I said in the first post that price had gone down hard. I said it could be a scam, which is why I was asking for people's thoughts.
But there could be other reasons why the price had gone down - the bear market is a factor, and in the discord someone said that single sided staking at 70% APR caused selling but that's been ended. Is that the reason? I don't know, I'm hoping smarter people will weigh in.
I'm thinking about it like this - there's a 90% chance that this could go to zero (scam, no product fit, product doesn't work). If that happens I've lost $100. There's a 10% chance that this could go to $0.01 - if that happens I've made $3100. I think it's a good investment.
Honestly, speaking from having experience of trading cryptos since 2014, price dropping has ton of reasons other then pure scam. You can spot scams usually from lack of transparency and blaming anyone but people themselves. Some times obviously community reacts by selling it to the ground but if you can't see any good reason for it to be scam, it could be either the fact people are slowly accumulating, no one wants to shill a project that they don't have pockets full. Or the fact is that thay project isn't needed, which is the major reason. Normal people just don't see that because they can't read the code or compare it to competition. Thanks CP, much appreciated. |
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From a concept point of view, the project is good. what I don't like about their team is that they are not visible in activities or are not open, many projects have occurred that are not visible from the team that appear to be scammed. if they do any project marketing activities they might be able to attract investors
Thanks for your insights! |
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IMO, I dont understand why still too many, Defi projects that came out of nowhere, armed with just copycat concepts and functionality, they don't consider the truth that some early Defi projects are already gone bankrupt, so I don't think it's still an attractive structure, too many projects competing for a very limited market size thats was too risky in my opinion. so just take time to think about it.
This is a good point, thank you for sharing your knowledge. |
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You did even see the price was going down so hard and then where's a good thing from a token that dumped so hard like that? This is another shit coin that will be dead soon. Keep in your mind that investing in this shit pretty much the same like giving your money easily to the scammers.
Even this time the price is still going down. You can take your own conclusion. Don't be so mad because this is obvious scam token.
I said in the first post that price had gone down hard. I said it could be a scam, which is why I was asking for people's thoughts. But there could be other reasons why the price had gone down - the bear market is a factor, and in the discord someone said that single sided staking at 70% APR caused selling but that's been ended. Is that the reason? I don't know, I'm hoping smarter people will weigh in. I'm thinking about it like this - there's a 90% chance that this could go to zero (scam, no product fit, product doesn't work). If that happens I've lost $100. There's a 10% chance that this could go to $0.01 - if that happens I've made $3100. I think it's a good investment. |
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Yes, but op was asking about OUR thoughts about the project and i answered and OP already seems to be familiar about the project. And knowing about it doesn't mean you would know why the price dropped.
Also i am not sure why you were quoting me, as you weren't obvously answering to me, nor the question OP was asking about.
 I'm researching now, will come back to this thread if I find something. I'm really  because the market is saying that this token is basically worthless, but when I dig into the project it looks like it has promise. Maybe not the $0.40 ATH but it's got to be worth more than its current price - sure at least $0.01 or something??? On that basis I threw a couple of bucks at it last night. Unless it's a complete scam??? If anyone has any insights please post here! |
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I've seen the concept and partners of this Project.And in fact the price of tokens owned is getting less and less valuable.Or it could be the lack of promotion that causes the $Form token to become less valuable and get less attention from investors.Because good promotion is an important factor in the success of a crypto product and project
Yes I'm also confused as to why it keeps going down. Promotion is important, but if the product is good the token should go up in price, right? |
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If the OP wants to keep up with the project and assess its potential, he needs to follow the social media channels of this project.
In that manner, he will understand more why the price is down and if there is hope that it will go up again.
One can't understand the project if he is not familiar with the project itself.
So for the OP to understand better this project, he needs to study and do more research.
He can also get good insights from the discussion in their social media channels.
