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Topic: Mycelium's "crowdsale": basically a donation, not an investment by any means - page 11. (Read 21226 times)

member
Activity: 84
Merit: 10
Mycelium is the best mobile wallet ever, i fully trust in their operations.

But it doesnt make any money! Good luck getting your donation back.

newbie
Activity: 36
Merit: 0
Mycelium is the best mobile wallet ever, i fully trust in their operations.

But it doesnt make any money! Good luck getting your donation back.
newbie
Activity: 28
Merit: 0
First of all, waves and mycelium fucked over their investors by buying each other's icos and esenially just swapping btc back and forth while diluting everyone else.

Second, mycelium raised 5000 btc for 5% of the wallet. The next round is for 25% of the wallet and needs to make 25000 btc for the first round investors to break even. If you invested a lot into this wallet, i feel sorry for you.

Wait, is that true? Shocked If so, GG mycelium kids!
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
First of all, waves and mycelium fucked over their investors by buying each other's icos and esenially just swapping btc back and forth while diluting everyone else.

Second, mycelium raised 5000 btc for 5% of the wallet. The next round is for 25% of the wallet and needs to make 25000 btc for the first round investors to break even. If you invested a lot into this wallet, i feel sorry for you.
I am perfectly aware of how ridiculous the assertion that investors could break even by the second round of investments sounds.
hero member
Activity: 868
Merit: 1000
Mycelium is the best mobile wallet ever, i fully trust in their operations.
full member
Activity: 126
Merit: 100
Oh dont you worry Mycelium will be a sell out everytime it has a crowdsale.At least mycelium has a product whats waves got? 
newbie
Activity: 36
Merit: 0
Well I invested quite a bit into Mycelium think its a better deal as some of those other ICOs.Not interested if an exchange wants to trade it or not though I bet many will.Here for the long haul till Mycelium turns into a financial institution.
You dont want to trust a company with the best wallet in the world that delivers constantly but you will trust a Russian with millions of dollars in a NXT clone.People get your priorities right.
It is not an ICO though, which doesn't make the fact that it hasn't been added into any exchanges too surprising, but that's not the only factor. It's not as simple to add colored coins into an exchange when the existing infastructure supports other kinds of tokens. The crowdsale was met with decent success though, based in the money that it attracted. The fact that no exchange Was prepared to add the token at launch kinda gues to show that there wasn't enough interest from third party exchanges, on which Mycelium implied reliance for trading (at least for now). I'm sure that this has been disappointing to certain investors as this non-security hasn't showcased any speculative value so far, which always is in the interest of people that put money in such bitcoin related "investments". But I guess that I am a dick for posting my thoughts on the matter. Tongue

First of all, waves and mycelium fucked over their investors by buying each other's icos and esenially just swapping btc back and forth while diluting everyone else.

Second, mycelium raised 5000 btc for 5% of the wallet. The next round is for 25% of the wallet and needs to make 25000 btc for the first round investors to break even. If you invested a lot into this wallet, i feel sorry for you.

full member
Activity: 126
Merit: 100
I dont think your a dick you have good concerns.The coloured coin is a step up from the normal alt and not easy for an exchange to cope with straight away.Nobody is trading waves and its released a few days except Yobitt and thats a con just.
Good companies look for long term investors so the ability to trade straight away is not top of there agenda.Their will be another crowdsale this year so even if no exchange ever quotes it I am still only tied in a matter of months at the most.(Sorry please excuse my english) Actually want it to convert to B shares myself
sr. member
Activity: 434
Merit: 250
i would never buy any coin or token if it's not going to be listed on an exchange. alts are not secondary private market assets.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Well I invested quite a bit into Mycelium think its a better deal as some of those other ICOs.Not interested if an exchange wants to trade it or not though I bet many will.Here for the long haul till Mycelium turns into a financial institution.
You dont want to trust a company with the best wallet in the world that delivers constantly but you will trust a Russian with millions of dollars in a NXT clone.People get your priorities right.
It is not an ICO though, which doesn't make the fact that it hasn't been added into any exchanges too surprising, but that's not the only factor. It's not as simple to add colored coins into an exchange when the existing infastructure supports other kinds of tokens. The crowdsale was met with decent success though, based in the money that it attracted. The fact that no exchange Was prepared to add the token at launch kinda gues to show that there wasn't enough interest from third party exchanges, on which Mycelium implied reliance for trading (at least for now). I'm sure that this has been disappointing to certain investors as this non-security hasn't showcased any speculative value so far, which always is in the interest of people that put money in such bitcoin related "investments". But I guess that I am a dick for posting my thoughts on the matter. Tongue
full member
Activity: 126
Merit: 100
Also I like the Idea your stake is tied to the dollar not Bitcoin
legendary
Activity: 1344
Merit: 1000
another business plan that seems to heavily rely on the word tokin

You must've missed something. Nothing in the business plan relies on tokens.

can u post a link? also never heard of coloured coins or token

coins living up to their reputation  while this smart contract

stuff  sounds great it's to quickly turned into a ponzi

because of no fixed supply and other fairly lax rules that

really don't constitute a real Crypto and are more likely

than not a trick to confuse the consumer away from

Bitcoins and Litecoins
legendary
Activity: 1680
Merit: 1035
another business plan that seems to heavily rely on the word tokin

You must've missed something. Nothing in the business plan relies on tokens.
legendary
Activity: 1680
Merit: 1035
I really like the idea of using Colored Coins. I never received one before.
The colu interface is alight. Seems like they require you to enter a company name which I just used one of my domain names. It looks like you can export your private key.

