there is no point of having uncapped supply...
if everyone buys from ICO, then who will buy at exchange
They want to grab as much as they can, why they care about trading later. They got their fund in BTC or ETH, that's good enough, lol Exactly.... Theyve already been paid enough to retire with.... Who cares about what happens the tezos
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Bancor tanked on the exchanges. Status will tank when it hits the exchanges. So will this one. Hyped icos are NO BUENO
Facts would be nice. Bancor did not "tank" from the ICO price. ICO price for Bancor was .01 ETH. Currently Bancor (BNT) is priced a little over .01 ETH on Bittrex. It actually went as high as .049 ETH on the first day, when it hit exchanges. So in your alternative reality, yes it tanked. But in the true history of events, it only "tanked" because it shot up 5x over the original ICO price for a short period. I love how people like to spread mis-information based on what pleases their own beliefs the most. Typically these are people who enjoy losing money on crypto and have only had bad experience after bad experience, never learning their lessons. LOL. P.S. I've invested in several ICOs now, and I have not lost a penny in any of them. Yet, in all those ICO threads, people spread the same FUD. Kept saying it will crash at the exchange, that it's a scam, that it's never going to turn an investment profit. I've learned to drown out the noise, and the only reason I respond is to help others ignore the incessant bullshit. In fact, my worst ROI so far was 4x. P.P.S. The day ICOs start to lose money and become real scams is when the government gets involved and begins regulating them. That is the day I will stop investing. It went from $4 usd to below $3 usd. People like you don't know how to measure this vapor. The point is ico buyers were and still are in the red. Status will be much worse, all they did was take an old idea and make their name sound like stratis. Unbelievable the stupidity of todays ico buyers. The reason Stratis and Iota were such great returns is they didn't raise shit in their icos. Buying a hyped ico in the hundreds of millions is beyond retarded. MY opinoin is that u cant compare startis iota even eth to tezos they have big wals behinde thats the deal Goldmansachs MorganStanley etc So eth startis and iota are smal fishes on the pond compared to that just remind google facebook they wasent the first they copy paste olso the platform but waht is yet i think, that will be the BIG ONE just my Opinoin the history repeated it self Nice first post lol Congratulations.. Tezos must be proud to have you onboard
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is it advisable to wait for bitcoin to drop to $2000 before participating in the ico...The 20% bonus amount to around $500 per bitcoin
A better strategy would probably be hold btc until December when it will be $5k and then buy tezos then from an exchange if you really must....
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Bitmex is already allowing futures trading on XTZ/BTC trading
They are also stating "The Tezos platform is still under development. It is expected that Tezzie tokens will be available for trading in the secondary market by the expiry date of XTZZ17, 29 December 2017 12:00 UTC."
So they're expecting XTZ to be on exchanges by the end of the year
By that time the btc and Eth you paid to tezos will likely have doubled in price, making your tokens effectively cost double..... Will be interesting to see the rekt on this one
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And as long as it's not on a common exchange as Bittrex, I for one won't buy BTX.
What's wrong with crypto pia? One of the best support teams in the industry and smooth deposit withdrawals everytime in my experience I never had a problem with cryptopia, for me it's more reliable than poloniex, sure you won't trade big volumes but for small coins it's excellent, never seen a scam from them like the ones yobit is pulling regularly. What scams is YoBit pulling regularly?
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There is a flaw in the buying process, as there is only a text warning about the 0.1btc limit. I sent two payments: 0.04 and 0.1btc and only the second transaction got converted into Tezos. Does anyone know what will happen with the transaction below 0.1? I hope they will either send it back or convert it into Tezos if the wallet value is exceeding 0.1btc.
Summary 0.1400000 XBT -> 600.00 XTZ 0.0000 ETH -> 0.00 XTZ XBT TRANSACTIONS Transactions hashes 0.0400000 0.1000000
Did you read the instruction before sending your coins? Also contributed 0.044 BTC and when checking it says 0.0442542 XBT -> 0.00 XTZ No where it was stated clear 0.1 is the minimum, they even gave me a QR code for less. If they wont refund AND wont convert to Tezos then its proof this is a scam. Actually it would only be proof that you were too stupid to follow the rules Be thankful you didn't put in as much as other people here
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I contributed 28.70 ETH, this will be big as well as EOS.
That's gonna hurt if the eth are worth $800 by the time you get your tezos.....
