[PRE-ANN] OPAIR | Decentralized Debit Cards | OCaml | New Blockchain Platform - page 54.

looking4thegrail

member

Activity: 74

Merit: 10

Quote from: BasementRot on September 02, 2016, 09:29:47 PM

Quote from: XbladeX on September 02, 2016, 09:13:17 PM

Quote from: BasementRot on September 02, 2016, 08:20:04 PM

....
Its like stage 2 people are reserving coins (with 0 cost and risk) that would have been split among stage 1 people. If the coins profit, they take them. If the coins lose money they can decide, after the fact, to dump those coins on stage 1 people.
.....

But 1st stage people can DUMP before 2nd stage guys will come to party, they can dump so hard that they will have less than ICO price(seeing realty shitty wallet).
1st stage people have 1st opportunity to get out before 2nd stage people will have chance to dump.
If DEVs deliver poor beta wallet 2nd stage people are in ass, escrow have to release founds while 1st stage people are dumping hard to 0000 sat.
Whole point of escrow was to protect people from scamming devs that mean taking money away releasing 0.1BTC wallet to dump and vanishing...

Stage 2 people wouldn't care, because they can dump those worthless coins on the stage 1 people at 100% original ico value. Thus screwing over stage 1 people.

If there was profit, stage 2 takes it. If there was lose, they dump it on stage 1 investors. That plan is nonsense if you think about it.

You're just being negative for no reason now. It is beneficial to stage 2 people except for the fact that there could be a day delay before SJ gets back to them if they want to cash out their XPO. It is the best option though. Waiting for we don't even know how many weeks while a bunch of other icos swarm is not good. This is the best solution. Assuming wasserman delivers, stage 2 people will be in. If wasserman doesn't deliver, it doesn't matter that we were diluted anyway.

BasementRot

full member

Activity: 126

Merit: 100

Quote from: XbladeX on September 02, 2016, 09:13:17 PM

Quote from: BasementRot on September 02, 2016, 08:20:04 PM

....
Its like stage 2 people are reserving coins (with 0 cost and risk) that would have been split among stage 1 people. If the coins profit, they take them. If the coins lose money they can decide, after the fact, to dump those coins on stage 1 people.
.....

But 1st stage people can DUMP before 2nd stage guys will come to party, they can dump so hard that they will have less than ICO price(seeing realty shitty wallet).
1st stage people have 1st opportunity to get out before 2nd stage people will have chance to dump.
If DEVs deliver poor beta wallet 2nd stage people are in ass, escrow have to release founds while 1st stage people are dumping hard to 0000 sat.
Whole point of escrow was to protect people from scamming devs that mean taking money away releasing 0.1BTC wallet to dump and vanishing...

Stage 2 people wouldn't care, because they can dump those worthless coins on the stage 1 people at 100% original ico value. Thus screwing over stage 1 people.

If there was profit, stage 2 takes it. If there was lose, they dump it on stage 1 investors. That plan is nonsense if you think about it.

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: BasementRot on September 02, 2016, 08:20:04 PM

....
Its like stage 2 people are reserving coins (with 0 cost and risk) that would have been split among stage 1 people. If the coins profit, they take them. If the coins lose money they can decide, after the fact, to dump those coins on stage 1 people.
.....

But 1st stage people can DUMP before 2nd stage guys will come to party, they can dump so hard that they will have less than ICO price(seeing realty shitty wallet).
1st stage people have 1st opportunity to get out before 2nd stage people will have chance to dump.
If DEVs deliver poor beta wallet 2nd stage people are in ass, escrow have to release founds while 1st stage people are dumping hard to 0000 sat.
Whole point of escrow was to protect people from scamming devs that mean taking money away releasing 0.1BTC wallet to dump and vanishing...

BasementRot

full member

Activity: 126

Merit: 100

Quote from: looking4thegrail on September 02, 2016, 07:52:11 PM

Wasserman already agreed to this plan https://bitcointalksearch.org/topic/m.16126938

If SJ agrees, the matter will be settled.

