Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum
by
CryptoClub
on 16/02/2016, 20:08:30 UTC

I call BS, if someone market bought & injected 400 BTC into the market EXP would have gone alot higher than a dollar. Take what scambust says with a grain of salt.

Yes, you can't trust everything on the internet. I believe that story just as much as the one where that guy lost 15 million dollars in BTC buying a fake record deal. Anyone with 400 + BTC knows to buy low and be patient. If not, then all I can say is some whales beat some other whales. Believe it or not, we are not whales, but there are plenty of them out there. Various groups even tweeted about it, maybe they had some connection? (I didn't even tweet about it that day, but I did write a pretty good article the day before, that is all)

What we did do when we designed it was to make it intentionally rare, and that was partially to make it better for speculative trading, and yes, for whales. We knew this would help with volume and eliminate the risk of having a flat line crypto. This also helps with price variation by making the count low enough so it can be very tradable at essentially any marketcap value, and never has the problem platforms with billions of tokens may run into.

What I do know, traders that are big players have said they love EXP, so I would expect there will be accumulation and more volatility in the future. Plan accordingly.