FandangledGizmo
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May 10, 2017, 06:54:39 PM |
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LESSON 1: How to make a company with a bright future nearly worthless in 24 hours. Change the terms of the ICO at the last minute. I don't invest in too many ICO's because even if they're good, if they trade quickly and don't have any major developments between ICO finishing and trading you can often pick them for less at the start of trading.
However in this case, there is cap of $3 million which I think will be easily reached thereby creating demand from those that missed out which should mean it will be very unlikely that you will be able to pick up shares any cheaper than now in this good project.
If they end up raising more than 10% more to account for currency fluctuations they have essentially stolen money from people who invested in good faith specifically because of the ICO terms. If they don't enforce the CAP, not only will it likely trade down but they lose all credibility and it could be just a dump fest to escape from a project with people nobody can ever trust.
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leigh2k14
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Activity: 1288
Merit: 1000
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May 10, 2017, 06:58:34 PM |
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This statement from Encryptotel simply means: WE AT ETT ARE GREEDY PIGS! Doesn't make ANY sense!!! I highly regret for investing in this ICO. The cryptocurrency markets are extremely volatile at the moment, with BTC, WAVES, ETH and ETC experiencing significant movements in price. Due to this factor, it’s likely that the dollar equivalent of the funds collected will fluctuate above and below the $3m mark. We also understand that display issues have prevented some investors from making deposits. In recognition of these factors, will will be leaving the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap. Let's not forget they would of started the project if they collected the minimum of 100K usd Greedy pigs is not far wrong. Now that they violated the terms of the ICO, I think we would be within our right to ask the escrow to refund us.
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EncryptoTel_Community
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May 10, 2017, 06:59:24 PM |
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The official word on this was posted and shared by our lead developer and CEO this morning in this post: https://medium.com/@encryptotel/encryptotel-crowdsale-ends-with-the-collection-of-3-million-e17a6bf4444bEncryptoTel crowdsale ends with the collection of $3 million!We would like to take this opportunity to say a very big ‘thank you’ to all of our supporters for making this project possible.The EncryptoTel crowdsale is over! The generosity of our investors and some extremely favourable market conditions have meant that we hit our $3 million cap before the formal end of the crowdsale. Demand for ETT proved overwhelming, and we are extremely grateful for all the support the community have shown us. In the coming weeks and months, we look forward to rewarding your commitment to us by working hard and disrupting a sector we believe blockchain technology has much to offer. The next step is a thorough audit of all deposits made during the course of the crowdsale, before the EncryptoTel Token is created on the Waves and Ethereum blockchains. You will appreciate that, as a one-off event, this is something that must be done right and can consequently take some time as the required checks are undertaken. Once this has been completed, investors will be able to withdraw their tokens from their crowdsale accounts. As a Waves token, ETT will immediately be available to trade on DEX, as well as Ethereum’s decentralised exchange. If you missed out on the crowdsale or were hoping to pick up more ETT, these are the best places to buy in the short term. We’ll be looking for further exchange partners and hope to announce additional listings as soon as possible. The cryptocurrency markets are extremely volatile at the moment, with BTC, WAVES, ETH and ETC experiencing significant movements in price. Due to this factor, it’s likely that the dollar equivalent of the funds collected will fluctuate above and below the $3m mark. We also understand that display issues have prevented some investors from making deposits. In recognition of these factors, will will be leaving the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap.Once again, thank you for your support and we look forward to a bright future together!
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leigh2k14
Legendary
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Activity: 1288
Merit: 1000
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May 10, 2017, 07:05:28 PM |
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The official word on this was posted and shared by our lead developer and CEO this morning in this post: https://medium.com/@encryptotel/encryptotel-crowdsale-ends-with-the-collection-of-3-million-e17a6bf4444bEncryptoTel crowdsale ends with the collection of $3 million!We would like to take this opportunity to say a very big ‘thank you’ to all of our supporters for making this project possible.The EncryptoTel crowdsale is over! The generosity of our investors and some extremely favourable market conditions have meant that we hit our $3 million cap before the formal end of the crowdsale. Demand for ETT proved overwhelming, and we are extremely grateful for all the support the community have shown us. In the coming weeks and months, we look forward to rewarding your commitment to us by working hard and disrupting a sector we believe blockchain technology has much to offer. The next step is a thorough audit of all deposits made during the course of the crowdsale, before the EncryptoTel Token is created on the Waves and Ethereum blockchains. You will appreciate that, as a one-off event, this is something that must be done right and can consequently take some time as the required checks are undertaken. Once this has been completed, investors will be able to withdraw their tokens from their crowdsale accounts. As a Waves token, ETT will immediately be available to trade on DEX, as well as Ethereum’s decentralised exchange. If you missed out on the crowdsale or were hoping to pick up more ETT, these are the best places to buy in the short term. We’ll be looking for further exchange partners and hope to announce additional listings as soon as possible. The cryptocurrency markets are extremely volatile at the moment, with BTC, WAVES, ETH and ETC experiencing significant movements in price. Due to this factor, it’s likely that the dollar equivalent of the funds collected will fluctuate above and below the $3m mark. We also understand that display issues have prevented some investors from making deposits. In recognition of these factors, will will be leaving the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap.Once again, thank you for your support and we look forward to a bright future together! How on earth is it over when your still collecting money until ICO closing 12:00 UTC, May 11 What about the 1M waves deposited after the 3M was hit? You have clearly violated the terms of the ICO.
