what the hell is happening with Kyber?

[ChiNgadOr]

i wonder why an ICO that was expected to be a WINNER, its falling so much the last days..

[billysunday2000]

My guess is Crypto Whales.  They buy large amounts of ICO at deep discounts etc. But then sell quickly for a fast profit.  I stopped buying ICO from the developers - I just wait for it to show up Ether Delta - and I can usually get it at below the ICO price. I recently bought PayPie (PPP) on Ether Delta below the ICO price. and that was a popular ICO also.

[sisisasa]

I don't see how you could complain, cause it is still x3 or x4 ico price.

[hieuho381]

I think you should keep track of Bitcoin prices as all altcoin will drop if Bitcoin has a bullish sign, Kyber uses a good platform and it has x5 for a short time and if you buy it then surely this will  is a good long term investment because they have a lot of communities

[Geoff999]

It just means at the current price its a good time to buy,

Unfortunately I did not get involved in the early ICO stages, as such I decided on Friday to buy a large amount of these as they had dipped to almost a dollar on Binance.

Now I can just put them away and forget about them for a while.

[marks1976]

i wonder why an ICO that was expected to be a WINNER, its falling so much the last days..

It caused by a lot of people are just try to get the fast buck and you can generate it through the icos, and i just think a lot of people are selling their own token caused by the major hardfork from the bitcoin and ethereum

[Delicat]

the ICO price is far cheaper and people are dumping it for fast profit. another reason is that Kyber is meant for long term as the development is just started.

[thepo1m]

I think most of these new ICOs are dropping in price because of the overvaluation of the token, this was a common trend now, project like Airtoken, Cindicator, ENigma are now all below their ICO price.

[krazy89]

ICOs are dead , just accept it .

[Morguk]

Well Kyber has to follow ETH and ERC20 tokens, so if they are down compared to BTC then Kyber will drop. Also you have to think, if it's 2-5x from ICO, whales that bought 100 BTC worth, that's a huge profit for them, very easy to dump it. Also has competitors like Loopring. Just because Vitaliks face is on the website doesn't automatically make you a millionaire!

[ChiNgadOr]

I think most of these new ICOs are dropping in price because of the overvaluation of the token, this was a common trend now, project like Airtoken, Cindicator, ENigma are now all below their ICO price.

you should do some reasearch before claiming something wrong... CIndicator has never been below ICO price.. (0,01$), but at least 2x or 3x times this.

[Hazara]

kyber is falling, i had high expectations on this one provided we have Vitalik as advisor so at the moment i dont know what to do with it, hodl or dump

[hadoop]

kyber is falling, i had high expectations on this one provided we have Vitalik as advisor so at the moment i dont know what to do with it, hodl or dump

main reason is....they dont have any updates for next few months.....their testnet live q1 2018.....until u may be say downtreand.....but u looking for to hold 6 months or more...it is right guy to hold.....in q1,q2 it likely touch 10$

[thompshma]

I don't understand why people think popular icos will be successful in the short term.
We have seen the same thing time and time again over the past few months.

When an ico gets hyped EVERYONE buys, and there is nobody to buy when it hits the market so the floodgates open.
Price will continue to correct, it will drop further.

[Jeanrogerrabite]

It's like BAT : ico's guy made a X5 and then obviously the price go down. But if you hold you probably win 

[thedarksun]

i wonder why an ICO that was expected to be a WINNER, its falling so much the last days..

Where is the reason to cry and complain when its price is huge and there is no tendency to suddenly drop from its total inevitability.

[vit05]

There isn't so many exchange where you could trade. So, people that want to dump to take profit from ICO is willing to accept a lower price.

[yareklamator]

Any big news coming for Kyber?

[hadoop]

Any big news coming for Kyber?

not until q1 2018