does this subscription adjust itself to BTC price changes or is that flat, no matter what happens?
Subscription is fixed in BTC value for the time being while coin rates are tied to it. We prefer to think that 1 BTC = 1 BTC.
Somewhat troublesome. If 1BTC = example 400USD today it could be 2k USD tomorrow; done this way that means if it were priced 1BTC that I'd be paying 400/per month one month 700/next month 2k/next month (exaggeration) so if the 'flat price' doesn't adjust based on real world values then it's technically not pricing itself accurately; we could be overpaying or underpaying.
How much of a discount am I actually receiving if I purchase tokens during the presale and not afterwards?
Depends entirely on the post-ICO market, but we're going to help with that by limiting the supply over time, please see our ICO page, Post-sale supply maintenance section for details on how we plan to burn tokens.
I've read the ICO page in-depth, it's my understanding that is lacking.
The bot tells you ONLY when the pump is happening at that moment … + It gives you information on every single coin,
Or rather it brings your attention to something you might never notice because you cannot observe all the markets all the time. Perhaps disabling entire exchanges from your profile could help with not receiving signals about certain coins. We’re not saying the interface to the bot is perfect, but there’s a workaround.
True, it does bring attention to things I haven't noticed; due to not being able to observe all markets at the same time. But is that worth a price that could be $24 today , $50 - $150 tomorrow? It's not hard to program a bot that does this; your bot saves the work of someone coding it themselves; and that's a great thing. But.... how accurately is the bot priced to reflect the actual value it is offering?
As a side note, I have already disabled exchanges I'm not using; disabling the exchanges doesn't work. I use Poloniex AND Bittrex; and those are the only two exchanges I have up there. That workaround does not work well enough to be considered a true workaround.
it doesn't tell you when a dump is happening and doesn't send any signals right before it.
Yep, that’s maybe the top feature requested by the users and it’s on our list. But while it’s missing you can still create your own price threshold alerts in the bot for specific coins, so if you want a warning, you will get one if you set it up.
The problem with that is that I pay ~$100 yearly for a service that already sends me alerts on the specific coins I want at the price I want. Coinigy. I tried Cryptoping for that and realized if I was manually setting it; that I was getting the same alerts I get from Coinigy. What set this bot apart was that it had a bot that was already scanning the market so that I didn't have to manually set those indicators.
The bot tells you ONLY when the pump is happening at that moment
We respectfully disagree. As we previously posted here on this topic, the bot reacts to a number of factors, and it might send you signals about a coin for days before any pump actually happens. For instance, one-time price spike from a large buy, that is inconsistent with the trend, is not a pump, but can trigger a signal. Even then, considering current state of markets, pumps are happening all over the place, and things are moving too fast, and we understand where that “post-pump” signal impression can come from.
I agree. But the bot isn't clear on this/doesn't differentiate as far as I understand it. It just says Signals: 2/7d, or 1/7d, there is no explanation on what that actually means if that is how it does this, and there's no guide to explain how to interpret those signals either. At best it's good for observation and monitoring, but my problem with this is, it is not hard to monitor a market based on volume using a bot, bots are all over the place monitoring and triggering execution/buy and sells based on that type of data. What is hard, and what to me would differentiate this project (other than the fact that it's one of the only ones marketing itself and trying to get people to purchase it) would be it's ability to actually observe, monitor, and clarify what you've just said here; because that's not clear. Other than just telling me when X has occurred overtime.
not sure if I want to pay X amount of money per month just to be told a pump has happened in coins I'm already watching and getting alerts for via coinigy.
You don’t even have to pay anything yet, because the bot stays free until ICO finishes and then some time after, and also because it will have a free tier that might suit you just fine. If Coinigy works for you better, then great! We love it and use it too. However, as we see it, if the bot doesn’t help you, you’re not required to pay for it and use it, but if the bot signals help you with your trades, then subscription fee is small enough to keep the service easily available to you.
I'm thinking long-term in the future. I realize I don't have to pay anything yet, but I'm asking these questions here because I am on the border. I know I don't have to pay anything, and am aware there is a free-tier, but I'm questioning it's (fluctuating) value to help determine my own decisions.
I was interested in the ICO, but had some concerns before buying in. Since there is a free-tier it might be better to wait and see how this project grows. Either way I'm interested and watching closely for improvements.
Until someone can explain to me exactly specifically how to profit from the bot I am going to hold of investing and will continue to test it. I do like getting signals about large volumes of BUYS on a particular coin but as they say you have to use your own systems judgement etc so these are not specific buy signals really just info that may or may not make you any money.
One of our goals with this project is to bring more people to crypto and help them learn how to trade, with or without the bot. We keep getting asked about it a lot and we are working on basic guides on how we would recommend to use the bot, and intend to release them soon.
Next stop in that quest is the social trading platform for altcoins, which is on our roadmap. In short, you’ll be able to follow other traders and receive filtered signals, and with that get more insight into what works for you and what doesn’t.
Thank you for voicing your concerns and the discussion!
This is what I like about CryptoPing because this is my mission as well. I see it as a tool that could possibly help me help others in the future without developing my own platform; but at the same time. I have concerns that seem to be remedied by just sitting back and watching the project grow. It has potential.