Looks like the majority of the altcoin prices are all down now as people are trading their altcoins for more bitcoin in preparation for the upcoming fork so they can maximize the amount of bitcoincash they can get on Aug 1st.
I think recent price drop is due to lack of development. Look Solarcoin github. There is no activity within last 6 month.
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The DAO tokens are now recognized as securities by SEC. This means the era of token is passing by. Now the era of coins return.
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It seems price will recover, but very slowly. May be SONM is getting rid from weak hands. Bounty hunters and those who had bonus SONM , have dumped the coins, already. SONM is slow. But If it really works on the promise, it is worth waiting. IMO team should recruit more efficient devs and should bring significant change in customer support. I have some tokens and hope Price will go up.
+1, I totally agree. This is looking more promising now - with the project and the token price. i see they are working on QQ group and webchat .i think that is good . more chinese people know this project is good The devs are working. The communication is getting better. Bounties are already dumped. The weak hands are gone. The price is still under the half of ICO price. What else do you need to buy?
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Prices moving up.Sonm is one of the most promising project of this year.Its price will go much higher in next year.
The price moves up a little bit and the project suddenly becomes Promising? It is nothing more than a pump. Yes, you're right. However isn't it impressive SONM recover 2k sat without any NEWs? It's a Russian group doing it. They will dump in 2 hours. You guys are just... dumb. The project was always promising. Idiots jumped into ico wanting 5X insta profit. Then the ico had issues, along with massive dumpers from those who failed to get 5X and ico hop. It never went to trex, so more dumped along with tons of fud. Without much buy support, 1500 sats was were it was destined to go for those bounty dumpers. When it wouldn't go lower. It got bought up, simple. Now is pump time. Moon --- here we come! You can say that again. We are in crypto world. Pump and dump are both sides of coin.
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Prices moving up.Sonm is one of the most promising project of this year.Its price will go much higher in next year.
The price moves up a little bit and the project suddenly becomes Promising? It is nothing more than a pump. Yes, you're right. However isn't it impressive SONM recover 2k sat without any NEWs?
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Hello sir, why i don't have any stake for last week?? i'm in line #23 i can't see any remarks too!!
Those who didn't completed the minimum required posts yet, I gave them a little time since there's still a few hours to catch up. And you're one of them. I'm checking everything now since the deadline is already up. I put on personal text on 23th July. plz update sheeet.
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I am now believing I choose wisely when I decided to continue buying this coin, I now have a bag 5X bigger than my ico buy-in. With bounty added, I have a buy-in price of ~2,200 Sat's...
That puts me very very close at being at profit!!
Are you the man who bought at 2200? Wow Is there any inside information that makes you buy? or by just instinct? I just wonder.
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Maybe the devs are going somethimg that we don't know now. They might bring us some cool stuffs soon.
However Soon™ usually takes more time than we expected.
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I have a strange feeling that SNM will suddenly rise and surprise us.
So do I. Look BAT and SNT. SONM also has same potential.
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I have a couple answers from the dev team that people were waiting on.
"Was the sonm that was returned for refund from the pre-ico investors destroyed?"
From the dev team
"No the 3,575,400 SNM tokens, that was given us back by presale investors, are now owned by SONM" "1 475,27 eth was returned for 3,575,400 SNM"
"How many developers are on the team?"
From the dev team
"8 devs now and active headhunting process" "hiring the best we can"
If we missed anyone's questions please feel free to PM us.
Do they have any plan to burn the refunded? Theoretically those tokens were not issued when they returned. In many case of ICO, unissued tokens are likely to burn after ICO. Either that or it can be redistributed among the other ICO holders. I dont know how easy it is to burn an ERC20 token. Wont be surprised if its not possible at all. Burning just means sending it to an address that isn't likely to generate a private key for. All 0x000000000000000 or something would be one. Yes, It's common rule.
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I have a couple answers from the dev team that people were waiting on.
"Was the sonm that was returned for refund from the pre-ico investors destroyed?"
