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hankman
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August 31, 2016, 07:29:52 PM |
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I read on the slack channel that rich investors get bonus amps. This means price is lower for the big whales and they can sell for a bonus once they get their amps.
If anyone is cloning this system let me know! Private message me. I want to use a decentralized social network BUT NOT WITH THIS GROUP OF SCAMMERS. Let me know as well! With the right people and no scams this could be the best idea. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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LiskQH
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August 31, 2016, 07:31:13 PM |
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Why do you think that price will be under 20k? Best offer during crowdsale you can take with big volume is 28695 satoshi.
But yes, I too prefer single-IPO approach. I don't think Synereo is doing wise move here. But it was not a secret, they informed about it (in general) since the beginning and so it's hard to blame them. They are trying to think big and so let's see what they can do. On the other hand they should also be aware that crypto community is not the most patient one.
where did you get the 28695 from? the site states crowdsale price is 33000 satoshi and upwards . on first day will be 33000 + a share of 1 million amps dependng on % of total invested on the day. impossible to predict what share of the 1 million amps anyone could get even with a huge volume buy. Whales who have bought secretly for $800,000 (8.000.000 AMP) two weeks ago participate in receiving bonus 1.000.000 AMP too. You receive crumbs from pie, whales have eaten all pie! Also they have bought on 18k. And you will buy on 33k. bought today at 28k and won't be taking part in crowdsale at this point (bbags already full). I didn't understand how it was possible price was so low with crowdsale price 3330. but if they are giving out cheap amps now on the hush ( at 28695 according to jimmco) that explains it. I read on the slack channel that rich investors get bonus amps. This means price is lower for the big whales and they can sell for a bonus once they get their amps. Really nobody understands problem scales? On Poloniex of all the final price 28k is traded 3.000.000 AMP. 2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now. They sold it bypassing the market! It didn't influence the price. But it is very large volume. Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k. And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price. This fraud from developers! |
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fartbags
Legendary
 Offline
Activity: 1190
Merit: 1004
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August 31, 2016, 07:33:34 PM |
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I read on the slack channel that rich investors get bonus amps. This means price is lower for the big whales and they can sell for a bonus once they get their amps.
If anyone is cloning this system let me know! Private message me. I want to use a decentralized social network BUT NOT WITH THIS GROUP OF SCAMMERS. Let me know as well! With the right people and no scams this could be the best idea. Distribute coins better to the community, create a DAO or DCO to manager funds instead of megalomaniac Founders and this idea could be massive. |
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fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
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August 31, 2016, 07:34:51 PM |
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Why do you think that price will be under 20k? Best offer during crowdsale you can take with big volume is 28695 satoshi.
But yes, I too prefer single-IPO approach. I don't think Synereo is doing wise move here. But it was not a secret, they informed about it (in general) since the beginning and so it's hard to blame them. They are trying to think big and so let's see what they can do. On the other hand they should also be aware that crypto community is not the most patient one.
where did you get the 28695 from? the site states crowdsale price is 33000 satoshi and upwards . on first day will be 33000 + a share of 1 million amps dependng on % of total invested on the day. impossible to predict what share of the 1 million amps anyone could get even with a huge volume buy. Whales who have bought secretly for $800,000 (8.000.000 AMP) two weeks ago participate in receiving bonus 1.000.000 AMP too. You receive crumbs from pie, whales have eaten all pie! Also they have bought on 18k. And you will buy on 33k. bought today at 28k and won't be taking part in crowdsale at this point (bbags already full). I didn't understand how it was possible price was so low with crowdsale price 3330. but if they are giving out cheap amps now on the hush ( at 28695 according to jimmco) that explains it. I read on the slack channel that rich investors get bonus amps. This means price is lower for the big whales and they can sell for a bonus once they get their amps. Really nobody understands problem scales? On Poloniex of all the final price 28k is traded 3.000.000 AMP. 2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now. They sold it bypassing the market! It didn't influence the price. But it is very large volume. Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k. And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price. This fraud from developers! This is fraud. All coins should have been for sale for the public. Whales and small people should have the chance to all get in at the same time. |
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LiskQH
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August 31, 2016, 07:38:27 PM |
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Here very correct things from slack:
@lior_uzan: Just a few points for you there at the management to think about and maybe come up with satisfying answers:
You capped AMP's future price (for at least a month). You destroyed the positive market momentum. You were obviously wrong, judging from the price and chat behavior, about the structure of this crowdsale and on the way pissed off a lot of traders who are very essential for the market's liquidity.
