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Topic: Gnosis. Greedy developers - page 3. (Read 2912 times)

hero member
Activity: 1568
Merit: 511
April 24, 2017, 11:45:59 PM
#12
tbh its totally ridiculous, $12.5M within short frame of time is good

But just less than 10% of coins?

Seems like a shark

sr. member
Activity: 340
Merit: 250
April 24, 2017, 11:21:45 PM
#11
The developers of Gnosis are being way too greedy.
They could end up with $12.5m and also own more than 50% od the coins as well.

Gnosis is an open source blockchain project, not a private company.

They can't make it closed source, yet they act as though it is. They need us to secure the network. We don't need them.



https://www.reddit.com/r/ethtrader/comments/64ch1j/gnosis_crowdsale_price/?sort=top
Just 5% worth of shares have sold by the dev, It seems very odd for me. They're trying to make it will so expensive if the coin already tradable on the exchange site. Over 95% has held by the dev. My guess there will be manipulated on the gnosis price in the future by the dev.
So, the early adopters must pay more to buy some of gnosis token in the future, This as a scenario by the dev.

Going to be hard to manipulate the price. For the price to stay at the ICO level someone is going to have to buy the tokens at $31.

I doubt anyone will do that. This will crash, and people will feel screwed because the developers did not take care to make sure they explained this new system.
hero member
Activity: 2926
Merit: 533
Leading Crypto Sports Betting & Casino Platform
April 24, 2017, 11:09:53 PM
#10
The developers of Gnosis are being way too greedy.
They could end up with $12.5m and also own more than 50% od the coins as well.

Gnosis is an open source blockchain project, not a private company.

They can't make it closed source, yet they act as though it is. They need us to secure the network. We don't need them.



https://www.reddit.com/r/ethtrader/comments/64ch1j/gnosis_crowdsale_price/?sort=top
Just 5% worth of shares have sold by the dev, It seems very odd for me. They're trying to make it will so expensive if the coin already tradable on the exchange site. Over 95% has held by the dev. My guess there will be manipulated on the gnosis price in the future by the dev.
So, the early adopters must pay more to buy some of gnosis token in the future, This as a scenario by the dev.
sr. member
Activity: 340
Merit: 250
April 24, 2017, 11:06:58 PM
#9
lol unbelievable...people gave $12.5 million to get 5% of the tokens...
Once they're finished dumping this thing will be fractions of a cent.

Looks like real ICO will begins when developers start selling remaining 95.8% coins:
https://steemit.com/ethereum/@kingscrown/gnosis-ico-raised-12-5million-dollars-in-10-minutes-making-the-token-312-million-usd-market-capitalization-worth

IIUC the developers can't sell for 12 months. 12 months is a long time in crypto.

But why would the developers want 95%. They must have been happy to end up with 95% or they would not have had that option open.

legendary
Activity: 1764
Merit: 1018
April 24, 2017, 10:56:04 PM
#8
lol unbelievable...people gave $12.5 million to get 5% of the tokens...
Once they're finished dumping this thing will be fractions of a cent.

Looks like real ICO will begins when developers start selling remaining 95.8% coins:
https://steemit.com/ethereum/@kingscrown/gnosis-ico-raised-12-5million-dollars-in-10-minutes-making-the-token-312-million-usd-market-capitalization-worth
hero member
Activity: 608
Merit: 500
April 24, 2017, 10:38:09 PM
#7
lol unbelievable...people gave $12.5 million to get 5% of the tokens...
Once they're finished dumping this thing will be fractions of a cent.
sr. member
Activity: 588
Merit: 250
Crypto is Life!
April 24, 2017, 12:55:47 PM
#6
Yes they tried to make best of the ICO structure. They are now valued at 300m with only 4% of distributed coins
sr. member
Activity: 340
Merit: 250
April 24, 2017, 12:45:47 PM
#5
Stupid developers. Stupid investors. Worst ICO  ever   Roll Eyes
sr. member
Activity: 340
Merit: 250
April 24, 2017, 12:18:11 PM
#4
The developers of Gnosis are being way too greedy.
They could end up with $12.5m and also own more than 50% od the coins as well.

Gnosis is an open source blockchain project, not a private company.

They can't make it closed source, yet they act as though it is. They need us to secure the network. We don't need them.



https://www.reddit.com/r/ethtrader/comments/64ch1j/gnosis_crowdsale_price/?sort=top

own more than 50% of the coin ? are you serious ? Shocked
this is the best strategy ever in this crypto industry,,
because the dev will easily dumping the price

and congrats for the dev  Cry
Looks like the devs might own more than 90% of the coins. What a joke,
full member
Activity: 562
Merit: 101
April 24, 2017, 09:40:26 AM
#3
The developers of Gnosis are being way too greedy.
They could end up with $12.5m and also own more than 50% od the coins as well.

Gnosis is an open source blockchain project, not a private company.

They can't make it closed source, yet they act as though it is. They need us to secure the network. We don't need them.



https://www.reddit.com/r/ethtrader/comments/64ch1j/gnosis_crowdsale_price/?sort=top

own more than 50% of the coin ? are you serious ? Shocked
this is the best strategy ever in this crypto industry,,
because the dev will easily dumping the price

and congrats for the dev  Cry
legendary
Activity: 1188
Merit: 1001
April 24, 2017, 08:13:08 AM
#2
i would agree if someone can do a better job then them and on that i doubt
anyone in the crypto could take people to use a copy of the platform and not the original.
sr. member
Activity: 340
Merit: 250
April 24, 2017, 01:17:12 AM
#1
The developers of Gnosis are being way too greedy.
They could end up with $12.5m and also own more than 50% od the coins as well.

Gnosis is an open source blockchain project, not a private company.

They can't make it closed source, yet they act as though it is. They need us to secure the network. We don't need them.



https://www.reddit.com/r/ethtrader/comments/64ch1j/gnosis_crowdsale_price/?sort=top
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