Quote from: mig5000 on August 14, 2014, 03:06:01 AM

What's the point about the whales and such ? IPO is capped at 25 BTC per emails and what not ? There barely is any 25 BTC action and the IPO is coming to an end. Are we expecting someone to dump 100's of BTC in order to cause panic or what ?

FUD incoming already?

Not many orders above 15btc. A few 25btc. We can hope they hold and in the end there won't be any major sell offs. I'm sure people want to FUD and not buy into the presale in hopes people dump below 500 sat and they scoop some up and can come back and say, "I told you so."

Quote from: zorkafdo on August 14, 2014, 03:26:39 AM

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

It'll take around 94 years to mine all the coins. Short term there will only be a couple hundred bitcoins worth mined at 518 sat price point. If people want Syscoin and presale buyers are not selling then the price could go up 2x or 4x or more which will make the mined coins worth over 1,000 bitcoins and will make the presale buyers and holders happy.

Quote from: 666try on August 14, 2014, 03:41:33 AM

Quote from: zorkafdo on August 14, 2014, 03:26:39 AM

I don't get it... There are a total of 2 billion coins and the IPO price is 518 satoshi??? So, market cap is over 10,000 BTC even before launch???
I see some really good features but is it not too much to start with???

I think too. But no alternative is now.

This ipo will be very successful to dev team but investor will be not.

I have invested some and expect little profit...

PS. Don't calculate market cap by total supply(calculate current supply!)

Anyway, big profit is impossible at this price...

Yes, dev team will get a lot of bitcoins. We should see this as a good thing as they can hire the best people to help them build future features.

Big profit is unlikely (short term). Most decent coins or ones that get pumped hit around a $5,000,000 market cap and stop then retrace a bit. For that Syscoin would go up 5x to 2500 sat and then retrace back down. If you wanted to see big profit then we should have bought LTC at 7 cents or BTC at $10.