Let me make a short summary out of this.
1) We had faith in this coin as a moneymaker
2) We invested in this because this was a sure bet we either get satoshi rich or we get back the money
3) Somebody put some damn walls so we can sell and retrieve the investment
4) It seems we bet on the wrong horse now but we still want our money back
You were right , that is no FUD , it's a child crying after he lost his marbles.
Agreed. I see absolutely no reason to give a refund. No other crypto refunds and they have been KNOWN SCAMS. This coin is not a scam, the ICO was final. Deal with it and start spreading good vibes about SYS. Cause there ai'nt no other way you're getting back an ROI otherwise.
Ok another of moronic posts on this thread. 1. show me an ICO of these KNOWN SCAMS which reached 1500 BTC? Answer is none. So the amount at stake is huge.
2. Trust in the ICO was based on moolah' rep and devs promise of a refund if working product is not delivered. That's is why it sold 1500 BTC. Go check another ICOs running right now. Some barely make past 10-20 BTC. Ones hosted on C-CEX/BITTREX etc are touching 100 BTC with effort.
Now there are bound to be comparison with CRYPTI which raised 750 BTC too. But, the price of IPO was super cheap and ICO investors could dump their coins without loss if they were not agreeable to the term of delay.
SYSCOIN had a pricey IPO and then delayed their launch. People buying are stuck and saying shit like NO REFUND or THERE ARE OTHER KNOWN SCAMS is not going to help anyone. Just refund or put a buy wall and let people exit.
I'll address your points.
1. I'm talking about crypto in general. Refunds are just not part of the landscape. You buy, you take the risk. I know of no other ICO close to as large as SYS.
2. Again, the trust in Moolah should be taken as is. He promised to buy back if nothing was delivered to his terms. Read the fineprint HIS terms. Not yours, not mine, HIS. He set the deadline and what counted as an acceptable level of wallet status. It will reach that and the ICO will be released. People may have mis-interpreted Moolah to mean, if you're not 100% happy with your purchase at any time in the future irregardless of what happens, he will buyback your portion of the ICO. He never claimed such a thing. B uy walls, refunds, they all mean that people can exit without being responsible FOR THEIR OWN RISK.
Moolah and Sys devs are not beholden to anyone who makes a claim after they signed the agreement of the ICO.
The price WILL go down. People are angry. Devs made a fumble. But again, the risk was the shareholder's to bear. I for one am holding my coins as I believe this coin will last.
I think you are not getting it through your head:
1. It was because refunds were promised that this coin achieved this size. If not, it would have finished trying to cross 100 BTC. So it was promised, need not be part of this space.
2. You are mistaken, here's another thread which can be quoted -
https://bitcointalksearch.org/topic/warning-regarding-moolahio-escrow-745005 . Read it twice and over again. There were no TERMS AT ALL. Moolah might be arbitrating this deal but as you put it those are HIS terms not something which came out of public disclosure.
And while my post will be termed as FUD, its funny that there are people who want to support the coin say stupid things without reading the terms themselves. Read the reward schedule in the OP. There was a promise of a buy support. If not, forget 1500 BTC, these guys wouldn't see past 100 BTC. Now I have to wonder who is more moronic - guys like you or the devs who are fooling the public.