The results so far:
1. Since your post, Synereo had "lost" a staggering amount of about 1,500 BTC to "regular traders" which could and should have been directed to the synereo crowdsale instead of just swapping hands on polo.
2. You lost a lot of potential investors.
3. You killed the volume on poloniex.
4. You Screwed up a lot of speculators who bought in anticipation for your alpha at a higher price. (and were willing to pay higher than you asked for - this is just dumb)
5. The price now is lower than your initial sale price.
Please be humble and consider the fact that it's quite possible you guys fucked up. You should have declared the price and start the sale immediately. This token is traded on the free market. you can't just set the price for a month in advance.. it's just stupid.
Fire whoever gave you guys financial advices and try to think how you can fix this and gain the market's trust or risk your crowdsale being a complete disaster.
I followed your project from day one and HAD a lot of AMPS until yesterday. Now i'm just disappointed. That's just a real shame.
I know a lot of people here feel the same.
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philhellmuth
Member
Offline
Activity: 120
Merit: 10
Forging Lisk delegate philhellmuth 35% SHARE POOL
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August 31, 2016, 07:41:49 PM |
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Really nobody understands problem scales?
On Poloniex of all the final price 28k is traded 3.000.000 AMP.
2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now.
They sold it bypassing the market!
It didn't influence the price. But it is very large volume.
Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k.
And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price.
This fraud from developers!
Is this truth?? If this is the truth, this guys can literally sell remaining 1.6 bil. tokens when ever they want to. Where do you got this info from? I have around 12k AMPs but if this is the truth i want this project to die, just hate to see this much greed. |
Vote for forging Lisk delegate philhellmuth 35% SHARE POOL and start collecting weekly rewards! WildPromotion - Crypto related Youtube channel! | Lisk girl - Only Lisk Youtube channel! |
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extee
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August 31, 2016, 07:44:22 PM
Last edit: August 31, 2016, 09:07:55 PM by extee |
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edit: erroneus info
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LiskQH
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August 31, 2016, 07:46:51 PM
Last edit: August 31, 2016, 08:01:10 PM by LiskQH |
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Really nobody understands problem scales?
On Poloniex of all the final price 28k is traded 3.000.000 AMP.
2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now.
They sold it bypassing the market!
It didn't influence the price. But it is very large volume.
Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k.
And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price.
This fraud from developers!
Is this truth?? If this is the truth, this guys can literally sell remaining 1.6 bil. tokens when ever they want to. Where do you got this info from? I have around 12k AMPs but if this is the truth i want this project to die, just hate to see this much greed.  They already removed the reference after about it learned society https://bnktothefuture.com/pitches/synereo.
I pay attention that it was made in 2 weeks prior to the official announcement of the forthcoming crowdfunding and its conditions.
They call this presale. Actually it is the most this manipulative collusion! They provided inside to whales what they would purchase at the best prices!. |
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jimmco
Newbie
Offline
Activity: 40
Merit: 0
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August 31, 2016, 07:50:15 PM |
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Why do you think that price will be under 20k? Best offer during crowdsale you can take with big volume is 28695 satoshi.
