Quote from: coin@coin on October 30, 2017, 08:01:00 PM

Quote from: paragon999 on October 30, 2017, 06:30:18 PM

Quote from: Billsonl on October 30, 2017, 04:45:19 PM

i brought in at the 1 ether = 3000 Fuel price. Now I see at etherdelat that people are selling at 1 ether for 10,000 Fuel. They are selling at 1/3 of the ICO price. How is this possible? Are people selling at a lost or am i missing something?

What you are missing is the fact, that 50 million FUEL were given to the etherparty team and additional 100 million to bug- and bounty-hunters, sponsors, etc. For free! These people can sell at any price and don't lose a dime. Apart from that, if all the 800 million FUEL had been sold during the ICO, then further demand would have caused prices to rise, but unfortunately the team remained seated at unsold 349 (!) million tokens ...

FUEL for EP team members are locked for 6 months after the ICO end, it's in the whitepaper so you got it wrong there.

Tokens are sold on Etherdelta by people who purchased in the sale, nothing anyone can do about that.

Traders are going to trade and people trying to get in cheaper will try to make some low sell orders to incite others to sell cheap so they can scoop them.

Don't be silly hodl your tokens, the sale has only just ended, give it some time.

price today: 0.04 cents, cheapest pre-ico price was about 0.08. dont sell now folks, wait 3 months and then you will be fine.