[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 72.

Gunny95

member

Activity: 252

Merit: 11

Quote from: Cnote328 on April 02, 2018, 11:40:11 AM

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

Indeed, the progress bar is looking good and knowing that 47B is globally active, so is their customer support

Cnote328

newbie

Activity: 112

Merit: 0

I think all investor show find solace in knowing that Forty seven bank team cares about investors, longer window of opportunity to purchase FSBT, hard capped halved therefore lowering total supply. Supporters will be the winners in the long run.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: iffisays on April 02, 2018, 10:48:37 AM

Lowering the hardcap is a best move fortyseven. This project is awesome

They knew that it would be impossible to sell them even when they are extending the ICO. There was one decision left, and that was lowering the hardcap. I think that everybody agrees that this was a good move.

gee777

member

Activity: 728

Merit: 10

Quote from: Owillz on April 02, 2018, 08:12:06 AM

Quote from: ibininja on April 02, 2018, 08:00:26 AM

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

Yea. I get it. But still that just means less targeted amount, less number of investors needed on an average and less capital needed or raised at the end of everything. In order words still keeping my initial question valid and unanswered. But the only reasonable explanation now until I her from the team is that Maybe they had to cut down on their expenses

They would have to cut down some of their expenses unless the initial hardcap was set with a double income stream but if u do the calculations you will see that they would have a little amount for the project implementation which is very low.. So i am trying to see what 47bk are trying to do here.

Zombie259

member

Activity: 420

Merit: 11

Quote from: cryptorani on April 02, 2018, 10:39:26 AM

Quote from: Anilg on April 02, 2018, 10:26:23 AM

Quote from: faulerwilli on April 02, 2018, 01:52:07 AM

Quote from: cryptorani on April 01, 2018, 10:41:49 PM

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

Thanks guys for your reply. So we cant say that fixing token in ETH price is good or fixing in USD Is good. Its all depend on market condition. Lets hope ETH goes upto 800 USD so that FSBT starts listing process

That depends indeed on the market conditions. I think it takes till summer before ETH goes up to 800$, but we have time to wait.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: Zombie259 on April 02, 2018, 04:32:38 AM

Quote from: Nathan01 on April 02, 2018, 04:17:14 AM

Quote from: FortySeven on April 01, 2018, 03:09:35 PM

Quote from: carriebee on March 30, 2018, 09:15:02 AM

Quote from: gee777 on March 30, 2018, 09:07:15 AM

Quote from: girib1684 on March 30, 2018, 05:52:09 AM

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

Yeah it's not great, but they were no where near hitting their previous hardcap so it was a smart decision to lower the supply because otherwise there would be millions of useless/unsold tokens that would just end up being burned in the end.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: Zombie259 on April 02, 2018, 04:32:38 AM

Quote from: Nathan01 on April 02, 2018, 04:17:14 AM

Quote from: FortySeven on April 01, 2018, 03:09:35 PM

Quote from: carriebee on March 30, 2018, 09:15:02 AM

Quote from: gee777 on March 30, 2018, 09:07:15 AM

Quote from: girib1684 on March 30, 2018, 05:52:09 AM

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

With loyalty and services never offered before in both traditional and modern banking... They easily will go for both a commercial and merchant bank put together Cool

iffisays

newbie

Activity: 4

Merit: 0

Lowering the hardcap is a best move fortyseven. This project is awesome

cryptorani

newbie

Activity: 56

Merit: 0

Quote from: Anilg on April 02, 2018, 10:26:23 AM

Quote from: faulerwilli on April 02, 2018, 01:52:07 AM

Quote from: cryptorani on April 01, 2018, 10:41:49 PM

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

Thanks guys for your reply. So we cant say that fixing token in ETH price is good or fixing in USD Is good. Its all depend on market condition. Lets hope ETH goes upto 800 USD so that FSBT starts listing process

Anilg

member

Activity: 168

Merit: 10

Quote from: faulerwilli on April 02, 2018, 01:52:07 AM

Quote from: cryptorani on April 01, 2018, 10:41:49 PM

Guys, I just have one doubt. Dont you think keeping FSBT price in ETH is not so good decision as ETH price movement affecting token price? It would have been much better if price was fixed in USD?

For us investors that is certainly an advantage, as we can buy the tokens much cheaper. For 47BK this is of course not so good right now. But they have enough reserves to wait until ETH rises again. Moreover, they only go to the stock exchanges, if ETH is back at 700-800, then they can still sell some tokens

We cant predict crypto market, what if ETH price instead of coming towards 3xx USD moved up to 2000+ USD? FSBT would have been sold out by now?

