Author

Topic: Tezos discussion - page 195. (Read 215835 times)

sr. member
Activity: 546
Merit: 253
July 01, 2017, 06:27:15 PM
Bancor tanked on the exchanges. Status will tank when it hits the exchanges. So will this one.
Hyped icos are NO BUENO

Facts would be nice.  Bancor did not "tank" from the ICO price.  ICO price for Bancor was .01 ETH.  Currently Bancor (BNT) is priced a little over .01 ETH on Bittrex.  It actually went as high as .049 ETH on the first day, when it hit exchanges.

So in your alternative reality, yes it tanked.  But in the true history of events, it only "tanked" because it shot up 5x over the original ICO price for a short period.

I love how people like to spread mis-information based on what pleases their own beliefs the most.  Typically these are people who enjoy losing money on crypto and have only had bad experience after bad experience, never learning their lessons.  LOL.

P.S. I've invested in several ICOs now, and I have not lost a penny in any of them.  Yet, in all those ICO threads, people spread the same FUD.  Kept saying it will crash at the exchange, that it's a scam, that it's never going to turn an investment profit.  I've learned to drown out the noise, and the only reason I respond is to help others ignore the incessant bullshit.  In fact, my worst ROI so far was 4x.  

P.P.S.  The day ICOs start to lose money and become real scams is when the government gets involved and begins regulating them.  That is the day I will stop investing.

It went from $4 usd to below $3 usd. People like you don't know how to measure this vapor.
The point is ico buyers were and still are in the red. Status will be much worse, all they did was take an old idea and make their name sound like stratis. Unbelievable the stupidity of todays ico buyers.
The reason Stratis and Iota were such great returns is they didn't raise shit in their icos. Buying a hyped ico in the hundreds of millions is beyond retarded.
full member
Activity: 420
Merit: 100
July 01, 2017, 06:06:58 PM
minimum contribution of 0,935 eth ? wtf...

I think it was a minimum of 1 Ethereum before, but maybe with the change in value the min investment for ETH changed.

At current pace, it will easily exceed $100,000,000 by the end of the first 24 hours.

Does anyone know when the 20% bonus expires?
The current bonus rate is 20% and will remain valid for all contributions included before or on Bitcoin block # 474022.

Sorry my english is not fluent.
I read now on their website "The Tezos fundraiser lasts until Bitcoin block # 475622"
That's mean the bonus rate is now = 10% ?
legendary
Activity: 854
Merit: 1000
July 01, 2017, 05:59:35 PM
With early bonus,each bitcoin will yeild 6000 tezos
Btc collected till now : 25,852 * 6000 = 155112000 Tezos
I eth will generate 637.9200 Tezos during Bonus period
Eth collected till now : 92,083*637.9200 = 58741587.36 Tezos
155112000 Tezos + 58741587.36 Tezos = 213853587.36 Tezos will be generated during bonus period only
After bonus ends,there will be less investment.I think total supply would be somewhere around 1 billion.Eth has also same supply and we all know its price today
legendary
Activity: 854
Merit: 1000
July 01, 2017, 05:20:12 PM
minimum contribution of 0,935 eth ? wtf...

I think it was a minimum of 1 Ethereum before, but maybe with the change in value the min investment for ETH changed.

At current pace, it will easily exceed $100,000,000 by the end of the first 24 hours.

Does anyone know when the 20% bonus expires?
The current bonus rate is 20% and will remain valid for all contributions included before or on Bitcoin block # 474022.
newbie
Activity: 47
Merit: 0
July 01, 2017, 05:00:36 PM
People waiting for crash on token release  Roll Eyes
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 01, 2017, 04:52:52 PM
No slack, no bct thread, I think most of these "donations" are fake. We'll see in the end, but this ico stinks to high heaven.

That remains to be seen, but if you frequently gamble with BTC or ETH on sports or dice, this in my opinion is a far better opportunity.  If you have done your due diligence and you believe in what Tezos is trying to do, it's a calculated gamble just as investing in any other startup would be
sr. member
Activity: 546
Merit: 253
July 01, 2017, 04:48:03 PM
No slack, no bct thread, I think most of these "donations" are fake. We'll see in the end, but this ico stinks to high heaven.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 01, 2017, 04:39:19 PM
minimum contribution of 0,935 eth ? wtf...

