Topic: [ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* - page 122. (Read 582960 times)

i hope SYS coin goes back to its price and above

I got 100,00 SYS on it for the winner if you guys do race

Where does syscoin fit in with all the stuff in the pipeline right now like open bazaar, ethereum, medici etc..? It seems like all the functionality that sys will offer is being done by other projects. What will be unique to sys that no one else will have?

I'll race you! I still need to install VS though, so hopefully I can start tonight.

I'll race you! I still need to install VS though, so hopefully I can start tonight.

It just looks to me like they are saying, "Thanks for investor money but we are off berry picking at the moment, please be patient, we'll get back to doing the finish work on the wallet, 'we promise'."  And now investors are running for the door holding their back side.  Knowing sh!t runs downhill, where does that put anyone that buys into it now?

LoL - I had the same thought last night. I was going to write it in C# or something and open source it.

Wow, two pages from last night of just BS.

Look, developers keep telling us, over and over they are sticking this through, they are going after Ryan and getting BTC back, but also still working on coin.

If you guys cannot see the importance of going after Ryan then i don't know what to say, scammers must not be a concern enough for you. I fully support their decision to go after him and make an example and restore faith in cryptos and this even helps out mintpal customers that lost coins. This is bigger than just syscoin, it's about nature of scamming in cryptos and needs to be addressed if cryptos are to move forward and be taken seriously.

That being said sure it would be nice to have some full time marketing, PR, BUT, with what funds, and also what is their to market yet? Not until the finished product for the storefront is out, and users can add to it, it's just wasted hype for those wanting a quick buck.

Also I see a much bigger problem here in cryptos, it's fact that coins cannot move past the getting out of being tied to BTC, and outside of community yet. This always cause constant hype, constant news in order to keep investors happy, since resources just move from coin to coin. For example someone probably dumped not cause they don't believe in syscoin, just cause BTC was raising in prices so they dump to take advantage of prices rises in BTC or other alts, then might come back and get syscoin cheaper than before.

This is a problem for all coins, we need to detach from BTC and not be pegged to it's prices and fluctuations that are not stable at all.

This is why prices don't matter right now, unless you are buying. But if you hold, who cares. This coin like some others in 2.0 are trying to breach the BTC peg and get out to mainstream with building a product, not by developing new gadgets and toys to play with that seem neat.

That being said, once syscoin gets their btc back and is in full swing AS THEY STATED WILL WRAP UP IN DEC, stop bitching and let them do their jobs.

I SWEAR CRYPTO COMMUNITY ACTS LIKE BUNCH OF ADHD CHILDREN SOMETIMES. Give them some time, they have fully be transparent with us, read the blog updates, I am starting to think nobody reads them, or this is purposeful attempt at FUD.

I think tonight I'm gonna write a win32 app that talks to the wallet so there's an answer for this marketplace that people can use without console commands. Better stock up on coffee!

Again, they need a working product that end users will not have to read a page of instructions to enter text into the console to put an item up, as previously explained that much is trivial on the programming side of it, they should be at the part of beefing up security of that aspect by now and building websites around it is a moot point without the GUI in the wallet.  This is a prerequisite to people buying into it, without that, it is not ready for market as it is not a viable product.

I don't disagree with your point about a wallet UI. It's definitely needed to properly maintain the decentralized nature of the marketplace.

All I wanted to clarify is that "investor confidence" is not the only thing (or even the main thing) that will drive value in Syscoin. Short term, the market cap is based on investors buying the coin off exchanges, this is true. Long term, the volume that people are buying coin off exchanges should be dwarfed by businesses using syscoin for infrastructure and miners earning regenerated fees.

A wallet UI is important for PR for the marketplace, or to demonstrate how it works, but again - if they are marketing to businesses, those businesses would build their own UI anyways (hence the website POCs).

Again, they need a working product that end users will not have to read a page of instructions to enter text into the console to put an item up, as previously explained that much is trivial on the programming side of it, they should be at the part of beefing up security of that aspect by now and building websites around it is a moot point without the GUI in the wallet.  This is a prerequisite to people buying into it, without that, it is not ready for market as it is not a viable product.

Again, this is only true in the short term. Bitcoin, litecoin, dogecoin etc their value is only determined by the demand to purchase the coin by end users. Either to hold the coin or use it to purchase goods / gamble / tip etc.

Syscoin will create innate value as the businesses who leverage sys technology *require syscoin to pay for the services they use*. There will always therefore be a scaling demand - as new businesses come on board, demand for sys will increase. For the business, this is part of their infrastructure operating costs.

The businesses pay their operating costs in syscoin, the syscoin is regenerated as fees to miners, who sell it back to the businesses and in turn make back their own ROI on their mining hardware.

Meanwhile, those true investors who have kept a hold of millions of sys, get to take part in the supply chain. As long as we don't flood the market, the value of our portfolio can only increase as demand increases from new business coming online (selling off a little at a time to make our own income/ROI).

(As an aside, eventually, the price of the services themselves (in sys) will go down to balance out the increasing demand and subsequent coin value, so that the business's infrastructure costs don't continue to increase as the price of the coin goes up - so the businesses are protected)

Syscoin isn't marketed to investors and users. It is marketed to businesses (new and existing). Investors with the balls to "baghold" get to come along for the ride

Bigger question is why are you here? If your not an investor at this point, might wanna just cut your loses and move on to next ICO pump and dump. I'm being serious. Most of us here now invested in syscoin cause of the innovation, which will follow in time with much higher profits than a pump and dump.

If that a bad trader and got stuck holding syscoin, then maybe trading is not your thing, might wanna try something else.

Yes, that is a sign, GUI level programming is not within the core programming of the wallet and in fact not a difficult task and at most may require a couple more VAR entries to core programming of wallet.  Console is announced as working and usable.  Why isn't the GUI?

The line between risk and stupidity runs very thin.  Without investor confidence the coin will not have value.  No value, no market, no trade.

An investor that ignores the facts is not an investor for very long.  The cart cannot be put before the horse.  Innovation is a quality promised by the dev's of this coin, so far only promised, as such the value on the exchanges has fallen as a result in loss of investor confidence creating a surplus that directly relates to the coin's value it is traded at.  Ignorance has no stop loss points.