Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TAO/XTO] Tao - Real Solutions for the Music Industry!
by
ACGCrypto
on 08/03/2019, 01:40:31 UTC
Dude, you are clearly living in an alternate reality of your own imagination.  What is wrong with you? 😂

The market price was the actual effing last trade price on the active market at the time he made the image: https://qtrade.io/market/TAO_BTC  
Do you not even know how to use Blockfolio or check the order books?? 🤣

Bryce is probably calculating from the ATL which I think was around 140-150 sats. From memory, the sale brought in about $100,000 there were what 30,000,000 Tao disbursed which gives you about $0.0033 per coin. Pretty sure the price of BTC was somewhere around $580 or so at the time. Where are you getting your numbers from?  

Watch the livestream on Friday, you confused silly person.  Cheesy

To be clear, the only sale at 5099 sat was for *drumroll* 10 tao.

So a whole 2 dollars worth of tao has been traded at that price. Congratulations! Meanwhile, in the real world, all the major trades (before and after that peak) have happened at around 2-3.5k sats.

Ah, ATL is "initial trading price" now? I guess that's good news for various assets that were massively overvalued at launch.

The point here is: for an asset with such an extremely noisy market as TAO (you can literally push the market up or down by massive amounts with a single sale), it's hardly honest to measure ATL to ATH and claim that as the norm.

Gosh, the order books are currently thin and the lack of liquidity makes for a lot of volatility. What an unexpected situation. I personally don't see any reason for him to have included the price stuff anyway, TBH, but the way he did it is just basic marketing. You make the best truthful claim you can to present what you're marketing in the best way. Whatever man.

See you on the livestream Friday.  Wink