[SKY] Skycoin Launch Announcement - page 62.

nolispui

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Quote from: Relaxedsense on April 19, 2017, 07:58:20 AM

I think the only real solution is to burn a considerable amount, lets say 80 Million, after which only 15 million will be left over for distribution. The devs could keep a significant amount, lets say 5 mil, to fund future development.

Ideas?

I too think this is a pretty good idea

JUSTDLISK

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Bancor

Quote from: Relaxedsense on April 19, 2017, 07:58:20 AM

I think the only real solution is to burn a considerable amount, lets say 80 Million, after which only 15 million will be left over for distribution. The devs could keep a significant amount, lets say 5 mil, to fund future development.

Ideas?

Agreed,
I would have purchased more if the distribution wasn't so rediculous,

Relaxedsense

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I think the only real solution is to burn a considerable amount, lets say 80 Million, after which only 15 million will be left over for distribution. The devs could keep a significant amount, lets say 5 mil, to fund future development.

Ideas?

fiftyseven

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Activity: 427

Merit: 252

Quote from: Caesar V on April 19, 2017, 06:38:02 AM

I love this coin, 3.5 Years of development, that is good but distribution cannot be the same, you are confusing the economy for no reason and there will always be a big question mark above this project. I have traded cryptos on this forum for about 4 years now and this is one of the worst distributions I've ever seen, putting a huge stain on its amazing tech, there is no excuse for this.

I've been on this forum about that long too (3.5 years or so) and this one completely passed me by. I read the entire thread not long ago and was blown away at its innovations and plans.

I think the excuse the dev does have, which appears valid in the realm of the dev is that he simply wasn't prepared for it to be openly traded yet. The code was there and the market has caught up unfortunately.

From someone who's just bought 1000 or so to see where this would go, it's not a big enough investment that if all 100 million were suddenly distributed, I'd kill myself but I'm sure there are people who've put a lot more in and want to see long term value. If the dev team keep the several million they have aside, is there any real reason for not burning a lot of the remainder instead of trying to control the release of the rest centrally and arbitrarily?

Caesar V

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Quote from: fiftyseven on April 19, 2017, 02:51:47 AM

Quote from: ICOcountdown.com on April 18, 2017, 10:09:04 PM

Retweet everyone:

https://twitter.com/ICOcountdown/status/854532069686468609

Cool

I'd be surprised if Poloniex listed it with a question mark over the remaining 95% of the supply being in the dev's control regardless of the longevity and validity of the project.

Exactly, I've read everything that the dev has said in this thread recently but nothing he said really gives an excuse for this. Distribution should be a priority or the whole project just looks incompetent, the more people find out about the coin while the distribution is basically non existent, the more people will lose interest in the project simply because they have no access to the coins at a normal price, knowing that devs are holding 95% of the supply and the coin has already been in development for 3.5 years.

I love this coin, 3.5 Years of development, that is good but distribution cannot be the same, you are confusing the economy for no reason and there will always be a big question mark above this project. I have traded cryptos on this forum for about 4 years now and this is one of the worst distributions I've ever seen, putting a huge stain on its amazing tech, there is no excuse for this.

fiftyseven

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Activity: 427

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Quote from: ICOcountdown.com on April 18, 2017, 10:09:04 PM

Retweet everyone:

https://twitter.com/ICOcountdown/status/854532069686468609

Cool

I'd be surprised if Poloniex listed it with a question mark over the remaining 95% of the supply being in the dev's control regardless of the longevity and validity of the project.

ICOcountdown.com

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Retweet everyone:

https://twitter.com/ICOcountdown/status/854532069686468609

Cool

xtester

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Activity: 840

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Risk taker & Black Swan farmer.

mercury

newbie

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Plans for other exchanges?

Sam123

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Quote from: yufu571 on April 18, 2017, 02:46:46 AM

Quote from: skycoin on April 18, 2017, 02:35:55 AM

Quote from: jordan coins on April 17, 2017, 03:42:41 PM

Total Supply : 5,250,299 SKY
$0.799565

The price is high ؟؟؟ why Embarrassed

It has been in development for over six years

Now $1.09. Roll Eyes

Look at the white papers
- http://skycoin.net/whitepapers.html

If we succeed we will have
- a solid coin (with the first new consensus algorithm since PeerCoin, pioneering innovation in UXTO model, transaction faster than a credit card transaction, pioneer in JSON APIs for ease of user with external applications and thin client interface, no external dependencies and solid security model).
- a solid wallet (with multi-coin support "universal wallet", intrinsic support for gmaxwell's CoinJoin protocol and improved privacy). I think we are the only coin who did CoinJoin correctly. It gives Skycoin ZeroCoin zsnarks level transaction privacy, using a trusted third party and with no overhead over a normal transaction.
- A solid user community and application ecosystem. The Skycoin application ecosystem will become very important for driving adaption.

Ultimately, Skycoin aims to be best in class in every attribute.

The coin on its strengths and technical merit alone, can easily achieve a top 10 position. But we will need the application ecosystem to get a position among Ethereum and Bitcoin and be a top 3 coin.

After six years, the price of Skycoin is too low for ICO investors.

But the price almost triple. Not to bad from ICO (2500 SKY for 1 BTC)

coinspeed

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Activity: 225

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Guys, how about some community stuff, like twitter, telegram, slack maybe?
And what's up with the distribution issue?

Some other coins actually make it their business to take care of stuff like these and they even have volume on exchanges too.
Fascinating, don't you think? Cheesy

RobbWorld

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Activity: 82

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Quote from: bitcoinerik on April 18, 2017, 05:06:41 AM

Hi there,

I'm new here.

