I actually managed to get a tiny amount of SNT off the ICO (thanks to some random dude on reddit who makes a contract to collect a large amount from many small buyers in order to secure a purchase).
I also managed to buy some 10k on bittrex right as it got out at 168 (eth exchange). its now around 1800 so Im comfortable.
But what i the future for this? What are people going to think?
Are they going to double back on ICOs - thinking bancor was scam - but SNT is the real deal?
Or are they going to realize that a messaging system has so many competitors that it will be useless- regardless blockchain technology?
What do you think will happen to SNTs price in the short-mid-long term?
I think blockchain messenger is bad idea. Blockchain idea is to store all the data, while people want to be able to delete their messages, not store them for infinite amount of time. There is zero meaning in using blockchain in such a way.
Sebastian Flores
Yeah that is my instinct too... just not sure what "short" and "mid" term really is. Things are moving quite fast.
Christopher Barnes
Being able to store messages is very important for companies. Not sure if this is a sector they are trying to target as well but I have worked in companies (billion dollar not small businesses) where they haven't invested in MS options but need cross-region messaging with the ability to historically check chats.
Evan Lopez
It will fail. I was very hyped about it until I realized that realistically this has little value.
Aaron Jones
You know its a good investment when /biz says it will fail.
Lincoln Brooks
this.
Jack Perry
always do the opposite (((Veeky Forums))) says
Jacob Scott
>ignoring (((Bancor))) awareness not ALWAYS
Ryan Long
My hands are shaking.
Justin Nelson
It's holding relatively steady when whales are trying to tank the price, so I'm feeling good
Ryan Hill
buy my status Bahgs
Adam Foster
Fuck this its almost 3am and have to sleep. EU, Russia, China, don't fuck this up
Logan Powell
Shit keeps dropping
Lucas Mitchell
Dude you're clueless The messenger is P2P The currency is on the blockchain
Short term expect at least a pop to a 300m cap
Long term who knows... ETH is worth 28 billion with room to grow and having a messenger act like a dapps hub could be worth billions in the future or it could flop because it got 0 community support/eth crashes
Grayson Butler
bye bye snt
Jack Ward
WE'RE BACK NIGGAS HOLD ONTO YOUR DICKS ITS GOING DOWN BETTER HAVE YOUR PISTOL ON YOUR
Easton Williams
got in at like 2300 got out at like 2500 yesterday, bought some beers. Not going in again on this one.
Jeremiah Fisher
that was a nice head and shoulders expect this to go to 2500 today
Nathaniel Ross
It will be 3k-5k sats by the end of today IMO.
Samuel Sanders
WHy do you think this? No news, no nothing, I trust this less than reddcoin right now.
Kayden Walker
Does this mean somebody bought Status for 1.00000004 BTC? The seller is lucky af then.
Thomas Scott
Seeing that the price states at 1 BTC exact.
Bentley Cook
No, Bittrex sells it to themselves for 1 BTC to list it for some reason.
Oliver Ramirez
You're an idiot if you trust RDD over an ICO in the present climate with a real development team. Your faith in the project as a long term isn't needed, it's going to go up because it's a pattern that's been well-established.
Jackson Wilson
It's pretty shocking that the price has basically flatlined for the past 12 hours since it hit exchanges. Is it being artificially kept low?
Luis Bailey
Yes, most likely, same as BAT and look what that did in the first 48 hours. I doubt it gets that high here though.
Jordan Gomez
its 2x ico price and 15000 people bought into the ICO. A lot of them are selling for profit. Wait for the flippers to die out and the whales will start to initiate their pump. THAT is when you exit, because after the whales take their profits its going to be dead in the water until it has organic growth.
Jace Ortiz
That's my plan, yes. What's the timeframe for this? By tomorrow? And what'll the high be? I was planning to exit at 4x ICO price at least.
Camden Robinson
CANT WAIT
Liam Phillips
I have no clue. BAT was on exchanges for two days before it had its pump. Unless you think this thing will never go above 5 cents you might as well be patient.
Elijah Long
I'm a day trader dude, I make gains on patterns and money flow, I don't give a fuck for the project.
Carter Harris
looks like the biggest shitcoin ever literally 0 hype nothing new trash.
Justin Harris
>t. bought at 2500, sold at 1800
Noah King
Yet the volume keeps increasing and the order book is a lot more green then red.
Carter Clark
>looks like the biggest shitcoin ever
Seriously?
Caleb Kelly
You do realise messenging apps have existed for decades right? This is probably the most retarded blockchain use case yet.
Jackson Torres
this piece of shit is turning into another bancor right before our eyes....bittrex fucked me over with their bulllshit yesterday or i would've cut my losses early but now im down 20%...
Oliver Collins
HODL
Mason Miller
what the hell going on
Ayden Lee
whales will pump before exiting their position. be patient.
Jack Smith
How can you tell if there are whales in this?
Brayden Fisher
Three dubs now show me some respect and HODL you fucking niggers
Aaron Ramirez
Turning into another Bancor? It's double the ICO price already and the pump hasn't started.
