Sell your coins and move on then.
I sold my coins a while ago, you don't have to tell me what to do. And no, I'm not moving on. Rather than just carelessly running away from problems like you do, I actually try to solve them.
Please let us all know when you solve this MAJOR problem of the developer actually having ownership in his own company. We all cannot wait for your due diligence report .
The MAJOR problem is that the dev made no mention of a premine for himself, in fact he alludes to the fact that all the premine was paid out to miners, something we now know to be false.
https://bt.irlbtc.com/view/661885.msg8222374#msg8222374See, he doesn't mention 17 million coins went "unclaimed", or that he's going to be keeping 5 million for himself. So its a problem alright.
This problem was addressed and those coins were "burned" increasing every coin holders percentage stake. He didn't try to hide from this , he addressed it and took action. If he was a scammer then those 17 million coins would have been dumped when the coin was at a high value and we would all be holding worthless coins now . His actions speak volumes in the fact that he did the right thing .
Look at MaryJane coin , when the developer had 25.86% of the coins ........................NOW HE HAS 5.56% ... which means that lowlife dumped 20% of the entire coin on everyone.
Yeah it was a good scam, they had it planned good.
All the Weed related coins were on a pump at the same time, all the devs had a bunch of coins to dump so they did.
Pumped and dumped the suckers and left a bunch of unwanted childs with a big loss.
Last one i remember to be clearly like this was Asia Coin, a while ago, another worthless coin.
But this is a scam that is used on a daily basis in crypto, is up to you guys to open your eyes or not.
There is not a single coin out there that has a serious project behind but Faircoin.
The rest are pump and dump bullshit.
It is a shame as crypto turned in the wrong direction a loong time ago.
