[ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts - page 73.

Randy M Kim

member

Activity: 108

Merit: 10

Quote from: cryptoconomist on October 22, 2014, 06:05:00 AM

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention

We hear you. Thank you for your feedback

altcoinUK

hero member

Activity: 784

Merit: 1000

Quote from: NOjust on October 22, 2014, 08:15:53 AM

Quote from: qawzsx on October 22, 2014, 04:52:09 AM

Quote from: dukeneptun on October 21, 2014, 10:47:44 PM

Quote from: NOjust on October 21, 2014, 10:35:50 PM

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.

You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.

how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.

NOjust

sr. member

Activity: 318

Merit: 250

Quote from: qawzsx on October 22, 2014, 04:52:09 AM

Quote from: dukeneptun on October 21, 2014, 10:47:44 PM

Quote from: NOjust on October 21, 2014, 10:35:50 PM

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.

You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.

how can you trust this people behind the coin ?
just because of the transparent btc address?
it's funny, when the ICO is done, all the btc would be gone.
who is your escrow?

g0re79

sr. member

Activity: 476

Merit: 250

I´ve got a picture! Haha!

Quote from: cryptoconomist on October 22, 2014, 06:05:00 AM

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention

6) So far we saw only some fancy website and hear promises, no proof of anything
7) Team behind is full of complete strangers to me (does not matter whether they are sr. members or not)
8 ) No one of so called pros used for marketing probably knows anything about BRO
9) ICO is not escrowed any way, transparent adress is just a joke as You can only watch its funds leaving

-> wish You good luck, but so many scam bells for me.

masternode

sr. member

Activity: 443

Merit: 250

Quote from: cryptoconomist on October 22, 2014, 06:05:00 AM

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention

I would add on this list that this is not a very well timed ICO as well. Bitcoin is about to go on one of it's worst bear stretches over the next 30 days. It is rumored some SEC busts are going to happen in the next few days, Fincen is expected to serve notice to 5 to 6 BTC companies before Money 20/20 on 11/4, and the TA is looking massively bearish already. There's a reason why the regular stock market doesn't push IPO's during bear markets. The same holds true here. People are just much less likely to invest during those stretches. That will be a huge factor on the number of coins this ICO raises.

cryptoconomist

full member

Activity: 226

Merit: 100

I'm pretty sure BRO will not raise 1k BTC in 30 days.

My bet is around 100/200 BTC will be raised, 30 days is definitely too long. There is around 250'000 people "really" following BTC probably 5% of those people followed new coins maybe less.

My view is
1) ICO is too small
2) 7mm give-away is way too large
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short

More importantly I believe having a working platform before asking for BTC would have brought more attention

altcoinUK

hero member

Activity: 784

Merit: 1000

Quote from: Randy M Kim on October 22, 2014, 05:09:58 AM

Quote from: altcoinUK on October 22, 2014, 04:42:11 AM

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling), it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.

Thank you altcoin UK. Trust me this party's not over yet. Still got some options.

The issue - at least what I can see is an issue - is your audience here. Like that dukeneptun guy above who has no idea how to check out a BTC address to look up the transaction history of the address. I don't think this is the best place for a serious operation like yours. There are only a very few sensible and knowledgeable people here like Barabbas and a few others, apart from them the average age here is 18, wannabe investors borrowed $50 from grandpa and play tycoon by writing complete nonsense all over the threads, and again the issue is that their combined wealth is 0.1 BTC the most and there is no available anymore the 10K BTC, what you need.

I am sure you have other options and I wish you the best. You put forward here a transparent team, your use case (gambling) is a perfect area for digital currencies and your success would have only a positive impact on digital currencies in general, so I truly hope you will succeed.

Randy M Kim

member

Activity: 108

Merit: 10

Quote from: altcoinUK on October 22, 2014, 04:42:11 AM

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling), it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.

Thank you altcoin UK. Trust me this party's not over yet. Still got some options.

qawzsx

sr. member

Activity: 280

Merit: 250

NOT FUD! FACTS!

Quote from: dukeneptun on October 21, 2014, 10:47:44 PM

Quote from: NOjust on October 21, 2014, 10:35:50 PM

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.

You should stay away from any altcoin out there dude, you have no idea...
Just check the btc address where all the funds are going. There is transparency 100%, at least for people who have an idea what they are doing in crypto world.

Btw, I can trust the people behind the coin more than I can trust some dudes behind an exchange.

myagui

legendary

Activity: 1154

Merit: 1001

The way that the ICO is structured, it just looks like the early bird bonus is not enough to outweigh the advantage of joining later. A lot of people will probably want to see how much the ICO raises close to day 30, before taking the plunge. Either way, too early to tell...
Cheers!

altcoinUK

hero member

Activity: 784

Merit: 1000

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling), it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.

enryk

full member

Activity: 168

Merit: 100

GreenCoin

Quote from: ofortuna on October 22, 2014, 01:03:28 AM

Quote from: enryk on October 21, 2014, 11:44:03 PM

When I saw Please send between 0.01 and 10,000 BTC. I was out.

