3,5K SEED sale in minus 60 min; last minute details.

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For an overall picture of the sale check:

And the day arrives! Today is the day SEED gets 'officially' fully diluted (it already is). And like every other launching process, problems arise. We have at least two.

  • HIVE is out of control.
  • 'Backed' value of SEED assets exceeds 400K$ (That means that even in full dilution, SEED is already worth +4$).

Well, problems. This is only good news after all. But... BUT!

With Hive at 1,8$ , fair price of SEED 'should' be 2,33 HIVE or 4,33$ , However, people keeps refusing to dump and to set a sell wall at around 2,5-3 hive and some others keep buying small dents at prices as high as 4,2 hive or 7,56$!

Just, just... astonishing. Congratz on your diamond hands, SEED holders.

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Long story short; I 'can't' peg the price at 4$

And probably it's my fault, but honestly didn't expect mooning like that in such a short timespan.

The 3500 SEED are ready at @seed-treasury account, and the first sell orders will land on market in less than an hour (exactly at 12 pm UTC). I'll follow a few rules:

  • I'll put smaller orders for sale (eg, chunks of 500 SEED) rather than a big one of +2000.
  • I'll NEVER trigger existing limit orders (that means I won't dump the actual price, If the actual price is 2,85 hive I'll put the sell order at 2,9 hive).
  • If someone wants to buy all at once, I WON'T CANCEL the sell orders. So, If you're interested in buying a chunk of SEED and start buying it in small chunks, no worries, I won't cancel that order right away to raise the price.

However, I don't expect the SEED to fly from the market in no time, far from it. Hopefully, the sale keeps going on for a few weeks and more people are able to add a bit more.

I think that's all you need to know. Also remember that's a ''first-come, first-served'' model.
I recommend that If you're planning to buy for some time, don't ''expect the price to go down to buy cheaper''. Can happen, or not...

I think everything has been said. See you on the other side.

Good luck everyone!

Posted Using LeoFinance Beta



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23 comments
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Thanks for the update I was wondering how this was going to work with Hive doing what it has been doing. Something tells me these wont last and you have undersold yourself yet again lol. There is nothing that comes close to this as an investment on Hive right now and these are like hot cakes.

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I just bought 110 more to push my total to an even 1,000.

Thanks for the release of the last part of the treasury. It is good to see us taking this to the next level.

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Bags are filled, let's go! Looking forward to the next adventure! Thanks again Empo! :)

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Picked up 40 more. Would like to have gotten a few more but I have some HIVE stuck on Bittrex right now due to coin maintenance. Maybe if that clears before they are all gone I will get some more. :)

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Saw you were having the equivalant of a 'Black Friday' SEED event, thought: "Don't mind if I do!" and picked up a few more! Loving this project!

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I was really refreshing the page to be one of the first to buy it and I went to eat. When I started to eat the 24h volume was around $100 when I came back it was $4500 ! I was waiting for hours !

Fortunately I've been able to buy 30 at a pretty decent price !

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Well, the 2.3 was me, but I said, f..k it, let's buy this seed!

Cool action for my Hive birthday!

!BEER & !PIZZA

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Whatever the price, not a single SELL order on SEED order board... come on suckers sell it cheap to me :D

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