Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
MantisCoinDev
on 20/08/2014, 12:40:24 UTC
Moolah can't even act neutral, they're one of the biggest SYS holders.
sb said Moolah will hold fund till dev team solved the bugs?does it right?  if so ,god ,it will dump again.  we need to our invest back.

deadline 6pm GMT

there is no deadline, a deadline wasn't discussed. the deal was: failure to deliver will result in a full refund. there was no time discussed with investors, as far as im concerned, faulure to deliver, means failure to deliver said 5 core features on launch. moolah is a scammer, simple. altered secret terms and conditions after launch to protect his 140btc investment in syscoin.


So where is the 1% Premine Address?

original premine address: http://sys.coinzone.info/address/SdT4LVg8BFXfcK6VQP1ALVpk4Wp62YHSAW

which was sent to exchange for quick dump if necessary

new exchange premine address: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici

as you can see the devs have moved the premine for some 'unknown' reason. seems legit. and its not 1% its 16.3% ~59million syscoin

if you think this is FUD, do research Smiley

Is this true? On top of the ipo there is an additional 16.3%?

dont take my word for it. calculate it, its simple maths. the premine is 16.3% of the current supply. they also own a further 15% ontop of the 16.3%, which was purchased through buy walls (250btc) on mintpal, moolah also was allowed to exceed the max buy of 25btc per investor, and has brought 120btc worth, as confirmed by his twitter. so all in all, between  syscoin and moolah, they own over 50% of syscoins, and an additional 1500bitcoins from us investors. seems everyones loaded, except the investors.
Of course they gave the 250 btc back, it's peanuts!!!! Wow

peanuts wouldnt describe it, but hold up, this is kind of a plus for investors with the dev+moolah owning over 50% of syscoin supply, this means if they dont dump, syscoin will never go below 200sat Cheesy