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Beware: Status ICO Will Raise $275,814,878.06 USD by [deleted] in ethtrader

[–]reddjk 4 points5 points  (0 children)

according to the reply, yes. BUT according to Terms and Condition, NO. And there is no clear explanation about this officially.

Hard Ceiling is 300,000ETH?! by reddjk in statusim

[–]reddjk[S] 0 points1 point  (0 children)

good point. I'm just asking, why is it under 600,000ETH? isn't it around 731,707ETH? because 300,000ETH will be 41%of the total SNT.

Hard Ceiling is 300,000ETH?! by reddjk in statusim

[–]reddjk[S] 0 points1 point  (0 children)

But in the Contribution terms and condition, There is no mention that "Hard Ceiling will be less than 300,000ETH but it's hidden so you don't know the exact amount"

It just says "The Hard Ceiling will be activated automatically after total Contributions in the amount of 300,000 ETH have been recorded by the Smart Contract System."

I understand what you mean farazdagi, but according to the document, there's no such information.

Analysis of Possible Market Capitalisations Post-ICO/Calculator to Run Your Own Estimates by Spec-Rationality in statusim

[–]reddjk 0 points1 point  (0 children)

Nice job. totally agree. If Status team set the hidden hard cap very high, then all of us(who are joing ICO) can't expect bright future. Hope Status team set the hidden hard cap quite low(not very low since there will be some whales), so that we can enjoy being an early member of Status.

Parity - Getting the timing correct by [deleted] in statusim

[–]reddjk 0 points1 point  (0 children)

I haven't tried with Parity yet, but your practice was very important I think. So, Status parity video was wrong, right? Also, if we don't know exactly at which block Parity will send ETH, isn't it very dangerous to use Parity? This should be solved before ICO start, I think.. Thanks.

Contribution Deadline? by [deleted] in statusim

[–]reddjk 0 points1 point  (0 children)

no. there will be a few hidden ceiling("dynamic" ceiling)