Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HMY] HarmonyCoin|New Wallets|Live On Bittrex|X13|100% POS
by
Bigcabrito
on 11/08/2014, 23:11:47 UTC
You took a responsibility and now are running away from it along with people's money and you keep saying this is my last post. You have to answer people.

What do you mean you are going to pay only 1.1 btc?

Where is the rest of the ipo money?

What about the website, the logo contest, the blockchain anon?

What have you done with the rest of people's funds?

We need a detailed explanantion of where the 40 BTC went?  So 20 you claim was yours and even though this sort of insider shit is just wrong we can forget it. But now where the fuck is the other 20 btc = 12000 dollars.


These questions have to be answered because as it stands you have stolen people's money and are still trying to justify it. If you are going to retire atleast refund the people. Give bittrex what is left of the ipo and have them refund people with coins depending on how many coins there are or give people who want to work the money. You cannot just keep the bitcoins... wtf

First you say we are just waiting for fernandox and then you say no the money is not enough then now you just runaway... If it was not enough then halt the project on its start and not keep people waiting to then after a month say we are going to do jackshit

This, Bolded. CryptoAdvisor, you seem like an honest man who tried to do something good in Crypto. It didn't work out as intended and that's fine, sometimes things don't work out. What we (the investors) are questioning is what has been done with the ICO money. Could you explain in detail, Bitcoin per Bitcoin, on what it has been wasted on and what is left of it so that the community may revive the coin with whatever is left? What we are requesting is a finance report on the initial ICO. With that, we may be able to do something further, even a new coin if that's what is needed. Hope to hear from you soon and may your health get better.

This is what I've been explaining.

About 20btc came from our team personally buying into the coin to try to hype it. Every ICO coin does this, it is a normal thing to draw attention.

At least another 10btc was bitcoin that I gave to yin/yang buyers, so they could buy into the ICO, basically  letting them trade yin/yang for harmony. So those combined mean that only about 12btc was put into the ICO from outside investors.

4btc went to our main dev.
About 2.5btc was spent on multipool which I will try to get back up and running for you guys.

This means that there is about 5.5 real btc left from funding. I have already stated what I am willing to contribute to the coin as I leave. The simple truth is that this coin was built to help yin/yang investors and try to recoup their losses in that coin. Almost everybody left in this coin community were in y/y and I'm sorry I failed you guys. Take this or leave it.

Sidiberd is gonna call me a liar, but it is justified. I originally told him we had 16 real btc available, but I only said this because if we were trying to revive the coin, I didn't want it to seem like we had no funds backing us. Sorry for exaggerating what we had, but I hoped it would all be overshadowed when harmony started succeeding.

By the way, sidiberd wasn't an ICO investor like he acts, he messaged me back when the coin was about 1000 to let me know he was thinking about investing in harmony. This doesn't matter, but should be known in case he is trying  to dump.


Take a day or two to sort the financial situation. This shouldn't be rushed, what you are stating at the moment is what you remember from the back of your head. It will be very important for the community and this coin to have this detailed. Suggestions:

1) Ask your Yin/Yang investors (the ones you sent 10 BTC from your own pocket) to send you evidence of their contribution. This should also apply to the 20 BTC invested by yourself.
2) Check the original wallet where Bittrex sent the ICO money. Check every transaction ID and give as much detail as possible making sure each transaction was justified (such as 4 BTC to Fernando). Transparency will be great.

This is all I could think off from the top of my head. Once this is ready, we will know with certainty how much of the ICO is still available and as mentioned before, we may be able to do something further, even a new coin if that's what is needed.