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!
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