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Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 73. (Read 58107 times)

newbie
Activity: 154
Merit: 0
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

As 47B have announced that they list on exchanges when the price for ETH is back between 700$ and 800$, it is good for the investors.
Yes you guys have made the correct facts about the situation. It is surely a good time for investors to rack in more profit by buying the tokens very cheap. It will be a win-win
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
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..
member
Activity: 728
Merit: 10
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.

This was the right move and i am glad that decision was made, it has now made it easier to attract investors and reaching the hardcap possible.
member
Activity: 252
Merit: 10
FORTY SEVEN BANK has a strong strong concept for crypto world. Looking forward to participating on these activities.
member
Activity: 168
Merit: 11
if there is no changes with the market at the end of April ? Will forty seven bank revert their investors money back or  will they still hit exchanges if the market still doesn't get better?

This is a valid question but the team already mentioned that they won't go into an exchange until eth reaches 750 to 800 usd.. By the statement even by the December they won't hold back till their condition is met.

They just don't want their investors to lose their money, so they will wait for ETH to be high again. Anyone have noticed it ? The site has been updated. They removed the bonus 10%.
They changed website and options. Means they removed 10% and tokens quantity also reduced to 212. In short as per today's ETH rate tokens value approx 1.8$ each.
member
Activity: 672
Merit: 11
if there is no changes with the market at the end of April ? Will forty seven bank revert their investors money back or  will they still hit exchanges if the market still doesn't get better?

This is a valid question but the team already mentioned that they won't go into an exchange until eth reaches 750 to 800 usd.. By the statement even by the December they won't hold back till their condition is met.

I dont think we have to wait till December. ETH done more than 70% correction, now its time for ETH to go up. Also FSBT team is making good progress towards developing project as per roadmap. So I see good future for FSBT.

That's great to hear, cryptocurrency is unpredictable, you never can tell what will happen the next minute, specifying till December can be absurd, so lets just remain calm and watch the market but my optimism is on the high side, as i believe things will change for the better
member
Activity: 420
Merit: 11
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

As 47B have announced that they list on exchanges when the price for ETH is back between 700$ and 800$, it is good for the investors.
full member
Activity: 994
Merit: 140
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
member
Activity: 490
Merit: 10
Just to make it clear, the decision to hold investors funds for 1 month was made so that investors don't lose their money because of the recent market drop. Some investors bought in when the price was 4$. The team simply wants to protect everyone from loses

Do you mean the funds are kept in fiat or? It would great to have more details on this. Assuming ETH did not recover sooner than that what would happen? I understand ETH is not acting in favor for many ICOs and esp for 47 since the token is tied to ETH. Let us hope recovering would be sooner. At least with the reduction of hard cap things are expected to lessen a bit.
newbie
Activity: 56
Merit: 0
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?
member
Activity: 168
Merit: 10
Some Information about the ICO, they are prolonging it for one additional month an lowered the hardcap!

https://medium.com/@FortySeven47/important-announcement-b713c24e51a7

This was highly expected and I think I get the need to extend the ICO sales period but what I don't really get is the need to lower the hardcap. Will the new hardcap be enough to compete the project conveniently?
As we are lowering the Hard cap till 5 mln, the value of tokens will be much higher.

Wow. Nice to read your response  here again after a long while. Thanks for clearing that up for me. I would like to suggest that fiat payment be implemented (if not done already) during this extension period to cut out or reduce the influence of ETH dipping price on invested capital.

I agree, lowering the hardcap by half tokens is really good for FSBT token holders. Less number of tokens means good return per token as profit sharing Smiley
member
Activity: 350
Merit: 16
Some Information about the ICO, they are prolonging it for one additional month an lowered the hardcap!

https://medium.com/@FortySeven47/important-announcement-b713c24e51a7

This was highly expected and I think I get the need to extend the ICO sales period but what I don't really get is the need to lower the hardcap. Will the new hardcap be enough to compete the project conveniently?
As we are lowering the Hard cap till 5 mln, the value of tokens will be much higher.

Wow. Nice to read your response  here again after a long while. Thanks for clearing that up for me. I would like to suggest that fiat payment be implemented (if not done already) during this extension period to cut out or reduce the influence of ETH dipping price on invested capital.

I thought FIAT had already been added on to this? It would certainly help with the fund raising and be attractive to other investors since how badly hit the crypto market is. Not many more people will want to sell this low
full member
Activity: 546
Merit: 106
Bountyhive.io
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.
I totally agree with the steps they have taken to make the project a success. It shows how brave and determined the team is to make it all work out as planned.