I think it was a minimum of 1 Ethereum before, but maybe with the change in value the min investment for ETH changed.

At current pace, it will easily exceed $100,000,000 by the end of the first 24 hours.

Does anyone know when the 20% bonus expires?
sr. member
Activity: 546
Merit: 253
July 01, 2017, 04:36:37 PM
Prise is fixed and known but what is the total supply?
total supply won't be known till end of the ico

Yes, as far as I have read, there doesn't seem to be a cap on the amount of tokens of the ICO.   There are mixed reviews on this.  Most people wish there was a cap, but it remains to be seen how this works out.

One thing is for sure though, if you go to the main page...every hour it seems like there is another 1000 BTC that has been contributed...not even counting all the ETH that is being contributed.  They are going to have a ton of operating income.   Hopefully things get allocated correctly.

Operating capital for what?! they will end up with 100x more than necessary. Eth did their thing with a $15m ico ffs.
legendary
Activity: 1364
Merit: 1000
July 01, 2017, 04:27:29 PM
minimum contribution of 0,935 eth ? wtf...
full member
Activity: 266
Merit: 100
July 01, 2017, 04:24:46 PM
So much has been raised already and it's not yet day 2. I guess this will lead to serious dumping when it hits exchanges
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 01, 2017, 04:16:54 PM
Prise is fixed and known but what is the total supply?
total supply won't be known till end of the ico

Yes, as far as I have read, there doesn't seem to be a cap on the amount of tokens of the ICO.   There are mixed reviews on this.  Most people wish there was a cap, but it remains to be seen how this works out.

One thing is for sure though, if you go to the main page...every hour it seems like there is another 1000 BTC that has been contributed...not even counting all the ETH that is being contributed.  They are going to have a ton of operating income.   Hopefully things get allocated correctly.
newbie
Activity: 47
Merit: 0
July 01, 2017, 03:55:35 PM
Prise is fixed and known but what is the total supply?
total supply won't be known till end of the ico
full member
Activity: 448
Merit: 100
July 01, 2017, 03:45:05 PM
Prise is fixed and known but what is the total supply?
legendary
Activity: 1274
Merit: 1006
July 01, 2017, 03:33:07 PM
I have a few questions:

Can I send BTC from my electrum wallet?
Do I need to imput 0.1 BTC or do I have to increase amount I want to send by fee? So instead: amout to send 0.1 should I make 0.100793 (plus fee)?
When and where will I receive my tezos tokens?

Thanks!!

I sent 1 BTC from Electrum Wallet, the fee was added automatically, so in total it was 1.0013 BTC. I got my 6000 XTZ within 30 minutes on check.tezos.com. You're welcome  Wink

same here. i sent 1 BTC from my bitcoin core wallet - and after ~30 mins i got my 6000 xtz

Yup, thanks guys, got my confirmation as well Smiley
sr. member
Activity: 546
Merit: 253
July 01, 2017, 03:32:29 PM
Bancor tanked on the exchanges. Status will tank when it hits the exchanges. So will this one.
Hyped icos are NO BUENO
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 01, 2017, 03:13:53 PM
As of exactly right now with 22,158 BTC being invested into the Tezos project out of the 16,421,575 BTC that are currently in circulation..

There have been exactly .134% of all bitcoins created contributed towards this project.   It will be interesting to see the developments as this number gets higher and higher, since we are only about 14 hours into this thing. 

As more and more people put up money...I would think the natural thing would be for it to gain more momentum as people see more and more being contributed to the project.
sr. member
Activity: 546
Merit: 253
July 01, 2017, 03:10:39 PM
A lot of pessimism around this new coin but I thought it was definitely worth a punt so I've invested 1 BTC.  With the 1k bonus tezzies it works out I have 6,000 of them and they cost me £0.32 each.  So, let's look at some fun calcs:

IF THEY REACH £2.00::
Then I'll have a total of 6,000 x £2.00 = £12,000 (not bad)

IF THEY REACH £25.00::
Then I'll have a total of 6,000 x £25.00 = £150,000 (awesome - and not really that unbelievable when you look at other cryptos and the prices they've achieved in infancy)

IF THEY REACH £166.67::
Then I'll have a total of 6,000 x £166.67 = £1m (again not that unbelievable when you look at the ETH which is higher than this)

IF THEY REACH £217.99::
Then I'll have a total of 6,000 x £217.99 = £1.3m (that's based on the current ETH rate - could happen!)

