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.