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Topic: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites - page 162. (Read 73403 times)

member
Activity: 294
Merit: 10
this token price is so low, i'm still holding it until now. is there any plan to burn remaining tokens that isn't sold on the tokensale to raise up the price??

I refer you to this post I made a couple of pages back, since a lot of people were wondering the same. The short answer is no... but - see the print from the telegramgroup I posted:

https://bitcointalksearch.org/topic/m.25159501
legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
Hope prl will be traded at another exchange than etherdelta soon. To pick some from there is very cheap but the volume is terrible.
Can't trade normal amounts of prl than just a few penny's.
member
Activity: 133
Merit: 10
The max supply is 108m and the circulating 21m. The rest of the funds will be released through smart contract, 10m per month if I’m not wrong. The problem currently is not the supply which is low, the main cause of the price is that people are not aware of this project yet.
full member
Activity: 314
Merit: 100
this token price is so low, i'm still holding it until now. is there any plan to burn remaining tokens that isn't sold on the tokensale to raise up the price??
sr. member
Activity: 490
Merit: 250
Hi guys, just to keep you updated, news from official Oyster Pearl Telegram about Bruno Block, he is moving his houses and set up workplace so he can work consistently on development for the next 6 months, there will be updates about development soon after his moving houses is complete. Sounds like a very good news for us. Build your patience guys and you will get rewarded. Thank you Bruno for keep us updated.
member
Activity: 133
Merit: 10
The fact is that the communication through telegram is quite fluent and dev doesn´t hesistate about giving details about the progress, no matter whether is good or not. Interesting conversation yesterday about future exchanges Grin
legendary
Activity: 2632
Merit: 1239
Guys
If I sum up the situation

Project potential and idea is great, team is qualified, although "Bruno Block" is anonymous and could even not have this name.
Price ridiculously cheap now (sorry for ICO investors)
ETH raised approx. 250. It's very low, that lets small room for marketing, exchange fees, development...

Team did a BASIC error too, they released bounty tokens while the ICO was ongoing, this is not a good signal on how they manage projects. They lost lots of potential investing money doing this.

Marketing/communication is lacking too. Perhaps they're lacking of human resources.

And there is a big whale that could contribute the price to slip https://etherscan.io/address/0x00a477aa0492551fd1392db2fb6603dafbd0f7af#tokentxns

Conclusion: very risky project and some bad signals, but kinda one I'm chasing cause the rewards can be very high if what is promised come true.

What do you guys think?

Your post should take into account the substance of what the protocol does and how it works.

It was not a basic error, the original end date for the ICO was Nov 14 but it was extended to try to capture an investor pooling deal we’ve been working on for a month. It was still worth a try with minimal consequence since not much money was coming through anyways, no potential investing money was lost but instead we made every effort to capture a specific large investment pool.

I don’t think anyone could say communication has been lacking, instead people criticize me that I spend too much time answering people’s questions.

Yeah, you can't indulge everyone. Some will always say that communication is lacking, while others will say that you better do programming and leave communication to others. I personally think that you better do your programming because people that says that communication is lacking will stop saying that when project gets released (even alpha or beta version of it).
member
Activity: 89
Merit: 10
Guys
If I sum up the situation

Project potential and idea is great, team is qualified, although "Bruno Block" is anonymous and could even not have this name.
Price ridiculously cheap now (sorry for ICO investors)
ETH raised approx. 250. It's very low, that lets small room for marketing, exchange fees, development...

Team did a BASIC error too, they released bounty tokens while the ICO was ongoing, this is not a good signal on how they manage projects. They lost lots of potential investing money doing this.

Marketing/communication is lacking too. Perhaps they're lacking of human resources.

And there is a big whale that could contribute the price to slip https://etherscan.io/address/0x00a477aa0492551fd1392db2fb6603dafbd0f7af#tokentxns

Conclusion: very risky project and some bad signals, but kinda one I'm chasing cause the rewards can be very high if what is promised come true.

What do you guys think?

Your post should take into account the substance of what the protocol does and how it works.

It was not a basic error, the original end date for the ICO was Nov 14 but it was extended to try to capture an investor pooling deal we’ve been working on for a month. It was still worth a try with minimal consequence since not much money was coming through anyways, no potential investing money was lost but instead we made every effort to capture a specific large investment pool.

I don’t think anyone could say communication has been lacking, instead people criticize me that I spend too much time answering people’s questions.
newbie
Activity: 64
Merit: 0
Some day developers will realize how utterly important management, marketing, public image, and interaction with potential customers and shareholder is.

No.
member
Activity: 133
Merit: 10
Guys
If I sum up the situation

Project potential and idea is great, team is qualified, although "Bruno Block" is anonymous and could even not have this name.
Price ridiculously cheap now (sorry for ICO investors)
ETH raised approx. 250. It's very low, that lets small room for marketing, exchange fees, development...

Team did a BASIC error too, they released bounty tokens while the ICO was ongoing, this is not a good signal on how they manage projects. They lost lots of potential investing money doing this.

Marketing/communication is lacking too. Perhaps they're lacking of human resources.

