You should hire
https://twitter.com/Vindyne8 to promote the ICO, i invest around 8k USD and i feel uncomfortable with that. I really thought the acceptance would be higher, but nobody is buying on Ccex.
We need a plan B, before you release the bounties, once you do that people will dump till 300 sats, and we will lose 10x our money, please help us to protect our invest, place buy walls, the project is good, but volume on Ccex are so low, as one guy say Yobit should be better option, people on Yobit have more money than people on Ccex.
Yes, I see your point.
We placed ~0.4 BTC (Added it in as we raised it) at the 2500-3000 range but they got bought. It’ll be hard to place enough that will have an impact as we raised so little.
The good news is that we will be taking our ICO funds off the market this coming week. That will leave less than 1m SVC on the market and we will not be introducing anymore (inc. from Dev’s) anytime soon. And certainly not below 3000 sats.
The second thing is that the bounties will total maximun 100k SVC and it’s spread over 600+ people, with the vast majority holding less than 300 SVC each. (If 100k gets sold at 300 sats that will equal 0.3 BTC sell pressure, so it's only 0.3 BTC to 3 BTC total sell pressure, outside of investors selling for a lost.)
I share your concern about the bounty hunters dumping but they’ll receive so little BTC right now for the trade that I hope many will see it’s just better to hold and see what happens vs selling for next to nothing.
If we do crash down, know that it’s just a weak quick steam of coins that will quickly dry up and the investors will be the only ones left selling on the market. There should be no sustained sell pressure below 3000 sat after the bounties are done so things should rebound quickly.
Part II: Post-bounty payout.
The next 2-3 months will be focused on advertising and connecting with our different marketplaces.
We have 3 main markets.
1. Crypto
2. Alternative Media
3. Internet Marketers
Our primary marketplace are the truth seekers, the alternative media and those who understand that if the world continues to trend for the next 20 years like it did for the last 20, your coins aren’t going to matter anyway. (And no banker coin, game coin or storage coin is going to change that.)
This is a huge, growing and ultra motivated group of people and we have no competition in that marketplace as opposed to crypto, which is nothing but competition. (And they haven’t even seen us yet)
If possible I suggest hold. We have just begun, we have a big plan and the world is rapidly coming toward us.
Plus: We still have all the usual items on our do do list... such as new exchange listings, Ardor migration, New crypto promotions (maybe Vindyne8), Start of the Truefreedom series (We already have 16 videos completed for this), new website/video.
SilverCoin will be $1+/coin, the only question is time.
