can u post a link? also never heard of coloured coins or token
If you've been around since 2011 and have never heard of colored coins, then I can't help you. You have a lot of reading and catching up to do.
It is not an ICO though,
It's not? How do you figure? Unless you think this is more of an actual IPO as opposed to generally questionable ICO.
which doesn't make the fact that it hasn't been added into any exchanges too surprising,
Why would exchanges not want to add a token if it's not an ICO? And I assure you, the only reason exchanges haven't added it is because it's ridiculous to expect something be added right away. We're all still working on it, albeit not rushing at all.
The fact that no exchange Was prepared to add the token at launch kinda gues to show that there wasn't enough interest from third party exchanges, on which Mycelium implied reliance for trading (at least for now).
We only "implied reliance" on exchanges because that's where people exchange various tokens (duh?) and assumed that that's where they will be traded eventually. If "at least for now," where else do you think they will be traded?
Third parties did not have the time to show interest, since they only found out about this same time as everyone else, just a few days before the sale start. And I would guess rightfully waited to see what will come out of it and wetter it would be worth to add. Seriously, you pushing this idea that "No exchanges added support for the tokens right away, thus it's a failure" is a bit ridiculous. Again, how long did it take for Etherium, which had a lot of anticipation, a lot of prior long term planning, and raised a lot more money, to to get support from exchanges? Two or three months?
I'm sure that this has been disappointing to certain investors
The only people who complained about this so far are just you, who don't own any tokens anyway, and one other guy, who invested without knowing anything about it, just to speculate.
as this non-security hasn't showcased any speculative value so far,
Why do you keep calling it non-security? And why would it have speculative value at this point? It's entirely based on the actual value of the company. Has Mycelium Wallet's value changed in the last few weeks? I don't think so...
i would never buy any coin or token if it's not going to be listed on an exchange. alts are not secondary private market assets.
Why wouldn't it be listed on an exchange?
First of all, waves and mycelium fucked over their investors by buying each other's icos and esenially just swapping btc back and forth while diluting everyone else.
What?! That never happened. As far as we know nobody from Waves bought Mycelium tokens, and we didn't buy any Waves tokens. Mycelium the company doesn't own any part of Waves. If you have any proof for your accusation, please bring it up. Otherwise that's a pretty awful blatant slander.
Second, mycelium raised 5000 btc for 5% of the wallet. The next round is for 25% of the wallet and needs to make 25000 btc for the first round investors to break even. If you invested a lot into this wallet, i feel sorry for you.
First of all, the valuation of Mycelium Wallet is in USD, not BTC. Stop using current BTC prices to valuate it. We don't have to raise 25000 BTC, just some USD. And the next one may be 20%, and will also be dilutable shares. This first round was undilutable. It may not be easy, but we might hit that amount still, considering our plans.
But it doesnt make any money!
Waves doesn't make any money, Ethereum doesn't make any money, Augur doesn't make any money, all startups don't make any money when you first invest in them. But actually Mycelium does make money, and as stated in the release has plans to make a whole lot of money.
Promising investors part of the money received from future crowdsales
That should not happen ever. Its so unprofessional and shady :/
Shame on you Mycelium
That's how every single stock, and even bitcoin itself works. The only way you make money is if future investors put in more money. How is that's shady?
