Re: [ANN][INCNT] Incent Loyalty | Waves CAT | On Bittrex

Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.

Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.

Seems pretty short sited of Incent that they did not contract a lockup period which is standard in business and business 101 level.
It ensures the market will not disproportionately increase the supply, which drives prices downward. 40+% in this case.

http://www.investopedia.com/terms/l/lockup-period.asp

That's really not going to fly in a sector like this unfortunately.

I don't see why it wouldn't work in crypto since the PR obviously went back to btc or Fiat. Kind of immature to have done that and kind of bad investors were not informed of it earlier. Tech is nice but behaviour is is slightly shocking.

Lots of people were paid in Incent for their work on ico. Any one of them could have dumped, and still could, just like anyone else. Most were smarter.
The dump was the first we knew about it, which was also when we shared that information.

That's fine to pay people in Incent, it is normal practice however the norm is to lock-up those shares/tokens to avoid an instant dump. It is irresponsible to investors not to consider it and the excuse of this being crypto is just an excuse.
You are asking for investors but you are not looking in their best interest and not being transparent about it.

When a coin (in this case Incent) is promised to be bought off the market because of an event or anything, something is off. I'm glad I bought at 10k and sold it at 19k just before the beginning of ICO, and washed my hands off this. I had similar experiences with colored coins back in 2014 and I guess my instincts kicked in.