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Topic: [ANN] Ethbits Crowdsale (ICO) MORE THAN 13644 ETH RAISED ! - page 90. (Read 92954 times)

sr. member
Activity: 244
Merit: 250
Hey guys, since the Thunderclap contest didn’t get enough participates, do you plan on have more contests? let's get Ethbits out there in the crypto-space
sr. member
Activity: 390
Merit: 250
Jenifive.

Ask questions with out quotes with out FUD and I personally will answer them I guarantee you. But stop spamming our thread with the same thing. I understand concerns from any investor into a new project but ask properly. If you genuinely have questions list them below. tomorrow I will answer to the best of my ability.

Thanks.


First you need to stop deleting any messages from this thread that are relevant to the project even if you dont like them.


Questions are in quotes because i see that you are refusing to answer to them and simply deleting messages.
The first three times my questions were without any quotes and accusations. But as i see you dont want to talk and banning me from Telegram, your subreddit, deleting messages from here. So what conversation are you talking about?

What so FUD about my messages? Can you alaborate on that? That i think you shouldn't trust people that cant answer to simple questions and instead of that deleting all?

Now after 30 times of deleting my messages from here, from Telegram and reddit you want to talk? Why not start doing it before it?

Spamming is posting the same message all over again where the same message is ALREADY located and not being deleted without any reason.

If you understand the concernes from inverstors why not just answer to the questions instead of doing something else?

The questions are:

1. We already have another well made exchanges goes through the fire, getting hacked (Polo) and getting stronger every time. And this would mean that if people will be trading on EthBits they will be risking money to lose. Because exchange will be fresh, without any fixes. And every new exchange is more exposed to hacks because developers dont have enough experience developering their own exchange. So there are will be exchange mistakes on which traders will be paying by losing money. What are the guarantees that EtherBits cold storage wont get hacked with traders money? How can you give any promises on that? Why doing another centralized exchange in the first place?

2. Why you need blockchain network to make a centralized exchange? Other than giving a very small percentage of dividents to token holders what is the another reason? I dont see one.

3. Why not starting exchange without crowdsale? Liqui.io is great example on that. They weren't started any crowdsale to get money from people. They did it by themselves.

The way i see EthBits is using excuse (Ethereum network) to get money for developing centralized exchange on which most of the profits will go only to you. I dont see the reason why else would you need this.

I wouldn't say a thing is this was a decentralized exchange project like bitsquare or openledger or https://etherdelta.github.io but its not. Its from another world.
sr. member
Activity: 390
Merit: 250
Guys!

EthBits deleting messages from this forum post in a hard way!
They already deleted mine several times and acting like nothing is happend.



jenifive, you can fud around right after it gets listed on the exchange. there would be no use of that comments as for now. nothing has yet stolen.  Grin
meanwhile its verified they were on coinfest Smiley



saw the photos on https://goo.gl/photos/yeiv7b2JYt2GMm4x9 shared by a user here in the forum.
I would only be glad if EthBits is become legit project but their behaviour to people questions and concernes and bans and message deleting give me reason to avoid investing in such project at all costs. Which I want to warn everyone about that.

jesus christ. you can't wait til the ico is over. what would you guys like to do stop the ico? it already had started. if its going to stop, it will take time before the refunds be processed. my suggestion is to create your own unmoderated thread on ethbits, ain't that hard to do?
I aint got a problem about ico. I got problem that someone deleting my messages without explanations and answers to it.





Im very worry right now about the money that people already invested. Could be hard flop with such devs attitude.




The same happend with another guys





As i predicted i was banned from their subreddit

http://imgur.com/VqoH5Pc

for posting this
http://imgur.com/a/HWcjv
full member
Activity: 159
Merit: 100
Jenifive.

Ask questions with out quotes with out FUD and I personally will answer them I guarantee you. But stop spamming our thread with the same thing. I understand concerns from any investor into a new project but ask properly. If you genuinely have questions list them below. tomorrow I will answer to the best of my ability.

Thanks.
full member
Activity: 159
Merit: 100
Why dividends instead of buyback & burn?

Most exchanges will not distribute dividends to people who hold tokens there.  

Buyback & burn may also look less like a security to a regulator because it involves some "work" for the token holders to realize their share of the profit.

