Sounds like you're going to keep IPO open 25 more days.
The announced period of this pre-sale is 30 days (ending August 10th, 00:00 UTC), and while we are very happy that the cap was reached so soon, we still will stand by the original terms.
I don't see the point, if the cap was reached. But, neither do I have a problem with it.
I see this as a twofold win, One it shows the devs are standing by their word and not running with the funds and two it gives them the time they had originally planned on to do the work they had slated in their timeline for this month.
I've got a suggestion. If other investors don't mind how about letting those people over 750 BTC keep their stakes? It's just 761 BTC instead of 750, so not a big difference for majority but we'll have more initial stakeholders and some of them might be helpful.
Although someone still could refund 11 BTC until August 10th and they'll got stakes automatically.
Changing terms after a sale is bad business and should always be avoided. There are many reasons for this that I'm to many coffee's short right now to point out.
Pardon me for speaking frankly,if the ipo reach your object for 750BTCs,what means do the ipo stand by the original terms? let guys buy and be refunded,it is good game? we all konw there is no change to join IPO,but still open the trading?why?
It only possible to refund CRSALE at the moment, otherwise trading on CRSALE purchase tokens themselves will be not possible.
no ,I do not point it .What I want to say is why do not close the ipo when reach the 750BTCs.
Do to it being a market in flux which will remain so for the 30 days originally announced.
Add someone in IL just because he has sense of humor?
NO... I had also replied to one of his posts earlier... TRUST ME... when you see me make that post... FOLLOW MY LEAD & NEVER LOOK BACK... your life on bitcointalk will become much better... I can even send you the full list of ~200... just let me know!
It is you prerogative and loss.
I've got a suggestion. If other investors don't mind how about letting those people over 750 BTC keep their stakes? It's just 761 BTC instead of 750, so not a big difference for majority but we'll have more initial stakeholders and some of them might be helpful.
Although someone still could refund 11 BTC until August 10th and they'll got stakes automatically.
We prefer to stick to the original terms, however as you correctly said, in case someone refunds his stake, they will get the refunded amount together with the 24% bonus (prioritized by the time of their purchase).
Swaying with the BitcoinTalk crowd breeze is a path to destruction you do not want to follow. Stick to you word. that is all you really have in this world and once it's lost ...