Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
darkslash
on 25/08/2014, 14:24:08 UTC
So its 140btc on top of 250btc + 59m sys . My bad! So I still dont see a problem. Moolah is less likely to dump, then the manipulating whale. Moolah will probably sell in parts when price hits x5 ...

thats fine, but he isnt less likely to dump than anyone, he brought as an investment. if he brought on dips i guess you could say it was insider trading, as he had control of escrow so he knew the future news. which would be considered highly illegal in trading stocks, but hey.. these arent stocks.

i just find it disturbing that the partnership and the developers own 48% of the current supply + 1500BTC, and investors are down 30% of initial investment. Its just worrying, how did this happen, shouldnt they own like 2% current supply of premine, or 0% since they have 1500btc.
1250 btc left they used 250btc up.. and they paid in the high 4oos for syscoin..because every 1 told them to.. so people had the chance to bail..you well had your chance to get out..and look ive paid 605 for 1 sys 1 bitcoin worth i bought..but i not moaning..  just buy more if you can or ride the storm..and you seem to think your good at math  why you not sell all holdings and then bye back..if your so smart
my mistake 1250btc and 48% of current syscoin - or in figures - a cool $988,000 Cool Cool Cool

it just feels a bit rough that devs are up almost 1million dollars USD from zilch, and investors are down 30% due to developer incompetence, lack of skill and poor time keeping skills.

and i did, i brought 1btc worth @ 470 and sold straight away @ 670. Im not moaning, im just concerned for other investors who diddnt get out in time and concerned the developers aren't being transparent enough.