Bitcoin Forum

What do you guys think?

Price is quite low at $5.14

Why do think it's low? Low compared to what?
I'm interested myself but have my doubts as it gained significantly but is looking like a pump and dump.
Only on Etherdelta so far - when will it get on to large exchanges??

Ripple is the biggest rival.  It will be super if it goes into working condition soon.

It is on Binance for couple of days already, a top 10 exchange

Thanks, will take a look.
Still unsure of it at the price as it pumped after the ico and is now correcting.
It does have real world applications, no doubt but think it might be expensive right now.

What ever altcoin with price below ico is good to buy. Especially if the team is really working on it. Like sonm and other. Bit if the ico developer did not continuesly give the news about their work i will mark with my red pen. I see salt $10 in ico right ? If it is $5 worth you could buy it. As long as ethe did not down it will not go down further. People need salt to lend their.

I think it is a very undervalued asset considering it allows people to hold on to their crypto and not have to cash out if they want some quick assets. I think this is going to be one of the most sought after tokens in the crypto game.

I think Salt is a good one to get into, I will be getting more next week.

Near $5 seems a great price to get some and hold long-term. Will add more if it goes lower.

Salt is a good  coin listed in Binance, i will wait for retrace at least $3 to buy

When I saw it months ago I thought it was over hyped crap however I recently looked over the WP/groups and got in semi heavy at just over $5.

What I took away was that in order to use the service you will have to own at least a few SALT to have access to the lending platform. There are different tiers based on how much you want to borrow (Up to a Mil?). I believe those tokens are burned when you purchase access to the lending platform. So it appears there will always be a demand for this token as long as people want to borrow against their crypto.

Additionally according to the forums you can use SALT to pay down your interest rate which Im assuming are like points on mortgage. Product is due Nov 1st, Erik Voorhees is on this one with Shapeshift and Exodus tied in somehow as well. From the telegram it appears that lot of none crypto capital is pouring in l and its legit in the States..

This project looks very good and should be big. This price dip may not last long.

Awesome! Thanks for your replies ;D Totally agree that this is a long term hold and we might see $10 if a product comes out soon

My guess it is very high for now. Need to wait some for stabile price. But project is really good.

Only listed on Liqui, Binance and Etherdelta right now.

Once listed on a bigger exchange like bittrex or poloniex i think the price could definitely go up from there. I mean the coin is still early and people don't know about it yet, if marketing catches up then price could go 0.0025+ BTC quite easily.

Is it worth it completely depends on whether SALT is a good fit for your portfolio or not.

if trex or polo added this up for sure value will increase and investors will ride with this project, i'm looking for a great potentials like what happen with
neo its still been looked by the whales and if they start to play with this project then for sure easy doubled to its current value will be possible, ED, Binance and liqui is still enjoying trading this inside their exchange.

Bittrex and polo should bring the more volume in the salt token, as you can see there are some exchange already traded the salt token but there is no one that already included in the major exchange site.
Bittrex or polo pump is real.

Agreed. Bittrex also seems to pump coins. Plus I believe SALT is a really undervalued and has alot of potential

how is it low when you could bought salt couple of months ago in pre-ICO for 0.25$ ?

In my opinion, I think that salt is a good coin to invest in with  lots of potential. The idea behind the project is so unque since it involves loans made on blockchain and a lot of projects if not none had not yet applied this idea before.

The other interestng thing is that the project had a total supply of 120 000 000 coin but only 36 000 000 is circulating, which might result in price increase within a few months/years. I think this type of investment will be most suitable for short term investments.

Is this information correct? Can someone confirm what was the price during the pre ICO and during ICO?
I also bought some because I like the roadmap and the team, but I didn't look at the ICO price. I really doubt it was 0.25 USD. Someone said 10 USD, so what was it?

Okay, the whole idea of SALT is that one buys membership, stores btc and lends some fiat, right? And then there's a term to pay it back. BTC held is like a guarantee that you'll pay back, or otherwise you can lose it, right? As it is built on smart contract, I guess it's really nice and a lot better than the usual pawnshops. The dev team seems to be quite fair as well. Yet, as for the price, I guess you should wait more. I believe it will fall once again, because the coin's really new and needs time to stabilize. I think you should go for it, just not now.

it is all there in the official SALT topic:
https://bitcointalk.org/index.php?topic=2051305.0

Previously in the pre-sale approximately 10 million SALT were sold at $1:50.  Early adopters who assisted with the build out of the concept were also able to purchase earlier in the year approximately 35 million SALT at $0.25 and 5 million SALT at $0.75.

Regrets... Pricing crashing now must be the whales again >:(

Salt Team price 25-75 cents

Private sale price $1.50

ICO price started at $3 and tiered to $12

Retail Price went as high as $25

I believe team tokens are locked. Private sale investors just dumped.