Benjamin Martin
Status is for dapps... think about events like "the fappening"... a decentralized snapchat would be one helluva call that would the messaging app of choice.
HODL TILL IT'S GODL!
Xavier Hughes
Fuck you autocorrect.
...Helluva app that would be the messaging app of choice...
Landon Miller
KEEP EM CUMMIN
Gavin Evans
they are in on every ICO. once you see buy orders start piling up to drive up the price you will know when the pump is coming.
Chase Powell
Fucking HODL till its GODL and then SODL
then come on here and say TODL
David Gutierrez
CHECKED
holy fuck we're going to the moon
Ayden Hill
It's artificial imo. But this is my first ico, so I'm just kind of observing also
Gabriel Nguyen
So which ICO looks promising now?
Alexander Reed
Holy shit what is this witchcraft?
Ryan Wood
>But what i the future for this? What are people going to think?
the average Veeky Forumsnesman has an attention span of roughly 12 hours. all they will know in the future is that snt used to be cheap and is now worth more and that the 24 hour percentage is green, that's enough for them to buy and then sell at a loss a few days later when the next shiny appears.
did you read the whitepaper? did you download the app? have you looked at the roadmap and seen what partners they have? you should be able to make your own decisions without using a patagonian cheese server as a crutch.
Grayson Price
they put more money into marketing than development. and they're using the most cliche hooks for a mass market by saying it's essentially for communication/social networking.
they are literally saying it's great for mass market and then it's also great for developers. so they don't even know who they are trying to target. the people behind this scamcoin are a bunch of dudebros who understand that nerd stuff = easy money.
Liam Bell
this thing is tanking to 1500 sats isn't it. fuck everything.
Ian Jones
Dude either sell or shut the fuck up and HODL
Alexander Davis
sell then panic seller.
Liam Evans
Dumped at 2700 lol enjoy the bags
Juan Sanchez
bye bye weak hands
Liam Robinson
ANS N S
Liam Clark
literal fucking garbage. yet another coin that released and didnt moon or gain for shit. this is the new norm
Ayden Wilson
the pump already happened by the time Veeky Forums got involved.
Blake Cox
>4000 volume >STILL going down Are all ICO fags just dumping their bags?
Nathaniel Russell
There is a whale dumping their bags, anytime the bids book goes up, they immediately sell. Fuck them
Caleb Campbell
So should i sell my bags or what. Im tired of this ICO faggotry. Just gona take a loss and go all in on ans after it dips because fuck it
Ian Lewis
HODL
Jaxon Torres
Hold. Look at the order book on bittrex.
Brody Evans
its not going to go up past 2400. so sell if you want.
Charles Cook
>total nub here
What should i be looking for on the order book?
Dylan Mitchell
bittrex fucked you all over and killed the coins momentum. It was easily going to hit at least 8k before bittrex shat all over it.
Jackson Davis
I'm an ICO fag and won't be selling under 6 months
Bentley Howard
fuck your six months.
you dont have six months
you have six minutes. i want my money now
Juan Gray
you can have these iron BAAWWSS in 6 minutes
Bentley Gray
It had so much momentum after i bought in around 2200. The volume was skyrocketing too and hasnt seemed to let up either.
Christian Rivera
Yea that was really annoying. And it didn't just go down once. It went down like three times.
It will still go up to at least 4k soon but it would have been quicker if it didn't go under maintenance.
Luke Phillips
btc-snt pair on bittrex right now. Still not gonna buy?
Isaac Thomas
Shit is fake lad. The walls on trex are pure psyops
Brandon Cook
theyre all selling it. its not a good coin
Liam Murphy
liar
Juan Smith
>Red Wing shoes
Blake Lee
why in the world are you still holding this? You were suppose to sell it yesterday.
Julian Perez
stop spreading your FUD in here
Angel Murphy
I bought it at 2500 nigger
Ryder Sullivan
lol messages aren't part of blockchain! blockchain is a decentralised authentication method with P2P connections. This can be used to verify users (like wallet addresses), but the message itself doesn't have to be part of the blockchain
Nice try Cecil. Your puny singles are no use against me, I'm growing more powerful every day
Christopher Thompson
im starting to wonder if theres shady shit going with bittrex. i mean none of this is regulated, so who knows how much corruption there is on these exchanges. heres my conspiracy theory:
i think the people who run bittrex have special deals and arrangements with whales, and get a cut of the whales profits. look at snt yesterday. i think what happened is, when it hit bittrex, it started skyrocketing. so much so, that the whales didnt have enough time to get their walls and bots in place. so they asked bittrex to shut it down for "maintenance" so it would give whales time to get their bots ready so they could accumulate and suppress it. thats my theory
Nicholas Turner
He's going to be the first seth rich of the cryptoworld
Joshua Taylor
There is a bunch of twitter chatter about Status cashing out a bunch of ETH that is all based off of a reddit thread. Could be partially why Status isn't performing yet. twitter.com/rr_ethtrader/status/879422537960222720
Joshua Carter
They already said they aren't cashing out the ETH all at once.
