Well, SALT has a bright future if it can be implemented in regions like Southeast Asia where the percentage of unbanked population is staggering... Even though there are companies which are trying to put financial products like credit cards and cash cards closer to population like http://www.umayplus.com/cashcard/, there's still a long way to go. That company is in Thailand, but am pretty sure that there are similar alternatives in other countries of the region. I believe in SALT and think it is a promising project, and I was pretty happy when I woke up this morning and saw this: https://www.facebook.com/SALTLENDING/photos/a.304625613286394.1073741829.211253932623563/407050103043944/
as it seems they are moving towards real-world integration pretty well, so if they gain terrains in regions like Southeast Asia, then things will get even better. It is a long-term hold, and I'm glad I had the chance to buy under ICO price  . I will simply hold it and forget about it, because it has a real-world use, the team is pretty good and yeah if they do things correctly then the project will succeed. Did you even read the whitepaper? Do you even understand why this technology is being used and for what goals? How the eff does unbanked population of any region comes under the scope of what Salt is doing? Salt needs 125% collateral in crypto currency, before they will even give you loan. And please go and ask on their telegram channel - what happens if the value of crypto goes down during loan period, they will simply state that your collateral will be liquidated. And please you will never be able to buy it under ICO price, the ICO tiers started from 0.25$, redistributed among devs and insiders most probably. |
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I would personally drop SALT, COSS, and GOLEM, and perhaps SC. WTC price looks really good right now, would be very healthy profit to sell that, too. If you are looking for other coins to pick up I would look into GameCredits, just announced a monumental partnership and price hardly budged. Either that or MGO, if you see more earning potential in MGO, that is.
Same sentiments. Golem is not rising anytime soon, minor fluctuations and thats it. Coss and SC will follow there usual cycle. Salt you should get rid of in next pump, while you still can, shady ICO, almost 90% of coins are sold/retained by devs/insiders. |
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Hmm... didn't see this one coming. There are better options out there for lending platforms. So far, I have heard a lot of negative things about Salt.
Could you elaborate please? I've been looking at this for a while also...seems to have good real world applications. I almost bought it a few weeks ago but luckily I didn't. But it seems to have found its level now and should rise? Or am I missing something? I guess lot of people are not happy with the way the membership structure is. Claiming it's a scam. Check out this link for more info: https://publication.widmerdun.com/where-salt-lending-got-it-so-wrong-7b7b71e5590dEven listing on Bittrex is not able to help out Salt. Don't throw money on shitcoins like this, they have created shill accounts everywhere on telegram, liqui and BTC to promote this coin. And even then price is dropping consistently. |
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Civic is only a cool app as of now. It's real world uses are still rudimentary at best, and after the kyc process in some ICO's, it has less importance.
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Looks like it's dropping now. Went from around 350 to around 310 in a few days. With more and more competitors like Waves and NEO coming through, I don't see ETH staying above 300 for very long
It could go lower in the short term as most coins are dropping in price now. But the price will go up in the long term. Currently it's fluctuating between 300-400. It needs to break 400 again, to shoot up. Might be next year, this year alone it did 40x. |
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Whenever BTC goes up, alts go down. Whenever BTC goes down alts go down. The only time alts go up, is when BTC is stable. Market is too much tied up with BTC. I was hoping that if ethereum overtakes BTC, we might see more stable alts.
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Hi Dev,
Any update on ICO date? It's still showing as Q4, 2017. Till when we are supposed to do bounty campaign? Without any final date, it's better to pause this campaign.
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This is a great buying opportunity for waves and eth both. Though get more waves, as price is too low. It is expected to reach $10 by end of the year.
