HomoHenning
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September 07, 2017, 05:30:10 PM |
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Not really no. I feel like everyone has this backwards. If this were stock in a company, the price of the stock is directly related to the value of the company (how much it has in assets).
Tezos is the opposite of the majority of these ICO's, the money isn't just handed out to the team who created the whitepaper, it is managed as funds for the network by a non-profit organization. You can think of the tokens as being directly backed by these funds in a way.
For most ICO's particularly all the ERC-20 garbage as of late, it's not that. They take your money, put it in their bank accounts and give you something useless in return.
And don't forget these area all micro-cap investments anyway. Linkedin the website was bought for 26 BILLION. Even at 200 Million for Tezos, it's just a tiny tiny marketcap with decent financial backing. Other projects are tiny marketcaps with tiny financial backing!
Look at Ripple or Bancor. It stays low level due to huge market cap. Bancor is not comparable with tezos dude. Bancor is crap
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williamevanl
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September 07, 2017, 08:56:51 PM |
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Not really no. I feel like everyone has this backwards. If this were stock in a company, the price of the stock is directly related to the value of the company (how much it has in assets).
Tezos is the opposite of the majority of these ICO's, the money isn't just handed out to the team who created the whitepaper, it is managed as funds for the network by a non-profit organization. You can think of the tokens as being directly backed by these funds in a way.
For most ICO's particularly all the ERC-20 garbage as of late, it's not that. They take your money, put it in their bank accounts and give you something useless in return.
And don't forget these area all micro-cap investments anyway. Linkedin the website was bought for 26 BILLION. Even at 200 Million for Tezos, it's just a tiny tiny marketcap with decent financial backing. Other projects are tiny marketcaps with tiny financial backing!
Look at Ripple or Bancor. It stays low level due to huge market cap. No, Bancor was a classic example of everything that is wrong with the garbage ERC-20 tokens. It was just a bad unworkable idea with nothing actually behind it. I think I recall 40 lines of code was behind the poorly conceived idea http://hackingdistributed.com/2017/06/19/bancor-is-flawed/ Tezos was in the works back in 2014 (code wise) and conceptually prior to even that. It has a tremendous code base and a large development team. A 200 million or 2 Billion of even 200 Billion market cap for a global system of currency will look like nothing. Part of me is just thrilled that folks in this space can somehow think Tezos and these other projects are even in the same universe! That confusion might allow me to invest a decent amount into it before it blows up.
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HomoHenning
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September 09, 2017, 11:32:43 AM |
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Not really no. I feel like everyone has this backwards. If this were stock in a company, the price of the stock is directly related to the value of the company (how much it has in assets).
Tezos is the opposite of the majority of these ICO's, the money isn't just handed out to the team who created the whitepaper, it is managed as funds for the network by a non-profit organization. You can think of the tokens as being directly backed by these funds in a way.
For most ICO's particularly all the ERC-20 garbage as of late, it's not that. They take your money, put it in their bank accounts and give you something useless in return.
And don't forget these area all micro-cap investments anyway. Linkedin the website was bought for 26 BILLION. Even at 200 Million for Tezos, it's just a tiny tiny marketcap with decent financial backing. Other projects are tiny marketcaps with tiny financial backing!
Look at Ripple or Bancor. It stays low level due to huge market cap. No, Bancor was a classic example of everything that is wrong with the garbage ERC-20 tokens. It was just a bad unworkable idea with nothing actually behind it. I think I recall 40 lines of code was behind the poorly conceived idea http://hackingdistributed.com/2017/06/19/bancor-is-flawed/ Tezos was in the works back in 2014 (code wise) and conceptually prior to even that. It has a tremendous code base and a large development team. A 200 million or 2 Billion of even 200 Billion market cap for a global system of currency will look like nothing. Part of me is just thrilled that folks in this space can somehow think Tezos and these other projects are even in the same universe! That confusion might allow me to invest a decent amount into it before it blows up. most of the people here dont have any clue about what they are investing in. I wrote in Bancor thread weeks before the ICO that this "business idea" makes no sense. Also Bancor is just an idea of an app on top of ETH. Comparing this with tezos is jsut insane. tezos is a complete new blockchain / ecosystem/ with a (small) potential to be a game changer aka bitcoin and/or eth killer ripple had huge gains this year. it makes sense that it can not gain more now. Also there is no real usage of ripple until now
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vtr99
Legendary
Offline
Activity: 1214
Merit: 1000
Never compromise your standards!
