That page looks more like a pishing site. The token sale was at https://wax.io/As I said, probably not smoothest one out there, but eventually they got listed and traded. Not a huge profit, but it is above ICO price.
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I am seeing so many new people here that I thought I would make a post about the basics. Surely many people know this, but others donīt:
If you are considering an ICO, you like the team, advisors, roadmap, idea, etc... There is a number you have to make.
Look a the total number of tokens. Look and estimate the average price of the tokens in the sale. Multiply those. That is the "marketcap" of those tokens.
If that number does not make sense to you, run away.
Example: Startup X sells 1 Million tokens at 1 dollar each. They keep 3 million tokens. This startup is saying that their tokens have 4 million dollars of value total. Can be reasonable, although they are keeping too many tokens, so the value is unlikely to go up unless very good things happen.
Example: Startup Y sells 1 Million tokens at 1 dollar each. They keep half million. They are valuing the tokens at 1,5 million total and only keeping half a million. Much better.
Example: Startup Z sells 4 Million tokens at 1 dollar each. They keep 100 million. They are valuing the tokens at 104 million total and keeping most of it. It is nearly impossible for that token to be worth what you paid for it.
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I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap. But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens heīs set is 2 BILLION ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Frankly, nowadays you have to read carefully even when looking for bounty out there ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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There is a huge market here for an alternative to etherdelta.
I do not understand what you mean , You mean there is other services like Etherdelta ? , If so then please give me couple of them . There are some projects of decentralised exchanges, like Radar Relay, etc.. the problem is they donīt have much volume yet. The future is to have many more. I donīt think ED is particularly buggy, but the Ethereum network is very temperamental.
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Just wondering if ETH can
Most surely it can reach the same market cap and will IMO go even higher than that. Frankly, the ethereum network has lost of projects being built on it while BTC is sleeping placidly.
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I am in favour of marketing campaigns, but I am not in favour of harassing people at every corner. It seems that the marketers have become quite wild. Could decentralisation help with this?
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My way is the VC, so I look through tens of business plans, teams CVs and competitive analysis and chose one good investment to stay in for a month or two. It works for me due to my time availability and experience. Others do trade.
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What happened? Waoh https://ethgasstation.info/We still have pending transactions there, however the gas price is just 1 GWEI For standard? Did the network just improved or what so ever? haha The ethereum network is quite temperamental. If you happen to be in the run with a massive ICO just forget about moving your stuff for a decent fee and the opposite is also true, there are valleys in transactions so yes, it could be the case. Just check ethgasstation.
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I am getting quotes for my token to develope but not sure what the normal price range is for a standard token and smart contract?
What would you say if I ask you the price to make an App? It depends on what you want and it depends on what degree of trust are you going to put into it. If you need just something very simple, there is a project called Simple Token that may suit your needs. Also, some other developments are out there to generate tokens out of the box with just point and click. Just research a bit and youīll find them.
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I am asking because I donīt know if I am blinded by a flashy light, but I donīt see anything wrong with this ICO and I do see things I like. Is anyone familiar with it?
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As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0. I want your insights about this volatility of bitcoin.
The volatility is due to an insufficient adoption for real use cases and an abundant supply of people that are still on the idea that you just buy bitcoin and become rich. If bitcoin does not work in real life uses it will keep being like this.
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How is this a scam? They are offering a certain number of coins for work to be done. The exchange rate of these coins is publicly available information.
Read the thread ,he plays with numbers making people think his tokens are worth something which they're not ...and never will be ! You know how this board works ,most don't read half of the posts .Of course ,there's gonna be naive people who will say yes ...only to realize once they've done the job (which isn't an easy one) that they got screwed . That's kinda like all those airdrop forms who ask for private keys .No one is forcing you to give it but there is always gonna be people who will give it anyway. So yes ,I call it a scam . It says... 5427 SXAS per qualifying translation And in the WP it says that theyīll be selling the tokens for 1 euro each. Am I missing something? I would say that the price is decent even if the tokens were worth 10 cents each. What are your numbers?
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How is this a scam? They are offering a certain number of coins for work to be done. The exchange rate of these coins is publicly available information.
Read the thread ,he plays with numbers making people think his tokens are worth something which they're not ...and never will be ! You know how this board works ,most don't read half of the posts .Of course ,there's gonna be naive people who will say yes ...only to realize once they've done the job (which isn't an easy one) that they got screwed . That's kinda like all those airdrop forms who ask for private keys .No one is forcing you to give it but there is always gonna be people who will give it anyway. So yes ,I call it a scam . The ICO price of the tokens is in the WP and does not match you numbers at all. The translation is a really hard work, but does not seem a scam.
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Go for radar relay, they are using 0x protocol, and has a nice UI. UX stills needs a little improving, but they are working with big players and soon will became big.
I love the concept of Radar Relay and the underlying thecnology, but you cannot just launch an exchange and hope it is going to pickup speed without a least some initial push and market making.
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I think that Ziliqa has rised many eyebrows and could potentially be a major actor and a coin to hodl for at least one year. Risky but with lots of potential due to its technical excellence.
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I think it's necessary to have a more standard ico, and now there's a lot of ico that's a scam, it's a way to love you, and I think it's great.
There is a general lack of accountability on ICOs and that is very damaging for innovation and for companies that are legit and have to do all short of efforts to comply with international legislations.
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Any signature campaign I can join to promote your project? I am currently in goNetwork, which I like a lot, but I have read your web page and I think it has plenty of future!
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For what I read in this forum and for what I see in the markets, I am wondering how many people know the very basics of markets and the very basics of what is just not a good idea when buying and selling. Be honest, do you know at least.... What is a support, what is a resistance, what is a Market Order and what is the concept of Stop Loss? Throw in your answers and educate all ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I'm almost sure they will be regulated - in 10-15 years. So there's nothing to worry about right now.
Oh, no at all. The regulations is going to be here soon. Bitcoin and the alts have caught the large market actors by surprise, but their response is not goint to take 10 yr, because greed burns them.
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