Topic: [PROC]-ProCurrency-| Pro Rewards |~ V1.3.6 BR - Minimum Version - page 86. (Read 140104 times)

tokens with just about 100k is struggling to have value, what do they plan for this PRO to have value while the total supply is 15 billion? must be a great plan dev absolutely brilliant. It will take forever for this to succeed.

Most of all experience those who have not invested a dime in this project, and those who are waiting for the bounty. The dev has already answered the questions of all, you just need to look at the topic. Here are two of his post with the answers- 1 2. Also there Escrow, so I think everyone will be able to recover their money.

i actually do see the vision that they are trying to accomplish, even though its not too clear. maybe this is a wake up call to how we think of crypto. maybe its time to see it from a different perspective, in all honesty, if they do accomplish mass adaption, 15 bil does make sense.
bitcoin was rejected by a lot of people at first.....

Exactly, why we need such a project and we had before, incent did the same thing and riased 1000 btc, that is why op wanted to raise money based on existing project?

IMO, every altcoin can integrate what PROCOMMERCE is achieving

Exactly, your quesiton is very vital, we need their answer, do they trick us, how can a 15 billion total coin project raise an ico with 3 cents price? It is robbery.

Too many damn coins first of all. 15 billion? At 3 cents each? I don't see how I would even make any good returns with this project.

The real problem is, people need to educate their self. It kind much repeated over and over again. What we can expect from premined?

This ico is way too expensive.

15 billion coins is A LOT of coins, at 3 cents each I just do not see them selling for much post launch.

Obviously the devs won't get hundreds of million of dollars in investors so what will the rest of the be used for...devs to dump on the market further screwing people who bought in?

what a joke.

Just update the Filipino translated OP of Pro commerce.

It looks good one, keep watching.

So there are no milestones?  They get all the bitcoins 7 days after the coins are released and wallet is stable?

signature campaign can still be?

This discussion is very interesting.
I expect from each party to provide the right information. I hope the DEV can answer honestly and commentators explain the right information and not a scam.
do this each debate. between DEV and also commentator

What coinmarket-cap shows or not shows is not that relevant. Imagine any of the more established projects, let's say Dash: Would people trade it if they would know: 99.9% is in the hand of the team? Of course not. They already had problems because of instamine-accusations! Or take Factom: Total supply is valued at about $30 million. And they have partnerships all over the world, they make real business. But the total supply of this 99.9%-premine-*whatever*-project should value at hundreds of millions without a whitepaper? People wouldn't even buy into Factom if the team would hold that much!

Since it's not possible that this is a quality-project and since there is proof that the guys behind didn't really think about it, it's not even relevant if this is a planned scam (if yes, not even smart) or just naive-stupid. Out of Investor-perspective both stays the same: Safe way to lose money.

no point in looking it up if they are dead.
So we are partially right, of course the total marketcap will be of 450m but it will not be shown in coinmarketcap.
Well dev has some answers to give us, i invested what i could afford to loose.
when i see the whitepaper and its detailed ill prob invest more depending on what is in there.
but hopefully it isnt a scam and all promises are made. but regardless people should always be aware.

I know that Coinmarketcap shows it that way. But that doesn't change the facts I've tried to explain above. Imagine it this way:

You start a project. And let's say that you are really a great CEO and Coder and totally honest - but there is nothing else yet than an idea. You sell the idea for 0.1% of the total supply. The rest is under your control or in escrow, will be released when you reach certain milestones.
The total supply is valued at about $500 million.

The 0.1% is the available supply that is on the market.

Since you are a great coder and you hired other great guys you meet those milestones over time and of course: You need funding and you want to distribute the currency. So you sell - maybe in additional ICO's. But if your first ICO already had a price as if the project already would be worth half a billion dollar - where should be room to make profit for your Investors? It will need years of perfect development and marketing and work in all aspects to get a project to such a valuation.  

But the problem is: Even if you would be the best coder and the most honest person - people can't possibly know if that is really the case until you prove it over time. But the decision to make such an ICO would already prove the opposite. It would show that you have no understanding. It's not possible that people will adopt a 99.9% premine-cryptocurrency! That wouldn't even be possible if the price would be a fraction of what it is now! And there is also no reason for another central-bank-illness! Cryptocurrencies are not about central-control - it's about the opposite!

And just to avoid misunderstandings: I'm not talking about you here - that's what this project is about. They have no clue!  


This project has zero chance and I'm not guessing! It's a fact!

And because your question about Neucoin:

This was my prediction right after launch end of Sept 15:



This is the chart:




It's dead... And btw, Neucoin-Investors also called me a troll while I just outlined the facts. And Neucoin was much bigger than this project. Even the Doge-Inventor Jackson Palmer promoted it and the Founder of Neucoin was the Millionair behind Candy-Crush.

I noticed these guys because i went trough the top 50 coins to buy;
http://coinmarketcap.com/currencies/e-dinar-coin/

you see how the available is different than the total? and there is a wayyyy huge almost impossible max supply lol
market cap is based on their available is you make the calculations
of course i havent bought the coin and dont intend to until i actually research it

ill look it Neucoin too
do you have a link of them?

Why am I wrong with the marketcap-aspect? And sure, would like to see a working project with such economics.

The only project I know that tried something similar was Neucoin. Investors gave about $1 million in Bitcoin. They've lost everything(!), the price went down from 7000 Sat to 1 Sat while Bitcoin increased from about $250 to what it is now.

again, you are wrong in the market cap aspect.
but you have very good points and dev will need to answer that.
i can send you a link to a coin that works that way?