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Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 322. (Read 490241 times)

legendary
Activity: 924
Merit: 1000
what will happen if you do not sell out the syscoin in the ipo period?

From the OP

Quote
Q: What if the presale doesn't sell out? Do buyers get the unsold Syscoin?
A: No, only what is purchased will be premined and delivered. Buyers get what they pay for.
legendary
Activity: 1148
Merit: 1000
what will happen if you do not sell out the syscoin in the ipo period?
legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release

and mintpal too..

hey why not mail these exchanges and add the coin on launch to these exchanges?

Exactly, any exchange can add us after launch, we aren't coded into the exchange. We aren't reaching out to other exchanges right now because we're working with Moolah as a real partner. While they are adding us to their various platforms we're also going to work with them to see how we can use the features Syscoin provides coupled with their platform offerings to develop new services for the crypto and mainstream markets. I'm sure other exchanges will add Syscoin eventually as well.
newbie
Activity: 34
Merit: 0
Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release

and mintpal too..

hey why not mail these exchanges and add the coin on launch to these exchanges?
hero member
Activity: 924
Merit: 1000
Most likely bittrex or poloniex will add it pretty much as soon as its launched , quite possibly both of them. similar to what happened to via coin, if it required coding into the exchange with unique code like the likes of qora or something then it would take more time but i would bet on it being added to 1 or both immediately on release
legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
Another thing: I don't understand "exclusivity" for moolah exchange. Means other exchanges will be discouraged to add this coin?  New exchange,  this is very bad. This will limit the trade volume significantly. Adoption will be slower, promotion weaker. "Exclusively" traded coins can't be trusted. Instead of spreading the coin everywhere using traditional channels the devs are just trying to create some behind the scene corporate ties.

Nope just means that Moolah will have Syscoin available exclusively on their platform [including their new trading platform] immediately when the coin launches because we're working with them as a partner. Not that other exchanges can't add us minutes after we launch and we certainly don't discourage them from adding us; but Moolah will be the first.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
Another thing: I don't understand "exclusivity" for moolah exchange. Means other exchanges will be discouraged to add this coin?  New exchange,  this is very bad. This will limit the trade volume significantly. Adoption will be slower, promotion weaker. "Exclusively" traded coins can't be trusted. Instead of spreading the coin everywhere using traditional channels the devs are just trying to create some behind the scene corporate ties.

+1, What gives with the exclusivity? You couldn't possible enforce it anyway...
newbie
Activity: 41
Merit: 0
10 New BTC in investment in 5 hours....


That is a rate of 2 BTC per hour on the presale!

So the early bird phase will probably end in about 150 hours +- 50.....

Or in about 6 days... It would end in 6 days anyway...

This may be a close one!

They will sell out. Many people with lots of BTC that give it out.
hero member
Activity: 924
Merit: 1000

I dont think uve been in markets long enough to understand.. its understandable.

rofl , so unwilling to explain it, because it doesn't exist? so how long in crypto until i start talking illogical dumb shit?

U cant explain it u learn it the hard way or ez way if ur smart enough either way 10k hours screentime is golden rule in any profession u must be under 1k still by the looks of it.. u gotta long journey unless u give up its all good. Bitcoin made so many wannabe investors cause they early adopters now they think they astute investors all of a sudden but easy money has passed.

basically we were in a discussion about certain facts, now the aim of winning that debate is to prove the other one wrong, i told you that your assessment of 8 btc of new buyers = 100btc trade volume is pure bullshit

now you had 2 options

.... [snip]

No offense to either of you but please take this conversation to PMs or another thread.


point taken and last thread deleted , sorry.
legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.

I dont think uve been in markets long enough to understand.. its understandable.

rofl , so unwilling to explain it, because it doesn't exist? so how long in crypto until i start talking illogical dumb shit?

U cant explain it u learn it the hard way or ez way if ur smart enough either way 10k hours screentime is golden rule in any profession u must be under 1k still by the looks of it.. u gotta long journey unless u give up its all good. Bitcoin made so many wannabe investors cause they early adopters now they think they astute investors all of a sudden but easy money has passed.

basically we were in a discussion about certain facts, now the aim of winning that debate is to prove the other one wrong, i told you that your assessment of 8 btc of new buyers = 100btc trade volume is pure bullshit

now you had 2 options

.... [snip]

No offense to either of you but please take this conversation to PMs or another thread.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
10 New BTC in investment in 5 hours....


That is a rate of 2 BTC per hour on the presale!

So the early bird phase will probably end in about 150 hours +- 50.....

Or in about 6 days... It would end in 6 days anyway...