And there is a big whale that could contribute the price to slip https://etherscan.io/address/0x00a477aa0492551fd1392db2fb6603dafbd0f7af#tokentxns

Conclusion: very risky project and some bad signals, but kinda one I'm chasing cause the rewards can be very high if what is promised come true.

What do you guys think?

I mostly agree, in any case I think that the price can not be much lower so at the current price I consider it an opportunity rather than a risky investment. I think that we must wait until Q1 of 2018 to see the real potential of the project. 250 ethereum is not too much, but regarding that there are 3 developers it could be enough to deliver somethng soon to increase the awareness on this project and the funds.
full member
Activity: 378
Merit: 103
Revolutionising Marketing and Loyalty
Guys
If I sum up the situation

Project potential and idea is great, team is qualified, although "Bruno Block" is anonymous and could even not have this name.
Price ridiculously cheap now (sorry for ICO investors)
ETH raised approx. 250. It's very low, that lets small room for marketing, exchange fees, development...

Team did a BASIC error too, they released bounty tokens while the ICO was ongoing, this is not a good signal on how they manage projects. They lost lots of potential investing money doing this.

Marketing/communication is lacking too. Perhaps they're lacking of human resources.

And there is a big whale that could contribute the price to slip https://etherscan.io/address/0x00a477aa0492551fd1392db2fb6603dafbd0f7af#tokentxns

Conclusion: very risky project and some bad signals, but kinda one I'm chasing cause the rewards can be very high if what is promised come true.

What do you guys think?
sr. member
Activity: 490
Merit: 250

So what really matters are the dev's intentions.  Lots of promises but not a lot of solid development proof aside from some half coded modules which may or may not work and an old centralized system which I can't make sense of because it was not only written in php but has extremely cryptic variable names.  You might as well run an obfuscator on that code base.  At least the dev understand programming enough to get as far as he did.  


Indeed the Git is literally empty and the coding is an tiny element of a complete project and in bad shape in regards to documentation



I think that says enough.

The project has more code than a lot of overhyped ICO's that literally have gathered millions but had nice PR & flashy videos.

It is one of the reasons I put time and energy into this coin.

I can see how some of the code works, or will work once finished.  Writing code is easy though.  Writing code that works is a bit harder.

But for now it shows the dev at least understands programming enough to put together what he has.  I have hope for now.  I will give it a month or two after the marketing and ICO phase and see if development continues.



CryptoGorilla like I said before there are some really nice projects that fly under the radar, and some that have super nice videos and professional web design with good white paper like BlackMoon Crypto [BMC] I remember a long time ago (2014) NAV was one of this small projects that no one was interested and today is in Top 100, and proved that hard work and patience can pay off - 200$ invested in January  2017 could return you today 5500$. Today under the radar is Oyster Peral PRL , and soon Truckcoin TRKC will join that group.
If the team is strong and taking seriously their job it will pay off. I am surprised BlackMoon Crypto had a professional approach and now is very quiet, minimal information on Bitcointalk - they simply disappear after ICO from the forum.
I think sometimes projects without flashy videos and big PR, can do much more than flashy like BMC, that why I invested in Oyster Pearl and I am waiting for Truckcoin ICO that starts in 2 days.  
hero member
Activity: 588
Merit: 500


I am kind of boycotting coin Telegram groups...

You need a phone to use Telegram which puts a barrier for a number of people.   If a developer team uses Telegram they REALLY should offer an alternative outlet for interaction and updates.  If a team isolates themselves to the walled garden's of Telegram then I tend to give them poor marks on management.  Some day developers will realize how utterly important management, marketing, public image, and interaction with potential customers and shareholder is.  Software rarely succeeds, regardless of how good, if they neglect some of these things.

I do have a phone just got a hair in my ...

Maybe someday.


About a month ago I got telegram myself because I got frustrated on how a lot of communication is missing on reddit or bitcointalk. I didn't even know you needed a phonenumber for that... Tongue

True, I don't like the fact that it's on my phone now but I installed the desktop-version on my pc since I am oldschool and don't like staring at my phone. Easier to follow and type. I regret that there isn't just one way to comunicate like bitcointalk or reddit.

It's kinda funny how people complain about lack of communication caused by a phone number. I bet nowadays everyone have a smartphone, don't they? Also Telegram has a destop version if don't want to use the mobile app. Your phone number is completely safe, so is you personal data. Mobile app is do mobile, meaning you can use it anytime anywhere. The PRL dev on telegram is truely reachable and responsive. So, if you do want to enggage with the team and community, i must say that you have nothing to complain.
member
Activity: 133
Merit: 10
It´s difficult to predict what future will have this project but at the current price the risk is worth. They are proposing an interesting and feasible solution for a decentralized storage, letting alone the applications of the token.
member
Activity: 294
Merit: 10
I thought it was a great opportunity to buy this token from bounty members. I bought it ten times cheaper and glad of it. I'm sure I can make money on it. It is a pity that I do not have free money now, since I invested all my money in EVX and now I do not want to sell it.

Me too.

I think it isn't a weird decision at all to list the token during the ICO-process because now, after the ICO ends, it will be impossible for the token to drop enormously, which will only be good for the future...

