fucking big scammers here, sec should be cracking down on these individuals asap.
A scammer would be long gone by now.
Things aren't going as well as we would have liked but we haven't given up.
In fact, we have barely even started.
Also, we didn't do a typical ICO, we just put up sale walls without milestones or any promise what-so-ever.
The big mistake here was conducting an ICO in C-Cex. With people being able to place a sell wall, it blocks the original ICO price which is at 3k sats. Resulting in an early trades rather than collection.
You are correct.
This was an expected, and for me personally, a desirable outcome.
Let me try to explain
SilverCoin is designed for a specific purpose and it would be optimal if these coins could get distributed throughout the truth community first. This would make for a much more dedicated and motivated base whose priority in life is most aligned with the greater vision of the project.
Also, the technical scope of the project is not yet confirmed and likely wont be until we solidify our team. In that regard, its better to still have our coins/options then to have sold them all for 460 btc only to find out we need 2 times that. For example Im a big fan of maidsafe and see the future version of SilverCoin on the safenet but there is some question about the time/cost of doing that.
Everything is going well internally.