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Topic: [ANN][GOLD] BitGold | PoS | Launched | Rare - page 15. (Read 32509 times)

member
Activity: 98
Merit: 10
Really Nice coin

Thankyou, we have put a lot of work into it.
full member
Activity: 210
Merit: 100
Really Nice coin
member
Activity: 98
Merit: 10
Where does IPO money go?

IPO money goes straight into development of services and such for this coin as well as further wallet development etc.

It's looks like a real golden logo  Cheesy
But the coin's name is so worldliness.
there are a lot of coin have a same name.
Escrow IPO is good.
So see you on 6 April.

Thankyou. We went for this name as other coins never properly launched so we would still be the first launched BitGold. Hopefully we will see you at launch.
full member
Activity: 159
Merit: 100
It's looks like a real golden logo  Cheesy
But the coin's name is so worldliness.
there are a lot of coin have a same name.
Escrow IPO is good.
So see you on 6 April.
newbie
Activity: 28
Merit: 0
Where does IPO money go?
member
Activity: 98
Merit: 10
Anyone have any more questions? We are updating the OP now by the way.

What happens if you do not reach the full %4 IPO amount? Does it go to a pre-mine?

You can vote for what happens here: http://coinstack.org/index.php?topic=58.0
member
Activity: 98
Merit: 10
In the description it mentions

Max bars: Only 501,000

Then at bottom it says:

"BitGold will have a maximum of 20,000 to make sure it is low in comparison to some of the coins already out."

so..20,000 what?


A maximum of 20,000 GoldBars for IPO. This means we can get coins into circulation quickly without having massive dumping.
newbie
Activity: 37
Merit: 0
In the description it mentions

Max bars: Only 501,000

Then at bottom it says:

"BitGold will have a maximum of 20,000 to make sure it is low in comparison to some of the coins already out."

so..20,000 what?
newbie
Activity: 28
Merit: 0
Anyone have any more questions? We are updating the OP now by the way.

What happens if you do not reach the full %4 IPO amount? Does it go to a pre-mine?
member
Activity: 98
Merit: 10
Anyone have any more questions? We are updating the OP now by the way.
member
Activity: 98
Merit: 10
looks good. I might join IPO closer to launch.

Sounds good. It is fairly simple to do by yourself but if you have issues please PM us.
member
Activity: 98
Merit: 10
Launch should be about a week from today?

New York Time   Saturday, 5 April 2014 at 10:30:00 PM   UTC-4 hours
London Time   Sunday, 6 April 2014 at 3:30:00 AM   UTC+1 hour
Sydney Time   Sunday, 6 April 2014 at 12:30:00 PM   UTC+10 hours
Moscow Time   Sunday, 6 April 2014 at 6:30:00 AM   UTC+4 hours
Beijing Time   Sunday, 6 April 2014 at 10:30:00 AM   UTC+8 hours
Tokyo Time   Sunday, 6 April 2014 at 11:30:00 AM   UTC+9 hours

Is what we are aiming at.
sr. member
Activity: 294
Merit: 250
Launch should be about a week from today?
newbie
Activity: 28
Merit: 0
looks good. I might join IPO closer to launch.
member
Activity: 98
Merit: 10
pow+pos?
It looks good
What is BitGold?

BitGold is a long term currency made with everybody in mind. The aim for it is to let everybody win. Many coins these days have premined massive amounts which the devs stash away so usually they can sell them later on the open market to make money, the problem with this is that it crashes the coins price and leaves investors holding the bag. A prime example of this is EarthCoin. When the coin launched it had a very high price. The coin was trading in the high hundreds of satoshis. The coin was then thought to have later been slowly dumped on by the developer who help a big premine, now the price is around 20 satoshis. How are investors going to recoup their money when they may already be down x10? The idea behind BitGold is that this coin still needs money to constantly be bringing out new things for this coin. To achieve this without having an unnecessary premine we decided to go with an IPO. Having an IPO means everyone gets the chance to buy into BitGold without worrying about these things going wrong. Because of the high number of IPO scams recently we have decided to go with a trusted escrow site which will be posted with more info below.


Thanks. We wanted to make a coin where everyone can have a go. By doing that you do not need expensive hardware to earn some coin.
sr. member
Activity: 262
Merit: 250
pow+pos?
It looks good
What is BitGold?

BitGold is a long term currency made with everybody in mind. The aim for it is to let everybody win. Many coins these days have premined massive amounts which the devs stash away so usually they can sell them later on the open market to make money, the problem with this is that it crashes the coins price and leaves investors holding the bag. A prime example of this is EarthCoin. When the coin launched it had a very high price. The coin was trading in the high hundreds of satoshis. The coin was then thought to have later been slowly dumped on by the developer who help a big premine, now the price is around 20 satoshis. How are investors going to recoup their money when they may already be down x10? The idea behind BitGold is that this coin still needs money to constantly be bringing out new things for this coin. To achieve this without having an unnecessary premine we decided to go with an IPO. Having an IPO means everyone gets the chance to buy into BitGold without worrying about these things going wrong. Because of the high number of IPO scams recently we have decided to go with a trusted escrow site which will be posted with more info below.
member
Activity: 98
Merit: 10
Is there a maximum amount I can put in? How much do I have to put in to win the GPU?

No there is no real maximum but if we had to put it a cap it would be around 10BTC. Please do not send any more than that. Also any amount over .1 will qualify.

So for .1 I get IPO coins and I get a chance at a GPU? How many investors are there so far?

Yes that is correct. If you are interested please PM or email us. (Or you can use escrow ofcourse)

seems good but why don't you show pictures or something for proof?

Picture available here: http://imgur.com/4FABbQP
Will update the op now with it.

:(gold coin , sometime later it would be gold

What do you mean?

ok. looks good. I will PM you about putting in some BTC for IPO now.

Alright, let us know.
member
Activity: 71
Merit: 10
Is there a maximum amount I can put in? How much do I have to put in to win the GPU?

No there is no real maximum but if we had to put it a cap it would be around 10BTC. Please do not send any more than that. Also any amount over .1 will qualify.

So for .1 I get IPO coins and I get a chance at a GPU? How many investors are there so far?
newbie
Activity: 7
Merit: 0
seems good but why don't you show pictures or something for proof?

Picture available here: http://imgur.com/4FABbQP
Will update the op now with it.

:(gold coin , sometime later it would be gold

What do you mean?

ok. looks good. I will PM you about putting in some BTC for IPO now.
member
Activity: 98
Merit: 10
“This is done to stop investors dumping onto the market straight away which in turn leads to the crash of many coins.”
it feels like a lot longer.

I do not get what you mean? Also the quote button puts it in a quote for you.
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