This plan is also bad!

That plan would mean that phase 2 people wait and see what Opair is trading for at exchange. Then decide if they want to release the funds to wasserman and get coins, wait or get a refund?

Its like stage 2 people are reserving coins (with 0 cost and risk) that would have been split among stage 1 people. If the coins profit, they take them. If the coins lose money they can decide, after the fact, to dump those coins on stage 1 people.

This plan screws over stage 1 people, and we certainly didn't agree to this sort of thing. I'm afraid the only fair thing is for investors to decide if they want in or out before the coins are distributed.

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: BasementRot on September 02, 2016, 05:59:41 PM

....
I think this is a bad plan!

Do not give wasserman 15 BTC to release a basic wallet that cost .5 btc to produce and is supposedly already completed?
Do not give wasserman 15 BTC for listing on exchange that cost 3 BTC.
Do not give wasserman 9% POW, that is suppose to secure the network. And I did not sign up for that.

Wasserman has our $35,000 in his pocket AND 2 developers on the team.
Supposedly a lot of work is already done and close to release or beta.

PS - Phase 2 investors, you have the power to decide what SebastianJu does with your money. Send him a message to verify your stake and cast a vote for whatever.

I agree that is bad plan because we give away 26BTC for actions cots ~4BTC and no prof of developing something.
I don't mind any condition besides i want see some developing job.

And those who want release 30 BTC for 4BTC no brainier actions want just for exchange listing
they are probably 1st round guys wanted dump ASAP ...

If i were scammer i would seek any easy solution to get as much money i can before vanish and making no developing
(because developing acc are fake )

Just prove us that you can lead project by developing something.

And as i said before 33 000$ is enough for 2 people deliver something.

looking4thegrail

member

Activity: 74

Merit: 10

Quote from: BasementRot on September 02, 2016, 05:59:41 PM

Quote from: BoldNinja on September 01, 2016, 09:26:59 AM

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I think this is a bad plan!

Do not give wasserman 15 BTC to release a basic wallet that cost .5 btc to produce and is supposedly already completed?
Do not give wasserman 15 BTC for listing on exchange that cost 3 BTC.
Do not give wasserman 9% POW, that is suppose to secure the network. And I did not sign up for that.

Wasserman has our $35,000 in his pocket AND 2 developers on the team.
Supposedly a lot of work is already done and close to release or beta.

PS - Phase 2 investors, you have the power to decide what SebastianJu does with your money. Send him a message to verify your stake and cast a vote for whatever.

Wasserman already agreed to this plan https://bitcointalksearch.org/topic/m.16126938

If SJ agrees, the matter will be settled.

BasementRot

full member

Activity: 126

Merit: 100

Quote from: BoldNinja on September 01, 2016, 09:26:59 AM

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I think this is a bad plan!

Do not give wasserman 15 BTC to release a basic wallet that cost .5 btc to produce and is supposedly already completed?
Do not give wasserman 15 BTC for listing on exchange that cost 3 BTC.
Do not give wasserman 9% POW, that is suppose to secure the network. And I did not sign up for that.

Wasserman has our $35,000 in his pocket AND 2 developers on the team.
Supposedly a lot of work is already done and close to release or beta.

PS - Phase 2 investors, you have the power to decide what SebastianJu does with your money. Send him a message to verify your stake and cast a vote for whatever.

cryptodv

hero member

Activity: 1092

Merit: 507

btcstakes.com

Came back to see if there was any mediation between the investors and the dev, guess not. Undecided

nasituygun

legendary

Activity: 952

Merit: 1006

Quote from: Dank Frank on September 02, 2016, 03:30:41 PM

Quote from: wasserman99 on September 02, 2016, 03:15:30 PM

Quote from: looking4thegrail on September 02, 2016, 02:39:26 PM

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

Yes, as I said we are open to accept any plan (we think that the BoldNinja proposal is the most suitable) but we need the consensus with SJ to reach an agreement. Given its too much work I dont think that SJ agree to it, but if he is ok this, we are too.