This may be a close one!
sr. member
Activity: 249
Merit: 250
Another thing: I don't understand "exclusivity" for moolah exchange. Means other exchanges will be discouraged to add this coin?  New exchange,  this is very bad. This will limit the trade volume significantly. Adoption will be slower, promotion weaker. "Exclusively" traded coins can't be trusted. Instead of spreading the coin everywhere using traditional channels the devs are just trying to create some behind the scene corporate ties.
newbie
Activity: 41
Merit: 0

I dont think uve been in markets long enough to understand.. its understandable.

rofl , so unwilling to explain it, because it doesn't exist? so how long in crypto until i start talking illogical dumb shit?

U cant explain it u learn it the hard way or ez way if ur smart enough either way 10k hours screentime is golden rule in any profession u must be under 1k still by the looks of it.. u gotta long journey unless u give up its all good. Bitcoin made so many wannabe investors cause they early adopters now they think they astute investors all of a sudden but easy money has passed.

basically we were in a discussion about certain facts, now the aim of winning that debate is to prove the other one wrong, i told you that your assessment of 8 btc of new buyers = 100btc trade volume is pure bullshit

now you had 2 options

1. Explain how that your statement is correct.

This option would of completely won the argument . you would of proven me wrong

but instead you went for option 2. pretend you know more than the person still without explaining the original assessment in any logical way. thus proving that you infact pulled that number out of your ass, or read it somewhere and the only real ability you have is to parrot anything you see

you cannot even follow the logic of a simple debate.


If you want to win the argument how about explaining exactly and 100% factually how 8 btc of new buyers = 100btc trading volume.  

If not continue to live in your self delusional world.
dude delete this post man. jesus. stop the bickering
newbie
Activity: 41
Merit: 0
Quote
It makes sense for an investor to keep quiet about the coin because if it does not completely sell out, the unsold coins will go to mining and so higher returns for investor.


I don't think it makes sense to do that.  The more momentum we can give it now the better in the long term.  I think it is in everyone's interests to make sure that the PRESALE is sold out as quickly as possible.  Imagine the PR that will bring - it more than likely will get SYScoin into the mainstream press and consciousness.

Most investors pump and dump any ways, so that is the logic that many are following. Less market cap at launch, more room for growth. Does it make sense? Who knows. That's their point of view.
sr. member
Activity: 249
Merit: 250
Conditions of presale were unclear until the start of the presale. There is a lot of confusion about that. I have to say that VIA presale was managed much much better amd it was one man job
legendary
Activity: 952
Merit: 1000
Quote
It makes sense for an investor to keep quiet about the coin because if it does not completely sell out, the unsold coins will go to mining and so higher returns for investor.


I don't think it makes sense to do that.  The more momentum we can give it now the better in the long term.  I think it is in everyone's interests to make sure that the PRESALE is sold out as quickly as possible.  Imagine the PR that will bring - it more than likely will get SYScoin into the mainstream press and consciousness.
hero member
Activity: 868
Merit: 1000
I'm also a bit confused what happens if the presale targets aren't met. As is, it appears the coins are being sold at a set price. But if we don't reach the targets, will the whole ICO (15% of supply) be divided up between however much was invested?

No. It's destroyed.

Holy fuck.

Read the thread.

Read the OP.

This has been asked and answered a billion times.

Did you really think you're the only person that came up with that question?

Holy Fuck.

You're rude.

Where in the OP does it say they will be destroyed? All I see is

Q: What if the presale doesn't sell out? Do buyers get the unsold Syscoin?
A: No, only what is purchased will be premined and delivered. Buyers get what they pay for.

Which is not specific.

No I didn't think I am the only person with this question, but I am not going to spend an hour to read the entire thread, sorry. Perhaps it should say they will be destroyed in the OP Q&A.
newbie
Activity: 41
Merit: 0
Just wait till after the presale closes and coin launches then Twitter will blow up telling people to buy SYScoin because of the innovative features, dev team, low market cap and upcoming features yet to launch. The FUD is strong to get the coin to launch with a low market cap.

It makes sense for an investor to keep quiet about the coin because if it does not completely sell out, the unsold coins will go to mining and so higher returns for investor.
full member
Activity: 168
Merit: 100
If you aren't comfortable ........
Just wait till after the presale closes and coin launches then Twitter will blow up telling people to buy SYScoin because of the innovative features, dev team, low market cap and upcoming features yet to launch. The FUD is strong to get the coin to launch with a low market cap.
hero member
Activity: 714
Merit: 500
Joined the club looks like a good project.
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