Re: [ANN][LIRE][X11][IPO][ESCROW] ELECTRONIC LIRA - CRYPTOCURRENCY FOR ITALY WEB UP!
Why I remember you were saying the IPO would be ended on 18th Apr?
Absolutely right. But investors started to invest on IPO only 4 days ago.
IPO Will be extended for another week
That is unfair to previous investors, kinda cheating.
How many btc do you intend to raise.
Maybe you will extend for another week?
Just see the ipo excel file. First investment started 3 days ago. It's only 1 week, in order to increase the value of coin and pay some extra service like exchange etc..
The only reason you saw IPO coming in 4 days ago was because people saw the benefits of gambling a small amount of BTC for potentially large amounts of useless Lira. Now if you say more more time is required, it basically means less Lira for the investors. I too will want to take my investment out if too many new investors are putting in money. The whole theory about the IPO amount deciding the rates is BS. Within a few days, it would be the cost of mining (rig rentals, BTC/MH/day for other coins etc) that will balance the rates out. You dont just move the finish line of a race while the people are running.
Thank you for your feedback. Maybe one week is too much. We are considering every possibility. What if we will give a bounty to the first investors? (And much less to developers). A reward for first believers
I think now that you've extended things you shouldn't change it anymore. Just put out a new IPO end date and stick with it. Yes, putting in additional shares for the IPO will help, but do not only allocate those shares to the first investors, that will discourage new investors. Keep it equal but stick with your new date regardless of how many or little BTC's you bring in.
Ok
Ya, that would a better solution to keep the original investors from backing off. Increasing the IPO amount from 2% to 3 or 4% and sharing it proportionally to the past and future investors sounds fair. Also could you post the final date (25th April) in big bold letters in the OP please? Its simply lost in all that clutter of tiny text walls.
