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Showing 20 of 73 results by Sembro Development
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 10/12/2014, 20:05:25 UTC
Gearing up for our launch of SembroTax, our dedicated bitcoin accounting and tax tracking software for businesses and individuals, which is set to launch Dec. 15th under http://sembrotax.com/. Press releases will be going out to media outlets by early tomorrow.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 02/12/2014, 07:23:10 UTC
lol. so many ignorant statements in so many ways. Happy fudding to everyone who is upset they did not hold and now wants to buy back in lower. Same tactics that were in place when it first went live.  Gotta love the accusations with zero proof.  The only proof is we have put the ITO funds into development and are actually producing products with set launch dates exactly as we mentioned in our plans.  This is why we do not bother staying active on this forum.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 02/12/2014, 00:45:16 UTC
LOL, no wonder the ITO, ICO, whatever you wanna call it was such a disaster.  How stupid would you have to be to mix your "legitimate" company with a shady ass pump group Huh

Mistakes were made in our attempt to market a successful ITO procedure. Along with a bumpy road up to this point we thank everyone who is still supporting us (even be it very few after the mistakes made) and we look forward to our long-term supporters prospering with us.  We also designed the software to be compatible as a plug-in for a TurboTax or equivalent software product but cannot say more.  Wink
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 02/12/2014, 00:36:10 UTC
never rule out that they may be in the process of being bought out already and can't broadcast any correspondence in the mean time to avoid SEC laws.  Not saying that is the case, but its a possibility.  Companies like TurboTax have a lot to gain by buying something like this to expand their customer base.  Again...just a possibility

+1

First post since late October- welcome back Cheesy
Been actively following your twitter activity over the past month also. Great recent developments.

Thanks for the support. As some people from the community have inferred we are choosing to remain quiet in our communication to avoid any issues with government regulations.  We are complying by all government standards currently imposed, but we have received numerous requests daily with people who wish to work with us to "pump" the coin.  We cannot do that as it exposes us to potential regulatory implications that could severely damage our interests.  All we can say is from day 1 we have advised everyone that we will be releasing real products which will make a real impact on the industry and create value, we keep by this word, but we hope our community understands this is a long-term play and in an industry in such a "gray-area" we need to be careful with every action we make and therefore have chosen to limit our communication and therefore exposure to forum communication.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 29/10/2014, 00:56:15 UTC

Is this one of those last "good news" right before the big dump? I lost quite a bit already on this coin. I bought at IPO :/

This is just the beginning. We would like to migrate from this forum to twitter as it is easier to monitor.  Just sit back, wait, and check the price a few months from now.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 28/10/2014, 00:39:02 UTC
Just to make things clear, please read what we have posted. We said we MAY post a buy wall based on community input and had a 24 hour refund window directly following the ITO closing on Bittrex where we only received one request and issued a refund.  Now that several days have passed and the price is dipping, it appears buyers want a bailout.  The wall does not appear to be the best option.  The main purpose would be to help out early investors, but creating the buy wall now would not be the best solution because it does not guarantee only early investors could exit their positions if unhappy.  We took a hands off approach to this ITO and do not own more than a few btc worth of the token, many other ICOs have resulted in the dev team controlling a large stake and manipulating the price.  Our mentality was and is for this to be a coin owned by the community and not controlled by any one major source.  We will not let this coin fail. It has only been live on Bittrex for a matter of days, give it some time.  If you take a look at historical records, the vast majority of coins (not designed specifically for a massive pump) follow a very similar trend when first hitting an exchange.  It takes time for support to build and we are keeping a close eye on it so we can help support it if necessary, but we cannot stress enough it has only been a few days.  I know it sounds lame but it is the truth, in a true free and decentralized market, like Bitcoin is based on, the fair market value of the coin is dictated by the community, not a centralized source (aka dev team, majority holder, etc.).  For anyone that believes that we may have profited directly from the ITO, that is the farthest thing from the truth.  Look over our roadmap (visual and explained in detail).  We have big plans, that are not just ideas, but are nearing completion and will be launching in a matter of weeks.  We encourage holders to actively watch over the next 1-3 weeks as we begin unveiling products.  If you choose to hold your coins, we will all profit together over the upcoming years.  If you wish to not be a part anymore then go right ahead and sell your coins, we will be there to support the network and add support to stabilize it when needed (it has not been live long enough to even settle on a pricepoint for more than a day so we will really begin our work once it settles).  We are by no means ever abandoning this project and will use it as a great example in the near future as to how crypto has progressed in such a short period of time despite the critics. We hope each and every one of you understands that we are here to stay and our goal is to take crypto mainstream and make an impact on society.  If you are still a non-believer then just sit back and watch our new products and services unfold.  This is not a get-rich-quick scheme, it is a sustainable business model. 
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 27/10/2014, 12:54:40 UTC
I have reasons as to why I chose to post in here with a newly registered account. To put it simply, I have a history of 'post tracking' and I'll leave it at that. It doesn't matter and quite frankly, I respect and see where your doubts are coming from. But also, I dont really care. Believe what you will.