Only benefit to dividends I can see is a positive marketing effect of "ETH dividends!", but is this marketing effect enough to offset the two aforementioned drawbacks?
Edgeless is dividend paying and one of the people helping us got them on bittrex today. Our dividends could be something amazing. We will be publishing our potential growth in the coming weeks. I like token burn like ICN did but I prefer people get returns that they can see and sell instantly.
full member
Activity: 159
Merit: 100
Yep just got deleted again.

I am not saying that is a scam, I am saying the way they operate is rude and amateurish. There was said that the bounty campaign will pay 3% of all tokens sold to the signature campaign participants. This still has not been adjusted in the OP of the bounty thread. If this is the plan, why not adjust this in the bounty thread? If it doesn't get adjusted, it almost seems that they don't want to do that and stick to the fixed amount per post with a maximum number of posts per week.

Just simple questions that can be answered really quickly, but instead get deleted...
Please understand, they will pay 3% of the sold coins in the crowdsale for the signature campaign, its just that, I think the permanent earnings or fix earnings their per rank is number of shares, if you get me. Then the payment for the signature campaign participants will be based on the number of shares they have.
Dev please update  OP of the bounty thread.
To confirm that you will pay  3% of the sold coins in the crowdsale for the signature campaign.
This will stop the different types of fud


Hi Please keep this to the Sig Campaign thread. If it doesn't get answered by tomorrow I will 100% break it down for you all.
legendary
Activity: 3178
Merit: 1054
jesus christ. you can't wait til the ico is over. what would you guys like to do stop the ico? it already had started. if its going to stop, it will take time before the refunds be processed. my suggestion is to create your own unmoderated thread on ethbits, ain't that hard to do?
hero member
Activity: 1246
Merit: 534
Yep just got deleted again.

I am not saying that is a scam, I am saying the way they operate is rude and amateurish. There was said that the bounty campaign will pay 3% of all tokens sold to the signature campaign participants. This still has not been adjusted in the OP of the bounty thread. If this is the plan, why not adjust this in the bounty thread? If it doesn't get adjusted, it almost seems that they don't want to do that and stick to the fixed amount per post with a maximum number of posts per week.

Just simple questions that can be answered really quickly, but instead get deleted...
Please understand, they will pay 3% of the sold coins in the crowdsale for the signature campaign, its just that, I think the permanent earnings or fix earnings their per rank is number of shares, if you get me. Then the payment for the signature campaign participants will be based on the number of shares they have.
hero member
Activity: 1246
Merit: 534

jenifive, you can fud around right after it gets listed on the exchange. there would be no use of that comments as for now. nothing has yet stolen.  Grin
meanwhile its verified they were on coinfest Smiley



saw the photos on https://goo.gl/photos/yeiv7b2JYt2GMm4x9 shared by a user here in the forum.
yeah he is just fudding, That's why ethbits made a thread like this because of them, But anyways, the good news is we reached the min. cap already,
Way to go for the max. cap! Lets do it guys, Tongue
sr. member
Activity: 364
Merit: 250
move that crypto
Why dividends instead of buyback & burn?

Most exchanges will not distribute dividends to people who hold tokens there.  

Buyback & burn may also look less like a security to a regulator because it involves some "work" for the token holders to realize their share of the profit.

Only benefit to dividends I can see is a positive marketing effect of "ETH dividends!", but is this marketing effect enough to offset the two aforementioned drawbacks?
full member
Activity: 159
Merit: 100
man. to be honest.

the only thing scared me is your cooperation with mycelium

Kuzmin screwed many investors so far. at least so far, i don't what comes later.

such as Mass, Mycelium token, and other small bullshits.

i am not troll here. this is truth.

but i still have interest in ethbits!

Hi.  yes, we are planning to use one of their product;  the Mycelium card.

according to our white paper:

Quote
Credit Card Integration - A major feature of ETHBITS Local is direct integration with the
new Mycelium card, which enables our users to spend their cryptocurrency easily and
safely. The Mycelium card is a blockchain-based card and mobile wallet for payment
management. Additional information on the Mycelium card can be found at:
https://card.mycelium.com/.
legendary
Activity: 1330
Merit: 1000
man. to be honest.

the only thing scared me is your cooperation with mycelium

Kuzmin screwed many investors so far. at least so far, i don't what comes later.

such as Mass, Mycelium token, and other small bullshits.

i am not troll here. this is truth.

