Quote from: cryptodevil on November 04, 2014, 08:47:39 AM

Quote from: youngmike on November 04, 2014, 08:33:49 AM

I can't even imagine how low this is gonna be dumped after the market opens

Every person considering buying BLOCK at the ITO price has to ask themselves, "Why would anyone wait until after the ITO ends and then buy it for a higher price on the open market? Considering that there isn't actually any tech developed for this project yet and there will not be any produced for a considerable amount of time"

I just can't see why people think they are going to be able to flip a quick profit in an ITO that includes a large amount of altcoin payments that will need to be sold in order to return BTC that can be used to fund the project. Especially considering the 10% bonus for those buying with Blocknet altcoins is going to result in a huge dump at ITO price or lower on the bass that is a 10% profit without even needing to sell at a higher-than-ITO price.

It'll be a race to the bottom of that 10% at the very least, in that the winner will be whomever manages to dump out before the market slips lower than that point.

the reason to keep holding without the outlook for a quick rise is the decision to fund a project you wanna see become reality in the future cause you anticipate it making you lots of dividends then.

also important:

if the ito will get realised with around the minimum whatever you hold now is a bigger piece of the pie in comparison to when the blocknet would be cancelled for now and a second crowd fund in half a year would possibaly sell out. by staying close to the minimum people would hold the highest possible percentage in blocknet right now so they should think twice about allowing a second potential ito in better sentiment than last days in the future by selling now.

right now they hold the biggest possible chunk they could afford with their investment % wise in what they expect to be the internet of blockchains. would you throw away that chance?