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Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 9. (Read 490248 times)

legendary
Activity: 924
Merit: 1000
this is really terrible, how did it turn out that the devs+moolah ended up with 45% of the syscoin supply AND 1500btc. seems investors are the only ones out of pocket here, sad really.

And you need to stop spreading FUD.. Just think about the statement (and use some basic maths ) and you will see how FLAWED it is.. Fail, fail badly lol
Not even going to humor you by doing it for you..
full member
Activity: 238
Merit: 100
this is really terrible, how did it turn out that the devs+moolah ended up with 45% of the syscoin supply AND 1500btc. seems investors are the only ones out of pocket here, sad really.
member
Activity: 84
Merit: 10
Last week was a bit of a nightmare for us and a lot of the initial plans, posts etc got pushed out due to these.


The nightmare was self-inflected. Just as an observer at this point - I'm curious about how you're going to change the market's perception that the same team that brought about the botched and widely ridiculed launch will do better going forward. What did you do wrong, what did you learn from this and how will you manage things differently (with different people?) going forward?
do us a favour sling your hook sdersdf2..u love floating from coin to coin talking down on devs work .. u won,t buy crypto..your now called the fud floater lol  you observe all types of coins and then come out with all fud talk..SO SLING IT  bye
hero member
Activity: 616
Merit: 500
yeah SYS needs some PR guy with good trust etc. currently it doesnt look good at all

Yes, bring in Iconic Expert. I want cheaper coins Smiley
SYS is the best long term Investment in crypto now. Those who cannot see this now will be the same ones buying our coins at a much higher price.I dont care if its 200 or 800 sat now, it will be worth MUCH more in the near future. Just buy , put in cold storage and forget about them for a while. Smiley
legendary
Activity: 924
Merit: 1000
Last week was a bit of a nightmare for us and a lot of the initial plans, posts etc got pushed out due to these.


The nightmare was self-inflected. Just as an observer at this point - I'm curious about how you're going to change the market's perception that the same team that brought about the botched and widely ridiculed launch will do better going forward. What did you do wrong, what did you learn from this and how will you manage things differently (with different people?) going forward?

Not sure I would call DDOS, blockchain attacks etc self-inflected. Full roadmap and a plan forward are being prepared, but not going to be released until all partners and Devs agree on it and its fully ready.
Until then I am not going to get drawn into talking about it.
full member
Activity: 224
Merit: 100
Last week was a bit of a nightmare for us and a lot of the initial plans, posts etc got pushed out due to these.


The nightmare was self-inflected. Just as an observer at this point - I'm curious about how you're going to change the market's perception that the same team that brought about the botched and widely ridiculed launch will do better going forward. What did you do wrong, what did you learn from this and how will you manage things differently (with different people?) going forward?
member
Activity: 112
Merit: 10
i have full faith with syscoin coz the dev and moolah exchange.It's time to buy some cheap coins
member
Activity: 73
Merit: 10
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?

Any coins that we (the dev's) have from the initial premine are in cold storage. These addresses will be posted shortly, there will be no sell off of these for a very long time. I will have to dig out the details, but will post them when I have them.
As for the others from the buy support its the exact same.

It doesn't take long to post the addresses of your premine quantity so we can validate it on the block explorer. If you choose not to show us just say it. You have to be transparent and post it. Don't say you will post it. I'm trying to help and I am a supporter of this coin but very recently your PR is suffering. Here is some constructive criticism:

Don't say you will do something shortly or within the few hours and not explain why you didn't deliver:
Example, locking this thread. You guys have been talking about it but it's still up.
Also, merged mining. You kept saying it will be released very soon with the next version but now it isn't the case and the wallet isn't out in spite of it releasing "shortly".

My advice is give yourselves a few days of buffer time before you announce that you will release something.
It looks bad if you don't deliver, and in regards to not immediately sharing your addresses, it looks shady.
I'm really trying to help your image here.

Good point. The problem is that I don't personally have those addresses so it is a bit hard for me to post. Dan and Moolah have them, and since Dan is on EST and its a bank holiday in the UK where Moolah is based its pretty hard for me to get them at this point in time.
So shortly is when Dan gets up and can post them.
Last week was a bit of a nightmare for us and a lot of the initial plans, posts etc got pushed out due to these.
Dan did post an update earlier in the thread. New thread will be opened and this one will be locked when we push out 0.1.4 and not a moment sooner.

OK, Nice. thanks for the info.
Keep your heads up, things will be brighter. You have a a lot of supporters!
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
yeah SYS needs some PR guy with good trust etc. currently it doesnt look good at all
legendary
Activity: 924
Merit: 1000
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?

Any coins that we (the dev's) have from the initial premine are in cold storage. These addresses will be posted shortly, there will be no sell off of these for a very long time. I will have to dig out the details, but will post them when I have them.
As for the others from the buy support its the exact same.

It doesn't take long to post the addresses of your premine quantity so we can validate it on the block explorer. If you choose not to show us just say it. You have to be transparent and post it. Don't say you will post it. I'm trying to help and I am a supporter of this coin but very recently your PR is suffering. Here is some constructive criticism:

Don't say you will do something shortly or within the few hours and not explain why you didn't deliver:
Example, locking this thread. You guys have been talking about it but it's still up.
Also, merged mining. You kept saying it will be released very soon with the next version but now it isn't the case and the wallet isn't out in spite of it releasing "shortly".

My advice is give yourselves a few days of buffer time before you announce that you will release something.
It looks bad if you don't deliver, and in regards to not immediately sharing your addresses, it looks shady.
I'm really trying to help your image here.

