Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 340. (Read 490242 times)
In my opinion that has to be amended, devs and bounties should be paid out of the 30% IPO
after a 30% premine!!!!!!!, you still want another 3%?
lol 
lol what is the ipo price
Announced soon
Announced soon
Surely devs dont need 2% of the coins if you are going to get all that BTC for the 30% presale
Since everything has changed, might be more fair if developers donate 15 BTC and purchase the syscoin for themselves. 30% is a lot.
I appreciate this suggestion and would like this to be implemented.
Buy using own money is best. You asking for way too much now.
what is the ipo price
Surely devs dont need 2% of the coins if you are going to get all that BTC for the 30% presale
Since everything has changed, might be more fair if developers donate 15 BTC and purchase the syscoin for themselves. 30% is a lot.
Surely devs dont need 2% of the coins if you are going to get all that BTC for the 30% presale
Yeah it's quite excessive.
Agreed I think the 2% should be scrapped and then they will still have a shit load of btc from the presale for development and then no worries about 2% of sys being dumped at any time. Not saying that it will happen but I guess it will put a lot of people off.
does anyone know the ipo price
Surely devs dont need 2% of the coins if you are going to get all that BTC for the 30% presale
Updated with 600,000,000 presale number.
I broke down the numbers for those wondering about mining and how it will look.
First 15 days of mining
22,118,400 total coins mine
That is 1,474,560 coins a day
Say the price is 0.00002000 that is 29.49btc worth a day.
The next 45 days there will be 33,177,600 coins mine
That is 737,280 a day
Say the price is still 0.00002000 that is 14.74btc worth a day
Over the next 180 days there will be 110,592,000 more coins mine
That is 614,400 a day
At 0.00002000 that is 12.28btc a day worth
After 240 days of mining (8 months) there will be 165,888,000 coins mine.
Add in the 600,000,000 that people will buy soon that is 765,888,000 and add in the devs and bounties that's another 60,000,000 for a total of 825,888,000 coins in 8 months.
If the price is 0.00002000 in 8 months the total market cap will be 16517btc or $10,405,710
If you look at only the 165,888,000 coins mined over the first 8 months then the market cap for that at a price of 0.00002000 is 3309btc or $2,084,670
**I used 0.00002000 as an example. No clue what the price for presale will be or what the price will be when it opens on the market.**
I broke down the numbers for those wondering about mining and how it will look.
First 15 days of mining
22,118,400 total coins mine
That is 1,474,560 coins a day
Say the price is 0.00002000 that is 29.49btc worth a day.
The next 45 days there will be 33,177,600 coins mine
That is 737,280 a day
Say the price is still 0.00002000 that is 14.74btc worth a day
Over the next 180 days there will be 110,592,000 more coins mine
That is 614,400 a day
At 0.00002000 that is 12.28btc a day worth
After 240 days of mining (8 months) there will be 165,888,000 coins mine.
Add in the 600,000,000 that people will buy soon that is 765,888,000 and add in the devs and bounties that's another 60,000,000 for a total of 825,888,000 coins in 8 months.
If the price is 0.00002000 in 8 months the total market cap will be 16517btc or $10,405,710
If you look at only the 165,888,000 coins mined over the first 8 months then the market cap for that at a price of 0.00002000 is 3309btc or $2,084,670
**I used 0.00002000 as an example. No clue what the price for presale will be or what the price will be when it opens on the market.**
825,888,000 coins in 8 months. Will take 8 million dollars for it to be 0.01
will be keeping a eye on this
Just some harmless discussion
1) How many BTC are you planning to invest?
2) What would you like the price per coin to be? Have you done your calculations to see what is worth it?
#speculator
1) How many BTC are you planning to invest?
2) What would you like the price per coin to be? Have you done your calculations to see what is worth it?
#speculator
Looking forward to tomorrow - but depressed that my Coinbase BTCs wont be available until Monday 
#spectator
#spectator
How will you calculate how many coins are given for ICO ?
Is it fixed per BTC or it depends on the total amount invested (like VIA) ?
Thanks
Is it fixed per BTC or it depends on the total amount invested (like VIA) ?
Thanks
It will not be like VIA. You will know how many coins you are buying for 15btc or the amount you are buying.
In other words it won't change. What you pay for is what you get.
I hope it is price low enough that it will go up to where it is profitable for miners and hopefully the price won't go low enough to the point where it causes people to panic dump because it is close to the IPO price.
How will you calculate how many coins are given for ICO ?
Is it fixed per BTC or it depends on the total amount invested (like VIA) ?
Thanks
Is it fixed per BTC or it depends on the total amount invested (like VIA) ?
Thanks
Quote
PRESALE LAUNCH DATE: JULY 19th @ 12:00PM PST
Could the pre-sale start time be clarified?
Are we talking 12:00 Noon or 12:00 Midnight?
Good point. To clarify.
Pacific Daylight Time : 12:00 PM (12:00)
GMT (UTC) : 7:00 PM (19:00)
Hope this helps.
better make a countdown?
http://countingdownto.com/countdown/syscoin-official-presale-launch-early-bird-countdown-clock
How long does the pre-sale will go? 1 day? 1 week?
Why billion coins?
Why billion coins?
Man, 4 weeks.
How long does the pre-sale will go? 1 day? 1 week?
Why billion coins?
Why billion coins?
@danosphere, how can we buy sys in moolah, is there any guide?
Time is getting near:
Updated with 600,000,000 presale number.
I broke down the numbers for those wondering about mining and how it will look.
First 15 days of mining
22,118,400 total coins mine
That is 1,474,560 coins a day
Say the price is 0.00002000 that is 29.49btc worth a day.
The next 45 days there will be 33,177,600 coins mine
That is 737,280 a day
Say the price is still 0.00002000 that is 14.74btc worth a day
Over the next 180 days there will be 110,592,000 more coins mine
That is 614,400 a day
At 0.00002000 that is 12.28btc a day worth
After 240 days of mining (8 months) there will be 165,888,000 coins mine.
Add in the 600,000,000 that people will buy soon that is 765,888,000 and add in the devs and bounties that's another 60,000,000 for a total of 825,888,000 coins in 8 months.
If the price is 0.00002000 in 8 months the total market cap will be 16517btc or $10,405,710
If you look at only the 165,888,000 coins mined over the first 8 months then the market cap for that at a price of 0.00002000 is 3309btc or $2,084,670
**I used 0.00002000 as an example. No clue what the price for presale will be or what the price will be when it opens on the market.**
I broke down the numbers for those wondering about mining and how it will look.
First 15 days of mining
22,118,400 total coins mine
That is 1,474,560 coins a day
Say the price is 0.00002000 that is 29.49btc worth a day.
The next 45 days there will be 33,177,600 coins mine
That is 737,280 a day
Say the price is still 0.00002000 that is 14.74btc worth a day
Over the next 180 days there will be 110,592,000 more coins mine
That is 614,400 a day
At 0.00002000 that is 12.28btc a day worth
After 240 days of mining (8 months) there will be 165,888,000 coins mine.
Add in the 600,000,000 that people will buy soon that is 765,888,000 and add in the devs and bounties that's another 60,000,000 for a total of 825,888,000 coins in 8 months.
If the price is 0.00002000 in 8 months the total market cap will be 16517btc or $10,405,710
If you look at only the 165,888,000 coins mined over the first 8 months then the market cap for that at a price of 0.00002000 is 3309btc or $2,084,670
**I used 0.00002000 as an example. No clue what the price for presale will be or what the price will be when it opens on the market.**
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