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Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 86. (Read 150229 times)

sr. member
Activity: 364
Merit: 250
Ok, we got our point out.
I'm sorry to loose my temper earlier, but what is done is done. My apologize.
I felt bad cause I spot something great value early, invest, in hope for big return (in 2nd, 3rd q of 2015), before mayority of people would notice it's true potential. Timing is everything in these waters.
To one who has not much funds to invest, that is specially important, since it gains alot by being early. I'm sure you understand that Cedric, since you extend crowfunding, because of same reason, to get more funds needed for project...same as we-to get more funds at the end, cause beiing early. We are all here for profits.
As manny have proven, there is no need for huge funds for new things to be delivered and succed, all there is needed is devotion to project. Which here obviosly is!
20% + is a step in right direction, but what you've done is wrong. Should of stick with dates stated, or annouce earlier for extending!
Just me beiing honest.

ps. please update ">http://crowdfund.blockchainsingularity.com/---> The Sapience AIFX crowd fund will begin on November 19, 2014 at 00:00 EST and end on November 26, 2014 at 11:59:59 EST  


 
sr. member
Activity: 490
Merit: 250
hero member
Activity: 544
Merit: 500
Fool me once shame on you, fool me twice, and I'll put food on my family!

jl777 doesn't speak with a forked tongue, sorry, but I can't see much new money for Sapience now. Probably damaged goods unless Cedric has a rabbit up his sleeve.
legendary
Activity: 1050
Merit: 1000
sr. member
Activity: 490
Merit: 250
Hmmm...Lets see here after a quick read of this thread after seeing it get bumped so many times...


  • Dev extends initial ICO due to lack of funding (sucks for investors, but understandable since total was ~20 btc)
  • Dev decreases XAI price which is good an sets a MINIMUM amount of BTC for extension to reach for project to continue
  • Minimum BTC required is exceeded by about 20 BTC, and last minute the dev still decides to extend the ICO AGAIN
  • All investors prior to final extension receive 20% bonus
  • No refund options

This is like ping-pong. Everytime the dev does something to piss off early investors, but everytime he makes up for it somehow. First time he lowered the price per coin, and the second time, he gave investors a 20% bonus. I've done some research on the dev, and as an actual developer he seems legit. He's proven himself with XQN. What should scare you guys are these;

Its obvious the dev sucks at marketing, and doesnt realize that always going back on your word loses investor trust no matter how you reward them in return. The last time is even worse because the dev used the whole 'received extension requests privately' which is really not believable. The dev being greedy is besides the point. The point is, dev gave terms, and he didn't follow through with them...not once, but TWICE.

Secondly, and this is something I see alot of you dont realize, but even a quick glance at this thread you can tell that the top promoters are ; Alty, CrazyLoaf, and a bit from dasource.

In case you didn't know, these are the CLOAKcoin devs. The same guys who lied about the PoSA feature for CLOAK for months, worked with Bobsurplus behind the scenes to pump & dump the coin, and announced a 'secret' project CIARA (Which was pure bullshit hype of course) even before there was a functioning PoSA (Which of course never worked). Who knows what kind of dealings they have behind the scenes with the dev? Even without dealings with the dev, any coins associated with these guys cannot be trusted, especially when they obviously hold a large stake. This is the biggest red flag here tbh.

So the shady Cloak team obviously has a decent amount of XAI. No thanks. I wouldn't doubt it if they just dump @ market and try to accumulate dirt cheap kind of like what happened with Sembro. Speaking of Sembro, that was another coin whos ICO got extended last minute, and price dumped immediately 50% below ICO on launch and further dumped to 15% of ICO price. Big ouch for investors.  

Look at it this way, I'd rather catch the XAI dumps on launch for cheap coins, than throw in my BTC to this sale and immediately lose value of my investment. This is the final extension? How many times has the dev changed ICO terms by now? You guys really want to keep playing this game? Risk management. Best thing you guys can do is flood this thread with refund requests.

Remember, its better safe than sorry.
newbie
Activity: 34
Merit: 0

I'm OUT, no room to grow my bitcoins.
legendary
Activity: 840
Merit: 1000
Yea, so, what do we decide on this? Because investors are stakeholders and we have our rights too.

In other words:

I agree with 1 day extension, let people invest for 1 day extra. That's it. A week is suicide.

And Weekend Warrior, that 6 BTC prostitute must be really clean. Is it The Blonde?

How is it suicide?
I didn't know you could see into the future.

Because I know the markets. Dev, please consider extending for 1 day only (if you really want to extend). People know about it now and need to decide.
legendary
Activity: 1050
Merit: 1000
Yea, so, what do we decide on this? Because investors are stakeholders and we have our rights too.

In other words:

I agree with 1 day extension, let people invest for 1 day extra. That's it. A week is suicide.

And Weekend Warrior, that 6 BTC prostitute must be really clean. Is it The Blonde?

How is it suicide?
I didn't know you could see into the future.
legendary
Activity: 840
Merit: 1000
Yea, so, what do we decide on this? Because investors are stakeholders and we have our rights too.

In other words:

I agree with 1 day extension, let people invest for 1 day extra. That's it. A week is suicide.

