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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 844652 times)
imbladednow
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December 05, 2016, 11:38:01 PM
 #3701

We did in fact return to many of the Project 11 applicants; some we helped apply to the next NFX class.

Now that Greg has decided not to continue developing what we relied on as a tech stack and as we don't have something stable and complete enough to offer, it'll be a while until we can do something meaningful with the teams who have submitted their proposals. Sad, but that's where we are.



Errr WuT?

Are you saying what I think you're saying?

Come on bro.

Sue that fucking Greg muppet into the ground please.

I agree, Suing him is a good option but causing anyone physical harm is too much.

I need crypto in my life and garbage out of it.
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Fidel007
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December 06, 2016, 12:55:20 AM
 #3702

Am sorry but I find it hard to believe that all this shit is happening after you guys asked for all that money.

It's looking like a really dishonest and blatant money grab.

Fucking Hookers and Blow is what all these big projects are all about it seems.
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December 06, 2016, 12:58:57 AM
 #3703

People shouldn't get emotionally involved while making an investment or trading in general.
psomas2
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December 06, 2016, 01:18:25 AM
 #3704

People shouldn't get emotionally involved while making an investment or trading in general.

You can say that again and think about putting it in your signature too because its obviously words from the wise.

Rule #1 Never get emotional when trading.
amywiner
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December 06, 2016, 01:42:37 AM
 #3705

Update orderbook:

Sell order keep continue to grow, now at 7.4 million.
Buy orders keep continue to go down, now at 1.5 million.

Do the math.....

This will go down to 0.00001.

Please people do some research, this project is a scam and founders are fighting big time at the moment. They want to kick eachother out of the company...... lol!
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December 06, 2016, 01:44:53 AM
 #3706

Dor is the one you guys should be pointing fingers at not greg, if greg is voted off amp is gone, pray for the future of amp that greg does not dissapear.
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December 06, 2016, 02:50:45 AM
 #3707

Update orderbook:

Sell order keep continue to grow, now at 7.4 million.
Buy orders keep continue to go down, now at 1.5 million.

Do the math.....

When sell orders are high and buy orders are low is precisely when you want to buy... There is no "math" here. If Synereo releases positive news of them moving forward in good faith, AMPs will EASILY double in a very short time-span.

Please people do some research, this project is a scam and founders are fighting big time at the moment. They want to kick eachother out of the company...... lol!

It would seem you need to do some research. Claiming the project is a scam is ridiculous. We have over a year of community hangouts on record, every single week like clockwork. In fact, a "scam" as you put it would be far less profitable and outright retarded - I've heard others say the same, but it merely shows how stupid and short sighted you are. Dor and Greg hold a significant amount of AMPs. They benefit from the price going up, not down. Trying to instead try to steal what you can of $4 million and then spend it all (and even MORE, believe me) on legal battles afterwards is absurd. Please don't insult anyone's intelligence through your own stupidity and lack of understanding.
imbladednow
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December 06, 2016, 03:17:48 AM
 #3708

Im buying. The more amp I can get. You think amps success rests on Greg shoulders? I dont think so, greg and coders in general are a dime a dozen and even Greg knows it.

That's why he's pulling a hissy fit.

I need crypto in my life and garbage out of it.
Bemerand
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December 06, 2016, 03:31:16 AM
 #3709

wtf, why is the price so low, I have not checked in a few weeks but I bought it around 27.
This is terrible. What happened?

88.36255237114% of all ICO's are SCAMS
ClamCoin
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December 06, 2016, 03:33:19 AM
 #3710

wtf, why is the price so low, I have not checked in a few weeks but I bought it around 27.
This is terrible. What happened?

Oh gosh lots of crazy shit is happening. The devs are fighting amongst themselves. 1 of them is quitting (gregory) and i think amps are left without a dev to stear the project.
you really bought it close to the top. I feel very sorry for your losses.
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December 06, 2016, 03:37:20 AM
 #3711

wtf, why is the price so low, I have not checked in a few weeks but I bought it around 27.
This is terrible. What happened?

Oh gosh lots of crazy shit is happening. The devs are fighting amongst themselves. 1 of them is quitting (gregory) and i think amps are left without a dev to stear the project.
you really bought it close to the top. I feel very sorry for your losses.

Is there an official statement from the dev team regarding this you can point me to please.

88.36255237114% of all ICO's are SCAMS
imbladednow
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December 06, 2016, 03:40:27 AM
 #3712

wtf, why is the price so low, I have not checked in a few weeks but I bought it around 27.
This is terrible. What happened?

