Crazymoon (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 104
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:22:46 AM |
|
Gnosis "CROWD SOURCED WISDOM" After Poloniex announced that they are going to add gnosis on their twitter it started drama all over. People actually got screwed up for paying 31.25 USD per token, and now adding on an exchanging sites which people gonna dump the price so hard. Also bitmex just announced , also what's been written on reddit ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F3kSuxKl.jpg&t=665&c=Y0IB2CXjtMmWhA) What's your opinion on this?
|
|
|
|
misterbones
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 182
Merit: 100
Trader*Investor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:27:41 AM |
|
I am going to mega short Gnosis on Bitmex and make some money and then buy gnosis at 1 usd
|
|
|
|
ttookk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:32:05 AM |
|
It's funny how this correlates with the general idea about "wisdom of the crowd" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
|
btcdamnit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:35:26 AM |
|
Glad didn't invested.... I knew something was fishy 🐠
|
|
|
|
ttookk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:38:27 AM |
|
The way it was set up fit perfectly in their proposed style of thinking: Let the crowd figure it out. Too bad the crowd was in a black friday mood, apparently. The only blame I'd have to give to the dev team would be, that they could have given a different entry point, e.g. a minimum of 50%/70% of all tokens will be distributed. Apart from that, the crowd decided. The dev team can't be too happy themselves. Now they sit on 95% tokens which are pretty much worthless.
|
|
|
|
misterbones
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 182
Merit: 100
Trader*Investor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:05:18 AM |
|
The new blood in crypto is made of fools who don't know what they are doing .
|
|
|
|
VeiweiLo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:11:20 AM |
|
old coin or new coin dev
|
|
|
|
candrammm
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 206
Merit: 100
research > buy on dip > and HODL
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:12:20 AM |
|
|
|
|
|
axrhuls
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:13:20 AM |
|
Noobs panic bought, hilarious, GNO is not worth 300 million, its prototype Augur is worth 151 million right now. I hope they will panic dump to 1 usd. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
cryptonia
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:24:55 AM |
|
Why did the developers even leave open the option of this happening?
(a) they are stupid? (b)they were trying to scam?
What options have I missed?
|
|
|
|
ttookk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:41:22 AM |
|
Why did the developers even leave open the option of this happening?
(a) they are stupid? (b)they were trying to scam?
What options have I missed?
(c)they built a platform which is based on the belief in the wisdom of the crowd, meaning, in an ideal world, the buyers would determine the price by their actions, and they decided to apply this belief in the ICO as well.
|
|
|
|
cryptonia
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:48:19 AM |
|
Why did the developers even leave open the option of this happening?
(a) they are stupid? (b)they were trying to scam?
What options have I missed?
(c)they built a platform which is based on the belief in the wisdom of the crowd, meaning, in an ideal world, the buyers would determine the price by their actions, and they decided to apply this belief in the ICO as well. Is the platform built on the wisdom of the crowd or on mans propensity to gamble?
|
|
|
|
Dlugina23
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:50:01 AM |
|
I hear about gnosis in icocountdown or simillar side.
|
|
|
|
Crazymoon (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 104
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:56:09 AM |
|
This will be super bad for the ICO investors. Starting at like $300 mil market cap ... and it's just not worth it $30 for a token, I don't know why people fell for this but yeh it is what it is. + devs own like 95%, it's just super bad...
|
|
|
|
d.kevin29
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 112
Merit: 72
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 10:59:29 AM |
|
As long as there was a Gnosis altcoin that went dead years ago and I can find nothing about it (except news about Polo adding the coin to their exchange), something is fishy for sure and this is just further proof that it is a bad idea to invest in it.
It's a dead coin and nobody will ever revive it. Yes, it will be temporarily revived for a while until the dump comes in and imvestors will not even be able to get 20% of their invested sums. The price goes up and will keep going because of the people panic buying at the moment. When all this "hype" stops, it will be a failure. I will not put a single penny in this coin.
|
|
|
|
Crazymoon (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 104
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 07:23:27 PM |
|
As long as there was a Gnosis altcoin that went dead years ago and I can find nothing about it (except news about Polo adding the coin to their exchange), something is fishy for sure and this is just further proof that it is a bad idea to invest in it.
It's a dead coin and nobody will ever revive it. Yes, it will be temporarily revived for a while until the dump comes in and imvestors will not even be able to get 20% of their invested sums. The price goes up and will keep going because of the people panic buying at the moment. When all this "hype" stops, it will be a failure. I will not put a single penny in this coin.
This is new Gnosis, that one is completely different from this one.
|
|
|
|
ttookk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 25, 2017, 09:56:01 PM |
|
Why did the developers even leave open the option of this happening?
(a) they are stupid? (b)they were trying to scam?
What options have I missed?
(c)they built a platform which is based on the belief in the wisdom of the crowd, meaning, in an ideal world, the buyers would determine the price by their actions, and they decided to apply this belief in the ICO as well. Is the platform built on the wisdom of the crowd or on mans propensity to gamble? Both. The underlying idea is, that since you want to win, you choose the outcome you believe is most likely to appear, instead of what you hope will happen.
|
|
|
|
Snail2
Legendary
Offline
Activity: 1512
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 26, 2017, 11:14:04 AM |
|
Failures like rational bubbles (stock market bubbles) are also part of the theory. I think we've seen a nice example for that part ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
|
|
|
|
tehMoonwalker
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 26, 2017, 12:56:46 PM |
|
i dont understand the crypto crowd, seems all you have to do is scream ico buy my shit and ure have the opportunity to be rich, and people throw money at ur ass without thinking...
|
|
|
|
|