And Weekend Warrior, that 6 BTC prostitute must be really clean. Is it The Blonde?
hero member
Activity: 544
Merit: 500
Sapience isn't the only AI game in town, jl777 is just about to launch a 'SkyNET' asset, part of the SuperNET I assume.

https://nxtforum.org/nxtventures/reserved-6826/



Haha wow, odd that that thread pops up the same day everyone starts to hear about XAI. Who wants to bet they will raise more BTC than XAI and not deliver anything?

I think jl777 has a strong background in AI, and the SuperNET isn't just a one-man-band anymore, there are literally dozens of guys doing various coding tasks now. Sapience still has a good future, but jl777 is obviously a formidable competitor, and his reputation is very impressive. Money is drying up fast in crypto land now, and the extension for Sapience might not yield much extra cash for Cedric, but has obviously caused some backlash from early investors.
hero member
Activity: 544
Merit: 500
Sapience isn't the only AI game in town, jl777 is just about to launch a 'SkyNET' asset, part of the SuperNET I assume.

https://nxtforum.org/nxtventures/reserved-6826/

sr. member
Activity: 297
Merit: 250

sidenote: I am not invested in this, just heard of it from my buddy who cant go do xmas shopping now and has to wait another week before he can visit his favourite hooker again


Well he shouldn't be investing money he can't afford in Crypto if that's the case.
sr. member
Activity: 297
Merit: 250
As an investor I invested money in this project for two reasons:

1. I want ROI
2. I want the project to succeed (AI on the blockchain is really mind blowing)

This is the second time the crowdfund is extended at the last minute. I can understand the first extension, but the second one I don't.
It was stated 25 BTC was needed for success / 40 BTC would be ideal. About 50 BTC was raised.

If this extension benefits XAI Sapience AIFX, then good. But since the rules are changed, I agree that the early investors should be rewarded in some way.

20% more coins / or raising the price last week to 24k sat sounds ok. But Dev/Joe must put this info here: http://crowdfund.blockchainsingularity.com/ ASAP!

Clear rules, and follow them please.
Done

Thanks Cedric.
member
Activity: 118
Merit: 10
Devteam should think of a refund for those people who are not happy with another delay.
That is the only way to gain trust from the community.

Community has seen too many scam ico's, this start is pretty bad.

Another delay means that early investors have locked their investments for another week. Devteam doesnt take care of that, huh?
And stop the bullshit about investment for a longer period, future, bla bla bla
Early investors buy this coin to make profit, we all are not here to change the world, feed the hungry people in Africa or whatever....we are here for profits not for again a new coin trying to hype to be the next big thing.


Devteam: do your work, make sure to regain trust and do something for the early investors!!!



sidenote: I am not invested in this, just heard of it from my buddy who cant go do xmas shopping now and has to wait another week before he can visit his favourite hooker again

legendary
Activity: 1050
Merit: 1000
You normally start hype _AFTER_ the crowdsale/ICO/IPO *sigh*. Man, you guys are so incredibly stupid.

Get over yourself.

You sit in front of a PC pressing buttons to make relatively easy money, which is only possible due to developers working their ass' off, therefore giving you something to play with.

You are so incredibly incredible.

hero member
Activity: 924
Merit: 1000
If he wanted 200 btc, he should have let us - the investors - know in advance. Because the reason for extending was to give more people the opportunity to invest, right? I think that's BS. It was already extended.

And yes, of course i'm thinking about my profits, because this is very bad for the project. He probably just destroyed it now.

It's mildly annoying and people are pissed off by feeling left out of the conclusion that was drawn to have the extension Including me , It's annoying but in the end is it going to benefit the coin? ultimately that answer is: yes .

It will provide a better reward for quotient holders, while giving a larger amount of buy support when it finally is released and hits an exchange. while also giving the dev more money being able to work more hours per day or week on it, hopefully meaning the release is sooner than previous quoted top end estimates

Could it of been done differently? yes definitely but what's done is done and it will benefit the coin and it's holders in the end .

 
legendary
Activity: 840
Merit: 1000
You normally start hype _AFTER_ the crowdsale/ICO/IPO *sigh*. Man, you guys are so incredibly stupid.
hero member
Activity: 714
Merit: 500
RISE Project Manager
That was the correct decision to make for the greater good of this project.

It gives us time to build more awareness.

If anyone is not happy with the decision to extend a further week...... so the dev has a shot at doing this with more reasonable funding..... I'll buy your coins at IPO price.
sr. member
Activity: 392
Merit: 250
www.DonateMedia.org
Crowdfund Extended One Last Time Until Dec. 10, 2014 11:59:59 PM EST!

Folks who contributed through Dec. 3, 2014 11:59:59PM EST will receive a 20% bonus of coins (55,938.34222 bonus total) as a goodwill/thank you for bearing with the last extension

There will not be another extension, so make your arrangements for contributions now.


i quote from http://crowdfund.blockchainsingularity.com/

like or dislike, we have to accept this, let see in 7 days, where this project will be.

edit : personally, I had forgotten about this project  Tongue

legendary
Activity: 840
Merit: 1000
If he wanted 200 btc, he should have let us - the investors - know in advance. Because the reason for extending was to give more people the opportunity to invest, right? I think that's BS. It was already extended.

And yes, of course i'm thinking about my profits, because this is very bad for the project. He probably just destroyed it now.
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