OUCH


Id ask for a refund and if they dont give it to you id try and sue whoever you can.

Did you buy a lot?

I need crypto in my life and garbage out of it.
bitmaster1x
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CRYPTO-CITY.COM 🌟 You're the future!


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December 06, 2016, 03:42:59 AM
 #3713

All drama and nothing to show. Just churn it as I've always say.

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December 06, 2016, 03:45:33 AM
 #3714

All drama and nothing to show. Just churn it as I've always say.

Show your btc in the buy book and buy some cheap amp is what I always say.
JoeyDaMan7
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December 06, 2016, 04:46:16 AM
 #3715

Greg just posted a link to this in Slack:


Dear All,

i have done everything in my power to keep the community apprised of all the events to date. It has been a matter of public record that i have put forward a counter proposal to the original proposal. Dor was made aware of this fact on video in front of the community.


Prior to making the counter proposal to Dor, it was publicly reviewed alongside Dor’s original proposal, (see here and here); in particular to illustrate exactly why Dor’s proposal was rejected, and to make clear what a reasonable proposal looks like in order to make good on promises to investors. As a demonstration of good faith, i offered several negotiating points, based upon Dor’s publicly stated concerns, where i was clear i would yield while remaining consistent with existing company plans and promises to investors. Most importantly, i have always been available. The community has overwhelming evidence that i was online constantly, answering investor questions, providing context, information and data surrounding the negotiations and generally attending the process. At the suggestion of many community members, i reached out to Dor via email and Skype. Dor’s unavailability and lack of response was clear to all. This has been a part of a long string of behaviors, including deferring and delaying the reconstruction of a board to provide proper oversight for the company which has resulted in this deadlock in the first place, and constitutes non-performance in his role as CEO.


My reasons for going and remaining public are related to my obligations to the company, shareholders and investors. Dor’s conduct has continued to shore up my growing worries and concerns that Dor had been luring me into making the token sale with him, using my good name, my work, and the architecture documents that comprised the basis of the bulk of investment in the recent sale, but without any actual intent to follow through on the specific promises he made to investors, or promises he made to me regarding fixing the organizational problems with the company. It is my obligation as one of the largest holders of equity in the company and AMPs to make everyone aware of this. The evidence has been mounting that Dor conducted the sale in without any intent to follow the plan we outlined in detail for investors, fooling me and every other stakeholder and investor.


In good faith and sincerest wish for all the stakeholders and investors, i held out every hope that he would negotiate productively and provide a reasonable compromise indicating that he did have the intent to follow through. But, because of the other worries and concerns about the organizational issues he left unresolved and their connection to ongoing negotiations with investors, his recent decisions and announcements have left me little room for interpretation of his intentions all along. As a result, i must support the investors who have asked for a refund of their money. With investors made whole, i feel certain that we can create a path forward that will realize the vision that has people so excited about RChain and the attention economy.


Best wishes,


—greg


Note:  Most people have been taking Dor's side but there is a possibility a project like this can't be coded without additional workers,
and if Dor's isn't willing to pour some money into that now, then Greg may feel this kind of workload is too much to ask for from such
a small team.    

There is a problem as Anonymint has stated in staying in high level language and not discussing libraries and code limitations.  Stating
the problem is only one part of programming, but man hours and the like need to be discussed in stating the solution.






He's trying to make Dor look bad, I never liked this guy. We're not stupid Greg, we invested money into this project - we have to know who to trust. It definitely won't be you. People like you are the reason why this is a decentralized platform - you have no power over this project.
Sourgummies
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December 06, 2016, 04:53:40 AM
 #3716

I hope such is sorted soon!  Angry

I hear rumors of refund for funds to ppl who invested in 2nd ico (that'd be fair I think) - how can your "company" hold crowdsale and asking for millions in btc when you already knew of and had such internal issues?!.

but also hearing talks of mismanage funds and ppl not meeting/talking?  Also of Rchain split coin off from current AMP/synereo coin!? What???

You guys making way to confusing and difficult and looks like amateur hour!  Ppl are talking.
I hope such is sorted soon!  Angry

I hear rumors of refund for funds to ppl who invested in 2nd ico (that'd be fair I think) - how can your "company" hold crowdsale and asking for millions in btc when you already knew of and had such internal issues?!.

but also hearing talks of mismanage funds and ppl not meeting/talking?  Also of Rchain split coin off from current AMP/synereo coin!? What???

You guys making way to confusing and difficult and looks like amateur hour!  Ppl are talking.

