sometime after they can no longer ransom off small amounts of their personal stack for 20-50x what they sold it to themselves for
What underwriting for an IPO of a public stock is ever any different than that.
I understand your complaint is you want ICOs to be very visible and open to everyone on a equal availability basis. I think that makes the most sense as well, because you raise the most money for the developers. But I guess they have a different strategy.
Why be so jealous? You missed one. Move on. There will be many others. You win some, you lose some. Anal retention isn't healthy (and I say that sincerely, not being against you).
I do not want to discuss my personal jealousy nor my anal rentention - those traits are my own to deal with. Their existence or non existence can not change any of the observable facts that have taken place.
I wish to discuss only the observable facts regarding the IOTA ICO and other ICO's.
This ICO was not announced or advertised well enough compared to other big ICO's. I strongly suspect huge manipulation within this specific ICO compared to other large well advertised and far better distributed ICO's especially those with POW phases. This after NXT1 by the same people deserves to be mentioned as frequently as possible. Even though if they were not related it would not make much difference to me a scam is a scam.
I do not single out only IOTA. This pressure should be put upon all those conducting unregulated and non transparent ICO's. Forcing a very very broad initial distribution is the only way to prevent such manipulation taking place.
If they stop spamming the main board until it's released and proven to have some merit then we can move on to focus on future scams rather than ones that have already taken place. It's like darkcoin...should be left alone until they start spamming the main board. Then it is good to highlight it started as a scam. It is not only good because it holds them back as much as possible but others thinking to try the same tricks may consider that these things are not forgotten and it is an incentive to do things fairly to the best of their abilities.
I know things are not as simple as they seem. I can't get into a philosophical debate of the larger picture. I simply can not deal with needing to hold and manipulate this amount of data with regard to every thought i have. Some things have to remain simple and concrete until they become easily observable as false. To me the IOTA ico was unfair and is being manipulated far more than a fair release POW would have been...., or even an ICO with huge advertising before and during the sale (for larger distribution) and having a POW phase too.
Even if you are anonymint I will not heed your advice this time and move on from IOTA - no more than any other scam I see here. If you believe my jealousy and my anal issues are the only driving force here then I will not seek to change your opinion since I know you usually go to extreme lengths to analyse and evaluate before making statements.
The vast majority of your other posts and points though I enjoy reading and if it is you I am pleased that you have returned. I am unhappy to be on the other side of the fence over this but it will have no bearing for me on other topics.
IOTA is not the way to run an ICO if you do not want to be accused of running a scam. So future ICO's should make sure to get as wide of a distribution as possible through vast advertising on this board and other areas and include a POW phase. All reasonable attempts should be perhaps given the benefit of the doubt. It seems we are not going back to POW anytime soon.
There are many scams on this board IOTA is but one.