It's currently trading below ICO price, so here is your chance to buy some before the volume picks up.
Opus just became tradeable on EtherDelta
>trading below ico price
>even those who got in know it's shit
how many coins are in circulation?
130M or so
>buying something that passes the Howey Test and thus constitutes and illegal security in the eyes of the SEC
ICO buyers BTFO
It's not though - I am up 1 ETH already.
how big's the market cap on this sucka
someone redpill me on this.
why can we buy stocks (securities) on robinhood but we cant buy shitcoins on etherdelta?
>every ico ever
>not buying opus now
This is the next train to the moon goys
Not if they're utility tokens, which aren't counted as securities.
If they classify as securities, that means additional regulation for exchanges *and* the fact that the ICO/startup might be an illegal issuer.
but then is buying on a decentralized exchange compliant with the law since there isn't any organization there to be breaking it?
They're not inherently illegal. they're illegal because they're not registered securities, and the people that buy them do not qualify to buy unregistered securities
the SEC thinks that all securities should be registered with them. Any security that is not registered with them, "must" qualify for an exception via Reg D, including rule 504, 505, 506b and 606c. Problem is, buyers of unregistered securities must be accredited investors. none of you pajeets are.
LOLOL
Anycoin that isn't almost immediately (1-2days) trading 2x above ICO price is a POS.
Have fun with those bags
It's been about an hour buddy
The ICO price was about 4 cents. It's selling for 5 or 6 on ED.
Calm down lad
actually it's slowly going up. On a sunday. On a red weekend.
I can see it easily going 3x by wednesday.
.
Thanks sold 100k
Monaco dropped to nearly $1 from an ico price of ≈$2.88 USD/token
this shit is fucking tanking kek
nice just bought 100k
>trading below ICO price
Why the fuck would you want to invest into something that's already failed? If the price drops below ICO then it's a dead project, period.
it wasnt schilled non stop on biz. there is no hype for it yet.
very low key ICO. team will be burning unsold tokens and their share. announcement is coming this week.
you've been warned.
Are they really burning unsold tokens? I'm feelin comfy as hell right now
>What is Nimiq
yes, they are. as per their telegram, they will be providing a post ico update this week.
reddit.com
reddit.com
Bought at 2900 sats. Sold 60% at 4x to 5x the price. I'll wait and see the situation post ICO, I already more than earned back my initial investment.
Thanks random Veeky Forums poster who made a thread a week ago.
I would love to but I don't know how!
>Sold 60% at 4x to 5x the price.
how the h*ck? on etherdelta?
hitbtc
How the fuck you transfer opt to this shit?
you fucking retard, you havent sold shit.
the tokens were tradable only since block 4211033
he's trolling. he had the same reply a couple of days ago.
i was shilling it all week and seen this crap already. the tokens became transferable only couple of hours ago.
you dont, you can sell on etherdelta only
gieb marketcap numbers pl0x
current opus price = 0.00016 ETH = 0.0544$
supply seems to be 130M
so the marketcap is 130.000.000 x 0.0544 = 7.072.000$
lots of room to grow tbqh desu, unless i ran the numbers wrong
>selling below ico price
Fuck off. And, correction, it was 3x to over 5x.
congrats, but you werent trading the token, but HITBTC ious
team will be burning tokens, though.
this is tiny considering they have a working product
HITBTC is now trading proper OPT tokens
The 130M tokens is after the unsold tokens are burnt.
ohh, cool, thanks for doing the math
Why would anyone sell at less than the ico price?
Beats me.
weak hands. devs misspoke that they don't intend for the token to be flipped and it's sole purpose is to buy music.
obviously they cant say that its a security an investment vehicle otherwise they wont be listed on bittrex and other US exchanges.
it's a mid to long term project. it will moon when they will release the full version and hit the chink markets.
also some people on telegram overextended and are looking to move funds to other upcoming ICOs.