Quote from: jibble on November 19, 2014, 12:11:41 AM

Quote from: LovSan on November 18, 2014, 11:59:05 PM

Quote from: jibble on November 18, 2014, 11:34:19 PM

Quote from: bitarri on November 18, 2014, 11:22:20 PM

Quote from: BreakoutCoin on October 28, 2014, 11:31:23 PM

OFFICIAL ANNOUNCEMENT:
Hello Breakout Community. The previous announcement post was for discussion of proposed ideas. Breakout Coin Team will implement the following changes after listening to feedback from the community.
A. Elimination of the PoW stage and the 7 million coins that would cause dilution of the market over a two yr period.
B. Bergstake to begin from day one, allowing Bergstake owners ability to earn block rewards from day one.
C. Increasing the pool of BRO coins in the "coin sale" from 5.5 million to 10 million.
D. Approx 700 btc goal for initial phase
E. If the total amount of btc raised falls short of the proposed 700 btc amount, we will raise the remaining amount through a "private" sale.
F. Once the 700 btc criteria is met, the "coin sale" will end.
G. Remaining coins will be sold at a later date to be announced by Breakout Coin on this forum.
.....

I just proposed that they should first release game demos to attract more PR & build more investor confidence, before launching a 5 day coin Sale, preferably hosted by an exchange like BTER or BITTREX, to attract more investors. (Eventhough I trust my funds with BRO team, much more than with those exchanges)

How do you propose this?

Either

A . Destory all the berg stake connected to the addresses when selling on bter because you cannot transfer them - this doesn't work it gives breakout over 50% control of all future earnings for the coin.

B. They keep the coins - Even worse

C. they some how manage to set up an agreement with bter to allow people to transfer address which would be an incredible amount of fucking around which no exchange is likely to do.

The berg stake is what prevents your idea for being simple and turning into something more complex and a huge waste of time .

Can we please stop using the stupid logic that the IPO was a fail because it wasn't on an exchange, i know some people are very simple minded and see that because recently bitbay made thousands in a few days that it is all about being on an exchange, But it is a proven fact that it is possible to get 50 times more BTC while not being sold on an exchange.

There are 20 different reasons all causing the lack of funds that were collected and a few big reasons like nothing to actually see .

The 2 highest earning by miles right there are the ones not on an exchange , so the logic of an IPO being limited because it wasn't on an exchange , when the top 2 IPO's in crypto history to make the most ever were not on exchanges.................... logic flawed

The reasons that i have already mentioned..........Most complex criteria for signed up and investing in the IPO, even maidsafe and ethereum were easy as hell compared to this coin, this reduces the amount of investors just like the reason bitcoin hasn't been adopted is because its not easy to use

The fact they said we would see some examples and demos of some of the features of the casino and we haven't seen anything yet

The reward structure is batshit crazy ......investing in the IPO at the beginning of the IPO gives you more than 100% more than if you invest at the end......now i agree early investors should get an advantage but 100%+ is taking the piss, now only that , but the suggestion of selling coins on an exchange which would make it impossible to use the berg stake and create unfair distribution of berg stake , while also giving investors right from the start and even bigger benefit. like 150% . Yes this is also a reason to putting people off investing

Advertisement wasn't exactly amazing, except a facebook page that was most likely paid followers

There was hardly any advertising compared to other well known IPO coins

All these small things prevent the amount of people who see it and are aware of the project or want to invest thus lowering the total amount that people will invest

I think you are missing the fact, that Maidsafe and Ethereum IPOs were in different times. With BITTREX volume ~3000 BTC and before MintPal fell in a pit.

Quote from: jibble on November 19, 2014, 12:18:51 AM

How many more pages of "here is an idea , lets put it on an exchange for 5 days"

"you can't do that it completely ignores berg stake one of the main features of the coin, it doesn't make sense"

"i will offer no solution what soever to what has just been said, here is my idea :but lets put it on an exchange for 5 days"

It is quite feasible, all you will need, it's to replace real bergstake with tokens. People will buy tokens and in the end redeem them for breakoutcoin with bergstake.