[ANN] Viorcoin | Voice & Video Call | ViorNumber | Cheap International Calls - page 189.

Viorcoin

full member

Activity: 210

Merit: 100

Quote from: richiela on November 14, 2014, 06:39:19 PM

We've gotten emails on both sides of this and have been working closely with the devs for the right solution. After much discussion, we have decided that we will put up a buy wall for any users that want a refund. This buy wall be up for 48 hours. Once the buyback period is complete, we will release funds to the developers and open the market. During this time, no one else will be able to place a buy order and the wallet will not be open.

The buy wall will start 11/14 at midnight (7.5 hours from now) and remain open until 11/16 at midnight.

thanks,
richie@bittrex

If you want refund, please kindly sell back your Viorcoin to the buy wall within the time frame given by Bittrex.
Thank you

itsAj

hero member

Activity: 588

Merit: 500

This could be the most profitable ICO ever. Let's see how many people will sell. I'm keeping mine.

magaura

legendary

Activity: 1029

Merit: 1000

finally..

Cryptour

full member

Activity: 126

Merit: 100

Quote from: klopper on November 14, 2014, 06:14:39 PM

ICO Terms was atleast 50% must be sold or ICO investors would get a refund.
Terms was set by developer. Bittrex and ICO buyers agreed to these terms.

As a trusted escrow Bittrex should follow these terms.

Is 48 hours buyback not the same as refund?

Cryptour

full member

Activity: 126

Merit: 100

Quote from: richiela on November 14, 2014, 06:39:19 PM

We've gotten emails on both sides of this and have been working closely with the devs for the right solution. After much discussion, we have decided that we will put up a buy wall for any users that want a refund. This buy wall be up for 48 hours. Once the buyback period is complete, we will release funds to the developers and open the market. During this time, no one else will be able to place a buy order and the wallet will not be open.

The buy wall will start 11/14 at midnight (7.5 hours from now) and remain open until 11/16 at midnight.

thanks,
richie@bittrex

Awesome, I think this is the best way to resolve this.

richiela

hero member

Activity: 937

Merit: 1000

We've gotten emails on both sides of this and have been working closely with the devs for the right solution. After much discussion, we have decided that we will put up a buy wall for any users that want a refund. This buy wall be up for 48 hours. Once the buyback period is complete, we will release funds to the developers and open the market. During this time, no one else will be able to place a buy order and the wallet will not be open.

The buy wall will start 11/14 at midnight (7.5 hours from now) and remain open until 11/16 at midnight.

thanks,
richie@bittrex

klopper

hero member

Activity: 616

Merit: 500

ICO Terms was atleast 50% must be sold or ICO investors would get a refund.
Terms was set by developer. Bittrex and ICO buyers agreed to these terms.

As a trusted escrow Bittrex should follow these terms.

J9901

sr. member

Activity: 490

Merit: 250

Dev already seems unprofessional as fuck.

You set terms with Bittrex then come crying about it when those same terms reached. Remember, you set the terms. Now Bittrex just has to honor those terms and just refund every one back their btc and be done with it. Any changes to those terms now would only make Bittrex look bad.

I for one, am glad that this scam failed.

Viorcoin

full member

Activity: 210

Merit: 100

Buy order should be put up for 48 hours and any left btc should be released. I think this is fair to all parties involved.

codenamethisNutz

sr. member

Activity: 504

Merit: 250

Quote from: Cryptour on November 14, 2014, 03:52:09 PM

Quote from: richiela on November 14, 2014, 12:29:26 PM

All,

I'm not sure how this is our fault. The terms of the ICO was established with the developers input. The terms clearly state that 50% of the target amount must be raised for the ICO to be successful; if the ICO is not successful, funds would be refunded. These were terms that the developers imparted on themselves. We did not dictate these terms.

