[ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 88.

stormia

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Quote from: goblynn on August 19, 2014, 04:57:11 PM

Quote from: Bigcabrito on August 19, 2014, 04:45:36 PM

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peercoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

forgetting the darkcoin instamine so soon??

Lol. Jinx.

kelvng105

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Activity: 267

Merit: 250

Quote from: Bigcabrito on August 19, 2014, 04:45:36 PM

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peercoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

Seriously? DRK has about 50% ~~premine~~ sorry .instamine

stormia

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Activity: 868

Merit: 1000

Quote from: Bigcabrito on August 19, 2014, 04:45:36 PM

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peercoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

I thought everybody knew about the huge Darkcoin instamine

goblynn

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Quote from: Bigcabrito on August 19, 2014, 04:45:36 PM

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peercoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

forgetting the darkcoin instamine so soon??

lvyuan95

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Activity: 196

Merit: 100

Quote from: Bigcabrito on August 19, 2014, 04:45:36 PM

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peecoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

Let me get your point more straight forward:

There are only two type of IPO investors, type one people who support this project, and type two people who want to make money out of it. And you, at least need to make your IPO investors happy, both type of investors. But look at everything now, are your type one investors happy? I'm afraid not. How about type two? lol you tell me?

So here's the solution, to make type one people happy, you are working hard right now, that's good to see, and please keep it up. To make type two people happy, you need to set up buy wall on 516 sat ASAP, more investors going in will always benefit your project.

Bigcabrito

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Activity: 504

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Communications Lead

Quote from: danosphere on August 19, 2014, 04:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peercoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

Bitcycle

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Activity: 420

Merit: 250

Quote from: ?? on ??

Quote from: Bitcycle on August 19, 2014, 04:37:00 PM

Oh cool, SYS for sale under the early ipo price, and without tying up money for weeks. Neat.

Grin

good for you, but there are many people upset about this,..just fyi

Yes, and their emotion is causing them to sell into my bids. Their loss, my gain. Feel free to keep doing it.

Bitcycle

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Activity: 420

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Oh cool, SYS for sale under the early ipo price, and without tying up money for weeks. Neat.

Grin

danosphere

legendary

Activity: 1036

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Syscoin- Changing the way people do business.

Quote from: Bigcabrito on August 19, 2014, 04:18:27 PM

Quote from: vicvelcro on August 19, 2014, 04:13:24 PM

And their job is to develop a coin, not to subsidize you. That's what you have a mommy and a daddy for.

Mommy and Daddy, really. Grin

They didn't need 1000+ BTC to develop, you can do that without funding. Many developers build a coin without any funding. It's not their job to just "develop a coin", they went deeper due to requesting money from investors. Thanks for your input though, have a great day.

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

Quote from: ?? on ??

Your Twitter bio says you're partners, yet you don't know if they spent your BTC or not? I think Moola indeed has to clarify something here

We are not myopically focused on the rewards here (but we do need them to keep goin) and we have faith in the product we're producing.

Moolah is our partner and we trust them. We did agree that a decent portion of the 250btc could be applied as buy support at their discretion given the launch issues.

Bigcabrito

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Communications Lead

Quote from: vicvelcro on August 19, 2014, 04:24:22 PM

And the quality and longevity of those other coins you refer to? How many were scams? How many were glitched or failed to launch?

Do you spend months on a project working with a team and do you and all the members of your team work for free? I don't work for free. I do my work very well. My hobbies are what I do for free because I enjoy them and the quality is directly proportional to my interest.

So, how about you and your pals all get together for a quarter of a year and make us a coin, then pay us if we aren't savvy enough to make our own profit trading the free coin you guys are gonna be giving us right around Thanksgiving time. And throw in a turkey to feed my visiting relatives. Hey, pay for their gas to drive out and visit me, too.

Great talk, thanks for the inspiring words. Have a good day.

Lucky Cris

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Activity: 280

Merit: 250

Quote from: danosphere on August 19, 2014, 03:36:34 PM

Quote from: Minted on August 19, 2014, 03:25:33 PM

Got to say how refreshing it is to see devs delivering on promises, easily contactable, problem solving, and so level headed in the face of so much unsubstantiated fud!
There may be hope for the altcoin world after all. Well done!

THANK YOU

We are working very hard to do things right moving forward and learning from earlier mistakes. Syscoin is very unique and even though there were some issues- this is a huge codebase to launch, and we're incredibly excited to see its potential realized as people realize its stable and can be built upon.

Hey!!! I wanted to give the devs prop too Tongue

lol

But yes, I couldn't agree more. I don't know much about this coin, but I'd suspect that you guys' level of professionalism transferred over to the operational side of the house.

danosphere

legendary

Activity: 1036

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Syscoin- Changing the way people do business.

Quote from: Xircom on August 19, 2014, 04:10:24 PM

Good Work Dev.
Keep up the spirit and hard work, there is still many who support s the coin :-)
Were mining from the start, but now buying when still cheap :-)

Thumbs up From Denmark

Thanks! And a big Hello to Denmark! Love crypto, such a global community Cheesy

. You don't get this kinda of community in many other contexts.

vicvelcro

full member

Activity: 196

Merit: 100

WARNING: I say "F*CK". A Lot.

And the quality and longevity of those other coins you refer to? How many were scams? How many were glitched or failed to launch?

Do you spend months on a project working with a team and do you and all the members of your team work for free? I don't work for free. I do my work very well. My hobbies are what I do for free because I enjoy them and the quality is directly proportional to my interest.

So, how about you and your pals all get together for a quarter of a year and make us a coin, then pay us if we aren't savvy enough to make our own profit trading the free coin you guys are gonna be giving us right around Thanksgiving time. And throw in a turkey to feed my visiting relatives. Hey, pay for their gas to drive out and visit me, too.

