Really nobody understands problem scales?
On Poloniex of all the final price 28k is traded 3.000.000 AMP.
2 weeks ago, developers secretly sold 8.000.000 AMP (for $800.000) to large whales at the price 18k. If they bought in the market, the price would be near 120k now.
They sold it bypassing the market!
It didn't influence the price. But it is very large volume.
Now irrespective of the fact which there will be a price after the release alpha, these whales who purchased very cheap fall into an advantageous state, other investors will buy at the price 33k.
And when these whales will begin to sell, these 8.000.000 purchased AMP it will influence the price.
This fraud from developers!
Is this truth?? If this is the truth, this guys can literally sell remaining 1.6 bil. tokens when ever they want to. Where do you got this info from?
I have around 12k AMPs but if this is the truth i want this project to die, just hate to see this much greed.