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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Astronaut (ASTRO) Token Sale. One Token To Rule Them All. on: September 22, 2017, 09:17:28 AM
I'm curious about a few things and I'm hoping the Astro rep will be able to answer.

1. Will the total investment be based on the amount raised in the crowdsale? It goes without saying that the more invested the bigger the potential profits for dividends so if only a small amount is invested then the dividends may not be that significant and hence not worth the investment. That being said is there a minimum goal you're going for? I realize it may be difficult, but is it also possible to give an estimate of projected range on the return per coin in different scenarios (i.e. fund does very well, fund does ok, fund does poorly)? Even if you just used fake placeholder numbers, it would allow people to see what kind of benefit they'd be getting based on their investment.  

2. I believe on the reasons exchanges like Bittrex haven't added anything in over a month is because of the SEC ruling on securities and since this seems to be a security as well, are there any safeguards to ensure it doesn't change over time. I was looking to invest in ETHBET which is basically the same as ETHROLL, both of which pay dividends from the gambling profits of the platform, but prior to the crowdsale ETHBET completely dropped the dividends portion so it makes the coin much less attractive. I believe in the ASTRO whitepaper it was stated that it will be added to Poloniex shortly after the crowdsale finishes so is there any sort of deal in the works with that since it seems very difficult to get added to anything other than Etherdelta and HitBtc these days and it will affect the coin's value tremendously.

3. I'm a big fan of the reports written by Piccolo research as they are well thought out and logically sound, but I do wonder if coins rated under "spec buy" will be invested in. I'm assuming the fund will stay clear of "avoid" and I think it's safe to say ones with "buy" ratings will be including, but almost all of the coins are given "spec buy" which has seen mixed results. For instance, Trueflip is one of the coins rated "spec buy" but it is currently about 20% under ICO price and Dao.Casino is also another spec buy coin that hasn't been performing too well either. If the fund is filled with most "spec buy" coins then I feel like it will hamper success seeing as spec buy is almost akin to 50/50 in regards to success. In contrast, the only coin under buy, 0x, went 10x until it settled down to around 4x (Chainlink, the other buy coin is too new to judge) so whether the fund will be mainly comprised of coins rated under "buy" or "spec" will make a huge difference.

4. This might be written in the whitepaper and I missed it, but is the strategy of the fund to buy at ICO and then hold and cash out at a certain multiplier (i.e. 5x or 10x), or just hold indefinitely, or flip for the short term. I saw something about short term and long term investments but I wasn't able to find any specifics on when the value from investing in the coin would be realized. For example, if the fund bought DNT at ICO, when would the profits from DNT be allocated to the fund because at one point it was 10x, but it has fallen down to 3x, so depending on the date when you sold or realized profits there a discrepancy which would greatly affect the dividends.    

Thanks.
2  Alternate cryptocurrencies / Announcements (Altcoins) / SmartContract ICO? on: August 30, 2017, 08:06:37 AM
"The LINK Network is the first decentralized oracle network; allowing anyone to securely provide smart contracts with access to key external data, off-chain payments, and any other API capabilities. Anyone who has a data feed, useful off-chain services such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens." 

From what I'm getting, it's a way to connect the financial world to Ethereum using smart contracts. Use cases like banks, payment services, stock market data, etc. Seems like they have some heavy hitters as partners too like Swift and Gartner. However, I don't see it mentioned in many places and information is scarce much which is odd considering the concept could make them huge? Very little information on the ICO and they don't have a whitepaper either citing "We're currently writing our whitepaper together with top academics in our field. Because we're writing a foundational technical document together with leading academics in our field, the review process takes longer than other forms of documentation. We do plan to have the whitepaper out before the start of the public crowdsale.

Definitely an interesting idea but I'm a little unsure based on no whitepaper and the fact that they have a 10 day pre-sale with 100 ETH min buyin. So I'm curious as to what you guys think about it. Thanks.



http://smartcontract.com/link
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you think the bottom for Ethereum will be? on: July 17, 2017, 10:25:30 PM
Thanks for the replies guys. You may have suspected, but I cashed out into FIAT at about $290 and I am indeed trying to time the market because while I believe in Ethereum for the long term, I also see there are times where it would more advantageous to sell high and buy back in substantially lower. Of course, the downside is if the price rises and stays high then I'd be out of luck but it's high risk and high reward. The thing that I'm wondering is whether the volatility of Ethereum is due to ICOs and I wonder what Coindash's "hack" will do to ICOs if anything. If I recall Insurex was "hacked" as well and while avoiding scammers on Slackbots is easy enough, it's nearly impossible to avoid if the official address is changed. It seems like the only purpose of Ethereum today is being used for currency for ICOs and I wonder if the fact that a scammer was able to bank $8,000,000 will embolden potential scammers and change the landscape. 
4  Alternate cryptocurrencies / Altcoin Discussion / Where do you think the bottom for Ethereum will be? on: July 17, 2017, 08:29:15 AM
As we all know, everything is down right now including Ethereum and I was just curious as to when you guys think the bottom it will be? I know it hit 132 last night but I still feel like it might fall even further since I have a theory the closer to August we get the lower the prices will go. Additionally, prices seem to be at their highest during the beginning of the week and then pull back toward the end which would seem to fit, unless the market is truly recovering although as mentioned I don't see that happening until after August.  Some people are speculating that Bitcoin could go to around 1600 and Ethereum could be around 100 or possibly less in the following week. Also, do you think we will we see the peak levels of close to 400 like before the crash when it finally does recover because I think many agree that it really had no business rising that high so quickly and a lot of it was fueled by FOMO and ICOs hype so I'm predicting it might stabilize around mid to low 200s.
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