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Showing 8 of 8 results by elodieg
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Board Altcoin Discussion
Re: The END of ICO's?
by
elodieg
on 27/10/2017, 22:27:29 UTC
I might sort of agree with it

As months ago ICO were selling like hotcakes where ICO would instantly hit hardcap within hours, minutes or even seconds.

Then too many ICO came out, if you ever take a look at Etherdelta. Most token were sold there before they were listed to exchange at under ICO price. Some even went -40~50% of its ICO price.

I wouldn't say ICO is not profitable, but ICO should be a long term investment instead of short term flipping.

Yes most of the icos are trying to get more money than they need plus they are still holding the majority of the tokens for the "development" which I find ridiculous, they should just sell 90% to the public and hold like 10%. This 10% should be frozen for like 5 years. If the project is successful they can sell them. Some of the projects are just taking the money from the ethereum and they are dumping their company tokens. This behaviour should not be accepted.


Absolutely!! People need to be far more careful about judging these companies harshly. There's very little regulation, we need to regulate outselves. The responsibility falls on the investors to only give money to honest companies, or else we create more bubbles.
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Topic
Board Altcoin Discussion
Re: All coins are now dying, what do you think?
by
elodieg
on 27/10/2017, 22:18:13 UTC
If all coins lose at the same time and their rate goes down, you do not need to panic. There is a volatility of the crypto currency, which sometimes occurs without any apparent reasons. However, even if there are objective reasons for a general fall in the exchange rate of coins, they will eventually pass after a while and the course of the crypto currency will be restored.

Volatility is awful if you let your emotions control you, but you can also surf it like the best of waves Wink
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Topic
Board Altcoin Discussion
Re: The END of ICO's?
by
elodieg
on 27/10/2017, 22:09:36 UTC
Legit ICO's like Confideal will live. Scam ICO's may die. Do anyone know what may be next in this situation?

Not familiar with Confideal, but I 100% agree with this statement. The shit ICO bubble is bursting.

I'm personally burnt out by ICOs and the most recent ones (over the past month or so) have tanked when they hit the exchanges.

ICOs are asking for WAY too much money and are valuing their tokens at much too high of a price, especially considering the supply of some.

Investors should stop throwing money into the 90% of shit out there.

I don't think ICOs will be dead but I do think that this bubble will remove the majority of trash out there.

I totally agree. And this will be a major benefit to the stable, well run ICO's that have been waiting to come out. We've been riding out the bubble so that we may emerge afterwards, which I think will ultimately be beneficial.
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Topic
Board Announcements (Altcoins)
Neureal AI -Predictive data analysis
by
elodieg
on 27/10/2017, 21:12:47 UTC
Hello! There is a new AI software, Neureal, that has been in development for 3 years. Getting ready for a token sale January 1st! We are the first (to my knowledge) decentralized protocol producing a distributed artificial intelligence architecture using blockchain technology. Иeureal’s system allows idle computing power to be commoditized and put to use analyzing big data and predicting the future, while rewarding miners’ for the accuracy of their predictions.
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Topic
Board Altcoin Discussion
Who is working on an ICO?
by
elodieg
on 27/10/2017, 07:23:56 UTC
Who here is working on an ICO/involved in a project that they believe in? What attracted you to your specific project/the crypto space in general?
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Topic
Board Altcoin Discussion
Re: What does an ICO need to be successful?
by
elodieg
on 27/10/2017, 05:01:40 UTC
Any ICO can look slick and do marketing well enough to create a buzz. You can make a buzz about a nonexistent company, with the right resources.. it's easy. But ICO's can and should become a long term investment, and if you intend on keeping the token for a while.. you need to choose an ICO that has a solid plan for the future, that is transparent and has a great team. An ICO needs everything any other company needs to be successful, it's not about the actual token sale. It's about the project's future
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Topic
Board Altcoin Discussion
Re: The END of ICO's?
by
elodieg
on 27/10/2017, 04:51:52 UTC
I think the opposite, I think ICO's are just finally becoming realistic, lasting investments. Scams can't survive, and legitimate companies who can actually produce a product have more of a chance since the market will become "cleaner" in a sense. I think the page is turning, but the story isn't over.
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Topic
Board Altcoin Discussion
Re: All coins are now dying, what do you think?
by
elodieg
on 26/10/2017, 23:33:24 UTC
Investing in anything always needs to be looked at in the long term, this is still a very new market hence the volatility. And ICO's are just pulling out of that frenzy where scams and such were so common. So sit back, wait, and invest in things that have a future as an actual long term enterprise. Keeping a clear head in the middle of all this turmoil is the key to coming out in 1, 5, 10 years ahead of everyone else. The market wont die, but the shady parts of it will and it will emerge stronger.