Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 290. (Read 490241 times)

Please lower the minimum to enter! What if we only have 0.05? We cant get in on it because of this?

Now that sounds like some of the btc in Syscoin is going towards ethereum too

All fees go back to the network/miners. Unlike namecoin where the coins are destroyed.

Here is what I think. Someone from Syscoin can answer the questions too.

First it is always best to do your own research. You can use the search box on the top right to search for "competition" and see what the Syscoin team has said about competition so far in this thread.

All the information about this coin and all the others are on this forum and no one will know more than that. You can take a look at each blockchain 2.0 coin and figure out which coin or coins will be the biggest competition or currently is a serious threat to Syscoin. It's up to the user to decide that as 1 person may thing nothing comes close right now.  

In the first post you will find these 2 comparisons

Q: What's the difference between Sys and Ether?

and

Q: What's the difference between Sys and Cloakcoin?

And here are 2 things that will set Syscoin far from the competition at launch that you can read about in the first post.

Brokerage on the Blockchain

Certificates on the Blockchain

The buying and selling on the blockchain is a feature most coins are pushing for as it's the feature most likely to be used by everyone.

Some coins working on blockchain 2.0 are Razor, VIA, CLOAK, SKY, XC, Crypti and probably others I'm not aware of or forgetting. Go read up on them and see how far away they are from launching and what they are planning on offering.

Edit: Below a Syscoin team member corrected me. Take a look at the post below by Dan. Good stuff.

So seems you guys are farthest ahead with this new tech, and upon release there is something to offer. My question though is what do you see as your biggest competition right now as other coins go? Is there any serious competition right now, or coins working on same projects? What factors or tech would separate syscoin from the herd?

Thanks.

I think that is the main obstacle for any coin with 2.0 features like these - they are great features if they get used but there just aren't that many people in a position to use those features who actually know about them and are willing to take the risk of dealing with cryptos, but I'm quite hopeful for Syscoin due to the close working relationship with Moolah, which I think gives this coin a much better chance of getting people to actually use all of its features compared to most.

It's not reasonable to expect this. Something like this might happen in case of serious technical failure or similar bad news, but normally not. So likely you'll have no chance to buy below pre-sale price. And if the price really falls, you will have no interest to buy anyway.

I'm more afraid of low trade volumes and possible lack of interest in the coin and services,  sort of "Mastercoin illness".

I agree with him and will probably do the same.(not at the same price though).
It's just my guess.Let's wait and see what happens after launch.

Please explain in detail how you think that will happen (price hits 200 satoshi). People keep saying that but never explain how they come to that conclusion. Is it math? A guess?

Or anyone that thinks the price will go lower than IPO.

I Like your coin but it is way overpriced. Not a surprise that presale is not going as well as expected. I am hoping to snatch some coins at 200 satoshi after launch.

who gets the fee in the case of the alias example?  does that fee go to the nodes supporting the network?

This is important, especially since projects like openbazaar are touting that they'll have "no fees". A lot of competition emerging...

I did that.  I think you are sent the wallet.dat for the total that you send.  So you can send more if you wish.

Can I make a second investment separate from the first?

Will that screw things up?

The market place will have the most competition. Hopefully buying and selling fees will be low enough to encourage people to build and use. People will have to go from btc (or usd) to sys and then buy things on the market place. If the fees to do that is too great they will look else where.

That's right, thanks for the clarification realest.

You enter the keys into the wallet that you will download in 9 days. Then after the wallet syncs your coins show up.


In 9 days.

100% possible. P2Pool can do it at launch should be almost plug and play (we'll try to get it setup to be that easy) and we're going to offer a bounty for a MPOS merged mine fork. Thats the challenge- because only P2Pool really supports merged mining it won't be hugely adopted at first- by comparison once an MPOS merged mined fork is available it should be almost ubiquitous. We're using some of the presale funds to make this a lucrative opportunity for a smart developer.

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Awesome! MPOS would be even better but P2Pool would do With Litecoin merge mining with Dogecoin soon too, the possibilities are endless. Mining Lite/Doge/SYS at once sounds pretty good..

Read the previous post please. It was explained... This should be in a Q/A on the first page.

when can I receive the wallet.dat file?