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I agree with some of what the OP says in terms of those living with parents are in a privilaged position and that now is a perfect time for them to go hard into bitcoin.
I dsagree with the all in concept though, I don' think anybody should go all in on anything just in case but definitely if you are in this position it is the best time to take advantage, makes me wish I was younger.
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Even taking the store of value gold it gives bitcoin an amazing price, a price I would love to see happen in my lifetime, possible but maybe a little bit out of reach.
I do think bitcoin will be used in a similar way to gold and we will have other cryptos taking the place of everyday usage.
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I think there are many holders because as we can already see in it's short history bitcoin is something special and potentially could change everything.
The old way of investing is not appealing anymore and is dominated by a handfull of companies and banks, crypto can and will at some point be the hand that forces change.
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Hello everyone,
After reading all your comments and the messages that I have received orienting me towards the best way to do the distribution of tokens, I have decided to listen to the community and change the distribution of tokens.
Tomorrow will be assigned the correct tokens and proceed to payment.
Thanks for your support
Thanks |
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It's on an individual basis, I have been part of a couple and they are yet to get things going but they do seem solid so I am just holding to see how they progress.
I think you need to try your best and do some research but as there are more and more launching everyday the chances of scams will grow as well so vigilance is key, but overall I do think an ICO can be a good thing.
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It is pretty poor when things are changed after the fact, if there was at least a caveat in the OP to say "depending on final ICO results we reserve the right to adjust the % accordingly" or something like this it would have been a bit easier to swallow.
Everyone joined in good faith and were promoting REAL expecting to be a part of the project with what was promised, understanding that less may have been raised but still not sticking to the original agreement is quite poor and doesn't give the best impression before anything is even launched, especially when there is a whopping 80% to social media participants.
Is sticking to the original % and amount of tokens really not possible? will it hurt more by doing this or by having a lot of unhappy people talking negatively about what is an actually very good project.
You can obviously do as you wish but there are a lot of unhappy people.
hi may i ask you where did you based your bounty pool? is this from the amount of the tokens sold after the ico or from the total supply?
what is the soft cap will not be achieve, is this mean that there will no longer bounty distribution?
Hi ashuawei, It depends from the amount of tokens sold after ico. There will be always bounty distribution! No matter what cap is reach. I saw that and I understand that there were far more people part of the social campaign than there were anywhere else so to make it fair to all you have made adjustments, I just think it should have been stated in the OP clearly for all to see and understand. I'm okay with whatever comes my way but just for future instances I would suggest making every little thing clear as a bell at the start. |
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It is pretty poor when things are changed after the fact, if there was at least a caveat in the OP to say "depending on final ICO results we reserve the right to adjust the % accordingly" or something like this it would have been a bit easier to swallow.
Everyone joined in good faith and were promoting REAL expecting to be a part of the project with what was promised, understanding that less may have been raised but still not sticking to the original agreement is quite poor and doesn't give the best impression before anything is even launched, especially when there is a whopping 80% to social media participants.
Is sticking to the original % and amount of tokens really not possible? will it hurt more by doing this or by having a lot of unhappy people talking negatively about what is an actually very good project.
You can obviously do as you wish but there are a lot of unhappy people.
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It is quite funny when he says that government mandated digital currencies are interesting yet non government ones are junk, they will be built upon the same technology so it is just a stupid statement. All of these fee earning companies are obviously fearful of the breakout of bitcoin and digital currencies so there will be a lot more bashing by a lot more people to come.
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Keeping your coins in your wallet with you private key is always best but with what happened last time it seemed that Bittrex was the best place if you were looking to dump your coins straight away, they were open for trading ahead of most other exchanges. Best to check their announcements on the situation, I haven't seen anything by Bittrex yet.
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People will create their own coins for their own project and some of these projects could be successful, recently people are leaning more towards the creation of a token on the ETH platform as it seems that much easier to do.
Due to the attention that is now focused on the ICOs there will be a lot of people coming along and creating an ICO for no other reason than to rip people off, this will happen for sure and we as a community need to be aware of this.
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I think the only thing that can really destroy bitcoin is the community and interest, if we all lost interest and migrated over to a new coin that had everything that bitcoin has and more then that would surely hurt it, thinking about it I don't think it is possible to destroy bitcoin as such but it can definitely be hurt.
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This does tend to happen every now and then, it could have something to do with the upcoming fork where we will see bitcoin gold coming into play as there was a lot of 'free' money with the bitcoin cash fork so I expect people will be getting their bitcoin ready for the snapshot and hoping to make some cash.
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I like both, airdrops are useful as you will always get people looking for freebies and it brings people into the project, bounties are a bit more involved as you obviously need to be doing some kind of work to earn your share, we do see projects that do both an airdrop and a bounty which is not a bad thing.
Both have their benefits but I suppose I prefer a good bounty.
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I think it will follow the pattern of bitcoin cash, there will be a huge rise initially and then it will settle to a similar level, long term I have no idea as I am not sure what the plans are but in the short term it will be like bitcoin cash.
If I remember correctly those who had the bitcoin on bittrex were the ones who were able to trade straight away, I wonder if it will be the same this time around.
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As far as I have seen it will just be a rehash of the bitcoin cash scenario, there will be a snapshot taken on the 25th and then those who had bitcoin will now have some of bitcoin gold.
If anything it is just a bit of extra money, I really don't see any value in this and I would hate to see this happening every few months with a new "bitcoin whatevername" fork.
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Banks will eventually have to accept the fact that bitcoin and other crypto currencies will be around and will gradually become more popular.
They will need to adapt and welcome bitcoin and try to build their service around bitcoin in order to keep generating fees.
They could easily setup a system like coinbase and charge fees for conversion and so on, it will be tough for them but where there is money to be made there will be banks.
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Makes a change from all of his tweets saying he is not part of this project and not part of that project. Think it might be worth having a look at wetrust and see what it is all about.
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I would say yes it is a good time to get back into crypto, not just bitcoin but there are a lot of other projects out there now in comparison to 2011. I hope you didn't lose too many coins as I would imagine mining back then you would have gained a handful at least.
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