Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BRO] Breakout Coin Genesis Sale | Proof-of-Bergstake | Poker | Fantasy
by
tx42
on 19/11/2014, 01:00:57 UTC
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 .

I'm not going to argue for an exchange offering, but Bergstake is not a hindrance to anything, or at least shouldn't be.

For example, you can host an ITO on an exchange. When it is over, buyers can move coins to the token wallet. They have say 2 weeks to move the coins to their wallet. Then at some time a snapshot of the chain could be taken which reflects the BRO genesis distribution. People then use their token keystore (wallet.dat) as their BRO keystore and the BRO coins appear on first launch with of the BRO wallet client using the token keystore.

I just made that sound a lot more complicated than it actually is. In short. Buy tokens. Send them to token wallet. Backup the token wallet.dat. Wait. Launch the BRO client. Point the BRO wallet client to your token wallet.dat backup. Enjoy your genesis BRO coins and Bergstake.

Now, whether it is a good idea to host a sale at an exchange is another topic entirely.