kalpit
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January 30, 2017, 10:46:42 AM Last edit: January 30, 2017, 11:24:03 AM by kalpit |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico.
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Chronobank Support
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January 30, 2017, 10:53:39 AM |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico. I think that most of the backers see the project based on its returns in the long run not just one week after crowdsale - not much of a reason to dump the token if you want to and can get your rewards soon.
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btvGainer
Legendary
Offline
Activity: 854
Merit: 1000
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January 30, 2017, 11:16:14 AM |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico. I think that most of the backers see the project based on its returns in the long run not just one week after crowdsale - not much of a reason to dump the token if you want to and can get your rewards soon. That is true that most dividend paying projects are doing well in exchanges but chrono is highly priced.100 Time tokens for 1 btc is way to high.
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kalpit
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January 30, 2017, 11:23:26 AM |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico. I think that most of the backers see the project based on its returns in the long run not just one week after crowdsale - not much of a reason to dump the token if you want to and can get your rewards soon. That is true that most dividend paying projects are doing well in exchanges but chrono is highly priced.100 Time tokens for 1 btc is way to high. Percentage increase in price of a project doesn't depend on it's initial price. Even if they sold at 10000 time = 1 btc , you would get same share in company for price. Same share in company means same returns. And if you think it's over funded, please read my article https://medium.com/@58f276e87e2b/98c4d1fd8e0b
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gawlea
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January 30, 2017, 11:41:21 AM |
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@chronobank support Hi! Can we do something about my rank campaign (I see that I'm still jr. member) I talked with ahmed on slack and filled the Rank Change Form but on the list I'm the same jr. member from 2 weeks ago. I lose... TIME man! Thanks!
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DomainMagnate
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January 30, 2017, 11:45:06 AM |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico. I think that most of the backers see the project based on its returns in the long run not just one week after crowdsale - not much of a reason to dump the token if you want to and can get your rewards soon. That is true that most dividend paying projects are doing well in exchanges but chrono is highly priced.100 Time tokens for 1 btc is way to high. Percentage increase in price of a project doesn't depend on it's initial price. Even if they sold at 10000 time = 1 btc , you would get same share in company for price. Same share in company means same returns. And if you think it's over funded, please read my article https://medium.com/@58f276e87e2b/98c4d1fd8e0bBut dividend will be paid on per TIME basis so if you have 10000 Time you will get more dividend compare to 100 Time. Also from traders point of view,if a price of 1 Time token is 0.01 btc in exchange, you will get more profit selling 10000 Time than selling 100 Time.
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Chronobank Support
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January 30, 2017, 11:49:34 AM |
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@chronobank support Hi! Can we do something about my rank campaign (I see that I'm still jr. member) I talked with ahmed on slack and filled the Rank Change Form but on the list I'm the same jr. member from 2 weeks ago. I lose... TIME man! Thanks! It's your initial rank on the list. The bounties will be provided based on your rank change. You should be fine. I also bugged Ahmed about this just in case.
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Marina_T
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January 30, 2017, 12:01:04 PM |
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Sorry if I missed it, but which exchanges are you intending to list Chronobank on?
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thepo1m
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January 30, 2017, 12:11:25 PM |
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Overfunded? Also think it will go below ICO as others have done lately.
You must be speaking in irony, Overfund what? It is just 3000+BTC, if you are looking for overfunded project Lisk and Waves are two good example. In my own opinion we investors need to balance the two. Developers need this fund to develop good platform but we investors don't like project that is overcapitalised to maximise our profit. Any project that has strong fundamentals like Chronobank, anything less than $7 million is good valuation
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kalpit
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January 30, 2017, 12:13:12 PM |
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Overfunded? Also think it will go below ICO as others have done lately.
