[XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 507.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Hueristic on July 19, 2014, 09:26:24 AM

Quote from: Wulfcastle on July 19, 2014, 08:30:36 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

Quote from: Wulfcastle on July 19, 2014, 08:24:49 AM

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

Unfair? There was just over 750 BTC invested in the IPO....

That doesn't mean anything. It was only open for a very short period. Theoretically, 1 person can come in and take up the whole lot. They didn't give an opportunity for more people to find out about the IPO and invest. There probably should have been a cap as well so more people can participate.

The thread was open for a whole month before the IPO, there was ample time for people to find out about the IPO.

/end fud

It's not fud. I'm not here to try and destroy the coin.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Wulfcastle on July 19, 2014, 08:30:36 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

Quote from: Wulfcastle on July 19, 2014, 08:24:49 AM

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

Unfair? There was just over 750 BTC invested in the IPO....

That doesn't mean anything. It was only open for a very short period. Theoretically, 1 person can come in and take up the whole lot. They didn't give an opportunity for more people to find out about the IPO and invest. There probably should have been a cap as well so more people can participate.

The thread was open for a whole month before the IPO, there was ample time for people to find out about the IPO.

/end fud

samsmith16

sr. member

Activity: 490

Merit: 250

Quote from: samsmith16 on July 16, 2014, 07:59:58 AM

I feel bad for ppl who just found out about Crypti to late and will miss out on all the excitement up to Aug. 10th

So even though I would look at it like a loss Undecided

I would be willing to let you have one of my tokens

1 CRSALE per sale token for 500 BTC

Or you can buy some of the few Crypti I list on Aug. 10th, not sure what the going price will be?

Cheers

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Wulfcastle on July 19, 2014, 08:58:54 AM

Quote from: JakeThePanda on July 19, 2014, 08:48:42 AM

Quote from: Relaxedsense on July 19, 2014, 08:41:55 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

Shut up man. You missed the boat, live with it.

I did miss the boat, that is clear. But, what is also clear is that I'm not even close to the only one and it's probably because of the way the IPO went down. For example, Ethereum is figuring out a way to keep their offering open for 60 days while giving everyone a chance to get in over the 60 day period. It won't be a cap where a few whales can come in and scoop up the whole lot. The boat shouldn't be open for only a few days. Yes, that's unfair.

Etheruem will be sold out in a couple of days. MaidSafe was sold out in less than 5 hours, regardless of the whales. The boat was open for those who wanted to hop on board, as the IPO was planned to last 30 days, but due to strong market demand hit the 750 BTC cap within 5 days. You can still send BTC to Maxmint's escrow address and wait in the line for those who may cash out.

I'm sorry, but waiting in line in case someone backs out when there are people with 10btc worth and probably have sock puppets too is unfair. Since you mentioned Maidsafe, that was piss poor and you only have to look at what happened to the price after the offering. No, Ethereum won't be sold out because they are designing the offering to remain open for 60 days while giving everyone a chance over that time.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Wulfcastle on July 19, 2014, 08:59:54 AM

Quote from: JakeThePanda on July 19, 2014, 08:50:08 AM

Quote from: Wulfcastle on July 19, 2014, 08:46:40 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

In theory, Bill Gates could buy all Bitcoins in existence.

That's the dumbest analogy I ever heard. He would have to go out into the market and purchase them.

I could say the same for your argument, but once again all of that is in theory.

Not even close to the same and I'm not sure how you can't see the difference. He would have to purchase them in a fair market to get all the bit coins. He would make everyone else rich in the process.

Wulfcastle

hero member

Activity: 546

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:50:08 AM

Quote from: Wulfcastle on July 19, 2014, 08:46:40 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

In theory, Bill Gates could buy all Bitcoins in existence.

That's the dumbest analogy I ever heard. He would have to go out into the market and purchase them.

I could say the same for your argument, but once again all of that is in theory.

Wulfcastle

hero member

Activity: 546

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:48:42 AM

Quote from: Relaxedsense on July 19, 2014, 08:41:55 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

Shut up man. You missed the boat, live with it.

I did miss the boat, that is clear. But, what is also clear is that I'm not even close to the only one and it's probably because of the way the IPO went down. For example, Ethereum is figuring out a way to keep their offering open for 60 days while giving everyone a chance to get in over the 60 day period. It won't be a cap where a few whales can come in and scoop up the whole lot. The boat shouldn't be open for only a few days. Yes, that's unfair.

