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Topic: [ANN][SMBR] Sembro Token ITO (Bittrex) - page 19. (Read 98193 times)

legendary
Activity: 1050
Merit: 1000
October 27, 2014, 05:22:37 PM
either if this is a scam or slow real work .... investors got Rekt ...

so i decided not to touch or buy this coin even at -400% ICO price after i saw how they ignore their current investors and do nothing about their loss
sr. member
Activity: 328
Merit: 250
October 27, 2014, 05:06:08 PM
WOW. By taking no action you are killing your own coin right now...

At this point, you would have to try very hard to screw this mess up and worse.

So are they refunding, or not refunding. They sort of said they were opening refunding back up but gave no details.



Is THIS how you build confidence for investors??? Price is almost 25% of ICO price.. Point is you said you would post a 42btc buy wall, but didn't. And now you wont even post one at 1400 sat so price drops even more.
If it smells like a scam...

No one has said they will or will not put a buy wall. READ what has been said by the developers, TRY to ignore the FUD from everyone else.
The Devs have said they are asking for the communities feedback before they make a decision about what to do, nothing has or has not been decided yet.

I know its a lot to read, because half the posts here say the same thing from people crying, but seriously wish people would actually read all the posts made (especially those from the Devs) before posting.
hero member
Activity: 616
Merit: 500
October 27, 2014, 04:25:38 PM
WOW. By taking no action you are killing your own coin right now...

At this point, you would have to try very hard to screw this mess up and worse.

So are they refunding, or not refunding. They sort of said they were opening refunding back up but gave no details.



Is THIS how you build confidence for investors??? Price is almost 25% of ICO price.. Point is you said you would post a 42btc buy wall, but didn't. And now you wont even post one at 1400 sat so price drops even more.
If it smells like a scam...
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
October 27, 2014, 04:24:19 PM
^^ exactly.  Invest only what you can afford to lose. 

We don't need buy wall or refund.  We need dev team to instill confidence in their products and they are trying to do that.  Just ignore all the bitching and whining and perhaps create a new moderated thread because these kids will not stop.


-tb-
sr. member
Activity: 490
Merit: 250
October 27, 2014, 02:28:07 PM
lol @ idiots asking for a buy wall

wake the fuck up from your 'overnight millionaire dreams'. i hope you learn what investing means now stupid asses  Kiss

get out of crypto before you lose all your money children<-- best advice you'll get all year. You're welcome~!  Wink
sr. member
Activity: 280
Merit: 250
October 27, 2014, 02:26:22 PM
here we go again...
legendary
Activity: 1050
Merit: 1000
October 27, 2014, 02:15:54 PM
My friend posted them an Refund request email like 2 hours ago ... lets see what happen ...

WOW. By taking no action you are killing your own coin right now...

At this point, you would have to try very hard to screw this mess up and worse.

So are they refunding, or not refunding. They sort of said they were opening refunding back up but gave no details.




also as for me

Sembro Development im still waiting for the 1500 Buy wall ....i won't even buy it at 1 satochi as i see you ignore existing investors request for the 1500 buy wall to secure their invest
sr. member
Activity: 272
Merit: 250
Fighting Liquid with Liquid
October 27, 2014, 02:05:44 PM
WOW. By taking no action you are killing your own coin right now...

At this point, you would have to try very hard to screw this mess up and worse.

So are they refunding, or not refunding. They sort of said they were opening refunding back up but gave no details.

hero member
Activity: 616
Merit: 500
October 27, 2014, 01:56:07 PM
WOW. By taking no action you are killing your own coin right now...
member
Activity: 117
Merit: 10
October 27, 2014, 01:54:19 PM
Here is an update where we stand. Please read and provide feedback. We do not want to rush into anything until a majority of the community approves so as to not further aggrevate any early buyers.  

1) If we place a buy wall now then people who picked up on the dump can easily lock in a large profit and will sell, so early buyers may not be able to exit their positions if they wish to do so.
2) We did not have Bittrex place the buy wall because we clearly asked for community input via email over a 24 hour period post-ITO and only received one email, which was for a refund, which we processed.  
3) If we placed the buy wall now, later buyers could exit their positions before early buyers have the opportunity and that defeats the purpose because the whole point of the wall was to help out early buyers.  

