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Topic: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹 - page 246. (Read 227603 times)

hero member
Activity: 686
Merit: 501
Blockchain Just Entered The Real World
I don't think they can raise enough money, BTC price is still rising and they collect investment only with BTC.
Even if I ignore the emptiness of the project, timing is very bad for Boscoin.
full member
Activity: 182
Merit: 100
https://boscoin.io
Given the BTC has been up is the price of 40,000 BOS still 1 BTC?
Yes, the exchange rate is 1 BTC = 40,000 BOS.
The minimum deposit is 0.01 BTC
newbie
Activity: 35
Merit: 0
Given the BTC has been up is the price of 40,000 BOS still 1 BTC?
full member
Activity: 182
Merit: 100
https://boscoin.io
We're providing special contribution bounty awards
for members who have been active in the BOS community.
Congratulations @scottmatheina!
full member
Activity: 182
Merit: 100
https://boscoin.io
Hello dev
Why I do not get the stake from my signature campaign, But I've joined long enough only in the count slack only Angry Angry

If you have slack account than ask them for quicker response they are very active on that channel. Maybe you forgot to submit your application.
The BOScoin ICO starts on May 10, 2017 (GMT). Join the BOScoin ICO by registering at the link below!
https://boscoin.io/member/join/?lang=en
full member
Activity: 182
Merit: 100
https://boscoin.io
Hello dev
Why I do not get the stake from my signature campaign, But I've joined long enough only in the count slack only Angry Angry
The public bounty program is updated every Friday.
legendary
Activity: 1750
Merit: 1004
Hello dev
Why I do not get the stake from my signature campaign, But I've joined long enough only in the count slack only Angry Angry

If you have slack account than ask them for quicker response they are very active on that channel. Maybe you forgot to submit your application.
sr. member
Activity: 1022
Merit: 252
Hello dev
Why I do not get the stake from my signature campaign, But I've joined long enough only in the count slack only Angry Angry
legendary
Activity: 1354
Merit: 1000
Very low fee for a signature company, the equivalent of $ 6,110, so I just invest in ico.
member
Activity: 94
Merit: 10
Just to illustrate my point further:

I don't know exactly when the pre-ico started and finished, but by taking an approximate average from mid-November to mid-Januar, the price was probably on average around $850 per BTC. Then they were given 50000 boscoin per BTC (just choosing the highest reward out of convenience).

Now the price is about $1450 (at the time of writing) for one BTC and the reward during the ico will be 40000 per BTC.

That means that average cost in USD per boscoin during the pre-ICO was USD $0.017.

During the ICO that price will be (unless BTC drops) USD $0.036. That is over double the price in the pre-ICO!

Getting 10-20% less than the pre-ICO is acceptable, but there is no way I'd buy in at less than half the value of what they got.

Then buy it after the ICO - no is constraining you do to participate. They pegged the value to BTC rather than USD accepting any risks of fluctuations and it paid off in their favour, what's wrong with that? Had it been the other way round I doubt you'd have complained.

If it had been the other way around, they would appearantly not have met their financial goals and value of their project would have become zero. It is a bit concerning really that a serious project like this is into gambling..

And of course I will wait. It is also possible BTC will crash during the ICO.
nov
sr. member
Activity: 433
Merit: 251
Independent crypto developer
1. Will there be a way to run securely full node on VPS server without risking 40000 boscoin?
Something like dash masternode?

2. How much can be earned with 40000 boscoin fulltime 24/7 running node? What is the ROI here, please?
In percentage?

3. How many, what will be the initial amount of boscoin existing, available when the project will start?
member
Activity: 83
Merit: 10
Just to illustrate my point further:

I don't know exactly when the pre-ico started and finished, but by taking an approximate average from mid-November to mid-Januar, the price was probably on average around $850 per BTC. Then they were given 50000 boscoin per BTC (just choosing the highest reward out of convenience).

Now the price is about $1450 (at the time of writing) for one BTC and the reward during the ico will be 40000 per BTC.

That means that average cost in USD per boscoin during the pre-ICO was USD $0.017.

During the ICO that price will be (unless BTC drops) USD $0.036. That is over double the price in the pre-ICO!

Getting 10-20% less than the pre-ICO is acceptable, but there is no way I'd buy in at less than half the value of what they got.

Then buy it after the ICO - no is constraining you do to participate. They pegged the value to BTC rather than USD accepting any risks of fluctuations and it paid off in their favour, what's wrong with that? Had it been the other way round I doubt you'd have complained.
member
Activity: 94
Merit: 10
Just to illustrate my point further:

I don't know exactly when the pre-ico started and finished, but by taking an approximate average from mid-November to mid-Januar, the price was probably on average around $850 per BTC. Then they were given 50000 boscoin per BTC (just choosing the highest reward out of convenience).

