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Topic: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon - page 3. (Read 43529 times)

member
Activity: 65
Merit: 10
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.

what time the official launch, set the countdown again, thank you!
member
Activity: 65
Merit: 10
win-qt where?

Unfortunately the coin is not launching (yet)... 

Didn't you read the last few pages?  Smiley
thx!
hero member
Activity: 826
Merit: 500
win-qt where?

Yea we need a lot more sales before bittrex closes the market. My guess is that they might leave it open because of all the should we extend it or not discussion.
legendary
Activity: 2660
Merit: 1240
win-qt where?

Unfortunately the coin is not launching (yet)... 

Didn't you read the last few pages?  Smiley
member
Activity: 65
Merit: 10
sr. member
Activity: 431
Merit: 250
So, are we gonna mine or not? i'm a little confused Huh

At this point it looks like the coin will not meet the minimum. Which means there will be no envy. This coin waded based on getting enough funds to actually help. I could be like some of the anon dev and have not had a min and just take what you guys gave me. But I actually had a plan for the funds and it requires a minimum amount to do anything.

To bad, was a great idea.
legendary
Activity: 2660
Merit: 1240
Shout out to your wife!  Smiley  mine hates it when I Hand over the wheel to her because of "Computer things"  Wink
hero member
Activity: 826
Merit: 500
Btw we have to give a shout out to my wife for driving so I can try to answer questions while we are driving home. Grin
hero member
Activity: 826
Merit: 500
So, are we gonna mine or not? i'm a little confused Huh

At this point it looks like the coin will not meet the minimum. Which means there will be no envy. This coin waded based on getting enough funds to actually help. I could be like some of the anon dev and have not had a min and just take what you guys gave me. But I actually had a plan for the funds and it requires a minimum amount to do anything.
sr. member
Activity: 431
Merit: 250
So, are we gonna mine or not? i'm a little confused Huh
hero member
Activity: 826
Merit: 500
You'd be doing things a lot smaller, but there would still be returns and therefore the coin would remain asset-backed. Sticking to the reinvest plan should mean profit grows, albeit slower, but less coins might offset this to an extent, in terms of value.

Just doing quick math in my head if we did drop the min a go with what we have now we would earn around .18 btc per day. Then take away fees it would be close to .12 per day. We would only be able to get 1 Mh more per week with reinvestment. I just don't see it working on this small of a scale.
legendary
Activity: 1260
Merit: 1000
Holy cow!  I can't fricken believe more has not sold:-(  It's just insane to see other ICOs doing so well and this one having such a hard time, unbelievable where people choose to invest their money!! 

It flat out SUCKS this isn't gonna make it, was a GREAT idea with a trustworthy dev:-(

Really sorry Tom for the hit you are taking on this man!
member
Activity: 76
Merit: 10
Ubermaster
You'd be doing things a lot smaller, but there would still be returns and therefore the coin would remain asset-backed. Sticking to the reinvest plan should mean profit grows, albeit slower, but less coins might offset this to an extent, in terms of value.
hero member
Activity: 826
Merit: 500
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


I thought of that but it would need to be 1 sat different. Otherwise the buy wall and sell wall would execute each others order. Sorry for any mistakes texting from car.
member
Activity: 76
Merit: 10
Ubermaster
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?


Good idea. I'd go with that.
sr. member
Activity: 345
Merit: 250
Just a half-baked thought. Set a buy wall and sell wall at 2000 sats, with the max coin cap at 5 mill. That way those who want out, can get refund, and more buyers can come in.Might be a waste of time, but it seems more are willing to wait, than ready to bail. IDK might just create more stress for the dev, any other thoughts?
member
Activity: 76
Merit: 10
Ubermaster
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.

I just don't know how to keep this open. I am all ears. Bittrex can't do a ton because they still have to protect the buyers. I know they give me a more leeway than others because they trust me. But at some point we have to go based on terms of the ICO.

You guys know what is amazing. There are some pretty big users ( rep wise) very few newbies in here. And this is probably the least fud thread I have seen for a new coin. I am about hit the road so I will be off for 5 hours. Please post ideas. I will check from my phone as time gets closer. I just don't see how I can ask bittrex to hold everyone's coins for a few days when we hope to sell more than 4 times what has been sold to date. I do not think they would be ok changing the min BTC to complete ICO.

You'd have to find a way for those who want out to get their BTC back. I think Bittrex and those committed to seeing this through would prefer a middle ground where everybody's happy.
hero member
Activity: 826
Merit: 500
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.

I just don't know how to keep this open. I am all ears. Bittrex can't do a ton because they still have to protect the buyers. I know they give me a more leeway than others because they trust me. But at some point we have to go based on terms of the ICO.

You guys know what is amazing. There are some pretty big users ( rep wise) very few newbies in here. And this is probably the least fud thread I have seen for a new coin. I am about hit the road so I will be off for 5 hours. Please post ideas. I will check from my phone as time gets closer. I just don't see how I can ask bittrex to hold everyone's coins for a few days when we hope to sell more than 4 times what has been sold to date. I do not think they would be ok changing the min BTC to complete ICO.
hero member
Activity: 826
Merit: 500
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

The only thing I could say is join Firecoin. I have this small scale over there. That is were I tweaked the method to know this could be scaled. The problem is I don't know who to gain the funding to expand. The only think I could think of is fork Firecoin with a higher coin count. We would have to freeze the market and then have large block with ICO coins. Every holder of Fire would hold theirs or do a swap for new coin but I don't even know if it is possible. Earls would have to speak to that. He would also have to be willing to join that team IF it could work. Otherwise it would be all donation based.
member
Activity: 76
Merit: 10
Ubermaster
There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.

What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.

You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.

So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?

Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)

Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.

I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.

Please rethink. I know this is an emotional time for you, personally and professionally but you are the first to think of this. Someone else will just cheaply pick up all your hard work and launch another coin with the same elements and you'll kick yourself.
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