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Topic: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT! - page 48. (Read 46082 times)

member
Activity: 98
Merit: 10
hero member
Activity: 966
Merit: 501
For those who think that price is too high consider following:

1. Block time is 60 seconds
2. Block reward is only 30 coins

This means that after 24 hours of mining there will be roughly 43 200 coins spread across all mining pools out there. It will take around 5 month of mining to mine 7 000 000 coins that you can buy instantly.

Also we do not expect to gather 700 BTC - it is just an upper limit. Our aim is 70 BTC at least to support further development. This is roughly equals to 700 000 ICO coins (rest will be destroyed by Bittrex) making ClusterCoins even more rare while mining. We had considered all pros and cons of this price and thought it trough.

I'd rather you gather 700BTC, that way mined coin per day is pretty small compared to the total amount available.
If you only gather 70BTC, which is 700k coin, and coins mined per day is 30*1440=43.2k which is 6% of 700k, which isn't a good signal.
legendary
Activity: 1148
Merit: 1000
how about just raised 70BTC for this?

if people are uncertain on the total amount you want to raised, people will not investe into this.

thanks
full member
Activity: 196
Merit: 100
For those who think that price is too high consider following:

1. Block time is 60 seconds
2. Block reward is only 30 coins

This means that after 24 hours of mining there will be roughly 43 200 coins spread across all mining pools out there. It will take around 5 month of mining to mine 7 000 000 coins that you can buy instantly.

Also we do not expect to gather 700 BTC - it is just an upper limit. Our aim is 70 BTC at least to support further development. This is roughly equals to 700 000 ICO coins (rest will be destroyed by Bittrex) making ClusterCoins even more rare while mining. We had considered all pros and cons of this price and thought it trough.
legendary
Activity: 881
Merit: 1006
sr. member
Activity: 308
Merit: 250
it is too expensive to buy it
hero member
Activity: 896
Merit: 500
Ok, this looks nice, i will buy some.
drm
legendary
Activity: 1176
Merit: 1005
this will be called CLUSTERFUCK in a week.

legendary
Activity: 2898
Merit: 1017
A week's job for 700btc.. damn that's a nice reward..

ICO is not attractive..
newbie
Activity: 56
Merit: 0
Nice coin but still seems expensive.
sure it is expensive, he paid 3btc to get listed on bittrex  Grin (and hope for 100btc 700btc in return...  Grin )
Sorry, but I will say scam.
People stupid enough to buy into that should think about sending me also some btc... may-be one day I will make a coin and
you will get some of the ICO  Grin

Icebergcoin has set a very bad example for greedy people who want to get rich fast


you are an idiot if you think ICO investments doesn't pay. I've invested in multiple ICOs and every single one of them made me a nice double or triple return of my investmets
And I'm going to invest here as well since Bittrex guarantees I will get my ClusterCoins. And if I get them I will undoubtedly profit
legendary
Activity: 1400
Merit: 1050
Nice coin but still seems expensive.
sure it is expensive, he paid 3btc to get listed on bittrex  Grin (and hope for 100btc 700btc in return...  Grin )
Sorry, but I will say scam.
People stupid enough to buy into that should think about sending me also some btc... may-be one day I will make a coin and
you will get some of the ICO  Grin

Icebergcoin has set a very bad example for greedy people who want to get rich fast
hero member
Activity: 506
Merit: 500
I think 10k sat as starting price is too high and won´t attract investors. I want to invest into this ICO, but i want - as early investor - a better price.
full member
Activity: 196
Merit: 100
OHHH YEAHHH 36mil coins,and ICO price 10000 sat  Damn you!
36m is the max number after 2 years of POW, assuming that all 7m are sold in the ICO. The amount of coins outstanding initially will be basically what is sold in the ICO, i.e. as low as 700k and not more than 7m.
hero member
Activity: 1008
Merit: 501
bittrex ico

i wish this coin won't be IcebergCoin  V2   again  Cry
legendary
Activity: 882
Merit: 1001
just watch this.

Why did you change your original post?

Sent dev a PM just now.

here:

hi dev,

nice approach to solve the long confirmation problem!

but also some questions:

1 Not intended to FUD, but do you think speed is the most important thing for altcoin development?
       also we do have some fast sha 256 coin, such as carpe diem coin, and the block time is 8 seconds.
2 Also from your post history, it seems you do not have the experience to develop a altcoin? all i can see is get some free coins?
3 Do you need 70BTC or 700BTC in the ipo period?

 Wink

Thanks, if all question been answered, i will invest this for sure.

1. I think that current crypto speed limits really slowing down real life use implementation. BTC is fine for big transactions or non-urgent transactions but really - buying a pack of smokes on your way home is a long shot for BTC. Imagine nearly  instant and hardly traceable transactions without taxes. That`s the potential we see in this.
2. Well I hope proof of dev will answer this question
3. If we gather less than 70 - everyone will get their money back. 700 is the upper limit.
can you show your dev team member?
who are they ? and their btt user names?
full member
Activity: 196
Merit: 100
just watch this.

Why did you change your original post?

Sent dev a PM just now.

here:

hi dev,

nice approach to solve the long confirmation problem!

but also some questions:

1 Not intended to FUD, but do you think speed is the most important thing for altcoin development?
       also we do have some fast sha 256 coin, such as carpe diem coin, and the block time is 8 seconds.
2 Also from your post history, it seems you do not have the experience to develop a altcoin? all i can see is get some free coins?
3 Do you need 70BTC or 700BTC in the ipo period?

 Wink

Thanks, if all question been answered, i will invest this for sure.

1. I think that current crypto speed limits really slowing down real life use implementation. BTC is fine for big transactions or non-urgent transactions but really - buying a pack of smokes on your way home is a long shot for BTC. Imagine nearly  instant and hardly traceable transactions without taxes. That`s the potential we see in this.
2. Well I hope proof of dev will answer this question
3. If we gather less than 70 - everyone will get their money back. 700 is the upper limit.
legendary
Activity: 1073
Merit: 1000
Why are there so many ICOs on Bittrex recently?  Anyways, I see only a rare potential in the coin unless the dev is active.
legendary
Activity: 882
Merit: 1001
just watch this.

Why did you change your original post?

Sent dev a PM just now.

here:

hi dev,

nice approach to solve the long confirmation problem!

but also some questions:

1 Not intended to FUD, but do you think speed is the most important thing for altcoin development?
       also we do have some fast sha 256 coin, such as carpe diem coin, and the block time is 8 seconds.
2 Also from your post history, it seems you do not have the experience to develop a altcoin? all i can see is get some free coins?
3 Do you need 70BTC or 700BTC in the ipo period?

 Wink

Thanks, if all question been answered, i will invest this for sure.
same here as the dev of this coin:
https://bitcointalksearch.org/topic/annuse-usecoin-x13-10-ghash-bittrex-usemarket-launching-in-24-hrs-735355
they all like the free coins before?
newbie
Activity: 54
Merit: 0
OHHH YEAHHH 36mil coins,and ICO price 10000 sat  Damn you!
hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin
the ICO price is just a little steep for me. Let's see where this goes. Smiley
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