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Topic: [SNT] Official Status Network Speculation - page 30. (Read 157528 times)

sr. member
Activity: 602
Merit: 264
September 01, 2017, 04:11:18 AM
I bought some SNT a week ago.
It goes down a bit but I still believe that this project is promising and that the pump will come!

newbie
Activity: 4
Merit: 0
September 01, 2017, 02:01:41 AM
For what it's worth, I do not believe one bit that this coin is being manipulated by the devs, nor that it's a scam and so on.

The company checks out, the GitHub is very active, as is thier blog.

I have several other metrics I use to asses a coin as well, many of these include SEO and website quality metrics such traffic, depth of content, website backlinks and so on. I have a fairly eloborate system for this and I see no red flags here other than the usual bit of manipulation found with any coin.

No I am not affiliated with this coin, yes I hold a fair amount, yes this is my first comment here on BitCoinTalk, no it's not because I just created this account so I could comment on this. I've been trolling awhile here, reading and not posting, this is the first time I've felt inclined to comment.
member
Activity: 150
Merit: 10
September 01, 2017, 01:21:22 AM
Buy SNT and Holding, Oder sell X2 =))
full member
Activity: 252
Merit: 100
I'm taking a look at the asks list in the book order and I'm convinced that whoever is doing this is the developers.

For Status Network to reach 2500 sat it will need more than 1000 bitcoins, that is, over $ 4,571,501.72

The current marketcap is $ 177,131,410.

They are dumping the more than 3 billion tokens they have in exchange. They are using bot for this.
Most sell orders are small but steady volumes. Each of these being carried out every 10 seconds on average end up turning into large volume.
The bots provide small amounts also in each sat. Anyone who is doubting can log in to Bittrex and see all the sats in the asks of the order book. Practically everyone is filled with some request.

First time I see something like that and I do not believe it's a whale.

The order books on exchanges give you much little information than you think it could. You seem to judge people based on your limited info.

I don't think you've read the white paper, or research this thread due diligently. The circulating supply is still 3,47 billions {do your own research}, this has not been changed from the end of ICO. This number represents 51% of total supply {do your own research, again}, comprising 41% for public contributors and 10% for Status Genesis Token holders.

This confirms your statement that the devs "are dumping the more than 3 billion tokens they have in exchange" is totally wrong. You should be ashamed, really.

People have right to do whatever they want with their money/token, but saying others are scam just because you don't see the price go up? You should fckk off.
member
Activity: 109
Merit: 10
I don't think it's a scam. I'm still holding. Well, sort of holding - I keep selling and rebuying at a lower point.

Thats is why it will never get anywhere in near future
full member
Activity: 961
Merit: 110
SweetBet.com
I don't think it's a scam. I'm still holding. Well, sort of holding - I keep selling and rebuying at a lower point.

Me too  Cheesy
sr. member
Activity: 1078
Merit: 354
I don't think it's a scam. I'm still holding. Well, sort of holding - I keep selling and rebuying at a lower point.
member
Activity: 150
Merit: 10
Update info from status, team dev are working, not scammer
https://blog.status.im/ethereum-dapp-creators-issue-15-jaak-69642b9e9c64
member
Activity: 109
Merit: 10
This is a long-term investment.
I`m pretty sure this Coin could make x5 at least.
sr. member
Activity: 546
Merit: 250
if what you say is correct, then at $0.04 https://www.coingecko.com/en/price_charts/status/usd
isnt it a good time to get in? what you think?
sr. member
Activity: 602
Merit: 264
989 sat.....it's time to buy!!!!  Cheesy
newbie
Activity: 15
Merit: 0
it's weird.. too many people sell in loss  Huh
member
Activity: 128
Merit: 12
I've come to the conclusion that it's not a whale who is doing this. I don't know anyone who likes to throw serious money away or who wants to bulk sell at a low price. Professional traders buy low and sell high, not the other way around. I think that the price is being maintained between 0.00001100 & 0.00001200 to provide potential investors with a good entry point before the next update and price increase. At least that's my theory. I'm going to buy some more tokens and hodl until the next update which should hopefully take place within a few weeks.

Guys, when are you going to realize that the whole team doing Status, Gnosis etc... are scammers?
THEY are selling. They are making a project to please investors, doing fake video with friends and actors, and then they sell their tokens in exchange of your money.

Status will never exist or it will be a poor application. It would cost $20k to build such a small messenger clone. It has no feature apart from sending ETH. But what is the SNT used for?

SNT, GNO, EOS are pure scams, and you better get out before they get unlisted from the exchanges. Because at one point they will be. GNO at least should be, it is a dead coin.
It's hard to admit, but unfortunately I have to agree with you. It seems that we will all lose the money that we have invested in SNT, or it will be worthless. There are happening too many weird things that would be accidental.
full member
Activity: 154
Merit: 100
Everything I sold in SNT I put in GNT.
I looked at the order book and it is not handled (at least as I write it), the technology is good and on the 7th they will attend a conference with OMG.

Everyone who does what they please with this information that I am giving.
member
Activity: 109
Merit: 10
Well im telling you guys, for now stay away from SNT, there are tons of other coins to buy and wait for increase

Sold them all.
full member
Activity: 961
Merit: 110
SweetBet.com
According to a message posted by a user on the Slack channel , developer tokens are locked until 6 months pass and even then they can’t move them all, they are allowed to move them little by little until 2 years have passed. after 2 years pass, only then they can move the entire tokens given to developers.

So I guess this rules out the devs !!
full member
Activity: 154
Merit: 100
I'm off the Status Network.

For me it is clear that it is the developers who are doing this and that this coin is a scam.
sr. member
Activity: 840
Merit: 266
Today I managed to get out close to break even . While I totally have no problem for waiting for a coin/token to takeoff something in the ask orders did not seems okay for me that is the first token ever that I saw with ask orders in every sats there is almost no space to make new ask order  Huh . I will evaluate this token and may rebuy it later when things get clear . for who was asking I am in there slack channel and dev seems active there . But do you really think that if they are really dumping they will admit it to anyone asking !!! (I do not think so )
full member
Activity: 154
Merit: 100
I'm taking a look at the asks list in the book order and I'm convinced that whoever is doing this is the developers.

For Status Network to reach 2500 sat it will need more than 1000 bitcoins, that is, over $ 4,571,501.72

The current marketcap is $ 177,131,410.

They are dumping the more than 3 billion tokens they have in exchange. They are using bot for this.
Most sell orders are small but steady volumes. Each of these being carried out every 10 seconds on average end up turning into large volume.
The bots provide small amounts also in each sat. Anyone who is doubting can log in to Bittrex and see all the sats in the asks of the order book. Practically everyone is filled with some request.

First time I see something like that and I do not believe it's a whale.
full member
Activity: 154
Merit: 100
what the hack is going on with status?


I started to think you guys lowering the value everyday, and collecting tokens from dip and sell them from high later on, is that the plan?Huh

Status please advise!!!?

I am not in their Slack, if there is anyone here who is and could ask if they are dumping the more than 3 billion tokens in the exchange, which according to the coinmarketcap have not yet gone into circulation, would be great.

Honestly, I can not see any other explanation other than being the developers who are doing this. It's not just the absurd amount of tokens that are being sold. It is also the amount of tokens that is in the sales order. Virtually every sat has a sales order making a huge volume of tokens being sold preventing SNT from going up.

What whales usually do is lift a wall and accumulate and after they are satisfied they tip the wall and let the currency rise, I have never seen one acting in this way selling so much by destroying the coin.
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