Post
Topic
Board Announcements (Altcoins)
Re: [PoS x11] Edgecoin - Marketplace - Gambling - Advanced Wallet - IPO [13 D]
by
sonysasankan
on 05/04/2014, 06:04:33 UTC
Just bumping the thread up by trolling as promised. Heartfelt sympathies for those who already fell for the scam Lips sealed



Let's all be realistic about this, those pictures were photoshopped and he has no intention to add all those features in the wallet. I've seen it enough that I know this is a hoax. You'll get your coins from the IPO most likely, but without any of these features literally no1 will buy them. If this wasn't an IPO coin it would be a different case, but it is, and I suggest you all refer to a coin called "StackCoin". Gave my advice, take it or leave it. Probably will attract some hate for trying to level with people.


Yup, Been saying that for a while now. The stackcoin wallet screenshot has the same design feel of this one too  Wink And the trolls who usually scream Scam in RED are surprisiingly few for this thread. Of course.... that's because of the "escrow" you see... makes it all legit LOL.

I'll be keeping an eye on this thread if I were you. Don't want to miss out on the awkward silence after launch  Cheesy

This reminds me stackcoin which was posted with same wallet features and same stages of IPO.I am really nerves investing in this

check what stackcoin guy promised from here https://bitcointalk.org/index.php?topic=457575.0

What specialty brings this coin? or Why should be investor interested?
Thank you.

Custom wallet and an awesome marketplace.

Specifically, a high rate of return for investors as the IPO is incredibly generous.

Similar features and stage numbers? I understand the concern, but did Stackcoin offer escrow?

And what exactly does an escrow do? Lets say Wolong offered escrow. The coin launches, investors get their useless coins. Wolong gets the BTC. Its not going to change anything. I just don't understand why putting an escrow in between suddenly makes the venture credible. You wouldn't dare announce the release of the escrow after the completion of the stated goals in the OP right? Maybe a partial release after each feature is implemented? That would just make the whole thing fair... and you could have even my BTC for the IPO.... i'ts just like payment for your services for making a marketplace and overall good devs. Its a win-win for all.

Are you questioning the importance of an escrow?

"Wolong" ?

Just go, you're not adept at arguing, or making sense.

Ummmm.... ya, more or less the evasive response I was expecting. Let me simplify the question a bit for the newcomers. You are promising a host of features in your product. Are you willing to announce that the escrow will release the IPO funds to you slowly as and when you get those features up and running? That's what an escrow does right? They mediate a transaction between two or more parties to make sure the promises/claims are met. So yes, in this scenario, I am questioning the importance of an escrow.

Escrow funds released on will of the investors.

What does that even mean? I'm talking about what the value of the coin is going to be based on.... the p2p marketplace including 3rd party vendors, gambling site, ad campaigns, getting in indie game developers leading to custom Edge integrated online game sales, etc. These are the premise on which the investors are going to asses the value of the coin... its what you are proposing to offer to those who are going to mine Edge right? So why have an escrow if you are not saying that the escrow will release the payment only if you deliver on those claims?

I think you are understanding very clearly what I'm saying.


Ohhhhh! So you can release your funds when you're rich and crash the market? Cheesy

Eh what? Dude... do you understand English? Judging by the language and "projected awesomeness" of the coin in the OP and the responses you are giving now, I can only come to the conclusion that you are playing dumb. I think you are intelligent enough to know that a lot of fools fall at the magic word "escrow", like as if its the magic wand that protects them. You seem to be doing a poor job at completely evading the question... and I think you just gave yourself away Wink But don't worry, Until you have the escrow announce that the funds will be released slowly upon completion of the promised features, I'm not letting this comment chunk drown away in the middle of the thread. I will keep reposting this every once in a while for newcomers who land on the last page to see. You can open a new self moderated thread if you want... Oh and by the way, for an IPO coin, this ANN page has a surprisingly low number of SCAM Trolls lackeys.... I wonder why now  Wink The devil is in the details my friend Cheesy

If the coin doesn't launch with the advertised features then you just don't release the funds.

You are not getting it.... I have no doubt whether as to whether the people will get their coins or not. They definitely will. But the escrow agreement does not mention that the funds will be released to the dev only if the wallet is out with the advertised features. The OP clearly mentions that the features are to be implemented in the future sometime. Right now its just a basic good looking wallet that you can send/recieve coins, nothing more. Clearly the "investors" are taking part in the IPO based on the lucrative features the coin WILL provide in the future. So doesnt it make sense to release the escrow funds too in the future AFTER he provides the wallet with the advertized features?

I have only asked that the dev announce that his agreement with the escrow be slightly altered to add another clause... specifically that in addition to the promised coins to the "investors", that funds only be released after the promised features are implemented. But the dev and his zealots are completely evading that point and throwing a lot of distractions with definition of IPO, etc.

You see how this scam works now?