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Topic: ELF (Ælf) on Binance. Why I bought it. What I expect. (Read 934 times)

newbie
Activity: 79
Merit: 0
Today the price hinted by almost 50% despite the fact that other coins do not show this growth. I did not find any news with what it might be related to. Can anyone know why this growth?
newbie
Activity: 49
Merit: 0
ELF price is dipping so hard.
full member
Activity: 602
Merit: 107
ELF did quite a few spikes in January and has currently a market cap of $445 Million. It will probably pass $3 within a month.

jr. member
Activity: 154
Merit: 1
If there are still people looking for invitations in order to join the aelf airdrop, you can pm me and I will send you the link Smiley
full member
Activity: 672
Merit: 100
Yes, I bought this coin, but I could not earn anything, because I just did not have the patience, although it's probably just the matter in me and not in the coin itself, so I'm not saying anything here, I just bought and waited for pumping, but unfortunately nothing waited
jr. member
Activity: 378
Merit: 1
aelf candy bounty campaign is going up. everyday dropped rewards...  Grin

https://candy.aelf.io/account/register?invitationCode=02057V8V8Hc8
full member
Activity: 196
Merit: 100
Yes, now Elf very much grows up, about $ 2. According to all forecasts in the spring it will be still growth. I bought this coin a month ago. And I expect this good earnings soon. I think this is a good investment, especially if you managed to buy during the recent fall of the market.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
Hah, I just wanted to say that. 1 Billion supply and all I got was 1 lousy ELF for joining their Telegram channel. I guess I will have to hold it for a while if I want to become a millionaire Wink
newbie
Activity: 118
Merit: 0
ELF was airdropped for me using a bot on telegram, it is good coin i think anyway was given just 1 ELF so sad it was little elf airdropped.
full member
Activity: 225
Merit: 103
ELF (AELF) is a very good coin. It will present a lot of X in May, when the updates will be released. I did not know that they have a bounty company. This coin is traded on stock exchanges. And I bought it there. It is interesting that now they are spreading a part of the coins when they have already achieved some success.
newbie
Activity: 5
Merit: 0
$ELF have started a bounty program, where you can earn tokens through easy tasks. Use my invitation link for a sign-up bonus. After using my link, feel free to post your own link below so we all benefit. 

https://candy.aelf.io/account/register?invitationCode=0L0U0GeMdBaJ


 Grin
full member
Activity: 175
Merit: 100
ELF is a really a good coin, i am following it from the start and recently also received  their free Airdrop. price is also increasing and is currently sitting at $2. Good for long term holding.
newbie
Activity: 1
Merit: 0
Total Supply: 1 billion ELF
Circulating Supply: 260 million ELF
Private Sale Price:1 ETH = 4,545 ELF (ETH price @450 USD by the end of private sale)
newbie
Activity: 4
Merit: 0
The thing is that it's not clear for now, how many coin in supply and how many coin max supply and what's the distribution process of that coin?
newbie
Activity: 1
Merit: 0
ELF piqued my interest because it was a cryptocurrency that showed up on binance with little to no information almost instantly. I figured this would get some people excited/interested so I started to watch. It was a volatile ride for the first hour or two. In the mean time I started doing my research about the company behind the currency.

I read the aelf bio on binance (source: https://support.binance.com/hc/en-us/articles/115003576372) and found out about their main idea and it made a lot of sense specifically this part of the bio ("ELF tokens are used to pay for resource fees used in the network, such as deployment of smart contracts, operating and upgrading of systems (transaction fees, cross-chain data transfer fees). It also enables the community to vote on major decisions, such as electing mining nodes, introducing new features to the system and other major decisions.").

In another article (source: https://www.crowdfundinsider.com/2017/12/126194-40-million-private-placement-ico-aelf-raises-55k-ether-private-token-sale/) "Ælf says with Blockchain, it’s currently not possible to provide all of these solutions due to a number of issues, including: Block Inflation, Dilemma of Protocol, transaction rate, scalability and more. Ælf has proposed one platform to serve them all."

It seems almost intuitive that a system like this would be a major strength for cryptocurrencies as a whole, both in establishing structure and legitimacy.

Then I read about the fundraising round that had already received $5.2 million dollar in funding and was shocked to find that the investors "did not receive a discounted rate nor any sort of bonus which is a bit unique for the tokenized security space." Maybe I'm reading too much between the lines, but if these investors came in without a discount/bonus they MUST see Major potential in ELF.

The fact that the ICO was oversubscribed by 5 times was EXTREMELY encouraging.

I decided to join the speculation. Nothing too crazy, but approximately 8000 coins at an average entry of 0.00005300 BTC.

If this company accomplishes a fraction of what they are setting out to do then I expect big things from them.

I can see speculation taking them up to $1.80-$2.00 in the short term and hopefully much higher if they can establish what it is that theyre trying to.

But beware, Cryptocurrencies are volatiles and can fluctuate dramatically

If you are interested in this coin, I recommend you read their white paper. (https://grid.hoopox.com/%C3%A6lf_whitepaper_v1.2.pdf). It is interesting. Especially their take on the current state of cryptocurrencies and what their limitations and weaknesses are.

Good luck to all who decide to join for the ride. I would love to hear other opinions, both pros and cons.
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