[ANN] SONM • Decentralized Fog Computing

[Raizou]

Nah, I wouldn't buy this. It is being sold right now at +/- 3000 satoshi in Liqui, it is just a matter of going there to "average" down the price we paid if one wants to hodl. I just wanted my BTC back, this company is not going anywhere, too much greed, disrespect and lack of skills. Everybody is dumping it that low because they saw the fiasco this ICO was, just the truth. Pre-ICO can still have profit selling as low as 2000 sat, yes, but they could have created a resistance around ICO price, they didn't. Wait for the bounty tokens... hope is speculators will pump it so we can get out, but time it well.

I knew they wouldn't refund, as I know they won't correct the investment, not trustworthy at all. Bottom line is that they don't give a fuck since they have their 40 millions and we can't do anything, at least they think.

Almeida, you do can't subjugate your opinion to people, surely you are not happy with SONM, I hope they solve this problem with you, now will you never again speculate with SONM? When do you see the same cost $1/$2? And even if SONM has this value per token it would not even be among the top 10 cryptocurrencies! ICO is designed to last 30 days and not 72 hours! Surely took the team by surprise, as well as the people of Bancor, be understandable, things change very fast, you need to adapt, otherwise you will be swallowed!

[dz4505]

Pretty sure it is like that for all ICOs else people will ask for refund anytime the price drops below ICO price.  But if you have preico tokens I am sure they will refund you your ETH.

What you want is the bonus to be corrected, if there is any.

Nah, I wouldn't buy this. It is being sold right now at +/- 3000 satoshi in Liqui, it is just a matter of going there to "average" down the price we paid if one wants to hodl. I just wanted my BTC back, this company is not going anywhere, too much greed, disrespect and lack of skills. Everybody is dumping it that low because they saw the fiasco this ICO was, just the truth. Pre-ICO can still have profit selling as low as 2000 sat, yes, but they could have created a resistance around ICO price, they didn't. Wait for the bounty tokens... hope is speculators will pump it so we can get out, but time it well.

I knew they wouldn't refund, as I know they won't correct the investment, not trustworthy at all. Bottom line is that they don't give a fuck since they have their 40 millions and we can't do anything, at least they think.

Is this your first ICO?  There is no such thing as a refund in ICOs due to unhappy purchase.  For good reasons.  Slippery slope for mass refund.

It doesn't matter if everyone is dumping.  Things will get straighten out.  Most ICO eventually make money from ICO. 

[Almeida]

@Raizou

Yeah I get your point, but really I was not here for speculation, I'm a fool for thinking those guys were "bona gente" and wanted some contact with the community and build a good stuff, but after this treatment and things I dig around I changed my mind. No, I won't speculate with sonm.

@dz4505

I understand this. But it is not just some random refund because I regretted because some blah blah. They completely ignored me, they didn't read my emails, they sent confusing instructions, they give conflicting information and lastly that Alexey came to say there was no problems with exchange rates and disconnected before I could start to explain. So, I agree they shouldn't give the money back if they delivered what they promised, but if they don't and WON'T they should give the money back. Easiest way to solve a dispute in any western civilized country.

[Robertqueen2]

Whales are exploiting distribution problems, as well as people who want to join and missed the ICO, I have bought some today, just watch it when it is on bittrex.

[rendravolt]

Whales are exploiting distribution problems, as well as people who want to join and missed the ICO, I have bought some today, just watch it when it is on bittrex.

I had expected the news, of course if it entered bittrex the price will be crazy!

[dz4505]

Whales are exploiting distribution problems, as well as people who want to join and missed the ICO, I have bought some today, just watch it when it is on bittrex.

I agree this is the problem.  Once Bittrex gets onboard then we should be an increase.  Right now there are too many token holders with too little outlet to sustain anything high.

I do think SONM is doing a terrible job with distribution.  It been almost 2 weeks and they still trying to sort through the mess.

[BTCBusinessConsult]

My previous post was sarcasm.... I have many, many, many, XX'000s of SNM tokens, just trying to get my hands on more cheap coins before we moon 

[toonwer]

Due to this rough ico, sonm work on github is stuck. Hope they will be able to fix this asap and begin their work.

[Zechis966]

please i beg you all to try and donate     
myetherwallet = 0x35dEe279b62409cC68E134E59E916706166475c9
thank you all

LOL

@Raizou

Yeah I get your point, but really I was not here for speculation, I'm a fool for thinking those guys were "bona gente" and wanted some contact with the community and build a good stuff, but after this treatment and things I dig around I changed my mind. No, I won't speculate with sonm.

@dz4505

I understand this. But it is not just some random refund because I regretted because some blah blah. They completely ignored me, they didn't read my emails, they sent confusing instructions, they give conflicting information and lastly that Alexey came to say there was no problems with exchange rates and disconnected before I could start to explain. So, I agree they shouldn't give the money back if they delivered what they promised, but if they don't and WON'T they should give the money back. Easiest way to solve a dispute in any western civilized country.

