Topic: [ANN] [ADZ] Adzcoin||ADZbuzz - page 77. (Read 156193 times)

Hi Jens,

As per update, the coins will be locked for one year. Does that mean it will take 1 year for the buzzpower to mature??

It's indeed great and it's good to see some people are willing to sell their bag now for pennies, this will ensure all people really supporting the project will be very happy in the future. 

Yes that's right all ADZ of now will be locked into Buzz Power and there is no difference of buying for 2 cents or $5 later as the Buzz Powers will be giving as reward in dollar amount.

The main difference is that you can now get tons of ADZ with your Buzz Power as to when we launch a lot less.

Because we are still in beta and were testing some things today, from tomorrow all will be as normal again.

Just sell them on Yobit, Livecoin or C-Cex...

Many people will be happy to buy them that's for sure

Let me know how much you got.

I think the upgrade is great.

And we are moving in the right direction.

Minor notice. Folks, there's no Adzpower. We have Buzz Power here. Thanks.  

if someone will buy my bags (only 0.2BTC) then I'm out.
I wish the project well, but I struggle to have confidence in backing a project which can introduce such fundamental change of strategey on what seems like a whim.

Hi all.
Still I don't know what to think about the last update...
But anyway..
-So, those adz earned so far with our buzzpower cannot be withdrown, but only used to buy more buzzpower.
Is this correct?
-what is the difference in buying an adzpower now that adz is less than 2 penny, or buy it when its at 5 dollars?
An adzpower 1000 gives 30% in either case.
Thanks.

Still trying to get my head round these changes not doubt there will be more questions to come :-)

Why has my daily reward dropped from roughly 150 to less than 10?

Bitdragon this was posted on Adzbuzz yesterday and this should explain your problem below




Support Update Regarding Withdrawing from your Adzbuzz Web Wallet:


We are upgrading our web wallet withdrawal system. While this is in progress, you may not be able to withdraw to an external ADZ address; however, you should still be able to pay your ADZbuzzPay purchases using your web wallet just fine.


Adzbuzz Support Team

Hi jens

I would like to clarify this issue, I tried to withdraw adzcoin from my webwallet in adzbuzz to livecoin but the "successful button" doesn't show up, I already inputed the verification code from email ad. However, when I purchased adzbuzzer and withdraw to the adzbuzzpay address, TADAH!! no problem. it came through flawlessly, so I repeated again to withdraw my adzcoin to livecoin since I would like to sell some of it for financial issues, but it always failed. Can you explain this ? since I knew, we can still able to sell our adz if we want to right? 

thanks for your informative answers i have much faith

i understand better now and its time to get hold of buzz powers as i am not missing this opportunity before adz take off to dollars


also will we have new offline wallet for Adzcoin


can you make following wallets too before swap sir


such as: Windows, Mac, ubuntu, Linux, Mint, Android/iphone


thank you

Hello,

Yes that's right your assessment of the situation is correct.

To answer your questions:

1. sinced developer hold 70% of coin supply does it also means that it is subject for adz v.2? and if we will not sell our adz until the allotment time was given, does our coin will be burn?
First of all the total suply we hold is closer to 40% than 70%, that being said the coins will be used for the rewards on the crowdfuding site as we will reward Buzz Powers there. SO essentially:
-> The company will have several income streams in dollars.
-> All income streams in ADZ will be automatically distributed.
In order to pay for the Buzz powers initially we will use the 40% coins we have.

In other words, we never need to sell the pre-mine on the exchnages we'll give them as bonus for funding our project. I hope that makes sense.
later on we will use the dollars to buy ADZ and add to the distribution wallet when the coins have run out (which will take a while though).

2. The amount coins mined daily remains the same as the difficulty is adjusted to maintain this no matter what the price. Is this correct.
Yes in the new system the amount of coins mined daily depends on a fixed value, it can never be more and impossible that 50K coins get dumped on the market every day. This will be closer to 500 ADZ daily.

3. I brought several Adbuz in August and have earned  additional coins above my original investment but they have not matured yet, have i lost them
No we'll ensure you can turn the profits into Buzz powers too which will automatically be swapped to V2 ooins then and earn you daily profits too.

4. What is to stop me from cancelling my existing Adbuz and just store on an exchange and benefit from the perceived prise rise.
All coins need to be either switched to Buzz Powers or sold now on the exchanges the next 14 days as trading will stop in a couple of weeks. After trading stops only option will be to trade your coins for Buzz powers.

Hope that helps!
Jens

Hello Alden,

There are many questions that have already been answered to clear all doubts. Maybe if you can visit the post in Adzbuzz to get all the answers.

sir this news is mindblowing in good way i mean with. the goal is for price to rise not to dump at once. the dumpers will hate this who want to cash out all at once

i rather take daily profit at high adz value than dumping all at once


so for me this magnifient sir and i will begin process to quickly use my adz in wallet for buzzpowers before swap date


i have some question which also johnp and bitdragon asked


here they are sir:



1. sinced developer hold 70% of coin supply does it also means that it is subject for adz v.2? and if we will not sell our adz until the allotment time was given, does our coin will be burn?



2. The amount coins mined daily remains the same as the difficulty is adjusted to maintain this no matter what the price. Is this correct.



3. I brought several Adbuz in August and have earned  additional coins above my original investment but they have not matured yet, have i lost them



4. What is to stop me from cancelling my existing Adbuz and just store on an exchange and benefit from the perceived prise rise.



thank you once again for this magnificent project

And yeah the current pre-mine doesn't matter at all, we will simply have enough revenue streams in dollars to fund all business expenses. This is another huge angle that can't be used against us by competitors who will obviously try to discredit our business as they WILL feel it soon.

We will be 100% transparant about where the coins go that's a certainty.

Obviously best thing will be to use it for the initial Buzz Power rewards on the crowdfunding site, makes total sense as it'll boost our business to the next level instantly!

Yes that's our ambition indeed!

I don't see how anybody can disagree with this decision though, everybody will earn daily profits and keep their coins while we have the time to make them grow in value a lot by adding numerous extra revenue streams to the business.

The crowdfunding angle will be huge as you'll see when things are ready.