Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 50. (Read 804673 times)

Hey guys! I noticed someone asking about me the other day. I have a lot going on and don't check the thread now that Max has everything under control over here. You can always find me hanging out on slack though. I spend most of my time in the private channels, but I check the public channel every time it lights up! I'm MatthewDC on our slack chat so feel free to tag me in a message if you want to talk or have questions for me.

My interest is to let Crypti and the foundation live as long as possible. Trust me, the whole foundation puts thousands of hours into Crypti. It's not only financially anymore, it's passion and will. We all want that this project is a success, we want it so much. Because it's our 'baby' how I often call it.

You have no other interests here but to eventualy become very rich and then rule if possible everyone else with stupidity of epic proportions. Exactly the deal that makes current rulers look like saints and exactly the reason why it won't ever happen.

Being a long time with Nxt I certainly know that distribution is very important. However, if this results in crashing the price, have 0 benefits, lose money long-term, let the whole project fail (...) than this is utterly nonsense.

You obviously think that someone with a lot of money will go full retard and fill all your sell orders up to 1 XCR = 1 BTC and only then he will start promoting XCR, well not really. The whole cryptoscene is struggling and will continue struggling (and very likely never take off) because of one and only one reason and it is extremely greedy holders of most coins, regardless of what coin we speak of. Distribution of coins at whole cryptospace is horrible, much worse than distribution of wealth we have now in real world and it is so because a dozen of morons want to become billionaires overnight if possible. That won't work. The World but more importantly powers rulling it won't accept that. So the only real way is what Satoshi envisioned long ago and that is to spread coins to as many people as possible then laugh at top 1% when they end up owned by majority not giving a shit about top 1% wishes or demands. If all people on planet start using XCR what a rullers can really do, send everyone to prison or kill them, shut down Internet or mobile networks? Problem here is that morons don't understand any of it and laugh at Laszo buying 2 pizzas for 10k BTC five years ago, such a stupid guy, right?

Wisdom to the wise. Not many such people around here anymore, unfortunately.


That's it, a mindless, short-term gains fucking idiots who turned this beautiful idea of cryptocoins into a job. Fuck you!

Do you read what I wrote?

1) We have funds for marketing and promotion, but not $2200 for CoinTelegraph or $3000 for CoinDesk.

2) If we dump XCR at 800 sats like you suggest we:

- Have to dump 1.2% of ALL XCR there are to get on CT
- Have to dump another 1.6% of ALL XCR there are to get on CD
- Have to dump between 0.03% and 0.27% for every press release we do

That means after 1 month on CT and CD we would lose 37.4% of all foundation XCR. Let it make another month there and a few PRs and the foundation would have 0XCR.

With every XCR less the team would have less incentive to continue.

3) We have to think in months here. We are building consistently, no pump&dump like you suggest. We get covered and promote more and more. It's an accumulation process. You don't build abrand over night with pump and money, you build it over a long time with releases, customer support and consistent news.

4) XCR which were bought by team members in private have nothing to do with the foundation. They are regular investors. For example I buy small sums since the beginning. With every new XCR my incentive to promote Crypti grows, but it's not obligatory for me to dump those XCR to promote Crypti, so the XCR, I then don't have anymore (but you have), are more valuable.





However, we are open to any idea. We will discuss the trading volume within the team at tomorrows board meeting. If you have cost efficient ideas, say them please. Thank you.

There is no need for 10 BTC daily trade volume but constant (at least once per hour) trades. Unless traders see constant trading they will not be investing into XCR, that should be clear by now. At this moment, with hundreds of coins out there, you have to pay a lot for promotion or you have to play dirty or both, anything else won't give you satisfying results.

An idea that developers holding onto a shitload of XCR and not having money for promotion is better than them having money for promotion and less coins where those coins are then in hands of someone who might start promoting coin possibly big time because he loaded up nice amount for cheap is hilarious, you and developers are obviously a bad market makers and traders.

Looking at 0.2% fees at buyer and seller site means, that you need over 1BTC to maintain 10BTC volumen per day for a month. I think the money is better spent for dapps, marketing or development.

Volumen will come when people need XCR and they will need it for dapps.

