Topic: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW! - page 80. (Read 164088 times)

Yes it was a misunderstanding I sold the IPO to my friends, because no one else want to take part! BUT IPO holders have all their IPO in their account (or at this point IPO1 sent already, IPO2 and IPO3 is still in the Premine account).

I got BTC and FIAT for IPO, I had the BTC in the donation account which is in my signature. As I said before I spend it all, because I asked only that I thought is enough for starting the coin.
If you want to know the BTC/GRE ratio, here it is: 1 GRE was 0.000002 BTC.

You got your answer, but please do not try to use it to spread FUD about it. It was as I thought it suits my need. End of discussion.

2nd thought: If you try to say that the IPO holders then can sell their IPO right after the price will reach that point, that is a pointless discussion, because as Janoss666 stated, he is a long term IPO holder, as he BELIEVES in me, cause he knows me!

As I see it now, IPO won't be a matter after the community mine a few times more then the IPO.

I looked around before I carefully choose the coins max amount. I know that it is fancy to have a coin which has low max amount, but it is because those coins offer no more than that! 40 mill is a good amount, there will be around 28 mill after POW ends. This is a long term plan, I don't need a coin which can be mined only for a couple of days. Everyone should get a chance to hop on. Price can be lower at the begining, but I don't plan to abandon this coin so it will be here for a long time!

A few things;
I had a boss once tell me he was a great teacher. He said people have to come to him, in other words it wasn't freely given. I have been told many times that I am a great teacher, I have always given freely of my knowledge. I don't feel the need to go around saying this to people, I only say it here to raise a point.

So who is a great teacher, the one that needs to assure everyone around him that he is great, or the one who teaches freely?

I won't trust someone who feels they need to say, "trust me, I am an honest person" 100 times.

Also at issue, there have been numerous requests for transparency and the dev and his buddies have responded with sidestepping and BS. This does not create trust. This creates suspicion and questions.

My advice is this, either choose to be completely transparent with ALL information if you wish to be trusted-or do not and take your chances with the development of this coin. Stop saying trust me--trust is earned. It is earned through open and honest communications, not through assurances that you are trustworthy.

You must realize that there have been scam after scam in this market and people will NOT trust you simply because you think they should. The fact is that coins that have dev teams that are transparent with their info and professional in their dealing with critics and consumers are successful. Reverting to flaming critic's posts does not instill confidence.

"You are spreading FUD." = I can not formulate an intelligent response to this.
"People are saying nasty things about me." = I do not have to respond honestly to this.  So there!   

I am going to side with cautious optimism, and hope you are sincere with your stated intentions with this coin. I am currently mining this with the intent of holding onto a bit.

But I assure you, if you choose to ignore critics and consumers who ask for transparent and honest communication you are doomed to fail.

 

Mesterlovesz is probably sleeping right now.
I am not speaking on behalf of anybody, I am speaking for myself.

There is no misunderstanding on my part I can assure you.

You refuse to reveal the price.

If the information isn't made public, i.e., the price of the IPO, and the address where those BTC are held, then its a scam. If everything is legitimate, then the dev should have no problem providing this information.

And where is the dev? Are you speaking for him? It's probably best if he responds, rather than his friend.

Oh. So it's a very simple misunderstanding then. It was an Initial PRIVATE Offering rather than an Initial Public Offering. It happened before the announcement, in private.
But wait... You already used this word (private) yourself in the first of your posts which we keep quoting.
So, you very well understood it was a private offering and yet you kept trolling me as if you though it was public!

Otherwise, the information you seek technically is, in fact, publicly available (it had been a few days before the launch *). It's just not advertised here (and I definitely won't help you finding it now).
* I hate secrets, so I always leave them "hidden on plain sight" and I usually don't hint clues about them but since you are so eager to know, I just did...

 
Did I ask for your bank statement, or the details of your mortgage or car repayments? I don't think I did.

No, just the price of a coins Initial PUBLIC Offering, information freely available to people browsing these forums for any other coin you care to mention. Information that is necessary for investors to make informed decisions. Information you seem suspiciously reluctant to share.

At the minute, with your unwillingness to answer the most simple of questions, there is no proof that you paid your friend anything for the IPO.

It's not that kind of a sensitive issue. It's just something what reasonable people do not usually share with random strangers on the internet without a proper reason.
It's similar to asking someone to publicly post scans from their bank statements. Would you do that if I asked you? How much did you pay for your car, or your house? Can I ask the dealer on your behalf?

I'm sorry, I didn't realise it was such a sensitive issue. It's a simple enough question, how much was the IPO?

Why should he tell you how much BTC I paid?
Should it be possible for me to ask a random exchange administrator about your lifetime trade history and receive a detailed report (if there is anything in there database)?

So it has it been sold to your friends then? Yes or no?

If yes, how much for? And please don't say "exactly the amount I needed", what was the IPO price for 1 GRE? If you are hoping to build a currency backed by a reserve of gold, any potential investor has the right to know ALL the details concerning the acquisition of the gold, INCLUDING how much BTC or fiat was generated from the IPO. You've proposed something quite different to the type of coin usually seen on this forum, and to succeed, it has to be transparent.

This should end pow at block 25000 this would keep the total at 14mil or so coins and make them decent per coin price.

Yeah tits and ass! It means great

give bitterx some btc from ipo

I already contacted them, they considering it, need more mining hashrate and community interest.

Pool runs tits?!

Pool runs tits minep.it. Yes it needs Bittrex

It needs more bittrex

Nevermind the trolls dude. You made a coin and spelled it out what is and isn't. They can mine it/buy it based on that. 

So, first question, I do not understand. IPO supposed to be closed when mining starts, cause IPO is for inverstors who want to support the project, and they get coins for their trust and money. 2nd and 3rd question, makes no sense, IPO is not sold already cause we are on an exchange for a couple of hours, volume is so low that selling the IPO is impossible.

4th question: I made a Pre-Ann a week or 2 ago and all I got was negative comments, saying scam, begging letter and other not really nice things. NO ONE THOUGHT I TRUSTWORTHY ENOUGH, which is not understandable, because I gave my full name and some data about me! So as NO ONE wanted to fund my project, I asked my friends and as they know I am honest and trustworthy, they gave me the funds. So selling the IPO to my friends, was the greates help to the community, because that helped me to bring this coin to life!

5th question: The BTC and FIAT I got from my investors was exactly the amount I needed to launch this coin.