Author

Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 327. (Read 490241 times)

legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
devs are not just gonna release the features and that is it,things will move at a fast pace here.

4 features already ready and in heavy testing. 2 new/enhancement features being discussed during team technical meeting in ~3hrs. Several additional features and direct platform-partner integrations in the pipeline as well. We aren't sitting on our hands even though we're already ahead of the game with the initial feature set.
full member
Activity: 182
Merit: 100
I think the whole IPO phase is far too long.  There is no urgency and that in itself might prevent the 1500BTC target being reached.  Add this to the fact that it delays launch by several weeks and there is a possibility that it could result in an additional loss of momentum on SYS.  The crypto-community moves very fast and with hindsight such a long time for raising funding was a bad idea.

me too i'm thinking the same. 4 weeks can kill momentum. as we nearer it the target will be reached much faster. i expect the first target to be reached easily, the second near launch, dev did say, he will launch early if he could if target met
full member
Activity: 182
Merit: 100
i believe 2% for devs 1% for bounties etc.

8 BTC (7.6 BTC) a day would only be for the first 15 days, after that it is 3.8 BTC a day for the next 45 days and then it reduces even more, anyone who thinks that is a problem needs to re-evaluate

+1
legendary
Activity: 952
Merit: 1000
I think the whole IPO phase is far too long.  There is no urgency and that in itself might prevent the 1500BTC target being reached.  Add this to the fact that it delays launch by several weeks and there is a possibility that it could result in an additional loss of momentum on SYS.  The crypto-community moves very fast and with hindsight such a long time for raising funding was a bad idea.
Len
full member
Activity: 177
Merit: 100
i believe 2% for devs 1% for bounties etc.

8 BTC (7.6 BTC) a day would only be for the first 15 days, after that it is 3.8 BTC a day for the next 45 days and then it reduces even more, anyone who thinks that is a problem needs to re-evaluate
hero member
Activity: 658
Merit: 500
can the devs please clarify -

are the devs getting 2% of coins, or 3%?
full member
Activity: 338
Merit: 100
https://eloncity.io/
almost got in this ipo when i realized the fud and over valuation as kevin oleary would say... pass.

but for god sakes you fuc..ng idiots that buy ipo, presale on a coin launching on august and want to dump your presale stock Before its on stock exchanges ?

fuc,..ing noobs no wonder the alt market is crashing, to many wannabees trying to make a quick buck  not even understanding basic economy.

and these have 300+ posts and sr members may i add..... not looking good.

i even read... i wanna sell my investment now !,hmmm investing... lets see the wiki of that word
http://en.wikipedia.org/wiki/Investment

=====================
Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame

In finance, investment is putting money into an asset with the expectation of capital appreciation, dividends, and/or interest earnings. This may or may not be backed by research and analysis. Most or all forms of investment involve some form of risk, such as investment in equities, property, and even fixed interest securities which are subject, among other things, to inflation risk. It is indispensable for project investors to identify and manage the risks related to the investment.
======================

now answer this, how is it investing bying IPO pre stock market and want to cash in BEFORE its even Launched ?

also why you frigging dumpers would want to dump Before this hits 2.3k satos is weird... as its the new height these days. 2/3k satos till a pnd and then burned to the ground and recycle.

as i said ill pass, as im pasing with ALL new coins till the crowd is thinned and alt`s go back in the back room shadows as it was before, to many wales, to many ( devs ? most are just search replace compile...thats not devs) at least this is something new.. ( well not really since bithalo and Darkhalo does just that...)


anyway good luck to all weak hands here


legendary
Activity: 1596
Merit: 1010
Very tempted to invest in the pre-sale but the financial situation doesn't allow it at the moment....

But I wrote an article about it!

http://www.cryptoarticles.com/crypto-news/syscoin-pre-sale-is-live-physical-rewards-unveiled
legendary
Activity: 1517
Merit: 1042
@notsofast
It seems like more than a few people messed up their exact BTC amount order while sending to the one-shot presale address (due to fee deductions).