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: girib1684 on April 02, 2018, 09:48:10 AM

Quote from: Hendobox on April 02, 2018, 08:10:15 AM

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

You are right. See the latest status on website. Progress moved more than 50% now. And still more than 28 days are remains. I am 100% sure 47B will be reach their hard cap too.

Ya they seem to have balanced their goals quite well with the extension it was a good move on their part to see the ico extended with the state of the market it was a good choice. I hope they continue to expand their marketing efforts and really drive home this final stretch of run for the ico to really nail it home

girib1684

member

Activity: 168

Merit: 11

Quote from: Hendobox on April 02, 2018, 08:10:15 AM

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

You are right. See the latest status on website. Progress moved more than 50% now. And still more than 28 days are remains. I am 100% sure 47B will be reach their hard cap too.

Owillz

member

Activity: 532

Merit: 10

Quote from: ibininja on April 02, 2018, 08:00:26 AM

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

Yea. I get it. But still that just means less targeted amount, less number of investors needed on an average and less capital needed or raised at the end of everything. In order words still keeping my initial question valid and unanswered. But the only reasonable explanation now until I her from the team is that Maybe they had to cut down on their expenses

Hendobox

newbie

Activity: 154

Merit: 0

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

I think you asked a wise question mate. But I think that hardcap can be flexible. Most projects don't reach their hardcap, but they are still considered a success because they passed softcap.

ibininja

member

Activity: 490

Merit: 10

Quote from: Owillz on April 02, 2018, 05:11:20 AM

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

That is a smart interpretation; They lowered the hardcap is like they sold half of it. I think now with lowering the sale would be easier to execute given you do not have wait double the time maybe.

Ace44

member

Activity: 672

Merit: 11

Quote from: kalehon on April 02, 2018, 04:08:11 AM

FORTY SEVEN BANK has a strong strong concept for crypto world. Looking forward to participating on these activities.

They intend to like cover a lot of aspect in cryptocurrency, providing a platform that will be beneficial for developers, create an avenue of awareness for the people to understand what cyptocurrency is all about and also give them that opportunity to embrace it with a new perception

Owillz

member

Activity: 532

Merit: 10

Quote from: rathaha10 on April 01, 2018, 04:33:36 PM

This was the right thing to do. They lowered the hardcap which is very smart. Now they have sold half of their tokens, and the ICO will end in 29 days. Hardcap is now really possible to hit.

It was a wise decision but my only concern is with the current price of Eth and a lowered hardcap, will the total capital raised at the end be enough for the task it is meant for??? Was the initial hardcap not set based on the financial requirements?

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: FortySeven on April 01, 2018, 03:09:35 PM

Quote from: carriebee on March 30, 2018, 09:15:02 AM

Quote from: gee777 on March 30, 2018, 09:07:15 AM

Quote from: girib1684 on March 30, 2018, 05:52:09 AM

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Forty Seven Bank reducing their token is big boost for their ICO sales almost half their initial hardcap price was burnt, i expect an increase in token purchase in coming days.

wingding

hero member

Activity: 770

Merit: 504

Quote from: Zombie259 on April 02, 2018, 04:32:38 AM

Quote from: Nathan01 on April 02, 2018, 04:17:14 AM

Quote from: FortySeven on April 01, 2018, 03:09:35 PM

Quote from: carriebee on March 30, 2018, 09:15:02 AM

Quote from: gee777 on March 30, 2018, 09:07:15 AM

Quote from: girib1684 on March 30, 2018, 05:52:09 AM

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

The capitalization of the project will depend on the price of the token. It does not mean that the fewer tokens, the lower the capitalization.

Zombie259

member

Activity: 420

Merit: 11

Quote from: Nathan01 on April 02, 2018, 04:17:14 AM

Quote from: FortySeven on April 01, 2018, 03:09:35 PM

Quote from: carriebee on March 30, 2018, 09:15:02 AM

Quote from: gee777 on March 30, 2018, 09:07:15 AM

Quote from: girib1684 on March 30, 2018, 05:52:09 AM

Progress bar grown in last two days, participants count also increased by more than 100. Last 1 day, 7 hours are remains to close ICO. Lets see how much fund they will get till end of ICO.

I thought ico was prolonged for one month plus... Or they are going to end the present before kicking of with the new one?

I noticed that this Ico will ends in 1 day, and it doesn't reach the hardcap. If they had planned to prolonged the Ico, how much would be the hard cap?

Maximum supply is now 5,555,555 FSBT. Please check update in our website: www.fortyseven.io

Quite an amazingly low supply that makes a lot of sense, this should easily be among the very top coin before year end..

Indeed a very low Token supply. If they sold all Token and reach hardcap you will have only 5.5 Million Token. The market capitalization will be around 20 million $. Not much for a Crypto Bank with all the advantages

Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 72. (Read 58117 times)