Tezos discussion

[tobeaj2mer01]

More than two hours but still NOT be able to see the “receipts” link in my wallet after many refreshes, it's already 26 confirmations in blockchain.info, who should  I contact with?

Do not worry. I have the same issue as yours. Just backup your fundraiser wallet and check your balance tomorrow, and you should be fine.

If you use ETH to participate, you will see your balance immediately.

Cool, are you able to check your record in https://check.tezos.com with ETH participation.

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[ardentvolcanoes]

More than two hours but still NOT be able to see the “receipts” link in my wallet after many refreshes, it's already 26 confirmations in blockchain.info, who should  I contact with?

Their sites must be broken because lots of people are losing BTC

Better stop investing into this project until this issue get resolved I also sent almost 3 hours but still none about that status. The team is aware of this issue and already working on it to make everything smooth and fast.

https://twitter.com/tez0s/status/881044803663740929

well I guess with this tweet at least investors will still have hope since the dev is still working to make this site more reliable and much quicker to respond
I will keep checking this thread and monitoring the tweets because I also interested to invest its been a talk here and now is the time to try it out.

[shannen87]

I was wondering,

in your opinion guys, what price TEZOS could hit when launched at exchanges?

What's your prediction?

[shannen87]

I was wondering,

in your opinion guys, what price TEZOS could hit when launched at exchanges?

What's your prediction?

Massive dump to 0.00001 BTC

Why?

[AaeDeeAae]

I was wondering,

in your opinion guys, what price TEZOS could hit when launched at exchanges?

What's your prediction?

Massive dump to 0.00001 BTC

Why do you say so?

[zahra4577]

I also think its price would be much lower than ico price because there is no cap.
I think capped is placed with bitcoin block and after a certain block ico will stop.
That means all incoming funds during this period will generate new tezzies.
During some initial blocks the bonus would be 20%.
Since 13,174 Btc and 34,987 Eth has already invested,one can calculate the number of tezzies generated.
Such a huge number leads to massive dumping.

[CoinCidental]

I was wondering,

in your opinion guys, what price TEZOS could hit when launched at exchanges?

What's your prediction?

Massive dump to 0.00001 BTC

Why do you say so?

He's  right, they are going to raise too much money
And the more they raise, the harder it will be for token holders
To make a profit
(uncapped ico is a danger sign)

[CoinCidental]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

[shannen87]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

IMO the more they raise the biggest the FOMO
People will start buying like crazy, price will go up
ICO holders then will sell and price will drop,
but ICO will get TONS of money
Remember ICO holders are first in the Pyramid

[shannen87]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

That argument of scarcity was thrown out the window long ago.  Going by that fallacy, Ripple should be worth zero.  It currently has a supply of 38 billion, and it's uncapped, continually increasing.  Even with 10 billion, Tezos should be valued at least 3.5x the current price of Ripple.  Meaning you'll have a decent ROI if you buy during the ICO. 

Value is not determined by the supply.  If that were the case, gold and other precious metals should be worth zero as well, because there's far more of those than the amount of of these cryptos.  Why should the US dollar be worth anything if the Federal Reserve can print an endless supply of it?

What you fail to grasp is that crypto currency like nearly endless supplies of fiat and some plentiful natural resources, derive their value not from limited supply or scarcity, but from use cases and value added to the world.  If Tezos turns out to be a useful and provides a strong use case with massive adoption, it won't matter if the supply is endless, it will have a value based on its applications.

If you don't believe me, then look at all the shitty alt coins that have limited supply but have zero use case and no one cares about them.  Just because Joe Schmoe came up with an alt coin with a tiny supply doesn't mean it should be worth anything.

Please provide a better argument, because the way I see it, the larger this ICO, the larger the mainstream coverage, and I think FOMO will be on another level.  Good luck trying to buy cheaper on the exchanges.

To everybody who thinks that TEZOS will worth less than the ICO price when hits exchanges, remember GNO.
ICO price was $30, when it hit exchanges went to $60 and today's price is above $300... just saying
And everybody was accusing GNOsis as scam!

[Wapinter]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

That argument of scarcity was thrown out the window long ago.  Going by that fallacy, Ripple should be worth zero.  It currently has a supply of 38 billion, and it's uncapped, continually increasing.  Even with 10 billion, Tezos should be valued at least 3.5x the current price of Ripple.  Meaning you'll have a decent ROI if you buy during the ICO. 