Some clear instructions on how to complete or annul the transaction would be helpful to solve these cases, especially as these mis-sent funds will be tied up for a month.

Do we "top up" the presale order by sending a second transaction to the investment address in the amount the original transaction was short? (Even though it's instructed to send only one transaction per presale address?) What if we sent too much and can't make up the discrepancy by a second transaction?

Do we request a refund so we can try again? What channel should we use for this?
full member
Activity: 182
Merit: 100
i bet ya they already have some corporations involved. i just want to sell because it is a while until launch. people will buy close to the launch or if the coins are being sucked up. it would be awesome if dev released one key feature that would help
hero member
Activity: 924
Merit: 1000
running the math on this, the IPO price point is expensive and quite frankly a little greedy. A top 10 market cap basically before launch? That's an awfully optimistic valuation

The math you're running is faulty.

Show me your calculations and I'll show you a back of the envelope calculation that disproves your premise.


Your argument:

Premise 1: The IPO price point will get syscoin to the top 10 in terms of market cap.

Conclusion 1: The developers are greedy

Not only is this a faulty argument, but if

the 1500 BTC worth of pre-sale

is 15% then 100% equals a market cap of: 0.15x = 1500   x= 10000 BTC

which is a top 14.

Top 14 Does not equal Top 10.

 



Its not even top 14 at launch it would currently be 35th, he is talking about the market cap at launch which is only roughly $1,160,000 at ipo price assuming all of the presale sells, after 60 days of mining it will still only be roughly $1,350,000 at ipo price, if the presale doesnt sell out it will be even less.

I dont know why everyone is valuating this coin as if all 2 billion coins will be generated at launch


It's basically dumb fuck math.

If you used the same math on VIAcoin before launch you would of had a valuation of about 6 million dollars....if you include all the coins that are intended to be mined, yet right now it gives 400% of original IPO price.....how can this be!!!!!!! omg!!!!!111!!!!!!!!

Oh yeah it's dumb fuck math

I agree that my calculation is of no real use to investors.

It is a back of the envelope calculation.

I can't stress that enough.


Since I can't predict the future I should only calculate the Cap after a week or a month at most, and then be horribly wrong when that date arrives.

We can't know the price of BTC at launch.

I just wanted to call out the other guy for faulty calculations. These facts help my case.



i was agreeing with ya and just explaining the way they calculate the total amount of coins to be mined ever in their calculations of perceived marketcap
hero member
Activity: 1492
Merit: 763
Life is a taxable event
running the math on this, the IPO price point is expensive and quite frankly a little greedy. A top 10 market cap basically before launch? That's an awfully optimistic valuation

The math you're running is faulty.

Show me your calculations and I'll show you a back of the envelope calculation that disproves your premise.


Your argument:

Premise 1: The IPO price point will get syscoin to the top 10 in terms of market cap.

Conclusion 1: The developers are greedy

Not only is this a faulty argument, but if

the 1500 BTC worth of pre-sale

is 15% then 100% equals a market cap of: 0.15x = 1500   x= 10000 BTC

which is a top 14.

Top 14 Does not equal Top 10.

 



Its not even top 14 at launch it would currently be 35th, he is talking about the market cap at launch which is only roughly $1,160,000 at ipo price assuming all of the presale sells, after 60 days of mining it will still only be roughly $1,350,000 at ipo price, if the presale doesnt sell out it will be even less.

I dont know why everyone is valuating this coin as if all 2 billion coins will be generated at launch


It's basically dumb fuck math.

If you used the same math on VIAcoin before launch you would of had a valuation of about 6 million dollars....if you include all the coins that are intended to be mined, yet right now it gives 400% of original IPO price.....how can this be!!!!!!! omg!!!!!111!!!!!!!!

Oh yeah it's dumb fuck math

I agree that my calculation is of no real use to investors.

It is a back of the envelope calculation.

I can't stress that enough.


Since I can't predict the future I should only calculate the Cap after a week or a month at most, and then be horribly wrong when that date arrives.

We can't know the price of BTC at launch.