but i still have interest in ethbits!
legendary
Activity: 3178
Merit: 1054

jenifive, you can fud around right after it gets listed on the exchange. there would be no use of that comments as for now. nothing has yet stolen.  Grin
meanwhile its verified they were on coinfest Smiley



saw the photos on https://goo.gl/photos/yeiv7b2JYt2GMm4x9 shared by a user here in the forum.
sr. member
Activity: 854
Merit: 256
Now we have successfully achieved the minimum target so they way is clear and sure which should be very attractive for new investors. They were some people thinking and waiting to see this surety. We will see it reaching to maximum supply which will be still 4 million and very reasonable to make it very valuable.
full member
Activity: 159
Merit: 100
I found this earlier on,

is this structure still valid or....?

"Amount raised VS Profit Share
If less than 1 million usd if raised then the proportion raised will determine the % profit share. So the amount raised from 0 – 1 Mill usd will determine the % profit share from 0 – 40%. Everything over 1 Mill means the standard 40%."

So currently they have raised 370k USD, so need to raise 630k more to hit the 1 million minimum for 40% bonus, which would be around 20k ETH. So for 80%, need to raise another 20k eth.


There is a base rate. This is between 7.5%- 40% based on how many ETH we raise. After the launch of Ethbits iTrade we will share 80% the 1st year and 60% the second year which then returns to the base rate (between 7.5-40%)

We have now reached our minimum funding goal so the project is 100% going ahead thank you for all the support! There is a few more days left to get tokens while the price is cheapest.

I had to delete a few threads because they were nonsense. Our development team have already made and exchange with ZERO security issues. They are also equity holders in the business.

Exciting times ahead and thank you for all the support so far!
legendary
Activity: 1554
Merit: 1001
Less than 150 ETH required to reach the minimum fund cap so I hope today it will get succeed to achieve this target. Nice bonus amount for 1st week still chance to get more for 1 ETH at the moment.
hero member
Activity: 658
Merit: 500
I found this earlier on,

is this structure still valid or....?

"Amount raised VS Profit Share
If less than 1 million usd if raised then the proportion raised will determine the % profit share. So the amount raised from 0 – 1 Mill usd will determine the % profit share from 0 – 40%. Everything over 1 Mill means the standard 40%."

So currently they have raised 370k USD, so need to raise 630k more to hit the 1 million minimum for 40% bonus, which would be around 20k ETH. So for 80%, need to raise another 20k eth.
About the profit sharing, please read the previous pages of the thread please, It has been explained already, for short, as I understand, Profit share is still the same no matter how much will be sold in the crowdsale since all unsold coins will be burned.

Good going ethbits project!!! Less than 150 eths more and minimum cap funding is reached already! Can't wait for May 13 to start Trading in this platform!
Yes but it also looks like its the old profit share structure he is quoting.

But the way they explain the profit share, does get a bit confusing, especially when there is also outdated info sevaral places.
hero member
Activity: 798
Merit: 500
It seems that traders are ready with various analyzes to open trade transactions
hero member
Activity: 1246
Merit: 534
I found this earlier on,

is this structure still valid or....?

"Amount raised VS Profit Share
If less than 1 million usd if raised then the proportion raised will determine the % profit share. So the amount raised from 0 – 1 Mill usd will determine the % profit share from 0 – 40%. Everything over 1 Mill means the standard 40%."

So currently they have raised 370k USD, so need to raise 630k more to hit the 1 million minimum for 40% bonus, which would be around 20k ETH. So for 80%, need to raise another 20k eth.
About the profit sharing, please read the previous pages of the thread please, It has been explained already, for short, as I understand, Profit share is still the same no matter how much will be sold in the crowdsale since all unsold coins will be burned.

Good going ethbits project!!! Less than 150 eths more and minimum cap funding is reached already! Can't wait for May 13 to start Trading in this platform!
member
Activity: 106
Merit: 10
I found this earlier on,

is this structure still valid or....?

"Amount raised VS Profit Share
If less than 1 million usd if raised then the proportion raised will determine the % profit share. So the amount raised from 0 – 1 Mill usd will determine the % profit share from 0 – 40%. Everything over 1 Mill means the standard 40%."

So currently they have raised 370k USD, so need to raise 630k more to hit the 1 million minimum for 40% bonus, which would be around 20k ETH. So for 80%, need to raise another 20k eth.
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