I am still debating whether I supported a scam here? There is hardly any volume and the price keeps crashing. If there were in fact any buy walls how could this be possible?
Have buy walls been used yet? Or is the dev team waiting to use them?
I think buy walls is actually part of the reason the price has dumped so much.
It does not inspire confidence to see one of dev's first moves (before waves withdrawals have even finished) was to transfer 6k BTC to exchanges, where it is out of view of public, and 1k BTC gets burnt on buy walls.
There was no communication about what this 5k BTC was getting used for except for a very vague, "we're using it for development"
What does that mean? Are you hiring people with this $3 million which disappeared to exchanges? Who are you hiring? What are these funds getting used for? Where are they going? To a bank account? Held in BTC balances on exchanges? Held as fiat balances on exchanges? Transferred into devs pocket?
No one knows because there was very vague communication about this, and only after the transfers took place. That's the main reason people lost confidence and started dumping below ico.
Oh. Of course, full report will be provided about how the funds were spent.