IF THEY REACH £1,925.95::
Then I'll have a total of 6,000 x £217.99 = £11,555,700 (that's based on the current BTC rate - you never know with crypto!)

So is it worth a punt?  Of course it is!

Totally agree with you, from every aspect it's worth buying at least 6000 Tezos.

I think this is pretty in line with what everyone is hoping. That it at least gets close to the value of ETH. I remember the crowdsale of ETH, and you got 2000 ETH per BTC then. I had a decent amount posted into the send address and then I got sidetracked and gunshy.   It's hard to look at it in hindsight though because I still bought ETH at like $5-$6 on coinbase, but sold at like $25, which was huge profit (nowhere near where it would be now).

I think you have to be in this for the long haul

do u calculate the total supply you genius

exactly, uncapped ico?? you think in this world the money supply is unlimited? lmao.

The above computations are good, except... missing a few scenarios:
- IF THEY REACH £1.00:: ?
- IF THEY REACH £0.20:: ??
- IF THEY REACH £0.02:: Huh
...

Time will tell.

 I don't know the exact conversion ratio because I am in the United States, and I don't have a calculator in front of me, but even if it hit's £1.00, that is more than double your money if you bought at the initial offering.  Although 99.9 percent of the people investing are doing so to hopefully make money...the part that is uncertain that what percent of people would sell their tezos if it hit $1.00, $2, $10, $100, etc. 

I think it could reach a couple bucks but not until after a huge shakeout way below ico price. Assuming it takes in half a billion or more. If it stays under $200m I'll be buying if not no way.
hero member
Activity: 2268
Merit: 709
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 01, 2017, 03:06:24 PM
A lot of pessimism around this new coin but I thought it was definitely worth a punt so I've invested 1 BTC.  With the 1k bonus tezzies it works out I have 6,000 of them and they cost me £0.32 each.  So, let's look at some fun calcs:

IF THEY REACH £2.00::
Then I'll have a total of 6,000 x £2.00 = £12,000 (not bad)

IF THEY REACH £25.00::
Then I'll have a total of 6,000 x £25.00 = £150,000 (awesome - and not really that unbelievable when you look at other cryptos and the prices they've achieved in infancy)

IF THEY REACH £166.67::
Then I'll have a total of 6,000 x £166.67 = £1m (again not that unbelievable when you look at the ETH which is higher than this)

IF THEY REACH £217.99::
Then I'll have a total of 6,000 x £217.99 = £1.3m (that's based on the current ETH rate - could happen!)

IF THEY REACH £1,925.95::
Then I'll have a total of 6,000 x £217.99 = £11,555,700 (that's based on the current BTC rate - you never know with crypto!)

So is it worth a punt?  Of course it is!

Totally agree with you, from every aspect it's worth buying at least 6000 Tezos.

I think this is pretty in line with what everyone is hoping. That it at least gets close to the value of ETH. I remember the crowdsale of ETH, and you got 2000 ETH per BTC then. I had a decent amount posted into the send address and then I got sidetracked and gunshy.   It's hard to look at it in hindsight though because I still bought ETH at like $5-$6 on coinbase, but sold at like $25, which was huge profit (nowhere near where it would be now).

I think you have to be in this for the long haul

do u calculate the total supply you genius

exactly, uncapped ico?? you think in this world the money supply is unlimited? lmao.

The above computations are good, except... missing a few scenarios:
- IF THEY REACH £1.00:: ?
- IF THEY REACH £0.20:: ??
- IF THEY REACH £0.02:: Huh
...

Time will tell.

 I don't know the exact conversion ratio because I am in the United States, and I don't have a calculator in front of me, but even if it hit's £1.00, that is more than double your money if you bought at the initial offering.  Although 99.9 percent of the people investing are doing so to hopefully make money...the part that is uncertain that what percent of people would sell their tezos if it hit $1.00, $2, $10, $100, etc. 
Jump to: