Topic: [ANN][ORO] OroCoin ■ Join TeamORO! ■ C-Cex | NOVA | Cryptopia | CoinExchange - page 19. (Read 29264 times)
January 09, 2017, 09:19:34 AM
January 09, 2017, 08:05:07 AM
The project looks promising but Everyone wants to invest somewhere they're pretty sure that their bitcoin is secure by a third party.Now a days because of the ICO scam, people are scared to invest at any ICO without escrow.So i request you guys to contact some highly trusted escrow on this forum and Set up escrow.I am sure more people will happily join.
Best wishes !
Best wishes !
January 09, 2017, 05:15:36 AM
No escrow? Every coin needs an escrow. If not then nobody will hardly invest.
January 09, 2017, 04:54:00 AM
If any users that doubt with your project, please don't blame. According the previously experiences, without escrow services are very prone to money on take it away. The best way I suggest you use an escrow. With escrow, certainly there is no doubt from investors.
Escrow is the best option for any crowdfunding campaign that's why I also agreed with you. They must use an escrow service to make protect the people's money there.
January 09, 2017, 04:52:34 AM
I hope this coin will be famous and success, I am sure that the developer only want to make better of eco friendly algorithm and other good thing. Coin users need the developer that keep moving forward to make the better thing like lower energy usage or faster transaction.
Yes of course, I think instead of just waiting in the exchanger, let us investment. I'm optimistic if this coin could be accepted many communities. That makes me optimistic and trust is the OroCoin slogan of which is "The first cryptocurrency with the block reward uniquely pegged to the price of gold." This slogan certainly gone through a long consideration and their vision.All it takes to convince you to part with your money is a Slogan.....
January 09, 2017, 04:47:11 AM
If any users that doubt with your project, please don't blame. According the previously experiences, without escrow services are very prone to money on take it away. The best way I suggest you use an escrow. With escrow, certainly there is no doubt from investors.
January 09, 2017, 04:43:30 AM
I hope this coin will be famous and success, I am sure that the developer only want to make better of eco friendly algorithm and other good thing. Coin users need the developer that keep moving forward to make the better thing like lower energy usage or faster transaction.
Yes of course, I think instead of just waiting in the exchanger, let us investment. I'm optimistic if this coin could be accepted many communities. That makes me optimistic and trust is the OroCoin slogan of which is "The first cryptocurrency with the block reward uniquely pegged to the price of gold." This slogan certainly gone through a long consideration and their vision. January 09, 2017, 01:41:28 AM
Hi!
No sources yet?
No sources yet?
It's coming, I promise! We're just making sure everything is 100% ready to go. We don't want to release anything prematurely. Hopefully we will be ready within the next day or so. Stay tuned!!
January 09, 2017, 01:36:41 AM
Hi!
No sources yet?
No sources yet?
January 09, 2017, 01:23:45 AM
You have paid the twitter participants faithfully. With it many people will have started to trust on the team of orocoin. I also believe on you and one friendly advice is that you launch the ICO on escrow so that the ICO boost up.
Thank you for the kind words and support. Much appreciated! We will be announcing a trusted escrow for the ICO very shortly!
i'm interested to see how it pans out, looking forward to see how you manage the pegging.
good luck
ps
if you need a mac wallet let me know
Thank you!
January 08, 2017, 09:16:39 PM
Well that's kinda the whole point. We don't want gold to have too much of an impact on the price. We just want it to influence a creative and variable block reward method.
Any unsold ICO coins will be held by the devs for future fundraising for additional features, marketing, etc. They will not be dumped on the market post-ICO.
i'm interested to see how it pans out, looking forward to see how you manage the pegging.
good luck
ps
if you need a mac wallet let me know
January 08, 2017, 05:16:54 PM
You have paid the twitter participants faithfully. With it many people will have started to trust on the team of orocoin. I also believe on you and one friendly advice is that you launch the ICO on escrow so that the ICO boost up.
January 08, 2017, 02:38:29 PM
As with any currency, the value will ultimately be dictated by supply and demand in the various exchanges and markets, and the associated trading activity, but we hope the value of gold and the effect it has on the block reward will be an added influence working to maintain value. Theoretically, the relationship between the price of gold and the block reward of OroCoin should, at least to an extent, result in an inverse correlation with the value of existing OroCoins on the market, and a direct correlation with the value of mining OroCoin. These two effects, along with the "fair market value" effect, should balance each other out nicely to insure a bottom line value, but also allow the market volatility to dictate the day to day price.
Our code will be open source and will be made public likely in the next week or so on Github. We will include a link to it on our website as well as the initial post in this thread when we release it.
well i'm not convinced that the price of Gold will have any serious impact on the price of OroCoin.
a guick glance at gold over the last year suggest the price has gone between between about $1100 and $1350.
that would give the block reward a variability of 11 - 13.5,
with 5 minute blocks and 12 coin reward, that would add 3,456 coins/day, or 24,192 coins/week
compare that to the ICO possible distribution of 2.5 million,
also, when you look at the ICO "rules"
let's guess that you receive 12 btc in total, divide that equally over the the three phases of the ICO, and that might equate to a total of 18,000 ORO
leaving 2.488 million coins in the dev fund.
what are your plans for the remaining funds after ICO?
will they be locked away for a while?