Once the terms are set however and the ICO is launched, as an escrow agent we are bound by these terms. If we released funds, then someone could complain about that because escrow terms were not met. I'm open to suggestions to making this successful, but thinking we are the at fault here is completely misdirected. We are adhering to terms that the developers wanted and that you agreed to when you took part in this ICO.

thanks,
Richie

Hi Richie:
I think the best solution is to put up a buy wall of 110.06 BTC for 48 hours and if the buy wall goes under 100 btc then refund the whole btc to the investors. If it stays above 100 btc then give the developer the amount raised.

this sounds like a good idea.

magaura

legendary

Activity: 1029

Merit: 1000

ok. decide what tod do already..

Cryptour

full member

Activity: 126

Merit: 100

Quote from: richiela on November 14, 2014, 12:29:26 PM

All,

I'm not sure how this is our fault. The terms of the ICO was established with the developers input. The terms clearly state that 50% of the target amount must be raised for the ICO to be successful; if the ICO is not successful, funds would be refunded. These were terms that the developers imparted on themselves. We did not dictate these terms.

Once the terms are set however and the ICO is launched, as an escrow agent we are bound by these terms. If we released funds, then someone could complain about that because escrow terms were not met. I'm open to suggestions to making this successful, but thinking we are the at fault here is completely misdirected. We are adhering to terms that the developers wanted and that you agreed to when you took part in this ICO.

thanks,
Richie

Hi Richie:
I think the best solution is to put up a buy wall of 110.06 BTC for 48 hours and if the buy wall goes under 100 btc then refund the whole btc to the investors. If it stays above 100 btc then give the developer the amount raised.

richiela

hero member

Activity: 937

Merit: 1000

All,

I'm not sure how this is our fault. The terms of the ICO was established with the developers input. The terms clearly state that 50% of the target amount must be raised for the ICO to be successful; if the ICO is not successful, funds would be refunded. These were terms that the developers imparted on themselves. We did not dictate these terms.

Once the terms are set however and the ICO is launched, as an escrow agent we are bound by these terms. If we released funds, then someone could complain about that because escrow terms were not met. I'm open to suggestions to making this successful, but thinking we are the at fault here is completely misdirected. We are adhering to terms that the developers wanted and that you agreed to when you took part in this ICO.

thanks,
Richie

hala

hero member

Activity: 546

Merit: 500

its difficult to collect 200 BTC now.

dev, good luck

bitcoinnee

full member

Activity: 122

Merit: 100

I don't trust IPO or ICO of any kind,for most of them are scams.

Cryptour

full member

Activity: 126

Merit: 100

Quote from: bitcoin carpenter on November 13, 2014, 06:53:53 PM

Oh well....
Was interested in how competition with kore was going to go, but I guess I'll take the few btc I put in into kore...
Send me a message when you have the wallet and voip all up and running, I'd be interested in reinvesting once you polish out the wallet. Next time remove the shadow cash references.

Also if you are going to stay with the sdc fork keep an eye on their thread, it has had a mess of sync issues.

Did you tested the lite wallet or just only the voip wallet?

Cryptour

full member

Activity: 126

Merit: 100

This is different from other ICO coins that the features are not yet developed. It looked like the developer already developed majority of the features. The ICO was a steal at the closing price.

Cryptour

full member

Activity: 126

Merit: 100

I had high hope for this coin and it's sad to see it crushed by Bittrex.

itsAj

hero member

Activity: 588

Merit: 500

Quote from: Viorcoin on November 14, 2014, 02:04:44 AM

Quote from: itsAj on November 14, 2014, 01:28:57 AM

Quote from: Viorcoin on November 13, 2014, 06:21:31 PM

Unfortunately, Bittrex decided that since the goal of 200 btc was not reached. They will refund back the btc.

I am looking into relaunching the ICO will lower limit either self hosted or on another exchange.

Thank you

Are you kidding me? Why not launch it with the amount you collected now?

The market is slow right now and 110 Bitcoin is a success in my opinion. Even the top volume coins on Bittrex is like 40 bitcoin.

Please wait for official statement, so far they have not said anything publicly about the issue.

Their customer service sucks. I don't want to lose 0.5% of my Bitcoin as trading fees. The best solution is to open the trading.

Cryptock

hero member

Activity: 1792

Merit: 507

Nothing yet on Bittrex Twitter feed Sad

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