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FandangledGizmo
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Activity: 1138
Merit: 1001
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May 10, 2017, 07:06:31 PM |
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Well it's official, they fucked everybody. congratulations. Imagine if the TKN crowdsale which reached their CAP in less than 30 minutes, said "oh by the way, we're actually going to leave the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap."
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Papajager
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May 10, 2017, 07:07:39 PM |
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Great news!) When will Encrypto add to the exchanges?
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DRPD
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Activity: 1148
Merit: 1001
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May 10, 2017, 07:10:55 PM |
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....
Once again, thank you for your support and we look forward to a bright future together!
well not with us and our customers then. we will sell our investement asap at any price on exchange no trust anymore in this company good luck all!
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Luzina90
Member
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Activity: 112
Merit: 10
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May 10, 2017, 07:15:19 PM |
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Gongratulation team project with more than success ICO! Good luck in development
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Papajager
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May 10, 2017, 07:16:27 PM |
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If the ETF is approved then it will be more than $ 4.3 million. I think that there will be pump BTC and ETH. Waves and Classic dumps
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FiliOrangGila
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May 10, 2017, 07:48:44 PM |
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If the ETF is approved then it will be more than $ 4.3 million. I think that there will be pump BTC and ETH. Waves and Classic dumps
fantastic in ico seling encryptotel collect 4.3 million dollar
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ldoudl
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May 10, 2017, 07:55:02 PM |
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Congratulation for the ICO Team
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muleman8
Member
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Activity: 121
Merit: 10
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May 10, 2017, 07:55:50 PM |
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The official word on this was posted and shared by our lead developer and CEO this morning in this post: https://medium.com/@encryptotel/encryptotel-crowdsale-ends-with-the-collection-of-3-million-e17a6bf4444bEncryptoTel crowdsale ends with the collection of $3 million!We would like to take this opportunity to say a very big ‘thank you’ to all of our supporters for making this project possible.The EncryptoTel crowdsale is over! The generosity of our investors and some extremely favourable market conditions have meant that we hit our $3 million cap before the formal end of the crowdsale. Demand for ETT proved overwhelming, and we are extremely grateful for all the support the community have shown us. In the coming weeks and months, we look forward to rewarding your commitment to us by working hard and disrupting a sector we believe blockchain technology has much to offer. The next step is a thorough audit of all deposits made during the course of the crowdsale, before the EncryptoTel Token is created on the Waves and Ethereum blockchains. You will appreciate that, as a one-off event, this is something that must be done right and can consequently take some time as the required checks are undertaken. Once this has been completed, investors will be able to withdraw their tokens from their crowdsale accounts. As a Waves token, ETT will immediately be available to trade on DEX, as well as Ethereum’s decentralised exchange. If you missed out on the crowdsale or were hoping to pick up more ETT, these are the best places to buy in the short term. We’ll be looking for further exchange partners and hope to announce additional listings as soon as possible. The cryptocurrency markets are extremely volatile at the moment, with BTC, WAVES, ETH and ETC experiencing significant movements in price. Due to this factor, it’s likely that the dollar equivalent of the funds collected will fluctuate above and below the $3m mark. We also understand that display issues have prevented some investors from making deposits. In recognition of these factors, will will be leaving the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap.Once again, thank you for your support and we look forward to a bright future together! I work in the telecoms sector and for one was looking forward to possibly working with you guys and pushing this product to my customer base. After this now I will simply sell my tokens on the exchange and be done with you. I am sorry but I bought in with the trust that there would only be $3M tokens sold. You have broken that trust. Whether there were issues or not with people able to deposit that should not matter because you have hit the $3M cap anyway!
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BitcoinBaBa
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May 10, 2017, 08:00:31 PM Last edit: May 10, 2017, 09:31:40 PM by BitcoinBaBa |
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Wait a minute the ICO is still going on?
3 million hard cap has been thrown out the window?
What a pity. They have been ticking all the right boxes until now.This one wrong decision changes everything. It shows their words can't be trusted.
All the trust and reputation will be lost if they don't rectify this blunder.
Wouldn't surprise me if people start demanding refunds for blatant breaching of ICO terms.
Coming perilously close to being called a SCAM.