I have read: there al 100,000,000 coins. Price is now about $1,00.
So the value is in fact 100,000,000 USD ?

No. Sold only about 5 millions.

bitcoinerik

member

Activity: 81

Merit: 10

Hi there,

I'm new here.

I have read: there al 100,000,000 coins. Price is now about $1,00.
So the value is in fact 100,000,000 USD ?

dsutil

member

Activity: 116

Merit: 10

Quote from: sva_h4cky0 on April 18, 2017, 04:54:34 AM

wait... so no more ico?

what happen to 1500 sky/ 1 btc ico, which is suppose to start on 15 april?

Huh

It was sold outand I missed it also. :-( . I want a second ICO also. :-)

sva_h4cky0

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Activity: 308

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onore dikeido

wait... so no more ico?

what happen to 1500 sky/ 1 btc ico, which is suppose to start on 15 april?

Huh

Spratan

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Quote from: yufu571 on April 18, 2017, 02:46:46 AM

Quote from: skycoin on April 18, 2017, 02:35:55 AM

Quote from: jordan coins on April 17, 2017, 03:42:41 PM

Total Supply : 5,250,299 SKY
$0.799565

The price is high ؟؟؟ why Embarrassed

It has been in development for over six years

Now $1.09. Roll Eyes

Look at the white papers
- http://skycoin.net/whitepapers.html

If we succeed we will have
- a solid coin (with the first new consensus algorithm since PeerCoin, pioneering innovation in UXTO model, transaction faster than a credit card transaction, pioneer in JSON APIs for ease of user with external applications and thin client interface, no external dependencies and solid security model).
- a solid wallet (with multi-coin support "universal wallet", intrinsic support for gmaxwell's CoinJoin protocol and improved privacy). I think we are the only coin who did CoinJoin correctly. It gives Skycoin ZeroCoin zsnarks level transaction privacy, using a trusted third party and with no overhead over a normal transaction.
- A solid user community and application ecosystem. The Skycoin application ecosystem will become very important for driving adaption.

Ultimately, Skycoin aims to be best in class in every attribute.

The coin on its strengths and technical merit alone, can easily achieve a top 10 position. But we will need the application ecosystem to get a position among Ethereum and Bitcoin and be a top 3 coin.

After six years, the price of Skycoin is too low for ICO investors.

Ideal mix from my point of view. 6 years in developpment but only one day on coinmarketcap. High value, but no market price so far.

yufu571

full member

Activity: 144

Merit: 100

Quote from: skycoin on April 18, 2017, 02:35:55 AM

Quote from: jordan coins on April 17, 2017, 03:42:41 PM

Total Supply : 5,250,299 SKY
$0.799565

The price is high ؟؟؟ why Embarrassed

It has been in development for over six years

Now $1.09. Roll Eyes

Look at the white papers
- http://skycoin.net/whitepapers.html

If we succeed we will have
- a solid coin (with the first new consensus algorithm since PeerCoin, pioneering innovation in UXTO model, transaction faster than a credit card transaction, pioneer in JSON APIs for ease of user with external applications and thin client interface, no external dependencies and solid security model).
- a solid wallet (with multi-coin support "universal wallet", intrinsic support for gmaxwell's CoinJoin protocol and improved privacy). I think we are the only coin who did CoinJoin correctly. It gives Skycoin ZeroCoin zsnarks level transaction privacy, using a trusted third party and with no overhead over a normal transaction.
- A solid user community and application ecosystem. The Skycoin application ecosystem will become very important for driving adaption.

Ultimately, Skycoin aims to be best in class in every attribute.

The coin on its strengths and technical merit alone, can easily achieve a top 10 position. But we will need the application ecosystem to get a position among Ethereum and Bitcoin and be a top 3 coin.

After six years, the price of Skycoin is too low for ICO investors.

skycoin

hero member

Activity: 498

Merit: 500

Quote from: jordan coins on April 17, 2017, 03:42:41 PM

Total Supply : 5,250,299 SKY
$0.799565

The price is high ؟؟؟ why Embarrassed

It has been in development for over six years

Now $1.09. Roll Eyes

Look at the white papers
- http://skycoin.net/whitepapers.html

If we succeed we will have
- a solid coin (with the first new consensus algorithm since PeerCoin, pioneering innovation in UXTO model, transaction faster than a credit card transaction, pioneer in JSON APIs for ease of user with external applications and thin client interface, no external dependencies and solid security model).
- a solid wallet (with multi-coin support "universal wallet", intrinsic support for gmaxwell's CoinJoin protocol and improved privacy). I think we are the only coin who did CoinJoin correctly. It gives Skycoin ZeroCoin zsnarks level transaction privacy, using a trusted third party and with no overhead over a normal transaction.
- A solid user community and application ecosystem. The Skycoin application ecosystem will become very important for driving adaption.

Ultimately, Skycoin aims to be best in class in every attribute.

The coin on its strengths and technical merit alone, can easily achieve a top 10 position. But we will need the application ecosystem to get a position among Ethereum and Bitcoin and be a top 3 coin.

skycoin

hero member

Activity: 498

Merit: 500

Update:

Listed on coin market cap.

https://coinmarketcap.com/currencies/skycoin/

ICOcountdown.com

hero member

Activity: 1008

Merit: 500

c2cx issues will be worked out. Don't worry - Skycoin developers know them and work with them.

Topic: [SKY] Skycoin Launch Announcement - page 62. (Read 381579 times)