Quote from: Bigcabrito on August 19, 2014, 04:18:27 PM

Quote from: vicvelcro on August 19, 2014, 04:13:24 PM

And their job is to develop a coin, not to subsidize you. That's what you have a mommy and a daddy for.

Mommy and Daddy, really. Grin

They didn't need 1000+ BTC to develop, you can do that without funding. Many coins develop a coin without any fund. It's not their job to just "develop a coin", they went deeper due to requesting money from investors. Thanks for your input though, have a great day.

Bigcabrito

hero member

Activity: 504

Merit: 500

Communications Lead

Quote from: vicvelcro on August 19, 2014, 04:13:24 PM

And their job is to develop a coin, not to subsidize you. That's what you have a mommy and a daddy for.

Mommy and Daddy, really. Grin

They didn't need 1000+ BTC to develop, you can do that without funding. Many developers build a coin without any funding. It's not their job to just "develop a coin", they went deeper due to requesting money from investors. Thanks for your input though, have a great day.

profitofthegods

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Activity: 378

Merit: 250

Quote from: deadliftbrah on August 19, 2014, 04:09:22 PM

I think the FUD comes from the Millennial generation, not all, but some have a chip on their shoulder from having missed out on the on the lottery type returns that BTC/LTC granted. 2014 didn't generate the same kind of returns (DRK being the exception) and those who entered having missed the "boat" have been frustrated and angry and typical of the generation very opinionated and expressive on how they feel about this.

It's partly fueled by the constant stream of narcissism and materialism that we see via instagram/facebook/reality tv seems everyone wants to party like Dan Bilzerian but they don't want to work for it.

In short if a coin doesn't make these individuals independently wealthy overnight, they feel they've been robbed and will quickly let you know how shit your coin is.

That's just my 2 sys, what do I know...

+1, although I feel myself turning into a grumpy old man a little early in my life as I agree with you about 'kids these days'.

vicvelcro

full member

Activity: 196

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WARNING: I say "F*CK". A Lot.

And their job is to develop a coin, not to subsidize you. That's what you have a mommy and a daddy for.

Quote from: Bigcabrito on August 19, 2014, 04:11:20 PM

Quote from: vicvelcro on August 19, 2014, 03:58:15 PM

Freeloading, eh?

Do you create a fund from your profits and return it to all the devs of coins you dabble in? Why should these devs subsidize you?

I still don't quite grasp the demand for entitlement that you and people similar to you are exhibiting.

You have something mixed up, my priorities and ways of making profits are very different from a coin developer or may I call it a "Company". I am a digital currency trader (along with many others), my profits do not concern anyone else besides myself. But, this "Company" sold itself to investors and offered an IPO, which in turn entitled investors. They have thousands of investors to look out for, I don't owe anything to anyone.

Bigcabrito

hero member

Activity: 504

Merit: 500

Communications Lead

Quote from: vicvelcro on August 19, 2014, 03:58:15 PM

Freeloading, eh?

Do you create a fund from your profits and return it to all the devs of coins you dabble in? Why should these devs subsidize you?

I still don't quite grasp the demand for entitlement that you and people similar to you are exhibiting.

You have something mixed up, my priorities and ways of making profits are very different from a coin developer or may I call it a "Company". I am a digital currency trader (along with many others), my profits do not concern anyone else besides myself. But, this "Company" sold itself to investors and offered an IPO, which in turn entitled investors. They have thousands of investors to look out for, I don't owe anything to anyone.

Xircom

legendary

Activity: 938

Merit: 1000

Good Work Dev.
Keep up the spirit and hard work, there is still many who support s the coin :-)
Were mining from the start, but now buying when still cheap :-)

Thumbs up From Denmark

deadliftbrah

sr. member

Activity: 272

Merit: 250

I think the FUD comes from the Millennial generation, not all, but some have a chip on their shoulder from having missed out on the on the lottery type returns that BTC/LTC granted. 2014 didn't generate the same kind of returns (DRK being the exception) and those who entered having missed the "boat" have been frustrated and angry and typical of the generation very opinionated and expressive on how they feel about this.

It's partly fueled by the constant stream of narcissism and materialism that we see via instagram/facebook/reality tv seems everyone wants to party like Dan Bilzerian but they don't want to work for it.

In short if a coin doesn't make these individuals independently wealthy overnight, they feel they've been robbed and will quickly let you know how shit your coin is.

That's just my 2 sys, what do I know...

danosphere

legendary

Activity: 1036

Merit: 1001

Syscoin- Changing the way people do business.

Quote from: PondSea on August 19, 2014, 03:54:58 PM

Dev that is all well and good but wasn't the 250btc given to you on the pretext of setting up buy support, which you didn't do then had to send the money back?

I beleive this was confirmed by moolah rep.

No. There were issues with the launch that is why we returned it. It has absolutely nothing to do with us setting up buy walls or not. It was merely a portion of the total owed us upon delivery, the rest was scheduled to be delivered after the network was running properly for a certain amount of time and then we ran into issues the next morning. That is when we returned the BTC to Moolah. Nothing to do with buy support.

It is my understanding is that Moolah used BTC from the fund AS buy support but I will let them clarify this point. If this is the case then when the team fixes the last remaining issue with the daemon (merged mining, sendmany cmd), they will be receiving some portion of BTC and some portion of SYS that was purchased using the BTC owed to the team. We have until 18:00 GMT 8/20 to deliver these fixes.

If the team is getting additional SYS we plan on holding it, we're all about holding Wink

Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 88. (Read 490229 times)