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jc12345

legendary

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Quote from: trid on May 03, 2015, 04:25:18 AM

so - must be destroyed as unsold coins. But JackCarver says "The coins are purchased and held by the dev team."

This is the wild west so many things can happen behind the scenes. The right thing to do though if you take a step back, is to handle the coins sold back during cool down as unsold coins.

jc12345

legendary

Activity: 1638

Merit: 1013

Quote from: IsotopeDeveloper on May 03, 2015, 04:19:57 AM

Quote from: jc12345 on May 03, 2015, 04:15:58 AM

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO and coin specs make up almost the whole of the prospectus. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

Our investors just sent us many PM of congratulations for this choice. This action take care about early birds and that is what an ICO and a dev team should do also.

Regards.

Of course the investors that bought in will congratulate the decision because they will gain. I am talking about that it is a matter of principle. There might have been many people out there that walked away due to eg. inflation being more than their risk appetite. This can be compared to misrepresentation. If this was a real life normal share exchange (which I know it isn't and that this is the wild west) they would have skinned coin management alive.

trid

sr. member

Activity: 425

Merit: 250

Quote from: jc12345 on May 03, 2015, 04:22:45 AM

Quote from: Wicked Sick on May 03, 2015, 04:04:58 AM

Quote from: trid on May 03, 2015, 03:57:59 AM

coins from wall goes to you or burned by exchange?

nothing in ccex rules says that. checked it twice.

It is a cool down period. A cool down period means that a buyer that hastily made a buy decision that he regrets can withdraw and invalidate the sale. The amount of coins bought back from the cool down wall becomes unsold and must therefore be treated as unsold in the ICO. At least this is how I interpret the cool down period and ICO buy wall.

so - must be destroyed as unsold coins. But JackCarver says "The coins are purchased and held by the dev team."

cakir

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Activity: 1274

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★ BitClave ICO: 15/09/17 ★

Quote from: IsotopeDeveloper on May 03, 2015, 04:19:57 AM

Quote from: jc12345 on May 03, 2015, 04:15:58 AM

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO and coin specs make up almost the whole of the prospectus. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

Our investors just sent us many PM of congratulations for this choice. This action take care about early birds and that is what an ICO and a dev team should do also.

Regards.

As an investor I don't agree with you. You can not change total coin supply after ICO ends.
That shows only you'll p&d and rurn away.

IsotopeDeveloper

newbie

Activity: 56

Merit: 0

Quote from: ?? on ??

Quote from: jc12345 on May 03, 2015, 04:15:58 AM

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO and coin specs make up almost the whole of the prospectus. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

Really? I appreciate a dev team who keeps close tabs on the coin economics and make adjustments based upon emerging economic conditions. Better to take these preemptive steps than to attempt damage control after problems start happenening. Kudos to the dev team!

Thanks for your support here!

jc12345

legendary

Activity: 1638

Merit: 1013

Quote from: Wicked Sick on May 03, 2015, 04:04:58 AM

Quote from: trid on May 03, 2015, 03:57:59 AM

coins from wall goes to you or burned by exchange?

nothing in ccex rules says that. checked it twice.

It is a cool down period. A cool down period means that a buyer that hastily made a buy decision that he regrets can withdraw and invalidate the sale. The amount of coins bought back from the cool down wall becomes unsold and must therefore be treated as unsold in the ICO. At least this is how I interpret the cool down period and ICO buy wall.

trid

sr. member

Activity: 425

Merit: 250

Quote from: jc12345 on May 03, 2015, 04:15:58 AM

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

i think c-cex rules must include this

IsotopeDeveloper

newbie

Activity: 56

Merit: 0

Quote from: jc12345 on May 03, 2015, 04:15:58 AM

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO and coin specs make up almost the whole of the prospectus. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

Our investors just sent us many PM of congratulations for this choice. This action take care about early birds and that is what an ICO and a dev team should do also.

Regards.

jc12345

legendary

Activity: 1638

Merit: 1013

It is very unprofessional imo to change coin specs after an ICO, either way up or down. Coin specs play a critical part in a decision to invest in an ICO or not. There is not much for investors to go on when deciding to invest in an ICO and coin specs make up almost the whole of the prospectus. Coin specs at least give an indication of inflation and potential future earnings and price and based on that a price vs risk reward point is determined by an investor. This action gives an indication of coin management style and should be taken into account for investors/traders future decisions regarding XTP.

trid

sr. member

Activity: 425

Merit: 250

Quote from: Wicked Sick on May 03, 2015, 04:04:58 AM

Quote from: trid on May 03, 2015, 03:57:59 AM

coins from wall goes to you or burned by exchange?

nothing in ccex rules says that. checked it twice.

checked too. and therefore the question

Wicked Sick

member

Activity: 293

Merit: 10

Quote from: trid on May 03, 2015, 03:57:59 AM

coins from wall goes to you or burned by exchange?

nothing in ccex rules says that. checked it twice.

IsotopeDeveloper

newbie

Activity: 56

Merit: 0

New reward schedule is now confirmed!

PROOF OF WORK REWARDS

Block 0 - 240 0 XTP
Block 241 - 700 125 XTP
Block 701 - 1000 100 XTP
Block 1001 - 1600 75 XTP
Block > 1600 PoW end.

DYNAMIC PROOF OF STAKE SCHEDULE (DPOS)

Block 1500- 4000 10 XTP
Block 4001 - 6000 15 XTP
Block 6001 - 8000 100 XTP
Block 8001 - 10000 25 XTP
Block > 10000 5% Annual

Shorter Pow, less total coins, more advantage for early birds investors. Less total coins for an higher price x coin value

We think that many of the investors that dumped XTP on buyback ico wall will regret their choice after all.

Our best regards to all the community. Get ready for launch today.

**D!ABLO**

sr. member

Activity: 432

Merit: 250

Is there a lesson to be learned from this?

trid

sr. member

Activity: 425

Merit: 250

Quote from: IsotopeDeveloper on May 03, 2015, 03:27:12 AM

We are sorry to see this manipulation against our ICO funds.

Anyway our project will run on and will be a success

Also With only half of the ICO. Thanks for your support.

No FUD post allowed.

coins from wall goes to you or burned by exchange?

IsotopeDeveloper

newbie

Activity: 56

Merit: 0

We are sorry to see this manipulation against our ICO funds.

Anyway our project will run on and will be a success

Also With only half of the ICO. Thanks for your support.

No FUD post allowed.

vanyabios

sr. member

Activity: 426

Merit: 250

Quote from: trid on May 03, 2015, 03:19:52 AM

Quote from: vanyabios on May 03, 2015, 03:17:15 AM

and it is gone

btw, coins from buywall going to dev or burned by cex?

it must be burned

trid

sr. member

Activity: 425

Merit: 250

Quote from: vanyabios on May 03, 2015, 03:17:15 AM

and it is gone

btw, coins from buywall going to dev or burned by cex?

vanyabios

sr. member

Activity: 426

Merit: 250

and it is gone

trid

sr. member

Activity: 425

Merit: 250

Quote from: 1.25L on May 03, 2015, 03:08:29 AM

why?

why no wall?

panicsell i think, wall was eaten by investors

1.25L

member

Activity: 98

Merit: 10

why?

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