It is not mind boggling to me at all. $1 price was based on a phantasy what might be delivered when going live. $0.05 is based on what is has been delivered after “going live” and increasing the token supply more than two fold.
Markets never lie. It’s a harsh reality for some, but it is surprising to me that many seem to think any project/product can be “undervalued”. Maybe it is for you (in your subjective view), but all actors (having access to all available information) value it different.
The circulating token supply suddenly surged without an increase in demand, which seems to have impacted the market in various ways. While the internal community remains strongly confident, from an external perspective, trust in the network is still lacking, so uncertainty persists.
Unfortunately that’s not the case, you have to understand tokenomics, liquidity and market psychology.
It would make no sense for this token be higher in value compared to a few years ago, like no sense whatsoever. It’s all perfectly normal given how this project unfolded.
It would make perfect sense for the token to be higher based on the reduced uncertainties around technical risk of whether or not the network will be feasible.
Data has been kept since beta without loss. You can load & use Atlas, stream videos, and upload files.
It’s now known to be feasible & work is now on getting a user experience that’s decent, which it seems is just a matter of time.
So, if circulating supply had remained constant, I expect price would be in line with, or higher than it was prior to the TGE.
But, massively diluting supply to some people with little / no conviction before having the clear marketable user experiences that will help create new demand had had an effect that shouldn’t be surprising.
But, maybe it’s better to have a mega-dump now so that those with conviction can totally fill their bags before the network gets up & running fully vs having the supply shock putting a dampener on things when the network is really gaining ground in terms of market traction?
One things for sure, if the network is a success long term, those who take advantage now will be greatly rewarded.
Point to the exact lie? I’m only asking questions and expressing how I feel. You are the one making false accusations. This thread isn’t the “attack Tyler thread” – you need to make an off-topic one for that.
OTOH - Marketing affects the price of the token - questioning the marketing plan is thus a valid addition to this thread.
@moderators - I request that his posts making personal attacks against me be removed from the thread as they violate the forum rules.
Those are dev updates. I see nothing about marketing there - which is the crux of my questions.
I am merely expressing how I feel - and I am NOT bashing the team - I support the dev team fully (haven’t sold a single token yet and have taken even more losses!) … As far as stupid goes - the old saying is, stupid is as stupid does (or in this instance doesn’t do) … I don’t know if I’ve directly called them stupid - I hope not, but if I’ve implied such, by pointing out the lack of attention marketing is getting, then I see nothing wrong with that.
It’s not an either or thing though - that’s what you are missing. In fact, not having robust marketing now is going to make it much harder later to have a robust ecosystem and token valuation later.
I apologize for that - what I meant to imply is more general – that she is inadequate for the job she’s taken on OR she has another deeper and unspoken motivation for not marketing now - OR something else I can’t fathom … which is why I’d like her to respond in detail on this forum for people to hear for themselves and make a decision for themselves on what is going on.
Of course I’m reading your posts. I don’t think you are fully understanding my point. We don’t have to wait to do marketing - the network is novel in several ways already and the plans for it in the future - including native token are a selling point. This can and should (IMO) be marketed now in a big way to major audiences. If they think otherwise, then ask them to enter into a civil debate on the matter with stakeholders like myself.
I’m not selling anything. I do support the project. That aside how many people here are now selling due to the tone of my posts? I doubt anyone is.
Now he’s implying the use of violence against me … do the moderators care? This sort of thing should (IMO) lead to an outright ban from the forum.
I didn’t see @Southside mentioning you @TylerAbeoJordan - don’t be so self centric - and he’s one of the few (and within that group one of the most active) testers of available IF apps
What did you guys do to make this endeavour a success lately (except for moaning)?
Edit: oh one moment - you’re working on something @TylerAbeoJordan - I forgot that - didn’t want to attack - just tired of the constant complaints just because of a little dip happening token wise
The closer you come to 0 the better, that means you no longer need to hold any iou’s, @ 0 your basically getting ANT for free from those who want to offload…
When you question without taking into account the “Annual interest rate”…
I’d say ‘you’ve got to be joking’, but you clearly aren’t. I don’t know what to tell you. The conversation was clearly implying Southside and me and then he said he beat ‘me’ with a shovel … being indirect about it, sure, but was obviously aimed at me.
I haven’t sold my tokens and I contribute to the forum in many positive ways. I am working on an app in the background and I’m not taking money for it - so it might be a donation of sorts, if I can actually get it done.
Also I am not interested in this particular dip in the price - I worry that the lack of marketing will become a feature of the team into the future - I see no coherent plan being shared or any sort of milestone where it starts.
Haha - sorry then I will shut up now - haven’t read Southsides comment or what he referred to too closely - don’t have the capacity to waste my time on too many fronts xD
Sorry to have wasted your time - but why would you care about his comments anyway?
I do agree, and don’t see anything wrong with asking the team to clarify marketing plans and arguing that more marketing focus may have its place.
But, I see you complain about the team’s approach to marketing quite a lot (and you’re not alone… I may sometimes too), yet the marketing section of the forum is dead.
If everyone who complained about lack of marketing instead discussed what marketing actions & strategies would be the most productive, I think we’d move forward far better than just dumping in all on the team who have clearly decided to keep marketing on the back burner for now.
To me it seems community devs have stepped up and are delivering goods. Community marketing minds are doing nothing much productive.
It’d be great to see that change… maybe we need a weekly community marketing call as well as the weekly community dev call so we can move forward on both fronts.
Marketing officially started when David appeared on Max Keiser back in ’16, Freedom’s Phoenix, Soveryn Tech, Let’s Talk Bitcoin, etc. and so many other venues years ago. Namely, when the team flew to Hollywood to play a key advisory role for the HBO series, Silicon Valley.
Marketing, is not something you can turn on and off at will. Adverting is not automatically hype, it’s the only way you stay relevant. The build it and they will come mentality of the project is what will get this thing killed.
Both Tyler and blvd are correct for different reasons. Waiting for the perfect moment is a death sentence. The fact that a tech this advanced has a market cap of a mere 6.6M should give everybody something to talk about. It’s not that hard.
Attacks and subtle attacks are not suitable. Please keep to non personal issues.
If you wish to question the team’s decisions and/or directions then make a topic and give good constructive context to your questioning.
This subtle questioning and FUD is not constructive and read by many readers as attacks by people.
This topic is for price & trading conversations. Not for asking the team xyz questions, or asking others what they hate about the team/devs, or where you see they have got it wrong. Make separate topics and defend your reason for asking - ie plenty of decent context and reasoning.
yup I’m sure going on joe rogan to market an comically illiquid token with chucky-cheese-tier tokenomics will turn things around and if Joe starts asking questions, just tell him “but what are you contributing??”, and the price will fly high
IMO, and it sort of hurts to say, the best marketing for the project and its privacy features will be an illicit marketplace web/app. It will simply force a portion of people (thugs and their customers) to use it, and the rest of the public to notice (media outcry, pleas to ban it, admission it’s effectively impossible, etc.)
From there, there is no turning back. I know it’s cynical, but it’s also the most logical use case and the lowest hanging fruit. Through that, the upsides will surface too.
That could be cool. If she shared the marketing strategy (but not start it yet) and interested people discussed it and maybe contributed ideas to help upgrade it.