I'm pretty sure that the main reason for that is due to complexring being a whale already, with about $1 million of vesting STEEM. So all he has to do is post, upvote his own post, have his whale friends upvote his post and voila, instant publicity in the trending section where all the little fish continue showering it with upvotes. I've seen this happen with seriously crap posts also (like links to virtual reality youtube videos pulling in $7,000, seriously?), and as long as it gets publicity from whale votes it will make huge bank. This can also be seen when someone posts breaking news about steemit and no one notices because it's instantly buried by other crap, but then a whale comes along 3 hours later and posts it and pulls in $10,000+.

That's the part of the system that I think is seriously broken right now.

lol how the hell did Ronny go and bring race into any of this...

Do you not see the irony in immediately jumping to the assumption that because someone doesn't like you, it's because you're black? What happened to not judging a man by "the color of their skin, but by the content of their character"? Maybe he doesn't like you because, you know...a lot of people don't like a lot of other people around here. Wouldn't it be "racist" if he were to treat you any different?

/rant

As to this ANN...Ronny, you make way, way, WAY too damn many coins. You dilute any focus any of these projects could have by constantly jumping to a new project that just makes everything a big confusing mess. And to top it off you have no awareness of how you portray yourself in public as you come here posting crap and calling people racist. How the hell you got to become the CEO of anything with that level of business acumen is absolutely beyond my understanding.

/rant2

Should we lock up STEEM purchased from Bittrex in VESTS? But if you do you won't get them back for 2 years?

I don't understand what vests are for. Are you implying a dump is coming?

Hey guys,

I started looking into CloakCoin a bit and am beginning to notice some parallels between what they’re doing (especially with their "One Market") and what Syscoin is looking to accomplish. Could anyone give a brief overview of the differences between these two projects (other than PoSA)? One post that caught my eye was this:

https://bitcointalk.org/index.php?topic=637704.msg8105764#msg8105764

Are these the basic functions that Syscoin is looking to perform? I'm just hoping that Syscoin's thunder isn't being stolen before it even launches…

zhangdu give it up, you were spamming (and are continuing to spam). The devs have been completely transparent in regards to deleted postings, and I agree with them 100%.

I see what you mean and appreciate the honest response. I just hate to see a coin with so much potential get caught up in FUD like this. I feel like you guys know what you're doing and I hope you're able to make the right decisions; it must be hard as hell to manage all this while at the same time preparing for the actual launch, and for that I salute you.

BTW I did invest 1 BTC into the presale, so I do have a vested interest. I'm curious to see exactly what else you guys have up your sleeves for the launch -- I've noted a few occasions where you've mentioned you're holding some cards close to your chest. Any idea when you will be playing these cards?  

Honestly guys, something's going to need to change here. Regardless of how fairly priced you may think the IPO is, and regardless how fairly priced the IPO may actually be, investors clearly don't feel the same way. How can a coin like this succeed without happy, supportive investors rallying behind it and building hype? Currently all the FUD is drowning out the positive talk about Syscoin and its innovative features, and that's a shame to see. If something isn't done to quell investors' fears then I'm afraid the negative stigma will continue through the coin's launch, resulting both in less raised during the IPO phase and zero momentum at launch.

Soul_eater just take some time to think about what's going on here. You acknowledged yourself that this is a truly innovative coin with huge potential, then within the span of 30 minutes changed your mind and want a refund. Dano and the team have already said they're going to be looking at the mining data and may make some tweaks, so at least wait to hear about that. Otherwise, at the very worst you can just dump your Syscoin at launch for near presale price so that others who do believe in this coin's potential can have a chance for cheap coins.

A few observations:

The general consensus around here appears to be that the IPO is overpriced. I personally feel the price is decent, but could definitely use a bit more room for growth one way or another (by reducing max coins is an interesting idea). However, the appearance of the IPO being overpriced is not good; it means investors are scared to take a chance with Syscoin and the momentum is instantly killed from all the pricing FUD (see how the IPO investments have slowed). Because of this, I think it's imperative the devs make a change to something in regards to the coin to make investors feel a bit more comfortable in giving Syscoin a shot, or else the coin will come flopping out the gate at launch day with zero momentum due to the general negative air surrounding the price. If there's one thing a new coin needs to succeed right off the bat, it's a happy and enthusiastic community but unfortunately I'm not seeing much positive talk around here at all since the price was released.

Also, just wanting room for growth does not imply the investor is only looking to pump and dump and reap short term profits; decent profits are what we're all ultimately after but we also want to see the innovations provided by Syscoin succeed. It's just that much harder to rally behind the coin when we know there's so much extra risk involved due to perceived little room for growth and shaky investor confidence.

On another note, I feel the biggest advantage Syscoin will have when it hits the exchanges is the DECENTRALIZED MARKETPLACE. This is what non-tech savvy investors are waiting for and this WILL be the next big thing in crypto. I feel it's extremely important to emphasize Syscoin's innovations in this realm, and the best way to showcase this innovation is by having a very user-friendly GUI that rivals the likes of eBay available at launch. If people clearly see they can instantly and easily begin selling whatever the hell they want on the world's first major decentralized marketplace, I can't imagine demand for this coin not going insane.

I hate to say it, but I too think it's only fair to distribute remaining unsold coins to investors. I mean -- we are the early adopters. We are the ones who believe in Syscoin enough to take part in this relatively risky presale. We are the ones giving the funding needed so that Syscoin can take off as we feel it should. It seems only right that the earliest risk takers should enjoy the greatest reward, since we believed in Syscoin from the very start.