Now the price is about $1450 (at the time of writing) for one BTC and the reward during the ico will be 40000 per BTC.

That means that average cost in USD per boscoin during the pre-ICO was USD $0.017.

During the ICO that price will be (unless BTC drops) USD $0.036. That is over double the price in the pre-ICO!

Getting 10-20% less than the pre-ICO is acceptable, but there is no way I'd buy in at less than half the value of what they got.
member
Activity: 94
Merit: 10
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

Sorry. If we first decided to peg boscoin to USD we can, but we announced the ration based on BTC at first.

It is not easy for us to change the first announced policy.

It is relatively easy. What you can do is to look back at what the bitcoin price was during the pre-ICO, then calculate the number of coins issued based on USD and then make a calculation so the ICO provides 10% less coins now per USD.


More important issue is that if we calculate that, ICO participant will get much more BOScoin than Pre-ICO participants with the same BTC. I think they will not accept this.

Well, yeah. But in dollars they will get the same. And as of yet, I think most people cash out in fiat to eat and buy goods, so in real world value, the ICO participants would be getting less.
full member
Activity: 182
Merit: 100
https://boscoin.io
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

Sorry. If we first decided to peg boscoin to USD we can, but we announced the ration based on BTC at first.

It is not easy for us to change the first announced policy.

It is relatively easy. What you can do is to look back at what the bitcoin price was during the pre-ICO, then calculate the number of coins issued based on USD and then make a calculation so the ICO provides 10% less coins now per USD.


More important issue is that if we calculate that, ICO participant will get much more BOScoin than Pre-ICO participants with the same BTC. I think they will not accept this.
member
Activity: 94
Merit: 10
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

Sorry. If we first decided to peg boscoin to USD we can, but we announced the ration based on BTC at first.

It is not easy for us to change the first announced policy.

It is relatively easy. What you can do is to look back at what the bitcoin price was during the pre-ICO, then calculate the number of coins issued based on USD and then make a calculation so the ICO provides 10% less coins now per USD.
full member
Activity: 182
Merit: 100
https://boscoin.io
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

Sorry. If we first decided to peg boscoin to USD we can, but we announced the ration based on BTC at first.

It is not easy for us to change the first announced policy.
member
Activity: 94
Merit: 10
Made a calculation of approximate market share on $1000 USD investment, considering 500 million circulating coins (which will happen fairly quickly after the ICO) and the present BTC price. The market share gained from this investment is less than 0.0002%. A horrendous figure by all standards. I generally refuse to participate in ICO's that will not give me a 0.001% market share or better on an ICO.

I believe in the project, but it's so overpriced it's incredible. I will not invest in this ICO unless I'd get approximately 150000 boscoin for a $1000. I will rather wait for it's release on an exchange and then get my acceptable entry price. Because I'm sure that will happen. It will dump first thing.

If we follow your calculation, we can't make development budget. It means that even if you participate this project, your 150000 boscoin for a $1000 would be zero in the end. This is not good for all.

I see what you mean, but your development budget does not dictate what the market is willing to pay for. If you provide too expensive coins during the ICO, you may not get enough investors to raise the kind of capital you want to. A low ICO price is supposed to be a reward for being early into something. A reward for that they show you the trust during a risky startup.
member
Activity: 94
Merit: 10
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

We also reviewed the issue but there is no other way. Because there are many people who participated pre-ICO with fixed ration, first 50,000:1, second 45000:1 total. This ICO we decided 40:000:1 and announced that already several months before. If we change the ratio now, there will be another dispute. I think this is the problem that every ICO projects are in trouble with this issue. 

We think we can't change the ratio now. Sorry.

A lot of projects pin their price to USD and it removes the issue to a great extent.
full member
Activity: 182
Merit: 100
https://boscoin.io
I'm out too - I believe in Boscoin but the ICO doesn't make financial sense especially since it is getting more expensive by the day.

If you want a successful ICO I would strongly recommend reducing the price since the Boscoin price is fixed and BTC keeps going up.

We also reviewed the issue but there is no other way. Because there are many people who participated pre-ICO with fixed ration, first 50,000:1, second 45000:1 total. This ICO we decided 40:000:1 and announced that already several months before. If we change the ratio now, there will be another dispute. I think this is the problem that every ICO projects are in trouble with this issue. 

We think we can't change the ratio now. Sorry.
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