Yeah, that company name is weird. Most people just made something up. Glad to hear Colu is OK and leto you export the private key. I didn't use it because I couldn't participate in this crowdsale.
legendary
Activity: 1344
Merit: 1000
another business plan that seems to heavily rely on the word tokin
legendary
Activity: 1680
Merit: 1035
At least post a link to the business plan if it's the cornerstone to ur argument

It was part of the announcement, and on the wallet website https://bitcointalksearch.org/topic/mycelium-new-wallet-and-crowdsale-1452147

Calling me a dick over criticism?

I never call people dick over criticism. I answered your criticisms. You continued to be a dick afterwards.

If I wasn't putting out valid questions, as many community members in this thread are doing, I guess that you wouldn't be addressing my criticisms in the first place.

They're weren't valid questions, they were invalid claims based on you misunderstanding a bunch of fundamentals that were explained in the documents, and in various other online sources. Typically people ask what something is if they don't understand it, instead of gojng, "Aha! Look what I found hidden in this document! Scammers!" After addressing your questions and criticisms, you just kept pressing with "but you promised" and "you missed that date" Even though nothing of sort was promised. Basically you went from criticisms to trying to find any faults for fault's sake, regardless of whether there was any fault. So, a dick.

The reason I'm saying that no exchange seems to have rushed to include your token is because I find it remarkable. There were cryptos that were less legitimate than your token that were traded from day one. And don't worry, I'm not saying that it's you that should be blamed, I can't be sure of what's going on in the background. Perhaps no exchange has included the token so far because there's not enough documentation of the colored coin system that is being used, or it could be the complexity of this non-security.

I'm still surprised you expected this to be added to an exchange so soon, or faulting anyone that it hasn't yet, or caring whether it is or not, since you don't have tokens and don't intent to buy any (see previous paragraph). I've been in this a while, and things being added right away practically never happens. Only time I remember small cryptos being added from day one was on tiny obscure exchanges, with cryptos that were basically copies of other cryptos and thus easy to set up.
member
Activity: 110
Merit: 10
I really like the idea of using Colored Coins. I never received one before.
The colu interface is alight. Seems like they require you to enter a company name which I just used one of my domain names. It looks like you can export your private key.
full member
Activity: 126
Merit: 100
Well I invested quite a bit into Mycelium think its a better deal as some of those other ICOs.Not interested if an exchange wants to trade it or not though I bet many will.Here for the long haul till Mycelium turns into a financial institution.
You dont want to trust a company with the best wallet in the world that delivers constantly but you will trust a Russian with millions of dollars in a NXT clone.People get your priorities right.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
It doesn't seem like any exchange rushed to do that, although you said that you tried.

Never claimed exchanges would rush to do that, or that I would only try until the token sale was over and give up. Still working on it. How long does it usually take for an exchange add new crypto after it's released? Like for Etherium for example? Two? Three months?

I know you're not being impatient, and just being a dick though. Not like you have anything invested in this besides hoping to be proven right about something, anything. But, I guess thanks for digging and keeping people/companies honest?
Calling me a dick over criticism? Well that was unnecessary, why would I need to have put a fortune in your project in the first place? If I wasn't putting out valid questions, as many community members in this thread are doing, I guess that you wouldn't be addressing my criticisms in the first place. You could have chosen to do this, but I'm getting called a dick instead.

But either way, I know what you did promise and what you did not. I do however find your comparison with ethereum aimless. Aithereum gathered millions in its presale yet it had no GUI wallet for a good while. You went with a third party token management system from day one. The reason I'm saying that no exchange seems to have rushed to include your token is because I find it remarkable. There were cryptos that were less legitimate than your token that were traded from day one. And don't worry, I'm not saying that it's you that should be blamed, I can't be sure of what's going on in the background. Perhaps no exchange has included the token so far because there's not enough documentation of the colored coin system that is being used, or it could be the complexity of this non-security.
member
Activity: 88
Merit: 10
...Unofficially I'm working more than I've ever worked before. Though I'm curious what exactly about me being retired would put you off.
WTF is your job, being furry & pissing people off?

Btw, sorry, am I pissing you off? How? Sorry if I did.

You got time to post catty comebacks, but couldn't spare 10 minutes to update this thread. There's that.
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