Re: [ANN][ICO] savedroid ICO - CRYPTOCURRENCIES FOR EVERYONE

Sitting here watching the ico page is just astonishing their already over 2b coins sold, and its moving quite fast. I've actually taken to have the savedroid page open on my second monitor because i find it funny just how fast the millions of tokens keep getting sold, i continue to be impressed how well the demand is keeping up into the coming days. Doesn't appear to be letting up at all lol

The fact that the ICO is moving really fast is great. I know from other projects that I followed, that the number of tokens that get sold is huge right after the start of the ICO and then it drops drastically. It's nice to see, that the money keeps coming in for savedroid.

they have now sold 33% of the tokens in 24h. the whole reservations are now sold, now it is to be seen, how long it takes for the remaining 67%. Of course, it was initially through the reservations very quickly. many had the worry to get no tokens (I had that too :-))
It will be rumored how fast the pre-ico went and how many tokens were sold in the first 24h. that will lead to fomo and then the rest of tokens are gone within a week :-)

The statistic is impressive, approximately 20M in 24 hours.
In my opinion the ICO is sold out within a week.

Might go a bit longer just due to the size of the hardcap but the fact is its astonishing to hit 20M in 24hr. Some of the other ICO's ive seen with a lot of excitement didn't come close to going this fast LOL! Another 100M tokens gone since i posted earlier today, its seriously comical watching the counter go.

I'd imagine we will see a number of big purchases from whales purchasing up additional bulk coins to shore up their investments considering the popularity of the ICO so far. So we might see some big jumps over the next week

Even it takes more than a week, in the end, it won't really matter how fast the whole Sale sold-out. From an investors point of view I wouldn't even be so upset if not all tokens were sold but burned (less tokens in circulation) Roll Eyes

But because I want the savedroid team to have as much funds as possible to develop their platform, I hope they raise as much as possible. And I am convinced that can manage to sell all tokens. The ICO just started and there is still a lot of time left.

As an investor I always hope the hard caps of the project I invest in will be reached. Yes there are more tokens in supply, but in the long run, if the projects hits the hard cap it means more people believe in it, and it will have higher chances to succeed. So for me it's a no brainer, I hope the hard cap will be reached, and the sooner the better.

Yea but a lot of circumstances can also affect the hard cap been reached, like the price, the amount needed for the hard cap, so it varies, a token with a starting price of $0.001 and a hard cap of $2,000,000 can easily be reached than a higher starting price with large volume, so different projects have different specifications

Why do you think that the price of the token has anything to do with the likelihood of reaching the hard cap? It makes no difference if they price of a token is 0.01$ and there are 1 bil tokens, or if the price is 1$ and there are 10 mil tokens - the hard cap for both cases is 10 mil dollars. Of course the higher the hard cap is, the harder it is to reach it. I didn't say that a project that doesn't reach the hard cap will always fail. I just think that reaching the hard cap has way more benefits than drawbacks from an investor perspective.

I'm not saying it will fail and yes, prices do affect a project , is unethical calling names, i would have given you examples of some ICOs, reason why most ICOs keep the price range between $0.01-0.001, why don't they go for $2-4 instead since they need to raise huge amount?, is logical prices are kept minimal