From the dev team
"No the 3,575,400 SNM tokens, that was given us back by presale investors, are now owned by SONM" "1 475,27 eth was returned for 3,575,400 SNM"
"How many developers are on the team?"
From the dev team
"8 devs now and active headhunting process" "hiring the best we can"
If we missed anyone's questions please feel free to PM us.
Do they have any plan to burn the refunded? Theoretically those tokens were not issued when they returned. In many case of ICO, unissued tokens are likely to burn after ICO.
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Dev team say weekly report and i want know timeline they are announced?
There are weekly updates. There is no set day if that is what your asking. If you visit the forums here , or the blog here https://blog.sonm.io/ and the twitter here https://twitter.com/SONMdevelopment you will see that at no point did a week pass without an update. Sometimes updates are small. Like the bounties when out this week. Or there is a q/a this week. The issue is the public wants a state of the company address every week. That isn't what is happening here. I will pass it a long that you all want more informational updates. Have Pre-ICO refund tokens burned? Please let me know.
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The devs should explain what is the main obstacle to large exchanges like Bittrex. Why it takes time till fall?
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I was in the signature sheet with 'update personal text' remark. So, I updated my text up-to-date accordingly.
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I think it's going to be a challenge being able to list this token on Bittrex unless it's clarified to them that what it's paid regularly is not "dividens" but something else.
If it is too complicated I do not think bittrex should still many other options Kraken may be one of them yeah i think bittrex can not accept snm coin because i think this coin not good for price snm coin very bad and under ico price The main problem is bittrex dont like tokens that distribute dividends to the token holder Same thing on some tokens like ICN. This is what I exactly mentioned couple of days ago. I want to know how the devs solve this problem.
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Will token have any functionalities in the system?
Most fees will be paid in NTRY however, if fees are paid with any other token/currency (€,$,etc.) these fees will be credited directly to an external auction contract. The auction contract will sell the fees for NTRY. Simply stated, any fee collected outside of NTRY tokens will be used to purchase an equivalent amount of NTRY on the market and then moved in to a permanent address. Meaning, there will be a constant and forever demand for NTRY tokens by this external auction contract. regards, saso Good! very clear mechanism.
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There are positive activities on Github. I hope to see BETA soon.
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The way they are resolved is people were asked to email the bonus issues in. Support then reviewed the claims. They awarded bonuses to valid claims. They gave detailed explanations to people who were incorrectly claiming they were owed a bonus.
Are all the bonus issues resolved? No and they will like persist for a very long time as some people have still yet to submit their first email about a missing bonus.
Example: Someone reads this post today. They say hey I wonder if I am owed a bonus still? I should look into that as I haven't done so yet. They send an email and low and behold they are owed a bonus. Sonm issues that bonus. This could go on for years. Other coins have has distribution issues that they had to correct that people waited over a year to finally ask for their coins.
The only way you can truly stop all the bonus issues is by putting a deadline date to submit inquires. I don't believe that is planned.
The lack of information causes FUD. When I read financial report from LISK, I was so impressed. That makes me have good feeling toward LISK. ex) https://blog.lisk.io/financial-report-2016-7e68cdd13b12Why don't you issuing end ICO report in detail? We don't know how many tokens are circulating yet.Wow, there is circulating amount at Coinmarketcap!! 331,360,000 SNM UPDATED!!
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I find it difficult to understand why SONM team is stalling the development of this project, to me it seems they are still wallowing in their ICO success and find it difficult to meet expectation. The price is now 60% below the ICO price and the team is not looking at any solution to turn things around
it could be possible they are taking english lesson with the ico money , who know ... I can hardly understand what the Sergey said in video. The video should be like this from AMD. https://www.youtube.com/watch?v=J3pJ_--nf5EHey team! You are 40 million project! i suggest to invite stars like Brad Pitt, Scarlet Johansson. Also i want to see tons of gunfire and visual effects. Success will be ensured and price will rise up to 100k yes the devs need to get some barely clothed hot chicks in their videos and do youtube prank videos [in da hood]! That will surely get the right community in here! Just whoever can speak more loudly and clearly will be good.
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