MagicIsMe
Sr. Member
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Activity: 294
Merit: 250
Negative trust resolution: index.php?topic=1439270
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May 01, 2016, 05:19:21 AM |
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Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes.
I never said it was foolproof. All ICOs are a gamble and yes most ICOs do go up but there is no guarantee. Also even if it does go up you may forgo even larger profits that you could have had if you waited - e.g. ETHER all time high (so far) was nearly a year after release, so if you held on to your ETHER and sold at that point you would make much more than if you had sold some of your coins in the first pump. On the other hand NEUCOIN went down almost immediately after launch and doesn't seem likely to ever even reach the ICO price again. It's all a question of risk and how much risk you want to take. None of us have a crystal ball (at least one that works) and can predict the future with 100% accuracy. When BTC was about to hit $1 many people were saying that it was the right time to sell because it would never sustain such a high value and would soon crash down to a few cents. You just never know for sure and that is cryptocurrency in general. In the case of WAVES the POS/lending model gives an alternative way to increase your holdings though. Also given the high community interest and buzz surrounding WAVES I think if anything the risk will be more about lost profits from selling early so people should think carefully about what would bother them more - losing their initial investment or doing the equivalent of selling their WAVES early like those who sold BTC for a $1. 31 days more and we will see what will happen... But I have a strong feeling that this WAVES will become a Tsunami by the end of the year so its all up to you (people holding waves coins) if you can hold that long. You do realize that putting the code for the WAVES signature at the end of your post doesn't make you eligible for the reward, right?
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ruletheworld
Legendary
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Activity: 1386
Merit: 1045
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May 01, 2016, 06:33:35 AM |
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is it too late for sig campaign?
you must reach membee rank before you can apply for waves signature campaign. 3 more post you arr about to member rank. How can I check my member rank and progress? It measured strictly by the number of posts? No it isn't. See this thread: https://bitcointalk.org/index.php?topic=178608.0
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mauriek
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May 01, 2016, 06:41:36 AM |
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Good luck to the team, i just bought some, is there a communication channel such as Slack where investors can chat directly with dev team and each others?
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prix
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May 01, 2016, 07:04:30 AM |
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When and how we can swap coinomat assets to waves tokens?
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atchoum6760
Legendary
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Activity: 1904
Merit: 1063
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May 01, 2016, 09:56:43 AM |
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Where is the french thread ??
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Bought
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May 01, 2016, 10:15:28 AM |
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What is the swap program about? is this swapping nxt for waves or some other altcoins for nxt? Wont this swap quite dramatically affect the price of either waves or nxt since more will be on the market?
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bcmine
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May 01, 2016, 10:29:41 AM |
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When and how we can swap coinomat assets to waves tokens?
Thats a good question. Coinomat assets are going to be tranferred to waves. But whats then?? It seems there is a alot of hot air anywhere, but none real world solutions. I am afraid, that all the people which got burned with the assets from coinomat (which fell from 1m to 100k 90% loss) will get burned here too. maybe not by 90% but 50% of loss are realistic.
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Freaks
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Activity: 1554
Merit: 1001
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May 01, 2016, 10:34:59 AM |
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Any update about social media accounts when i will be able to add my account into my back office on ICO site, when you will close accepting new participants for twitter and facebook promotion?
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yassin54
Legendary
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Activity: 1540
Merit: 1000
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May 01, 2016, 10:37:58 AM |
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Where is the french thread ?? l'admin FR a fait une erreur au lieu de supprimé un message il a supprimé le topic il va contacté un autre admin pour restauré le topic!!
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yassin54
Legendary
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Activity: 1540
Merit: 1000
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May 01, 2016, 10:41:59 AM |
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What is the swap program about? is this swapping nxt for waves or some other altcoins for nxt? Wont this swap quite dramatically affect the price of either waves or nxt since more will be on the market? not swap nxt or other coin for waves, just asset you can there will are futur annoucement for procedur swap, i think
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 01, 2016, 10:42:41 AM |
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It will start today, there will be announcement with details soon.
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 01, 2016, 10:48:18 AM |
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When and how we can swap coinomat assets to waves tokens?
Thats a good question. Coinomat assets are going to be tranferred to waves. But whats then?? It seems there is a alot of hot air anywhere, but none real world solutions. I am afraid, that all the people which got burned with the assets from coinomat (which fell from 1m to 100k 90% loss) will get burned here too. maybe not by 90% but 50% of loss are realistic. Swapped assets will be burnt, unswapped assets will still continue on the NXT blockchain with lower supply and next they will continue on Waves blockchain. https://nxtforum.org/cryptoasset-fund-projects/coinomat-assets/It is just opportunity for asset holders. I don`t know where you are looking at assets prices lol and also dividends are being paid all the time from all projects. What you are doing still here Bcmine, just funtrolling ?
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mxxxxxx
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Activity: 2310
Merit: 1000
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May 01, 2016, 10:50:29 AM |
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What is the swap program about? is this swapping nxt for waves or some other altcoins for nxt? Wont this swap quite dramatically affect the price of either waves or nxt since more will be on the market? It is just opportunity for asset holders of Sasha`s existing projects.
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kliown
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May 01, 2016, 11:21:32 AM |
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is it too late for sig campaign?
U can join until total number of stake reach 1000
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 01, 2016, 11:25:46 AM |
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What is the swap program about? is this swapping nxt for waves or some other altcoins for nxt? Wont this swap quite dramatically affect the price of either waves or nxt since more will be on the market? It is just opportunity for asset holders of Sasha`s existing projects. which fell around 90% in value. Thanks. I am not funtrolling, rather saying the truth about burned investors money and sasha, the russian mafia, profiting. Yes you are not funtrolling anymore, reported.
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slap
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May 01, 2016, 11:57:42 AM |
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Teh Rrrussian mafia lol. Okay.
Will Waves somehow compete with etherex? I thought I asked before, sorry, but cant seem to find an answer. It might be a stupid question also... so thnx for your patience.
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sxafir
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May 01, 2016, 12:02:57 PM |
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I have invest 0.02 btc.
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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May 01, 2016, 12:12:39 PM |
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Teh Rrrussian mafia lol. Okay.
Will Waves somehow compete with etherex? I thought I asked before, sorry, but cant seem to find an answer. It might be a stupid question also... so thnx for your patience.
Waves will have own decentralized exchange. Waves team is building first production system on top of Scorex framework where Waves token will be the fuel of whole platform and all transactions happening there, from issuing the assets, through transfer, depositing and withdrawing other supported currencies on the platform. Focus is on custom asset creation, lite client, end-user, no blockchain download, decentralized exchange, asset-asset trading, fiat assets, working with payment providers from the start and being decentralized kickstarter at the same time. Other features and apps/plugins center will be appearing in meantime. Waves will have its own implementation of POS, its own transaction types, its own unique reputation system on the blockchain and many more things. Rewards will be distributed between all network users who have a balance, above full nodes, all lite client end-users will be able to lease their balance to full nodes and receive rewards also. There'll be competition between the nodes. What you see as of now is only first version of testnet. It is huge project. So above Waves token being the fuel of whole platform, there will be also incentives from the network itself. Above it we prefer to cooperate with many good projects like Mycelium instead of competing.
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