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Showing 3 of 3 results by Aeter
I don't doubt there is solid tech and features behind this coin, actually looks like the first promising coin of 2018. Like pretty good, but lets dig in at some finances, Because; after all, you're talking to investors here.
...Greedy. Cunt's valued their product over $250 million USD before anything is developed, at ETH's current rate. AMAZING! What the fuck do you need over $250 million usd for to develop this project? Like seriously, you're telling me each token you're selling is worth more than $1 USD or $1 EU, fucking crazy nonsense.
These companies are valuing their ICO's based on the current performance of a BULL market, not actually what it takes them to develop. When they go through the ICO and determine how much each coin is worth, they look at the current climate and gauge... investors can make an easy X2 return on this coin, because that's all that matters is ROI, and if investors are not making at least X2 on ROI within the first week, then it was definitely a failed ICO.
So, basically, they think investors can pull x2 profit from their coin (they left investors with skin and bones), with a total evaluation of around 500 Million USD for this ICO. If you mention something about a hardcap, you always ALWAYS invest based on hardcap of the ICO's, or you really have 0 clue on what you're doing, ESPECIALLY for the private investments. (Read carefully before you comment on this).
I'd love for the devs to explain how they came to the conclusion for the ICO's price, that would truly make my day! But i'll tell you here and now, it was magically ripped out of that Chinese guy's ass and shit all over you poor sheeps.
EDIT: It seems like all the sheeps are congregating on telegram these days, and there is no meaningful, real discussion that occur on any of these fucked up ICO's. Bubble markets indeed... when people don't even know what they fucking invest in anymore. These types of ICO's will eventually cause all the crypto markets to collapse on its head.
...Greedy. Cunt's valued their product over $250 million USD before anything is developed, at ETH's current rate. AMAZING! What the fuck do you need over $250 million usd for to develop this project? Like seriously, you're telling me each token you're selling is worth more than $1 USD or $1 EU, fucking crazy nonsense.
These companies are valuing their ICO's based on the current performance of a BULL market, not actually what it takes them to develop. When they go through the ICO and determine how much each coin is worth, they look at the current climate and gauge... investors can make an easy X2 return on this coin, because that's all that matters is ROI, and if investors are not making at least X2 on ROI within the first week, then it was definitely a failed ICO.
So, basically, they think investors can pull x2 profit from their coin (they left investors with skin and bones), with a total evaluation of around 500 Million USD for this ICO. If you mention something about a hardcap, you always ALWAYS invest based on hardcap of the ICO's, or you really have 0 clue on what you're doing, ESPECIALLY for the private investments. (Read carefully before you comment on this).
I'd love for the devs to explain how they came to the conclusion for the ICO's price, that would truly make my day! But i'll tell you here and now, it was magically ripped out of that Chinese guy's ass and shit all over you poor sheeps.
EDIT: It seems like all the sheeps are congregating on telegram these days, and there is no meaningful, real discussion that occur on any of these fucked up ICO's. Bubble markets indeed... when people don't even know what they fucking invest in anymore. These types of ICO's will eventually cause all the crypto markets to collapse on its head.
I totally agree, would be nice if the devs address this questions. Is this even the official announcement?
It is crazy how ICOs are doing a lot of moneygrabbing (talking in general, not referring to this project) by overvaluating project at concept stages. Not to mention how much tokens being hold by the team and advisors.
I think there's a lot of negativity being spread about ICO's and perceived value etc. There's plenty of terrible projects driving this perception, but this is a project that genuinely looks to have a future, and based on the current crypto market there is no reason it shouldn't be valued as much as it is.
We are almost certainly in a bubble at the moment but who's to say it won't keep gaining traction? The dotcom bubble is a great comparison. The real projects stayed afloat at the end and continued to make incredible progress after the initial crash, while the fluff and speculation died.
In any case, I'm looking forward to what the future holds whether that be good or bad.
Great project and team!But my btt level is too low，I can't get the bounty!
What a pity!
What a pity!
Actually you can participate in the bounty, I plan on doing so and am right now! The only issue is as new members we won't be eligible to receive as many stakes as other users. However, if you believe in the project and the team, any stakes you can get is certainly only a positive. I'd suggest taking a look through all their campaigns and checking if there's anything you are able to participate in. I'm doing the signature campaign and looking into the Reddit one as well. Hopefully you can find something!
Best of luck
Looks like a good bounty program. I'm no stranger to these forums as I have been lurking for some time. I've joined up for the bounty program and will contribute my utmost. I've read into the whitepaper and been looking into the project for a little while now - it definitely has my attention and I'm very excited for the technology behind the end product.