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Author Topic: Filecoin Presale Raises $52 Million Ahead of ICO Launch  (Read 1453 times)
itsonlikedonkeykong
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August 11, 2017, 11:00:37 PM
 #21

So impressed! Cryptocurrencies are having their Netscape moment.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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August 12, 2017, 03:27:12 AM
 #22

Why do you think, is it worth it or just ridiculous price for such a project?

Storage is already dirt cheap and very difficult to make profit on. How ever, the use cases are end less. If they get their game right, they could have lot of margin while providing high availablity storage at ridiculously less $ per gig. My only worry is that, they raised too much too early. No company ever wins by doing that. It just instills bad spending habits like the guys at juicero (who built a juicer machine that costs $800 and can be replaced by just using hands).
This is my issue as well, satoshi did not need any kind of economic incentive to create bitcoin and then someone is going to try to convince me that this guys need 52 million and that is not even the ICO sale, the ICO sale is going to be successful for them but not so much for investors.

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August 31, 2017, 10:56:17 PM
 #23

Remember what George Carlin said its a big club and you're not invited.


All the money from this will go to the developers and venture capital and small investors will have a dumping coin to bag hold. Meanwhile community projects that are multiple times better tech like XtraBytes that does storage as just one of its features is at 7m marketcap. Not for long suckers..

Wish I had jumped on that one. Started small and still is but what an amazing return. Wow
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