I was an ICO investor and why I am still buying credits?
1. There are 35 people on their team and another 9 advisers including people from IBM. They have said that the alpha achieved 300 tps. They put their reputation at stake. If this is untrue, they are all lying and probably will be labelled as liars for life. They have got the most to lose if they are lying (instead of the reverse)
2. Their ICO was 20 mn dollars, was supposed to start on 1st Feb. The dudes decided that since their alpha is not released, they will postpone the date to 15th Feb and then again postponed to 18th Feb. I was so pissed off, but at least they gained my respect. They want to deliver. One risk that exists is that the final timeline could extend to say July or August.
Negatives
1. They used some basic algo. I think that is a noob mistake, it is okay. We all do. Means not all are rockstars in the team
2. They don't have a well recognized team and well recognized advisers. Very true. They still have a decent set of people as far as I am concerned.
I think the negatives are slightly heavier than the positives. But remember, if I put $1, I can get $10 and at max lose $1. By that count, I am better off buying now and taking the risk at this team, that just waiting on the sidelines.
Remember, there were a huge bunch of people who did just that in ICO, waited in the sidelines while the price has gone by 3X in a bear market.
Finally, these are my perspectives. You do what you feel you should do.
New account again. Arent you tired of creating new accounts, saying that you prefer get in low and wait for the price x10 and not waiting and having regrets later?
Such a scammy way of speaking.
20 milion raising ICO that now worth 60 mln makes such a noobs mistake? Are you kidding us or what?
NO CODE, AMATEUR DEVELOPERS, SHADDY REPRESENTATIVES EVERYWHERE, FAKE ACCOUNTS, BANNINGS FROM TELEGRAM, ETC.
STOP TRYING TO CONVINCE MORE PEOPLE INVESTING TO YOUR NOTHING!
Create something, let us see the progress of it, dont be shaddy, hire some more expert developers, be honest and then we can invest on you.
Hey Sebestain,
Yes, my account is new, but I have been reading mostly since I joined on Jan 6. What's the point of writing posts if you don't know. I have had some other investments like BABB, which are not doing great and a couple of other ICOs which I hope will do fine.
Why I write now? Because I believe in credits
However, I disagree that I am a fake account created by the team. You can see me on telegram with the same id active on their telegram group, that of babb and others if you want to verify.
It will be your choice to invest or not, based on your confidence level, but do keep an eye on this. I would not comment on their development team capability, but disagree that they are untrustworthy. As I said they have gained my trust over time, hopefully they will gain yours too if you are in their group. I don't think they ban people unless there is strong FUD associated. I saw Ivan a number of times in the telegram after he created that video questioning the team on md5 hashing. He was still chatting in the group later saying he missed the dip, just like I too did.
