Re: [ANN] LUNYR - A Decentralized World Knowledge Base Built on Ethereum

Quote from: Zechis966 on April 01, 2017, 09:15:12 PM

Quote from: twn on April 01, 2017, 08:06:31 AM

8k ether is not so bad for a start i believe. Ether prices will effect also this ico. If ether price going to stable people will invest more on this project.
Lets see

Quote from: ruletheworld on April 01, 2017, 06:14:27 PM

Quote from: Hullo on April 01, 2017, 10:38:59 AM

Quote from: dragonares on April 01, 2017, 08:00:23 AM

Where are you ETH whale friends? You say you organize the ETH meetup in Bay area, but only 8k ETH funded, so did you brag about the truth? If you have whale friends they can fund you a lot.

The more investment will come into this crowdsale there is no bonus offer for this ICO. A lot of people trading at the moment so it will reach in final week than we will see big investment into this project.

This exactly. If an ICO doesn't have a bonus structure, you'd be incentivized to wait until the last moment. There is absolutely no benefit to going first. If you put money towards the end, you have a chance to value the project based on the money sent so far, and make a more informed decision towards the end. I suspect a majority of the funds will be raised in the last day or so.

this is the only thing I'm thinking would make it hard to succeed, and if they just alter any ratios now (LUN/ETH) it might cause some friction.

I at first thought damn why didn't I wait in case eth drops, but now I'm really thinking ETH is going to go much higher. As soon as mainstream adoption/speculation occurs these coins can hit 300 no prob because it's nothing to most people interested in new technology/ventures. You think about it many 'coins' only had like 900 people or 2000 people that the networks consist of, and thats when they're under a penny or whatever.

TL:DR I wouldn't bet on ETH staying stable or crashing for more than a day. I think ETH is gaining mainstream space, and while it still might be a minute before it shoots (if it didn't already Cool

) I now think kinda firmly that ETH will hit 300 easily if it doesn't have some sort of fatal error exposed. Everyone brings up the DAO but those people are also apparently afraid to learn and improve their mistakes.

If this project succeeds then I think all those who invested early will be happy they did so, because I've heard 'normal' blue collar people talking about bitcoin and ether now...I'm diversified into many tokens but asap when I get some more work irl I'm getting ether with the checks

That's not how it works though. If you invest later, you have more knowledge. The first day investor cannot know as much as the last day investor. For example, you may think LUN is worthy of an investment at a valuation of $10 million. It makes sense then to wait till the last moment to invest, as you know more about the project valuation then than on the first day. If it's already more, then you can skip the investment. It is not a hope of waiting for ETH to crash, because I suspect most people already hold ETH. It's a matter of getting more market information that can be used to make a decision of whether to participate in the ICO or not.