There is absolutely no reason to dump 1% of all XCR for 8BTC.

Dumping to buy orders is still the only right way. Developers even take some profit (as far as I can recall they bought many coins under 800 Satoshi), buyers get some coins and market starts to move a bit. Way better deal than no trades until someone ends up lured into filling sell orders. By now, developers could create a trading bot and make it generate at least some trade volume constantly, looking at lack of XCR trading with sellers' insisting on higher than IPO price makes me not invest any more money into this coin.

Very nice, was it your work? (Give me your XCR name and I will send you a small gift.)


Everyone, retweet please.
https://twitter.com/cryptiteam/status/637203669608452096

http://www.forexminute.com/bitcoin/meet-the-next-generation-cryptocurrency-crypti-blockchain-2-0-tech-62349
In da news 

Let me explain to you guys, and gals, how the marketing/publishing game works.

Publications, web based, newspapers, or magazines, are in business to make a profit.

Every business model needs a product and a customer. You would think that the product is the magazine, and the customer is the public, but that is not correct.  The product is the public/reader/subscriber, and the customer is the advertiser.  Same business model exists for TV and radio.  YOU, the viewer, are the product being sold to the advertiser.

Publishers are not there to "inform the public", but that is what they have you believe.  In order to make a profit, they need advertisers, and subscribers/viewers.  They attract subscribers/viewers/readers by publishing what their readership demographic wants to view (porn, news articles, videos, articles on specific subjects, etc).

Since the money in this business model comes mainly from the advertisers, the publishers cater 90% to the advertisers and 10% to the readers.  Check any magazine in the rack at the book store, and you will see that the subject of the articles is the same as the ads.  The way to get positive articles and fluff pieces written about your business is to buy advertisements.  No publisher would dare to write a positive article about a competitor to their advertisers, who is not buying ad space.  That is the best way to lose an advertiser.

Ethereum, for example, likely is spending $20,000+ a week in fees to a PR firm and another $20,000+ in advertisements.  The PR firm keeps their name in the news.  They do this by buying ad space, pre-writing the articles and sending them to the publisher, sending gifts to the publisher (IPad, sport tickets, concert tickets) and establishing personal relationships.  

That is how you burn through $18 million in a year and have less to show for it than Crypti has produced with about $150,000.  

We dont have the funds to hire a PR firm.  We are concentrating on a quality product that is ahead of the curve.  

Just bought a few. Good luck with this project!

We have allocated funds for marketing, but we can't pay $2000 dollar for every news as there are so many news and so many will follow. We pay around $50 for press releases, like you see above at CoinDesk (2 more are planned soon). Then we will soon start to pay for ads, we will have a big hackathon when we go live. All those pieces together are already expensive enough.

We need to think in months and years, not days and weeks here. We are here to stay for a long time, even if it will be a 'tour de force', like Bill Gates said it for Bitcoin.

Currently I have about 2 meetings a week with some journalist, so we can get covered somewhere. It's very hard if the news outlets don't see money. For this reason I'm currently also preparing my own news site around dapps (Ethereum, Crypti, MaidSafe..), I hope I get some support by the other communities this way. We all want dapps to succeed, so we need to work together.

True, I should have written "volume and price".

The market is too thin for selling XCR to raise money that way.  BUYS available on Polo are 2.6 BTC.  That would drop the price to the 800s.  Even selling to every single BUY order, would get us 6 BTC and a 1 satoshi price.

There should be funds for Marketing, once price increases the foundation may sell some of the coins to have more budget. If there are no funds for marketing Crypti might be in for a rough ride, innovation alone can get us somewhere but if people dont know what is being done then what's the point? It has been said throughout this forum that marketing will begin with a finish product. IMO, marketing should begin before the product is released as to build anticipation towards the product. That's just my two satoshis anyways.

Ok. I'm looking forward to it.

 

On weekend, I'm too tired for now.

Crypti Foundation Unveils Preview of Decentralized Application (Dapp) Platform


http://www.coindesk.com/press-releases/crypti-foundation-decentralized-application/

https://twitter.com/cryptiteam/status/636514345900474373


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