Quote from: carlb007 on August 25, 2014, 03:15:41 PM

Quote from: darkslash on August 25, 2014, 01:41:03 PM

Quote from: Pmalek on August 25, 2014, 01:36:44 PM

@Darkslash you havent paid attention havent you? Moolah bought coins with devs bitcoins, because people wanted support at ipo price.

And there you have it, support is gone and devs end up with more syscoin. That amount of sys will be returned to devs in 6months from now if I understood correctly. Thats wrong for you too? Damn you just cant please the mass...

Devs kept their word for supporting the coin at ipo price and now you are fudding about it?

@Pmalek, you havent payed attention have you? 250btc buy support was out of the devs btc. In a complete separate transaction, moolah has purchased 140btc worth of sys. get your facts straight. If you still fail to believe, check moolah's twitter posts, its confirmed 140btc was purchased by him.

for the last time this is not FUD, why is it that everytime someone posts proof or facts, desperate holders try to call it lies?

Devs just because you guys promised to be transparent, could you please confirm the percentage of syscoin you currently own from premine and buy support walls. as it stands my calculations come to 34% of current supply, and your partnership (moolah) a further 14% of current supply. Your investors are waiting.

Where are you getting these "Facts" from because it sounds like BS to me?

The Devs havent had any payment from Moolah (they apparantly returned the first 250BTC when the coin launch hit problems), and as far as im aware have never stated that they will be putting that entire first lump sum into buy support.
If i remember a few pages back one of the devs said that a few of the team were aiming to use "some" BTC to try offer buy support but thats all that was said - nothing has happened yet because theyve not had any money? - At least this is my interpretation of the whole thing.

Id be suprised if theres been 250BTC SUM in trades across all exchanges since the thing launched tbh, as volumes have been incredibly low. Bittrex has had an average of about 17 BTC per day, Cryptsy 3 - 5 BTC today - your telling us theyve bought the entire damn supply up?

As for Moolah - they can buy whatever they want its nothing to do with the Devs. If you wanted to buy in 140 BTC worth at launch you think it would be THAT HARD to make a few payments of the 25BTC max as different users etc?

Don't accuse others from spreading BS, check the posts from DEVs, e.g.

Quote from: danosphere on August 24, 2014, 03:20:05 PM

Quote from: Soul_eater_123 on August 24, 2014, 02:51:44 PM

IMO the way to make the value grow is to start building all the things that this project promises. Obviously that needs money to be released so that should be an urgent priority. I don't think any funds should be used to make buy walls and the like though. This would be completely pointless and counterproductive. Value is added through utility and function, not through price manipulation (which can only ever be a short term fix). Putting up buy walls would be a sign of fear/uncertainty and liable to backfire. Let's get funds released and start building real value.

BTW we totally agree with this- we want to grow value in a real way. Not though walls and price manipulation. We already spent 250btc of the fund on buy support and Moolah is holding that SYS as per the payout schedule communicated earlier. What remains of the fund will be pushed toward additional dev, scaling the team, bringing on FT devs and a community manager to join the existing team and continue executing and expediting the roadmap outlined in my last post. We have 3 new devs we've brought on since launch but have paused growing the team further until we have some of the funding in place which should happen shortly.

So the 250btc returned to moolah have been spend on buy wall. And people dumped in it quite quickly.