Ninjastic
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Re: Mycelium's "crowdsale": basically a donation, not an investment by any means
by
alani123
on 16/05/2016, 13:47:46 UTC
Quote from: TheCryptoMint on May 16, 2016, 01:38:12 PM
Quote from: whored on May 16, 2016, 01:18:42 PM
Quote from: forzendiablo on May 15, 2016, 11:56:48 PM
Quote from: Rassah on May 15, 2016, 04:13:11 AM
Quote from: forzendiablo on May 15, 2016, 01:17:49 AM
mycellium will end as scam

Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying.

Alanis I remember that Barcode scanner. Saw it at CompUSA once.

thanc for reply but all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end
i like this wallet but the way u now are goign means something is not working right

Not strictly an "exit scam" tho. Mycelium explicitly states that its digital tokens give you no rights whatsoever, are basically a gift to Mycelium. How is that misleading?

But they are tradable Smiley bitcoin gives you no rights either apart from a figure in your wallet. Yet you can sell them for 400 usd.

I am quite happy a lot of people are missing the point here as more of the 5% will be mine.
If that's the case, you're also missing the point. If people aren't interested now, why would they buy a share later on when it'd take so long for the product to launch? This isn't comparable to other ICOs or crowdsales because the product isn't set for launch right after the sale. It'd be safe to assume that there wouldn't much (if any) buying pressure to help early investors to liquidate their stake before the launch (which there's no ETA for).