But yes, I too prefer single-IPO approach. I don't think Synereo is doing wise move here. But it was not a secret, they informed about it (in general) since the beginning and so it's hard to blame them. They are trying to think big and so let's see what they can do. On the other hand they should also be aware that crypto community is not the most patient one.
where did you get the 28695 from? the site states crowdsale price is 33000 satoshi and upwards . on first day will be 33000 + a share of 1 million amps dependng on % of total invested on the day. impossible to predict what share of the 1 million amps anyone could get even with a huge volume buy. You get 15% bonus when you buy for more than 200BTC, that makes the price I mentioned. |
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Joint Force
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August 31, 2016, 07:53:45 PM |
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If people understood my "coin distribution string" modelling tool then everything would be clear and easily understood. https://twitter.com/FAILCommunity/status/771011205909647360Using my coin distribution string... that only I understand  LOL @Synereo is a 1CO?COPX?COP2CO The ?COP is the problem. You read this string - 1st coin offering public - unknown private sales - Exchange listing - unknown private sales - 2nd coin offering public That's not exactly how this coin is distributed but close. I think there may have been other coins in the mix for bounties prior to the 1CO and after it. People keep inventing new ways to distribute coins which messes up my model. A more transparent distribution model that people would be more happy with would be 1COX2CO, without the private sales. |
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jimmco
Newbie
Offline
Activity: 40
Merit: 0
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August 31, 2016, 07:56:11 PM |
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Some people bought this coin for 80k when it launched on poloniex. I would think they have to sell coins for at least that price or higher to be fair to people who bought on the exchange.
No one bought for 80k when all time high was just something around 40k. Stop trying to give facts when you just got into crypto last week. All time high was 82k satoshi when it launched on poloniex. All time low was 180 satoshi on bittrex. Show me that peak somewhere if you can https://poloniex.com/exchange#btc_ampYou're right, there were such orders at the beginning at polo, apology. |
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extee
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August 31, 2016, 07:56:53 PM |
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Why do you think that price will be under 20k? Best offer during crowdsale you can take with big volume is 28695 satoshi.
But yes, I too prefer single-IPO approach. I don't think Synereo is doing wise move here. But it was not a secret, they informed about it (in general) since the beginning and so it's hard to blame them. They are trying to think big and so let's see what they can do. On the other hand they should also be aware that crypto community is not the most patient one.
where did you get the 28695 from? the site states crowdsale price is 33000 satoshi and upwards . on first day will be 33000 + a share of 1 million amps dependng on % of total invested on the day. impossible to predict what share of the 1 million amps anyone could get even with a huge volume buy. You get 15% bonus when you buy for more than 200BTC, that makes the price I mentioned. ok all in order then. nothing shady. |
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fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
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August 31, 2016, 08:00:04 PM |
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Some people bought this coin for 80k when it launched on poloniex. I would think they have to sell coins for at least that price or higher to be fair to people who bought on the exchange.
No one bought for 80k when all time high was just something around 40k. Stop trying to give facts when you just got into crypto last week. All time high was 82k satoshi when it launched on poloniex. All time low was 180 satoshi on bittrex. Show me that peak somewhere if you can https://poloniex.com/exchange#btc_ampYou're right, there were such an orders at the beginning at polo, apology. Newb tip: poloniex and bittrex charts are wrong. Try using coinigy.com and see what it says there. It is definitely worth the money to use coinigy if you want to be a pro trader. |
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hankman
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August 31, 2016, 08:03:55 PM |
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If people understood my "coin distribution string" modelling tool then everything would be clear and easily understood. https://twitter.com/FAILCommunity/status/771011205909647360Using my coin distribution string... that only I understand LOL @Synereo is a 1CO?COPX?COP2CO The ?COP is the problem. You read this string - 1st coin offering public - unknown private sales - Exchange listing - unknown private sales - 2nd coin offering public That's not exactly how this coin is distributed but close. I think there may have been other coins in the mix for bounties prior to the 1CO and after it. People keep inventing new ways to distribute coins which messes up my model. A more transparent distribution model that people would be more happy with would be 1COX2CO, without the private sales. Is Synereo's success in part because of the private sales though? I'm sure the large private investors are willing to spend even more money to promote synereo once they own a large share. They might be why everyone is talking about synereo today. |
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jimmco
Newbie
Offline
Activity: 40
Merit: 0
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August 31, 2016, 08:10:33 PM |
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the ones who bought at 18k 2 weeks ago ...2 weeks ago the price was 18k . so that was good timing by the investors.
the disgraceful thing is now they sold privately at 28k (accoding to jimmco) when price was 32k ...and this caused the further drop in price on exchanges we seen today .
