Quote from: Freaks on August 26, 2018, 06:46:30 PM

Quote from: promotionuser on August 26, 2018, 05:24:57 PM

I am missing the saving part. How do you save. Say I have 100000 SVD. You put it in the wallet. Then what? How do you save towards a goal? How does the value increase?

Then forget about this investment for few months at the moment I don't see any sign of mercy for this project. majority of the investors are still doubtful about the future of this project so when they will offload their tokens and whales get control over huge portion of the supply than we will see little rise there.

I doubt that will happen. Reasons:

1) Much too low liquidity and volume. It's near to impossible to accumulate a lot and once that would be achieved it wouldn't be possible to sell that without crashing the price,

2) Even more important: There are whales in this, big holders who can not sell without crashing the price to zero.

3) In the last AMA (right before it hit the exchanges) Yassin said, and he meant that positive, that it would start with lower circulating supply because of lock up periods etc. Also: As far as I know many Credit Card Users still don't have their tokens (?). That means: Over time the circulating supply will increase. It's not real inflation because the total will not change but for the market it is inflation.

4) Additionally there is a specific problem this project has: A really bad reputation. That leads to a lack of buyers.

5) It's still not cheap. Ppl just believe that because they compare the current price to ICO-price. But truth is: It was unbelievable overvalued. Nobody (!) could ever explain in which universe a total value of > $80 M would be justified. Right now it's at $8 M. The whole company is most likely not worth $8 million, why should the total SVD-supply be worth that much?

If you think about it out of the perspective of a rich kid who thinks about accumulating SVD.... There may be some who have too much money in combination with a low IQ. But they don't find this. ;-)

Edit: Somebody tried to pump this on August 15, or maybe he believed that would be "accumulation". He is a bagholder now or sold at a painful loss:

Quote from: tempus on August 15, 2018, 07:24:10 PM

Interesting/not smart pump attempt today!