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Topic: [PIO] Pioneershares - REBRANDED TO AMSTERDEX - page 60. (Read 82874 times)

legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
Less then 2 days left for round one!
newbie
Activity: 13
Merit: 0
The twitter campaign was a complete succes! All 200 slots are taken before the end date  Smiley
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
OK, but what if CHIP price will be changing significantly?
Don't you think the fixed CHIP/BTC ratio should be defined explicitly?

There had to be drawn a line at some height.. So I choose for the avarage trading price of 300 Satoshi..
If the price goes higher because of round two, I will not change the set price. That would be unfair for people in round one..

This is not a swap, but an investment opportunity for both rounds.. There is no telling at this point how many coins will be collected in round two.. or what will happen with the markets..

 

So, 300 sats is official fixed exchange ratio for CHIP/BTC in round 2, correct...?

100% Correct..

On another note, the holding in chipcoin is very strong.. and long term visioned for most of the people involved.. The ones who do invest, will probably continue that vision in PIO Wink
hero member
Activity: 1022
Merit: 507
OK, but what if CHIP price will be changing significantly?
Don't you think the fixed CHIP/BTC ratio should be defined explicitly?

There had to be drawn a line at some height.. So I choose for the avarage trading price of 300 Satoshi..
If the price goes higher because of round two, I will not change the set price. That would be unfair for people in round one..

This is not a swap, but an investment opportunity for both rounds.. There is no telling at this point how many coins will be collected in round two.. or what will happen with the markets..

 

So, 300 sats is official fixed exchange ratio for CHIP/BTC in round 2, correct...?
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
OK, but what if CHIP price will be changing significantly?
Don't you think the fixed CHIP/BTC ratio should be defined explicitly?

There had to be drawn a line at some height.. So I choose for the avarage trading price of 300 Satoshi..
If the price goes higher because of round two, I will not change the set price. That would be unfair for people in round one..

This is not a swap, but an investment opportunity for both rounds.. There is no telling at this point how many coins will be collected in round two.. or what will happen with the markets..

hero member
Activity: 1022
Merit: 507
What amount of coins will be distributed, could't see this in the OP?

Total amount is 190 k PIO, but what's the amount of PIO that will be distributed in round one for BTC investors?

This all depends on the total outcome of round one and two together..

Example:

Round one raised 10 BTC

Round two raised 3.33 million Chipcoin = ~10 BTC
Chipcoin is pegged at 300 satoshi each, this is the average price of Chipcoin, and current market buy price.

Round one = 50% shares
Round two = 50% shares


Don't think Chipcoin holders are at an advantage here.. Every coin used in the crowdfund is bought once before on the free market.. This is the same for Bitcoin and Chipcoin.. Some bought cheap, some bought high..

The collected Chipcoin will be used for multiple new campaigns, and exchange promotions..  Wink


OK, but what if CHIP price will be changing significantly?
Don't you think the fixed CHIP/BTC ratio should be defined explicitly?

[Edit] You don't know the price people paid for CHIP so you can't actually calculate BTC amount for CHIP.
So, how exactly are you going to perform final calculations?
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
What amount of coins will be distributed, could't see this in the OP?

Total amount is 190 k PIO, but what's the amount of PIO that will be distributed in round one for BTC investors?

This all depends on the total outcome of round one and two together..

Example:

Round one raised 10 BTC

Round two raised 3.33 million Chipcoin = ~10 BTC
Chipcoin is pegged at 300 satoshi each, this is the average price of Chipcoin, and current market buy price.

Round one = 50% shares
Round two = 50% shares


Don't think Chipcoin holders are at an advantage here.. Every coin used in the crowdfund is bought once before on the free market.. This is the same for Bitcoin and Chipcoin.. Some bought cheap, some bought high..

The collected Chipcoin will be used for multiple new campaigns, and exchange promotions..  Wink
legendary
Activity: 1560
Merit: 1001
Epic Private Internet Cash
I think we have to get clear answer from the dev - how much PIO will be distrubited in first stage of ICO?
hero member
Activity: 1022
Merit: 507
What amount of coins will be distributed, could't see this in the OP?

Total amount is 190 k PIO, but what's the amount of PIO that will be distributed in round one for BTC investors?
190 k divided by the number of those btc prticipants and that we can see how much this coin will worth right mate?
i hope many support will join us here as the dev is really working hard for this to fullfill. good luck dev.

