What are your Gnosis plays for the 24th?
>>1982997
Not buying that shit for $30 a pop
Scam coin made by the chinese. No thanks
>>1983042
I'd buy REP if it weren't horribly overvalued. Augur's oracle solution is vastly superior to Gnosis's.
>>1983049
Thanks for your input, much appreciated.
free walpap 4 u guyz
gnosis might be ok but their ICO is shit for making money. Ill wait and see what happens at the exchanges. Im 100% sure fomo retards are gonna lose their money after it stays at 25-30 dollars a token at the end of the ICO.
Some dude from their slack:
"
rowens
5:07 AM
@stefan it is possible for people to send eth right now so that it is automatically bid at $30?"
This ICO is gonna be a shitshow but the devs will make tons of money on morons.
>>1983370
>$12.5M USD worth of ETH of GNO is sold, or 9 million GNO tokens are sold.
Well, obviously that $12.5 million is going to hit first. Does that mean much less 9 million coins are going to investors?
>>1983257
>>1983260
WTF... just realizing this really is going to be a shit show. Fuck this ICO. I was going to participate, but not any more.
Most of the investors aren't going to fully understand the distribution. They are going to end up buying in at like $300,000,000 marketcap, and it's only going to go on for a few hours at most a people funnel in all their money. Fuck this. This is deceptive as hell.
>>1983388
and not just that, the spare GNO will belong to the devs, they will keep 90% of the supply if the ICO ends within first few minutes
>>1983375
I dont understand what numbers you are talking about.
The faster the ICO goes, the more people will pay for each coin and the less coins investors will get.
IMO the ICO will end in less than an hour cause there is a lot of FOMO around gnosis.
This will mean the coin market cap will be around 300! and the team will get 95% of all coins.
They claim the team itself will only get 10% and the rest will be locked for a few months before they decide exactly what to do with it.
So yeah, buying a coin and betting gnosis will be worth more than 300 mill is insane.
Ill wait for it to hit the exchanges and might buy then though even that seems like a retarded idea cause these fucks might decide to release more coins in different ways in which case the token prices will bottom.
to even understand exactly how the ICO works people will have to go to the gnosis slack and read a few blog posts, many wont.
They will jsut BUY BUY BUY and they will lose all their money when the coin hits the exchanges, the team dumps and the tokens drop in price like 10x.