So, here is how things will turn out (most likely) The pyramid scheme will be like this:[/size]
Since everybody has to verify (long proccess). Nobody will be able to dump tokens at start. So BTC-E will have time to dump their own BTE assets first. Token soon will be worth a fraction of 1$. Soon many verified user will dump their tokens to get at least some btc back. Since BTC-E dumped first they can rebuy coins later at a fraction of 1$ and give them to the new verified users way cheaper
...at one point when most of the users dumped their tokens btc-e can rebuy all coins cheap and pump it back to 1$.
Business as usual until G.I. Joe shows up and busts them again. This time with all the accounts linked to your personal or "faked" docs whatever...
The whole thing looks fishy.
This makes no sense. First of all BTC-E is not getting any BTE tokens to dump, it's their users who get BTE token. Secondly there won't be anything to dump "into". There will be no buyers from the beginning. Third, "pumping it to $1" would be stupidity of the most insane degree as btc-e clearly stated that they will buy BTE tokens at the lowest market price back. Pumping it would only be a disservice in that sense as they would need to pay more to settle debt, BTC-E wants, if anything, the price to be as low as possible to have to pay less for the debt. Since everybody has to verify (long proccess). Nobody will be able to dump tokens at start. So BTC-E will have time to dump their own BTE assets first. Token soon will be worth a fraction of 1$. Soon many verified user will dump their tokens to get at least some btc back. Since BTC-E dumped first they can rebuy coins later at a fraction of 1$ and give them to the new verified users way cheaper
...at one point when most of the users dumped their tokens btc-e can rebuy all coins cheap and pump it back to 1$.Business as usual until G.I. Joe shows up and busts them again. This time with all the accounts linked to your personal or "faked" docs whatever...
The whole thing looks fishy.