Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 49. (Read 55436 times)

But the question is that we really need this exchange to make the growth process healthy as majority of the people were expecting at this time of ICOs. From my point of view they are wasting the time with this kind of stupid tricks instead of taking really good step. When they will understand what community want from them.

@tobson2 said :
For the HADAX ranking, it's only important to get into the top 3 of Europe as it's a special European voting, when you've read the terms carefully. So we're in a very good position right now and thankful for all voters without the need scamming anyone and voting on our own.

the lesson for this vote to savedroid developer is : the community againts them, so they must repair this relationship with community and make community support them again

I don't understand why they are putting all efforts to make it list on this low volume. The team should show some responsibility by taking good steps to find the space on big exchanges to get recover from past disaster.

https://www.hadax.com/vote/?v=150|SVD


 

1- ARN Aeron[Europe & Australia Edition]    Amount of votes： 15,260,037
2- FND FundRequest [Europe & Australia Edition] Amount of votes： 5,346,527
3- SVD Savedroid [Europe & Australia Edition] Amount of votes： 415,606

They will not do that unless there would be a way to legally force them and that doesn't seem to be the case. What I would like to know is if they maybe refunded individuals, big pre-sale-Investors who may have more leverage, more legal power and influence. There is no reason to assume that until now, but if and if something like that would come to light, the next shitshow would start immediately.

Credit-Card-Buyers may have a chance, because they don't have the token yet.

But I agree, they should've done it as a choice for all participants, because it would have had a lot of advantages for all sites, while the disadvantage of having less funds is not significant. It would still be about >$20 million if 50% would want a refund. It would have lowered the total supply what would give more price-potential once listed, it would stop the bad mood and complaining, because those who would have made that choice would have left.

But: They should have made that decision right after the PR-Stunt and communicate it smart - in such a scenario they could have turned the bad situation into showing integrity and fairness. If they do it now... it would probably just lead to more bad headlines because it would be considered as a very late admission. And after the delays and the messed up voting maybe/likely even more would make the choice to get the money back.

Btw, regarding the market situation: The situation of credit card buyers is another reason for pessimism. Their tokens will not be mined and given to them until 180 days after payment = 6 months. That means, in about 3 months their supply will reach the exchanges. While that is not a real increase of supply, practically it will be exactly that for the market. Since listing will probably not happen before July there will also not be much time for the price to find a high price until the first Guys are smart enough to anticipate that dynamic as risk and start to sell. And if the price should dump hard before - not much time to recover until CC-buyers send their SVD to exchanges as well.


This team is very consequent in making bad choices.

someone post here asking refund, and a lot of people asking refund at telegram group but dev reject it, so refund is impossible at the moment.

There is another option:

Refund investors! Every investor should have the possibility to apply for a refund...

I think until now only a small part of the funds has been already spent for project related things, so it should be possible to refund an investor by his application for almost 100% by return of his SVD Tokens.

This is the only honorable and legitimate way to handle this situation.

It would be the proof of a good will and would represent a true excuse by savedroid and its team. This way savedroid takes full responsibility for its actions and decisions and has at least the chance to regain trust.


Maybe someone can initiate a petition/survey about a possible refund and help spreading it among all investors ?

I have no doubt that it will be listed. But the market situation will be very complex no matter on which exchange. A big exchange would probably help but it may not be enough to keep the price. Reasons are:

1) Savedroid doesn't seem to have much support from the Crypto-community and in my opinion there is nothing about this project that will impress Crypto out of several reasons - actually more the opposite. While Crypto-folks are not necessarily the target-group of this project but people who just want to save money in an easy way, the problem for the market-situation will probably be: Those potential users are simply not there yet.

2) The price that was set during the ICO is very high with a marketcap of about $50 million while the total is even higher. Even under best circumstances it wouldn't be easy to keep such a high valuation.

3) The business model seems totally flawed to me. No rational mind will save money by paying a 15% fee first to get money into it, just to pay 15% again if he wants his money back. In such a case there are two scenarios: Such a guy would lose and not save money if the portfolio he buys just keeps its value - and the loss would be significantly: about 30%. If the portfolio would rise in value by about 30% he would not have any profit because fees would take it away. Incentive to use Savedroid? None. If they lower the fees it may be a little better but wouldn't change the problem fundamentally - Savedroid would still be 1) too expensive, or 2) will not burn much SVD. That makes SVD to a bad Investment in both scenarios. Considered that it's ICO-price is on an insane level... it would need irrational and/or uninformed gamblers who buy it.

4) The PR-Stunt was damaging of course and it was damaging in several ways. It frustrated Investors, damaged trust, told a story about the team and in/competence etc.

5) The voting was absolutely not helpful as well. Actually it had a similar effect on Investors, just without big headlines and therefore not much impact on the public.

6) They have no shots left now, shouldn't disappoint again.



There is a scenario that may include a chance and it's mainly about two, maybe three, aspects:

1. They should manage to get this on a big exchange, if that shouldn't realize, disappointment and frustration will be overwhelming and probably have terrible impact on the price.

2. In best case they are able to combine a listing with a good release, something that gives hope and raises more positive attention

3. The market may turn bullish - but that is impossible to predict

But even if... just the high valuation doesn't leave much potential and if impatient guys don't see price potential after a listing they tend to sell. Considered all the points above that may already be enough to drive the valuation down significantly. At least this won't be boring...

no mate this savedroid cannot list at exchange, because no exchange accept it, they are labeled as a scam as you said

It's too late now, we can get listed in Binance and that wouldn't make a difference. The project is labeled as a scam everywhere in the internet.

why really wanted to list at top 5 exchange ? that top 5 exchange cannot guarantee token price will 2x 3x 4x 5x etc etc
why dont we start from top 20 or top 10, if many people interested to this project even at top 500 exchange, people will buy it

The team is still confusing about the direction of this project and how to make clam down the investors by providing a acceptable solution in current situation. If they will make arrange to make it list at least 1 exchange from top 5 than it will be nice for this project.

Do you know if tokens are still locked, is this still current Status Quo?

Because they are SCAMDROID

They will continue say 2-4 weeks , 4-6 weeks , 6-8 weeks , 8-10 weeks , 10-12 weeks , 12-14 weeks , 14-16 weeks until years 3030

Instead of creating more telegram groups better use open access channels like this thread for open discussions. After all you used millions of dollars having start from this forum and now insisting people to come to other channels for questions and issues doesn't sound professional. Burning question of the time is when top 5 exchanges which will remain in any channel.

Yes,  The biggest question right now is when will SVD be listed on exchange?

They said 2 options:
1- List as soon as possible  ( within 2 weeks )
2- Top 5 ( 4 - 6 weeks )

So  4 weeks is minimum and 6 weeks is maximum. But still they can not confirm 6 weeks and this is a joke. If you can not confirm 6 weeks  why you said it in vote?

After 6 weeks they will say:  Within few weeks, 3-5 weeks, several months,  in q3 2019, we can not give you an exact time, soon, etc

The biggest question right now is when will SVD be listed on exchange? If that is not answered specifically, then SVD team is messing with the project, sorry to say.
Go to all social media, that's one quesion that is most repeated over time.

Bro seriously, would you be happy if he would clarify during AMA that SVD will be listed in say 3 or 4 weeks?
He can't predict the future of the market confidence. Keep this in mind!!!

there are other questions that needs to be answered by Dr. Yassin besides the date of the exchange. We just need to wait for the AMA and more information will be provided