Date: January 20th, 2018 3:15 PM Author: Sooty stage
looks like ZIL was sold during the presale for about a penny each. What do you think is a reasonable price to pay when it hits the exchange? if it debuts at something ridiculous like 30 cents, it doesn't seem like it's worth it since the value could go down. for comparison, look at Cardano, which IIRC was orig sold at ICO for .0024, then listed on exchanges for about 2 cents and stayed near that price point - even dipping a bit - for two months.
Date: January 20th, 2018 3:30 PM Author: mustard 180 goal in life half-breed
It always gets dumped hard one it hits an exchange. These fags thinking they're going to put their life savings on the idea of sharding need to at leas wait until price settles at the new low. Look at the 1st week of a few new listings to get the idea
are you looking at the charts in a vacuum? For these bigger hyped projects the initial spike on every listing is like 20x ico price (and that's just because of low volume fuckery) and settles to like 5x ico price before taking off again
Date: January 20th, 2018 4:02 PM Author: mustard 180 goal in life half-breed
No. Just a very general trend we usually see things get dumped on a new exchange and settle into a new low for that exchange like you said. Hard to gauge xo hype on zil vs the rest of the internet
this is not general. You have to look at how much demand there was for the ICO vs how many could actually participate. ZIL was notoriously difficult to get into