Sadly but I hope prices will rise soon especially if BTC rises.

SALT price has come down to $4. Circulating supply is now over 54 million. Not sure if all the sold
tokens in ICO are now in circulation. Bought some more at this price.

I went in again as well. In SALTs AMA on Reddit they state they plan to buyback tokens if it falls below membership price? Not sure exactly what that is or means but it will be very reassuring to see them act on it.

Price still bouncing around $4. Early to say but should be the bottom if it goes up
towards $5 from here. Hoping this weekend marks the bottom.

I don't trust low trading volume prices. We should wait for stabile price.

It definitely does seem undervalued at the moment. I would not be surprised if in a month or two it spikes but that is just what I think will happen with a platform such as this. Lest we forget the team is great, and they are

abiding by all regulations in the USA. In my opinion, if you can get USA investors your already a step in the right direction. I guess we will see in a few weeks time what happens to the price point as it stabilizes.

Can you tell me about what you mean about the low volume prices? https://coinmarketcap.com/currencies/salt/ The 24 hours trade volume is awesome that means a lot of people are buying it right now. So just waiting for your answer about that  ::)

On the contrary, I still consider it very high for SALT. Cryptocurrency lending projects are getting competitive these days. Projects in line with this are now being launched one after the other. NIMFAMONEY is one of them, right? Their ICO even is not that great. So, I don't think it will become higher in value soon.

I bought some salt a couple of months ago when it was below $3 ... it’s catching a nice bid lately. 

SALT lending platform will launch in next 2-3 months so price should rise into
that news. The retail price of these tokens on SALT website will be $25 so it
has room to rise.

It's $$6.xx now. There was one time where if drops below $3/4, if you don't panic and hold based on the time you posted your thread, regardless if it's satoshi value went down. You would have earn 10-20% right now if you sell it off :)

Am I thinking this right?

If you want to get loan, you have to buy Salt coin. I would assume that if coin is valued somewhere about 100$, it may affect to the popularity of loan takers.

Total supply is 120million coins and circulating supply is 51million coins.
If Salt starts to gain higher price, they just have to release some coins and price automatically goes down? So basicly is there any way that this coin can be example $100 dollars or do they intentionally want to keep price at lower point?

Sorry for my English and hope you get my point.

Some people picked this up quite cheap @ $1.50 in the initial sale but its still around final tier crowd sale price at present $7.50 ~


Why the comparison to Ripple (XRP) and not other P2P lending platforms?

Like the business model, might become very relevant if we continue rising this market cap to the trillions soon...

What are competitors to look at to better evaluate the market place?

This is about lending market which is very hot trend currently.
And SALT have it separate market for SALT membership can buy things at affortable price.
Such as they are planing to sell Ledger Nano S cost 5 SALT (certainly only for member who pay 100 SALT membership fee)
That's reall fuck good deal now.
We still have 2 which remain in Dec, let's wait and see what's going on with SALT once they announce their main platform.

What's going on with the price of SALT? It's on the top exchanges so I was thinking it should be headed towards that $25 per coin. Instead it's going the opposite direction.

Looks like the price is still doing good over the time. I rebought a little bit of SALT in the last couple of days because I think this project is not done yet and the price will start to climb again.

Right now, SALT seems like a golden opportunity. As on the platform, loans can be re-paid in SALT at the retail price of $27.50, much above the current market price. This difference won’t last forever, it'll eventually settle off.

SALT got great future and Salt can revolution  the lending industry in big way with erc20 token Salt is possed for big step entering into local lending companies with full fledge solution

I agree with you, salt have a good potential and we still didn't see the real price movement yet. :)

Reasons why SALT must moon from here on.

1. Huge news at 16th January at Bitcoin Conference
2. 7400% At HIGH
3. 12h, 6h, 4h all diverging bullish
4. Hit double Bottom at 4 times at support level!
5. Strong support at 600 Sats.
6. Twitter evangelist are hyping up this coin
7. Severely undervalued!
8. Fundamentals are sick!
9.  A working product
10. Bitcoin going to the moon tommorrow!

why binance delist and Shawn leave ?  ??? this smell fish

SALT might be a handy for the short term I think. At present it available  at very cheap rates so can be bought and as market is rising might be it can also rise a bit and can be made short term profit from this coin. Little skeptical considering the long term prospect of this.

Of course, I can also be skeptical of all statements regarding cryptocurrency, but nevertheless, if certain projects have their own coins, then their value will once stabilize and stall at one point. This is what will make it impossible to receive income from the price difference. It seems to me that today there is still a time when this kind of activity brings good profit.

The current scenario of SALT is critical because price will be moving to backward in past one year, so It is impossible to earn profit in short term because we will never the big jump in this coin. Most of the altcoins still continue the same level so it will be going to forward or backward at anytime. I prefer it is not a worth in current traffic.