stupid_seb
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September 28, 2017, 05:29:18 AM |
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Binance effect.
Binance is a shit trading platform, pump and dump and so on... China at its best...
Getting on Binance and letting this exchange make the most volume is ALWAYS a mistake. (Other coins, same story...)
Binance is perfect as a supplement after a bittrex or something big. Not to start...
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dennyd999
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September 28, 2017, 05:43:09 AM |
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I also think so.
Terrible mistake to add new coin on China exchange when Neo FUD "over".
I still hope Kyber team will be better with timing.
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dennyd999
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September 28, 2017, 07:09:37 AM Last edit: September 28, 2017, 07:34:02 AM by dennyd999 |
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Still bliding..even in salary day and month end..When literaly all market is waked up..
Fuck my expectation seems too high. I thought to see something similar to ZRX at least.
Zrx was really good in timing and adding to exchanges. Maybe because their team members is exCoinbase managers?
Badly if Kyber do not have experience in this field.
Their twitter is dead too..Some guys wearing t shirts and saying VB advisor.
I think I should not invest so much next time...overinvested. sorry for flud.
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jules-jules
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September 28, 2017, 07:47:45 AM |
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Lol at all the fudders. KCN went up something like 4-5x ICO price. Of course it's natural to have a correction following this. Cost average if you believe in the coin and you'll be fine.
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burner2015
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Co founder & CMO SocialX
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September 28, 2017, 08:07:25 AM |
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Lol at all the fudders. KCN went up something like 4-5x ICO price. Of course it's natural to have a correction following this. Cost average if you believe in the coin and you'll be fine.
Correct. 1 news and we go up again
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torrentco
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September 28, 2017, 08:22:52 AM |
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maybe a decent project but the price was stupid when it hit the exchanges. i mean only vitalik buterin being an advisor shouldnt have sold that much. now a correction.i expect even a bigger one in the next few days actually. but still i dont think it will ever see its ico price like ever again. i so envy the ico investors really.
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DrJfk
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September 28, 2017, 08:39:10 AM |
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maybe a decent project but the price was stupid when it hit the exchanges. i mean only vitalik buterin being an advisor shouldnt have sold that much. now a correction.i expect even a bigger one in the next few days actually. but still i dont think it will ever see its ico price like ever again. i so envy the ico investors really.
total agree with you all
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Analogplutonium
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September 28, 2017, 11:13:31 AM |
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Anyways, the project is not really connected to the price of it's token. I am really confused by those who accuse a project of being a scam if it does not deliver profits immediately after the ICO, without even haveing a product ready. The price is primarily determined by hype. If the project successfully hits a milestone, people create hype and buy the coin, the price goes up. If there are no updates for some time, people get impatient, spread FUD and sell.
Developers should rather focus on making a good product. If it is succesful after launch, a lot of people will use it and buy the token anyways. It does not need all the hype, only speculators but not investors profit from hype. Kyber is a long term project and a long ter hold. If you are in just for the quick bucks, you should have already sold on the first spike. If you participate in ICOs then you are an early investor in a project you believe in. And normally for a project to be successful it takes months or even years. If you hold through those times you will be rewarded, except the project is indeed as scam which you should have noticed by then.
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revelacaogr
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2009 Alea iacta est
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September 28, 2017, 01:28:18 PM |
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Analogplutonium
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September 28, 2017, 02:23:24 PM |
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I also think so.
Terrible mistake to add new coin on China exchange when Neo FUD "over".
I still hope Kyber team will be better with timing.
Binance has excluded chinese people from trading. It is located in Hongkong and is focusing only on international customers now. Most customers of binance are "westerners" and it looks like those people like to dump their coins there a lot. When DNT and OAX were dumped on binance chinese people made 20-30% of the volume there and on other chinese exchanges it was possible to buy/sell those coins for CNY.
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puremage111
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September 28, 2017, 02:41:25 PM |
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Well I am really dissapointed with Kyber. I was not able to participate in ICO and bought from EtherDelta just when it appeared.
EtherDelta price was around 0.006 ETH/BTC
Than it was showing rise to 0.0085 ETH/BTC it is only 30%
After Binance it is the worster coin 2 days in a row with a biggest minus according coinmarketcap.
From appearence on exchange it is allready minus 40%.
Hopefully we will see something better in near future. But for those who not from ICO start dynamic of coin is negative.
I think it is because NEO hype ,because all this Da Hong meeting with China Ministerium.
Most ICO go through this...don't believe me? Check ETH history It will recover, now is the time to BUY! Similar project like 0x was not falling when appered... Everything is green except Kyber. CMON KYBER WTF? SCAMM???why people so impatient? Rofl, these people are the one who bought at the ATH, then price drop and price correction, coins is now scam because they are "Not making profit" Really, the community gotta get a purge and cleansed such people
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duyduc256
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September 28, 2017, 02:41:42 PM |
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the kyber is one of the most anticipated ICO for this year especially for investing.you should look the partnership with ethereum foundation and also with the other projects.they will make really big difference for the crypro economy.
Agree with your opinion. Kyber has done a lot of good in recent years to develop the project and there are many exchanges that want to add Kyber in the near future and this will give Kyber a stable price in the near future.
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hua_hui
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September 28, 2017, 03:12:24 PM |
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Thanks for sharing the information. I am surprise on how details the calculation was and i am impressed on how he predict the price by fundamental analysis. I know a lot of people tends to say that FA is not that useful for crypto as the price is usually affected by news or certain conditions. However, i have been using FA for certain tokens and use it to determine if it is worth buying even though everyone else is saying that it is. Even though i have missed out for some gains but overall i am happy that i always believe in the coins i choose and can sleep well.
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stupid_seb
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September 29, 2017, 12:08:16 AM |
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TL;DR : $1.6BMath is pretty good in this blog. I second this calculation. (My personal calcs were sub $1B, on the safe side)
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viramarket
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September 29, 2017, 04:45:29 PM |
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Yes, interesting and educated thoughts.Starting from the statistics of previous years it is really possible to build such calculations.But now nobody can accurately guess what will be the dynamics.Already one good news is:the new York-based company LedgerX building a road for institutional investors and big money!!Expect soon an opportunity of entrance ...
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toonwer
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September 30, 2017, 03:21:37 PM |
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Nice article. Very impressive. 1 billion is quite real, considering the fact that cryptocurrencies is gaining momentum and did not intend to stop anytime soon
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RoosterRed
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September 30, 2017, 10:39:20 PM |
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That is a very interesting analysis. I would call it very optimistic and question one of its assumptions. The authors assume Kyber will be 5% of the market, which is very optimistic, and then further assume all its trades are done through reserve managers, which isn't accurate. Kyber will initially be the main reserve itself. The third party reserves aren't technically necessary.
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RoosterRed
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October 02, 2017, 12:42:58 AM |
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Also, you would want to heavily discount any total you came up with when using that calculator, as there is considerable risk that your predictions will be too optimistic. In economics, you don't simply multiply it by the probability you think your predictions will be true because of opportunity cost. Ideally, you find something of similar risk that is already priced by an efficient market and use that discount rate. I am not convinced that the efficient market hypothesis applies to crytpo right now though.
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Antivoid
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October 02, 2017, 01:00:24 AM |
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so after i was banned from kyber ico, i am also banned from the exchange, for the price is so high and still cant see a dump for a long term, i wll not buy it at this point
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covfefe_
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October 02, 2017, 01:04:41 AM |
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5% of total market is a huge assumption. They might easily take the volume off of traditional exchanges but there are similar products like kyber on the go. And there can be many approaches to it. As, we see on current scenario, locality and specialty too takes away the volume.
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