I get what you're saying and I don't know if there's a way to disprove that in a factual way. If BCNext and a few partners created a bunch of shill accounts and sent bitcoins to the ICO address they would have been paying the money to themselves and not really spending their money. However, that just doesn't seem plausible to me in the case of NXT, the whole thing from the get-go just doesn't seem like a scam. If it were a scam you'd think the whale accounts would have dumped most of their NXT by now, especially during that big pump when the NXT market cap shot up to $100 million. But instead they've held onto most of their NXT all this time. Why would they have done that if they were just running a scam and trying to cash in? Scam-coins tend to be clone coins with lazy coding, why put so much work into developing real features, which they did from the very beginning by writing entirely original code for the first all-POS crypto. And the dev team has been active ever since. All that evidence suggests to me that whoever started NXT was serious about making a crypto of real value and not just a get-rich-quick scheme. Why develop all these features if you're just looking to make a quick buck. I guess it is possible that they did both: develop a real crypto AND scam investors by setting up shill accounts. Who knows? But to me that's really not the issue. The real issue is whether NXT is a quality altcoin with valuable features. Even if there were some shady dealings going on there's really no denying the quality and originality of the platform.
This is completely ignoring my comments or the topic of the thread.
I haven't called NxT a scam coin. In fact I have been defending NxT for sometime claiming that it appears not to be a scamcoin based upon the dedication of a small team of developers.
What is undeniable is NXT is capitulating and dieing(Even compared to BTC crashing which has been drastic) . This can be proven by the numbers even if you add in all the assets to paint the most favorable outcome for the NxT ecosystem.
The ICO isn't the most important concern but is a real one that one should consider when investing in NxT and its future potential. Additionally , while Nxt does have much better development than many alts , it is pathetic compared to all the development from a software and hardware side in the Bitcoin ecosystem. Don't drink the marketing koolaid and compare the NxT wallet to Bitcoin QT. Bitcoin is much bigger than that with many projects and many hardware and software implementations..