I only have 30,000. I will buy another 30,000 when many ppl is dump the price once the wallet goes live. Will hodl it till the moon.
Have you been able to buy your 30k additional coins? I was planning to do the same, provided the price dropped to 100 - 150 sats. But it didn't drop that far. Only went down to 300 sats. I finally caved and bought at 400 sats. It has been sitting around that price for the last 24 hours at least.
What are your thoughts? Will it drop even further?
I think so. I sold off my ICO coins at what I feel is a pretty good profit and I'm monitoring the market to see whether it's worth it to buy back in again, or whether this really is going to tank. I'm still on the fence about this project.
If you pay attention to the amount of ETN coming onto the market, you'll see that the quantity available for sale keeps climbing, even though the volumes suggest that people are buying at the moment. I think the quantities will continue to climb as more and more investors are getting access to their wallets.
Seriously though: they delayed the launch by one month, engaged a fancy security firm and a middle-of-the-road PR firm and they still botched the second launch due to the website crashing or network slowing down when investors tried to access their coins?
To me this means one of two things:
1) They are too under-prepared (incompetent) to be managing a program with this volume of investors and participants, which makes me wonder how the hell they're going to pull off their much lauded 'mobile-mining' app
or
2) The delays and website crashes are meant to deliberately stagger access to the coins, so as to avoid an all-out dump and crash in the price (which was quite mysteriously pumped in the past week, in my opinion) after the launch. Which means they are are playing their investors for fools.