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Topic: [ANN][SMBR] Sembro Token ITO (Bittrex) - page 24. (Read 98212 times)

member
Activity: 73
Merit: 10
October 25, 2014, 12:20:34 PM
We're going to rollback the blockchain back into pow. So we have a few hours to get wallets staking and the transition into pos goes smoothly this time. Then Bittrex will release the btc to us, and then we can set buy walls. Everything will be resolved today.
sr. member
Activity: 252
Merit: 250
October 25, 2014, 12:19:14 PM
We're working to resolve the blockchain issue now. Then we will worry about the buy wall and getting the price back up.  You honestly cannot expect to become rich overnight?? Please be patient while we resolve this. Not enough people were staking going into block 5,000 when it was supposed to transfer to we are fixing that today.

I believe many wanted to get rich over night  Smiley That's why they angry when I dumped permanently under ICO price  Smiley
member
Activity: 73
Merit: 10
October 25, 2014, 12:01:56 PM
We're working to resolve the blockchain issue now. Then we will worry about the buy wall and getting the price back up.  You honestly cannot expect to become rich overnight?? Please be patient while we resolve this. Not enough people were staking going into block 5,000 when it was supposed to transfer to we are fixing that today.
sr. member
Activity: 476
Merit: 250
October 25, 2014, 11:57:49 AM
you guys should ask bittrex for refund since there is no working blockchain
member
Activity: 73
Merit: 10
October 25, 2014, 11:52:31 AM
What happened was we were running miners to stabilize the network but at block 5,000 pos was planned to take over, but the coins were not out fast enough nor were people withdrawing to begin staking when they received them. We are looking into this now and give you updates as we make any changes to fix the network and get it back on track.

Can you place your fucking 42 btc buy back wall before your sinking ship is totally screwed

We don't have the btc from Bittrex yet.....
legendary
Activity: 1148
Merit: 1000
October 25, 2014, 11:48:07 AM
What happened was we were running miners to stabilize the network but at block 5,000 pos was planned to take over, but the coins were not out fast enough nor were people withdrawing to begin staking when they received them. We are looking into this now and give you updates as we make any changes to fix the network and get it back on track.

Can you place your fucking 42 btc buy back wall before your sinking ship is totally screwed
member
Activity: 73
Merit: 10
October 25, 2014, 11:38:43 AM
What happened was we were running miners to stabilize the network but at block 5,000 pos was planned to take over, but the coins were not out fast enough nor were people withdrawing to begin staking when they received them. We are looking into this now and give you updates as we make any changes to fix the network and get it back on track.
member
Activity: 73
Merit: 10
October 25, 2014, 11:19:47 AM
Hi guys,

Sorry for the delayed response. Time zone differences and the weekend.. We are looking into the blockchain issues right now. Please be patient and we will be updating everyone shortly.
sr. member
Activity: 252
Merit: 250
October 25, 2014, 09:51:41 AM
THIS COIN IS DEAD. Smiley
sr. member
Activity: 490
Merit: 250
October 25, 2014, 09:32:00 AM


That is quite possibly the dumbest statement ever made.

You only received one request after you floated the 42 BTC buy wall idea....of course you only received one request
This is the most ridiculous scams!
legendary
Activity: 2380
Merit: 1026
October 25, 2014, 09:08:54 AM
i don't think they will put buy wall ...
hype is ridiculous
there is no much attention!

and also that is not good for bittrex they collect 5 btcs for escrow..

slowly and agonizing dump..nothing more
legendary
Activity: 882
Merit: 1000
October 25, 2014, 08:56:35 AM
Ive send request to bittrex, im i the only one ? No answer so far
newbie
Activity: 42
Merit: 0
October 25, 2014, 08:21:58 AM
But for everyone else, I would HIGHLY ADVISE you all to contact Bittrex Exchange and request them to return the BTC funds by setting up a buy wall of the total BTC gathered from the ICO. So 90+ BTC buy wall

good idea
full member
Activity: 219
Merit: 102
October 25, 2014, 08:04:36 AM
Oh dear... I've invested the same amount of BTC in MNE. I spend on ICOs only what I can afford to loose. Glad I made it out of SMBR in time. My advice: Only participate in ICOs for the fun of it. Why? Well, most of them turn out badly. Therefore don't do shit like: ALL IN! That is going to hurt you.


Good luck with your refund request. I'm out.
full member
Activity: 224
Merit: 100
October 25, 2014, 07:49:23 AM
Sorry to hear about this. I think, you can all request bittrex to freeze their withdrawl, and use the funds to buy back all the coins at the ico price like someone in the thread posted.
full member
Activity: 224
Merit: 100
here for a while
October 25, 2014, 07:45:29 AM
Just 10 adresses have all coins? Adress 1 have 99.07% of them? Bittrex?
hero member
Activity: 538
Merit: 502
member
Activity: 133
Merit: 10
October 25, 2014, 07:14:06 AM


That is quite possibly the dumbest statement ever made.

You only received one request after you floated the 42 BTC buy wall idea....of course you only received one request


So basically, dev team give the public a false ICO end date and advertises it as official though knowing full well Bittrex has not acknowledged this. Continues to make it official anyway. Initial investors complain. Bittrex explains the situation and basically clears themselves of fault. Dev team teases community with a potential earlier ICO end time, nothing comes of it. Instead of dev team respecting the investors & telling Bittrex Exchange to immediately close the ICO, they resume it and ignore their previous statements of a potential earlier close time. To make matters worse, Dev team hypes up a potential buy wall upon market launch to reel in more investors, and it works as more invested at this time. Coin launches, no word from devs during a critical time. Now, devs basically confirm there will be no buy wall.

Typical bait & switch.

TO SUMMARIZE:

  • ICO extends due to devs lack of communication with Bittrex Exchange. Devs give false ICO end time and brands it as official.
  • Instead of immediately ending ICO as respect to initial investors, devs decide to resume ICO extension
  • During the extension, Dev team hypes up a potential 'buy wall' upon launch to get more investors. It works since BTC investment from original ICO close essentially triples.
  • ICO finally ends
  • Trading starts, there is no word from the devs during a critical time (launch)
  • Investors waiting for buy wall, but is impossible since devs have not received funds from bittrex
  • Dev tweets (quoted) above basically confirming that there will be no buy wall since it was just a 'probably' completely disregarding the fact that of course no one will request a refund after you mention of a buy wall

If this doesn't seem scammy and shady to you then I don't know how else to explain it.

I only put a tiny amount of BTC on this so I can take a 100% loss and not even flinch.  But for everyone else, I would HIGHLY ADVISE you all to contact Bittrex Exchange and request them to return the BTC funds by setting up a buy wall of the total BTC gathered from the ICO. So 90+ BTC buy wall. I can tell you right now there will be NO buy wall IF the devs get the BTC fund as confirmed by the devs themselves:

...we have not received the BTC from Bittrex yet, therefore no buy wall is placed. Second, we only received one refund request, so no need for a buy wall..

This development team is supposed to be a real company and so far they have shown shady tactics & pure incompetence before & during launching a new project.
newbie
Activity: 42
Merit: 0
October 25, 2014, 06:40:50 AM
f**k,i buy 0.5 btc in ico Angry
sr. member
Activity: 272
Merit: 250
Fighting Liquid with Liquid
October 25, 2014, 06:27:18 AM


That is quite possibly the dumbest statement ever made.

You only received one request after you floated the 42 BTC buy wall idea....of course you only received one request
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