Topic: TEZOS raised 231 Million - page 4. (Read 6713 times)
I never expected it. New record and more will still beat it
I'm really looking forward to the "We are the new wealthy elite thread" for Tezos... 
Might be 5-10 years but would be great to see!
Might be 5-10 years but would be great to see!
is this the biggest funds being raised so far by any icos ever created?
Does this mean ETH will see another dip when the Tezos people start cashing out their ETH for real money?
EOS and Tezos will definitely impact ETH price.
@cryptohunter. Can you enumerate what those uses are? I have heard arguments lately that companies that want to use a blockchain, especially permissioned ones, are in a better situation if they used centralized databases.
Me being one of the few here who remembers and participated in the dot com bubble will shed some light on what is happening at the moment.
I am in silicon valley and started a company during the dotcom bubble. This is well beyond that. When people were raising money, the investors had shareholder rights. They were on the board of directors of the company, could attend meetings and did due diligence on the company. Not all investments in the companies worked out but when they did shut down, the investors were involved.
On the going public side, companies went public that had huge losses. But they had a company behind them. It wasn't one guy selling you nothing but virtual coins where you had no ownership in the business at all.
In the long run, things with value are worth something. Things that don't have value aren't worth anything. Amazon, Google, etc. came out of that era and produced something of value that made money.
In this case, even if the company that does the ICO makes money, the buyers of the coins don't get it. So, the question is.. does the virtual coin itself have value in the long run? Why will people want to own them? For the hope they will go up in the future? To buy something?
Right now, nobody is buying any of these coins to use them. They are all buying them in the hope to sell them to someone at a higher price in the future. That works out fine if you can find someone in the future who wants to buy them at the higher price. If you can't, it doesn't work.
The only credible use for any of these coins seems to be illegal transactions. Drugs, gambling and ransomware, primarily. There is a market for that but you don't need 50 different virtual coin types for it. Just one will do.
Disagree with some of this.
Blockchain has so many use cases.
Also for illegal usage then having a lot of different coins can be a big advantage ...who wants eggs in one basket. Shutting down/monitoring 10000000s of currencies can be trickier than 1. Of course I dont condone such activities just saying.
Me being one of the few here who remembers and participated in the dot com bubble will shed some light on what is happening at the moment.
I am in silicon valley and started a company during the dotcom bubble. This is well beyond that. When people were raising money, the investors had shareholder rights. They were on the board of directors of the company, could attend meetings and did due diligence on the company. Not all investments in the companies worked out but when they did shut down, the investors were involved.
On the going public side, companies went public that had huge losses. But they had a company behind them. It wasn't one guy selling you nothing but virtual coins where you had no ownership in the business at all.
In the long run, things with value are worth something. Things that don't have value aren't worth anything. Amazon, Google, etc. came out of that era and produced something of value that made money.
In this case, even if the company that does the ICO makes money, the buyers of the coins don't get it. So, the question is.. does the virtual coin itself have value in the long run? Why will people want to own them? For the hope they will go up in the future? To buy something?
Right now, nobody is buying any of these coins to use them. They are all buying them in the hope to sell them to someone at a higher price in the future. That works out fine if you can find someone in the future who wants to buy them at the higher price. If you can't, it doesn't work.
The only credible use for any of these coins seems to be illegal transactions. Drugs, gambling and ransomware, primarily. There is a market for that but you don't need 50 different virtual coin types for it. Just one will do.
Not that bad for an uncapped ICO. I thought it raised to much.
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THe game is neverr about getting to much moeny but how they will convet those money in real project.
Some real shitcoin have now 250m$+ valuations and they show not much at this price wehre are now.
We will se in few years if tezos will be good project or just not.
Interesting everyones different views on how this will affect ETH price.
Exactly.Everyone expects the price of eth.I think it will have a positive impact
It will surely dump under ico price.
Bigger is the ico, smaller is the rise. I can't see anyway it can keep the $231 M market cap. And I'm sad it did not go into others ico ...
Just see how it ended for the dao, bancor and all ico records.
Bigger is the ico, smaller is the rise. I can't see anyway it can keep the $231 M market cap. And I'm sad it did not go into others ico ...
Just see how it ended for the dao, bancor and all ico records.
Not that bad for an uncapped ICO. I thought it raised to much.
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THe game is neverr about getting to much moeny but how they will convet those money in real project.
Some real shitcoin have now 250m$+ valuations and they show not much at this price wehre are now.
We will se in few years if tezos will be good project or just not.
Interesting everyones different views on how this will affect ETH price.
I'd like to see other ICOs wait a few months before distributing tokens as well. Provides time to use the funds raised to further market and build additional demand.
Theres no question there will be a big dump as soon as it hits exchanges which will drag the price down, thats a given, it will recover and anyone holding long term will reap the benefits. Tezos has alot of money for marketing, and to achieve their roadmap, this ones not going to dissapear.
will see how much the company will worth, when the token trade in a 6 month time all will tell. this hype goes on and on for a few months now, I doubt it will sustain in any way.
I strongly agree with you on tezos. It was a hyped ico and no matter how much they raised, it will be a huge disappointment for its investors who are dreaming to make their capital multiply by 5 or 10.
People will take lessons from tezos, unfortunately.
will see how much the company will worth, when the token trade in a 6 month time all will tell. this hype goes on and on for a few months now, I doubt it will sustain in any way.
When will the tokens be distributed? I have seen between 3-12 months... is this really true!?
From Tezos site:
"When will Tezos first be listed on an exchange?
A few exchanges have expressed interest but there is no exact timeline for XTZ to become listed. XTZ will most likely begin listing when the Tezos network becomes active and changes in ownership can be recorded on the blockchain. The development team estimates that the time to completion is around 4 months, however, bear in mind this could take longer due to unforeseen events common in software development. The Tezos Foundation will not be able to allocate tokens until the network launches. If you are anxious about exchange listing dates, we suggest you do not contribute to the fundraiser and wait until such a listing happens."
When will the stock market open?
will see how much the company will worth, when the token trade in a 6 month time all will tell. this hype goes on and on for a few months now, I doubt it will sustain in any way.
When will the tokens be distributed? I have seen between 3-12 months... is this really true!?
will see how much the company will worth, when the token trade in a 6 month time all will tell. this hype goes on and on for a few months now, I doubt it will sustain in any way.
we are the pioneers, and the potential to make alot of money is there, of course there is high risk aswell, but the people with patience and the ability to hold longterm are the ones that are going to have the rewards.
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