Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
Zechis966
on 11/06/2017, 15:22:55 UTC

I have no idea why nobody cares about the dev team.. I wanted to invest like 20-30 eth in this but there are just too many unanswered questions that makes the whole thing fishy. People's logic is something like this : every ICO will at least 2x and noody sells under ICO so let's invest. But they only see the winning ICOs, the majority fails. Now this will be bought in 1hour I'm sure of that so it might make profit anyway and that is pretty dangerous in the long run, it teaches people to lose their common sense/logic and throw money at everything new..(this is kinda happening all year with ICOs)
FOMO at its finest. I was going to throw most of my liquidity into this project but now I'm toning it back.

Is there any proof of appcoin being a scam other than some forum speculating about it? Looks like it was simply an unsuccessful project. They are even open about it in at least one interview, saying "many of the appcoin team now works on Bancor". Having a failed project is not necessarily a bad thing, can be good, as long as they learned from it.

Let me ask you a different question, is there any proof that the dev team actually ever worked on anything ? I don't see much. more like none in the past 4 years.

While correct, they could've just learned from mistakes and be golden now, it IS sketchy that there's not more discussion about it.

I'm totally with you pw but the only disagreement is we don't try to predict where the market is going, we should closely follow it. And like the greats have said, the market will remain illogical longer than you remain liquid Wink

idk for sure about this one, might drop 10-15 ETH into it just in case, but I agree...the fundamentals are ALL off but fundamentals don't dictate where a market goes, it's the fools with tons of money who WONT let it drop past ICO price. I'll have to see how many transactions are attempting to occur right up til the sale...then I'll go with the money if it's going there!