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Topic: TEZOS ICO needs a maximum cap - page 2. (Read 4349 times)

full member
Activity: 146
Merit: 100
July 02, 2017, 07:48:23 PM
#39
The reality is they have to deliver, uncapped is fine but you better communicate and you better deliver. If you don't it will be a fire sale and everyone will jump ship and it will hurt everyone. In reality the coin is fine, but what does it really deliver? It delivers the ability to change based on voting, this could be a huge success but I don't see how voting and another promise of improved speed give you a competitive edge once the token sale is over
full member
Activity: 406
Merit: 102
July 02, 2017, 02:46:14 PM
#38
Over $100 million  Shocked
sr. member
Activity: 280
Merit: 250
July 01, 2017, 08:09:15 PM
#37
I wouldn't invest in any ICO here. When bubbles burst the IPO markets die. The high flying IPOs that would open double or triple their IPO pricing value, that all vanished when the dot com bubble popped in 2000. Same thing will happen here.
full member
Activity: 462
Merit: 100
July 01, 2017, 04:31:48 PM
#36
Investing in tezos big is difficult really because price, cap etc nothing is clear
sr. member
Activity: 420
Merit: 250
July 01, 2017, 03:27:56 PM
#35
I think TEZOS ICO needs a maximum cap.
They want to start the ICO with no max cap.

They need investors, but the tokens will be worthless or cheaper on the exchange.
I want to invest but these terms are bad for investors.

Maybe its better for investors..??

where announcement thread tezos coin
iam not hear about tezos coin, or when tezos coin open ico selling

This is actually very disappointing for a decentralized governance coin to be too much on the high horse to represent themselves with the people
full member
Activity: 215
Merit: 100
July 01, 2017, 03:06:45 PM
#34
They knew they can collect funds like crazy then decided not to set a maximum capitalization on the crowdsale. This is interesting, how the hell will they do with 10s millions of dollars?
sr. member
Activity: 560
Merit: 250
July 01, 2017, 12:55:58 PM
#33
If can create crowd sale in 30 days, I think Tezos not need maximum cap because it will help the project can attract a huge investors on the world's. Example is MobileGo in May.
sr. member
Activity: 1078
Merit: 354
July 01, 2017, 12:25:00 PM
#32
I see many comments above i agree with. To make my list:

1- capped icos are whale games
2- ico market is overheated, these seed funds are beyond what they are worth
3- greed is not good, People want to buy/dump and get rich. Too many icos of this type
4- uncapped ico actually makes sense, especially vombined with long term lockup of funds.
5- most icos do not even need more than 2m$ but they get 10x-100x that
6- we need consumer applications (like netflix, dropbox). Not more infrastructure (blockchain)


With all the above, i am getting worried for my money on the blockchain.
If we see a bullrun soon, i will exit until bubble deflates.

I'm not convinced by point 4. I understand the argument for it, and I may be wrong, but I still think uncapped is worse than capped in the current climate.
But I certainly agree wholeheartedly with the other points.
full member
Activity: 406
Merit: 100
July 01, 2017, 12:05:11 PM
#31
I think everyone needs a chance to be a part of this ICO, So I think it can be a good thing
newbie
Activity: 70
Merit: 0
July 01, 2017, 11:49:55 AM
#30
I see many comments above i agree with. To make my list:

1- capped icos are whale games
2- ico market is overheated, these seed funds are beyond what they are worth
3- greed is not good, People want to buy/dump and get rich. Too many icos of this type
4- uncapped ico actually makes sense, especially vombined with long term lockup of funds.
5- most icos do not even need more than 2m$ but they get 10x-100x that
6- we need consumer applications (like netflix, dropbox). Not more infrastructure (blockchain)


With all the above, i am getting worried for my money on the blockchain.
If we see a bullrun soon, i will exit until bubble deflates.
sr. member
Activity: 672
Merit: 251
July 01, 2017, 11:33:41 AM
#29
Tezos meh!

The best crypto platform is selling for 10m Xtrabytes. Good luck making money from this corporate cash grab.
hero member
Activity: 609
Merit: 500
July 01, 2017, 10:51:59 AM
#28
Yes, the main reason I aint investing is because of the cap issue to me

Has it Bounty program or not? If yes then how can I join the Bounty. Send me the link for Tezos Bounty.
There's programming bounties if you know ocaml but that comes later.
sr. member
Activity: 318
Merit: 250
July 01, 2017, 10:38:26 AM
#27
I think TEZOS ICO needs a maximum cap.
They want to start the ICO with no max cap.

They need investors, but the tokens will be worthless or cheaper on the exchange.
I want to invest but these terms are bad for investors.

Maybe its better for investors..??
when it's at bull market, uncapped ico will raise a lot of money and lead to high premium with little person to take the place, then the bear market comes.
hero member
Activity: 714
Merit: 516
#SWGT PRE-SALE IS LIVE
July 01, 2017, 08:32:43 AM
#26
I think TEZOS ICO needs a maximum cap.
They want to start the ICO with no max cap.

They need investors, but the tokens will be worthless or cheaper on the exchange.
I want to invest but these terms are bad for investors.

Maybe its better for investors..??

where announcement thread tezos coin
iam not hear about tezos coin, or when tezos coin open ico selling
sr. member
Activity: 350
Merit: 250
July 01, 2017, 07:09:04 AM
#25
Yes, the main reason I aint investing is because of the cap issue to me

Has it Bounty program or not? If yes then how can I join the Bounty. Send me the link for Tezos Bounty.
They dont even have official ANN thread here let alone bounty thread.
Sorry for disappointment.
sr. member
Activity: 1078
Merit: 354
July 01, 2017, 05:47:28 AM
#24
Yes, the main reason I aint investing is because of the cap issue to me

Same for me. The cap issue means I'm staying well away from this one.
We're now a couple of hours into the 13 day ICO, and it's at $50 million.

This is going to be massively over-sold, and will drop really fast when it hits the exchanges.
member
Activity: 98
Merit: 10
July 01, 2017, 05:23:01 AM
#23
Yes, the main reason I aint investing is because of the cap issue to me

Has it Bounty program or not? If yes then how can I join the Bounty. Send me the link for Tezos Bounty.
hero member
Activity: 609
Merit: 500
July 01, 2017, 03:21:01 AM
#22
They have already received 28 million USD in bitcoins and ethereum.. Am guessing it will hit half or even one billion.

I don't think it will go that high, but 100-200 million seems likely, perhaps even a new record at 200-300 million.
I think it's going to be a new record since it's the middle of the night for the entirety of the US.  All the really big whales who work at hedge funds and VCs will be throwing in tomorrow with who knows how much money.  Then we'll really see dilution.
full member
Activity: 252
Merit: 123
July 01, 2017, 03:17:18 AM
#21
They have already received 28 million USD in bitcoins and ethereum.. Am guessing it will hit half or even one billion.

I don't think it will go that high, but 100-200 million seems likely, perhaps even a new record at 200-300 million.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
July 01, 2017, 03:15:01 AM
#20
They have already received 28 million USD in bitcoins and ethereum.. Am guessing it will hit half or even one billion.
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