Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
Greetings all - been following this form for a few weeks now and finally decided this topic was worth posting on.
Definitely disappointed.
Just like others follows all instructions Julian gave, although I sent Gwei to 55. Sent in transaction 27 seconds after opening. Sat pending for 30+ minutes then the transaction confirmed and looked like it had gone through, then all of a sudden the transaction disappeared and was resubmitted with a timestamp of like 40 minutes after. WTF.?!?!
At that point I knew I was screwed. Although I think I knew it sooner then that as I refreshed their page and within about 5 minutes they had already sold 60,000 ETH worth and the website was frozen there for about 5 minutes. Guess that is because it was slammed and done.
I know these companies need to bring in the money, and bringing in the "whales" early was a good idea in theory but really just allowed a larger portion of the available tokens to be held by fewer people. Is that not completely against the idea of these decentralized cryptocurrencies?
If these companies truly want the respect of the community and to be "decentralized" they need to limit their ICO contributions to a reasonable amount to say like $2000 limit. Donate as many times as you like but you can't just swoop in with $100,000 and buy up half the lot in 30 seconds... who am I kidding, all they want is the money, they are not going to try and slow it down.
Definitely disappointed.
Just like others follows all instructions Julian gave, although I sent Gwei to 55. Sent in transaction 27 seconds after opening. Sat pending for 30+ minutes then the transaction confirmed and looked like it had gone through, then all of a sudden the transaction disappeared and was resubmitted with a timestamp of like 40 minutes after. WTF.?!?!
At that point I knew I was screwed. Although I think I knew it sooner then that as I refreshed their page and within about 5 minutes they had already sold 60,000 ETH worth and the website was frozen there for about 5 minutes. Guess that is because it was slammed and done.
I know these companies need to bring in the money, and bringing in the "whales" early was a good idea in theory but really just allowed a larger portion of the available tokens to be held by fewer people. Is that not completely against the idea of these decentralized cryptocurrencies?
If these companies truly want the respect of the community and to be "decentralized" they need to limit their ICO contributions to a reasonable amount to say like $2000 limit. Donate as many times as you like but you can't just swoop in with $100,000 and buy up half the lot in 30 seconds... who am I kidding, all they want is the money, they are not going to try and slow it down.