Etheruem will be sold out in a couple of days. MaidSafe was sold out in less than 5 hours, regardless of the whales. The boat was open for those who wanted to hop on board, as the IPO was planned to last 30 days, but due to strong market demand hit the 750 BTC cap within 5 days. You can still send BTC to Maxmint's escrow address and wait in the line for those who may cash out.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Wulfcastle on July 19, 2014, 08:46:40 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

In theory, Bill Gates could buy all Bitcoins in existence.

That's the dumbest analogy I ever heard. He would have to go out into the market and purchase them.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Relaxedsense on July 19, 2014, 08:41:55 AM

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

Shut up man. You missed the boat, live with it.

I did miss the boat, that is clear. But, what is also clear is that I'm not even close to the only one and it's probably because of the way the IPO went down. For example, Ethereum is figuring out a way to keep their offering open for 60 days while giving everyone a chance to get in over the 60 day period. It won't be a cap where a few whales can come in and scoop up the whole lot. The boat shouldn't be open for only a few days. Yes, that's unfair.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: mishax1 on July 19, 2014, 08:43:34 AM

Just to be sure, are you waiting for August 10th to start the trading on BTER ?

I think that is the case mentioned by the devs.

Wulfcastle

hero member

Activity: 546

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

In theory, Bill Gates could buy all Bitcoins in existence.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good/fair distribution?

The List on Bter will come out soon. Wait and see. I bought 2 btc. That all I know. I wish I invested more. Crypti seems bigger than I thought.

mishax1

legendary

Activity: 2898

Merit: 1017

Just to be sure, are you waiting for August 10th to start the trading on BTER ?

Relaxedsense

hero member

Activity: 809

Merit: 1002

Quote from: JakeThePanda on July 19, 2014, 08:39:43 AM

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good distribution?

Shut up man. You missed the boat, live with it.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Tobo on July 19, 2014, 08:36:33 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

So you are saying, in theory, there may be only 75 initial investors for to share the entire amount of outstanding coins? You think this is a good/fair distribution?

Wulfcastle

hero member

Activity: 546

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:32:53 AM

Quote from: Wulfcastle on July 19, 2014, 08:30:36 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

Quote from: Wulfcastle on July 19, 2014, 08:24:49 AM

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

Unfair? There was just over 750 BTC invested in the IPO....

That doesn't mean anything. It was only open for a very short period. Theoretically, 1 person can come in and take up the whole lot. They didn't give an opportunity for more people to find out about the IPO and invest. There probably should have been a cap as well so more people can participate.

The thread was open for a whole month before the IPO, there was ample time for people to find out about the IPO.

First off, 1 month isn't that long. 2nd, IPO with a cap on the total and no cap on each individual investor creates are horrible distribution.

There was a max 2% cap on each individual investor.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

There probably should have been a cap as well so more people can participate.

There are two caps, 750 btc for total fundraising and 10 btc for each account. That is why it is closed because it reached the cap of 750 btc.

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Wulfcastle on July 19, 2014, 08:30:36 AM

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

Quote from: Wulfcastle on July 19, 2014, 08:24:49 AM

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

Unfair? There was just over 750 BTC invested in the IPO....

That doesn't mean anything. It was only open for a very short period. Theoretically, 1 person can come in and take up the whole lot. They didn't give an opportunity for more people to find out about the IPO and invest. There probably should have been a cap as well so more people can participate.

The thread was open for a whole month before the IPO, there was ample time for people to find out about the IPO.

First off, 1 month isn't that long. 2nd, IPO with a cap on the total and no cap on each individual investor creates are horrible distribution.

Wulfcastle

hero member

Activity: 546

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:27:30 AM

Quote from: Wulfcastle on July 19, 2014, 08:24:49 AM

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

Unfair? There was just over 750 BTC invested in the IPO....

That doesn't mean anything. It was only open for a very short period. Theoretically, 1 person can come in and take up the whole lot. They didn't give an opportunity for more people to find out about the IPO and invest. There probably should have been a cap as well so more people can participate.

The thread was open for a whole month before the IPO, there was ample time for people to find out about the IPO.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: JakeThePanda on July 19, 2014, 08:23:26 AM

What are you guys going to do about the unfair IPO, which means unfair distribution?

It looks pretty fair to me. Tell me what is your definition of fairness?

Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 507. (Read 804701 times)