 1000
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December 11, 2014, 02:20:31 AM |
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Looks like the third weeks extension was pretty successful.
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twitter @antiiclimax
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ethought
Legendary
Offline
Activity: 1316
Merit: 1000
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December 11, 2014, 02:59:50 AM |
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Looks like the third weeks extension was pretty successful.
Yes, funds raised have almost doubled since the extension. And its not over yet. I'm having a hard time not investing more at the last minute  |
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Kartaba
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December 11, 2014, 03:09:32 AM |
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Yes, funds raised have almost doubled since the extension. And its not over yet. I'm having a hard time not investing more at the last minute [/quote] Yea... saw it almost doubling... watched the video again etc, ah what the heck! AI is cool  ... couldnt resist, threw an extra 0,5 btc in the fund Good luck all .. again ehhehe |
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purplejaguar
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December 11, 2014, 04:21:19 AM |
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Wallet synching now..just waiting for distribution.
I dont know why some of the other early investors are hyping XAI so much...jeez guys... hype after the ICO closes not before. You hurt your own profit margin that way.
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CedricQuotient (OP)
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December 11, 2014, 05:04:49 AM |
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The crowdfund is now closed.Thank you to everyone who has participated! Coin distribution will commence shortly. After all purchased coins have been distributed, the unsold coins will be sent to a provably unspendable address. We are using the provably unspendable address from earlz: http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses. Our version is 23. The provably unspendable address is: Version: 23, Address: AFmseVrdL9f9oyCzZefL9tG6UbvhPbdYzM
Following distribution of coins I will post some additional information and instructions for crowdfunders on our forum at http://forums.dfx.io/index.php?board=4.0
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purplejaguar
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December 11, 2014, 05:05:29 AM |
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Congratulations dev on a successful ICO! Now Im hoping those new investors you mentioned last week that would make us all happy, will indeed do so  |
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magaura
Legendary
Offline
Activity: 1029
Merit: 1000
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December 11, 2014, 05:10:35 AM |
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Nice finally!  |
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magaura
Legendary
Offline
Activity: 1029
Merit: 1000
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December 11, 2014, 05:31:16 AM |
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Just recieved but without 20% .. I think, will be sent later.. Am I right? |
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ILoveBigBlackCocks
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December 11, 2014, 05:37:29 AM |
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Hey!
Don't forget about the fact that some of the investors may have made multiple investments pre and post extension, hence should be receiving 20% extra on investments made before 12/3.
I had invested 1.25 BTC before the extension so that should be 6250 XAI + 20% bonus of 1250 XAI. I just flicked another 0.125 BTC into this so that should have been 625 more XAI. Making a grand total of 8125 XAI.
I only received 6875 XAI total. So my 1.375 BTC was all paid out at the price of 0.0002 BTC without any 20% bonus.
Edit: Maybe the 20% bonus coins will be sent in a seperate transaction and I need to be more patient..........
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