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Topic: [SKY] Skycoin Launch Announcement - page 68. (Read 381579 times)

hero member
Activity: 804
Merit: 500
DAO ↔ DApp
April 08, 2017, 08:39:15 PM
hang on guys... so 10% of the coins will be sold in the ICO? 90% held back, where 70% will be used "in the future". Can you guys elaborate on that a bit? I'm interested in this project, but not while only 10% of the supply is circulating. I also suspect this will prevent quite a few exchanges from getting involved. Maybe I didn't understand this proposed distribution... can anyone help me with that? I'm likely to wait until more than 60% of the supply is out there to jump in, but good luck on your project! (hello from NEM Xtester)

Smart move holding coins for 2CO and 3CO. I'm doing that with my ICO as well to foster future success over decades.

How do I buy the coin and what is the marketcap? So there's and ICO to buy right now?
full member
Activity: 180
Merit: 100
April 08, 2017, 06:14:49 PM
hang on guys... so 10% of the coins will be sold in the ICO? 90% held back, where 70% will be used "in the future". Can you guys elaborate on that a bit? I'm interested in this project, but not while only 10% of the supply is circulating. I also suspect this will prevent quite a few exchanges from getting involved. Maybe I didn't understand this proposed distribution... can anyone help me with that? I'm likely to wait until more than 60% of the supply is out there to jump in, but good luck on your project! (hello from NEM Xtester)
hero member
Activity: 621
Merit: 507
Radix-The Decentralized Finance Protocol
April 08, 2017, 05:31:14 PM
Been watching for Skycoin since years! Glad it's going to officially launch soon!

Unfortunately, I don't have anything to invest in such a great project at the moment, but if you are going to spread the word about it
and will be making bounties for OP, blogposts, whitepaper translations, please let me know!

I'll be glad to translate anything into Russian.

Thanks!
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
April 08, 2017, 07:40:26 AM
sr. member
Activity: 457
Merit: 250
Bancor
April 07, 2017, 08:44:46 PM
THe 'loading' sign on the slient never goes,
The client never loads, ii am using win 64 with electron version,
hero member
Activity: 1008
Merit: 500
April 07, 2017, 07:34:32 PM
How to create a skycoin wallet?
The easiet way?
Is there like a randomly generated print out wallet we can use?
Basically a wallet in which i don't have to use the client like easywallet

You can download the wallet on the website:

http://skycoin.net/

Make sure you backup your seed.


To everyone else we are talking to other exchanges to allow a easier user experience.

wallet doesnt work for me

Whats the valuation of this ICO?

What is the error, current valuation is hard to say because supply is not fully distributed.
sr. member
Activity: 457
Merit: 250
Bancor
April 07, 2017, 07:24:58 PM
How to create a skycoin wallet?
The easiet way?
Is there like a randomly generated print out wallet we can use?
Basically a wallet in which i don't have to use the client like easywallet

You can download the wallet on the website:

http://skycoin.net/

Make sure you backup your seed.


To everyone else we are talking to other exchanges to allow a easier user experience.

wallet doesnt work for me

Whats the valuation of this ICO?
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 07, 2017, 06:49:05 PM
Skycoin still has enough volume that you could make profit with smart trading
hero member
Activity: 1008
Merit: 500
April 07, 2017, 06:48:03 PM
How to create a skycoin wallet?
The easiet way?
Is there like a randomly generated print out wallet we can use?
Basically a wallet in which i don't have to use the client like easywallet

You can download the wallet on the website:

http://skycoin.net/

Make sure you backup your seed.


To everyone else we are talking to other exchanges to allow a easier user experience.
sr. member
Activity: 457
Merit: 250
Bancor
April 07, 2017, 06:31:50 PM
How to create a skycoin wallet?
The easiet way?
Is there like a randomly generated print out wallet we can use?
Basically a wallet in which i don't have to use the client like easywallet
hero member
Activity: 966
Merit: 501
April 07, 2017, 06:13:23 PM
c2cx says: Total SKY Redeemed: 388047 of 500000 SKY
It seems a little slow.
Will there be more  SKY available  while  500000 SKY are all redeemed?
hero member
Activity: 809
Merit: 1002
April 07, 2017, 11:19:58 AM
I am always amazed of the market cap of altcoins at the moment, some copycat coins getting 40 million plus at different times and vapourware like maidsafe having 80 million dollars plus. Skycoin is in the league of ethereum and Dash, really a marketcap of 150 million is my low valuation in one year.
If dash niche was privacy well a coin with privacy  network and the number of other features, how would would value this coin in a year or two years?

right on the market the coin should be 10 million, marketing growth and the going to the right conferences like open garden community it be soon 50 million.

with development releases and exciting news in a year 150 million

whale pumps could see 300 million very quickly.

do it right, which so far i believe it has been done perfectly.

put on a "anonymous mask" onto the coin and hit that privacy and censorship market. really could see 5 billion dollars

really your 50cents really could be $100 easy.
suggest putting in a least 1000 on order when you can, growth factor and first to market is going make people mouths drop, It is life changing opportunity possibility, turning poor people into wealthy people.