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oh man, it can't be that bad
just wait a few weeks, BTC will dip back down, capital will flow from BTC back into alt coins...
little time heals all
Well actually the alt market has been dropping vs bitcoin for 4-5 months look at the top 20 coins and zoom out Well you bought at a bad time, we have all made that mistake once but do not try to correct one mistake with another buying bitcoin with your alts, that is going to be a bad idea, you are going to lose money and then there is no guarantee that bitcoin goes higher, I know it can be hard watching another coin pumping but you have no other choice but to hold even for years if necessary until you recover your losses. We all bought them on their hype and pump times, that's why we're hating them now. We better analyze the price graphs and market momentum to determine wheter or not it's a buy time for altcoins. Next time at least. Yeah, the more pumped the coin was, the lower it dumps, good alts seldom go below 20-30%. Just hold it through this BTC bull run, i'm sure they all will bounce back. |
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Sold this coin, when had the chance. It's like a quarter of it's value now. And after Deep onion's marketing success, msyterium doesn't look that valuable, what it used to be.
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As see by the voting percentage. Waves here is the clear winner. Time of the waves is about to come soon.
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Yeah after the fork the next bullrun of alts will start in my opinion
That's a definite yes. But ripple will unlikely be part of it. After it's biggest bull runs this year, I don't think there is any steam left for a long long time. |
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When pre-sale investors (bought at $0.25~$1.5) withdraw and sell, maybe huge dump!  Interesting info. That works out to $0.94 average price. Without the first 2 tiers, the average price would be $2.66, still way below current price at EtherDelta. Edit: And in case you guys refer to the market depth of SALT to justify not selling, be informed that those who are sincerely out to sell will not quote anything in the order book, thus giving the false impression selling orders are thin. Wow if I had known this I would have never applied after the ICO. The price I payed Is just huge compared to the pre-icos. This explains why the current price is just dumping compared to my tier. I hope this wille eventually rise, although with that number of coins I seriously doubt it. Must have been one of my worst investments so far. I hope the price on the exchanges will eventually rise to the 25$ the token is now selling at salt lending. Hey, guys, you are all missing the obvious; THERE ARE NO SALES AT $25.00!!!  Look at the prices and VOLUMES offered for sale; the pre-ICO rounds were MILLIONS of Tokens sold (to family/friends/investors or given to the Devs in exchange for time & effort) but once the POSTED price reached $10 there were only 25,000 per tier SUPPOSEDLY SOLD. Ah, WAKE UP! This is a very common Pump 'n' Dump TRICK! The insiders buy in low, promote it at much higher prices, so they can cash in on all the suckers who believe the artificially high price (and buy at the bargain price of only $6.50 expecting to make a killing).  I bet NONE of the 25,000 per tier between $10 and $25 have actually been sold (fake stats to fool you). Think about it, who would buy them at that price when they can see them on the exchange for around $6?!? Either that or they used YOUR money (from Token Sales) to buy them to artificially increase the price. I suspect that is what they have done, the real irony of this method is it's like when you 'SALT THE MINE!' (Plant something of value (salt) into the deal (the depleted salt mine you're selling) to increase the sale price). If this isn't a scam I'll eat my hat, without salt. Good luck if you think you can make a fast buck selling to the next sucker but remember, you will need to find a sucker even dumber than you!  Looks like you almost got it right. One more thing i would like to add - Before $1.50 tier, you were only able to buy through Bitcoin and not ether. So no public verification through etherscan for 91% of discounted token sell. |
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This need to be accountable to SEC is keeping this coin from exchanges like Bittrex and Poloniex. No exchange will take the risk of listing a coin, which gives out fiat loan and disrupts traditional industry.
You can't have it both ways. If all rules, laws, guidelines followed then they can't actively work on being added to exchanges as their position must be that they are only a membership. This on itself will not prevent exchanges for adding them, just the opposite, as all this positioning and rules are for not being labeled a security, the one thing that would truly stop an exchange to add them. The real problem however is exchanges became freaking prima donnas. It's becaming increasingly difficult to be added to an exchange and most of the times takes a fair amount of money, connections and an active work from the project developers. So no, SALT won't be in dozens of exchanges, but I'm sure it will be added to some (more) significant ones in time. As far as from serving only US costumers at the beginning while accepting money all around, well I totally agree with you. Altough there might be one additional insentive to hold, they said to introduce a staking opportunity soon. (when you get reward based on the amount of coin/token you hold) If staking is going to be introduced, then this will be a good hodl. As for adding to the exchanges part, Bittrex/polo etc needs intervention from team. And I do not think Salt team is going to pursue them looking at current scenario. |
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Complaining about how the team were allowed to buy at a low price is very funny when in contrast most projects just allocates a good portion of the supply to give out to the team for "free". Not to mention various advisors, partners, exchanges, etc that most of the times also get free coins. Yet, here they paid for it.(Also 50% of the tokens bought by the team is vested for a year.)
