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Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 59. (Read 490229 times)

hero member
Activity: 750
Merit: 511
slex, devs
What do you think about buy wall at price lower first stage, maybe 420 or 400?
If someone wants to go - welcome, but others will be more confident and in the thread will be less noise.
sr. member
Activity: 420
Merit: 250
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.

Was this series of staggered phases specified in the initial terms?  Where?

After all, you can't violate your initial terms.



We can by mutual agreement, this is true of any contract.




It's pretty clear you don't have the "mutual agreement" of the parties that gave you the funds to hold in escrow.

Or are they just irrelevant in your mind?
sr. member
Activity: 392
Merit: 250
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.


How will you judge if the terms have been met? My wallet won't open. That is a fact. Others have said the same.

Syscoin is already done.
Devs should concentrare on getting back respect of their investors.
It seems that Syscoin is beyond repairing now.
Moolah had their chance to save their asses but instead they chickened.
Angry investors are going to rape this coin.

If I decide to bet 0.1 BTC that this coin won't get back to 700 satoshi this year will Moolah escrow me? I am serious about this.
full member
Activity: 224
Merit: 100
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.

Was this series of staggered phases specified in the initial terms?  Where?

After all, you can't violate your initial terms.




yes, please kindly provide the devs their vacation money in full
sr. member
Activity: 378
Merit: 250
2 billion coins in total

i wonder how high this coin can actualy go ( i personaly think 100 sat per coin is a lot ) wen all 2 billion coins are in circulation

what did the ipo go for 500 sat a coin ? ( kinda pricy right ?

Very good point. The number of coins makes the 500 Sat price unsustainable. The realistic price should be max 90 Sat.

I will start to buy the coin when it is at 50 Sat which won't be very long, I predict by the end of the week.


you are just about right

Given how long it will take for all of those coins to come into circulation it will either be worth much more than that by then if it is successful, or it will have failed. Of course that has little bearing on the short term price though.
member
Activity: 74
Merit: 10
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.

Was this series of staggered phases specified in the initial terms?  Where?

After all, you can't violate your initial terms.



We can by mutual agreement, this is true of any contract.
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.


How will you judge if the terms have been met? My wallet won't open. That is a fact. Others have said the same.

At 6PM GMT, we will be moving in to a review period. Others have said that, true; but others have also said they have no problems. It is a clusterfuck of a situation.
full member
Activity: 224
Merit: 100
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.


I dont think we're talking about damage in the same sense. I'm referring to opportunity cost - in terms of what could've been, which you might never know. You have no idea who might have but will never do business with you as a result of this, and to what extent that's missed business that you might very well need desperately in the future - it's a pretty unstable and heavily manipulated global economy out there with thinning profit margins for most Western businesses (one of the very reasons for cryptocurrencies in the first place).

To describe this coin as functional on day one is laughable - just look at this thread. What percentage of all ICO addresses were able to facilitate transactions? And apparently, it's still dysfunctional. I've never seen such a terrible launch with a slapped-up Litecoin/NXT mish-mash of a wallet.
newbie
Activity: 42
Merit: 0
2 billion coins in total

i wonder how high this coin can actualy go ( i personaly think 100 sat per coin is a lot ) wen all 2 billion coins are in circulation

what did the ipo go for 500 sat a coin ? ( kinda pricy right ?

Presale was 300,000,000 coins

After 18 months there will be a total of 82,944,000 coins mined.

After 6.5 years there will be a total of 265,420,800 coins mined.

265,420,800 + 300,000,000 + 60,000,000 (dev premine and bounties) = 625,420,800

625,420,800 at 518 sats = 3239btc

3239btc = $1,619,500

So after 6.5 years if the price stays at 518 sats it is 3239btc or $1,619,500 market cap. Don't you think that is kinda small for a market cap 6 years from now? Especially if a lot of people use this coin? Don't you think the price will go up?

After 15.5 years there will be 468,633,600 coins mined. At 518 sats that is $1,215,500 not including the presale or dev or bounty coins.  Coins in 15 years will have multi million market caps. This coin will too.
hero member
Activity: 560
Merit: 504
I know the voices in my head aren't real.
are there anymore node? i only have 8 in the conf.
sr. member
Activity: 420
Merit: 250
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.

Was this series of staggered phases specified in the initial terms?  Where?

After all, you can't violate your initial terms.

sr. member
Activity: 478
Merit: 250
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.


How will you judge if the terms have been met? My wallet won't open. That is a fact. Others have said the same.
newbie
Activity: 7
Merit: 0
The upgrade failed. Sell and save yourself.
sr. member
Activity: 334
Merit: 250
It seems that the decision was made.
This coin is voot all over again.
full member
Activity: 224
Merit: 100
2 billion coins in total

i wonder how high this coin can actualy go ( i personaly think 100 sat per coin is a lot ) wen all 2 billion coins are in circulation

what did the ipo go for 500 sat a coin ? ( kinda pricy right ?

Very good point. The number of coins makes the 500 Sat price unsustainable. The realistic price should be max 90 Sat.

I will start to buy the coin when it is at 50 Sat which won't be very long, I predict by the end of the week.


you are just about right
member
Activity: 74
Merit: 10
Looks like Moolah has already made its decision, and so has the market.

These so-called "devs" will abandon the coin soon after the escrow is released to them.
And, even if they don't, they're incompetent and they're not professional C++ developers or effective project managers, for that matter.

The only hope for SYS as far as market confidence  is new management with hard-core development expertise and street cred.

I disagree with the Moolah CEO - I think the opportunity cost and reputational damage will be more severe than you expect. You think you would've learned from Mintpal.

If we decide not to refund, the escrow will be released in a series of staggered phases to ensure continued development. We are also considering contributing an experienced developer to the team temporarily to help them with minor issues.

While I am sure there will be some damage, we cannot breach our contract and the terms stipulated.
zsp
full member
Activity: 181
Merit: 100
2 billion coins in total

i wonder how high this coin can actualy go ( i personaly think 100 sat per coin is a lot ) wen all 2 billion coins are in circulation

what did the ipo go for 500 sat a coin ? ( kinda pricy right ?

Very good point. The number of coins makes the 500 Sat price unsustainable. The realistic price should be max 90 Sat.

I will start to buy the coin when it is at 50 Sat which won't be very long, I predict by the end of the week.
member
Activity: 75
Merit: 10
Because this coin has such a low price ?, will rise?
newbie
Activity: 48
Merit: 0
200 Satoshi tomorrow, doesn't matter though because this is a long term coin  Wink
legendary
Activity: 952
Merit: 1000
I think half the btc should be returned to us.

Like that will happen...

If our review shows that the Syscoin team has completely failed, and refunds are necessary, there will be a full refund.

If our review shows that the Syscoin team has met their contractual obligations, and refunds are not necessary, there will not be a partial refund. However, we are recommending a staggered release to ensure continued development.

Mate, why are you still bothering to respond to these idiots who will complain no matter what?  They keep acting like the world is ending then wonder why the price of the coin is falling.   These kind of people are a cancer for all crypto and responding to them only makes them feel justified in their BS.  Just let them keep complaining hopefully they will eventually give up and move on to another coin so SYS can be given a chance to recover. The rest of us are going to get on with our lives.
hero member
Activity: 840
Merit: 1000
slex, why you don't see many ppl said they can't open the wallet, why you just ignore them and insist your wrong judgement?

For your reputation, you should do some compensations for us. At least buy support
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