You're mistaken here, I didn't say they sold anything privately (about that I have no information). I said 28k is the best price you can have during 2nd PUBLIC crowdsale (in about 10 days) - this is public information. |
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Joint Force
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August 31, 2016, 08:12:48 PM |
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If people understood my "coin distribution string" modelling tool then everything would be clear and easily understood. https://twitter.com/FAILCommunity/status/771011205909647360Using my coin distribution string... that only I understand LOL @Synereo is a 1CO?COPX?COP2CO The ?COP is the problem. You read this string - 1st coin offering public - unknown private sales - Exchange listing - unknown private sales - 2nd coin offering public That's not exactly how this coin is distributed but close. I think there may have been other coins in the mix for bounties prior to the 1CO and after it. People keep inventing new ways to distribute coins which messes up my model. A more transparent distribution model that people would be more happy with would be 1COX2CO, without the private sales. Is Synereo's success in part because of the private sales though? I'm sure the large private investors are willing to spend even more money to promote synereo once they own a large share. They might be why everyone is talking about synereo today. That's an interesting point. My AppCoin will be having a 1CO soon and the plan will be to have a future 2CO. I've no plans to have private sales. I want everything to be fair and open to the public. This means big investors and small investors get in at the same price. If I fail it might mean that success is partly dependent on giving big investors special treatment. |
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jimmco
Newbie
Offline
Activity: 40
Merit: 0
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August 31, 2016, 08:21:20 PM
Last edit: August 31, 2016, 08:40:17 PM by jimmco |
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Newb tip: poloniex and bittrex charts are wrong. Try using coinigy.com and see what it says there. It is definitely worth the money to use coinigy if you want to be a pro trader.
Thanks for the tip. I already registered at coinigy several days ago but still not using it. But I'm not a serious trader, I just a buy and hold. Just 2nd crowdsales like these don't help me much  . |
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extee
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August 31, 2016, 08:22:25 PM |
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the ones who bought at 18k 2 weeks ago ...2 weeks ago the price was 18k . so that was good timing by the investors.
the disgraceful thing is now they sold privately at 28k (accoding to jimmco) when price was 32k ...and this caused the further drop in price on exchanges we seen today .
You're mistaken here, I didn't say they sold anything privately (about that I have no information). I said 28k is the best price you can have during 2nd PUBLIC crowdsale (in about 10 days) - this is public information. I got you , saw your previous post. I guess the market simply priced in the 15% discount megawahles would get by investing 200TC + in the coming crowdsale. all overboard and legit. though the megawhale discount is not proving to be a good idea |
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jimmco
Newbie
Offline
Activity: 40
Merit: 0
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August 31, 2016, 08:28:08 PM
Last edit: August 31, 2016, 09:09:18 PM by jimmco |
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the ones who bought at 18k 2 weeks ago ...2 weeks ago the price was 18k . so that was good timing by the investors.
the disgraceful thing is now they sold privately at 28k (accoding to jimmco) when price was 32k ...and this caused the further drop in price on exchanges we seen today .
You're mistaken here, I didn't say they sold anything privately (about that I have no information). I said 28k is the best price you can have during 2nd PUBLIC crowdsale (in about 10 days) - this is public information. I got you , saw your previous post. I guess the market simply priced in the 15% discount megawahles would get by investing 200TC + in the coming crowdsale. all overboard and legit. Yeah, market just resets to (or slightly below) the best possible price available in coming crowdsale and I guess it will stay there until the crowdsale with this price is over. That will take about 14 days. |
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Ethertrader1
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August 31, 2016, 09:03:40 PM
Last edit: August 31, 2016, 09:18:57 PM by Ethertrader1 |
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The FUD is strong here. I have been impressed what the team has done up to this point with USD123.000 from the original ICO. I would say the original investors are pretty happy. Now if this project is to succeed they need funding. Perhaps this announcement could have waited for the market to cool down, but I assume there was a reason behind it.
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