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DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
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May 10, 2017, 08:08:38 PM |
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The official word on this was posted and shared by our lead developer and CEO this morning in this post: https://medium.com/@encryptotel/encryptotel-crowdsale-ends-with-the-collection-of-3-million-e17a6bf4444bEncryptoTel crowdsale ends with the collection of $3 million!We would like to take this opportunity to say a very big ‘thank you’ to all of our supporters for making this project possible.The EncryptoTel crowdsale is over! The generosity of our investors and some extremely favourable market conditions have meant that we hit our $3 million cap before the formal end of the crowdsale. Demand for ETT proved overwhelming, and we are extremely grateful for all the support the community have shown us. In the coming weeks and months, we look forward to rewarding your commitment to us by working hard and disrupting a sector we believe blockchain technology has much to offer. The next step is a thorough audit of all deposits made during the course of the crowdsale, before the EncryptoTel Token is created on the Waves and Ethereum blockchains. You will appreciate that, as a one-off event, this is something that must be done right and can consequently take some time as the required checks are undertaken. Once this has been completed, investors will be able to withdraw their tokens from their crowdsale accounts. As a Waves token, ETT will immediately be available to trade on DEX, as well as Ethereum’s decentralised exchange. If you missed out on the crowdsale or were hoping to pick up more ETT, these are the best places to buy in the short term. We’ll be looking for further exchange partners and hope to announce additional listings as soon as possible. The cryptocurrency markets are extremely volatile at the moment, with BTC, WAVES, ETH and ETC experiencing significant movements in price. Due to this factor, it’s likely that the dollar equivalent of the funds collected will fluctuate above and below the $3m mark. We also understand that display issues have prevented some investors from making deposits. In recognition of these factors, will will be leaving the crowdsale open for a final 24 hours, before closing it for good. We consider this the fairest way of ensuring investors all get a chance to commit funds, without unduly diluting our market cap.Once again, thank you for your support and we look forward to a bright future together! I work in the telecoms sector and for one was looking forward to possibly working with you guys and pushing this product to my customer base. After this now I will simply sell my tokens on the exchange and be done with you. I am sorry but I bought in with the trust that there would only be $3M tokens sold. You have broken that trust. Whether there were issues or not with people able to deposit that should not matter because you have hit the $3M cap anyway! welcome to the club, exact same situation for us. the ET team don't understand that trust is absolut crititcal in this business. how can we recommend a company changing plans allready at this stage? how can we ever be sure again that the team will not change plans in future? and we are talking about encrypted secure communication. trust and credibility is a must! the ET solutions just lost at least 10 companys with 20 -100 employees working as asset managers - good job but i guess they don't care anymore
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xeqoRameshAxueamExaqana
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May 10, 2017, 08:40:53 PM |
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Great news!) When will Encrypto add to the exchanges?
you must wait untill encryptotel coin distribution
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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May 10, 2017, 08:42:28 PM |
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Wait a minute the ICO is still going on?
3 million hard cap has been thrown after the window?
What a pity. They have been ticking all the right boxes until now.This one wrong decision changes everything. It shows their words can't be trusted.
All the trust and reputation will be lost if they don't rectify this blunder.
Wouldn't surprise me if people start demanding refunds for blatant breaching of ICO terms.
Coming perilously close to being called a SCAM.
We should contact the escrower and ask for a refund as they clearly violated the terms of the ICO
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FandangledGizmo
Legendary
Offline
Activity: 1138
Merit: 1001
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May 10, 2017, 08:57:20 PM |
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Wait a minute the ICO is still going on?
3 million hard cap has been thrown after the window?
What a pity. They have been ticking all the right boxes until now.This one wrong decision changes everything. It shows their words can't be trusted.
All the trust and reputation will be lost if they don't rectify this blunder.
Wouldn't surprise me if people start demanding refunds for blatant breaching of ICO terms.
Coming perilously close to being called a SCAM.
We should contact the escrower and ask for a refund as they clearly violated the terms of the ICO What are the details of the escrower? Their reputation could be ruined too if they release the funds to encryptotel given the clear violation.
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haronov
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May 10, 2017, 09:05:56 PM |
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Thanks to the team for the work and the prospective EncryptoTel project, the fact that the necessary amount has already been collected means that the ICO is already closed today or will continue until the end of this week.
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Sasukeevil
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May 10, 2017, 09:09:00 PM |
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Wait a minute the ICO is still going on?
3 million hard cap has been thrown after the window?
What a pity. They have been ticking all the right boxes until now.This one wrong decision changes everything. It shows their words can't be trusted.
All the trust and reputation will be lost if they don't rectify this blunder.
Wouldn't surprise me if people start demanding refunds for blatant breaching of ICO terms.
Coming perilously close to being called a SCAM.
We should contact the escrower and ask for a refund as they clearly violated the terms of the ICO What are the details of the escrower? Their reputation could be ruined too if they release the funds to encryptotel given the clear violation.
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xeqoRameshAxueamExaqana
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May 10, 2017, 09:09:46 PM |
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Wait a minute the ICO is still going on?
3 million hard cap has been thrown after the window?
What a pity. They have been ticking all the right boxes until now.This one wrong decision changes everything. It shows their words can't be trusted.
All the trust and reputation will be lost if they don't rectify this blunder.
Wouldn't surprise me if people start demanding refunds for blatant breaching of ICO terms.
Coming perilously close to being called a SCAM.
We should contact the escrower and ask for a refund as they clearly violated the terms of the ICO ico selling is succes , over 3 million dollar, so i think not refund, because project still run and work refund if ico selling not reach minimum target, minimum target in ico selling only 100k dollar
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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