I was writing to warn people when Qtum was at $15 ($1.5 billion market cap).  Price is now $9.75 ($975 million market cap).

It's still overvalued.  Their transparency announcement was defensive and only applied to the foundation side of the business.  Any smart person will tell you that just being transparent with the Swiss foundation portion- which is just a shell controlled by the corporate side is meaningless.

Also this IPO was exchange friendly- Qtum's exchange buddies got ICO allocations and they have an interest in pumping the price.  Usually when an exchange lists a coin with no alpha or anything-that means the exchange probably got some benefit such as ICO allocation at terms more favorable than general investors.

So, again:
-Founders/team have no history of successful crypto project
-Founder has been outed as a scammer on a previous project
-Only listed on Chinese exchanges involved with the project
-NO PRODUCT, NOT EVEN A TESTNET
-market cap went from $1.5 billion to $975 million in a couple days- still just vaporware

You have idiots comparing this to ETH.  Vitalik would never launch ETH in such a shady manner coordinating with his exchange buddies with not even an alpha in testnet.

Keep calling it FUD...but ask yourself why no reputable exchange outside of a few Chinese exchanges would list this coin?  How come a coin valued at $1 billion can't get a listing on Polo? Bittrex? Liqui?  Use your brain.  I dared you to buy at $15....I dare you to buy at $9...This is no ETH...and even if it was...even ETH had hiccups/growing pains.  You think a team with no track record, alpha...is going to not have a single hiccup?  Yet people keep throwing money away cuz of "China"....why does a country need its own crypto?  Aren't successful cryptos supposed to be global/borderless and most importantly TRANSPARENT?  I actually think the "it's China" argument makes this less valuable because it tells me this coin is constraining itself to a particular region- a region known for a lack of transparency.  And everything this project has done so far follows in the Chinese tradition of poor transparency.