Quote from: tempus on January 30, 2017, 01:15:06 AM

Quote from: ICOGuru on January 30, 2017, 12:41:23 AM

Quote from: tempus on January 30, 2017, 12:35:46 AM

Quote from: ICOGuru on January 30, 2017, 12:31:29 AM

again, you are wrong in the market cap aspect.
but you have very good points and dev will need to answer that.
i can send you a link to a coin that works that way?

Why am I wrong with the marketcap-aspect? And sure, would like to see a working project with such economics.

The only project I know that tried something similar was Neucoin. Investors gave about $1 million in Bitcoin. They've lost everything(!), the price went down from 7000 Sat to 1 Sat while Bitcoin increased from about $250 to what it is now.

I noticed these guys because i went trough the top 50 coins to buy;
http://coinmarketcap.com/currencies/e-dinar-coin/

you see how the available is different than the total? and there is a wayyyy huge almost impossible max supply lol

I noticed these guys because i went trough the top 50 coins to buy;
http://coinmarketcap.com/currencies/e-dinar-coin/

you see how the available is different than the total? and there is a wayyyy huge almost impossible max supply lol
market cap is based on their available is you make the calculations
of course i havent bought the coin and dont intend to until i actually research it

ill look it Neucoin too
do you have a link of them?

I know that Coinmarketcap shows it that way. But that doesn't change the facts I've tried to explain above. Imagine it this way:

You start a project. And let's say that you are really a great CEO and Coder and totally honest - but there is nothing else yet than an idea. You sell the idea for 0.1% of the total supply. The rest is under your control or in escrow, will be released when you reach certain milestones.
The total supply is valued at about $500 million.

The 0.1% is the available supply that is on the market.

Since you are a great coder and you hired other great guys you meet those milestones over time and of course: You need funding and you want to distribute the currency. So you sell - maybe in additional ICO's. But if your first ICO already had a price as if the project already would be worth half a billion dollar - where should be room to make profit for your Investors? It will need years of perfect development and marketing and work in all aspects to get a project to such a valuation.

But the problem is: Even if you would be the best coder and the most honest person - people can't possibly know if that is really the case until you prove it over time. But the decision to make such an ICO would already prove the opposite. It would show that you have no understanding. It's not possible that people will adopt a 99.9% premine-cryptocurrency! That wouldn't even be possible if the price would be a fraction of what it is now! And there is also no reason for another central-bank-illness! Cryptocurrencies are not about central-control - it's about the opposite!

And just to avoid misunderstandings: I'm not talking about you here - that's what this project is about. They have no clue!

This project has zero chance and I'm not guessing! It's a fact!

And because your question about Neucoin:

This was my prediction right after launch end of Sept 15:

Quote from: tempus on September 29, 2015, 12:23:20 PM

(...)

This project has absolutely no chance. It has no chance as a Scam and it has no chance as a legit project. And btw: How can this be legit?

(...)

This is the chart:

It's dead... And btw, Neucoin-Investors also called me a troll while I just outlined the facts. And Neucoin was much bigger than this project. Even the Doge-Inventor Jackson Palmer promoted it and the Founder of Neucoin was the Millionair behind Candy-Crush.

I was on the fence on this one... After your post, I'm going to walk away now. Tongue