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September 09, 2017, 08:49:29 PM |
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The negative comments seem to indicate immaturity, and lack of understanding the history of crypto currencies. The best indicator of a coin's future is the number of people who invest, and the talent and organization of it's leadership. It seems foolish to underestimate Tezos when you consider the support behind it. I'm betting most of the folks trying to find reasons it won't have massive success are really wishing they had invested early.
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rainbow169
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September 09, 2017, 10:36:35 PM |
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Didn't know much about tezos before but joined Arthur's technical presentation the other day. It was amazing to go through the thinking of Tezos and the challenges it faces. If indeed these issues are resolved, tezos could be potentially the version 3 of blockchain
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forkedchain
Newbie
Offline
Activity: 37
Merit: 0
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September 10, 2017, 02:57:26 AM |
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for anyone using the alphanet, you'll notice that while baking, there are frequent chain seizures. I have a cron script for a workaround
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anahata
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September 10, 2017, 09:18:15 AM |
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Not really no. I feel like everyone has this backwards. If this were stock in a company, the price of the stock is directly related to the value of the company (how much it has in assets).
Tezos is the opposite of the majority of these ICO's, the money isn't just handed out to the team who created the whitepaper, it is managed as funds for the network by a non-profit organization. You can think of the tokens as being directly backed by these funds in a way.
For most ICO's particularly all the ERC-20 garbage as of late, it's not that. They take your money, put it in their bank accounts and give you something useless in return.
And don't forget these area all micro-cap investments anyway. Linkedin the website was bought for 26 BILLION. Even at 200 Million for Tezos, it's just a tiny tiny marketcap with decent financial backing. Other projects are tiny marketcaps with tiny financial backing!
Look at Ripple or Bancor. It stays low level due to huge market cap. No, Bancor was a classic example of everything that is wrong with the garbage ERC-20 tokens. It was just a bad unworkable idea with nothing actually behind it. I think I recall 40 lines of code was behind the poorly conceived idea http://hackingdistributed.com/2017/06/19/bancor-is-flawed/ Tezos was in the works back in 2014 (code wise) and conceptually prior to even that. It has a tremendous code base and a large development team. A 200 million or 2 Billion of even 200 Billion market cap for a global system of currency will look like nothing. Part of me is just thrilled that folks in this space can somehow think Tezos and these other projects are even in the same universe! That confusion might allow me to invest a decent amount into it before it blows up. most of the people here dont have any clue about what they are investing in. I wrote in Bancor thread weeks before the ICO that this "business idea" makes no sense. Also Bancor is just an idea of an app on top of ETH. Comparing this with tezos is jsut insane. tezos is a complete new blockchain / ecosystem/ with a (small) potential to be a game changer aka bitcoin and/or eth killer ripple had huge gains this year. it makes sense that it can not gain more now. Also there is no real usage of ripple until now Truly said!! Comparing tezos with other ERC20 tokens or ripple makes no sense. Tezos has different purpose, whereas ripple has nothing.
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HomoHenning
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September 15, 2017, 07:03:23 PM |
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Didn't know much about tezos before but joined Arthur's technical presentation the other day. It was amazing to go through the thinking of Tezos and the challenges it faces. If indeed these issues are resolved, tezos could be potentially the version 3 of blockchain
do you have a link for this presentation?
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bengems
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September 16, 2017, 06:36:02 AM |
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Tezos idea is awesome, I wish they get it working. Though I have quite a few amount of tez
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jacafbiz
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September 16, 2017, 06:44:13 AM |
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Not really no. I feel like everyone has this backwards. If this were stock in a company, the price of the stock is directly related to the value of the company (how much it has in assets).
Tezos is the opposite of the majority of these ICO's, the money isn't just handed out to the team who created the whitepaper, it is managed as funds for the network by a non-profit organization. You can think of the tokens as being directly backed by these funds in a way.
For most ICO's particularly all the ERC-20 garbage as of late, it's not that. They take your money, put it in their bank accounts and give you something useless in return.
And don't forget these area all micro-cap investments anyway. Linkedin the website was bought for 26 BILLION. Even at 200 Million for Tezos, it's just a tiny tiny marketcap with decent financial backing. Other projects are tiny marketcaps with tiny financial backing!
