Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
A dev team that stores their funds on a random exchange deserves to go down together with it's coin. period.
Besides that, i do not believe a bit of that story.
You lack all sorts of logic.
Mintpal was the number 1 exchange at the time, bigger than Cryptsy. It was a very legit popular exchange. If you own a lot of BTC you can earn quite a bit of money trading them and trading them on an exchange where the volume is high and where you know the owners is a good reason to hold your BTC there.
Lots of legit and smart investors lost their money in Gox. It's not so unbelievable that a coin or their devs had a lot of BTC on a top exchange [Mintpal] last year. Ryan Kennedy himself was seen as a respectable, top crypto guy before he pulled this scam.
What I'm telling you about syscoin is a fact. Your disbelief or lack of knowledge doesn't change hard facts.
Do a little research - it can be quite amazing finding things out before you see it in the news.
You don't need to tell me what an exchange is and stuff, thanks.
But:
You want to tell me that NOT ONLY a dev team having their funds on an exchange BUT ALSO the dev team actively TRADING (or better gambling) with the dev funds does make sense to you?
Go and buy more XPY, but stfu.