How will initial market cap be calculated? Or rather, what is the total supply going to be considered to be at release? This is one thing that isn't completely clear to me. Will a portion of the supply be considered inaccessible at the beginning or will all 100 million be factored into the calculation of market cap?

Coinmarketcap uses the total supply (number of coins on the blockchain) to calculate market cap, which for SKY will include any coins held in cold storage / in the dev fund for future development and projects. But keeping so many coins in reserve will be great for the price on the exchanges, although there will need to be transparency about the funds being held in reserve when the project gets to the point that really big investors hear about it and consider investing.

The reason I was wondering is because projects like Synero have somehow convinced coinmarketcap.com to calculate their market cap based only on circulating supply, around 80 million for the case of AMP, when the total supply is something around 950 million AMP.

Oh that's interesting I wasn't aware of that. Maybe Skycoin can do it that way too if the dev team can show the funds are in true locked down cold storage.

Storj (SJCX) has done the same. Marketcap represents only the coins in circulation, not the total coins available.

Yes I agree, IMO Skycoin should do everything in its power to make sure the marketcap only represents the coins in circulation.
legendary
Activity: 1386
Merit: 1000
April 07, 2017, 01:12:57 AM
I am always amazed of the market cap of altcoins at the moment, some copycat coins getting 40 million plus at different times and vapourware like maidsafe having 80 million dollars plus. Skycoin is in the league of ethereum and Dash, really a marketcap of 150 million is my low valuation in one year.
If dash niche was privacy well a coin with privacy  network and the number of other features, how would would value this coin in a year or two years?

right on the market the coin should be 10 million, marketing growth and the going to the right conferences like open garden community it be soon 50 million.

with development releases and exciting news in a year 150 million

whale pumps could see 300 million very quickly.

do it right, which so far i believe it has been done perfectly.

put on a "anonymous mask" onto the coin and hit that privacy and censorship market. really could see 5 billion dollars

really your 50cents really could be $100 easy.
suggest putting in a least 1000 on order when you can, growth factor and first to market is going make people mouths drop, It is life changing opportunity possibility, turning poor people into wealthy people.



How will initial market cap be calculated? Or rather, what is the total supply going to be considered to be at release? This is one thing that isn't completely clear to me. Will a portion of the supply be considered inaccessible at the beginning or will all 100 million be factored into the calculation of market cap?

Coinmarketcap uses the total supply (number of coins on the blockchain) to calculate market cap, which for SKY will include any coins held in cold storage / in the dev fund for future development and projects. But keeping so many coins in reserve will be great for the price on the exchanges, although there will need to be transparency about the funds being held in reserve when the project gets to the point that really big investors hear about it and consider investing.

The reason I was wondering is because projects like Synero have somehow convinced coinmarketcap.com to calculate their market cap based only on circulating supply, around 80 million for the case of AMP, when the total supply is something around 950 million AMP.

Oh that's interesting I wasn't aware of that. Maybe Skycoin can do it that way too if the dev team can show the funds are in true locked down cold storage.
hero member
Activity: 868
Merit: 1000
April 07, 2017, 01:10:53 AM
I am always amazed of the market cap of altcoins at the moment, some copycat coins getting 40 million plus at different times and vapourware like maidsafe having 80 million dollars plus. Skycoin is in the league of ethereum and Dash, really a marketcap of 150 million is my low valuation in one year.
If dash niche was privacy well a coin with privacy  network and the number of other features, how would would value this coin in a year or two years?

right on the market the coin should be 10 million, marketing growth and the going to the right conferences like open garden community it be soon 50 million.

with development releases and exciting news in a year 150 million

whale pumps could see 300 million very quickly.

do it right, which so far i believe it has been done perfectly.

put on a "anonymous mask" onto the coin and hit that privacy and censorship market. really could see 5 billion dollars

really your 50cents really could be $100 easy.
suggest putting in a least 1000 on order when you can, growth factor and first to market is going make people mouths drop, It is life changing opportunity possibility, turning poor people into wealthy people.



How will initial market cap be calculated? Or rather, what is the total supply going to be considered to be at release? This is one thing that isn't completely clear to me. Will a portion of the supply be considered inaccessible at the beginning or will all 100 million be factored into the calculation of market cap?

