Should I:
A: Go all in on the ICO?
Or B: Go all in once it hits the exchanges?
Bancor
Ayden Johnson
Jace Green
It is the most hyped ICO in history with no cap. It is not even designed to make money for its investors. If you accept it will be a gamechanger then invest in ethereum which is the reserve token it will hold
Henry Baker
Have you read their roadmap?
trello.com
If they implemented that the value would go through the roof, long term I'm talking
Dylan Murphy
Wait how do you know there's no cap?
Chase Cooper
C: Never trust a Jude
Jordan Fisher
im guessing you didnt have access to a computer all of yesterday?
Gabriel Miller
I literally have searched for an hour, could you give a brainlet a link to where it's talked about, please?
Jason Sanchez
Never participated in an ICO before. What can happen if I contribute for example 1 ETH?
Isaiah Sullivan
blog.bancor.network
tl;dr fuck the hidden cap, if hidden cap is 50mil but they collect 300mil in that uncap 1st hour, its 300mil.
only 20% of that goes into reserve.
this is just a money grab, even their official statement they made after all the backlash was just kinda "yeah its probs a lot of money but we're proven entrepreneurs and devs!"
market cap will balloon immensely, no increase for investors when it hits exchanges. Worst case, it will even drop under ICO price. So no reason to participate in ICO.
Chase Diaz
you will get 100 Bancor tokens, thats it
Aaron Bennett
They have a hidden cap though, using your example if the hidden cap is 50mil, at 40mil the cap will be publically revealed and when it hits 50mil - ICO is over
Ayden Campbell
wrong. Hidden cap will be revealed after 1hr, but if they collected more than the hidden cap within that hour, the fundraiser will not end during the hour
so after an hour and collecting 200mil they might reveal "lol our hidden cap was 50mil but thanks for the money"
Ryder Cook
OY VEY thanks for sending your money to bitcoinsuisse like we suggested but we've decided to change the terms of our ico so you wont make that much money but we'll rake in a mint, thanks goy!
Nicholas Moore
>Duration: The fundraiser will run for 14 days or until the hidden cap is reached, with a 1 hour minimum time.
>will run until the hidden cap is reached
Jackson Bailey
with a 1hour minimum time, thats what it says right there senpai
that trumps the hidden cap
Luke Reed
>with a 1 hour minimum time
Jose Williams
Yeah you're right actually. My mistake
Jackson Sullivan
You will have 0.2 ETH, once you sell it on the exchange
Hudson Cook
who's to say it will hit an exchange?
David Gray
Why wouldn't it?
Dominic Hernandez
>It is the most hyped ICO in history
what makes you think so ? I though BAT was the most hyped
Blake Harris
In recent times BAT and Bancor have been most hyped. In both cases the ICO killed a lot of the hype. the danger is that with (((bancor))) they will raise crazy high cap in one hour and ruin investor's chances of making a profit for a long time to come. It's likely your BNT will be less than what you paid for it for a while until you can get your money back. could be the first time people get it cheaper on exchange than ICO. We'll see. I think the whales are frustrated by this ICO.
Joshua Murphy
fucking hell, i was getting excited for this too
300 million cap is insane, theres no chance of a moon mission at that value
>yes goy, fund our meme startup project!
>returns? dont be ridiculous! its all about the project. you're going to invest right?
>you're not anti-semitic are you?
Michael Wood
I hope they will adjust the ICO details again. Which would discredit them even further. Still hoping though.
Jaxon Perez
300million cap? Sauce?
Looks like unlimited for one hour.
Jaxon Morgan
So whats the update on the ico terms?
im really dissapointed in this but i should have seen the kikery from miles away.
this was going to be the coin that could really give me a headstart in life. i had 50k ready for btc suisse.
if it was a capped ico like bat it would have been guaranteed 7x returns.
Brayden Ortiz
>only 20% of that goes into reserve.
it's 10% now, check out the bitcointalk page
Cooper Cruz
>it's 10% now
Colton Taylor
>changing such a huge aspect of the whole allocation
btcsuisse is sitting on my 2 btc for now - im thinking of taking it back just bc this ico is so ridiculous
Cooper Ortiz
you people are so fucking new.
Julian Morris
you should find a job and invest in an index fund
you seem too dumb for this sorry senpai