Token locking, like Dcorp did, might be a better route.  I mean, who is going to continue investing in the ICO if the tokens are way cheaper on the markets??

Still holding my bounty tokens.  Basically it can go one of two ways: it is a scam or not.  If I sell and it is not a scam I lose money and if I sell and it is a scam I end up inadvertently helping to rip people off.

Hope to hear from the dev.

The dev is way more active in the telegramgroup, not so much on bitcointalk - https://t.me/oysterprotocol.

I am kind of boycotting coin Telegram groups...

You need a phone to use Telegram which puts a barrier for a number of people.   If a developer team uses Telegram they REALLY should offer an alternative outlet for interaction and updates.  If a team isolates themselves to the walled garden's of Telegram then I tend to give them poor marks on management.  Some day developers will realize how utterly important management, marketing, public image, and interaction with potential customers and shareholder is.  Software rarely succeeds, regardless of how good, if they neglect some of these things.

I do have a phone just got a hair in my ...

Maybe someday.


About a month ago I got telegram myself because I got frustrated on how a lot of communication is missing on reddit or bitcointalk. I didn't even know you needed a phonenumber for that... Tongue

True, I don't like the fact that it's on my phone now but I installed the desktop-version on my pc since I am oldschool and don't like staring at my phone. Easier to follow and type. I regret that there isn't just one way to comunicate like bitcointalk or reddit.
sr. member
Activity: 1377
Merit: 268
So they collected over $1m? I hope this will not disappoint me or the dev will not just vanish slowly..

I only risked what i can afford but still would be glad to get something even if its just a dust money
sr. member
Activity: 602
Merit: 295
Hail Eris!
I thought it was a great opportunity to buy this token from bounty members. I bought it ten times cheaper and glad of it. I'm sure I can make money on it. It is a pity that I do not have free money now, since I invested all my money in EVX and now I do not want to sell it.

Me too.

I think it isn't a weird decision at all to list the token during the ICO-process because now, after the ICO ends, it will be impossible for the token to drop enormously, which will only be good for the future...

Token locking, like Dcorp did, might be a better route.  I mean, who is going to continue investing in the ICO if the tokens are way cheaper on the markets??

Still holding my bounty tokens.  Basically it can go one of two ways: it is a scam or not.  If I sell and it is not a scam I lose money and if I sell and it is a scam I end up inadvertently helping to rip people off.

Hope to hear from the dev.

The dev is way more active in the telegramgroup, not so much on bitcointalk - https://t.me/oysterprotocol.

I am kind of boycotting coin Telegram groups...

You need a phone to use Telegram which puts a barrier for a number of people.   If a developer team uses Telegram they REALLY should offer an alternative outlet for interaction and updates.  If a team isolates themselves to the walled garden's of Telegram then I tend to give them poor marks on management.  Some day developers will realize how utterly important management, marketing, public image, and interaction with potential customers and shareholder is.  Software rarely succeeds, regardless of how good, if they neglect some of these things.

I do have a phone just got a hair in my ...

Maybe someday.

full member
Activity: 266
Merit: 100
I thought it was a great opportunity to buy this token from bounty members. I bought it ten times cheaper and glad of it. I'm sure I can make money on it. It is a pity that I do not have free money now, since I invested all my money in EVX and now I do not want to sell it.
You did not think that you just threw money away, and after you bragged about what you bought cheaper, who will buy it from you now?
member
Activity: 294
Merit: 10
I thought it was a great opportunity to buy this token from bounty members. I bought it ten times cheaper and glad of it. I'm sure I can make money on it. It is a pity that I do not have free money now, since I invested all my money in EVX and now I do not want to sell it.

Me too.

I think it isn't a weird decision at all to list the token during the ICO-process because now, after the ICO ends, it will be impossible for the token to drop enormously, which will only be good for the future...

Token locking, like Dcorp did, might be a better route.  I mean, who is going to continue investing in the ICO if the tokens are way cheaper on the markets??

Still holding my bounty tokens.  Basically it can go one of two ways: it is a scam or not.  If I sell and it is not a scam I lose money and if I sell and it is a scam I end up inadvertently helping to rip people off.

Hope to hear from the dev.

The dev is way more active in the telegramgroup, not so much on bitcointalk - https://t.me/oysterprotocol.
sr. member
Activity: 602
Merit: 295
Hail Eris!

So what really matters are the dev's intentions.  Lots of promises but not a lot of solid development proof aside from some half coded modules which may or may not work and an old centralized system which I can't make sense of because it was not only written in php but has extremely cryptic variable names.  You might as well run an obfuscator on that code base.  At least the dev understand programming enough to get as far as he did.  


Indeed the Git is literally empty and the coding is an tiny element of a complete project and in bad shape in regards to documentation



I think that says enough.

The project has more code than a lot of overhyped ICO's that literally have gathered millions but had nice PR & flashy videos.

It is one of the reasons I put time and energy into this coin.

I can see how some of the code works, or will work once finished.  Writing code is easy though.  Writing code that works is a bit harder.

But for now it shows the dev at least understands programming enough to put together what he has.  I have hope for now.  I will give it a month or two after the marketing and ICO phase and see if development continues.

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