[ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 74.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: rathaha10 on April 01, 2018, 11:45:20 AM

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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%.

I thought they intend to raise the remaining part of the unreached cap and not necessarily wait for eth to rise Huh

I hate to sound like this but what then happen if eth refuses to rise Huh

FortySeven

full member

Activity: 280

Merit: 101

Quote from: carriebee on March 30, 2018, 10:15:02 AM

Quote from: gee777 on March 30, 2018, 10:07:15 AM

Quote from: girib1684 on March 30, 2018, 06:52:09 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

FortySeven

full member

Activity: 280

Merit: 101

Quote from: Owillz on March 29, 2018, 03:01:58 PM

Quote from: faulerwilli on March 29, 2018, 11:00:32 AM

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.

FortySeven

full member

Activity: 280

Merit: 101

Quote from: nesh1 on March 29, 2018, 11:33:01 AM

Quote from: FortySeven on March 29, 2018, 11:22:24 AM

Dear contributors and our followers,
We have some very important notice for you regarding exchanges and ICO.

Please read it very carefully:
https://goo.gl/aQo9QQ

So you are not going to put FSBT on exchanges till ethereum hits 700-800 USD again? But i am glad to see that the rest of the road map will go according planned.

If the situation on the market won't change to good, and we won't see any good rebounds, we will enter exchanges as is. Right now we don't want our contributors to lose money

Owillz

member

Activity: 532

Merit: 10

Quote from: cryptossi on April 01, 2018, 02:02:11 PM

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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.

You have a valid point there. They didn't expect the market to go this way and thus the can't also expect the market to come up according to their timing. No one knows when it will all end.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: cryptossi on April 01, 2018, 02:02:11 PM

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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.

Ace44

member

Activity: 672

Merit: 11

Quote from: ibininja on April 01, 2018, 09:17:49 AM

Quote from: Ace44 on April 01, 2018, 05:59:44 AM

Quote from: Cnote328 on April 01, 2018, 04:28:30 AM

Quote from: Leodalat on April 01, 2018, 01:00:22 AM

I think FORTY SEVEN BANK isn't exchange now that is very good. But FORTY SEVEN BANK prolong ICO that is bad for invester's faith. I think FORTY SEVEN BANK should focus on implementing and accelerating the proposed roadmap. Anyway I love FORTY SEVEN BANK and always support

Hello friend, here is a link to an article shared by Forty seven bank regarding the prolonging of ICO https://goo.gl/aQo9QQ. I think the reason given are quite reasonable, they also put into consideration the interest of their investors which tells a lot about them.

Yes, that's the way it should be, one thing is to have a business, another is to understand when to reform modalities in order to achieve targeted results, is all about adaptation for survival, more like a survival instinct, is commendable and that should give us a glimpse of the business acumen of the team

Agreed with Ace44 as long as there is a business logic that would impact the business then it has to be done aside from the emotional aspects of things. You don't want to build a business on random decisions without basis. As long as there are valid transparent reasons I think the decision would be sound despite how it may look like. I don't all the details of extension but I am sure the team studied all options. We just wait and see the result.

You sound like a true businessman, sometimes one just need to take a stand in what he/she believes in, as long as its on the positive side, you're good to go and that also reflects to business, just as Forty Seven Bank just did and as long as is for the good of this project, i'm cool with it

Hendobox

newbie

Activity: 154

Merit: 0

Quote from: Zombie259 on April 01, 2018, 12:41:08 PM

Quote from: Cnote328 on April 01, 2018, 12:28:53 PM

Quote from: phantam on April 01, 2018, 11:32:35 AM

Quote from: girib1684 on April 01, 2018, 11:19:05 AM

Quote from: Zombie259 on April 01, 2018, 10:25:33 AM

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

That's correct. But suppose market recovery will take time then you can hold tokens for sometime. Because on holding tokens you will be edible for more benefits.

I don’t get peoples anxiousness for the token to list with the market so low it’s just asking for weak hands to devalue the token. I mean I don’t see an issue as long as 47 continues to develop the platform and launch the bank. Progress on the company is more important at this point than being listed yet or that’s how I see it

I’d imagine if recovery takes too long for market they will reevaluate

People are naturally impatient if Forty seven bank token get listed now it does more harm than good. Like Phantam wrote the progress on the company is more important at this point than getting listed.

That is the problem, impatience. What advantage have the 47B Team and the investors when the Token is listed and the price decrease like the market?

Honestly it can be sickening sometimes, the impatience. I think anybody who invested with a good understanding will flow with this. I am satisfied with the steps so far

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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?

