Thanks
Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 548. (Read 804701 times)
July 11, 2014, 12:56:25 AM
Can't get what's crypti all about... Actually, I went to crypti.me:7040 and clicked on free crypti and got some 1000 free cryptis. But, don't know what's it about? I mean can I spend or sell them? They still seem to be unconfirmed... When will they get confirmed? Got 26 confirmations and until everyone will see this, will have more of them... Please make me this concept clear...
Thanks
Thanks
July 11, 2014, 12:54:18 AM
https://github.com/crypti/crypti-docs/blob/master/presale.md#how-does-the-bonus-work
@SyRenity, check the formula, maybe / 100?
I hope you post the preliminary share for each investor before sending money.
I like the total cap idea, between 500-1000. It's not for ROI only, it's for save my time too (without cap I have to closely monitor this thread and current IPO amount: my investment depends on the IPO amount).
Quote
F = B * (1+ (30 - D) / 30 ) / TB
@SyRenity, check the formula, maybe / 100?
I hope you post the preliminary share for each investor before sending money.
I like the total cap idea, between 500-1000. It's not for ROI only, it's for save my time too (without cap I have to closely monitor this thread and current IPO amount: my investment depends on the IPO amount).
July 11, 2014, 12:36:53 AM
On another note, we have also posted a short summary of the upcoming Foundation, both in the ANN OP and here:
https://github.com/crypti/crypti-docs/blob/master/presale.md#crypti-foundation
https://github.com/crypti/crypti-docs/blob/master/presale.md#crypti-foundation
July 11, 2014, 12:22:51 AM
Which is why I suggested getting community feedback before making decisions. What we're seeing now is the devs changing the rules during the middle of the pre-sale because they're listening to investors who are only looking out for their own self interest. They don't care about the coin or the community. Only themselves. This is a dangerous practice for a dev team.
Can you provide any example of a rule being changed during the pre-sale, after we posted the final updates on the 9th? (https://bitcointalksearch.org/topic/m.7758487
The only thing being discussed now after multiple community requests is the max-cap, which actually benefits the current buyers.
July 11, 2014, 12:06:37 AM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
Stick to decisions is the best way to destory and lose the community. Take a look at Node (Nxtl), devs are tearing the community apart by making unpopular decisions. Most people already lost interest in it.
Which is why I suggested getting community feedback before making decisions. What we're seeing now is the devs changing the rules during the middle of the pre-sale because they're listening to investors who are only looking out for their own self interest. They don't care about the coin or the community. Only themselves. This is a dangerous practice for a dev team.
Thanks for getting involved in the conversation! We feel that it is important to listen to the community. We know that we aren't perfect and that every decision we have made up to this point internally, wasn't going to be 100% popular with the community. We are trying to learn from these early mistakes and continue to improve. Therefore, when enough people voice an opinion about a specific subject, we feel it is important to take it under review.
The only real issue still open for debate at this point is the cap on the pre-sale. While I know that many asking for a cap are doing so because they want to ensure their own investment is worthwhile, there is a point to be made that we should try to reward these early investors by not overly diluting the market and minimizing their investment.
No matter how we do it, our goal is to make the long term investors the real winners here, not the short term hedgers who are simply investing in the IPO to immediately flip and try to earn a quick buck. Our goal is long term sustained development and growth in valuation. I know it's hard to take our word on that, but I mean it when I say it.
Agree with you. That is why my suggestion was not about putting a 500 btc cap but rather finding the sensible line where the IPO gets dangerously diluted for the investors and somehow prevent that.
July 10, 2014, 11:51:50 PM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
Stick to decisions is the best way to destory and lose the community. Take a look at Node (Nxtl), devs are tearing the community apart by making unpopular decisions. Most people already lost interest in it.
Which is why I suggested getting community feedback before making decisions. What we're seeing now is the devs changing the rules during the middle of the pre-sale because they're listening to investors who are only looking out for their own self interest. They don't care about the coin or the community. Only themselves. This is a dangerous practice for a dev team.
There's no community at the moment, so nothing to care about. It's being formed by active forum members/possible investors. It depends on devs either it'll be formed or not.
July 10, 2014, 11:28:14 PM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
Stick to decisions is the best way to destory and lose the community. Take a look at Node (Nxtl), devs are tearing the community apart by making unpopular decisions. Most people already lost interest in it.
Which is why I suggested getting community feedback before making decisions. What we're seeing now is the devs changing the rules during the middle of the pre-sale because they're listening to investors who are only looking out for their own self interest. They don't care about the coin or the community. Only themselves. This is a dangerous practice for a dev team.
Thanks for getting involved in the conversation! We feel that it is important to listen to the community. We know that we aren't perfect and that every decision we have made up to this point internally, wasn't going to be 100% popular with the community. We are trying to learn from these early mistakes and continue to improve. Therefore, when enough people voice an opinion about a specific subject, we feel it is important to take it under review.
The only real issue still open for debate at this point is the cap on the pre-sale. While I know that many asking for a cap are doing so because they want to ensure their own investment is worthwhile, there is a point to be made that we should try to reward these early investors by not overly diluting the market and minimizing their investment.
No matter how we do it, our goal is to make the long term investors the real winners here, not the short term hedgers who are simply investing in the IPO to immediately flip and try to earn a quick buck. Our goal is long term sustained development and growth in valuation. I know it's hard to take our word on that, but I mean it when I say it.
