noo, stop pumping, i dont have my SYS yet:(
Why?
Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 5. (Read 490248 times)
Why?
or just delete my posts 
seems transparency is an issue around here?
seems transparency is an issue around here?No, but blatant FUD is. And that is all you are doing..
And bad, bad math.
or just delete my posts seems transparency is an issue around here?
seems transparency is an issue around here?No, but blatant FUD is. And that is all you are doing..
Newbie account or not, figures dont lie. so your claiming my "figures that are already inaccurate" would you please care to explain. yes in 50years when crypto is dead in a hole you will own 2% of supply, but as it is NOW at this current time you together own 48% of supply. if your claiming im incorrect, you are a liar. please correct me Smiley i hope your maths skills are better than your coding Smiley
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts seems transparency is an issue around here?
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts
seems transparency is an issue around here?If they have 48 % then it is good for the coin ,they are not dumping but keeping them save and it will help syscoin in the long run.
Newbie account or not, figures dont lie. so your claiming my "figures that are already inaccurate" would you please care to explain. yes in 50years when crypto is dead in a hole you will own 2% of supply, but as it is NOW at this current time you together own 48% of supply. if your claiming im incorrect, you are a liar. please correct me Smiley i hope your maths skills are better than your coding Smiley
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts seems transparency is an issue around here?
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts
seems transparency is an issue around here?LET ME ASSIST YOU. DEV PREMINE = 2% = 40mil coins.
TOTAL CURRENT SUPPLY = 365,687,774.29701695.
TOTAL SUPPLY CONTROLLED BY DEVS THAT IS NOT MOVING FOR A LONG TIME = 40,000,000 / 365,687,774.29701695 = 10.9%
Now please stop with your terribly bad math.
All of the other SYS that was purchased as buy support is not in our hands. We don't get it for ~5months AND it will be in a public wallet as well. The above figures are accurate until the next block is found, at which point our % continues to decrease. noo, stop pumping, i dont have my SYS yet:(
Why?
Newbie account or not, figures dont lie. so your claiming my "figures that are already inaccurate" would you please care to explain. yes in 50years when crypto is dead in a hole you will own 2% of supply, but as it is NOW at this current time you together own 48% of supply. if your claiming im incorrect, you are a liar. please correct me Smiley i hope your maths skills are better than your coding Smiley
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts seems transparency is an issue around here?
this is really bad, investors are being completely buttraped. For transparecy, could you please hire someone with competent basic math skills to do the math and please report back as to what percent of current supply the devs and partnership own? (whether they are in the hands of you or your partnership)
or just delete my posts
seems transparency is an issue around here?
noo, stop pumping, i dont have my SYS yet:(
Here is some actual news that was last in the less-productive chatter:
Hi I might be being a bit silly here, how can this benefit miners sure the block reward will increase but wont that be offset by the increased hashrate and difficulty making it harder to find blocks. Sureley Merge mining would be the first choice to increase rewards?
Both will have a similar effect. Merged mining will improve the distribution, regen will improve rewards. In either case it will lead to more miners which will increase the hashrate and the difficulty so specifically in terms of hashrate/diff I think that merged-mining and fee regen yeild a similar result.
Reposting; this is why we need a new thread. This will be in OP of new thread (as well as the full roadmap, this is only the 1-3mo outlook):
Just want to say that we are looking to push out a 0.1.4 release later today/tonight with Service Fee Regeneration working for miners (higher block rewards). We're working on a rollout plan now and will have news shortly with an official release time. Seems there was also some progress on merged mining as well overnight. Will update community shortly.
Hi I might be being a bit silly here, how can this benefit miners sure the block reward will increase but wont that be offset by the increased hashrate and difficulty making it harder to find blocks. Sureley Merge mining would be the first choice to increase rewards?
Both will have a similar effect. Merged mining will improve the distribution, regen will improve rewards. In either case it will lead to more miners which will increase the hashrate and the difficulty so specifically in terms of hashrate/diff I think that merged-mining and fee regen yeild a similar result.
@DEV, this coin is a long-term project, but can you post the roadmap and timelines in detail and do it as planed, it will lead this coin to the right way, it's very very important in current situation!
Reposting; this is why we need a new thread. This will be in OP of new thread (as well as the full roadmap, this is only the 1-3mo outlook):
To reiterate, and this will be clearly posted in the new thread later today [ROADMAP]:
- Merged Mining and Service fee regeneration (we are working on this now on testnet, we have regen working and MM but there was an issue with MM + services which we're ironing out right now). <- this will constitute the NEXT release aka 0.1.4 and will happen very soon, we're not launching things without overly testing now.
- ESCROW. We already have stubs in the code and this is the next feature to be implemented
- END TO END ENCRYPTION USING SYSCOIN KEYS - This is after escrow
- SERVICE FEE SCHEDULE FINALIZATION (after 90 day period, dynamic pricing will go into effect)
- QT WALLET IMPROVEMENTS (services in wallet, with nice UIs)
- (in parallel with the above, the non-C devs on the team): Building web-based service demos on top of all our four launch services all of which are properly functioning.