Since they have long reached the softcap, there is no money back. The project starts as planned, it just takes a little longer. Some features will probably be implemented next or the year after. This is all about the exchanges, which they postpone until ETH is back at 700 - 800.
I find it interesting that they firmly believe that the value will rise again so high

gee777

member

Activity: 728

Merit: 10

Quote from: cryptorani on April 01, 2018, 12:44:06 PM

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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.

Development of the proposed project is what we need to be worried about than 47bk being listed on an exchange and i know the team are doing a great job in trying to gibe their investors something to smile about.

cryptorani

newbie

Activity: 56

Merit: 0

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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.

Zombie259

member

Activity: 420

Merit: 11

Quote from: Cnote328 on April 01, 2018, 12:28:53 PM

Quote from: phantam on April 01, 2018, 11:32:35 AM

Quote from: girib1684 on April 01, 2018, 11:19:05 AM

Quote from: Zombie259 on April 01, 2018, 10:25:33 AM

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

That's correct. But suppose market recovery will take time then you can hold tokens for sometime. Because on holding tokens you will be edible for more benefits.

I don’t get peoples anxiousness for the token to list with the market so low it’s just asking for weak hands to devalue the token. I mean I don’t see an issue as long as 47 continues to develop the platform and launch the bank. Progress on the company is more important at this point than being listed yet or that’s how I see it

I’d imagine if recovery takes too long for market they will reevaluate

People are naturally impatient if Forty seven bank token get listed now it does more harm than good. Like Phantam wrote the progress on the company is more important at this point than getting listed.

That is the problem, impatience. What advantage have the 47B Team and the investors when the Token is listed and the price decrease like the market?

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: phantam on April 01, 2018, 11:32:35 AM

Quote from: girib1684 on April 01, 2018, 11:19:05 AM

Quote from: Zombie259 on April 01, 2018, 10:25:33 AM

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

That's correct. But suppose market recovery will take time then you can hold tokens for sometime. Because on holding tokens you will be edible for more benefits.

I don’t get peoples anxiousness for the token to list with the market so low it’s just asking for weak hands to devalue the token. I mean I don’t see an issue as long as 47 continues to develop the platform and launch the bank. Progress on the company is more important at this point than being listed yet or that’s how I see it

I’d imagine if recovery takes too long for market they will reevaluate

People are naturally impatient if Forty seven bank token get listed now it does more harm than good. Like Phantam wrote the progress on the company is more important at this point than getting listed.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: gee777 on April 01, 2018, 10:40:33 AM

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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%.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: ibininja on March 31, 2018, 07:27:16 AM

Quote from: vcxv on March 30, 2018, 11:06:59 PM

Just a reminder to those who missed-

ICO date has been extended till 30th April 2018
Hardcap reduced to - 5 000 000 FSBT
maximum amount of generated tokens — 5 555 555 FSBT
Bounty period is also extended till ICO

reducing cap is a great move to be honest. I am glad the team considered that and are willing to make changes that ensure successful sale. Let us see how this would progress given the changes are in place.

All I can see is the flexibility of the team which shows that they can adapt at any situation given which boost my confidence in the project the more as it shows that they can handle any market situation in the nearest future

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: girib1684 on April 01, 2018, 11:19:05 AM

Quote from: Zombie259 on April 01, 2018, 10:25:33 AM

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

That's correct. But suppose market recovery will take time then you can hold tokens for sometime. Because on holding tokens you will be edible for more benefits.

I don’t get peoples anxiousness for the token to list with the market so low it’s just asking for weak hands to devalue the token. I mean I don’t see an issue as long as 47 continues to develop the platform and launch the bank. Progress on the company is more important at this point than being listed yet or that’s how I see it

I’d imagine if recovery takes too long for market they will reevaluate

girib1684

member

Activity: 168

Merit: 11

Quote from: Zombie259 on April 01, 2018, 10:25:33 AM

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

That's correct. But suppose market recovery will take time then you can hold tokens for sometime. Because on holding tokens you will be edible for more benefits.

gee777

member

Activity: 728

Merit: 10

Quote from: Abah007 on April 01, 2018, 04:30:40 AM

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.

Zombie259

member

Activity: 420

Merit: 11

Quote from: Hendobox on April 01, 2018, 09:50:27 AM

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

I think that is very responsibly from the 47B Team across their investors. As you mentioned, some investors have bought when ETH was about 1000$.

Topic: [ANN] 💠 FSBT TECH 💠 – Open API For Fintech Developers - page 74. (Read 58107 times)