Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
DefendKebab
on 29/10/2016, 21:33:42 UTC
You guys don't get it.  This was an extremely brilliant scam orchestrated on their part.  They attempted to psychologically trick the "donators" to think that the price was 50x more than this coin is worth by setting an ICO price, allowing the price on the exchanges to rise. Once ICO is over, they started dumping en masse netting them a double profit.  Dor is an absolute greedy scumbag.

On the first sight you could think yes, but when Synereo team really had bad intentions they would have burned the entire premine ( it would be useless when the team pulls the plug after ICO ) and they would have keeped the price on poloniex above crowdsale price during crowdsale.

Without the premine and a higher price on poloniex they would have collected much more crowdfunding funds.