We are trying to reach the best solution across the board, but it is very hard with many completely different strategies posted on this thread.  We will work towards satisfying early buyers but we need them to communicate directly with us via email or DM on twitter.  

I am one of early investor, I want refund.
What data do you need?
https://bittrex.com/Market/Index?MarketName=BTC-_SMBR   is closed.
I cant find the proof of purchase.

https://www.bittrex.com/History

Although asking for a refund days after the coins were distributed is pretty silly. You decided to get on the ride and your only choices now is to hold on and see where this goes or jump of the ride early and take a loss.

The dev gave everyone 24 hours to ask for a refund and as we know they did honor the 1 request they had.
hero member
Activity: 616
Merit: 500
October 27, 2014, 01:30:25 PM
Better luck next time.
legendary
Activity: 994
Merit: 1004
BTC
October 27, 2014, 01:14:07 PM
In my opinion, a significant buy wall wouldn't get dumped into- it would actually strengthen investor confidence due to the appearance of major buy support. I would expect to see more buy orders appear on top of the buy wall.

Obviously, don't put your buy wall at 4.2K sats. More like 1.5K sats, to prevent the price from going down even further. Considering the marketcap of all Sembro Tokens in existence is just under 40 BTC currently, I'd say only a 20 BTC buy wall at 1.5K sats would be more than enough, and I am fairly certain that barely anyone would sell into it. This would cease all outcries from upset investors in this thread, and introduce more investors into this coin, due to the very large buy support.
i agree that is low enough that not so many would benefit from dumping and also allows some support until things get going. wasn't the best solution to start with but now that we are here maybe best suggestions so far. or if you set it higher destroy the coins dumped into it and that will benefit holders with less total coins .
full member
Activity: 168
Merit: 100
GreenCoin
October 27, 2014, 12:41:37 PM
I seroulsy think devs had nice intentions on that one

I doubt that. Looking at their posts and behaviour , it seems the opposite.
sr. member
Activity: 311
Merit: 250
October 27, 2014, 12:36:48 PM
Devs decided to pump FuelCoin with the ITO funds...
sr. member
Activity: 336
Merit: 250
October 27, 2014, 11:57:27 AM
Takes to long, new low comming, devs running soon with a lot of BTC.
legendary
Activity: 882
Merit: 1000
October 27, 2014, 10:25:39 AM
I seroulsy think devs had nice intentions on that one
member
Activity: 96
Merit: 10
October 27, 2014, 10:18:53 AM
The original commitment is not fulfilled, who would believe that the future development of the author. Please don't treat people like an idiot.
newbie
Activity: 42
Merit: 0
October 27, 2014, 10:08:20 AM
where is the 100+ BTC in ITO?Huh??
scam dev!


And that, SembroDevelopmentTeam, is why you should make a self-moderated thread. People that can't comprehend what they are buying post on this thread with no idea on what is going on.
the price now is low,but i have no btc to buy,and,i think people don't trust dev
legendary
Activity: 1050
Merit: 1000
October 27, 2014, 09:48:59 AM
If dev put up a buywall the coin will be dead. Remember Syscoin. If dev is the biggest holder of his own coin, its like holding a premine. Nobody want to buy a coin with 50% premine or more.



You'll also have to put into consideration that no one will sell into a sizeable buy wall. A 20 BTC buy wall at 1.5K sats could cover over 50% of all coins in existence, and no investor in their right mind would sell into that buy wall. Instead, we would see increased buy support over 1.5K sats due to renewed confidence.
sr. member
Activity: 490
Merit: 250
October 27, 2014, 09:47:28 AM
Well damn. I'll be the first to admit when I'm wrong. And this time I clearly was..as you can see from my posts in this thread. I really thought this was a scam. But the fact that the devs are actually still here and trying to discuss possible solutions with early investors clearly proves me wrong.

Still not going to buy any smbr though & i wouldn't recommend for anyone else to just yet. And im still going to remind you fools now turned bagholders about me warning you all in investing in an ICO expecting crazy profit. But at least its safe to say this is no scam.
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