Quote from: marechoux on November 04, 2015, 01:17:07 AM

Quote from: coine_smithe on November 03, 2015, 07:08:56 PM

Quote from: marechoux on November 03, 2015, 04:04:14 PM

If it is a clone of litecoin and there is no people mining except the company, the hashrate will be very low so security...Very strange to not create a coin within NXT or Counterparty...which would be much more secure.

Furthermore there will be 200 millions of coins, so at 1000 coin / btc it is a valuation of 80 millions of dollar at today's price...

Let pass this, now where is the profit for investor with this model? Usually companies in btc use some proof of burn to increase the value of their coins (exemple: spell of genesis or FACTOM) when people buy products cards in spell of genesis half of the money required is burnt forever, for FACTOM it is 100% but they mine some.
With VOXEL there will be only mining from the company so there will be more and more coin over time.

One last point is it is pretty strange to not have made more annoucement in bitcointal / coindes etc few weeks bedore the presale, so it is like we have to hurry up to buy coin (look scammy).

Maybe the project is good but the economics behind and the communication are pretty poor for a 80 millions dollar company...

So I pass !

$8 million actually. Looks like a good project to me, I'm in!

You better revise your maths instead of throwing away your bitcoins

200 millions coins at 1000 coins per btc = 200.000 btc of valuation

1 btc = 400$ ==> 200.000 btc = 80 millions $

Remember that all coins mined after IPO will be for the company....So they value their company at 80 millions

Good luck if you are in, but I am out for sure

Ah you're right. I was going off the Ann where it says the price is .0001BTC/Voxel but it's actually .001