Quote from: helloeverybody on June 30, 2016, 06:40:48 AM

What was the ico price for this coin? Its right down at 1000 right now. If it drops to 500 i might buy some. Looks like no icos are doing very well lately. At least i can buy in at the bottom with this one. Also is there any news of this coin going to poloniex? someone mentioned in another thred that it was already trading their but that doesnt appear to be true.

All ICO's follow the same pattern: ask money for a coin nobody has heard of, make lots of promises how great it is and how much greater it will be, and then release the coin without proper plan, nothing to show for other then some blurry timeline without details, and nothing that can prove anything promised.

At this stage the only people interested are the ones that bought into the ICO. Outside this select group there is no buy support. And this group holds all the coins. So guess what happens .... price drops since practically the only ones buying, are the ones already holding coins, plus some people who buy some casue they buy a load of ALL coins, just in case....

Unless this coin is going somewhere and gets some real life prove of existence, nobody/no buy support will be interested.

MegaMike

Posts

Merits