Good point. The problem is that I don't personally have those addresses so it is a bit hard for me to post. Dan and Moolah have them, and since Dan is on EST and its a bank holiday in the UK where Moolah is based its pretty hard for me to get them at this point in time.
So shortly is when Dan gets up and can post them.
Last week was a bit of a nightmare for us and a lot of the initial plans, posts etc got pushed out due to these.
Dan did post an update earlier in the thread. New thread will be opened and this one will be locked when we push out 0.1.4 and not a moment sooner.
member
Activity: 73
Merit: 10
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?

Any coins that we (the dev's) have from the initial premine are in cold storage. These addresses will be posted shortly, there will be no sell off of these for a very long time. I will have to dig out the details, but will post them when I have them.
As for the others from the buy support its the exact same.

It doesn't take long to post the addresses of your premine quantity so we can validate it on the block explorer. If you choose not to show us just say it. You have to be transparent and post it. Don't say you will post it. I'm trying to help and I am a supporter of this coin but very recently your PR is suffering. Here is some constructive criticism:

Don't say you will do something shortly or within the few hours and not explain why you didn't deliver:
Example, locking this thread. You guys have been talking about it but it's still up.
Also, merged mining. You kept saying it will be released very soon with the next version but now it isn't the case and the wallet isn't out in spite of it releasing "shortly".

My advice is give yourselves a few days of buffer time before you announce that you will release something.
It looks bad if you don't deliver, and in regards to not immediately sharing your addresses, it looks shady.
I'm really trying to help your image here.

legendary
Activity: 924
Merit: 1000

Where can i find SYS Roadmap?? trying to keep been optimistic here....


For those asking about roadmaps or no clear path forward - this is why we are locking this thread and moving to a new one. We have posted this information multiple times but its been lost in the avalanche of pages here. 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're talking now about rolling out Service Fee Regeneration as its own release without merged mining, within the next day or so. Details to follow shortly lots of stuff going on today.
legendary
Activity: 924
Merit: 1000
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?

Any coins that we (the dev's) have from the initial premine are in cold storage. These addresses will be posted shortly, there will be no sell off of these for a very long time. I will have to dig out the details, but will post them when I have them.
As for the others from the buy support its the exact same.
legendary
Activity: 924
Merit: 1000


You do realize they are waiting til there is a stable wallet for mining.. I've been on ipominer.com for quite some time, if they say there is still issues.. you can bet there is still issues , I believe its with the daemon. someone should maybe pop in #ipominer and have a chat with the pool Op there. The potential hashrate is huge if you get them on board.

I starting mining with IPOMiner as I've used them before but then they disabled everything and locked the funds.. while there was some issues, it was for a very short time...and then no updates from them,  and no release of the SYS that was already mined...  since they disabled their port and literally a few minutes after the announced  fork I've been mining on Syscoin.me (almost a week now) with not a single issue and received every coin from them without issue..so mining is working.. also great support from them, very active with the community via IRC.. while it would be great for SYS if IPOMiner could update and it would bring a large amount of hashpower if they put it in the rotation and direct port, at this point I am sticking with Syscoin.me for my mining.

Aye, Syscoin.me is indeed good, and are doing great support. As for IPOMiner, no idea. We will reach out to them again shortly
member
Activity: 60
Merit: 10


You do realize they are waiting til there is a stable wallet for mining.. I've been on ipominer.com for quite some time, if they say there is still issues.. you can bet there is still issues , I believe its with the daemon. someone should maybe pop in #ipominer and have a chat with the pool Op there. The potential hashrate is huge if you get them on board.

I starting mining with IPOMiner as I've used them before but then they disabled everything and locked the funds.. while there was some issues, it was for a very short time...and then no updates from them,  and no release of the SYS that was already mined...  since they disabled their port and literally a few minutes after the announced  fork I've been mining on Syscoin.me (almost a week now) with not a single issue and received every coin from them without issue..so mining is working.. also great support from them, very active with the community via IRC.. while it would be great for SYS if IPOMiner could update and it would bring a large amount of hashpower if they put it in the rotation and direct port, at this point I am sticking with Syscoin.me for my mining.
full member
Activity: 137
Merit: 100
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?
sr. member
Activity: 406
Merit: 250
I really like the new roadmap. Sys seems to be the only coin now that could follow the path of most succesful coins in crypto.
full member
Activity: 137
Merit: 100
So will there be any changes after a lot of displeasure shown by people?

As I mentioned we'll be reviewing the reward schedule and there will almost certainly be a change there. I think many of the other miscalculations and misinformation that was posted by others in earlier pages has been clarified at this point.

Yes a lot of general fud but also some genuine concern. I really wish the total supply be cut in half. The mining rewards be tweaked so they dont impact early risk takers

No. Just leave it as it is. Early risk takers or not, this is a coin where you hold for a long time for profit.

ofcourse its fud and so is your post. "long time for profit" huh re-evaluate mate. you stand to make 10x profit on launch ,not guaranteed but based on previous coins with innovation it can. not talking a overnight thing but it will and im not talking months and as businesses look to syscoin, your talking cementing its position in the top 10. the mistake people will make is holding this coin for short period and they will just watch rise and rise. ipo price will not be seen again.
sr. member
Activity: 266
Merit: 250
I think there's a great future for syscoin and have seen some of it's features live in terms of business on he black chain - in addition to running a pool, I'm also a syscoin miner and love the coin.

I've been working closely with the devs in terms of providing details on wallet crashes, etc and they're a pleasure to work with and very responsive.

I give this coin a big thumbs up!
sr. member
Activity: 398
Merit: 250

Where can i find SYS Roadmap?? trying to keep been optimistic here....
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