Well that's kinda the whole point. We don't want gold to have too much of an impact on the price. We just want it to influence a creative and variable block reward method.
Any unsold ICO coins will be held by the devs for future fundraising for additional features, marketing, etc. They will not be dumped on the market post-ICO.
January 08, 2017, 08:25:24 AM
As with any currency, the value will ultimately be dictated by supply and demand in the various exchanges and markets, and the associated trading activity, but we hope the value of gold and the effect it has on the block reward will be an added influence working to maintain value. Theoretically, the relationship between the price of gold and the block reward of OroCoin should, at least to an extent, result in an inverse correlation with the value of existing OroCoins on the market, and a direct correlation with the value of mining OroCoin. These two effects, along with the "fair market value" effect, should balance each other out nicely to insure a bottom line value, but also allow the market volatility to dictate the day to day price.
Our code will be open source and will be made public likely in the next week or so on Github. We will include a link to it on our website as well as the initial post in this thread when we release it.
well i'm not convinced that the price of Gold will have any serious impact on the price of OroCoin.
a guick glance at gold over the last year suggest the price has gone between between about $1100 and $1350.
that would give the block reward a variability of 11 - 13.5,
with 5 minute blocks and 12 coin reward, that would add 3,456 coins/day, or 24,192 coins/week
compare that to the ICO possible distribution of 2.5 million,
also, when you look at the ICO "rules"
let's guess that you receive 12 btc in total, divide that equally over the the three phases of the ICO, and that might equate to a total of 18,000 ORO
leaving 2.488 million coins in the dev fund.
what are your plans for the remaining funds after ICO?
will they be locked away for a while?
January 08, 2017, 07:27:27 AM
I hope this coin will be famous and success, I am sure that the developer only want to make better of eco friendly algorithm and other good thing. Coin users need the developer that keep moving forward to make the better thing like lower energy usage or faster transaction.
Let's see how he pulls his strings. DBIC(Dubai Coin) almost had similar ideas and is struggling to exist. However, I'd say this coin has seeked a lot of attention. All it needs is investors and a good starting balance will give it a good boost. I am waiting to see this coin in Yobit or other exchanges soon enough.
January 07, 2017, 05:59:32 PM
I hope this coin will be famous and success, I am sure that the developer only want to make better of eco friendly algorithm and other good thing. Coin users need the developer that keep moving forward to make the better thing like lower energy usage or faster transaction.
January 07, 2017, 03:18:06 PM
Better letting people know what it is under the cover, than to cheat some ignorant "investors". Let people know the truth is not a bad thing.
It is an epidemy for newbies to launch coins and do ICOs...
Well that's the whole point of releasing the source code, which is SOP for most coin projects.
No one here is cheating anyone.
It's ok to decide you don't want to be involved in a project, but to make baseless accusations makes you the ignorant one, not the investors. Stating something as fact when you have no evidence of it is just bad form.
Best of luck to you though!
January 07, 2017, 03:14:21 PM
Despite the dev jumped in and out here, it is a shitcoin by many facts:
- launched by a newbie - trying to hide his identity for a quick money grab and then disappear
- ICO with no credibility
- coin has nothing new, so many shitcoins "pegged to gold", a typical scam.
Dev, jumping in and out does not help, show us:
- what is your credibility?
- what new things you did for this coin, list them in details (not high level blah blah)?
Do you think people out there are so stupid and will "invest" in your shitcoin? unless you put some facts there, it will be no way!
Stop shitting on our thread. We've already responded to this once before.
If you don't like our project, don't get involved, but stop coming in here with the sole purpose of shitting all over the place and making baseless accusations.
LOL @ "nothing new" - Makes it clear you didn't even read the info.
Better letting people know what it is under the cover, than to cheat some ignorant "investors". Let people know the truth is not a bad thing.
It is an epidemy for newbies to launch coins and do ICOs...
January 07, 2017, 02:39:02 PM
Despite the dev jumped in and out here, it is a shitcoin by many facts:
- launched by a newbie - trying to hide his identity for a quick money grab and then disappear
- ICO with no credibility
- coin has nothing new, so many shitcoins "pegged to gold", a typical scam.
Dev, jumping in and out does not help, show us:
- what is your credibility?
- what new things you did for this coin, list them in details (not high level blah blah)?
Do you think people out there are so stupid and will "invest" in your shitcoin? unless you put some facts there, it will be no way!
Stop shitting on our thread. We've already responded to this once before.
If you don't like our project, don't get involved, but stop coming in here with the sole purpose of shitting all over the place and making baseless accusations.
LOL @ "nothing new" - Makes it clear you didn't even read the info.
January 07, 2017, 02:16:08 PM
all coin are bitcoin clone......so eth, doge and so are all scam?
haven't you learnt already that 99.99% of coins are scams?
It's all about increasing your BTC stack.......
ICOs are fucking scams as well....
Despite the dev jumped in and out here, it is a shitcoin by many facts:
- launched by a newbie - trying to hide his identity for a quick money grab and then disappear
- ICO with no credibility
- coin has nothing new, so many shitcoins "pegged to gold", a typical scam.
Dev, jumping in and out does not help, show us:
- what is your credibility?
- what new things you did for this coin, list them in details (not high level blah blah)?
Do you think people out there are so stupid and will "invest" in your shitcoin? unless you put some facts there, it will be no way!
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