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Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 526. (Read 804701 times)

full member
Activity: 224
Merit: 100
Any time frame as to when BTer will figure out how much has actually sold?
legendary
Activity: 1806
Merit: 1001
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.

Thank you!! lot to paw though... not trying to re-ask questions lord knows we have seen quite a bit of that

Yes, there will be a refund of amounts over 750 BTC based on the order of purchase. At the moment, the policy with BTER is that the sale remains open and participants allowed to seek refunds per the original schedule. We are currently deciding on an option that allows investors to continue to make deposits (buys) with the bonus credit applied based on the time of deposit after the 750 limit is reached. These sales would be treated as a wait list, so if refunds reduce the amount sold below 750 BTC, it would be replaced with investment from the wait list. Any excess deposits over the 750 cap would be refunded in full at the end of the sale, or sooner per the refund policy at the choice of the investor.

We welcome public comment on this option.

Sounds alright. There's 65 BTC buy order left. I'd say let's set a cap of 750 BTC - 11 BTC (Maxmint) + 65 BTC (Possible Refunds) = 804 BTC.

As for refunds the easiest and way is just to get funds back to people's Bter accounts.
hero member
Activity: 518
Merit: 500
How many Crypties you get per BTC?

This depends on whether or not we reach the 750 BTC cap (which it is looking like we will).

If so, there is a calculation somewhere that showed I believe the math worked out to around 113,000 (not accounting for bonus %).

The amount of Crypti you get at launch will be equal to the percentage of total funds raised that you contributed. So if we raise 750 BTC, your percentage of the 85,000,000 will be your percentage invested of the 750 BTC.

hero member
Activity: 724
Merit: 500
member
Activity: 64
Merit: 10
How many Crypties you get per BTC?
member
Activity: 97
Merit: 10
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.

Thank you!! lot to paw though... not trying to re-ask questions lord knows we have seen quite a bit of that

Yes, there will be a refund of amounts over 750 BTC based on the order of purchase. At the moment, the policy with BTER is that the sale remains open and participants allowed to seek refunds per the original schedule. We are currently deciding on an option that allows investors to continue to make deposits (buys) with the bonus credit applied based on the time of deposit after the 750 limit is reached. These sales would be treated as a wait list, so if refunds reduce the amount sold below 750 BTC, it would be replaced with investment from the wait list. Any excess deposits over the 750 cap would be refunded in full at the end of the sale, or sooner per the refund policy at the choice of the investor.

We welcome public comment on this option.

I'll defer to another developer on the mechanics of refunds on BTER, though the intent is a simple refund back to the account from which it came.
full member
Activity: 238
Merit: 100
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.

How will the refunds be processed?
Will they be returned to your account on BTER or you would need to apply for it separately. If so, how will you prove the BTER account belongs to you. (without giving away your password).
sr. member
Activity: 490
Merit: 250
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.

Thank you!! lot to paw though... not trying to re-ask questions lord knows we have seen quite a bit of that
legendary
Activity: 1736
Merit: 1001
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.
sr. member
Activity: 490
Merit: 250
I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?

Look I know Dev thats a hard thing to say yeah we are just going to hand back maybe 100 extra btc to investors but Bter has been a little messy and that can't be fully your blame. However its not to much to ask for no matter what happened to Bter math you plan on sticking to the 750 btc cap.

Don't get me wrong the more btc you get the more development you can do with it. As well as the more btc put in the less Crypti we all get making each Crypti worth more. However I can only speak for myself and my partner but we have done all our numbers based on that 750 cap.

Cheers
legendary
Activity: 1344
Merit: 1000
will crypti tokens be traded on BTER after IPO ended? MY BTC withdrawal has been pending for 3 days from dgex

Nope. Loan, you have less then 24 h I think.
newbie
Activity: 37
Merit: 0
will crypti tokens be traded on BTER after IPO ended? MY BTC withdrawal has been pending for 3 days from dgex
full member
Activity: 224
Merit: 100
hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.

I also have that feeling and considering to sell more of my alts to buy more Crypti tokens. But this is still the risky business though.

Risky yes, but the potential to be very rewarding has me hooked!
legendary
Activity: 1344
Merit: 1001
hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.

I also have that feeling and considering to sell more of my alts to buy more Crypti tokens. But this is still the risky business though.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.
https://www.youtube.com/watch?v=iB3HcPgm_FI
That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

You are welcome to read this presentation about Ed25519 advantages over older implementations:
http://cryptojedi.org/peter/data/nancy-20120320.pdf
http://ed25519.cr.yp.to/

The distribution formula was posted also so the community could review it (and it helped already to catch one mistake).
If you have any additional suggestions regarding the formula, we will be happy to hear them.

Good info here, thx

Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.

https://www.youtube.com/watch?v=iB3HcPgm_FI


That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

Well I could see how an uneducated person in this field could draw a conclusion of fear, as well as somehow relate two separate things. I think your fears could be lifted from a little more research  

Partially correct, Educated guesses are more than acceptable when questioning a "Investment Opportunity" the burden is on the Investee to quell those fears.

Very Very true!! one must be as educated an investor as they can be, Not sure if you caught my links a few pages back but if you feel like really going down the rabbit hole let me know...

Yeah, I saw them thx. I got a sniff of that hole and shrank away. Smiley
20 years ago I woulda jumped in. Wink



how long is a piece of string

You must supply the POV magnitude to answer that question.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.
hero member
Activity: 658
Merit: 500
full member
Activity: 224
Merit: 100
How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.

 Smiley

Bter data is fucked up. Nobody knows how much was invested.

We must be getting somewhere close to 700... anyone know the number?
legendary
Activity: 1806
Merit: 1001
How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.

 Smiley

Bter data is fucked up. Nobody knows how much was invested.
hero member
Activity: 658
Merit: 500
How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.
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