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Topic: Should we enable the Crypti owners to trade their holdings right now? (Read 3810 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
hero member
Activity: 1204
Merit: 509
How do we know non holders are not voting in this?Huh??

That probably concerns me more than the actual pre-sale.

Either the devs made up their mind early to do the pre-sale regardless of the vote.
Or didn't have the foresight to realize that non-coin owners could very easily vote in this poll. I'll also add the vote was done in a forum known for many people having tons of sockpuppets too.

So... forget the poll. It doesn't mean anything. The devs should just come out and say they wanted the presale from the beginning and be done with it.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
How do we know non holders are not voting in this?Huh??
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
Important update

Following the overhelming majority of buyers voting positively to start an early trading, we have contacted Bter to provide us with the final data snapshot.
We are now updating the ledger with the final data, and will publish it soon. Once done, we will provide Bter with the final list of ID's, in order to perform the distribution and any remaining refunds.

Moreover, the official ticker XCR was chosen by the community, and reserved on Bter!


Please read more at the latest blogpost:

Pre-Trade Announcement & Ticker chosen!
legendary
Activity: 952
Merit: 1000
Stagnation is Death
Start the trading now
member
Activity: 293
Merit: 10
Expect an announcement soon.

Okay I look forward to an announcement. It would seem to be a safe way for current coin holders to sell their coins. Should they decide to do so..
hero member
Activity: 518
Merit: 500
Expect an announcement soon.
newbie
Activity: 28
Merit: 0
just do it already....

coming from a newbie dump account.

and even when what you gonna do, huh? Cool
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
If it is true then I am buying for 10 BTC.But what will be the price?

Price? That is what is called "the market"

Depends on two factors:  supply and demand. Your 10 BTC is the demand, the available CXX is the supply.  Demand raises prices, supply lowers prices. 

My educated guess is that the shares will start out at 5 times original price, or around 5000 satoshi a CXX.

Where it goes from there depends upon the market.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
just do it already....

coming from a newbie dump account.
sr. member
Activity: 244
Merit: 250
If it is true then I am buying for 10 BTC.But what will be the price?
newbie
Activity: 28
Merit: 0
just do it already....
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
Many voters are not investors. So I doubt the vote result.

It should trade at launch time Aug.10 as the OP.

Some of the voters are people that want to buy into the sale
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
when will the decision be made (is there a deadline)? Whether it be "yes" or "no".
Regards

they want more investors to vote.  There are only 76 votes for 450 or so investors.  
newbie
Activity: 23
Merit: 0
Many voters are not investors. So I doubt the vote result.

It should trade at launch time Aug.10 as the OP.
member
Activity: 293
Merit: 10
when will the decision be made (is there a deadline)? Whether it be "yes" or "no".
Regards
member
Activity: 84
Merit: 10
when can trade the crypti token?
U
full member
Activity: 503
Merit: 106
when can trade the crypti token?
hero member
Activity: 756
Merit: 502
I don't think a simple majority vote should suffice as many investors will not even check back until the agreed on launch date and have no clue this poll is up. It is impossible to check on every investment continuously and when a date is set it should be adhered to.

It's a good comment, and I will ask Bter to add a link to this poll at CRSALE, so everyone checking there could see it.

We are looking to reach a high enough number of voters, which will represent a large enough sampling of the buyers community.
hero member
Activity: 756
Merit: 502
Once trading starts for per-coins, the ability to get a refund on your pre-sale investment ends.

We are completely open about this in the post, buyers should certainly take it in consideration when voting.

It's important to note that as per our pre-sale declaration, the funds will be transferred into multi-sig / insured (CoPay or Xapo) wallet, both publicly visible and controlled by the Foundation.
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