Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
fox19891989
on 20/08/2014, 04:04:16 UTC
Devs, please read this carefully.

I've been with this coin from the beginning (posting in this thread since April, following Dano since February MEOW relaunch).
So... no FUD intended.

There is no doubt that the coin has some innovative concept.
There were also some issues at launch that all of us are aware (you luckily managed to solve those issues).

Unfortunatelly, problem is that altcoins are mostly not about technology, but about community's sentiments. And unfortunatelly, there is too much dark clouds above Sys community. We can debate if it is deserved or not but the fact is that there are many people here with negative attitude, which might be a threat for the coin.

Some people bought after launch or were waiting to buy but were disappointed with the launch issues (which were already fixed).
Also, there is many people who invested into ICO and now have worse starting position. This is especially dangerous - we have tu understand, that we have peple with 1500 BTC worth of coins who are pissed that they believed in the coin as one of the first and yet they are on worse position than all the rest. It seems that syscoin believer lost this round and guys who were late to the party are going to win. We can not let that happen. We don't want army of unhappy people. As soon as you get those escrowed BTC's you should definitely use it to set 1500 BTC buy support at 518 satoshi. Maybe some people will decide to exit, but probably most won't just because of that action, helping to protect the price. You don't have to do this, but please, listen to me - you definitely should do this. People won't be listening to innovation news unless they won't feel safe about the price. Sorry, that's how crypto works. I know you pot lots of effort into this coin and it is your dream to make it successful. Don't let this mistake stop it from happening. Protect the early investors who were with you from the beginning and you will only benefit.

that is a good option. even if someone thinks they should dump will see the huge buy wall and he would rather not dump at all. some people are going to be very unhappy. the same ones that fud all day lure these newbie investors into dumping their coins below ico price. theres so many pump and dump groups at work. always. they sell between 100sat difference and buy back and repeat it all day. investments keep disappearing and people take money and at last dump the rest of the coins as well. it would be great to see this stop here at least.

myself ibought at 465 so i am safe anyway.

+1, set all at 518 sat to regain ppl's faith is very important. I am sure most PPL won't dump to that wall