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Topic: Gnosis - the decentralized prediction market platform and oracle standard - page 17. (Read 103598 times)

newbie
Activity: 17
Merit: 0
I had a successful buy (as it looked like) but my ETH is back in my Kraken account. Withdraw now states failed where it was saying success earlier. This sucks pretty hard. Damn.

Looks like they received too much and they are sending back the ETHS, mine are back...

My transaction failed too. Seems we're lucky after all.
full member
Activity: 230
Merit: 250
Who knows dominates in good and evil!
I had a successful buy (as it looked like) but my ETH is back in my Kraken account. Withdraw now states failed where it was saying success earlier. This sucks pretty hard. Damn.

Looks like they received too much and they are sending back the ETHS, mine are back...

Naaaaaaaa....but that's incredible............ Undecided
legendary
Activity: 1364
Merit: 1000
I had a successful buy (as it looked like) but my ETH is back in my Kraken account. Withdraw now states failed where it was saying success earlier. This sucks pretty hard. Damn.

Looks like they received too much and they are sending back the ETHS, mine are back...
sr. member
Activity: 309
Merit: 250
I had a successful buy (as it looked like) but my ETH is back in my Kraken account. Withdraw now states failed where it was saying success earlier. This sucks pretty hard. Damn.
full member
Activity: 230
Merit: 250
Who knows dominates in good and evil!
hmm, strange ICO. And price is very big. Let wait Polo and see.

I hope Gno will not pump like zcash.
hero member
Activity: 560
Merit: 500
hmm, strange ICO. And price is very big. Let wait Polo and see.
full member
Activity: 230
Merit: 250
Who knows dominates in good and evil!
Damn. I sent ether after 3 minutes from the beginning. They did not arrive in time. This is no good...
full member
Activity: 648
Merit: 114
hero member
Activity: 868
Merit: 1000
Here is my prediction, so sad that Augur is not working already: Gnosis Sale will end on day one. Investors will have around 10-20% of the gnosis tokens, gnosis will have the other 80-90% of the token. Because Gnosis made such a shitty blogpost about the ICO that can only be described as a marketing paper, people did not exactly realize what they got into and when they realize that it will be too late. The ICO already ended. Now with a sell price of around 25$ people realize what a bubble they created, which will lead to a massive orice decrease and panic sells. Think about it, if this ends at 25$ and there are 10 million coins and investors have only about 20% of these coins, then these 10million coins are worth about 250million dollars. Augur has a market cap of 140million dollars. And there the majority of the coins is not in the hands of the developers. If the developers in the case of gnosis decide to sell some coins... Oh boy... This thing will fall apart!
This may be an extreme example, but do the math for 10$ or for 5$ and the result will be quite similar... I think this sudden change of hearts is nothing more than a marketing strategy in order to make as much money as possible and exploit the current golddigger mood in the cryptosphere.

Accurate as fuck.

Gnosis has 96% of the tokens lol
hero member
Activity: 515
Merit: 502
Here is my prediction, so sad that Augur is not working already: Gnosis Sale will end on day one. Investors will have around 10-20% of the gnosis tokens, gnosis will have the other 80-90% of the token. Because Gnosis made such a shitty blogpost about the ICO that can only be described as a marketing paper, people did not exactly realize what they got into and when they realize that it will be too late. The ICO already ended. Now with a sell price of around 25$ people realize what a bubble they created, which will lead to a massive orice decrease and panic sells. Think about it, if this ends at 25$ and there are 10 million coins and investors have only about 20% of these coins, then these 10million coins are worth about 250million dollars. Augur has a market cap of 140million dollars. And there the majority of the coins is not in the hands of the developers. If the developers in the case of gnosis decide to sell some coins... Oh boy... This thing will fall apart!
This may be an extreme example, but do the math for 10$ or for 5$ and the result will be quite similar... I think this sudden change of hearts is nothing more than a marketing strategy in order to make as much money as possible and exploit the current golddigger mood in the cryptosphere.

Congratulations for the prediction!
sr. member
Activity: 770
Merit: 251
What so ICO ended in 1h ? Hahah price will be so high it can only go down for months IMO ^^ I will buy it after a hard dump maybe
when it will go out on Kraken ? Cheesy
hero member
Activity: 784
Merit: 500
newbie
Activity: 4
Merit: 0
Actually, the marketcap is only 270M$.
it's 312.6M look here: https://gnosis.pm/
I'm missing something.There are 10M, my bad.
jr. member
Activity: 69
Merit: 3
You might want to see the process of this ICO which is pretty much unique, value of coin decreases over time, not the opposite, so cap right now will only go decreasing, a bit complex model, but looking it thoroughly you will see it is not what you think it is, even Vitalik Buterin agreed this would be a great way to do an ICO, goal is to avoid friction, and not rush since the first GNO will be very expensive, and price decreases over time, and at the end all investors will receive the amount calculated from the last block of the ICO period, meaning even if you invest now you will get more coins than what you think, go look before stating wrong informations.
But it might indeed go pretty fast anyway
Happy investments to all
hero member
Activity: 784
Merit: 500
newbie
Activity: 4
Merit: 0
Actually, the marketcap is only 270M$.
hero member
Activity: 784
Merit: 500
best case scenario for all investors is a break even.
>300 million marketcap lol
I think a lot of noobs didnt understand the ico price model and burned money today
full member
Activity: 158
Merit: 100
I have a significant position in Augur/REP, but I couldn't buy GNS at a $300M market cap.

I'll begin accumulating at ETH 0.05 or lower...
newbie
Activity: 20
Merit: 0
They might burn tokens
legendary
Activity: 1316
Merit: 1000
Absurd ICO. Developers have you by the b*lls

Totally agree. This was not a good outcome for investors.
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