wtf safex team, this is becoming really unprofessional…
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Tommorow maybE?
tomorrow never comes
Patience is a virtue.
No point rushing out a product that isn’t great
From my experience in managing projects the hardest part is managing your time. You really have to figure out what you are good at, and outsource the rest. I also missed a number of deadlines with clients in the start up phase. I gave up on coding for the simple fact that there is a lot of people out there who’s skills are far superior to mine. It’s only once I started to outsource the things I wasn’t efficient at, that I met my deadlines and my business started to take off.
It would be extremely difficult to keep up communication with the community, attend conferences, do interviews with the media, plus get enough time to eat and sleep. All while trying to develop a project as ambitious as SafeX. Hopefully a few valuable lessons have been learnt by the SafeX team over the past week.
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I just think this is weird, really really weird… Not even updates…
Nothing…
can i have your coins ples?
Here…i’ll hold them for you.
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So the gloom and doom merchants realise it’s still the 15th in some parts of the world?
16th 9am in serbia
In business you often learn as you go. It’s more important to see how the team deals with and adapts to their shortcomings than worrying about the delayed release of a wallet.
Having such high expectations of such a small team to have an extremely diversified skill-set which is needed is unrealistic.
No one is happy about the delay, and I am sure that applies to the SafeX team as much as those people here who have put money into the coin.
If they expand the team and better manage peoples expectations, I will have no issue continuing to invest in Safe Exchange Coin. I really like the concept, and while it’s less than ideal what has happened over the past week. I don’t consider that a major obstacle to getting this project off the ground, and eventually seeing a large return on my investment.
guys, quick question…
when… the wallet is released, what sort of growth you see it affecting the market price ?
up to where ?
It’s anyones guess. As people take their coins off the exchange and move them into the wallet it could limit the supply that is available to be traded on the exchange. If the demand is there it could lift the price. It could also drop if those who got in early start cashing out to take profits. It’s hard to tell how high or low it could go.
Thing about the wallet being available might help bigger investors that wanted to invest but that didn’t wanted their investment to be sitting on an exchange might be happy once it get there. But other then that let’s be real, the only thing that make the price of a coin goes up is how much people value/trust it’s team and the more the team will proof they can be trusted and that what they deliver is solid, the more people will hold what they already have but most importantly, the more they will invest more and will try buy more coins (which is the only way to make the price goes up)
That’s the reason why this wallet is so important, because on top of the wallet himself and his feature, you have the trust you are building with the dev team and if there is something Daniel should learn from this is that you should not make announcement uless you are 200% sure everything is already done and ready to go. The Hesitation of people right now is that 3 times in a row in the past week 2 weeks now, date have been put on the table as “official” but each time, they busted the deadline (which is OK 1 time, 2 time but if you don’t know when you’ll be done, you better not give a date at all as each time you’re losing more and more people trust.)
That said only the true people will stay in the end that trust in the main idea, the Chille blockchain and the trading platform but the price of SAFEX himself like any coins, is based on how much new money gets in daily so If such a situation like the wallet get resolved and that the team then work on their communication and stop hyping event that they cannot deliver, they should build back their trust with the community and in the end you will get your price increased 
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daniel is still holiday in hawaii, when he back only release
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The lack of meeting deadlines does cause lack of trust, one time the mistake is understandable but 2 and 3 times causes trust issues in the team. These trust issues at the moment are keeping me from investing more in safex, I do not plan on selling my safex as I believe in the project but I do believe the team needs to immediately update us now if they are not able to meet the deadlines. 2 sentences in the forum explaining the problem would go a long way in investor trust.
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Thing is big investors know about keeping omni-protocol tokens (which safex is one of) off exchanges already and can even use omniwallet.org to move the coins when needed. So the wallet will not change that factor for big investors.
What the wallet release will do is verify the project is progressing and instill confidence. These delays may be annoying, but par of the course. Small team, programmer optimism, and pushy people make deadlines earlier than they should be and then disappointment that its not out early. As with all of Daniel’s programs he will deliver when its ready.
What will happen to the price? Well a couple of things might occur.
- people buy up heaps more with the increased confidence.
- Everyone has been buying up on the news eager to get in before announcement when they feel #1 will occur, but in fact some have bought on the hype and sell once the wallet release because this is what happens so often in crypto, buy the news, sell the release.
- This is the new price point and grow over time.
To people thinking that buying coins is investing (giving money to the project), then sorry all you are doing is investing in the coin (benefits to you) and paying others who are selling the coin. The only way the team get anything from buying/selling safex is via the site where they sell safex to you and then they buy up from the exchange and a small amount goes to the team because of the spread used in the process.
I am not being negative as I have been a holder since the ICO and have seen this buy the news and sell the release so many times in other projects and so has the market, so much so its a mantra “buy the news (hype) and sell the release (reality)”.
Don’t worry even if the price drops to half in the next week or so, just use it as an opportunity to buy up cheap. The price will rise above the current as the project continues.
Relax, be patient and enjoy the ride.
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This is a “Chaos is a ladder” kind of a deal )) Sell now, buy at major disappointment for 350, after wallet sell at 800 before everyone else, then see if it starts to grow slowly and make your long term investment THEN.
15:00 CET which means there’s still 3 hours and 20 minutes to go… Get your shizzle together people and stop spitting prejudice. 15.00 means 3 PM so when they made the announcement, 15:00 was already past. I think they messed up the date. August 16 is the right one.