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21
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by Titulaer on April 16, 2018, 04:05:57 pm »
[...], so the only kind of return possible is some sort of old-to-new shares conversion.

There are some examples of coins who did this successfully, like Crypti -> Lisk. A big difference though, is that Crypti had a working product.
22
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by NxtChg on April 16, 2018, 10:41:33 am »
How about returning the BTC-s to the initial investors and creating a new ICO for this new project?

Yes, that is something we've discussed in slack, but most of the ICO money was spent during these 4 years of development, so the only kind of return possible is some sort of old-to-new shares conversion.

Still, it's an interesting option.
23
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by mcjavar on April 16, 2018, 06:21:07 am »
How about returning the BTC-s to the initial investors and creating a new ICO for this new project?
24
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by s11made on April 13, 2018, 03:48:28 pm »
Do your thing. I hope you succeed.
From my viewpoint, compared to the initial plan, this new plan sucks.
Maybe it is now set in stone already, maybe it will change. I'll check back in a year or two. Should be eough time to cool off.
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General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by Titulaer on April 13, 2018, 01:00:03 pm »
Both of you need to seriously cool off and get your heads in order.

26
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by NxtChg on April 13, 2018, 12:51:36 pm »
I don't even understand what you're saying.

I've put an idea forward for discussion. At some point one or more decisions will be made. Probably before release, because it doesn't make much sense to do it _after_.

Why you are crying about some "uncertainty that hurts markets", I have no idea.

Both of you need to seriously cool off and get your heads in order.

27
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by s11made on April 13, 2018, 12:30:09 pm »
UNCERTAINTY at its finest.
And what does uncertainty do to markets? Correct. It affects them negatively.

And why exactly do you assume that this uncertainty will continue after release?

If you could remove the uncertainty after the release, you could also do it before.
Why does the release change anything?
28
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by NxtChg on April 13, 2018, 09:52:57 am »
UNCERTAINTY at its finest.
And what does uncertainty do to markets? Correct. It affects them negatively.

And why exactly do you assume that this uncertainty will continue after release?
29
General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by s11made on April 13, 2018, 09:47:39 am »
Quote from: NxtChg link=topic=6.msg1687#msg1687

You keep repeating the same "10000% inflation per year" argument over and over again, while I keep repeating that 1 trillion release can be done in various ways, it might not even be released at all.

UNCERTAINTY at its finest.
And what does uncertainty do to markets? Correct. It affects them negatively.
Quote
While known factors are already reflected in efficient market prices, the main sources of market instability are unknown factors.

You can read it up:
Here https://www.bis.org/ifc/events/5ifcconf/slovik.pdf Or
Here https://www.sciencedirect.com/science/article/pii/S0264999317303474) And probably in 100 different papers and articles
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General / Re: [ANN][SIM] Simcoin - A Simple Coin
« Last post by NxtChg on April 13, 2018, 09:01:20 am »
Why would people buy it? If Satoshi Nakamoto would be releasing billions of bitcoins every months it’d have no value at all. That what will happen to Sim with trillion supply.

You keep repeating the same "10000% inflation per year" argument over and over again, while I keep repeating that 1 trillion release can be done in various ways, it might not even be released at all.

You're not listening. You just want to be mad.

So I don't see any point to continue being a parrot until you cool off.
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