The above represents a 1-3month roadmap and will be clear in the new post, which will be up later today we were drafting it yesterday but then focused on Merged-mining later in the day.
We will begin shipping rewards this week pending the first payout from the fund, we have all of the gear ready to go out the door!
- Merged Mining and Service fee regeneration (we are working on this now on testnet, we have regen working and MM but there was an issue with MM + services which we're ironing out right now). <- this will constitute the NEXT release aka 0.1.4 and will happen very soon, we're not launching things without overly testing now.
- ESCROW. We already have stubs in the code and this is the next feature to be implemented
- END TO END ENCRYPTION USING SYSCOIN KEYS - This is after escrow
- SERVICE FEE SCHEDULE FINALIZATION (after 90 day period, dynamic pricing will go into effect)
- QT WALLET IMPROVEMENTS (services in wallet, with nice UIs)
- (in parallel with the above, the non-C devs on the team): Building web-based service demos on top of all our four launch services all of which are properly functioning.
The above represents a 1-3month roadmap and will be clear in the new post, which will be up later today we were drafting it yesterday but then focused on Merged-mining later in the day.
We will begin shipping rewards this week pending the first payout from the fund, we have all of the gear ready to go out the door!
Pump is happening already 0.000004.
So its 140btc on top of 250btc + 59m sys . My bad! So I still dont see a problem. Moolah is less likely to dump, then the manipulating whale. Moolah will probably sell in parts when price hits x5 ...
thats fine, but he isnt less likely to dump than anyone, he brought as an investment. if he brought on dips i guess you could say it was insider trading, as he had control of escrow so he knew the future news. which would be considered highly illegal in trading stocks, but hey.. these arent stocks.
i just find it disturbing that the partnership and the developers own 48% of the current supply + 1500BTC, and investors are down 30% of initial investment. Its just worrying, how did this happen, shouldnt they own like 2% current supply of premine, or 0% since they have 1500btc.
it just feels a bit rough that devs are up almost 1million dollars USD from zilch, and investors are down 30% due to developer incompetence, lack of skill and poor time keeping skills.
and i did, i brought 1btc worth @ 470 and sold straight away @ 670. Im not moaning, im just concerned for other investors who diddnt get out in time and concerned the developers aren't being transparent enough.
Devs aren't up anything- we worked for 6months on this thing and are still waiting for a payday. The payout from Moolah is a long-term payout over months- this should increase investor confidence as WE AREN'T GOING ANYWHERE (never were). We are getting payments to fund the development as we keep moving, and we are moving. Also it is your choice as an investor to sell at a loss. There are people who are holding- you chose to sell it seems. We were quite clear prelaunch that this was a big undertaking and be ready for some hiccups at launch.
Yes Moolah spent 250btc of the fund on "early buy support" (we agreed to this) to allow investors to exit without major losses if they so chose. We will not be spending any more funds on that- we need all current and future funding to go towards development, marketing, and partnerships. We have 2% of the entire SYS supply to be mined- the fact that you're comparing this figure to the current supply makes very little sense other than to just try and incite people with large % numbers in bold text. Unless you are updating this number on a block-by block basis it is already inaccurate. We've been very clear about the fact that we are holding the SYS longer-term as others have called out its incentive to grow its value- and its in a publicly visible wallet HERE (2% dev + 1% bounty). We do not currently have access to the 250btc of SYS purchases as buy support but they will be in a public wallet soon as well.
Newbie account repeatedly posting bold comments about figures that are already inaccurate.
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
Yep and will move to our new thread tonight. New thread will have clear rules about WHAT will be moderated. Sorry for all the people looking for news and updates and getting blocked by less-than-productive posts by others.
I am with you.
So its 140btc on top of 250btc + 59m sys . My bad! So I still dont see a problem. Moolah is less likely to dump, then the manipulating whale. Moolah will probably sell in parts when price hits x5 ...
thats fine, but he isnt less likely to dump than anyone, he brought as an investment. if he brought on dips i guess you could say it was insider trading, as he had control of escrow so he knew the future news. which would be considered highly illegal in trading stocks, but hey.. these arent stocks.
i just find it disturbing that the partnership and the developers own 48% of the current supply + 1500BTC, and investors are down 30% of initial investment. Its just worrying, how did this happen, shouldnt they own like 2% current supply of premine, or 0% since they have 1500btc.
it just feels a bit rough that devs are up almost 1million dollars USD from zilch, and investors are down 30% due to developer incompetence, lack of skill and poor time keeping skills.
and i did, i brought 1btc worth @ 470 and sold straight away @ 670. Im not moaning, im just concerned for other investors who diddnt get out in time and concerned the developers aren't being transparent enough.
Devs aren't up anything- we worked for 6months on this thing and are still waiting for a payday. The payout from Moolah is a long-term payout over months- this should increase investor confidence as WE AREN'T GOING ANYWHERE (never were). We are getting payments to fund the development as we keep moving, and we are moving. Also it is your choice as an investor to sell at a loss. There are people who are holding- you chose to sell it seems. We were quite clear prelaunch that this was a big undertaking and be ready for some hiccups at launch.
