Quote from: Miiike on February 16, 2018, 12:39:38 PM

Quote from: cd74reg on February 15, 2018, 09:05:18 PM

Quote from: cd74reg on February 15, 2018, 08:14:52 PM

Quote from: DeKingCrypto on February 15, 2018, 11:29:59 AM

Quote from: Riptex on February 14, 2018, 11:51:59 PM

We'll see. I like the project, it can help many people and provide many new opportunities. Hopefully it can establish itself before their competitors.

I agree with you in this, but the team needs to work harder, because there are many more projects unveiling day and night with different strategies and concepts.

Wow! Glad I got out when I did. I thought the loss back then was big. Crazy how a couple of little bounties making up less than 2% of total coins is justification of 60% drops for some "dignitaries" on this board. I would hire some Devs - it may help help the price.

On 2nd thought...this price looks too good to pass up. bounty sales should be about finished now. This is the only solid decentralized lending platform. Salt is not decentralized. Still plenty of room for competitors without taking any fire in this newborn industry.

I repeat, Wow! Glad I got in when I did. I think the gains here are going to be big. Crazy how a couple of little bounties making up less than 2% of total coins created this bargain sale at 60% off. I would hire more Devs - this is going to grow out of control quickly.

Wink

Not finished yet, the bounty sales (and by sales, I believe you mean distribution) happen for 2 millions worth of LEND every week

I appreciate the reply but 2 million released each week is not much compared to the total circulating supply. According to my calculations, after 10 weeks, only 2% of total supply would be released as bounties (2 million per week with 1 billion coin supply). Also, I find it seriously hard to believe that every bounty holder would sell their new tokens especially after seeing how high it was a month ago.

I am dense and sometimes and it takes a little while for me to figure things out but now I understand why the large sell orders have been sitting just above the last trade for almost a month now. Artificially holding price back and using bounties as the "cause" while the smart money stacks. I watched a trade yesterday where a block of 1 million tokens was for sale about 40 sats higher than the last price. It scared people off and the price dropped about 25 sats lower than last price then a huge buy order came in and the sell order quickly disappeared before getting executed. All I know is that I feel very fortunate to get back in at .10 fiat.