I am a little bit worried because there is no cap on invested money.
I am pretty happy to invest 1 BTC if the cap would be 100 BTC.
But without a cap and figures thrown around like 500 BTC, the situation looks different.
So I didn´t come to a final decision.
As I mentioned before, the cap is irrelevant for the most part. Yes, you will get a smaller amount strictly speaking in numbers terms, but the valuation of each coin will be higher due to the larger amount raised in the initial distribution which typically sets initial valuation.
That can´t be right.
In a couple of months nobody cares about how much was raised. Then only technology, community and adoption counts.
But it will be a big difference if I own 1% or 0.2%. That´s simple 5 times more.
But that´s not the whole point. I don´t like it to not know how much percent I will get. So it´s investing in the dark.
If we set a 1 BTC limit per person and a 250 BTC cap with a ratio of X Crypti to Y BTC, there are a finite amount of spaces in the pre-sale launch to get in on the ground floor of Crypti. We want as many people as desire to do so to be able to be a part of this launch. We decided it would be best to let the market dictate how the pre-sale would unfold.
If you set a invest limit of 1 btc per person, why set another limit 250 BTC of fund raise. it could me 10BTC or 100BTC which depend on how much people interested.
you just pretending that not understand. You just want investors compete with each other and only you will be the winner.
Its ok if thats your plan, but please admit it. don't pretending plz your pretending make feel bad for this project.
BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope new developers could work with him to carry out a fair project. maybe you should have a look.
https://bitcointalksearch.org/topic/ann-ora-nxt-monetary-system-currency-620518Did you read the initial question that was posed? If so, you would have seen that the person bringing up the issue wanted to know the exact amount of Crypti he would get for his investment. The only way to do that would be to make a limit on investment amount AND total amount so that it could be divided up in order for each investor to know exactly how much they would get for the investment they were going to make. In essence, you would have to say that 1 BTC would get you 250,000 Crypti for instance, and then you would also have to say that because of this, and the fact that the max distribution is 75,000,000, we could sell 300 shares in the launch. 300 x 250,000 = 75,000,000. In order for someone to know exactly what they are going to get, this has to be the method used. That or you have to be willing to adjust the total amount being created in the genesis block based on how many units are sold, which then their stake fluctuates anyways because they might buy 2 shares, so 500,000, but then if we end up selling 500, their 500,000 is now much less of the total.
I don't want to discourage anyone from posting but please ensure you understand the conversation at hand and do your research prior to posting LordHavok. Also, please try to avoid being overly inflammatory for no reason at all.
If you are one of the DEv team, due to your simple minded, this project will be a joke. i forgive you due to your less of knowledge. please check how N2 distributed.
https://bitcointalksearch.org/topic/annn2ipo100-posnxt-clonenew-featuresfull-version-available-606233can't believe you guys are not pretending to be simple minded. you guys axx !!!!
Please keep the Qora promotion to the Qora thread and please keep the personal attacks (LordHavok) to yourself. I will not retaliate and start a flame war with you and I'm sure Qora is great. I think some of our dev team were investors in Qora.
Also, if I were you, I wouldn't use that N2 launch as an example against us. He is doing a 75% investor / 25% developer breakdown the same as we are. He also states that if all 1.5 billion (or is it 2 billion, he says both at different points right next to each other), he says that 1 billion will be distributed at 75% / 25% and then the other 500,000,000 coins will go 45% investors / 55% developer. How is it that you are promoting that but saying we are greedy scammers? 55% of 500 million coins to the developer?
Listen, you are starting to get out of hand and I have tried to be polite. But if you continue to be inflammatory and directly attack me for no other reason than you are apparently board, I am going to have to stop responding to you.
) 