Quote from: nomoreheroes7 on August 19, 2014, 10:06:28 PM

Quote from: lvyuan95 on August 19, 2014, 09:56:01 PM

Quote from: Bigcabrito on August 19, 2014, 09:45:36 PM

Quote from: danosphere on August 19, 2014, 09:33:21 PM

And many developers take a 1% premine, wait 2 days, dump it all and then clone another coin and repeat. Don't forget audacious roadmaps that never materialize (anon! marketplaces! magic! pixie dust!). You're right, that doesn't take any effort. That is not Syscoin.

See also: the last 2months of scams in crypto.

You just explained one scenario that kept repeating these past few months. But, go backwards to the beginnings (e.g. Bitcoin/Litecoin/Peecoin). You dont even have to look that far back, check out Darkcoin and you will see there was no premine, no IPO. They did not "need" it, they did not want all those investors. That was my whole point since I started this conversation, by doing the IPO you have commited yourself to the investors and in a sense the "Syscoin Team" does owe them. Anyways I was just defending myself against vicvelcro who spat out incoherent replies, in which I immediately understood he was under distress and stopped the conversation.

Let me get your point more straight forward:

There are only two type of IPO investors, type one people who support this project, and type two people who want to make money out of it. And you, at least need to make your IPO investors happy, both type of investors. But look at everything now, are your type one investors happy? I'm afraid not. How about type two? lol you tell me?

So here's the solution, to make type one people happy, you are working hard right now, that's good to see, and please keep it up. To make type two people happy, you need to set up buy wall on 516 sat ASAP, more investors going in will always benefit your project.

These are actually all really good points. Either way, I still think it's imperative that the 465 buy wall remains firm. If that falls it will be nothing but panic, FUD, angry investors, and all around terrible atmosphere for the coin. A good technique may be to just build a huge wall at 465, so people don't see the wall that's currently there getting smaller and smaller and causing a tidal wave to wipe it out. A large wall signals confidence, and potential dumpers will think twice about dumping into it.

lvyuan95

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