I just wanted to call out the other guy for faulty calculations. These facts help my case.

sr. member
Activity: 368
Merit: 250
It's beyond me how people can think about investing in a coin without reading all the information about it.  Most of these questions are answered in the OP, the Syscoin website or at Moolah.  The process is fairly transparent.  If you like it invest; if you don't...well don't invest.
Len
full member
Activity: 177
Merit: 100
im not going to bother explaining it anymore as the less people buy into the presale the lower the market cap is going to be and the more room for increased returns.
if only half of the presale sells (150,000,000) + the devs 3 % (30,000,000)   thats only 180 million coins at launch 180000000x0.00000518 = 932BTC or a rough $590,000 market cap

legendary
Activity: 1806
Merit: 1001
via and crypti were obvious wins on risk vs reward. this one not so much. not saying it wont happen but its not worth the risk to me

Via got 600 btc for 10%, it's like Sys.
hero member
Activity: 924
Merit: 1000
running the math on this, the IPO price point is expensive and quite frankly a little greedy. A top 10 market cap basically before launch? That's an awfully optimistic valuation

The math you're running is faulty.

Show me your calculations and I'll show you a back of the envelope calculation that disproves your premise.


Your argument:

Premise 1: The IPO price point will get syscoin to the top 10 in terms of market cap.

Conclusion 1: The developers are greedy

Not only is this a faulty argument, but if

the 1500 BTC worth of pre-sale

is 15% then 100% equals a market cap of: 0.15x = 1500   x= 10000 BTC

which is a top 14.

Top 14 Does not equal Top 10.

 



Its not even top 14 at launch it would currently be 35th, he is talking about the market cap at launch which is only roughly $1,160,000 at ipo price assuming all of the presale sells, after 60 days of mining it will still only be roughly $1,350,000 at ipo price, if the presale doesnt sell out it will be even less.

I dont know why everyone is valuating this coin as if all 2 billion coins will be generated at launch


It's basically dumb fuck math.

If you used the same math on VIAcoin before launch you would of had a valuation of about 6 million dollars....if you include all the coins that are intended to be mined, yet right now it gives 400% of original IPO price.....how can this be!!!!!!! omg!!!!!111!!!!!!!!

Oh yeah it's dumb fuck math
Len
full member
Activity: 177
Merit: 100
running the math on this, the IPO price point is expensive and quite frankly a little greedy. A top 10 market cap basically before launch? That's an awfully optimistic valuation

The math you're running is faulty.

Show me your calculations and I'll show you a back of the envelope calculation that disproves your premise.


Your argument:

Premise 1: The IPO price point will get syscoin to the top 10 in terms of market cap.

Conclusion 1: The developers are greedy

Not only is this a faulty argument, but if

the 1500 BTC worth of pre-sale

is 15% then 100% equals a market cap of: 0.15x = 1500   x= 10000 BTC

which is a top 14.

Top 14 Does not equal Top 10.

 



Its not even top 14 at launch it would currently be 35th, he is talking about the market cap at launch which is only roughly $1,160,000 at ipo price assuming all of the presale sells, after 60 days of mining it will still only be roughly $1,350,000 at ipo price, if the presale doesnt sell out it will be even less.

I dont know why everyone is valuating this coin as if all 2 billion coins will be generated at launch
full member
Activity: 164
Merit: 100
via and crypti were obvious wins on risk vs reward. this one not so much. not saying it wont happen but its not worth the risk to me
full member
Activity: 182
Merit: 100
with 1500btc the current cap is $1million
...which is only 15% of the total as 1500btc are targeted through the 15% IPO.

i know and are the other coins mined yet? are they gonna be mined within a month? no. why are people calculating the max coins when its only whats in circulation that should be calculated. someone calc mined coins will be 7.43btc a day at current prices. so people giving a marketcap based on max coins recalculate
hero member
Activity: 984
Merit: 1000
with 1500btc the current cap is $1million
...which is only 15% of the total as 1500btc are targeted through the 15% IPO.
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