3 ms·

Would it be wise to invest in this?

ddddddrrw 9y ago
No
- patrickaljord 9y ago
  It's basically gambling. So do it if you want to have fun and most probably lose your investment with a ridiculously tiny chance of getting rich. That is how every ICO should be approached. I haven't invested in ICO but then I've never been into gambling.
  - toomanybeersies 9y ago
    It's telling that my colleagues who have invested in Bitcoin and other magical internet money are also the ones who bet on the horses every weekend and also enjoy going to the casino.
dahdum 9y ago
On Reddit someone shared a Facebook ad they were getting about this. It's being hyped like TRON and will likely share a similar fate. "Today price $0.8 after ICO $50" https://i.imgur.com/lxGE0dz.jpg https://i.imgur.com/lxGE0dz.jpg
- binocarlos 9y ago
  The TRON hype train has been getting a lot of kickback recently on Reddit - claims they have been stealing content from other white papers and copying non attributed GPL code from other projects - current market cap 4.7 Billion - make of that what you will :-) * https://www.reddit.com/r/CryptoCurrency/comments/7qfjef/tron_gets_caught_again_plagiarised_white_paper/ https://www.reddit.com/r/CryptoCurrency/comments/7qfjef/tron...
  - wmf 9y ago
    Note that TRON != TON?
    - binocarlos 9y ago
      Yes good point - I was replying to the above comment: > It's being hyped like TRON
- wmf 9y ago
  Mmmm, securities fraud. Did Telegram just officially say that their token will go up from $0.80 to $50? Or is Facebook allowing scammers to create fake official pages? (On another note, ICO pricing around $1 seems like it will inevitably trigger the "I can't even afford one coin" effect. Pricing the ICO around one cent (with 100x more coins outstanding, of course) would give more breathing room.)
  - vehementi 9y ago
    They're saying that if you pay them today, you get them for $0.80 as a "ico pre-sale". Then during the real ICO, coins will be available from them for $50. Nothing about market price
    - akhatri_aus 9y ago
      If they're available for $50 after it means the market price has gone up, if they can sell them at $50 why can't you? Securities/Tokens are a two way street not your typical discount aisle.
  - nokcha 9y ago
    >Did Telegram just officially say that their token will go up from $0.80 to $50? Or is Facebook allowing scammers to create fake official pages? The latter. See https://www.financemagnates.com/cryptocurrency/news/breaking-telegram-ceo-officially-confirms-gramtoken-io-ico-fake/ https://www.financemagnates.com/cryptocurrency/news/breaking...
- ValentineC 9y ago
  Note that the website in the Facebook ad is likely a scam: https://bitcointalk.org/index.php?topic=2632441.80 https://bitcointalk.org/index.php?topic=2632441.80 See also: https://www.reddit.com/r/telegramico/comments/7qn09t/telegram_preico_is_now_live_gram_token/ https://www.reddit.com/r/telegramico/comments/7qn09t/telegra...
- doctoboggan 9y ago
  Looks like a scam capitalizing on the press around TON. The article said sales wont be until march but this ad is saying you can buy them now.
colbyh 9y ago
Lockup period means this ICO will behave differently than some of the other coins that have come out recently, and there's no way to tell what the market (or regulatory atmosphere) will be like in 6-18 month. It's speculation, just like all the other ICOs, but at least Telegram is a viable platform with a good use case for the coin.
yehosef 9y ago
I think what's interesting about this ICO is that their product is a natural fit with the blockchain ideology. Because of the encryption of telegram, people are already using for communications that they don't want observed by the authorities (eg telegrass). Adding cyptocurrency to this allows them now to exchange "money" for goods/services without having to resort to traditional money, credit cards. This would close the loop and create a compelling package, IMO. I'm not an expert at all in this realm - but it seems to me that this is one ICO that has a good chance.

patrickaljord 9y ago
It's basically gambling. So do it if you want to have fun and most probably lose your investment with a ridiculously tiny chance of getting rich. That is how every ICO should be approached. I haven't invested in ICO but then I've never been into gambling.
- toomanybeersies 9y ago
  It's telling that my colleagues who have invested in Bitcoin and other magical internet money are also the ones who bet on the horses every weekend and also enjoy going to the casino.

On Reddit someone shared a Facebook ad they were getting about this. It's being hyped like TRON and will likely share a similar fate. "Today price $0.8 after ICO $50" https://i.imgur.com/lxGE0dz.jpg https://i.imgur.com/lxGE0dz.jpg

binocarlos 9y ago
The TRON hype train has been getting a lot of kickback recently on Reddit - claims they have been stealing content from other white papers and copying non attributed GPL code from other projects - current market cap 4.7 Billion - make of that what you will :-) * https://www.reddit.com/r/CryptoCurrency/comments/7qfjef/tron_gets_caught_again_plagiarised_white_paper/ https://www.reddit.com/r/CryptoCurrency/comments/7qfjef/tron...
- wmf 9y ago
  Note that TRON != TON?
  - binocarlos 9y ago
    Yes good point - I was replying to the above comment: > It's being hyped like TRON
wmf 9y ago
Mmmm, securities fraud. Did Telegram just officially say that their token will go up from $0.80 to $50? Or is Facebook allowing scammers to create fake official pages? (On another note, ICO pricing around $1 seems like it will inevitably trigger the "I can't even afford one coin" effect. Pricing the ICO around one cent (with 100x more coins outstanding, of course) would give more breathing room.)
- vehementi 9y ago
  They're saying that if you pay them today, you get them for $0.80 as a "ico pre-sale". Then during the real ICO, coins will be available from them for $50. Nothing about market price
  - akhatri_aus 9y ago
    If they're available for $50 after it means the market price has gone up, if they can sell them at $50 why can't you? Securities/Tokens are a two way street not your typical discount aisle.
- nokcha 9y ago
  >Did Telegram just officially say that their token will go up from $0.80 to $50? Or is Facebook allowing scammers to create fake official pages? The latter. See https://www.financemagnates.com/cryptocurrency/news/breaking-telegram-ceo-officially-confirms-gramtoken-io-ico-fake/ https://www.financemagnates.com/cryptocurrency/news/breaking...
ValentineC 9y ago
Note that the website in the Facebook ad is likely a scam: https://bitcointalk.org/index.php?topic=2632441.80 https://bitcointalk.org/index.php?topic=2632441.80 See also: https://www.reddit.com/r/telegramico/comments/7qn09t/telegram_preico_is_now_live_gram_token/ https://www.reddit.com/r/telegramico/comments/7qn09t/telegra...
doctoboggan 9y ago
Looks like a scam capitalizing on the press around TON. The article said sales wont be until march but this ad is saying you can buy them now.

colbyh 9y ago

Lockup period means this ICO will behave differently than some of the other coins that have come out recently, and there's no way to tell what the market (or regulatory atmosphere) will be like in 6-18 month. It's speculation, just like all the other ICOs, but at least Telegram is a viable platform with a good use case for the coin.

yehosef 9y ago

I think what's interesting about this ICO is that their product is a natural fit with the blockchain ideology. Because of the encryption of telegram, people are already using for communications that they don't want observed by the authorities (eg telegrass). Adding cyptocurrency to this allows them now to exchange "money" for goods/services without having to resort to traditional money, credit cards. This would close the loop and create a compelling package, IMO. I'm not an expert at all in this realm - but it seems to me that this is one ICO that has a good chance.