Quote from: bitarri on November 21, 2014, 02:32:02 AM

Quote from: blue_wave on November 21, 2014, 01:08:14 AM

Quote from: fragout on November 21, 2014, 12:53:00 AM

Quote from: blue_wave on November 21, 2014, 12:41:28 AM

Quote from: ownerbest on November 21, 2014, 12:35:41 AM

Quote from: BreakoutCoin on November 21, 2014, 12:26:08 AM

Quote from: ownerbest on November 21, 2014, 12:19:12 AM

Quote from: BreakoutCoin on November 21, 2014, 12:10:09 AM

Hello everyone, we did not expect such a negative response to an incentive that we thought would spark more interest. We can adjust the changes if the community feels strong about it.

There was not much participation after the level dropped below 5000. We wanted to offer an incentive for some people that may have been sitting on the fence. We can cancel the bonus if the existing community that have been with us feels strongly about this.

I could hardly believe that your team can make a huge thing. Because you are changing the rules all the time, unilaterally, not just once or twice.
In my opinion, you can just announce this project failed, and refund all the money to us investors.

To be frank, we thought that we were giving existing participants and people sitting on a fence a nice last minute gesture to get more coins at a higher bonus level before the first coin sale ended. The amount of btc raised is well below our stated goal. The remaining shortfall will have been sold to "private" investors to make up the difference. This was stated in the beginning of the announcement. We thought this was something the community would like. Huh

Please just ignore me, maybe you are right. I just don't like people changing terms frequently, especially for serous things.
Wish you guys succeed.

Just wanted to reply - you would be suprised how many changes big businesses have to make to become succesfull. And from my experience things rarely go as planned! Then, think about Crypto Grin

Wow 20 posts out of your 22 in this thread and no negatives. At least make an effort.

Sorry, I will try. As soon as i find something i really dont like i will start SCREAMING LIKE CRAZY!!!

As you may already know, I believe 100% in BRO project, but this kind of scenario should be avoided:

Whale: I finally believe in this project & I want to invest 100 btc, but my funds won't arrive until 1 day after ICO end.
Devs: Great! we'll extend deadline by another day to accommodate you.
Whale: Alright, my funds just arrived, but I'm not investing until you lower the price for me!
Devs: I guess we can announce a last day sale at 5000

Community: WTF just happened ? Shocked

Extending the ICO time to allow this group or individual to participate is already an injury, but lowering the price just for them is certainly adding insult to injury.

IMHO, by changing the price from 3000 to 5000, you're taking 100btc x (5000-3000) = 200,000 BRO from entire ICO share (10M) and awarding it to this group or individual while you could have simply taken those 200K BRO from Devs share.

I'm sure this was well intentioned to raise more funds, but it's not good if you want current & future investors to trust you with the long term management of Giveaways's fund (7M)

I suggest you revert to the old pricing to keep it fair for everyone. As I said, you can always award this latest group or individual with extra coins from your Dev share.

bitarri, we do appreciate your continued support. The timeline you are suggesting is incorrect. We always had the intention to end on the 20th of November. When the bonus levels were dropping every 48 hours, the block rewards for bitcoin were constantly changing and we made several changes during that time to adjust for the 48 hrs timeline. Same thing here, at certain times the clock estimated to close on time and others it was too early. We wanted to keep the end day on the 20th. Nothing more, nothing less.

As for your whale theory, the goal that we wanted to raise was 700 btc. We announced early that if we fell short, that we would do a private sale. There is no rush for a private investor to contact us, because we reserve the right to raise the difference if the crypto community falls short of that amount. This has been known and repeated several times. Hence, there is no need to extend the sale or raise it to appease a buyer.

The bottom line is this. We thought it was a nice gift to existing participants and new buyers alike to get a nice bonus before it closed. Nothing more, nothing less. In truth, we had no idea if there would be any more traction with the change anyways, considering the last week. No additional coins were being created and nobody's share is getting diluted. We are offering more coins from the original 10m coins we need to sell in order to fund our project. Nobody is getting hurt but ourselves. Again, we repeat, this was meant purely as a nice gesture, but got twisted and spun another way. Anybody that wants a refund, we will refund your btc account after the coin sale closes shortly.