Regards

Pay the signature bounties wasserman! You got more then enough coins to do so thanks to that campaign, no valid reasons to hold that back as well.

Time to prove this is not a scam and regain a little trust from the community.

This.

There are also several people who are hurt from the signature campaign. Please do proceed with paying as it's a first step of regaining trust as Dank pointed out.

baggle

full member

Activity: 240

Merit: 100

Why do Opair team care so much about the funds holded by SJ?

You already hold a lot of BTC gathered during the early ICO, when no escrow was planned.

I do not see why you can't go coding to deliver what you promised, then find a good exchange for XPO.

There is no reason for Opair team to focus on those escrowed funds, those you already have in your hands, more than 30BTC if i remember correctly, are much more than enough to work, fund what need to be funded, pay exchanges to be added if it is required.

@wasserman99, just do the job, show some good code, tell your developer team (if it really exists) to come here but also to do an interview (even just an audio one), deliver the wallet, find an exchange.

There are so many stuffs you got to do before caring about an "agreement".

SJ isn't an idiot, no doubt funds will be delivered if you PM him once you will have done what you have to.

Just work in the right way, and bring proofs and updates.

looking4thegrail

member

Activity: 74

Merit: 10

Quote from: wasserman99 on September 02, 2016, 03:15:30 PM

Quote from: looking4thegrail on September 02, 2016, 02:39:26 PM

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

Yes, as I said we are open to accept any plan (we think that the BoldNinja proposal is the most suitable) but we need the consensus with SJ to reach an agreement. Given its too much work I dont think that SJ agree to it, but if he is ok this, we are too.

Regards

I sent pm to SJ about it.

Dank Frank

sr. member

Activity: 406

Merit: 250

Too Weird to Live. Too Rare to Die...

Quote from: wasserman99 on September 02, 2016, 03:15:30 PM

Quote from: looking4thegrail on September 02, 2016, 02:39:26 PM

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

Yes, as I said we are open to accept any plan (we think that the BoldNinja proposal is the most suitable) but we need the consensus with SJ to reach an agreement. Given its too much work I dont think that SJ agree to it, but if he is ok this, we are too.

Regards

Pay the signature bounties wasserman! You got more then enough coins to do so thanks to that campaign, no valid reasons to hold that back as well.

Time to prove this is not a scam and regain a little trust from the community.

wasserman99

sr. member

Activity: 476

Merit: 250

Quote from: looking4thegrail on September 02, 2016, 02:39:26 PM

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

Yes, as I said we are open to accept any plan (we think that the BoldNinja proposal is the most suitable) but we need the consensus with SJ to reach an agreement. Given its too much work I dont think that SJ agree to it, but if he is ok this, we are too.

Regards

looking4thegrail

member

Activity: 74

Merit: 10

People who are angry, stop typing and let wasserman answer this. Then if SJ agrees too, we'll have a solution. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you. This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

Rkana

sr. member

Activity: 281

Merit: 250

RK Coin Services - Alt Coins Dev (ETH-BTC & More)

I cant believe there are actually some people on this thread defending this fishy dev. Why is he so concerned about the ico funds and not
the Project itself? He is even very lucky that he got 60btc in hands for free I totally regret being a phase 1 investor.
Now I believe that this fishy dev want as much btc so he can run without making no effort. The way i see it, there is no development going on.
Shame on you wassermn99 i hope karma catch you soon.

ttookk

hero member

Activity: 994

Merit: 513

Quote from: wasserman99 on September 02, 2016, 01:41:02 PM

(…) But why he dont accept a plan that includes delivering the work before releasing the funds. (…)

Isn't this pretty much everything you need to know?

I feel bad for SebastianJu now. This looks like a lot of work. Not sure if it's worth the 4.2 BTC.

