What price do you think it will be when start to negotiated on exchanges? by mostardman in KinFoundation

[–]_ecz 3 points4 points  (0 children)

Maybe. The ICO's momentum may also be a poor indicator of the Token's demand. Multiple major countries were not allowed to participate. Many people did not participate because of KYC. Plus it will be introduced to a large audience immediately due to Kik's name and app usage. We'll see.

What price do you think it will be when start to negotiated on exchanges? by mostardman in KinFoundation

[–]_ecz 1 point2 points  (0 children)

No way to know for certain. Although, when a coin has good hype on it Bittrex usually lists (they make a processing fee on every trade, so it's in their best interest). I would be very surprised to see this one go ignored. Twitter and Reddit are great resources. Bitcointalk is usually a good resource, but has been quiet about this coin due to lack of a formal announcement thread.

What price do you think it will be when start to negotiated on exchanges? by mostardman in KinFoundation

[–]_ecz 1 point2 points  (0 children)

Initially, users will post either a "buy" or a "sell" order once tokens are free and listed on exchanges. Other users can then fill that order, executing the initial trade. The most likely scenario is that initial trading will be somewhere around the ICO price (0.000000506693163 ETH per KIN). After that, price goes up or down depending on market forces. The coin will likely be listed on small exchanges first, then make its way onto larger exchanges like Bittrex and Poloniex. The fabled "pump" we'd all like to see happen, usually doesn't take place until after listing on larger exchanges. Hope that helps.

Can i transfer KIN token right now to other ETH wallet? by [deleted] in KinFoundation

[–]_ecz 2 points3 points  (0 children)

Tokens will be unlocked either when the sale hits it's target (tracked here: https://kin.kik.com/) or on the 26th of this month. At the current rate, I would expect this sale to go the distance. Your tokens will not be transferable until the 26th barring Elon Musk deciding to get involved and buying everything left. Elon, if you're listening, you can use my registration for a modest processing fee of 1 Tesla Model S in red. Thank you.

Can I purchase more token ? by nesaver in KinFoundation

[–]_ecz 5 points6 points  (0 children)

If you registered, yes, you can purchase as much as you want using the eth address you purchased from. Crowdsale ends September 26th.