What I posted was merely a suggestion to the dev team. They may just completely ignore it. Whatever they decide to do, I know that there will be people who will complain regardless. On a side note, I'm all for community votes which was actually my initial suggestion. But with something like this post ITO buy-wall business, the votes will of course be biased by those who obviously just want to cancel out their investments without a loss. That's just not how investing works.


I completely agree (and I am no newbie). I invested in the ICO and invested more when I heard a buy wall was being contemplated. Still, the logistics are difficult, if not impossible. If you are serious developers then don't worry about the complainers. There is just no way to tell who is real and who is just trying their best to manipulate things.

There are two things that you can do. First, if you have a guy who knows what he is doing, then take some of your BTC and buy back some of your coins strategically. In other words, if there are opportunities to take the coin higher, go ahead and do it. At this moment in time it sure wouldn't take much to move it higher, but that can quickly change. If you believe in the coin then you will only be adding to your potential profits and it will satisfy the early investors who want out. But, and this is important, don't tell us when or how (or how much) you are going to be entering into some buybacks. That would just encourage short term traders. Say that you plan to buy back some coins, if and when the market dictates, and then move on to other topics. This will strengthen the coin, but would include no guarantees.

Secondly, whatever your first planned announcement was going to be -- go ahead and announce it, even if it isn't ready and you have to be somewhat vague. Get a sense of movement and momentum going.

After that, just go about your business plan as always. Just because things don't start off well, doesn't mean that is the end. Just take your lumps and move on.  

Exactly what we planned to do with adding profits to strengthen the coin.  Our big announcement is we are launching SembroTax in November, first company to create a small business accounting solution that not only caters to current bitcoin companies but facilitates mainstream adoption by providng the tools necessary for any business to easily accept bitcoin.  Our goal is to have it out to the media and launched within 2-3weeks. Most likely will be sooner!
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 27/10/2014, 12:32:08 UTC
I still believe the only way to have a bright future is to place a big buy wall.
The bigger the better, most of the people will not sell when the buy wall is big enough, people will place new buy orders above the wall.
I would not sell if their is a big buy wall.

Like to personal solution you destroy the coin, people will not have any trust left for the future, atleast don't want to take the risk.

If you want to solve directly with ITO buyers, please contact me and I like my compensation, then Iam done with this project, cause people will dump way lower then current hopeless prices.

At last please make up your mind, take a decision! Each day you tell us to wait one more day, this is not helping to rebuild trust.

We're not telling to wait one more day. We gave a 24 hour window post-ITO to grant refunds, got one request. Now we are opening it up again. That's more than fair is it not?
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 27/10/2014, 12:20:34 UTC
Here is an update where we stand. Please read and provide feedback. We do not want to rush into anything until a majority of the community approves so as to not further aggrevate any early buyers.  

1) If we place a buy wall now then people who picked up on the dump can easily lock in a large profit and will sell, so early buyers may not be able to exit their positions if they wish to do so.
2) We did not have Bittrex place the buy wall because we clearly asked for community input via email over a 24 hour period post-ITO and only received one email, which was for a refund, which we processed.  
3) If we placed the buy wall now, later buyers could exit their positions before early buyers have the opportunity and that defeats the purpose because the whole point of the wall was to help out early buyers.  

We are trying to reach the best solution across the board, but it is very hard with many completely different strategies posted on this thread.  We will work towards satisfying early buyers but we need them to communicate directly with us via email or DM on twitter.  

Devs, I must give you major kudos for even bothering to respond to scam/shady/etc accusations.

I'm not sure if the Sembro team is new here, but let me give you guys a piece of advice. BCT is a cesspool of manipulation. Im not going to go into details, but I will say this is NOT the best place to take people seriously. My suggestions is to resume your campaign updates, etc, on twitter AND your very own forum. I can tell you from experiences that 95% of the FUD doesn't follow coins when they migrate to other forums.

I wouldn't advise you to completely abandon Bitcointalk, oh God no, dont do that. But at the very least, you need to create a NEW SELF-MODERATED thread.

As an investor, it is clear to me that you guys are very serious with your plans for the future of SMBR, and I know you guys have probably been uneasy getting T-Boned by the merciless BCTalk community. I just want to say that these are the vocal minority.