Anyone who keeps taking this Almeida dude seriously needs to stop. I called him out for shilling for some guy on another thread and he ignored me lol...some random account that hasn't been here since, says he's selling the private keys to an address with 80k SONM and Almeida is like "oh yeah oh yeah .35 cents per SONM is a killer deal I would even take" basically...

Now that he realizes he put too high % of his value into one project, and it's not generating super fast gains he's pissed. He's learning the markets still and was smoking too much 'hopium' and now the high has worn off and he's jonesing....

Why are people panicking though seriously? The price may have dropped seriously there but so did BTC...

They're all up for now and I know a bunch of people putting fresh cash into the correction so I think it was and will be short lived.

This may be the first ICO I put into that dropped...but it's also the first ICO I've put into that was timed almost perfectly with a correction...maybe even a mini crash.

If anyone plans on going long in cryptos you better get a better gut for the drops...I was so refreshed to see the drop and SO upset I couldn't liquidate other funds IRL to buy more cryptos but oh well...hopefully we'll see another this year, it'll be a sigh of relief that the market is going SOMEWHAT logically, pumping the brakes on the bubble

[Almeida]

Anyone who keeps taking this Almeida dude seriously needs to stop. I called him out for shilling for some guy on another thread and he ignored me lol...

I told you I would ignore you.

some random account that hasn't been here since, says he's selling the private keys to an address with 80k SONM and Almeida is like "oh yeah oh yeah .35 cents per SONM is a killer deal I would even take" basically...

I just said I thought it was not expensive because I believed this project was something, silly me. And, if you noticed it was at 1 dollar at the beginning in Liqui. That guy was offering the tokens with SebastianJu, who posted there, a trusted escrow. BTW I said I would buy the BTC, not the token, you know that but you wanted to have some argument.

Now that he realizes he put too high % of his value into one project, and it's not generating super fast gains he's pissed. He's learning the markets still and was smoking too much 'hopium' and now the high has worn off and he's jonesing....

Lol, at least you are funny, still a cretin though. I'm not a coin flipper, believe it or not.

Why are people panicking though seriously? The price may have dropped seriously there but so did BTC...

They're all up for now and I know a bunch of people putting fresh cash into the correction so I think it was and will be short lived.

This may be the first ICO I put into that dropped...but it's also the first ICO I've put into that was timed almost perfectly with a correction...maybe even a mini crash.

Keep holding 'n hoping, or educate yourself with the facts, it's your money. I suggest you dig around, since just me wouldn't be capable of fud it to the point of dropping the price to 2800 satoshi, would I  ? You are keeping an eye in the movement of the markets, you saw that snm is not recovering as the other ones. It hit 1 dollar at the beginning (when I was hyping it according to you), now it does not pass 3500/3000 satoshi.

If anyone plans on going long in cryptos you better get a better gut for the drops...I was so refreshed to see the drop and SO upset I couldn't liquidate other funds IRL to buy more cryptos but oh well...hopefully we'll see another this year, it'll be a sigh of relief that the market is going SOMEWHAT logically, pumping the brakes on the bubble

Sorry to burst your bubble with sonm. You have strong guts, so don't worry, speculators will raise it to the point of exit, just keep alert and be fast to move.

I'll put you in probation out of my ignore list for now.  

[miramare]

My previous post was sarcasm.... I have many, many, many, XX'000s of SNM tokens, just trying to get my hands on more cheap coins before we moon 

Weak hand!

[dz4505]

I just said I thought it was not expensive because I believed this project was something, silly me. And, if you noticed it was at 1 dollar at the beginning in Liqui. That guy was offering the tokens with SebastianJu, who posted there, a trusted escrow.

Yea.  You are definitely new.  Starting price on any exchange is always retarded and gets pushed down to something more sensible fairly fast.  The amount that gets traded at a high price is very small quantity before it equalizes.  I would not even pay attention to it.  No clue why you think sonm is really going for 10x ico price.

Happens to every coin. 

[Almeida]

No clue why you think sonm is really going for 10x ico price.

Happens to every coin. 

How you mean? Didn't get this part.

[dz4505]

No clue why you think sonm is really going for 10x ico price.

Happens to every coin. 

How you mean? Didn't get this part.

Start at top and drop down.  Every exchange debut it is like this.  That is how the high gets set.

[Almeida]

No clue why you think sonm is really going for 10x ico price.

Happens to every coin.  

How you mean? Didn't get this part.

Start at top and drop down.  Every exchange debut it is like this.  That is how the high gets set.

Ok, gotchya. My point there was that people were asking even much more in liqui, but whatever. Take a look at how it is now, do you think it is gonna hit back the ico price just because it will be in bittrex?

