3. BINGO on #1.

4. Markets are easily manipulated when the dev owns more than 5% of the coins.
They set their bots to buy/sell into their orders, inducing panic buys and sells at will. And all it takes is one panicing noob to make back the 0.25% exhange fees.
Did you forget about this enlightening revelation ?
Or did you purposely ignore my response after realizing that you have said too much ? lol