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Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 90. (Read 150249 times)

full member
Activity: 225
Merit: 100
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

Yes, Its quite simple.The more btc put in the less lucrative it is for a investor as there will be more coins in circulation than burned.

As the price is fixed I would rather wait for the last day of the crowdsale to invest than have to keep my btc hostage for weeks.

I whole heartedly understand that.. But that in no way is considering the long term benefits that are gained by extending the crowd funding after a dozen or so people requested more time to move funds from fiat to btc.

You must see the long term potential this project has.. Above and beyond the simple quick flip I know you have in mind.
You want AI And you want it at a $20,000 mrkt cap.. Go find me a comparable project with anywhere near this amount of funding.

The dev stated he would move forward if 25btc was invested because he has a passion to complete this project.

That does not change the fact that he has seen an immense surge in interest over the past few days.. Neither does it change the fact that yes you will get less of the market share for this coin for your initial investment, but that doesn't mean your stake will be worth any less.

Don't mean to insult or sound rude. Just trying to express my opinion.

I get your point but crowd sale is a serious business and extending deadlines like this does not reflect it.Period.
hero member
Activity: 924
Merit: 1000
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for

+100

Ahahahaha. That is NOT what exchanges are built for. Exchanges provide secondary liquidity to a preexisting asset. You surely can't believe that every time a stock is traded, the firm gets money, can you?

So you are telling me exchanges are not built for people who wants to participate in a coin? to have an opportunity to be able to buy it?





Let me explain you how things work.

- You have an idea. You seek investors in that idea. Maybe form a company.
- They have ownership in a paper that says they own that company. Can they sell that? Maybe, but they have to find someone and will take a hit on liquidity probably.
- Maybe later, they generate enough demand to be on a stock exchange. In this case, people who own and/or want the shares can trade, but the company has no play in this. It is a secondary market.

The problem in crypto is that coins with like $50 in daily volume are actively traded. That's why volatility is so high and we have so many junk coins. Almost every coin is insta-added to an exchange.

This whole problem you have just mentioned still doesn't answer the question, you have gone off on a tangent that is slightly related in topic but doesn't actually answer anything
hero member
Activity: 924
Merit: 1000
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for

+100

Ahahahaha. That is NOT what exchanges are built for. Exchanges provide secondary liquidity to a preexisting asset. You surely can't believe that every time a stock is traded, the firm gets money, can you?

So you are telling me exchanges are not built for people who wants to participate in a coin? to have an opportunity to be able to buy it?


"Exchanges provide secondary liquidity to a preexisting asset" by allowing and giving the opportunity of other people to buy and participate in the said currency or tech
hero member
Activity: 504
Merit: 500
Anyways no point arguing here, Dev wants to raise more BTCs, it could have been simple if he would have let us all voted, majority would have said "No" for this....
legendary
Activity: 1050
Merit: 1000
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

Yes, Its quite simple.The more btc put in the less lucrative it is for a investor as there will be more coins in circulation than burned.

As the price is fixed I would rather wait for the last day of the crowdsale to invest than have to keep my btc hostage for weeks.

I whole heartedly understand that.. But that in no way is considering the long term benefits that are gained by extending the crowd funding after a dozen or so people requested more time to move funds from fiat to btc.

You must see the long term potential this project has.. Above and beyond the simple quick flip I know you have in mind.
You want AI And you want it at a $20,000 mrkt cap.. Go find me a comparable project with anywhere near this amount of funding.

The dev stated he would move forward if 25btc was invested because he has a passion to complete this project.

That does not change the fact that he has seen an immense surge in interest over the past few days.. Neither does it change the fact that yes you will get less of the market share for this coin for your initial investment, but that doesn't mean your stake will be worth any less.

Don't mean to insult or sound rude. Just trying to express my opinion.
hero member
Activity: 504
Merit: 500
You guys really don't give the impression you care about the long term success of this project.
Your views seem awefully short sighted.

Explain to me why having more btc to fund a project is so utterly horrible?

Have any of you done your homework on what VC's spend to fund this type of project?


You don't look new to crypto yet you talk like one....
full member
Activity: 225
Merit: 100
You guys really don't give the impression you care about the long term success of this project.
Your views seem awefully short sighted.

Explain to me why having more btc to fund a project is so utterly horrible?

Have any of you done your homework on what VC's spend to fund this type of project?


Then explain why 25 btc is enough for a successful crowdsale?
legendary
Activity: 1050
Merit: 1000
You guys really don't give the impression you care about the long term success of this project.
Your views seem awefully short sighted.

Explain to me why having more btc to fund a project is so utterly horrible?

Have any of you done your homework on what VC's spend to fund this type of project?
full member
Activity: 225
Merit: 100
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?

Yes, Its quite simple.The more btc put in the less lucrative it is for a investor as there will be more coins in circulation than burned.

As the price is fixed I would rather wait for the last day of the crowdsale to invest than have to keep my btc hostage for weeks.
hero member
Activity: 504
Merit: 500
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

Let's vote then....if people were not proactive enough let them buy over exchanges later or sooner.....
hero member
Activity: 504
Merit: 500
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

I am with you!
full member
Activity: 225
Merit: 100
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for

+100
hero member
Activity: 504
Merit: 500
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
40btc is not ideal.. You honestly think you can create AI easily with 40btc funding?
Companies invest millions for this tech.

I'm shocked by the claim he is being greedy.. Come on now.

Dude, i am not saying that, dev did!
legendary
Activity: 1050
Merit: 1000
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.

Can you explain your stance?

You rather have quantity over quality?
How is one week extra for crowd funding such an atrocity?
full member
Activity: 225
Merit: 100
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!

Yeah greedy dev  Angry

Okay 50 BTC at $380 a coin is $19k. Let's call it $20k.

Dev projected several months for the project, let's say he works 40 hours a week for 6 months, or 960 hours. That's $20.83 an hour with no benefits.

Wait, maybe the dev isn't being greedy; maybe we're just supporting low paid labor Tongue

What is the point of minimum 25 btc for the crowdfund to be a success?

If 50 btc is not enough to sustain the project then the crowd fund should be deemed a failure and the coins refunded.

hero member
Activity: 924
Merit: 1000
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.

that's what exchanges are built for
legendary
Activity: 1050
Merit: 1000
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
40btc is not ideal.. You honestly think you can create AI easily with 40btc funding?
Companies invest millions for this tech.

I'm shocked by the claim he is being greedy.. Come on now.
sr. member
Activity: 270
Merit: 250
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
I'm just trying to please the most people, and give everyone who wants to participate the opportunity to do so.
full member
Activity: 225
Merit: 100
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Unprofessional gets thrown around here a lot when I don't think it's the right word. Maybe disappointing would be better Tongue

About half of all the BTC so far has come from the top 5 investors. I am curious what their opinion on the matter is. I'm sure if they have any experience in the technology space, they'd say that 100+ BTC in funding is more reasonable.

In any event, I think this is more than fair, but I am of the "crazy" opinion the per coin price should be 30k sat since $125k is beyond cheap for project of this magnitude.

I am one of the top 5 investors and would rather ask for a refund if initial terms are thrown for a toss.
hero member
Activity: 504
Merit: 500
Dev lets vote! Create a poll?
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