Quote from: L_777 on May 30, 2018, 02:34:54 AM

Quote from: Saichoukyushin on May 29, 2018, 11:59:11 PM

Quote from: L_777 on May 29, 2018, 06:39:33 PM

So it seems XYO's strategy to continue the token sale, not only completely failed, but also backfired horribly. The token price went into the shitter from where the bottom feeders are buying at a discount. Nobody is really buying from the gamma sale, and investors are trying to cut their losses by dumping on iDEX. Nice work.

To Scott: Stop making videos. You don't inspire confidence in this venture. You should be filtered right out.

It was listed on idex while the ganma sale is on going? That's terrible idex is very bad for having it. It happens and i think not all of them has to do panic sell in idex. Wait for the official announcement about this like one said to jump in into conclusions.

OK guys, not jumping to conclusions here, I talking about historical facts. The token sale failed. Very few are buying from gamma. The price on idex is still lower than gamma. Even if this changes, which it may, it does not change the fact that XY betrayed their investors by diluting the tokens with an additional 5bn.

A more reasonable strategy might have been to list the token, work hard to develop the technology, and sell some of the reserve to finance ongoing development. Instead they shot themselves in the dick.

The team did not raise the projected $48M during the main sale, although, it didn't go that badly, either, considering the cryptocurrency bear market. ~17,000 ETH worth of XYO had been sold by the end of the main sale; which by historical ETH Prices is $12,225,691.04; $10,000,000 came in the last 30 days of the main sale.