Quote from: Vega on September 30, 2017, 07:45:53 AM

Quote from: btcthm on September 30, 2017, 06:49:54 AM

When pre-sale investors (bought at $0.25~$1.5) withdraw and sell, maybe huge dump!

Yes, this is what a lot of ppl with not enough information keep insisting on, but I bet that the affect will be much less then you all think.

First of all, those who bought at $0.25~$1.5 did so when Bitcoin was at around $2500 (ethereum was not an option at the time) based on the Bitcoin price rise since than they paid more like $0.4~$2.5.

Secondly there is a reason that you and most of other traders, ICO hoppers, quick profit hunters, etc. didn't even hear about the $0.25 until much later. Simply put it wasn't open to the general public. The majority of this was bought up by the team, serious investors, future enterprise users, (and I bet an exchange or too).
These are not people who look for quick profits, especially when they see much greater profit in the long term, or even better an utility to their tokens. In Salt's case the platform may launch as soon as mid-november.

Sure, there will be dumping but it will be moderate, $0.25 ($0.4 really) investors are not the masses who scare easily, money knows how to make more.

Now, one last thing, just for the record. The only reason I made this post because this thread is full of negativity, and bad information (seriously, about half of the facts posted here are either outright wrong or misleading), simply because no SALT Team member ever set foot into this thread, or even someone with more knowledge about the issues ever really bothered to show up here and spend time and energy on setting people straight.
There were serious in-depth discussions about this and many other issues about the membership sale as well as the future utility of the platform itself. But not here, never here.

So my advice for someone who is looking for information on SALT and found this thread would be: Find a better source of information, this there won't serve you well.

I think 64% at 0.25 is bought by the team, or even better was retained by the team. Rest remaining were sold at premium until 25$. If you see that way, profit is already 100X. This thread is filled with negativity because of the 0.25 presale, that was sold to insiders. How is this different from Ripple, where 66% of token is retained by the organisation, and everyone else lives in constant fear, when they will dump on you. Is there any vesting for first three tiers? (Atleast ripple has locked the tokens.)

P.S. - Just my opinion, not legal advice since Salt is not a token as they advertise on their telegram.