[SNT] Official Status Network Speculation

[omnik]

Can anyone tell me, what the inflation rate and the max supply of SNT is?
Unfortunately, I cant find reliable informations....

Please check the white paper.

It is a token, not mine-able coin, then there is no inflation. Max supply, circulating supply, etc. can be found in coinmarketcap also.

https://coinmarketcap.com/assets/status/

Most of the assets are not mineable, The basic thing that the status has used the ethereum network as the main platform that means it depends on the ethereum, and the inflation still happen in the ethereum. 

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[Antivoid]

I bought at ICO and didnt sell. Now i think i should buy some more. I am not sure if it is a good idea. But i think a few more Coins cant be too bad
In my Opinion x2 or x3 should be doable.

some coins x20 or x30 in such a long time from ico to now, snt is really scam in the point of market price, maybe most people lost their interest as the team increase the hard cap of ico

[itsv]

I think the price will bounce back .. .bought at ICO and didnt sell. The important thing is the project is active. This is definitely under the radar though.

We'll see what happens after they release their app

[JaFa]

I don't think the dumper is even active anymore, based on the low daily volume.  What dumps there are seem to be spontaneous or tied to bitcoin drops, which indicate it's just traders losing patience and leaving the SNT market.  Once the weak hands shake out there will be a rebound, but no one is going to buy until the price stops dropping.  Why would anyone buy now when you can wait and buy more later?

[JaFa]

Actually I just bought lol.
Why? I believe in the project and I think 73m$ at this moment is well undervalued.
Maybe goes lower....maybe not. But I believe the project will take off in 2018 so it doesn't really matter to me

Oh don't get me wrong, buying now is a great time to do it.  The price is pretty much half the ICO.  I'm kicking myself for buying at just under ICO price, but I had no idea SNT would fall this far.  What I was referring to in my statement is that most buyers aren't going to enter the market until the dumpers and weak hands shake out first.  Of course when the price does rebound, I have a feeling it is going to rebound quickly.  So it really is a game of guessing bottom.

[BitPACK]

I added some to my bag, too.
This will be one of strongest token of 2018.

[krazy89]

I added some to my bag, too.
This will be one of strongest token of 2018.

sad i bought it early  the price is so cheap right now , perfect entry now guys . SNT gonna go big next year , dont miss the train 

[thangoffshore]

Can anyone tell me, what the inflation rate and the max supply of SNT is?
Unfortunately, I cant find reliable informations....

Please check the white paper.

It is a token, not mine-able coin, then there is no inflation. Max supply, circulating supply, etc. can be found in coinmarketcap also.

https://coinmarketcap.com/assets/status/

Most of the assets are not mineable, The basic thing that the status has used the ethereum network as the main platform that means it depends on the ethereum, and the inflation still happen in the ethereum. 

IMO, his question on inflation rate is something relating to increase of supply. I did not think that could be the way you explained. 

[feranenem12345]

Lolololololololololol!!!!!!
Shitest coin I have ever seen. Thank God I sold at 1040 sat.

I told you to sell and buy Golem, but you did not listen to me.
I told you to sell and buy EDG, but you did not listen to me.
Now I tell you to sell and buy KMD, but you will not listen to me.

Lol.

[Mvnzv]

Wait Q1-Q2 2018 and moon
I bought at ico and sold at 3356 on Cryptopia
Now waiiting to re-buy

[khufuking]

Hmm after getting out of this coin, lucky me just before the major drop ( got out almost breakeven) , I keep find my self coming back looking at this coin again , I feel there is something big coming but looking back at how this coin reacted in the past make me get a cold feet , But still considering the price this coin at now the risk is not very big compared to the potential profit . The coin right now is half ico price how far low can this coin go in worst case! unless this project is totally scam which I do not think it is , The answer is not really far.

[Revelations86]

I bought for 2x ICO price.   Does anyone know why this is tanking?

[thangoffshore]

Lolololololololololol!!!!!!
Shitest coin I have ever seen. Thank God I sold at 1040 sat.

I told you to sell and buy Golem, but you did not listen to me.
I told you to sell and buy EDG, but you did not listen to me.
Now I tell you to sell and buy KMD, but you will not listen to me.

Lol.

Don't laugh out loud too soon, you day trader.

Same as people out there calling BTC is a pyramid scheme and worth 0, then laugh out loud when the price going down.

[Doomzoom]

ICO is over, what are your think about realistic future price in 1-2 years?

[rafzalan]

I remember at ico when i read wp, really find this project, full of creative ideas, it belongs to future.
I think you should be more patient, may be it longs more than a year.
ethereum itself is so young, even we see many doubts in btc, and status is very related to ethereum, so at this time it is hard to see a stable upwarding price for status.
Real believer in ethereum should hold some Status for future.

[krazy89]

I remember at ico when i read wp, really find this project, full of creative ideas, it belongs to future.
I think you should be more patient, may be it longs more than a year.
ethereum itself is so young, even we see many doubts in btc, and status is very related to ethereum, so at this time it is hard to see a stable upwarding price for status.
Real believer in ethereum should hold some Status for future.

lets wait for the product comes out , price means shit at this stage.

[JaFa]

Lolololololololololol!!!!!!
Shitest coin I have ever seen. Thank God I sold at 1040 sat.

I told you to sell and buy Golem, but you did not listen to me.
I told you to sell and buy EDG, but you did not listen to me.
Now I tell you to sell and buy KMD, but you will not listen to me.

Lol.

Oh thank you for your advice. I will surely sell all my SNT and buy what the random guy on a forum told!

But random internet guy is well versed in the moon and knows how to get there, so you must believe him and sell all your SNT to the price manipulators

Seriously though, it looks like the dumpers aren't going any lower than 580-600 sats, and the volume is drying up so that means few others are foolish enough to sell at these prices.  A least the good thing with tokens is that we don't have to worry about miners dumping, further pulling down the price, but until we get something positive to build upon we might be stuck at this price for awhile.

I do wish the devs would at least acknowledge on their official channels the price manipulation going on.  I've seen many scam coins over the years, and the SNT sell off we've seen these last few months resemble those scam coins pretty closely.  Running a successful crypto project is more than just building a quality product.  There is a symbiotic connecting between the project and the market price.  Protecting the investment of the early adapters is just as important as building a quality product, because once a project gets labeled a scam it can be hard to ever recover from that reputation.  The devs screwed up by releasing so many tokens at such a high price for an ICO.  It was a short term profit grab that could end up having long term repercussions.

[Zakhal]

I dont think its a scam because since the beginnig there has been multiple app projects based on status. Also the devs do some updates in social medial, its not like they ran off with the money. I think the current low price is just speculation. Also there were lots of whales in the ICO. Maybe they sold all their tokens because the coin proved to be bad in short term and that caused the price to go down. They will buy them back once release deadlines are closer.

https://blog.status.im/status-development-update-for-18th-20th-september-9971c8b181df

[lordzc]

I sold my lost luck hope. I will continue to add ETH. I hope I make a mistake.

[povar-prod]

I bought them to 0.00000900 unfortunately, I will keep to the last, hope dies last