Why do you think that price will be under 20k? Best offer during crowdsale you can take with big volume is 28695 satoshi.
But yes, I too prefer single-IPO approach. I don't think Synereo is doing wise move here. But it was not a secret, they informed about it (in general) since the beginning and so it's hard to blame them. They are trying to think big and so let's see what they can do. On the other hand they should also be aware that crypto community is not the most patient one.
where did you get the 28695 from?
the site states crowdsale price is 33000 satoshi and upwards . on first day will be 33000 + a share of 1 million amps dependng on % of total invested on the day. impossible to predict what share of the 1 million amps anyone could get even with a huge volume buy.
Whales who have bought secretly for $800,000 (8.000.000 AMP) two weeks ago participate in receiving bonus 1.000.000 AMP too.
You receive crumbs from pie, whales have eaten all pie! Also they have bought on 18k.
And you will buy on 33k.
bought today at 28k and won't be taking part in crowdsale at this point (bbags already full). I didn't understand how it was possible price was so low with crowdsale price 3330. but if they are giving out cheap amps now on the hush ( at 28695 according to jimmco) that explains it.
I read on the slack channel that rich investors get bonus amps. This means price is lower for the big whales and they can sell for a bonus once they get their amps.
Really nobody understands problem scales?
On Poloniex of all the final price 28k is traded 3.000.000 AMP.
2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now.
They sold it bypassing the market!
It didn't influence the price. But it is very large volume.
Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k.
And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price.
This fraud from developers!