Finally, I want to leave of with this:

Keep the BTC funds. Forget the buy wall. As a SMBR investor, I took the risk of buying in ITO and invested in SMBR for the sake of investing in it and seeing the projects come into fruition. Not this 'quick coin-flip major profit' mindset these vocal minority are clearly all about. If you give in to these ridiculous suggestions, you will only be instilling this type of behavior for future ICO's/startups whose value may decrease upon launch. In the long-term, this buy-wall business post-ITO is no good. The coins have been distributed and investors who came in later are just begging for a buy wall to be set up. Most likely half of the people here demanding a buy wall are those who bought SMBR post-ITO.

You have done what you can, and let me tell you, no matter what you do at this point, you are going to get major flak for it.

Do the BEST thing for the community in the long-run and that is to USE those ITO funds for further development of your projects lined up for Sembro. Please do not give in to what has become of this thread post-launch. Again, I say all this as a SMBR investor & am sure that I have invested more in the ITO than 90% of the people complaining here.

Devs, keep the BTC and develop SMBR. FUDsters, let this be a lesson to you on what true investing means.

To the rest, I can tell you right now that in time, SMBR will go back to ITO prices and well surpass it. So keep calm.

Very old & common saying but it clearly applies here as it does to real world businesses, startups, other altcoins, and of course, Bitcoin -- "Rome wasn't built in a day"

So you registered today to make this post....
Do you have any affiliation with the dev team?
Real businessmen making sockpuppet accounts.

That's not our account.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 27/10/2014, 11:32:07 UTC
Here is an update where we stand. Please read and provide feedback. We do not want to rush into anything until a majority of the community approves so as to not further aggrevate any early buyers. 

1) If we place a buy wall now then people who picked up on the dump can easily lock in a large profit and will sell, so early buyers may not be able to exit their positions if they wish to do so.
2) We did not have Bittrex place the buy wall because we clearly asked for community input via email over a 24 hour period post-ITO and only received one email, which was for a refund, which we processed. 
3) If we placed the buy wall now, later buyers could exit their positions before early buyers have the opportunity and that defeats the purpose because the whole point of the wall was to help out early buyers. 

We are trying to reach the best solution across the board, but it is very hard with many completely different strategies posted on this thread.  We will work towards satisfying early buyers but we need them to communicate directly with us via email or DM on twitter. 
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 19:09:37 UTC
We have received funds from Bittrex. Please allow until tomorrow Monday (Business Day). So we can hold a meeting with our full management team and decide the best way to proceed.  We have received various different strategies for helping out early investors and want to choose the best one.  We will be posting updates here and on twitter.  A main issue with placing a buy wall is that all investors could cash out and buyers post ITO lock in 300% gains if we place it at around 4k sat.  We want to make sure early buyers are taken care of.

You should use a bot to pimp the price and make some volume  Grin

We did this for crowdfunding to obtain capital for our crypto-related projects to strengthen the industry and help bring it mainstream. We did not do it for a pump and dump or any form of price manipulation.  Any fundraising capital obtained is going into product development.  Hard to believe in the world of cryptoscam, we know, but we are serious about building the company.  Keep a close eye on it over the next few months.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 18:50:23 UTC
We have received funds from Bittrex. Please allow until tomorrow Monday (Business Day). So we can hold a meeting with our full management team and decide the best way to proceed.  We have received various different strategies for helping out early investors and want to choose the best one.  We will be posting updates here and on twitter.  A main issue with placing a buy wall is that all investors could cash out and buyers post ITO lock in 300% gains if we place it at around 4k sat.  We want to make sure early buyers are taken care of.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 16:38:47 UTC
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.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 04:58:42 UTC
We will have the funds from Bittrex by tomorrow and then we will work to satisfy all early investors. Please just wait until tomorrow and we will resolve all issues!
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 04:15:08 UTC
Source Code, windows wallet, linux wallet, and osx wallet have been updated. Also use node 198.144.184.175 and 162.144.120.222 
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 26/10/2014, 03:28:22 UTC
Windows wallet has been updated.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 25/10/2014, 21:06:11 UTC
Code has been updated. Recompiling wallets now and then we will get the blockchain unfrozen
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 25/10/2014, 17:48:58 UTC
We have everything under control. Please be patient. First thing we have to fix the blockchain and then we will help investors out.
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 25/10/2014, 17:27:43 UTC
We're going to rollback the blockchain back into pow. So we have a few hours to get wallets staking and the transition into pos goes smoothly this time. Then Bittrex will release the btc to us, and then we can set buy walls. Everything will be resolved today.

We all know you wont put buy walls when you will received BTC

Thanks for the support...
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Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
Sembro Development
on 25/10/2014, 17:20:34 UTC
We're going to rollback the blockchain back into pow. So we have a few hours to get wallets staking and the transition into pos goes smoothly this time. Then Bittrex will release the btc to us, and then we can set buy walls. Everything will be resolved today.