Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MNM][LAUNCHED] MINEUM |x13| PoW STARTED
by
ZenFr
on 04/05/2017, 07:41:18 UTC
I hate to be "that" person but it kind of... smart.

1) Make an ICO
2) Return "dividends" of like 10% a year while all market went up hundreds percent.
3) Because of this your coin WAY bellow ICO price as it not attractive at all.
4) Now you buy back at 3/4 of price (not sure about the number, more or less) because of the HOLDERS demand from "profits", artificially inflating it's value as there is no real value which derives from miserable dividends, that also gonna disappear because of buyback, so nobody really will buy it Smiley))  Even reaching ICO price will be "success".
5) You keep the operation, got almost nothing to pay to holders, got almost free funding. PROFIT.

the sad thing is that I am also a "big investor" here :/

I hate to tell that, but I agree with this post :-( !
And I am also a "big investor" here !

The only way to increase the value of MNM is to distribute more dividends : it is unlikely that ICO funds will yield as few btc in mining.

Redeem the MNMs with the dividends of people who have already bought them, it is not honest.

The buywall is a scam: me alone I have enough MNMs to make it collapse and I'm not the only one (I'm not saying I would). This buywall will be used only to refund the funds invested in the ICO by 2, 3 ou 4 people...