Gnosis

[BiTZeD]

I repeat it another one time here. An ICO, so weird, not even publicly presented here, so short should raise all the red flags... Dumber the trap is greater is the number of people rushing in it it seems...

[thecryptoconsultant]

Hi all,

I agree it was kind of a weird ICO, maybe we should wait for some more explanation, maybe the Gnosis team will provide some explanation in this thread.

This was the first Dutch ICO on Kraken, the posts about the Dutch method of ICO was not well explained on the Kraken blog. Kraken likes to be short in their descriptions / explanation, but this was an all time short explanation.

To me all it means is that there is a crazy amount of hype surrounding prediction market ICOs and ICO in general now. I mean "The legends Room" trying to raise 15 m for a strip club in exchange of Token ...

I hope the Gnosis team once they wake up from the big post ICO party. Will use some of the 300M for marketing purposes so the price don't reach the 1.5 USD per token mentioned earlier.

 

[thecryptoconsultant]

Thank you crazy moon for opening this thread !

and Yes these were my first and second posts

The Crypto Consultant

[Crazymoon]

We will see overall how it will perform, once Poloniex & Bitmex adds it. I think if it was only on Poloniex it would've skyrocket the first 1-2 days and after that dump fiesta but when you add on 2 exchanges at the same time it will be a bit sketchy. IMO this is why u should never trust any ICO, no matter how legit the devs are, they can do whatever they want after getting all these investments.

[thecryptoconsultant]

The white paper was published 3 weeks before the ICO : a very fresh idea ...

[VanDeinsberg12]

If dash that is a total scam can be 100$ where devs have 99.9999% of total supply, GNO can be 1000$

That means if gnosis is a real competitor for bitcoin, Is it true? over 95% shares have owned by the dev, they have a future exchange such as bitmex, and polo will be the first one for gnosis.
With early started and will be tradable on major exchange site.

Early traders must pay a lot for this.

[2Pac]

They sold all coins in only 4 minutes. At the same time people complain about the site doesn't even open. When people refresh surprisingly they said all coins are sold. They value the project 300 million USD but they raised only 12.5 million USD. They sold 1 Gnosis for 30 dollars and now it worths 1 dollar. I think this coin is too dangerous to play, even for daytrading.

[SkrillexLegit]

95%  the gnosis team..I think that's all it says

[template]

https://bittrex.com/Market/Index?MarketName=BTC-GNO   0.03500000

[steamon]

To by honest after 1 min looking I already see this was sketchy. The high starting price and the extreme fast sold out. I hope people think better in the future. TaaS is a lot more realistic with 1$ per token. Lets see where this one goes in a few months. If its true that the devs hold so many coins then this project is not trustable. But I have not checked deep sources so not gonna confirm that here.

[dranster]

GNO can hit 100 dollars soon token supply is 500k coins market cap is just 20m,can go 5x from here

[ifightformerkel]

GNO can hit 100 dollars soon token supply is 500k coins market cap is just 20m,can go 5x from here

GNO is now 72 Dollar worth, it can easy hit 300-400 Dollar imo.

[cryptohunter]

GNO can hit 100 dollars soon token supply is 500k coins market cap is just 20m,can go 5x from here

GNO is now 72 Dollar worth, it can easy hit 300-400 Dollar imo.

Sure insider scams that are easy to manipulate can pull crazy numbers.

Worth 50cents max.

[gollygosh]

As a certain general in WW2 said, "NUTS"

[btcdiggingmaster]

GNO can hit 100 dollars soon token supply is 500k coins market cap is just 20m,can go 5x from here

GNO is now 72 Dollar worth, it can easy hit 300-400 Dollar imo.

Why the price of GNO is far higher, I hear many people are showing not interested about GNO and making noise as it is one biggest scam in the year 2017. Does this really give profit to the investor who invested in GNO ICO?

[Crazymoon]

Investors already trippled their money, they bought at $30 now it's $90 + raising. It looks like a ZEC, but we will see how far will GNO follow the ZEC path.

[c789]

Investors already trippled their money, they bought at $30 now it's $90 + raising. It looks like a ZEC, but we will see how far will GNO follow the ZEC path.

Yes, investors have done well, but ZEC started high and has gone down since. ZEC won't recover since it required a trusted setup, and nobody who wants a private coin is going to trust a trusted setup. OTOH, GNO looks to be leveling out due to the BTC rise and when things settle down will probably continue to increase in value.

[thecryptoconsultant]

Not much reaction from The Gnosis team, they made a comment on coin desk to say that they are happy.
Today when Gnosis was above 90 USD the total cap was 1 billion and the white paper was issued less than a month ago...

Most of the market prediction coins have crazy highs at the beginning, then go down, same will happen with Gnosis.

It would be great if some people involved in the project commented about why such capitalisation makes sense here.

[mademerich]

Hi.

How to mining GNO or what?

It is not mineable, everything was distributted during the ICO where due to the terms of sale the majority was kept by the founders instead of the funders.

[Genesis1337]

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...

https://www.youtube.com/watch?v=vdaW8NtJXuQ

Andreas Antonopolous makes some fantastic analogies related to the amount of money pouring into ICOs currently in dat video