If he does refund, tip him well. He probably saved your asses, so be grateful.

I feel bad because I'm actually having a great time following this thread…

Dank Frank

sr. member

Activity: 406

Merit: 250

Too Weird to Live. Too Rare to Die...

Quote from: looking4thegrail on September 02, 2016, 02:39:26 PM

Quote from: irfan_pak10 on September 02, 2016, 02:33:00 PM

First of all I'm an investor of opair ico, and want my btc refund.
Secondly I believe the people behind this project are likely having little or no experience. Because if someone is starting a project they should have come up with all the factors/ifs. Like if they couldn't able to get xx amount of btc what will be their next plan. Mean you will refund the money back to investors or make the xx things. These all the calculations should have done before coming to public.
And now you people are deciding on people reviews that what you will do next.

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

I simply signed one of my btc addresses I used to deposit with as proof to SJ I invested and send him a pm about how I lost trust in opair team and how they are handling things.
There must have been more people who done so, so the agreed statements in this thread can be disregarded because he can't see who invested and who not.

And also signature bounties are still not paid while Lutpin already contacted wasserman, there is no reason to hold of the bounties for any reason besides the reasons in wassermans head which makes no sense.

looking4thegrail

member

Activity: 74

Merit: 10

Quote from: irfan_pak10 on September 02, 2016, 02:33:00 PM

First of all I'm an investor of opair ico, and want my btc refund.
Secondly I believe the people behind this project are likely having little or no experience. Because if someone is starting a project they should have come up with all the factors/ifs. Like if they couldn't able to get xx amount of btc what will be their next plan. Mean you will refund the money back to investors or make the xx things. These all the calculations should have done before coming to public.
And now you people are deciding on people reviews that what you will do next.

True, but it's also SJ's fault for agreeing to escrow and saying terms later. Community demanded escrow so he had to do it. I think this is a great solution for all. Wasserman, do you agree?

Quote from: looking4thegrail on September 02, 2016, 02:13:56 PM

The $2,500 SJ would make if no one took refunds would be well worth it, but most bitcointalk people are lazy or can't do BTC stuff at work. It is a decent solution though. Wasserman would you agree if SJ agreed to take the phase 2 XPO as escrow? SJ would then be responsible for paying people XPO and sending you the BTC or refunding people BTC and sending you the XPO and you could just keep releasing things to increase the value of XPO on exchanges so people would take the XPO and release the escrow BTC to you.

edit: This would be very good as you could then give SJ the email address of every phase 2 user, the BTC they invested, and the XPO they should receive. Right now, it's hard for SJ to communicate with users since he doesn't have their email. This solution might be good for everyone. Wasserman, do you agree?

cryptobart

full member

Activity: 160

Merit: 100

Quote from: irfan_pak10 on September 02, 2016, 02:33:00 PM

First of all I'm an investor of opair ico, and want my btc refund.
Secondly I believe the people behind this project are likely having little or no experience. Because if someone is starting a project they should have come up with all the factors/ifs. Like if they couldn't able to get xx amount of btc what will be their next plan. Mean you will refund the money back to investors or make the xx things. These all the calculations should have done before coming to public.
And now you people are deciding on people reviews that what you will do next.

That's true. I doubt they even have a team, where's frank and hao btw? I think now is a good time for CEO to settle this mess.

irfan_pak10

legendary

Activity: 3234

Merit: 1654

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

First of all I'm an investor of opair ico, and want my btc refund.
Secondly I believe the people behind this project are likely having little or no experience. Because if someone is starting a project they should have come up with all the factors/ifs. Like if they couldn't able to get xx amount of btc what will be their next plan. Mean you will refund the money back to investors or make the xx things. These all the calculations should have done before coming to public.
And now you people are deciding on people reviews that what you will do next.

Topic: [PRE-ANN] OPAIR | Decentralized Debit Cards | OCaml | New Blockchain Platform - page 54. (Read 127659 times)