Thanks for the response. I've been looking through their telegram and it's quite active but no clues as to why the token has dumped so much. I'm going through the discord now (also very active) to see if I can find any hints. |
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Hi, does anyone have thoughts on https://formation.fi? The token has been dropped from an all time high of $0.40 to $0.003, but it seems to be a solid project - experienced team, external funding, doxxed team, defi platform, roadmap that's being worked on. I don't understand why the token is so low - is the defi platform never going to make any money? Any thoughts are greatly appreciated. |
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OK so you've listened to my wise advice and you've bought BETH on the secondary market and are now earning that sweet 100% of on-chain rewards that Binance throws off. What do you do now? If you're like me, you probably want to add a little bit of spice to your latte as you HODL, so have a look at the chart:  You can see that BETH trades in a pretty tight declining range, so I've been selling at the top of the range and buying at the bottom. A few points to note: 1. Price is declining and converging, so it's getting harder and harder to pick the top and the bottom of the range, but it's currently well above trading fees 2. You obviously don't earn stake when you're back in ETH 3. You're going to get a trade very rarely 4. There's a chance that your sell is never hit, but since you're HODLing BETH you probably don't care 5. There's a chance that you sell and can never buy back at the price you sold, but I personally think as more people buy BETH and realise that they want to get out for whatever reason, prices will go down |
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Just a heads up, the best way I've found to stake ETH is on binance.com, they are passing on 100% of the on-chain rewards. You can convert your ETH to their token called BETH, which has a secondary market so your not locked in until ETH 2.0 comes out. Best way to convert to BETH is on the secondary market (currently a 5% discount) - https://www.binance.com/en/trade/BETH_ETHDO NOT convert 1 to 1 on the main page ( https://www.binance.com/en/eth2) You can also stake BETH in some of the binance launchpool projects, but it seems to stop you earning your ETH 2.0 stake. This is much easier than running your own ETH 2.0 validator node, but if you want to go down that path Kudos to you. Any questions, hit me up below, happy to help. |
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Could we create a community wallet that people could donate to that could get burned at a certain date that would be a nice way for the community to reduce the circulating Supply.
Great idea! Send your TRTL here and I'll burn everything on 1 January 2019: TRTLuzzJxmii8tuyFfNSkU3S4qBTXQZtkHpojDeNm4FgQcv4U3GujhoGtoPBikwV5ZBRFZGSk4qw1SX m4M77mtNkbDD8gMPsT4q |
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Ну как бы всё хорошо...но...монета торгуется на стоковой бирже,курс упал уже до 1 сатоши...ну и логично было бы задать вопрос:что дальше?
It can only go up from here. |
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trtl.mine2gether.com is down.
Up for me? |
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In my opinion, it is better to make your own research and trust your guts. The most of the privacy coins are undervalued right now. The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster. I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place. They are on Pre-ICO stage right now, you can check their website: https://ethermeta.com/Or even better go through their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2659058.0Are you serious? This is an ERC20 token, which is built on the ETH platform. There's no extra code - no inbuilt privacy, they are waiting for the Ethereum core team to add Zero-Knowledge Snarks into the Ethereum core platform. So basically, they've done nothing but issue a token??? |
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Turtle turtle, dot dot
I got my cooties shot
I think that TRTLs hot
I'll give it booty shots
That TRTLs so hot make it drop
Do the drop drop, do the drop drop, do the make it drop
To the floor, let's get raw
Okay, gimme some more
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Well, I had a bad experience with ICOs from last year. Spent so much time to choose a good project, even really supported it with my own effort as I believed in their concepts. And then after all the fuss, I got really burned when people dumped. Investors who got in through exchanges were able to own many times more tokens than I did as an early investor, so until today I feel very apprehensive about ICOs.
I really hope you follow up with progress, this is a good sample of how things would work out for ICO investors in 2018. Do not forget to specify your entry price (how much you paid for token).
That's why I buy in to as many ICOs that look decent, and I invest the minimum or slightly more if I'm bullish on the ICO. If I'm invested in 20 ICOs, I plan for 10 to be worth zero, 7 to be break even, and 3 to be worth 10-20 times what I paid for them, meaning I'm roughly up 100% across the whole portfolio. But don't listen to me, have a look at the spreadsheets posted earlier in the thread, they have better rankings and more analysis. |
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Too many ICOs, do not have that much liquid funds to get them while im looking to get more envion and telcoins as i think both of them will prove very profitable in coming months, i hope market will be in our favor in coming months.
I don't invest in all, and when I invest I keep my investment low to spread out among as many ICOs as possible. |
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