You can sell ETN at 0.11$ when the wallets are released, unless you can't act quickly enough. When you can't act quickly enough - stay away from crypto's.. This is about making money and psychology. People got scared away because it was said that it wouldn't go past 0.03$ ever. It does not really matter if you can't acces your coins - the graph already shows 0.115$ and it will remind people after the dump.
I rather have the wallets unlocked later than planned (while ETN keeps rising) instead of another hack every week which happens to many coins. And oh - this all didn't stop people buying ETN for 11 cents anyways. I know that most people on this forum expect ETN to go to 0.0001. Sorry guys it ain't gonna happen.
Smart. Great points!!
There are MANY factors to consider.
-one of the biggest Telegram Groups on the planet.
-most number of investors in an ICO, in crypto history!!!
-around 15% of Bitcoins usersbase, NOW, before full launch
-larger exchanges coming soon
-partnerships still not announced yet
80+ million war chest
-mobile mining experience that will realize VIRAL GROWTH
-Most experienced marketing team ever attached to a crypto
-Devs are marketers that specialize in online viral growth
-Dev team survived a Botnet attack -Zero loss of coins
-Many investors used previously hacked passwords -Zero loss
-Hackerone.com brings confidence in security
-many investors are new to crypto and are not looking for just 5-10x
-experienced crypto investors are not as stupid as many think, as they are not all just going to dump their coins when a project of this magnitude just released the coins
-when everyone is planning to "buy on the dump", MOST ARE STILL PLANNING TO BUY. When everyone plans to BUY on the dip, much of a dip rarely occurs. Based on what I have heard OVER and OVER this is EVERYONES PLAN. When EVERYONE plans to buy on the dip, not much of a dip will occur. This plan only works when you are one of a few with this plan. Everyone cant do it, markets just dont work this way.
-There are many out there that believe this will EASILY HIT $1-$2, and I mean 10s of thousands (See: Twitter, Youtube, Facebook, Telegram).These people will be fine with 7-8 cents. When everyone "waiting for the dip" sees this, they will quickly lose confidence that their 3-5 cent buy orders will be filled, and stop trying to save a few cents, when THOSE PEOPLE believe that $1-$2 is imminent early next year.
-a dip is likely, just not as deep as most think, with 10s of Thousands lined up to buy, the dip gets smaller and smaller with each buyer watching with their finger on the button to buy.
-Do you really think a guy like Richard Ells doesnt see this possibility coming and have a counter-strategy in place?
-yes 5 Billion coins will hit the market at once, but most wont sell at day one. Think to yourself what percentage you think will sell, and they multiply that by the percentage of their coins they will sell, and then do the math on how many buyers are there, AND THEN TAKE INTO ACCOUNT ALL THE POINTS LAID OUT ABOVE.
****
****
*********
I AM NOT POSTING THIS TO "PUMP THE COIN"
I AM LAYING OUT THESE POINTS TO GIVE PEOPLE ALL THE INFO OUT THERE, SO THEY CAN MAKE AN INFORMED DECISION AS TO IF THEY REALLY WANT TO SELL, AND TURN AROUND AND SET A BUY ORDER AT 5 CENTS, AND THEN GO TO BED.