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What btc block did the ico start on? The early 20% bonus will last over 2 days?! how the hell are investors supposed to make any profit with this shit? I'm calling half a billion total ico mkt cap, good fucking luck with that. I wonder how many buyers don't realize they won't see their coins for like 6 months? no big deal with a reasonable ico valuation, but you have to be nuts to buy this one.
Don't expect people high on FOMO to make rational decisions based on calculations or logic... This maybe the first billion dollar ico...
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I also think its price would be much lower than ico price because there is no cap.
Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol IMO the more they raise the biggest the FOMO People will start buying like crazy, price will go up ICO holders then will sell and price will drop, but ICO will get TONS of money Remember ICO holders are first in the Pyramid actually,the people who invested first are the real winners the founders and tim draper theyre getting this 10 billion immediately,draper got equity so hes not exactly in the same boat as token holders everyone investing now may struggle to break even if the amount raised is higher than the product can deliver we shall see ....
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I also think its price would be much lower than ico price because there is no cap.
Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol
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I was wondering,
in your opinion guys, what price TEZOS could hit when launched at exchanges?
What's your prediction?
Massive dump to 0.00001 BTC Why do you say so? He's right, they are going to raise too much money And the more they raise, the harder it will be for token holders To make a profit (uncapped ico is a danger sign)
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Well, Novograts is my current favorite billionaire bitcoin bull. He's an "outsider" who bought into bitcoin and other alts.
Tim DRaper is one of the first billionaires that helped put bitcoin on the map he bought the silk rd coins from the FBI another famous guy is patrick byrne ,the billionaire who owns overstock.com and richard brandson is another billionaire that deserves a mention for accepting bitcoin its its early days i had never even heard of novagratz until recently
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13,174 B 34,987 E
Hum Having so much capital for a young company it's not a good thing no ?
Very bad. Have no idea what to do with it. retire on a nice beach resort ? with this much money they wont even need to do any work ,except count it all........lol
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At this rate there is really zero point in investing.
i like a gamble as much as the next man but i think this one is ridiculously stacked and not in our favour also bear in mind ,your btc and eth are going to be worth way more in 4-5 months time when these tokens are ready so you can buy up the crash at a signifigant discount if you still want in (im not impressed by anything the project offers ,its all been done before and if they figure out anything new it will be easily replicated in other coins without a 10 billion dollart premium ) also ,the husband and wife founder are very rude and sarcastic to people asking questions on their slack channel .....
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It isn't hard to guess that around $ 200 million is on its way before the campaign reaching to its finish line. We will see all these people whining then again saying the different things. Tezos was being discussed for long time and FOMO is playing it's role powerfully in the ICO.
i havent done the calculations myself but someone earlier has counted that this project needs a $10 BILLION dollar valuation before the token holders can break even ,based on current btc /eth price let that sink in for a minute ,10 Billion ......... when these tokens go on exchanges in 4-5 months i guess you will be able to pick them cheaper ,all the FOMO and hype will have died down and people will see it for what it is
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So from ico it seems 1tz is 40cent usd with bonus! Wtf for a 10bil token? Am i wrong? Yes, that is about accurate...I mentioned earlier in the day that based on current BTC prices (which have since dropped a tad I believe), the initial public offering was about $.40-$.50 per coin It seems kind of odd that the main tezos.com page is stuck at: 2860 BTC 2036 ETH Being invested this far. I think the clock is counting down, but the number of BTC or ETH invested has not gone up in the last 15-20 mins Everyone has realized Tezos is a pretty stupid idea and that the ICO will be over inflated. its already overinflated lol
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This will be the most epic crash in history lol Buy it on the exchanges for a fraction of this price in 6 months When people found out they bought hype and run for the exits...
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does this coin ever have a chance to get into a decent exchange?
Yes, i think it could
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Sorry in advance if this is a dumb question, but where are we supposed to wallet the coins that we purchase during the ICO period?
I definitely want to get in on this one, just not sure how much I want to allocate towards it. What amount of BTC or ETH do you guys plan on putting towards it?
I'll be investing exactly zero.... Overhyped for months lol No thx!
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I think it has some room to fall before any big booms. Bitcoin has risen really far really fast, and it's going to face resistance. It's currently overvalued and needs to correct and calm down for a bit before it can continue growing.
Vinny, is that you?
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