Author

Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 319. (Read 490255 times)

newbie
Activity: 34
Merit: 0
escrow arrangement with moolah.io is okay. but follow up listing in other exchanges. otherwise it will have the same fate as FIMK/dgex
newbie
Activity: 41
Merit: 0
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC.

You don't want to upset your investors.

i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same.

I don't think coin reduction will be considered
full member
Activity: 182
Merit: 100
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC.

You don't want to upset your investors.

i wouldn't be hurt, if it means a reduction in coins. investors would welcome this. i don't know if its possible cap coins at 1 billion, so total in ipo would be 30% or if you want reduced ipo max coins to 150million. id vote for a reduction in total coins but leave the price and amount of max coins in ipo the same.
hero member
Activity: 672
Merit: 500
this could be the best ipo ever

It was the best IPO ever, but they seriously killed it for me and lots of other people.

Two things that could be done -

1. Make the IPO prices dynamic, and let people value this coin - This cannot be done now as they already accepted BTC

2. Make the rewards according to the prices they think they can force on people. Current prices will attract MASS DUMPING

3. Cut coin Total Supply
legendary
Activity: 924
Merit: 1000
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.


looking into the rewards, would that mean a reduction in total coins

No, there are a few ways we can change it.
Lower the block rewards, Days @ Reward Level etc.
newbie
Activity: 41
Merit: 0
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.

Keep it as it is. Investors bought into it with the information currently given. We are the people that made the decision with our BTC already. Why change it if we already accepted the reward schedule as it is and voted with our BTC. The people who are the loudest did not even invest. Stop changing things when we have already invested.

You don't want to upset your investors.

It's like studying for an exam for months and then finding out at the last minute that your instructor changed the syllabus. In this analogy, the investment was the time and effort for studying.
full member
Activity: 182
Merit: 100
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.


looking into the rewards, would that mean a reduction in total coins
legendary
Activity: 924
Merit: 1000
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

Not everyday, at the current reward schedule its for 15 days only.
As I have said already we are still looking at this and it is subject to change.
full member
Activity: 182
Merit: 100
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy

are you telling me with the features they have 8btc is difficult, and that reduces as block rewards reduce, plus what makes you think all miners will dump. not all miners dump. of course some people will take profits, that is just coins exchanging hands. you only need to read the ann to know that if all goes well this could be the best ipo ever
hero member
Activity: 672
Merit: 500
agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.

It will take 8 BTC buying everyday to sustain the IPO prices, leave gaining anything. Go check the math, dont be a fanboy
full member
Activity: 182
Merit: 100
Speak for yourself...  some of us are here ONLY for the long term bla bla crap!!!   Wink

Haha yeah, when people speak about investing in an IPO short-term, all I can think is dumpity dump... They just wanna puke their chips the moment it hits an exchange! That's not investing in a business proposal, it's acting like a teenager.

Welcome to the real life. Of course I will dump if I can get a x3 or x4 ROI. That has nothing to do with acting like a teenager, it just makes sense. Some are in it because they really believe in a coin, some are in it for the money. You need both of them to succeed.

agree, its just some people expecting a dump to happen because the price is too high for 2billion coins, but they are not understanding there will not be 2 billion at launch only how much ipo is bought. they can wait 20 years when 2 billion are mined.
sr. member
Activity: 364
Merit: 250
Speak for yourself...  some of us are here ONLY for the long term bla bla crap!!!   Wink

Haha yeah, when people speak about investing in an IPO short-term, all I can think is dumpity dump... They just wanna puke their chips the moment it hits an exchange! That's not investing in a business proposal, it's acting like a teenager.

Welcome to the real life. Of course I will dump if I can get a x3 or x4 ROI. That has nothing to do with acting like a teenager, it just makes sense. Some are in it because they really believe in a coin, some are in it for the money. You need both of them to succeed.
legendary
Activity: 924
Merit: 1000
at present increase rate, presale can not make 465 btc within 3 days.

Just to be clear and in case you did not spot it.

(From https://moolah.io/syscoin)

Quote
Early Bird Timeframe: Ends July 26th at 12:00pm PST OR 465 BTC

We are looking at doing a live technical Q/A over the week at some point.
full member
Activity: 182
Merit: 100
there is no way ipo price is changing i am very happy with the price. can't wait for launch
sr. member
Activity: 269
Merit: 250
I prefer to mine this coin instead of buying in pre-sale, it's too expensive!!!
There are 2 billion coins, IPO price is 465 sats and 518 sats, let's say 490 in average, the market cap will be 2 billion * 490 sats = 9800 BTC, it's too big for a new coin!
If you set a lower fixed price in IPO phase, you can raise more BTCs in pre-sale, it's good for investor,miners and you DEV team, really don't know how the high price is finalized!!
sr. member
Activity: 280
Merit: 250
Bitnation Development Team Member
Speak for yourself...  some of us are here ONLY for the long term bla bla crap!!!   Wink

Haha yeah, when people speak about investing in an IPO short-term, all I can think is dumpity dump... They just wanna puke their chips the moment it hits an exchange! That's not investing in a business proposal, it's acting like a teenager.
legendary
Activity: 924
Merit: 1000
Sad to see a nice coin be a little weird in their ipo numbers. It does seem like you'll be able to buy cheaper when it hits an exchange so I dont understand the incentive to invest right now. Change the numbers a bit to be in favour of investors and you'll have a better long term coin.

Sorry but I dont see anything weird. As we have stated lots of times, this is a pre-sale at a fixed price.
As for the future, nobody can tell. (But in case you can, please send me the lotto numbers).

As dano has said we ARE looking at the mining numbers and these will likely be revises.
sr. member
Activity: 290
Merit: 250

Why would all the miners dump everything for 7.6btc to people that will hold and reap all the money.  And after the first 15 days that drops to 3.81btc a day. No one is dumping that much on an exchange. Everyone be holding.

Most miners don't hold.  Whatever you think of their decision, that's how it is.

Yes.

So I will skip this pre-sale.
full member
Activity: 182
Merit: 100
at present increase rate, presale can not make 465 btc within 3 days.

if the launch was in 3 days it would be a different, but launch is 16th aug so people are waiting.
full member
Activity: 154
Merit: 100
at present increase rate, presale can not make 465 btc within 3 days.
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