Founder of Mybit has essentially declared that the MYB token will increase in price greatly, after the ICO, on the exchanges.
On slack, he said:
-Ian Worral(Founder): "we received confirmation today that MyBit has articles out on Forbes, CNBC, INC, Wired -UK, and a few other major outlets but publication ranges from mid August into september (most of it after the sale closes) so that most likely will create a lot of demand on exchanges from a lot of people who were not aware of the tokensale we have been working with them to speed it up bc releases while the tokensale is still active would be best, but they do move slow and realistically it will most likely be after the sale is over"
This paired with the very low supply of 5mil tokens, maybe less since tokens not sold will be burned, this coin might be worth more then 2x the price after the ICO. Right now the price for MyB is 1ETH per 133MyB, if the sale reaches a certain threshold the price will jump to 1ETH per 100MyB!
Check out the ICO here: https://mybit.io/?ref=BJN7EkrwucS-
You can read up, plus view a video, about the ICO here: https://steemit.com/ico/@joaol/ico-watch-mybit-ico-with-huge-potential
For a tutorial on how to participate on this ICO check my post here: https://steemit.com/crypto/@joaol/how-to-participate-in-erc-20-icos-for-dummies
Check out the interview with the CEO: https://steemit.com/crypto/@joaol/check-out-the-latest-interview-with-the-mybit-ceo
Disclamer: I'm NOT a financial adviser, please carefully research the project and make your own investment choice! I'm just a random guy on the internet exited about this.
So the ICO is still up and running but we are already talking about price doubling after it because there are articles on Forbes and so getting tokens on exchnages is the only way? I think I'm a bit confused....
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There will be articles on Forbes and many other major outlets after the ICO, thus people that did not hear of the ICO will hear of the coin when it's only available on exchanges. So if you buy the coin right now (1ETH =133MYB with supply <= 5mil) you will very probably get it for much cheaper then what it will be on exchanges due to much higher demand(note tokens not sold on ICO will be burned).
Disclamer: I'm NOT a financial adviser, please carefully research the project and make your own investment choice! I'm just a random guy on the internet exited about this.
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Isn't the same thing with every single ICO? How are you connected with MyBit? Are you part of the team?
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What do you mean if it isn't the same thing with every ICO, of course it isn't, what other ICO is in the same situation as the founder described and gets so much media attention right after the ICO, or gets media attention in general.
Do you mean every ICO gets the same boost after they are released to exchanges? Look at the pillar ICO, it was sold at less then half the price it was sold at in the ICO, and the pillar ICO was very sought-after.
People barely know of the Mybit ICO right now, it will get good exposure after.
I'm not connected with MyBit, why?
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kaBOOM!
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This post received a 4.6% upvote from @randowhale thanks to @joaol! For more information, click here!
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