Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
by
StewieG
on 19/02/2017, 19:42:03 UTC
With regards to the 2 points mentioned:

1.Price support:
Quote
I can now make a promise:We will be using some ICO funds for price level support (in some form of buy walls, in a way that has the highest impact
This was stated: "in some form" + "of buy walls" + "in a way that has the highest impact".
This could be interpreted in various ways, but does not state explicitly that there will be a stage 1 ico price buywall set up. "In some form" can have a variety of meanings.

2. Coin distribution:
All coins were bought, and distributed in the planned genesis accordingly.
The actual coins were bought, and everything was distributed accordingly, but a clause for a refund/buy back was never cemented. A refund/buy back happened, so those coins are up to the heat team's discretion once again, outside from the distribution set up which was performed.


Regarding 1: This is bullshit. Everybody knew what was meant by that statement, at least it clearly was meant to give everybody the impression that there will a buy wall that would be around the ICO price. Otherwise why say it at all? When you say I will grab a baseballbat, drive to your house and hurt you everybody knows what that means. You can not just say oh you thought I was going to beat you up, but I meant by hurting you that I will mow your lawn. What you are doing is a very cheap tactic and makes every outstander think why you are doing that. Are you their lawyer or why do you do that? If you were an investor you would have nothing to gain by defending such behaviour.

Regarding 2: It said that all coins will be distributed to the investors. The thing that is wrong here is the following. The heatheads say that they have to buy back the coins. This is wrong! They don't actually buy them back! When you buy something, you pay it with your own money! The money they use to "buy" the coins back is not theirs. In fact I think they never recieved the btc that people send to ccex to get heat. Heatheads were never in posession of the btc. What is the correct term for what happenend to the coins of ccex is a return! The coins have been returned by ccex! The heatheads have not "bought" them back! And if you look at it from this perspective, the coins have never been sold and therefore belong clearly to the investors as it said in the ICO that ALL the coins (including the unsold coins and thereofore the ccex coins) will be distributed accordingly to the investors!