July 10, 2014, 11:12:37 PM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
Stick to decisions is the best way to destory and lose the community. Take a look at Node (Nxtl), devs are tearing the community apart by making unpopular decisions. Most people already lost interest in it.
Which is why I suggested getting community feedback before making decisions. What we're seeing now is the devs changing the rules during the middle of the pre-sale because they're listening to investors who are only looking out for their own self interest. They don't care about the coin or the community. Only themselves. This is a dangerous practice for a dev team.
July 10, 2014, 11:06:15 PM
Just as a topic of discussion in regards to the cap talk.
Would 2000 BTC be too much for most investors as a cap?
Are most of you thinking 1000 BTC?
Just wondering what everyone thinks a good cap is as we are having the same internal debate.
Would 2000 BTC be too much for most investors as a cap?
Are most of you thinking 1000 BTC?
Just wondering what everyone thinks a good cap is as we are having the same internal debate.
If it's 1000 BTC I personally have no doubts and will invest right away. 2000 BTC is questionable because there are some other opportunities with potencially higher ROI. But 1K BTC is totally cool.
1000 BTC maximum.
I already invested, but will refund on cap 2000 - to risky for me - no margin of safety so to speak
July 10, 2014, 11:00:01 PM
The DEV is too greedy.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
Why don't they invest BTC? Because they don't have to - idiots will pump money into this either way and goofballs will be trading it on the exchange. By taking 25% for themselves right off the top (which makes zero sense - they already make a killing as-is) they just milk even more cash out of this thing when they dump. Whether they kept 25% or 0% wouldn't matter - anybody that will invest in this thing isn't smart enough to care. They might as well keep 50%.
Also, you know the NXT people/etc bought their own shares but what is the difference? At least Crypti is being honest about cheating the system instead of doing it under the table.
Devs, could you please delete such posts. There will be enough time for fud and trolling after IPO is over and you're working on the launch.
July 10, 2014, 10:56:47 PM
The DEV is too greedy.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
It's 15%, not 25%. And devs totally deserve it.
July 10, 2014, 10:55:21 PM
The DEV is too greedy.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
Why don't they invest BTC? Because they don't have to - idiots will pump money into this either way and goofballs will be trading it on the exchange. By taking 25% for themselves right off the top (which makes zero sense - they already make a killing as-is) they just milk even more cash out of this thing when they dump. Whether they kept 25% or 0% wouldn't matter - anybody that will invest in this thing isn't smart enough to care. They might as well keep 50%.
Also, you know the NXT people/etc bought their own shares but what is the difference? At least Crypti is being honest about cheating the system instead of doing it under the table.
July 10, 2014, 10:52:43 PM
The DEV is too greedy.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.
July 10, 2014, 10:47:59 PM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
Stick to decisions is the best way to destory and lose the community. Take a look at Node (Nxtl), devs are tearing the community apart by making unpopular decisions. Most people already lost interest in it.
July 10, 2014, 10:34:25 PM
a 3% premine is way worse than 15% of ipo when only 5% of the coins have been mined yet . that being said it would still be much better if you guys put your 15% in escrow. And whats up with the other 10%?
July 10, 2014, 10:33:47 PM
In this thread:
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
1) People investing in Crypti then telling everyone else not to invest because it will eat into their profits.
2) Devs making decisions, then going back on those decisions because 2 people don't like it. Then, spending 3 pages trying to figure out what they should do.
Seriously, devs, the best way to gain the community's confidence is to make decisions and stick to them. If you want to involve the community, do it before an announcement, make a decision based off of the feedback, then stick to that decision. There have been several cases already where you bow to community pressure after it's too late (such as changing the pre-sale terms after the pre-sale has started)
Disclaimer: I've invested a small amount into Crypti already on Bter.
July 10, 2014, 09:39:39 PM
I keep watching the IPO volume in bter and found the total volume is decreasing, the volume is 176.3 now but two hours ago it's 183 and it's 192 four hours ago, I can't find any sell out information in trade history, can you explain this ?
Now:
176.3
Volume(BTC)
Now:
176.3
Volume(BTC)
As mentioned, I think it is on a 24-hour average volume. If you take the amount left (4796) and subtract from 5000, it looks like the number is currently roughly 204 BTC.
July 10, 2014, 09:36:35 PM
I keep watching the IPO volume in bter and found the total volume is decreasing, the volume is 176.3 now but two hours ago it's 183 and it's 192 four hours ago, I can't find any sell out information in trade history, can you explain this ?
Now:
176.3
Volume(BTC)
Now:
176.3
Volume(BTC)
Just a guess. They are doing taint analysis and found multiple accounts from the same IP. Since there is a per-investor cap that is a no no.
Nope it's just showing the daily investment volume.
July 10, 2014, 09:28:53 PM
I keep watching the IPO volume in bter and found the total volume is decreasing, the volume is 176.3 now but two hours ago it's 183 and it's 192 four hours ago, I can't find any sell out information in trade history, can you explain this ?
Now:
176.3
Volume(BTC)
Now:
176.3
Volume(BTC)
Just a guess. They are doing taint analysis and found multiple accounts from the same IP. Since there is a per-investor cap that is a no no.
July 10, 2014, 09:27:30 PM
I keep watching the IPO volume in bter and found the total volume is decreasing, the volume is 176.3 now but two hours ago it's 183 and it's 192 four hours ago, I can't find any sell out information in trade history, can you explain this ?
Now:
176.3
Volume(BTC)
Now:
176.3
Volume(BTC)
That just shows the daily volume invested (24-hour period), it doesn't reflect the total amount invested.
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