Topic: Every ICO can F*ck off, especially SONM. (Read 3572 times)
ICO you need to plan 1 month ahead my friend. It's a tough deal. Enigma should be lucrative. But I hear ya.
Sonm is below $0.07 and this drives me crazy since I've invested this in early phase of the ico. If I didn't invest there, I could have bought two times more sonm coins than I have.
The team should work to get this coin on a better secondary market.
So what price did you pay at the ICO? $0.14? Because if that is the case according to the graph at coinmarketcap.com you had the chance to sell for a profit, since you did not then you are stuck holding your coins for a long time, if SONM can get their act together I could see it going up in price once again but the only thing you can do at the moment is to hold. The team should work to get this coin on a better secondary market.
These ICO models really do not work any longer. It's just impossible to get into them in time. Many like me failed at getting on Bancor even though the ETH was sent in good time, it eventually came back as transaction failed.
I had the SONM ICO countdown loaded 8 minutes ago and when it hit '0 seconds left' the entire site went down, and now refuses to load. The Telegram channel is 50% goons trying to swindle people into sending ETH to a false address, and the other 50% is people complaining that the site isn't loading or the real address isn't working.
Fuck every ICO.
I had the SONM ICO countdown loaded 8 minutes ago and when it hit '0 seconds left' the entire site went down, and now refuses to load. The Telegram channel is 50% goons trying to swindle people into sending ETH to a false address, and the other 50% is people complaining that the site isn't loading or the real address isn't working.
Fuck every ICO.
Thus you've also learned that participating such hyped icos may be not profitable. You could buy sonm at $ 0.3 after the ico. The hype that saves your money.
Sonm is below $0.07 and this drives me crazy since I've invested this in early phase of the ico. If I didn't invest there, I could have bought two times more sonm coins than I have.
The team should work to get this coin on a better secondary market.
The team should work to get this coin on a better secondary market.
Me too.....Got screwed up big time.... they raised $42 Million. But they cannot afford to release it on atleast one of Top 6 exchanges?
Now its trading on some sh!t exchanges that barely has anyvolume or anyone really cares.what a bunch of inefficient tools.
MCO was a great ICO
Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
Correct I do not know why people keep falling for this, if an ICO gets 200 million before it ends then you need to be prepared to lose 90% of its value because there is not going to be many investors left to buy the tokens this is why even with the bonuses sometimes the best thing you can do is to wait, if the ICO has raised a decent amount but not much then you can invest but if it raise too much then avoid that ICO and wait for the open market. Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
Sonm is below $0.07 and this drives me crazy since I've invested this in early phase of the ico. If I didn't invest there, I could have bought two times more sonm coins than I have.
The team should work to get this coin on a better secondary market.
The team should work to get this coin on a better secondary market.
congratuations.
you now have change to buy at 30%-60% ICO pirce. I hope you have bought them.
you now have change to buy at 30%-60% ICO pirce. I hope you have bought them.
Interesting pattern (price/ volumes)
I won't buy (i am not liquid) , but I believe there is a chance for it to raise soon
congratuations.
you now have change to buy at 30%-60% ICO pirce. I hope you have bought them.
you now have change to buy at 30%-60% ICO pirce. I hope you have bought them.
May be all need to see on perspective not on pump/dump. Team work hardly. And listing on exchanges not main goal for team. And it must be so for all. Then people will cease to get money any who promise quick XX.
These ICO models really do not work any longer. It's just impossible to get into them in time. Many like me failed at getting on Bancor even though the ETH was sent in good time, it eventually came back as transaction failed.
I had the SONM ICO countdown loaded 8 minutes ago and when it hit '0 seconds left' the entire site went down, and now refuses to load. The Telegram channel is 50% goons trying to swindle people into sending ETH to a false address, and the other 50% is people complaining that the site isn't loading or the real address isn't working.
Fuck every ICO.
I had the SONM ICO countdown loaded 8 minutes ago and when it hit '0 seconds left' the entire site went down, and now refuses to load. The Telegram channel is 50% goons trying to swindle people into sending ETH to a false address, and the other 50% is people complaining that the site isn't loading or the real address isn't working.
Fuck every ICO.
Now you can be happy. Sonm is widely priced under Ico. You did not make a loss and you did not lose any money .
Which is also also good which you could not buy with the ico . I hope you have neatly bought at 1400 Satoshi
not all ico is bad
same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price
I think it will be very long SONM can list on Bittrex because this project has lost a lot of potential investors about the delay of the project, which makes long-term investors SONM give up same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price
MCO was a great ICO
Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
The cio which already raised a lot of money will be difficult to grow because the room already filled by the investors, if the supply already over and it can be filled by anyone anytime. That makes there is no interest to buy those coins with high result of ico. Such as bancor and tezos can be considered as a good example. Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
MCO was a great ICO
Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
not all ico is bad
same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price
same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price
SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
Right I agree with you, SONM is a good project and everyone trusts it. After the ICO ended I thought Dev would work with a big exchanger like Bittrex. I am still disappointed with SONM because the price is so cheap from ICO prices.
SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
Right I agree with you, SONM is a good project and everyone trusts it. After the ICO ended I thought Dev would work with a big exchanger like Bittrex. I am still disappointed with SONM because the price is so cheap from ICO prices. 
ICO is the best way to grab some candy from bitcoin holders, These days so many ethereum blockchain based ICO are going on, all server for raising money, they want to be behind the curtain and grab your money and then run away, search and think wisely before you invest in any ICO.
SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
Dude ICOs are amazing. Yes, many are scams but you need to realize lots of them are legitimate companies that are launching tokens to start their business and have no intention of scamming or stealing from you. Actually the opposite.
ICOs should be either regulated and bounded to follow some rules to protect investors or should be forbidden.
There is no way that you can invest into something which offers no investor protection.
Greedy investors are unable to comprehend what risk they've agreed to by trusting their money to ICO managers.
There is rarely any innovation these days and certainly no decentralization.
There are going to be some attempts like what the SEC is doing at the moment but that is not going to stop ICOs, there is simply too much money to be made for the developers and they are not going to stop creating new projects as long as people are willing to invest in those projects without any kind of protection, if people required all of those protections we are talking they will not invest in ICOs on the first place.There is no way that you can invest into something which offers no investor protection.
Greedy investors are unable to comprehend what risk they've agreed to by trusting their money to ICO managers.
There is rarely any innovation these days and certainly no decentralization.
I hope, that after SONM, EOS and BNT, some participants will have learnt their lessons: Looking at the price x nb tokens and get the MCap of the project beofre investing.
Imho, the recipe for an ICO, based on the amount of cash needed for development and the expected returns is:
- raising between $2M and $10M maximum, CAPPED amount.
- ensuring a fair token distribution, with multiple rounds (avoid the IGNIS drama), over couple weeks.
- making sure that it brings your Market cap not more than $20M to $50M. (that leaves a x2 potential with some announcements, community drive, and product releases before arriving on exchanges, and leaves room for a x10 to x100 if the company becomes a global hit)
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