Quote from: Sembro Development on October 26, 2014, 04:38:47 PM

Quote from: klopper on October 26, 2014, 03:26:20 PM

Quote from: JSpike on October 26, 2014, 03:19:28 PM

Quote from: tuto on October 26, 2014, 08:29:18 AM

Putting a buy wall up at ITO price now would be the worst idea, because too many people have been buying under the ITO price and will simply dump their coins into the wall, my advice is to find another way, perhaps speak to Trex, ask them to provide (or to contact directly) the users who actually purchased in the ITO and sort out some form of refunds for those who are interested AND who have not already dumped their coins.

Lets face it, people buy into a coin to make profit, those with weak hands who have already dumped their coins have shot themselves in the foot by doing so because those are the people who have pushed the price down (Since NO ONE ELSE HAD COINS TO SELL).

Too many people here read and take the FUD for truth, its FUD people, FUD EVERYWHERE... Just shut the FUD up...

Anyway, my 2 cents, I'm buying more and holding long because I know Sembro will pull through on this, but I highly advise against any form of buy-wall at ITO price.

On another note; Trex made the decision for when ITO should end, Trex accepted the extra BTC after ITO was said it should end (misleadingly by the Devs, be it mistake or intentional no one can be certain).
Someone earlier said that "Of course you only received 1 refund request after saying you would put up a buy wall at 42 BTC at ITO price"...NO not of course, if anyone here actually read the posts properly Sembro said they would "Put up a buy wall, based on public response" - Well if there was only ONE person who bothered to respond then of course they are going to take that as peoples acceptance to see where it goes.

Here's how I see things;

People invest into an ICO/ITO > Coin does well > People who didn't buy in FUD to try to get price down to buy more then all of a sudden support coin until it goes back up...
Or
People invest into an ICO/ITO > Coin doesn't do well (usually because of FUD from those who didn't buy in and regret it) > People who did buy in cry like little pussies and whine about refunds... suck it up people, if you bought in, hold for more than 24 fucking hours and stop the fud, support the coin you have invested in and see what happens for once, not every coin you invest in is going to go x10 overnight...

I think their is no way this coin can overcome the fud without a buy wall. Compensating people directly will not help to support the coin, only cost a lot of BTC and what is happening with the coins? Destroy?
When you place a buy wall 40BTC or even better 80BTC @ only 3500/4000sat I think in that case some people will dump but I believe most of the community will keep their coins and even buy more, atleast I would not sell. Volume will increase and there is a chance of survival

My point is that you have to find a way to give this coin a second chance.

nb I bought ITO

Put the 42BTC wall at 50% ITO price. Thus creating an exit at 50% loss for everyone who wants out.

1. Destroy the tokens sold to the buy wall, this will increase the value of remaining tokens and rewarding investors supporting the project.
or
2. Put the tokens sold to the buy wall in a long term development fund for sembro token. To be stored and sold bit by bit when BTC runs out.

That's very much along the lines of what we had planned.

+1