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Author Topic: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users  (Read 46447 times)
the_donald
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April 01, 2018, 08:42:45 AM
 #2921

No, I also think that new people are coming into crypto daily, it just has slowed down a little bit because the sentiment of the media has changed since cryptocurrencies peaked in January. With negative news all day being around there are less people willing to take the risk, but I believe that sentiment will change again soon.
It also due to stricter strategies on authorities in many countries. In my opinion, it's good with such stricter rules from local authorities because they will help to minimize potential risks of losing money on scamming projects (ICOs, and masternode-projects, and so on) for naive investors and crypto-ecosystem newcomers.
Take more risks don't equal to take more profits. Be careful yourself and take profits.

It's a very difficult issue and really hard to resolve. Government intervention is a double-edge sword for sure. If you check out what Milton Friedman says about government intervention, he explains very well how that slows down innovation and wealth creation. Check out some videos on youtube!
It's normal to slow things down, the only thing Goverments do is put up barriers and hinder progress to have control and raise money.

^I pretty much agree with you there. that's why we've had such an explosion of ICO's and projects in the past years. this has been a free market.

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cevap
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April 01, 2018, 09:16:30 AM
 #2922

Yes i think it’s impossible during this period to predict how an ico will work, the period is a bit hard and some have trouble to reach the hard even for good project. But it mean nothing, sphere can work well even with this period.

All the money that is streaming into crypto is now being divided amongst many more projects compared to 2017. I think the hard caps of all the projects in the future will go down again.

Yes, as long as there isn't any substantial amount of new money coming in, projects will have difficulty to reach their sometimes ridiculously high hard cap and need to adjust it.

Even if new money comes in the number of projects also grows exponentially and if they are all looking for 50 million dollars to start with, well, that won't work out.

It might be easy to enter this market, but a failure rate of projects that have a very average idea and an ambitiously high hardcap should warn new teams off. Investors become more and more picky as well.

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April 01, 2018, 09:55:37 AM
Last edit: April 01, 2018, 10:46:23 AM by Frank37
 #2923

A project, which is specialized in Social Networking and doesnt care about the most important network in cryptoland, Bitcointalk has failed in my eyes.
 Sad
I think you're right about something. I do not understand how to build feedback to the community. if for the last 30 pages I have not seen any messages from the project. It's very sad(


I agree with you, its quite ironic that a social media platform project doesn't care about the biggest community in crypto world and no communication in here other than some small ads..

are you talking about this forum ?

Round 4 of the ICO sale is ending in less that 10 days yet the ICO progress bar on their website is not yet updated? Or I was just mistaken?

I think it's an automatically updated script and the figures are real. Many ICO struggle these days.

Well, thats true many projects are struggling, but sphere exceeded their softcap and that's what's important.
And why f.e. are so many projects struggeling?
1. They don't care about their communnity in the sale in a bearish market! In a bull market an ICO goes easy, but now everything has to be perfect.
2. They don't care about their progress bar. This is really important, if there is a bar (which is good), but it doesnt move.
This is not motivating investors and it lets arise questions ... Did they leave the project? Is the counter a fake (16,6% looks like a 1/6 template from the coder)? and so on.

These are two reasons, why also this ICO is struggeling and I hate when this happens.

 
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crazyfrog01
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April 01, 2018, 10:43:51 AM
 #2924

A project, which is specialized in Social Networking and doesnt care about the most important network in cryptoland, Bitcointalk has failed in my eyes.
 Sad
I think you're right about something. I do not understand how to build feedback to the community. if for the last 30 pages I have not seen any messages from the project. It's very sad(


I agree with you, its quite ironic that a social media platform project doesn't care about the biggest community in crypto world and no communication in here other than some small ads..

are you talking about this forum ?

Round 4 of the ICO sale is ending in less that 10 days yet the ICO progress bar on their website is not yet updated? Or I was just mistaken?

I think it's an automatically updated script and the figures are real. Many ICO struggle these days.

Well, thats true many projects are struggling, but sphere exceeded their softcap and that's what's important.
And why are so many projects struggeling?
1. They don't care about their communnity in the sale in a bearish market! In a bull market an ICO goes easy, now everything has to be perfect.
2. They don't care about their progress bar. This is really important, if there is a bar, which is good, but it doesnt move,
this is not motivating investors and it lets arise questions ... Did they leave the project? Is the counter a fake (16,6% looks like a 1/6 template from the coder)? and so on.

These are two reasons, why also this ICO is struggeling and I hatte when this happens.

Can just agree, it is a shame that project devs are not communicate as soon as it gets harder in the market to raise money...

