8k ether is not so bad for a start i believe. Ether prices will effect also this ico. If ether price going to stable people will invest more on this project.
Lets see
Where are you ETH whale friends? You say you organize the ETH meetup in Bay area, but only 8k ETH funded, so did you brag about the truth? If you have whale friends they can fund you a lot.
The more investment will come into this crowdsale there is no bonus offer for this ICO. A lot of people trading at the moment so it will reach in final week than we will see big investment into this project.
This exactly. If an ICO doesn't have a bonus structure, you'd be incentivized to wait until the last moment. There is absolutely no benefit to going first. If you put money towards the end, you have a chance to value the project based on the money sent so far, and make a more informed decision towards the end. I suspect a majority of the funds will be raised in the last day or so.
this is the only thing I'm thinking would make it hard to succeed, and if they just alter any ratios now (LUN/ETH) it might cause some friction.
I at first thought damn why didn't I wait in case eth drops, but now I'm really thinking ETH is going to go much higher. As soon as mainstream adoption/speculation occurs these coins can hit 300 no prob because it's nothing to most people interested in new technology/ventures. You think about it many 'coins' only had like 900 people or 2000 people that the networks consist of, and thats when they're under a penny or whatever.
TL:DR I wouldn't bet on ETH staying stable or crashing for more than a day. I think ETH is gaining mainstream space, and while it still might be a minute before it shoots (if it didn't already
) I now think kinda firmly that ETH will hit 300 easily if it doesn't have some sort of fatal error exposed. Everyone brings up the DAO but those people are also apparently afraid to learn and
improve their mistakes.
If this project succeeds then I think all those who invested early
will be happy they did so, because I've heard 'normal' blue collar people talking about bitcoin and ether now...I'm diversified into many tokens but asap when I get some more work irl I'm getting ether with the checks
That's not how it works though. If you invest later, you have more knowledge. The first day investor cannot know as much as the last day investor. For example, you may think LUN is worthy of an investment at a valuation of $10 million. It makes sense then to wait till the last moment to invest, as you know more about the project valuation then than on the first day. If it's already more, then you can skip the investment. It is not a hope of waiting for ETH to crash, because I suspect most people already hold ETH. It's a matter of getting more market information that can be used to make a decision of whether to participate in the ICO or not.
you can't just say 'that's not how it works'. Having more knowledge does obviously offer the better edge (considering the price is stationary) if you're thinking of this as a future profitable venture but that edge is moot if eth hits $75 (and Lun remains at 44) now it's like the DAO 1.5 eth scenario.
obviously, for people who believe in the project for the LONG term don't really care about price, they care about the message and the idea, but we all know that's not the ICO game for 75%+ of investors. You understand risk/reward obviously, you don't sound uneducated (like myself), so the person investing with the least information stands to lose the most, or reap the highest gains.
I guess my point was, and we ALL know this or we're lying, you know how the ICO scene works for MOST people. So obviously the Lunyr ICO seems like it's structured to offer incentive for people to wait for more information, but with the way crypto's work, and have worked for a while, ETH could go much higher in a night...we in the US never fully know what Korea is going to be buying...and vice versa. So for everyone who thought 'hey ETH is remaining stable, I'll get in later when I have time' might find themselves getting 44 LUN for $100 or more, while many people like to take the better safe than sorry approach, countless people have gotten straight up stupid gains by betting on more than just evolving project valuation, because then you'll be in before the majority of investors realize the project is undervalued.
You bet big, you can win big...but hopefully (for them) no one is planning on getting LUNYR in a week and sees ETH hit a steady 60 or 70 or more by Weds...
Like I said I agree with the waiting factor being the reward itself for gaining more knowledge...but I think you're playing too rational in an industry that has proven time and time again that it will remain illogical longer than you'll remain solvent...that is if you're trying to play it instead of just hodling....big, intuitive bets followed with months of hodling is what made me and many others nice nice modest gains in value, and I suspect will continue to at least while this industry is the wild west of tech
Crowd sale is looking good.. few days in and already over 9K eth, almost 40% of min without early investor bonus.
I forsee massive FOMO buying at the last few days, so all around this project is looking well established...
^^^ this but hope that ETH doesn't pull moves like it did from 40 to 50....I traded my last btc and advised friends the same right before the ~42-~49 leap and we all got decent chunks.
Ever since ETH hit MSN you should just be ready to diversify wisely, or trade the waves down and lock in even more