[ANN][DEFI & CEFI] Psyche.Cash | The Future of DeFi | Private sale

[andriyana]

what is the psyche price at public sale, if the psyche price follows the USD price whether the psyche price will be below $ 1

[PsycheUSD]

You can find the details here https://psyche.cash/private-sale

what is the psyche price at public sale, if the psyche price follows the USD price whether the psyche price will be below $ 1

[fapar]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

[kojektea]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

[CaVO32]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

[Bitstar_coin]

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

Now that you mentioned it am also thinking what is the guarantee that those who buy ccheap $0.30 won't dump the price, and how exactly does the team intend to keep the price stable at $1 if the presale price will be as low as $0.30! i think this is one of the reason why stablecoin is a difficult investment, stablecoin are suppose to remain stable, i guess this is something we will all look forward to see what happens afterwards. 

[PsycheUSD]

Every new coin when hit the exchange or every new stock when hit the stock market takes sometime to get stable and move forward. Hence in the first few days of launching on the exchange Psyche will face the same extent then it will go stable. How Psyche will manage the price? The ERC20 is mintable and burnable which allows controlling the price.

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

Now that you mentioned it am also thinking what is the guarantee that those who buy ccheap $0.30 won't dump the price, and how exactly does the team intend to keep the price stable at $1 if the presale price will be as low as $0.30! i think this is one of the reason why stablecoin is a difficult investment, stablecoin are suppose to remain stable, i guess this is something we will all look forward to see what happens afterwards. 

[micle00]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

USDT is also not fully backed by the fiat currency so this all depends on the coin itself and the team to manage the price
https://www.bloomberg.com/news/articles/2019-04-30/tether-says-stablecoin-is-only-backed-74-by-cash-securities

[marcautralia]

Up Up Up

[kojektea]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

Of course they need strong support for the psyche.cash project so that it can become a stable coin like the others, I don't really understand how the real work mechanism is, but that is their mission.

[asriloni]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

The cost of the Psyche token on private sale is 0.2-0.3 dollars. Therefore, if the value of the token later stabilizes at the level of $1, investors will only benefit.
In addition, the cost of the token on the ICO is not yet known, but most likely it will also be below $1.

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

Not sure if they can really achieve the $1 target price here once they hit the exchanges. If they are selling about 20 to 30 cents to their investors, what is the assurance that they will not dump their holdings when the time comes? I am not really familiar with stablecoin based on algo and how they can really keep their price level at their target of $1 so we will see how this type of stablecoin will perform in the actual market. Maybe they will be the one project that will show us how non-backed by USD or other assets stablecoin will prosper in the market.

Of course they need strong support for the psyche.cash project so that it can become a stable coin like the others, I don't really understand how the real work mechanism is, but that is their mission.

if the coin will not backed by fiat coin or use the rebase mechanism and it's quite impossible to defend the price of coin or make it stable. It looks like the website is down right now and there's someone who has been create a thread about that too.
When the developers were selling the coin in a big discount and it's quite impossible to make it equally with the dollar's value.

[DU18]

yes for sure ico sales will be under $ 1 because the purpose of the psyche.cash project is to make tokens as stable as usdt and many other stablecoins, if you have no doubt this is the right time to invest here, and psyche.Cash needs more partnerships another

I think this is a very natural in every sale because the by selling these tokens under $1 of course investors who have low funds can participate in their sale, but the price does not seem to be absolute attraction for a new project to attract investors, but the most important in a project, namely how the team is able to develop the project into a project that can really provide benefits for those involved in the project like investors, and as you say very much if this project must be able to expand their partnerships with partners big partners, so that, the project will be able to develop properly.

[PsycheUSD]

We sincerely apologies for the inconvenience, the site was down for 2 hours and 19 minutes.  

[marcautralia]

Up up up

[kojektea]

has the private sale ended, I found on the website the time has stopped, if it has ended, how much money has been collected from the sale of the private sale? I am very curious to know

[NEWICO INVESTOR]

Every new coin when hit the exchange or every new stock when hit the stock market takes sometime to get stable and move forward. Hence in the first few days of launching on the exchange Psyche will face the same extent then it will go stable. How Psyche will manage the price? The ERC20 is mintable and burnable which allows controlling the price.

If the coins are burnable than sure it can manage the price, even it can go above the $1. Until now, the project is exciting and very active. I don't mind to bet $100.

[sukoyomi]

has the private sale ended, I found on the website the time has stopped, if it has ended, how much money has been collected from the sale of the private sale? I am very curious to know

I'm sure the countdown is for starting the private sale at the desired time because I see the sentence "Private sale starts in" and "The Registration for Psyche Token is open." So likely they want to start the private sale, not to close it through the countdown.

[DU18]

has the private sale ended, I found on the website the time has stopped, if it has ended, how much money has been collected from the sale of the private sale? I am very curious to know

It seems there is very little information we can get about their current sales results, I also see if the countdown time is also off, does this mean their sale has not started or is it finished? Even if it hasn't started yet, at least the team must include the exact date or time to start the sale so those people who want to participate in the presale (investors) don't get confused and don't ask about when the presale will start. I think the team is doing quite well right now by quickly responding and fixing their site which was down a while ago.

[PsycheUSD]

The AMAZING community, we are very gratified for all the support from you guys. We are astonished by the rejoinder and attention for the https://psyche.cash. The community has evolved to total 8K member and this is all overwhelming. We couldn't get here without your support, Gigantic THANKS to everyone.

Due to sharply increasing prices of the BTC and ETH, we decided to add the USDT for users to have an alternative in our sales platform and this is why we had to delay the sale.

Now the platform is ready to serve all the interested parties to be the part of the future. It is the right time to be the first owners of Psyche coins.

You are already conscious of those norms but it is better to help them who are new in the process so the below are very important note.

Important:
- Please use only ERC20 supported wallet.Myetherwallet (MEW) is recommended but the choice is yours.
- Don't use wallets from exchanges.
- If you are using Metamask, then add the token with this contract 0xf6c0aA7eBFE9992200C67E5388E4F42da49E1783.
- Exchange withdrawal fees and network charges will not be counted toward your payment.
- Amount less than $100 will be returned to the same wallet from where it came, after deducting both side network transactions. 
- If you have any issue with the service, payment or transactions, please contact to cs@psyche.cash ONLY.
- Regarding the sale, there will be only one official communication channel which is cs@psyche.cash

Don’t be on the outside looking in. Let's get the ball rolling and build the future. https://psyche.cash/private-sale/

[Onika84]

has the private sale ended, I found on the website the time has stopped, if it has ended, how much money has been collected from the sale of the private sale? I am very curious to know

I think the private sale is still ongoing, because on their website it says 'private sale is on'. This project needs strong marketing on their social media, I think they need to open social media bounty campaign.