I think the distribution will be divided unequally between BTC and CHIP investors but not sure what will be proportions.
We only know that CHIP part is capped to 30 BTC but don't know the amout of PIO allocated to BTC round.

[Edit] And how is CHIP cap calculated? Is there a fixed price?
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
What amount of coins will be distributed, could't see this in the OP?

Total amount is 190 k PIO, but what's the amount of PIO that will be distributed in round one for BTC investors?
190 k divided by the number of those btc prticipants and that we can see how much this coin will worth right mate?
i hope many support will join us here as the dev is really working hard for this to fullfill. good luck dev.
hero member
Activity: 1022
Merit: 507
What amount of coins will be distributed, could't see this in the OP?

Total amount is 190 k PIO, but what's the amount of PIO that will be distributed in round one for BTC investors?
legendary
Activity: 1560
Merit: 1001
Epic Private Internet Cash
What amount of coins will be distributed, could't see this in the OP?
member
Activity: 107
Merit: 10
full member
Activity: 154
Merit: 100
~3 days left for round one people! Don't be late  Smiley

I will wait with my investment until the last day, have to create some funds by selling others. What is your goal? (Of course the more the better) But this project will continue regardless of the ICO-amount right? How will we get people to join the exchange besides the marketing? (Lower fees?) What coins will be on the exchange at the start, what will be the requirements on introducing new coins?

Yes, whatever happens, the project will continue.. I'm not starting something if I'm dependent on crowdfundings only  Wink

What will make us different from other exchanges is,
Fast and professional support
Customer friendly interface
Profit Shares
Mining pools
Integrated trading bot with auto-buy/sell
E-commerce payment plugins


Strict listing criteria such as,
Minimum chain age of 2-3 months
Big premine coins are avoided
No walletbuilder coins
No paid listings
Voting, but no paid voting (that is a paid listing lol)
No coins with 1 commit on git (lol)
Simple "proof of developer" test
Detailed source review

Basiscly a lot to protect our userbase from getting scammed, which is the responsibility of a quality exchange imho..


I have also to wait some time to get some funding sources together. Sad I invested in something that has I think no bigger future. Had to safe to coins.
full member
Activity: 187
Merit: 100
I like this idea and Banzai is a quality developer. Will be helping to seed this.
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
~3 days left for round one people! Don't be late  Smiley

I will wait with my investment until the last day, have to create some funds by selling others. What is your goal? (Of course the more the better) But this project will continue regardless of the ICO-amount right? How will we get people to join the exchange besides the marketing? (Lower fees?) What coins will be on the exchange at the start, what will be the requirements on introducing new coins?

Yes, whatever happens, the project will continue.. I'm not starting something if I'm dependent on crowdfundings only  Wink

What will make us different from other exchanges is,
Fast and professional support
Customer friendly interface
Profit Shares
Mining pools
Integrated trading bot with auto-buy/sell
E-commerce payment plugins


Strict listing criteria such as,
Minimum chain age of 2-3 months
Big premine coins are avoided
No walletbuilder coins
No paid listings
Voting, but no paid voting (that is a paid listing lol)
No coins with 1 commit on git (lol)
Simple "proof of developer" test
Detailed source review

Basiscly a lot to protect our userbase from getting scammed, which is the responsibility of a quality exchange imho..

member
Activity: 107
Merit: 10
~3 days left for round one people! Don't be late  Smiley

I will wait with my investment until the last day, have to create some funds by selling others. What is your goal? (Of course the more the better) But this project will continue regardless of the ICO-amount right? How will we get people to join the exchange besides the marketing? (Lower fees?) What coins will be on the exchange at the start, what will be the requirements on introducing new coins?
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
~3 days left for round one people! Don't be late  Smiley
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
This issue seems to be related to firefox users only.. I will work on a fix tomorrow.. I've added a "notice" banner for now on the dashboard page..




Still strange though.. Since I have tested it with the latest firefox version again this afternoon, and had no issues at all..




I was interested in throwing in on this project but once I joined the website I couldn't copy the address that was generated for me so I did it manually but the address isn't recognized by my wallet as a valid BTC adress so I pulled it from the page source but it still doesn't work. What is the problem here?

Issue solved through PM


I wanted to invest but had a problem with the website. I sent an email, but no one has gotten back to me. Can I get a PM about a password reset?

Send PM
legendary
Activity: 1526
Merit: 1002
Chipcoin Developer
That is rather odd.. I cant check the system now, I will be home in an hour or so..

My apologies to those having issues..
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