Topic: Tezos discussion - page 214. (Read 215821 times)

With the uncapped ico and i think this project will break the prevous one. Too many whales will try to participate on the tezos. But that makes the price of ether will increase to the moon as faras i know.

It seems that devs are silent 

There are news about ICO? 

Hi there,

I would like to spread Tezos in Chinese community. I have experience in spreading Counterparty (XCP) in Chinese community since 2014.

And I translated lots of Counterpart documents including wallet installation guideline, BTT post, etc. Let me know if I am eligible to do the same thing for Tezos. I can do it part time, but I promise I can complete every tasks on time.

Below is the Counterparty Whitepaper I translated in Chinese FYI. It is not a google translation. I translated it by my English skills.
https://bitcointalksearch.org/topic/m.4906508

Yes, and most projects based on Switzerland or Singapore lately.
Also they clearly say that they don'T accept money from US citizens mostly.

Any upcoming plans of SEC to intervene?

The VCs want the SEC to step in. they're the ones driving this irrationality with their pre-sale gaming of the ICO process. once the market gets regulated the VCs have greater control.

how does the SEC regulate ICOs based outside the US where US investors are not being accepted?

^ That's true.  There's also the effect of a rising Bitcoin.  People tend to become hesitant to let go of their holdings when it's still trending up.  And there's also the risk of being trapped holding an ICO coin without a way to get out in case the SEC starts making heads roll.  With all the insanity going on in crypto ICO's, I think the SEC will step in sooner rather than later. 

Their block numbers equate to over 2 weeks and there's no cap so it's not selling out shortly.  I do think it will raise an insane amount of money though so there is a real risk of significantly more dilution than what we're used to seeing.

Haha, well congratulations on having $2 million in play money.  If you can afford to lose the $200K without it stinging too badly then I guess it might make sense.  Thing is, cryptocurrencies tend to be very unpredictable, even the projects that have great teams and seem very promising can go nowhere in the end.

That said, regarding your questions, for an ICO of this size it would be pretty unlikely for it to not end up on an exchange somewhere at some point. Whether that exchange is what you would consider a reputable one is another point entirely, but there will likely be an exchange somewhere for you to switch it to bitcoin which would then be exchangeable more easily to dollars. 

However, this will not occur rapidly, because Tezos is an entirely new blockchain, so most exchanges have no experiences with setting up a secure exchange for it.  Many other ICOs you'll see the tokens get listed very rapidly, but that's because they're ERC20 tokens that run on Ethereum so for any exchange that already has Ethereum support it's extremely easy for them to add these new tokens as a trading pair. But for a genuinely new project like Tezos it'll take some time for exchanges to get it added, so liquidity will likely be very poor for a long period of time.

The other thing to keep in mind with larger investments is that when the token does get added to an exchange somewhere, it may be an exchange with relatively low withdrawal limits.  Some exchanges have ways of doing KYC/AML to increase your withdrawal limits but some are pretty bad about it, and there's really no guarantee that an exchange that will allow high volume withdrawals (in something like bitcoin which you can sell for cash) will support tezos anytime soon.  So even if tezos gets listed somewhere and your holdings multiply in value, you may find it difficult to actually exit your position.

Oh and the last thing is? Don't believe most of the stuff you read on forums, do all your own research. People post all sorts of nonsense, whether they're purposely lying for some reason or whether they just believe weird stuff. It's the wild west and you need to do all your research yourself.

Is there any thread with radix? maybe official?

This is why it is so easy to make money in this space. The average "investor" that you have to go up against is someone like you 

Peak Tezos, I like it.Definitely looks less interesting to me. Lots of more appealing ethereum ICOs with something unique rather than just the governance.
People don't want to vote on corporate issues-witness theDAO where people did not master more than 10% vote on even the urgent security upgrade

now is june,, and when is the exact date the crowdsale for this project ?
anybody can tell me about it ?

Tim Draper?
http://www.reuters.com/article/us-tezos-blockchain-draper-idUSKBN181250

What about that billionaire, who plans to participate in ICO?
Any info and assurance regarding him?

Check their development plan on the website they've listed how they intend to spend money dependent on how much they receive. More funds means they spend more on various parts of the project which can lead to a better product and more awareness of it.

Now whether you believe they can spend so much money efficiently or not is a different matter and this is where I am a bit skeptical.

More concretely? How limitless supply can turn into advantage for this coin?

It means it can't be flipped soon after the ICO but if the money is well spent and the project is successful uncapped could turn out to be a long term advantage.

I~m newbie and.. what happened to Radix?