Code:

TYPE	   DATE	                PRICE, BTC      AMOUNT, SNM     TOTAL, BTC
Sell	June 29, 2017, 02:10	0.00002934	69.76506283	0.00204691
Sell	June 29, 2017, 02:09	0.00002937	73.23066795	0.00215078
Sell	June 29, 2017, 02:09	0.00002937	182.85832703	0.00537055
Sell	June 29, 2017, 02:08	0.00002937	100.77315128	0.00295971
Sell	June 29, 2017, 02:08	0.00002939	256.08899498	0.00752646
Buy	June 29, 2017, 02:08	0.00002939	743.91100502	0.02186354
Sell	June 29, 2017, 02:08	0.00002937	212.27347920	0.00623447
Buy	June 29, 2017, 02:08	0.00002937	430.86437454	0.01265449
Buy	June 29, 2017, 02:08	0.00002937	112.53713745	0.00330522
Buy	June 29, 2017, 02:08	0.00002935	509.47690789	0.01495315
Buy	June 29, 2017, 02:08	0.00002935	45.18735466	0.00132625
Buy	June 29, 2017, 02:08	0.00002934	332.79860000	0.00976431

[dz4505]

No clue why you think sonm is really going for 10x ico price.

Happens to every coin.  

How you mean? Didn't get this part.

Start at top and drop down.  Every exchange debut it is like this.  That is how the high gets set.

Ok, gotchya. My point there was that people were asking even much more in liqui, but whatever. Take a look at how it is now, do you think it is gonna hit back the ico price just because it will be in bittrex?

Code:

TYPE	   DATE	                PRICE, BTC      AMOUNT, SNM     TOTAL, BTC
Sell	June 29, 2017, 02:10	0.00002934	69.76506283	0.00204691
Sell	June 29, 2017, 02:09	0.00002937	73.23066795	0.00215078
Sell	June 29, 2017, 02:09	0.00002937	182.85832703	0.00537055
Sell	June 29, 2017, 02:08	0.00002937	100.77315128	0.00295971
Sell	June 29, 2017, 02:08	0.00002939	256.08899498	0.00752646
Buy	June 29, 2017, 02:08	0.00002939	743.91100502	0.02186354
Sell	June 29, 2017, 02:08	0.00002937	212.27347920	0.00623447
Buy	June 29, 2017, 02:08	0.00002937	430.86437454	0.01265449
Buy	June 29, 2017, 02:08	0.00002937	112.53713745	0.00330522
Buy	June 29, 2017, 02:08	0.00002935	509.47690789	0.01495315
Buy	June 29, 2017, 02:08	0.00002935	45.18735466	0.00132625
Buy	June 29, 2017, 02:08	0.00002934	332.79860000	0.00976431

Yes, I believe so.

Liqui.io is notorious for underpricing every coin in existence.  It only evens out after arbitrage kicks in.

Not sure if you know but liqui.io was trading for almost 2x ico until Bittrex never show up.

Like you I am irked by the mishandle of ico token allocation and how long it is taking.  Let's see what happens.  Statistically speaking the chance of you making money is high.

Go to icostats.com for examples.

[Almeida]

It's pretty obvious bids and asks in Liqui are being manipulated, I always see a bunch of 40 tokens orders, it is just a big waste of time, and the pattern of price movement is getting predictable.

My concern is whether when it hits Bittrex the whales playing around in Liqui will keep the price slightly lower to dump all the scalping they have being doing so far, they have volume for that.

[dz4505]

It's pretty obvious bids and asks in Liqui are being manipulated, I always see a bunch of 40 tokens orders, it is just a big waste of time, and the pattern of price movement is getting predictable.

My concern is whether when it hits Bittrex the whales playing around in Liqui will keep the price slightly lower to dump all the scalping they have being doing so far, they have volume for that.

They can just buy all the low priced snm tokens from liqui.io and transfer it to Bittrex that will be higher and sell.  Eventually the price gap between the 2 will close.

This is arbitrage. 

[Almeida]

It's pretty obvious bids and asks in Liqui are being manipulated, I always see a bunch of 40 tokens orders, it is just a big waste of time, and the pattern of price movement is getting predictable.

My concern is whether when it hits Bittrex the whales playing around in Liqui will keep the price slightly lower to dump all the scalping they have being doing so far, they have volume for that.

They can just buy all the low priced snm tokens from liqui.io and transfer it to Bittrex that will be higher and sell.  Eventually the price gap between the 2 will close.

This is arbitrage. 

Well, never saw this reversed arbitrage, to higher the price, but im new to this crazy crypto world. I just can't see how this massive offer of tokens can sustain a higher price. Granted, if pre-ico already made their profit with lower-than-ico sales, we are left to the bounty, which are far less in numbers, but still some million of tokens.

[dz4505]

It's pretty obvious bids and asks in Liqui are being manipulated, I always see a bunch of 40 tokens orders, it is just a big waste of time, and the pattern of price movement is getting predictable.

My concern is whether when it hits Bittrex the whales playing around in Liqui will keep the price slightly lower to dump all the scalping they have being doing so far, they have volume for that.

They can just buy all the low priced snm tokens from liqui.io and transfer it to Bittrex that will be higher and sell.  Eventually the price gap between the 2 will close.

This is arbitrage. 

Well, never saw this reversed arbitrage, to higher the price, but im new to this crazy crypto world. I just can't see how this massive offer of tokens can sustain a higher price. Granted, if pre-ico already made their profit with lower-than-ico sales, we are left to the bounty, which are far less in numbers, but still some million of tokens.

This is not reverse arbitrage.  This is arbitrage and how people make money off it.