Sorry about that Enryk, would you like us to raise the max or lower the min? Grin

Raise the max Wink

I wanted to invest more.

bitarri

full member

Activity: 170

Merit: 100

30 day ICO is waaaaaay toooooo looooong.

I suggest you change it to 7 or 10 days max to create the sense of urgency that the 10% incentive model failed to create.

ofortuna

sr. member

Activity: 252

Merit: 250

Quote from: enryk on October 21, 2014, 11:44:03 PM

When I saw Please send between 0.01 and 10,000 BTC. I was out.

Sorry about that Enryk, would you like us to raise the max or lower the min? Grin

jibble

hero member

Activity: 924

Merit: 1000

Quote from: barabbas on October 21, 2014, 11:53:14 PM

Sorry Breakout but you are not going to have the wildly successful ICO you envisioned. In part because it was overoptimistic given the circumstances, in part because you havent listened: you need to show a WORKING interface of your games, not just composite pictures. You also need to explaing brrgstake much more clearly (and it has to be tradeable too), including those 6 million berstake that will be given out? And finally, since you expect BRO buyers to finance your whole operation INCLUDING time and resources already invested, you need to incentivize early investors much, much more. Otherwise you are going to find it very very difficult to break even the minimum for the project to go ahead.

There's still time. But not much...

Just wanted to mention , the berg stake that was formerly attached to the free giveaway coins to my knowledge has been eliminated

Randy M Kim

member

Activity: 108

Merit: 10

Quote from: barabbas on October 21, 2014, 11:53:14 PM

Sorry Breakout but you are not going to have the wildly successful ICO you envisioned. In part because it was overoptimistic given the circumstances, in part because you havent listened: you need to show a WORKING interface of your games, not just composite pictures. You also need to explaing brrgstake much more clearly (and it has to be tradeable too), including those 6 million berstake that will be given out? And finally, since you expect BRO buyers to finance your whole operation INCLUDING time and resources already invested, you need to incentivize early investors much, much more. Otherwise you are going to find it very very difficult to break even the minimum for the project to go ahead.

There's still time. But not much...

Barabbas. We did listen to some but not to everything. But it's not over yet. We still have various options. Your input is highly regarded to me. Thank you.

barabbas

legendary

Activity: 1162

Merit: 1000

Sorry Breakout but you are not going to have the wildly successful ICO you envisioned. In part because it was overoptimistic given the circumstances, in part because you havent listened: you need to show a WORKING interface of your games, not just composite pictures. You also need to explaing brrgstake much more clearly (and it has to be tradeable too), including those 6 million berstake that will be given out? And finally, since you expect BRO buyers to finance your whole operation INCLUDING time and resources already invested, you need to incentivize early investors much, much more. Otherwise you are going to find it very very difficult to break even the minimum for the project to go ahead.

There's still time. But not much...

enryk

full member

Activity: 168

Merit: 100

GreenCoin

When I saw Please send between 0.01 and 10,000 BTC. I was out.

jaybny

sr. member

Activity: 410

Merit: 250

Proof-of-Skill - protoblock.com

Quote from: brother3 on October 21, 2014, 10:47:57 PM

Quote from: stunt101 on October 21, 2014, 10:27:54 PM

Quote from: jaybny on October 21, 2014, 08:12:09 PM

Quote from: stunt101 on October 21, 2014, 08:10:39 PM

someone tell me how to open the .json file? how do i download the wallet?

if you have the .json file you already downloaded teh wallet. the .json file IS the wallet. please confirm you purchse on site, adn hold on the .json and remember you password. you will need these for breakoutcoin genesis wallet.

So just keep the download link and remember my password, then when the wallet is released I can download it and use it?

When the wallet is released, you will need both of the wallet and the transaction files that were sent to your email as well as your password.
Make backups of the files if you can and do not forget your password.

all you need is your password and a 1 of the .json files.

brother3

hero member

Activity: 980

Merit: 500

Quote from: dukeneptun on October 21, 2014, 10:47:44 PM

Quote from: NOjust on October 21, 2014, 10:35:50 PM

new ICO coin, but without escrow?
only sell the coins in its own websit?

Good point.

What about some transparency?

For example .....no cap for ipo? well...
What if you get 1000 BTC. You can always say that you collected 2000 BTC.
Price will be 2x bigger and you can put 50% of your premine in your own wallet. Right?
Too scary for me....
I´m not investing with these conditions.

Quote

The entire group of management and marketing pros are public figures and well recognized. Many of the individuals have a net worth that is larger than what BRO is attempting to raise?

http://fundraiser.breakoutgaming.com/the-team/

The bitcoin amount accumulated is on the ICO webpage so anyone can look at it at any given time.

http://www.breakoutcoin.com/

Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts - page 73. (Read 243361 times)