Coinmarketcap uses the total supply (number of coins on the blockchain) to calculate market cap, which for SKY will include any coins held in cold storage / in the dev fund for future development and projects. But keeping so many coins in reserve will be great for the price on the exchanges, although there will need to be transparency about the funds being held in reserve when the project gets to the point that really big investors hear about it and consider investing.

The reason I was wondering is because projects like Synero have somehow convinced coinmarketcap.com to calculate their market cap based only on circulating supply (around 80 million for the case of AMP) when the total supply is much larger (something around 950 million AMP).
legendary
Activity: 1386
Merit: 1000
April 07, 2017, 01:06:28 AM
I am always amazed of the market cap of altcoins at the moment, some copycat coins getting 40 million plus at different times and vapourware like maidsafe having 80 million dollars plus. Skycoin is in the league of ethereum and Dash, really a marketcap of 150 million is my low valuation in one year.
If dash niche was privacy well a coin with privacy  network and the number of other features, how would would value this coin in a year or two years?

right on the market the coin should be 10 million, marketing growth and the going to the right conferences like open garden community it be soon 50 million.

with development releases and exciting news in a year 150 million

whale pumps could see 300 million very quickly.

do it right, which so far i believe it has been done perfectly.

put on a "anonymous mask" onto the coin and hit that privacy and censorship market. really could see 5 billion dollars

really your 50cents really could be $100 easy.
suggest putting in a least 1000 on order when you can, growth factor and first to market is going make people mouths drop, It is life changing opportunity possibility, turning poor people into wealthy people.



How will initial market cap be calculated? Or rather, what is the total supply going to be considered to be at release? This is one thing that isn't completely clear to me. Will a portion of the supply be considered inaccessible at the beginning or will all 100 million be factored into the calculation of market cap?

Coinmarketcap uses the total supply (number of coins on the blockchain) to calculate market cap, which for SKY will include any coins held in cold storage / in the dev fund for future development and projects. But keeping so many coins in reserve will be great for the price on the exchanges, although there will need to be transparency about the funds being held in reserve when the project gets to the point that really big investors hear about it and consider investing.
hero member
Activity: 868
Merit: 1000
April 07, 2017, 12:46:19 AM
I am always amazed of the market cap of altcoins at the moment, some copycat coins getting 40 million plus at different times and vapourware like maidsafe having 80 million dollars plus. Skycoin is in the league of ethereum and Dash, really a marketcap of 150 million is my low valuation in one year.
If dash niche was privacy well a coin with privacy  network and the number of other features, how would would value this coin in a year or two years?

right on the market the coin should be 10 million, marketing growth and the going to the right conferences like open garden community it be soon 50 million.

with development releases and exciting news in a year 150 million

whale pumps could see 300 million very quickly.

do it right, which so far i believe it has been done perfectly.

put on a "anonymous mask" onto the coin and hit that privacy and censorship market. really could see 5 billion dollars

really your 50cents really could be $100 easy.
suggest putting in a least 1000 on order when you can, growth factor and first to market is going make people mouths drop, It is life changing opportunity possibility, turning poor people into wealthy people.



How will initial market cap be calculated? Or rather, what is the total supply going to be considered to be at release? This is one thing that isn't completely clear to me. Will a portion of the supply be considered inaccessible at the beginning or will all 100 million be factored into the calculation of market cap?
member
Activity: 86
Merit: 10
April 06, 2017, 08:56:46 PM
I disagree, look at maidsafe is the same.

I would rather too see developers hold coin then the community, because they have a lot at stake to make the project a successful project.
plus the developers is working on locking up the coins. and there will only 1% of the total coin givien out at one time.
full member
Activity: 154
Merit: 100
April 06, 2017, 07:33:30 PM
ah, man... 90% of the supply is controlled by the unknown dev team? So this is like a decentralized currency?
Unless this coin provides some instantly problem solving features out of the box, the price chart is going to look something like VOX or LBC. Devs will dump coins on the market (c3cx?) each month just to cover expenses and since there's no POW, there's nothing to induce a price floor. I expect that until at least 50% of the coins have been distributed, this will slide into the abyss.

Am I wrong?
Please explain Smiley

Deeply agree Cheesy Cheesy Cheesy
sr. member
Activity: 457
Merit: 250
Bancor
April 05, 2017, 09:59:36 PM
Been watching for a while now, looks like it'll soon be ready?

I am fairly sure i have been watching this for 2 years now.
wow
legendary
Activity: 1050
Merit: 1000
April 05, 2017, 07:46:08 PM
Been watching for a while now, looks like it'll soon be ready?
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