Where did you hear or see this rumors dude. I need evidence so I can get some of my btc back aswell.
JoeyDaMan7
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December 06, 2016, 05:08:23 AM
 #3717

https://docs.google.com/document/d/1f7EBIBj9ZLlAP0JjRKasTewg0pY77467uSCznTBfLNY/edit

Quote
RChain will receive seed funding from Synereo, based on development milestones reflecting those created as part of Synereo’s previous roadmap: https://blog.synereo.com/2016/09/15/synereo-dev-timetable-2017-2018/
1. $330,000 will be provided for the first 6-month period.
2. Upon reaching the relevant milestones, $500,000 more will be provided at
the end of this period.
3. Further funding will be provided based on RChain delivering its technology and Synereo’s financial status at the one year mark.
Synereo will provide no less than $330,000 if the RChain mainnet is live.
4. AMPs will be granted without limitation as long as reasonably used to compensate people for work done towards realizing the goals of RChain or to provide bounties for its community. A base amount paralleling the USD funding amount will be provided with each milestone, i.e. $330,000 worth of AMPs, $500,000 worth of AMPs, and so on.

Now this is a reasonable proposal. If the milestones aren't reached - only $300,000 was wasted VS 2 million. Greg has no incentive to deliver once Synereo gives him the $2 million that he demands.

Quote
The RChain entity will develop the mechanisms required for the implementation of the attention economy and the functionality of AMP as a native currency on the RChain Blockchain. AMP will serve as the only native currency on the RChain live mainnet for the first 6 months.

Honestly, I think AMP should serve as the only currency on RChain, period. Why only for the first 6 months?
DecentralizeEconomics
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December 06, 2016, 07:34:25 AM
 #3718

I just watched the statement that Andy gave to Greg on behalf of AMP holders and Synereo LTD equity investors.  Bravo Synereo Team!... Bravo!!!

Only watch the video up until 15:51, because after that, it's the Greg bitch fit hour.
youtube.com/watch?v=XVUWlflquaE

Being an AMP holder myself, I have to say that the statement Andy gave aligns with my personal wishes and desires.  After the shareholder meeting next Monday, Greg will be gone.  Nobody likes Greg especially the large shareholders.  I don't like Greg, and I never did.  Andy doesn't like Greg.  Dor doesn't like Greg.  Other large holders who I talk to don't like Greg.  Nobody trusts Greg anymore.  Greg and his buddies are not getting a single dime out of any of us.  Greg is history.  It's over.

I also want to state right here that nobody is getting a refund.  You invested in Synereo LTD and NOT Greg.  Synereo LTD was NOT aware that Greg would unilaterally decide to jump ship after the financing round.  What I find comical is this:

Greg just posted a link to this in Slack:

Dear All,

...
 As a result, i must support the investors who have asked for a refund of their money. With investors made whole, i feel certain that we can create a path forward that will realize the vision that has people so excited about RChain and the attention economy.


Best wishes,


—greg

Now, besides Greg's letter containing a bunch of bullshit, he is admitting culpability.  For those of you who don't have experience in legal matters, let me fill you in.  Greg knows that AMP purchaser's and Synereo LTD equity investor's legal claims would be directed at him for his malfeasance as a "chief officer" and NOT at Synereo LTD.  If investors proceed with legal action against anyone, it will be Greg that bears that burden as he, and he alone, is the one responsible for their losses.  Trust me... I know all about this stuff.  My family has been in the legal profession from before the 1920s with one of them being a lifetime career US judge and another being a prosecutor.  I also know and have dealt with a lot of very expensive attorneys in my time.  I don't know what type of clown legal counsel Greg has enlisted to advise him to make such statements, but this is getting hilarious.  If anyone doubts what I'm saying, go talk to a real attorney, you know, one that charges hundreds of dollars an hour and will only take your case if you give them a substantial amount of money as a retainer, and ask them.  Synereo LTD has ZERO responsibility to give anyone back their money as they, the company, did nothing wrong and can still deliver on their promises.  Greg, on the other hand, is on the verge of some very serious legal action against him from some people who are very upset and have a lot of money.

YOURCHAIN - MAKE CRYPTO YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
NotMyFarm
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December 06, 2016, 08:45:23 AM
 #3719

this is so lame
dam greed !  Angry

Dor are u still with us
that is all i have to know

sempyper
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December 06, 2016, 08:51:10 AM
 #3720

News looking interesting, watch me buy this and easily flip it for 12k sat +

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