For you is BS for others reality
The main problem with this ICO was that most of coins was sold to people who does not know shit about crypto and how all this works. Viberate sold coins to group of close friends whe believed it will be x10 or x20, because hypers told them it will be like this. They do not understand of holding and wait for something to happen and to make x10 or x20. They want money fast, because they were told they will get it. And there's the dissapointment for them. A lot of them already talking how it was over hyped in Slovenia.
For successful ICO you need to attract people that understands the purpose of it and wait for something to happen. Hypers did their job good, but made this coin to be where it is now. Would be better to focus on doing actually something than hypeing friends they will get rich
Also, all news and braging around how this ICO was sold in 4 min is the biggest BS ever
.
This ICO was sold out long before ICO started and announcing how you guys made it in only 4min is the biggest BS. Viberate sold aroiund 1mio$ in 4min.... but not the whole ICO.
Viberate just might be ready for some investigation and report if you ask me.... Scamming people with false info is a big crime.
Greed from Viberate team was so big that this will sooner or later get back to them.... one way or the other.
Now go dream back and do what yo udo best and call me hater
I don't mind.
Cheers girls
Let me ask you something.
Despite the fact that they are bragging about 4min42s and that actual sale was around 1mio. What is your opinion on fact that a lot of additional funds were send which they returned?? Apparently there was over 20mil they returned. From my perspective it is a sign of big interest in ICO even if they did non-public pre-sale and it is clear that they would sell it in minimum time the whole ICO.
Let's change perspective for a second and step in their shoes. You are working on your own ICO and ofc you are raising funds you need to kick-off your project. Would you say no to ppl who want to invest in your project? No ofc not. You can say "yes they can do it over ICO..." but if you had ever done business in your life you know that you grab a chance when you see it especially if ppl waving with money. You don't say "ohh you are interested, ok, WAIT for ICO...". If you ever went out to pick up a girl(I hope you did
) and you had girl interested in you and there was a chance for ONS did you grab it or you said "WAIT" I'll be ready tomorrow?
Same goes for them. They didn't have to hype ppl into investing because from my research they are respected ppl in Slovenia and I believe DJ Umek(if you know who he is and what career is behind him) is not that stupid to get involved into something that could destroy something he lives for and worked for last 20 years.
So calling them scammers and hypers and other names might not be appropriate and from my perspective either you don't understand business in general or you are simply jealous for some reason.
On top of this I guess you know hot to check initial token holders wallets and you will see that a lot of bigger holders are still holding and some of them even bought more. And majority are from "pre-sale" so go figure why. And majority of those few who got in at ICO did sell.
I see this as these guys still believe in their project.
I'm one of those who were left out and did buy some yesterday at high price and know that sooner or later it will pay off.
I might be wrong at my analysis and I agree with you that they did f*ck up with private pre-sale but as investor I understand and would probably do the same. Only that now I would make it public somehow
.
Would love to hear your opinion on my theory.
Doing business right is one thing, doing ICO right thing is other thing.... picking up girls is completely different thing
If you know how ICO works and how to do it properly you wouldn't be asking me this.
If they collected money from friends and closed private groups, they should do some pre-ico or whatever. ICO is crowdfunding and should be open for people and who comes first gets it. What they did with ICO is wrong and from all persepctives it's a fraud what they did. And do not understand that they went that way. But it seems money is over anything. I'm not saying Umek is scammer, the whole team decision, selling ICO with pre collected money and put 9mio in first block they reserved for themselves is far from what ICO is all about. So saying we sold ICO in 4min is wrong, since they sold aprox. 1mio$ in 4min. This ICO would be sold very fast, probably in an hour or 2.... maybe bit more. But they were affraid not to get in, because there were a lot of people waiting for this ICO. So they did what they did. By doing this move, they lost credibility.
I never said this project is bad, it's just how they did it is wrong.
As for who hold VIB's for later or who sells now its decision of each holder/trader. I never said this is bad project... It's just bad decision from the team for doing such a bad move on ICO. As I said before.... if this would go under investigation... would end up very bad. So no idea why they did it this way at all. That's why China banned ICOs and want to regulate them and many other countries will follow... because of ICO's like this one.
I wish all the best for this project and as I know many holders and want to see them get rich... driving lambos and porches and whatever they thought they will drive by earning with Vib's
Cheers
