Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
poprocks77
on 07/05/2018, 22:18:47 UTC
I own a very small amount of EVN that I bought on HitBTC.  A terrible exchange btw with egregious fees.

Anyway, I have ZERO hope for the EVN project but am curious to see what happens.

Most of the ICO value has been lost as they held on to their $1400 USD priced Etherium which is now at $759.

On top of that, mining has gotten substantially less profitable compared to Dec or Jan.

I think the current price is high given how the project has gone.

EVN Losing another 90% of it's price wouldn't surprise me..as running a massive mining operation is huge logistical operation that the founding team doesn't have much experience in.  I run several mining rigs..and they are a pain in the ass to keep operational.

Seems like this whole ICO was very idealistic and not prepared for ETH to lose 50% and for mining to also lose 50% profitability.

What are your thoughts?