Yes Moolah spent 250btc of the fund on "early buy support" (we agreed to this) to allow investors to exit without major losses if they so chose. We will not be spending any more funds on that- we need all current and future funding to go towards development, marketing, and partnerships. We have 2% of the entire SYS supply to be mined- the fact that you're comparing this figure to the current supply makes very little sense other than to just try and incite people with large % numbers in bold text. Unless you are updating this number on a block-by block basis it is already inaccurate. We've been very clear about the fact that we are holding the SYS longer-term as others have called out its incentive to grow its value- and its in a publicly visible wallet HERE (2% dev + 1% bounty). We do not currently have access to the 250btc of SYS purchases as buy support but they will be in a public wallet soon as well.
Newbie account repeatedly posting bold comments about figures that are already inaccurate.
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
Yep and will move to our new thread tonight. New thread will have clear rules about WHAT will be moderated. Sorry for all the people looking for news and updates and getting blocked by less-than-productive posts by others.
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
will you delete my posts? they are not fud and im not yelling. just trying to get some transparency.
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
+1
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
Good call, new thread would be prefered.
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
Thanks
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
Guys. Just a heads up.. Going to start moderating.. Way too much shouting and screaming and FUD at this stage..
We are here and working, but just not going to reply to crap. Pointless
We are here and working, but just not going to reply to crap. Pointless
We all need to work together like nxt community.Let us make some platforms for syscoin to trade.It can be games ,gambling sites,market place ,etc.Why you all are relying only on DEVs?Lets work together.Why dont we just invest some amount for new projects.
What a joke.Why don't you just invest yourself and make all these things ?We already invested in this scam coin.
If you invest in this coin, please make something positive, shit messages help nothing, if you are a FUDDER, you know what you should go, you are not welcome here.
@Darkslash you havent paid attention havent you? Moolah bought coins with devs bitcoins, because people wanted support at ipo price.
And there you have it, support is gone and devs end up with more syscoin. That amount of sys will be returned to devs in 6months from now if I understood correctly. Thats wrong for you too? Damn you just cant please the mass...
Devs kept their word for supporting the coin at ipo price and now you are fudding about it?
And there you have it, support is gone and devs end up with more syscoin. That amount of sys will be returned to devs in 6months from now if I understood correctly. Thats wrong for you too? Damn you just cant please the mass...
Devs kept their word for supporting the coin at ipo price and now you are fudding about it?
@Pmalek, you havent payed attention have you? 250btc buy support was out of the devs btc. In a complete separate transaction, moolah has purchased 140btc worth of sys. get your facts straight. If you still fail to believe, check moolah's twitter posts, its confirmed 140btc was purchased by him.
for the last time this is not FUD, why is it that everytime someone posts proof or facts, desperate holders try to call it lies?
Devs just because you guys promised to be transparent, could you please confirm the percentage of syscoin you currently own from premine and buy support walls. as it stands my calculations come to 34% of current supply, and your partnership (moolah) a further 14% of current supply. Your investors are waiting.
Where are you getting these "Facts" from because it sounds like BS to me?
The Devs havent had any payment from Moolah (they apparantly returned the first 250BTC when the coin launch hit problems), and as far as im aware have never stated that they will be putting that entire first lump sum into buy support.
If i remember a few pages back one of the devs said that a few of the team were aiming to use "some" BTC to try offer buy support but thats all that was said - nothing has happened yet because theyve not had any money? - At least this is my interpretation of the whole thing.
Id be suprised if theres been 250BTC SUM in trades across all exchanges since the thing launched tbh, as volumes have been incredibly low. Bittrex has had an average of about 17 BTC per day, Cryptsy 3 - 5 BTC today - your telling us theyve bought the entire damn supply up?
As for Moolah - they can buy whatever they want its nothing to do with the Devs. If you wanted to buy in 140 BTC worth at launch you think it would be THAT HARD to make a few payments of the 25BTC max as different users etc?
im not even going to bother to argue with you, your obviously a desperate holder trying to break even, so you dismiss everything as FUD and lies.
OK so you want proof eh?
lets lay this out for you in simple terms.
1. ok premine is 59million, (as seen here: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici)
2. DEVs openly brought 250btc worth (65m) (as buy support) - as discussed in previous thread. search it
3.. moolah brought 140btc worth of the ICO (notice it says ICO, not after launch) (here: https://twitter.com/moolah_io/status/501022140230299648)
159million syscoins total owned by the partnership and developers- 48% of current supply. or would you still like to claim FUD?
Never claimed FUD - simple passed on my understanding of the situation and view and you've got your knickers in a twist. I hold some coins sure, but less than 0.3 BTC worth so not overly concerned one way or another.
TBH the whole damn situation should just be laid out in the "new thread" thats been coming for days on end. Lay everthing on the line: who does what, who owns what, whats coming when etc
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