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Topic: [ANN][ENVY] Envy Coin | ICO closed - Did not meet Min BTC Refund will start soon - page 4. (Read 43534 times)

member
Activity: 67
Merit: 10
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.
hero member
Activity: 1022
Merit: 1000
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)

I would agree that some of these ico's are people buying up there own designs, look at some of them, they are half arsed and offer nothing more than a ferrari shell with a rover metro engine inside.

I have no idea how this one hasn't gained serious traction.
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)
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?
sr. member
Activity: 439
Merit: 250
mmmmmm
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.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC

My personal speculation is that ICOs these days are an insider game. If you aren't on the inside with a huge network of whales, you won't sell much.

Look at what BitSwift is promising. They're promising to add some features that many other coins have, and then they are promising to add mobile staking wallets (which requires a full node, and is thus probably nearly impossible, not to mention Apple is very adverse to crypto wallets). There was one of the team members that came into #bittrex and asking for leads on a dev that could build the mobile staking wallets for them. This indicates they don't even have a good developer working on this for them full time, determining if the stuff they put in marketing is even possible.

This is all my personal speculation. I would've thought the same thing even if I was not associated with ENVY.
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.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC

I know. I try not to name other coins that surprise me with how much they raise. I have seen more than just them raise that and more with no name accounts and something that is pure speculation. What I mean by that is if they do not succeed with their idea the coin will be worth 0. Envy would need our ideas to bring this coin to everyone to fail as well as cloud mining to fail. Their is less risk compared to most other alt coins.
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.
legendary
Activity: 2688
Merit: 1240
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.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.

Hmm.. BitSwift raised > 320 BTC ... I really wonder why you only have raised like 17 BTC
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.

If this ICO fails like it looks like it will the coin will be canceled there will be no envy. I also will not attempt another coin. This will be a huge financial loss for me. And it shows me that I do not have ideas that most of crypto likes.
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.

No mining when the 83 BTC are not received within the next 3 and a half hours ?

Yes we have a min on the ICO. If the min is not met bittrex will begin refunding. We had to place terms on the ICO and I put a min of 100 BTC because lower than that would really be a waste of people's time. If we made it to 20 and we went with it that would be around $6k which means we would get around 300 ZEN solo. That would be about .18 BTC per day. Split that amongst everyone and it would be pretty small payments. The price of the coin would probably go up because there would be a max of 2 million coins but the real benefit of the coin would be lost. It would be just a pump and dump. We need enough hash power to have the reinvest out pace the decrease in payment.
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.
legendary
Activity: 2688
Merit: 1240
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.

No mining when the 83 BTC are not received within the next 3 and a half hours ?
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.
member
Activity: 67
Merit: 10
If you want this coin to go live make sure you grab it now. I will be on my way back home today. I should get there just after ICO closes.

I want to buy some but my funds have been locked up in Mintpal for over four days. I think they're supposed to be back online at the same time the ico ends :/ Well I'll try and mine it anyway to support the coin.
hero member
Activity: 826
Merit: 500
If you want this coin to go live make sure you grab it now. I will be on my way back home today. I should get there just after ICO closes.
hero member
Activity: 826
Merit: 500
I will let the ICO end at it's scheduled time. The volume has not picked up so there is no reason to drag this on. Either there will be a huge spike in volume or Envy will be canceled.
sr. member
Activity: 284
Merit: 250
Yes, please extend the deadline (I thought you were going to do that anyway as soon as you decided to jump back in). I obviously misunderstood. Anyway, I will be investing in your coin, but it would be far easier for me to do it in a couple of days. I doubt that affects your decision much, but I just wanted to let you know. I think an ending on Thursday or Friday would be good. That gives people some time and is about a week after you said you were back in (if my memory is correct). Also, BTC being down is just horrible timing for a coin like yours, so more time is just prudent.

Just wanted to add my thoughts -- thanks and good luck!
hero member
Activity: 2268
Merit: 507
when mining be possible , uld be nice to know that???
newbie
Activity: 1
Merit: 0
Can You tell exact date and time when mining starts ?
full member
Activity: 238
Merit: 100
FRX: Ferocious Alpha
When is the launch of coin?
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