Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum
Price is dropping again.
i've been warning people since the price was over 10 times the current price that these guys are scammers.
they dumped 50k EXP on people and are still dumping 50k more of the initial premine. they plan to dump 100k (1% of the 11 million premine) each month.
they say they don't care about price which is because they have free coins from the premine. why would they buy coins at 200 satoshis when they have it for free? they can sell to you at 200 satoshis and still make a profit!
devs aren't putting up buy support and are blaming "whales" for the high initial 200k price. a more likely story is they are the "whales" who pushed the price and volume early so they could dump on everyone. think about it.
last time i sold was 12.5k. i showed you screen shots. now the price hit 0.00006001 on poloniex and 0.00006553 on bittrex. the market cap is below $10,000.
this coin will NEVER reach 20k satoshis again.
If this is indeed true, I feel very stupid for investing in this coin. Unfortunately this explanation above does make sense for why there is ZERO buy support on any exchange. If the devs cared they'd be accumulating down here with such a low market cap.