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batako
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April 01, 2018, 02:01:38 PM
 #2925

A project, which is specialized in Social Networking and doesnt care about the most important network in cryptoland, Bitcointalk has failed in my eyes.
 Sad
I think you're right about something. I do not understand how to build feedback to the community. if for the last 30 pages I have not seen any messages from the project. It's very sad(


I agree with you, its quite ironic that a social media platform project doesn't care about the biggest community in crypto world and no communication in here other than some small ads..

are you talking about this forum ?

Round 4 of the ICO sale is ending in less that 10 days yet the ICO progress bar on their website is not yet updated? Or I was just mistaken?

I think it's an automatically updated script and the figures are real. Many ICO struggle these days.

Well, thats true many projects are struggling, but sphere exceeded their softcap and that's what's important.
And why are so many projects struggeling?
1. They don't care about their communnity in the sale in a bearish market! In a bull market an ICO goes easy, now everything has to be perfect.
2. They don't care about their progress bar. This is really important, if there is a bar, which is good, but it doesnt move,
this is not motivating investors and it lets arise questions ... Did they leave the project? Is the counter a fake (16,6% looks like a 1/6 template from the coder)? and so on.

These are two reasons, why also this ICO is struggeling and I hatte when this happens.

Can just agree, it is a shame that project devs are not communicate as soon as it gets harder in the market to raise money...

I think you guys have a point! I guess the devs should strive hard to connect to the community in order to make a good impression about the project.  Smiley

We are on the hard time now and the team ought to enhance their communications so people could stay longer with full of patience in the project. Failed to do so, will lead to the bad result I think.
king_of_alts
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April 01, 2018, 05:19:11 PM
 #2926

A project, which is specialized in Social Networking and doesnt care about the most important network in cryptoland, Bitcointalk has failed in my eyes.
 Sad
I think you're right about something. I do not understand how to build feedback to the community. if for the last 30 pages I have not seen any messages from the project. It's very sad(


I agree with you, its quite ironic that a social media platform project doesn't care about the biggest community in crypto world and no communication in here other than some small ads..

are you talking about this forum ?

Round 4 of the ICO sale is ending in less that 10 days yet the ICO progress bar on their website is not yet updated? Or I was just mistaken?

I think it's an automatically updated script and the figures are real. Many ICO struggle these days.

Well, thats true many projects are struggling, but sphere exceeded their softcap and that's what's important.
And why are so many projects struggeling?
1. They don't care about their communnity in the sale in a bearish market! In a bull market an ICO goes easy, now everything has to be perfect.
2. They don't care about their progress bar. This is really important, if there is a bar, which is good, but it doesnt move,
this is not motivating investors and it lets arise questions ... Did they leave the project? Is the counter a fake (16,6% looks like a 1/6 template from the coder)? and so on.

These are two reasons, why also this ICO is struggeling and I hatte when this happens.

Can just agree, it is a shame that project devs are not communicate as soon as it gets harder in the market to raise money...

I think you guys have a point! I guess the devs should strive hard to connect to the community in order to make a good impression about the project.  Smiley

We are on the hard time now and the team ought to enhance their communications so people could stay longer with full of patience in the project. Failed to do so, will lead to the bad result I think.

Some reassuring of the community would help I guess. That's something easily done. Well, on the other hand if Sphere will be successful early investors will be happy that the hard cap wasn't reached.
zgrdyg
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April 01, 2018, 06:02:17 PM
 #2927

A project, which is specialized in Social Networking and doesnt care about the most important network in cryptoland, Bitcointalk has failed in my eyes.
 Sad
I think you're right about something. I do not understand how to build feedback to the community. if for the last 30 pages I have not seen any messages from the project. It's very sad(


I agree with you, its quite ironic that a social media platform project doesn't care about the biggest community in crypto world and no communication in here other than some small ads..

are you talking about this forum ?

Hi, sorry for my late response. Yes i was referring to bitcointalk and the devs neglect in here. Looks like this thread is deserted considering the devs are not active for several weeks.

BY_ATOM
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April 01, 2018, 07:42:46 PM
 #2928

Yes sphere has already reach his softcap so no problem I thin even if they don’t raise so much money. It’s not so easy these day with this market to raise money, hit the softcap is a sucess in fact.
You are right, the market is really to be in poor condition in comparison with January month, but don't need so much to worry about! Now the market is at the level of September 2017.

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April 01, 2018, 08:00:26 PM
 #2929

the moment is difficult and the market is still fluctuating, but sphere is a valid project, perhaps  the dev or the team should reassure users and investors with some news on the progress of the project...

aveon
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April 01, 2018, 08:28:29 PM
 #2930

the moment is difficult and the market is still fluctuating, but sphere is a valid project, perhaps  the dev or the team should reassure users and investors with some news on the progress of the project...
... so they can still keep the public's interest in their creation and continue with the improvement of the project with minimum harm because of the feedback absence.
OZmaster
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April 01, 2018, 08:38:03 PM
 #2931

Yes i think it’s impossible during this period to predict how an ico will work, the period is a bit hard and some have trouble to reach the hard even for good project. But it mean nothing, sphere can work well even with this period.