Did SALT ICO not reserved any supply to the team? If so, maybe that's a good justification that insiders are getting it for 0.25. But if the ICO already reserved a portion to the team, and yet another portion (who knows if the insiders never even need to pay for it) was made available for them as well at 0.25, then I say such deal is just way too sweet in comparison to many other ICOs. I don't think so. At least it wasn't in their abstract or in any of their statements, it's always only two items. The amount(s) sold and the amounts left in reserved to be available for sale the public after the platform launched. From what I seen so far they are super paranoid about keeping it legal and above board, I would be shocked to learn that they omited this. A lot of the delays, feet dragging, overly cautious approach been obviously been because they are constantly consulting with lawyers about things, looks like they are very aware that sooner or later they will need to be accountable for SEC and who knows that else as an US company. One of those things that they were very adamant about it from the beginning that it's not an ICO but a discounted membership sale and how the token is for to be used for paying for membership and other services and not for speculation or trading. It's bullshit of course as I don't think they allowed people to buy hundreds of thousands of tokens and when like "Oh, that guy must want to make sure that he has yearly fees covered until the year 202,017, smart!", but they still went through this and several other dances. I'm not saying this whole sale were flawless, (as a matter of fact I caught them winging it more than a few times, although it were probably not that obvious for someone who haven't themselves been part of a crowdsale before and know what to look for) they made several mistakes and I agree that the too great difference between tiers were one of them. It's just that I don't expect it to matter much in the long run. There were a good amount of ICOs that made greater return than it would be from $0.25 to even $20 (not to mention in reallity it's more like $0.4, as the bitcoin price at the time of the 0.25-0.75-1.5 tiers were around $2500) and nobody cares a few months after the fact. Most of those tokens seem to be in more steady hands than the avarage ICO flippers and on the long run for a token that has actually utility, expecially for a platform this close of being launched, the price will be determined by demand (and hype as this is still crypto). We'll see this is pure speculation on my part, you never know with these projects. This need to be accountable to SEC is keeping this coin from exchanges like Bittrex and Poloniex. No exchange will take the risk of listing a coin, which gives out fiat loan and disrupts traditional industry. The other thing is, as of now this coin will only benefit US customers. What about rest of the world, who invested in this, for the purpose of using this coin and not just for quick flip. They say they are planning to introduce it, outside US in near future. But they do not have any time frame. My point being, you take money from all over the world, and giving services to only US customers. What incentive do we have to hold the tokens, if we are not going to use it? |
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Looking forward to the airdrop.
Here's the key - LBxc1cqUk6xp1l50vsNXnK96HqA9
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DId someone look at the 1st tier at which Salt was sold at? Its was 25 cents, yes correct, you read it right - 25cents. Some people were even kicked out from the official telegram chat to point out that it was cheaper to buy salt from etherdelta exchange than the official website!
Once they have your money, you don't deserve their respect. Then the investors become expendable for them. I have myself witnessed several newbies joining their telegram, who were unaware of the rules, were kicked out as soon as they ask anything about the price or trading on exchanges. It's better to find similar projects, where your opinions and questions are valued. Look at Elix, had a 300% rise since last week. No ICO BS, it was airdropped. |
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I see that the token sale is delayed, and without any exact date there is no point to continue the bounty. It's better to pause until further notice. Can anyone from team update on this, how the bounties will be affected?
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Salt price on exchange will soon be at 25 usd like salt dashboard.
It's highly unlikely given 91.44% were sold at or below 1.50$. |
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