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/biz/ - Business & Finance

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3443084 No.3443084 [Reply] [Original]

i bought into this ICO some time ago, i dont see it reaching its soft cap

in their terms it says this

5. If the minimum donation threshold is NOT met, all donors will be issued a refund at their request. That request will be honored and facilitated by Tokenlot.com

is there any way that they will fuck me and i wont be given my ETH back

>> No.3443126

>>3443084
In the same boat as you -- probably not if you actually request the refund from Tokenlot but the fact that they aren't automatically refunding it (on request ONLY) is hoping some forget and they get to keep it based on some bullshit TOS.

>> No.3443149

yeah same but I would be not suprised if they will buy token from their own pocket 10min before end to not lost already collected funds

>> No.3443211

>>3443126
yeah i think that is a bit atrange aswell, that is why i made the thread...thx for the inf though

>>3443149
if that happens what can we acpect when the coins hit an exchange? massive dump and price decrease?

>> No.3443222

>>3443149
I'd be okay with that, too. Less initial coin supply floating around for initial exchange listing might drive hype up a bit more and this company is actually very vocal on twitter. Even if it is bullshit hype-only news, that is what drives the price up lately.

Fuck a working product, if your marketing is on point you'll be making money.

>> No.3443542

i'm not going to be at all shocked if it hits the hardcap in the closing days desu

there's some weird shit floating out on this one

>> No.3443603

>>3443542
What do you mean?

>> No.3443625

>>3443211
well if so there will be dump once it hit exchange and when majority of tokens will be in some whale or comapany hands then pump will start.
If they decided to work on membership-loyality points field thay have to be good in marketing and as anon above said marketing=money. I think once it hit exchanges you can put sell order at x3 ICO and wait, should be good


btw I've put there 10eth and I am just little worried, not panic so far

>> No.3443627

For such a heavily shilled ICO, Avalon really flopped.

>> No.3443636

>>3443603
manipulation my friend. All crypto is wild west now, no regulation, smart people and big money- thats dangerous mix

>> No.3443666

>>3443636
I actually believe that, yeah. Makes me feel better about my initial investment in the company.

>> No.3443742

>>3443627
Yup.
Because literally nobody is going to use their services. Is anybody on /biz/ in an online crowd purchasing club?

>> No.3443783

>>3443742
I sometimes collect points on my gas station so when I spend like $300 for gas I have free hotdog

>> No.3443846

What is the purpose of owning AVA tokens if you can just buy the membership with other crypto currencies anyway? I really don't see why this token would ever increase in value.

>> No.3444239
File: 1.42 MB, 300x188, dinheiro_1_0.gif [View same] [iqdb] [saucenao] [google]
3444239

>>3443084
why why why would anybody invest in this shit. Not only isn't it needed it also doesn't generate money for the token holders.

Also there is not one single reason to make a group buy platform on a blockchain. "Blockchain" in this case is just a buzzword used to trigger some idiots to invest in this.

>> No.3444341

>>3444239
im not saying it was a smart decision

>> No.3444359

>>3444239
OP here just using diferent computer

>> No.3444379
File: 263 KB, 600x613, 1504627639035.png [View same] [iqdb] [saucenao] [google]
3444379

>>3443084
put 4.5 eth in this
now waiting for:

>some whale to make order to only fill 35% (softcap)
>or refund