All the money that is streaming into crypto is now being divided amongst many more projects compared to 2017. I think the hard caps of all the projects in the future will go down again.

Yes, as long as there isn't any substantial amount of new money coming in, projects will have difficulty to reach their sometimes ridiculously high hard cap and need to adjust it.

Even if new money comes in the number of projects also grows exponentially and if they are all looking for 50 million dollars to start with, well, that won't work out.

It might be easy to enter this market, but a failure rate of projects that have a very average idea and an ambitiously high hardcap should warn new teams off. Investors become more and more picky as well.

The teams seem to not care a lot. Why should they even if they can grab "only" $5 million, that's still a lot of money for a bad project, but the creators are golden nonetheless.


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CryptoCutie
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April 01, 2018, 09:37:15 PM
 #2932

The Bounty for the signature is still running, you can check it here https://bitcointalk.org/index.php?topic=2467225
cmg12
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April 01, 2018, 10:07:04 PM
 #2933

Yes i think it’s impossible during this period to predict how an ico will work, the period is a bit hard and some have trouble to reach the hard even for good project. But it mean nothing, sphere can work well even with this period.

All the money that is streaming into crypto is now being divided amongst many more projects compared to 2017. I think the hard caps of all the projects in the future will go down again.

Yes, as long as there isn't any substantial amount of new money coming in, projects will have difficulty to reach their sometimes ridiculously high hard cap and need to adjust it.

Even if new money comes in the number of projects also grows exponentially and if they are all looking for 50 million dollars to start with, well, that won't work out.

It might be easy to enter this market, but a failure rate of projects that have a very average idea and an ambitiously high hardcap should warn new teams off. Investors become more and more picky as well.

The teams seem to not care a lot. Why should they even if they can grab "only" $5 million, that's still a lot of money for a bad project, but the creators are golden nonetheless.
Exactly what I thought. 5 million is pretty good amount of money for developing, at least for a start
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April 01, 2018, 10:49:17 PM
 #2934

Now even the most successful projects can't collect a cap, we need to wait for improvements in the market.
Are you talking about soft cap? Of course, the crisis has come, and I think it's all consciously done by big players, they are able to manipulate this way.

3 months ago people simply bought with a little bit of their ETH stash, now that stash is worthless and their not gambling with it, since for the same investment they pay more ETH now

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April 02, 2018, 12:47:11 AM
 #2935

Yes sphere has already reach his softcap so no problem I thin even if they don’t raise so much money. It’s not so easy these day with this market to raise money, hit the softcap is a sucess in fact.
You are right, the market is really to be in poor condition in comparison with January month, but don't need so much to worry about! Now the market is at the level of September 2017.



RIght , I remember bitcoin below 700 during winters. I think the stable price is around 4 or 5k. There are alot of people waiting for more dips  Grin
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April 02, 2018, 04:23:46 AM
 #2936

The life of an ICO is in the investors hand, without a fund development will be very slow and difficult but most of the ICO i saw and participated they just come and  go without giving anything back or finishing what they started because of low funding or the devs just vanish into thin air, what i am trying to say is many have tried social networking ICO but most of them failed.
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April 02, 2018, 04:49:53 AM
Last edit: April 10, 2018, 07:17:28 AM by coloseum
 #2937

the moment is difficult and the market is still fluctuating, but sphere is a valid project, perhaps  the dev or the team should reassure users and investors with some news on the progress of the project...
Yeah, we have to wait for signals from whales, who usually manipulate the market and price of most altcoins.
It is basic principle of the market, sometimes up, sometimes down, but the main trends are always manipulated and controlled by whales.
No one can fight against whales, just follow their movements and be smart, be faster than them to take profits by taking advantage of ability to move faster (both buy and sell) than whales (due to their large capital)
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April 02, 2018, 07:03:57 AM
 #2938

I think everyone in the team is still working hard, somewhere, not in this forum. I still hope they will not give up. But they should reassure investors by communicating more...
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April 02, 2018, 07:08:23 AM
 #2939

About 1 week the ICO will end. I expected them to do something. This stage is difficult. They did not update anything about the progress of the project, which made me unhappy
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April 02, 2018, 07:29:29 AM
 #2940

the moment is difficult and the market is still fluctuating, but sphere is a valid project, perhaps  the dev or the team should reassure users and investors with some news on the progress of the project...
Yeah, we have to wait for signals from whales, who usually manipulate the market and price of most altcoins.
In the end there are a few who manipulate the market at will, and when these stop selling and start buying the market will go back up.

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