Look at Ripple or Bancor. It stays low level due to huge market cap. No, Bancor was a classic example of everything that is wrong with the garbage ERC-20 tokens. It was just a bad unworkable idea with nothing actually behind it. I think I recall 40 lines of code was behind the poorly conceived idea http://hackingdistributed.com/2017/06/19/bancor-is-flawed/ Tezos was in the works back in 2014 (code wise) and conceptually prior to even that. It has a tremendous code base and a large development team. A 200 million or 2 Billion of even 200 Billion market cap for a global system of currency will look like nothing. Part of me is just thrilled that folks in this space can somehow think Tezos and these other projects are even in the same universe! That confusion might allow me to invest a decent amount into it before it blows up. most of the people here dont have any clue about what they are investing in. I wrote in Bancor thread weeks before the ICO that this "business idea" makes no sense. Also Bancor is just an idea of an app on top of ETH. Comparing this with tezos is jsut insane. tezos is a complete new blockchain / ecosystem/ with a (small) potential to be a game changer aka bitcoin and/or eth killer ripple had huge gains this year. it makes sense that it can not gain more now. Also there is no real usage of ripple until now Truly said!! Comparing tezos with other ERC20 tokens or ripple makes no sense. Tezos has different purpose, whereas ripple has nothing. I think it is very easy for you guys to go bashing ERC20 tokens, but Ethereum has made ICOs possible, I'm waiting for Tezo platform to release their own platform because all what the team promised is just in theory, it will be good to evaluate the first dapp coming up on Tezo
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tranduc2101
Member
Offline
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
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September 16, 2017, 01:29:45 PM |
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Do I really want them to have specific time to reimburse those who invest below the minimum, or is it not important to them?
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NotSafe4Wurk
Newbie
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Activity: 20
Merit: 0
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September 16, 2017, 02:19:05 PM |
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When are they launching? I invested in ICO but forget this existed.
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depassage298
Newbie
Offline
Activity: 49
Merit: 0
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September 16, 2017, 05:20:59 PM |
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Do I really want them to have specific time to reimburse those who invest below the minimum, or is it not important to them? What's the minimum ?
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makulo123
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September 16, 2017, 05:43:16 PM |
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Tezos is really great project. I have invested in the ICO, but I would like to buy more of their tokens when it hits exchanges. The most promising ICO of 2017 I would say. Also, do you know when Tezos is available on exchanges?
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makulo123
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September 16, 2017, 05:46:31 PM |
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Do I really want them to have specific time to reimburse those who invest below the minimum, or is it not important to them? What's the minimum ? 0.1 BTC or ETH equivalent was the minimum contribution during the token sale. If you had invested above the minimum contribution, you will get your tokens, if not, the contribution will be refunded (unless it's more than 0.05 BTC, which is their changed minimum contribution and in that case you'll get your tokens.
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tranduc2101
Member
Offline
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
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September 17, 2017, 02:26:00 AM |
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Do I really want them to have specific time to reimburse those who invest below the minimum, or is it not important to them? What's the minimum ? 0.1 BTC or ETH equivalent was the minimum contribution during the token sale. If you had invested above the minimum contribution, you will get your tokens, if not, the contribution will be refunded (unless it's more than 0.05 BTC, which is their changed minimum contribution and in that case you'll get your tokens. When will I get back money, they are late
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yayat
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September 19, 2017, 03:43:19 AM |
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when will it be listed on the exchange market ? I see this is an old project, is it true ?
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krinjah
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September 19, 2017, 08:30:42 AM |
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when will it be listed on the exchange market ? I see this is an old project, is it true ?
It's going to go live and traded later in October. but that's not 100% sure as no info available yet from the dev team regarding this.
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williamevanl
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September 19, 2017, 06:10:33 PM |
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when will it be listed on the exchange market ? I see this is an old project, is it true ?
Tezos is one of the only real projects in this space for years! But yes, given that it's a real project and not a scammy erc-20 white paper nothing, it's been in development since 2014 and is still not out yet. (because real projects take a really long time)
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vuvanle120
Sr. Member
Offline
Activity: 322
Merit: 250
"Highest ROI crypto infrastructure"
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September 20, 2017, 01:10:00 AM |
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when will it be listed on the exchange market ? I see this is an old project, is it true ?
Tezos is one of the only real projects in this space for years! But yes, given that it's a real project and not a scammy erc-20 white paper nothing, it's been in development since 2014 and is still not out yet. (because real projects take a really long time) Tezos might be the next big thing. I'm keeping an eye on it after it launches in November. Great projects take time and money. Tezos has it both so I think there chance of becoming success is very likely.
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