Value is not determined by the supply.  

Which economic school you come from?A price of any product or service is directly proportional to its supply.

If that were the case, gold and other precious metals should be worth zero as well, because there's far more of those than the amount of of these cryptos.

There total supply is fixed

 Why should the US dollar be worth anything if the Federal Reserve can print an endless supply of it?

They can but they dont. Why? because that would lead to huge devaluation of their currency.

 



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[jay8291]

Not researched much, But is this project good to Invest in it ?

[NrX]

Not researched much, But is this project good to Invest in it ?

Don't invest on others recommendations and advises this is first lesson of investment. Make your own research you have still lot of time because the crowdsale will last approximately two weeks. You have to see if this project's business model and roadmap suits to you or not. A friendly advise for you. Hope you don't mind.

[Sharma]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

That argument of scarcity was thrown out the window long ago.  Going by that fallacy, Ripple should be worth zero.  It currently has a supply of 38 billion, and it's uncapped, continually increasing.  Even with 10 billion, Tezos should be valued at least 3.5x the current price of Ripple.  Meaning you'll have a decent ROI if you buy during the ICO. 

Value is not determined by the supply.  If that were the case, gold and other precious metals should be worth zero as well, because there's far more of those than the amount of of these cryptos.  Why should the US dollar be worth anything if the Federal Reserve can print an endless supply of it?

What you fail to grasp is that crypto currency like nearly endless supplies of fiat and some plentiful natural resources, derive their value not from limited supply or scarcity, but from use cases and value added to the world.  If Tezos turns out to be a useful and provides a strong use case with massive adoption, it won't matter if the supply is endless, it will have a value based on its applications.

If you don't believe me, then look at all the shitty alt coins that have limited supply but have zero use case and no one cares about them.  Just because Joe Schmoe came up with an alt coin with a tiny supply doesn't mean it should be worth anything.

Please provide a better argument, because the way I see it, the larger this ICO, the larger the mainstream coverage, and I think FOMO will be on another level.  Good luck trying to buy cheaper on the exchanges.

To everybody who thinks that TEZOS will worth less than the ICO price when hits exchanges, remember GNO.
ICO price was $30, when it hit exchanges went to $60 and today's price is above $300... just saying
And everybody was accusing GNOsis as scam!

Totally agree with you.  Great example.

No one here says that Tezos is a scam.The discussion is about supply and its effect on price.
Gnosis curculating supply is much lower than what would be the expected supply of Tezos

[kangertech]

1 tz at 0.45-50 $ is like ICO gnosis at 300$

[shannen87]

1 tz at 0.45-50 $ is like ICO gnosis at 300$

Look at the team behind Tezos, it's going to be one of the biggest ETH competitors. I am sure it will hit top 5 coins very soon. Time will tell.

[CoinCidental]

I also think its price would be much lower than ico price because there is no cap.

Other icos made money because of Scarcity... There is no Scarcity when tokens are unlimited..... Lol

IMO the more they raise the biggest the FOMO
People will start buying like crazy, price will go up
ICO holders then will sell and price will drop,
but ICO will get TONS of money
Remember ICO holders are first in the Pyramid

actually,the people who invested first are the real winners
the founders and tim draper

theyre getting this 10 billion immediately,draper  got equity  so hes not exactly in the same boat as token holders
everyone investing now may struggle to break even if the amount raised is higher than the product can deliver
we shall see ....

[kangertech]

1 tz at 0.45-50 $ is like ICO gnosis at 300$

Look at the team behind Tezos, it's going to be one of the biggest ETH competitors. I am sure it will hit top 5 coins very soon. Time will tell.

maybe, i chosed not to partecipate but i'm really curious to see the evolution

[zodrag]

There is a flaw in the buying process, as there is only a text warning about the 0.1btc limit.
I sent two payments: 0.04 and 0.1btc and only the second transaction got converted into Tezos.
Does anyone know what will happen with the transaction below 0.1? I hope they will either send it back or convert it into Tezos if the wallet value is exceeding 0.1btc.

Summary
0.1400000 XBT   ->   600.00 XTZ
0.0000 ETH   ->   0.00 XTZ
XBT TRANSACTIONS
Transactions hashes
0.0400000
0.1000000

[Asimmo]

Approximately, when you think that tezos will be real competitor of ETH?
Already this year?