If you are here for the PRICE GAIN, then you are wrong.
This is a coin that has actual features, not your usual pump&dump copycoin.
Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 193. (Read 490230 times)
500 Sat touched again - wouldn't surpirse me if there is a rational explanation for all this.
Dead cat. Guys as I have said. Getting the team up and looking at the issues.
I think the better question to ask is. What have you been doing for the past few months aside from ripping 98% of the Litecoin code made by a real programmer.
Cmon dont sell cheap
Its been just a few hours since launch
Jezz people do you get laid instantly when you met someone patience
Its been just a few hours since launch
Jezz people do you get laid instantly when you met someone patience
Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
This.They cannot. Best they can do at this point is 2/3 as they sent 250BTC to the team already as they claimed they needed it for buy support.
I hope the escrow has got IDs off the devs
I am not in your team as I didnt buy any sys but what I am seeing is making me laugh.What a disaster for the Sys team.Hope they will find solution and save the coin.
Guys as I have said. Getting the team up and looking at the issues.
Sweer.Price is going up.
Yep, let him do his job - assess the situation, resolve the issues, reassure investors. The coin will recover. Cloak went down 75% before it went on to hit 320,000 Satoshi. Shit happens. Glad to see one of the devs is here and answering the call.
Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
This.
Guys as I have said. Getting the team up and looking at the issues.
Don't you understand that your coin is done?
All trust is already lost.
LOL
I dont want to sound like i am spreading FUD but seriously...
If i were a part of a team that has gotten 750BTC, 250BTC of which has released for buy support, i would wake the fuck up anyone else in the team and not sleep till the shit is fixed.
But hey that is me....
I dont want to sound like i am spreading FUD but seriously...
If i were a part of a team that has gotten 750BTC, 250BTC of which has released for buy support, i would wake the fuck up anyone else in the team and not sleep till the shit is fixed.
But hey that is me....
Guys as I have said. Getting the team up and looking at the issues.
Sweet.Price is going up.
on a sidenote: get ready to relive this with ethereum on a much larger scale.
+1
on a sidenote: get ready to relive this with ethereum on a much larger scale.
A serious risk - plus Ethereum's sales agreement (that anyone who buys must sign up to) basically relieves them of any responsibility to deliver. They have more freedom not to deliver than SYS had. No escrow held by a trusted third party like Moolah, for one thing.
The price was too high to begin with man. Huge supply. That is why I didn't buy in during the pre-sale. Anyway. Good luck to you guys. SYS is over before it even started.
+1 agreed 550 SAT for a coin with 2 billion units thats too much
dev will be sleeping till thursday next week
Guys as I have said. Getting the team up and looking at the issues.
500 Sat touched again - wouldn't surpirse me if there is a rational explanation for all this.
Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
Would like to know the same. 
The price was too high to begin with man. Huge supply. That is why I didn't buy in during the pre-sale. Anyway. Good luck to you guys. SYS is over before it even started.
+1 agreed 550 SAT for a coin with 2 billion units thats too much
Moolah, could you please confirm/deny that you will be providing 100% refund for people who bought this crap in the ICO stage?
So people are aware, if the Syscoin developers do not deliver a working coin - we will be looking in to the process of investor refunds. It will be a pain in the ass, but it is within our capabilities.
We have requested an update from the Syscoin team, and made our disappointment very clear. A clear plan of action and timeline needs to be communicated.
In the interests of public transparency, 250 BTC was released purely for buy support (by request of the Syscoin team). It does not appear that this has been done however, and I am awaiting a response from Dan Wasyluk.
We will not be releasing any additional coins until all issues are resolved.
We have requested an update from the Syscoin team, and made our disappointment very clear. A clear plan of action and timeline needs to be communicated.
In the interests of public transparency, 250 BTC was released purely for buy support (by request of the Syscoin team). It does not appear that this has been done however, and I am awaiting a response from Dan Wasyluk.
We will not be releasing any additional coins until all issues are resolved.
Are you a representative of Moolah? If so, good on you and good for Moolah's reputation - I'd be more inclined to sign up for Moolah-backed/escrowed ICO's in the future if that's the case.
Best-case scenario of course for the devs to simply own up to what they did and fix this so we can get everything back on track. If not, even a refund at this stage would be a loss - it would represent a loss of time at the very least. Time that buyers could have spent on other opportunities. Let's all hope it doesnt come to that, but it's up to the devs. It's in their court.
I am the CEO and Founder, I have the final say on any matter relating to Moopay LTD. Slex just happens to be my nickname :-).
Indeed, on our end it would represent a loss of time, money and even more importantly - reputation.
If we do have to go down the process of refunds, we can automate for the most part by sending out a unique form link to associated email addresses. I would much prefer this be fixed however.
on top of what has happened with this release the fact that there has been no buy support when this was stated from the beginning should be grounds enough to refund money to investors. you can't blame people selling out now as the price falls below stage 1 and 2 ico prices to protect what capital they have left.
Please understand that from our side, we cannot rush in to any decision (in either direction). We will be actively monitoring and reviewing the situation today, and have requested clarification.
Of course. Again, a refund would not be ideal, but the escrow (or what's left of it) certainly needs to be held firmy by Moolah until the problems are dealt with. Please see my comment copied above and what others have had to say about this. A simple, working coin -- with the promised features readily available through the GUI and easily usable by non-technical users -- was not delivered.
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