They at least showed us that they are enable to make hard decisions about their coin. Everything in the world is a risk today, but they sure showed us here that they are not unprofessional.

Very correct mate, reduction of their hardcap will give room to increase of token price and also put a smile on existing investors faces having bought with the old hardcap and give potential investor a reason to purchase 47 token.

Yep same way that burnoffs end up shrinking the market and leading to a better overall market cap hopefully this will remain the case for the ico as we see it come into exchanges at a reduced token cap and hopefully higher per token valueation in the long run
newbie
Activity: 112
Merit: 0
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.
I totally agree with the steps they have taken to make the project a success. It shows how brave and determined the team is to make it all work out as planned.

They at least showed us that they are enable to make hard decisions about their coin. Everything in the world is a risk today, but they sure showed us here that they are not unprofessional.

Very correct mate, reduction of their hardcap will give room to increase of token price and also put a smile on existing investors faces having bought with the old hardcap and give potential investor a reason to purchase 47 token.
full member
Activity: 616
Merit: 108
io.ezystayz.com
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.
I totally agree with the steps they have taken to make the project a success. It shows how brave and determined the team is to make it all work out as planned.

They at least showed us that they are enable to make hard decisions about their coin. Everything in the world is a risk today, but they sure showed us here that they are not unprofessional.
newbie
Activity: 154
Merit: 0
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.
I totally agree with the steps they have taken to make the project a success. It shows how brave and determined the team is to make it all work out as planned.
full member
Activity: 616
Merit: 108
io.ezystayz.com
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.
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
if there is no changes with the market at the end of April ? Will forty seven bank revert their investors money back or  will they still hit exchanges if the market still doesn't get better?

This is a valid question but the team already mentioned that they won't go into an exchange until eth reaches 750 to 800 usd.. By the statement even by the December they won't hold back till their condition is met.

Well we could be waiting years for it to get back up to $750 / $800. I don't really know how long they want to wait for the project to hit the exchanges, obviously I hope markets pick up quicker than that but who knows when this slump will end.

Lol years? It took it like 2 months to get to it’s ATH theirs no reason to believe suddenly all interest in ethereum magically disappeared in last 2 months. It’s true no one can predict the future and I would say hopefully it recovers soon

The team should give a timeline for listing nonreliant on the market though I understand protecting launch market cap but they need a plan for investors beyond the market

Yeah it could take years? It doesn't mean I think people should sell or stop buying and I am still extremely bullish on ETH/BTC and crypto in general.

I like your optimism but you can't just expect prices to return to ATH's within a couple of months after what has happened since January.

To be honest I think now is a great time to invest and I like how Forty Seven bank have extended their ICO, because cryptos are so low people will get an amazing discount on FSBT tokens.

I just would have preferred if 47B had set a target date to get listed on exchanges instead of waiting for ETH to return to the value it was previously which is extremely unpredictable.

I understand they initially calculated their token sale figures on the value of ETH when it was $750-$800 but they should have expected or taken into account that prices could potentially drop, like they have done over the last couple of months.
member
Activity: 532
Merit: 10
Some Information about the ICO, they are prolonging it for one additional month an lowered the hardcap!

https://medium.com/@FortySeven47/important-announcement-b713c24e51a7

This was highly expected and I think I get the need to extend the ICO sales period but what I don't really get is the need to lower the hardcap. Will the new hardcap be enough to compete the project conveniently?
As we are lowering the Hard cap till 5 mln, the value of tokens will be much higher.

Wow. Nice to read your response  here again after a long while. Thanks for clearing that up for me. I would like to suggest that fiat payment be implemented (if not done already) during this extension period to cut out or reduce the influence of ETH dipping price on invested capital.
full member
Activity: 994
Merit: 140
Some Information about the ICO, they are prolonging it for one additional month an lowered the hardcap!

https://medium.com/@FortySeven47/important-announcement-b713c24e51a7

This was highly expected and I think I get the need to extend the ICO sales period but what I don't really get is the need to lower the hardcap. Will the new hardcap be enough to compete the project conveniently?
As we are lowering the Hard cap till 5 mln, the value of tokens will be much higher.

i really love this point:-)
I am following the 47BK Project now shortly after the presale was over. Unfortunately, I missed it, but since then I've gained some tokens and I'm really happy about the new max. supply of 5,555,555 tokens :-)
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