Thanks for your contributions krach. I became interested in Savedroid after the "scam" so I didn't read all the old post.
It only proves that time and time again, the information is out there, so if people just do their due diligence before they invest, they can avoid costly mistakes.
Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 65. (Read 55436 times)
I found this article quite interesting:
http://finanz-szene.de/die-ultimative-analyse-des-geschaeftsmodells-von-savedroid/
It is in German, but basically it says that token holders are completely in the hands of the developers when it comes to any increase in the value of the coin, and also that their model is based on a staggering 15% fee on crypto transactions!
That means that for a trade back and forth between crypto and fiat will set you back almost 30%.
http://finanz-szene.de/die-ultimative-analyse-des-geschaeftsmodells-von-savedroid/
It is in German, but basically it says that token holders are completely in the hands of the developers when it comes to any increase in the value of the coin, and also that their model is based on a staggering 15% fee on crypto transactions!
That means that for a trade back and forth between crypto and fiat will set you back almost 30%.
Read all my posts in this thread, you will see that I have been saying this for, months.
http://finanz-szene.de/die-ultimative-analyse-des-geschaeftsmodells-von-savedroid/
Have you already blocked my posts? This would explain why you stick at the same false assumptions for weeks.
I do not want to go into most of this very critical poster, he does not even seem to be able to find a link under a logo.
I would only care if this 7.5% fee is correct when buying and selling cryptocurrencies. That would be way too high for me. But I have not found any information in this regard, does anyone have an exact source?
There is no source as the 7.5% is just an example calculation preset in the token model, not even as a fee more as overall earning including spreads etc. As also stated by @ibininja a fee is something which has to be adjusted to the market, therefore we published the token model where everyone can make his own assumptions on a possible price scenario.
You would hope that an ICO that raises millions would understand how a forum works, and that you can not block messages here, or maybe pay someone to explain it to you.
but if you ask
"what is up with the 7.5%" silence
"what is up with the 7.5%" silence
Have you already blocked my posts? This would explain why you stick at the same false assumptions for weeks.
I do not want to go into most of this very critical poster, he does not even seem to be able to find a link under a logo.
I would only care if this 7.5% fee is correct when buying and selling cryptocurrencies. That would be way too high for me. But I have not found any information in this regard, does anyone have an exact source?
Quote
Have you already blocked my posts? This would explain why you stick at the same false assumptions for weeks.
You would hope that an ICO that raises millions would understand how a forum works, and that you can not block messages here, or maybe pay someone to explain it to you.
The Savedroid Project shows a bad reputation. The team of this project build this project unprofessionally, even though they have received many financial supports from their token sale. Many people will be disappointed for this condition.
Big project...Great idea...Strong team management.... I agree to stay with u:)
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
After the bad marketing stunt this project is under the attack of trolls majority of the people are trying their best to make panic other and distribution process is also moving very slow. I hope soon it will get succeed to resolve all issue and this will find the way to make good progress.
shut up please
i buy 500k svd and my group buy about 20M svd with 200k euro
just now we don't get our token
our KYC pending from 2 month
admis every time tell us this week every time same lie and still now we don't get any thing
no one attack this project
the admins lie and stupid idea make people panic
Yep, you are absolutely right. They sent out payouts till 2 minutes ago from their wallet. Now the matter is whether they started to pay to participants too or these are payments for remaining investors. It will be cleared in next few hours. They most probably were off for last couple of days.
They are online now. 13 millions token has been minted.
https://etherscan.io/token/0xbdEB4b83251Fb146687fa19D1C660F99411eefe3
https://etherscan.io/token/0xbdEB4b83251Fb146687fa19D1C660F99411eefe3
I found this article quite interesting:
http://finanz-szene.de/die-ultimative-analyse-des-geschaeftsmodells-von-savedroid/
It is in German, but basically it says that token holders are completely in the hands of the developers when it comes to any increase in the value of the coin, and also that their model is based on a staggering 15% fee on crypto transactions!
That means that for a trade back and forth between crypto and fiat will set you back almost 30%.
http://finanz-szene.de/die-ultimative-analyse-des-geschaeftsmodells-von-savedroid/
It is in German, but basically it says that token holders are completely in the hands of the developers when it comes to any increase in the value of the coin, and also that their model is based on a staggering 15% fee on crypto transactions!
That means that for a trade back and forth between crypto and fiat will set you back almost 30%.
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
After the bad marketing stunt this project is under the attack of trolls majority of the people are trying their best to make panic other and distribution process is also moving very slow. I hope soon it will get succeed to resolve all issue and this will find the way to make good progress.
Actually, I thought after having annoyed so many people and damaged their reputations with their marketing stunt they would try everything to remedy this huge mistake. But they are still behaving unprofessionally and lacking transparency. Don't understand that.
Absolutely agree. Unprofessionally a very precise adjective that describes the actions of a team SVD.
Instead of as soon as possible to finish distribution of tokens, and to explain the actions concerning exchanges in order to calm investors, the SVD team makes them even more nervous, with double force.
Last mint:
2 days 2 mins ago
Total mint in last 4 days : 7,000,000
2 days 2 mins ago
Total mint in last 4 days : 7,000,000
"soon it will get succeed to resolve all issue and this will find the way to make good progress."
Sorry buddy but seems like it will be very hard to achieve after all that. A lot of people already want to escape from here on any first exchange, and me too.
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
After the bad marketing stunt this project is under the attack of trolls majority of the people are trying their best to make panic other and distribution process is also moving very slow. I hope soon it will get succeed to resolve all issue and this will find the way to make good progress.
Actually, I thought after having annoyed so many people and damaged their reputations with their marketing stunt they would try everything to remedy this huge mistake. But they are still behaving unprofessionally and lacking transparency. Don't understand that.
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
After the bad marketing stunt this project is under the attack of trolls majority of the people are trying their best to make panic other and distribution process is also moving very slow. I hope soon it will get succeed to resolve all issue and this will find the way to make good progress.
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
After the bad marketing stunt this project is under the attack of trolls majority of the people are trying their best to make panic other and distribution process is also moving very slow. I hope soon it will get succeed to resolve all issue and this will find the way to make good progress.
I feel let down by the team and the developers. At first I thought that this project is promising, and potentially big in the future. I see the team will be honest to the participants. But why until now there is no certainty and the latest news from the project. Distribution is constrained, and everything does not go as expected. Should we wait patiently for distribution?
i hate the day that i invest in this project
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
kyc not complete yet
minting not complete
admin every day say new lie
please tell us that this is scam ico and stop playing
https://etherscan.io/token/0xbdEB4b83251Fb146687fa19D1C660F99411eefe3
One business day passed and still noting !
Last minting 1 day 4 hrs ago
One business day passed and still noting !
Last minting 1 day 4 hrs ago
I don't know if that's the reason but here in Germany we have a public holiday. Let's see if minting continues tomorrow.
Thanks for letting me know.
https://etherscan.io/token/0xbdEB4b83251Fb146687fa19D1C660F99411eefe3
One business day passed and still noting !
Last minting 1 day 4 hrs ago
One business day passed and still noting !
Last minting 1 day 4 hrs ago
I don't know if that's the reason but here in Germany we have a public holiday. Let's see if minting continues tomorrow.
https://etherscan.io/token/0xbdEB4b83251Fb146687fa19D1C660F99411eefe3
One business day passed and still noting !
Last minting 1 day 4 hrs ago
One business day passed and still noting !
Last minting 1 day 4 hrs ago
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