Post
Topic
Board Announcements (Altcoins)
Re: $XAI Sapience AIFX - Decentralized AI over coin network | Now on Coinwallet.co
by
Observer34
on 09/02/2015, 00:40:17 UTC
I am here to warn everyone that the aliens are coming...

Observer34: you seem to have a lot of free time on your hands, but there has to be something better for you to do than to troll on a project that is clearly not for you.

Serious people have invested on Sapience. At this point, Sapience has greatly risen in value since it's lowest point or even the crowd fund, so certainly, there will be some people eager to sell. Others believe that there's greater value in the future, so will be eager to buy.
Not everything is a scam. Take it easy.

Edit: I will stop exercising judgement over price swings and valuation as there are enough speculators around. There has been a lot of market activity over the last few days, and obviously, a lot of day traders will have picked up coins for their instant gratification needs. I believe in the long term of this project, and I trust that the price will eventually reflect its utility value. In my mind, what's more important now, is to get testnet going and giving the new features a serious workout!  Cool

I've looked a bit at a few of these coins your group of people are pushing, including xai and ambercoin. They have in common that the vast majority of coins are in the hands of a few people. You can push the price as high as you want since there are almost no coins available to be generated for sale. You could push the price up to a billion dollars if you want. And then when some people jump in you take a power dump on them.

There are some very clever people involved in these projects. If I had resources I would hire them. But I would not let them near the cash register.