Going below ico price is very unlikely. Since the bounties would be released a week later. Also , according to my observation, all dividends paying cryptocurrencies go above ico soon after they are launched on exchanges. Another factor which would prevent falling below ico price, is that it would be there on 4-5 exchanges. Also, this project has a big scope. Why do you think this is over funded? It is currently very below the maximum cap of ico. I think that most of the backers see the project based on its returns in the long run not just one week after crowdsale - not much of a reason to dump the token if you want to and can get your rewards soon. That is true that most dividend paying projects are doing well in exchanges but chrono is highly priced.100 Time tokens for 1 btc is way to high. Percentage increase in price of a project doesn't depend on it's initial price. Even if they sold at 10000 time = 1 btc , you would get same share in company for price. Same share in company means same returns. And if you think it's over funded, please read my article https://medium.com/@58f276e87e2b/98c4d1fd8e0bBut dividend will be paid on per TIME basis so if you have 10000 Time you will get more dividend compare to 100 Time. Also from traders point of view,if a price of 1 Time token is 0.01 btc in exchange, you will get more profit selling 10000 Time than selling 100 Time. If price was 10000 time = 1 btc , total number of TIME created would have been 100 times. Means everyone gets 100 times the time he is getting with current rate. So dividends would be divided into more TIME so lesser dividends per TIME but since you got more TIME with 1 btc in this case. So you get the same dividends for same investment in ICO. No matter what the price is.
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Chronobank Support
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January 30, 2017, 12:24:16 PM |
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Sorry if I missed it, but which exchanges are you intending to list Chronobank on?
There will be updates on this. For now we have announced only Lykke and the service of Changelly. There will be more interesting announcements soon. Plz, just give us some time - we still have to discuss some details with some of our partners.
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matsud2
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January 30, 2017, 01:25:49 PM |
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great news dev, is changelly a instant service like shapeshift?
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Chronobank_Community
Full Member
Offline
Activity: 126
Merit: 100
Chronobank Community Manager
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January 30, 2017, 01:52:11 PM |
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Overfunded? Also think it will go below ICO as others have done lately.
As explained several times before, this is not your typical ICO with 10 to 100 million coins hitting the market, on one exchange, at distribution. This is going to have well under 1 million total tokens, with a significant amount of them going nowhere near a market for months after distribution. As well, so much news has already dropped, but twice as much as that is coming over the next 3 weeks. You've posted that it's over-funded like 6 times now. It's not going to be true no matter how many times you re-post it.
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iambitcoin5
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January 30, 2017, 02:02:29 PM |
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Overfunded? Also think it will go below ICO as others have done lately.
As explained several times before, this is not your typical ICO with 10 to 100 million coins hitting the market, on one exchange, at distribution. This is going to have well under 1 million total tokens, with a significant amount of them going nowhere near a market for months after distribution. As well, so much news has already dropped, but twice as much as that is coming over the next 3 weeks. You've posted that it's over-funded like 6 times now. It's not going to be true no matter how many times you re-post it. Yeah I know I've asked before the opinion of others here about whether or not it was overfunded. Didn't mean to mention it multiple times for no reason though. Almost forgot there was only going to be 1 million coins. In that case this could be a good investment mid to long term for investors. Also in your opinion could it be possible that you guys will be ahead of schedule with development?
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Chronobank_Community
Full Member
Offline
Activity: 126
Merit: 100
Chronobank Community Manager
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January 30, 2017, 02:11:09 PM |
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Yeah I know I've asked before the opinion of others here about whether or not it was overfunded. Didn't mean to mention it multiple times for no reason though. Almost forgot there was only going to be 1 million coins. In that case this could be a good investment mid to long term for investors. Also in your opinion could it be possible that you guys will be ahead of schedule with development? There should be well below 1 million coins, correct. The development team has their heads down working hard, another dev update is coming in the next few days. It's difficult to predict in advance how development will go over the coming months, as far as timeline, but we're very confident in our current team of devs.
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iambitcoin5
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January 30, 2017, 02:26:16 PM |
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Anyone know the current price of 1 Time token?
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Chronobank Support
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January 30, 2017, 02:36:57 PM |
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Anyone know the current price of 1 Time token?
It's 0.01 BTC
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mortare
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January 30, 2017, 03:49:54 PM |
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Anyone knows where i can see how much was invested in de first week?
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iambitcoin5
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January 30, 2017, 04:00:25 PM |
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Anyone know the current price of 1 Time token?
It's 0.01 BTC Do you mean for 100?
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